Invest ideasNews
21 May 2026, 06:19
Can Ethereum reclaim $2,200 despite fading ETF demand?
Similar to Bitcoin, Ethereum has bounced back from a key support level and could rally higher despite declining institutional support. Ethereum(ETH) is trading above $2,140 on Thursday, up by less than 1% in the last 24 hours. The broader market rally comes following positive developments in the US-Iran war. Momentum indicators for Ethereum are also improving, indicating that the buyers are slowly stepping in. However, institutional demand continues to decline, with Ethereum ETFs recording massive outflows on Wednesday. Institutional demand for Ethereum remains weak ETH is in the green as the broader crypto market recorded gains over the past 24 hours. The primary catalyst behind this performance was the positive event regarding the ongoing US-Iran war. President Trump announced on Wednesday that the United States is in the final stages of negotiations with Iran, but warned of further attacks if a deal isn't reached. He stated that: We're in the final stages of Iran. We'll see what happens. Either have a deal, or we're going to do some things that are a little bit nasty, but hopefully that won't happen. Donald Trump President of the United States However, institutional interest in Ethereum continues to decline. Data obtained from CoinGlass revealed that spot Ethereum ETFs recorded an outflow of $28 million on Wednesday, posting eight consecutive days of negative flows. Meanwhile, retail interest in Ethereum is rising despite the current market conditions. Ethereum's futures open interest has added roughly 500,000 ETH since Monday. According to CoinGlass , Ethereum’s futures Open Interest (OI) now reads $31.42 billion, up 1% in the last 24 hours. Despite the price decline and liquidations, ETH funding rates remained positive, suggesting bulls are buying the dip with leverage. Ethereum price forecast: Bulls seek to reclaim $2,200 resistance level On the 4-hour chart, ETH maintains its bearish bias despite adding 1% to its value since Wednesday. At press time, ETH is trading at $2,140, below the 20-day Exponential Moving Average (EMA) of $2,234. The momentum indicators show that the bulls are slowly regaining control, with ETH looking to rally higher in the near term. The Relative Strength Index (RSI) is near 47, approaching the neutral 50, indicating a fading bearish trend. The MACD lines are also approaching the neutral zone, adding further confluence to the declining selling conditions. If the market recovery persists, initial resistance will be seen at the barrier around $2,211. A daily candle close above this level would allow ETH to extend its rally past the 50-day EMA at $2,234 and target other resistance areas around $2,389. However, if the bearish trend returns, the buyers would need to defend the immediate support at $2,067 to stand a chance of a reversal. Failure to defend this support level would make it easier for the sellers to push ETH’s price lower towards demand zones at $1,909 and $1,741. The post Can Ethereum reclaim $2,200 despite fading ETF demand? appeared first on Invezz
21 May 2026, 06:04
ZEC Hits Six-Month High as SEC Ends Zcash Foundation Probe
Zcash jumped over 17% on Wednesday to reach a high of $690, a price level not seen since November last year. This rally took place on the back of the news that the U.S. Securities and Exchange Commission had closed its investigation into the nonprofit without enforcement action. The news confirmed by the Zcash Foundation’s Q1 2026 report published on May 19 closes the book on a massive regulatory battle for Zcash. The SEC investigation into Zcash dates all the way back to August 2023 with a subpoena under the case “In the Matter of Certain Crypto Asset Offerings”. With the investigation coming to an end, Executive Director Alex Bornstein described the first quarter of 2026 as “one of the most consequential” periods in the Foundation’s history. The timing for ZEC could hardly have been better. After a roughly 75% drawdown from its highs of $750 set in November to a low of $185 in February, Yesterday’s 17% move now puts Zcash within around 10% of breaking the highs put in last year. A Three-Year Overhang Finally Lifts The end of the SEC’s investigation into Zcash that spanned over the course of the past three years has effectively wiped out the biggest risk plaguing the entire project. For years, the potential of the project being labelled as an unregistered security was real, and for this reason, institutional money stayed away and many U.S. exchanges decided to delist the token years ago. With this decision coming in, a piece of that risk now disappears. The Foundation’s own balance sheet is also in solid shape. At the end of Q1, net liquid assets stood at $36.7 million, with 85,412 ZEC worth roughly $21.2 million making up the bulk of that. Total operating expenses for the quarter came to $817,618, an average of around $272,500 a month. At that burn rate, the nonprofit