Central banks around the world are actively researching, testing, and piloting central bank digital currencies (CBDCs), with several countries already rolling out digital money for public use. However, despite growing interest, day-to-day adoption among citizens remains limited.
CBDCs offer several clear advantages. They allow governments and central banks to implement monetary policies more efficiently, making processes like tax deductions and foreign investment regulations automatic. Additionally, CBDCs cut down on the costs and complexities of printing and managing physical cash.
India, widely recognized for its digital payment success with UPI, is now eyeing its next milestone with programmable digital money. The country launched its Digital Rupee pilot in December 2022, and by early 2024, it had onboarded 1.3 million users and over 300,000 merchants. The pilot uses a token-based offline model and integrates smoothly with existing digital infrastructure like UPI and Aadhaar.
Aishwary Gupta, Global Head of Payments at Polygon Labs has opened up about how different countries are learning from their CBDC experiments. “As of 2024, over 130 countries, representing 98% of global GDP, are exploring CBDCs,” Gupta said in an interview with Coinpedia. “But adoption is uneven. China’s e-CNY has over 260 million wallets and processed more than $250 billion, but its daily usage remains limited. Nigeria’s eNaira has struggled with adoption, mainly due to trust and utility gaps.”
He added that India’s early success is thanks to its strong digital infrastructure and public-private collaboration. Gupta believes CBDCs must address real-world challenges like financial inclusion and remittances while preserving privacy to gain public trust.
“Public-private partnerships, strong identity frameworks, and clear communication are key. Ultimately, trust in CBDCs is not built through issuance, but through design, transparency, and impact,” the expert said.
The Bigger Debate: Control vs. Privacy
While central banks maintain that CBDCs are meant to complement cash, not replace it, critics argue they could eventually tighten government control over monetary systems. As the world moves toward tokenized assets and decentralized technologies, concerns around privacy, surveillance, and financial freedom in a CBDC-driven economy continue to grow.
The global CBDC experiment is still in its early stages, but the conversations around trust, privacy, and the role of central banks in a digital future are only getting louder.
Onyxcoin (XCN) experienced an impressive rally earlier this month but has struggled to recover from subsequent declines. Despite initial optimism, the altcoin has failed to regain its momentum, leaving XCN holders increasingly impatient.
As the market sentiment turns uncertain, XCN enthusiasts are questioning the potential for a price uptrend.
Onyxcoin Investors Are Uncertain Of Returns
The current market sentiment for Onyxcoin is largely negative, as reflected in its funding rate. The negative funding rate indicates that more traders are betting against the coin by placing short contracts in the futures market.
This growing dominance of short positions signals skepticism among investors, who are primarily aiming to profit from a potential price drop rather than expecting upward movement. The market is currently more inclined toward caution, and the lack of confidence in a price uptrend has led to increased bearish sentiment among traders.
Onyxcoin’s macro momentum also presents challenges for investors. The Chaikin Money Flow (CMF) indicator, which measures the volume-weighted average of accumulation and distribution, is currently in negative territory, signaling that outflows are still dominating the market. Although the CMF is slightly rising, it has not been able to sustain any meaningful upward movement. This continued dominance of outflows suggests that XCN is still struggling to maintain bullish momentum.
Until the CMF consistently rises above the zero line, the overall sentiment remains cautious. This inability to gain traction could hinder XCN’s potential to break past key resistance levels, leaving the altcoin vulnerable to further declines.
XCN price is currently trading at $0.0186, showing a modest 11% increase over the last 24 hours. While the broader crypto market has experienced an uptick, XCN may struggle to hold above its support at $0.0182.
If the altcoin fails to maintain this level, a drop to $0.0150 is likely, marking a two-week low for the token. This would wipe out the recent gains and could trigger further selling as investors look to minimize their losses.
On the other hand, if XCN successfully secures $0.0182 as a support floor, it could signal a potential recovery. In this scenario, the altcoin might rise to $0.0237, invalidating the bearish outlook and providing an opportunity for further gains. However, this will require stronger investor confidence and broader market support.
The crypto market is beginning to recover from the general market dip that saw the market free fall. With a recovery in progress, now is the best time to buy altcoins before the market fully recovers. Several tokens are already looking bullish, and you can’t afford to miss some of them this year if you want to gain explosive returns in 2025. These tokens are XRP, PI, RXS, PEPE, and BERA. With bullish sentiment driving the market, these five tokens present compelling cases for explosive returns in 2025.
Ripple (XRP)
Ripple’s XRP has steadily increased after a major legal win against the SEC. With the agency dropping its appeal, XRP surged to $2.60 before settling around $2.45. Analysts are eyeing a breakout past $2.80, with predictions soaring as high as $77.7 in this bull cycle. An XRP ETF approval could fuel a rally, with JPMorgan estimating $8 billion in investments within the first year. Ripple’s ecosystem is also expanding, fueling its growth. If momentum continues, XRP could soon retest its all-time high and hit higher highs.
Pi Network (PI)
Pi Network is at a critical point, as its price has dipped below $1. Despite this slump, analysts see bullish signals. One sign is the Three Drive chart pattern, which hints at a potential breakout. Market sentiment remains uncertain, fueled by speculation over a Binance listing and upcoming token unlocks. Burning 60-100 million PI coins could stabilize the price. With the crypto market surging, Pi Network could make a strong comeback if key resistance levels break.
