Author: Isabella Taylor

Ripple price prediction leans bullish after recent gains, but is $2.50 the final wall standing between XRP and a return to larger macro trendlines? Ripple rallies amid positive momentum After spending much of April trading within a relatively stable range, Ripple (XRP), the native token of the Ripple network, is beginning to show signs of a steady recovery. As of Apr. 28, XRP is priced around $2.32, reflecting a 7% gain over the past 24 hours.  Over the past week, XRP has climbed about 10%, continuing a gradual rebound from its early April low near $1.64. The token’s trajectory appears…

PancakeSwap has just unveiled “PancakeSwap Infinity,” a major rebrand and upgrade to its DEX as CAKE price records a slight 3,5% uptick. According to an official announcement, PancakeSwap (CAKE) has rebranded PancakeSwap v4 to PancakeSwap Infinity. Initially launching on BNB Chain, PancakeSwap Infinity plans to expand to other blockchains in the future. The rebrand rolls out with a major upgrade, which introduces several technical improvements intended to improve trading experience and liquidity provision. First off, the update includes support for multiple liquidity pool types, enabling liquidity providers to choose between concentrated liquidity and simpler models based on their strategies. Currently,…

Bitcoin treasury firm Strategy, formerly MicroStrategy, added another 15,355 BTC to its balance sheet over the past week. The company spent about $1.42 billion at an average price of $92,737 per Bitcoin, according to an SEC filing Monday. The purchase brings Strategy’s total Bitcoin (BTC) holdings to 553,555 BTC, worth over $52 billion at Bitcoin’s current price of just above $95,000.  The company’s cumulative average purchase price now stands at $68,459 per Bitcoin, reflecting a total investment of around $37.9 billion, including fees.  Strategy’s holdings account for more than 2.6% of Bitcoin’s fixed 21 million supply. Meanwhile, competition in corporate…

Stocks were slightly up at open on Monday ahead of major earnings reports, including for the Magnificent Seven. The market looked to bounce even as tariffs remained a key issue that investors are increasingly seeing as a source of major uncertainty. The S&P 500 opened 0.28% up, while the Dow Jones Industrial Average gained 0.45% and Nasdaq added 0.21%. Across the market, Bitcoin (BTC) was up nearly 2% above $95k and gold +0.3% around $3,307 per ounce.  However, the U.S. Treasury yields also remained high on Monday, with the benchmark 10-year Treasury  yield up 2 basis points to 4.29%. Meanwhile,…

U.S. Treasury Secretary Scott Bessent appeared on CNBC’s “Squawk Box” on Monday morning, offering a wide-ranging update on trade negotiations, global capital flows, and the administration’s economic strategy amid intensifying tariff discussions with China. Bessent reiterated on CNBC that while various branches of the U.S. government remain in contact with Chinese officials, it is ultimately up to China to take steps toward a trade de-escalation. He said that while China sells “five times more to us than we sell to them,” Bessent emphasized that the current 125%–145% tariffs are “unsustainable.” As such, the imbalance gives China a greater incentive to…

Bitcoin price rallied above $95,000 on Monday and is hovering at its highest level since February 24 as the recent rally continued. The ongoing Bitcoin (BTC) recovery has been driven by recent optimism surrounding a potential trade deal between the United States and China. Bitcoin and other altcoins also jumped after Trump hinted that he was not going to fire Jerome Powell, the Federal Reserve Chairman. Trump has changed his mind on tariffs and Powell’s firing following recent turmoil in the bond market, driven by bond vigilantes.  Bitcoin now has another major catalyst that could push its price higher over…

Standard Chartered’s Geoffrey Kendrick is doubling down on a bullish outlook for Bitcoin, forecasting the cryptocurrency will hit $120,000 in the second quarter of 2025 before rising toward $200,000 by the end of the year. In a note published April 28, Kendrick cited strategic asset reallocation away from U.S. assets, strong Bitcoin (BTC) accumulation by “whales,” and increasing ETF inflows into Bitcoin as key factors supporting the rally. According to Kendrick, the U.S. Treasury term premium, which historically correlates closely with Bitcoin price movements, has reached a 12-year high.  This suggests that U.S.-based investors may be reallocating capital from domestic…

Stablecoin giant Tether has amassed a total of over 7.7 tons of physical gold to back its tokenized asset, Tether Gold. Tether revealed this via an attestation report, the first the company has issued for its digital asset Tether Gold (XAUT). Per the details, the Tether (USDT) issuer said it currently holds pure gold as reserve backing for every XAUT token in circulation.  As of the report, the company held 246,523.33 ounces of gold, totaling more than 7.7 tons.  “Each XAU₮ token is backed 1:1 by one troy ounce of physical gold, securely stored in a dedicated vault within world-class…

Bitcoin is approaching a pivotal high-timeframe resistance region where key structural, volume, and Fibonacci levels converge. A potential bearish Shark Harmonic is forming, and if confirmed, could lead to a sharp corrective move lower. Bulls must reclaim major resistance quickly to avoid a broader downturn. Bitcoin (BTC) is trading at a critical high-timeframe resistance area where multiple technical confluences are coming into play. The current setup features a structural resistance zone backed by volume profile resistance and Fibonacci retracement levels. A bearish Shark Harmonic pattern is emerging that could heavily influence Bitcoin’s next directional move if validated. Key technical points…

The Stacks Asia DLT Foundation has become the first Bitcoin-based foundation to register within the Abu Dhabi Global Market.  The move aims to support the expansion of Bitcoin (BTC) layer-2 technology across the Middle East and Asia. The foundation will use ADGM’s Distributed Ledger Technology Foundations framework, which is recognized for its flexibility.  Kyle Ellicott, interim Executive Director of the Stacks Asia DLT Foundation, said the decision was based on ADGM’s support for blockchain innovation and alignment with the Stacks (STX) ecosystem’s goals. Stacks is a Bitcoin layer-2 platform that extends Bitcoin’s functionality without changing its core network. Its expansion…