Post-Crash Optimism Remains for Ethereum, XRP, and Bitcoin (BTC)

After a sharp market correction that tested conviction across the board, optimism is slowly returning to the crypto sector. Leading the recovery are the usual suspects— Bitcoin , Ethereum , and XRP —each demonstrating that time-tested fundamentals and large-scale adoption matter, especially in turbulent times. These projects have proven they can absorb shocks, adapt quickly, and continue to lead the broader conversation. But as attention settles on familiar names, a new generation of assets is quietly forming its own path forward. One name gaining traction in these early stages is MAGACOINFINANCE . MAGACOINFINANCE Is Earning Respect by Avoiding the Spotlight—and Delivering Anyway While some projects live off hype, MAGACOINFINANCE has taken the opposite approach—building quietly and consistently. It didn’t surge with the market, nor did it fade during the crash. It simply kept developing, growing its user base, and attracting the attention of researchers and early investors who look past surface-level trends. In recent weeks, conversations about MAGACOINFINANCE have shifted. It’s no longer a question of whether the token has potential—it’s about how much of that potential is already being realized. Community strength, wallet metrics, and early integrations all point in one direction: steady, healthy momentum. It’s not trying to outshine giants like Ethereum or Bitcoin . It’s simply carving out space of its own—and doing it well. Rebound Watch: Cardano, Toncoin, Chainlink, and Stellar Cardano continues to play the long game. Its slow, peer-reviewed approach to development can frustrate some, but it has earned deep trust from long-term holders. After the crash, it has rebounded with the same steady resilience that defines its roadmap. Toncoin is expanding its reach via integrations with everyday digital platforms. Its growth trajectory is unique—leaning on mobile usability and mainstream accessibility to drive real-world engagement. Chainlink remains the cornerstone of smart contract data. With nearly every major Decentralized finance protocol depending on its oracles, its value is undeniable. Volatility doesn’t shake its relevance—it reinforces it. Stellar remains mission-driven. Focused on cross-border payments and financial inclusion, its post-crash performance reflects strong backing and continued use in emerging economies and fintech platforms. All four continue to bring substance to the table. But in a market hungry for new momentum, MAGACOINFINANCE is offering something different: the promise of early-stage movement built on execution—not speculation. Closing Outlook The dust hasn’t fully settled, but the direction is clearer. Bitcoin , Ethereum , and XRP continue to inspire confidence. They are the cornerstones of this space for good reason. But as 2025 approaches, investors aren’t just asking which coins will recover. They’re asking which ones are quietly getting ready to lead. MAGACOINFINANCE may not have peaked—because it’s only just begun. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Post-Crash Optimism Remains for Ethereum, XRP, and Bitcoin (BTC)

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Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K

The post Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K appeared first on Coinpedia Fintech News Bitcoin price is closely correlated with many altcoins that closely follow the trend. These altcoins have been following the BTC price rally and experiencing a similar price action to the star token. Therefore, now that Bitcoin is believed to revive a strong ascending trend soon, these cryptos are expected to follow and probably rise and reach new highs. The entire market triggered a massive breakout in Q4 2024, which pushed the BTC price to a new ATH close to $109K. This has also elevated the prices of the altcoins like Ethereum, XRP, Litecoin, Solana & Dogecoin. While Ethereum peaked above $4000, XRP above $3.3, Bitcoin almost reached $150, and Dogecoin $0.5. Meanwhile, the winner of the race was Solana, which managed to peak and form a new ATH above $295. While almost the whole market faced a major rejection, followed by a pullback, these altcoins maintained the same ascending consolidation as Bitcoin. The prices of ETH, XRP, LTC, DOGE & SOL have been consolidating since the start of the month but under bullish influence. All of them are testing the resistance strongly and preparing for the next bullish move by the BTC. Once done, these altcoins are believed to trigger a 30% upswing. While Bitcoin price is primed to rise back to $100K after securing the resistance at $95,000, Ethereum price is expected to surge above $2000. Besides, the XRP price is expected to surpass the crucial resistance at $2.6. Meanwhile, Solana’s price is expected to make it to $180, and Dogecoin’s price could surge above $0.2 and eventually reach $0.25. However, to do so, the Bitcoin price is required to close the weekly trade above $95,000 and secure the resistance at $96,800 before the end of the month.

