The Shiba Inu community achieved a big goal in burning tokens on May 31, 2025. The ShibTorch system which burns SHIB tokens, acknowledged burning a total of 1,172,072,308 SHIB. This number reflects a 5.62% increase compared to the previous week. Shiba Inu Army Drives Token Scarcity The ShibTorch portal also shared details of recent burns over the past few days. On May 31 at 6:01 UTC, 20,579,943 SHIB tokens were burned. On May 28 at 20:44 UTC, 13,091,149 tokens were removed. A day earlier, on May 27 at 5:30 UTC, 14,374,042 tokens vanished. These actions are part of the community’s plan to decrease the total number of SHIB tokens available. The point of burning Shiba Inu tokens is to lower the supply which can boost its worth. The recent burns show how active the community is in supporting this goal. Their participation in ShibTorch reveals that the SHIB Army cares… Read More at Coingape.com
ZKsync’s official X (formerly Twitter) account was briefly compromised to promote a fake ZK token airdrop.
The fraudulent post claimed that every follower was eligible to claim a share of the initial token supply. It directed users to a suspicious link: “distribution-zksync.io.”
The post remained live for approximately 15 minutes before being deleted. As of now, ZKsync has not issued any public statement confirming the breach.
Despite the hack, there has been no significant immediate impact on the ZK token price, yet. However, further fallout could still materialize if user trust erodes.
Security experts warn users to remain cautious and avoid interacting with any unverified links related to token distributions.
This incident highlights the growing frequency of social media breaches targeting major crypto projects.
The crypto market shows positive signs in the second half of April 2025. Several divergence signals have appeared, suggesting a potential recovery for Bitcoin and altcoins.
Divergence is a key concept in data analysis. It happens when the values of two metrics suddenly shift and move in opposite directions compared to their previous trend. This often signals a change in price momentum. Based on expert analysis and market data, this article highlights five major divergence signals—three for Bitcoin and two for altcoins—to help investors better understand the market outlook.
3 Divergence Signals in April Point to a Bitcoin Price Rally
Historically, Bitcoin and the DXY Index (US Dollar Index) move in opposite directions. When DXY rises, Bitcoin tends to fall, and vice versa. But from September 2024 to March 2025, Bitcoin and the DXY moved in the same direction.
Joe Consorti, Head of Growth at TheyaBitcoin, noted that Bitcoin started decoupling from the US dollar after the announcement of the sweeping tariff regime. A chart from his post shows that in April, while the DXY fell sharply from 103.5 to 98.5, Bitcoin surged from around $75,000 to over $91,000.
Divergence Between BTC And USD. Source: Joe Consorti
This divergence may reflect investors turning to Bitcoin as a safe-haven asset amid global economic uncertainty caused by the tariffs.
“Bitcoin has been diverging from the US dollar since the US announced its sweeping tariff regime. Amidst this global economic reordering, gold and bitcoin are shining,” Joe Consorti predicted.
Another key divergence comes from Tuur Demeester, an advisor to Blockstream. He pointed out a separation between Bitcoin and the NASDAQ Index, which represents tech stocks. Historically, Bitcoin closely followed the NASDAQ due to its ties to tech and macroeconomic sentiment.
But in April 2025, Bitcoin started showing independent growth. It no longer moves in sync with the NASDAQ. While some, like Ecoinometrics, argue that this divergence isn’t necessarily bullish, Demeester remains optimistic.
Divergence Between Bitcoin And NASDAQ. Source: Ecoinometrics
“Bitcoin divergence” and “Bitcoin decoupling” will be dominant headlines for 2025,” Tuur Demeester said.
Specifically, NASDAQ has faced downward pressure from interest rate concerns and slowing growth. Meanwhile, Bitcoin has shown strength, with significant price gains. This suggests that Bitcoin is cementing its role as a standalone asset less tied to traditional markets.
Data from CryptoQuant highlights another divergence—this time in investor behavior. Long-term Bitcoin holders (LTH, those who’ve held BTC for over 155 days) began accumulating again after the recent local peak.
In contrast, short-term holders (STH) are selling off. This divergence often signals the early stage of a re-accumulation phase and hints at a future price rebound.
Bitcoin Long Term Holder Net Position Change. Source: CryptoQuant.
“Why This Divergence Matters? LTH behavior is generally associated with macro conviction, not speculative moves. STH activity is often emotional and reactive, driven by price volatility and fear. When LTH accumulation meets STH capitulation, it tends to signal early stages of a re-accumulation phase,” IT Tech, an analyst at CryptoQuant, predicted.
Altcoin Recovery Round the Corner
Divergence signals also appeared for altcoins, indicating a positive short-term outlook.
Jamie Coutts, Chief Crypto Analyst at Realvision, pointed to a key divergence using the “365-day new lows” indicator. This metric tracks how many altcoins hit their lowest point in the past year.
In April 2025, although altcoin market capitalization dropped to a new low, the number of altcoins hitting new 365-day lows decreased significantly. Historically, this pattern often precedes a recovery in altcoin market caps.
