The crypto market is stabilizing as Bitcoin (BTC) recovers above $85K, with Ethereum and XRP prices maintaining above $1,500 and $2 respectively. This comes after China announced new tariffs on U.S. imports in response to President Donald Trump’s 145% tariff on Chinese products. Additionally, this week’s CPI and PPI data came below expectation, boosting the …
If you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal. With the new deadline set for May 16, 2025, thousands of affected users now have extra time to gather documents and submit …
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from reciprocal tariffs, giving the tech industry a much-needed respite from trade pressures.According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ‘reciprocal’ trade tariffs. "Large-cap technology companies will ultimately come out ahead when this is all said and done," The Kobeissi letter wrote in an April 12 X post.US Customs and Border Protection announces tariff exemptions on select tech products. Source: US Customs and Border ProtectionThe tariff relief will take the pressure off of tech stocks, which were one of the biggest casualties of the trade war. Crypto markets are correlated with tech stocks and could also rally as risk appetite increases on positive trade war headlines.Following news of the tariff exemptions, the price of Bitcoin (BTC) broke past $85,000 on April 12, a signal that crypto markets are already responding to the latest macroeconomic development.Related: Billionaire investor would ‘not be surprised’ if Trump postpones tariffsMarkets hinge on Trump's every word during macroeconomic uncertaintyPresident Trump walked back the sweeping tariff policies on April 9 by initiating a 90-day pause on the reciprocal tariffs and lowering tariff rates to 10% for countries that did not respond with counter-tariffs on US goods.Bitcoin surged by 9% and the S&P 500 surged by over 10% on the same day that Trump issued the tariff pause.Macroeconomic trader Raoul Pal said the tariff policies were a negotiation tool to establish a US-China trade deal and characterized the US administration's trade rhetoric as "posturing."Bitcoin advocate Max Keiser argued that exempting select tech products from import tariffs would not reduce bond yields or further the Trump administration's goal of lowering interest rates.Yield on the 10-year US government bond spikes following sweeping trade policies from the Trump administration. Source: TradingViewThe yield on the 10-year US Treasury Bond shot up to a local high of approximately 4.5% on April 11 as bond investors reacted to the macroeconomic uncertainty of a protracted trade war."The concession just given to China for tech exports won’t reverse the trend of rates going higher. Confidence in US bonds and the US Dollar has been eroding for years and won’t stop now," Keiser wrote on April 12.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.Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
After weeks of slow movement, Pi Coin made a strong comeback, jumping more than 25% in just one day. The price soared past $0.75 and is now sitting at $0.72, making it the top-performing major altcoin today. In the past 24 hours alone, Pi is up nearly 30%, with a 52% gain over the last …
XRP has staged an impressive recovery to reclaim the $2 price level after plunging to a weekly low of $1.657 in a steep midweek correction. The rebound comes at a crucial time for the cryptocurrency, with analysts paying closer attention to historical price behaviors and bullish technical patterns. Among them is EGRAG CRYPTO, a popular XRP analyst on X, who believes that the cryptocurrency could be on the cusp of a monumental surge reminiscent of its previous bull cycles in 2017 and 2021. The Power Of Time Cycles And Exponential Moving Averages EGRAG’s technical analysis focuses on a recurring structure seen in XRP’s past cycles, using the 21-period Exponential Moving Average (EMA) and 33-period Moving Average (MA) on the biweekly timeframe. According to his analysis, which was revealed on social media platform X, both the 2017 and 2021 rallies were preceded by similar technical setups: a sustained bottoming process lasting around 770 days followed by a bullish reversal. Related Reading: This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets These phases were marked by what he described as “blow-off tops,” where XRP posted parabolic gains after bouncing off the 21 and 33 exponential moving averages. The current market structure, EGRAG noted, aligns closely with those previous cycles. After a prolonged bearish trend and a second recorded “bearish cross” in 2022, XRP has once again moved above both the 21 EMA and 33 MA. In his view, this sets the stage for a similar breakout scenario, one that could play out before the end of 2025. EGRAG uses this pattern to suggest a timeline of roughly 770 days from the last major crossover in early 2022, placing the projected breakout target around September 29, 2025. XRP Can Surge To $45 Interestingly, EGRAG’s price prediction based on the premise of how a similar 2017 or 2021 movement can play out for XRP. In 2017, XRP posted a rally of approximately 2,700%, and in 2021, a slightly lower surge of about 1,050%. By mapping those gains onto the current price structure, EGRAG predicted two potential targets: a more conservative $19 level and a bold $45 level. Between these two targets is a mid-range target of $27 which he has previously favored. Related Reading: XRP Price Nears ABC Correction With Clear Targets For Buying However, the analyst warned that while chart patterns offer insight, they are not perfect predictors. In his own words, “Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire.” Still, the emotional patterns of market participants, human reactions and behaviors, tend to repeat to create opportunities where a previous price action might play out again, even if not 100%. The analyst ended his analysis with a strategic note to long-term holders and short-term traders alike, consider a Dollar-Sell-Average (DSA) approach when the XRP price starts to climb. At the time of writing, XRP is trading at $2.04, up by 2.6% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
An Italian publisher used AI to create a fictional Hong Kong philosopher whose critique of Trump and Musk became a sensation.
