After seven straight weeks of steady Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to buy more Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a dead giveaway for a Strategy Bitcoin purchase announcement. Michael Saylor Cues Strategy Bitcoin Purchase Michael Saylor has signaled a potential Bitcoin acquisition by Strategy after posting the company’s portfolio trackers. According to the tracker shared in an X post, Strategy holds 580,250 BTC valued at $60.69 billion at current prices. Saylor has historically posted the MicroStrategy portfolio tracker on the eve of a Strategy Bitcoin purchase announcement. Market participants are interpreting the post as a cue for an incoming Strategy Bitcoin acquisition, given previous antecedents. Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT — Michael Saylor (@saylor) June 1, 2025 “Orange is my preferred color,” read Saylor’s caption accompanying the portfolio tracker post. For seven consecutive weeks, Michael Saylor has posted the portfolio tracker before… Read More at Coingape.com
Panama City could be on track to become Central America’s next Bitcoin hotspot after Mayor Mayer Mizrachi teased the creation of a city-level Bitcoin reserve. His cryptic hint came right after a high-profile meeting with El Salvador’s leading crypto strategists.
A Cryptic Clue Sparks Excitement
Mayor Mizrachi posted the words “Bitcoin Reserve” on X shortly after meeting with El Salvador’s Bitcoin policy leaders, Max Keiser and Stacy Herbert. The post, just 11 days ahead of his scheduled speech at Bitcoin 2025 in Las Vegas, has stirred speculation across the crypto community.
While no official details have been disclosed, the timing and tone hint at major developments—perhaps even Panama City mirroring El Salvador’s national Bitcoin reserve, which now holds 6,179 BTC worth nearly $640 million.
Crypto Payments Pave the Way
Panama City is already moving toward crypto adoption. A recently approved measure may soon allow Bitcoin, Ethereum, Tether (USDT), and USDC to be used for public payments—including taxes and municipal fees—pending the implementation of crypto-to-fiat conversion systems.
Although establishing a city-level reserve is possible, a federal-level Bitcoin reserve would require legislation by the National Assembly, which Mizrachi has not yet formally initiated.
As per Max Keiser’s post, they discussed using Panama’s hydroelectric energy for sustainable Bitcoin mining—similar to how El Salvador leverages geothermal power. This could help Panama position itself as a green crypto-mining hub.
In a notable educational initiative, Herbert confirmed that Panama City will adopt El Salvador’s “What is Money?” financial literacy textbook in its online library—marking a deeper collaboration between the two nations.
Conclusion
Mayor Mizrachi appears bullish on the idea of a Bitcoin reserve, but more clarity is expected once he consults with national lawmakers. With El Salvador recently facing IMF tensions over its Bitcoin policy, Panama may tread cautiously.However, with the Bitcoin 2025 Conference just around the corner and Mizrachi set to speak, the crypto world is watching closely
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The post Panama City to Adopt Bitcoin Reserve Like El Salvador— Hints Mayor Mizrachi appeared first on Coinpedia Fintech News
Panama City could be on track to become Central America’s next Bitcoin hotspot after Mayor Mayer Mizrachi teased the creation of a city-level Bitcoin reserve. His cryptic hint came right after a high-profile meeting with El Salvador’s leading crypto strategists. A Cryptic Clue Sparks Excitement Mayor Mizrachi posted the words “Bitcoin Reserve” on X shortly …
Stellar (XLM) enters May 2025 in a fragile position, underperforming Bitcoin and other altcoins both in price action and trading volume. Despite following BTC’s general trajectory, XLM has failed to capture the same upside, while still participating fully in market corrections.
Volume has also collapsed from early-year highs, highlighting a drop in market interest and liquidity. With price sitting just above a key support and a potential death cross on the horizon, Stellar faces a critical month that could define its near-term trend.
XLM Lags Behind Bitcoin With Asymmetric Volatility
While Bitcoin has climbed over 14%, XLM has managed only a 2.8% gain, falling behind BTC and other altcoins like Hedera, which have shown stronger bullish reactions.
This muted upside signals a lack of conviction among traders and raises questions about Stellar’s momentum in the current market cycle.
Normally, altcoins are expected to amplify Bitcoin’s movements both ways: outperforming during rallies and underperforming in downturns. Stellar, however, only shows downside volatility without the upside benefit.
