U.S. stocks surged Tuesday, recouping steep losses from the previous session, as investors bet on easing trade tensions between the U.S. and China. The Dow Jones Industrial Average rose 1,009 points, or 2.7%, while the S&P 500 gained 2.4% and the Nasdaq Composite climbed 2.5%. Markets spiked after Treasury Secretary Scott Bessent told a group of investors that the current U.S.-China trade standoff is “unsustainable” and signaled that a “de-escalation” is likely. “No one thinks the current status quo is sustainable,” Bessent said during a JPMorgan-hosted meeting, according to sources…
Month: April 2025
Bitcoin analysts target $95K as Trump’s trade war cools — Do BTC futures agree?
Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors’ concerns over a potential economic recession amid ongoing global trade tensions. The tides are shifting, but does data support a Bitcoin price rally above $95,000? Bitcoin 2-month futures annualized premium. Source: Laevitas.ch In neutral markets, the Bitcoin futures premium typically ranges between 5% and 10% to compensate for the longer settlement period. At present, the annualized premium stands at 6%, which…
Peirce signals SEC ‘reorientation’ under new chair Paul Atkins
US Securities and Exchange Commission member Hester Peirce, currently leading the agency’s crypto task force, offered a preview of what the industry could expect now that Paul Atkins has been sworn in as the regulatory body’s chairman. Speaking to Cointelegraph before the US Senate confirmed Atkins’ nomination and he took his position as SEC chair, Peirce said she welcomed the opportunity to work again with the incoming agency leader. Peirce worked as Atkins’ counsel from 2004 to 2008 during the then-commissioner’s first term at the SEC. “He cares about economic…
Crypto Analyst Says “XRP Is Dead” Sentiment Is A Lie, Reveals The Truth
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. Crypto analyst 589Bull has asserted that the “XRP is dead” narrative is a lie. The analyst went further to reveal the truth and explain why market participants should be…
Bitcoin breaks downtrend with spike toward $92.6K, but who’s behind the price momentum?
Bitcoin (BTC) price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a new all-time high of $3,500. While the BTC rally and its growing decoupling from equities are noteworthy, it’s the derivatives market that offers an even more bullish signal. According to data from CoinGlass, Bitcoin open interest (OI) soared by 17%, reaching a 2-month high at $68.3. OI measures the total capital invested…
Bitcoin Rallies to $91K as Crypto Market Swells by $130B in a Day
On Tuesday, the global crypto market climbed 4.94%, buoyed by bitcoin reaching an intraday peak of $91,761. The leading digital asset has appreciated 5.1% within the past 24 hours, with the broader crypto economy expanding by $130 billion since 5 p.m. on Monday. Bitcoin Booms, Wall Street Rebounds: Dow, Nasdaq, and S&P Ride Tuesday High […] Original
Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe
Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation meeting last week, on April 18. “We declined to show up,” Konanykhin told CoinDesk, adding that the SEC had made demands ahead of the meeting that he found “unacceptable.” He declined to share specifics, telling…
What will it take for XRP to replace Bitcoin as digital Gold
XRP has hit one key milestone after another in 2025, while Bitcoin disappointed users awaiting a massive rally. With the SEC vs. Ripple legal battle drawing to an end and Ripple’s victory, XRP hit a peak of $3.40 in January, rewarding long-term holders. Bitcoin (BTC) is slowly losing its edge as a “safe haven” during geopolitical crises and Ethereum is in a state of decline, XRP stands out as a key competitor to the largest cryptocurrency’s “digital Gold” narrative in 2025. Ripple lawsuit legal drama: Quick recap Ripple, the payment…
DeFi Development Corp adds $11.5M SOL, shares jump 12%
DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives. According to an April 22 announcement, the company added 88,164 Solana (SOL) to its treasury, worth $11.5 million and bringing its Solana stake to $34.4 million. On April 7, DeFi Development Corporation was acquired by a group of former Kraken executives. As part of the deal, the company announced a shift toward crypto, including a rebrand and a Solana-based reserve treasury. Before the transition, Janover operated in the real…
Dogecoin Trader Who Nailed 300% Rally Says It’s About To Repeat
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. Dogecoin (DOGE) is once again breaking out of a textbook falling‑wedge formation, and the analyst who anticipated the memecoin’s last three‑fold explosion thinks the stage is set for an…