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Moves

Solana OI Rises to $6.88 Billion: Big Moves Ahead?

by admin June 6, 2025

According to the latest data by CoinGlass, Solana (SOL) derivatives’ current open interest is $6.88 billion, up 4.03% from the previous day. This may indicate new people are investing in SOL, hoping its price will go higher.

In addition, $11.65 billion worth of Solana derivative contracts were traded, up over 5.46% from the previous day. This rise means that more individuals are trading SOL, which suggests that interest in this cryptocurrency is rising.

The long/short ratio is another important point; it records the trend of investors expecting SOL’s price to increase (long) or decrease (short). Currently, the figure is 0.944, so a larger number of traders are willing to put money on the price dropping.

However, on top exchanges such as Binance and OKX, it’s a very different story. The ratio on Binance is 3.1806, and on OKX, it reaches 3.111, suggesting that more traders are putting their money on the price rising.

However, liquidations have varied. During the past hour, long positions lost $1.216 million and short positions lost $6.64 million, pointing to a possible upward trend. There are also times when trends move downward. There has been a 44.84% drop in volume in the options market to $958.68K.

SOL sees short-term pullback amid active trading

Meanwhile, CoinMarketCap data shows that SOL experienced a 4.31% price decline over the past 24 hours, trading at $149.48 at the time of writing. Solana has a “Profile Score” of 66%, indicating that the platform has the potential to improve.

Source: CoinMarketCap

Watching for improvements in the network and changes in the ecosystem can help traders forecast both price fluctuations and the rate of people using the coin.

SOL price has been fluctuating between $157.50 and $148.00 these days. Hence, those focused on Solana’s DeFi and NFT activity may look at the pullback as an opportunity to get in at a cheaper price.

Solana whales have been making big moves lately. Whale Alert data showed that 661,113 SOL was moved by an unidentified wallet to another unidentified wallet.

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June 6, 2025 0 comments

GameFi Guides

Chinese Company Moves To Buy $300 Million Worth Of XRP, SEC Filing Shows

by admin June 5, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Chinese company Webus has officially declared its intention to establish a $300 million XRP treasury. The company filed a Form 6-K with the US Securities and Exchange Commission (SEC) detailing the moves it has so far made to create this XRP-focused treasury.

Webus Files Form 6-K For XRP Treasury With US SEC

A SEC filing shows that Webus has filed the Form 6-K for its XRP treasury with the Commission. The Chinese firm noted the signing of a Delegated Digital-Asset Management agreement with Samara Alpha, aimed at establishing a strategic framework for potential future digital asset treasury operations.

Webus last week announced that it was exploring a financing strategy of up to $300 million to establish an XRP reserve for supporting global payment solutions. The company intends to use available cash reserves, bank lending, shareholder guarantees, and third-party institutional-backed credit facilities from traditional banks to fund this endeavor.

The company further declared that an XRP blockchain integration has the potential to revolutionize how they handle cross-border payments for both partners and travelers worldwide. Besides Webus, Nasdaq-listed VivoPower is another company that is looking to establish an XRP Treasury.

Bitcoinist reported that VivoPower has secured $121 million in its bid to become the first public company to execute an XRP-focused treasury and DeFi strategy. As part of its move to achieve this, the company has entered into a strategic partnership with BitGo to facilitate the initial $100 million XRP acquisition for its treasury strategy.

VivoPower will use BitGo as an exclusive over-the-counter (OTC) trading desk to acquire the $100 million XRP tokens. The company will also use the crypto platform for the trading of its XRP holdings through BitGo’s 24/7 OTC trading desk and holding of its assets through the custody platform.

Odds For An XRP ETF On The Rise

Amid these developments, the odds of an XRP ETF launching this year have skyrocketed in the past few weeks. Polymarket data shows that there is a 92% chance that the SEC approves this ETF before December 31.

However, this fund is unlikely to be available before the first half of the year ends, as there is only an 18% chance of approval before July 31. The XRP ETFs will drive more institutional inflows into the XRP ecosystem, which is bullish for the altcoin’s price.

Source: Chart from Polymarket

Crypto analyst BarriC had previously predicted that the altcoin could rally to between $10 and $20 once the ETFs get approved. Grayscale, Bitwise, Canary Capital, 21Shares, Wisdomtree, CoinShares, and Franklin Templeton have all filed to offer an XRP ETF.

