News
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, 06:07
Pi Network’s PI Token Gains Momentum Amid Bullish News From OKX

Pi Network’s native token has halted the price free-falls at least for now, posting a 3-4% daily increase that pushed it to well over the psychological level of $0.15. This rebound coincided with the overall altcoin rebound from several alts, as well as bullish news from OKX affecting the US market. PI Bounces From Local Lows After it was rejected at $0.20 at the end of the previous month, PI remained sideways at around $0.18 for a few weeks. It started to slowly lose value and entered a new lower range between $0.17-$0.18. A few more leg downs followed, driving the asset first to under $0.16 and then to a new three-month low of $0.146. It tried to rebound earlier this week, but it was halted at $0.155 and driven south to under $0.15 once again. Nevertheless, the past 24 hours have been more positive for the asset, as it reclaimed that level following an impressive 4% surge. Pi Network (PI) Price on CoinGecko Although it remains outside the top 50 alts by market capitalization, its own has risen above $1.6 billion on CoinGecko. The token unlocking schedule for the next month is rather contradictory. The following week or so will see the release of around 5 million coins per day. However, there will be an evident uptick to more than 15 million tokens per day by the end of the month and on June 2. The landscape will calm after June 3, which should ease the immediate selling pressure from these investors, many of whom have been waiting for a long time for their assets. Pi Token Unlock Schedule. Source: PiScan PI in the US Aside from the overall market revival in the past 24 hours, which has been rather selective as most of the larger caps have failed to post impressive rebounds, the other notable news that could be linked to PI’s jump past $0.15 is specifically aimed at Pi Network’s broader ecosystem and adoption. The team behind the project announced that the native token has been made available to “millions of people in the US” for the first time ever through OKX. The veteran exchange has long listed the asset, but the new development here is the addition of “another access point to the Pi ecosystem for US users,” said the team. They added that such moves mean “more users, more usage, [and] stronger network,” as the project continues to “expand its global network of Pioneers and partners.” The post Pi Network’s PI Token Gains Momentum Amid Bullish News From OKX appeared first on CryptoPotato .
21 May 2026, 06:05
EUR/JPY Price Forecast: Flat Technical Outlook as Intervention Risks Loom

BitcoinWorld EUR/JPY Price Forecast: Flat Technical Outlook as Intervention Risks Loom The EUR/JPY currency pair continues to trade in a narrow range, reflecting a neutral technical outlook as market participants remain cautious over potential intervention by Japanese authorities. The pair has struggled to break out of its recent consolidation zone, with traders closely watching for any verbal or direct action from the Bank of Japan (BOJ) or the Ministry of Finance. Neutral Technical Signals Dominate From a technical perspective, EUR/JPY is exhibiting indecisive price action, with the pair oscillating between support near 158.00 and resistance around 160.50. The 50-day moving average is flattening, and the Relative Strength Index (RSI) hovers near the 50 level, suggesting neither bullish nor bearish momentum. This lack of directional conviction has kept many traders on the sidelines, waiting for a catalyst. The neutral stance is further reinforced by converging moving averages and a lack of clear breakout patterns on the daily chart. Without a decisive move above 160.50 or below 158.00, the pair is likely to remain range-bound in the near term. Intervention Risks Weigh on Sentiment The primary factor keeping EUR/JPY from making a clear move is the persistent threat of Japanese intervention. Japanese officials have repeatedly warned against excessive yen weakness, and any sharp depreciation could trigger direct market action. This risk has created a “fear of intervention” that discourages aggressive short positions on the yen, effectively capping EUR/JPY upside. Market participants recall the BOJ’s intervention in late 2022 and early 2023, when the yen fell to multi-decade lows. The memory of those actions continues to influence positioning, with traders reluctant to push the pair too high without clear fundamental support. Why This Matters for Traders For forex traders, the current environment demands patience. The flat technical setup combined with intervention risks means that breakout strategies carry higher uncertainty. A sudden verbal warning from a Japanese official could trigger a sharp yen rally, while a lack of action might allow EUR/JPY to drift higher gradually. Additionally, the broader macroeconomic backdrop—including diverging monetary policies between the European Central Bank (ECB) and the BOJ—adds another layer of complexity. The ECB has maintained a relatively hawkish stance, while the BOJ remains accommodative, but intervention risks can override fundamental drivers in the short term. Conclusion EUR/JPY remains stuck in a neutral technical pattern as traders weigh intervention risks against fundamental divergence. Without a clear catalyst, the pair is likely to continue consolidating. Traders should monitor official comments from Tokyo and key technical levels for signs of a breakout. Patience and risk management remain essential in this uncertain environment. FAQs Q1: What does a neutral technical outlook mean for EUR/JPY? A neutral outlook means the pair is trading within a range without clear bullish or bearish momentum. Traders should wait for a breakout above resistance or below support before taking directional positions. Q2: How does Japanese intervention affect EUR/JPY? Japanese intervention typically involves selling foreign currencies (like the euro) and buying yen to strengthen the yen. The threat of intervention can cap EUR/JPY upside and cause sudden sharp moves downward. Q3: What key levels should traders watch in EUR/JPY? Traders should monitor support near 158.00 and resistance around 160.50. A break above 160.50 could open the door to 162.00, while a drop below 158.00 might lead to a test of 156.50. This post EUR/JPY Price Forecast: Flat Technical Outlook as Intervention Risks Loom first appeared on BitcoinWorld .
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, 06:00
Bitcoin ETF Inflows Are Underperforming In 2026, Data Shows

