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#bitcoin #crypto #xrp #altcoin #altcoins #digital currency

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

#ethereum #eth #ether #altcoin #digital currency #cryptocurrency #ethusdt #ethereum news

As Ethereum (ETH) continues to hover around the $2,500 mark, signs of market exhaustion are beginning to emerge. Analysts suggest the second-largest cryptocurrency by market cap could face a short-term pullback before attempting to break through higher resistance levels. Ethereum Showing Signs Of Overheating According to a CryptoQuant Quicktake post by contributor ShayanMarkets, ETH is beginning to show signs of an overheated rally. The analyst shared the following chart illustrating ETH’s total trading volume across various crypto exchanges. In this chart, each bubble’s size reflects the magnitude of trading volume, while the color indicates the rate of volume change, categorized into four groups – Cooling, Neutral, Overheating, and Highly Overheating. Related Reading: Ethereum Gains Momentum Amid Flat Funding Rates – Is This A Healthy Uptrend? Ethereum’s ongoing price rally, which began in mid-April 2025, has seen a notable surge in trading activity. Within just a month, the asset’s market condition shifted from Cooling (green bubbles) to Overheating (red bubbles). The current overheated condition may lead to a short-term correction as the market cools and enters another accumulation phase. However, the depth and duration of any potential pullback remain uncertain. The CryptoQuant contributor attributes this spike in volume to profit-taking and significant resting supply at the psychologically important $2,500 resistance level. Data from CoinGecko shows ETH has jumped an impressive 59.7% over the past 30 days, outperforming Bitcoin (BTC) during the same period. ShayanMarkets concludes: Consequently, Ethereum is expected to continue its consolidation phase until fresh demand emerges to drive a breakout above this resistance range in the mid-term. In a separate post on X, veteran crypto analyst Ali Martinez pointed to Ethereum’s Market Value to Realized Value (MVRV) extreme deviation pricing bands. He emphasized that ETH must hold above $2,200 to maintain bullish momentum. Should this level hold, Martinez believes ETH could target $3,000, or potentially even $4,000, if buying pressure strengthens. Where Is ETH Headed? Analysts Weigh In Ethereum’s impressive performance of late has attracted attention from several crypto analysts, who are now speculating the digital asset’s future price trajectory. According to crypto analyst Ted Pillows, ETH’s 12-hour chart recently confirmed a Golden Cross, a bullish signal that typically precedes major price rallies. Related Reading: Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally? ​​In another analysis, Pillows forecasted that ETH could be eyeing a move to $4,000, noting that the asset has traded within a massive symmetrical triangle since Q3 2020. The $4,000 level lies just below the triangle’s upper boundary. In contrast, crypto analyst Gianni Pichichero warned of a potential retracement to $2,350, citing the emergence of lower lows on Ethereum’s daily chart as a bearish signal. At press time, ETH trades at $2,500, up 3.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

#bitcoin #crypto #banks #btc #gold #digital currency #wall street #btcusd #robert kiyosaki

Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.” Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the US departure from the gold standard in 1971 as the seed of ongoing instability. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Bitcoin: Signs From Past Crises According to Kiyosaki, the Long‑Term Capital Management event in 1998 and the Wall Street crash in 2008 were early warnings. He says neither of those shocks caused the real problem—they merely hinted at deeper trouble. In his view, central banks patched holes by injecting cash, but they never fixed the underlying cracks. Those quick fixes run the risk of unravelling when debt levels get too high. In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management. In 2008 the Cental Banks got together to bail out Wall Street. In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks? In other words each… — Robert Kiyosaki (@theRealKiyosaki) May 18, 2025 Central Bank Limits Exposed Based on reports, Kiyosaki believes that printing money can’t solve every financial headache. He warns that central banks may soon hit their limits. He points out that unlimited cash printing erodes trust in currency, making it hard for banks and governments to rely on the same old playbook. In his words, “You can’t borrow or print your way out of an endless pile of debt.” That debt, he says, is growing every day. Student Loans As Potential Trigger According to the warning, US student loan debt ranks high on his list of danger signs. He sees it as a ticking time bomb that could trigger serious credit shocks. He’s not alone: Treasury Secretary Janet Yellen has said that widespread defaults could unsettle credit markets. Economist James Rickards shares the view, arguing that mass non‑payments may shake the financial system more than commercial real estate or corporate bankruptcies. Growing Interest In Bitcoin And Precious Metals Based on his comments, more people are eyeing Bitcoin, gold and silver as lifeboats. He notes that Bitcoin’s capped supply gives it an edge over fiat money, which can be printed in endless batches. He contrasts a fixed 21 million‑coin limit with the unchecked growth of government debt. Gold and silver, with centuries of use as money, also win points because they can’t be created by a keyboard. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst What Investors Should Watch Kiyosaki suggests keeping an eye on three key signs: rising debt levels, growing numbers of loan defaults, and continued currency printing. He adds that a shift toward alternative assets is a crowd signal—when more people start buying Bitcoin, trust in paper money falls. He reminds readers that no one can guarantee safety in cash; history has shown that hard assets often hold value when paper money weakens. Featured image from Pexels, chart from TradingView

#bitcoin #btc #digital currency #cryptocurrency #indonesia #bitcoin news #btcusd

Shares in Indonesian fintech firm DigiAsia Corp jumped sharply on May 19 after it revealed plans to put Bitcoin at the center of its future. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst The company wants to raise $100 million to start building a BTC reserve, and it says half of its net profits will go toward buying more. The announcement got a lot of attention—maybe too much, too fast. Stock Soars On Bitcoin Reserve Plan DigiAsia’s stock, which trades under the ticker FAAS on the Nasdaq, closed the day up more than 91% at 36 cents, Google Finance data shows. But the excitement didn’t last long. After hours, the price dropped 20% to 28 cents. That sudden move shows how quickly investor mood can shift, especially when crypto is involved. Source: Google Finance The stock had been down around 50% this year before the announcement. It was trading close to $12 back in March 2024. Now, it’s nowhere near those highs. This latest surge looks like a shot of adrenaline, not a long-term fix. Bitcoin Reserve Plan And Profit Pledge DigiAsia isn’t just talking about Bitcoin—it’s making it part of its future profits. The company’s board has already approved a plan to treat Bitcoin as a treasury reserve asset. That means it’s not just holding cash; it wants BTC in its back pocket. It also said it would put up to 50% of its net profits into acquiring Bitcoin. The company is currently looking to raise up to $100 million to get that plan moving. It might use tools like convertible notes or crypto finance products to do that. Management is also in talks with regulated partners to figure out how to earn yield on its holdings, possibly through lending or staking. Revenue Growing But Still Small Based on an April 1 financial update, DigiAsia brought in $101 million in revenue in 2024, a 36% jump from the year before. It’s aiming for $125 million in 2025, with projected earnings before interest and taxes of $12 million. That’s solid growth, but the company is still small compared to others getting into Bitcoin. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Some are questioning whether it’s ready to play in the same league as firms like Strategy or even GameStop, which raised $1.5 billion earlier this year. DigiAsia’s numbers show ambition, but also limits. Bitcoin Adoption Among Public Companies More and more companies are buying into Bitcoin, currently trading around $105,116, with a market cap close to $2 trillion, as a long-term strategy. MicroStrategy, now known as Strategy, holds over 576,000 BTC—worth around $60.9 billion. Strive Asset Management also announced it’s shifting into a Bitcoin treasury approach. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #btc #digital currency #funding rates #cryptocurrency #bitcoin news #on-chain analysis #btcusdt #technical indicators

Unlike previous market rallies, the latest rebound in Bitcoin (BTC) – pushing it from a potential cycle low of $74,508 on April 6 to slightly above $100,000 at the time of writing – is characterized by healthier price movement. Current Bitcoin Rally Not Showing Signs Of Overheating According to a recent CryptoQuant Quicktakes post by contributor avocado_onchain, last year’s BTC bull cycle – which saw the leading cryptocurrency create and break multiple all-time highs (ATHs) – was accompanied by sharp spikes in Binance market buy volume and funding rates. Related Reading: Bitcoin Stochastic RSI Signals Brewing Bullish Momentum – ATH Incoming? Notably, a sudden increase in funding rates was twice followed by a sharp price pullback due to overheating. In this context, overheating refers to excessive bullish leverage in futures markets that drives up the cost of long positions, signalling overly aggressive sentiment that often precedes a market correction. The following chart illustrates these corrections triggered by excessive leverage in BTC futures. Specifically, boxes 1 and 2 show sharp rises in Binance funding rates, initially accompanied by price increases, then extended periods of correction. However, the current rally appears different. According to avocado_onchain, Bitcoin’s ongoing rebound is occurring without an overheated funding rate. In fact, Binance market buy volume is trending downward – as shown in box 3 of the chart – which contrasts with previous bull cycles. The analyst argues that these are signs of a healthier rally, as earlier bull runs were marked by overheated funding rates and abrupt corrections, which weakened investor sentiment. In contrast, the current rally has maintained relatively stable funding rates, suggesting more cautious and sustainable market behavior. Despite short-term price fluctuations, market buy volume has shown a steady upward trend since 2023, as marked by the yellow arrow in the chart. The analyst notes: This indicates that buying sentiment remains favorable for further upside, suggesting that it’s not yet time to consider an exit. We can’t predict exactly when Bitcoin will break its previous high, but current on-chain and market data signals remain very constructive. Other Indicators Point Toward New ATH Besides the stable funding rates and encouraging market buy volumes, BTC is also showing several other positive signs pointing toward a new ATH for the flagship digital asset in the near future. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says For example, on-chain data shows that long-term holders are not selling, even as BTC trades near its previous ATH of $108,786, recorded in January. This behavior suggests that these investors anticipate further upside. That said, analysts caution against overly optimistic expectations, noting that Bitcoin may still be far from experiencing a true supply shock. At press time, BTC is trading at $102,393, down 1.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

