Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018,
MAGACOINFINANCE Emerges as a Strategic Low-Cost Entry in a Shifting Market Even as crypto volatility shakes investor sentiment, top coins like Bitcoin (BTC) , Ethereum (ETH) , and Ripple (XRP) continue to anchor portfolios. But while these legacy tokens remain solid long-term holds, many traders now believe the real growth lies in early-stage tokens like MAGACOINFINANCE . With exclusive access through a private pre-sale, MAGACOINFINANCE is becoming known for its low entry price, limited availability, and carefully managed rollout—features that mirror the earliest phases of today’s top coins. Why MAGACOINFINANCE Is Being Viewed as the Smartest Early-Stage Altcoin MAGACOINFINANCE saw immediate demand after launch, positioning it as one of the fastest-growing altcoin entries of the year. Its combination of tight tokenomics, scarcity, and investor alignment is attracting serious attention from those who missed the early waves of BTC, ETH, and XRP. While many new projects chase temporary hype, MAGACOINFINANCE is building long-term value—organically and strategically. Analysts are beginning to recognize it as one of the most well-positioned altcoins for next-cycle growth. MAGACOINFINANCE vs. AVAX and LINK: Where the Asymmetry Lives Avalanche (AVAX) and Chainlink (LINK) both remain respected projects in their respective sectors. However, their explosive early-stage upside has already passed. These assets now move with the broader market. MAGACOINFINANCE , however, is still early. Still low-cost. And still off the radar for most retail investors—which is exactly why it’s drawing so much smart money attention now. Final Thoughts: MAGACOINFINANCE Has the Traits That Once Defined BTC, ETH, and XRP Bitcoin (BTC) rewarded patience. Ethereum (ETH) changed everything for those who got in early. XRP created a new standard for long-term altcoin holding. Now, MAGACOINFINANCE is being recognized as the token that reflects those same conditions—early access, real momentum, and serious upside. Secure your tokens now, exclusively at MAGACOINFINANCE.COM Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Turn $100 Into $10,000? Ethereum, XRP, and Bitcoin (BTC) Still Top Picks Despite Volatility
Crypto analyst Rekt Capital has revealed that the Bitcoin price recovery could be at stake if it doesn’t hold above a particular level. Failure to hold this support level could cause the leading crypto to crash and erase all gains that it has enjoyed this past week. Bitcoin Price Needs To Hold Above $93,500 To Avoid Another Crash In an X post, Rekt Capital indicated that the Bitcoin price needs to hold above $93,500 to avoid another crash. He remarked that the downside deviation is on the cusp of ending, but BTC now needs to stabilize above this support level of $93,500. The analyst added that ideally, the leading crypto needs a weekly close above this level and reclaim it as new support to resynchronize with the former Reaccumulation range. Related Reading: Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says The Bitcoin price has already rallied above $93,500 this week as the leading crypto decoupled from stocks, with investors viewing it as a safe haven amid the market uncertainty caused by Donald Trump’s tariffs. However, as Rekt Capital suggested, BTC now needs to hold above $93,500 to confirm this breakout and avoid this being another bull trap. The Bitcoin price is likely to reclaim the $100,000 mark and even reach new highs if it can hold above this crucial support level. Rekt Capital’s accompanying chart showed that BTC could rally to as high as $110,000, marking a new all-time high (ATH) for the leading crypto. Crypto analyst Ezy Bitcoin also predicted that the Bitcoin price could rally to as high as $166,700. He stated that the Wyckoff Re-accumulation phase is playing out beautifully. The analyst further remarked that the structure points toward continued strength with the spring confirmed and price jumping across the creek. Ezy Bitcoin outlined $131,500, $144,900, and $166,700 as the targets if this bullish momentum holds. BTC Needs One More Leg On The LTF To Confirm Breakout In an X post, crypto analyst CrediBULL Crypto stated that the Bitcoin price needs