Category: Business

Momentum traders have flocked to RaveDAO’s [$RAVE] sharp rally, but allegations of supply control are now reshaping its interpretation.

On-chain data suggests over 95% of supply sits with a single entity, while 3.1% on Bitget and 0.34% on Gate remain likely insider-held.

This places effective control near 98%, which reframes the rally from broad demand to a tightly managed float. As price accelerates in this thin-liquidity setup, even small inflows can drive outsized gains.

However, this same structure increases fragility, as dominant holders can influence direction abruptly. Upside momentum remains visible, yet concentrated supply management drives the setup more than organic demand.

Momentum boom or controlled float illusion?

$RAVE has surged 10,000% in 30 days, yet a tightly controlled supply structure drives this move and explains its intensity.

Total supply stands near 978.8 million tokens, while only about 248 million circulate across roughly 11,669 addresses, which already limits liquidity.

Even so, that figure overstates the true float, because a single entity controls around 95% of the supply, while another 3–4% sits on exchanges in linked wallets.

This setup compresses tradable supply to very low levels, which allows price to expand rapidly on relatively small inflows.

As buyers chase momentum, market depth stays thin, so any shift in distribution can quickly reverse gains and increase downside risk.

Regulatory lag meets real-time market reaction

As on-chain findings surface, traders react quickly, yet formal enforcement remains absent, which creates a clear gap between information and action.

ZachXBT’s disclosure, alongside his $10,000 whistleblower bounty, signals rising urgency as he seeks further evidence. This response highlights growing concern while the price continues to trade without structural interruption.

The lag matters because markets adjust in real time, while oversight responds only after losses emerge. As a result, participants operate in a window where risk is known but not enforced, which keeps price discovery active.

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Final Summary

• RaveDAO’s rally reflects controlled supply dynamics, where thin liquidity amplifies gains but leaves price exposed to sharp reversals on distribution.
• $RAVE now trades in a risk window, where fast market reactions outpace enforcement, keeping price driven by structure, not regulation.

According to CoinMarketCap, there are well-known crypto projects which are trending today and place among the crypto gainers today. The list of top crypto gainers counts RaveDAO ($RAVE), DeXe ($DEXE), MemeCore ($M), JUST ($JST), Ethena ($ENA), Morpho ($MORPHO), edgeX ($EDGE), and ether.fi ($ETHFI) and Celestia ($TIA), which represent an increasing trend towards growth.

RaveDAO ($RAVE) is in the runner-up position with a 24.44% price increase and is currently trading at $23.34. It holds a volume of $336440050. The allocated figures for these projects direct a positive attraction towards these cryptocurrencies. This means that users are actively using these cryptocurrencies in daily life trading.

DeXe Surges 22% as MemeCore Follows Close Behind

DeXe ($DEXE) and MemeCore ($M), both cryptocurrencies, experienced an increase in their prices of 22.32% and 20.42%, respectively. So, DeXe ($DEXE) and MemeCore ($M) are currently trading with new prices of $14.58 and $4.48, with volumes of $41057889 and $28192469, respectively.

Moving forward, JUST ($JST) is trading at $0.07091 with a trading volume of $37271320 after a 11.23% price increase over the last 24 hours. Furthermore, Ethena ($ENA) gets 7.61% increase in the price value over the previous day, and appears with a new price of $0.1219 along with $288685967 volume. These two cryptocurrencies hold central positions in the daily gainers’ ranking.

edgeX Volume Spikes as Morpho Leads Gains

As per CoinMarketCap Data, Morpho ($MORPHO) makes an effort with the current price of $1.92 after getting an increase in the value of 4.35%, with a volume of $29146017. Coming one is edgeX ($EDGE), which trades with the new price of $1.42 after a 3.70% increase in price and holding $104889549 volume over the last day.

In the corresponding, ether.fi ($ETHFI) secures the 2nd last position in the daily gainer ranking with a 1.93% increase over the past 24H. It is currently trading in the crypto market with a volume of $52236616 and a new price of $0.4985.

