XRP shows potential for a strong price rise in the current cycle. Key resistance levels indicate significant price movement ahead. Continue Reading: Forecasting XRP’s Price Surge: Key Insights Await The post Forecasting XRP’s Price Surge: Key Insights Await appeared first on COINTURK NEWS .
Jim Cramer is throwing red flags all over Wall Street. After stocks got slammed two days in a row thanks to President Trump’s new tariffs, the CNBC host said the next earnings week could give the first real signs of how bad things are. According to Jim, what happens next won’t be up to companies—it’ll be up to Trump. “The direction of the market depends on what Trump does next,” Jim said on Friday night. He pointed back to the 1987 crash, saying things could spiral again if Trump doesn’t change course. “If President Trump stays intransigent and does nothing to ameliorate the damage that I saw these last few days, I’m not going to be constructive here.” Stock heat map. Source: TradingView Then, on Saturday morning, Cramer jumped on X to say : “It’s tough to build a new, weaker, world order on the fly. Frantically trying to do it but don’t see anything yet that takes the October 87 scenario off the table yet. Those who bottom-fished are sleeping with the fishes …so far.” Markets react fast to tariff chaos The S&P 500 gave up nearly 10% in two days, ending 17.4% below its February high. That drop puts it in a rare group with Black Monday 1987, the post-Lehman crash of 2008, and the Covid panic in 2020. Before the collapse, markets were trying to find a floor. The March rally off a 10% correction looked like it might hold. Then it broke. Traders kept trying to find support levels—around 5,100 on Friday—but every bounce failed. That day alone saw a 6% fall straight into the close. For two years, the stock market priced in a recession that never came. Then it got one slapped in its face in just two days, all thanks to Trump’s broadside on trading partners. The result was one of the ugliest back-to-back crashes in history. Markets are now stuck between two bad outcomes. A short-term bounce could happen. But deeper damage is already locked in. Bespoke Investment Group described the situation plain and simple: “The stock market is rudderless.” Even Friday’s job report showed no sign of economic collapse, but no one cared. As Bespoke put it, “The only thing that matters at this point rests on the decision of one man’s Truth Social account.” Jim Paulsen from Paulsen Perspectives had a different worry. He called out the math behind the tariff rates as twisted. “The stupidity of what we’re doing becomes more obvious,” he said. “A massive tax increase on the entire global economy at this point doesn’t make much sense. And I think it doesn’t make much sense for the Fed to stubbornly not want to ease.” Fed Chair Jerome Powell made things worse. He repeated on Friday that he’s in “no hurry” to cut rates. He said inflation expectations remain high. The market took that as a clear message: The Fed won’t step in unless things get even worse. Traders ditch gold, utilities and mega-caps Friday was also about panic setting in. Some of the usual safe bets got wrecked too. Gold fell over 2%. Utilities tanked 5.5%. Even Berkshire Hathaway lost almost 7%. Big names like Visa, Eli Lilly, and JPMorgan all lagged behind the S&P 500. Meanwhile, the beaten-down Russell 2000 actually outperformed by 1.6%. That’s not good news—it just means the big players were getting dumped harder. But we’d like to also point to a few forces that could slow the bleeding. The 10-year Treasury yield dropped from 4.8% in January to 4%. The dollar is falling. Oil sank to $60 a barrel. Those things might act like a quiet stimulus in the background. Still, everything now hinges on one thing: whether Trump holds the line on tariffs or backs off. If nothing changes, recession fears will only grow. If there’s relief, the market could breathe—for a minute. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Bitcoin is currently trading at 23% less than its all-time high, after making a low of $76.6K on March 11. However, this hasn’t deterred short-term and long-term holders from accumulating the token. In this article, we’ll take a detailed look at the recent purchase data suggesting that Bitcoin is in an accumulation phase and primed for an upward push. We’ll also talk about how investing in the best altcoins could be a smart decision in the current market scenario. Both Short & Long-Term $BTC Holders Bullish Short-term $BTC holders – those who have held the token for less than 155 days – have added 15K $BTC in the first five days of April itself. Long-term holders, on the other hand, have added 400K $BTC since the beginning of February. With these fresh additions, STHs now hold around 3.7M Bitcoins, while LTHs own 13.5M. The growing accumulation from STHs is particularly interesting. Usually, short-term holders exit assets during bear runs and only accumulate if they see a positive reversal. However, that’s not the case with $BTC. Bitcoin STHs are now exhibiting traits of long-term holders, suggesting