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The XRP price is in an upward trend, reaching $3 earlier this week. The altcoin has since retraced slightly, although analysts remain confident that the rally is not yet over. A powerful breakout to $6 may happen once there’s a weekly close above $3, according to crypto analyst Ali Martinez. Analysts Predict A $6 Target
The post Expert Predicts XRP Price Rally To $6 If This Happens appeared first on CoinGape.
A new record has been set in corporate Bitcoin adoption. In just five days, 35 companies announced Bitcoin treasury acquisitions, the most ever recorded in a single week. This record accumulation from these companies coincides with the BTC rally to new all-time highs (ATHs) this week. Bitcoin Treasury Companies Accumulate 4,702 BTC According to an X
The post Bitcoin Treasury Companies Added $554M BTC in Record-Breaking Week appeared first on CoinGape.
Michael Saylor has hinted at an incoming Strategy (formerly MicroStrategy) Bitcoin acquisition after pausing its 12-week purchase streak. The hint has sent the MSTR price surging in premarket trading while BTC consolidates the $118K mark. Michael Saylor Hints At Fresh Strategy Bitcoin Buy Strategy founder Michael Saylor has flashed a signal for the company to
The post Michael Saylor To Resume Bitcoin Acquisitions For Strategy After Brief Pause appeared first on CoinGape.
The post Can XRP Price Hit $3 Next Week? appeared first on Coinpedia Fintech News
The price of XRP has been climbing steadily this week, with a strong bullish trend visible on the daily charts. Over the past few days, XRP has posted several green candles in a row, showing the rising buying pressure in the market.
XRP often makes sharp moves once momentum kicks in: either upward or downward. Right now, XRP is clearly in an upward trend, and it recently broke through a key resistance area between $2.55 and $2.62. After this breakout, the next big target for XRP is sitting between $2.80 and $3.00.
However, one concern is that XRP is currently in overbought territory on the daily timeframe. This means that while the price is strong, it could face some pullback or slowdown before attempting another big jump.
If XRP can successfully break and hold above $3 in the coming days, it could quickly surge toward its all-time high range between $3.30 and $3.40. Historically, XRP has shown a tendency to move fast when it gains momentum and this time might not be different.
If the price struggles around $2.90 to $3.00, support is expected to come back in between $2.55 and $2.62, which was previously a strong resistance zone. As long as the price stays above these levels, the overall outlook for XRP remains bullish.
An expert explained that XRP formed a strong support zone around $1.90, creating a triple bottom pattern. This was followed by an inverse head and shoulders pattern, which helped push the price up.
After breaking important resistance levels at $2.33 and $2.32, XRP surged close to $3.00. Right now, the price is pulling back near $2.77, but if this support level holds, the upward trend could continue.
The post Can XRP Price Hit $3 Next Week? appeared first on Coinpedia Fintech News
The price of XRP has been climbing steadily this week, with a strong bullish trend visible on the daily charts. Over the past few days, XRP has posted several green candles in a row, showing the rising buying pressure in the market. XRP often makes sharp moves once momentum kicks in: either upward or downward. …
The post Crypto Market Update: ETH, SOL, AVAX Prices and Predictions for 2025 appeared first on Coinpedia Fintech News
The crypto market is showing serious signs of life again, and this time it’s not just Bitcoin making headlines. Ethereum (ETH) recently surged past the $3,000 mark, a key psychological level that many traders have been eyeing for months. And with that move, talk of a possible altcoin season has quickly returned.
So, what’s driving this sudden surge? According to analyst Evan Aldo, it’s a mix of factors. The market has been expecting U.S. interest rate cuts later this year, and with inflation numbers cooling down, risk assets like crypto are bouncing back. On top of that, rare bullish patterns on Ethereum’s monthly chart has reignited hope, giving many reasons to believe this breakout could stick around longer than previous ones.
