Dogecoin (DOGE) has displayed a sharp rise in market activity after its open interest climbed to $1.3 billion in the last 24 hours. According to the latest Coinalyze data, the Dogecoin open interest rose by 5.24% during this period. Rise in DOGE Perpetual Contracts Suggests Short-Term Speculative Frenzy Open interest (OI) helps show how much money is flowing into a specific market. A rise in OI indicates that more traders are taking positions. Also, it suggests growing interest in the digital asset, which could influence the next price direction for DOGE. What’s notable in this DOGE OI is that all the $1.3 billion was in perpetual contracts. This shows that short-term speculators are dominating the perpetual market for Dogecoin. As futures contracts with no expiry date, many traders choose them because they can get exposure to price changes continuously without any need to roll over contracts. Binance and Bybit Dominate… Read More at Coingape.com
Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform’s native token, IMX, in late March.
Co-founder Robbie Ferguson shared key milestones on X (Twitter), signaling a turning point for the company and the broader Web3 gaming industry.
Immutable’s Ferguson Highlights Network’s Growth
Immutable executive Ferguson revealed that the blockchain-based gaming platform has made commendable strides despite a regulatory clampdown.
“Despite the SEC inquiry, this last year we’ve onboarded 5 million wallet users, partnered with 3 multi-billion dollar companies, and doubled our signed games to 500+. Now the investigations over, so lock in, because we’re only accelerating from here,” Ferguson wrote.
High-profile collaborations with firms such as Tencent and Temasek reinforce the company’s momentum, signaling growing institutional confidence in the Web3 gaming model. Its flagship tools, like Immutable Passport, simplify onboarding for mainstream users, allowing seamless access to decentralized game economies.
According to Ferguson’s post, Immutable’s ecosystem may be on track to become one of the most expansive in the space. With over 500 games now in development or live on its platform, it holds one of the largest libraries of blockchain-enabled titles.
Beyond volume, this growth reflects a shift in how games are built and played. By leveraging NFTs (non-fungible tokens), players gain actual ownership of their in-game assets. This represents a stark departure from major publishers’ traditional walled-garden approach.
Immutable’s Treeverse Season 1 Reward Campaign Starts April 19
A key part of this ecosystem is Treeverse, one of the most anticipated Web3 titles launching on Immutable. Backed by the END token and boosted by additional IMX and MON rewards, the game’s first season emphasizes merit-based progression and asset utility.
“Treeverse officially launched on all stores (iOS, Android & Windows) on March 18th. Almost a month later we are finally launching Season 1, beginning with a 30-day reward campaign…on 19th April [4 PM GST/1 PM BST/12 PM UTC/7 AM CT] Season 1 will commence,” a campaign breakdown on Endless Clouds articulated.
Treeverse rewards genuine engagement with NFT-based multipliers, exclusive gear, and a transparent reward model for real gamers.
“2 days until Treeverse Season 1 launches! – 2.76% of END token supply – Bonus IMX & MON token rewards – Packs, Boosts, and Exclusive Crowns available – Holder multipliers – up to 1.75x for NFTrees. Treeverse rewards real gamers on Immutable,” the network shared in a Thursday post.
Based on Ferguson’s highlights, industry voices are pushing back against the controversial crypto nemesis.
“Saw Gary Gensler’s talk today and how he was talking about 10-15k tokens besides Bitcoin not having fundamental value. When asked what he thinks about SEC charges being dropped, him still trying to go at it like every coin they pressed on had no fundamental value. Was some clown takes,” commented Meta Alchemist.
Alchemist urged builders like Ferguson to keep pushing forward. In the same tone, Jason, CEO and founder of the Genome Protocol, lauded Web3 gaming.
Immutable’s resurgence comes when the Web3 gaming sector is poised for explosive growth. It is projected to expand from $4.6 billion in 2022 to nearly $65.7 billion by 2027.
With its regulatory hurdles cleared and infrastructure battle-tested, Immutable may be poised to go beyond just keeping pace.
Jerome Powell’s speech at the Fed’s International Finance (IF) Division anniversary conference quietly signaled the central bank’s growing openness to easing monetary policy. This prospective shift has sent Bitcoin (BTC) soaring above $105,000.
Meanwhile, the Federal Reserve (Fed) continues to work against political pressure from President Trump, who advocates for rate cuts. This contention has sparked speculation of Powell’s imminent resignation.
Bitcoin Surges as IF Models Point to Dollar Weakness
Bitcoin surged past $105,000 on Monday, buoyed by growing expectations that the Federal Reserve may be preparing to pivot its monetary policy stance later this year.
The rally followed Federal Reserve Chair Jerome Powell’s speech at the International Finance (IF) Division’s 75th anniversary conference. Powell reiterated the critical role of global data and modeling in shaping US monetary policy in his speech.
However, he did not directly signal any change in interest rates. While Powell’s remarks were framed as a tribute to the IF Division’s legacy, analysts and crypto investors parsed his words for policy clues amid mounting signs of disinflation and economic resilience.
“Understanding this complex and interconnected web is essential for us to anticipate the path of employment and inflation,” Powell said.
Although Powell did not mention easing or rate cuts, he emphasized that IF research is central to the “risks and uncertainty assessment that FOMC committee participants receive in advance of every meeting.”
