Day: April 18, 2025

XRP price historical trends confirm it could still mint millionaires despite recent plunge to $1.64

XRP price has just recorded one of its most dramatic drops in recent memory, falling to $1.64, marking a level unseen since November 2024.  The 22% plunge from $2.10 follows a wider crypto market meltdown, with Bitcoin (BTC) sinking to $74,000, its lowest point in five months, and Ethereum crashing 60% over the last 90 days to $1,400. Yet amid the panic, seasoned market watchers are urging calm, and offering a historical reminder. In a tweet, Good Morning Crypto host Abdullah Nassif compared current conditions to the COVID-era crash of…

Crypto Biz: Is the US Fed prepping the money printer?

boss

A senior Fed official believes markets are still functioning properly, but said the central bank would “absolutely” step in if financial conditions become disorderly. The US Federal Reserve under Jerome Powell has developed a reputation for dragging its feet on implementing important policy changes. However, a top central banker has assured that the Fed is “absolutely” ready to do whatever it takes to avoid a financial crisis, whether triggered by the US-led trade war or other adverse developments. Although the long-awaited “Fed pivot” could still be months away, policymakers appear…

Rare market volatility signal points to higher Bitcoin price in 6 to 12 months — Dan Tapiero

boss

On April 7, the CBOE Volatility Index (VIX) posted a rare spike to 60, a level seen as a barometer of extreme market fear and uncertainty. According to Dan Tapiero, CEO of 10Tfund, the VIX has hit 60 only five times in the last 35 years, and data suggests a rebound for risk assets such as Bitcoin (BTC) in 6 to 12 months. CBOE Volatility Index. Source: Cointelegraph/TradingView The VIX, which is widely considered a “fear gauge,” reflects investor expectations of market turbulence based on S&P 500 options trading. As…

TRUMP tokenholders face 90% decline from peak as unlock begins

boss

TRUMP tokenholders face steep losses as the first vesting unlock goes live on April 18, releasing 40 million tokens, worth roughly $309 million, into circulation at a 90% discount from its peak. The unlocked tokens account for 20% of the current circulating supply and could introduce fresh volatility as a previously illiquid portion of the supply hits the market. According to CoinGecko, the TRUMP token price has fluctuated between $7.46 and $7.83 in the past 24 hours. April 18 marks the first unlock event for the TRUMP token, with steady,…

Kraken adds forex perpetual futures contracts to its Pro platform

boss

Cryptocurrency exchange Kraken introduced foreign exchange (forex) perpetual futures contracts to its Kraken Pro platform on April 18, giving traders further exposure to global currency markets. The first two perpetual forex futures available on the platform will be the euro-US dollar (EUR-USD) and the British pound-US dollar (GBP-USD) contracts, according to a company announcement. Both contracts feature 20x leverage and no expiry date, meaning they do not have to be rolled or settled by a deadline, unlike traditional futures contracts, which have an expiry date. Kraken’s move is the latest…

Solana Price Enters Consolidation Trend Above $130 That Could End In A Breakout

boss

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. Solana is showing signs of pre-breakout behavior as it consolidates below an important price threshold. According to a new technical analysis shared by RLinda on the TradingView platform, the…

Bitcoin shows bullish signs, but low volume raises caution flags

boss

Bitcoin recently flashed some key bullish indicators, but low volume suggests that big traders are still cautious. Bitcoin is finally showing some bullish signs. On Thursday, April 18, Scott Melker, known as The Wolf Of All Streets to his many followers, pointed out that Bitcoin (BTC) closed above the 50-day simple moving average with a strong candle. While the price corrected to $84,349, it is still above the 50-day SMA level of $84,202. $BTC DAILY Bitcoin finally closed a strong daily candle well above the 50-day moving average – a…

US prosecutors to pursue ex-SafeMoon CEO case despite DOJ memo

boss

Federal prosecutors said they will continue pursuing their case against Braden John Karony, the former CEO of crypto firm SafeMoon, despite the US Justice Department issuing a memo suggesting a policy of abandoning “regulation by prosecution” related to digital assets. In an April 18 filing in the US District Court for the Eastern District of New York, US Attorney for EDNY John Durham said his office had reviewed the April 7 DOJ memo issued by Deputy Attorney General Todd Blanche and intended to proceed with a trial against Karony. The…

Polymarket Sees 79% Odds for US Solana ETF Amid 11% Weekly Gain

After several solana-based exchange-traded funds (ETFs) debuted on the Toronto Stock Exchange (TSX), solana climbed more than 11% over the past seven days, earning its place as the leading gainer among the ten largest crypto assets by market capitalization. Solana Advances 11% on TSX ETF Debut; Polymarket Bettors Wager on U.S. ETF Listings Solana ( […] Source BitcoincryptoexchangeExchanges CryptoX Portal

BONK Symmetrical Triangle Squeeze: Is A Mega Breakout Imminent?

boss

Bonk (BONK), one of the more energetic players in the meme coin space, is showing signs of a potentially explosive move as it coils tighter within a symmetrical triangle pattern. This classic chart formation, characterized by converging trendlines of lower highs and higher lows, often acts as a pressure booster for price action — the longer the squeeze, the more powerful the breakout tends to be. The symmetrical triangle squeeze is a technical signal that often precedes sharp breakouts, and in BONK’s case, it couldn’t come at a more pivotal…