The post XRP Soared 126% After Garlinghouse-Trump Rumors, Will Larsen’s SEC Meeting Do the Same on May 2? appeared first on Coinpedia Fintech News XRP made headlines in November 2024 when rumors spread about a possible meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump. This speculation sent XRP soaring past $1 for the first time since November 2021. Even though Garlinghouse officially met with Trump in January 2025, the excitement had already done its job. Between November 26 and December 3, XRP jumped a massive 126%, climbing from $1.28 to $2.91. Another High-Profile Meeting on the Way Now, there are speculations that Ripple’s Executive Chairman and co-founder Chris Larsen is set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025. This upcoming meeting has caught the market’s attention, with many hoping it could bring positive news for XRP. Investors are wondering — will this be the catalyst XRP needs to continue its rally, or will it fall short again? XRP Testing a Crucial Price Level At the same time, traders are watching XRP’s chart closely as May kicks off. According to popular market analyst Casitrades, XRP is struggling to stay above an important resistance level at $2.25. May Begins with a Critical Back-test — XRP’s Next Move Could Sooner Than Many Realize! It’s May 1, and a new month is here with #XRP coming right up against one of the most important structural levels on the chart – $2.25- After failing to hold above that level, $XRP has… pic.twitter.com/i8N4oTVYNX — CasiTrades (@CasiTrades) May 1, 2025 After failing to hold above this price, XRP began forming smaller waves downward. It recently back-tested the $2.25 breakdown and might now be heading for another move down to $2.00. Short Dip or Major Correction? If XRP’s price drops with momentum, it could briefly hit $1.90 — a level that hasn’t been tested since its breakout. This zone also lines up with key technical support levels, which could act as a safety net. However, on shorter timeframes, the Relative Strength Index (RSI) shows the market is exhausted, suggesting that any dip might be temporary before another bounce. Despite these short-term price movements, the overall outlook for XRP remains positive. If XRP can flip the $2.25 level into support, traders are eyeing future targets at $2.68, $3.00, and beyond.
The SEC’s recent decision to drop its lawsuit against crypto influencer Ian Balina signals a potential shift in regulatory focus within the cryptocurrency landscape. This development follows a broader trend,
The post Ethereum (ETH) Prepares for Pectra Upgrade as Ruvi AI (RUVI) Is Expected to Reach $1 in 2025 appeared first on Coinpedia Fintech News Ethereum has long been a leader in blockchain innovation, and with the upcoming Pectra upgrade, it’s set to solidify its role even further. This major milestone promises to enhance scalability, security, and user experience. But while Ethereum continues to make headlines, there’s another project deserving your attention. Ruvi AI offers a chance to invest early in something not just innovative but practical. Combining blockchain and AI, Ruvi AI is gearing up to redefine industries and provide long-term value for investors. Ethereum’s 2025 Evolution Ethereum’s Pectra upgrade, scheduled for May 2025, is packed with features to improve the network. It follows previous enhancements like Dencun, further reducing costs for Layer-2 roll-ups and improving scalability. The upgrade will also double blob storage, allowing for faster finality and smoother Layer-2 integrations. These advancements position Ethereum to remain a key player, even as competitors like Solana push forward with their own upgrades. The adoption of Layer-2 solutions is also on the rise, boosting Ethereum’s ecosystem by cutting transaction fees and speeding up processing times. These developments have excited both developers and investors, setting Ethereum up for a prosperous 2025. While Ethereum strengthens its foundation, Ruvi AI focuses on solving real-world problems, making it a promising investment for those seeking long-term impact and rewards. What is Ruvi AI? Ruvi AI is a groundbreaking platform that combines blockchain with artificial intelligence to streamline business processes and address industry challenges. From fraud prevention to supply chain optimization, Ruvi AI’s technology helps save time and money. What sets Ruvi AI apart is its focus on practicality. While many projects focus on hype, Ruvi AI delivers real solutions that industries can use today. The recent release of its beta product demonstrates this commitment to functionality and usability. The Success of Ruvi AI’s Presale Ruvi AI’s presale has been nothing short of remarkable. Over 10 million tokens were sold in just a few days, raising $100,000. This early success shows the strong interest from investors who see the potential of Ruvi AI’s technology. Currently, tokens are priced at $0.01 , but this is the final call at this rate. By phase 2, the price will increase by 50%, making now the perfect time to join. But that’s not all. Ruvi AI rewards larger investments with exclusive bonuses through its VIP program. VIP Tier 4 Benefits For serious investors eyeing significant returns, VIP Tier 4 provides an exceptional opportunity. This tier requires investors to accumulate 200,000 Ruvi AI tokens, which secures them a substantial 80% bonus on their investment. For instance, by investing $2,000 at the current token price of $0.01, investors receive 200,000 tokens as a base. The 80% bonus adds an