Analyst Reveal XRP Price Path To $5 as Ripple Vs SEC Lawsuit Ends

Analyst Reveal XRP Price Path To $5 as Ripple Vs SEC Lawsuit Ends

XRP price has exhibited a breakout above a descending trendline that has been in effect for the long-term indicating the possibility of another bullish run. Experts believe this is capable of thrusting up prices, with estimates pointing up to $5 target. This uptrend has escalated due to the recent ending of the Ripple vs SEC case that has had a massive impact on the XRP price.

XRP Price Signals Bullish Momentum Amid Ripple vs. SEC Lawsuit Resolution

After the news of the Ripple lawsuit conclusion, Analyst Dark Defender was quick to comment on how the Ripple token was affected. The crossing above the long-term descending trend is revealing the bulls’ forecasts. A strong green candlestick confirmed the breakout, signaling substantial buying pressure.

With this movement, Fibonacci retracement levels suggest strong support for further gains. Analysts anticipate XRP price will move past $3.40 and $3.78 before reaching the $5 target. The momentum shift follows a prolonged consolidation phase, aligning with the conclusion of the Ripple vs. SEC lawsuit, which has been ongoing for over five years.

XRP price
Source: X

Market analysts have outlined an Elliott Wave structure projecting a continued XRP price increase. According to this analysis, the asset is in an impulsive wave pattern, which suggests further gains. The breakout from the trendline supports the projection of a strong bullish phase.

The conclusion of the Ripple vs. SEC lawsuit has eliminated a significant barrier that previously restrained XRP’s potential growth.

Concerns Over Whale Accumulation and Leverage 

While the bullish outlook remains strong, analyst Ali Martinez pointed out concerns regarding the nature of the Ripple token rally. Data from Santiment suggests that large whale investors did not contribute to the price increase. The absence of substantial whale accumulation raises questions about the rally’s sustainability.

Further analysis indicates that open interest in XRP futures increased by $200 million, signaling a surge driven by leverage rather than organic buying. When leverage dominates price movements, the market may experience heightened volatility, leading to potential corrections.

XRP price
Source: X

Ripple Price Prediction 

The breakout above key resistance levels has sparked renewed interest in XRP price movements. Analysts remain optimistic about a potential climb toward $5, supported by technical indicators and the resolution of the Ripple vs. SEC lawsuit.

More so, a recent CoinGape report highlighted that the top altcoin might rally to $20 if the US SEC approves the pending 18 XRP ETF applications. This aligns with Amonyx’s prediction that institutional inflows from these ETFs could drive a parabolic surge in XRP’s price.

At the timing of writing this report, the altcoin was trading at $2.51, reflecting a 9% increase in the past 24 hours. Additionally, XRP’s 24-hour trading volume surged by 178.83%, reaching $9.74 billion, indicating heightened market activity.

The post Analyst Reveal XRP Price Path To $5 as Ripple Vs SEC Lawsuit Ends appeared first on CoinGape.

Kraken Closes In On $1.5 Billion Deal To Acquire NinjaTrader

Kraken Closes In On $1.5 Billion Deal To Acquire NinjaTrader

Kraken is reportedly putting the final touches to an audacious move to purchase futures trading giant NinjaTrader. The exchange is tying up loose ends in what could be one of the largest acquisitions by a cryptocurrency service provider.

Kraken Inches Toward Mega Deal To Buy NinjaTrader

According to a WallStreetJournal (WSJ) report, Kraken is in the final third of an ambitious plan to purchase NinjaTrader. According to the post, the deal is worth $1.5 billion and will see NinjaTrader become a subsidiary of the US-based cryptocurrency exchange.

Barring any eventualities, insiders say Kraken will announce the completion of the deal before the end of the week. While details are sparse, the move signals Kraken’s interest in dabbling in derivatives and crypto futures.

Kraken is seeking to expand its offerings but the exchange remains wary of regulatory challenges that could bedevil the plans. The US SEC just shuttered its Kraken case that sought to view the firm as a stock exchange.

