Animoca Brands revenue climbs as AI cuts costs by 12%

Animoca Brands co-founder and executive chairman Yat Siu expects continued growth through 2025 due to a more crypto-friendly regime in the US.

Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase.

Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potential sales based on contracts not yet fulfilled. 

According to Animoca Brands, its Digital Asset Advisory (DAA) business accounted for $165 million in bookings in 2024, a 116% increase over the previous year. The company’s subsidiaries and incubated projects generated $110 million in bookings, while its investment activities contributed $39 million.

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Bybit asks DAO to return fees earned from hack transactions

ParaSwap DAO members were split, with some supporting the conditional return of the fees and others voting against the refund.

Bybit confirmed it was behind a proposal requesting that decentralized finance (DeFi) protocol ParaSwap return fees earned from swaps conducted by the Lazarus Group using digital assets stolen from the exchange.

On March 4, a proposal was posted on ParaSwap’s decentralized autonomous organization (DAO) forum asking to freeze and return 44.67 Wrapped Ether (wETH), worth almost $100,000, to a wallet address. 

The proposal initially attracted skepticism, with several DAO members calling for verification before advancing the proposal. Bybit shared a verification post on its official X account on March 5, confirming that it was behind the proposal to return the funds. 

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Multisig cold wallets: How secure are they really?

Multisig cold wallets are highly secure but not immune to attacks, as demonstrated by incidents like the February 2025 Bybit hack, emphasizing the need for additional precautions.

Multisignature (multisig) cold wallets are often considered one of the safest ways to store digital assets, providing an extra layer of protection against theft. However, even these advanced security measures are not infallible, as demonstrated by the February 2025 Bybit hack.

Before diving into their security, let’s break down what multisig cold wallets actually are.

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Ripple ‘should act in its own interest’ when selling XRP — Ripple CTO

“Ripple can, will, and should act in its own interest,” said David “JoelKatz” Schwartz in response to criticism regarding the firm’s XRP sales.

Ripple Labs is free to sell XRP tokens to raise operational capital, according to comments from the company’s chief technology officer. His remarks have sparked concerns among cryptocurrency investors.

“XRP isn’t a security because Ripple doesn’t actually owe you ‘utility’ or anything else,” Pierre Rochard, vice president of research at Riot Platforms, wrote in a March 5 X post.

“They are free to dump on you and you have no right to do anything about it other than join them in dumping XRP,” Rochard said, cautioning that investors are “not investing in Ripple,” just “getting tokens created out of thin air dumped on you.”

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Ethereum’s Pectra Upgrade: ETH Drop Below $2K Could Wipe Out $700M!

Ethereum’s Pectra Upgrade

The post Ethereum’s Pectra Upgrade: ETH Drop Below $2K Could Wipe Out $700M! appeared first on Coinpedia Fintech News

Ethereum’s long-awaited Pectra upgrade has taken a big step forward with its launch on the Holesky testnet. This upgrade brings key improvements for validators, wallets, and layer-2 scaling. Developers can now test these features before they go live on the Ethereum mainnet.

Ethereum’s Pectra Upgrade In Progress

Ethereum developers have been working on Pectra for months, and its activation on Holesky at epoch 115,968 marks a crucial step. The Sepolia testnet already adopted the upgrade at epoch 222,464 on March 5

Now, with both test networks testing the changes, Ethereum developers are expected to decide on a mainnet launch date soon.

Meanwhile, Pectra follows the Dencun upgrade, which was released in March 2024 and helped lower transaction fees for layer-2 networks. Unlike Dencun, which focused on reducing costs, Pectra introduced new features to make Ethereum accounts more efficient and improve staking.

Key Features of Pectra Upgrade

Pectra is one of Ethereum’s biggest upgrades since 2024, bringing 11 major improvements known as Ethereum Improvement Proposals (EIPs). Among them, two stand out:

  • EIP-7251: This proposal increases the maximum staking limit from 32 ETH to 2,048 ETH, allowing large validators to manage their stakes more efficiently.
  • EIP-7702: This feature allows wallets to temporarily act as smart contracts, enabling users to pay gas fees with stablecoins, set up automatic payments, and recover wallets without needing seed phrases.

