BONK has shown significant strength as it consolidates above the breakout zone, with bullish indicators suggesting a potential price surge. Recent trading activity reveals a shift in market sentiment, with
Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the leading cryptocurrency. Bitcoin Unrealized Profits Remain High But No Panic Selling Yet According to a recent CryptoQuant Quicktake post by Bitcoin analyst Crazzyblockk, the cohort of new investors – those who have held BTC for less than one month – is currently sitting on unrealized profits of 6.9%. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? In the same vein, short-term investors – holders who have held Bitcoin for less than six months – are sitting on unrealized profits of 10.7%. These figures highlight that the unrealized profit/loss ratio remains elevated, with unrealized profits far outweighing unrealized losses. Crazzyblockk noted that while historically, a high percentage of unrealized profits across the network tends to precede sharp price corrections, the current setup appears different. They added: Past cycles have shown that extreme profit concentration tends to precede volatility; however, current market structure shows no outsized concentration of risk in one participant group. The relatively narrow spread in unrealized profits between new and short-term holders indicates that profit distribution is balanced. Furthermore, although profit levels are high, loss levels remain compressed, suggesting limited pressure from distressed sellers. The contributor remarked: While macro conditions and volatility risk remain elevated, and a price correction cannot be ruled out, there is no strong behavioral signal suggesting a high willingness to trigger major distribution or selling. Further Upside For BTC? Meanwhile, seasoned crypto analyst Ali Martinez recently predicted further upside for Bitcoin. In a post on X, Martinez noted that BTC has undergone another bullish breakout, with the potential to reach a new all-time high (ATH) around $111,500. The current momentum has also drawn in retail investors. According to CryptoQuant contributor Carmelo Aleman, wallets holding less than $10,000 worth of BTC are steadily returning to the market – a sign of growing retail participation. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says That said, some warning signs may still dampen BTC’s current bullish trajectory. For instance, despite the recent encouraging price action, Bitcoin’s Demand Momentum remains subdued. Similarly, Bitcoin’s “supply scarcity” narrative still lacks meaningful strength, as Aleman recently stressed that despite depleting exchange reserves, BTC is not likely to face genuine supply scarcity in the near term. At press time, BTC trades at $106,528, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Chasing Echoes: Why Yesterday’s Crypto Titans Might Blind You to Tomorrow’s Fortune The crypto world loves its stars. Coins like XRP and Cardano have dazzled investors with massive rallies and impressive utility stories. It’s easy to get caught up chasing the echoes of these established titans. But history shows us that the truly life-changing gains, the elusive 1000x returns, rarely come from the well-known giants already in the spotlight. Instead, they hide in the shadows, in projects so new that only a few insiders have their eyes on them. If you want to build real wealth in crypto, the smart move is to look beyond yesterday’s winners. The real fortune often lies in pre-exchange tokens, those hidden gems in their infancy. This is where the savvy “smart money” is parking bets, scooping up tokens before the market catches on. And today, we’re pulling back the curtain on one such opportunity. XRP (XRP): Riding High on Waves of Adoption and Anticipation XRP remains one of the crypto market’s heavy hitters . As of May 17, 2025, XRP trades at $2.41 and holds a solid position as the 4th largest cryptocurrency by market cap . Its continued strength is backed by adoption in cross-border payments and a community eager for regulatory clarity. Market forecasts suggest XRP could nearly double, potentially reaching $5.00 within the next four weeks. This optimism stems from ongoing developments and a resurgence of interest in digital payment rails. While XRP’s rise is impressive, its story is well-known and widely priced in by now. Cardano (ADA): The Deliberate Ascent of a Research-Driven Powerhouse Cardano has carved a niche as a research-first blockchain platform focused on security, scalability, and sustainability. At $0.7719 and ranking 9th in