Ukraine’s financial system collapsed into chaos Saturday as major banks, payment services, and digital platforms across the country crashed at once, according to Bloomberg. People across Ukraine said they couldn’t swipe cards at retail stores, hop on public transport, or pay for taxi rides. Mobile payment apps like Apple Pay were also dead, leaving thousands stuck without ways to pay for basic goods and services. Serhiy Naumov, the CEO of Oshchadbank, Ukraine’s government-run savings bank, said on Telegram that a large data center used by the bank had gone down. Naumov confirmed the crash caused widespread banking disruptions. Meanwhile, Nova Poshta, the country’s biggest private post office and a company that now operates outside the country, posted on Facebook that its services had been taken offline due to “technical problems.” Diia, Ukraine’s national digital services platform, also stopped working. The Ministry of Digital Transformation said a technical update at one of its major data centers triggered the collapse. U.S. funding cuts strip Ukraine’s cyber defenses Even though nobody has officially blamed cyberattacks yet, Ukraine has been under nonstop cyber pressure ever since Russia’s full-scale invasion in 2022. As Cryptopolitan reported on Friday, American efforts to help the European nation defend itself have been gutted by Donald Trump’s new White House policies. After Trump was sworn in this January, the administration moved fast to slash budgets across U.S. agencies. Ukraine felt the cuts harder than almost anyone else. Cybersecurity support, military shipments, and even intelligence cooperation all dried up. Critics say Trump’s White House is pushing Ukraine’s President Volodymyr Zelenskiy to accept a peace deal that leans heavily toward Russia’s interests. Over the last five years, the U.S. Agency for International Development (USAID) poured more than $200 million into Ukraine’s cybersecurity efforts. The National Security Agency and U.S. Cyber Command also pitched in with technical support, equipment, and training. Their help kept Ukraine’s government ministries, national bank, telecommunications companies, and power providers running even under heavy Russian cyberattacks. Those lifelines have been yanked. USAID , once Ukraine’s biggest cybersecurity backer, was gutted by Elon Musk’s Department of Government Efficiency (DOGE) starting in February. Musk said on X that USAID was “interfering with governments worldwide” and “pushing radical left politics,” but he didn’t show any evidence for his claims. Cybersecurity contracts collapse after White House cuts Dozens of cybersecurity contractors working in Ukraine and the United States have had their deals canceled or frozen, according to eight people familiar with the matter who allegedly spoke to Bloomberg. These were the people helping Ukraine stop Russian hackers from crashing power plants and infiltrating the Cabinet of Ministers, the country’s executive leadership body. American grants had funded cybersecurity at government offices, election infrastructure, gas and energy companies, and even nuclear sites. Some programs were greenlit during Trump’s first term, but the second Trump administration cut them off without warning. The situation got even worse after Russia’s February 2022 invasion, when USAID sharply increased cybersecurity funding to help Ukraine survive the flood of new attacks. Now, with Musk leading the drive to dismantle foreign aid programs, even that backup is gone. This week, Vice President JD Vance warned that if the warring European nations don’t accept the Trump-backed peace deal, the United States might ditch the peace process altogether. That move could slam the door on any future cybersecurity assistance. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Cryptopolitan 2025-04-26 16:39
The post XRP Set for 1000% Rally? Gold’s Drop Could Trigger Massive XRP Rally! appeared first on Coinpedia Fintech News While the crypto market has been moving sideways for months, something interesting is happening with XRP. In the past, when gold slowed down after a strong run, XRP went on a huge 1,000% rally. Now, with gold cooling off and the Ripple vs SEC case nearly over, many are wondering — is it finally XRP’s time to shine again? XRP Could Be Ready For Breakout Over the past few months, gold has been performing extremely well, climbing nearly 89% from October 2023 to April 2025. While gold kept breaking records, the crypto market, including Bitcoin and XRP, has seen a modest increase, not as much as of gold surge. However, things are starting to change now. Gold has pulled back slightly from its peak, dropping about 6% and is now trading around $3,318 . At the same time, Bitcoin is bouncing back, this week, it climbed to $95,000 with an 11% gain, showing that the crypto market might be waking up again. Meanwhile, XRP has been trying to stay strong above the $2 mark, but hasn’t shown much of a jump over the period yet. History Could Repeat for XRP Interestingly, this pattern looks very similar to what happened in 2020. Back then, gold had a strong run while crypto stayed weak. But when gold started slowing down, XRP and the rest of the crypto market shot up. In 2020, XRP rose from just $0.17 to around $1.96, a gain of over 1,000% even though Ripple was still fighting a major lawsuit with the SEC at the time. Although now the SEC case against Ripple is also close to ending, which could remove a big risk for XRP and give it more room to fly higher. Could XRP Do It Again? However popular crypto analyst named Cryptarch on TradingView believes XRP could soon go higher. He expects the price to move up step-by-step, first testing important levels like $2.49, $3.00, and $3.39. He even thinks XRP might even jump to $6.50 soon, which would be almost a 200% increase from where it is now. Giving an even more hopeful prediction, crypto supporter Davinci Jeremie says XRP could reach $24 this year. As of now, XRP is trading at around $2.20 , reflecting a slight rise seen in the last 24 hours with a market cap hitting $128 billion.
