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Ethereum Price To Hit $5K Before SOL Rally To $300, Arthur Hayes Says

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3 weeks ago

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BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana’s rally to $300. This bold prediction caught investors’ attention, especially after the Bitcoin price neared $89K in the last 24 hours.

Arthur Hayes Bets Big On Ethereum Price: Will ETH Outpace Solana?

The current volatile scenario in the broader crypto market has left many investors wondering about the futures of the top altcoins. However, amid this, Arthur Hayes has caught the investors’ eyes with his latest bold prediction, which has sparked a Solana Vs Ethereum price debate.

Meanwhile, in a recent X post, the BitMEX co-founder said that Ethereum would reach the $5,000 mark before Solana’s likely rally to $300. Notably, this comment has further fueled speculations as it contradicts the current trend recorded in the market. Besides, it also comes after Hayes recently predicted that BTC will hit $110K soon.

Here’s A Quick Overview of Solana & Ethereum Prices

Arthur Hayes’s bold prediction on Ethereum price comes amid a slump in Ether price today. During writing, ETH price was down over 1% and exchanged hands at $2,052, while its one-day volume jumped 25% to $13 billion. Notably, the crypto has touched a 24-hour high and low of $2,101 and $2,038. Besides, a recent ETH price prediction indicates that the crypto might rest near the $2,100 level for this month.

On the other hand, SOL price today was up 0.5% and exchanged hands at $139.4. Notably, a flurry of factors has helped in the recent SOL price gains over the past few days. However, a SOL price prediction hints that the crypto might touch a max price of about $144 by this month’s end.

What’s Next For ETH & SOL?

Despite the volatile scenario recorded in the broader crypto market, experts and recent market trends hint at a potential rally ahead for both assets. For context, renowned expert Ali Martinez noted that Ethereum whale activity has surged recently and they have acquired 470,000 ETH through the prior week.

Ethereum whale activityEthereum whale activity
Source: Ali Martinez, X

Besides, another expert Michael van de Poppe also shared crucial insights on the future trajectory of Ethereum price. In a recent X post, the expert noted that if ETH breaks through the $2100-$2150 level, it could target $2,800 in the near term. Besides, he also predicted a likely “good Q2” for the asset.

Ethereum priceEthereum price
Source: Michael van de Poppe, X

Simultaneously, for SOL price, analyst CryptoCurb said that the crypto is on the verge of a breakout ahead. Echoing a similar sentiment, analyst Satoshi Flipper said that the short-term performance hints at a likely rally for SOL price.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bitcoin & Others Slip As Trump Imposes Up To 245% Tariff On China

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4 hours ago

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April 16, 2025

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Crypto Market Update: The digital assets continue to bleed as the US President Donald Trump slapped up to 245% tariff on Chinese goods. The intensifying trade war and macroeconomic concerns have continued to weigh on the investors’ sentiment, wiping off the previous gains from the digital assets space. Bitcoin price today slipped more than 2% while ETH, XRP, SOL, DOGE, and Cardano prices fell between 4% and 7%.

Crypto Market Update: Trump’s 245% Tariff On China Sparks Concerns

The crypto market slipped today after US President Donald Trump escalated the long-standing trade war with China by imposing a fresh 245% tariff on a wide range of imports. According to a White House document released in the late US hours on Tuesday, the move targets critical minerals and related products, citing national security and economic resilience as key reasons.

Meanwhile, the fact sheet stated that China now faces tariffs of up to 245% following its “retaliatory actions” and lack of cooperation. However, this is not the first volley in the tariff saga, as it continued to dampen the crypto market sentiment over the past few weeks.

Trump’s Tariff On China

For context, it began with a 20% levy, followed by a 34% hike on April 2nd. As tensions grew, Trump raised the rate again, reaching 104%. In response, China imposed an 84% tariff on the US goods.

Trump responded by increasing the US tariff to 125%. However, it has excluded certain tech products from China, which has boosted market sentiment. However, just last week, China matched that level, lifting its tariffs to 125%. The situation escalated dramatically this week with the 245% blanket tariff.

