SOL Strategies Inc. has filed a preliminary short form base shelf prospectus with Canadian securities regulators. This filing allows the company to raise up to $1 billion in future offerings. Consequently, post the announcement Solana price has recovered, climbing above $178. SOL Strategies Files $1 Billion Shelf Prospectus SOL Strategies Inc. which focuses on investing in the Solana blockchain ecosystem, has submitted a preliminary shelf prospectus to securities regulators throughout Canada. The filing allows the company to issue common shares, warrants, subscription receipts, units, debt securities or a combination thereof. Subject to final approval, these offerings could raise up to $1 billion in total capital. The company stated that this filing enhances its financial flexibility to seize growth opportunities in the Solana ecosystem. However, SOL Strategies currently has no immediate plans to issue securities under this prospectus. Any future offerings will be detailed in a prospectus supplement filed with the… Read More at Coingape.com
Bitcoin price has shed 21% of its value from its record high of around $108,000 recorded in January 2025. Despite the uncertainty, Strategy (formerly MicroStrategy), which is currently the fourth-largest Bitcoin holder, has continued to accumulate. However, as the price inches lower, Strategy’s $44 billion BTC portfolio is at risk of dropping below the average buying price of $67,556. If this happens, what would happen to the company’s 531,644 BTC? Let’s explore.
Why Bitcoin Price Drop Below $67K Threatens Michael Saylor’s Strategy
Bitcoin price today trades at $85,550. Meanwhile, Strategy’s average buying price for its $44 billion Bitcoin portfolio is $67,556 per data from Strategy Tracker. This means that at the current BTC price, Strategy is 26% above water and sitting on $9 billion in unrealized profits.
However, the most recent Bitcoin purchase by Strategy drew criticism from Bitcoin critic Peter Schiff who observed that each new purchase takes the company closer to making losses. He opined,
“At the moment you still have about a 25% paper gain. By soon your average cost will be above the market price, meaning your entire Bitcoin position will be held at a loss.”
Schiff’s comments come after popular market analyst Whale Panda criticized Strategy’s plan to buy Bitcoin using debt. The analyst stated that Saylor would likely trigger the next Bitcoin bear market if he fails to get the cash needed to pay off the debt offerings used to fund MicroStrategy’s BTC accumulation.
Moreover, last week, an SEC filing by Strategy emerged stating that if BTC price continues to decline, Strategy might sell Bitcoin at a loss to meet its financial obligations. This means that if Bitcoin falls below $67,000 and MicroStrategy is required to pay off debt, it will have to start liquidating BTC and end Saylor’s HODL strategy.
Strategy SEC Filing
The possibility of MicroStrategy going underwater explains why $67,000 matters to Saylor’s Bitcoin plan and Strategy’s business model.
What Happens to Strategy’s $44B BTC if Price Drops Below $67,000?
The impact that the drop in Bitcoin price below $67,000 would have on Strategy’s $44 billion BTC portfolio depends on whether such a dip is temporary or sustained. If Bitcoin briefly retests $67K but bounces back above Strategy’s average buying price, the company may not face a liquidation risk. However, this dip may create market FUD.
On the other hand, if Bitcoin price drops to $67,000 and sustains the drop to retest lower levels, Strategy will face liquidation and credit risk. In its recent SEC filing, the company stated,
“These risks could materialize at times when Bitcoin is trading below its carrying value on our most recent balance sheet or our cost basis.”
The resulting selloff will trigger market-wide fear and panic, causing retail traders to also dump their holdings. This may also create a black swan effect across the crypto market.
These scenarios highlight why Bitcoin needs to hold above $67,000 to ensure MicroStrategy’s $44 billion Bitcoin portfolio does not suffer losses.
Bitcoin Technical Analysis
On-chain and technical data show a bullish Bitcoin price prediction, which may prevent a dip to $67,000. Analyst Miles Deutscher observed that BTC has broken out of a descending trendline for the first time since it fell from its ATH in January.
This breakout suggests that the downtrend is weakening. If Bitcoin sustains this bullish breakout, it could result in additional gains.
