Day: April 16, 2025

Top Expert’s Update Sets $10 Target

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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. As the XRP price climbs back above the crucial $2 mark, reflecting a 20% surge over the past week, market analysts are increasingly optimistic about the token’s recovery and…

WalletConnect Token (WCT) Rallies 36% on Back of Upbit Exchange Listing

Key Notes Upbit listing announcement brought an impressive upward momentum for WCT. WalletConnect Token reached new all-time highs. The price hike comes while the crypto market struggles in the bear zone. WalletConnect Token recorded a strong rally after the leading South Korean crypto exchange Upbit announced the listing. According to the official announcement, Upbit will enable WCT transactions at 09:00 UTC on April 16. The exchange will support the Optimism-based token with the Korean won, Bitcoin BTC$83 70424h volatility:2.5%Market cap:$1.66 TVol. 24h:$26.25 Band USDT trading pairs. WCT has already been…

Did Ethereum Survive The Storm? Analyst Eyes Breakout Next

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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. Ethereum (ETH) continues to hold a crucial support level after recovering from last week’s correction. Its recent bounce from historical demand zones has led some analysts to suggest that…

Bitcoin Traders Take Profit as Institutional Money Pours In

Key Notes Whales have sold over 29,000 BTC worth $2.4B since April 9. Strategy added $285M in Bitcoin and Semler Scientific filed to raise $500M, partly to fund further Bitcoin purchases. Bitcoin is currently trading at around $83,300, down by around 2.7% in the past day. Bitcoin BTC $83 704 24h volatility: 2.5% Market cap: $1.66 T Vol. 24h: $26.25 B is holding steady at around $83,300 on Wednesday, despite dropping 2.7% in the past 24 hours. This comes amid a flurry of whale activity and fresh institutional buying. As…

Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance

Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token […] Source CryptoX Portal

Italy finance minister warns US stablecoins pose bigger threat than tariffs

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Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins present an “even more dangerous” threat to European financial stability, according to a Reuters report. US stablecoins allow users to invest in a widely accepted method for cross-border payments without opening a US bank account,…

Mantra (OM) Price Jumps 30% Amid CEO’s Plan to Win Over Community

Key Notes Mantra (OM) price is up by 30%, currently trading around $0.78. CEO John Mullin vowed to burn 300 million team tokens to regain community trust. A bullish pennant has formed on the Om price chart, with an analyst predicting $3.50 in the near term. After a major collapse that wiped billions from its valuation, Mantra OM $0.79 24h volatility: 32.8% Market cap: $762.93 M Vol. 24h: $1.56 B has bounced back with a 30% price gain in the past 24 hours. This recovery coincides with Mantra CEO John…

OKX reenters US market following $505M DOJ settlement

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Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of our regional headquarters in San Jose, California.“ All existing Okcoin users will be migrated to the new platform, which Robert said…

Why Does This Bitcoin Cycle Feel So Boring? Analyst Weighs In

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On the higher time frame, Bitcoin appears to still be in a bearish market with the asset recording a 21.7% decrease away from its all-time high (ATH) above $109,000 recorded in January. However, when slightly zoomed in, it is seen that the asset is seeing a gradual and steady rebound surging 6.8% in the past week to bring its asset closer to the psychological $90,000 mark with a current trading price hovering above $85,000. The latest analysis from CryptoQuant analyst Crypto Dan offers context for this cautious optimism. In a…

Bitcoin trader sees gold ‘blow-off top’ as XAU nears new $3.3K record

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Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion. Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013. Gold beats records as Bitcoin ETFs slump As the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility. BoA figures show inflows to gold funds beating records, with data from Cointelegraph Markets Pro and TradingView capturing new…