The bitcoin to VIX ratio might be signalling a potential long-term bottom for BTC price.
Solana is now facing a critical liquidity resistance zone after enduring weeks of heightened volatility and intense selling pressure across the crypto market. Following a steep drawdown, SOL has finally shown signs of buyer interest, sparking renewed optimism among traders. Despite the recent bounce, Solana remains over 47% down from its early March highs, reflecting the broader bearish sentiment that has gripped altcoins in the face of macroeconomic uncertainty and global tensions. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year The price action is approaching a make-or-break point, and traders are watching closely. Top analyst Big Cheds shared insights on X, suggesting that a move “over $125 could trigger long on 2-level filter,” signaling the potential start of a momentum-based breakout if SOL can clear this threshold with strength. This level now acts as a key pivot in the short-term outlook for Solana. A breakout above $125 could reignite bullish momentum and attract sidelined capital back into the altcoin market. However, rejection at this resistance could fuel further consolidation or downside. With market conditions still fragile, all eyes are on SOL’s reaction to this crucial zone as traders weigh the risk and reward of a potential breakout scenario. Solana Rebounds 25% As Bulls Eye Breakout After weeks of relentless selling pressure, Solana is showing renewed signs of strength. Following a dramatic correction that took SOL from over $200 to a low of $95, the asset has finally found relief. Since Monday, Solana has bounced more than 25%, fueled by improved sentiment and positive macroeconomic developments. The rally began shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces an increased 145% tariff. This temporary easing of trade tensions injected optimism back into the market, sparking strong upside across high-beta crypto assets like SOL. Top crypto analyst Big Cheds shared a bullish outlook, noting that “SOL Over $125 could trigger long on 2-level filter.” This level now serves as a key technical threshold—breaking above it could confirm the end of Solana’s local downtrend and potentially initiate a sustained bullish phase. Cheds’ system highlights this setup as an optimal long trigger, assuming volume and momentum follow through. If bulls manage to push SOL past $125 with conviction, a breakout rally could follow, supported by improving on-chain metrics and recovering market sentiment. However, failure to reclaim this resistance could result in renewed selling pressure or extended consolidation. For now, $125 is the line in the sand. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst SOL Price Faces A Technical Barrier At $128 Solana (SOL) is currently trading at $122 after a week of volatile recovery attempts, yet it continues to face key technical resistance. For weeks, SOL has struggled to push above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which are now converging around the $128 level. These indicators have acted as strong resistance during previous rallies, and bulls must reclaim them to signal short-term strength and validate the potential for a broader recovery phase. If buyers manage to push SOL above $128 and hold it as support, momentum could build quickly, with a possible run toward higher resistance levels. However, failure to break above these technical thresholds could weaken bullish sentiment and encourage renewed selling pressure. Related Reading: Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone? Additionally, the $120 level is now a crucial zone of immediate support. Losing this level would undermine the recent bounce and open the door to a deeper pullback. If $120 fails to hold, SOL could drop quickly toward the $100 level or even lower, revisiting areas of previous consolidation. Traders are watching this range closely, as the next move will likely dictate whether SOL enters a sustained recovery or resumes its broader downtrend. Featured image from Dall-E, chart from TradingView
The debate on abolishing IP laws highlights tensions between fostering innovation and protecting creators' rights in the digital age.
