Kategorie: Crypto Markets

• XRP rose above $1.40 as Bitcoin surpassed $81,000.
• A 23% surge in daily trading volume suggests sellers are active.
• The CLARITY Act, ETF inflows, and regulated exposure are likely to aid bulls further.

XRP trades near the $1.40 resistance level, with recent upward momentum pushing the cryptocurrency above a key level amid overall market enthusiasm.

While the uptick has stalled following Bitcoin’s breakout to above $81,000 and slight retreat, a pause could act as a base for fresh consolidation before XRP ticks up.

The Ripple-linked asset looked to have shrugged off news that a key insider trimmed their holdings in favour of the Ripple stock.

XRP price today

XRP is trading near the $1.40 resistance, with price action stalling at the level after the latest push higher amid Bitcoin’s spike to above $81,000.

The Ripple-linked cryptocurrency could eye an upside extension. However, it also risks a pullback on potential profit-taking across the market.

A 23% increase in daily volume suggests that sellers are active, with bulls now in need of a decisive breakout to retain control.

Ripple CTO trimmed XRP holdings

Ripple’s Chief Technology Officer Emeritus, David Schwartz, has publicly admitted he holds little XRP, saying he has moved most of his assets away from crypto exposure.

He revealed this via X, noting he recognizes crypto offers “a once-in-a-generation” wealth opportunity. However, Schwartz says he is choosing peace of mind over the potential windfall that crypto promises.

In this case, he has decided to buy Ripple stock for exposure to the company’s fortunes without worrying about the massive volatility characterizing cryptocurrencies.

“I don’t have that much left anymore. I’ve tried to get most of my assets (other than Ripple stock) away from crypto exposure. As I’ve said, I really don’t like risk even though pretty much every risk I’ve taken has worked out amazingly well for me,” he noted.

XRP price outlook

The technical picture for XRP shows that the price continues to grind sideways, currently above the middle of the channel range formed since the February 2026 lows. Buyers have typically absorbed supply at $1.35 in recent weeks, with further support around $1.30.

Despite seller participation remaining steady, bulls could be positioning for a breakout above $1.50.

Meanwhile, the upsloping RSI at 52 on the daily chart supports this outlook. The daily RSI, sloping upward at 52, bolsters this view, indicating building momentum without overbought conditions.

External catalysts like the CLARITY Act, growing ETF inflows, and expanding regulated access further empower bulls.

Notably, Russia’s Moscow Exchange (MOEX) will launch four new crypto indexes next week.

Going live on May 13 are indexes for XRP, Solana (SOL), Tron (TRX), and Binance Coin (BNB). MOEX is looking to enhance institutional visibility and liquidity.

The post XRP holds near $1.40, but can bulls take control amid a BTC uptick? appeared first on CoinJournal.

• Kresus and Canton aim to accelerate institutional blockchain deployment.
• Focus shifts from pilot projects to full-scale production systems.
• Hanwha partnership targets tokenized private market assets.

Kresus and the Canton Network are joining forces to push institutional blockchain use beyond the pilot stage and into production, in a collaboration aimed at making deployment easier for enterprises and financial firms.

Announced Monday in San Francisco, the effort centers on a familiar challenge in digital assets: many institutions have explored blockchain through proofs of concept, but far fewer have moved live systems into full operation.

Kresus says the new collaboration will help organizations design, build and deploy blockchain applications “from first integration to full-scale launch,” combining its implementation capabilities with Canton’s institutional-grade infrastructure.

The companies said they are already working on several projects, with additional developments expected in the coming months.

Focus shifts from experimentation to execution

The collaboration is built around a practical problem that has slowed institutional blockchain adoption: implementation.

According to the companies, the aim is to reduce friction for enterprises and organizations that want to move from strategy to deployment.

That means helping clients navigate the technical and operational demands of production-grade blockchain systems rather than stopping at trials.

Kresus said the arrangement is designed to support institutions across industries, not just financial firms, as they look to deploy live blockchain solutions.

Canton’s infrastructure is positioned as the foundation for that effort, while Kresus brings delivery capabilities intended to bridge the gap between planning and production.

Hanwha partnership highlights real-world asset push

Kresus said it is already working with leading global financial institutions to bring next-generation blockchain applications into production on Canton.

One of those efforts is its partnership with Hanwha Investment & Securities, which is aimed at supporting the development of a tokenized digital asset platform focused on private market assets.

The platform is expected to enable the issuance, management and distribution of tokenized financial instruments aligned with real-world asset, or RWA, use cases.

That places the project squarely in one of the most closely watched areas in digital finance, where institutions are testing how traditional assets can be represented and managed on blockchain infrastructure.

Kresus also said it is bringing its core product stack to the Canton ecosystem. That includes enterprise-grade wallet infrastructure, tokenization systems and its secure middleware layer, KITE.

