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Binance Coin price has moved to its highest level in one month after recording a slight 1.78% increase in 24 hours to trade at $672 today, July 10. The recent burn comes after the BSC Chain burned 1.5 million BNB tokens from the supply, as an ascending triangle pattern suggests that a 17% move to
The post BNB Price Targets $800 as Binance Burns $1B Tokens From Supply appeared first on CoinGape.
The price of Ethereum, is back in the spotlight after new updates from the Ethereum Foundation. Vitalik Buterin and other key leaders of the foundation have shared a fresh vision to strengthen the network’s future. The announcement comes as the Ethereum price shows signs of bullish consolidation.
The Ethereum Foundation announced significant leadership changes on April 28, 2025. As part of the many transitions, Aya Miyaguchi, who had led the organization as Executive Director, has stepped into the role of President. Notably, Vitalik Buterin spoke on EF leadership change and what to expect earlier in the year.
Hsiao-Wei Wang and Tomasz K. Stańczak have been named Co-Executive Directors. The move follows community pressure for more transparency and more decisive technical leadership.
According to the update, the Foundation plans to focus even more on scaling Ethereum while protecting its core values under this new structure.
2/ First, from @AyaMiyagotchi and @VitalikButerin: a restatement and update on the EF’s vision, principles and values for this new era.https://t.co/kdqOMDyu2i
— Ethereum Foundation (@ethereumfndn) April 28, 2025
Wang and Stańczak will focus on areas like improving Ethereum’s mainnet. In addition, they will work on boosting Layer 2 performance and creating an environment for developers to build and grow. The leadership says the goal is to keep Ethereum resilient while helping the wider community lead future developments.
It is essential to add that the Foundation clarified that decentralization remains a priority. They intend to guide Ethereum price growth without taking complete control, describing their role as stewards rather than rulers.
The Ethereum vision shared by the protocol’s core leaders has not impressed the community, as seen in the price outlook. CoinMarketCap data shows that ETH’s price has been fluctuating. It is currently trading at $1,767.59, down 1.82% daily.
However, historical data shows that May tends to be a strong month for the Ethereum price. This is because activity always increases, often driving the Ethereum price to see a potential 30% rally. Analysts are watching closely to see if the pattern repeats.
Whale investors have also made significant moves recently. According to a CoinGape report, traders holding between 1,000 and 10,000 ETH added around 10 million tokens to their holdings over the past 24 hours.
It is worth noting that a new proposal, EIP 9698, could further support Ethereum’s growth by increasing the gas limit. This will allow the network to record up to 2,000 transactions per second. If this improvement moves forward, it could give Ethereum an edge over rival blockchains.
Beyond price moves, the Ethereum ecosystem is expected to benefit from the Foundation’s new approach. Plans to improve developer tools, Layer 2 connections, and application support are underway.
The leadership aims to make Ethereum easier for developers, improve its performance, and make it more appealing to users globally. If these goals are achieved, Ethereum could become a more dynamic and resilient platform in the years ahead.
Notably, the conversations around visions for the protocol come when the ecosystem is waiting for the next major upgrade after the Dencun update. After months of development, the Ethereum Pectra upgrade is set to go live on the mainnet in May. The upgrade will bring more scaling developments to the protocol moving forward.
The post Ethereum Price Reacts As Vitalik Buterin Co-Unveils Ethereum Foundation’s Vision appeared first on CoinGape.
Dogecoin (DOGE) is struggling to regain traction. It has been down more than 5% over the past seven days and has traded below $0.25 since the end of February. Despite brief signs of momentum, technical indicators still reflect a bearish bias, with key resistance levels capping upside attempts.
The Ichimoku Cloud remains red, EMA lines are still bearish, and price action continues to hover below critical trend-confirmation zones. However, a sharp shift in BBTrend and improving momentum metrics suggest traders are watching closely for a potential breakout attempt.
Dogecoin’s current Ichimoku Cloud chart shows a clear bearish structure, with price action remaining below the Kumo (cloud), which is shaded red in the near term.
The blue Tenkan-sen (conversion line) is positioned below the red Kijun-sen (base line), reinforcing a short-term bearish outlook.
Additionally, the price candles are struggling to break above the Tenkan-sen, which is acting as dynamic resistance and preventing upward momentum from building. This typically signals weak buying pressure in the current market phase.
