This Week in Crypto: Bitcoin At $97,000, XRP ETF Talks, Sui Collaboration with Pokémon, and More

Several interesting developments happened this week in crypto, cutting across diverse ecosystems. Key highlights, however, centered on Bitcoin (BTC) and XRP ecosystems.

In case you missed it, here is a roundup of the top stories this week in crypto.

Bitcoin Tests $97,000

Starting the list of what happened this week in crypto, Bitcoin tested the $97,000 milestone for the first time since February 2025. However, as of this writing, the pioneer crypto pulled back shortly after and was trading for $96,731.

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

The pioneer crypto displayed significant volatility over the past several weeks and months, enduring most of President Trump’s tariffs. Trade chaos, ranging from temporary pauses and committed retaliations to de-escalation rumors, exacerbated the volatility.

However, amid these uncertainties, Bitcoin emerged as a hedge against traditional finance (TradFi) and US Treasury risks. Institutional interest in BTC has also grown, with Bitcoin ETFs (exchange-traded funds) recording increased inflows while Gold ETPs (exchange-traded funds) lagged.  

Sui Pokémon Collaboration Talks

Another key highlight this week in crypto concerned speculation of a possible collaboration between the Sui blockchain and Pokémon. Amidst these talks, the SUI price soared over 60% within the week.

These rumors sparked after a privacy policy update for Pokémon HOME featured Parasol Technologies, LLC, as a new developer. Parasol Technologies is a Web3 gaming infrastructure company that Sui’s developer, Mysten Labs, acquired in March 2025.

Nevertheless, changes in one of the circulating documents quelled the speculation, clarifying what had been a key driver for the SUI price this week.

“The official Sui Foundation blog confirmed (and removed) Pokémon NFTs. They seem to be developing a cloud infrastructure that uses blockchain technology to address bugs, hacks, and duping while enabling transfers between compatible games—something that is already possible with Pokémon Home,” another user highlighted.

Nevertheless, the correction did not quell speculation that Parasol may be involved in developing new features for Pokémon. 

SUI Price Performance
SUI Price Performance. Source: BeInCrypto

The SUI price has fallen almost 3% in the last 24 hours. As of this writing, it was trading for $3.47.

ProShares XRP ETF Rumors

Adding to the list of speculation this week in crypto, rumors spread that the US SEC (Securities and Exchange Commission) had approved a ProShares XRP ETF (exchange-traded fund).

However, BeInCrypto shut down these claims, articulating that the approval was for ProShares’ Leveraged and Short XRP Futures ETFs. ETF analyst James Seyffart also provided further clarity, deeming the allegations false.

“UPDATE: A lot of people posting/reporting that ProShares will be launching XRP ETFs on April 30th. We have confirmed that this is not the case. We do not have a confirmed launch date yet but we believe they will launch — and likely launch in the short or possibly medium term,” Seyffart explained.

ProShares launched three futures-based ETFs: the Ultra XRP ETF, the Short XRP ETF, and the Ultra Short XRP ETF. This development followed the launch of Teucrium’s 2x Long Daily XRP ETF in early April. 

ProShares’ XRP Futures ETF Sparked Optimism

Meanwhile, the approval of ProShares XRP futures ETF sparked optimism, inspiring sentiment that a spot XRP ETF would be next.

According to forecasts by industry expert Armando Pantoja, the move could lead to substantial capital inflow into the altcoin.

“A spot XRP ETF could be next, unlocking real demand and sending prices soaring. $100 billion+ could soon flood into XRP,” he wrote.

Pantoja recognized that the approval marked a significant turning point for the industry, expanding XRP’s investor base. 

This optimism came as ProShares XRP futures ETF had already attracted significant attention from Wall Street and institutional investors. 

The approval cleared the runway for the XRP ETF, granting Ripple’s token a regulated and accessible avenue for major financial players to engage. 

“Futures ETF = first domino. Spot ETF = the tipping point. XRP’s long-term setup just got way stronger,” Pantoja remarked.

Another analyst was more measured amid heightened optimism, noting that the futures ETF was not the game-changer many might expect. 

