XRP price prediction: Bullish reversal pattern hints at explosive move

A flagship corporate Bitcoin holder, Strategy, has never disclosed its Bitcoin addresses, which has led many people to wonder if the company actually owns the amount it claims to hold. On May 26, 2025, Strategy Chairman Michael Saylor explained why the company would not disclose its addresses. As of May 27, after the latest $427 million purchase, Strategy claims to hold 580,250 bitcoins. On several occasions, Michael Saylor suggested that Strategy would not sell any of its bitcoins. The lack of full disclosure of Strategy’s addresses raises doubts among skeptics about whether the company fully adheres to Saylor’s words and holds the exact amount it claims to own. Some of them repeatedly demanded that Saylor show the addresses, but he never did. Finally, he took eight minutes to explain why Strategy wouldn’t do that. Aren’t Strategy’s addresses already well-known? Arkham Intelligence reported in January 2025 that it had identified 96% of Strategy’s Bitcoin addresses and published them. The company didn’t confirm if these addresses actually belong to it. Approximately 4% of the BTC funds in Strategy are not located at any of these addresses. Given the BTC price, this tiny particle is a multi-billion-dollar loophole that raises concerns among strategy skeptics who want Strategy to make a full disclosure of addresses. Read more:Will Michael Saylor pull the rug? How does Saylor explain the reluctance to show Strategy’s addresses? In a speech published on X on May 27, Saylor admits that Mt. Gox and FTX were the hard lessons, but he believes that “the current conventional way to publish proof of reserves is an insecure proof of reserves.” According to Saylor, disclosure of public addresses simultaneously jeopardizes several groups of stakeholders: the issuer, the custodians, the exchanges, and the investors.  “It’s like publishing the address and the bank accounts of all your kids and [the] phone numbers of all your kids and then thinking somehow that makes your family better.”  While Strategy’s holdings, one’s kids are not subjected to investments by third parties, Saylor continued to elaborate on why he sees publishing proof of reserves as not secure. It’s safe to say that in his speech, Saylor distanced Strategy from Bitcoin purists, emphasizing that Strategy is a publicly traded company and its investors are institutional investors while the demand to reveal the wallets is rather something dictated by a Bitcoin maximalist logic. The Strategy chair says that in contrast to proof of liabilities, safe proof of reserves is simply impossible. He recommended all the Bitcoin maxis to hold bitcoins in self-custody instead of relying on Strategy. For securities investors, he says, it’s safer to rely on proof of assets and proof of liabilities, and “the best practice is not to publish the wallet.” It is the responsibility of the Big Four auditors to ensure the solvency and soundness of the company. The data should be confirmed on multiple levels, including by the custodians and the exchanges. In the case of Strategy, the audits are conducted by KPMG LLP, a Big Four audit company. Furthermore, he emphasized that as an American company, Strategy cannot lie about its finances, as its personnel would face jail time due to the Sarbanes-Oxley Act, which protects investors from inaccurate disclosures and statements. Saylor added that in the future, he may implement zero-knowledge proof of reserves that would not reveal the wallet addresses publicly. However, this possibility won’t free Strategy from confirming all the data independently by the involved parties and Big Four auditors.  According to Saylor, the lesson learned from the failures of FTX and Mt. Gox was not that the missing proof of reserves is bad, but rather not to do business with “shaky offshore exchanges run by juvenile tweakers.”  Saylor finished his speech by saying that the wallets, once they are published, are “the intact vector for hackers, nation-state actors, every type of troll imaginable. It creates so much liability that you should think twice before you do it.” However, Saylor admitted that there is nothing wrong with publishing addresses at a small level.  