market cap , Cardano continues to expand its ecosystem methodically. Analysts project a climb toward $0.9950 over the coming month, fueled by upcoming protocol upgrades and growing DeFi activity on its network. Cardano’s steady, science-backed approach makes it a dependable player, but this slow and steady pace means explosive gains are rarer. The “Off-Radar” Multiplier: Why Pre-Exchange Gems Hold Explosive Potential Here’s the crucial insight: once tokens hit major exchanges, the early explosive growth phases are usually behind them. The crowd has caught on, valuations rise, and the easy gains diminish. The real 1000x plays live in the shadows : projects still in presale or the earliest community stages, where risk is high but rewards are unmatched. These are the tokens still flying under the radar, awaiting discovery by sharp-eyed investors who know where to look. Unveiling the Enigma: Introducing OpenFundNet (OFNT)—The Community’s Best-Kept Secret Meet OpenFundNet (OFNT) , a pre-exchange token quietly building momentum as the next big player in decentralized crowdfunding. While few are talking about it yet, OFNT’s mission is clear: fix the trust, fee, and accessibility problems plaguing traditional crowdfunding by leveraging Web3 technology. Currently in presale or early stages, OFNT offers an unprecedented opportunity to get in before the public stampede. This stealth positioning means early supporters could reap outsized rewards as the platform and token gain visibility. The Anatomy of a Giant Slayer: What Gives OFNT its 1000x DNA? OFNT’s blueprint for massive growth rests on innovative features that solve real-world issues: Validator-Driven Trust: Unlike traditional platforms riddled with opaque vetting, OFNT uses a validator system to score and approve projects. This transparency builds genuine trust and quality control, attracting serious backers. Zero Platform Fees: OFNT’s zero-fe e model means creators receive more funding and backers’ contributions go further. This no-extraction approach is a game-changer in an industry notorious for high fees. Dual Rewards & Emission Engine: The tokenomics reward both backers and validators daily with token emissions. This creates an engaged, sustainable ecosystem fueling continuous growth and participation. The Ground-Floor Window: OFNT’s Presale—Your Entry Before the Public Stampede Here’s where it gets exciting. OFNT has allocated 10% of its total token supply specifically for the presale phase. This limited window is a rare ground-floor chance to secure tokens at favorable terms before they hit major exchanges. Participation is streamlined; early buyers can join using widely accepted cryptocurrencies like USDT. This accessibility ensures that the early community can grow quickly, setting the stage for explosive network effects. Beyond Price Pumps: OFNT’s Vision for a Self-Sustaining Crowdfunding Universe OFNT is more than just a speculative token. Its vision is to build a decentralized, community-governed crowdfunding platform that is self-sustaining and scalable. Governance tokens empower holders to vote on critical platform decisions, ensuring the project evolves with its community’s needs. Combined with deflationary mechanisms like scheduled emission halvings , OFNT’ s design supports long-term token scarcity and value appreciation. This isn’t a flash in the pan; it’s a foundation for lasting impact. The Final Whisper: Position Yourself in OFNT Before the Market Shouts Its Name XRP and Cardano have proven their value, but the real game-changers for exponential gains are hidden pre-exchange tokens like OFNT. This opportunity offers early adopters a shot at massive returns by backing a project built on trust, innovation, and community power. If you’re ready to move beyond the obvious and claim your spot in the future of decentralized crowdfunding , now is the time to research OpenFundNet . Join their growing community channels and get in before the market wakes up to this sleeping giant. The whispers are growing louder; don’t miss your chance before the crowd rushes in. Join the OpenFundNet Token Presale and Community Website: https://presale.openfundtoken.io/ Whitepaper: OpenFundNet Token Whitepaper PDF X: https://x.com/openfundnet Telegram: https://t.co/JmozQ7JNh9 Discord: https://t.co/sOlHuqdzag Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Forget XRP & Cardano Surges: The Real 1000x Play is THIS Pre-Exchange Token No One’s Talking About… Yet appeared first on Times Tabloid .
BONK consolidates above breakout zone as bullish metrics align for a potential move higher.
