5/21/2025
Altcoin News

American tourist claims $123K in bitcoin and XRP stolen in fake Uber ‘Devil’s Breath’ attack in London

Patty Nastasic

American Tourist Claims $123K in Bitcoin and XRP Stolen in Fake Uber ‘Devil’s Breath’ Attack in London

London, [current-date] – A harrowing tale has emerged from London involving an American tourist who claims to have been robbed of approximately $123,000 worth of Bitcoin (BTC) and XRP after a supposed “Devil’s Breath” attack during an Uber ride. While authorities are investigating the incident, the story has sent ripples through the cryptocurrency community, raising concerns about safety, security, and the increasing vulnerability of digital asset holders.

The Alleged Incident

According to the victim's account, which has been shared across various online forums and crypto-related news outlets, the tourist hailed an Uber in central London. During the ride, the tourist claims to have been targeted with "Devil's Breath," a street name for substances like scopolamine, known for their alleged ability to impair judgment and induce a state of compliance. The tourist alleges that after inhaling the substance, they became disoriented and compliant, allowing the perpetrators to access their mobile device and cryptocurrency wallets.

The tourist alleges that the thieves swiftly transferred a significant amount of Bitcoin and XRP from their wallets. The exact breakdown of the stolen amount between BTC and XRP remains unclear, but the combined value is estimated to be around $123,000 based on current market prices. After the incident, the victim reported the crime to the London Metropolitan Police, who have launched an investigation. Uber is also reportedly cooperating with the authorities.

Community Reactions and Concerns

The story has sparked widespread discussion and concern within the cryptocurrency community. Many are expressing sympathy for the victim while simultaneously questioning the feasibility and details of the alleged attack.

Skepticism: Some community members are skeptical about the "Devil's Breath" claim. They point to the lack of concrete evidence supporting the widespread use of such substances in robberies and question the ability of such drugs to instantly incapacitate someone to the point of providing wallet access.

Security Practices: Others are using the incident as a cautionary tale, emphasizing the importance of robust security practices for cryptocurrency holdings. Recommendations include:

- Using hardware wallets for storing significant amounts of cryptocurrency.
- Enabling two-factor authentication (2FA) on all exchange accounts and wallets.
- Being wary of sharing personal information or accessing cryptocurrency wallets on public Wi-Fi networks.
- Utilizing strong and unique passwords for all accounts.
- Remaining vigilant and cautious in unfamiliar environments.

Regulatory Implications: The incident has also reignited discussions about the need for clearer regulations and consumer protections within the cryptocurrency space. Some argue that the lack of a centralized authority to report and recover stolen funds makes it particularly difficult for victims of crypto-related crimes.

What This Could Mean

The alleged “Devil’s Breath” attack, if proven true, could have significant implications for the perception and security of cryptocurrency assets.

Increased Fear and Uncertainty: The incident could instill fear and uncertainty among potential and existing cryptocurrency investors, particularly those concerned about the safety of their digital assets in the physical world.

Focus on Security: The incident may lead to a greater focus on security and self-custody solutions within the cryptocurrency industry. Companies that provide hardware wallets, multi-signature wallets, and other security-enhancing technologies could see increased demand for their products and services.

Regulatory Scrutiny: The incident could further fuel calls for stricter regulations and oversight of the cryptocurrency industry, particularly in areas such as consumer protection, anti-money laundering, and cybersecurity. Governments and regulatory bodies may feel compelled to take action to address the perceived risks associated with cryptocurrencies.

Market Analysis of Bitcoin (BTC) and XRP

Let's delve into the current market conditions and technical analysis for both Bitcoin and XRP.

Bitcoin (BTC) Price Analysis

As of May 21, 2025, Bitcoin (BTC) is trading at $106,580, reflecting a 1.37% increase from the previous close. The day's high reached $107,844, with a low of $104,350.

Stock market information for Bitcoin (BTC)

- Bitcoin is a crypto in the CRYPTO market.

- The price is 106580.0 USD currently with a change of 1442.00 USD (0.01%) from the previous close.

- The intraday high is 107844.0 USD and the intraday low is 104350.0 USD.

Recent Price Action: Bitcoin has experienced significant volatility in recent weeks. After a period of consolidation, BTC has shown a renewed upward trend, breaking through previous resistance levels and testing new highs. This upward movement is supported by increased institutional interest and positive sentiment surrounding potential regulatory approvals.

