Panama City has approved a measure allowing residents to pay for public services using cryptocurrency. The city council voted to enable payments in Bitcoin ( BTC ), Ethereum ( ETH ), USD Coin ( USDC ), and Tether ( USDT ) for services like taxes, permits, and fines. A partner bank will convert the crypto to U.S. dollars at the time of payment, complying with legal requirements without passing new legislation. “Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legistlation,” Panama City’s Mayor Mayer Mizrachi posted. “Legally public institutions must receive funds in $, so we partner with a bank who will take care of the transaction receiving in crypto and convert on spot to $. This allows for the free flow of crypto in the entire economy and entire government.” 🇵🇦 Panama City council has just voted in favor of becoming the first public institution of government to accept payments in Crypto. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, USDT @APompliano @aantonop … — Mayer Mizrachi (@Mayer) April 15, 2025 The new system gives residents a way to use crypto for everyday transactions with the government, while making sure the city still receives payments in its official currency. It also gives Panama’s crypto economy room to grow without requiring every institution to manage digital assets directly. This step differs from El Salvador’s approach , which made Bitcoin legal tender in 2021. Panama’s model is optional and focused on compatibility with existing financial systems. You might also like: DWF Labs enters US market with New York office and $25m WLFI investment
Bitcoin’s price moved within a narrow range of $83,524 to $84,156 over the past 60 minutes, reflecting a momentary consolidation. With a market capitalization of $1.66 trillion and a 24-hour trading volume of $25.66 billion, the asset traded within an intraday range from $83,219 to $86,186. Bitcoin The one-hour chart reveals a market caught in
Market watchers haven’t changed their long-term outlooks for Bitcoin (BTC) or Ethereum (ETH) . Many still view $250K and $10K as achievable milestones during the next full bull cycle, especially as institutional adoption picks up and global crypto sentiment turns increasingly optimistic. One project quietly gaining momentum is MAGACOINFINANCE —a low-cost, high-activity altcoin quickly becoming one of the most talked-about early opportunities of 2025. STAGE 6 SOLD OUT — STAGE 7 LIVE NOW MAGACOINFINANCE – The Crowd Is Moving, Are You? MAGACOINFINANCE is gaining traction not from influencers or hype, but from traders who’ve spotted the early signs of something big. Currently priced at $0.0002908 and set to list at $0.007 , the token offers a strong 25x ROI potential. The movement is organic: growing wallet counts, increased mentions on pre-sale monitors, and Telegram chats filled with FOMO from those trying to get in before the next big push. This isn’t an “announcement-fueled” run—it’s people acting on real data, and it’s building daily. Those who wait for exchange listings might miss the early edge. MAGACOIN FINANCE UNDER $0.0004 — 100x COMING! MAGA50X Bonus Still Active – 50% Extra Token Allocation Right now, the MAGA50X bonus is still live—giving early participants a 50% token boost on their purchases. With increased demand, this window may close quickly. Snapshot: XRP, AVAX, and BCH Stay Steady XRP remains a top contender in cross-border financial tech AVAX drives fast-layer innovation and multichain capabilities BCH continues as a reliable option for low-fee crypto transactions 50% EXTRA BONUS LIVE — USE CO-DE MAGA50X BEFORE IT’S GONE ! Conclusion With price targets of $250K BTC and $10K ETH still in play, and solid projects like XRP , AVAX , and BCH continuing to build, traders are also watching where the retail crowd is going. Right now, that crowd is gathering around MAGACOINFINANCE —a low-entry, high-upside altcoin rising fast. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $250K BTC and $10K ETH — Are They Still on Track?
The Panama City Council, as reported by Mayer Mizrachi, has voted to become the first government institution in Panama to accept cryptocurrency payments for public services. Residents can now pay taxes, fees, tickets, and permits using Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT). This move allows for the integration of cryptocurrencies into municipal operations in Panama City, despite the legal requirement for public institutions to receive funds in USD. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
A widely followed analyst and trader is leaning bullish on Bitcoin ( BTC ) as the flagship crypto asset hovers around 21% below its all-time high. The analyst pseudonymously known as Rekt Capital tells his 108,000 YouTube subscribers that Bitcoin’s banana zone, a period when BTC experiences rapid and explosive growth, is still on course. According to the analyst, the correction that Bitcoin has recently undergone is temporary. “ This is a blip within that banana zone that’s going to see us go higher into an additional uptrend continuation.” According to Rekt Capital, the correction Bitcoin has undergone is not out of the ordinary. “ What happens with Bitcoin’s price action when it breaks to new all-time highs is yes we do see a parabolic ascension to those new all-time highs. But sometimes when we break to new all-time highs it can get a little bit bumpy like we saw in 2017, for example. And even in this period, we also saw a little bit of a bumpy ride just before new all-time highs. And in this cycle in the pre-halving period, we saw a six-to-seven-month corrective period after we actually rallied to new all-time highs… Same here in 2013, bumpy in and around the old all-time high region.” As for what will come next for Bitcoin once the parabolic uptrend resumes, the pseudonymous analyst says, “Once this corrective phase ends, we’ll see another expansion phase price discovery number two. And then that second price discovery correction number two as well. And after that correction ends, we will see that final uptrend into a new all-time high into probably the bull market peak.” Bitcoin is trading at $85,773 at time of writing. 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 ‘This Is a Blip’: Crypto Analyst Says Bitcoin’s Parabolic Ascension Is Still on Track – Here’s His Outlook appeared first on The Daily Hodl .
