A Bitcoin Suisse board member has proposed that the Swiss central bank consider adding Bitcoin to its reserves. The suggestion highlights the potential advantages of including the cryptocurrency in the country’s financial strategy. By diversifying its assets, the Swiss central bank could benefit from Bitcoin’s growth, reinforcing Switzerland’s role as a pioneer in adopting digital assets. This proposal reflects the increasing interest in Bitcoin as a reliable store of value.
While the uncertainty persists amid US economic events, the European Central Bank has announced a 2.25% interest rate cut, influencing investor sentiments to buy crypto tokens. The crypto market has been in complete turmoil since the beginning of the year, and the Trump trade war has continuously escalated it. However, as the ECB took a significant step, the anticipation is rising for the US Fed to do the same. Before that happens and crypto turns bullish, let’s discuss the top coins that could explode.
ECB Announced 25 Basis Point Interest Rate Cut, Time to Buy Crypto Tokens?
The European Central Bank (ECB) has announced the seventh interest rate cut of the year. With a new cut of 25 basis points to 2.4%, the rate is now at the lowest level since late 2022. Although this decision came amid slowing economic growth and countering the post-pandemic spike, the crypto tokens could feel a significant upward trend.
More importantly, this could influence the Fed’s rate cut decision, which is much needed amid Trump’s tariff introduction. Experts believe this is the only way to tackle the recession odds.
Even US President Donald Trump has asked for Jerome Powell’s termination due to the delayed rate cuts. Amid this, the market is still down but could recover once this uncertainty around rate cuts, Trump tariffs, and other macroeconomic events settles.
3 Crypto Tokens To Buy That Could Explode Next
Amid millions of crypto options, Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE) are the best to buy. These are also the most trending and popular altcoins of the market and have significant utility and bullish performance potential.
Ethereum is at its lowest days, but is showing strong support for recovery in the last few days. Its status as a top cryptocurrency, high utility, ETF performance, and other factors make it a considerable buy option.
Similarly, XRP is on a bullish trajectory as the Ripple vs SEC case pauses, regulatory clarity builds, and the odds of spot ETF approval increase. Not to forget, the Teucrium launched the XRP ETF(leverage). Experts anticipate witnessing one of the biggest bullish rallies once the market recovers.
Similarly, experts like Alan predict Dogecoin’s 93-day bull run, which may push it towards the most anticipated $1 target. Its low price, high market demand, and bullish prediction make it among the most bullish crypto tokens to buy.
SOL Strategies Inc. has filed a preliminary short form base shelf prospectus with Canadian securities regulators. This filing allows the company to raise up to $1 billion in future offerings. Consequently, post the announcement Solana price has recovered, climbing above $178. SOL Strategies Files $1 Billion Shelf Prospectus SOL Strategies Inc. which focuses on investing in the Solana blockchain ecosystem, has submitted a preliminary shelf prospectus to securities regulators throughout Canada. The filing allows the company to issue common shares, warrants, subscription receipts, units, debt securities or a combination thereof. Subject to final approval, these offerings could raise up to $1 billion in total capital. The company stated that this filing enhances its financial flexibility to seize growth opportunities in the Solana ecosystem. However, SOL Strategies currently has no immediate plans to issue securities under this prospectus. Any future offerings will be detailed in a prospectus supplement filed with the… Read More at Coingape.com
Pi Network price has continued to decline and traded below the $0.8 mark amid growing concerns in the broader community. A flurry of factors appears to be affecting the investors’ sentiment, with recent trends and analysis indicating towards further slip ahead to about $0.6. However, despite that, experts remained bullish on the long-term trajectory of Pi Coin.
Pi Network Price Slips 3%: What Lies Ahead?
Pi price today was down around 3% and exchanged hands at $0.79, while its volume for the last 24 hours increased by 33% to $327 million. Notably, the crypto has touched a 24-hour low of $0.77 from yesterday, indicating the gloomy sentiment hovering in the market. Notably, an article highlighted the key reasons behind the latest Pi price dip.
Amid this, market watchers anticipate a further fall ahead, with some experts predicting a slump to even $0.6. However, despite that, the market watchers remained bullish, hinting at a potential breakout ahead.
Will Pi Coin Slip To $0.6?
A flurry of market experts anticipates a further dip in Pi Network price due to massive token unlocks ahead. According to PiScan data, a total of 105.96 million Pi will be unlocked over the next 30 days, worth around $85 million at the current price. The daily average unlock is around 3.5 million coins.
This heavy influx could significantly dampen the investors’ sentiment. Besides, a lack of clarity from the Pi Core Team has further fueled concerns. On the other hand, the lack of major listings on leading crypto exchanges like Binance, which many were anticipating, has weighed on the sentiment.
Besides, looking ahead to the next 12 months, 1.6 billion Pi Coins are set to be unlocked, with an average of 129 million per month. This trend is expected to continue until May 2028, with minimal changes. To mitigate this potential price drop, Pi enthusiasts are urging the Pi Core Team to implement measures to reduce circulation, such as burning mechanisms or smart contract features.
Expert Predicts Dip To $0.6: What’s Next For Pi Network?
Analyst bullstraders7 on TradingView noted that Pi Network price risks falling to $0.61 or even $0.6 in the coming days. This has further dampened the market sentiment, especially with soaring anticipation over a robust rally in Pi price.
However, another expert Coinvo sees this latest dip as a buying opportunity. He said that “Pi RSI divergence” is signaling towards a “massive buy signal.” Besides, he also noted that the current “Fibonacci zone” could push the crypto to a new high ahead.
Source: Coinvo, X
Considering this analysis, Pi Network price could hit a new high in the coming days. However, a recent Pi Coin price prediction hints at a potential drop to $0.54 by next month. Having said that, investors should exercise due diligence before putting their bets into the market.
