On May 19, 2025, Ripple CEO Brad Garlinghouse revealed on X that his high- stakes meeting with Sen. Cynthia Lummis, chair of the Digital Assets Subcommittee, was abruptly canceled, sending shockwaves through Crypto X. Speculation erupted, with many pointing to Lummis’…

Ripple CEO snubbed by Lummis: XRP FUD Fuels crypto drama

On Wednesday, as bitcoin notched a new all-time high of $111,888 per coin, a 
cluster of 12 long-dormant wallets—each created over 12 years ago—collectively 
moved 300 BTC, valued at approximately $33.3 million. Long-Dormant Bitcoins 
Reappear as Price Hits $111K—$7K Stash Now Worth $33M According to 
btcparser.com stats, a growing number of so-called ‘sleeping’ bitcoin 
addresses […]

Bitcoin Ghost Wallets Awaken: $33M in BTC Moves After 12-Year Slumber

Ethereum is holding firm above the $2,500 level after weeks of strong buying 
pressure and bullish momentum, despite having lost more than 60% of its value 
since December 2024. The asset’s resilience comes at a pivotal time: Bitcoin 
has officially broken its all-time high, triggering optimism that a new phase 
of the market cycle is beginning—one that could deliver explosive gains for 
altcoins. Related Reading: Solana Multi-Year Uptrend Holds Strong – Analyst 
Sees SOL Breaking ATH This Year For Ethereum to fulfill its usual leadership 
role in an altcoin rally, it must break above current resistance zones and 
confirm a recovery structure. As price action continues to develop, analysts 
are watching closely for signals that ETH is ready to outperform once again. 
To illustrate just how deep the correction was, Sentora (formerly 
IntoTheBlock) shared a key metric: after Ethereum’s sharp sell-off that began 
in December, the share of addresses in profit plunged from over 90% to just 
32% by April 2025. The rebound since then has been remarkable, but the road to 
a full recovery is still developing. If Ethereum can maintain support and 
reclaim higher levels, the stage may be set for a broader altseason that could 
reshape sentiment across the crypto market. Volatility Grows: Ethereum Eyes A 
Breakout Ethereum bulls have regained control after a turbulent few months, 
forming a bullish price structure as the asset attempts to reclaim the $2,700 
level. The surge began with a clean breakout above $2,200, and despite recent 
volatility, Ethereum is showing signs of strength. On Sunday, ETH spiked above 
$2,550 before retracing to $2,400 in a sharp pullback. Since then, price 
action has stabilized, and with Bitcoin pushing into new all-time highs, 
Ethereum appears poised to follow. Analysts now expect a potential breakout if 
ETH can flip $2,700 into support. Momentum is building as selling pressure 
fades, and buyer confidence grows. Many view this as a key inflection point: 
if bulls sustain their push, Ethereum could reassert leadership in a market 
increasingly tilted toward altcoins. Supporting this bullish outlook is fresh 
on-chain data from Sentora. Following a brutal drawdown that began in December 
2024, the percentage of ETH addresses in profit collapsed from over 90% to 
just 32% by April 2025. Since then, the recovery has been dramatic—nearly 60% 
of addresses are now back in profit. According to Sentora, this level of 
volatility hasn’t been seen since the explosive 2017 bull cycle. If Ethereum 
continues this trend and breaks out of its current range, it may not only 
confirm a strong recovery but also spark the next major leg of altseason. 
Related Reading: Litecoin Eyes $117.50 As Price Rebounds From Key Support – 
Analyst ETH Tests Critical Resistance Ethereum is now trading at a pivotal 
level, having surged to $2,687 with a 5.3% daily gain. The chart shows ETH 
challenging its 200-day simple moving average (SMA) at $2,702, a key technical 
barrier that has historically acted as resistance. After multiple failed 
attempts to break past this level in recent weeks, today’s bullish momentum 
puts ETH on the verge of a potential breakout. The bullish structure is 
supported by strong upward volume, signaling renewed buyer interest. Notably, 
the 200-day exponential moving average (EMA), currently at $2,444, has 
provided solid support throughout May, creating a base for this upward push. 
If Ethereum decisively closes above the $2,700 region, it could set the stage 
for a rally toward $3,000 and beyond, confirming a shift in trend after months 
of bearish pressure. Related Reading: Dogecoin Momentum Fades – Analyst 
Expects $0.213 Retest However, the price is still within a consolidation 
range, and bulls must hold above $2,600 to maintain this breakout potential. 
Failure to do so may result in a short-term retracement back to the 
$2,400–$2,450 demand zone. Featured image from Dall-E, chart from TradingView

Ethereum Addresses In Profit Nearly Doubles Since April Lows  – Volatility Returns

Electric vehicle retailer Jiuzi Holdings announced plans to acquire 1,000 
Bitcoins over the next year, marking a significant pivot into digital assets. 
The company said it would fund the purchase through a mix of additional stock 
issuance and cash purchases,…

Nasdaq-listed Jiuzi Holdings to acquire 1k BTC in strategy shift

Bitcoin price remained near its all-time high after a stellar surge on May 21, 
with bulls largely in control as the market eyed price discovery. After 
hitting highs of $111,861, Bitcoin (BTC) traded to around $110,300 before 
rebounding higher. Despite…

Bitcoin sees limited profit taking with BTC price up 3.7%

Pi Network price could miss the ongoing crypto bull run as concerns around 
token sales by the Pi Foundation, centralization, and token unlocks persist. 
Pi Coin (PI) was trading at 0.8100 dollars on Thursday, slightly below this 
week’s high of…