BTC/USD: 1-day Chart
At the same time, IntoTheBlock data shows that on April 14, more than $465M BTC was withdrawn from exchanges, signaling accumulation. If the technical and on-chain data remains strong, it may prevent Bitcoin from falling below Strategy’s average buying price of $67,000, avoiding the liquidation risk.
The XRP price rally has created fresh momentum in the crypto market, as Bitcoin moves above $94,000. The price increased to $2.18, with a 6% weekly rise. This recent development pushed its market cap to $132 billion. With a circulating supply of 58.39 billion coins, XRP’s liquidity remains strong. The token’s volume also increased to $5.49 billion within the same period, a 124% growth that shows real demand.
The price has recovered from key support levels and is now testing resistance around $2.20. If bulls break through this zone, analysts anticipate a push toward $2.30 or/”:> even $2.45. Technical indicators such as the MACD and Ichimoku Cloud are also showing bullish signals. Meanwhile, XRP’s network activity is heating up, with the number of daily active addresses increasing by 67%.
Source: XRP Scan
Bullish XRP price outlook for 2025 and beyond
As reported by ABC Money, predictions for 2025 suggest that the XRP Price may average $3.14, with highs reaching $3.77 if adoption increases. In a more bullish scenario, where Ripple’s cross-border payment technology gets more adoption, XRP could climb toward the $5 mark by mid-2025. Some long-term projections even place XRP between $12.84 and $25.68.
According to a crypto analyst on X, the XRP Price could start from $3 before moving to 5. Subsequently, investors could see the price jump from $10 to 20. The long-term predictions of this analyst are that the XRP Price could move to $1,000 in the future.
As capital flows into crypto assets increase, a new question emerges: what are the best cryptos to buy now as XRP ignites the next leg of the bull run? While the XRP Price captures headlines, beneath the surface, a select group of altcoins could become the next evolution in crypto infrastructure.
What is the best crypto to buy?
With XRP leading a new bullish momentum, investors are asking, What is the best crypto to buy right now? From established giants to new projects, the crypto market is more exciting and competitive than ever.
Bitcoin Pepe: Solana speed, Bitcoin security, meme energy
Bitcoin Pepe is one of the most talked-about new Layer 2s on the market. It was created as the first-ever meme-focused Layer 2 on Bitcoin; Bitcoin Pepe is bringing Solana-style throughput and UX to the world’s most secure blockchain. The mission? Turn Bitcoin into the definitive home for meme coin trading.
It is more than narrative hype. It brings Solana to Bitcoin, combining high-speed trading with maximum security. Bitcoin Pepe comes with the PEP-20 Token Standard, a native tokenization built for meme trading.
Bitcoin Pepe’s presale structure, split across 30 stages with 5% price bumps, rewards buyers and has already raised $6.9m. With BPEP tokens currently available for just $0.031, investors are getting ahead of the creation of a meme coin on the Bitcoin Network. Bitcoin Pepe is currently in stage 9 of its presale, and there are only around 785,000,000 tokens left before it ends.
CartelFi: Moonshots with compound yield
CartelFi could be the best crypto to buy. It is solving one of the most obvious pain points in crypto. Meme coins can be 10x, 100x, but they can’t yield until now.
CartelFi bridges memes and DeFi, offering a first-of-its-kind protocol that generates yield from meme coins without limiting their upside potential. No more choosing between degenerate gains and DeFi safety.
Users get specialized meme liquidity pools that maintain full price exposure while delivering Colombian-grade APYs through LP mechanics. Additionally, there are automatic buybacks and burns funded by up to 100% of platform fees.
By transforming idle meme capital into productive assets, CartelFi unlocks billions in dormant value and changes the utility of memecoins.
Still available at $0.037, CARTFI tokens are a direct play on crypto’s most viral sector, finally gaining serious DeFi mechanics. More than $1.1m has been raised from this presale, and there are 2 days left before the price goes up.
PepeX: Turning wallets into VCs
In an industry where VCs have long dominated the upside, PepeX democratizes access to capital. It’s a one-click platform that allows anyone to instantly tokenize an idea and grow it with built-in AI tools.