Last but not least, Celestia ($TIA) has got the last position in the daily gainer ranking list, with a volume of $102794927 and getting a 1.64% increase in price over the last day. Celestia ($TIA) is trading at $0.4103. These values are noticed at the time of writing this article.

For Galaxy’s retail investment platform, enabling customers to bet on the news isn’t a priority, according to Zac Prince, head of GalaxyOne. Rather, the service that debuted in October is being built in a way that’s intended to reward investors’ patience, he told Decrypt.

Within the context of Galaxy’s broader business, Prince said the financial services and investment management firm is already in a good place as far as prediction markets are concerned, providing institutional clients with internal trading and risk management.

When it comes to consumers that GalaxyOne was built for, who have anywhere between $100,000 and $1 million in investible assets, he described prediction markets as tools that may not align with many affluent consumers for building long-term wealth.

“For individual consumers, I’m not particularly excited about it versus other things we have on our roadmap,” he said. “I haven’t been able to find a use case for someone who’s building a diversified portfolio—that they’re going to allocate to for the long term—for prediction markets.”

In some ways, the sentiment echoes commentary from Charles Schwab President and CEO Rick Wurster, who indicated this week that America’s largest discount brokerage would limit prediction-market access to wagers focused on financial events if it enters that territory.

Prince argued that there are two ways to be successful as a consumer-facing financial services offering: cater to investors who want time in the market to be the driving force, like Vanguard or Betterment, or seek customers that view themselves as active traders.

Retail brokerages like Robinhood have embraced prediction markets by working with Kalshi, providing what analysts have described as a sports-fueled tailwind. Still, Prince indicated GalaxyOne isn’t trying to develop a platform “where you want people to log in every day.”

GalaxyOne began supporting Solana staking last month, enabling individuals to earn rewards by locking up tokens and participating in the process of validating the network’s transactions. In the not-too-distant future, Prince said that GalaxyOne plans to support Ethereum staking.

Until the end of this year, the firm has waived commissions on Solana staking rewards that customers receive. Lending services that GalaxyOne plans to offer in the future will allow investors to borrow against staked Solana and Ethereum while still earning rewards.

“We’re really excited about that product,” Prince added.

Staking has enabled competitors like Coinbase to diversify revenue away from a reliance on trading fees, which tend to fluctuate alongside market conditions. The crypto exchange disclosed in February that it generated $677 million from staking in 2025, down 4% year-over-year, citing lower average crypto prices in a shareholder letter.

Currently, GalaxyOne’s customers are showing a preference for 8% returns on cash that the platform’s “premium yield” product supports, Prince said, describing the offering as among the most differentiated that the company has debuted so far.

This week, Galaxy announced that its retail investment platform was poised to begin accepting U.S. businesses and entities as customers. Prince noted that the move provides an all-in-one place for those customers to manage bank, brokerage, and crypto accounts.

“I think business accounts will get some traction because it is relatively unique,” Prince said. “For individuals, there’s other platforms that have that.”

If you thought market FUD was over, think again.

At the macro level, the situation around the U.S.–Iran ceasefire remains unclear.

While U.S. President Donald Trump confirmed that the Strait of Hormuz has reopened, triggering a risk-on move across crypto, the Iranian government disputes this, calling his statement false in an official response.

From a broader market perspective, this brings uncertainty back into focus.

The U.S. has yet to respond, but recent price action suggests sentiment is already shifting, especially after reports of $760 million in insider activity, adding fuel to another round of manipulation-driven volatility.

For context, market participants spotted investors selling a combined 7,990 lots of Brent crude futures, a roughly $760 million bet that oil prices would move lower.

More notably, this positioning came just 20 minutes before President Trump’s announcement regarding the reopening of the Strait of Hormuz.

The result? As the chart shows, oil closed the day down 5.9%, slipping back to early March levels. Following the Strait of Hormuz headlines, this $760 million position therefore appears to have been highly profitable.

