Market Overview
All Categories
Crypto Calculator
Citigroup Predicts Stablecoin Market to Surge 10x to $2 Trillion by 2030
Citigroup has projected a dramatic rise in the stablecoin market, forecasting that its total market capitalization could soar from nearly $240 billion today to over $2 trillion by 2030. The prediction, outlined in a report released on Thursday , says the growth in adoption would be driven by regulatory developments and increased interest from both financial institutions and the public sector. According to the banking giant, stablecoin supply could reach $1.6 trillion by the end of the decade under its base-case scenario, while a more optimistic outlook places the figure at $3.7 trillion. Citigroup Warns Stablecoin Market Could Stall at $500B Without Regulatory Progress However, Citigroup also cautioned that if regulatory hurdles and integration challenges persist, the market could be limited to just $500 billion. The report comes amid a shifting regulatory landscape in the United States, where President Trump’s pro-crypto administration has renewed momentum for stablecoin legislation. Congress is currently reviewing proposals in both chambers that could pave the way for traditional financial giants, such as Bank of America, to issue U.S. dollar-backed stablecoins. Citigroup noted that clear regulations could significantly boost demand for U.S. Treasuries, positioning stablecoin issuers among the largest holders of government debt by 2030. Citibank report on Digital Dollars (aka dollar stabelcoins). Tons of TLDRs, including page 7 (included here), but Citi now sees $1.6T to $3.5T in dollar stablecoin money supply by 2030. 2025 is the transformative year. https://t.co/0AwH4eciLs pic.twitter.com/0HRyIVK0Pc — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) April 24, 2025 Tether, the leading stablecoin issuer, already holds tens of billions in Treasuries, according to its latest reserves report. While Citigroup acknowledged the transformative potential of stablecoins, it also warned they could disrupt traditional banking through “deposit substitution.” Some banks are reportedly lobbying for stricter regulations to limit which entities can issue stablecoins, aiming to protect their role in the financial system as stablecoin adoption accelerates. Active Stablecoin Wallets Surge Over 50% in One Year As reported, the number of active stablecoin wallets has surged by over 50% in the past year , reflecting growing adoption and engagement within the digital asset ecosystem. More specifically, active stablecoin addresses increased from 19.6 million in February 2024 to 30 million in February 2025, marking a 53% year-on-year growth. Growing institutional adoption, expanding use in payments, and rising integration in decentralized finance (DeFi) has played a key role in the increase in active stablecoin wallets. These factors have made stablecoins a fundamental component of the digital economy, offering liquidity, stability, and accessibility to users worldwide. Beyond active addresses, the total stablecoin supply has also surged. In February 2024, the total supply stood at $138 billion, but by February 2025, it had climbed to $225 billion, reflecting a 63% year-on-year increase. Recently, Federal Reserve Governor Christopher Waller has weighed in on stablecoins , arguing that U.S. dollar-pegged digital assets could strengthen the dollar’s global dominance. Waller claimed that stablecoins already play an important role in the financial ecosystem. The post Citigroup Predicts Stablecoin Market to Surge 10x to $2 Trillion by 2030 appeared first on Cryptonews .
Profit-Taking Surge: Bitcoin Miners and Ethereum Whales Cash Out Amid Price Rallies
TL;DR The crypto market showed impressive signs of resurgence in the past week, but investors might have used these opportunities to dispose of some BTC and ETH holdings. Bitcoin miners started selling, and the same can be said about Ethereum whales and other investors. #Bitcoin $BTC miners locked in over $18.57 million in profits as prices surged past $93,000! pic.twitter.com/ZgXosyJ5WU — Ali (@ali_charts) April 24, 2025 Miners, the backbone of the largest proof-of-work blockchain network, are generally bullish. They tend to hold to their BTC during market rallies. However, they sometimes lock in profits during market uncertainty, especially if they have to cover some costs. Following the massive turbulence experienced in the past several weeks due to Trump’s Trade War, when BTC’s price tumbled to a multi-month low of under $75,000, miners decided to secure some profits after the cryptocurrency added nearly $20,000 since April 9. More specifically, they locked in around $18.6 million in profits as bitcoin jumped above $93,000 earlier this week, said Ali Martinez. The landscape around Ethereum is more dire. As previously reported , many long-term ETH investors, such as Galaxy Digital, had decided to dispose of large portions of their ether holdings. More recent data shared by the same analyst indicates that 305,000 ETH (valued at roughly $540 million at today’s prices) was moved to exchanges within just a week, which is typically a sign for future sales. Additionally, Martinez said Ethereum whales started selling again after the recent trend reversal , offloading more than 63,000 ETH within just two days. In USD terms, this stash equals $110 million. Whales capitalized on the recent price surge, unloading over 63,000 #Ethereum $ETH in the past 48 hours! pic.twitter.com/Y4vf1SzDep — Ali (@ali_charts) April 24, 2025 ETH’s price tumbled at the start of the month to $1,400, thus erasing roughly seven years of gains. It jumped past $1,800 earlier this week, which has allowed these investors to capitalize on the recent price surge. The post Profit-Taking Surge: Bitcoin Miners and Ethereum Whales Cash Out Amid Price Rallies appeared first on CryptoPotato .
Trump’s Feud with the Fed: How Criticizing Powell Could Influence Cryptocurrency Trends
On April 25th, COINOTAG reported on a controversial dialogue between former President Trump and Federal Reserve Chairman Jerome Powell. Notably dubbed the “Fed Whisperer,” Wall Street Journal journalist Nick Timiraos
Ethereum Developers Propose Gas Limit Increase to 150 Million in Fusaka Hard Fork
On April 25, COINOTAG reported that **Ethereum** core developers are deliberating a substantial **increase** in the Gas limit to **150 million** during the upcoming **Fusaka hard fork**. This proposed enhancement,
The Best Ethereum Wallets for Mining and Beyond in 2025
As the Ethereum ecosystem continues to evolve, selecting the right wallet to manage your Ether (ETH) and interact with decentralized applications (dApps), including mining pools, is crucial. Whether you’re actively mining, staking, trading, or simply holding Ether, the security, features, and user-friendliness of your wallet are paramount. This updated guide for 2025 highlights some of … Continue reading "The Best Ethereum Wallets for Mining and Beyond in 2025" The post The Best Ethereum Wallets for Mining and Beyond in 2025 appeared first on Cryptoknowmics-Crypto News and Media Platform .
Citigroup Predicts Stablecoin Market to Surge 10x to $2 Trillion by 2030
Citigroup has projected a dramatic rise in the stablecoin market, forecasting that its total market capitalization could soar from nearly $240 billion today to over $2 trillion by 2030. The prediction, outlined in a report released on Thursday , says the growth in adoption would be driven by regulatory developments and increased interest from both financial institutions and the public sector. According to the banking giant, stablecoin supply could reach $1.6 trillion by the end of the decade under its base-case scenario, while a more optimistic outlook places the figure at $3.7 trillion. Citigroup Warns Stablecoin Market Could Stall at $500B Without Regulatory Progress However, Citigroup also cautioned that if regulatory hurdles and integration challenges persist, the market could be limited to just $500 billion. The report comes amid a shifting regulatory landscape in the United States, where President Trump’s pro-crypto administration has renewed momentum for stablecoin legislation. Congress is currently reviewing proposals in both chambers that could pave the way for traditional financial giants, such as Bank of America, to issue U.S. dollar-backed stablecoins. Citigroup noted that clear regulations could significantly boost demand for U.S. Treasuries, positioning stablecoin issuers among the largest holders of government debt by 2030. Citibank report on Digital Dollars (aka dollar stabelcoins). Tons of TLDRs, including page 7 (included here), but Citi now sees $1.6T to $3.5T in dollar stablecoin money supply by 2030. 2025 is the transformative year. https://t.co/0AwH4eciLs pic.twitter.com/0HRyIVK0Pc — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) April 24, 2025 Tether, the leading stablecoin issuer, already holds tens of billions in Treasuries, according to its latest reserves report. While Citigroup acknowledged the transformative potential of stablecoins, it also warned they could disrupt traditional banking through “deposit substitution.” Some banks are reportedly lobbying for stricter regulations to limit which entities can issue stablecoins, aiming to protect their role in the financial system as stablecoin adoption accelerates. Active Stablecoin Wallets Surge Over 50% in One Year As reported, the number of active stablecoin wallets has surged by over 50% in the past year , reflecting growing adoption and engagement within the digital asset ecosystem. More specifically, active stablecoin addresses increased from 19.6 million in February 2024 to 30 million in February 2025, marking a 53% year-on-year growth. Growing institutional adoption, expanding use in payments, and rising integration in decentralized finance (DeFi) has played a key role in the increase in active stablecoin wallets. These factors have made stablecoins a fundamental component of the digital economy, offering liquidity, stability, and accessibility to users worldwide. Beyond active addresses, the total stablecoin supply has also surged. In February 2024, the total supply stood at $138 billion, but by February 2025, it had climbed to $225 billion, reflecting a 63% year-on-year increase. Recently, Federal Reserve Governor Christopher Waller has weighed in on stablecoins , arguing that U.S. dollar-pegged digital assets could strengthen the dollar’s global dominance. Waller claimed that stablecoins already play an important role in the financial ecosystem. The post Citigroup Predicts Stablecoin Market to Surge 10x to $2 Trillion by 2030 appeared first on Cryptonews .
Profit-Taking Surge: Bitcoin Miners and Ethereum Whales Cash Out Amid Price Rallies
TL;DR The crypto market showed impressive signs of resurgence in the past week, but investors might have used these opportunities to dispose of some BTC and ETH holdings. Bitcoin miners started selling, and the same can be said about Ethereum whales and other investors. #Bitcoin $BTC miners locked in over $18.57 million in profits as prices surged past $93,000! pic.twitter.com/ZgXosyJ5WU — Ali (@ali_charts) April 24, 2025 Miners, the backbone of the largest proof-of-work blockchain network, are generally bullish. They tend to hold to their BTC during market rallies. However, they sometimes lock in profits during market uncertainty, especially if they have to cover some costs. Following the massive turbulence experienced in the past several weeks due to Trump’s Trade War, when BTC’s price tumbled to a multi-month low of under $75,000, miners decided to secure some profits after the cryptocurrency added nearly $20,000 since April 9. More specifically, they locked in around $18.6 million in profits as bitcoin jumped above $93,000 earlier this week, said Ali Martinez. The landscape around Ethereum is more dire. As previously reported , many long-term ETH investors, such as Galaxy Digital, had decided to dispose of large portions of their ether holdings. More recent data shared by the same analyst indicates that 305,000 ETH (valued at roughly $540 million at today’s prices) was moved to exchanges within just a week, which is typically a sign for future sales. Additionally, Martinez said Ethereum whales started selling again after the recent trend reversal , offloading more than 63,000 ETH within just two days. In USD terms, this stash equals $110 million. Whales capitalized on the recent price surge, unloading over 63,000 #Ethereum $ETH in the past 48 hours! pic.twitter.com/Y4vf1SzDep — Ali (@ali_charts) April 24, 2025 ETH’s price tumbled at the start of the month to $1,400, thus erasing roughly seven years of gains. It jumped past $1,800 earlier this week, which has allowed these investors to capitalize on the recent price surge. The post Profit-Taking Surge: Bitcoin Miners and Ethereum Whales Cash Out Amid Price Rallies appeared first on CryptoPotato .