additional 160,000 tokens, bringing the total to 360,000 tokens. With the listing price already confirmed at $0.07, this investment would be worth $25,200, representing a 12.6x return. The potential for remarkable growth becomes even more evident when considering Ruvi AI’s long-term target of $1 per token, which would value the same investment at $360,000. Why Ruvi AI is a Smart Investment Choice Ruvi AI is more than just a blockchain project; it’s a tool that industries can rely on. Its AI-driven solutions are already making waves in sectors like logistics and finance. Unlike speculative coins, Ruvi AI’s value is rooted in its utility and growing adoption. Ethereum’s advancements highlight how technology can reshape industries, but Ruvi AI takes this further by focusing on direct, measurable impact. For investors, this means not only supporting innovation but also being part of a project with real-world applications. Seizing the Moment Ethereum’s 2025 preparations signal growth and innovation, attracting global attention. But for those seeking more than just a well-established name, Ruvi AI offers a fresh, exciting investment opportunity. Its focus on practical applications, coupled with tools that directly address industry needs, makes Ruvi AI a standout choice. With the token price set to increase soon, acting now ensures you reap the benefits of being an early supporter. Explore the advantages of VIP Tier 4, secure your tokens, and prepare to be part of a project that’s not just about blockchain but about building a smarter future. Learn More Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register
Movement Labs, the team behind the high-profile layer 2 blockchain project, announced on Friday that it has suspended co-founder Rushi Manche . The decision follows an ongoing third-party review focusing on organizational governance and recent incidents related to a market maker’s actions. This suspension comes at a time when the project is under increasing scrutiny, particularly around its MOVE token. In the midst of the controversy, Coinbase revealed on Thursday that it would be halting trading of the MOVE token on May 15. The exchange has already shifted the MOVE order books to limit-only mode. Although Coinbase did not explicitly cite the reason for the suspension, it stated that the decision followed a routine review of listing standards. We confirm that Rushi Manche has been suspended from Movement Labs. This decision was made in light of ongoing events and as the third-party review is still being conducted by Groom Lake regarding organizational governance and recent incidents involving a market maker. — Movement (@movementlabsxyz) May 2, 2025 Movement Labs Acknowledges Mistakes After Binance Uncovers $38M MOVE Token Scandal The Movement blockchain, which launched its mainnet beta and native token last December, has faced growing criticism since March, when Binance identified and froze the profits of a market maker allegedly liquidating large quantities of MOVE tokens. Manche publicly acknowledged the mistakes in an X post on April 30, admitting that the company had trusted the wrong advisors and made errors while entering a bear market. These admissions followed a deeper investigation by Binance, which removed the unnamed market maker after discovering misconduct involving the sale of about 66m MOVE tokens. been a brutal few weeks. lots of rumors circulating and internal drama. im excited to start clearing stuff up, reveal the story, and clear my name, starting with this article. honestly, mistakes were made. we trusted wrong advisors, mms, and folks going into a bear market. i… — rushi (@rushimanche) April 30, 2025 The market maker in question allegedly sold the tokens on Dec. 10, 2024, just one day after the token’s listing, without placing significant buy orders. This resulted in a net profit of $38m USDT before Binance removed the entity in March. In response, Binance informed the Movement Network Foundation and Movement Labs about the irregularities, froze the proceeds from the market maker, and permanently banned the entity from further trading on the platform. Movement Labs Faces Deeper Investigation Into Market Maker Misconduct and Internal Legal Disputes The Movement Network Foundation maintains that it was unaware of the market maker’s actions . It alleges it was only informed of the misconduct on March 11, 2025. Initially, the foundation had engaged the market maker based on its previous track record. However, upon discovering the breach of agreement, the foundation severed ties immediately. Additionally, it alerted other major exchanges to the ongoing investigation. In addition, CoinDesk reported this week that Movement Labs is investigating whether it was misled into signing a market-making agreement. This agreement allowed a middleman, Rentech, to control the 66m MOVE tokens. The agreement allegedly led to a $38m selloff, sparking accusations of market manipulation. Internal documents suggest that Rentech acted on both sides of the deal. This raises conflict-of-interest concerns, as Rentech was both an agent of the Movement Foundation and a subsidiary of Web3Port. The fallout from this incident exposed internal divisions, with Movement’s legal counsel initially opposing the deal but being overruled. The investigation is now focused on whether co-founder Rushi Manche or advisors like Sam Thapaliya had a deeper involvement than initially disclosed. The post Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity appeared first on Cryptonews .
