Dig Deeper, Invest Smarter
Bitcoin (BTC) is less than 5% away from revisiting its ATH as the Federal Reserve’s September rate cut odds skyrocket to 94%. Coupled with bullish technical indicators on multiple timeframes, the BTC price appears poised for an uptrend. Is $118K the next all-time high for BTC? Let’s explore price analysis and key levels to watch.
The post Bitcoin Price Aims $118K As Fed September Rate Cut Odds Soar to 94% appeared first on CoinGape.
Webus International, a Nasdaq-listed Chinese AI solutions company, announced today that it’s planning to invest up to $300 million in an XRP reserve. The firm claims that this strategy is primarily aimed at facilitating cross-border payments.
Additionally, Webus aims to use XRP to help expand an AI-native company’s other blockchain-related development ambitions. Depending on the investment’s success, the firm may incorporate on-chain solutions in several fields.
In recent months, many corporations have made serious attempts to hold substantial amounts of cryptocurrency.
Obviously, Bitcoin has been an early and enduring favorite, but certain companies have begun experimenting with altcoins like Solana. Today, one Chinese firm is innovating again by considering investing up to $300 million in an XRP reserve.
Webus is not the only Chinese company considering a massive crypto investment this month, but its XRP reserve plan seems more deliberate.
Two weeks ago, Addentax Group, a logistics firm, considered investing $800 million in BTC and TRUMP. This may have been an attempt to secure tariff relief, and Addentax barely mentioned its crypto ambitions.
On the other hand, Webus described a long-term vision for the XRP reserve in explicit detail:
“These strategic developments have the potential to create a powerful synergy between our domestic and international operations. The integration of an XRP blockchain integration has the potential to revolutionize how we handle cross-border payments for both partners and travelers worldwide,” claimed Nan Zheng, CEO of Webus.
In other words, Webus’ AI solutions cater to customers around the globe, and DeFi may help smooth over recurring problems. Chinese firms can experience difficulties with bank processing across borders, but XRP may provide a solution.
Webus mentions using the tokens for lending, shareholder guarantees, third-party credit, and other core financial interactions.
Furthermore, a $300 million investment could help an AI-specific firm access the other advantages of Web3. In addition to improving cross-chain payment operations, XRP integration will help develop the company’s blockchain infrastructure.
XRP Reserve Asset
Webus International Limited (NASDAQ: WETO), a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide, today announced two complementary strategic developments that significantly… https://t.co/xTlYUiWWxN pic.twitter.com/kpmAHEmIsJ
— Chad Steingraber (@ChadSteingraber) May 29, 2025
Webus’ press release mentions a few concrete goals like on-chain record keeping, loyalty tokens, and customer wallets.
Meanwhile, the company’s stock price has surged over 60% in after-market prices since the announcement.
XRP is already a leading cryptoasset, but $300 million is a substantial amount of money by any metric. If Webus helps integrate the token into the Chinese AI ecosystem, it could prove highly beneficial for XRP and the company.
Depending on the success of this reserve strategy, Webus could be setting a new trend for crypto’s worldwide integration.
The post Chinese AI Company To Invest $300 Million in XRP appeared first on BeInCrypto.
The post Pi Network News: Price Dips Ahead of 5M Token Unlock Today appeared first on Coinpedia Fintech News
Pi Coin is currently trading at $0.63, marking a 2% decline in the last 24 hours. After reaching a local high back in February, the price has since experienced a sharp drop and now appears stuck in a sideways trading range. The key resistance level remains at $0.70, a level Pi Coin has attempted to break several times with no success. If this threshold is breached, it could open the door to further gains, potentially above $0.80.
However, the lack of clear market catalysts makes a breakout uncertain. Ongoing token unlocks—reportedly in the millions daily—are adding constant supply pressure, which has further dampened momentum. On April 22, 4.9M Pi Coin tokens are set to unlock.
Whale Activity Sparks Interest
Despite the stagnant price action, Pi Coin is seeing major whale activity. A massive $7.5 million PI, valued at $4.82 million, was just withdrawn from OKX and transferred to a private wallet. This move follows several similar transactions in recent days. In total, the whale has acquired over $48 million PI, now worth an estimated $31 million.
Such high-volume accumulation often draws market attention and can be a bullish signal, especially if institutional or large private investors are positioning ahead of expected developments.
Long-Term Outlook Shows Potential
Looking ahead, Pi Coin still holds promise. According to projections from CoinCodex, the coin is expected to trade between $0.63 and $2.16 throughout April 2025, depending on market conditions. The forecast implies a potential return on investment (ROI) of 238.31%, driven largely by growing expectations of major exchange listings and broader adoption.
The post Pi Network News: Price Dips Ahead of 5M Token Unlock Today appeared first on Coinpedia Fintech News
Pi Coin is currently trading at $0.63, marking a 2% decline in the last 24 hours. After reaching a local high back in February, the price has since experienced a sharp drop and now appears stuck in a sideways trading range. The key resistance level remains at $0.70, a level Pi Coin has attempted to …
The post Dogecoin Price Analysis and Forecast: DOGE Price Confirms Early Bull Phase appeared first on Coinpedia Fintech News
Dogecoin (DOGE) price performed better than the rest of the top-10 altcoins by market capitalization in the past 24 hours. As Bitcoin (BTC) price teased above $97k and the total crypto market cap gained 1.2 percent in the past 24 hours to hover about $3.12 trillion, DOGE price rallied over 5 percent to trade around $0.1813 on Thursday, May 1, during the mid North American session.
The early bull phase – characterized by rising optimism and a breakout from key resistance levels – has signaled the onset of the much anticipated parabolic phase of the 2025 crypto bull cycle.
As investors adjust accordingly, amid the Wall Street quarterly earnings report and improving trade war negotiations, on-chain data shows whale investors have increased their appetite for memecoins, led by Dogecoin. According to market data from Santiment, Dogecoin investors, holding between 1 million and 10 million coins, added 100 million DOGE in the past week to currently hold about 10.55 billion coins.
The rising demand for DOGe coincides with the notable spike in its Futures Open Interest (OI) to about $1.88 billion, from about $1.31 billion on April 9, 2025. Additionally, as Coinpedia reported, the odds for a Doge ETF approval before the end of this year have significantly increased, with Polymarket’s users betting at a 68 percent approval rate.
Dogecoin price has depicted a high correlation with Bitcoin price action YTD, catalyzed by its high adoption by institutional investors. The large-cap memecoin, with a fully diluted valuation of about $26.9 billion and a 24-hour average trading volume of around $1 billion, is aiming for 26 cents, which coincides with the 200-day Moving Average Simple (SMA).
From a technical analysis standpoint, DOGE will enter its price discovery in the near future. However, the weekly MACD line must cross above the signal line and the Relative Strength Index (RSI) regains above 50.
The post Dogecoin Price Analysis and Forecast: DOGE Price Confirms Early Bull Phase appeared first on Coinpedia Fintech News
A consistent close above the resistance range between 19 cents and 20 cents will trigger a rally toward the parabolic phase for the DOGE price. The anticipated approval of spot DOGE ETF in the next few months will improve its overall liquidity, trading volume, and demand. Dogecoin (DOGE) price performed better than the rest of …
