Whales accumulate $3.5M SUNDOG as price nears breakout above key resistance.
After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)’s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets Related Reading: Ethereum Jumps To $2,000 Amid Market Surge – Analyst Says This Resistance Is Next Stellar Breakout Targets $0.39 Amid the market pump, Stellar has broken out of a key demand zone and retested the $0.30 mark for the first time since March. The cryptocurrency has been in a downtrend since its November 2024 breakout, when it reached a three-year high of $0.63. During this year’s retraces, XLM dropped 68% from the highs to a five-month low of $0.20. However, the late-April market recovery saw the cryptocurrency surge above the downtrend and attempt to confirm the breakout after recording a weekly close above the $0.28 mark. On Friday, Stellar has reclaimed the $0.29 resistance and retested the $0.30 mark for the first time in nearly two months. Following today’s performance, Ali Martinez pointed out that Stellar is breaking out of a two-month inverse head and Shoulder pattern. This pattern is a bullish reversal setup that suggests a potential shift from a downtrend to an uptrend. Earlier this week, the analyst pointed out that the pattern’s right shoulder was forming and the neckline sat around the $0.29 mark. According to his post, a breakout from this formation potentially eyed a 30% rally toward the $0.39 resistance, lost during the February retraces. XLM To Repeat Historical Tendencies? Analyst Rekt Capital highlighted that the cryptocurrency confirmed the end of its multi-month downtrend and a breakout from its Downtrending Channel. Per the post, if XLM weekly closes above its key area, between $0.27-$0.29, any dips into this zone would figure as a successful reclaim of the area as support to support a move to higher regions. The analyst explained that reclaiming the $0.27-$0.29 area is crucial because it is a “historical demand region on the monthly timeframe.” In the past, turning this zone into support during bull markets has enabled Stellar to rally toward the $0.37-$0.40 mark. In 2021, the cryptocurrency rallied toward its cycle high of $0.80 after retesting the key demand zone and breaking out of the $0.37 barrier. Similarly, it hit its all-time high (ATH) of $0.87 after a breakout from this area. Related Reading: Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9 If XLM repeats history and rallies to the next resistance, it must reclaim and confirm that level to continue with its historical tendencies. “As such, a reclaim could see XLM challenge the $0.52 blue highs over time,” Rekt Capital concluded. Meanwhile, analyst CW has noted that after breaking the upper line of the downtrend channel, Stellar would encounter resistance in two selling walls, one between the $0.34-$0.38 levels, and a big one around the $0.47-$0.70 zone. As of this writing, Stellar trades at $0.296, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The post Ripple News: XRP’s Role in Blockchain Interoperability appeared first on Coinpedia Fintech News As Cosmos, Polkadot, and Chainlink push for blockchain connections, XRP’s spotlight is now shining brighter . Interoperability has become a key trend for crypto mass adoption, and blockchains must communicate to avoid obsolescence. While XRP has been known for its speed and financial focus, it’s now positioning itself as a major player in the multichain ecosystem. CAN XRP WIN THE INTEROPERABILITY WAR? Cosmos, Polkadot, and Chainlink are racing to connect blockchains… But XRP may have a secret weapon—and it's not what you think. Let’s unpack the truth. — All Things XRP (@XRP_investing) May 10, 2025 XRP’s Strength in the Real World XRP isn’t just fast and cost-effective. It has already integrated into over 200 financial institutions through RippleNet, with transaction speeds of 3-5 seconds and costs of a fraction of a cent. Ripple’s established trust with major banks such as Santander, Bank of America, and American Express is a notable advantage. Beyond banking, XRP is expanding its use, with projects like Colle AI leveraging it for cross-blockchain NFT functionality. Moving from Finance to Interoperability XRP is stepping into the multichain realm, now integrated with Cosmos through IBC and developing an EVM-compatible sidechain. These strides position XRP to act as a bridge, interacting with DeFi ecosystems that were previously out of its reach. The future of XRP is not just about banking but expanding into a multichain environment. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Rally Raises Questions About Market Integrity , XRP Faces Challenges Despite its solid infrastructure and regulatory progress, XRP faces key hurdles. Ripple Labs controls over 50% of XRP’s token supply, raising concerns of centralization. Its DeFi presence remains in its early stages, and compared to Polkadot or Cosmos, XRP’s smart contract functionality is still lacking. The Path to Victory XRP’s potential for dominance in interoperability doesn’t hinge on hype but infrastructure. While others build the technology for blockchain communication, XRP is already entrenched in real-world finance. 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Yes, Ripple settled with the SEC, marking a major legal win and clearing regulatory hurdles for XRP adoption. How fast are XRP transactions? XRP transactions settle in 3–5 seconds and cost just fractions of a cent, making it one of the fastest blockchains for payments. Is XRP used by banks? Yes, XRP is integrated with over 200 financial institutions including Bank of America, Santander, and American Express via RippleNet. What is XRP’s role in decentralized finance (DeFi)? XRP is expanding into DeFi through EVM sidechains, aiming to support smart contracts and multichain applications like cross-chain NFTs.
