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The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News

Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime.

In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first learned about it that he could barely sleep. “I was afraid someone else would figure it out before me and buy it all,” he laughed.

Since then, Saylor has transformed into one of Bitcoin’s loudest and most influential advocates, rallying both Wall Street and retail investors alike. Some even argue that the reason institutional giants are finally paying attention to Bitcoin is because Saylor kept preaching about it — and people listened.

But with Bitcoin’s price steadily rising and major players like BlackRock, Fidelity, and other financial heavyweights stepping into the crypto arena, isn’t it getting harder for Saylor to keep adding to his stack? Not at all, according to him. In fact, he believes this is exactly how Bitcoin was designed to work.

“It gets exponentially harder to acquire Bitcoin over time — and that’s what makes it valuable and secure,” Saylor explained.

A Maturing Market Means Higher Prices, Less Risk

Saylor pointed out how the crypto industry has matured in recent years. Gone are the days of risky, overleveraged companies like FTX and Terra Luna steering the market. Now, established financial institutions with “permanent capital” are moving in, reducing volatility and making Bitcoin a more stable, long-term asset.

Bitcoin at $10 Million? Saylor Says He’ll Still Buy

Perhaps the boldest moment came when Saylor predicted Bitcoin’s price trajectory — claiming it could one day hit $10 million per coin. And no, he won’t stop buying when it does.

“I bought it at $10,000, I’ll buy it at $100,000, at a million, and at $10 million,” Saylor said confidently. “Because by then, the entire ecosystem will be less risky and it’ll still be a better bet than the S&P 500 or a warehouse in Siberia.”

He also shared his take on how mainstream adoption will look. According to Saylor, the day your bank offers to buy Bitcoin for you on your phone is the day a single Bitcoin will already cost a million dollars. And when banks start recommending it like a hot stock tip? That’s when Bitcoin’s price could be pushing $10 million.

The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News
Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime. In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first …

A renowned crypto market analyst has predicted that Pepe Coin price is gearing up for a huge rally this Wednesday, April 23. Analyst James Wynn has forecasted that the frog-themed meme coin is eyeing a bullish breakout shortly ahead, given it clears short-term resistance at $0.00001 and thus $0.00001050.

The upshot? Crypto market traders and investors are left abuzz with this bold prediction amid a broader market pump as of early Asian hours on Wednesday. One PEPE token’s price costed around $0.000009 at the time of reporting, with its value up nearly 15% intraday.

Analyst Forecasts Bull Run For Pepe Coin Price; Here’s Why

Analyst James Wynn posted on X recently, highlighting vital TA updates for Pepe Coin price. As per the analyst, the meme coin is currently facing short-term resistance at around $0.000010000, which is also acting as a psychological resistance.

Given that the meme token breaks this resistance, another ‘take profit’ zone is to occur at the $0.00001050 price level. At this point, the meme coin’s price chart is primed to witness a cup formation as short-term traders take profit and mild panic briefly drags the price.

However, the analyst stresses that “We’ll then rally back fast to key resistance point 0.00001050, piercing through it and then come back down for a retest at that level to confirm the breakout.” For context, Wynn suggested that after a successful breakout above 0.00001050, PEPE price will pull back and retest this level, marking it as its new support.

Once this scenario is in motion, FOMO is bound to kick in among traders and investors, which could drive further upward momentum in price. For context, this pattern formation is called the ‘Cup and handle’ pattern and is usually considered bullish by traders.

Altogether, the analyst’s bold price prediction has kept investors optimistic, whilst the meme coin’s recent price action adds to this optimism. As mentioned above, Pepe Coin’s price is already up 15% intraday and 30% over the week, closing in at $0.000009086. It soared from a bottom of $0.000007841 in the past 24 hours.

A recent PEPE price analysis by CoinGape Media also poured additional optimism surrounding the meme coin’s price, revealing the timeline for a potential 7,220% surge. Notably, this bullish projection rides the back of Ethereum’s legendary performance, as ETH price today topped $1,800 amid broader bullish trends.

The post Analyst Predicts Pepe Coin Price Breakout If It Soars Past This Level appeared first on CoinGape.

The post Why is XRP Price Going Up Today? appeared first on Coinpedia Fintech News

Bitcoin has reclaimed the $90,000 level for the first time since March, surging as investors seek refuge in crypto amid a falling U.S. dollar. The flagship cryptocurrency rallied for a second consecutive day, supported by macroeconomic headwinds and increasing expectations that the Federal Reserve may soon pivot to rate cuts.

The U.S. Dollar Index (DXY) has slipped to a three-year low, increasing Bitcoin’s appeal as a hedge against currency devaluation. The situation mirrors recent gains in gold, which, like BTC, is often viewed as a store of value during uncertain economic conditions.

Altcoins Join the Rally

The bullish momentum wasn’t limited to Bitcoin. Ethereum (ETH) jumped by 13%, while XRP and Solana (SOL) each gained 7%. Dogecoin (DOGE) outperformed with a 14% surge, riding the wave of renewed retail interest and risk-on sentiment.