XRP price started a fresh increase above the $2.150 zone. The price is now consolidating and facing hurdles near the $2.250 level. XRP price started a fresh increase and climbed above the $2.20 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if there is a close above the $2.250 resistance. XRP Price Eyes Fresh Surge XRP price remained supported above $2.125 and started a decent increase, but it lagged Bitcoin and Ethereum . The price was able to surpass the $2.150 and $2.20 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $2.359 swing high to the $2.1250 low. Besides, there was a break above a connecting bearish trend line with resistance near $2.2350 on the hourly chart of the XRP/USD pair. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.250 level. The first major resistance is near the $2.30 level and 76.4% Fib retracement level of the downward move from the $2.359 swing high to the $2.1250 low. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.450 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.650. Dips Supported? If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.180 level. If there is a downside break and a close below the $2.180 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.050 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.20 and $2.120. Major Resistance Levels – $2.250 and $2.30.
Ethereum price started a fresh increase above the $1,750 zone. ETH is now rising and might aim for a move above the $1,880 resistance zone. Ethereum remained strong above $1,720 and started a fresh increase The price is trading above $1,800 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $1,860 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,880 resistance zone. Ethereum Price Gains Momentum Ethereum price remained supported above the $1,720 zone and started another increase, like Bitcoin . ETH climbed above the $1,780 and $1,800 resistance levels to set the tone for a larger increase. The bulls even pushed the price above $1,850. A high was formed at $1,872 and the price is now consolidating gains. There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $1,733 swing low to the $1,872 high. Ethereum price is now trading above $1,800 and the 100-hourly Simple Moving Average . On the upside, the price seems to be facing hurdles near the $1,850 level. There is also a short-term contracting triangle forming with resistance at $1,860 on the hourly chart of ETH/USD. The next key resistance is near the $1,880 level. The first major resistance is near the $1,920 level. A clear move above the $1,920 resistance might send the price toward the $1,950 resistance. An upside break above the $1,950 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,000 resistance zone or even $2,050 in the near term. Another Decline In ETH? If Ethereum fails to clear the $1,880 resistance, it could start a fresh decline. Initial support on the downside is near the $1,840 level. The first major support sits near the $1,800 zone and the 50% Fib retracement level of the upward move from the $1,733 swing low to the $1,872 high. A clear move below the $1,800 support might push the price toward the $1,765 support. Any more losses might send the price toward the $1,720 support level in the near term. The next key support sits at $1,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,800 Major Resistance Level – $1,880
Bitcoin ETFs Record $422.5M Net Inflows, Ethereum ETFs Report $6.5M Net Inflows as of May 1, 2025 💰Coin: Bitcoin ( $BTC ) $97,186.00 Ethereum ( $ETH ) $1,848.94
China signaled on Friday that it may reopen the door to trade talks with Washington, saying it is still reviewing whether to join negotiations after last month’s sharp tariff increase ordered by President Donald Trump. In a written statement , the Commerce Ministry in Beijing said it had “taken note” that senior US officials have repeated their wish to speak with China about the tariffs. “The United States has recently sent messages to China through relevant parties, hoping to start talks with China,” the ministry said. “China is currently evaluating this.” The statement urged officials in the US capital to match their words with “sincerity.” The note gave financial markets fresh hope that the trade standoff between the world’s two largest economies might ease. Futures on the S&P 500 Index wiped out earlier losses during Asian hours, and a widely watched yardstick of regional shares moved into positive territory. Hong Kong’s Hang Seng China Enterprises Index climbed more than 1 percent, while mainland exchanges stayed shut for a holiday. In currency trading, the offshore yuan rose 0.3 percent to 7.2566 per dollar, and the Australian dollar extended its rebound. Talks would mark a shift in a dispute that has rattled businesses on both sides of the Pacific. Last month, Trump pushed import taxes on a broad range of Chinese