It is unclear whether Bitwise, whose BTC addresses are disclosed, is on a small scale, according to Saylor’s opinion. Somehow, Bitwise manages to maintain transparency and safety simultaneously. However, there is no other such big company holding bitcoins. In this regard, Bitwise is the only corporation to do so, and others don’t follow in its footsteps.  Public reaction Some found Saylor’s speech convincing, while others saw it as just a baseless excuse to hide the shady operations.  Seemingly responding to Saylor’s speech, Binance founder Changpeng Zhao jokingly tweeted, “he probably sold bitcoins.” CZ is too scared to tag the @, but we all know he's subtweeting @saylor https://t.co/s98EFov6tB— Pledditor (@Pledditor) May 27, 2025 The skeptics believe that Bitcoin wallets are unhackable. Therefore, Saylor has no good excuse for not publishing proof of reserves. People who defend the Strategy chair’s stance claim that, as the disclosure involves several parties, there is a risk of key leaks at some level, so disclosing the wallets is not secure.  It’s the same process that all of the Coinbase info leaks follow:1) identify owner of address2) dust attack and track address movements3) correlate address to individuals4) social engineering attack and/or wrench attackNobody who’s lost coin to theft actually had Bitcoin…— William Graham (@williamgrahamiv) May 27, 2025 If hackers associate the addresses of Strategy with certain institutions, they may use social engineering or other sophisticated tactics to obtain private keys. Trust in Strategy continues to an extent to which we can trust public companies. As Saylor puts it, if you like to have full control over addresses, it is vital to hold bitcoins yourself. Why trust a public company? You might also like:Bitwise is still the only company that disclosed its BTC addresses. Why don’t others follow?

Blockchain.com appears to be betting on Africa’s crypto future, where regulations could transform a once-restrictive market. Crypto wallet and exchange platform Blockchain.com is reportedly looking to grow in Africa as some countries begin introducing regulations for digital assets, Bloomberg reports. According to Owenize Odia, Blockchain.com’s general manager for Africa operations, the company is focusing on Nigeria, Ghana, Kenya, and South Africa, with plans to open a physical office in Nigeria in Q2. Nigeria is Blockchain.com’s “fastest-growing market” in West Africa, Odia said, adding that the country “has taken meaningful steps toward creating a clear framework for crypto.” While most African nations still ban or tightly control crypto trading, a few are slowly changing their approach. Nigeria recently passed a new investment law that allows licensing for crypto exchanges. You might also like:Ripple teams up with Chipper Cash to expand cross-border payments in Africa Ghana may also introduce rules soon as Odia noted that Ghana’s central bank has draft guidelines showing “its intention to begin regulating cryptocurrency and related platforms by the end of September 2025.” Meanwhile, Kenya is still studying how to oversee crypto before making decisions. Africa is quickly becoming a hotspot for crypto adoption, and South Africa appears to be leading the charge. A new report by the Financial Sector Conduct Authority highlights growing opportunities in South Africa’s decentralized finance sector. While still small globally, South Africa’s DeFi market is expanding quickly, with total value locked exceeding $27 million and projections reaching $180 million by 2028. Payments remain the most common use case (over 50%), followed by lending/borrowing (47.6%) and decentralized exchanges (33%). Read more:Amidst speculations of the possible Tether exile from the US, the company’s CEO hints at a high-scale project in Africa