Trump’s Feud with the Fed: How Criticizing Powell Could Influence Cryptocurrency Trends
On April 25th, COINOTAG reported on a controversial dialogue between former President Trump and Federal Reserve Chairman Jerome Powell. Notably dubbed the “Fed Whisperer,” Wall Street Journal journalist Nick Timiraos
Ethereum Developers Propose Gas Limit Increase to 150 Million in Fusaka Hard Fork
On April 25, COINOTAG reported that **Ethereum** core developers are deliberating a substantial **increase** in the Gas limit to **150 million** during the upcoming **Fusaka hard fork**. This proposed enhancement,
The Best Ethereum Wallets for Mining and Beyond in 2025
As the Ethereum ecosystem continues to evolve, selecting the right wallet to manage your Ether (ETH) and interact with decentralized applications (dApps), including mining pools, is crucial. Whether you’re actively mining, staking, trading, or simply holding Ether, the security, features, and user-friendliness of your wallet are paramount. This updated guide for 2025 highlights some of … Continue reading "The Best Ethereum Wallets for Mining and Beyond in 2025" The post The Best Ethereum Wallets for Mining and Beyond in 2025 appeared first on Cryptoknowmics-Crypto News and Media Platform .
Pi Network News Today: New DApps, New Momentum: Pi Network Gears Up Ahead of Consensus 2025
The post Pi Network News Today: New DApps, New Momentum: Pi Network Gears Up Ahead of Consensus 2025 appeared first on Coinpedia Fintech News With Consensus 2025 just weeks away, new Pi Core Team (PCT) updates are drawing attention from the Pi Network community. The team has officially approved a new decentralized app (DApp) called Fruity Pi, and according to community member DR Altcoin , DApps and long-awaited KYB approvals might speed up. What is Fruity Pi? Fruity Pi is a puzzle game where players match fruits and earn rewards. Users can also link their Pi wallets and spend Pi tokens in the game. The Pi Core Team has given it a purple check mark, which means the app has been reviewed and approved. This approval is a big step, as only verified apps are allowed to fully launch and grow within the Pi ecosystem. DR Altcoin believes this move could speed up other pending approvals and finally kickstart delayed KYB (Know Your Business) checks—an important requirement for businesses to launch services on Pi. Major Pi Network Announcement During Consensus 2-25 Event? These updates are happening just before the major Consensus 2025 summit in Toronto. This is one of the biggest events in the crypto space, and many expect the Pi Core Team to be present. With a new DApp approved and a possible wave of more approvals coming, Pi Network might be preparing to show its progress on a global stage. Pi Coin Exchange listing Fading Despite recent progress in the Pi ecosystem, Pi Coin is still facing problems getting listed on major exchanges. HTX was the first to list Pi after its mainnet launch in February 2025, but later removed it. Now, crypto payment service Banxa has also stopped supporting Pi Coin. Even BitMart, which once supported Pi, has paused trading for more than a month, waiting for KYB approvals before moving forward with the 1:1 Pi swap. Meanwhile, top exchanges like Binance and Coinbase have not shown any signs of supporting Pi Coin. Pi coin Price Analysis Pi Coin is facing increasing bearish sentiment, despite the overall crypto market doing well. Pi Coin price today is trading at $0.65 . It has stayed in a tight range between $0.60 and $0.68 over the past two weeks. While there’s been a small price increase in the last 24 hours, the RSI (Relative Strength Index) has dropped below 50, suggesting there’s still pressure on the price.
MagicBlock raises $7.5M to power on-chain games on Solana
MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana. The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko. The round brings MagicBlock’s total funding to $10.5 million, following a $3 million pre-seed round led by a16z CSX in late 2024. The company said the new capital will be used to grow its engineering team and expand infrastructure for developers. MagicBlock is developing a technology called Ephemeral Rollups, which gives apps fast speeds and flexibility without leaving Solana ( SOL ). These rollups allow apps to process actions quickly while still staying connected to Solana’s core features, such as its liquidity and tools. This means developers don’t need to use layer-2 chains or bridges, which often split up user data and make apps harder to use together. “Every developer wants to build on the fastest chain with the deepest liquidity – that’s Solana. But they also want the customizability and real-time performance of a Web2 server. With MagicBlock, they don’t have to choose.” — Andrea Fortugno, MagicBlock co-founder You might also like: Crypto wagers generated over $81b in gaming revenue in 2024 alone despite legal barriers: report The startup is already working with projects like Flash Trade, Supersize, dTelecom, and Jito ( JTO ) to enable real-time trading, gaming, and communication directly on Solana. Instead of splitting states across chains, MagicBlock’s approach allows apps to remain composable while deploying app-specific plugins such as pricing streams and custom sequencing. The raise comes during a slow period for blockchain gaming. According to DappRadar’s Q1 2025 report , web3 gaming raised $91 million, a 71% decrease from Q4 2024. Projects building gaming infrastructure received the majority of the funding. The number of deals increased by 35% despite the decline in overall funding, indicating that investors are still supporting base-layer technologies even as they exercise more caution. MagicBlock’s raise shows there is still a strong appetite for infrastructure that can deliver scalable, on-chain gaming experiences without trade-offs. Read more: ZKcandy announces new Web3 gaming-focused mainnet launch
China to suspend its 125% tariffs on US as central bank injects cash into the economy
China is preparing to roll back its 125% tariffs on certain US imports, including medical equipment, ethane, and aircraft leasing, according to a report from Bloomberg, which cited anonymous sources. The decision is being discussed inside Beijing as both economic pressure and trade friction intensify. Officials involved are also allegedly reviewing a full waiver for tariffs on plane leases, as part of a wider conversation around easing restrictions. This development followed comments made on Thursday by President Donald Trump, who confirmed that members of his administration had been holding meetings with Chinese officials regarding trade. Trump made the statement during a joint press event with Norwegian Prime Minister Jonas Gahr Støre. When asked which officials were involved in the discussions, Trump replied: “It doesn’t matter who ‘they’ is. We may reveal it later, but they had meetings this morning, and we’ve been meeting with China.” PBOC ramps up liquidity with biggest cash injection since 2023 While Trump’s White House pushed trade talks forward, the People’s Bank of China responded to mounting economic stress by injecting 600 billion yuan—about $82.3 billion—into the financial system on Friday using its one-year medium-term lending facility. The move came as a direct counter to the impact of rising US tariffs , which is as high as 145%. After factoring out expiring loans, this means a net increase of 500 billion yuan for April, the highest monthly liquidity boost since December 2023. In a written statement, the central bank said the operation is meant to maintain “ample liquidity” in the system. Wang Qing, chief macro analyst at Golden Credit Rating, said the decision indicates a monetary policy that aims to stay supportive under growing trade pressure. “This is also to ensure liquidity conditions remain ample when the government’s fundraising via special government debt issuances gathers pace,” Wang said. The PBOC had already been facing growing calls for policy loosening. Investors have been demanding stronger support measures as China’s economy faces both external trade hurdles and internal funding needs. The fresh liquidity could help banks handle surging demand for cash during early May holidays and back the launch of special bonds that started this week. Last month, the central bank adjusted how the MLF rate is set. It now allows banks to submit bids at different price points instead of relying on one fixed rate. At the same time, the PBOC has stopped announcing the cost of these one-year loans altogether. These changes are part of a shift toward managing the economy through shorter-term interest rates while maintaining what officials call a “moderately loose” stance. The return of a large-scale MLF injection was unexpected. In recent months, the PBOC had been trying to reduce reliance on the tool, often replacing it with three- to six-month reverse repurchase agreements. But this April, 1.7 trillion yuan worth of reverse repos are set to mature, the largest monthly total since the tool was introduced in October. An update on how the PBOC plans to handle this month’s reverse repo operations is expected at the end of April. Ming Ming, chief economist at Citic Securities, said the MLF move may help reduce pressure from the repo maturities and delay any need for cuts to banks’ reserve requirement ratio. “While the policy significance of MLF has decreased,” Ming said, “it remains a useful tool for the PBOC to inject longer-term liquidity.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Tether, the World's Largest Stablecoin Issuer, Increases Its Stake in Juventus Club! Here Are the Details
Tether, the issuer behind the world’s largest stablecoin USDT, has increased its stake in Juventus Football Club, one of Europe’s most established football institutions, bringing its total stake to over 10%. Tether Signals Deeper Strategic Involvement as It Increases Stake in Juventus to Above 10% Investment arm Tether controls 6.18% of the club's voting rights, cementing its position as a major shareholder in the Italian Serie A giant. Tether first joined Juventus’ shareholders in February when it bought an 8.2% stake, and now it has further expanded its involvement with this latest move earlier this month. “We believe Juventus is uniquely positioned to lead in embracing technology that can enhance fan engagement, digital experiences and financial flexibility both on and off the pitch,” said Tether CEO Paolo Ardoino, emphasizing that the deal is about more than just returns. Tether's growing stake signals a broader ambition to become more involved in Juventus' management and long-term financial strategy. The company also expressed openness to participating in future capital infusions to help strengthen the club's balance sheet and prevent shareholder dilution. Founded in 1897, Juventus has 36 league titles and is considered one of the most successful football clubs in Europe. The investment in Juventus is part of Tether’s expanding portfolio, which includes ventures into artificial intelligence, bitcoin mining and agriculture. The company recently reported $13 billion in profits for 2024, providing significant firepower for further strategic investments. Shares of Juventus (JUVE) rose 2.7% to €3.20 ($3.65) following the news, reflecting growing market confidence in the club's improving financial backing. *This is not investment advice. Continue Reading: Tether, the World's Largest Stablecoin Issuer, Increases Its Stake in Juventus Club! Here Are the Details
Bitcoin Market Faces Supply Squeeze as Institutions and Royals Weigh In