The stock market-listed Brazilian payments firm Méliuz has unveiled plans to spend around $26.5 million on Bitcoin (BTC) purchases. The Brazilian media outlet Livecoins reported that the company will raise funds to buy more Bitcoin as part of its newly established treasury strategy. Earlier this month, Méliuz became Brazil’s first stock market-listed BTC treasury company, s pending almost $28.5 million to buy BTC 274.52 . Méliuz (CASH3) share prices on the Brazilian B3 exchange over the past six months. (Source: Google Finance) Méliuz: Bitcoin Plans in Pipeline The company will continue to buy BTC in the weeks ahead. In a statement, the company declared its intention to raise no less than 150 million real ($26.5 million) on “new BTC acquisitions.” The firm said it had told its shareholders about its intentions and was now “evaluating” its fundraising options. Méliuz CEO Israel Salmen said the company would look to an “issuance of shares or convertible debt” in its search for funding. The firm added that it was working with the São Paulo-based investment banking firm BTG Pactual on its plan. BTG Pactual will act as a coordinator when Méliuz has the funds in place to complete its next BTC purchase. Marcio Loures Penna, Méliuz’s Director of Investor Relations and Corporate Governance, confirmed that the company may issue financial assets “representing debt securities.” These may either be convertible into shares or offered in a non-convertible form, he added. The company may alternatively choose to carry out a primary public offering for common shares, with possible subscription bonuses. Méliuz said that while its goal remains raising 150 million real, it may spend even more “if opportunities arise.” However, the firm warned that its plans remain provisional. It said that it would need to complete an evaluation process before it finalized its next BTC buy. @MeliuzBitcoin #CASH3 announced yesterday that it is evaluating a potential capital raise to expand its Bitcoin strategy, through the issuance of shares or convertible debt. BTG has been engaged to coordinate a potential public offering. — Israel Salmen (@IsraelSalmen) May 20, 2025 When Could Méliuz Make Its Next BTC Purchase? Méliuz also refused to put a timeline on its fundraising efforts or its eventual Bitcoin buy. Earlier this month, the fintech player uveiled details of its first Bitcoin buy, as well as news that its shareholders have “approved, by a wide majority, the transformation of Méliuz into the first listed Bitcoin treasury company in Brazil.” The company currently holds BTC 320.2. Penna added that Méliuz “will keep its shareholders and the market informed of any news” on its next BTC buy. He vowed that the firm would act “in line with best corporate governance practices and in accordance with applicable legislation and regulations.” Méliuz was founded in 2011. Its services include cashback and voucher offerings for online and brick-and-mortar retailers, in addition to the Méliuz credit card. The firm launched a successful $103 million initial public offering on the Brazilian B3 exchange in November 2020. The post Brazil’s Méliuz Announces Plans to Buy Another $26.5M Worth of Bitcoin appeared first on Cryptonews .
As the crypto industry evolves, Senator Kirsten Gillibrand’s leadership in advancing the GENIUS Act reflects a pivotal moment in stablecoin regulation. With heightened Senate support, the GENIUS Act is on
Key Takeaways: Democratic lawmakers and progressive groups are staging a rally in protest of a Trump-hosted dinner for top holders of his $TRUMP meme coin. Critics argue the event commodifies political access, allowing wealthy donors, some based overseas, to buy proximity to a U.S. president. The rally, branded “America Is Not for Sale,” will feature speeches from key Democratic figures and visual protests targeting crypto-related political fundraising. A coalition of Democratic lawmakers and activists is set to rally on May 22 in protest of President Donald Trump’s controversial meme coin dinner, raising concerns over political influence and crypto-fueled favoritism. The event, organized under the banner “America Is Not for Sale,” is a direct response to what critics say is the monetization of political access through Trump’s latest crypto initiative. Trump Slammed for ‘Selling Access’ via meme coin The event, held at Trump National Golf Club in Potomac Falls, Virginia, follows Trump’s announcement that the top 220 holders of his meme coin, $TRUMP, could apply for an exclusive dinner with him. The top 25 are said to qualify for a “VIP White House tour.” Blockchain data shows the token has raised nearly $150 million, with some attendees reportedly spending millions for the chance to meet Trump. Source: Public Citizen Opponents of the event, including members of Congress, say it crosses ethical lines. They claim the president is turning influence into a transaction. “Americans cannot and will not accept President Trump’s view that positions of power exist only to benefit the holder of that power,” said Ryan Ruzic, chair of the Loudoun County Democratic Committee. Public Citizen is organizing the rally with progressive group Our Revolution. Protesters are expected to display banners reading “STOP CRYPTO CORRUPTION” and enlarged graphics of the $TRUMP coin. Oregon Senator Jeff Merkley is scheduled to speak at the rally, alongside several other Democratic figures. According to Our Revolution, some of the coin’s largest holders are based overseas, sparking additional concerns about foreign influence. Crypto industry