XRP: Holding Strong, Waiting for Breakout

XRP has been holding firm within a well-established range, currently trading above key support between $1.21 and $1.55. Analysts highlight that, despite minor wicks and volatility, this zone remains structurally intact. A rally in wave five, as suggested by some Elliott Wave analysts, may still be in play.

For a bullish breakout confirmation, XRP would need to clear $2.25, the recent local high from April 13. A successful push beyond that level could open the door for a move toward $3.30, and potentially extend to targets between $5.00 and $5.65, depending on broader market momentum. At the time of writing, XRP has gained more than 7% and is trading at $2.25.

However, the path higher isn’t guaranteed. A break below $1.82 could shift focus to a deeper correction. While microstructure analysis shows no clear five-wave decline — which would imply a deeper correction — the market has yet to confirm a strong reversal.

The post Why is XRP Price Going Up Today? appeared first on Coinpedia Fintech News
Bitcoin has reclaimed the $90,000 level for the first time since March, surging as investors seek refuge in crypto amid a falling U.S. dollar. The flagship cryptocurrency rallied for a second consecutive day, supported by macroeconomic headwinds and increasing expectations that the Federal Reserve may soon pivot to rate cuts. The U.S. Dollar Index (DXY) …

The post Crypto News: SEC Exposes Fake Crypto Trading Platform That Cost Investors $198 Million appeared first on Coinpedia Fintech News

The SEC has yet again cracked down on crypto fraud. The agency has charged the man behind PGI Global, Ramil Palafox, for running a massive $198 million scam through his company, PGI Global, which falsely claimed to be a crypto and forex trading platform. 

As per the SEC’s press release, from January 2020 through October 2021, Palafox promised investors massive returns through ‘membership packages’ and also offered them multi-level marketing-like referral incentives in order to encourage them to recruit new investors. 

Over $57 Million Investor Funds Misused

Palafox misappropriated over $57 million in investor funds to fund his lavish lifestyle like buying Lamborghinis, items from luxury retailers and for other personal expenses. Further, he also used up the left investor money to pay other investors their returns and referral bonuses, like a classic Ponzi scheme, until it collapsed in 2021.

“As alleged in our complaint, Palafox attracted investors with the allure of guaranteed profits from sophisticated crypto asset and foreign exchange trading, but instead of trading, Palafox bought himself and his family cars, watches, and homes using millions of dollars of investor funds,” said Scott Thompson, Associate Director of the SEC’s Philadelphia Regional Office.

Laura D’Allaird, Chief of the Commission’s new Cyber and Emerging Technologies Unit added that Palafox fooled investors by pretending to be a crypto expert with advanced AI trading technology.

SEC Seeks Penalties and Recovery of Funds

The SEC has charged Palafox with violating anti-fraud and securities laws, seeking permanent bans, the return of ill-gotten gains, and civil penalties. Palafox also faces criminal charges filed by the U.S. Attorney’s Office for the Eastern District of Virginia.

These actions show the SEC’s ongoing efforts to hold individuals and companies accountable for fraudulent activities in the crypto sector. Regulators are increasingly targeting deceptive practices, from Ponzi schemes to illegal staking services, indicating that the crypto space will be held to the same legal standards as traditional financial markets.

The post Crypto News: SEC Exposes Fake Crypto Trading Platform That Cost Investors $198 Million appeared first on Coinpedia Fintech News
The SEC has yet again cracked down on crypto fraud. The agency has charged the man behind PGI Global, Ramil Palafox, for running a massive $198 million scam through his company, PGI Global, which falsely claimed to be a crypto and forex trading platform.  As per the SEC’s press release, from January 2020 through October …

Cantor Fitzgerald is hurtling toward the launch of a $3 billion Bitcoin acquisition vehicle, garnering support from industry heavyweights. While the launch hangs in the balance, experts like Syncracy Capital co-founder Ryan Watkins are describing it as a MicroStrategy clone.

Cantor To Launch $3 Billion Bitcoin Venture

According to a Financial Times report, Cantor Fitzgerald is pooling resources to float a Bitcoin SPAC in the near future. The move has garnered the backing of industry heavyweights like SoftBank, Bitfinex, and Tether.

Per the report, Tether has pledged to seed the bitcoin acquisition vehicle with $1.5 billion worth of Bitcoin. Japanese investment giant SoftBank is putting skin in the game with a $900 million capital injection, while Bitfinex will contribute $600 million.

SoftBank’s decision to wade into Bitcoin investment follows its Tokyo-based Metaplanet’s steady BTC acquisition spree.

The trio will prop Cantor with $3 billion to pursue its Bitcoin acquisition ambitions. The venture will be steered via Cantor Equities Partners, which will create a new corporate entity dubbed 21 Capital.

Per the report, Brandon Lutnick, son of US Commerce Secretary Howard Lutnick will lead 21 Capital. Howard Lutnick is the Chairman of Cantor Fitzgerald, a brokerage with significant interest in Bitcoin and cryptocurrencies.

Previously, Cantor Fitzgerald has rolled out a $2 billion Bitcoin financing business, tapping Anchorage as custodial partner. Cantor also manages Tether’s reserves with the stablecoin issuer indicating an interest to invest in the BTC financing business.