Bitcoin price is steady, with a 7.85% weekly rise to $84,858.95, but its $1.68 trillion market cap is being overshadowed by altcoins stealing the spotlight. PEPE ( PEPE ), Minotaurus (MTAUR), and Ripple ( XRP ) have surged, with PEPE leading at 13.25%, followed by XRP’s 12.38%, outpacing Bitcoin’s ( BTC ) climb. These three cryptocurrencies, driven by technical breakouts and ecosystem growth, are capturing attention. Here’s why they’re shining brighter than Bitcoin. PEPE: memecoin with momentum PEPE, trading at $0.057405 with an approximate $3 billion market cap, posted a 13.25% weekly surge and now ranks as the 30th most valuable crypto by market cap. Crypto analyst Crypto Kartha notes a confirmed breakout from a descending channel, projecting a 180% rally to $0.00002129. World Of Charts supports this view, citing a prior 142% jump after a similar breakout in October 2024, and expecting a comparable 117% move in April 2025. Pepe price chart | Source: X PEPE’s appeal lies in its meme-driven community, amplified by Gen Z’s social media buzz. Unlike Bitcoin’s institutional lean, PEPE thrives on retail enthusiasm, making it a volatile but captivating altcoin as market sentiment shifts. You might also like: SHIB and XRP show signs of life at key support levels Minotaurus (MTAUR): gaming’s new frontier Minotaurus (MTAUR) is gaining traction in the Web3 gaming space, offering a strategy-based maze-running game that resonates with younger audiences. The token enables players to access exclusive features and power-ups, embedding blockchain utility in casual gaming which is a $15 billion market. Influencers in crypto and gaming circles are spotlighting MTAUR, drawn to its community focus over hype. As altcoins like PEPE surge, MTAUR’s practical ecosystem positions it to catch the wave, especially if Bitcoin’s 61% dominance eases, sparking broader altcoin interest in 2025. Hurry up and buy Minotaurus here . XRP: regulatory clarity drives surge XRP, priced at $2.15 with a $125.43 billion market cap, climbed 12.38% this week, ranking on CoinMarketCap . Ripple’s euro-backed stablecoin launch on the XRP Ledger enhances its payment-focused blockchain, settling transactions in 3-5 seconds for $0.0002. Ali Martinez, a popular analyst, flags an ascending triangle, with a breakout past $2.22 eyeing $2.40. Another anonymous analyst pointed to a double bottom pattern and predicted a rally to a $17. XRP price chart | Source: X Final Thoughts: Why These Altcoins Are Surging Bitcoin’s rally, backed by whale accumulation – 100,000 BTC since March per CryptoQuant – sets a bullish tone, but altcoins are stealing momentum. PEPE’s meme-fueled breakout, MTAUR’s gaming utility, and XRP’s stablecoin and technical patterns align with a potential altcoin season. You might also like: BNB price on the verge of a breakout after the latest token burn
On April 16th, COINOTAG reported that Yala, a pioneering liquidity layer designed for Bitcoin, has forged a significant partnership with Centrifuge, a leader in real-world asset (RWA) credit solutions. This
Matthew Sigel , head of research at VanEck, has introduced a new idea that mixes Bitcoin BTC with US government bonds .
Washington wants Bitcoin on the balance sheet. Traders aren’t so sure. But while policymakers pitch million-dollar BTC dreams, the chart tells a di...
According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture. Speaking on CNBC’s “Squawk Box” segment Wednesday morning, Novogratz connected Bitcoin’s ( BTC ) recent performance with broader geopolitical and fiscal developments, including a sudden tariff policy announcement, rising interest rates, and evolving strategies in Washington. The resulting uncertainty is sparking a reevaluation of traditional security and economic systems that have been in place since the post–World War II era. While Bitcoin typically performs well during macro uncertainty, Novogratz noted the dual nature of the asset. Specifically, it functions both as a geopolitical hedge like gold and as a risk asset reliant on investor adoption. “Bitcoin broadly does well with these kinds of macro conditions,unless there’s this kind of risk-off,” he said, adding “and when there is chaos, new buyers disappear.” Despite institutional adoption progressing, retail participation has slowed. The BTC market, according to Novogratz, has seen more short-term trading than long-term accumulation recently. You might also like: Bitcoin vs. gold: Pompliano explains why BTC may soon outperform Bitcoin vs. Gold: who’s buying what, and why Bitcoin and gold are both “report cards on financial stewardship,” Novogratz said. Notably, the recent gold performance is a reflection of declining confidence in traditional fiat systems. He pointed out that foreign central banks, not retail or institutional investors, are driving recent gold demand. He also predicted the emergence of a BRICS-backed currency, possibly supported by gold, within the next 24 months. Such moves underscore a global shift away from reliance on the U.S. dollar and Western monetary systems. The U.S. is acting like an emerging market? Novogratz warned that the U.S. economy is beginning to behave more like an emerging market than a developed one. “I’m not saying we’ve gotten there yet,” he said. “It’s the early stages and that should get us all nervous. I’m sure that’s got Secretary Bessant nervous. I’m sure it’s got, you know, people around the white House who understand this nervous.” He emphasized the irony of pursuing noble goals like reducing inequality and deficits while undermining long-term stability. It is not possible to simply “wish away 30 years” of global trade systems and supply chains.” You might also like: Ray Dalio, who predicted the 2008 crisis, says the US is on the brink of something worse than a recession. Is Bitcoin reserve a solution?