The debut of an XRP futures ETF could enhance market liquidity and attract institutional investors, potentially boosting XRP&#8217;s mainstream adoption. The post Volatility Shares to debut first-ever XRP futures ETF tomorrow appeared first on Crypto Briefing.

Volatility Shares to debut first-ever XRP futures ETF tomorrow

Bitcoin has topped $110,000 for the first time in a recent rally that has seen 
it gain 3% over the past day to break through past price highs from earlier 
this year.
Bitcoin (BTC) hit a new all-time high of $110,788.98 on Coinbase late on May 
21, just before 11:30 pm UTC, according to TradingView.
Bitcoin has gained around 3% over the last 24 hours, surpassing its all-time 
high of $109,458 that it hit earlier in the day, which was the first time it 
traded above its previously long-held Jan. 20 peak.
The world&#8217;s largest cryptocurrency has now gained 17.5% so far this year and 
is up 47% since its slump to $75,000 on April 7, triggered by US President 
Donald Trump enacting sweeping tariffs that tanked global markets.
Bitcoin&#8217;s new peak comes as US stock markets were rattled by a weak 20-year 
bond auction, which sent treasury yields soaring on May 21. The S&amp;P 500 fell 
80 points in half an hour while the Nasdaq and Dow Jones mirrored the move, 
with all US indexes trading down on the day.
_Bitcoin &#8216;s weekly chart shows it has climbed out of a slump earlier this 
year. Source: __TradingView_
Caroline Bowler, CEO of the Australian crypto exchange BTC Markets, said in a 
note to Cointelegraph that Bitcoin&#8217;s new high &#8220;reflects a mature interest in 
digital assets worldwide, not the speculative surge seen in past cycles.&#8221;
&#8220;Today&#8217;s demand is driven by institutional-grade infrastructure and stronger 
regulatory clarity. Investor sentiment has shifted decisively, reflecting 
institutional-style allocations,&#8221; she added.
According to Google Trends, searches for Bitcoin have been trending down since 
November and are at lows typical of crypto bear markets, indicating a low 
retail interest in the cryptocurrency.
Meanwhile, the Crypto Fear &amp; Greed Index, which tracks market sentiment, was 
at a score of 72 out of 100 on May 22, indicating &#8220;greed.&#8221; The index is down 
from its 2025 high of 84 on Jan. 22, which came two days after Trump&#8217;s 
inauguration.
_**Related:**__**How high can Bitcoin price go?**_
Edward Carroll, head of global markets and corporate finance at MHC Digital 
Group, told Cointelegraph in a note that growing demand driving the price 
higher in the medium-term could push Bitcoin to at least $160,000 by the 
fourth quarter of this year and $1 million by 2030.
## Trader&#8217;s leveraged Bitcoin bet tops $1.1B
Meanwhile, leverage trader James Wynn&#8217;s Bitcoin long position on the crypto 
platform Hyperliquidity has become the largest onchain margin trade when it 
exceeded $1.1 billion amid Bitcoin&#8217;s price peak.
The entry point for the 40x leveraged position was $108,065 and it has an 
unrealized profit of $20 million. It will be liquidated if Bitcoin&#8217;s price 
falls to $103,800.
_**Magazine:**__**Arthur Hayes $1M Bitcoin tip, altcoins &#8216;powerful rally&#8217; 
looms: Hodler&#8217;s Digest**_

Bitcoin continues rally to surpass $110K for the first time

Bitcoin price started a fresh increase and traded to a new all-time high above 
the $109,000 zone. BTC is now consolidating and might aim for an increase 
toward $112,000 Bitcoin started a fresh upward move from the $106,000 zone. 
The price is trading above $107,000 and the 100 hourly Simple moving average. 
There is a key bullish trend line forming with support at $107,800 on the 
hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain 
bullish momentum if it clears the $110,850 resistance. Bitcoin Price Sets New 
ATH Bitcoin price started a fresh increase from the $104,200 support zone. BTC 
formed a base and was able to clear the $106,000 resistance zone. The bulls 
pushed the price above $107,500. The bulls even pumped the price above the 
$109,000 resistance zone. The price traded to a new all-time high near 
$110,698 and is currently consolidating gains above the 23.6% Fib retracement 
level of the upward move from the $104,270 swing low to the $110,698 high. 
Bitcoin is now trading above $108,000 and the 100 hourly Simple moving 
average. There is also a key bullish trend line forming with support at 
$107,800 on the hourly chart of the BTC/USD pair. On the upside, immediate 
resistance is near the $110,850 level. The first key resistance is near the 
$112,000 level. The next key resistance could be $112,500. A close above the 
$112,500 resistance might send the price further higher. In the stated case, 
the price could rise and test the $113,800 resistance level. Any more gains 
might send the price toward the $115,000 level. Are Dips Limited In BTC? If 
Bitcoin fails to rise above the $112,000 resistance zone, it could start 
another correction. Immediate support on the downside is near the $109,000 
level. The first major support is near the $107,500 level, the trend line, and 
the 50% Fib retracement level of the upward move from the $104,270 swing low 
to the $110,698 high. The next support is now near the $106,500 zone. Any more 
losses might send the price toward the $105,000 support in the near term. The 
main support sits at $104,200, below which BTC might gain bearish momentum. 
Technical indicators: Hourly MACD – The MACD is now gaining pace in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is 
now above the 50 level. Major Support Levels – $109,000, followed by $107,500. 
Major Resistance Levels – $110,850 and $112,000.

Bitcoin Price Blasts to New All-Time High — Bulls Take the Lead

Hong Kong just turbocharged its digital finance ambitions, locking in a game- 
changing stablecoin law that mandates licenses, enforces full compliance, and 
ignites the city’s crypto leadership. Hong Kong Enacts Licensing Law for 
Stablecoin Issuers, Ushering in New Era for Crypto Assets The Hong Kong 
Monetary Authority (HKMA) announced on May 21 that the Legislative Council […]

Hong Kong Passes Landmark Stablecoin Bill, Reshaping Digital Finance

Bitcoin&#8217;s surge highlights the growing institutional trust and potential for 
significant economic shifts as major entities reap substantial gains.
The post Strategy&#8217;s Bitcoin bet sees over $23B in gains as BTC tops record 
$110K appeared first on Crypto Briefing.

Strategy’s Bitcoin bet sees over $23B in gains as BTC tops record $110K

Bitcoin surged past $110,000 on Wednesday evening, setting a new all-time high 
as crypto rallied hard. The previous peak for Bitcoin (BTC), reached during 
President Donald Trump’s inauguration in January, was surpassed in late 
morning trading, according to crypto.news data.…