Category: Crypto news

As if to thumb its nose at all things predictable, open interest in XRP contracts has inexplicably tiptoed downwards by a miserly 0.3%, now lounging at $3.65 billion. You might expect a bustling ball, but the ballroom has emptied rather inexplicably. Perhaps everyone popped out for canapés?

In a riveting chat on CNBC’s Squawk Box, Lee proclaimed that Bitcoin has bounced back to dizzying heights—levels not seen since before President Trump’s infamous tariff announcement on April 2nd. And that, my friends, might just be the first hint that the stock market is about to soar like a rocket 🚀.

Not my car, but ❤️ the plate. Kyrgyzstan🇰🇬🙏

Among other things, also gave my advice to make #BNB and #BTC as the two starting crypto for the National Crypto Reserve.

Saw Chit Thu—his name as sharp as the edge of a cleaver—presides not over church or schoolhouse, but the Karen National Army, itself a force keener on mischief than prayer meetings. It isn’t merely war he’s fond of; no, he’s entered the electronic age, presiding over a new kind of battlefield—the cyber scam.

All this drama comes hot on the heels (or possibly cold on the tentacles) of XRP slipping below its 50-day Exponential Moving Average at $2.20. Market sentiment promptly plummeted, with technical indicators flashing redder than a Vogon’s poetry night. The Relative Strength Index now idles at 47, which sounds like a random bus number but actually implies people have chosen to sit firmly on their wallets and wait for the cosmic dust to settle. If momentum doesn’t pick up soon, the only thing left moving will be tumbleweeds—or their digital equivalent, “crypto dust.”

A peek behind the curtain (market data, if you must know), and what do we see? Bitcoin doing a 1.2% swan dive in the last 24 hours, trading at a respectable $94,195 on a dull Monday, May 5. North Americans were still awake—mostly because their portfolios kept pinging alerts.

So, here’s the scoop: Vito, the founder of MetaEra and ND Labs, posted about some “mysterious founder” who gained fame through Binance, launched a hyped-up project on Solana, fell flat on their face, and then crawled back to Binance Chain, begging for support. A classic case of “use me, abuse me,” right? To end things with a twist of irony, Vito called it “purely fictional.” Guess what CZ did next? He threw in his own tale of intrigue—fictional, of course. 😉

According to the town crier (read: X thread), on a fateful evening—May 4th, 2025—BitcoinOS whipped out its BitSNARK protocol and, avec flourish, trotted out the new xBTC token. The audience gasped. A plucky user locked up 1 BTC on Bitcoin’s illustrious Layer 1, then—presto!—minted xBTC, a wrapped asset so sophisticated even the courtiers at Versailles would weep with envy. Cryptographic proofs, rather than an army of butlers, ensure the original Bitcoin’s safe keeping. Sacré bleu!

IOTA (IOTA), that battered token, stumbled to $0.2040, a pitiful crawl just beneath last week’s giddy heights of $0.24. Market cap wallowed at $777 million, which would make any gambler weep—unless you happen to be the House.

Upon the broad, featureless tundra of the weekly chart, the mysterious analyst known as GreenCrypto (his true identity as elusive as honest bread in a labor camp) sketches the great Ascending Wedge — a monument to human optimism or hubris, it’s hard to tell. 2023’s trend is declared: ever upward, straight as an officer’s back, with an all-time high target sitting at $1.161. That’s a 582% climb, a number so fantastic it would make even Soviet propagandists blush.