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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
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Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Ripple and the SEC have been embroiled in a legal battle since 2020 when the regulator accused Ripple Labs of selling unregistered securities. Judge Analisa Torres ruled that XRP was not a security when sold to exchanges but determined that its institutional sales violated securities laws. She ordered Ripple to pay $125 million, significantly lower than the SEC’s initial $2 billion demand.
Both parties filed appeals, but the SEC may withdraw its case. Trump has nominated Paul Atkins, a crypto-friendly official, as the next SEC chair. Most analysts expect him to drop the appeal against Ripple.
Technical analysis: XRP price analysis
The weekly chart shows that XRP has lacked clear direction over the past two months. This price movement aligns with most altcoins, which have also experienced pullbacks during this period.
On the positive side, XRP has remained above the crucial support level at $1.9855, the highest swing in April 2021. This price also marked the upper boundary of the cup-and-handle pattern, a well-known bullish indicator.
Additionally, XRP continues to trade above the 50-week moving average and the overshoot point of the Murrey Math Lines tool.
As a result, Ripple may stage a strong comeback, with an initial target of $3.40, the highest swing from November. This target represents a 27% increase from the current level. A breakout above this level could signal further upside, potentially pushing the price toward $5.
#CryptoObservers# #XRP#