ETH Withdrawals Surge to $1.2B Weekly as Price Nears 3-Month High
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The Ethereum Foundation announced the “Trillion Dollar Security” (1TS) initiative, a three-part plan to enhance Ethereum’s resilience for high-value institutional and individual use. Ethereum’s 1TS Initiative Focuses on Protocol, Smart Contract Risks The project aims to enable billions of users to securely store over $1,000 each onchain and support single contracts holding more than $1 […]
Market sentiment around the XRP price is flipping bullish as technical indicators and recent chart movements suggest a promising upward trajectory over the next three months. With momentum building, a crypto analyst is now eyeing a potential rally that could push XRP as high as $36. According to a new prediction posted by crypto analyst Dark Defender on X (formerly Twitter), the XRP price is gearing up for a potentially explosive surge to $36. XRP Price Forecasted To Reach $36 The chart analysis shows that XRP has broken through a crucial three-month resistance trendline that has capped its price action since its 2018 peak. This breakout signals a powerful shift in market structure, indicating that the long-standing bearish trend may be over. Related Reading: XRP Price Repeating History? 2017-Like Rally To Send Price To $10 Dark Defender’s three-month candlestick chart applies the Elliott Wave Theory, mapping out a five-wave bullish structure. The analysis shows that Waves 1 and 2 have already played out, and XRP now appears to be entering Wave 3, which is typically seen as the strongest and longest wave. If this Wave 3 pattern holds, XRP could be on the verge of its most powerful rally yet. According to Dark Defender, the upside target could reach as high as $36.76, representing a staggering 423.6% increase. Before XRP reaches this projected price level, Dark Defender has forecasted short—to long-term bullish targets for the cryptocurrency. In the short term, XRP could reach $3.33, with a mid-term goal of $5.85. Additional milestones along the way include key percentage gain levels that may act as interim resistance zones. A 161.8% gain points to a potential price of around $13.81, while a 261.8% surge suggests a move toward $18.96. If momentum continues, the token could push further to $26.87, aligning with a 361.8% increase. On the downside, support levels at $2.3620 and $2.222 are expected to act as strongholds in case of any retracement before continuation. Moving forward, Dark Defender has doubled down on his bullish stance on XRP’s future outlook, referencing a tweet dated March 17 that boldly declared, “XRP is extremely bullish.” Clear Path Ahead For The Altcoin As Resistance Thins Out In an X post released on May 13, Ali Martinez, a prominent crypto analyst, disclosed that on-chain data from Glassnode shows a clear bullish path for XRP, with no signs of major resistance clusters ahead. The analysis based on the UTXO Realized Price Distribution (URPD) indicates that a significant portion of XRP tokens were last moved at lower price levels. Related Reading: XRP Price Macro Channel Breakout That Puts Targets At $17-$55 The chart also highlights a significant support zone at $2.38, where nearly 1.85 billion XRP, amounting to 2.92% of its supply, were last transacted. This concentration of holders could serve as a psychological and technical support level if the market pulls back. Moreover, the absence of large token holdings at higher price ranges suggests that the price could experience a smoother ascent, unburdened by major resistance from profit-takers. Featured image from Getty Images, chart from Tradingview.com
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Bitcoin has protected the $100K mark and is consolidating above the all-important price level. There are several factors that have contributed to Bitcoin’s recent run. For starters, the CBOE Volatility Index is now down to just under 20. Also known as the fear index, the CBOE measures the expected volatility in markets for the next 30 days. A lower VIX shows less expected volatility and signs of stability. Earlier in the year, the VIX stood at just under 60, representing high uncertainty. However, it’s now come down to a 30-year average of just 20. The recent de-escalation in the ongoing US-China tariff war has also played a major role in strengthening Bitcoin above $100K. The US has agreed to tariffs of 30%, whereas China will now only impose a 10% tariff on US goods. This has led to ‘risk on’ sentiment when it comes to Bitcoin investors. Keep reading as we dig into various technical reasons that point towards an even greener crypto market in the coming weeks. We’ll also recommend three tokens that could be the next crypto to 1,000x if the