one more leg on the lower timeframes (LTFs) to seal the deal. If that happens, he asserted that dips are for buying until BTC reaches at least $150,000. His accompanying chart showed that the leading crypto could break above $100,000 again on this next leg up. Related Reading: Bitcoin Price Bullish Confirmation: What Needs To Happen For Next Leg Up To $130,000 However, if the Bitcoin price doesn’t record another leg to the upside and instead corrects below $89,000 first, CrediBULL stated that BTC then ends up with a 3-legged corrective structure. He added that it would mean that market participants have to wait longer for the “real” breakout. At the time of writing, the Bitcoin price is trading at around $92,600, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Trump Coin is back in the spotlight after Donald Trump announced an exclusive dinner event for the top 220 holders, but analysts are warning of a potential sell-off. The endorsement triggered a 75% flash rally, positioning TRUMP as an altcoin front-runner —yet it remains widely sidelined in the “best crypto to buy” conversation. Pseudonymous X trader SCryptoTrader flagged looming inflationary pressures, citing last week’s $400 million token unlock as a red flag. They warned that the rally “could be a trap to lure FOMO buyers before insiders dump,” suggesting the dinner event may double as a well-timed exit for early whales. $TRUMP #trump Token huge Supply just unlocked 18th April $400M+ and daily 0.04% for coming years All this is trap to dump and make millions more from fomo buyers Dinner with top 220 holders is a trap for you Those who bought high before this is a chance to exit Don't miss… pic.twitter.com/NpDNKj9NgD — SCryptoTrader (@ScryptoTrader) April 23, 2025 The project’s developers control 80% of the token’s supply, while the identities of most large holders remain unknown. TRUMP Price Analysis: Is Trump Coin About to Rug? While Trump Coin has fallen 15% since its Wednesday peak, technical indicators display characteristics of a correction rather than a sell-off. TRUMP/USDT 1-day chart, symmetrical triangle breakout. Source: Binance. The Relative Strength Index (RSI) signals buyer exhaustion, making a sharp U-turn after soaring past the overbought threshold at 70—often a precursor to short-term corrections. The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance. The rally also affirms the breakout path of a symmetrical triangle pattern forming since early February. If support at $11.25 holds, TRUMP could regain momentum and target a move toward the triangle’s projected top at $20—marking a potential 65% upside from current levels. New ICO Introduces the Latest Self-Custody Solutions After the multi-month freefall across the altcoin market, presale investing has become a popular strategy—offering a hedge against downturns and a shot at above-average returns. One project catching early attention is Best Wallet ($BEST) , bridging the gap between Web2 familiarity and Web3 functionality with its upcoming “Best Card.” The Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted through Best Wallet. The in-app “Upcoming Tokens” feature, which shows emerging crypto projects, has particularly caught investors’ attention with a reputation for providing high-gain trading alpha. With almost $11.2 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 127% APY on staking that rewards early investors. You can keep up with Best Wallet on X , Discord , and Telegram , or join the presale on the Best Wallet website . The post Trump Coin Price Prediction: Analysts Warn Investors Chasing Presidential Dinner appeared first on Cryptonews .
The cryptocurrency market faced challenges as Bitcoin’s price fluctuated amidst U.S. economic shifts and political rhetoric. Despite a recent drop in Bitcoin’s value, institutional interest remains robust, with significant inflows
U.S. President Donald Trump meanwhile continued his tough talk on China.
Coinbase announces new altcoin listings, boosting trading interest. ZORA and Mantra are key altcoins added to their roadmap. Continue Reading: Coinbase Boosts Altcoin Listings, Igniting Trading Excitement The post Coinbase Boosts Altcoin Listings, Igniting Trading Excitement appeared first on COINTURK NEWS .
