Recent rumors suggest Elon Musk plans a massive $104 billion investment in Ripple’s XRP, stirring significant buzz across the crypto community. Despite the excitement, no official confirmation or credible sources
With community confidence unraveling, Jupiter scrambles to redefine its token’s role in DeFi.
Emily Nicolle dives into why building your own stablecoin is becoming more popular than tapping into existing alternatives.
BitcoinWorld Digital Asset Secures Landmark $135M to Revolutionize Real-World Asset Tokenization on Canton Network The digital finance landscape is buzzing with exciting news: Digital Asset , a trailblazer in distributed ledger technology, has just announced a colossal $135 million strategic funding round. This isn’t just another funding announcement; it’s a significant vote of confidence from major financial powerhouses in the burgeoning world of Real-World Assets (RWA) and the privacy-centric Canton Network . What does this monumental investment mean for the future of finance, and how will it accelerate the integration of traditional assets into the blockchain ecosystem? Unpacking the Power Behind Digital Asset and the Canton Network At its core, Digital Asset is more than just a software company; it’s a pioneer shaping the very infrastructure of tomorrow’s financial markets. Known for developing DAML (Digital Asset Modeling Language), their technology enables institutions to build and deploy complex, privacy-enabled multi-party workflows with unprecedented efficiency and security. This is where the Canton Network comes into play. The Canton Network stands out as a privacy-focused, interoperable blockchain network designed specifically for institutional use. Unlike public blockchains, Canton offers a permissioned environment where participants can interact and transact with the assurance of privacy and compliance. This unique architecture makes it ideal for handling sensitive financial data and complex operations, ensuring that only authorized parties can view specific transaction details while maintaining the integrity and immutability of a distributed ledger. The network’s design allows for atomic swaps and seamless integration across various financial applications, making it a critical piece of infrastructure for the future of finance. Why are Real-World Assets (RWA) the Next Frontier? The concept of Real-World Assets (RWA) refers to tangible or intangible assets that exist outside the blockchain, such as real estate, commodities, private equity, intellectual property, and even traditional financial instruments like bonds and money market funds. Bringing these assets onto the blockchain through tokenization is widely considered the next major leap for digital finance. The traditional markets for these assets often suffer from inefficiencies: Illiquidity: Many assets, like real estate or private debt, are hard to buy and sell quickly. High Transaction Costs: Manual processes, intermediaries, and legal complexities drive up expenses. Lack of Transparency: Opaque ownership structures and slow record-keeping can hinder trust. Limited Accessibility: High minimum investment thresholds often exclude smaller investors. By leveraging blockchain technology, RWA can be transformed, unlocking new levels of liquidity, fractional ownership, and global accessibility. This transformation promises to democratize investment opportunities and streamline cumbersome processes that have long plagued traditional finance. The Transformative Power of Tokenization: Unlocking Efficiency Tokenization is the process of converting rights to an asset into a digital token on a blockchain. This digital representation can then be easily traded, managed, and verified. For RWA , tokenization offers a suite of compelling benefits: Fractional Ownership: A single asset, like a building, can be divided into thousands of tokens, allowing multiple investors to own a piece. Increased Liquidity: Tokens can be traded 24/7 on global digital marketplaces, dramatically increasing an asset’s liquidity. Reduced Settlement Times: Transactions can settle in minutes, not days, thanks to blockchain’s inherent speed. Enhanced Transparency and Auditability: All token movements are recorded on an immutable ledger, providing a clear audit trail. Lower Costs: Automation reduces the need for intermediaries, cutting down fees and administrative burdens. Digital Asset’s focus on expanding RWA capabilities on the Canton Network specifically targets these benefits. Their existing work already encompasses a wide array of products, including bonds, money market funds, repurchase agreements (repos), mortgages, and insurance products. A notable success story includes the U.S. Treasury tokenization pilot project completed last year in collaboration with financial giants like Goldman Sachs and BNY Mellon, demonstrating the tangible application and immense potential of their technology in real-world scenarios. Driving Institutional Blockchain Adoption: A Collaborative Vision The $135 million funding round is not just about capital; it’s a powerful endorsement from some of the most influential players in global finance. The list of participants reads like a who’s who of the financial world: DRW Venture Capital, Tradeweb Markets, BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial, and Paxos. This