According to Cointelegraph, XRP has experienced a significant rebound, rising over 50% in the past month after hitting a local low of $1.80. This surge is attributed to an improved risk appetite and the anticipation of an 'altseason.' However, recent technical patterns suggest potential short-term downside risks for the cryptocurrency. A double top formation near $2.65 indicates a possible trend reversal, with the pattern comprising two distinct peaks and a neckline around $2.47. Following the second peak, XRP fell below this neckline, confirming a bearish setup. This breakdown suggests a potential decline towards $2.30 if buyers fail to push the price above $2.65, signaling weakening momentum after a robust rally. XRP has also broken down from a rising wedge pattern, indicating a shift from bullish to bearish momentum. The cryptocurrency is currently testing support from the 50-4H exponential moving average (EMA). A confirmed breakdown below this support could lead to a 20% price drop to approximately $1.94. This target is derived from the height of the rising wedge pattern. The $2.00–$2.04 range is crucial as it holds significant leveraged long positions, which, if forced to close, could trigger a long squeeze, adding selling pressure and pushing the price closer to the $1.94 target. On-chain metrics, such as the Net Unrealized Profit/Loss (NUPL), indicate that XRP traders are in a 'denial' phase, expecting prices to rise despite fading momentum. Historically, this phase has preceded major corrections, as seen in 2018 and 2021. If history repeats, XRP may face further downside in the short term, aligning with the bearish technical setups of the double top and rising wedge patterns. Despite these short-term risks, XRP's long-term charts remain bullish. A potential 45% rally towards $3.69 by June is possible if a breakout from a multimonth falling wedge pattern occurs. However, if XRP falls below the wedge's upper trendline and loses support at the 20-day and 50-day EMAs, the bullish outlook could be invalidated, risking a decline towards $1.75. Long-term projections suggest targets of $5.24 and even $17, based on symmetrical triangle patterns and Fibonacci extensions. Overall, while short-term pullback risks exist, XRP's long-term charts indicate a persistent bullish bias, suggesting the rally may not be over.

15-5-2025 – Ripple’s ascent in the Middle East is carving a bold new chapter in global finance, as strategic alliances and visionary diplomacy converge to elevate its influence. The region, a crucible of economic transformation, is increasingly embracing Ripple’s blockchain innovations, with the United Arab Emirates and Saudi Arabia at the forefront. Edward Farina, a [. source: https://www.cointrackdaily.com/ripple-expands-influence-in-middle-east-as-xrp-gains-shariah-compliance-and-strategic-backing/

أفادت تقارير أن أوكرانيا تدرس إنشاء احتياطي بيتكوين أستراتيجي وطني بالشراكة مع عملاق العملات المشفرة العالمي بينانس Binance. وفى هذا الصدد فقد أكد مسؤولون حكوميون أن مشروع قانون بهذا الشأن قيد الصياغة وهو حاليًا في مرحلة الإعداد النهائية. com source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa/%d8%a3%d9%88%d9%83%d8%b1%d8%a7%d9%86%d9%8a%d8%a7-%d8%aa%d8%ae%d8%b7%d8%b7-%d9%84%d8%a5%d9%86%d8%b4%d8%a7%d8%a1-%d8%a3%d8%ad%d8%aa%d9%8a%d8%a7%d8%b7%d9%8a-%d8%a3%d8%b3%d8%aa%d8%b1%d8%a7%d8%aa%d9%8a/143801

Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million ransom demand as cyber criminals attempted to steal sensitive user data from the exchange. Cyber criminals have bribed and recruited a “group of overseas support agents” to steal Coinbase customer data to facilitate social engineering schemes such as phishing attacks. “These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” wrote Coinbase in a May 15 X post, adding that no passwords, private keys, funds, or Coinbase Prime accounts were affected. Less than 1% of Coinbase’s monthly transacting users’ data was affected by the attack source: https://cointelegraph.com/news/cyber-criminals-steal-coinbase-customer-data-20-m-ransom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin Pepe appears well-positioned to capitalize on shifting investor sentiment. BPEP tokens are currently priced at $0. 0326, with the presale set to end on May 31, 2025. Investor interest in the project has already materialized through its presale, which has raised more than $8 source: https://coinjournal.net/news/btc-holds-near-102k-as-ukraine-mulls-reserve-bill-why-investors-are-talking-about-bitcoin-pepe/

The attacker demanded a ransom to prevent the release of the information. source: https://coindoo.com/coinbase-faces-up-to-400-million-fallout-after-cyber-attack/

Odaily Planet Daily News Technical analysis shows that XRP formed a "double top" pattern near $2.65 and fell below the $2.47 neckline, indicating that it may fall to $2.30. In addition, XRP also fell below the lower edge of the "rising wedge". If it loses the $2.00-2.04 range, it may trigger a long liquidation of about $50 million, further pushing the price down to $1.94. The on-chain indicator NUPL shows that the market is in a "denial" stage, similar to the state before the sharp corrections in 2018 and 2021. Despite the short-term downward pressure, the long-term technical pattern still shows potential upside. If it successfully breaks through the upper edge of the multi-month "descending wedge", XRP may rise to $3.69 by June. (Cointelegraph)

In a recent operation, Europol, the European Union’s law enforcement agency, dismantled a transcontinental crypto laundering syndicate that laundered at least €21 million ($23. 5 million) of illegal funds across Europe, China, and the Middle East. On 13 May 2025, Spain’s National Police carried out simultaneous raids in cooperation with Europol and Eurojust in six Spanish. source: https://99bitcoins.com/news/europol-busts-23-5m-hawala-styled-crypto-laundering-scam/

According to BlockBeats, CryptoQuant has disclosed the average cost basis for Ethereum holders based on wallet sizes. Addresses holding between 100 and 1,000 ETH have an average cost of $2,225. Those with 1,000 to 10,000 ETH have an average cost of $2,196. Wallets containing 10,000 to 100,000 ETH show an average cost of $1,994. Finally, addresses with over 100,000 ETH have an average cost basis of $1,222.

15-5-2025 – Ethereum’s Pectra upgrade has ushered in a new era of wallet functionality, with the groundbreaking EIP-7702 standard at its heart. This innovation empowers everyday Ethereum wallets to harness the power of smart contracts, seamlessly blending simplicity with sophistication. Within a mere seven days of its rollout, the standard has sparked a remarkable surge, [. source: https://www.cointrackdaily.com/ethereums-pectra-upgrade-revolutionises-wallets-with-eip-7702-smart-contract-integration/

Fracture Labs has sued Jump Trading, accusing it of running a "pump and dump" scheme with DIO tokens, allegedly manipulating the token's price for profit during FractureLabs' fundraising.