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.
Solana (SOL) is once again in the spotlight, as a market analyst has forecasted a massive rally that could propel the token’s price to new All-Time Highs (ATHs) by late 2025. The prediction suggests a staggering 140% surge from current levels toward a bold price target of $420 and beyond. Solana Prepares For Parabolic Move Toward $420 A fresh chart analysis shared by a TradingView crypto analyst, Master Ananda, reports that Solana has completed a textbook rounded bottom pattern, indicating a bullish reversal to new ATHs. Notably, the analyst forecasts that SOL is gearing up for a parabolic surge to $420, emphasizing that this bullish projection is not the cryptocurrency’s final target. Related Reading: Analyst Tells Investors To Be Patient As Solana Price Hits Resistance The analysis, as stated earlier, is based on the formation of a rounded bottom pattern, which has been developing since early 2025. This pattern has now transitioned into a breakout structure, with the Solana price reportedly holding firm above the $160 support line — a level considered the baseline of the rounded bottom and a psychological stronghold for the market. Notably, Solana faced a strong rejection at a key resistance area on May 23. However, despite the pullback, Master Ananda emphasized that the price action remains resilient, suggesting that bullish momentum is still intact and the dip has not altered the altcoin’s positive long-term outlook in the months ahead. In addition, Solana also dropped to a low on May 19, marked by the blue line on the price chart. Despite this, the analyst strongly asserts that there is “absolutely no bearish action” on the current chart. As long as the $160 level holds, the current trend is likely to accelerate toward higher Fibonacci resistance levels, culminating in the 1.618 extension at around $419.78. This bullish target would represent approximately 140% growth from the current price of around $178 and would place Solana at a new all-time high. Interestingly, Master Ananda noted that even if Solana falls below the key support level, it would be of little concern. Such a move would likely signal a market shakeout or a bear trap rather than a pullback or an invalidation of Solana’s bullish thesis. This view stems from the belief that SOL’s bullish bias has already been confirmed, positioning the market for potential strong growth over the long term. The key point of Master Ananda’s analysis is that Solana’s rise is expected to be sudden and powerful, leaving those on the sidelines regretting missed opportunities. As the market matures and liquidity improves following Bitcoin’s steady rise, the sharp upside potential for Solana could unfold much quicker than anticipated. Macro Catalysts Align For Massive Crypto Growth While explaining his bullish case for Solana, Master Ananda revealed that changes in macroeconomic factors could become a catalyst for astonishing growth in the crypto market. With the US Federal Reserve (FED) expected to initiate interest rate cuts in the coming months, the broader risk-on environment is set to benefit the crypto sector significantly. Related Reading: Solana Rebound To $900 Is Coming, But This Resistance Stands In The Way The analyst suggests that Solana’s current price levels, while not at absolute lows, still represent a significant buy zone. Master Ananda revealed that Solana’s potential is substantial, and as the next bull cycle gains momentum, $300 will no longer be seen as expensive. Before this happens, Master Ananda has stated that investors “should be fully invested and buy like it’s the end of the world”. Featured image from Adobe Stock, chart from Tradingview.com
The investment could accelerate the integration of Bitcoin into mainstream finance, enhancing its utility and fostering broader adoption.