The White House cited the need to protect America’s defense sector, tech advancement, and infrastructure. As per Reuters, China exports over $400 billion worth of goods to the U.S. annually — far more than any other country. The impact of this aggressive move is now spilling over into the financial sector, including the crypto market.

How Crypto Prices Are Performing?

The global crypto market cap lost more than 2.3% from yesterday to $2.63 trillion while its one-day volume fell 6% to $73.89 billion. Besides, the fear and greed index showed a reading of 29, indicating a “Fear” momentum hovering in the market.

Notably, BTC price today fell nearly more than 2.5% to $83,368.76, while ETH price fell about 5% to $1,566. On the other hand, XRP price today was down nearly 4% to $2.04 and SOL price slipped more than 3% to $124.89.

Simultaneously, Cardano price today slipped nearly 7% to $0.6032. In the meme coins segment, DOGE price was down around 5% to $0.1528 and SHIB’s value lost around 3% to $0.00001160.

Bitcoin Whale Continues To Dump Amid Crypto Market Woes

The recent slump in BTC price also comes as Bitcoin whales appear to be losing confidence in the asset’s potential amid an intensifying trade war. Besides, speculations are also high that the whales are booking profit, reflecting a waning risk bet appetite of the investors. The US vs China tensions amid Trump’s tariff policies have weighed on the investors’ sentiment, causing a massive selloff in the market.

Crypto Market: Bitcoin whale DumpCrypto Market: Bitcoin whale Dump
Source: Ali Martinez, X

For context, renowned analyst Ali Martinez recently highlighted the selling trend. In a recent X post, Martinez said “Whales have been taking profits during the recent rally.” According to him, the whales have offloaded more than 29,000 BTC from April 9.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Expert Reveals Current Status Of 9 Ripple ETFs

Published

5 hours ago

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April 16, 2025

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As the Ripple vs SEC lawsuit nears its conclusion, the anticipation surrounding XRP ETFs has reached a fever pitch. With multiple asset managers receiving green light from the US Securities and Exchange Commission (SEC), the community is eagerly awaiting the regulator’s approval.

Offering a closer examination of the XRP ETFs’ current status and their possible approval dates, expert All Things XRP shared a series of X posts. Let’s examine the expert’s views and the spot Ripple ETFs’ possible launch.

Expert Reveals Possible Dates for Spot XRP ETFs Approval

In a recent X post, All Things XRP, a Ripple expert, shared insights into the current status of all nine spot XRP ETFs. Top asset managers Bitwise, Canary Capital, and 21Shares have officially tossed their hats into the XRP ETF arena, with the US SEC acknowledging their applications.

While the XRP community is eagerly awaiting the SEC’s regulatory approval of the Ripple ETFs and their potential launch, All Things XRP revealed crucial dates. All nine XRP ETF applications have cleared the initial hurdle, receiving formal acknowledgment from the US SEC, and are now awaiting further review.

Bitwise, 21Shares, Grayscale & Canary To Receive Approval in May

According to All Things XRP, the ETF applications submitted by prominent asset managers like Bitwise, 21Shares, Grayscale, and Canary Capital are poised to receive approval in May 2025.

Bitwise

Reportedly, investment giant Bitwise applied for its spot XRP ETF on October 2, 2024 and received the SEC’s recognition on February 18, 2025. As cited by the expert, Bitwise is expected to gain regulatory approval for its ETF by May 18, 2025.

Canary Capital

Canary Capital’s XRP ETF application, filed on October 8, 2024, and acknowledged by the SEC on February 18, 2025, is pending approval, with an expected decision date of May 22, 2025.

21Shares

21Shares filed for a Ripple ETF on November 1, 2025. The firm received green light from the US SEC on February 14, 2025. As highlighted by the expert, 21Shares also expects a regulatory approval for its ETF by May 22, 2025.

Grayscale

Investment behemoth Grayscale, which filed to convert its XRP Trust into an exchange-traded fund on January 30, 2025, secured the SEC’s acknowledgement on February 14, 2025. The expert predicted that the SEC will legally approve the platform’s Ripple ETF by May 21, 2025.