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Bitcoin Metrics on Binance Show Shift That Could Precede Market Squeeze

Bitcoin has seen a modest decline in price after climbing above $94,000 earlier in the week. At the time of writing, BTC is trading at $92,775, reflecting a 1.3% decrease over the past 24 hours. The move comes after a multi-day rally that saw Bitcoin gain nearly 10% since the beginning of the week, raising questions about whether the recent momentum is sustainable or a temporary uptick amid broader market uncertainty. While price action has stalled slightly, on-chain data and exchange behavior are beginning to shape a clearer narrative for Bitcoin’s short-term outlook. Related Reading: Bitcoin Explodes Above $94,000 — What’s Igniting The Fire? Shift in Exchange Flows Signals Accumulation and Reduced Selling Pressure According to a new analysis from CryptoQuant contributor Novaque Research, investor behavior on Binance, currently one of the largest retail-focused crypto exchanges, may offer valuable insight into what comes next for BTC, particularly regarding liquidity conditions, positioning, and potential short-term price squeezes. Novaque Research pointed to notable changes in exchange flow patterns that appear to coincide with Bitcoin’s recent price behavior. Between April 6 and April 10, Bitcoin inflows into Binance exceeded 15,000 BTC. During this same period, Bitcoin’s price hovered in the $85,000 to $87,000 range. The analysts interpret this as indicative of increased sell-side pressure, likely driven by short-term traders liquidating positions or preparing for tax-related obligations. In contrast, between April 19 and April 23, Binance experienced over 15,000 BTC in outflows as the price moved above $93,000. This activity suggests a shift toward accumulation, with investors moving assets into self-custody—a trend often viewed as bullish since it implies reduced short-term selling risk. Supporting this view, the Exchange Reserve metric shows a declining trend since April 18, while the Exchange Whale Ratio fell below 0.3 on April 23, suggesting that large-volume traders are stepping back, and the market is becoming more influenced by retail behavior. Bitcoin Short Squeeze Potential Emerges as Leverage and Whale Activity Decline Alongside changes in exchange flows, Novaque Research notes that the structure of Bitcoin’s leveraged positions has also evolved. According to the analysis, leveraged long positions were largely flushed out in the $82,000 to $88,000 range, indicating that many short-term traders exited during the recent price swings. At the same time, short positions remain concentrated just above the $92,000 level, which could make them vulnerable to a short squeeze if the market gains further upward momentum. Related Reading: Bitcoin Buyers Take Control on Binance, But Funding Rates Flash a Warning The report concludes that market conditions are now more balanced, with fewer large players influencing price direction and thinner liquidity zones above current levels. The CryptoQuant contributor noted: With the market structure cleaned up and liquidity thin above present levels, any trigger (ETF flows, Fed pivot , EM weakness) may rapidly propel BTC above $98K-$100K. Featured image created with DALL-E, Chart from TradingView

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SUI boosted by ETF talk and a growing DeFi sector