market remains this bullish. Bitcoin ‘Risk-On’ Sentiments The US CPI inflation rate has also dropped to 2.3% YOY in April 2025, down 0.1% compared to March. This is the lowest it has been since February 2021. Slowing inflation indicates stable economic conditions, supporting the ‘risk-on’ environment for Bitcoin. Data from CryptoQuant shows that the Bitcoin Bull Score Index has increased from 20 to 80. While a score of 22-50 indicates neutral to slightly bullish conditions, a score above 80 indicates that Bitcoin is extremely bullish with strong rallies. Historically, whenever the Bull Score Index has hit 80, it has been followed by strong market rallies. What’s more, the Bitcoin fear-greed index is also moving up. It now stands at 53.3%. Although you could argue that this is slightly higher, it’s still quite far from the overload zone at 80%. All these positive market sentiments suggest that Bitcoin may soon break its all-time high and head towards the highly anticipated $135K level. Trump’s Promise Confirms Bullish Bias Speaking at the Saudi-US investment forum, Trump said that the markets are going to go a lot higher from here. He said that a lot of investment is happening, and jobs are being created at a pace never seen before. This will propel the equity markets to a new high. The magic may also pass on to Bitcoin, which has become a ‘safe-haven’ investment for corporations. Speaking of $BTC-loving corporations, Strategy has stashed over 550K $BTC so far. Semler Scientific has also purchased 1,510 $BTC since the beginning of 2025, taking its total holdings to 3,808 $BTC. Similarly, Twenty One Capital, an investment vehicle backed by Cantor Fitzgerald, now holds a total of 36,312 $BTC. This is after Tether recently bought $458.7M worth of $BTC for the firm. We continue to accretively grow our Bitcoin arsenal using operating cash flow and proceeds from debt and equity financings. – Eric Semler, chairman of Semler Scientific As is pretty evident, there is an increasing push by corporations to convert part of their cash reserves into Bitcoin. With strong technical indicators and market confidence, Bitcoin looks well poised to reach $135K. If you don’t want to miss out on this once-in-a-lifetime bull run, here are a few cryptos worth investing in. 1. BTC Bull Token ($BTCBULL) – Best Bitcoin-Themed Altcoin to Buy Right Now BTC Bull Token ($BTCBULL) is undoubtedly one of the frontrunners to become the next big crypto coin, thanks to its unique way of rooting for Bitcoin. It’s, in fact, the ONLY crypto today offering free (and 100% real) $BTC in its airdrops to its token holders. This is huge not only because $BTC is essentially worth $100K+ but also because it’s flipping the script on how crypto projects have typically gone about their airdrops, i.e., by offering more of their own tokens for free. BTC Bull Token’s Bitcoin airdrops will occur each time the king cryptocurrency breaches a new landmark figure, such as $150K, $200K, and $250K. To take part, you need to hold your $BTCBULL tokens in Best Wallet. More good news for $BTCBULL investors: the project will follow a deflationary model. Under this, a handful of $BTCBULL tokens will be erased from the total supply at regular intervals. As supply shrinks and $BTC marches on, we can expect $BTCBULL to absolutely explode. It’s worth noting that according to our BTC Bull Token price prediction, this new crypto could easily reach $0.096 by 2026. Looking to buy $BTCBULL? Each token costs just $0.00251, and the project has already raised over $5.7M. 2. SUBBD Token ($SUBBD) – Revolutionary New Crypto Changing the Online Creator Industry SUBBD Token ($SUBBD) sets itself apart by being the first-ever crypto subscription platform to integrate AI. It’s a beacon of hope for the $85B digital content industry that has been struggling with high commissions, little to no automation, and dying creator-fan relationships. Creators on SUBBD will have a slew of AI tools, such as voice, image, and video generators, to upscale and automate the entire process of creating and distributing content. In addition to benefiting from lower platform fees, they’ll also have the liberty to set up various payment models for their content. These include pay-per-view, subscriptions, tipping, and NFT sales. As for the fans, they’ll be able to use $SUBBD, the platform’s native token, to pay for all the exclusive content available on SUBBD. In addition to access to premium AI content, $SUBBD token holders will also get discounts on subscriptions and content, early-bird access to new features, and voting rights. Combined with a staking program that gives token holders access to exclusive creator livestreams, daily BTS drops, and a fixed APY of 20%, it’s not a surprise that our $SUBBD price prediction found the token could jump 1,200% by 2026. Buy the $SUBBD presale token today for just $0.0554 each. The project has so far raised over $390K in early investor funding. 