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Metaplanet’s aggressive Bitcoin buying strategy has paid off, allowing the company to surpass Bhutan’s $1.3 billion Bitcoin holdings. With its latest purchase of 2,205 BTC, Metaplanet now holds $1.7 billion worth of Bitcoin, putting it $400 million ahead of Bhutan’s holdings. Metaplanet Leads in Bitcoin Holdings, Bhutan Falls Behind According to the latest reports, Metaplanet’s
The post Japan’s Metaplanet Surpasses Bhutan in Bitcoin Holdings, $400M Ahead appeared first on CoinGape.
Fartcoin price has become one of the best-performing cryptocurrencies this month. It has surged by over 170% in the last 30 days, outperforming the stock market and top coins like Bitcoin and Ethereum. Fartcoin is still showing bullish signs, a trend that may be boosted if Solana price surges to $200.
The ongoing Fartcoin surge has triggered more upside for some popular Solana meme coins. Dogwifhat has jumped by 37% in the last seven days, while Popcat, Cat in a dogs world, and Gigachad have soared by 20% and 50%, respectively.
The rally has also sparked a substantial Solana price comeback. After bottoming at $94.5 earlier this month, SOL has soared by 40% to $135, outperforming comparable tokens like Cronos and Avalanche.
This Solana rally has excited some crypto investors, some whom expect it to rebound to $200 eventually. Such a move would signal a 50% surge from the current level. Such a rebound is possible since the coin has a history of dropping and rising over time.
For example, Solana price crashed to $168 on January 13 and then recovered by 75% to $295 a few days later. Also, as shown below, Solana plunged to $109 in August last year and then soared by 140% to $265 a few months later.
A renewed Solana surge would be highly bullish for meme coins in its ecosystem like Fartcoin, Bonk, and Dogwifhat.
Fartcoin price has soared after bottoming at $0.19 in March. It has soared by over 300%, making it the best-performing major coins in the market, and pushing its market cap close to the $1 billion mark.
The token moved above the key resistance point at $0.6345 on April 9. This was a notable level since it was the upper side of the cup and handle pattern, a highly accurate continuation sign.
This C&H pattern had a depth of 71%. The coin has now moved above the 25-day Exponential Moving Average (EMA), which is a bullish sign.
Therefore, measuring 71% from the upper side of the cup brings the target price at $1.0730, which also coincides with the 61.8% Fibonacci Retracement level. That target would be a 20% above the current level. A move above that target would point to an increase to the 50% retracement point at $1.3732. A recent CoinGape article quoted an analyst who predicted that Fartcoin would soar to $1.29.
The bullish Fartcoin price forecast will be canceled if the price drops below the crucial support at $0.6345, the upper side of the cup. It would signal a potential drop to the lower side of the cup at $0.2125.
The post How High Can the Fartcoin Price Surge if Solana Soars to $200? appeared first on CoinGape.
The post XRP Price Prediction if Ripple IPO Goes Public appeared first on Coinpedia Fintech News
A new post by Italian crypto expert Fabio Zuccara is turning heads in the XRP community. It explores a bold scenario: what if Ripple goes public and eventually matches the market value of tech giants like Google, Apple, or Microsoft? What would that mean for XRP’s price?
Let’s break it down.
At present, XRP is the fourth-largest cryptocurrency, with a market capitalization of $137.36 billion and a 24-hour trading volume of $3.11 billion. XRP has a circulating supply of 58.62 billion coins, and its current price stands at $2.34 — marking a staggering 343.1% increase in the past year.
Meanwhile, Ripple Labs, the company behind XRP’s technology, has an estimated valuation of $10.88 billion.
As per Grok, the AI chatbot from Elon Musk’s xAI, to simulate how XRP’s price could evolve based on Ripple’s hypothetical IPO and massive future growth.
Here’s what the Grok-powered scenario analysis suggests:
Note: Although Ripple and XRP are separate entities, the analysis assumes XRP’s value is closely tied to Ripple’s success — a common perspective among many investors.
Despite the excitement, many crypto analysts are skeptical. Most experts suggest that XRP could reach between $3 and $20 by 2030 in a more realistic scenario.
Crypto analyst Zuccara acknowledges that a $735 price point for XRP would require:
While the idea of a Ripple IPO is appealing to many investors, Ripple CEO Brad Garlinghouse has previously clarified that there are no plans for an IPO in the near future.
Until Ripple officially announces otherwise, such predictions — while fascinating — remain speculative.
While Grok’s AI-based scenario adds an interesting layer to the XRP price discussion, it’s important to remember the difference between possibility and probability. The $735 target is based on ideal conditions that may not unfold.
Still, the post has successfully reignited conversations around Ripple’s future — and what that could mean for XRP holders.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post XRP Price Prediction if Ripple IPO Goes Public appeared first on Coinpedia Fintech News
A new post by Italian crypto expert Fabio Zuccara is turning heads in the XRP community. It explores a bold scenario: what if Ripple goes public and eventually matches the market value of tech giants like Google, Apple, or Microsoft? What would that mean for XRP’s price? Let’s break it down. Ripple’s Current Status At …
Spot Bitcoin ETFs extended their inflow streak by another day on Thursday, marking the fifth consecutive day of net positive flows. The total inflow for the day stood above $440 million.
The continued inflows come amid a modest market rebound over the past 24 hours.
Bitcoin ETFs recorded another day of net inflows on Thursday, extending their streak to five consecutive days. The latest addition of $442 million brought the week’s total to $2.68 billion, the highest weekly net inflow since the first week of December 2024.
On Thursday, BlackRock’s ETF IBIT recorded the largest daily net inflow of $327.32 million, bringing its total cumulative net inflows to $40.96 billion.
Ark Invest and 21Shares’ ETF ARKB followed in second place with a net inflow of $97.02 million, pushing its total historical net inflows to $3.09 billion.
The crypto market has witnessed a modest rebound over the past 24 hours, pushing BTC’s price up by 1% over the past day. During the same period, open interest in BTC futures has also risen, signaling a slight uptick in investor demand.
At press time, this is at $65.31 billion, up 1% today. The gradual rise in BTC’s price and open interest signals growing market participation and increasing confidence in the ongoing trend.
This simultaneous uptick suggests that new positions are being opened to support the price movement, often interpreted as a bullish indicator.
Moreover, call volumes have outpaced puts in the options market, reflecting a tilt toward bullish sentiment. As of this writing, the coin’s put-to-call ratio is at 0.74.
When an asset’s put-to-call ratio is below 1, more call options are being purchased than puts, reflecting a bullish sentiment among options traders. This suggests that investors are positioning for a sustained upside in BTC’s price.
However, despite these positive indicators, BTC’s funding rate remains negative. At press time, the metric is at -0.0008%.
The funding rate is a periodic payment between long and short positions in perpetual futures contracts. It keeps the contract price in line with the spot market. When the funding rate is negative, it indicates bearish sentiment, as more traders are betting on a price decline.
This suggests that some futures traders are still betting on BTC’s short-term downside, even as ETF demand and market metrics show renewed strength.
The post BlackRock Leads as Bitcoin ETFs Inflow Streak Hits Day 5 | ETF News appeared first on BeInCrypto.