Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL?

Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL?

Solana price seems to be gearing up for a recovery after crypto investment firm Galaxy Digital sold Ethereum and purchased $98M worth of SOL. This purchase has sparked optimism that the Solana price can rally past $200, but a bearish formation in the SOL/BTC chart suggests that bearish headwinds are still at play. 

Galaxy Digital Swaps ETH With SOL – Can Solana Price Hit $200? 

According to a recent X post by Lookonchain, on-chain data shows that Galaxy Digital is selling Ethereum while accumulating Solana, suggesting that a strong price move is on the horizon. In the last two weeks, this entity has sent $105M ETH to Binance and withdrawn $98M SOL from the exchange. 

Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL?
Lookonchain

This activity shows that the crypto investment firm is bearish on Ethereum, while being bullish on the SOL value today despite the altcoin’s recent struggles to bounce past the resistance level of $140. The optimism has investors wondering whether the Solana price may hit $200 soon as more whales accumulate. 

Data from Solscan shows that a newly created Solana wallet has withdrawn 44,116 SOL valued at more than $6M and staked the tokens. As SOL staking activity picks up, it reduces the altcoin’s supply, which then bodes well for the price if demand also rises. 

Meanwhile, Santiment revealed that the level of positive sentiment towards SOL has increased significantly in the last two days, which is also a sign that many traders are bullish about the altcoin. This coincides with an X post by analyst CryptoCurb who noted that a Solana cycle is looming

Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL?
Solana Positive Sentiment

As institutions accumulate when the level of SOL staking is high and the market sentiment is highly positive, it signals a bullish Solana price prediction and that the token might soon surge past $200. However, there are several obstacles that SOL needs to clear before making such an upswing. 

Analyst Identifies Bearish Pattern on SOL/BTC Chart 

Despite the bullish on-chain data, Solana price seems to be underperforming relative to Bitcoin, which recently surged to a three-week high above $88,000. Bitcoin trader Tuur Demeester has observed that SOL/BTC has lost support at around $0.0020, suggesting that SOL is poised to continue underperforming against BTC. 

The analyst also observed that the last time the SOL/BTC trading pair lost critical support, it plunged by 82% within one year. If history rhymes and this trading pair falls by 82% from the current support, it might plunge to a record low of 0.00036. 

Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL?
SOL/BTC

In conclusion, Solana might clear key levels as accumulation by institutions, a spike in positive sentiment, and staking activity indicate that a rally past $200 is looming. Despite these bullish metrics, the SOL/BTC pair is dropping after losing a critical support level, which suggests that Solana price might continue to underperform against Bitcoin. 

The post Can Solana Price Hit $200 As Galaxy Digital Replaces ETH With SOL? appeared first on CoinGape.

European Central Bank Claims Trump’s Crypto Push to Impact Europe Economy

European Central Bank Claims Trump's Crypto Push to Impact Europe Economy

The European Central Bank (ECB) has recently taken the stage to warn against Trump’s crypto push, claiming it could stifle the European economy. Primarily, the ECB has questioned whether the current MiCA regulations are ample enough to cushion the blow caused by financial spillover effects due to Trump’s support for cryptocurrencies.

However, the European Commission has dismissed the central bank’s alarming remarks, deeming it to be an overexaggerated concern. In turn, the Commission has argued that the ECB itself misunderstood the EU’s rules, sparking a flurry of discussions nationwide.

European Central Bank Claims Trump’s Pro-Crypto Push Can Impact Europe’s Economy, Commission Says Otherwise

According to a recent Politico report, the European Central Bank and Commission are tussling over whether the current MiCA regulations are enough to negate the blow caused by Trump’s pro-crypto usher. While the ECB thinks that America’s pro-crypto stance could risk causing financial “contagion” and blow up Europe’s economy, the Commission is in a snub.

The Commission primarily believes that the current MiCA regulations, which were introduced in 2023, provide sufficient safeguards that could mitigate potential losses caused by Trump’s pro-crypto push. While the ECB argued that legislative changes are a must, the EC took a contrary stand on the matter.

What’s The Point Of Contention?

CoinGape found that the point of contention remains about the potential challenges that Trump’s USD stablecoin expansion saga could bring into the Eurozone, negatively impacting its financial sovereignty. A majority of the stablecoin projects are denominated in American dollars, risking the nation’s traditional currencies.

To mitigate such risks, the ECB looks forward to making some legislative changes to the MiCA regulations. However, the EC believes that the current set of standards is enough to reduce the risk of foreign currency pegged stablecoins. As a result, both parties ended up in a squabble surrounding the impact of Trump’s crypto push on Europe’s economy.

The scuffle initially kicked off on April 14, when top EU government officials held discussions over the risks of US crypto assets on the nation’s financial stability. The European Central Bank’s claims were primarily dismissed by EU officials and most governments in the end.