Notably, as these events unfolded, the crypto market also saw a spike in volatility, with some participants pointing to another “Friday manipulation” around the news flow.

In this context, the U.S.-Iran geopolitical narrative continues to add uncertainty, with markets reacting sharply to shifting headlines and positioning.

Naturally, the question becomes, does this volatility make the recent inflows into crypto temporary?

Cooling risk appetite raises the risk of a sharp pullback in crypto

Whenever macro tensions trigger a risk-off move, crypto tends to react more to sentiment than technicals.

The Crypto Fear & Greed Index highlights this clearly. Soon after President Trump’s announcement, the index jumped 4 points to 62, marking its return to the “Greed” zone for the first time since last October’s crash.

This shift in sentiment also showed up on the charts. The total crypto market cap closed the day up 1.96%, with nearly $100 billion flowing back into the market.

As a result, major large-cap assets broke above key resistance levels, with the market now starting to price in a move toward higher resistance zones.

In this context, renewed geopolitical uncertainty couldn’t have come at a worse time.

Given crypto’s strong reliance on sentiment this cycle, the index slipping back 2 points to 60 could be an early sign of fading momentum and a potential cooling in risk appetite.

According to AMBCrypto, this is where the $760 million insider trade narrative starts to gain relevance.

From a psychological lens, it’s beginning to reinforce the idea that Iran’s response may carry more weight than President Trump’s initial claim, at least in how the market is interpreting the information.

With crypto largely driven by sentiment, the market could therefore face a growing risk of an October-style correction.

Final Summary

• Geopolitical uncertainty and shifting narratives are driving sentiment-led volatility, raising questions over whether recent crypto inflows are sustainable or temporary.
• Weakening sentiment and rising positioning risks could leave crypto vulnerable to a volatility-driven correction or liquidation cascade.

A bold $XRP price forecast is gaining traction among community members, as an analyst predicts the cryptocurrency’s next moves in the coming weeks. The expert has mapped out an aggressive roadmap tied to a sequence of upcoming events, including the launch of X Money, which he expects could potentially drive $XRP’s price toward $10. The projections also point to a much larger breakout phase, fueled by highly anticipated developments that could redefine the digital asset’s market position.

X Money Projected To Drive $XRP Price To $10

Crypto market expert The Real Remi Relief has released an incredibly bullish outlook for $XRP, sharing his personal playbook for the cryptocurrency in the next few weeks. His forecast, delivered on X, links several upcoming developments to major price increases, suggesting that each milestone could push $XRP into dramatically higher trading ranges.

In his post, the first catalyst The Real Remi Relief highlighted is the launch of X Money, a developing financial ecosystem associated with Elon Musk’s X social media platform. According to the analyst’s outlook, if the platform rolls out within the next one to two weeks and generates demand for crypto payment assets, the $XRP price could skyrocket to a range between $5 and $10.

Notably, X Money has already become a major topic of discussion in broader fintech and crypto circles due to Musk’s long-term ambition to turn the platform into a full financial hub. While official launch details remain limited, recent updates on its features suggest that the system could allow users to facilitate crypto payments and enable transfers between creators, merchants, and users within the X app.

These reports have naturally fueled speculation in the crypto space, especially around whether digital assets like $XRP or Dogecoin could eventually be integrated into X Money. Although no confirmed link has been established between $XRP and the payment platform, the cryptocurrency continues to appear in discussions due to its ability to deliver fast and low-cost cross-border settlements. Some analysts also suggest that the hype and infrastructure overlap from X Money could drive the $XRP price higher.

Other Catalysts That Could Boost $XRP’s Value

In his post, The Real Remi Relief highlighted a second catalyst, pointing to a macroeconomic event known as the Reserve Carry Trade (RCT). This event involves rising oil prices and ongoing tensions in the Middle East, which could pressure Japan to raise interest rates to support the yen.

