Bitcoin’s recent strong momentum signals a potential breakout, but reclaiming $96,000 is critical for future price rallies. With BTC climbing 11.75% over the past week, the bullish sentiment continues to
Bitcoin is experiencing strong upward momentum but must reclaim, and flip $96k for a potential rally.
ProShares Trust, a popular investment company, is set to launch its XRP Exchange Traded Funds (ETF) offerings this April. As revealed in a recent filing, the U.S. Securities and Exchange Commission (SEC) has officially approved the initiative. This development marks a big step for ProShares as it expands its crypto-based investment products. The XRP ETF will give investors a new way to gain exposure to XRP without directly buying the token. Structure of ProShares’ Upcoming XRP ETFs According to the filing, ProShares Trust will offer several XRP-focused ETFs, including the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. It is important to note that the incoming XRP ETFs do not get the same direct approval from the SEC as spot ETFs. Instead, they can become effective if the SEC does not raise objections within a certain period. The filing confirms that ProShares chose April 30, 2025, as the official launch date. Notably, there was no request for immediate effectiveness at the time of filing. The registration papers show that the XRP ETFs are built under a mutual fund framework and follow the Securities Act and the Investment Company Act rules. ProShare Advisors LLC, based in Bethesda, Maryland, will be the investment advisor. Richard Morris is listed as the agent for service, and Dechert LLP in New York will provide the legal support for the funds. ProShares Trust is known for offering investment products linked to digital assets. This new move aligns with its broader strategy to expand into the crypto sector. Many Still Await The Approval Of Spot XRP ETF The crypto community is still anticipating the approval of a spot XRP ETF. Nevertheless, the ProShares XRP ETFs will provide investors with leveraged and inverse exposure to XRP’s price movements. This means investors can benefit from both the rise and fall of XRP prices through regulated financial products. Market participants hope that the success of ProShares’ soon-to-launch funds will bring more momentum toward approving a spot XRP ETF soon. Since the Brazilian regulatory agency became the first to approve spot XRP ETFs , many hope the United States authorities will follow suit. Despite many crypto-focused ETFs under review, analysts believe XRP may soon become the third cryptocurrency in the U.S. to get a spot ETF approval, following Bitcoin (BTC) and Ethereum (ETH). XRP Market Reaction Following the SEC’s approval of ProShares Trust’s XRP ETFs, XRP experienced a notable surge in market activity. According to CoinMarketCap data, XRP is up by 0.98%, trading at $2.22. This uptick reflects heightened investor interest in XRP exposure through regulated financial products. The post ProShares Trust to Launch XRP ETFs on April 30 on SEC Approval appeared first on TheCoinrise.com .
MicroStrategy founder and Chairman Michael Saylor has once again signaled his intention to expand the company’s Bitcoin (BTC) holdings. In a recent post on social media, Saylor shared an updated version of MicroStrategy’s Bitcoin investment tracker. The portfolio chart features a blue line showing Bitcoin’s price trend and orange dots showing each increase in MicroStrategy’s Bitcoin reserves. Historically, Saylor has posted more than ten consecutive weeks of updates to this chart, with the company consistently announcing new Bitcoin purchases shortly after each announcement. Related News: SEC Approves Highly Anticipated XRP ETF - Price Reacts - Not Yet Approved Spot ETF on the Horizon Now As of the last update, MicroStrategy’s Bitcoin holdings totaled $50.69 billion, comprising 538,200 BTC. The company’s average purchase price is $67,793.76 per Bitcoin. Overall, the portfolio is up 38.93%, generating approximately $14.2 billion in gains. The most recent purchase recorded on April 21, 2025, sees MicroStrategy purchasing 6,556 BTC at an average price of $84,785 per Bitcoin. The total cost of the purchase is reported as $555.8 million, while the current market value of these assets is currently $616.8 million, a 10.98% increase, giving the company a profit of over $61 million. *This is not investment advice. Continue Reading: Michael Saylor Makes Another Implied Bitcoin Purchase Announcement – Here’s the Company’s Average Purchase Price and Total Profit to Date
