The Ethereum price action is raising red flags among analysts, with technical indicators pointing toward a potential crash to the $2,000 level. Despite experiencing a significant uptick recently following Bitcoin’s price surge, concerns continue to grow that a deeper correction may be unfolding. Ethereum Price Crash To $2,000 Imminent Based on a new report by Master Ananda, a TradingView crypto analyst, the Ethereum market is flashing warning signs as its price struggles below the critical resistance zone. At press time, Ethereum is trading at approximately $2,605 after being rejected from a local high of around $2,788. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Ethereum’s 4-hour chart presented by Master Ananda shows that the top altcoin has likely completed a short-term top, and now a corrective move is in play. The analysis hints at a looming price crash, with technical forecasts suggesting a retracement toward the $2,000 level or lower before the next bullish impulse. The analyst’s bearish continuation thesis appears to be a high-probability setup, with Ethereum expected to revisit lower Fibonacci retracement levels. Notably, the chart reveals a subtle bearish divergence forming as the price pushed slightly higher in May but with diminishing momentum. This, in turn, created a rising resistance line while volume and price action failed to confirm new highs. Noticeably, Ethereum’s price has since broken below the 0.230 Fibonacci level, signaling the possible start of a broader correction phase. The next probable support areas lie at $2,280 (0.382 Fib), $2,085 (0.5 Fib), and most significantly, the $1,900 price point at the 0.618 Fib Retracement level. The highlighted green zones in Master Ananda’s chart represent potential support and buying areas, which point to the $1,900 to $1,735 (0.618-0.786 Fib) range as the most likely zone for a higher low to form. The previous major low occurred on April 7, and the expectation is that this correction will end above that level. Until then, a short-term correction remains the most likely scenario, and traders are warned to take caution as the chart further highlights a possibly more resounding crash to $1,385. ETH Trade Strategy: Buy The Dip And Go Long While sharing his bearish thesis for Ethereum, Master Ananda also provided a clear strategy for investors and traders. He advised long-term holders to wait patiently for the projected drop and assess the support reaction before looking for clear reversal signals. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Buying into support zones like $1,900 or even as low as $1,736 could provide optimal entry points for long-term positions. While bears may still attempt to short the market, Master Ananda assures that the downside remains limited. The analyst emphasizes the importance of planning and avoiding impulsive trading by creating ideal entry and exit points while respecting the prevailing market trend. With Ethereum’s bullish outlook still intact, this projected price crash could become an opportunity for many traders instead of a threat. Featured image from Getty Images, chart from Tradingview.com
According to a recent video by angel investor and crypto influencer Armando Pantoja, many XRP holders feel stuck as rival coins keep climbing. He pointed out that focusing only on getting XRP to $10,000 misses the point. Instead, he urged people to look at returns and real uses. This shift in perspective could change how investors see the token’s potential. Related Reading: Pepe Makes It To Trump’s Feed—Is A Crypto Endorsement Next? Emphasis On ROI Based on reports, Pantoja noted that wanting XRP at $10,000 is unrealistic. He said you can get the same gains without waiting for that sky-high price. For example, Bitcoin would need to hit over $300,000 to triple your stake if you bought it at today’s levels. But XRP only needs to reach about $8 from its current trading price near $2.30 to yield the same ROI. That’s a big gap. If you bought XRP at $2.30, a move to $8 feels more achievable—for some, at least. While Bitcoin’s market cap towers over others, XRP’s total value is around 7% of that of Bitcoin’s. This smaller size means it could swing more on positive news. Should I sell all my $XRP for $BTC Just got back from #bitcoinconference2025 pic.twitter.com/CobVAasjbC — Armando Pantoja (@_TallGuyTycoon) May 30, 2025 Comparing Market Caps And Gains Bitcoin recently touched a new all-time high near $112,000. Meanwhile, XRP held around $2.30 in value. Investors pointed to this gap as proof that XRP had no momentum. But Pantoja reminded his audience that XRP climbed over 300% over the past year, while Bitcoin rose by 50% over the same period. Those figures show that past performance for XRP has outpaced Bitcoin’s in percentage terms. This is based on reports that track prices from June last year to now. Still, the wider market’s focus tends to follow Bitcoin’s chart. When BTC booms, altcoins often run too. But sometimes they trail behind or fall back harder. XRP’s Payment Use Case Based on reports around its network, XRP stands out for speed and cost. It can settle a payment in a matter of seconds and handle up to 1,500 transactions per second. That’s fast, especially when compared to the SWIFT network used by banks. Fees are low enough that moving funds across borders can cost mere pennies. Pantoja said this real-world utility is more valuable than hype. He urged investors to think about banks or money-service companies adopting XRP for cross-border transfers. Such adoption could drive demand more than price rumors ever will. Related Reading: Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies Investor Perspective And Risks Meanwhile, investors shouldn’t ignore risks. XRP still faces a legal fight with the US Securities and Exchange Commission. That uncertainty has made many traders wary. Bigger players in finance tend to wait until the case wraps up before making big moves. Featured image from Unsplash, chart from TradingView
Bitcoin continues to showcase resilience in the current cryptocurrency market cycle, consistently setting new records while many altcoins remain below their previous peaks. Currently trading just above $104,000, Bitcoin has recently retraced from its all-time high above $111,000, set last month. Contrasting Bitcoin’s consistent growth, Ethereum and other prominent altcoins have yet to surpass historical highs that they reached several years ago, highlighting a notable divergence in market performance. This divergence has been a focal point among analysts, prompting a deeper examination of investor behavior and capital flows between Bitcoin and altcoins. Recent insights from CryptoQuant analyst Dan suggest that while Bitcoin remains dominant, the situation for altcoins might shift in the upcoming phase of the crypto market cycle. Related Reading: Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000 Bitcoin Investor Behavior Suggests Potential Shift Ahead CryptoQuant analyst Crypto Dan recently explored the broader implications of this Bitcoin-dominated cycle in his market commentary. According to Dan’s analysis, previous market cycles typically saw a gradual reduction in mid-to-long-term Bitcoin holdings as investor capital redistributed into altcoins. This shift traditionally drove altcoins significantly higher, usually marking the late stages of a bullish cycle. However, this cycle exhibits a different pattern. Frequent minor corrections in Bitcoin’s price are followed by more significant and sharp downturns for altcoins, demonstrating persistent weakness. Crypto Dan notes that currently, very few altcoin investors have realized meaningful profits, an unusual circumstance compared to prior cycles. Related Reading: Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming? Despite this ongoing difficulty for altcoin holders, the analyst maintains optimism, emphasizing that historical patterns suggest Bitcoin’s dominance typically declines towards the end of each cycle. If history repeats, altcoins might experience substantial upward movements as the cycle approaches its maturity. Thus, while altcoins currently underperform, investors are advised to maintain patience until Bitcoin’s momentum reaches its final bullish push, potentially signaling a turning point. Whale Activities Hint at Upcoming Altcoin Attention Complementing this perspective, another analyst from CryptoQuant, Maartunn, provided insights into stablecoin inflows to major exchanges. Specifically, Maartunn highlighted that over 75% of Tether (USDT) deposits to Binance, tracked via the TRC-20 network, originated from large wallets, commonly known as whales, since November 2023. Over 75% of USDT Inflows to Binance Are from Whales “The data shows a clear trend: whales prefer Binance. Since November 2023, approximately 75% of total USDT deposits to Binance have originated from whale addresses.” – By @JA_Maartun pic.twitter.com/KCBA8cVCdb — CryptoQuant.com (@cryptoquant_com) June 2, 2025 This substantial concentration of whale activity suggests that major market participants prefer Binance for significant capital movements involving stablecoins. The notable whale-driven inflows to Binance could indicate preparation for substantial market activity, including potential purchasing of Bitcoin or an eventual shift towards altcoins. Historically, stablecoin deposits from large holders precede increased volatility and trading activity, as whales position themselves strategically in anticipation of market shifts. Featured image created with DALL-E, Chart from TradingView
Crypto pundit Crypto GEM has provided an ultra-bullish outlook for the Ethereum price, predicting that it could reach a new all-time high (ATH) this market cycle. Based on his prediction, ETH could record a 3x gain as it makes this parabolic run. Ethereum Price To Rally To $8,000 In an X post, Crypto GEM declared that the Ethereum price will go parabolic this cycle, predicting that it can reach as high as $8,000. His accompanying chart showed that ETH can reach this target by July 2026. Crypto analyst Mikybull Crypto has also stated that his targets for ETH in this cycle are between $8,000 and $10,000. Related Reading: Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’ In a recent analysis, Mikybull Crypto revealed that the current Ethereum price was showing a similar price action to the 2017 market cycle. Based on this similarity, he remarked that ETH might pull a higher price target to at least $8,000. Despite the altcoin’s underperformance in this cycle, the analyst has been one of those who have been confident that it will still record a parabolic rally in this bull run. In the short term, Mikybull Crypto predicts that the Ethereum price can rally above $3,000. In an X post, he stated that ETH is still coiling up within the ascending triangle. He added that the target is $3,200 on this potential breakout. He again reaffirmed this prediction in another X analysis. The analyst claimed that the same formation is playing out in a different scenario and remarked that market participants should prepare for a “melt-up.” His accompanying chart showed that the Ethereum price could even rally above $3,600 on this run-up. This would put ETH close to the psychological $4,000 price, which could pave the way for the run to a new all-time high (ATH). ETH Eyes $3,800 As Bull Flag Forms In an X post, crypto analyst Titan of Crypto predicted that the Ethereum price could rally to $3,800 as a bull flag forms. He stated that ETH just broke out and that this bullish pattern is playing out. If confirmed, the analyst remarked that the next target sits around $3,800. This is just an intermediate target as Titan of Crypto expects Ethereum to rally higher in the long run. Related Reading: Ethereum Founder Pushes ETH As Cash-Substitute, Can This Drive Price Above $4,000? Like Crypto GEM and Mikybull Crypto, the analyst also believes that the Ethereum price can reach $8,000 at some point. In an X post, Titan of Crypto highlighted Ethereum’s market structure and potential targets. The first target for ETH is just above $5,000, the second is just above $7,000, and the third target is $8,500. At the time of writing, the Ethereum price is trading at around $2,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The price action of Dogecoin in the past 48 hours have seen it finally break below the $0.2 mark after a whole week of bullish investors trying to hold above the $0.22 support level. However, this break below the $0.22 support has cascaded into a string of selloffs that eventually pushed Dogecoin below $0.2. The mood was further complicated by a recent on-chain development of a massive inflow of Dogecoin into crypto exchange Coinbase that has raised eyebrows across the crypto community. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script 312 Million Dogecoin Moved Into Crypto Exchange Coinbase According to data from blockchain monitoring platform Whale Alert, three large Dogecoin transactions were recorded in rapid succession, each involving 104,125,016 DOGE valued at approximately $20.09 million. These transfers were sent from three different wallets to the Coinbase exchange, bringing the total moved to 312,375,048 DOGE, worth over $60 million at the time of the transaction. ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ZHkkBkN9Bm — Whale Alert (@whale_alert) May 31, 2025 ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/4x6lIhHDSk — Whale Alert (@whale_alert) May 31, 2025 ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/6G8vEk2Hnj — Whale Alert (@whale_alert) May 31, 2025 Although the wallets are technically separate, their identical balances, timing, and synchronized movement strongly suggest they are controlled by a single entity. On-chain history reveals that these wallets started receiving Dogecoin in October 2021, five months after the cryptocurrency reached its all-time high of $0.7316 in May 2021. Fresh inflows were added again in 2022, but since then, there had been little to no incoming activity. Furthermore, these addresses haven’t had any outgoing activity since their creation, until now. This makes the recent transfers not only unusual but significant, as it marks the first time these tokens are being moved out and directly to an exchange. Brace For Impact? What This Means For DOGE Price The immediate concern for investors is whether these transfers is the precursor to an impending selloff. Sending over 312 million DOGE to Coinbase could be interpreted as a move to liquidate, especially if the whale behind these wallets intends to take profits after holding the asset dormant for nearly two years. Such a sale will introduce substantial selling pressure to Dogecoin, which is already currently struggling to get market demand to absorb selling pressure. On the other hand, not all large transfers to exchanges indicate bearish intent. There is a realistic possibility that the wallets are not externally owned but rather belong to Coinbase itself. In that case, the transfers may simply represent internal restructuring or cold-to-hot wallet reallocation, which poses no threat to price action. At present, there is no conclusive evidence confirming either scenario, and the uncertainty is enough to keep retail Dogecoin traders on alert. Related Reading: Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests Interestingly, Dogecoin’s price might already be showing strong volatility in response to the movement. At the time of writing, Dogecoin was trading at $0.188, down by 0.35% and 14% in the past 24 hours and seven days, respectively. Featured image from Unsplash, chart from TradingView
Although the past 24 hours have been characterized by heavy selloffs, Bitcoin is still currently holding above the $100,000 level, trading around $103,700 as of the time of writing. Notably, signs of exhaustion are also beginning to surface for Bitcoin, especially in the past 48 hours. While long-term indicators suggest a bullish continuation for the Bitcoin price, short-term models indicate a breakdown of bullish strength, particularly as the cryptocurrency approaches the critical $100,000 support zone. Related Reading: $10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare This sentiment is relayed by popular crypto analyst Willy Woo, who shared the good and bad news based on Bitcoin’s current technicals. Good News: A Bullish Long-Term Signal Still Intact According to Woo, one of the strongest long-term signals, the Bitcoin Risk Signal, is currently trending downwards. This drop indicates that buy-side liquidity is currently dominant in the long-term environment, setting the stage for another strong leg upward. The lower the risk reading, the safer it is to hold or accumulate Bitcoin, and this signal’s current decline shows a relatively low-risk environment for long-term investors. Woo noted that this long-term setup is intact, and with Bitcoin trading well above the psychological six-figure mark, the momentum is still in favor of the bulls in the long term. At the time of writing, the local risk model, as shown in the chart below, is currently in the mid-range, having declined from peak levels in early 2025, and is expected to continue trending downwards. In another analysis, Willy Woo noted the next significant move could push it above $114,000 and trigger liquidations of short positions. Bad News For Bitcoin Price Although the long-term picture is still favorable, the short-term models, including the Speculation and SOPR (Spent Output Profit Ratio) metrics, are flashing caution. Using this indicator, Woo noted that the strength of the rally from $75,000 to $112,000 has started to weaken, especially with flat capital inflow in the past three days. Keeping this in mind, Bitcoin’s price action this week is critical. “If we do not get follow through, then we will be up for another consolidation period,” the analyst said. If spot buying fails to pick up strongly in the coming week, which is the first week of June, especially with U.S. markets reopening after a long weekend, there will be a chance for a bearish pivot. The good and bad news can be summed up as follows: if buying pressure opens up quickly, Bitcoin could break above $114,000 and head toward the next major liquidity zone between $118,000 and $120,000. Failure to push higher could confirm bearish divergences and set the stage for another round of consolidation. Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ At the time of writing, Bitcoin is trading at 103,700, down by 1.5% and 3.9% in the past 24 hours and seven days, respectively. Featured image from Unsplash, chart from TradingView
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
Ethereum’s price action has demonstrated a pullback in recent days, reacting to broader market cues, including geopolitical developments. As of the time of writing, the asset is trading at $2,621, marking a 3.2% decline over the last 24 hours. The drop follows recent reports of a federal court reinstating US President Donald Trump’s tariffs, which appear to have triggered a brief wave of risk-off sentiment across the crypto asset space. Despite this short-term weakness, ETH remains up approximately 45% over the past month, supported by momentum built earlier in the quarter. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus Large Ethereum Inflows to Binance Spark Caution This latest pullback coincides with a notable increase in on-chain activity, particularly surrounding Ethereum transfers to exchanges. On May 27, an unusually large transfer of ETH was observed moving to Binance, a trend that has caught the attention of a CryptoQuant analyst monitoring potential profit-taking behavior. Parallel to this, Bitcoin’s Net Unrealized Profit/Loss (NUPL) metric has reached a key level historically associated with market cooling phases, hinting that broader sentiment may be at a transitional point. According to CryptoQuant contributor Amr Taha, Ethereum experienced a substantial net inflow of approximately 385,000 ETH to Binance beginning on May 27. This marks one of the largest daily exchange inflows for the asset in recent months. Exchange inflows of this magnitude are often interpreted as signals of increased selling intent, particularly when driven by larger holders or institutional entities. The movement of such a high volume of ETH to a centralized exchange may reflect preparations for liquidity provision or anticipated market volatility. At the same time, Bitcoin’s NUPL, a metric that calculates the difference between unrealized profits and losses relative to market cap, has approached the 0.6 threshold. Historically, this level has acted as a pivot point where investors begin realizing gains, typically leading to price consolidation or downward pressure. Previous occurrences in early March and late 2024 saw NUPL at similar levels, followed by pullbacks in Bitcoin’s price, which also influenced broader market direction. Signals Suggest Potential Consolidation Phase Taken together, these developments present key indicators that market participants are adjusting their positions amid heightened uncertainty. Taha emphasized that while not definitive sell signals, the 385,000 ETH inflow to Binance and the NUPL’s rise to 0.6 are noteworthy. In prior cycles, similar patterns coincided with phases where investors reduced exposure or rotated assets. As ETH remains near local highs, the potential for short-term correction or sideways movement cannot be dismissed. Related Reading: Ethereum Market Outlook: Technical Indicators Signal Possible Continuation of Uptrend Taha concluded that investors may consider monitoring exchange inflows alongside NUPL and other on-chain metrics to better gauge sentiment shifts. Additionally, developments in regulatory or macroeconomic narratives, such as US trade policies or broader equity market behavior, could further influence crypto price dynamics. While Ethereum continues to demonstrate long-term strength, recent signals point to a phase of caution and strategic reassessment in the near term. Featured image created with DALL-E, Chart from TradingView
Bitcoin’s recent upward trajectory has encountered resistance after reaching a record-breaking peak of over $111,000 last week. Following this new all-time high, Bitcoin has retraced approximately 4% in the past seven days, bringing its current trading price down to $105,485. This represents a daily decline of 1.8%, reflecting cautious market sentiment and potential profit-taking among traders. In light of these recent price movements, a CryptoQuant analyst has been closely observing market dynamics, particularly concerning the launch of the Bitcoin Exchange-Traded Fund (ETF). A detailed analysis provided by Joao Wedson, a contributor to CryptoQuant’s QuickTake platform, has shed new light on the liquidation trends observed in Bitcoin compared to other cryptocurrencies, also known as altcoins. Related Reading: This Chart Warns Bitcoin’s Momentum May Be Running Out, Here’s Why Liquidation Disparity Between Bitcoin and Altcoins Since the launch of the Bitcoin ETF, market behaviors have demonstrated a notable divergence between Bitcoin and altcoin liquidations. According to Wedson, Bitcoin liquidations on Binance have predominantly involved short positions, indicating traders who bet against Bitcoin were systematically liquidated during its recent price rise. Specifically, the Cumulative Liquidation Delta (CLD) showed short liquidations surpassing longs by approximately $190 million. This suggests market participants holding bearish positions were compelled to exit as Bitcoin’s value surged, pushing the price further upward. In stark contrast, altcoins have experienced a markedly different scenario. During the same period, altcoins faced nearly $1 billion more in long liquidations compared to shorts. This liquidation imbalance indicates that traders betting on a broad altcoin recovery faced substantial losses. The sustained downward pressure on altcoins reveals the failure of expectations surrounding an “Altseason,” a period when alternative cryptocurrencies typically outperform BTC. Implications of Market Asymmetry The distinct patterns in liquidations between BTC and altcoins reflect critical shifts in investor risk sentiment and leverage usage. BTC’s favorable price performance primarily impacted traders with bearish outlooks, forcing the liquidation of short positions and contributing to a bullish market perception. Conversely, the altcoin sector’s persistent price declines have led to widespread liquidation of bullish positions, highlighting the misalignment between trader expectations and actual market behavior. According to Wedson, since December 2024, this liquidation asymmetry has widened considerably, underscoring a shift in market focus. Investors have increasingly viewed BTC as a safer or more reliable bet amidst broader market uncertainty, while altcoins have suffered due to heightened leverage and speculative positioning. Related Reading: Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming? This trend has intensified following the ETF’s approval, as traders appear more confident betting on Bitcoin’s stability and growth potential compared to the volatility and unpredictability of the altcoin market. Moving forward, the current market conditions suggest that investors may continue to approach Bitcoin with measured optimism while maintaining a cautious stance toward altcoins. Featured image created with DALL-E, Chart from TradingView