It enables permissionless tokenization, with the AKIRA AI Growth Engine managing marketing and scale. PepeX also has fair launch tokenomics, allocating 5% to founders and 95% to the community.
What they are building allows the world to become investable. A farmer in Kenya or a coder in Argentina can now raise capital for both real-world and digital projects, and investors globally can access these opportunities before the hype sets in.
Branded the “NASDAQ 2.0”, PepeX’s PEPX token is still available for just $0.0243 in presale, making it one of the best crypto buys now. It has already raised $1.5m in the presale.
Why these altcoins could outperform XRP and BTC
While the XRP price rally sets a bullish tone, altcoins like Bitcoin Pepe, CartelFi, and PepeX could deliver better returns.
Each one is tied to a foundational shift in crypto. Bitcoin Pepe is building the infrastructure for meme capital to thrive directly on the Bitcoin network. CartelFi transforms meme coins into productive assets by combining viral potential with DeFi-grade yields. Finally, PepeX brings together AI-driven growth with instant, permissionless tokenization.
As capital continues to shift from Bitcoin and XRP into high-upside altcoins, these tokens offer a rare combination of utility, timing, and meme virality.
The post Best Crypto to Buy Now as XRP Price Rallies appeared first on Coinpedia Fintech News
The XRP price rally has created fresh momentum in the crypto market, as Bitcoin moves above $94,000. The price increased to $2.18, with a 6% weekly rise. This recent development pushed its market cap to $132 billion. With a circulating supply of 58.39 billion coins, XRP’s liquidity remains strong. The token’s volume also increased to …
After an impressive earnings report in Q1 for Robinhood, Ark Invest has splurged $10M to acquire HOOD stock. Despite predicting a massive Bitcoin rally in the coming months, the investment firm is diversifying its holdings to include Robinhood, AMD, 10X Genomics, and altcoins.
Ark Invest Buys 210,714 Robinhood Shares
Cathie Wood’s Ark Invest has increased its footprint in the markets over the last day with significant investment in a raft of companies. According to an X post by Ark Invest Daily, the investment firm has splurged nearly $10 million to purchase 210,714 shares of Robinhood Markets Inc. (HOOD).
The heavy stock acquisition follows the release of Robinhood’s earnings report for Q1 2025. Robinhood’s earnings beat Wall Street expectations with total revenue within inches of $1 billion in the first three months of 2025.
Ark Invest scooped up 210,714 HOOD at a premium as shares traded at $46.62, a 5% drop over the last day. The sizable investment was made by the Ark Innovation ETF (ARKK), a fund investing in disruptive technologies.
Apart from buying Robinhood shares, the ARKK fund acquired 186,812 shares of Guardant Health for $9.1 million. The fund made sizable purchases in Advanced Micro Devices and 10X Genomics over the last day.
However, Ark Invest has sold off significant holdings in Roblox Group, Veracyte, and Palantir in the last 24 hours. The Ark Autonomous Technology & Robotics ETF purchased 184,742 shares of Aurora Innovation Inc. while selling 37,591 in Kratos Defense and Security Solutions Inc.
Why Is The Cathie Woods-Led Firm Reducing Its Bitcoin Exposure?
Recent market activities by Ark Invest suggest that the company is diversifying its portfolio. A month ago, the company halted its Bitcoin purchase in favour of other altcoins in a frenzied diversification push.
Ark Invest has gained its first exposure to Solana (SOL) as it continues its diversification strategy. The recent plays in the stock market are accentuating a changing stance for the investment giant.
The company may be diversifying and reducing its BTC exposure in anticipation of a coming US recession, as predicted by Cathie Wood. Another reason for halting BTC purchases may be part of a rebalancing of its portfolio or nimble market maneuvering to seize fresh opportunities.
Despite the change in stance, Ark Invest says Bitcoin can break $1 million by the end of the decade. Conservative estimates see the firm predict a base case of $710,000 per BTC and a bear case of $300,000 by 2030. At the moment, Bitcoin price is trading at the $96,000 mark in a strong show of bullishness over the last week.