has years of runway in front of it. The cushion is useful timing too, considering what’s been going on at Electric Coin Company. ECC’s core development team walked out earlier this year over a governance fight with the Bootstrap board and have since announced plans for a new privacy wallet, cashZ. The Rally Has More Going On Than Just the SEC Yesterday’s move was certainly influenced by the SEC news. Having said that, ZEC was already seeing bullish momentum in the weeks leading up to this latest news. On April 23, Robinhood listed ZEC for nationwide U.S. trading, opening up the token to millions of retail investors for the first time. $ZEC is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/68xgDsNDJm — Robinhood (@RobinhoodApp) April 23, 2026 Less than two weeks later, on May 5, Multicoin Capital disclosed a “significant position” in the token, with co-founder Tushar Jain describing Zcash as “a return to the cypherpunk ideals crypto was founded on”. 1/ Multicoin has built a significant position in $ZEC since February. Zcash is a return to the cypherpunk ideals crypto was founded on. — Tushar Jain (@tushar_jain) May 5, 2026 Grayscale’s outstanding Form S-3 to convert its Zcash Trust into a spot ETF also started drawing fresh attention through May. If approved, the product would list on NYSE Arca under the ticker ZCSH and become the first spot privacy coin ETF in the U.S. The SEC closure does not fix the ECC governance fallout, but it does at least let the project move forward without a federal probe hanging over it. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
21 May 2026, 06:02
Egrag Crypto to XRP Holders: These Price Targets Are Coming. It Is Your Choice
EGRAG CRYPTO (@egragcrypto) has shared a new post on XRP, and the timing is hard to ignore. The long-term Chasm structure the analyst has tracked across multiple cycles still projects targets of $15, $27, and $50. The analyst reinforced these targets in a recent post, showing certainty that these levels are coming. Now, Digital Perspectives (@DigPerspectives) is connecting that technical outlook to a regulatory development that could act as the trigger. Digital Perspectives’ Outlook for XRP EGRAG CRYPTO shared a video where Digital Perspectives discussed his Chasm analysis alongside the current state of crypto legislation. He pointed to the CLARITY Act as the event that could drive XRP into those upper targets . In his view, a bill passage or even scheduled news could supply the strength needed to break the market out. He stated the CLARITY Act will become a catalyst, comparing its potential impact to the 1996 Telecommunications Act, which reshaped an entire industry. He believes that if the bill gets passed or there is news that it is scheduled, it could give XRP the strength needed for a massive breakout. The targets remain $15, $27, and $50. #XRP – The CHASM ($15, $27, $50… etc ): Maybe Or Maybe Not….. It is Coming… It is your choice… pic.twitter.com/w8aVxhHk7l — EGRAG CRYPTO (@egragcrypto) May 19, 2026 The CLARITY Act Clears a Major Hurdle That regulatory momentum is already moving. The Senate Banking Committee passed the CLARITY Act on May 14 in a 15-9 vote. The bill now heads to the full Senate, where it will require 60 votes to advance. It still has legislative gates to clear, but the committee vote marks a significant step forward for the crypto industry’s top legislative priority. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Digital Perspectives has long argued that the CLARITY Act carries the kind of structural importance that could reshape institutional participation in digital assets. The committee vote keeps that possibility alive. The Setup for a Breakout EGRAG CRYPTO’s Chasm analysis tracks XRP inside a large ascending channel with upper targets that rise over time. The $15, $27, and $50 levels are not fixed. They move higher as the channel slopes upward, which means the longer the structure holds, the higher those projections climb. Two factors are now converging. The Chasm structure gives XRP a defined technical roadmap. The CLARITY Act gives the market a catalyst to act on it. Digital Perspectives believes the two are connected, and the committee’s vote on May 14 makes that argument harder to dismiss. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Egrag Crypto to XRP Holders: These Price Targets Are Coming. It Is Your Choice appeared first on Times Tabloid .
21 May 2026, 05:30
South African Treasury Extends Crypto Rule Deadline to June 30 After Backlash
South Africa’s National Treasury and central bank have assured the crypto industry that proposed capital-flow regulations will not criminalize digital asset ownership or apply retrospectively. Modernizing Exchange Controls South Africa’s National Treasury and the South African Reserve Bank have sought to calm growing concern in the crypto industry, saying proposed changes to the country’s capital-flow
21 May 2026, 05:28
Could SpaceX sell its 18,712 Bitcoin after going public?
