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8 May 2026, 22:15

Upbit to List Pros (PROS) for KRW, BTC, and USDT Trading

BitcoinWorld Upbit to List Pros (PROS) for KRW, BTC, and USDT Trading South Korea’s largest cryptocurrency exchange, Upbit, has announced it will list Pros (PROS) for trading. The listing is scheduled to go live at 11:30 a.m. UTC today, with trading pairs available against the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Listing Details and Trading Pairs Upbit confirmed the listing through its official announcement channel. The exchange will support PROS deposits and withdrawals shortly before trading begins. Standard listing procedures apply, including initial price fluctuation limits and monitoring for market stability. The inclusion of a KRW trading pair is significant, as it provides direct fiat on-ramp access for South Korean retail investors, who represent a substantial portion of global crypto trading volume. What Is Pros (PROS)? Pros (PROS) is the native token of the Pros.Finance ecosystem, a decentralized finance (DeFi) platform focused on providing real-world asset (RWA) tokenization and yield optimization services. The project aims to bridge traditional finance with blockchain technology by enabling the tokenization of assets such as real estate, commodities, and invoices. PROS is used for governance, staking, and fee reduction within the platform. The token has a fixed supply and has been listed on several smaller exchanges prior to this Upbit listing. Market Implications and Trader Considerations Upbit listings have historically led to increased trading volume and price volatility for newly listed tokens, driven by the exchange’s large user base and high liquidity. South Korea’s crypto market is known for its retail-driven activity, and listings on major domestic exchanges like Upbit often generate significant short-term interest. However, traders should be aware of the risks associated with price fluctuations immediately following a listing, including potential volatility from initial buy pressure and subsequent profit-taking. The addition of BTC and USDT pairs also provides arbitrage opportunities for experienced traders across different markets. Conclusion The Upbit listing of Pros (PROS) marks a significant milestone for the token, expanding its accessibility to one of the world’s most active crypto trading communities. While the listing may drive short-term trading activity, the long-term value of PROS will depend on the adoption and utility of the Pros.Finance platform. Investors are advised to conduct their own research and consider the inherent risks of cryptocurrency trading. FAQs Q1: When will PROS trading start on Upbit? Trading is scheduled to begin at 11:30 a.m. UTC on the day of the announcement. Deposits and withdrawals are expected to open shortly before that time. Q2: What trading pairs are available for PROS on Upbit? Upbit will list PROS against the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Q3: What is Pros (PROS) used for? PROS is the native token of the Pros.Finance DeFi platform, used for governance, staking, fee discounts, and participating in real-world asset tokenization projects. This post Upbit to List Pros (PROS) for KRW, BTC, and USDT Trading first appeared on BitcoinWorld .

8 May 2026, 22:05

Upbit to Temporarily Suspend Cronos (CRO) Deposits and Withdrawals for Network Upgrade

BitcoinWorld Upbit to Temporarily Suspend Cronos (CRO) Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for Cronos (CRO), the native token of the Cronos blockchain. The halt, scheduled to begin at 3:00 p.m. UTC on May 19, is attributed to a planned network upgrade. What Users Need to Know The suspension affects all CRO deposit and withdrawal services on the Upbit platform. Trading of CRO against other cryptocurrencies and fiat pairs is expected to remain unaffected during the maintenance period. Upbit has not specified the exact duration of the suspension, but similar network upgrades typically last several hours to a day, depending on the scope of the update. Cronos (CRO) is the native token of the Cronos blockchain, an Ethereum-compatible network developed by Crypto.com. The upgrade aims to improve network performance, security, or functionality. Users holding CRO on Upbit are advised to complete any pending transfers before the cutoff time to avoid delays. Implications for Traders and Holders For active traders, the suspension means that CRO cannot be moved in or out of Upbit wallets during the upgrade window. This could affect arbitrage strategies or quick transfers to other exchanges. However, spot trading on Upbit is expected to continue normally, allowing users to buy or sell CRO within the platform. Long-term holders are unlikely to be impacted, as the upgrade is a routine technical event. The Cronos network has undergone previous upgrades without major issues. Upbit has a history of providing advance notice for such maintenance, and users should monitor the exchange’s official announcements for updates on when services will resume. Why This Matters Network upgrades are essential for blockchain ecosystems to remain competitive and secure. For Cronos, which supports decentralized applications (dApps) and DeFi protocols, the upgrade could bring new features or optimizations. For Upbit users, the suspension is a temporary inconvenience that underscores the importance of planning ahead for scheduled maintenance events. Conclusion Upbit’s temporary suspension of CRO deposits and withdrawals on May 19 is a routine measure tied to a Cronos network upgrade. While it may cause short-term friction for some users, the event is standard practice in the crypto industry. Traders should complete transfers before the deadline, and all users should watch for further updates from Upbit regarding the resumption of services. FAQs Q1: Will my CRO funds be safe during the suspension? Yes, your CRO balance on Upbit remains secure. The suspension only affects deposits and withdrawals; funds held in your Upbit wallet are not at risk. Q2: Can I still trade CRO on Upbit during the upgrade? Yes, trading of CRO is expected to continue normally. The suspension applies only to deposit and withdrawal services, not to spot trading. Q3: How long will the suspension last? Upbit has not specified an exact end time. Network upgrades typically take a few hours to a day. Check Upbit’s official announcements for the latest timeline. This post Upbit to Temporarily Suspend Cronos (CRO) Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .

8 May 2026, 21:45

Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade

BitcoinWorld Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposits and withdrawals for Ronin (RON) tokens, effective May 11. The halt is scheduled to begin at 9:00 a.m. UTC to facilitate a planned network upgrade and migration from the existing Ronin blockchain to Ronin L2. Details of the Suspension According to the official announcement from Bithumb, the suspension will impact all RON-related transactions on the platform. The upgrade aims to transition the network from its current iteration to Ronin L2, a layer-2 scaling solution designed to improve transaction throughput and reduce costs. Users are advised to complete any pending RON deposits or withdrawals before the cutoff time to avoid potential delays. Implications for Users During the suspension period, RON trading on Bithumb may continue, but users will not be able to move tokens in or out of the exchange. This is a standard procedure for exchanges when supporting network upgrades, as it ensures the integrity of transactions during the migration process. The duration of the suspension has not been specified, but similar upgrades typically take several hours to a few days to complete. Why This Matters Ronin is a sidechain originally built for the Axie Infinity ecosystem, and its transition to a layer-2 network represents a significant technical advancement. For holders and traders on Bithumb, one of South Korea’s largest exchanges, this upgrade could enhance the long-term utility and scalability of the RON token. However, users should remain vigilant and monitor Bithumb’s official channels for updates on when services will resume. Conclusion Bithumb’s temporary suspension of RON deposits and withdrawals is a routine but important measure to support the Ronin network’s upgrade to L2. Users are encouraged to act before the May 11 deadline to avoid inconvenience. The move underscores the exchange’s commitment to maintaining network compatibility and security during technological transitions. FAQs Q1: When will Bithumb suspend RON deposits and withdrawals? The suspension begins at 9:00 a.m. UTC on May 11. Q2: Why is Bithumb suspending RON transactions? The suspension is to support a network upgrade from the existing Ronin blockchain to Ronin L2, a layer-2 solution. Q3: Will RON trading continue during the suspension? Yes, trading may continue, but deposits and withdrawals will be unavailable until the upgrade is complete. This post Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade first appeared on BitcoinWorld .

8 May 2026, 21:30

Pundit Predicts When The XRP Price Will Rally To $12

A crypto analyst has laid out a technical case for XRP reaching between $8 and $12 by April 2027. This technical case is purely based on XRP’s price pattern on the weekly candlestick timeframe chart and a projection of where the cryptocurrency goes from here. XRP Can Technically Rally $8 To $12 The foundation of the pundit’s prediction is a multi-year ascending channel that has governed XRP’s price structure since the 2020 bear market lows. The cryptocurrency has been moving within a long ascending channel that stretches from the 2020 low to the 2021 rally, the 2022-2023 accumulation area, and the latest market cycle since 2024. Related Reading: Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There? Furthermore, the weekly chart shows XRP repeatedly reacting around the lower and middle portions of this channel before attempting to push back to the upper trendline. However, the most notable part of the current positioning is where the XRP price is sitting within this structure. The ascending channel is connected to higher lows, and the lower trendline is currently around $1.2 to $1.4. This means the cryptocurrency recently tested and held the lower boundary of the channel and has since begun curling upward, with the next projection being a return to the upper trendline of the channel. This movement implies that XRP is now in the early stages of what could become its most powerful channel rally to date. Interestingly, the upper boundary of the channel is currently around $12, which corresponds to the pundit’s prediction of an $8 to $12 price target zone for XRP. The Fibonacci levels on the chart also support the bullish projection. The 1.618 extension from the channel’s low is around $12.15, and this makes the $12 target more than a random number in the analysis. It aligns with the upper Fibonacci extension and the projected channel resistance, giving the prediction a technical basis. XRP Price Chart. Source: @CelalKucuker On X What The MACD Is Saying Another pointed element of the chart was highlighted in the MACD panel below the price action. A circled region on the weekly MACD shows the indicator printing a bullish signal, where the blue MACD line is about to cross over the orange one. This setup is similar to previous MACD crossovers that preceded XRP’s major upside moves, including mid-2025, which took the cryptocurrency to a new all-time high of $3.65. Related Reading: Bitcoin Has Entered Its ‘Most Dangerous Quarter,’ And This Expert Is Warning Investors The weekly MACD is starting to print green bars, and if this is sustained, it would add momentum confirmation to the bounce from the lower trendline of the ascending channel. In order for Kucuker’s 2027 predicted timeline to hold, XRP would need to clear several intermediate resistance levels before the end of the year, including the psychologically significant $2.00 price level, the $3.65 price peak, and the 1.272 and 1.414 Fibonacci extensions at $4.42 and $6.70, respectively. Featured image created with Dall.E, chart from Tradingview.com

