Author: Monicah W

The American State of Missouri is set to implement a crypto tax rule that will positively impact Bitcoin (BTC), Ethereum (ETH), XRP, and other top-risk assets. This unique move will also impact stocks as the State seeks to become one of the most friendly places for crypto firms to do business. Notably, it comes when many states consider holding Bitcoin as a strategic reserve asset.

Crypto Tax: Missouri Sets New Pace for Bitcoin

As reported by Fortune, it is worth noting that the State’s lawmakers have passed the Bill to enshrine this exemption. It has now been sent to Governor Mike Kehoe for final approval. This Bitcoin tax Bill secured only Republican support despite 10 Democrats voting “Present” at plenary this past Wednesday.

If signed into law, an estimated $430 million will be cut from State revenue as the law takes effect this year. The primary concern for Democrats is the shortfall in State funding, which will affect the budget. On the positive side, investors will benefit from the crypto tax allowance as they can hold their assets for much longer.

Many States in America are exploring ways to gain the upper hand in adopting digital currencies. Earlier this week, New Hampshire adopted BTC as a reserve asset after Governor Ayotte signed Bill HB 302 into law.

Under this provision, 5% of the State’s treasury funds can be invested in Bitcoin. Notably, any asset with a market capitalization above $500 billion may also benefit.

Crypto Gaining Traction In the US

The digital currency ecosystem is gaining significant traction, fueling the favorable consideration of Bitcoin and crypto tax laws. While states are championing new Bills to drive Bitcoin and crypto adoption, the focus is on regulation in DC.

Despite announcing a strategic crypto reserve, much has not been said in this regard. What is visible to the industry is the pivot by national regulatory agencies toward the nascent asset class. Although the Internal Revenue Service (IRS) has not given new guidance on Bitcoin and crypto tax, the OCC and Federal Reserve have withdrawn guidance restricting banks from engaging in digital currency activities. 

This makes the Missouri Bitcoin tax move a strategic one. While the exemption might benefit investors in the short term, it may also attract new crypto companies to the state. This will ultimately position the State to benefit in other key areas in the long term.

With this pioneering move, other States may follow Missouri in the quest to become a Bitcoin tax haven.

The post This US State Just Became A Crypto Tax Haven: Details appeared first on CoinGape.

The BTC price is again eyeing a breakout to new all-time highs (ATHs). This time, a potential agreement between the US and China in the ongoing trade war talks looks likely to be the catalyst. The flagship crypto blasted past $104,000 following Donald Trump’s statement on the “good meeting” between the two largest economies.

Donald Trump Says The US And China Had A Good Meeting

In a Truth Social post, Trump stated that they had a very good meeting with China on May 10 in Switzerland. He further remarked that they discussed many things and agreed on several things. He added that both sides negotiated a total reset in a “friendly, but constructive manner.”

The president also mentioned that he wants to see China open up to American business for the good of both China and the US. Donald Trump again affirmed that they have made great progress.

His statement comes just as CoinGape reported that the first round of the US China trade talks concluded without an official announcement of an agreement. As a result, both sides plan to continue trade talks on May 11, with US Treasury Secretary Scott Bessent and US Trade Rep Jamieson Greer leading discussions for the Americans.

It is worth mentioning that the Bitcoin price surged past the $104,000 resistance following Trump’s statement. The president’s statement undoubtedly provides optimism that the US and China could soon reach an agreement, which would be bullish for BTC and other crypto assets.

Market expert and president of the ETF Store, Nate Geraci, also commented on the BTC price action following Donald Trump’s statement. He noted that Bitcoin is pushing to the $105,000 price level and could soon make a run at its all-time high.

In line with this, he stated that the flagship crypto’s performance is undoubtedly on the radar of institutional investors and allocators. The expert added that he is highly interested in watching the Spot Bitcoin ETF flows over the next several weeks, which could be significant.

BTC Price Could Soon Hit New ATH

Crypto analyst Titan of Crypto has suggested that the BTC price could soon hit a new ATH amid Donald Trump’s statement. In an X post, he stated that a Bitcoin bullish crossover is happening. The analyst added that the MACD is flipping bullish on the weekly chart.

Titan of Crypto also revealed that BTC’s momentum is shifting, which could be the start of a bigger move. His accompanying chart showed that the Bitcoin price could rally to as high as $135,000 on this move.