#bitcoin #crypto #xrp #altcoin #altcoins #digital currency

A wave of excitement hit the XRP space this week after commentator Chad Steingraber suggested the token could climb 100‑fold from its current level. According to his tweet, five XRP cost one back in December 2020. Now you’d pay about 12 for the same slice of the market. That leap from roughly 0.20 to 2.35 shows how quickly prices can move. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? Early XRP Lows Spark Hope Based on reports, XRP dipped to about 0.20 when the US Securities and Exchange Commission sued Ripple in December 2020. Traders who snapped up coins at that time saw a nearly more than 1,100% gain as the price climbed to $2.39 today. That jump turned small stakes into sizable wins for early buyers. It also reminded people how fast sentiment shifts can reshape opportunities. Just a few years ago you could buy 5 XRP for $1 – now that’s cost you ~$12 dollars. A 10x+ premium. In the not too distant future, we will 100x from current prices. — Chad Steingraber (@ChadSteingraber) May 12, 2025 100-Fold Target Means Huge Market Cap According to Steingraber’s projection, a 100× rise from, say, 2.35 would take XRP to nearly 235 per token. At that level, XRP’s market cap would top 15 trillion. To put that in context, gold’s entire value sits around 11 trillion. Hitting 15 trillion would push XRP past most global banks and payment networks by a big margin. It’s a number that demands both massive use and wide adoption. Other Timelines Vary Widely Based on reports, faith in a near‑term surge isn’t universal. Some analysts in the XRP community point to 2017’s parabolic run for inspiration, suggesting gains could come in the current cycle. But more cautious platforms like Telegaon place the 235 target out near 2050. Other price predictions split the difference, seeing it arriving within a decade or more. Those wide gaps show how hard it is to pin down crypto’s future. Short Term Dip Predicted According to CoinCodex, XRP might drop by 22% to reach 1.85 by June 17, 2025. Their technical tools peg current sentiment as neutral while the Fear & Greed Index sits at 74, or Greed. In the last 30 days, XRP logged 13 green days and moved nearly 6% in price swings. That mix of signals hints at a market cooling off but still staying lively. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Experts Weigh Odds Versus Headlines Traders and investors are watching closely. A 100× move sounds electric. Yet most experts treat it as a stretch rather than a baseline outlook. They point to regulation, real‑world use and broad finance trends as key factors. In crypto, rapid climbs can reverse just as fast. For now, Steingraber’s bold call joins a long list of “what‑if” scenarios that keep the community talking. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #btc #digital currency #btcusd

Bitcoin has broken past $100,000 after months of little movement. It now trades near $103,484 and some view that as a buying chance. Others warn that even this level could rise further. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst According to Lawrence Lepard of Equity Management Associates, there is a big difference ahead for people based on their Bitcoin ownership. One person might look back with regret for not buying at today’s levels. Another could be praised for saving up to buy a full coin. He pointed out that holding $0.1 coin will feel huge if prices climb. Lawrence Lepard: This Is A Once In A Lifetime Buying Opportunity #bitcoinpic.twitter.com/uc4cPPMqMy — Altcoin Daily (@AltcoinDailyio) May 17, 2025 Whole Coin Versus Fractional Holds Based on comments from Bitcoin advocate Lark Davis, even owning one Bitcoin will seem “absurd” in a few years. Lepard backed that up by saying that the asset can move fast and without much warning. Some early buyers treated Bitcoin as “sound money,” and they still believe it can leap 10 times or more from here. Owning 1 Bitcoin will seem absurd in a few years! — Lark Davis (@TheCryptoLark) May 4, 2025 Price Forecasts For 2025 Several predictions back a rise to $200,000 or $300,000 this cycle. Standard Chartered projects a move to 200,000 by the end of this year. Another model from Sina’s quantile analysis pegs $285,000 as a mid‑point target. Those figures remain well above today’s levels—Bitcoin is still 93% away from $200,000 and 190% away from $300,000. Sky High Long Term Target Looking further out, Lepard thinks $10 million per coin is possible. That level would make Bitcoin worth about $210 trillion overall. He linked that vision to rising inflation and weak monetary policy in many US and global markets. Critics point out that reaching such a value means absorbing more than twice today’s broad money supply. Bitcoin has a record of sharp moves. Prices can surge dramatically one day and fall the next. That creates risk but also a chance for big gains. Investors who choose to buy now may benefit if the forecasts hold true. But timing the entry and exit remains tricky. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? What Investors Might Do Some will stick with small positions like $0.1 coin. Others may aim for a full coin over time. According to trade data, more institutions have started adding Bitcoin to their holdings this year. Whether that trend continues could steer prices more than any single forecast. In the end, buying Bitcoin today carries both hope and uncertainty. For those who back its “hard money” appeal, today’s price may feel like a bargain. For everyone else, the ride ahead could be rough. Either way, the story of Bitcoin’s next moves is far from over. Featured image from Gemini Imagen, chart from TradingView

#crypto #xrp #altcoin #altcoins #digital currency #xrpusd

Ripple’s ongoing lawsuit with the US SEC is moving through the courts, and some in the XRP community say “judgment day” is close. XRP pushed past $2 late last year, only to slip back under that mark recently. For most of 2024, it hovered near $0.50, a range many traders saw as a barrier. Now, with fresh legal hurdles, believers and skeptics are both bracing for what comes next. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Legal Battle Takes A Detour According to court records, Judge Analisa Torres blocked a joint settlement on May 15, 2025. Ripple hoped to pay a reduced $50 million fine and lift a permanent injunction. Instead, the judge ruled that the motion had cited the wrong procedural rule—Rule 62.1 instead of Rule 60. Ripple and the SEC must refile under the correct rule. That move won’t overhaul the timeline, but it does mean more filings and a delay that could last months. Very soon, nothing will be holding XRP back. No lawsuit. No distractions. At that point, it all comes down to the utility we’ve been talking about for years. Judgment day is coming—and we’ll see if we were right. Will we see explosive growth? Or a slow and steady climb?… — All Things XRP (@XRP_investing) May 15, 2025 Community Pushes ‘Judgment Day’ Narrative Based on reports from XRP forums and social feeds, many holders believe “price suppression” has held the token down. They point to the long stay around $0.50 and insist outside forces prevented higher gains. After XRP rallied above $2 at year‑end, talk of suppression faded—until it fell back under $2. Now critics warn that believers are setting themselves up for disappointment, while optimistic voices say judgment day will reveal the truth and clear the way for a big rally. Utility Claims Face Competition Commentators often highlight XRP’s role in cross‑border payments through RippleNet. They predict it could capture a slice of a tokenization market projected to exceed $18 trillion by 2033. But rivals are gearing up. SWIFT is rolling out faster transaction corridors, and platforms like Ethereum, Solana and Algorand are also targeting tokenized assets. So far, real‑world XRP volume remains small compared with its total supply, and widespread adoption has yet to materialize. Bold Price Targets Draw Doubt Some analysts toss around targets of $50, $100 or even $1,000 for XRP once the legal cloud clears. To reach $100, the market cap would need to expand more than 40‑times from today’s levels. A $1,000 price tag would require an even more massive inflow of new money. Few market watchers see that happening without a major institutional push or a breakthrough in cross‑border payment adoption. Related Reading: Bitcoin Outshines All In 2025, Official Report From Russian Central Bank Says Final Ruling Could Set The Stage Ripple and the SEC both say they want this case wrapped up quickly. Yet appeals courts move at their own pace. Even the most optimistic projections point to a final decision in late 2025 or early 2026. When “judgment day” arrives, it could either validate those bullish forecasts or underscore how tough it is for XRP to shake off legal overhangs. Until then, traders will likely watch every court update more closely than utility metrics. For now, it’s still a waiting game—one that could reshape XRP’s next big move. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #btc #retail investors #digital currency #cryptocurrency #bitcoin news #btcusdt #bitcoin whales #long-term holders

