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Bitget Wallet has teamed up with payments leader Mastercard and infrastructure provider Immersve to launch a new crypto-linked card that allows users to make payments directly from their digital wallets at the more than 150 million merchants that accept Mastercard globally. The product aims to drive ease of use and efficiency in the crypto card
The post Bitget Wallet Partners with Mastercard and Immersve to Introduce Zero-Fee Crypto Card appeared first on CoinGape.
Ripple President Monica Long once again caught the XRP community’s attention with her comments about the latest developments. In a recent interview, Long highlighted the recent acquisition and other key insights about the blockchain firm and its products. Besides, she also predicted 2025 to be the best year for Ripple so far, which has further boosted market sentiment.
Notably, her comments come as CEO Brad Garlinhouse also lauded a recent update, signaling a stronger global push for the firm’s financial infrastructure.
Ripple President Monica Long, in an interview with CNBC’s Arjun Kharpal, discussed the firm’s recent acquisition of Hidden Road. The blockchain firm, known for its prime brokerage services, will now play a vital role in enhancing Ripple’s core offerings—payments, custody, and asset tokenization.
Long emphasized that this move directly supports the blockchain firm’s long-standing goal of building robust financial infrastructure for enterprises. Besides, she noted Ripple’s global presence, saying they’ve built their network “brick by brick” with powerful liquidity tools and real-time settlement capabilities.
Meanwhile, she noted that the company now holds more than 60 regulatory licenses worldwide, giving it a solid advantage in delivering end-to-end financial services. Monica Long expressed particular excitement about integrating Hidden Road’s services with Ripple’s ecosystem.
She highlighted that combining prime brokerage, post-trade settlement via the XRP Ledger (XRPL), and Ripple’s institutional-grade custody can unlock major efficiencies. According to the Ripple President, these developments lay the groundwork for Ripple’s most successful year yet.
Besides, recent Ripple Director Craddock has highlighted the potential of the Hidden Road deal and explained the role of XRP Ledger (XRPL) in it.
Monica Long underlined that Ripple’s strength lies in handling the full financial flow, from liquidity sourcing to last-mile payouts. XRP and the upcoming RLUSD stablecoin will remain central to this infrastructure. With Ripple’s growing stack of services, digital asset utility is expected to skyrocket. She also stated:
“2025 is shaping up to be the best year yet for Ripple.”
Amid the positive updates from Monica Long, Ripple CEO Brad Garlinghouse welcomed the CME Group’s move to introduce XRP Futures on May 19. He said the launch may be “overdue,” but stressed that it marks a major milestone for XRP’s market maturity. Lauding the update, Ripple CEO Garlinghouse said:
“This is an incredibly important and exciting step in the continued growth of the XRP market!”
The post Ripple President Monica Long Shares Big Updates For XRP Community appeared first on CoinGape.
The post XRP Price Heading Towards the Critical Support-Will it Drop Below $2? appeared first on Coinpedia Fintech News
Lately, the XRP price has refrained from displaying massive moves with a potential to march towards the higher targets. Meanwhile, the drop in the strength of the bulls could raise some concerns for the upcoming price action. The price has been moving quietly, down by 5.34% since the start of the week after losing a similar margin during the weekend. However, the bears have held a tight grip over the rally, which suggests the support at $2 could be broken in the coming days.
The XRP price is in the state of confirming a bearish pattern in the short term as it heads towards the critical support zone around $2.04. A drop below the range is expected to initiate a further decrease. However, breaking the range could present some challenge, as the bulls have captivated the range and have prevented it from draining below the range. However, the volatility of the token has slashed hard, which suggests the price may remain consolidated for a while before initiating the next price action.
The daily chart of XRP price suggests the token is trading on a crucial support at the 200-day MA at $2.07. Although the token has triggered a rebound, the bullish divergence is yet to be validated, which could occur once the price rises above the average bands of the Bollinger. These bands are going almost parallel to each other, hinting towards a drop in the volatility as the bulls and bears are failing to exert pressure.
Meanwhile, the RSI and MACD hint towards a bearish continuation, which could raise some concerns.