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Some of blockchain’s earliest adopters are now deeply “entrenching” themselves in decentralized AI, with ecosystems like Bittsenor (TAO) emerging as growth engines. These platforms are reshaping traditional venture capital models, enabling the best ideas to organically attract community support, staking and liquidity without the need for institutional gatekeepers.That was one of the key takeaways from Cointelegraph’s interview with Chris Miglino, the co-founder and CEO of DNA Fund, a digital asset investment firm he runs alongside fellow serial entrepreneurs Brock Peirce and Scott Walker.DNA Fund manages, among other things, five distinct funds across a range of strategies, such as a high-yield fund, an algorithmic trading fund, an AI compute fund, a liquid token fund and a venture fund — serving both company and investor capital. DNA Fund CEO Chris Miglino, right, and Cointelegraph’s Sam Bourgi at a DNA House event in Toronto, Canada. Source: CointelegraphMiglino, who hosted Cointelegraph at a DNA House event during the Consensus conference in Toronto, Canada, was particularly excited about the firm’s AI compute fund.“The biggest thing that we’re working on in the whole ecosystem is our AI compute fund, where we’ve been entrenched into the TAO ecosystem,” said Miglino, referring to Bittensor, a decentralized, open-source machine learning network.Bittensor’s backers say the network stands out for its subnets, which enable specialized, incentive-based marketplaces built around a specific AI or machine learning use case. DNA Fund is “actively mining on different subnets,” having committed roughly $50 million worth of compute to the TAO ecosystem, Miglino said. “We’re willing and ready to talk to anybody that wants to launch inside that ecosystem,” he said.A snapshot of Bittensor subnets. Source: TaostatsRelated: The next frontier for crypto will be decentralizing AI‘Decentralized AI is consuming everything we’re doing’Decentralized AI — the framework for developing and deploying artificial intelligence systems across a distributed network rather than a centralized authority — is currently the main focus at DNA House, Miglino said.It’s “consuming everything we’re doing,” he said. For Miglino, this paradigm has the opportunity to be “bigger than anything that’s ever existed [...] I think it has the opportunity to be bigger than Bitcoin.”While that may appear as a herculean task, given Bitcoin’s (BTC) $2.1 trillion market cap and status as the first successful decentralized monetary system of the information age, technologists broadly agree that AI will profoundly reshape human society.The AI takeover will become more apparent by the 2030s, when the technology is projected to become the world’s valuable tech sector. Source: United Nations Trade and DevelopmentDNA House is betting that ecosystems like Bittensor will drive that transformation in a decentralized way by offering developers the ability to launch businesses without having to raise outside capital: “Develop on the ecosystem, get validators that believe in your idea, [and] that’ll attract the miners and the validators together and all of a sudden you’re in business. You don’t need to go out and raise a ton of money from a bunch of VCs.”The idea that AI’s future will be decentralized is far from fringe. One of the earliest pioneers of artificial general intelligence, Ben Goertzel, told Cointelegraph that he realized the need for decentralization in AI as far back as the early 1990s, before even writing his first line of AI code.Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye
The capital raise would see the Trump-linked firm joining a slew of public companies following the playbook of Michael Saylor's Strategy.
TMTG's crypto asset strategy could significantly influence the financial landscape, potentially reshaping market dynamics and investor behavior.
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X Money, the payment and banking app tipped by Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25.Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “launching X Money soon.”Source: Elon MuskThe billionaire businessman subsequently jumped on the X thread to confirm the news, writing that the test will be a “very limited access beta at first.”“When people’s saving are involved, extreme care must be taken,” he wrote.X Money expects launch in 2025Musk’s confirmation comes amid X Money’s planned launch this year, according to the platform’s X account.Source: X MoneyMusk’s silent confirmation of X Money trials followed a series of reports suggesting the platform may launch this year based on alleged software code leaks in January.X has been actively working to obtain multiple transmitter licenses for X Money across the United States, having secured 41 such licenses at time of publication, according to the Nationwide Multi-State Licensing System.X Money plans date back to 2022Some of the early public indications of Musk’s plans to integrate payments into X date to October 2022, when Musk referred to his $44 billion Twitter acquisition as “an accelerant to creating X, the everything app.”In 2023, Twitter rebranded to X, with CEO