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Japanese firm Metaplanet has announced its latest Bitcoin purchase. This acquisition comes just before the broader crypto market starts to bounce back from recent lows. This reflects institutional confidence despite market volatility. Metaplanet Makes Latest Bitcoin Purchase Metaplanet disclosed that it had purchased an extra 463 Bitcoin at an average price of about $115,895 per
The post Just In: Japan’s Metaplanet Acquires $53.7M in Bitcoin as Market Rebounds appeared first on CoinGape.
Aethir, a leading Decentralized Public Infrastructure Network (DePIN) firm, is making a bold move in the AI and gaming sectors…
The post Ripple News: XRP Trading Volume Hits $16B But On-Chain Metrics Fall appeared first on Coinpedia Fintech News
XRP is witnessing a strong comeback in early 2025, with average daily spot trading volumes reaching $3.2 billion and spiking over $16 billion during peak periods in January and February. Despite this impressive momentum, concerns are rising over a sharp decline in on-chain activity — suggesting a growing disconnect between market hype and actual blockchain utility.
Over the past year, XRP has delivered a stunning 298.8% gain, including a 26.9% jump in the last 30 days alone. Notably, between January 10 and 17, XRP surged by 44.89%, hitting a local peak of $3.4 on January 16. As of today, XRP is up 2.5%, trading around $2.14.
The spike in trading volume reflects strong interest from both institutions and retail traders. Investment products tied to XRP have also attracted $214 million year-to-date — a clear sign of growing investor confidence.
A post from Ripple Pundit highlights that fiat and stablecoin trades involving XRP rose from 25% to 29%, indicating increased interest in regulated, fiat-linked trading pairs.
While market activity is strong, XRP’s on-chain metrics are deteriorating. XRP Ledger transactions have fallen 37.06%, while new wallet creation dropped over 40.28%. In addition, daily trading volume has declined by over 86% in the last six months, signaling possible short-term fatigue or profit-taking.
Investor optimism remains buoyed by positive regulatory developments. The U.S. SEC has dropped its appeal against Ripple, opening the door for a possible settlement. Meanwhile, speculation is building around a potential XRP Spot ETF approval in the near future — a move that could fuel another major rally in 2025.
The post Ripple News: XRP Trading Volume Hits $16B But On-Chain Metrics Fall appeared first on Coinpedia Fintech News
XRP is witnessing a strong comeback in early 2025, with average daily spot trading volumes reaching $3.2 billion and spiking over $16 billion during peak periods in January and February. Despite this impressive momentum, concerns are rising over a sharp decline in on-chain activity — suggesting a growing disconnect between market hype and actual blockchain …
POPCAT has faced significant challenges since the beginning of February, as attempts at recovery have failed to materialize. Despite some price rallies, the meme coin has struggled to regain its losses, with a 48% drop weighing heavily on its performance.
While the altcoin is still attempting a recovery, a lack of strong support and market optimism is causing delays in any significant rebound. But the meme coin did have a key bullish moment this week.
The Chaikin Money Flow (CMF) indicator has remained stuck below the zero line for the past three and a half months. This suggests that inflows into POPCAT have been weak since early December 2024, with little buying interest. The lack of conviction due to fear of losses from investors has contributed to a lack of momentum, keeping the meme coin from experiencing a recovery.
The weak CMF reading signals that investors are not pouring money into POPCAT, which is preventing a meaningful price increase. This has led to the coin’s struggle to maintain any positive price action, further delaying the recovery.
Technical indicators such as the Relative Strength Index (RSI) also reflect POPCAT’s struggle to find sustained momentum. The RSI has remained below the neutral line of 50.0 for the past three months, indicating weak bullish signals. This reinforces the notion that broader market cues are not supporting a strong recovery for the meme coin.
Without support from the broader market, POPCAT has found it difficult to break out of its current downtrend. Until the market improves, POPCAT is unlikely to break its bearish cycle.
Over the last four days, POPCAT has rallied nearly 20%, currently trading at $0.180. A key catalyst was Robinhood’s POPCAT listing on Thursday, which is expected to drive more investment into the asset and expose it to more investors.
The altcoin has bounced off the support level of $0.140 and is now under the resistance of $0.203. While this recent recovery is encouraging, it will face significant challenges in breaching the $0.203 barrier.
Given the weak market conditions and investor sentiment, POPCAT could struggle to break through the $0.203 resistance. It is more likely that the altcoin will consolidate within the range of $0.140 to $0.203, at least until stronger market cues emerge. This could delay any potential recovery further.
However, if market conditions and investor behavior improve, POPCAT may push past the $0.203 resistance. A successful breach of this level could see the altcoin test $0.238, invalidating the current bearish outlook. This would signal a shift in market sentiment and possibly set the stage for a more sustained recovery.
The post POPCAT Price Struggles to Recover from 48% Drop; Could Robinhood Listing Trigger a Rally? appeared first on BeInCrypto.