In an interview with Korean crypto researcher Juhyuk Bak, also known as @JuhyukB, Capriole Investments CEO Charles Edwards laid out a striking divergence in the crypto asset markets: while Bitcoin could double this year, altcoins remain structurally impaired and far from any meaningful rotation. Bitcoin Could Hit $200,000 This Year Speaking from the perspective of a macro quant hedge fund operator, Edwards was unequivocally bullish on Bitcoin, stating, “If the data stays in the current trend we’re in, I think $150–200K is definitely possible this year.” The founder of Capriole, a fund known for pioneering on-chain valuation models like Hash Ribbons, Energy Value, and the Macro Index, grounded this forecast in a web of interlocking technical, sentiment, and macroeconomic signals. Related Reading: Bitcoin Warning: Bull Trap Or $270,000 Rocket? Analyst Exposes What’s Coming “We’re printing new all-time highs on daily and weekly closes,” Edwards noted. “As long as we stay above $104K […] as long as the Macro Index trends up, and US liquidity continues to rise, this environment is very bullish.” Capriole’s proprietary Macro Index—a machine learning model aggregating over 100 inputs from Fed liquidity to bond and equity markets—has turned decisively positive. Bitcoin’s rally, Edwards emphasized, is further reinforced by metrics like MVRV Z-Score, Hodler Growth Rates, and Energy Value, all signaling room for expansion. But while Bitcoin shows strength across multiple dimensions, altcoins are telling a very different story. The Death Of The Old Altcoin Cycle Edwards refrained from naming specific altcoins but delivered a clear macro verdict: the capital flow dynamics have changed, and altcoins are no longer on an equal footing with Bitcoin. “Structurally, things are quite a bit different this cycle […] the biggest driving forces are Bitcoin ETFs and US policy. That’s creating a centralizing effect—funneling capital directly into Bitcoin,” he explained. He pointed to the historical cycles of retail-led altcoin rallies, followed by catastrophic drawdowns—often exceeding 99% losses. “Retail has just gotten destroyed,” he said bluntly. “There’s a fatigue in the altcoin space that wasn’t there four or five years ago.” Related Reading: Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock The legacy of failed ICOs, broken tokenomics, and events like the FTX collapse have left lasting scars. Meanwhile, institutions are avoiding the risks and complexity of smaller-cap digital assets, opting instead for regulated Bitcoin exposure through ETFs and corporate treasury allocations. “It used to be more of a level playing field. That’s no longer the case,” Edwards said. “The real money is flowing into Bitcoin—and that probably continues for a while.” When Will Altcoins Wake Up? Despite the grim tone, Edwards does not dismiss altcoins entirely. He views a strong altcoin cycle as conditional—not impossible, but dependent on clear Bitcoin dominance first. Using Capriole’s Speculation Index and Crypto Breadth models, which track the relative strength and price movement of altcoins, he made a key observation: “Right now, only 5% of altcoins are above their 200-day moving average. That’s not bullish.” He compared the current setup to late 2020, when Bitcoin surged from $10K to $60K before altcoins began outperforming. That rotation required Bitcoin to first breach previous all-time highs decisively. “You want Bitcoin to hit something like $140K while alts are still underperforming. That would be the ideal setup […] that’s when capital begins rotating downstream,” he explained. Conversely, if altcoins begin pumping prematurely, while Bitcoin remains range bound, Edwards sees that as a top signal. “That’s usually the last puff of air,” he warned. Cycles Are Changing, Risks Are Evolving Beyond price action, Edwards questioned the relevance of traditional halving cycles. He argued that the impact of miners—once the primary driver of Bitcoin supply dynamics—has diminished significantly due to ETFs, corporate treasuries, and sovereign actors like Michael Saylor. “That four-year cycle is dead—or at least dramatically weaker. Miners are now just 2–3% of the total supply flow. The real drivers today are institutions,” he said. This evolution reduces the probability of 80% drawdowns and increases the risk of systemic leverage—particularly from publicly traded Bitcoin-heavy firms. While not an immediate concern, Edwards sees potential for long-term vulnerabilities if major players overextend. Edwards also discussed diversification within Capriole’s portfolio. While Bitcoin remains the firm’s core allocation, he revealed exposure to quantum computing equities like IonQ (IONQ), Rigetti (RGTI), D-Wave (QBTS), and QUBT. “I think quantum is like Bitcoin in 2015. It’s early, it’s volatile, but the long-term CAGR could be even higher than Bitcoin’s.” He added that gold also plays a strategic role, not as a replacement but as a hedge. Capriole monitors the gold-to-equity ratio closely, and its breakout above the 200-day moving average is seen as a historically bullish signal—both for gold and Bitcoin. In closing, Edwards urged investors to tune out most of the financial news cycle. “Probably 99% of headlines don’t matter,” he said. Instead, focus on game-changing shifts: Fed pivots, global liquidity expansions, and true structural reconfigurations of capital flow. “We’re wired to overreact to bad news. The key is to filter it down to a few macro drivers that actually move the market—and Bitcoin right now has those working in its favor.” Until altcoins show meaningful breadth and break their long-term resistance structures, Edwards’ message is clear: Bitcoin will soar. Altcoins won’t—at least, not yet. At press time, BTC traded at $105,557. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which could send the XRP price to as high as $22. This comes just as the analyst predicted that the altcoin could hit a $1.5 trillion market. XRP Price Eyes Rally To $22 As Bullish Candle Forms In an X post, Egrag Crypto predicted that candle 13 on the yearly chart could be the breakout candle that sends the XRP price to $13 or $22. He also raised the possibility of the altcoin surging above these price levels, with a wick extending even higher. Based on his analysis of Candle 9, the 2021 yearly candle, the analyst noted that Candle 13 points to a target of around $17. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto remarked that this aligns perfectly between $13 and $22 for the XRP price. He also commented on Candle 12, noting that it was the strongest Bullish Engulfing pattern. This engulfing process started from Candle 5 and continued through Candle 11. The analyst added that the body of these candles closed above all previous candles, which is a “classic bullish sign.” It is even more bullish when it occurs on a yearly or 12-month chart, as in this case. Commenting on the current XRP price action, Egrag Crypto stated that the noise is still loud on the high timeframes. He noted that the body of Candle 13 is above $1.85, and the wick extends up to around $3.40. The analyst claimed that a close below $1.85 could mark the end of the bull run, while a close above $3.40 confirms that XRP is heading to double digits. Interestingly, the crypto analyst declared that December 31 this year will be a date to remember in XRP history. He remarked that market participants will see where the XRP price stands and what kind of candle formations are shaping up for the legendary year. XRP At A Critical Level In an X post, Crypto analyst CasiTrades noted that the XRP price has returned to the $2.25 range, which is one of the most important levels on the chart. She stated that this zone has acted as both resistance and support since the $0.50 breakout, and now a proper backtest is underway. Related Reading: Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon The analyst revealed that the smaller timeframes show that this level could hold. However, she warned that higher-timeframe confirmation is key and that the XRP price needs daily closes above $2.25 to confirm a bullish pivot. CasiTrades added that whether or not this is the final pivot, this level remains a high-probability zone for buyers. She noted that the next major support is at $1.90 if this $2.25 support fails. At the time of writing, the XRP price is trading at around $2.21, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst Egrag Crypto has made a bold prediction that the XRP price can hit a $1.5 trillion market cap. He revealed how the altcoin can achieve this milestone by alluding to technical indicators, which show the measured move from this current market cap to a $1.5 trillion market cap. How The XRP Price Can Reach $1.5 Trillion Market Cap In an X post, Egrag Crypto stated that the Logarithmic move could send the XRP price to around $1.5 trillion market cap, exceeding the Fib 1.618 by approximately $500 billion. Meanwhile, the Non-Logarithmic move will put the altcoin at around $270 billion, aligning with the Fib 1.618. Related Reading: XRP Price Flashes Signal That Triggered 600% Rally In November 2024 The crypto analyst remarked that he sees two potential growth levels by measuring the previous cycle, the move from Fib 1.0 to Fib 1.618. Based on this, he predicts a 242% increase and a 600% increase. He then highlighted the four possible targets from the lowest to the highest. The first is the projected XRP price rally to a $270 billion market cap in line with the non-logarithmic measured move. The second target is a 242% XRP price rally to a $450 billion market cap, backing the previous cycle’s move from Fib 1.0 to Fib 1.618. The third target is another 242% rally to a $978 billion market cap. Meanwhile, the rally to a $1.5 trillion market cap is the last target, with the Non-Log W pattern measured move for maximum potential. Egrag Crypto highlighted what the XRP price could be based on its current circulating supply of 58.68 billion if it reaches these market cap targets. The altcoin’s price will be $4.60, $7.66, and $16.65 if it reaches the $270 billion, $450 billion, and $978 billion market caps, respectively. Meanwhile, XRP will hit $25.56 if it reaches the $1.5 trillion market cap milestone. Another Analysis To Support This Price Projection In another X post, Egrag Crypto predicted that the XRP price can reach between $13 and $22 based on his analysis of the altcoin’s yearly chart. He stated that candle 13 will be the breakout candle, which will lead to the rally to $13 or $22, with the wick potentially extending even higher. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone He noted that by analyzing Candle 9, the 2021 yearly candle, and its full body move of an 800% gain, applying this increase to Candle 13 points to an XRP price target of around $17. He added that this aligns perfectly between Line 1 at $13 and Line 2 at $22. It is worth mentioning that Egrag Crypto has also predicted that the altcoin could rally to $27 in 60 days, aligning with the $1.5 trillion market cap projection. At the time of writing, the XRP price is trading at around $2.28, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The project has not posted on X since September despite claiming it would release a new roadmap.
