Trending Articles

Bookmarked and Liked

"Ethereum Bulls Wake Up: Key Signals Flash $2,000 Price Target Ahead!"

The Crypto Basic

--

#Ethereum is nearing a breakout above $1,850 as rising open interest, increasing long positions, and on-chain volume trends suggest a bottom may be forming. 

Read more on: https://thecryptobasic.com/2025/05/02/ethereum-eyes-2000-as-on-chain-metrics-signal-bottom-formation/
#CryptoNews🚀🔥V 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

684

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

The Crypto Basic

@The_Crypto_Basic

Explore More From Creator

San Francisco-based blockchain infrastructure company #Ripple has released its standard allotment of 1 billion XRP from escrow for May 2025. Ripple unlocked all 1 billion XRP from escrow in three separate transactions in the late hours of yesterday. For the first transaction, Ripple unlocked 200 million XRP ($440.52 million) at 22:28 (UTC) to one of its addresses labeled Ripple (26). The company released another 300 million XRP ($660.86 million) from escrow to the same Ripple (26) address a minute later. At 22:31 (UTC), the company unlocked another 500 million XRP worth $1.1 billion to a separate address, tagged Ripple (27). Overall, it released 1 billion XRP ($2.2 billion) from escrow for May 2025, with Ripple (26) receiving 500 million XRP in two tranches and Ripple (27) getting 500 million XRP in one transaction. At the time of publication, each address had a balance of 500 million XRP. Ripple Locks 700M XRP in May 2025 The latest transaction comes exactly 24 hours after Ripple shuffled 1 billion XRP, with 700 million of these tokens sent to escrow. As previously reported, both Ripple (26) and Ripple (27) were involved in the May 1 transaction. Specifically, Ripple (26) moved 500 million XRP to two addresses, Ripple (1) and Ripple (14), with each receiving 300 million XRP and 200 million XRP, respectively. On the other hand, Ripple (27) sent 500 million XRP to three different addresses labeled Ripple (14), Ripple (15), and Ripple (51). While Ripple (14) received 300 million XRP from Ripple (27), Ripple (15) and Ripple (51) collected 30 million XRP and 170 million XRP, respectively. Following the transactions, Ripple (14) locked 500 million XRP in escrow. Ripple (15) and (51) followed suit by locking the 200 million XRP they both received from Ripple (27) in escrow. This brings the total number of XRP locked in escrow this month to 700 million XRP. Previously, Ripple usually released its standard 1 billion XRP from escrow before re-locking 700 million back. However, the company changed this practice in recent months... #Crypto

--

#SUI is consolidating near $3.46 with strong bullish indicators. Will the dominance of long positions lead to a breakout rally toward $5.14? As Bitcoin holds its ground above the $96,000 mark, altcoins are gaining momentum. With bulls taking control, the total crypto market has reached a capitalization of $3 trillion. Among the top performers in the growing altcoin market, SUI has emerged as a standout. Currently trading at $3.46, SUI has a market capitalization of $11.61 billion. Now ranked as the 11th-largest cryptocurrency, SUI recorded a 54% increase in April. Could this strong uptrend push SUI to a new all-time high? SUI Price Analysis On the 4-hour price chart, the SUI token is displaying a consolidation range between $3.41 and $3.83. Currently positioned at the lower boundary, SUI is showing signs of a potential bounce. According to trend-based Fibonacci levels, the range boundaries align with the 0% and 23.60% levels. With a 1.42% surge in the past four hours, SUI is demonstrating bullish strength at the lower range, increasing the likelihood of a reversal. The stochastic indicator shows a bullish crossover, and the MACD and signal lines are also approaching a crossover. This would signal a trend reversal and increase the probability of SUI retesting the upper boundary. If SUI breaks out of the consolidation, the uptrend could target the 50% Fibonacci level at $4.28, followed by the ultimate price target of $5.14. On the downside, key support remains near the psychological level of $3.00. Long Positions in SUI Nears 60% As SUI holds within its consolidation range, the potential for a bullish breakout has driven an increase in long positions in the derivatives market. According to data from CoinGlass, the SUI long-to-short ratio has risen to 1.4734. This indicates that 59.57% of positions in the past four hours have been long. With leveraged long positions increasing, SUI may be poised for a price surge. Notably, SUI’s open interest has climbed by more than 6%, reaching $1.55 billion, while the funding rate has risen to 0.0159%.. #CryptoNewsFlash

