Author: Monicah W

Ethereum blockchain will receive the Pectra upgrade on May 7, which could have a bullish impact on its price. Let’s explore three key reasons why the post-Pectra update could propel Ethereum (ETH) price to $2,000 after weeks of struggle.

Three Key Reasons Ethereum Price Will Hit $2,000 After Pectra Upgrade

The Pectra advancement will modernize the Ethereum blockchain, bringing new features to the table. Reducing the layer-2 transaction costs, the update will implement 6 blobs per block. Validators will be able to consolidate 2,048 ETH, and EIP-7702 will bring smart contract functionality to wallets.

The huge update for Ethereum will result in a notable impact on the token’s underlying price. This could be the reason that ends the lackluster performance of Ethereum price. Here are the three reasons why this technological reform could catalyze a bull rally for ETH.

1. Technical Analysis Hints Bullish Breakout Likely

With a crypto market turnaround, Ethereum price has created an evening star pattern near the $1,755 demand zone. Following the trend reversal pattern, ETH began a new V-shaped reversal, creating consecutive green candles, signaling the resurgence of bullish momentum.

This bounce from the 50% Fibonacci level near $1,755 pushed ETH price to revisit the 61.80% Fibonacci level at $1,835. Due to this pivotal recovery, investors expect the possibility of a $1,855 breakout rally for Ethereum. 

The MACD’s bullish crossover signals trend reversal, which is in line with the above outlook. Furthermore, the 4-hour RSI line has bounced off the oversold level, reflecting the buyer strength.

As a result, investors can expect the breakout rally to push Ethereum price to the next key hurdle at $1,949 or roughly $2,000. This level coincides with the 78.60% level.

Optimistically, with the new Pectra upgrade amid a broader market recovery, Ethereum could reach the previous swing high near $2,100. Hence, the Ethereum price prediction marks an upside potential of 25% upon breakout.

2. Ethereum On-Chain Data Signals Potential Rally Trend 

IntoTheBlock’s Global In/Out of the Money Around Price (GIOM) metric shows the next key hurdle extends from $2,042 to $2,499. Here, roughly 13 million addresses that bought nearly 70 million ETH at an average price of $2,298 are “out of the money”. While the Pectra upgrade-driven Ethereum price jump could hit $2,000, investors should consider booking profits here due to selling pressure from the aforementioned underwater investors.

Alternatively, the nearly 7 million addresses that purchased 8 million ETH at $1,794 are a good support level that investors should keep an eye on.

3. Growing Confidence of Large Holders

Large Holders’ Netflow for Ethereum spiked by 78.07% from 37.12k to 105.33k between April 29 to May 6. Large Holder Netflow tracks smart money investors that hold 0.1% of ETH’s supply. An uptick in this cohort signals an optimistic outlook and hints at an upcoming price rally for Ethereum. Combined with the optimistic technicals and ITB’s data, the outlook for ETH remains largely hopeful.

Conclusion

The recent price surge aligns with the upcoming network upgrade which is a few hours away. The crypto market is anticipating a cheaper Layer-2 transaction and a smart contract facility for Ethereum wallets that could boost its price to key psychological levels or higher.

The post Top 3 Reasons Why Ethereum Price Could Reach $2,000 Post Pectra Upgrade appeared first on CoinGape.

After the escalated war odds in South Asian countries, India and Pakistan, former Binance CEO Changpeng Zhao commented on the situation and asked for peace. Both countries have been hot and cold ever since the partition in 1947, with four battles in the last 77 years. The odds of another rising past the massacre of 26 tourists in Indian-administered Kashmir, resulting in India blaming Pakistan for involvement. Amidst this, India launched missiles targeting the terrorist infrastructure across sites in Pakistan-administered Kashmir and Punjab to prevent further attacks, but war fear builds. What does CZ have to say? Let’s discuss.

Changpeng Zhao Asks For Economic Rivalry, Not War

The crypto adoption is on the higher side in India and Pakistan, per Reuters and many others, so a war situation could affect the global crypto market, let alone the people. The Ukraine-Russia war has already brought massive turbulence. Notably, it is still affecting the financial market in many ways. As the world’s focus shifts to India’s ‘Operation Sindoor’, Changpeng Zhao also commented on the escalated situation.

In an X post, the former Binane CEO and the newly appointed Pakistan’s crypto advisor, CZ, have commented on India’s Operation Sindoor, hoping for people’s safety. More importantly, he asked for the economic rivalry instead of the India-Pakistan war, adding that we are all humans.

However, the CZ’s tweet received mixed reactions, where many, including the Kyrgyz Republic’s president, supported the peace mindset, while others called for CZ’s ignorance of the Pahalgam massacre. With the terror attack, 26 Indian tourists were brutally killed, alleged to have been funded by Pakistan.

