After the news, the prices began to move. BNB reacted the strongest: The coin soared in a short time to a new all-time high of over 825 dollars. Thus, Binance Coin regains fifth place on the leaderboard from Solana (SOL).
Bitcoin is also climbing slowly and is now trading above 119,000 dollars. Ethereum (ETH) is recording an increase of over three percent and is moving towards 3,850 dollars.
Although the crypto market has recently reacted less violently to geopolitical news, this deal shows that confidence in the world economy is still directly reflected in the prices.
Bitcoin rises to $120,000, BNB reaches all-time high The crypto market reacts positively to a new trade deal between the United States and the European Union. During a meeting in Scotland, Donald Trump and Ursula von der Leyen reached an agreement on billions in investments and energy supplies.
Shortly after the news, Bitcoin (BTC) surged towards $120,000. Binance Coin (BNB) even reached a new all-time high.
XRP to $500?" Ripple analyst makes a gigantic prediction
A well-known XRP analyst is causing a stir with a striking prediction: the XRP price could rise from $3.50 to $500, and faster than most people expect. XRP skyrockets after years of silence The XRP price is around $3.50, after a strong increase in recent months. This is more than just a recovery: the coin has broken through a six-year pattern that often precedes significant price movements. The breakout was accompanied by a strong increase in trading volume. Various analysts now see XRP heading towards $4.40 and $6. Peter Brandt, the well-known trader, also does not rule out further increases.
This is how much you would have now if you had invested 1,000 euros in XRP a year ago
The world of crypto has moved significantly in the past year, and XRP has stood out prominently. But what if you had decided to get in exactly one year ago?
In this article, we will look at how much your investment would be worth today – and how much you could have earned if you had sold at the perfect moment.
How much would your investment be worth now? Imagine: You had invested 1,000 euros in XRP twelve months ago. At that time, the XRP price was 0.55 euros. For this amount, you would have received about 1,818 XRP in your wallet.
Fast-forward to today: The price is now around 3 euros. If you had held onto those 1,818 XRP the entire time, your investment would now be worth about 5,454 euros. A return of over 440 percent.
Would you have sold at the right moment?
On July 18, the XRP price reached a peak of 3.13 euros this year. This peak came after a series of positive news about Ripple and the broader market sentiment. If you had sold at that exact moment, your investment would have even been worth 5,692 euros.
What do we learn from this?
The example of XRP clearly shows how much profit can be made in crypto – but also how timing makes the difference. With a bit of luck and patience, you could have multiplied your investment of 1,000 euros five or even six times.
At the same time, it remains important to stay cautious. The XRP price remains sensitive to news, market trends, and legal developments. What goes up can also come down. But one thing is certain: Those who got in a year ago look back with satisfaction now.
ETH dominance at its highest level in months, Altseason in sight?
Last week, Bitcoin (BTC) reached an all-time high of $123,200. Since then, however, it has been Ethereum (ETH) stealing the show. In the past week, the digital currency recorded an increase of 22.6 percent. BTC grew by only 1.6 percent during the same period. These performances are also reflected in Ethereum's dominance, fueling rumors of an upcoming altcoin season.
Ethereum dominance rising
According to the latest figures from Singaporean crypto trading firm QCP Capital, Bitcoin's dominance has fallen from 64 to 60 percent. At the same time, Ethereum rose from 9.7 percent to an impressive market share of 11.8 percent. The Ethereum dominance indicates what percentage of the total cryptocurrency market value is held by ETH compared to all other cryptocurrencies. By the way, the token's dominance has slightly fallen today to a value of 11.5 percent. This coincides with a small correction in the ETH price. On Monday, the token reached a local peak of $3,850. Currently, the digital currency is worth $3,700.
XRP Expectation: Price target of 5 or even 6 dollars?
If XRP manages to stay above the breakout zone, the path is open towards 4 to 5 dollars in the coming weeks. Especially if the market sentiment continues and no negative surprises follow. Martinez warns that maintaining the momentum is crucial to reach 6 dollars in the medium term.
The timing of the breakout is remarkable. The entire cryptocurrency market has been on the rise since the United States passed the so-called GENIUS Act. President Trump signed the country's first major crypto law on July 18. This news brought confidence and new capital inflows.
Bitcoin (BTC), Ethereum (ETH), and other major coins have already skyrocketed, but XRP now seems to be catching up. The trading volume of XRP in the last 24 hours was $9.2 billion, and with a market value of $216 billion, the coin is among the strongest gainers this month.
Crypto analyst predicts: 'Ripple (XRP) price could rise to 6 dollars'
XRP seems ready for a big jump. According to crypto analyst Ali Martinez, the coin has broken through an important technical pattern, which could pave the way towards 6 dollars. His prediction follows a remarkable breakout that has awakened many investors.
XRP price breaks out of technical pattern Since the end of 2024, XRP has been moving sideways within an increasingly tightening pattern, known as a symmetrical triangle. In July, there was suddenly a change. The coin powerfully broke through the upper side of the pattern, supported by rising volume. According to Martinez, this is a sign that the bulls are regaining control.