Bitcoin’s supply on cryptocurrency exchanges has dropped to levels not seen in over six years, with data pointing to a sharp rise in institutional and public company accumulation. At the same time, market observers — including Prince Filip Karađorđević of Serbia — are noting signs of potential price suppression that could be delaying Bitcoin’s next major rally. Bitcoin Exchange Reserves Hit Six-Year Low as Corporate Accumulation Surges Post-Election The supply of Bitcoin on cryptocurrency exchanges has plummeted to its lowest level in over six years, according to Fidelity Digital Assets, a sign that long-term holders — especially publicly traded companies — are rapidly accumulating the digital asset. In a post on X, Fidelity revealed that Bitcoin reserves held on exchanges have fallen to approximately 2.6 million BTC — a level not seen since November 2018. More than 425,000 BTC have been withdrawn from exchanges since the start of November, signaling a major supply squeeze that could have implications for price discovery and long-term valuation. “We have seen Bitcoin supply on exchanges dropping due to public company purchases — something we anticipate accelerating in the near future,” Fidelity said. The exodus of coins from centralized platforms is often interpreted as a bullish signal, implying that holders are securing their Bitcoin in cold storage rather than keeping it readily available for sale. This behavior is typically associated with long-term conviction rather than short-term speculation. Strategy Leads the Corporate Bitcoin Charge Fidelity's analysis shows that publicly listed companies have acquired nearly 350,000 BTC over the same period, representing a massive shift in corporate treasury strategies. Dominating this accumulation is Strategy, the business intelligence and software firm co-founded by Bitcoin evangelist Michael Saylor, which has evolved into a de facto Bitcoin investment vehicle. A snapshot of some of Strategy’s Bitcoin purchases over the past six months (Source: Strategy ) Since November, Strategy has acquired 285,980 BTC — a staggering 81% of the total public company purchases during this time frame. The company disclosed its most recent acquisition of 6,556 BTC on April 21, underscoring its aggressive pace and sustained bullish outlook on Bitcoin. Saylor, who stepped down as CEO in 2022 to focus on Bitcoin strategy, has repeatedly stated that the company views Bitcoin as ”digital gold” and a superior treasury reserve asset in an environment of rising fiscal instability and fiat debasement. The corporate accumulation trend is not limited to the United States. Asian companies are also jumping on board, using Bitcoin to diversify reserves and hedge against macroeconomic uncertainty. Japan’s Metaplanet has emerged as a regional leader in Bitcoin adoption, with the firm now holding 5,000 BTC. CEO Simon Gerovich has publicly declared his ambition to double that figure by the end of the year, signaling long-term confidence in the asset’s future. Hong Kong-listed HK Asia Holdings has taken a similar route, announcing plans to raise approximately $8.35 million — a portion of which may be used to bolster its Bitcoin reserves. The move is part of growing momentum among Asia-Pacific firms to incorporate digital assets into their corporate strategies, particularly as inflationary concerns and dollar dominance remain key risk factors in global finance. Institutional Support Grows Post-ETF Approval The decline in exchange reserves and rise in corporate purchases come on the heels of the US Securities and Exchange Commission's historic approval of spot Bitcoin exchange-traded funds (ETFs) in January. Fidelity itself launched the Wise Origin Bitcoin Fund as part of this cohort — a development that has played a crucial role in accelerating institutional acceptance of Bitcoin as a legitimate asset class. Fidelity Digital Assets, the crypto-focused arm of the $5.8 trillion asset manager Fidelity Investments, has long championed the institutionalization of Bitcoin . Established in 2018, Fidelity Digital was among the earliest Wall Street firms to explore crypto custody and trading solutions for professional investors. With more corporate balance sheets being restructured to include Bitcoin and major financial firms offering regulated exposure through ETFs, Bitcoin’s transformation from fringe technology to institutional-grade asset is now well underway. As Bitcoin exchange reserves dwindle and supply tightens, market observers are closely watching how these dynamics will affect the next leg of Bitcoin's price action. With over 350,000 BTC now in corporate hands — and counting — the available float for retail and smaller institutional investors continues to shrink. Should the current trend continue, Bitcoin’s scarcity-driven valuation thesis could gain even more traction, particularly in a macroeconomic environment increasingly characterized by currency debasement, geopolitical volatility, and demand for non-sovereign stores of value. Bitcoin’s “Omega Candle” Theory Gains Traction Amid Market Suppression Concerns and ETF Momentum Meanwhile, Bitcoin’s current price momentum may be deceptively subdued as it prepares for what some in the crypto community are calling an “omega candle” event — a potential parabolic rally that could redefine the digital asset’s value proposition. According to Prince Filip Karađorđević, the hereditary prince of Serbia and Yugoslavia, deliberate price suppression by powerful actors may be holding Bitcoin back in the short term — but not for long. In an April 24 interview with the crypto-focused outlet Simply Bitcoin, Prince Filip expressed his belief that Bitcoin’s price trajectory is being influenced by unseen hands in the market. “People are able to control the market to some extent,” he said. “Maybe that’s what acted on the 2021 market that suppressed its price from jumping high up. We could get that again in 2025, but there will be one point where [Bitcoin’s price] will run away.” The prince remains firmly bullish, emphasizing that Bitcoin is a fundamentally deflationary asset whose value is “always going to rise over time.” Filip’s comments reference the concept of the “omega candle,” a theory first popularized by Bitcoin advocate and Jan3 CEO Samson Mow. Speaking in November 2024, Mow suggested that once Bitcoin surpasses the long-anticipated $100,000 milestone, its price action could enter a new, hyper-volatile regime. “You’ll start to go up by $10,000 a day or drop by $10,000 a day,” Mow said. “And this is the God candle. After that, we’ll start to see omega candles, which are $100,000 increments daily.” While the prediction is dramatic, it resonates with the growing sentiment that Bitcoin could experience a major breakout as structural factors like institutional adoption, monetary policy shifts, and geopolitical instability push investors toward hard assets. Institutional Accumulation Fuels Uptrend Bitcoin’s fundamentals are strengthening, even if short-term price action appears restrained. Over the past week, Bitcoin recovered more than 9%, boosted by inflows into US spot Bitcoin exchange-traded funds (ETFs). According to data from Farside Investors, over $2.2 billion worth of BTC was scooped up by ETFs in just the three days leading up to April 23. Bitcoin ETF inflows (Source: Farside Investors ) Bitfinex analysts believe this trend is in line with Bitcoin’s growing resilience compared to equities and fiat currencies. “Bitcoin is rallying due to a combination of macro relief, strong ETF inflows, and growing expectations that the Fed will maintain policy flexibility amid softening economic data,” the exchange noted. These ETFs — approved in early 2024 — have significantly bolstered Bitcoin’s credibility among institutional investors, positioning it as both a hedge and a growth asset in an increasingly volatile economic environment. Despite the bullish undercurrents, macroeconomic uncertainty could still weigh on near-term Bitcoin performance. JPMorgan has placed the odds of a US recession in 2025 at 60%, citing US President Donald Trump’s aggressive trade policy as a major risk. The 145% tariffs on Chinese imports, introduced earlier this month, are seen as a potential drag on global economic growth and a source of inflationary pressure that could complicate monetary policy. Still, this uncertainty could paradoxically drive more investors to seek refuge in Bitcoin. As trust in traditional financial systems erodes — a trend noted by both Mow and Filip — Bitcoin’s decentralized nature and capped supply offer an increasingly attractive alternative. Awaiting the Breakout For now, Bitcoin appears to be consolidating just below its all-time high levels, hovering around $93,000. Market participants are watching closely to see whether the current cycle will mirror 2021 — when Bitcoin’s price briefly surged before being pulled back — or if the so-called “omega candle” will finally be ignited. The convergence of institutional inflows, macroeconomic pressures, and increasing geopolitical uncertainty suggests that a breakout may be less a question of “if” and more of “when.” If the predictions hold true, the crypto market could be on the verge of witnessing the most explosive price action in Bitcoin’s history.
SOL Strategies Secures $500M to Increase Solana Holdings
The funds were raised via convertible notes and will be used to purchase and subsequently stake solana tokens with the goal of generating yield. Half-Billion Dollar Bet: SOL Strategies Gets Cash to Bulk up Solana Stash Canadian crypto company SOL Strategies has secured a $500 million convertible note facility from New York-based investment firm ATW
American Investors Regain Confidence Amidst Structural Shift in Crypto Market
Crypto markets have shown renewed energy following a period of correction. This has prompted a growing speculation about a possible trend reversal. While it’s too early to call it a full recovery, investor behavior is starting to suggest something more than a temporary bounce. US investors, for one, appear to be regaining confidence. US Buyers Lead Charge Since April 21, Bitcoin has shown signs of a trend reversal. CryptoQuant observed a renewed buying interest from major investors. Notably, whale accumulation on Binance has preceded each rebound, soon mirrored by activity on US-based crypto exchange Coinbase. This sequence has fueled growing optimism across the crypto market. A key indicator, the consistently positive Coinbase premium, points to steady demand from US investors and minimal resistance from sell-offs. The contrast in market sentiment before and after April 21 signals more than just a temporary recovery. The analysis suggests that the current movement reflects a deeper structural shift, as confidence among American investors appears to be strengthening alongside improving momentum. Binance Futures Volumes Surpass $1.04 Trillion This shift is now visible beyond spot markets. A similar trend reversal appears to be unfolding in the derivatives space as well. As per the latest stats shared by CryptoQuant, Binance has recorded over $1.049 trillion in futures trading volume so far in April 2025, especially fueled by Bitcoin’s recent nearly 10% recovery over the past week. Interestingly, this is the second-highest monthly volume for Binance this year, trailing only January’s $1.23 trillion and surpassing both February’s $962 billion and March’s $683 billion, with a few more days still remaining. Other major crypto exchanges are also reporting strong increases. For instance, OKX posted $519.9 billion, while Bitget reached $435.4 billion. Meanwhile, Bybit recorded $409.2 billion, all showing significant month-over-month growth. The rise in futures activity reflects increased market participation and directional conviction. “The increase in trading volume suggests serious market participation and interest in futures markets during this price move.” The post American Investors Regain Confidence Amidst Structural Shift in Crypto Market appeared first on CryptoPotato .
