Ripple News: XRP Futures Now Live on Coinbase, Is XRP ETF Next?

Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers. Speculation is rising over potential tax policy changes, including a rumored zero capital gains tax on digital assets. However, even with a presidential executive order, it would require approval from the House of Representatives. The altcoins price, including ETH, XRP, SOL, and ADA price has seen a price rebound over the past 24-hours with BTC gaining 5%.

The White House issued a statement that indicated the upcoming meetings would address electronic assets as well as regulatory frameworks and economic guidelines. The movement of Bitcoin, Ethereum, and XRP prices forward received a significant boost when Trump included these cryptocurrencies in his proposed strategic reserve plans. The prices started declining because investors learned that the congressional approval mandate stands between the reserve plan and its implementation.

Cryptocurrencies Price Spikes: Are Altcoins Poised for More Gains Before Trump’s Summit?

Crypto market analysis has rebounded following recent market declines, pushing the total market cap up by 4.08% to $2.86 trillion. Altcoins have shown recovery, with Bitcoin gaining 4%, Ethereum 5%, and XRP 6%. Other top altcoins, including Solana and Binance Coin, have also followed the upward trend. This market movement comes ahead of the Trump Crypto Summit, set to take place in the on 7th March 2025.

Trump will host a crypto summit on March 7, 2025, scheduled from 1:30 PM to 5:30 PM ET (12:00 AM to 4:00 AM IST on March 8, 2025).

Here’s who’s confirmed to attend:

– Michael Saylor, Founder of Strategy
– David Bailey, CEO of Bitcoin Magazine
– Matt Huang, Co-founder of… pic.twitter.com/qjzKnEFA1L

— Crypto India (@CryptooIndia) March 5, 2025

Bitcoin Price Recovers 5%, Is $90k Level Next?l

Over the past 24 hours, the BTC price saw a 5% recovery, reaching $88,761. The BTC price bounced from the $81,529 support but faced resistance at $90,000.  With Bitcoin dominance is showing weakness.

The Relative Strength Index (RSI) stands at 53.97, signaling neutral momentum. A break above $90,000 could push BTC toward $100,000, while failure to hold gains may lead to another drop toward $84,000. Market volatility remains high.

ETH Price Eyes 30% Surge Ahead of Trump Crypto Summit

Ethereum price has surged past $2,200, gaining momentum from renewed market optimism. The digital asset secured support at $2,150, fueling expectations of a stronger rebound.  ETH recorded a 7% increase over the past 24 hours, now trading around $2,240.  

The price surge comes as the market anticipates a key crypto summit involving former U.S. President Donald Trump. If bullish momentum strengthens, Ethereum could climb toward $2,260, with further gains potentially pushing it to $2,500.  

Analysts suggest that sustained bullish activity may drive ETH above $3,000, marking a 30% rise. The rally highlights growing confidence in altcoins amid broader market recovery.

XRP Price Holds Key Support as Analysts Eye Surge to $222

Ripple (XRP) price is holding above a critical support trend, signaling a possible breakout. Analysts highlight its strong consolidation above Fibonacci 0.888, aligning with historical patterns. 

XRP’s next move could target $8.5 to $13, with a potential Fib 1.618 extension at $27. If history repeats, Fibonacci extensions suggest a possible range between $27 and $222.

What Next for Altcoins?

If BTC holds key support levels, altcoins may continue their bullish momentum. A strong Bitcoin trend often signals increased confidence in the crypto market predictions. This could lead to price surges for major altcoins being the altcoins to watch.

Altcoins such as Solana, Binance Coin, Dogecoin, and Aave could see further gains. Investors are anticipating additional catalysts from the Trump Crypto Summit, which may shape the market’s direction in the coming weeks.

The post Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit? appeared first on CoinGape.

The Pi Network price continues to rise in a high-volume environment, beating other popular cryptocurrencies. This surge has coincided with the ongoing adoption and the rising optimism that it will soon be listed on Binance. As a Made in USA crypto, there are some signs that the SEC will approve a Pi coin ETF, a move that would push its price higher.

How High Can Pi Network Price if SEC Approves Pi ETF?

The SEC, under Donald Trump, has become more friendly to the crypto industry. It has already ended major lawsuits on companies like Uniswap, Coinbase, and Gemini. 