coinpedia 2025-04-26 16:37
Bitcoin's (BTC) price action is relatively muted as it hovers around $95,000. The flagship cryptocurrency went past $95,000 on Friday, rising to $95,620, but lost momentum and declined to its current level of $94,285. Analysts predict BTC could reclaim $100,000 and potentially rally to a new all-time high if bullish momentum picks up. Bitcoin (BTC) Poised For Strongest Weekly Gain Bitcoin’s 11% jump to crack the $95,000 ceiling is on track to become its strongest weekly performance since November 2024. The flagship cryptocurrency pushed above $95,000 Friday before registering a marginal decline. BTC is marginally up over the past 24 hours as it looks to build momentum and reclaim $95,000. The broader crypto market also continued its positive momentum, with most cryptocurrencies, including Ethereum (ETH), Ripple (XRP), and Solana (SOL) trading upwards. The gains indicate that the markets have overcome the early-April turmoil created by economic uncertainty and Trump’s tariffs. ETFs have also bounced back, recording $2.68 billion in net inflows this week, the highest since December, according to data from SoSoValue. The flagship cryptocurrency’s resilience highlights its decoupling from traditional macro assets. David Duong, Global Head of Research at Coinbase Institutional, stated, “It’s rare to witness market inflection points in real-time, as we only tend to recognize major regime shifts with the benefit of time and reflection. This week’s decoupling of Bitcoin’s performance from that of traditional macro assets may be as close as we come to such a moment. In our view, this divergence highlights bitcoin’s maturing role as a store-of-value asset—one that is increasingly being viewed by institutional and retail investors alike as resilient against the macroeconomic forces affecting risk assets more broadly.” Swiss National Bank Dismisses Bitcoin Reserve An official from the Swiss National Bank has dismissed calls for adding Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to a report by Reuters, Swiss National Bank Chairman Martin Schlegel stated that cryptocurrency cannot fulfill the requirements of Switzerland’s currency reserves. The comments come amid growing pressure from the crypto industry to add BTC to the bank’s reserves. Luzius Meisser, a board member of cryptocurrency broker Bitcoin Suisse, stated, “Holding Bitcoin makes more sense as the world shifts towards a multipolar order. The need is even more dire now that the dollar and the euro are weakening.” This is not the first time the Swiss National Bank under Schlegel has pushed back against the idea of adding Bitcoin to its reserves. Schlegel had earlier stated he did not want to create a Bitcoin reserve in Switzerland due to the asset’s volatility. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has registered a marginal decline during the ongoing session as selling pressure around $95,000 prevents a push higher. The flagship cryptocurrency has had a bullish week, rising over 11%, and is on track to post its highest weekly gain since November 2024. One analyst believes BTC is gearing up for a massive price surge that could take it to $150,000 or beyond. The analyst pointed out that $89,000-$90,000 were key levels for BTC , stating that if the price fell below this level, it would have to wait for momentum to return. Additionally, Bitcoin’s Market Value to Realized Value (MVRV) has formed a Golden Cross with its 365-day Simple Moving Average (SMA). BTC has also reported a significant rise in its Apparent Demand. The indicator returned to positive territory after spending several weeks in the red. Bitcoin’s Apparent Demand measures the cumulative net demand for BTC over the past 30 days, tracking wallet accumulation and exchange outflows. An increase in this metric suggests strong buying pressure and bullish sentiment, leading to a potential rally. This is the first time since February that the Apparent Demand has turned positive, aligning with growing spot Bitcoin ETF inflows and accumulation by long-term holders. According to John Glover, chief investment officer of crypto lender Ledn, markets will remain choppy over the next week, but the flagship cryptocurrency should reclaim $100,000. “My expectations continue to be for a rally to $133-$136k into the end of this year, beginning of next.” BTC crossed the 50-day SMA on Thursday, rising 1.10% and settling at $84,956. The price lost momentum on Friday, registering a marginal drop and settling at $84,518. Sentiment changed over the weekend as BTC registered an increase of 0.61% to reclaim $85,000 and settle at $85,033. The price continued