Electronics spared from recent tariffs will face new duties aimed at reshoring semiconductor production, Lutnick said.
Saylor's continued Bitcoin investment amid significant losses highlights the high-risk, high-reward nature of cryptocurrency strategies.
The post Saylor signals new Bitcoin buy after Strategy reports nearly $6 billion Q1 unrealized loss appeared first on Crypto Briefing.
The JPMorgan CEO says rigid banking rules may trigger a Treasury market freeze, echoing 2020’s turmoil that was followed by BTC's price rise.
Lomond School, a private institution in Scotland, will begin accepting Bitcoin for tuition payments and is collaborating with Bitcoin author Saifedean Ammous to introduce a new curriculum focused on Bitcoin and Austrian economics. Ammous, author of The Bitcoin Standard, is developing an educational curriculum combining the principles of Bitcoin (BTC) and Austrian economics.“I'm going to be working with Lomond School to develop a curriculum for bitcoin and Austrian economics,” Ammous wrote in an April 12 X post, sharing his excitement for “making the material widely available worldwide.”Source: Saifedean AmmousLomond School Principal Claire Chisholm confirmed the collaboration on April 12, writing that she was “thrilled to be working with Dr. Ammous” and appreciative of the “positivity of the Bitcoin community.”The news comes a day after Lomond School announced it would accept BTC for tuition payments starting from the autumn semester of 2025, becoming the first school in the United Kingdom to adopt BTC payments.Source: Saifedean AmmousAmmous is best known for The Bitcoin Standard, which was first published in 2018. The book outlines the economic philosophy behind Bitcoin and contrasts it with fiat currency systems. It has sold more than one million copies and has been translated into 38 languages, according to Ammous.Cointelegraph has contacted both Ammous and Lomond School for additional details regarding the upcoming curriculum.Related: New York bill proposes legalizing Bitcoin, crypto for state paymentsBitcoin education is gaining momentum worldwideEducational institutions around the world have increasingly embraced Bitcoin as both a subject of academic study and a financial tool.Schools and universities have been launching Bitcoin-based courses since as early as 2013 when the University of Nicosia in Cyprus launched its Master’s in Digital Currency program, which is accessible both in-person and online.New York University’s Stern School of Business launched “The Law and Business of Bitcoin and Other Cryptocurrencies” course in 2014 — one of the first Bitcoin-specific courses in the US.Stanford University also launched its “Bitcoin and Cryptocurrencies” course in 2015, focused on the technological and economic aspects of the world’s first cryptocurrency.Related: Swedish MP proposes Bitcoin reserve to finance ministerIn February 2025, the University of Austin announced launching the first first-of-its-kind Bitcoin investment fund of over $5 million as part of the institution’s larger $200 million endowment fund.Source: Eric BalchunasThree months before the University of Austin’s announcement, a regulatory filing revealed that Emory University accumulated over $15 million worth of Bitcoin via Grayscale’s spot Bitcoin exchange-traded fund, Cointelegraph reported on Oct. 28.Magazine: SCB tips $500K BTC, SEC delays Ether ETF options, and more: Hodler’s Digest, Feb. 23 –March. 1
In times when the global economy is reeling from the brunt of the ongoing Trump-inflicted trade war, there’s one asset that has outperformed everything. It’s Fartcoin ($FARTCOIN), an AI agent-based meme coin launched in October last year. $FARTCOIN has surged by more than 350% since March 10 and over 90% since just the last week. What’s more, its market capitalization now stands at a whopping $877M. Read on to know how this surge in $FARTCOIN is a very positive sign for the crypto industry. We’ll also list down three of the best meme coins that can follow in $FARTCOIN’s footsteps and make you significant profits. What Does $FARTCOIN’s Surge Indicate? In an uncertain market marked by volatility, $FARTCOIN has been able to outperform safe-haven assets like gold in the last month. Additionally, $FARTCOIN’s peers, like $DOGE, $PEPE, and $TRUMP, have been hovering around their lows. But $FARTCOIN has been making fresh highs every day. This is particularly interesting, and why we’re here talking about this ‘stinky’ token in the first place. After its initial launch, $FARTCOIN garnered a lot of hype, and its market cap reached a massive $2.5B with a 17,000% surge in price. However, the crypto winter was harsh on it, as it tumbled by 91% from its all-time highs. But the coin has regained half of that lost value thanks to the recent surge. Crypto trader Smiley Capital said that this aggressive up move can be a sign of risk-on sentiment making a comeback in the crypto space. ‘It’s also a barometer and frontrunner for broader risk assets,’ he said. This means the $FARTCOIN move is an indicator of improving market health and a change in sentiments. After a tough few months, meme coin investors are now feeling more confident. $FARTCOIN may also turn out to be a trailblazer in a series of price surges to follow. If you’re looking for assets that may replicate $FARTCOIN’s historic rise, here are a few top trending cryptos you cannot ignore. 1. SUBBD Token ($SUBBD) – Best Meme Coin to Buy In 2025 SUBBD Token ($SUBBD) is a new and revolutionary AI-powered crypto that could easily replicate Fartcoin’s performance. For instance, our SUBBD price prediction suggests the token could reach as high as $0.668 by the end of 2026. Considering $SUBBD is currently priced at just $0.05515, that would be a nearly 1,200% gain in less than two years. What’s so special about SUBBD, you ask? It’s the first-ever crypto subscription platform that uses AI to reduce the time and effort needed by online creators to manage the content that they put out. Creators will not only benefit from SUBBD’s suite of AI tools that will help them streamline content production, but they’ll also be able to set up various monetization schemes for their fans. These include subscriptions, tipping, pay-per-view (PPV) content, and even NFT sales. The fans, on the other hand, can use $SUBBD tokens to access the exclusive content of their favorite creators on the SUBBD platform. What’s more, owning $SUBBD also offers staking rewards, discounts on content and subscriptions, governance rights, and so much more. All in all, $SUBBD is easily one of the best cryptos to buy now – for both its use cases as well as its potential price jump. The SUBBD Token is currently in presale, where it has already raised over $159K. Get $SUBBD now for just $0.05515 – here’s how to buy it. 2. Solaxy ($SOLX) – New Meme Coin Revolutionizing the Solana Blockchain Even though pure meme coins like $FARTCOIN and $BROCCOLI are all the rage right now, it’s worth backing a top altcoin like Solaxy ($SOLX) that not only has the same degen energy backing it but also carries real utility. Solaxy aims to solve the pain points of Solana, which has been struggling with network congestion and scalability due to the groundbreaking success of $TRUMP, $MELANIA, and Pump.fun. These coins chose Solana because of its memecoin-friendly infrastructure. However, they attracted a lot of investors to Solana, which it wasn’t prepared for. This overloaded the blockchain. Solaxy will build the very first Layer 2 scaling protocol on Solana. To put it simply, Solaxy plans to direct some of Solana’s transaction requests to a sidechain. This will allow its mainnet the breathing space it’s currently not getting. Another reason crypto experts are bullish on Solaxy is its mind-boggling presale performance. It has amassed close to $30M at the time of writing, with both retail and whale investors backing it. The best bit? You can purchase one of the best crypto presales on the market right now for only $0.001692 per token. For more info, here’s a guide on how to buy $SOLX. 3. FirstBroccoli ($BROCCOLI) – Another Hype-Backed Meme Coin up over 236% in the Last Month Although $FARTCOIN has been the center of attraction this past week, $BROCCOLI has posted some equally ridiculous gains. It’s up nearly 150% in the last seven days – and a whopping 221% in the last month. Moreover, its latest rally has broken out of the $0.014 resistance zone. This means $BROCCOLI is in a pole position to rally higher, with online predictions suggesting it could climb up to $0.60, close to its all-time highs. $BROCCOLI is similar to $FARTCOIN in that it, too, is a hype-backed token that relies on the favor of online crypto communities. What’s more, like Fartcoin, $BROCCOLI is also linked to a crypto celebrity. The token came into existence when Binance’s ex-CEO, CZ, publicly acknowledged the power of meme coins and suggested he’d be on board to launch one based on his pet dog, Broccoli. As soon as CZ revealed the name of his dog, multiple $BROCCOLI tokens sprung to the surface. However, only a few really got going. FirstBroccoli is one of them. Final Thoughts Although the success of $FARTCOIN is a positive signal we’re re-entering another meme coin bull run, we suggest treading on the side of caution. That’s because meme coins, especially those that rely heavily on the attention they get, can just as quickly go bust as they rocket to the moon. It’s advisable to only invest an amount you don’t mind losing. Additionally, kindly do your own research and due diligence before investing. Bear in mind that this article isn’t financial advice.
