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Ryan Lee, the Chief Analyst at Bitget Research wrote in the latest note that Ripple (XRP) is en route to $5. He wrote that the leading altcoin could get there before the end of 2025 fueling a significant surge in price. The altcoin is rangebound at $2.13 on Wednesday and is down in the charts by 3.5% in the day’s trading session. Also Read: Ripple’s XRP Ledger Sees Surge: 295K+ Daily Users, Whales Hit Record Lee explained that Ripple’s XRP is set to rebound in value hinting at traders to accumulate the ongoing dips. Bitget Research is bullish on XRP’s momentum this year as sizeable global institutional funds are eyeing it as an investment. The trend started after the SEC approved the Bitcoin ETF to go live in March last year. Ripple: Why Would XRP Rise To $5? Bitget Analyst Explains Source: Reddit The Bitget analyst revealed that institutional clients are allocating global corporate funds to Bitcoin, Ethereum, and Ripple’s XRP. He wrote that institutional treasur...

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The US dollar forecast for the next 6 months reveals some pretty concerning weakness ahead, and right now, the greenback is facing mounting pressures from multiple directions. After hitting a three-year low at 97.60 last week, the US Dollar Index has lost nearly 10% since early 2025, which is quite significant. The key technical indicators reveal that the currency faces critical support at 95 and 90. At the same time, Fed rate cuts predictions for 2025 and the rising de-dollarization trend may take the USD index forecast even lower. The situation with inflation is also unclear since calibration of world currencies is gaining pace (US inflation in May, for example, reached 2.4%) and many of the key banks are forecasting that the problem will continue. Source: Bank of International Settlements Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons How Slowing Growth, Inflation & Rates Impact USD Outlook Source: Watcher.Guru Critical Support Level...

XRP has been making a lot of headlines in the past several years due to Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).  But what would have happened if you invested $10,000 into XRP three years ago? A $10,000 investment in XRP in 2022 On June 1, 2022, XRP was trading at $0.4219 in the opening, according to the data provided by CoinMarketCap.  A $10,000 investment back then would have thus equated to approximately 23,692 XRP. XRP’s price at that time was actually the result of a steady decline that began in December 2021. In the following months after June 2022, the token managed to bounce a bit and maintain a price of over $0.40 during the final quarter of the year. The first four months of 2023 were somewhat volatile again, with XRP dipping as low as $0.3771 on March 1 and rising as far as $0.5385 on April 1. For the next 18 months or so, the token kept bouncing from the high $0.40s to low $0.60s befo...

At the BRICS Forum Trade in Brazil this week, Nigeria’s House Committee on Foreign Affairs, Wole Oke, called on all global alliances to stand united and join the force to topple the US dollar as the world’s reserve currency. The Foreign Minister also said that BRICS must start trading in local currencies and other alliances will follow suit. He called for the African Union, the ASEAN bloc, MERCOSUR, and all other global alliances to join hands with BRICS and settle trade in local currencies and not the US dollar. The call to uproot the US dollar is growing lately with emerging economies looking to cut ties with the greenback. Also Read: BRICS: 71 Countries Settled Trade Without the US Dollar “BRICS is not a closed club. Let’s work with the African Union, ASEAN, and MERCOSUR to shape a new global trade order that is fair and inclusive,” he said to Punch Newspaper. Oke said that the traditional way of the financial sector must end ushering the world into a new era of finances. The ...

Consumers shopping at Walmart and Amazon could soon settle their baskets with the retailers’ dollar-pegged digital tokens after both firms confirmed they are exploring proprietary stablecoins. People familiar with the plans told The Wall Street Journal that preliminary technical work is underway, although neither company has yet committed to a launch date. The move would represent the deepest incursion by non-financial multinationals into the U.S. payments system, potentially diverting billions of dollars in card fees from banks and networks towards the two retail behemoths. Industry analysts say the timing is no coincidence. The U.S. Senate is expected to vote on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act on June 17, establishing a clear legal framework for corporate issuers. Both companies have long chafed at the cost of traditional card rails; Walmart alone paid an estimated $2.1 billion in processing fees last year. By issuing...

Altitude, a DeFi lending platform, has opened its collateral-optimized lending service to the public following an eight-month private beta phase, based on information disclosed to Finbold on Friday, June 13. The platform enables automated strategies for efficient collateral management in lending and borrowing activities. During the beta testing period, Altitude attracted over $5 million in total value locked (TVL) from whitelisted participants. The platform is designed to help users manage onchain borrowing while maintaining optimal capital efficiency and preventing under-collateralization. Automated rebalancing features Altitude offers automated rebalancing capabilities, adjusting borrowing positions based on collateral price movements for assets like Bitcoin (BTC) and Ethereum (ETH). The platform’s dashboard displays loan health metrics based on loan-to-value (LTV) ratios with controls for parameter adjustments. When collateral values increase, Altitude borr...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins. Analyst Michaël van de Poppe tells his 791,800 followers on the social media platform X that he’s keeping a close watch on gold’s price action, noting that the precious metal’s chart is the “most important chart to watch” this week. According to the trader, gold appears to have printed a bearish lower high setup on the six-hour chart, suggesting that the precious metal could fall to as low as $3,200 in the near term. “As long as Gold stays sub-$3,365, we’re likely going to see a sharp fall in the coming one to two weeks of anything between 4-10%, resulting into a sudden macroeconomic shift.”  Source: Michaël van de Poppe/X Van de Poppe believes that falling gold prices will be beneficial for altcoins, as it suggests an increased appetite for risk among investors. ...

Dogecoin (DOGE) has gotten a lot of attention in the crypto industry again since its price has gone up by an amazing 35%. A lot of investors are enthusiastic about this fast development and are seeking for methods to take advantage of it. QFSCOIN's cloud mining platform is a simple, low-risk way to mine Dogecoin without having to deal with complicated installations or large investments. It's becoming more and more popular. The DOGE Surge and Why It Matters At first, many thought of Dogecoin as just a humorous "meme coin," but it has slowly become more legitimate and popular. This last price rise shows that people are interested in the market again and feel good about it. For investors, it's a great time to purchase or mine DOGE while the excitement is growing.  But mining Dogecoin isn't always easy. Mining in the traditional way needs costly machinery, power, and technical know-how. When mining becomes tougher, it's harder for individual miners to...