to push higher on Sunday despite selling pressure, registering a marginal increase and settling at $85,224. Bullish sentiment intensified on Monday as the price surged past $87,000 and settled at $87,508. BTC rallied on Tuesday, rising almost 7% to surge past $90,000 and settle at $93,373. Source: TradingView However, the rally lost momentum Wednesday as BTC encountered volatility and selling pressure. Despite this, the price rose 0.40% and settled at $93,749. Sellers drove BTC to a low of $91,693 on Thursday. However, buyers did not cede ground to the bears, and the price rebounded from this level to cross $94,000 and settle at $94,009. Buyers retained control on Friday as BTC registered an increase of almost 1% and $84,776, but not before reaching an intraday high of $95,865. The flagship cryptocurrency is marginally down during the current session as it attempts to overwhelm the overhead resistance. If BTC breaks above this level, it could reclaim $100,000 and push toward its all-time high. However, if the price dips below $90,000, it could signal buyer exhaustion. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-04-26 16:37
SEC Commissioner Mark Uyeda has proposed that state-chartered trust companies should be permitted to act as qualified custodians for Bitcoin and other cryptocurrencies. He suggests that allowing these institutions to custody digital assets would provide investment advisers with more options and increase competition in the market. Uyeda's proposal is part of ongoing regulatory discussions about expanding custodial options for investment advisers and clarifying the role of state-chartered trusts in the custody of cryptocurrencies. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The Defiant 2025-04-26 16:35
Nick Tomaino, founder of 1confirmation, recently highlighted an essential concern in the crypto landscape via a post on X. He indicated that a significant portion of individuals within the blockchain
CoinOtag 2025-04-26 16:34
With the deep penetration of blockchain technology and digital currency in the global economy, cloud mining has become a new focus in the investment field with its low threshold and high yield. As a representative of industry innovation, DN Miner redefines the passive income model of cryptocurrency mining through the dual-wheel drive of technological innovation … Continue reading "Effortless Crypto Mining: DN Miner’s Compliant Cloud Solution" The post Effortless Crypto Mining: DN Miner’s Compliant Cloud Solution appeared first on Cryptoknowmics-Crypto News and Media Platform .
Cryptoknowmics 2025-04-26 16:31
Bitcoin has been on the rise again with positive sentiment returning after Donald Trump revealed plans to reduce tariffs on China. This suggests that an end to the tariff wars which began in January 2025 could be drawing to an end. Taking this as a sign, Bitcoin whales have begun to make moves once again. So far, they have bought almost 20,000 BTC, with BTC exchange outflows rising to levels not seen in over two years. Bitcoin Exchange Outflows Reach February 2023 Levels According to the on-chain data tracking platform CryptoQuant, more BTC has been flowing out of exchanges at levels that have not been seen in two years. This data was taken on a 100-day moving average basis and shows netflows are down significantly from not only 2025 and 2024, but dating as far back as 2023. Related Reading: Is The XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is Coming CryptoQuant’s data shows that Bitcoin net flows from all exchanges have crashed by more than 50% in the last year. Currently, it is sitting so low that the last time it was this low was back in January 2023, when the crypto market was just coming out of the impact of the FTX crypto exchange collapse. When net flows are this low, it suggests that Bitcoin investors are choosing to accumulate rather than sell. It points to withdrawals from exchanges into private storage, with investors holding onto their BTC in anticipation of higher prices before they begin to sell. “This essentially indicates the highest Bitcoin outflow from exchanges since that date,” CryptoQuant explained in the post. “A review of historical patterns suggests that this could imply re-accumulation of assets by investors.” BTC Whales Are Turning Bullish Again The recent Bitcoin price rise seems to be driven by bulls who had taken the reduced price to accumulate large amounts of BTC in a very short time. Santiment reported on this development, showing how the 11% Bitcoin price rise could have been driven by the buying activities of these large investors. Related Reading: Bitcoin Price Recovery At Stake If This Level Doesn’t Hold, Crash Could Erase Gains The post shows that investors holding between 10 and 10,000 BTC had gone on a buying spree in the last week. In total, they added 19,255 more BTC to their balances in only seven days. This shows that whales had realized how undervalued the BTC price was and had seized the opportunity to secure profits quickly. At the time of writing, the Bitcoin price was trending around $94,578, showing strong staying power from the bulls. Featured image from Dall.E, chart from TradingView.com
