Alabama and Minnesota Lawmakers Propose Bitcoin Reserve Bills Lawmakers in Minnesota and Alabama have introduced bills that would allow their states to hold Bitcoin (BTC) as part of official reserves, the latest additions to a growing list of U.S. states pursuing similar legislation. The Minnesota Bitcoin Act: Paving the Way for State Crypto Adoption On April 1, Minnesota State Representative Bernie Perryman introduced HF 2946, the counterpart to a Senate bill proposed by Senator Jeremy Miller on March 17. The Minnesota Bitcoin Act would: Permit the state investment board to invest in Bitcoin and other cryptocurrencies. Allow state employees to hold crypto within retirement accounts. Exempt cryptocurrency gains from the state income tax. Permit residents to use Bitcoin for paying state taxes and fees. Alabama’s Omnibus Crypto Legislation with Bitcoin Requirement Senate Bill 283 and House Bill 482 were introduced by Alabama Senator Will Barfoot and Representative Mike Shaw on April 1 . Although the bills don’t mention Bitcoin, they do call for investments in cryptocurrencies with at least a $750 billion market capitalization—a prerequisite that only Bitcoin currently meets. A Nationwide Trend: 26 States Consider Bitcoin Reserves As of now, 26 U.S. states have introduced bills to create state-level Bitcoin reserves. The most progress has been in Arizona, which is reportedly closest to enacting such a law. That has not been the case for every state, however. Pennsylvania was an early mover way back in November 2024 but ended up dropping the initiative. Similar bills in Montana, North Dakota, South Dakota, and Wyoming have also been shelved. Partisan Roadblocks and Legislative Tactics A report on March 3 by Barron’s stated that several so-called “red states” have been delayed, in part due to partisan disagreements over crypto policy. Introducing identical companion bills in both houses, as in Minnesota and Alabama, is a legislative strategy intended to expedite the approval process. With nearly half of U.S. states exploring Bitcoin reserves, the trend reflects increasing interest in decentralized finance at the state government level.
Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of the stablecoin FDUSD. Sun claims that FDT, which manages the reserves for both TrueUSD (TUSD) and FDUSD, is insolvent and unable to process client redemptions. This situation prompted Sun to quietly bail out TUSD after $456 million in reserves became illiquid due to the actions of Aria Capital Mgt and Aria Commodity Finance Fund, managed by Matthew Brittain and his spouse Cecilia Brittain respectively. Following Sun's allegations, FDUSD experienced a depeg, dropping to as low as $0.89 before recovering to $0.987. Sun has called for changes to Hong Kong's laws around trusts, citing systemic loopholes that allowed the alleged fraud to occur. He urged Hong Kong regulators to take decisive action to safeguard the city's financial reputation. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Key takeaways AMP price predictions hint at a maximum price of $0.00694 by the end of 2025 while maintaining an average price of $0.00578. In 2028, the price of AMP will range between $0.01619 and $0.01851, with an average price of $0.01735. In 2031, AMP will range between $0.02776 and $0.03008, with an average price of $0.02892. Amp (AMP) is a decentralized collateral token facilitating fast and secure payment transactions on the Flexa network. The goal of Amp is to make cryptocurrencies better equipped to be used as everyday payments by solving the issues of possibly fraudulent transactions and the slow-speed transaction of ordinary cryptocurrencies. Amp enables users to stake tokens without transferring them into a smart contract. This functionality makes Amp the ideal form of collateral to secure value transfer, from digital payments to traditional currency exchange and loan disbursements. Will AMP reach new heights with more adoption as the network’s number of users increases? Let’s examine the Amp technical analysis and predictions. Overview Cryptocurrency Amp Token AMP Price $0.00356 Market Cap $300.38M Trading Volume $13.47M Circulating Supply 84.23B AMP All-time High $0.1211 June 16, 2021 All-time Low $0.0007946 Nov 18, 2020 24-h High $0.003828 24-h Low $0.003451 AMP price prediction: Technical analysis Metric Value Volatility 6.48% 50-Day SMA $0.004719 200-Day SMA $0.005707 Sentiment Bearish Fear & Greed 26 (Fear) Green Days 15/30 (50%) AMP price analysis: AMP recovers to $0.00356 TL; DR Breakdown AMP price analysis confirmed an upward trend at $0.00356. It gained 2.89% of its value. AMP coin has support near $0.00346. On April 3, 2025, AMP price analysis revealed a bullish trend for the cryptocurrency. Its price recovered to $0.00356 over the last 24 hours, and the cryptocurrency gained 2.89%. The bears ruled the market last week; however, buying momentum was restored today. AMP 1-day price chart analysis The one-day price chart of AMP coin