A March 31 Finbold report found that Elon Musk’s tenure with the Department of Government Efficiency (D.O.G.E.) coincided with a 40% decline in the number of Dogecoin ( DOGE ) millionaire addresses, with the billionaire’s historical influence on the meme coin hinting at causation rather than mere correlation. However, on April 8, a process was initiated that culminated in the businessman announcing the winding down of D.O.G.E. involvement, due to a tariff spat with Pete Navarro, President Donald Trump’s trade advisor. By April 25, Finbold Research had found that Musk’s anticipated exit led to the emergence of 183 new DOGE millionaires – a 14.33% increase compared to April 8, the starting date of mounting tensions between Elon Musk, the Trump administration, and their joint government efforts via D.O.G.E. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Specifically, the number of addresses holding between $1 million and $9.99 million worth of Dogecoin increased from 1,082 to 1,223 since the initial reported dispute, while the number of those worth $10 million or more rose by 21.54% from 195 to 237. How Musk’s involvement with D.O.G.E. impacted DOGE The comparison with both March 31 and April 8 demonstrates that the total number of DOGE millionaires first dropped from 1,366 to 1,277 and then increased to 1,460, demonstrating that the direction hasn’t been entirely steady. Notably, the period also saw a dramatic change in Dogecoin’s cryptocurrency market performance. Between March 31 and April 8, DOGE’s price dropped from $0.167 to a low of $0.142, and the meme coin’s market capitalization plunged from approximately $24 billion to about $19.7 billion. Between April 8 and press time on April 25, however, Dogecoin’s price rallied 27.46% to $0.181, and the cryptocurrency’s market cap increased by some $7.1 billion as it climbed to just under $27 billion. Elon Musk’s historical impact on Dogecoin Elon Musk’s historical impact cannot be dismissed, as the billionaire has served as a relatively regular trigger for major price swings since he first described Dogecoin as his favorite such cryptocurrency. Similarly, the impact the South African-Canadian-American billionaire has had on assets closely associated with him is amply demonstrated by the issues Tesla (NASDAQ: TSLA ) has faced in the stock market and on the business side. In a report published on April 24, Finbold research revealed that the first quarter (Q1) of 2025 has been especially weak for the electric vehicle ( EV ) maker is witnessed a 37.2% year-over-year (YoY) drop in sales in Europe, with Musk’s controversial political engagements being a likely driver for the disappointing numbers. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Indeed, internationally, the billionaire has courted controversy, for example, by endorsing divisive political parties. In the U.S., allegations of monitoring government employees for anti-Trump sentiment using artificial intelligence ( AI ) have been just some of the many actions that have cost him approval. Elon Musk’s 2025 impact on Dogecoin In the case of Dogecoin, the situation isn’t as clear. Not only has the price of the meme coin increased significantly more than the number of millionaire addresses, but other factors such as the latest across-the-board rally and cryptocurrencies’ increasing correlation with gold , one of 2025’s best-performing investments, are also in play. Nonetheless, it is difficult to miss that the alleged Musk-Trump dispute marked a low point for Dogecoin, and the road has been overwhelmingly positive since then. Featured image via Shutterstock The post Dogecoin millionaire count soars as Musk to step back from D.O.G.E appeared first on Finbold .