Data shows the Bitcoin spot exchange-traded funds (ETFs) have witnessed capital inflows lag this year relative to 2025 and 2024. Bitcoin Spot ETFs Have Seen Cumulative Net Inflows Underperform In 2026 In a new post on X, analyst Maartunn has discussed how the cumulative inflows related to the US Bitcoin spot ETFs in 2026 so far have compared to past years. “Spot ETFs” here refer to investment vehicles that allow investors to gain indirect exposure to the cryptocurrency. Related Reading: Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD The main benefit of the spot ETFs is that since they trade on traditional exchanges, users never have to interact with any blockchain infrastructure like digital asset exchanges or wallets at all. This advantage of theirs can make them a convenient mode of investment into cryptocurrencies for the more traditional investors like institutional entities. In the US, the Securities and Exchange Commission (SEC) approved the spot ETFs for Bitcoin back in January 2024, while Ethereum received its approval in July of the same year. Since then, these funds have attracted a significant amount of capital inflows, establishing themselves as one of the cornerstones of the sector. Below is a chart that shows how these inflows have compared across 2024, 2025, and 2026: As is visible in the graph, the US Bitcoin spot ETFs enjoyed the highest amount of net inflows during 2024, their first year in existence. This year mostly saw bullish or sideways price action, so interest in the funds was quite consistent. 2025 also observed the entry of a significant amount of capital into these funds, but the trajectory followed over the year wasn’t quite as straightforward. The price depression during the first few months meant that outflows took place, but the bull run that followed in the second half of the year garnered a huge amount of interest. The inflows during this period were so strong that 2025 was on pace to beat 2024. As the bull run fizzled out and a bearish transition occurred in the last quarter of the year, however, outflows once again followed. Related Reading: USDC Exchange Inflows Hit $350M—Traders Buying The Bitcoin Dip? 2026 so far has continued the bearish market trajectory, with the cryptocurrency being more than 11% down compared to the start of the year. As a result, inflows have predictably remained weak. The recent Bitcoin recovery did attract some interest, but even after these inflows, 2026 is behind where 2024 and 2025 were at the same point in time. It now remains to be seen whether the year will continue to lag in the coming months or if a market turnaround will appear. BTC Price Bitcoin dropped toward the $76,000 level earlier in the week, but the coin has since seen a minor rebound back to $77,600. Featured image from Dall-E, chart from TradingView.com










































