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13 May 2026, 20:12
Bitcoin nears $80,000 as CLARITY Act vote approaches
🚨 Bitcoin is holding just below the $80,000 mark amid heightened investor focus on the upcoming CLARITY Act vote in the US. Trading volume in $BTC remains strong as stablecoin activity surges and short-term selling pressure eases. 👀 Key point: The new bill could sharply redefine stablecoin rewards and reshape crypto market dynamics. Continue Reading: Bitcoin nears $80,000 as CLARITY Act vote approaches The post Bitcoin nears $80,000 as CLARITY Act vote approaches appeared first on COINTURK NEWS .
13 May 2026, 20:02
Data Analyst Spots the Pattern That Will Push XRP Beyond $12
XRP continues to hold above key support after months of consolidation, while one analyst believes the asset is preparing for a major breakout phase. Data analyst and financial chartist Celal Kucuker (@CelalKucuker) recently shared a long-term XRP chart outlining a large cup and handle formation , along with a projected move beyond $12. In his post, Kucuker stated, “A 1.61 Fib revisit will come. $XRP will trade above $12.” His chart maps XRP’s structure from 2023 into 2027 and highlights several technical levels that could shape the next stage of price action. The best Ripple chart. Cup and handle formation. A 1.61 Fib revisit will come. $XRP will trade above $12. pic.twitter.com/jy0Pdd0jIB — Celal Kucuker (@CelalKucuker) May 12, 2026 Can XRP Break Out of Descending Resistance? The chart shows XRP recovering after a lengthy corrective phase that followed the rally toward $3.65 in July 2025 . During the correction, XRP formed a descending resistance trendline while establishing a rounded bottom structure. That rounded formation now appears to resemble the right side of a cup pattern. XRP is about to push through the descending trendline near $1.45. The asset recently rebounded from the 0.382 Fibonacci retracement level around $1.10. According to the chart, that region served as the handle low before momentum shifted upward again. XRP Eyes Return to $3.65 Kucuker’s chart places a strong focus on the 1.0 Fibonacci extension near $3.65. XRP previously reached that level before entering consolidation . The current setup suggests the analyst expects another test of that area once bullish continuation confirms. The blue projection on the chart measures a potential 225.15% move from the handle low toward the previous peak near $3.65. XRP now trades around $1.45, meaning the asset still has significant room before revisiting that resistance zone. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Fibonacci Levels Show Key XRP Targets Beyond $3.65, the chart outlines several Fibonacci extension levels that may act as future resistance targets. The 1.272 extension sits near $6.18, while the 1.414 extension appears near $8.15. The most important level in Kucuker’s analysis remains the 1.618 Fibonacci extension near $12.10. That level appears prominently marked on the chart. Kucuker also circled the 1.618 extension area, reinforcing its importance in the overall setup. The green projection path on the chart suggests XRP could rally sharply after reclaiming the previous high, then continue climbing toward the $12 region during the next expansion phase. A breakout above the descending trendline will place attention on whether XRP can maintain strength above the $1.40 to $1.45 zone. Doing this will help it build momentum toward the previous high near $3.65 and the $12 target. 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 Data Analyst Spots the Pattern That Will Push XRP Beyond $12 appeared first on Times Tabloid .
13 May 2026, 20:00
A Quiet Rotation Into Altcoins May Already Be Underway: Altseason Hopes Return
Altcoins are showing signs of strength as the market prepares for a decisive week shaped by the CLARITY Act markup vote and price action testing key resistance levels across the board. The timing matters — and top analyst Darkfost has identified a shift in altcoin behavior that is worth paying attention to even against a backdrop that remains genuinely difficult. Related Reading: XRP Breaks $1.46 Despite $434M In Futures Selling – Discover What Comes Next The macro environment has not become friendly. US-Iran tensions continue to weigh on global risk appetite, with the ongoing conflict contributing to inflationary pressure that complicates the Federal Reserve’s path and keeps uncertainty elevated across financial markets. Against that backdrop, the fact that altcoins appear to be waking up is the notable development rather than a given. The context for what “waking up” means requires the preceding damage. The altcoin sector corrected by more than 50% — a decline driven partly by Bitcoin’s own correction, given its continued role as the market’s primary directional driver, but equally by a structural problem unique to this cycle. There are now approximately 51 million altcoins in existence, with 46% launched on Solana, 36% on Base, and 10% on BNB Smart Chain. That level of supply dilution across 51 million competing assets creates a liquidity fragmentation problem that no amount of market recovery can fully resolve — and it forms the structural headwind against which any genuine altcoin recovery must prove itself. 2% Above Their Key Level in February. 21% Today Darkfost’s data puts the current altcoin recovery in the precise historical context that gives it meaning. Among altcoins listed on Binance, approximately 21% have now reclaimed the 200-day moving average — the technical level that separates assets in structural recovery from those still trapped in downtrends. That reading represents performance not seen since September 2025, marking a genuine shift from the conditions that defined the worst of the correction. The February comparison is the most alarming data point in the analysis. At the depth of the altcoin decline, only 2% of Binance-listed altcoins were holding above their 200-day moving average. The progression from 2% to 21% over the intervening weeks is not noise — it is a directional shift in market structure that reflects the gradual return of investor interest to a sector that had been almost entirely abandoned. Darkfost’s framing is constructive but measured. The improvement is real, and the direction is encouraging — 21% represents a meaningful starting point for participants looking to build altcoin exposure before a broader recovery takes hold. The indicator is one of the most useful available for timing re-entry into the altcoin market, and its current trajectory is the most positive reading since before the correction deepened. The honest caveat Darkfost preserves is equally important. Calling an altseason from this position would be premature. The