According to Martinez, the breakout could send XRP towards 6 dollars. This expectation is based on so-called Fibonacci extensions, with the first price target at around 5 dollars.
Additionally, he sees new resistance levels emerging, including one at 6.12 dollars. The XRP price is currently just above 3.60 dollars and is testing the old resistance level, which now serves as support.
American banking giant PNC enters crypto through partnership with Coinbase
The American banking giant PNC Financial Services Group will collaborate with the crypto exchange Coinbase to offer its customers direct access to digital currencies. This is reported by Bloomberg based on discussions with bank chief Emma Loftus.
Customers will soon be able to buy crypto through PNC The collaboration is still in its early stages, but according to Loftus, head of Treasury Management at PNC, it is planned that wealthy and institutional customers will soon be able to buy and sell cryptocurrencies through their existing PNC accounts.
“This partnership with Coinbase allows us to explore where the market offers the greatest potential, where the demand is highest, and what our customers are most interested in,” Loftus said. The idea is that customers will soon be able to trade crypto directly from their banking environment without separate registration.
The similarities with the historical price trend raise the question of whether XRP is once again on the verge of an explosive rise towards 8 dollars. Or will the currency remain in a phase of consolidation for the time being?
From a technical perspective, there are increasing signs of an upward movement. Nevertheless, analysts are divided on the further price trajectory. Much will depend on external factors such as overall market sentiment, macroeconomic developments, and new regulations.
XRP Shows Rare Chart Pattern: Is the Price Rising to 8 Dollars?
After months of sideways movement, the Ripple (XRP) price seems to be preparing for a new breakout. According to a technical analysis by Investing Scope, the chart shows striking similarities to the development leading up to the historical bull rally of 2017. The big question: Is XRP facing a new explosive rise towards 8 dollars?
Technical Pattern Reminds of 2017 The XRP price briefly fell towards 2 dollars in early June but has since recovered to 2.23 dollars. According to analysts from Investing Scope, this movement could mark a turning point. On the monthly chart, a so-called symmetrical triangle has been broken. This is a price pattern where the price moves in an ever-narrowing range until a breakout occurs. Such patterns are often seen as an indication of a trend reversal.
A similar pattern emerged between 2014 and 2017. After a long period of consolidation, a strong upward movement followed at that time, peaking just above the 1.382 Fibonacci level. This level is often regarded in technical analysis as a potential price target after a breakout.
Even now, XRP seems to be in a similar phase. The price is currently around the 1.0 Fibonacci level, just like back then shortly before the rise towards the 1.382 level. Based on this, analysts see room for a movement to significantly higher levels, possibly towards 8 dollars.
Although an investment of $300 million in itself can already influence the price of XRP, the real strength lies in the signal that Webus sends. The trust of a publicly traded company in the practical applicability of XRP speaks volumes and sends a strong signal to the market.
If the implementation is successful, it is likely that other companies will follow suit. This could create a domino effect, where XRP evolves into the standard solution for international payments and broader blockchain solutions in business.
Chinese AI Company Invests 300 Million Dollars in XRP
The global adoption of crypto is taking increasingly clear forms, and Ripple regularly plays a leading role in this. Now the company is drawing attention once again: The Chinese AI company Webus International, listed on Nasdaq, has announced that it will invest up to $300 million in XRP.
XRP as the Key to Global Growth According to CEO Nan Zheng, Webus, like many other Chinese companies, regularly encounters obstacles in international payments. Slow bank processes, high costs, and administrative effort make cross-border business unnecessarily complex. With a strategic XRP reserve, Webus aims to address these issues.
“The integration of XRP into our business model could really mean a breakthrough for the way we handle transactions globally,” said Zheng.
But Webus thinks beyond just payments. It sees XRP as the foundation for a broader blockchain ecosystem. The company is exploring the possibility of conducting its entire administration on-chain – a step that aims to provide transparency, security, and real-time insights. Additionally, Webus wants to introduce 'loyalty tokens': digital rewards for customers who interact more frequently with the platform. In doing so, the company aims to build a digital infrastructure that users worldwide can benefit from.
Chaos and uncertainty due to Trump's tariffs send the crypto market deep into the red
A U.S. judge ruled yesterday that President Trump must halt his trade war. According to the ruling, there is no "economic emergency" justifying the import tariffs. Nevertheless, the controversial tariffs remain in effect for now. How can this be?
Trump oversteps authority, says judge The lawsuit was filed by five companies that import goods from countries for which Trump has imposed additional tariffs. They argued that the president exceeded his authority by imposing broad import tariffs under the International Emergency Economic Powers Act (IEEPA) without a demonstrable emergency.
The federal judge ruled in their favor, stating that there was no economic or national emergency justifying the measure. This challenged Trump's authority to take such far-reaching trade actions without Congress.
White House strikes back and files appeal Following this ruling, the White House announced that it would appeal to the Supreme Court. In a statement, the Trump administration said it is "not the job of unelected judges to determine how a national emergency should be handled."
Subsequently, the White House temporarily received support from the U.S. Appeals Court. It stayed the federal judge's ruling and determined that this stay is "necessary for national security," pending a final ruling on the appeal. As a result, the import tariffs remain temporarily in effect.