The trader faces a maximum penalty of six years in prison, though his guilty plea will likely reduce his sentence.
Bitcoin has broken out of a technical formation that may place it on track toward a decisive test zone between $96,200 and $102,100. If confirmed in the coming days, the movement would represent a major price development in Bitcoin’s ongoing market structure. A crypto analyst highlighted this zone as one where Bitcoin’s trajectory could either extend to new highs or face its next rejection. Related Reading: From Joke To Juggernaut: Dogecoin Value Revolution Gets Nod From Global Asset Giant Descending Broadening Wedge Breakout Clears Path To $100,000 Again Bitcoin’s price action in the past 24 hours is highlighted by a return to $85,000 as buying pressure started to creep in. Interestingly, this buying pressure has broken out above the upper trendline of a descending broadening wedge formation. This pattern is typically considered a reversal signal, and its breakout implies strong upward continuation if validated. The breakout of the formation was noted in an analysis posted on social media platform X by crypto analyst Titan of Crypto. Notably, the price chart shared by the analyst shows that the wedge formation has been taking place in the daily candlestick timeframe over the past three months. The wedge began forming after Bitcoin’s peak above $108,000 in late January and gradually widened. At the time of the analysis, Bitcoin’s price had already made two daily candlestick closes above the upper trendline of the broadening wedge. According to the analyst, the breakout will most likely be confirmed this week. If confirmed, this will open up the stage for a run above the $100,000 price level again or at least $96,200. Particularly, Titan of Crypto highlighted the region between $96,200 and $102,100 as the next target zone. The analyst emphasized that this range may act as the actual test of Bitcoin’s strength, as it will reveal whether the breakout leads to continuation or stalls into rejection. Image From X: Titan of Crypto Leverage Build-Up Points To $8 Billion Short Squeeze Potential Above $90,000 Crypto analyst Sensei also commented on Bitcoin’s current price structure, noting that a move to $90,000 could trigger a massive liquidation event. Based on data from Coinglass, more than $8 billion in short positions would be vulnerable if Bitcoin rose above $90,000 again. The cumulative short liquidation chart from Coinglass shows a large wall of leveraged short interest concentrated below that level across major exchanges like Binance, OKX, and Bybit. Image From X: Sensei Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think The data reflects a significant imbalance in the derivatives market, with short positions dominating until the $90,000 mark, beyond which liquidation-driven buying could intensify. If Bitcoin does push into this zone, the resulting cascade of liquidations among short positions may provide the momentum required to push the Bitcoin price toward the $96,200 to $102,100 target zone. At the time of writing, Bitcoin was trading at $84,706. Featured image from Freepik, chart from TradingView
A non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s Office for the Middle District of Pennsylvania.Waylon Wilcox, 45, admitted to filing false income tax returns for the 2021 and 2022 tax years. The former CryptoPunk investor pleaded guilty on April 9 to two counts of filing false individual income tax returns, federal prosecutors said in an April 11 press release.Back in April 2022, Wilcox filed a false individual income tax return for the tax year 2021, which underreported his income tax by roughly $8.5 million and reduced his tax due by approximately $2.1 million.In October 2023, Wilcox filed another false individual tax income return for the fiscal year of 2022, underreporting his income tax by an estimated $4.6 million and reducing his tax due by nearly $1.1 million.Wilcox pleads guilty to false tax filing, press release. Source: Attorney’s Office for the Middle District of Pennsylvania“The total maximum penalty under federal law for these offenses is up to six years of imprisonment, a term of supervised release following imprisonment, and a fine,” according to the statement. However, the exact details and timing of his sentence remain unclear.Related: NFT trader sells CryptoPunk after a year for nearly $10M lossThe trader bought and sold 97 pieces of the CryptoPunk NFT collection, the industry’s largest NFT collection, with a $687 million market capitalization.Source: CryptoPunksIn 2021, Wilcox sold 62 CryptoPunk NFTs for a gain of about $7.4 million but reported significantly less on his taxes. In 2022, he sold 35 more CryptoPunks for $4.9 million. The Department of Justice said Wilcox intentionally selected “no” when asked if he had engaged in digital asset transactions on both filings.“IRS Criminal Investigation is committed to unraveling complex financial schemes involving virtual currencies and NFT transactions designed to conceal taxable income,” Philadelphia Field Office Special Agent in charge Yury Kruty said, adding: “In today’s economic environment, it’s more important than ever that the American people feel confident that everyone is playing by the rules and paying the taxes they owe.” The case was investigated by the Internal Revenue Service (IRS) and the Criminal Investigation Department.Related: CZ claps back against ‘baseless’ US plea deal allegationsCrypto tax rules gain tractionCrypto tax laws attracted interest worldwide in June 2024 after the IRS issued a new crypto regulation making US crypto transactions subject to third-party tax reporting requirements for the first time.Since January, centralized crypto exchanges (CEXs) and other brokers have been required to report the sales and exchanges of digital assets, including cryptocurrencies.On April 10, US President Donald Trump signed a joint congressional resolution to overturn a Biden administration-era legislation that would have required decentralized finance (DeFi) protocols to also report transactions to the IRS.Set to take effect in 2027, the so-called IRS DeFi broker rule would have expanded the tax authority’s existing reporting requirements to include DeFi platforms, requiring them to disclose gross proceeds from crypto sales, including information regarding taxpayers involved in the transactions.However, some crypto regulatory advisers believe that stablecoin and crypto banking legislation should be a priority above new tax legislation in the US.A “tailored regulatory approach” for areas including securities laws and removing “obstacles in banking” is a priority for US lawmakers with “more upside” for the industry, Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs, told Cointelegraph.Magazine: SEC’s U-turn on crypto leaves key questions unanswered
Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a tight consolidation zone between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. Notably, renowned crypto analyst Ali Martinez has highlighted the potential next price target for the second-largest cryptocurrency. Related Reading: Ethereum Price Rebound: Breakout To $1,800 With These Two Supply Zones ETH Bulls Set Sights On $1,810 Resistance In an X post on April 12, Martinez shares an Ethereum price prediction using on-chain data from analytics company IntoTheBlock. Martinez’s post shows that Ethereum has now reclaimed a critical support level at a demand zone between $1,547 and $1,595. This zone represents a significant accumulation area, with approximately 5.48 million ETH held by 2.83 million addresses at an average purchase price of $1,574. The resurgence in buying activity around this price region indicates a considerable trading volume which is critical to sustaining the current bullish momentum. At press time, Ethereum trades at $1,642 showing signs of resilience following its recent breakout. If the price rally persists, Martinez explains the altcoin is headed for a strong resistance zone between $1,791.11 and $1,838.86. This area contains 1.61 million ETH held by 3.2 million addresses at an average price of $1,810. Notably, this zone is visualized in red indicating that many of these investors are “out of the money” and are likely to sell once prices recover— offering a potentially significant resistance to Ethereum’s ongoing rebound. If ETH bulls can surge past this resistance level, it could confirm a trend reversal for the altcoin following a consistent decline since the altcoin hit the $4,000 price zone in December 2024. Related Reading: NEAR Poised For Surge To $2.40 As Bullish Pattern Forms Ethereum Market Overview Generally, IntoTheBlock’s data shows 56.7% of ETH addresses are currently “in the money,” representing 8.3 million ETH worth about $13.24 billion. In contrast, 41.99% (6.14 million ETH) of holders are “out of the money,” suggesting the market sentiment still largely remains cautious. Meanwhile, only 191,830 ETH (1.31% of total volume) is considered “at the money,” signaling minimal congestion around the current price level, which may favor a swift move in either direction. At the time of writing, Ethereum continues to trade at $1,642 as earlier stated, with a price decline of 8.50% in the last week. Meanwhile, daily trading volume is down by 13.08% indicating a waning market interest which could be potentially harmful to the ongoing price rally. Featured image from iStock, chart from Tradingview
