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New intelligence suggests Israel is preparing possible strike on Iranian nuclear facilities, US officials say.
The US has obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as the Trump administration has been pursuing a diplomatic deal with Tehran, multiple US officials familiar with the latest intelligence told CNN.
Such a strike would be a brazen break with President Donald Trump, US officials said. It could also risk tipping off a broader regional conflict in the Middle East — something the US has sought to avoid since the war in Gaza inflamed tensions beginning in 2023.
Officials caution it’s not clear that Israeli leaders have made a final decision, and that in fact, there is deep disagreement within the US government about the likelihood that Israel will ultimately act. Whether and how Israel strikes will likely depend on what it thinks of the US negotiations with Tehran over its nuclear program.
But “the chance of an Israeli strike on an Iranian nuclear facility has gone up significantly in recent months,” said another person familiar with US intelligence on the issue. “And the prospect of a Trump-negotiated US-Iran deal that doesn’t remove all of Iran’s uranium makes the chance of a strike more likely.”
The heightened worries stem not only from public and private messaging from senior Israeli officials that it is considering such a move, but also from intercepted Israeli communications and observations of Israeli military movements that could suggest an imminent strike, multiple sources familiar with the intelligence said.
Among the military preparations the US has observed are the movement of air munitions and the completion of an air exercise, two of the sources said.
But those same indicators could also simply be Israel trying to pressure Iran to abandon key tenets of its nuclear program by signaling the consequences if it doesn’t — underscoring the ever-shifting complexities the White House is navigating.
The US has obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as the Trump administration has been pursuing a diplomatic deal with Tehran, multiple US officials familiar with the latest intelligence told CNN.
Such a strike would be a brazen break with President Donald Trump, US officials said. It could also risk tipping off a broader regional conflict in the Middle East — something the US has sought to avoid since the war in Gaza inflamed tensions beginning in 2023.
Officials caution it’s not clear that Israeli leaders have made a final decision, and that in fact, there is deep disagreement within the US government about the likelihood that Israel will ultimately act. Whether and how Israel strikes will likely depend on what it thinks of the US negotiations with Tehran over its nuclear program.
But “the chance of an Israeli strike on an Iranian nuclear facility has gone up significantly in recent months,” said another person familiar with US intelligence on the issue. “And the prospect of a Trump-negotiated US-Iran deal that doesn’t remove all of Iran’s uranium makes the chance of a strike more likely.”
The heightened worries stem not only from public and private messaging from senior Israeli officials that it is considering such a move, but also from intercepted Israeli communications and observations of Israeli military movements that could suggest an imminent strike, multiple sources familiar with the intelligence said.
Among the military preparations the US has observed are the movement of air munitions and the completion of an air exercise, two of the sources said.
But those same indicators could also simply be Israel trying to pressure Iran to abandon key tenets of its nuclear program by signaling the consequences if it doesn’t — underscoring the ever-shifting complexities the White House is navigating.
#BinancePizza Binance Square: Create a Post with #BinancePizza to Unlock a Share of 6,000 USDC.
As part of Binance’s Pizza Day celebrations, Binance Square is pleased to introduce a new promotion where users can complete simple tasks to unlock a share of 6,000 USDC token vouchers.
Activity Period: 2025-05-15 12:00 (UTC) to 2025-05-28 23:59 (UTC)
Promotion A: New Square Users Only - Complete Tasks to Unlock 50 Binance Points and Share 5,000 USDC in Token Vouchers
New Square users can unlock 50 Binance Points and a share of 5,000 USDC when they create their first post on Binance Square!
Eligible users who have never created a post on Binance Square before 2025-05-15 12:00 (UTC) can participate in this Promotion to unlock rewards.
Complete the following tasks during the Activity Period to equally share 5,000 USDC token vouchers, capped at 5 USDC per participant.
Set up your Square profile (i.e., bio, username, profile picture)
Follow 5 creators and gain 5 followers
Comment, like, and share 5 posts on Square
Create your first post on Square to claim 50 points in the Task Center
Promotion B: All Square Users - Create a Post with #BinancePizza to Share 1,000 USDC
In the spirit of Bitcoin Pizza Day, where we celebrate the first-ever real-world transaction in crypto, both new and existing Square users may create a post on Binance Square with the hashtag #BinancePizza and the trade sharing widget to share with us any trade you make during the Activity Period.
All eligible users who create an eligible post will share the 1,000 USDC token voucher rewards pool equally, capped at 5 USDC in token voucher per participant.
Please Note: Only Square posts that contain at least 100 characters and have at least 5 engagements (including likes, shares, comments, and reposts) will count as eligible posts in Promotion A and/or Promotion B.
