COINOTAG News reports on May 15th that XRP has exhibited notable patterns following comprehensive technical analysis. The cryptocurrency has formed a double top formation at $2.65 and established a neckline
As much as retail investors are optimistic and see the potential in бitcoin, analysts at the market intelligence platform Santiment believe they are likely to remain small fish in a big pond. This means their investment strategies are likely influenced by the actions of wealthier investors, who are consistently scooping up the available Bitcoin supply. In the latest market update from Santiment, analysts explained that bitcoin (BTC) is increasingly being integrated into national and corporate financial strategies. This can be traced to U.S. President Donald Trump’s establishment of a strategic Bitcoin reserve. How the Rich Can Shape Crypto’s Future Since Trump took major steps in positioning the U.S. at the forefront of the crypto revolution, the network has witnessed more institutional adoption and the emergence of supportive policies. Bitcoin is now placed alongside traditional reserves like gold and oil as long-term strategic assets. Large institutions and ultra-wealthy individuals have been buying BTC, and even the U.S. will no longer sell анъ obtained via legal forfeitures. At the state level, governments are passing laws to allow the use of public funds to buy cryptocurrencies and precious metals. One example is New Hampshire. In the global corporate sector, Bitcoin-holding companies like the business intelligence entity Strategy and the Japanese hospitality firm Metaplanet have been increasing their BTC bags non-stop. Strategy recently expanded its BTC holdings with a $1.34 billion purchase, while Metaplanet acquired an additional $126 million worth of assets. These firms keep buying BTC regardless of the market’s state. On the other hand, retail investors have a pattern of taking profits during market rallies. Santiment says this leads to a redistribution of BTC holdings toward institutional buyers and highlights the growing influence of large-scale investors. Small Fish in a Big Pond According to Santiment, most retail traders, including miners, cannot resist the urge to take profits to handle life expenses during market rallies. However, the ultra-wealthy can afford to continue to hold and accumulate coins over the long term. Currently, wallets holding less than $1 million in BTC (less than 10 BTC) account for just 17.5% of the total coins in circulation. Those having at least 10 BTC own over 82% of the supply. Santiment said addresses holding 10-100 BTC are classified as small institutional investors, while those holding 10-10,000 bitcoins belong to large institutions and liquidity providers. The latter cohort has more than two-thirds of all BTC in circulation. Hence, it is evident that “long-term holders with deep pockets” are taking control of the market. The post Small Fish in a Big Pond: How the Rich Can Shape Crypto’s Future appeared first on CryptoPotato .
Ukraine may soon become the latest country to add Bitcoin to its national reserves , as a draft bill moves into its final stages. Yaroslav Zhelezniak, a member of Ukraine’s parliament, confirmed during the CRYPTO 2025 event in Kyiv that lawmakers are about to submit the proposal, which would legally allow the government to build crypto reserves. This potential move comes at a time when global interest in Bitcoin as a strategic asset is rising . The United States recently created a national Bitcoin reserve using coins seized in criminal cases, and Swedish politicians have also begun promoting Bitcoin as a hedge against inflation. However, Ukraine’s adoption could face legal hurdles. Binance’s regional head, Kyrylo Khomiakov, noted that significant changes to current laws will be needed , and progress could be slow. Still, the initiative could bring more clarity to Ukraine’s crypto regulations, especially as the country continues efforts to legalize digital assets with help from the National Bank and the IMF. Meanwhile, not everyone is on board. Critics like Michael Chobanian, founder of the Kuna exchange, argue the country’s current financial crisis and declining population make the Bitcoin plan unrealistic. He suggests the proposal may be more of a distraction than a genuine strategy.
