Author: Monicah W

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Bittensor (TAO) Becomes the Next Pick in the Wave of Public Crypto Treasuries

Monicah W

As publicly listed companies increasingly consider accumulating digital assets as part of their financial strategies, Bittensor (TAO) is emerging as a strong contender alongside options like Bitcoin, Ethereum, Solana, and XRP.

Experts and recent moves by companies such as Oblong and Synaptogenix reinforce the belief that TAO could become a store of value.

Which Public Companies Have Chosen Bittensor (TAO) for Strategic Reserves?

Recently, Oblong, a Nasdaq-listed IT solutions provider, announced its plan to raise $7.5 million through a private stock offering. The funds will support its digital asset and AI strategy, which is based on Bittensor.

According to a press release on June 6, the company will primarily use the money to purchase TAO tokens and to develop the decentralized AI market, including Subnet 0. This strategy aims to generate yield from holding TAO. After the announcement, Oblong’s stock jumped 12%, with nearly 2 million shares sold at $3.77 each.

In addition, Synaptogenix, another Nasdaq-listed firm, revealed its plan to initially acquire $10 million worth of TAO, more than double the company’s current market capitalization.

“Based on our initial review, we believe the fixed market supply of 21 million TAO tokens alongside rapidly increasing global demand for AI development and adaptation makes TAO a compelling cryptocurrency,” Joshua Silverman, Chairman of the Board, said.

Synaptogenix has set a long-term goal to increase its TAO holdings to $100 million. The effort is led by well-known crypto and AI expert James Altucher.

Altucher emphasized that this strategy focuses not just on potential profits from staking and token price growth. It also aims to rebrand the company’s name and stock ticker to reflect its TAO-based digital asset strategy. This demonstrates Synaptogenix’s strong belief in Bittensor’s long-term potential.

Oblong and Synaptogenix’s moves come as other companies are choosing Solana (SOL), XRP, or Ethereum as strategic reserves.

Analyst Predicts TAO Could Become a Top 3 Altcoin

Many industry experts also share a positive outlook on TAO. Their confidence is driven by the fact that Bittensor operates a token economy with a fixed supply, similar to Bitcoin, and incentivizes participation and contributions to the network.

A recent report by BeInCrypto showed that the number of subnets on TAO has reached a new all-time high. Institutional investors are also beginning to eye TAO for its staking returns.

“TAO is the only project that has the necessary ingredients to get to the level of BTC. Top 3 is inevitable,” hedge fund manager Pedro Teixeira, predicted.

According to data from CoinMarketCap, TAO is currently the top altcoin among AI tokens, with a market cap of over $3.8 billion. It also holds a leading position in Grayscale’s AI Sector. Meanwhile, AI tokens continue to be one of the most prominent themes in the market today.

Bittensor (TAO) Price Performance. Source: BeInCrypto.
Bittensor (TAO) Price Performance. Source: BeInCrypto.

At the time of writing, TAO is priced at $434, up 25% since the beginning of the month. However, to overtake XRP and become a top 3 altcoin—as Pedro Teixeira predicts—TAO’s price would need to increase fivefold.

That said, this expectation may face headwinds. Bitcoin dominance is on the rise again in June, and altcoin season has yet to arrive. Furthermore, some experts warn of risks if the trend of public crypto vehicles spreads widely to altcoins beyond Bitcoin.

The post Bittensor (TAO) Becomes the Next Pick in the Wave of Public Crypto Treasuries appeared first on BeInCrypto.

News

Bitcoin Price Rise To New All-Time High Could Be Hindered By Rising CPI

Monicah W

Bitcoin’s price has surged over the last few days, reigniting hopes of reaching a new all-time high (ATH). As of the latest price action, BTC is just inches away from breaching the $110,000 resistance. 

Despite the strong momentum, Bitcoin may struggle to form a new ATH if external factors such as the upcoming CPI report is weighed in.

Bitcoin Investors’ Greed Rises

Trader sentiment has been on the rise recently, signaling an increase in optimism. However, this shift toward bullishness could be a warning sign of an impending market top. As Bitcoin enters the Greed zone, it raises concerns that the asset could be overbought. Historically, this has been a signal that Bitcoin’s price is reaching its peak, and a reversal could follow soon after.

While the market sentiment may suggest a continuation of the bull run, Bitcoin has often extended its rise even while in the Greed zone. This mixed signal has left investors uncertain, as the typical pattern of a market top may not always apply. As Bitcoin inches closer to its $110,000 resistance, the heightened optimism could also set the stage for a price correction.