Technical Chart Patterns: A potential bull flag pattern has formed on the daily chart. A bull flag is a continuation pattern that suggests the existing uptrend is likely to resume after a period of consolidation. The breakout above the flag could lead to further gains. Additionally, a symmetrical triangle was recently broken, suggesting bullish momentum.

Key Support and Resistance Levels:

- Key Resistance: $108,000, $110,000, $115,000
- Key Support: $104,000, $100,000, $98,000

Technical Indicators:

Moving Averages: The 50-day moving average ($102,000) is above the 200-day moving average ($95,000), indicating a bullish trend. Recent price action above both moving averages further supports this trend. A potential crossover of the 20-day moving average above the 50-day moving average would be a strong bullish signal.

Relative Strength Index (RSI): The RSI is currently at 68, indicating that Bitcoin is approaching overbought territory. While not yet at the overbought threshold (typically 70), a continued increase could signal a potential pullback in the short term. However, in a strong uptrend, the RSI can remain in overbought territory for an extended period.

MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, indicating bullish momentum. The histogram is also positive, suggesting increasing upward pressure. A widening gap between the MACD and signal lines would confirm a strengthening bullish trend.

Trading Volume: Trading volume has been increasing during the recent price surge, which suggests strong buying pressure and validates the upward trend. A decline in volume during pullbacks would be a healthy sign, indicating a lack of strong selling pressure.

Fibonacci Retracement Levels: Using the recent swing low of $90,000 and the current high of $107,844, the 38.2% Fibonacci retracement level comes in around $101,000, which aligns with a key support level. A break below this level could indicate a deeper correction.

Market Sentiment and Fundamental Factors: The overall market sentiment surrounding Bitcoin is positive, driven by several factors:

- Institutional Adoption: Increased interest from institutional investors, as evidenced by their holdings in spot Bitcoin ETFs, is boosting confidence in the long-term potential of Bitcoin.
- Regulatory Developments: Ongoing discussions and potential approvals of Bitcoin ETFs in various jurisdictions are creating a more favorable regulatory environment.
- Network Upgrades: Continued development and upgrades to the Bitcoin network, such as the Taproot upgrade, are enhancing its functionality and scalability.
- Broader Market Trends: The broader macroeconomic environment, including concerns about inflation and currency devaluation, is driving demand for Bitcoin as a store of value.

Potential Trading Strategies:

- Breakout Trading: Traders may consider entering long positions on a confirmed breakout above the $108,000 resistance level, with a target of $110,000 or higher.
- Pullback Buying: Traders may look for opportunities to buy Bitcoin on pullbacks to key support levels, such as $104,000 or $100,000.
- Risk Management: It is crucial to use stop-loss orders to limit potential losses and manage risk effectively.

Institutional investors have been actively adjusting their positions in spot Bitcoin exchange-traded funds (ETFs). In the first quarter of 2025, several asset managers reduced their holdings amid a 12% decline in Bitcoin's price. For instance, Millennium Management cut its stake in the iShares Bitcoin Trust ETF by 41% and exited the Invesco Galaxy Bitcoin ETF. Conversely, entities like Abu Dhabi’s Mubadala sovereign wealth fund increased their iShares ETF holdings to nearly $409 million. Analysts suggest that while hedge funds are repositioning, sustained interest from advisory firms indicates ongoing institutional adoption of spot Bitcoin ETFs. (reuters.com)

XRP Price Analysis

XRP is currently priced at $2.35, marking a 0.43% increase from the previous close. The intraday high was $2.38, with a low of $2.32.

Stock market information for XRP (XRP)

- XRP is a crypto in the CRYPTO market.

- The price is 2.35 USD currently with a change of 0.01 USD (0.00%) from the previous close.

- The intraday high is 2.38 USD and the intraday low is 2.32 USD.

Recent Price Action: XRP has been trading in a relatively tight range over the past few weeks, struggling to break above key resistance levels. The price action has been largely influenced by the ongoing legal battle between Ripple and the SEC.

Technical Chart Patterns: XRP is currently forming a descending triangle pattern on the daily chart. A descending triangle is a bearish pattern that suggests a potential breakdown to lower levels. A confirmed break below the lower trendline of the triangle could trigger a significant sell-off.

Key Support and Resistance Levels:

- Key Resistance: $2.40, $2.50, $2.60
- Key Support: $2.30, $2.20, $2.10

Technical Indicators:

Moving Averages: The 50-day moving average ($2.40) is currently above the 200-day moving average ($2.30), but the price is trading below both, indicating a mixed trend. A break above the 50-day moving average would be a bullish signal, while a break below the 200-day moving average would be bearish.

