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Shiba Inu (SHIB) price has been consolidating after a recent market correction, mirroring the broader cryptocurrency downturn. The Meme coin has hovered around $0.000016, struggling to break higher amid selling pressure. Bitcoin (BTC) also declined, trading at $97k. Additionally, a massive 600 trillion SHIB supply appears to be limiting price growth, preventing a potential quadrupling in value.
600T SHIB: How It’s Blocking Price from Moving Higher
The Global In/Out of the Money (GIOM) Indicator provides an overview of Shiba Inu holders based on their profitability at different price levels. The chart categorizes addresses as In the Money if their average SHIB purchase price is below the current price, At the Money if it aligns with the current price, and Out of the Money if purchased at a higher price.
Currently, the SHIB price is trading at $0.00001645, placing a significant number of holders out of the money. The most critical resistance zone is the $0.000018- $0.000019 range, where 40.68K addresses hold 423.54 trillion SHIB. This cluster acts as a supply barrier, and many investors are waiting for SHIB to return to their entry point to break even, leading to potential sell-offs that hinder upward momentum.
If Shiba Inu price prediction successfully breaks above the $0.000019 level, the next major resistance forms between $0.000019 and $0.000024, where 155.67K addresses hold 68.23 trillion SHIB. This suggests that even if the first resistance is overcome, another large sell zone awaits at higher levels.
SHIB Technical Indicators
The Shiba Inu price could increase if it confirms the cup-and-handle. The pattern forms when a rounded bottom (the cup) appears, followed by a smaller dip (the handle), indicating consolidation before a potential surge.
The neckline, or resistance level at the cup’s peak, is key in validating the pattern.
If the pattern plays out successfully, the Shiba Inu price could climb by approximately 267%. This projection suggests a possible 3.5X to 4X increase from current levels.
A confirmed breakout above the neckline could initiate an extended rally, with traders setting targets based on historical resistance points. If market conditions align with technical signals, Shiba Inu could experience a substantial price appreciation.
The Global In/Out of the Money indicator highlights key resistance zones, showing where SHIB faces heavy sell pressure. If the cup-and-handle pattern is confirmed, a breakout could drive a 267% surge.
The post 600,000,000,000,000 SHIB Blocks Shiba Inu Price From Quadrupling appeared first on CoinGape.
15 Feb 2025, 11:15 amBinance Founder Changpeng ‘CZ’ Zhao has shared his take on the recent pump-and-dump scheme associated with the LIBRA token. Taking to his X handle, he shared 4 key takeaways that key stakeholders in the industry need to watch out for. Notably, this take comes amid a growing shift toward celebrity tokens in the broader market.
Binance Founder on Ideal Token Signs
According to the CZ post, industry personalities with respected online profiles must be careful when endorsing a token. He noted that token economies matter for any kind of asset. The former Binance CEO said a lot of research must be done before a user decides to invest or not.
He also noted that buying a new asset is inherently risky. He also insinuated that with the growing industry, there is a lot of money from investors ready to be invested. This floating capital in the community entered some memecoins lately.
The President Trump family launched the TRUMP and MELANIA tokens in January. The massive embrace of these tokens pushed TRUMP to the top 15 in the market within days. However, these assets have lost bullish momentum, leaving many investors in losses.
LIBRA Token and Argentina Ties
The comment from the Binance founder came as a response to a thread from Pix, a self-acclaimed Web3 researcher. Pix dived deeper into the origin of the LIBRA token and the ties with Argentina President Javier Milei. Despite the link and narrative, LIBRA crashed by 90% after hitting an all-time high of $4 billion valuation.
According to Pix on X, Julian Peh, an investor who bought Bitcoin in 2016, launched the token. With runs to Ethereum and NFTs, Peh soon became vast in the new tech world.
He first met the Argentine President in 2021 when he gave a speech on AI, small businesses, and the future at a conference. Impressing Milei, KIP, the company founded by Julia Peh, joined the Buenos Aires Blockchain Committee.
Through this linkup, he pitched the idea of a national token to support small businesses. President Milei bought the idea with his plans for transformation and shared the first post about the token on X. This triggered a massive Fear of Missing Out (FOMO) as investors poured in case.
With $87 million pulled out by insiders after Milei deleted his post, many now tag the LIBRA token as the biggest political rug pull in history.
Binance Founder Almost Caught in Memecoin Saga
Meanwhile, Changpeng Zhao almost mixed with a similar memecoin frenzy earlier this week. The trend started when he posted online his dog Brocolli, a Belgian Malinois.
In a short while, many memecoin variants tracking the price of the dog came online. One whale made huge gains after betting on BROCCOLI as the price rallied over 160%.
Some investors even demanded that CZ drop a contract address for a token linked to the dog. However, he refused, avoiding another potential failed celebrity token. From his experience, he noted that the Argentina LIBRA token could have recorded a better outcome if properly planned.
The post Binance Founder Breaks Silence On Libra Crash: “Token Economics Matter” appeared first on CoinGape.
15 Feb 2025, 10:24 amCardano founder Charles Hoskinson has explained how the top tech companies Meta, Google, Apple, Microsoft, and Amazon could replace Layer-1 networks. According to him, these companies could easily establish their blockchain infrastructure once they achieve regulatory clarity.
Cardano Founder Reveals How Tech Companies Can Replace L1s
While speaking on an X space, Cardano founder Charles Hoskinson explained that tech companies like Meta, Google, Apple, Microsoft, and Amazon could become competitors to top Layer-1 projects once the stablecoin bill passes. Hoskinson suggested that these tech companies could move to establish their blockchain infrastructure once there is regulatory clarity in the country.
He gave an example of these companies issuing their stablecoins or partnering with a company like Circle to achieve this. Hoskinson also highlighted Apple’s ‘Apple Pay’ and Google’s ‘Google Pay’ to show how these companies are in a good position to compete with these layer-1 networks.
The Cardano founder also noted that these companies are in a good position to overtake these networks since they already have billions of users and control the operating systems that run on phones. As such, he believes this would be the next wave of competition the crypto space will face.
Hoskinson added that he envisages these companies could go as far as creating their Layer-1 networks. He gave an instance of how Meta already tried to venture into the crypto space in the past but failed due to a lack of clear regulations. As such, there is the possibility that they could make such a move again once Congress passes pending crypto bills.
These Companies Won’t Pass Up The Opportunity
The Cardano founder noted that, based on his sources, the US Congress could pass the stablecoin bill in the next 100 days. He believes that companies like Meta, Google, Apple, Microsoft, and Apple will not pass up the opportunity to expand their operations into the crypto market when the bill passes.
He remarked that there is no way that layer-1 networks could compete with these companies since they have a larger network of users and the necessary licenses to expand their business into the crypto space. Hoskinson also highlighted the fact that these companies could easily block users’ access to these networks in a bid to win them over.
The Cardano founder said believes this is very possible since these companies, with their infrastructure, are already a gateway to accessing these Layer-1 networks. As part of the unfair practices that these companies could adopt, Hoskinson also raised the possibility of them deciding to stop running nodes for these networks, which could alter the operations of these Layer-1s.
Hoskinson also highlighted how these tech companies have the edge over L1s with their confidential computing. On the other hand, these blockchains operate within second-generation trust-execution environments which are less reliable.
Hoskinson’s bold statements come just days after he hinted at a potential partnership with Microsoft. This has sparked a bullish outlook for the ADA price, with projections that the crypto could rally to its current all-time high (ATH) of $3.10.
The post Cardano Founder Reveals How Meta, Google, & Apple Can Replace L1 Networks appeared first on CoinGape.
15 Feb 2025, 9:42 amThe crypto space is experiencing a rebound following the recent turmoil, with the global market cap reaching $3.25 trillion, up 0.89%. Cardano is one of the most noticed tokens in this cycle as it is poised to reach new highs. Despite the current marginal decline, the Cardano price is regaining momentum amid potential developments including ADA ETF approval and Microsoft partnership.
Cardano Price Targets $20: What’s Behind the Bullish Prediction?
While the Cardano price is hovering below the significant $1 level, analysts and traders remain optimistic that the token could retest its previous all-time high of $3. Many believe that a breakout above $1 could push ADA to new highs, hitting $3 and beyond. However, analyst Sssebi has made an even more ambitious forecast, predicting a staggering 2,757% surge that would catapult Cardano to unprecedented levels.