At the time of writing, the XRP price is trading at around $2.18, down over 2.14% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.20 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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June 5, 2025 0 comments

Crypto Trends

How to Analyze Market Moves Like a Pro

by admin June 4, 2025

Key takeaways

ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates.
Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory.
Its strength lies in augmenting, not replacing, human trading decisions, especially when paired with tools like TradingView and LunarCrush.
Limitations include a lack of real-time data and occasional prompt misinterpretation; success depends on prompt clarity and manual oversight.
Combined with external platforms, ChatGPT becomes part of a powerful hybrid workflow for retail and professional crypto traders.

In the fast-paced world of cryptocurrency, staying ahead of market trends is not just an advantage — it’s a necessity. With thousands of coins, ever-shifting prices and global economic factors influencing value in real time, crypto markets can be overwhelming to monitor and analyze. Traditional methods often fall short in speed, depth and insight.

Enter ChatGPT, an AI-powered assistant that transforms how traders and investors engage with data. ChatGPT helps users process vast amounts of information with clarity and confidence, from decoding complex charts to summarizing market sentiment.

This article explores how to use ChatGPT for crypto analysis, from generating market insights to crafting personalized trading strategies using historical data and real-time sentiment cues.

Whether you’re a beginner experimenting with your first trade or a seasoned investor managing a diverse portfolio, AI tools like ChatGPT are rapidly becoming indispensable in crypto investing.

Understanding ChatGPT’s role in crypto analysis

ChatGPT, developed by OpenAI, is a language model trained on a massive data set capable of interpreting, summarizing and generating human-like text based on input prompts. It understands patterns in data and can translate numbers, events and sentiment into actionable insights.

For crypto traders and analysts, ChatGPT can help with:

Extracting insights from technical indicators and trading metrics
Summarizing sentiment from social media and crypto news
Drafting and refining crypto trading strategies
Performing qualitative risk assessments and scenario planning
Generating conceptual price prediction scenarios based on current data and trends.

However, ChatGPT cannot predict future prices with real-time accuracy. Any forecasts or scenarios it offers are purely hypothetical and should not be interpreted as investment advice.

Even if ChatGPT doesn’t replace live data feeds or pro-level analysis tools, it boosts productivity, enhances clarity, and complements other technical and analytical platforms.

The above is an example of a user who asked ChatGPT to create a crypto trading bot that places trades when relative strength index (RSI) divergence trend lines are broken and exits on hidden divergence or 5% profit, using BTC/USDT on a 15-minute chart with a directional movement index (DMI) above 20. DMI is a technical analysis indicator that helps identify whether an asset is trending and the strength of that trend.

Step-by-step guide: How to use ChatGPT for crypto market analysis

Step 1: Define your objective

Before prompting ChatGPT, identify what you want to achieve:

Are you trying to determine if it’s a good time to enter the market?
Are you researching a specific coin or trend?
Are you designing a new trading algorithm?

Clear, outcome-focused objectives result in sharper, more relevant AI responses.

Step 2: Use clear, structured prompts

The effectiveness of ChatGPT is largely driven by the quality of your input. Be specific and concise. Example prompts:

“Analyze the recent BTC price trend using historical data and moving averages.”
“Summarize Ethereum sentiment from X, Reddit, and crypto news articles for the past week.”
“Generate a scalping strategy using RSI, MACD, and 15-minute chart intervals.”

For example, ChatGPT was tasked with designing a bot to trigger trades only when the RSI dropped below 30 and the moving average convergence/divergence (MACD) showed divergence. It not only generated the Pine Script logic but also recommended adding volume filters to reduce false signals.

The above script looks for strong buying opportunities when the market is oversold and momentum starts to shift upward. It checks if the price has recently hit a low, momentum (MACD) is improving, and RSI is very low, then it signals a potential bounce by placing a buy order.

Step 3: Analyze technical indicators

ChatGPT can break down indicators like relative strength index (RSI), Bollinger Bands, Fibonacci retracements, moving average convergence/divergence (MACD) and more. Although it cannot access real-time charts, you can input data points such as:

ChatGPT will interpret the technical conditions and provide logical explanations for what those signals may mean.

