XRP is currently trading at $2.37 after a slight 24-hour dip of 2.11%, but it’s still up 0.89% over the week, 13.2% this month, and an impressive 359% over the past year. Since the start of 2025, XRP has gained 14.2% and now holds a market cap of $139.06 billion, ranking as the fourth-largest cryptocurrency.
Reaching the $20 mark would require a 743.88% surge from its current level. According to analyst Stock Moe, this is a crucial support level. If the price fails to hold here, he warns it could slide to $0.226, then $0.213, and even $0.202 in a continued downtrend. Despite the current weakness, Moe says the bigger picture for XRP remains bullish.
XRP Price Predicition The $300 Price Target Explained
Stock Moe believes XRP still has the potential to hit $300. He admits this sounds wild and calls it a moment of “opium,” but points to billion-dollar investors who continue to bet on XRP. He says these big players are not worried by short-term noise because they understand the long-term utility of XRP. Moe explains that the delay in XRP’s breakout is not a failure, just a test of patience.
Moe notes XRP has broken below the Bollinger Bands for three straight days. This usually signals a test of the 13 or 50-day EMAs. If XRP drops below $0.213, it could move to $0.202 or $0.172. However, Moe dismisses extreme bearish calls for $0.160, saying the charts do not support such a move. He sees the current action as a response to uncertainty, not a collapse.
The market reacted negatively to the delayed SEC response, causing panic selling. Moe says this fear is emotional and not based on fundamentals. He believes short-term holders are giving up, while long-term investors will benefit from staying calm.
Institutional Moves Back the Vision
Moe is confident in XRP’s future and is backing his belief by partnering with Gemini. He is offering users $25 in XRP for trading $100, showing his continued support. He says the $300 goal is not hype but a reflection of where XRP could go if real use cases take off. Moe ends by saying XRP’s rally is just slow, not dead, and those who wait may be the ones who win big.
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Bitcoin (BTC) clings to $94,350 ahead of tomorrow’s high-stakes FOMC meeting, with traders bracing for wild price swings as the Fed weighs stubborn inflation against White House pressure for rate cuts. The CME FedWatch Tool shows a 98.2% probability of rates remaining unchanged, while technical indicators suggest a potential $100K breakout thesis.
Fed Chai Powell’s Dilemma: Inflation Persistence vs. White House Pressure
Trump’s tariffs and his comments show that the White House has been increasingly vocal about the need for rate cuts, However, Fed Chair Jerome Powell remains unconvinced and has stuck to his “wait-and-see” stance.
“Powell won’t cut rates based on economic forecasts alone. The Fed needs to see actual deterioration in employment data before making its move,” notes a former high-ranking Fed official who worked alongside him.
Despite the tension between political desires and economic reality, the Fed Watch Tool currently shows overwhelming consensus (98.2% probability) that rates will remain unchanged at 425-450 basis points tomorrow. This shows that Powell is ready to wait it out. It also highlights the disconnect between market expectations and political pressures.
On the other hand, stubborn inflation data continues to complicate the Fed’s decision-making process, which will be a key topic to observe in the FOMC meeting on May 7.
Treasury Buybacks & Recession Signals: Mixed Messages for Bitcoin
In a significant yet underreported development, the Fed announced a $5 billion monthly Treasury buyback program that effectively maintains its position as a net buyer. This technical adjustment caps long-end yields even as short-term rates edge higher, creating a complex yield curve dynamic that Bitcoin traders are still coming to terms with.
The economic outlook remains precarious. Recession probabilitymodels now show a 57% chance of economic contraction in 2025 – better than last week’s 63% reading, but still alarmingly high. This uncertainty, coupled with potential tariff impacts from the Trump administration, creates a challenging backdrop for risk assets like Bitcoin.
After getting firmly rejected from the $97.1k to $98.1k resistance zone over the weekend, BTC slid nearly 4.5% before finding support.
