Day: March 23, 2025

XRP Price Forecast: Analysts Predict $77.7 in This Bull Cycle

Posted on by Arslan Butt

A market analyst is going out on a limb with an XRP prediction of $77.7 in this bull run.

The forecast is based on Exponential Fibonacci models and Elliott Wave theory, both used to track long term price trends. If the crypto market follows historical trends, XRP could go exponential, not linear.

Continue reading “XRP Price Forecast: Analysts Predict $77.7 in This Bull Cycle” →

Dogecoin Whales Buy 120M DOGE—Is a $4.5 Rally on the Horizon?

Posted on by Arslan Butt

Dogecoin (DOGE) is getting attention from crypto investors as whales have bought over 120 million DOGE in just one week.

This buying activity is a big confidence booster for the meme coin and analysts are predicting a price surge to $4.5.

Continue reading “Dogecoin Whales Buy 120M DOGE—Is a $4.5 Rally on the Horizon?” →

Why Binance & Bybit Haven’t Listed Pi Network: Expert Explains Key Issues

Posted on by Arslan Butt

The decision by major exchanges, including Binance and Bybit, to delay the listing of Pi Network has caused a lot of debate among investors.

According to pseudonymous crypto analyst Dr. Altcoin, the main reason is lack of transparency from the Pi Core Team.

Continue reading “Why Binance & Bybit Haven’t Listed Pi Network: Expert Explains Key Issues” →

Solana Shows High interest Amid Muted Risk Appetite

Posted on by Olumide Adesina

Market actions show increasing SOL interest due to investors’ urge to profit from a possible rally expected this week. Solana supporters are still certain that the market’s volatility is to blame for the slight price decline because the coin shows a bullish bias.

 

 

Glassnode data revealed over 11 million addresses with 0.1 SOL or higher by March 21, up from about 9.2 million in late December. This spike indicates that users are becoming more involved.

The Solana ecosystem is another factor contributing to an elevated level of interest. Developers and investors are drawn to this blockchain because of its reputation for speed and cheap transaction costs. Its token, SOL, is evolving into a representation of the development of decentralized finance rather than merely a speculative asset.

At a low of $114, the asset climbed above bearish pressure to touch the $136.4 mark this month. Solana’s optimistic outlook for the future It is likely that Solana’s price has bottomed out and could eventually turn the $135 resistance into support

Meme coin speculation was a major contributing factor to this crash, especially after the launch of the contentious $Trump. Many investors purchased Solana to take advantage of the euphoric rush that was sparked by this cryptocurrency just a few days after the US president was sworn in. However, the rally proved unsustainable, resulting in a swift correction and a destabilized market, as is frequently the case in these situations.

Numerous investors withdrew their money from DeFi protocols based on Solana’s blockchain because of the worsening circumstances caused by the falling levels in liquidity.
This outflow reduced the network’s Total Value Locked (TVL) accelerated price decline and weakened investor confidence in the project. Price volatility and the drop in TVL in an industry where perception is crucial caused a cascade of effects that affected the entire ecosystem.

 

Oracle set to Buy TikTok’s U.S Subsidiary

Posted on by Olumide Adesina

Oracle recently emerged as a leading contender to assist TikTok in resolving its current predicament. Nonetheless, it is reported that ByteDance’s executives would like to remain actively involved in TikTok’s business operations under any such agreement.

The White House is reportedly considering a deal with Oracle to give the tech giant a stake in the business in exchange for protecting American data on TikTok,

ByteDance would retain control of the app’s algorithm. However, Shou Zi Chew, the CEO of TikTok, has consistently opposed disclosing the app’s proprietary algorithm. Oracle and TikTok did not respond to a request for comment.

Reuters presented a different Oracle scenario on Friday that suggests the largest non-Chinese investors in ByteDance might expand their current holdings and buy TikTok’s American operations as part of a new company.

Oracle isolates American users’ data to keep China from accessing it.