As part of Binance’s Pizza Day celebrations, Binance Square is pleased to introduce a new promotion where users can complete simple tasks to unlock a share of 6,000 USDC token vouchers.
Activity Period: 2025-05-15 12:00 (UTC) to 2025-05-28 23:59 (UTC)
Promotion A: New Square Users Only - Complete Tasks to Unlock 50 Binance Points and Share 5,000 USDC in Token Vouchers
New Square users can unlock 50 Binance Points and a share of 5,000 USDC when they create their first post on Binance Square!
Eligible users who have never created a post on Binance Square before 2025-05-15 12:00 (UTC) can participate in this Promotion to unlock rewards.
Complete the following tasks during the Activity Period to equally share 5,000 USDC token vouchers, capped at 5 USDC per participant.
Set up your Square profile (i.e., bio, username, profile picture)
Follow 5 creators and gain 5 followers
Comment, like, and share 5 posts on Square
Create your first post on Square to claim 50 points in the Task Center
Promotion B: All Square Users - Create a Post with #BinancePizza to Share 1,000 USDC
In the spirit of Bitcoin Pizza Day, where we celebrate the first-ever real-world transaction in crypto, both new and existing Square users may create a post on Binance Square with the hashtag #BinancePizza and the trade sharing widget to share with us any trade you make during the Activity Period.
All eligible users who create an eligible post will share the 1,000 USDC token voucher rewards pool equally, capped at 5 USDC in token voucher per participant.
Please Note: Only Square posts that contain at least 100 characters and have at least 5 engagements (including likes, shares, comments, and reposts) will count as eligible posts in Promotion A and/or Promotion B.
XRP
Cumulative PNL
+1.31
+4.00%
XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited.
XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone.
The price is now trading above $2.350 and the 100-hourly Simple Moving Average.
There is a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start another decline if it stays below the $2.450 resistance.
XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin and Ethereum. There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone.
A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair.
The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80.
Another Decline?
If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level.
If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone.
XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone.
The price is now trading above $2.350 and the 100-hourly Simple Moving Average.
There is a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start another decline if it stays below the $2.450 resistance.
XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin and Ethereum. There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone.
A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair.
The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80.
Another Decline?
If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level.
If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone.
SEC Chair Unleases Plan to Merge Crypto and Securities Under One Roof
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation.
SEC Chair Declares New Crypto Era With Push for Unified Market Rules
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, addressing the SEC Speaks conference on May 19, delivered a sweeping critique of the agency’s past approach to crypto and digital asset markets and laid out a new direction focused on transparency, engagement, and regulatory modernization. Atkins stated that the SEC had failed to keep pace with innovation and too often responded with enforcement rather than guidance. He recounted how crypto market participants were invited to meetings only to later receive subpoenas, describing this as a deterrent to open dialogue and progress.
Atkins announced that the SEC is shifting gears, stating:
It is a new day at the SEC. While I have directed Commission staff across our policy Divisions to begin drafting rule proposals related to crypto, the staff continue to ‘clear the brush’ through staff-level statements.
These interim statements, he said, are intended to help fill the regulatory gap while formal rules are developed. Although such staff communications are not binding, Atkins explained their importance: “While the views of the staff are not rules or regulations of the Commission, they can provide useful insights for the public. Ultimately, the Commission is, of course, responsible and must itself squarely address these issues to ensure that the public has clear rules of the road.”
Looking toward structural reforms, Atkins proposed a significant operational shift that would allow registered entities to manage both securities and non-securities within a unified regulatory framework.
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation.
SEC Chair Declares New Crypto Era With Push for Unified Market Rules
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, addressing the SEC Speaks conference on May 19, delivered a sweeping critique of the agency’s past approach to crypto and digital asset markets and laid out a new direction focused on transparency, engagement, and regulatory modernization. Atkins stated that the SEC had failed to keep pace with innovation and too often responded with enforcement rather than guidance. He recounted how crypto market participants were invited to meetings only to later receive subpoenas, describing this as a deterrent to open dialogue and progress.
Atkins announced that the SEC is shifting gears, stating:
It is a new day at the SEC. While I have directed Commission staff across our policy Divisions to begin drafting rule proposals related to crypto, the staff continue to ‘clear the brush’ through staff-level statements.
These interim statements, he said, are intended to help fill the regulatory gap while formal rules are developed. Although such staff communications are not binding, Atkins explained their importance: “While the views of the staff are not rules or regulations of the Commission, they can provide useful insights for the public. Ultimately, the Commission is, of course, responsible and must itself squarely address these issues to ensure that the public has clear rules of the road.”
Looking toward structural reforms, Atkins proposed a significant operational shift that would allow registered entities to manage both securities and non-securities within a unified regulatory framework.