Is The Move Mirroring MicroStrategy?

Syncracy Capital co-founder Ryan Watkins has described Cantor’s new venture as an attempt to mirror MicroStrategy’s Bitcoin accumulation blueprint. He warns that the move to accumulate Bitcoin may trigger bubble behaviour that may trigger unwindings in the future. MicroStrategy latest acquisition of 6556 BTC follows a lengthy streak of similar purchases by the publicly traded company.

“So another MicroStrategy clone, by Cantor, SoftBank, and Tether, with $550M of dry powder to start,” said Watkins. “One is an outlier, two is a trend. Dozens starts to look like bubble behaviour.”

However, crypto lawyer John Deaton argues that the move is in line with US President Trump’s decision to launch a Strategic Bitcoin Reserve. Trump’s executive order mandates Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent to acquire Bitcoin in budget-neutral ways.

Bitcoin price reacted positively to the report, climbing to a two-week high of $93,000. Despite the glowing price, there are fears that the BTC rally might be fake with the spectre of a drop to $80K lurking in the shadows.

The post Cantor Partners With Tether, SoftBank, Bitfinex For $3 Billion Bitcoin Bet appeared first on CoinGape.

The post Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K appeared first on Coinpedia Fintech News

The crypto market today is seeing gains as Bitcoin price surge above $93,000, triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite.

Trade Optimism and Institutional Inflows Drive Rally

U.S. President Donald Trump and Treasury Secretary Scott Bessent made market-moving remarks hinting at potential relief in the U.S.-China trade war. Bessent called the current 145% tariffs “unsustainable” and suggested a de-escalation could be near. That was enough to boost investor confidence, not just in equities but also in risk-on assets like crypto.

Backing the momentum, Bitcoin spot ETFs saw $381 million in net inflows on Monday, the highest since January. The return of institutional money is a bullish signal, especially as MicroStrategy added another 6,500 BTC to its holdings — reinforcing long-term belief in Bitcoin.

SEC Shakeup, Altcoin Surge, But Caution Remains

Adding to the bullish sentiment, newly appointed SEC Chairman Paul Atkins has already dismissed several crypto enforcement cases. His pro-crypto stance is giving the industry fresh hope for a more innovation-friendly regulatory climate.

Meanwhile, Ethereum jumped above $1,700, Dogecoin surged 8.6%, and SUI spiked nearly 12%. Traditional markets also bounced back, with the S&P 500 and Nasdaq recovering from recent losses.

However,the liquidity and new demand remain weak compared to past bull runs, according to CryptoQuant. Resistance zones could still trigger pullbacks, but for now, the rally has reignited crypto market momentum.

The post Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K appeared first on Coinpedia Fintech News
The crypto market today is seeing gains as Bitcoin price surge above $93,000, triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite. Trade Optimism and Institutional Inflows …

The post Pi Coin Price Prediction Today: Can it Hit $1 Ahead of Massive 223M Token Unlock? appeared first on Coinpedia Fintech News

Pi Coin is currently showing decent gains of over 3% on the day, but the token remains trapped within a tight trading range, unable to break convincingly above the $0.70 resistance level. Despite a small price uptick, concerns are mounting as more tokens are set to hit the market in the coming weeks.

Today, approximately 5.8 million PI tokens are scheduled to unlock, with a much larger wave — 223 million tokens — expected to be released over the next 30 days. This influx of supply could intensify downward pressure on the price, especially in the absence of strong buying demand.

At the time of writing, Pi is hovering around $0.66, a critical level for bullish sentiment. If the price can close above this level on the daily chart, analysts suggest it could open the door for a potential rally toward $1 or higher. However, failure to hold this support might see the price slide further, especially as token unlocks flood the market.

Since being listed in February, Pi Coin has seen dramatic price swings — climbing as high as $3 at its peak before plunging to lows around $0.40. The decline has left many early adopters and miners, particularly those active since Pi’s early days in 2019 and 2020, disappointed.

Several factors have contributed to Pi’s ongoing price struggles:

Mass Selling After Token Releases: Like many airdropped tokens, Pi faces significant sell-offs after token generation events. A large portion of its user base, especially in regions like Africa and Asia, has been quick to liquidate holdings for cash, leading to increased supply pressure.

High Circulating Supply: Currently, Pi has a circulating supply of over 6.9 billion tokens, with a total supply cap near 100 billion. Compared to Bitcoin’s capped supply of 21 million, the sheer volume of Pi tokens makes high price expectations — like $100 or even $10 — highly unlikely under current conditions.

Limited Real-World Adoption: Although Pi’s vision includes becoming a widely-used medium of exchange, real-world usage remains minimal. While a few businesses accept Pi, broader adoption is still lacking, which limits utility-driven demand for the token.

The post Pi Coin Price Prediction Today: Can it Hit $1 Ahead of Massive 223M Token Unlock? appeared first on Coinpedia Fintech News
Pi Coin is currently showing decent gains of over 3% on the day, but the token remains trapped within a tight trading range, unable to break convincingly above the $0.70 resistance level. Despite a small price uptick, concerns are mounting as more tokens are set to hit the market in the coming weeks. Today, approximately …