Step 4: Evaluate market sentiment

Crypto markets are highly influenced by sentiment. Fear, hype and FOMO can drive price action more than fundamentals. ChatGPT can help assess the emotional tone of the market by analyzing user-provided summaries or scraped content:

Here’s ChatGPT’s response:

Step 5: Backtest trading strategies (conceptually)

While ChatGPT isn’t designed to perform statistical backtesting, it is good at conceptual validation. You can describe a strategy and ask it to walk through how that strategy would have performed under different historical conditions:

ChatGPT will simulate the outcomes (as in the image above) based on historical assumptions and explain the strengths and weaknesses. Still, for numerical accuracy, this should be cross-checked using actual backtesting software.

Step 6: Simulate scenarios and predictive outcomes

Predictive analysis is where ChatGPT could shine as a strategic advisor. Traders can input hypothetical scenarios and request implications:

When asking ChatGPT, it responded that if US inflation spikes to 8% and interest rates rise by 1.5%, Bitcoin (BTC) could face short-term bearish pressure due to reduced liquidity but may gain long-term appeal as an inflation hedge.

It is important to understand that ChatGPT could give speculative insights based on historical logic and sentiment patterns, not real-time or statistically driven predictions.

Examples prompts for ChatGPT-powered crypto trading

The quality of your prompts defines the quality of insights you’ll get. Below are well-rounded examples tailored for active traders, combining technical, onchain and sentiment analysis:

Build a swing trading strategy for XRP (XRP) using RSI < 30 and MACD. Include stop-loss and take-profit guidelines.
Generate a weekly market summary for BTC, ETH and SOL, including price action, volume changes and major news catalysts.
Compare recent onchain trends between Polygon and Avalanche. Focus on active addresses, gas fees and total value locked (TVL).
Project DOT price movement over the next 90 days, assuming Polkadot ETFs are approved. Consider market sentiment and historical ETF launch effects.
Summarize recent stablecoin-related regulatory changes in the EU and US and explain how they might affect DeFi protocols and centralized exchanges.

These prompts provide examples for traders who want to use AI to support their research and analysis. While helpful for speeding up insights, they should not be relied on for making final trading decisions.

Benefits of using ChatGPT in crypto trading

ChatGPT for crypto traders is a dynamic extension of your toolkit, whether you’re evaluating crypto signals, backtesting logic or summarizing trends. It empowers crypto traders by offering:

Accessibility: No coding experience needed. Anyone can ask smart questions and receive detailed answers.
Speed: Generate comprehensive analysis, strategy templates or summaries in seconds.
Customization: Tailor every response to your specific needs, from swing trading to long-term hodling.
Adaptability: ChatGPT can shift between fundamental, technical and sentiment-based perspectives.
Automation: With integrations, ChatGPT can be built into bots or dashboards for continual analysis.

Limitations of ChatGPT

Despite its power, ChatGPT has some limitations you should be aware of:

No real-time data: Unless connected to APIs or plugins (in advanced ChatGPT versions or via third-party tools), ChatGPT cannot fetch live prices or charts.
Not licensed financial advice: ChatGPT offers general guidance, not professional investment advice. You should never rely solely on AI-generated output for financial decisions.
Prompt quality matters: The AI is only as good as the input it receives. Clarity and detail are critical.
No quantitative accuracy checks: It cannot verify data correctness without validation from external sources or live APIs.

Integrating ChatGPT with other crypto tools

To unlock ChatGPT’s full analytical potential, it helps to pair it with specialized platforms that deliver real-time data, visual analysis and automation.

The following tools serve as critical extensions that enhance ChatGPT’s interpretive power:

Real-time market feeds: Use CoinGecko, CoinMarketCap or Messari to supply ChatGPT with current market stats via manual input or APIs.
Charting platforms: Extract RSI, MACD and other indicators from TradingView, CoinGlass, Glassnode or CryptoQuant for ChatGPT to interpret.
Onchain and sentiment analytics: Feed data from Santiment, Nansen or LunarCrush into ChatGPT to analyze wallet flows, token velocity and sentiment trends.
Automation tools: Use Zapier, Make or Python bots to trigger ChatGPT workflows based on alerts or price actions.
Advanced plugins (Pro): Extend ChatGPT’s capabilities with plugins like Link Reader to fetch real-time info directly.