That line, coupled with the Fed Chair’s comment that the division’s work is “certainly relevant today,” has sparked speculation that the Fed is preparing for a potential dovish shift if current economic trends continue.
This combination of disinflation and job stability supports both prongs of the Fed’s dual mandate. Crypto market analyst Kyle Chassé pointed to these dynamics as fuel for risk assets like Bitcoin.
“FED PIVOT INCOMING? The last CPI came in at just +2.3% YoY. Unemployment is steady around 4.2%. Fed officials say if inflation keeps cooling and jobs stay strong, rate cuts are on the table later this year. That’s rocket fuel for Bitcoin,” Chassé posted on X.
Investors also noted that Powell praised the IF division’s development of advanced models for “assessing risks and uncertainties through alternative scenarios.” According to Powell, these are instrumental in understanding the impact of global shocks.
Though not tied to any specific forecast, these capabilities are increasingly viewed by market participants as laying the groundwork for responsive monetary policy in the second half (H2) of 2025.
Is Bitcoin’s Recovery A Bet on Policy Shifts?
Bitcoin’s move above $105,000 reflects broader optimism that the Fed will begin easing before year-end, especially if inflation continues its downward trend.
According to data on the CME FedWatchTool, markets are pricing in a 95.3% probability that the Fed will maintain the current target rate of 4.25-4.50 basis points (bps) at the June 18, 2025, FOMC meeting. Meanwhile, there is a 4.7% chance of a 25 bps cut to 40.0-4.25 bps.
Though the central bank remains cautious in its public language, Powell’s focus on global risk modeling and his acknowledgment of ongoing uncertainty suggest a more data-responsive posture.
“This work is critical to understanding the quantitative implications of uncertainty shocks. Certainly, relevant today,” Powell noted.
For Bitcoin bulls, that relevance could translate into a more accommodative environment in which digital assets benefit from loosening financial conditions, a weakening dollar, and investors seeking alternative stores of value.
While the Fed has not confirmed a pivot, the market is listening closely, with Bitcoin holding well above $105,000.
BeInCrypto data shows BTC was trading for $105,568 as of this writing, up by a modest 0.62% in the last 24 hours.
As Kyle Chassé suggests, a rate cut could spur Bitcoin’s growth. However, the high probability of no change may delay any significant bullish momentum in the near term, likely explaining the modest gains.
XRP has bounced back from the $3 support level and is now trading around $3.20. However, popular crypto trader EGRAG Crypto has spotted a rare chart pattern that doesn’t appear often, but when it does, it usually leads to huge price jumps. In the past, this signal has led to gains of at least 40,000%.
Now, EGRAG believes that if history repeats, XRP could be on its way to a price between $9 and $24.
History Repeats? Here’s Why It Matters
After last week’s pullback, XRP dropped to around the $3.00 mark, a price level that acted like a safety net. But it didn’t stay there for long. The token bounced back and is now slowly climbing, trading close to $3.20, giving early signs that buyers are stepping in again.
Looking back, XRP saw its first major crossover in March 2017, followed by an eye-watering 40,000% rally before the cycle peak. The next crossover came in August 2020, pushing XRP up nearly 750% at the time.
Now, EGRAG highlights that in October 2024, the 21 EMA has again crossed above the 55 SMA, and since then, XRP has already pumped 560%. While this surge may seem big, history suggests it might just be the beginning.
#XRP – Insights on 21 EMA and 55 SMA #Bulli Cross ( $9 or $24):
Let’s examine what has happened in the past with the 21 EMA and 55 SMA on the weekly timeframe.
In March 2017, we witnessed a #bullish crossover, leading to an astonishing 40,000% pump until the cycle top! … pic.twitter.com/Yi5NNFumlS
EGRAG didn’t just spot a pattern, he also looked at how XRP reacted in the past when this same setup appeared. In 2017, XRP saw a huge rally after this crossover. Now, EGRAG says that even if XRP repeats just 10% of that old rally, the price could still jump by 4,000%, pushing it above the $9 mark.
But that’s not the only possibility. If XRP performs just twice as well as it did in 2020, which saw a 750% gain then we could still see a 1,500% move, taking the price close to $24.
The charts EGRAG shared also match this idea. XRP is currently moving within a rising channel, very similar to its past breakout setups.
XRP Price Analysis
As of now, XRP is trading around $3.19, showing a small bounce after last week’s dip. Based on the 4-hour price chart ,XRP may climb backto the 21 EMA (Exponential Moving Average), which often acts like a short-term support zone.
This move hints that buyers might be stepping in again after a brief sell-off. The Relative Strength Index (RSI) is now at 47.89, right in the middle, suggesting the market isn’t overbought or oversold, and there’s still room for XRP to climb.
If the price can stay steady above the key $3.00 level, it could give bulls more confidence to push harder
The post XRP Price News: Top Analyst Predicts Massive Rally For XRP Toward $9–$24 appeared first on Coinpedia Fintech News
XRP has bounced back from the $3 support level and is now trading around $3.20. However, popular crypto trader EGRAG Crypto has spotted a rare chart pattern that doesn’t appear often, but when it does, it usually leads to huge price jumps. In the past, this signal has led to gains of at least 40,000%. …
In March 2017, we witnessed a 
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