“It’s not the silver bullet that will trigger mass adoption or massive price action. The real catalyst will come when a Spot XRP ETF gets approved. Real tokens. Real demand. Real market impact,” John Squire posted.

SEC Delays XRP ETF Decision

To add to the list of developments in the XRP ecosystem this week in crypto, the US SEC delayed its decision on a prospective XRP ETF until June 17.

Before this news broke, crypto market participants awaited the final decision of XRP, Dogecoin (DOGE), and Ethereum staking ETFs. However, these were all put off.

“These dates are all intermediate and we will likely see final decisions on a lot of the crypto ETPs in Q4. For the XRP spot ETF, [I am] eyeing mid-October, around the 18th, as a final decision deadline. It’s possible the SEC won’t take all that time to make its decision, but a lot will hinge on how actively they engage on the applications,” Seyffart explained.

For now, over 70 active ETF proposals await the securities regulator’s verdict. XRP ETF’s June deadline is not final, but the commission could still enact further delays until mid-October.

Meanwhile, data from Polymarket shows that bettors see a 34% chance that the financial instrument will be approved by July 31.

XRP ETF approval odds
XRP ETF approval odds. Source: Polymarket

At the same time, they see a 79% chance this financial instrument will be approved by December 31 as of this writing.

The post This Week in Crypto: Bitcoin At $97,000, XRP ETF Talks, Sui Collaboration with Pokémon, and More appeared first on BeInCrypto.

Kraken Exposes North Korean Hacker Posing as Job Candidate in Bold Infiltration Attempt

Kraken, a prominent cryptocurrency exchange, has uncovered a sophisticated infiltration attempt by a North Korean hacker posing as a job candidate. 

The security and recruitment teams advanced the candidate through the hiring process. The aim was to study their strategies and gather crucial insights. 

How a North Korean Hacker Tried to Infiltrate Kraken

Kraken detailed the incident in a recent blog post on May 1. The hacker applied for an engineering role at the exchange, initially appearing as a legitimate candidate, allegedly named Steven Smith. However, several red flags emerged during the hiring process. 

“What started as a routine hiring process for an engineering role quickly turned into an intelligence gathering operation, as our teams carefully advanced the candidate through our hiring process to learn more about their tactics at every stage of the process,” Kraken noted.

The candidate used a different name during the interview and kept switching voices, suggesting coaching. They applied using an email linked to North Korean hackers. 

Moreover, the Open-Source Intelligence gathering (OSINT) investigation uncovered the candidate’s involvement in a network of fake identities.

“This meant that our team had uncovered a hacking operation where one individual had established multiple identities to apply for roles in the crypto space and beyond. Several of the names had previously been hired by multiple companies, as our team identified work-related email addresses linked to them. One identity in this network was also a known foreign agent on the sanctions list,” the blog read.

Additionally, technical inconsistencies in their setup, like using remote, colocated Mac desktops accessed via a VPN and altered IDs, pointed to an infiltration attempt. This information confirmed that the candidate was likely a state-sponsored hacker.

In a final interview with the candidate, Kraken’s Chief Security Officer, Nick Percoco, and some team members confirmed the company’s suspicions. The candidate’s failure to verify their location or answer questions about their city and citizenship revealed them as an impostor.

“Their job is to start employment to steal intellectual property, steal money from those companies, take home a paycheck, and do it in a widespread way,” Percoco told CBS about the hackers.

FinCEN Proposes Ban on Huione Group Over North Korean Ties 

Meanwhile, in another development, the US Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia-based Huione Group from the US financial system. The department identified Huione as a key facilitator for North Korean hacker groups, including those involved in cyber heists and “pig butchering” cryptocurrency scams.

“Huione Group has established itself as the marketplace of choice for malicious cyber actors like the DPRK and criminal syndicates, who have stolen billions of dollars from everyday Americans,” Secretary of the Treasury Scott Bessent said.

FinCEN accused the group of laundering over $4 billion in illicit funds between August 2021 and January 2025. According to the department, Huione’s network, including Huione Pay, Huione Crypto, and Haowang Guarantee, is a preferred marketplace for cryptocurrency criminals, offering services such as payment processing and an illicit online marketplace.

