Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich&#8230;

Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich…

** Metaplanet is expanding its Bitcoin-focused strategy by launching a U.S. subsidiary and raising $250 million to grow its Bitcoin treasury, positioning itself as a leader in corporate Bitcoin adoption. CEO Simon Gerovich announced the move in a May 1 post on X.  

Metaplanet to launch U.S. subsidiary and raise $250M to expand Bitcoin treasury

XRP fell below $2.30 this week, wiping out all the gains registered in last week&#8217;s short-lived rally. The cryptocurrency, which had risen 8% from $2.06 to $2.28 last week, has now lost 3.5% from Monday&#8217;s opening price and 7% from its weekly high of $2.36. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Market Expert Forecasts Potential 30% Fall To $1.55 A cryptocurrency analyst, Block Bull, forecasts that XRP might drop much deeper in the near future. From the analyst&#8217;s April 29 X post, XRP could not break the resistance level at the top of a bull flag pattern on the daily charts. This technical failure may push the price to $1.55, which would be &#8220;annoying as hell&#8221;, according to Block Bull &#8211; a 30% fall from the high of the pattern &#8211; and 28.6% from current levels. Block Bull informed followers this possible price fall would be brief and could prove to be the perfect entry point for investors. The analyst intimated big money players tend to use such downturns in markets to accumulate holdings at bargain rates. Likely $XRP is going to fall 30% along with $XLM that Ive just posted. bottom of bull flag and fib level will be a great entry $1.55 (annoying as hell) bleeding the average guy and this is why the rich get richer cos theyre the only ones able to afford to HODL pic.twitter.com/pG3h30Swks — 📈BLOCK BULL📈 (@TheBlockBull) April 29, 2025 XRP Not Alone As Bitcoin And Ethereum Also Struggle The decline pressure on XRP is in line with weaker trends in major cryptocurrencies overall. Bitcoin is struggling to remain above the $95,000 threshold while Ethereum has fallen below $1,800. That this is a market-wide correction and not a specific XRP problem is indicated. Competing Analysis Provides More Optimistic Forecast Not everyone who watches the market sees the dismal outlook. Others noted that while declining 6% in two days from $2.28 to $2.14, XRP has been able to remain above important support levels on shorter timeframes. They said that if XRP can hold support at $2.14, the price may bounce back to $2.24 or higher in short order. More positive predictions even indicate that XRP could hit $5 in a month, a new all-time high for the cryptocurrency. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Liquidation Data Shows Market Imbalance Meanwhile, latest trading statistics by Coinglass indicate a shocking disparity in market positions. Within 24 hours, nearly $14 million of long positions (bets on the price going up) were liquidated, while just $1.48 million worth of short positions were sold. This almost 1000% gap indicates the majority of traders were placing bets on price rises when the market started going into decline. The sudden sell-off of such a large number of long positions had a cascade effect, dropping prices even quicker. Open interest also declined by 4%, indicating traders were closing out as uncertainty mounts. As of the most recent trading figures, XRP stands at $2.20, down 1.14% since the beginning of the day. Investors now have conflicting messages regarding whether to anticipate further declines or perhaps a possible rebound in the coming days. Featured image from Unsplash, chart from TradingView

XRP fell below $2.30 this week, wiping out all the gains registered in last week’s short-lived rally. The cryptocurrency, which had risen 8% from $2.06 to $2.28 last week, has now lost 3.5% from Monday’s opening price and 7% from its weekly high of $2.36. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Market Expert Forecasts Potential 30% Fall To $1.55 A cryptocurrency analyst, Block Bull, forecasts that XRP might drop much deeper in the near future. From the analyst’s April 29 X post, XRP could not break the resistance level at the top of a bull flag pattern on the daily charts. This technical failure may push the price to $1.55, which would be “annoying as hell”, according to Block Bull – a 30% fall from the high of the pattern – and 28.6% from current levels. Block Bull informed followers this possible price fall would be brief and could prove to be the perfect entry point for investors. The analyst intimated big money players tend to use such downturns in markets to accumulate holdings at bargain rates. Likely $XRP is going to fall 30% along with $XLM that Ive just posted. bottom of bull flag and fib level will be a great entry $1.55 (annoying as hell) bleeding the average guy and this is why the rich get richer cos theyre the only ones able to afford to HODL pic.twitter.com/pG3h30Swks — 📈BLOCK BULL📈 (@TheBlockBull) April 29, 2025 XRP Not Alone As Bitcoin And Ethereum Also Struggle The decline pressure on XRP is in line with weaker trends in major cryptocurrencies overall. Bitcoin is struggling to remain above the $95,000 threshold while Ethereum has fallen below $1,800. That this is a market-wide correction and not a specific XRP problem is indicated. Competing Analysis Provides More Optimistic Forecast Not everyone who watches the market sees the dismal outlook. Others noted that while declining 6% in two days from $2.28 to $2.14, XRP has been able to remain above important support levels on shorter timeframes. They said that if XRP can hold support at $2.14, the price may bounce back to $2.24 or higher in short order. More positive predictions even indicate that XRP could hit $5 in a month, a new all-time high for the cryptocurrency. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Liquidation Data Shows Market Imbalance Meanwhile, latest trading statistics by Coinglass indicate a shocking disparity in market positions. Within 24 hours, nearly $14 million of long positions (bets on the price going up) were liquidated, while just $1.48 million worth of short positions were sold. This almost 1000% gap indicates the majority of traders were placing bets on price rises when the market started going into decline. The sudden sell-off of such a large number of long positions had a cascade effect, dropping prices even quicker. Open interest also declined by 4%, indicating traders were closing out as uncertainty mounts. As of the most recent trading figures, XRP stands at $2.20, down 1.14% since the beginning of the day. Investors now have conflicting messages regarding whether to anticipate further declines or perhaps a possible rebound in the coming days. Featured image from Unsplash, chart from TradingView

