XRP’s price has been cooling off lately, following the overall crypto market’s lead. At the moment, Bitcoin is holding up better than most altcoins — and that includes XRP. With Bitcoin dominance staying strong, many altcoins like XRP are struggling to keep up. As Bitcoin moves sideways or pulls back, it puts pressure on altcoins, …
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a fresh increase from the $2,460 support zone, like Bitcoin. ETH price was able to recover above the $2,500 and $2,520 resistance levels. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. However, the bears were active near the $2,600 resistance zone. The price failed to clear $2,600 and reacted to the downside. Ethereum price is now trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,580 level. The next key resistance is near the $2,600 level. It is close to the 50% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,850 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,550 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,460 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,600
AI art platform Civitai now accepts eight cryptos to purchase its own virtual currency, joining other NSFW businesses embracing the tech.
Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating and might start another increase if it clears $110,750 Bitcoin started a fresh upward move above the $107,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $109,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $110,750 resistance. Bitcoin Price Consolidates Gains Bitcoin price found support near the $106,650 zone and recently started an upside correction. BTC traded above the $107,500 and $108,000 resistance levels. There was a move above the 50% Fib retracement level of the recent decline from the $111,982 swing high to the $106,672 low. The price even spiked above the $110,000 resistance zone. However, the bears were active near the $110,200 level. The price failed to settle above the 61.8% Fib retracement level of the recent decline from the $111,982 swing high to the $106,672 low. Bitcoin is now trading above $108,500 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $109,200 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $110,000 level. The first key resistance is near the $110,750 level. The next key resistance could be $111,800. A close above the $111,800 resistance might send the price further higher. In the stated case, the price could rise and test the $113,000 resistance level. Any more gains might send the price toward the $115,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start another correction. Immediate support on the downside is near the $109,200 level. The first major support is near the $108,500 level. The next support is now near the $107,500 zone. Any more losses might send the price toward the $106,200 support in the near term. The main support sits at $105,000, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,500, followed by $107,500. Major Resistance Levels – $110,000 and $110,750.
Crypto assets to the tune of over $3 billion are heading into circulation in June. That marks a 32% drop from May’s haul of $4.9 billion. According to crypto vesting tracker Tokenomist, investors and traders will face new supply pressure again this month. Related Reading: Buy XRP Before It Explodes To $1,000, Market Expert Says Total Token Unlocks Dip In June June’s release of $3.3 billion is down sharply from May’s nearly $5 billion. A lot of that change comes from projects finishing earlier vesting schedules. But $3.3 billion is still a heavy weight on token prices. Markets usually wobble when billions of dollars suddenly become tradable. Cliffs Versus Gradual Releases About $1.4 billion of June’s tokens will hit wallets all at once in what’s called a cliff unlock. That means a lump sum becomes liquid on a set date. The rest— nearly $2 billion—will drip into the market bit by bit with linear unlocks. A slow trickle of new supply can soften the blow, but it still adds up over time. Source: Tokenomist Big Names On The List Several major projects lead the pack in June. Metars Genesis (MRS) will drop over $190 million worth of tokens on June 21 to back an AI partnership. Since March, MRS has unlocked 10 million tokens each month, pushing nearly $1 billion into circulation so far. On June 1, SUI will unlock 44 million coins—about $160 million in value. Over $70 million of that goes to Series B investors. To date, SUI has released more than 3 billion tokens valued at roughly $12 billion, or about 33% of its total supply. Another 5.22 billion tokens, worth nearly $20 billion, are still locked without a set date. Other Projects To Watch A handful of well-known tokens also have vesting dates in June. Fasttoken will hand out 20 million tokens—around $88 million—to its founders. LayerZero plans to unlock 25 million tokens worth over $70 million for core contributors and strategic partners. Aptos will release 11.30 million tokens, about $60 million, to its team, backers and community fund. ZKsync sets free over 760 million tokens valued at almost $50 million to investors and staff. Even Arbitrum joins the list, adding to the pressure on Layer-2 markets. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets What This Means For Traders Based on reports, big unlocks tend to spark price swings. Cliff events often trigger fast sell-offs as holders gain full access. Gradual releases can drag on prices over weeks. Those who trade around these dates should be ready for volatility. For long-term holders, dips caused by fresh supply might offer a chance to add to positions. Either way, tracking vesting calendars could help time moves and spare traders from nasty surprises. Featured image from Unsplash, chart from TradingView
Bitlayer has partnered with major Bitcoin mining pools to promote the adoption of BitVM, a technology enabling Bitcoin-native DeFi.
One Instagram post explicitly claimed Gokal 'should have' paid 40 BTC, suggesting a potential blackmail attempt.
Four Unitree robots battled it out in a fighting competition, controlled by human operators in an event reminiscent of 2011’s Real Steel.