A CoinGape market analyst also indicated that a BTC rally to $120,000 may be imminent. Based on the analysis, a breakout above $105,000 could ignite a rally toward the $112,000–$120,000 range.

The post BTC Price Eyes New ATH As Donald Trump Comments On “Good Meeting” With China appeared first on CoinGape.

Ripple (XRP) price consolidates below $2.5 on Saturday, May 11, with gains capped at 5%. The Fear and Greed indicator hinting at volatile days ahead as US and China begin trade talks to mitigate ongoing reciprocal tariffs.

Ripple (XRP) Stalls Below $2.50 as Traders Book Profits on SEC Settlement

Ripple (XRP) failed to keep pace with rival Layer-1 tokens after its headline $50 million settlement with the U.S. SEC.

Traders used the news-driven rally to realize gains, triggering a stall below the $2.50 resistance.

XRP price gains on Saturday were capped at 5%, trailing behind Ethereum and Cardano with 10.5% and 7% upticks respectively, according to the latest data from CoinGecko.

Despite the underperformance, XRP trading volume remains elevated. Weekly average volumes are trending 38% above the 30-day mean.

Momentum indicators on the 7-day and 14-day charts still show double-digit price growth.

This signals strong underlying demand and investor confidence, setting up a consolidation base for potential breakout.

The $2.50 mark remains a psychologically significant resistance level.

XRP has tested this threshold three times in the past month, each time retreating on increased sell pressure.

Rather than slide below the $2 mark, positive sentiment from the SEC settlement and Trump’s softening stance on trade deals may trigger another Ripple price leg-up in the coming sessions.

US-China Trade Talks in Switzerland Could Lift XRP Sentiment

Simultaneously, diplomatic overtures between the U.S. and China are drawing investor attention. Trade envoys met in Geneva Saturday for tariff negotiations.

US Treasury Secretary Scott Bessent leads the American delegation, with Vice Premier He Lifeng heading the Chinese side.

The talks follow months of economic escalation. A 145% U.S. tariff wall on Chinese imports and Beijing’s 125% countermeasures have suppressed bilateral trade volumes. Goldman Sachs projects these tariffs will double U.S. inflation to 4% by year-end. Even halving the current rates may not restore normal trade flows.

Market participants are closely monitoring statements from Washington.

“80% Tariff on China seems right! Up to Scott B,” Donald Trump posted on Truth Social, signaling both pressure and flexibility from tariffs of up-to 150% currently levied on certain imports from China.

Trump’s softening stance on trade policy and aggressive calls for Fed rate cuts continue to impact capital flows, investor risk appetite and global market sentiment positively.

XRP Fear and Greed Index Enters Extreme Greed Zone

Ripple’s market sentiment is signalling overheating. The XRP-specific Fear and Greed Index shows a current reading of 78, firmly in “Greed” territory. This marks a sharp uptick from  the monthly timeframe low values of 49 just seven days ago.

Key indicators like price impulse, social sentiment, and volume are all flashing “Extreme Greed.” Only whale concentration and network dominance lag behind, indicating some institutional caution.

This sentiment trend, coupled with geopolitical optimism and strong technical support at $2.25, could set the stage for XRP to challenge the $2.50 resistance once again.

Should Ripple price continue to consolidate above that threshold, the path to $3 becomes more realistic, especially if trade negotiations progress or capital rotation from Bitcoin accelerates.

XRP Price Forecast Today: Bulls to Target $2.75 if XRP Clears Mid-Keltner Channel

XRP price is holding firm above $2.44 on May 11, showing resilience after briefly touching an intraday high of $2.48.

Despite a mild 1.2% pullback on the daily close, the structure remains decisively bullish.

XRP trades above the midline of the Keltner Channel at $2.24, which now acts as dynamic support, while the upper band at $2.45 remains within reach, hinting at latent upside pressure.

Notably, the BBTrend oscillator has surged to 6.08, confirming a shift in directional strength that supports continuation rather than exhaustion.

Volume remains elevated at 8 million XRP, aligning with increasing buying momentum over the last three sessions, suggesting that institutional flows and larger holders are accumulating.

With XRP maintaining a strong posture above the 20-day mean, bulls are likely to test the psychological $2.50 barrier again, aiming next for $2.75. The breakout candle from May 9 remains intact, indicating follow-through is still in play.