This imbalance makes the token vulnerable, signaling weaker market confidence and potentially limiting its appeal in a risk-on environment.
Stellar Trading Volume Collapses From Early 2025 Highs
This is well below previous highs—$480 million on April 7 and $930 million on March 3—showing a clear downtrend in market participation.
Declining volume often signals weakening interest from traders and can limit price momentum, especially in a token that already underperforms on the upside.
Daily volume frequently surpassed $1 billion in January and February, even reaching above $2 billion. That level of liquidity helped fuel stronger price action and volatility.
With current figures sitting at a fraction of those peaks, Stellar faces a market backdrop that lacks energy and conviction—potentially capping any meaningful rallies in the near term.
Stellar at Make-or-Break Support as Death Cross Looms
Stellar is hovering just above a key support level at $0.26, a zone that could determine its next major move. The EMA lines are tightening, and a potential death cross may be forming where short-term EMAs cross below long-term ones.
If the $0.26 support is lost and the death cross confirms, XLM could slide further toward $0.239 and even $0.20, signaling a deeper bearish shift.
Conversely, bullish momentum could return if Stellar price manages to bounce and break through the $0.297 resistance.
Moving past that level could open the door to $0.349 and $0.375, with further upside potential toward $0.44 and even $0.495 if volume and sentiment improve.
XRP has regained market attention following the recent slash in Ripple’s penalty by the SEC. This has led to a rise in open interest for XRP, despite the overall market’s bearish sentiment. Several on-chain indicators have turned positive, suggesting that the current consolidation phase may be approaching its conclusion. Analysts anticipate a potential rebound in XRP’s price, led by increased accumulation around the $2 level.
XRP Faces $8 Million Liquidation Amid Consolidation
XRP’s price has been struggling to confirm a clear direction, as buying and selling pressure intensifies around the $2 mark. This has led to a period of strong consolidation on the price chart. Data from Coinglass shows that XRP saw total liquidations of approximately $8.07 million over the past 24 hours, with buyers taking the bigger hit, facing $6.58 million in liquidations. While sellers closed around $1.49 million in short positions.
The accumulation rate is extending as analysts revealed that the accumulation phase for the XRP price has been longer than in previous cycles, indicating that the market may just be taking more time to develop. As XRP continues its consolidated momentum, whales are also increasing their holdings. This might create a strong upward push if XRP breaks above.
Additionally, recent positive developments regarding the SEC vs Ripple lawsuit have had a positive influence on XRP price. According to a Wednesday update from lawyer James Filan, Circuit Judge José Cabranes signed the court order on April 16, putting the appeal “in abeyance,” or on hold, by mutual agreement.
On the other hand, Brad Garlinghouse said Ripple might pay its settlement with the SEC using XRP and called the lower $50 million fine a big step forward. In an April 11 interview, he pointed out that crypto rules in the U.S. seem to be improving. Ripple had put aside $125 million for the case but will now keep most of that money.
As a result, the open interest jumped by 20% in five days, with the long/short ratio now at 1.1. This shows that 52% of traders expect XRP to rise.
What’s Next for XRP Price?
XRP price has been hovering above the descending resistance line. However, buyers are struggling to send the price above EMA trend lines. As of writing, XRP price trades at $2.07, declining over 2.1% in the last 24 hours.
The 20-day EMA ($2.10) is flat, and the RSI is near neutral, signaling a balance between buyers and sellers. This hints that XRP price might continue to consolidate within a range-bound area. If the price falls below $2, bears may take control, potentially pushing XRP down to $1.62 or even $1.3.
On the upside, if buyers can move the price above the 50-day SMA and hold it there, XRP could climb toward the resistance line at $2.6. However, sellers are likely to defend that level strongly, as a breakout above it could indicate a trend reversal.
The post XRP’s Consolidation Around $2 Could Trigger a Big Move: What’s Next for XRP? appeared first on Coinpedia Fintech News
XRP has regained market attention following the recent slash in Ripple’s penalty by the SEC. This has led to a rise in open interest for XRP, despite the overall market’s bearish sentiment. Several on-chain indicators have turned positive, suggesting that the current consolidation phase may be approaching its conclusion. Analysts anticipate a potential rebound in …
