Farinaās bullish outlook is based on XRPās potential integration with SWIFT and the derivatives market, which handles $1.2 quadrillion annually. If XRP captures even a small fraction of this, its price could skyrocket.
He suggests that $100, $1,000, or even $10,000 per XRP isnāt out of reach, likening todayās pessimism around XRP to Bitcoinās early days when it was dismissed as worthless.
Farina discussed the amount of XRP needed for financial independence, emphasizing that the number varies based on location and lifestyle.
For example, if XRP hits $100, an investor with 1,000 XRP would have $100,000, an amount he sees as life-changing in many countries. With 10,000 XRP, an investor would be a millionaire. He believes proper wealth management and diversificationāespecially through real estateācould help investors sustain their wealth without selling XRP prematurely.
Farina also highlighted alternative strategies, such as lending XRP to banks or using automated market makers to generate passive income. He warns against selling holdings too soon, as early cash-outs often lead to regret when prices surge later.
Farina believes most investors will overlook XRPās opportunity, similar to how Bitcoin was ignored in 2012 when it was under $500. He argues that if people knew Bitcoin would surpass $100,000, they would have done everything possible to accumulate more.
He also noted that most people lack significant savings, even in wealthy nations like the U.S., where many donāt have $10,000 in their bank accounts. Given this, he sees owning 10,000 XRP as an attainable goal for financial freedom.
Farinaās message is clear: XRP price presents a wealth-building opportunity, and even holding 1,000 XRP could prove invaluable in the long run. While most investors will likely ignore it, he believes those who recognize its potential today could reap massive rewards in the future. š“š“ALL VIEWER'S PLS FOLLOW ME š“š“
#Cardano dev acquires 686,567 ADA for historic treasury move In a recent X post, Sebastien Guillemot, one of the biggest Cardano (ADA) contributors, announced that his development team, dcSpark, made a significant donation. The donation is worth $460,000 of ADA tokens and represents a $400,000 loan and $60,000 in accumulated interest. According to Guillemot, the donation process took longer than expected as the team waited for the treasury donation feature to be added to the Cardano blockchain. To maintain fairness, interest was calculated month-by-month at a 6% APR over the entire holding period. Guillemotās team also introduced an updated version of the Cardano Rust SDK that supports this new treasury donation functionality, enhancing tools for developers in the ecosystem. The ADA tokens were purchased at an average price of $0.67 just days before a major market sell-off. At press time, ADA is trading at $0.5971. However, for Guillemot, the positive impact of acquiring ADA and the benefit of increasing the treasury reserve remains, despite the volatility of the price.šš
The planning commission of Vilonia, Arkansas, unanimously turned down a proposal for a cryptocurrency mining facility within the city limits due to strong opposition from residents. Concerns raised by citizens included noise pollution, increased energy consumption, and environmental impact. Residents feared the mining operation would disrupt the town's peaceful environment and strain local infrastructure. Previous disinterest in hosting miners was also noted, with concerns about sustainability and minimal economic benefits. In response to these concerns, the city's planning commission denied permission for a crypto mine in 2023 and revoked the permit permanently. The rejection of crypto mining in Arkansas reflects a broader trend of increasing scrutiny and opposition to such operations in various US municipalities, as seen in the case of Granbury, Texas, where residents filed a lawsuit against a mining facility for generating excessive noise and causing health issues.šš
#TrumpTaxCuts Donald Trump has just announced massive income tax cuts tied to the rollout of new tariffs! In a bold move, Trump revealed that some Americans could see their taxes completely eliminated, marking one of the most aggressive tax reforms in U.S. history. This announcement is fueling optimism around $TRUMP-backed assets and boosting bullish sentiment across political-themed tokens.
$BTC Airdrops are a great way to invest smartly. However, participate with caution. AirdropFinderGuide will always help you find the latest and legitimate airdrops.
#AirdropFinderGuide Airdrops are a great way to invest smartly. However, participate with caution. AirdropFinderGuide will always help you find the latest and legitimate airdrops.
#XRPETFs Internationally, Brazil Hashdex has introduced the first spot XRP ETF, signaling growing global acceptance. In the U.S., Bitwise has filed for a spot XRP ETF, with analysts estimating an 81% chance of approval by year-end.
$TRUMP The $TRUMP token is gaining traction as political narratives blend with blockchain. Some view it as a meme coin, others as a political statement. Regardless, it's attracting attention. Will it hold real value beyond the election cycle or fade after the hype? Only time and utility will tell. For now, it's a unique example of how pop culture and politics are influencing crypto markets.