The post Jack Dorsey, Elon Musk spark debate over IP law appeared first on Crypto Briefing.
Companies leasing portions of data centers could also be liable for the reporting requirements and emissions fines, according to the draft bill.
Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH’s price, which dropped 10% in the last week. With momentum slipping, many are …
One trader noted that Fartcoin's face-melting outperformance is the "perfect metaphor" for the current times when even traditional assets trade like a joke.
Opinion by: Jack Lu, CEO of BounceBitFor years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs.The United States dominates capital formation, and its recent embrace of tokenized treasuries and real-world assets signals a significant step toward blockchain-based finance. Meanwhile, Asia has historically been a global crypto trading and liquidity hub despite evolving regulatory shifts. These two economies operate, however, in silos, limiting how capital can move seamlessly into digital assets.This isn’t just an inconvenience — it’s a structural weakness preventing crypto from becoming a true institutional asset class. Solving it will cause a new era of structured liquidity, making digital assets more efficient and attractive to institutional investors.The capital bottleneck holding crypto backInefficiency between US capital markets and Asian crypto hubs stems from regulatory fragmentation and a lack of institutional-grade financial instruments.US firms hesitate to bring tokenized treasuries onchain because of evolving regulations and compliance burdens. Meanwhile, Asian trading platforms operate in a different regulatory paradigm, with fewer barriers to trading but limited access to US-based capital. Without a unified framework, cross-border capital flow remains inefficient.Stablecoins bridge traditional finance and crypto by providing a blockchain-based alternative to fiat. They are not enough. Markets require more than just fiat equivalents. To function efficiently, they need yield-bearing, institutionally trusted assets like US Treasurys and bonds. Without these, institutional capital remains largely absent from crypto markets.Crypto needs a universal collateral standardCrypto must evolve beyond simple tokenized dollars and develop structured, yield-bearing instruments that institutions can trust. Crypto needs a global collateral standard that links traditional finance with digital assets. This standard must meet three core criteria.First, it must offer stability. Institutions will not allocate meaningful capital to an asset class that lacks a robust foundation. Therefore, collateral must be backed by real-world financial instruments that provide consistent yield and security.Recent: Hong Kong crypto payment firm RedotPay wraps $40M Series A funding roundSecond, it must be widely adopted. Just as Tether’s USDt (USDT) and USDC (USDC) became de facto standards for fiat-backed stablecoins, widely accepted yield-bearing assets are necessary for institutional liquidity. Market fragmentation will persist without standardization, limiting crypto’s ability to integrate with broader financial systems.Third, it must be DeFi-native. These assets must be composable and interoperable across blockchains and exchanges, allowing capital to move freely. Digital assets will remain locked in separate liquidity pools without onchain integration, preventing efficient market growth.Without this infrastructure, crypto will continue to operate as a fragmented financial system. To ensure that both US and Asian investors can access tokenized financial instruments under the same security and governance standard, institutions require a seamless, compliant pathway for capital deployment. Establishing a structured framework that aligns crypto liquidity with institutional financial principles will determine whether digital assets can truly scale beyond their current limitations.The rise of institutional-grade crypto liquidityA new generation of financial products is beginning to solve this issue. Tokenized treasuries, like BUIDL and USYC, function as stable-value, yield-generating assets, offering investors an onchain version of traditional fixed-income products. These instruments provide an alternative to traditional stablecoins, enabling a more capital-efficient system that mimics traditional money markets.Asian exchanges are beginning to incorporate these tokens, providing users access to yields from US capital markets. Beyond mere access, however, a more significant opportunity lies in packaging crypto exposure alongside tokenized US capital market assets in a way that meets institutional standards while remaining accessible in Asia. This will allow for a more robust, compliant and scalable system that connects traditional and digital finance.Bitcoin is also evolving beyond its role as a passive