Eric Trump believes owning even a small piece of Bitcoin could change someone’s future. Speaking at the Bitcoin 2025 Conference in Las Vegas on May 27, he said 0.1 BTC might become worth a fortune as demand keeps climbing. Bitcoin is now trading at $107,820, making it feel out of reach for many. But Trump insists people shouldn’t worry about owning a full coin. Related Reading: $8 XRP Sounds Huge—But This Analyst Isn’t Cheering Yet He and his brother, Donald Trump Jr., shared their thoughts during a panel discussion moderated by Aaron Arnold from the Altcoin Daily Show. They encouraged everyday investors to take that first step—even if it’s just buying a fraction. Bitcoin’s High Price Sparks Doubts A lot of people now wonder if they’ve already missed the boat. With one Bitcoin costing over $100K, even 0.1 BTC costs around $10,770. That’s still a big chunk of money. Some potential investors are backing off, thinking that small amounts aren’t worth much anymore. “0.1 Bitcoin is going to be worth an absolute fortune.” pic.twitter.com/o3vMTmZZyz — Altcoin Daily (@AltcoinDailyio) May 29, 2025 Arnold addressed this during the panel, saying many feel discouraged when they can’t buy a whole coin. But Donald Trump Jr. said that’s the wrong way to look at it. “People thought Bitcoin was too expensive when it hit $1,000,” he said. Then it was the same at $10,000 and again at $50,000. To him, it’s more important to just start somewhere and learn as you go. Small Investments Lead To Bigger Interest Trump Jr. explained that owning even a little piece of Bitcoin makes people more likely to pay attention to the market. That curiosity, he said, often leads to more learning and deeper involvement. Eric Trump added that everywhere they go—from the Middle East to Europe and Asia—they see strong interest in Bitcoin. He mentioned that both big corporations and wealthy families are trying to get in. According to him, even sovereign wealth funds and private offices are getting serious about Bitcoin. Related Reading: $10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare Scarcity Is Becoming A Bigger Issue Eric also pointed out that it’s becoming harder to find Bitcoin on exchanges. He said he spoke with Simon Gerovich of Metaplanet, who told him over-the-counter desks are running low on Bitcoin, even as demand keeps rising. This shortage could drive prices even higher. Eric believes this is another reason why 0.1 BTC could hold serious value down the road. “People want Bitcoin,” he said, “and they don’t want to sell it.” Featured image from Newsweek, chart from TradingView
Ethereum (ETH), the world’s second-largest cryptocurrency, has experienced considerable price fluctuations recently, trading at approximately $2,633 at the time of writing. The asset registered a mild decline of 1.2% over the past 24 hours, retreating slightly after surpassing the $2,700 mark last week. Despite this short-term retracement, Ethereum has notably appreciated by around 50% within the past month, demonstrating strong price strength and significant market interest. The recent price action has attracted attention from prominent cryptocurrency analysts, particularly from CryptoQuant contributors, who have closely monitored Ethereum’s technical indicators and market behaviors. These analysts have provided insights that suggest potential further movement for ETH, pointing towards critical levels and market metrics that investors might want to observe closely. Related Reading: Ethereum May Be One Dip Away From Mass Losses—Data Warns Ethereum’s Bullish Technical Indicators and Potential Breakout CryptoQuant analyst Ibrahim Cosar recently published a technical analysis outlining a bullish scenario for ETH. According to Cosar, Ethereum has formed a pattern known as a “bull flag,” suggesting a possible upcoming breakout. A bull flag is a chart formation frequently interpreted by traders as indicative of continuing upward momentum after a period of consolidation. Ethereum’s price has oscillated within a defined range between $2,400 and $2,700 for nearly three weeks, creating favorable conditions for such a breakout. Cosar also highlighted Ethereum’s sustained position above the 200-day Exponential Moving Average (EMA), a commonly monitored technical indicator. Historically, remaining consistently above this indicator has signified positive market sentiment and preceded significant price rallies. Given Ethereum’s current position relative to this EMA, Cosar suggested a potential upward move toward a price range between $3,000 and $3,500 could soon materialize. Market-Wide Implications and Retail Activity Another CryptoQuant analyst known as “elcryptotavo” offered a complementary perspective, identifying signals that typically indicate market peaks. Specifically, the analyst mentioned Ethereum’s Open Interest (OI), noting that a notable market signal occurs when Ethereum’s OI surpasses Bitcoin’s, a scenario historically correlated with market tops. Currently, ETH has yet to reach this critical threshold, suggesting, according to this analyst, potential room for further upside before significant corrections could occur. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally Elcryptotavo also provided observations regarding retail trading behaviors. Typically, retail trading activity surges dramatically near market tops, reflecting broad market participation. However, current data on retail trading volumes remain comparatively subdued. This observation implies that institutional investors or large market players are predominantly driving Ethereum’s current rally. A significant increase in retail participation, should it occur, could further sustain and accelerate Ethereum’s upward momentum, a phenomenon previously seen during the 2020–2021 bull cycle. Featured image created with DALL-E, Chart from TradingView
Sui Network has rolled out a $10 million fund to boost security across its system. The move comes after the Cetus Protocol hack that cost users $223 million. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? Based on reports, the money will go toward audits, bug bounties and new developer tools. It’s a major shot across the bow at future attacks, but it raises questions about how those funds will be decided and spent. Source: X The Money And The Plan According to Sui’s team, the $10 million security fund isn’t just a pool of cash. It’s a shared resource that developers and community members will help guide. Bug bounties will be offered to anyone who finds serious flaws. Doubling down on Sui security. A thread ???? The root cause of the Cetus incident was a bug in a Cetus math library, not a vulnerability in Sui or Move. But the impact on users is the same. We need to take a holistic perspective and step up our game on supporting ecosystem… — Sui (@SuiNetwork) May 26, 2025 Audits will dig into both core code and popular dApps. And new tools aim to make it easier for builders to catch problems before they hit mainnet. Governance Tensions On Display According to reports, Sui is also asking token holders to vote on whether to return some of the frozen assets to Cetus users. That plan has stoked debate. Critics say letting validators swing such decisions could put too much power in a small group. Sui’s Foundation has promised to stay neutral, but opinions are split on what “neutral” really means. Incentives To Catch The Hacker Cetus has put up a $6 million white‐hat bounty to recover stolen funds. Sui has added another $5 million reward for any tip that leads to the hacker’s capture. That’s $11 million on the table for a single exploit. It sounds big. But some security experts wonder if the process will slow down or if critical details will get lost in legal wrangling. Price Rebound Since the hack, SUI’s price slid about 15%. It went from roughly $4.28 to a low near $3.50. At press time, it was on recovery mode, up 6% and trading at $3.72. SUI price up in the last 24 hours. Source: Coingecko Related Reading: Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO What Comes Next For DeFi On Sui Total value locked (TVL) has begun inching up again. Bridged TVL, which tracks assets coming in from other blockchains, has seen a noticeable bump. Yet DEX volume and app revenue haven’t fully bounced back to pre‐hack figures. Featured image from Unsplash, chart from TradingView
Investors betting on XRP reaching $8 before year’s end may want to take a step back, according to a well-known commentator in the community. Related Reading: Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO XRP analyst Xena asks whether a jump from around $2.31 to $8 is really a big win for a token that many have seen as having much more upside. It’s a reminder that what looks like solid progress might still leave everyday holders waiting for a true breakthrough. Xena Questions $8 As A True Milestone According to Xena, topping $8 would be a solid move, but it falls short of the “life-changing” levels some have talked about for over five years. She points out that other tokens, like Solana and Quant, went from under $1 to double- or triple-digit prices in a few months. XRP has yet to pull off that kind of leap. She asks, “What would be so special about XRP if $8 is what they expect?” Now people get excited by $8 XRP this year. I’m sure the bear is secretly laughing and thinking “only?”. No doubt $8 is better than $2, I don’t question that. But having those influencers being bullish about XRP for years, now getting excited by $8 is laughable. How many… pic.twitter.com/U4MsVaInaw — Xena XRP (@XenaXrp) May 26, 2025 Potential Gains For Big Holders Based on reports, XRP is trading at $2.31, down 1.1% over the last 24 hours and more than 45% below its all-time high. A rise to $8 would mean around 240% gain. That’s nothing to sneeze at. A $60,000 stake could grow to over $206,000. And someone holding $300,000 worth today could pass the $1 million mark. Those are big numbers for those who can afford big bets. Small Wallets Spot Smaller Wins On the flip side, retail investors with smaller holdings would see less dramatic gains. Over 5 million XRP wallets hold about $1,000 worth of the token. At $8 per XRP, those portfolios would climb to roughly $4,000. It’s a welcome return. But it’s not going to buy a new home or wipe out student debt. For many, it’s just a solid profit. Lofty Dreams Of $1,000 Prices Some in the XRP Army have set their sights much higher. They imagine XRP at $1,000. In that case, a $1,000 investment now would be worth around $500,000. According to Matthew Brienen, an executive at CryptoGuard, hitting those levels could take a decade or more. That timeline keeps a true moonshot firmly in the realm of long-term hopes. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? A key point in Xena’s take is how influencers shape expectations. She says many YouTubers and content creators have built six-figure XRP bags and cash flows through community support. Those personalities might push an $8 target because it sounds exciting—yet it’s not life-altering for their own stakes. Meanwhile, everyday holders who bought and held through legal battles still wait for a move that really changes their financial picture. Featured image from Gemini, chart from TradingView
