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May 10, 2025

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The crypto price prediction today, May 10, suggests that most coins are facing a volatile weekend after trade talks between China and the US commenced, with many traders on the sidelines anticipating whether prices will extend their gains or cool off. Much attention is going towards top meme coins like Dogecoin (DOGE), Bonk Coin (BONK), and Floki Inu (FLOKI) that are outperforming the market to determine whether they will sustain their respective price rallies.

Crypto Market Extends Gains Amid US-China Trade Talks

The crypto price prediction today flashes bullish signs as US and Chinese officials meet in Geneva as trade talks kick off discuss tariffs. The two countries have been locked in a trade war for months, which caused notable dips across risk assets like crypto and stocks last month.

Earlier on, the US Commerce Secretary, Howard Lutnick, had said that there were zero chances that the tariffs currently imposed gainst Chinese products will be paused. The official further admitted to a lack of certainty about how long the discussions were going to last.

However, the fact that the two countries are meeting for the first time is fuelling optimism among traders, with many speculating whether crypto assets will extend their price gains and whether the bullish prediction shared by analysts over the past week will play out.

Crypto Price Prediction – Will DOGE, BONK, FLOKI Sustain Gains?

With crypto traders closely watching for the outcome of these trade talks, three top meme coins are standing out and have a bullish technical outlook that will determine whether their price rallies will continue or grow weak. These coins include DOGE, BONK, and FLOKI, which have registered double-digit percentage gains in the last week.

DOGE Price Explodes 12% as Bulls Eye $0.43

Dogecoin (DOGE) price is making impressive gains considering that it ranks as the top gainer among the top ten biggest cryptos at press time. The Dogecoin price prediction is also bullish after it formed a bullish head and shoulders pattern on the daily chart and broke out of an upward sloping resistance. This breakout suggests DOGE price may surge by 42% to $0.43 in the near term.

DOGE/USDT: 1-day Chart

BONK Price Targets $0.00004 as Bottom Pattern Emerges

The one-day chart also shows that the price of BONK may be close to a rally to $0.00004 in the near term after it formed a bullish pattern, specifically a double bottom. BONK has also turned the double-bottom’s resistance into support as the DMI index and the ADX line support a bullish prediction for the crypto token’s price. As bullish factors align, BONK has the potential to surge to as high as $0.000040 in the near term.

BONK/USDT: 1-day Chart

FLOKI Price Tests 200-day EMA Resistance as More Gains Loom

FLOKI price is testing resistance at the 200-day EMA level on its daily chart, and if it can successfully record a decisive close above it, it will confirm that the long-term trend has changed to bullish. This meme coin has also been trading within an ascending parallel channel, and if it can overcome resistance at the upper trendline, it will show a bullish Floki Inu Price prediction that may clear the path for a run-up to January highs of $0.000020.

FLOKI/USDT: 1-day Chart

Therefore, with the ongoing Geneva trade talks between the US and China hanging over the crypto market, DOGE, BONK, and FLOKI prices may record an increase in volatility. However, the technical outlook shows these coins are likely to sustain their recent gains as the talks occur at a time when the overall crypto price prediction is bullish due to positive economic factors.

The post Crypto Price Prediction: Will DOGE, BONK, FLOKI Sustain Rally as US-China Trade Talks Kick-Off appeared first on CoinGape.

Michael Saylor’s MicroStrategy has been a trailblazer in institutional Bitcoin adoption, with its aggressive accumulation strategy serving as a model for many other companies. In a surprising revelation, Coinbase CEO Brian Armstrong disclosed that the company had initially considered emulating MicroStrategy’s Bitcoin investment strategy, only to reject it in favor of a more cautious approach.

One of the prime reasons for Coinbase’s rejection of MicroStrategy’s investment approach was its perceived riskiness. “We made a conscious choice about risk,” stated Armstrong.

Coinbase Rejects MicroStrategy’s Bitcoin Buying Scheme

Coinbase, a top crypto exchange, initially thought of embracing the investment strategies of Michael Saylor’s MicroStrategy, one of the largest holders of Bitcoin. “There were definitely moments over the last 12 years where we thought, man, should we put 80% of our balance sheet into crypto — into Bitcoin specifically,” stated Brian Armstrong.