a sharp recovery might be around the corner. Bitcoin Could Reclaim $100K Soon Trump’s tariffs might have stirred something encouraging for Bitcoin investors. While there has been a bloodbath in the US stock markets, $BTC has been showing signs of decoupling. The S&P 500 index has plunged by more than 10% during this week, and gold dropped by 4.8% following the tariff announcement. However, Bitcoin, after an initial drop of 3%, bounced back to reach $82.5K levels, showing indications of its shifting correlation with other economic indicators. It’s currently trading at $82.7K . This has also reignited the talks of the “gold leads, Bitcoin follows” narrative. During the 2019 bull cycle, it was gold that first surged by 15% during mid-year, after which Bitcoin surged by a massive 344% in 2020. Bitcoin reclaiming $100K could see a baton handover from gold, with $BTC leading the charge. Michael Saylor, Executive Chairman of Strategy, said that $BTC is shielded from the ongoing tariff war. Since Bitcoin is a digital asset, it cannot be taxed at border points and escape the direct effects of tariffs. The overall crypto market seems to be pretty stable in the face of uncertain global economics, which is a good sign for investors. This, then, is a great time to position yourself in crypto. And altcoins and meme coins happen to be the most profitable segment in the space given their low cost of entry and massive potential. If you’re looking for the best cryptocurrencies to invest in at this moment, here are some digital assets we’d recommend considering. 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy Right Now Bitcoin’s potential is unquestionable, especially with Trump’s blessings. However, if you want to maximize your gains from Bitcoin’s historical growth, look at BTC Bull Token ($BTCBULL) . $BTCBULL is one of the best cryptos to buy now , seeing as it’ll give out free $BTC to its token holders – no other crypto project has a reward system this insane! Bear in mind, though, that you must hold your $BTCBULL tokens in Best Wallet to be eligible for free $BTC. Additionally, these Bitcoin giveaways are scheduled to take place whenever $BTC reaches a new milestone, such as $150K, $200K, and $250K. So, the project’s native token, $BTCBULL, is also likely to see an appreciation in price alongside Bitcoin. Our BTC Bull Token price prediction suggests it could climb as high as $0.0096 by 2026. What’s more, the team behind BTC Bull Token has also planned to periodically reduce the total token supply. This is a popular approach among the meme coins, using which they aim to boost their demand and price. The best part? Because BTC Bull Token is currently in presale, it’s available for only $0.002445 – one of the best cheap cryptos right now . The project has so far raised $4.4M. Here’s how to buy $BTCBULL . 2. Solaxy ($SOLX) – Altcoin Building First-Ever Layer 2 on Solana Cryptos like Solaxy ($SOLX) don’t come often. It’s a meme coin at its heart, which is why it’s expected to churn out over 11,500% returns by 2030 . However, unlike other meme coins that rely solely on hype, Solaxy relies on its revolutionary mission to improve Solana. Solana has been plagued with congestion because of an overflow of transactions and investors on the network. A multi-chain token, $SOLX will tap into Ethereum’s liquidity and process Solana’s transactions off-chain. This will greatly reduce the burden on Solana’s mainnet. Additionally, Solaxy will also carry out transactions in bundles instead of processing them individually. This will boost Solana’s affordability and make it even more appealing to meme coin enthusiasts. It’s also worth noting that Solaxy is the hottest presale on the market right now. It has amassed a whopping $29.2M so far, and you can buy each token for just $0.001684. For more info on the buying process, check out our guide on how to buy Solaxy . 3. FirstBroccoli ($BROCCOLI) – CZ’s Pet Dog-Inspired Meme Coin Back Among Top Gainers $BROCCOLI is a fine example of what the best meme coins are capable of. It was brought into existence immediately after Binance’s ex-CEO CZ publicly flirted with the idea of launching a meme coin based on his pet dog. $BROCCOLI has jumped over 500% since its launch approximately a month ago. What’s even more interesting is that $BROCCOLI has coughed up these returns in a market that has been dicey. This further proves that hype alone can catapult tokens to the moon. The token is up over 70% in the last seven days , and we could see fresh highs once it surges past its recent resistance of $0.014. It’s currently trading at $0.01311, which could be an excellent entry price. Bottom Line Even though experts are positive about Bitcoin’s future (both immediate and long-term), it’s important not to get carried away. That’s because market conditions, especially in crypto, can change rapidly. So, always follow sound investing tactics, which include only putting in a reasonable sum of money. As always, do your own research before investing. This article isn’t a substitute for financial advice from a professional.
