PUTIN: Talks with UKRAYNA will start on May 15 in ISTANBUL.
Former Maryland Gov. Martin O’Malley recently compared bitcoin to a Ponzi scheme while defending the U.S. Social Security Administration. The comparison drew criticism from bitcoin supporters, who countered by asserting that Social Security itself resembles a Ponzi scheme. O’Malley: Trump Administration After Social Security’s $2.6 Trillion Surplus In a recent speech defending the U.S. Social
Cryptocurrencies are on the rise, with Celestia and Polkadot gaining traction alongside Bitcoin's latest surge. As the market heats up, investors are keen to know if this upward trend will keep its momentum through May. This piece delves into the potential growth of these digital coins and what may lie ahead. Celestia Price Update: Bullish Week Amid Half-Year Slump TIA past month gains of 22.66% and weekly jumps of 22.86% contrast with a six-month drop of 43.96%. Price action has shown rapid short-term strength despite significant long-term backsliding. Recent surges hint at renewed momentum even as the coin weathers a broader downturn. Mixed performance highlights a recovery effort that remains challenged by extended losses. Current trading occurs between $2.15 and $3.23, with bulls testing a resistance at $3.77 and a support near $1.61. Despite minor upward energy indicated by oscillators, no clear trend emerges. Trading strategies could include targeting support areas for entry while remaining watchful for decisive moves above resistance. Polkadot Surge and Setback: A Mixed Timeline of Rally and Consolidation Last month DOT recorded a strong rally with a 40% boost and a notable weekly gain of 23%. The six-month period, however, closed with a modest decline of 3%. Price history shows robust bursts and brief pullbacks, highlighting reactive market behavior and significant shifts over different time frames. Current prices fluctuate between $3.41 and $4.54, facing immediate resistance at $5.03 and support at $2.77. Additional resistance is seen near $6.16 and support around $1.64. Indicators like an RSI of 74 and momentum reading suggest short-term bullish energy with some near-term caution, creating opportunities for trades to capture potential upward moves or temporary pullbacks within these levels. Conclusion The recent surge in TIA and DOT hints at strong market interest. Both coins have shown significant growth alongside Bitcoin. This upward trend suggests sustained investor confidence. If the broader crypto market remains positive, TIA and DOT could continue to see gains. However, market conditions are always fluid, so it is essential to stay updated on developments. For now, the rally seems promising, with potential for further momentum in the coming weeks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
After a somewhat sluggish start to 2025, the Bitcoin price has begun to impress in the year’s second quarter. The premier cryptocurrency reclaimed the $100,000 mark earlier this week and seems to be making a play for its all-time high price at $108,786 over this weekend. The price of BTC appears to have flipped the switch in the market, with investors feeling that the world’s largest crypto market is back to where it was at the end of 2024. According to a popular crypto expert, the sell-side pressure experienced in the first few months of the year is all part of a broader price breakout. Is BTC Following This Cup And Handle Pattern? In a May 9 post on X, chartered market technician (CMT) Aksel Kibar shared an interesting update on his recent Bitcoin price analysis. The market expert revealed, in a late November 2024 post on the social media platform, a long-term breakout signal for the BTC price. Related Reading: Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels Following the election victory of Donald Trump as United States President, the Bitcoin and crypto markets witnessed a significant amount of bullish momentum. Kibar highlighted that BTC, as a result of the post-election rally, was breaking above a significant price level on a large (monthly) timeframe. As shown in the chart above, the Bitcoin price broke above its “minor high” around the former all-time high of $73,737 in November. Based on historical patterns, Kibar highlighted in his chart that the flagship cryptocurrency goes on a parabolic run whenever it surpasses the minor high in the cycle. Interestingly, this November 2024 breakout has formed a cup and handle pattern, a technical analysis pattern that resembles a cup in the shape of the letter “u,” and the handle has a slight downward drift. The cup and handle is considered a bullish pattern, which signals the continuation of an upward trend. In this particular iteration of this pattern, the price of BTC continued to rally after breaking the $73.737 till it reached a six-figure valuation. However, the Bitcoin price witnessed a severe correction to around $74,000 after reaching its current all-time high in January. However, it appears that Bitcoin only witnessed a minor pullback to the “minor high” before resuming its primary upward trend. In this scenario, Kibar put the cup and handle target for the market leader at around $137,000, which represents an over 33% rally from the current price point. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $103,071, reflecting a nearly 1% increase in the past 24 hours. According to data from CoinGecko, the market leader is up by more than 6% on the weekly timeframe. Related Reading: Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows Featured image from iStock, chart from TradingView
