Jerome Powell will continue leading the Federal Reserve as chair pro tempore after his chair term ended Friday and Kevin Warsh has not yet taken the oath of office. Warsh was confirmed by the U.S. Senate on May 13 by a 54-45 vote, and the Fed said on May 15 the leadership change is not finalized until the swearing-in occurs.

XRP is hovering around $1.46–$1.48 and continues to struggle with the $1.50 resistance zone. Binance’s Estimated Leverage Ratio for XRP has risen to about 0.179, the highest level in nearly two months, increasing the chance that the next breakout or rejection could be amplified by liquidations. Technical levels in focus include support near $1.30–$1.35 and overhead resistance around the 200-day moving average near $1.70.

On May 16, charts for Hyperliquid (HYPE), XRP, Toncoin (TON), Ethereum (ETH) and Shiba Inu (SHIB) show multiple assets compressing under nearby resistance zones. HYPE is holding above the 100-day MA near $40.7 with supply at $48-$50, while XRP needs sustained closes over $1.50 and ETH faces a ceiling around the 100-day MA near $2,340. TON is trying to defend $1.90-$2.00 after a spike to $2.9, and SHIB is working below $0.0000064-$0.0000065 as buyers protect support near $0.0000060.

Garrett Jin, described as a former Ethereum whale, has moved out of ETH and accumulated more than 71,000 BNB valued at nearly $50 million. Analysts tracking the BNB/ETH pair note it is up about 3.10% so far in Q2, while liquidity data show stablecoin supply on BSC rising from $9B to over $16B. The setup has fueled debate over whether the flow is short-term rotation or positioning for continued relative momentum in BNB versus ETH.

Binance Research said in a May 15 report that tokenized real-world assets could approach about US$1.6 trillion by 2030 as institutions expand pilots of blockchain-based versions of traditional products. The report highlighted U.S. Treasury-linked tokens as roughly half of current RWA value, with tokenized gold around $5.1 billion and tokenized public equities near $1.5 billion after rising from under $300 million at the start of 2025.

Bitcoin falling below $80,000 has eroded some of the optimism that followed the Senate Banking Committee's CLARITY Act markup on Thursday. May 12 CPI data showed headline inflation at 3.8% YoY and core CPI at 2.8%, which analysts argue could weigh on risk sentiment across BTC, Ethereum, and Solana. The Fed's benchmark rate remains 3.5% to 3.75% after three straight meetings, with markets pricing about a 30% chance of a hike by year-end.

Dogecoin (DOGE) has moved back into oversold territory as volatility rises and price action remains weak, with one analyst pointing to past instances where this condition aligned with cycle lows. On May 12, Cryptollica said DOGE entered the weekly RSI oversold zone and argued a base could be forming near $0.10, while his chart also shows a $5 upside target from around $0.115.

Bitcoin's whale-to-retail ratio has climbed to its highest level in nine months, while BTC has struggled for weeks to decisively clear $82,000. Separately, spot net purchases over the past 30, 60, and 90 days total $143.79 million, $783.13 million, and $2.17 billion, signaling cautious demand despite stronger whale participation.