broad coalition signifies a collective belief in the transformative potential of Institutional Blockchain solutions. These strategic investors aren’t just looking for financial returns; they are actively seeking to integrate distributed ledger technology into their core operations. Their participation underscores a growing consensus that blockchain is no longer a niche technology but a foundational layer for future financial markets. The Canton Network , with its emphasis on privacy and interoperability, is uniquely positioned to serve as the backbone for these complex Institutional Blockchain initiatives, enabling secure and compliant interactions between diverse financial entities. This collaboration signals a pivotal shift: the future of finance will be built on interconnected, blockchain-powered networks that enable seamless and efficient asset transfers across traditional and digital realms. It’s a testament to the fact that major institutions are moving beyond mere exploration and are now actively investing in and building the infrastructure for a digitized financial ecosystem. Looking Ahead: The Future of Finance with Canton Network The substantial funding secured by Digital Asset marks a critical milestone in the journey towards mainstream RWA tokenization and broader Institutional Blockchain adoption. This capital injection will undoubtedly accelerate the development and expansion of the Canton Network ‘s capabilities, pushing the boundaries of what’s possible in digital finance. We can anticipate more innovative products, enhanced privacy features, and greater interoperability that will further bridge the gap between traditional finance and the burgeoning digital asset space. The vision is clear: a more efficient, transparent, and accessible global financial system. As Digital Asset continues to innovate and collaborate with leading institutions, the promise of a truly digitized economy, powered by secure and privacy-preserving blockchain technology, moves closer to becoming a reality. This funding round isn’t just about growth for one company; it’s about setting the stage for a transformative era in how we interact with and manage assets worldwide. To learn more about the latest institutional blockchain trends, explore our article on key developments shaping Real-World Assets tokenization and its institutional adoption. This post Digital Asset Secures Landmark $135M to Revolutionize Real-World Asset Tokenization on Canton Network first appeared on BitcoinWorld and is written by Editorial Team
A crypto analyst has reaffirmed a bullish outlook for XRP, suggesting that the cryptocurrency’s price action is unfolding exactly as anticipated. The analyst points out that XRP is now approaching the critical support level at $1.90, which could signal a potential bullish reversal if the price manages to hold above it. XRP Eyes $1.90 As Key Reversal Zone Crypto market expert CasiTrades believes that the XRP price behavior is moving exactly as predicted following its recent price drop below $2. According to the chart and analysis published on X (formerly Twitter), XRP’s retracement toward the $1.90 region is not a sign of weakness but a textbook setup for a potential reversal. Related Reading: Daily Timeframe Says XRP Price Is On The Verge Of Breakout The $1.90 level represents a major Fibonacci Retracement zone, specifically the 0.5 retracement from the macro correction, which the analyst has been closely watching for a possible price reaction. According to CasiTrades, this zone is more than just a random support level—it aligns with a pattern that the analyst described in earlier updates. In these previous reports, CasiTrades was watching out for distinct price movements during XRP’s decline, including a bounce off a key Fibonacci level, a short-term fakeout upward to trap late buyers, and a final drop back into the support zone, where Bullish Divergence can develop. This distinct price pattern now appears to be playing out exactly as expected on the XRP price chart. If XRP holds above the $1.90 level while forming a Bullish Divergence on the Relative Strength Index (RSI), it could confirm a textbook bottom setup and potentially signal the start of a new impulsive rally. XRP And Bitcoin Display Synchronized Patterns CasiTrades’ price chart shows XRP forming a Descending Triangle, with its latest move dipping just into a high-demand zone marked by previous price reactions. In line with the Elliott Wave Theory, this pattern suggests the upcoming completion of Wave 2 with a massive breakout in Wave 3 potentially taking shape if the $1.90 support level holds. Additional support from key Fibonacci levels, such as the 0.618 and 2.136 extensions at $2.0 and $2.1, respectively, reinforces strength in XRP’s potential for a rebound. Related Reading: XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7 Interestingly, the analyst points to the Bitcoin price action mirroring this exact behavior—bouncing from just under its own 0.236 retracement near $97,000, and potentially setting up for a final dip into support. This synchronized structure across both XRP and BTC adds heavy confluence. CasiTrades notes that this current downturn is not a breakdown, but rather a final calculated shakeout before a broader rally. If both Bitcoin and XRP reach as expected while positioned at $0.19 and $97,000 respectively, the analyst believes it could trigger a new bullish leg in the crypto cycle. Featured image from Getty Images, chart from Tradingview.com