According to COINOTAG on May 10th, recent data from CoinGecko reveals that Upbit has achieved an impressive trading volume of $3.875 billion within the last 24 hours. Notably, the XRP/KRW
Bitcoin managed to reclaim $100,000 for the first time since February this week as economic tensions in the US eased. The broader crypto market responded in kind, with total market capitalisation rising over 8% to approximately $3.37 trillion by Friday. Sentiment indicators reflected the rally, as the Crypto Fear and Greed Index climbed from 67 to 73, reinforcing its position within the “greed” zone. Gains were stronger across the altcoin markets, with most of the top 99 closing the week in the green, and several notching double-digit gains. Why is Bitcoin going up? As of late Asian trading hours on Friday, Bitcoin was up over 6% on the week, with most major crypto assets also spiking. The late week surge followed reports of renewed US-China trade talks and rising geopolitical tensions between India and Pakistan, two catalysts that injected fresh volatility into global risk markets. US Treasury Secretary Scott Bessent confirmed plans to meet with China’s Ministry of Commerce in Switzerland to discuss trade barriers. The announcement was met with a constructive response from Beijing, fuelling optimism across risk markets and helping lift sentiment in the crypto sector. Adding to the bullish backdrop, a new US-UK trade dea l announced on May 8 further lifted sentiment. Meanwhile, the Federal Reserve held interest rates steady, with Fed Chair Jerome Powell warning that inflation risks remain elevated. However, the absence of unexpected tightening gave traders some reassurance, no rate cuts, but no unwelcome surprises either. That clarity, combined with a shift back toward risk appetite and fresh institutional inflows, helped propel Bitcoin higher. Institutional activity played a key role in sustaining the momentum. Data from Farside Investors shows that spot Bitcoin ETFs recorded cumulative net inflows of $142.3 million on May 7 alone. Inflows remained strong on May 8, with Bitcoin ETFs attracting another $117 million, led by BlackRock’s IBIT at $69 million. Bitcoin price outlook With Bitcoin seemingly stablising over the $100k mark, analysts were seen setting ambitious targets for the benchmark cryptocurrency. When writing, Bitcoin was trading roughly 5% below its all-time high of around $109K hit in late January this year, though several analysts believed a fresh all-time high may be due. In the near term, traders like AlphaBTC are eyeing a move toward $106,000. He pointed to Bitcoin’s breakout from an ascending parallel channel, with Fibonacci retracement levels lining up neatly with support zones. “It makes me think BTC has another leg to 106K+ before it corrects,” he said, noting the strength of the current trend. Others, like market analyst Skew, believe the recent rally was driven more by headlines than fundamentals, particularly news about US-UK trade agreements and speculation involving President Trump’s tariff strategies. That, he says, makes it a “crucial trading day,” where volume and passive flows will determine whether Bitcoin can hold ground above six figures or fall back under pressure. For now, the technicals are still supportive. BTC/USD recently cleared a key Fibonacci level at 1.618 and is now trading near a major volume-area high (VAH), according to analyst Patric H. BTC/USD perpetual futures 1-day chart. Source: Patric H. A sustained push from here could remove the final resistance before new all-time highs. Backing that theory, Bitcoin liquidation data on CoinGlass shows sellers are starting to thin out above $103K, which could give Bitcoin the space it needs for a clean breakout. Zooming out, some analysts are already looking far beyond the $100K zone. Pseudonymous analyst Egrag Crypto has placed a long-term target around $170,000 if BTC can pull off a clean break and close above $109K. However, anything short of that, he warns, could be just another bull trap. Joining Egrag was Binance founder Changpeng Zhao, who speculated a cycle top of a whopping between $500,000 and $1 million driven by institutional