Next round on June 5
The court proceedings continue unabated. The next hearing is scheduled for June 5, but it is expected that the case will ultimately land before the U.S. Supreme Court. A final ruling could therefore take months, if not years, to arrive.
The XRP rally could finally begin! $2.30 resistance and significance
An exciting time begins for XRP investors. While the price consolidates at $2.19, both technical and fundamental indicators may signal a larger breakout in the coming days. In particular, the announcement of Ripple futures contracts by the CME Group and the crypto-friendly actions of the US Federal Reserve (Fed) strengthen the possibility of a new rally in the market. So what happens next if XRP breaks through the $2.30 mark?
CME announces XRP futures: Institutional power in action The world's largest derivatives exchange, the CME Group, announced that it will introduce Ripple futures contracts on May 19. Subject to approval, these products will be available to institutional investors in two contract sizes: a 2,500 XRP micro contract and a 50,000 XRP standard contract. The pricing is based on the CME CF XRP-Dollar reference rate.
This move by the CME has the potential to bring XRP to the forefront of institutional portfolios, following Bitcoin, Ethereum, and Solana. According to Giovanni Vicioso, head of crypto products at CME, interest in XRP is continuing to grow in both retail and institutional sectors, and the new futures will be an important tool for investment and risk management strategies.
XRP benefits from the Fed and Ripple: Will $10 come in 2025? There are also developments on the regulatory side that favor XRP. The US Federal Reserve's decision that banks no longer need to provide advance notice for crypto and stablecoin activities has significantly reduced uncertainty in the industry. This change could make it easier for banks to access XRP-based products.
Solana and Cardano aim for the same target of new highs with different dynamics: one attracts attention with technical formations and institutional movements, the other with the interest of whales and robust on-chain data. As the crypto markets search for a new direction, the movements of these two giants could also serve as a guide for many altcoins. Alarm bells are starting to ring for investors. It's worth being prepared!
Is the bull season coming? These 2 altcoins will start the rally!
Solana: Is a tech boom imminent? Target: $390 Solana has initiated a new upward wave in recent months by finding strong support at the level of $147. Technical analysis experts point to the ascending triangle formation visible on the chart. This formation usually represents strong buying pressure, and a breakout above 288 could open targets between 350 and 390.
Furthermore, the expansion of the Bollinger Bands and the price approaching the upper band suggest that the upward movement could continue with increased volatility. In particular, from a technical perspective, the breakout from the descending wedge formation supports these bullish expectations. Analysts see $275 as the first short-term target.
Institutional Investors: Solana ETFs on the way One of the most exciting developments for Solana has been its ETF applications. The filing of Solana-based ETFs with the SEC could pave the way for significant institutional inflows, especially in combination with the new SEC chairman's actions to eliminate regulatory uncertainties. This creates momentum but no pressure on the price.
At the same time, developer activity on the Solana network has reached record levels. This indicates that on-chain usage is increasing and the long-term potential of the network is being recognized by more and more investors. In short: Solana is growing not only in price but also in infrastructure.
Cardano whales are on the move: In which direction will the price develop? Perhaps the most important signal for Cardano came from on-chain data. The number of whale addresses with 1 to 10 million ADA increased from 2,405 to 2,408. This small but significant increase shows that large investors are repositioning themselves. When whales start buying again, it is usually a sign that prices will rise sharply.
The week began optimistically for XRP with the announcement of Donald Trump's Crypto Strategic Reserve. However, it has now become clear that this reserve is primarily focused on Bitcoin, with altcoins playing only a symbolic role.
It is no secret that Ripple donated 5 million dollars in XRP to Trump's inauguration fund. Therefore, the inclusion of XRP in the Crypto Strategic Reserve seems to be a kind of thank you.
Howard Lutnick, the current Secretary of Commerce of the United States, stated yesterday that Donald Trump will present his Strategic Bitcoin Reserve during the first Crypto Summit at the White House on Friday.
#USCryptoReserve The news that ADA, the native token of the Cardano network, is to be included in the crypto reserve proposed by US President Donald Trump has caused a stir in the crypto community. Charles Hoskinson, the founder of Cardano, stated that he was unaware of this decision until the official announcement. In a video from March 5, he expressed his surprise and explained that he was awakened on March 2 with numerous congratulations, not knowing what was happening.
Hoskinson emphasized that there was no prior communication regarding the inclusion of ADA in the reserve. He attempted to engage in discussions about it, but received only vague responses like "We will get back to you" or "We will clarify this." Trump's announcement, made on March 2, included Bitcoin and Ether as well as XRP, Solana, and Cardano, which elicited mixed reactions in the industry.
Crypto Market Explodes: Bitcoin and Cardano Surge Strongly After the Trump Effect
Cardano (ADA) is Doing Well
Cardano is trading at about 0.95, which represents an impressive increase of over 17% compared to the previous day. ADA experienced a strong rally, with a rise of 63% after the announcement that ADA would also be included in the crypto reserve. This came as a surprise and was the reason for the huge spike. This momentum has not yet faded, and ADA has been able to retain a large portion of these gains.