NewsBTC 2025-04-26 16:30
A widely followed crypto analyst and trader is leaning bullish on a mid-cap Dogecoin ( DOGE ) and Shiba Inu ( SHIB ) competitor. Pseudonymous analyst Altcoin Sherpa tells his 244,900 followers on the social media platform X that Pepe ( PEPE ) memecoin is primed to go up by around 100% after undergoing consolidation and accumulation in a manner similar to 2024. “PEPE also went through a three-month accumulation/consolidation cycle in the late third quarter of 2024 and then had another run in December. It’s currently in the same exact region in the same consolidation. I expect PEPE to do a 2x or something from the bottom at a minimum.” Source: Altcoin Sherpa/X PEPE is trading at $0.00000884 at time of writing, up by around 23% over the past seven days. On what has replaced the altcoin seasons, the widely followed analyst says, “There are no more altcoin seasons, get that framing out of your head for now. Instead, you have one to three months of good times and then two to six months of bad times/chop.” Over the near term, the pseudonymous analyst says that Bitcoin staying above a key psychological support level represents bullish opportunities for altcoins. “These are dip-buying opportunities in my opinion. BTC is above $90,000 and the entire environment’s looking a lot better; don’t s**t yourself when altcoins take that first 20% dip. Look to scale in the next few days if we see more red, don’t be scared.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Says Dogecoin and Shiba Inu Rival Mirroring 2024 Pattern That Led to 370%+ Surge, Predicts 2x Rally appeared first on The Daily Hodl .
The Daily Hodl 2025-04-26 16:30
There’s something different happening in the crypto space right now. While big names like Solana keep dominating the headlines, a new contender is starting to emerge—and it’s quickly becoming impossible to ignore. That project is MAGACOINFINANCE.COM , and it’s capturing attention with the kind of early-stage momentum investors dream about. While million-dollar transformations are rare, they all start with one factor: early positioning. And right now, MAGACOINFINANCE is where that positioning begins. MAGACOINFINANCE Is Gaining Ground as a Top Discovery Token Not every new crypto launch can hold the spotlight. MAGACOINFINANCE , however, isn’t just holding it—it’s expanding it. With a steadily growing user base, transparent updates, and a roadmap that’s being executed with real precision, it’s separating itself from the flood of noise in the early-stage market. This isn’t a typical short-term pump. It’s a calculated project rollout supported by community engagement, wallet growth, and increasing visibility across analyst platforms. The best part? It’s still early—and early is where real opportunity lives. For seasoned traders, MAGACOINFINANCE is looking like one of the few new names that could actually make a long-term impact. Other Movers in Focus: Polkadot, Kaspa, and Aptos Polkadot remains one of the most innovative networks in interoperability. Its parachain model allows developers to build specialized blockchains, all while staying connected to a broader ecosystem. Kaspa is being talked about more and more for its speed and its unique take on consensus. It offers something rare—a scalable proof-of-work system that doesn’t compromise on decentralization or performance. Aptos continues to shine in the Layer-1 race. With a new approach to transaction execution and a developer-first mindset, it’s drawing a steady wave of projects onto its platform. Each of these assets is building toward a bigger footprint. But right now, MAGACOINFINANCE is the one still wide open for discovery. Final Word From $1,200 to millions? That’s the kind of vision that built this industry. MAGACOINFINANCE.COM may not be there yet—but it’s heading in the right direction, with the kind of momentum that could make that vision a reality. For investors watching closely, the window is open. The only question is—for how long? To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: From $1,200 to Millions? MAGACOINFINANCE.COM Is on the Radar with SOLANA!
