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Coinjournal
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ACH price risks fresh sell-off amid cypto downturn
- Alchemy Pay (ACH) price fell over 8% in the last 24 hours as Bitcoin retreated to $105k.
- Despite the partnership with World Liberty Financial, ACH price struggles, hinting at potential extended downward movement.
- Alchemy Pay announced various integrations and partnerships, including support for a stablecoin launched by World Liberty Financial.
- Technical indicators suggest ACH price may experience further decline, with the possibility of a relief rally towards $0.03.
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Coindoo
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XRP Drops 4% in 24 Hours — Here is What Could be Next
- XRP has dropped 4% in the last 24 hours, prompting speculation about its next moves.
- Bearish signals include XRP falling below its 200-day moving average, indicating potential downside.
- Bullish voices predict a 'final pump' phase for XRP, citing breakout claims across various global pairs.
- Diverging narratives on XRP's future create market volatility, with on-chain metrics showing increased trading volume.
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Cryptoticker
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Will Bitcoin Price Crash to $90,000?
- Bitcoin price is currently near $105,000 and showing signs of potential downtrend with a possible correction to $90,000.
- Technical analysis indicates weakening bullish momentum with resistance at $110,000 and support levels at $105,000 and potentially $102,000.
- Factors contributing to a possible price crash include US-China trade tensions, weak US economic data, and technical breakdown risks.
- Short-term traders are cautious, with a bearish bias prevailing unless Bitcoin price can reclaim $107,500 and macroeconomic conditions improve.
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Cryptopotato
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These Low-Cap Altcoins Went Vertical After Major Upbit Listings
- Two low-cap altcoins, Pocket Network (POKT) and Livepeer (LPT), have experienced significant price spikes after getting listed on Upbit.
- POKT price surged by 350% to $0.058, reaching a market cap above $100 million, while LPT soared by over 80% to around $10.17 with a market cap exceeding $420 million.
- The price increase was mainly driven by Upbit's decision to list the LPT/KRW, LPT/USDT, and POKT/KRW trading pairs, boosting the visibility and accessibility of these altcoins.
- This event follows a trend where cryptocurrencies, such as DeepBook (DEEP) and TRUMP, saw significant price rallies after receiving support from Upbit in the past.
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Cryptopotato
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837
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Crypto Whale Wynn Who Bet $1B on BTC Gets Liquidated for $118M Amid Price Dip
- Cryptocurrency trader James Wynn, who bet over $1 billion on bitcoin, has been liquidated for more than $118 million due to bitcoin's dip below $105,000.
- Wynn has been liquidated on four positions totaling 1,134 BTC and has an open position with 40x leverage on the DEX Hyperliquid with an unrealized loss of $4.7 million.
- Wynn's leverage long Bitcoin position increased to $1.25 billion, but bitcoin's decline led to his liquidation in multiple positions as the asset's price dropped.
- Wynn expressed his belief in buying and holding bitcoin in cold storage after his liquidation, stating that his experience exposed corruption in the crypto markets.
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Coindoo
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Crypto Market Sentiment Dips as Fear and Greed Index Slides to 61
- The Fear and Greed Index in the crypto market has decreased to 61, indicating a moderation in investor sentiment compared to previous days.
- The index has fallen from 65 yesterday and 76 last week, showing a downward trend in bullish momentum despite overall positive sentiment.
- Yearly extremes of the index include a high of 88 (Extreme Greed) and a low of 15 (Extreme Fear) on specific dates.
- The dip in sentiment may be attributed to factors such as recent ETF outflows, altcoin losses, and growing caution due to uncertain macroeconomic and regulatory developments.
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Cryptopotato
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Ripple-Backed Hidden Road Unveils Crypto OTC Swaps Platform For US Institutions
- Ripple's acquired prime brokerage platform, Hidden Road, has launched a crypto over-the-counter (OTC) service for U.S. institutions.
- Hidden Road will offer U.S. institutional clients the ability to settle OTC swaps across major cryptocurrencies with cash.
- The move aims to provide U.S. institutions access to a wider range of products and solutions, which were previously unavailable.
- Ripple's acquisition of Hidden Road for $1.5 billion is part of its strategic plan to expand institutional flows into the XRP Ledger and enhance liquidity management.
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Coindoo
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Top 20 Trending Coins for Late May, According to CoinGecko
- Hyperliquid (HYPE) claimed the top spot on CoinGecko’s trending list with a market cap of $10.8 billion, offering a decentralized derivatives exchange for faster, non-custodial trading.
- Sophon (SOPH), a next-generation AI-integrated blockchain protocol, secured the second spot with a market cap of $108.1 million, known for its innovative use cases and active development pipeline.