In a recent X post, an ADA enthusiast known as Sssebi, shared their bullish prediction of Cardano hitting $20, citing four compelling reasons. One of the prominent factors pinpointed by Sssebi was the potential interaction between Cardano and Bitcoin. In a groundbreaking revelation at the October 2024 Cardano Summit in Dubai, Cardano was unveiled as Bitcoin’s upcoming DeFi layer, sending shockwaves to the Cardano community. Sssebi believes that the development could significantly impact ADA, pushing its price to $20.
Cardano ETF Speculations Spark ADA Rally
Another important reason highlighted by Sssebi was the potential approval of Grayscale’s Cardano ETF. In a recent development, Grayscale Investments filed for a Cardano ETF with the NYSE. As this filing came amid the increasing demand for Cardano, investors expect an ADA rally following the ETF approval.
While asset managers compete to launch altcoin ETFs tracking assets like XRP, ADA, LTC, and SOL, Grayscale’s initiative may inspire others to follow. If Grayscale launches its ADA ETF, it will enable investors to further diversify their portfolios by incorporating ADA.
In reaction to Grayscale’s move, the Cardano price surged by more than 14% to $0.8068, signaling a positive sentiment. The trading volume also rose by 11%, reflecting increased investor interest.
Microsoft Partnership and Hoskinson’s Crypto Advisory Role Fuel Optimism
Further, Sssebi underscored the significance of Cardano’s potential collaboration with Microsoft in ADA’s bullish rally. During a YouTube live on February 10, Cardano founder Charles Hoskinson revealed that the blockchain platform may enter into a strategic alliance with tech giant Microsoft. Although specifics were undisclosed, the community rejoiced, recognizing the far-reaching implications for both the blockchain and the broader cryptocurrency ecosystem.
Moreover, the analyst highlighted that Hoskinson’s crypto advisor role in the Trump administration could be another major catalyst for Cardano’s price rally toward $20. In November, Hoskinson confirmed his support of Trump’s crypto plans, in a bid to reshape the US crypto legislation.
Cardano’s Bullish Breakout: What’s Next for ADA Price?
Currently, the Cardano token is trading at $0.7877, down by 2.59% in a day. However, the Cardano price has experienced a surge of 14.09% over the past seven days despite a massive 30% monthly dip. The token’s trading volume has also seen a significant plummet of 23%, currently at $631.13 million.
In addition to Sssebi’s analysis, other analysts like TapTools also remain bullish about Cardano’s future trends. According to TapTools, the Cardano price is ready to retest its previous all-time high of $3, targeting a new ATH.
Cardano $ADA is repeating history. pic.twitter.com/hTrJ45oWyO
— TapTools (@TapTools) February 13, 2025
While forecasts suggest a bullish trend, the actual outcome remains uncertain. So, investors should proceed with caution before making any investment decisions regarding ADA.
The post Cardano Price To Hit $20, Here’s What You Need To Know appeared first on CoinGape.
15 Feb 2025, 7:32 amThe official Trump (TRUMP) is continuously being paid attention to due to its connection to US President Donald Trump. For the same reasons, the token peaked right after launch, reaching an ATH at $75.35. However, the hype faded soon, resulting in the TRUMP memecoin price crash and further consolidation. Interestingly, the last few days have shown a different side. With this TRUMP coins’ significant recovery, the question is, can it reach $50 by the end of February? Let’s discuss.
TRUMP Memecoin Price Rally Begins
Donald Trump’s token’s journey in the crypto market is nowhere different from a rollercoaster ride. After its launch on January 17, the TRUMP memecoin price quickly reached a high of $72 before crashing to a low under $15.
Even at present, the TRUMP coin stands 74% away from its all-time high per CoinMarketCap. However, it has recovered 30% in the last 48 hours, trading at $19.80 with a market capitalization of $3.9B. More importantly, it peaked at $24, two weeks high, raising investors’ excitement about its potential rally to $50.
Interestingly, this happened as investors went to buy the dip, catering to increasing trading volume. In the last 48 hours, TV has surged from less than $1 billion to $6.69 billion, marking a new 600% surge. However, the $50 journey is still far and requires constant bullish momentum.
Can TRUMP Memecoin Price Hit $50 By February End?
The 30% surge in the last 2 days is a testament to the investors returning interest to this trending meme coin. As a result, this creates the possibility of further surge amid global market recovery. More importantly, from a technical point of view, the TRUMP memecoin price has recently broken out of a key downtrend and is battling with the resistance level.
A successful breakout from the key resistance of $23.53 could open the path to $50. For this bullish TRUMP price prediction to come true, this token must turn this resistance into support and surpass the low resistance between $25 and $50.
Moreover, the historical price pattern and its price chart also support the possibility of $50. According to the technical indications, the Relative Strength Index (RSI) is strong, while the MACD indicates bullish momentum. However, with the failure to reclaim, the price could crash back near the $15 support.
Key Factors That Might Fuel This Price Rally
Despite the earlier criticism and doubts over TRUMP coins’ performance, investors’ sentiments favor its recovery. The On-Chain data and a recent CoinGape blog revealed that the whales are accumulating this token in bulk, with some buying over $10 million worth of tokens at a time.
Fueling the spark, BitMEX CEO Arthur Hayes believes TRUMP could surpass Bitcoin’s dominance. He claims this could happen if politicians leverage meme coins for branding and campaign financing.
Additionally, Trump’s crypto project, WLFI, launched its strategic token reserve, Macro Strategy, which is fueling optimism. Some analysts even believe that the firm may acquire the TRUMP tokens.
Such key developments around this crypto token, fueled by technical factors, could favor the rally to $50 by the end of this month.
Final Thoughts on TRUMP Coin’s Future Outlook
The Trump memecoin price reclaiming $23.52 is the key moment to shape its bullish trajectory to $50. The token has already succeeded in reclaiming investors’ interest, fuled by WLFI strategic reserve announcement and whale buying.
However, despite all this, investors should not blindly jump into trade. The token is still down 74% from its prime. Failure to reclaim the $23.52 could further crash it. Moreover, the Bitcoin price movement and macroeconomic trends need to be considered.
The post Will TRUMP Memecoin Price Reach $50 Again by the End of February? appeared first on CoinGape.
15 Feb 2025, 6:51 amSolana (SOL) price has been struggling below the $200 mark, facing resistance despite previous bullish momentum. The cryptocurrency recently rebounded from the $190 support level, hinting at potential recovery. However, market sentiment remains uncertain as SOL records losses on weekly charts. Analysts anticipate a rebound toward $300. Investors are closely watching for signals of a trend reversal in the coming days.
Analyst Eyes Solana Price Break Out: $300 Next?
Crypto analyst has identified a key technical breakout in the Solana price movement. The Layer 1 crypto has surged past a descending trendline, a significant resistance that previously suppressed its price. This breakout hints at a possible bullish reversal, raising speculation about a potential rally.
Technical indicators suggest the Solana breakout could pave the way for a strong upward move. If momentum continues, analysts believe the price could eye $300 as the next major target.
Solana Price Analysis
As of Saturday, the SOL price hovers at $195 with slight surge of 0.8%, showing resilience amid market fluctuations. The top altcoin trades between the $190 support and $200 resistance level, maintaining a tight range over the past few sessions.
During the weekend the crypto market holds steady while principal assets face difficulty in building any sign of upward movement. Bitcoin maintains its transaction value at approximately $97,000 without signs of increasing or decreasing.
Ethereum, Solana (SOL), and XRP also follow a similar pattern, lacking any significant price surges. Despite brief upticks, their overall trend remains sideways, reflecting broader market uncertainty.
Key Levels To Watch
Technical indicators suggest a potential breakout. If SOL surpasses the $200 resistance, it could target the next key level at $220. A move beyond this point may pave the way for a rally toward $250. The ultimate bullish scenario would see SOL reaching $300, marking a significant 54% gain from current levels.