The company said these tools are designed to integrate into existing financial environments and support production deployments across payments, tokenized assets and digital asset management.

Institutional infrastructure remains the central pitch

The strategic message from both companies is clear: institutions need systems that are secure, reliable and scalable before blockchain can reach broader adoption.

“Financial institutions are moving beyond trials and toward actual blockchain applications,” Trevor Traina, founder and CEO of Kresus said.

The CEO added:

Success in regulated markets requires more than technology; it requires the ability to design, build, and deliver systems that meet real-world requirements. Kresus works directly with clients to bring these applications into production on Canton.

“Institutions need secure, reliable, and scalable systems to advance digital asset adoption,” Yuval Rooz, CEO of Digital Asset and co-founder of Canton said.

Through this collaboration, we are combining Canton’s institutional-grade blockchain with Kresus’ ability to implement production-ready applications that meet the needs of financial institutions.

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• Ondo price hovers around $0.26 after bouncing off crucial support.
• Ondo leads tokenized stocks, ETFs with over $825M TVL peak.
• Failure to hold support could see ONDO dip to $0.20.

Ondo (ONDO) is trading near a critical psychological support zone, with intraday action including a retest of resistance above $0.26.

The token is poised at these levels as on‑chain activity around tokenized stocks and exchange-traded funds (ETFs) attracts institutional and retail capital.

However, with prices pegged in a narrow range below $0.30 since early February, could the broader real‑world asset (RWA) sector growth buoy ONDO?

Ondo Finance powers access to tokenized stocks and ETFs

Ondo Finance has emerged as one of the largest platforms for tokenized stocks and ETFs.

Currently, it accounts for over half of the sector’s total market by value, with RWA‑focused analytics trackers showing the protocol hitting over $825 million in total value locked (TVL) at peak.

The traction cuts across more than 250 tokenized US stocks and ETFs, including blue‑chip names such as NVDA, AAPL, and major ETFs like SPY and QQQ.

These assets are now available across Solana, Ethereum, and BNB Chain, giving holders cross‑chain exposure and liquidity via major wallets, exchanges, custodians, and protocols such as Binance, Bitget, MetaMask, Ledger, and Blockchain.com.

In a bid to deepen maturity, Ondo recently announced a collaboration with Broadridge.

The aim is to enable holders of over 250 tokenized stocks and ETFs to participate in proxy voting and receive regulatory filings and issuer communications related to these securities.

Separately, more than 260 Ondo‑backed tokenized products are now listed on the KuCoin Web3 Wallet, signaling growing integration into mainstream crypto infrastructure.

Despite this momentum, ONDO’s price has remained subdued, raising questions about the lag between protocol‑level growth and token‑price performance.

ONDO price technical analysis: can bulls reclaim $0.30?

From a technical standpoint, ONDO is currently navigating a short‑term bearish backdrop as the price consolidates near $0.26.

The daily chart shows the relative strength index (RSI) in a neutral zone, suggesting neither extreme overbought nor oversold conditions, while the MACD signal line remains negative, underscoring underlying bearish momentum.

Key support clusters lie around $0.24-$0.26, a decisive zone for both bulls and bears.

If price breaks lower, it could open the path toward $0.20, whereas a sustained hold above $0.26 may invite a retest of the recent range high near $0.27–$0.28.

The key target for bulls will be a fresh run to $0.30, a level last seen in mid-February.

On the weekly timeframe, RSI is drifting toward oversold territory, and price is trading below key exponential moving averages (EMAs).

This hints at exhaustion but also suggests bulls need a clear breakout above resistance to shift the overall bias.

The post Ondo price forecast: bulls target multi-month resistance at $0.30 appeared first on CoinJournal.

• An OG Shiba Inu whale sold 800 billion SHIB for $4.9 million.
• SHIB held $0.0000060 support, trading near $0.0000063.
• If buyers absorb selling pressure further, SHIB could revisit $0.0000075 resistance.

Shiba Inu (SHIB) price is showing resilience around $0.0000063, with bulls holding near a critical support level despite a major sell-off by a whale.

The memecoin’s slight dip and intraday rebound come as cryptocurrencies navigate broader market headwinds. SHIB’s daily performance also saw a 17% spike in trading volume, which stood at $170 million as of Thursday.

OG Whale sells 800 billion SHIB for $4.9 million

Dogecoin dominated memecoin headlines this week as a double-digit bounce pushed the DOGE token above $0.10. The gains were also reflected in peers like Shiba Inu, with SHIB rising to highs of $0.0000065.

On April 29, Bitcoin fell below $75,000 following the Fed’s interest rate decision.

DOGE slipped below the psychological level, while SHIB declined to $0.0000060.

The dip coincided with a pivotal transaction from one of Shiba Inu’s original whales, who initially acquired 103.33 trillion SHIB tokens in 2020 for just $13,760.