figures, including Tron founder Justin Sun , Hyperithm co-CEO Oh Sangrok, Kronos Research CIO Vincent Liu, and Synthetix founder Kain Warwick, are among the known tokenholders expected to attend the dinner. According to the project , all attendees must pass background checks and cannot be from countries flagged by Know Your Customer (KYC) compliance lists. Public Citizen Co-President Robert Weissman echoed those concerns. “Trump’s solicitation schemes for money, gifts, and power are out of control,” he said. “Between his outrageous meme coin grift, his Tesla car show on the White House lawn, and his consideration to accept a gifted jumbo jet from Qatar, Trump’s priority goes to the highest bidder.” Trump Family’s Crypto Links Raise Ethics Concerns, Stall Stablecoin Legislation The dinner has also had political consequences in Washington. For example, some Democratic lawmakers have withdrawn support for crypto-related bills in protest , including the GENIUS Act, a measure focused on regulating payment stablecoins. Though the act passed a key Senate vote on May 19 , several senators voiced concern over Trump’s ties to World Liberty Financial, a crypto platform that launched its own stablecoin, USD1, in March. Critics worry the Trump family’s involvement with the company could present serious conflicts of interest. “Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans,” said Sen. Mark Warner in a statement before the vote. Senator Chris Murphy, who opposed advancing the GENIUS Act , called for bipartisan efforts to add provisions that would bar a U.S. president from issuing stablecoins. The Senate has a chance – right now – to shut down Trump's biggest crypto coin corruption. The pending bill in the Senate regulates a kind of crypto called "stablecoin", but exempts the President from the ethics rules. We shouldn't pass that bill unless that loophole is closed. pic.twitter.com/eHLeCdBV9m — Chris Murphy (@ChrisMurphyCT) May 21, 2025 He also urged the White House to release a full list of dinner attendees, warning that many may be expecting favors in return for their token purchases. Murphy will join Senator Elizabeth Warren and representatives of Public Citizen at a press event on the evening of the dinner. California Representative Maxine Waters, ranking member of the House Financial Services Committee, is planning a separate press conference on May 22. She is expected to introduce legislation to block Trump’s meme coin and curb what she calls “crypto corruption.” Meanwhile, additional protests are being organized by local Democratic groups, including the Arlington and Loudoun County Democratic Committees. “We have a moral responsibility to speak out against corruption, whatever the result may be,” said Ryan Ruzic, chair of the Loudoun County Democrats. The post Lawmakers, Activists Rally to Protest Trump’s Meme Coin Event – Is Crypto Becoming a Political Flashpoint? appeared first on Cryptonews .
The post New York Jury Convicts Ex-Safemoon (SFM) Executive on All Charges appeared first on Coinpedia Fintech News The ex-Safemoon executives were charged with defrauding investors through unscrupulous smart contracts. SFM price dropped over 5 percent today despite the wider altcoin market following Bitcoin in bullish sentiment. A New York jury convicted Braden John Karony, a former CEO of the SafeMoon (SFM) crypto project, on all crucial charges earlier on Wednesday, May 21. Karony was charged by the United States Department of Justice (DOJ) with conspiracy to commit securities fraud, wire fraud, and money laundering. The verdict was a result of a two-week trial that concluded that the ex-Safemoon executives defrauded SFM investors by draining purportedly locked liquidity for their personal gains. The case prosecutor alleged that Karony alongside Thomas Smith, a former Safemoon CTO, and Kyle Nagy, the project’s creator, misappropriated millions of investors’ funds between 2021 and 2022. While Smith has already pleaded guilty to all charges and testified against Karony, Nagy remains a fugitive, allegedly in Russia. Meanwhile, Karony will remain in police custody ahead of his sentencing, with his properties worth over $1.8 million seized. Market Impact on the Safemoon Project The Safemoon project has struggled to regain market share in the recent past following the indictment of the ex-officials. The project dropped in net valuation from nearly $1 billion to about $7.5 million at the time of this writing, according to our latest crypto oracle. Following the announcement on Wednesday, SFM price dropped over 4 percent in the past 24 hours to trade about $0.00002 during the late North American trading session. The Safemoon project has recorded sustained bearish sentiment in the recent past despite the wider altcoin market attempting to follow Bitcoin price in bullish sentiment. Furthermore, BTC price rallied over 4 percent in the past 24 hours to trade at about $109k, while the BNB and Dogecoin led in the wider altcoin recovery.
Bitcoin’s recent surge raises intriguing questions about the overall health of the cryptocurrency market, especially as altcoins struggle to keep pace. While Bitcoin [BTC] captures headlines with its price gains,
Orange Surf, in charge of research and strategy at Mempool Research, has determined that over half of all bitcoin transactions made during the last 12 months included some data-related component. 51% of all the transactions involved Runes and BRC20 tokens, which are considered “spam” by some. Spam-Filled Bitcoin: Over Half of All Transactions Included Runes