Summary LFGY offers a high 20.91% yield by selling options on volatile crypto-related assets, providing weekly income for investors. The ETF is heavily concentrated in crypto and tech stocks, with limited diversification and strong correlation to Bitcoin's price movements. LFGY's strategy is attractive in uncertain or sideways crypto markets, offering downside protection and income versus direct crypto exposure. Given current market greed, high valuations, and low volatility, I rate LFGY a 'Buy' for conservative, income-focused crypto investors. Introduction The YieldMax Crypto Industry & Tech Portfolio Income ETF (LFGY) aims to generate income through derivatives based on some of the most volatile assets available on Wall Street. Since option premiums increase with higher volatility, LFGY has an incredibly high dividend yield of 20.91% and pays it out weekly. Key ETF Data Currently, the ETF has an expense ratio of 0.99%, which is normal when compared to other income ETFs like the YieldMax AAPL Option Income Strategy ETF (APLY). When looking at the holdings breakdown, shown in Figure 1, one can see that the ETF mostly holds financials, with more than 50% of its portfolio. Additionally, it is heavily invested in technology stocks or derivatives. Figure 1 - LFGY Holdings Breakdown (Seeking Alpha) All of this generally speaks to a relatively low level of diversification, which is confirmed when looking at the specific holdings displayed in Figure 2. As can be seen, most exposure is to either cryptos such as iShares Bitcoin Trust ETF (IBIT) or crypto-related stocks such as MicroStrategy Incorporated (MSTR) and Coinbase Global, Inc. (COIN). Other stocks like MARA Holdings (MARA) and Robinhood Markets (HOOD) are also heavily reliant on the movements of crypto. Figure 3 also shows this by highlighting the beta and correlation of different stocks to Bitcoin. Figure 2 - LFGY Top 10 Holdings (Seeking Alpha) Figure 3 - LFGY Holdings Correlation and Beta to Bitcoin (Self-Calculated in R) Since LFGY was only introduced at the start of this year, it is so far hard to determine the ETF's performance. However, when thinking about the investment strategy, the ETF is quite solid. During upturns, the ETF will, of course, gain less than its underlying stocks / ETFs as it sells options on them, meaning that gains are capped. Nevertheless, it should outperform in times of sideways performance and downturns. Also, it should even increase its already great yield, with rising volatility, as it will receive higher premiums. Investment Thesis As we have just seen, the performance of LFGY is strongly dependent on the performance of its underlyings, which again is dependent on the movements of Bitcoin and crypto in general. Because of this, it makes sense to look more closely at the current state of the crypto market. When looking at the crypto fear and greed index, shown in Figure 4, one can instantly see that there currently is a lot of greed in the market. Generally speaking, this should make investors more cautious as it suggests that many potential buyers have already done so at the moment. Figure 4 - Bitcoin Fear and Greed Index (Alternative.me) Furthermore, Figure 5 shows the implied volatility of 90-day at-the-money options on Bitcoin. As can be seen, it is currently low on a one-year scale. On one side suggests that options are currently cheap, giving LFGY much more potential. On the other hand, it could also suggest a less positive outlook as volatility has normally moved upward from current levels. Figure 6 also shows the daily chart of Bitcoin. While the crypto does currently have strong momentum and is in an uptrend, the resistance at $106k could be a potential initiator for a bounce back. All of this favors a more cautious approach, which LFGY brings to investors. Figure 5 - Bitcoin ATM Implied 90 Day Volatility (Theblock) Figure 6 - Bitcoin Daily Price Chart (Etoro) When looking at the underlying companies, one can also see some risks that favor selling options on them instead of just holding them directly. COIN currently trades at extremely high valuations, with an EV/EBITDA ratio of 78.42 and a P/E ratio of almost 50. The same can be said of MSTR at a forward EV/EBITDA of over 4000 and negative earnings. Furthermore, MSTR has negative revenue growth and an ROE of more than -30%, while COIN has negative EBITDA growth of over -40%. All of this suggests a lot of risk in the crypto and crypto-related company sector, making LFGY an attractive, more conservative bet that is also great for income investors. Risks Considering risks, the biggest one when just looking at performance would be a big crash in the crypto sector. While LFGY would outperform the sector, it would still show negative performance. At the same time, a huge rally, while benefiting the ETF, would lead to underperformance. While these two risks have to be considered, LFGY looks interesting in market phases like this that are driven by a lot of uncertainty. Conclusion In total, LFGY looks like a very interesting play at the moment, as it gives crypto investors more security in a phase where it is hard to say where the market is going. In a downward phase, LFGY will likely outperform Bitcoin, and the income could be used to buy the dip. In an up phase, the ETF would still show attractive performance, while the most beneficial situation would be for the market to go sideways, in which case LFGY would show strong returns, while the market does nothing. Because of this, LFGY currently gets a buy rating from me.
