Month: May 2025

Crypto Analyst Calls Wave 5 To Send XRP Price Above $6

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. With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So…

LTC Price Cracks 6% as SEC Delays Litecoin ETF Approval

Key Notes LTC’s daily trading volumes surged by 50% to $553 million, with investors eyeing $81.54 as a potential support level for a recovery. Popular crypto analyst Crypto Patel sees Litecoin in its “Best Accumulation Zone” between $65-$85, with a short-term target of $250. The US SEC is seeking public input on compliance standards for the Litecoin ETF, with comments due by the end of the month. Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M price has cracked nearly 6% earlier today after the…

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January. However, the path higher may not be so straightforward. The latest analysis by Glassnode shows potential for increased selling pressure from some groups of market participants at around $99,900. For a start, long-term holders — defined by Glassnode as wallets that have held coins for at least 155 days — may take profits at $99,900. This aligns with their historical behavior of selling at price…

US Senate crypto bills stall amid Trump ties and ethics concerns

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Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto. In a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand to personally profit from an investment involving UAE state-backed firm MGX, crypto exchange Binance and World Liberty Financial (WLFI). The senators called for an urgent probe, warning the deal may violate the US Constitution’s Emoluments Clause and federal bribery statutes. At the…

India’s Supreme Court says Bitcoin trading is like a refined Hawala network

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India’s Supreme Court has raised concerns over unregulated Bitcoin trading, comparing it to a refined form of Hawala during a recent bail hearing in a crypto-related case. According to local media, the observation came as the court questioned the absence of a clear regulatory framework for virtual currencies in the country. The bench, comprising Justices Surya Kant and N Kotiswar Singh, said the lack of formal rules around crypto assets had created uncertainty, leading to potential misuse. The remarks were made while hearing the bail plea of Shailesh Babulal Bhatt,…

Bitcoin ETFs See 3rd Week of Inflows as BTC Dominance Grows

Key Notes Spot BTC ETFs continue their inflows for the third consecutive week. Bitcoin’s market dominance is almost at 64%. A crypto analyst expects Bitcoin to fall to $92,000. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B is facing consolidation below the $95,000 mark while its market dominance has been consistently increasing. The largest cryptocurrency is currently trading at $94,450. The BTC price chart shows a consistent decline between May 2 and 5. This is usually a sign of an overheated market. According…

A Correction To This Level Could Come First

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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. SUI, one of the leading altcoins of this cycle, targets the key $4.00 barrier after its recent price surge. Amid its reclaim of key supports, an analyst suggests the…

SSV Network Unveils SSV2.0 Testnet to Revolutionize Blockchain Security

James Ding May 06, 2025 07:38 SSV Network launches the SSV2.0 Testnet, promising a 90% reduction in security costs and enhanced validator rewards through innovative based applications. The SSV Network has officially launched its SSV2.0 Testnet on the Hoodi platform, marking a significant milestone in blockchain technology, according to the SSV Team. This initiative is expected to dramatically reduce security costs by 90% while enhancing validator rewards, thus introducing a transformative approach to blockchain security. Innovative Features of SSV2.0 Testnet The testnet…

COTI Selected by ECB to Help Develop Digital Euro Technology

The European Central Bank has selected COTI as a Pioneer Partner for its central bank digital currency (CBDC) initiative. The selected partners are tasked with demonstrating the technical implementation of a conditional payments system before the CBDC’s launch. Digital Euro Launch Set for Early 2026 COTI, an Ethereum confidentiality layer, has been selected by the […] Source CryptoX Portal

Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date

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Riot Platforms sold 475 BTC in April, marking the largest single-month BTC liquidation in the company’s history. Riot Platforms, the second largest publicly traded Bitcoin mining firm by market cap, announced Monday that it had sold 475 BTC in April at an average price of $81,731, generating $38.8 million in net proceeds. The sale, disclosed in Riot’s monthly production and operations update, marks the largest single-month Bitcoin (BTC) liquidation in the company’s history. Of the 475 BTC sold in April, 463 were newly mined in April, with the remaining 12…