To sidestep the regulatory hurdles, the purchase will allow the exchange to lean on NinjaTrader’s Futures Commission Merchant (FCM) license to offer its derivatives offering.

Kraken has the funds to see the deal through given impressive financial metrics for the exchange. The US-based crypto exchange racked in over $1.5 billion in revenue, doubling its profits over the last year.

Both Parties Have An Eye On Expansion

Apart from sidestepping potential regulatory hurdles, purchasing NinjaTrader will introduce Kraken to a new demographic. Launched in 2003, NinjaTrader has racked up over 1.8 million retail investors with the deal offering several perks for the futures trading company.

The move will see Kraken support NinjaTrader’s bid to enter the UK and Australian markets. Kraken’s EMI approval from the UK’s Financial Conduct Authority (FCA) may smoothen NinjaTrader’s entry into the UK.

The top crypto exchange has previously secured a MiFID license to offer crypto derivatives to EU-based traders. In line with its expansionist goals, the exchange reintroduced cryptocurrency staking service for US customers.

 

 

The post Kraken Closes In On $1.5 Billion Deal To Acquire NinjaTrader appeared first on CoinGape.

Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery

Trump's WLFI Buys $10M in Ethereum Despite Losses - Here's Why

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Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference.

Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event delivered key updates on the US Bitcoin Reserve and shed light on the government’s current approach to crypto regulation.

Could Be A Pre-recorded Message

The announcement comes after Bo Hines, Executive Director of the White House’s Council of Advisers on Digital Assets, spoke at DAS this week, hinting at plans to stockpile Bitcoin for a new strategic reserve. “It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines told the crowd on Tuesday.

Some reports suggest that Trump’s appearance at the event may not be live, with some sources hinting at a pre-recorded message instead. Regardless, this still marks a historic moment as the U.S. president is set to formally address a crypto conference.

Key Discussions

At the event, discussions will center on Bitcoin’s adoption by institutions, regulatory updates, and the future of the crypto market. Trump is expected to outline his administration’s next steps on Bitcoin.

FOX business journalist Eleanor Terrett also shared that multiple sources at the DAS Conference have clarified that President Trump is planning to livestream into the event either today or tomorrow to address the audience. 

https://twitter.com/EleanorTerrett/status/1902445688245321981

Top Lawmakers To Feature

The summit will bring together top lawmakers like Representatives Ro Khanna and Tom Emmer, along with industry giants like MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse. Michael Saylor will give a keynote speech and join a discussion with BTC historian Pete Rizzo. Bloomberg ETF analyst James Seyffart will moderate a panel with key players, including Robbie Mitchnick, Head of Digital Assets at BlackRock, and Giang Bui, Head of U.S. Equities & Exchange-Traded Products at Nasdaq.

Ripple-SEC Lawsuit Ends

In a remarkable update, Garlinghouse revealed today that the SEC has dropped its appeal in the XRP lawsuit, marking a major victory for Ripple and the crypto industry.

The crypto market has been showing signs of recovery this week, following a period of volatility. Besides, the Federal Reserve announced today that it won’t be making any immediate rate cuts. However, the central bank has plans for two rate cuts later this year, which could influence financial markets, including crypto.

The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News
Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference. Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event …

Is the Ripple Lawsuit Entirely Over? CEO Discusses Pending Cross Appeal

The post Is the Ripple Lawsuit Entirely Over? CEO Discusses Pending Cross Appeal appeared first on Coinpedia Fintech News

After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal.

Garlinghouse Reflects on the Long Fight 

In an interview with Bloomberg, CEO Brad Garlinghouse said “This has been a long battle. “But now, there is a lot more certainty for Ripple, and frankly, for me personally, because the SEC had sued me.” 

He revealed that the SEC has officially abandoned its appeal in the case, which had been ongoing since the lawsuit was filed in December 2020. Ripple scored a key victory in the summer of 2023 when Judge Torres ruled that XRP, the cryptocurrency at the center of the case, is not a security. This ruling marked a pivotal moment in the case.

