Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now rests with the governor, and the outcome will determine Arizona’s next move in its Bitcoin reserve strategy.
Excitement within the XRP community is reaching new heights as ExoraPad’s presale swiftly surpasses a major milestone, raising over 75,000 XRP. Investors, including influential XRP whales, are quickly securing positions to obtain $EXP tokens before the anticipated exchange debut, recognizing the potential for significant growth immediately after listing.
As ExoraPad rapidly becomes a key player in the XRP DeFi ecosystem, its innovative AI-powered launchpad is attracting significant attention, driving substantial presale momentum.
ExoraPad’s presale has swiftly crossed the impressive 75,000 XRP mark, highlighting strong investor interest. With the presale window closing shortly, urgency is mounting among investors eager to secure tokens at the presale discount before the official exchange listing.
Why XRP Whales Are Heavily Buying $EXP Tokens
ExoraPad distinguishes itself by uniquely integrating AI analytics into the XRP Ledger, enhancing DeFi functionality and dramatically streamlining blockchain project launches. This innovative approach makes ExoraPad highly attractive to experienced XRP investors seeking groundbreaking utility and long-term growth opportunities.
ExoraPad’s Roadmap and Development Milestones
ExoraPad has already achieved significant progress, reaching crucial milestones:
Token Security Audit: Currently completed by reputable blockchain auditing firms, ExoraPad’s rigorous token audit emphasizes its commitment to security and transparency, boosting investor confidence.
Softcap Successfully Reached: ExoraPad has confidently surpassed its initial presale softcap target, demonstrating robust investor support and reinforcing the project’s promising outlook.
Launchpad UI Demo Scheduled for Q2 2025: The anticipated launch of ExoraPad’s user interface demo is set for the second quarter of 2025, giving investors and the wider community an exclusive preview of the sophisticated platform designed to revolutionize blockchain project launches and evaluations.
ExoraPad offers significant utility and rewards for its token holders, including:
Exclusive Early Access: Token holders get prioritized entry to AI-vetted premium blockchain initiatives, Real World Assets (RWAs), and Decentralized Physical Infrastructure Networks (DePIN) projects.
Attractive Staking Opportunities: Holding $EXP tokens grants access to lucrative staking benefits, providing consistent passive income and rewarding long-term commitment.
Revenue-Sharing Incentives: ExoraPad implements a transparent revenue-sharing model, returning a substantial portion of platform-generated fees to $EXP holders, further enhancing the long-term value proposition of the token.
How to Join the ExoraPad Presale
Joining the ExoraPad presale is a simple process:
Purchase XRP from trusted cryptocurrency exchanges such as Binance or Coinbase.
Transfer your XRP securely to an XRP Ledger-compatible wallet, like Xaman Wallet.
Visit ExoraPad’s official presale page (https://exorapad.com/presale), submit your XRP, and instantly secure your allocation of $EXP tokens.
Act Now, Less Than 2 Days Remaining!
With over 75,000 XRP already raised and the presale ending imminently, the window to purchase $EXP tokens at the current advantageous price is quickly closing.
Don’t miss this limited opportunity to join savvy XRP investors who are already positioning themselves for the next big leap in XRP-based DeFi.
Secure your $EXP tokens today before it’s too late!
The post XRP News: ExoraPad Presale Surpasses 75,000 XRP as Investors Rush for $EXP Before Exchange Listing appeared first on Coinpedia Fintech News
Excitement within the XRP community is reaching new heights as ExoraPad’s presale swiftly surpasses a major milestone, raising over 75,000 XRP. Investors, including influential XRP whales, are quickly securing positions to obtain $EXP tokens before the anticipated exchange debut, recognizing the potential for significant growth immediately after listing. As ExoraPad rapidly becomes a key player …
The Securities and Exchange Commission’s (SEC) decision to drop lawsuits against several major crypto players has left the Ripple case as a notable exception. Recently, the US SEC dismissed litigations against Kraken, Cumberland, and Consensys, sparking curiosity about the status of the XRP lawsuit. Fox Business journalist Eleanor Terrett took to X to share insights on the possible reasons behind the SEC’s delay in the Ripple case.
Let’s take a closer look at the Ripple case and the SEC’s decision to exclude the platform while dropping lawsuits against other crypto companies.
Is US SEC Further Delaying the XRP Lawsuit?
In her recent X post, Fox Business reporter Eleanor Terrett shared insights on the possible reasons for the SEC’s delay in the XRP lawsuit. While the SEC intentionally missed Ripple while dismissing cases against other major firms, Terret stated that the move wasn’t surprising.
Emphasizing the unique circumstances of the Ripple case, Terrett stated, “No Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases.” The journalist pinpointed the complexities surrounding the XRP lawsuit unlike other crypto lawsuits.
The SEC’s approach to resolving the XRP lawsuit differs from other crypto cases due to an existing injunction. To move forward, the SEC must request Judge Torres to lift this injunction, allowing them to proceed with voting on the withdrawal of the appeal and other related matters.
