The cryptocurrency market is abuzz as Bitcoin surges past $95,000, with the benchmark digital asset reaching highs of $95,564 across major exchanges. As the broader crypto market mirrored stocks, several altcoins exploded. Among the standout performers at the time of writing were Bitcoin SV (BSV), VIRTUAL, and Official Trump (TRUMP). Meanwhile, on April 25, 2025,

2025-04-25 19:30

Binance Smart Chain’s leading decentralized exchange, PancakeSwap, prepares for massive updates involving the migration and retirement of multiple Syrup Pools. The move comes as the DEX prepares for an upcoming BSC mainnet upgrade scheduled for 29 April 2025. PancakeSwap has adopted a proactive approach to ensure compatibility with the update chain. Thus, the trading platform

2025-04-25 18:32

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2025-04-25 15:40

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

2025-04-25 15:35

The United States Securities and Exchange Commission has agreed to drop its securities lawsuit against Dragonchain, the blockchain platform originally developed by Disney. According to the regulator, the dismissal of the case is “appropriate” given the evolving approach to crypto oversight and the work of its newly formed Crypto Task Force, which was created shortly after President Donald Trump issued an executive order in January directing federal agencies to prioritise US leadership in blockchain and digital asset development. In an April 24 joint stipulation filed in a Seattle federal court, the SEC pointed to recent developments in its regulatory approach and stated that its 2022 litigation should be “dismissed with prejudice and without costs or fees to either party.” A dismissal with prejudice means the case is considered closed and cannot be refiled in the future. The decision also follows a meeting with Dragonchain representatives on March 24, as suggested by an internal memo that has been made public. According to the memo, the meeting was requested by Dragonchain founder Joe Roets and focused on how blockchain tech is being used outside of finance. The team walked SEC staff through real-world use cases, such as fraud prevention, identity verification, and secure data tracking, arguing that blockchain should be viewed as foundational software, not just a tool for fundraising or investment. Roets also argued that blockchain should be viewed as a core infrastructure that can be used for transparency, identity management, and automation, rather than being narrowly defined as just a financial instrument. What is Dragon c hain? Dragonchain is a hybrid blockchain platform that combines the security of public blockchains with the confidentiality of closed networks. Initially developed by Disney in 2014 and later open-sourced in 2016, it was designed to support enterprise-grade applications with modular architecture, smart contracts written in traditional programming languages (like Python, Java, and C#), and a five-layer consensus model for scalability and trust. Unlike many public chains, Dragonchain doesn’t require all data to be published on-chain. Sensitive business logic and data remain private, while verification hashes can be anchored to public blockchains like Ethereum or Bitcoin. Why did the SEC sue Dragonchain? The SEC’s lawsuit, originally filed in August 2022, centred on Dragonchain’s 2017 token sale. The agency claimed that Dragonchain, along with its foundation and founder Joe Roets, raised $14 million through a presale and ICO of its DRGN tokens without registering them as securities. At the heart of the case was the SEC’s argument that DRGN tokens were investment contracts under US securities law. The commission sought penalties, disgorgement, and injunctions on the basis that Dragonchain should have registered the offering, especially since it took place after the agency had already issued guidance that warned many ICOs could fall under its jurisdiction. DRGN rallies 99% Dragonchain’s native token DRGN rallied nearly 100% after the news broke. At the time of publication, it was still up over 96% in the past 24 hours. While the altcoin is currently trading roughly 98% below its all-time high hit in 2018, today’s rally helped it break out of a multi-week downtrend that began earlier this year. According to some analysts, the recent price surge could spark an extended rally in the coming weeks, especially due to its US origins. The post SEC drops securities case against Dragonchain, a Disney-incubated crypto firm appeared first on Invezz

2025-04-25 12:46

Mantle announced an institutional-grade cryptocurrency index fund with the latest X post. The blockchain has collaborated with asset tokenization company Securitize to commit $400 million to the new MI4. Mantle will share its blockchain expertise and offer financial support, while Securitize provides tokenization infrastructure and compliance rails. Mantle stated: The next chapter with Mantle Index Four (MI4) begins. An institutional-grade fund that provides diversified beta exposure to yield-bearing digital assets, with Securities as a tokenization partner and Mantle Treasury as an anchor investor. Mantle @Mantle_Official · Follow The next chapter with Mantle Index Four (MI4) begins.An institutional-grade fund that provides diversified beta exposure to yield-bearing digital assets, with @Securitize as tokenization partner & Mantle Treasury as anchor investor. Watch on Twitter View replies 3:01 PM · Apr 24, 2025 142 Reply Copy link Read 31 replies Mantle’s native token displayed a bullish performance following the news. While most altcoins consolidate after the latest broad-based rally , MNT gained over 5% over the past 24 hours. Optimism around the massive $400 index fund and Coinbase adding MNT to its roadmap kept Mantle’s native token afloat in the past 24 hours. The $400 million backing MI4 offers institutional investors access to top digital currencies, including Bitcoin, Ethereum, Solana, and US-pegged stablecoins. The fun promises a balanced crypto exposure, using risk-based allocation approaches and market cap as determinants. Meanwhile, the $400 million “vote of confidence” has sparked optimism within the cryptocurrency community. The massive MI4 commitment signals institutional trust in tokenization. Furthermore, MI4 embraces decentralization. While traditional funds boast legacy financial infrastructure, Mantle’s index fund prioritizes reduced administrative overhead, real-time auditability, and quick settlements. Meanwhile, Mantle’s massive initial investment reflects the increasing shift toward blockchain investments. Meanwhile, MI4 targets traditional institutions (asset managers, family offices, and hedge funds) looking to enter the crypto industry with institutional-grade structure and compliance. These entities will enjoy exposure to multiple digital tokens, market cap and risk-based allocation, and real-time transparency. The index fund can be ideal for investors looking to participate in the crypto market without analyzing individual tokens on constant re-allocations. Notably, MI4 eclipses Securitize’s earlier $148 million Blockchain Capital (BCAP) fund. While BCAP represented the first attempt to tokenize venture capital investments, MI4 zeroes in on scalable fund architecture and liquid cryptocurrencies. The landmark evolution highlights the robust growth within the tokenized finance space, with initial experiment efforts turning into solid investment products. MNT price outlook While most alts consolidated after the latest rally, Mantle’s token remained elevated. It gained more than 5% in the past 24 hours to trade at $0.7322. It has extended its weekly gains to 10%, and the soaring trading volume signals persistent bullish activity. Chart by Coinmarketcap MNT bulls are eyeing further upticks toward the resistance at $0.8646, an approximately 18% surge from current prices. The prevailing broad market sentiments support Mantle’s potential surge. Bitcoin targets breakouts past $95,000, which could shift the market’s short-term trajectory to bullish. BTC trades at $93,610 during this publication. The post MNT price rallies as Mantle and Securitize unveil $400M index fund appeared first on Invezz

2025-04-25 10:38

CartelFi is a meme coin project with a DeFi foundation, aiming to transform volatile tokens into income-generating assets. With staking pools, deflationary tokenomics, and a capped 1 billion token supply, CartelFi has already drawn over $1 million in presale investment. The CARTFI token started at $0.0251 and has reached $0.0352 as it enters the eighth

2025-04-25 10:18

Cathie Wood’s Ark Invest has revised Bitcoin’s bull case as the leading crypto strengthens above the $90K mark. The asset manager projects a massive BTC price growth, forecasting $2.4 million by 2030. That represents a significant increase from the firm’s previous prediction of $1.5 million. The impressive institutional interest has sparked optimism in the Bitcoin

2025-04-25 09:40