3. Just a chill guy ($CHILLGUY) – Amusing Meme Coin on a Roll Right Now What do you call a person who diligently hustles as a taxi driver in GTA V? Stupid? Depressed? Nah; we’d say they’re ‘Just a chill guy.’ The GTA V example perfectly explains what this extraordinarily viral meme stands for – a ‘lowkey,’ ‘whatever’ attitude that doesn’t care about what anyone thinks. The meme character is quite dashing, too. He dons blue jeans, red shoes, and a grey sweater, all of which, by the way, pale in comparison to the coolness with which he keeps his hands in his pockets and boasts a smirk on his face. Needless to say, this is exactly the kind of meme crypto degens love to back. As a result, there’s nothing ‘chill’ about $CHILLGUY’s performance. The token is up over 130% in the last seven days and a brain-melting 460% in the last month or so. Plus, given that it’s still available for just $0.1140, Just a chill guy is easily one of the best cryptos to buy now. The Next Crypto to 1,000X – A Real Possibility or a Pipe Dream? There’s no refuting that top altcoins like $BTCBULL and $SUBBD have the potential to generate massive gains. However, they, like much of the altcoin space, depend on the broader crypto market’s pace and direction. Even though things, as they stand now, look bright, really bad news could send prices crashing any minute. So, despite the bullishness, we suggest that you only invest an amount you’re comfortable losing. Also, kindly do your own research before investing; our articles are not financial advice.
Key points: Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going.Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies.Fed rate cuts seem increasingly far off despite encouraging inflation data.Bitcoin (BTC) hugged familiar territory around the May 14 Wall Street open as traders awaited fresh US macro cues.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewTrader: BTC needs $108,000 reclaim for breakoutData from Cointelegraph Markets Pro and TradingView showed $103,000 remaining a BTC price magnet.Bulls had managed another trip to $105,000 the day prior, with momentum nonetheless lacking after brisk gains throughout the first half of the month.Now, traders eyed consolidation prior to a return to volatility, with predictions favoring further upside.It’s all just a big shake-out range in before another break-out 📈 againPATIENCE$BTC https://t.co/t9vNUsoIQA pic.twitter.com/5BSUTzPLoM— Phoenix (@Phoenix_Ash3s) May 14, 2025“Even though $BTC looks great IMO, I still stand by the fact that it probably moves sideways from here for a while, which would probably be great news for alts tbh,” popular trader Byzantine Trader wrote in one of his latest posts on X. “If BTC remains calm, then alts can do their own thing for a bit.”BTC/USDT 4-hour chart. Source: Byzantine General/XDespite seeing the Bitcoin bull market unwinding sooner rather than later, fellow trader Roman agreed that higher highs would come first.“Looking for more upside if we can continue to consolidate here as consolidation = continuation of trend. Yes my macro views believe the $BTC bull is close to over but there’s still some room for short term upside,” he told X followers. “Break 108 resistance and 120 is possible.”Market rate cut odds “adjusted” after CPIMacro influences were less pronounced on the day thanks to a gap in US inflation data releases.Related: BTC bulls get ‘biggest signal’ — 5 things to know in Bitcoin this weekThe day prior, a lower-than-expected Consumer Price Index (CPI) print had failed to spark a fresh crypto rally, with eyes now on the Producer Price Index (PPI) numbers due on May 15.Commenting, trading firm QCP Capital stressed that the Federal Reserve’s hawkish policy was dictating market expectations. Interest rate cuts in the first half of 2025, a would-be risk-asset tailwind, were being increasingly priced out.“US CPI came in below expectations, providing a welcome reprieve to inflation worries and bolstering bets on rate cuts,” QCP wrote in its latest bulletin to Telegram channel subscribers. “Still, the Fed remains cautious. At its last meeting, officials reiterated a data-dependent stance, flagging the uncertain downstream effects of tariffs on both unemployment and inflation.”Fed target rate probabilities (screenshot). Source: CME GroupData from CME Group’s FedWatch Tool put the Fed’s September meeting as the likely occasion to deliver the next cut.“Market pricing has also adjusted accordingly, with two rate cuts now expected for 2025, down from four just a month prior,” QCP added.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.
