UToday

XRP defied its historical losing streak in April with a 4.98% monthly return, showing a break from recent downward trends. In May, XRP has already gained 1.59%, pointing towards potential bullish momentum for the month ahead. With positive market sentiments and key developments, XRP's outlook remains optimistic.

XRP shows bullish signs with positive funding rate, traders optimistic about price rise. Increased trading volume and MACD indicator support the positive momentum.

Strategy, formerly MicroStrategy, reports a $5.8 billion BTC gain. It plans to invest $84 billion in Bitcoin. The company aims for a 25% BTC yield and $15 billion gains for 2025, showing confidence in Bitcoin's future. CEO Michael Saylor's BTC advocacy has driven Strategy's success.

Dogecoin (DOGE) is showing positive price reversal, outperforming major altcoins like Ethereum and XRP with a notable increase in trading volume and market capitalization. Bullish momentum is expected to continue, driven by events like the 21Shares Dogecoin ETF approval, indicating a potential breakout above $0.2.

John Bollinger warns of cryptocurrency scam where fraudsters impersonate him to solicit funds, using his book as bait. Beware of Diamond Ridge Asset Management.

Ripple recently locked 700 million XRP tokens in escrow, sending 200 million and 300 million XRP to unknown wallets prior. Ripple maintains control over a significant portion of XRP's circulating supply. Despite these actions, XRP price has shown minimal volatility.

BlackRock's iShares Bitcoin Trust is flourishing with consecutive inflows totaling $3.4 billion. Most crypto ETFs experienced outflows, except for BlackRock and Fidelity's Ethereum fund. The concern remains on the market's direction post the current strong leadership.

The digital currency market experienced mild liquidations totaling $225.21 million over 24 hours, affecting over 84,000 traders. Bitcoin and top altcoins like Solana and XRP saw fluctuations, with short traders facing more liquidations than long traders. Despite uncertainties, a cautious approach prevails as traders anticipate a bullish reset led by Bitcoin.

FCA plans to ban lending for cryptocurrency purchase, disallow credit card use for crypto shopping, and restrict access to crypto lending services for retail investors in the UK. The regulator's move aims to protect borrowers from potential losses due to crypto market volatility. Feedback on regulating cryptocurrency trading platforms is also being sought.

An immense 327.1 million SHIB have been burned this week, increasing the burn rate by 300%. The SHIB team cautioned against fake projects and tokens to protect the community.

Cardano faces a "marketing problem" in effectively communicating its value. Tim Harrison suggests a "Growth First, Marketing Second" approach focusing on clarity, human perspective, and community empowerment to address this challenge.

Shiba Inu (SHIB) shows 8.92% growth in the last 30 days, aiming to surpass previous bullish levels. May trends and positive sentiment could lead to SHIB shedding a zero in its price, with potential for a breakout. Efforts to reduce supply and increase trading volume indicate possible price upsurge.