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A popular crypto pundit is leaning bullish on the XRP cryptocurrency. Davinci Jeremie has predicted that the price of XRP could see a monster move to the mythical $24 milestone in the next bull market cycle. But it wasn’t always like this: Davinci was once the biggest hater of the XRP cryptocurrency. So how did we get here? Bitcoin Maxi Foresees XRP’s Run To $24 For many years, Davinci Jeremie called XRP a “stablecoin” and predicted the asset’s value would ultimately crash to zero. However, Davinci has seemingly reversed course, projecting a rosy outlook for the crypto he once reviled. Specifically, the pundit suggested that XRP could rocket to as high as $20-$24 during the incoming bull phase in 2025. XRP’s price is trading 32% above its $2.12 low reached on Feb. 3, up 3.8% over the last 24 hours to $2.81. XRP would need to rise by a whopping 754% in order to reach Davinci’s projected $24 price target. The Bitcoin maxi’s newfound optimism has caught the attention of the cryptosphere. Thinking Crypto podcast host Tony Edward, for instance, described it as the “XRP hater capitulation,” stating that it “is beautiful to behold.” Edward noted the increasing number of XRP skeptics now begrudgingly flipping bullish on the third-largest crypto. Other prominent figures that previously dismissed XRP, including crypto billionaire Mike Novogratz, are now “scrambling to buy and cover their tracks so they don’t look like fools,” Edward posited. Heightening Hopes Of ETF Approval Buoy XRP’s Upside Potential XRP’s bullish outlook is further boosted by increasing optimism over the possibility of the U.S. Securities and Exchange Commission approving a spot exchange-traded fund (ETF) tracking the XRP price. The SEC recently acknowledged XRP ETF proposals from Grayscale and 21Shares, despite the ongoing case against Ripple, the issuer of XRP. If approved, these filings would lead to the first XRP ETFs in the country. “Shocked more people aren’t talking about SEC accepting XRP ETF filing… They have open litigation w/ Ripple,” said Nate Geraci, President of the ETF Store in a post on X. “Meanwhile, they just acknowledged filing of ETF holding asset in dispute (they easily could have rejected this filing). Enormous message [in my opinion].” Similarly to Bitcoin and Ethereum ETFs, the greenlighting of XRP products would boost liquidity as ETFs typically provide a regulated investment vehicle for institutional investors to gain exposure without the hassle of holding and storing the crypto themselves. This would dramatically increase demand for XRP, boosting its price due to the influx of institutional money and wider market participation.

Argentine President Javier Milei will visit Washington this week to ask for US President Donald Trump’s help in securing funds from the International Monetary Fund (IMF) while negotiating an exemption from trade tariffs proposed by the Trump administration. The visit comes as Milei faces backlash at home over his “brief” promotion of the memecoin LIBRA, which investors and lawyers claim was a rug pull project. The Argentine leader hopes to meet with former President Trump as part of his push for a new IMF agreement to stabilize his country’s struggling economy. As reported by local news publication Buenos Aires Herald, talks with the IMF began in mid-December last year. The libertarian economist believes the funding will help implement his aggressive economic reforms. However, his diplomatic efforts are being overshadowed by controversy over LIBRA, a cryptocurrency he promoted on social media before quickly deleting the post. LIBRA causes controversy after market collapse Last Friday, Milei posted on X about LIBRA, a token he claimed was designed to “encourage economic growth by funding small businesses and startups.” Market data shows the post briefly fueled the token’s value to reach a two-month high of $0.00184. However, Milei deleted the post within hours, triggering a sharp collapse that led it to an all-time low of $0.0005237, a downtick of over 85%. Financial data site Dexscreener reported that Libra holders lost over $4.5 billion, with some investors like Barstool Sports founder Dave Portnoy calling it one of the biggest “rug pulls” in crypto history. Hayden Davis, the digital entrepreneur behind the memecoin and CEO of Kelsier Ventures, claimed he was an adviser to Milei and had been working with his team on “bigger tokenization projects in Argentina.” According to Bloomberg, Davis said Milei was actively involved in promoting the token but later went back on his endorsement. However, in an official government statement released on Saturday, the Argentine President’s Office denied any affiliation with Davis, stating that Milei was never involved in the token’s creation or promotion. The government went on to say the president’s post was a “routine announcement” and was removed to prevent speculation and limit further financial exposure. Legal complaints and political fallout By Sunday, Argentine lawyers had filed fraud complaints against Milei in criminal court, accusing him of facilitating an “illicit association to commit an indeterminate number of frauds.” Jonatan Baldiviezo, one of the plaintiffs, argued that Milei’s endorsement was “aware of his involvement” in what they see as fraudulent activity. The case is expected to move forward today, with