XRP remains in a technical bear market after falling 37% from its peak earlier this year. Its price is stuck at the same level where it began the year, underperforming Bitcoin, which has risen 15% in 2025.
Ripple (XRP) price was trading at $2.140 on Sunday as its volume and futures open interest remained under pressure. This article highlights the top four reasons it may jump by 50% and retest the year-to-date high of $3.4 in June.
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The Securities and Exchange Commission will decide on Franklin Templetonâs XRP ETF by June 17. Approval would likely help boost the XRP price because of the expected inflows from Wall Street investors. JPMorgan analysts estimate the fund would attract over $8 billion in funds in the first year. However, the likely scenario is that the SEC delays the approval again, possibly until October. Polymarket traders place the odds of approval by July 31 at 21%, and by the end of the year at 83%.
Crypto traders are pricing an eventual XRP price breakout in the coming weeks. The eight-hour funding rate has remained in the positive zone in the past few weeks. A positive funding rate is essential data in perpetual futures, meaning traders anticipate the price to be higher.Â
As we wrote here, there are signs that Bitcoin will make a bullish breakout. We cited the bullish forecasts by top analysts and the fact that it is forming the handle section of the cup-and-handle pattern. This pattern points to an eventual Bitcoin surge to $143,000. A Bitcoin price breakout will likely push other cryptocurrencies, including XRP, higher.
The final reason the Ripple price may break out and surge to $3.4 is its strong technicals. See below.
XRP funding rate | Source: CoinGlass
XRP technicals
The accumulation and distribution indicators point to increased accumulation. This means that XRP may now be in the accumulation phase of the Wyckoff Theory.
It will move to the markup, which has higher demand than supply.Â
XRP price chart | Source: crypto.news
The XRP price has remained slightly above the 200-day moving average. It has also formed a giant bullish pennant pattern, comprising a vertical line and a triangle. A pennant often leads to a strong bullish breakout.
XRP has also formed an inverse head-and-shoulders pattern. As such, a breakout will see it retest the resistance at $3.3842, up almost 50% from the current level.
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James Wynn has now fully lost the gains he recently made in a series of high-risk trades. With his current bet nearing the liquidation threshold, Wynn now stands on the brink of losing the principal tied to that position as well.
According to reporting by EmberCN, Wynn made $11.67 million by going long on Trump (TRUMP) and Fartcoin (FARTCOIN) between May 12â13. However, on May 23, he lost $5.29 million through long positions in Ethereum (ETH) and Sui (SUI).
A brief rebound followed on May 24, when longs on Bitcoin (BTC) and Pepe (PEPE) netted him a $42.08 million profit. But the gains were again eroded between May 25â27, as shorting BTC and longing PEPE led to a $16.72 million loss.
At press time, Wynnâs open BTC long position has already incurred an unrealized PnL of $718,098. He is currently long 1,840 BTC with 40x leverageâvalued at $200,347,340. The position was opened at $109,228, and his liquidation price stands at $102,257, putting his principal at risk if the market moves further against him. The current BTC price is $108,874, only 6% away from liquidation.
Source: HyperDash
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James Wynn, however, appeared unabashed and determined to recoup his losses. In a defiant tweet aimed at those reveling in his portfolio drawdown, he wrote:
âFor all my haters out there who so very much loved to see my portfolio swing down by $60,000,000⦠just know, now you get to see it swing BACK UP INTO THE HUNDREDS OF MILLIONS. Money that haters like you canât even dream of having because itâs so far out of your capabilities. Enjoy the show.â
Wynn may have already begun efforts to recoup his losses. According to monitoring by The Data Nerd, a whale address believed to be associated with Wynn recently deposited 44.337 billion PEPE (worth approximately $6.17 million) to Binance. These tokens were accumulated at an extremely low entry price, yielding a return of 11,117X.
Source: The Data Nerd
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Despite the news that Binance will delist the token on May 2, Alpaca Finance shocked the cryptocurrency market with a 1,100% price increase in the last week.