However, it’s worth pointing out that the central banking authority cannot be seen completely wrong, as it has always pushed for the betterment of traditional and digital assets in Europe. Intriguingly, CoinGape recently reported that the ECB advanced with digital Euro plans to counter U.S. stablecoins, another move to preserve financial sovereignty.

The post European Central Bank Claims Trump’s Crypto Push to Impact Europe Economy appeared first on CoinGape.

What Comes After the Noise: A Call for Meaningful Blockchain Innovation

The cryptocurrency space is no longer booming with the same noise. After years of hype cycles and headline-grabbing surges, 2025’s so-called “bull run” is failing to meet expectations. Economic headwinds, regulatory pressure, and reduced retail participation have cooled the market. Liquidity is tightening. Attention has shifted elsewhere. The din that once surrounded crypto has dulled into a quieter, more reflective moment.

For the better part of a decade, blockchain innovation was defined by spectacle. Speculation became the business model. Projects raced to capitalise on virality. Memecoins rose and fell with astonishing speed, generating massive returns for a few and confusion for everyone else. Beneath it all, there were builders with a different vision, those trying to use this technology for more than fleeting value. But their efforts were often drowned out by the roar of markets chasing the next pump.

Now, as the tide recedes, the shortcomings of that era are plain to see. Many projects had no meaningful use case. Even those that pointed toward real-world utility – DAOs, DeFi, NFTs -often failed to mature beyond early experimentation. Governance mechanisms lacked teeth. Infrastructure remained incomplete. In some cases, user engagement dwindled as the novelty wore off and long-term viability failed to materialise. It has left the industry with a credibility gap, and a reckoning.

Yet this moment also presents an opportunity. The speculative layer that once dominated attention has thinned, leaving space for substance. What’s emerging is not a collapse but a reset. A chance to realign blockchain innovation with real-world impact. The next evolution of crypto will not be defined by entertainment or artificial scarcity, but by usefulness. By systems that solve problems, coordinate action, and create lasting value.

This shift is already underway. Regulation is forcing a higher standard. Institutions are becoming more discerning. Communities are demanding transparency and utility. The market is evolving from one driven by hype to one shaped by application. That doesn’t mean the energy is gone, it just means the rules are changing.

To move forward, the industry must stop asking what will go viral and start asking what will endure. That means designing protocols that are built to last, not just built to launch. It means giving governance real structure, with accountability and clarity. It means aligning token economies with incentives that support users and communities over time, not just early speculators. And perhaps most importantly, it means integrating blockchain into real-world systems rather than operating in isolation.

There are already signs of progress. Projects are emerging in infrastructure, regenerative finance, decentralised science, and commodity-backed ecosystems. These are areas traditionally underserved by both capital and coordination. Some are experimenting with new models for local ownership and community governance, using blockchain to formalise systems that were previously informal or extractive. These may not be the loudest stories in the space, but they are arguably the most important.

The tools now exist to create decentralised structures that actually function. These are systems where decisions are made transparently, value flows can be tracked, and outcomes are measurable. But this requires more than code. It requires discipline, legal interoperability, regulatory foresight, real partnerships, and long-term thinking. In other words, the ability to build not just technologies but systems.

That is the real test ahead. Can blockchain move from the margins of speculation to the centre of meaningful coordination? Can it deliver financial inclusion, resource governance, or institutional resilience in ways legacy systems have failed to do? The answer lies not in the next trend but in the next ten years of committed, structured innovation.

This is not a romantic ideal; it is a necessity. Many of the world’s most critical systems, from land ownership to energy access to clean water, remain inefficient, inequitable, or entirely absent. These are domains crying out for better governance. Blockchain is not a silver bullet, but it does offer a new grammar for decision-making. When combined with real-world expertise and institutional-grade delivery, it can unlock systems that are more transparent, participatory, and accountable.

Of course, the speculative side of crypto will not disappear. Nor should it. Speculation is part of any emerging technology’s lifecycle. But the dominance of speculation must end. If Web 3.0 is to fulfil its potential, it must prove its relevance where it matters most — in the everyday lives of people, in the infrastructure of economies, in the regeneration of systems we rely on. That is where credibility will be won.

The good news is that the builders who remained through the noise are still here. They are launching projects in challenging jurisdictions. They are working through regulatory hurdles and building bridges between on-chain governance and off-chain enforceability. They are not promising the moon. They are rolling up their sleeves.

This is what comes next. Quietly, but with intent, a cohort of serious actors is shifting the blockchain narrative from disruption to integration. From fanfare to function. From tokens that entertain to systems that empower. Whether in agriculture, climate resilience, digital identity, or access to finance, this new wave of projects is less concerned with hype and more focused on legacy.

Among them is Kula, a governance-first blockchain platform focused on real-world commodities such as land, water, and energy, and their structured investment through decentralised systems. With projects underway in Zambia and Nepal, and others planned in Malaysia and beyond, Kula reflects the kind of long-term, compliance-aligned thinking this new era demands. It is one example of the shift now taking root: less noise, more impact.

The post What Comes After the Noise: A Call for Meaningful Blockchain Innovation appeared first on BeInCrypto.