The SEC’s Appeal is Dropped 

Despite the SEC’s withdrawal from its appeal, Garlinghouse clarified that the case is not entirely over. A cross-appeal is still pending, but the dynamics have shifted. “We go from being the defendant to the plaintiff,” he explained. “Now, we’re in the driver’s seat, deciding how we want to proceed.”

Ripple’s Legal Victory and the Industry’s Future

For Ripple, the outcome of this case is crucial not just for the company itself but for the broader crypto industry. Garlinghouse noted that Ripple had spent over $150 million defending the case, a legal expense not only aimed at protecting the company but also supporting the entire cryptocurrency sector. “It was important for the whole industry,” he said. 

Judge’s Ruling and Ripple’s Strategy 

Garlinghouse also commented on the broader implications of the case’s resolution, especially in terms of the legal status of XRP. “The SEC’s decision to drop its appeal is a significant moment,” he stated. “It’s clear now that the SEC likely regrets bringing the case in the first place, especially given the judge’s ruling.” However, some elements of the case are still unresolved, such as the $125 million civil penalty Ripple was ordered to pay. This fine is currently held in escrow, pending the final resolution of the case.

The $125 Million Fine and What’s Next 

Ripple has expressed interest in potentially reclaiming the $125 million fine, given that no investors were harmed in the process. “There was no investor harm, no investors lost money,” Garlinghouse remarked, suggesting that the penalty may be reconsidered as the case nears its conclusion.

The post Is the Ripple Lawsuit Entirely Over? CEO Discusses Pending Cross Appeal appeared first on Coinpedia Fintech News
After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal. Garlinghouse Reflects on the Long …

Can XRP Reach a New All-Time High As the Ripple Lawsuit is Over?

XRP is rallying after the SEC officially dropped its lawsuit against Ripple, triggering a 13% price surge in the past 24 hours. Strong technical signals and growing market participation are supporting the bullish momentum.

XRP’s network activity is also hitting record levels, with active addresses soaring to new highs. As traders digest the legal victory and positive market signals, XRP’s outlook is strengthening, increasing the chances of further upside in the near term.

XRP DMI Shows Buyers Are In Full Control

XRP’s DMI chart reveals a notable shift in momentum, with its ADX (Average Directional Index) rising to 20.4 from 15.64 following the news that the SEC is dropping its lawsuit against Ripple.

This increase signals a strengthening market trend, as the ADX tracks the overall strength of a trend without specifying its direction.

The recent surge suggests that the price action is gaining conviction, especially as the market digests the positive legal developments surrounding Ripple.

XRP DMI.
XRP DMI. Source: TradingView.

The ADX is often used alongside the +DI and -DI indicators, which help identify trend direction. Typically, an ADX above 25 confirms a strong trend, while values below 20 suggest a weak or range-bound market.

In XRP’s case, the +DI has jumped from 18.3 to 39, while the -DI has dropped from 19.63 to 12.97, indicating a clear bullish divergence.

This sharp rise in buying strength (+DI) combined with a weakening bearish signal (-DI) supports the idea that XRP is attempting to maintain and possibly extend its uptrend. If this dynamic continues, it could see further upside in the short term as bullish momentum builds.

XRP Active Addresses Are Reaching New Records

XRP’s network activity has been surging, with the number of 7-day Active Addresses reaching an all-time high of 1.19 million. This is a massive increase from the 237,000 recorded on February 27, marking an almost fivefold rise in just a few weeks.

The spike in active addresses signals that XRP’s blockchain is seeing heightened participation, whether from retail traders, institutional players, or speculative interest.

Such elevated levels of activity are rarely seen and could indicate growing attention and usage of the network.

7-Day XRP Active Addresses.
7-Day XRP Active Addresses. Source: Santiment.

Tracking the number of active addresses is crucial as it offers insight into the level of user engagement and real demand on the blockchain.

