News & Insights

Stay updated with the latest developments from the XRP Echo validator, token governance, and the broader XRPL ecosystem.

ETF 10:00, 02 May 2025

21Shares seeks SEC’s nod for spot Sui ETF – How did the altcoin react?

21Shares, a significant player in the digital asset management space with around $10 billion in assets, has applied to introduce a U.S. spot Sui (SUI) ETF, making it the second company after Canary Capital to seek regulatory approval for such a financial product. The filing of the S-1 form with the Securities and Exchange Commission (SEC) outlines that the ETF will be cash settled and that Coinbase will act as the custodian. This move marks a growing interest in integrating blockchain technology with traditional financial products, as spot ETFs directly invest in physical assets rather than derivatives.

ambcrypto.com
1. Ecosystem Growth 2. Institutional Interest 3. Strategic Utility Developments 09:22, 02 May 2025

3 Must-Have Altcoins to Stack for the 2025 Crypto Rally

As the crypto market approaches 2025, certain altcoins are displaying a strong forecast for growth. SUI, HBAR, and XRP are among those drawing attention from investors and analysts due to various developments and strategic movements within their respective ecosystems.

www.crypto-news-flash.com
1. Fibonacci retracement 2. OBV (On-Balance Volume) 3. RSI (Relative Strength Index) 08:00, 02 May 2025

How and why PENGU could soon face a 40% price drop

The market for Pudgy Penguins (PENGU) has recently displayed a bullish trend, surging by 137% over two weeks and suggesting a decidedly positive shift in market structure. The early February resistance level at $0.0135 was tested, and at the time of reporting, PENGU was supported by the $0.0108 level. This growth in PENGU's value was mirrored by Bitcoin's (BTC) own 15% increase over the same timeframe, which allowed altcoins some breathing room. However, not all altcoins experienced the same level of outperformance as PENGU, indicating that Pudgy Penguins had particular strengths driving its surge. Additionally, the increasing floor price of Pudgy Penguins Non-Fungible Tokens (NFTs), which climbed from 9.54 to 11.5 ETH, has contributed to the rising demand for PENGU tokens.

ambcrypto.com
L1 scaling 07:30, 02 May 2025

Ethereum’s Vitalik Buterin unveils 2025 goals – Impact on $1.9K price target? 

Ethereum’s co-founder, Vitalik Buterin, has recently articulated his key objectives for the blockchain platform looking forward to 2025. Buterin's main focus is on layer one (L1) scaling, suggesting that significant importance is being placed on improving the Ethereum blockchain's fundamental architecture to handle more transactions and applications effectively. This commitment to scaling is aligned with the goals of the restructured Ethereum Foundation leadership, which emphasizes decentralization and resilience to enhance security within the ecosystem.

ambcrypto.com
1. Insider trading 2. Funding rate 3. Ascending triangle pattern 07:00, 02 May 2025

MOVE traders keep buying, DESPITE concerns over Foundation’s insider trading – Why?

A recent report has unveiled that the Movement Foundation, backed by Trump's World Liberty Financial, engaged in insider trading by entering into a loan agreement with an external party. This transfer saw 50% of MOVE’s circulating supply being handed over, resulting in a subsequent dump of 66 million MOVE tokens, valued at $16.96 million. Traditional market dynamics would suggest that such an action, indicative of waning market confidence, should cause a price drop. However, MOVE has seen a contrary reaction in the market.

ambcrypto.com
1. Ripple 2. Digital Assets 3. Crypto Regulation 06:06, 02 May 2025

Ripple Says UK Regulations Hold the Key to Explosive Crypto Growth

Ripple, a major player in the digital assets industry, is eyeing significant expansion in the UK market. Cassie Craddock, Ripple’s Managing Director for the UK and Europe, has expressed optimism regarding the UK’s potential in becoming a competitive hub for digital assets, driven by changes to the country's regulatory framework for cryptocurrencies. Ripple, possessing one of its largest offices in London, sees an established business environment in the UK for cryptocurrencies.

www.crypto-news-flash.com
1. Gold revaluation 2. Bitcoin acquisition 3. Resistance level 06:00, 02 May 2025

Coinbase exec – U.S. could secretly unlock $100B for Bitcoin using gold revaluation loophole

Sebastian Bea of Coinbase Asset Management has presented a plan to significantly increase the United States government's investment in Bitcoin, focusing on a unique method of generating necessary funds. This plan involves reevaluating the country’s gold reserves to offer the financial flexibility needed for such a large-scale purchase without affecting the national budget.

ambcrypto.com
1. Bitcoin (BTC) 2. MVRV Bands 3. Liquidation Heatmaps 05:00, 02 May 2025

THREE reasons why Bitcoin is set to hit $107K next!

Bitcoin (BTC) has demonstrated a strong rebound after weathering a market downturn earlier in April, with trading momentum indicating significant bullish sentiment. The cryptocurrency has not only breached pivotal resistance levels at $93.1k but has also exceeded $95.3k, showcasing a robust recovery trajectory. Analyst Willy Woo, along with corroborating liquidation heatmaps, projects potential ascents to price levels such as $108k and $107k respectively.

ambcrypto.com
1. Liquidations 2. Leverage 3. Fundamentals 03:00, 02 May 2025

XRP faces 1000% liquidation surge as price dips to $2.15 – Is a bullish reversal next?