The $93k to $102.5k is the range where 70% of Bitcoin’s trading volume occurred during its lengthy consolidation between November 2024 and February 2025. This high-volume zone typically provides strong support and resistance levels where buyers and sellers are in agreement, creating a sideways movement.
The $93k level is a key demand zone that requires traders to pay close attention to. A show of strength from buyers here could catalyze an explosive 10% rally toward the range high of $102.5k. However, blindly buying at these key support levels is dangerous.
Ideally, investors should wait for clear confirmation of support formation – specifically, the formation of a series of higher lows and increasing buy volume near the $93k threshold or a huge spike in selling volume without a price follow-through.
BTC/USDT 4-hour Chart
If Bitcoin can’t hold $93,000, it will most likely slide lower to test the next value area between $81k to $88.4k. Here, Bitcoin consolidated throughout March 2025 and early April 2025. This zone could provide exceptional buying opportunities, hinting at a bullish Bitcoin price forecast for those patient enough to wait for them.
Critical Flashpoints Ahead of Tomorrow’s FOMC & Interest Rate Decision
As traders prepare for tomorrow’s announcement, several key variables will determine Bitcoin’s next major move:
Powell’s Forward Guidance: While the rate decision itself is largely priced in, Powell’s post-meeting comments will be scrutinized for any shift in tone regarding inflation persistence or labor market concerns.
Jobs Data Emphasis: Investors need to closely watch for how prominently Powell features employment statistics in his assessment. Increased focus here could signal the Fed’s willingness to consider easing if labor markets deteriorate further.
Support/Resistance Validation: The $93,000 level represents the immediate battleground, with the $97,100-$98,100 zone providing the first major resistance if bulls regain control.
To conclude, the convergence of these technical and macroeconomic factors creates a perfect environment for heightened volatility that could potentially propel Bitcoin price higher or lead to steep corrections. Either way, traders need to be prepared for an opportunity.
Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million, joining a growing list of firms embracing the asset. The purchase follows a blueprint to allocate a chunk of its corporate treasury to Bitcoin back in 2024.
Rumble Adds 188 BTC To Its Corporate Treasury For $17.1 Million
According to a press release, Rumble has purchased around 188 BTC to its treasury in line with its plans to diversify its holdings. Per the statement, the video-sharing company splurged 17.1 million on the purchase at an average price of $91,000 per token.
Back in 2024, Rumble disclosed plans to allocate 20 million from its corporate treasury to pursue a Bitcoin accumulation strategy. With around $3 million left, there are plans that the company will continue to bolster its holdings at the discretion of management.
“We are excited to announce these purchases and allocation of Bitcoin as part of our treasury strategy as well as a larger strategic move as we further expand our ties to the crypto industry,” said Rumble CEO Chris Pavlovski.”
The latest purchase will serve as an inflation hedge for Rumble while confirming a broader push to embrace cryptocurrencies. President Trump’s executive order for Strategic Bitcoin Reserve is tipped to trigger increased corporate interest in BTC.
“These holdings have the potential to serve as a valuable hedge against inflation and will not be subject to dilution like so many overprinted government-issued currencies,” added Pavlovski.
Corporate Interest in BTC Rises To An All-Time High
Rumble’s decision to add BTC to its balance sheets comes on the heels of frenetic accumulation activity by corporations. Over 70 publicly listed firms are holding 650,000 BTC in their corporate treasuries, confirming rising institutional interest.
Strategy, with its impressive holdings, is raising $21 billion for BTC purchases through share sales. MARA Holdings, Riot Platforms, and Metaplanet are steadily increasing the size of their Bitcoin holdings.
Aware of rising institutional interest, Bitwise OWNB ETF will provide exposure to companies holding at least 1,000 BTC via an index strategy.
In a significant leap for its global expansion strategy, Hyra Network actively co-hosted VC Connect, a premier investor gathering during TOKEN2049 Dubai, and showcased its latest decentralized AI innovations at GITEX Asia Singapore – two of the most influential tech stages this April.