BloFin and Mastercard Launch Crypto Card Enabling Secure and Effortless Payments
BloFin, a global leading cryptocurrency exchange, is proud to announce the official launch of the
Ethereum Gas Limit Increase Considered for Fusaka Hard Fork, Potentially Raising to 150 Million
Ethereum’s upcoming hard fork, Fusaka, could dramatically increase the gas limit, impacting scalability and network performance significantly. Developers are exploring the potential for a gas limit surge to 150 million,
Ethereum devs test a 4x increase in gas limit for Fusaka hard fork
Ethereum core developers are considering a four times increase in the layer 1 gas limit as one of the key features for the next hard fork after Pectra, known as Fusaka. The devs are proposing to test a raise in Ethereum’s gas limit to 150 million by the Fusaka hard fork, according to Ethereum Improvement Proposal (EIP) 9678, introduced on April 23 by Sophia Gold, a developer on the protocol support team at the Ethereum Foundation. During the last All Core Devs Execution (ACDE) meeting, there were discussions to make the gas limit increase a “key feature” of Fusaka, Ethereum core developer Tim Beiko said in an April 24 meeting summary. “To align on client defaults and keep this as a priority, we’ve drafted an EIP. It’s a bit unconventional, but not unprecedented (see EIP-7840). We plan to get it merged early next week and formally SFI it on the next ACDE,” Beiko said. “As we continue this work, we expect to identify changes that need to be made in-protocol to support a higher gas limit. This implies adding more EIPs to Fusaka, even though the fork scope is final.” Source: Tim Beiko The next Ethereum upgrade, Pectra , is scheduled to go live on the mainnet in May. Fusaka has been flagged as possibly going online in late 2025. Gas limit increase a priority ahead of Fusaka As part of the motivation for increasing the gas limit, the developers said there was great interest in scaling layer 1 execution and that it could likely be done by implementing any new features. However, it requires guidance from execution layer developers because “we expect to find bugs in clients at higher gas limits than currently used on mainnet,” which will “require time from client developers both to test and to fix any bugs that arise, therefore it makes sense to include as an EIP in a hard fork to commit to this.” The developers behind the EIP say client developers will need time to test and fix any bugs that arise while increasing the gas limit. Source: GitHub “While the gas limit is ultimately set by validators, we agreed that having an EIP to coordinate client defaults would help keep this a priority and ensure all clients update their defaults by the time Fusaka goes live,” Beiko said. Related: Vitalik Buterin says the app layer needs ‘good social philosophy’ most The average Ethereum gas limit was around 30 million after increasing in August 2021, according to data on Ycharts. Validators supported raising the network’s gas limit on Feb. 4, increasing the maximum amount of gas used for transactions in a single Ethereum block. It’s just under 36 million at the moment, Ycharts data shows . Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race
The Mag 7 have lost their touch – Wall Street might need some new blood
The Magnificent 7 are falling apart, and Wall Street needs new players to fill the gap. That’s the state of things right now, as the top seven tech names—Microsoft, Apple, Alphabet, Tesla, Amazon, Nvidia, and Meta Platforms—fail to carry the market the way they did in the past. According to CNBC , their equal-weighted fund, the Roundhill Magnificent 7 ETF (MAGS), has already dropped 17% this year. That’s more than twice the S&P 500’s loss of just under 7%. The drop in performance has also cut into their share of the S&P 500. In early January, the Mag 7 held a 34% weighting in the index. That number is now down to 29%, based on data from Todd Sohn, an ETF strategist at Strategas. Todd said, “Index concentration has cooled for the moment, and along with this, so have Tech sector flows.” His note to clients on Thursday pointed to a shift in where investor money is going—away from tech, toward other sectors. The power each of these stocks holds in the S&P 500 comes from their market caps. So when they shrink, their influence shrinks. That means if they’re not doing well, they can’t drag the index up anymore. Even with some good news from names like Netflix, the whole group isn’t doing enough. Netflix crushed expectations on earnings. Tesla , despite missing estimates, still managed to rise for three straight sessions. Both Amazon and Nvidia insisted this week that the demand for AI data center is holding steady. Still, all that didn’t push the S&P 500 back past the 5,500 level. That resistance held firm on Thursday, even though tech names tried to give the market a little push. But investors are still nervous about tariffs and a wider slowdown. That fear’s heavier than any short-term bounce. Other sectors fall while Mag 7 underperforms The picture outside of Big Tech doesn’t look much better. Sean Simonds, a strategist at UBS, sent a note Thursday saying, “Sales and earnings expectations (+5% and +10%, respectively) are moving lower in virtually every sector.” Sean said the worst hits are in consumer discretionary stocks. That includes cars and household goods—areas that are getting beat up by tariff effects. Those stocks are now underperforming the rest of the market by 20%. This means even if the Mag 7 can’t carry the weight anymore, there aren’t many sectors ready to step in. Wall Street is stuck, trying to rally with no one leading. Later Thursday evening, S&P 500 futures gained a small bump of 0.3%. Nasdaq -100 futures moved up 0.4%, while Dow Jones Industrial Average futures didn’t move much at all. That little boost followed Alphabet’s Q1 earnings report. The company beat on both revenue and profit. In after-hours trading, its stock went up around 5%. Not every name in tech had a win. Intel disappointed. After giving investors weak guidance and saying it would slash spending on operations and capital, the stock crashed over 5% in extended hours. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Coinbase Lists ZORA Amid Cautionary Experimental Label and Plans for MNT Token
Coinbase has officially integrated ZORA, a promising new altcoin, into its trading platform, enhancing investment opportunities. This new listing emphasizes Coinbase’s role in shaping the evolving landscape of decentralized finance
JUST IN! Morning Listing from Binance! Two New Altcoins Listed!
Binance, the world's largest cryptocurrency exchange, started the day with an altcoin listing announcement. Accordingly, Binance announced that it will list the altcoin named MEMEFI with 50x leverage and the altcoin named FIS with 75x leverage in futures transactions. “To expand the list of trading options offered on Binance Futures and enhance users’ trading experience, Binance Futures will be launching the following perpetual contracts: 25.04.2025 at 07:15 (UTC): MEMEFI/USDT Perpetual Contract with up to 50x leverage 25.04.2025time 07:30 (UTC): FIS/USDT Perpetual Contract with up to 75x leverage. Futures and spot token listings are not related. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.” After the Binance announcement, MEMEFI and FIS prices rose. *This is not investment advice. Continue Reading: JUST IN! Morning Listing from Binance! Two New Altcoins Listed!
Michael Saylor says BlackRock’s Bitcoin ETF will be the world’s largest ETF ever
At the Bitcoin Standard Corporations Investor Day held in New York City on Thursday, Michael Saylor, Executive Chairman of MicroStrategy, told a room packed with corporate executives and institutional investors that BlackRock’s Bitcoin ETF, also called IBIT, will outgrow every ETF on the planet within ten years. “IBIT is going to be the largest ETF in the world,” Saylor said during his talk. The ETF was launched on January 11, 2024, and by press time, it has pulled in more than $53 billion in net assets. Within just seven weeks of launch, IBIT reached $10 billion, which made it the fastest-growing ETF in history. On April 22, the ETF had a 37.31% one-year return, and just a day later it raked in $643.16 million in new inflows—despite the current messiness of crypto prices. Saylor called Bitcoin the new anchor for corporate treasury strategy. He said companies are waking up to the fact that cash is weak and unstable in the long term. In his words, Bitcoin is “better than cash,” and he described it as a kind of future-proof money that can protect firms from inflation. Saylor said demand for Bitcoin-backed financial products like ETFs will rise as more companies start allocating their balance sheets into Bitcoin instead of letting inflation eat away at their fiat holdings. Bitcoin ETF inflows explode as institutions pile in While IBIT currently holds about $48 billion in assets under management, it’s still far behind giants like the Vanguard S&P 500 ETF, which holds $573 billion. But Saylor believes that IBIT could catch up fast if Bitcoin triples in value. He even said that it could give MicroStrategy the biggest cash reserve in the world. Since spot Bitcoin ETFs hit the US market, they’ve collected more than $37 billion in total net inflows. Together, they now control over $106.39 billion in assets. Out of all these, IBIT is the biggest one out there. It even picked up the “Best New ETF” award at the etf.com awards—a detail that Saylor made sure everyone in the room heard. Part of what’s helping ETFs gain attention is what’s happening in the political and economic space. Bitcoin broke past $90,000 recently. Traders tied that price move to President Donald Trump’s comment about possibly cutting Chinese import tariffs, and the announcement that Jerome Powell will keep his position as Federal Reserve Chairman. Another factor was SEC Chairman Paul Atkins, who has openly supported BTC and crypto in general, so with him in charge, traders have more clarity on where US policy might lean. After some weak inflows in early April, the recent flood of money into Bitcoin ETFs shows that investors are trusting BTC again. Not just as some risky bet, but as something they now see as a strategic asset and a possible inflation solution. With the US dollar weakening and expectations rising for a Federal Reserve rate cut in mid-2025, institutional buyers are starting to return. Some investors still worry about trade policy uncertainty and rising inflation, but for now, they’re putting money into Bitcoin again. Saylor’s main point was that this is just the beginning for Wall Street. He said, “Institutional adoption has only just started.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Solana (SOL) Holding Strong Above $150 — Breakout Zone In Play
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135 and $150 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $150 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $155 resistance zone. Solana Price Gains Over 10% Solana price formed a base above the $132 support and started a fresh increase, like Bitcoin and Ethereum . SOL gained pace for a move above the $135 and $145 resistance levels. The pair even spiked toward the $150 resistance zone. A high was formed at $154.55 and the price is now consolidating gains. There was a minor move below the 23.6% Fib retracement level of the upward move from the $145 swing low to the $155 high. Solana is now trading above $150 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $150 on the hourly chart of the SOL/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $145 swing low to the $155 high. On the upside, the price is facing resistance near the $154 level. The next major resistance is near the $155 level. The main resistance could be $162. A successful close above the $162 resistance zone could set the pace for another steady increase. The next key resistance is $175. Any more gains might send the price toward the $180 level. Pullback in SOL? If SOL fails to rise above the $155 resistance, it could start another decline. Initial support on the downside is near the $150 zone. The first major support is near the $145 level. A break below the $145 level might send the price toward the $138 zone. If there is a close below the $138 support, the price could decline toward the $132 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $150 and $145. Major Resistance Levels – $155 and $162.
North Korea’s Lazarus Group Uses Blocknovas LLC and Softglide LLC in US to Target Crypto Developers with Malware, Violating Treasury Sanctions
North Korea's Lazarus Group has established two shell companies, Blocknovas LLC in New Mexico and Softglide LLC in New York, using fake identities to operate within the United States. These entities were created as fronts to target cryptocurrency developers by spreading malware, according to cybersecurity researchers and documents reviewed by Reuters. The operation violates U.S. Treasury sanctions and aims to infect professionals in the cryptocurrency industry with malicious software. The cybersecurity firm Silent Push identified the scheme, highlighting the ongoing cyber espionage efforts by North Korean actors against the crypto sector. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Binance Futures to Launch USD-Margined MEMEFI USDT and FIS USDT Perpetual Contracts 💰Coin: FIS ( $FIS ) $0.1986
Binance Futures to Launch USD-Margined MEMEFI USDT and FIS USDT Perpetual Contracts 💰Coin: FIS ( $FIS ) $0.1986
SEC’s Uyeda signals softer crypto rules, says memecoins likely not securities
Market is still 50/50 on the SEC's decision on U.S Spot DOGE ETF applications.