“Today’s proposed action will sever Huione Group’s access to correspondent banking, degrading these groups’ ability to launder their ill-gotten gains. Treasury remains committed to disrupting any attempt by malicious cyber actors to secure revenue from or for their criminal schemes,” Bessent added.

These incidents highlighted a pattern of North Korean cyberattacks on the cryptocurrency sector. In 2024, hackers stole over $659 million from crypto firms. 

According to a joint statement from the United States, Japan, and the Republic of Korea, North Korean hackers targeted the industry using tactics like social engineering and malware (e.g., TraderTraitor, AppleJeus). Additionally, North Korean IT workers were identified as insider threats to private sector companies.

Previously, BeInCrypto reports have highlighted the notorious Lazarus Group, a North Korean state-sponsored hacking collective’s involvement in Bybit and Upbit thefts. Moreover, hacker groups from the country were also behind the Radiant Capital hack and the DMM Bitcoin exploit.

In fact, recently, on-chain investigator ZachXBT uncovered significant North Korean involvement in decentralized finance (DeFi) protocols, with some of them relying on nearly 100% of their monthly volume/fees from the Democratic People’s Republic of Korea (DPRK).

The post Kraken Exposes North Korean Hacker Posing as Job Candidate in Bold Infiltration Attempt appeared first on BeInCrypto.

Bitcoin Price Prediction: BTC Eyes $145,000 Rally as Michael Saylor Launches Another $21B Plan

Bitcoin Price Hints Breakout As US Recession Odds Hits New Highs

Bitcoin price surged 3% on Thursday, climbing above $97,000 for the first time in two months. The rally was fueled by multiple bullish catalysts that reinforced investor confidence in BTC’s mid-term trajectory.

BTC price surges on ETF optimism and Saylor’s $21B push

Bitcoin (BTC) rose 3.4% this week, trading near $97,000 at press time. According to Coingecko data, Bitcoin price traded as high as $97,341, driving its market above $2 trillion for the first time since early March.

The BTC price surge followed news that 21Shares filed for a spot SUI ETF, helping restore regulatory sentiment.

BTC Price Action, May 1 2025
BTC Price Action, May 1 2025

This came just days after the SEC postponed decisions on seven altcoin ETF applications.

The new SUI filing suggests the delays are procedural, not signs of rejection, which reassured markets.

Strategy Files Published Q1 Financial Report, May 1, 2025
Strategy Files Published Q1 Financial Report, May 1, 2025

Adding to the bullish momentum, Strategy,  led by Michael Saylor unveiled Q1 results and a massive new investment plan.

Despite a $4.2 billion unrealized loss in Q1 2025 due to quarter-end BTC pricing, the company launched a $21 billion at-the-market (ATM) equity offering to buy more Bitcoin.

Strategy currently holds over 553,000 BTC at an average cost of $68,459. The firm also raised its 2025 BTC yield target from 15% to 25%, citing strong early-year performance.

Importantly, Strategy’s report highlighted a $12.7 billion accounting uplift from the switch to fair value accounting, boosting retained earnings. This marks a broader shift in corporate Bitcoin adoption, with over 70 public companies now holding BTC on their balance sheets.

Institutional momentum is now building on multiple fronts:

Renewed ETF activity, fair value accounting for corporate holders, and continued capital inflows. BTC’s sharp rebound above the $96,500-$97,000 zone confirms this bullish bias.

A weekly close above $97,000 could unlock the path to $105,000 in the near term, with some analysts projecting a move toward $145,000 by Q3 if macro tailwinds persist.

Bitcoin Price Forecast Today: BTC Targets $105,000 as RSI Signals Bullish Continuation

Bitcoin price is currently trading at $97,089, up 0.62% on the day, and poised to extend its rally toward $105,000. Price has broken decisively above the $90,000 resistance zone, with strong bullish continuation confirmed by the clean daily candle structure and rising volume.

Bitcoin price analysis | BTCUSDT
Bitcoin price analysis | BTCUSDT

The 50-day and 200-day simple moving averages (SMAs), shown in green and red, have flattened out but remain below current price, signaling that BTC has reclaimed long-term trend support with conviction.