Fresh on-chain data suggests that despite Bitcoin (BTC) trading close to its all-time high (ATH), long-term holders (LTHs) are not offloading their holdings. Instead, these investors are continuing to accumulate the world’s largest cryptocurrency by market capitalization, signaling their confidence in further price gains in the coming weeks. Long-Term Bitcoin Holders Are Not Selling Yet According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, profit-taking among long-term holders remains relatively low, even as BTC trades near its ATH. Historically, profit-taking activity tends to increase significantly when Bitcoin approaches its previous high, as many investors look to lock in gains. However, that has not been the case in the current market cycle. Related Reading: Bitcoin Retail Demand Rises 3.4% As Small Investors Return To The Market – New ATH Soon? The analyst highlighted that Bitcoin consolidating near ATH levels typically results in significant profit realization by market participants. Yet, current data reveals that LTH – those who have held BTC for more than 150 days – have not begun large-scale profit-taking. Specifically, the LTH Spent Output Profit Ratio (SOPR) metric is heading downwards even when BTC continues to steadily surge toward a new ATH around $109,000. The analyst explains: This decline suggests that long-term holders have not yet engaged in notable profit-taking. Instead, they appear to be accumulating, signaling confidence in higher price targets and anticipating new all-time highs. In essence, the ongoing BTC consolidation phase seems to be driven more by short-term holders (STHs) and retail traders. Historically, these investor segments are more reactive to price swings, responding swiftly to both upward and downward movements. The analyst further stated that Bitcoin is likely to resume its bullish trend following this period of consolidation. If history repeats itself, the next upward movement could propel BTC to new record highs in the mid-term. Analysis from fellow CryptoQuant contributor BlitzzTrading supports this outlook. BlitzzTrading observed that BTC whales – wallets holding significant Bitcoin holdings – have taken much less profit compared to previous bull runs.  This behavior suggests a long-term investment mindset among whales, aligning them more closely with LTHs than retail traders or short-term speculators. It’s fair to say that BTC whales are typically long-term investors, often holding their positions through market cycles, unlike smaller holders who tend to trade more frequently. BTC May Follow Gold’s Historic Price Action Interestingly, comparisons are now being drawn between Bitcoin and gold. Gold has seen impressive gains over the past two years, rising from around $1,800 per ounce in mid-2023 to about $3,200 per ounce today – an increase of nearly 75%. Related Reading: Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top? Crypto analyst Cryptollica recently remarked that BTC is likely to follow gold’s footsteps and experience similar extraordinary gains in 2025. The analyst forecasted that BTC may surge as high as $155,000 this year. Similarly, the Bitcoin Bull-Bear Market Cycle indicator is pointing toward the continuation of bullish momentum for the apex cryptocurrency. At press time, BTC trades at $101,852, down 1.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and Tradingview.com

#bitcoin #crypto #btc #digital currency #bitwise #btcusd #cryptocurrency market news

Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees as open‑door government policies. Related Reading: Dogecoin’s $1 Dream: Analyst Reveals When It Could Finally Happen Supply And Demand Gap Widens Supply is fixed at 21 million coins, with about 165,000 new Bitcoin mined each year. ETF funds, on the other hand, snapped up roughly 500,000 Bitcoin over the past 12 months. Based on reports, that’s more than three times the annual supply. When fresh coins can’t keep pace with big buyers, prices get pushed up. Corporate And Government Holding Rises Companies such as Strategy continue to add Bitcoin to their balance sheets. Based on reports, the US government already has over $17 billion in seized or held Bitcoin. There’s even talk of an executive order to source more without tapping taxpayers. Some say that could mean swapping gold reserves or selling other crypto assets. Abroad, Abu Dhabi reportedly paid $460 million for new Bitcoin, and at least 10 other governments may follow this year. Timing And Economic Volatility Hougan says Bitcoin’s big run was delayed by a spell of economic turbulence. Stocks have slid, and risk assets all felt the heat. He argues that once volatility eases, Bitcoin’s momentum will kick back in. It makes sense on paper. Yet markets can surprise. A sudden move by the Federal Reserve or a shift in borrowing costs might slow the climb again. Other Analyst Forecasts Align It’s not just Bitwise calling for $200,000. Bernstein senior analyst Gautam Chhugani has that number on his radar for 2025. And Intuit Trading’s Blockchaindaily team redrew a trendline after Bitcoin bottomed at $74,000 in April. Their line now points to $200,000 by July 2025. To go from $102,600 to $200,000, Bitcoin needs to climb about 95%. That’s a big leap, even if history shows crypto can move fast. Related Reading: Avalanche Rumbles 21% Amid Record-Breaking Address Activity Looking Ahead With Caution Meanwhile, there are clear risks on the horizon. Changes in tax rules, new trading fees, or a surprise rate hike could push prices down. Still, many believe those hurdles will clear. If ETF demand stays strong and big holders keep buying, Bitcoin may well break past its old highs. For now, investors will keep one eye on short‑term swings and another on that $200,000 milestone. Featured image from Gemini Imagen, chart from TradingView

#ethereum #bitcoin #crypto #technical analysis #digital currency #btcusd

A surprise wave of cash crashed into the crypto world, jolting prices and waking up sidelined investors. In just three weeks, over $35 billion flowed into digital coins. Numbers like that don’t come along every day. It feels like a fresh breeze after a long drought. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Analyst’s On-Chain Findings According to a May 14 post on X by crypto expert Ali Martinez, the data comes straight from Glassnode, a leading blockchain analytics firm. Ali highlighted that the market saw $35.05 billion in net inflows over the three‑week stretch. The analyst broke it down further: roughly $16.64 billion headed into Bitcoin, and about $8.44 billion went into Ethereum. Ali’s chart, named “Aggregate Market Realized Value Net Position Change,” tracks these shifts over a rolling 30‑day window and makes the rush hard to miss. Over $35 billion has flowed into the crypto market in the past three weeks! pic.twitter.com/8ad8bHt0qa — Ali (@ali_charts) May 14, 2025 Aggregate Market Realized Value Shows Surge Based on reports from Glassnode, the chart’s grey bars represent total capital that enters and stays in wallets. Since mid‑April, those bars climbed steadily, then shot up after April 26. When bars grow, it means money isn’t just passing through exchanges—it’s being parked for the long haul. Long‑term buyers appear to be staking their claim, not flipping for quick gains. Bitcoin Drives The Flows Bitcoin took the lead, soaking up roughly $16.64 billion of the total inflows. Its orange line on the chart trends upward in a steady, confident climb. That tells us buyers are still active and don’t see a reason to sell just yet. When big investors move cash, they often start with Bitcoin because it’s the most liquid and familiar asset in crypto. A strong net position change usually hints at bets on higher prices ahead. Institutional Signals And Ethereum’s Role Ethereum didn’t stay on the sidelines. It picked up around $8.44 billion during the same period, shown by its purple line. While that line is flatter than Bitcoin’s, it still points to steady interest. Some investors may be waiting on final staking rules or watching gas‑fee shifts before committing more. Yet, parked funds in ETH wallets also speak to a growing belief that its value will rise over time. At the same time, parked capital in both coins suggests institutions are gearing up for a potential rally rather than chasing quick profits. Related Reading: Price Down, Bets Up: Dogecoin Open Interest Climbs To $1.62 Billion What Comes Next There’s drama ahead. If inflows keep climbing but prices level off or slip, the market might be nearing a tipping point. Stablecoin issuance is another big factor—if issuers slow down, fresh inflows could dry up. And of course, any major regulatory move could send a shock through markets. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #stocks #crypto #btc #digital currency #wall street #btcusd

Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined. The digital currency broke through $104,000 by May 12. Traditional markets such as the S&P 500 were in the red simultaneously. Based on market data, Bitcoin’s resilience has stood out in the face of sell-offs and tariff negotiations. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Bitcoin Outpaces Stocks According to reports, the S&P 500 declined almost 1% during April, but Bitcoin rose. Other financial markets experienced losses during the same weeks. Bitcoin’s increase was made while traders considered concerns over escalating tariffs. The world’s most sought-after crypto asset was seen by some as a means to avoid fees on foreign trade. However, there is no evidence that any country utilized crypto to avoid tariffs. Settlements Via Bitcoin Based on examination by crypto expert Daan Crypto Trades, there was speculation that countries could bring trade settlements to Bitcoin. The concept gained traction since BTC stood firm even when supply chains and markets were in trouble. $BTC Has outperformed stocks since “Liberation” / Tariff Day on the 2nd of April. It held up incredibly strong during a sharp sell off on stocks in April. It then also proceeded to outperform as the markets bounced and tariffs were implemented. Back then people were wondering… pic.twitter.com/gfvfH80TVP — Daan Crypto Trades (@DaanCrypto) May 11, 2025 Nevertheless, experts note that big on-chain transactions are out there in the open. Regulators would catch any large cross-border payments made in crypto. There has not been a reported case of governments turning to Bitcoin in order to sidestep duties. Testing Key Resistance Levels According to chart analysis by Rose Premium Signals, Bitcoin is currently testing a crucial barrier at $105,000. If BTC breaks down there, it might retreat into the $100,000 zone. Some pattern observers claim an Inverse Head & Shoulders configuration could develop. ???? $BTC Market Update#Bitcoin is currently testing the Weekly Supply Zone around $105,000 ???? ???? The most likely scenario is a rejection from this level, leading to the formation of an Inverse Head & Shoulders pattern — a setup that could create space for a mini #altseason ????… pic.twitter.com/aLSPi5qhuq — Rose Premium Signals ???? (@VipRoseTr) May 11, 2025 That pattern requires two distinct shoulders and a lower trough in the middle. Currently, the swings have been unbalanced, muddying the image. A rejection might be followed by a brief period of altcoin accumulation before Bitcoin takes off again where it left off. Related Reading: New XRP Rally Incoming? Analyst Believes This Cycle Is Unique Long-Term Outlook Stable As per market observers, most investors will be looking to purchase dips if Bitcoin breaks resistance. They add that higher prices will put the limelight on pullbacks. Dips provided entry points during previous rallies. But Bitcoin’s extensive runs persist for several months, not days. Risks are still seen by traders: potential rate increases, regulations on crypto, and fresh tokens competing for attention. Meanwhile, increasing ETF flows and fortified wallets reassure others. Based on accounts of US–China trade negotiations, any agreement would reduce some tension. But there are drivers of Bitcoin’s price that are independent of global tariffs. Monetary actions, large investors, and sentiment drive big moves. If BTC continues to outrun stocks, it might solidify itself as an alternative in global markets. In the meantime, traders are waiting for the next direction at those important levels near $105,000. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #xrp #altcoin #altcoins #digital currency #xrpusd