XRP has dropped below $2.30, erasing last week's gains, with a 3.5% decline since Monday and a 7% drop from its weekly high. Analyst Block Bull predicts a potential 30% crash to $1.55, casting doubt on XRP's near-term performance.  

‘Annoying As Hell’ – Analyst Predicts XRP Will Crash 30%

Former White House communications director Anthony Scaramucci called Trump’s first 100 days in office “the worst in modern history.” Despite several crypto-friendly actions, Trump’s early presidency has stirred up major controversy and uncertainty in both politics and the crypto world. [&#8230;]
The post <a href="https://www.coinbackyard.com/cryptocurrency/trump-first-100-days-crypto-impact/">Trump’s First 100 Days: Big Moves, Big Problems for Crypto</a> appeared first on <a href="https://www.coinbackyard.com">Coinbackyard</a>.

Former White House communications director Anthony Scaramucci called Trump’s first 100 days in office “the worst in modern history.” Despite several crypto-friendly actions, Trump’s early presidency has stirred up major controversy and uncertainty in both politics and the crypto world. […]
The post Trump’s First 100 Days: Big Moves, Big Problems for Crypto appeared first on Coinbackyard.

The article examines Donald Trump's first 100 days in office, highlighting mixed reactions to his crypto-friendly policies amid broader political controversies. While some actions were favorable to the cryptocurrency sector, his presidency has also generated significant uncertainty and criticism, particularly from former White House officials like Anthony Scaramucci.  

Trump’s First 100 Days: Big Moves, Big Problems for Crypto

Robinhood reported one of its strongest quarters yet, with Q1 revenue rising 50% year-over-year to $927 million and net income more than doubling to $336 million. Robinhood reported first quarter results after Wednesday&#8217;s closing bell. Earnings per share of 37&#8230;

Robinhood reported one of its strongest quarters yet, with Q1 revenue rising 50% year-over-year to $927 million and net income more than doubling to $336 million. Robinhood reported first quarter results after Wednesday’s closing bell. Earnings per share of 37…

Robinhood delivered a robust Q1 performance, with revenue surging 50% year-over-year to $927 million and net income more than doubling to $336 million, marking one of its strongest quarters. The earnings report has shifted perceptions, with analysts no longer dismissing the platform as a "joke for millennials."  

Robinhood crushes Q1 report, analyst declares it is no longer a ‘joke for millennials’

The global crypto market has climbed past the $3 trillion mark, driven by renewed investor interest sparked by US policy developments under President Donald Trump. CoinMarketCap data shows that the total value of digital assets surpassed $3 trillion in early trading on May 1. Although this represents a significant rebound for the market, it still [&#8230;]
The post <a href="https://cryptoslate.com/insights/bitcoins-dominance-fuels-crypto-market-climb-to-3-trillion/">Bitcoin&#8217;s dominance fuels crypto market climb to $3 trillion</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.

The global crypto market has climbed past the $3 trillion mark, driven by renewed investor interest sparked by US policy developments under President Donald Trump. CoinMarketCap data shows that the total value of digital assets surpassed $3 trillion in early trading on May 1. Although this represents a significant rebound for the market, it still […]
The post Bitcoin’s dominance fuels crypto market climb to $3 trillion appeared first on CryptoSlate.

The global cryptocurrency market has surged past $3 trillion, largely fueled by Bitcoin's dominance and renewed investor interest following US policy developments under President Donald Trump. The milestone, recorded on May 1, marks a significant rebound, though challenges remain.  

Bitcoin’s dominance fuels crypto market climb to $3 trillion

Bitcoin surged past the $97,000 mark on Wednesday, climbing to a high of $97,546 before pulling back slightly, as traders continue to test key resistance levels.&#160; The move came after days of tight price action between $93,000 and $96,000, with&#8230;

Bitcoin surged past the $97,000 mark on Wednesday, climbing to a high of $97,546 before pulling back slightly, as traders continue to test key resistance levels.  The move came after days of tight price action between $93,000 and $96,000, with…

Bitcoin broke through the $97,000 barrier, reaching a high of $97,546 before a minor retracement, as bullish traders pushed past previous resistance levels following days of consolidation between $93,000 and $96,000.  

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Metaplanet to launch U.S. subsidiary and raise $250M to expand Bitcoin treasury

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