News
19 May 2026, 12:55
XRP liquidations plunge 99 percent as price stalls at $1.37

🚨 XRP liquidations dropped a record 99 percent as price stuck at $1.37. Trading volume and volatility have sharply declined in $XRP recently. ⚡️ Key point: A move above $1.50 or below $1.29 could trigger a breakout. Continue Reading: XRP liquidations plunge 99 percent as price stalls at $1.37 The post XRP liquidations plunge 99 percent as price stalls at $1.37 appeared first on COINTURK NEWS .
19 May 2026, 12:55
Ethereum Price Prediction: ETH Holds Fib Support as Analysts Eye $15K Target

Ethereum is holding a key support zone after bouncing from the 0.5 Fibonacci level and the green Gaussian Channel. At the same time, a long-term cycle chart shows ETH still inside an ascending channel, with analysts pointing to a possible move toward $15,000 if support holds. Ethereum Price Holds $2,088 Fib Level as Gaussian Channel Turns Green Ethereum price is testing a key support area after bouncing from the Gaussian Channel and the 0.5 Fibonacci retracement level on the daily Bitstamp chart shared by Sky on X. The ETH/USD chart shows Ethereum trading near $2,129, close to the 0.5 Fib level at $2,088.8. This level now acts as the main support area for ETH after the recent pullback. ETH/USD Daily Price Chart. Source: Sky on X The chart also shows the Gaussian Channel has flipped from purple to green. That shift usually marks improving trend conditions after a long bearish phase. ETH is now sitting near the lower part of that green channel, where the analyst marked a possible bounce area. The last similar setup appeared in mid-2025. At that time, ETH bounced from the green Gaussian Channel and later climbed from around $2,100 to more than $4,900. However, ETH still needs to hold above the $2,088 Fib level to keep this bullish setup active. A daily close below that area would weaken the bounce structure and put the lower channel support near $2,097 in focus. If ETH holds this zone, the next upside levels sit near $2,561, which marks the 0.618 Fib level, and $3,424, which marks the 0.786 Fib level. A stronger move above those levels would bring the wider recovery setup back into focus. For now, Ethereum price remains at a decision point. The chart supports a bullish bounce only as long as ETH stays above the 0.5 Fib level and the green Gaussian Channel support. Ethereum Chart Points to Long Cycle Setup With $15K Target Ethereum is trading inside a long-term ascending channel on the two-week chart shared by Crypto Patel on X, with the analyst marking a possible move toward the $14,275-$15,000 area in the next cycle. The chart uses a long time frame from 2016 to 2029. It shows ETH moving through repeated cycle waves, with major peaks marked as wave 3 and wave 5. The first major cycle topped near the 2018 peak. After that, Ethereum corrected into 2020 before starting another large move. ETH/USD 2-Week Cycle Chart. Source: Crypto Patel on X The second cycle reached its wave 5 peak in 2021. Then ETH entered a long correction and moved back toward the lower half of the ascending channel. The current structure shows Ethereum near the lower channel support again. Crypto Patel marks this area as wave 2, which means the chart treats the recent weakness as part of a larger bullish cycle setup. The projected path shows ETH moving toward wave 3 first, then pulling back into wave 4. After that, the chart points to a possible wave 5 move toward the upper Fibonacci extension area. The main upside levels on the chart are the 2.618 extension near $14,275 and the higher marked zone near $52,300. However, the written claim focuses on the $15,000 area, which sits close to the $14,275 Fibonacci level. This setup depends on Ethereum holding the long-term ascending channel. If ETH breaks below that structure, the cycle projection would weaken. For now, the chart does not show a confirmed breakout. It shows a long-term roadmap where Ethereum needs to hold support first, then reclaim higher resistance zones before the $15,000 target becomes active.
19 May 2026, 12:55
Circle Mints 250 Million USDC, Boosting Stablecoin Supply on Ethereum