The price support at $190 plays a vital role as a bearish indicator for Solana. If support at $190 fails, Solana price forecast could start an upward decline toward its next support level found at $180. If the Price of Solana drops further it will reach the $160 level which would signal heavy selling activity. The current momentum stays neutral as the Relative Strength Index (RSI) maintains a value of 46.

A bullish breakout may occur when Solana surpasses its crucial resistance levels according to its current price movement. The price has potential to move toward $300 but any failure to sustain current levels might result in negative market reactions.
The post Solana Price Analysis: SOL Reversal to $300 is Imminent appeared first on CoinGape.
15 Feb 2025, 6:07 amUnpredictability and the market’s volatility bring the need to adapt and shift from one token to another to stay profitable. At the same time, it requires the crypto to sell perspective to eliminate the assets that are declining or moving toward further losses. Interestingly, the current altcoins scenarios require token holders to re-evaluate these five coins and possibly sell them. Why? Let’s discuss.
5 Crypto to Sell This Sunday
The crypto market is filled with opportunities, but the process is not easy. Some investors opt for trending cryptos to buy, whereas others target the dip and benefit from the recovery. However, one thing is consistent: grabbing the benefit before the crash forms.
This week, altcoins like Solana, TRUMP, DOGE, WLD, PI Coin, and a few others face similar threats, which is why investors should consider all these crypto to sell. Here’s why.
1. Solana (SOL)
Solana is among the top altcoins and the epicenter of the meme coin mania. In the last few years, it has attracted massive investors due to its transaction speed, low fees, and introduction of top-notch Solana meme coins.
However, the same has led to its downfall, as LIBRA token scam and other tokens’ downfalls are ruining its reputation. Similar allegations have been made due to Pump.fun scams and the mass production of Solana meme-themed cryptocurrencies that lack utility.
A prominent crypto influencer believes Solana is becoming an extraction chain before claiming it has no future due to its diminishing long-term prospects.
2. PI Coin (PI)
PI Coin is among the most common choices for the crypto to sell due to investors’ scam speculation. Critics question its tangible value, especially as it is due for crypto exchange listings. More importantly, PI Coin lacks tangible value.
Its questionable monetization and reliance on user data make it a concerning investment. This is why investors must cautiously approach this coin or could consider selling it.
3. Official Trump (TRUMP)
TRUMP is the official cryptocurrency of the US president, Donald Trump. Although the token’s demand and hype grew to the roof moments after its launch, the ongoing price crash presents the opposite picture with a lot of controversy around a president launching a volatile asset, the Trump organization, and its affiliate controlling most of the supply, pushing into the volatility trap.
Regulatory scrutiny, lack of utility, and other factors make it risky. Before the downtrend continues to further lows, investors must consider this crypto to sell.
4. Worldcoin (WLD)
WLD gained popularity due to its connection with OpenAI founder Sam Altman and its vision of global identity verification. However, ever since its launch, privacy concerns and data collection practices have resulted in its volatile performance. Moreover, its 90% crash from its prime raises more concerns, especially as it continuously unlocks new tokens.
According to the Tokenomic data, $6.70M worth of linear token unlocks occur daily, increasing the supply and diluting the digital asset’s worth. This makes it a high-risk asset, putting it among the altcoins to sell.
5. Dogecoin (DOGE)
DOGE is among the top meme coins and relies on social media hype and celebrity endorsement to rally. However, this is also its fundamental weakness, as it lacks utility and struggles to perform often despite the heavy demand. Many critics believe that introducing new meme-themed cryptocurrencies and changing market trends make it a risky asset.
Not to mention, the $3.75 million token unlocks daily adds to its volatility, which is why investors must consider this crypto to sell this Sunday.
Disclaimer: The blog includes some volatile and struggling assets, which may become a risky investment for investors due to this significant reason. However, the reader must do further research and cautiously make a decision.
What’s In There For You?
Eliminating high-risk digital assets from portfolios is a common crypto trading practice. Amid thousands of altcoins, investors must carefully choose their investments and exchange their high-risk assets for better ones. In the same discussion, inventors can consider Solana, Dogecoin, PI Coin, WLD, and TRUMP crypto to sell this Sunday to avoid millions of losses.
More importantly, the inventor must thoroughly stay updated with market trends and research to avoid potential losses.
The post 5 Crypto to Sell This Sunday to Avoid $1 Million Losses appeared first on CoinGape.
15 Feb 2025, 4:21 amThe crypto market faces a slow recovery, fueling interest in USA Coins to Turn $10K to $100K by 2025. Texas Senator David Glover proposed a Bitcoin strategic reserve which has sparked nation-wide talks about digital assets. The proposed legislation sets conditions for homegrown cryptocurrencies to direct future development in the United States digital asset market.
USA-based cryptocurrencies, with their founders and operations within the country, may benefit from this potential policy shift. If the U.S. moves toward a structured national digital asset reserve, these coins could see increased demand, driving a significant price surge. Investors are eyeing these projects as potential high-growth opportunities.
Ripple (XRP)
XRP price surged 2% in the past day, hitting $2.80, this comes after a slight market recovery. The Ripple price has fueled a 400% increase over the past year, making XRP a top U.S. digital asset with potential to turn $10,000 into $100,000.
A crypto analyst, EGRAG, highlighted a bullish pennant pattern, with price targets of $15 and $17. However, a breakout above $3.40 is crucial for confirmation. The existing critical support remains tight, though any dip below this point signals possible bearish market trends. The upcoming XRP breakout situation remains under intense trader observation because it will decide if the price uptrend continues forward or starts to stagnate.
Solana (SOL)
Solana (SOL), a layer cryptocurrency, struggles to regain momentum as its price faces resistance around $195 in the past 24 hours. The token has encountered a slight bearish trend despite its growing traction in decentralized finance (DeFi).
Speculation surrounding a potential SOL exchange-traded fund (ETF) has fueled optimism, alongside rising interest in Solana-based meme coins. If market conditions improve, SOL price prediction could break past the $250 mark, signaling a possible recovery in the broader cryptocurrency market. Crypo analyst Ali tweeted that SOL looks ready to rebound toward $225 or even $264.
Chainlink (LINK)
Chainlink price hovers around $19.15, struggling to break past resistance at $25. A bullish breakout could push LINK toward $30, turning a $10K investment into six figures.
The RSI at 52.63 signals neutrality, leaving room for volatility. If LINK holds above $15, buyers may regain control. A decisive move will determine whether Chainlink continues upward or faces renewed selling pressure.

Sui (SUI)
Sui (SUI), a Layer 1 blockchain and smart contract platform, is gaining momentum with its fast, secure, and private digital asset solutions. Its Total Value Locked (TVL) has reached $1.5 billion, signaling strong market engagement.
The SUI price recently surged to $3.42, marking an 81% increase over the past year. This growth trend indicates rising confidence in Sui despite a minor market correction. As interest continues to grow, Sui is emerging as a notable altcoin.

Final Thoughts
The evolving regulatory stance and policy proposals, such as the Texas senator’s Bitcoin reserve initiative, have brought new attention to USA Coins’ decision to turn $10K to $100K. As interest in U.S.-based digital assets grows, these projects could experience significant market gains, making them potential high-value picks for 2025’s bullish cycle.
The post 4 USA Coins to Turn $10K to $100K As Texas Senator Proposes Strategic Bitcoin Reserve appeared first on CoinGape.
15 Feb 2025, 4:19 amBinance founder Changpeng Zhao, aka CZ, has recently spotlighted U.S. Fed Chair Jerome Powell’s evolving viewpoint regarding Bitcoin (BTC), causing an optimistic flurry among market participants. Converse to the Fed Chair’s previous hostile approach to the flagship cryptocurrency, a recent interview revealed that Powell sees the digital asset as parallel to gold, although there is a catch.
Binance Founder CZ Calls Jerome Powell’s Shifting Stance ‘An Improvement’
In an X post on February 15, Binance founder CZ called Jerome Powell’s optimistically shifting approach towards BTC “an improvement to the previous narrative.” Notably, the U.S. Fed Chair reflected a highly optimistic approach to Bitcoin, speaking with Andrew Ross Sorkin at the New York Times DealBook Summit.
Powell stated that “people use BTC as a speculative asset.” Further, he added that the asset is “just like gold, only it’s virtual.” This statement, underscoring the Fed Chair’s recognition of the crypto as an asset class, has raised eyebrows across the broader market.
