Nasdaq-listed Classover Holdings (NASDAQ: KIDZ) announced a massive $550 million SOL purchase with the goal of building its own Solana treasury reserve. As per reports, the firm has entered into an agreement with Solana Growth Ventures LLC with a $500 million securities purchase agreement via senior secured convertible notes. Soon after, the KIDZ stock saw a massive 40% upside on Monday. Classover Holdings Partners With Solana Growth Ventures As part of the initial closing, edtech firm Classover announced the signing of an $11 million convertible note financing agreement, a major stepping stone to build its SOL reserve. This financial agreement will allow noteholders to convert their holdings into Classover’s Class B common stock at a 200% premium over the stock’s closing price, just before the closing date. The move comes as the edtech firm navigates liquidity challenges. According to InvestingPro data, the company’s current ratio of just 0.02 highlights significant… Read More at Coingape.com
Coinbase officially launched XRP futures contracts on its U.S. Derivatives Exchange on April 21. The XRP futures saw strong performance, with daily trading volume already surpassing 100 million USDC. The strong start shows the increasing demand and interest from both retail and institutional traders.
The futures include two types of contracts, Standard Contracts representing 10,000 XRP, aimed at large institutions and active traders, and retail-oriented “nano” contracts representing 500 XRP each, or approximately $1,000 as of April 21, for retail traders and smaller institutions, as per the filings.
Coinbase expanded its offering adding to its 20+ existing contracts on assets like Bitcoin, Ether, Dogecoin, and Solana. The launch also follows recent additions of CFTC-regulated Cardano and Natural Gas futures.
Major exchanges like Coinbase, Robinhood and CME have been expanding their crypto futures offerings to cater to the rising demands. Coinbase now lists derivatives for over 92 assets globally and around 24 in the US. Derivatives trading on the exchange soared over 10,000% last year. The exchange is also reportedly eyeing Deribit acquisition to expand its presence.
Oregon Files Lawsuit Against Coinbase
Just days before Coinbase launched XRP futures, the Oregon Attorney General filed a lawsuit against the exchange claiming that the 31 tokens including XRP, UNI, LINK, AAVE, and MKR, are unregistered securities sold on Coinbase.
Paul Grewal, Coinbase CLO also condemned Oregon’s Attorney General for filing the lawsuit and warned that this lawsuit could not just harm Coinbase, but the entire crypto industry. He claimed the lawsuit lacked credibility and was motivated by political and financial interests.
The post XRP Futures Take Off on Coinbase, Hit $100M in Daily Volume appeared first on Coinpedia Fintech News
Coinbase officially launched XRP futures contracts on its U.S. Derivatives Exchange on April 21. The XRP futures saw strong performance, with daily trading volume already surpassing 100 million USDC. The strong start shows the increasing demand and interest from both retail and institutional traders. The futures include two types of contracts, Standard Contracts representing 10,000 …
A sub-wallet is snapping up millions of Pi Coins from centralized exchanges in eyebrow-raising fashion. Cryptocurrency expert Dr Altcoin reveals that the wallet is affiliated with the Pi Core Team (PCT) and is a valiant attempt to stabilize the Pi Network price.
PCT-Linked Sub-Wallet Buys 48 million Pi Coins
According to cryptocurrency expert Dr Altcoin, the PCT is wading into stabilizing the Pi Network price following the Pi unlock event. In a post on X, Dr Altcoin revealed that the PCT is snatching millions of Pi Coins from centralized exchanges via a sub-wallet.
Dr Altcoin notes that the sub-wallet has launched a Pi Coin accumulation spree, gobbling up 48.5 million Pi worth $31 million. The sub-wallet, created only two months ago, has acquired a chunk of its Pi holdings from centralized exchanges.
Reports of a Pi Network price crash following the Pi unlock event have triggered worry among community members. To address the fears, Dr Altcoin says the PCT is attempting to buy millions of Pi Coins from exchanges. He argues that the mass purchase is a better short-term strategy for the Pi Network than burning Pi Coins.
“This sub-wallet only recently began accumulating Pi and currently holds around 48.5 million coins,” said Dr Altcoin. “It’s a smart alternative to burning tokens, but it is only a short-term strategy.”
Pi Network Price Is Holding Up Well, Yet Concerns Remain
At the moment, it appears that the PCT’s short-term strategy of buying Pi Coins from centralized exchanges is yielding benefits. Pi Network price is trading above $0.6 after racking up nearly $6% over the last day. Daily trading volume is up by 53.86% to settle at $116.4 million.
Enthusiasm for Pi Coin to reach $5 is at a high following reports of whales moving 41 million Pi from exchanges. However, there are lingering fears of a Pi Network price drop if the PCT cannot continue to fund its Pi Coin purchasing spree.
“The million-dollar question is: Can the PCT afford to keep buying Pi from CEXs to stabilize the price, or are there better long-term plans in place?”
If the PCT is unable to continue buying Pi Coins from exchanges, a steep price drop to $0.3 is a grim possibility for the Pi Network price.
Shady activity on Banxa threatens investors with wild volatility in the near future, as investors turn to the PCT for a cushioning effect.
Amid market uncertainty, Cardano (ADA) has been consolidating in a tight range over the past few days near a crucial level, creating a make-or-break situation. For the past 11 days, ADA has been fluctuating between $0.70 and $0.74, now testing the lower boundary of this range.
ADA’s Current Price Momentum
Besides this consolidation, ADA’s current price is also supported by an ascending trendline that has been intact since the beginning of March 2025. The asset is currently trading near $0.71 and has registered a modest price surge of over 0.50% in the past 24 hours.
Cardano (ADA) Technical Analysis and Key Levels
According to expert technical analysis, ADA is already forming a symmetrical triangle pattern alongside its ongoing consolidation. If the asset breaks out of this pattern and closes a four-hour candle above the $0.74 level, there is a strong possibility it could breach the consolidation and surge by 15% to reach the $0.85 mark.
Source: Trading View
As of now, the asset holds the potential to rise by 3%, meaning it could easily reach the $0.736 level. This prediction applies to a lower time frame. However, on a higher time frame, ADA’s daily chart suggests that a major rally will only begin once the asset closes a daily candle above the $0.85 level.
With the ongoing bearish market sentiment and an unclear pattern, traders and investors seem to be participating less in ADA, resulting in a record drop in trading volume, as reported by the on-chain analytics firm Santiment.
Source: Santiment
Data reveals that the asset’s trading volume is at its lowest since the beginning of 2025. Moreover, in the past 24 hours, the volume has dropped further by 15%.
The post Cardano (ADA) Price Prediction For March 23 appeared first on Coinpedia Fintech News
Amid market uncertainty, Cardano (ADA) has been consolidating in a tight range over the past few days near a crucial level, creating a make-or-break situation. For the past 11 days, ADA has been fluctuating between $0.70 and $0.74, now testing the lower boundary of this range. ADA’s Current Price Momentum Besides this consolidation, ADA’s current …
