KelpDAO has finalized the operational phase of its rsETH recovery plan, transferring the last tranche of tokens into its cross-chain adapter and restoring full bridge coverage — but the harder work of rebuilding user trust may still lie ahead.KelpDAO announced on May 25 that it has completed the operational phase of its rsETH recovery plan, transferring a final tranche of 20,373.72 rsETH into the protocol’s Omnichain Fungible Token (OFT) adapter. The move marks the culmination of a multi-week replenishment effort that saw roughly 116,000 rsETH returned to the rsETH OFT adapter over approximately two weeks, carried out with the support…
Author: cryphedge
The week of May 18–22 will be remembered as one of the starkest divergences in the short history of crypto exchange-traded funds — not because the market collapsed, but because it quietly reorganized itself.Spot bitcoin ETFs recorded net outflows of $1.26 billion for the week, making it one of the weakest weekly performances of 2026. The overwhelming share of the selling pressure came from BlackRock’s IBIT, which alone shed $1.01 billion over the five trading days. Fidelity’s FBTC followed with $111.5 million in outflows, while Ark & 21Shares’ ARKB lost another $106.8 million. Additional withdrawals came from Bitwise’s BITB, VanEck’s…
On May 24, Ethereum co-founder Vitalik Buterin published a roughly 1,500-word post on X laying out his personal vision for the Ethereum Foundation’s future. He was direct about what the changes mean in practice: “The EF is choosing to use its remaining resources to pursue longevity over breadth. Yes, this means we sell less ETH.” The post arrives at a difficult moment for the organization, amid its deepest talent drain in years and growing community frustration over the Foundation’s direction.A Foundation at a CrossroadsAt least nine senior contributors have departed in 2026, including Barnabé Monnot, Tim Beiko, Carl Beek, Julian…
Late-stage startup PR breaks from the early-stage model at the Series B inflection point. Same outlet shortlist, same pitch angles, same coverage metrics that carried the company through seed and Series A start producing the wrong outcomes. This break is structural, not tactical. How is late-stage startup PR different from early-stage at the working level: audience composition shifts, message complexity grows, and editorial credibility starts outweighing raw reach. Built on Outset Media Index data, the signal-weighting framework below shows what changes and where generic plans fall short. Why the PR Approach Splits at the Series B Inflection Point Series B…
Make CryptoSlate preferred on Bitcoin is trading below below $78,000 as weakening demand from US spot exchange-traded funds (ETFs) collides with a buildup of leveraged positions that could deepen selling if key support levels fail.Data from CryptoSlate showed that the largest digital asset trades near $77,400 after briefly clearing $82,000 earlier this month. The retreat came following a more cautious macro backdrop, with traders weighing speculation about a possible US-Iran agreement and its impact on risk assets.However, market analysts point to a deeper structural imbalance within cryptocurrency exchanges that could dictate Bitcoin’s near-term trajectory.Data from Alphractal showed about $14.3 billion…
XRP whale withdrawals on Binance just hit their highest single-day level since February, with large holders moving 122 million XRP off the exchange on May 22. Every transaction in that count cleared the 1 million XRP threshold, so this is strictly whale-scale activity. Right now, the timing also matters quite a bit: Ripple is set to unlock 1 billion XRP from escrow on June 1, worth roughly $1.36 billion at current prices. At the time of writing, XRP whale activity is also unfolding against a backdrop of Binance liquidity falling to its lowest point since January 2020.Source: CoinGeckoXRP Whale Activity…
The death of a founder is always a pivotal moment for any crypto project. When that project is Ondo Finance—one of the most recognized names in real-world asset tokenization—the leadership handoff carries extra weight. The team confirmed on Tuesday that Nathan Allman, who launched Ondo to bridge traditional finance with blockchain, has passed away unexpectedly. The announcement named longtime president Ian De Bode as the new chief executive. The statement, relayed through the original report, made clear that Allman’s vision for a more open and accessible financial system would continue to guide the project. It also underscored how deeply De…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Binance is adding an OPENAIUSDT Pre-IPO Perpetual Contract after its first Pre-IPO futures product generated more than $280 million in trading volume within five days. The new contract gives eligible users exposure to market expectations around OpenAI ahead of any potential public listing. Binance is moving deeper into private-market themed derivatives. The exchange announced the listing of OPENAIUSDT Pre-IPO Perpetual on Binance Futures, its second product in the new Pre-IPO perpetual category. Trading is scheduled to begin on May 26, 2026, at 08:30 UTC. The…
Make CryptoSlate preferred on Same risk, different day.Fresh U.S. self-defense strikes in southern Iran have reopened the Bitcoin Iran risk trade, but the market is treating the headline as conditional rather than as an automatic crypto selloff.The U.S. military said Monday that it carried out self-defense strikes in southern Iran, including on missile launch sites and boats placing mines, while saying it was using restraint during the ceasefire.That is exactly the kind of development that should have challenged the prior session’s Iran-deal relief trade.Yet the first cross-asset signal was calmer than the headline suggested. Early trading showed mixed Asian shares,…
RENDER surged 18% to $2.35 on strong volume and activity. Wallet growth, open interest, and EMA breakout drive momentum. Break below $2.18 support or above $2.50 resistance will define the next price direction. Render (RENDER) has recorded a sharp upward move, rising about 18.1% in 24 hours to around $2.35 and outperforming the broader crypto market. The rally is supported by a combination of stronger on-chain activity, rising derivatives demand, and a clear technical breakout that has shifted market momentum in its favour. Trading activity over the past 24 hours has increased significantly, with volume reaching nearly $295 million, showing…
