The XRP price remained consolidated within a tight range for over a couple of years, while a rise of over 380% after the breakout attracted huge liquidity. The volume then surged by over $22 billion from the levels around $1 billion, hinting towards an extensive participation of the bulls. Unfortunately, the levels quickly dropped soon …
Pi Network’s one of the biggest challenges currently is the huge gap between its Global Consensus Value (GCV) and the real market price. While GCV values 1 Pi at a whopping $314,159, the actual market price is only around $1 or less. Pi Network stands out with its dual value system, but this unique setup …
In the cryptocurrency market, June is Q2’s last month, and many are having high hopes. Many are predicting that with rising optimistic factors for the market, soon the top crypto and altcoins are predicted to experience significant movement this week. Several altcoins are showing promising upside potential. Keep reading to know what our top choices …
Solana is one of the top-performing altcoins in recent times, which is feared to have entered a crucial technical phase as it consolidates above a key support level. After correcting from its May highs near $176, the SOL price seems to have found a strong demand zone between $147 and $150, a level that has …
The Cardano (ADA) price is navigating a consolidation phase as it trades around $0.662 after bouncing between $0.654 and $0.678 over the past 24 hours. The crypto has pulled back nearly 10% from its April highs, yet is showing early signs of a potential reversal supported by other external factors. The ADA price broke down …
The crypto space saw a blend of subtle calm and sudden spikes today. Bitcoin (BTC) held its ground at around $105,420.95 today, while Ethereum traded just below $2,500, at around $2,485. Although the bulls are trying very hard to maintain the bullish trend, market sentiment continues to remain bearish due to the sluggish behavior of …
Pi Network members are becoming increasingly agitated after they found zero balances of their tokens in their wallets. They went through KYC verifications and switched to mainnet as directed. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says However, numerous users find nothing in their accounts. The problem has caused a wave of complaints on the internet and a call for concrete explanations. Users Report Missing Pi Balances According to community reports, hundreds of posts show zero tokens even after following every step. Some users say they waited days. Others say they’ve waited weeks. All of them finished KYC and locked in their accounts on mainnet. Yet their wallets still read “0.00 Pi.” The lack of visible tokens has left many feeling shut out. Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it #Pinetwork Oh my god. pic.twitter.com/FBQiWAPtwF — HaiFeng Chen (@haifeng8283) June 5, 2025 Wallet Confusion Deepens Concern Based on reports, some accounts now link to more than one wallet address. That has users scratching their heads. One person found two wallets under the same profile. Another spotted three. It’s raising questions over how safe the system is. Users are worried they might lose tokens or fall into a trap. Foundation Moves 277 Million Pi Coins Blockchain data shows that the Pi Foundation’s wallet ending in “ODM” transferred 276,500,000 Pi coins recently. A withdrawal of 7,380,000 Pi by the same address happened today. According to on-chain records, weekly withdrawals of large amounts have taken place from OKX exchange. The purpose of these moves remains unexplained by the Pi Core Team. Community Demands Clear Answers Community members note it’s been three months without a detailed update from the project’s leaders. They want dates, explanations, and plans. Some posts urge the team to post a public timeline. Others demand live Q&A sessions. The calls are loud enough to push the topic onto the trending list on social media. Team Issues Wallet Safety Tips Pi Network’s support channels recently posted a list of wallet safety tips. They discussed good practices for passwords and how to identify phishing. But they failed to address why tokens are concealed. The tips also failed to discuss the sudden emergence of numerous wallets per user. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger What Happens Next Based on user feedback, the project will likely face pressure in the coming days. Some community members say they will pause mining until they see their balances. Others say they’ll shift their attention to rival projects. Nothing has been confirmed by the Pi Core Team beyond the safety note. It remains unclear when users will see their Pi tokens or receive a full breakdown of those massive transfers. The situation will be one to watch as the network works to rebuild trust. Featured image from Unsplash, chart from TradingView