XRP investors are keeping an eye on a crucial price level this week. Bitcoin has managed to reclaim above $100,000 and Ethereum is over $2,300. XRP has recorded a modest increase as well but still hovers at the lower part of the $2 price range. From a chart of a market observer who goes by the name of “Guy on the Earth,” XRP has held above a persistent horizontal trendline at $2. Historical Price Rollercoaster Back in March 2017, XRP burst in price, rising from $0.0055 to a high of $3.80. After peaking at that all-time high in January 2018, it fell hard. XRP initially broke through $2 on December 30, 2017. By January 13, 2018—two weeks later—it dipped below again. That initial test revealed the $2 level was more resistance than support for new buyers. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Failed Breaks After Rally XRP attempted to break past that level once more in April 2021. It peaked at $1.96 but could not make further progress. From January 2018 all the way up to December 2024, the $2 line acted as a ceiling. Traders watched it cap price action for almost seven years. Every time XRP hit against that wall, it fell back into the $1 zone. $XRP Thats about as clean as it gets. This time it is different. This time it’s XRP. pic.twitter.com/9mK8QVuQVX — Guy on the Earth (@guyontheearth) May 9, 2025 Recent Break Above Two Based on reports, XRP finally cleared the $2 trendline in December 2024, when broader markets jumped on a bullish wave. Since then, the coin has stayed above this line for almost five months. That’s a first in XRP’s history. While its bounce hasn’t been as fast as Bitcoin’s or Ethereum’s, holding this level longer than ever feels different. Analyst Predictions And Warnings As per “Guy on the Earth,” remaining above $2 would pave the way for greater prices. He previously predicted an increase to $3.30, which already occurred. His next goal rests at $5.30, where he advises traders to take profit. He said “this time is different” for the altcoin. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Wider Risks And Outlook This trend in prices is just half the story. Ripple’s legal battle against the SEC and regulatory updates for crypto would do the trick. On-chain metrics such as active accounts or large transfers would put some perspective behind that $2 hold. Traders should pay attention to sudden spikes in daily volume around this line. If XRP drops below $1.80 on a daily chart, some analysts will declare the setup invalid. For the moment, however, many view this extension above $2 as a signal that XRP’s next act could be better than its previous one. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #btc #digital currency #bitcoin news #btcusd

Sovereign wealth funds have begun to dabble in Bitcoin, but massive bets remain on hold. State‑owned funds won’t go big, SkyBridge founder Anthony Scaramucci has said, until the United States sets out with certainty how digital assets will be part of its financial system. He spoke on Anthony Pompliano’s podcast on May 8, and it is only a matter of waiting. Related Reading: 3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play Anticipation For US Regulation Scaramucci averred that unless US lawmakers provide strong direction, big-ticket purchases by sovereign funds will not happen. He cited the regulation of stablecoins, guidance on bank custody of tokens and pilot programs for tokenized stocks as the pieces missing from the puzzle. If Congress enacts a stablecoin bill this year and regulators detail how banks may hold Bitcoin and other tokens, those funds will be comfortable enough to move out of small, tactical trades. Sovereign wealth funds and institutions are quietly buying bitcoin.@scaramucci explains what is happening ???? pic.twitter.com/mDLmyE8iaL — Anthony Pompliano ???? (@APompliano) May 9, 2025 Existing Allocations Remain Modest According to reports, the majority of sovereign funds have maintained their Bitcoin holdings small. Norway’s sovereign fund, the globe’s largest with around $1.73 trillion under administration, and China’s $1.33 trillion pool have only made insignificant purchases up to now. Bitcoin’s market capitalization is close to $2.05 trillion. At this size, even a $100 million transaction would hardly make the charts wobble. This degree of restraint illustrates how careful these investors are. Legal Steps Could Unlock Demand If banks are allowed to custody digital assets, and tokenized stocks and bonds begin trading on regulated exchanges, Scaramucci anticipates a change. He’s previously spoken of “large blocks” of sovereign wealth funds that will be holding $10 trillion, $20 trillion or even $30 trillion or investing $500 million or $1 billion orders. When those blocks are released into the market, price fluctuations may be dramatic. Executing an order of that magnitude in a narrow trading window would drive values higher quickly. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Outlook For Price Movements There are some analysts who believe that Bitcoin crosses new milestones. ARK Invest CEO Cathie Wood stated in February that seven-figure prices in 2030 are more feasible now due to increased interest among large institutions. If sovereign funds approach Bitcoin as merely another asset class, with each new wave of demand further restricting available supply, it can pave the way for a race that many investors only fantasize about today. The path forward can still turn and curve. Scaramucci has proposed a crypto bill in America by November, but Washington’s timeline can fall behind. Europe and some of Asia are meanwhile operating pilot schemes for tokenized assets and building sandboxes for stablecoins. Those tests may entice some sovereign players earlier. Deep pockets are currently waiting, watching for a definite sign before they put their largest wagers. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #altcoin #altcoins #digital currency #trump #memecoins #trump token

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they’re paying close attention to order books to determine if prices will fall. Meme-coin community tension is building. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Massive Token Transfer Between Exchanges According to reports, the 3.5 million‑token decrease was allocated on four key platforms. 1.5 million tokens worth approximately $22.41 million were given to Binance. 1 million tokens, worth around $15.06 million, were distributed to OKX. Both Bybit and Coinbase received 500,000 tokens, approximately worth $7.53 million and $7.48 million, respectively. The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP($52.66M) into exchanges again.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz — Lookonchain (@lookonchain) May 10, 2025 Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges’ choice shows the owner’s accessibility. Statistics come directly from the public blockchain. Market Maker Joins The Fray Simultaneously, market maker Cumberland DRW transferred 300,000 tokens to OKX for approximately $4.4 million. Combined with previous deposits, over $24 million worth of TRUMP tokens flowed onto exchanges in recent days. Chain observers noted the timing, as the activity preceded a high-profile political reception on May 22. Some investors are concerned it is a sign of a group exit strategy among large holders. Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer. WLFI Increases Crypto Holdings Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million. It also acquired 9.7 wrapped Bitcoin, valued at approximately $1 million. That spree comes on the heels of another $19.58 million token deposit that appeared on exchanges on April 29. A wallet likely linked to #Trump’s World Liberty(@worldlibertyfi) bought 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~30 minutes ago.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G — Lookonchain (@lookonchain) May 9, 2025 WLFI is associated with a political figure, which adds to the hype surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Price Movements Indicate Volatility Despite sell-off fears, TRUMP increased 2.50% over the last 24 hours and was trading at $14.09 at press time. That’s lower than a recent high of $15.15. The token’s market cap is close to $2.85 billion and 24‑hour volume is almost $2.77 billion. Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days. If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #whales #btc #digital currency #bitcoin news #btcusd

Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395. But buyers emerged at around $94,000, halting the decline and allowing BTC to recover fast. Then, the coin started rising again, piercing through pivotal levels that had earlier served as resistance. Related Reading: Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing? Key Resistance Levels Broken As Bulls Step In Bitcoin didn’t remain down for long. It broke above $94,600 and even broke a bearish trendline at around $94,755. That opened the doors for another break higher. It continued to breach above $96,500 and is now trading inching closer to the $97k level. The 100-hour Simple Moving Average is also below the current price, which is generally a bullish indicator for momentum. Currently, traders are waiting to see whether BTC will break above $97,000. If that occurs, the next target might be $98,800 or even $100,000. This price level has been a top target for most traders in the last few months. Whales Add Over 81,000 BTC In Six Weeks Large holders, or whales, are gaining confidence. Wallets that hold between 10 and 10,000 BTC have accumulated more than 81k BTC in the last six weeks. Such wallets tend to belong to institutions or long-term investors who prefer to buy when prices are relatively stable or low. ???? As May progresses, Bitcoin’s key stakeholders are mostly moving in the right direction if you’re rooting for $100K $BTC in the near future. Wallets with the highest correlation with crypto’s overall market health (10-10K BTC wallets) have accumulated a combined 81,338 more… pic.twitter.com/4DKhOwROgx — Santiment (@santimentfeed) May 6, 2025 Meanwhile, smaller holders owning less than 0.1 BTC have sold off 290 BTC in the same period. The difference in behavior between large and small holders is catching attention. In the past, similar trends have been followed by strong price surges. $734M In Shorts Wiped Out Many short sellers who were making bets on lower prices got caught out around $95,600. Coinglass analytics indicate that short positions exceeding $730 million were swept out when Bitcoin broke above that level. It had been resistance for days. But once buyers retook it, the price exploded and traded as high as $97,200. That move lifted morale among bullish traders and generated fresh momentum within the market. Further liquidations might occur if BTC continues to climb. Related Reading: Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say Derivatives Reflect Bulls in Charge The derivatives market is likewise turning bullish. Coinglass indicates long positions come out at approximately $2.14 billion, versus $2 billion in short positions. That discrepancy won’t be gigantic, but it’s sufficient to tip the balance towards the bulls. If Bitcoin cannot remain above $97,750, then it could fall slightly. Support is approximately $96,650. If that gives way, then it could move down to $95,400 or $95,200. Further support awaits at $94,400 and then $93,100. But for now, the sentiment is upbeat, and everyone is watching that $100K barrier. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #btc #technical analysis #digital currency #cryptocurrency #bitcoin news #btcusdt #stochastic rsi #momentum indicator #wyckoff accumulation