The U.S. Congress-imposed ban on the social platform will go into effect on April 5 if it fails to find a buyer for TikTok’s American operations.

“A high-level agreement will likely address U.S. national security issues by early April,” Vice President JD Vance told reporters.

Furthermore, President Trump announced last weekend that four bidders had arrived, but he did not provide their names. Trump and others had previously suggested the names of Microsoft (MSFT), Perplexity, an AI startup, a group of billionaire investors, and even the government. But the name Oracle kept coming up.

Oracle was unsuccessful in acquiring TikTok during Trump’s first term. TikTok continues to be the company’s main cloud provider despite this. To comply with U.S. regulations regarding domestic data storage,

TikTok implemented a “Project Texas” overhaul some years back, which involved redirecting its American traffic through Oracle’s cloud.

Deribit: Coinbase Buying World’s Biggest Bitcoin, Ethereum Option Platform

Posted on by Olumide Adesina

Coinbase is in advanced talks to acquire Deribit, the biggest platform for trading Bitcoin and Ethereum options. Deribit has a key operating license in Dubai, and the deal, which could greatly increase Coinbase’s derivatives footprint.

Bloomberg estimated the deal could be worth $4 billion to $5 billion.

Deribit is licensed to operate in Dubai and has a strong institutional clientele as the biggest platform for trading Bitcoin and Ethereum options.

Bloomberg report highlighted that the companies informed Dubai’s regulators about the talks. Coinbase may be making a calculated move with the possible acquisition as the biggest U.S. cryptocurrency company.

Deribit reportedly hired a financial advisor in January to investigate possible acquisition possibilities. A credible source said that although Kraken had been mentioned as a potential candidate, no talks between the two companies occurred.

Coinbase stated “We have a bold mission to increase economic freedom in the world, and are constantly exploring opportunities around the world to build, buy, partner, and invest to accelerate our roadmap,”

The American-listed exchange declined to confirm any ongoing deal discussions.

It is still unclear if Coinbase and Deribit have reached a definitive agreement although the most recent report indicated that talks are moving forward. This is one of the biggest acquisition discussions in the cryptocurrency industry as the options trading platform was previously estimated to be worth between $4 billion and $5 billion.

Coinbase’s choice to pursue this acquisition deal seems to be a calculated step to enter the Middle Eastern market in light of this. The US and EU’s initial tough stance on cryptocurrency regulations in recent years has contributed to the rise of the United Arab Emirates, Hong Kong, and Singapore as the three unofficial global hubs for blockchain events and resident stakeholders.

 

Top Japanese Real Estate Firm adopt Ripple’s XRP

Posted on by Olumide Adesina

Open House Group Co. a Japanese real estate company declared that it accepted XRP as payment for real estate.

The Tokyo-based business said it made the payment option available to streamline the Japanese real estate purchasing process. In an X post, former Ripple Vice President of Strategy Initiatives Emi Yoshikawa emphasized the recent development.

The Open House Group is a top real estate firm in Japan, with yearly sales of one trillion Japanese yen. The business announced it will also accept Solana and Dogecoin.

According to Open House Group, the recently added digital assets will be usable as prior payment methods like Ethereum and Bitcoin.
On January 31, the company declared that it would start accepting cryptocurrency payments, stating that it would begin with Bitcoin and Ethereum, the two largest digital assets by market capitalization.

The company has been investigating the use of digital assets, including funding studies on Bitcoin’s lightning network.   Additionally, the business stated that it has launched a Chinese website where clients can utilize the available payment methods.

Customers can now purchase the entire range of properties the company offers, including residential homes, condominiums, and one-room apartments, using the new payment options, the company added.

According to the company, it would rather use digital assets practically for cross-border and micropayments than view them as speculative assets.

Nonetheless, Open House Group highlighted clients who plan to use its cryptocurrency payment options must abide by all applicable laws, including tax laws, in their home country.