China News Today TheBitTimes.com

A trading expert is warning that XRP may face further losses, likely falling below $2, as technical indicators suggest the ongoing correction could persist. As of press time, XRP was trading at $2.16, down 1.56% in the past 24 hours and over 8% in the past week. XRP seven-day price chart. Source: Finbold XRP’s bearishness is likely to continue  In a May 30 TradingView post, analyst Master Ananda noted that XRP is showing renewed signs of weakness. The deepening bearish trend suggests the correction phase may not be over. XRP price analysis chart. Source: TradingView The downward movement accelerated on May 12. Since then, XRP has come under increasing pressure, breaking below the rising green channel it had followed since early April, effectively ending the short-term bullish rebound triggered when the asset breached the $1 resistance.  A key technical shift was the breakdown from this ascending channel, marked by a transition from higher hi...

Ile Du Port, Mahe, Seychelles, May 30, 2025  The Qubic team has launched Qubic Academy v1 , a self-paced educational platform aimed at helping new users, contributors, and developers understand the mechanics behind the fast-growing decentralised protocol. Available now at https://qubic.org/academy the Academy features short lessons, interactive modules, and on-chain quiz tracking. It’s designed to give participants a clear understanding of Qubic’s architecture - including its Useful Proof of Work model, decentralised consensus, compute layer, and unique token economy. Built to Demystify a Complex Ecosystem Qubic’s architecture is technically ambitious -blending AI, distributed compute, and governance. That complexity can sometimes make onboarding difficult for newcomers. “Qubic Academy is a critical step in lowering the barrier to entry for anyone curious about what makes this protocol so powerful. We’re building something that blends comp...

The US Treasury has sanctioned Funnull Technology, the Philippines-based computer firm behind hundreds of thousands of crypto scamming websites responsible for over $200 million in US victim losses.  The sanctions, made possible with help from the FBI, also target the company’s administrator Liu Lizhi and two crypto addresses, one ether (ETH) and one tron (TRX), associated with Funnull Technology. The US claims Funnull Technology facilitates thousands of crypto-related scams, such as pig butchering, by buying IP addresses in bulk from cloud hosting businesses and selling them on to cybercriminals.  These domain names are intentionally similar to each other and “make it easier for cybercriminals to impersonate trusted brands when creating scam websites.”  Interpol target ‘Madam Ngo’ arrested over $300M crypto scam Read more: Thailand cuts power to Myanmar crypto scam center regions The US Treasury claims that cybercriminals can then “quickly change t...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The cryptocurrency space has seen the creation of many young millionaires. Some early investors have even made billions of dollars in profit. Pepe (PEPE) is a fairly new memecoin project that has seen an incredible rise in popularity and price. Since its launch in April 2023, the frog-themed memecoin has hit multiple all-time highs. Many investors have reaped incredible returns with small investments. Let’s find out how many coins you will need to make $5 million by 2040. How Much PEPE Do You Need to Retire With $5 Million By 2040? Source: Watcher.Guru According to Changelly, PEPE could hit a maximum price of $1.40 in 2040. To have $5 million worth of the asset when it hits $1.40, you will need about 3,571,428.57 (3.57 million) coins. The price of 3.57 million coins right now is about $49.39. If successful, your investment will grow by 10,126,600.69% (10.12 million percent). Source: Changelly Although a 10.12 million percentage increase for PEPE may seem significant, it is not som...

A trading expert has suggested that XRP’s current technical setup may be signaling the asset’s next record-high target. According to prominent online analyst Master Ananda , XRP is well-positioned for a more upside move following its consolidation at around the $2.30 level.  In an Analysis shared in a TradingView post on May 27, he noted that the $2.30 support has remained strong since May 17, having been tested multiple times, indicating solid demand at that price point. XRP price analysis chart. Source: TradingView Ananda also identified a symmetrical breakout from a falling wedge pattern, followed by a rising channel formation. These developments suggest that XRP could enter the next leg of its upward move. He also highlighted Fibonacci extension levels as a key indicator, with the 2.618 extension placing the potential top of the bullish wave at $6.29.  XRP’s price timeline to $6 While the analyst did not provide an exact time...

The month of May is approaching its end, after helping Bitcoin deliver some stellar gains in the process. Bitcoin is now on a path towards claiming another high milestone, possibly moving beyond the ambitious $115K. At press time the token is sitting at the $108K mark, showing signs of a bright future, as the market continues to welcome new BTC innovation. Also Read: Florida Proposes 0% Capital Gains Tax on Bitcoin, XRP, and Stocks Bitcoin: What Are the Experts Saying? Source: Watcher Guru Bitcoin is the ultimate guiding force of the market that keeps the flow and the energy of the domain intact. Per Fred Krueger, a notable cryptocurrency analyst, Bitcoin is all set to deliver 2x results in the next 7 months. Bitcoin will more than 2x in the next 7 months. You do not want to be under-exposed. — Fred Krueger (@dotkrueger) May 25, 2025 Another notable analyst, Egrag Crypto, has shared another Analysis , adding how Bitcoin may surge to hit $130K in a typical “fast lane.” At the same time,...

