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Newsbtc
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Messari Flags XRP’s Silent Rise As A Treasury Favorite—Here’s Why
- Three publicly traded companies, including Webus International, VivoPower, and Wellgistics Health, are planning to hold XRP in their cash reserves.
- Webus International aims to set aside $300 million in XRP, VivoPower plans to use approximately $121 million, and Wellgistics Health has earmarked $50 million for XRP.
- This shift in treasury strategy reflects a growing interest among firms in utilizing XRP for global payment services and real-time transactions, aiming to cut out delays and fees associated with traditional payment methods.
- Other companies like Worksport and Ault Capital Group have also shown interest in holding XRP, indicating a broader trend towards incorporating XRP into their financial strategies.
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TheNewsCrypto
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Cardano Faces Death Cross Formation as Golden Cross Period Concludes: What Does It Mean for ADA?
- Cardano's Golden Cross may be ending in a Death Cross configuration after lasting only three weeks.
- Long-term ADA holders are holding their positions despite price weakness, providing stability during market volatility.
- ADA is currently trading near crucial support at $0.66, with a potential downside target of $0.60 if the support is breached.
- The impending Death Cross formation, if confirmed, could lead to additional selling pressure on Cardano, with technical indicators pointing towards potential further declines.
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Bitcoinsensus
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UNI Rebounds Twice from $6.212 – A Base for Reversal or a Bull Trap?
- UNI rebounds twice from $6.212 but fails to break through $6.450, aligning with EMA 50/100/200 and the 0.382 Fibonacci level.
- No confirmed signs of trend reversal yet, with RSI slightly above 40, leading to speculation on whether a consolidation phase or weak rebound is underway.
- UNI price structure overview reveals $6.212 as a held support, trading within a narrow range, and facing resistance below $6.359 (Fibo 0.236) amid an ongoing bearish structure.
- Multiple key indicators like EMA levels, RSI movements, and Fibonacci zones are analyzed to gauge potential bullish and bearish scenarios, with a cautious outlook on UNI's recovery.
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TheNewsCrypto
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Shiba Inu’s Path to 1 Cent Faces Mathematical and Market Reality Challenges: Here’s Why
- Shiba Inu needs an 8,233% rally to reach $0.001.
- The token's circulating supply of 589 trillion coins would result in market caps of $589 billion.
- SHIB has not achieved even a 1,000% gain since 2021 and remains significantly below its peak of $0.00008845 in October 2021.
- The mathematical and market challenges make it difficult to achieve the ambitious price targets set for Shiba Inu, including reaching $0.001 and $0.01.
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TronWeekly
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Ethereum Nears Breakout Point, Eyes $3,300 After Bullish Surge
- Ethereum is trading at $2,610.23, showing a strong 45.45% monthly gain despite a weekly decline.
- A descending triangle pattern has formed, indicating a potential breakout as Ethereum's price consolidates between resistance and support zones.
- A breakout above the $2,700 resistance level could propel Ethereum towards the $3,300 mark with increasing momentum.
- Volume spikes are crucial for confirming the strength behind a potential bullish breakout as Ethereum approaches a critical point.
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TronWeekly
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Behind Circle Soaring IPO: A Hidden Opportunity for Ripple?
- Circle is launching a $1.1 billion IPO at $31 per share with strong market interest, giving the stablecoin issuer a fully diluted valuation of $8.1 billion.
- Chamath Palihapitiya suggests that acquiring Circle for $12 to $13 billion could be a valuable long-term deal, praising the stablecoin issuer's infrastructure and anticipating massive growth in the USD stablecoin market amid regulatory changes.
- Circle’s IPO, oversubscribed by 25 times, reflects confidence in the company’s growth and role in the stablecoin economy, with revenue rising 118% driven by DeFi and payment system integration.
- Speculation arose about Ripple acquiring Circle, with Ripple denying making a formal bid. However, market analysts see potential in such a move as Circle’s compliance-driven model and market share could complement Ripple’s product suite in the evolving regulatory landscape.
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TheNewsCrypto
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What’s Powering Ravencoin (RVN) and Lagrange (LA) Price Rallies?
- Ravencoin (RVN) and Lagrange (LA) are the top trending tokens in the market today, showing exceptional growth amidst average market performance.
- Upbit listing RVN and announcing market support for LA drove their price rallies significantly, with RVN experiencing a 100% surge and LA seeing a 240% price increase within 24 hours.
- RVN's price spiked from $0.01079 to $0.02267 after the Upbit listing announcement, with trading volume increasing by 6,074.18%.
- Lagrange (LA), a new token, gained support from Upbit in BTC and USDT markets, trading at $1.32 and experiencing substantial growth since its launch.
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TronWeekly
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Approval on Canary Spot SUI ETF Frozen as SEC Extends Review Clock
- The US SEC has postponed its decision on the proposed Canary Spot SUI ETF.
- SEC has delayed the approval of the SUI ETF due to concerns about market manipulation and investor protection.
- Canary proposed a spot ETF tracking the market price of the SUI token on the Sui blockchain.
- The SEC's decision delay for the SUI ETF adds uncertainty to regulatory approval for new crypto-based investment products.
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TronWeekly
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Ripple Circle Acquisition Rumors Ignite Crypto Market and Investor Speculation
- Ripple-Circle acquisition rumors have sparked major buzz in the crypto market and investor speculation.
- Speculation is fueled by leaked reports, influencer chatter, and claims that Ripple offered up to $10 billion for Circle.