flows, government-level accumulation, and what he calls a “pro-crypto US administration.” Altcoin market recap The altcoin market rallied nearly 15% over the past week, climbing to $1.28 trillion by Friday. While renewed risk appetite played a big role, growing speculation around the start of altseason added fuel to the surge. Bitcoin dominance has been steadily rising, and some analysts are watching it closely for a potential shift. Historically, the 71% dominance level tends to mark the point where Bitcoin starts consolidating, giving altcoins room to run. Right now, BTC dominance sits around 64%, setting the stage for what could be a key retest, as noted by Rekt Capital. With altcoins making a strong comeback, the Altcoin Season Index jumped from 18 last week to 37, an early sign that risk appetite is returning to the market. The top performers were: Pepe Pepe (PEPE) jumped 41.3% over the past week and was trading at $0.00012 at the time of writing. This rally pushed its market cap up to $5.24 billion, its highest level since February. Source: CoinMarketCap Most of the gains came after Elon Musk shared a picture of Pepe the Frog and the Pepe memecoin mascot dressed in American-themed armor, sparking fresh excitement among investors. Musk has a history of moving markets with his tweets, especially with meme coins like Dogecoin (DOGE) and Pepe. PEPE also got a boost after forming a “double-bottom” pattern on the charts, a bullish signal in technical analysis that could mean more gains ahead in the coming weeks. Pyth Network Over the past 7 days, Pyth Network (PYTH) shot up 33% to around $0.20 at the time of writing, pushing its market cap to over $730 million. Daily trading volume also surged, jumping nearly 600% as of May 9 to hover above $225 million. Source: CoinMarketCap Most of these gains came after Jupiter Exchange announced it had integrated Pyth’s Express Relay into Juno, its new liquidity system. This integration allows traders to get the best possible price by tapping into Pyth’s real-time data feeds. Further investor hype also seems to be driven by the possibility that Pyth will reward its community members who qualified for the April Kaito leaderboard, potentially through a PYTH token airdrop by the end of this week. Pudgy Penguins Pudgy Penguins (PENGU) jumped 21% over the past week, with its market cap climbing past $4.9 billion at the time of writing. Daily trading volume also got a boost, rising 36% as about $540 million worth of tokens changed hands between traders. Source: CoinMarketCap The main catalyst that fueled the majority of its gains was its listing on Upbit, a top crypto exchange in South Korea, which added PENGU to its spot trading platform. On top of that, Pudgy Penguins’ NFT sales have been soaring lately. Data from Crypto Slam shows sales spiked 140% in the past 24 hours, pulling in $680,000 and making Pudgy Penguins the 7th most popular NFT collection in the world. The post Bitcoin reclaims $100K as analysts eye new ATH; PEPE, PYTH leads weekly profits appeared first on Invezz
In a recent development, the U.S. Securities and Exchange Commission and Ripple Labs Inc. filed a joint letter with Judge Analisa Torres in the Southern District of New York, formally requesting an indicative ruling that would dissolve the injunction imposed on Ripple and release the funds held in escrow related to the civil penalty. The filing asks Judge Torres to make two determinations: first, to dissolve the injunction previously included in the Final Judgment entered against Ripple; and second, to approve the distribution of the $125,035,150 civil penalty, with $50 million paid to the SEC and the remainder returned to Ripple. According to the letter, if the Court grants this indicative ruling, the parties will move the U.S. Court of Appeals for the Second Circuit to remand the case to the district court to grant the relief. Fred Rispoli’s Notable Observation Legal analyst and defense attorney James K. Filan alerted the public to the development through a tweet, stating : “BREAKING: The @SECGov has filed the Settlement Agreement Letter.” In response, crypto lawyer Fred Rispoli pointedly