This content is provided by a sponsor. PRESS RELEASE. The cryptocurrency market is abuzz with activity. Despite periods of volatility, recent trends in the crypto space reflect a resurgence of investor confidence. Major cryptocurrencies like Bitcoin and Ethereum have shown signs of stability, reigniting interest in the future potential of blockchain and associated technologies. However,
Sportswear giant Nike is reportedly facing a lawsuit following the closure of its non-fungible token (NFT) business. In 2021, Nike purchased RTFKT Studios, a collectibles firm known for creating viral sneaker designs, memes and other fashionable digital collectibles as it ventured into the metaverse, but the company shut down the project in December. Reuters reports that investors of Nike-themed NFTs and other crypto assets led by Australian resident Jagdeep Cheema filed a suit on Friday, claiming that they suffered significant losses as demand for their digital collectibles dropped following the announcement that RTFKT was winding down its operations. The investors say that they would not have bought the NFTs had they known that the tokens were unregistered securities. To date, the legal status of NFTs is not yet settled, and several lawsuits involve questions on whether or not these assets should be considered as securities. The suit also accuses Nike of orchestrating a “rug pull”, or the sudden abandonment of a project that leaves investors with worthless assets. The plaintiffs are seeking more than $5 million in damages for the alleged violation of consumer laws in New York, California, Florida and Oregon. Nike has not yet issued a statement regarding the lawsuit. 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 Crypto Investors Sue Nike, Accuse Apparel Giant of Rug Pull After Abrupt Closure of Metaverse Business: Report appeared first on The Daily Hodl .
Ripple, the company behind XRP, has confirmed that it has no plans to go public in 2025. Speaking in an interview with CNBC, Ripple President Monica Long stated that an initial public offering (IPO) is not currently part of the company’s roadmap. Long highlighted Ripple’s strong financial situation, noting that the company has billions of dollars in cash reserves. “We are in a position where we don’t need to raise capital or seek additional visibility,” Long said, addressing years of speculation about Ripple’s potential IPO. Long added that the company has taken steps to strengthen its financials, including a share buyback earlier this year at a valuation of $11.3 billion, down from its $15 billion valuation in 2022. Related News: Experienced Analyst Fred Krueger Predicts the Highest Price Bitcoin (BTC) Will Reach in the Current Cycle Ripple CEO Brad Garlinghouse echoed Long’s comments, reaffirming that the company is not seeking external funding and has no intention of going public anytime soon. While Garlinghouse has previously suggested that an IPO could follow the resolution of Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) in 2022, he has made it clear that an IPO remains low on Ripple’s list of priorities once the dispute is resolved in late 2023. *This is not investment advice. Continue Reading: Ripple (XRP) President Responds to Renewed Rumors
Bitcoin is performing well compared to stock markets and gaining attention. Current data indicates a positive trend for Bitcoin amidst market fluctuations. Continue Reading: Bitcoin Surges as Stocks Struggle: A New Trend Emerges The post Bitcoin Surges as Stocks Struggle: A New Trend Emerges appeared first on COINTURK NEWS .