Other Bitcoin price forecast signals also support this bullish thesis. The Relative Strength Index (RSI) at 70.49 has entered overbought territory, typically a warning sign, but in trend-confirming rallies like this one, it often reflects strong institutional interest rather than exhaustion. RSI continues to diverge positively from its 14-day moving average, currently at 65.08, echoing bullish signals.

A move above $98,000 would open a clean path to $105,000, while support now lies at the $90,000 and $86,000 levels. A sudden break below these would invalidate the current bullish structure, although such a pullback appears unlikely given BTC price resilience above the 100-day SMA (blue) and low sell volume near resistance.

The post Bitcoin Price Prediction: BTC Eyes $145,000 Rally as Michael Saylor Launches Another $21B Plan appeared first on CoinGape.

Two Prime Abandons Ethereum For Bitcoin, Tags ETH As A Memecoin

Two Prime Abandons Ethereum For Bitcoin, Tags ETH As A Memecoin

Investment advisor Two Prime is ditching Ethereum over its memecoin-like behaviour and underwhelming price performance. The SEC-approved firm says it will double down on Bitcoin (BTC) while conducting a post-mortem on Ethereum.

Two Prime Drops Ethereum Over Memecoin Behaviour

SEC-approved investment advisor Two Prime has called it quits with Ethereum following a raft of negative fundamentals and on-chain metrics. According to a company statement, the derivatives firm will focus its attention on Bitcoin, cutting ties with Ethereum after six years.

The firm operated Two Prime Lending, rising to become the second-largest lender for ETH and BTC-backed loans. Rather than dabble in other cryptocurrency-backed loans, Two Prime stuck with BTC and ETH, given their deep liquidity for institutional action.

After enjoying modest success with Ethereum for six years, Two Prime says it is moving away to focus on BTC lending. The press release reeled out a laundry list of reasons behind the company’s decision to ditch Ethereum for Bitcoin.

“ETH’s statistical trading behaviour, value proposition, and community culture have failed beyond a point that is worth engaing,” read the statement. “The risk-reward is simply unjustifiable at this point with BTC available as an alternative.”

Right out of the bat, Two Prime says ETH behaves like a memecoin rather than a predictable asset. The report notes that ETH displayed “multi-standard deviation moves” following a de-correlation from Bitcoin in Q1 2025. The Ethereum-to-Bitcoin ratio has sunk to its five-year low given ETH’s underwhelming price performance in 2025.

A Raft Of Reasons Behind The Company’s Decision To Ditch ETH

Apart from its memecoin behaviour, Two Prime notes that the Ethereum price has not flashed any signals of a rebound after the slump. The firm notes that investors are not buying the dip, demonstrating a lack of apathy for the largest altcoin.

Two Prime notes that Bitcoin ETF inflows have surpassed ETH by nearly 24 times, signaling a decline in institutional interest. Furthermore, the firm points to a shoddy business model that allows Ethereum layer 2s to snag a chunk of its monetization.

Rising competition from Solana and other emerging blockchains is taking a large chunk of Ethereum’s market share. Two Prime argues that Ethereum suffers from strong leadership and is a victim of its early success, but has failed to change with the times. An expert has warned that Ethereum is in danger if it does not scale by 100X in the next five years.

“The existing scale of the asset and the remaining upside of global adoption make BTC a far better risk-weighte investmen than ETH,” read the statement.

Two Prime’s decision to offload its ETH holding has seen prices tumble by nearly 2% since the announcement. Previously, Galaxy Digital has offloaded a portion of its ETH holdings to accumulate SOL, adversely affecting price performance.

 

 

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Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings

Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings

Tokyo-based Metaplanet is raising cash to fund its Bitcoin purchases via the issuance of ordinary bonds. The firm has raised 3.6 billion JPY (US$23 million) from the issuance, which it says it will deploy toward its BTC buying spree.

Metaplanet Issues Ordinary Bonds To Power Bitcoin Purchases

According to a disclosure on X, Metaplanet has issued 3.6 billion JPY ($23 million) in ordinary bonds to expand its Bitcoin cache. Per the statement, the raise has the consent of the Board of Directors, making it the 12th issuance of ordinary bonds for Metaplanet.