Bitcoin forecast today also leans bullish, trading at $63.4K with RSI near 57 and holding above its 50-day EMA.

XRP typically follows Bitcoin’s macro sentiment, and with BTC showing no signs of reversal, XRP’s breakout remains technically supported. In the short-term, bearish risks may re-emerge if XRP price breaks below $2.24, invalidating the current channel breakout.

The post XRP Price Analysis: Ripple Markets Enters 78% ‘Extreme Greed’ as US-China Trade Talks Begin in Switzerland appeared first on CoinGape.

Veteran trader Peter Brandt has identified a chart pattern in Ethereum price that he believes may lead to a major price move. Known for his critical views on Ethereum, Brandt stated that the current congestion pattern on the ETH monthly chart could support what he called a “moon shot.”

Brandt shared the analysis on his social media, noting that ETH has been trading within a long-term symmetrical triangle pattern since 2021. This formation often appears during market consolidation and can lead to a strong price breakout if confirmed.

Ethereum Price Structure Suggests Breakout  to $6000

According to Peter Brandt’s chart, Ethereum price has formed a large symmetrical triangle pattern on the monthly timeframe. This pattern is made of lower highs and higher lows, compressing ETH’s price into a narrowing range. The upper boundary connects the highs from 2021 and 2024, while the lower boundary has formed from the 2022 bottom and recent 2025 lows.

Brandt pointed out that this pattern could be the base for a large upward move. “This congestion pattern could support a moon shot,” he stated. He also mentioned that he generally avoids commenting positively on  Ethereum price but sees technical strength in the current chart structure.

The ETH price bounced from the lower support of the triangle around $1,728 and $2,150 and closed the May 2025 bar at $2,314.46, with a monthly gain of $520.49. Brandt added that if  Ethereum price breaks above the triangle resistance around $2,850–$2,900, the price could reach between $5,600 and $6,000.

ETH Price Pattern Matches 2020 Breakout Structure

Some analysts, such as Trader Tardigrade, have pointed out a repeating pattern from 2020. ETH formed a similar ascending triangle in 2020, followed by a strong rally from below $150 to above $400 in a few months. The current 2025 chart mirrors that setup, with a horizontal resistance level and rising support trendline.

The breakout in 2025 has been marked by a strong bullish candle and an implied rise in buying volume, adding credibility to the move. Ethereum price is currently forming a parabolic support curve under its price, similar to the 2020 structure that led to a multi-month rally.

According to the projection path from the triangle’s height, ETH could move toward $3,800 and beyond if the current breakout holds. Moreover, Institutional developments are also contributing to growing interest in Ethereum. This week, BlackRock filed for an Ethereum ETF with staking capabilities after the ETH upgrade, fuelling hopes of hitting a new ATH.

Whale Activity Add to Interest

While ETH continues its upward movement, on-chain data shows that accumulation wallets are receiving record inflows. A large blue bar on the chart signals the highest single-period inflow into accumulation wallets in ETH’s history since 2017. Despite this, the current Ethereum price is still 47% below its all-time high of $4,891 set in November 2021.

Recent whale activity has also attracted attention. A wallet linked to the Ethereum ICO has sold thousands of ETH in recent weeks. The ICO participant originally bought 76,000 ETH at $0.31 each and has been steadily liquidating holdings, including 1,900 ETH sold on Kraken for $4.44 million.

In addition, Brazil’s B3 exchange has announced that it will list ETH and SOL futures in mid-June, expanding crypto derivatives trading in Latin America. This move comes as the market sees higher stablecoin supplies and improved investor sentiment due to expectations of U.S. interest rate cuts.

The post Veteran Trader Peter Brandt Calls Ethereum “A Moon Shot” appeared first on CoinGape.

Solana’s price is hurtling toward the $180 resistance mark at breakneck speed, sparking fresh belief in a breach. This time, investors have their eyes peeled on a textbook cup-and-handle pattern tipped to send SOL to a new all-time high.

Solana Price Targets A Rally Beyond $180 Again

Solana price is making a play to retest the $180 psychological level after previous attempts failed to breach the glass ceiling. According to an X post by pseudonymous cryptocurrency analyst Crypto Virtuous, Solana is approaching the “scary region” again.

