Arizona Governor Katie Hobbs has approved a new law that lets the state take control of digital assets left unclaimed for three years or more. The announcement was made via a May 7 press release on the governor’s official website,…

Arizona governor signs bill to create Bitcoin and digital assets reserve fund

**Key points:**
 * Bitcoin holds on to its recent gains, increasing the possibility of a retest of the all-time high at $109,588.
 * BlackRock&#8217;s spot Bitcoin ETF records 19 days of successive inflows, showing solid demand. 
 * Select altcoins are showing strength, having broken out of their large basing patterns.
Bitcoin (BTC) made a decisive move above the psychologically crucial $100,000 
level during the week, signaling that the bulls are back in the game. Buyers 
are trying to hold on to the 10% weekly gains over the weekend.
Bitcoin&#8217;s rally has been backed by solid inflows into the BlackRock spot 
Bitcoin exchange-traded fund (IBIT). According to Farside Investors&#8217; data, the 
fund stretched its inflows streak to 19 days, with the latest trading week 
attracting $1.03 billion in inflows.
_Crypto market data daily view. Source:__Coin360_
The rally was not limited to Bitcoin alone, as several altcoins also moved 
higher. That has prompted analysts to announce the start of an altseason, with 
some predicting sharp rallies in altcoins over the next few months. However, 
not everyone believes that an altseason has started because the altcoins have 
only made modest moves compared to the massive price erosion from their 
respective all-time highs. 
Could Bitcoin break out to a new all-time high and maintain it? If it does, 
let&#8217;s study the charts of the cryptocurrencies that may move higher in the 
near term.
## Bitcoin price prediction
Bitcoin has been gradually inching toward the all-time high of $109,588, 
indicating that the bulls are in no hurry to book profits.
_BTC/USDT daily chart. Source: Cointelegraph/TradingView_
The rally has pushed the relative strength index (RSI) into the overbought 
zone, suggesting a correction or consolidation in the near term. Any pullback 
is expected to find support between $100,000 and the 20-day exponential moving 
average ($96,626). If the price rebounds off the support zone, it increases 
the possibility of a break above $109,588. If that happens, the BTC/USDT pair 
could surge toward $130,000.
Time is running out for the bears. If they want to make a comeback, they will 
have to swiftly yank the price below the 20-day EMA. If they succeed, the pair 
could plunge to the 50-day simple moving average ($88,962).
_BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView_
The pair continues to climb higher, but the bears are expected to fiercely 
defend the $107,000 to $109,588 zone. If the price turns down from the 
overhead zone, the 20-EMA is likely to act as strong support. A bounce off the 
20-EMA signals that the bullish momentum remains intact. That enhances the 
prospects of a breakout above $109,588.
Sellers will have to tug the price below $100,000 to weaken the positive 
momentum. That opens the doors for a fall to $93,000 and subsequently to 
$83,000.
## Ether price prediction
Ether (ETH) skyrocketed from $1,808 on May 8 to $2,600 on May 10, indicating 
aggressive buying by the bulls.
_ETH/USDT daily chart. Source: Cointelegraph/TradingView_
The up move pushed the RSI into the overbought territory, indicating a minor 
pullback or consolidation is possible in the near term. The first support on 
the downside is $2,320 and then $2,111. If the price turns up from the support 
levels, the ETH/USDT pair could extend the rally to $2,850 and later to 
$3,000.
The optimistic view will be invalidated in the near term if the price breaks 
below $2,111. That could result in a range formation between $1,754 and 
$2,600.
_ETH/USDT 4-hour chart. Source: Cointelegraph/TradingView_
The bulls pushed the price above the $2,550 resistance but could not sustain 
the higher levels. A minor positive in favor of the bulls is that they have 
not ceded much ground to the bears. That suggests the bulls are holding on to 
their positions as they anticipate the up move to continue. If the price turns 