PepeX gains ground as $TRUMP tanks after hype-driven Trump dinner rally
While digital assets record minor gains after the latest rallies that breached key resistances, Official Trump ($TRUMP) sees a wild ride. After leading top crypto gainers with yesterday’s robust surges, $TRUMP has seen a sharp slide on its daily chart, down 18%. Optimism around an exclusive dinner between top TRUMP holders and the United States
ARK Invest raises its 2030 Bitcoin price forecast to $2.4 million
Asset manager ARK Invest has raised its Bitcoin bull case price prediction from $1.5 million to $2.4 million by the end of 2030. The firm argued that the rise in its BTC price target was driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.” ARK’s Big Ideas 2025 report noted that the firm updated its Bitcoin price target for 2030, projecting bear, base, and bull cases of ~$300,000, ~710,000, and ~$1.5 million per BTC, respectively. The company also bumped its bear and base case scenarios for the price of BTC up to $500,000 and $1.2 million. ARK’s new bear and base targets were bumped up from its $300,000 and $700,000 Bitcoin predictions of February 11. ARK Invest elevates Bitcoin bull case prediction to $2.4M We’ve published our bitcoin price forecast through 2030. Read our research from @dpuellARK and share your thoughts. https://t.co/CH7y5EyUjY — ARK Invest (@ARKInvest) April 24, 2025 ARK Invest has raised its bull case Bitcoin price prediction from $1.5M to $2.4M by the end of 2030. The firm’s research trading analyst David Puell said in an April 24 report that the rise in BTC’s prediction was driven largely by institutional investors and the digital asset’s continued acceptance as “digital gold.” Puell acknowledged that ARK’s price targets relied on assumptions made regarding the total addressable markets (TAMs) and penetration rates, which is the percentage of BTC’s TAM that it could capture in certain cases. He added that the digital currency’s supply schedule, which will approach ~20.5 million units by 2030, can also determine its BTC price targets. The analyst also highlighted that Bitcoin may fail to reach ARK’s price targets if any TAMs or penetration rates are unmet. Source: ARK Invest. 2030 Bitcoin price target. The Florida-based investment management firm found that digital gold contributes the most to its bear and base cases, while institutional investment contributes the most to its bull case. The company also highlighted that nation-state treasuries, corporate treasuries, and Bitcoin’s decentralized financial services contribute relatively little in each case. Cathie Wood’s company also revealed that as of 2024, the global portfolio’s TAM, excluding gold’s 3.6% share, is ~$169 trillion. The firm applied an assumed 3% compound annual growth rate (CAGR), resulting in a value of ~$200 trillion by 2030. Puell estimated that the virtual asset would achieve a 6.5% penetration rate into the $200 trillion financial market in a best-case scenario (excluding gold). The investment manager acknowledged that Bitcoin’s acceptance as “digital gold” was a major contributor to its elevated estimate. Puell also estimated that it could capture up to 60% of gold’s $18 trillion market cap by the end of 2030 in a bull scenario. ARK sees Bitcoin as a potential contributor to capital accrual Puell argued that BTC becoming a “safe haven” in emerging markets was the third-largest contributor to ARK’s $2.4 million bull case prediction at 13.5%. He pointed to the digital asset’s ability to protect wealth from inflation and devaluation in developing countries. “This Bitcoin use case has the greatest potential for capital accrual.” -David Puell, analyst at ARK Invest. ARK Invest’s BTC price projections also included nation-state and corporate Bitcoin financial services, which was initiated by the success of MicroStrategy ’s BTC purchases in 2020. The firm argued that if corporate strategies prove successful over the next six years, its bear and base cases’ conservative penetration assumption – 1% and 2.5%, respectively – could move toward its bull case assumption of 10%. According to Puell, a $2.4 million BTC price tag would send the virtual asset’s market cap to $49.2 trillion if Bitcoin’s total supply will have reached 20.5 million by the end of 2030. The firm also argued that Bitcoin’s native financial services are an emerging contributor to capital accrual. ARK noted the Lightning Network’s dedication to scaling BTC’s transaction capacity and Wrapped BTC (WBTC) on the Ethereum network, which enables BTC to participate in decentralized finance. The investment manager believes that such on-chain financial services generate a baseline CAGR of 40%, which is a realistic expectation between now and 2030. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Bitcoin Spot ETF Sees $2.759 Billion in Net Inflows Over 5 Days: A Deep Dive into Recent Trends
According to recent data from Farside Investors, the US Bitcoin spot ETF has exhibited a robust performance, recording net inflows for five consecutive trading days starting from April 17th. This
Ripple News: CME to Launch XRP Futures, CEO Reacts
The post Ripple News: CME to Launch XRP Futures, CEO Reacts appeared first on Coinpedia Fintech News There’s big news for XRP holders — the Chicago Mercantile Exchange (CME) has officially announced it will launch XRP futures contracts starting May 19th. These new futures will be available in both large and micro-sized contracts, giving traders more flexibility and precision in managing their exposure to XRP. CME Launches XRP Futures This move is a huge milestone for XRP, as the CME is considered one of the most trusted and regulated futures exchanges in the world. While XRP futures have already been launched on platforms like Coinbase and Bitnomial, those are relatively small players compared to the CME. Many experts believe this development is a key step toward the long-awaited approval of an XRP Spot ETF . The U.S. Securities and Exchange Commission (SEC) often looks to the CME as a gold standard when considering futures markets, and having XRP futures listed there strengthens the case for an ETF. XRP Spot ETF Gains Momentum Ripple CEO Brad Garlinghouse also reacted to the announcement, calling it “an incredibly important and exciting step in the continued growth of the XRP market”, though he admitted it was long overdue. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Analysis: Breakout or Breakdown Ahead? , While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market! https://t.co/mnwJXKH5hi — Brad Garlinghouse (@bgarlinghouse) April 24, 2025 Looking ahead, there’s growing speculation that the SEC could approve not only an XRP Spot ETF but possibly a Solana ETF and others by later this year. With Paul Atkins recently sworn in as SEC Chair and a noticeably more pro-crypto stance from the agency, analysts believe there’s a high chance of ETF approvals by Q2 or Q3 2025. If these ETFs get the green light, it could mark a major turning point for XRP’s market growth and wider adoption. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = '6'; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: '57069acd88', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });
North Korea’s Lazarus Group sets up fictitious US companies to farm dev wallets
The Lazarus Group's tactics highlight the growing sophistication of state-sponsored cybercrime, posing significant threats to global cybersecurity and economic stability. The post North Korea’s Lazarus Group sets up fictitious US companies to farm dev wallets appeared first on Crypto Briefing .
Binance Wallet Launches 12th TGE for OKZOO: Participation Begins April 25, 2025
On April 25, 2025, Binance Wallet officially announced the commencement of its **12th Token Generation Event (TGE)** for **OKZOO**. This event is set to take place from **8:00 AM to
Securitize and Mantle Launch MI4 Fund—Crypto’s Answer to the S&P 500
Securitize has partnered with Mantle Ecosystem to launch an institutional-grade digital asset product designed to provide professionally managed and regulated exposure to top crypto assets. Mantle Commits $400 Million to Fund The leading real-world assets (RWA) platform, Securitize, has partnered with Mantle Ecosystem to launch an institutional-grade digital asset product known as Mantle Index Four
Strategic Accumulation Signals Growing Confidence in Ethereum Despite Market Challenges
The recent shifts in Ethereum (ETH) accumulation patterns reflect a strategic adaptation among long-term investors, diverging sharply from Bitcoin’s (BTC) dynamics. Amidst a backdrop of moderate market sentiment and fluctuations
Binance U.S Adds Base Network Support – ETH and USDC Transfers Now Live
The post Binance U.S Adds Base Network Support – ETH and USDC Transfers Now Live appeared first on Coinpedia Fintech News Binance U.S has officially integrated the Base network , allowing users to deposit and withdraw Ethereum (ETH) and USDC directly through this rising Ethereum Layer 2 solution. This move is expected to enhance the user experience by offering faster and cheaper transactions, with support for more assets coming soon. BREAKING: https://t.co/AZwoBOgsqS now supports Base Transfer $ETH & $USDC via Base, with support for more assets to come! @Base is an Ethereum layer 2 that aims to bring the next billion users onchain by providing fast and low-cost transactions. Read:… pic.twitter.com/lrdZRy13mq — Binance.US (@BinanceUS) April 25, 2025 Why This Matters for Base Base, launched in 2023, is designed to make crypto more usable for everyday people. Unlike many other networks, it doesn’t have its own token. Instead, it uses ETH for gas fees, making the experience simpler for both developers and users. Built on the Ethereum mainnet, Base has quickly become a top player among Layer 2 solutions. It’s known for its low fees, high speed, and developer-friendly environment. The latest support from Binance U.S could help accelerate its adoption even further. Base Network’s Rapid Growth Despite overall market uncertainty, Base has been growing fast . According to IntoTheBlock data , Base’s share of active addresses among major Layer 2s has jumped from 63% in January to 82% today. It now handles over 1 million daily active addresses and more than 4 million daily transactions . Base’s Total Value Locked (TVL) has also reached $6.3 billion, showing strong user confidence and growing on-chain activity. These numbers highlight that the network is gaining serious traction. Community Sees Institutional Signal The news of Binance U.S supporting Base has sparked positive reactions from the crypto community. Influencers like Velvet Unicorn called it a clear sign of growing institutional interest in Layer 2 networks. He noted that ETH and USDC support is just the start, and the real opportunity lies in the ecosystem that’s being built around Base. As more DeFi projects launch and cross-chain bridges expand, Base could become a key player in the blockchain space. With Binance U.S now backing it, the network has gained an important boost in credibility and exposure. FAQ What is Base? Base is a scaling solution that runs on top of the Ethereum blockchain. It’s designed to handle more transactions at lower costs while still benefiting from Ethereum’s strong security. How does this integration benefit regular Binance U.S users? It allows users to send and receive ETH and USDC faster and at lower fees using the Base network. Can I transfer any crypto asset via Base, or is it limited to ETH and USDC for now? Currently, only ETH and USDC are supported via Base, but more assets may be added soon. Why is Binance U.S adding support for Base now—what’s the significance of this timing? Base has seen rapid user growth and on-chain activity, making now the right time to support it. Is this move limited to Binance U.S, or will global Binance also support Base soon? At the moment, this update applies only to Binance U.S; there’s no word yet on global support.
