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Ambcrypto

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Solana wallets cross 11 mln – A catalyst for SOL’s run to $270?

  • Solana's price surged above $180 with a 3.5% gain and saw an 11% increase in trading volume.
  • The number of Solana wallet addresses holding at least 0.1 SOL jumped to 11.04 million, indicating growing interest and confidence from retail investors and long-term holders.
  • The breakout above $180 opened up a potential 40% upside rally for SOL, with a target price of $270, as traders and investors show strong bullish sentiment.
  • Exchanges experienced a $13 million outflow of SOL in the last 24 hours, signaling accumulation and potential buying pressure for a further upside move.

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Bitcoinist

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Analyst Says XRP Must Hold This Level For Bullish Continuation To $4.2

  • XRP must hold above $2.50 to reach $4.2, according to crypto analyst Egrag Crypto.
  • Analyst emphasizes the importance of maintaining support levels at $2.50 or $2.42 for bullish momentum.
  • Crypto analyst Dark Defender predicts the 3rd wave for XRP, targeting a price of $5.
  • XRP price currently trading at around $2.58, up over 3% in the last 24 hours.

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Coindoo

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$300M Bitcoin & TRUMP Bet by China-Linked Firm Sparks Ethics Firestorm

  • GDC, a company with zero revenue and eight employees, made a $300M Bitcoin and TRUMP bet according to a recent SEC filing.
  • This move by GDC coincides with President Trump considering a TikTok ban, while the company claims to operate its e-commerce business through the platform.
  • Critics are concerned about the ethical implications of GDC's actions, especially regarding potential financial benefits to the Trump family due to TRUMP token trading.
  • The funding for the crypto purchases will be sourced from a private stock placement to an undisclosed entity in the British Virgin Islands, raising concerns about transparency and potential foreign influence.

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TronWeekly

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AVAX Price Surge Targets $26.80 as Bullish Momentum Builds Strongly

  • Avalanche ($AVAX) broke out of a 3-month range, signaling bullish momentum with price above key levels.
  • Key resistance zones for AVAX are at $26.80, $28.30, $31.20, and $33.00, with $35.20 as a hurdle.
  • RSI at 60 indicates cooled momentum; MACD shows weakening, with $26.36 resistance posing potential risks for a pullback.
  • AVAX price action reflects signs of bullish momentum, caution advised for potential resistance at higher levels and need for risk control in trading.

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TronWeekly

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XRP: BTC Maxis’ Alternate Choice Records Historic 638K New Wallets in Early 2025

  • XRP has seen a significant increase with over 638k new wallets and 6.5 million non-empty wallets at the beginning of 2025.
  • WisdomTree listed XRP as the only altcoin worthy of inclusion alongside Bitcoin due to its Layer-1 payment utility.
  • Institutional investors and Bitcoin maxis are now accumulating XRP, showcasing a shift in investment focus.
  • The increasing interest in XRP is not just from retail investors but also from sophisticated financial entities, positioning XRP as an important diversification asset.

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Coindoo

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Markets Soar as US–Saudi Trade Deal Ignites Risk Rally; Crypto Outperforms

  • A US–Saudi trade deal, including a rollback of tariffs, boosts market sentiment, leading to a surge in equities and crypto markets.
  • The S&P 500 erases previous losses, reflecting increased investor confidence amid easing trade tensions and potential interest rate cuts.
  • US CPI data trending lower sparks optimism for rate cuts, although the Federal Reserve maintains caution, with expectations of two rate cuts in the near future.
  • Crypto assets outperform other classes, with Bitcoin and Ethereum nearing record highs, while attention is drawn to Coinbase's upcoming addition to the S&P 500 on May 19.

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Ambcrypto

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XRP surges 21%, but THESE clusters hints at a short-term dip to…

  • XRP has surged 21% in the past week and 3.43% in the past 24 hours, signaling a potential rally.
  • Ripple's Taker Buy/Sell Ratio indicates more sellers than buyers, but it hasn't impacted the price movement significantly.
  • Binance traders are actively driving XRP's price up, with Open Interest on Binance rising to $1.5 billion.
  • While retail spot traders are bullish, liquidity clusters suggest a possible dip to $2.50 region before an expected rebound.

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TronWeekly

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IOTA Breaks Out of Downtrend: A 100% Rally Toward $0.50 Coming

  • IOTA has surged by 7.97% daily and 25.58% weekly, breaking out of a downtrend channel amid bullish divergence signals.
  • The TWIN Foundation, launched with IOTA's support, aims to tackle inefficiencies in global trade using decentralized technologies.
  • Price targets indicate a potential rally to $0.50, with key levels at $0.28, $0.31, $0.40, and $0.50 after sustaining a retest at $0.21–$0.22.
  • Long-term forecast suggests IOTA could surpass $0.55 by 2025, reclaiming early 2021 highs and aiming for its all-time high of $5.69, supported by the incorporation of decentralized tech in international trade.