Asset Managers Pushing for XRP ETF Approval in July-August

Furthermore, All Things XRP pointed out that asset managers like WisdomTree and CoinShares are expected to gain approval for Ripple ETF launch by August.

WisdomTree

Filed on December 2, 2024, WidsomTree’s XRP ETF received the SEC’s recognition on February 19, 2025. Reportedly, the asset manager will gain regulatory approval for its exchange-traded fund by July 2025.

CoinShares

CoinShares submitted its XRP ETF application on January 24, 2025. The SEC acknowledged the application on February 19, 2025. And now, the platform expects its ETF to be approved by the Commission by August 2025.

All 9 Will Be Approved By December, Says Expert

Moreover, the expert predicts that all nine ETFs will be approved in 2025. This development comes on the heels of increasing whale activity within the XRP community.

ProShares

ProShares filed and received recognition for its ETF on January 17 and March 3, respectively. Further, the ETF is expected to gain SEC’s approval by November 2025.

Volatility Shares

Volatility Shares applied to launch its XRP ETF on March 7, 2025. The SEC recognized it on March 24. The estimated approval date for the ETF falls by December 2025.

Franklin Templeton

Franklin Templeton filed to launch its Ripple ETF on March 11 and gained recognition on March 27. As per the expert insights, the platform is expected to gain regulatory approval for its ETF by December. Recently, NYSE Arca approved the listing and registration of Teucrium’s 2X Long Daily XRP ETF.

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Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ripple Whale Moves $273M As Analyst Predicts XRP Price Crash To $1.90

Published

7 hours ago

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April 16, 2025

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In the latest development within the Ripple community, a whale moved $273 million worth of XRP, contributing to increased activity. If XRP continues to face rejection at the $2.17 mark, its price could drop to $1.90 due to the whale activity and unfavorable technical indicators.

Whale Transfers 131 Million XRP In A Single Transaction

A Ripple whale has created a buzz in the ecosystem following a hefty transfer of XRP between wallets, leaving investors scanning the horizon. According to data from Whale Alerts, the Ripple whale moved 131,000,000 XRP between two wallets in a single transaction.

The market value of the moved XRP stands at a staggering $273 million, stoking speculation for an incoming dump. Per the announcement, the wallets involved in the transfers are unknown as investors scan the horizons for clues about the heightened whale activity.

“131,000,000 XRP (273,945,648 USD) transferred from unknown wallet to unknown wallet,” read the Whale Alert post on X.

There is increased chatter that the wallets may belong to an exchange but details remain under wraps. In this scenario, the transfers are a primer for a massive sale that will adversely affect the XRP price. Typically, whale activity piques the interest of retail traders, stoking panic that leads to sell-offs even without the whale selling their XRP holdings.

Conversely, the whale activity may be an over-the-counter (OTC) transaction without any immediate impact on XRP price. However, investors have their eyes peeled on a chain reaction from other Ripple whales following the latest XRP transfers. A cascading effect is forming after a Ripple whale transferred $63 million in a single transaction barely 12 hours ago.

XRP Price Faces Stern Test At Resistance Level

Amid the rising whale activity in the ecosystem, XRP price faces an uphill climb in the push for higher figures. XRP price has previously attempted to breach the $2.17 mark but a streak of rejections have soured traders sentiments.

Cryptocurrency analyst CasiTrades notes that while $2.17 continues to operate as a ceiling, the XRP price will fall to a new support level. XRP is trading at $2.06 amid speculation that the XRP price has bottomed despite the rejection at the $2.17 level.

According to CasiTrades, XRP price is headed toward $1.90 but a steeper decline to $1.55 remains a grim possibility. CasiTrades predicts that prices will not remain stagnant at the new support levels, noting that the level will be “quickly bought up.”

“But if this rejection continues to play out, support at $1.90 and $1.555 remains firmly in play.

Over the last week, XRP price has gained 15% but whale activity has seen it lose 4% over 24 hours. The XRP ETF buzz and a potential SWIFT integration with Ripple could send XRP price beyond $3.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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