goods to levels unseen in 100 years, and Beijing retaliated by raising its own tariffs. The U.S. president has said several times that Chinese leader Xi Jinping needs to contact him first if Beijing truly wants to bargain. Earlier this week, Treasury Secretary Scott Bessent told reporters that China must take the initial step to break the stalemate. “The high level of reciprocal tariffs on China is not sustainable, so the market expects the U.S. and China to start negotiating at some point,” said Woei Chen Ho, economist at United Overseas Bank Ltd. “The beginning of negotiations will likely drive market volatility again because it is not expected to be plain sailing.” Political moves in Washington could complicate the path forward On Thursday, Trump reshuffled top national‑security posts, expanding Secretary of State Marco Rubio’s duties. Rubio, who became the first US cabinet member sanctioned by Beijing, will act as interim national security adviser while keeping his State Department portfolio. Michael Waltz, the outgoing adviser, will be nominated as US ambassador to the United Nations. Holding both jobs will give Rubio a louder voice on matters that Beijing follows closely, including Taiwan, which China regards as its own territory. The secretary of state has pledged in the past to counter what he calls China’s “destabilizing actions” in the South China Sea. In an interview broadcast Thursday night on Fox News with host Sean Hannity, Rubio said Chinese officials are looking for a “short‑term accommodation” and that the US duties are “taking a huge toll” on China’s economy. “The Chinese are reaching out,” Rubio told Hannity. “They want to meet, they want to talk.” Marco Rubio in a recent interview with Hannity on Fox News. Source: Fox News The White House, the Office of the U.S. Trade Representative, and the Departments of Treasury and Commerce did not answer requests for comment on Friday. Economic pressure inside China is mounting. The official manufacturing purchasing managers’ index released this week showed factory activity sinking into its deepest contraction since December 2023. New export orders fell to the lowest level since December 2022 and recorded their steepest one‑month drop since April 2022, when Shanghai shut down to control a pandemic outbreak. Even while hinting at openness, the Commerce Ministry framed its view as unchanged. As a condition for any talks, the ministry said Washington must first “correct its wrong practices” by lifting the unilateral tariffs. “If we fight, we will fight to the end; if we talk, the door is open,” the statement said. It said, “What China wants to emphasize is that in any possible dialogue or talks, if the United States does not correct its wrong unilateral tariff measures, it means that the United States has no sincerity at all and will further damage the mutual trust between the two sides.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The post Bitcoin Price Breaks $97000: What’s Next? appeared first on Coinpedia Fintech News Bitcoin has reached a new high of $97,000, continuing its strong price climb. At the moment, Bitcoin is trading just under $97,000. It recently broke through the $96,000 level and is showing signs of strength on the daily and weekly charts. Some price pullbacks are still expected, but the overall trend remains upward. Analysts are now watching closely for the next major price levels as this rally could drive the entire crypto market higher. In the second quarter of 2025, Bitcoin is showing strong bullish indicators. It recently cleared its 200-day moving average and is building strong support. Additional support levels at $95,797 and $96,441 are also being monitored as part of a broader bullish structure. According to an analyst, a sustained drop below $95,280 could signal the early stages of a larger correction, but as of now, Bitcoin remains firmly above that threshold. If buying pressure resumes, short-term targets to the upside include $97,325, $98,745, and the psychological milestone of $100,000. These levels represent areas of potential resistance based on recent price dynamics. The larger trend remains constructive, with bulls aiming for a continuation of the uptrend toward the $115,000–$120,000 range later this cycle—provided current support zones hold. Market Outlook: More Gains Ahead? The strong Bitcoin rally could push other cryptocurrencies like Ethereum, XRP, and Solana higher as well. This pattern, seen in past bull markets, usually starts with Bitcoin leading the way, followed by altcoins gaining momentum as investor money spreads across the market. While pullbacks are expected — since prices never go up in a straight line — many experts believe the market is setting up for another major run. A key support level to watch is $95,280. As long as Bitcoin stays above this, there’s a chance for more upside.