But it’s not just Ethereum in the spotlight. Solana (SOL) has also been on a tear, recently surpassing Ethereum and Tron in Q2 blockchain revenue. Its price has steadily climbed, with the analyst predicting it could test $188 in the coming weeks, and possibly stretch to $250–$260 by mid-August if momentum continues. The analyst said that it could reach $400 by the end of the year if market conditions remain favorable.
On the other hand, Avalanche (AVAX) has been a bit slower to catch up but is showing early signs of recovery. New developments in its ecosystem, including the launch of BlackHole DEX, have helped boost user activity. If AVAX holds key support levels, it could aim for $32 in the short term and possibly between $60 to $100 by the end of the year.
When asked where they’d invest if starting fresh today, the expert advised putting 70% into Ethereum, with 15% each in Solana and Avalanche. Their reasoning? Ethereum looks set to outperform for the next few months, while Solana and Avalanche might take the lead in the final quarter of 2025.
The post Crypto Market Update: ETH, SOL, AVAX Prices and Predictions for 2025 appeared first on Coinpedia Fintech News
The crypto market is showing serious signs of life again, and this time it’s not just Bitcoin making headlines. Ethereum (ETH) recently surged past the $3,000 mark, a key psychological level that many traders have been eyeing for months. And with that move, talk of a possible altcoin season has quickly returned. So, what’s driving …
The post XRP Price Prediction For July 13 appeared first on Coinpedia Fintech News
The price of XRP has been on a strong upward trend recently, but it’s now facing some tough resistance around the $2.90 mark. On the daily chart, XRP has been rising steadily, and according to an analyst, if the price can close above $3, it could quickly climb toward its all-time high near $3.40.
For now, however, the $2.80 to $3.00 range is acting as a major hurdle. This zone has historically been a strong resistance area, both from past price action and key Fibonacci levels. Until XRP breaks through this, the price may continue to struggle around these levels.
On the downside, if XRP sees a pullback, experts are watching the $2.55 to $2.62 range as a possible support zone. This area was a resistance level earlier and could now act as a new support if the market cools down.
Looking at the shorter time frames, especially the 4-hour chart, XRP recently became overbought after a sharp rally over the last few days. The RSI indicator had reached high levels, signaling the market had moved up too fast in a short period. As a result, a small correction or sideways movement was expected, and that’s what has started happening.
This cooldown is seen as healthy for the market, helping to reset indicators before possibly continuing its bullish trend. Overall, while the short-term action might be a bit quiet, the larger trend for XRP remains positive as long as it stays above key support levels.
The post XRP Price Prediction For July 13 appeared first on Coinpedia Fintech News
The price of XRP has been on a strong upward trend recently, but it’s now facing some tough resistance around the $2.90 mark. On the daily chart, XRP has been rising steadily, and according to an analyst, if the price can close above $3, it could quickly climb toward its all-time high near $3.40. For …
SharpLink Gaming has doubled down on its Ethereum Treasury strategy with a significant purchase of more than 31,000 ETH.
The move reflects growing corporate interest in ETH as a reserve asset and further signals the digital asset’s shifting role in institutional portfolios.
According to blockchain data tracked by EmberCN via Arkham Intelligence, Sharplink acquired 21,487 ETH on July 12, amounting to $64.26 million.
SharpLink split the acquired ETH between two platforms, purchasing 14,693 ETH from Galaxy Digital for $43.89 million and 6,804 ETH from Coinbase Prime for $20.37 million.
This followed a separate 10,000 ETH purchase the day before, directly from the Ethereum Foundation for $25.7 million. The company’s total purchase over the two days reached 31,487 ETH.
While some observers view the Ethereum Foundation’s sale as a routine funding move, it has sparked criticism within the crypto community. Detractors described the Foundation’s offloading of ETH as a lack of faith in the digital asset.
However, the Foundation clarified that the funds will be used to support core functions. These include protocol research, community grants, and ecosystem development.