Every market cycle reveals a handful of projects capable of delivering outsized returns. Right now, four names are lighting up investor watchlists: XRP , Solana , Bitcoin , and the surging early-stage favorite MAGACOINFINANCE.COM . If the market’s current trajectory holds, early positioning in these assets could unlock life-changing upside—and based on the momentum, that window might not stay open much longer. MAGACOINFINANCE Is Gaining Momentum Faster Than Expected True crypto momentum isn’t built overnight. It’s earned through steady wallet growth, disciplined roadmap execution, and rising organic conversation across key communities. That’s exactly what’s happening with MAGACOINFINANCE . No marketing gimmicks. No forced hype. Just solid fundamentals and growing recognition among early investors who know what real early-stage strength looks like. The next phase could see MAGACOINFINANCE shift from a “quiet” opportunity into a headline-grabbing force—just like Bitcoin, Solana, and XRP did before their explosive runs. Why Bitcoin, Solana, and XRP Remain Market Leaders Bitcoin continues to anchor the entire crypto market. With ETF momentum building and major financial players expanding their exposure, Solana is expanding its footprint across NFTs, decentralized applications, and real-world tokenization projects. XRP , after clearing regulatory hurdles, is positioning itself as a go-to solution for global financial transactions. While these assets offer stability and credibility, MAGACOINFINANCE brings the raw early-stage opportunity that few other projects can match right now. Other Key Assets on the Move: Polygon, Kaspa, and More Polygon remains a dominant force in Ethereum scaling, onboarding enterprise giants and boosting transaction efficiency across countless industries. Kaspa is gaining attention for its proof-of-work blockDAG architecture, offering faster confirmation times and improved scalability compared to traditional blockchain models. These assets are important to the overall ecosystem—but their breakout discovery phases are largely behind them. MAGACOINFINANCE , on the other hand, is right in the middle of its early-stage growth window. Final Word Markets don’t wait forever. When momentum builds, early positioning matters most. Bitcoin , Solana , and XRP will likely continue driving strength at the top—but MAGACOINFINANCE.COM offers the kind of undiscovered momentum that can turn early moves into major victories. If you’re watching for 60,000% potential, the time to act is always before the headlines, not after. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 60,000% Growth Potential: XRP, SOLANA, BITCOIN, and MAGACOINFINANCE.COM Are Being Watched
Bitcoin Tumbles Despite Sustained Demand for ETFs U.S. Bitcoin spot ETFs saw a strong $3.06 billion in net weekly inflows as of April 25, 2025 — the largest since November 2024. The capital inflow reflects growing institutional confidence in the face of market volatility. Bitcoin’s price dipped below $94,000 on Sunday, according to CoinGecko data, reflecting broader selling pressure throughout the crypto market. The aggregate assets under management of Bitcoin ETFs are now at $109.27 billion. The products account for approximately 5.8% of Bitcoin’s total market capitalization, according to analytics website SoSoValue . The bullish ETF trend suggests long-term investors continue to buy in, even as Bitcoin faces near-term price weakness. BlackRock Leads Weekly Inflows Investor sentiment for Bitcoin ETFs rebounded strongly after weeks of to-and-fro price action. Daily inflows touched as much as $379.99 million on April 25 to take the weekly tally over $3 billion. This is a complete reversal from early April when the market saw $713.30 million in net outflows. Leading the inflows was BlackRock’s iShares Bitcoin Trust (IBIT), which added $240.15 million in a single day. IBIT remains the behemoth in the Bitcoin ETF category with $56.03 billion in assets under management and $41.20 billion in net inflows since inception. Fidelity’s Wise Origin Bitcoin Fund (FBTC) was another high flier, recording $108.04 million in daily inflows and managing a total of $19.12 billion in assets. Other funds that saw large inflows included ARK 21Shares Bitcoin ETF (ARKB), which added $11.39 million, and Grayscale’s Bitcoin Trust (BTC), which attracted $19.87 million — even as Grayscale’s legacy GBTC fund continued to see outflows. Trading Volume Spikes as Investor Interest Increases Along with the strong inflows, Bitcoin ETF trading volume also jumped strongly. The total value traded was $18.76 billion for the week, more than double the $7.15 billion in the previous week. Bitcoin spot ETFs have received a cumulative $38.43 billion in net inflows since launch, a reflection of their growing footprint in the market. While Grayscale’s GBTC has seen $22.69 billion in outflows following its conversion from a trust structure, the broader ETF complex remains healthy, with a steady stream of new capital coming in. Despite Bitcoin’s price struggles, ETF demand suggests institutional investors are optimistic about the long-term outlook for the world’s largest cryptocurrency.