By combining ChatGPT’s pattern recognition and synthesis with the precision of crypto tools, you create a hybrid analysis stack that’s AI-assisted, data-driven and ready for action. But always remember, AI insights should guide, not replace, critical thinking and due diligence.

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.

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June 4, 2025 0 comments

GameFi Guides

Tether Moves $1,107,371,328 Bitcoin, CEO Breaks Silence

by admin June 3, 2025

Earlier today, 10,500 BTC — worth over $1.1 billion — was moved from Bitfinex’s hot wallet to a new Bitcoin address. On its own, the transaction would have caught people’s attention. But when Tether CEO Paolo Ardoino confirmed that the transfer was part of the pre-funding for SoftBank’s entry into Twenty One Capital (XXI), the quiet flow of recent on-chain activity snapped into context.

This was not a one-time thing. In the last 48 hours, a bunch of high-value Bitcoin transactions — 14,000 BTC; 4,812 BTC; 7,000 BTC and another for 917 BTC — have been sent to new wallets, and they are all linked to the same project. In total, around 37,229 BTC have moved, which is just under $4 billion at today’s price.

Can XRP fall back to $2.20? Ripple foundation making moves

by admin June 1, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP could hit $11 in coming years as Unilabs gains traction with a $0.051 token and a revenue-sharing model.

Egrag Crypto has issued a highly positive XRP price prediction. The crypto trader says that Ripple’s Foundation token could hit $11 in the next few years. This outlook is fueled by growing hopes for a spot ETF.

While big players eye XRP, retail investors are shifting to Unilabs for quicker, steadier gains. The fund’s token, UNIL, is priced at just $0.051 and is gaining attention fast. What sets it apart is its revenue-sharing model.

Unilabs gives 30% of its earnings back to token holders through dividends. This rewards early buyers and builds long-term value as the fund grows.

XRP price prediction: Can Ripple Foundation hold $2.27 as regulatory uncertainty settles in?

Ripple’s XRP is testing key support near $2.27 after falling from $2.65. This drop has weakened short-term bullish sentiment for XRP’s price prediction. If the token breaks below this level, losses could extend toward $2.07 or even April’s low at $1.61. The 100-day EMA is also under pressure, adding to the risk.

Alongside price struggles, Ripple Foundation faces regulatory uncertainty. On June 5, the SEC will host a major digital assets conference. Ripple Foundation has already sent a letter urging the SEC to modernize outdated crypto laws, especially for secondary market transactions.

The company wants clear rules for developers and investors, especially in a project’s early stages. SEC Commissioner Hester Peirce has raised the key issue: when does a digital asset stop being an investment contract?

Until the SEC offers real answers – rather than just enforcement – markets will likely stay cautious. Ripple Foundation may need regulatory clarity and stronger momentum to create a better XRP price prediction.

Technical outlook: A cliffhanger for XRP’s price prediction

Ripple Foundation’s token is on edge. The MACD flashed a bearish crossover on May 20, and the RSI has dropped below 50, signaling increased selling pressure. The chart shows a bear flag forming, hinting at a possible 55% fall to $1.00 if support gives way. Still, the SuperTrend holds at $2.17, acting as a key support zone.

Zooming out, the longer-term view offers hope. A falling wedge is close to completion. If XRP’s price prediction breaks above $2.42 and clears the wedge, it could target $3.40. The RSI rising from 31 to 47 shows that buyers are slowly coming back.

XRP is at a critical point. Bulls need to defend key levels to avoid a breakdown. A move higher could shift momentum fast.

ETF buzz adds fire to Ripple Foundation’s bullish outlook

The biggest wildcard for XRP’s price prediction right now is a spot ETF. The SEC has started reviewing WisdomTree’s XRP Trust, kicking off a 240-day window with 21 days for public comment.

This news sparked major excitement in the XRP community. On Polymarket, approval odds jumped to 84%, up from 63% last month. Bloomberg analysts put the chances at 85%.

A green light could bring in waves of institutional cash. XRP might break past $3 quickly, with $8 in sight for 2025. Some even see $50 down the line if giants like BlackRock jump in and invest in Ripple Foundation.

