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Showing posts from April, 2025

Trump’s first 100 days in office erase over 20,000 Bitcoin millionaires

According to new research from Finbold, President Donald Trump’s first 100 days in office have seen a sharp drop in fortunes for Bitcoin (BTC) holders. Despite a surge in optimism after his historic re-election in November 2024. While the billionaire was welcomed for his pro-crypto rhetoric and, thus, Bitcoin soared to new all-time highs (ATH) above $109,000 in his anticipated return to the White House, his actual presidency has so far been more bearish than bullish. As President Donald Trump’s first 100 days in office elapsed, Finbold research uncovered that between January 21 (Trump’s first full day in office) and April 30, the actual policy landscape under his administration coincided with a 13.22% drop in Bitcoin millionaire addresses. There were 157,563 addresses with between $1 million and $9.99 million worth of Bitcoin on January 21 and 12.61% fewer – 137,694 – on April 30, per data retrieved from BitInfoCharts via the Wayback Machine . In total, 19,...

The Ethereum Foundation won’t disclose Vitalik Buterin’s voting power

A prominent historian who wrote the book about Ethereum’s creation cannot find an answer to a simple question. No matter how many times she’s asked — as recently as yesterday — no one will tell her how many votes Vitalik Buterin controls over the Ethereum Foundation and its $400 million treasury. It’s a question that impacts millions of ETH tokenholders around the world, including hundreds of thousands of wallets that transact on any given day. Laura Shin, author of the book The Cryptopians about the formation and early years of Ethereum, has asked one question for years. Does Vitalik Buterin have three supervotes, or do the four board members vote equally? There are four current directors on the board of the Ethereum Foundation: Vitalik Buterin, Aya Miyaguchi, Hsiao-Wei Wang, and Patrick Storchenegger. With many changes in leadership over time, Buterin is a founding member and widely recognized as the project’s leader. However, the foundation r...

Currency: 3 Ways the US Dollar Is Being Dumped Right Now

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The currency wars have now intensified, with the US dollar being bitten and gnawed from all nooks and corners. The dollar is currently losing its mettle in the forex market, as new competitors emerge to rattle the USD. The US tariff ordeal has already weakened the US dollar. The fact that the American currency is now at risk of losing its reserve currency status is also an important issue that is gaining traction in recent times. The multipolar currency world is also threatening the US dollar, with other currencies eyeing the reserve status due to the USD’s continued weaponization and increased institutional hegemony. Here’s how the American currency is being dumped globally right now. Also Read: Dirham Stablecoin Launch by IHC, ADQ & FAB Eases UAE Crypto Risks Three Ways Through Which Nations Are Moving Away From The USD 1. Nations Diversifying Into Gold Source: Watcher Guru The price of gold has hit a record high, as nations continue to hold gold in large quantities. The move ha...

Polymarket: Odds of India invading Pakistan rose to 41%

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The odds of India invading Pakistan rose to 41% on crypto betting platform Polymarket today as Pakistan’s defence minister declared military incursion from India was “imminent.” Reuters reported today that Pakistan’s defence minister Khawaja Muhammad Asif claimed, “We have reinforced our forces because it is something which is imminent now.” On Polymarket, the chances of the invasion subsequently shot up to 41%. It currently stands at around 37%. Last week, in the Indian-administered region of Kashmir, a gunman shot 26 tourists, an incident that India claims was the work of militants supported by Pakistan. However, it hasn’t named the group.  Since then, India has reportedly demolished the houses of alleged militants and detained 1,500 people in the region . Pakistan denies any role in the attack and, along with China, has called for a “neutral investigation” into the matter.  Read more: The Vatican isn’t excommunicating crypto gamblers Polymarket claims the be...

SEC Approves Three ProShares XRP ETFs, Sending Ripple Token Soaring 8%

The US Securities and Exchange Commission (SEC) approved three ProShares XRP ETFs (exchange-traded funds), sending XRP surging almost 8%. ProShares plans to roll out an Ultra XRP ETF (2x leverage), a Short XRP ETF, and an Ultra Short XRP ETF (-2x leverage) on April 30, according to filings. The company’s spot XRP ETF application remains pending, and a key SEC decision is expected on May 22. The SEC’s green light for the three XRP futures ETFs marks a key milestone in the Ripple token’s adoption by traditional financial markets. 🔥 The SEC just approved an $XRP ETF 🔥 But it’s not what many people think. It’s not a Spot ETF. It’s a Futures ETF. The difference? A Spot ETF buys and holds real XRP, creating real demand. A Futures ETF only bets on XRP’s price without touching a single real token. What… pic.twitter.com/EaqCWuOtM4 — John Squire (@TheCryptoSquire) April 27, 2025 The approval of ProShares’ XRP...

PulseChain: How High Will PLS Rise In May 2025?

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Just a couple of years ago, Richard Heart, HEX, PulseChain (PLS), and PulseX were the talk of the town. But things came crashing down as the US Securities and Exchange Commission (SEC) slapped them with charges of fraud. While all the above-mentioned entities were on the low, a new development in the case brought them back under the spotlight. The SEC dropped its fraud case against all of them. When the SEC decided not to change its complaint by the deadline of April 21, the lawsuit was dismissed. It should be noted that the SEC’s first case was earlier rejected by a federal judge for lack of jurisdiction. Also Read: Shiba Inu: How Long Until $1000 in SHIB Becomes $1 Million? Amidst this, the price of the assets involved, HEX and PLS, took a major hit. PLS dipped by over 50% throughout the past year. The asset went from trading at a high of $0.00009476 all the way to a low of $0.00001756. In addition, PulseChain’s PLS hit this all-time low just 25 days ago in March 2025. Cur...