The meme coin market is bouncing back after Trump stopped plans to raise tariffs and new inflation data showed signs of slowing down. This positive news helped Bitcoin move closer to $85,000, which triggered buying interest in popular meme coins like Dogecoin and Shiba Inu. Still, both DOGE and SHIB are having trouble breaking past …
Ethereum co-founder Vitalik Buterin said he's experienced "near-zero pushback" on the idea of shipping Ethereum hard fork upgrades faster.
Solana is trading above the $125 mark after bulls stepped in with force, reclaiming critical technical levels and bringing some relief to a market that had been dominated by selling pressure. After weeks of steep declines and heightened volatility, Solana is finally showing signs of strength as buyers return and confidence starts to rebuild. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? The bounce came at a crucial moment, as SOL was on the verge of breaking into lower demand zones following a sharp 47% drop since early March. The shift in momentum has caught the attention of market participants, especially as broader market sentiment begins to stabilize. Top analyst Big Cheds shared a technical analysis on X, suggesting that Solana has “triggered a long thesis overnight” after reclaiming several key levels on the chart. His comments are fueling speculation that this move could mark the beginning of a broader recovery phase for SOL—provided bulls can hold current levels and build momentum from here. As traders monitor upcoming resistance and key indicators, the next few days will be crucial in determining whether Solana’s rally has legs—or if it’s just another short-lived bounce in a volatile macro environment. Solana Surges 40% As Long Thesis Takes Shape Solana has gained over 40% since last Monday, sparking renewed bullish sentiment and opening a debate among analysts and traders: is this the start of a sustained move higher, or will SOL consolidate around current prices? After weeks of persistent selling pressure, Solana has finally seen a wave of buying interest, bouncing strongly from a $95 low. This bounce marks one of the most aggressive reversals among major altcoins during the recent market correction. The surge came shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a 145% tariff. The announcement sparked relief rallies across risk assets, with Solana among the top beneficiaries. Big Ched’s analysis reveals that Solana triggered a long thesis after successfully reclaiming the $125 resistance level. This move is seen as a breakout confirmation, suggesting that a bullish structure may now be forming. However, global tensions and trade war fears continue to inject uncertainty into financial markets. For Solana, holding above the $120–$125 support zone will be key in determining whether the recent bounce has staying power—or if further consolidation is in store. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year Price Holds Above Key Moving Averages: Crucial Resistance Awaits Solana (SOL) is trading at $131 after finally breaking above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which sat around $125 and $128, respectively. This move signals a potential short-term trend shift in favor of the bulls, who are now holding some advantage after reclaiming these critical technical levels. The breakout came on strong volume, reinforcing the bullish momentum that emerged from last week’s bounce off the $95 low. However, for the rally to continue and higher highs to form, SOL must maintain its position above the $125 level and push toward the next major resistance around $146. Reclaiming this level would strengthen bullish conviction and confirm a recovery rally in the broader trend. Related Reading: Solana Approaches $125 – Will 2-Level Filter Trigger A Long Signal? Despite the recent strength, risks remain. If Solana fails to hold above $125, the bullish setup could unravel quickly, and the price may revisit the $100 demand zone. With global market volatility still elevated due to ongoing macroeconomic tensions, traders are watching this support-resistance range closely to determine whether SOL can sustain upward momentum or return to consolidation. Featured image from Dall-E, chart from TradingView
Prominent X market analyst Cryptododo7 has shared a bearish prediction on the Bitcoin market amidst an ongoing price rally. Notably, the premier cryptocurrency has moved from $75,000 to $86,000 over the past three days indicating a rising level of market demand. Despite this positive development, Cryptododo7 warns that the potential for a significant downside still exists. Related Reading: Is Bitcoin Price Returning To $74,000? Analyst Identifies Pattern That Suggests So Bitcoin Completes Bearish Pennant Formation – Price Fall To Follow? In a recent post on X, Cryptododo7 shares a technical analysis of the BTC market showing the formation of a bearish pennant. Notably, this development follows a double top formation, a classic reversal signal that aligns with the downward price action observed over the past three months. While recent market gains point to a rising bullish momentum, Cryptododo7 states that the bearish pennant formation signals much potential for a deeper price correction. The bearish pennant forms after a strong downward price move i.e. flagpole as seen when Bitcoin dropped from $96,000 to $76,000 in late February. The pennant follows this price decline, which is just a short period of consolidation where price action forms a small symmetrical triangle. This pattern is usually marked by lower highs and higher lows bringing about two converging trendlines as seen over the last six weeks. Following this consolidation, the market price is expected to break below the lower trendline confirming the intention of a price fall. According to Cryptododo7’s post, the lower boundary of the bearish pennant is positioned around $74,000. A decisive close below this level would validate the bearish pattern and signal a likely continuation of the downtrend, with a projected price target of $51,400. Cryptododo7 explains that $51,400 represents Bitcoin’s strongest support level as it aligns with the 200-week moving average. Amidst the current price rally, the analyst states that a retest to this support level is largely reasonable, especially considering ongoing macroeconomic developments. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst Bitcoin Faces Short Pressure From Binance Traders In other developments, crypto analyst Ali Martinez reports that 56.18% of Binance traders have opened short positions on Bitcoin, indicating that a majority of traders on the world’s largest exchange are predicting a price decline despite Bitcoin’s recent upward momentum. This development aligns with Cryptododo7’s bearish warning as a large volume of traders still hold a negative market outlook amidst recent gains. At the time of writing, Bitcoin trades at $85,416 following a 2.50% gain in the past 24 hours. Meanwhile, the daily trading volume is down by 40.07% and valued at $25.10 billion. Featured image from Pexels, chart from Tradingview
Bitcoin (BTC) holders were the first to point out flaws in the United States economic data and position themselves for the potential upside, says crypto entrepreneur Anthony Pompliano.“Bitcoiners were the first large-scale group to recognize the economic data was wrong, and they figured out a way to financially capture upside if they were right,” Pompliano said in an April 12 X post.Pompliano foresees more will realize data is “inaccurate”“The unspoken secret as to why so many finance folks are wrong in their analysis of the tariffs is because the finance folks believe the government data,” he added.Amid the widespread uncertainty and ongoing fear over US President Donald Trump’s imposed tariffs, Pompliano questioned the accuracy of US inflation figures, job numbers, and GDP statistics. He added that “eventually everyone else will realize the data is inaccurate.” It comes after Pompliano pointed out in a March 20 LinkedIn post, US Treasury Secretary Scott Bessent’s appearance on the All-In podcast, where Bessent was asked directly if he trusted the data — and replied, “no.”“Even the Treasury Secretary has now publicly acknowledged he doesn’t believe the data. He says we must listen to the people rather than blindly follow the government data reports.”Concerns about the reliability of US economic data have been brewing for a while. A July 2024 report argued that new approaches are needed to “ensure government statistics remain dependable.”Source: Anthony PomplianoIt comes as ongoing concerns over Trump’s imposed tariffs have led some crypto analysts to reinforce the idea that Bitcoin could outlast the US dollar in the long run.Bitwise Invest head of alpha strategies Jeff Parks said on April 9 that there is a “higher chance Bitcoin survives over the dollar in our lifetime after today.” Over the past five days, the US dollar index (DXY) has dropped 3.19%, currently sitting at 99.783 at the time of publication, according to TradingView data.The US dollar index is down 8.06% since the beginning of 2025. Source: TradingViewSeveral Wall Street analysts were under the belief that Trump’s imposed tariffs would bolster the US dollar, according to a recent Wall Street Journal report. Pompliano said, “The mainstream finance conversation has become an intellectual boondoggle where most people regurgitate ill-informed takes based on bad data.”Analysts recently pointed out Bitcoin’s recent breakaway from stocksAnalysts even pointed out that while the stock market was “tanking” on April 4 amid tariff uncertainty, Bitcoin didn’t decline as much as expected. During periods of macroeconomic uncertainty, Bitcoin and crypto assets have historically been more volatile than the stock market.Related: Bitcoin price soars to $83.5K — Have pro BTC traders turned bullish?On April 4, Cointelegraph reported that Bitcoin was steady above the $82,000 level, and as US equities markets collapsed, Bitcoin rallied to $84,720, reflecting price action, which is uncharacteristic of the norm.Meanwhile, former BitMEX CEO Arthur Hayes said Bitcoin may be entering what he calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value.Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
Ethereum surprised the market with a powerful bounce on Wednesday, surging more than 21% from its recent low of $1,380. The move came shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a 145% tariff. This development injected optimism into global markets, triggering a broad recovery across risk assets — with ETH among the top beneficiaries. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? Despite the relief rally, Ethereum still trades below critical technical levels, and the broader price structure suggests ongoing consolidation rather than a confirmed reversal. Analysts remain cautious, as the asset’s inability to reclaim the $1,800–$2,000 range keeps the long-term trend in question. However, on-chain data from CryptoQuant adds an intriguing layer to the current outlook. Ethereum’s price is still trading below its realized price — the average price at which all ETH in circulation last moved. Historically, this scenario has represented a high-probability accumulation zone, often appearing once per cycle. According to some analysts, this could present a rare buying opportunity for contrarian investors willing to look beyond short-term volatility and macro uncertainty. As Ethereum continues to consolidate, all eyes are on whether bulls can build on this momentum. Ethereum Faces Critical Test Amid Volatility And Trade Tensions Ethereum is at a pivotal point after enduring weeks of relentless selling pressure and extreme volatility. The broader market has been shaken by macroeconomic uncertainty and escalating global trade tensions, with US tariffs under Trump’s administration continuing to rattle investor confidence. The crypto market, particularly altcoins like Ethereum, has taken the brunt of this instability. ETH has lost over 60% of its value since late December, raising fears of a prolonged bear market. However, a shift may be unfolding. Bulls are beginning to reappear, with Ethereum bouncing and setting a strong support above $1,400. This recovery follows aggressive price swings not only in crypto but also in global equities, which have seen significant rebounds following the announcement of a 90-day pause on reciprocal tariffs for all countries except China. Still, Ethereum remains below crucial resistance levels, especially the $2,000 mark — a level that represents more than just a psychological barrier. According to top analyst Quinten Francois, ETH is currently trading under its realized price, which averages the cost basis of all coins in circulation. Historically, such conditions have presented rare buying opportunities. Francois suggests this might be a once-in-a-cycle — or even once-in-a-lifetime — chance for long-term investors to accumulate ETH at undervalued levels. The coming days will determine whether bulls can reclaim key resistance and shift sentiment toward a sustained recovery. Related Reading: Solana Approaches $125 – Will 2-Level Filter Trigger A Long Signal? Price Action Details: Key Levels To Reclaim Ethereum is currently trading at $1,650 after failing to break above the $1,700 level, a psychological and technical barrier that continues to cap bullish momentum. Despite a sharp rebound earlier in the week, ETH remains stuck in a consolidation range and is struggling to find direction amid broader market uncertainty. For bulls to regain control and initiate a stronger recovery, Ethereum must push above the $1,850 mark — a level aligned with the 4-hour 200-day moving average (MA) and exponential moving average (EMA). These indicators have acted as short-term resistance since ETH fell below the $2,000 mark in February and reclaiming them is critical for confirming a shift in trend. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year However, if Ethereum fails to break above $1,750 in the coming days, downside risk increases significantly. A rejection at current levels could trigger another wave of selling, potentially sending the price below the $1,500 support zone. This would put further pressure on bulls and undermine recent gains. With market sentiment still fragile and macroeconomic uncertainty weighing on investor confidence, Ethereum remains at a crucial juncture where a decisive move above resistance is needed to shift the outlook from bearish to neutral. Featured image from Dall-E, chart from TradingView