The post Bitcoin Search Drops To 6-Month Low Despite Recent Rally Above $105k appeared first on Coinpedia Fintech News After a two-week crypto rally, Bitcoin is holding strong above $100K, but retail investors are still skeptical. In 2025, big institutions have been buying most of the Bitcoin, while retail investors have been selling. However, retail interest may pick up if Bitcoin breaks above $109,350. Businesses are the largest net buyer of bitcoin so far this year, lead by @Strategy which makes up 77% of the growth. pic.twitter.com/Bbj89gyk2h — River (@River) May 12, 2025 According to Google Trends, retail interest in Bitcoin appears to be fading, with search trends for “Bitcoin” falling to levels last seen in June 2024, when BTC was trading around $66,000. Similarly, Coinbase has slipped to 15th in the US finance app rankings, a position it last held in mid-2024. Retailers Missing Out on BTC Rally? Historically, retail investors tend to buy later, right after major breakouts, often missing out on the early gains. Analyst Sky Wee explains that Bitcoin was made to protect people from traditional banks and systems, and it stays “people’s money” as long as they keep holding it. Right now, more individuals are selling Bitcoin while big institutions are buying, which could make Bitcoin more controlled by the institutions. He is concerned that Bitcoin could just become another tool for Wall Street. “Bitcoin doesn’t need Wall Street, but Wall Street needs Bitcoin,” he said. Analyst Ali Martinez also shared a chart that shows Bitcoin’s long-term holders are moving from a phase of extreme optimism into potential “Belief” (expecting the bull run to continue) and “Denial” (fearing a potential market reversal) stage as prices surge above $100,000. A Full-Fledged Altseason Next? Bitcoin’s dominance is fading, which could bring altcoins back, especially if Ethereum beats Bitcoin at the 0.03 level. Ethereum is also down over 2% in the past day, currently trading at $2,552. After a 55% rally in the past week, a pullback is expected around $2,400. Analysts have observed that market corrections can be volatile, but this doesn’t mean altcoins are dead or the market is over. These dips could be great buying opportunities. As long as Bitcoin stays above $98K, the market remains healthy, altcoins have a chance to bounce back. Experts predict a full-blown altseason this June, with many altcoins already beating Bitcoin.
In a significant development for the blockchain and cryptocurrency sector, Ripple President Monica Long recently met with His Highness Ahmed bin Saeed Al Maktoum during the Dubai FinTech Summit. This meeting, highlighted by crypto analyst Amelie on X , underscores the deepening relationship between Ripple and the United Arab Emirates (UAE), a nation rapidly emerging as a global hub for digital finance. Strengthening Ties with UAE Leadership His Highness Ahmed bin Saeed Al Maktoum, a prominent figure in the UAE’s economic landscape, serves as the Chairman and CEO of Emirates Airline and Group and holds influential positions in various financial institutions. His engagement with Ripple’s leadership signifies the UAE’s commitment to embracing blockchain technology and fostering innovation in the financial sector. BREAKING: RIPPLE PRESIDENT MONICA LONG HAD THE HONOR OF MEETING HIS HIGHNESS AHMED BIN SAEED AT DUBAI FINTECH SUM! #XRP UAE pic.twitter.com/o72s7hZlV0 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 14, 2025 The Dubai FinTech Summit provided an ideal platform for this high-level interaction, bringing together global leaders to discuss the future of financial technology. Monica Long’s meeting with His Highness reflects Ripple’s strategic focus on the Middle East, particularly the UAE, as a key market for expansion and collaboration . Ripple’s Strategic Initiatives in the UAE Ripple’s presence in the UAE has been marked by several strategic initiatives aimed at integrating blockchain solutions into the region’s financial infrastructure. In 2020, Ripple established its Middle East and Africa (MEA) headquarters in the Dubai International Financial Centre (DIFC), recognizing the UAE’s progressive regulatory environment and its potential as a fintech hub. In November 2023, the Dubai Financial Services Authority (DFSA) approved XRP for use within the DIFC, making it the first virtual asset to receive such approval under the DFSA’s regime. This milestone allowed licensed firms in the DIFC to incorporate XRP into their virtual asset services, enhancing the utility and adoption of Ripple’s digital