Generally, an increase in active addresses can suggest that more participants are transacting or interacting with the network, which often correlates with stronger liquidity and potentially higher price volatility. In XRP’s case, this record-breaking surge in activity could act as a bullish signal, hinting at growing interest and possibly renewed capital inflows.

While it doesn’t guarantee immediate price appreciation, such strong network participation could help support XRP’s price and reduce downside risk, especially if coupled with other bullish technical or fundamental factors.

Can XRP Reach $3 Soon?

Its EMA lines are currently pointing to a potential new golden cross forming soon.

Should this scenario unfold, XRP price may first challenge the resistance at $2.648. If buying momentum strengthens further, the price might push toward $2.99, potentially breaking above the barrier at $3.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView.

Conversely, a renewed downtrend could take shape if the bullish momentum fails to materialize and XRP’s price struggles to hold above its current range.

In this case, the key support level at $2.47 would become clear. A breakdown below this threshold could expose XRP to further downside risk, testing $2.21 and possibly driving it down to as low as $1.90.

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Pi Network Users Allege Bot Activity on CoinMarketCap Affecting Community Sentiment

Pi Network’s community sentiment poll on CoinMarketCap fell dramatically today, leading to allegations of bot activity. Negative votes swarmed the site’s poll, while other community ratings stayed positive.

However, there is no clear proof either for or against these claims. Pi Network has suffered criticism and price setbacks recently, and its supporters have swayed polls, votes, and ratings on multiple occasions.

Did Bots Sabotage Pi Network’s Community Sentiment?

Since its launch on February 20, Pi Network has seen more than its share of controversies. Critics have attacked its accessibility, governance, transparency, and more, and multiple governments have called it a scam.

Today, however, Pi supporters raised concerns about bot activity on CoinMarketCap after the token’s community sentiment plummeted:

“It looks like somebody is using bots to vote against PI. I am 99% sure this is not an organic poll. Over 1.94 Million votes is even bigger than the BTC vote. 77% of the PI community is bullish on CoinGecko. Why is it so different on CoinMarketCap?” a Pioneer asked on social media.

Specifically, this user noted that Pi’s community sentiment plunged 90% in less than a day and that this poll had more participants than Bitcoin’s.

Other platforms with a similar voting mechanism kept Pi’s rating steady, leading him to conclude that bot activity was involved.

Pi Community Sentiment Plummets
Pi Community Sentiment Plummets. Source: Moon Jeff

It’s very difficult to assess the veracity of these Pi Network bot allegations for several reasons. First of all, the token’s price has suffered dramatically this week.

Many users lost huge sums of Pi tokens after the KYC migration deadline, and massive investor sell-offs have triggered a price rout. Some of this negative sentiment may be genuine.

Additionally, it’s interesting that CoinMarketCap is the only platform involved in the Pi Network bot voting allegations. The firm refused to acknowledge Pi as one of the largest tokens by market cap, but it eventually relented.

Either the platform or its community could bear resentment towards Pi after these setbacks.

Furthermore, the community does have a reputation for vote brigading. Bybit’s CEO has repeatedly criticized Pi, and the token’s supporters review-bombed the Bybit app in response. They did a similar practice with Binance after the exchange delayed a Pi listing.

Ultimately, it seems very unlikely that disgruntled Pi supporters or committed haters spiked this poll without any bot activity. The negative votes came in absurdly fast, were isolated to one platform, and exceeded the votes for even the largest cryptoassets.

As of now, it remains challenging to find definitive proof either way.

The post Pi Network Users Allege Bot Activity on CoinMarketCap Affecting Community Sentiment appeared first on BeInCrypto.

Notcoin (NOT) Launches Not Games Amidst a Sharp Decline in TON Users

Open Builders, the team behind Notcoin, Lost Dogs, and Not Pixel, has announced the launch of Not Games in March. The project aims to revitalize the Notcoin (NOT) ecosystem by introducing games where players can earn tokens for free.

Open Builders revealed this plan at a time when interest in Telegram-based mini-games has dropped significantly, and TON’s user base has fallen to its lowest level in a year.