8 May 2026, 21:25

XRP ETF Holdings Unveiled By $5 Trillion Asset Manager UBS: A Tale Spanning Nine Years

UBS, the financial giant that manages more than $5 trillion in assets, disclosed this week that it holds positions tied to XRP through XRP ETF vehicles and trust structures. The filing with the US Securities and Exchange Commission (SEC) shows that UBS’s involvement with XRP did not begin this quarter, and—according to one expert—should be viewed as the latest step in a long-running engagement with Ripple’s ecosystem. From RippleNet To XRP ETF Exposure In the SEC filing, UBS reported total exposure of approximately $1.5 million across two investment vehicles. The disclosure breaks down into 197,369 shares of the Volatility Shares XRP ETF and 317 shares of the Grayscale XRP Trust. Market expert Bull Winkle pointed out that UBS didn’t “discover” XRP recently. In 2016, UBS was among seven major banks that publicly joined RippleNet, according to his remarks on social media site X (formerly Twitter) this Friday. He described the SEC filing as not a starting point, arguing it reflects the continuation of a relationship that spans nearly a decade. In his view, the filing fits into a timeline that moves forward over time rather than appearing out of nowhere. Winkle’s broader “full picture” starts with 2016, when UBS joined RippleNet. He then ties UBS’s follow-on involvement to 2023, when UBS became a strategic partner at Tenity, and to 2024, when Ripple joined Tenity as a co-investor. “Nine years. One direction,” Winkle concluded, suggesting institutional engagement with Ripple’s infrastructure is more layered than any single headline would suggest. ETF Inflows Climb To $1.3 Billion Spot XRP ETFs have reportedly seen rising institutional demand, with cumulative inflows reaching $1.32 billion. In May, XRP ETFs have also recorded a three-day inflow streak, bringing in about $28.1 million between May 4 and May 6, while other days during that stretch showed neither inflows nor outflows. That ETF-driven demand has coincided with price strength. It has helped contribute to XRP moving above the $1.40 support area. At the time of writing, XRP traded around $1.41 per token, up roughly 2% over the past 24 hours. Even with the recent improvement, the asset remains far below its current price peak: XRP is still over 61% below its all-time high of $3.65, reached last year. Featured image from OpenArt, chart from TradingView.com

8 May 2026, 21:15

Bitcoin Rally May Be a Bear Market Trap, CryptoQuant Analyst Warns

BitcoinWorld Bitcoin Rally May Be a Bear Market Trap, CryptoQuant Analyst Warns Bitcoin’s recent price surge, which pushed the cryptocurrency to a three-month high, may be a bear market rally rather than the start of a sustained uptrend, according to a new analysis from CryptoQuant senior analyst Julio Moreno. The warning comes as Bitcoin has climbed more than 20% since early April, reigniting debate among traders and investors about the market’s true direction. What Is Driving the Rally? Moreno attributes the recent price action to a combination of factors, including previous undervaluation, easing macroeconomic pressures, and a notable spike in demand for Bitcoin perpetual futures. These instruments, which allow traders to speculate on price without an expiration date, have historically amplified short-term price moves. The rally, while impressive in percentage terms, may lack the fundamental support needed for a long-term recovery, the analyst suggests. Profit-Taking Signals Caution On-chain data shows that Bitcoin holders have begun taking profits during the uptrend, a behavior often seen near local tops. While this does not guarantee an immediate reversal, it indicates growing selling pressure. Moreno noted that a correction could still take time to materialize, but the risk of a pullback is increasing as the market becomes more leveraged. Why This Matters for Investors For retail and institutional investors alike, distinguishing between a genuine trend reversal and a bear market rally is critical. Mistaking the latter for the former can lead to poor entry points and increased losses if prices reverse sharply. The current environment, marked by lingering macroeconomic uncertainty and regulatory developments, adds another layer of complexity. Traders are advised to monitor on-chain metrics and futures market data closely rather than relying solely on price momentum. Conclusion While Bitcoin’s recent performance has brought optimism back to the market, the CryptoQuant analysis serves as a reminder that not every rally signals a new bull cycle. The coming weeks will be telling: if profit-taking accelerates and futures demand wanes, the rally could prove short-lived. For now, caution remains the prudent stance. FAQs Q1: What is a bear market rally? A bear market rally is a temporary upward price movement within a longer-term downtrend. It often catches traders off guard and can reverse sharply, trapping late buyers. Q2: Why does CryptoQuant think this rally is different? The analyst points to the rally being driven largely by futures demand and previous undervaluation, rather than strong spot market buying or fundamental improvements, making it vulnerable to a correction. Q3: Should I sell my Bitcoin now? This article does not provide financial advice. Investors should conduct their own research, consider their risk tolerance, and consult a financial advisor before making decisions. This post Bitcoin Rally May Be a Bear Market Trap, CryptoQuant Analyst Warns first appeared on BitcoinWorld .