The new bonds will not bear interest and will be redeemable at face value at the end of October 2025. With the processes for issuance complete, Metaplanet says the purpose of the fund raise is to purchase more Bitcoin.

“The proceeds raised through this issuance will be allocated to the purchase of Bitcoin, in accordance with the stated use of funds,” read the statement.

Metaplanet is on a red-hot streak for BTC accumulation, reaching the 5,000 Bitcoin mark after buying 145 BTC in late April. Rather than rest on its laurels, Metaplanet is scouring for cash to add more Bitcoin to its stash, turning to bond issuance for funding.

At current prices, Metaplanet’s raise of $23 million can purchase around 250 BTC for the Tokyo-based company. Metaplanet has set a target of 10,000 BTC before the end of 2025, and an aggressive accumulation spree puts the firm on track to achieve its goal.

Is The Company Positioning For Even Bigger Bitcoin Purchases

MicroStrategy has its sights on increasing its Bitcoin holdings in the coming days, mirroring MicroStrategy’s moves. Early in the week, Metaplanet tapped David Bailey to join its Strategic Board of Advisors, teaming up with Eric Trump.

The company followed up with the launch of a new US  subsidiary, opting to set up shop in Florida. Metaplanet says the US launch will provide access to deeper institutional pools to power more Bitcoin purchases. Launched with a $250 million operating capital, the new US entity can purchase up to 2,777 BTC.

Metaplanet and Microstrategy have gained over $5.1 billion from their combined Bitcoin treasury strategy in 2025. However, Metaplanet has raked in $200 million in paper gains from its Q1 BTC accumulation, stoking enthusiasm for bigger purchases.

The gains follow the rise of Bitcoin price in recent days, with BTC inching toward $100K. Bitcoin has risen to $97K in a rally that sees BTC climb by over 4% in the last seven days.

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XRP Price Prediction: 85% Drop to $0.30 Possible, Analyst Warns

The post XRP Price Prediction: 85% Drop to $0.30 Possible, Analyst Warns appeared first on Coinpedia Fintech News

XRP is currently trading in the green at $2.22. Market analysts are watching closely, as recent movements have opened up the possibility of further gains. Looking at the 4-day chart, an analyst has said that there are two main possible scenarios for XRP’s price direction:

1. The Yellow Scenario (More Likely)

This scenario shows XRP continuing to rise, possibly reaching a new all-time high before undergoing a major correction. This structure follows a pattern of five waves that started from XRP’s low in 2013. If this plays out, a correction could follow, possibly pulling the price down to $0.40–$0.50, similar to past market behavior.

2. The White Scenario (Alternative)

This scenario shows that the current bull market actually started in 2020, not 2013. XRP is possibly in the final wave of a smaller five-wave move. If true, a smaller but still significant correction could follow, possibly lasting up to a year.

Despite the uncertainty, both scenarios expect another price increase, especially while XRP holds above the key support level of $1.20. If this happens, XRP could rise to $5.60 or even $6.60.

Short-Term Outlook

From a shorter-term perspective, XRP appears to be forming a five-wave move up from its April low. However, the pattern is not yet clear. If XRP stays above $2.12, prices could continue to rise. But if it drops below that level, we may see a correction with support between $1.84 and $2.10.

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XRP is currently trading in the green at $2.22. Market analysts are watching closely, as recent movements have opened up the possibility of further gains. Looking at the 4-day chart, an analyst has said that there are two main possible scenarios for XRP’s price direction: 1. The Yellow Scenario (More Likely) This scenario shows XRP …

Bitcoin Price Breaks $97000: What’s Next?

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Bitcoin has reached a new high of $97,000, continuing its strong price climb. At the moment, Bitcoin is trading just under $97,000. It recently broke through the $96,000 level and is showing signs of strength on the daily and weekly charts. Some price pullbacks are still expected, but the overall trend remains upward.

Analysts are now watching closely for the next major price levels as this rally could drive the entire crypto market higher. In the second quarter of 2025, Bitcoin is showing strong bullish indicators. It recently cleared its 200-day moving average and is building strong support.