Hyra Network Captures Investor Spotlight at VC Connect, TOKEN2049 Dubai
During TOKEN2049 Dubai, one of the world’s largest gatherings of Web3 and blockchain leaders, Hyra Network took center stage as a Diamond Sponsor and co-host of VC Connect, an exclusive investment-focused event.
Mr. Gerard, Co-Founder of Hyra Network, played a key role in co-hosting successful VC Connect Dubai.
Held alongside TOKEN2049, VC Connect brought together over 40 top-tier venture capital firms from across the globe, including both traditional powerhouses and emerging blockchain-focused funds.
Hyra Network’s team actively participated in a series of direct pitch sessions, strategic networking meetings, and private investment roundtables, showcasing its decentralized AI infrastructure platform designed to power the next generation of AI applications through community-driven edge computing.
With TOKEN2049 attracting over 10,000 attendees, including founders, investors, developers, and policymakers, the exposure placed Hyra Network firmly within a global spotlight – opening doors to potential partnerships, investments, and strategic collaborations.
TOKEN2049 Dubai, hosted just before the F1 Grand Prix weekend, is widely regarded as a key platform where the future of blockchain, AI, and decentralized technologies are shaped. Hyra Network’s presence underlined its ambition to be a major player in the rapidly evolving decentralized physical infrastructure (DePIN) and AI ecosystem.
Shapes the Next Digital Economy Frontier at GITEX Asia
In addition to Dubai, Hyra Network continued its momentum by participating in GITEX Asia Singapore, part of the legendary GITEX Global series – one of the world’s largest and most influential tech events.
The inaugural edition of GITEX Asia drew tens of thousands of tech executives from 110 countries, hosting over 700 tech companies and spotlighting breakthroughs in AI, blockchain, IoT, and digital infrastructure.
At GITEX Asia, Hyra Network engaged with global innovators, top enterprises, and policy leaders, demonstrating how its Smart Data Economy and decentralized AI platform empower individuals and enterprises to contribute and earn from AI development directly through their devices. Participation at GITEX also included Hyra’s involvement in cross-industry forums, startup innovation showcases, and executive networking sessions with Fortune 500 companies and emerging tech leaders.
Hyra Network – Networking with Top 500 fortune globally at GITEX 2025
The event’s broader significance was underscored by GITEX’s announcement of an ambitious plan to expand further into Southeast Asia, positioning Singapore – and soon Vietnam – as key hubs for the digital economy. Hyra Network’s visibility at GITEX Asia Singapore helped cement its positioning within the region’s next major technology growth phase.
From Vision to Reality: The Story Behind Hyra Network
Hyra Network is the world’s first decentralized AI infrastructure platform designed to unlock the full potential of edge computing. Emerging from a highly successful trial phase with over 2 million users across 200+ countries, Hyra Network is spearheading a new era of decentralized AI by tapping into over 10 billion idle IoT devices worldwide – delivering a future where AI is scalable, affordable, and accessible for individuals and enterprises alike.
As a core brand of Hyra Tek, a technology pioneer reshaping the digital future, Hyra Network inherits a deep foundation in Blockchain Layer-3, AI & Big Data, IoT & Automation, Cloud Computing, and Edge Computing. The parent company integrates three core technologies – blockchain for security and transparency, edge computing for real-time data processing, and federated learning to protect privacy while enabling decentralized machine learning. By combining technological excellence with a bold vision, Hyra Tek is laying a strong foundation for a more accessible, secure, and resilient digital future.
Together, Hyra Network and Hyra Tek are breaking barriers, unlocking limitless opportunities, and leading the global shift into a decentralized, AI-driven digital economy.
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In a significant leap for its global expansion strategy, Hyra Network actively co-hosted VC Connect, a premier investor gathering during TOKEN2049 Dubai, and showcased its latest decentralized AI innovations at GITEX Asia Singapore – two of the most influential tech stages this April. Hyra Network Captures Investor Spotlight at VC Connect, TOKEN2049 Dubai During TOKEN2049 …
