Story’s IP has extended its bullish streak, recording another day of gains as its uptrend continues. In the last 24 hours alone, IP has surged 11%, making it the second-highest gainer during this period.
Over the past week, the altcoin has climbed 17%, bucking the broader market decline and solidifying its position as one of the strongest performers.
IP’s Short-Term Outlook Remains Bullish as Buying Pressure Builds
Readings from the IP 12-hour chart hint at a sustained price growth in the short term. For example, the coin’s Moving Average Convergence Divergence (MACD) supports this bullish outlook.
After spending an extended period below the signal line (orange), IP’s MACD line (blue) flipped above it during Wednesday’s trading session, posting a green histogram bar.
This bullish crossover suggests a bullish shift in momentum, indicating increasing buying pressure. The appearance of a green histogram bar reinforces the strength of this trend, signaling that IP’s uptrend could continue. If sustained, this momentum may attract more traders, potentially driving the coin’s price even higher.
Additionally, IP’s Aroon Up Line, which tracks the strength of its trends, confirms that the current rally is still intact, indicating that the uptrend may not be slowing down anytime soon. At press time, this indicator is at 92.86%.
When an asset’s Aroon Up Line is close to 100%, it indicates a strong uptrend. The metric suggests that IP is consistently reaching new highs within the review period. This is true of the coin, which currently trades at $5.91, its highest since March 8.
IP Holds Strong Above Support—Can It Reclaim Its $7.95 All-Time High?
At its current price, IP trades strongly above the support floor formed at $5.54. If the bullish pressure in its spot markets remains, IP could continue its upward trend and attempt to revisit its all-time high of $7.95.
On the other hand, a resurgence in profit-taking among IP holders would invalidate this bullish projection. In that scenario, the coin could lose its recent gains, fall below the $5.54 support, and drop toward $4.05.
In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales.
These opposing behaviors from whales present investors with both risks and opportunities.
Contrasting Ethereum Whales’ Actions
On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at $5.74 million. However, this whale currently faces a temporary loss of $142,000 as the price has dropped to $1,842 per ETH.
On May 1, 2025, Lookonchain reported that multiple whale addresses accumulated thousands of ETH within two hours. These actions indicate that some major investors remain confident in ETH’s long-term potential despite short-term price volatility.
On the other hand, selling pressure from Ethereum whales is significant. On May 2, 2025, OnchainLens reported that a whale deposited 2,680 ETH on Kraken, incurring an estimated loss of around $255,000.
Meanwhile, analysts revealed that another whale transferred 3,000 ETH to Kraken within 10 minutes on the same day, signaling a strong intent to sell.
10 minutes ago, a whale 0xaDd deposited 3k $ETH (~$5.53M) into #Kraken.
Those $ETH were bought since ICO and have been dormant in 3 years before depositing.
Just now, he still has 2k $ETH (~$3.69M) in his wallet.
Notably, a whale who received 76,000 ETH during the 2015 ICO sold 6,000 ETH, potentially securing a profit of $10.92 million.
Additionally, on May 1, 2025, on-chain data showed a whale increasing their short position by borrowing an additional 4,000 ETH. This whale is bringing their total short position to 10,000 ETH, equivalent to approximately $18.4 million.
These moves highlight a clear divergence in Ethereum whale strategies, with accumulation and selling creating significant pressure on ETH’s price.
Market Context and Investor Sentiment
The volatility in whale behavior coincides with a crypto market influenced by various factors. According to BeInCrypto, ETH’s price gained 10% in a week but slightly decreased in the last 24 hours. It is hovering around $1,842—a notable decline from its March 2025 peak of $2,500.
Ethereum Price Chart in the Past Month. Source: TradingView
Despite this, market sentiment shows some positive signs. Ethereum investment products also saw US$183m inflows last week following an 8-week run of outflows. The Ethereum spot ETF had a total net inflow of US$6.4932 million yesterday. This reflects sustained long-term interest from institutions, even amid short-term selling pressure from whales.