XRP faces downside risks above the 50-day EMA.
XRP’s price falls sharply on Monday but holds above support at $2.28, as provided by the 50-day EMA. This follows a drawdown from last week’s high of $2.65, plausibly triggered by potential profit-taking among traders and sentiment in the broader cryptocurrency market, which deteriorated significantly on Monday.
Based on the Relative Strength Index (RSI) indicator’s retreat to the midline of 50 from near-overbought conditions, the path with the least resistance could shift strongly downwards, especially if the RSI slides further toward the oversold region.
Support at the 50-day EMA and the 100-day EMA, slightly below $2.25, is critical for resuming the uptrend, eyeing a return to $3.00. Beyond the two moving averages, declines could accelerate to retest the descending trendline and the 200-day EMA at approximately $2.00.
The uptrend in the Money Flow Index (MFI) implies that more money is flowing into XRP than the outflow volume. In other words, trader interest remains steady despite the recent pullback.
XRP’s price falls sharply on Monday but holds above support at $2.28, as provided by the 50-day EMA. This follows a drawdown from last week’s high of $2.65, plausibly triggered by potential profit-taking among traders and sentiment in the broader cryptocurrency market, which deteriorated significantly on Monday.
Based on the Relative Strength Index (RSI) indicator’s retreat to the midline of 50 from near-overbought conditions, the path with the least resistance could shift strongly downwards, especially if the RSI slides further toward the oversold region.
Support at the 50-day EMA and the 100-day EMA, slightly below $2.25, is critical for resuming the uptrend, eyeing a return to $3.00. Beyond the two moving averages, declines could accelerate to retest the descending trendline and the 200-day EMA at approximately $2.00.
The uptrend in the Money Flow Index (MFI) implies that more money is flowing into XRP than the outflow volume. In other words, trader interest remains steady despite the recent pullback.
World's largest battery manufacturer achieves revolutionary breakthrough with new technology: 'A key development'
"It is more efficient, eco-friendly, and economical."
The world's largest electric vehicle battery maker has hit a remarkable benchmark.
China-based Contemporary Amperex Technologies, or CATL, is mass-producing sodium-ion batteries, bringing to fruition a technology that has the potential to replace common lithium-ion chemistry, according to a news release from the company.
"With sodium's inherent safety and abundant reserves, it efficiently reduces dependence on lithium resources and strengthens the foundation of new energy technologies, while promoting energy utilization from 'single resource dependence' to 'energy freedom,'" CATL said in the statement.
Experts worldwide are studying sodium-based batteries for those reasons and others. A lower energy density — or the amount of power the pack can store per pound — compared to lithium has been a holdup, Clean Technica reported.
CATL's Naxtra Battery, made for passenger EVs with a version for heavy-duty start-stop use, seems to solve the problem. The passenger pack can provide over 310 miles of range. That's superior to the median for model-year 2024 EVs, which was reported at 283 miles by the U.S. Energy Department. Those rides are mostly all powered by lithium-ion cells.
The packs can also safely operate between minus 40 degrees and 178 degrees Fahrenheit while maintaining 90% of "usable power" at the coldest mark. It can function for more than 10,000 cycles, all per CATL. New Atlas added that it equates to 3.6 million miles driving before significant capacity loss.
On the heavy-duty side, Naxtra's 24-volt product is meant to replace lead-acid packs in dirty combustion vehicles, with an eight-year life cycle. There's also a 61% reduction in costs during that time compared to traditional types.
"It is more efficient, eco-friendly, and economical."
The world's largest electric vehicle battery maker has hit a remarkable benchmark.
China-based Contemporary Amperex Technologies, or CATL, is mass-producing sodium-ion batteries, bringing to fruition a technology that has the potential to replace common lithium-ion chemistry, according to a news release from the company.
"With sodium's inherent safety and abundant reserves, it efficiently reduces dependence on lithium resources and strengthens the foundation of new energy technologies, while promoting energy utilization from 'single resource dependence' to 'energy freedom,'" CATL said in the statement.
Experts worldwide are studying sodium-based batteries for those reasons and others. A lower energy density — or the amount of power the pack can store per pound — compared to lithium has been a holdup, Clean Technica reported.
CATL's Naxtra Battery, made for passenger EVs with a version for heavy-duty start-stop use, seems to solve the problem. The passenger pack can provide over 310 miles of range. That's superior to the median for model-year 2024 EVs, which was reported at 283 miles by the U.S. Energy Department. Those rides are mostly all powered by lithium-ion cells.
The packs can also safely operate between minus 40 degrees and 178 degrees Fahrenheit while maintaining 90% of "usable power" at the coldest mark. It can function for more than 10,000 cycles, all per CATL. New Atlas added that it equates to 3.6 million miles driving before significant capacity loss.
