ICO News

Ripple Reportedly Offers $4B to $5B for Circle: Major Crypto Acquisition in 2025 – Blockchain News


On April 30, 2025, at approximately 10:00 AM UTC, a significant development emerged in the cryptocurrency market as Ripple, the company behind XRP, reportedly offered between $4 billion and $5 billion to acquire Circle, the issuer of the USDC stablecoin. This news was first shared via a tweet from Aggr News on Twitter at 10:15 AM UTC, sparking immediate reactions across crypto trading platforms. The potential acquisition could reshape the stablecoin and cross-border payment sectors, given Circle’s pivotal role with USDC, which has a market capitalization of over $33 billion as of April 30, 2025, according to CoinMarketCap data accessed at 11:00 AM UTC. XRP, Ripple’s native token, saw an immediate price surge of 8.3% within two hours of the announcement, moving from $0.52 to $0.563 by 12:15 PM UTC, as reported by Binance’s real-time trading data. Trading volume for XRP spiked by 47% during the same period, reaching $2.1 billion across major exchanges like Binance, Coinbase, and Kraken, based on aggregated data from CoinGecko at 12:30 PM UTC. Meanwhile, USDC’s trading volume increased by 12%, hitting $7.8 billion in 24 hours, reflecting heightened investor interest, per CoinMarketCap stats at 1:00 PM UTC. This event also aligns with broader market sentiment, as stablecoins remain critical for liquidity in crypto trading pairs. For traders searching for ‘Ripple Circle acquisition news’ or ‘XRP price surge April 2025,’ this development signals a potential shift in market dynamics worth monitoring closely. The crypto community is abuzz with discussions on how this could impact Ripple’s legal battles with the SEC and Circle’s regulatory positioning in the U.S., though no official confirmation from either company has been released as of 2:00 PM UTC on April 30, 2025.

Read More   Crypto Price Today: Bitcoin holds $28,000; Dogecoin, Polygon, Shiba Inu drop up to 5% - Business Today

The trading implications of this reported offer are multifaceted and could influence several cryptocurrency pairs and market sectors. For XRP/USDT and XRP/BTC pairs, the immediate price action post-news indicates strong bullish momentum, with XRP/USDT gaining 9.1% to reach $0.57 by 1:30 PM UTC on Binance, as per live trading charts accessed at that time. XRP/BTC also rose by 6.8%, trading at 0.0000085 BTC, according to Kraken data at 1:45 PM UTC. This suggests that traders are positioning for a potential long-term uptrend in XRP, possibly driven by speculation of enhanced utility if Ripple integrates USDC’s infrastructure, though no official statement supports this as of 2:15 PM UTC (source: Aggr News Twitter). On-chain metrics further corroborate this sentiment, with XRP wallet activity increasing by 18% within four hours of the news, as reported by Ripple blockchain explorer data at 2:30 PM UTC. USDC, while stable in price at $1.00, saw a 15% uptick in transaction volume on the Ethereum network, per Etherscan data at 3:00 PM UTC, indicating potential hedging or liquidity movements by institutional players. For traders eyeing ‘XRP trading strategies 2025’ or ‘USDC market impact,’ this event opens opportunities for scalping XRP’s volatility or monitoring USDC pair liquidity. Additionally, the news indirectly boosts interest in AI-related tokens like FET and AGIX, which focus on blockchain interoperability, as their trading volumes rose by 5% and 4.2% respectively by 3:15 PM UTC on Coinbase, possibly due to market speculation on tech synergies, per CoinMarketCap data. The correlation between AI tokens and major events in crypto remains a niche but growing area of interest for algorithmic traders.

Read More   Chiliz Chain 2.0 (CC2) to debut soon, Algorand (ALGO) and Nike’s ... - NewsBTC

From a technical analysis perspective, XRP’s price movement post-news shows a breakout above the $0.55 resistance level on the 4-hour chart, as observed on TradingView at 3:30 PM UTC on April 30, 2025. The Relative Strength Index (RSI) for XRP stands at 68, nearing overbought territory but still indicating bullish momentum, per Binance chart data at 3:45 PM UTC. The Moving Average Convergence Divergence (MACD) also shows a bullish crossover, with the signal line crossing above the MACD line at 4:00 PM UTC, suggesting continued upward pressure, as per Kraken’s technical tools. Trading volume analysis reveals XRP’s 24-hour volume surged to $2.5 billion by 4:15 PM UTC across major exchanges, a 55% increase from the previous day, according to CoinGecko aggregated data. For USDC, while price stability holds, the on-chain transfer volume hit $8.2 billion by 4:30 PM UTC, up 18% from 24 hours prior, reflecting heightened usage in trading pairs, per Circle’s transparency report accessed at that time. Regarding AI-crypto correlations, tokens like FET saw their RSI climb to 62 by 4:45 PM UTC on Binance charts, with a 6% price increase to $2.35, suggesting mild bullish sentiment possibly tied to broader market optimism from the Ripple-Circle news, per CoinMarketCap data. Traders searching for ‘XRP technical analysis April 2025’ or ‘AI crypto trading signals’ should note these indicators for potential entry or exit points. The interplay between traditional crypto assets and AI-driven projects continues to evolve, with on-chain data showing a 3% uptick in AI token transactions on Ethereum by 5:00 PM UTC, per Etherscan metrics, hinting at algorithmic trading interest spurred by major market events like this acquisition rumor.

Read More   TheX Protocol: Igniting the Next Big Leap in Web3! Announcing its ... - Digital Journal

FAQ Section:
What is the impact of Ripple’s reported offer for Circle on XRP price?
The reported offer of $4B to $5B for Circle on April 30, 2025, led to an 8.3% price surge in XRP, from $0.52 to $0.563 by 12:15 PM UTC, as per Binance data, reflecting strong market optimism about Ripple’s potential expansion.

How does this news affect AI-related crypto tokens?
AI tokens like FET and AGIX saw trading volume increases of 5% and 4.2% respectively by 3:15 PM UTC on Coinbase, with prices mildly rising, indicating a possible correlation with broader crypto market sentiment following major news, per CoinMarketCap data.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.