While Visa shares lost value after the GENIUS Act passed by the US Senate, CEO Ryan McInerney stated that they welcomed the process. Speaking on CNBC's Squawk on the Street, McInerney said Visa has been developing infrastructure for stablecoins for years and this new regulation will bring clarity to the industry. Visa CEO stated that the passage of the GENIUS Act will provide regulatory clarity for stablecoins. “We have been embracing stablecoins for a long time. We have built stablecoin-based solutions on Visa infrastructure and are working to develop new use cases on a global scale,” he said. McInerney countered concerns that the prospect of large companies issuing their own stablecoins would displace traditional payment systems. “Visa offers trust, ease of use and scale. When there are 5 billion Visa cards, 14 billion tokens and 150 million businesses choosing Visa today around the world, that’s where we stand out,” he said. Related News: After the Recent Surge, What Percentage of Users Are Profitable in Each Altcoin? Bitcoin Has Reached Its Peak, Here's the Latest on Altcoins According to McInerney, the real potential of stablecoins lies in countries outside the U.S. He said they would allow users in countries with currency shortages to spend through the Visa network using stablecoins. Recalling that Visa has been collaborating with stablecoin issuer Circle for a long time, McInerney stated that these collaborations will continue to increase. Is it a threat to Visa if giants like Amazon or Walmart issue their own stablecoins? McInerney is clear on this issue: “Even today, you can make payments with digital dollars on these platforms. Different payment methods are already in the system. The real opportunity is in geographies where these opportunities have not yet reached.” *This is not investment advice. Continue Reading: Visa CEO Speaks About the Industry Following Recent Cryptocurrency Developments in the US
As global tensions rise, seasoned investors spot opportunities. In times of market anxiety, strategic players make bold moves. Dive into which cryptocurrencies, including Bitcoin , Ethereum , and XRP , are catching their attention and hint at promising potential. Discover why the savvy eye these digital assets amidst the economic uncertainty surrounding Iran's situation. Bitcoin Price Dynamics and Strategies Bitcoin experienced a minor decline over the past month with a 2.56% drop, while showing a modest gain of 5.72% over the past six months. Price action in the last week also slipped by 1.59%, reflecting a period of mixed performance that saw the coin test its short-term limits without drastic swings. Bitcoin currently trades within a defined price range between $94,832 and $113,326.8, with key levels guiding trading focus. A near-term resistance is observed at roughly $121,869.42 while support holds at around $84,880.08. A second resistance emerges at about $140,364.09, and a lower support layer is near $66,385.41, which could serve as a pivotal point for further price action. Short-term indicators suggest a slightly bearish sentiment, with the momentum indicator at -394.88 and the Awesome Oscillator at -2,787. The Relative Strength Index of 50.72 indicates a neutral stance, suggesting cautious trading opportunities around these levels. Ethereum Update: Observing Recent Dips and Key Price Milestones Ethereum recorded a 5.33% drop over the past month, along with a significant 31.55% decline over the last six months. Price movements indicated a period of consistent downward pressure and volatility. The gradual decrease in value during these time frames reflects a market struggling to regain its footing, hinting at cautious sentiment among traders and investors. Ethereum trades between approximately $1,923 and $2,962. Immediate resistance is at around $3,395, with support near $1,319. A higher resistance level exists at roughly $4,434, while deeper support is at around $280. Several technical indicators point to a bearish outlook, with the Awesome Oscillator and Momentum Indicator in the negative, and an RSI close to 45 suggesting near-neutral conditions. Price action hasn't confirmed a clear uptrend, allowing for potential further declines. Trading strategies may include watching for breaks above $3,395 or considering entries near $1,319 if prices dip. XRP Faces Challenges: Recent Trends and Current Trading Dynamics XRP showed a weakening price action with a 1 week decline of -4.63% and a 1 month drop of -8.33%. Over the past six months, the coin experienced an overall decline of -7.08%, indicating market uncertainty. Price movements reflect XRP being squeezed between falling support levels and diminishing momentum while trading near its average range. Recent behavior highlights a balance between short-term corrections and longer-term adjustments in sentiment, with technical indicators leaning towards downside pressure. The challenges faced by XRP in maintaining upward momentum illustrate a cautious market environment despite its underlying potential. XRP is trading within a range of $1.95 to $2.53, with resistance near $2.88 and secondary resistance at $3.45. Support