Author: Monicah W

The post Ethereum’s Survival at Risk? Can Ethereum Researcher Dankrad’s 100x Plan Save It? appeared first on Coinpedia Fintech News

Ethereum could face big problems if it doesn’t grow fast enough. Dankrad Feist, a researcher at the Ethereum Foundation, warns that the network might become less important in the next 5 to 10 years unless something changes. To solve this, Feist has suggested a bold plan to help Ethereum scale. Let’s see what it is?

The Proposal: A 100x Scaling Plan

Dankrad Feist recently proposed EIP-7938, an upgrade that would increase Ethereum’s gas limit, the part of the system that controls how many transactions can fit in each block. 

His goal is to boost Ethereum’s capacity by 100 times over the next four years, which would allow for far more activity on the network. Though the idea is unusual, Feist believes bold steps are necessary to save Ethereum’s future.

Why Scaling Is Urgent?

Feist explains that Ethereum should be the heart of crypto’s economy. But if activity spreads too much across various Layer-2 solutions, blockchains built on top of Ethereum, it could weaken Ethereum’s position and cause it to lose value to other ecosystems.

He warns that without major changes, Ethereum could end up like a background player while other blockchains take the lead.

Others Are Worried Too

Feist isn’t the only one raising concerns. Cardano founder Charles Hoskinson recently said Ethereum could face the same fate as Myspace, a social networking website & Blackberry, the phone company that lost out to Apple and faded away. He blames “parasitic” Layer-2s for weakening Ethereum’s base.

On a more hopeful note, Matt Hougan from Bitwise says Ethereum has at least “stopped digging” itself deeper into trouble. But whether it can climb out of the hole remains a big question.

Can Ethereum Grow Without Losing Its Core Values?

Feist is confident that Ethereum can scale up without compromising important features like security, censorship resistance, and verifiability. In other words, he believes Ethereum can grow without giving up what makes it special.

Ethereum has come a long way, but if it wants to lead the next generation of crypto, it may need to take some bold and risky steps, starting now.

The post Ethereum’s Survival at Risk? Can Ethereum Researcher Dankrad’s 100x Plan Save It? appeared first on Coinpedia Fintech News
Ethereum could face big problems if it doesn’t grow fast enough. Dankrad Feist, a researcher at the Ethereum Foundation, warns that the network might become less important in the next 5 to 10 years unless something changes. To solve this, Feist has suggested a bold plan to help Ethereum scale. Let’s see what it is? …

On Wednesday, Robinhood Markets Inc. (NASDAQ: HOOD) reported strong numbers for the first quarter of 2025, surpassing Wall Street expectations. The trading platform attributed the growth primarily to crypto trading, as total revenue reached a record $927 million.

With earnings of $0.37 per share, Robinhood marked a 50% year-over-year increase in revenue.

Crypto Trading Fuels Robinhood’s Record Q1 Revenue

The company’s cryptocurrency trading revenue significantly contributed to this growth, which doubled to $252 million compared to the same period last year.

“This quarter, we significantly accelerated product innovation across our key initiatives, highlighted by the announcement of Robinhood Strategies, Banking, and Cortex. Customers have clearly responded, demonstrated by… robust year-over-year growth in trading across all asset classes,” said Vlad Tenev, Chair and CEO of Robinhood, in a statement.

The surge in crypto trading was fueled by heightened stock market volatility and the renewed interest in crypto with the new administration in Washington. But nothing could match the figures seen during the crypto rally during Trump’s reelection in November 2024. Despite the impressive year-over-year growth, Robinhood’s crypto revenue remained lower than the previous quarter’s $358 million.

In the last quarter of 2024, Robinhood’s revenue grew substantially to reach $1.01 billion, largely driven by a sharp increase in crypto revenue by 700% to reach a whopping $358 million. The marginal drop in the January to March quarter reflected some cooling of the crypto market.

Despite a strong reliance on revenue from crypto trading in recent quarters, Robinhood is planning to diversify its revenue sources. “It’s going to go up and down in terms of trading volumes. We’re diversifying the business outside of the crypto business, which will make us less reliant on crypto transaction volumes,” said Tenev during the earnings call with shareholders, reported Fortune.

