Author: Monicah W

Bitcoin Rich List: Who’s Stacking, Who’s Slacking?

Monicah W

Bitcoin Price Analysis

The post Bitcoin Rich List: Who’s Stacking, Who’s Slacking? appeared first on Coinpedia Fintech News

In recent months, many major companies around the world have started buying large amounts of Bitcoin. It seems like every few days, there’s news about another business joining the growing list of Bitcoin investors.

One of the first big names in this space was MicroStrategy, led by its CEO, Michael Saylor. Years ago, the company began buying Bitcoin, and since then, its stock price has jumped by an incredible 3,000%. Saylor has said he believes other companies will have no choice but to follow, especially as Bitcoin prices keep rising.

Why Are More Companies Buying Bitcoin?

As explained by an analyst, it’s simple: when a few companies start buying Bitcoin and their stock prices rise, other businesses take notice. Soon, more companies feel pressured to join in, which pushes Bitcoin’s price even higher. As the price rises, it becomes more expensive for new buyers to enter the market, which creates a rush to buy before prices climb further.

New Player From Indonesia

A company called DigiAsia from Indonesia has just announced its plans to buy $100 million worth of Bitcoin. While it’s not as big as MicroStrategy’s investments, it’s still a huge amount. What’s more surprising is that DigiAsia plans to use 50% of its future profits to keep buying Bitcoin. This shows they’re serious about making cryptocurrency a key part of their financial strategy.

More Big Numbers from Other Companies

Another company called MetaPlanet has also been making headlines. They want to build a Bitcoin reserve of 10,000 Bitcoins by the end of this year, and 21,000 by the end of next year. Recently, they revealed they’ve already collected over 6,700 Bitcoins — much faster than expected.

The big question now is: with Bitcoin’s price expected to rise to around $370,000 to $500,000 by the end of this year, will these companies still be willing to buy more at such high prices? And what will happen if Bitcoin hits $2.4 million by 2029 or 2030, as some predictions suggest?

What Does This Mean for Regular Bitcoin Holders?

Every time a company buys thousands of Bitcoins, it reduces the number of coins available for everyone else. Some experts have said that one day, even millionaires and billionaires won’t be able to buy a full Bitcoin because so many have been taken off the market by big companies.

There’s an old idea in the crypto world that owning just 0.28 Bitcoin would put you in the top 1% of Bitcoin holders. Back then, people thought it was a small number. But with companies grabbing up huge amounts of Bitcoin, that 0.28 BTC is starting to look a lot more valuable.

In Short

More and more companies are buying Bitcoin as a long-term investment. As these businesses keep adding to their Bitcoin reserves, it could drive prices up and make it harder for others to buy in the future. And if Bitcoin reaches the price levels some experts predict, it’ll make the small amounts of Bitcoin owned by regular investors even more valuable.

The post Bitcoin Rich List: Who’s Stacking, Who’s Slacking? appeared first on Coinpedia Fintech News
In recent months, many major companies around the world have started buying large amounts of Bitcoin. It seems like every few days, there’s news about another business joining the growing list of Bitcoin investors. One of the first big names in this space was MicroStrategy, led by its CEO, Michael Saylor. Years ago, the company …

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XRP Futures Show Increasing Sell Orders – Will It Drop Below $2?

Monicah W

XRP has suffered a near 10% decline over the past week, dampening trader sentiment and triggering a wave of sell-side activity in its futures market. 

As buying pressure wanes, the altcoin risks plunging below the key support formed at $2 in the near term. 

XRP Futures Traders Position for Decline

The bearish tone in the XRP market is evident in the token’s taker buy/sell ratio, which has consistently posted negative values for the past two weeks.

This indicates that sell orders dominate buy orders across the XRP futures market. At press time, this stands at 0.92, per CryptoQuant. 

XRP Taker-Buy Sell Ratio.
XRP Taker-Buy Sell Ratio. Source: CryptoQuant

An asset’s taker buy-sell ratio measures the ratio between the buy and sell volumes in its futures market. Values above one indicate more buy than sell volume, while values below one suggest that more futures traders are selling their holdings. 

The sustained decline in XRP’s taker buy/sell ratio over the past few weeks points to a mounting sell-off among futures traders, many of whom are increasing their exposure to short positions.

This is reflected by the token’s long/short ratio, which currently stands at 0.94. 

