Expert Reveals Why The Ethereum-To-Bitcoin Ratio Is Falling

The post Coinbase’s Stake in Circle Could Block Ripple’s Alleged $20 Billion Offer appeared first on Coinpedia Fintech News

Ripple is back in the headlines, reportedly raising its acquisition offer for Circle, the issuer of USDC. Initial reports suggested Ripple offered between $4 billion and $5 billion, but the offer was rejected by Circle. Now, new sources claim Ripple has increased the bid to $20 billion — though no official confirmation has been made.

Pro-XRP lawyer John Deaton weighed in on the situation. He said that Circle filed its S-1 registration with the SEC on April 1, 2025, planning to go public on the New York Stock Exchange (NYSE) under the ticker “CRCL.” JPMorgan Chase and Citigroup are listed as the lead underwriters, with the IPO expected to launch this summer.

Circle is reportedly targeting a valuation between $4 billion and $5 billion, which aligns with Ripple’s initial offer. However, this is still significantly lower than the $9 billion valuation Circle had aimed for during a failed SPAC merger back in 2022.

Deaton suggests Circle rejected the $5B offer because it expects its post-IPO value to be higher, possibly close to or above that $9B mark. He also highlighted the regulatory shift in favor of crypto, with pro-crypto policies and the possible passing of the STABLE GENIUS Act, as signs that a $10B+ deal wouldn’t be unrealistic.

Adding another layer of speculation, Deaton questioned Ripple’s relationship with Coinbase, which already owns a minority stake in Circle. This raises the possibility of a bidding war between major crypto players.

As of now, both Ripple and Circle have not confirmed any details of ongoing acquisition talks.

The post Coinbase’s Stake in Circle Could Block Ripple’s Alleged $20 Billion Offer appeared first on Coinpedia Fintech News
Ripple is back in the headlines, reportedly raising its acquisition offer for Circle, the issuer of USDC. Initial reports suggested Ripple offered between $4 billion and $5 billion, but the offer was rejected by Circle. Now, new sources claim Ripple has increased the bid to $20 billion — though no official confirmation has been made. …

The post FORM (FOUR) Eyes $1B MC; Solayer (LAYER) Slides After ATH – Key Levels & On-Chain Trends appeared first on Coinpedia Fintech News

Key Highlights

• FORM hit an all-time high of ~$2.64 on May 5, 2025, with a current market cap of ~$942M; it needs to rise to ~$2.60–$2.65 to break the $1B market cap milestone.
• Solayer reached ~$3.42 ATH on May 5, 2025, but has since dropped ~43% to ~$1.94, breaking below major support at $2.10–$2.20.
• FORM remains in a bullish consolidation phase above key support; Solayer shows a bearish breakdown with resistance flipping at $2.10–$2.20.
• FORM shows rising open interest, funding rates, and volume; Solayer shows falling open interest, negative funding, and increased liquidations.
• FORM remains bullish toward $1B if support holds, while Solayer stays bearish unless it reclaims the $2.10–$2.20 zone.

FOU (FORM) is trading at ~$2.46 with a market cap of ~$942M and 24h volume up 281% to ~$72.56M, putting it just ~6% away from the $1B milestone, likely requiring a price push to ~$2.60–$2.65. Meanwhile, Solayer (LAYER) recently hit an ATH of ~$3.42 but has sharply declined ~43% to ~$1.94, facing heavy selling pressure.

FORM (FOUR) — Bullish Momentum Faces Key $2.10–$2.20 Test

FOUR (FORM) surged from ~$2.10 to an ATH of ~$2.64, pushing the market cap to ~$942M and bringing the $1B milestone within striking distance. However, momentum has started cooling, and the $2.10–$2.20 support zone now acts as a crucial hold level for bulls.

The RSI reached ~77 (overbought) but has slightly eased, suggesting short-term overheating may trigger a pullback or consolidation. Meanwhile, the MACD is showing signs of flattening, hinting that the recent rally is losing steam. OBV (On-Balance Volume) remains elevated, reflecting strong underlying buying activity, but any decline here would be a warning that capital inflows are slowing.