Trump Media Teams Up with Crypto.com for ETF Push

The post Trump Media Teams Up with Crypto.com for ETF Push appeared first on Coinpedia Fintech News

Trump Media has joined forces with popular crypto exchange Crypto.com to launch new exchange-traded funds (ETFs) focused on Bitcoin and crypto assets. The agreement marks a major step into the financial markets for Trump Media, signaling growing interest in digital assets from mainstream players. The partnership aims to make crypto investing more accessible and trusted through regulated ETF products. It’s a clear sign that crypto continues to move closer to the financial mainstream.

The post Trump Media Teams Up with Crypto.com for ETF Push appeared first on Coinpedia Fintech News
Trump Media has joined forces with popular crypto exchange Crypto.com to launch new exchange-traded funds (ETFs) focused on Bitcoin and crypto assets. The agreement marks a major step into the financial markets for Trump Media, signaling growing interest in digital assets from mainstream players. The partnership aims to make crypto investing more accessible and trusted …

Heads Up: This Week Is Packed With Economic News and Altcoin Catalysts – Here Are the Top 5 Coins to Track Hour by Hour

XYZVerse

The post Heads Up: This Week Is Packed With Economic News and Altcoin Catalysts – Here Are the Top 5 Coins to Track Hour by Hour appeared first on Coinpedia Fintech News

This week holds significant events that could shake up the cryptocurrency market. Major economic news and developments are expected to create movements among various altcoins. Five specific coins stand out in this scenario. Monitoring these coins closely might reveal important shifts and opportunities as the situation unfolds hour by hour.

XYZVerse Sets a New Trend, Could This be the Next 50x Meme Coin?

The buzz around XYZVerse is real. As the first-ever all-sports meme token, it’s attracting both sports fans and crypto enthusiasts, creating a unique crossover that’s gaining serious traction. With a strong presale and an engaged community, some investors are already eyeing major potential gains.

More Than Just a Meme Coin

Unlike most meme coins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value.

Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.003333 by Stage 12, with over 70% of the $15 million milestone already raised. Investors who got in early have secured a steep discount, and with a final presale target price of $0.1, those numbers have people paying attention.

Still Time to Get in Before the Presale Ends

Bullish Mood on $XYZ

XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating $XYZ to grow.

XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster, who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.” Of course, in crypto, nothing is guaranteed, but the excitement is undeniable.

Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for $XYZ over time.

A Community-Driven Project With Big Plans

One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start—there are already talks with major sports celebrities to help boost visibility. By bringing together traditional sports fans and the fast-moving crypto space, XYZVerse is building something different—something with entertainment value and real engagement.

Could XYZVerse Be the Next Big Meme Coin?

With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever—so if you’re interested, now might be the time to take a closer look.

Join XYZVerse, the Next Moonshot Opportunity

Bitcoin: The First Decentralized Digital Currency

Bitcoin (BTC) is the original cryptocurrency introduced by Satoshi Nakamoto. It operates on blockchain technology, allowing direct transactions between users without intermediaries like banks. Bitcoin’s network uses a distributed ledger spread across many nodes, ensuring transparency and security. Transactions are verified through mining, where participants solve complex puzzles to validate and record operations on the blockchain. Miners are rewarded with bitcoins, and this process maintains the integrity of the system.

Every four years, the Bitcoin network experiences a “halving,” which cuts miners’ rewards by half. This mechanism controls the supply, aiming toward a maximum of 21 million bitcoins. The halving can impact mining profitability and network stability. In the current market cycle, Bitcoin remains influential due to its pioneering status and widespread recognition. Its decentralized nature and limited supply continue to attract interest from various sectors, reflecting its ongoing role in the evolving landscape of digital currencies.

Solana and SOL: A Scalable Blockchain Platform and Its Native Cryptocurrency

Solana is a blockchain platform designed for scalability, providing a foundation for decentralized applications (dapps). It competes with networks like Ethereum and Cardano but stands out through architectural choices that aim for faster transactions and flexible development options. Solana supports multiple programming languages, making it accessible to a wide range of developers. The platform avoids using sharding or second-layer solutions, focusing instead on building a high-capacity network that can handle significant activity.

SOL is Solana’s native cryptocurrency and is central to its ecosystem. It facilitates transactions, runs custom programs, and rewards network participants. The coin holds value as it underpins Solana’s operations, allowing users access to various projects on the platform. Given Solana’s focus on scalability and high performance, SOL may appeal to those interested in efficient blockchain solutions. Its capacity to host high-activity products and services without additional scaling layers positions it uniquely in the current market cycle.

Cardano (ADA): A Sustainable Blockchain for Smart Contracts

Cardano is a blockchain platform designed for smart contracts and decentralized applications. It uses a proof-of-stake mechanism called Ouroboros, which aims to be more energy-efficient than traditional proof-of-work systems. The platform is divided into two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contracts. This design allows for improved scalability and security.