Bitcoin (BTC) has surged 14.6% over the past two weeks, rising from approximately $84,500 on April 18 to the mid-$90,000 range at the time of writing. With this upward momentum, the leading cryptocurrency appears to be setting its sights on a new all-time high (ATH), as several technical and momentum indicators hint at a growing bullish trend. Bitcoin Monthly Stochastic RSI Turning Bullish In a recent post on X, crypto analyst Titan of Crypto shared a BTC monthly chart indicating that the Stochastic Relative Strength Index (RSI) is on the verge of a bullish crossover. For the uninitiated, a Stochastic RSI bullish crossover signals growing upward momentum and is often interpreted as a potential buy signal or the start of a potential rally. Titan of Crypto added that if confirmed, the bullish crossover may initiate BTC’s next leg up. Related Reading: Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts, Analyst Says As an example, the analyst referred to BTC’s price action on the monthly chart from back in Q3 2021. At the time, a similar bullish crossover in the Stochastic RSI preceded a 56.9% surge in Bitcoin’s price. However, Bitcoin must hold above crucial support levels to maintain this bullish structure. In a separate X post, renowned analyst Ali Martinez noted that BTC could re-test the $95,700 support zone before advancing toward the $100,000 milestone. On the resistance side, Martinez emphasized that $97,530 remains a “key level to watch.” A successful breakout beyond this threshold could pave the way for BTC to revisit or surpass its previous ATH. As it stands, Bitcoin is trading roughly 10% below its record high. Analysts Predict BTC’s Next Move Crypto analyst Rekt Capital also weighed in on BTC’s potential trajectory. In an X post published yesterday, he suggested that once BTC decisively breaks through the $97,000 to $99,000 zone, it could face rejection near $104,500. Following that, holding the $97,000–$99,000 range as support would be critical for BTC to launch toward new highs. Related Reading: Bitcoin Demand Momentum Yet To Recover From Deep Negative Zone, Analyst Says Similarly, analyst Ted noted that BTC is currently trading in a Wyckoff accumulation phase. The analyst added that BTC’s slide below $76,000 in early April was likely the bottom for this market cycle. He added: Looking at the Wyckoff accumulation pattern, it seems like the $96K-$99K level could act as a resistance. I think BTC could consolidate here for a few days, before eventually breaking to the upside. Despite bullish momentum, some concerns remain. Analysts caution that Bitcoin is unlikely to face a true supply shock in the immediate future, which could temper upside potential. At press time, BTC trades at $97,142, up 0.9% in the past 24 hours. Featured image created with Unsplash, charts from X and TradingView.com

#bitcoin #blockchain #crypto #btc #digital currency #bitcoin news #peter brandt #btcusd

Prices for bitcoin skyrocketed to the $97,000 level today, increasing more than 2% and closing in on the symbolic $100,000 level. The cryptocurrency is in its continuing surge that has gotten investors enthusiastic so far in 2025. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Market Old Timer Forecasts Significant Price Target According to trading analyst Peter Brandt, Bitcoin may rise to $125,000 to $150,000 come late summer or early autumn. His forecast, made in social media posts a few hours prior to this report, is that the increase may occur in August or September 2025. This is based on Bitcoin successfully re-taking what Brandt refers to as its “parabolic trendline” – a technical chart pattern which demarcated earlier price cycles. The prospective move from the present levels near $96,000 to Brandt’s higher target of $150,000 would amount to a 56% return for buyers at today’s prices. Hey @scottmelker If Bitcoin can regain the broken parabolic slope then $BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction pic.twitter.com/WUUzxl0ckn — Peter Brandt (@PeterLBrandt) May 1, 2025 Technical Analysis Indicates Multiple Patterns According to Brandt’s weekly chart analysis, Bitcoin is presently rising within what he sees as a bullish wedge formation. The cryptocurrency is also still within a long-term rising channel that has been holding price in check over the past few years. His chart also shows certain technical patterns that preceded Bitcoin price movements in history such as Head and Shoulders, Channels, and Expanding Triangles-all basic trends among technical traders. Timing In Accordance With Historical Halving Cycles The predicted high peak for Bitcoin in 2025 from August to September is in accordance with what has taken place after these past halving events. Those halvings – reducing the rate of new Bitcoins created – were always followed by price highs 12-18 months later. With the last halving occurring in April 2024, Brandt’s prediction is well within this likely timeframe. This association with Bitcoin’s supply dynamics makes some traders believe the forecast. Related Reading: Double Trouble Or Double Gains? Shiba Inu Shows Signs Of Reversal Amid Massive Burn Warning Of Severe Correction Following Peak Interestingly, the market expert has not merely predicted a high. Brandt believes Bitcoin could plunge dramatically, by more than 50%, after the top of its cycle, possibly taking prices all the way back down to $60,000-$75,000. While Bitcoin’s current price actions show strong upward momentum, seasoned investors know the market can change direction pretty quickly; 24/7 trading and worldwide participation has sometimes contributed to speed of execution and rapid price changes that would take unprepared traders by surprise. For the moment, however, Bitcoin’s race toward $100,000 is still attracting attention from longer-term believers and first-timers alike, hoping to cash in on what could be yet another historic run in cryptocurrency markets. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #altcoin #tokens #digital currency #coingecko

A wave of failures on a previously unimaginable scale has swept over the crypto market at the start of 2025, with a record 1.8 million tokens collapsing during the first quarter. That is almost 25% of all crypto tokens issued since 2021, says a report by crypto information platform CoinGecko. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development A Quarter Of All New Crypto Tokens Collapsed In First Three Months Of 2025 The meltdown hits a massive portion of the crypto market. According to CoinGecko research analyst Shaun Paul Lee, of the almost 7 million cryptocurrencies listed since 2021, over half (3.6 million) have ceased trading entirely. The mortality rate has surged significantly from earlier years. The first three months of 2025 experienced more token failures than any calendar year on record, Lee wrote in his April 30 report. The figure is especially noteworthy compared to the whole span from 2021 through 2023, which represented only 12.6% of all cryptocurrency failures in the last five years. Trump’s Presidency And Market Turbulence Linked To Crypto Demise As the report states, the recent die-off of tokens coincides with wider market volatility since Donald Trump’s inauguration as US President in January. As Bitcoin hit an all-time high during this period, it was followed by a steep decline in crypto markets. Things got worse in March, when both cryptocurrency and equity markets saw unprecedented volatility. This volatility followed Trump’s threat to apply sweeping tariffs, which caused shockwaves in multiple financial markets. Easy Token Creation Tools Caused Market Flooding The record surge in token failures begins back in January of 2024, when an easy token creation tool called Pump.fun emerged. The website allowed for it to be extremely easy to build new cryptocurrencies, causing a torrent of memecoins and lazy projects to flood the market. More than 3 million new crypto tokens were released in 2024 alone – almost four times the amount of 2023, which had slightly more than 835,000 new additions. Prior to Pump.fun, cryptocurrency failures were not very common, with figures in the “low six digits,” Lee’s analysis said. Almost All Pump.fun Tokens Fail To Graduate To Open Market The statistics are such that approximately 98% of tokens minted on Pump.fun do not live past the site. Even at the platform’s most successful week in November of 2024, only 1.67% of memecoins managed to transition to the open market. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed CoinGecko founder Bobby Ong noted in a March report that investor demand for memecoins seems to have dissipated following a string of failed launches. He specifically cited the aftermath of the Libra (LIBRA) token launch as part of the reason. Although Pump.fun saw its all-time weekly trading volume after Trump’s memecoin launched on January 18, the volatility that followed in the markets seems to have subdued the excitement in the crypto sector. The report indicates how the marriage of simple token creation software and volatile market conditions has formed a perfect storm for cryptocurrency collapse, with no indication that the trend will be slowing down as we progress further into 2025. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #btc #digital currency #bitcoin news #btcusd #bitcoin euphoria

