Strategy founder Michael Saylor has sparked controversy with his surprising comment on ‘proof-of-reserves.’ A viral video shows Saylor calling exchanges and companies publishing on-chain proof-of-reserves a ‘bad idea,’ igniting a heated debate on the X platform. Saylor Thinks Publishing Proof of Reserves Is Not Good Earlier today, Bitcoin proponent and analyst Mitchell shared a thread on his official X page, revealing Michael Saylor’s approach to proof-of-reserves. During a May 26 event related to the Bitcoin 2025 conference in Las Vegas, Michael Saylor stated, referring to proof-of-reserves, “It’s a bad idea.” Significantly, Michael Saylor’s skepticism on the idea is primarily driven by its potential limitations and risks. According to the MicroStrategy founder, by publishing the proof-of-reserves, the companies are exposing themselves to security threats and other vulnerabilities. He posited, The current, conventional way to publish proof of reserves is an insecure proof of reserves. It actually dilutes the security of the… Read More at Coingape.com
The era of the Ethereum price hype could be coming to an end. The cryptocurrency market saw a new opportunity when IntelMarkets launched its presale and secured more than $11 million. The platform has a token price of $0.09 which will rise to $0.10 in the next stage.
The combination of advanced AI tools with dual chain support could allow IntelMarkets to become a powerful rival against Ethereum (ETH). Many investors have their eyes on this emerging platform because it shows signs of a potential 10x surge.
IntelMarkets’ $11M Presale Shakes the Market
The crypto market has shown interest in IntelMarkets, which helped it to raise above $11.2 million in presale. The new platform currently sells tokens for $0.09 which will increase to $0.10 in the next stage.
The speed at which investors are getting IntelMarkets tokens in the presale could show their confidence in its ability to possibly challenge the Ethereum price. IntelMarkets has achieved success in presale through its advanced trading capabilities.
Source: IntelMarkets
The Intelli-M robots at IntelMarkets possess self learning capabilities. They can automatically adopt the market trends and learn from their mistakes to perform better. Further autopilot trading bots would guide users through easy crypto transactions. They use preset risk strategies while reducing the need for manual intervention in trades.
The platform gives its users the ability to maximize investment returns through its impressive 1000x leverage feature. IntelMarkets also offers dual chain functionality that would allow secure transactions on both Ethereum and Solana blockchains. This could give greater flexibility to users than the competing platforms.
IntelMarkets is becoming famous in the crypto industry because of its AI-based features and the potential to surge 10x after launch.
Ethereum Faces Challenging Market Conditions
Ethereum (ETH) has been facing intense market pressure because its value dropped around 30% this month. In fact, the current ETH/BTC ratio is the lowest it has been since 2021 which shows increasing market difficulties.
The Ethereum price is still trading above $2,000. However the platform is facing challenges because of regulatory concerns, spot ETF reviews, and market decline. The Layer 2 networks and selling pressure from institutions have also caused the Ethereum price to plunge lower.
Source: CoinMarketCap
The ETH token is still at number 2 in the market despite facing challenges. The upcoming EIP-4844 updates could promise to improve both the ETH token’s scalability and transactional performance as a sustainable development. The Ethereum price could experience a rebound if it maintains its support levels.
Yet analysts believe that the volatile market conditions might continue for the Ethereum price. Market experts are closely tracking the performance of the ETH token. However, investors are considering IntelMarkets because of its modern blockchain solutions and presale success.
IntelMarkets Could Potentially Rival Ethereum With 10x Surge
The Ethereum price continues to drop, and IntelMarkets is stepping into the limelight due to its massive presale success. If IntelMarkets reaches even 1% of ETH’s massive market cap of above $267 billion, each INTL token could be around $1.34.
From the current presale price of $0.09, this could mean an increase of over 1,300%. According to this prediction, IntelMarkets could easily experience more than 10x surge after launch.
The platform is also consistently working to improve its presence. IntelMarkets aims to add a Coin Margin Derivatives Contracts feature to its system. This development would allow traders to use Bitcoin and Ethereum as security for crypto futures and perpetual contracts. This feature improves flexibility and liquidity for users.
IntelMarkets has also performed many stress tests to guarantee its users that it can process big volumes of transactions while maintaining speed and security. This constant development and advanced AI-based features could allow IntelMarkets to potentially become the next big rival of the ETH token.
