Newer Bitcoin treasury companies have not yet been battle-tested in prolonged bear market conditions, the Bitcoin maximalist said.
US President Donald Trump’s brief post on Truth Social on May 29 sparked a quick burst of excitement among crypto traders. Based on reports, some users saw a hidden reference to the Pepe meme coin (PEPE). Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ In the next few hours, PEPE shot up by 5% but then fell back by 15%. Traders are now watching to see if this social push can do what Elon Musk once did for Dogecoin. Pepe Price Moves According to market data, PEPE’s price hit its upper resistance after the Trump post. A short surge brought a 5% gain. Then profit-taking and wider market pressure drove an 18% correction. The flip in momentum shows how fast things can change in meme-coin land. A small tweet or post can send prices soaring, but it only takes a bit of selling to push them down again. ???? Wait, what Trump just dropped a $PEPE pic on Truth Social ???? Is this a secret crypto endorsement or just trolling the internet? Either way the $PEPE rocket might just have a new co-pilot. What’s next a $PEPE rally or a Twitter melt down Stay tuned???? pic.twitter.com/cu8RF7D55b — Josh Mair (@WizzOfCrypto) May 29, 2025 On Drama & Speculation Trump’s message saying he’s “on a mission from God” makes him sound like he has a special purpose, not just a political goal. The dark street scene and the words “nothing can stop what is coming” hint that something big is coming, even if he doesn’t explain it. This kind of talk can fire up his most loyal supporters – especially PEPE aficionados – because it feels dramatic and urgent. Chart Patterns In Focus Based on reports from chart watchers, PEPE appears to be forming a cup-and-handle pattern that began about five months ago. If the coin breaks above the handle, some say it could reach $0.000026—double its current level. Right now, the MACD line sits below the signal line after a recent death cross, hinting at a near-term downtrend. The RSI has dipped toward 52 and may cross below it soon, which could keep sellers in control. The 0.618 Fibonacci retracement level sits at $0.00001 and could act as a bounce point. If that level gives way, traders will look at $0.000008 as the next support. Tariff Ruling Adds Pressure Based on US Court of International Trade filings, the court reversed Trump’s tariff suspensions right around the same time that PEPE spiked. That move seems to have dampened the market’s risk-on mood. For many traders, broader trade news can be a bigger factor than any single tweet. If traders worry about tariffs and slower growth, they often sell off riskier assets like meme coins. That mix of social hype and market worry helped push PEPE down after its brief rally. Looking Ahead For Traders Based on this mix of social buzz and chart signals, it’ll take more than a hint in a post to keep PEPE climbing. If the coin can break above its current resistance by mid-June, $0.000026 seems to be the main target. But a falling MACD and RSI point toward more selling pressure first. Traders should watch the 0.618 level at $0.00001 for signs of a bounce. If that level breaks, they’ll likely aim for $0.000008 next. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script Featured image from Inverse, chart from TradingView
The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds.
XRP is once again under the spotlight as its price action shows signs of weakening across multiple timeframes. After a brief period of relative stability, recent breakdowns on the daily and intraday charts suggest a shift in market momentum that traders can’t ignore. As bearish pressure mounts and critical support levels begin to falter, XRP’s next move has become a major topic – will it find its footing soon, or is a deeper correction on the horizon? The XRP Key Bullish Divergence In an X update, prominent crypto analyst Gowanus Monster highlighted a critical technical development for XRP. According to his analysis, the token has completed a bearish Descending Triangle formation across multiple timeframes, a classic pattern that often signals continuation to the downside. Based on the measured move from this structure, the projected target is around $1.90, suggesting a potentially significant retracement if bearish momentum continues to build. Related Reading: XRP Price Slips Again — Is a Deeper Correction Underway? Zooming out to the weekly chart, the pattern is beginning to evolve into a well-defined structure, with clear upper and lower boundaries. Gowanus Monster noted that the current focus lies on identifying a higher low within this channel. He also pointed to a key principle: when a price rebound from the upper boundary of a descending channel fails to reach the lower boundary, instead bottoming out early, it often precedes a bullish breakout to the upside. This nuanced behavior, if confirmed, may set the stage for XRP to defy the current bearish structure and ignite a fresh rally beyond the confines of its channel. Bear Trap Scenario: When Oversold Meets Demand According to crypto analyst GemXBT, XRP remains firmly entrenched in a short-term downtrend, with price action currently trading below the 5, 10, and 20-period moving averages. This alignment of moving averages is a classic sign of sustained bearish momentum, suggesting that sellers continue to dominate the market in the near term. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone Presently, the Relative Strength Index (RSI) has dipped into the oversold zone, suggesting an imminent reversal or a period of consolidation as the market seeks equilibrium. Meanwhile, the MACD line remains below the signal line, indicating that downside pressure persists, and any potential recovery could face headwinds. From a price structure standpoint, GemXBT identified key support around $2.15, which could serve as a critical level for buyers to step in and defend. On the upside, resistance lies near $2.25, a zone that bulls would need to reclaim in order to shift short-term sentiment. The recent uptick in trading volume is worth noting, as it could introduce more volatility in the sessions ahead, either accelerating a breakdown if support fails or fueling a sharp recovery if sentiment flips. Featured image from Getty Images, chart from Tradingview.com
Former UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On May 30, he took to X to pledge a “decentralised blueprint for sovereignty,” stating that Germany had “dropped the ball,” and promising that “Ireland will not.” He also tagged El Salvador’s president Nayib […]
The post Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’ appeared first on CryptoSlate.
Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025.
A crypto analyst has forecasted a potential 1,000% rally for the Dogecoin price by the end of the year, suggesting that the leading meme coin could not only reach the coveted $1 milestone but blast past it to $2. While this target may seem bold, especially with Dogecoin still trading below $0.5, the analysis is backed by a compelling combination of historical price behavior, market structure, and accumulation patterns. Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ Dogecoin Price Targets $2 By Year’s End According to a 2-day chart analysis published by crypto market expert ‘Setupsfx_‘ on TradingView, Dogecoin has been navigating a textbook accumulation phase reminiscent of previous cycles that preceded explosive price surges. Based on this distinct historical price behavior, the analyst is boldly predicting a major breakout, anticipating a 1,000% rally that could allow the meme coin to smash through $2 by the end of the year. Using the Wyckoff theory as a foundation, the TradingView expert presented a chart illustrating a clear structure of accumulation, distribution, markdown, and markup—- all of which have played out in past market movements. The chart shows that Dogecoin followed a typical Wyckoff accumulation in its early 2021 cycle, where it traded sideways and spent months consolidating in a defined range. This range, indicated by the blue box on the chart, has been highlighted as a key buy zone between roughly $0.12 and $0.16. Notably, this key zone is the final area where the Dogecoin price could be revisited before launching higher. A return to this range would complete the historical price structure and present an ideal entry point before the markup stage begins. Currently, Dogecoin has concluded its markdown phase and is approaching the final stages of accumulation, paving the way for a potential bullish breakout. If price action continues to respect this historically bullish roadmap, Setupsfx_ forecasts that Dogecoin could gradually move higher over the coming months. By late 2025, this could culminate in a full-blown rally to $2, a level that represents approximately 1,000% upside from current prices. While the TradingView analyst maintains a bullish stance on Dogecoin’s outlook, he has tempered expectations, cautioning that the journey to $2 isn’t expected to be linear. Dogecoin could still face volatility, retracement, and psychological resistance around levels like $0.25, $0.5, and $1, which could slow down its climb. A Push Above $3 Still In The Cards Crypto analyst Trader Tardigrade on X (formerly Twitter) is even more bullish on Dogecoin’s future price, projecting a potential rally to $3.8. This optimistic forecast is supported by the emergence of a bullish Ascending Broadening Wedge pattern on Dogecoin’s weekly chart. Six key touch points confirm the pattern, labeled A through F, within a widening channel indicated on the price chart. The critical level to watch is the $0.47 resistance level, marked by the previous high around point E. Related Reading: $10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare A confirmed breakout above this level could validate the wedge and potentially trigger a significant price surge. Based on the measured move from the wedge’s widest point, the analyst highlights a projected path to $3.8, representing a massive 2,011% surge from current prices around $0.18. Featured image from Unsplash, chart from TradingView
The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group's hacker network.
BTC rebounds after plunging on U.S. tariff headlines, with strong volume support emerging near $103K and fresh institutional bids helping stabilize the market.
The SEC said it asked the issuers behind new staking ETFs to delay the launch of the funds until the agency's concerns are resolved.
BCH posts sharp V-shaped recovery after dipping to $391, as buyers return and momentum builds despite global macroeconomic pressures.