Bitcoin continues to attempt to breach the $95,000 barrier with investors looking out for indicators that it might indeed do so. The digital money has failed to breach the point of resistance at this level since last Friday, market data revealed. Still, despite this strain, a very impressive 91% of entire supply of Bitcoins are in the black, reflecting what market strategists describe as the “euphoria phase” of market activity. Related Reading: XRP Headed For $1,000 – CryptoGuard Exec Drops Bold Prediction Profits Soar As Market Rebounds The strong percentage of profitable Bitcoin holdings is during a recent market recovery, according to data from analytics firm CryptoQuant. Technical expert Darkfost notes that when Bitcoin supply in profit is over 90%, it generally represents the last phase of a bull market. This phase usually sees large price rises before any correction takes place. During recent price drops, the supply in profit nearly fell to 75%, a level that analysts believe could have triggered widespread selling if breached. Market Pressure Eases On Holders The current context provides room to breathe for Bitcoin holders. Since the majority of holdings are in profit, investors are less pressed to offload their coins during times of market uncertainty.   This diminished pressure might assist in sustaining Bitcoin’s price stability near the $95,000 level and gaining steam for future upside potential. As per various experts, this period of diminished selling pressure tends to lead to significant price action in cryptocurrency markets. Analysts Project Possible $250,000 Bitcoin Some institutions have made some high-profile Bitcoin price predictions. Standard Chartered is predicting that the cryptocurrency will hit $120,000 by the second quarter of 2025. Other market analysts have predicted higher prices, in the range of $200,000 to $250,000, before the year’s end. These are some of the predictions as Bitcoin traded at $94,900, just below the psychological $95,000 mark that has been challenging to crack. History Indicates Caution Following Euphoria Although the market mood is positive today, CryptoQuant cautions that history indicates a pattern of corrections after these euphoria periods. Historical data from past Bitcoin bull cycles suggest that after such periods of high profitability, corresponding massive price declines usually ensued. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed In previous cycles, the proportion of Bitcoin supply in profit has dropped to approximately 50% at these times of correction – a characteristic of bear market situations. The euphoria phase is not permanent, with CryptoQuant CEO Ki Youn Ju intimating such periods usually last from three to 12 months before the corrective action sets in. The ongoing Bitcoin cycle has witnessed consistent growth over the past few months, driving the percentage of profitable holdings to levels that indicate both opportunity and caution. As investors observe the $95,000 resistance level, many are asking whether history will repeat itself in another spectacular price spike before an eventual correction. With 91% of Bitcoin currently in profit, the market is at a critical point that will challenge both bullish forecasts and historical trends in the coming months. Featured image from Gemini Imagen, chart from TradingView

#crypto #ripple #xrp #altcoins #digital currency #token #cryptocurrency market news

CryptoGuard Chief Operating Officer Matthew Brienen is demonstrating considerable confidence in XRP. Speaking during the first episode of the “Ask Matty Show,” Brienen explained that he is convinced that XRP is likely to surge to a high of $1,000. His remarks occur at a time when the altcoin remains the world’s fourth-largest cryptocurrency by market capitalization. Related Reading: XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says Brienen further divulged that half of his private crypto collection is XRP. Although he refused to cite the precise quantity of tokens in his ownership, he declared that he started buying the altcoin incrementally beginning from 2020. Short- And Long-Term Plans For His XRP Holdings Matthew Brienen clarified that he has varying aspirations for XRP in the future. Short term, he aims to liquidate the majority of his holdings in the next few years. He indicated the 2024-2025 bull cycle as a period when he would likely take profits and unwind his exposure. In the longer term, Brienen plans to hold a smaller portion of XRP in his portfolio for five to 10 additional years. He is counting on the crypto’s increasing adoption in cross-border payments to drive its price higher in the future. Brienen pointed out that XRP transactions are quick, settling in under five seconds, and only costing a fraction of a penny. Forecast: $100 Or Even $1,000 Brienen didn’t stop at short-term plans. He went on to predict that XRP could climb to between $100 and $1,000 within the next 10 years. With XRP trading around $2.05 at the time of his comments, reaching $100 would require a jump of about 4,770%, and hitting $1,000 would mean a surge of roughly 48,600%. From these figures, an investment of 5,000 coins worth roughly $10,250 at current levels would be worth $500,000 at $100 prices, or $5 million at $1,000 prices. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says XRP Market Cap Would Have To Experience Dramatic Expansion If XRP goes to $100, its market cap would increase to around $5.84 trillion with the circulating supply remaining constant. If it goes to $1,000, its market cap would burst to nearly $58 trillion. These are values that would have XRP’s value far exceeding today’s entire global economy. Despite the humongous climb needed, Brienen indicated he feels the $1,000 goal is achievable. He did not promise it would occur, but he indicated he sees a scenario where XRP’s technology and speed of payment could fuel long-term development. Featured image from Blockzeit, chart from TradingView

#bitcoin #crypto #xrp #altcoins #digital currency #xrp news

A top Korean Elliott Wave expert has forecasted that XRP may move between $10 and $40 over the next few months, which reflects possible gains of as much as 1,726% from current market levels. XForceGlobal, Korea’s first ever certified Elliott Wave analyst, is of the view that the cryptocurrency has entered the completion phase of its correction cycle and now stands ready to go into a big bull run. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Technical Pattern Signals End Of Downward Trend XRP has completed what technical analysts term a “WXY corrective pattern” as per XForceGlobal. The technical pattern has often indicated that a period of a pullback is concluding. The analyst said Wave W was the initial response of the market to profit-taking once XRP had risen six times in price. Wave X momentarily picked up the upward trend with minimal momentum before Wave Y concluded the correction with another orderly downward trajectory. The cryptocurrency fell approximately 50% from its January 2025 peak of $3.33 to a low of $1.638. However, it has since rebounded by 34% to trade at $2.20 at the time of reporting. $XRP We’ve been calling for this exact pullback for months. We are inching that much closer to a historic breakout to $10+. Progress may be gradual, but it’s undeniable. https://t.co/QxWbJRPhMq pic.twitter.com/9lbnZjaTHz — XForceGlobal (@XForceGlobal) April 24, 2025 Price Targets Range From $10 To $40 XForceGlobal’s analysis puts XRP in wave 2 of a bigger fifth wave, indicating the next big move would be a strong wave 3. The analyst has had a minimum target of $10, which would be a 350% rise from current levels. His upper target of $40 would be an unprecedented 1,726% rise. The prediction relies on Elliott Wave Theory, which tries to foresee market movements through patterns of investor sentiment expressing themselves in price waves. The predictions rely on the strength and expansion of waves 3 and 5 within the overall structure of the market. Korean Markets Act As Leading Indicators XForceGlobal pointed out that Korean cryptocurrency exchanges play a vital role in the prediction of XRP price fluctuations. In the opinion of the analyst, Korean markets have in the past led in the recognition of significant XRP tops and bottoms. The similarity between XRP’s Korean won (KRW) chart and its US dollar chart was highlighted as especially significant. “We’re seeing the same structure on both charts. That adds conviction that wave 2 may be complete,” the analyst said. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Investment Strategy Recommendations Although the recent 40% advance from lows is the current state, XForceGlobal described recent short-term decline as typical market action. The analyst indicated that “smart money” is already accumulating in XRP as retail interest starts coming back. XForceGlobal compared the strength of XRP’s community against the reported dwindling enthusiasm for Ethereum and Solana. The last stage of this cycle might involve a vertical, parabolic price action, perhaps initiating a new wave of FOMO among investors. Featured image from CoinFlip, chart from TradingView

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A long-time supporter of XRP who is not afraid to speak his mind has issued stunning predictions concerning the future value of the cryptocurrency. His assertions have both interested and confused investors. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show Investor Forecasts 50-Fold Return On XRP As per the Alpha Lions Academy founder Edoardo Farina, an investment of $1,000 in XRP today can increase to more than $50,000 in the future. The estimate is based on the altcoin crossing Farina’s desired price target of $100 per token, from its current value of around $2. “Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+”, Farina tweeted recently. Farina previously revealed he will not sell any of his XRP holdings until the price reaches at least $100 per token. He terms the coin as sitting at the hub of what he refers to as a “multi-generational pump” and points out its potential function within the international finance system. XRP @ $2 Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+ 50x return — EDO FARINA ???? XRP (@edward_farina) April 18, 2025 Minimum Holdings Suggestion Sparks Skepticism According to reports, Farina urges retail investors to own a minimum of 1,000 XRP tokens. He asserts that such an amount is the minimum one needs in order to take advantage of the use and greater adoption of XRP in the future. Such opinions regarding the issue have been unequivocal. Farina has reportedly said that individuals who have fewer than 1,000 XRP tokens “don’t care enough about their financial success” and called possessing less than that amount “insanity.” Though these comments represent Farina’s individual investment strategy, they echo a developing perception among XRP enthusiasts that the asset is undervalued and poised for strong growth if regulatory clarity increases and more businesses embrace it. Doubters Challenge The Life-Changing Assertions Not everyone shares Farina’s positive perspective. Doubters have raised issues with his assertion that $1,000 in XRP today may be worth $50,000 someday. One critic pointed out that even if XRP hits $100 and converts $1,000 into $50,000, this may not be sufficient for early retirement. The remark points out that what appears to be a good return may not necessarily be the life-altering wealth many investors expect. Questions also arise regarding if XRP will ever hit the $100 level, and if so, how long it would take to arrive there. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Price Target Timeline Indicates Long Way To Go The journey to $100 looks long for XRP, which is currently trading at about $2. It would need a nearly 5,000% rise from where it is now to reach $100. Featured image from Pexels, chart from TradingView