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Bitcoinsensus

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Crypto P2P Transfers Dodge 5% Remittance Fee in New Tax Plan Proposal

  • House Republicans have proposed a new 5% remittance tax in a comprehensive tax reform bill, impacting cryptocurrency holders in the U.S.
  • Introduced on May 13, the bill aims to make Trump-era tax cuts permanent while introducing new tax breaks and adjustments.
  • The bill offers a $5 trillion cut to American taxpayers but also includes new requirements for Medicaid coverage, potentially impacting social programs.
  • The proposed 5% remittance tax exempts peer-to-peer crypto transactions, potentially driving increased adoption of digital assets for cross-border payments.

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TronWeekly

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India Hits Back on Trump Tariffs as US-China Ties Strengthen Fast

  • India imposed retaliatory tariffs in response to Trump's steel and aluminum import tariffs.
  • The US-China trade deal shows progress as India takes steps against Trump tariffs affecting its exports.
  • India informed WTO that $7.6 billion worth of its steel and aluminum exports to the US are affected by Trump tariffs.
  • As US-China ties strengthen, India's trade stance signals deeper disagreements amidst shifting global alliances.

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Cryptoticker

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DeFi Just Got Real: JPMorgan Takes a Historic Leap into Blockchain Finance

  • JPMorgan Chase, a $4 trillion asset management giant, completed its first public transaction involving tokenized U.S. Treasury bonds, marking a historic move towards convergence between traditional finance and decentralized finance.
  • On May 14, 2025, JPMorgan's blockchain division settled a transaction on a public blockchain using Chainlink’s Cross-Chain Interoperability Protocol, bridging private and public financial systems.
  • The use of Delivery versus Payment model in the trade reduced counterparty risk and enabled instant settlement, hinting at a departure from traditional T+2 settlement delays in financial markets.
  • This initiative signifies a significant endorsement of DeFi infrastructure by major financial institutions, paving the way for wider adoption of tokenized real-world assets and potentially revolutionizing financial markets with lower costs and near-instant settlements.

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TronWeekly

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EToro Surpasses Expectations with $52 Nasdaq IPO

  • EToro prices Nasdaq IPO at $52 per share, surpassing initial projections.
  • IPO raises $310 million, valuing eToro at $4.2 billion, with shares trading under ticker “ETOR”.
  • Significant milestone for crypto-related companies as eToro joins peers like Coinbase and Marathon Digital Holdings in going public.
  • EToro's successful IPO signals investor confidence in its business model blending traditional equities and crypto trading, potentially impacting future crypto-tech public offerings.

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TheNewsCrypto

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MKR Surge in Progress: Can Maker Break Through the $2K Ceiling?

  • Maker (MKR) has surged over 6% and is trading near the $1.8K zone, with a daily trading volume increase of more than 31%.
  • The crypto industry's recent recovery has led to a market cap of $3.36 trillion, pushing major crypto assets into a bullish zone.
  • MKR has gained 6.03% in the last 24 hours, with its price hitting highs around $1,959 after breaking key resistances.
  • The upward momentum could push Maker towards $1.9K and potentially break the $2K threshold, supported by indicators like MACD and RSI showing bullish sentiment.

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TronWeekly

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XRP Surges Above $2.53: Can It Reach $3.01 Soon?

  • XRP surged past $2.53, with analysts eyeing $3.01, showing strong bullish momentum.
  • Technical analysis suggests that Ripple may hit $4.40 with increasing purchasing tension.
  • XRP market capitalization is at $149.36 billion, with a 24-hour 49.55% surge in trading volume.
  • XRP's price breach of $2.53 resistance marks a bullish breakout, with $3.01 as the next target, potentially rising to $4.40 as per Fibonacci extensions.

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Ambcrypto

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XRP Open Interest jumps 42% – Is this the start of a sustained rally?

  • XRP Open Interest surged 41%, indicating strong speculative confidence in Ripple's breakout and potential trend reversal.
  • Bulls may be quietly building for a sustained rally as neutral Funding Rates and absorbed sell pressure suggest balanced sentiment and potential upside.
  • Futures Open Interest on XRP increased sharply by over $1 billion, rising by 41.6% in the last week, reflecting renewed directional conviction.
  • XRP broke out of a descending channel and holds above $2.38, with Fibonacci projections pointing to $2.82, $3.01, and $3.38 as next targets if bulls maintain control.

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