--

The best is yet to come for #Dogecoin this bull cycle, according to a prominent market analyst, who predicts an over 2,000% rally to unprecedented prices. Market watcher Kevin shared a Dogecoin price update in a May 1 analysis amid recent positive trends. The analyst highlighted that the leading meme coin has shown strong bullish traction, citing catalysts that would propel a parabolic expansion to $3.943. Notably, the analysis comes when Dogecoin, the largest meme coin by market capitalization, is starting to find its footing. DOGE surged 15% last week and is up an impressive 38% from April’s low of $0.129. Indicators Look Good Kevin noted that Dogecoin has defended the macro support at the 0.382 Fibonacci extension, currently at $0.138. The support was initially a resistance trendline on the monthly timeframe, which the token broke above following its November rally. Notably, DOGE retested an ensuing wedge on the chart and has since bounced from the region to its current price. The market watcher insists that the prominent meme coin’s current price presents a phenomenal risk-to-reward opportunity. According to the commentary, Dogecoin has yet to resume its super trends on the monthly chart, and its relative strength index (RSI) is at the same level as when it traded at $0.0011 years ago. As a result, Kevin suggests that Dogecoin has a “ton of room to run to the upside.” Specifically, he predicted an upward trajectory to the 1.618 macro golden pocket, a Fibonacci extension that DOGE has typically peaked at in all previous bull cycles. Interestingly, the level correlates with a price target of $3.94, an over 2,087% uptick from its current trend. #CryptoNewsCommunity

--

"$42B Strategy Revealed: New Plan to Expand Bitcoin Holdings!"

--

#Ripple recently moved 1 billion XRP in its monthly rebalancing exercise, sending a large portion of the tokens to escrow with no May 2025 escrow release yet. The transactions, which occurred across six Ripple addresses, were part of what has become the standard procedure of the company over the past few months. Notably, in recent times, Ripple has persistently re-locked tokens before the usual escrow unlocks. Two Ripple Addresses Move 1B XRP to Four Different Wallets For this month, the firm first moved 500 million XRP in the late hours of May 1 using its Ripple (26) address. Notably, Ripple (26) distributed the 500 million tokens across two recipient addresses. Specifically, it sent 300 million XRP to Ripple (1) at 22:54 and then moved 200 million XRP to Ripple (14) at 22:55. Shortly after this initial series of transfers, the company used another address, Ripple (27), to shuffle an additional 500 million XRP. In particular, Ripple (27) transferred 300 million XRP to Ripple (14) at 22:56. Recall that Ripple (14) already received 200 million XRP tokens from Ripple (26) during the first batch of transactions. Meanwhile, after the transfer to Ripple (14), the second sending address, Ripple (27), moved 30 million XRP to Ripple (15) at 22:57 and then sent an additional 170 million XRP to Ripple (51). This brought the tokens transferred by Ripple (27) to 500 million XRP. Summarily, Ripple (26) and Ripple (27) moved a total of 1 billion XRP tokens. Of this figure, Ripple (1) received 300 million tokens, Ripple (14) received 500 million XRP in two transfers, Ripple (15) received only 30 million XRP, and Ripple (51) received 170 million XRP. Ripple Locks 700M XRP in Escrow The company then proceeded to lock up some of these tokens and hold the rest. Particularly, Ripple (14), which received 500 million XRP, locked up all the tokens in escrow at 23:01. A minute later, Ripple (15), which received only 30 million XRP, sent all 30 million tokens to escrow. #Crypto

--

Latest News

CryptoPunks NFTs to Feature in Toledo Art Museum Exhibition

--

South Korea to Implement New Regulations on Virtual Asset Sales by Nonprofits

--

South Korean Presidential Candidates Focus on Virtual Asset Policies Ahead of Election

--

Federal Reserve's Powell Expected to Maintain Hawkish Stance

--

U.S. Senators Express Concerns Over Revised Stablecoin Regulation Act

--

Trending Articles

🎁💵Claim #PEPE daily for free! [Join Now Here > Claim Pepe

#ElonMuskReacts Elon Musk Reacts After Ray Dalio Warns Of

IRFAN ABID BUKHARI

🚨Why the iPhone Won’t Be Made in America — And Probably Nev

XRP Volume Crashes 24% to $1.78 Billion, What's Going On?

[CLAIM 1.43 BILLION PEPE 🙂‍↔️💸💸](https://www.binance.com/

Cookie Preferences

Cookie Preferences