The purchase represented 16.84% of the token’s total supply at launch.

On April 30, 2026, the wallet offloaded 800 billion SHIB, netting roughly $4.9 million.

This sale forms part of a broader divestment strategy: in recent years, the whale has liquidated 4.06 trillion SHIB, generating $37.6 million in proceeds.

Notably, the address still holds 99.27 trillion SHIB, currently valued at about $625.41 million.

 

An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB($4.9M) today.

This OG spent only $13,760 to buy 103.33T $SHIB, sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB($625.41M) — 16.84% of the… pic.twitter.com/F0bB0VP5t0

— Lookonchain (@lookonchain) April 30, 2026

Such moves by early holders often signal profit-taking after prolonged appreciation, typically putting pressure on prices. However, SHIB’s resilience above $0.0000060 suggests buyers are stepping in on dips.

Shiba Inu price forecast

SHIB’s price trajectory reflects mixed signals amid recent market swings.

Over the past week, the token posted modest gains as rival memecoin Dogecoin surged past $0.10, supported by renewed retail enthusiasm.

However, the past 24 hours have brought renewed pressure, with SHIB dipping slightly after Bitcoin retreated following the Federal Reserve’s April 29, 2026, policy announcement.

The Fed’s decision to hold rates steady added to uncertainty, triggering a broader crypto sell-off, with rising oil prices adding to the pressure.

SHIB has held firm at its key support in the $0.0000060–$0.0000063 range, as accumulation absorbs much of the selling pressure.

If buyers maintain momentum, bulls could target resistance at $0.0000075.

A breakout above this level could open the door to $0.000008, particularly if Bitcoin rebounds.

Currently, the RSI and MACD on the daily chart suggest potential upside momentum.

On the downside, failure to hold support could see SHIB test $0.0000058.

With overall market sentiment still fragile, SHIB’s direction will depend on sustained buying interest and broader macroeconomic cues.

 

The post Shiba Inu price holds key support despite whale selling 800B SHIB appeared first on CoinJournal.

• Nexo adds SOL, XRP to its 0% APR crypto-backed credit product.
• ZiC lets users borrow at 0% interest with no liquidation risk.
• Over 30% of Nexo loans now use non-BTC, ETH collateral.

Nexo has expanded its Zero-interest Credit (ZiC) offering to include Solana (SOL) and Ripple (XRP) as eligible collateral, marking what it says is an industry first for zero-interest, no-liquidation lending backed by these assets.

The move broadens access to interest-free borrowing beyond Bitcoin (BTC) and Ethereum (ETH), which previously dominated the platform’s collateral base.

The announcement comes as crypto-backed lending continues to evolve, with platforms seeking to attract a wider investor base by offering more flexible borrowing structures tied to digital assets.

Expansion beyond Bitcoin and Ethereum

Nexo said the addition of SOL and XRP reflects shifting collateral trends on its platform.

While Bitcoin and Ethereum still account for around 70% of total collateral volume—closely mirroring their broader market dominance—more than 30% of loans are now backed by alternative crypto assets.

SOL and XRP lead this segment, prompting the platform to extend its flagship ZiC product to these tokens.

The company said the move allows a broader group of users to access liquidity without selling their holdings.

“Nexo has always believed in being where the market is going, not where it already is. Zero-interest Credit set a new standard for Bitcoin and Ethereum holders, and expanding it to Solana and Ripple is the logical next step, one we are taking before anyone else,” said Elitsa Taskova, Chief Product Officer at Nexo.

How the zero-interest credit product works

ZiC enables users to borrow stablecoins at 0% APR over a fixed term, with no risk of forced liquidation during the loan period.

The structure includes predefined repayment terms visible at the outset, offering greater predictability compared to traditional crypto lending products.

For SOL and XRP-backed loans, ZiC operates at a 30% loan-to-value (LTV) ratio, with minimum collateral requirements set at 100 SOL or 5,000 XRP.

The core proposition remains unchanged: users can unlock liquidity while maintaining exposure to their crypto holdings.

The product has already seen notable traction. Nexo reported more than $170 million in total loan volume through ZiC, alongside a 66% borrower renewal rate and an average of four renewals per user.

More than half of the borrowed funds remain on the platform, indicating that users are leveraging liquidity while staying invested.

Growing relevance of crypto-backed lending

The expansion comes amid increasing recognition of crypto-collateralized financing in traditional financial systems.

In March 2026, US mortgage agency Fannie Mae began accepting crypto-backed mortgages, allowing borrowers to pledge Bitcoin without liquidating their assets.

Nexo positioned its ZiC offering within this broader trend, emphasizing demand for liquidity solutions that do not require asset sales.

The company said extending the product to SOL and XRP aligns with growing diversification in crypto portfolios and evolving borrower preferences.

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