On-chain data shows more than 70% of all capital stored in XRP came into the network alongside the high prices of the last six months. Over 70% Of XRP Realized Cap Is Six Months Old Or Younger In a post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about the capital inflow situation related to XRP. The indicator of relevance here is the “Realized Cap,” which is a model that, in short, keeps track of the sum of the cost bases of all addresses on the network. Related Reading: Bitcoin Extreme Greed Is Here—Time To Be A Contrarian? In other words, the indicator provides an estimate of the total amount of capital that the holders as a whole have invested into the cryptocurrency. Below is the chart shared by the analyst that shows how this metric has changed for XRP over the past decade. As is visible in the graph, the XRP Realized Cap (black curve) has witnessed an explosion alongside the recent bullish push in the asset’s price. This would imply that a large amount of new capital has come into the cryptocurrency. In the same chart, the Glassnode researcher has also attached the data related to the Realized Cap associated with the different coin groups younger than six months. The aggregated Realized Cap has seen its growth during the past six months, so it’s not surprising to see that the capital held by cohorts falling in this age range has seen its share of the indicator blow up. This massive capital wouldn’t be in any significant profit, however, considering the price levels at which it has flowed in. After all, the window of the past six months is mostly just the cryptocurrency’s top and the subsequent phase of stagnation that’s still ongoing today. “Over 70% of the capital locked in XRP was deployed near the top over the past 6 months,” notes the analyst. Naturally, this could put the digital asset in a delicate situation, as it wouldn’t take much of a drawdown to throw all these investors into the red. It now remains to be seen how the coin would develop in the near future and whether capital would continue to flow in, despite the fact that its price has been unable to revisit the highs from January. In some other news, the XRP network has seen a sharp decline in the Number of Active Addresses since the March peak, as CryptoVizArt.₿ has pointed out in another X post. The Number of Active Addresses is an indicator that measures, as its name suggests, the number of addresses taking part in transaction activity on the XRP network every day. Related Reading: Bitcoin From Pizza Day Era Still On The Move, Glassnode Reveals From the chart, it’s apparent that the Number of Active Addresses set a huge peak in March of this year, but since then, activity on the blockchain has taken a severe hit as the metric has gone down by more than 90%. XRP Price XRP has continued to show overall sideways action recently, as its price is still trading around $2.34 Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Bitcoin is trading less than 2.5% below its all-time high near $112,000, signaling growing momentum and the potential start of a new impulsive phase in price discovery. After weeks of steady gains and strong consolidation above the $100K level, BTC appears ready to break higher and extend its macro uptrend. The market is watching closely, as a clean move above $112K could trigger a wave of bullish continuation and renewed institutional interest. Related Reading: Bitcoin Liquidity Builds At $105K Level – Sweep Before New Highs? On-chain insights from CryptoQuant add important context to this moment. Specifically, the analysis of UTXOs—Unspent Transaction Outputs—provides a deeper understanding of the state of unrealized profits across the network. UTXOs are the core technical structure that ensures a single bitcoin can only be spent once. But beyond that, they offer critical insight into the profitability of held coins. Currently, the market is nearing the 99% threshold, meaning 99% of all BTC holdings are in profit. This level historically aligns with periods of market euphoria and strong uptrend, but can also signal potential overheating if sustained too long. As Bitcoin inches toward new highs, this metric reinforces the strength of the rally while reminding investors that such high profitability often comes with increased volatility. Bitcoin Thrives In Volatile Times As Market Nears 99% Profit Threshold Bitcoin is showing remarkable strength as it flirts with new highs this week, trading just below $112,000. While global markets react to rising U.S. Treasury yields and persistent inflation, Bitcoin appears to be thriving in the chaos, solidifying its role as both a risk asset and a macro hedge. As traditional markets face pressure, BTC continues to lead with resilience, even as geopolitical and policy-related uncertainty clouds investor sentiment. Top analyst Darkfost shared fresh insights on Bitcoin’s on-chain condition, focusing on the utility of UTXOs (Unspent Transaction Outputs). UTXOs are the technical mechanism that ensures a single BTC can only be spent once on the blockchain. But beyond that, they serve as a powerful tool for assessing unrealized profits across all held BTC. One key metric derived from UTXOs is the percentage of BTC supply in profit. Currently, Bitcoin is approaching the critical 99% threshold, meaning nearly all coins are in unrealized gain territory. Historically, this level is associated with periods of market euphoria and sustained uptrends, but it also comes with a warning: elevated unrealized profits often precede spikes in profit-taking. While BTC’s structure remains bullish, macro uncertainty—especially around the Trump administration’s policy direction—keeps risk-on conviction muted. As Darkfost notes, “We’re not fully euphoric yet, but we’re entering a zone where late buyers should be cautious.” If the 99% profit signal drops, it may trigger a wave of selling as gains shrink and weaker hands capitulate. For now, though, Bitcoin remains strong, and the uptrend is intact. The market is watching closely because in times like these, BTC tends to move first. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating BTC Holds Steady Near Highs As Momentum Builds Bitcoin is currently trading at $109,679 on the 4-hour chart, consolidating just below its all-time high after reclaiming short-term support. The price recently bounced off the 100 SMA ($105,586) and is now hovering above the 34 EMA ($108,280), signaling continued bullish momentum. All key moving averages are aligned to the upside, reflecting a strong and healthy trend. Volume has remained relatively stable during the pullback and recovery, suggesting no major distribution phase is underway. The 50 SMA ($107,679) also acted as dynamic support during the recent dip, reinforcing the strength of the $107K–$108K zone. The $103,600 level, previously a major resistance, continues to serve as solid structural support. As long as BTC remains above this zone, the broader uptrend remains intact. Short-term resistance now sits near the $110,200–$112,000 range. A breakout above this level would likely trigger the next leg higher, potentially toward the $120,000 mark. Related Reading: Bitcoin Pulls Back To Daily EMA 8 – Can Bulls Hold Momentum? With Bitcoin holding above key EMAs and moving averages on the 4-hour timeframe, bulls remain in control. If price continues to build above $108K, the likelihood of retesting and surpassing all-time highs grows significantly in the coming sessions. Featured image from Dall-E, chart from TradingView
Dubai has launched the first licensed tokenized real estate project in the Middle East and North Africa (MENA) region, previewing appetite for real-world tokenization in one of the world’s burgeoning crypto hubs.Partners in the project include the Dubai Land Department (DLD), the Central Bank of the United Arab Emirates, and the Dubai Future Foundation, according to an announcement from the Dubai government. The tokens will be tradeable on the newly launched “Prypco Mint” platform, with Zand Digital Bank appointed as the bank for the project’s pilot phase.On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) updated its rules to include real-world asset (RWA) tokenization, allowing such tokens to be traded on secondary markets.Related: UAE saw 41% increase in crypto app downloads in 2024 — AppsFlyerThe project will allow individual investors to buy tokenized shares in “ready-to-own properties in Dubai,” with investments starting at 2,000 Emirate dirham ($545). During the pilot phase, all transactions will be carried out in the dirham (AED), with no cryptocurrency to be used. Although the pilot program will be limited to those with UAE ID holders, there are plans to expand it globally.In April, the DLD and VARA agreed to link Dubai’s real estate registry with the tokenization of property. The stated goal was to attract global investors and enhance liquidity in Dubai’s real estate market. The project was initially announced in March.A sought-after destination for crypto entrepreneurs, the United Arab Emirates is positioning itself as a crypto hub. In May, Dubai, an emirate within the country, partnered with Crypto.com to help facilitate crypto payments for government services.Related: Dubai crypto regulator grants VASP license to RWA-friendly L1 blockchainReal estate tokenization market may reach $19.4B by 2033Real estate is one of many areas of RWA tokenization that is poised for a breakthrough over the next few years. It fulfills some key promises of blockchain technology, providing liquidity to relatively illiquid assets and granting greater accessibility to retail investors.According to Custom Market Insights, the global real estate tokenization market is expected to reach a $19.4 billion market cap by 2033, growing at a compound annual rate of 21%. All three types of real estate — residential, commercial, and industrial — will play a role.Global real estate tokenization market over time. Source: Custom Market InsightsSome of the companies that specialize in tokenizing real estate include RealT and Metlabs. However, many others have struggled in their efforts, largely due to the complexities of navigating regulatory requirements.Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs — Inside story
The European Union-based Bitcoin treasury company aims to lift it total Bitcoin holdings to over 1,400 BTC.
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities. The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains. All three meetings resulted in […]
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Crypto analyst Egrag Crypto has predicted that the XRP price can reach $46 based on a historical pattern recorded in the first market cycle. Meanwhile, his analysis of the 3-cycle ride also showed that the altcoin can still reach double digits if it mirrors patterns recorded in other cycles. XRP Price To Reach $46 If It Mirrors Cycle One In an X post, Egrag Crypto stated that market participants could see the XRP price touching $46 if the altcoin repeats a pattern like the first cycle. He highlighted the historical pattern in cycle one, in which XRP dropped below the 21 Exponential Moving Average (EMA) and then dropped an incredible 5,550%. The altcoin then retraced back to the 21 EMA and then dropped another 2,500%. Related Reading: XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions Meanwhile, the crypto analyst predicts that the XRP price can reach $12 if it follows cycle 2. In the second cycle, XRP dropped below the 21 EMA, which led to a 150% breakdown. The altcoin then retraced to the 21 EMA, before it fell again by 500%. Egrag Crypto noted that averaging these projections of a 2,500% and 500% surge gives almost 1,500%, which roughly suggests a target of $30. However, the analyst stated that his estimate is $27. Commenting on this current cycle, which is the third cycle, the analyst revealed that the XRP price has dropped below the 21 EMA, with a potential rise of 430%. He further noted that the altcoin is retracing back to touch the 21 EMA. If XRP stays above $2, Egrag Crypto claims that the EMA will descend to meet the price. He affirmed that it is coming and very soon. The Altcoin To Hit $27 In Just 60 Days? In another analysis, Egrag Crypto raised the possibility of the XRP price gaining 1,700% and rallying to $27 in just 60 days. He stated that if XRP is repeating the last section or pattern from October 2017, then the altcoin might be on the brink of a major breakout soon. Back then, it took the altcoin about 63 days to explode and set a new all-time high (ATH), surging by 1,772%. Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone If history repeats itself, Egrag Crypto is confident that the XRP price could be approaching $27 within the next 63 days. He reminded market participants that securing profits along the way is always wise as the altcoin rallies to this target. The analyst also revealed that breaking the $3 mark, the high from the February 24 candle this year, is the ultimate target in preparation for the rally to double digits. At the time of writing, the XRP price is trading at around $2.33, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Key takeaways:Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia's earnings cap risk appetite.Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs.Investor sentiment improved on May 26 after US President Donald Trump postponed his retaliatory European Union 50% tariffs on imports. European stock markets responded positively to the development, but Bitcoin (BTC) was unable to hold the $110,000 level, leading traders to question whether a new all-time high remains within reach.Even if Bitcoin revisits the $105,000 mark, rising institutional interest and robust derivatives markets indicate that bullish traders are neither overleveraged nor concerned about a potential correction.Bitcoin 2-month futures annualized basis rate. Source: laevitas.chDemand for leveraged long Bitcoin positions grew, as evidenced by the BTC futures premium increasing to 8% on May 26. Although this was a modest rise from 6.5% the previous day, the metric still sits comfortably within the neutral range of 5% to 10%. For context, in December 2024, the Bitcoin futures premium surged to 20% when BTC surpassed $100,000 for the first time.Will Nvidia earnings and US economic data ignite Bitcoin price? President Trump’s decision to delay the EU import duties until July 9 reduced some market uncertainty, yet the broader economic consequences of the ongoing tariff conflict have yet to show up in corporate earnings. Investor risk appetite now hinges in part on Nvidia's (NVDA) May 28 earnings report, and anticipation for this possibly explains Bitcoin’s inability to break through its previous highs.Bitcoin options markets are signaling an increased probability of upward movement. This suggests that whales and market makers remain confident, even with BTC trading just 2.6% below its record high of $111,957.Bitcoin options 30-day delta skew (put-call) at Deribit. Source: laevitas.chThe negative 6% Bitcoin options delta skew indicates that put (sell) options are trading at a discount, a typical characteristic of bullish markets. Readings closer to zero reflect a more balanced demand between put and call (buy) options—a trend observed on May 25.It’s likely that the persistent institutional demand for Bitcoin is gradually shifting the risk perception among the world’s largest investment firms. Michael Saylor’s firm, Strategy, acquired $427 million worth of Bitcoin between May 19 and May 25, at an average price of $106,237. Meanwhile, spot Bitcoin exchange-traded funds (ETFs) saw another $2.75 billion in inflows during the same period.During JPMorgan’s Annual Investor Day on May 19, CEO Jamie Dimon announced that the bank would finally allow clients to purchase spot Bitcoin ETFs. While the move does not include custody or official recommendations of cryptocurrencies, it opens the door to indirect Bitcoin exposure for the bank’s $6 trillion in customer deposits.Related: Bitcoin’s new highs may have been driven by Japan bond market crisisUS markets are closed on May 26 in observance of the Memorial Day holiday. As a result, any optimism stemming from the delayed US–EU tariffs may be tempered by ongoing concerns surrounding US government debt and the threat of a potential economic recession. The recent 5.1% drop in MBA Mortgage Applications for the week ending May 23 prompted traders to adopt a more cautious stance.While Bitcoin derivatives metrics remain healthy, upcoming economic data will be critical for market sentiment. Investors are closely watching the Richmond Fed manufacturing index due on May 28, followed by the PCE inflation data on May 30. These indicators will likely influence risk appetite and the chances of Bitcoin breaking above the $112,000 mark in the short term.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty for Web3 infrastructure providers, according to Allison Muehr, head of staking policy for the Crypto Council for Innovation, a trade group.Clarifying the SEC’s position on staking has become a top priority for the crypto industry, Muehr said during Solana’s Accelerate conference in New York.“We’re about 25% of the way there,” Muehr said. “The SEC has done more constructive engagement with us in the past four months than in the last four years, but we still don’t have formal staking guidance.”Allison Muehr, right, the Crypto Council for Innovation’s head of staking policy, speaks at Accelerate. Source: CointelegraphRelated: SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerateChanging regulatory stanceUnder the previous US presidential administration, the SEC brought enforcement actions against several crypto firms for offering staking services it alleged were unregistered securities offerings.Since President Donald Trump took office in January, the SEC has softened its stance.In February, the agency issued guidance stating that memecoins do not qualify as investment contracts under US law. In April, the regulator clarified that stablecoins also do not qualify as securities if they are marketed solely as a means of making payments.Still, the agency has yet to approve staking in exchange-traded funds (ETFs) or issue formal guidance on how staking services can be offered compliantly in the US.Other policy goalsMuehr said she is optimistic the SEC will eventually approve staking for cryptocurrency ETFs, including for proposed Solana (SOL) funds.“Getting there means first getting the SEC comfortable with the structure,” she said, noting the industry has recently had “some productive meetings with the agency.”“I’m hopeful we’ll see a Solana ETF and even a staked Solana ETF in the US sometime soon.”The SEC is not the only agency the crypto industry is looking to persuade. Muehr said the Internal Revenue Service (IRS) — the top US tax authority — has also taken a position the industry opposes.“The IRS finally issued a statement saying staking rewards are service income,” she said. “We disagree with that interpretation and continue to engage.”Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight
The Blockchain Group S.A. (France: ALTBG), the first European-based company to implement a Bitcoin (BTC) treasury management, completed a significant fundraising to strengthen its Bitcoin position. The company announced on Monday, May 26, that it successfully raised around €63.3 million through a convertible bond issuance to primarily purchase more Bitcoins. Consequently, The Blockchain Group acquired …
Solana is trading at critical levels after weeks of strong price action and tight consolidation around current prices. Following an impressive 80% rally from its April lows, SOL is now testing a key horizontal resistance zone that could decide whether the uptrend continues or stalls in the short term. The recent consolidation has allowed the market to cool off while keeping the bullish structure intact—an encouraging sign for traders watching for a continuation move. Related Reading: Bitcoin Liquidity Builds At $105K Level – Sweep Before New Highs? Top analyst Jelle shared a technical analysis highlighting that Solana is now retesting a significant horizontal level that previously acted as resistance. A successful flip of this level into support could provide the momentum needed to push toward new local highs and potentially open the door to a full recovery rally. While overall market sentiment remains cautious amid broader macro uncertainty, Solana’s recent strength stands out among altcoins. Its ability to hold above key support during periods of volatility has positioned it as one of the better-performing assets in the current market cycle. If bulls maintain control and volume returns on the next breakout attempt, Solana could be gearing up for another leg higher in the days ahead. Solana Consolidates As Market Eyes Bullish Expansion Solana is currently consolidating just below a critical resistance level—the last major barrier before a potential breakout toward the weekly range highs. After gaining over 80% since its April lows, SOL is showing remarkable strength compared to most altcoins. However, the broader market remains on edge, as Bitcoin continues to trade just below its all-time highs, leaving investors uncertain about the potential for a correction. Despite this uncertainty, momentum across the crypto market suggests that the recent rally may be more than just a short-term bounce. Many analysts believe this could be the beginning of a larger bullish phase, one that carries significant upside if key resistance levels are cleared. Solana’s current consolidation is taking place directly under a major technical ceiling—if bulls can reclaim this zone, the path toward much higher prices opens quickly. Jelle echoed this view in a recent post, highlighting the importance of the $190 level. According to his analysis, “Above $190, all bets are off.” Reclaiming that resistance would likely confirm a breakout and shift sentiment decisively in favor of the bulls. It would also place Solana back on track to retest its all-time highs. For now, SOL is holding its ground while the market waits for Bitcoin’s next move. If BTC confirms strength and Solana breaks above $190, it could mark the beginning of a new wave of bullish price action, not just for SOL, but for the broader altcoin market as well. The coming days may be pivotal. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating Technical Details: Price Testing Key Moving Average Solana (SOL) is trading at $177.30, consolidating just below a key resistance level around $181, marked by the 200-day SMA. The daily chart shows that after a strong impulse rally from the April lows, SOL has entered a tight consolidation phase, forming a potential base for the next leg higher. The 34 EMA ($162.95), along with the 50 and 100 SMAs, are all trending upward and stacked in bullish alignment below the price, supporting the overall bullish structure. This indicates that the recent move is supported by strong trend momentum and healthy pullback dynamics. Volume has decreased slightly during the consolidation, which is typical during a pause before a potential breakout. However, the 200-day SMA continues to act as resistance, capping price advances multiple times over the last few days. A clean break and daily close above $181 could confirm the continuation of the uptrend and open the path toward the $200–$220 range, which aligns with the weekly range highs. Related Reading: Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure Until then, SOL remains in a neutral-to-bullish setup. Holding above $170 and keeping pressure on $181 will be critical for bulls to maintain control. If BTC stabilizes or rallies, Solana could be one of the first major altcoins to break higher. Featured image from Dall-E, chart from TradingView
A crypto investor sued Coinbase last week, alleging the exchange’s failure to disclose details of its businesses dealings with regulators and bad actors has caused shareholders to suffer “significant losses and damages.”
Gloria AI's exposure on AI Shark Tank could accelerate AI innovation by promoting open data sharing and enhancing blockchain integration.
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Most U.S. markets were closed for Monday's holiday, but European stocks reacted positively to Trump's moratorium on 50% tariffs.