judicial authorities set to assign a judge or refer it to a prosecutor for investigation. Former President Cristina Fernández de Kirchner, a longtime political opponent and heavy critic of Milei, alleged that “thousands who trusted him lost millions, while some made fortunes due to privileged information.” She and other opposition leaders have used the scandal to push for impeachment proceedings. However, with Argentina’s Congress requiring a two-thirds majority to remove a president, such an effort is highly unlikely to succeed. Political analysts have drawn comparisons between Milei’s presidency and Trump’s due to his confrontational political style and deregulation policies. Just like the US president, he has withdrawn Argentina from the World Health Organization while hinting at a potential exit from the Paris climate accord. He was elected in 2023 with over 55% of the votes, defeating Peronist Minister of Economy Sergio Massa, and has helped the South American country’s inflation rate drop to 2.2%, as of January 2025. Opinion polls indicate his approval rating has remained around 47%. Still, the controversy has renewed concerns about Milei’s unpredictable leadership style. Alejandro Catterberg, director of Buenos Aires-based consulting firm Poliarquia, warned that while Argentina is making economic progress, Milei’s head-strong decisions could bring down the public’s confidence in his government. “Macroeconomic balance needs to come along with emotional balance,” Catterberg said. “These types of things create a lot of unnecessary uncertainty.” Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here

The price of Bitcoin might have taken a hit in the last couple of days but a widely-followed crypto strategist has suggested that the biggest cryptocurrency by market cap is poised for extraordinary growth. Gert van Lagen predicted that BTC could hit an astronomical $300,000 in the coming months, at least according to one classic technical pattern. Bitcoin Could Top $270,000-$300,000 In 2025 Dubbed a broadening formation, the bullish megaphone-shaped pattern appears when the price forms higher peaks and lower lows. Historically, a breakout above the megaphone pattern’s upper boundary sparks a meteoric surge. In a recent post on X, crypto analyst Gert van Lagen noted that BTC had broken above the pattern’s upper trendline and has since been consolidating above it. In an accompanying chart, Lagen pinpoints Base 1, Base 2, Base 3, and Base 4 — which represent a step-like accumulation formation that supports a price discovery process before Bitcoin’s explosive rally. Base 1 marked the end of the bear market at the megaphone’s lower boundary. In Base 2, weak hands were shaken out before the flagship crypto recaptured support. Base 3 is characterized by a price expansion phase that confirms the step structure with higher highs. The last phase marks the final consolidation before the breakout, indicating that price discovery has commenced. Lagen also used the Elliott Wave Theory to speculate Bitcoin’s future price trajectory, following consecutive accumulation phases within the megaphone pattern. From his analysis, BTC is currently in Wave 5, which is the final and usually most explosive stage of an impulse wave. Notably, Wave 5 typically increases the length of Wave 3 by between 1.618 times and 2.0 times, corresponding with Fibonacci-based price estimates within the $270,000-300,000 range by 2025-end. Lagen’s analysis mirrors the increasing optimism among crypto insiders, who predict a massive rise in Bitcoin price in the coming years. Ark Invest CEO Cathie Wood, for example, stands by her prediction that BTC will reach $1.5 million by 2030.

The post Bitcoin, ETH, & XRP Price Prediction: A Bullish Week Ahead? appeared first on Coinpedia Fintech News The crypto market continues recording mixed price sentiment this month. This has resulted in the top cryptocurrency tokens recording increased price action this week. With this, Bitcoin, Ethereum, and Ripple coins have experienced a similar price action, highlighting increased price volatility. Considering the latest market trends, whale investors and institutions are micro-monitoring the price action of these crypto tokens. Are you one of many who are planning on investing in these tokens but are concerned about their short-term prediction? Read our article now! Bitcoin (BTC) The price of Bitcoin has lost ~0.5% in 24 hours with a trading volume of $14.257 billion. Notably, it has added ~1% to its portfolio in seven days and has jumped 4.02% this year. Moreover, with a market cap of $1.925 Trillion, it has a market dominance of 59.83%. TradingView: BTC/USDT The Simple Moving Average (SMA) displays a bullish curve in the daily time frame. This indicates an increase in the bullish price action for the Bitcoin price in the market. However, the RSI indicator records a negative outlook, suggesting mixed price sentiment for the largest crypto token this week. If the bulls regain momentum, the price of Bitcoin could prepare to head toward its upper high of $100,000 this week. On the contrary, a bearish reversal could result in it plunging toward its crucial low of $92,000 in the upcoming time. Are you one of many who are planning on investing in BTC tokens but are concerned with questions like, “How high will Bitcoin go?” Read CoinPedia’s latest Bitcoin Price Prediction today! Ethereum (ETH) Despite recording a jump of over 1.75% in seven days, the Ethereum price has plunged 22.84% in the last 30 days and has a Year-to-Date (YTD) return of -18.92%. Further, with a dominance of 10.102%, it has a market cap of $325.637 billion. TradingView: ETH/USDT The EMA 50/200-day records a Death Cross in the Ethereum price chart. On the other hand, the MACD indicator displays a constant rise in the green histogram with its averages recoding a positive action in the daily time frame. This suggests rising uncertainty for the largest altcoin this week. If the market favors the bulls, the price of ETH token could retest its upper resistance level of $3,272. Conversely, a sustained bearish action could pull the price of this altcoin toward its low of $2,530 this month. Wondering whether the ETH price will achieve a new high during the altcoin market this year? Read our latest Ethereum Price Prediction today! Ripple (XRP) The Ripple price has lost 1.12% in 24 hours with a volume of $3.381 billion, a change of -42.09%. On the other hand, it has jumped 12.84% in the last seven days and has a YTD return of +31.63%. With a market cap of $158.287 billion, it has secured the 03rd position in the market. TradingView: XRP/USDT The Relative Strength Index (RSI) continues hovering above the neutral point in the 1D time frame. Moreover, the SMA indicator shows a bullish curve in the Ripple price chart, indicating a positive outlook for the 03th largest cryptocurrency in the market. Suppose, a bullish trend reversal occurs, in that case, the XRP price could retest its upper high of $3.50. On the flip side, if the bears maintain dominance, this could pull the price toward its important support level of $2.50. Curious to understand the possibilities of this altcoin achieving a new ATH this 2025? Read CoinPedia’s latest XRP Price Prediction today! FAQs How much will 1 Bitcoin be worth in 2025? With increased bullish action, the price of BTC token could reach a maximum trading value of $160,000 this year. Is ETH going to boom? If the market favors the bulls, the Ethereum price may achieve a new ATH this altcoin season. Will XRP reach $10 dollars? The Ripple price could achieve this target price by the year 2028 if the bullish sentiment sustains.

The post Top Altcoins to Watch This Week: Binance Coin (BNB), Litecoin (LTC) and XRP Might Rebound Strongly appeared first on Coinpedia Fintech News Last week, the cryptocurrency market was pretty unstable because of the latest inflation reports. This caused prices of many altcoins like BNB, Litecoin, and XRP to correct downward, hovering around dips. Despite this, big investors saw it as a chance to buy more, which could lead to a significant price recovery for these altcoins this week. ETF Related Developments Boost Market Hope Despite the overall market being in a correction mode, recent events around ETFs have made people more interested in a potential rebound in altcoins. Read more: Why Bitcoin Analyst and Influencer PlanB Convert His Bitcoin Into ETFs? This week, XRP became particularly noteworthy after the U.S. Securities and Exchange Commission (SEC) recognized ETF filings by Grayscale and 21Shares for XRP. Additionally, there’s growing excitement about potential ETFs for SOL and DOGE, following the SEC’s positive response to cryptocurrency-backed ETF filings. This has left investors several reasons to witness a rebound in leading altcoin prices this week. Binance Coin (BNB) Price Analysis Binance Coin (BNB) recently saw a drop in buying interest after it couldn’t maintain its momentum above $700. Sellers are now targeting a retest of $650. Currently, BNB is priced at $656, showing a 0.2% decline in the last 24 hours. The BNB/USDT trading pair is eyeing a rise to $689, but it might face strong resistance that could push its price down to $648. With the Relative Strength Index (RSI) at 48, just below neutral, BNB could face a rebound. However, if BNB’s price can break above $689, it might climb towards $725. Conversely, if it drops below $648, the price could fall further to $623. Litecoin (LTC) Price Analysis Litecoin is attempting a strong recovery as it surges toward the high of $137. Though bears are defending resistance levels, LTC price might continue to charge ahead. As of writing, LTC price trades at $133, surging over 3% in the last 24 hours and 25% in the last seven days. If Litecoin price drops below the 20-day EMA, sellers will likely push the LTC/USDT pair down to the key support level at $114. While buyers will attempt to hold this level, if sellers dominate, the price could further decrease to $100. On the other hand, if Litecoin breaks and closes above the resistance zone and surges past $150, it could signal that the bearish pressure has ended. The price could then climb to the much-anticipated milestone of $200. XRP Price Analysis XRP’s recent trading activity, which had been stuck between $2.27 and $2.55, broke upward and is now consolidating below $2.8. The buyers are now working to increase their advantage by keeping the price above the $2.8 consolidation. If they succeed, the XRP/USDT pair might reach the next resistance level at $3.4. Also read: XRP Price Prediction For February 16 However, if the price sharply fails to hold the current momentum, it will indicate that sellers are still influential at higher prices. This could lead to XRP retesting buyers’ patience at $2.5