Day: April 8, 2025

Has The Meme Coin Lost Its Mojo?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

RedStone targets trading latency with new oracle on MegaETH

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RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading. According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be rolled out to additional chains in the future. RedStone said its oracle sources prices from centralized exchanges and delivers them directly to applications or smart contracts via nodes that operate natively on the MegaETH chain. This “co-location” strategy…

Bitcoin price could rally even as global trade war rages on — Here is why

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Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start on April 9. Markets deteriorated when Peter Navarro, trade adviser to US President Donald Trump, stated that tariffs were “not a negotiation.” As a result, the S&P 500 index closed on April 8 with a 1.6% loss, reversing earlier gains of 4%. This downturn has left traders wondering whether Bitcoin…

Bitcoin DeFi Aggregator Sats Terminal Secures $1.7M Backing From Coinbase Ventures, Draper

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Sats Terminal, a Bitcoin-native decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to streamline fragmented services across the Bitcoin ecosystem. Sats Terminal Secures $1.7M The funding round, announced April 8, was co-led by Coinbase Ventures and Draper Associates, with participation from Draper Dragon, BitcoinFi Accelerator, and others. Sats Terminal aims to […] Original

Cboe BZX files to list Canary’s SUI ETF

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show.  The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund. If approved, the ETF — issued by asset manager Canary Capital — would be the first in the country to hold SUI. The token has a market capitalization of roughly $6.5…

Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For “Blast Off”

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price movement is starting to look positive after a brief stretch of crashes on Sunday and Monday. After breaking down to $74,000 on Monday, bearish momentum looked ready…

Bitcoin weekly RSI hits bull market low as trader sees $70K BTC price bottom

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Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows. In X analysis on April 7, popular trader and analyst Rekt Capital predicted that BTC/USD could find its floor near old all-time highs from 2021. History suggests $70,000 should end BTC price dip Bitcoin can dip as low as $70,000 before recovering and still keep within historical norms, Rekt Capital says. Considering where the current bull market correction might end up, the analyst used the relative strength index (RSI) indicator to calculate the…

Weaker yuan is ‘bullish for BTC’ as Chinese capital flocks to crypto — Bybit CEO

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With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the Bitcoin bull market. On April 8, the yuan-to-US dollar exchange rate fell to its lowest level since 2023, signaling the Chinese central bank’s readiness to let its currency fluctuate more freely.  The US dollar-to-yuan exchange rate on April 8. Source: Bloomberg With the trade war ratcheting up, “expectation for China to eventually devalue the currency…

XRP April Target Of $8 To $13 ‘Still Stands,’ Says Crypto Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst CasiTrades (@CasiTrades) published a new XRP analysis, highlighting yesterday’s intraday plunge to about $1.61 after the widely watched $1.90 level gave way. “Overnight we saw $1.90 break…