For context, this metric has remained below one since May 8, highlighting that traders have been positioning for a downside move for nearly a month. 

XRP Long/Short Ratio.
XRP Long/Short Ratio. Source: Coinglass

The extended demand for short positions suggests that XRP’s price dip is not just a reaction to short-term volatility. It also shows a broader bearish tilt increasingly driven by expectations of lower prices. 

Will XRP Hold the $2 Support?

At press time, XRP trades at $2.13.  If bearish pressure gains momentum, the token risks slipping below the psychological $2 mark. A breach of this key support line could deepen the ongoing correction and cause XRP to trade below $1.99.

XRP Price Analysis
XRP Price Analysis. Source: TradingView

However, a resurgence in new demand for the altcoin could invalidate this bearish outlook. If buying surges, the XRP token could witness a bullish correction and climb to $2.29. 

The post XRP Futures Show Increasing Sell Orders – Will It Drop Below $2? appeared first on BeInCrypto.

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Hedera (HBAR) Leads Made In USA Coins in Weekly Losses – What’s Next?

Monicah W

A dip in overall crypto trading activity last week sent Hedera’s native token, HBAR, tumbling to a 30-day low of $0.16 on May 31. Although the token has managed to climb around 3% over the past 24 hours, the recovery may not mark a true bullish reversal. 

Technical indicators suggest the rebound may be a classic dead cat bounce—a temporary relief in a prevailing downtrend. This analysis explains why this may be the case.

Persistent Selling Pushes HBAR Below Key Technical Level

Hedera dropped over 10% in the past week, facing the worst loss among the top 10 made in USA coins.

HBAR’s steady decline over the past week has pushed the token’s price below its 20-day exponential moving average (EMA). This breakdown confirms the presence of strong selling pressure among spot market participants.

HBAR 20-Day EMA.
HBAR 20-Day EMA. Source: TradingView

The 20-day EMA measures an asset’s average trading price over the past 20 trading days, giving weight to recent price changes. 

When an asset falls below this key moving average, it signals a shift in short-term momentum from bullish to bearish. This breach typically suggests that recent selling pressure in the market outweighs buying interest, potentially triggering further downside. 

Therefore, for HBAR, slipping below this key support level reinforces bearish sentiment and increases the likelihood of continued price weakness.

Further, the token’s Elder-Ray Index, which measures the strength of its bulls against the bears, shows continued dominance by sellers. The indicator’s red histogram bars remain below the zero line, printing -0.028 at press time.

HBAR Elder-Ray Index
HBAR Elder-Ray Index. Source: TradingView

The indicator has persistently returned negative values since May 24, highlighting a lack of bullish power even during the recent price uptick.

Can Bulls Save HBAR? Price Eyes Critical Support at $0.153

HBAR currently trades at $0.168, with its 20-day EMA forming a dynamic resistance above it at $0.184. This suggests that any uptrend may face strong rejection unless buying momentum strengthens significantly.

Without a strong demand for HBAR, it could resume its decline and fall toward the support floor at $0.153. Should the bulls fail to defend this level, the price fall could deepen to reach $0.124.

HBAR Price Analysis.
HBAR Price Analysis. Source: TradingView

However, a resurgence in buying pressure will invalidate this bearish outlook. The token’s price could climb above the 20-day EMA to trade at $0.19 in that scenario.

The post Hedera (HBAR) Leads Made In USA Coins in Weekly Losses – What’s Next? appeared first on BeInCrypto.

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BlackRock’s IBIT Inflow Streak Snaps as $430 Million Exits in One Day

Monicah W

BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow on May 30, with investors pulling $430.8 million from the fund.

This marked the end of a 31-day inflow streak and the first net withdrawal in over seven weeks.

BlackRock’s IBIT Still Dominates Bitcoin ETF Inflows

Before this reversal, IBIT attracted $6.5 billion in May alone, making it one of the strongest months since its debut in January 2024.

IBIT’s rapid ascent is not limited to the crypto space. Within 18 months, it climbed into the top 25 US-listed ETFs by assets under management, which many have described as unprecedented.

At the same time, the fund ranks among the top five ETFs for year-to-date inflows across over 4,200 US-listed funds.

According to ETF Store president Nate Geraci, IBIT’s performance has been exceptional. He pointed to the fund’s consistent appeal during both bullish and uncertain market conditions as evidence of its dominance in the sector.

