Crypto Market Enters Consolidation Phase with Focus on New Projects and Technological Innovation
On April 29, 2025, the cryptocurrency market showed interesting dynamics with several new projects and technological innovations that began to attract the attention of investors and the global community. Although Bitcoin and Ethereum still dominate the market capitalization, a number of relatively new altcoins and blockchain projects show significant growth potential. XYZVerse (XYZ) Steals Attention with Price Spikes and Active Community One of the rising projects is XYZVerse (XYZ), a token that
Bitcoin Slight Correction, RRP Soars, and Tutorial (TUT) Ready to Surge
On April 28, 2025, the crypto market showed interesting and unusual dynamics. Bitcoin (BTC) experienced a slight correction after several weeks of strengthening, with technical indicators such as RSI indicating an oversold condition that opens up the opportunity for a price reversal in the near future. Meanwhile, the altcoin Reserve Rights (RRP) recorded significant gains, becoming the focus of investors looking for new opportunities amid market volatility. In addition, the altcoin Tutorial (TUT) is at a crucial point just below the resistance level of $0.027. If it manages to break through this level, TUT is predicted to begin a strong recovery trend and potentially rise to the next resistance level at $0.039, opening up significant profit opportunities for traders who follow its movements.
TRUMP Token Surges 74% in a Week, Impact of US President's Dinner Invitation
Trump memecoin (TRUMP) surged by 74% in the last week. This happened after World Liberty Financial (WLFI) announced a dinner invitation for the token holders with the President of the United States (US) Donald Trump. As a result of this event, investors flocked to acquire the memecoin with transaction volumes reaching US$2.8 billion. For your information, Donald Trump will hold a dinner with TRUMP token holders on May 22 at Trump National Golf Club near the capital Washington D.C. He will discuss the future of crypto in the land of Uncle Sam.
Why Crypto Still Holds Great Potential to Create Many New Trillionaires
Crypto, although its market is relatively new and very popular, offers a wide-open opportunity to become billionaires or even trillionaires. Why? #1 Relatively Small Market Capitalization. Although Bitcoin is the 5th largest asset in the world, it is still relatively undervalued compared to gold. Moreover, the valuation of various Altcoins in the market is still less than $1T, providing opportunities for various Altcoins to experience significant increases. #2 Many New Narratives Emerging.
First in the World, This Sharia Bank Allows Customers to Buy Bitcoin
Ruya, the first Islamic digital bank in the United Arab Emirates (UAE), has partnered with Fuze Finance to collaborate in providing services for buying and selling crypto assets such as Bitcoin (BTC). Interestingly, Ruya's banking services are said to be in line with Islamic financial principles, where Bitcoin is compliant with Sharia, especially after partnering with Fuze, which allows users to invest or save in a halal manner. As for the UAE, since June 2024, it has received over US$30 billion in virtual assets, with a growth of 42%, which is four times higher than the regional average of 11.7%.
Justin Sun Predicts Ethereum Will Surpass US$5,000 Ahead of 10th Anniversary
Tron founder Justin Sun predicts that the price of Ethereum (ETH) will reach US$5,000 in a few months, coinciding with the 10th anniversary of the network in July 2025. This prediction is noteworthy as the current price of Ethereum is below US$2,000. On the other hand, the Ethereum Foundation will hold a global event to celebrate the anniversary, with funding support of up to US$500 per event for local communities to strengthen the ecosystem. Sun proposed that the Ethereum Foundation hold off on selling Ethereum for three years and use lending platforms like AAVE to finance operations without increasing the supply of Ethereum.