Blog

Shiba Inu (SHIB) price sets its eyes on record highs, with two on-chain metrics suggesting that it may skyrocket soon. These metrics hint that the meme coin has entered an accumulation phase, which may renew the bullish momentum and spark an upward trend.

Despite bullish tailwinds, SHIB value today remains subdued and is down by 15% from its April highs of $0.000015. At press time, the coin trades at $0.000013 with a mild 0.03% gain in 24 hours.

Shiba Inu Price Analysis as 108% Rally Looms

The daily chart for Shiba Inu price hints that an explosive rally is looming, as the meme coin teases a breakout from an accumulation zone after overcoming resistance from a descending trendline. The next key level to watch is $0.00001364, and if it can form a decisive close above it, it will flip the market structure to bullish.

If this breakout occurs, and SHIB holds above the MA level of $0.0000182, a reaccumulation phase will likely play out before a potential 108% rally to $0.0000286.

The RSI stands at 54, an indication that the bullish momentum is strong to support an upward trend. However, traders should remain wary of a weakening uptrend as the AO bars suggest that the bullish sentiment is weak.

Despite the weak outlook depicted by the AO bars, two key on-chain metrics hint that the 108% will likely out, and the SHIB price could skyrocket soon.

MVRV Ratio, On-Chain Losses Hint At Explosive SHIB Rally

The Shiba Inu Market Value to Realized Value (MVRV) ratio teases that the price of this top meme coin is about to enter an explosive bull market. This metric is at the same level it was in Q3 2024 before a 54% rally ensued within two months, followed by another 94% surge in Q4. This surge saw SHIB clinch a multi-month high of $0.000033 in late 2024.

If history rhymes and SHIB follows the same trend, and the price skyrockets by 94%, the new target will be $0.0000259. This supports the thesis around a bullish Shiba Inu price prediction and the possibility of fresh highs being formed soon.

Meanwhile, data from Santiment shows that the ratio of daily on-chain transaction volumes in profits and losses has plummeted to 0.24%, marking the lowest level in nearly two months. This indicates that most holders are in losses, a fact that has always preceded a strong bounce as traders are less incentivised to sell.

If the Shiba Inu price follows previous trends and these on-chain metrics hint towards a rally, the meme coin will skyrocket and potentially reach new record highs. However, this rally faces headwinds considering that traders have been flocking to newer meme coins, which have diverted capital away from older coins.

The post Here’s Why Shiba Inu Price May Skyrocket Soon appeared first on CoinGape.

In a bold prediction at Token2049, Eric Trump, the second son of US President Donald Trump and executive vice president of the Trump Organization, forecasted the potential emergence of a crypto era. According to Eric, cryptocurrencies are poised to disrupt the traditional financial system, especially the “broken” SWIFT payment system.

Crypto To Disrupt SWIFT, Says Eric Trump at Token2049

Speaking at Token2049, a global crypto conference series, Eric Trump shared insights on the potential growth of the crypto industry, replacing the traditional financial system. Citing its limitations like slow processing speed, high cost, and limited accessibility, Trump forecasted the demise of SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Further, Eric highlighted the advantages of crypto over the SWIFT payment system. As per Eric’s statement, cryptocurrencies are “easy to move and accessible to anyone.” For him, cryptocurrencies have become a game-changer. Reinforcing his argument, Eric stated that the modern financial system is inadequate and “absolutely broken.”

Recently, Eric Trump issued a stark warning that global banks may collapse within a decade if they fail to integrate cryptocurrency. Criticizing existing payment systems like SWIFT, he posited, “SWIFT is an absolute disaster.”

The post Token2049 Eric Trump Predicts Crypto To Replace ‘Broken’ SWIFT Payment System appeared first on CoinGape.

The post The U.S Will Likely Buy $100 Billion in Bitcoin Soon, Says Sebastian Bea, President of Coinbase Asset Management appeared first on Coinpedia Fintech News

Rumors are swirling that the U.S. government could be preparing to make a major Bitcoin move, potentially investing up to $100 billion. While it may sound like a bold idea, Sebastian Bea, President of Coinbase Asset Management, argues that it’s not as far-fetched as it seems.

 In a recent interview, Bea explained how a small accounting change could unlock enough value for the government to invest in Bitcoin, all without increasing the national debt or printing new money.

Gold Revaluation Could Unlock $100 Billion for Bitcoin

Currently, U.S. gold reserves are still listed at the 1973 price of $42.22 per ounce, despite gold now trading at over $3,300 per ounce. This discrepancy leaves a nearly $900 billion gap between the gold’s book value and its real market value. Bea suggests that a simple update in legislation to reflect the true value of gold could open the door to a significant financial gain.

How Bitcoin Fits Into the Plan

The key to making this work is amending 31 U.S.C. § 5117, which would allow the U.S. Treasury to issue higher-value gold certificates. This could effectively create a sovereign wealth fund, with the capital used to purchase Bitcoin. Bea’s strategy aligns with the proposed BITCOIN Act from Senator Cynthia Lummis, which calls for the U.S. Treasury to purchase one million Bitcoin over five years—without adding to the federal deficit.