BitcoinWorld Circle Mints 250 Million USDC, Boosting Stablecoin Supply on Ethereum Circle, the company behind the USD Coin (USDC), has minted an additional 250 million USDC tokens on the Ethereum blockchain. The transaction, detected by blockchain tracking service Whale Alert, adds significant liquidity to the stablecoin market, which is a cornerstone of the decentralized finance (DeFi) ecosystem. Details of the Minting Event According to Whale Alert, the 250 million USDC was minted at the USDC Treasury on January 8, 2026. This is a routine but notable operation, as large mints often signal increased demand or preparation for market activities. The USDC Treasury is the smart contract controlled by Circle that issues and redeems USDC tokens. As of this report, the total circulating supply of USDC stands at approximately 42 billion tokens, making it the second-largest stablecoin by market capitalization after Tether (USDT). This latest mint represents a 0.6% increase in supply. Why This Matters for the Market Large stablecoin mints are closely watched by traders and analysts because they often precede periods of heightened trading activity or DeFi usage. Stablecoins serve as the primary on-ramp for fiat currency into the crypto economy. An increase in supply can indicate that institutional or retail investors are positioning for purchases, or that protocols require more liquidity for lending and borrowing. This minting event occurs during a period of relative market stability, with Bitcoin trading in a narrow range. The injection of fresh USDC could be used to facilitate new positions, provide liquidity to decentralized exchanges, or support upcoming token launches. Impact on DeFi and Liquidity For DeFi protocols, an increase in USDC supply is generally a positive signal. USDC is a primary asset used in lending markets like Aave and Compound, and as collateral for stablecoin swaps. More supply typically means lower borrowing costs and higher liquidity depth, which can attract more trading volume. However, the timing of the mint is also important. If the new USDC is not deployed into productive use quickly, it could indicate that the mint was pre-emptive or speculative, potentially leading to a short-term oversupply. Conclusion The minting of 250 million USDC by Circle is a standard operational event that adds significant liquidity to the Ethereum ecosystem. While it does not directly signal a market move, it provides the infrastructure for increased trading and DeFi activity. Market participants will be watching on-chain data to see how this new supply is utilized in the coming days. FAQs Q1: What does it mean when USDC is minted? Minting USDC means Circle creates new tokens, increasing the total supply. This is typically done in response to demand from investors who deposit fiat currency (USD) in exchange for USDC. Q2: Is this minting event bullish or bearish for crypto? It is generally considered neutral to bullish. An increase in stablecoin supply suggests that there is capital ready to be deployed into the market, which can support price increases if used for buying. Q3: How does this affect the price of USDC? USDC is a stablecoin designed to maintain a 1:1 peg with the US dollar. Minting does not affect its price, as the new tokens are fully backed by equivalent USD reserves held by Circle. This post Circle Mints 250 Million USDC, Boosting Stablecoin Supply on Ethereum first appeared on BitcoinWorld .
19 May 2026, 12:52
Toncoin (TON) And NEAR Protocol (NEAR): With Consumer Chains Getting Hit In Today’s Risk‑Off, Do TON And NEAR Hold Their User Bases Or Start A Quiet Off‑Season ...

Following yesterday’s brutal "Red Monday" macro flush, the digital asset market has entered a strict "prove it" phase. While speculative capital often flees quickly during risk-off events, the performance of "Consumer Chains"—networks built specifically for mainstream retail onboarding—offers a critical gauge of sector health. As of Tuesday, May 19, 2026, Toncoin (TON) and NEAR Protocol (NEAR) find themselves navigating different technical realities. Both ecosystems are anchored by massive, non-crypto-native user bases (Telegram for TON; the AI Super-App for NEAR), but their price charts reveal an urgent battle to hold structural Fibonacci support. Are builders buying the dip, or is the "Consumer Chain" narrative entering a quiet summer off-season? Toncoin (TON): Sitting on a Short-Term Knife Edge Source: tradingview Toncoin 's recent integration timeline has been flawless—the Catchain 2.0 upgrade and the 6x fee reduction have drastically improved its utility within Telegram. However, the price chart reflects a high-beta asset attempting to digest a massive, 100%+ run from early May. The Fibonacci Battlefield: TON's recent swing from $1.26 to a high of $2.89 established clear battle lines. Currently trading around $1.95, it has slipped below its 30-day SMA ($1.76 base equivalent) and is resting precariously close to the 61.8% Fibonacci retracement level at $1.88. The Make-or-Break Level: $1.88 is the critical line. A hold above this level means the current pullback is simply a textbook retracement of a healthy up-leg. The "Off-Season" Trigger: A daily close below $1.88, followed by a loss of the deep structural support at $1.61–$1.56 (the 78.6% Fib and 200-day SMA), would signal that the entire May breakout has been unwound, relegating TON to a choppy $1.50–$2.20 summer range. The Signal: TON’s RSI-14 sits in the low 50s, indicating momentum is neutral, not "washed out." If TON reclaims the $2.04–$2.07 band quickly, the consumer narrative is intact. NEAR Protocol (NEAR): Testing the Deeper Retrace Zone Source: tradingview NEAR has historically exhibited a strong trend profile driven by its chain-abstraction tech, but the recent market-wide flush has pushed it into a deeper corrective phase. The Support Test: NEAR experienced a sharp revaluation earlier this month, dropping heavily from its May highs. Based on current data streams, it is trading in the $0.66 region, actively testing deep structural support bands. The Value Zone: While NEAR was technically "hot" going into the mid-May flush, the rapid loss of its upper support tiers means it is now operating in what technical analysts call the "value buyer" zone. The "Off-Season" Trigger: If NEAR fails to consolidate at these current levels and drifts lower, the market is effectively saying that while NEAR's user base might remain active via its AI agent apps, traders are no longer willing to pay a premium for the "consumer chain" story in a risk-off environment. Do They Hold Their Bases Or Go Into Off‑Season? The distinction between a "healthy pullback" and a "dead off-season" usually comes down to whether on-chain usage diverges from price action. They Hold Their User Bases (And The Trend) If: TON bounces between $1.98–$2.07 and refuses to close a daily candle below $1.88. NEAR finds an immediate, high-volume floor at its current deep-retrace levels, proving that spot buyers are stepping in to defend the tech. On-Chain Resilience: Mini-app engagement on Telegram and gasless transactions on NEAR remain steady, showing that actual consumers don't care about the red candles. They Enter the Summer Off-Season If: TON starts living under $1.88 and begins a slow slide toward $1.61. NEAR breaks its current consolidation floor and continues to bleed. Narrative Exhaustion: The market stops rewarding consumer metrics and rotates purely into defensive assets (BTC) or yield-bearing infrastructure (LRTs). Final Verdict: Toncoin is currently fighting the more critical technical battle. It is executing a textbook retracement right to the edge of its trend-defining support. If the Sathorn builder crowds and institutional spot buyers step in here, the consumer chain narrative survives. If they step aside, expect a long, quiet summer chop. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
19 May 2026, 12:50
New Jersey Pension Fund Makes First Bitcoin-Treasury Stock Purchase with $220K Strive Investment