If this happens, investors who had been borrowing cheap yen may be forced to redirect capital into liquid, high-potential assets like $XRP. The analyst’s projection suggests that this shift in global capital could flow heavily into $XRP, potentially triggering a price surge to $50-$150.

Concluding his forecast, the market expert believes that the upcoming CLARITY Act could ignite a massive price surge for $XRP. He has projected a parabolic move toward $1,200 and $1,700, effectively launching $XRP’s market value into the quadruple-digit territory.

Featured image from X/@MarioNawfal, chart from TradingView

• Uniswap price fell below $3.40 after an early rebound faded.
• $UNI spot flows stayed slightly negative, with the latest reading at negative.
• Technical analysis shows $UNI price still trading in a downtrend despite short-lived rebounds.

During today’s Asian trading session, Uniswap’s price opened at $3.49. This price did not hold for long, as a dip followed, reducing the weekly gains. This movement has raised questions about the potential price targets that will follow next.

Uniswap Price Slips to $3.39

According to CoinMarketCap data at the time of press, Uniswap price traded at $3.39, recording a 1.1% decline over the past 24 hours. Price started near the $3.44 area and slipped briefly before recovering into a stronger upward stretch. That rebound carried $UNI above $3.50 and later pushed it toward the session high near $3.57.

After reaching that peak, the upward move lost strength, and the Uniswap-3.13% price began to ease lower. $UNI then moved through a gradual decline, with repeated lower highs forming across the middle part of the session. The price later settled around the $3.45 zone and traded in a tighter range for several hours.

That stability did not hold into the final stretch. $UNI fell again and moved below the earlier consolidation band, ending near the session’s lower area. The latest decline pulled the price under $3.40 as weakness returned late in the period. Market capitalization stood at $2.16 billion, while 24-hour volume reached $248.72 million. Uniswap price recorded an early rebound, a mid-session fade, and a sharper late pullback.

$UNI Spot Flows Stay Negative as Recent Exchange Activity Remains Muted

As prices lean on the downward side, on-chain data shows limited activity as $UNI spot flows remained negative, showing withdrawals. Recent flow activity showed smaller daily changes than earlier periods. Strong inflow surges and deep outflow swings appeared less often across the latest stretch. Instead, $UNI-3.13% recorded a pattern with limited direction.

A few positive flow sessions appeared during February and March, but they did not hold for long. Each upward move gave way to renewed withdrawals in the sessions that followed. That sequence kept the broader recent trend tilted to the negative side.

The latest action, therefore, reflects restrained exchange activity rather than a sharp positioning shift. Netflows stayed narrow, and the most recent session ended in mild negative territory. $UNI’s recent flow pattern pointed to continued caution in the short term.

Can $UNI Break Free as Bearish Pressure Keeps Recovery Attempts in Check?

According to TradingView technical analysis, Uniswap has remained in a downtrend despite short-lived rebounds during recent weeks. Recent price action stayed compressed near the lower end of its multi-month range after repeated failed recovery attempts. The market recorded several bearish displacement events earlier, and follow-through kept pushing trading into lower zones.

A brief recovery phase appeared around March, but that move failed to build a durable trend reversal. Instead, price lost momentum again and returned to the lower cluster, where recent sessions have concentrated. That behavior showed weakness, even as downside slowed compared with the declines seen earlier.

Recent candles also interacted with prior reclaim areas, yet those interactions did not produce sustained upside continuation. The latest bearish displacement zone remains active, and the price stays beneath the nearby recovery area. That placement has kept near-term structure tilted lower, while trend pressure remains unresolved.

Still, the market has stopped posting aggressive breakdowns and has begun moving sideways within a tight lower band. That shift marked consolidation rather than confirmed strength, because each rebound stalled before reclaiming higher ground. For now, Uniswap trades with muted recovery energy, pressure, and a bearish structure.

