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Bitcoin critic Peter Schiff has sparked a debate on X by calling the 21 million BTC supply cap arbitrary. He raised questions about Bitcoin’s scarcity amid the recent rally to an ATH of $118K, claiming that its perceived value is based more on public belief than actual scarcity, triggering a wave of responses across the
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The post Coinbase’s Stake in Circle Could Block Ripple’s Alleged $20 Billion Offer appeared first on Coinpedia Fintech News
Ripple is back in the headlines, reportedly raising its acquisition offer for Circle, the issuer of USDC. Initial reports suggested Ripple offered between $4 billion and $5 billion, but the offer was rejected by Circle. Now, new sources claim Ripple has increased the bid to $20 billion — though no official confirmation has been made.
Pro-XRP lawyer John Deaton weighed in on the situation. He said that Circle filed its S-1 registration with the SEC on April 1, 2025, planning to go public on the New York Stock Exchange (NYSE) under the ticker “CRCL.” JPMorgan Chase and Citigroup are listed as the lead underwriters, with the IPO expected to launch this summer.
Circle is reportedly targeting a valuation between $4 billion and $5 billion, which aligns with Ripple’s initial offer. However, this is still significantly lower than the $9 billion valuation Circle had aimed for during a failed SPAC merger back in 2022.
Deaton suggests Circle rejected the $5B offer because it expects its post-IPO value to be higher, possibly close to or above that $9B mark. He also highlighted the regulatory shift in favor of crypto, with pro-crypto policies and the possible passing of the STABLE GENIUS Act, as signs that a $10B+ deal wouldn’t be unrealistic.
Adding another layer of speculation, Deaton questioned Ripple’s relationship with Coinbase, which already owns a minority stake in Circle. This raises the possibility of a bidding war between major crypto players.
As of now, both Ripple and Circle have not confirmed any details of ongoing acquisition talks.
The post Coinbase’s Stake in Circle Could Block Ripple’s Alleged $20 Billion Offer appeared first on Coinpedia Fintech News
Ripple is back in the headlines, reportedly raising its acquisition offer for Circle, the issuer of USDC. Initial reports suggested Ripple offered between $4 billion and $5 billion, but the offer was rejected by Circle. Now, new sources claim Ripple has increased the bid to $20 billion — though no official confirmation has been made. …
The post Dogecoin Price Analysis: DOGE Faces Another Selloff as Altcoins Weakens Against Bitcoin appeared first on Coinpedia Fintech News
Dogecoin (DOGE), the largest memecoin by market capitalization, remains highly synchronized with Bitcoin’s (BTC) price action. Most importantly, the large-cap memecoin, with a fully diluted valuation of about $23.5 billion and a 24-hour average trading volume of about $1 billion, has been recording a similar fractal pattern to the 2021 and 2017 bull cycles.
As a result, the odds of a major parabolic rally before the end of 2025 remain palpable, especially catalyzed by the notable rally of Gold price.
The involvement of the government in the crypto market through complex global regulations has significantly impacted the four-year crypto cycle. During the 2021 crypto cycle, most of the altcoins were in price discovery during the second quarter, with large-cap altcoins having reached respective peaks.
According to crypto analyst Benjamin Cowen, the altcoin market will continue to bleed to Bitcoin in the near term. The crypto analyst expects Bitcoin dominance to reach 66 percent in the coming weeks, thus causing altcoins to drop another 10-20 percent.
In the daily timeframe, the DOGE price has been retesting a crucial logarithmic support level established since 2023. Although DOGE price has signaled a breakout from a YTD falling logarithmic trend, the MACD and Relative Strength Index (RSI) have not yet signaled the onset of bullish sentiment.
As a result, DOGE’s price is well positioned to drop towards 14 cents again before rebounding towards price discovery soon.
Backed by a robust online community of more than 6 million on-chain holders, Dogecoin has grown to be a major crypto asset. Most importantly, the unwavering support from tech billionaire Elon Musk and his family of unicorns has helped attract more institutional support.
Already, several fund managers have filed with the U.S. SEC to offer spot DOGE ETFs. Meanwhile, Dogecoin’s core developers are seeking to expand the network to cover the DeFi ecosystem.
Furthermore, the DeFi ecosystem has helped top-tier layer one chains, such as Solana (SOL), remain competitive in the past two years.
The post Dogecoin Price Analysis: DOGE Faces Another Selloff as Altcoins Weakens Against Bitcoin appeared first on Coinpedia Fintech News
The wider crypto market may be attempting to follow the Gold price but the short-term selloff continues to persist. DOGE price has potentially bottomed, but a retest could happen again before market reversal. Dogecoin (DOGE), the largest memecoin by market capitalization, remains highly synchronized with Bitcoin’s (BTC) price action. Most importantly, the large-cap memecoin, with …
The post Vitalik Buterin Plans to Streamline Ethereum for a Safer Future appeared first on Coinpedia Fintech News
Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help Ethereum become more resilient and easier to maintain over time, ensuring the network stays strong and efficient for the long run.
The post Vitalik Buterin Plans to Streamline Ethereum for a Safer Future appeared first on Coinpedia Fintech News
Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help …