store of value. Bitcoin-backed financial instruments enable Bitcoin (BTC) to be restaked as collateral, unlocking liquidity while generating rewards. For Bitcoin to function effectively within institutional markets, however, it must be integrated into a structured financial system that aligns with regulatory standards, making it accessible and compliant for investors across regions.Centralized decentralized finance (DeFi), or “CeDeFi,” is the hybrid model that integrates centralized liquidity with DeFi’s transparency and composability, and is another key piece of this transition. For this to be widely adopted by institutional players, it must offer standardized risk management, clear regulatory compliance and deep integration with traditional financial markets. Ensuring that CeDeFi-based instruments — e.g., tokenized treasuries, BTC restaking or structured lending — operate within recognized institutional frameworks will be critical for unlocking large-scale liquidity.The key shift is not just about tokenizing assets. It’s about creating a system where digital assets can serve as effective financial instruments that institutions recognize and trust.Why this matters nowThe next phase of crypto’s evolution depends on its ability to attract institutional capital. The industry is at a turning point: Unless crypto establishes a foundation for seamless capital movement between traditional markets and digital assets, it will struggle to gain long-term institutional adoption.Bridging US capital with Asian liquidity is not just an opportunity — it is a necessity. The winners in this next phase of digital asset growth will be the projects that solve the fundamental flaws in liquidity and collateral efficiency, laying the groundwork for a truly global, interoperable financial system.Crypto was designed to be borderless. Now, it’s time to make its liquidity borderless, too.Opinion by: Jack Lu, CEO of BounceBit. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Mark Uyeda, the acting chairman of the SEC, said in a roundtable that the SEC is currently considering the possibility of a temporary crypto regulatory framework. This would provide intermittent relief to crypto firms. While a ‘long-term solution’ is still under work and may take a few months to come to fruition, an ‘exemptive relief’ may just be the way forward. Read on as we discuss the implications of this positive legislative move and how the best crypto to buy now can help you benefit from it. A State-Wise Crypto Regulation Not Ideal In the same round table discussion, which included representatives from firms like Uniswap, Coinbase, and Cumberland DRW, Uyeda said that state-wise crypto regulations can be regressive for the industry. It may lead to a ‘patchwork of state licensing regimes.’ Ideally, market participants should operate under a single central SEC license instead of complying with 50 different crypto regulations in the same country. This hints that the crypto regulations may be framed at a federal level, with minimum state participation. This is great news for crypto service providers, as they will be able to operate with minimum legal compliance. $BTC Holds $82K Amidst Positive Inflation Numbers Besides positive crypto regulations, the overall macro US economy is also showing signs of reversal. The US Producer Price Index (PPI) stood at 2.7% as against the expected 3.3% mark. This is the first month-over-month PPI decline since March 2024. $BTC held its highs of $82K amidst this positive news. It’s currently trading at over $85K. Another $BTC positive is the US Dollar Index (DXY), which measures the performance of the dollar against a basket of partner currencies. For the first time, DXY has fallen below the 100 mark since 2022. Traditionally, a lower DXY is bullish for $BTC. The last time DXY fell this low, it led to a parabolic $BTC bull run that lasted 12 months. Now, the divergence on the DXY chart suggests it can fall to 90 as well, which is, again, positive for $BTC. With both factors – charts and regulations looking bullish – there may not be a better time to invest in crypto markets. Here are some top altcoins you should be looking at now. 1. BTC Bull Token ($BTCBULL) – Best Crypto to Buy Right Now Crypto is indeed finding momentum again. Just take a look at Bitcoin. It’s bouncing almost perfectly off of the 50 EMA on the weekly chart. On the short-term 4-hourly chart, too, $BTC is positive. It’s now trading above the 10, 20, and 50 EMAs, signifying a change in trend. If you’re backing Bitcoin to rise higher and want to make the most of its climb, consider becoming an early investor in BTC Bull Token ($BTCBULL). It’s a new cryptocurrency that stands apart due to its unique reward system. Unlike other cryptos, BTC Bull Token will give free $BTC to its token holders. Holders of $BTCBULL who store their tokens in Best Wallet will automatically receive real $BTC every time the King Crypto reaches a new landmark, such as $150K, $200K, $250K, and beyond. Furthermore, it’s also slated to follow a deflationary model. By shaving off a portion of the total $BTCBULL supply every time Bitcoin’s price rises by $25K, the developers plan to boost the token’s demand and price. BTC Bull Token is currently in presale, which is why you can grab each token for just $0.00246. Speaking of the project, it has gotten off to an impressive start. It has already raised over $4.5M at the time of writing and is likely to continue attracting investors. Here’s how to buy $BTCBULL. 