A noteworthy on-chain development has emerged regarding billionaire investor Tim Draper, known for his long-term bullish outlook on Bitcoin. Following his previous optimistic statements, it is alleged that a sell transaction was carried out from a wallet believed to be linked to him.

According to data from the on-chain analytics platform Onchain Lens, a wallet associated with Draper transferred 150.84 BTC, which it had held for approximately a year, to a centralized exchange (likely Coinbase). The total value of this transaction is estimated at approximately $11.62 million, but it is claimed that the transfer resulted in a loss of approximately $2.57 million.

The transfer is being closely watched by market participants because it comes shortly after Draper’s $250,000 price prediction for Bitcoin. However, while there is no official confirmation as to whether the transfer was directly for sale purposes, it is known that moving assets to an exchange is generally considered a pre-sale step.

Known for his early-stage investments, Draper has previously invested in many large projects such as Tesla, Skype, Coinbase, Ledger, and Tezos.

*This is not investment advice.

BitGo announced that AndX USA LLC has launched its US crypto exchange 2026 entry on top of BitGo’s Crypto-as-a-Service infrastructure, giving the global digital asset platform nationwide operations across all 50 states under an OCC-regulated custody framework backed by $250 million in insurance coverage.

The US crypto exchange 2026 market is increasingly being built not by companies constructing their own custody and compliance systems from the ground up but by platforms that integrate existing regulated infrastructure through API-driven partnerships. The AndX and BitGo launch is the clearest recent example of that model working at scale.

BitGo’s Crypto-as-a-Service offering provides the technical and regulatory foundation: OCC-regulated custody, transaction monitoring, transfer workflows, and compliance architecture, all delivered through configurable APIs and webhooks. AndX plugs into that stack and focuses its engineering resources on the trading interface, AI-powered tools, and market-facing features that differentiate it with users.

“Crypto platforms shouldn’t have to choose between speed to market and institutional-grade safeguards,” said Frank Wang, BitGo’s managing director and head of fintech. “BitGo’s Crypto-as-a-Service enables partners like AndX to launch and scale secure trading experiences on top of a regulated infrastructure foundation, with API-driven systems designed for reliability, control, and compliance.”

Building a compliant US crypto exchange from scratch requires obtaining money transmission licenses in 46 or more states, navigating a BitLicense application in New York, establishing custody arrangements, hiring compliance and AML staff, and building or procuring surveillance systems, all before a single user trade. For a platform entering the US from an international base, the timeline typically runs 18 to 36 months and requires significant capital.

BitGo’s CaaS model compresses that to the time required for API integration and contract negotiation. BitGo Bank and Trust already holds the regulatory authorizations. Custody insurance of $250 million covers BitGo’s own holdings across the infrastructure, reducing counterparty risk for platform partners. The model has grown alongside the expansion of the US spot ETF market and the incoming CLARITY Act framework, which together are raising the floor of what institutional-grade crypto infrastructure must look like.

What AndX Brings as a Product

AndX describes itself as an AI-native Web3 financial platform combining multi-asset trading, tokenization, cross-border payments, real-time financial intelligence, and what it calls a gamified participation layer into a single ecosystem. It has existing user bases in Turkey, the UAE, India, Brazil, the Philippines, and South Africa.

Raparthi said the company’s goal is to “expand access to financial markets while maintaining the highest standards of security and trust,” framing the BitGo partnership as the mechanism that makes that possible in the US regulatory environment.

Where It Fits in the Market Structure

The AndX launch is one of several moves this week that underscore the consolidation of regulated infrastructure as the competitive moat in the US crypto exchange market. Payward’s acquisition of Bitnomial for up to $550 million this week similarly centered on regulatory licensing and clearing infrastructure rather than user acquisition. As the CLARITY Act moves toward markup, the platforms that arrive at that legislative moment with OCC, CFTC, and state-level regulatory coverage will be structurally advantaged over those that do not, which is exactly what partnerships like AndX and BitGo are designed to provide before the regulatory deadlines arrive.