Finbold 2025-04-25 15:38
April 25th, 2025 – Willemstad, Curaçao Whale.io , a leading crypto iGaming operator that operates multichain, is charging toward its highly anticipated WHALE Token Generation Event (TGE). While the exact TGE date remains under wraps, the event is closer than ever, and Whale.io is making bold moves to build momentum. This week, the Whale crew is heading to TOKEN2049 in Dubai, the premier global crypto conference, as the official wristband sponsor. With a packed schedule of co-hosted side events, exclusive merchandise giveaways, and a vibrant social campaign, Whale.io is ready to introduce its thriving platform and upcoming token to the world’s crypto elite. Making a Splash at TOKEN2049 Dubai TOKEN2049 Dubai is expected to draw over 15,000 attendees, including Web3 entrepreneurs, investors, developers, and enthusiasts, making it the perfect stage for Whale.io to showcase its vision. As the wristband sponsor, Whale.io’s branding will be front and center, ensuring visibility across the conference. The team is also co-hosting and sponsoring several high-profile side events during TOKEN2049 Week, offering attendees immersive experiences to engage with the Whale brand. From exclusive parties to networking meetups, these events will highlight Whale.io’s innovative approach to crypto gaming and its community-driven token model. Whale.io’s presence at TOKEN2049 goes beyond sponsorship. The team will be actively participating in side events, distributing exclusive Whale merchandise, and giving out Whale tokens to the crypto community. Attendees are encouraged to keep an eye on Whale.io’s social channels for an exciting social campaign launching during the conference. This campaign will offer sneak peeks into the WHALE token’s utility, interactive challenges, and opportunities to win rewards, further amplifying anticipation for the TGE. How to Get Involved with WHALE Token Today As Whale.io prepares for its TGE, the only ways to participate in WHALE token distribution are through the platform’s engaging features. Players can earn tokens by spinning the Wheel of Whales, a play-to-earn game available on the WheelOfWhales.io website or via the Google Play Store app. Over 5.5 million players are already playing Wheel of Whales to farm tokens in a fun, engaging way. Alternatively, users can earn tokens in Whale.io by complete simple missions or collect tokens with Battlepass, which includes perks like freespins, exclusive merch, and Refer-a-Friend (RAF) earnings. These initiatives ensure that the Whale community is at the heart of the token’s pre-TGE phase and token holders are actual active community members. In the coming days, Whale.io will unveil its Token Dashboard, a public-facing tool that will provide transparency into the WHALE token’s distribution, providing utility and rewards. This dashboard will offer the crypto community a clear view of Whale.io’s commitment to fairness and accessibility, setting the stage for the landmark TGE. What Sets the WHALE Token Apart Backed by an established digital entertainment platform, Whale.io, the WHALE token benefits from integration within an active ecosystem and support from a dedicated community. Designed as the platform’s native token, WHALE enables access to staking features, in-platform rewards, and various user functionalities. The recent token generation event (TGE) has attracted attention due to its alignment with a live platform and user-centric utility. A Successful Business Foundation: Whale.io is a proven all-in-one entertainment hub with a global user base. The WHALE token is directly tied to the platform’s success, with utility as the platform’s native token, staking with multipliers, and other exclusive rewards. As Whale.io grows, so does the token’s demand and value. Earn & Burn Model: Whale.io is committed to reinvesting a percentage of business profits to buying back tokens from the market. This buyback program reduces circulating supply and drives token price. The more the community plays, the greater the revenue, and the more tokens are bought back and burned, creating a virtuous cycle. Gameplay Integration: WHALE tokens will power unique gameplay experiences on Whale.io. Players can stake tokens for rewards, use them to access exclusive games, including new titles developed specifically for WHALE token gameplay. Community-First Approach: Whale.io is taking a bold stance by disregarding venture capitalist (VC) and private funding rounds for the token launch. Instead, the WHALE token is designed to empower retail investors and reward the community. By prioritizing accessibility, Whale.io aims to make its token a wealth-building opportunity for everyday players. Large and Engaged Community: With over 5.5 million Wheel of Whales players and a growing social presence, Whale.io has cultivated a vibrant community of token holders. Features like multiplayer gaming called Tribes, weekly competitions, and referral bonuses foster camaraderie and engagement, ensuring WHALE has a loyal user base from day one. A Token for the Future The WHALE token is more than a digital asset—it’s a gateway to Whale.io’s ecosystem, where gaming, community, and blockchain innovation converge. By tying the token to a real, revenue-generating business, Whale.io ensures its utility extends beyond speculation. Whether used for staking, gameplay, or exclusive perks, WHALE is designed to deliver value to holders while supporting the platform’s growth. As Whale.io prepares for its TGE in Q2 of 2025, the team’s presence at TOKEN2049 Dubai underscores its commitment to transparency and community engagement. The upcoming Token Dashboard will provide further clarity, allowing players and investors to track the token’s progress in real time. Joining the Whale.io Movement Whale.io invites crypto enthusiasts, gamers, and investors to join its journey at TOKEN2049 Dubai and beyond. Visit the conference, participate in social campaign, and follow Whale.io’s socials for updates on upcoming token. To start earning WHALE tokens today, dive into Wheel of Whales, complete missions on the Whale Earn page, or claim tokens by playing games while having an active Battlepass at Whale.io. About Whale.io Whale.io is a multichain crypto casino and sportsbook, offering a secure, transparent, and rewarding gaming experience. With multi-currency support, up to 20% daily cashback, frequent rewards, and a vibrant community, Whale.io is redefining crypto gaming with innovative features like Battlepass and Tribes. The upcoming WHALE token will further enhance the platform, empowering players and driving innovation. Users can discover the future of Whale.io and WHALE token by checking them out here: Website: https://whale.io/ Socials: https://linktr.ee/whalesocials_tg Contact Whale Spokesperson Whale.io support@whale.io This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Whale.io Sets Sail for Token2049 Dubai as Wristband Sponsor, Gearing Up for WHALE Token Launch appeared first on The Daily Hodl .