Retired NBA legend Shaquille O’Neal has reached a settlement in a lawsuit that allegedly had him on the run. The class action lawsuit accused him of actively participating in FTX’s offer and sale of unregistered securities before the firm’s collapse in 2022. Before the FTX debacle , when things were still rosy, Shaquille O’Neal was featured in an advertisement where he claimed he was “all in” on the exchange, even though he would later claim that he didn’t understand crypto. We couldn't keep it secret any longer! We're partnering with…the one…the only… @SHAQ ! (a.k.a. Shaqtoshi) pic.twitter.com/V37UQ5wsXI — FTX (@FTX_Official) June 1, 2022 Shaquille O’Neal joined in promoting FTX According to court documents filed on April 23 in the Southern District of Florida, the plaintiffs, mostly investors who allege that FTX misled them about its financial stability and operations, and O’Neal, have reached a proposed settlement and will soon submit a formal request for the court’s approval. Sadly, no details have been shared concerning the terms of the settlement, as the filing requested that they remain confidential. It spells an end to a lawsuit that had O’Neal reportedly “running” from lawyers, as attorneys at the Moskowitz Law Firm said they had trouble serving papers to the NBA legend. The firm said that it made several attempts to serve O’Neal with those papers, including staking out the TNT studios in Atlanta for a week in the hopes of hand-delivering the complaint to him. O’Neal was implicated in the FTX drama after a 2023 court filing submitted to the U.S. Bankruptcy Court in Delaware by FTX’s current management revealed a list of celebrities, businesses, and sports teams that had received payments for helping with its marketing efforts. According to the documents, the former NBA star was paid close to $750,000 for his advertisement. The FTX lawsuit is not the first time that O’Neal has been involved in a crypto arrangement that led to a settlement. In 2024, he also agreed to a settlement in relation to his Astrals NFT project. According to a lawsuit from then, O’Neal actively promoted the Astral NFT project , then abandoned it in 2022, which led to some people losing huge sums of money. A Florida federal judge later ruled that the NBA legend could plausibly be considered the “seller” of the asset under securities law, and subsequently, O’Neal and all associated Astrals entities agreed to a settlement of $11 million in monetary relief. Other celebrities have been implicated in the FTX fallout as well O’Neal is the latest celebrity to reach a settlement with plaintiffs from the FTX lawsuit, but he is not the only celebrity to be caught up in legal battles following FTX’s demise. Others like him who have had to face the consequences include NFL quarterback Tom Brady, his ex-wife Gisele Bundchen, tennis star Naomi Osaka, and Shark Tank personality Kevin O’Leary. NFL quarterback Trevor Lawrence, who signed a sponsorship deal with Blockfolio, an FTX subsidiary, in 2021, and YouTubers Tom Nash and Kevin Paffrath were also implicated. Like O’Neal, they also agreed to undisclosed settlements. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Securitize and Mantle Unveil Institutional Crypto Fund 💰Coin: Mantle ( $MNT ) $0.7344
Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said. Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including Bitcoin ( BTC ), Ether ( ETH ), and Solana ( SOL ), as well as stablecoins tracking the US dollar, Securitize said in an April 24 announcement. The fund also integrates liquid staking tokens — including Mantle’s mETH, Bybit’s bbSOL, and Ethena’s USDe — in a bid to enhance returns with onchain yield, according to the announcement. The launch comes as retail and institutions alike increase exposure to cryptocurrencies, particularly Bitcoin, as a hedge amid escalating macroeconomic uncertainty . Mantle’s mETH yields 3.78%. Source: DeFILlama ‘S&P 500 of crypto’ The market capitalization-weighted index fund aspires to “become the de facto SPX or S&P 500 of crypto,” Timothy Chen, Mantle’s global head of strategy, said in a statement. The company offers institutions a way to generate yield from digital assets. One of its liquid staking products, Mantle Staked Ether (mETH), yields holders approximately 3.78% APR as of April 24, according to data from DefiLlama. The protocol has more than $680 million in total value locked (TVL). Securitize is the most popular institutional tokenization platform. Source: RWA.xyz Securitize is one of the most popular platforms for tokenizing real-world assets (RWAs) for institutions, with approximately 71% of market share as of April 24, according to data from RWA.xyz. Its largest affiliated fund — BlackRock Institutional Digital Liquidity Fund (BUILD) — has more than $2.5 billion in net assets. In March, Securitize co-founder and CEO Carlos Domingo told Cointelegraph that demand for tokenized funds is accelerating as “[i]nstitutional investors, private equity firms, and credit managers [turn] to tokenization to enhance efficiency, reduce operational friction, and improve liquidity.” Magazine: What are native rollups? Full guide to Ethereum’s latest innovation