SUI rallied to a one-month high, after expanding by 60% in the past week. The L1 platform traded as an undervalued asset, before getting a boost from ETF filings and expanding DeFi lending. SUI broke out from its recent lows to trade at a one-month high. The token added 60% in the past week alone, reaching $3.39 with rapid expansion. SUI achieved an all-time high above $5.30 in January, a level not too far off. This sparked speculations SUI could extend its gains for new all-time highs above $7. The biggest boost for SUI comes from the series of ETF applications currently under review. Canary Capital is one of the applicants, but more exposure came from 21Shares, the newly formed entity aiming to build a BTC and crypto treasury. VanEck and Grayscale already launched SUI-based products as a test for wider adoption. Grayscale’s SUI Trust launched just a day ago, adding to the project’s exposure and the token rally . Grayscale Sui Trust is open to eligible accredited investors seeking exposure to $SUI , a third-generation blockchain designed to help address scalability and transaction costs. Learn more, see important disclosures, or reach out to us: https://t.co/7wTZubYK28 pic.twitter.com/gq1SuDI8zN — Grayscale (@Grayscale) April 24, 2025 For now, the product is still only accessible to accredited investors. However, SUI is also aiming at a wider user base. The bullish scenario for SUI is to rival Solana as a cheap and fast chain for building apps and real economic activity. SUI grows the DeFi lending sector SUI is a multipurpose L1 chain, which adapted to the shifting Web3 demand. Previously, the chain marketed itself through NFT collections. SUI also carries meme assets and Bitcoin-based DeFi tokens, including several types of wrapped BTC. SUI total value locked increased by nearly 40% in the past week, tracking the token’s rally. Currently, the protocol carries $1.63B locked in lending protocols and in the form of stablecoins. SUI has been a long-running project, going through multiple bull and bear cycles. In Q1 2025, SUI expanded its daily active addresses, with a baseline of 1.5M to 2.5M daily active users. SUI active addresses showed more consistent daily activity in Q1, tapping demand for DeFi lending. | Source: Artemis SUI receives over $125M flowing in from the Ethereum ecosystem. Of those inflows, over $115M come from stablecoins, with around $10M from other tokens. Despite the slowdown, SUI is now boosting its liquidity. The stablecoin supply on SUI grew from $714M in the past week up to a new high of over $879M. Most of the growth comes from USDC inflows, as the SUI protocol aims to track Solana’s success in building liquidity. SUI also carries a growing array of tokens, including BTC liquid staking tokens. The chain carries Lorenzo stBTC, as well as Lombard Staked BTC (LBTC). The SUI ecosystem currently carries 165 tokens with significant liquidity. Other native SUI tokens linked to memes and DeFi expanded between 45% and 145% in the past week. Cetus Protocol (CETUS) is up 49.6% in the past day, recovering to $0.21 after months of trading near all-time lows. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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Memecoin mania fading? What’s scaring creators off Pump.fun

With Bitcoin’s dominance soaring, is liquidity fleeing altcoins for good?

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Dogecoin Prospects Incline Bullish; Early Yeti Ouro Investors Benefit From Stage 4’s Presale Price Rise

DOGE is making a breakout from narrow ranges. The April close for Dogecoin price has been quite phenomenal. But Yeti Ouro (YETIO) ’s presale climax fuels momentum—Stage 4 began yesterday at $0.041 per YETIO token. With Unreal Engine 5 gameplay, a fixed 1B supply, 5% token burning, and SOLIDProof auditing, early investors pursue rare, battle-tested tokens. Analyzing Dogecoin Chart The 20-period Bollinger Bands on the daily DOGE/USDT chart indicate a shift from contraction to expansion in volatility. Well into early April, the Bollinger Bands compressed very aggressively, marking decreased price dispersion. A wide-ranging bull candle closed decisively above the 20-day mid-band (≈ 0.1600) on 22 April and hit the upper band (≈ 0.1790) with a surge in volume to 158 M DOGE—its largest turnover in over three weeks. This breakout indicates fresh directional commitment and reverses the recent drift below the mid-band. Momentum is favouring the reversal. The 14-period RSI reversed a long-running downtrend, moving upward from below-40 to 56 levels, and is back into the bull half of its range without yet getting close to overbought levels. The positive divergence for the indicator against price in early April adds credence to the shift in bias. The immediate resistance lies at the top Bollinger Band and the previous consolidation shelf at 0.1800 to 0.1900. A daily close above this area would unlock the scope to the psychological 0.2000 area and the late-March high at 0.2100. A failure to maintain above 0.1800 would more than likely cause mean reversion back to the mid-band at about 0.1600; lower band support at 0.1410 is secondary. The overall technical stance is now neutral-bearish to gradually becoming cautiously bullish, subject to Dogecoin price successfully closing above 0.1800 with supportive volume. Dogecoin’s recent gain is in line with a risk-on sentiment amid waning dollar tension in reaction to White House comments on milder tariffs and ongoing Fed leadership stability. Lower Treasury yields and an upward swing in equities shifted liquidity to crypto, driving DOGE above its mid-band. A 23 April 10x research tweet that identifies new BTC dollar inflows reminds us how macro signals rather than on-chain drivers continue to influence meme-coin sentiment. Yetio Ouro (YETIO) Stage 4 Presale Commences Yeti Ouro has concluded Presale Stage 3 with over 226 million tokens sold and approximately $3.55 million raised. The $0.024 purchase price has expired and the commencement of Stage 4 at $0.041 yesterday sees early bird investors from Stage 1 realizing a circa 242% ROI. An even steeper price increase is expected for the final Presale Stage 5 before the token’s launch on CEX/DEXs. Yeti Ouro focuses on playable utility with its Unreal Engine 5 racing game, Yeti Go. The play-to-earn framework gives winners tokens that can be used for staking or in-game purchases with the hope of creating a sustainable economy. There is built-in scarcity due to a fixed supply limit of 1 billion tokens, with 5% reserved for burning to hopefully drive long-term value. Yeti Go throws you straight into a high-octane world where breathtaking visuals and rich, immersive audio deliver a pulse-pounding experience. Developed in collaboration with the award-winning studio behind iconic games like Call of Duty, Spider-Man, The Witcher, and Dead Space, every element is crafted for maximum impact. The soundtrack—brought to life by audio professionals who’ve worked with Grammy-nominated artists such as Major Lazer, Vybz Kartel, and Kabaka Pyramid—adds a layer of emotion and momentum that keeps the adrenaline flowing. Scroll down to meet the lead character and step into its universe where action, speed, and style collide. Future key developments will involve listings on decentralized and centralized exchanges in Q2 2025, with staking functionality scheduled to become available in Q4 2025. In addition, the smart contract of the project has been audited by SOLIDProof, lending an element of credibility to the presale. YETIO’s release coincides with an expanding GameFi space ( 28.5% CAGR ) and an investment trend reversal away from stagnant, meme-based coins, such as SHIB, toward projects with real gameplay. The quick fundraising success of YETIO, even under sideways conditions for leading cryptocurrencies, marks this sensation. The future value of the project depends largely on the appropriate execution of token burns, timely listings on exchanges, and onboarding real-life player activity. In spite of these risks, its blend of low supply, audited smart contracts, and its cinematic Play-to-Earn (P2E) game makes YETIO an attentively watched small-cap launch this week. What to Expect from YETIO? Anticipate YETIO to surge after presale as Stage 4 pricing at $0.041 fuels FOMO. Q2 listings on larger exchanges will push price toward $0.06, with burning tokens and nascent staking in Q4 sparking a mid-year price rally. Keep an eye on P2E game adoption by users: low adoption will derail traction. Keep a close eye on daily trading volume. Join the Yeti Ouro Community Website: https://yetiouro.io/ X (Formerly Twitter): https://x.com/yetiouro Telegram: https://t.me/yetiouroofficial Discord: https://discord.gg/YtUsEZ2ZrV