On the heavy-duty side, Naxtra's 24-volt product is meant to replace lead-acid packs in dirty combustion vehicles, with an eight-year life cycle. There's also a 61% reduction in costs during that time compared to traditional types.
XRP price forecasts: why they matter.
XRP is one of the largest crypto currencies by market capitalisation and is used in international payments. Ripple was founded by Chris Larson and Jed Mc Caleb. However, its price is heavily dependent on regulatory developments, especially the SEC lawsuit against Ripple. The case concerns XRP’s status as a security. A favourable court ruling could boost XRP’s price, while a negative outcome could further damage investor confidence. Regardless of the legal outcome, investors should consider both scenarios when assessing XRP forecasts to better understand potential price movements.
Price forecasts matter: The XRP price is influenced not just by market sentiment, but also by legal and institutional factors.
Bank testing: Banks and payment service providers are testing Ripple’s technology, but regulatory uncertainty may hinder broader adoption.
Technology and partnerships: Technological advances and partnerships also play a role.
CBDC integrations: Ripple is working on CBDC integrations and institutional collaborations that could affect XRP’s long-term price.
Investment decisions: Forecasts through 2025 and beyond help investors weigh opportunities and risks between a potential bull run or continued uncertainty.
Disclaimer: The information presented here does not constitute financial advice and is for analysis and educational purposes only. The XRP forecasts are based on standard prediction models, historical data and market trends, but they offer no guarantee of future performance. Past price movements are not a reliable indicator of XRP’s future performance. Investors should carry out their own research or consult a financial expert to assess the risks of investing in XRP.
XRP is one of the largest crypto currencies by market capitalisation and is used in international payments. Ripple was founded by Chris Larson and Jed Mc Caleb. However, its price is heavily dependent on regulatory developments, especially the SEC lawsuit against Ripple. The case concerns XRP’s status as a security. A favourable court ruling could boost XRP’s price, while a negative outcome could further damage investor confidence. Regardless of the legal outcome, investors should consider both scenarios when assessing XRP forecasts to better understand potential price movements.
Price forecasts matter: The XRP price is influenced not just by market sentiment, but also by legal and institutional factors.
Bank testing: Banks and payment service providers are testing Ripple’s technology, but regulatory uncertainty may hinder broader adoption.
Technology and partnerships: Technological advances and partnerships also play a role.
CBDC integrations: Ripple is working on CBDC integrations and institutional collaborations that could affect XRP’s long-term price.
Investment decisions: Forecasts through 2025 and beyond help investors weigh opportunities and risks between a potential bull run or continued uncertainty.
Disclaimer: The information presented here does not constitute financial advice and is for analysis and educational purposes only. The XRP forecasts are based on standard prediction models, historical data and market trends, but they offer no guarantee of future performance. Past price movements are not a reliable indicator of XRP’s future performance. Investors should carry out their own research or consult a financial expert to assess the risks of investing in XRP.
Sharp decline in XRP open interest raises investor concerns.
Notably, XRP recorded $4.78 billion in open interest as investors committed 2.03 billion XRP to the asset's futures contracts. Although this volume is significant, the over 6% drop suggests a massive loss of confidence by XRP investors.
For context, open interest refers to the total number of active futures contracts that have not been settled. A notable drop in this metric signals the asset could be in distress. This concern is reflected in the coin's current price outlook. As of this writing, XRP was changing hands at $2.33, representing a 3.50% decline in the last 24 hours. The coin has continued to experience volatility, testing the $2.30 support level. This has dramatically impacted investors’ confidence in the crypto space. As a result of this price performance, XRP’s trading volume has plummeted by a massive 38.82% to $3.2 billion. Some market participants consider this drop in volume to have occurred because investors were engaged in profit-taking. It is unclear if this trend will linger and push XRP into a bearish mode that could trigger a price slip.
Is legal setback responsible for setbacks?
This marks a major shift from XRP’s performance earlier in the week when it shot up by a staggering 140% as it decoupled from the rest of the crypto market. It is worth noting that while it hit this level, other notable assets like Bitcoin were in the red.
Are Big Players Behind This ByYuri Molchan Some market observers have cited the recent legal setback in the settlement between the Securities and Exchange Commission (SEC) and Ripple as a factor.
However, a Ripple executive has assured that the development has no negative implications and remains safe from a regulatory standpoint.
Notably, XRP recorded $4.78 billion in open interest as investors committed 2.03 billion XRP to the asset's futures contracts. Although this volume is significant, the over 6% drop suggests a massive loss of confidence by XRP investors.