Unichain, the Ethereum Layer 2 (L2) network developed by decentralized exchange (DEX) Uniswap, is commanding the lion’s share of Uniswap v4 volumes, driven by an ongoing incentives campaign and its new Rollup-Boost upgrade. Uniswap v4 , launched in January, is the latest iteration of the DEX, and Unichain has accounted for a majority of the protocol’s activity for the last month. Yesterday, May 9, more than 76% of Uniswap V4’s total volume occurred on Unichain, compared to 15.5% on Ethereum. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
David Schwartz , Ripple’s Chief Technology Officer (CTO), has provided insights into what is possible with zero-knowledge (ZK) proofs. According to Schwartz, cryptographic advancements can trigger significant shifts in the blockchain space. Users Revisit Ripple CTO’s Vision for Private Ledger Integration In what could be considered a journey back in time, the Ripple CTO proposed a system in 2019 in which private ledgers utilize XRP for low-cost transactions. The reference to Schwartz’s 2019 post occurred after a user on X asserted that it was practically impossible to integrate private ledgers into XRPL functionality. Another user on the social media platform responded to Schwartz’s post. According to Schwartz, private ledgers can be bridged to the public XRP Ledger as required to address scalability issues. This could also tackle concerns that border on cost for institutional users. The idea is to significantly reduce transaction fees while retaining the ability of the private ledger to interact with the public ledger. This will make for broader liquidity in the space. ZK Proofs Could Bridge Public and Private Blockchain Worlds Interestingly, Schwartz joined the revived conversation and clarified how ZK proofs could make this a reality. He noted that ZK proof could make the vision more practical and secure. According to him, it is possible to mirror the security and decentralization that is obtainable of Layer-1 chains. While acknowledging that the use case is yet to be realized, Schwartz expressed optimism that it might happen someday with ZK proofs. For perspective, ZK proof protocols allow a user to authenticate the actuality of a statement without disclosing more details than necessary. That is, they preserve the anonymity that blockchain transactions provide. Schwartz suggests that, in the future, ZK proofs might close the gap between public chains and private transaction systems. Buenos Aires Highlight ZK Proof Potential In the broader society, Buenos Aires, Argentina’s capital, launched QuarkID in the last quarter of 2024. The project, a digital identity service that utilizes ZK proof, enhances the privacy and security of the city’s 3.6 million residents. The development enables residents to verify essential documents without revealing other personal details. QuarkID allows users to upload as many as 60 papers without the government or any third party accessing them. The post Ripple CTO Teases Game-Changing Move with ZK Proofs appeared first on TheCoinrise.com .
As top digital assets continue to consolidate, sharp-eyed investors are turning their focus to underexposed altcoins poised for breakout potential. Among these, MAGACOINFINANCE , still trading beneath $0.07 , is beginning to attract a wave of early buyers betting on a steep upside in 2025 . The Sub-$0.07 Zone: A Familiar Signal to Smart Investors The current sub-$0.07 valuation places MAGACOINFINANCE in the kind of territory seasoned traders associate with breakout stages. Historical moves from tokens like DOGE , SHIB , and early microcaps showed this price bracket as a sweet spot before public surge phases. For those experienced in market cycles, now represents a rare entry moment — before listings elevate visibility and pricing structures shift in favor of late adopters. CLICK HERE – TIME IS RUNNING OUT Growth Forecasts Suggest 34x–35x ROI Potential Analyst modeling around MAGACOINFINANCE continues to raise eyebrows. Based on current metrics, forecasts point toward a potential 34x–35x upside by the close of 2025. ROI Range: 3400%–3500% potential Expected Multiple: 34x based on listing projections Target Growth: Over +3000% upside Estimated Peak: Up to 3250% return factoring bonus participation This puts MAGACOINFINANCE in rare company: not yet a meme token, but sitting on the edge of a breakout scenario, backed by structure and strategy. Why Traders Are Taking Notice Momentum is not random—it’s being driven by fundamentals. Here’s what’s helping MAGACOINFINANCE stand out: No centralized exchange listings yet — protecting early-stage pricing Designed for scarcity — tokenomics optimized for long-term valuation Fully community-led — no VC control diluting early holders Milestone-driven roadmap — already hitting key credibility markers These elements combine to form a picture that’s very different from the average altcoin. Investors chasing structure, not noise, are beginning to pile in. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Still Early — But Acceleration Is Underway Heading into mid-May 2025, the window for early exposure to MAGACOINFINANCE is still open. But with interest surging and indicators pointing to a listing phase approaching, sub-$0.07 entry may be short-lived. For traders aiming to position before broader adoption kicks in, this may be the moment that defines their portfolio by year-end. To learn more about MAGACOINFINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: With a Price Still Under $0.07, MAGACOINFINANCE Is Gaining Traction as 2025 Picks Up
Is the Bitcoin bull run nearly over? Will crypto ever become simple enough for normies? Idle chatter at Token2049 revealed plenty about the current state of the space.