The implications of such a move would be massive. Buying 5.5% of Bitcoin’s market cap would send shockwaves through the global market, potentially triggering other governments to follow suit as they look to remain competitive in an increasingly digital world.

• Also Read :

Could It Happen Soon?

While Bea has not set a specific timeline, he suggested that the U.S. could make this move as soon as 2025 if the political momentum is right. With Bitcoin currently hovering around $94,000, a U.S. investment of this scale could push the cryptocurrency’s price even higher, setting the stage for a new era of Bitcoin adoption by nation-states.

The path to a U.S. Bitcoin reserve might be shorter than we think—especially if Congress decides to make a small but powerful legislative change. The potential impact? A massive new chapter for Bitcoin and its place in the global economy.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Subscribe to News

The post The U.S Will Likely Buy $100 Billion in Bitcoin Soon, Says Sebastian Bea, President of Coinbase Asset Management appeared first on Coinpedia Fintech News
Rumors are swirling that the U.S. government could be preparing to make a major Bitcoin move, potentially investing up to $100 billion. While it may sound like a bold idea, Sebastian Bea, President of Coinbase Asset Management, argues that it’s not as far-fetched as it seems.  In a recent interview, Bea explained how a small …

The post Why is Virtuals Protocol Price Rising? Can it Reach $5 in Q2 2025? appeared first on Coinpedia Fintech News

During the last week of April, the crypto markets triggered a strong recovery, and most of the cryptos rebounded from their bottoms. Virtuals Protocol’s price also flipped after hitting the bottom below $0.6 and rose above $1.6. Multiple reasons account for the surge, and now that the token has triggered a strong upswing, the VIRTUAL price is expected to complete the parabolic recovery and experience another 130% upswing in the next few weeks. 

The surge in the VIRTUAL price was followed by a popular exchange, Binance, which enabled deposits and trading by listing it. The listing led to stronger liquidity and new market interest as VIRTUAL became more easily accessible to all. Moreover, the Virtuals Protocol platform has launched the Genesis launch event, which was exploited by a project called PlayGame AI. Despite this, the token regained the trust of the investors, which materialised with the recent surge. 

Now the question arises whether the VIRTUAL price will rise by another 100% after surging by over 200%?

The daily chart of VIRTUAL suggests the price has triggered a parabolic recovery and may follow the curve to rise and reach the neckline. After securing the range above the 50-day MA, the price has surged above the 200-day MA, which could further head towards a Golden Cross. On the other hand, the RSI has surged and entered the overbought range for the first time in 2025, validating the bullish claim. Therefore, the VIRTUAL price is believed to maintain a strong ascending trend and rise above the crucial resistance at $1.84 in a short while. 

Here, the token may face some resistance. Once cleared, the next pitstop could be above $2.5, which may validate the beginning of a fresh bullish trend. Despite this, the on-chain data of Virtuals Protocol lags significantly behind the price, with a steep decline in the daily revenues that grew rapidly in the last few weeks of 2024. However, the buying volume has surged notably, which could keep up the momentum of the rally for the rest of 2025 and mark a new ATH above $7. 

The post Why is Virtuals Protocol Price Rising? Can it Reach $5 in Q2 2025? appeared first on Coinpedia Fintech News
During the last week of April, the crypto markets triggered a strong recovery, and most of the cryptos rebounded from their bottoms. Virtuals Protocol’s price also flipped after hitting the bottom below $0.6 and rose above $1.6. Multiple reasons account for the surge, and now that the token has triggered a strong upswing, the VIRTUAL …

The post Ethena and TON Team Up to Bring Stablecoins to Telegram Users appeared first on Coinpedia Fintech News

Ethena has partnered with the TON Foundation to launch its synthetic stablecoins, USDe and sUSDe, within the Telegram ecosystem. As part of the collaboration, Ethena’s products will also be integrated into Telegram’s native wallet, expanding access to stable digital assets for millions of users. Additionally, support will extend to TON-compatible wallets like Tonkeeper and TONHub, further boosting usability. This move marks a major step in making stablecoins more accessible across messaging platforms and TON’s growing blockchain ecosystem.

The post Ethena and TON Team Up to Bring Stablecoins to Telegram Users appeared first on Coinpedia Fintech News
Ethena has partnered with the TON Foundation to launch its synthetic stablecoins, USDe and sUSDe, within the Telegram ecosystem. As part of the collaboration, Ethena’s products will also be integrated into Telegram’s native wallet, expanding access to stable digital assets for millions of users. Additionally, support will extend to TON-compatible wallets like Tonkeeper and TONHub, …

The post XRP Faces Price Crash Warning, But Experts Say It’s All Part of a Bigger Plan appeared first on Coinpedia Fintech News

April has been a turbulent month for XRP, starting at around $2.0897 and experiencing significant fluctuations. After a sharp correction of 14.06% early in the month, XRP saw a notable 20.08% surge between April 9 and 12. The price peaked at $2.3618 on April 28 but has since dropped by 3.98% since April 29, with a further 2% decline in the last 24 hours.