Unilabs reshapes the $500 billion asset management market

Unilabs is changing how asset management works. It cuts out human mistakes and uses smart AI instead. At the core is EASS, an algorithm that checks new crypto projects using clear performance and risk data. It doesn’t just look for growth – it also avoids weak assets, making investing safer and smarter.

This AI also powers the Unilabs Launchpad. It scans tons of new projects and highlights the best ones with strong potential. That gives investors early access to high-quality opportunities they might otherwise miss. The goal is simple: trust, speed, and long-term value.

Unilabs now manages over $30 million. It spreads funds across four areas – AI, Bitcoin, RWAs, and mining – so investors can pick what suits them best.

To make trading easier, Unilabs built the Cross-Chain Trading Hub. It connects multiple blockchains without risky bridges. This means faster, safer trades. With its smart tools and clear structure, Unilabs helps users find, back, and grow the best DeFi projects with confidence.

Get to know more about Unilabs by visiting the official site and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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June 1, 2025 0 comments

Crypto Trends

Bitcoin Big Money Moves: Whale Wallet Addresses Increase Sharply Post-BTC Rally To New Highs

by admin May 29, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Following a sudden wave of volatility that caught the general crypto market off guard, the Bitcoin price, which had recently hit a new all-time high, has now declined to the $107,000 threshold. However, BTC’s recent rally to a new high has since triggered heightened interest in the flagship digital asset, as evidenced by a sharp increase in the count of major investors.

Large Bitcoin Investors’ Interest Soars

In the wake of Bitcoin’s explosive rally to a new all-time high, a notable performance has been observed among BTC whales, also regarded as seasoned investors. During this period of bullish movements, these large investors have steadily increased in size and accumulation of the digital asset.

The sharp increase in whale participants was reported by Santiment, a leading market intelligence and on-chain data platform, in a recent post on the X platform. According to the on-chain platform, this bullish behavior is mainly seen among whale wallet addresses holding between 100 BTC and 1,000 BTC.

Data from the platform reveals that the number of these big wallet addresses has grown by an additional 337 wallets in the past 6 weeks, indicating a resurgence of robust confidence and accumulation by high-net-worth investors. This kind of euphoria among big investors often implies a bullish short-term outlook for BTC’s price.

BTC whales are accumulating more coins | Source: Santiment on X

It is essential to note that no wallet tier has been more closely correlated with cryptocurrency markets over the last five years of Bitcoin’s existence than the actions of whales holding between 100 and 1,000 BTC. The increase in large-holder wallets suggests that long-term investors and institutional players may be positioning themselves for further growth, which could support the next phase of the ongoing bull market.

Santiment’s data further shows that these investors have massively accumulated BTC in the past 6 weeks. During this period, the cohort has purchased over 122,330 BTC, suggesting a strong conviction in the flagship asset’s long-term prospects.

Historically, it is shown that a surge in whale presence and buying activity has preceded significant market movements. As a result, this development might play a crucial role in BTC’s next major move.

A Rise In Optimism Among BTC Whales

Since Bitcoin gained traction, whales have been returning to the market at a noticeable rate. Glassnode, a leading data analytics platform, also reported a similar bullish trend among larger investors, particularly wallet addresses holding 1,000 BTC or more.

According to the on-chain platform, the cohort is increasing again after declining in late April. Data shows that the number of these large investors has reached 1,455 entities even as BTC’s price surged to a new all-time high days ago.

Another indication that large investors are becoming extremely bullish about BTC once again is the rise in long positions. João Wedson asserted that whales are starting to go long compared to retail investors currently, as the asset hovers above the $107,000 level.

BTC trading at $107,826 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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May 29, 2025 0 comments

Gaming Gear

Desktop Survivors 98 is an action roguelike that moves at the speed of your mouse, which is to say pretty fast

by admin May 25, 2025

Desktop Survivors 98 – Official Announcement Trailer – YouTube

Watch On

I quite like the whole action roguelike genre that built up around games like Binding of Isaac and Nuclear Throne and metamorphosed into a whole new thing with the explosive birth of Vampire Survivors.

The latest one to catch my attention is Desktop Survivors 98, a retro explosion of lookalike Windows 98 assets and motifs that has you spraying arcs of solitaire cards and blasting stuff out of the recycling bin and making your cursor shoot more, other cursors.

