The post Is XRP a Good Investment in May Ahead of the CLARITY Act? appeared first on Coinpedia Fintech News

XRP, the fourth-largest cryptocurrency, is now trading around $1.39 as May begins, on a bullish note. With the CLARITY Act approaching, investors are now watching closely for the next move.

As the overall crypto market is also moving upward, with a total market cap sitting at $2.64 trillion, largely driven by Bitcoin’s recent breakout.

Will XRP see a breakout in May?

CLARITY Act Faces Key May Deadline

The CLARITY Act, which passed the House with a strong 294–134 vote in July 2025, has been stuck in the Senate Banking Committee since then.

The earliest it can move forward is the week of May 11, with the May 21 Memorial Day break acting as a key cutoff. If this window is missed, the midterm election schedule could delay the bill further.

Some senators have warned that if the bill does not pass the Senate by the end of May, the next real chance may not come until 2030.

The bill is also important for XRP. Right now, XRP’s commodity status comes from a joint SEC and CFTC opinion, not a law. The CLARITY Act would make this status official in federal law, meaning it cannot be easily changed later.

On the ETF side, XRP ETFs led the entire sector last week, pulling 53% of the $224 million that flowed into crypto funds globally. That’s already significant institutional interest, and it’s happening before the bill is even signed.

XRP Monthly Returns Could Be the Key Signal

Looking at past data, XRP has been strong in May, with an average return of around 23% over the last decade. This makes it one of its best months of the year.

This time, the setup also looks positive. XRP has already moved above its April high with a 2% gain early in May, showing early strength.

The overall crypto market is also improving, led by Bitcoin’s recent breakout, which usually supports altcoins like XRP.

XRP Price Eyeing Key Resistance Level

XRP is showing a strong recovery as it regains upward momentum on the chart. The chart highlights a symmetrical triangle pattern, where the price is getting squeezed between support and resistance.

According to analyst Ali Martinez, this setup often leads to a strong move. Based on the pattern, XRP could see a 26% price move once it breaks out.

$XRP is getting ready for a breakout!

XRP is currently consolidating within a well-defined symmetrical triangle on the daily chart. As the price moves closer to the apex, market energy is coiling, signaling that a significant shift in volatility is approaching.

By measuring the… pic.twitter.com/77YTlE5Y5t

— Ali Charts (@alicharts) May 2, 2026

Right now, the key levels to watch are $1.40 as support and $1.5 as resistance. This range is acting like a no-trade zone, as the price can move up and down quickly without a clear direction.

If XRP breaks and closes above $1.45, the next target could be around $1.82. On the downside, if it drops below $1.35, the price may fall toward $1.00.

The post Pi Network News: Why Pi Coin Balances Suddenly Showed Zero on Major Exchanges appeared first on Coinpedia Fintech News

Pi Network balances on platforms like OKX, Bitget, Gate.io, MEXC, and Kraken appeared as “0 Pi.” 

Some of these wallets previously held large amounts, including over 250 million Pi on Gate.io and 43 million on MEXC. Even wallets linked to the Pi Foundation seemed empty on certain explorers.

What Actually Happened?

It all started with screenshots. Pi community members began to notice that on-chain data showed Pi Network’s (PI) token balances on several major centralized exchanges had zeroed.

Even PiScan and other Pi Network trackers temporarily showed zeroed-out balances that had nothing to do with actual coin movement.

Here’s what the numbers looked like across platforms;

• OKX — 0 Pi
• Bitget — 0 Pi
• Gate.io — 0 Pi (this one previously held over 250 million Pi)
• MEXC — 0 Pi (had been holding over 43 million Pi)
• Kraken — 0 Pi (previously around 5 million Pi)
• Pi Foundation’s own wallets — no Pi visible

Despite this zero showing up on a blockchain explorer, there has been no official statement from the Pi Core Team confirming that funds have disappeared or been removed.

Possible Reasons for a Zero Pi Coin Balance on Exchanges

Pi community experts offer a few likely explanations that are being discussed on the X platform.

• Explorer glitch: Some blockchain explorers, including PiScan & Pi Network trackers, may be showing incorrect or delayed data.
• Wallet restructuring: Exchanges could be moving funds into new or hidden storage addresses. When Pi is shifted from one wallet to another, the original wallet can show zero balance.
• Network upgrade activity: Ongoing upgrades like Protocol 23 may be affecting how balances are displayed.

These are all possibilities, but none are confirmed yet.

Protocol 23 Could Be a Key Factor

Another possible reason behind the major development happening right now is the rollout of Protocol 23. This upgrade, which is expected to bring smart contract features and expand the Pi ecosystem.

Together, these upgrades show a major infrastructure shift for the entire network. Overall, it is predicted that it could be nothing more than a technical display issue that corrects itself in a few days.

The post Top Crypto Events to Watch This Week: U.S. Economic Data, Unlocks, and Industry Summits appeared first on Coinpedia Fintech News

Monday began on a bullish note for the crypto market, with a 2.3% rally that pushed the market cap to $2.65 trillion. Bitcoin led the market rally, breaking above $80,000 for the first time since January 2026.

This rally comes as several key events are lined up this week, including major economic updates, network upgrades, and token unlocks that could impact crypto prices.

Key US Economic Events To Watch This Week

According to the weekly schedule, the U.S. will release several important economic indicators. 

• On May 5, job openings data for March is expected to come in slightly lower at around 6.87 million. A drop here may signal a cooling job market, which could support crypto by increasing hopes of future rate cuts.