Robinhood’s Transaction-based Revenues Grow by 77%

Robinhood also reported that the transaction-based revenues overall rose 77% to $583 million during the last quarter. Options trading revenue also increased by 56% to $240 million, and equities revenue climbed 44% to $56 million. Net interest revenue also saw a 14% uptick, reaching $290 million.

As the results were announced, HOOD’s stock prices rose by around 3% towards the end of the trading session from $47.5 to $49.1 on Wednesday, but remained marginally below the previous day’s close.

Robinhood’s user base expanded to 25.8 million customers last quarter, with monthly active users reaching 14.4 million. However, this figure was slightly below expectations and down from the previous quarter.

In a show of confidence, the company announced a $500 million increase to its share repurchase program, bringing the total authorization to $1.5 billion. Its international is also likely to jump with the acquisition of Luxembourg-based cryptocurrency exchange Bitstamp Ltd. on track to close in the middle of this year.

Robinhood’s above-expectations performance indicates a strong position in the market, particularly in the crypto trading space, despite the inherent volatility.

The post Robinhood Earnings Beat Wall Street Estimates as Crypto Revenue Doubles appeared first on CoinGape.

Metaplanet Expands in US:- The race to acquire Bitcoin as treasury asset is intensifying. In the past week, two new Bitcoin strategic acquisition companies, Twenty One Capital, and Janover (though for Solana) have already emerged on the landscape.

In this scenario, the old and dominant players of the industry are trying to ramp up their number of BTC acquisitions.

In a latest move, Metaplanet Inc. has also striked a major move on Thursday. The Tokyo-listed Bitcoin Treasury company, Metaplanet, is now expanding into the US with a new wholly-owned subsidiary.

Dubbed as “Metaplanet Treasury Corp.”, the new subsidiary is set to be established in Florida, US.

Metaplanet New Subsidiary Taps into BTC Race

Before today’s new Metaplanet subsidiary update, it has only one corporate presence outside the firm’s headquarters in Tokyo, Japan.

Last year in July 2024, it established a wholly-owned subsidiary named Metaplanet Capital Limited in the British Virgin Islands (BVI).

The firm has been a Tokyo-listed company since 1999 and began its Bitcoin acquistion plans last year – with just 97.8 BTC.

With the new US subsidiary, it aims to embark on global expansion. The new Metaplanet Treasury Corp. will support the parent Metaplanet’s Bitcoin Acquisition strategies in US.

The BTC treasury company will now be able to gain access to more efficient Bitcoin acquisition channels. This will lead to fast execution speed with the presence in the 24/7 global market of United States.

The new US-registered entity is expected to raise up to $250 million in capital. This will be used for accelerating its Bitcoin Acquisition strategy particularly in US market.

Overall, this expansion in US is expected to bring enhanced liquidity and treasury flexibility for the company.

At the moment, the firm has 5,000 BTC in Total Bitcoin Holdings. It made its latest purchase on April 24 adding 145 $BTC to its April 21 stack of 4,856 BTC.

This comes as the Bitcoin price has crossed the $95 mark and is currently eyeing the $96,000 mark. 

Why Metaplanet Chose to Open its New Subsidiary in Florida

The firm’s decision to choose Florida as the site of its new susbdiary is also significant. The state is gaining prominence as a global crypto hub with new crypto bills and initiatives.

The Trump administration and new SEC Chair Paul Altkins are also continuing to augur well for the pro-crypto landscape in US.

Metaplanet CEO Simon Gerovich said in a X post, “The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption and financial liberalization.”

Last month on April 11, the unanimously voted Bill – Florida House Insurance and Banking Committee – passed to encourage public crypto adoption. The bill empowered the state to hold Bitcoin as a reserve asset and allocate up to 10% of various state funds into Bitcoin.

Florida CFO Jimmy Patronis has also indicated that the state already holds approximately $800 million in crypto-related assets.

It is also exploring adding Bitcoin to public pension portfolios as a “digital gold” hedge against inflation.

What’s Next for the BTC Acquisition Race

Metaplanet’s decision to expand into US comes as the dominant players continue to take centre stage.

Michael Saylor’s MicroStrategy (now rebranded as Strategy) made its latest purchase on April 28. The company purchased 15,355 BTC for approximately $1.42 billion, bringing its total holdings to 553,555 BTC.

