Phaver PreisSOCIAL

TRON DAO X account compromised ⚠️ 🔸 On May 2, a team member fell victim to a social engineering attack, allowing an attacker to post fake content and send DMs from our account 🔸 Even after access was restored, the attacker tried to sell posts for payment #TRONDAO #Crypto

TRON DAO X account was compromised from 9:25 AM PST on May 2, 2025. An unauthorized party published a post containing a contract address, sent direct messages, and followed various accounts. A member of team was targeted in a malicious social engineering attack, which led to

XRP token has seen increased institutional support as the odds of a spot XRP Exchange-Traded Fund (ETF) approval rise. The market’s confidence has skyrocketed since approval odds skyrocketed from 65% to 85% in under two months. Grayscale submitted its S-1 document to the SEC to convert its XRP trust and began a 45-day review process. Bitwise obtained formal acceptance to launch its physically-backed XRP ETP. These developments followed the SEC’s extension of the Franklin Templeton decision deadline to June 17. Meanwhile, investors have maintained positive expectations. The approval numbers for a spot XRP ETF have risen after Grayscale and Bitwise made their application public to convert their XRP investment vehicles. Related: XRP ETF Decision Moved to June 17 as SEC Extends Franklin Templeton Timeline Beyond spot products, institutional exposure to XRP derivatives has also been rising. ProShares launched three XRP futures-based ETFs, including leveraged and inverse options, with these products already trading in U.S. markets. Related: SEC Pushes XRP, ETH, and DOGE ETF Deadlines to June—Final Call in Q4? While not spot-based, they demonstrate increasing institutional interest in XRP. Looking at the chart, XRP has held its price at $2.20 through the combined support of its 50—and 100-day EMAs. The technical analysis indicators suggest bullish price trends. The MACD indicator indicates a buy signal after its main line surpasses the signal line. The positive histogram expansion further indicates additional price growth potential. The descending trendline established earlier this year remains an essential barrier to price growth. Market participants observe this price point to determine whether an XRP value surpassing $3.00 will occur. However, short-term resistance is likely around $2.50 and $2.80, where profit-taking may slow gains. The new leadership at the SEC has positively impacted consumer perception. On April 21, SEC Chair Paul S. Atkins gained approval as head of the commission, strengthening attitudes toward crypto investment products. The betting platform Polymarket shows a 79% likelihood that the SEC will approve an XRP ETF before the end of this year. Market trends indicate that the SEC could approve a spot product. Despite momentum, challenges remain. According to Santiment, XRP has lost its social dominance over the last three months, which can constrain price changes driven by retail investors. If XRP price descends below $2.20, technical support levels are key. XRP will likely receive support from its 200-day Exponential Moving Average at $1.99. If that level fails, price could move down towards support levels near $1.61. Beyond price and technicals, XRP holds a strong market position. It continues to rank as the fourth biggest crypto overall. XRP’s circulating supply stands at 58.5 billion tokens out of a maximum of 100 billion with the token’s fully diluted valuation estimated at $221.27 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Ethereum’s position among major cryptocurrencies suffered as it demonstrated disappointing performance during the current times. Ethereum’s market capitalization evolution has unpleasantly disappointed numerous retail investors despite Bitcoin (BTC), Binance Coin (BNB), Ripple (XRP), and Solana (SOL) showing healthy gains. Since March 2024, ETH experienced major price declines relative to other leading crypto assets, according to data from analytics platform Santiment. During the two years between 2022 and 2024 Ethereum maintained approximately 10% of the discourse among key assets. The influence of Ethereum within social discourse stands at approximately 6-7% currently compared to its previous 10% dominance. However, there are emerging signs that ETH will recover from its current situation. Market sentiment towards Ethereum saw a noticeable positive shift at the beginning of May 2025, improving significantly after hitting new lows recently. Increased attention from Key Opinion Leaders (KOLs) on social media may also be encouraging retail investors to re-evaluate Ethereum. Confidence received a further boost from recent statements by Ethereum co-founder Vitalik Buterin. Buterin outlined plans for ongoing innovation and enhancements to the Ethereum ecosystem, giving ETH proponents reason to anticipate future growth driven by development. On-chain data provides further potential positive signals. Information from CryptoQuant suggests that participants in the ETH derivatives market have recently reduced their selling activity. Notably, the net taker volume reportedly turned positive in late April, indicating increased buying pressure and competition among buyers. Technical indicators are also being closely watched by analysts monitoring platforms like TradingView. Ethereum’s 30-day moving average stood at $311,406. The current price level demonstrates an important progress compared to past minimal values. The market outlook for Despite recent price challenges, all of these emerging indicators suggest Ethereum might be nearing a recovery phase, supported by improving market conditions and renewed optimism. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Bitcoin in May 2025, is a metric closely looked at for market direction, with a flurry of bold price predictions from top financial analysts. Reinforcing potentially bullish sentiment around government adoption, U.S. Senator Cynthia Lummis stated on May 2nd that President Donald Trump supports her proposed “ BITCOIN Act .” This legislation outlines a plan for the U.S. government to build a strategic reserve of 1 million Bitcoin over five years. The Act is also seen as the path for the US to become the single largest Bitcoin holder alongside ongoing accumulation by long-term holders as noted by Glassnode. On-chain data from analytics firm Glassnode complements the institutional adoption theme, showing persistent Bitcoin accumulation by long-term holders (LTHs). Glassnode’s analysis indicates that long-term holders continue to accumulate Bitcoin , showing confidence even after purchases made above $95,000. Historically, these long-term investors tend to increase selling (distribution) more noticeably near the $99,900 price point, according to Glassnode’s data patterns. This suggests $99.9k could act as a significant resistance level; breaking above it might open the door for price discovery above the key $100,000 mark. With Bitcoin showing strength and historical patterns often seeing altcoins follow its lead, attention turns to whether utility-focused altcoins are set for major gains this May. However, Santiment’s market analysis brought out a rather complicating factor for a broad “altcoin season.” Santiment observed some profits rotating into altcoins following Bitcoin’s recent move back into the $94,000-$96,000 range. But the firm also noted a simultaneous, significant spike in social media discussions around meme coins. This indicates much of the current speculative interest is currently focused on high-risk, possibly high-reward meme assets rather than established utility projects. Santiment cautioned that increased social media chatter using terms like “altseason” can sometimes act as a contrarian indicator. Technical analysis of the TOTAL2 chart (total crypto market cap excluding Bitcoin) offers a view of the broader altcoin market. On the 4-hour chart, if the current upward momentum sustains, and TOTAL2 breaks above the immediate resistance around the current price level (approximately 1.04T USD), the Fibonacci extension levels provide potential upside targets. Related: Bitcoin Forecast Models Set $250K as the May Target for 2025 Cycle The 1.618 Fibonacci extension level sits around 1.12T USD, the 2.618 level around 1.18T USD, and the 4.236 level around 1.26T USD. These levels could act as significant resistance points where profit-taking might occur. While the current price level of 1.04T USD acts as immediate support, a break below this could lead to further declines. The psychological level of 1T USD could also act as a significant support. Related: Bitcoin (BTC) Price Prediction May 2025: Can BTC Break Above $96K or Face Resistance? The RSI remains close to neutral at 48.53. On the other hand, the MACD indicator just confirmed a bearish divergence with the MACD line (blue) breaking above the orange single line, suggesting that the bears maintain control. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.