BitcoinSistemi 2025-04-26 16:30
According to recent disclosures by Nate Geraci, President of The ETF Store, Grayscale’s GBTC has experienced a *remarkable uptrend* over the past nine days. This trend is highlighted by *steady
CoinOtag 2025-04-26 16:28
Michael Saylor, the Executive Chairman of the world’s largest Bitcoin corporate holder Strategy, has predicted that in the next ten years, BlackRock’s iShares Bitcoin Trust (IBIT), which launched in January 2024 alongside 10 other US-based spot Bitcoin ETFs, will become the largest ETF in the world. BlackRock’s Bitcoin ETF Accounts For Nearly 3% Of Entire BTC Supply It might be pocket change when considering BlackRock currently boasts trillions of dollars in assets under management, but it hasn’t gone unnoticed that the asset management giant’s Bitcoin ETF stash is closing in on 3% of Bitcoin’s total supply. “BlackRock is accumulating. They now hold 2.77% of the entire Bitcoin supply,” Arkham Intelligence wrote to X on Friday, noting the Wall Street behemoth had added a staggering $1.2 billion in BTC this week alone. As of April 26, BlackRock held approximately 582,000 BTC via IBIT, worth around $54 billion. That makes it the 33rd biggest exchange-traded fund by assets under management. In comparison, the largest ETF by market cap, the Vanguard S&P 500 ETF (VOO), boasts a market capitalization of $593.5 billion, more than ten times that of IBIT. However, speaking at the Bitcoin Standard Corporation’s Investor Day, Strategy’s Michael Saylor forecasted that “IBIT will be the biggest ETF in the world in ten years.” NEW: @saylor predicts that @BlackRock ’s $IBIT will be “the biggest ETF in the world in ten years.” pic.twitter.com/cyDDFf47FV — Eleanor Terrett (@EleanorTerrett) April 24, 2025 Bloomberg’s senior ETF analyst Eric Balchunas concurred with Saylor that IBIT could potentially become the world’s biggest ETF, though he stressed that it would be extraordinary. “It’s possible, especially if IBIT starts taking in more cash than VOO, but that would require inflows well north of $1 billion a day — more likely in the range of $3 to $4 billion daily, to gain ground. In short, some extraordinary things would have to happen, but it’s possible,” Balchunas said. It’s pertinent to note that this is not Saylor’s first insanely optimistic Bitcoin-related prediction. As ZyCrypto reported previously, the tech entrepreneur said he thinks the crypto will rocket to a price of $13 million per coin over a 21-year period. Saylor’s company currently holds 538,200 BTC , worth roughly $51 billion. Bitcoin recently changed hands at $94,969, up 1.5% over the past 24 hours. The largest cryptocurrency by market cap is up 13.5% over the past 14 days.
ZyCrypto 2025-04-26 16:25
Swiss National Bank (SNB) President Martin Schlegel has rejected holding Bitcoin reserves , citing market liquidity and volatility as reasons for doing so. Schlegel concedes that Bitcoin can have a high level of liquidity at times, but during crises, this liquidity can become less stable. Schlegel further states that Bitcoin is well known for its volatility, experiencing wild swings in market prices, which prevents the digital asset from being used to preserve long-term value. Schlegel concluded that Bitcoin is not an appropriate asset for the SNB’s reserve at this time. The Bitcoin Initiative, a group advocating for an SNB reserve, argued that SNB investments grew by about 10% since 2015. Using a back-of-the-envelope analysis, if the SNB added 1% of Bitcoin to its reserve, it would have nearly doubled its returns. Moreover, the volatility of the SNB portfolio would have only increased slightly. The Bitcoin Initiative concluded that Bitcoin’s volatility should not be analyzed in isolation, but rather considered in conjunction with the other assets in the current portfolio. The Bitcoin Initiative further noted that Bitcoin was resilient to market stress, highly liquid even with large sums of capital, and remained available even on bank holidays. Schlegel, however, disagreed with the Bitcoin Initiative and said a reserve needs a high level of liquidity to buy and sell foreign currencies at a rapid rate. He also reiterates that Bitcoin has very high volatility, making it difficult for the SNB to include it in its portfolio. Schlegel states that SNB needs to maintain control over the reliability of the bank’s reserves. The extremely high volatility of Bitcoin makes the currency a risky asset for the bank. SNB, therefore, maintains a conservative stance regarding cryptocurrencies, despite many advocates pushing for a Bitcoin reserve. There is a lot of interest in adopting a Bitcoin reserve in Switzerland. Yet, at this point, SNB’s Schlegel is not convinced about the suitability of Bitcoin for the Swiss bank. The Bitcoin Initiative, meanwhile, believes that the SNB should urgently consider a Bitcoin reserve to offset the risks caused by Trump’s tariffs. They believe that the bank should consider diversifying its reserves and include a currency that has been referred to as digital gold. A referendum campaign has started to change the constitution and force the SNB to hold both Bitcoin and gold reserves. Schlegel, however, remains firm with his strategy, saying that liquidity and volatility are factors that discount Bitcoin. He claims that the bank should be able to buy and sell currencies at any time. Schlegel has opposed the idea of a Bitcoin reserve in the past. Last month, he stated that the SNB has no plans to buy cryptocurrencies. He argued that foreign exchange reserves are strictly for implementing monetary policy. Schlegel mentioned that crypto proves difficult to preserve value over time due to its significant price fluctuations. He also pointed out that crypto was software and could be prone to security risks such as data breaches and software bugs. Time will tell whether the SNB will change its strategy or maintain a conservative approach focused on implementing monetary policy.
ZyCrypto 2025-04-26 16:20
