Dig Deeper, Invest Smarter
World’s largest bank JPMorgan is now exploring Bitcoin and Ethereum-backed loans, against clients’ crypto holdings. From chief Jamie Dimon calling Bitcoin a “fraud” to now leveraging the asset class for loan instruments, the bank has taken a complete 180-degree turn. This pivot comes amid strong institutional demand for top crypto assets BTC, ETH in recent
The post Breaking: JPMorgan Explores Bitcoin, Ethereum-backed Loans in Jamie Dimon’s 180-degree Shift appeared first on CoinGape.
Coinbase Financial Markets has introduced perpetual futures trading to U.S users. The platform is the CFTC-regulated arm of the leading crypto exchange, Coinbase. It is the first occasion where American retail traders can trade regulated perpetual contracts that are free of monthly expirations. The launch includes nano Bitcoin and Ether futures, requires separate approval, and
The post Coinbase Launches CFTC-Regulated Perpetual Futures in the U.S. appeared first on CoinGape.
Ahead of the US Federal Reserve FOMC Meeting on May 6, the market is analyzing the impact of its latest move to resume bond purchases. Over the past few weeks, Fed Chairman Jerome Powell has waded off pressures to lower interest rates at a time when pundits believe this move could revive the market. However, the apex bank resumed bond purchases, fueling more speculation on what this move means for the broader financial market.
The US Federal Reserve has initiated its biggest 3-year bond purchase since 2021, according to an X update from Money Guru Digital. The bank injected $20 billion daily, as shown in the Treasury auction results. With expectations for interest rate cuts at the FOMC meeting slated for May 7.
It is worth noting that this liquidity injection marks a big statement from the Fed as it suggests the bank is addressing lingering financial stress. This level of capital injection was last seen during the COVID-19 pandemic, a comparative measure to stabilize the market.
Amid the ongoing U.S.-China trade war and changing market realities, Fed Chair Jerome Powell is acting more cautiously. Despite the tempered approach to the market stabilizing plans, the exact policy update from tomorrow’s meeting can change the market trend.
Outside the FOMC meeting, Jerome Powell and US President Donald Trump have clearly different views on how to handle the economy. As CoinGape reported earlier, President Trump urged the Fed to lower interest rates ahead of Wednesday’s meeting.
The premise hinges on inflation being under control. It is pegged at 2.39%, down from 2.82% in March. Despite the tariff war, this inflation is closer to the benchmark 2% annualized target set by the Federal Reserve.
It remains unknown what the Fed’s position is, but bond purchases might provide short-term relief for the financial market overall.
Historically, risk-on assets like Bitcoin are known to react to FOMC meeting decisions. A lowered interest rate will make the yield on crypto assets more attractive to investors.
After an intense volatility earlier in the trading day, Bitcoin price has reclaimed the $95,000 mark amid a 1.3% rally. Altcoins are also responding to the potential interest rate update tomorrow with Ethereum, XRP, and Solana paring off their daily losses.
Per an earlier BTC price review, the coin has a potential $100,000 breakout thesis. Irrespective of the direction of the Fed on Wednesday, a move that may also materialize if the Fed continues to inject liquidity into the market.
The post FOMC Meeting: US Fed Resumes Bond Purchase, Is Interest Rate Cut Ahead? appeared first on CoinGape.
The post Analysts Explain Why Remittix Might Be A Better Bet Than Ripple Despite XRP vs SEC Case Ending appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the SEC may finally be nearing its conclusion, but analysts are already shifting focus to what comes next. While the XRP price could see short-term gains, some experts argue that Remittix offers a stronger long-term opportunity. Built for global payments and backed by real-world adoption potential, Remittix is emerging as a serious contender in the utility altcoin space, possibly outpacing Ripple in the years ahead.
XRP is getting increased attention after CME Group announced plans to launch XRP futures on May 19, 2025, subject to regulatory approval. This shift would enable institutions to access XRP exposure without owning the token, thus paving the way for wider participation.
The announcement follows Ripple’s much-awaited legal settlement with the SEC, which had accused the company of unregistered securities sales. With that case behind it, XRP now appears on firmer ground.
Source: CoinMarketCap
Legal clarity and potential futures trading have given Ripple breathing room to rebuild market trust. Still, analysts like EGRAG remain cautious. While the XRP price has jumped to $2.37 a 7.77% weekly gain it’s hovering in a tight zone between $2.15 and $2.41.
Crypto analyst EGRAG says anything within this range is “just micro noise.” A decisive three-day close above $2.41 would signal a breakout. Until then, despite strong headlines, Ripple remains in wait-and-see territory.
While Ripple now enjoys legal stability and institutional buzz, Remittix (RTX) draws attention for a different reason: growth. Unlike XRP, which is battling resistance at $2.41, Remittix is still early in its journey and rising fast.
Priced at just $0.0757, it has already gained over 400% during presale, raising over $14.8 million. Analysts say this momentum is driven by real-world demand, not courtroom wins or futures speculation.
Remittix offers something Ripple does not: complete crypto-to-fiat conversion that lands directly in global bank accounts. It allows users to send crypto like BTC, SOL or XRP and have it arrive as local currency, all without hidden fees.
It also supports over 40 cryptocurrencies and 30+ fiat currencies, positioning itself as a practical solution for everyday users and global businesses. That’s a far cry from Ripple, which still relies on institutional deals and large-scale partnerships to fuel its vision.
What sets Remittix apart isn’t just speed, it’s flexibility. Businesses can open merchant accounts, manage crypto withdrawals and access over 50 crypto pairs alongside 30 fiat currencies.
All it takes is an internet connection to unlock the platform’s powerful Pay API, which helps merchants reduce costs and streamline global payments. The native RTX token fuels every platform transaction, conversion and payout, making it the engine behind one of crypto’s most promising real-world use cases.
For investors looking at long-term adoption, Remittix appears better positioned. Its business model connects directly to the $250 trillion cross-border payments market. Meanwhile, Ripple remains in a narrow technical range and is waiting on confirmation from traders. That contrast is why analysts believe Remittix could be the more rewarding bet in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
The post Analysts Explain Why Remittix Might Be A Better Bet Than Ripple Despite XRP vs SEC Case Ending appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the SEC may finally be nearing its conclusion, but analysts are already shifting focus to what comes next. While the XRP price could see short-term gains, some experts argue that Remittix offers a stronger long-term opportunity. Built for global payments and backed by real-world adoption potential, Remittix is …