The TradeFi giant BlackRock is also ramping up its Bitcoin acquistion strategy. BlackRock’s most recent Bitcoin buy occurred on May 1 – today. Its iShares Bitcoin Trust (IBIT) have acquired approximately $267 million worth of BTC.

Infact, Strategy and BlackRock are locked into a fierce competition. Both are expected to cross 1 million BTC mark soon with the debate going on about who will cross it soon.

Thus, the recent new subsidiary decision of Metaplanet comes as another bullish chapter in the ongoing BTC arms race.
 

The post Metaplanet Establishes New Subsidiary in US – What the BTC Firm is Planning appeared first on CoinGape.

Amid the Donald Trump election win, the Bitcoin price rally resulted in creating a new ATH, surging almost twice its value within months. This gained the world’s attention, as such high returns and success of Bitcoin ETF resulted in many institutional buyers holding on to BTC. Recently, the Coinbase executive pitched a plan for the US government to buy $100 billion of BTC in 2025. Not only can this benefit them, but a massive rally could form for the token. Let’s discuss the potential impact.

Bitcoin Price News: Gold Reserve Revaluation Could Support $100 Billion Bitcoin Buying

Coinbase Asset Management President Sebastian Bea recently appeared on The Scoop with Frank Chaparro, which was released on Wednesday, and discussed various points around Bitcoin. However, the highlight became the fact that the US government could buy $100B worth of BTC at the current Bitcoin price.

COINBASE JUST SAID THE USA LIKELY TO BUY $100 BILLION BITCOIN SOON

IT’S COMING!!! pic.twitter.com/XzIJrDsJfB

— Vivek (@Vivek4real_) April 30, 2025

Although this was not a speculation, but rather a roadmap on how the government could get into Bitcoin buying. He disclosed that if the government reevaluated its gold held in Fort Knox at $42 an ounce to the current price, it could bring a gain of $900 billion to a trillion.

Out of this, the $100B could be easily allocated to the Bitcoin buying for Donald Trump’s US strategic Bitcoin reserve.

Today, the US government still values gold held in Fort Knox at $42 an ounce. If they mark that to current market prices, it would create a mark-to-market gain of roughly $900 billion. That $100 billion is a relatively small portion of the $900 billion gain, so it’s a feasible, significant position. This would be a huge change, showing the government’s commitment to Bitcoin as a strategic reserve.

He further claimed that the US government’s initiation could influence others to do the same, as they have been doing with gold. He cited the rising adoption and evolving demand, before revealing it’s hard not to be bullish on Bitcoin with all these.

Why This Could Send Bitcoin Price to $500k?

The U.S government’s Bitcoin buy would bring strong institutional validation for the crypto token, affecting the Bitcoin price dynamic. BTC has been doing significantly well on its own, and the recent institutional adoption, especially with El Salvador, BlackRock, and MicroStrategy Bitcoin buying, and others, has fueled the demand further.

The government’s buy would push it to another level. The $100 billion buy would reduce the availability of BTC in the market, as there’s a limited supply. As a result, this could put upward pressure. More importantly, it would influence others to do the same in an ‘arms race’, generating positive momentum.

Although the trajectory is unpredictable, the BTC price would fuel immense upward pressure.

Will it hit $500k Next?

Experts have been anticipating extreme bullish moves for this cryptocurrency over various parameters. Multiple Bitcoin price predictions, including Dave the Wave, see BTC hitting $200k by 2025 end, without government stimulus.

Interestingly, Ark Investment has redirected its BTC price target to $2.4B by 2030 based on active supply, bull case, and various assumptions. US government Bitcoin buying could be the catalyst to $500k, but there’s no confirmed trajectory.

Previously, Bitwise CIO anticipated the $500k target in case of any country’s strategic Bitcoin reserve. If the US did, this could likely happen.

The post How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? appeared first on CoinGape.

Grayscale has announced the launch of a new exchange-traded fund (ETF) to track the performance of companies with sizable Bitcoin (BTC) holdings. While not the first-of-its-kind, the Grayscale Bitcoin Adopters ETF will attract a new demographic of investors to Bitcoin-related products.