For context, open interest refers to the total number of active futures contracts that have not been settled. A notable drop in this metric signals the asset could be in distress. This concern is reflected in the coin's current price outlook. As of this writing, XRP was changing hands at $2.33, representing a 3.50% decline in the last 24 hours. The coin has continued to experience volatility, testing the $2.30 support level. This has dramatically impacted investors’ confidence in the crypto space. As a result of this price performance, XRP’s trading volume has plummeted by a massive 38.82% to $3.2 billion. Some market participants consider this drop in volume to have occurred because investors were engaged in profit-taking. It is unclear if this trend will linger and push XRP into a bearish mode that could trigger a price slip.
Is legal setback responsible for setbacks?
This marks a major shift from XRP’s performance earlier in the week when it shot up by a staggering 140% as it decoupled from the rest of the crypto market. It is worth noting that while it hit this level, other notable assets like Bitcoin were in the red.
Are Big Players Behind This ByYuri Molchan Some market observers have cited the recent legal setback in the settlement between the Securities and Exchange Commission (SEC) and Ripple as a factor.
However, a Ripple executive has assured that the development has no negative implications and remains safe from a regulatory standpoint.
Ripple’s Legal Path: Settlement or Supreme Court?
The court ruling has retriggered market anxiety about XRP’s future. If the parties cannot convince Judge Torres that a settlement benefits the public, the legal battle may continue.
Ripple could proceed with its cross-appeal, and the SEC may pursue its appeal against the Programmatic Sales of XRP ruling. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP did not satisfy the third prong of the Howey Test. The ruling had buoyed optimism about a US XRP-spot ETF market.
If the SEC appeals and successfully overturns the ruling, it could close the door on US-XRP-spot ETF approvals and the case could reach the US Supreme Court. The potential for a Supreme Court ruling remains a significant risk factor for both parties, especially since such a ruling would establish binding precedent for the entire cryptocurrency industry.
Investors should also consider a timeline pressure point. The SEC and Ripple must submit a status report on the settlement to the courts by June 16. If Judge Torres has yet to grant the motion for an indicative ruling, the US Court of Appeals may force the SEC and Ripple to either proceed with their appeals or drop them.
The bigger question is whether Ripple stands firm on a settlement being a prerequisite to withdrawing its cross-appeal. If Ripple proceeds, the SEC may follow suit.
XRP Price Outlook: Focus on Legal Developments
XRP slipped 0.31% on Friday, May 16, adding to Thursday’s 6.5% sell-off, closing at $2.3791. The token tracked the broader crypto market, which dropped 0.36% to a total crypto market cap of $3.25 trillion.
XRP’s near-term price outlook hinges on future court filings, court rulings, and sentiment toward an XRP-spot ETF market.
Technical support sits at $2.3. A break above the May 12 high of $2.6553 could signal a move toward $3.00, with the potential to reach the record high of $3.5505.
The court ruling has retriggered market anxiety about XRP’s future. If the parties cannot convince Judge Torres that a settlement benefits the public, the legal battle may continue.
Ripple could proceed with its cross-appeal, and the SEC may pursue its appeal against the Programmatic Sales of XRP ruling. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP did not satisfy the third prong of the Howey Test. The ruling had buoyed optimism about a US XRP-spot ETF market.
If the SEC appeals and successfully overturns the ruling, it could close the door on US-XRP-spot ETF approvals and the case could reach the US Supreme Court. The potential for a Supreme Court ruling remains a significant risk factor for both parties, especially since such a ruling would establish binding precedent for the entire cryptocurrency industry.
Investors should also consider a timeline pressure point. The SEC and Ripple must submit a status report on the settlement to the courts by June 16. If Judge Torres has yet to grant the motion for an indicative ruling, the US Court of Appeals may force the SEC and Ripple to either proceed with their appeals or drop them.
The bigger question is whether Ripple stands firm on a settlement being a prerequisite to withdrawing its cross-appeal. If Ripple proceeds, the SEC may follow suit.
XRP Price Outlook: Focus on Legal Developments
XRP slipped 0.31% on Friday, May 16, adding to Thursday’s 6.5% sell-off, closing at $2.3791. The token tracked the broader crypto market, which dropped 0.36% to a total crypto market cap of $3.25 trillion.
XRP’s near-term price outlook hinges on future court filings, court rulings, and sentiment toward an XRP-spot ETF market.
Technical support sits at $2.3. A break above the May 12 high of $2.6553 could signal a move toward $3.00, with the potential to reach the record high of $3.5505.
Radical new all-in-one wing airplane concept could be the future of flight.
A new kind of airplane looks nothing like today’s commercial jets—and it could change everything from passenger comfort to military power.
