Dogecoin price forecast remains bullish following a 5% daily gain and 42.5% monthly rally as sovereign Bitcoin adoption fuels sentiment. Saudi Arabia’s Bitcoin Signal Lifts Dogecoin and Memecoin markets On May 16, Saudi Arabia’s Central Bank confirmed the purchase of 25,656 shares of Strategy (formerly MicroStrategy), a company holding over 200,000 BTC. The $10.2 million investment came during former U.S. President Donald Trump’s diplomatic visit to Riyadh and has been widely interpreted as a signal of indirect Bitcoin adoption by the oil-rich kingdom. This development, viewed as a major milestone in sovereign Bitcoin accumulation, has electrified crypto markets. Ethereum jumped 3% on Sunday to reclaim $2,550, accompanied by a trading volume surge from $12.5 billion to $15 billion. Bitcoin itself retested the $105,000 mark, buoyed by speculation that further investments from other sovereign wealth fund mirroring Saudi’s move could ignite another leg up toward new all time highs, in the... Read More at Coingape.com

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Cryptocurrency prices have spiked over the last day, but fears of a massive correction are trailing the “Sunday pump.” Amid a cautious approach by investors, crypto prices today have powered the industry to a market capitalization of $3.30 trillion, with BTC, ETH, XRP, and SOL surging. Crypto Prices Today: BTC, ETH, XRP, and SOL Continue Their Fine Run While investors expected a weekend marked by sideways trading, cryptocurrency prices defied market expectations to embark on a rally. The surge in crypto prices today left investors scratching their heads over a rally that bounced from thin air. Bitcoin led the vanguard, racking up nearly 2% over the last day to inch toward its previous all-time high. According to an X post by The Kobeissi Letter, the surge above $105,000 saw Bitcoin trade at only 3.5% away from setting a new all-time high. On the other hand, Ethereum recorded modest gains over... Read More at Coingape.com

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Solana price consolidates above $165 as bulls eye a breakout toward $184. Stable fees and Layer-1 momentum drive investor interest. Solana (SOL) Retakes $170 as Helius CEO Weighs-in on L2 Fee Debates Solana (SOL) price rebound above $170 on Sunday May 17, as sentiment shifts from Layer-2 euphoria back to Layer-1 fundamentals. Trading at $170.44, SOL price has gained 27.3% over the past 30 days, mirroring Ethereum’s 35% upswing over the same period. Solana Price Action | SOLUSDT Helius CEO Mert’s latest thread, presents a new narrative hinting that Solana’s technical and economic architecture may prove more resilient than its Layer-2 competitors like Arbitrum, and Optimism. Helius CEO Says Solana is Better than Layer L2 amid “Fee Drain” Controversy On May 13, Helius CEO Mert took to X (formerly Twitter) , negating the popular claim that L2s are draining Layer-1s of “fee alpha.” In his post, viewed over 63,000 times,... Read More at Coingape.com

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Ethereum price surged 3% to reclaim $2,550, driven by renewed investor interest following Bitcoin’s breakout and Saudi-linked institutional activity. Ethereum (ETH) Reclaims $2,550 as Bitcoin Buzz Lifts Crypto Markets Ethereum (ETH) surged 3% on Sunday, May 18, reclaiming the $2,550 level after briefly dipping to $2,462 over the weekend. The rebound reflects renewed bullish sentiment across crypto markets, led by Bitcoin’s sharp Ethereum price action, May 18, 2025 | Source: Coingecko p move above $105,700. Alongside ETH, other major altcoins including Ripple (XRP) and Solana also bounced off local lows as trading activity picked up following a relatively quiet Friday session. According to Coingecko data, Ethereum saw its 24-hour trading volume increase from $12.5 billion to $15 billion, marking a clear uptick in investor participation. The breakout above $2,551, supported by this volume surge, confirms the presence of a strong bullish catalyst driving short-term capital inflows into Ethereum and related... Read More at Coingape.com

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Wealthy cryptocurrency investors are increasingly turning to professional security services following the Coinbase hack. The hack exposed customer home addresses and account balances to hackers. The security concerns come amid a troubling rise in kidnappings targeting the crypto industry. This includes last week’s attempted abduction of a French cryptocurrency executive’s daughter and grandson. Demand for protection rises after Coinbase hack Professional security providers are seeing an increased interest from cryptocurrency investors looking for protection services even before Coinbase hack was publicly disclosed. Jethro Pijlman, managing director at Amsterdam-based Infinite Risks International, told Bloomberg that there was a clear surge in inquiries from concerned clients with substantial crypto holdings. “We’ve had more inquiries, more long-term clients, and more proactive requests from crypto investors who don’t want to be caught off guard,” Pijlman stated. His firm specializes in physical security and intelligence services for cryptocurrency holders who have become increasingly worried about... Read More at Coingape.com