Bitcoin Sentiment
Bitcoin Sentiment. Source: Santiment

Bitcoin’s macro momentum is heavily influenced by the upcoming Consumer Price Index (CPI) report, scheduled for release on June 11. The CPI for May is forecasted to rise by 0.2%, which would increase the year-over-year (YoY) inflation rate from 2.3% in April to 2.5%. This increase could contribute to market uncertainty, especially if inflation remains higher than expected.

Additionally, recent selling behavior in the market has contributed to a more cautious investor outlook. The rising red bars on the chart indicate rising Bitcoin sales by investors.

This, combined with the CPI data, could lead to bearish sentiment, prompting a decline in Bitcoin’s price. Investors may adjust their positions, anticipating that the rising inflation could negatively impact Bitcoin’s growth, especially if market expectations are not met.

Bitcoin Exchange Net Position Change.
Bitcoin Exchange Net Position Change. Source: Glassnode

BTC Price Is Close To A New High

Bitcoin’s price is currently at $109,480, just below the critical $110,000 resistance. Although BTC briefly crossed this resistance in the past 24 hours, the broader market signals suggest a potential price drop. With rising trader sentiment and the looming CPI report, Bitcoin could struggle to maintain its current level.

If the CPI report fails to meet investor expectations, Bitcoin could drop to its next support level of $108,000. This decline would be in response to the bearish sentiment surrounding the potential inflation rise. A failure to break above the $110,000 resistance could signal a more prolonged downturn for Bitcoin’s price, sending it to $108,000 or $106,265, wiping a chunk of the recent gains.

Bitcoin Price Analysis.
Bitcoin Price Analysis. Source: TradingView

On the other hand, if the CPI report comes in below expectations, showing a YoY inflation rate of 2.1% instead of 2.3%, Bitcoin could experience a bounce back. In this case, securing $110,000 as support could lead Bitcoin toward its ATH of $111,980 and beyond. A positive CPI report would likely renew investor confidence, pushing Bitcoin to new highs and invalidating the bearish outlook.

The post Bitcoin Price Rise To New All-Time High Could Be Hindered By Rising CPI appeared first on BeInCrypto.

Chainlink Powers Cross-Border Fund Transfers Between Hong Kong and Australia

Monicah W

Chainlink is playing an advanced role in Hong Kong’s push for cross-border payment functionality for its central bank digital currency (CBDC) experiments. Leaning on Chainlink’s infrastructure, participants in the pilot will attempt to move tokenized funds between Australia and Hong Kong. Chainlink Facilitates Cross-Border Digital Currency Exchange Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has been tapped

The post Chainlink Powers Cross-Border Fund Transfers Between Hong Kong and Australia appeared first on CoinGape.

US Senate To Have Another Cloture Vote On GENIUS Act This Week

Monicah W

The US Senate is preparing for another key vote on the GENIUS Act, a bipartisan bill aimed at establishing federal rules for stablecoins. This vote could occur as soon as Wednesday, June 11, following a procedural motion filed by Senate Majority Leader John Thune. The bill is seen as a major step in regulating dollar-pegged

The post US Senate To Have Another Cloture Vote On GENIUS Act This Week appeared first on CoinGape.

Top Reasons Why Ethereum (ETH) Price Will Reach $2,800 This Week

Monicah W

Top Reasons Why Ethereum Price Rally is on the Cards

The post Top Reasons Why Ethereum (ETH) Price Will Reach $2,800 This Week appeared first on Coinpedia Fintech News

As Bitcoin (BTC) price rallied above $110k on Monday, June 9, Ethereum (ETH) price jumped over 7 percent in the last 24 hours to trade about $2,686 during the late North American trading session. The large-cap altcoin, with a fully diluted valuation of about $323 billion and a 24-hour average trading volume of around $19 billion, rebounded from the lower border of a consolidation level of around $2,480.

As a result, the ETH price has been retesting a crucial local resistance level around $2,681, whereby the Ether price was rejected four times in the past four weeks.

Major Reasons Ethereum Price Will Rally Higher This Week

Strong Institutional Adoption and ETF Flows

According to market data analysis from CoinShares, Ethereum’s investment product dominated last week’s cash inflow with about $296 million. Notably, Ether’s investment product outpaced Bitcoin’s, which recorded a net cash outflow of about $56.5 million last week.

As Coinpedia had reported, BlackRock’s ETHA has recorded significant cash inflows in the past two weeks, suggesting a strong demand from institutional clients. 

Altseason Sentiment 

Ethereum price is well positioned to rally towards a new local high this week fueled by the rising narrative of altseason 2025. With Bitcoin dominance signaling an imminent market reversal, more crypto investors are betting on a major altcoin rally in the near future.