levels are identified at $1.73 and $1.15. Technical signals show mixed cues, suggesting bearish sentiment without a clear downward trend. If bulls push XRP decisively above the $2.88 level, momentum could accelerate towards higher resistance. Conversely, failure at the $1.73 support may lead to lower targets. Traders might consider dip buying near the lower range with tight stops while being cautious of reversals. Monitoring momentum shifts and volume changes is crucial, as rising volumes may confirm possible breakouts. A disciplined approach with defined risk limits remains essential. Conclusion Amid market panic, experienced investors are focusing on Bitcoin (BTC) , Ethereum (ETH) , and XRP . Bitcoin continues to show resilience and has a strong track record. Ethereum's ecosystem is expanding, providing more use cases. XRP remains active in financial sector developments. These coins attract attention from those who see long-term potential. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
BitcoinWorld US Dollar Decline: Unveiling Optimism in Global Markets The cryptocurrency market, often seen as a barometer for global investor sentiment, is intricately linked to traditional financial shifts. When major currencies like the US Dollar decline , it sends ripples across all asset classes, including digital assets. Recent developments, fueled by unexpected optimism for a global ceasefire, have seen the greenback retreat significantly, prompting a closer look at how these macroeconomic shifts influence the broader financial landscape. Understanding these movements is crucial for anyone navigating the complex world of investments, from traditional stocks to decentralized finance. US Dollar Decline: Why is the Greenback Retreating? The recent and notable US Dollar decline is a direct reflection of shifting global dynamics. For years, the dollar has held its ground as the premier safe-haven currency, a preferred asset during times of uncertainty and geopolitical turmoil. However, news of potential ceasefires and de-escalation in conflict zones has triggered a significant reassessment of risk among investors. When global tensions ease, the immediate need for a safe haven diminishes, leading capital to flow out of the dollar and into assets perceived as offering higher returns or growth potential in a more stable environment. Several factors contribute to this retreat: Reduced Safe-Haven Demand: Optimism regarding a ceasefire reduces the perceived risk in global markets, lessening the demand for the dollar as a protective asset. Investors become more willing to take on riskier, growth-oriented investments. Interest Rate Expectations: While the Federal Reserve has maintained a hawkish stance, market participants are increasingly pricing in potential rate cuts later in the year, especially if inflation continues to cool and economic growth shows signs of slowing. This expectation can weaken the dollar as it reduces the yield advantage it might offer over other currencies. Global Economic Rebalancing: As other major economies show signs of recovery or resilience, their respective currencies gain strength against the dollar. This rebalancing act is a natural consequence of improving global economic conditions outside the United States. This retreat is not necessarily a sign of weakness in the U.S. economy itself, but rather a reflection of a changing global risk appetite and a recalibration of currency valuations in response to evolving geopolitical and economic landscapes. Navigating the Forex Market Trends: What’s Shifting? The foreign exchange (Forex) market, the largest financial market globally, is currently experiencing significant shifts. The dollar’s retreat has created a ripple effect, strengthening other major currencies and altering established trading patterns. These Forex market trends are critical for international trade, corporate earnings, and investment strategies. Here’s a look at some key shifts: Euro’s Resilience: The Euro has shown surprising resilience, benefiting from the dollar’s weakness and signs of modest economic recovery within the Eurozone. While challenges remain, reduced energy price volatility and improving business sentiment have provided support. Yen’s Volatility: The Japanese Yen, often another safe-haven currency, has seen mixed movements. While it can benefit from a weaker dollar, its own domestic economic challenges and the Bank of Japan’s ultra-loose monetary policy continue to exert downward pressure. Commodity Currencies’ Strength: Currencies of commodity-exporting nations (like the Australian Dollar or Canadian Dollar) tend to strengthen when global optimism rises, as demand for raw materials increases. This trend is amplified by a weaker dollar, making commodities cheaper for non-dollar buyers. Understanding these interconnected movements is essential. For businesses engaged in international trade, favorable exchange rates can boost profitability, while unfavorable ones can erode margins. For investors, these trends open opportunities in foreign bond markets or equity markets, potentially enhancing portfolio diversification and returns. Impact on Global Trade and Investment The current Forex market trends have direct implications for the global economy. A weaker dollar makes U.S. exports more competitive, potentially boosting