Bitcoin’s price seems to be on the verge of hitting the coveted $100K level ahead of this weekend’s meeting between representatives of the United States and China. BTC Eyes $100K At the time of this writing, BTC’s price is trading above $99,000, currently sitting in an area of considerable resistance, as seen in the chart below. Source: TradingView The cryptocurrency is up almost 3% on the day and around 5% on the week. The derivatives market is also cooling down. Liquidations have decreased by more than 7% in the past 24 hours, currently standing just shy of $300 billion, predominently occupied by short positions, data from CoinGlass shows . Bitcoin’s market dominance stands at 62% according to CoinGecko, while the overall market is now in a state of “greed.” This signals a clear shift in sentiment in the past week. The Macro Shapes Bitcoin’s Price It’s safe to say that the latest moves in BTC are driven mostly by macroeconomic events. As CryptoPotato reported yesterday, representatives of the United States and China are expected to meet this weekend. They will discuss a potential trade deal following escalated tentions following the recent threats of tariffs. Additionally, the US Federal Reserve decided to maintain key interest rates at the same levels of 4.25% to 4.5% yesterday. Although Bitcoin initially declined on the news, the losses have been erased as markets settled. It appears investors are positive on the news as the S&P 500 posted the first positive day in three. The post Bitcoin Price Eyes $100K Ahead of US-China Trade Talks appeared first on CryptoPotato .
The post Could $1000 XRP Become a Reality? Understanding The Hidden Plan appeared first on Coinpedia Fintech News While much of crypto Twitter has gone silent on hyped-up meme coins and trendy Layer-2 tokens, big utility projects like XRP and HBAR have quietly kept building, forming deals, partnerships, and preparing for something much bigger behind the scenes. Crypto analyst Vincent Van Code says that XRP could play a major role in fixing one of the biggest problems in global finance: liquidity. He compares the XRP Ledger (XRPL) to a surgeon’s scalpel — a powerful tool that’s only valuable in the right hands. And right now, it seems like the right players are getting into position. Looking at the current market, he points out that by 2025, the hype around meme coins and Layer 2/ERC-20 tokens has mostly faded. Meanwhile, bigger projects like XRP and HBAR have quietly been building real utility, securing partnerships, and setting themselves up for long-term success. “These big companies don’t rely on retail, all tokens that exchange hands in substantial volumes are done via dark pools/OTC,” he wrote. When Could XRP Hit $1,000? Vincent says the real question isn’t if XRP can hit $1,000, but when. For that to happen, Ripple would need to secure a major share of the cross-border payments market and position XRP as a global reserve currency. It seems like a far-fetched goal, but one that could help solve two of the financial world’s biggest issues: liquidity shortages and the risks of endless money printing. Instead of constantly creating new dollars, networks like XRP could inject liquidity into the system in a smarter, more sustainable way. That’s where assets like RLUSD and XRP could shine. Recent data shows the XRP Ledger is growing, with over 1 million payments between accounts recorded in early May 2025. That’s a clear sign that big players are starting to use XRPL despite market volatility. What About XRP’s Price? (Short-Term) Analyst Steph Is Crypto said that XRP is currently retesting a major upward trend line. If it holds this level, it could be the start of a significant price move. If it slips below $2, there might be a quick dip before a bounce back. Interestingly, the RSI (Relative Strength Index) recently broke above a key trend line, similar to what happened before a 600% rally in 2024. Analyst XForceGlobal remains bullish , saying that as long as XRP stays above $1.60, the uptrend is intact and a new all-time high could be on the horizon. At the time of writing, XRP is trading around $2.18, up 1.4% in the past 24 hours.