HodlX Guest Post Submit Your Post The memecoin segment has matured significantly since its early days. Once driven purely by internet culture and speculation, it now represents a complex trading environment with increasing institutional presence, data-driven strategies and measurable risk factors. In this market, individual traders often face diminishing returns. Narratives move faster than most can react to, and access to real-time data is now a minimum requirement. In 2025, successful participation in memecoin cycles requires not only infrastructure but also a clear framework for evaluating assets before engaging with them. The following metrics represent a baseline for assessing viability in today’s memecoin landscape. Whale and smart money wallet tracking – T he foundation of signal-based trading Large wallets – commonly referred to as whales – continue to serve as early indicators of sentiment shifts in the memecoin market. However, simply replicating their trades without looking at smart money trades has proven ineffective. Instead, data should be used to identify patterns of behavior. Wallets with a verifiable profit history over the past 30 days, ideally showing a 30–100% return on capital, tend to offer more reliable signals. Greater significance is typically assigned to those whose average trade size exceeds $5,000, suggesting a higher level of conviction. Tools that provide real-time monitoring of wallet activity can offer valuable context and alerts. Tokens that attract multiple large transactions – $30,000 and above – from such wallets within a short timeframe are more likely to reflect emerging trends, whereas isolated transactions may not be meaningful. This type of monitoring often provides a more accurate picture of market sentiment than technical indicators alone. Social attention – Without visibility, there’s limited traction For memecoins to gain traction, visibility remains a core requirement. A verified and active X account has become a minimum benchmark for credibility. While follower count is less important than engagement metrics, a baseline of consistent activity and community response indicates a functioning marketing effort – a n essential element in memecoin dynamics. Also, tracking the volume and velocity of social media mentions remains one of the most effective tools for early signal detection. Rather than focusing on absolute numbers, traders monitor acceleration – how quickly a token gains traction across platforms such as X, Telegram and Reddit. An emerging metric, velocity score, measures the rate of increase in mentions over short timeframes of approximately three-hour windows. Tokens showing sharp upward trends in social engagement often experience price movement shortly thereafter. Liquidity – C ritical to mitigating price manipulation Liquidity acts as a buffer against volatility. Low-liquidity coins may offer sharp upside during peak momentum but carry significantly higher downside risk. In 2025, experienced traders tend to avoid tokens with total liquidity below $150,000 unless paired with unusually high short-term volume and whale activity. As a general rule – $500,000 to $2 million liquidity represents a stable range for entry in mid-cap cycles. Pools above $5 million are less likely to deliver sharp price appreciation but provide higher security against slippage and coordinated manipulation. Token supply and holder distribution – A ssessing structural risk Tokens without clear developer burn mechanisms are increasingly viewed as unsustainable. If the founding team retains a significant portion of the supply and no verifiable burn events have occurred post-launch, long-term investor confidence is unlikely. Equally important is wallet concentration. In practice, a top 10 wallet group holding more than 20% of the total supply is viewed as a structural weakness. A more distributed supply generally correlates with reduced volatility and greater resilience to coordinated exits. Trading volume – A proxy for health and sustainability Consistent trading volume is essential for risk mitigation. In today’s environment, memecoins trading below $250,000 daily for more than 48 hours are generally considered inactive or abandoned. Conversely, volumes above $2 million indicate active cycles and more reliable liquidity across exchanges. And rising prices without matching volume tend to signal short-term exit activity rather than genuine interest. Understanding the game – T rading reflexivity, not fundamentals Unlike traditional assets, memecoins derive much of their value from reflexivity – the cycle of belief and price movement. That said, traders are buying tokens not for their intrinsic value but for the likelihood that others will buy after them. Success in this market depends on recognizing behavioral patterns, identifying when others will act and entering before broader momentum builds. Attempting this solo is increasingly ineffective. In 2025, the most competitive edge comes from collaboration – small trading groups with defined roles (on-chain analysis, social metrics, liquidity tracking, etc.) – outperform isolated participants consistently. Ultimately, memecoin trading has evolved into a highly specialized activity, demanding structured analysis, real-time infrastructure and shared insights. For those unwilling or unable to approach it at this level, passive exposure may be the more rational path. Rajath KM is the CBO at Stader Labs , a platform for staking, and Cabbage, a platform for tracking memecoins indicators. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Key Fundamental Metrics for Memecoins in 2025 appeared first on The Daily Hodl .