American industries. Conversely, it makes imports more expensive, which could contribute to domestic inflation. For countries holding large dollar reserves, a decline can reduce the value of those holdings, influencing their investment decisions. Table: Key Currency Pair Movements (Illustrative) Currency Pair Recent Trend Underlying Factor EUR/USD Upward USD Weakness, Eurozone Resilience GBP/USD Strong Upward USD Weakness, UK Economic Optimism USD/JPY Downward USD Weakness, BoJ Policy AUD/USD Upward USD Weakness, Commodity Demand This dynamic interplay underscores the importance of staying informed about global economic indicators and geopolitical developments. Sterling Surge: Is the British Pound Leading the Charge? Amidst the dollar’s retreat, the Sterling surge has been a standout performer in the Forex market. The British Pound has shown remarkable strength against the greenback, reaching multi-month highs. This robust performance is not solely a function of dollar weakness; it also reflects specific positive developments within the United Kingdom. Key drivers behind the Sterling’s strength include: Bank of England (BoE) Stance: The Bank of England has maintained a relatively hawkish stance compared to some other central banks, signaling a willingness to keep interest rates higher for longer to combat inflation. This provides a yield advantage for the pound, attracting foreign capital. Improving Economic Outlook: While the UK economy has faced headwinds, recent data points, including easing inflation and more resilient growth figures than initially feared, have painted a more optimistic picture. This renewed confidence encourages investment into UK assets. Reduced Political Uncertainty: Relative political stability in the UK, compared to previous periods of Brexit-related turmoil, also contributes to investor confidence, making the pound a more attractive holding. The Sterling surge has implications for both UK citizens and international entities. For UK consumers, a stronger pound makes imports cheaper and international travel more affordable. For businesses, it can reduce the cost of imported goods and raw materials, but it can also make UK exports less competitive on the global stage. This balance of trade effects is constantly monitored by policymakers and economists. Geopolitical Stability: A Catalyst for Market Reassessment? The underlying driver for much of the recent currency movement is the prospect of increased geopolitical stability . News of potential ceasefires and de-escalation in global conflicts has a profound impact on financial markets. For years, geopolitical tensions have fueled uncertainty, prompting investors to seek safety in assets like the US Dollar and gold. How does improved geopolitical stability influence markets? Reduced Risk Premium: When the threat of conflict diminishes, the “risk premium” associated with investing in growth assets (like equities or emerging market currencies) decreases. This encourages a shift from safe havens to riskier, higher-yielding assets. Increased Confidence: Stability fosters a more predictable environment for businesses and investors. It encourages long-term planning, foreign direct investment, and cross-border trade, all of which contribute to global economic growth. Capital Repatriation: As confidence grows, capital that had fled to safe havens during periods of instability may begin to return to its home markets or seek out new opportunities in regions previously deemed too risky. This can strengthen local currencies and boost domestic economies. While complete global peace remains an aspirational goal, any step towards de-escalation is viewed positively by markets. The anticipation of greater geopolitical stability can unlock significant capital flows and reshape the landscape of currency valuations, favoring currencies of economies poised for growth over traditional safe havens. Investor Sentiment: How Does Optimism Shape Your Portfolio? Ultimately, currency movements, like all financial market dynamics, are heavily influenced by investor sentiment . The collective mood of market participants – whether optimistic or pessimistic – can drive significant shifts in asset prices. The current wave of optimism, stemming from ceasefire hopes, illustrates this perfectly. When optimism prevails: Risk-On Behavior: Investors become more willing to take on risk. This often means selling traditional safe-haven assets (like the dollar or government bonds) and buying riskier assets such as equities, commodities, and even cryptocurrencies. Growth Expectations: Positive sentiment is often linked to expectations of stronger economic growth, which can lead to higher corporate earnings and improved job markets. This fuels a virtuous cycle of investment. Currency Preferences Shift: Currencies of countries with stronger growth prospects or higher interest rates become more attractive, while those perceived as safe havens may weaken. For individual investors, understanding investor sentiment is key to making informed decisions. While it’s unwise to solely trade on emotion, recognizing the prevailing market mood can help you anticipate broader trends. For instance, if optimism is leading to a weaker dollar, it might be a good time to consider diversifying into international assets or commodities. Actionable