However, it’s worth mentioning that the Chair still believes BTC to be of no comparison to the U.S. dollar, given its high volatility and lack of use as a payment method. Nevertheless, Powell’s comparison of BTC to gold is what the Binance founder is optimistic about.
CZ’s New Entry Into The Crypto Market?
Meanwhile, following CZ’s prison saga, a new endeavor in the crypto market has echoed a buzz among investors. Changpeng Zhao recently caught the market’s attention with his new dog, Broccoli, and the meme coin sector witnessed more than 20K token launches inspired by this event.
A recent CoinGape report revealed that a crypto whale bet hugely on CZ’s Dog (BROCCOLI) token amid this frenzy. Traders and investors continue to navigate the meme coin sector, filtering among these same themed tokens for profit-booking motives.
U.S. Fed’s Stace Still Not Optimistic?
Simultaneously, it’s also worth mentioning that despite Powell’s shifting approach to Bitcoin, the U.S. Fed’s recent monetary decisions have presented risk assets with pressure. The latest U.S. CPI data came in hotter than expected at 3% for January.
Whereas, the PPI also came in hot at 3.5%, the highest since February 2023. With rising inflation and no rate cuts by the Fed, the crypto market’s much-awaited bull-cycle appears to have halted. Nevertheless, crypto prices showed signs of recovery as the week came to an end, sparking discussions over future movements.
Also, CZ’s comments regarding an optimistic shift in Powell’s approach towards BTC sparked discussions over a loosened grip on risk assets by the U.S. Fed moving ahead.
The post Binance Founder CZ Highlights Fed Chair Jerome Powell’s Shifting Bitcoin Stance appeared first on CoinGape.
15 Feb 2025, 3:35 amBitcoin price was marginally up today at $97,500 level amid a broader crypto market recovery. Besides, the flagship crypto has touched a weekly high in the last 24 hours, nearing the $99K mark. Amid this renewed interest in the market, several experts hint at a breakout for BTC ahead. Despite that, veteran trader Peter Brandt has shared a contradicting statement recently, casting doubt over BTC hitting $200K anytime soon.
Why Peter Brandt Doubts Bitcoin Price’s Potential To $200K?
Renowned veteran trader Peter Brandt recently expressed skepticism about Bitcoin price reaching $200K by the end of the “decade”. Sharing a BTC price chart on X, he stated that BTC would need to break through key resistance to achieve such levels. Brandt explained:
“Unless Bitcoin has escape velocity through upper parabolic resistance line it’s very unlikely that BTC will be trading above $200k at the end of this decade.”
Meanwhile, his statement contradicts the growing optimism among crypto analysts who predict a significant Bitcoin surge in the coming years. While some foresee BTC hitting a six-figure valuation, Brandt suggests that a major resistance barrier could limit its upside potential.
Brandt Remains Open To Different Approaches
Despite his skepticism, Peter Brandt acknowledged another market analysis that supports a bullish outlook for BTC. Crypto analyst ‘dave the wave’ shared a Bitcoin price projection, highlighting a pattern that suggests BTC could cross the $200K mark within this cycle.
Sharing the post, Brandt praised the analysis, calling it a “mathematically supported narrative.” This indicates he remains open to different perspectives, even if he personally questions BTC’s ability to sustain a parabolic rise beyond the resistance levels.
Bitcoin Market Sentiment Remains Divided
The crypto community remains divided on Bitcoin’s long-term potential. While some analysts foresee BTC soaring past $200K due to increasing institutional adoption, others argue that market cycles may not support such extreme growth within this decade.
The ongoing BTC recovery has reignited debates over its next move. As Bitcoin hovers near the $100K mark, investors watch closely to see if it will break resistance or face a prolonged consolidation phase.
What’s Next For BTC Price?
Bitcoin price today was up over 0.4% and exchanged hands at $97,521, while its trading volume fell 2% to $30.5 billion. Notably, the crypto has touched a 24-hour high of $98,819.47, while noting a weekly surge of around 1.5%. Besides, BTC Futures Open Interest rose 0.6%, indicating renewed market sentiment towards the asset.
Notably, a BTC price prediction hints that the crypto might hover around the $97.5K level through this month. Despite that, a flurry of analysts remains bullish, hinting towards a potential rally to $106k in the near term. Besides, a recent report highlights that BTC might target the $103K level, as retail investors are looking beyond the recent set of hotter-than-expected inflation data.
For instance, top market expert Ali Martinez said that Bitcoin price is gearing up for a bullish breakout ahead, hinting at a surge to $106k soon. Echoing similar sentiment, another expert Rekt Capital also noted that if the crypto holds strong above the $97,700 level, it could extend the rally ahead.
The post Veteran Trader Peter Brandt Reveals Why Bitcoin Price Won’t Hit $200k appeared first on CoinGape.
15 Feb 2025, 3:07 amCrypto Czar David Sacks has confirmed that some big announcements are coming in the US crypto policy ahead. President Donald Trump signed an executive order last month asking Sacks and his team to review the possibility of Bitcoin reserve. Since then, the inter-agency Working Group has become active in working on different regulatory requirements with the US SEC and CFTC, coordinating joint efforts.
US Crypto Policy Under Coordinated Efforts, Says David Sacks
With crypto regulations taking center stage in Wahington, concerns about potential overlap among key policymaking groups are surfacing. The SEC’s crypto task force, the CFTC’s pilot program, the Presidential Working Group, and Congress’s Bicameral Working Group for Digital Assets, etc have all been in action. However, this has led to a question of whether too many cooks will spoil the show for crypto regulations.
But crypto policy experts said that there’s nothing much to worry about adding that these groups are actively coordinating efforts and working collaboratively. For e.g crypto czar David Sacks associate Bo Hines met with Hester Peirce, head of the SEC’s crypto task force, and Acting CFTC Chair Caroline Pham.
At the same time, industry representatives from the Blockchain Association and Digital Chamber of Commerce have also engaged with the task force on topics ranging from ETF staking to stablecoin regulations. Some of these representatives will also participate in a CFTC-hosted CEO forum while addressing the issue of using tokenized assets and stablecoins as collateral in the futures market. David Sacks confirmed this development stating:
“The inter-agency Working Group on Digital Assets is working well together to implement the President’s agenda. Bo Hines is doing a fantastic job as Executive Director keeping everyone coordinated. Some important announcements are coming soon”.
Additionally, as former agency staffers move into Congressional roles, they are forming closer ties. Representatives French Hill and Bryan Steil affirmed that the House’s Bicameral Working Group for Digital Assets is aligned with Senate counterparts and the Presidential Working Group in drafting legislation.
Key Decision Undertaken By Trump Administration
Following Donald Trump taking charge of the White House, his administration has been quick in introducing pro-crypto measures and reversing some of the wrongs of the previous administration.
Soon after Gary Gensler’s exit following the Trump oath-taking, the U.S. Securities and Exchange Commission (SEC) decided to repeal the controversial SAB 121 accounting rule which prevented banks from working with digital asset firms.
The Federal Deposit Insurance Corporation (FDIC) plans to update its guidelines, enabling U.S. banks to handle crypto assets and provide tokenized deposits without requiring prior regulatory approval.
In the latest development, a U.S. judge has paused the SEC’s lawsuit against Binance for 60 days to allow a new task force to review crypto regulations. A status report is expected by April 14.
The post Crypto Czar David Sacks Teases Major Announcements, What To Expect? appeared first on CoinGape.
15 Feb 2025, 2:47 amA single endorsement from Argentina’s president, Javier Milei, made the Libra token the highlight of the crypto market, but the price soon plummeted 90%. Interestingly, a series of events changed this crypto token from trending to a scam after the insiders entered the market, cashing out $107M. This resulted in the collapse of Argentina coin, leaving investors with massive losses. Let’s discuss.
LIBRA Token Price Meteoric Rise and Sudden 90% Fall
LIBRA was introduced as part of the Viva La Libertad Project, which aims to stimulate Argentina’s economy by funding smaller businesses and startups. Also, Argentina’s president, Milei, publicly endorsed this coin and urged global investors to participate.
