The Blockchain Group is the latest company to signal an intention to increase the size of its Bitcoin holdings. The company has announced a €63 million convertible bond issuance to fund its BTC accumulation plans, mirroring Michael Saylor’s Strategy. The Blockchain Group Unveils BTC-Denominated Convertible Bonds According to a press release, French technology firm The Blockchain Group has announced a convertible bond issuance valued at €63 million. The bond, denominated in BTC and convertible into The Blockchain Group shares, will power the company’s Bitcoin accumulation plans. Per the announcement, Moonlight Capital, Fulgur Ventures, and UTXO Management participated in the bond issuance. Notably, The Blockchain Group Luxembourg will use 95% of the €63 million raised to purchase and hold Bitcoin. The remaining 5% is earmarked for operational expenses and management fees from the Bitcoin treasury. Armed with fresh capital, the company has added 590 BTC to its treasury, bringing its total… Read More at Coingape.com
The struggling Ethereum price has one key catalyst that may propel it to rocket above the psychological barrier of $2000 and beyond. This catalyst is that the Securities and Exchange Commission (SEC) may soon allow staking in spot ETH ETFs, a move that may attract more inflows from Wall Street investors. This article explores whether ETH price will hit $2k if this approval happens tomorrow.
Ethereum Price May Hit $2000 if SEC Approves ETH ETF Staking
The SEC, under Gary Gensler, approved several spot ETH ETFs in September last year. These funds have not been as successful as initially expected. Data shows that these funds have only attracted $2.47 billion in assets, bringing the total assets to $6.2 billion.
In contrast, Bitcoin ETFs have attracted over $38 billion in inflows, with BlackRock’s IBIT having $58 billion in assets. Granted, these ETFs are over 8 months older than Ethereum ones, but this trends shows that they may never catch up. This sluggish growth explains why the Ethereum price continues to underperform.
One reason for the underperformance is that Gensler rejected Ethereum ETFs with staking features. This means that ETF holders only make price-related returns. In contrast, Ethereum investors earn an annual return of at least 3%, which is higher than that of many dividend-focused ETFs.
This could change soon under Paul Atkins. The SEC met with Grayscale recently and discussed allowing this staking. Such a move would likely result in increased inflows, leading to a higher ETH price, potentially to $2,000 and above. Indeed, data show that spot Ethereum ETFs have experienced inflows over the last three days. CBOE has already applied for staking in Fidelity’s ETH ETF.
ETH Price Technical Analysis: Could Hit $2,000 and Above
The daily chart reveals that Ethereum price rose from the year-to-date low of $1,376 to the current $1,822. This rebound was notable as the coin jumped above the upper line of the falling wedge chart pattern. A wedge often leads to more gains, especially when the two trendlines are about to converge.
ETH price has jumped above the 25-day Exponential Moving Average, another positive signal. The Relative Strength Index has jumped above the neutral point at 50, and is pointing upwards.
These technicals suggest that the value of ETH will continue to rise as buyers target the crucial level at $2,000. This rebound will be confirmed once it moves from the current consolidation phase. A clear breakout to $2,000 will bring the next ETH price target to $2,140, the lowest level in August last year.
Ethereum price chart
However, a bearish ETH price forecast can be made. Indeed, a Polymarket poll shows that many traders are betting that it will drop to $1,000. Also, the Average Directional Index indicator has tilted downwards, signaling a potential downside.
Cryptocurrency exchange colossus Binance has again sent shockwaves across the broader market with its plans to delist 4 cryptocurrencies. An official announcement by the CEX on Thursday, April 24, revealed that the following tokens are to be delisted from the platform on May 2, 2025, at 03:00 UTC:
Alpaca Finance (ALPACA)
PlayDapp (PDA)
Viberate (VIB)
Wing Finance (WING)
As a result, usual market sentiments about the mentioned crypto prices remain highly bearish as one of the top crypto exchanges discontinues trading support for them.
According to Binance’s official release, the abovementioned cryptos will be delisted shortly due to a stockpile of risk factors that hamper user experience. Per the announcement, a thorough periodic review by the CEX concluded that these assets no longer meet the level of standards or industry requirements.
In response, the crypto exchange behemoth will delist the 4 tokens mentioned above. Mentioned below are some of the key factors that the exchange took into consideration before delisting the coins.
Commitment of the team towards the project.
Level and quality of development activity.
Trading volume and liquidity factors.
Stability and safety of the network from all types of malicious attacks
Level of public communication, community engagement, and transparency.
Responsiveness to our periodic due diligence requests.