With these changes, Ethereum aims to provide a smoother experience for both validators and everyday users.

Ethereum Drop Below $2K Could Trigger $700M Liquidation!

While the Pectra upgrade promises major improvements, but its price remains stuck in consolidation. A breakout could happen if a strong rally occurs during the March 7 Crypto Summit, followed by a dip that forms a solid bottom.

For Ethereum to gain momentum, it needs to retest the $2,600 and $2,700 resistance levels and then face a pullback after the event. If ETH drops into the $1,600–$1,700 demand zone, it could trigger a buying opportunity, especially with the Relative Strength Index (RSI) nearing oversold levels.

Meanwhile, data from CoinGlass shows that a 2.6% dip below $2,154 would trigger $298 million in long liquidations. A bigger drop below $2,107 and $2,049 could wipe out $582 million and $705 million in positions. 

Overall, an 8% decline could lead to liquidations exceeding $700 million, adding more pressure to ETH’s price.

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Markets Gaining Momentum Ahead of the White House Crypto Summit: Here’s What to Expect from Bitcoin Price This Week

Big News Trump to Headline White House’s Historic Crypto Summit on March 7

The post Markets Gaining Momentum Ahead of the White House Crypto Summit: Here’s What to Expect from Bitcoin Price This Week appeared first on Coinpedia Fintech News

The crypto markets are recovering after experiencing bloodshed across the streets for a while. In the meantime, Bitcoin rebounds and reclaims levels above $90,000, flashing bullish signals for the upcoming price action. The lesser clarity on the crypto strategic reserve was speculated to have raised concerns, which has kept the price resitructed within a range. However, in a big announcement, the tables have turned for the BTC price rally, which is expected to remain elevated and reach $95,000 soon. 

Ever since Donald Trump announced the creation of a crypto strategic reserve with the top cryptos like BTC, ETH, XRP, and ADA, the traders have become bullish on these cryptos. However, the President is about to take a step further and reveal the Bitcoin strategic reserve in the first ever crypto summit hosted by the White House. Soon after this, Bitcoin locked in its higher low and charged towards the range lows again. 

Now, all eyes lie on reclaiming a pivotal resistance, which may make things better once that’s done. 

The short-term price action of Bitcoin suggests the price has rebounded from the local lows and is believed to rise and reach the local highs. The stochastic RSI has rebounded from the lows and is heading towards the upper threshold. Besides, the conversion line of the Ichimoku cloud has triggered a bullish divergence, which suggests the price may continue to rise and reach the interim resistance at $91,320. 

In the meantime, the bears have begun to exert significant pressure over the token, but the bulls appear to have held a tight grip over the rally. As a result, the BTC price is expected to keep up the momentum until Friday. However, after Donald Trump’s announcement on the Bitcoin strategic reserve, the price is expected to witness a huge bullish push, which could keep up the bullish trend and regain the lost levels. 

XRP Price Prediction 2025, 2026-2030: Will Trump’s Strategic Crypto Reserve Send XRP Above $10?

price prediction xrp(xrp)

The post XRP Price Prediction 2025, 2026-2030: Will Trump’s Strategic Crypto Reserve Send XRP Above $10? appeared first on Coinpedia Fintech News

Story Highlights

  • The XRP Price LIVE:  $ 2.49234007.
  • The XRP price could hit a high of $3.99 in 2025.
  • In major XRP News Today, Ripple president backs RLUSD and XRP Ledger.

Ripple’s XRP finally neared the long-awaited $3 mark after President Donald Trump



President

announced a new U.S. strategic crypto reserve that will include XRP and other digital assets.

Also, a number of SEC cases that had cast doubt on the future of leading cryptocurrency companies have been dropped, giving hope for a favorable outcome in the Ripple vs SEC lawsuit. Amid this, Brazil’s securities regulator has approved the first spot XRP ETF, indicating a rising demand from institutions.