Notcoin (NOT) Seeks to Renew User Interest Through Not Games

In a press release shared with BeInCrypto, Open Builders clarified that Not Games is not a standalone game on Telegram. Instead, it is an interconnected gaming ecosystem that links multiple titles.

Within this ecosystem, Open Builders will introduce Game Profiles, shared inventories, and an in-game marketplace where players can trade with each other. This system gives the NOT token a broader use case, and it’s expected to transform the token from a simple tap-to-earn reward into a valuable asset within the gaming economy.

“Instead of fragmented tokenomics, Not Games will integrate NOT as the primary currency for purchases, upgrades, and rewards across all games. Every three weeks, the most skilled players will compete for rewards in NOT, ensuring a play-to-win experience, rather than a pay-to-win model.” – the Notcoin team told BeInCrypto.

Currently, Open Builders has already launched a game called VOID and confirmed that at least five more games are in development.

Tap-to-Earn and TON’s Shrinking User Base

Notcoin (NOT) gained massive popularity in 2024, driven by the tap-to-earn trend alongside projects like Hamster Kombat (HMSTR) and Yescoin, TapSwap, and Blum. Within the first six months of 2024, Notcoin attracted 35 million players.

However, Google Trends data indicates that interest in Notcoin has sharply declined and has nearly faded by 2025.

Notcoin Performance on Google Trends. Source: Google Trend.

Additionally, Tgstat data reveals that the Notcoin Community’s Telegram membership has dropped by nearly 2 million since the beginning of the year.

Even after NOT’s listing on Kraken in mid-February, its price only surged briefly on the listing day before continuing its downward trend, hitting new lows in 2025. This suggests that investor interest in NOT has faded.

TON Daily Active Address. Source: Artemis.

Moreover, Artemis data shows that daily active addresses on The Open Network (TON) have dropped from 2.4 million in October 2024 to just 130,000 at the time of writing.

The declining TON user base poses a major challenge for Notcoin (NOT) and its efforts to build a sustainable ecosystem.

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Hyperliquid (HYPE) Surges 15% as Indicators Signal Further Gains

Hyperliquid (HYPE) is showing strong technical signals across multiple indicators, with the token surging more than 15% in the last 24 hours. The platform continues to demonstrate impressive market performance, generating $47 million in fees over the past 30 days and outperforming major blockchain networks like Ethereum and Solana.

Technical indicators suggest a potential golden cross formation, meaning HYPE could test $21 or even $25.80 in the coming period.

Hyperliquid Revenue Places It Among Top Protocols In Crypto

Hyperliquid is currently one of the most successful protocols in crypto. Over the past 30 days, it has generated an impressive $47 million in fees and recently reached $1 trillion in perps volume.

While this places it behind major players such as Jito, Pumpfun, and PancakeSwap in terms of monthly revenue, Hyperliquid has surpassed significant blockchain apps and chains, including Solana, Ethereum, Raydium, and Phantom.

Selected Protocols and Chains Revenue. Last 24 hours, Last 7 Days, and Last 30 Days.
Selected Protocols and Chains Revenue. Last 24 hours, Last 7 Days, and Last 30 Days. Source: DefiLlama.

What makes Hyperliquid’s success particularly remarkable is that, unlike most other high-performing protocols that operate on established blockchain networks such as BNB, Solana, or Ethereum, Hyperliquid functions as its own independent chain.

With the exception of Tron, virtually all other major protocols rely on parent blockchains, whereas Hyperliquid has achieved its substantial revenue figures as a standalone entity.

Despite this impressive performance and unique positioning, HYPE has experienced considerable downward price pressure recently, trading below the $20 threshold for sixteen consecutive days, creating a notable disconnect between the protocol’s operational success and its market valuation.

HYPE DMI Shows Buyers Are In Control

The HYPE DMI (Directional Movement Index) chart shows promising momentum shifts, with the ADX (Average Directional Index) rising from 15.7 to 19, suggesting a strengthening trend conviction.

