On April 10, COINOTAG reported insights derived from Coinglass data regarding **Bitcoin’s** liquidations in the current market landscape. Should **Bitcoin** manage to surge above the **$84,000** threshold, analysts predict that
Remember the old days when calling or sending a message via text outside the country cost money? With the help of modern messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do just that: democratize the payments industry by eliminating historical gatekeepers, says venture firm Andreessen Horowitz (a16z). "Just as WhatsApp disrupted costly international phone calls, blockchain payments and stablecoins are transforming global money transfers," the firm said in a blog post on Wednesday . The current global payment infrastructure is a complex web involving points of sale, payment processors, acquiring banks, issuing banks, correspondent banks, foreign exchanges, and card networks. Read more: What Is a Stablecoin? To make matters more difficult, each of these intermediaries charges fees and introduces delays, making international transactions cumbersome. For instance, a16z says remittance fees can reach up to 10% — just like cross-border calls or text used to be restrictive before instant messaging apps came into play. Enter blockchain and stablecoins — cryptocurrencies pegged to assets like the U.S. dollar. "Stablecoins offer a clean-slate alternative. Instead of stitching together clunky, costly, and outdated systems, stablecoins flow seamlessly on top of global blockchains," the blog post said. "Already, stablecoins are slashing the cost of remittances: Sending $200 from the U.S. to Columbia using traditional methods will cost you $12.13; with stablecoins, it costs $0.01." And, it's not just remittances where stablecoins are eliminating inefficiencies; this could help boost B2B payments on a massive scale, too. A16z uses business transactions from Mexico to Vietnam as an example, which take three to seven days to process and cost anywhere between $14-to-$150 per $1000 transacted. These pass through as many as five intermediaries along the way, each of which takes a cut. The adoption of stablecoin could make such transactions nearly free and instant, it says. Some corporations have taken notice, and Elon Musk's SpaceX is already using stablecoins to manage their corporate treasuries to shield itself from FX volatility. So, it shouldn't surprise anyone to see that the total market cap of stablecoins has passed $200 billion or that the annualized transaction value of stablecoins in 2024 hit $15.6 trillion — roughly 119% and 200% that of Visa and Mastercard , respectively. However, the rise of stablecoins isn't without challenges. Regulatory bodies have scrutinized their use, making it "incredibly difficult" to bridge traditional finance to stablecoins, said a16z. The landscape is now finally evolving, as policymakers are now actively shaping rules to recognize and regulate stablecoins in the U.S. "A forthcoming bill clarifying this regulation could pave the way for even broader adoption and integration into the global financial system," the blog said. With the rapidly changing landscape for finance and crypto becoming more mainstream, stablecoins could become the transformative force that revolutionizes the future of money. "Just as WhatsApp disrupted costly international phone calls, blockchain payments and stablecoins are transforming global money transfers," added a16z. Read more: U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts
Standard Chartered’s recent analysis suggests a significant bullish outlook for XRP, possibly reaching over $10 by 2027. This prediction stems from the bank’s assessment of Ripple’s advancements in cross-border payment
The cryptocurrency market has a storied history of delivering extraordinary returns, with early adopters of assets like Bitcoin (BTC) and XRP witnessing gains exceeding 10,000% . As the market evolves, investors are keenly searching for the next opportunity that could mirror such monumental growth. MAGACOINFINANCE has recently emerged as a contender, prompting the question: Can a $1,000 investment in MAGACOINFINANCE achieve similar legendary returns? PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE : Assessing the Potential for Exponential Growth MAGACOINFINANCE has garnered significant attention within the crypto community, marked by impressive milestones that suggest robust growth potential. Unprecedented Growth Indicators The current pre-sale price of MAGACOINFINANCE tokens is $0.0002804 , with a confirmed listing price of $0.007 . This structure offers early investors an inherent return of over 2,400% upon listing. Moreover, projections indicate that the token’s value could escalate to $0.028 within the first year post-listing, translating to a potential 10,000% return for initial backers. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Calculating Potential Returns on a $1,000 Investment Investors have a limited-time opportunity to maximize their holdings through the MAGA50X bonus: Pre-sale Price : $0.0002804 per token Listing Price : $0.007 per token Applying the MAGA50X bonus effectively reduces the purchase price, enhancing the potential Return on Investment (ROI) CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Comparative Analysis: SOL, ADA, XLM, and HBAR Other cryptocurrencies also present investment opportunities: Solana (SOL) : Trading at $106.23 , with an intraday high of $111.85 and a low of $101.19. Cardano (ADA) : Priced at $0.567234 , experiencing an intraday high of $0.616003 and a low of $0.54003. Stellar (XLM) : Valued at $0.21947 , reaching an intraday high of $0.239212 and a low of $0.214447. Hedera (HBAR) : Trading at $0.150659 , with an intraday high of $0.165615 and a low of $0.142727. While these assets have shown resilience and may offer growth potential, they currently lack the early-stage momentum observed in MAGACOINFINANCE. Conclusion MAGACOINFINANCE’s impressive pre-sale achievements and strategic tokenomics position it as a viable candidate for significant appreciation. While achieving a 10,000% return is ambitious and subject to market conditions, the project’s current trajectory suggests that early investors could realize substantial gains. As always, thorough research and consideration of market dynamics are essential when making investment decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Could a $1,000 Investment in MAGACOINFINANCE Match XRP and Bitcoin’s Legendary 10,000% Returns?