Aircraft manufacturers are in a race. They want to build more efficient jets as airlines search for ways to cut fuel use and lower costs. Instead of the old tube-and-wing structure, a new shape is leading the charge: the blended-wing body.
This sleek design merges the fuselage and wings into one continuous surface. The result? Less drag, more lift, and huge potential savings. Both civilian and military buyers are paying attention.
Blended-wing aircraft aren't completely new. The U.S. Air Force has used the concept in some planes for years. According to the Air Force, blending the body and wings can reduce drag by up to 30%. That means less fuel, longer flights, and better economics.
The startup JetZero is betting big on this concept. So is the Air Force, which gave the company a $235 million contract to build a full-scale demonstrator by 2027. United Airlines, Delta, and Alaska Airlines are also onboard as investors and development partners.
JetZero’s futuristic Z4 jet could hold up to 250 passengers. That’s the same range as a Boeing 767, but with only half the fuel burn. And the Z4 isn’t just more efficient—it’s different inside and out.
A new kind of airplane looks nothing like today’s commercial jets—and it could change everything from passenger comfort to military power.
Aircraft manufacturers are in a race. They want to build more efficient jets as airlines search for ways to cut fuel use and lower costs. Instead of the old tube-and-wing structure, a new shape is leading the charge: the blended-wing body.
This sleek design merges the fuselage and wings into one continuous surface. The result? Less drag, more lift, and huge potential savings. Both civilian and military buyers are paying attention.
Blended-wing aircraft aren't completely new. The U.S. Air Force has used the concept in some planes for years. According to the Air Force, blending the body and wings can reduce drag by up to 30%. That means less fuel, longer flights, and better economics.
The startup JetZero is betting big on this concept. So is the Air Force, which gave the company a $235 million contract to build a full-scale demonstrator by 2027. United Airlines, Delta, and Alaska Airlines are also onboard as investors and development partners.
JetZero’s futuristic Z4 jet could hold up to 250 passengers. That’s the same range as a Boeing 767, but with only half the fuel burn. And the Z4 isn’t just more efficient—it’s different inside and out.
Let,s Celebrate Pizza Day with Binance in the memory. On May 22, 2010, now known as “Bitcoin Pizza Day,” Laszlo Hanyecz, the Florida man, agreed to pay 10,000 bitcoins for the delivery of two Papa John’s pizzas. On the Bitcoin Talk forum, Hanyecz reached out for help. “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some left over for the next day,”
US loses last perfect credit rating amid rising debt.
The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ability to pay back its debt.
In lowering the US rating from 'AAA' to 'Aa1', Moody's noted that successive US administrations had failed to reverse ballooning deficits and interest costs.
A triple-A rating signifies a country's highest possible credit reliability, and indicates it is considered to be in very good financial health with a strong capacity to repay its debts.
Moody's warned in 2023 the US triple-A rating was at risk. Fitch Ratings downgraded the US in 2023 and S&P Global Ratings did so in 2011. Moody's held a perfect credit rating for the US since 1917.
The downgrade "reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns," Moody's said in the statement.
In a statement, the White House said it was "focused on fixing Biden's mess", while taking a swipe at Moody's.
"If Moody's had any credibility," White House spokesman Kush Desai said, "they would not have stayed silent as the fiscal disaster of the past four years unfolded."
A lower credit rating means countries are more likely to default on their sovereign debt, and generally face higher borrowing costs.
Moody's maintained that the US "retains exceptional credit strengths such as size, resilience and dynamism and the continued role of the US dollar as the global reserve currency".
The firm said it expects federal debt to increase to around 134% of gross domestic product (GDP) by 2035, up from 98% last year.
GDP is a measure of all the economic activity of companies, governments, and people in a country.
The BBC has reached out to the US Department of Treasury for comment.
The downgrade came on the same day as Trump's landmark spending bill suffered a setback in Congress.
Trump's so-called "big, beautiful bill" failed to pass the House Budget Committee, with some Republicans voting against it.
The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ability to pay back its debt.
In lowering the US rating from 'AAA' to 'Aa1', Moody's noted that successive US administrations had failed to reverse ballooning deficits and interest costs.
A triple-A rating signifies a country's highest possible credit reliability, and indicates it is considered to be in very good financial health with a strong capacity to repay its debts.
Moody's warned in 2023 the US triple-A rating was at risk. Fitch Ratings downgraded the US in 2023 and S&P Global Ratings did so in 2011. Moody's held a perfect credit rating for the US since 1917.
The downgrade "reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns," Moody's said in the statement.
In a statement, the White House said it was "focused on fixing Biden's mess", while taking a swipe at Moody's.
"If Moody's had any credibility," White House spokesman Kush Desai said, "they would not have stayed silent as the fiscal disaster of the past four years unfolded."