SpaceX has disclosed holding 18,712 Bitcoin worth about $1.5 billion in its newly filed IPO paperwork, revealing a much larger crypto position than previously estimated by blockchain analytics firms. According to SpaceX’s S-1 registration statement filed with the US Securities and Exchange Commission, the Elon Musk-led aerospace company accumulated its Bitcoin holdings at an average purchase price of roughly $35,320 per coin. At current market prices, the treasury allocation places SpaceX among the largest corporate Bitcoin holders globally, behind firms such as Strategy. Fresh details from the filing also showed the company held the Bitcoin at a fair value of $1.3 billion as of March 31, while Bitcoin’s recent rally has pushed the value closer to $1.5 billion. The latest SEC filing showed SpaceX holds substantially more Bitcoin than Tesla’s 11,509 BTC reserve, while also far exceeding earlier estimates from BitcoinTreasuries.NET and crypto analytics firm Arkham, both of which had pegged the company’s holdings at 8,285 Bitcoin. The disclosure arrived alongside SpaceX’s confirmation that it plans to go public in what could become the largest initial public offering in capital markets history. Reports suggest the company could seek a valuation between $1.5 trillion and $2 trillion, potentially putting it alongside firms such as Apple, Microsoft, and NVIDIA by market value if the upper range is achieved. The specific timing and cost tracking in the S-1 filing illustrate that SpaceX has treated Bitcoin as a long-term capital asset . Even though the Wall Street Journal reported accounting write-downs on the value of their crypto assets in prior years due to market downturns, the IPO paperwork shows the company chose to hold through market cycles. This resilience indicates that the asset was integrated into their overarching macroeconomic outlook, giving the company an asymmetric upside that has paid off handsomely at current market valuations. IPO could reshape SpaceX’s Bitcoin play Once public, however, SpaceX may face tougher scrutiny over how it manages digital assets on its balance sheet. In the private arena, Musk had near-absolute authority to allocate capital toward volatile digital assets without public accountability. Post-IPO, SpaceX will be bound by stricter corporate governance, a fiduciary duty to public shareholders, and intense scrutiny from institutional investors. Large asset managers who are highly risk-averse will likely push back against expanding a volatile crypto treasury, meaning the hurdle for the company to purchase additional Bitcoin in the near future is exceptionally high. The path toward further accumulation is also complicated by the strict accounting rules governing public companies. Although accounting standards have evolved to allow corporations to report digital assets at fair market value, the inherent volatility of cryptocurrency still introduces massive fluctuations into a company's reported net income and balance sheet health. Public market investors generally prefer predictable, transparent cash flows, especially for a capital-intensive aerospace company that needs billions of dollars to fund Starship development and Starlink launches. Adding more volatility to the balance sheet could artificially suppress the stock price, making a buy decision counterproductive to the primary goals of going public. Conversely, the probability of SpaceX selling a portion or all of its Bitcoin holdings is notably higher than the probability of them buying more. Going public is fundamentally an exercise in maximising liquidity and optimisation. If SpaceX faces massive capital expenditure requirements for its Mars exploration program or global satellite deployment, its board may view the $1.4 billion-plus Bitcoin stash as an easy piggybank to liquidate for cash. Using Bitcoin to fund core operational engineering projects is highly justifiable to Wall Street, whereas sitting on speculative digital assets while simultaneously burning cash on rocket development could frustrate mainstream institutional shareholders. Tesla’s historical financial playbook offers a clear template for how SpaceX might behave regarding a future sale. Tesla famously purchased $1.5 billion in Bitcoin in 2021, only to liquidate roughly 75% of it later to prove liquidity and shore up cash reserves during operational crunches. Because Musk manages both companies with similar treasury frameworks, it is highly likely that SpaceX views its Bitcoin holdings as a highly liquid cash equivalent. If market conditions tighten, or if the post-IPO valuation demands a cleaner balance sheet, a strategic, partial divestment to lock in profits from their $35,320 cost basis would be a logical and highly probable move. Ultimately, SpaceX is preparing to enter a new era of corporate maturity where its Bitcoin treasury will be a polarising focal point for investors. While crypto-friendly tech investors will view the holding as a visionary, forward-thinking treasury strategy, traditional Wall Street analysts will likely view it as an unnecessary risk variable. Whether SpaceX chooses to hold, sell, or buy, the presence of 18,712 Bitcoin on its S-1 filing ensures that the company's financial narrative will remain uniquely linked to the broader digital asset economy. The post Could SpaceX sell its 18,712 Bitcoin after going public? appeared first on Invezz
21 May 2026, 05:20
Don't call us just a WLFI treasury company, says AI Financial
The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet.
