High-stakes crypto trader James Wynn has taken his riskiest bet yet – a $1.2 billion leveraged Bitcoin long position on Hyperliquid. However, CrediBULL Crypto says James Wynn’s Hyperliquid BTC long position runs a high risk of liquidation. CrediBULL Crypto Is Pitching His Tent Against James Wynn Pseudonymous cryptocurrency investor James Wynn has sent the cryptoverse buzzing after opening a Hyperliquid BTC long position. Per on-chain data, James Wynn’s new leveraged long position is valued at $1.25 billion and comprises 11,407 BTC. The high-stakes investor has previously gone long on Bitcoin before taking partial profits. James Wynn’s previous $1.1 billion BTC long threatened to send the HYPE token price to $100. Now, Wynn has reopened the position while raising the stakes, but pundits are predicting a grim outlook for the trader. Wynn’s Hyperliquid BTC long position is set at $105K, and with Bitcoin price trading at $108K, CrediBULL Crypto says Wynn… Read More at Coingape.com
MANTRA is planning to launch a $108,888,888 Ecosystem Fund to drive RWA innovation over the next four years and help accelerate projects in MANTRA’s blockchain ecosystem.
MANTRA’s native token OM has shown significant resilience in the current market downturn. OM is currently the only altcoin among the top 30 tokens to have posted positive gains over the past 24 hours.
Today, it announced the launch of a $108,888,888 Ecosystem Fund to propel RWA innovation in its blockchain ecosystem.
“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets. We are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem,” claimed John Patrick Mullin, founder and CEO.
Mullin delivered these comments in an exclusive press release shared with BeInCrypto. MANTRA plans to deploy this fund over the next four years, working with “a strong network of partners and investors” to maximize RWA growth.
The firm also claimed that its new license approvals in Dubai will allow it to facilitate advanced financial services.
MANTRA successfully obtained a Virtual Asset Service Provider (VASP) license, which will allow it to act as a crypto exchange and offer broker-dealer, management, and Investment Services. With these tools, the network can direct RWA investment.
Today, we’re announcing the launch of the MEF – a $108,888,888 million investment initiative designed to propel real world asset innovation, adoption and growth.
But we’re not doing this alone. We’ve got leading incubators, accelerators and capital partners by our side;… pic.twitter.com/oyeCOJ9QrE
— MANTRA | Tokenizing RWAs (@MANTRA_Chain) April 7, 2025
In fact, MANTRA’s native token is the only cryptocurrency among the top 30 to have any positive gains. It’s also among the top 5 highest gainers in the market today.
MANTRA (OM) Daily Price Chart. Source: BeInCrypto
Overall, investors seem extremely confident in MATRA’s growth and the network’s continuous development. The project’s latest investment fund reflects its commitment to influencing positive developments in the RWA ecosystem.
Meanwhile, the find will likely encourage more RWA projects to launch or shift to the network, increasing MANTRA’s utility. According to DefiLlama, the network only has $4.2 million in total value locked (TVL).
With this fund, the project’s main goal will be to improve participation and long-term engagement on the blockchain.
XRP News: Ripple whales have once again sent shockwaves across the broader crypto market with their massive movers. On-chain data revealed by a top crypto analyst highlighted that over $5 billion worth of XRP was transferred in the past 24 hours. As a result, traders and investors weigh considerable bullishness towards the crypto, with market sentiments further uplifted due to a U.S. crypto reserve and ETF approval odds gaining weight.
XRP News: Ripple Whales Sparks Market Buzz
The latest bullish XRP news seen by traders and investors remains heightened transfers despite the broader market volatility. According to analyst Ali Martinez’s X post on March 5, over $5.37 billion worth of XRP was moved in the past 24 hours.
Source: Ali Martinez, X
This massive mover by Ripple whales emerges in tandem with Donald Trump’s recent announcement to include XRP in the U.S. crypto reserve. Other crypto like Bitcoin (BTC), Solana (SOL), and Cardano (ADA) are also highly anticipated to be included in the reserve.
As an upshot, XRP transfers rose substantially amid market participants abuzz with the crypto reserve announcement.
XRP Active Addresses Spike Adding Optimism
Simultaneously, CoinGape reported that, as of early Asian hours on Wednesday, active addresses on XRP’s network also rose by a staggering 620%, from 74,589 to 462,650. This data further fell in line with the Ripple whale activity surge, underlining positive market sentiment surrounding the coin. Reportedly, the crypto even showcases the potential to flip Ethereum as new highs await amid strong market support.
XRP News: SEC Lawsuit Conclusion Looms Over The Horizon
Simultaneously, the odds of a wrap-up of the Ripple vs SEC lawsuit have also gained notable weight. Attorney Jeremy Hogan recently hinted that an early dismissal of the XRP lawsuit is possible.