Mask Network token surged to its highest point since December last year and then suffered a harsh reversal. Mask Network (MASK), a privacy-focused token, rose to $3.6766, and then erased those gains and moved towards $2.  On-chain data shows that the whale transaction count jumped. Santiment data shows that these transactions jumped to 26, its highest point since May 28.  A deeper dive reveals that these whales are selling the Mask token. The supply of held by whales dropped to 28.26 million on Friday, the lowest level on record.  You might also like:Top 3 reasons why the crypto market is down today More data shows that the 180-day and 365-day mean dollar invested age or MDIA has been in a strong downward trend. The 180-day figure dropped to 29.6, down from 50 in May, while the 365-day figure plunged to 38 from 70. The MDIA figure looks at the average age of all coins weighted by their purchase price in US dollar terms. A falling figure is usually a bearish sign for a cryptocurrency.  The other bearish sign for the Mask Network is its negative funding rate in the past few days. This happens when more traders are shorting an asset and are thus paying bullish ones a small fee. Funding rate, MDIA, funding rate, whale holdings | Source: Santiment Mask Network price technical analysis  MASK price chart | Source: crypto.news The daily chart shows that the MASK price surged to a high of $3.7020 and then suffered a harsh reversal to $2.3300. It dropped below the key support at $2.50, the highest swing on April 1.  The Relative Strength Index tilted downwards, moving from a high of 80 to 54. Therefore, the token will likely continue falling as sellers attempt to move below $2 and the 50-day and 200-day moving averages. Sustained selling may see it drop to $0.9475, the lowest point in April. Read more:Circle stock price pump gains steam, but a crash may follow

Pepe price continued its strong surge on Friday, reaching its highest level since January, and technicals point to more gains.  Pepe (PEPE) surged to a high of $0.00001390, up by 160% from its lowest level in March, making it one of the best-performing meme coins. The surge happened as Ethereum (ETH) short-squeezed and reached its highest level since March 3. Pepe and other Ethereum meme coins tend to perform well when Ether is in an uptrend. It also coincided with a broad rally in crypto and stock markets ahead of a meeting between U.S. and Chinese officials in Switzerland. The hope is that the world’s two biggest economies will de-escalate tensions and possibly reduce tariffs. You might also like:Pepe price prediction for May 2025 – the biggest run about to begin for PEPE? Pepe’s price also climbed as smart money investors bought the dip. Nansen data shows that there are now 16 smart money investors, up from 12 earlier this month. These investors have increased their holdings to 3.20 trillion PEPE, up from 2.76 trillion earlier this week. Pepe’s surge also happened as the daily volume in decentralized and centralized exchanges jumped to over $4.7 billion, higher than Dogecoin’s (DOGE) $3.14 billion and Shiba Inu’s (SHIB) $702 million.  Additional data shows that futures open interest rose to over $530 million, the highest level since January 17 and well above the year-to-date low of $137 million. A rising open interest is a bullish sign, indicating growing demand. Pepe’s funding rate in the futures market has remained positive in recent weeks. Pepe price technical analysis Pepe Coin price chart | Source: crypto.news  The daily chart shows that Pepe found a strong bottom around the $0.000060 level throughout 2024. It has failed to break below this price at least three times, forming a triple-bottom pattern with a neckline at $0.00002835, its all-time high. A triple bottom is a popular bullish reversal pattern. Pepe has also formed a mini golden cross pattern, with the 50-day and 100-day Weighted Moving Averages crossing each other. Therefore, the most likely price action is a short-term drop to retest support at $0.0000097, as retail investors take profits. It may then rebound and target the 50% Fibonacci Retracement level at $0.000017. A breakout above that level could open the door for more gains, potentially retesting its all-time high at $0.00002835. You might also like:How high can Pepe price jump after flipping key resistance?

