XRP At Triangle Apex With Shorts Getting Squeezed

XRP is grinding higher at $1.4268 pressing against the apex of a symmetrical triangle that has been compressing since February’s $1.13 lows. Volume surged 27.50% to $3.94 billion as serious capital rotates in.

Open Interest sits at $2.61 billion while the Binance Long/Short ratio reads 2.2637, meaning longs outnumber shorts significantly across both retail and top trader accounts.

The 24-hour liquidation data shows $2.96 million shorts liquidated versus $1.61 million longs. Shorts are getting squeezed as price pushes higher, building a bullish liquidation cascade quietly.

Supertrend at $1.3150 and SAR at $1.3471 both sit comfortably below…

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Here are the earnings estimates, what analysts are saying ahead of the report and the key items to watch.

• Coinbase Global stock is showing downward pressure. Where is COIN stock headed?

Coinbase Q1 Earnings Estimates

Analysts expect Coinbase to report first-quarter revenue of $1.50 billion, down from $2.03 billion in last year’s first quarter, according to data from Benzinga Pro.

The company has missed analyst estimates for revenue in four of the last six quarters, while beating estimates in six of the last 10 quarters overall.

Analysts expect Coinbase to report 26 cents per share in earnings for the first quarter, down from $1.94 per share in last year’s first quarter.

The company…

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Galaxy Digital CEO Mike Novogratz put 70% odds on the CLARITY Act passing and said Bitcoin (CRYPTO: BTC) needs to break $84,000 to trigger a move to $100,000.

CLARITY Act Momentum Building

Novogratz explained that Republicans need to get the bill done because they campaigned on it. Sen. Thom Tillis (R-SC) was holding things up around banking issues and Trump ethics provisions, but appears ready to let those go to committee.

“There’s still some work to do on the Democratic side,” Novogratz noted. He plans to fly to Washington next week to meet with senators and make the case that America needs the legislation.

Novogratz framed the CLARITY Act as essential for selling American brands…

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XRP (CRYPTO: XRP) is up 5% in a week, and traders point to strengthening momentum and a possible larger move ahead.

Momentum Signals Strength

Trader Cryptoinsightuk said XRP is forming a strong base around $1.40 on the weekly chart, a level viewed as highly bullish.

Momentum indicators are supporting this outlook, with both the Relative Strength Index (RSI) and Moving Average Convergence Divergence showing bullish crossovers.

The setup suggests a reversal from previously weak momentum, with price stabilizing at a former resistance level that is now acting as support.

This shift could lead to a sharp …

Full story available on Benzinga.com

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Dogwifhat (CRYPTO: WIF) has surged more than 25% after South Korea’s largest crypto exchange Upbit announced a token listing.

Upbit Opens WIF To Korean Market

Upbit revealed plans to list dogwifhat on May 6, sparking massive reactions within the crypto community. 

The token is now available for trading in KRW, BTC, and USDT pairs, opening it to a massive new audience in one of the world’s most active crypto markets.

Users can start trading WIF at 16:00 KST today.

The Solana (CRYPTO: SOL)-based meme coin inspired by a viral image of a Shiba Inu wearing a pink knitted hat is now accessible to millions of Korean traders.

Upbit pointed out that deposits and withdrawals are supported only on…

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Hyperliquidity, Not Typical Equity Behaviour

In a May 6 post, Park said Strategy can handle roughly $1 billion in options notional in a single day across just a few trades.

He noted that the company is becoming more transparent about potentially selling Bitcoin from its balance sheet to pursue relative-value trading opportunities.

This marks a more pragmatic and flexible approach to capital management compared with earlier communications.

Strategy’s structured instrument, STRC, is still considered to be in its early stages despite already reaching multibillion-dollar scale.

Its long-term growth is expected to depend on Bitcoin’s performance and investor demand for BTC-linked yield and…

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Stablecoins are no longer a side conversation in digital finance. With transaction volumes rising, regulators moving faster and major institutions building around blockchain-based settlement, the question for investors is now where the pressure lands first.

In this exclusive interview with the Champions Speakers Agency, Guarda discusses why stablecoins are becoming part of mainstream financial infrastructure, which sectors face the most disruption, and why regulatory clarity around the GENIUS Act and CLARITY Act could shape the next phase of institutional digital asset adoption.

Q1. Stablecoins are moving closer to mainstream payments and financial infrastructure. Which sectors are most… Read more on Benzinga

Ripple CEO Brad Garlinghouse sees the crypto industry entering a critical policy window in the U.S., even as markets show strength, with Bitcoin (CRYPTO: BTC) trading above $80,000.

Key Legislative Window Narrowing

Speaking at Consensus Miami 2026, Garlinghouse said the weeks of May 11, and May 18 could be decisive for advancing federal cryptocurrency legislation.

He warned that if momentum stalls in the Senate Banking Committee, the probability of passing a comprehensive crypto bill could decline sharply.

In that case, regulatory progress may be delayed further as political attention shifts toward the upcoming election cycle.

Garlinghouse said bipartisan efforts are still underway to…

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