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Michael Saylor has sent ripples through the cryptoverse after flashing a Bitcoin buying indicator for Strategy (formerly MicroStrategy). The incoming purchase may be an inflection point for Bitcoin price in its push to surpass its previous all-time high amid a wave of promising technicals and fundamentals. Michael Saylor Set To Buy More BTC For Strategy Strategy is showing no signs of slowing down its Bitcoin accumulation spree as company founder Michael Saylor hints at a fresh purchase. Saylor, in an X post, shared Strategy’s portfolio tracker, showing the Bitcoin price movement and the company’s purchases, a clear sign of an impending purchase. Strategy’s previous Bitcoin purchases have always preceded Saylor’s portfolio tracker post with a purchase announced within 24 hours. This time, Saylor’s caption hints at a mega purchase despite the Bitcoin price, with the company keen on extending its purchasing streak. “Never short a man who buys orange ink... Read More at Coingape.com

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As President Donald Trump’s exclusive gala dinner for top TRUMP coin holders approaches on May 22, analysis of the official winners list reveals a notable dominance of non-US investors. According to reports from CNBC and Bloomberg, the leaderboard of 220 invitees is heavily populated by wallet addresses linked to exchanges that don’t service US customers many top holders are international investors. Trump coin leaderboard shows non-US holder dominance The official TRUMP token leaderboard reveals the top 10 holders control enormous quantities of the meme coin. Many holders even use pseudonymous usernames that offer little insight into their real identities. According to the website, the top holder Sun with a VIP designation controls 1,432,003,302 TRUMP tokens. The second-largest holder, listed as “MeCo,” holds 1,391,538.19 tokens, while the sixth-ranked “Woo” possesses an even 1,000,001 tokens. Other top-10 holders include “CASE” (400,000 tokens), “GAnt” (500,034.299 tokens), and “REKT” (443,686.993 tokens). Source: Trump MEME... Read More at Coingape.com

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XRP has its sights on recovering its losses over the last week, with investors’ enthusiasm reaching a fervent pitch. Amid the belief for a near-term correction, cryptocurrency exchange BitMEX has ignited a further wave of optimism for a higher XRP price. XRP Price Targets Correction As BitMEX Teases Major Announcement After a string of languid price performance over the last week, XRP is ready to reclaim previous losses, buoyed by a raft of positives. With its upcoming market-moving announcement, the biggest tailwind behind the XRP price impending correction is cryptocurrency exchange BitMEX. In an X post, BitMEX teased a Ripple announcement expected to have far-reaching effects on the cryptocurrency markets. Details of the announcement are still under wraps, but investors are bracing for the impact of the big reveal on XRP price. “Keep your eyes peeled,” said BitMEX on X, tagging Ripple to the post. “We have some news that’s... Read More at Coingape.com

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As CERN scientists transform lead into gold, questions over the long-term value of the precious metal are dotting the financial markets. CNBC crypto trader Ran Neuner argues that Bitcoin will be the winner over bullion in the race to become the ultimate safe-haven asset. Bitcoin To Dominate As CERN Experiment Threatens Gold Scarcity CNBC crypto trader Ran Neuner has pitched his tent with Bitcoin after scientists transformed worthless lead into gold. According to an X post, the Crypto Banter founder noted that the experiment will negatively affect the value of gold and its scarce value. Last week, scientists used CERN’s Large Hadron Collider to knock out protons from lead atoms, converting them into gold. Still far from commercial use, the possibilities of lab-grown gold have triggered diverse reactions in finance, stoking fresh comparisons with Bitcoin. “This is really bad for gold,” said Neuman. “Scientists can literally recreate gold in a... Read More at Coingape.com

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Bitcoin price finds steady support at the $103,110 mark on Saturday, May 17 after Trump’s bold policy statements provided directional hints around Fed cuts and geopolitical risks. Trump’s Comments Stir Bitcoin Volatility as Rally Stalls Near $103K Bitcoin (BTC) paused its strong May rally on Friday, closing marginally lower at $103,110 after hitting intra-day highs of $103,677. The cooling momentum comes amid a flurry of updates from U.S. President Donald Trump, who reignited both macroeconomic and geopolitical discussions. Bitcoin (BTC) Price Action, May 17, 2o25 | Source: Coingecko Bitcoin traders appears to be reassessing bullish risk sentiment following his statements on Federal Reserve policy and an unexpected announcement regarding high-level talks with Russian President Vladimir Putin. “The Fed should cut rates sooner, rather than later.” Trump openly criticized Jerome Powell in a Truth Social post on Saturday, May 17, 2025. His remarks underscored renewed pressure on the central bank ahead... Read More at Coingape.com