Reportedly, the American blockchain company’s CEO, Brad Garlinghouse, might participate in the upcoming White House crypto summit. This endeavor has further sparked market discussions over its potential impact on the ongoing lawsuit. The U.S. SEC last held a closed-door meeting on February 27, 2025, adding a layer of intrigue among market watchers.
XRP Price Surges 6% Today
XRP price today witnessed 6% gains and rested at $2.49. The coin bottomed and peaked at $2.30 and $2.53 in the past 24 hours. Notably, the rising action falls in line with the broader crypto market trend as prices recovered, absorbing trade war tensions.
On the other hand, XRP futures OI rose nearly 7% to $3.40 billion today, emerging as another bullish news for investors, indicating rising market interest. Overall, market participants expect significant gains amid rising Ripple whale activity, investor interest, and lawsuit-related developments.
XRP ETF Bets Spike
Also, it’s worth taking into account the soaring bets of an XRP ETF approval in the pipeline. Polymarket data shows that the chances of approval hover around 78% in 2025, another bullish XRP news for investors.
The crypto market rallied today, May 9, continuing a trend that has been going on in the past few days. This surge happened as the crypto fear and greed index turned green and as the macroeconomic risks on trade subsided. This article explains why the cryptocurrency market is going up and then provides price predictions for some of the top gainers like Uniswap (UNI), Floki (FLOKI), and Fartcoin (FARTCOIN).
Why the Crypto Market is Going Up
The crypto market is going up, with Bitcoin hovering above $102,000, and Ethereum soaring above $2,400 for the first time in months. Consequently, the market cap of all coins has jumped by 5.25% in the last 24 hours to $3.25 trillion. This surge happened for three key reasons:
Falling macro risks as trade talks start.
Increased crypto accumulation.
Coinbase and Deribit deal.
The main reason why the cryptocurrency market is going up is the falling macro risks as trade talks start. The US has already reached a trade deal with the UK, and talks with China will start on Saturday. As such, there is rising optimism that GDP risks will subside, clearing a path for the Federal Reserve to start cutting rates.
Third-party data show that investors are accumulating Bitcoin, hoping that the coin will keep surging. Inflows to Bitcoin ETFs have soared to over $40.8 billion this year, and have risen in the last two consecutive months. Spot Ethereum ETFs have also started seeing more inflows this week.
Further, crypto-related deals are rising this year. Coinbase acquired Deribit on Thursday, while Ripple Labs recently bought Hidden Road and made a bid for Circle, the second-biggest stablecoin issuer. Kraken has also acquired NinjaTrader, while Robinhood bought BitStamp last year. These actions have led to optimism that the crypto market is on a strong growth path.
Top Crypto Price Predictions: Uniswap, Floki, and Fartcoin
This section provides price predictions for some of the top-performing coins in the crypto market like Uniswap, Floki, and Fartcoin.
Uniswap Price Forecast: Giant Double-Bottom Forms
The daily chart shows that Uniswap price bottomed at $4.673 this month. It formed a small double-bottom pattern whose neckline was at $6, where it has moved above. Looking back, the coin has formed a giant double-bottom at $4.63, where it has failed to move below since August last year. The neckline of this pattern is at $19.47.
Therefore, the most likely Uniswap price forecast is bullish, with the first target being at $12. This target is the 50% Fibonacci Retracement level and the highest level on June 16, which is 91% above the current level. A drop below the support at $4.6 will invalidate the bullish outlook.
Uniswap price
Fartcoin Price Technical Analysis: Rising Wedge and Falling ADX is a Risk
Fartcoin has been one of the top performers in the crypto market as it jumped by almost 500% from its March lows. It has continued rising and is now nearing the 50% retracement level.
The risk, however, is that the rally is losing momentum as the Average Directional Index (ADX) has tilted downwards. Also, the token has formed a rising wedge pattern, a reversal sign.
Therefore, there is a risk that it may pull back and possibly move below $1 in the next few days. A clear break above the upper side of the wedge will invalidate the bearish Fartcoin forecast.
Fartcoin price
Floki Price Analysis: Flips Key Resistance
The daily chart shows that the Floki price formed a big falling wedge pattern in the first quarter. After this, the coin formed an inverse head and shoulders pattern. It has now moved above the key resistance level at $0.0000962, the highest swing on April 30, and where it was forming a small double-top pattern.
The most likely Floki forecast is bullish, with the next point to watch being at $0.00011, the lowest swing on November 3.
Floki price chart
Will the Cryptocurrency Market Rally Continue?
There is a likelihood that the crypto market rally will continue as risks ease and Bitcoin demand surges. However, there may be volatility if US and China talks don’t end well.