This recent price drop has led to intense debate among analysts. Some predict XRP price crash to as low as $1.55, while others argue that the current dip is merely a shakeout before XRP embarks on its next major rally.

Will XRP Price Crash in May?

Crypto analyst BLOCK BULL foresees a potential drop in the XRP market, suggesting that the price may dip below $2 in the short term. His forecast comes after XRP was rejected at the top of a bull flag pattern. Since then, the market has fallen by over 8%, and BLOCK BULL predicts a further decline to as low as $1.55—an over 30% drop from the recent high.

Is XRP’s Growth Potential Over?

Despite the bearish outlook from some analysts, many experts, including BLOCK BULL, believe the recent downturn is only temporary. They highlight XRP’s solid fundamentals, citing Ripple’s strategic partnerships, regulatory progress, and growing institutional adoption as key factors driving long-term growth.

In particular, Ripple’s recent success in halting legal proceedings with the U.S. Securities and Exchange Commission (SEC) has paved the way for a permanent settlement, further bolstering XRP’s long-term outlook.

XRP Price Analysis 

Despite the current dip, most experts see this as an ideal buying opportunity. BLOCK BULL points out that whales are using price drops to accumulate more XRP, positioning themselves for the next upward move. Another analyst, BitGuru, sees $2.15 as a crucial support level. If XRP holds above this level, it could potentially bounce back to $2.25 or even higher.

Brett also believes in XRP’s long-term potential, stressing that the real value will be evident for those who hold through market fluctuations.

Conclusion

The consensus is clear: While XRP may experience short-term volatility, the current dip is an opportunity for long-term investors. With strong fundamentals and an improving regulatory environment, XRP’s price could see significant gains in the coming months. Keep an eye on support levels and market trends as we head into May.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Subscribe to News

The post XRP Faces Price Crash Warning, But Experts Say It’s All Part of a Bigger Plan appeared first on Coinpedia Fintech News
April has been a turbulent month for XRP, starting at around $2.0897 and experiencing significant fluctuations. After a sharp correction of 14.06% early in the month, XRP saw a notable 20.08% surge between April 9 and 12. The price peaked at $2.3618 on April 28 but has since dropped by 3.98% since April 29, with …

The post Ethereum’s Survival at Risk? Can Ethereum Researcher Dankrad’s 100x Plan Save It? appeared first on Coinpedia Fintech News

Ethereum could face big problems if it doesn’t grow fast enough. Dankrad Feist, a researcher at the Ethereum Foundation, warns that the network might become less important in the next 5 to 10 years unless something changes. To solve this, Feist has suggested a bold plan to help Ethereum scale. Let’s see what it is?

The Proposal: A 100x Scaling Plan

Dankrad Feist recently proposed EIP-7938, an upgrade that would increase Ethereum’s gas limit, the part of the system that controls how many transactions can fit in each block. 

His goal is to boost Ethereum’s capacity by 100 times over the next four years, which would allow for far more activity on the network. Though the idea is unusual, Feist believes bold steps are necessary to save Ethereum’s future.

Why Scaling Is Urgent?

Feist explains that Ethereum should be the heart of crypto’s economy. But if activity spreads too much across various Layer-2 solutions, blockchains built on top of Ethereum, it could weaken Ethereum’s position and cause it to lose value to other ecosystems.

He warns that without major changes, Ethereum could end up like a background player while other blockchains take the lead.

Others Are Worried Too

Feist isn’t the only one raising concerns. Cardano founder Charles Hoskinson recently said Ethereum could face the same fate as Myspace, a social networking website & Blackberry, the phone company that lost out to Apple and faded away. He blames “parasitic” Layer-2s for weakening Ethereum’s base.

On a more hopeful note, Matt Hougan from Bitwise says Ethereum has at least “stopped digging” itself deeper into trouble. But whether it can climb out of the hole remains a big question.

Can Ethereum Grow Without Losing Its Core Values?

Feist is confident that Ethereum can scale up without compromising important features like security, censorship resistance, and verifiability. In other words, he believes Ethereum can grow without giving up what makes it special.

Ethereum has come a long way, but if it wants to lead the next generation of crypto, it may need to take some bold and risky steps, starting now.

The post Ethereum’s Survival at Risk? Can Ethereum Researcher Dankrad’s 100x Plan Save It? appeared first on Coinpedia Fintech News
Ethereum could face big problems if it doesn’t grow fast enough. Dankrad Feist, a researcher at the Ethereum Foundation, warns that the network might become less important in the next 5 to 10 years unless something changes. To solve this, Feist has suggested a bold plan to help Ethereum scale. Let’s see what it is? …