BitcoinWorld New Jersey Pension Fund Makes First Bitcoin-Treasury Stock Purchase with $220K Strive Investment The New Jersey State Police & Firemen’s Retirement Fund, a $33 billion public pension plan, has made its first-ever investment in a company that accumulates Bitcoin. The fund purchased 14,077 shares of Strive (ticker: ASST) for approximately $220,000, according to data from BitcoinTreasuries. Institutional Shift Toward Bitcoin Treasury Exposure This investment marks a notable development in how large public pension funds are approaching digital assets. Rather than buying Bitcoin directly, the fund has chosen indirect exposure through Strive, a firm that holds Bitcoin on its corporate balance sheet as a primary treasury strategy. This approach allows institutional investors to gain Bitcoin-linked returns without the operational complexities of direct custody. Strive, founded by Vivek Ramaswamy, positions itself as an “anti-woke” asset manager that advocates for Bitcoin as a corporate reserve asset. The company’s stock performance is closely tied to its Bitcoin holdings, making it a proxy for Bitcoin exposure in traditional equity portfolios. Context and Broader Implications The $220,000 allocation is relatively small compared to the fund’s $33 billion in assets under management. However, the symbolic significance is considerable. New Jersey joins a small but growing list of public pension funds that have allocated capital to Bitcoin-related equities, following early movers like the Houston Firefighters’ Relief and Retirement Fund and the Fairfax County Police Officers Retirement System. Public pension funds face unique fiduciary responsibilities and regulatory scrutiny. The decision by the New Jersey State Police & Firemen’s Retirement Fund to enter this space suggests that internal due diligence concluded that Bitcoin-treasury stocks meet their risk-return criteria. It also reflects a broader trend of institutional investors seeking inflation hedges and alternative asset exposure in a low-yield environment. What This Means for Bitcoin Adoption Institutional adoption of Bitcoin has historically moved in waves, often driven by regulatory clarity and market infrastructure maturity. The entry of a state-level pension fund into Bitcoin-treasury stocks adds credibility to the asset class and may encourage similar funds to evaluate comparable strategies. However, the relatively small size of the investment indicates a cautious, exploratory approach rather than a full strategic pivot. For retail investors and market observers, this development signals that Bitcoin is increasingly viewed as a legitimate portfolio component by conservative institutional capital. It also highlights the growing ecosystem of publicly traded companies that serve as Bitcoin exposure vehicles, offering traditional investors regulated entry points. Conclusion The New Jersey State Police & Firemen’s Retirement Fund’s $220,000 purchase of Strive stock represents a measured but meaningful step into Bitcoin-treasury exposure by a major public pension plan. While the allocation is modest, the decision underscores a gradual shift in institutional attitudes toward digital assets and their corporate proxies. As more pension funds evaluate similar strategies, the trend may accelerate, further integrating Bitcoin into mainstream institutional portfolios. FAQs Q1: What is Strive (ASST) and why did the pension fund buy its stock? Strive is an asset management firm that holds Bitcoin as a primary treasury reserve asset. The New Jersey pension fund purchased its stock to gain indirect exposure to Bitcoin’s price movements without directly holding the cryptocurrency. Q2: How significant is this $220,000 investment for a $33 billion fund? The investment is small relative to the fund’s total size (about 0.00067% of assets), but it is symbolically important as the fund’s first allocation to a Bitcoin-treasury company. It signals a willingness to explore digital asset exposure. Q3: Are other public pension funds investing in Bitcoin-related stocks? Yes. A few U.S. public pension funds, including the Houston Firefighters’ Relief and Retirement Fund and the Fairfax County Police Officers Retirement System, have previously allocated capital to Bitcoin-related investments, though the practice remains uncommon. This post New Jersey Pension Fund Makes First Bitcoin-Treasury Stock Purchase with $220K Strive Investment first appeared on BitcoinWorld .
19 May 2026, 12:48
'Fish In A Tank With Sharks'—Ouinex Hits $9M To Kill The Order Book

FXCM veteran Ilies Larbi has raised $9M entirely from retail traders to build a crypto exchange where market makers cannot trade against retail flow.













