Grayscale Rolls Out Bitcoin Adopters ETF For Investors

According to a press release, Grayscale has unveiled an ETF designed to provide investors with exposure to public companies with Bitcoin on their balance sheets. Dubbed the Grayscale Bitcoin Adopters ETF (BCOR), the fund will track the performance of companies that have adopted BTC as a treasury reserve asset.

Per the statement, the newly minted ETF will invest in entities that make up the Indxx Bitcoin Adopters Index. A close look at the proprietary index reveals a focus on publicly traded companies with a market capitalization surpassing $100 million.

However, Grayscale pegs the minimum Bitcoin to be held by the companies at 100 BTC. Upon launch, the ETF is tracking over 33 companies cutting across 15 industries, providing a novel way for investors to get exposure to BTC.

“As more companies integrate Bitcoin into their balance sheets, BCOR provides a forward-looking strategy to capture this momentum through traditional equity markets,” said Grayscale Global Head of ETFs David LaValle.

In March, Bitwise launched the OWNB ETF to track institutions with substantial BTC holdings, earning a first-mover position. Grayscale will jostle with Bitwise for market share as the firm eyes expanding its range of ETF products. The firm is bidding its time after the SEC delayed its proposal to enable staking on its Ethereum spot ETF.

A Growing Number Of Firms Are Adopting The Bitcoin Standard

Several publicly traded companies are turning their gaze to Bitcoin, adding the largest cryptocurrency to their balance sheet. Led by MicroStrategy and Marathon Digital, publicly traded companies hold nearly 600,000 BTC cumulatively.

MicroStrategy recently acquired 15,335 BTC for $1.42 billion, bringing its holdings to 553,555 BTC, matching the holdings of Grayscale and BlackRock.

While the trend shows no indications of ending, 21 Capital is set to mirror MicroStrategy with a sizable Bitcoin purchase. 21 Capital has raised significant capital from SoftBank and Tether, potentially snapping up 42 BTC upon its formal launch.

The renewed institutional interest from Grayscale and other heavyweights in Bitcoin comes amid a price resurgence for the top crypto. Bitcoin is trading at $95,000 and is targeting a price rally to $100K on the back of several positive fundamentals.

 

The post Grayscale Launches Bitcoin Adopters ETF (BCOR): Report appeared first on CoinGape.

Despite the recent crash, Solana (SOL) price has rebounded quickly and trades near $150. However, a look at the high time frame chart shows that SOL could hit $400 or even double from here to reach $800. To do this, Solana price needs to clear one critical resistance level, after which it could kickstart an exponential rally to the aforementioned levels.

Solana (SOL) Price Today

After Bitcoin (BTC) slipped 2.37% on Wednesday, altcoins, including Solana (SOL), also crashed. Despite the sudden drop, SOL price has shown incredible resilience, leading to a 6.44% recovery bounce since then. As of today, the token trades around $150.

SOL Price Needs to Flip This Key Level for $300 & $900 Targets

The weekly chart shows Solana price converging between two trendlines connecting the lower highs and higher lows formed since early 2024 and 2023, respectively. During this uptrend, SOL’s value has exploded from $11 to nearly $300, roughly 27x. However, a look at the 50-week and 200-week Simple Moving Averages (SMAs) reveals a key bullish outlook.

The 200-week SMA at $95.20 was a stable support for Solana price when it crashed in early April. A bounce from this level has pushed SOL’s value up by 56%. Likewise, the 50-week SMA that was a support in second half of 2023, flipped into a resistance when SOL price crashed below it in February 2025. Hence, a reclaim of this level hints at bullish Solana price prediction.

Bull Run Targets For Solana (SOL)

Assuming SOL price reclaims the 50-week SMA at $168 or roughly $170, it would denote a resurgence of bulls. Since this was a key support flipped into a resistance, a reclaim will boost sentiment and likely attract buyers. This move would denote the start of the bull run. Hence, a further spike in bullish momentum coupled with an improved crypto market outlook could propel this Ethereum-killer to the top of the current range at $300.

If Solana price overcomes the inclined trendline, the next key take profit levels include –

1. The 161.8% Fibonacci extension level of $600.
2. The 200% Fibonacci extension level of $900
3. In a highly bullish case, SOL could even hit $1,853, which is the 261.8% Fibonacci extension level.