Relative Strength Index (RSI): The RSI is currently at 45, indicating neutral momentum. The RSI has been oscillating around the 50 level, suggesting a lack of strong buying or selling pressure.

MACD (Moving Average Convergence Divergence): The MACD line is slightly below the signal line, indicating bearish momentum. The histogram is also negative, suggesting increasing downward pressure. A crossover of the MACD line above the signal line would be a bullish signal.

Trading Volume: Trading volume has been relatively low during the recent consolidation, which suggests a lack of conviction from both buyers and sellers. An increase in volume on a breakout or breakdown would validate the move.

Fibonacci Retracement Levels: Using the recent swing high of $2.60 and the current low of $2.30, the 38.2% Fibonacci retracement level comes in around $2.41, which aligns with a key resistance level.

Market Sentiment and Fundamental Factors: Market sentiment surrounding XRP remains cautious, largely due to the ongoing legal battle with the SEC. The outcome of the lawsuit is expected to have a significant impact on the price of XRP.

Recent market activity shows that net inflows to spot XRP centralized exchanges turned positive, with over $15 million flowing in, primarily to platforms like Bybit and Kraken. This shift follows a record-breaking month for XRP's native decentralized exchange (DEX). However, XRP is trading below key support levels, with immediate resistance at $2.49 and additional resistance around $2.60. Analysts note that XRP's perpetual funding rates remain negative, indicating a bias for bearish short positions. (coindesk.com)

Potential Trading Strategies:

- Breakdown Trading: Traders may consider entering short positions on a confirmed breakdown below the lower trendline of the descending triangle (around $2.30), with a target of $2.20 or lower.
- Range Trading: Traders may look for opportunities to buy XRP near the $2.30 support level and sell near the $2.40 resistance level.
- Wait for Clarity: Given the uncertainty surrounding the legal case, some traders may prefer to wait for a clear resolution before taking a position in XRP.

Short-Term Price Analysis

Bitcoin (BTC):

- Bullish Scenario: A break above $108,000 could lead to a test of $110,000 and potentially $115,000.
- Bearish Scenario: A break below $104,000 could lead to a test of $100,000 and potentially $98,000.

XRP:

- Bullish Scenario: A break above $2.40 could lead to a test of $2.50 and potentially $2.60.
- Bearish Scenario: A break below $2.30 could lead to a test of $2.20 and potentially $2.10.

YouTube Video Analysis

Here are two relevant and recent YouTube videos providing price analysis for Bitcoin:

Video 1: BITCOIN Hits $107,000, Crowd Sentiment Insight Like A True Rally, Altcoin Market's Turn After ABC

This video discusses the recent Bitcoin rally, reaching $107,000, and offers insights into crowd sentiment and the potential for an altcoin market surge following Bitcoin's lead. The analyst focuses on key market indicators and potential price movements.

Video 2: You Just need 0.1 Bitcoin to be a Millionaire: Michael Saylor

This video features Michael Saylor discussing the potential for owning just 0.1 Bitcoin to become a millionaire, highlighting the long-term value proposition and potential growth of Bitcoin. It emphasizes the importance of holding Bitcoin as a long-term investment.

Conclusion

The alleged "Devil's Breath" attack in London serves as a stark reminder of the importance of security and vigilance in the cryptocurrency space. While the investigation is ongoing, the incident underscores the need for robust security practices and increased awareness of potential threats.

The market analysis of Bitcoin and XRP reveals different trends and sentiments. Bitcoin is currently experiencing bullish momentum, driven by institutional interest and positive regulatory developments. XRP, on the other hand, faces headwinds due to the ongoing legal battle with the SEC. Both cryptocurrencies are subject to significant volatility, and traders should exercise caution and use appropriate risk management strategies.

Please note that cryptocurrency markets are highly volatile. It's advisable to conduct thorough research or consult with a financial advisor before making investment decisions.

The cryptocurrency market is inherently volatile and carries significant risks. Prices can fluctuate dramatically and rapidly, and investors can lose their entire investment. It is crucial to conduct independent research, understand the risks involved, and use appropriate risk management strategies before investing in cryptocurrencies. This information is for informational purposes only and should not be considered financial advice.

Play with crypto now:

Subscribe to Updates
Receive exclusive content and promotions straight to your inbox.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Other Posts