More significantly, the +DI (Positive Directional Indicator) has surged from 18 to 29.1, while the -DI (Negative Directional Indicator) has declined from 21.8 to 13.5. This crossover pattern, where +DI rises above -DI, typically signals a potential bullish reversal.

The increasing spread between these indicators and the rising ADX suggests that buying pressure is overcoming selling pressure, potentially setting the stage for HYPE to break above its recent sub-$20 trading range.

HYPE DMI.
HYPE DMI. Source: TradingView.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Readings above 70 are typically considered overbought, and below 30 are considered oversold.

HYPE’s RSI climbing from 54.5 to 66 indicates growing bullish momentum that hasn’t yet reached extreme levels. This uptick suggests strengthening buyer interest while remaining below the overbought threshold of 70.

HYPE RSI.
HYPE RSI. Source: TradingView.

The fact that HYPE hasn’t reached overbought levels since December 2024 implies there may still be room for price appreciation before any potential pullback.

Together with the DMI indicators, this RSI reading reinforces the possibility of continued upward movement in HYPE’s price in the near term.

Will Hyperliquid Rise Above $20 This Week?

The HYPE Exponential Moving Average (EMA) lines are converging toward a potential golden cross formation, which occurs when a shorter-term moving average crosses above a longer-term one.

This technical pattern typically signals a strong bullish momentum shift that could propel HYPE to test its immediate resistance level at $17. Should buyers successfully break through this threshold, the path would open for HYPE to climb toward the $21 mark.

In scenarios where exceptional buying pressure materializes, Hyperliquid could extend its gains to challenge the significant resistance level at $25.80, representing a substantial recovery from its recent sub-$20 trading range.

HYPE Price Analysis.
HYPE Price Analysis. Source: TradingView.

Conversely, if the anticipated uptrend fails to materialize and bearish sentiment prevails, HYPE could experience renewed downward pressure, forcing it to test the critical support level at $12.43.

The importance of this support cannot be overstated, as a breach below this floor could trigger accelerated selling, potentially pushing HYPE under the psychologically significant $12 level for the first time since December 2024.

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Top 3 BNB Meme Coins To Watch For the Last Week of March

BNB meme coins are gaining traction as the BNB ecosystem experiences a surge. PancakeSwap has been leading DEX volumes globally over the past seven days, surpassing both Raydium and Uniswap.

Among the top contenders making waves are Mubarak, Palu, and FairMint, each capturing significant attention in this fast-moving space. Mubarak is leading the pack with explosive early growth, while Palu is emerging as a potential flagship meme coin. Meanwhile, FairMint is positioning itself as a unique launchpad, aiming to become BNB’s version of Pumpfun.

Mubarak

Mubarak has quickly become one of the most talked-about meme coins in the BNB ecosystem over the past few days. Yesterday, its market cap briefly approached the $200 million mark before pulling back to around $112 million today.

The project surged onto the scene with remarkable traction, fueled by growing hype and speculative interest in BNB-based assets.

mubarak Market Info.
mubarak Market Info. Source: Dexscreener.

In just a short period, Mubarak has gained over 20,000 holders, recorded daily volumes of $66 million, and witnessed nearly 35,000 transactions per day. However, despite this initial momentum, the token is now undergoing a sharp correction, down 25% in the past 24 hours.

Even so, with the BNB ecosystem continuing to attract fresh capital and broader market attention, there is still potential for Mubarak to rebound and possibly retest its previous highs near the $200 million market cap level if buying interest returns.

Binance’s Palu (Palu)

As BNB meme coins continue to dominate the spotlight, several projects are competing to become the face of the ecosystem, much like Shiba Inu did with Ethereum and Bonk with Solana.

One of the contenders is Palu, a relatively new token launched just under six days ago. Palu has already attracted nearly 5,000 holders and reached a market cap of $864,000, slightly down from its recent high of almost $900,000.

The project is positioning itself to potentially fill the role of a flagship meme coin within the BNB chain.