Furthermore, the ETH/BTC pair is heavily oversold in the weekly timeframe, amid the recent market reversal.

Regulatory Clarity 

Earlier on Monday, the U.S. Chair Paul Atkins highlighted that American crypto investors have the right to self-custody of crypto assets. Additionally, Chair Atkins highlighted that a new and clear set of DeFi regulations are needed to foster the development of the nascent blockchain technology.

With Ethereum harboring the largest DeFi space, with a total value locked (TVL) of about $63 billion and a stablecoins market cap of around $124 billion, the altcoin is well positioned to rally further in the near future.

The post Top Reasons Why Ethereum (ETH) Price Will Reach $2,800 This Week appeared first on Coinpedia Fintech News
As Bitcoin (BTC) price rallied above $110k on Monday, June 9, Ethereum (ETH) price jumped over 7 percent in the last 24 hours to trade about $2,686 during the late North American trading session. The large-cap altcoin, with a fully diluted valuation of about $323 billion and a 24-hour average trading volume of around $19 …

Why is The Crypto Market Going Up Today?

Monicah W

crypto market rise

The post Why is The Crypto Market Going Up Today? appeared first on Coinpedia Fintech News

The cryptocurrency market is back in action today, with a sharp rally across major coins like Bitcoin, Ethereum, and Solana. At the time of writing, the total crypto market capitalization has jumped to $3.43 trillion, showing a healthy 4.22% rise in the past 24 hours. Investor sentiment has also turned positive. The Fear & Greed Index now reads 64, firmly in ‘Greed’ territory — a clear sign that traders are feeling confident about the market’s direction.

So, what’s fueling this rally? Let’s break it down.

Bitcoin Leads the Charge

The star of the show is Bitcoin, which finally broke out of a consolidation range it had been stuck in since May 23rd. Currently trading above $109,500, Bitcoin’s breakout is being closely watched by analysts. This move was expected because of a bullish weekly candle formation called a three-inside-up pattern around the $100,000 mark. Historically, this kind of setup often leads to an 8-10% pump within a week or two.

If momentum continues, some analysts believe Bitcoin could soon touch $115,000 — or even higher.

Global Factors Also at Play

Apart from technical signals, positive news on the macro front is also helping the rally. Reports show that trade talks between the United States and China have resumed, easing global market tensions. This, combined with growing institutional interest, has boosted investor confidence.

Altcoins Follow Suit

Following Bitcoin’s lead, altcoins are also climbing. Ethereum is up over 8% this week, now trading at $2,699, while Solana and Dogecoin have surged 5% and 6.6% respectively. Interestingly, Sui (SUI) and Hyperliquid (HYPE) have posted impressive double-digit gains.

The Altcoin Season Index, however, remains at 30 out of 100, meaning that while altcoins are rallying, a full-fledged alt season hasn’t arrived yet.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Why is The Crypto Market Going Up Today? appeared first on Coinpedia Fintech News
The cryptocurrency market is back in action today, with a sharp rally across major coins like Bitcoin, Ethereum, and Solana. At the time of writing, the total crypto market capitalization has jumped to $3.43 trillion, showing a healthy 4.22% rise in the past 24 hours. Investor sentiment has also turned positive. The Fear & Greed …

XRP Price Prediction For June 10

Monicah W

XRP price prediction

The post XRP Price Prediction For June 10 appeared first on Coinpedia Fintech News

The price of XRP is rising today, up by more than 2%, currently trading around $2.30. This move is in line with a broader recovery in the crypto market, with Bitcoin climbing steadily and Ethereum leading the pack with an 8% surge. As Ethereum moves higher, many smaller altcoins like XRP are following the trend.

XRP also continues to display a bullish divergence, a signal where the price makes lower lows, but indicators like the RSI show higher lows. This often hints at a possible price bounce.

XRP Finds Support, Eyes New Targets

Looking at the daily charts, XRP recently bounced off a key support zone between $2.00 and $2.10. This area has proven strong in the past, with prices rebounding from here several times. 

If the price falls below $2.00, analysts warn that it could drop toward $1.92-$1.95, and possibly as low as $1.80. But for now, the bullish momentum is holding.

Bullish Pattern Taking Shape

A positive sign for XRP is the formation of a double bottom pattern — also known as a W pattern — on the charts. This pattern often signals a potential upward breakout. If this pattern plays out fully, the next price target would be around $2.44.

However, before reaching that level, XRP could face some resistance near $2.35, an area that previously acted as both support and resistance.

Long-Term Outlook: Could $5 Be Next?