Additional support levels at $95,797 and $96,441 are also being monitored as part of a broader bullish structure. According to an analyst, a sustained drop below $95,280 could signal the early stages of a larger correction, but as of now, Bitcoin remains firmly above that threshold.

If buying pressure resumes, short-term targets to the upside include $97,325, $98,745, and the psychological milestone of $100,000. These levels represent areas of potential resistance based on recent price dynamics.

The larger trend remains constructive, with bulls aiming for a continuation of the uptrend toward the $115,000–$120,000 range later this cycle—provided current support zones hold.

Market Outlook: More Gains Ahead?

The strong Bitcoin rally could push other cryptocurrencies like Ethereum, XRP, and Solana higher as well. This pattern, seen in past bull markets, usually starts with Bitcoin leading the way, followed by altcoins gaining momentum as investor money spreads across the market.

While pullbacks are expected — since prices never go up in a straight line — many experts believe the market is setting up for another major run. A key support level to watch is $95,280. As long as Bitcoin stays above this, there’s a chance for more upside.

The post Bitcoin Price Breaks $97000: What’s Next? appeared first on Coinpedia Fintech News
Bitcoin has reached a new high of $97,000, continuing its strong price climb. At the moment, Bitcoin is trading just under $97,000. It recently broke through the $96,000 level and is showing signs of strength on the daily and weekly charts. Some price pullbacks are still expected, but the overall trend remains upward. Analysts are …

Ethereum (ETH) Prepares for Pectra Upgrade as Ruvi AI (RUVI) Is Expected to Reach $1 in 2025

ruvi-ai-eth

The post Ethereum (ETH) Prepares for Pectra Upgrade as Ruvi AI (RUVI) Is Expected to Reach $1 in 2025 appeared first on Coinpedia Fintech News

Ethereum has long been a leader in blockchain innovation, and with the upcoming Pectra upgrade, it’s set to solidify its role even further. This major milestone promises to enhance scalability, security, and user experience. But while Ethereum continues to make headlines, there’s another project deserving your attention. Ruvi AI offers a chance to invest early in something not just innovative but practical. Combining blockchain and AI, Ruvi AI is gearing up to redefine industries and provide long-term value for investors.

Ethereum’s 2025 Evolution

Ethereum’s Pectra upgrade, scheduled for May 2025, is packed with features to improve the network. It follows previous enhancements like Dencun, further reducing costs for Layer-2 roll-ups and improving scalability. The upgrade will also double blob storage, allowing for faster finality and smoother Layer-2 integrations. These advancements position Ethereum to remain a key player, even as competitors like Solana push forward with their own upgrades.

The adoption of Layer-2 solutions is also on the rise, boosting Ethereum’s ecosystem by cutting transaction fees and speeding up processing times. These developments have excited both developers and investors, setting Ethereum up for a prosperous 2025.

While Ethereum strengthens its foundation, Ruvi AI focuses on solving real-world problems, making it a promising investment for those seeking long-term impact and rewards.

What is Ruvi AI?

Ruvi AI is a groundbreaking platform that combines blockchain with artificial intelligence to streamline business processes and address industry challenges. From fraud prevention to supply chain optimization, Ruvi AI’s technology helps save time and money.

What sets Ruvi AI apart is its focus on practicality. While many projects focus on hype, Ruvi AI delivers real solutions that industries can use today. The recent release of its beta product demonstrates this commitment to functionality and usability.

The Success of Ruvi AI’s Presale

Ruvi AI’s presale has been nothing short of remarkable. Over 10 million tokens were sold in just a few days, raising $100,000. This early success shows the strong interest from investors who see the potential of Ruvi AI’s technology. Currently, tokens are priced at $0.01, but this is the final call at this rate. By phase 2, the price will increase by 50%, making now the perfect time to join.

But that’s not all. Ruvi AI rewards larger investments with exclusive bonuses through its VIP program.

ruvi-ai

VIP Tier 4 Benefits

For serious investors eyeing significant returns, VIP Tier 4 provides an exceptional opportunity. This tier requires investors to accumulate 200,000 Ruvi AI tokens, which secures them a substantial 80% bonus on their investment. For instance, by investing $2,000 at the current token price of $0.01, investors receive 200,000 tokens as a base. The 80% bonus adds an additional 160,000 tokens, bringing the total to 360,000 tokens. 