The United States Securities and Exchange Commission (SEC) has said that stablecoins backed by cash or cash-equivalent reserves and redeemable for US Dollars on a one-to-one basis are not securities under Federal law. The statement is the clearest position adopted by the SEC on the regulatory treatment of crypto. However, while the stablecoin ruling dismisses security classification, it still leaves questions about yield and algorithmic tokens. SEC Clarifies Stance On Stablecoins The Securities and Exchange Commission’s (SEC) Department of Corporation Finance outlined its views on what it called “Covered Stablecoins” in a public statement. Covered stablecoins include fiat-backed digital tokens designed to maintain price stability through fully reserved dollar holdings. According to the SEC’s division, the offer and sale of stablecoins do not involve securities transactions or require registration under the Securities Act of 1933 or the Securities Exchange Act of 1934. The decision will provide legal clarity for stablecoin issuers, fintech firms, and crypto payment providers operating in regulatory uncertainty. “Persons involved in the process of minting (or creating) and redeeming Covered Stablecoins do not need to register those transactions with the Commissioner under the Securities Act or fall within one of the Securities Act’s exemptions from registration.” Stablecoins Designed For Payments The SEC stated that stablecoins are designed and marketed solely as a mode of payment, money transmission, and value storage. They also do not give holders interest, profits, governance rights, or ownership claims typically described as digital dollars rather than investment products. According to the SEC, stablecoins have not been promoted as profit-generating instruments, a key distinction under federal securities law. The regulator’s conclusion was based on two legal landmarks: The Reves v. Ernst & Young test and The Howey test. Under the Reves standards, the SEC’s division found that Covered Stablecoins more closely resemble instruments used for routine transactions rather than speculative notes or debt securities. The regulator also highlighted the buyer’s non-investment motivation and the lack of trading for profit as key reasons why stablecoins fall outside the definition of a security. The SEC also applied the Howey test to stablecoins. The Howey test examines whether an arrangement involves investing money in a common enterprise with the expectation of profit from others’ efforts. The regulator concluded that Covered Stablecoin holders are not investing for returns. The SEC also stated that Covered Stablecoins must be redeemable for USD at a fixed price at any time and in unlimited quantities. It mandated issuers to maintain a fully backed reserve consisting of cash or liquid, low-risk assets like US Treasury bills. These reserves could not be used for the stablecoin issuer’s business operations and must be safeguarded from third-party claims. It also directed issuers to publish Proof-of-Reserve attestations to verify solvency and transparency. Uncertainty About Yield The SEC also stated that holders of Covered Stablecoins do not receive any form of yield or share in earnings generated from reserve assets. Stablecoin issuers could earn interest on the assets held in reserve. However, these earnings are retained by the issuer and not distributed to token holders. According to the regulator, the absence of yield or financial benefit removes a key element of the Howey test, the expectation of a profit from the efforts of others. The clarification allows the SEC to draw a line between fiat-backed tokens and tokens marketed with return-generating features. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Crypto analyst Doctor Profit, who called the Ethereum price dump, is now providing a bullish outlook for ETH. Based on his analysis, now might be a great time to buy Ethereum, which has so far underperformed other top cryptocurrencies. Analyst Says ETH Is Now Undervalued Following Ethereum Price Dump In an X post, Doctor Profit stated that ETH is undervalued now following the Ethereum price dump. He noted that the leading altcoin is sitting at a historical support at $1,800, the same support he had predicted that ETH would dump to. With this massive correction and fear in the market driving Ethereum to this support level, the analyst claimed that the altcoin is undervalued now. Related Reading: Ethereum Price Forms Megaphone Bottom Not Seen Since 2020, Here’s What Happened Last Time His analysis suggests that now might be a great time to accumulate ETH as the Ethereum price could rebound from this historical support. Indeed, some investors are already using this massive correction as an opportunity to stack up more coins. IntoTheBlock data shows that Ethereum’s ‘Concentration’ metric is currently bullish, indicating that ETH whales are adding to their positions. Besides