The native cryptocurrency of Cardano is ADA, enabling users to store value, make payments, and participate in network staking. Cardano’s focus on sustainability and scalability sets it apart from other blockchain platforms. Its potential for high transaction processing capability and low fees may contribute to its appeal in the cryptocurrency market. The introduction of native tokens in March 2021 enhances its functionality for developers and users. The attractiveness of ADA in the current market depends on various factors that individuals may consider when evaluating this cryptocurrency.

Ethereum: A Proof-of-Stake Blockchain Advancing Smart Contracts and Scalability

Ethereum is a blockchain platform introduced by Vitalik Buterin in 2015. It pioneered smart contracts, allowing developers to build decentralized applications (dApps) across various sectors like finance, gaming, and more. Ethereum transitioned to a Proof-of-Stake consensus mechanism with the Merge in 2022, enhancing energy efficiency. Layer 2 solutions such as Arbitrum and Polygon have been developed to improve transaction speed and reduce costs. The platform also introduced ERC-20 tokens, widely used for governance, utility, and value storage within the ecosystem. Ether (ETH), the native cryptocurrency, is essential for transactions, staking rewards, and serves as a tradable asset.

Ethereum’s future developments aim to increase scalability and further reduce transaction fees through sharding. This approach divides the network to handle more transactions simultaneously, enhancing overall efficiency. Historical price trends of ETH have shown significant fluctuations, influenced by factors like network upgrades and market cycles. Predictions estimate the price could range between $2,700.31 and $6,580.53 in the coming years. Ethereum remains a central platform in the blockchain space, continuing to evolve its technology and expand its ecosystem, which maintains its significance in the current market landscape.

Conclusion

While BTC, SOL, ADA, and ETH are solid picks in this bullish market, XYZVerse (XYZ) distinguishes itself as the pioneering all-sport memecoin. Uniting fans of football, basketball, MMA, Dota 2, and more within its ecosystem, XYZ aims for an ambitious 20,000% growth, aspiring to outperform tokens like PEPE and MOG.

By blending meme culture with sports enthusiasm, it offers a unique platform for community engagement and benefits. Early adopters have the advantage of joining during the presale, potentially experiencing significant growth alongside the project. Emphasizing community autonomy, XYZ allows users to influence its direction and rewards active participation.

With a clear roadmap including GameFi integration and partnerships with sports media companies, XYZ seeks sustainable, long-term success. Positioned as the “G.O.A.T of all memecoins,” XYZ aims to become a cultural icon for both sports and crypto enthusiasts.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

The post Heads Up: This Week Is Packed With Economic News and Altcoin Catalysts – Here Are the Top 5 Coins to Track Hour by Hour appeared first on Coinpedia Fintech News
This week holds significant events that could shake up the cryptocurrency market. Major economic news and developments are expected to create movements among various altcoins. Five specific coins stand out in this scenario. Monitoring these coins closely might reveal important shifts and opportunities as the situation unfolds hour by hour. XYZVerse Sets a New Trend, …

Pol (MATIC) Price Prediction 2025 – 2030: Will MATIC Price Surge to $1?

Polygon Price Prediction 2024 - 2025

The post Pol (MATIC) Price Prediction 2025 – 2030: Will MATIC Price Surge to $1? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the Polygon coin is  $ 0.21819891.
  • The MATIC price could reach a maximum of $0.47181 in 2025.
  • POL price with a potential surge may reach a high of $4.94731 by 2030.

Notably, with Polygon’s latest migration of its native token from MATIC to POL, it has entered into its Polygon 2.0 roadmap. The latest road map highlights the evolution into a zkEVM system, complete with its network of application-specific blockchains. With this, POL will bring added utility to the network.

Moreover, with Polygon hovering close to its $0.215 mark, investors are curious about whether the Polygon price can rebound to $1. Will Polygon go up? And is Polygon a good investment?  

We bring our Polygon Price Prediction for 2025 – 2030 to explore the MATIC price prediction and answer such questions for you.

Table of contents

Overview

Cryptocurrency Polygon
Token MATIC
Price  $ 0.21819891 top gainer 2.88%
Market Cap  $ 0.00
Trading Volume  $ 1,217,344.7306
Circulating Supply  0.00
All-time High $1.29 Mar 14, 2024
All-time Low $0.1533 Apr 07, 2025

Polygon Price Prediction 2025

The MATIC price forecast for 2025 predicts a new all-time high formation with the large-scale adoption of Polygon 2.0.

With a potential high of $0.47181, the POL price is set to sustain the bull run. However, a short correction may reach a potential low of $0.11795, making an average of $0.29488.

Year Potential Low Potential Average Potential High
2025 $0.11795 $0.29488 $0.47181

Also, read our Ethereum (ETH) Price Prediction 2025-2030

Polygon Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 $0.18872 $0.47181 $0.75490
2027 $0.30196 $0.75490 $1.20784
2028 $0.48313 $1.20784 $1.93254
2029 $0.77299 $1.93254 $3.09207
2030 $1.23678 $3.09207 $4.94731

Polygon Price Action 2026

Anticipating further expansion, MATIC’s potential high for 2026 is projected to be $0.75490, while the potential low is estimated at $0.18872, resulting in an average price of $0.47181.