“Divergence shows downside momentum was exhausted,” Jamie Coutts said.
In simpler terms, fewer altcoins hitting rock bottom means less panic-selling. It suggests that negative market sentiment is weakening. At the same time, rising prices show renewed buying interest. These factors hint that altcoins may be gearing up for a recovery—or even an “altcoin season,” a period when altcoins outperform Bitcoin.
Another technical divergence comes from the RSI (Relative Strength Index) on the Bitcoin Dominance chart (BTC.D), noted by analyst Merlijn The Trader. This chart reflects Bitcoin’s share of the total crypto market capitalization.
“Bearish Divergence Spotted on BTC.D. Higher highs on the chart. Lower highs on RSI. This setup doesn’t lie. Altcoin strength is brewing. Watch for trade setups,” Merlijn said.
This pure technical divergence suggests that BTC.D might soon undergo a strong correction. If that happens, investors may shift more capital into altcoins.
The altcoin market cap (TOTAL3) rebounded by 20% in April, from $660 billion to over $800 billion. The divergence signals discussed above suggest that this recovery could continue.
The long-running Ripple vs SEC battle might finally be wrapping up this year. With settlement talks and a critical SEC meeting this week, the stakes are higher than ever for XRP. Here’s a quick rundown of where things stand, what’s next, and why this week could be crucial for XRP.
2024 – SEC Files For an Appeal To the Second Circuit
Last year, the SEC had filed an appeal to the Second Circuit Court of Appeals, challenging a federal judge’s ruling that Ripple’s programmatic sales of XRP to retail customers did not violate securities laws, while institutional sales did.
January 15, 2025 – SEC Files Opening Brief To Overturn the 2023 Ruling
At the start of 2025, the SEC filed an opening brief on January 15th, in its appeal against Ripple, seeking to overturn the 2023 ruling that classified XRP sales differently for institutional and retail investors. The SEC claims all XRP sales should count as unregistered securities, arguing that Ripple’s marketing created profit expectations.
However, Ripple’s legal chief, Stuart Alderoty, brushed it off as old arguments which would be dropped by the next administration.
March 19, 2025 – Both the parties drop appeals
On March 19th this year, the SEC dropped its appeal against Ripple Labs regarding the legal status of the XRP token. This marked a significant regulatory shift for the crypto industry under the new administration.
Although Ripple scored a win on public sales, but it had to pay a $125 million fine as the court still held that institutional sales of XRP did violate securities laws.
May 8, 2025 – $50 Million Deal Finalised
Ripple and the SEC finally settled their long-running legal battle on May 8, 2025, agreeing to a $50 million deal. The deal was followed after months of appeals and negotiations. Ripple got a reduced penalty and the case ended on a favorable terms.
Both the parties also asked the court for an indicative ruling to lift the ban on XRP sales and to release the $125 million penalty held in escrow. Of that amount, $50 million would go to the SEC, and the rest back to Ripple.
May 15, 2025 – Judge Torres Denies Request For Indicative Ruling
But in a recent update, Judge Torres denied SEC’s request to lift the ban on XRP sales to big investors and to lower Ripple’s $125 million fine. After this, XRP’s price dropped from $2.65 on May 14 to $2.30 on May 17. Judge Torres called it “procedurally improper” and was not done in the right way.
However, Ripple’s CLO, Stuart Alderoty pointed out that nothing in the court order affects Ripple’s recent wins—like XRP not being classified as a security and the issue was purely procedural. Fred Rispoli also shared that this will get resolved, but Ripple and the SEC will need 2-3 weeks to prepare and file their motion, followed by another week or two for the judge to make a decision.
What’s Next?
Investors now await the SEC’s next move, a new settlement request that follows the court’s rules. The SEC needs to clearly show that lifting the ban on XRP sales and lowering the fine will benefit both big investors and the public.
Legal Expert Bill Morgan shared a quick timeline on on what could be next. After another three steps, the case could be fully closed.
Right now, Ripple and the SEC are preparing to file a new motion with the correct legal steps. If the court agrees for an indicative ruling, they’ll ask the Appeals Court to send the case back to Judge Torres so she can approve the agreed relief.
Once the Appeals Court agrees, Ripple and the SEC will officially ask Judge Torres to lift the injunction and reduce the fine as they agreed.
After the injunction is lifted and Ripple pays the $50 million fine, both sides will ask the Appeals Court to dismiss the ongoing appeals, which will officially close the case.
This week could bring clarity to the Ripple case, with a closed SEC meeting set for Thursday, May 22. A favorable ruling could clear up things for XRP ETF as well.
The post Why Ripple vs SEC Lawsuit Could Finally End in 2025 appeared first on Coinpedia Fintech News
The long-running Ripple vs SEC battle might finally be wrapping up this year. With settlement talks and a critical SEC meeting this week, the stakes are higher than ever for XRP. Here’s a quick rundown of where things stand, what’s next, and why this week could be crucial for XRP. 2024 – SEC Files For …
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