Other Factors That Affect SOL Price’s Uptrend

To conclude, Solana (SOL) ‘s technical outlook looks primed for a bullish reversal. However, investors need to pay attention to the fundamentals and macroeconomic outlook for confirmation. Here are some key events that could disrupt this optimistic outlook and triple-digit targets for the SOL price.

1. Trump’s tariff war has put unwarranted pressure on America’s economy, leading to widespread panic in the stock market. As a result, gold has skyrocketed to new highs.
2. The Fed’s decision is another critical gear in this economy that could influence the prices of stock and crypto markets alike. Although Trump’s tariff war has pressured the Fed to cut interest rates, Fed Chair Jerome Powell hasn’t done it yet. If this continues, it could result in a recession. Online betting platform Polymarket shows the odds of a US recession in 2025 have hit 63%.
3. Bitcoin (BTC) sets the tone of the crypto market, and BTC is affected by the above two reasons. While Bitcoin is considered a safe-haven, uncorrelated, and inflation hedge asset, but it also behaves as a risk asset that, at times, has huge correlation with the stock market. In case the US slips into a recession, BTC’s behaviour will decide if Solana price will rally or collapse.

The post Clearing Critical Level May Propel Solana price to $300 or $900 appeared first on CoinGape.

The post Bitcoin, Ethereum & XRP Price Prediction for May 2025 appeared first on Coinpedia Fintech News

With the crypto market cap nudging $2.97 trillion and the Fear & Greed Index stuck at a neutral     51, the industry appears to be in a holding pattern as May kicks off. While trading volume has seen a modest lift, the broader sentiment reflects uncertainty. That being said, the Altcoin Season remains on the sidelines, as Bitcoin continues to dominate market behavior.

Bitcoin (BTC) Price Prediction

Bitcoin price is showing stability, currently hovering around $94,999 with a negligible 24H change of +0.01%. Intriguingly, its 7-day volatility has dropped to a 563-day low, suggesting the market is entering a cooling-off phase. 

The immediate resistance at $97,000 is being tested softly, while the psychological ceiling at $100k continues to loom large. If bulls gather momentum and push through, the next major target sits around $107,000. On the downside, BTC has strong support near $85,645, a level that held firm during previous dips.

Given its +14.30% monthly return, Bitcoin is showing resilience. But unless volume spikes substantially beyond the current $28.64B, any breakout attempt might be short-lived. We can expect a sideways trend between $92k–$97k before a clearer direction reveals itself.

For year-end and long-term targets, read our Bitcoin (BTC) Price Prediction 2025, 2026-2030

Ethereum (ETH) Price Prediction

Ethereum is currently changing hands at $1,810, showing a modest daily gain, however, the monthly loss stands at 1.54%. Trading volume is sliding, down 5.91% in the last 24 hours, adding pressure to a price already dwindling with support zones.

Immediate support lies around $1,700, with a deeper floor at $1,449 and $1,368. If Ethereum fails to defend these levels, the altcoin could spiral further. On the positive side, a reclaim of $1,861 could reignite short-term bullish sentiment. With a positive momentum, ETH could breach $2,000 and challenge the $2,111–$2,550 resistance band.

Curious about how Ethereum could close the year? Read our Ethereum (ETH) Price Prediction 2025, 2026-2030 for details!

Ripple XRP Price Prediction

XRP is priced at $2.22, it’s one of the few major tokens posting a green monthly candle of +4.84%. The 23.45% spike in 24H volume hints at brewing volatility. If bulls can push XRP beyond $2.50, the path to the psychological milestone of $3.00 may open. But failure to do so might lead to another dip, with $2.20 acting as immediate support.

Check out our Ripple XRP Prediction 2025, 2026-2030 for long-term price targets!

FAQs

The post Bitcoin, Ethereum & XRP Price Prediction for May 2025 appeared first on Coinpedia Fintech News
With the crypto market cap nudging $2.97 trillion and the Fear & Greed Index stuck at a neutral     51, the industry appears to be in a holding pattern as May kicks off. While trading volume has seen a modest lift, the broader sentiment reflects uncertainty. That being said, the Altcoin Season remains on …