POL Price Prediction 2027

MATIC crypto can make a potential high of $1.20784 in 2027, with a potential low of $0.30196, leading to an average price of $0.75490.

Polygon Crypto Price Forecast 2028

As the POL price progresses, the potential high price for 2028 is projected to be $1.93254, with a potential low of $0.48313, resulting in an average price of $1.20784.

MATIC Coin Price Projection 2029

Polygon coin price potential high for 2029 could be $3.09207, while a potential low of $0.77299, with an average price of $1.93254.

Polygon Price Prediction 2030

With an established position in the market, MATIC’s potential high for 2030 is projected to be $4.94731. On the flip side, a potential low of $1.23678 will result in an average price of $3.09207.

Market Analysis

Firm Name 2025 2026 2030
CoinCodex $ 0.370506 $ 0.256666 $ 0.610569
Binance $0.185326 $0.194592 $0.236528

CoinPedia’s MATIC Price Prediction

Coinpedia’s price prediction for Polygon is bullish, suggesting MATIC crypto price may reach new swing highs and possibly surpass its all-time high in the coming time.

The Polygon Price Forecast 2025 predicts a swing high of $0.47181, with an average price of $0.29488.

Year Potential Low Potential Average Potential High
2025 $0.11795 $0.29488 $0.47181

FAQs

Is MATIC a good investment?

Yes, it is a profitable investment, but the digital asset should be under due consideration for the long term. 

How high can Polygon MATIC price go by 2025?

According to our MATIC price prediction, the altcoin could reach a maximum of $0.47181 by 2025. With a potential surge, the price could go as high as $4.94731 by 2030.

Is Polygon better than Solana?

While it is not a direct apples-to-apples comparison, as one is a layer-2 and the other is a layer-1.

How high can Polygon MATIC transactions go?

At its best, it can process 65,000 transactions per second.

Why Polygon is faster than Ethereum?

The major functionality of this altcoin is to enable the multichain Ethereum ecosystem. It provides a network that offers interoperability between previous and present infrastructure scenarios of Ethereum.

Can polygon hit $100?

The target of MATIC Price achieving $100 is possible over the next 18 years.

Has MATIC changed to POL?

Yes, MATIC has been upgraded to POL as the network token for Polygon.

MATIC
BINANCE

The post Pol (MATIC) Price Prediction 2025 – 2030: Will MATIC Price Surge to $1? appeared first on Coinpedia Fintech News
Story Highlights The live price of the Polygon coin is . The MATIC price could reach a maximum of $0.47181 in 2025. POL price with a potential surge may reach a high of $4.94731 by 2030. Notably, with Polygon’s latest migration of its native token from MATIC to POL, it has entered into its Polygon …

Bitcoin Now Hedge Against TradFi and US Treasury Risk, Says Standard Chartered | US Crypto News

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see what experts say about Bitcoin (BTC) amid prevailing market turmoil caused by Trump’s tariffs and broader macroeconomic events. BeInCrypto reported that the status of Bitcoin as a hedge against economic uncertainty is coming under scrutiny. Now this view is becoming increasingly tangled.

Bitcoin Price Closes In On $89,000 While Traditional Markets Slide

On Monday, the S&P 500 and Nasdaq extended their declines, while the US dollar index (DXY) also fell to a 3-year low. The turnout highlighted a divergence in performance between crypto and equities.

S&P500, Nasdaq, and US DXY price performances
S&P500, Nasdaq, and US DXY price performances. Source: TradingView

“Only 6 times since the 1970s have the DXY and SPX fallen together: 70s stagflation, Gulf War, Greenspan hikes, the dot-com crash, 9/11… Buyback window opens Friday for US corporates,” VanEck Head of Digital Assets Research Mathew Sigel commented on X.

The selloff in equities came amid heightened political tension and renewed concerns over the Federal Reserve’s (Fed) independence. President Donald Trump escalated his criticism of Fed chair Jerome Powell.

“Powell’s termination cannot come fast enough!” the President wrote on Truth Social.

The post followed earlier remarks hinting at Powell’s potential removal, an idea reportedly being reviewed by Trump’s economic advisors.

Trump also suggested the economy would slow unless interest rates were cut immediately. The bone of contention between Trump and Powell is that while the president pushes for interest rate cuts, the chair advocates a more cautious stance.

Market reaction was swift:

  • The Dow Jones Industrial Average plunged 971.82 points (2.48%) to 38,170.41.
  • Nasdaq Composite fell 2.55% to 15,870.90.
  • The S&P 500 dropped 2.36% to close at 5,158.20.

The so-called “Magnificent Seven” tech stocks were hit hardest.

