XRP Price 35% Crash Still in Play? Bears Have Eyes on $1.20

Crypto exchange Gemini has listed Ripple’s stablecoin, RLUSD, for trading. The move was confirmed in a recent announcement by the exchange, stating that deposits and withdrawals are now enabled for the asset.

Gemini Lists Ripple Stablecoin RLUSD

According to an X post, crypto exchange Gemini has enabled trading, deposits, and withdrawals for RLUSD. The announcement follows a cryptic message earlier in the day that drew attention from the XRP community due to a coded reference to RLUSD.

The message included a stylized sentence—“futures are brighteR when we buiLd Up System that upgraDe finance”—with specific capitalization of the letters “R, L, U, S, D.” This acrostic has led users and analysts to believe the post was an intentional nod to Ripple’s dollar-backed stablecoin.

Digital asset commentator Amelie shared the post on social media, stating, “Gemini seems to be subtly acknowledging RLUSD.” While Gemini has not officially confirmed whether the embedded message was intentional, RLUSD’s listing now brings the total number of exchanges offering the token to 15.

RLUSD Adoption Expands Across Exchanges

Before its listing on Gemini, RLUSD was already available on several digital asset platforms. These include Uphold, Moonpay, B2C2, Keyrock, Coinmena, Archax, Bitso, JST Digital, Independent Reserve, Bullish, MB, Zero Hash, Revolut, and Bitstamp.

Ripple’s website confirms that these platforms support RLUSD for a range of financial services. These include trading, payments, and broader financial utility for both retail and institutional users. With the addition of Gemini, RLUSD’s availability now covers more geographical regions and user bases.

By expanding exchange support, Ripple aims to make RLUSD accessible to users involved in different use cases. These include cross-border transactions, stablecoin custody, and crypto-to-fiat conversions.

Ripple Donates $25M in RLUSD to US Education

On May 5, 2025, Ripple announced a $25 million donation in RLUSD to benefit public education across the United States. The donation will be distributed through DonorsChoose and Teach For America. These nonprofits support K–12 classrooms and teacher training programs in underserved communities.

The funds are being used to buy school supplies, digital tools, and classroom technology. Teachers will also receive direct support to improve educational delivery. Ripple stated that this move is part of its ongoing commitment to promoting financial literacy and equitable access to education.

A representative from Ripple said, “We’re proud to partner with these organizations and help support thousands of classrooms with RLUSD.” The use of the stablecoin in philanthropic efforts also serves to demonstrate its functionality outside of trading platforms.

RLUSD Integration and Institutional Use Grows

Ripple has integrated RLUSD into its enterprise payment product, Ripple Payments. The stablecoin will be used by select financial institutions to streamline cross-border treasury operations. This aims to increase the reliability and speed of cross-border payment processing amid the increasing calls for stablecoin regulations.

Ripple also announced the acquisition of Hidden Road, a prime brokerage firm, for $1.25 billion in April 2025. According to Ripple, RLUSD will be used as collateral within Hidden Road’s trading and settlement services for institutional clients.

This acquisition is seen as part of Ripple’s broader push into institutional finance. The firm plans to expand RLUSD’s role in professional trading and brokerage services by embedding it into risk management and liquidity strategies.

The post Breaking: Gemini Adds Ripple Stablecoin RLUSD appeared first on CoinGape.

Bitcoin price has surged to a two-week high, crossing the $91,000 mark, following a strong period of upward momentum. This marks a significant achievement for BTC, which had faced recent volatility, but now appears to be on an impressive rally.

The Bitcoin price surge has drawn attention from market participants, as several analysts and traders share their views on what might come next for the leading cryptocurrency.

Bitcoin Price Surges Above $91K

Bitcoin’s recent movement has been notable for surpassing crucial resistance levels. The price managed to break through the $88,700 barrier and has set its sights on the next target: the $90,000 to $94,000 range. At press time, BTC price was trading at $91,245, a 3% surge from the intraday low and 7% up in the last week.

According to Daan Crypto Trades, a market analyst, Bitcoin price faces resistance from its 200-day simple moving average (SMA), which sits just above the $89,000 level. In a recent post, Daan emphasized that overcoming these levels is crucial for confirming a continued breakout. He added, “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them.”

Traders have noted the strength of the momentum, pointing out that Bitcoin’s current rally could be part of a larger trend, potentially signalling the start of the third and final leg of the current market cycle. Michael Saylor, the strategy chairman of MicroStrategy, also expressed optimism about Bitcoin’s growth. His simple post, “Bitcoin is Climbing,” resonated with market watchers who believe the cryptocurrency’s value will continue to rise.

Why Is BTC Price Rising Today?

Several factors appear to be contributing to Bitcoin’s recent price climb. One key element is the weakening of the U.S. dollar, which has created a more favourable environment for Bitcoin and other assets.