Bitcoin has signaled notable bullish strength by breaking above both the 100 and 200-day moving averages at $90K. However, as the price approaches the critical $100K psychological threshold, a temporary consolidation phase is expected before any further breakout. Technical Analysis By Shayan The Daily Chart Bitcoin has recently notched a strong bullish signal, staging a major market shift driven by substantial buying pressure. This rally has propelled the price above a critical resistance zone, reclaiming both the 100 and 200-day moving averages at $90K — a key indication of buyers’ dominance. Currently, BTC is approaching the psychological $100K threshold, a major resistance likely filled with significant supply. As a result, a temporary consolidation around this level is expected before any potential breakout occurs. A decisive move above $100K would likely pave the way toward retesting the all-time high (ATH). The 4-Hour Chart On the lower timeframe, Bitcoin confirmed its bullish momentum after breaking above the descending channel’s upper boundary at $84K. This breakout triggered an impulsive surge, pushing the price past the critical $90K resistance level, highlighting strong buyer commitment. Now, the asset is nearing the crucial $100K psychological resistance, which also aligns with a major previous swing high. If buyers succeed in breaching this barrier, the road to Bitcoin’s ATH could reopen. Conversely, failure to break above may lead to a short-term consolidation below $100K before the next significant move. On-chain Analysis By Shayan After Bitcoin completed its corrections and initiated recoveries in October 2023 and September 2024, Binance Futures funding rates notably turned deeply negative during the early stages of each rally. This recurring pattern highlights a persistent lack of investor confidence during sharp declines or prolonged consolidations. In contrast, during strong Bitcoin rallies, FOMO-driven traders aggressively deployed leverage to open long positions, causing funding rates to spike sharply. This often signaled overheated conditions and triggered subsequent corrective pullbacks. Currently, Bitcoin has surged more than 28% off its recent low. Following this rally, the funding rates have, with a delay, experienced a significant upward shift, signaling a renewed influx of leveraged long positioning. Considering the historical behavior during the previous two major recoveries, current sentiment dynamics, and price structure strongly suggest that Bitcoin is well-positioned to break through its previous all-time highs in the near term. The post Bitcoin Price Analysis: BTC Faces Major Resistance Ahead of ATH Challenge appeared first on CryptoPotato .
The best moves in crypto aren’t always obvious at first glance. Today, Bitcoin (BTC) , Solana (SOL) , and XRP continue gaining ground—but the biggest future wins are often reserved for those who recognize early-stage momentum. That’s why MAGACOINFINANCE is entering savvy investors’ conversations across major trading circles ahead of broader listings. Early action now could define portfolio outcomes for the next major cycle. MAGACOINFINANCE Is Earning Breakout Forecasts for 2025 Disciplined, quietly growing, and avoiding unnecessary hype, MAGACOINFINANCE is aligning perfectly with the early signals that often precede breakout assets. Based on its structured rollout, wallet activity growth, and pre-listing scarcity, MAGACOINFINANCE is being projected in an upsiode range by multiple early-stage trackers—placing it firmly among the most attractive undiscovered entries heading into 2025. Other Strong Projects: ADA, XRP, NEAR, and DOT Cardano (ADA) continues building on peer-reviewed scalability and sustainable blockchain infrastructure. XRP strengthens its global payment use case and institutional adoption. NEAR Protocol (NEAR) is advancing user-friendly blockchain applications with strong ecosystem growth. Polkadot (DOT) maintains its position as a leader in blockchain interoperability. These assets are essential to crypto’s future, but they no longer offer the rare stealth-phase upside that MAGACOINFINANCE delivers right now. Final Word The biggest transformations in crypto always happen before the world pays attention. While Bitcoin, Solana, and XRP remain strong forces, MAGACOINFINANCE is building quietly, strategically—and offering investors the kind of rare setup that only comes around once per cycle. Spotting strength before mass adoption is where true success begins. 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: Could $200 Invested in XRP, SOLANA, BITCOIN, and MAGACOINFINANCE.COM Reach $1 Million?
