XRP Price: Time to Buy, Sell, or HODL Near Critical Support?

Tech  XRP Price: Time to Buy, Sell, or HODL Near Critical Support?XRP tests $1.38 support as a descending triangle keeps price action tightly compressed.Glassnode data shows new XRP addresses dropped 85% from December 2024 network levels now.Binance spot markets net-sold over $35M in XRP as buyers absorbed heavy pressure lately.  Market attention has shifted to XRP as the token trades near a key technical zone after failing to clear its upper trendline. XRP remains close to support as on-chain data shows weaker network activity compared with late 2024 levels.  As of press time, XRP is trading around $1.39 and down by 2.19% over the past 24 hours and remains inside a tight $1.38 to $1.42 range. The token is now testing the lower support line of a multi-month descending triangle on the 2-hour chart.  XRP Price Tests $1.38 Support  The support area sits near $1.38. XRP moved into this zone after it failed to break above the upper side of the pattern. The XRP price is still holding above the blue moving average, which is acting as short-term support.  Resistance remains near the red moving average between $1.40 and $1.4199. A clear move above that region could shift attention back to the triangle top near $1.4525.

05-08

Nvidia Stock Advances 3% Ahead of Earnings Report

NVIDIA Corporation, NVDANvidia Stock Rises as Goldman Backs $250 target  Goldman Sachs reaffirmed its Buy rating on Nvidia and kept a $250 price target on the shares. The bank said demand for data center products continues to support upside potential. It also stated that investors may focus on the possible upside to Nvidias $1 trillion data center guidance.  The firm expects a “beat-and-raise” quarter based on current supply and demand trends. However, it said expectations remain high, setting a strong bar for further gains. Goldman added that valuation could improve if hyperscalers show stronger profitability and broader enterprise adoption increases.  The bank also cited opportunities linked to agentic systems and server central processing units. It said these trends could expand Nvidias reach beyond traditional large-scale buyers. The company will release its quarterly earnings results later this month.  AI Spending Plans Support Nvidia Stock Outlook  Large technology companies recently increased capital expenditure forecasts for 2026. Alphabet, Amazon, Meta Platforms, and Microsoft raised combined spending projections to about $725 billion. Analysts at Bank of America and Evercore estimate total capital expenditure could exceed $1 trillion by 2027.  This level of spending supports continued demand for Nvidias graphics processing units. These chips remain central to artificial intelligence workloads in

05-08

Solana price stuck in range - Can SOL reverse its long-term downtrend?

Tech  Solana price stuck in range – Can SOL reverse its long-term downtrend?  Since the 4th of May, Solana [SOL] has rallied 7.2%. Its price has been above $80 for a while now, and AMBCrypto reported that some bulls were confident in the altcoins upward momentum.  Source: SOL/USDT on TradingView  Even after four consecutive green days, SOL continued to labor under a bearish trend. The range formation since February, combined with the downtrend that preceded it, meant SOLs chances of a breakout past the psychological $100 level were slim.  Source: Glassnode  The new addresses growth has been trending downward since March but recently saw a small uptick in new addresses. However, this increase was minimal compared to the new participant interest that accompanied Solana during past bull runs.  Comparing with a bull run might be unfair, given the wide consensus that Bitcoin [BTC] and Solana were in a bear market. The new address growth trends tend to remain muted during times of downturn, as they have been since March.  In other words, the data does not support the idea of widespread retail demand and an impending breakout from the range.  What the MVRV extreme deviation bands can tell us about Solana trendsSource: Glassnode  In May 2022, SOL prices fell below

05-08

Pump.fun Traders See 70% Profitability Surge in 2026

After two years of persistent losses, traders on the meme coin platform Pump.fun are staging a striking comeback. According to CoinGecko data, 70% of Pump.fun wallets recorded profits in March 2026, a significant leap from the platforms low point in June 2025, when only 30.1% of traders were in the green. By April 2026, profitability had climbed further to 73.3%, solidifying the trend reversal.  Pump.fun, launched in January 2024, operates as a Solana-based launchpad for meme coins, allowing users to create and trade tokens with minimal technical skills. The platforms model, built around bonding curves, had initially gained traction but became infamous for high volatility and rampant losses. Between April 2024 and late 2025, the majority of active wallets posted monthly losses, as inexperienced traders flooded the platform.  The turnaround appears to coincide with a decline in overall trading activity. Monthly active wallets peaked at 5.2 million in May 2025 but dropped to 1.8 million by December of the same year. This contraction likely reflects the exit of less experienced retail participants, leaving a more selective and seasoned base of traders. In early 2026, wallet activity started recovering, reaching 3.3 million by March, with profitability metrics improving alongside.  Small Gains Dominate, High-Frequency Trading

05-08

Why Most Trading Platforms Don’t Teach You How to Trade

Tech  Why Most Trading Platforms Dont Teach You How to Trade  The post Why Most Trading Platforms Dont Teach You How to Trade appeared first on Coinpedia Fintech News  Image Source  A trading platform can give you charts, prices, indicators, order buttons, account history, and access to the market. What it usually cannot give you is the judgement to decide whether a trade is worth taking.  That is where many beginners struggle. They open a forex trading platform, see professional-looking tools, and assume the platform will teach them as they go. But access is not education. A platform helps you execute decisions. It does not automatically help you make better ones.  The Illusion of Learning Through Trading Platforms  Many beginners confuse platform use with trading skill. Charts, indicators, demo accounts, news feeds, and tutorials can make the interface feel educational, but most features only show information. They do not teach market context, risk control, emotional discipline, or strategy.Why beginners expect platforms to teach them: Modern apps are designed to feel simple, and onboarding often makes trading look like a few clicks. That can create the impression that the platform will also teach the decision-making behind each trade.Why “tool = skill” is the wrong assumption: A platform may