COINOTAG News reports that in May, Binance’s net holdings showcased a significant uptick, reaching 12,475.807 BTC. This represents an increase of 6,393.577 BTC from April’s figure of 6,082.23 BTC. Given
The post Bitcoin Price Finally Approaches $100K After Almost 100 Days, New ATHS Soon? appeared first on Coinpedia Fintech News Bitcoin is once again making headlines, climbing over 3% in the past 24 hours and currently trading near $99,200. The much-awaited $100,000 milestone is now within striking distance, and market sentiment shows the breakthrough could happen at any moment. As always during major rallies, there’s ongoing talk about bearish divergences and bull traps. Some technical indicators hint at a possible pullback, but if Bitcoin decisively moves past the $102,000 mark, those signals would likely lose their relevance, confirming a clean breakout from the current sideways trend. Bitcoin Price Analysis: Bitcoin’s price rally is backed by growing trading volume, a sign of genuine market interest rather than speculative spikes. On the daily timeframe, RSI levels are only beginning to rise, leaving plenty of room for additional upward movement. Previous market cycles have followed a similar pattern: price rallies, brief consolidations, and then stronger breakouts. Bitcoin appears to be entering a critical third phase in its current market cycle. If patterns from past rallies hold, the next major leg up could push the price towards $104,000 to $121,000 in the near term.
Solana records 165+ GitHub events in 30 days, topping Pyth, Helium, and Drift in ecosystem development Santiment ranks Solana first for “meaningful” development, not raw commits or automated code pushes Neon Labs, Wormhole, and Jito also rank in Solana’s top 10, signaling ecosystem-wide builder activity Santiment shared a post on X depicting the top Solana ecosystem projects by development activity in the past 30 days. The analysis, based on meaningful GitHub contributions, places the core Solana protocol well ahead of other active projects like Pyth Network ($PYTH) and Helium ($IOT), offering a clear look at where building efforts are concentrated on the network. Santiment Ranks Meaningful Development, Not Just Commits The ranking is based on Santiment’s enhanced GitHub event data methodology, which focuses on meaningful development contributions rather than superficial metrics like commit counts. Not surprisingly, Solana ($SOL) maintains the top position, reflecting continuous core protocol enhancements, while Pyth Network ($PYTH) is in second place. The two are followed by Helium ($IOT) and Helium Mobile ($MOBILE), while the top five rankin… The post Solana Leads Web3 Developer Rankings With 165 GitHub Events in 30 Days appeared first on Coin Edition .
Bitget has recently forged a strategic alliance with Avalanche aimed at bolstering the burgeoning Web3 ecosystem in India. This collaboration will focus on launching various initiatives in two key metropolitan
Arizona Governor Katie Hobbs has approved a new law that lets the state take control of digital assets left unclaimed for three years or more. The announcement was made via a May 7 press release on the governor’s official website, following the passage of House Bill 2749 with bipartisan support in the state legislature. The new law updates Arizona’s unclaimed property statutes to address the rise of digital assets, including cryptocurrencies. Sponsored by House Commerce Committee Chairman Jeff Weninger, HB2749 creates a process for identifying and managing unclaimed virtual property and establishes a Bitcoin ( BTC ) and Digital Assets Reserve Fund, which may be used for future appropriations with legislative approval. “Digital assets aren’t the future—they’re the present,” said House Commerce Committee Chairman Jeff Weninger, who sponsored the bill. “We’ve built a structure that protects property rights, respects ownership, and gives the state tools to account for a new category of value in the economy.” You might also like: UK rules out Bitcoin reserves: not ‘appropriate for our market’ Under the law , digital assets are considered abandoned if the owner fails to respond to communications over a three-year period. After that, they must be turned over to the Arizona Department of Revenue in their original digital form. The state’s qualified custodians are permitted to stake these assets or accept airdrops, with proceeds directed to the new reserve fund. Importantly, the fund does not rely on taxpayer money or state funds. Any staking rewards or airdropped tokens are placed in the reserve, which is managed by the state treasurer and subject to legislative oversight. This development comes days after Hobbs vetoed Senate Bill 1025, which proposed investing seized funds in Bitcoin, citing concerns over using public funds on “untested assets.” However, HB2749 avoids those concerns by focusing on abandoned assets rather than active investment. Arizona’s move follows similar legislation in New Hampshire, where the state now permits investment in cryptocurrencies with market caps above $500 billion, a threshold currently met by Bitcoin alone. Read more: Interview | How Bitcoin Adopters Index offers a new path to BTC exposure