After the US SEC acknowledged an XRP ETF filing by Grayscale and the NYSE, top analysts are predicting that the XRP price might hit $10 if it gets approved. Considering all these positive developments, our XRP price prediction will explore the potential answers to questions such as “Will XRP reach $10 in 2025?” by providing short term and long-term Ripple (XRP) price prediction.

Overview

Cryptocurrency XRP
Token XRP
Price $2.46
Market Cap $141.02 billion 
Trading Volume $14.24 billion
Circulating Supply 57.94 billion XRP
All-time High $3.84 Jan 04, 2018
All-time Low $0.002802 Jul 07, 2014
24-hour high $2.95
24-hour low $2.43

XRP Price Today

XRP with a price tag of $2.4523 has been trading within a descending triangle, hinting at a potential breakout in the short-term. As per our XRP price analysis, a push above the immediate resistance at $2.5185 could lead to a breakout above the triangle to $2.6068. In contrast, a breakdown may cause a test of $2.2747, and in bearish circumstances, it may also drop to $1.9983. That being said, the ascending channel withi the triangle indicates a modest bullish momentum.

XRP Price Chart 05th March 2025
XRP Price Chart 05th March 2025

XRP Price Prediction 2025

A few factors will likely shape XRP’s market performance in 2025. The main factor that will decide XRP’s trend in 2025 is the conclusion of the Ripple vs SEC lawsuit. However, there’s more in store for XRP, as in a recent announcement, U.S. President Donald Trump had mentioned XRP being included in the newly formed U.S. Strategic Crypto Reserve.

Talking about efforts and progress being made at Ripple Team’s end, Monica Long, President at Ripple highlighted that RLUSD stable coin will serve as the basic necessity for the entire Ripple ecosystem. She mentioned how the Ripple blockchain network allows users to tokenize, store, move, and exchange assets. Another major highlight from the discussion was how Ripple’s open source code for the XRP ledger is contributing to the blockchain industry.

If things go in favor of Ripple, XRP price could surge to a maximum of $5.81 by the end of 2025. In contrast, if the lawsuit continues, XRP could remain under a narrow range with a potential low of $2.3. That being said, we can expect an average price of $4.89.

Year Potential Low Potential Average Potential High
2025 $2.3 $4.89 $5.81

Ripple (XRP) Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 5.6 6.25 8.64
2027 7.15 8.89 12.25
2028 11.3 14.11 16.53
2029 13.98 16.48 21.12
2030 16.92 19.87 26.97

XRP Price Prediction 2026

XRP price will likely witness a strong growth in 2026. There is a possibility that XRP can break through the $8.64 level and hold the price by the end of 2026. The minimum XRP price will be around $5.6, with an average trading price of $6.25. This could be a result of Ripple’s role in CBDC development and XRP’s rising institutional demand.

XRP Price Prediction 2027

By 2027, market analysts and experts predict that XRP’s price will range between $7.15 to $12.25. XRP price might record an average level of $8.89. The reason behind this surge could be due to Ripple’s increasing domination in the payment sector, accelerating XRP’s buying demand and utility.

XRP Price Prediction 2028

In 2028, Ripple could increase its use cases, including new dApps and announcements regarding XRP. This might boost the dominance of XRP as the second largest altcoin by market cap. We expect the XRP price to range between $11.3 to $16.53. The average trading price could be around $14.11.  

XRP Price Prediction 2029

Partnerships with multiple governments and wider adoption might strengthen XRP’s price in 2029. The altcoin might record a trading range between $13.98 to $21.12, with an average price of $16.48.

XRP Price Prediction 2030

The long-term XRP price prediction depends on Ripple’s ability to expand its offerings across the crypto market. If everything remains positive, XRP price could scale between $16.92 to $26.97. With that price range, the average tag could be at $19.87.

Ripple (XRP) Price Projection 2031, 2032, 2033, 2040, 2050

Based on historic price sentiments and XRP’s rising popularity, here are the long-term XRP price projections for 2031, 2032, 2033, 2040 and 2050.  

