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26 May 2026, 14:26

Binance launches its first regulated trading in the Philippines

🚨 Binance is officially launching regulated crypto services in the Philippines. New partnership with BlockShoals brings SEC-approved trading to local users. Continue Reading: Binance launches its first regulated trading in the Philippines The post Binance launches its first regulated trading in the Philippines appeared first on COINTURK NEWS .

26 May 2026, 14:22

Mysterious Bitcoin burn revives scrutiny around dormant Mt. Gox-linked wallets

On-chain analysts flagged a series of Bitcoin burn transactions after over $8m in BTC moved into a provably unspendable address tied to unusual wallet activity.

26 May 2026, 14:20

Silver Price Forecast: XAG/USD Holds Below Key Averages as Bearish Pressure Persists

BitcoinWorld Silver Price Forecast: XAG/USD Holds Below Key Averages as Bearish Pressure Persists Silver prices (XAG/USD) are consolidating in a tight range during Tuesday’s trading session, with the precious metal struggling to reclaim ground above several key moving averages. The persistent bearish undertone reflects ongoing headwinds from a stronger US Dollar and rising Treasury yields, which continue to dampen demand for non-yielding assets like silver. Technical Setup: Below the 50, 100, and 200-Day Moving Averages From a technical perspective, XAG/USD remains capped below its 50-day, 100-day, and 200-day simple moving averages (SMAs). This alignment is a classic bearish signal, indicating that sellers maintain control in the medium to long term. The 200-day SMA, currently near the $24.50 region, acts as a significant resistance level. A sustained move above this threshold would be needed to shift the near-term bias to neutral or bullish. On the downside, immediate support is seen near the $22.80 area, a level that has held during recent pullbacks. A decisive break below this support could open the door for a test of the $22.00 psychological level and potentially the 2023 lows around $21.90. Fundamental Drivers: Dollar Strength and Rate Expectations The broader macro environment remains challenging for silver. The US Dollar Index (DXY) is hovering near multi-month highs, supported by hawkish signals from the Federal Reserve. Market participants are pricing in a higher-for-longer interest rate scenario, which increases the opportunity cost of holding precious metals. Additionally, rising US Treasury yields, particularly the 10-year note, are drawing capital away from non-yielding assets. Industrial demand, which accounts for a significant portion of silver consumption, is also showing signs of softening. Weak manufacturing data from China and Europe has raised concerns about global economic growth, further weighing on silver’s outlook. What This Means for Traders For short-term traders, the consolidation below key moving averages suggests a cautious approach is warranted. The bearish undertone implies that any rallies toward resistance levels could be selling opportunities. However, a surprise catalyst—such as a weaker-than-expected US jobs report or a sharp escalation in geopolitical tensions—could trigger a short-covering rally. Long-term investors may view current levels as an accumulation zone, but a clear technical breakout is needed to confirm a trend reversal. Conclusion Silver remains in a bearish consolidation phase, with prices trading below critical moving averages. The technical outlook favors sellers unless a sustained move above the 200-day SMA materializes. Traders should monitor upcoming US economic data, including the Consumer Price Index (CPI) and retail sales figures, for fresh directional cues. Until then, the path of least resistance for XAG/USD appears lower. FAQs Q1: Why is silver price falling despite inflation concerns? Silver is facing headwinds from a strong US Dollar and higher interest rates, which reduce its appeal as an inflation hedge. Additionally, industrial demand concerns are weighing on the metal. Q2: What are the key resistance levels for silver? The primary resistance is the 200-day moving average near $24.50. Below that, the 50-day and 100-day SMAs around $23.80 and $24.00 also act as barriers. Q3: Could silver rebound soon? A rebound is possible if US economic data disappoints, weakening the Dollar. However, a clear technical breakout above the 200-day SMA is needed to confirm a bullish reversal. This post Silver Price Forecast: XAG/USD Holds Below Key Averages as Bearish Pressure Persists first appeared on BitcoinWorld .

26 May 2026, 14:19

Will Pi Network (PI) Outperform AI Crypto Coins in 2026? ChatGPT Gives a Surprising Answer