This private project will be dedicated to encouraging the growth of the Argentine economy by funding small Argentine businesses and startups, says Milei
Interestingly, Javier Milei’s endorsement pumped the LIBRA token price by 3000% to an ATH of $4.5. Moreover, within hours of launch, it attained a fully diluted valuation of $4.5 billion. Similar mania, such as the TRUMP and MELANIA meme coins, formed around this token and gained global attention. However, like MELANIA and TRUMP’s price crash, LIBRA crashed by 90%.
This crash began with the on-chain analytics revealing that insiders or a few whales control 82% of the LIBRA coin supply. Moreover, the LIBRA team pulled $87 million in USDC and SOL from liquidity and crashed the coin price.
However, that was not all, as insiders soon entered the picture and cashed out $107 million. Although they made $20 million in profits, the remaining holders bore heavy losses.
At present, LIBRA coin trades at $0.2236 after a 90% drop from its prime per Dexscreener. Also, it has a market capitalization and trading volume of $221.3M and $1.13B significantly. This incident has shaped investors’ sentiments around trending cryptos.
Argentina’s President’s U-Turn and Political Fallout
President Milei has taken a U-turn from his endorsement after this controversy. In an X post, Milei claimed he was unaware of LIBRA’s inner workings before admitting his failure to do due diligence and has deleted his earlier tweet.
More importantly, Milei lashed out at his political opponents, indirectly claiming that they manipulated him and pushed him into the scandal.
To the filthy rats of the political caste who want to take advantage of this situation to harm, I want to say that every day they confirm how vile politicians are, and they increase our conviction to kick them in the ass.
However, this is not the first Milei controversy. In 2021, he was caught in a similar situation. He endorsed an alleged Ponzi scheme, CoinX, which promised multiple-fold returns with AI-assisted trading. At that time, investors lost millions, and victims filed lawsuits against Milei.
Now, investors have also lost millions of dollars due to this LIBRA token price crash. Experts claim that almost 100% of non-insiders have lost money on this crypto project. One trader faced a $2 million loss within two hours after spending $2.85M to buy 1.11M LIBRA. However, the LIBRA coin crash reduced its worth to just $781,000.
Is LIBRA Token Price Crash Another Pump-and-Dump?
This incident has sparked serious discussion amid this crypto community, where some have commented that they never trust the president-figure endorsement. Investors’ mindset is turning this way because, before this, the Central African Republic’s CAR token crashed despite reaching a billion valuation.
Additionally, US President Donald Trump’s TRUMP meme coin struggles present another volatile project, leading to investors’ concerns over such a launch. Although Milei has turned his back on the project, experts believe his endorsement has violated Article 265 of Argentina’s Penal Code.
As a result, Milei may be affected legally, as it would be considered market manipulation and the allegedly pump-and-dump scam.
Bottom Line
The meteoric rise and sudden fall of the LIBRA token price are testaments to the dangers of speculative crypto projects. Moreover, endorsement and support from big profiles could impact investors seriously. More than the crash, Argentina’s president’s involvement has turned this situation more serious, as it brought global investors’ attention to the LIBRA coin.
However, this is not the only incident. Other controversial claims revolve around TRUMP, CAR, and Dave Portnoy’s JAILSTOOL crypto coins. Investors must be cautious when trading in the crypto industry, as trends could become disasters.
The post Argentina’s LIBRA Token Price Crashes 90% As Insiders Cash Out $107M appeared first on CoinGape.
15 Feb 2025, 1:33 amXRP price has continued to stay on the investors’ radar lately, as evidenced by the recent advancement in its value. During writing, Ripple’s native asset was up about 8% to hit a weekly high after consolidating between the $2.3 and $2.5 range over the past few weeks. However, the recent surge has left many speculating over the reasons that might have contributed to the recent gains in it.
So, let’s explore some of the key catalysts that may have bolstered the market catalysts.
Why Is XRP Price Rising?
XRP price delivered 8% gains from yesterday and soared to $2.78, with its trading volume rocketing 63% to $8.79 billion. Notably, the crypto has touched a high of $2.83 from a low of $2.58 in just over the last 24 hours, indicating strong market confidence.

Notably, CoinGlass data showed that XRP Futures Open Interest rose 10%, signaling a strong momentum ahead for the crypto. Besides, the Relative Strength Index of 55 also indicates a buying pressure in the market.

Meanwhile, the recent surge in XRP price could be attributed to a flurry of reasons including the broader market sentiment, regulatory shift, and others. Let’s take a tour of the key reasons that might have helped gains in crypto and see how it may perform in the near future.
XRP ETF Gains Momentum: SEC Approval Soon?
Donald Trump’s election win has fueled market sentiment while raising hopes for a pro-crypto regulatory environment in the nation. This is also evident from the recent moves of the US SEC, especially with the formation of the crypto task force.
Amid this, speculations are soaring over a potential XRP ETF approval in the US soon. For context, the US SEC has recently acknowledged XRP ETF filings from 21Shares, sparking market discussions. Besides, it also follows a similar move, the SEC acknowledging Grayscale’s Dogecoin and XRP ETF filings earlier this week.
This reflects a regulatory shift in the US, especially from what it was under Gary Gensler. Besides, it also fueled market sentiment, with many seeing these advancements as a key step for a likely XRP ETF approval in the US.
Meanwhile, if approved, it could significantly boost the crypto’s appeal to investors, while fueling its adoption. Having said that, it appears that these recent developments have acted as major catalysts for boosting the XRP price today.
US Reserve Speculation Fuels Market Sentiment
The US appears to be considering a Crypto Strategic Reserve instead of its prior commitment to a reserve asset based on only Bitcoin. While these rumors have weighed on the BTC maximalists, it has fueled speculations over a potential XRP Reserve in the US.
While there is no confirmation, Donald Trump’s collaboration with Ripple has led many to believe that the US administration might consider Ripple’s native asset for the Reserve asset. In addition, rumors over CEO Brad Garlinghouse’s appointment to Trump’s crypto advisory board have further sparked market discussions. Notably, a renowned lawyer in the XRP community has also said that the crypto must hit $5 to qualify for the US Reserve asset, which has further bolstered market sentiment.
Ripple Vs SEC Lawsuit Conclusion: What To Expect?
The latest XRP price surge could be also due to the soaring discussions over the Ripple Vs SEC case. According to recent market developments, the US SEC might drop or dismiss the long-running legal battle soon. Notably, legal expert Jeremy Hogan recently said that the Ripple lawsuit might conclude even before the XRP ETF approval, which has further sparked market interest.
Simultaneously, the US SEC’s recent stance on the crypto cases has bolstered market confidence. Recently, the US SEC has asked for a 28-day extension period in the Coinbase lawsuit. In a recent filing, the SEC requested this extension while mentioning that the newly formed crypto task force might help in resolving the legal battle. This also led many to speculate a dismissal or settlement in the ongoing XRP lawsuit soon.
Besides, top lawyers also hinted that the US SEC might be delaying the cases before it is waiting for the new US SEC chair, likely Paul Atkins, to join. According to the experts, the US SEC might start dropping the crypto cases once Atkins takes the Chair within the first half of the year.
What’s Next For XRP Price?
The recent surge in XRP price has left many questioning about the future of the coin. Notably, in a recent analysis, a top market expert Dark Defender shared a bullish forecast for Ripple’s native asset, predicting a surge to $5.85.
As XRP nears the $2.80 level, Defender expects it to break the $2.90 barrier and proceed to the critical Fibonacci level of $5.85. The Relative Strength Index (RSI) has formed a Golden Cross, indicating a bullish trend. The expert has set short-term targets at $2.90, $5.85, and $8.03, with support levels at $2.44 and $2.33.
Simultaneously, in a recent analysis, another expert EGRAG CRYPTO said that if the crypto records a strong close above $2.75, the next target will be at $2.94. Once these levels are breached, the asset will proceed towards the $3.22 and $3.40 mark.
Echoing a similar sentiment, renowned analyst Ali Martinez said that if XRP price holds above the $2.3 mark, it could eventually hit the $3 mark. Considering these analyses and predictions, it appears that the crypto is likely to hit the $3 mark soon with its long-term target at $8.
The post Here’s Why XRP Price Skyrockets Today; What’s Next? appeared first on CoinGape.