The situation is adverse, with a number of deaths in India’s Operation Sindoor on both sides. As a result, there is a fear of escalation. Even the US President, Donald Trump, has commented in the hope of a sooner resolution and settlement.

Crypto Market Maintains Stability: Will it Alter?

For now, the crypto market remains relatively stable despite India’s Sindoor Operation and escalating war odds. As the crypto investors focused on the FOMC meeting result, ending today, the India-Pakistan war situation broke out unexpectedly.

Despite the unfavorable conditions, the Bitcoin price is rising, currently trading at $96.9k after a 3% surge in 24 hours. Moreover, many top altcoins are moving up amid the building market’s uncertainty. Experts claim the stability is due to investors’ anticipation of ‘No War,” as Changpeng Zhao suggested.

These assets’ further performance and the market depend on Jerome Powell’s speech today. Industry experts warn of potential high volatility, and if India and Pakistan enter a war, the market may witness a full-blown red week or more.

The post “No to War”: Changpeng Zhao’s Message After India’s ‘Operation Sindoor’ appeared first on CoinGape.

Michael Saylor has made bold claims before, but this one might be his most ambitious yet. Saylor explained to a packed audience at the Bitcoin for Corporations 2025 event why he thinks Microsoft should buy $75 billion worth of Bitcoin. You heard it right, $75 billion!

Michael Saylor Recommends Bitcoin Over Bonds As $MSTR Stock up 29% YTD

He said this move could help the company earn up to $4 trillion, calling Bitcoin the best-performing capital asset available today. For context, the entire market cap of Microsoft today is just over $3 trillion.

“You destroy 99.7% of your capital buying bonds and 97% buying back your own stock. But with Bitcoin, you’re buying a high-growth digital monopoly, at one times revenue.”

The pro-bitcoiner also called bonds “toxic”, slammed traditional treasury strategies, and said Bitcoin is the only asset outperforming everything else with consistency. 

In a direct pitch to the Microsoft board, Saylor stated that they gave up $200 billion in capital over the past five years through dividends and stock buybacks. He called this idea a not-so-brilliant way to give up key resources during a critical time.

It is worth noting that, Strategy stock (NASDAQ: MSTR ) has outperformed most S&P 500 stocks in 2025 with a 29% returns year to date amid the Trump tariffs.

The former CEO of MicroStrategy claimed that while bonds and treasuries expose companies to inflation, volatility, and counterparty risk, Bitcoin provides a censorship-resistant, decentralized store of value. “It’s the apex capital asset,” he said, adding that BTC has outperformed Microsoft, the S&P 500, and every other major asset class in the last decade.

In fact, Saylor has recently revealed the company’s plans to raise up to $84 billion by selling stocks to purchase additional Bitcoin.

For Saylor, Bitcoin Is Default Treasury Asset of the Future

His analysis showed that MicroStrategy’s stock surged from $12 to over $390 after adopting a Bitcoin standard, and that it raised over $37.5 billion in new capital since 2020. He believes any company can follow this,  

“Bitcoin is the universal merger partner, reversible, liquid, and immortal.”

Microsoft may have passed on the idea for now. But Saylor’s pitch went viral, adding fuel to the conversation around Bitcoin as a corporate treasury asset. “You want to make $4 trillion?” he concluded. “It starts with a single decision.”

This speech comes just after MicroStrategy added more BTC to its vault. This time, the company paid $180 million to purchase 1,895 BTC, increasing its total Bitcoin holdings to 555,450 BTC.

The post “Bonds Are Toxic”: Michael Saylor Says Microsoft Could Make $4 Trillion Buying BTC appeared first on CoinGape.

Pi Network price remains in a clear downtrend following its initial listing gains on small exchanges. The struggle to secure a top-tier exchange listing has dropped the price of PI Coin by 80% in 69 days. Despite the crash, the future outlook witnesses a spark as Michael Saylor remarks a bright Bitcoin market cap target of $200 trillion. 

Such a bullish viewpoint projects a strong possibility of a phoenix-like rise for projects like PI Network. So, how high will the price surge of the PI Coin price if Bitcoin hits a $200 trillion valuation? 

Pi Network Price Implication if Bitcoin Market Cap Hits Saylor’s Target of $200T 

Michael Saylor, Executive Chairman of MicroStrategy, ponders the possibility of Bitcoin achieving a $200 trillion market cap by 2045. This will position Bitcoin as a global settlement layer after a 100x increase from the current market cap of almost $2 trillion.

