Polkadot’s shallow bounce off the strong support at $5.15 on May 25 and 26 shows a lack of aggressive buying by the bulls. The bears will try to use this opportunity and build upon their advantage. #crypto
No ETH to trade? Ethereum exchange balance drops to a 5-year low The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 #ETH
Bitcoin dips 5% to key support in 'moment of truth' for crypto market Both BTC price and the total crypto market cap line up a retest of the 200-week moving average — a key bear market support line. #BTC
There are reasonable grounds to conclude that XRP does not satisfy all elements of the Howey Analysis and is therefore not a ‘security’ for purposes of the federal securities laws. #XRP
Everything XRP holders have been shouting has ‘been confirmed’ — Pro-XRP lawyer Pro-XRP lawyer John Deaton has eagle-eyed a small footnote in a Ripple brief that purportedly confirms XRP was discussed among SEC staff prior to the Hinman speech. #XRP
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. #BTC
The bulls may again try to clear the overhead hurdle,and if they manage to do that, the DOGE/USDT pair could rally to the 50-day SMA ($0.08). This level is likely to act as a barrier, but if crossed, it will suggest that the pair continues to swing inside between $0.07 and $0.11.