up from the current level of the 20-EMA and breaks above $2,609, the rally 
could reach $3,000.
A deeper correction could begin if the price continues lower and plummets 
below the 20-EMA. That could sink the pair toward the solid support at $2,111.
## Dogecoin price prediction
Dogecoin (DOGE) soared above the $0.21 overhead resistance on May 10, 
indicating a change in the short-term trend.
_DOGE/USDT daily chart. Source: Cointelegraph/TradingView_
The rally is facing selling at $0.26, which could result in a retest of the 
breakout level of $0.21. If the price rebounds off $0.21 with strength, it 
suggests a change in sentiment from selling on rallies to buying on dips. That 
increases the likelihood of a rally to $0.31.
If buyers want to prevent the upside, they will have to pull the price below 
the 20-day EMA ($0.19). If they do that, the DOGE/USDT pair could swing inside 
a large range between $0.26 and $0.14 for a while.
_DOGE/USDT 4-hour chart. Source: Cointelegraph/TradingView_
The pair has turned down from $0.26, with immediate support at $0.22 and then 
at $0.21. If the price rebounds off the support zone, it suggests a positive 
sentiment where dips are being purchased. The bulls will then again try to 
resume the uptrend by pushing the price above $0.26.
Conversely, a drop below $0.21 signals that the bulls are rushing to the exit. 
That could pull the price to the 50-day SMA.
_**Related:**__**Ethereum to $10K &#8216;can&#8217;t be ruled out&#8217; as ETH price makes 
sharp gains vs. SOL, XRP**_
## Pepe price prediction
Pepe (PEPE) rallied sharply from the 50-day SMA ($0.000008) and broke above 
the $0.000011 overhead resistance on May 8.
_PEPE/USDT daily chart. Source: Cointelegraph/TradingView_
The rally has pushed the RSI into the overbought zone, signaling a pullback 
may be around the corner. The PEPE/USDT pair could drop to the breakout level 
of $0.000011. If the price rebounds off $0.000011, it suggests that the bulls 
have flipped the level into support. That improves the prospects for a rally 
to $0.000017 and then to $0.000020.
This optimistic view will be negated in the near term if the price turns down 
and breaks below the 20-day EMA ($0.000009).
_PEPE/USDT 4-hour chart. Source: Cointelegraph/TradingView_
The 4-hour chart shows that the bears are aggressively defending the $0.000014 
level. That could pull the price down to the 20-EMA, which is a vital level to 
keep an eye on. If the price rebounds off the 20-EMA, the bulls will make 
another attempt to shove the pair above $0.000014. If they can pull it off, 
the pair could ascend to $0.000017.
On the contrary, a break and close below the 20-EMA could sink the pair to 
$0.000011. Buyers are expected to defend the $0.000011 level with all their 
might because a slide below it may extend the pullback to the 50-SMA.
## Cosmos price prediction
Cosmos (ATOM) broke out of the large base when it closed above $5.15 on May 
10. That signals a potential trend change.
_ATOM/USDT daily chart. Source: Cointelegraph/TradingView_
However, the bears are unlikely to give up easily. They will try to pull the 
price back below the $5.15 level. If they manage to do that, the aggressive 
bulls may get trapped, pulling the price to the moving averages.
Alternatively, if buyers sustain the price above $5.15, the ATOM/USDT pair 
could pick up momentum and rally to $6.50. Sellers will try to halt the up 
move at $6.50, but if the bulls prevail, the pair could rally to $7.50.
_ATOM/USDT 4-hour chart. Source: Cointelegraph/TradingView_
The sharp rally has pushed the RSI into the overbought zone on the 4-hour 
chart, suggesting a short-term correction or consolidation. The bulls will 
have to defend the critical $5.15 level if they want to keep the positive 
momentum intact. If they manage to do that, the pair could rally to $6.60.
Contrarily, a break and close below $5.15 could pull the price down to the 
20-EMA. This is an important level to watch out for because a break below it 
may sink the pair to $4.70.
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin price inches closer to new all-time high as ETH, DOGE, PEPE and ATOM rally