#DinnerWithTrump The $TRUMP token has gained significant attention due to its unique premise: holders of the top 220 $TRUMP tokens will get a chance to dine with former President Donald Trump. The current requirement to secure a seat at this exclusive dinner is approximately 32,000 $TRUMP tokens, valued at around $400,000.
#BTCvsMarkets The $TRUMP token has gained significant attention due to its unique premise: holders of the top 220 $TRUMP tokens will get a chance to dine with former President Donald Trump. The current requirement to secure a seat at this exclusive dinner is approximately 32,000 $TRUMP tokens, valued at around $400,000.
Geoffrey Kendrick of Standard Chartered (LON:STAN) has highlighted Bitcoinās primary function as a hedge against risks to the financial system, underpinned by its decentralized ledger.
This protection comes into play through two main avenues: private sector risks, such as the collapse of Silicon Valley Bank in March 2023, and government sector risks, including those related to US Treasury.
Kendrick notes that outside of these risk periods, Bitcoinās trading pattern often aligns with that of major technology stocks, collectively known as the Magnificent Seven (Mag7). The current concerns regarding the independence of the Federal Reserve, particularly with the potential replacement of Jerome Powell, fall into the category of government sector risks.
The impact of these government-related risks is measurable through the US Treasury term premium, which has reached a 12-year high for the 10-year term premium. Since the beginning of 2024, the correlation between Bitcoin and the term premium has been notably strong.
Recently, Bitcoin has not kept pace with the rise in the term premium, a lag that Kendrick attributes to the previous narrative that tariffs would negatively affect technology stocks, and Bitcoinās tendency to mirror their performance. However, Kendrick believes that as long as issues regarding the Fedās independence persist, Bitcoin is likely to continue its upward trajectory, potentially reaching new all-time highs.šš
With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action. SHIB has increased by almost 3% on the day and is currently trading at about $0.0000127, indicating a change in sentiment.
Together with increasing volume, the breakout above the 50 EMA points to a rise in market participantsā confidence. The asset is now in a position to test the 100 EMA and possibly target the 200 EMA, which is located close to the $0.0000166 zone, according to this move. Above all, this breakout is consistent with a larger pattern observed on the cryptocurrency market.
Major EMAs have been regained by Bitcoin, and Ethereum is recovering with increasing whale accumulation. Memes like SHIB may benefit from the resurgence of market optimism as the macro environment improves and momentum shifts back toward riskier assets. Now at 54, the RSI is rising gradually but is still well outside of overbought territory. This provides SHIB with a great deal of technical leeway to keep rising without encouraging unwarranted profit-taking.
If momentum continues, $0.0000148 will be the next significant resistance, and then the psychologically significant $0.000017 level will follow. It is critical to keep support above the 50 EMA in the short term. SHIB will probably draw more inflows from traders and investors, hoping for a longer-term breakout if it can stay above this line. It appears that a new bullish phase for Shiba Inu may be about to begin. SHIB may finally emerge from its months-long decline if the general market rally continues and a true bull run could be in the works.šš
The data shows Dogecoin outperforming Bitcoin in large transaction volume and daily active addresses by 41.12% and 34.91% respectively. Bitcoin, on the other hand, recorded declines of 11.26% in large transaction volume and 10.25% in daily active addresses despite the general market rebound.
Despite Dogecoinās standout performance in whale and user activity, Bitcoin maintained its dominance in daily gains and trading volume. According to CoinMarketCap, Bitcoin recorded daily gains of over 3% and a massive 206.23% surge in trading volume during the market rally.
Dogecoin, by comparison, saw only a modest price increase of 0.69% since the previous day, although its trading volume jumped by 71.40%.
While Bitcoin remains the top choice for daily traders and retail investors, the drop in its large transaction volume suggests that corporate and high-profile investor activity may have slowed. This has seemingly opened the door for DOGE whales to step in.
DOGE ETF review in play Despite trading at frequent lows in recent weeks, bullish sentiment for Dogecoin is rising, largely due to speculation surrounding a potential DOGE ETF. šš
Bitcoin (BTC) broke above $88,000 today in a sudden post-holiday rally that caught much of the market off balance. Instead of a quiet Easter Sunday, they got fear-turned-to-FOMO almost overnight. Some are now calling this the final chance to buy before Bitcoin hits $100,000.
Then came another number: 6,556 BTC. That is what Strategy just added to its balance sheet, dropping roughly $555.8 million at an average price of $84,785.
Executive Chairman Michael Saylor brought the companyās total holdings to 538,200 BTC, now acquired at an average of $67,766 apiece. For context, that is more than 2.2% of all Bitcoin that will ever exist.