The price of Bitcoin has dropped by nearly 4% over the last seven days, indicating the waning bullish momentum in the largest cryptocurrency market. This recent sluggishness has called into question the strength of the latest bull rally that saw the market leader climb to a new all-time high last week. According to an investment data platform, the price of BTC might not be done just yet with its bullish run, with the latest on-chain data suggesting room for further upside movement. Is BTC In An Overheated Market Condition Yet? Market analytics firm Alphractal took to the social media platform X to share an exciting on-chain insight into the current setup of the Bitcoin price. According to the blockchain company, the price of BTC sits in an interesting position that could profit only “attentive” investors. Related Reading: This Chart Warns Bitcoin’s Momentum May Be Running Out, Here’s Why The relevant metric here is the Sharpe Ratio, which evaluates the risk-adjusted returns of a specific asset (Bitcoin, in this scenario). This indicator basically measures how much profit an investment offers per unit of risk (considering risk is measured by volatility). A rising Sharpe Ratio typically indicates a higher risk-adjusted performance. On the other hand, when this metric is in a downward trend, it implies that the coin is in a “lower-risk zone” and profits are becoming less significant. As observed in the chart above, the Bitcoin Sharpe Ratio (blue line) has not yet reached the upper trendline (red dashed line) — a crucial level that has served as a market peak indicator in the past. The indicator suggests that the flagship is currently in a zone of medium risk, implying that the market is less prone to uncontrolled movements. Alphractal noted: The upper trend line (red dashed line) has functioned as an excellent signal for moments of excessive euphoria in the Bitcoin market. The fact that we haven’t touched this region yet indicates there may be room for additional appreciation in the current cycle. While the Bitcoin Sharpe Ratio is still away from the region that signaled the past tops of the 2013, 2017, and 2021 cycles, investors might still want to apply some level of cautious optimism in their market approach. This is especially as the metric’s current values have historically coincided with both optimistic rallies and pessimistic corrections. Bitcoin Price At A Glance As of this writing, the price of BTC sits just above the $104,100 level, reflecting an over 1% decline in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is down by more than 3% in the last seven days. Featured image created by Dall-E, chart from TradingView
Wynn’s high-leverage crypto trades on Hyperliquid resulted in a net loss of over $17 million and captivated the community.
Institutional investors show mixed signals on UNI as global trade tensions fuel sharp intraday volatility and volume spikes across key support and resistance zones.
Despite the end of the streak, BlackRock's Bitcoin fund continues to dominate the market, with more than triple the assets of its main competitor.
The offering includes free subscription warrants and aims to position bitcoin as a primary strategic asset in Méliuz’s treasury.
Crypto policy is a key issue ahead of South Korea’s June 3 election, with both parties backing ETFs and stablecoin reforms.
The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on May 12, XRP has posted consecutive lower highs on the daily timeframe, slipping further from its May peak of $2.65. This ongoing decline comes after a rally that started last month, which saw the XRP price rebound from $1.80 in early April. However, the momentum that drove that surge has now been overtaken by a clear wave of red candles, and technical analysis suggests that the XRP price can crash below $2 again in the coming days to the April low. MasterAnanda Flags Risk Of Further XRP Downside A recent technical update shared by analyst MasterAnanda on TradingView reinforces the short-term bearish sentiment. The chart shared alongside the analysis shows XRP has broken down from a rising channel, with three consecutive daily closes below the lower trendline. Related Reading: Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally These three consecutive red days have rejected the setup of an upwards bounce on the lower trendline. Although XRP is still trading above $2 right now, the longer it continues to trade below the $2.30 region, the more likely a steeper drop becomes. In his analysis on TradingView, the analyst MasterAnanda acknowledged that XRP may appear due for a rebound, but the underlying signals tell a different story. “It looks like XRPUSDT can recover any minute now, but the correction might not be over,” the analyst noted. Interestingly, despite the ongoing decline, bearish volume has been quite low. This shows that the selling may not be particularly strong, but also not challenged. This low-volume pullback suggests the market is drifting down due to a lack of buyers rather than intense selling pressure. Even so, the analyst noted that XRP has yet to reach a solid support level. XRP Bullish Long-Term, But Can Crash Below $2 Although the short-term chart paints a troubling picture, MasterAnanda is confident in XRP’s bullish trajectory in the long term. However, the Fibonacci retracement levels marked on the chart show that the price has already dropped through the 0.382 zone and is hovering near the 0.236 line at $2.035. Beneath that, the low near $1.75 is the critical area to watch, which aligns with the analyst’s projected support zone. Related Reading: Can XRP Market Cap Touch $1.5 Trillion? Analyst Reveals The Math Behind It If XRP fails to hold above $2.00, it could slip toward that higher low. A red arrow drawn on the daily candlestick timeframe chart shows the trajectory of this decline. As such, XRP traders should prepare for the possibility of a strong downside unless a strong reversal happens before the crypto breaks below $2. XRP’s bearish sentiment is gradually intensifying. If this correction continues unchecked, a retest of the $1.70 to $1.80 range may come sooner than expected. At the time of writing, XRP is trading at $2.13, down by 3.85% in the past 24 hours and 8.9% in the past seven days. Featured image from Getty Images, chart from Tradingview.com
APT shows resilience after sharp correction, with signs of accumulation emerging near $4.55 as traders eye recovery amid global economic uncertainty.