XRP and Cardano have fallen further in the first few days of April, worsening its already falling investor sentiment. Many ADA holders are now turning to RCO Finance, a new AI driven project that has acquired over 10,000 new user signups. RCO Finance is gaining attention for providing AI-based trading tools and strategies. Keep reading to see why experts say RCO Finance is one of the best cryptos to buy in 2025. XRP and Cardano Get Off to a Bad Start in April XRP and Cardano holders are gearing up for sustained losses following their continued drop over the past few days. Like other altcoins, Cardano was already bearish since the end of February. Expectations for a recovery have gradually reduced as the altcoin maintained its downward momentum. Market charts show that XRP now trades at $1.75, following a 14.99% fall over the past week. Likewise, Cardano, trading at $0.5210, fell by 19.26% in thesame time. XRP and Cardano’s April decline followed growing tensions over the ongoing trade war and how long it will last. With XRP and Cardano struggling amid broader market uncertainty, investors are increasingly looking for platforms that offer greater stability and innovative solutions, such as RCO Finance. As XRP and Cardano continue to struggle, many investors are seeking alternatives with more robust growth potential. This is where RCO Finance comes in: a cutting-edge altcoin ecosystem harnessing artificial intelligence to optimize trading strategies, adapt to market changes, and maximize profits for investors looking for smarter alternatives. RCO Finance: Your Automated Wealth-Building Partner RCO Finance is a new platform that harnesses AI to completely automate your investing while providing advanced tools and strategies that optimize profits with minimal effort. From analyzing real-time data to executing strategic trades, this platform handles the heavy lifting of investing—so you can focus on living life. The best part about RCO Finance is that all its trading tools and services are geared to work for investors of all experience levels. RCO Finance starts by providing multi-market access with a powerful leverage. The platform allows you to tap into over 120,000 assets across over 12,500 categories. The options available in RCO Finance’s ecosystem include stocks, ETFs, bonds, and commodities. Traders can also access digital currencies and tokenized real estate assets—all within one streamlined platform. This empowers you to hedge against market volatility with diversification. You can also boost your potential profits with a 1000x leverage while maintaining safe exposure levels through dynamic AI risk protocols. While multi-market access is a key feature, RCO Finance also elevates your trading experience by providing Robo Advisor, a state-of-the-art trading bot designed to help optimize your portfolio. Robo Advisor not only identifies trading opportunities but also automatically adjusts your portfolio during market shifts, ensuring optimal performance. Relying on news from reliable outlets like Bloomberg and Reuters, RCO Finance stays ahead of current market happenings. This allows the trading bot to spot investing opportunities in your desired markets. You can rely on institutional-grade trading strategies from this trading bot to further boost your profit potential. Robo Advisor also features automatic portfolio rebalancing, which helps to keep your investments optimized around the clock. This is useful during times of sudden market changes like the ongoing market crash caused by Donald Trump’s tariffs. In times like this, Robo Advisor monitors market shifts and rebalances portfolios automatically, reducing exposure to bearish cryptocurrencies in favor of stable options like government bonds. This adaptive strategy ensures that your portfolio is optimized in the face of sudden market changes. While Robo Advisor handles the complexity of trading, RCO Finance also offers additional ways to boost your returns with its yield-earning mechanisms. Firstly, RCO Finance provides a staking mechanism where traders can lock up tokens and contribute to the liquidity of its ecosystem. In exchange, they will receive up to 86% APY on their staked tokens. Additionally, keeping RCOF tokens in their wallets is a gateway to trading fee discounts. Finally, RCO Finance provides cashback and loyalty programs designed to reward active community members. Beyond the profitability of RCO Finance’s yield-earning mechanisms, investors will also enjoy institutional-grade security. RCO Finance leverages high-end smart contracts that have been audited by SolidProof to ensure transaction security. Furthermore, with