The last time Solana price tested the $180 level, prices took a hit and nearly fell below $100. However, after picking itself gingerly in a rally that sees it gain over 20% over the last week, the $180 psychological level is in sight yet again. A push to $180 is on the cards for Solana after DEX volumes surpassed $500 million in 2025.

“This is a scary region but I’m sure we’re breaking this one this time,” said Crypto Virtuous.

The crypto analyst is hinging his belief in Solana price breaching $180 on a classic cup and handle pattern forming on charts. The bullish pattern on the charts is stoking fresh enthusiasm for the Solana price, with Crypto Virtuous predicting a price spurt beyond $180. He argues that if prices breach the resistance formed by the cup’s rim, a big break toward $510 is a real possibility.

Institutional Interest Surges Following A 52% Monthly Price Spurt

According to CoinMarketCap data, the Solana price has spiked by 52% over the last month in a strong show of recovery. SOL’s weekly price performance reflects a similar spike for the asset, garnering 20% over the last seven days.

While daily charts reflect a modest 2% gain, Solana price reached a 24-hour high of $179.62 as bulls tie their bootlaces to retest the $180 psychological level. Amid the impressive price performance over the last week, institutional interest in SOL is heating to a boil.

For starters, SOL Strategies and DeFi Dev Corp have scooped over 200,000 SOL, sending their holdings above 395,000 SOL respectively. Apart from a frenzied accumulation spree, institutions are turning to Solana for enterprise utility, citing its speed and low fees compared to Ethereum.

Robinhood is considering Solana for its ambitious plans to tokenize US stocks for its EU clients. Driven by renewed institutional interest and sky-high retail appetite, Solana’s monthly transaction volume has surged beyond 1.5 billion.

The post Solana Price Eyes Breakout Above $180 Resistance As Cup And Handle Pattern Forms appeared first on CoinGape.

The post XRP, PEPE Rebound Underway, But Cardano and This DeFi Token Look Stronger appeared first on Coinpedia Fintech News

The crypto market pulses with activity as XRP tests key resistance levels, PEPE hints at a bullish reversal, and Cardano edges closer to a golden cross. Yet amid these developments, Rexas Finance (RXS) emerges as a standout contender, leveraging real-world asset tokenization to redefine blockchain utility. While XRP battles the $2.22 resistance and PEPE eyes a potential double-bottom breakout, RXS has already surged 6.6x during its presale, drawing $48 million from investors eager to capitalize on its transformative vision.  

XRP Price Tests Crucial Resistance  

XRP hovers near $2.15, consolidating within an ascending triangle pattern. Analysts highlight the $2.22 resistance as a critical threshold, with a breakout potentially propelling the token toward $2.40. The Moving Average Convergence Divergence (MACD) tilts bullish on 4-hour charts, and the Relative Strength Index (RSI) at 60 leaves room for upward momentum. Legal clarity from Ripple’s recent $125 million settlement with the SEC adds optimism, but uncertainty lingers. While XRP’s technicals suggest growth, its reliance on broader market sentiment contrasts sharply with Rexas Finance’s tangible use cases.  

PEPE Coin Eyes Reversal Amid Bullish Patterns  

PEPE’s price action reveals a double-bottom formation, with analysts predicting a 100% surge if it breaches the $0.000092 neckline. The Relative Strength Index (RSI) inches toward neutrality, and a falling wedge breakout hints at renewed momentum. Despite these signals, PEPE remains tethered to meme coin volatility, lacking the foundational utility driving projects like RXS.  

Cardano’s Golden Cross Signals Accumulation  

Cardano’s 10% weekly gain aligns with a rising Average Directional Index (ADX), signaling trend strength. Whale wallets show tentative accumulation after hitting a 14-month low, and a looming golden cross could ignite a rally toward $0.70. However, ADA’s trajectory hinges on broader adoption—a challenge Rexas Finance sidesteps by directly linking blockchain innovation to real-world assets like real estate and commodities.  

Rexas Finance Bridges Real-World Assets and Blockchain  

Rexas Finance dismantles barriers to global investment by tokenizing assets like real estate and gold. Imagine a nurse in Nigeria owning a fraction of a Tokyo apartment, earning passive income through blockchain-secured ownership. This system democratizes access, enabling users to buy, sell, or fractionalize assets with a click. The $256 trillion global real estate market alone underscores RXS’s potential, positioning it to dominate the $16 trillion tokenized asset sector projected by 2030.  Rexas empowers users to tokenize assets effortlessly via its Token Builder, while its Launchpad lets projects secure funding without intermediaries. Coupled with tools like QuickMint Bot for instant asset conversion and AI Shield for fraud detection, RXS erases complexities plaguing traditional finance.  