“What a run over the past 30+ days though. IBIT now pushing $ 70 billion in assets < less than 17 months since launch. Not sure I have words to describe how ridiculous this is,” Geraci stated.

Industry analysts attribute IBIT’s momentum largely to growing institutional demand for Bitcoin.

Bloomberg ETF analyst Eric Balchunas highlighted that IBIT has recently absorbed more than 100% of net Bitcoin ETF inflows. This marks an unusual shift from its typical 70% share.

This institutional pivot comes as inflation concerns, economic uncertainty, and improved US regulatory clarity drive traditional investors toward digital assets.

Bitcoin has increasingly been seen as a hedge against fiat devaluation and systemic risk, prompting corporations and nation states to adopt it as part of their treasury strategy.

BlackRock’s iShares Bitcoin Trust (IBIT) Flows in May.
BlackRock’s iShares Bitcoin Trust (IBIT) Flows in May. Source: SoSoValue

As a result, Bitcoin’s price surged to a record high above $111,000 in May. The rally highlighted the growing influence of institutional capital in driving the crypto market.

According to BeInCrypto data, the top cryptocurrency has since pulled back to around $105,000 over the past week.

The post BlackRock’s IBIT Inflow Streak Snaps as $430 Million Exits in One Day appeared first on BeInCrypto.

M2 Money Supply Predicts When Bitcoin Price Will Hit All Time High

Monicah W

The correction that Bitcoin (BTC) suffered over the past 24 hours has triggered conversations around its correlation with the M2 Money supply. Analysts like Raoul pal and Abra CEO are using Bitcoin Vs M2 money supply co-relation to predict Bitcoin price.  Bitcoin to $130k in August/September This Year? Abra Global CEO Bill Barhydt shared his analysis on the rising Bitcoin Vs M2 money supply trend via via his X account. The consensus is that with the growth in the global money supply, risk-on assets like BTC benefit significantly. The concept is simple: the more money in circulation, the more devalued fiat is, granting emerging hedges like Bitcoin more value. Source: X, Bitcoin Vs M2 Money Supply According to him, most trending charts predict a short-term bearish outlook. He most likely highlighted the likelihood of Bitcoin price dropping to $100,000 in the coming days before it pushed to a new all-time… Read More at Coingape.com

The post M2 Money Supply Predicts When Bitcoin Price Will Hit All Time High appeared first on CoinGape.

$60M DOGE Moves from Coinbase to Unknown Wallet as Dogecoin Retests $0.19 Support

Monicah W

Whale Alert, a known crypto tracking account, revealed on X three large transfers involving Dogecoin. The total transfers were for 312,375,048 DOGE, worth approximately $60 million, which were done in three transfers at equal amounts. The Whale Dogecoin Transfers to Coinbase The coins were sent to Coinbase, a leading cryptocurrency exchange, after previously being in unknown wallets. This kind of activity often catches the eye of investors. It shows that large holders, often called “whales,” are shifting their Dogecoin around. The first transfer was reported at 8:40 PM WAT. Within the same hour, two more identical transfers followed. Each post by Whale Alert included a link to the transaction details. Seeing such large amounts move to Coinbase might mean someone is preparing to sell their holdings. Such whale movements are not unique to Dogecoin. Recent ecosystem trends like institutional Bitcoin acquisitions show how large holders actively reshape market dynamics. DOGE… Read More at Coingape.com

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Cardano Price Dips 3%: Why Is ADA Falling?

Monicah W

Cardano price is undergoing a torrid patch as market sentiment turns negative for the tenth-largest cryptocurrency by market capitalization. ADA has fallen by 3% on the 24-hour chart, but weekly charts reveal an even steeper drop for the asset. The recent ETF delay by the SEC and the broader market decline are contributing to Cardano’s underwhelming price performance. Cardano Price Falls By 3% Over The Last Day According to data from CoinMarketCap, the Cardano price has taken a major hit over the weekend to trade at $0.69. The data from the crypto market aggregator indicates that ADA has fallen by 3% in the last 24 hours, accentuating a negative market sentiment. Amid the price decline, daily transaction volumes have tumbled by 17.33% to settle at $841 million. A closer look at the charts reveals an even steeper drop of over 8% in the last seven days for the asset. The… Read More at Coingape.com

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Ross Ulbricht Auctions Prison Memorabilia, ID Card Sells For 11 Bitcoin