TRON (TRX) has been gaining upward momentum alongside the broader cryptocurrency market, reflecting strong price performance in recent weeks. The crypto asset has climbed over 10% in the past month, with its current price at $0.2748, reflecting a modest 0.7% increase in the past 24 hours. While not grabbing headlines with dramatic surges, TRX’s steady growth aligns closely with the broader bullish cycle led by Bitcoin (BTC), suggesting that it may benefit from macro-level investor sentiment. A recent analysis by Carmelo Alemán, a contributor to CryptoQuant’s QuickTake platform, highlights the increasing relevance of TRON in this market phase. Related Reading: Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure Bitcoin Correlation Fuels Investor Optimism Alemán’s report, titled “The Crypto Elite Grows with Bitcoin and Why TRX Holds a Special Place,” explores how assets that demonstrate high correlation with Bitcoin, such as TRX, tend to mirror BTC’s market movements. This statistical connection, typically measured through correlation coefficients like Pearson’s, means that Bitcoin’s gains or retracements often influence similar movements in tokens like TRON. According to Alemán, the ongoing Bitcoin bull market, expected by some to last through Q4 2025, sets a favorable context for assets with strong historical correlation to BTC. Tokens, including TRX, SUI, ADA, XLM, HBAR, and Litecoin, are often observed to track Bitcoin’s behavior, rising during rallies and pulling back during corrections. For many investors, these assets present attractive opportunities given their lower market capitalizations compared to Bitcoin, making them capable of delivering larger percentage gains during bullish conditions. The analyst said: In practical terms, Bitcoin is unlikely to grow more than 2x from its current price, whereas highly correlated tokens could triple, quadruple, or more, simply because their smaller market caps make such expansions more feasible. In particular, Alemán draws attention to TRON’s upward momentum and growing network activity, especially in Asia. Notably, TRON recently surpassed Ethereum in the volume of USDT (Tether) issued on its network, signaling a shift in real-world utility and adoption. Alemán wrote: This is no small development: it reflects a restructuring in real network usage, and suggests that Tron could multiply significantly in value in the coming months, as it continues to move in tandem with Bitcoin’s trend. TRON Long-Term Growth Potential Beyond price action, Alemán also underscores TRON’s position in strategic portfolio planning. Because of its correlation with Bitcoin and its smaller relative size, TRON offers potential leverage to BTC’s market cycles. For long-term holders and tactical traders alike, this dynamic presents opportunities for outperformance during phases of sustained Bitcoin growth. Related Reading: TRON Accumulation Phase Detected—Major Price Surge Coming Alemán concludes by advising market participants to remain attentive to on-chain indicators and inter-asset relationships, emphasizing that informed decisions based on correlation dynamics could enhance portfolio returns during this cycle. Featured image created with DALL-E, Chart from TradingView
Tether, the issuer of the USDT stablecoin, has quietly funneled roughly $5 billion of its earnings into a mix of US businesses and government debt over the past two years. It’s putting money where its mouth is. According to CEO Paolo Ardoino, these moves are meant to show how tied the company is to the American economy, even as it dominates markets abroad. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Big Bets In Tech According to Ardoino, Tether invested $775 million in Rumble earlier this year, scooping up more than 103 million shares of Class A stock. The firm also put $200 million into BlackRock Neurotech in 2024 through Tether Evo, its venture arm. That move made Tether the majority owner of the brain‐interface startup. These aren’t small stakes. They’re big plays on what could be the next wave of tech growth in the US. In the last 2 years Tether Group reinvested almost 5 billion USD of its profits within the United States economy and into US based companies. Some examples: Rumble, Blackrock Neurotech, XXI and different Bitcoin mining ventures. (That’s on top of having more than 120 billion in… — Paolo Ardoino ???? (@paoloardoino) May 26, 2025 Tether Gets Into Bitcoin Mining Based on reports, Tether has also built positions in several US‐based Bitcoin mining firms. It recently boosted its holding in Bitdeer to 21%, making it one of the top shareholders. On top of that, the company is routing hash power to the OCEAN pool, tying its crypto reserves even more directly to American mining operations. It’s a mix of finance and hardware. Treasury Holdings And US Debt According to filings, Tether holds more than $120 billion in US Treasury bills. That makes it the 19th‐largest holder of US debt, ahead of countries like Germany ($111 billion) and the United Arab Emirates ($104 billion). These Treasury bills back most of the USDT in circulation. In a way, Tether has become a major player in the bond market, with a clear interest in keeping US fiscal matters steady. Plans For A New Stablecoin Based on statements from Ardoino, Tether plans to launch a new dollar‐backed coin for the US market once federal rules are in place. While USDT will stay active in developing nations, a fresh token could meet upcoming US stablecoin laws. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? With $153 billion in USDT out there—about 60% of the total stablecoin supply—Tether still leads globally. But in the US and Europe, USDT has seen some exchange delistings over MiCA compliance worries. A homegrown coin may smooth those relations. Regulatory Headwinds Tether’s strategy isn’t without challenges. It faces calls for more transparency on its reserves and criticism over the use of USDT by bad actors. The company insists it works closely with law enforcement when criminal funds surface. Featured image from Unsplash, chart from TradingView
Cryptocurrency mixers explained A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible for blockchain analysts or malicious actors to trace the flow of funds between wallets.A crypto mixer’s primary function is to break the link between the sender’s wallet and the recipient’s wallet. It does so by pooling together coins from many users and then redistributing them in a way that makes it difficult to track which coins went where. Think of it like a digital version of shuffling cards in a deck. After mixing, your cryptocurrency is returned to you or a recipient’s address, but it’s “cleaned” of any direct transaction history.This privacy-enhancing feature is why some people rely on mixers, especially those seeking to keep their financial activities confidential in an open-ledger world. How does a crypto mixer work? To understand a crypto mixer, it’s useful to compare it to the concept of money laundering in traditional finance, albeit with legal and ethical nuances. The process of “mixing” is essentially designed to obscure the origin and destination of coins.Here’s a typical workflow of how a cryptocurrency mixer operates:Deposit: You send your cryptocurrency to the mixer’s wallet address. Multiple users do the same, creating a large pool of coins.Mixing/shuffling: The mixer’s system pools and shuffles these coins together, breaking any visible connection between deposited and withdrawn funds.Redistribution: After mixing, the service sends back an equivalent amount of coins to your specified address, but these aren’t the same coins you deposited. They come from the pooled coins of all participants.Fees: The mixer usually deducts a small fee, generally ranging from 1% to 3%, to cover operational costs.This process effectively disrupts blockchain analysis, making it extremely difficult for anyone to trace the coins back to their original owners. Types of cryptocurrency mixers Not all mixers are created equal. They can broadly be divided into two categories: centralized and decentralized mixers.Centralized mixersCentralized mixers are the most common and operate similarly to traditional services. You send your coins to a company or entity that controls the mixing process, and then they send back “clean” coins after mixing. These services are relatively easy to use, often providing a simple user interface.However, centralized mixers require you to trust the service operator with your coins, at least temporarily. This introduces risks such as:The mixer could be a scam and disappear with your funds.It could be hacked, exposing users’ data and coins.The operator may keep logs that could compromise your privacy.Decentralized mixersDecentralized mixers use blockchain technology and smart contracts to automate the mixing process without a trusted third party. They rely on cryptographic methods such as zero-knowledge proofs to mix coins in a trustless environment. Users pool their coins into a smart contract, which then redistributes coins in a way that ensures privacy.Advantages of decentralized mixers include:No central point of failure or custody risk.Higher privacy because no single party controls the funds.Often more resistant to regulatory crackdowns.Did you know? The DOJ indicted four Russians for operating crypto mixers Blender.io and Sinbad.io, yet failed to show they knowingly laundered illicit funds. The indictment relies heavily on vague forum posts and lacks concrete evidence of criminal intent or ties to US commerce, raising serious doubts about its strength in court. Real-world cases involving mixers and scams Unfortunately, the privacy offered by crypto mixers has also attracted criminals. The very anonymity that protects innocent users can also shield illicit activities, leading to widespread misuse.Crypto mixers have been linked to ransomware attacks, dark web marketplaces, fraud and drug trafficking. Criminals often use these services to “clean” proceeds from illegal transactions and hide their tracks from law enforcement.A notable example is ChipMixer, a service seized by Europol in 2023 for allegedly facilitating money laundering for dark web markets and ransomware groups. Authorities dismantled the platform’s infrastructure over alleged money laundering, seizing four servers, 1,909.4 BTC (about $210 million as of May 26, 2025) and