CertiK-Audited Security Fuels Presale Momentum  

Rexas prioritizes trust, undergoing rigorous CertiK audits to validate its smart contracts. Investors have responded emphatically: 92.2% of the 500 million RXS presale allocation sold out, raising $48.1 million. A whale recently snapped up 750,000 RXS ($150,000) at $0.20 per token, anticipating gains post-listing. With the final presale stage priced at $0.20 and a confirmed $0.25 listing price in 2025, RXS offers a 25% upside at launch—and analysts project a $10+ valuation as adoption accelerates.  

Why Rexas Finance Stands Out  

While XRP and Cardano hinge on market sentiment, RXS thrives on utility. Its $1M “Rexas Millionaire Giveaway” amplifies visibility, rewarding 20 winners with $50,000 each. Listings on CoinMarketCap and CoinGecko bolster credibility, and plans to debut on three top-tier exchanges promise liquidity. By rejecting VC funding in favor of public presale access, Rexas aligns incentives with everyday investors.  Rexas Finance delivers substance. From fractional Tokyo apartments to AI-driven security, RXS isn’t just riding trends—it’s building the future. As the presale’s final stage nears completion, the window to join this revolution narrows.

For more information about Rexas Finance (RXS) visit the links below:

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

The post XRP, PEPE Rebound Underway, But Cardano and This DeFi Token Look Stronger appeared first on Coinpedia Fintech News
The crypto market pulses with activity as XRP tests key resistance levels, PEPE hints at a bullish reversal, and Cardano edges closer to a golden cross. Yet amid these developments, Rexas Finance (RXS) emerges as a standout contender, leveraging real-world asset tokenization to redefine blockchain utility. While XRP battles the $2.22 resistance and PEPE eyes …

The post XRP Price Prediction For May 2025 As Bitcoin Price Hits $105000 appeared first on Coinpedia Fintech News

Bitcoin recently surged past $104,000, briefly touching $105,000, a level not seen in months. Analysts say this rise could be linked to recent comments by the U.S. President Donald Trump, who announced a major breakthrough in the U.S.-China trade talks. If this reset is real, it could lift investor confidence across global markets.

Experts believe that this positive news might remove economic uncertainty and push markets even higher. As global liquidity increases, risk assets like cryptocurrencies are expected to follow.

Bitcoin Dominance Falling, Altcoins Rising

Bitcoin’s dominance—its share of the total crypto market—is dropping, which often signals a shift toward altcoins. A similar pattern happened in late 2024, just before a major altcoin rally. If the trend continues, May and June could be very bullish months for crypto investors.

Ethereum has already climbed nearly 40% in just a week and is trading above $2,500. Altcoins tend to follow Bitcoin’s movement, and with BTC on the rise, many believe altcoins are about to surge as well.

At the same time, USDT dominance (how much of the market is held in the Tether stablecoin) is decreasing. This means more investors are moving their money from stablecoins into crypto assets—another positive sign for the market.

XRP Could Be Ready for a Big Move

Technical analysts are paying close attention to XRP, which recently broke out of a 112-day downtrend. If the rally continues, XRP could hit $2.80 soon, and potentially even set a new all-time high. Some bullish price targets suggest it could go as high as $5.65, especially if it continues to hold above key support levels.

The XRP/BTC trading pair also looks promising. It’s currently trying to break out of a “falling wedge” pattern—often a sign of a big move to the upside.

Preparing for a Potential Crypto Surge

Some analysts are predicting a local market top in June or July, with Bitcoin possibly reaching $120,000 to $130,000. If that happens, Ethereum could return to $4,000, and XRP might approach $4.00.

The post XRP Price Prediction For May 2025 As Bitcoin Price Hits $105000 appeared first on Coinpedia Fintech News
Bitcoin recently surged past $104,000, briefly touching $105,000, a level not seen in months. Analysts say this rise could be linked to recent comments by the U.S. President Donald Trump, who announced a major breakthrough in the U.S.-China trade talks. If this reset is real, it could lift investor confidence across global markets. Experts believe …