Rexas Finance (RXS)
Rexas Finance is gaining attention as its vision for real-world asset (RWA) tokenization could unlock new opportunities for investors to join the market. Accessibility has been a problem in the RWA market due to the high cost of these assets and geographical restrictions.
Hence, Rexas Finance aims to change the narrative through tokenization. The tokenization process turns RWAs like real estate and intellectual property into digital tokens. Its innovative ecosystem strongly supports this vision, offering practical tokenization and RWA investment solutions for regular investors and institutions.
One of its standout features is the Rexas Token Builder, which allows individuals and companies to create tokens without technical expertise. This tool is fueling the expansion of asset tokenization, making it easier than ever to bring real-world value onto the blockchain. Rexas Finance’s upcoming token launch on June 19 is expected to be a significant turning point.
Demand is surging, with its presale already at 91% sold out and over $47.5 million raised. The token has already appreciated by 566% since the start of the presale, showing strong bullish momentum. Analysts predict that RXS could see exponential growth post-launch. Liquidity will increase as it gets listed on major exchanges, further driving price momentum. The RWA sector is gaining popularity, with projections suggesting it will hit $16 trillion by 2030.
Hence, Rexas Finance is well-positioned to be a market leader as it gains widespread adoption. Experts project a rally to $15 in a short time frame. Rexas Finance’s innovative approach, strong presale performance, and upcoming launch make it a top pick.
Pepe Coin (PEPE)
PEPE shows signs of a breakout after a consolidation phase. Bullish momentum is building, backed by substantial volume and positive technical indicators. The RSI remains above 50, signaling continued buyer interest. Meanwhile, the MACD crossover hints at an uptrend. A significant rally could follow if PEPE breaks past key resistance at $0.00000766. However, support at $0.00000589 will be crucial if selling pressure increases. Investors are closely watching for the next big move as the meme coin gains traction.
Berachain (BERA)
BERA is making waves with a remarkable surge. This year, it has jumped over 40% from its lowest point to $7.45. Its market cap now exceeds $795 million, fueled by a booming DeFi ecosystem. Berachain also has $3.2 billion in Total Value Locked. Infrared Finance alone holds $2.13 billion, reflecting massive growth. Introducing Proof of Liquidity and new reward vaults has driven further excitement. With stablecoin liquidity crossing $1 billion and strong technical indicators, Berachain is positioned for even more gains in 2025.
Conclusion
These five tokens are gaining investor attention as the crypto market readies to recover fully. Ripple (XRP) is poised for a strong rally, especially if an ETF is approved. Pi Network (PI) faces uncertainty but could see a revival if key bullish patterns play out. Similarly, Pepe Coin (PEPE) and Berachain (BERA) also hold strong upside potential, with technical indicators signaling further gains. Meanwhile, Rexas Finance (RXS) could be the best bet as its early growth potential gives it an upper hand. It could witness exponential growth post-launch, supported by a strong presale performance and high utility.
For more information about Rexas Finance (RXS) visit the links below:
The post Ripple (XRP), Pi Network (PI), and 3 More Tokens You Can’t Afford to Miss in 2025 appeared first on Coinpedia Fintech News
The crypto market is beginning to recover from the general market dip that saw the market free fall. With a recovery in progress, now is the best time to buy altcoins before the market fully recovers. Several tokens are already looking bullish, and you can’t afford to miss some of them this year if you …
Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH’s price, which dropped 10% in the last week. With momentum slipping, many are now wondering, is a bigger crash coming next week?
Ethereum ETF Outflow Continues
On April 11, Ethereum spot ETFs saw a total outflow of $29.2 million, making it the fourth day in a row with negative movement. Leading the outflow charge was Grayscale’s fund (ETHE), which recorded the highest withdrawal at $26.1 million, followed by Bitwise (ETHW), which saw $3.1 million pulled out.
This ongoing drop in big investor support is causing more selling, making Ethereum’s price fall further.
But it’s not just the money flowing out that’s causing concern. Ethereum’s network activity is also slowing down as fewer users are interacting with apps built on the Ethereum blockchain.
In fact, unique active wallets on Ethereum have dropped by over 33% in the past month. In comparison, Solana only saw a 16% decrease, while Tron saw a 16% increase in activity.
Major Bank Losing Confidence In ETH
To make matters worse, Standard Chartered Bank has lowered its year-end price target for ETH by 60%. The bank now expects Ethereum to end the year around $4,000, citing concerns over its scalability and competition.
They believe Ethereum has become too reliant on Layer 2 networks and may be losing its edge.
Will ETH Price Continue To Drop?
Ethereum’s price has dropped by 10% in the past week, and things could get worse if demand keeps falling. Without strong support from big investors, it’s harder for ETH to bounce back anytime soon.
Right now, charts show a bearish trend, meaning sellers are still in control. If the price falls below $1,500, it could drop even further, possibly to the $1,300 or $1,200 range.
On the flip side, if ETH holds strong and climbs above $1,700, there’s a chance for a short-term recovery. In that case, the price could rise toward $1,900 or even $2,000 in the coming days.
The post Will Ethereum Price crash More Next week?? appeared first on Coinpedia Fintech News
Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH’s price, which dropped 10% in the last week. With momentum slipping, many are …