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Ethereum is trading firmly above the $2,600 mark after a surge in buying pressure over the past several days, marking a strong shift in momentum across the broader market. After months of choppy action and bearish sentiment, bulls are clearly back in control. ETH has reclaimed several key levels with conviction, signaling a potential continuation toward higher targets. Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price action now looks structurally bullish, with Ethereum pushing through resistance zones that previously capped upside for weeks. This rally has reignited investor confidence and brought renewed attention to Ethereum’s medium-term outlook, especially as altcoins start to show strength alongside Bitcoin’s recent consolidation. According to fresh data from Glassnode, the next major resistance area to watch is at $3,100, where Ethereum is likely to encounter heavier sell pressure. This level, derived from pricing bands, now defines Ethereum’s current trading range and will likely dictate price direction in the coming sessions. With volatility returning and sentiment improving, Ethereum appears poised for a critical breakout or a decisive retest of support, depending on how bulls handle the next leg. Ethereum Nears Key Resistance As Altseason Expectations Grow Ethereum has rallied over 98% since its April 9th low, marking one of its most powerful recoveries in recent years. This explosive move has not only flipped sentiment from bearish to bullish, but also reignited speculation around a broader altseason — a period in which altcoins significantly outperform Bitcoin. After months of heavy selling pressure that began in late December, Ethereum is now showing sustained strength for the first time. The price has reclaimed critical levels, and momentum continues to build as traders and investors rotate capital back into ETH and other large-cap altcoins. Market participants are watching closely to see if Ethereum can maintain this pace and confirm a longer-term trend reversal. Top analyst Ali Martinez shared Ethereum’s MVRV Extreme Deviation Pricing Bands, offering a clear technical framework for what’s next. According to the data, the next key resistance level is at $3,100 — a region that could act as a short-term ceiling if buying pressure fades. On the downside, the major support zone sits at $2,233, a critical level to hold in the event of a pullback. As Ethereum continues to climb, these levels will become increasingly important. A clean breakout above $3,100 could open the door to a broader rally across altcoins, while a rejection or correction would likely test the market’s true conviction. For now, ETH remains in a bullish structure, supported by growing volume, on-chain signals, and renewed investor enthusiasm. The coming days will be crucial in determining whether Ethereum leads the charge into a full-fledged altseason. Related Reading: Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst ETH Price Action: Testing Resistance After Massive Rally Ethereum (ETH) is currently trading around $2,604, consolidating after a sharp surge that lifted it from under $1,400 to a high of $2,725 in just two weeks. The daily chart shows that ETH is now approaching the 200-day simple moving average (SMA) at $2,702.60, which is acting as a key resistance level. This zone also coincides with recent local highs from early February, making it a critical area to break for further upside continuation. The recent rally brought strong volume and bullish momentum, with ETH closing multiple daily candles above the 200-day exponential moving average (EMA) at $2,435.66. This is a positive sign for trend reversal after months of sustained bearish pressure. However, today’s pullback signals that bulls are losing some steam as the price tests this crucial resistance. Related Reading: Ethereum Recovery Gains Strength: Massive Comeback Above Key Support If ETH can consolidate above the $2,500–$2,600 range and break through the 200-day SMA with convincing volume, the next upside target lies near the $3,100 level, as noted in recent technical studies. On the downside, maintaining support above $2,435–$2,450 is essential to avoid a deeper correction. The coming days will reveal whether Ethereum can turn this consolidation into a true breakout or if further cooling is needed before the next leg up. Featured image from Dall-E, chart from TradingView