With the listing price already confirmed at $0.07, this investment would be worth $25,200, representing a 12.6x return. The potential for remarkable growth becomes even more evident when considering Ruvi AI’s long-term target of $1 per token, which would value the same investment at $360,000.

Why Ruvi AI is a Smart Investment Choice

Ruvi AI is more than just a blockchain project; it’s a tool that industries can rely on. Its AI-driven solutions are already making waves in sectors like logistics and finance. Unlike speculative coins, Ruvi AI’s value is rooted in its utility and growing adoption.

Ethereum’s advancements highlight how technology can reshape industries, but Ruvi AI takes this further by focusing on direct, measurable impact. For investors, this means not only supporting innovation but also being part of a project with real-world applications.

Seizing the Moment

Ethereum’s 2025 preparations signal growth and innovation, attracting global attention. But for those seeking more than just a well-established name, Ruvi AI offers a fresh, exciting investment opportunity. Its focus on practical applications, coupled with tools that directly address industry needs, makes Ruvi AI a standout choice.

With the token price set to increase soon, acting now ensures you reap the benefits of being an early supporter. Explore the advantages of VIP Tier 4, secure your tokens, and prepare to be part of a project that’s not just about blockchain but about building a smarter future.

Learn More

The post Ethereum (ETH) Prepares for Pectra Upgrade as Ruvi AI (RUVI) Is Expected to Reach $1 in 2025 appeared first on Coinpedia Fintech News
Ethereum has long been a leader in blockchain innovation, and with the upcoming Pectra upgrade, it’s set to solidify its role even further. This major milestone promises to enhance scalability, security, and user experience. But while Ethereum continues to make headlines, there’s another project deserving your attention. Ruvi AI offers a chance to invest early …

XRP Soared 126% After Garlinghouse-Trump Rumors, Will Larsen’s SEC Meeting Do the Same on May 2?

The post XRP Soared 126% After Garlinghouse-Trump Rumors, Will Larsen’s SEC Meeting Do the Same on May 2? appeared first on Coinpedia Fintech News

XRP made headlines in November 2024 when rumors spread about a possible meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump. This speculation sent XRP soaring past $1 for the first time since November 2021.

Even though Garlinghouse officially met with Trump in January 2025, the excitement had already done its job. Between November 26 and December 3, XRP jumped a massive 126%, climbing from $1.28 to $2.91.

Another High-Profile Meeting on the Way

Now, there are speculations that Ripple’s Executive Chairman and co-founder Chris Larsen is set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025. This upcoming meeting has caught the market’s attention, with many hoping it could bring positive news for XRP.

Investors are wondering — will this be the catalyst XRP needs to continue its rally, or will it fall short again?

XRP Testing a Crucial Price Level

At the same time, traders are watching XRP’s chart closely as May kicks off. According to popular market analyst Casitrades, XRP is struggling to stay above an important resistance level at $2.25.

After failing to hold above this price, XRP began forming smaller waves downward. It recently back-tested the $2.25 breakdown and might now be heading for another move down to $2.00.

Short Dip or Major Correction?

If XRP’s price drops with momentum, it could briefly hit $1.90 — a level that hasn’t been tested since its breakout. This zone also lines up with key technical support levels, which could act as a safety net.

However, on shorter timeframes, the Relative Strength Index (RSI) shows the market is exhausted, suggesting that any dip might be temporary before another bounce.

Despite these short-term price movements, the overall outlook for XRP remains positive. If XRP can flip the $2.25 level into support, traders are eyeing future targets at $2.68, $3.00, and beyond.

The post XRP Soared 126% After Garlinghouse-Trump Rumors, Will Larsen’s SEC Meeting Do the Same on May 2? appeared first on Coinpedia Fintech News
XRP made headlines in November 2024 when rumors spread about a possible meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump. This speculation sent XRP soaring past $1 for the first time since November 2021. Even though Garlinghouse officially met with Trump in January 2025, the excitement had already done its job. Between November …

What to expect from Ethereum (ETH) in May

After a relatively flat April marked by decreased network demand and sideways price action, the second-largest cryptocurrency, Ethereum (ETH), may be positioned for a shift.