The crypto market took a hit today as Bitcoin dropped below a key support level, weighed down by profit-taking and broader macro concerns. On Thursday, May 15, afternoon Asian time, the total crypto market cap slid by 4.8% to $3.39 trillion. Bitcoin (BTC) dipped 1.6% to around $101,846, losing the $103,100 support level.  Analysts are now watching the $101,600 mark as the next crucial level that it needs to hold to keep the recent bullish momentum alive. This dip comes right after the latest U.S. Consumer Price Index (CPI) data was released. Inflation for April came in lower than expected, rising just 2.3% year-over-year—the slowest pace since 2021, and down from March’s 2.4%. While low inflation can be a good sign, it also hints at weakening consumer demand, which could point to underlying recession fears. Interestingly, even though Trump’s new tariffs haven’t fully trickled down to consumer prices yet, the softer inflation print probably won’t be enough to convince the Federal Reserve to cut interest rates, despite pressure from Trump. Rate cuts are something the crypto traders have been hoping for, since lower rates usually boost liquidity and risk appetite. Investors are also in wait-and-see mode as they await the U.S. Producer Price Index (PPI) data coming out later today at 12:30 PM UTC. The report should give more clues about inflation, which could play a big role in what the Fed decides to do next with interest rates. Most market experts believe the Fed is likely to keep interest rates steady, and that’s prompted many traders to lock in profits, especially after Bitcoin’s strong run above the $100,000 mark.  While most of the market is sliding, some altcoins may be better positioned to ride out the downturn. You might also like:DYDX price poised for breakout as bullish technical signals converge with strengthening fundamentals Ripple (XRP) XRP has been one of the most consistent performers since the start of 2025, helped by a string of bullish developments around Ripple and its ecosystem. The SEC recently reduced Ripple’s fine to $50 million, effectively ending the long-running lawsuit and reinforcing XRP’s non-security status. XRP will also be in the spotlight this week as investors watch for the upcoming launch of CME’s XRP futures on May 19 and await a key SEC decision on a proposed ETF linked to XRP next month. On the daily chart, XRP has bounced back nicely after hitting a low of $1.6218 in April. It’s now trading above both the 50-day and 100-day moving averages, which is a bullish sign. XRP price, 50-day and 200-day EMA chart — May 15 | Source: crypto.news XRP has also formed an inverse head-and-shoulders pattern, a classic signal that often points to a trend reversal. The “head” is around $1.62, and the two “shoulders” are near the $2 mark. While the rally could keep going, there’s also a chance XRP might dip to retest the $2.21 support level before moving higher again. This kind of move, known as a break-and-retest, is actually seen as a strong bullish setup. If current trends hold, XRP could climb back to its year-to-date high of $3.40, reflecting a potential 36% upside from its current price. Tron (TRX) TRX has gained steady traction in this bull cycle, supported by TRON’s expanding role in the stablecoin market and rising on-chain activity. The network recently surpassed Ethereum in total USDT supply, cementing its position as a key infrastructure for stablecoin transfers, particularly in emerging markets. Other bullish drivers include TRON’s growing integration with real-world asset platforms and its sustained dominance in daily active addresses and transaction count, which have consistently outpaced most layer-1 networks in 2025. On the daily chart, TRX has bounced back nicely from support at $0.21, climbing to nearly $0.28 this week. It finally broke above the $0.25 resistance level, which had been a tough resistance level since January. TRX price, 20-day and 50-day EMA chart — May 15 | Source: crypto.news Tron is now trading inside an ascending channel and sitting just below the top of that range. It’s also moved above the 20-day and 50-day EMAs, which usually signals strength. If TRX breaks above the $0.28 level, it could push higher toward the $0.45 mark, last year’s high, which would be a 66% jump from current prices. Dogecoin (DOGE) Dogecoin (DOGE) has surged over 42% in the past month and was trading at $0.22 when writing. The rally comes amid rising institutional interest. Grayscale recently launched a dedicated Dogecoin trust, while 21Shares partnered with House of Doge to introduce DOGE-based exchange-traded products in global markets. Separately, the Dogecoin Foundation is working to advance real-world adoption of the original memecoin. In collaboration with House of Doge, it aims to onboard one million retailers through the Dogebox toolkit, an open-source solution for integrating DOGE payments. All of these point to a maturing ecosystem, where Dogecoin has evolved from its memecoin roots into a credible player within the broader decentralized landscape. On the daily chart, DOGE has broken above $0.242, a key resistance level it struggled with back in March. DOGE price, MACD, and RSI chart — May 15 | Source: crypto.news It’s also formed a textbook head-and-shoulders pattern over the past few weeks. In technical analysis, this setup often points to a potential trend reversal or continuation. Adding to the bullish signs, both the MACD and RSI indicators are pointing upward. The RSI is currently at 62, which suggests there’s still room for more upside. With this momentum, DOGE is well-positioned to return to its year-to-date high of $0.436, which would translate to a 93% rally from current levels. Read more:Over 80% of Bitcoin is held by wallets with 10 BTC or more, data shows Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.