Of course, Peter Schiff could not ignore such a move and had a quick response for Saylor ā not about the price action or the bullish case, though. Instead, he turned the focus around. Imagine what would happen, said Schiff, if Saylor tried to sell. The point is understandable ā buying that much Bitcoin clearly moves the market, and selling it might do even more damage.šš
From uncertainty, fear and doubt to greed, the mood changed quickly, with some experts now calling this the last chance to buy Bitcoin before it reaches $100,000 or even the $200,000 BTC predicted by Robert Kiyosaki.
But the harsh reality may be that the sudden rally is about to end here. There are many reasons to support this prediction, but three in particular stand out.
The first is that after todayās surge, the price of Bitcoin hit the 200-day moving average on the daily chart. Previously, Bitcoin broke through this important line in March, tested it in early April, saw a rejection and has now returned to it ā and once again failed to break above it.
The second reason is also technical and involves the Bollinger Bands. It just so happened that the upper band of this popular indicator coincided exactly with the same point where the 200-day moving average lies ā also on the daily time frame. Whatās more, after the spike, Bitcoin hit the upper band, which can signal an "overbought" situation for the leading cryptocurrency.
Finally, the third reason is that on the weekly chart, Bitcoinās RSI indicator has hit a trendline resistance that continues to hold after a previous bearish divergence on the chart. A closer look reveals a similarity to the situation in September 2024.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. But back then, BTC managed to break above that resistance ā while now, it has only touched it.šš
However, while Lee is absolutely bullish on Bitcoinās further price trajectory, the leading commodity expert of Bloomberg Intelligence, Mike McGlone, has shared a totally different view with his X followers today.
Bitcoin may now start catching up to gold, Lee says While the main stock market indexes ā the Nasdaq, S&P 500 and Dow Jones ā are tumbling, Bitcoin has demonstrated a sudden increase today, rising by 3.44% and reaching above $87,700. That peak did not hold long, however, and by now BTC has rebounded a little but is still trading higher than $87,100. Since last Wednesday, by now, Bitcoin has demonstrated a rise of 4.56%. Lee believes that now that the deleveraging, when financial institutions were selling all they could sell, including Bitcoin, is gone from the market, BTC has high odds of catching up with gold. āThere is a lot of room to catch up as a non-dollar asset,ā Lee said.
When Bitcoin was stuck below $85,000, gold was moving up everyday, host Joe Kernen stated. He believes that gold may easily reach $4,000 per ounce soon. That deleveraging, Lee said, had been suppressing Bitcoin, particularly on the weekends.Bitcoinās price soared beyond $87,000, breaking out of a weeklong consolidation range of $83,000 to $86,000. The bullsā renewed readiness to lead the price movement suggests that a major recovery of Bitcoin might be underway.
According to on-chain analytics platform IntoTheBlock, Bitcoinās recent price action suggests the potential for a continued move higher to the $90,000 mark. The $90,000-$92,000 range served as the floor for Bitcoin prices from December to early February. The support zone was eventually breached in late February, resulting in a fall to below $75,000 in April.
According to IntoTheBlock, the cost-basis indicator clusters reveal little overhead supply below the $90,000 range, implying the market could advance quickly before a larger tranche of holders reaches break-even and begins taking profit.šš
Bitcoinās price soared beyond $87,000, breaking out of a weeklong consolidation range of $83,000 to $86,000. The bullsā renewed readiness to lead the price movement suggests that a major recovery of Bitcoin might be underway.
According to on-chain analytics platform IntoTheBlock, Bitcoinās recent price action suggests the potential for a continued move higher to the $90,000 mark. The $90,000-$92,000 range served as the floor for Bitcoin prices from December to early February. The support zone was eventually breached in late February, resulting in a fall to below $75,000 in April.
According to IntoTheBlock, the cost-basis indicator clusters reveal little overhead supply below the $90,000 range, implying the market could advance quickly before a larger tranche of holders reaches break-even and begins taking profit.šš
Circle Internet Group Inc., the provider of the worldās second-largest stablecoin, has plans to launch a payments network that will facilitate cross-border transactions using stablecoins. This information comes from Bloomberg, citing sources who wished to remain anonymous, as they were discussing non-public plans.
The proposed network is being designed to connect financial institutions and technology firms. This includes payment service providers, digital wallet companies, and banking app providers. The goal is to allow real-time settlement of cross-border payments.
The launch of the Circle Payments Network was first reported by Coindesk. The plans by Circle underscore a growing trend among both cryptocurrency-focused and traditional financial firms to leverage stablecoins for the quicker and more cost-effective transfer of money.šš