The price of Ethereum has fallen on tough times during the second quarter of 2025, dipping to a low of $1,415 before somewhat recovering to linger around the $1,500 level. Crypto analysts are now offering their thoughts on what is driving the largest altcoin’s recent woes. Related Reading: From Joke To Juggernaut: Dogecoin Value Revolution Gets Nod From Global Asset Giant Bankless Cofounder Points To Community Attitude Problems David Hoffman, a co-founder of Bankless, has turned to social media site X to opine about Ethereum’s price issues. In Hoffman’s view, the actual problem isn’t what most mainstream critics have their attention on – rather, he thinks that Ethereum’s leadership and community culture are driving users away. Hoffman pointed to two particular instances of this issue: public expulsion of ETH staking platform Lido Finance and the brutal treatment of some traders who were referred to as “degenerate.” He asserts these actions demonstrate a trend of alienating users and builders on the network. ‘Stop Policing Behavior,’ Hoffman Says The cryptocurrency executive contends that Ethereum’s effort to manage user activity on what is supposed to be a permissionless blockchain has emerged as a central reason for its price drop. Everyone is midcurving why ETH’s price performance has sucked Ethereum leadership and culture have alienated users and builders by being hostile to its own app layer. We publicly exorcised @LidoFinance. We’ve shunned traders and degens. On a permissionless chain, we’ve tried… — David Hoffman (@TrustlessState) April 12, 2025 “If we want ETH to grow, the EF and larger community need to begin bringing in users and builders, not driving them away with a holier-than-thou culture,” Hoffman wrote in his post. According to reports, the Lido Finance platform has in the past received strong criticism from the Ethereum community regarding regulatory issues, centralization, and security concerns. On the other hand, some traders were accused of creating high gas prices and failing to back long-term projects. Ethereum Price Indicates Signs Of Recovery In spite of all this, Ethereum’s price has demonstrated a little life in the form of a 3% jump within a 24-hour time frame. This arrives at a vital juncture, as ETH had reportedly reached a five-year low in correlation to Bitcoin. There are some believers among the community. Leo Glisic is one of them who hopes for positive upside on Ethereum given its position as “infrastructure” for the future global financial system. In the opinion of Glisic, “Ethereum will be the settlement and interoperability layer, which is a winner-take-all market.” Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Featured image from Pexels, chart from TradingView
Crypto gaming and gambling campaigns are the most expensive way to acquire users with existing crypto wallets, ranking highest in cost among all sectors of the crypto industry, recent data shows.“Gaming and gambling campaigns are the most expensive, with a median CPW of $8.74 and a lower quartile of $3.40,” Web3 marketing firm Addressable co-founder Asaf Nadler said in a recent report posted on X. CPW, or cost per wallet, is deemed a higher “quality” metric because it tracks the cost of website visitors with a crypto wallet already installed in their browser.“Higher churn” rate may be to blameNadler previously told Cointelegraph that their analysis data showed that users with a wallet are more likely to convert to crypto products. CPW across different regions during the bull markets in Q1 an Q4 of 2024. Source: Asaf NadlerNadler said the high cost-to-return ratio of crypto gaming and gambling might be due to “higher churn, speculative behavior, and intense competition.” He added:“If Web3 gaming is truly “inevitable,” we need to find a more powerful UA engine to make it as sustainable as in Web2.”However, Axie Infinity co-founder Jeff “JiHo” Zirlin said in an April 11 post on X that periods of high CPW are a good time to experiment.“Create new games/product lines, consolidate our market share, and get ready for the next market expansion,” Zirlin said. “Know when it's a coiling phase. Know when it's time to explode,” he added.Meanwhile, decentralized finance (DeFi) and Centralized Finance (CeFi) campaigns have it a lot easier with attracting new crypto users. “DeFi/CeFi campaigns are the most cost-efficient, with a median CPW of $2.79 and a lower quartile of just $0.10,” the report said.The results are based on 200 programmatic campaigns run on Addressable by over 70 advertisers, claiming to target an estimated 9.5 million users globally. CPW results across various sectors of the crypto industry. Source: Asaf NadlerIt tracks how CPW varies across market cycles, regions, campaign strategies, and audience segments.Premium markets cost more to reach crypto users during downturnsNadler said that while premium markets experience low-cost conversions for existing crypto wallet holders during bull runs, attracting their attention becomes significantly more expensive during market downturns. Related: Trump kills DeFi broker rule in major crypto win: Finance RedefinedHe highlighted that in 2024, the US and Western Europe saw CPW increase by four times and 27 times, respectively, between Q1 and Q3, as the markets continued to consolidate and interest from crypto wallet holders waned.“While these markets provide scale and quality during bull runs, they become significantly more expensive when sentiment turns bearish, making them less sustainable during downturns,” Nadler said.Meanwhile, emerging markets like Latin America and Eastern Europe “offer exceptionally low CPW in favorable conditions but can experience extreme cost volatility.” Magazine: Bitcoin eyes $100K by June, Shaq to settle NFT lawsuit, and more: Hodler’s Digest, April 6 – 12
Technical expert Tony Severino has warned that the Bitcoin/VIX is not as bullish as market participants might believe. Instead, the expert revealed that the current indicators point to the flagship crypto being in a bear market. Bitcoin/VIX Points To A Bear Market: Analyst In an X post, Severino warned that the Bitcoin/VIX isn’t bullish as some crypto influencers might paint it out to be. He remarked that the technical analysis of it suggests that the current signals are what market participants tend to see during Bitcoin bear markets. However, the expert noted that the month isn’t over yet, which suggests that these indicators could still turn bullish. Severino previously highlighted several reasons why he is no longer bullish on Bitcoin and other crypto assets. Back then, he alluded to BTC’s chart, which, based on the Elliott Wave theory and other technical indicators, showed that the flagship crypto has likely topped in this market cycle. Amid Severino’s warning, crypto analysts like Saeed have offered a more bullish outlook for Bitcoin. Saeed stated that this correction is simply a healthy retracement and that the flagship crypto’s broader trend is still bullish. The analyst highlighted $85,000 as the level Bitcoin needs to break above to reach new highs. The macro side also looks to be bullish for Bitcoin at the moment. The latest CPI and PPI inflation data, which were released, came in lower than expectations, raising hopes of a Federal Reserve rate cut soon. According to a recent report, Boston Fed President Susan Collins also assured that the US central bank is ready to help stabilize the market if necessary. With US President Donald Trump’s tariffs persisting, the US Fed might have to step in soon, which is bullish for Bitcoin and other crypto assets, as more liquidity will flow into them. Bullish Technical Analysis For BTC In a recent X post, crypto analyst Titan of Crypto revealed that Bitcoin is forming an inverse Head-and-Shoulders pattern, although it still looks like a clean retest for now. He remarked that if this pattern plays out, the flagship crypto could reach $125,000 this year, marking a new all-time high (ATH). Meanwhile, crypto analyst Rekt Capital revealed that Bitcoin is developing another Higher Low on the Relative Strength Index (RSI) while forming Lower Lows on the price. He noted that throughout the cycle, BTC has formed bullish divergences like this on a few occasions. This is a positive for the flagship crypto, as each divergence has always preceded reversals to the upside, indicating that BTC could again rally to the upside soon. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows At the time of writing, Bitcoin price is trading at around $83,400, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from TradingView