road from 21% to the kind of broad-based participation that characterizes a genuine altseason is long, and liquidity across 51 million competing assets remains constrained. The direction has changed. The destination is not yet confirmed. Related Reading: 21Shares Is Launching A Hyperliquid ETF: Here Is What Investors Need To Know Altcoins Attempt Recovery As Market Cap Reclaims Key Long-Term Support The total crypto market cap excluding the top 10 assets is trading near $201 billion after recovering from the sharp selloff that defined the first quarter of 2026. The chart shows that altcoins remain in a fragile but improving structure following a decline that pushed the sector below $160 billion during the February capitulation phase. Since then, buyers have gradually regained control, allowing the market to reclaim the psychologically important $200 billion region. Technically, the structure is beginning to stabilize. Price has recovered above the 200-week moving average, which currently sits near the $195 billion area and has historically acted as a key long-term trend indicator for the altcoin market. Holding above that level matters because previous cycles often used the 200-week average as the transition zone between broad bearish conditions and early-stage recovery phases. Related Reading: Altcoin CEX Volume Ratio Hasn’t Looked Like This Since The 2021 Bull Run: Capital Rotation Or Bear Market Rally? At the same time, the chart also shows that the market remains below the declining 50-week and 100-week moving averages. Those levels, currently between roughly $220 billion and $240 billion, continue to act as overhead resistance and define the broader downtrend structure that altcoins still need to overcome before a sustained expansion phase can begin. Featured image from ChatGPT, chart from TradingView.com
13 May 2026, 20:00
USDC is becoming central to the future of digital payments: Here’s why
Stablecoins increasingly moved beyond trading as Coinbase expanded deeper into digital financial infrastructure.
13 May 2026, 19:48
Kevin Warsh becomes Fed chair in 54-45 vote as central bank independence faces new test
Kevin Warsh cleared the Senate on Wednesday and became the next Federal Reserve chair after a brutal 54-45 vote, handing Trump a new central bank chief while the inflation picture is getting uglier. Kevin is taking over Jerome Powell at the exact time when Trump wants low interest rates, despite the recent price readings offering little wiggle room for the Fed. Markets do not like these kind of situations because there is politics one way and high inflation on the other hand, along with a new Fed chief stepping into the middle of all this chaos. Kevin’s confirmation came after an election process that started way back in the summer of 2025, when the government began searching for a replacement for Jerome. The 56-year-old man is going to be the 11th Fed chair in the post-war era. However, his confirmation came almost entirely partisan because only Democrat John Fetterman of Pennsylvania supported his nomination. Powell will serve his term till Friday, but he does not intend to leave the Fed yet. In fact, he still has two more years of being a Fed governor, and he mentioned last month that he is determined to finish the probe regarding the Fed building renovations first. It has been about 80 years since a Fed chair returned to the Fed. Kevin takes charge while Trump pushes for lower rates Trump has been here before, and that history is now hanging over Kevin. In November 2017, Trump picked Jerome to run the Fed instead of Kevin, who was then a younger former Fed governor. Trump believed Jerome would be easier to deal with. He later regretted that call as the two clashed over rates. At this moment, the million-dollar question being asked in the market is whether Trump regrets choosing Kevin, just like he regrets the appointment of Jerome. Trump once told everyone that “Fed chairs tend to change once they get the job done.” This quote means a lot because Kevin may lack the political immunity Jerome enjoyed from his boss. It looks like Kevin will be pushing “regime change” within the Fed system. This will certainly not be a pleasant message for the Fed with its preference for slow and measured actions, its cultlike processes inside, and its love of soft wording. And it’s his duty to convince members who see an uptick in inflation as something dangerous. It would have been difficult to imagine anything else as the crux of the matter here. There are those within the financial sector who believe that either he thinks too highly of his ability to influence processes within the Fed’s inner workings or is too close to Donald Trump to do so effectively. His progressive adversary Elizabeth Warren, a Democrat from Massachusetts, referred to him as Trump’s “sock puppet”. And yet there are some aspects which complicate this picture. Last year, Kevin told Donald not to remove Jerome. Such words undoubtedly saved the reputation of the Fed since getting rid of Jerome could have served the interests of Kevin quite well. In spite of all these reservations, he was nominated by Trump in January. Inflation keeps Kevin from handing Trump a quick cut The problem with cutting rates has already become one of the top priorities for Kevin. The president clearly wants lower rates and said he would be disappointed if Kevin fails to deliver. In his recent hearing before the Senate Committee on Banking, Housing, and Urban Affairs, Kevin insisted he had not made any promise to the president regarding rapid rate reductions. As reported by the federal statistics agency, the consumer price index rose to 3.8% in April. This increase was mostly attributed to the energy shock associated with events in Iran. Core inflation, which excludes highly volatile energy prices, increased for the third consecutive month. Now, some policymakers at the Fed think that interest rates may need to stay higher for longer to address inflationary pressures, even if geopolitical tensions in the Middle East ease. However, the central bank does not seem to be interested in a quick rate cut yet. But according to Kevin, the Fed has wasted too much time reacting to small short-term movements in the inflation data and has already lost some credibility among market participants. As evidence, he cited expectations for future inflation levels as measured by surveys conducted among financial investors and households. The smartest crypto minds already read our newsletter. Want in? Join them .
13 May 2026, 19:44
Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?
Despite short-term bearish bets from a successful Hyperliquid whale, a growing US Fed balance sheet and rising inflation support Bitcoin in the long term.