Linda Yaccarino disclosing that the social media app planned to feature “unlimited interactivity,” support multiple media formats, and feature payments and banking. At the time, many speculated that the platform would likely support cryptocurrencies like Bitcoin (BTC).The payment platform was reportedly expected to be launched in mid-2024.Related: OpenAI is building 'X-like social network' to rival Elon Musk — ReportThe platform apparently gathered more steam with US President Donald Trump taking office in January and appointing Musk as the head of the Department of Government Efficiency’s Workforce Optimization Initiative (DOGE).Heavily involved in administration through DOGE, Musk quickly received pushback from US officials like US Democratic Senator Elizabeth Warren, who criticized X’s payment platform plans in February. “Musk has lost money hand over fist on X. So he has this idea of X becoming a big money platform where he would get everyone’s personal financial data,” Warren said, referring to Musk’s efforts to dismantle her agency, the Consumer Financial Protection Bureau.Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight
A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours. On May 26, blockchain security firm Scam Sniffer reported that the first error occurred when the trader copied a manipulated wallet address from their transaction history. This resulted in a transfer of $843,000 to the […]
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BlackRock Bitcoin warning In a rare move, BlackRock has quietly added a new line to its iShares Bitcoin Trust (IBIT) filing — and it is turning heads. The update, submitted in early May 2025, flags quantum computing as a potential risk to Bitcoin’s long-term security.The filing specifically warns that if quantum tech advances far enough, it could break the cryptographic systems that secure Bitcoin. In their words, it could “undermine the viability” of the cryptographic algorithms used not just in digital assets but across the global tech stack.It’s the first time you’ve seen the world’s largest asset manager call out this threat so directly in a Bitcoin-related disclosure, and it says a lot about how seriously institutional players are starting to take future-proofing crypto.Yes, exchange-traded fund (ETF) risk disclosures tend to be exhaustive by nature. But the fact that quantum computing made the cut (alongside more common concerns like volatility and regulatory shifts) suggests it’s no longer just a hypothetical issue in the eyes of big finance.For investors, this signals two things: first, that Bitcoin isn’t immune to emerging tech threats, and second, that institutional players like BlackRock are actively weighing those risks as they build long-term strategies in crypto. The message is clear: If the industry wants to stay ahead, preparing for a post-quantum world can’t wait.Did you know? As of early 2025, BlackRock manages over $11.6 trillion in assets, making it the largest asset manager globally. To put that in perspective, BlackRock’s assets under management exceed the combined GDP of Germany and France. Bitcoin quantum risk: Is it real? Quantum computers work differently from the laptops and servers we use today. Instead of crunching numbers one at a time, they can process huge numbers of possibilities at once. That makes them incredibly powerful — especially when it comes to cracking codes.Bitcoin’s security relies on two major cryptographic systems: SHA-256 and ECDSA. In plain terms, these are the tools that secure your Bitcoin address and make sure only you can authorize transactions. They’ve worked flawlessly for years, but quantum computers could change that.Here’s the worry: A powerful enough quantum computer might be able to reverse-engineer your private key from your public address, especially during that short window after you’ve broadcast a transaction but before it’s confirmed on the blockchain. If that ever became possible, someone could hijack your transaction and steal your coins.That sounds dramatic, but it’s not an immediate threat. Most researchers agree they’re still at least 10-20 years away from quantum machines that could actually pull this off. The tech just isn’t there yet — not at the scale or stability needed to break Bitcoin’s cryptography.Still, the warning signs are flashing. Roughly a quarter of existing Bitcoin (BTC) sits in older wallet formats that could be more vulnerable if quantum leaps happen faster than expected. And even if the timeline is long, the crypto community knows it has to act early. Work is already underway on post-quantum cryptography, which is a security system that could stand up to the next generation of computing.Did you know? Quantum computers can, in theory, solve certain problems exponentially faster than classical computers. For instance, Google’s Sycamore processor completed a specific task in 200 seconds, whereas it would take even the most advanced classical supercomputers approximately 10,000 years to finish. Is Bitcoin safe from quantum computing? While quantum computing still feels like a future problem, the crypto industry is already gearing up for it, and the efforts underway are more serious than most