Alex Mashinsky, founder of Celsius Network, will be sentenced on May 8. Over 200 victims have written to U.S. District Judge John G. Koeltl for the harshest punishment possible. Most are demanding that Mashinsky spend the rest of his life in prison. Mashinsky admitted to lying to customers about the company’s financial status and using their money to increase the price of Celsius’s token, CEL. Victims say his actions caused severe economic and emotional harm. Investors Share Stories of Pain Amongst the victims, one investor, Brandon Lawrence, said he lost 1.5 Bitcoin (BTC) worth about $141,000 at today’s market price. He wrote that Mashinsky destroyed many lives, and some victims even took their own lives because of their losses. Lawrence said Mashinsky should be punished like Bernie Madoff and spend life in prison. For context, Bernie Madoff was a well-respected American financier who ran the biggest Ponzi scheme in history. Another investor, Bryan Barrett, said he trusted Celsius with his savings and feels betrayed. He asked the judge to show that people who break the law and hurt others will be held responsible. Celsius Network Collapses During Crypto Winter Celsius, a well-known crypto lending platform, was one of the first big companies to collapse during the “crypto winter” of 2022. In June 2022, Celsius froze customer withdrawals, locking away $4.7 billion in customer funds. Weeks later, the company filed for bankruptcy , and Mashinsky resigned as the company’s CEO in the same year. Other companies, such as Voyager Digital, BlockFi, FTX, and Three Arrows Capital, also collapsed around the same time. However, Mashinsky’s actions stood out because prosecutors said he falsely used customer money to boost CEL’s price. Internal messages between executives revealed the truth, as they knew the price value was fake. According to a message from Chief Revenue Officer Roni Cohen-Pavon, the company appeared to be the only active buyer. Mashinsky’s Criminal Charges Mashinsky was first charged in July 2023 with seven crimes, including wire fraud and market manipulation. He later pleaded guilty to two felony counts. Despite facing up to 30 years in prison, Mashinsky has asked the court for a lighter sentence. His lawyers said they need more time to explain his actions and requested a delay. The court agreed to move sentencing from April 8 to May 8. Mashinsky has also hired two famous attorneys, Marc Mukasey and Torrey Young. These same lawyers have represented FTX’s Sam Bankman-Fried and the Trump Organization. As May 8 approaches, the pressure builds. Many victims want the judge to show no leniency as they believe that Mashinsky deserves the maximum sentence. The post Celsius Founder Could Face Life in Prison as Victims Demand Justice appeared first on TheCoinrise.com .
The International Monetary Fund (IMF) is forecasting a downturn for the global economy, largely driven by tariff-induced uncertainties. In its new World Economic Outlook Report, the IMF says that after enduring a “prolonged and unprecedented series of shocks,” the global economy appears to have stabilized. However, the IMF says the world’s financial landscape now faces significant risks as “uncertainties have climbed to new highs” due to President Trump’s threat to impose historically high tariff rates. Trump’s tariff agenda has prompted the IMF to revise “markedly” its forecasts for global growth compared to its last update in January. “For this reason, we expect that the sharp increase on April 2 in both tariffs and uncertainty will lead to a significant slowdown in global growth in the near term. While this is our central scenario— or ‘reference forecast’ — many possible paths exist, reflecting the unpredictability surrounding future trade policy and the varied impact of tariffs across different countries through a diverse set of channels… The common denominator, however, is that tariffs are a negative supply shock for the economy imposing them, as resources are reallocated toward the production of noncompetitive goods, with a resulting loss of aggregate productivity, lower activity, and higher production costs and prices. Moreover, in the medium term, by reducing competition, tariffs increase the market power of domestic producers, decrease incentives to innovate, and create multiple opportunities for rent seeking. For trading partners, tariffs constitute mostly a negative external demand shock, driving foreign customers away from their products, even if some countries could benefit from the rerouting of trade flows.” In anticipation of potential disruptions, the IMF says it has revised down its projection for global trade growth by 1.5%, with a “slight recovery” forecasted for next year. 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 IMF Warns Negative Supply Shock Incoming, Forecasts ‘Significant Slowdown’ of Global Economy appeared first on The Daily Hodl .