The Daily Hodl 2025-04-25 15:38
The White House has received over 10,000 public comments on its proposed artificial intelligence (AI) strategy.
BitDegree 2025-04-25 15:38
Ondo Finance’s native ONDO token has surged past the $1 threshold after a high-profile meeting with the SEC’s Crypto Task Force . This remarkable uptick has propelled ONDO to a $3.19 billion valuation, marking the highest level since early March. Over the past 24 hours, the token has climbed by an impressive 14.8%, driven by a record $644.98 million in trading volume across spot markets. On-chain metrics underline this strength, as derivatives trading volume exploded by 128.22% to reach $1.44 billion. Concurrently, open interest in ONDO futures contracts has increased by 29.27% according to Coinglass data, reflecting growing speculative interest among traders deploying leverage. In addition, the underlying liquidity of the Ondo Finance protocol remains robust, with a Total Value Locked hovering around $1.01 billion, reinforcing institutional confidence in its tokenization model. The meeting with the SEC crypto task force The much-hyped meeting convened by the US SEC Crypto Task Force was led by Commissioner Hester Peirce and aimed at exploring compliant frameworks for tokenized securities. During the meeting, representatives from Ondo Finance, including CEO Nathan Allman and CSO Ian De Bode, collaborated with legal experts from Davis Polk & Wardwell in presenting structured tokenization proposals. During the meeting, the representatives discussed key considerations such as registration requirements, broker-dealer rules, market structure regulations, and financial crimes compliance. The meeting also looked into state corporate law implications and explored sandbox mechanisms designed to foster regulated innovation within the digital assets space. This engagement underscores Ondo’s strategic pursuit of legally compliant institutional-grade tokenization solutions that bridge traditional finance and blockchain systems. Also, earlier in the year, Ondo Finance had notably donated $1 million to support the inauguration fund for President Donald Trump, highlighting its active political engagement. Around the same period, Davis Polk & Wardwell was named counsel to Truth Social for its forthcoming launch of crypto-linked ETFs, illustrating the firm’s deepening ties to both political and digital finance sectors. Technical analysis: can ONDO remain above $1? Technical analysis further strengthened the bullish case for ONDO, seeing that the token has broken out of a descending re-accumulation pattern charted over recent weeks. A decisive close above $0.98 has been interpreted by analysts as a catalyst for an initial 21% rally toward $1.18, according to leading market watchers. Ondo price chart by TradingView Notably, should the token breach its immediate resistance near $1.09, technical models suggest a potential extension to $1.20 on sustained momentum. Beyond that, a macro-scale rally targeting $1.88 appears within reach if current bullish conditions and trading volumes hold firm. At present, the primary support level resides at roughly $0.81, a zone that has historically offered reliable buying interest. Should price action continue to favor longs, some prognosticators even envision a surge toward $3.50, leveraging the same momentum that drove ONDO’s rapid ascent this week. Overall, the convergence of regulatory clarity, technical breakouts, and heightened derivatives activity forms a potent recipe for ONDO’s sustained upward trajectory. However, the Relative Strength Index (RSI) is quickly approaching the overbought region, signaling a potential reversal that could see the token retest the support at $0.81. The post Ondo Finance’s ONDO token soars above $1 following SEC’s crypto task force meeting appeared first on Invezz
Invezz 2025-04-25 15:35
The crypto market continued consolidating recent gains, with the market cap registering a marginal increase during the past 24 hours. Markets were mixed as Bitcoin (BTC) and Ethereum (ETH) traded marginally lower, while other altcoins traded in positive territory. BTC maintained its position above $90,000 despite witnessing a brief wobble and dropping to $91,733. The flagship cryptocurrency rebounded to $94,233 before moving to its current level of $93,390. Meanwhile, ETH is marginally down, trading at $1,761 as it struggles to reclaim $1,800. Ripple (XRP) recovered from a low of $2.12, rising to $2.22 before moving to its current level of $2.18. Meanwhile, Solana (SOL) is up over 2%, having reclaimed $150 and trading at $151. Dogecoin (DOGE) , Chainlink (LINK) , Stellar (XLM) , Toncoin (TON) , Hedera (HBAR) , Polkadot (DOT) , and Litecoin (LTC) also registered notable increases. SEC Meets With Ondo Finance To Discuss Securities Tokenization The United States Securities and Exchange Commission (SEC) Crypto Asset Working Group met with representatives from Ondo Finance to discuss a regulatory framework for tokenizing publicly traded US securities. The meeting was also attended by lawyers from Davis Polk and Wardwell. The primary agenda of the meeting was to discuss how existing financial rules could apply to wrapped, tokenized securities on blockchain networks. According to an SEC memo, Ondo Finance outlined its proposed structure for tokenized securities and raised issues related to registration, broker-dealer compliance, market regulation, and state corporate law. The meeting also featured discussions about a potential sandbox arrangement or relief measures that could support innovation while ensuring investor protection. The SEC is also preparing to host its upcoming Crypto Task Force Roundtable today (April 25). The roundtable will focus on key considerations for crypto security and feature two-panel discussions: one on custody through broker-dealers and the other on custody for investment advisors and investment companies. US Bank Regulators Pull Back Guardrails On Crypto US banking regulators pulled back several key documents urging banks to show caution while engaging with cryptocurrency and related activities. The Federal Reserve stated it was withdrawing a pair of supervisory letters that stated banks must seek advance approval from regulators before engaging with crypto and stablecoin activities. The Federal Reserve also joined the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency in withdrawing statements urging banks to be vigilant around crypto-related risks. Under the guidance, banks were warned about volatility, legal uncertainty, and liquidity risks when providing crypto-related services or taking on crypto companies as clients. The removal of the guidance is the latest move by the Trump administration to adopt a more crypto-friendly stance. According to the statement announcing the changes, the Federal Reserve will look into whether issuing new guidance is appropriate. Coinbase Announces Partnership With PayPal Coinbase has announced a partnership with payment powerhouse PayPal to boost PayPal USD (PYUSD), a stablecoin pegged to the US dollar. Coinbase plans to boost stablecoin infrastructure and accessibility, and support seamless, no-cost conversion between PYUSD and USD. The integration allows individual traders and institutional players to utilize the stablecoin within Coinbase’s custody and trading platforms. “Coinbase and Paypal will not only enable simplified customer access to stablecoins but also make it easier than ever for millions of Paypal customers to bring their finances on-chain.” The partnership will also utilize Coinbase’s technological and regulatory framework to enable zero-fee conversions for all customers. “As part of this effort, Coinbase will enable zero-fee USD-PYUSD conversions for retail and institutional customers.” The partnership is part of a broader strategy to incorporate stablecoin capabilities across PayPal’s merchant ecosystem and enhance the speed and efficiency of digital payments. $7.25 Billion In Bitcoin Options Set To Expire Bitcoin (BTC) could face significant volatility triggered by $7.25 billion in options set to expire on April 25. However, analysts are unsure about the direction of this volatility. According to Marcin Kazmierczak, co-founder of RedStone, BTC has shown resilience compared to traditional assets in the face of growing economic uncertainty. “Tomorrow’s expiry looks particularly spicy, coming at a time when the market seems undecided about its next major move.” A total of 32.7k put contracts and 44.93k call contracts will expire on April 25. The market value of the contracts is $24.20 million for puts and $127.82 million for calls. The gap between puts and calls, with calls outnumbering puts suggests markets are leaning towards a bullish outcome. Kazmierczak acknowledged that options expiry events contribute to substantial price swings, adding that if all contracts were exercised, their value would be $7.25 billion, a figure that could impact BTC. Kazmierczak believes smart money is preparing for a round of volatility. “Smart money is likely positioning for some dramatic swings, making this a perfect moment for both opportunity seekers and cautious investors to pay close attention.” However, he highlighted the maturity of the crypto ecosystem, expecting long-term investors to capitalize on volatility and secure favorable entry points. “While we may face volatility around options expiries, the underlying fundamentals remain exceptionally strong, with stablecoin volumes, Bitcoin adoption, and real-world asset tokenization all showing remarkable growth trajectories.