The digital asset XRP recently underwent a significant market correction, plummeting to below $2.20 and resulting in a massive liquidation of long positions, which totaled approximately $13.9 million. This liquidation event, which was heavily skewed towards long positions at a rate of 1000% compared to short positions, highlighted the extent to which the market was overleveraged. The resulting forced sell-offs led to a precipitous drop in XRP's price to $2.15.

ambcrypto.com
1. Bitcoin 2. Altcoin 3. Pump.fun 01:00, 02 May 2025

Crypto crisis unfolds: 1.8M tokens fail in Q1 2025 – What sparked it?

Since 2021, the cryptocurrency industry has gone through dramatic highs and lows as the market faced both increased acceptance and notable shifts in dynamics, especially throughout 2024 and 2025. CoinGecko's research highlighted a stark reality in the cryptocurrency world: more than half of the projects launched since 2021 have failed, which equates to about 3.7 million out of nearly seven million tracked tokens becoming inactive. These closures have peaked during the early months of 2025, where as many as 1.8 million tokens failed.

ambcrypto.com
- Coin Days Destroyed (CDD) - Netflow - MVRV Ratio 00:00, 02 May 2025

Bitcoin: Is there a shift in whale behavior? – THESE metrics say so

Bitcoin's recent market activity has shown signs that long-term holders are slowing down their distribution of coins, which is indicated by the decreased Coin Days Destroyed (CDD) metric. After a year of significant activity, the 60-day CDD has returned to baseline levels, hinting at a potential accumulation cycle on the horizon. Bitcoin has consistently traded just below the pivotal $96K resistance level, with a modest increase of 0.45% on the day, raising questions about whether a breakout is imminent.

ambcrypto.com
1. Whale activity 2. Spot volume delta 3. Sell-side pressure 23:00, 01 May 2025

Crypto market in shock! – Whale moves $170M Bitcoin: Why & what next?

In an unexpected market move, a significant amount of Bitcoin, valued at around $170 million, was transferred between two unidentified wallets. This transaction, involving 1,811 BTC, occurred just as the cryptocurrency market experienced a noticeable dip, particularly with Bitcoin’s value falling from $95K to below $93K. The large-scale movement of funds, also known as 'whale activity,' has generated speculation within the community about the purpose behind this movement, whether it reflects a strategy of accumulation at lowered prices or signifies an intention to prepare for an exit.

ambcrypto.com
1. STH SOPR (Short-Term Holder Spent Output Profit Ratio) 2. Demand Momentum 3. Profit-Taker RSI (Relative Strength Index) 22:00, 01 May 2025

26K Bitcoin floods exchanges in 24 hours – But one concern arises

Over the past week, Bitcoin experienced noteworthy gains, leading to most short-term holders (STHs) being in profit after a period of holding their coins at a loss. Given their return to profitable positions, these short-term investors began to offload their Bitcoin holdings to realize profits. Evidence of this selling activity is observed in the STH SOPR (Spent Output Profit Ratio), which has sustained a level above 1, indicating that coins moved by short-term holders were, on average, sold at a profit during that time.

ambcrypto.com
Solana 21:00, 01 May 2025

Solana: Why $100-$120 could be the sweet spot for buyers

Solana [SOL], a prominent cryptocurrency, has demonstrated potential signs of reaching a long-term market bottom. With the price per SOL testing the $115 support level repeatedly over the past 14 months, notable attention was drawn when the price of SOL dropped to $100 in early April, the lowest point since February 2024. This was seen as an indication of a potentially opportune buying moment for investors.

ambcrypto.com
BTC 20:00, 01 May 2025

Here’s what happened in crypto today – Ripple’s bid for Circle, BTC, & more

Bitcoin (BTC) maintained a stable price range between $92,000 and $95,000 after the release of U.S. inflation data at the end of April, which came in cooler than expected. The inflation metric closely watched by the Federal Reserve, the Personal Consumption Expenditures (PCE) Price Index, showed a 2.3% increase year-over-year in March. Meanwhile, the Core PCE Price Index, which strips out the prices of food and energy due to their volatility, rose by 2.6% over the same period. This was in line with analysts' forecasts and points towards no significant increase in inflationary pressures.

ambcrypto.com
1. Triple bottom pattern 2. Daily transactions 3. Trend reversal 19:00, 01 May 2025

Can Sonic [S] rise 130% after 360K surge in transactions?

Sonic, a digital asset, has shown a significant change in its market behavior, indicating a potential reversal of its recent downward trend. Notably, Sonic's price broke out of a triple bottom pattern, which is widely recognized in technical analysis as a bullish signal. This pattern is characterized by the asset's price touching a support level three times and rebounding each time, suggesting a strong level of buyer interest and potential turnaround.

ambcrypto.com
1. Fibonacci extension level 2. CMF (Chaikin Money Flow) 3. RSI (Relative Strength Index) 18:00, 01 May 2025

Hyperliquid breaks $19.2 amidst bearish signals – Is $22 possible?