Monicah W

Silk Road founder Ross Ulbricht has raked in $1.8 million in Bitcoin from the sale of personal items linked to his incarceration. His prison ID card pulled in 11 BTC while an oil painting earned 1.2 BTC from the auction. Ross Ulbricht Earns Nearly $2 Million In Bitcoin From Prison Mementos As Ross Ulbricht savors the taste of freedom after over a decade behind bars, the Silk Road founder is parting ways with his items from prison. According to a listing description on Bitcoin-based marketplace Scare City, Ulbricht opted to auction the personal effects from his time in prison. “I’ve decided to auction some personal items from before my arrest and during my time in prison,” said Ulbricht. “I  don’t need the reminders and I’m sure some of you will love to havee them.” Right off the bat, bids for the items began trickling in with Ulbricht’s prison ID card… Read More at Coingape.com

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Coinbase to Start 24/7 Futures Trading for XRP And Other Alts

Monicah W

Coinbase is expanding its futures trading offerings with the introduction of 24/7 contracts for Solana (SOL), XRP, and Cardano (ADA), set to launch on June 13. This move aims to provide US traders with compliant access to altcoin derivatives, navigating the evolving regulatory landscape. XRP, SOL & ADA Futures to Trade 24/7 on Coinbase In the latest development, Coinbase announced the expansion of its 24/7 futures trading to include XRP and Solana contracts. This move builds on the platform’s existing round-the-clock trading for Bitcoin and Ethereum futures contracts. In an X post, the exchange noted, “Starting June 13, we’re enabling 24×7 trading for XRP and Solana futures, unlocking real-time access to U.S. traders, reflecting the always-on nature of crypto markets.” “The arrival of 24/7 CFTC-regulated markets is a game-changer for the industry,” said Andy Sears, CEO of Coinbase Financial Markets. Initially, Coinbase had restricted this round-the-clock trading to only Bitcoin… Read More at Coingape.com

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Pi Network 2025 Year-End Price Prediction

Monicah W

Pi Network News

The post Pi Network 2025 Year-End Price Prediction appeared first on Coinpedia Fintech News

The Pi Network price charts are showing signs of brewing tension, with the price moving in a tight range and trading volumes steadily dropping. All eyes are now on a crucial support level around $0.60. The big question — will Pi manage to hold this line, or are we about to see a sharper correction if it slips below this mark?

Current Status of Pi Coin

Launched in 2019, Pi Coin is a blockchain-based cryptocurrency that allows mining via smartphones, making it widely accessible. After years of anticipation, it was finally listed on exchanges in February 2025. Although initial expectations suggested a listing price of $50, the coin launched at around $3, only to fall to nearly $0.60 — a sharp 78% drop from its peak.

Despite this, Pi Coin still commands attention due to its unique mobile-first mining model and a massive user base of over 35 million.

Pi has been struggling to break past resistance levels near $0.79, while buyers are showing signs of hesitation at lower levels. Key indicators like the RSI, MACD, and Stochastic RSI reflect weakening momentum, with most metrics leaning bearish. Additionally, a descending wedge pattern has formed since mid-May, yet the price remains trapped inside it.

Pi Network Price Prediction For Year End

According to CoinDCX, Pi Network is expected to start November 2025 on a bullish note, reclaiming the $2.00 mark and potentially rising to around $2.38 to $2.40 by month’s end. In December, the bullish momentum may strengthen, pushing the price to $2.75 to $2.80.

Challenges Facing Pi Coin

  1. Mainnet Still Pending: Despite its listing, Pi Network’s full mainnet has not been launched. This raises doubts about its real-world capabilities and long-term viability.
  2. Limited Exchange Listings: Pi Coin is available on very few exchanges, restricting access and limiting trading volume.
  3. Regulatory Uncertainty: Like many cryptocurrencies, Pi Coin faces regulatory hurdles, adding to investor caution.
  4. Overhyped Comparisons to Bitcoin: Although some claim Pi Coin could reach $1,000 or more, such projections seem far-fetched. At that price, its market cap would exceed $6 trillion — compared to its current estimated valuation of just $500 million.

The post Pi Network 2025 Year-End Price Prediction appeared first on Coinpedia Fintech News
The Pi Network price charts are showing signs of brewing tension, with the price moving in a tight range and trading volumes steadily dropping. All eyes are now on a crucial support level around $0.60. The big question — will Pi manage to hold this line, or are we about to see a sharper correction …