There are also hopes that the SEC will start approving various crypto ETFs. The most notable ones are Solana, XRP, and Litecoin.

Pi Network has some qualities that would make one of the big financial services companies to apply for a spot ETF. It is a large crypto with a market cap of $13.6 billion and a fully diluted valuation of $195 billion. This makes it bigger than other ETF candidates like Litecoin and Hedera. It is also a Made in USA coin, which Trump is focusing on.

Further, Pi Network cannot be classified as a security since it is a proof of work coin like Litecoin and Bitcoin. As such, Pi cannot be accused of being a security since the developers never had a token sale.  These features also mean that the Pi Network may be added into Trump’s crypto reserve.

A Pi Network ETF would likely be a good catalyst for the coin as others have done. For example, the XRP and LTC prices rose as ETF approval odds rose. 

Pi Network Price Analysis: Can it Surge to $100?

The value of Pi coin was at $1.97 on Wednesday, meaning that it needs to rise by almost 5,000% from the current level. Such big moves are possible in the crypto industry. For example, Mantra price has jumped by almost 30,000% since December 2023. As such, a Pi coin ETF would be a validation and help to quell concerns that Pi Network was a scam. 

Pi Network price has some solid technicals as it has just formed a falling wedge pattern on the hourly chart. A falling wedge often leads to a bullish reversal, which explains why it has risen to the highest point since March 2. Pi also wants to flip the key resistance level at $1.96, the highest level on March 3.

Therefore, the Pi coin token will likely continue rising as buyers target the key level at $3.01. Such a rally would be a 52% surge from the current level. More gains, potentially to $5 will be confirmed if it rises above that price.

A drop below the support at $1.5177, its March 2 low, will invalidate the short-term bullish view. Such a move will point to further downside, potentially to the next key support at $1

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Shiba Inu price continues its recovery this week. It has surged to $0.00001420, its highest level since March 27. It has jumped by 40% from its April 8 low and has formed a bullish pattern, pointing to more gains ahead. This article looks at whether SHIB price can surge and hit $0.0001 as competition from meme coins like Fartcoin and Pepe Coin rises.

Shiba Inu Price Surge to $0.0001 Unlikely Amid Fartcoin, Pepe Coin Competition

The meme coin industry has gotten highly competitive this year. Most of this competition is coming from Solana meme coins like Fartcoin, whose price has surged by 455% from its March lows. However, Shiba Inu still holds a good place in the sector, and is one of the most popular players. Etherscan data shows that the number of SHIB holders has continued to rise and has just crossed a key milestone at 1.5 million.

SHIB has also taken several initiatives like launching Shibarium, a layer-2 network that has handled over 1 billion transactions. Most importantly, it is one of the top deflationary meme coins, a situation made possible by its daily token burns. It has incinerated over 411 trillion tokens, a trend that may keep going on as Shibarium gains steam.

These fundamentals mean that Shiba Inu price can jump by 600% and get to $0.0001 even as competition rises. This growth would bring its market cap to about $58 billion. Besides, in the past Dogecoin has hit that milestone before. Cardano also had a market valuation of $91 billion during its peak.

Two key things are clear. First, the growth of Fartcoin and Pepe Coin will not disrupt SHIB price surge. Historically, meme coins have tended to exhibit a close correlation. Second, the surge to $0.0001 will take time.

SHIB Price Forecast and Technical Analysis

The weekly chart reveals that Shiba Inu price forecast is bullish because it has formed a highly bullish pattern known as a double-bottom. Its lower side is at $0.000010, while the neckline is at $0.000035, which is about 137% higher than the current point.

The coin has also created a small double bottom whose neckline is at $0.00001565. Also, the Awesome Oscillator has pointed upwards and is about to cross the zero line for the first time since November last year. SHIB price jumped by double digits when the AO indicator crossed the zero line in November last year. This indicator shows momentum and is calculated by subtracting two simple moving averages of the median price.

Therefore, the SHIB price is likely to experience a bullish breakout this year, reaching $0.0000033. Further gains in the Shiba Inu price above that level will lead to additional upside, potentially reaching last year’s high of $0.00004560. A drop below the year-to-date low of $0.00001077 will cancel the bullish SHIB prediction.

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