A lower credit rating means countries are more likely to default on their sovereign debt, and generally face higher borrowing costs.
Moody's maintained that the US "retains exceptional credit strengths such as size, resilience and dynamism and the continued role of the US dollar as the global reserve currency".
The firm said it expects federal debt to increase to around 134% of gross domestic product (GDP) by 2035, up from 98% last year.
GDP is a measure of all the economic activity of companies, governments, and people in a country.
The BBC has reached out to the US Department of Treasury for comment.
The downgrade came on the same day as Trump's landmark spending bill suffered a setback in Congress.
Trump's so-called "big, beautiful bill" failed to pass the House Budget Committee, with some Republicans voting against it.
#BTC Bitcoin Weekly SuperTrend Flashes Sell Signal From 2022 Despite BTC/USD Strength.
In the last few weeks, the sentiment around Bitcoin has turned around as bulls have pushed it past the $100,000 mark once again. Despite the recent drawdown, the BTC price is still bullish, with the market sentiment sitting in greed. However, a new development on the Bitcoin weekly chart could signal an end to the recent bullishness, just like it did back in 2022.
Sell Signal From 2022 Reappears
Back in 2022, large sell-offs triggered by the crash of the FTX crypto exchange brought an abrupt end to the Bitcoin bull market and plunged investors into months of despair as prices lagged. During this time, a sell signal on the Bitcoin Weekly SuperTrend went off and the result was the over 60% decline of the Bitcoin price. Since then, this sell signal has remained dormant, but now it has returned.
Crypto and CMT-Certified analyst Tony Spilotro took to X (formerly Twitter) to share a disturbing formation on the Bitcoin chart. The analyst explained that the sell signal on the weekly supertrend which had been dormant had finally returned. This signal was triggered just below the current all-time high of $109,000 and it seems the market is playing out accordingly.
The analyst explained that while the BTCUSD pair continues to show strength, it could be a false strength. This is because the US dollar has weakened recently, which means that this could be the reason behind the strength shown by the BTC price. Additionally, Tony revealed that even the BTCEUR pair has not shown any crossover of the LMACD.
In the last few weeks, the sentiment around Bitcoin has turned around as bulls have pushed it past the $100,000 mark once again. Despite the recent drawdown, the BTC price is still bullish, with the market sentiment sitting in greed. However, a new development on the Bitcoin weekly chart could signal an end to the recent bullishness, just like it did back in 2022.
Sell Signal From 2022 Reappears
Back in 2022, large sell-offs triggered by the crash of the FTX crypto exchange brought an abrupt end to the Bitcoin bull market and plunged investors into months of despair as prices lagged. During this time, a sell signal on the Bitcoin Weekly SuperTrend went off and the result was the over 60% decline of the Bitcoin price. Since then, this sell signal has remained dormant, but now it has returned.
Crypto and CMT-Certified analyst Tony Spilotro took to X (formerly Twitter) to share a disturbing formation on the Bitcoin chart. The analyst explained that the sell signal on the weekly supertrend which had been dormant had finally returned. This signal was triggered just below the current all-time high of $109,000 and it seems the market is playing out accordingly.
The analyst explained that while the BTCUSD pair continues to show strength, it could be a false strength. This is because the US dollar has weakened recently, which means that this could be the reason behind the strength shown by the BTC price. Additionally, Tony revealed that even the BTCEUR pair has not shown any crossover of the LMACD.
$ETH Trading pairs form the backbone of crypto exchanges, representing the comparative value between two different digital assets. For example, the BTC/ETH pair indicates the exchange rate between Bitcoin and Ethereum. Trading pairs are determining how one cryptocurrency measures up against another. They are the essential tools for executing trades and assessing the relative strength of various digital assets.
Unlike traditional stock markets, where stocks are often traded against a fiat currency (like USD), crypto trading can involve pairing two cryptocurrencies. This dynamic reflects the decentralized and unique nature of the crypto space. In crypto, you're not just buying or selling a single asset with fiat; you're navigating the exchange rates between different digital currencies. This distinction brings both challenges and opportunities for crypto traders.
Unlike traditional stock markets, where stocks are often traded against a fiat currency (like USD), crypto trading can involve pairing two cryptocurrencies. This dynamic reflects the decentralized and unique nature of the crypto space. In crypto, you're not just buying or selling a single asset with fiat; you're navigating the exchange rates between different digital currencies. This distinction brings both challenges and opportunities for crypto traders.
$USDC What Is USDC (USDC)?
USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.
The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.
Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.
Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.
USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.
The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.
Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.
Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.
#EthereumSecurityInitiative The Ethereum Foundation launched an initiative aimed at creating a secure environment to safeguard trillions of dollars. The project will cover the entire technology stack of the ecosystem, including the core protocol, smart contracts, and user interfaces.