Bitcoin could be setting the stage for a major reversal, according to crypto analyst BTCEarth. In a recent post on X, the analyst pointed to a key support zone that continues to hold firm, reinforcing the possibility of a bottom formation. Notably, the analyst said the price action has “respected the long-standing blue support line”, originally established around the “Trump rally breakout.” Current structure suggests a “possible bottom formation near this zone, supported by volume and historical price behavior.” With volume backing the move and historical price behavior aligning, BTCEarth believes the current structure may mark the early signs of a bullish turnaround for Bitcoin. Impending Price Recovery For Bitcoin? BTCEarth pointed out that the blue horizontal support line on his chart aligns closely with Bitcoin’s early breakout in September 2024. This level has since acted as a crucial support zone, having been retested multiple times throughout the past months. Notably, the most recent price touches at $74,434 and $74,588 appear to have formed another significant bottom. Related Reading: Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger According to BTCEarth, the repeated validation of this support suggests that Bitcoin is building a strong foundation. If this structure holds, it could pave the way for a bullish reversal, especially as momentum and historical price behavior support a potential breakout from this area. BTCEarth also emphasized that Bitcoin is currently trading within a falling wedge pattern. In his chart, Line D serves as the support base while Line E marks the descending resistance. The price action has continued to compress within this narrowing structure, signaling a breakout on the horizon. He noted that a confirmed move above Line E, especially one sustained over multiple daily candle closes, would validate the pattern and confirm a bullish reversal. Such a breakout could set the stage for a stronger upward trend as traders recognize the shift in market structure. Key Resistance And Buying Zones BTCEarth highlighted that the accumulation zone between $74,000 and $75,000 remains intact, offering a favorable risk-reward setup for long positions. The immediate resistance lies at $80,000. Further resistance is found between $86,000 and $88,000, an area of historical consolidation and heavy volume. A breakout above this zone would significantly strengthen Bitcoin. Related Reading: Bitcoin’s Bullish Fate Hinges On These 2 Resistance Zones – Details Beyond that, he pointed out that the major horizontal resistance near $100,000 remains the ultimate target. This level represents a psychological milestone and a crucial technical threshold. If Bitcoin builds enough momentum to clear it, it could pave the way for a fresh leg up in the long-term bullish cycle. In conclusion, BTCEarth highlighted that Bitcoin is stabilizing above a critical support zone, with the price structure suggesting a potential bottom formation. A breakout above Line E could spark a powerful bullish move toward the $88,000–$100,000 range. However, until this breakout occurs, caution remains crucial, and maintaining a hold strategy is advised. Featured image from Adobe Stock, chart from Tradingview.com
The former CEO of Binance, Changpeng Zhao or CZ, agreed to assist prosecutors in building their case against Justin Sun, the founder of Tron, The Wall Street Journal reported on April 12. The exclusive report that cited anonymous sources familiar with the matter stated: “As part of Zhao’s plea deal, he agreed to give evidence […]
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Despite rolling out a large number of upgrades and innovations, the Ethereum price continues to lag behind Bitcoin (BTC) by a wide margin. Reports reveal that ETH has suffered a staggering 77% price crash against BTC — a decline likely fueled by a mix of technical, macro, and sentiment-driven factors. Notably, On-chain analytics platform, Santiment has now pinpointed and broken down the key reasons behind these price struggles. Ethereum Price Nosedives Against Bitcoin On April 11, Santiment released a detailed report on Ethereum, highlighting its almost four-year underperformance and the reasons behind it. Ethereum, once revered as the cryptocurrency most likely to dethrone Bitcoin, has recently suffered a brutal price decline when measured directly against BTC. Related Reading: Ethereum Pain Is Far From Over: Why A Massive Drop To $1,400 Could Rock The Underperformer According to Santiment’s on-chain data, Ethereum has crashed by approximately 77% against Bitcoin since December 2021. While the dollar value of ETH hasn’t completely collapsed, especially compared to other altcoins, the long-term BTC/ETH ratio still paints a gruesome picture for Ethereum holders. Notably, Ethereum has also failed to recover anywhere near its November 2021 all-time high of $4,760. In contrast, Bitcoin has surged ahead, reclaiming much of its market dominance and outpacing ETH across almost every timeframe. This disparity has led many traders and former maximalists to compare ETH to a “shitcoin.” Even worse, various mid to low-cap altcoins have already outperformed Ethereum over the short, mid, and long-term timeframes, causing further embarrassment for the world’s second-largest cryptocurrency by market capitalization. Based on Santiment’s report, the ETH/BTC price ratio chart alone is enough to trigger doubt and uncertainty among long-term holders. Behind The Scenes Of Ethereum Price Struggles Beyond price action and market volatility, Santiment reveals that there are fundamental reasons for Ethereum’s sluggish performance over the years. Some of the major criticisms that analysts and traders have pinpointed include technical, sentimental, and regulatory issues. Related Reading: Ethereum Goes Head To Head With XRP: Analyst Says ETH Will Outperform For This Reason Ironically, Ethereum’s Layer 2 solutions are one of the key drivers of its underperformance. L2 solutions like Arbitrum, Optimism, and zkSync are reportedly cannibalizing activity on the mainnet, taking investments from ETH while spreading investor attention thin. Secondly, Ethereum seems to struggle with complex roadmaps and communication, which has led to investor confusion. Major updates like The Merge and Shanghai have been difficult for investors to comprehend, making ETH feel less accessible than BTC. Thirdly, users remain frustrated by Ethereum’s relatively high gas fees and the slow rollout of key upgrades. This has pushed them toward more affordable and faster alternatives, significantly reducing adoption. Another primary reason for Ethereum’s crash against Bitcoin is ongoing regulatory concerns. Unlike Bitcoin, which has a more established legal precedent, Ethereum faces constant uncertainty about whether it could be labeled a security. Other points include ETH’s lack of investment appeal. While Bitcoin maintains the title as a stable digital gold, Ethereum appears to be caught in between, having no clear or attractive investment narrative. Moreover, newer blockchains like Solana and Cardano are also attracting a significant number of users with cheaper and faster solutions, ultimately pulling investments away from ETH. The final reason Santiment has identified for Ethereum’s long-term price descent is rising selling pressure. Post-upgrade withdrawals of stakes ETHs have created steady sell-side pressure, limiting growth and momentum compared to Bitcoin. Featured image from Unsplash, chart from Tradingview.com