15 Feb 2025, 12:51 amAgainst the backdrop of a broader crypto market recovery sentiment brewing, Floki price remains much eyed by investors as renowned crypto analysts forecast a bullish outlook for the token. Notably, market experts ‘Ali Martinez’ and ‘Bluntz’ have recently predicted that the dog-themed meme coin awaits a massive price breakout in the coming days. These bullish projections are primarily attributed to technical patterns on the price chart.
Top Analysts Predict Floki Price Breakout Looms
Crypto market analyst Ali Martinez has conveyed in an X post on February 15 that Floki price looks ready for a rebound, although the key target remains $0.000042. This statement, hinting that price gains for the meme coin await, echoed a market buzz primarily mirroring optimism amid a bullish crypto landscape as the week closes. Although the $0.000042 level is marked as a key support, the token currently trades considerably above this level.

Further, renowned market expert Bluntz took to X, spotlighting a couple of strong technicals for the meme token. The analyst reveals that the asset’s price chart shows a ‘nice ascending triangle’ pattern, indicating that buyers are pushing to cross the current resistance. Given this resistance is breached, the meme coin could see remarkable price gains ahead.

Also, the ascending triangle formation follows a bullish divergence setup that flags the potential for further upside action, per the analyst. Overall, these optimistic Floki predictions promptly gained significant traction as the broader crypto market showed potential for further gains.
Crypto Market Reflects Recovery Sentiment
It’s worth taking into account the broader crypto prices upswing on Saturday despite the macroeconomic heat. While Bitcoin held around $98K, meme coins embarked on a significant rising action. DOGE pumped over 4% to the $0.27 level, whereas SHIB and PEPE also traded dominantly in the green. In turn, even Floki saw an upside action, further garnering investor enthusiasm amid the bullish predictions.
FLOKI Price Action Today
At the time of reporting, FLOKI token’s price gained roughly 2% and is currently trading at $0.00009871. The coin’s 24-hour low and high were $0.00009702 and $0.0001046, respectively. Trading volume for the asset jumped 23.17% to $163.1 million, aligning with the rising intraday movement.
Further, even the coin’s futures OI jumped 2% to $17.44 million, per Coinglass data. Also, the derivatives volume surged nearly 19% to $26.92 million. Altogether, the derivatives market data indicated a heightened investor appetite for the asset. This has added to optimistic market sentiments surrounding the token’s future price movements, in line with the abovementioned predictions.
The post Floki Price Gearing Up For Massive Rally; Analysts Hint At Looming Breakout appeared first on CoinGape.
15 Feb 2025, 12:41 amDeFi giant XRP price has successfully caught the tailwinds after the SEC signaled that it may be dropping the Ripple lawsuit. This has pumped the Ripple price by more than 12% in the last 24 hours.
Since this price movement is insulated from Bitcoin’s price action, investors should start picking the best altcoins to capitalize on this situation.
Chances are High for SEC to Drop the Ripple Lawsuit
The battle between Ripple and the Securities and Exchange Commission has been going on for years. However, the time has come to bury the hatchet and let XRP not be considered a security anymore. While the talk of the SEC dropping the lawsuit has been going on since last year, the signals have now gotten stronger with the SEC willing to acknowledge NYSE’s application to list Grayscale’s XRP ETF.
NEW: There it is — The SEC just acknowledged @Grayscale & @NYSE’s 19b-4 filing to list an XRP ETF
(this was mostly expected but officially means the clock will start soon for this and Dogecoin) pic.twitter.com/IQgTqPiiOe
— James Seyffart (@JSeyff) February 13, 2025
In a tweet, James Seyffart argued that the old SEC would not have even acknowledged the application, which means there is a chance for the Ripple lawsuit to be over.
3 Altcoins to Capitalize on XRP’s Gains
The move by the Securities and Exchange Commission won’t only impact the XRP price, but it will also signal that regulations are more attuned now for the growth of the cryptocurrency market. This new era has brought the following three altcoins to the forefront.
Jupiter (JUP)
While XRP price surged, the native crypto of the Solana-based decentralized exchange, Jupiter, JUP, has experienced a surge of more than 12% over the last 24 hours. This is the result of almost a 91% increase in its trading volume. The market capitalization of this token is currently $2.47 billion.

While JUP’s value is still 26% lower than what it was able to achieve in late January of this year, the way its price has been pumping, it is possible that it could move up enough to retest its all-time highs, provided there is enough momentum.
if you voted on Jupiter proposals in Q4, we have some good news for you…
Active Staking Rewards (ASR) are now claimable
![]()
link below
pic.twitter.com/I9IwkukhQt
— Jupiter (
,
) (@JupiterExchange) February 13, 2025
The reason for this surge has been attributed to the Active Staking Rewards (ASR) becoming claimable recently. While this would have put more tokens into circulation, the price chart has shown that people are now more interested in other perks that Jupiter could bring.
Further growth is expected since the recent JUP Planetary call got featured on X.
JUP Buyback Details, Meow’s 555 Proposal, ASR, and more | J.U.P Planetary Call #37 https://t.co/5WV0PAwYda
— Jupiter (
,
) (@JupiterExchange) February 13, 2025
DexBoss
Calling itself the “boss of DEXs,” DexBoss (DEBO) describes itself as a cryptocurrency project that could help people rule the decentralized economy. The native crypto of this project, DEBO, is currently on presale and is being offered at a discount price of $0.011. The listing price has been set to $0.0505, which means those who invest early will likely make upwards of a 400% profit once the token goes live on exchanges.

While the listing boost will excite the intraday traders, in the long term, DEBO could gain more ground thanks to its large list of use cases.
These use cases stem from the fact that the exchange is not limiting itself to a simple type of financial product, as futures and options are also covered. Cross-chain compatibility has been implemented to allow the trading of over 2,000+ assets across several blockchains, and comprehensive trading tools that focus on features like stop-loss orders, limit orders, and more.
Official Trump
Though XRP price is pumping, U.S. President’s official meme coin, Official Trump (TRUMP), has been parabolically making a comeback after trading at lows for so long that investors started to call it a “Trump & Dump” project.

The politically charged meme coin has risen by more than 12% over the last 24 hours and has experienced close to a 10% increase in its trading volume. Trading at around the $19 level at the time of writing, TRUMP has a market capitalization of 3.8%.
While ideally this could have been the result of the Official TRUMP meme community, the follower count on X, although large, doesn’t personify the strength of the meme coin community. The biggest aspect we could find was Trump’s rollback of his reciprocal tariffs.
Furthermore, in his meeting with Narendra Modi, India’s Prime Minister, Trump also announced a COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology for the 21st Century) between the two countries.
Conclusion
XRP price’s recent surge signals a potential turning point for crypto markets, as regulatory clarity could drive broader adoption. Investors seeking high-growth opportunities should keep an eye on Jupiter, DexBoss, and Official Trump—each showing strong momentum. While XRP remains a dominant force, these emerging altcoins could offer substantial gains in the evolving market landscape.
The post 3 Altcoins to Buy as XRP Price Pumps by More than 12% appeared first on CoinGape.
14 Feb 2025, 11:04 pmEthereum price will likely embark on a parabolic rally after months of lackluster performance as Solana (SOL) ecosystem meme coins become extractive, where only insiders make money. Can the ETH price hit $10K as investors speculate on Solana’s implosion?
Ethereum Price Revival Closer As Investors Speculate Solana’s Implosion as Meme Coins Become Extractive
With meme coin mania hitting peak levels, Solana has become the go-to blockchain for launching meme coins. SOL’s value received a massive boost in 2024 and early 2025 due to the meme coin hype and Solana being the only competitor to Ethereum. Lately, the developments surrounding nation-states and top influencers launching meme coins that almost always crash 80% to 90% have caused a bad rep to the Solana ecosystem, which many suggest could lead to an implosion. Under such circumstances, Ethereum’s popularity will skyrocket. Can this push ETH’s value to hit $10K?
Popular Coinbase supporter CBDuck added,
“Another 87M extracted out of solana ecosystem. At this point, I don’t think ETH builders are worried, they are just patiently waiting for this imbalance of economical output vs. extraction to implode.”