Ethereum’s recent price action on the 4-hour chart has led to the formation of a classic Head and Shoulders pattern that opens up the possibility of a deeper correction. After a relatively stable period around the $2,500 zone, Ethereum broke below a neckline support level as last week drew to a close. This raises the question of whether a bearish continuation is already in motion for the Ethereum price or if bulls still have a shot at regaining momentum in the new week. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Head & Shoulders Pattern Confirmed After Breakdown Below $2,480 The Head and Shoulders pattern, one of the most recognizable reversal formations in technical analysis, is now clearly visible on Ethereum’s 4-hour candlestick chart. This chart and the technical outlook were first shared on the TradingView platform by crypto analyst MelikaTrader94. The structure includes a left shoulder, a prominent head peaking above $2,700, and a right shoulder that topped near $2,650. The neckline, drawn around $2,480, was breached during Ethereum’s recent pullback to $2,380. This, in turn, shifted the short-term outlook toward the bearish side. After the break, Ethereum attempted to reclaim lost ground and is currently retesting the neckline area. This retest around $2,500 is significant, as a failure to push back above this level significantly would likely validate the bearish setup and cause the Ethereum price to reverse downwards toward the next support zone. According to the outlook from analyst MelikaTrader94, the price target from this Head and Shoulders breakdown before any notable rebound upward can occur lies between $2,200 and $2,250. Chart Image From TradingView: MelikaTrader94 Bulls Must Reclaim $2,650 To Invalidate Bearish Setup A confluence of factors supports the $2,200 region as a likely landing zone. Not only is this level consistent with the measured move of the Head and Shoulders pattern, but it also aligns with an order block on May 9 during Ethereum’s rally above $2,000 at the time. This adds further technical relevance to the $2,200 to $2,250 range acting as a support zone. However, the situation is not fully bearish yet. The path forward is clear but narrow for Ethereum bulls. The first step to invalidate the bearish setup is to reclaim the neckline around $2,500 decisively. Beyond that, breaking back above the right shoulder level around $2,650 would invalidate the Head and Shoulders pattern, and another pattern will most likely come into play. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger A successful bullish reclaim would not only nullify the bearish pattern but could also revive sentiment for another retest of the $2,700 to $2,800 zone, which corresponds to the peak of the head in the recently formed pattern. Until such a recovery occurs, the Ethereum price can quickly reverse downwards at any time. At the time of writing, Ethereum is trading at $2,510. Featured image from Unsplash, chart from TradingView
Technical analysis of Dogecoin’s price action shows that Dogecoin bulls are currently working hard to register a break above the $0.2 resistance price level. However, beyond the immediate battle at the $0.20 resistance, a broader technical perspective presents a far more interesting possibility of Dogecoin reaching new all-time highs very soon. Specifically, the technical analysis of Dogecoin’s monthly candlestick timeframe chart indicates that its price is currently in the formation of a rally between June and July 2025. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger Analyst Spots Recurring 3-Month Uptick, 5-Month Pullback Formation A technical analysis of Dogecoin’s monthly candlestick chart, first shared by crypto analyst Trader Tardigrade on the social media platform X, identifies a fascinating recurring pattern for the meme coin’s price. According to the analyst, Dogecoin has now completed two price cycles since late 2023, each consisting of a 3-month pump followed by a 5-month pullback. This rhythmic pattern first played out between December 2023 and August 2024. Dogecoin experienced a strong price surge from December to February, followed by a prolonged pullback that lasted from March to July. It followed a similar trajectory between August 2024 up until recently in May 2025, where three months of bullish momentum were followed by five months of bearish price action. The last monthly candlestick helped to confirm this setup, especially after May ended with a positive 11.7% close from its open price. As such, the next outlook is the continuation of this rally in June 2025. Each of the previous 3-month rallies has produced notable upside, with the most recent cycle in 2024 pushing Dogecoin’s price from below $0.08 to a multi-year high around $0.48 in just three months. If this cyclical behavior continues, Dogecoin could be gearing up for a comparable bullish leg in June and July, which would eventually cause it to break into new all-time highs. Chart Image From X: Trader Tardigrade Dogecoin To Repeat History With June/July Rally The notion that history could repeat itself is not new to crypto traders, but in Dogecoin’s case, the visual alignment of price action over time is hard to ignore. Keeping this possibility in mind, a repeat of the previous rally in Q4 2024 will be enough to send the Dogecoin price above resistance levels at $0.22, $0.3, and finally at $0.48. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Notably, crypto analyst Trader Tardigrade projected a run-up to $0.3 in June. A successful breach above this level could confirm the start of the next bullish cycle for Dogecoin, and Trader Tardigrade projected a peak price above $0.75 in July 2025. At the time of writing, Dogecoin is trading at $0.184, with a price increase of 0.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView
XRP is currently showing signs of vulnerability as its recent price action is becoming increasingly bearish. After attempting to reclaim upside momentum above $ 2.60 in May, the cryptocurrency has struggled to maintain this run, and its price action over the past few days has brought it close to losing the $2.10 price level. Notably, the price action has resulted in the formation of a head and shoulders pattern on the daily candlestick chart. This might be the final straw that finally sends the XRP price plummeting below $2. Related Reading: Bitcoin Scarcity May Spark Explosive Surge, Bank Study Shows XRP Breaks Head And Shoulders Neckline As identified by a crypto analyst on the social media platform X, XRP has now printed a classic head and shoulders formation, with clearly defined symmetry between the left shoulder, head, and right shoulder. The head and shoulders formation began taking shape in late April, when the price climbed to $2.26 to become the left shoulder of the pattern. In early to mid-May, XRP surged above $2.60 to create the head of the formation and what appeared at the time to be a resumption of strong bullish momentum. The rally lost steam soon after reaching that May peak, and the price began to retreat once again. By June 3, XRP made another attempt to push higher, reaching $2.27 in what is the formation of the right shoulder. However, this push wasn’t enough, and the ensuing price action has seen sellers gradually fighting for control. The head and shoulders pattern, which is often associated with trend reversals, became more concerning once XRP broke below the neckline around the $2.18 level to reach as low as $2.07 on July 6. Interestingly, the breakdown below the neckline was accompanied by increased volume, which provided additional confirmation of the bearish signal. EMA Rejections For XRP: What’s Next? Now that XRP has broken beneath the neckline, the $2.18 to $2.20 zone is beginning to flip into a firm resistance barrier for any attempt at recovery. The daily candlestick chart shows XRP continuing to trade below both the 9-day EMA and the 50-day SMA, which currently stand at $2.1877 and $2.2649 respectively. Despite a modest recovery over the past 24 hours, XRP has repeatedly failed to break back above the 9-day EMA since the neckline breakdown, showing persistent weakness in the short-term structure. As long as XRP is trapped beneath the neckline and the EMA/SMA resistance cluster, the prevailing structure continues to favor a downward extension. Based on the head and shoulders setup, a measured move from the neckline breakdown projects a decline toward the $1.85 to $1.80 range. Related Reading: Bitcoin Network Activity Booming Despite A Quiet Market—Data At the time of writing, XRP now finds itself trading at the neckline resistance again at $2.18 after a 2.6% increase in the past 24 hours from $2.13. However, the strength of this bounce is questionable, as it has occurred alongside a sharp 48.14% drop in trading volume. The next 24 hours will be important, as price behavior around the $2.18 to $2.20 range could determine whether XRP resumes its descent and break below $2. Featured image from Unsplash, chart from TradingView
According to social media buzz, the growing clash between Elon Musk and US President Donald Trump has sent ripples through the crypto world. Musk’s public swipe at a recent spending bill kicked things off. Then came Trump’s warning to yank Musk’s government contracts. It got messy fast. And now, some believe XRP could come out on top. Related Reading: Bitcoin Network Activity Booming Despite A Quiet Market—Data Elon Musk-Trump Feud Spurs Crypto Talk Musk took to Twitter on June 4 to slam what he called reckless government spending. His post warned of “serious economic risks.” Not long after, Trump fired back. He threatened to pull subsidies and contracts tied to Tesla. That response sent Tesla’s stock tumbling. Investors watched $150 billion in market value vanish in a matter of hours. Market Moves And Price Swings Based on reports, Bitcoin slid more than 5% following the news. It dropped to a low of $100,550 before finding a bit of footing near $102,400. XRP wasn’t spared either. It fell alongside other major coins, though the exact drop varied across exchanges. Traders saw quick declines, then a modest rebound as the dust settled. I believe @elonmusk will do anything to make @Ripple $XRP as a chosen one and use it on @x while knowing that @EricTrump, @DonaldJTrumpJr, and @realDonaldTrump will watch @worldlibertyfi and @bitcoin crashing in front of their eyes. Right, @elonmusk? — Joshua Dalton (@J9Dalton) June 5, 2025 XRP Community Weighs In Joshua Dalton, who founded tech services firm TRIBLU, stirred the pot with a bold claim. He suggested Musk might choose XRP as the main currency for X’s upcoming payment system, X Money. Dalton argued that Musk “will do anything” to make XRP the go-to token. He tagged Ripple, Musk, US President Trump, and Trump’s sons in a single post. That move framed the drama as more than just politics—it became a showdown of crypto loyalties. Technical Fit For X Money XRP provides quicker settlement and reduced fees than Bitcoin. In 2021, Musk suspended BTC payments for Tesla due to high energy consumption and centralized mining concerns. That move proved he’s not afraid to change course when a coin isn’t aligned with his objectives. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger In October 2024, Musk even referenced XRP in a viral video. He spoke of crypto like XRP potentially resisting central control, but he did not go so far as to make a full endorsement. With X Money scheduled to roll out later in 2025, XRP’s architecture for cross-border transfers could mirror what Musk is looking to create. Some analysts point out real hurdles. Ripple still holds a large chunk of XRP, and US regulators are watching closely. Any big move would need legal green lights and deep liquidity on exchanges. But for now, the idea of an “everything app” powered by XRP keeps popping up in crypto chats. Featured image from Shutterstock, chart from TradingView
Following the news, Pi Coin has dropped around 4% in the last 24 hours, now hovering just above the $0.60 mark. While it briefly surged to $1.70 in mid-May amid hype over a major Pi Network announcement, the rally faded even before the news went live. Since then, Pi has retraced nearly all gains, reflecting …
As political and crypto narratives continue to intersect, the Trump family’s crypto ambitions are once again making headlines. Following a heated dispute over an unauthorized Official TRUMP wallet, Eric Trump has stepped in to clarify the Trump family’s official stance. Besides, the price of this popular token continues to struggle under bearish technical pressure. Now …
Bitcoin price has recovered from intraday lows and surpassed the $104,000 mark after the US and China reached an agreement to launch a new round of trade talks. Both US President Donald Trump and Chinese President Xi Jinping confirmed the news in a phone call earlier today. Trump said on Truth Social that the meeting …
Cardano has managed to find temporary support above the $0.6 mark, a level where buyers have consistently stepped in to defend the price from further losses. However, despite this, the broader price structure remains bearish, and the ADA price continues to struggle beneath key resistance levels. Here’s a closer look at what the charts are …
Ripple recently moved over 230 million XRP, valued at around $498 million, to an unknown wallet, sparking excitement across the crypto space. The transaction was flagged by Whale Alert, with many speculating it could be a strategic transfer by Ripple or a massive whale move. While the destination wallet remains unidentified, the sheer size of …
The SUI price triggered a strong reversal before the daily close, pushing the levels back within the bullish zone. The token had entered a phase of tightening price action, hinting at a potential breakout or breakdown. In the times when the broader market sentiments remained uncertain, the current reversal presents a compelling case for the …
Dogecoin took a hard hit this week as tensions flared between Elon Musk and US President Donald Trump. Prices slid sharply, and red numbers dominated the market. Traders who had been riding the hype found themselves on the losing end. It was a week many will remember for how politics and memes intersected in unexpected ways. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Musk And Trump Clash According to public posts, Elon Musk officially left the Department of Government Efficiency (DOGE) on Thursday. That move came after he criticized Trump’s spending bill. He had been co-leading that department since late 2024. Their back-and-forth heated up after Trump said he was “very disappointed” in Musk. ????TRUMP: “I’m very disappointed with Elon. I’ve helped him a lot. He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem & he only developed the problem when he found out we’re going to cut EV mandate” pic.twitter.com/aeCcmCAODQ — DogeDesigner (@cb_doge) June 5, 2025 In response, Musk claimed Trump would not have won the election without his support. Then Trump called Musk “CRAZY” and threatened to cancel Tesla and SpaceX contracts. Musk fired back on X with, “Go ahead, make my day.” He even warned he might decommission SpaceX’s Dragon spacecraft. Musk Mentions Epstein Documents Based on posts on X, Musk also said that files about Jeffrey Epstein’s case have stayed secret because Trump’s name appears in them. That claim added another layer to the feud. It wasn’t just about spending anymore. Now there was an allegation tying the US President to sealed Epstein investigations. Trump replied that he would pull any contracts with Musk’s companies. Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT! — Elon Musk (@elonmusk) June 5, 2025 Dogecoin Price Plunge Based on reports, Dogecoin fell about 11% on Thursday alone. Over the past week, it was down 16% from its recent highs. Traders pointed to Musk’s political exit as a key factor. Many still see Dogecoin as “the people’s crypto” because of Musk’s early support. But without his backing in that government role, sentiment soured quickly. It’s a coin that has no real asset behind it, so any shift in hype can send prices tumbling. A drop of this size is rare, yet it felt inevitable once the Musk-Trump feud spilled into public view. Tesla Shares Slide Elon Musk’s companies did not escape the fallout. Tesla stock closed down 13% on Thursday. That tumble came after Trump signaled he would pull federal contracts from any company owned by Musk. Investors feared lost revenue and stiffer regulatory oversight. Tesla shares had been riding high this year, but angry tweets from Trump were enough to shake confidence. Even a short phrase on X can move markets—especially when it involves a figure as polarizing as Trump or Musk. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Crypto Market Liquidations Meanwhile, the broader crypto market also felt a jolt. According to Coinglass data, total liquidations reached $982 million in a single day. Of that, long liquidations—bets on rising prices—totaled $881 million. Short positions, or bets expecting prices to fall, saw losses of $100 million. That level of liquidation is striking, and it showed how quickly nerves can fray when big personalities clash. Bitcoin and many altcoins slid alongside Dogecoin, creating a chain reaction of forced sell-offs. Featured image from Allison Robbert and Saul Loeb/AFP, chart from TradingView
Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on Ethereum for security and settlements. Whenever the ETH price rises, confidence in the broader network increases, often boosting demand for Layer 2 solutions due to scalability needs. Conversely, falling ETH prices can reduce activity and investor interest across the ecosystem, …
Pi Coin is currently trading at $0.6149, down 5% in the last 24 hours. It has dropped 62% from its 2025 high and is down 80% from its all-time peak. Every day, millions of new Pi tokens are being unlocked, which is having a negative effect on price. Pi Coin Struggles Below Key Averages Currently, …
SKATE, a new altcoin powering a multi-VM blockchain infrastructure, is making headlines after Binance officially announced its listing. The token will debut on Binance Alpha and Binance Futures on June 9, 2025—and the price is already up by over 33% in pre-market trading. Let’s break down the details behind this hot crypto launch. Binance to …
2025 has been a rollercoaster year for Ethereum. After plunging 45.3% in Q1, ETH rebounded with a 34.9% gain this quarter, including a staggering 41.1% surge in May—the highest monthly return of the year. But June has started on a quieter note. So far, ETH is down 2.61%, and market momentum appears weak. Still, a …
Fartcoin made headlines this week after a sharp 14% rally following its surprise inclusion in Coinbase’s official listing roadmap. With the trading volumes spiking over 100% in the past 24 hours, the market reaction was swift and enthusiastic. But beyond the initial excitement lies a key question: Is this the beginning of a sustainable bullish …
Fartcoin is back in the spotlight! The joke-themed token jumped 12% in just one day after Coinbase added it to its listing roadmap. This doesn’t mean it’s listed yet, but it’s a strong hint, and usually, tokens on the roadmap go live within a few weeks. Traders are already betting it will follow the same …
The crypto market has witnessed a significant downturn today, with the total market capitalization dropping by 2.93% to $3.21 trillion. In contrast, trading volumes have surged by 39.75%, reaching $144.4 billion, suggesting a wave of panic selling or forced exits. Amidst this volatility, crypto ETF outflows recorded a sizable $267.1 million withdrawal. Surprisingly, the Fear …
Pi Network’s GCV has become one of the most discussed topics in the community lately. Some believe it is the key to massive wealth, while others call it pure hype. What’s really going on? Let us break it down. The term GCV in the Pi Network community stands for Global Consensus Value, an idea introduced …
XRP is currently down by more than 5% and is trading at $2.06 at the time of writing. The price of XRP is once again following the lead of Bitcoin, a pattern that has been seen time and again in the crypto market. As Bitcoin experiences a pullback, most altcoins, including XRP, tend to react …
Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow but steady opening to cryptocurrencies. According to market insiders, these new contracts track the price of the BlackRock Bitcoin ETF, which has gathered over $72 billion in assets. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Trades will be priced in US dollars per lot, while settlements will happen in Russian rubles. This setup lets local traders tap into Bitcoin’s price swings without touching foreign crypto platforms. Quarterly Contracts Linked To IBIT These Bitcoin futures will come out every three months, with the first batch due to expire in September 2025. Based on reports, only qualified investors will be allowed to trade on the MOEX. That means big banks, funds, and other approved financial groups can take part. Ordinary investors won’t get in on these deals. The Bank of Russia gave the green light in May 2025 for such products, but it still warns most firms to steer clear of direct crypto deals. The idea seems to be to let big players handle the risk in a controlled way. Local Settlements Keep Risk In Rubles Moscow Exchange decided to price the contracts in US dollars. However, when it’s time to settle, everything happens in rubles. This approach protects Russia from sudden swings in foreign markets. A trader can lock in a deal based on Bitcoin’s value in dollars, yet get paid in their home currency. It’s a setup that keeps money inside Russia even as it ties to a global crypto product. Some analysts see this as a smart middle ground. It lets Russia join the international cryptocurrency scene but without depending on overseas platforms. ???? Moscow Stock Exchange Launches #Bitcoin Futures Contracts will only be available to qualified investors, with the futures tied to the value of the iShares Bitcoin Trust ETF, quoted in US dollars, and settled in Russian rubles. (TASS) The launch follows Sberbank’s approval… pic.twitter.com/wMTRlK2Y0y — RT_India (@RT_India_news) June 4, 2025 Bank Of Russia’s Cautious Stance Behind the scenes, the central bank is still cautious. It approved crypto-linked derivatives for qualified investors, but it hasn’t opened the door for everyone. Most banks and investment firms are told not to put their clients into direct Bitcoin trades. Instead, they can offer tools like these futures if they qualify. This reflects a watchful stance on digital assets. Authorities acknowledge the lure of big profits, but they also want to avoid big losses. By keeping access limited, they hope to keep any trouble contained. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Sberbank’s New Bitcoin-Linked Bonds Meanwhile, Sberbank, the country’s biggest bank, is working on its own crypto-based product. Soon, select clients will be able to buy structured bonds tied to Bitcoin’s price. These bonds will also trade in rubles and won’t require a crypto wallet. That way, people can bet on Bitcoin without opening accounts on foreign sites. Featured image from Lonely Planet, chart from TradingView
Three publicly traded companies are moving to hold XRP as part of their cash stash, putting real money behind their crypto bets. Webus International wants to set aside $300 million in XRP. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge VivoPower plans to use roughly $121 million. Wellgistics Health has earmarked $50 million. This marks a shift in how some firms think about keeping reserves, and it could change how they handle payments down the road. Webus International Plans Huge Reserve According to filings with the US Securities and Exchange Commission, Webus International aims to raise $300 million through non-equity funding. The company will tap its existing cash, credit lines backed by institutions, and support from shareholders. Companies are exploring the XRP treasury strategy: – Webus International: $300M – VivoPower: $121M – Wellgistics: $50M pic.twitter.com/C9rldXDdDG — Messari (@MessariCrypto) June 4, 2025 Once the money is in hand, Webus intends to buy XRP and hold it as part of its treasury. The plan comes with a partner: Samara Alpha Management. Webus says the altcoin will help the firm with global payment services. They think it can move value quickly across borders, and this treasury could back that. VivoPower’s XRP Ambition Based on reports, VivoPower is setting aside about $121 million to build its own XRP stash. The public announcement highlights a recent private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. Most of the $121 million raised will go straight into the coin. VivoPower even wants to rebrand itself as the world’s first company focused on XRP. That’s a bold goal for a firm listed on Nasdaq. If everything goes to plan, XRP would play a big role in how VivoPower manages money and transactions. Wellgistics Health Joins Trend Wellgistics Health, a healthcare company you might not expect to dive into cryptocurrency, has its own $50 million set aside for XRP. The cash came in last month and is meant for PX (purchase and hold XRP) and to use XRP for real-time payments. Wellgistics says it wants to cut out delays and fees that come with old‐school payment methods. By sending and receiving XRP, the company believes it can move money faster when it pays vendors or gets paid by customers. It’s a sign that even outside tech or finance, firms see value in holding crypto. Related Reading: Bitcoin Scarcity May Spark Explosive Surge, Bank Study Shows Growing Interest Among Firms This trio isn’t alone. In December, Worksport said it would buy both XRP and Bitcoin, using 10% of its operating cash to build reserves. More recently, Ault Capital Group pledged $10 million to XRP this year to boost its move into financial services. On top of that, the US government mentioned XRP as one of the assets it might add to a digital asset stockpile. That’s a signal to private companies that holding XRP is worth a look. Featured image from Unsplash, chart from TradingView
Solana is pulling back into key support levels, as the selling volume is causing the price to head towards the crucial support close to $140. The SOL price action shows a correction following a rejected top and may now be approaching the base of the prior demand. The drop below $151 support, which is a …