Pi Network has always been one of the rather unusual stories in crypto. You see, unlike most tokens that first build liquidity and then search for users, Pi’s team spent years building a mobile-first community before actually opening itself to the broader cryptocurrency market through a token generation event. That makes the question of whether Pi Network can outperform AI crypto coins, representing one of the strongest narratives in the industry at present times, particularly interesting. With it in mind, we decided to ask ChatGPT for an answer, to see how an AI thinks about whether a viral altcoin can outperform AI-based cryptocurrencies. Let’s see what it had to say. The Bull Case: A Contrarian View As the subheading suggests, ChatGPT favors AI crypto coins, but it also presents a contrarian view where Pi emerges victorious. It explains that artificial intelligence remains one of the strongest narratives, not just in crypto, but in finance as well. To be fair, there is a point to that. Just yesterday, we reported that DRAM became the fastest-growing ETF in history, and its prime focus is chip manufacturing for AI infrastructure development. But the chatbot built a different bull case for Pi Network: “It is not mainly about advanced technology. It is about community, distribution, and surprise. If PI gains stronger exchange listings, improves liquidity, and shows real ecosystem usage, the token could reprice quickly. because PI’s market cap is smaller than the broader AI crypto sector, it may have more room for a sharp percentage move if sentiment turns bullish.” Of course, that does sound a lot like hopium, given that prominent exchange listings on platforms like Binance have been teased for many months now to no avail. That said, it’s interesting to see if PI can pull off a “surprise.” Why AI Cryptos Have an Edge Surprisingly or not, the AI-based system thinks that AI has an edge. That’s because these altcoins are associated with a global technology trend, as opposed to PI coin, which still needs to prove that its community can actually convert into a robust economy. ChatGPT even gave some odds. It thinks there is a 15% chance of PI strongly outperforming AI cryptos, and it gives us a 25% chance of modestly outperforming some AI coins. It thinks that there is a 40% chance that AI will prevail. Now, remember, this article leans on the speculative spectrum, and it’s intended for comparative purposes, not as financial advice. The objective truth is that PI coin is down 80% in the past year, and its performance has been quite disappointing. Still, it sits on a market cap of more than $1.5 billion, making it one of the larger altcoins. The post Will Pi Network (PI) Outperform AI Crypto Coins in 2026? ChatGPT Gives a Surprising Answer appeared first on CryptoPotato .

26 May 2026, 14:15

BNP Paribas: British Pound Set for Stabilisation as Gilt Yields Rise

BitcoinWorld BNP Paribas: British Pound Set for Stabilisation as Gilt Yields Rise Analysts at BNP Paribas have issued a new forecast suggesting the British pound is likely to stabilise in the near term, supported by higher gilt yields. The French banking giant’s currency strategy team sees the current market dynamics as providing a floor for sterling, even as broader economic uncertainties persist. Gilt Yields as a Key Support Factor The core of BNP Paribas’ argument rests on the recent rise in UK government bond yields, or gilts. Higher yields make UK-denominated assets more attractive to foreign investors, which in turn increases demand for the pound. This mechanism, often referred to as the yield channel, is a traditional driver of currency flows. The bank notes that the yield differential between UK gilts and other major sovereign bonds, particularly US Treasuries and German Bunds, has widened in favour of the UK, providing a tangible buffer for GBP. Context and Market Background The pound has faced considerable headwinds in recent months, including a stubbornly high inflation rate, a slower-than-expected economic recovery, and political uncertainty ahead of the next general election. However, the Bank of England’s cautious approach to interest rate cuts has kept yields elevated. BNP Paribas’ view aligns with a growing consensus that while the UK economy faces structural challenges, the currency is not currently pricing in a disorderly scenario. The stabilisation forecast suggests that the risks of a sharp depreciation have diminished, at least in the short term. Implications for Investors and Businesses For businesses engaged in cross-border trade, a stabilising pound reduces the risk of sudden cost fluctuations in imports and exports. For forex traders, the BNP Paribas note provides a clear anchor point: expect range-bound trading rather than a breakout move. The bank’s analysis implies that the pound may trade within a relatively narrow band against the euro and the dollar, with any significant move requiring a fresh catalyst, such as a surprise shift in Bank of England policy or a major geopolitical event. Conclusion BNP Paribas’ assessment offers a measured, data-driven outlook for the British pound. While not predicting a strong rally, the bank’s expectation of stabilisation provides a useful reference for market participants. The key variable to watch remains the trajectory of gilt yields and the Bank of England’s monetary policy decisions in the coming months. FAQs Q1: Why do higher gilt yields support the British pound? Higher gilt yields increase the return on UK government bonds, attracting foreign capital. This inflow of investment creates demand for the pound, which helps support its value in the foreign exchange market. Q2: Is BNP Paribas predicting a rally for the pound? No. The bank is forecasting stabilisation, not a rally. This means they expect the pound to trade within a relatively stable range rather than appreciating or depreciating sharply. Q3: What could change the stabilisation outlook? Key risks include a sudden change in Bank of England interest rate policy, a sharp move in global bond yields, or unexpected economic data that alters investor sentiment toward the UK economy. This post BNP Paribas: British Pound Set for Stabilisation as Gilt Yields Rise first appeared on BitcoinWorld .

26 May 2026, 14:13

Major shakeup as top ETH leaders depart in 2024

🚨 Major leaders behind $ETH roadmap just exited the Foundation. Key figures left roles in protocol, research, and Layer 2. 🙌 Critical development may now rely on external teams. Continue Reading: Major shakeup as top ETH leaders depart in 2024 The post Major shakeup as top ETH leaders depart in 2024 appeared first on COINTURK NEWS .