Key points:Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue.Several major altcoins witnessed a pullback, but lower levels continue to attract buyers.Bitcoin (BTC) is attempting to sustain above $109,588, indicating buying on every minor dip. Bitcoin has risen for seven consecutive weeks, and if buyers can extend the streak to eight weeks, it clears the path for further upside. Crypto analyst and trader Carpe Noctom said in a post on X that Bitcoin has only seen three instances of eight consecutive weekly positive closes, and every time, Bitcoin has been higher in the following 6 and 12 month time period.Institutional investors sense a long-term opportunity and, hence, have continued to pump money into Bitcoin exchange-traded products (ETPs). CoinShares reported on May 26 that Bitcoin ETPs witnessed $2.9 billion in inflows last week, which is a quarter of the total inflows for 2024.Crypto market data daily view. Source: Coin360Although most analysts remain bullish over the long term, some are warning of a possible short-term pullback in Bitcoin. CryptoQuant contributor Crazzyblockk wrote in a QuickTake blog post that the data shows buyer exhaustion and increasing volatility, which could start a short-term correction toward $105,000. Could buyers catapult Bitcoin to a new all-time high, pulling altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.S&P 500 Index price predictionThe S&P 500 Index (SPX) turned down from 5,968 and reached the 20-day exponential moving average (5,759).SPX daily chart. Source: Cointelegraph/TradingViewIf the price rebounds off the 20-day EMA, the index could gradually climb toward the overhead resistance of 6,000. Sellers are expected to pose a strong challenge in the 6,000 to 6,147 zone.The short-term advantage will favor the bears on a break and close below the 20-day EMA. The index could then plummet to the 50-day simple moving average (5,584), which is likely to attract buyers. US Dollar Index price predictionThe bulls tried to push the US Dollar Index (DXY) above the 20-day EMA (100.15) on May 22, but the bears held their ground.DXY daily chart. Source: Cointelegraph/TradingViewSellers are trying to strengthen their position by pulling the price below the 99 support. If they manage to do that, the index could continue its slide to the solid support at 97.92. Buyers are expected to defend the 97.92 level with all their might because a break below it may sink the index to 95.67.Buyers will have to drive and maintain the price above the 50-day SMA (101.26) to indicate that the corrective phase may be over.Bitcoin price predictionBitcoin bulls are trying to push and sustain the price above $109,588, indicating that every minor dip is being purchased.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping moving averages and the RSI near the overbought territory signal that the path of least resistance is to the upside. If buyers shove the price above $111,980, the BTC/USDT pair could skyrocket to $130,000.The 20-day EMA ($104,886) is the vital support to watch out for on the downside. A break and close below the 20-day EMA could tempt short-term buyers to book profits. That could sink the pair to the psychologically crucial $100,000 level, where buyers are expected to mount a strong defense.Ether price predictionEther (ETH) turned up from the 20-day EMA ($2,425) on May 25, indicating solid demand at lower levels. ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will try to drive the price above the $2,738 obstacle again. If they succeed, the ETH/USDT pair could soar to $3,000. The bears will try to halt the up move at $2,850, but the bulls are likely to prevail.If the price turns down from the current level or the overhead resistance and breaks below the 20-day EMA, it suggests that the bulls are losing their grip. The pair could dip to $2,323 and then to $2,111.XRP price predictionXRP (XRP) has been oscillating between $2.65 and $2, signaling equilibrium between buyers and sellers.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish 20-day EMA ($2.34) and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price turns up and breaks above $2.48, the bulls will have another go at the $2.65 resistance. If they clear the overhead hurdle, the XRP/USDT pair could soar to $3.On the other hand, a break and close below the 50-day SMA could sink the pair to the solid support at $2. Buyers are expected to vigorously defend the $2 level because a break below it may sink the pair to $1.61.BNB price predictionBNB (BNB) has started to move toward the overhead resistance of $693 after taking support at the 20-day EMA ($652).BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day EMA and the RSI in the positive territory indicate an advantage to buyers. If bulls kick the price above $693, the BNB/USDT pair could rally to the $732 to $761 overhead zone.Contrarily, if the price turns down and breaks below the 20-day EMA, it suggests that the bears are trying to seize control. The pair could slump to $633 and subsequently to the 50-day SMA ($617).Solana price predictionSolana (SOL) took support at the 20-day EMA ($169) on May 25, indicating that the sentiment remains positive and traders are buying on minor dips.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will again attempt to drive the price above the $188 overhead resistance. If they can pull it off, the SOL/USDT pair could surge to $210 and eventually to $220. Sellers will have to pull the price below the 20-day EMA to prevent the upside. The pair could then plunge to the 50-day SMA ($151), which is likely to act as solid support. A bounce off the 50-day SMA could signal a few days of range-bound action between $153 and $188.Related: Solana following Bitcoin? Network activity, chart pattern point to $300 SOL priceDogecoin price predictionDogecoin (DOGE) has been trading between $0.26 and $0.21, signaling buying near the support and selling close to the resistance.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe price has bounced off the 20-day EMA, opening the gates for a rally to the overhead resistance of $0.26. Buyers will have to pierce the $0.26 level to start the next leg of the uptrend to $0.30 and then to $0.35.Alternatively, a break and close below the $0.21 support suggests the bears are back in the game. The DOGE/USDT pair could then swing inside a large range between $0.26 and $0.14 for some time.Cardano price predictionBuyers are trying to keep Cardano (ADA) above the neckline of the inverse head-and-shoulders pattern but have failed to start a strong rebound.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($0.75) is flattening out, and the RSI is near the midpoint, indicating a balance between supply and demand. Buyers will have to propel the price above $0.86 to tilt the advantage in their favor. If they manage to do that, the ADA/USDT pair could rally to $1.01. Contrary to this assumption, if the price turns down and breaks below the neckline, it suggests that the bulls have given up. The pair could then drop to the $0.60 support, which is likely to attract buyers.Hyperliquid price predictionHyperliquid (HYPE) has been in a strong uptrend for the past several days. Buyers asserted their supremacy by pushing the price above the $35.73 resistance on May 25.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will try to maintain the momentum and push the price to $42.25, where the bears are expected to step in. If buyers do not give up much ground from $42.25, the uptrend could extend to $50.The immediate support on the downside is $35.73. If the HYPE/USDT pair rebounds off $35.73, it increases the likelihood of a rally above $42.25. Sellers will gain the upper hand on a break below $32.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
You might soon be able to make payments on X. But don't get your hopes up too high, Dogecoin fans.
Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company to follow the footsteps of crypto treasury companies like Strategy.Trump Media will issue $2 billion in equity and $1 billion in convertible bonds, a type of asset that can be converted into equity at a later date. The size of the raise may change, the FT cited sources familiar with the matter as saying.The equity is expected to be sold at market price as of the close on May 23. On that day, the share price closed at $25.72, marking a 4.6% increase on the day. Trump Media’s market capitalization was $5.7 billion as of May 23.Trump Media and Technology Group share price on May 23. Source: Google FinanceThe company is following a similar approach to that pioneered by companies such as Strategy, Metaplanet, Semler Scientific and others, allocating part of their funds to Bitcoin (BTC). Betting on crypto provides a hedge against inflation and keeps them from becoming “zombie companies,” some of the companies have said.Cointelegraph reached out to Trump Media for comment but had not received a response at the time of publication. Related: Strategy bags 4,020 Bitcoin as price briefly breaks $110KTrump Media’s move may increase scrutinyThe move may also result in more scrutiny toward the Trump family’s growing crypto businesses. Democratic lawmakers have pushed back against bipartisan bills over the Trump family’s crypto dealings, with some staging protests against the memecoin dinner Trump hosted on May 22.Trump’s crypto ties include non-fungible token collections, the Official Trump (TRUMP) and Melania (MELANIA) memecoins, decentralized finance platform World Liberty Financial and a dollar-pegged stablecoin. Critics say that Trump’s crypto ventures pose a conflict of interest, especially as he could hold influence over an industry he stands to profit from.According to the report, Trump transferred his 53% share in Trump Media and Technology to a revocable trust managed by Donald Trump Jr. Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company to follow the footsteps of crypto treasury companies like Strategy.Trump Media will issue $2 billion in equity and $1 billion in convertible bonds, a type of asset that can be converted into equity at a later date. The size of the raise may change, the FT cited sources familiar with the matter as saying.The equity is expected to be sold at market price as of the close on May 23. On that day, the share price closed at $25.72, marking a 4.6% increase on the day. Trump Media’s market capitalization was $5.7 billion as of May 23.Trump Media and Technology Group share price on May 23. Source: Google FinanceThe company is following a similar approach to that pioneered by companies such as Strategy, Metaplanet, Semler Scientific and others, allocating part of their funds to Bitcoin (BTC). Betting on crypto provides a hedge against inflation and keeps them from becoming “zombie companies,” some of the companies have said.Related: Strategy bags 4,020 Bitcoin as price briefly breaks $110KTrump Media’s move may increase scrutinyThe move may also result in more scrutiny toward the Trump family’s growing crypto businesses. Democratic lawmakers have pushed back against bipartisan bills over the Trump family’s crypto dealings, with some staging protests against the memecoin dinner Trump hosted on May 22.Trump’s crypto ties include non-fungible token collections, the Official Trump (TRUMP) and Melania (MELANIA) memecoins, decentralized finance platform World Liberty Financial and a dollar-pegged stablecoin. Critics say that Trump’s crypto ventures pose a conflict of interest, especially as he could hold influence over an industry he stands to profit from.According to the report, Trump transferred his 53% share in Trump Media and Technology to a revocable trust managed by Donald Trump Jr. Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
In the past few days, the crypto market has seen strong gains, with Bitcoin’s price creating a new all-time high. But this rise triggered a profit-taking sentiment, which caused the market to temporarily peak. Ethereum, in particular, struggled to stay above its recent high as large investors started pulling back their money. As a result, …
A well-known crypto analyst, going by the name Egrag Crypto, has laid out some eye-popping targets for XRP. According to his charts, the token could climb as high as $45, a 2,700% jump from its current price. A more modest scenario would still send it to $19, up a little over 1,000%. He points to past cycles where similar moves took shape over roughly 770 days. Yet not everyone is on board with his bullish outlook. Related Reading: Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets Historical Moves And Cycle Timing Based on reports, Egrag Crypto stresses that XRP’s rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after surging 2,770%. Then in 2021 it jumped 1,052% to about $1.80. Each rally was marked by a bearish crossover on the 21 EMA and the 33 MA, followed by sideway trading for around 777 days after the 2018 peak and 770 days after the 2021 