Crypto Price Analysis 5-15: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, FILECOIN: FIL, RIPPLE: XRP, CHAINLINK: LINK, INTERNET COMPUTER: ICP
The post Crypto Price Analysis 5-15: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, FILECOIN: FIL, RIPPLE: XRP, CHAINLINK: LINK, INTERNET COMPUTER: ICP appeared on BitcoinEthereumNews.com.
The crypto market registered a decline of nearly 2% in the past 24 hours as major cryptocurrencies lost momentum. Bitcoin’s (BTC) rally stalled this week after failing to cross $105,000, as it started the week with a bout of volatility. The flagship cryptocurrency reached an intraday high of $104,269 late Wednesday before slipping below $103,000 and dropping to its current level. BTC fell over 1% in the past 24 hours, trading around $102,500. Ethereum (ETH) also registered a notable decline, dropping almost 4% to slip below $$2,600 and trade around $2,573. Meanwhile, Ripple (XRP) dropped 3.38% to $2.50, and Solana (SOL) fell over 5% to $173. Dogecoin (DOGE) saw one of the biggest drops of the day, falling over 7%, while Cardano (ADA) fell over 5% to $0.786. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), Polkadot (DOT), and Litecoin (LTC) also registered significant declines. Bitpay Announces HODL Pay, Allowing Users To Borrow Stablecoins Bitpay has announced the launch of HODL Pay, allowing users to borrow stablecoins against crypto holdings for payments without liquidating their assets. Bitpay stated that users must collateralize crypto on Aave, a DeFi lending platform. Existing Aave users can spend borrowed stablecoins, while new users must first deploy eligible assets. The borrowed funds can be used to settle Bitpay invoices for retail purchases, travel bill payments, or gift cards. Users can generate a Bitpay invoice at checkout, connect a wallet via WalletConnect, and borrow stablecoins against their collateral. The loans can be managed using Aave’s dashboard, with the borrower controlling repayment terms. HODL Pay will automatically be supported by merchants accepting Bitpay. The new service aims to attract long-term crypto holders by allowing them to spend without selling their assets. Pending transactions can be settled using fiat, crypto, or a mix of both. HODL Pay is…
Filed under: News - @ May 17, 2025 1:22 am