The cryptocurrency market experienced a dull month, with Bitcoin (BTC) dropping 7.37% — its worst performance since November 2022 — and Ether (ETH) losing 0.22% in May. Pepecoin (PEPE) led the narrative, with the memecoin cycle guzzled up a lot of gas on Ether in the first half of May. XRP (XRP) posted a 7.29% gain, with most of its price surge coming in the last few days. ...

After rising for four successive months, Bitcoin is on track to end May with losses of about 7%. Bitcoin’s 30-day volatility dropped to 1.52%, which is far below the yearly average of 4% and higher. In an exclusive interview with Cointelegraph, Glassnode lead on-chain analyst James Check said that Bitcoin could rally to $32,000. ...

Pepecoin’s price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. The memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators. At the core of this bearish outlook lies the classic head-and-shoulders pattern. ...

Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to lose momentum after local highs near $28,500. traders and analysts warned that now was a make-or-break point for the short-term trend. ...

Cuba Bitcoin is a lively group of Bitcoin advocates and activists. The meetup underscored that Cubans are increasingly turning to crypto as a means of financial freedom and an “exit” from the local economy. More than 10 businesses in Cuba’s capital, Havana, accept Bitcoin for goods and services. ...

analytics firm Glassnode unveils new tool for tracking Bitcoin’s resurgence. Long-term holders (LTHs) are those hodling BTC for at least 155 days. LTHs have begun a “transition” toward a state of “equilibrium” before full “euphoria” — the next BTC price cycle top. ...