  • Tesla sank 5.8%
  • Nvidia slid more than 4%
  • Amazon and Meta both dropped around 3%.
  • Industrial heavyweight Caterpillar also lost 2.8%.

Meanwhile, Bitcoin is bucking the trend, steadily approaching the $89,000 threshold while traditional markets slide. A decisive move above this level could see the pioneer crypto hit the $90,000 target highlighted in Monday’s US Crypto News briefing.

Bitcoin (BTC) Price performance
Bitcoin (BTC) Price performance. Source: BeInCrypto

Historically, Bitcoin’s performance has shown an inverse correlation with the DXY. This prompts speculation that a pivotal moment for the pioneer crypto may be on the horizon.

“The DXY has broken down to March 2022 levels. Bitcoin is back on the move,” highlighted analyst Ben Werkman.

BeInCrypto contacted Geoff Kendrick regarding the Bitcoin price outlook as traditional finance (TradFi) shows weakness. The Head of Digital Asset Research at Standard Chartered said Bitcoin’s resilience signals a shift in how investors perceive the digital asset.

In his opinion, the king of crypto is now increasingly seen as a hedge against risks in TradFi and US Treasuries.

“I think Bitcoin is a hedge against both TradFi and US Treasury risks. The threat to remove US Federal Reserve Chair Jerome Powell falls into Treasury risk—so the hedge is on,” Kendrick told BeInCrypto.

This sentiment aligns with a recent report when US 10-year treasury yields fell below 4%. The incident signaled a potential shift in Fed policy and sparked renewed interest in Bitcoin and other risk assets.

Sentiment is Improving for Crypto, Bitwise Europe Analysts Say

According to the Tuesday Newsletter from Bitwise Europe, the firm’s proprietary Cryptoasset Sentiment Index has flipped to a “slightly bullish” reading.

“At the moment, 8 out of 15 indicators are above their short-term trend. Exchange inflows and the BTC funding rate have both improved since last week,” Bitwise analysts noted.

Bitwise also noted a continued high correlation between Bitcoin and altcoins, which suggests that a surge in Bitcoin’s price could spill over to other tokens. According to the newsletter, around 20% of tracked altcoins outperformed Bitcoin over the past week.

On the TradFi side, Bitwise reported a marginal uptick in Cross Asset Risk Appetite (CARA), which rose from -0.59 to -0.43. CARA is the firm’s proprietary gauge of market sentiment across traditional asset classes.

While the CARA index is still subdued, it points to a modest rebound in risk appetite. This renewed interest aligns with Kendrick’s view that Bitcoin’s number one purpose in a portfolio is to hedge against risks to the existing financial system.

“Bitcoin’s number one purpose in a portfolio is as a hedge against risks to the existing financial system, due to its decentralized ledger, and this can play out via two routes, as private sector risks like the March 2023 SVB collapse and risks associated with the government sector, such as US Treasury risks,” Kendrick told BeInCrypto.

The Standard Chartered analyst said the current threat to the Fed’s independence via Powell’s potential replacement falls squarely into the second of these categories.

“In terms of what is measurable the current threat plays out via US Treasury term premium, which is now at a 12-year high, 10Y term premium,” he added.

Chart of the Day

Bitcoin vs DXY. Source
Bitcoin vs DXY. Source: TradingView

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company At the Close of April 21 Pre-Market Overview
Strategy (MSTR) $317.76 $323.82 (+1.91%)
Coinbase Global (COIN) $175.00 $176.70 (+0.97%)
Galaxy Digital Holdings (GLXY.TO) $15.38 $15.40 (+0.13%)
MARA Holdings (MARA) $12.29 $12.55 (+2.13%
Riot Platforms (RIOT) $6.29 $6.42 (+2.07%)
Core Scientific (CORZ) $6.39 $6.56 (+2.66%)
Crypto equities market open race: Finance.Yahoo

The post Bitcoin Now Hedge Against TradFi and US Treasury Risk, Says Standard Chartered | US Crypto News appeared first on BeInCrypto.

Paris Blockchain Week 2025 Wrap‑Up: 9,600 Attendees, 500 Speakers, and a Historic PSG × Matchain Reveal

Paris Blockchain Week 2025, Europe’s flagship blockchain and Web3 event, wrapped up its sixth edition at the iconic Carrousel du Louvre, once again raising the bar for global industry gatherings. With over 9,600 attendees from 95 countries, including 67% C-suite executives, this year’s event underscored the growing influence of blockchain across the broader tech and financial sectors.

More than 500 speakers took the stage, including major names like Charles Hoskinson (IOHK), Monica Long (Ripple), Adam Back (Blockstream), and Clara Chappaz (France’s Minister Delegate for AI & Digital Affairs), reflecting the event’s global reach.


Spotlight: PSG × Matchain Side Event – A Landmark Moment in Sports & Web3


One of the standout moments of the week took place outside the main conference venue at the iconic Parc des Princes, where Paris Saint-Germain and Matchain hosted a special side event announcing the launch of their Joint Innovation Studio.