Doctor Profit, crypto analyst Astronomer also believes that ETH is currently undervalued and predicts that the Ethereum price could revisit $4,000. He highlighted several technical signals that indicate that the leading altcoin could reach these highs. The analyst also alluded to the $1,800 support, noting that this range has historically been a launch pad for price recoveries. However, crypto analyst Kledji has predicted that the Ethereum price could still drop to as low as $1,400 before rebounding. He stated that ETH will likely consolidate around this range for a while before it rallies to this $1,400 target later this month. His analysis suggested that the altcoin’s downtrend depended on Bitcoin’s performance. Therefore, if BTC recovers from this range, ETH will unlikely drop to that $1,400 level. ETH’s Dominance Is On The Decline, But History Could Repeat Itself In an X post, crypto analyst Rekt Capital revealed that ETH’s dominance has dropped from 20% to 8% since June 2023 as a result of the Ethereum price dump. He then noted that Ethereum’s dominance has historically reversed this 8% zone to become more market-dominant. The analyst then raised the possibility of history repeating itself, with ETH recovering well and enjoying a higher market dominance. Crypto analyst Crypto Patel is also confident that the Ethereum price will rebound soon. His accompanying chart showed that ETH could bounce from this $1,800 support and enter phase 3 of the Wyckoff chart, sending its price to as high as $6,800, a new all-time high (ATH). Related Reading: Ethereum Price: Analyst Predicts ‘Most Hated Rally In Crypto’ At the time of writing, the Ethereum price is trading at around $1,800, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
On-chain data shows the Bitcoin Difficulty is headed for a 5% increase on Saturday, which would make BTC mining the toughest it’s ever been. Bitcoin Difficulty Set To Rise In Response To Hashrate Recovery The “ Difficulty ” refers to a metric that keeps track of how hard the miners would find it to perform their task of mining on the Bitcoin blockchain. This indicator’s value changes about every two weeks in events known as network adjustments. These adjustments are entirely automatic, being guided by the code that Satoshi wrote into the cryptocurrency all those years ago. The pseudonymous creator added this feature to BTC with one aim: to ensure that the pace at which miners complete their task remains nearly constant. As is common knowledge, validators on the Bitcoin network leverage computing power to ‘mine’ blocks. In theory, the more power that they add, the faster they should become at their task. The BTC network doesn’t want this, however, so it raises its Difficulty whenever the miners increase their total computing power, also known as the Hashrate . The increase is always just enough to bring the miners’ speed back to a rate of 10 mins per block. The network can also reduce its Difficulty if the validators aren’t performing their duty fast enough. The decrease is, once again, of a degree that would ease things about enough for them to mine a block every 10 mins. The next Difficulty adjustment for Bitcoin happens to be scheduled for tomorrow. Below is data from CoinWarz that shows how the metric would change in this event. It would appear that the Bitcoin Difficulty is estimated to go up by around 5.63% in this adjustment, due to miners pumping out blocks at a fast average rate of 9.47 minutes per block. This increase would put the Difficulty at a value of 120.17 trillion hashes, which is higher than the 114.16 trillion hashes all-time high (ATH) set back in February. The fast pace of the Bitcoin miners during the past couple of weeks is, as usual, a result of an increase in their Hashrate. As the below chart for the 7-day average value of the metric displays, miners’ power set a fresh record at the end of last month, before seeing a minor pullback to around previous ATH levels. Miners make the major part of their income through the block subsidy , a fixed BTC reward that they receive with every block that they mine. But as the Difficulty ensures that the miners continue to mine at the same rate that they always have been, an increase in Hashrate doesn’t make their total revenue go up. In fact, as fresh computing power joins the network, the share of the pie that everyone gets becomes smaller. Thus, with the upcoming sharp Difficulty increase, things could be about to get hard for the miners. It’s possible that a Hashrate decline would follow this adjustment, as some miners might be forced to disconnect from the network. A scenario where the increase can be sustainable, however, is when the Bitcoin price goes up in the coming days, thus boosting the miner revenue in USD terms. It only remains to be seen, though, how the cryptocurrency would develop. BTC Price At the time of writing, Bitcoin is trading around $83,300, down 1% in the last week.