Citigroup Predicts “ChatGPT Moment” For Stablecoins And Blockchain Adoption In 2025

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Banking giant Citigroup says 2025 could be a “ChatGPT moment” in terms of adoption for stablecoins and blockchain technology. “The main catalyst for their greater acceptance may be regulatory clarity in the US, which could enable greater integration of stablecoins specifically, and blockchain more widely, into the existing financial system,” financial analysts at the bank said in an April 23 report . Citigroup Sees Stablecoin Market Cap Soaring To $3.7 Trillion By 2030 “The tailwinds of regulatory support and the increased integration of digital assets into incumbent financial institutions are setting the stage for increased usage for stablecoins,” the Citigroup analysts said in the report. With the anticipated surge in usage for stablecoins, the banking titan predicted that the market cap for stablecoins could soar to as high as $3.7 trillion by the end of the decade in a bull case. In a base case, this figure is expected to rise to $1.6 trill...

Bitcoin Price Recovery At Stake If This Level Doesn’t Hold, Crash Could Erase Gains

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BlackRock Buys $643 Million Worth Of Bitcoin: BTC To $100,000?

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According to the data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF purchased $643.2 million worth of BTC on Apr. 23. The world’s largest asset manager had previously purchased $193.5 million worth of the asset on Apr. 22, and $41.6 million worth on Apr. 21. The firm bought a total of $878.3 million worth of BTC in just three days. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday Source: Farside Bitcoin Surges Amid BlackRock’s Buying Spree Source: Watcher Guru BlackRock’s recent purchases may have helped BTC breach the $90,000 mark. The asset has reclaimed the $92,000 price point for the first time since early March. Bitcoin (BTC) has faced a 1.3% correction in the daily charts but is green in the other time frames. The original crypto has rallied 9.5% in the weekly charts, 12.6% in the 14-day charts, 6.7% over the previous month, and 38.5% since April 2024. Source: CoinGecko Also Read: SEC Chair Paul Atkins Priority: Crypt...

BRICS: India Plays 'Double Game' With the US Dollar?

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India first grouped with its BRICS members and sought to find an alternative to the US dollar for cross-border transactions. The Modi-led government then took a U-turn after Trump won the White House and threatened to impose trade tariffs. As the tariff threats grew stronger and Canada, Mexico, and China faced the heat, India slowly backtracked from the de-dollarization agenda. The first move was to protect its economy from tariffs as it could impact the country’s imports and exports sector. Also Read: Illinois Analyst Predicts If BRICS Currency Can Replace the US Dollar BRICS: India & the US Dollar Source: Reuters / ShutterStock Foreign Minister S. Jaishankar made multiple statements this year citing that India has no plans of advancing the de-dollarization agenda. The U-turn comes after Trump’s threats of tariffs forced them to backtrack on the ideology. Read here to know how India not only rejected de-dollarization but also embraced the US dollar. India contradicted the B...

Pi Coin Price Prediction: An 11% Climb by April 25?

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Pi Coin’s price is showing some exciting movement in the market right now, with current predictions suggesting a modest yet notable upward trend. According to recent Analysis and also Pi Network forecast data, investors could see a potential 11% increase by April 25, which has caught the attention of many looking for future Pi Coin value opportunities in this rather volatile market. Also Read: How High Can Gold Rise If Trump Continues To Crash The Stock Market Is Pi Coin a Risky Bet or a Long-Term Crypto Opportunity? Source: VRITIMES Current Pi Coin Price Trajectory At the time of writing, Pi Coin trades at $0.6377, showing a small 0.5% gain in the last 24 hours or so. The Pi Network currently holds a market cap of approximately $4.4 billion with a trading volume of around, well, $77 million in the past day. Source: CoinGecko Recent Pi Coin price prediction data indicates what appears to be a pattern of slow but steady growth ahead. As per the technical Analysis that’s ava...

Bitcoin long/short ratio hits 1-month high

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Despite a significant move to the upside in recent days, futures traders are betting that the current Bitcoin (BTC) rally will continue.  Namely, Bitcoin’s long/short ratio has reached a 1-month high of 1.0559, indicating that 51.36% of derivatives positions opened in the last 24 hours have been bullish, per data retrieved by Finbold from cryptocurrency futures trading and information platform CoinGlass on April 22. Bitcoin long/short ratio chart. Source: CoinGlass In the closing hours of Sunday, April 20, Bitcoin (BTC) shot up from $85,000 to $87,000. By press time on April 22, the leading cryptocurrency was changing hands at a price of $88,530, having marked a 3.40% gain on the weekly chart that has brought year-to-date (YTD) losses down to 5.33%. BTC price 1-week and year-to-date (YTD) charts. Source: Finbold Is the Bitcoin long/short ratio a reliable signal? The second Bitcoin long/short ratio in the past 30 days, at 1.05, which is equivalent to 51...

Bitcoin Returns to $88k: Why Is BTC Up Today?

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In what is a rather surprising development for the digital asset industry, Bitcoin has returned to the $88k level, with many traders wondering why BTC is up today. Indeed, the asset has jumped as both the US stock market and dollar continue to tumble toward the end of April. The asset looked to operate against the ongoing decline of the finance sector. Wall Street experienced a worsening of its ongoing sell-off, starting Monday, dropping 900 points. Moreover, the greenback has fallen to a three-year low amid increased geopolitical uncertainty. However, Bitcoin appears to be exempt from that decline. JUST IN: $88,000 Bitcoin — Watcher.Guru (@WatcherGuru) April 21, 2025 Also Read: Author Robert Kiyosaki Sets Bitcoin Price at $200K by the End of 2025 Bitcoin Jumps as US Dollar and Stock Market Continue Slide: Why Is BTC Up Today? It has been a rather interesting few weeks for Bitcoin, and that continued Monday. The asset has struggled mightily in its price movement this year, not reaching...

Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k

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