It’s basically the game you imagined the desktop was when you were younger and more bored and clicking around because this particular computer at school or work or grandma’s doesn’t have any games on it and it certainly isn’t going to survive you trying to install/download/run/browse any.

Volatile moves in SHIB, DOGE highlight market uncertainty: Is Codename:Pepe poised to capitalize?

by admin May 25, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

SHIB and DOGE’s unpredictable moves are stirring curiosity, with Codename:Pepe emerging as a new player.

The crypto world is buzzing with the unpredictable moves of SHIB and DOGE, capturing the attention of market watchers. These erratic shifts have left investors unsure, creating an environment ripe for a fresh player with potential. Enter Codename:Pepe, an emerging project promising to use unique AI tactics to help secure impressive profits amidst the meme coin frenzy.

Codename:Pepe aims to stand out by utilizing artificial intelligence to decode market trends and offer savvy trading insights. Modeled after the legendary PEPE coin, it aspires to gain a similar success trajectory. This unique project could capitalize on current uncertainties, attracting those keen on exploring new opportunities in a rapidly evolving landscape.

Is Codename:Pepe the next top 10 memecoin?

In a crypto world oversaturated with empty AI promises, Codename:Pepe cuts through the noise. This project doesn’t just slap “AI” on its homepage — it builds around it, using real artificial intelligence to scan social trends, analyze on-chain data, and deliver actionable insights to meme coin traders.

With Pepe the Frog as its iconic mascot, Codename:Pepe taps into crypto culture’s viral core while offering something few meme coins dare to: actual utility.

What makes Codename:Pepe stand out?

Codename:Pepe isn’t here to ride the hype, it’s engineered to hunt alpha. Here’s what sets it apart:

AI trend-tracking to spot breakout tokens before the crowd
Real-time data analysis for smarter trades
Insider-style forecasts based on deep data mining
Early signal alerts to give holders a first-mover edge

And soon, Codename:Pepe will unleash an automated AI trader — a bot designed to execute trades autonomously, aiming to generate passive income from real market patterns, not speculation.

The Power of AGNT: Codename:Pepe’s native token

At the heart of this ecosystem is AGNT, an access pass to:

A private DAO where investors vote on strategies and manage portfolios
Premium tools, staking perks, and AI-generated analytics
An AI-powered launchpad for new token releases

Currently, AGNT is in its 20th presale stage, priced at $0.023809 — with the final stage set to hit $1. That’s over 40x potential upside for those who are early.

Audited, trusted, and meme-tested

Security matters — and Codename:Pepe has already passed an audit by Pessimistic, one of the most trusted blockchain security firms. While many memecoins collapse under their own hype, this one is built on solid tech — and meme magic.

Could Codename:Pepe break into the memecoin elite?

With a bold vision, real AI infrastructure, and early community momentum, Codename:Pepe isn’t just another token — it’s a contender. The blend of humor, data, and decentralized ambition positions it to become one of the Top 10 memecoins of this cycle.

From meme to mainstream: Shiba Inu’s future potential

Shiba Inu (SHIB) has gained 4.65% in the past week and 14.20% over the past month. This recent upward trend suggests growing interest in the token.

Despite these gains, SHIB is still down 40.24% over the past six months. The current RSI of 55.34 indicates moderate buying pressure, which could support further price increases.

The price is currently between $0.00001344 and $0.0000171, nearing the resistance level at $0.0000192. If SHIB breaks this resistance, it could see additional gains. The support level is at $0.00001188, which, if breached, may lead to a decline.

Based on recent performance and RSI data, SHIB may rise toward the resistance level. Breaking above $0.0000192 could result in further percentage gains. However, the significant six-month decline shows volatility remains. The coming days will be crucial in determining SHIB’s price direction.

Dogecoin gains 37% this month: What’s next?

Dogecoin is currently trading between $0.21 and $0.25. Over the past week, its price has increased by 12.02%. In the past month, it has surged by 37.00%. However, over the last six months, the price has decreased by 42.97%.

The Relative Strength Index (RSI) stands at 55.52, indicating neutral momentum. This suggests there may be room for further price appreciation before reaching overbought levels.

Dogecoin’s nearest resistance level is at $0.28. If the price climbs to this point from the current range, it could see gains of up to 33%. The nearest support is at $0.19. A drop to this level would represent a decrease of up to 24%.