Palu Market Info.
Palu Market Info. Source: Dexscreener.

Despite suffering a sharp 75% correction over the past 24 hours – a scenario not uncommon among meme coins across various blockchains – Palu is still maintaining solid activity, with daily trading volumes near $4 million.

If sentiment in the BNB meme coins sector stabilizes and Palu regains its momentum, the project could attempt to climb back toward key psychological milestones, with market cap targets of around $1 million and possibly even $2 million in the near term.

FairMint FAIR (FAIR)

FairMint is a newly launched BNB meme coins launchpad that has been live for less than three days.

Trying to differentiate itself from other platforms such as Pumpfun, FairMint introduces distinctive mechanics.

For example, it enables all users to mint tokens at the same price while also ensuring that 95% of tokens maintain liquidity at the mint price via single-sided liquidity provisioning.

FAIR Market Info.
FAIR Market Info. Source: Dexscreener.

Currently, FairMint has gathered close to 3,500 holders, boasts a daily trading volume of $11.7 million, and records over 24,000 transactions per day.

While Pumpfun has established itself as the leading launchpad on Solana, the BNB chain still lacks a dominant player in this niche.

If FairMint can sustain its strong early momentum and community engagement, FairMint could be poised to push toward market cap milestones of $5 million and potentially even $10 million in the coming days.

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Jerome Powell Speech: Fed Chair Break Silence on Inflation, Tariff War

Jerome Powell Speech: Fed Chair Break Silence on Inflation, Tariff War

Fed Chairman Jerome Powell gave his first speech after the Federal Open Market Committee (FOMC) decided to keep interest rates unchanged. Considering the current economic outlook, the Fed Chair noted that its policies are strong for now. Powell noted that the Fed will continue to watch inflation gauges for changes as part of its measures to maintain economic stability and stem inflation.

Jerome Powell Speech: Quantitative Easing Begins

As reported earlier by CoinGape, the Fed maintained interest rates at 4.5%. Powell stated in his speech that the inflation outlook is transitory with the Donald Trump-induced tariff in North America. 

Speaking on the inflationary trend, the Fed Chair referenced measures from the Bank of Canada to prevent the bloated surge in the price of goods owing to the tariff war. He said the US measures to tighten or loosen gauges to prevent inflation challenge the FOMC. However, he noted that the United States is not at the level where it will be concerned about the longer-term impact of the trade war.

Ahead of the March FOMC Meeting, the forecast to keep interest rates unchanged was resounding. However, speculations trailed the broader Quantitative Easing (QE) outlook. In line with this, the Federal Reserve Chairman has provided definitive guidance.

“The Committee will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25 billion to $5 billion,” outlining its measures to begin QE.

Jerome Powell said this year that the Fed will adapt based on the market outlook.

Tariff War and Economic Expectation

While the Trump administration has masked the market with tariff concerns, Jerome Powell said in his speech that this trend is partly to blame for the current inflation level.

However, he hinted that the tariff war does not influence all economic activity. He cited the service sector as insulated from this trade war. When asked about his take on Americans who are displeased with the inflation outlook, the Fed Chair said this displeasure is understandable since they are at the price level.

As part of the speech, the Chairman hinted at a possible 2-time interest rate cuts before the end of this year.

Market Reaction to Fed Chair Speech

The market’s volatility recently flipped bullish, drawing on broader economic indices. While keeping interest rates unchanged might help stabilize prices in the short term, lingering uncertainty remains a key headwind in the market.

As of writing, data from CoinMarketCap pegs the price of Bitcoin at $85,516.99, up by 4.30% in 24 hours. Altcoins like Ethereum, XRP, and Solana (SOL) also rallied by 7.61%, 11.85% and 7.11% within the same period.

Beyond the Fed Chair speech, the US SEC’s dismissal of the Ripple lawsuit created a short-term tailwind for the crypto market.

The post Jerome Powell Speech: Fed Chair Break Silence on Inflation, Tariff War appeared first on CoinGape.