SEC Dismisses Kraken, Cumberland, Consensys Cases
In a recent development, the US SEC officially announced the dismissal of the crypto lawsuits involving Kraken, Cumberland, and Consensys. This decision comes after the SEC filed a joint stipulation with each company. The filing agrees to dismiss the cases with prejudice, meaning they cannot be refiled.
It is noteworthy that the dismissal comes without any financial implications for the crypto firms. Dropping the lawsuits, the Commission underscored the irrelevance of the cases. However, the regulator clarified that its decision does not imply a change in its position on the underlying issues of the lawsuits.
As highlighted by Terrett, these dismissals do not impact or influence the ongoing XRP lawsuit. Meanwhile, the Ripple lawsuit is expected to follow specific procedures, which may lead to a delay in its conclusion. The settlement process for the Ripple lawsuit involves several steps. This includes the SEC’s request to lift the existing injunction and the subsequent voting on the withdrawal of the appeal.
How This Delay in the Ripple Lawsuit Settlement Impact XRP Price?
Amidst the complexities and uncertain timeline surrounding the Ripple case settlement, the XRP price faces major corrections. As of press time, XRP is trading at $2.21, with a 5.38% dip in a single day. Over the past week and month, XRP has plummeted by 6.7% and 2.2%, respectively.
Despite this negative trend, a positive sentiment persists among investors, as indicated by a 17.6% surge in trading volume, currently at $3.85 billion. This sparks a bullish prediction for XRP, with analysts foreseeing its ascendance to $11.
Bitcoin may face three potential trend scenarios in the future, with the most optimistic one forecasting a surge to $150,000 to $175,000 within the next 12 months.
This prediction is supported by factors such as a strong influx of institutional capital and positive investor sentiment following the Trump administration’s plans to establish a national Bitcoin reserve.
Positive Forecasts from Experts and Market Signals
The Bitcoin Composite Index currently stands at ≈ 0.8 (80%). Based on this indicator, AxelAdlerJr outlined three possible scenarios.
In the most optimistic scenario, BTC’s price could reach $150,000 to $175,000, following the cyclical logic of 2017 and 2021. This would occur if the Bitcoin Composite Index surpasses 1.0 and remains above that level.
If the ratio stays within the 0.8–1.0 range, the market would likely consolidate in a broad corridor between $90,000 and $110,000, indicating that participants are maintaining positions without increasing exposure.
Alternatively, if the ratio drops to 0.75 or below, short-term holders may start taking profits, potentially leading to a price correction to $70,000–$85,000. However, AxelAdlerJr notes that this scenario is less likely than the other two.
The return of YoY True MVRV to positive territory means that the average purchase price of all coins acquired over the past year is now below the current market price. The pressure from panic sellers is decreasing – many are now in profit and don’t need to lock in losses. Holder… pic.twitter.com/6AgvVVTn9h
On-chain signals further bolster the bullish outlook. According to Coinglass, over the past 7 days, approximately 42,525.89 Bitcoins were withdrawn from centralized exchanges (CEX), reducing the supply on exchanges to a 7-year low of about 2.48 million BTC.
The trend of Bitcoin withdrawals from exchanges is often seen as a positive sign, as it indicates investor accumulation and reduced selling pressure, paving the way for price growth.
Bitcoin’s 7-day volatility has also hit its lowest level in 563 days. Low volatility typically signals a period of accumulation before a price breakout, as observed during past major rallies, such as in 2020 before Bitcoin peaked at $69,000.
Technical analysis also supports Bitcoin’s bullish scenario. According to a post on X by Ali, Bitcoin’s key support levels are at $93,198 and $83,444, indicating strong consolidation above these thresholds.
If Bitcoin sustains above $93,198, the likelihood of continuing its upward trend to reach the $150,000 target becomes highly feasible.
“The most critical support levels for #Bitcoin $BTC are $93,198 and $83,444. Key zones to watch if momentum shifts,” Ali shared.
Moreover, Breedlove22, a well-known analyst, shared on X about three indicators signaling optimism for Bitcoin. The first is the Average Miner Cost of Production. According to Breedlove22, this metric is at a bottom, suggesting a significant bull market may be on the horizon.
Average Miner Cost of Production. Source: Breedlove22
The second indicator is the supply held by long-term holders, which measures Bitcoin unmoved on-chain for at least 155 days. Breedlove22 noted that over the past 30 days, long-term holders have acquired an additional ~150,000 BTC.
“Bitcoin is running out of sellers in the $80,000 to $100,000 range,” Breedlove22 stated.
Lastly, and most importantly, is USD liquidity, which effectively represents the “demand” side of the equation. More dollars in the system mean more potential bidders.
“And it’s not just USD liquidity that’s increasing – liquidity of all fiat currencies is on the rise, and Bitcoin is a global asset,” Breedlove22 added.
Echoing Breedlove22’s perspective, another X user shared that BTC’s valuation based on hash rate is at a support level, suggesting that a local bottom may have been reached.
In the optimistic scenario, Bitcoin is poised for a significant opportunity to reach $150,000 to $175,000. However, investors should also prepare for risks such as short-term price corrections.
With strong support levels at $93,198 and $83,444, Bitcoin has a solid foundation for continued growth, but caution remains essential.