Analyst Predicts Bitcoin's Endgame, Dogecoin Set for Gains in May, Price History Hints; 838 Million XRP Moved in 24 Hours: Crypto News Diges...

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Here are three top cryptocurrency news stories from the past weekend, presented by U.Today.

Bitcoin's Endgame: Analyst Predicts Final Satoshi Mining

In an April 26th X post, Bitcoin analyst Luke Broyles shared his prediction for the mining of the final Bitcoin. He posits that the energy required to mine this last Bitcoin will surpass the total energy used to mine the first 20 million. Broyles wrote, "[It will take] the entire first third of the 22nd century." Mining the final Satoshi, Bitcoin's smallest unit, will require even more – "infinite energy," according to his analysis. He believes Bitcoin's scarcity model is designed to exponentially increase difficulty, creating a virtually incomprehensible endpoint.

As a reminder, Bitcoin undergoes halving approximately every four years, reducing mining rewards and slowing the mining process. The most recent halving set the reward at 3.125 BTC, with the next reducing it to 1.5625 BTC. Currently, 19.85 million BTC have been mined, leaving approximately 1.15 million remaining. The last Bitcoin is predicted to be mined by the end of 2140.

Dogecoin (DOGE) Poised for May Gains, Historical Data Suggests

With May approaching, investors are anticipating the performance of their digital assets. Analysis of Dogecoin's price history suggests potential for significant gains this May. Data from CryptoRank shows that May has historically been a strong month for DOGE, with notable double-digit gains recorded in 2017, 2019, and 2020, despite broader market uncertainty. May's average and median returns for DOGE are historically positive – a noteworthy pattern. At press time, DOGE is trading at $0.1781, down 1.93% in the last 24 hours. The chart shows signs of accumulation with higher lows forming. If historical trends continue and market sentiment remains positive, DOGE could see further gains in May.

838 Million XRP Moved in 24 Hours: Market Recovery on the Horizon?

Following a surge in on-chain activity, XRP has again demonstrated significant market potential. Over 838 million XRP tokens were transferred between accounts in a single day. Such high network usage has historically preceded major price movements, fueling speculation about a potential market recovery. However, XRP is currently facing resistance after testing the 100-day exponential moving average, though it remains above the critical support level of $2.15. The increased transaction volume suggests growing interest in the XRP ecosystem, potentially leading to price volatility and a bullish breakout if momentum continues. A sustained upward movement requires breaking above the $2.22 resistance zone, potentially paving the way to $2.40 and even $2.60. Read original article on U.Today