XRP appears to be in the middle of a fifth wave to the upside. This wave started in April after a market correction and could possibly push prices above $5.00 in the coming months, provided current support levels hold.

If XRP stays above the April lows and maintains its upward structure, analysts believe the bullish trend could continue. However, a break below those key support areas might delay the rally, meaning that the market is still working through a correction phase.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post XRP Price Prediction For June 10 appeared first on Coinpedia Fintech News
The price of XRP is rising today, up by more than 2%, currently trading around $2.30. This move is in line with a broader recovery in the crypto market, with Bitcoin climbing steadily and Ethereum leading the pack with an 8% surge. As Ethereum moves higher, many smaller altcoins like XRP are following the trend. …

Pi Network News: June 28 Dubbed ‘Day of Great Expectation’ by Pioneers

Monicah W

Pi Network News Is Pi Coin Price Up for a Breakout or a Breakdown

The post Pi Network News: June 28 Dubbed ‘Day of Great Expectation’ by Pioneers appeared first on Coinpedia Fintech News

The Pi Network community is rallying ahead of June 28, 2025, a date now labeled as the “Day of Great Expectation”, calling on the Pi Core Team to finally recognize the Global Consensus Value (GCV) as the true worth of PiCoin. After over six years of dedication from millions of users, known as Pioneers, this moment is seen as the project’s biggest turning point.

A Community-Built Value System

GCV isn’t just a number. Since 2022, it has formed through real-world use cases, not speculation, as Pioneers exchanged goods and services using PiCoin in a closed-loop economy. It reflects a community-agreed value rather than market prices listed on centralized exchanges. Crypto advocates, including @gfc199 and others, argue that this bottom-up value model is what kept the project alive during years of development. 

The Numbers Behind the Concern

According to the analyst, most Pioneers hold fewer than 300 PiCoin. With exchange prices hovering around just $0.63, this means their holdings are valued at less than $200, far from the life-changing potential many had envisioned. The fear now is that if the Core Team remains silent on GCV or continues to delay its recognition, Pioneers may lose faith entirely. This could trigger a mass sell-off and further disconnect from the network.

A Call to Action Before It’s Too Late

The upcoming Pi Day 2 celebration could serve as a key inflection point for Pi cryptocurrency. Scheduled for June 28, this event, also known as Tau Day, is expected to reignite discussion around the project and may include major announcements from the Pi Core Team.

According to the crypto analyst Dr. Altcoin, the Pi market is consolidating ahead of Pi Day 2, with a potential recovery expected as unlocks slow and investor confidence builds.

Interestingly, recognizing GCV isn’t about bending to pressure; it’s about honoring the years of effort poured into the project by its most loyal supporters. The future of PiCoin, according to analysts and community voices alike, now hinges on whether the Core Team listens to this call.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Pi Network News: June 28 Dubbed ‘Day of Great Expectation’ by Pioneers appeared first on Coinpedia Fintech News
The Pi Network community is rallying ahead of June 28, 2025, a date now labeled as the “Day of Great Expectation”, calling on the Pi Core Team to finally recognize the Global Consensus Value (GCV) as the true worth of PiCoin. After over six years of dedication from millions of users, known as Pioneers, this …

$10,000 XRP Prediction: Breaking Down the Math, Market Facts, and Possibilities

Monicah W

3 Major Companies Eye XRP for Strategic Reserves_ Will This Boost Its Price

The post $10,000 XRP Prediction: Breaking Down the Math, Market Facts, and Possibilities appeared first on Coinpedia Fintech News

As the financial world faces big shifts, XRP is a name that keeps coming up. With important legal updates and market developments, many are keeping a close eye on where XRP could head next. Price predictions are making the rounds, and some are turning heads.

A user on X (formerly Twitter) says that a $10,000 XRP isn’t impossible, and those dismissing the idea might be overlooking the bigger picture. According to the post, this isn’t just hype. It’s about the numbers, market dynamics, and global financial flows coming together. 

Dollar’s Decline and XRP’s Rising Role

Since 1971, the dollar has lost 96% of its value. With national debt crossing $34 trillion and over $1 trillion spent on interest payments every year, the situation is becoming unsustainable. If the Federal Reserve continues printing more money, the dollar’s value could fall even further, leading to shifts in how assets like gold, cryptocurrencies, and real estate are priced.

The Real World Asset (RWA) market could reach $16-30 trillion by 2030, given that big players, such as BlackRock and JPMorgan, are already in. These assets require speed, compliance, and cross-network support, and here’s where XRP enters. 

XRP: Built to Scale

The user said that XRP’s infrastructure is already built for institutions. Supporting this statement, the user gave examples and said that RippleNet connects 300+ banks, ODL is active across 6 continents, RLUSD is a regulated stablecoin, and Ripple Custody secures digital assets.