seven TB of data across 55 transactions.Mixers have also been involved in laundering stolen funds from cryptocurrency exchange hacks. The complexity of these transactions makes it difficult for investigators to recover stolen assets.In February 2025, Bybit, a major cryptocurrency exchange, suffered a significant security breach resulting in the theft of about $1.5 billion worth of cryptocurrencies. The attackers, attributed to the Lazarus Group, a North Korean state-sponsored hacking organization, employed various crypto mixers, including Wasabi, CryptoMixer, Railgun and Tornado Cash, to launder portions of the stolen assets. Despite efforts to trace the funds, a significant portion remains unaccounted for, highlighting the challenges posed by mixers in cybersecurity investigations. Are crypto mixers legal? The legal status of cryptocurrency mixers depends largely on the jurisdiction and context of their use.Most governments impose strict Anti-Money Laundering (AML) and Counter-Terrorist Financing regulations on financial services, including digital currency services. Mixers, by their nature, complicate AML compliance because they obscure transaction trails.For instance,In the European Union, the 5th Anti-Money Laundering Directive (5AMLD) includes digital currency providers under its regulatory scope, requiring them to perform KYC checks and report suspicious activity.In the United States, FinCEN classifies cryptocurrency mixers as money transmitters, requiring registration and compliance with AML regulations. Unlicensed mixers can face severe penalties and criminal charges.Legal uses vs misuseUsing a mixer for privacy reasons is not inherently illegal. However, if mixers are used to launder proceeds from crimes, authorities will prosecute offenders. Similarly, operating a mixer without appropriate licenses or regulatory oversight can be illegal.If you choose to use a mixer, make sure you understand the legal implications in your country and avoid any activity that could be linked to money laundering or fraud.Did you know? Crypto mixer transactions are still taxable. Using a mixer doesn’t hide gains from tax authorities; failing to report them can trigger audits or penalties. Always keep records and understand your local tax obligations. How to stay safe and avoid scam-linked mixers If you decide to use a cryptocurrency mixer, your safety and security should be paramount. Here are some essential tips to avoid scams and legal troubles:Choose reputable mixers: Conduct thorough research. Look for mixers with good reviews, transparent operations and clear compliance policies.Avoid unknown or suspicious services: Steer clear of mixers linked to scams, hacks or regulatory actions.Check for licensing and compliance: Prefer mixers that comply with AML/KYC regulations, especially if you are a business or high-value user.Understand fees and timelines: Be clear on the fees involved and the expected time for your funds to be returned after mixing.Use hardware wallets and strong security practices: Always safeguard your private keys and use hardware wallets to minimize risks.Stay updated on regulations: Laws surrounding crypto mixers evolve rapidly. Staying informed will help you avoid inadvertent legal violations.
Hyperliquid has quickly become a main character in the crypto space after it became the leading decentralized finance (DeFi) exchange for perp trading. As its popularity has grown, so has the price of its native HYPE token. This has seen it rally even at a time of bearish divergence in the crypto market, moving up by more than 50% in one week to reach new all-time highs. Factors Driving The Hyperliquid Price The main driver behind the Hyperliquid price pushing to new all-time highs has been the rise in attention being paid to the platform. As crypto investors are pivoting toward more decentralized platforms for their perpetual trading activities, HYPE’s mindshare has grown exponentially over the last few months. Related Reading: Is The Bitcoin Rally Over After $111,900 ATH? Global M2 Money Supply Is Still Going This rising interest translated to a major surge in the platform’s trading volume over the last few weeks. Most notable were the billion-dollar bets placed by James Wynn, who has quickly risen to become the most popular crypto trader on Hyperliquid. His trades garnered the interest of thousands, putting more eyes on the platforms as onlookers stood by to see the outcome of his trades. In particular, over the last week, the platform recorded its highest weekly volume since it was launched, reaching $78.672 billion in trading volume between May 11 and May 18, 2025. Daily trading volumes have also not been left out, consistently crossing the $2 billion mark daily. Its highest daily trading volume yet was recorded on May 21, 2025, with $17.731 billion trade on the platform. Cumulatively, the Hyperliquid platform has reached $1.156 trillion in volume in three years of operation, DefiLlama data shows. Other major developments that the platform has seen is the rise in the open interest. The platform celebrated a new all-time high after open interest crossed the $10.1 billion mark on the platform. The amount of USDC locked on the platform also climbed to $3.5 billion, with $5.6 million in fees generated in only a 24-hour period. In one week, the platform was able to generate over $22 million in fees alone. Related Reading: XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible On its own, the HYPE price is still showing a lot of bullish momentum despite already rising 50% in one week. Daily trading volumes crossed $460 million on May 26, according to data from CoinMarketCap. Crypto whales have been especially active during this time, as Lookonchain reported three whales spending $5.33 million to buy HYPE on Monday. With volumes rising and prices going up, it suggests that a lot of the volume is actually from buyers. If this buying pressure continues, then it is likely that the price sees further upside before putting in a correction. Featured image from Rigzone, chart from TradingView.com
Ethereum has maintained a position above $2,500 following a mild retracement from its recent high above $2,700 last week. At the time of writing, the asset trades at $2,564, reflecting a 2.4% increase in the past 24 hours. While the broader crypto market remains in a bullish structure, largely driven by Bitcoin’s sharp upward movement, Ethereum’s relative momentum appears more tempered, raising questions among traders and analysts about its current positioning. Related Reading: Ethereum Price Finds Its Footing: Bulls Prepare for Another Push Retail Quiet, Institutions Watchful Despite the price remaining above key levels, some analysts believe Ethereum has yet to fully capture the broader market’s enthusiasm. One such observation was presented by CryptoQuant’s analyst Burak Kesmeci, who noted that retail activity around Ethereum remains low compared to previous cycles. This could suggest that Ethereum’s rally is still in its early stages, with potential upside left unpriced by the market. The absence of retail enthusiasm, which historically coincided with local tops, may signal that Ethereum has not yet reached a peak for this cycle. Kesmeci’s analysis highlighted a notable shift in retail engagement around Ethereum. Drawing comparisons to the 2021 bull run, the analyst pointed out that earlier rallies were often accompanied by sharp spikes in retail trading frequency. However, during the current cycle, retail interest has been largely muted, even as Bitcoin surged from $16,000 to over $111,000. While ETH saw a brief uptick in retail activity in December 2024, that momentum faded quickly amid broader market reactions to geopolitical developments, including renewed tariff tensions. The analyst concluded that the market may still be in a phase of accumulation, as the typical retail-driven euphoria has yet to materialize. In this scenario, Ethereum could benefit from increased participation in the coming months, particularly if macroeconomic sentiment stabilizes. The potential for delayed retail entry suggests that Ethereum’s current rally might only be at its midpoint rather than nearing a local top. Ethereum Technical Setups Suggest Bullish Continuation On the technical front, several market analysts continue to hold a positive outlook for ETH. A pseudonymous analyst known as Crypto Busy posted on X that the asset’s monthly chart remains structurally intact, referencing a previous key resistance level near $1,410. Related Reading: Ethereum Climbs Back To $2,700 – Bulls Ready For A Breakout? According to the post, Ethereum’s breakout above this long-standing barrier has turned it into support, replicating a setup that historically preceded major rallies. Further reinforcing this perspective, analyst Michaël van de Poppe emphasized the importance of Ethereum’s price action near the $2,400 level. He noted that this zone offered a strong buying opportunity and believes that if Ethereum can successfully retest and hold above this threshold, a move toward $3,000 could follow. According to van de Poppe, such a breakout would signal the beginning of a new bullish phase for ETH. Featured image created with DALL-E, Chart from TradingView
Crypto assets to the tune of over $3 billion are heading into circulation in June. That marks a 32% drop from May’s haul of $4.9 billion. According to crypto vesting tracker Tokenomist, investors and traders will face new supply pressure again this month. Related Reading: Buy XRP Before It Explodes To $1,000, Market Expert Says Total Token Unlocks Dip In June June’s release of $3.3 billion is down sharply from May’s nearly $5 billion. A lot of that change comes from projects finishing earlier vesting schedules. But $3.3 billion is still a heavy weight on token prices. Markets usually wobble when billions of dollars suddenly become tradable. Cliffs Versus Gradual Releases About $1.4 billion of June’s tokens will hit wallets all at once in what’s called a cliff unlock. That means a lump sum becomes liquid on a set date. The rest— nearly $2 billion—will drip into the market bit by bit with linear unlocks. A slow trickle of new supply can soften the blow, but it still adds up over time. Source: Tokenomist Big Names On The List Several major projects lead the pack in June. Metars Genesis (MRS) will drop over $190 million worth of tokens on June 21 to back an AI partnership. Since March, MRS has unlocked 10 million tokens each month, pushing nearly $1 billion into circulation so far. On June 1, SUI will unlock 44 million coins—about $160 million in value. Over $70 million of that goes to Series B investors. To date, SUI has released more than 3 billion tokens valued at roughly $12 billion, or about 33% of its total supply. Another 5.22 billion tokens, worth nearly $20 billion, are still locked without a set date. Other Projects To Watch A handful of well-known tokens also have vesting dates in June. Fasttoken will hand out 20 million tokens—around $88 million—to its founders. LayerZero plans to unlock 25 million tokens worth over $70 million for core contributors and strategic partners. Aptos will release 11.30 million tokens, about $60 million, to its team, backers and community fund. ZKsync sets free over 760 million tokens valued at almost $50 million to investors and staff. Even Arbitrum joins the list, adding to the pressure on Layer-2 markets. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets What This Means For Traders Based on reports, big unlocks tend to spark price swings. Cliff events often trigger fast sell-offs as holders gain full access. Gradual releases can drag on prices over weeks. Those who trade around these dates should be ready for volatility. For long-term holders, dips caused by fresh supply might offer a chance to add to positions. Either way, tracking vesting calendars could help time moves and spare traders from nasty surprises. Featured image from Unsplash, chart from TradingView