“This went to a ETH holding company; the microstrategy of ETH: basically it went to the most diamond handed buyers possible. that’s quite literally their whole thing; you may as well considered this ETH as taken out of the supply/burned,” Binji Pande, a contributor to the Foundation, further explained.
SharpLink’s latest purchase came as ETH crossed the $3,000 threshold on July 11 for the first time since February 2025.
Since June, SharpLink has accumulated around 253,000 ETH as part of its ETH Treasury strategy. The company has staked all of its holdings to help secure the network while generating yield.
According to Arkham Intelligence data, this approach has led to an unrealized profit of approximately $45 million.
The company’s Chairman and Ethereum co-founder, Joseph Lubin, emphasized that the company’s ETH accumulation is a strategic decision, not a short-term trade. He explained that SharpLink is actively acquiring ETH, staking it, and restaking it.
According to him, this approach is designed to support the long-term growth of the Ethereum network
“We see this as the start of something bigger – a model for how mission-driven organizations can work to advance our ecosystem’s shared goals of decentralization, economic empowerment and protocol-native finance,” he stated.
The post SharpLink Goes On an Ethereum Buying Spree Amid Altcoin Season Optimism appeared first on BeInCrypto.
Stellar (XLM) has recently experienced a significant surge in price, marking a 5-month high. As a result, XLM has become one of the top-performing cryptocurrencies in the market.
While the rise is being fueled by growing trader conviction, there are concerns that the altcoin might be overheating, which could influence the outcome of its price movement in the coming days.
Open Interest (OI) in XLM has seen a sharp increase, rising by 127% to $346 million from $160 million just last week. This surge in OI indicates that investors are becoming more involved, likely driven by FOMO (fear of missing out).
The growing interest in the asset aligns with a positive funding rate, suggesting that traders remain optimistic about XLM’s potential.
The increase in open positions signals that confidence is building, potentially preventing a sharp price crash. However, such rapid growth may also lead to short-term overextension, so market participants must remain cautious.
The Chaikin Money Flow (CMF) indicator for XLM also points to strong inflows, showing that money is consistently entering the market. This bullish trend reflects positive investor sentiment and a growing belief in Stellar’s long-term potential.
However, historically, when the CMF crosses the 20.0 threshold, it signals overbought conditions, which could lead to a price correction.
As XLM continues to experience significant bullishness, the risk of overheating increases, and a cool-down period may be imminent. Investors need to watch these technical indicators closely for signs of a potential price pullback.
XLM price has surged by 21% in the past 24 hours, trading at $0.436, just under the critical resistance level of $0.439. The altcoin has gained 83% this month, a clear sign of increasing investor interest.
However, with the price nearing resistance, a period of consolidation between $0.412 and $0.439 is expected. If selling pressure increases, the price may drop back to $0.355, forming a new support level.
If the bullish momentum continues into the next week, XLM could break through the $0.439 resistance, advancing toward the $0.500 mark.
A move above $0.500 would validate the continued bullish outlook, confirming a sustained uptrend. However, if market sentiment shifts, the altcoin could experience a correction, invalidating the bullish thesis.
The post Stellar Open Interest Jumps 127% – Can XLM Price Reach a Yearly High? appeared first on BeInCrypto.
The Czech National Bank (CNB) made a notable shift in its investment strategy during the second quarter of 2025, increasing its exposure to the cryptocurrency sector through US equities.
According to a quarterly filing submitted to the US Securities and Exchange Commission (SEC), the central bank acquired 51,732 shares of Coinbase Global. The Brian Armstrong-led firm is the largest US-based cryptocurrency exchange and the only crypto firm in the S&P 500 index.
The position, valued at over $18 million, marks the bank’s first direct investment in a publicly traded crypto company.
The financial regulator has not publicly commented on the rationale behind its updated portfolio. According to the filing, the CNB held approximately $12.8 billion in US-listed equities as of June 30.
