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Cointelegraph.com News
Ethereum back to $3K in May? Latest rebound says ETH price 'still has more gas'
Key points:Ether price rose 3% to $2,550 on May 18, triggering $22 million in short ETH liquidations.A bull flag on the chart suggests a $3,700 target, with analysts predicting Bitcoin’s price to go as high as $5,000 in May.Ether’s (ETH) price was up on May 18, rising more than 2.5% over the last 24 hours […]
Cointelegraph by Nancy Lubale
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst
Key takeaways:The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason.The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks noted a breakout that could rival the explosive 2017 bull […]
Cointelegraph by Biraajmaan Tamuly
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.Bitcoin options positioning and spot BTC inflows point to confidence from institutional investors.Bitcoin (BTC) price climbed 23.7% over the past 30 days, yet traders on Bitfinex have cut their leveraged […]
Cointelegraph by Marcel Pechman
XRP price path to $3.40 remains intact — Here is why
Key takeaways:XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.A 53% surge in open interest to $5.06 billion signals bullish sentiment.XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest.Increasing OI backs XRP upsideXRP price is down 2% over the last 24 […]
Cointelegraph by Nancy Lubale
Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit
Key takeaways:Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025.Buffett’s exit aligns with Berkshire’s broader financial sector pullback and growing cash reserve strategy.Warren Buffett, the legendary investor long known for his skepticism […]
Cointelegraph by Yashu Gola
BTC
Here’s what happened in crypto today
May 18, 2025
Today in crypto, retired artist Ed Suman lost over $2 million in crypto after falling victim to a Coinbase impersonation scam, Moody’s degrades US credit rating, and Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker.Retired artist loses $2M in crypto to Coinbase impersonatorRetired […]
Cointelegraph by Cointelegraph
BTC price to $116K next? Bitcoin trader sees 'early week' all-time high
May 18, 2025
Key points:Bitcoin is convincing traders that an upside breakout is around the corner, with all-time highs in sight.One target demands $116,000 next week, moving BTC/USD firmly out of its narrow range.A quick dip before continuing higher is among the options for BTC price action into the new week.Bitcoin (BTC) reduced volatility to a minimum into […]
Cointelegraph by William Suberg
‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly
May 18, 2025
Economist and author of The Bitcoin Standard, Saifedean Ammous, has weighed in on the ongoing debate over spam inscriptions on the Bitcoin network, suggesting he would “throw in a few sats” to fund a full-time developer focused on making Bitcoin spamming more difficult and expensive.Ammous made the remarks in response to a thread initiated by the […]
Cointelegraph by Amin Haqshanas
A Bitcoiner’s guide to South Africa’s Garden Route
May 17, 2025
South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption.From Mossel Bay to Witsand and Plettenberg Bay to Knysna, Bitcoin has become popular among shop owners and travelers alike for a multitude of reasons.“We’re seeing the early signs of a parallel, permissionless economy emerging […]
Cointelegraph by Cath Jenkin
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
May 17, 2025
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that could drive the next leg up.“250K this year, […]
Cointelegraph by Amin Haqshanas
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