Crypto analyst Egrag Crypto has predicted that the XRP price can reach $46 based on a historical pattern recorded in the first market cycle. Meanwhile, his analysis of the 3-cycle ride also showed that the altcoin can still reach double digits if it mirrors patterns recorded in other cycles. XRP Price To Reach $46 If It Mirrors Cycle One In an X post, Egrag Crypto stated that market participants could see the XRP price touching $46 if the altcoin repeats a pattern like the first cycle. He highlighted the historical pattern in cycle one, in which XRP dropped below the 21 Exponential Moving Average (EMA) and then dropped an incredible 5,550%. The altcoin then retraced back to the 21 EMA and then dropped another 2,500%. Related Reading: XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions Meanwhile, the crypto analyst predicts that the XRP price can reach $12 if it follows cycle 2. In the second cycle, XRP dropped below the 21 EMA, which led to a 150% breakdown. The altcoin then retraced to the 21 EMA, before it fell again by 500%. Egrag Crypto noted that averaging these projections of a 2,500% and 500% surge gives almost 1,500%, which roughly suggests a target of $30. However, the analyst stated that his estimate is $27. Commenting on this current cycle, which is the third cycle, the analyst revealed that the XRP price has dropped below the 21 EMA, with a potential rise of 430%. He further noted that the altcoin is retracing back to touch the 21 EMA. If XRP stays above $2, Egrag Crypto claims that the EMA will descend to meet the price. He affirmed that it is coming and very soon. The Altcoin To Hit $27 In Just 60 Days? In another analysis, Egrag Crypto raised the possibility of the XRP price gaining 1,700% and rallying to $27 in just 60 days. He stated that if XRP is repeating the last section or pattern from October 2017, then the altcoin might be on the brink of a major breakout soon. Back then, it took the altcoin about 63 days to explode and set a new all-time high (ATH), surging by 1,772%. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone If history repeats itself, Egrag Crypto is confident that the XRP price could be approaching $27 within the next 63 days. He reminded market participants that securing profits along the way is always wise as the altcoin rallies to this target. The analyst also revealed that breaking the $3 mark, the high from the February 24 candle this year, is the ultimate target in preparation for the rally to double digits. At the time of writing, the XRP price is trading at around $2.33, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
A well-known crypto analyst, going by the name Egrag Crypto, has laid out some eye-popping targets for XRP. According to his charts, the token could climb as high as $45, a 2,700% jump from its current price. A more modest scenario would still send it to $19, up a little over 1,000%. He points to past cycles where similar moves took shape over roughly 770 days. Yet not everyone is on board with his bullish outlook. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Historical Moves And Cycle Timing Based on reports, Egrag Crypto stresses that XRP’s rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after surging 2,770%. Then in 2021 it jumped 1,052% to about $1.80. Each rally was marked by a bearish crossover on the 21 EMA and the 33 MA, followed by sideway trading for around 777 days after the 2018 peak and 770 days after the 2021 high. He believes the same setup started late in 2024, when XRP climbed nearly sixfold from its previous low. #XRP – Targeting $19 or $45? ????Charts Men lie, women lie, but charts don’t! ???? I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire! ???? ????Human… pic.twitter.com/YasA4k98fd — EGRAG CRYPTO (@egragcrypto) April 11, 2025 Bullish Targets And Risks According to the analysis, a repeat of past moves could push XRP as high as $45. A less aggressive run would still see it reach $19. Egrag Crypto even points to an intermediate target of about $27 as a likely milestone. Those numbers assume a straight path up, but markets rarely move in straight lines. Big jumps often end with sharp pullbacks. Traders chasing 2,700% gains could face long wait times and steep drops. Bearish Views Gain Ground Other voices warn against getting swept up in the hype. Market watcher Koroush says now is a time for shorts. He pegs a possible decline to $1.30. Others favor a short bias, pointing to weakening demand and faltering momentum. Related Reading: Bitcoin To $125K By End Of Q2? Bold Call From Bybit Executive Advice For Traders Egrag Crypto recommends a simple Dollar-Cost Averaging plan. Buy small amounts at regular intervals. That way, no one big buy leaves you exposed. He says to sell in slices, too. Lock in gains at key levels instead of betting everything on the top. This kind of step-by-step play can cut losses and smooth out wild swings. Looking Ahead The debate around XRP’s next phase is far from over. Historical charts show one side of the story. On-chain trends, legal battles, and macro factors tell another. If charts really don’t lie, as Egrag Crypto quips, XRP might be gearing up for a fireworks show. Featured image from Unsplash, chart from TradingView
Solana (SOL) is once again in the spotlight, as a market analyst has forecasted a massive rally that could propel the token’s price to new All-Time Highs (ATHs) by late 2025. The prediction suggests a staggering 140% surge from current levels toward a bold price target of $420 and beyond. Solana Prepares For Parabolic Move Toward $420 A fresh chart analysis shared by a TradingView crypto analyst, Master Ananda, reports that Solana has completed a textbook rounded bottom pattern, indicating a bullish reversal to new ATHs. Notably, the analyst forecasts that SOL is gearing up for a parabolic surge to $420, emphasizing that this bullish projection is not the cryptocurrency’s final target. Related Reading: Analyst Tells Investors To Be Patient As Solana Price Hits Resistance The analysis, as stated earlier, is based on the formation of a rounded bottom pattern, which has been developing since early 2025. This pattern has now transitioned into a breakout structure, with the Solana price reportedly holding firm above the $160 support line — a level considered the baseline of the rounded bottom and a psychological stronghold for the market. Notably, Solana faced a strong rejection at a key resistance area on May 23. However, despite the pullback, Master Ananda emphasized that the price action remains resilient, suggesting that bullish momentum is still intact and the dip has not altered the altcoin’s positive long-term outlook in the months ahead. In addition, Solana also dropped to a low on May 19, marked by the blue line on the price chart. Despite this, the analyst strongly asserts that there is “absolutely no bearish action” on the current chart. As long as the $160 level holds, the current trend is likely to accelerate toward higher Fibonacci resistance levels, culminating in the 1.618 extension at around $419.78. This bullish target would represent approximately 140% growth from the current price of around $178 and would place Solana at a new all-time high. Interestingly, Master Ananda noted that even if Solana falls below the key support level, it would be of little concern. Such a move would likely signal a market shakeout or a bear trap rather than a pullback or an invalidation of Solana’s bullish thesis. This view stems from the belief that SOL’s bullish bias has already been confirmed, positioning the market for potential strong growth over the long term. The key point of Master Ananda’s analysis is that Solana’s rise is expected to be sudden and powerful, leaving those on the sidelines regretting missed opportunities. As the market matures and liquidity improves following Bitcoin’s steady rise, the sharp upside potential for Solana could unfold much quicker than anticipated. Macro Catalysts Align For Massive Crypto Growth While explaining his bullish case for Solana, Master Ananda revealed that changes in macroeconomic factors could become a catalyst for astonishing growth in the crypto market. With the US Federal Reserve (FED) expected to initiate interest rate cuts in the coming months, the broader risk-on environment is set to benefit the crypto sector significantly. Related Reading: Solana Rebound To $900 Is Coming, But This Resistance Stands In The Way The analyst suggests that Solana’s current price levels, while not at absolute lows, still represent a significant buy zone. Master Ananda revealed that Solana’s potential is substantial, and as the next bull cycle gains momentum, $300 will no longer be seen as expensive. Before this happens, Master Ananda has stated that investors “should be fully invested and buy like it’s the end of the world”. Featured image from Adobe Stock, chart from Tradingview.com