#bitcoin #crypto #ripple #xrp #altcoin #altcoins #digital currency #token

XRP owners experienced a rollercoaster ride last week as the cryptocurrency fought to remain above the $2 level. The altcoin, which recently exchanged hands at $2.13, fell by almost 20% between April 5 and 7, touching a five-month low of $1.78. However, the token soon regained its ground with a 15% jump the next day, reclaiming the $2 region – although it still struggles to maintain this position. Related Reading: BNB Goes Up In Smoke: CZ Honors Nearly $1 Billion Token Burn Promise Market Analyst Unfazed By Volatility Technical analyst Cryptominder remains unfazed by recent price swings, boldly declaring he’s buying XRP at today’s prices. Though certain experts foresee levels between $12 and $15, Cryptominder has put forward an ambitious goal of $50 by 2030. This prediction is a whopping 2,330% climb from today’s levels around $2.06, with annual growth of over 80% for the next half-decade. This growth rate is within reach, says Cryptominder, citing last year’s 230% price appreciation of XRP as proof. The analyst went as far as to say that market observers would look back at his call with acknowledgment in the future. In 5 years from now $XRP will be over 50$ price. Today is the day you will remember. You will say to your friends that we never believed in XRP when it was 0.09$ we never believed at 0.35$ we never believed at 2$. I buy this XRP you are not. I bought at these prices! — Cryptominder (@Crypt0minder) April 17, 2025 Skeptics Reminded Of Previous Missed Opportunities Cryptominder targeted risk-averse investors who are reluctant to purchase at $2. He compared it to the same sentiment during the time when XRP only cost $0.09 in May 2017 and then subsequently at $0.35. Both prices eventually realized significant returns for investors who purchased in, he asserted. The analyst pointed to his own experience purchasing at these lower levels, and indicated that the current $2 level might provide similar potential for expansion. This pattern in the past is the foundation for his lofty $50 target. Other Analysts Share Similar Optimism Cryptominder is not alone in being bullish. Following reports, Amonyx said last August XRP would beat $10 before hitting $50, stating “no one could stop the momentum.” More recently, Edoardo Farina intimated that investors would kick themselves for failing to buy if and when XRP hits $50, so far even making a suggestion on the potential at $100. #XRP will quickly go above $10+ and then above $50+, there is nothing you can do about it. ????#XRPHolders #XRPCommunity pic.twitter.com/B8pFABeZLK — Amonyx (@amonbuy) August 28, 2024 Some market experts seem to support these estimates, predicting a high price of $48 for XRP by 2030 – similarly close to Cryptominder’s estimate. However, other analysts provide a more cautious timeline, estimating that XRP will not hit the $50 mark until 2033. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report Price Performance Shows Recent Recovery Efforts The recent price action indicates XRP making efforts to stabilize following its steep decline. Having recently retreated to $1.78, the altcoin was able to recover and drive back above $2, albeit holding on to this level has not been easy. Market observers point out that even with these challenges, bears have yet to fully take over the price action. Based on price charts, XRP must set stronger support higher than the $2 psychological mark in order to gain momentum towards any future expansion. The fact that the token managed to bounce back by 14.33% in a single day reflects the potential for sudden movements in either direction and illustrates the extremely volatile nature of cryptocurrency markets. Featured image from Shutterstock, chart from TradingView

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Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Online Influencers Push Optimistic XRP Price Targets Based on social media comments, XRP supporter Duefe recently asserted that holding 1,000 coins could be sufficient to gain “a joyful and free life” by 2029. This is a remarkable prediction based on prices now. Based on today’s price of $2.17 per token, 1,000 XRP would be worth $2,170. For this modest investment to equal $1 million – a figure many believe is required for early retirement – every XRP would have to reach $1,000. This kind of expansion would necessitate a price increase of more than 45,900% from where they are today. 1000 XRP is enough for a joyful and free life. Just hold until 2029.$XRP — Duefe (@cryptoshab) April 14, 2025 Other voices within the XRP universe concur. Edo Farina, one of the best-known advocates, has gone so far as labeling the choice to not hold a minimum of 1,000 XRP as “insanity,” according to reports from within the crypto space. Not owning at LEAST 1,000 $XRP is the definition of insanity. ???? Full Video: https://t.co/hWuxKcPx6E pic.twitter.com/j05yZ4ei6Q — EDO FARINA ???? XRP (@edward_farina) March 17, 2025 Wallet Data Shows Limited Distribution Statistics from the XRP Rich List indicate that a mere 230,500 wallets now hold between 500 and 1,000 units. Of the 6.38 million total wallets out there, only 10% (approximately 638,000) have 2,500 tokens or more. These statistics indicate that if such astronomical price rises did happen, the wealth would be in the hands of a relatively small number of early adopters. Price Projections Differ Considerably Among Experts Not every prediction sets its sights as high as $1,000 per token. Some estimate XRP could hit at least $25 by 2029. Although this is well below the $1,000 it would take to convert 1,000 XRP into $1 million, it would still be a return of about 1,000% above today’s price. Others think the $1,000 price could be achieved, but within a longer timeframe of around a decade. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs XRP Holder Count Steady At 4.81 Million Over The Past Month Meanwhile, the count of XRP holders on the mainnet has been incredibly stable between March 18 and April 15, staying close to the 4.81 million mark based on data from CoinCarp. The stability indicates that investor sentiment for XRP has been stable, with no indication of large-scale accumulation or large-scale exits. In the face of market uncertainty or price oscillations in the same time frame, holders of XRP seem to be holding steady, perhaps indicative of faith in the long-term value of the token or a wait-and-see attitude among retail and institutional players alike. Data also indicates a more mature base of holders who are not responding irrationally to short-term price swings. Featured image from Pexels, chart from TradingView

#ethereum #eth #ether #technical analysis #altcoin #digital currency #cryptocurrency #ethusdt #ethereum news

Ethereum (ETH) has plunged 30% over the past two weeks, reflecting broader weakness across the crypto market as the global economy reels from escalating tariff wars. Crypto analyst Ali Martinez warns that ETH could fall even further in the near term, potentially testing the $1,200 level. More Pain For Ethereum, But A Recovery Is Possible Ethereum continues to struggle amid global economic pressures. The world’s second-largest cryptocurrency by market cap has dropped another 8.3% in the past 24 hours and is currently trading in the mid-$1,000 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Commenting on the recent price action, seasoned analyst Martinez highlighted that ETH could find key support at the $1,200 mark. He shared the following daily chart of ETH, showing how the digital asset has broken through multiple support levels since December 2024, when it was trading near $4,000. Meanwhile, renowned analyst Carl Moon noted that ETH is currently trading below its realized price of $2,000. He pointed out that the last time this occurred – back in March 2020 at the height of the COVID-19 pandemic – ETH had dropped from $289 to $109. On a more optimistic note, Moon added that ETH recovered swiftly after that steep decline. Based on historical trends, the current price level could present a potential buying opportunity for long-term investors. For those unfamiliar, the realized price for accumulation addresses – as shown in the above CryptoRank chart – represents the average price at which long-term holders acquired ETH. This metric has historically acted as a strong support zone. Is ETH About To Surprise The Market? With market sentiment approaching historical lows, confidence in ETH appears to be dwindling. The Ethereum Fear & Greed Index currently sits at 20, indicating “extreme fear” among investors. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Despite the bearish mood, some on-chain metrics and historical patterns suggest ETH could be on the verge of a strong bullish reversal – potentially catching investors off guard. For example, crypto analyst Mister Crypto recently drew a comparison between ETH’s current price action and that from 2020, suggesting that Ethereum could embark on a price rally by Q2 2025. Similarly, Ethereum’s Market Value to Realized Value (MVRV) Z-score hints that ETH may be undervalued at current price. The last time it was this undervalued – in October 2023 – it witnessed a sharp rally of 160%. That said, not all indicators are bullish. Rising ETH exchange reserves continue to raise concerns about potential sell pressure from holders. At press time, ETH is trading at $1,457, down 8.3% over the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