BeInCrypto joined as the official media partner for this exclusive gathering, which brought together sports executives, blockchain leaders, and technologists to explore the future of decentralized identity, fan engagement, and Web3 innovation in sports.

  • Petrix Barbosa, CEO of Matchain, announced the initiative and celebrated Matchain’s award for Innovation of the Year, spotlighting their pioneering work in tokenized identity solutions.
  • Pär Helgosson, Head of PSG Labs, emphasized PSG’s continued push to integrate Web3 technologies into fan experiences and digital strategy.

The atmosphere at the stadium matched the ambition of the project, merging cutting-edge blockchain use cases with the passion and scale of global sports. As media partner, BeInCrypto provided exclusive coverage, interviews, and behind-the-scenes insights from this milestone event.


Exclusive Interviews with Web3 Leaders at Paris Blockchain Week

Throughout the week, the BeInCrypto team conducted high-level interviews with thought leaders and executives shaping the future of blockchain:

  • Aimann Faizz, Head of Business Development at CoinGecko
  • Alexandre Dreyfus, CEO of Chiliz & Socios.com
  • Mark Jennings, Head of European market at Gemini
  • Omri Ross, Chief Blockchain Scientist at eToro
  • Andrey Fedorov, Chief Marketing Officer and acting Chief Business Development Officer at STON.fi
  • Pierre Samaties, CEO of Dfinity Foundation
  • Alexis Yellow, Founder and Executive Chairman, Yellow
  • Robby Yung, CEO, Animoca Brands
  • Javier Rodriguez-Alarcon, COO, XBTO
  • David Prinçay, director, Binance France

Their insights touched on everything from decentralized finance and tokenized data to semantic identity and sports monetization via blockchain.


Industry Themes and Investor Highlights

A recurring message across the conference was the resilience of blockchain technologies amid economic uncertainty and regulatory transformation. Speakers like Charles Hoskinson and Monica Long emphasized blockchain’s foundational role in shaping future financial systems.

Regulatory spats between the USA and EU have sparked lively debates, with many nodding in agreement that MICA stands as a cornerstone for clearing up the crypto circus on one side of the Atlantic. Meanwhile, the tokenization of real-world assets has become the hot new trend on the block. Following the ETF bandwagon, it appears even the old-school financial giants are seeing tokenization as their golden ticket into the crypto world.

Meme coins, those oddballs of the crypto market, continue to hold their ground as a quirky yet surprisingly significant sector, even though the recent market dip has widened the rift between the staunchly “serious” Bitcoin advocates and the more colorful meme coin enthusiasts.

Beyond the buzz of tokenization, utility coins are tiptoeing back into the spotlight, though hitting a critical mass of users is proving to be a bit like herding cats – a major roadblock on their path to stardom.

As for the tech vanguards, security and scalability remain their pet peeves, with fresh solutions popping up left and right. The ongoing tug-of-war between achieving robust decentralization and actually making these solutions user-friendly continues to fuel fiery debates among the most tech-obsessed attendees at the event.

On the investor side, the “Start in Block” pitch competition attracted 1,000+ startups and 400+ investors, with €10 million in funding up for grabs. Meanwhile, side events like AgentX, Bitcoin Investors Day, and an exclusive VIP dinner under the Louvre Pyramid kept the conversations and deal-making going beyond the conference floor.


Global Coverage & Media Reach

With more than 400 journalists attending from top global outlets, media coverage of PBW 2025 reached unprecedented levels, reinforcing its role as a platform where narratives around innovation and regulation are actively shaped.


About Paris Blockchain Week

Held annually in Paris, PBW is one of the largest and most respected events in the blockchain calendar. The 2025 edition took place April 8–10 at Carrousel du Louvre, hosting over 400 speakers and creating more than 36,000 in-app meetings, making it a global epicenter for Web3 dialogue and partnerships.

For full coverage and visuals, visit www.parisblockchainweek.com

The post Paris Blockchain Week 2025 Wrap‑Up: 9,600 Attendees, 500 Speakers, and a Historic PSG × Matchain Reveal appeared first on BeInCrypto.

XRP Price Should Be Worth $5,800 Based on This Calculation, But It Isn’t, Here’s Why

XRP Price Should Be Worth $5,800 Based on This Calculation, But It Isn't, Here's Why

Bitcoin maximalist and popular crypto analyst Samson Mow has stated that the XRP price should be worth $5,800 for it to match the value of Bitcoin. Mow’s recent remarks come as BTC continues to outperform most altcoins, including XRP, as the latter struggles despite legal victory against the SEC and strategic acquisitions. In this article, we explore whether the Ripple price can realistically reach $5,800 and why this target seems unattainable. 

Samson Mow Pegs XRP Price at $5,800 – Here’s the Math 

While making his argument in an X post, Mow advocated for Bitcoin as the most ideal crypto investment, adding that altcoins such as XRP were not worth their current trading price. He added that an altcoin such as XRP needs to hit $5,800 to reach its true value. He attained this target by dividing Ripple’s current market cap by Bitcoin’s supply of 21 million coins. 