its zero KYC policy, investors can enjoy a private and safe investing experience. RCO Finance’s Beta Launch Generates Market Buzz As part of its commitment to leading the AI investing revolution, RCO Finance has recently launched its Beta platform. This allows early investors to experience Robo Advisor and other advanced trading features before they become publicly available. Best Cryptos to Buy: XRP Vs RCO Finance Many investors agree that RCO Finance’s AI trading capabilities give it more market appeal than established projects like XRP and Cardano. Over 10,000 investors are now part of the RCO Finance ecosystem, buying over $12 million worth of tokens by round 5 of its ongoing presale. Moreover, RCOF trades at $0.100. By round 6, Its value will grow to $0.130. RCOF will also get listed after entering the $0.4-$0.6 price target. There are also predictions that RCOF is gearing up for an 11,000% increase. This could see a $1,000 investment today grow to over $110,000 by Q1 2026. Why manage investments manually when AI can do it better, faster, and smarter? Sign up today and let Robo Advisor grow your wealth on autopilot. For more information about the RCO Finance (RCOF) Presale: Visit RCO Finance Presale Join The RCO Finance Community The post RCO Finance’s Surge Leaves XRP and Cardano Traders Scrambling for Reentry appeared first on TheCoinrise.com .
Hold onto your hats, crypto enthusiasts! The digital asset world is buzzing with a dramatic legal showdown. First Digital Trust (FDT), a prominent Hong Kong-based crypto custodian and the issuer of the FDUSD stablecoin, has officially launched a defamation lawsuit against none other than Justin Sun, the founder of TRON. This isn’t just another day in crypto – this is a high-stakes battle with potentially significant repercussions for the industry. Let’s dive into what’s unfolding and what it all means. Why is First Digital Trust Launching a Defamation Lawsuit Against Justin Sun? The root of this legal storm lies in recent statements made by Justin Sun. He publicly cast doubts on the financial stability of First Digital Trust, suggesting the company was insolvent. These allegations, made across social media platforms like X (formerly Twitter), sent ripples through the crypto market, particularly impacting FDUSD. For FDT, these claims weren’t just noise; they were a direct attack on their reputation and business. Defamation, in legal terms, is the act of damaging someone’s reputation through false statements, and that’s precisely what FDT alleges Sun has done. Here’s a breakdown of the key events leading to the defamation lawsuit : Justin Sun’s Allegations: Sun publicly raised concerns about First Digital Trust’s solvency. FDUSD De-pegging: Following Sun’s statements, FDUSD, the stablecoin issued by FDT, experienced a temporary de-pegging from its intended 1:1 USD value, indicating market concern. FDT’s Response: First Digital Trust vehemently denied the insolvency claims and initiated legal action. Summons Filed: FDT officially filed a summons with the Hong Kong High Court, marking the first formal step in the defamation lawsuit . Seeking Injunction: Beyond monetary damages, FDT is seeking an injunction to prevent Justin Sun from making further statements that they deem defamatory. What Does Justin Sun Say About the Lawsuit? Justin Sun , known for his active social media presence and often controversial statements, has responded to the lawsuit with characteristic nonchalance. He stated via X (Twitter) that he “welcomes any legal process.” This seemingly unfazed reaction suggests Sun is prepared to fight the allegations and potentially use the legal proceedings to further his narrative. However, the implications of a formal defamation lawsuit are serious, and Sun’s public bravado might not fully reflect the legal challenges ahead. The Impact on FDUSD and the Crypto Market The immediate aftermath of Justin Sun’s solvency concerns was the de-pegging of FDUSD. Stablecoins are designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. A de-pegging event erodes trust in the stablecoin and can trigger wider market instability. While FDUSD has since recovered its peg, the incident highlights the vulnerability of stablecoins to reputational attacks and the significant market influence figures like Justin Sun wield. Let’s consider the potential ripple effects: Impact Area Description FDUSD Stability The lawsuit and its outcome will directly impact the perceived stability and trustworthiness of FDUSD. A win for FDT could reinforce confidence; a loss or prolonged battle could create lasting uncertainty. Investor Confidence in First Digital