Dig Deeper, Invest Smarter
The crypto market’s volatility has hit Barstool CEO Dave Portnoy severely, as his single XRP investment decision has put him in a major loss. The Ripple token has been on a bullish trajectory in the last few days. And at one point, Portnoy made a decision that cost him millions in profits. Dave Portnoy Sells
The post “I Want to Cry”- Barstool CEO Dave Portnoy As XRP Breaks All Time High 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.
XRP price is gaining momentum following Ripple’s SEC settlement, with bullish technical indicators pointing to a potential upward breakout.
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the nearly four-year standoff.
According to newly unsealed court documents dated April 16 and shared by defense attorney James K. Filan, Circuit Judge José A. Cabranes granted the motion to temporarily suspend the appeal process.
The SEC is now mandated to file a status update within 60 days, effectively pressing pause on the courtroom drama.
The temporary suspension follows Ripple’s decision to pay a $50 million settlement, signaling a firm move toward regulatory closure. With this legal overhang potentially fading, XRP is poised for renewed institutional interest and broader integration into Ripple’s growing payment infrastructure.
XRP price forecast leans moderately bullish as the digital asset hovers near $2.08, with technical indicators hinting at a potential breakout. The Donchian Channel signals compression between support at $1.61 and resistance at $2.25, indicating a consolidation phase that often precedes directional moves.
Notably, Ripple price has recently closed above the midline of the Donchian Channel, suggesting growing buyer interest.
Momentum supports this narrative. The MACD histogram has flipped green with increasing bars, while the MACD line has crossed above the signal line, signaling a shift in short-term momentum toward the bulls. This crossover near the zero line often precedes more significant rallies, especially after prolonged bearish phases.
However, downside risks remain if XRP falls below the midline at $1.93. That would expose the lower bound of $1.61. A sustained close above $2.25 could confirm bullish continuation toward $2.40, marking a technical breakout with higher conviction. Until then, XRP trades in a tightening range with bullish bias.
The post XRP Price Forecast: Ripple Settles With SEC—Is $2 the New XRP Price Floor? appeared first on CoinGape.
Michael Saylor has flashed the tell-tale sign for an incoming Bitcoin purchase for MicroStrategy. The incoming purchase will be a massive haul for MicroStrategy, with investors jockeying for positions ahead of the market-moving announcement.
MicroStrategy has its sights on a fresh Bitcoin purchase in the coming days after company CEO Michael Saylor hinted at an incoming acquisition. Saylor shared MicroStrategy’s portfolio tracker in an X post, a tell-tale sign typically preceding a Bitcoin purchase announcement.
Michael Saylor’s post was accompanied by a caption hinting at increased buying activity by the software firm. The latest hint follows Saylor’s plans to raise $84B for Bitcoin purchases via stock sales to fund its acquisition spree.
“Too much blue, not enough orange,” said Michael Saylor in an X post.
According to the portfolio tracker, MicroStrategy holds 553,555 BTC worth $52.8 billion at currency prices. Given fresh capital raises, investors are rippling with enthusiasm that the incoming purchase will be the largest by MicroStrategy.
While the incoming purchase is poised to push MicroStrategy’s holdings closer to 600K, the software company holds over 2% of Bitcoin’s total supply. Furthermore, the purchase may see MicroStrategy leapfrog BlackRock in the race to 1 million Bitcoin.
Barely hours after Michael Saylor shared the portfolio tracker with the caption, BTC price climbed by nearly 3%. An actual purchase will send prices on a rally akin to previous BTC acquisition announcements by MicroStrategy.
Bitcoin price has traded sideways for over a week, and markets are eyeing strong fundamentals to power a push to $100,000. Crypto analyst Javon Marks is eyeing a BTC rally to set prices toward $116,652, but it is unclear if MicroStrategy’s purchase will power the rally.
“As for Bitcoin’s target at $116,652, it goes unchanged and prices have made monumental progress in a recovery recently towards it,” said Marks.
Bitcoin trades at $95,000 with indicators pointing northward toward $100K in search of a catalyst to trigger a rally. However, Robert Kiyosaki and Arthur Hayes have predicted the Bitcoin price to $1 million, but Michael Saylor says he will “forever buy the top.”
The post Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K appeared first on CoinGape.