Panama City, Panama, May 8th, 2025, Chainwire Flipster , one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON , one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the collaboration, TALON’s Dota 2 team will officially compete under the name Flipster Talon, with Flipster securing naming rights for the team for the next year. This milestone also establishes Flipster as the Official Crypto Exchange Partner of TALON, marking the platform’s debut in the rapidly expanding global esports space. These initiatives aim to bridge the energy of esports with the empowerment of digital assets, fostering education, interactivity, and inclusive participation across both worlds. “Esports is one of the most exciting frontiers for Web3 culture to thrive,” said Youngsun Shin, Head of Product and Partnerships at Flipster. “Through Flipster Talon, we’re championing a new kind of connection with a digital-native generation that values openness, creativity, and inclusion — the same values that underpin crypto.” Beginning with TALON’s Dota 2 roster, Flipster and TALON will roll out a series of co-created content, campaign drops, and digital fan activations aimed at deepening fan engagement and making crypto more approachable. “Flipster’s partnership with TALON is grounded in a shared commitment to access and inclusion,” Youngsun added. “By focusing on free-to-play titles and a player-first approach, Flipster supports the gaming community across the spectrum — from casual fans to pro athletes — much like it empowers both beginner and experienced traders through its platform.” “We’re thrilled to welcome Flipster to the TALON family,” said Sean Zhang, CEO of TALON. “As innovators in their field, Flipster shares our drive to push boundaries and create richer fan experiences. Together, we’re exploring exciting new ways to bring gaming and crypto culture together.” Since its founding in 2021, Flipster has grown rapidly, now serving over one million users across nearly 200 countries. With institutional-grade infrastructure and a community-first mindset, Flipster is on a mission to make crypto trading more accessible, rewarding, and fun. The full Flipster Talon rollout is set for June, including player signings, co-branded content, and a launch video to mark the partnership’s debut. About Flipster Flipster is a global cryptocurrency trading platform that delivers fast, secure, and intuitive access to digital assets. Offering over 350 trading pairs across spot and futures markets—with up to 100x leverage and zero trading fees—Flipster equips traders with the tools to execute strategies efficiently. Beyond trading, Flipster provides users with access to capital-efficient opportunities, including earning programs, and token airdrops. Built on a foundation of security, transparency, and user-first innovation, Flipster aims to offer a seamless trading experience for users engaging with digital assets in dynamic market conditions. Over the past year, Flipster has experienced rapid growth, with trading volume surging by 856% and total user assets on the platform increasing by more than 6,000%, solidifying its position as a leading derivatives exchange. To learn more, users can visit flipster.io or follow X . About TALON TALON is a leading esports and entertainment organization headquartered in Hong Kong, with competitive teams and operations across Asia. TALON is known for its dominance in titles such as League of Legends, Dota 2, Arena of Valor, and more, as well as its growing content platform and lifestyle-driven brand collaborations. ContactFlipsterpr@flipster.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
XRP remains the only top crypto asset trading above its 6-month cost basis, signaling relative strength in a weak market. According to a May 6 post on X by Glassnode, while euphoric buyers of Solana ( SOL ), Ethereum ( ETH ), and Bitcoin ( BTC ) are currently underwater, down 28%, 36%, and 1% respectively, XRP ( XRP ) holders from the December–January rally are still 11% in profit. 📊Are Top Buyers in Profit or Pain? Comparing current prices to the cost basis of euphoric buyers (Dec ‘24–Jan ‘25) reveals mid-term sentiment: 🟣 SOL: $146 → 28% loss 🟥 ⚫ XRP: $2.14 → +11% profit 🟩 🔵 ETH: $1.8K → -36% loss 🟥 🟠 BTC: $95K → -1% loss 🟥 📉Price… pic.twitter.com/i5snu7Re7O — glassnode (@glassnode) May 6, 2025 Given that the prices of most of the top assets continue to fall below the typical entry levels of mid-term holders, this resilience stands out in the face of broader market weakness. XRP’s stability above its typical entry level of $2.14 suggests that longer-term participants are still confident even as price action cools. Technical indicators, however, show that momentum may be slowing down. The relative strength index, currently hovering just below the neutral zone and showing waning bullish momentum, has fallen to 49. The moving average convergence divergence has become bearish, and the Stochastic RSI has entered oversold territory. The fact that all short and mid-term moving averages (10–100 days) are in sell territory