Month: April 2025

XRP Set to Explode? Ripple and SEC File Joint Request

Key Notes Ripple and SEC pause legal battle, signaling a near-final settlement that could reshape crypto regulation. XRP trades near critical resistance at $2.10, with RSI and Bollinger Bands hinting at an imminent breakout. The SEC withdrew its appeal in March against Ripple Labs, sparking settlement rumors. American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC). At press time, the cryptocurrency…

Senator Adam Schiff to Investigate Insider Trading Allegations After Tariff Pause Announcement

Schiff stated that he was sending a letter to the White House to determine whether there was ongoing insider trading by individuals aware of the tariff pause measure enacted by the Trump Administration. He urged whistleblowers to come forward with any information on this matter. Senator Adam Schiff Opens Investigation Into Insider Trading Allegations Adam […] Source CryptoX Portal

Breakout To $1,800 With These Two Supply Zones

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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. Even with the Ethereum price struggling amid the market downturn, there are still some who remain bullish on the second-largest cryptocurrency by market cap. One of those is pseudonymous…

New York bill proposes legalizing Bitcoin, crypto for state payments

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A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment. It could permit state agencies to accept payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), according to the bill’s text. Source: Nysenate.gov According to the bill, state offices could authorize crypto…

World Liberty Financial Denies Report of Selling Ethereum, Will ETH Price Bounce Back Quick?

Key Notes A WLFI spokesperson labeled the allegations as “wholly inaccurate” and affirmed that WLFI has not sold any of its holdings. Ethereum price drop below $2,000 has sparked heightened whale activity with a newly created wallet accumulating 9,610 ETH. Crypto analyst Ali Martinez highlighted that Ethereum’s entity-adjusted dormancy flow has dropped below 1 million, which talks of undervaluation. World Liberty Financial (WLFI), the cryptocurrency project linked to US President Donald Trump, has rejected recent reports of them selling $8 million worth of ETH ETH $1 563 24h volatility: 2.1%…

Bitcoin Dominance: BTC’s MVRV Outpaces ETH’s For Record 812 Days

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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio is currently on a record streak against the metric for Ethereum. Bitcoin Has Continued To Dominate Ethereum In MVRV Recently In its latest weekly report, the on-chain analytics firm Glassnode has discussed about the divergence forming between Bitcoin and Ethereum. First, below is a chart that shows how the two cryptocurrencies have compared in terms of the Realized Cap growth since the start of the bull cycle. The “Realized Cap” here refers to an indicator that measures the…

Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes

Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the […] Source CryptoX Portal

Swedish MP proposes Bitcoin reserve to finance minister

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A member of Sweden’s parliament has proposed adding Bitcoin to the country’s national foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States. Swedish MP Rickard Nordin has issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin (BTC) as a national reserve asset. “Sweden has a tradition of a conservative and carefully managed foreign exchange reserve, mainly consisting of foreign currencies and gold,” Nordin wrote in a letter registered on April 8, adding: “At the same time, there…

BNB Coin’s Entry into Top 3? Lorentz Testnet Hard Forks Are Complete

Key Notes BNB Chain completed its Lorentz testnet hard forks with mainnet hard forks scheduled for late-April. Lorentz upgrade reduces opBNB block times to 0.5s and BSC testnet to 1.5s. BNB Coin breaks out of a year-old ascending triangle, suggesting bullish momentum. The BNB Chain successfully executed the Lorentz testnet hard forks, a development poised to bring faster transaction speeds and improved blockchain responsiveness. This coincides with the ecosystem’s native cryptocurrency, BNB Coin (BNB), breaking out of an year-old ascending triangle range, hinting at a possible rally. The update, revealed…

Vitalik Buterin Unveils Customized Ethereum Layer-1 Privacy Roadmap

Key Notes Ethereum co-founder has unveiled a new pathway for maintaining network privacy. The roadmap released focuses on four key areas bordering on a complete chain overhaul. The released roadmap can be implemented without core changes to the mainnet. Ethereum co-founder Vitalik Buterin has proposed a detailed plan to improve user privacy on the blockchain without changing its core structure. The roadmap was shared on April 11 through the Ethereum Magicians forum. This comes as one of the latest direct propositions from the Ethereum innovator to enhance the overall functionality…