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There is a significant change happening in shops in Bolivia, as products are priced in the digital currency, USDT. Pictures obtained from these stores show Cadbury Dairy Milk and Oreo packs that display their prices in USDT. Economic Changes in Bolivia Lead to Acceptance of Tether’s USDT CEO of Tether Paolo Ardoino took to social
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XRP has experienced significant price movements recently, especially with the massive accumulation by whales. Over the past week, large holders have been quietly stacking up XRP, potentially positioning the altcoin for a significant price boost.
Their actions, combined with a resilient market, present an optimistic outlook for the altcoin’s future.
Whale addresses holding between 100 million and 1 billion XRP have added 1.34 billion XRP worth over $3.26 billion in the past week. While some speculated this accumulation was linked to XRP’s inclusion in the US Crypto Reserve, it appears the whales were primarily buying at low prices.
This indicates that these large holders anticipate further gains. Despite XRP’s 18% crash on Monday, the whales did not sell, suggesting they are confident in the asset’s long-term potential.
The price DAA Divergence is currently flashing a buy signal for XRP as investors demonstrate resilience amid challenging market conditions. This divergence indicates that, while the broader market has experienced volatility, XRP is showing strength. With more investors holding onto their positions and fewer opting to sell, the sentiment is clearly turning bullish.
As market conditions improve, investors’ buying pressure could continue to push XRP’s price higher. This would support the possibility of a sustained rally backed by both retail and whale participation.
XRP is trading at $2.45, holding steady above the critical support level of $2.33. After facing considerable volatility over the weekend, the altcoin managed to stabilize, posting a 37% price increase. This move suggests that XRP could have the momentum needed for further gains if the bullish trend continues.
However, despite the positive signals, XRP still failed to secure $2.70 as support on Sunday, which prevented the altcoin from pushing higher. If XRP can manage to flip $2.70 into support, it could break through the $2.95 resistance, bringing it closer to its previous highs.
If the altcoin fails to breach $2.70, XRP could experience consolidation above $2.33, as seen in previous price action. This could delay the bullish outlook and may prevent any immediate upward movement, resulting in a temporary stagnation until the market provides more clarity.
The post XRP Whales’ $3.2 Billion Accumulation Could Set Price Up For Rally appeared first on BeInCrypto.
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects.
Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto space and defended Cardano’s long-term vision.
Hoskinson emphasized that judging a project solely by its token’s price is a flawed approach. He pointed out that Cardano has grown from a $72 million startup into a $25 billion ecosystem, with over 3 million users worldwide.
He stressed that Cardano has consistently delivered on its development roadmap, achieving major milestones while maintaining a focus on security, scalability, and decentralization.
Mocking a recent trend where traders were encouraged to sell ADA for a now-collapsed project, Hoskinson criticized the “get rich quick” mentality. He warned against expecting 10x or 100x returns from fundamentally strong projects like Cardano, arguing that true success should be measured by technological innovation and real-world impact, not price speculation.
In the last 30 days, ADA’s price has climbed 4.1%, including an 11.9% rise over the past week. However, it saw a slight dip of 0.4% in the last 24 hours — a typical fluctuation in a volatile market.
Hoskinson urged the crypto community to shift focus from short-term price movements to genuine innovation. He also voiced his support for the Trump administration’s new efforts to bring regulatory clarity to the U.S. crypto sector, noting that clear regulations are essential for long-term industry growth.
Hoskinson’s message is clear: innovation, not hype, will determine the future leaders of the crypto industry. Despite criticism, Cardano’s consistent growth, robust technology, and regulatory-friendly approach position it as a project built for lasting success — not fleeting price pumps
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects. Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto …
The crypto price prediction today, May 8, is bullish amid widespread gains driven by President Donald Trump, who has teased an upcoming “big announcement.” Trump’s cryptic post drove Bitcoin and Ethereum close to $100,000 and $2,000, respectively. Meanwhile, meme coins were outperforming the broader market as PEPE, TRUMP, and BONK prices surged by more than 10%.
Data from CoinMarketCap shows that crypto prices are on a bullish trajectory today, with the total market cap posting a 3% intraday gain to reach $3.09 trillion. At press time, all the top ten cryptos were trading in the green.
The gains come after a recent post on Truth Social in which Trump noted that he would be making a major announcement on May 8. In a subsequent post, he revealed that this announcement would culminate in a big day for the US and the UK.
“This should be a very big and exciting day for the United States of America and the United Kingdom.”
This deal coincides with earlier reports that trade negotiations between the US and China will resume. US Treasury Secretary Scott Besset will lead trade talks with China’s Vice Premier He Lifeng on May 10.
The bullish news on major trade deals also comes on the back of the FOMC meeting in which the Fed left interest rates unchanged. Trump has reacted to Powell’s hawkish statement, terming him a “fool who doesn’t have a clue.”
These macro factors are fuelling crypto price volatility, with more than $368M positions being liquidated within 24 hours, as predictions suggest that the broader uptrend may continue.
As crypto prices rally, three top meme coins have stood out and have the potential to continue with the uptrend and clinch multi-week highs. These tokens include PEPE, TRUMP and BONK, which have gained by more than 10%.
PEPE price eyes an 18% rally to the upside after overcoming resistance at the neckline of a rounding bottom pattern. As the bullish momentum grows strong, as supported by the rising RSI to 72, this meme coin may soon reach the highly coveted $0.00001 price and get to its highest level since February. The ADX supports the bullish Pepe Coin price forecast as it appears to tip north after the recent downtrend, suggesting that bears are growing weak.
TRUMP trades at $12 with an 11% gain in 24 hours as it leads the rally in crypto prices. It eyes a breakout rally to $15 as the rising MACD line confirms that the bearish momentum is weakening. However, a bullish momentum will be confirmed after this indicator crosses above the zero line. Meanwhile, the Bollinger bands confirm that TRUMP is breaking out, and with a sustained rally, it may reach the 78.6% Fibonacci level of $15.
BONK price also eyes a parabolic rally after overcoming resistance at the neckline of a double-bottom pattern. If this pattern plays out, the rally will extend to the target price of $0.000020 in the near term, which is likely if the broader market sentiment remains positive. The AO histogram bars have also flipped green to confirm a momentum shift from bearish to bullish.
As crypto prices rally today amid positive macro factors driven by Trump’s “big announcement,” three meme coins have stood out with impressive gains, as the technical outlook suggests that further gains lie ahead. The price prediction for these crypto coins suggests that further gains lie ahead as buyers looking for quick profits start accumulating.
The post Crypto Price Prediction: PEPE, TRUMP, BONK Lead Rally Ahead of Trump’s ‘Big Announcement’ appeared first on CoinGape.