Key Takeaways Nearly 35 million XRP were withdrawn from exchanges in 24 hours -- the sixth-largest daily outflow of 2026 -- reducing immediately available sell-side supply, per SantimentSimilar outflow spikes preceded a 20% XRP rally in March and a 48–50% surge in February, strengthening the case for a May price moveUS spot XRP ETFs recorded three consecutive weeks of net inflows totaling $82.88 million, pushing total AUM to $1.1 billion, per SoSoValueXRP whale flows have turned positive for the first time since early 2026, with the 90-day moving average crossing back above zero, per CryptoQuantA falling wedge technical setup targets the $1.87–$1.89 zone -- approximately 30% above current levels -- by June, aligning with the 50-week EMA and 0.5 Fibonacci retracement XRP is flashing a convergence of bullish on-chain, institutional, and technical signals that analysts say could drive a 30% price rally by June, with exchange outflows, whale accumulation, and ETF inflows all pointing in the same direction as the asset attempts to break out of a two-year falling wedge structure. Exchange Outflows Hit Sixth-Largest Day of 2026 As of Saturday, the XRP Ledger recorded nearly 35 million XRP in exchange outflows over the prior 24 hours -- the sixth-largest daily outflow of 2026 -- according to Santiment data. Large exchange outflows typically indicate investors are moving tokens into private wallets or cold storage, tightening the supply of XRP immediately available for sale on exchanges. The historical precedent for this signal is encouraging. A similar outflow spike in March preceded a roughly 20% XRP price rebound. February's outflow surge was followed by an even stronger move, with XRP gaining approximately 48–50% in the subsequent period. If the pattern holds, the latest withdrawal spike raises the probability of a meaningful price move in May. ETF Demand Signals Institutional Appetite Institutional interest in XRP is also building through regulated products. US-listed spot XRP ETFs have posted three consecutive weeks of net inflows totaling approximately $82.88 million as of Saturday, per SoSoValue data, pushing total assets under management to $1.1 billion. The sustained inflow streak reflects growing institutional appetite for XRP exposure through compliant, regulated vehicles -- a dynamic that adds a structural demand floor beneath the current price. Whales Shift to Accumulation On-chain whale flow data from CryptoQuant adds further weight to the bullish case. The 90-day moving average of XRP Ledger whale flows has crossed back above zero after spending much of early 2026 in negative territory -- a shift from distribution to accumulation among the largest market participants. Historically, positive whale flow regimes have preceded stronger XRP price trends, including the May–July 2025 rally that marked one of XRP's strongest multi-month periods in recent memory. Wedge Setup Targets 30% Upside by June From a technical standpoint, XRP has spent the past two years inside a falling wedge defined by two downward-sloping converging trend lines. April's rebound from the wedge's lower trend line support raises the probability of a move toward the upper boundary -- a target zone aligning with the 50-week EMA and the 0.5 Fibonacci retracement level near $1.87–$1.89, approximately 30% above current levels, with June as the potential timeframe. The downside scenario carries equal clarity. A decisive break below the wedge's lower trend line would invalidate the bullish setup and shift the target to the $0.98 level, aligning with the wedge's apex and the 0.786 Fibonacci retracement -- a decline of approximately 40% from current prices.

According to a report by Iran's Mehr News Agency on the 25th, Iranian Parliament member Behnam Saeidi stated that Iran has formulated a comprehensive plan for managing the Strait of Hormuz. In an interview with Mehr News Agency, Saeidi said that a key aspect of the plan is that in all correspondence and commercial documents, only the name "Persian Gulf" will be recognized, and no other name will be accepted. Ships and vessels navigating within the area must obtain permission from Iran. Sovereignty over the Strait of Hormuz will be entirely in Iranian hands. He also stated that ships from countries deemed hostile by Iran's Supreme National Security Council or the General Staff of the Armed Forces will be prohibited from passing through the Strait of Hormuz, and Israeli ships are absolutely prohibited from passing through the area. Ships passing through the area must pay relevant fees for security, environmental protection, shipping management, and permit issuance, with payment primarily in rials. (Xinhua)

DeepSeek is reportedly opening a new round of financing due to significant talent loss, according to ChainCatcher. Several key researchers have left the company to join major firms such as ByteDance, Tencent, Xiaomi, and autonomous driving company Yuanrong Qixing. This development comes as competitors Zhizhi Technology and MiniMax have recently listed on the Hong Kong Stock Exchange, while another rival, Dark Side of the Moon, has completed three rounds of financing in the first quarter of this year, quadrupling its valuation since the end of last year.