Today in crypto, Bitcoin SV (BSV) investors attempt to rekindle 2019 Binance lawsuit, Robert Kiyosaki has urged his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold and silver, and BlackRock’s spot Bitcoin ETF posts 19-day inflow streak. Bitcoin Satoshi's Vision investors attempt to rekindle lawsuit against Binance A group of Bitcoin Satoshi's Vision ( BSV ) investors is attempting to rekindle a 2019 lawsuit against Binance , alleging that the crypto exchange caused price damage to the altcoin by delisting BSV in 2019. Attorneys for the plaintiffs argued that a previous ruling from the United Kingdom Competition Appeal Tribunal, throwing out the claims of undue damage from the delisting, should be examined again, according to legal outlet Law360 . BSV has experienced a long-term price decline since 2021. Source: TradingView If successful, the litigants could demand up to 10 billion British pounds (GBP), or roughly $13 billion, in damages from the exchange. BSV continues to suffer from a multitude of issues, including a long-term price decline, several 51% attacks that compromised the blockchain network's security, and criticism from the crypto community. Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad , is once again sounding the alarm on the dangers of centralized monetary policy, urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin , gold, and silver. In a May 10 post on X, Kiyosaki backed a hardline stance against central banking systems, particularly the Federal Reserve, while quoting former US Congressman Ron Paul. Ron Paul, a longtime critic of the Fed and author of End the Fed , described interest rate setting by central banks as “price fixing,” equating it to socialist and Marxist economic control. Paul warned that such mechanisms erode personal wealth and undermine economic freedom — a sentiment that aligns closely with Kiyosaki’s long-held concerns. “Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in everyday life,” Kiyosaki wrote. He called on Americans to “fight back” by opting out of fiat systems and instead embracing decentralized stores of value like Bitcoin (BTC) and precious metals. Source: Robert Kiyosaki BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025 BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year. IBIT’s inflow streak has been ongoing since April 14, and has coincided with a volatile Bitcoin market, with the asset trading between $83,152 and $103,000 over the period. However, market sentiment has been increasing after the asset reclaimed and held above the $90,000 price on April 23 before reclaiming the $100,000 price on May 8 for the first time since Feb. 1 . Over the past trading week alone, IBIT posted $1.03 billion in inflows, according to Farside data. Prior to the current 19-day streak, IBIT’s longest inflow streak in 2025 was a nine-day stretch surrounding US President Donald Trump’s inauguration on Jan. 20, spanning from Jan. 15 to Jan. 28.
Senate Democrats blocked the bipartisan GENIUS Act, aimed at regulating stablecoins, in a close 49-48 vote. The decision was influenced by concerns over President Donald Trump's potential to profit from his cryptocurrency ventures, including his meme coin which generated over $320 million in fees, and the stablecoin USD1 issued by Trump-affiliated World Liberty Financial, used in a $2 billion investment by an Abu Dhabi fund in Binance. The bill, which had previously received some Democratic support, failed to advance due to last-minute opposition from Democrats who demanded stronger protections against money laundering and foreign issuers. They also sought to prevent elected officials and their families from engaging in stablecoin business ventures. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io