- Sui (SUI), developed by ex-Meta engineers and backed by the Move programming language, ranked third with a market cap of $11.7 billion, attracting developers for DeFi, NFT, and gaming applications.
- The list also featured established giants like Ethereum (ETH), Bitcoin (BTC), and Toncoin (TON), alongside lesser-known projects like Notcoin (NOT) and WalletConnect Token, indicating a diverse mix of assets gaining attention in the crypto market.
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Coindoo
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Huma Finance Pauses Rally As Analyst Confirms XRP Price Breakout: Here’s Why These 2 Altcoins Are Set To Ride The Wave
- Huma Finance (HUMA) experiences a pause in its rally as XRP price breakout is confirmed, with market focus shifting towards XRP once again.
- Analysts speculate that altcoins like FloppyPepe (FPPE) and KAITO could be the next to ride the breakout wave following the XRP surge.
- FloppyPepe (FPPE) emerges as a potential leader among altcoins with its unique AI-agent powered meme coin concept, strong utility layer, and successful presale funding.
- XRP price gears up for a major breakout, with analysts predicting a potential surge to $27, while KAITO eyes a breakout to $2 supported by technical indicators and renewed interest.
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Coindoo
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Crypto Market Sees Liquidation Split: Bitcoin Shorts Crushed While Altcoin Longs Wiped Out
- Analysis shows that after the launch of U.S. spot BTC ETFs, Bitcoin saw more short liquidations while altcoins faced significant long liquidations.
- Bitcoin's trading activity signified a dominance of short liquidations, while altcoins suffered from a wave of long liquidations.
- Bitcoin experienced around $190 million more in short liquidations compared to longs, indicating an upward momentum led by short squeezes.
- On the other hand, altcoins endured almost $1 billion more in long liquidations than shorts, revealing failed expectations of an 'Altseason' rally.
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Cryptoticker
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Crypto News Today – May 2025 Roundup: What's Coming in June?
- The U.S. SEC has dropped its lawsuit against Binance and Changpeng Zhao, signifying a shift towards a pro-crypto stance by the U.S. government.
- The GENIUS Act, aimed at regulating stablecoins in the U.S., has passed in the Senate with key provisions such as fiat reserves, audits, and licensing, expected to become law soon.
- Hong Kong has implemented a stablecoin licensing law to provide regulatory clarity and attract global crypto firms, aligning with its goal to be a Web3 innovation hub.
- Nigel Farage's Reform UK proposes pro-crypto legislation for London, including a capital gains tax on crypto and policies to establish the city as a global crypto hub.
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Coinjournal
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One day left to invest in Bitcoin Pepe before it hits centralised exchanges
- Bitcoin Pepe's presale is ending tomorrow (May 31st) and is projected to be a high potential investment opportunity.
- CEX listings hold importance for meme coins by providing legitimacy, liquidity, and accessibility to a wider audience.
- Bitcoin Pepe is gaining attention for its innovation, scarcity, and community support, with a successful presale raising nearly $12.5 million.
- With a robust blockchain, low transaction costs, and integration into various platforms, Bitcoin Pepe is viewed as a promising investment for 2025.
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Coindoo
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332
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Ethereum Faces Sell Pressure as Binance Data Signals Bearish Underpinning
- BorisVest analysis suggests sell-side pressure on Ethereum, with key Binance metrics indicating possible downside.
- Ethereum reserves on Binance have increased since Dec 2024, signaling potential selling activity.
- Binance data shows successive inflows of ETH during rally attempts, indicating exit activity by traders.
- Despite buyer activity, ETH struggled to sustain upward momentum, leading to caution in the Ethereum market.
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Coindoo
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B2B Payments Now Drive Stablecoin Growth, Surpassing Peer-to-Peer Use: Artemis Report
- Stablecoin landscape sees a shift with B2B payments now driving growth, surpassing peer-to-peer activity.
- Monthly B2B stablecoin volumes exceed $3 billion by early 2025, experiencing a significant rise from less than $100 million in early 2023.
- The trend is boosted by increasing demand for vendor payments, collateral transfers, and cross-border settlements, with an estimated $36 billion annual run rate.
- 31 global stablecoin payment firms are focusing more on the B2B segment, introducing tailored infrastructure for enterprise use, driven by new entrants like Bitso Business, Conduit, and Yellow Card.
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Coinjournal
1M
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Pi Network price dips to $0.67 as technicals hint at further downside
- Pi Network's price has dropped to $0.67, down from $0.71, indicating potential further downside risk.
- The market sentiment for Pi Network remains cautious due to negative technical signals and low volume.
- Key indicators, such as Chaikin Money Flow (CMF) and squeeze momentum indicator, suggest bearish momentum and potential for a sharp downward move.
- Immediate support for Pi Network is at $0.61, with a risk of further decline towards $0.57 if the current support level is breached.
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