Trust The lawsuit is essentially a fight for FDT’s reputation. Positive resolution can solidify their standing as a reliable crypto custodian ; negative outcomes could damage their credibility. Broader Crypto Market Sentiment High-profile legal battles within the crypto space can contribute to market volatility and uncertainty. This lawsuit adds to the ongoing narrative of regulatory scrutiny and potential instability within the industry. Stablecoin Regulation Debate Events like FDUSD’s de-pegging, triggered by public statements, could fuel further discussions and regulatory focus on stablecoin issuers and the need for stricter oversight. What are the Potential Outcomes of the Defamation Lawsuit? Predicting the outcome of a legal battle is always complex, but we can consider a few potential scenarios for this defamation lawsuit : FDT Wins: The court could rule in favor of First Digital Trust, ordering Justin Sun to cease making defamatory statements and potentially awarding damages to FDT. This would be a significant victory for FDT, reinforcing their reputation and potentially setting a precedent against spreading misinformation in the crypto space. Justin Sun Wins: If Sun successfully defends against the defamation lawsuit , it could embolden him and others to be more outspoken about their criticisms of crypto entities. This scenario might raise concerns about the limits of free speech versus the protection of business reputations in the crypto industry. Settlement: Often, legal battles are resolved through settlements. FDT and Justin Sun could reach an agreement outside of court, which might involve Sun retracting his statements, issuing a public apology, or other terms. A settlement could offer a quicker resolution but might leave some questions unanswered. Prolonged Legal Battle: These types of lawsuits can drag on for months or even years. A protracted legal fight would keep the uncertainty hanging over FDT and FDUSD, and continue to generate headlines, potentially impacting market sentiment. Actionable Insights: What Should Crypto Users and Investors Watch For? This defamation lawsuit is more than just a spat between two crypto figures. It offers valuable lessons and points to watch for: Monitor Court Proceedings: Keep an eye on updates regarding the lawsuit in the Hong Kong High Court. The court hearings and any rulings will provide crucial insights into the legal arguments and the direction of the case. FDUSD Performance: Track FDUSD’s performance closely. While it has re-pegged, continued scrutiny and market sentiment will influence its stability. Be aware of potential volatility and manage your holdings accordingly. Social Media Influence: This case underscores the immense power of social media and influential figures in the crypto world. Be critical of information spread online, especially when it comes to financial claims. Always do your own research (DYOR). Stablecoin Risks: Remember that even stablecoins are not entirely risk-free. Reputational risks, regulatory changes, and market events can all impact their stability. Diversification and understanding the underlying mechanisms of stablecoins are crucial. Conclusion: A Crypto Showdown with Far-Reaching Implications The defamation lawsuit between First Digital Trust and Justin Sun is a landmark event in the crypto industry. It highlights the growing tensions, the high stakes involved in reputation management, and the potential legal ramifications of public statements in this rapidly evolving space. Whether you’re an investor, a crypto enthusiast, or simply an observer, this legal battle is worth watching. It’s a powerful reminder that even in the decentralized world of crypto, traditional legal principles and reputational integrity still hold significant sway. The outcome will not only shape the future of FDT and FDUSD but could also set important precedents for how disputes are handled and how information is disseminated within the crypto ecosystem. Stay tuned – this crypto saga is just getting started. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