Binance revealed that, based on these vital factors, among many others, the decision to remove Alpaca Finance, PlayDapp, Viberate, and Wing Finance spot trading pairs was taken. Moreover, ‘Trading Bots’ services for the same will also be suspended on the same date and time.
Users can move on to the official announcement for more details on Futures, Margin, Convert, and other related delistings for these assets. Overall, the announcement has dealt a severe blow to the market sentiment for these coins, with traders and investors even speculating about a sustained price crash ahead.
How Are The Coins Performing Today?
Binance’s delisting saga appears to have triggered a waning action in three of the four tokens mentioned above. WING price crashed over 30% in the last 24 hours and is currently sitting at $0.8451. Whilst VIB price also took heat, slumping 31.5% over the past day to $0.01530.
PDA price tanked nearly 17% and even hit a low of $0.009517 in the past 24 hours. However, ALPACA price has conversely gained roughly 13% to $0.04953. Crypto market traders and investors continue to monitor the tokens, mainly expecting increased volatility ahead due to the delisting.
The ICX price could hit a maximum price of $0.2417 in 2025.
Increased volumes could push the ICON price beyond $1.8358 by 2030.
ICON Network is a layer-one blockchain that aims to create a safe, scalable, and multichain bridging solution. The team’s main objective is to develop a worldwide network that enables the efficient use of various gadgets in the future.
Are you one of the thousands interested in ICX’s price prediction? Look no further as we uncover the plausible price targets for 2025 and beyond.
ICON is a NexGen blockchain-based platform meant to support blockchain network interconnection and batch processing on a single layer. As newer and better features are invented on the platform, it could gain momentum and become pricier at $0.2417.
Conversely, a potential financial breakdown or a global market collapse might cause the price to fall to $0.0806. However, considering the bullish and bearish targets, the average price may find its base at $0.1611.
Year
Potential Low
Average Price
Potential High
2025
$0.0806
$0.1611
$0.2417
ICX Price Prediction 2026-2030
Year
Potential Low
Average Price
Potential High
2026
$0.1210
$0.2417
$0.3626
2027
$0.1815
$0.3626
$0.5439
2028
$0.2722
$0.5439
$0.8159
2029
$0.4083
$0.8159
$1.2239
2030
$0.6124
$1.2239
$1.8358
ICX Price Prediction 2026: Potential low at $0.1210, average price at $0.2417, and potential high at $0.3626.
ICX Price Prediction 2027: Potential low at $0.1815, average price at $0.3626, and potential high at $0.5439.
ICX Price Prediction 2028: Potential low at $0.2722, average price at $0.5439, and potential high at $0.8159.
ICX Price Prediction 2029: Potential low at $0.4083, average price at $0.8159, and potential high at $1.2239.
ICX Price Prediction 2030: Potential low at $0.6124, average price at $1.2239, and potential high at $1.8358.
Click here to read our price prediction of Moonbeam (GLMR).
Market Analysis
Firm Name
2025
2026
2030
Changelly
$0.110
$0.146
$0.769
CoinCodex
$0.101083
$0.091821
$0.006024
Binance
$0.10936
$0.114828
$0.139574
Coinpedia’s ICX Price Prediction
As per the ICON price forecast formulated by our experts, the coin has solid fundamentals and an enthusiastic team supporting it. That said, the coin can rise to the maximum price of $0.2417 if bulls outpace the bears. On the flip side, the coin may touch the bottom at around $0.0806.
Year
Potential Low
Average Price
Potential High
2025
$0.0806
$0.1611
$0.2417
To read our price prediction for Polkadot (DOT) click here!
FAQs
Is ICON a good investment?
ICON has more than doubled in price since 2020, it can bring in good returns if considered for the long term.
Should I invest in ICON?
ICON is a secure platform, however, it does have some major rivals in the industry. So you may consider adding a small portion of the coin to your portfolio.
What will the minimum and maximum price of ICON be by the end of 2025?
The coin can strike record levels with a maximum and minimum trading price of $0.2417 and $0.0806 by the end of 2025.
How high can the price of ICON go by the year 2030?
The token can break out of its bearish market to reach the highest trading price of $1.8358 by 2025.
ICX
BINANCE
The post ICON (ICX) Price Prediction 2025, 2026-2030: Is ICX A Good Investment? appeared first on Coinpedia Fintech News
Story Highlights The ICON price today is . The ICX price could hit a maximum price of $0.2417 in 2025. Increased volumes could push the ICON price beyond $1.8358 by 2030. ICON Network is a layer-one blockchain that aims to create a safe, scalable, and multichain bridging solution. The team’s main objective is to develop …