However, the exchange chose not to follow the scheme, later acknowledging its risky factor. Armstrong disclosed that the company had plans to allocate up to 80% of its balance sheet to Bitcoin but chose not to, fearing it could have jeopardized the firm’s financial stability as a startup. A recent Bloomberg report revealed Coinbase’s bold decision, while the rest of the world praises MicroStrategy.

Reportedly, Coinbase holds a significant amount of cryptocurrency, mostly Bitcoin. The exchange bought $153 million worth of crypto in the first quarter and currently holds $1.3 billion worth of crypto. CFO Alesia Haas posited that the company aims to grow its crypto holdings while avoiding competition with its customers. He stated, “Rest assured, we are not stopping there.”

Bitcoin-Centric Companies Rise

In contrast to Coinbase’s viewpoint, several companies are embracing MicroStrategy’s Bitcoin accumulation strategy. One such prime example is Japan’s Metaplanet, often known as Asia’s MicroStrategy. Recently, Blockstream CEO Adam Back revealed that Metaplanet has flipped MicroStrategy by generating more returns from BTC.

In addition, several Bitcoin miners and small-cap firms adopt MicroStrategy’s Bitcoin investment approach, which includes funding purchases through stock and debt sales. This trend has significantly contributed to the rising adoption of Bitcoin, which, in turn, boosts the BTC price.

The post Coinbase Is Betting Against Michael Saylor’s Bitcoin Playbook; Here’s Why appeared first on CoinGape.

The US Securities and Exchange Commission (SEC) Task Force is all set to host its fourth crypto roundtable on May 12, inviting many key officers, crypto panelists, and commentators.  This will be the second SEC crypto conference with the new chair, Paul Atkins. All these meetings are a significant step towards discussing the key problems and their solutions, but these are just discussions with no concrete results yet. 

5 Things to Know About May 12 SEC Crypto Roundtable

It is the fourth SEC crypto roundtable, titled “Tokenization-Moving Assets Onchain: Where TradFi and DeFi Meet, “ and is all set to take place on May 12, 2025. 

It will be available both online and offline, running between 1 p.m. ET and 5:30 p.m. ET at the SEC Headquarters, Washington, D.C. It is open to the public, and people can visit the site to view in person after registering on the SEC website. People can also watch the live stream on the official SEC website. 

The meeting would start with the opening remarks of Richard B. Gabbert, Chairman, Paul S. Atkins, Commissioners Crenshaw, Uyeda, and the SEC’s Crypto Task Force, led by Hester M. Peirce. 

Hester Peirce emphasized tokenization’s potential to transform financial markets and expressed interest in panelists’ insights on regulatory approaches.

“Tokenization is a technological development that could substantially change many aspects of our financial markets,” said Peirce before adding “I look forward to hearing ideas from our panelists on how the SEC should approach this area.”

In the list of panelists, key crypto representatives like Fidelity, BlackRock, and many others will join the SEC crypto roundtable. Interestingly, BlackRock met the SEC Crypto Task Force recently and had key discussions around tokenization and stakings. 

After this SEC crypto meeting, another one will take place on June 9, according to the SEC meeting schedule. The meeting titled “DeFi and the American Spirit” would mark the end of the roundtable meetings. 

The post 5 Things to Know About the SEC Crypto Roundtable on May 12 appeared first on CoinGape.

Telegram NFT Marketplace:- The broader NFT market appears to be staging a comeback. The total weekly volume has reached over $103 million, up 7% from the prior week.

This rebound has been driven in large part by the highly anticipated Doodles token launch—DOOD went live on Solana on yesterday on May 9. This ended up sparking a 97% surge in Doodles NFT sales in the 24 hours before the airdrop.

Adding to the excitement, Telegram CEO Pavel Durov Telegram Founder Pavel Durov has also announced a major NFT move in the market.

On May 9 via his personal channel, Telegram founder announced the launch of Telegram’s new in-app Gift Marketplace. In Telegram’s NFT-based marketplace, users can buy, sell, and resell rare collectible NFT-styled “Gifts” using Telegram Stars.