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XRP price traded lower for a second consecutive day, slipping 2.03% to $2.36 on May 17 amid rising legal uncertainty and bearish derivatives flows. US District Judge Analisa Torres’ latest ruling in the SEC vs. Ripple case has sparked fresh doubts about XRP’s institutional clarity, while open interest and trader sentiment reflect decline in investor confidence. Could weak trading volumes trigger further downsizing over the weekend? Judge Torres’ Ruling Casts Doubt on XRP’s Regulatory Future Ripple (XRP) price tumbled to weekly lows around $2.3 on Friday after Judge Analisa Torres rejected a joint motion from Ripple and the SEC that sought clarity on the ban against institutional XRP sales. Ripple (XRP) Price Action, May 17, 2025 | Source: Coingecko The negative market reaction continued on Saturday, as Ripple price traded as low as $2.31 as the decision to uphold the $125 million settlement find now introduces fresh regulatory risks as... Read More at Coingape.com

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Ethereum price is trading down 4% on Saturday May 16, as investors book-profits in anticipation of low weekend market volumes. While key indicators reflect dominant bearish sentiment, critical trading data reflects strong buying pressure from whale traders on Binance. Can the whales hold momentum above $2,400 or will they accelerate the active retail capitulation towards $2,200? Ethereum (ETH) Dips Below $2,500 First time in 5-days Ethereum (ETH) has experienced a major dip after the US markets closed on Friday, emphasizing the role of US-based and global institutional players in the ongoing crypto market rally. At press time, Ethereum price has dipped below the $2,500, losing 4% as it traded as low as $2,457, according to Coingecko data. Ethereum (ETH) Price Action, May 17, 2025 | Source: Coingecko With ETH positing 35% on the 14-day time frame, recent reports shows that inflows from large investors was a key bullish catalyst for... Read More at Coingape.com

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Hong Kong police have dismantled a cross-border crypto laundering syndicate after arresting 12 suspects. The group allegedly laundered HK$118 million (approximately $15 million USD) through a network of over-the-counter crypto exchange shops and traditional banks. Authorities said the money came from various scams and was converted into cryptocurrency to hide its origins. Among the suspects are two important local individuals and ten mainland Chinese operatives, who are all between 20 and 42. The police discovered that the syndicate operated with shell accounts and numerous bank cards to hide illegal funds. This situation demonstrates the difficulties that authorities in the region have with stopping crypto laundering. Crypto Laundering Ring Busted in Hong Kong On Thursday, the Commercial Crime Bureau executed a raid on multiple places in Hong Kong. The police found over HK$1.05 million in cash, over 560 ATM cards, various electronic devices, and financial documents. Shirley Kwok Ching-yee, the city’s... Read More at Coingape.com

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US President Donald Trump has taken swipes at Fed Chair Jerome Powell over a sluggish stance toward interest rate cuts. In his latest salvo, Trump labeled the Fed Chair as “too late Powell” amid heightened calls for the Fed to slash interest rates. Donald Trump Denounces Jerome Powell For Failing To Cut Interest Rates Amid the calls for the US Federal Reserve to cut interest rates, US President Donald Trump has waded in to criticize Fed Chair Jerome Powell. In a Truth Social post shared on X, Trump took swipes at Jerome Powell for dragging his feet over interest rate cuts. According to Trump, calls for rate cuts have reached deafening levels in the US, with a consensus forming on the issue. However, Donald Trump notes that Powell and the Fed appear poised to delay rate cuts, potentially harming economic progress. “The consensus of almost everybody is that the Fed... Read More at Coingape.com

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Robert Kiyosaki, the author of ‘Rich Dad Poor Dad,’ has issued another Bitcoin price target for this year. Known as one of the biggest advocates of the top coin and traditional assets like Gold and Silver, Kiyosaki has shared a key reason why these assets will keep appreciating in price. The popular financial expert issued this forecast as the BTC price is undergoing a mild reset in the market. At the time of writing, the coin was changing hands for $103,159.67, down by 0.88% in 24 hours. Robert Kiyosaki on Bitcoin Price Outlook According to the financial guru, BTC, gold, and Silver will continue to grow in value because the Marxist central bank system is crashing. He revealed on X that many are already going bankrupt. Over the past year, there has been serious warnings about the US economy. In the aftermath of the economic strain, Moody’s downgraded the US... Read More at Coingape.com

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There is an ongoing shift in the market as PEPE price, along with other memecoins, is seeing a mild bearish breakdown. While the bearish shift has seen the memecoin market capitalization drop by 6.14% to $66 billion, some whales have taken the opportunity to buy the dip in anticipation of a potential breakout rally soon. PEPE Price May Respond to Whale Buyup According to data from Lookonchain, a dormant whale has come back to life after 2 years. Upon waking up, the whale created a new wallet from which it withdrew a total of 1.79 trillion PEPE from Binance Exchange. A whale woke up after 2 years of dormancy, created a new wallet, and withdrew 1.79T $PEPE($22.23M) from #Binance.https://t.co/6483fMCH1d pic.twitter.com/NbyiZRsEcy — Lookonchain (@lookonchain) May 17, 2025 Valued at more than $22 million, this buyup has positioned the token for a liquidity crunch in the open market. According to an analysis... Read More at Coingape.com

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The crypto market faces a bearish weekend, and Cardano (ADA) has not been spared after a 3% drop to trade at $0.75. ADA price is also losing its footing after dropping in market cap ranking to the ninth position. Despite the bearish outlook, there are distinct reasons why ADA may recover to the upside and possibly reach higher levels. These include a strong technical outlook and higher odds that the SEC will approve a spot Cardano ETF. ADA Price Gears for a 75% Rally The key reason behind a bullish Cardano price forecast is a bullish technical outlook as it tests resistance at the upper trendline of a descending triangle pattern. ADA has been testing a breakout from this resistance line for the past two weeks. If demand rises and Cardano overcomes resistance at the 50% Fibonacci level of $0.91, it will fuel a 75% run to the $1.32 price.... Read More at Coingape.com

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Earlier this week, Coinbase revealed a significant cyberattack and data breach. Being a leading crypto exchange, the breach has put the personal data of influential figures at risk. As per the latest reports, Sequoia Capital’s Managing Partner, Roelof Botha, is also among the high-profile victims, with hackers accessing sensitive information, including phone numbers and addresses. Reports also suggest that exchanges like Binance and Kraken have also faced similar incidents. Concerns are now being raised about potential security vulnerabilities and the exposure of other prominent individuals’ data. Coinbase Hack Exposes Sequoia Capital Botha’s Info According to a Bloomberg report on the Coinbase hack, critical data belonging to high-profile executives like Sequoia Capital’s Roelof Botha is now in the hands of perpetrators. The hack has raised concerns about the safety of prominent crypto industry leaders. Notably, Roelof Botha is a prominent South African-American venture capitalist who joined Sequoia Capital in 2003. He... Read More at Coingape.com

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On Friday, Vaultro Finance officially revealed the first-ever decentralised index fund dashboard on the XRP Ledger (XRPL). Calling it “a new era of on-chain portfolio investing”, the fund protocol announced the launch in a blog post, confirming that it is the first protocol to deliver a fully on-chain index fund interface on XRPL. XRP Ledger Gets a Boost With DeFi Index Fund Dashboard For XRPL users, it’s a biggie, as the Vaultro Finance’s launch brings structured, on-chain investment tools like index funds tracking AI, DeFi, and stablecoins, directly to XRPL users. This eliminated the need for centralised intermediaries and reduced technical barriers, claims Vaultro Finance. The significant milestone also boosts XRPL’s utility beyond payments. It also aligns with Ripple’s push into regulated DeFi and tokenized real-world assets like U.S. Treasury funds. As the Ripple lawsuit remains unresolved, such utilitarian projects could brighten the sentiments within the XRP community. In a... Read More at Coingape.com

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Whale selling and bearish technicals suggest ETH could plummet to $1,752—here’s when the drop may accelerate. Ethereum (ETH) price faces immense selling pressure after the $2,700 local top as blockchain data reveals investors cashed out nearly $1 billion in profits this week. Today ETH trades at $2,500, but whale transaction count spike shows that large investors are distributing their holdings. Technicals solidify this potential crash by flashing a bearish divergence sell signal. According to Santiment’s Network Realized Profit/Loss (NPL) metric, shows $835 million worth of ETH tokens were moved on May 15. This indicator tracks daily coin movements, this represents the most significant profit realization since Ethereum price plummeted to $1,385 in April. ETH Network Realized Profit/Loss The selling aligns with a spike in whale transactions exceeding $1 million. Historical patterns show similar activity preceded April’s 35% crash, suggesting large holders who bought the dip are now exiting positions. This... Read More at Coingape.com

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