Market analysts noted that the move aligns with the bank’s strategy of holding S&P 500 constituents as part of its reserves. This approach allows the firm to gain indirect exposure to fast-evolving industries like crypto and artificial intelligence.
“An asset under consideration is Bitcoin. It currently has zero correlation to bonds and is an interesting asset for a large portfolio. Worth considering,” said Czech National Bank Governor, Aleš Michl.
Meanwhile, the Coinbase investment comes amid broader pro-crypto signals from CNB leadership. Earlier this year, Governor Aleš Michl stated his intention to allocate a portion of the country’s reserve holdings into Bitcoin.
Though no such purchase has been confirmed, the announcement has sparked significant market interest. If realized, the move could position the Czech National Bank as one of the first Western central banks to hold Bitcoin on its balance sheet.
Michl has emphasized the importance of studying Bitcoin and its underlying blockchain technology rather than dismissing it. In his view, a better understanding of Bitcoin could strengthen central banks by equipping them for the evolving financial space.
“I stated that bitcoin is highly volatile and could one day be worth one of two extremes – either zero or a huge amount. I also stressed that bitcoin is a high-risk asset for professional investors who are aware of all the risks,” Michl noted.
Tomas Greif, chief product officer at Braiins Mining, noted that even without a direct Bitcoin allocation, the CNB now holds indirect exposure through Coinbase and Tesla. He added that this exposure could increase further once MicroStrategy joins the S&P 500.
Still, Greif cautioned that if the CNB intends to buy Bitcoin directly, the window for entering at favorable prices may be closing.
For now, the bank’s actions indicate a cautious yet deliberate interest in the crypto sector. This signals a potential shift in how traditional financial institutions view digital assets in their reserves.
The post Czech National Bank Acquires $18 Million Worth of Coinbase Shares appeared first on BeInCrypto.
Hyplerliquid’s native token HYPE has seen a strong 20% price increase over the last seven days, reaching a new all-time high (ATH) of $48.10.
However, despite this surge, the altcoin faces potential reversal risks as broader market conditions suggest a potential correction. Bitcoin’s continued momentum could be the key factor in determining HYPE’s next move.
The Relative Strength Index (RSI) for HYPE currently sits above the 70.0 threshold, indicating overbought conditions. Historically, such a rise in RSI has been followed by short-to-mid-term corrections.
This suggests that the price could be in for a pullback, especially if buying pressure weakens.
When RSI exceeds 70.0, it typically leads to a period of price consolidation or decline, as investors take profits and the market corrects itself. If the overbought conditions persist, HYPE could see a decline, reversing some of its recent gains.
HYPE shares a strong correlation with Bitcoin, with a current correlation coefficient of 0.97. This suggests that HYPE is likely to follow Bitcoin’s price movements closely. Given Bitcoin’s recent bullish trend, HYPE could potentially benefit from BTC’s continued rise. I
The correlation between HYPE and Bitcoin is significant, as BTC’s price fluctuations often impact altcoins, including HYPE. However, if Bitcoin faces a reversal, HYPE is likely to follow suit, experiencing a similar pullback or correction in price.
HYPE’s price is currently trading at $47.94, having risen 20% over the last seven days. The altcoin formed a new ATH at $48.10, extending its bullish pattern this week.
However, the market faces overbought conditions, and historical patterns suggest the possibility of a correction. HYPE might encounter resistance if the overbought conditions lead to profit-taking.
Despite the overbought RSI, if HYPE continues its upward trajectory, it could push past the current ATH of $48.10. A sustained rally, supported by positive broader market conditions, may lead HYPE to reach $50.00 or higher, invalidating the bearish thesis.
If HYPE fails to maintain its current momentum, the altcoin could see a retracement. A drop back to $42.30 would erase a significant portion of the recent gains, as profit-taking pressures mount.
Losing this support level could signal further downside risk, especially if the market shows signs of broader weakness.
The post Hyperliquid’s 20% Rally May Be Short-lived Unless Bitcoin Saves It appeared first on BeInCrypto.