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) held firm above $90,000 despite facing selling pressure on Thursday after its rally lost momentum. The flagship cryptocurrency stalled around the $95,000 mark as sellers overwhelmed buyers, dropping to an intraday low of $91,678. However, the bulls were in no mood to cede ground, and the price rebounded to register a marginal increase and reclaim $94,000. Traders are optimistic about short-term gains as BTC remained above $90,000 after its rally despite profit-taking. Analysts from QCP Capital stated, “With BTC holding firmly above $90K, sentiment is becoming increasingly optimistic. Call options at $95K strikes for end-April and end-May expiries have dominated flow, pointing to a tactical appetite for further upside.” An array of call options buying activity suggests traders are optimistic Bitcoin will cross $95,000 by late April or May. The analysts added, “Still, with macro risks temporarily subdued and trade tensions cooling, BTC is likely to consolidate in a narrow $90K–$94.5K range while awaiting a decisive push toward the elusive $100K mark.” BTC is consolidating recent gains and gearing up for another move higher. The flagship cryptocurrency could cross $95,000 and reclaim $100,000, a level last seen at the end of January. BTC’s price action was bullish at the beginning of the week as it broke out of a narrow trading range to claim $90,000. However, price action was muted last week as buyers struggled to build momentum. The flagship cryptocurrency registered a sharp decline on Tuesday (April 15), dropping over 1%, slipping below the 50-day SMA, and settling at $83,703. The price recovered on Wednesday, registering a marginal increase and then rising 1.10% on Thursday to cross the 50-day SMA and settle at $84,596. BTC was back in the red Friday, dropping 0.52% to $84,518. However, it reclaimed $85,000 on Saturday after an increase of almost 1% and ended the weekend at $85,224 after a marginal rise on Sunday. Source: TradingView Bullish sentiment intensified on Monday as BTC started the week with an increase of almost 3%, surging past $87,000 and settling at $87,508. Bullish sentiment intensified on Tuesday as markets rallied. As a result, BTC soared nearly 7%, crossing $90,000 and settling at $93,389. The price encountered volatility on Wednesday thanks to selling pressure at higher levels. However, BTC registered a marginal increase despite selling pressure and settled at $93,744. BTC fell to an intraday low of $91,678 Thursday as sellers attempted to drive it below $90,000. However, bulls did not cede ground, and the price rebounded to register a marginal increase and settle above $94,000. The current session sees BTC marginally down as buyers and sellers struggle to establish control. With indicators suggesting bullish momentum, BTC is expected to resume its upward momentum and cross $95,000. Analysts expect the flagship cryptocurrency to cross $100,000. Ethereum (ETH) Price Analysis Ethereum (ETH) lost momentum after its rally on Tuesday and Wednesday after failing to cross the resistance at around $1,850. A break above this level could signal a potential rally if ETH can break out of its larger price structure. ETH registered a substantial rally on Tuesday to close above $1,700. It extended its gains the following day, reaching a high of $1,834. However, it failed to close above the daily resistance level and lost momentum. Ethereum is in one of its most challenging phases since its inception, with usage on its base layer plummeting and core metrics close to multi-year lows, prompting co-founder Vitalik Buterin to propose a radical overhaul. Institutions have also dumped ETH, with supporters including Galaxy Digital and Paradigm slashing their holdings significantly. ETH’s price action was relatively muted the past week, dropping 2.03% on Tuesday and almost 1% on Wednesday to settle at $1,577. Price action remained muted on Thursday and Friday as ETH registered marginal increases to settle at $1,588. Sentiment picked up on Saturday as the price rose 1.61% to reclaim $1,600 and settle at $1,612. However, ETH was back in the red on Sunday, dropping almost 2% to slip below $1,600 and end the weekend at $1,586. Source: TradingView ETH raced to an intraday high of $1,656 on Monday but lost momentum after reaching this level, settling at $1,579 after a marginal decline. Market sentiment changed on Tuesday, and ETH rallied, rising over 11%, crossing the 20-day SMA and $1,700 to settle at $1,757. ETH continued