Coinbase suffered a data breach after bribed overseas support agents enabled access to sensitive user data. A $20 million reward fund has been set up to aid the investigation. Hackers Bribe Support Staff to Steal Coinbase User Data in Stealth Attack Crypto exchange Coinbase (Nasdaq: COIN) disclosed on May 15 that a group of bribed […]

Coinbase Data Breach: Rogue Agents Leak User Info, $20M Hunt Begins

This content is provided by a sponsor. Lightchain Protocol AI, a cutting-edge 
Layer-1 blockchain built to power decentralized artificial intelligence, has 
officially launched its Developer Grant Program, calling on seasoned 
developers, innovative startups, and ecosystem builders to join its rapidly 
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Lightchain Protocol AI Opens $150,000 Developer Grant Program to Onboard Top Blockchain Builders

Jerome Powell warned that near-zero interest rates may be a thing of the past, 
as the Fed grapples with high inflation and slower growth.

Stock market investors put on notice: Fed’s Chair Powell warns zero interest rates are not coming back

**Key Takeaways:**
 * Solana formed a megaphone chart pattern with a potential $210 price target. 
 * Solana&#8217;s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions.
Solana (SOL) price tested its key resistance at $180 earlier this week, but 
the altcoin failed to establish a position above the level. Over the past few 
days, SOL has consolidated above the $170 mark, but prices have dropped 5.65% 
since May 14.
Including the recent minor dip, Solana has formed a megaphone pattern on the 
4-hour chart, a classic technical setup indicating increasing volatility.
_Solana 4-hour chart. Source: Cointelegraph/TradingView_
The chart illustrates that the megaphone&#8217;s upper resistance trendline sits 
near $185, aligning with immediate resistance at $180. A confirmed breakout 
above this level could propel SOL toward the pattern&#8217;s first target at $210, 
calculated by measuring the widest part of the pattern and projecting it 
upward from the breakout point.
If momentum is sustained, the next target will be $210, representing a 21% 
rally from current prices. A break above $200 would also trigger a 
psychological level that could attract further buying pressure.
However, it is essential to note that a megaphone pattern can also be bearish. 
Failure to break $180 may lead to a pullback toward the 100-day exponential 
moving average (EMA) at $161 or the pattern&#8217;s lower support near $150. Volume 
confirmation on the breakout is a key trigger, as low volume could signal a 
false move, leading to an immediate reversal of the initial directional bias.
_**Related: Solana network and DeFi activity suggest SOL price rally will 
continue**_
## Solana&#8217;s $4 billion realized cap growth and 731 million transactions signal 
momentum
Solana is experiencing a revival in investor interest, with Glassnode 
reporting a 4% to 5% rise in 30-day capital inflows, matching XRP&#8217;s (XRP) 
growth. After months of outflows, this trend reversal signals renewed demand 
in the Solana ecosystem. The realized cap, reflecting a coin&#8217;s last transacted 
value, is up $4 billion to $78.5 billion on May 14, showing SOL&#8217;s growing 
momentum.
_Solana realized cap. Source: Glassnode_
Data from a Top 7 ICO report further validates Solana&#8217;s strong performance, 
securing its position as the second-ranked blockchain by transactions. Over 
the past week, Solana processed an impressive 731 million transactions, 
trailing only Hyperliquid&#8217;s 1.79 billion. It significantly outperformed Base, 
which logged 77.1 million transactions, highlighting Solana&#8217;s existing 
advantage and popularity compared to other chains.
_Top blockchain by number of transactions. Source: X.com_
 _**Related: Spot Bitcoin ETF inflows fall, but BTC whale activity points to 
bull market acceleration**_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target

A federal judge has blocked the SEC and Ripple’s joint settlement agreement in 
the case over XRP, escalating the legal drama and rattling momentum across the 
crypto landscape. Ripple-SEC Settlement Blocked as Court Denies Motion to 
Alter Final Judgment Judge Analisa Torres of the U.S. District Court for the 
Southern District of New York has […]

Judge Denies Ripple–SEC Motion Over XRP, Leaving Case in Legal Limbo

The judge&#8217;s decision maintains regulatory pressure on Ripple, potentially 
impacting its operations and setting a precedent for future cases.
The post Judge rejects SEC and Ripple’s proposed settlement deal, upholds 
$125M penalty appeared first on Crypto Briefing.