2. SUBBD Token ($SUBBD) – Brand-New Altcoin with a Fresh Prospect for the Creator Industry SUBBD Token ($SUBBD) is easily among the best cryptos to invest in right now, seeing as it’s a revolutionary AI-crypto project aiming to streamline the $85B online content creator industry. SUBBD is coming out with a new AI-powered crypto subscription platform that will offer a bunch of AI tools to online creators to help them streamline content creation, management, and distribution. Next, by allowing the fans of these creators to use their $SUBBD tokens to subscribe to exclusive content, SUBBD aims to strengthen the relationship between the creators and their audiences. Moreover, $SUBBD, which is the primary mode of payment on the SUBBD platform, can be used to chat directly with the creators, get subscription discounts, vote on which features are prioritized and which creators get onboarded, etc. What’s more, early buyers of $SUBBD can also stake their tokens and earn a decent 20% APY for the first year. You can buy $SUBBD for just $0.05515 if you get in now. The project, though new, has attracted substantial investor interest. It has already raised over $150K so far. 3. Broccoli ($BROCCOLI) – Trending Meme Coin Based on the Pet Dog of Binance’s Ex CEO $BROCCOLI is one of the very few meme coins that managed to surge in the recently downward-sloping crypto market. Inspired by the pet dog of Binance’s Changpeng ‘CZ’ Zhao, Broccoli is proof that crypto degens’ capacity to back a coin to the hilt shouldn’t be underestimated. The token has gained over 1,150% since its launch in February, and after a long-drawn slump, it’s now back among the top trending cryptos. Having climbed more than 100% in just the last seven days, $BROCCOLI has broken out of the $0.23 resistance level. It’s currently trading at $0.27 and looks more than likely to be the next crypto to explode…again! Bottom Line Even though the US government is clearly in love with crypto, as it’s pushing for favorable regulations, it’s worth remembering that it doesn’t guarantee any returns, especially in the short term. Any amount of analysis is at the mercy of the market’s volatility. This is why it’s important to only get into crypto with an amount that’s small enough for you. Also, we always urge our readers to do their own research before investing. None of the above is financial advice, at the end of the day.
After weeks of struggling, Bitcoin is finally making a strong comeback and has now jumped to $85k. But that’s not the biggest news. In a recent interview, Changpeng Zhao, the co-founder and former CEO of Binance, made a jaw-dropping prediction, he believes Bitcoin will eventually hit $1 million! Bitcoin Could Reach $1 Million In a …
After a dreadful start to the week, the price of Bitcoin appears to be recovering nicely with a strong rally to begin the weekend. The latest on-chain data shows that a specific class of investors might be behind the relative stability experienced by the premier cryptocurrency amidst the recent macroeconomic chaos. Seasoned Investors Are Loading Their Bags Again In an April 11 post on X, crypto analyst Burak Kesmeci revealed that the Bitcoin long-term holders (LTHs) might be getting more active in the market over the past few weeks. This on-chain observation is based on changes in the Long-Term Holder Net Position Change (30-day sum), a metric that tracks the net change in the BTC supply held by LTHs over a 30-day period. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming? This metric basically tracks the aggregated behavior of an important investor cohort, providing an insight into the overall sentiment in the market. When this metric is positive, it implies that the long-term holders are in the accumulation phase. On the flip side, when the net position change is negative, it means that Bitcoin LTHs are trimming their holdings and selling their BTC. According to Kesmeci, the long-term investors have been offloading their Bitcoin in the past six months, as the LTH Net Position Change has remained in the negative zone since the last week of October 2024. The metric reached a negative peak level of 827,750 BTC on December 5, 2025, accompanied by a 32% decline in the Bitcoin price. The