“Most altcoins take advantage of unit bias by utilizing a very high supply, so people can’t figure out what they’re buying. “XRP is only $2 but Bitcoin is too expensive at $85,000!” Unit bias is absolutely destroying the uninitiated.” 

Mow also noted that buying Ripple with the XRP value today of $2 is the same as buying a small fraction of Bitcoin. Therefore, in his view, a trader looking to invest in the crypto industry was better off purchasing BTC, which continues to dominate altcoins. 

Why $5,800 Is Not A Realistic Target For Ripple 

Mow’s calculation of an XRP target of $5,800 is not realistic, as this altcoin cannot achieve this price with the immense supply of 58 billion Ripple tokens. This is because if Ripple reaches $5,800 with this circulating supply, its market cap would soar to $336 trillion, which is 3x higher than the entire world’s GDP. Hence, this target price is not realistic and attainable. 

For XRP price to surge to $5,800 and offer the same investment value as Bitcoin per Mow’s thesis, it needs to lower this supply through events such as token burns. However, Ripple currently has a mechanism that adds 1 billion XRP tokens to the circulating supply every month. As the supply rises, it makes the $5,800 target unrealistic.  

Short-term Prediction for XRP Price 

XRP price is exhibiting several bullish signs on the daily price chart, suggesting that it may make an upward breakout from consolidation. The Bollinger bands are constricting as Ripple bounces to the middle band, a signal that buying pressure is building up, paving the way for a recovery. 

At the same time, the AO histogram bars are green despite remaining in the negative region. Traders should wait for a crossover of these bars above the zero line to confirm that a bullish momentum is now in play and that the Ripple price can extend its gains. 

If buyers step in now, XRP price faces the next resistance at $2.23, and if it is successful in breaking this resistance level, it will set the stage for an upward breakout to $2.73. Such a rally will pave the way for Ripple to reach all-time high levels. Meanwhile, the recent surge in Ripple network activity supports a bullish XRP price prediction. 

XRP Price Should Be Worth $5,800 Based on This Calculation, But It Isn't, Here's Why
XRP/USDT: 1-day Chart

To sum up, analyst Mow believes that XRP will only offer the same value as Bitcoin if the price can surge to $5,800. However, this price target is not attainable, as it would give Ripple a market cap of $339 trillion. Despite this target being unattainable, the daily price chart indicates that a Ripple price rally is looming in the near term as technical indicators show weakening bearish momentum.

The post XRP Price Should Be Worth $5,800 Based on This Calculation, But It Isn’t, Here’s Why appeared first on CoinGape.

Binance Sparks DeepBook (DEEP) Token Price Rally By 30% With This Update

Binance Sparks DeepBook (DEEP) Token Price Rally By 30% With This Update

Cryptocurrency exchange Binance has once again turned investors’ heads with its latest update on the DeepBook token. The centralized exchange giant announced that it is launching a USD-Margined perpetual contract for the abovementioned crypto this Tuesday.

DEEP coin’s price thus reacted by promptly extending its intraday gains to over 30%. DeepBook is a decentralized central limit order book (CLOB) built on Sui, with the protocol’s native token currently sitting at $0.1255 after witnessing gains.

Binance Launches DeepBook Perpetual Contract Triggering Bullish Move

Binance made an announcement on April 22 stating that it is launching the DEEPUSDT perpetual contract at 08:30 UTC. The platform’s massive user base can partake in this trade offering, enjoying up to 50x leverage while futures trading.

Primarily, the exchange has unveiled this new listing for its users as it looks to expand the choices offered on the platform, thereby magnetizing more market participants. In turn, the platform constantly cements its ranking as one of the top crypto exchanges across the globe.

The capped funding rate for DEEPUSDT perpetual contract was set at +2.00% / -2.00%. Further, the same pair will also be available for “Futures Copy” trading. This offering allows inexperienced traders to copy experienced traders’ investment portfolios to capitalize on returns, thereby paving the way for more market interaction with the asset.

CoinMarketCap’s data revealed that DEEP token’s trading volume also reacted positively, surging 1639% to $268.52 million. At the time of reporting, DeepBook’s price surged from a 24-hour bottom of $0.08707 to even hit $0.1827 briefly. This significant uptrend emerges in sync with Binance’s announcement, underscoring the exchange’s massive influence over an asset.

However, the announcement also notified users that the perpetual contract remains subject to changes based on market risk factors. Crypto market traders and investors are currently keeping the coin on their radars, awaiting clear signs about future actions before investing.

In another similar chronicle, CoinGape reported that Binance opened trading for Balance (EPT) crypto. However, EPT price has crashed nearly 73% despite major support from a CEX titan. In the wake of this saga, market participants exercise caution surrounding DEEP price prospects as well.

The post Binance Sparks DeepBook (DEEP) Token Price Rally By 30% With This Update appeared first on CoinGape.