Market analysts are closely watching the ongoing dialogue between U.S. 
Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, 
and China&#8217;s Vice Premier He Lifeng as both sides attempt to ease tensions in 
their prolonged trade standoff. On Sunday, Bessent and Greer noted the duo 
made substantial progress during the negotiations. Tariff Titans Face-Off Top 
[…]

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

XRP is turning heads again following an impressive show of resilience in 
recent days, bouncing from lows of $2.08 earlier this week to reclaim $2.4 at 
the time of writing. This upward momentum, now clocking over 15% gains from 
its test of the $2 support, has brought with it an interesting historical 
pattern on XRP’s daily chart. A comparison of XRP’s current price structure 
with its 2017 trajectory shows that a rare setup may be indicating a massive 
breakout is on the horizon, with a price target as high as $9. Related 
Reading: 3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play XRP 
Price Flashes 1D Death Cross Signal, But Price History Suggests A Twist On the 
surface, a death cross has appeared on the XRP daily candlestick timeframe 
chart. This sort of cross occurs when the 50-day moving average crosses below 
the 200-day moving average, and would typically be interpreted as a bearish 
sign. However, according to a crypto analyst on the TradingView platform, this 
might not be the case for XRP. A closer look at historical precedent from 2017 
suggests that this technical signal may not be as bad for XRP as it sounds. 
Back then, XRP exhibited nearly identical behavior of trading within a 
descending triangle just before the death cross occurred. That moment marked a 
deceptive shift, as XRP&#8217;s price action quickly flipped direction and exploded 
to the upside. Within weeks of the 2017 death cross, XRP went on to hit the 
1.5 Fibonacci extension zone, delivering returns in excess of 1,350% from its 
pre-breakout level of $0.23 up until its current all-time high of $3.4. XRP 
has again spent months consolidating within a tight descending triangle in the 
2025 setup leading up to the current death cross which is the first in over a 
year. Despite the bearish implications of the death cross, the parallels in 
chart structure with the 2017 pattern and timing have made this formation a 
bullish wildcard. A similar playout of the 2017 death cross rally would send 
the XRP price to new all-time highs at the 1.5 Fibonacci extension. In terms 
of a price target, the analyst noted that the 1.5 Fibonacci extension for this 
year aligns near the $9.00 price level, which would represent a 325% rally 
from XRP&#8217;s current price. XRP 2017 Price Chart: Image From TradingViewXRP 2025 
Price Chart: Image From TradingView Indicators Stay Neutral But Optimistic 
Notably, the XRP price has a neutral but promising technical outlook across 
higher timeframes. XRP holds a Relative Strength Index (RSI) of 54.799 on the 
weekly timeframe. This is mid-range and shows there&#8217;s still plenty of room to 
climb before XRP becomes overbought. The MACD reading at 0.197 indicates mild 
upward pressure, while the ADX is at 30.423. Related Reading: Taiwan Official 
Proposes Bitcoin As Part Of National Reserve Strategy At the time of writing, 
XRP is trading at $2.38. The analyst&#8217;s bullish scenario depends significantly 
on whether institutional interest aligns with the technical breakout. Featured 
image from Unsplash, chart from TradingView

XRP Flashes Death Cross From 2017 That Could Trigger 325% Rally To $9

Shiba Inu price has formed a highly bullish harmonic pattern, pointing to an 
eventual 190% surge as the burn rate soars. Shiba Inu (SHIB) coin rose to 
$0.000016 on Sunday, its highest level since February this year, and 52% 
above…

Shiba Inu price pattern points to a 190% surge as burn rate rises 234,584%

The Lido Decentralized Autonomous Organization (DAO), the entity that governs 
the Lido liquid staking protocol, has initiated an emergency vote to rotate a 
compromised oracle &#8212; a bridge that connects real-world data to blockchain 
systems.
According to members of the Lido DAO, an address belonging to the Chorus One 
oracle was compromised, and the Ether (ETH) balance associated with that 
oracle was drained in an incident still being investigated.
Lido Finance emphasized that the issue is restricted to the Chorus One oracle 
and is not system-wide. The team also said the problem was not due to a coding 
problem in any particular blockchain oracle or software.
_Source:__Lido Finance_
Chorus One added that the exploit was likely attributable to a hot wallet 
private key leak but is also setting up a new machine to ensure security 
moving forward.
The incident highlights the need for robust cybersecurity measures in 
decentralized finance (DeFi) as the world&#8217;s monetary, trade, and business 
systems move onchain in ever more complex digital systems that have large 
attack surfaces.
_**Related:**__**Mobius Token smart contracts on BNB Chain exploited, $2.1M 
drained**_
## Cybersecurity remains a critical issue for crypto and DeFi
Hacks, cybersecurity exploits, and other malicious attack vectors remain a 
major problem for crypto. As digital finance expands to encompass more 
services, attack methods become more sophisticated.
Cybersecurity firm Hacken released a report outlining the damage done by 
hacks, scams, and cybersecurity exploits in Q1 2025 and found that over $2 
billion in crypto was lost due to malicious activity.
The vast majority of the stolen funds were attributed to the $1.4 billion 
Bybit hack in February 2025, which skewed the findings of the report.
_A graphic breaking down the crypto lost to hacks, cybersecurity exploits, 
code vulnerabilities, and scams in Q1 2025. Source: Hacken_
According to the cybersecurity firm, crypto hacks were responsible for $357 
million in losses in April 2025, a significant increase from losses incurred 
in March.
Hacken CEO Dyma Budorin told Cointelegraph at Token2049 that the crypto 
industry needs to adopt more robust cybersecurity and code auditing measures 
to stem the tide of hacks and exploits plaguing the asset sector.
Cybersecurity threats in crypto have become so pronounced, particularly from 
hacking groups associated with the Democratic People&#8217;s Republic of North Korea 
(DPRK), that G7 countries could discuss the impact of the hackers and how to 
neutralize these threats at the next G7 Summit.
_**Magazine:**__**Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad 
enthusiast loses $3.6K**_