The Bitcoin price had a rollercoaster journey over the past week, falling to its lowest level in six months on Wednesday, April 9. The flagship cryptocurrency showed some resilience, recovering above the $80,000 level after United States President Donald Trump paused trade tariffs on all countries except China. BTC seems to be starting the weekend on a strong foot, returning to above $83,000 in the late hours of Friday. However, the price of BTC appears to be enjoying only a temporary relief, as a prominent crypto analyst has identified a pattern that could decide the coin’s trajectory over the next few weeks. BTC At Risk Of Another Correction Due To Double Top Pattern In an April 11 post on the X platform, crypto analyst Ali Martinez shared an interesting outlook on the price of Bitcoin following its recent recovery rally. According to the online pundit, this latest surge could be a precursor to another Bitcoin price correction to around the $74,000 level. Related Reading: XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30 This bearish prediction is based on the potential formation of the “double top” pattern on the BTC hourly chart. The Double Top pattern is a technical analysis formation that looks like the letter “M”, consisting of two consecutive price tops. The double top pattern is typically a rare appearance on most charts, indicating that investors are looking to book their profits from an extended bullish trend. Hence, the “M” pattern can be a strong signal of trader exhaustion and bearish reversal. Interestingly, the above chart shows that the Bitcoin price just completed a “double bottom” pattern — the opposite iteration of the Double Top — on the hourly timeframe. The double top saw the premier cryptocurrency fall from above $83,000 to around $74,000 in the space of two days. With the price of BTC seemingly topping out around the $84,000 mark, a potential “M’ pattern appears to be forming on the hourly chart. If the Bitcoin price fails to break the resistance around the $84,000, the market leader could be gearing for another price breakdown. It is worth watching out for the support cushion around the $78,000 level, where the BTC price last bounced back to above $83,000. However, a confirmed close below this support region could imply a deeper correction toward $74,000 — a nearly 15% drop from the current price point. Bitcoin Price At A Glance As of this writing, the price of Bitcoin stands at around $83,800, reflecting an over 5% price jump in the past 24 hours. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst Featured image from iStock, chart from TradingView
Prominent crypto analyst Ali Martinez has shared a bullish prediction on the NEAR market suggesting a potential 15% gain is on the horizon. Amidst a major downtrend, Martinez’s latest forecast reveals the altcoin could soon see a significant market rebound. Related Reading: Is It Time For Altcoin Season? Bitcoin Dominance Rises To Major Rejection Zone Inverse Head-And-Shoulders Pattern Forms As NEAR Prepares For Rally In an X post on April 11, Ali Martinez shows a technical analysis of the NEAR 3-day chart revealing the formation of an inverse head-and-shoulders pattern which signals a potential price upswing. In financial markets, the inverse head-and-shoulders pattern is a bullish formation that often acts as a reliable indicator of a trend reversal. As the name implies, it consists of three troughs in the form of the left shoulder, the deeper “head”, and the right shoulder as evidenced by the price action between April 7 and April 11 on the NEAR chart. Notably, a descending neckline connects the highs between these troughs and serves as a key resistance level. According to Ali Martinez, NEAR is gradually approaching this neckline, a decisive breakout above which would confirm the bullish reversal and initiate a price rally toward 2.40. Interestingly, NEAR’s relative strength index on its daily chart has recently left the oversold zone backing Martinez’s prediction of an impending price reversal. However, market bulls should still expect to face some resistance at the 1.000 and 1.272 Fibonacci extension levels at $2.10 and $2.34. On the other hand, if the NEAR bulls fail to break above the descending neckline, it could invalidate the current bullish setup and potentially force a price fall to support levels around the $1.96 and $1.82 price zones. Related Reading: XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30 NEAR Price Outlook At the time of writing, NEAR is trading at $2.09 following a price gain of 4.34% in the past day. On larger time frames, the altcoin is down by 16.12% on the weekly chart and 17.58% on the monthly chart showing short-term investors are holding significant losses. According to data from CoinCodex, the general sentiment in the NEAR market remains highly bearish. Meanwhile, the Fear & Greed Index stands at 25 reflecting an Extreme Fear among investors. Contrary to Martinez’s positive predictions, these analysts predict NEAR to maintain its current downtrend in the short term with predictions of $2.07 in five days and $1.90 in a month. In the long term, Coincodex still maintains a bearish outlook on the NEAR market projecting a market price of $1.58 in three months i.e. a potential 24% decline from current market prices. Featured image from Pintu, chart from Tradingview
Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025.The chairman also noted the Senate Banking Committee's advancement of the GENIUS Act, a comprehensive stablecoin regulatory bill, in March 2025, as evidence that the committee prioritizes crypto policy. In a statement to Fox News, Scott said:"We must innovate before we regulate — allowing innovation in the digital asset space to happen here at home is critical to American economic dominance across the globe."Scott's timeline for a crypto market structure bill lines up with expectations from Kristin Smith, CEO of the crypto industry advocacy group Blockchain Association, of market structure and stablecoin legislation being passed into law by August.The Trump administration has emphasized that comprehensive crypto regulations are central to its plans for protecting the value of the US dollar and establishing the country as a global leader in digital assets by attracting investment into US-based crypto firms.Senator Tim Scott highlights the Senate Banking Committee’s goals and accomplishments in 2025. Source: Fox NewsRelated: Atkins becomes next SEC chair: What’s next for the crypto industrySupport for comprehensive crypto regulations is bipartisanUS lawmakers and officials expect clear crypto policies to be established and signed into law sometime in 2025 with bipartisan support from Congress.Speaking at the Digital Assets Summit in New York City, on March 18, Democrat Representative Ro Khanna said he expects both the market structure and stablecoin bills to pass this year.The Democrat lawmaker added that there are about 70-80 other representatives in the party who understand the importance of passing clear digital asset regulations in the United States.Treasury Secretary Scott Bessent, pictured left, President Donald Trump in the center, and crypto czar David Sacks, pictured right, at the White House Crypto Summit. Source: The White HouseKhanna emphasized that fellow Democrats support dollar-pegged stablecoins due to the role of dollar tokens in expanding demand for the US dollar worldwide through the internet.Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, also spoke at the conference and predicted that stablecoin legislation would be passed into law within 60 days.Hines highlighted that establishing US dominance in the digital asset space is a goal with widespread bipartisan support in Washington DC.Magazine: How crypto laws are changing across the world in 2025
Dogecoin has been under heavy selling pressure in recent weeks, with global tensions and macroeconomic instability dragging down risk assets across the board. The broader market correction, fueled by fears of a global recession and escalating trade disputes, hit meme coins especially hard—Dogecoin among them. After setting fresh local lows, DOGE now appears to be mounting a recovery attempt. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year In a potential shift of sentiment, Dogecoin is beginning to move to the upside, testing key resistance levels that could determine the next phase of its trend. The return of bullish momentum comes as fresh on-chain data from Santiment reveals a noteworthy development: whales have bought over 80 million DOGE in the last 24 hours. This aggressive accumulation by large holders has sparked renewed optimism, signaling growing confidence among major players despite the broader market’s uncertainty. With volatility still elevated and DOGE sitting at a technical inflection point, the coming days will be critical. Whether this whale activity marks the start of a broader uptrend or just a temporary bounce remains to be seen—but for now, the data points to a shift in momentum that investors will be watching closely. Dogecoin Struggles To Recover As Global Tensions Weigh On Markets Dogecoin has been one of the hardest-hit cryptocurrencies during the recent market downturn, shedding over 70% of its value since its December highs. Once viewed as a symbol of retail enthusiasm and viral momentum, DOGE is now leading the meme coin segment into a deeper drawdown. Investors who had high hopes for a continuation of last year’s uptrend are now facing a reality check, as macroeconomic instability and geopolitical risk continue to pressure high-volatility assets. US President Donald Trump’s recent escalation of tariff measures—coupled with retaliatory actions from China—has heightened fears of a prolonged trade war, adding uncertainty to already fragile markets. Equities, commodities, and crypto have all experienced extreme volatility, but meme coins like Dogecoin have suffered the most. Without a strong use case or fundamental backing, sentiment-driven assets like DOGE tend to face the heaviest selling when risk aversion spikes. Despite the broader negativity, there are hints of accumulation that could offer hope for a turnaround. According to data shared by top crypto analyst Ali Martinez, whales bought over 80 million DOGE in the last 24 hours. This buying activity suggests that some large players are viewing the current levels as attractive entry points—even if a full recovery has yet to materialize. For now, Dogecoin remains in a vulnerable position, but rising whale interest could be a signal worth monitoring. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst DOGE Battles Key Resistance After 25% Surge From Local Lows Dogecoin is trading at $0.163 after a strong 25% rebound from the recent low of $0.13, signaling a potential shift in momentum following weeks of persistent selling pressure. The meme coin, which had been one of the worst performers during the recent market downturn, is now testing a critical resistance zone that could determine its next move. Bulls are now eyeing the 4-hour 200 moving average (MA) and exponential moving average (EMA), both positioned around the $0.17 mark. Reclaiming this level is essential to confirm short-term strength and spark a sustainable recovery rally. So far, price action suggests growing interest, but macroeconomic headwinds and market-wide caution continue to limit upside potential. Related Reading: Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend On the flip side, if Dogecoin fails to break through $0.17 and slips below current levels, the risk of a deeper correction remains in play. Such a move could push the price back toward the $0.14–$0.13 support zone, erasing recent gains. As volatility remains elevated across the crypto market, DOGE traders will be closely watching this resistance level for signs of confirmation—or rejection. Featured image from Dall-E, chart from TradingView
The group’s director of business development, a speaker at this year’s Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC.
The goal should be to design tools that make crypto accessible, secure, and simple — without sacrificing self-custody or decentralization, says Katelyn Perna, Crypto Chief Information Security Officer, Robinhood.
The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon Musk. According to anonymous sources who spoke with WIRED, the government agency will no longer issue its customary letters and press releases to communicate changes to the public, instead relying on X as its primary form of public-facing communication. The shift comes as the SSA downsizes its workforce from 57,000 employees to roughly 50,000 to reduce costs and improve operational efficiency. The agency issued this statement in February 2025:“SSA has operated with a regional structure consisting of 10 offices, which is no longer sustainable. The agency will reduce the regional structure in all agency components down to four regions. The organizational structure at Headquarters also is outdated and inefficient.”Elon Musk, the head of DOGE, has accused the Social Security system of distributing billions of dollars in wrongful payments, a claim echoed by the White House. Musk's comments sparked intense debate about the future of the retirement program and sustainable government spending.Source: Elon MuskRelated: Musk says he found ‘magic money computers’ printing money ‘out of thin air’DOGE targets US government agencies in efficiency pushThe Department of Government Efficiency is an unofficial government agency tasked with identifying and curbing allegedly wasteful public spending through budget and personnel cuts.In March, DOGE began probing the Securities and Exchange Commission (SEC) and gained access to its internal systems, including data repositories.SEC officials signaled their cooperation with DOGE and said the regulatory agency would work closely with it to provide any relevant information requested.Musk and Trump discuss curbing public spending and eliminating government waste. Source: The White houseDOGE also proposed slashing the Internal Revenue Service's (IRS) workforce by 20%. The workforce reduction could impact up to 6,800 IRS employees and be implemented by May 15 — exactly one month after 2024 federal taxes are due.Musk’s and the DOGE's proposals for sweeping spending cuts are not limited to slashing budgets and reducing the size of the federal workforce.DOGE is reportedly exploring blockchain to curb public spending by placing the entire government budget onchain to promote accountability and transparency.Magazine: Elon Musk’s plan to run government on blockchain faces uphill battle
Ethereum (ETH) prices have surged by over 3% in the past day in line with a bullish upswing across the broader crypto market. However, Ethereum on-chain data reveals the altcoin has stumbled in a range-bound market hinting at a potentially prolonged sideways movement. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year Ethereum Trapped In $1,548 – $1,599 Range – Glassnode In a recent post on X, prominent blockchain analytics firm Glassnode reports that Ethereum is trading in a tight range between $1,548 and $1,599. This development is revealed by the asset’s cost basis distribution (CBD), which shows the various price levels at which current ETH holders bought their coins. CBD is an important on-chain metric used to identify potential support or resistance levels based on the accumulation levels seen at price zones. According to Glassnode, a combined 1.53 million ETH, valued at $2.4 billion, was acquired between $1,548 and $1,599 indicating a high level of investor interest at these price regions. In particular, 793,900 ETH currently in circulation was purchased at $1,548, ultimately transforming this price floor into a major support zone for the current Ethereum price. Meanwhile, 732,400 ETH is held by investors at $1,599 representing a significant price barrier to any upward price movement. Interestingly, Ethereum has tested both price zones over the past day failing to produce either a price breakout or breakdown. Considering the accumulation level at both prices, the altcoin might maintain a range-bound movement barring the introduction of a market catalyst. Interestingly, such price behavior would align with the broader market uncertainty amidst unstable macroeconomic factors and tightening liquidity conditions. Related Reading: XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30 Important Ethereum Support Forms At $1,461 In other developments, Glassnode also notes that Ethereum bulls are building a critical support zone at $1,461 at which 380,000 ETH, valued at $595.8 million have been acquired. In the case of any breakdown from the current consolidation zone, this price level is expected to act as the next major support preventing any further downside. However, a daily price close below $1,461 could cause ETH to trade as low as $1,400 or $1,200. At the time of writing, Ethereum trades at $1,562 reflecting a 3.35% gain in the past 24 hours. However, the ETH market remains in a deep corrective phase with 14.56% and 18.45% losses in the last seven and thirty days, respectively. Meanwhile, the asset’s daily trading volume has declined by 34.06%, indicating a fall in market participation and a potential reversal of the recent rally, which would allow Ethereum to maintain a range-bound movement. Featured image from Bankrate, chart from Tradingview
Decentralized AI has thus far attracted $917 million in VC and private equity money, according to Tracxn.