Ethereum Raises Protocol Security to Institutional Level
The Ethereum Foundation officially announced the Trillion Dollar Security (1TS) initiative, a comprehensive program designed to enhance the security level of the Ethereum ecosystem. The initiative aims to achieve a trust level at which billions of users can safely store over $1,000 on the Ethereum network, while institutional players can securely hold more than $1 trillion within a single application or smart contract.
Trillion Dollar Security is a step toward transforming Ethereum into the foundational infrastructure for online projects and the global economy, capable of competing with the security standards of banking and government systems.
The initiative includes three key areas:
Comprehensive ecosystem audit. Creating a threat and strength map across the entire Ethereum technology chain. The analysis will cover frontend, wallet security, smart contracts, cloud infrastructure, potential failure points, consensus layer including centralization risks, vulnerabilities at the DNS infrastructure level, and other possible attack vectors.
Implementation of priority improvements. Executing short-term fixes and investing in long-term projects aimed at eliminating vulnerabilities identified during the audit.
Enhancing transparency. Disseminating information about Ethereum security standards to users and the professional community to increase trust and facilitate comparative analysis with other blockchains and traditional systems.
Ethereum Raises Protocol Security to Institutional Level
The Ethereum Foundation officially announced the Trillion Dollar Security (1TS) initiative, a comprehensive program designed to enhance the security level of the Ethereum ecosystem. The initiative aims to achieve a trust level at which billions of users can safely store over $1,000 on the Ethereum network, while institutional players can securely hold more than $1 trillion within a single application or smart contract.
Trillion Dollar Security is a step toward transforming Ethereum into the foundational infrastructure for online projects and the global economy, capable of competing with the security standards of banking and government systems.
The initiative includes three key areas:
Comprehensive ecosystem audit. Creating a threat and strength map across the entire Ethereum technology chain. The analysis will cover frontend, wallet security, smart contracts, cloud infrastructure, potential failure points, consensus layer including centralization risks, vulnerabilities at the DNS infrastructure level, and other possible attack vectors.
Implementation of priority improvements. Executing short-term fixes and investing in long-term projects aimed at eliminating vulnerabilities identified during the audit.
Enhancing transparency. Disseminating information about Ethereum security standards to users and the professional community to increase trust and facilitate comparative analysis with other blockchains and traditional systems.
What Ripple And The SEC Must Do Next
Legal expert Fred Rispoli explained that Ripple and the SEC will refile the motion under the correct rule. However, commenting on the wording of the court’s decision, he noted that both parties need to get on their knees and beg for the relief as they look to finally settle the XRP lawsuit.
MetaLawMan, another legal expert, had previously warned that it is far from a sure thing that a federal judge would agree to vacate a prior ruling as part of a settlement. He remarked that this was fairly commonplace several years ago, but now, judges have started balking at this in more recent years.
Basically, Judge Torres granting the relief won’t be straightforward even when Ripple and the SEC refile their motion under the correct procedure. She already mentioned that the district court must “determine whether the proposed consent decree is fair and reasonable, with the additional requirement that the public interest would not be disserved in the event that the consent decree includes injunctive relief.”
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, also commented on Judge Torres’ denial of the motion. In an X post, he affirmed that nothing in the order changes his firm’s wins, including the ruling that XRP is not a security.
He added that the order is about procedural concerns and that both parties are fully in agreement to resolve the case and will revisit the issue with the court together. The XRP price is currently trading at around $2.4, down over 4% in the last 24 hours.
Legal expert Fred Rispoli explained that Ripple and the SEC will refile the motion under the correct rule. However, commenting on the wording of the court’s decision, he noted that both parties need to get on their knees and beg for the relief as they look to finally settle the XRP lawsuit.
MetaLawMan, another legal expert, had previously warned that it is far from a sure thing that a federal judge would agree to vacate a prior ruling as part of a settlement. He remarked that this was fairly commonplace several years ago, but now, judges have started balking at this in more recent years.
Basically, Judge Torres granting the relief won’t be straightforward even when Ripple and the SEC refile their motion under the correct procedure. She already mentioned that the district court must “determine whether the proposed consent decree is fair and reasonable, with the additional requirement that the public interest would not be disserved in the event that the consent decree includes injunctive relief.”
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, also commented on Judge Torres’ denial of the motion. In an X post, he affirmed that nothing in the order changes his firm’s wins, including the ruling that XRP is not a security.
He added that the order is about procedural concerns and that both parties are fully in agreement to resolve the case and will revisit the issue with the court together. The XRP price is currently trading at around $2.4, down over 4% in the last 24 hours.
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