Lending protocol Purrlend has experienced a security breach resulting in a loss of approximately $1.52 million. According to ChainCatcher, the attack targeted the MegaETH and HyperEVM networks. The attacker extracted around $1.2 million from the HyperEVM network, including 449,683 USDC, 214,125 USDT, 194,745 USDH, and some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. Additionally, approximately $324,000 was taken from the MegaETH network, involving assets such as USDT, WETH, and USDm. In response to the incident, Purrlend has suspended its protocol and initiated an investigation. The attacker's address has been identified on block explorers for both networks.

Key Takeaways Bitcoin is trading below the 21-week exponential moving average at $78,400, a level that has acted as resistance since October 2025Analyst Rekt Capital warns continued rejection at the 21-week EMA could force a retest of the Double Bottom breakout level near $73,000Trader Killa sees a "strong chance" of a $73,000 revisit and argues even a close above $80,000 may not prevent new macro lows below $60,000A bearish May scenario is flagged, with any early-month strength potentially marking a pivot high before a deeper correctionBitcoin remains on track for its best monthly close since November 2024, but the weekly trend line is keeping bulls in check heading into the weekend Bitcoin is facing a critical test heading into the weekend, with the 21-week exponential moving average sitting at $78,400 continuing to reject price attempts higher -- a level that has capped upside since October 2025 and is increasingly in focus as traders debate whether April's strong monthly gains can survive into May.   BTC/USD has traded below the 21-week EMA for the entirety of the current bear market cycle. Despite a strong April recovery that has taken Bitcoin from lows near $60,000 to the high $70,000s, bulls have so far failed to reclaim the moving average as support -- a prerequisite, analysts say, for confirming a genuine trend reversal. Rekt Capital: $73,000 Retest on the Table Trader and analyst Rekt Capital laid out the bear case clearly in an X post on Friday. "Bitcoin continues to resist from the 21-week EMA," he wrote, warning that without a decisive reclaim of the level as support, the moving average "could indeed force BTC into a post-breakout retest of the top of the Double Bottom price broke out from last week." The Double Bottom structure, which Bitcoin broke out from in the prior week, has its top boundary near the $73,000 area -- making that level the primary downside target in a rejection scenario. The 21-week EMA also forms one side of Bitcoin's bull market support band, a technical zone that historically separates bull and bear market regimes on the weekly chart. Sub-$60,000 Still on the Table Trader Killa, who has maintained a bearish outlook on Bitcoin through the April recovery, went further, arguing that even a monthly close above $80,000 may not be sufficient to prevent a deeper macro correction. "With the monthly close next week, volatility and fakeouts are likely. If May opens strong and pushes higher early in the month, there's a good chance that move could mark the pivot high before a bearish May follows," Killa wrote on X Friday. "Either way, a close above resistance does not always mean true acceptance. In a broader macro downtrend, breaks above key levels can often be used to trap late positions." Killa flagged a "strong chance" of price revisiting $73,000 and kept sub-$60,000 in play as a broader macro downside target -- a scenario that would represent a full retracement of April's gains and a retest of February cycle lows. Bulls Still Have a Case The bearish technical read sits in tension with April's fundamental backdrop. Bitcoin is on track for its best monthly performance since November 2024, up approximately 14.3% month-to-date. US spot Bitcoin ETFs have recorded nine consecutive days of inflows totaling $2.12 billion. Exchange BTC balances sit at multiyear lows, and the Bull Score Index has entered neutral territory for the first time in the current bear cycle. The monthly close, now one week away, will be the decisive data point. A weekly and monthly close above the 21-week EMA at $78,400 would shift the technical picture materially. Failure to hold above it keeps the $73,000 retest scenario firmly in play heading into what could be a volatile May.