Year Potential Low ($) Potential Average ($) Potential High ($)
2031 24.83 29.44 34.94
2032 31.55 36.87 41.2
2033 35.61 42.25 47.81
2040 97.98 135.51 178.82
2050 219.34 331.47 525.69

Market Analysis

Firm Name 2025 2026 2030
Changelly $2.05 $4.37 $5.55
Coincodex $3.02 $2.35 $2.76
Binance $2.318 $2.434 $2.556
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KAITO Coin Make 22% Surge, Heading To $2.5?

KAITO Coin Make 22% Surge, Heading To $2.5?

The post KAITO Coin Make 22% Surge, Heading To $2.5? appeared first on Coinpedia Fintech News

Key Takeaways

  1. Kaito’s open interest has jumped 88.96% to $139.64 million, reflecting growing interest in the altcoin.
  1. The bullish volume signals that most traders expect further price recovery.
  1. Technical indicators on the 4-hour chart indicate $KAITO may be developing a bullish reversal pattern.

Kaito (KAITO) price surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges.Unlike the same week when it launched, Kaito token is part of today’s top gainers. In the last 24 hours, the price has reached $1.81 with a market cap of over $435 million.

KAITO Buying Pressure Surges

KAITO reached an all-time high of $2.92 days after the project airdropped tokens to qualified customers. In the last 24 hours, total Open Interest (OI) increased by 89% to approximately $140 million.

The total Open Interest (OI) is the value of all open positions in a contract. Because every trade involves a buyer and a seller, OI is always split 50/50 between longs and shorts.

It rises or decreases depending on the net open situation. A price increase combined with increased OI does not imply that there are more longs than shorts; rather, it indicates that buyers are more aggressive, which is a positive indicator.

Market Volatility and Bullish Momentum

On the 4-hour time frame, KAITO is forming a double bottom pattern at the $1.55 level, which is a significant bullish reversal pattern. The price has bounced back from the $1.55 support area, suggesting that bulls are fighting to defend lower levels. Nevertheless, the altcoin has stiff resistance at $2.028 indicated by the key indicators.

A break above $2.028 might initiate a rally toward $2.50 and $2.92 resistance levels.

Key Indicators Supporting Price Surge

The KAITO price chart is forming lower highs and lower lows, signaling a slight downtrend around $1.5536. The price may hold above $1.70, there is a chance of a reversal bounce towards $2.0.

Currently, it is approaching the 20-day moving average (BB Middle Band) of $1.90, which serves as modest resistance. The 50-day Simple Moving Average (SMA) around $2.02 is an important resistance zone. A breakout over this level could spark additional gains.

The price increase is accompanied by increased volume, reinforcing the positive trend. The $2.028 zone acts as immediate resistance, while a breakout could push prices toward $2.50, which is a 38% increase from the current price.

Crypto Market Crash: $800M Wiped Out as BTC, ETH & XRP Drop!

The post Crypto Market Crash: $800M Wiped Out as BTC, ETH & XRP Drop! appeared first on Coinpedia Fintech News

The crypto market took a sharp hit on March 4, losing $800 million in value as prices dropped. After briefly crossing $3 trillion, the total market cap fell 9% to $2.77 trillion, with trading volume also dipping 14% to $177 billion. Bitcoin, Ethereum, and XRP initially jumped after Trump announced plans for a U.S. crypto reserve, but the excitement faded quickly. New tariffs on Mexico and Canada added pressure, causing a market-wide sell-off and reminding investors how sensitive crypto remains to economic shifts. 

Whale Movements Surge After Trump’s Announcement

Interestingly, while the whole crypto is on bear more, large holders—commonly referred to as whales—began shifting vast amounts of crypto to exchanges. This came right after Trump announced his plans to include other crypto assets in the crypto reserve plan. According to CryptoQuant, hourly inflows of XRP soared to 193 million tokens, primarily from wallets executing transactions of over 1 million XRP each. Bitcoin inflows skyrocketed from a typical 500-1,000 BTC per hour to an astonishing 6,739 BTC. Meanwhile, Ethereum saw a similar pattern, with nearly 300,000 ETH sent to exchanges within a single hour.

Why Do Exchange Inflows Matter?

