Crypto News

But don’t be fooled by the theatrics of the daily chart. There’s something beneath the surface that might just have you wondering if Ethereum is in fact the underdog ready to surprise us all. Analyst Ted Pillows (who definitely has a knack for making numbers sound exciting) posted some intriguing insights on X. According to him, Ethereum’s daily gas usage has been on a steady rise since 2016. Yes, you read that right—six whole years of increasing demand. This isn’t some flash-in-the-pan spike due to market FOMO or moonboys chasing dreams. No, no. This is real, genuine usage. It’s the kind of demand you can’t ignore, unless you’re blind or living under a rock.

To add a sprinkle of reassurance, data from CryptoQuant reveals that inflows to Binance from both long-term and short-term holders have plummeted like a lead balloon. In previous downturns—like that delightful April when Trump’s tariffs sent everyone into a tizzy, or the August 2024 panic—holders were sending over 12,000 to 14,000 BTC to exchanges. Today, however, we see a mere 8,000 BTC trickling in, a sign of reduced fear and a lack of widespread exit activity. It’s almost as if the market is saying, “Chill out, folks!”

Now, the market has decided to shift its focus from the dizzying price swings to something even more thrilling: on-chain dynamics! Yes, folks, it’s all about the behavior of new and long-term holders. Because who doesn’t love a good psychological study on people who hoard digital coins?

But fear not, dear investors! Despite this minor hiccup, Bitcoin is still hanging out above some pretty solid support levels. It’s like that friend who always shows up to the party, even when they’re not feeling it. Minimal selling pressure? Check! 🙌

He claims the token may fall to the mythical $2.13 level—because nothing says “stability” like teetering on the edge of financial disaster. According to this expert—who by his own estimate bought XRP at fifty cents and sold at three—this dip is merely a brief pause in the grand dance of the market. Certainly. If the market was a dance, it would be a clumsy shuffle riddled with awkward slips and dramatic spins.

On the fateful day of May 28, 2025, Nasdaq-listed VivoPower International boldly proclaimed itself the pioneer of the world’s first XRP-based crypto asset treasury strategy among publicly listed companies. This audacious move followed a rather cozy agreement with certain investors, who, for reasons known only to them, decided to buy in at a princely sum of $6.05 per share. One can only imagine the conversations over tea that led to such a decision! ☕

Just a few days ago, Bitcoin was flexing its muscles, hitting a new all-time high of over $111,000. It’s like the overachiever in class who keeps raising the bar while the rest of us are just trying to find our pencils. 📈

Ethereum’s price has started a fresh increase from the $2,550 support zone, leaving Bitcoin to ponder its own fate. ETH has managed to recover above the $2,620 and $2,650 resistance levels, much to the chagrin of the bears, who were hoping for a more somber affair.

The coin took a nosedive below $108,500—too generous to wait around, perhaps. It even dipped below $107,400, teasing the next support at $106,800 like a kid poking another in class.

They announced this bold move on May 28, in a press release so thrilling it makes watching paint dry look exciting. Apparently, their new plan is to make sure businesses don’t go full Titanic with your crypto—think “safe as grandma’s apple pie,” but with more legal mumbo jumbo. And guess what? They’ve teamed up with the Bank of England—because nothing screams “fun” like a joint venture between a bank and a regulator! 🏦🤝