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El Salvador Plans to Establish Cross-Border Crypto Regulatory Sandbox with the U.S

The Securities and Exchange Commission (SEC) had a meeting with top officials from El Salvador to discuss cross-border regulatory collaboration. Representatives from Goldman Sachs and Perkins Law Firm joined the meeting. El Salvador has been in the news recently regarding US deportations and immigration. The news of a meeting between US and El Salvador officials is positive and symbolises a pro-crypto approach by the SEC. The SEC wants to oversee El Salvador’s tokenization projects, such as those involving tokenized real estate, so that it can learn lessons on how to regulate crypto. The SEC wants to have a sandbox so that it can isolate these crypto projects and monitor their progress in real-time. El Salvador already accepts crypto as legal tender. The country would be perfect, given its laws and location, for American regulators to experiment with crypto. The sandbox programme, accepted by El Salvador officials, would be a pilot programme with a cap of $10,000 per tokenized project. The cap will allow licensed traders in the United States to operate non-securities in El Salvador, collaborate with a local South American company, and do so under the SEC’s watchful eye. In 2021, President Nayib Bukele introduced new laws that legalised Bitcoin as legal tender. The President is seen as a pivotal force for crypto adoption in South America, taking a bold bet on Bitcoin and other digital assets. On April 14, Bukele met with Trump to discuss a $6 million deal to send prisoners from America to El Salvador. The plan was seen as controversial by many because several federal judges deemed the deportations to be illegal. The sandbox method offers several benefits for the SEC, including increased access to data about crypto, control over a risky market, and enhanced stability for many American traders investing in South American companies. The sandbox also signals a shift from draconian regulation to a more innovative approach. The SEC, with its sandbox approach, provides American and Salvadoran businesses an opportunity to test the waters of crypto and take some measured risks. On the Salvadoran side, access to American capital is an opportunity to derisk their assets and attract more talent from North American universities. Hester Pierce, SEC Commissioner, said in February that strategies needed to be developed to figure out long-term regulations for the crypto industry and to encourage innovation in the meantime. Paul Atkins, the newly appointed SEC chair, has stated that he wants to establish a solid foundation for crypto regulation.