When institutional or large investors move assets to exchanges, it typically signals selling pressure. Most long-term investors keep their holdings in cold storage, meaning large transfers to exchanges often precede a sell-off. This massive inflow coincided with price swings across the market, indicating that traders likely took advantage of the Trump-induced rally to offload assets.

Bitcoin Demand in Decline—What’s Next?

CryptoQuant analysts noted that despite the short-lived price spike, real spot demand remains weak. Bitcoin’s apparent demand, a key metric tracking the balance between newly mined coins and existing supply, has been in decline since late 2024. This trend has pushed demand into contraction for the first time since September 2024, raising concerns about Bitcoin’s ability to sustain rallies.

Retail accumulation has also slowed since November, further reducing buying pressure. Without fresh capital entering the market, sustaining upward momentum in crypto prices will be difficult.

Can Trump’s Pro-Crypto Stance Revive the Market?

Trump’s support for crypto has created buzz about new rules and big investors jumping in, but the market’s reaction shows traders are still unsure. If more people don’t start buying, prices could have a hard time staying up, even with all the excitement around the U.S. crypto reserve plan. Now, investors are waiting to see if this move will bring long-term growth or just more price swings.

Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?

Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?

Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers. Speculation is rising over potential tax policy changes, including a rumored zero capital gains tax on digital assets. However, even with a presidential executive order, it would require approval from the House of Representatives. The altcoins price, including ETH, XRP, SOL, and ADA price has seen a price rebound over the past 24-hours with BTC gaining 5%.

The movement of Bitcoin, Ethereum, and XRP prices forward received a significant boost when Trump included these cryptocurrencies in his proposed strategic reserve plans. 

Cryptocurrencies Price Spikes: Are Altcoins Poised for More Gains Before Trump’s Summit?

Crypto market analysis has rebounded following recent market declines, pushing the total market cap up by 4.08% to $2.86 trillion. Altcoins have shown recovery, with Bitcoin gaining 4%, Ethereum 5%, and XRP 6%. Other top altcoins, including Solana and Binance Coin, have also followed the upward trend. This market movement comes ahead of the Trump Crypto Summit, set to take place in the on 7th March 2025.

Bitcoin Price Recovers 5%, Is $90k Level Next?l

Over the past 24 hours, the BTC price saw a 5% recovery, reaching $88,761. The BTC price bounced from the $81,529 support but faced resistance at $90,000.  With Bitcoin dominance is showing weakness.

The Relative Strength Index (RSI) stands at 53.97, signaling neutral momentum. A break above $90,000 could push BTC toward $100,000, while failure to hold gains may lead to another drop toward $84,000. Market volatility remains high.

Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?
Source: TradingView

ETH Price Eyes 30% Surge Ahead of Trump Crypto Summit

Ethereum price has surged past $2,200, gaining momentum from renewed market optimism. The digital asset secured support at $2,150, fueling expectations of a stronger rebound.  ETH recorded a 7% increase over the past 24 hours, now trading around $2,240.  

The price surge comes as the market anticipates a key crypto summit involving former U.S. President Donald Trump. If bullish momentum strengthens, Ethereum could climb toward $2,260, with further gains potentially pushing it to $2,500.  

Analysts suggest that sustained bullish activity may drive ETH above $3,000, marking a 30% rise. The rally highlights growing confidence in altcoins amid broader market recovery.

Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?
Source: TradingView

XRP Price Holds Key Support as Analysts Eye Surge to $222

Ripple (XRP) price is holding above a critical support trend, signaling a possible breakout. Analysts highlight its strong consolidation above Fibonacci 0.888, aligning with historical patterns. 

XRP’s next move could target $8.5 to $13, with a potential Fib 1.618 extension at $27. If history repeats, Fibonacci extensions suggest a possible range between $27 and $222.

Image

What Next for Altcoins?

If BTC holds key support levels, altcoins may continue their bullish momentum. A strong Bitcoin trend often signals increased confidence in the crypto market predictions. This could lead to price surges for major altcoins being the altcoins to watch.

Altcoins such as Solana, Binance Coin, Dogecoin, and Aave could see further gains. Investors are anticipating additional catalysts from the Trump Crypto Summit, which may shape the market’s direction in the coming weeks.

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