COINOTAG reported on May 6th that a notable shift in economic forecasts is emerging among major US banks. Goldman Sachs has taken a leadership role by revising its projection for
Bitcoin’s recent price movements raise questions about the underlying market dynamics as active addresses show high volumes but struggle to sustain momentum. Bitcoin’s active addresses hit a six-month high, suggesting
According to a report from CoinDesk dated May 6th, **Bernstein**, a prominent Wall Street firm, projects that by the close of 2029, global corporate treasuries are poised to increase their
Crypto has always been about pushing limits. Bitcoin redefined digital assets as a global store of value. XRP reshaped international payments. Solana became the benchmark for fast, efficient decentralized applications. Now, MAGACOINFINANCE is entering the frame with early momentum and rising credibility. With shifting market dynamics, these four projects are not just chasing recovery—they’re setting the stage to break past their all-time highs. And investors tuned into early momentum are already paying attention. MAGACOINFINANCE Is Showing the Traits of a Future Leader While many new tokens enter the market, few manage to gain meaningful early traction. MAGACOINFINANCE is proving to be an exception. Rapid wallet growth, increased community engagement, and disciplined rollout strategies are already visible. The project’s leadership is actively engaging, and investor interest is rising steadily—quietly but significantly. This is a token being built with purpose. No gimmicks. No overhype. Just structured growth and strategic delivery. For those who recognize early-stage patterns, MAGACOINFINANCE is looking more like a contender than a question mark. Supporting Momentum: Tron, Sei, and the New Builders Tron continues to dominate in volume-based on-chain activity, particularly across markets demanding low fees and high-speed settlement. Sei is gaining developer attention for its speed-oriented infrastructure—tailored specifically for high-frequency trading applications. These are strong ecosystem players—but their early growth phase has already passed. MAGACOINFINANCE , on the other hand, is just getting started—where real upside often lies. Final Word Can XRP , Bitcoin , Solana , and MAGACOINFINANCE.COM set new highs in the next cycle? Momentum is aligning, sentiment is improving, and early entries are becoming harder to find. Of them all, MAGACOINFINANCE may be the one still hidden in plain sight—quietly preparing to lead the next wave. To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Ethereum, Solana, and MAGACOIN FINANCE: 3 Coins Analysts Say Could Lead a Q2 Crypto Comeback
The U.S. Treasury assesses strategic Bitcoin reserves, prompting market shifts. Continue Reading: White House Commands Financial Markets to Brace for Bitcoin Shift The post White House Commands Financial Markets to Brace for Bitcoin Shift appeared first on COINTURK NEWS .
Bitcoin’s surge: Speculative FOMO or true market demand?
According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades well below recent highs. Ethereum Holders Are Staying Put Despite Unrealized Loss Since reaching its cycle high of $4,107 in December 2024, ETH has experienced a sharp pullback of over 50%, currently trading around the $1,800 mark. Despite this steep correction, long-term ETH holders – particularly those behind accumulation addresses – have not been deterred. Instead of exiting their positions, they continue to hold firm. Related Reading: Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights Interestingly, since March 10, on-chain data reveals that many of these accumulation addresses have entered unrealized loss territory. For context, ETH fell to a local low of $1,866 while its Realized Price stood at $2,026. For the uninitiated, an accumulation address is a crypto wallet that steadily receives and holds a particular asset – like Ethereum – without sending it out. These addresses are typically long-term holders, ones who have held ETH for more than 155 days. When accumulation addresses continue to acquire assets in the face of declining prices, it often signals that investors expect a bullish reversal in the near future. These wallets essentially represent “strong hands” in the market. Similarly, Realized Price is the average price at which all coins in a cryptocurrency network were last moved, calculated by dividing the total realized market cap by the circulating supply. It reflects the aggregate cost basis of holders and is often used to assess whether the market is in profit or loss. Since March 10, the Realized Price for these addresses has dropped by 2.32%, from $2,026 to $1,980 as of May 3. Yet, rather than scaling back, these addresses have increased their ETH holdings significantly. Aleman adds: Despite the continued downtrend, and even while in unrealized losses, accumulating addresses have not abandoned their strategy. Instead, they increased their ETH exposure: on March 10 they held 15.5356M ETH, and by May 3 this rose to 19.0378M ETH, a 22.54% increase, as seen in the ETH Cohort analysis and Balance on Accumulation Addresses. Has ETH Hit Market Bottom? While some analysts warn that ETH could fall further – possibly to as low as $1,200 – others believe that the second-largest cryptocurrency by market cap may have already bottomed out for this cycle. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Adding to the optimism, ETH recently formed a golden cross on the daily chart, a bullish technical signal that typically precedes upward momentum. As press time, ETH is trading at $1,801, down 1.4% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant and TradingView.com
On May 6th, COINOTAG reported a notable shift in the cryptocurrency landscape, with Bitcoin’s **market dominance** (BTC.D) climbing to **64.86%**. This spike briefly eclipsed the **65%** threshold, marking its highest
OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.
The post XRP News: Ripple Blamed for XRP Price Stagnation, but Legal Expert Calls It a Myth appeared first on Coinpedia Fintech News A recent post on social media has stirred up fresh debate in the crypto community, raising the question: Is XRP’s price being suppressed beyond the SEC lawsuit? The post quickly went viral, with some calling it unnecessary fear-mongering and others suggesting it hints at possible market manipulation. What Was Said? The post argued that Ripple’s monthly XRP sales, unusual network patterns, and historic price movements — particularly during XRP’s famous 2017 rally — hinted at possible price suppression. It even cited a study that found a negative connection between XRP’s transaction network and its price performance. Naturally, this raised plenty of questions within the crypto community. Expert Clears The Air However, attorney and XRP supporter Bill Morgan explained that the post made several exaggerated claims. For starters, he clarified that Ripple doesn’t own 43% of XRP’s supply, as the post suggested. According to CoinMarketCap data, around 58.5% of XRP is in circulation, excluding what Ripple holds in escrow. Morgan also said that Ripple’s monthly sales from escrow make up just a small fraction of the total market volume and have no impact on price. In fact, evidence presented in the SEC lawsuit revealed that Ripple took measures to support XRP’s price, such as locking up large amounts of tokens in escrow to reduce market pressure. This post in the thread is over generalised to begin with. Firstly, Ripple does not own 43% of supply. even @CoinMarketCap publishes that the circulating supply (excluding what ripple holes outside escrow) is 58.5%. Secondly, what Ripple releases from escrow and sells each month… https://t.co/XnTBuHaZJ7 — bill morgan (@Belisarius2020) May 5, 2025 He added that the SEC spent over 18 months investigating Ripple before filing the lawsuit, and if any proof of price manipulation existed, it would have been used in court. This, he argued, makes the suppression claims hard to believe. Further clarifying the situation, Morgan said that XRP’s price has historically followed the crypto market, moving in line with Bitcoin and Ethereum. This trend has remained consistent for the past four years, and little has changed to challenge that pattern.