Based on PIScan, the current market cap of PI Network is $4.09 billion, securing a spot in the top 30 cryptocurrencies. If PI Network witnesses similar 100-fold growth, the bullish case targets a $409 billion valuation. This will pump the current price of PI Coin from $0.581 to $58.10.

If PI maintains its current market cap of $4.09 billion, a 100-fold increase in Bitcoin’s market cap could proportionally elevate PI’s market cap to $409 billion. With the circulating supply remaining constant, this would translate to a PI price of approximately $58.10.

An even more optimistic PI Network price prediction surfaces if it could reclaim its all-time high $13.4 billion valuation. In such a case, PI Network will reach a $1.34 trillion valuation and a $190 market price. This surpasses the current Ethereum valuation and is $600 million shy of the current Bitcoin market cap. 

Such a mammoth rise in Bitcoin will impact the entire cryptocurrency market, as historically, BTC price jumps relate to altcoin market rises. Hence, in such a scenario, top altcoins other than PI Coin would witness a similar move. 

Other Factors That May Affect Pi Coin Price In Near-Term 

The key hurdle for PI Network to reinstate a positive trend remains the top-tier exchange listing, like Binance. Facing rejections due to its minimal utility, network upgrades and increased liquidity could open the gates to major listing gains. 

Recently, Banxa, a payment platform, secured PI Network’s KYB approval, bringing PI Coin exposure to its users globally. This will boost the liquidity and bring real-world utility, increasing its listing chances. 

Elsewhere, PI Network provides another real-world solution to Cube Motors, a well-known Florida car dealership. In a partnership with Pi Coin, the dealership will now accept Pi Coins as a legitimate payment for vehicles. 

The PI Network utility expanded to real estate earlier this year. Zito Realty LLC, a Florida-based real estate firm, now accepts Pi Coin as a form of payment for property transactions. 

Conclusion

In conclusion, if Saylor’s promising target of a $200 trillion valuation becomes a reality, altcoins like PI Network will skyrocket. Estimated valuations from $409 billion to $1.34 trillion could witness a price surge between $0.58 and $190. 

The post How High Will Pi Network Price Go if Bitcoin Hits $200T Valuation As Suggested by Michael Saylor? appeared first on CoinGape.

The post Can BNB Hit $2,800? Standard Chartered’s Crypto Prediction Will Get You Thinking appeared first on Coinpedia Fintech News

When it comes to crypto, bold predictions are often met with skepticism. 

But Standard Chartered Bank has thrown down a big one: BNB (Binance Coin) could hit a massive $2,800 by 2028. For a coin that’s usually flying under the radar, this prediction is both surprising and intriguing.

What’s behind this claim? Let’s dive in together. 

Can BNB Really Reach $2,800?

Let’s be honest – a nearly fivefold increase in BNB’s price over the next three years sounds pretty wild. At the time of writing, BNB is trading at $604.8. So, to think it could shoot up to $2,800? That’s a pretty big leap. 

But here’s where it gets interesting. Standard Chartered’s forecast is based on something solid: a stable pattern that’s been in place since May 2021, where BNB has moved almost in lockstep with Bitcoin and Ethereum. 

It’s this consistent correlation that gives the prediction some weight, making BNB a potential benchmark for how the broader crypto market moves.

Still not convinced? 

Understanding Standard Chartered’s Prediction for BNB

So, what’s driving this bullish outlook?

• Stable Correlation: BNB has been tracking Bitcoin and Ethereum’s performance for years now. If that pattern holds, BNB could very well see a price surge, just like BTC and ETH.
• Binance’s Dominance: Binance is one of the biggest centralized exchanges in the world. As long as it stays on top, BNB’s value will likely continue to benefit from the exchange’s massive influence in the market.
• BNB as a Benchmark: Standard Chartered also suggests that BNB could become a reference point for investors looking to track the overall crypto market. Instead of always focusing on Bitcoin or Ethereum, BNB could emerge as a solid alternative.

But, of course, there’s a catch. 

The crypto market is known for its volatility, so while these factors make sense, there’s always a chance things could shift. Can BNB continue to follow in the footsteps of BTC and ETH, or will the market take an unexpected turn?

BNB ETF: A Potential Boost to Adoption! 

And the story continues…

VanEck, a major U.S. asset manager, just filed with the SEC for a BNB spot ETF, the first one ever. This is a huge step, especially as the race for altcoin ETFs heats up. If this ETF gets approved, it could give BNB a significant boost by making it more accessible to institutional investors. 

This would likely lead to more adoption, which could, in turn, push BNB’s price even higher.

BNB’s current price is sitting at $604.8, but with an ETF on the horizon, we could see that price rise as more people pile in. The added exposure from an ETF might be the catalyst that helps BNB reach its potential target of $2,800.

Let’s wait to see if the stars align as well as SC hopes!

