🚀Ethereum in rocket mode, climbs 50% in one week
Welcome to the Daily Tribune of Thursday, May 15, 2025 ☕️
Hello Cointribe! 🚀
Today is Thursday, May 15, 2025 and as every day from Tuesday to Saturday, we summarize for you the news of the last 24 hours that you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Stormy ⛈️
24h crypto recap! ⏱
📉 Bitcoin becomes less volatile than the Nasdaq and the S&P 500
On May 12, Galaxy Digital revealed that the ten-day realized volatility of bitcoin had dropped to 43.86, a level now below that of the S&P 500 (47.29) and Nasdaq 100 (51.26). This situation is considered exceptional for an asset known to be volatile.
🐋 Whales accumulate 83,000 BTC in one month, supply dwindles
According to Santiment, holders of 10 to 10,000 BTC acquired 83,105 BTC in one month. A continuous, methodical accumulation. They take advantage of dips to strengthen their positions.
⚠️ The BIS warns: 9 crypto payments out of 10 are motivated by speculation
A new report from the Bank for International Settlements (BIS) highlights a disturbing reality. Cross-border crypto flows reach 600 billion dollars, but with strong dominance of speculations.
🚀 Ethereum climbs +50% in one week
Ethereum recorded an increase of more than 50% in one week, reaching a high of 3,200 dollars. This performance marks a notable progression in the cryptocurrency market.
Crypto of the day: Ondo (ONDO)
Ondo Finance is a decentralized finance (DeFi) protocol focused on tokenizing real-world assets (RWA), such as U.S. Treasury bonds and money market funds. By collaborating with traditional financial institutions, Ondo aims to make these assets accessible on the blockchain, thereby offering increased transparency and improved liquidity.
The native token ONDO is used for the governance of the Ondo protocol. Holders can participate in decisions regarding the protocol's evolution, notably by voting on proposals related to the management of tokenized assets. The initial distribution of ONDO was carried out via a public sale in 2022, with a total supply of 10 billion tokens.
Recent performances:
Current price: $0.9675 USD
24-hour change: -6.0 %
Market capitalization: approximately 3.03 billion dollars
Rank on CoinMarketCap: #35
Ethereum: Is the technical rebound finally underway?
Ethereum (ETH) is once again attracting investor attention. After several weeks of consolidation in a narrow zone, the second biggest crypto asset shows tangible signs of recovery. As of May 14, 2025, technical indicators suggest a bullish reversal, although key resistances still need to be broken to validate the scenario of a sustainable rebound.
Positive technical signals but still under confirmation
Ethereum is trading around $2,570 after a significant rebound on the $2,250 support. This zone has served as a technical floor since early May. The RSI index has risen above 50 again, and the 20-day moving average is about to cross upwards the 50-day moving average—a signal usually interpreted as a precursor to a trend change.
However, short-term resistances at $2,600 and especially $2,700 must be surpassed to consider a rally towards more ambitious targets, such as $2,900 or $3,050. As long as the price remains under these thresholds, the rebound remains technical and fragile.
A favorable fundamental context but persistent volatility
Fundamentally, the Ethereum ecosystem continues to strengthen. The total value locked (TVL) on the network is rising again, and optimism around the recent Pectra upgrade creates a favorable environment for on-chain activity. Interest in financial products linked to ETH, notably upcoming ETFs, adds potential capital inflows in the coming months.
That said, caution remains necessary in the short term. The crypto market remains exposed to macroeconomics: the expected inflation figures from the United States this week could trigger new volatility movements, particularly on assets like ETH, sensitive to liquidity cycles.
The Ethereum rebound seems to have started, supported by encouraging technical signals and improving fundamentals. However, the recovery remains to be confirmed by the breaking of key technical levels. If $2,700 is exceeded with volume, a movement towards $3,000 could be triggered.
In the opposite case, ETH would remain trapped in an unstable range, at the mercy of macroeconomics.