Looking forward, the Kumo cloud ahead is transitioning from red to green, indicating a potential shift in sentiment if price manages to approach and penetrate the cloud.
However, the cloud itself is relatively thick, which suggests a strong resistance zone that will require significant bullish momentum to overcome. Until price enters or breaks above the cloud, the prevailing bias remains bearish.
The Kumo’s current flat base could also act as a magnet, drawing price toward it, but sustained upside will depend on whether Dogecoin can flip the cloud into support.
Dogecoin’s BBTrend indicator has flipped strongly bullish, rising to 2 from -3.14 just a day ago.
The BBTrend (Bollinger Band Trend) is a momentum indicator that measures the strength and direction of price movement relative to its Bollinger Bands.
Values above zero suggest bullish momentum, while values below zero signal bearish pressure. The higher the positive value, the stronger the upward momentum; likewise, deeper negative values indicate stronger downward trends.
With DOGE’s BBTrend now at 2, it indicates a potential shift in sentiment and growing bullish momentum. This sharp reversal suggests that buying pressure is increasing and the asset may be entering a recovery phase.
While it doesn’t confirm a sustained uptrend on its own, a BBTrend in positive territory often precedes further gains—especially if supported by rising volume and follow-through in price action.
Traders may view this as an early signal to monitor for potential continuation.
Dogecoin’s EMA lines remain in a bearish alignment, with short-term averages still below the long-term ones, reflecting ongoing downward pressure.
If the current bounce fails to gain strength, DOGE could soon retest support at $0.168, which has held in recent sessions. Without a decisive shift in momentum, this level may act as a magnet for price action in the near term.
The absence of an EMA crossover keeps the overall trend bearish for now.
On the flip side, if momentum strengthens and DOGE manages to break resistance at $0.206, it could trigger a broader reversal. In that case, the next upside targets would be $0.232 and potentially $0.254, assuming sustained follow-through.
The post Dogecoin (DOGE) Struggles to Break Out—Can Rising Indicators Shift the Trend? appeared first on BeInCrypto.
The post Donald Trump’s 2025 Tax Plan Could Spark a 1000% XRP Price Rally, Analyst Claims appeared first on Coinpedia Fintech News
A viral post by the X account All Things XRP has sparked debate with a bold theory: former President Donald Trump’s proposed 2025 tax plan could be the catalyst for the next major crypto bull run—particularly benefiting XRP.
The post presents a hypothetical scenario: the elimination of federal income tax for Americans earning under $200,000 per year. With nearly 90% of the U.S. workforce falling into this income bracket, the theory argues that such a policy would unleash a wave of disposable income.
The big question: Where would this money go?
The post suggests that with more cash on hand, many Americans might turn to crypto—especially those who prefer saving and investing over spending. Despite crypto ownership currently sitting at just 28% in the U.S., the author speculates that this number could rise dramatically if disposable income increases.
While Bitcoin and Ethereum dominate the market, the post argues that XRP could be the primary beneficiary. XRP’s low transaction costs and fast speeds make it more accessible than Bitcoin’s slower network or Ethereum’s high gas fees.
Moreover, with Ripple’s legal victory over the SEC and the anticipated launch of an XRP Spot ETF, the XRP ecosystem is gaining momentum within the U.S. financial landscape.
XRP, currently the fourth-largest cryptocurrency with a market cap of over $130 billion, is widely used for payments and money transfers. However, the post forecasts a future where XRP could also serve as a store of value—potentially positioning it alongside Bitcoin, which is often viewed as “digital gold.”
The most explosive claim? If Trump’s tax cuts align with increased crypto adoption and regulatory clarity, XRP could surge by more than 1000%. Still, the author makes it clear: this prediction hinges entirely on the tax cut scenario, which remains speculative.
XRP’s recent performance lends some optimism to the outlook. Over the past year, XRP has climbed 343.4%, with a 7.7% increase in the last two weeks and 8.7% in the past month.
The post Donald Trump’s 2025 Tax Plan Could Spark a 1000% XRP Price Rally, Analyst Claims appeared first on Coinpedia Fintech News
A viral post by the X account All Things XRP has sparked debate with a bold theory: former President Donald Trump’s proposed 2025 tax plan could be the catalyst for the next major crypto bull run—particularly benefiting XRP. The post presents a hypothetical scenario: the elimination of federal income tax for Americans earning under $200,000 …