Insights for Investors In a dynamic market influenced by shifting sentiment, here are some actionable insights: Diversify Your Portfolio: Do not put all your eggs in one basket. A diversified portfolio across different asset classes (stocks, bonds, commodities, real estate, and even a portion in cryptocurrencies) and geographies can help mitigate risks associated with currency fluctuations. Stay Informed: Keep abreast of geopolitical developments, central bank policies, and key economic indicators. These factors directly influence currency movements. Consider Hedging: For businesses with significant international transactions, or investors with large foreign asset holdings, currency hedging strategies can protect against adverse exchange rate movements. Long-Term Perspective: While daily fluctuations are common, focusing on long-term trends and your financial goals can help you avoid making impulsive decisions based on short-term market noise. Summary: Navigating a Shifting Financial Landscape The recent retreat of the US Dollar decline , driven by renewed optimism for global ceasefires, marks a significant moment in the financial markets. This shift has propelled the Sterling surge and reshaped Forex market trends , highlighting the profound impact of geopolitical stability on currency valuations and overall investor sentiment . As the demand for safe-haven assets diminishes, capital is flowing towards currencies and assets poised for growth in a more stable global environment. For investors, these dynamics underscore the importance of adaptability and informed decision-making. Whether you’re tracking the strength of the British Pound or assessing the broader implications for your cryptocurrency holdings, understanding these interconnected forces is paramount. The financial world is constantly evolving, and staying ahead of these trends is key to navigating its complexities successfully. To learn more about the latest Forex market trends, explore our article on key developments shaping the US Dollar and Sterling liquidity. This post US Dollar Decline: Unveiling Optimism in Global Markets first appeared on BitcoinWorld and is written by Editorial Team
Key takeaways: Monero price prediction suggests a bullish trend, with XMR anticipated to reach $722.59 by the end of 2025. XMR could reach a maximum price of $1,501.34 by the end of 2028. By 2031, Monero’s price may surge to $2,445.93. Monero (XMR) stands out in the cryptocurrency space for its strong focus on privacy and decentralization of transactions, making it one of the leading privacy focused cryptocurrencies. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant milestones like enhanced protocol upgrades and growing adoption across various sectors, which underscore its utility. As Monero progresses, many wonder about its future price trajectory. Will its unique features drive significant value growth, as many traders speculate? Can it sustain its competitive edge in the ever-evolving crypto market? Will XMR recapture its ATH at $517.62 in the long term forecast? Overview Cryptocurrency Monero Token XMR Price $315.79 (+4.7%) Market Cap $5.82 Billion Trading Volume (24-hour) $96.9 Million Circulating Supply 18,446,744.07 XMR All-time High $517.62 May 07, 2021 All-time Low $0.213, Jan 15, 2015 24-h High $319.33 24-h Low $300.84 Monero price prediction: Technical analysis Sentiment Bearish 50-Day SMA $334.37 200-Day SMA $245.31 Price Prediction $680.20 (114.99%) F & G Index 15.46 (extreme fear) Green Days 12/30 (40%) 14-Day RSI 35.93 Monero price analysis TL;DR Breakdown Monero price shows a recovery toward $320 The XMR coin rose by over 4.5% at the time of writing. Monero price has support and resistance at $312 and $320, respectively. The Monero price analysis for June 24 shows some recovery as XMR moves back towards $320. Monero price analysis 1-day chart: XMR recovers towards $320 The 24-hour XMR/USD price chart indicates a mixed market sentiment as the altcoin observes an increase of more than 65% of its value in the last few days as XMR rose from the $220 price level to the $400 mark. However, after reaching the $400 mark, the price crashed sharply to the $310 level where it hovers as the bulls fail to climb past $320 resistance. XMR Price 1-day chart The indicators reflect the decreasing bearish price sentiment, as all three major technical indicators show positive signs. The MACD is bearish at -0.78 units and shows rising bullish pressure at the current price level. The RSI also shares this sentiment as it stabilized toward 47.32 level suggesting room for further movement in either direction. The converging Bollinger Bands suggest lower volatility, indicating that the $310 support may hold for the week. Monero price analysis 4-hour chart The 4-hour price chart shows that Monero rapidly recovered after the price broke down below the descending trend’s bottom line. Currently the bulls seek to cross $318. Monero price analysis 4-hour chart The RSI is at 57.10, suggesting bullish momentum as the price climbs back towards the $320 mark. The MACD, at 1.80, shows strong bullish momentum on the 4-hour charts. Additionally, the EMAs are around the mean value, it suggests a neutral market sentiment. These indicators collectively indicate a rising bullish trend below the $320 level, suggesting a climb towards higher supports. Monero technical indicators: Levels and actions Daily simple moving average (SMA) Period Value Action SMA 3 $ 272.62 BUY SMA 5 $ 293.31 BUY SMA 10 $ 306.52 BUY SMA 21 $ 315.94 BUY SMA 50 $ 334.41 SELL SMA 100 $ 278.55 BUY SMA 200 $ 231.97 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 322.82 SELL EMA 5 $ 316.31 BUY EMA 10 $ 291.58 BUY EMA 21 $ 261.73 BUY EMA 50 $ 238.20 BUY EMA 100 $ 223.37 BUY EMA 200 $ 204.84 BUY What to expect from Monero price analysis? 