🚨 Web3 Current: What’s Really Going Down in Crypto!

News

📢 MSTR Stock Price Rallies Above $400 Amid 7,390 Bitcoin Purchase & Class Action Lawsuit

Michael Saylor’s Strategy, previously known as MicroStrategy, made another Bitcoin purchase between May 12 and May 18, bringing the company’s total BTC holdings to 576,230. Following the announcement, the MSTR stock price rallied above $400, while the firm is facing a class action suit over misleading statements regarding its Bitcoin Strategy.

🌐 Expert Claims Spot XRP ETFs A ‘Matter Of Time’ As CME Futures Go Live

With the CME XRP futures going live today, attention has again turned to the spot XRP ETFs, which are still pending regulatory approval. However, market expert Nate Geraci predicts that the US SEC will eventually approve these funds, stating that it is only a matter of time.

Markets

🚀 Here’s The Resistance Ethereum (ETH) Price Needs to Breach to Hit $3,000

After a 51% rally between May 8 and 13, Ethereum (ETH) price has been holding its ground, consolidating between $2,400 and $2,600. Indicators, both technical and blockchain, reveal that $2,460, or roughly $2,500, is the key resistance level that ETH needs to overcome to push toward the $3,000 psychological level.

🔥 ETH Investors Secure Nearly $1B in Profits – How Low Will Ethereum Price Crash?

Ethereum (ETH) price faces immense selling pressure after the $2,700 local top as blockchain data reveals investors cashed out nearly $1 billion in profits this week. Today ETH trades at $2,500, but whale transaction count spike shows that large investors are distributing their holdings. Technicals solidify this potential crash by flashing a bearish divergence sell signal.