The lending protocol Purrlend suffered an attack on the MegaETH and HyperEVM networks, resulting in a loss of approximately $1.52 million. The attackers withdrew approximately $1.2 million worth of assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT0, 194,745 USDH, and some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attackers also withdrew approximately $324,000 worth of assets from the MegaETH network, including USDT0, WETH, and USDm. Purrlend has suspended the protocol and launched an investigation; the attacker's address has been identified in the block explorers of both networks.

If a virtual currency project has specific characteristics, and given the current domestic policy of cracking down on cryptocurrency speculation, there is a significant criminal risk that it could be classified as a crime of organizing or leading pyramid schemes.

Rep. Anna Paulina Luna has accused Nancy Pelosi of engaging in insider trading, citing a reported 17,000% return on her portfolio since 1987 as implausible without access to nonpublic information. According to NS3.AI, this accusation comes amid bipartisan efforts to introduce legislation that would mandate lawmakers and their immediate family members to divest from individual stock holdings within 180 days.

PANews posted on X (formerly Twitter). Drift Protocol's product lead, Minh Don, announced on the official Discord channel that the team is working on optimizing the codebase by removing and adding minor yet impactful features. The relaunch of the forked exchange is planned for May or June this year. Previously, Drift Protocol suffered losses exceeding $285 million due to an attack.

According to Arkham data, the zkPass team's multisignature address (0xEF1) transferred a total of 10,000,000 ZKP to Binance in the past 30 minutes, worth approximately $796,100. Currently, the circulating supply of ZKP is 268 million, and this distribution represents approximately 3.73% of its total circulating supply. ZKP is currently trading at $0.07964, down 7.35% in the last 24 hours, with a current market capitalization of $21.37 million.

1. Fu Peng: Bitcoin perpetual contracts are essentially a system where large holders collect rent while retail investors pay for leveraged long positions; 2. US media: Iran is open to negotiations with the US but insists on its uranium enrichment rights; 3. Brazil bans 27 prediction market platforms including Kalshi and Polymarket; 4. Two whales withdraw a total of $4.67 million worth of LINK from Binance; 5. Zelensky: Ukraine is willing to hold peace talks with Russia in Azerbaijan if Russia is ready; 6. Researchers crack 15-bit ECC key and receive a 1-Bitcoin reward; 7. FF team address transfers $13 million worth of tokens to a new wallet; 8. a16z: Stablecoins are evolving from trading tools into core financial infrastructure, with Q1 trading volume reaching $4.5 trillion; 9. A whale used 5x leverage to go long on Brent crude oil, with a current position value of $20 million; 10. Analysis: SpaceX, OpenAI, and Anthropic IPOs may attract capital or impact [the market/influence the market]. BTC and crypto market liquidity.

Stablecoins are evolving from trading instruments into universal payment infrastructure, and this process is happening more quietly and thoroughly than most people expected.

The US-Iran ceasefire has been extended again, and BTC spot ETFs have seen net inflows for six consecutive days.

After introducing a host of new models, today's article will discuss the "surreal" phenomenon arising from the release cycle in the AI ​​industry.

Today's story is about what makes the protocol antifragile and how tokens are used as leverage to move the ecosystem.

Nvidia's market capitalization has firmly established itself above the $5 trillion mark, maintaining its position as the world's most valuable company.

The United States, Iran, stablecoins; the US freezes $344 million worth of Iranian cryptocurrencies. Golden Finance reports that the US has targeted Iran again.

Some institutions have already publicly disclosed their choice to unlock the shares immediately at a discount. The project is about to face the pressure of a massive one-time unlock; whether it can achieve explosive growth alongside the AI ​​sector hinges on this test.

Cryptocurrency market, cryptocurrency, market trends, rebuttal to Yang Haipo's "The Endgame of Cryptocurrency" - Golden Finance: This may be the real test for cryptocurrencies.

Before the World Cup, the crypto industry's biggest surprise is bound to appear in the prediction market, but it's best to see this as an exit opportunity rather than the beginning of a massive upheaval.