Month: May 2025

‘Buy in May and Go Away’ as Crypto Bucks Summer Lull, Analysts Say

“Sell in May and go away,” goes the Wall Street adage for equity markets every summer. For bitcoin , though, some analysts say this season could mark a break from tradition. “As we get into the European summer months, the sense is it’s more likely a case of ‘buy in May and go away’ than any significant headwinds or selling pressure,” said Paul Howard, director at crypto trading firm Wincent in a market note. A confluence of positive regulatory developments around digital assets in the U.S. and increasing institutional buying…

Bitcoin rises as Fed leaves rates unchanged: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin rises ahead of the Federal Reserve’s decision to leave interest rates unchanged. Plus, Treasury Secretary Scott Bessent testifies before Congress and highlights the Trump Administration’s crypto priorities. And, Alex Miller of Hiro Systems discusses his own testimony before Congress, which pushed for crypto legislation. Chapters 00:00 – CNBC Crypto World, May 7, 2025 0:26 – Bitcoin, ether rise 0:43 – The headlines 3:58 – Alex Miller of Hiro For access to live and exclusive…

XRP Price Will Still Rally From Here, Crypto Veteran Raoul Pal Forecasts

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. Crypto veteran Raoul Pal has shared his thoughts on the XRP price, predicting it still has more room to rally to the upside. The altcoin is expected to hit…

Justin Sun to attend Trump’s dinner with memecoin backers

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After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation to attend Trump’s dinner at his golf club outside Washington, DC, as part of a reward for the top 220 memecoin holders. The Tron founder claimed he controlled the top wallet on the TRUMP token…

Dune Expands Beyond Analytics With Real-Time Developer Platform Sim

Dune has launched Sim, a multichain, real-time developer platform offering scalable APIs for onchain applications, starting with wallet data integration across 60+ blockchains. From Dashboards to APIs: Dune’s Sim Aims to Streamline Onchain Development Dune, a leading blockchain data platform, announced the full launch of Sim, its multichain developer platform designed to provide real-time APIs […] Source CryptoX Portal

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

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Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about whether bearish positions are now at risk. Despite repeated failures to break above the $107,000 level since May 18, the sheer volume of leveraged positions could propel Bitcoin to a new all-time high. Bitcoin futures…

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Chainlink In Rally Mode: Rising Channel Formation Signals Continued Climb

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Chainlink (LINK) is showing renewed strength as its price moves higher within a well-defined rising channel pattern. After a period of consolidation, LINK has entered a rally mode, forming the channel, a classic signal of sustained upward movement. This technical setup suggests that the bulls are firmly in control, and unless a major shift in sentiment occurs, the uptrend could continue in the short to mid-term. Chainlink Breaks Above 200 MA: Bullish Momentum Builds On M30 In an X post, crypto analyst Thomas Anderson highlighted that Chainlink is exhibiting notable…

Ethereum price gained 90% the last time this indicator turned bullish

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Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to $3,100 resistance zone. A bull flag is a continuation pattern that follows a sharp rally (black flagpole) to $2,730 from $1,900, with the current range forming the flag.  Ethereum 1-day chart. Source: Cointelegraph/TradingView A bullish…

Bancor files patent infringement lawsuit against Uniswap over DEX tech

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Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it. According to the May 20 announcement of the lawsuit, Bancor designed the technology in 2016 and patented it in January 2017. The technology underpins the “constant product automated market maker,” which involves using mathematics to add or withdraw resources from a liquidity pool. The application subsequently led to two issued patents. Bancor alleges that Uniswap used the invention…