The MACD, which has just risen into the positive range, triggered a bearish crossover and is heading back into the negative range. Besides, the RSI has been maintaining a steep descending trend and plunged below the average range. This suggests a significant drop in the strength of the rally that may compel the price to remain within a consolidated range. Hence, the XRP price is believed to drop below the descending trend line for a while, which could attract buying volume, but a rebound to $2.5 remains highly dependent on the volume induced.
Therefore, the buy zone for the XRP price could be around $1.85, which is a strong support and a potential reversal area, triggering an entry. A confirmed bounce from the range between $1.85 and $1.90, the targets could be $2.95 after surpassing $2.5 and later at $3.39 and $3.87.
The post XRP Price Heading Towards the Critical Support-Will it Drop Below $2? appeared first on Coinpedia Fintech News
Lately, the XRP price has refrained from displaying massive moves with a potential to march towards the higher targets. Meanwhile, the drop in the strength of the bulls could raise some concerns for the upcoming price action. The price has been moving quietly, down by 5.34% since the start of the week after losing a …
The post Ethereum Reclaims $2,000, But Weak MVRV Ratio Signals Bearish Turn: Will Bears Dominate ETH Price? appeared first on Coinpedia Fintech News
The Federal Reserve decided not to change interest rates on May 7, keeping them at 4.25% to 4.50%. This made crypto assets more appealing to investors. As a result, the market is rising today, with Bitcoin hitting $100,000. Ethereum is also going up, but experts believe STHs might soon sell to take profits. This is backed by a decline in key on-chain activity, which could lead to a price reversal soon.
In the past 24 hours, the crypto market has seen a strong surge. Bitcoin has climbed back to the $100,000 level, which it last reached in February. Ethereum also rose above $2,000, recovering from losses linked to earlier tensions between the U.S. and China.
According to Coinglass, more than $175 million worth of Ethereum positions were liquidated during this period. Of that, buyers closed $27 million in positions, while sellers saw $148 million in forced liquidations. The rise in Ethereum’s price also led to an 18% jump in open interest, now totaling $24.8 billion.
Also read: Altcoin Season is Here: XRP, ADA, SUI, ETH Rally
Ethereum’s recent gains are partly due to increased interest from large investors since April. CoinShares reported two straight weeks of money flowing into Ether-based ETFs. Some also believe the Pectra upgrade, launched on May 7, helped boost the price.
The current buying demand in the crypto market might not last long. Data from IntoTheBlock shows the MVRV ratio has dropped to 0.888, meaning many investors are selling at a loss even though prices are rising. This kind of panic selling could encourage more selling and lead to a downturn.
Still, some major players (“smart money”) are buying. Wintermute made large purchases in the last 24 hours, possibly to benefit from the surge and earn market-making fees. Similarly, Lookonchain reported that Abraxas Capital withdrew over 41,000 ETH (worth $75M) from Binance and Kraken. Despite the price rise, nearly half of all Ethereum wallets, about 65.5 million, are still holding at a loss.
Sellers are having a hard time pushing Ether below its moving averages, which suggests there’s not much pressure to sell during the upward rally. Buyers are holding the price around immediate resistance line. As of writing, ETH price trades at $2,048, surging over 13% in the last 24 hours.
Buyers may use this as a chance to break through the resistance at $2,109. If they succeed, the ETH/USDT pair could gain momentum and head above the $2,500 level. There’s a smaller hurdle at the immediate 23.6% Fib level, but it’s expected to be overcome.
On the flip side, sellers will likely try to drag the price below the moving averages. If that happens, ETH could drop to $1,734. Buyers will probably step in there, but if they can’t hold that level, the price might fall further to key support at $1,542.
As the RSI trades within the overbought region at level 78, ETH price is poised for a short-term downward correction.
The post Ethereum Reclaims $2,000, But Weak MVRV Ratio Signals Bearish Turn: Will Bears Dominate ETH Price? appeared first on Coinpedia Fintech News
The Federal Reserve decided not to change interest rates on May 7, keeping them at 4.25% to 4.50%. This made crypto assets more appealing to investors. As a result, the market is rising today, with Bitcoin hitting $100,000. Ethereum is also going up, but experts believe STHs might soon sell to take profits. This is …