While Bitcoin (BTC) continues to lead the global crypto narrative, projects like Solana (SOL) and Ripple (XRP) have emerged as powerful contenders offering scalable networks and active ecosystems. But for those watching the next major wave, one name is starting to surface again and again— MAGACOINFINANCE. This token is quickly separating itself from the crowd of low-cost entries with its political edge, strategic rollout, and surging demand. The presale is heating up—and the clock is ticking on the bonus window. Why the Urgency Around MAGACOINFINANCE? Bonus Still Active: MAGACOINFINANCE is still offering its limited bonus allocation—but that’s expected to close shortly as momentum climbs. Listings Incoming: The public launch is near, and listings will bring new eyes, new volume, and a rising floor. Entry right now remains exclusive. Traders Are Locking In: Early participants are already moving fast—reducing supply while locking in long-term positions. Retail + Whales Are Aligned: The presale is attracting both ends of the spectrum, building strong cross-market confidence. Why MAGACOINFINANCE Is Now Competing With the Most Recognized Low-Caps Yes, Ethereum (ETH) and Aptos (APT) continue to innovate. And coins like Kaspa (KAS) are gaining headlines. But unlike these, MAGACOINFINANCE is still in stealth mode—off major exchanges, and still relatively undiscovered. Its approach built on narrative, scarcity, and strategic access is exactly what early-stage investors hunt before the wave begins.Analyst models place MAGACOINFINANCE in a prime position to deliver substantial returns. Final Thoughts: MAGACOINFINANCE Is the Wild Card Everyone’s Quietly Watching Bitcoin (BTC) proved timing beats trends. Ripple (XRP) and Solana (SOL) turned heads once they launched. Now, MAGACOINFINANCE is carving its place in that same story—quiet now, but not for long. The 50% bonus is live. But not for much longer. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Top Cryptos Under $0.17: Bitcoin, XRP, and MAGACOINFINANCE.COM Could 30x in 2025!
Shiba Inu (SHIB) is showcasing remarkable resilience amidst the overall downturn in the memecoin market, positioning itself for a potential recovery. Unlike many of its counterparts, SHIB has recorded just
Every major crypto run starts with quiet accumulation. Today, as Bitcoin (BTC) , Solana (SOL) , and XRP solidify their market leadership, early investors are widening their focus to a growing contender: MAGACOINFINANCE, a project still in the early accumulation phase where true upside begins. MAGACOINFINANCE Is Gaining Strategic Strength Before Listings The real gains in crypto aren’t made when the masses notice—they’re made when strategic buyers consolidate early. MAGACOINFINANCE is now following that pattern with disciplined community expansion, consistent wallet activity, and a growing presence across early-stage investor groups. The indicators are clear: real momentum, real focus, and a clear roadmap toward wider exposure without the noise that often clouds true opportunity. Other Key Names: ADA, BTC, SEI, and DOT Cardano (ADA) continues its evolution as a leader in peer-reviewed blockchain development. Bitcoin (BTC) remains the cornerstone of digital assets, showing resilience through every cycle. Sei Network (SEI) is innovating with speed-focused blockchain applications for decentralized finance. Polkadot (DOT) continues pushing blockchain interoperability through its parachain model. These projects represent solid infrastructure—but MAGACOINFINANCE stands apart today for offering true stealth-phase positioning before broader discovery. Final Word Crypto rewards timing and conviction. While Bitcoin, Solana, and XRP continue leading the way, MAGACOINFINANCE is giving early investors an extraordinary window to act before the next major wave unfolds. This is how the biggest moves are made! Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: MAGACOINFINANCE.COM, XRP, SOLANA, and BITCOIN Are Consolidating Positions
El Salvador has paused Bitcoin purchases to meet IMF loan conditions. President Bukele claims alternative funding sources allow continued Bitcoin acquisition. Continue Reading: El Salvador Halts Bitcoin Purchases Amid IMF Credit Agreement The post El Salvador Halts Bitcoin Purchases Amid IMF Credit Agreement appeared first on COINTURK NEWS .