This is because, as the dollar weakens, Bitcoin has been seen as an inflation hedge, attracting investors. Moreover, the interest in exchange-traded products has also surged, as Bitcoin ETFs in the United States observed the most daily inflows since January 2025. This positive sign indicates that more institutional players are entering the Bitcoin space.

Recently, the famous author of “Rich Dad, Poor Dad,” Robert Kiyosaki, gave his forecast and said that he has no doubt that Bitcoin can easily reach $180k or even $200k by 2025.

Furthermore, despite the continued volatile conditions in the global markets, the price of Bitcoin has remained quite stable. Analysing Bitcoin price movements, Bloomberg analyst Eric Balchunas observed that Bitcoin has shown a negative correlation with stock markets more recently. The global stocks have been under pressure, but Bitcoin rose, suggesting that it can act as a hedge with respect to stocks, especially to portfolios.

What’s Next for Price After Hitting Two-Week High?

After hitting its 14-day high, Bitcoin price will have to break one more level; the consolidation area is between $90,000 and $94,000. Based on these levels, analysts claim that the next reachable level might be $92,000, although some of the experts believe that BTC might even surpass this value despite some worries of a fake bullish breakout.

The previous high at the Kumo cloud also acts as a resistance level. In an analysis, Bitcoin is currently at the upper side of the Kumo Cloud, which is a highly resistant region according to crypto analyst Titan of Crypto. Should Bitcoin price close above this level, the next probable target would be the daily Fair Value Gap at $92,000.

According to analyst Crypto Rover, Bitcoin’s long-term outlook also remains positive, with analysts pointing to the increasing supply of long-term holders as another bullish signal. As more investors hold onto their Bitcoin for extended periods, the available supply on exchanges decreases, creating potential upward pressure on the price.

The post Bitcoin Price Climbs to Two-Week High of $91K, What Next? appeared first on CoinGape.

The post Ethereum Prepares for Potential Pullback as Whales Exit: Is a Deeper Correction Ahead for ETH? appeared first on Coinpedia Fintech News

In the past few days, the crypto market has seen strong gains, with Bitcoin’s price creating a new all-time high. But this rise triggered a profit-taking sentiment, which caused the market to temporarily peak. Ethereum, in particular, struggled to stay above its recent high as large investors started pulling back their money. As a result, there might be a short-term correction for ETH price ahead.

Ethereum Struggles in Meeting Buying Demand

A market-wide rebound, driven by Bitcoin hitting new all-time highs and better overall economic conditions, helped push Ethereum’s price up to an eight-week high of $2,731. However, it’s now having trouble attracting strong buying interest, as many short-term investors have already sold to lock in profits.

According to Coinglass, over the past 24 hours, more than $40.66 million in Ethereum positions were liquidated. Of this, 15.12 million from buyers and $25.54 million from sellers. Meanwhile, data from IntoTheBlock shows a sharp drop in large transaction volume, falling from $12.24 billion to $3.28 billion in just three days.

This suggests that big investors are stepping back, which is weakening the upward momentum in ETH’s price. With whales pulling back, sellers might gain the upper hand in the short term, possibly leading to a price correction.

Despite some recent price struggles, Ethereum’s defi activity continues to grow. The total value locked in Ethereum rose from $50.63 billion on April 26 to $62.7 billion by May 26, a jump of over 25% in just under a month.

Also read: What’s Next for Ethereum Price? Will the ETH Price Mark A New ATH in June 2025?

Some of the biggest gains came from platforms like Pendle, where deposits increased by over 50%, and Ether.fi and EigenLayer, both of which saw 48% growth. Ethereum still leads all blockchains in TVL, holding 54% of the market. For comparison, Solana holds 8%, and BNB Chain has 5% among Layer-1 networks.

This strong DeFi growth could help support ETH’s price and reduce the chances of a major drop, as many investors remain bullish about a rebound.

What’s Next for ETH Price?

Ether recently faced resistance around $2,731, resulting in a drop below the immediate Fib levels. As bears strengthen their dominance, buyers struggle in triggering a recovery rally. As of writing, ETH price trades at $2,535, declining over 0.6% in the last 24 hours.

The ETH/USDT pair might fall to the 100-day EMA (around $2,456), which is an important support level to watch. If the price bounces back strongly from that point, buyers may make another attempt to push past $2,750. If they succeed, the price could rise toward $3,000. There is some resistance around $2,870, but it likely won’t hold for long.

However, if the price drops below the 100-day EMA, this bullish outlook could change. In that case, the pair might fall further toward the descending trend line at $2,329. As the hovers below the midline, the chances of a bearish correction rise for ETH price.

The post Ethereum Prepares for Potential Pullback as Whales Exit: Is a Deeper Correction Ahead for ETH? appeared first on Coinpedia Fintech News
In the past few days, the crypto market has seen strong gains, with Bitcoin’s price creating a new all-time high. But this rise triggered a profit-taking sentiment, which caused the market to temporarily peak. Ethereum, in particular, struggled to stay above its recent high as large investors started pulling back their money. As a result, …