Ethereum’s recent price momentum, along with the rest of the market, kept investors on edge during the week as it pressed closer toward the $2,800 level. However, Ethereum struggled to push past $2,750 during the week, briefly hitting resistance as bulls tried to extend the current uptrend. Interestingly, on-chain data shows that this may be a reaction to a major cluster of buy levels around $2,800, which may increase sell-side pressure in the coming days. Related Reading: Buy XRP Before It Explodes To $1,000, Market Expert Says $2,800 Zone Heats Up With Investor Cost Basis Cluster After rebounding from a low near $1,600 in April, Ethereum recovered more than half of its losses last week from its peak near $3,800 in December 2024. According to on-chain analytics platform Glassnode, there is a significant accumulation of Ethereum supply held by investors who bought in near the $2,800 price range. This concentration, visualized in Glassnode’s cost-basis heatmap, shows a notable density of wallet activity precisely at this level. The implication of this concentration is simple: a large number of ETH holders who have been underwater since early 2025 are finally seeing a chance to exit at breakeven as the Ethereum price approaches $2,800. As such, selling pressure may increase as the Ethereum price approaches this level. The logic is that these investors who have been underwater may use this rally to secure neutral exits. That sort of sell-side pressure can act as a cap on the rally, unless demand is strong enough to absorb the supply hitting the market. The heatmap below shows a large cluster of supply density just below $2,800, which Ethereum must decisively overcome to continue its path toward reclaiming $3,000. Image From Glassnode Some Resistance Above, But Strong Support Below Given the possibility of the $2,800 level acting as a challenging price ceiling during the week, different on-chain data shows Ethereum enjoying strong support beneath the current price level. According to a post on X by crypto analyst Ali Martinez, blockchain data from Sentora (formerly IntoTheBlock) shows that Ethereum holders have built a robust demand zone between $2,330 and $2,410. This area hosts 2.58 million addresses holding over 63.65 million ETH, making it an important support floor. Image From X: @ali_charts At the time of writing, Ethereum is trading around $2,500, down by 2% in the past 24 hours. The current price range puts the price of the largest altcoin squarely between a band of selling pressure overhead and a solid cushion of demand below. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Interestingly, there are no significant resistance walls aside from the cost basis levels around $2,800, meaning that a convincing breakout above $2,800 could push the Ethereum price quickly towards $3,000. The balance of probabilities now rests on whether bullish momentum can break through the resistance cluster or whether a pullback toward the $2,370 zone will reset the rally. Featured image from Unsplash, chart from TradingView
BankSocial’s CEO, John Wingate, stirred up chatter this week by saying he met with Ripple’s team. He called it “possibly the greatest meeting in the history of international settlements.” It got people talking about whether BankSocial, Hedera, XRP and Ripple are about to team up in a big way. But so far, no one outside Wingate’s circle has confirmed a deal. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets BankSocial Adds XRP To Roadmap Based on reports, Wingate still sees HBAR as a major piece of BankSocial’s plan. He wrote that HBAR will power backend operations and state checks. He also said XRP is now part of the mix. That hints at a dual-chain setup, with HBAR handling the heavy lifting and XRP moving money between borders. His words were clear: HBAR stays core, but XRP steps into the picture too. Just had a meeting with the @Ripple team. A great meeting. Maybe the greatest meeting in the history of international settlements.@hedera and $HBAR are still a huge part of the strategy. And now, so is $XRP You’re not thinking BIG enough. Think BIG – then 1000000000x it. — John Wingate (@PresidentHODL) May 23, 2025 Three Tokens, Three Roles According to Wingate, each token has its job. HBAR runs the Hedera Consensus Service for checking states and handling network messages. XRP moves cash across borders, especially into certain jurisdictions. BSL, BankSocial’s own token, is for lending, staking and running its DAO. Short story: HBAR does the engine work, XRP moves the money, and BSL runs the bank’s in-house features. Billion-X Ambitions In his post, Wingate challenged followers to “think BIG, then 1,000,000,000x it.” He wants a massive network that links banks, blockchains and countries. That’s a big ask. It points to a goal of tokenizing real-world assets and moving them without the usual delays or fees. If it works, it could reshape how banks use blockchain tech. But he didn’t share any timelines or proof of concept. Multichain. XRP too ???? — BankSocial.io (@BANKSOCIALio) May 19, 2025 Unconfirmed Partnership Details On May 19, BankSocial replied to a teaser about its new platform with “Multichain. XRP too.” That suggests the upcoming system—built on Hedera—will add XRP Ledger support. Yet there’s no press release from Ripple or Hedera saying they’ve signed on. Based on reports, this remains a well-publicized rumor more than a formal pact. Developers and users haven’t seen a test network or demo. Related Reading: Singaporean Crypto Investors Boost XRP Holdings To 17%, Report Finds Wingate also hinted at this two-chain plan back in March. He said BankSocial works with banks and governments on asset tokenization and cross-border cash movement. He named both XRP and HBAR as “major components.” He even pointed out they’re part of the DeRec Alliance, a group set on building open finance tools. For now, the market is watching. If BankSocial can pull off a three-token setup, it might open new paths for banks to handle crypto and stocks directly from customer accounts. But until code appears or an official alliance is announced, this is still a story in progress. Keep an eye on Wingate’s next posts and any updates from Ripple or Hedera. Featured image from Gemini Imagen, chart from TradingView
Singapore’s crypto crowd is shifting its focus beyond Bitcoin. Interest in XRP has climbed as more traders add the token to their portfolios. The change comes even as Bitcoin remains the top holding. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Crypto Awareness At Record High According to the 2025 Independent Reserve Crypto Index for Singapore, 94% of locals are familiar with at least one cryptocurrency. That’s a big jump from previous years. Bitcoin still leads the pack—91% know it by name. And it makes up 68% of the average investor’s crypto stash. Yet the fact that almost everyone can name a digital coin shows that Singapore’s trading scene is maturing. Singaporean Investors are increasing their XRP holdings.???? https://t.co/ydq9PGwmXj pic.twitter.com/aK9H85ZVwb — SMQKE (@SMQKEDQG) May 22, 2025 XRP Ownership On The Rise Based on reports from Milieu Insight Market Research, XRP saw one of the strongest gains among altcoins. It now represents 17% of crypto holdings in Singapore, up from 14% last year. Ethereum grew even more, climbing from 41% to 48%. Solana ticked up from 17% to 19%, while Dogecoin rose only 1 point, from 18% to 19%. Still, XRP’s 3-point boost hints at growing trust in its payment-focused design. Monthly Investments Varied Widely Investors in Singapore are not all spending the same amount each month. About 57% put in less than $500. Another 29% contribute between $500 and $1,000. Only 10% dedicate more than $1,000 each month to steadier “dollar-cost averaging.” Those figures suggest that most people treat crypto as a side play rather than a full-time career. Stablecoin Trends And RLUSD Stablecoins are also part of the mix. Roughly 46% of respondents said they own—or once owned—these US-pegged assets. Of that group, 21% hold them now, while 25% have moved on. Eighty-three percent prefer USD-pegged coins. In that context, Ripple’s new RLUSD has reached a $310 million market cap in just a few months. Ripple’s APAC managing director, Fiona Murray, said the coin is not just for trading but also for cross-border payments and DeFi work. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K Singapore’s data echoes trends elsewhere. A Bitso report found that Latin American buyers favored XRP over Ethereum and Solana in 2024. With XRP adoption growing both regionally and in APAC, its role could shift from an afterthought to a core part of retail and institutional strategies. For now, Bitcoin’s dominance remains solid. Still, altcoin allocations are climbing—and XRP is leading that charge. Featured image from Pexels, chart from TradingView
Crypto analyst DOGECAPITAL has highlighted a Bitcoin-like pattern on the Dogecoin chart, which could trigger a parabolic rally. Based on his analysis, this rally could send the DOGE price above $10, marking a new all-time high (ATH) for the top meme coin. Related Reading: XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst The Bitcoin Historical Pattern Which Could Send Dogecoin Above $10 In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10. He alluded to the weekly chart and compared the historical price cycles of Bitcoin and DOGE, while pointing out what tends to happen when BTC closes a weekly candle at all-time highs (ATHs). In the first cycle, which was in 2017, DOGE surged and achieved a 94x gain in the following months after BTC closed the week at its ATH. In the second cycle, which was in 2020, Dogecoin witnessed a more explosive 190x rally in the following months after Bitcoin closed the week at new all-time highs. Meanwhile, again in the third cycle this year, BTC is currently trading around its ATHs. However, it needs to confirm a weekly close above this level to validate a DOGE breakout. Based on history, DOGECAPITAL noted that this could set the stage for Dogecoin to “dramatically” outperform Bitcoin again. DOGE could also surpass its gains in previous cycles. The analyst’s accompanying chart showed that the meme coin could even rally to as high as $69 on this explosive move. The analyst urged market participants to watch the weekly close as the last two times Bitcoin confirmed new highs, Dogecoin didn’t just surge but “launched.” In the short term, crypto analyst Ali Martinez indicated that the foremost meme coin could rally to $0.31. In an X post, he stated that DOGE appears to be breaking out of a bull pennant, which points to this target. DOGE’s Uptrend Is Still Strong In an X post, crypto analyst Trader Tardigrade stated that Dogecoin’s uptrend remains pretty much solid. His accompanying chart showed that the meme coin still has enough room to rally to the much-anticipated $1 price level. In another analysis, the analyst stated that DOGE will likely break the recent high at $0.25. Meanwhile, crypto analyst Master Kenobi stated that his short-term roadmap for Dogecoin is going according to plan so far. His chart showed that he expects the meme coin to consolidate in this range for 17 days before it then breaks out and rallies to $0.75 sometime in June. This will mark a new ATH for the DOGE price, with its current all-time high at $0.73. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K At the time of writing, the Dogecoin price is trading at around $0.2286, down over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from TradingView