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Altcoin Listed on Binance Is Silently Rising! Here Are the Reasons for the Rise!

The rapid recovery in Bitcoin and altcoins has attracted attention in the cryptocurrency market this week. The BTC price has risen above $94,000, while it is traded at an average of $93,000. At this point, Bitcoin remains above $93,000, while Ethereum (ETH), XRP, BNB, Avalanche (AVAX) are stable. Solana (SOL) is up 2.6%, while Dogecoin (DOGE) and Cardano (ADA) are up 4%. SUI Attracts Attention with Its Rise! Outside of the majors, Sui Network’s native token SUI rose by &18.5 in the last 24 hours, taking its weekly gains to 70%. Continuing its multi-day rally, SUI’s bullish catalysts include the move by ecosystem company xPortal, which has launched a SUI-branded payment card that operates on the Mastercard network. Catalysts were also cited to include TVL, DEX volume, and stablecoin growth. Cryptocurrency analytics firm Lookonchain attributed the 60% increase in SUI’s price to a combination of increasing total value locked (TVL), decentralized exchange (DEX) volume, and stablecoin growth on the network. According to the data, the TVL of the Sui blockchain increased by 38% to $1.65 billion last week, while the daily DEX volume increased by 177% to $599 million. The value of stablecoins on the network also increased by 82% in two months, from $482 million to $879 million. SUI continues to trade at $3.53 after the rise it experienced. The $SUI price has surged by 60% in the past week. What is driving the rise of $SUI ? TVL has increased by 38% in the past week to $1.645B. DEXs Volume(24h) has reached $599M, a 177% increase from last week. Stablecoins on #Sui have grown rapidly over the past two months,… pic.twitter.com/X3m0FdGo9O — Lookonchain (@lookonchain) April 25, 2025 *This is not investment advice. Continue Reading: Altcoin Listed on Binance Is Silently Rising! Here Are the Reasons for the Rise!

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Will Bitcoin’s Rare Short Squeeze Blast It Past $95K before April End?

Bitcoin’s been trapped between $91,000 and $94,500 for days. But something’s brewing beneath the surface. Glassnode called out a rare setup—rising ...

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ARK Invest Predicts Bitcoin Could Hit 2.4 Million by 2030

