Day: May 7, 2025

XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is trading at a pivotal level as the broader crypto market regains strength and bullish sentiment returns. While macro uncertainty and volatility persist, XRP has remained resilient, holding…

Altcoin season nears as Bitcoin dominance gets ‘overbought’

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Bitcoin price continued rising, reaching its highest point since February, as trade optimism rose ahead of the Federal Reserve decision. Bitcoin (BTC) climbed to $97,650 on Wednesday, up 30% from its lowest point this year. This latest rally has pushed Bitcoin’s market dominance to 65.70%, its highest level since January 2021. The dominance rose as many altcoins, especially Ethereum (ETH) continued to underperform the market. Ethereum’s market dominance has fallen to 7.5% from a peak of 22.27% in 2022. Its price is at risk of dropping to a record low…

Price predictions of major cryptocurrencies

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Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at $97,895 and challenge the all-important $100,000 level. Crypto analytics platform Santiment said in a post on X that Bitcoin wallets holding between 10 and 10,000 Bitcoin are positive about further gains as they have acquired…

Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live

Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025, activating 11 Ethereum Improvement Proposals (EIPs), including […] Source CryptoX Portal

Coinbase (COIN) May Miss Q1 Earnings Forecasts, Barclays, JPM Analysts Say

Coinbase (COIN) is heading into its first-quarter earnings report on shaky ground, with four Wall Street analysts expecting a miss as the retail trading lull is likely to pressure the crypto exchange’s most profitable business lines. The company is scheduled to report first-quarter results on Thursday post-market. The analysts are projecting earnings per share (EPS) falling to $1.93 from $2.26 in the fourth quarter and revenue dropping to $2.1 billion from $2.27 billion, according to FactSet data. In the year-earlier first quarter, it reported EPS of $4.40 and revenue of…

Bitcoin Poised To Retest All-Time High If This Level Holds: Bitfinex

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s resurgence in April has positioned it for a potential breakout toward its all-time high—provided one key technical level continues to hold. That’s the core takeaway from the latest…

Bitcoin $1B daily realized profits signal ‘late-stage bull market’

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Key points: Bitcoin investors are making the most of the highest price levels in several months by cashing out profits. These are averaging $1 billion per day, leading to concerns that the market comeback may stall or even reverse. Institutional participation has not led to a change in mindset, CryptoQuant says. Bitcoin (BTC) risks a “local top or sharp correction” if current levels of profit-taking continue, new research warns. In a “Quicktake” blog post on May 8, onchain analytics platform CryptoQuant flagged elevated realized profits among BTC investors. BTC profit-taking…

Bybit Exchange Liquidity Returns To Pre-Hack Level: Report

Key Notes Bybit’s Bitcoin liquidity has rebounded to pre-hack levels within a month. Lazarus Group was identified as the attacker behind the $1.5 billion ETH exploit. Institutional orders and new custody partnerships helped restore market depth. Bitcoin liquidity on the crypto exchange Bybit has bounced back to levels last seen before the February security breach that shook the platform. A new report from market research firm Kaiko revealed that the exchange, especially for its Bitcoin trading, has regained a firm footing just weeks after the hack. Liquidity Rebounds After $1.5…

Why Is Litecoin (LTC) Price Up Over 10% Today?

Key Notes LTC broke out of a horizontal trading range with a strong bullish “god candle” signaling renewed upward momentum. Analysts suggest that sustaining above $90 could pave the way for a rally toward the $140 mark. The SEC’s delay on the Canary Funds Litecoin ETF decision, with comments due by May 26. Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M price has witnessed a swift momentum, gaining 13% earlier today, moving all the way to $92.5 levels, with daily trading volumes skyrocketing 66%…