Short-term moving averages (9-period SMA) sit around ~$2.25, making this the first technical checkpoint. A breakdown below $2.10–$2.20 risks sending price toward deeper support at $2.00 and $1.77

FOUR On-Chain Overview

FORM (FOUR):
Open interest surged from ~$40–50M in mid-April to ~$70M on May 6 as price exploded past $2.60, pointing to aggressive long buildup. OI-weighted funding rates turned positive in late April, confirming bullish leverage entering the market. Daily volume stayed moderate at ~$20–40M through April but jumped to ~$80–100M in early May during the breakout. Notably, May 5 saw a cluster of long liquidations following the rally, warning that late longs are now at risk of a shakeout if momentum fades.

Solayer (LAYER) — Breakdown in Play, Bounce Hinges on $1.90 Hold

Solayer (LAYER) surged from the March low near $1.07 to an ATH of $3.43, but momentum has sharply reversed following a breakdown from the rising wedge (bearish) pattern near $2.50. This breakdown accelerated a selloff toward the critical 0.618 Fibonacci retracement at $1.93, which now serves as the key make-or-break zone.

The RSI has cooled dramatically from overbought levels (>70) to ~40, signaling short-term exhaustion and opening the door to a potential relief bounce if buyers step in here. Meanwhile, the MACD shows a clear bearish crossover, underscoring the momentum shift. Crucially, OBV (On-Balance Volume) has declined steeply, confirming that this correction is driven by real capital outflows, not just a temporary sentiment shakeout — a red flag for dip buyers.

Short-term moving averages (9-period cross) have also flipped bearish, with price trading decisively below these trend gauges, suggesting that the immediate path of least resistance remains to the downside

Solayer (LAYER):

 Open interest climbed steadily from ~$40M on April 23 to ~$60M by April 30 but has since cooled to ~$30–40M as price corrected from its $3.40 peak. Funding rates flipped sharply negative post-May 5, signaling a sentiment reset and heavy long unwinds.

Volume rose from ~$60–90M in late April to ~$150–180M highs but is now tapering, reflecting reduced speculative activity. Liquidations spiked dramatically on May 5–6, with both longs and shorts wiped out as the price plunged, amplifying intraday volatility.

The post FORM (FOUR) Eyes $1B MC; Solayer (LAYER) Slides After ATH – Key Levels & On-Chain Trends appeared first on Coinpedia Fintech News
Form Coin and Solayer Coin

Crypto giants Ripple and Circle are again in the spotlight, with rumors of a $20 billion deal surfacing after a $5 billion agreement failed to materialize. Experts are divided on whether Ripple will go all out to acquire the stablecoin issuer, with some considering the $20 billion deal too unrealistic.

This article examines the likelihood of Ripple’s $20 billion bid for Circle and its potential impact on the XRP ecosystem.

Will Ripple Buy Circle for $20B?

In the latest development within the XRP community, all eyes are on Ripple’s escalating efforts to acquire Circle, a move that could solidify its position in the stablecoin market. Ripple is said to be pushing forward with a new $20 billion proposal, following the collapse of its $5 billion Circle deal. While Ripple remains tight-lipped about its Circle acquisition plans, expert insights from Scott Melker (The Wolf Of All Streets) suggest CEO Brad Garlinghouse might be considering a substantial bid increase.

Community Questions the Alleged ‘Unrealistic’ Circle Bid

Despite increasing speculations of Ripple’s potential $20 billion Circle purchase, many question the viability of the deal. For instance, industry expert Dom Kwok suggested that the XRP platform’s final offer for Circle will likely fall within the range of $6 billion to $6.5 billion. His estimation is based on the typical acquisition premium, which is the amount a buyer pays above the target company’s valuation to incentivize the sale. This premium usually ranges from 20% to 30%.

Assuming that Circle’s valuation is around $5 billion, the expert asserted that a 20% premium would put the offer at $6 billion, while a 30% premium would put it at $6.5 billion. With this detailed analysis, the expert dismisses the rumors surrounding Ripple’s potential purchase of the USDT issuer for a whopping $20 billion.

Amidst these speculations, XRP lawyer John Deaton has brought up an interesting angle regarding the deal. The XRP attorney underscored the possibility of a “bidding war” between Ripple and Coinbase, a top crypto exchange, which already holds a minority stake in the stablecoin issuer.

However, if Ripple finally acquires Circle, one of the largest stablecoin issuers, it could be a game-changer for the former.

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