Price Prediction

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Michael Saylor: Bitcoin’s winter is over; institutional and sovereign adoption could fuel the next uptrend

Gate News message, April 25 — Michael Saylor, co-founder of MicroStrategy, said "winter's over" as Bitcoin climbed to approximately $78,000, signaling a shift in market sentiment. According to analyst Mati Greenspan, recent market moves since the flash crash have been corrections within a broader bull market, with Bitcoin's bottom now in place. Greenspan believes the next leg of gains will be driven by "sovereign adoption," including central banks adding BTC alongside gold to their reserves. Governments and institutions are increasingly incorporating Bitcoin into their holdings. The U.S. government currently holds approximately 300,000 BTC and has discussed establishing a strategic Bitcoin reserve. El Salvador continues making daily purchases, while the U.K. government and several U.S. state pension funds have added Bitcoin to their asset allocations.
BTC0,15%
GateNews·12m ago

XRP Breakout Holds as XRPL Lending Vote Gains Momentum

XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity. Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
XRP0,41%
BTC0,15%
BNB0,39%
CryptoNewsLand·18h ago

Over $189M in Liquidations Across Global Crypto Markets in 24 Hours

Gate News message, April 24 — Over $189 million in liquidations occurred across global crypto futures markets in the past 24 hours, according to Coinglass data. Long positions accounted for $104 million of liquidations, while short positions saw $85.38 million liquidated. Bitcoin saw $30.45 million
BTC0,15%
ETH0,3%
GateNews·04-24 06:53