ETH holders are optimistic about May. This optimism is fueled by strengthening fundamentals, the anticipated Pectra upgrade, and renewed interest from institutional investors through spot ETH exchange-traded funds (ETFs).

ETH Struggled in April, but May Brings a Glimmer of Hope

In April, on-chain data showed a dip in user activity across the Ethereum network, while broader market stagnation kept ETH trading below key resistance levels. 

According to Artemis, during the 30-day period, user demand for Ethereum plummeted, leading to a decline in the number of active addresses, daily transaction count, and consequently, its network fees and revenue. 

This and the broader market downturn impacted ETH’s performance, causing the leading altcoin’s price to remain below the $2,000 mark throughout April.

However, in an interview with BeInCrypto, Gabriel Halm, a research analyst at IntoTheBlock, said that ETH’s price could break above the $2,000 price mark in May and stabilize above it. 

For Halm, the improved capital inflows into ETH spot ETFs, Ethereum’s dominance in the coin’s decentralized finance (DeFi) vertical, and its upcoming Pectra upgrade could help bring this to fruition.

ETF Inflows, DeFi Dominance, and Pectra: Triple Boost for Ethereum in May

According to SosoValue, monthly net inflows into ETH ETFs totaled $66.25 million in April, signaling a shift in market sentiment compared to the $403.37 million in net outflows recorded in March.


Total Ethereum Spot ETF Net Inflow
Total Ethereum Spot ETF Net Inflow. Source: SosoValue

This reversal from heavy outflows to modest inflows suggests that investor confidence in the altcoin is gradually returning. It indicates that institutional players may be positioning for a longer-term rebound, especially as Ethereum’s network fundamentals begin to improve, one of which is its climbing dominance in the DeFi sector. 

Over 50% of the total value locked (TVL) in DeFi protocols still resides on the Ethereum blockchain. This means that the Layer-1 (L1) remains the preferred settlement layer for various financial applications, including lending, staking, yield farming, and decentralized exchanges. 

Ethereum's DeFi TVL
Ethereum’s DeFi TVL. Source: DefiLlama

Therefore, in May, if broader market conditions begin to improve, renewed capital inflows into Ethereum’s DeFi sector could, in turn, drive up demand for ETH and support its price rally.

Moreover, according to Halm, Ethereum’s upcoming Pectra upgrade, set to launch on May 7, 2025, could further aid ETH’s price performance this month. The upgrade promises to enhance the network’s scalability, reduce transaction fees, improve security, and introduce smart account functionality.

These improvements may fuel a surge in user demand throughout May, potentially lifting ETH’s price, provided macroeconomic conditions remain favorable.

ETH’s Growth Hinges on Broader Market Stability

Despite this, the broader economic pressures pose a significant risk to ETH in May. Halm noted that “the upcoming CPI report on May 13th will be particularly important, potentially influencing market sentiment and contributing to this volatility.”

This is because inflation or hawkish signals from the Federal Reserve could worsen the risk-off sentiment in the crypto market, putting pressure on ETH’s price. 

Halm also pointed out that ETH’s price remains tightly correlated with US equities. Therefore, if equity markets face renewed stress this month due to inflation fears or rate hike expectations, the altcoin may come under similar pressure.

ETH's Historical Correlation to S&P 500.
ETH’s Historical Correlation to S&P 500. Source: IntoTheBlock

“Looking ahead to May, if this high correlation persists, it implies that Ethereum’s vulnerability to market downturns and inflation-related pressures would likely be similar to that of traditional risk assets like those in the S&P 500. A downturn in the general market or increased concerns about inflation impacting equities could therefore negatively affect ETH’s price,” said Gabriel Halm, research analyst at IntoTheBlock,

While a sustained push above $2,000 remains possible, any rally will likely depend on inflation trends, risk sentiment in traditional markets, and how tightly ETH remains tied to equities.

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