If XRP handles just a slice of global FX, tokenized assets, and debt markets, even at modest transaction speed, it could skyrocket. Its limited supply and high demand could send the price soaring.

Is It Just A Wild Prediction?

For XRP to reach $10,000, its total value would need to be around $530 trillion, which is not realistic. So, unless XRP powers nearly all global finance, that price is highly unlikely anytime soon.

Short Term Price Targets

XRP is currently trading at $2.30, up 2.7% in the past 24 hours. Analyst Steph is Crypto has shared a bullish XRP chart showing a breakout ahead. 

As per the chart, XRP is finishing its Wave 4 consolidation and could soon launch into Wave 5 with a major rally. Price targets include $5.36, $11.28, $23.73, and even as high as $37.55 based on Fibonacci levels.

The post $10,000 XRP Prediction: Breaking Down the Math, Market Facts, and Possibilities appeared first on Coinpedia Fintech News
As the financial world faces big shifts, XRP is a name that keeps coming up. With important legal updates and market developments, many are keeping a close eye on where XRP could head next. Price predictions are making the rounds, and some are turning heads. A user on X (formerly Twitter) says that a $10,000 …

News

Is Solana Back on the Bullish Track or More Corrections to Come?

Monicah W

Solana (SOL) has a market cap above $80 billion but is down over 10% in the last 30 days. Despite a recent bounce, its price has stayed below $170 since May 29. The RSI has recovered to 54.51 but failed to break above 60, showing limited bullish strength.

The Ichimoku Cloud remains red and thick, signaling strong resistance ahead. The Tenkan-sen has crossed above the Kijun-sen, but the price is still inside the cloud. The EMA structure is still bearish, with short-term lines below long-term ones. Solana needs stronger momentum to break out and confirm a trend reversal.

Solana RSI Rebounds but Struggles to Cross 60 Threshold

SOL is showing early signs of a momentum shift, with its Relative Strength Index (RSI) currently at 54.51—up significantly from 39.26 just three days ago.

Since yesterday, RSI has been attempting to break above the 60 level, a threshold that often signals stronger bullish momentum.

While the climb from sub-40 levels suggests recovering buyer interest, the RSI remains stuck in the neutral zone for now, indicating hesitation among bulls to fully reclaim control.

SOL RSI.
SOL RSI. Source: TradingView.

The RSI is a widely used momentum indicator that ranges from 0 to 100. It is designed to measure the speed and change of price movements.

Readings above 70 typically indicate overbought conditions, while readings below 30 signal oversold levels. A value around 50 is considered neutral.

With SOL’s RSI currently at 54.51, the market is cautiously bullish, but a failure to push beyond 60 may limit further upside in the short term.

SOL Battles Resistance Within Bearish Ichimoku Cloud

Solana price is testing a critical resistance area defined by the Ichimoku Cloud. The price recently pushed into the red cloud from below, indicating an attempt to reverse the prevailing bearish trend.

However, the cloud remains thick and red—signaling that resistance is strong and the broader sentiment has yet to flip bullish.

The Leading Span A (green line) is still below the Leading Span B (red line), confirming that the cloud remains in bearish alignment.

SOL Ichimoku Cloud.
SOL Ichimoku Cloud. Source: TradingView.

The Tenkan-sen (blue line) has crossed above the Kijun-sen (red line), typically an early bullish signal. Additionally, the price is hovering around these conversion lines, showing some short-term upward momentum.

However, with the price still inside the cloud and the future cloud projecting continued resistance, SOL needs a strong breakout above the cloud to confirm a bullish reversal.

Until then, the trend remains uncertain, and the cloud’s upper boundary will act as a key hurdle.

Solana Rallies Above $150, But EMA Structure Remains Bearish

Solana price has climbed nearly 8% over the past four days, breaking above the $150 mark and showing renewed bullish interest.

Despite this rally, the EMA lines still reflect a bearish setup, with short-term averages below the longer-term ones. If the current momentum continues, SOL could push higher to test resistance at $163.76.

SOL Price Analysis.
SOL Price Analysis. Source: TradingView.

A breakout there might open the door to $169.20, and in a scenario of strong, sustained buying, the price could rally as high as $179.50—marking a potential 16.7% upside from current levels.

However, this bullish path depends on the strength of the ongoing uptrend.

If Solana fails to hold above its recent breakout level and the support at $150.65 is lost, the price could fall back toward $141.53.

The post Is Solana Back on the Bullish Track or More Corrections to Come? appeared first on BeInCrypto.