Another influencer, Lexaprotrader, said Solana and its ecosystem might be “headed to zero now.”
“Three extremely extractive launches in a row. I can’t imagine a more bearish series of events. We basically have the leaders of the ecosystem acting like Sahil on steroids.”
MoneyLord, a user on Twitter, also noted a similar take, saying that “Solana” was becoming an “extraction chain.” According to the investor, Solana “has no future.”
With such bearish sentiments from investors and many investors losing money within a few minutes or hours, this Solana meme coin meta will likely end soon. X user with screenname ‘Palis’ added that the only way the meme coin meta would end is if the Solana ecosystem gets more project launches like Libra, where the “rotation rugs” are “swift, violent and extractive as possible.” According to Palsi,
“We need every single public market participant who buys to lose, ALL of the gains to go to insiders. If we have anymore big launches like this, I hope they’re even *more* violent and *more* extractive Zero PNL screenshots on the timeline, zero profits anywhere to be heard of, zero long term copium narrative like Trump, only pain and suffering and devastation. This is the only way this meta ends.”
The Solana ecosystem faces this dark and bearish fate that hints at capital and investor attention rotating to Ethereum. With Ethereum’s gas fees almost comparable to Solana’s, ETH might flourish again. Will this bullish phase push Ethereum price to end its uninspiring performance streak and kickstart a parabolic rally to $10K?
Can ETH Hit $10K As Solana Investor Confidence Dampens?
Ethereum price has been consolidating in a multi-year symmetrical triangle setup since late 2022. The February 3 crash failed to breach the triangle’s lower trendline. Instead, ETH is receiving support from this structure and will likely bounce higher, attempting a breakout.
Ethereum’s symmetrical triangle setup was formed as the price produced lower highs and higher lows since late 2022. Connecting trend lines with the swing highs and lows shows a compressing trend with volatility declining. As the price reaches the triangle’s apex, it breaks out, leading to a volatile move.
Considering the above outlook, Ethereum price would attempt a bullish breakout from the symmetrical triangle. A conservative target for this setup is 77.61%, obtained by measuring the triangle’s height and adding it to the breakout point. On the other hand, a liberal outlook would note an Ethereum price forecast of an 184% rally from the breakout point of $3,500, which projects a target of $10,000.
The post Can Ethereum Price Hit $10K As Investors Speculate on Solana’s Implosion? appeared first on CoinGape.
14 Feb 2025, 11:00 pmDogecoin price gained 3% on Friday ETF speculation and shifting regulatory sentiment fuel investor optimism for further bullish action. Polymarket users are pricing in a 22% chance that DOGE ETF approval sparking new all time highs in Q1 2025.
Dogecoin (DOGE) Extends February Rally as SEC Acknowledges Grayscale ETF Filings
Dogecoin (DOGE) action has been on an uptrend in recent months amid shifting political dynamics in the US. Notably, Elon Musk’s deepening ties with Donald Trump’s administration and the newly-established D.O.G.E. department have reignited investor interest in the memecoin. The bullish momentum strengthened on Friday after the U.S. Securities and Exchange Commission (SEC) formally acknowledged Grayscale’s spot ETF filings for XRP and Dogecoin.

While the acknowledgment does not indicate immediate approval, it marks a departure from the SEC’s historically rigid stance on altcoin ETFs. Under previous leadership, such applications were routinely dismissed or withdrawn under regulatory pressure. The agency’s willingness to engage in discussions about DOGE and XRP ETFs suggests a shifting regulatory landscape that could pave the way for broader altcoin adoption.
“This is a good sign for altcoins. In the past, these assets were told to withdraw immediately after filing. The fact that they remain on the table slightly increases our already optimistic odds of approval.”
- Bloomberg Intelligence ETF analyst, Eric Balchunas via X.com, Feb 15, 2025.
As widely expected, DOGE price reacted positively to the news, rising 3% to break above the $0.29 level for the first time in 10-day dating back to Feb 4 . DOGE’s 3% price gains has been relatively muted, compared to XRP which rose 7% on a similar news catalyst. However, other market indicators suggest Dogecoin traders are anticipating further gains.
Polymarket Traders Anticipate ETF Approval Could Trigger DOGE All-Time High by June 2025
Following the SEC’s acknowledgment of Grayscale’s DOGE ETF application, Dogecoin’s price jumped 3%, fueling speculation that an ETF approval could drive new record highs. While DOGE currently trades at $0.28, prediction market data suggests that traders expect much higher price levels in 2025.
On Polymarket, a crypto-based prediction platform, traders are now assigning a 22% probability that Dogecoin will reach a new all-time high (above $0.73) by June 30, 2025. This probability is up significantly from earlier in the year, reflecting growing optimism around ETF approvals and increasing institutional interest in memecoins.

The trading activity mirrors trends seen in Bitcoin markets before its spot ETF approval. In late 2023, BTC was priced around $30,000, and many traders bet on a six-figure breakout post-ETF approval. The subsequent rally to $50,000 in early 2024 validated these predictions. If Dogecoin follows a similar trajectory, ETF-driven speculation could propel DOGE toward $0.50 and beyond before mid-2025.
As of now, DOGE remains in a consolidation phase, with key resistance levels at $0.30 and $0.35. A breakout above these levels, combined with further regulatory clarity, could set the stage for an all-time high retest later this year
Dogecoin Price Forecast: Close Above $0.32 Could Spark Further Gains
Dogecoin price forecast charts show that the memecoin has gained 15.88% in the past week, rising from $0.24 to a high of $0.2832, with bullish momentum building above the lower Bollinger Band at $0.2183. The price action has reclaimed the Hull Moving Average (HMA) at $0.2745, signaling a potential trend shift. If DOGE sustains its position above this level, buyers could push for a test of the mid-Bollinger Band at $0.2799, aligning with the upper boundary of the descending channel.

A decisive breakout above the midline resistance could drive DOGE toward $0.32, which marks a key psychological and technical level. Beyond this threshold, the upper Bollinger Band at $0.3416 would become the next target. If DOGE closes above $0.32, bullish continuation toward $0.35 and beyond becomes likely. The cumulative volume delta (CVD) has turned positive, confirming growing buy-side pressure, further supporting an upside bias.
Conversely, failure to hold above the HMA may see DOGE retrace toward $0.27, potentially retesting the lower Bollinger Band at $0.2183. A drop below $0.21 would invalidate the bullish structure, exposing DOGE to a deeper correction.
The post Dogecoin Price Forecast: Polymarket Traders Bet 22% Chance of New DOGE All-Time High as SEC Hints at ETF Approval appeared first on CoinGape.
14 Feb 2025, 9:51 pmThe crypto market on Saturday again garnered investor attention across the globe, with coins mainly illustrating rising price trajectories. Bitcoin (BTC) price traded near the $98K level on February 15, whereas Ethereum (ETH), Solana (SOL), and XRP prices pumped 1%-10%. Notably, even the meme coin market has mirrored a bullish action, with the particular sector’s market cap soaring 6.5% to $75.66 billion.
Here’s a brief report on some of the most trending coins for the day and how they are delivering across the market.
Crypto Market On February 15: BTC & Altcoins Show Signs Of Recovery
Despite macroeconomic heat, the global cryptocurrency market cap jumped 1.8% intraday, reaching $3.26 trillion. Further, even the global market volume saw a 5% increase to $107.9 billion. In turn, traders and investors remain optimistic amid a renewed bullish movement in the market.
BTC & ETH Gain Over 1%
BTC price witnessed an uptick of slightly over 1% in the past 24 hours, reaching $97,839. The coin’s intraday bottom and peak were $96,342.81 and $98,819.47, respectively. Notably, BTC recorded $38.57 million worth of liquidations in the past 24 hours, with $25.45 million in short.
Simultaneously, ETH price also increased by 1% intraday and is currently at $2,725. The crypto’s 24-hour low and high were $2,680.03 and $2,790.02, respectively. Ethereum recorded slightly over $27 million worth of liquidations over the past day, with $14.53 million in short.