Final Thoughts
The recent swings in the crypto industry have severely affected the Ethereum price. This allowed emerging platforms like IntelMarkets to take the stage with an impressive $11M presale.
Its advanced features and investor confidence could allow INTL to surge 10x after launch and be the potential ETH rival. Now is the best time to invest in the platform before the token price increases in the next stage.
The post The Next Big Ethereum Rival? This Explosive Presale Raised $11M and Is Targeting a 10x Surge appeared first on Coinpedia Fintech News
The era of the Ethereum price hype could be coming to an end. The cryptocurrency market saw a new opportunity when IntelMarkets launched its presale and secured more than $11 million. The platform has a token price of $0.09 which will rise to $0.10 in the next stage. The combination of advanced AI tools with …
Trump Coin price slipped 4.3% as regulatory heat and political protests escalate around the US President’s Dinner hosting top investors in the memecoin. TRUMP Token Hits $2.5B as Justin Sun Joins Trump Dinner Amid Protests and Regulatory Backlash Official TRUMP token price tumbled 4.3% in the last 24 hours, as Donald Trump hosted a private dinner attended by TRON’s Justin Sun and ex-NBA star Lamar Odom. According to Coingecko data, the TRUMP token now trades below $13 market, with its total valuation hovering precariously above the $2.5 billion market at press time. TRUMP Token Price Action | Source: Coingecko The Trump memecoin gala, held May 23 at Trump National Golf Club in Washinton, quickly became politically charged as over 100 demonstrators protested outside, chanting against crypto’s growing influence in U.S. politics. Ahead of the event, TRUMP price rose to $13.55, before pulling back 4.3% to $12.91 in the last 24… Read More at Coingape.com
Davinci Jeremie, one of the early Bitcoin investors has flipped bullish on Solana price, predicting that SOL could surge 20x. This bullish forecast comes amid significant growth of the Solana blockchain, as the DeFi Total Value Locked (TVL) approaches a three-year high.
Early Bitcoin Investor Predicts 20x Rally for Solana Price
Jeremie is one of the top market analysts famed for correctly predicting a Bitcoin price rally during BTC’s early years. In 2011, Jeremie urged traders to buy Bitcoin at only $1 saying tryst it had much potential to rally.
The analyst has now shifted his attention to Solana, saying that the altcoin could potentially surge by 20x. Jeremie further noted that US President Donald Trump would be the key to this price rally. He stated,
“Meme coins are going to be exploding on Solana because Trump made so much money on it. So why couldn’t any corporation or any famous person do the same thing.”
Jeremie’s Solana price prediction highlights that meme coin activity will be the catalyst for SOL’s price rally. If this happens, Solana price could post an over 20x rally and surpass $1,000.
Despite the bullish forecast, meme coin activity on the Solana blockchain has dropped significantly. Efforts by PumpFun to boost usage have not been successful, with the total market cap for SOL-based meme coins plunging to $6 billion.
Solana DeFi Activity Surges
Besides meme coins, the other factor that could trigger a Solana price rally is DeFi activity. Data from DeFiLlama shows that the SOL DeFi Total Value Locked (TVL) has risen to $56M, which is the highest level in nearly three years.
Solana DeFi TVL
The surge in TVL shows that there is a high amount of SOL tokens that are now locked on the Solana blockchain. This supports a bullish outlook and might also support a significant price rally for the altcoin.
Solana Technical Analysis
Solana price today trades at $118 with a 2% gain in 24 hours. The four-hour Solana price chart shows mixed sentiment. SOL fluctuates within a descending parallel channel. This shows that the bearish momentum is strong, which might cause SOL to edge lower.
At the same time, the RSI is tipping south and has dropped to 44. This shows that selling activity remains strong, which might hamper SOL’s ability to rally.
However, the AO bars hint towards a trend reversal. This metric is rising, which might drive a surge in buying pressure. If the histogram bars flip positive, it will support a bullish thesis for Solana price.
SOL/USD: 4-Hour Chart
To sum up, Solana price seems poised to make an uptrend. Early Bitcoin investor Jeremie predicts that SOL can rally 20x due to meme coin activity. However, the 4-hour price chart shows the prevalence of bearish trends.
robots at IntelMarkets possess self learning capabilities. They can automatically adopt the market trends and learn from their mistakes to perform better. Further autopilot trading bots would guide users through easy crypto transactions. They use preset risk strategies while reducing the need for manual intervention in trades.
