In an effort to enhance security for the cryptocurrency industry, the French government said it will provide increased protection for crypto entrepreneurs and their families. Crypto Entrepreneurs to Receive Safety Briefings In a move to protect the crypto industry, the French government said it will now provide enhanced security to cryptocurrency entrepreneurs and their families. […]

France to Boost Security for Crypto Entrepreneurs Amid Kidnappings

Onchain data shows that over $40 billion worth of XRP has been moved over the 
last week, which puts the altcoin on the edge. Specifically, these coins were 
transferred to exchanges, which indicates that XRP is at risk of a massive 
sell-off. Over $40 Billion XRP Moved To Exchanges CryptoQuant data shows that 
over $40 billion has been moved to Binance this past week, with the exchange’s 
reserves surging during this period. This development is usually bearish as it 
indicates that investors are looking to offload their coins. This comes as the 
XRP price surged to as high as $2.6, which explains this wave of profit- 
taking. Related Reading: XRP Reaching Oversold Levels As Net Flows Turn 
Negative, What’s Next? Moreover, crypto analyst Ali Martinez revealed that 
Bitcoin whales have secured profits, selling over 30,000 BTC this week. As 
such, XRP whales may be simply mirroring this move. Meanwhile, Bitcoinist 
reported that XRP is reaching oversold levels as net flows turn negative, with 
the wave of sell-offs heightening. This selling pressure comes amid Judge 
Analisa Torres’ ruling in the Ripple SEC lawsuit, which provides a setback for 
XRP. The judge denied the parties&#8217; motion for an indicative ruling because the 
filing was procedurally improper. The ruling also sparked a massive sell-off, 
with XRP dropping over 4%. XRP risks losing its bullish setup as Martinez 
revealed that the key support zone is at $2.38, meaning that a drop below this 
level could lead to a deeper correction. However, a hold above this level 
could set the altcoin for a rally to new highs as the analyst revealed that 
there are no major resistance clusters ahead. Crypto analyst CasiTrades had 
warned that XRP’s failure to hold above the $2.69 resistance could send its 
price towards $2.30 for a reset. Altcoin Has Formed A Double Bottom Formation 
In an X post, crypto analyst Egrag Crypto revealed that XRP has formed a 
double bottom following the dip to $2.3126. He stated that the altcoin is 
still bouncing off the red descending trend line, showing resilience. The 
analyst added that the altcoin is experiencing some micro noise within the 
range between the Fibonacci 0.888 levels at $2.30 and $2.62. Related Reading: 
XRP Price Set To Continue Uptrend As Stochastic RSI Moves Out Of Oversold Zone 
His accompanying chart showed that the key is for the XRP price to hold above 
the trendline at $2.3. A bounce from this level could send the altcoin as high 
as $3.8, near its current all-time high (ATH) of $3.84. Based on its 
historical performance, Egrag Crypto still expects the altcoin’s price to 
rally to between $27 and $33 in this market cycle. At the time of writing, the 
XRP price is trading at around $2.37, down almost 2% in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Getty Images, chart 
from Tradingview.com

$40 Billion Worth Of XRP On The Move – Where Are They Headed?

XRP is currently trading at $2.35 with a market capitalization of $138.14 
billion and a 24-hour trading volume of $58.62 billion. The digital asset 
experienced an intraday price range between $2.33 and $2.43, reflecting 
notable intraday volatility amid mixed technical signals. XRP On the 1-hour 
chart, XRP shows signs of a clear pullback, with the […]

XRP Price Watch: Bulls Eye $2.60 as Long-Term Trend Holds

The crypto market continued its downward trend on Saturday, May 17, with most 
altcoins erasing some of their recent gains. Bitcoin (BTC) price dropped from 
this week’s high of $105,000 to $103,000. Some of the top laggards were Pi 
Network…

Why is the crypto market crashing, and will the bull run resume?

Bitcoin&#8217;s next explosive move could send the asset to $250,000 by the end of 
2025, according to Scott Melker, a crypto analyst and host of _The Wolf of All 
Streets_ podcast.
Speaking in a recent interview, Melker cited growing institutional interest 
and diminishing volatility as key factors that could drive the next leg up.
&#8220;250K this year, totally possible,&#8221; Melker said, adding that Bitcoin (BTC)&#8217;s 
volatility has declined significantly in recent years.
&#8220;It used to be about three times as volatile as the S&amp;P. Now it&#8217;s less than 
two times.&#8221; He pointed to increased involvement from pension funds and ETF 
issuers as evidence of a more mature, stable market.
The shift, he argued, reflects a broader trend of institutional adoption. &#8220;The 
more institutional money, the more Wall Street money, the more long-term 
holders get involved, the less volatility there&#8217;s going to be,&#8221; Melker 
explained.
_**Related: **__**New Bitcoin price all-time highs could occur in May**_
## Crypto markets show signs of strength in 2025
Market activity in 2025 has already shown signs of strength. Bitcoin surged 
past $104,000, while Ether (ETH) reclaimed levels above $2,600.
Coinbase&#8217;s addition to the S&amp;P 500 marked a major milestone for crypto&#8217;s 
integration into mainstream finance. Melker noted the company is not just 
entering the index but doing so in the top 50 by market cap &#8212; a reflection of 
how deeply rooted some crypto firms have become.
In addition to Coinbase, firms like Galaxy Digital and eToro have moved 
forward with public listings, signaling confidence in regulatory conditions 
under the current US administration.
Melker said that this environment, bolstered by dropped SEC lawsuits and 
favorable executive orders, has created what he calls &#8220;an extremely bullish&#8221; 
backdrop for the sector.
While Bitcoin remains the primary focus, Melker acknowledged a renewed 
interest in altcoins. Recent price action saw Ethereum outpace Bitcoin, 
triggering a rally across smaller-cap tokens &#8212; a sign, he said, that &#8220;new 
money&#8221; is entering the space rather than just rotating within it.
_**Related:**__**Here is why Bitcoin price is stuck below $105K**_
## Don&#8217;t rule out a wild run
Despite the optimism, Melker tempered expectations, noting that most experts 
are forecasting cycle highs between $120,000 and $150,000. Still, he 
emphasized that wild surges are not out of the ordinary in crypto.
&#8220;From the 2020 lows to the last bull market, Bitcoin went from $3,000 to 
$69,000. A 2.5x from here wouldn&#8217;t be a big deal.&#8221;
On May 16, X analytics account Apsk32 argued that Bitcoin has a &#8220;decent 
chance&#8221; of hitting $250,000 or more in 2025 as attention turns to gold copycat 
moves.
_Source: Apsk32_
On April 28, Peter Chung, head of research at quantitative trading firm 
Presto, also repeated his prediction that Bitcoin will reach $210,000 by the 
end of 2025.
On April 22, analysts from Standard Chartered and Intellectia AI said 
institutional Bitcoin demand from exchange-traded funds and traders seeking to 
hedge against macroeconomic risk could cause Bitcoin&#8217;s price to more than 
double this year.
_**_Magazine: _**__**_Binance Wallet &#8216;killing&#8217; MetaMask and airdrops, Chinese 
RWA tokens: Asia Express_**_

Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker

Pi Network price continued its downward trend on Saturday as concerns about 
its centralization and token unlocks remained. Pi Coin (PI) dropped to 
$0.7040, down by over 57% from its highest point this week. This decline in a 
volume environment…