confirmed an up trend in the market. AMP/USD price increased to $0.00356 during the day. The increase in volatility suggests a higher chance of reversal. The distance between the Bollinger Bands is increasing. This confirms rising volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.00449. Its lower limit, showing a previous support, is at $0.00358. AMP/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator is in the neutral region. It is at 33.14 and moving upwards, confirming a bullish trend. AMP/USD 4-hour price chart analysis The four-hour price analysis of the AMP coin confirmed a bullish trend in the market. Its value jumped to $0.00356 in the last four hours. Despite the earlier dip, the bulls are leading. The Bollinger bands are widening as volatility increases. This rise in volatility signals market unpredictability in the coming hours. The upper Bollinger band has shifted to $0.00402, indicating the resistance level. Conversely, the lower Bollinger band is at a low of $0.00356, showing the support. AMP/USD 4-hour price chart. Source: TradingView The RSI indicator is in the neutral region. The indicator’s value fell to 28.96 previously, which has now at index 34.90. This confirms market stability. AMP technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.005175 SELL SMA 5 0.004789 SELL SMA 10 0.004702 SELL SMA 21 0.004396 SELL SMA 50 0.004719 SELL SMA 100 0.006045 SELL SMA 200 0.005707 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 0.004411 SELL EMA 5 0.004797 SELL EMA 10 0.005542 SELL EMA 21 0.006424 SELL EMA 50 0.006967 SELL EMA 100 0.006535 SELL EMA 200 0.005916 SELL What can you expect from the AMP price analysis next? AMP price analysis is bullish. AMP/USD price jumped to $0.00356 in the last 24 hours. Overall, the cryptocurrency gained 2.89% through the day. Technical indicators give a relatively bearish verdict for the market conditions. However, the price charts present a bullish scenario for the day. Is AMP a good investment? AMP has been struggling with a bearish trend for the past few months. Despite this, its strong fundamentals suggest it could be a solid long-term investment. Crypto analysts suggest that the coming weeks will steadily increase the cryptocurrency’s value. A bullish rally may be expected in the latter part of 2025, potentially pushing AMP above $0.00694. However, conducting your research and seeking professional financial advice is recommended. Why is AMP up? AMP’s price has increased today. Additionally, the coin has experienced a considerable gain of 2.89% over the last 24 hours. The price is trading at $0.00356, which is just below the average range as the bears remained in the lead during the week. Will AMP reach $0.010? AMP’s resistance level is at $0.005, yet a break above this level is possible if sufficient buying momentum builds. A break near or above $0.010 will require a more robust push but isn’t impossible, as the coin achieved this level on December 3, 2024. What will AMP price target be in 2025? The highest price target for AMP in 2025 is $0.00694. Will AMP ever reach $1? Amp has never spiked above the $0.12 level. Even this price mark was observed only once at the start of the token’s launch, and AMP has never seen this level again. It seems highly unlikely for AMP to achieve $1 soon. Will AMP reach $10? According to the price prediction, AMP will not achieve this level in the next 10 years until something unusual happens. Considering AMP’s current market cap of only $423.6 million, the scenario seems almost impossible. What will AMP be worth in 2030? The highest price of AMP in 2030 is expected to be around $0.02622. Does AMP have a good long-term Future? Amp is trading near its average price level if observed over the longest price period levels. It can be a good long-term investment, as its price is expected to double in 2026 and reach $0.03008 by 2031. Recent news/opinions on AMP AMP’s parent foundation, Ampera, compared the traditional debit card payment process with the blockchain-based payment process. It said credit card fraud increased by 7% last year. Transaction fees are from 1.5% to 3% per transaction, and a chargeback can cost merchants up to two times the original transaction. Amp-powered FlexaHQ offers a much faster and safer, fraud-proof payment system, according to the company’s claims. Paying with a credit or debit card may seem easy, but there's a lot more going on behind the scenes. – Credit card fraud increased by 7% in 2024. – Transaction fees are often 1.5%-3% per purchase. – A single chargeback can cost merchants 2x the original transaction. @FlexaHQ … https://t.co/FvxOLLyXhK — Ampera (@ampera_xyz) March 28, 2025 After rebranding to Ampera, the Ampera Foundation is again rebranding to Acronym Foundation, focusing on developing two products: Anvil and Ampera. Anvil is a collateral protocol for issuing on-chain secured credit, while the Ampera project is a grassroots payments initiative to support mainstream digital payments. AMP