eToro CEO Yoni Assia revealed that the company bought Bitcoin at $5 and eventually sold it for a $50 million profit, marking one of the earliest known institutional crypto bets. Speaking to CNBC following eToro’s Nasdaq debut, Assia shared that…

eToro CEO: We bought Bitcoin at $5 and made a $50m profit

XRP has re-entered a pivotal trading range against Bitcoin (BTC), stirring up 
excitement as technical signals suggest a potential breakout. This move is 
reinforcing its bullish position, highlighting three major price targets that 
could confirm a larger macro rally. XRP Sets Sights On Key Targets Against 
Bitcoin After months of consolidation, the XRP/BTC trading pair is now back 
inside a critical triangle formation, which market expert Egrag Crypto has 
identified as a key price range to watch for potential breakout or breakdown 
moves. The analyst shared a short-term XRP/BTC chart on X (formerly Twitter), 
explaining how important this price range is for the trading pair to hit new 
bullish targets and reach even larger goals. Related Reading: XRP Analyst 
Highlights Ultimate Targets And Selling Strategy As XRP Price Rebounds This 
triangle structure, dating back years, acts as a roadmap for XRP/BTC’s 
potential breakout, but only if it successfully flips certain levels into 
support. The first major target highlighted by Egrag Crypto is $0.000003033, 
which represents the upper boundary of the triangle. A decisive breakout above 
this level would signal a structural shift, confirming a possible bullish 
breakout from the narrowing wedge. The analyst&#8217;s second key target is 
$0.00003430, the local high from XRP/BTC&#8217;s last rally. This price level is 
crucial for momentum validation, as flipping this into support with strong 
volume would build strong confidence in the next upward move and show 
confirmation that it can hold above it. The third and most critical target the 
XRP/BTC pair is expected to reach is $0.00004300, which aligns with the 
Fibonacci 1.0 level and XRP/BTC’s previous cycle high. A move beyond this 
level suggests the beginning of a macro rally, unlocking access to higher 
Fibonacci extension levels, including: 1.272 Fib ($0.00007244) 1.414 Fib 
($0.00009546) 1.618 Fib ($0.00014191) 1.888 Fib ($0.00030000) The Altcoin Must 
Hold Support Or Risk Macro Breakdown While Egrag Crypto’s breakout targets 
paint an optimistic picture, the XRP/BTC LTC analysis comes with a stark 
warning of a potential crash. The analyst has raised alarm bells, warning not 
to lose the 0.618 Fibonacci level at $0.00002032. Related Reading: XRP Price 
To Break Out Of Consolidation: The Next Moonshot That Will Lead To $3 This 
support range acts as the last kind of defense for XRP/BTC’s bullish market 
structure. The analyst goes as far as to say, “Lose an arm, but don’t lose 
this range,” emphasizing the importance of maintaining this level. He further 
predicts that if the pair drops below this support level, it could see a 
decline to as low as $0.00000611. At the time of the analysis, XRP/BTC was 
trading at approximately $0.00002516, showing early signs of recovery after 
dipping below the triangle range. If bulls can defend this level and hold on 
to their upward momentum, the path toward flipping resistance levels into 
support becomes potentially clearer. Egrag Crypto has also outlined potential 
price projections for the XRP based on the bullish scenario where the XRP/BTC 
pair reaches several upper Fibonacci levels and Bitcoin rallies to key 
milestones. Featured image from Getty Images, chart from Tradingview.com

XRP Moves Into Key Range Against Bitcoin As 3 Major Targets Show Up

Solana has shown a potential deviation at the key $180 resistance level, with 
price briefly closing above before quickly falling back below. This signals a 
likely rotation toward major support near $125 if the level fails to be 
reclaimed. Solana…

Solana faces rejection at $180 resistance: eyes on $125 support

FTX plans to commence a $5 billion second distribution to eligible creditors 
on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the 
upcoming distribution via a press release on May 15. The $5 billion set for…

FTX announces $5b second distribution to eligible creditors

Europol has announced the arrest of 17 individuals involved in a criminal 
parallel banking organization that provided money laundering services across 
Europe, including the exchange of cryptocurrencies for cash. The operation, 
conducted on January 14, 2025, in Austria, Belgium, and Spain, followed 
previous successful actions against migrant smugglers. The arrested 
individuals, primarily of Chinese and […]

Criminal Banking Organization Takedown Across Europe Includes Crypto Operations

U.S. stock indices edged higher, DOW Jones was weighed down by Walmart, 
UnitedHealth losses.