updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.
From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
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In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.
For much of late 2024 and early 2025, many in the crypto world believed XRP could overtake Ethereum in market capitalization. The belief grew after XRP’s powerful rally late last year, which saw it outperform most major coins while Ethereum struggled to hold key price levels.
At the time, market analysts were confident the gap between the two would soon close. Now, one of the most vocal supporters of the flippening, a popular analyst known as Charting Guy, has reversed his position and says it’s unlikely to happen anytime soon.
Charting Guy pointed to the period between November 2024 and January 2025, when XRP surged nearly 600%, while ETH barely moved and even dropped to lows of $1,385 in April. During that time, XRP’s price strength and rapid market cap growth, increasing about seven times in just weeks, led many to believe it could become the top altcoin.
However, in a post this week, Charting Guy admitted, “that is no longer the case.” He explained that he re-entered Ethereum in April, near its lows, and since then, ETH has shown “immense strength.” As of today, Ethereum is trading just 10% below its all-time high of $4,891, reaching $4,784 earlier in the day. Its current price of $4,736 marks a 239% increase from its April low.
The surge pushed Ethereum’s market cap to $572 billion, compared to XRP’s $193 billion. The gap between them, now more than $368 billion, has grown significantly since July 13, when it was under $200 billion. Charting Guy says Ethereum’s strong performance has made a flippening far less realistic, at least in the near term.
In the past four weeks alone, ETH has jumped 52%, while XRP’s growth has largely stalled. Even if XRP were to rise 2.5 times from its current price of $3.22 to roughly $8, its market value would be around $477 billion, still far short of Ethereum’s current level.
Charting Guy also pointed out that for XRP to match Ethereum’s current market cap, it would need to reach $9.30, and that’s assuming ETH stops moving entirely while XRP rallies 3x. In his view, that scenario is “rather unlikely.” He warned against listening to “moon boys” who push unrealistic XRP price targets while ignoring Ethereum’s continued strength.
Instead, he advises investors to hold both assets, arguing that being too focused on one coin leaves traders exposed if the market moves in a different direction. He stressed that Ethereum’s strong rally was overdue, as it had been playing catch-up to Bitcoin for most of the season.
What once seemed like a real possibility now appears distant as Ethereum gains momentum. While XRP still has room to grow, it’s clear that Ethereum is not standing still, making the race between them more one-sided for now.
Featured image from Dall.E, chart from TradingView.com
Bitcoin’s relentless rally is prompting some analysts to revise their boldest predictions.
Standard Chartered’s Geoffrey Kendrick, a well-known Bitcoin bull, has now admitted that his earlier forecast of $120,000 for the world’s largest cryptocurrency might be too conservative.
In an email shared with clients on Thursday, Kendrick said, “I apologise that my USD120k Q2 target may be too low,” acknowledging the accelerating momentum in Bitcoin’s price.
As of Thursday, Bitcoin was trading just shy of the $100,000 mark—up over 3% to $99,293, after briefly touching $99,897.
Kendrick, who heads digital asset research at Standard Chartered, originally predicted last month that Bitcoin would reach a record high of $120,000 in the second quarter of 2025.
His thesis was built on two major trends: a strategic shift of capital away from US assets and increasing accumulation of bitcoin by institutional “whales”—major holders with large buying power.
Now, he believes those estimates may underestimate Bitcoin’s real potential.
“The dominant story for Bitcoin has changed again,” Kendrick noted. “It is now all about flows. And flows are coming in many forms.”
Kendrick pointed to several factors driving the bullish momentum, including surging institutional investment via US spot Bitcoin ETFs.
Over the past three weeks alone, Bitcoin ETFs have seen $5.3 billion in inflows, according to his analysis.
This suggests that mainstream financial players are steadily increasing their exposure to digital assets.
He also highlighted big-ticket moves by institutional investors.
Software company MicroStrategy has ramped up its Bitcoin purchases, effectively acting as a proxy stock for Bitcoin exposure.
Meanwhile, the Abu Dhabi sovereign wealth fund has taken a position in BlackRock’s IBIT bitcoin ETF, and even the Swiss National Bank has reportedly invested in MicroStrategy shares.
With Bitcoin price predictions now being revised upward and institutional capital flowing in at record levels, Kendrick’s new outlook signals a potentially explosive summer for crypto markets.
Dogecoin DOGE/USD co-founder Billy Markus, popularly known as Shibetoshi Nakamoto, has shared an update on Kabosu, the canine behind popular doge meme cryptocurrencies.
What Happened: Markus told his Twitter followers that “kabosu is doing better and going on walks and eating again.”
See Also: Best Crypto Day Trading Strategies
Markus added, “Damar Hamlin is showing signs of improvement, and Jeremy Renner seems to be recovering, so there’s some good news.”
Kabosu has achieved a “phenomenal” comeback after presenting an alarming state on Christmas Eve.
Atsuko Sato, the canine’s guardian, disclosed that the Shiba Inu was afflicted by chronic lymphoma leukemia (cancer) and acute cholangiohepatitis, which is an inflammation that hits the liver and biliary tracts.
As per the Instagram post of Sato last week, Kabosu has entirely recovered from her medical condition and is relishing poultry tenders as well as guzzling plenty of water.
Last week, Markus called the Kabosu Inu KABOSU/USD meme project “scum.”
Price Action: At the time of writing, Dogecoin was trading at $0.07, up 1.80% in the last 24 hours, according to Benzinga Pro data.
Shiba Inu Founder Ryoshi Walks Away, Cleans up TwitterThe Shib Army community has been stricken with shocking news of Ryoshi wiping out his Twitter (NYSE:) account and disappearing from the crowd. Apparently, the pseudonymous founder of the meme coin has not only deleted all of his tweets and photos, but also blog posts on Medium.
Mysterious One-Year Turnaround
In addition to Ryoshi’s sudden Twitter wipe out, the other surprise that the community is taken aback is the two farewell messages on Medium. At this time around, this is the only trace left of Ryoshi on social media. However, Ryoshi’s decision to flee the community might not have been spontaneous, as it comes exactly a year after his last message on social media.
“I am not important, and one day I will be gone without notice. Take the SHIBA and journey upwards frens.” @RyoshiResearch
— MILKSHAKE (@shibainuart) May 30, 2022
Ryoshi made a bald move deleting all of his Tweets and replacing his profile picture with Jetsun Milarepa, a famous Tibetan monk and philosopher. However, some crypto enthusiasts believe this is a publicity stunt to create hype around his comeback.
Community Reacts to Ryoshi’s Retirement
Shytoshi Kusama, the leading developer of Shiba Inu’s team, was grateful to the founder and marked the importance of Ryoshi’s influence to Shiba Inu’s growth over the years: ‘Shib is Shib and we remain to grow far into the future following the path laid by our magnificent founder. I salute and thank you Ryoshi!’
https://t.co/TS2Dl3Zmly
— Shytoshi Kusama (@ShytoshiKusama) May 30, 2022
Shiba Inu (SHIB) Price Barely Affected by the News
The shocking news hasn’t reflected on the market price yet. At press time, Shiba Inu (SHIB) is trading at $0.00001181, which is 0.6% less than an hour ago and 1.3% less in the 24 hour period. Shiba Inu (SHIB) is slowly regaining its losses after the Terra-infused crypto market crash a couple of weeks ago. With the recent mass burn of SHIB tokens and new team members additions, it will be interesting to see if Shiba Inu (SHIB) can jump on a bullish trend.
On The Flipside