chart above shows that the Long-Term Holder Net Position Change shifted to the positive territory on April 6, 2024, and appears to be on the rise at the moment. This positive change signals fresh buying amongst the seasoned investors over the past few weeks. Kesmeci noted that the positive shift of the Long-Term Holder Net Position Change has coincided with a recent 12% jump in the Bitcoin price. The Bitcoin price returned above $81,000 after United States President Donald Trump paused trade tariffs on imports from all countries except China. Kesmeci added in the post: Time will tell whether this is just a reactionary bounce or the early stages of a longer bullish phase. However, the metric continuing to remain in the positive region with acceleration could be an important “trend change signal” for us. Nevertheless, the on-chain analyst urged investors to approach the market with caution, as the current momentum is not sufficient. Hence, further conviction is needed from the long-term investors to sustain a major rally in the current market state. Bitcoin Price Overview As of this writing, the premier cryptocurrency is valued at around $83,400, reflecting an almost 5% increase in the past 24 hours. According to data from CoinGecko, BTC has barely changed in the past seven days. However, this record doesn’t quite tell the full story, as the Bitcoin price had fallen to around $74,000 at the beginning of the week. Related Reading: Kaiko Report Highlights Key Drivers of Q1 Crypto Market Decline and Outlook for Q2 Featured image from iStock, chart from TradingView
Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ).In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against Sun under the terms of his settlement with US prosecutors.“As part of Zhao’s plea deal, he agreed to give evidence on Sun to prosecutors,” an “arrangement” that “hasn’t previously been reported,” the WSJ report stated, citing sources familiar with the matter.“WSJ is really TRYING here. They seem to have forgotten who went to prison and who didn't,” Zhao wrote in an April 12 X post. “People who become gov witnesses don’t go to prison. They are protected. I heard someone paid WSJ employees to smear me.”Source: Changpeng ZhaoCZ was sentenced to four months in prison in April 2024 for Anti-Money Laundering (AML) violations. He walked free from federal prison on Sept. 27 as the wealthiest person to ever serve a US prison sentence, with a $60 billion net worth at the time.In a separate April 11 post, CZ claimed multiple individuals had warned him about the Journal’s intentions to publish what he described as a “hit piece.”Source: Justin SunSun said he was “not aware of the circulation rumors,” calling CZ his “mentor and close friend,” Cointelegraph reported on April 11.Related: Trump kills DeFi broker rule in major crypto win: Finance Redefined“Some players are lobbying against us again in the US” — CZCZ further speculated that the report could be linked to lobbying efforts against him and his former company. “I also heard some rumors about some players ‘lobbying’ against us again in the US,” CZ said.Cointelegraph has approached CZ for more details on the lobbying claims.In November 2023, Zhao said that “FTX sought regulatory ‘crack down’ on Binance to increase market share,” citing a Federal Newswire report.Related: New York bill proposes legalizing Bitcoin, crypto for state paymentsZhao’s comments come over a month after crypto donations raised influence concerns among industry participants.Crypto firms spent over $134 million on the 2024 US elections in “unchecked political spending,” which presents some critical challenges, Cointelegraph reported on March 10.Fairshake donations. Source: politicalaccountability.net“While the companies making these contributions may be seeking a favorable regulatory environment, these political donations further erode public trust and expose companies to legal, reputational, and business risks that cannot be ignored,” according to a March 7 report by the Center for Political Accountability (CPA).Magazine: XRP win leaves Ripple and industry with no crypto legal precedent set
Major cryptocurrencies like ETH, XRP, and ADA saw significant gains, indicating increased risk-taking in the market.
The report also claims Binance is lobbying Treasury officials to remove a monitor overseeing the company, and may soon list the USD1 stablecoin.
Ripple Labs and its XRP token have been at the center of one of the most high-profile legal battles in crypto history. The lengthy dispute with the U.S. Securities and Exchange Commission (SEC), which began in December 2020, has shaped Ripple’s trajectory and raised broader questions about crypto regulation in the U.S. As Ripple and […]
The post As the Ripple SEC lawsuit nears resolution, ‘the end is finally here’ for XRP’s legal woes appeared first on CryptoSlate.