XRP Price Soars 10%
XRP price skyshot nearly 10% in the past 24 hours, now trading at $2.81. The coin’s intraday bottom and peak were $2.54 and $2.83, respectively. Notably, the Ripple Labs-backed asset sees a phenomenal rising trajectory as an XRP ETF seems to be imminent. CoinGape recently reported that the U.S. SEC acknowledged 21Shares XRP ETF filing right after Grayscale’s.
Solana Price Jumps 2%
SOL price witnessed an uptick of nearly 2% as of press time, reaching $198. The coin’s 24-hour low and peak were $195.04 and $205.13, respectively. Solana currently trades in sync with the broader cryptocurrency market’s rising movement.
Meme Crypto Market Reflects Highly Bullish Action
Simultaneously, meme coins have stolen the spotlight on Saturday with remarkable price gains. Dogecoin (DOGE) price saw a pump of over 7% intraday, reaching $0.2808. Further, even Shiba Inu (SHIB) surged over 3% to $0.00001695. Pepe Coin (PEPE) witnessed gains worth nearly 5% and exchanged hands at $0.00001032.
Moreover, the recent hot buzz of the dog-themed meme coin community, CZ’s dog-named token BROCCOLI’s price surged 347% to $0.06676 amid rising crypto whale accumulations.
Top Crypto Market Gainers Today
MANTRA (OM)
Price: $7.66
24-Hour Gains: +36%
Notably, OM price also hit a new ATH intraday at $7.89. The token soars in tandem with a 55% surge in its futures OI, reaching $647.11 million, per Coinglass data.
Official TRUMP (TRUMP)
Price: $21.98
24-Hour Gains: +34%
The TRUMP meme coin also pumps alongside a 38% increase in its futures OI to $700.44 million, underscoring heightened market interest in the asset amid broader trends.
Dogwifhat (WIF)
Price: $0.7085
24-Hour Gains: +15%
WIF price also surged against the backdrop of a 17% increase in its futures OI to $243.04 million.
Top Crypto Market Losers Today
PancakeSwap (CAKE)
Price: $2.50
24-Hour Loss: -10%
Bitget Token (BGB)
Price: $5.30
24-Hour Loss: -6%
Onycoin (XCN)
Price: $0.02195
24-Hour Loss: -5%
In conclusion, despite macroeconomic events such as Trump’s new tariffs and U.S. CPI & PPI data putting pressure on the crypto market, today’s bullish trajectory solidifies optimism over future movements.
Meanwhile, another event unfolded within the market, sparking concerns among investors globally. Argentinan President’s Libra meme coin saw its inception, thereafter losing phenomenal market value and presenting traders with losses. Thus, the token is speculated to be a rug pull project amid unclear tokenomics.
The post Crypto Market Today (Feb 15): BTC Near $98K, XRP Up 10%, Meme Coins Pump Hard appeared first on CoinGape.
14 Feb 2025, 8:56 pmCrypto analyst Dark Defender has predicted that the XRP price could soon rally to a new all-time high (ATH) of $5. The analyst revealed a bullish pattern that had formed for XRP, which showed that the crypto could reach this price target and rally higher.
How The XRP Price Will Reach A New ATH Of $5
In an X post, crypto analyst Dark Defender predicted that the XRP price will reach a new ATH of $5. He remarked that after eliminating the $2.90 level, XRP could proceed to the critical Fibonacci level of $5.85.
The analyst also revealed that XRP’s Relative Strength Index (RSI) has the golden cross, which he claimed is bullish. He outlined the short-term targets for XRP, which include $2.90, $5.85, and $8.03. Dark Defender added that $2.44 and $2.33 are support levels for the crypto.
The analyst’s accompanying chart showed that XRP could hit this $5 price target sometime in March, after which it would rally to the $8 mark. Dark Defender had previously predicted that the crypto could hit $8 as long as it reclaims the $3 price level, which remains a crucial breakeven point.
Meanwhile, crypto analyst CasiTrades warned market participants to watch out for the $2.67 and $2.95 resistance levels, which are critical to XRP’s reaching a new ATH. Further, crypto analyst Mikybull Crypto noted that the crypto was bouncing off and asserted that $4 should be the next level, which would also mark a new ATH for XRP.
Another Bullish Formation For The Crypto
In an X post, crypto analyst Egrag Crypto highlighted another bullish XRP price pattern. He remarked that XRP is now eyeing the ascending triangle and added that a close above $2.75 could lead to a positive move.
According to Egrag Crypto, the target for XRP is $3.40. He asserted that closing above this level is key for a new ATH. Meanwhile, although he didn’t give much detail, the analyst also alluded to a familiar pattern that he claimed is emerging for XRP.
Egrag Crypto remarked that he is still analyzing this recurring pattern. However, he added that he is amazed at how it is unfolding with such “coherence and synergy to previous patterns.” It is worth mentioning that the analyst recently predicted that XRP could reach $110 in the next market cycle. For this cycle, he predicted that the crypto could top at around $13.
Meanwhile, it’s also worth mentioning that XRP price gained nearly 10% intraday to reach $2.78. Its 24-hour low and high were $2.54 and $2.83, respectively.
Ripple Whales Are Making Their Moves
Amid the projected surge for the XRP price, Ripple whales have been making their moves as they look to position for this price surge. Whale Alert data shows that a Whale recently moved 60 million XRP ($163.7 million) from an unknown wallet to another unknown wallet.
Meanwhile, as CoinGape reported, these whales also moved 430 million coins. Ripple was at the center of one of the transactions, as the firm transferred 300 million coins from its wallet to an unknown wallet.
The post Analyst Reveals How The XRP Price Will Hit New ATH Of $5 appeared first on CoinGape.
14 Feb 2025, 7:30 pmCoinbase Vs SEC Lawsuit: The U.S. Securities and Exchange Commission (SEC) has requested a 28-day extension in its legal case against Coinbase. The request was made in a court filing on Friday, where the SEC mentioned that its newly formed crypto task force could help resolve the case.
This move has raised speculation about a possible settlement between the regulator and the cryptocurrency exchange.
US SEC Seeks 28-Day Delay in Coinbase Lawsuit
The agency’s request for a four week extension in the Coinbase Vs SEC lawsuit was filed in a federal appeals court, where the crypto exchange had earlier appealed a district court ruling.
Judge Katherine Polk Failla previously ruled that the SEC had a valid case against Coinbase for allegedly offering unregistered securities. Coinbase then sought the appeals court’s opinion on how securities laws apply to digital assets.
The SEC stated that the crypto task force, led by Acting Chair Mark Uyeda and Commissioner Hester Peirce, could influence the case’s outcome.
“The crypto task force’s work may affect and could facilitate the potential resolution of both the underlying district court proceeding and potential appellate review, conserving judicial resources,” the SEC said in its filing.
The commission asked for additional time to prepare its response to Coinbase’s appeal.
Ongoing Crypto Cases and Possible Settlements
The Coinbase Vs SEC Lawsuit request for delay is the second case where the SEC has requested an extension within the same week.
Earlier, the regulator and Binance jointly requested a 60-day stay in their case, stating that it could help in reaching a resolution. The judge in the Binance case approved the request.
The SEC’s latest move has led to discussions about whether the agency is reconsidering its approach to cryptocurrency regulation. The legal battle with Coinbase is one of the most high-profile cases in the crypto industry, and any potential settlement could set a precedent for how digital asset platforms operate under U.S. securities laws.
ETF Store President Breaks Silence on SEC’s Move
Following the SEC’s filing, some industry leaders expressed optimism about the possibility of a resolution. Nate Geraci, president of the ETF Store, wrote on X that “crypto regulation by enforcement is officially dead.” He also stated that the SEC is “laying the groundwork” to end the lawsuit, calling it “huge news.”
The crypto regulation by enforcement is associated with the previous US SEC chair Gary Gensler, however under acting chair Mark Uyeda, pro crypto stances have been on the rise including staking integration into crypto ETPs.
Concurrently, Ripple CEO Brad Garlinghouse met with lawmakers on Friday to discuss cryptocurrency regulations. After the meeting, he shared a positive outlook on future regulatory policies. He suggested that bipartisan support could lead to clear guidelines for the industry which may lead to a settlement in the Ripple vs SEC lawsuit.
The post Is Coinbase Vs SEC Lawsuit Ending? US SEC Seeks 28-Day Extension appeared first on CoinGape.
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