Binance announced on Apr. 24 that it would remove ALPACA and three other tokens from its platform following a routine evaluation. The exchange cited factors such as low trading volume and developer inactivity. ALPACA spot trading pairs will be disabled on May 2, while deposits and withdrawals were phased out in the days after the announcement.
Normally, tokens drop in value after delisting news, but ALPACA did the opposite. After briefly declining in response to the news, ALPACA surged by as much as 2,300% in just a few days, jumping from $0.029 to a peak of $1.47, a 60x increase on some trading pairs. ALPACA is now trading at $0.53, down 40% in 24 hours but still up 1,100% over the past week, as per CoinGecko data.
The rally appears to have been driven by a short squeeze. After the delisting news, many traders opened short positions expecting the price to collapse. However, they were forced to buy back the token to cover losses when ALPACA unexpectedly surged, which caused the price to rise even further.Â
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The squeeze was further tightened when Binance modified its funding rates. The funding cap was increased from ±2% to ±4%, and settlement intervals were reduced from four hours to one hour, which resulted in higher costs for short sellers. This made holding bearish positions expensive and risky.
Meanwhile, ALPACAâs supply tightened. A supply shock was caused by the teamâs suspension of new token issuance and the burning of about 35 million tokens, or 18.6% of the maximum supply.
Some on-chain observers suspect market manipulation. Positions totaling more than $50 million, including $43 million from short sellers, were liquidated. Itâs possible that coordinated whale activity contributed to price increases which caught leveraged traders off guard.
The situation was likened to the Gamestop short squeeze of 2021, in which institutional short sellers were outbid by retail traders. However, there are still concerns about how long the ALPACA pump can last and what will happen after Binanceâs final delisting.
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埃隆·马斯克的 SpaceX 将派遣一个由四人组成的团队执行极地轨道任务,资金由比特币矿池 F2Pool 的创始人王春提供。
一支由四名宇航员组成的团队正准备进行一次不同寻常的太空之旅,这是人类从未尝试过的旅程:直接飞越地球的南北极。这项任务由埃隆·马斯克的 SpaceX 执行,名为 Fram2,资金来自马耳他的加密货币投资者王春,他通过比特币 (BTC) 挖矿发家致富。
该团队搭乘 SpaceX 太空舱升空,其中包括王在极地探险中认识的三位探险家:挪威电影制片人 Jannicke Mikkelsen、德国机器人研究员 Rabea Rogge 和澳大利亚探险家 Eric Philips。他们之前都没有去过太空。
此次任务定于美国东部时间周一晚 9:46 从佛罗里达升空,机组人员将踏上一条人类航天器从未走过的路径。虽然一些卫星使用极地轨道进行地球观测,但人类任务通常沿着更接近赤道的路径飞行。Fram2 将瞄准真正的 90 度倾角,这意味着它将直接飞越两极。
F2Pool 一度发展成为比特币网络中最大的挖矿池之一,贡献了网络相当一部分的哈希率。
比特币矿池分布 | 来源:Hashrate Index
但随着美国和俄罗斯矿工的崛起,比特币挖矿领域的竞争愈发激烈,F2Pool 的作用也变得越来越小。根据 Hashrate Index 的数据,如今,它仅占比特币总哈希率的 10% 多一点。
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已开采超过 7,000 BTC
目前尚不清楚 Chun 为这次为期数日的飞行支付了多少钱。在 2022 年接受 Staking Rewards 采访时,Chun 表示,在 F2Pool 成立的头两年里,他“亲自开采了 7,700 枚比特币”,截至发稿时价值约为 6.4 亿美元,不过 Chun 承认,他卖掉了早期开采的所有 BTC。
“2013 年 1 月,我卖掉了 2011 年和 2012 年的所有比特币,并偿还了我的初始贷款。我从父母那里借了一些钱来构建第一个 GPU 配置。我记得当时卖出的价格大概是 11 美元。”
Chun Wang
此次太空任务提供了多种研究机会。例如,机组人员将参与太空旅行对人体影响的研究,包括脑液转移和睡眠中断。他们将接受类似于 SpaceX 2024 年北极星黎明号任务的 MRI 扫描。
As early as March 31st at 9:46 p.m. ET, SpaceX will launch Fram2, the first human spaceflight mission to explore Earth from a polar orbit. Fram2 will lift off from Florida and will last about three and a half days.Commander @satofishi, who is funding the mission, will become⦠pic.twitter.com/bOzxdBgalRâ Jenny Hautmann (@JennyHPhoto) March 30, 2025
Space adaptation syndrome, a severe form of motion sickness, will also be studied. More than 60% of astronauts experience nausea in microgravity. Astronauts experiencing severe symptoms may use anti-nausea injections, but these can cause grogginess. The Fram2 team hopes to contribute to developing better treatments.
太空领域的性别差距
此外,此次任务还将包括英国初创公司 Hormona 的一项实验,旨在追踪女性宇航员的荷尔蒙波动。米克尔森和罗格将在飞行过程中使用尿液测试纸。
Hormona 联合创始人 Jasmine Tagesson 在接受 CNN 采访时表示,此次飞行可能有助于缩小“医学领域的性别数据差距”,因为在 700 多名前往太空的人中,只有约 15% 是女性。不列颠哥伦比亚大学医学教授 Jerilynn Prior 博士指出,太空中的压力因素可能会扰乱排卵。“至少,相关的压力可能会缩短黄体期,”她说。
除了医学研究之外,Fram2 还将进行一系列实验,包括在太空中种植蘑菇、在微重力环境下测试锻炼程序以及从轨道上观察极光。
此外,机组人员还将尝试记录史蒂夫极光现象,这是 2016 年发现的一种神秘极光现象。卡尔加里大学空间物理学专家埃里克·多诺万博士指出:“从太空拍摄极光的照片尚未广泛进行。”
The crew is expected to spend three to five days in orbit before returning to Earth with a splashdown in the Pacific Ocean.
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The Ethereum Foundation has unveiled the âTrillion Dollar Securityâ initiative, a wide-ranging effort to scale Ethereumâs security infrastructure to a level capable of supporting trillions of dollars in onchain value.
Announced on May 14, the program reflects Ethereumâs (ETH) ambition to serve as âcivilization-scale infrastructureâ that rivals and surpasses legacy financial systems in safety and resilience.
The initiative will be led by Fredrik Svantes, the Foundationâs Protocol Security Lead, and Josh Stark of the EF management team.Â
This initiative could be a catalyst for future price gains, as investors weigh its potential to boost institutional trust and onchain adoption. Over the past day, Ethereum has experienced a substantial price increase.Â
As of May 14, 2025, ETH is trading at approximately $2,611.09, marking a 3.68% rise over the last 24 hours, according to crypto.news data.Â
Ethereumâs price has rallied over 50% in the past week. These gains are attributed to factors such as increased institutional interest and positive market sentiment following the Pectra upgrade.
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Three program phases
The upgrade will proceed in three phases, according to the foundation. First, mapping vulnerabilities and strengths across Ethereumâs full tech stackâfrom user experience and wallet design to smart contracts and consensus protocols.Â
Next, the Foundation and ecosystem contributors will implement fixes and longer-term improvements.Â
Lastly, the project will focus on improving public communication around Ethereumâs security posture and standards.
The initiative brings in key contributors from across the security ecosystem. These include samczsun, founder of the Security Alliance and security advisor at Paradigm; Mehdi Zerouali, co-founder of blockchain security firm Sigma Prime; and Zach Obront, co-founder of Etherealize and a contributor to OP Succinct.
The Foundation is actively seeking input from the broader community, including auditors and users, to guide the projectâs priorities. Interested contributors can provide feedback through a public form on the Foundationâs website.Â
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