Source: Du Rove Channel

How Telegram’s New NFT Marketplace Works

Telegram’s new NFT marketplace is a new in-app marketplace where users can buy and sell special animated “gifts” as NFTs. The marketplace is built on The Open Network (TON) blockchain and uses Telegram’s Stars currency for transactions.

These collectible gift items are implemented as TON-based NFTs, meaning owners have true on-chain ownership and can trade the items outside Telegram.

Telegram’s official blog describes a straightforward trading interface. In this, users can apply advanced search filters to buy and sell a gift.

Once listed, the gift gets a “Sale” label on the profile so that others can see it’s available. Listings can be canceled at any time by tapping Unlist. All trades reportedly settle instantly in Stars – Telegram’s in-app micropayment token, and the blockchain records each gift’s ownership.

While making the announcement, Telegram founder Pavel Durov  also informed that “some gifts initially sold for just a few dollars have already spiked to tens of thousands of dollars”.

Also Read: Doodles Airdrop

Could This Push Give NFTs their Moment

The new Telegram NFT marketplace builds on Telegram’s ongoing Web3 push. Telegram originally developed the TON blockchain (now community-run) and has steadily integrated it into the app.

Telegram’s public statements emphasize that gifts have already been a hit. The official Telegram blog notes that when collectible gift collections launched in January, “some collections sold out in minutes”.

Durov himself reported that “users have acquired more than 20 million Gifts” on Telegram since launch.

Notably, special holiday events drove massive volume. For Valentine’s Day 2025, Telegram released nine limited-edition gift collections (four of which were immediately mintable as NFTs on TON).

Telegram’s move can also serve as a potential catalyst for broader NFT adoption. The broader NFT market has cooled significantly in 2024, with trading volume down roughly 20% year-over-year and platforms like MakersPlace closing.

However, the recent surge in NFT sales and coming up of new marketplaces can drive it further.

Also Read: DOOD Token Price Analysis!

NFT Marketplace in the Past 7 Days

The post Telegram Founder Pavel Durov Makes Big Bet on NFTs! Launches Gift Marketplace appeared first on CoinGape.

Robert Kiyosaki has once again slammed fiat currencies by calling them “fake money” and warning users to move to decentralized assets like Bitcoin, gold, and silver. He shared this message in a post early Saturday, citing former Congressman Ron Paul.

Kiyosaki highlighted Paul’s warning that central banks “fix prices” through interest rate control. He criticized the move, labeling it Marxist central planning, and argued that such systems aim to confiscate wealth and undermine individual liberties.

Robert Kiyosaki Echoes Hard Money Movement

In the tweet, Robert Kiyosaki aligned himself with libertarian voices who oppose central banking. He claimed fake money leads to dishonest systems, including fake accounting, fake statistics, and fake leadership.

He urged his followers not to save or earn in fiat money. Instead, Kiyosaki told them to protect their future by adopting real assets. 

“Get on your own decentralized gold, silver, and Bitcoin standard.”

This stance follows Kiyosaki’s long-standing support of Bitcoin as “people’s money.” He often promotes it as protection against inflation and government overreach.

Freedom, Finance, and the Fed

Kiyosaki warned that central bank policies push society toward socialism and corruption. He claimed these systems are designed to control people by controlling money.

“Don’t be a loser,” he wrote. “Don’t let left-wing academic socialists win. Fight back.”

While critics say Kiyosaki’s tone is alarmist, his message reflects growing support for Bitcoin among financial skeptics. 

Most financial experts are speculating about how much the Bitcoin price will appreciate. Prominent individuals such as Arthur Hayes and Robert Kiyosaki are forecasting BTC to reach $1 million in the not-so-distant future. Such lofty forecasts are coming as concerns grow about economic stability worldwide in the ongoing U.S.-China war. 

And it looks like the U.S. regulators have also started to listen as Robert Kiyosaki pushes for sound money and decentralized finance. For instance, the Federal Reserve just removed strict rules on crypto banking, which also opens the door for wider adoption.

The post Robert Kiyosaki Warns Investors to Get Into Bitcoin, Dump ‘Fake Money’ appeared first on CoinGape.