05-08

XRP Market Controlled By Whales? Dominance Hits 91% On Binance

Tech  XRP Market Controlled By Whales? Dominance Hits 91% On Binance  They say journalists never truly clock out. But for Christian, that‘s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.  Christians journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).  Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a

05-08

Algorand DeFi Tops $95M TVL as Analyst Outlines ALGO Price

Circle‘s USDC dominates that market. It accounts for 98% of stablecoin activity within Algorand’s DeFi ecosystem.  ALGO Valuation Scenarios Draw Market Focus  In an X post, analyst Finance Bull outlined ALGO valuation scenarios based on market capitalization and circulating supply. Using an estimated circulating supply of about 8.9 billion ALGO, he presented several price levels.  Under a $10 billion market cap, ALGO would stand near $1.12. At $50 billion, the price would be around $5.62, while an $80 billion valuation would place it near $8.99.  For a $1 trillion market cap, the implied price would be about $112 per ALGO. He clarified that these figures are not predictions but supply-based scenarios. An analyst said Algorands fundamentals remain key to assessing which market cap range ALGO could support.  Analyst Points to Regulation, Quantum Security, and Adoption  The analyst pointed to regulatory status, quantum security, tokenized assets, and wider platform access. According to his post, the SEC and CFTC classified ALGO as a digital commodity in April 2026.  According to the analyst, Google‘s Quantum AI team referenced Algorand 32 times in a whitepaper related to post-quantum cryptography. The mentions highlighted Algorand’s work in quantum-resistant blockchain security.  Algorand also completed a quantum-safe transaction on mainnet using NIST-approved Falcon signatures. The post

05-08

Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue

remained a major focus in the quarter. Coinbase reported that average USDC held in its products reached about $19 billion, equal to more than one-quarter of circulating USDC. Base, the companys layer-2 network, accounted for 62% of global on-chain transaction , exceeding all other chains combined.  Coinbase also highlighted growth in payment tools. Its x402 protocol handled more than 100 million payments, and USDC was used in nearly all of them, at more than 99%. The firm added that Base was responsible for more than 90% of on-chain agentic stablecoin transaction volume, positioning the network as a leading venue for that emerging use case.  Alesia Haas, Chief Financial Officer, said:  “Were growing new revenue streams, with 12 product lines each generating over $100 million annualized, and prediction markets on their way to becoming the 13th.”  On the financial side, Coinbase posted $303.3 million in Adjusted EBITDA, while net loss came in at $394.1 million for Q1 2026. Management added that the company has now recorded positive Adjusted EBITDA for 13 consecutive quarters and native unit inflows for 12 straight quarters. Coinbase continues to frame its long-term strategy around widening access to crypto products, settlement infrastructure, and global digital payments.

05-08

Consensus Miami Day 3: Real-time coverage and highlights from on the ground

Its the third and final day of Consensus Miami.  To recap yesterday, ICYMI, Patrick Witt, the Executive Director of the President‘s Council on Digital Assets, told the audience at day 2 of Consensus Miami that if the Senate Banking Committee holds a markup this month, it would give the Senate four weeks to merge the bill with the Senate Agriculture Committee version and June to work out issues with the House of Representatives. It’s an aggressive timeline, “but it is an achievable timeline,” he said.  Michael Saylor followed up to lay out his case for yieldcoins, laying out a vision for the potential future of the digital assets sector.  And the time is now to start working on post-quantum security, Project Eleven CEO Alex Pruden said.  Catch up on all of the coverage here.  Today will see panels addressing prediction markets and sports betting, stablecoins, banking and more. Privacy and agentic payments will again take the stage.  Tom Lee will present a keynote, while stablecoin executives will weigh in on recent regulatory advancements. World Liberty Financials Donald Trump, Jr. and Zach Witkoff will take the main stage right after lunch, while payments executives will lay out how crypto cards and other tools will work.  CoinDesk will host

05-08

Bitcoin Analysts Say This Must Happen for a ‘Durable’ BTC Price Recovery

Bitcoin  Bitcoin Analysts Say This Must Happen for a ‘Durable’ BTC Price Recovery  Bitcoins (BTC) relief rally to $82,000 appears to be cooling off, and analysts say key levels must be reclaimed for BTC price to “confirm a durable continuation higher.”  Key takeaways:Bitcoin must break resistance at $85,000-$88,000 to confirm that the bottom is in.Profit-taking on rallies must cool down for a sustained breakout in BTC price.  Bitcoin must reclaim $88,000 as support  saw it reclaim key levels, including the true market mean at $78,200 and short-term holder (STH) cost basis at $79,100.  If the price sustains above these two levels, the 50% drawdown from the $126,000 all-time high to sub-$60,000 levels in February “would rank among the shortest episodes of its kind in Bitcoin market history,” Glassnode in its latest Week Onchain newsletter, adding:  “Attention now shifts to the next major resistance at the Active Realized Price near $85.2K, which tracks the cost basis of all non-dormant supply and represents the next structural threshold the market must reckon with.”  The last time Bitcoin reclaimed its active realized price, in October 2023, it was followed by a 170% rally to its previous all-time high of $74,000 reached in March 2024. These gains increased to 365% once the price

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