Despite global economic uncertainty and a series of market shocks, several leading voices in the cryptocurrency space say Bitcoin is on the verge of a massive breakout—one that could take most investors by surprise. Samson Mow, CEO of Jan3 and a longtime Bitcoin advocate, recently expressed astonishment that Bitcoin is still trading under $100,000. “We …
San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service Whale Alert. Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Tracking The Money Trail The transaction initially appeared to be heading to an unknown destination when Whale Alert reported the funds moving to an unidentified address ‘rP4X2…sKxv3’. But blockchain analytics platform Bithomp later clarified that both the sending and receiving wallets belong to Ripple. The receiving wallet was created by Ripple on October 2, 2023, with an initial funding of 70 million XRP. Since its creation, this wallet has only interacted with other Ripple-linked addresses, strengthening the evidence that this was an internal transfer rather than funds moving to an outside entity or exchange. ???? ???? ???? ???? ???? ???? ???? ???? ???? ???? 200,000,000 #XRP (402,739,474 USD) transferred from #Ripple to unknown wallethttps://t.co/cZz7k5fum8 — Whale Alert (@whale_alert) April 11, 2025 Why The Big Money Move According to crypto community figure XRP_Liquidity, who tracks Ripple’s token movements, the transaction represents standard treasury management – Ripple simply shifting money between its own accounts. The 200 million XRP tokens remain untouched at the receiving address, suggesting no immediate plans for their use. The receiving wallet now holds around 290 million XRP tokens, valued at about $577 million as of the current XRP price of $2.04 per token, based on figures by Coingecko. According to historical trends, the funds can be used for various purposes in Ripple’s business operations. They can be used to finance On-Demand Liquidity (recently renamed Ripple Payments), finance exchange-traded products that mirror XRP’s value, or give liquidity to cryptocurrency exchanges where XRP is listed. The Bigger Financial Picture The sending wallet didn’t empty its cash register with this transfer. It still contains 200 million XRP tokens. That wallet had received 300 million XRP on April 2 from another Ripple-linked address, which itself had received 500 million XRP from Ripple’s monthly escrow release. Ripple maintains most of its XRP holdings in escrow accounts, with programmed releases occurring monthly. The April release showed unusual timing compared to Ripple’s standard practice. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Breaking From Routine Ripple broke from its traditional first-of-month schedule for its April token release. Instead of unlocking the funds on April 1, the company first returned 700 million XRP to escrow, then released 1 billion XRP on April 3. This shift in schedule runs counter to Ripple’s established tradition of releasing tokens on the first day of each month, although the company has not commented publicly on its reasoning for this timing change. The wallet transactions are significant, as XRP trades at over $2 per token, giving the cryptocurrency such a high valuation that even normal transfers are worth several hundreds of millions of dollars. These huge transfers are usually followed closely by crypto market watchers, as they can on occasion be indicative of any potential future market move or strategic decision taken by the company. Featured image from Gemini Imagen, chart from TradingView
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XRP is currently up by more than 3% and is trading at $2.06 at the time of writing. According to analysts, XRP is showing signs of short-term strength after holding a key Fibonacci support zone between $1.89 and $1.99. Following this bounce, the price is now moving towards a resistance area between $2.15 and $2.17. …
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing.The investor originally purchased the NFT for 4,500 ETH, or roughly $15.7 million, a year ago, according to blockchain analytics firm Lookonchain.“Did he only lose 500 $ETH($774K)? No—he actually lost $9.73M!” Lookonchain wrote in an X post. “When he bought it, $ETH was trading at $3,509. By the time he sold, $ETH had dropped 57%,” the platform added.CryptoPunk buy and sell. Source: Arkham Intelligence / LookonchainDespite the steep loss, the $6 million transaction still ranks as the largest NFT sale over the past 30 days, according to data from CryptoSlam.Top NFT sales past 30 days. Source: CryptoSlamThe sale comes during a period of stagnation for NFTs, which have been lacking wider trader interest. NFT trading volume on Ethereum is down more than 53% over the past month, while Polygon’s NFT trading volume fell 41%.CryptoPunks saw a temporary floor price surge of 13% after rumors that its owner, Yuga Labs, might be “in the process” of selling the