4-hour price chart by Tradingview Monero price analysis shows that XMR saw a great start to this month as the price rose to the $360. However, the sharp crash to the $320 mark suggests strong bearish pressure. As expected, the price fell below $300 but was defended well below the well enabling a swift recovery. Now the bulls seek to go higher. According to our analysis, we expect the XMR price to rise towards the $335 mark after brief consolidation below the $325 mark. However, the bulls need to breach the $320 level and establish a foothold above $318 to initiate a rally. Is Monero a good investment? Monero is an attractive investment because it emphasizes privacy and security, utilizing advanced cryptographic techniques to ensure transaction confidentiality. Its growing adoption across various use cases and a decentralized development model enhance its long-term potential. With a limited supply and increasing investor interest, Monero offers a unique opportunity for those seeking financial autonomy and privacy to invest in cryptocurrency. However, investors should remain cautious of regulatory risks and market volatility when considering Monero as part of their portfolio, making it essential to seek investment advice . Why is XMR up today? Monero rapidly recovered after the price broke down below the descending trend’s bottom line with the bulls seeking to go past $320. Will XMR recover to its all-time high? Monero is expected to recover toward its all-time high of $518 by mid-2026 as the privacy chain continues to reduce its tech debt and progresses toward greater utility and privacy. However, the platform might have to overcome regulatory scrutiny and challenges before it can see mass adoption. How much will Monero be worth in 5 years? The Monero price prediction for 2030 suggests a minimum price of $1,048.76 and an average trading price of $1,142.11 . The maximum forecasted price is set at $1,208.35. Will XMR reach $1000? The chance of Monero (XMR) hitting $1,000 hinges on various factors, which will influence its future price movements . The adoption of privacy transactions and technological advances could increase demand. Favorable regulations and market sentiment toward privacy coins would also help. Yet, regulatory risks, competition, and market volatility are challenges. $1,000 is possible with favorable conditions, especially considering the current price but market dynamics and regulations will shape its path. Does XMR have a good long-term future? Monero (XMR) has the potential for a strong long-term future due to its focus on privacy and security, which makes it attractive to users seeking anonymity. However, regulatory scrutiny and notoriety from being the favored medium for some past criminals impact the current monero sentiment, making it challenging to become the star of the market. Monero’s commitment to privacy gives it a solid foundation for long-term growth, but it must carefully navigate market and regulatory landscapes. Recent news/ opinion on Monero Monero recently announced the FCMP++ Optimization Competition to optimize the helioselene and ec-divisors libraries used in Monero’s upcoming Upgrade. The competition is now open to submissions. The FCMP++ Optimization Competition is now open for submissions! https://t.co/vca2GKXlNz — Monero (XMR) (@monero) May 1, 2025 Monero price prediction June 2025 The XMR price prediction for June 2025 suggests a minimum value of $240.57 and an average price of $328.54. The price could reach a maximum of $418.00 during the month, reflecting the broader category of digital assets . Month Minimum Price ($) Average Price ($) Maximum Price ($) June 240.57 328.54 418.00 Monero price prediction 2025 The Monero price prediction for 2025 anticipates a potential increase in the price of Monero upon adoption, resulting in a maximum price of $722.59. Based on the analysis, investors can expect an average price of $704.23, while the minimum price could be around $194.64. Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 194.64 704.23 722.59 Monero price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 705.48 787.74 821.88 2027 967.00 1,162.71 1,195.07 2028 1,150.61 1,164.82 1251.07 2029 1,264.82 1,450.61 1,501.34 2030 1,559.88 1,698.73 1,797.26 2031 2,216.80 2,399.01 2,445.93 Monero Price Prediction 2026 According to the XMR price forecast for 2026, Monero’s price is anticipated to reach a minimum trading price of $705.48. The potential maximum XMR price could be $821.88, with an average price of $787.74. Monero Price Prediction 2027 The XMR price prediction for 2027 will continue rising and exhibit minimum and maximum prices of $967.00 and $1,195.07, as well as an average price of $1,162.71. Monero Price Prediction 2028 Monero’s price is expected to reach a minimum price of $1,150.61 in 2028. The maximum expected XMR price is $1,251,34 with an average price of $1,164.82. Monero Price Prediction 2029 The XMR price prediction for 2029 expects XMR to reach a minimum of $1,264.82. The XMR price can reach a maximum level of $1,501.34, with an average price of $1,450.61 throughout 2029. Monero Price Prediction 2030 The Monero price prediction for 2030 suggests a minimum price of $1,559.88 and an average trading price of $1,698.73. The maximum forecasted price is set at $1,797.26. Monero Price Prediction 2031 The Monero price prediction for 2031 suggests a minimum price of $2,216.80 and an average trading price of $2,399.01. The maximum forecasted price is set at $2,445.93. Monero Price Predictions 2025-2031 Monero market price prediction: Analysts’ XMR price forecast Firm 2025 2026 Coingecko $420.93 $568.19 Digitalcoinprice $349.23 $478.65 Cryptopolitan’s Monero (XMR) price prediction Cryptopolitan’s Monero price forecast suggests a bullish outlook for Monero’s future price should the market recover soon. According to our expert analysis, XMR might record a maximum price of $722.59, a minimum price of $294.64, and an average price of $704.23 at the end of 2025. Monero historic price sentiment Monero’s market value has changed dramatically since its launch in 2014, from less than $1 to over $475. May 2021 marked the highest point in Monero’s history. Monero’s price projections revealed the coin’s security. They provide investors with optimism that they will be freed from the persecution of some authorities simply by buying or selling Monero. Monero price history; Source: Coinmarketcap Across 2023, Monero’s price rose by 11.49%. The highest price was $278.56, and the lowest was $114.16. In January 2024, Monero stayed stable around the $150.00 mark as market momentum remained low. However, the stability was short-lived as February crashed to $101.95. However, XMR showed swift recovery as it closed the month near the $150.00 level again. In March and April 2024, XMR saw a steady decline from $150.00 to $120.00, where it found key support. In May 2024, XMR observed steady bullish pressure as the price rose from $120.00, approaching resistance at $150. In June 2024, Monero (XMR) traded within the $150 – $175 price range as either side struggled to make a clear breakthrough. In July, the crypto traded around the $155 mark as the price volatility remained relatively low. XMR opened trading at $156.05 in August and ended the month at $176.00, making remarkable gains. September was bearish for the asset, as the price declined below the $160 mark by the end of the month. In October, Monero observed a steep crash and has been making a swift recovery since then. In December, Monero made remarkable strides as the asset’s price broke past the $220 mark, albeit briefly as it closed the month below $200. In January, Monero saw a bullish January as the price rose from below the $200 mark to $238 by the end of the month. In February, the price fell towards the $215 mark as bears dominate the markets. In March, the price observes mixed momentum and closed the month slightly below $215. In April the consolidation continued until late into the month when it spiked past the $325 mark before ending the month around $275. In May the price continued rising rapidly as the bulls cruised past $300 ending the month around $320.
The post Anthony Pompliano’s ProCap BTC Acquires 3,724 Bitcoin Following a Strategic Merger With Columbus Circle appeared first on Coinpedia Fintech News Anthony Pompliano’s ProCap BTC has acquired 3,724 Bitcoin for about $387 million to strengthen its balance sheet. The Bitcoin purchase for its balance sheet followed Monday’s announcement of a proposed $1 billion quest to accumulate more BTCs via a strategic merger with Columbus Circle Capital Corp. (NASDAQ: CCCM). The company has already managed to raise $750 million, after selling $516.5 million in equity and $235 million in convertible notes. As a result, the ProCap BTC investors have a direct exposure to the flagship coin and in a regulated manner. “If you can’t beat it, you buy it,” the announcement highlighted . Rising Institutional Adoption of Bitcoin According to market data from BitcoinTreasuries , 245 entities now hold more than 3.45 million BTCs for their respective treasury management. The palpable success of Strategy and Metaplanet Metaplanet has convinced other companies globally to follow in the same path. The pro-crypto legislations in the United States have helped attract more institutional investors into the Bitcoin market. Furthermore, the Federal Reserve has identified BTC as a digital gold, thus heavily influencing states that have implemented strategic Bitcoin reserves bills . The undeniable success of the U.S. spot BTC ETFs is a clear indication of the high demand of the flagship coin by institutional investors. What Next for BTC Price? Bitcoin price has been hovering around a crucial crossroads that could either result in a parabolic rally or further midterm correction. Despite the notable high demand for Bitcoin by institutional investors, the flagship coin faces intense selling pressure from over $12 billion in short leveraged positions entered around $112k. Consequently, if the BTC price does not consistently closes above $110k in the coming weeks, a retrace below $100k will be inevitable in the next three months.