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An XRP whale has drawn attention with a big accumulation of 20 million XRP coins during the recent price dip. Data from Whale Alert shows the transaction happened on the Gemini exchange, that approximates $50.65 million in value. This large-scale acquisition has sparked speculation about its potential impact on XRP’s market movement. The cryptocurrency recently recorded a slight decline, now hovering around the $2.58 mark, which is making people wonder if this purchase signals a price shift is coming soon. The sudden accumulation of XRP has got market discussions going, with investors debating the possible reasons behind the move. One theory is that the whale may be attempting to tighten the available supply of XRP on exchanges, potentially driving demand and influencing price action. Another possibility could be that institutional investors might be positioning themselves for a long-term price increase. Despite the uncertainty surrounding this transaction, historical patterns indicate that large-scale acquisitions often precede significant price movements. However, market participants should remain cautious, as increased whale activity can also contribute to short-term price volatility due to shifting liquidity. Crypto analyst Ali Martinez highlighted a broader trend in XRP accumulation. According to his analysis, whales have purchased 150 million XRP in the past 48 hours, bringing their total holdings to over 6.9 billion XRP. The data, which showcases a surge in whale activity, coincides with fluctuating XRP prices. This growing interest from large investors suggests a potential bullish outlook for XRP in the coming weeks. Related: XRP Price Momentum Intact But Analyst Predicts Short-Term Dip: Details Adding to this, analyst EGRAG CRYPTO provided insights into XRP’s long-term market potential. Using Fibonacci retracement levels, he projected that XRP’s market capitalization could reach $1 trillion in this cycle. He pointed out that XRP’s previous bull run saw a 15,000% increase in market cap, and a move to the Fibonacci 1.618 level could represent just 4% of that movement. By applying conservative estimates, he suggested a possible 600% increase in XRP’s price in the future. As of press time, XRP trades at $2.58 , with a 24-hour trading volume of approximately $4.45 billion. Related: XRP Analysis: Will XRP Make or Break its Current Support? The cryptocurrency has recorded a 0.34% price increase in the past day and an 8.33% gain over the last week. With a circulating supply of 58 billion XRP, its market capitalization stands at roughly $149.66 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on Feb. 18 that it intends to offer $2 billion in convertible senior notes due 2030 in a private offering. The offering, subject to market conditions, will be made to qualified institutional buyers under Rule 144A of the Securities Act. The company explained: Strategy intends to use the net proceeds from this offering for general corporate purposes, including the acquisition of bitcoin and for working capital. These 0% interest-bearing notes will be senior, unsecured obligations of Strategy and will mature on March 1, 2030, unless repurchased, redeemed, or converted earlier. Investors will have the option to convert the notes into cash, shares of Strategy’s class A common stock, or a combination of both, at Strategy’s discretion. Additionally, the company has granted an option to initial purchasers to buy up to an additional $300 million in notes. Strategy reserves the right to redeem the notes for cash, in whole or in part, on or after March 5, 2027, but only if its stock price exceeds 130% of the conversion price for a specified period. Furthermore, noteholders may require Strategy to repurchase the notes in the event of a fundamental corporate change or on March 1, 2028. Microstrategy’s move aligns with its long-term vision as the world’s largest bitcoin treasury company, continuing its strategy of using equity and debt financing to accumulate bitcoin as its primary treasury reserve asset. While maintaining its leadership in AI-powered enterprise analytics, the company believes this approach offers investors diversified exposure to bitcoin through various financial instruments. As of Feb. 17, the company hodls 478,740 BTC acquired for $31.1 billion at $65,033 per bitcoin. Co-founder and Executive Chairman Michael Saylor remains a vocal advocate for bitcoin, projecting that its price could reach $13 million by 2045. His estimates range from a bullish case of $49 million to a bearish scenario of $3 million, reinforcing his view of bitcoin as the ultimate digital asset for long-term value creation. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

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.