Ark Invest’s projections are based on growing institutional adoption, Bitcoin’s finite supply, and its expanding role as a safe haven in emerging markets. The firm also increased its base and bear case projections to $1.2 million and $500,000 respectively. The firm's report was released amid a record exodus of Bitcoin from crypto exchanges, which signals that there is a shift toward long-term holding. Publicly traded companies have aggressively accumulated Bitcoin, and contributed a lot to this trend. Outside the US, Asian firms like Japan’s Metaplanet and Hong Kong’s HK Asia Holdings are also building substantial reserves. Meanwhile, the town of Fornelli in Italy recently announced on Facebook that it will honor Bitcoin's creator with a public monument. Fornelli holds the unique distinction of having the highest density of Bitcoin adoption in the world. Bitcoin Could Outgrow Gold and Rival Global Economies ARK Invest, the leading asset manager, recently raised its long-term Bitcoin price forecasts, and projected a bullish case of $2.4 million per BTC by the end of 2030. The firm’s research was released on April 24, and outlines an updated model built on Bitcoin’s total addressable market, projected adoption rates, and its fixed supply trajectory. Bitcoin price projections (Source: ARK Invest ) The bullish scenario sees Bitcoin achieving a 6.5% penetration of the $200 trillion financial market, excluding gold. This alone could drive massive capital inflows, according to ARK analyst David Puell, who believes that institutional investment is the strongest growth driver in their model. In addition to the bull case, ARK adjusted its base and bear case predictions to $1.2 million and $500,000 respectively, up from $710,000 and $300,000 earlier this year . Bitcoin’s role as “digital gold” is another pillar of ARK’s projections, and the firm estimates that Bitcoin could capture up to 60% of gold’s $18 trillion market cap. The third major driver, accounting for 13.5% of the bull case projection, is Bitcoin’s adoption as a safe haven in emerging markets. Bitcoin is increasingly viewed as a hedge against inflation and currency devaluation. Bitcoin potential use cases (Source: ARK Invest ) Other contributing factors include nation-state and corporate adoption of Bitcoin for treasury reserves, as well as the growth of Bitcoin-based financial services. If Bitcoin were to hit ARK’s bullish projection, it would command a market cap of $49.2 trillion based on an estimated circulating supply of 20.5 million coins by 2030. That valuation would surpass the combined GDP of the United States and China and place Bitcoin ahead of gold as the largest asset class globally. Even in the more conservative scenarios, Bitcoin will need to keep up extraordinary growth rates. The $500,000 bear case implies a 32% annual growth rate, while the $1.2 million base case will require a 53% annual increase. These levels are very rarely seen for trillion-dollar assets. These projections were made after Bitcoin showed some renewed strength in 2025, and rebounded from a low of $75,160 to trade near $94,000. This momentum was boosted by renewed investor confidence and the Trump administration’s Strategic Bitcoin Reserve. BTC’s price action over the past week (Source: CoinMarketCap ) Bitcoin Leaving Exchanges at Record Rates Supporting BTC’s current momentum is the fact that Bitcoin reserves on crypto exchanges fell to their lowest level since November of 2018, driven largely by accelerating accumulation from publicly traded companies. According to a recent report from Fidelity Digital Assets, the amount of Bitcoin held on exchanges declined to approximately 2.6 million BTC. This sharp decrease means that more than 425,000 BTC was moved off exchanges since November. It could also mean that there is a growing preference for long-term holding over active trading among investors. Most of the buying activity has been attributed to public companies , which acquired close to 350,000 BTC during this period. Fidelity pointed out that this trend is expected to gain even more momentum in the near future. The firm’s digital asset subsidiary, which launched in 2018, said that the shift of Bitcoin from exchanges into corporate treasuries is a key signal of maturing institutional adoption. As the issuer of one of the first spot Bitcoin ETFs approved in the US, Fidelity Wise Origin Bitcoin Fund, the firm plays a central role in the growing infrastructure supporting institutional Bitcoin exposure. (Source: X ) The largest buyer by far has been Strategy, the business intelligence firm-turned-Bitcoin holding company founded by Michael Saylor. Since November, Strategy purchased 285,980 BTC. This is 81% of all Bitcoin acquired by publicly listed companies over that timeframe. More recently, the company shared that it added another 6,556 BTC to its holdings. Outside the United States, public firms in Asia are also embracing Bitcoin as a treasury reserve asset. Japan’s Metaplanet now holds 5,000 BTC and plans to double that figure by year’s end, according to CEO Simon Gerovich . In Hong Kong, HK Asia Holdings is looking to raise over $8 million to potentially expand its own Bitcoin reserves. The rapid drawdown of exchange-held Bitcoin, paired with increasing corporate accumulation, proves that there is a major shift in investor behavior. With institutions treating Bitcoin as a strategic reserve and safe-haven asset, the supply available for trading continues to shrink, which could have far-reaching implications for the market’s long-term price dynamics. Italian Town Dedicates Statue to Satoshi It is not just companies that are embracing Bitcoin. The small Italian municipality of Fornelli, located in the Molise region, is set to unveil a monument honoring Satoshi Nakamoto, the pseudonymous creator of Bitcoin. In an announcement that was posted to Facebook on April 23, the local government revealed that the artwork, created by artist Mattia Pannoni, will be officially presented on May 1 in the town’s central Piazza Umberto I. The monument is being financed by the municipality itself. (Source: Facebook ) Fornelli Mayor Giovanni Tedeschi believes it is important to support forward-thinking ideas, particularly those championed by the younger generation. According to the local administration, Fornelli holds the unique distinction of having the highest density of Bitcoin adoption in the world, despite its modest population of just 1,800 residents. The decision to honor Nakamoto was made after a trend seen in other regions that have embraced cryptocurrency to varying degrees, like El Salvador’s Bitcoin Beach and the crypto-friendly Swiss city of Zug. Though the true identity of Nakamoto is still very much a mystery, artists have long attempted to portray the enigmatic figure through faceless sculptures and symbolic depictions. Statue of Satoshi Nakamoto, creator of Bitcoin, unveiled in Lugano In keeping with that tradition, the new monument in Fornelli is expected to reflect Nakamoto’s anonymity, a hallmark of previous artistic tributes in the crypto world.

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