high. He believes the same setup started late in 2024, when XRP climbed nearly sixfold from its previous low. #XRP – Targeting $19 or $45? ????Charts Men lie, women lie, but charts don’t! ???? I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire! ???? ????Human… pic.twitter.com/YasA4k98fd — EGRAG CRYPTO (@egragcrypto) April 11, 2025 Bullish Targets And Risks According to the analysis, a repeat of past moves could push XRP as high as $45. A less aggressive run would still see it reach $19. Egrag Crypto even points to an intermediate target of about $27 as a likely milestone. Those numbers assume a straight path up, but markets rarely move in straight lines. Big jumps often end with sharp pullbacks. Traders chasing 2,700% gains could face long wait times and steep drops. Bearish Views Gain Ground Other voices warn against getting swept up in the hype. Market watcher Koroush says now is a time for shorts. He pegs a possible decline to $1.30. Others favor a short bias, pointing to weakening demand and faltering momentum. Related Reading: Bitcoin To $125K By End Of Q2? Bold Call From Bybit Executive Advice For Traders Egrag Crypto recommends a simple Dollar-Cost Averaging plan. Buy small amounts at regular intervals. That way, no one big buy leaves you exposed. He says to sell in slices, too. Lock in gains at key levels instead of betting everything on the top. This kind of step-by-step play can cut losses and smooth out wild swings. Looking Ahead The debate around XRP’s next phase is far from over. Historical charts show one side of the story. On-chain trends, legal battles, and macro factors tell another. If charts really don’t lie, as Egrag Crypto quips, XRP might be gearing up for a fireworks show. Featured image from Unsplash, chart from TradingView
Bitcoin (BTC) is experiencing a healthy consolidation phase after last week’s record high of $111,880, but it still faces threats from significant profit-taking movements. According to a May 26 “Bitfinex Alpha” report, strong spot demand and steady exchange-traded fund (ETF) inflows lifted BTC more than 50% from early-April lows before President Donald Trump’s tariff threat […]
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Trump Media and Technology Group (TMTG) plans to raise $3 billion to purchase Bitcoin (BTC) and other crypto, as the Financial Times reported. The report cited six people briefed on the transaction, who said the company intends to sell about $2 billion in new equity and another $1 billion of convertible bonds. Additionally, the sources […]
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Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding more than ten thousand Bitcoin, but cohorts below this level have continued to accumulate. Trend accumulation score. Source: X / GlassnodeThe spot and futures cumulative volume delta at Binance exchange reflect persistent selling when BTC price approaches the $110,000 level.BTC/USDT 4-hour chart CVD (spot and futures). Source: TRDR.io The Sunday (May 25) futures-market driven surge back to $110,000, following US President Donald Trump’s announcement that EU Commision President Ursula von der Leyen had contacted him, suggesting a roughly one-month extension to delay the 50% EU tariffs which were slated to start on June 1.President Donald Trump. Truth SocialCompared to last week’s data, funding rates have cooled, especially at Hyperliquid (orange line), where trader James Wynn alternated between a $1.2 billion 40x long position and a $500 million leveraged short position, both of which are now closed. Bitcoin funding rates at exchanges. Source: VeloIn terms of taking out the resistance seen at $110,000, flows could possibly remain suppressed as US markets are closed for the Memorial Day holiday, so the daily open market demand seen by the spot Bitcoin ETFs, which accounted for $8.36 billion in BTC purchasing since the start of April, are paused for the day. Spot Bitcoin ETF netflows. Source: SoSoValue Liquidation heatmap data crypto analytics platform TheKingfisher shows margin traders are overweight on the long side, with the potential for liquidations starting below $109,000 to $107,000. Bitcoin short-term liquidation map data: Source: X / TheKingfisherOn the other hand, CoinGlass data hints that a BTC price push through the $110,000 resistance could trigger a short liquidation that could quickly result in a rally to $114,000.CoinGlass BTC/USD liquidation map: Source: CoinGlassIn terms of the purely technical-focused price outlook for the week, traders are likely watching today’s price action to see if any futures and spot CEX market upside is followed by bullish flow into the March 27 equities and TradFi crypto markets open. Related: BTC price seeks $155K 'trigger' — 5 things to know in Bitcoin this weekAs things currently stand, a block of asks can be seen at $114,000 and $119,000 at Coinbase Pro, while bids start at $104,000 and intensify as the price draws closer to $102,000-$100,000.BTC/USD Coinbase 4-hour chart. Source: TRDR.ioThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.