Binance to Delist Leveraged Trading Pairs Including TRU/BTC on May 7th
Binance has officially announced its decision to delist several trading pairs with leverage, effective May 7th at 14:00 (UTC). This strategic move will impact the Isolated Margin Trading Pairs including
PancakeSwap Hits $205B in Q1 Volume, But CAKE Stays Under $2
Multi-chain decentralized exchange (DEX) PancakeSwap has notched its most impressive quarter yet, racking up $205.3 billion in trading volume in Q1 2025. However, in a paradox that has the crypto community scratching its head, the platform’s native CAKE token remains stuck in the oven, struggling to rise above the $2 mark. A Record-Breaking Quarter The latest data from Dune Analytics shows that PancakeSwap’s Q1 2025 wasn’t just a marginal improvement but a full-blown breakout. Trading volume has jumped 921%, going from $20.1 billion in 2023 to the current $205.3 billion. It also boasts 5.83 million unique traders, an 81% increase from two years ago. Similarly, transaction counts have followed suit, going from 44.1 million in Q1 2023 to 114.4 million in the first three months of 2025. Part of this meteoric rise can be attributed to recent upgrades like the CAKE Tokenomics 3.0, officially launched on April 23, 2025. This overhaul retired several outdated mechanisms, such as CAKE staking, veCAKE, revenue sharing, and farm boosting, while kick-starting a new era of reduced CAKE emissions. However, despite the blockbuster performance and a seemingly bullish shift in fundamentals, CAKE’s market price has continued to underwhelm. According to CoinGecko, its price fluctuated between $1.93 and $2.05 before finally settling at $1.95, a 3.8% dip in the previous 24 hours. The numbers were much better across the week, with CAKE posting an 8.7% uptick to marginally edge out the broader crypto market’s 8.5% growth in the same period. Nonetheless, it still lagged behind similar Ethereum ecosystem tokens, which rallied 12.7% in the last seven days. Price Struggles Amidst Growth The picture is more stark when zooming out further. CAKE lost 24.6% of its value over the past month, while it is down 36.2% year-on-year. Additionally, its current price is 95.6% lower than its all-time high of $43.96, recorded about 4 years ago. Even with a circulating supply of 313 million and a total value locked (TVL) surpassing $1.64 billion per data from DefiLlama, investor confidence in the token appears tepid, maybe due to macroeconomic uncertainties weighing on altcoins. The disconnect between PancakeSwap’s usage metrics and token price hasn’t gone unnoticed. On X, one community member called CAKE “significantly undervalued,” suggesting it should at least “match Uniswap’s price.” Others were more skeptical, one bluntly remarking, “Cake is still dead.” Another responded to PancakeSwap’s milestone post with a cryptic “Probably nothing,” a meme-like nod to the community’s doubtfulness amid ongoing volatility. The post PancakeSwap Hits $205B in Q1 Volume, But CAKE Stays Under $2 appeared first on CryptoPotato .
XRP Price Hovers at Support — Can The 100 SMA Spark Bullish Bounce?
XRP price corrected gains from the $2.30 zone. The price is now consolidating near the $2.150 support and might aim for a fresh increase. XRP price started a fresh increase above the $2.150 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase unless there is a close below the $2.150 support. XRP Price Dips To Support XRP price started a decent upward wave above the $2.120 and $2.150 resistance levels, like Bitcoin and Ethereum . The price traded above the $2.220 and $2.250 levels to start a decent increase. A high was formed at $2.299 and the price started a downside correction. There was a move below the $2.20 and $2.180 support levels. A low was formed at $2.120 and the price started another increase. It cleared the 50% Fib retracement level of the downward move from the $2.299 swing high to the $2.120 low. However, the bears are active near the $2.2350 level and the 61.8% Fib retracement level of the downward move from the $2.299 swing high to the $2.120 low. There is also a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level and the trend line. The first major resistance is near the $2.2350 level. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.450 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.620. More Downsides? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.1620 level. The next major support is near the $2.150 level. If there is a downside break and a close below the $2.150 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.0650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.1650 and $2.150. Major Resistance Levels – $2.200 and $2.2350.
SEC Meeting with Donald Trump Supporter Surprise Altcoin Revealed! Price Reacts!
The SEC has been taking more moderate steps since the departure of former SEC Chairman Gary Gensler, who took a negative approach towards cryptocurrencies. At this point, the SEC, which has closed the vast majority of cryptocurrency cases, including the Ripple (XRP) case, is expected to take more positive steps with the inauguration of new chairman Paul Atkins. As the SEC continues to make innovative moves, it was revealed that it was meeting with an altcoin team. Accordingly, Ondo Finance (ONDO) has joined with the SEC Crypto Task Force chaired by Hester Peirce to propose a regulatory framework for the tokenization of publicly traded securities in the United States. In addition to Ondo Finance officials, attorneys from Davis Polk and Wardwell law firm also attended this meeting. The ONDO price rose more than 10% after the SEC meeting announcement, rising above $1. However, ONDO has given back some of its gains and is trading at $0.96 at the time of writing. On April 25, the crypto task force will hold a roundtable event to discuss custody, including representatives from Kraken, Anchorage Digital Bank, WisdomTree, and others. While Ondo Finance attracted attention with its $1 million donation to Donald Trump’s inauguration fund, Davis Polk and Wardwell law firm announced on April 22 that it would represent the US President’s social media company Truth Social to launch crypto-linked exchange-traded funds. *This is not investment advice. Continue Reading: SEC Meeting with Donald Trump Supporter Surprise Altcoin Revealed! Price Reacts!
XRP Price Analysis: Breakout or Breakdown Ahead?
The post XRP Price Analysis: Breakout or Breakdown Ahead? appeared first on Coinpedia Fintech News The price of XRP has been moving sideways without any clear direction for the past few days, and today’s analysis focuses on the shorter time frame since the bigger picture hasn’t changed much. At the time of writing, XRP is trading at $2.18 and is up by more than 1%. According to analysts, XRP has made a small move to the upside, but it’s not yet strong enough to confirm a solid uptrend. The recent increase looks like a three-wave pattern, which could either be the start of something bigger or just another temporary bounce. Here’s what’s happening: The B-wave correction might not be over yet. Today, we saw some downward movement, and it’s possible that XRP could revisit last week’s lows around $2.02–$2.03. If this happens, the price might see a five-wave decline forming, with possible support around $1.90–$2. But it’s important to understand this is a very short-term, small market structure and nothing major for now. On the other hand, if XRP has already completed its B-wave correction and started a new C-wave upwards, it could target the $2.55–$2.68 zone. However, there’s not much clear evidence to confirm this yet — both the recent moves up and down have been choppy, making it difficult to predict the next big move. Since mid-April, XRP’s price action has been messy and directionless, mostly moving sideways. While there’s still a chance for higher prices, traders should watch for key support levels: $1.82 is an important support area. As long as XRP stays above this, there’s room for a recovery. If XRP falls below $1.82, it would signal that the current attempt to move higher is failing, and it might see a drop towards the $1.33 level next.
Whale Reemerges: 2.28 Million USDC Invested in Ethereum (ETH) Dip on Binance
On April 25th, COINOTAG reported an intriguing development in the cryptocurrency market. According to data from LookIntoChain, a dormant whale re-emerged after a three-month hiatus, depositing 2.28 million USDC onto
Tesla’s $97M Bitcoin Loss Not in Earnings Report
Tesla’s first-quarter 2025 earnings report has been released, and it notably omits any mention of a substantial $97 million loss related to the company’s Bitcoin holdings. This absence has raised questions within financial circles and the cryptocurrency community regarding the transparency of Tesla’s financial reporting concerning its digital asset investments. Details of the Unreported Bitcoin … Continue reading "Tesla’s $97M Bitcoin Loss Not in Earnings Report" The post Tesla’s $97M Bitcoin Loss Not in Earnings Report appeared first on Cryptoknowmics-Crypto News and Media Platform .
ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?
Cardano founder identifies three critical flaws in Ethereum blockchain’s design. Charles Hoskinson believes layer-2 solutions will gradually drain Ethereum’s value. Bitcoin DeFi and competing chains are predicted to eclipse the Ethereum network long-term. In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures. Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other. Fascinating to listen to an Ethereum co-founder opine on whether Ether can even survive. I’m not smart enough to have an opinion one way or the other but would like to know what others think. https://t.co/CdpTQkq41X — John E Deaton (@JohnEDeaton1) April 24, 2025 In the clip, Hoskinson , the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, th… The post ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? appeared first on Coin Edition .
Ethereum Flashes Bullish Golden Cross – Is A Major Rally On The Horizon?
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum Flashes Golden Cross According to a recent X post by crypto analyst Titan of Crypto, Ethereum has formed a golden cross on the daily chart. A golden cross typically precedes significant price rallies, and the continuation of this bullish price action could push ETH beyond $2,000 soon. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming? For the uninitiated, a golden cross is a technical indicator that flashes when the 50-day moving average (MA) crosses the 200-day moving average (MA). The indicator often suggests a shift from a downtrend to an uptrend in the underlying asset’s price. The following chart shows the golden cross, with the upward-sloping red line (50-day MA) overtaking the downward-sloping blue line (200-day MA). If this trend holds, it could set the stage for further gains, with the $2,000 mark acting as the next psychological resistance level. Other analysts also support Titan of Crypto’s bullish outlook for ETH. For example, fellow analyst JJcycles shared a weekly chart illustrating striking similarities between ETH’s current structure and that of Bitcoin (BTC) during past cycles. JJcycles noted that ETH may currently be trading near the bottom of the range – close to the support trendline – similar to BTC’s price action around $5,000 following the March 2020 COVID-19 crash. Potential ETH Targets? In another X post, crypto trading account Bitcoinsensus pointed out that Ethereum is forming a large bull flag pattern on the monthly chart. The account noted that ETH is currently near the lower boundary of the flag, with a potential breakout target of up to $8,000. Likewise, seasoned analyst TraderPA suggested ETH is in a reaccumulation phase and could be poised for a strong rally. According to TraderPA, ETH may surge to $6,000 before the year ends. On-chain metrics also support the case for a bullish reversal. Crypto analyst Ali Martinez recently noted that Ethereum’s Entity-Adjusted Dormancy Flow has dropped below one million – a level that often indicates the asset is undervalued. Related Reading: Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms Despite the positive indicators, concerns about further downside remain. Ethereum’s weak performance in recent months, coupled with repeated breakdowns through key support levels, raises the risk of a drop to $1,200. Nonetheless, ETH is projected to see significant price appreciation in Q2 2025, with some analysts forecasting a new all-time high by year’s end. At press time, ETH trades at $1,755, down 3.3% in the last 24 hours. Featured image from Unsplash, charts from X and Tradingview.com
Ethereum: Major change coming? Why strategic buyers are scooping up ETH
ETH's performance has gone a completely different way from BTC.
