South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market or on Nasdaq. Last year, Bithumb reported a net profit of $110 million, a 560% increase from the previous year.
In the current market uncertainty, whale interest appears to have shifted to CAKE, the native token of PancakeSwap. Recently, data from the on-chain analytics firm Santiment reported that PancakeSwap leads all assets in whale activity, having skyrocketed over the past week.
Whale Activity in CAKE Surges 440%
The report revealed that the percentage change in transactions made by whale wallets holding over $100,000 worth of CAKE increased by 439.71% over the past week, followed by HEX and Mantle (MNT), which recorded jumps of 275% and 144.44%, respectively, during the same period.
Source: Santiment
However, this massive whale activity might be the reason behind CAKE’s 56% upside momentum in the past week, while major assets like Bitcoin (BTC), Ethereum (ETH), and XRP struggled to gain traction. Besides this strong rally, CAKE appears to be following a similar pattern.
Current Price Momentum
On March 22, 2025, the asset surged over 4.5% in the past 24 hours and is currently trading near $2.70. During the same period, its trading volume increased by 15%, indicating higher participation from investors and traders compared to the previous day.
With the massive price surge in recent days, CAKE has reached a crucial resistance level with a strong history of price reversals. In other words, this level has previously acted as a significant selling pressure zone.
Pancakeswap (CAKE) Technical Analysis and Upcoming Levels
According to expert technical analysis, CAKE has reached a strong resistance level at $3 and has been consolidating near this level for the past three days. Based on recent price action and historical momentum, if CAKE breaches this resistance and closes a daily candle above $3.05, there is a strong possibility that the asset could soar by 45% to reach $4.30 in the coming days.
Source: Trading View
On the other hand, if it fails to break the resistance, the asset could repeat its historical pattern and experience a price decline. Additionally, CAKE is now trading above the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that the asset is in an uptrend.
The post PancakeSwap (CAKE) Surges 56% as Whale Activity Explodes, 45% Rally Ahead? appeared first on Coinpedia Fintech News
In the current market uncertainty, whale interest appears to have shifted to CAKE, the native token of PancakeSwap. Recently, data from the on-chain analytics firm Santiment reported that PancakeSwap leads all assets in whale activity, having skyrocketed over the past week. Whale Activity in CAKE Surges 440% The report revealed that the percentage change in …
XRP price predictions are pointing towards a $5 target, with analysts forecasting significant gains ahead. As XRP continues to show strong potential, a new challenger, Remittix, is emerging as an “XRP 2.0” rival. With a predicted 12,000% surge, Remittix’s innovative cross-border payment solution could disrupt the market.
Want to know if XRP could reach $5 and why Remittix might outpace it? Read on to discover why Remittix is the next big thing in crypto.
Can XRP reach $5? Price prediction and future outlook
One of the best-performing cryptocurrencies since the bull resurgence is XRP; many experts believe its price might surge above $5. The latest market movement and strong positive signals indicate a possible advance, particularly following a breakout above important resistance levels.
After its lowest moments, XRP’s price has been gradually rising, with some projections indicating that, given the correct momentum, the coin might even reach a new all-time high.
The rising user base and institutional support the cryptocurrency receives strengthen its future. Another advantage that might provide XRP with long-term stability is concluding its legal battle with the SEC.
Although this is contingent on various elements, including market sentiment, regulatory clarity, and rising acceptance of XRP in real-world use cases, the present trend demonstrates growing confidence from investors, making the $5 aim realistic.
The big question is, when is this $5 achievable?
Remittix as XRP 2.0: The rival with a possible 12,000% increase
Although XRP is still strong, a fresh rival, Remittix, is already being referred to as “XRP 2.0” because of their similarities in key product features. With its creative PayFi system, Remittix seeks to change cross-border transactions. Customers can send money from their crypto wallets to bank accounts without any knowledge of cryptocurrencies.
The Remittix token RTX is attracting interest because of its potential. Based on its presale performance, with more than 75% of the total token supply sold, analysts estimate RTX might witness a huge 12,000% increase in the next years.
Remittix has generated almost $15 million in presale and might see its value increase as more people and companies choose crypto-to-fiat solutions. Some analysts even think it may eventually outperform XRP.
Designed for simple crypto-to-fiat transactions, the Remittix platform might become the preferred method for cross-border payments. Its meteoric surge will help establish Remittix as a fierce rival of XRP in the crypto market.
Though their methods differ, XRP and Remittix both operate in the business of enabling quick and cheap cross-border payments. With a sizable market capitalization and past usage in financial institutions, XRP is already well-known. The major benefits of XRP are high liquidity, a great network, and general acceptance.
Though being in its early years, Remittix offers something fresh and interesting. The Remittix PayFi technology is special since it lets anyone use crypto for international transactions regardless of their level of expertise in cryptocurrencies. This ease of usage could make Remittix particularly attractive to a broader audience, especially those unfamiliar with crypto.
While XRP has experienced a consistent increase, Remittix is positioned for explosive development. Though Remittix’s creative strategy may help it to eventually grab a bigger market share, XRP’s maturity compared with Remittix’s potential for a huge spike indicates both projects could flourish.
Finally, supported by rising institutional interest and increased adoption, analysts estimate that XRP and Remittix have a bright future and might rise above $5. However, Remittix is an emerging competitor that might just outshine XRP in the coming years. With its innovative cross-border payment system and the explosive growth potential of RTX, Remittix could be the new force in the crypto market.
Early involvement with Remittix, particularly during its presale phase, should be taken into consideration by investors since it’s providing returns beyond XRP’s present potential. Available for $0.0757, don’t miss the opportunity to participate in the next major cryptocurrency event, Remittix.
Discover the future of PayFi with Remittix by checking out their presale here:
The post XRP Price Prediction Points Towards $5 And 12,000% Surge For New “XRP 2.0” Rival appeared first on Coinpedia Fintech News
XRP price predictions are pointing towards a $5 target, with analysts forecasting significant gains ahead. As XRP continues to show strong potential, a new challenger, Remittix, is emerging as an “XRP 2.0” rival. With a predicted 12,000% surge, Remittix’s innovative cross-border payment solution could disrupt the market. Want to know if XRP could reach $5 …
Remittix 