Given the recent positive momentum, Dogecoin may continue its upward trend toward the resistance level. A break above $0.28 could signal further growth. Traders are watching these key levels closely to see where the price heads next.

Conclusion

Recent price swings in SHIB and DOGE suggest limited potential for significant short-term gains. These cryptocurrencies may not offer the rapid returns that investors are seeking in the current bullish market.

In contrast, Codename:Pepe crypto introduces true intelligence aimed at maximizing profits. By leveraging advanced AI to analyze trends and execute trades, it presents a promising opportunity for investors looking for substantial growth beyond traditional memecoins.

To find out more about Codename:Pepe, visit the website, Telegram, or X.

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May 25, 2025 0 comments

NFT Gaming

Bitcoin’s Current Trend Echoing Past Cycle Moves After Making History – Here’s How

by admin May 24, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a historic moment for the broader crypto market, Bitcoin has set a new landmark in its price dynamics by hitting a fresh all-time high after a remarkable performance in the past few days. This notable movement is believed to be aligning with the last bull cycle moves, reflecting the current trend’s strength.

Familiar Trend Observed In Bitcoin’s Upswing

Bitcoin’s ongoing upward trend does not seem like it’s coming to an end anytime soon. A recent report from Alphractal, an advanced on-chain data and investment platform, shows that the flagship asset has broken its all-time high for the third time in this cycle, reflecting the robust strength of the ongoing rally.

According to the analytics platform, this recurring milestone has prompted fresh comparisons to the previous market cycle, in which similar breakout sequences signaled the beginning of further parabolic movements. With BTC charting a course that mirrors past bull cycle runs, it increases the possibility that the ongoing uptrend might be far from over.

Data from the Bitcoin ROI Per Cycle, a key metric that measures BTC’s overall performance each cycle, reveals that the asset has increased sharply by over 600% since its low in November 2022. However, this notable growth is still significantly behind compared to past bull market runs that preceded rallies in the thousands range.

BTC’s cycle performances over time | Source: Alphractal on X

In the previous cycle, particularly between 2019 and 2021, BTC recorded more than 2,000% growth, whereas in the 2015- 2017 bull market cycle, the asset experienced an 8,500% rally all the way to the top.

Looking at the chart, each cycle seems to have performed less than the previous ones. The trend suggests that even though Bitcoin’s rally has not finished yet, it is likely to record gains lower than the last cycle.

In addition to the deteriorating performance, Alphractal highlighted that the flagship asset has never before reached a new all-time high after several months of separation throughout a single bull cycle. This marks a noticeable shift in its dynamics as the market grows more complex and necessitates the use of robust metrics and intelligent data to comprehend and predict new developments.

No Sign Of Profit-Taking In The Current Surge

While BTC has risen sharply to new all-time highs, selling pressure has greatly reduced as investors choose to hold on to their coins, capitalizing on the ongoing rally. Glassnode, a leading on-chain analytics platform, reported a massive drop in profit-taking amid strong spikes, reflecting growing conviction in the asset’s short-term prospects and a continued uptrend.

After hitting a new all-time high, the total profit-taking volume dropped to approximately $1 billion. Interestingly, this volume is less than half the amount realized when BTC initially reached $100,000 last December, which was $2.1 billion. Glassnode noted that the profit realization was much more subdued despite a higher price.

BTC trading at $111,004 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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May 24, 2025 0 comments

GameFi Guides

Myriad Moves: Bitcoin Price Predictions and Eyes on Coinbase Hack Bounty Prize

by admin May 22, 2025

In brief

Bitcoin just marked a new all-time high, but Myriad users are now betting whether it’ll top $115K by EOD Sunday.
Predictors don’t expect Coinbase to pay out any of its $20 million hack bounty before June 15.
The final “Mission: Impossible” movie is hitting theaters, and its estimated opening weekend haul is below the Myriad line.

Everyone’s got an opinion, and prediction markets have become one of the most popular ways for users in crypto to share theirs—and maybe make some bank on it.

On Myriad Markets, users are able to predict event outcomes on markets across lots of different fields, like predicting the price of Bitcoin or the winner of the NBA Championship. And there are plenty more options beyond crypto and sports, including politics, culture, and gaming.