people realize.What Bitcoin’s doing (and not doing yet)Changing the protocol behind a blockchain is never simple; you need broad consensus, careful testing and a long lead time. But that hasn’t stopped developers from floating ideas regarding Bitcoin.One of the most talked-about proposals is something called QRAMP, the Quantum-Resistant Address Migration Protocol. The idea is to push users to move their coins from older, potentially vulnerable wallet formats into addresses protected by newer, quantum-safe algorithms. It would require a hard fork, so it’s no small lift, but it’s a serious plan to future-proof the network before a so-called “Q-Day” sneaks up.Who’s already ahead?Some blockchains aren’t waiting around. Algorand, for example, has already integrated Falcon, a post-quantum digital signature algorithm that’s been officially vetted by the US National Institute of Standards and Technology (NIST). That means transactions on Algorand are already being backed by encryption that could hold up even if quantum machines go live tomorrow.The Quantum Resistant Ledger (QRL) is another big one. It was built from day one with this threat in mind, using XMSS (a hash-based signature scheme) instead of traditional cryptography. It’s not a major player in market cap terms, but it’s one of the most advanced projects in terms of pure security design.Why it’s not easyOf course, none of this is simple to implement. Quantum-safe cryptography often comes with trade-offs. Algorithms like Falcon are compact and efficient, but they still require more computing resources than traditional ones. Moreover, switching everyone — miners, exchanges, wallet apps and individual users — to a new cryptographic standard could be a logistical nightmare unless it’s planned years in advance.Plus, there’s a delicate balance to strike. Move too soon, and you risk breaking things or relying on tech that isn’t battle-tested. Wait too long, and you’re exposed. That’s why many in the space are eyeing a 10-to-20-year window as a rough estimate for when quantum computing becomes a real threat. But even then, nobody wants to be the last to prepare. Bitcoin’s future and quantum computing If there’s one lesson from quantum conversation so far, it’s this: Being early matters. When it comes to tech that could one day rewrite the rules of digital security, waiting around just isn’t an option.So, what does preparation look like?For developers, it starts with testing and integrating quantum-resistant algorithms into existing systems. Some are already experimenting with “hybrid” approaches, using both traditional and post-quantum cryptography side by side, so networks aren’t caught off guard if (or when) Q-Day arrives.For crypto businesses — exchanges, custodians and wallet providers — the job is twofold: Make sure your infrastructure is future-proof, and make sure your users know what’s coming. Education and UX will play a huge role here. Migrating keys and updating protocols isn’t something the average holder can or should do alone.And then there’s the regulatory side — maybe not the most exciting part of crypto, but an absolutely critical one in this context.You are already seeing movement: The NIST finalized several post-quantum cryptographic standards in 2024. That gives the industry a starting point, a common language to build around. But what’s still missing is a clear regulatory push that says, “Here’s how and when this should happen.”Good policy here wouldn’t mean clamping down on innovation — it would mean supporting it. Think: funding open-source research, incentivizing post-quantum upgrades and creating frameworks that help institutions adopt secure standards without killing momentum.Did you know? The US government began preparing for the quantum threat as far back as 2016, and in 2024, the NIST’s move was sparked by growing fears that quantum computers could one day break the encryption protecting everything from Bitcoin to national security infrastructure.A slow burn BlackRock didn’t need to bring up quantum risk in its ETF filing — but it did. And when a company of that size puts it in writing, it turns vague rumors into something much more real.The transition to a quantum-resistant crypto world isn’t going to happen overnight. It’ll be messy, slow and full of tough technical choices. But it has to happen. Finally, waiting until quantum computers are actively breaking SHA-256 in the wild would already be too late.
The XRP price is trading within a narrow range below $2.5, which has now become one of the important levels to reverse the ongoing trend. With this, the investor’s interest in the token appears to have waned as the token has not displayed any major price action. Besides, the volume has dropped heavily from the …
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are displaying healthy signs of stabilization at the start of the week following the volatility seen on May 23rd. The reason for the volatility caused by Donald Trump’s Truth Social post that highlighted his decision to impose 50% tariffs on the European Union. This sent a chill across …
Strategy also purchased $427 million worth of bitcoin, and crypto investment products saw inflows of $3.3 billion last week.