further supports the idea that upward pressure is fading. XRP price analysis. Credit: crypto.news Recent market and on-chain developments suggest underlying accumulation, even in the face of neutral to bearish momentum indicators. On May 7, crypto.news reported that over 300,000 addresses now hold 10,000 XRP or more, a record high. You might also like: Why XRP must hold $1.50: the line between bullish continuation and breakdown According to analysts, this indicates continuous institutional accumulation, which is likely due to speculation regarding a spot XRP exchange-traded fund. In addition, XRP’s current sideways price action is consistent with time and volume-weighted buying strategies used by institutional players to avoid price disruption. On the macro side, potential tailwinds, such as improving US–China trade relations and expected monetary easing, could support a broader crypto market rebound. Given its impressive Q1 results, buzz around ETFs, and renewed interest in the wake of Ripple’s recent $50 million settlement with the Securities and Exchange Commission, XRP might benefit disproportionately. If institutional accumulation persists and XRP holds support close to its cost basis, a breakout above the $2.20–$2.25 resistance could indicate fresh bullish momentum. Weakening RSI and MACD divergence, along with a clear decline below the $2.14 mark, its mid-term cost basis, could lead to capitulation, especially if the overall crypto market sentiment worsens. Read more: New XRP ETF reaches $67m AUM as price outperforms Ripple
Panama City, Panama, May 8th, 2025, Chainwire Flipster , one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON , one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the collaboration, TALON’s Dota 2 team will officially compete under the name Flipster Talon , with Flipster securing naming rights for the team for the next year. This milestone also establishes Flipster as the Official Crypto Exchange Partner of TALON, marking the platform’s debut in the rapidly expanding global esports space. These initiatives aim to bridge the energy of esports with the empowerment of digital assets, fostering education, interactivity, and inclusive participation across both worlds. “Esports is one of the most exciting frontiers for Web3 culture to thrive,” said Youngsun Shin, Head of Product and Partnerships at Flipster . “Through Flipster Talon, we’re championing a new kind of connection with a digital-native generation that values openness, creativity, and inclusion — the same values that underpin crypto.” Beginning with TALON’s Dota 2 roster, Flipster and TALON will roll out a series of co-created content, campaign drops, and digital fan activations aimed at deepening fan engagement and making crypto more approachable. “Flipster’s partnership with TALON is grounded in a shared commitment to access and inclusion,” Youngsun added. “By focusing on free-to-play titles and a player-first approach, Flipster supports the gaming community across the spectrum — from casual fans to pro athletes — much like it empowers both beginner and experienced traders through its platform.” “We’re thrilled to welcome Flipster to the TALON family,” said Sean Zhang, CEO of TALON . “As innovators in their field, Flipster shares our drive to push boundaries and create richer fan experiences. Together, we’re exploring exciting new ways to bring gaming and crypto culture together.” Since its founding in 2021, Flipster has grown rapidly, now serving over one million users across nearly 200 countries. With institutional-grade infrastructure and a community-first mindset, Flipster is on a mission to make crypto trading more accessible, rewarding, and fun. The full Flipster Talon rollout is set for June, including player signings, co-branded content, and a launch video to mark the partnership’s debut. About Flipster Flipster is a global cryptocurrency trading platform that delivers fast, secure, and intuitive access to digital assets. Offering over 350 trading pairs across spot and futures markets—with up to 100x leverage and zero trading fees—Flipster equips traders with the tools to execute strategies efficiently. Beyond trading, Flipster provides users with access to capital-efficient opportunities, including earning programs, and token airdrops. Built on a foundation of security, transparency, and user-first innovation, Flipster aims to offer a seamless trading experience for users engaging with digital assets in dynamic market conditions. Over the past year, Flipster has experienced rapid growth, with trading volume surging by 856% and total user assets on the platform increasing by more than 6,000%, solidifying its position as a leading derivatives exchange. To learn more, users can visit flipster.io or follow X . About TALON TALON is a leading esports and entertainment organization headquartered in Hong Kong, with competitive teams and operations across Asia. TALON is known for its dominance in titles such as League of Legends, Dota 2, Arena of Valor, and more, as well as its growing content platform and lifestyle-driven brand collaborations. Contact Flipster pr@flipster.io