to push higher on Wednesday, briefly crossing $1,800 before settling at $1,796, ultimately registering an increase of over 2%. The price lost momentum after failing to overcome the resistance at around $1,850. As a result, ETH dropped 1.40% on Thursday and settled at $1,770. The current session sees ETH marginally up as buyers and sellers struggle to establish control. If ETH can overcome this resistance and cross the 50-day SMA, it could cross $2,000, potentially rising to $2,100. A break above this level could propel ETH to $2,500, suggesting its corrective phase was over. However, if ETH fails to cross these levels, it could decline below $1,500. Solana (SOL) Price Analysis Solana (SOL) is attempting to overcome the overhead resistance, sitting between $150 and $155. The price has been trending upward since recovering from a drop of 2.48% last Tuesday. SOL recovered on Wednesday, rising over 4% to reclaim $130, cross the 50-day SMA and settle at $131. The price continued to push higher on Thursday, rising almost 3% to $134. Despite the positive sentiment, SOL lost momentum on Friday, dropping 0.57%. The price recovered on Saturday, rising over 4% to $139. However, selling pressure returned on Sunday as SOL fell 1.44%, ending the week at $137. Source: TradingView The price raced to an intraday high of $142 on Monday but lost momentum after reaching this level and settled at $136, ultimately registering a drop of almost 1%. Bullish sentiment returned on Tuesday as SOL surged nearly 9% to $148 as buyers set their sights on $150. SOL crossed $150 on Wednesday, rising 1.59% to $151. Sellers drove the price to a low of $145 on Wednesday as bears sought to establish control. However, SOL rebounded from this level to register an increase of 0.97% and settle at $152. The current session sees SOL up almost 2%, trading at $154. If sellers want to regain control, they must swiftly drive the price below $140. A drop below $130 could send SOL hurtling toward $110 or lower. Dogecoin (DOGE) Price Analysis Dogecoin (DOGE) posted a substantial rally this week, overcoming the 20-day SMA, which acted as a dynamic resistance level. DOGE registered a sharp drop last Tuesday but recovered on Wednesday, rising 1.05% to settle at $0.154. Price action was muted on Thursday as DOGE registered a marginal increase before rising almost 2% on Friday and settling at $0.157. The price lost momentum over the weekend, registering a marginal decline on Saturday before dropping 1.14% on Sunday to settle at $0.155. Source: TradingView DOGE started the week positively, rising over 2% to cross the 20-day SMA and settle at $0.159. Bullish sentiment intensified on Tuesday as the price surged over 12%, surging past the 50-day SMA and settling at $0.178. DOGE raced to an intraday high of $0.186 as buyers set their sights on $0.190. However, buyers lost momentum after reaching this level, and DOGE fell to $0.177, ultimately registering a marginal decline. The price plunged to an intraday low of $0.170 as sellers attempted to overwhelm buyers. Despite the selling pressure, DOGE rebounded from this level to register an increase of 2.53% and settle at$0.182. The current session sees DOGE marginally up as buyers and sellers struggle to establish control. Jupiter (JUP) Price Analysis Jupiter (JUP) has traded upwards since the middle of last week, when it recovered from a substantial drop of over 6%. Price action turned positive on Wednesday as JUP rose 1.88% to $0.362. JUP continued to push higher on Thursday, rising 1.41% and registering an increase of almost 2% on Friday to settle at $0.373. Bullish sentiment intensified on Saturday as the price rose over 6% to cross the 20-day SMA and settle at $0.397. However, JUP lost momentum on Sunday, dropping 1.33% to end the weekend on a bearish note at $0.391. Source: TradingView Buyers returned to the market as JUP started the week positively, rising over 3% to $0.403. Bullish sentiment intensified on Tuesday as the price surged over 9% and settled at $0.440. Buyers retained control on Wednesday as JUP attempted a move past the 50-day SMA, rising almost 3% to settle just short of the moving average at $0.453. JUP experienced selling pressure on Thursday as the price dropped to a low of $0.424. However, it rebounded from this level to register an increase of 1.06% and settle at $0.457. The current session sees JUP up almost 6%, having crossed the 50-day SMA and trading at $0.485. Hedera (HBAR) Price Analysis Hedera (HBAR) has surged in recent sessions, catching the attention of investors and analysts alike as it went past key moving averages and resistance levels. However, analysts point out HBAR is tapping into a familiar price structure that previously led to a substantial drop and advised caution. The high timeframe structure for HBAR remains bearish, with price action following a pattern of lower highs and lower lows. HBAR registered a marginal increase last Wednesday as it began its latest uptick. The price rose over 3% on Thursday and settled at $0.163. HBAR crossed the 20-day SMA on Friday after registering an increase of 1.48% and settling at $0.165. Price action was mixed over the weekend as HBAR registered an increase of almost 1% on Saturday before dropping 0.93% on Sunday to settle at $0.165. Source: TradingView The current week began positively, as HBAR rose almost 3% and settled at $0.169. Buyers retained control on Tuesday as the price rallied nearly 7% to $0.181. HBAR rose to an intraday high of $0.190 on Wednesday. However, it lost momentum after reaching this level and dropped to $0.180, ultimately registering a marginal decline. Bullish sentiment returned on Thursday as HBAR rose 4%, crossing the 50-day SMA and settling at $0.188. The current session sees HBAR up over 4% as it tests a key resistance level and eyes a move past $0.20. Filecoin (FIL) Price Analysis Filecoin (FIL) has registered a substantial rally over the past few sessions. FIL’s upward trajectory began last week as it recovered from a bearish start. The price fell to a low of $2.32 last Thursday but rebounded on Friday, rising over 3% to $2.45. Bullish sentiment intensified on Saturday as FIL surged over 7%, crossing the 20-day SMA and $2.50 and settling at $2.63. Buyers retained control on Sunday as FIL registered a marginal increase to settle at $2.64. Source: TradingView FIL faced selling pressure on Monday, falling to 1.55% to $2.60 after reaching an intraday high of $2.71. FIL plunged to an intraday low of $2.48 on Tuesday as selling pressure intensified. However, the price rebounded from this level, rising over 4% to settle at $2.71. Buyers retained control on Wednesday as FIL rose 2.33% to cross the 50-day SMA and settle at $2.78. FIL faced substantial selling pressure on Thursday, falling to an intraday low of $2.66. The price recovered from this level to register an increase of 2.60% and settle at $2.85. The current session sees FIL up almost 1% as buyers look to build momentum and push the price beyond $3. 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.
Crypto Daily 2025-04-25 15:35
Chinese Embassy: No Consultation or Negotiation on Tariffs with the US. US Should Stop Creating Confusion.
CoinOtag 2025-04-25 15:31
Experts told Decrypt that address poisoning scams are on the rise, with attackers deploying a “pray-and-prey” tactic to find victims.
Decrypt 2025-04-25 15:31
UK retail sales recorded a surge of 1.6% for the first quarter of the year, the strongest reading in four years. The figures also provided a 0.08 percentage point boost to the UK’s overall economic output for Q1. The UK reported the best Q1 since 2021 in what may be a boost for the economy, amid rising bills and the U.S. trade war increasingly weighing on consumer morale. The International Monetary Fund noted that trade barriers were at the highest level in a century, even after Trump’s pause on reciprocal tariffs. UK reports rise in retail sales for Q1 Mixed UK consumer data this morning. To the positive side, another decent month (March) for retail sales, up 0.4% MoM and 1.6% QoQ. Sales volumes at their highest since July 2022, driven by weather-dependent items after the one of the sunniest March on record (1/2) pic.twitter.com/kCojvxyxzB — Simon French (@Frencheconomics) April 25, 2025 British retailers reported a surge of 1.6% in retail sales for the first quarter of the year. The data provided a 0.08 percentage point boost to overall economic output for Q1, which may prove to be a high watermark for Britain’s consumer economy for the foreseeable future. The Office of National Statistics noted on Friday that retail sales rose by 0.4% in March alone, following a downwardly revised growth of 0.7% in February. A Reuters poll of economists had also forecasted a month-on-month fall of 0.4%. Data from UK’s consumer confidence report showed a drop in April to its lowest level since late 2023. Market research company GfK suggested rising household energy bills and uncertain global financial markets as reasons for the fall. Head of Commercial Content at Retail Economics Nicholas Found acknowledged that British retailers face an uphill battle to protect margins, sustain investment, and navigate an increasingly complex trading environment. He also argued that the outlook is further clouded by uncertainty around U.S. trade tariffs, which can potentially disrupt shipments if orders are canceled. UK expects growth