collection’s intellectual property, Cointelegraph reported on Jan. 14.Related: Sentient completes record 650K NFT mint for decentralized ‘loyal’ AI modelBlue-chip collections see steep dropThe top blue-chip NFT collections remain significantly down from their 2021 highs amid a lack of trading activity.CryptoPunks currently have a floor price of about 43 ETH, or $68,000, down more than 61% from their record high of 113.9 ETH in October 2021.CryptoPunks NFT floor price, all-time chart. Source: NFTpricefloor The Bored Ape Yacht Club’s floor price is also down 89%, while the Mutant Ape Yacht Club collection is down 93%, NFTpricefloor data shows.Related: Trump family memecoins may trigger increased SEC scrutiny on cryptoHowever, the Pudgy Penguin collection remains an outlier. It reached a new all-time high of over 25 Ether on Dec. 16, 2024, and amassed the highest sales volume of over $72 million in the first quarter of 2025, Cointelegraph reported on March 28.Source: Yuga Labs At the start of March, the US Securities and Exchange Commission closed its three-year investigation into Yuga Labs, an investigation initiated under former Chair Gary Gensler, which aimed to probe NFT creators and marketplaces, to see if some NFTs, such as fractional NFTs, were securities.Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
After months of silence and a sharp price drop, Pi Coin is suddenly back in the spotlight. In just one week, it has jumped over 50%, with a 24% gain in the last 24 hours alone, making it one of the top-performing coins of the week. So, what driving the Pi coin price up, lets …
Bitcoin may not fit the traditional mold of a safe haven, but in a world of rising sovereign risk and broken financial norms, it may be time to redefine what 'safe' actually means.
In the last month, there have been multiple ups and downs for the crypto industry, but Fartcoin is the one altcoin that has stood out through all of it with major recoveries. In less than one month, the Fartcoin price has risen by more than 230%, placing it at the top of the leaderboard for cryptocurrencies that have recovered in the last month. Now, as its popularity spread, the question remains, is it still a good time to get in on this AI play? Fartcoin Price Headed For Major Resistance Fartcoin is currently one of the trending cryptocurrencies on the Internet after staging a rapid rally in April. Its daily trading volume has risen to more than $350 million at the time of this writing and it continues to garner attention from investors. It has risen to $0.88 after touching a low of $0.23 back in March. Now, it looks like it is on its way to trying another all-time high above its previous $2.61 peak from January. Related Reading: Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point Crypto analyst MyCryptoParadise has chimed in on Fartcoin’s recovery, mapping out where it could be headed next. While the analyst does see the price rising higher from here, it is not all good news, especially as Fartcoin seems to be headed toward a major resistance. They explain that the altcoin is currently completely the third wave of a classic Elliot Wave impulse, which is a bullish wave. With the price having risen so much, it means that the end of the bullish third wave could be ending and about to usher in the more bearish fourth wave. Not only is the bearish fourth wave on the horizon, the analyst says that Fartcoin could probably enter a corrective ABC wave during this time. What this means is that the altcoin could be headed for major resistance, where the power of the current uptrend would be tested. Related Reading: Ethereum Price Rebound: Breakout To $1,800 With These Two Supply Zones There is very strong resistance for Fartcoin at $1.05, which is still around 15% away from where the price currently is at the time of this writing. However, if the price were to successfully close above the extended resistance zone of $1.1361, then the uptrend could continue from here. “This is the point where the weak hands get shaken out and smart money reloads,” the crypto analyst explains. “If you’re aiming for long-term success, wait for high-probability setups and protect your capital.” Featured image from Dall.E, chart from TradingView.com
On April 12, 2025, Pi Coin saw a sharp price increase, climbing over 23% amid growing excitement around a potential Binance listing. A recent community poll revealed that 86% of respondents support the listing, fueling investor optimism. Analysts suggest that if Binance proceeds with the listing, Pi Coin’s value could soar, potentially reaching $10. This …
A report, developed by Ripple and Boston Consulting Group, forecasts that the tokenisation of real-world assets will see a massive growth in the coming years. The report, titled “Approaching the Tokenisation Tipple Point,” asserts that the market will grow to $18.9 trillion by 2033. Interestingly, the XRP market, probably fueled by the report, has crossed …