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JUST IN: 🇦🇪 UAE's state-owned oil giant Emarat accept Bitcoin and crypto payments at petrol/gas stations.$BTC 

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XRP Price Could Reach $10 If Historical Pattern Repeats, Analyst Suggests A prominent market analyst has drawn attention to striking similarities between XRP’s current price action and its historical cycle from 2014 to 2018—fueling speculation that XRP could surge to $10 if history repeats itself. The analyst, ArShevelev, noted that XRP’s price structure today closely mirrors the 2014–2018 cycle, where XRP broke through its previous all-time high (ATH) in 2017 and then soared to new heights. While today’s setup has some differences, the expert said the chart gives a clear sense of “déjà vu.” Key Levels to Watch: Resistance and Support Zones Currently, XRP is struggling to break through the major resistance at its 2018 ATH of $3.31—a level the analyst likens to the breakout consolidation phase in 2017. A successful breakout above this zone could trigger a parabolic rally, potentially driving XRP toward $10. However, caution remains. ArShevelev highlighted $1.643 as the key support level, with $0.650 marking a potential downside risk if the breakout fails. “This could be XRP’s moment,” he said, though he also admitted he’s not fully convinced just yet. Market Momentum Building Another market observer emphasized that XRP needs to break out from its current consolidation range between $2.00 and $2.26. A decisive close above this range could set the stage for the next major move. She noted that momentum is building, with the RSI showing signs of selling exhaustion on lower timeframes—a typical precursor to a significant price move. “Price action is compressing, and that usually leads to a breakout,” she said. As of the latest data from CoinMarketCap, XRP is trading around $2.17, up approximately 2% over the past 24 hours. #XRP #CryptoNews #XRP10Dollars #AltcoinBreakout #BTCBackTo100K

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Alex Mashinsky Sentenced to 12 Years for Celsius Fraud May 8, 2025 — New York Alex Mashinsky, the former CEO and founder of Celsius Network, has been sentenced to 12 years in federal prison for defrauding investors in one of the most significant cryptocurrency fraud cases to date. The sentence, handed down by a New York federal court, marks a pivotal moment in crypto law enforcement, signaling a shift toward stricter accountability and regulatory scrutiny in the digital asset sector. A Landmark Case in Crypto Fraud Celsius Network collapsed in June 2022, leaving investors with substantial financial losses. According to the U.S. Department of Justice, Mashinsky’s actions were calculated and intentional, directly contributing to the platform’s downfall. He pleaded guilty in December 2024 to multiple charges, including commodities fraud and market manipulation, and agreed to forfeit more than $48 million. Prosecutors emphasized the deliberate nature of the fraud, stating that Mashinsky “targeted everyday people and destroyed lives through his actions.” The court echoed this sentiment, underscoring the long-term harm inflicted on investors and the broader market. Rising Regulatory Pressure on Crypto Platforms The collapse of Celsius and Mashinsky’s conviction have intensified calls for stronger oversight of cryptocurrency platforms. Regulators are expected to increase enforcement actions in an effort to restore investor confidence and prevent similar misconduct. The sentencing also highlights the growing trend of holding executives criminally liable, rather than relying solely on civil penalties. Legal analysts note that this case sets a new precedent, reinforcing the message that fraudulent activity in the crypto space will face serious consequences. A Turning Point for Executive Accountability Compared to previous cryptocurrency-related fraud cases, the 12-year sentence represents one of the most severe punishments issued to a digital asset executive. Experts at Kanalcoin suggest this could lead to more rigorous legal standards for industry.

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Bitcoin Blasts Past $101K, Triggering $500M in Short Liquidations Bitcoin has officially shattered the $100,000 barrier, soaring to a three-month high of $101,000+, fueled in part by renewed optimism around potential US-China tariff negotiations—which earlier pushed the price to $99,700. This powerful rebound comes after last month’s dip below $75,000, a low point during peak trade war tensions. Now, BTC’s surge has sparked a market-wide rally, with altcoins like PEPE, SUI, and FARTCOIN jumping 20–25% in the wake of renewed bullish momentum. Ethereum joined the breakout, climbing above $2,000 for the first time in over a month—marking a strong recovery in the broader market. According to CoinGlass, the sudden upward move liquidated over $500 million in short positions, affecting more than 145,000 traders in the past 24 hours. The message from the market is clear: bears got burned, and Bitcoin’s momentum isn’t slowing down anytime soon.

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BREAKING: Trump Advisor David Bailey Raises $300M for Bold Bitcoin Play — “Nakamoto” Goes Public #BTCBackto100K | #BTCtrade | #CryptoNews David Bailey, CEO of BTC Inc. and crypto advisor to U.S. President Donald Trump, has reportedly raised $300 million to launch a powerful new institutional Bitcoin investment firm — Nakamoto — according to CNBC. Named after Bitcoin’s mysterious creator, Nakamoto will receive $200M in equity funding and $100M via convertible notes. The fundraising began quietly in January, with key details emerging only now through insider sources. The plan? • Take the company public through a reverse merger with an existing Nasdaq-listed firm (official announcement expected next week) • Launch a late-summer IPO • Build an institutional Bitcoin treasury • Expand globally by acquiring businesses in Brazil, Thailand, and South Africa, funding them with Bitcoin to accelerate crypto adoption abroad The firm already has notable investors and industry advisors on board, though names have yet to be revealed. This strategy mirrors the bold playbook of Michael Saylor’s MicroStrategy, which became a Bitcoin powerhouse by converting its treasury into BTC. Nakamoto aims to do the same — but on a more international scale. By going public, Nakamoto will offer equity investors indirect exposure to Bitcoin’s price swings without holding the asset directly, a model increasingly attractive to institutions. TL;DR: Trump’s camp is doubling down on Bitcoin — and David Bailey just raised $300M to prove it.

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US President Trump: Secret Bitcoin Whale? Eric Trump Says Yes In a surprising revelation, Eric Trump confirmed that his father, President Donald Trump, holds a substantial amount of Bitcoin and strongly believes in its future. Calling Bitcoin “digital gold,” Eric predicted explosive growth for the asset and referred to their holdings as a “huge personal bet”—though he declined to disclose exact figures. The remarks come amid growing signs that Donald Trump’s stance on crypto is evolving rapidly. According to Eric, the former president sees cryptocurrency as strategically important for America, warning that if the U.S. doesn’t embrace it, China will. Trump reportedly described crypto as “very popular” and “extremely hot right now,” noting that Bitcoin showed more price stability than traditional markets during April’s volatility. Eric also revealed a major policy shift: President Trump has allegedly halted the sale of government-seized Bitcoin, issuing executive orders in March to preserve and grow the national crypto holdings instead. Rather than liquidate seized assets, the administration is said to be building a “national crypto reserve,” reinvesting funds into Bitcoin and other cryptocurrencies through forfeiture processes. Paul Atkins to Lead the SEC The interview also highlighted regulatory changes under Trump’s administration. Former SEC commissioner Paul Atkins has reportedly been appointed to lead a revamped SEC, as part of a broader effort to end the regulatory ambiguity that has long frustrated crypto investors. Meanwhile, the TRUMP token, a meme coin launched unofficially on Trump’s inauguration day, briefly reached a market cap of $75 billion within 48 hours—before crashing over 90%. Critics questioned whether Trump was indirectly profiting from the hype. President Trump has denied any involvement in the coin’s performance or distribution, stating he has no financial ties and is unaware of the specifics.

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