Shiba Inu’s price action has been mostly quiet in the past few weeks, but this could be changing soon with an explosive move. A recent analysis by CryptoELlTES on the social media platform X pointed to a massive 17X move for the Shiba Inu price. The analyst shared a chart highlighting how Shiba Inu is currently positioned within a powerful technical pattern, showing that the cryptocurrency is in a strong buy zone and on the brink of a significant breakout. Shiba Inu Locked In Long-Term Bullish Structure, Targets $0.00023 According to the chart posted by CryptoELlTES, Shiba Inu is trading within a narrowing symmetrical triangle, a pattern often associated with explosive breakouts once price action compresses enough. This chart formation encapsulates Shiba Inu’s price action on a multi-year timeframe, starting from when it reached its current all-time high of $0.00008616 in October 2021. Notably, the chart identifies multiple successful tests of the triangle’s support line, each marked by price rebounds that helped sustain the structure’s bullish integrity. These rebounds has been accompanied by lower highs over the years at a downward sloping resistance trendline, leading to the formation of a narrowing triangle. The latest move was a bounce on the lower trendline of the triangle, and the next anticipated move is a push towards the apex of the triangle. The technical setup outlined in the analysis suggests that if Shiba Inu can break above the triangle’s upper boundary, a 17X surge toward the $0.00023 price level could follow. Although the predicted move looks too bullish, it aligns with standard principles of technical analysis regarding breakout from symmetrical triangles. Image From X: CryptoELlTES SHIB’s Current Price Action Points To Growing Momentum Shiba Inu’s price has shown early signs of strength after bouncing off the lower trendline once again, showing the resilience of buying pressure around this support level. The pattern on the chart suggests that SHIB may be forming a cup within the larger triangle, which adds to the bullish outlook if a breakout does occur. Building on this positive momentum, Shiba Inu’s recent price movements have tilted the monthly chart into a bullish stance, setting the stage for what could be a significant technical milestone. If the upward trajectory holds, Shiba Inu is on course to register its first positive monthly close in April after five consecutive months of negative closes. At the time of writing, Shiba Inu is trading at $0.00001381, down by 5.5% over the past 24 hours. However, despite the short-term pullback, the meme coin is still up by approximately 11.5% from its opening price in April. The question now is whether the broader crypto market will provide the momentum needed to trigger such a Shiba Inu price rally that breaks above the symmetrical trendline and sends it to $0.00023. Featured image from Unsplash, chart from TradingView
A venture capital giant is reportedly investing tens of millions of dollars into a Solana ( SOL )-based decentralized artificial intelligence (AI) project. Venture capital firm Paradigm is investing close to $50 million into AI startup Nous Research, a firm that specializes in human-centric language models and AI research, bringing its token valuation up to $1 billion, reports Fortune. According to Fortune, Nous Research plans to utilize artificial intelligence to train its open-source language models as a means of eventually competing with top AI firms, such as OpenAI and DeepSeek. However, one difference in the firm’s approach compared to the traditional one is that Nous wants to train AI models in a decentralized manner, using spare computing capacity from around the globe, rather than train their models in a central data center. Nous Research co-founder Karan Malhotra told Fortune that he, in collaboration with a former member of OpenAI’s founding team, created a method that would allow for the training of AI models in such a way. As stated by Malhotra to Fortune, “We think of the incentive mechanism behind crypto to push people to actually utilize their idle compute [of] less as a donation but more as a transaction… We don’t want to get kind of bogged down by the traditional view of how crypto operates when we’re a very serious research lab and an academic lab. This is really the only way in which we can make such a massive training run and such a democratic thing possible.” Though Nous has chosen to build on top of the smart contract platform, no timeline was given as to when the AI training product will go live. The firm is still deciding whether or not to give out rewards in SOL. 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 Venture Capital Firm Invests ~$50,000,000 in Solana-Based Decentralized AI Project: Report appeared first on The Daily Hodl .