The post Can BNB Hit $2,800? Standard Chartered’s Crypto Prediction Will Get You Thinking appeared first on Coinpedia Fintech News
When it comes to crypto, bold predictions are often met with skepticism.  But Standard Chartered Bank has thrown down a big one: BNB (Binance Coin) could hit a massive $2,800 by 2028. For a coin that’s usually flying under the radar, this prediction is both surprising and intriguing. What’s behind this claim? Let’s dive in …

The post Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35? appeared first on Coinpedia Fintech News

Key Highlights:

• HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%.
  
• Recent technicals show a well-formed ascending triangle pattern, with resistance at $26–28 and a breakout target around $33–35.
  
• On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed trader participation and liquidity inflow.
  
• Heavy long liquidation zones around $50K–$82K and short squeeze risk building above $103K, hinting at possible volatility spikes.

With the current momentum and pattern strength, HYPE looks positioned to retest its ATH of $35 within the next 4–6 weeks if resistance flips support.

Hyperliquid (HYPE) has made a strong resurgence with 105% jump in value in one month, back above the critical $20 mark. HYPE is now priced at $21.18 (+5.39% daily) at a market cap of $7.07B and 24h volume of $127.66M (+47.19%). The coin reached an all-time high (ATH) of $35.02 on Dec 21, 2024 (~40% off ATH), and several traders are hoping for a portfolio full reversal.

HYPE’s momentum is attributed to the following catalysts:

• HYPE’s New Fee & Staking System Announcement (launched May 5):

Hyperliquid introduced a fee and staking system on May 5. Users can now stake their HYPE coins to receive a trading fee discount of between 5% and 40%, depending on the amount staked.

The fee discount uses different rates for futures and spots; spot volume counts as double for fee tier calculations. And a big upgrade comes from linking staking and trading accounts, so the discounts apply to any trading account and will incentivise all traders to engage and provide liquidity to the platform.

• Ethena’s USDe Stablecoin After Launch:

Ethena Labs has integrated its USDe stablecoin into Hyperliquid’s DEX, and integrated USDe with its HyperEVM blockchain. Users who hold 100+ USDe on HyperCore are now eligible to earn daily rewards for holding USDe in their accounts that automatically air-drop to their spot accounts!

This integration allows for better liquidity as it builds asset use cases for USDe, and increases interest from investors in the entire Hyperliquid crypto ecosystem.

Bullish Setup: HYPE/USD Forms Ascending Triangle with $33–$35 Target in Sight

HYPE Coin recently completed a strong V-shaped recovery and is now forming an ascending triangle—a bullish chart pattern that often leads to breakouts. The main support zone sits at $17.5–18.0, which has held well during past dips. The key resistance zone is $26–28, and this is the level to watch for a breakout.

A Fibonacci retracement drawn from the previous high ($35) to the recent low ($10) shows that $26–28 also lines up with the important 0.618–0.786 Fib levels—making it a critical barrier where many traders expect a reaction.

The chart also shows a neckline breakout, a positive sign that buyers are in control. The 20/50 EMA lines have crossed upward, confirming a bullish setup, and the RSI is around 66, which shows good momentum but not overbought yet. The MACD also supports the bullish trend.

If HYPE can close above $26–28 with strong volume, the next target is around $33–35, its previous all-time high. Based on the current pace, this move could happen in the next 4–6 weeks.

Liquidity & Liquidations: How On-Chain Data Confirms HYPE’s Breakout Potential 

Volume Surge: Confidence Rebuilding

HYPE’s on-chain volume tells the story of a market regaining strength. After its big run earlier this year, volume cooled to around $2.39B by April 5, showing a pause in trader interest and liquidity as price corrected.

But by May 6, daily volume jumped back to $5.27B—marking a strong resurgence of participation. This confirms that the current uptrend is supported by real buying power, not just a weak technical bounce.

Liquidation Heatmap: Historical & Current Pressure Zones

The liquidation map shows how traders have been positioned. During past corrections, especially after its all-time high, HYPE saw heavy long liquidations between $50K–$82K BTC equivalent, with a peak of 886 BTC liquidated at $82K.

These events reveal where bulls were forced out, marking danger zones in bearish scenarios. Now, the tables are turning: shorts are heavily stacked between $103K–$142K, with recent spikes (e.g., 722 BTC at $103K) showing that many are betting against further upside.

If HYPE Coin clears the $26–28 resistance, these shorts could get squeezed fast—likely triggering a surge toward the $33–35 ATH area.

The post Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35? appeared first on Coinpedia Fintech News
Key Highlights: HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%. Recent technicals show a well-formed ascending triangle pattern, with resistance at $26–28 and a breakout target around $33–35. On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed …