Day: April 15, 2025

$227,000,000 Worth of OM Tokens Moved to Crypto Exchanges Prior to 90% Price Collapse of Mantra: On-Chain Data

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Blockchain intelligence platform Lookonchain says that tokens of the real-world asset (RWA) crypto project Mantra (OM) worth hundreds of millions of dollars were transferred to digital asset exchanges before a massive price crash. Lookonchain says on the social media platform X that multiple wallets had sent millions of OM tokens to crypto exchanges prior to Mantra’s 90% price meltdown over the weekend. Based on Lookonchain’s data, some of the exchanges that received the deposits include OKX and Binance. “Who dropped the price of OM? Before the OM crash(since Apr 7th),…

Swedish lawmakers urge finance minister to consider national Bitcoin reserve

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This week, two Swedish lawmakers urged the country’s finance minister to consider adding Bitcoin to Sweden’s reserves. Sweden Democrat Member of the Riksdag Dennis Dioukarev and MP Rickard Nordin have issued open letters to Finance Minister Elisabeth Svantesson, pushing for a national strategy that embraces Bitcoin as part of the country’s future financial planning. Dioukarev’s letter, submitted on April 14, proposed that Sweden begin accumulating Bitcoin using confiscated crypto assets. He pointed to similar efforts in other countries, notably the United States, which recently launched a national Bitcoin reserve funded…

Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025

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Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits, as bitcoin prices experienced a dip below $100,000 during February. […] Original

Pi Network Under Analyst Crosshairs After Mantra Collapse

Key Notes The Mantra (OM) crash prompted urgent warnings for Pi Network. Analysts question PCT over delayed KYB approvals and unclear token mechanics. PI struggles to break past the $0.75 resistance despite recent gains. The brutal crash of Mantra (OM) has sent shockwaves across the crypto world. In the aftermath, pseudonymous crypto analyst Dr Altcoin is urging the Pi Network’s core development team, the PiCoreTeam (PCT), to take heed. Notably, OM recently plummeted from $6.32 to $0.57, a drop of over 90, triggering a $6 billion market wipeout in just…

Trump tariffs revenue could be used to boost bitcoin reserve

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A senior presidential adviser has hinted that the U.S. government is considering using Trump tariffs revenue to buy Bitcoin as part of its plan to build a national crypto reserve. Bo Hines, executive director of the Presidential Council of Advisers for Digital Assets, confirmed the strategy in an Apr. 14 interview with crypto investor Anthony Pompliano. “We’re looking at many creative ways, whether it be from tariffs, whether it be from something else,” Hines said. “Everything’s on the table.” The administration plans to acquire as much Bitcoin (BTC) as possible…

Bitcoin ETFs end 7-day outflow streak as BTC stabilizes around $85k

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Spot Bitcoin ETFs in the U.S. saw a return to inflows on April 14 as investor sentiment picked up after the government rolled back tariffs on Chinese tech products like smartphones and computers. According to SoSoValue data, the 12 spot Bitcoin ETFs brought in a modest $1.47 million in net inflows on Monday, breaking a seven-day outflow streak that saw $878 million pulled out. BlackRock’s IBIT led the gains with $36.72 million in inflows, but Fidelity’s FBTC offset most of that by seeing $35.25 million in outflows. The other ETFs…

Dogecoin (DOGE) Derailed? Meme Coin Faces New Hurdles to Fresh Surge

Dogecoin started a fresh decline from the $0.1700 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1650. DOGE price started a fresh decline below the $0.1650 and $0.1600 levels. The price is trading below the $0.1620 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.1620 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1575 support zone. Dogecoin Price Faces Rejection Dogecoin…

XRP Price Could Regain Momentum—Is a Bullish Reversal in Sight?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Consolidation Hints at Strength—Is a Move Higher Coming?

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. Ethereum price started a fresh increase above the $1,620 zone. ETH is now consolidating gains and might aim for more gains above $1,680. Ethereum started a decent increase above…