noted the absence of Jorge G. Tenreiro, Chief Litigation Counsel at the SEC, from the settlement agreement. Rispoli tweeted: “You know what’s so great about this? On the Settlement Agreement attached (Ex. A), ZERO APPEARANCE by a certain Mr. Tenreiro. In all fairness to him, though, he has been dealing with a massive temperature regulation problem in the IT room. You can’t just walk away from that.” You know what's so great about this? On the Settlement Agreement attached (Ex. A), ZERO APPEARANCE by a certain Mr. Tenreiro. In all fairness to him though, he has been dealing with a massive temperature regulation problem in the IT room. You can't just walk away from that. — Fred Rispoli (@freddyriz) May 8, 2025 We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Rispoli’s comment, which includes a sarcastic reference to an IT-related distraction, highlights Tenreiro’s absence from the SEC’s latest filing. Tenreiro played a central role throughout much of the SEC’s litigation against Ripple and its executives, particularly in earlier phases of the case concerning XRP’s legal classification and related enforcement actions. His name not appearing on the settlement documents suggests a reduced role in the final negotiations or a broader shift in the SEC’s internal handling of crypto asset litigation. Case History and Appeal Timeline The joint letter also recounts the procedural background leading up to this request. After the August 2024 Final Judgment imposed a $125 million penalty on Ripple and included an injunction related to violations of the Securities Act of 1933, the Court later stayed enforcement of the monetary penalty in September 2024. Ripple was ordered to deposit the penalty into an interest-bearing account pending appeal. The appeals remain active in the Second Circuit under cases Nos. 24-2648 and 24-2705(XAP), with the SEC and Ripple having filed respective notices of appeal and cross-appeal in October 2024. Proposed Resolution and Next Steps According to the settlement terms described in the May 8 filing, $50 million would be paid to the SEC in satisfaction of the penalty, and the rest returned to Ripple. This agreement effectively resolves the monetary penalty dispute contingent upon the Court’s approval. The final disposition of the matter now depends on whether Judge Torres will issue the indicative ruling the parties seek. The case has been closely monitored due to its implications for digital asset regulation and enforcement in the United States. Rispoli’s comment, while humorous, underscores attention on personnel developments at the SEC as the agency appears to move toward concluding one of the most significant enforcement actions in the crypto sector to date. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Case: Legal Expert Reveals “What’s So Great” About SEC-Ripple Settlement Agreement appeared first on Times Tabloid .
The Bitcoin price today stands at approximately $103,600 after an impressive rally over the past 48 hours. After breaking from a multi-week consolidation range, Bitcoin price spikes pushed it well above the $100,000 psychological mark, gaining bullish traction after breaking out from a descending triangle near the $96,000 zone on May 7. The rapid advance has now placed BTC within striking distance of upper resistance, and traders are closely watching Bitcoin price action for clues on whether this move can sustain. What’s Happening With Bitcoin’s Price? BTCUSD price dynamics (Source: TradingView) Bitcoin’s 4-hour chart reveals a strong bullish structure. The breakout candle sliced through key resistance zones at $98,000 and $100,000. Bitcoin support is now between $96,000 and $98,000, an area of previous consolidation and breakout activity. Momentum indicators such as the RSI (30-min chart) now hover around 61, still below overbought territory, which suggests some upside room remains before saturation. Meanwhile, MACD is attempting another bullish crossover, showing rising histogram strength. Bitcoin Price Action Signals Consolidation Ahead? BTCUSD… The post Bitcoin Price Prediction for May 11: Can Bulls Sustain the Push Beyond $103K? appeared first on Coin Edition .
