Author: boss

X’s Cashtags Feature Drives $1B Trading Volume

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Social media platform X has already generated roughly $1 billion in trading volume from its new Cashtags feature, which allows users to view stock and crypto data directly from the app. In a post to X on Friday, the company’s head of product, Nikita Bier, said the estimated $1 billion in trading volume was reached after launching on Tuesday night, citing data aggregated from X’s trading pilot. Based on aggregated data from our trading pilot, X has driven a estimated $1 billion in trading volume globally since launching on Tuesday…

Supply Rises, But SOPR Stays Below 1.0

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Bitcoin’s long-term holder cohort is still expanding, but a key profitability gauge has slipped back below neutral, creating a more cautious read on market structure even as older supply continues to move out of circulation.In an April 17 market note, on-chain analyst Axel Adler Jr. said Bitcoin’s LTH Realized Supply climbed from 5.26 million BTC in January to 8.32 million BTC as of April 16, an increase of 3.06 million BTC in three months. At the same time, LTH SOPR, measured on a seven-day moving average, fell to 0.979 and…

Worldcoin Falls 13% as World Expands Iris-Scanning Tech

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Worldcoin fell 13.4% to roughly $0.28 on Friday as World, the identity-focused company led by OpenAI CEO Sam Altman, unveiled several new integrations for its “proof of human” stack, which uses iris-scanning technology to verify identities. Video conferencing tool Zoom is integrating World’s Deep Face authentication to prevent deepfakes, while electronic signature platform Docusign is adding World’s ID verification tech to digital agreements, World said on Friday. Dating app Tinder is also expanding its World ID verification to US users. “As AI agents increasingly act on behalf of real people, the…

Danger Zone Or Entry Point?

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Aave has surged more than 30% since Monday, making it one of the standout performers in a market that has been searching for momentum. The move is drawing attention — and raising a question that is worth examining carefully: is this a genuine recovery, or a relief bounce after one of the most turbulent stretches in the protocol’s recent history? Related Reading To understand what the rally means, it helps to understand what preceded it. According to top analyst Darkfost, Aave has been navigating a serious confidence crisis. Chaos Labs,…

Bitcoin, Ether Lead Sustained Gains for Crypto ETFs

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Key Takeaways Bitcoin ETFs added $26.05 million, led by Blackrock’s IBIT, extending a 3-day inflow streak. Ether ETFs gained $18.02 million over 6 days, signaling steady recovery despite mixed flows. XRP rose $11.87 million and Solana $15.5 million, suggesting broader ETF demand may continue. Bitcoin ETFs add $26 Million as Crypto Rally Broadens The ETF rally did not fade. It tightened. For a third consecutive session, crypto ETFs attracted fresh capital, reinforcing a recovery that is now beginning to look more durable. The pace slowed, but the direction remained intact.…

Dogecoin Could Shock Traders With A Run To $5, Analyst Says

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A crypto market commentator behind the High Altitude Investing YouTube channel says Dogecoin may be setting up for a sharp upside move, pointing to a mix of short-term technical signals and a longer-term chart pattern he argues resembles earlier breakout structures seen in Bitcoin and XRP. In a video from April 17, the analyst framed the meme coin’s current setup as both a near-term trading opportunity and a broader cycle call, arguing that Dogecoin’s correction may be complete and that the asset could ultimately target levels above $2, with a…

Bitcoin Price Prediction: BTC Eyes $125K Target

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Bitcoin price prediction turned aggressively bullish early Friday as CoinDesk reported that perpetual funding rates dropped to their most negative level since 2023 on a seven-day moving average, with ZeroStack CEO Daniel Reis-Faria targeting $125,000 within 30 to 60 days if the market’s heavily short positioning is forced to unwind. Summary BTC was trading near $74,700 in Asian morning hours Friday, up 3.5% on the week but down 0.4% on the day, with the 10-day global equity rally pausing ahead of the April 22 Iran ceasefire expiry. The 7-day moving…

Russia Introduces Bill To Criminalize Unregistered Crypto Services

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Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country’s legal code to attach criminal liability for crypto services offered without regulatory approval or licensing. In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities “carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability. Without registration with the Bank of Russia, individuals could face up to $4,000 in fines and…

Can This Latest Integration Send Solana To $500 And XRP to $10?

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The crypto market is buzzing after new speculation about a potential collaboration between Solana (SOL) and XRP spread across social media. This comes alongside claims of a wrapped XRP (wXRP) expansion into Solana-based decentralized finance. The developments have fueled debates among traders and analysts, with some pointing toward potential liquidity shifts and others highlighting their bullish impact on prices. If true, an integration between Solana and XRP could be the catalyst the market has been anticipating to push them toward much higher valuations.  Solana Drops “XRP” Bomb On X The…

Polymarket Traders See 73% Chance of Hormuz Strait Reopening by May 31

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Polymarket prediction market odds of the Strait of Hormuz “returning to normal” by the end of May spiked to 73% on Friday, following news that Iranian officials have temporarily opened up the Strait of Hormuz as part of a ceasefire deal. The odds climbed to a high of 82% on Friday, after Iranian Foreign Minister Seyed Abbas Araghchi announced that the Strait of Hormuz is open. Since that time, the odds have fallen back down to 73%. He said in an X post: “The passage for all commercial vessels through…