• Further, on 6th May, the ADP employment report is expected to rise from 62,000 to 90,000 jobs. Strong job growth can signal economic strength, but it may also reduce chances of rate cuts, which can slow crypto gains.

• On May 7, initial jobless claims are forecast to increase from 189,000 to 203,000. Higher claims could support crypto, as it may point to a weaker economy and easier financial conditions ahead.

• On May 8, the unemployment rate is expected to remain steady at 4.3%. These numbers will play a key role in shaping market sentiment, especially for risk assets like crypto.

Major Crypto Launches and Key Conferences

On the crypto side, CME Group is set to launch futures contracts for Avalanche and Sui on May 4. These contracts include:

• AVAX: 5,000 (standard) and 500 (micro)
• SUI: 50,000 (standard) and 5,000 (micro)

All contracts are cash-settled in USD, making it easier for big institutions to participate. This could increase demand and price stability for these assets over time.

• Consensus Miami 2026

Meanwhile, one of the biggest events of the week, Consensus 2026, will take place from May 5 to 7 in Miami. The event will feature over 500 speakers, including industry leaders, and focus on AI, DeFi, and regulation.

Key speakers include SEC Chairman Paul Atkins, Mike Novogratz, CEO at Galaxy, Bo Hines, CEO at Tether USA, Cardano founder Charles Hoskinson, and many more.

• ETHPrague Conference and Bitcoin Burgenland 2026

In Europe, ETHPrague 2026 will run from May 8 to 10, bringing developers together to discuss upgrades, scaling, and privacy. This helps build future use cases for Ethereum. Key speakers include Vitalik Buterin, Stani Kulechov, Justin Drake, and others.

Another key gathering, Bitcoin Burgenland 2026, will also take place on May 8.

Major Token Unlocks This Week

Several major token unlocks are scheduled this week, which can increase supply:

• May 5: Ethena (ENA) unlocks 171M tokens ($17.28M, 2.12%)
• May 6: Hyperliquid (HYPE) releases 9.92M tokens ($300M)
• May 8: Space and Time (SXT) unlocks 387M tokens ($5.96M, 23.20%)
• May 9: Movement (MOVE) releases 164M tokens ($2.89M, 4.69%)
• May 10: Babylon (BABY) unlocks 136M–227M tokens (7–8%)

When new tokens enter the market, prices can face pressure if demand does not match the supply.

The post Bitcoin Price Rally Begins? Analysts See BTC Climbing to $84K appeared first on Coinpedia Fintech News

The world’s largest cryptocurrency Bitcoin has started May on a strong note, rising nearly 2% after breaking key resistance levels. According to crypto analyst Ali Martinez, Bitcoin is currently moving within a tight range, with liquidity data showing the market could soon make a strong move toward $84,000.

BTC Liquidity Map Shows Key Levels

According to Ali Martinez, Bitcoin is currently trading inside a tight range between $75,000 and $80,000. His latest BTC liquidity heatmap shows heavy activity around key price levels. 

The most important level right now is the $80,000 mark. This area has built up a large amount of short positions, making it a strong resistance zone.

Martinez suggest that, if Bitcoin manages to break above $80,000, it could trigger a short squeeze, pushing the price even higher. 

Bitcoin $BTC liquidity roadmap for May:

As the new month kicks off, Bitcoin continues consolidating within a tight range. Meanwhile, we are seeing significant clusters of orders building up, making these the most important levels to watch for large-scale liquidation events:

•… pic.twitter.com/kkSzudg7x3

— Ali Charts (@alicharts) May 2, 2026

As per Martinez prediction, such a move could drive Bitcoin toward the $84,000 level.

On the flip side, if Bitcoin fails to break $80,000, traders may watch support levels at $75,000, $73,000, and $70,000 for the next move.

Top Analyst Sees More Bitcoin Upside: $95K

Another popular crypto analyst Michael van de Poppe also shared a bullish view on Bitcoin. He said the strong start to May suggests Bitcoin could break higher, helped by fresh ETF inflows at the beginning of the month.

According to him, this pattern is common, new inflows often lift Bitcoin early in the month, followed by a small pullback later.

This looks to me that we're going to be breaking upwards.

Strong start of the month, highly likely we've got new inflows from the ETFs too.

This is the standard recipe at the start of the month: new inflows = uptick in price for #BItcoin, then later during the month there's a… pic.twitter.com/6oeLzGTQd2

— Michaël van de Poppe (@CryptoMichNL) May 2, 2026

Van de Poppe is watching resistance zones at $86,000 to $88,000, with a bigger target near the 50-week moving average at $93,000 to $95,000.

He added that if Bitcoin reaches that level, the bear market may be over. In that case, Bitcoin could rally first, then see a healthy correction near $80,000 before making a new push toward an all-time high later this year.

ETF Inflows Add Strength to Bitcoin

Another major factor supporting Bitcoin is the return of institutional demand. U.S. spot Bitcoin ETF recorded a strong net inflow of $629.9 million on May 1, reversing a three-day outflow trend.

Large players like BlackRock, Fidelity Investments, and Invesco led the inflows. BlackRock’s iShares Bitcoin Trust alone captured a major share of the total capital.

This steady inflow is helping absorb selling pressure and creating a stronger price floor for Bitcoin.

Bitcoin has entered May with positive momentum, but the real test now sits at $80,000.

If bulls clear that level, momentum could build quickly toward $84,000. But if resistance holds, a short-term pullback may come first.