Ethereum Spot ETF Sees $63.5 Million Net Inflow: BlackRock ETHA Attracts $40 Million
On April 25th, COINOTAG News reported significant **capital inflows** into the **Ethereum** market, as noted by Farside Investors. The data revealed a robust **net inflow** of $63.5 million into the
Ethereum, Bitcoin (BTC), and XRP Attract Capital Despite Pullbacks
MAGACOINFINANCE Gains Momentum as Investors Seek High-Conviction Projects Even as major tokens like Ethereum (ETH) , Bitcoin (BTC) , and Ripple (XRP) experience volatility, institutional and retail investors alike are continuing to deploy capital. But more are now turning toward early-stage projects with structural upside. MAGACOINFINANCE has emerged as a standout in that category—growing through organic momentum and disciplined access. Its approach favors long-term positioning, not hype—making it one of the few tokens that truly mirrors the early setup of coins that eventually dominated the market. Why MAGACOINFINANCE Is Being Viewed as a Strategic Entry Opportunity MAGACOINFINANCE saw immediate demand after launch, positioning it as one of the fastest-growing altcoin entries of the year. With exclusive availability, a scarcity-focused model, and expanding visibility, it’s gaining support from those who understand the value of entering before full exposure. While other tokens rise and fall with headlines, MAGACOINFINANCE is quietly building strength behind the scenes—and that’s exactly what long-term portfolios are built on. MAGACOINFINANCE vs. SOL, AVAX, and HBAR: Entry Windows Define Growth Potential Solana (SOL) , Avalanche (AVAX) , and Hedera (HBAR) all have active development and ecosystems, but their growth trajectories are now heavily influenced by broader market cycles. Their early-stage moments have passed. MAGACOINFINANCE , on the other hand, remains off the radar. That’s where opportunity lives—in tokens that haven’t yet moved into the mainstream, but have all the characteristics of those that eventually do. Final Thoughts: MAGACOINFINANCE Carries the Spirit of Bitcoin, Ethereum, and XRP’s Early Phases True value in crypto has always favored those who enter before the crowd. Bitcoin (BTC) and Ethereum (ETH) were once just ideas. XRP was once overlooked. MAGACOINFINANCE is now being seen through that same lens—quiet, strong, and positioned for something more. Secure your tokens now, exclusively at MAGACOINFINANCE.COM Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post Ethereum, Bitcoin (BTC), and XRP Attract Capital Despite Pullbacks appeared first on TheCoinrise.com .
GDLC: More Than 80% Bitcoin
Summary GDLC's NAV discount has compressed to 10%, trading at par based on my 'adjusted NAV' framework, reflecting BTC and ETH weightings. With an 80% Bitcoin allocation, GDLC may not be ideal for altcoin rallies, despite potential spot ETF approvals for XRP and SOL. The fund's heavy BTC exposure challenges its effectiveness for altcoin-focused investors; single-asset ETFs may offer better returns. GDLC remains a 'hold' for passive investors, but active altcoin buyers should consider alternative funds for more direct exposure. It has been approximately five months since my last Seeking Alpha article covering the Grayscale Digital Large Cap Fund (GDLC). It's a fund that I've covered a half dozen times going back to 2022 and one that I've often provided readers with an 'adjusted NAV' valuation based on my own framework. From November: For those who have not seen the prior work, my 'fair value' calculation zeroes out the altcoins after BTC and ETH and assigns a full valuation to the BTC and ETH in the fund. With the increasing likelihood that more spot ETFs for altcoins may enter the market this year, GDLC's NAV rate discount has further compressed down to just 10% from the 17% discount offered by the market back in November. More importantly, based on my 'adjusted NAV' framework, the fund essentially trades at par given current weightings to readily available spot ETFs for digital assets in the US market. In this update, we'll look at the current makeup of the fund and assess if GDLC is the right way to pay a potential 'alt season' in the digital asset market. Current Holdings & Discount Rate Asset Allocation Assets/Share Weight Bitcoin ( BTC-USD ) 0.00036456 80.60% Ethereum ( ETH-USD ) 0.00221657 9.37% XRP ( XRP-USD ) 1.06819845 5.61% Solana ( SOL-USD ) 0.00939617 3.33% Cardano ( ADA-USD ) 0.66104994 1.09% Source: Grayscale, as of 4/23/25 As has been the case since I've been covering GDLC, the largest allocation of the fund's capital is to Bitcoin. This was actually my original critique when I first covered the fund; mainly, that a product that aimed for digital asset diversification having such a large BTC weighting perhaps defeated the purpose of buying an 'altcoin' fund. Though it should be noted that this allocation to Bitcoin has almost certainly helped the fund's NAV rate discount compression since 'crypto winter' back in 2022. Currently, that discount stands at just over 10%: ASSETS UNDER MANAGEMENT $670,308,275.58 SHARES OUTSTANDING 15,867,400 NET ASSET VALUE PER SHARE $42.24 MARKET PRICE $37.89 DISCOUNT TO NET ASSET VALUE 10.30% Source: Grayscale, as of 4/23/25 If readers think back to my framework for creating the 'adjusted NAV' of GDLC, the combined 90% allocation to Bitcoin and Ethereum essentially puts the fund at my adjusted 'fair value' already. However, with the US political landscape changing from crypto-antagonism to one that is as more open to the asset class, should this fund trade closer to the real NAV rather than my adjusted NAV? There is certainly an argument to made that it perhaps should. But the next question I have about GDLC in 2025 is pretty simple; is this fund the right way to play a potential rally in the altcoin market? I'm much less certain that the answer to that question is 'yes' given how exposed the fund is to BTC. Bitcoin Allocation & Altcoin Exposure As far as I can tell, Grayscale no longer offers a historic breakout of GDLC holdings data by day. Thus, to assess the long-term Bitcoin allocation that has historically been represented by each GDLC share, I've referenced my prior articles. That data is shown in the table below, with dates hyperlinked to the source articles: Historic Weightings BTC % ETH % Remaining % Total Holdings August 2022 63.50% 31.20% 5.30% 5 June 2023 70.32% 27.05% 2.63% 5 August 2023 69.97% 26.97% 3.06% 5 March 2024 69.33% 22.39% 8.28% 6 September 2024 75.80% 17.80% 6.40% 5 November 2024 75.50% 16.30% 8.20% 5 April 2025 80.60% 9.37% 10.03% 5 Source: Grayscale, prior articles Not only is the current 80.6% allocation to Bitcoin the largest BTC weighting since I've been covering GDLC, but the 10% exposure to alternative coins is the largest that I can recall. This is no doubt due, in part, to the performance of coins like XRP and SOL. But I think it also speaks to the significant under-performance of ETH; which has fallen in fund weighting by 70% in less than 3 years. ETF Analyst Expectations as of 2/10/25 (James Seyffart/X) I shared this graphic in a prior Grayscale piece and I think it's useful for GDLC as well. Bloomberg's ETF analysts have a positive outlook on ETF approval odds for both XRP and SOL. If that does indeed come to fruition, it would mean ADA is the only cryptocurrency in GDLC that doesn't have a spot ETF in the US market. At just 1% of AUM allocated to ADA currently, it could easily be argued that GDLC should trade essentially at NAV or slightly lower. Even in that scenario, the re-rating for GDLC as a result of XRP and SOL spot ETF approvals would be closer to 8 or 9% higher coin prices being equal. At that point, the merits of the fund itself would likely be the biggest driver of future GDLC returns. Bitcoin Dominance (CoinMarketCap) In a market that has increasingly become dominated by Bitcoin over the last two and half years, the merits of a fund like GDLC likely become challenged. On one hand, Bitcoin's surge to 63% of the total crypto market is perhaps a signal that a turnaround for altcoins is warranted based on historical trends. On the other hand, with just 20% combined allocation to ETH and other alts, GDLC might not actually be the best way to play a reversal in BTC dominance. Closing Thoughts I don't think 80% allocation to Bitcoin is what altcoin buyers would be interested in if nearly the entire fund could be replaced with allocation to four single-asset spot ETFs at an individual investor's own discretion. For a 'set it and forget it' type of fund that could benefit from higher crypto prices, GDLC probably works fine. Especially given what is still a real NAV discount of 10%. But if BTC begins to lose market share to ETH, SOL, XRP, or ADA, the returns from GDLC will ultimately lag more direct exposure to those assets through alternative funds. There are several spot ETH ETFs already. Though it trades at a dwindling premium, Solana bulls have the Grayscale Solana Trust ( GSOL ) as an option. Ripple bulls could look to something like the Teucrium 2x Long Daily XRP ETF ( XXRP ) for shorter term trading. And this is before spot ETFs enter the market - which is a catalyst that could manifest this year. Given all this, I'm reiterating GDLC as a 'hold' and suspect that altcoin buyers will likely do better piecing together an altcoin portfolio using single-asset funds and lower-cost ETFs.
Bitcoin Rally Sparks Mixed Sentiment as Crypto Fear & Greed Index Reflects Greed But Analysts Remain Cautious
The recent surge in Bitcoin’s price has propelled the crypto market sentiment to a two-month high, signaling renewed investor enthusiasm. The Crypto Fear & Greed Index reached a notable score
Bitcoin is holding above $90K, so why is ‘greed’ sentiment slipping?