On-chain data shows a large portion of the XRP Realized Cap is in the hands of investors who got in during the last six months. Here’s what this could mean for the asset. XRP Investors Younger Than Six Months Have Significantly Increased Realized Cap Share In a new post on X, the on-chain analytics firm Glassnode has discussed how the Realized Cap of XRP has changed recently. The “Realized Cap” here refers to an indicator that, in short, keeps track of the total amount of capital that the holders of the asset as a whole have invested into it. Changes in this metric, therefore, correspond to inflows and outflows that the cryptocurrency is observing. Below is the chart shared by the analytics firm that shows the trend in the Realized Cap for XRP over the last few years. As displayed in the above graph, the XRP Realized Cap has shot up during the past few months, implying that a large amount of capital has flown into the cryptocurrency. More specifically, the asset has seen the metric double from around $30.1 billion to $64.2 billion. In the same chart, Glassnode has also attached the data of the indicator for the young investor age groups. It would appear that the capital held by cohorts like 1-month to 3 months and 3 months to 6 months has spiked recently, which makes sense considering the growth in the aggregated Realized Cap has come during these windows. According to the analytics firm, this short-term capital spike is a sign of retail-led momentum. The momentum appears to have cooled off, however, as the metric has no longer been growing as sharply recently. A consequence of all the fresh capital inflows is that XRP has seen a shakeup in investor dominance. As another chart shared by Glassnode shows, the new investors, comprising all the age bands under 6 months, have witnessed their Realized Cap share blow up. Prior to the new inflows, this cohort controlled just 23% of the cryptocurrency’s Realized Cap, but today that value has grown to 62.8%. This means that 62.8% of the entire capital invested into the coin has come at price levels of the last six months. Given that XRP is currently trading under the prices that it has been at for most of this window, a lot of these holders would be underwater. “This rapid concentration in new holders reflects strong retail involvement – but also raises the risk of fragility, as many hold elevated cost bases,” notes the analytics firm. From the chart, it’s apparent that these are the same conditions that led to a top during the last two bull markets. With inflows slowing down as the price declines, it’s possible that the same pattern may once again be forming for XRP. XRP Price With a plunge of more than 8% in the last 24 hours, XRP has retraced its latest recovery as its price has returned to $1.78. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Here's why Standard Chartered believes that XRP could cross $10 in the next two years.
The post Just In: Senate Confirms Paul Atkins as SEC Chair, New Era for Crypto? appeared first on Coinpedia Fintech News In a 52-44 vote, the U.S. Senate has confirmed Paul Atkins as the next Chair of the Securities and Exchange Commission (SEC). The confirmation now heads to the White House, where President Donald Trump is expected to formally sign off on the appointment. Once that process is complete, Atkins will be officially sworn in. According Fox Business’ Eleanor Terrett, the timing for these next steps remains unclear. Who Is Paul Atkins? Paul Atkins is a seasoned financial regulator and former SEC commissioner who served under President George W. Bush. Known for his market-oriented approach, Atkins is respected across party lines and has also held senior roles under Democratic leadership, including under former SEC Chair Arthur Levitt. His nomination hints at a significant shift in regulatory direction under the Trump administration. JUST IN: In a 52-44 vote, the Senate has confirmed Paul Atkins to be the next chair of the Securities and Exchange Commission. https://t.co/jNY1C66FE4 — Eleanor Terrett (@EleanorTerrett) April 9, 2025 Atkins will replace outgoing Chair Gary Gensler, whose tenure was marked by a high-profile and often controversial crackdown on the crypto industry. Gensler faced both praise and criticism for an aggressive enforcement-first approach, especially in applying securities laws to digital assets. A Turning Point for Crypto Policy? Under the Biden administration, critics argued that the SEC’s enforcement-heavy stance stifled innovation and failed to offer a clear regulatory path forward. With Atkins at the helm, expectations are high that the SEC may pivot toward a more constructive, guidance-driven regulatory environment. While details about Atkins’ policy plans remain to be seen, early signals suggest a shift toward fostering innovation while still enforcing accountability. Many in the industry are hopeful that the incoming SEC leadership will work toward creating a consistent, federally backed framework that balances growth and oversight.
On April 10th, COINOTAG reported that NFT marketplace OpenSea has engaged with the U.S. Securities and Exchange Commission (SEC) to clarify its regulatory standing. The inquiry, made on April 9th,