Brad Lander criticized Mayor Eric Adams' proposed "BitBond," saying it could jeopardize NYC’s credit reputation
U.S. President Donald Trump held a black-tie dinner at his Virginia golf club for 25 holders of his meme token, $TRUMP. This was a highly publicized event where crypto moguls had to spend millions of dollars for a seat at the table. Among those in attendance was Justin Sun, the billionaire founder of Tron, who …
Analysts say Ethereum’s breakout versus Bitcoin could trigger a 250x altcoin market rally, signaling the start of a 2025 altseason.
The CEO argued that the country needs to focus on essential resources like ammunition and rare earths.
Ulbricht's final ID card scored a winning bid of 11 BTC, the most for any item in the collection of prison-related memorabilia.
Key Takeaways: AVAX dropped 13.49% this week to $20.07, breaking February’s low and nearing the March critical support at $15.28. A 6.82% drop in DeFi TVL and $2.47M net outflow on May 31 shows strong risk-off behavior. SEC’s delay of Grayscale’s AVAX ETF decision to July 15 hit market confidence. Descending triangle breakdown confirmed as …
The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start of what could be a disappointing downward run over the coming weeks. The latest technical price data indicate a potential bearish trend reversal for the price of BTC, with the market leader at risk of losing its six-figure valuation. Which Technical Indicators Are Sounding The Sell Alarm? In a May 30 post on the X platform, crypto analyst Burak Kesmeci provided a technical insight into the price of Bitcoin, explaining that signs are quickly turning bearish for the flagship cryptocurrency. The online pundit projected that BTC could face a severe price downturn to around the $93,000 level in the near future. Related Reading: Halfway To Clean: Bitcoin Hits 50% Renewable Mark, Ripple Chairman Reacts Kesmeci highlighted changes in some technical indicators on the daily timeframe, suggesting that a correction might be on the horizon for the Bitcoin price. One of these indicators is the daily Relative Strength Index (RSI), a momentum indicator that estimates the speed and magnitude of an asset’s price movements. As observed in the chart above, the daily RSI is around 51 points and below the 14-day simple moving average (SMA). According to the crypto analyst, this technical indicator shift points to a weakening bullish momentum for the Bitcoin price. Kesmeci also noted that the Fixed Range Volume Profile (FRVP), which analyzes trading volume around a price region, signals a heavy trading zone around the $103,500 level. A sustained close beneath this level could lead to elevated selling pressure for the flagship cryptocurrency, the analyst said. Furthermore, Kesmeci mentioned that the AlphaTrend indicates that a second close below 106.269 may trigger a “sell” signal for the Bitcoin price. Meanwhile, the Average Directional Index (ADX) suggests that the bears are gaining the upper hand in the market. Finally, Kesmeci pinpointed the next target at the 0.5 Fibonnaci level and the FRVP Value Area Low (VAL), both of which could be considered major support zones, at around $93,000 and $91,800, respectively. Ultimately, all these technical levels suggest that the Bitcoin price may correct to the $91,000 – $93,000 bracket. Bitcoin Price At A Glance As of this writing, the price of BTC is hovering around the $104,000 mark, reflecting an almost 2% decline in the past 24 hours. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support Featured image from iStock, chart from TradingView
Crypto executives and investors are turning to kidnap and ransom insurance as violent attacks targeting crypto wealth continue to rise.
This month, Bitcoin hit $111,000, crypto laws in the United States blazed ahead yet again, and Coinbase joined the S&P 500.
Story Highlights Ethereum price fell nearly 10% to $2,530 after rejecting the $2,800 resistance. Analysts confirm significant whale buys, including a stockpile of 1 million ETH worth over $2.5 billion. Ethereum shows the highest net flows compared to other blockchains, indicating strong fundamentals. After the Ethereum price failed to break the $2,800 hurdle on Thursday, …
I got a call from someone claiming to represent Coinbase, wanting to help me secure my account.