- Ripple, Coinbase, and others are seen as rivals in a battle for stablecoin dominance amidst rising regulatory clarity and Tether's growing threat.
- The possibility of a Ripple-Circle acquisition has created uncertainty and stirred high-stakes speculation within the crypto community.
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TronWeekly
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XRP Price Surges 300% in a Year Fuels $1000 Dream
- XRP has surged 300% in the past year, reaching $2.20, sparking dreams of hitting $1,000 per coin, which could potentially make Chris Larsen a trillionaire.
- Speculations suggest that if XRP reached $1,000, it could create hundreds of new millionaires and billionaires, igniting interest among investors.
- Financial experts caution that achieving the $1,000 target for XRP is unrealistic, requiring a market cap of $58.4 trillion, far surpassing the combined values of gold, Apple, and Bitcoin.
- While XRP faces downward pressure in the short term, long-term outlook remains uncertain with technical indicators suggesting potential upsides but emphasize caution amid volatile market scenarios.
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Coindoo
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Coinbase Launches cbXRP and cbDOGE on Base to Boost Cross-Chain DeFi Access
- Coinbase has launched cbXRP and cbDOGE on Base to facilitate cross-chain DeFi access, integrating XRP and Dogecoin into DeFi ecosystems.
- Wrapped tokens cbXRP and cbDOGE are backed 1:1 by XRP and DOGE held in Coinbase’s custody, allowing seamless interaction with Ethereum-based protocols.
- Within 24 hours of the launch, over 2.3 million cbXRP and 10.4 million cbDOGE worth $5 million and $1.9 million, respectively, were issued, indicating strong user demand.
- The move enhances Base network's cross-chain liquidity and decentralized application development, positioning it as a competitive hub for onchain utility of mainstream crypto assets.
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99Bitcoins
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Hong Kong Plans To Introduce Crypto Derivatives Trading Soon
- Hong Kong's Securities and Futures Commission (SFC) plans to introduce virtual asset derivatives trading for professional investors.
- The move is part of Hong Kong's efforts to strengthen its position as a digital asset hub.
- The SFC emphasized prioritizing robust risk management measures for orderly, transparent, and secure trading.
- This initiative follows Hong Kong's active engagement in virtual asset development since October 2022.
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Cryptoticker
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Pi Coin Price Crash: From $3 Hype to $0.63 Reality
- The Pi Network token has experienced a significant crash, dropping from above $3 to just $0.6344.
- The Pi Network project faced skepticism due to its questionable mining model and lack of transparency.
- The manipulated launch spike saw the token briefly reaching heights above $3, with suspicious price action.
- Various factors like unsustainable tokenomics, lack of real use cases, and regulatory concerns contributed to the crash, leading to a bearish outlook for Pi Coin.
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99Bitcoins
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WazirX Relocates to Panama Following Court Rejection of Restructuring Plan: Explore Best Crypto to Buy!
- Singapore-based WazirX is relocating to Panama after local courts rejected its restructuring plan following a $230 million hack by the North Korean Lazarus Group.
- Zettai, WazirX's parent company, has incorporated a subsidiary in Panama named Zensui Corporation to handle the operations of the cryptocurrency-related services.
- WazirX will issue recovery tokens through Zensui as part of its compensation strategy for those impacted by the hack.
- The company's restructuring plan was initially approved in January but faced rejection, leading to uncertainty in creditor repayment timelines.
- If the restructuring fails, WazirX may face liquidation under the Singapore Companies Act.
- Zensui will manage the transition of Zettai's operations and will not seek licenses to continue in Singapore or register with India's Financial Intelligence Unit.
- The recovery tokens are expected to function as on-chain IOUs, tracking remaining balances and enabling periodic distributions funded by profits and recovered assets.
- More than 90% of voting creditors supported WazirX's post-hack restructuring plan, aiming to restore 75% to 80% of users' account balances at the time of the hack.
- In the crypto market, SOLAXY, a Solana-based project aimed at improving the network's weak points, is gaining momentum with a presale, attracting over $44 million in funds.
- This project, offering tokens at $0.001746 each, combines fundamental strength with meme culture appeal, making it a promising investment opportunity.
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99Bitcoins
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Zora Takes Off, Up 30% In 3 Days: Will Their Pivot To Creator Coins Pay Off?
- Zora is pivoting to an on-chain social network that rewards creators, with its native token having surged 30% from May 2025 lows.
- Despite NFTs introducing revolutionary ideas, the sector suffered during the crypto winter of 2022, with major projects like OpenSea and Rarible seeing reduced volumes.
- Zora, which initially aimed to empower creators through NFTs, has rebranded as an on-chain social network and introduced tradable 'coins'.
- Zora's native token, running on Base rather than Ethereum layer-2, has outperformed some popular Solana meme coins and is showing potential for further gains.
- The ZORA token's technical uptrend remains strong, with the possibility of breaking resistance levels and becoming a top cryptocurrency in June.
- Zora's growth trajectory will depend on how well its reinvention and focus on rewarding creators are received by the trading and crypto communities.
- Zora's Coins Protocol allows users to mint posts into ERC-20 tokens, promoting content monetization and community engagement.
- The project has seen success, ranking among the top 100 social apps in the US App Store and introducing features like AI-driven creation tools and expanded video file sizes.
- Zora users can now earn by scrolling the app, buy stablecoins like USDC, and participate in the platform's artistic endeavors, such as tokenizing book covers.
- With Zora's evolution towards creator coins and its focus on incentivizing content creation, the project may continue to gain momentum and attract users seeking new ways to monetize their online presence.
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