Key takeaways: Crypto market sentiment hit a two-month high with the Crypto Fear & Greed Index returning to “Greed” territory on April 23. Despite Bitcoin’s price hold, the sentiment score is gradually declining, and analysts are expressing doubt over the rally’s sustainability. The crypto market remains Bitcoin-heavy, with its dominance above 64%, strong ETF inflows and a low altcoin season score. Bitcoin’s several-day surge above $90,000 pushed crypto market sentiment to its highest point in more than two months on April 23, but it’s gradually tapering off again as analysts air concerns about the sustainability of Bitcoin’s rally. On April 23, the Crypto Fear & Greed Index clocked a score of 72 out of 100, putting it in the “Greed” zone as Bitcoin ( BTC ) returned above the $90,000 level. However, as of April 25, the score has fallen to 60 despite the relatively stable price. Crypto sentiment at two-month high The last time the index hit this score was on Feb. 4, around the same time US President Donald Trump introduced tariffs and Bitcoin fell below $100,000 . Bitcoin has since reclaimed the $90,000 price level for the first time since March 6. Bitcoin is trading at $93,130 at the time of publication. Source: CoinMarketCap However, despite Bitcoin trading between $91,800 and $94,304 over the past two days, sentiment within the “Greed” territory has been gradually cooling off, with the index falling to April 24 and 60 on April 25. The slight pullback follows warnings from several crypto analysts who remain cautious about the Bitcoin rally, including 10x Research's head of research, Markus Thielen, who isn’t yet convinced of a rally . “Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of the current Bitcoin rally,” Thielen said on April 23. Meanwhile, Bitfinex analysts said on April 24 that while Bitcoin’s relative strength against US equities “appears real,” it is yet to be confirmed as structural. However, others are more bullish. MN Trading Capital founder Michaël van de Poppe said on April 24 that “buyers are likely going to step in, and then we’ll be continuing our path toward a new [all-time high].” Related: Bitcoin ‘short squeeze’ or $87K dip next? BTC price predictions vary CoinMarketCap’s altcoin season index indicates that the market is still heavily favoring Bitcoin over altcoins, with the altcoin season score sitting at a lowly 17 out of 100. It comes as Bitcoin Dominance is sitting at 64.39%, according to TradingView data. Bitcoin sentiment has gained momentum since it touched the mid-$80,000 price range. On April 17, crypto analytics firm Santiment pointed out that the tone of Bitcoin-related social media posts has flipped to bullish . Meanwhile, crypto analyst Trader T pointed out in an April 25 X post that US-based spot Bitcoin ETFs have , so far to April 24, seen their third-best week of inflows since launching in January 2024. Over the past four trading days, the spot Bitcoin ETFs have seen $2.6 billion in net inflows. Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bitcoin Surges to $94,500 Amid Improved Market Sentiment and Institutional Support
COINOTAG News reported on April 25th that recent shifts in U.S. economic policy have notably impacted market dynamics. This week, QCP Capital highlighted that President Trump has momentarily halted his
Behind the Leaderboard – The Hidden Risk of Copy Trading
HodlX Guest Post Submit Your Post According to research by Charles Schwab UK, younger generations – particularly Z and Millennials, unlike Gen X and Boomers – accept online trading as one of the mainstream supplemental income activities. This makes many of them trader-like-minded but lacking sufficient experience, so the issue of active investment strategies remains open and usually untapped. Younger investors are also embracing broader investment opportunities, such as copy trading, which are not usually welcomed as much by their older counterparts. However, to novice investors, even if they are more advanced, leveraging strategies of master traders and thinking of it as a way to diversify the risk of the human factor may be self-delusional. Sometimes, seeing an influencer bragging about success and dropping a referral link has a huge toll on investors’ decisions. So, copy trading is not just trading anymore – it’s the influencer economy in full force. High returns, hidden volatility Given the social nature of copy trading, there’s a real danger in people placing too much faith in well-known figures in the industry, specifically, the master traders, whose successful trades can be easily replicated. The biggest risk in copy trading is not the market – it’s psychology. This situation is reminiscent of the wave of celebrity crypto endorsements that tend to surface during every bull market, often leaving seasoned traders feeling uncomfortable when these influencers make outlandish promises about token projects. While having a celebrity on board can certainly give a project a popularity boost, it doesn’t guarantee that it’s legitimate. Yet, despite a history of failures, many novice investors are still being overly influenced by prominent people in the industry. Diversification, despite being a common approach in investing, can also be very delusional. Just spreading one’s money across 10 different master accounts won’t really shield one from market behavior at the end of the day. In the crypto world, some semblance of credible diversification could only be in mixing the very copy trading, realizing all its caveats, with long-term investments or alternative investment methods like staking. The bottom line is that the investors don’t cause common risks of copy trading that much en masse, but by the platforms themselves. It’s their duty to communicate both risks and performance. When return or drawdown metrics leave out unrealized profits and losses, investors can easily be misled, leading to unrealistic expectations based on partial information. Protecting the follower on a platform level When it comes to safeguarding copy trading ethics, trading platforms usually focus on the key issue – unveiling and stopping the known account ‘boosting’ schemes. This happens when someone sets up multiple accounts – l et’s say, four – and opens ‘buy’ positions on two while placing ‘sell’ positions on the other two. After closing two ‘victimized’ accounts, the remaining ones might show impressive returns – let’s say, 80%. The trader can then repeat this cycle, eventually boasting an account with, say, 230% return. At that point, even minor gains – like one percent – can lead to outsized percentage growth – three percent – because of compounding. This creates a false sense of steady profitability when, in reality, it’s just an artificial boost from the start. Investors who see this kind of past performance might think they can expect similar results, but they’re just buying into a cleverly crafted illusion. On top of that, there’s not much incentive for platforms to keep a close eye on how traders behave. After all, it’s just a marketplace – some traders may be laid-back and cautious, while others are expected to act more aggressively. There’s a place for both types. The only twist here is that instead of pushing a casino-style wheel, someone may click the ‘follow’ button on a hyper-aggressive trader. All in all, a trading platform can offer two complete tools to protect investors – risk limits for signal providers and risk limits for investors. When it comes to risk limits for signal providers, they should be implemented in a way that prevents users from instantly altering them. Otherwise, it doesn’t serve its purpose. When the set limit is exceeded by the user, the platform intervenes in order to counteract the risky activity. This is the truly effective way to protect investors. Besides, platforms should clearly communicate those limits to the investors. For example – “ A stricter risk limit will be imposed on this master trader – if his account loses, say, 20%, all positions will be closed automatically.” That kind of enforcement action would provide a more realistic protection. The same goes for followers – platforms must allow them to rely on automated controls like stop-copy thresholds or risk multipliers. Let’s say that the investor set a loss limit of 500 USDT for the master trader. If the loss reaches this amount, all copied positions will be closed and the subscription will be terminated. Final words When entering the world of crypto copy trading, investors must understand that it inherently involves risks – there’s always a chance to win or lose. The key principle is simple and universal – never deposit more than you’re prepared to lose. Once that deposit is made, there are several ways to manage risk effectively – diversify by following multiple signal providers, set clear risk limits and use low-risk multipliers. If these precautions are in place, losing money becomes much harder, but at the same time, earning a fortune wouldn’t come easily either. Sergey Ryzhavin is the director of B2COPY , a money management platform for brokers developed by B2BROKER, a global fintech solutions provider for financial institutions. Sergey is a seasoned fintech professional holding over 15 years of experience in copy trading, brokerage solutions and trading technology. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Behind the Leaderboard – The Hidden Risk of Copy Trading appeared first on The Daily Hodl .
$TRUMP Token Soars 29% After Exclusive Dinner Announcement Sends Whales Scrambling
In a dramatic set of circumstances, the memecoin $TRUMP rocketed up over 29% in a single day. It surged to $12.21 following an announcement that energized its holder base: the top 220 token holders will receive invitations to dine with former U.S. President Donald Trump. The community has dubbed the offer “the most EXCLUSIVE INVITATION in the world,” and this has set off a buying frenzy, some wallet reshuffling, and a few strategic moves as investors try to ensure they are in the top holder club. LATEST: $TRUMP rose over 29% to $12.21 today after the announcement that its top 220 holders will be invited to dinner with Trump. It was described as the “most EXCLUSIVE INVITATION in the world.” pic.twitter.com/2HBoxGDsUK — CoinGecko (@coingecko) April 24, 2025 The early announcement brought about an immediate price rally, sending reverberations through both the meme token sector and the political crypto communities. Within hours, on-chain data showed large-scale liquidity movements and wallet reactivations not seen in months—a sure sign that both long-term whales and newcomers viewed the dinner invitation as a once-in-a-lifetime opportunity pregnant with prestige and potential influence. Liquidity Provider Makes Bold Move and Lands in Top 220 One of the most interesting plays was made by a longtime $TRUMP liquidity provider who executed a strategic liquidity withdrawal just two hours after the news broke. From two separate wallets, this individual extracted an estimated 211,977 $TRUMP tokens (valued at about $2.76 million) and 18,376 $SOL (also worth roughly $2.76 million). The move was so carefully timed and plotted that it seems aimed at boosting both wallets into the top 220 holder ranks of these assets. A longtime $TRUMP liquidity provider removed liquidity from 2 wallets 2 hours ago, receiving 211,977 $TRUMP ($2.76M) and 18,376 $SOL ($2.76M). Now, both wallets are in the top 220 holders — giving them a shot at scoring 2 invites to the $TRUMP dinner. This guy bought 332,424… pic.twitter.com/ti3v4LaV88 — Lookonchain (@lookonchain) April 24, 2025 Both wallets now have their places firmly established in the elite group, according to confirmed data from the blockchain. That puts the person who owns these wallets on course to earn not one, but possibly two invite-only seats at the Trump dinner. This was a quick play, but it was also a very clever and calculated one. These aren’t exclusive crypto benefits we are talking about; they are real-world, political, and celebrity. But when you get down to it, it’s all about money and making more of it. The same individual is very familiar with the $TRUMP ecosystem. On the token’s listing day, they bought 332,424 $TRUMP for only $802,000, with each token going for a humble $2.41. At its maximum, the worth of those holdings expanded to over $24 million, showing not just the volatility but even more the massive upside potential in this niche token project. Dormant Wallet Awakens with Big Buy — and Clear Intent In another twist, adding an air of mystery to the day’s proceedings, a wallet that hadn’t seen action for over five months suddenly came alive. It withdrew a considerable 1.5 million $USDC from Binance and used that sum to purchase 123,228 $TRUMP tokens. Why? Who knows! On-chain investigators are convinced it’s all part of an elaborate scheme to push the wallet’s holder into the top 220. Those holding the TRUMP token are in some way holding a token that gives them, if only metaphorically, a dinner with Donald Trump. After 5 months of inactivity, a wallet suddenly withdrew 1.5M $USDC from #Binance to buy 123,228 $TRUMP . Is this a move to secure a seat at the $TRUMP dinner? https://t.co/DO98ovJhTA pic.twitter.com/fjvwrVfcU8 — Lookonchain (@lookonchain) April 24, 2025 Dormant wallets showing renewed interest is just one manifestation of the new utility that the dinner invitation has given the $TRUMP token. The power of exclusivity has become the utility for the token, with the dinner invitation signifying that it has an exclusive pull, which is now the $TRUMP token’s most prominent feature. That is a development worth figuring. Although critics of $TRUMP might find the combination of meme culture and political branding ludicrous, supporters contend that the former president has stitched together truly unique rags of influence into a potent new kind of message. And that if you sew together entertainment, influence, and speculative investment, you get something that even makes a kind of sense. In what world, after all, does a semi-retired, entirely unsuccessful businessman have half the people in the country convinced that he’s a messiah? Political Memecoin or Prestige Asset? While the crypto universe closely follows the $TRUMP saga, one aspect is clear: the token’s transformation has gone far beyond that of a typical meme. Today, $TRUMP is more social currency than crypto, a tool for those trying to impress with the number of tokens they hold. And in the case of $TRUMP, as if so often with any social currency, the holders are not shy about boasting how many millions of the tokens they command. It is yet to be determined whether this strategy keeps moving in a sustained way over the long term, but for now, $TRUMP is enjoying a high-profile rally that is boosted by hype, exclusivity, and a rapidly closing window for top-tier access. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
How are we doing?
Your feedback helps us improve our service