Furthermore, a whale’s large 10,000 ETH short position suggests expectations of a near-term price decline, potentially amplifying downward pressure if market sentiment turns negative.
Meanwhile, retail investors appear to be affected by this uncertainty, with ETH trading volume on exchanges dropping 10% over the past 24 hours.
Risks and Opportunities
The opposing actions of whales place investors at a crossroads of risks and opportunities. On the risk side, the selling pressure from whales, particularly the significant short position, could lower ETH’s price in the short term, especially given the overbought market conditions.
However, opportunities also abound. Whales’ accumulation of thousands of ETH reflects long-term confidence in Ethereum’s potential, particularly as the network continues to lead in DeFi, with a total value locked (TVL) of $52 billion in May 2025, according to DefiLlama.
Analyst Merlijn has shown that Ethereum’s current price structure is similar to that of Bitcoin in 2020. Accordingly, he believes that Ethereum will witness a strong boom if history repeats itself.
Ethereum is showing the same structure. Source: Merlijn
Ethereum risks losing developers to Solana, which is gaining momentum due to better startup support and a streamlined user experience.
Yet, technical upgrades like Ethereum 2.0 and the growth of Layer 2 solutions such as Arbitrum and Optimism also support ETH’s long-term development.
Investors might view the current lower price levels as an opportunity to accumulate, but they should closely monitor whale activities and technical indicators to mitigate correction risks.
Paris Blockchain Week 2025, Europe’s flagship blockchain and Web3 event, wrapped up its sixth edition at the iconic Carrousel du Louvre, once again raising the bar for global industry gatherings. With over 9,600 attendees from 95 countries, including 67% C-suite executives, this year’s event underscored the growing influence of blockchain across the broader tech and financial sectors.
More than 500 speakers took the stage, including major names like Charles Hoskinson (IOHK), Monica Long (Ripple), Adam Back (Blockstream), and Clara Chappaz (France’s Minister Delegate for AI & Digital Affairs), reflecting the event’s global reach.
Spotlight: PSG × Matchain Side Event – A Landmark Moment in Sports & Web3
One of the standout moments of the week took place outside the main conference venue at the iconic Parc des Princes, where Paris Saint-Germain and Matchain hosted a special side event announcing the launch of their Joint Innovation Studio.
BeInCrypto joined as the official media partner for this exclusive gathering, which brought together sports executives, blockchain leaders, and technologists to explore the future of decentralized identity, fan engagement, and Web3 innovation in sports.
Petrix Barbosa, CEO of Matchain, announced the initiative and celebrated Matchain’s award for Innovation of the Year, spotlighting their pioneering work in tokenized identity solutions.
Pär Helgosson, Head of PSG Labs, emphasized PSG’s continued push to integrate Web3 technologies into fan experiences and digital strategy.
The atmosphere at the stadium matched the ambition of the project, merging cutting-edge blockchain use cases with the passion and scale of global sports. As media partner, BeInCrypto provided exclusive coverage, interviews, and behind-the-scenes insights from this milestone event.
Exclusive Interviews with Web3 Leaders at Paris Blockchain Week
Throughout the week, the BeInCrypto team conducted high-level interviews with thought leaders and executives shaping the future of blockchain:
Aimann Faizz, Head of Business Development at CoinGecko
Andrey Fedorov, Chief Marketing Officer and acting Chief Business Development Officer at STON.fi
Pierre Samaties, CEO of Dfinity Foundation
Alexis Yellow, Founder and Executive Chairman, Yellow
Robby Yung, CEO, Animoca Brands
Javier Rodriguez-Alarcon, COO, XBTO
David Prinçay, director, Binance France
Their insights touched on everything from decentralized finance and tokenized data to semantic identity and sports monetization via blockchain.