A crypto trader on the platform Hyperliquid named James Wynn has opened a nearly $1 billion short bet against Bitcoin with 40x leverage, while Michael Saylor hints at another Strategy BTC buy. According to a May 25 X post by on-chain analytics platform Lookonchain, Wynn “opened a $BTC short position of 1,038.7 $BTC($111.8M) at $107,711.1 an hour ago, with a liquidation price of $149,100.” With this recent trade, Wynn has put almost his entire wallet, which holds nearly $50 million, on the line. Wynn Closes His Massive Bitcoin Long Position At A Loss  The move by Wynn comes just hours after the trader closed a massive long bet.   With that long bet, Wynn opened a $1.25 billion position with 40x leverage as well. He even predicted that Bitcoin would soar to $110K on May 24 Saturday. I think $BTC shoots to $110k today — James Wynn 🐳 (@JamesWynnReal) May 24, 2025 However, Bitcoin’s price only rose from around $107,300 to about $108...

There is no denying that the cryptocurrency market has been increasingly volatile throughout the first few months of the year. Yet, with Bitcoin turning things around in a big way, there is hope for emering. That being said, can Chainlink (LINK) reach a $19 price point before Memorial Day kicks off the official start to summer? The week has seen Bitcoin reach a new all-time high of $111,000 in a record-setting surge. That could be an indication of what investors are likely to see take place in the coming weeks. Moreover, Chainlink may be set to be an asset that gets a major boost from the shift. Source: Binance Academy Also Read: Chainlink Doubles Investor’s Money: Should You Invest in LINK Now? Chainlink to $19? Here’s What to Expect From LINK to May End Chainlink has been at the center of some incredible developments in the digital asset sector this year. Indeed, it was a key part of JPMorgan’s groundbreaking inaugural public tokenized transaction. Both the network and Ond...

The cryptocurrency market was seen celebrating Bitcoin’s latest win. The king coin recorded a new all-time high of $111,861.22. Meanwhile, several other assets were seen moving rather slowly. The community has been under the impression that the rest of the market would also pick up pace like Bitcoin. But Ripple’s XRP was seen struggling. The altcoin did not record any major upticks during this period. This does not mean that the asset’s future was bleak. Also Read: Dogwifhat Rallies 168% In 30 Days: Here’s When WIF May Hit $3 How High Is XRP Trading Right Now? Source: Watcher Guru During the past 24 hours, the fourth largest cryptocurrency increased by a dainty 0.37%. At the time of writing, Ripple’s cryptocurrency was trading at $2.42. XRP has been one of the most profitable assets during the past year. The asset went from trading at a low of $0.3911 to a high of $3.39. During this period, Bitcoin rose by 345%. Source: CoinMarketCap The highest price level that ...

BTC’s pizza day marks May 22, 2010, when Laszlo Hanyecz paid 10,000 Bitcoins for two Papa John’s pizzas – and this was the first commercial Bitcoin transaction. This Bitcoin history milestone demonstrates extreme Bitcoin price volatility and also cryptocurrency investment risks, showcasing blockchain adoption challenges that continue affecting digital markets right now. Also Read: De-dollarization: Trump’s 10% Tariffs Fuel Fragile US Dollar Future in Asia BTC Pizza Day Celebrates Bitcoin’s Price Volatility and Investment Risks Source: Watcher Guru The Historic BTC Pizza Day Transaction Back in 2010, Laszlo Hanyecz posted on Bitcoin Talk forum seeking someone to buy him pizza in exchange for Bitcoins, and this became legendary. Hanyecz had this to say: “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some left over for the next day” Source: BTC Forum Also Read: Ripple Price Prediction: $5K in XRP Could Flip Y...

After the Metaverse concept failed in 2022, AI took over the spot to become the ‘next big thing’ in technology. Multinational corporations spent billions to build the Metaverse, only to see their projects fail remarkably. Mark Zuckerberg had to fire 11,000 employees after spending more than $10 billion on the failed Metaverse project. Now Artificial Intelligence (AI) is following a similar path, as only 25% of all AI initiatives have generated profits, while 75% of all projects have delivered losses on investments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition The latest report from IBM highlights that just 25% of all AI initiatives have delivered profits as return on investment (ROI). In the report, IBM surveyed around 2,000 CEOs during the first quarter of 2025. According to the majority of the CEOs, the return on investment in AI technology has been disappointing. Billions of dollars are being spent to develop the technology with little to no profits ...