Month: April 2025

Ethereum Price on Radar as Dormant ETH Whales Sell on Rise

Key Notes The ETH investor, who initially bought 10,001 ETH in 2017 for $352 each, still holds an unrealized profit of $12.3 million. After a major drop, analysts suggest that Ethereum price could consolidate if macroeconomic conditions stabilize. Bitcoin critic Peter Schiff predicts further declines for Ethereum, forecasting a drop below $1,000. After a crash to $1,400 on Black Monday yesterday, Ethereum ETH$1 56824h volatility:5.1%Market cap:$189.19 BVol. 24h:$34.66 Bprice has bounced back and is up 3.2% at press time, trading at $1,594 levels. With more than a 50% drop in…

Bitcoin To $69K? BTC’s Short-Term Future Hangs On These Levels

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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. The market volatility, fueled by the ongoing tariff war, saw Bitcoin (BTC) trade below the $75,000 mark for the first time since November. Despite recovering from the dip, the…

The gold standard is back — Stablecoins need to rethink what ‘backing’ really means

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Opinion by: William Campbell, advisory lead at USDKG Stablecoins were heralded as a breakthrough in the cryptocurrency space as a way to marry the lightning-fast, borderless nature of digital assets with the stability of traditional currencies. They achieve this by pegging their value to reserves like fiat currencies or commodities. Stablecoins are engineered to maintain a fixed exchange rate, typically one-to-one, with the underlying asset. What does “stability” mean? At its core, stability demands three pillars: Reliable collateral: The tangible assets that back the token. Transparency: The ability for anyone…

Fartcoin Price Up 30% Today: Is Meme Coin Mania Back?

Key Notes FARTCOIN has recorded a 30% price increase in the past day, reaching $0.57. The meme coin’s trading volume has skyrocketed by 90%, totaling $363 million. A bullish cup and handle pattern is forming on FARTCOIN’s 4-hour chart, indicating potential for a breakout. While the overall crypto market faces a struggling period sparked by US President Donald Trump’s new global tariff push, Solana-based Fartcoin FARTCOIN $0.58 24h volatility: 24.0% Market cap: $576.42 M Vol. 24h: $349.19 M has seen a major uptick in its value. The meme coin has…

China’s tariff response may mean more capital flight to crypto: Hayes

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China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes. “If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said Hayes on X on April 8 in reference to the catalyst needed to resume the crypto market bull run. Hayes said that if the Chinese central bank devalued its currency, the yuan, the “narrative [is] that Chinese capital flight will flow into Bitcoin,” adding that “it worked in…

First XRP ETF in U.S. to Go Live as 2x Leveraged Product

Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap,…

Nigerian court postpones Binance tax evasion case to end of April: Report

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A Nigerian court has reportedly delayed the country’s tax evasion case against Binance until April 30 to give time for Nigeria’s tax authority to respond to a request from the crypto exchange. Reuters reported on April 7 that a lawyer for Binance, Chukwuka Ikwuazom, asked a court the same day to invalidate an order allowing for court documents to be served to the company via email. Binance doesn’t have an office in Nigeria and Ikwuazom claimed the Federal Inland Revenue Service (FIRS) didn’t get court permission to serve court documents…

US to get its first XRP-based ETF, launching on NYSE Arca

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Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca. The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1.85% management fee and annual expense ratio, according to the company’s website. The XRP-based ETF will trade under the XXRP ticker beginning April 8. “If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium…

Wall Street is suffering a stinky meltdown while Fartcoin is up 30%

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While crypto and stock markets are deep in the red this week, one memecoin is defying the trend and surging at the time of writing.  Fartcoin (FARTCOIN) has surged a whopping 30% over the past 24 hours, topping $0.60 on April 8, according to CoinGecko.  On April 7, the Solana-based memecoin hit a low of $0.42 amid the broader crypto market slump, which saw Bitcoin (BTC) prices fall below $75,000 to a five-month low.  However, since then the token has gained more than 40% and is one of the crypto…