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Major cryptocurrencies plunged to multi-month lows today as investors sold off digital assets amid broader market concerns. XRP fell to $1.65, Bitcoin dropped to $74,100, and Ethereum crashed to $1,390 in what analysts are calling a significant market correction. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Loses 20% In Single Day According to market data, XRP experienced its worst trading day since November 2024, falling 20% from $2.11 to $1.65. This sudden drop comes as part of a wider sell-off affecting the entire cryptocurrency sector. The biggest cryptocurrency by market cap, Bitcoin, also experienced steep losses, reaching $74,000 – a five-month low. It seems even more dire for the holders of Ethereum, who have seen their investment decrease in value by 60% over the last 90 days, bringing prices to pre-early 2023 levels. Market Veterans Point To Previous Recoveries While fear spreads among newer investors, some cryptocurrency observers are calling for calm by mentioning earlier market downturns that eventually translated into record-breaking gains. REMEMBER THE COVID CRASH IN 2020… $BTC was $3,850 $ETH was $100$XRP was at $0.11… And all these projects went on to create millionaire’s over the next few years! In times of crisis, you can follow the masses or go against the heard. ???????? pic.twitter.com/RzGsOEtkkB — Good Morning Crypto (@AbsGMCrypto) April 7, 2025 Good Morning Crypto host Abdullah Nassif put followers in perspective by reminding them of the 2019 COVID-19 market crash. According to his statements, Bitcoin fell as low as $3,850 back then, with Ethereum selling as low as $100 and XRP falling to a low of $0.10. The bounce back from those lows was significant. Bitcoin subsequently hit $69,000 in 2021 and $110,000 at its latest high – gains of 1,700% and 2,750% respectively on the 2019 low. That would mean an investor who put $40,000 into Bitcoin in the 2019 crash could have had their assets increase to more than $1 million by January 2025. Optimism Despite The Sell-Off Certain market players feel the current downtrend is a short-term affair and could bring with it the kind of buying opportunities seen during past market downturns. According to some analysts, although investment during times of market stress is a courageous step, past experience suggests such investments often pay dividends. Market observers hypothesize that if XRP were to mirror its historic 30-fold increase from present levels, investors who own about 22,500 XRP tokens (currently valued at about $40,000) may be able to see their positions hit $1 million. If we do a quick math, that would mean that XRP would have to have a price of $50 per token to hit the vaunted million-dollar mark. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics Similar Pattern Observed With XRP XRP has followed a comparable trajectory since its March 2020 low of $0.11, despite facing legal challenges from the Securities and Exchange Commission. The token reached $1.96 in 2021 and $3.40 in the current market cycle. These figures represent approximately 30 times growth from the 2020 bottom. Anyone who invested $40,000 in XRP during that period might have seen their investment grow to over $1.23 million by early 2025, according to the analysis. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #ripple #xrp #altcoin #altcoins #digital currency #trump

XRP is probing critical support levels as the cryptocurrency market struggles with chronic volatility. The digital asset currently trades at $1.98, a daily trading volume of $10.50 billion and market value of $115 billion. Over the last 24 hours, XRP has declined by 7.7%, which mirrors larger market trends. Related Reading: XRP’s Rise To Rarity: Only 1% May Afford It, Expert Says Bitcoin’s Roller Coaster Affects Altcoin Market Bitcoin’s recent price move to $81,700 and subsequent sharp pullback has sent ripple effects throughout other cryptocurrencies. The move has sent investors into fear, with pressure on XRP and other alternative digital currencies. Traders are now observing key price levels to see if support will break or hold. Macroeconomic Factors Add To Market Tension Political events are creating a second level of unpredictability in the prices of cryptocurrency. In its report, agreed-on retaliatory tariffs by US President Donald Trump– with the aim to increase government revenues and establish what he calls “fairer international commerce” — have spurred fears of an impending trade war. These are some of the reasons behind today’s crypto market volatility. #XRP – April Candle Formation Forecast April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here’s what to expect: 1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process. 2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS — EGRAG CRYPTO (@egragcrypto) April 2, 2025 Analyst Foresees Possible Test Of Lower Support In spite of the present downward pressure, one market observer envisions potential upside in the future. Crypto analyst Egrag Crypto predicts XRP will enter a testing period, possibly falling to the $1.90 to $1.79 levels before trying to move upward toward $2.80 to $3.00. According to this analysis, if prices hit the anticipated bottom, a rally of as much as 70% might ensue. Lull Period Pre-Surge The price history of the cryptocurrency depicts cycles of protracted periods of quietness preceded by explosive bursts. With recent market conditions contributing to a perfect storm of inputs, investors are closely watching price charts for subtle early indications of XRP’s next big move. RP has tended to catch investors off guard with unanticipated action, and April could be a decisive month for the coin. Traders are bracing for a few different scenarios: more consolidation, a breakout, or a sudden market change. Related Reading: XRP To $27 In 60 Days? Analyst Sees Deja Vu In Price Action April May Mark End Of Consolidation Meanwhile, several market watchers define XRP’s present trend as a period of consolidation that usually precedes considerable price action. According to analysts, this phase could end soon, potentially propelling XRP into more robust positive momentum. A final test around the $2 level may be used as a springboard for what some expect to be a major breakthrough. While near-term uncertainty exists, the long-term picture is cautiously optimistic from the perspective of market observers. Technical signals alongside economic fundamentals indicate a phase of heightened price activity in the next few weeks. Featured image from Gemini Imagen, chart from TradingView

#ethereum #crypto #eth #ether #bull market #altcoin #digital currency #cryptocurrency #ethusdt #ethereum news #ethereum whales

Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune? Following US President Donald Trump’s highly anticipated reciprocal tariff announcement, the crypto market took a sharp plunge, wiping out over $140 billion in the past 24 hours. During this period, ETH tumbled by 5% and is at risk of setting fresh cycle lows in the $1,700 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Despite the negative sentiment, crypto analyst Mister Crypto suggests that ETH may soon experience a sharp momentum shift. In an X post shared earlier today, the analyst noted that while retail investors may have abandoned ETH, large investors – commonly referred to as whales – have not. Mister Crypto shared the following chart, highlighting striking similarities between ETH’s current price action and its 2020 trajectory. He added that if history repeats itself, ETH could see strong bullish momentum in Q2 2025. Fellow crypto analyst CryptoGoos echoed Mister Crypto’s perspective, arguing that ETH is “extremely undervalued” at its current price levels. The analyst also shared a chart illustrating how ETH whales are accumulating the asset at a record pace. The data reveals that wallets holding between 10,000 and 100,000 ETH have been accumulating at an accelerated rate since early 2025. This trend persists despite ETH’s decline from approximately $3,350 on January 1 to around $1,700 at the time of writing. Another cryptocurrency analyst, Crypto Caesar, noted that ETH is likely approaching a bottom, as it is currently trading near the same price level it held four years ago. However, he cautioned that if ETH breaks below its current support, it could decline further to the $1,200 range. ETH May Have More Pain Ahead While whale accumulation suggests long-term optimism for ETH, some analysts warn that further downside may be imminent before a potential recovery. In a recent analysis, crypto market expert Cryptododo7 predicts that ETH may eye bearish targets around $1,130 to $1,200. Related Reading: Ethereum Flashing Bullish Signals, But Rising Exchange Reserves Raise Concerns – Details Similarly, analyst CryptoBullet highlighted that ETH has now touched the 300-week moving average for only the second time in its history – an event that has historically signalled a bearish trend. Despite these cautionary outlooks, market commentator Titan of Crypto recently stated that ETH is still on track to reach new all-time highs later this year. At press time, ETH trades at $1,777, down 5% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

#ethereum #bitcoin #layer 2 #crypto #eth #altcoins #digital currency #layer 1 #ethusd

Ethereum’s chances of reaching the $20,000 level are fueling debate among investors and analysts. The success of the Ethereum network is dependent on real-world usage and rising activity on its platforms, so it is an area of focus in the cryptocurrency space. Related Reading: Pi Coin Sinks 47% In 14 Days—What’s Behind The Massive Drop? Real-World Usage Is The Key Ryan Berckmans, an investor in Ethereum, thinks that the key to a $20,000 ETH price is practical use. He says that the high fees, while normally a disadvantage, are actually an indicator of faith in the altcoin. If users are paying more, it is because they trust in the value of the network. Berckmans makes the comparison with Bitcoin, which continues to hold value despite 99% of its usage being centralized. He reiterates that Ethereum needs to pay attention to developing its real-world growth if it is to replicate this success. For ETH, real world growth is the answer. How do we get ETH to $20k? Fee value accrual obviously isn’t necessary to drive the required public confidence for a high token price, otherwise BTC would be worthless because 99.999% of BTC activity is centralized and doesn’t accrue… — Ryan Berckmans (@ryanberckmans) March 29, 2025 Importance Of High Fees Restoring high total fees is critical for Ethereum’s price increase. Berckmans argues that even if a hypothetical scenario sees $1 trillion in stablecoins on Ethereum’s Layer 1, it wouldn’t be enough without high fees to back it up. He suggests that the Ethereum network must prioritize robust growth to ensure that investor confidence is restored. Without this growth, reaching the ambitious target of $20,000 seems unlikely. Scaling Through Layer 1 And Layer 2 Berckmans stresses the need for more Layer 1 applications and better integration with Layer 2 solutions. This expansion is vital for sustainable growth. Ethereum must increase the distribution of its Layer 1 assets to Layer 2s while also diversifying the solutions available on Layer 2. This kind of scaling is essential to accommodate growing network activity and user demand. Focusing On Utility-Driven Growth As Ethereum celebrates the 10-year anniversary of its mainnet, Berckmans insists that the network has come a long way but still has much further to go. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? Ethereum is the most capitalized blockchain by application but will need to scale dramatically to maintain its position. By prioritizing the development of a culture centered around real-world uses and economic development, the crypto asset can build a bridge to its price target. The Ethereum network is at a crossroads. The altcoin needs to maximize real-world usage and have growth at the top of its agenda. In doing so, it may well hit that much-sought $20,000 target in the future — at least according to Berckmans. Featured image from Gemini Imagen, chart from TradingView