What’s generating interest on Myriad this week? Here’s a look at some of the most active markets, with helpful context about what might be driving current predictions.

(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

Bitcoin price above $115K on May 25 at 11:59pm UTC?

Market Open: May 21
Market Close: May 25
Volume: $10.1K

After a downtrend that sent Bitcoin spiraling to around $75,000 in early April, the top crypto asset has stormed back, making new all-time highs above $111,000 in the process.

Now, a new flash market on Myriad asks predictors whether or not it can rally above $115,000 in the next few days. Will records keep being set?

So far, predictors think not, giving “yes” just a 25.8% chance despite BTC picking up 2.5% in the last 24 hours and sitting just 3.4% away from $115,000.

Those odds are up since the market opened, however, up from the 16.6% “yes” odds reflected at the low point on Wednesday afternoon. As Bitcoin sustained its rally into Wednesday evening and early Thursday morning, prediction volumes have pushed to around 26%.

Blockstream CEO and longtime Bitcoiner Adam Back recently told Decrypt that he believes Bitcoin will hit between $500,000 and $1 million this cycle, and other analysts see runs to $200,000 and beyond. So are “no” predictors short Bitcoin, or merely think the “digital gold” has rallied hard enough of late, gaining more than 25% in the last 30 days?

What’s Next? Bitcoin is holding its own above $111,000 so far, needing a gain of just a few more percentage points in order to reach $115,000.

Will Coinbase pay any part of the $20 million hacker bounty before June 15?

Market Open: May 21
Market Close: June 14
Volume: $2.4K

Active crypto users were discouraged to learn that leading American exchange Coinbase suffered a major customer data breach, as disclosed last week, impacting more than 69,000 customers over the span of months.

The hackers demanded $20 million in ransom as they attempted to blackmail the firm, but Coinbase pushed back, instead offering a $20 million bounty to the public for information leading to the arrest and conviction of the attackers.

Myriad’s prediction market asks whether or not Coinbase will pay any of that bounty by June 15 as users rush to gain more information about the breach, potentially finding the culprits in the process.

As of Thursday morning, predictors strongly believe that no payments will be made before June 15 with odds of “no” sitting around 74.5% or about where they have been since shortly after the market opened.

Those odds stand despite the fact that a suspected actor in Coinbase-related social engineering scams trolled notable pseudonymous on-chain investigator ZachXBT in an Ethereum transaction’s input data, calling him a “L bozo.”

The investigator was quick to identify North Korea’s association with the $1.4 billion ByBit hack earlier this year, earning himself more than $31,000 in ByBit’s bounty program within just a few days. He’s also been involved in numerous other efforts to identify crypto attackers, leading to arrests and convictions.

Can he or others do it again?

What’s Next? Suspected Coinbase attackers are now trolling on-chain, perhaps suggesting cockiness or confidence they won’t be caught, though it’s not clear whether this particular troll is connected to the recently disclosed attacks. But will the additional data trails help lead to their downfall?

Will ‘Mission: Impossible’ gross $95 million in revenue in its U.S. opening weekend?

Market Open: May 20
Market Close: May 22
Volume: $3.83K

Another Tom Cruise movie is gracing big screens this weekend, opening Friday in more than 3,800 theaters across the United States.

The question for predictors is whether “Mission: Impossible – The Final Reckoning,” the eighth film in the long-running action series, will gross at least $95 million in its four-day opening stretch—a holiday weekend in the United States.

Thus far the market thinks not, with odds of “no” jumping around 10% since Wednesday afternoon to around 78% at the time of writing.

According to Deadline, the film’s greatest comparison is previous entry “Mission: Impossible – Dead Reckoning,” which brought in more than $120 million in “like-for-like markets at today’s opening rates” when it opened in 2023.

Still though, the Hollywood news site expects the latest film starring Cruise as Ethan Hunt to bring in around $75-$85 million domestically, below the Myriad prediction line. That falls in line with Screen Rant’s expectation of around $80 million, or around 19% below the Myriad number.

Even with Box Office Pro estimating a potential record-breaking box office weekend, it still sees the latest, and potentially last Mission: Impossible film falling well below the $95 million mark.

What’s Next? “Mission: Impossible – The Final Reckoning” will debut in U.S. theaters on Friday.

Edited by Andrew Hayward

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May 22, 2025 0 comments