Developers made a remarkable statement for TRUMP, the official memecoin launched by US President Donald Trump. According to the announcement made by the developers, a new era for the token will begin on May 22, at a dinner attended by TRUMP's largest owners and Donald Trump. The details of the new term, stated in the statement, “TRUMP’s new term will be announced in Washington DC on May 22, which is Dinner Day,” are not yet known. While Trump attracted attention with this cryptocurrency, which he started promoting just a few days before his inauguration, it came to the agenda again with an announcement made in the past weeks. Accordingly, the top 200 holders of the TRUMP token will be invited to a special dinner to be held at his golf club in Virginia on May 22. In addition, the top 25 investors will also receive an invitation to a special reception and “VIP” tour to be held before this event. Related News: This Altcoin Founder Reacts to Ethereum's Growing Popularity: “Our Update Was Five Times Bigger Than Pectra's” But a new analysis by Bloomberg News has raised some ethical and legal questions about these invitees. According to the analysis, only six of the top 25 investors registered on the website’s leaderboard traded outside of exchanges that do not accept users outside the US. The remaining 19 investors appear to have used foreign crypto exchanges that have stated that they do not provide services to US citizens. More broadly, at least 56% of the top 220 investors have similarly traded on foreign exchanges. This suggests that a significant portion of investors may be outside the U.S. While some Democratic members of Congress have questioned the ethics of providing physical access to the President through a memecoin, how participants will be monitored and their identities verified has also become a separate topic of discussion along with this analysis. Those who are eligible to participate in the event are identified only by their 3-4 letter usernames, creating a lack of transparency in terms of identification. *This is not investment advice. Continue Reading: Critical Date Set for TRUMP Memecoin: Developers Announce “A New Era Begins on This Date”
The city of Belo Horizonte has turned into a bitcoin capital after lawmakers passed a new bill that seeks to transform it into an innovation hub for crypto and bitcoin companies. The bill, which was passed on Wednesday amid a heated argument between lawmakers, establishes incentives for businesses to accept bitcoin as payment, offering to
In a market constantly flooded with noise, it’s becoming harder to spot real opportunities before they take off. But one DeFi project is quietly building momentum while still flying under the radar — and that project is Mutuum Finance (MUTM). Currently priced at just $0.025 during its fourth presale phase, it’s beginning to draw the attention of serious crypto investors looking for long-term upside. With over 65% of the current phase completed, investors are now moving quickly to secure positions. The next price increase to $0.03 is just around the corner, and with a confirmed launch price of $0.06, those entering now are effectively locking in early gains before exchange listings begin. But pricing alone isn’t what’s making MUTM stand out. Mutuum Finance (MUTM) Mutuum Finance isn’t offering empty promises. It’s built around a straightforward goal: unlocking liquidity from crypto assets without forcing users to sell. Through the protocol, users can deposit major tokens like Ethereum or Bitcoin into smart contracts, and in return, they receive mtTokens — digital representations that not only mirror the original deposit but also earn yield over time. These mtTokens maintain a live value that adjusts as interest accumulates, giving users passive income just for participating. The protocol’s interest rates aren’t fixed — they shift with demand. When capital is being borrowed actively, APYs rise. For example, a user depositing $5,000 worth of ETH at an 11% APY could earn around $550 in a year — and this rate can move higher depending on pool usage. Borrowing Without Liquidation The borrowing side of Mutuum is equally appealing. Users can unlock liquidity without having to part with their existing assets. Instead, they can lock them as collateral and borrow stablecoins directly. This means someone holding $10,000 in ETH, MATIC, or ADA can borrow funds while still benefiting from any future price appreciation. It’s a model that works for both short-term needs and long-term strategies — especially in a market where flexibility is crucial. MUTM isn’t just a concept on paper. The developers have scheduled a beta release of the platform to coincide with the token’s official launch, ensuring users can start exploring its core features right from day one. That means real functionality from day one — something that very few presale tokens can offer. The momentum is also measurable. With more than $7.7 million already raised and thousands of holders on board, the community is growing, and early supporters are positioning themselves before the broader market wakes up. What’s more, the protocol is undergoing a full audit by CertiK, ensuring that the smart contracts are secure and ready to handle real transactions. This step reinforces trust and helps draw in more cautious, long-term-minded participants. While the 140% gain between $0.025 and the $0.06 launch price is already impressive, analysts believe that’s just the beginning. When MUTM reaches even $0.30 in the first few months post-launch — a price target that many believe is well within reach — that would represent a 1,200% increase from current levels. The upside is even more dramatic in the long term. With the protocol’s real use case, smart yield generation, and growing community, it’s not unrealistic to project the token surpassing the $1 mark. At that level, someone who invests $5,000 today would be sitting on a portfolio worth $200,000 — a 40x return based on timing and fundamentals. Mutuum Finance is starting to check the right boxes for those who are looking beyond the usual top 10 cryptocurrencies. It offers a combination of active use, passive income, smart tokenomics, and transparency — all at a price point that still looks early. With the next presale phase just ahead, the opportunity to get in before broader exposure increases is limited. For investors asking what crypto to buy now with a long-term view in mind, MUTM is quickly becoming one of the most talked-about low-cap options in serious portfolios. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance