US President’s planned dinner for TRUMP memecoin holders triggers 52% price surge — Will it last?
Official Trump (TRUMP) jumped 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump. For some crypto advocates, this marks the end of the bear market, especially as Bitcoin (BTC) bounced back above $93,000, but others raise suspicions on how sustainable the TRUMP memecoin […]
SOL Strategies raises $500M in convertible notes issuance to buy Solana tokens
SOL Strategies, a Canadian investment company, issued $500 million in convertible notes to buy and stake in Solana (SOL) tokens. The $500 million issuance was made to a singular investor, ATW Partners, a New York-based investment firm. The company provides growth equity and structured capital to companies across public and private markets, a spokesperson for […]
Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg
Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence. The year-to-date has seen record inflows to ETFs providing leveraged long exposure to volatile assets such as stocks and cryptocurrencies, as well as funds holding […]
XRP futures open interest surges by 32% — Are traders bullish or bearish?
Key Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%. Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders. Analysts still have double-digit price targets for XRP. XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but […]
US exchanges bet big on crypto derivatives amid tariff turbulence
United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments. Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange (CME) Group have been listing new types of crypto derivatives and mulling multibillion-dollar acquisitions as they […]
Alabama drops staking lawsuit against Coinbase
The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients. The regulator cited the ongoing work between the US Securities and Exchange Commission (SEC) and the crypto industry to develop clear crypto regulations […]
Luxury app Dorsia taps MoonPay for crypto payments
Luxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations. The payments feature is being enabled through a partnership with MoonPay, the companies told Cointelegraph. With the integration, users will be able to book luxury travel experiences and complete transactions directly in […]
SEC discusses deepening US-El Salvador ties amid deportation backlash
Officials with the US Securities and Exchange Commission’s (SEC) crypto task force met with the El Salvador National Commission on Digital Assets (CNAD) to discuss regulation and a proposed cross-border sandbox. In an April 22 memo, the SEC’s crypto task force reported meeting with officials from El Salvador, Perkin Law Firm, and former Goldman Sachs […]
Bitcoin holders back in profit as new capital enters the market — Is $100K BTC price next?
Key Takeaways: Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000. Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April. Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above […]
Price predictions 4/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, SUI
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23 […]