shock amid Trump’s trade policies Bank of England Governor Andrew Bailey mentioned on Thursday he was focused on an expected shock to growth from U.S. President Donald Trump’s trade policies and retaliatory measures by other countries. The Office of National Statistics also noted that clothing and outdoor retail chains said weather helped sales last month despite supermarkets struggling. The UK’s two biggest food retailers, Tesco and Sainsbury’s, warned that profit growth was unlikely this year amid a potential price war. Bailey highlighted that the UK economy faces a “growth shock” as a result of Trump’s trade policies. He spoke on the sidelines of the International Monetary Fund (IMF) meetings in Washington and argued that while he did not think the UK was close to recession at the moment, “we are certainly quite focused on the growth shock.” Earlier this week, the IMF lowered its 2025 growth forecast for the UK to 1.1% from the 1.6% it had been expecting as recently as January prior to tariff announcements. The financial institution’s downgrade followed similar negative revisions by the Bank and the government’s independent forecaster, the Office for Budget Responsibility. Chancellor of the Exchequer Rachel Reeves is expected to discuss the prospects for a UK-U.S. trade agreement when she meets with the U.S. Treasury Secretary, Scott Bessent. She also mentioned on Wednesday the UK was “not going to rush” into a deal. “We think that ratcheting up benefits no one, and instead, we’re approaching the dialogue with cool heads and a pragmatic realism about what we want to achieve.” -Rachel Reeves, Chancellor of the Exchequer. Britain recently offered other concessions, such as reducing the 1 billion euro digital service tax, which affects U.S. tech firms. Reeves also added she would be prepared to cut tariffs on some U.S. imports if it helped to seal an agreement. She insisted food standards and other regulations were not up for negotiation. IMF’s managing director, Kristalina Georgieva, praised the UK’s growth policies and also applauded Reeves’s efforts to lift up growth in the UK. She noted that Reeves was tackling tough issues, including prioritizing spending and making the regulatory environment more rational. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Cryptopolitan 2025-04-25 15:31
In a recent development, President **Donald Trump** affirmed his intention to support legislation aimed at banning **stock trading** by members of Congress. As reported by Bloomberg on April 25th, Trump
Roger Ver confronts severe legal challenges with possible lengthy imprisonment. He collaborates with key political figures to influence his case. Continue Reading: Roger Ver Faces Serious Legal Challenges with Support from Controversial Figures The post Roger Ver Faces Serious Legal Challenges with Support from Controversial Figures appeared first on COINTURK NEWS .
CoinTurk News 2025-04-25 15:31
The US Federal Reserve has taken an important step for the cryptocurrency industry. Accordingly, the FED announced that it has withdrawn the regulatory restrictions that banks have imposed on cryptocurrency and stablecoin activities. The Federal Reserve announced that it has rescinded its 2022 and 2023 audit letters requiring state member banks to provide advance notice of their cryptocurrency and stablecoin activities. The FED announced that from now on, such activities will be supervised through the standard supervisory process and that it will adopt a more flexible approach to the activities of banks. “The Federal Reserve Board announced on Thursday that it has withdrawn its guidance on banks’ crypto-asset and dollar token activities and made related changes to its expectations regarding these activities. This ensures that the Board's expectations remain aligned with evolving risks and further support innovation in the banking system.” As a result, the Fed will no longer wait for banks to report and will instead monitor banks’ cryptocurrency activities through its normal supervisory process. Finally, the Fed added that it will collaborate with U.S. agencies to assess whether additional guidance is needed to support innovation, including cryptocurrency activities. While this move by the FED was welcomed by the cryptocurrency industry, famous Bitcoin bull Michael Saylor said in his post, “Banks can now start supporting Bitcoin.” *This is not investment advice. Continue Reading: FED Takes a Step Back! Huge Move Towards Cryptocurrencies!
BitcoinSistemi 2025-04-25 15:31
While most DeFi protocols chase the same categories, such as blue-chip tokens, staking protocols, and
AMB Crypto 2025-04-25 15:30
FED Takes a Step Back! Huge Move Towards Cryptocurrencies!