asset in the region. Further solidifying its commitment, Ripple partnered with the DIFC Innovation Hub in August 2024 to accelerate the adoption of blockchain technology in the Middle East. This collaboration aims to connect developers with the region’s largest innovation community, fostering the development of real-world use cases on the XRP Ledger (XRPL). We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 In March 2025, Ripple achieved another significant milestone by receiving approval from the DFSA to offer regulated crypto payments and services in the DIFC. This approval marked Ripple as the first blockchain-enabled payments provider licensed by the DFSA, enabling the company to expand its seamless, compliance-first global payments product to businesses in the UAE. Implications for XRP and the Broader Crypto Ecosystem The meeting between Monica Long and His Highness Ahmed bin Saeed Al Maktoum is more than a ceremonial engagement; it symbolizes the UAE’s openness to integrating advanced blockchain solutions into its financial systems. Ripple’s strategic partnerships and regulatory approvals in the UAE position XRP as a key player in the region’s digital transformation. With the UAE’s proactive approach to fintech and Ripple’s robust infrastructure and regulatory compliance, the stage is set for significant advancements in blockchain adoption. The collaboration between Ripple and UAE institutions could lead to the development of innovative financial products and services, enhancing cross-border payments and fostering economic growth. Monica Long’s meeting with His Highness Ahmed bin Saeed Al Maktoum at the Dubai FinTech Summit marks a pivotal moment in Ripple’s expansion strategy in the Middle East. The UAE’s supportive regulatory environment and commitment to innovation align with Ripple’s mission to revolutionize global payments through blockchain technology. As Ripple continues to forge strategic partnerships and secure regulatory approvals, XRP’s role in the UAE’s financial ecosystem is poised for significant growth, heralding a new era of digital finance in the region. 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 Twitter , Facebook , Telegram , and Google News The post Ripple President Meets His Highness Ahmed Bin Saeed In Dubai. Is Something Big Coming For XRP? appeared first on Times Tabloid .
Coinbase's proactive measures highlight the growing importance of robust cybersecurity and collaboration with law enforcement in the crypto industry. The post Coinbase launches $20M bounty to catch perpetrators of data breach appeared first on Crypto Briefing .
BlackRock, has quietly added a serious warning about quantum computing to the list of risks to its $62 billion spot bitcoin exchange-traded fund (ETF)...
The global wealth manager UBS is reportedly seeing a shift in investment interest among its affluent customers in Asia. The Cailian News Agency reports that during the Bloomberg New Voices event in Hong Kong on Tuesday, UBS co-head of wealth management for Asia Amy Lo says that the Swiss bank’s high-net-worth clients are increasingly veering away from US dollar assets and turning to gold, cryptocurrency and Chinese assets. In an interview with Bloomberg correspondent Yvonne Man during the event, Lo says that gold is very popular now. Gold is traditionally regarded as a safe haven investment and prices of the yellow metal have been surging to record highs this year amid concerns that economic slowdowns will ensue following US President Donald Trump’s imposition of higher tariffs. Lo says that the trade tension between the US and China is also prompting investors to diversify their asset allocations, which have been traditionally “quite US-centered”. The conflict between the two nations escalated after the Trump administration imposed a sweeping 104% tariff on Chinese goods. In response, China imposed an 84% tariff on American imports. Lo says investors are also funneling more funds to cryptocurrencies, commodities and alternative assets. She warns that volatility will continue. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix 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 losses 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 Wealthy Asian Investors Shifting Away From US Assets and Into Gold, Crypto and Chinese Markets, According to UBS: Report appeared first on The Daily Hodl .
In a recent analysis by Glassnode, it was reported that Bitcoin’s market dominance surged to 64.4% on May 8th, reflecting a robust hold in the crypto landscape. Following this, Ethereum’s