Industry Themes and Investor Highlights
A recurring message across the conference was the resilience of blockchain technologies amid economic uncertainty and regulatory transformation. Speakers like Charles Hoskinson and Monica Long emphasized blockchain’s foundational role in shaping future financial systems.
Regulatory spats between the USA and EU have sparked lively debates, with many nodding in agreement that MICA stands as a cornerstone for clearing up the crypto circus on one side of the Atlantic. Meanwhile, the tokenization of real-world assets has become the hot new trend on the block. Following the ETF bandwagon, it appears even the old-school financial giants are seeing tokenization as their golden ticket into the crypto world.
Meme coins, those oddballs of the crypto market, continue to hold their ground as a quirky yet surprisingly significant sector, even though the recent market dip has widened the rift between the staunchly “serious” Bitcoin advocates and the more colorful meme coin enthusiasts.
Beyond the buzz of tokenization, utility coins are tiptoeing back into the spotlight, though hitting a critical mass of users is proving to be a bit like herding cats – a major roadblock on their path to stardom.
As for the tech vanguards, security and scalability remain their pet peeves, with fresh solutions popping up left and right. The ongoing tug-of-war between achieving robust decentralization and actually making these solutions user-friendly continues to fuel fiery debates among the most tech-obsessed attendees at the event.
On the investor side, the “Start in Block” pitch competition attracted 1,000+ startups and 400+ investors, with €10 million in funding up for grabs. Meanwhile, side events like AgentX, Bitcoin Investors Day, and an exclusive VIP dinner under the Louvre Pyramid kept the conversations and deal-making going beyond the conference floor.
Global Coverage & Media Reach
With more than 400 journalists attending from top global outlets, media coverage of PBW 2025 reached unprecedented levels, reinforcing its role as a platform where narratives around innovation and regulation are actively shaped.
About Paris Blockchain Week
Held annually in Paris, PBW is one of the largest and most respected events in the blockchain calendar. The 2025 edition took place April 8–10 at Carrousel du Louvre, hosting over 400 speakers and creating more than 36,000 in-app meetings, making it a global epicenter for Web3 dialogue and partnerships.
World Liberty Financial (WLFI)’s USD1 stablecoin has surpassed a $2 billion market capitalization.
The milestone comes amid a significant expansion in the stablecoin sector, with experts predicting it could surge to $2 trillion in the coming years.
USD1 Stablecoin’s Growth: From $128 Million to $2 Billion
WLFI co-founder Zach Witkoff shared the development in the latest X (formerly Twitter) post.
“Proud to announce that @worldlibertyfi USD1 stablecoin has officially crossed $2 billion in market cap. Proud of the team, onwards!” Witkoff posted.
Data from BeInCrypto shows that USD1 experienced significant growth over a short period. On April 28, its market cap was $128 million. However, by the next day, it surged to $1 billion.
“Congratulations to the @worldlibertyfi team on USD1 reaching a $1 billion market cap,” BitGo wrote on X.
This highlights the increasing adoption and trust in USD1. The ascent positions it as one of the fastest-growing decentralized stablecoins in the market since its launch in late March.
Data from Dune’s blockchain analytics platform provides further insight into the factors driving this expansion. A series of minting events in the last week of April catalyzed the stablecoin’s market cap increase to over $2 billion.
These minting activities align with WLFI’s strategic efforts to expand the token’s circulation. Earlier this month, the DeFi project proposed a USD1 airdrop to early supporters. As BeInCrypto reported, the airdrop is intended to test the on-chain distribution system, reward adopters, and enhance visibility ahead of a full-scale deployment.
USD1’s rise, however, has not been without scrutiny. The project has drawn attention due to President Donald Trump’s involvement, raising concerns among lawmakers about potential conflicts of interest.
Despite this, USD1’s market performance indicates strong investor confidence. The stablecoin’s rapid growth suggests it may continue to play a significant role in the digital asset market. However, its future will likely depend on both market dynamics and regulatory developments.