price prediction April 2025 Ampera’s (AMP) price prediction for April is a maximum price of $0.00461 and a minimum price of $0.00303. The average price for the month will be $0.00410. Month Potential Low Potential Average Potential High April $0.00303 $0.00410 $0.00461 AMP price prediction 2025 For the last month of 2025, AMP’s price will range between $0.00462 and $0.00694. The average price for the period will be $0.00578. Year Potential Low Potential Average Potential High 2025 $0.00462 $0.00578 $0.00694 AMP price predictions 2026 to 2031 Year Potential Low ($) Average Price ($) Potential High ($) 2026 0.00848 0.00964 0.0107 2027 0.0123 0.0134 0.0146 2028 0.0161 0.0173 0.0185 2029 0.0200 0.0212 0.0223 2030 0.0239 0.0250 0.0262 2031 0.0277 0.0289 0.0300 AMP price prediction 2026 The year 2026 will experience more bullish momentum. AMP price prediction estimates it will range between $0.00848 and $0.01079 with an average price of $0.00964, taking the bar quite higher than the current AMP price. AMP price prediction 2027 AMP prediction climbs even higher into 2027. According to the prediction, AMP’s price will range between $0.01234 and $0.01465, with an average price of $0.01349. AMP price prediction 2028 Analysis indicates a further acceleration in AMP’s price. It will trade between $0.0161 and $0.0185, with an average trading price of $0.0173. AMP price prediction 2029 According to the AMP price prediction for 2029, the price of AMP will range from $0.0200 to $0.0223, with an average price of $0.0212. AMP price prediction 2030 The AMP forecast for 2030 indicates the price will range between $0.0239 and $0.0262. The average price of AMP will be $0.0250. Ampera AMP price prediction 2031 The AMP price forecast for 2031 is a high of $0.0300. According to the AMP coin price prediction, it will reach a minimum price of $0.0277 and average at $0.0289. AMP price prediction 2025-2031 AMP market price prediction: Analysts’ Amp price forecast Firm Name 2025 2026 CoinCodex $0.00516 $0.0044 DigitalCoinPrice $0.00846 $0.00986 Cryptopolitan’s AMP price prediction Our predictions show that AMP will achieve a high of $0.00671 in 2025. In 2027, it will range between $0.0123 and $0.0146, with an average of $0.0134. In 2031, it will range between $0.0277 and $0.0300, with an average price of $0.0289. Note the predictions are not investment advice. Seek independent professional consultation or do your research. AMP historic price sentiment The AMP token was officially launched on September 11, 2020, with an initial price of $0.009. In its early months, AMP experienced a downward trend, hitting an all-time low of roughly $0.0007 on November 17 of the same year. AMP price history However, the token reversed its fortunes entering 2021. It surpassed its launch price, reaching a notable high of about $0.046 on February 14, 2021. The momentum continued, and by April 18, AMP’s price peaked at $0.064. AMP set new records, reaching a high of $0.077 on May 7, 2021, and then $0.12 on June 16, following its listing on the prominent cryptocurrency exchange, Coinbase. Despite these spikes, the overall trend for the rest of the year was bearish. By September 2021, AMP had fallen below the $0.05 mark as per crypto market data. In January 2022, AMP declined further to $0.02. The bear market proved challenging, and by June of that year, AMP’s price had fallen below its initial launch price. On September 7, it hit a 52-week low of $0.0054. In 2023, AMP attained a maximum price of $0.00642 and a minimum price of about $0.00146. Near the end of the year, AMP was trading at $0.0035. At the start of 2024, AMP gradually started its bullish cycle and reached $0.0056. On March 13, it peaked at $0.0129 before reversing. For May, June, and July, the AMP token continued its slow descent from the $0.0081 level to reach $0.0040, almost losing 40% of its value in three months. At the start of August 2024, AMP continued following the downtrend, reaching $0.0031, but made high spikes, leveling back to $0.00342 on August 25. In September 2024, the AMP token spiked as high as $0.00446 briefly, but in October, the AMP price dipped to the $0.00362 level. In November, AMP touched the $0.00800 mark and spiked higher to $0.0119 on December 8, 2024. AMP then corrected into 2025 below the $0.00649 mark in January and $0.00594 in February. In March, AMP came further down to the $0.0051 level, and at the start of April, it is trading near $0.0038.
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On April 3rd, COINOTAG reported a significant movement in the Solana ecosystem, highlighting the activities of a notable whale. According to Onchain Lens, within a span of just nine hours,
A major Solana whale deposit sparks speculation, hinting at a potential shift in market momentum. Solana’s price neared the breakout zone as whale activity stirs renewed interest. Liquidation clusters cleared
A major Solana whale deposit sparks speculation, hinting at a potential shift in market momentum.
