XRP is trading at $2.05 with a market capitalization of $119 billion, a 24-hour trading volume of $1.22 billion, and an intraday price range between $2.04 and $2.09, reflecting a period of tight consolidation amid cautious market sentiment. XRP On the 1-hour chart, XRP exhibits an intraday downtrend, with the formation of lower highs and […]

XRP Price Analysis: Intraday Weakness Tests Key $2 Support

Dogecoin is stirring intrigue at $0.1560, with a slight 0.32% daily uptick, a 
3.20% weekly dip, and a 10.45% monthly drop, holding a $23.23 billion market 
cap. A crypto analyst, Ali, reveals that a striking 72.13% of Binance users 
are long…

Dogecoin supporters are 72% long — do they know something we don’t?

Bitcoin stumbles at Powell’s comments, Standard Chartered sees XRP soaring 
500%, altcoin market 41% drop signals possible crypto winter, and more in this 
Week in Review. Week in Review Bitcoin wavered but ultimately recovered 
following market turbulence triggered by Fed Chair Jerome Powell’s remarks. 
Meanwhile, Standard Chartered made waves by predicting XRP could soar 500% […]

Bitcoin Stumbles at Powell’s Comments, Standard Chartered Sees XRP Soaring 500% — Week in Review

Popular crypto analyst Tony Severino has shared a bold take on the current 
Bitcoin (BTC) market structure. The chartered market technician has stated 
that the Bitcoin bull market remains active unless the price falls below a 
specific level. Notably, Bitcoin saw a heavy correction after hitting a peak 
price of $109,000 in January. Over the last three months, the premier 
cryptocurrency has traded as low as $74,000, representing a devaluation of 
over 32.5%. Although there has been a notable price bounce in April, an ever- 
present market uncertainty means speculation remains abound on the viability 
of the present bull cycle. Related Reading: Bitcoin Dominance At Risk Of Crash 
To 40%, Why This Is Good For Ethereum, XRP, And Altcoins $49,000 As Key Price 
Level For Bitcoin &#8211; Here&#8217;s Why In an X post on April 18, Severino has 
identified the $49,000 price region as the make-or-break zone for the Bitcoin 
market. With the help of a weekly trading chart, Severino highlights that 
Bitcoin remains on an ascending trendline stretching as far back as Q3 2023. 
An ascending trendline represents a sustained uptrend in price action, 
typically confirmed by the formation of successive higher highs and higher 
lows. It typically demonstrates a persistent buying pressure and sufficient 
underlying demand, thus ensuring a prolonged price rally. Generally, the 
higher lows reflect the strength of an ascending trend. Therefore, any fall 
below the previous higher low undermines the bullish momentum and indicates a 
likely change in market sentiment. According to Severino’s chart, the last 
higher low on Bitcoin’s ascending trendline stands at $49,140. Therefore, this 
level represents a key support region, any price fall below which would 
invalidate the present bull run and signal a new market cycle. At the time of 
writing, Bitcoin remains in consolidation trading between $83,000 and $86,000 
as seen over the past week. The market appears to be finding stability with 
accumulation now on the rise. Amid the US 90-day pause on new tariffs, the 
likelihood of a sharp downside catalyst is relatively low. However, the 
potential for a decisive price breakout remains uncertain, as broader market 
sentiment continues to face key resistance barriers at $86,000 and $91,000 
price regions. Related Reading: Brace For Impact: Dogecoin May Plunge Before 
Skyrocketing 400%—Analyst Bitcoin Price Forecast At press time, Bitcoin is 
trading at $85,312, reflecting a price gain of 0.91% in 24 hours. 
Interestingly, the asset’s trading volume is up 19.77% and valued at $15.26 
billion. According to price prediction firm Coincodex, market sentiment among 
investors is neutral. However, there remains a significant level of caution 
with the Fear &amp; Greed Index standing at 37. In forecasting Bitcoin fortunes, 
Coincodex anticipates a full bullish market reversal with projections of 
$108,296 in five days and $111,236 in a month. Featured image from Adobe 
Stock, chart from Tradingview

Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst

Although bitcoin has remained confined within a narrow band this 
week—fluctuating between $83,268 and $85,917—and briefly dipped to $74,434 on 
April 6, some claim that the bull run may have concluded. Should the peak have 
coincided with Trump’s inauguration as the 47th U.S. President, there may be 
considerably more room for prices to decline in […]

Will a 70% to 80% Bitcoin Slide Shake out New Entrants?

Ethereum co-founder Vitalik Buterin has proposed replacing the current 
Ethereum Virtual Machine (EVM) contract language with the RISC-V instruction 
set architecture to improve the speed and efficiency of the Ethereum network&#8217;s 
execution layer.
Buterin&#8217;s April 20 proposal outlined several long-term bottlenecks for scaling 
the Ethereum network including, stable data availability sampling, ensuring 
block production remains competitive, and zero-knowledge EVM proving.
The Ethereum co-founder argued that implementing the RISC-V architecture in 
smart contracts would keep block production markets competitive and improve 
the efficiency of zero knowledge functions for the execution layer. Buterin 
wrote:
&gt; &#8220;The beam chain effort holds great promise for greatly simplifying the 
&gt; consensus layer of Ethereum, but for the execution layer to see similar 
&gt; gains, this kind of radical change may be the only viable path.&#8221;
The proposal highlights the Ethereum network&#8217;s struggle to improve throughput 
and remain competitive with next-generation monolithic blockchains such as 
Solana and the Sui networks at a time when investors are losing confidence in 
the original smart contract blockchain.
_Buterin provides numbers suggesting that implementing the proposal could lead 
to efficiency gains of 100x. Source:__Vitalik Buterin_
 _**Related:**__**Vitalik Buterin unveils roadmap for Ethereum privacy**_
## Ethereum&#8217;s scaling woes and a collapse of Ether&#8217;s price
Ethereum&#8217;s blob fees, transaction fees taken from Ethereum layer-2 scaling 
networks, dropped to a weekly low of 3.18 Ether (ETH) during the week of March 
30, according to data from Etherscan.
Using current Ether prices, the 3.18 ETH collected for blob fees during the 
period equaled approximately $5,000.
In April 2025, Ethereum network fees dropped to their lowest levels since 
2020, averaging around $0.16 per transaction.
According to Santiment marketing director Brian Quinlivan, the dramatic 
reduction in fees is due to fewer users sending transactions on the Ethereum 
base layer, opting instead to use smart contracts or one of Ethereum&#8217;s many 
layer-2 scaling solutions.
_Ethereum network weekly transaction fees declined significantly in Q1 2025. 
Source:__Token Terminal_
Ethereum&#8217;s layer-2 networks have been described as a double-edged sword that 
dramatically lowered transaction costs on the base layer but also cannibalized 
the Ethereum base layer&#8217;s revenue.
Concerns surrounding revenue generation on the base layer and the corrosive 
effects of layer-2 scaling solutions on Ethereum&#8217;s market share have driven 
the price of Ether to historic lows and could plunge Ether prices further to 
around $1,100 if investor confidence continues to wane.
_**Magazine:**__**Proposed change could save Ethereum from L2 &#8216;roadmap to 
hell&#8217;**_