The cryptocurrency asset Hyperliquid (HYPE) experienced a significant breakout after consolidating below the $19.2 level for 11 days. It then successfully turned this level into a supportive base, even in the face of a bearish momentum divergence that was observed alongside the breakout. This positive price movement comes in conjunction with Hyperliquid surpassing TRON (TRX) in terms of fees generated over 24 hours, where HYPE generated $2 million in comparison to TRX's $1.9 million. The increase in on-chain activity for HYPE is believed to be a contributing factor to this fee disparity.

ambcrypto.com
1. Daily transactions 2. Open Interest 3. Network fees 17:00, 01 May 2025

Solana’s 62.7% transaction surge in April: Is the stage set for $146?

Solana (SOL) experienced significant user activity and market interest in April, evidenced by the notable increase in daily transactions, fees, and Open Interest. As the cryptocurrency ended the month, there were indicators that its upward momentum might be just the beginning of its growth trajectory.

ambcrypto.com
1. Spot Inflow/Outflow 2. OI-Weighted Funding Rate 3. Long/Short ratio 16:00, 01 May 2025

SUI’s rally faces $3.70 resistance—A 35% surge possible only IF…

On-chain data suggests significant market movement for the cryptocurrency Sui (SUI) with an outflow of $40 million worth of SUI from exchanges in just three days. This trend is typically indicative of accumulation as traders move their coins to private wallets, which can decrease the available supply on exchanges and lower the potential for sell-offs. This behavior not only reflects a form of investment confidence but can also act as a buffer against market volatility, lessening the impact of price drops.

ambcrypto.com
Ripple 15:00, 01 May 2025

Ripple’s failed $5 billion bid for Circle – The consequence for XRP’s future

Ripple, a blockchain payments company known for its cryptocurrency XRP, has made headlines with its attempt to acquire Circle, a rival firm that issues the stablecoin USDC. The reported bid was between $4 billion to $5 billion but was allegedly turned down by Circle for being "too low." The exact details of the bid are uncertain, as the companies involved have not publicly confirmed the proposal. Meanwhile, a representative from Circle dismissed the acquisition talk as a "market rumor" and highlighted the company's focus on an upcoming Initial Public Offering.

ambcrypto.com
Whales 14:00, 01 May 2025

Dogecoin whales scoop 100 mln DOGE, but price is unaffected: What now?

In recent market activity, both whales (large holders of cryptocurrency) and spot traders have shown a propensity for accumulating Dogecoin (DOGE), contributing to an increased demand for the digital currency. Despite this, long traders have faced significant financial setbacks within the span of the previous day.

ambcrypto.com
Bitcoin reserve bill 13:00, 01 May 2025

North Carolina House passes landmark crypto investment bill: State Bitcoin exposure begins?

North Carolina is taking a strategic step into the digital asset realm with the approval of a new bill by the state's House of Representatives. The bill, known as the “Digital Assets Investment Act” (HB92), allows the state treasurer to allocate up to 5% of investment funds into approved digital assets, subject to intensive custody and compliance assessments. The bill, which passed with a 71–44 vote, is designed to grant the state the ability to invest in digital assets indirectly through regulated funds like Bitcoin mutual funds rather than through direct cryptocurrency purchase.

ambcrypto.com
1. Exchange Supply Ratio 2. Short liquidations 3. Funding Rate 12:00, 01 May 2025

Ethereum headed for $2,000? 2 factors fueling ETH’s surge

Ethereum is currently experiencing several positive market indicators that could suggest impending price growth. The Exchange Supply Ratio of Ethereum has notably decreased, highlighting that holders are moving their ETH away from exchanges and possibly into more secure storage or decentralized finance (DeFi) platforms. This reduction in exchange supply implies lower sell-side pressure and, consequently, a scarcity of ETH for sale that could propel the price upwards.

ambcrypto.com
Blockchain 11:00, 01 May 2025

Ripple Attempts $5 Billion Takeover Of USDC Issuer Circle, Bid Rejected

Ripple Labs, a major player in the blockchain payment industry, has shown significant interest in expanding its reach in the stablecoin market by attempting to acquire Circle Internet Group, the issuer of the USDC stablecoin. Ripple made a bid to purchase Circle at an estimated value ranging between $4 billion to $5 billion. However, Circle has rejected this bid, considering it too low.

bitcoinist.com
1. Accumulation 2. Market consolidation 3. Resistance levels 11:00, 01 May 2025

Bitcoin market shift alert! – Whales pile in, small holders exit: Why?

The dynamics within the Bitcoin market are experiencing a realignment as the behavior of different classes of holders diverges, likely setting the groundwork for a significant price move in the future. Whale wallets, defined as accounts holding in excess of 10,000 BTC, are demonstrating aggressive accumulation behaviors, nearing peak levels with a staggering accumulation score of 0.95. Such high scores are typical of entities positioning themselves with a substantial long-term commitment to the cryptocurrency.

ambcrypto.com