A wallet linked to Trump Media &amp; Technology Group has moved 2,650 bitcoin to 
crypto exchange Crypto.com, a transfer worth approximately $204.93 million 
that has prompted fresh questions about the company’s bitcoin treasury 
management. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a 
Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 
million, to […]

A wallet linked to Trump Media &amp; Technology Group has moved 2,650 bitcoin to crypto exchange Crypto.com, a transfer worth approximately $204.93 million that has prompted fresh questions about the company’s bitcoin treasury management. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to &#8230;

Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions

XRP registered one of its strongest network-growth bursts of the year, with 
Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest 
spike of 2026. The analytics firm said the move matters because “network 
growth is among the top leading signals to identify reversals,” placing the 
wallet surge alongside a set of on-chain metrics that suggest XRP is trading 
in a lower-risk zone than usual. Santiment Points To Undervalued Setup For XRP 
The data point was also shared by Santiment’s Brian Quinlivan in yesterday’s 
livestream. The XRP segment stood out for a combination of fresh wallet 
creation, depressed profitability metrics and relatively subdued crowd 
sentiment. Quinlivan said XRP’s MVRV setup looked “pretty similar to 
Ethereum,” but with an even deeper long-term drawdown among active holders. 
According to the Santiment data cited during the livestream, XRP’s 365-day 
MVRV sat around negative 35.12%, while its 30-day MVRV had slipped back into 
negative territory at roughly negative 3%. Related Reading: XRP’s Big Buyers 
Returned In April But left In May: Capital Inflows Data Explains The Shift 
That combination, he argued, places XRP in a statistically less overheated 
position than during periods when recent and longer-term holders are sitting 
on large unrealized gains. “Again, that golden rule, they’re both below zero, 
meaning you’d be buying whether you’re doing short or long-term trading at a 
less risky point than the average moment in XRP’s 11, 12 year history now,” 
Brian said. He was more forceful on the long-term figure, noting that readings 
below negative 30% tend to mark a point where the average active holder has 
already absorbed substantial losses. “Anything below 30, no matter what asset 
you’re looking at, that’s something that should provide confidence in your 
investment because you have something that quantifies how much blood in the 
streets there is,” he said. “You can buy knowing that your fellow peers that 
you’re trading against, you’re not on the same team just because they’re 
investing in the same asset. You’re buying when those fellow peers have 
already experienced immense losses that you haven’t because you’d be opening a 
fresh new entry into XRP.” Related Reading: XRP Declines 8%, But Whales Scoop 
Up 71 Million Tokens Sentiment data added another layer to the setup. Brian 
said XRP’s social tone had been “pretty up and down lately,” but leaned more 
negative than usual, which Santiment typically treats as constructive from a 
contrarian perspective. The asset was showing about 1.7 bullish comments for 
every bearish comment, a level that may sound elevated in isolation but is 
below XRP’s usual social baseline, which Brian said tends to run closer to a 
2-to-1 bullish ratio. Outside of one outlier around May 14, he said XRP 
sentiment had remained below its typical average for roughly the prior 10 
days. That matters because, in Santiment’s framework, overheated bullishness 
often appears closer to local tops, while apathy or frustration can emerge 
near more attractive entries. The livestream also framed XRP within a softer 
altcoin environment. Brian noted that many assets have faced negative 
sentiment because they failed to follow Bitcoin into a more convincing rally. 
He pointed to the way market attention around specific integrations or 
partnerships can fade quickly if price does not respond, referencing XRP- 
related hype around a Rakuten partnership roughly a month earlier as an 
example of how narratives can lose traction without confirmation from the 
market. At press time, XRP traded at $1.36. Featured image created with 
DALL.E, chart from TradingView.com

XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing the wallet surge alongside a set of on-chain metrics &#8230;

XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says

Hyperliquid trades near $59 and Zcash near $646 as analysts warn crowded 
rallies may face exhaustion after sharp weekly gains as of May 22.

Hyperliquid trades near $59 and Zcash near $646 as analysts warn crowded rallies may face exhaustion after sharp weekly gains as of May 22.

Can Hyperliquid and Zcash hold their parabolic rallies?

France&#8217;s cautious stance on oil reserves amid the Iran conflict heightens 
market volatility, impacting energy costs and crypto asset stability.
The post France refuses to tap oil reserves without clarity on Iran war, and 
crypto markets are feeling the heat appeared first on Crypto Briefing.

France&#8217;s cautious stance on oil reserves amid the Iran conflict heightens market volatility, impacting energy costs and crypto asset stability. The post France refuses to tap oil reserves without clarity on Iran war, and crypto markets are feeling the heat appeared first on Crypto Briefing.

France refuses to tap oil reserves without clarity on Iran war, and crypto markets are feeling the heat

Pump.fun&#8217;s USDC pools may attract diverse investors by reducing volatility, 
but higher costs could shift speculative activity elsewhere.
The post Pump.fun introduces USDC-paired liquidity pools for token creators 
appeared first on Crypto Briefing.

Pump.fun&#8217;s USDC pools may attract diverse investors by reducing volatility, but higher costs could shift speculative activity elsewhere. The post Pump.fun introduces USDC-paired liquidity pools for token creators appeared first on Crypto Briefing.

Pump.fun introduces USDC-paired liquidity pools for token creators

The hacker behind the Verus bridge exploit returned 75% of the stolen funds as 
part of a recovery deal negotiated with the protocol days after the incident.

The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident.

Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions

Comments