Ethereum (ETH) continues failing to reclaim the $2,100 resistance, dropping 6% in the past week. As the second largest crypto trades within its “make or break” levels, some market watchers suggest it will continue to move sideways before another major move. Related Reading: ACT Memecoin Crashes 50% As Several Altcoins Suddenly Tank On Binance – What’s Going On? Ethereum Trades At 2023 Levels After closing its worst Q1 since 2018, Ethereum continued moving sideways, hovering between the $1,775-$1,925 price range. Amid last Monday’s recovery, Ethereum traded only 6% below its monthly opening, eyeing a potential positive close in the monthly timeframe. Nonetheless, the cryptocurrency fell over 10% from last week’s high to close the first quarter 45.4% below its January opening and 18.6% from its March opening. Moreover, it registers its worst performance in seven years, recording four consecutive months of bleeding for the first time since 2018. Daan Crypto Trades noted that ETH is “still trading in no man’s land” despite its recent attempts to break above its current range. In early March, Ethereum dropped below the $2,100 mark, losing its 2024 gains and hitting a 16-month low of $1,750. The trader suggested that the crucial levels to watch are a breakdown below $1,750 or a breakout above $2,100. “Anything in between is just going to be a painful chop,” he added. Another market watcher, Merlijn The Trader, highlighted that ETH is at 2021 levels, pointing that it is trading within the breakout zone that led to Ethereum’s all-time high (ATH) but has stronger fundamentals and more institutional demand four years later. “ETH is sitting on the same monthly support that ignited the 2021 bull run. Hold it, and $10K is in play. Lose it… and things get ugly,” he detailed. More Chop Before ETH’s Next Move? Analyst VirtualBacon considers that Ethereum will continue to trade within its current price range for the time being. He explained that ETH’s price has fallen to retest the last bear market resistance levels, as it has erased all its gains since November 2023. The analyst considers this zone a “good value range” but doesn’t expect the cryptocurrency to break out “right away.” However, he added that a bullish breakout is “simply a matter of time” in longer timeframes. “Ethereum always catches up when the Fed pivots and the global liquidity index beings to uptrend. That’s when you see the ETH/BTC ratio start to turn up again, leading the rest of the altcoin market,” he concluded. Related Reading: Is Bitcoin (BTC) Poised For A Q2 Recovery? Analyst Points To 2017 Similarities Ali Martinez pointed out that the number of large ETH transactions has significantly declined in over a month, dropping 63.8% since February 25. During this period, large transactions fell from 14,500 to 5,190, signaling a drop in whale activity on the network. He also noted that whales have sold 760,000 ETH in the last two weeks. As of this writing, Ethereum trades at $1,903, a 6% drop in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The founder of Binance, Changpeng Zhao (aka CZ), recently shared valuable investment insights on the Reachme platform. CZ…
A few days ago, some altcoins listed on Binance experienced sudden and sharp declines. While these declines caused investors to suffer major losses, these declines continue to be one of the main agenda topics in the market. While ACT, a memecoin based on Solana (SOL), one of the altcoins that experienced a sharp and sudden decline, attracted attention with its drop exceeding 70%, an official statement came from the ACT team. While explaining the reason for the decline in its statement, the ACT team stated that the foundations of the ACT project were solid and that there were no problems. The ACT team pointed to Binance as the reason for the drop. The team stated that Binance’s changes to leverage and margin settings on March 31 and April 1 caused the sudden price drop. “What happened: Binance adjusted leverage and margin tiers for multiple tokens, including ACT, with a few hours notice on March 31 and April 1. This situation caused many investors and market makers with very large positions to be forced to close/reduce their positions, which led to a wave of selling. Selling pressure intensified rapidly, with both high-leveraged and low-leveraged investors affected.” The ACT team also stated that four users, three of whom were VIPs, sold over $1 million worth of ACT on the spot market, as mentioned in Binance's statement. According to the team, these sales triggered sharp price declines that resulted in forced liquidations of leveraged positions in the ACT/USDT pair. Although the sharp and sudden decline in the market was a great disappointment for investors, the ACT team said that there was no problem or fundamental issue with the project. The team stated that ACT continues its work and said, “We continue to focus on accelerating our long-term goal of promoting growth and development. We will be presenting the projects we are working on at Token2049 at the end of this month, we look forward to presenting there and meeting you.” The statement made by the team was not enough to stop the ACT price decline. ACT has fallen by over 70% in the last three days. *This is not investment advice. Continue Reading: The Real Reason for the 70% Sudden Drop in Altcoin Listed on Binance Has Been Revealed! Official Statement Has Arrived!