As 2025 kicks into high gear, smart investors are stacking portfolios with top contenders for exponential growth. At the front of that list? MAGACOINFINANCE, XRP, and Cardano (ADA). Backed by increasing market energy and strategic development, these assets are showing the kind of early signals that long-term investors seek. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW Early Entry Window Closing Fast on MAGACOINFINANCE Unprecedented Growth Potential MAGACOINFINANCE has already pulled in over $4.8 million, solidifying its place as the pre-sale of the year. With a hard cap of 100 billion tokens and investor attention surging, MAGACOINFINANCE is proving it’s more than just hype—it’s quickly becoming a cornerstone in early-stage portfolio strategies. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CODE MAGA50X Get More for Less—50% Bonus Makes This Entry Point Irresistible At its current price of $0.0002704, and a confirmed listing at $0.007, MAGACOINFINANCE delivers a projected ROI of 2,488% (or 25.88x).By using MAGA50X, your effective cost drops to $0.0001802, pushing the ROI to 3,784%, or 37.84x.That turns a modest $250 investment into $9,710—a massive advantage for early buyers. ADA, ETH, LINK, SUI: Heavyweights Still Building Cardano (ADA) – At $0.61, leading with a research-first development approach.Ethereum (ETH) – Around $3,460, holding dominance across smart contracts.Chainlink (LINK) – Trading at $13.84, bridging data into smart contract ecosystems.Sui (SUI) – At $1.52, expanding across Web3 with new infrastructure tools. CLICK HERE TO JOIN THE NEXT BIG BILLION DOLLAR PROJECT ConclusionAs the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Top 5 Crypto Picks for 2025: MAGACOINFINANCE, XRP, and ADA
Intriguing scenario seen for Cardano
PayPal has added chainlink (LINK) and solana (SOL) to its growing list of supported cryptocurrencies, giving users of both PayPal and Venmo the ability to buy, hold, sell and transfer the tokens directly from their accounts. The move reflects the payments giant’s continued push into the cryptocurrency space after first launching crypto support in 2020. The new tokens will roll out to U.S. users over the next few weeks. “Offering more tokens on PayPal and Venmo provides users with greater flexibility, choice, and access to digital currencies,” said May Zabaneh, PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies, in a press release . The company, which has also launched its own U.S. dollar-backed stablecoin, has last year moved to allow its business clients access crypto directly form their accounts in the U.S.
The U.S. Securities and Exchange Commission (SEC) announced new guidelines on April 4, stating that certain fiat-backed stablecoins will be classified as “non-securities,” thereby exempting them from transaction reporting requirements. The updated classification marks a pivotal moment in the regulatory landscape for digital assets, offering much-needed clarity for stablecoin issuers and market participants. According to the SEC notice , stablecoins that qualify as “covered stablecoins” must meet strict criteria: they must be fully backed by physical U.S. dollars or low-risk, short-term liquid instruments, and must be redeemable at a 1:1 ratio with the U.S. dollar. New SEC Rules Exclude Algorithmic and Synthetic Stablecoins from ‘Non-Security’ Status The new framework explicitly excludes algorithmic stablecoins and synthetic dollar tokens that rely on software mechanisms or trading strategies to maintain their peg. The guidelines also prohibit covered stablecoin issuers from commingling reserves with operational funds, offering yield or profit-sharing to token holders, or using reserves for market speculation. These conditions align closely with provisions laid out in recent legislative proposals, including the GENIUS Stablecoin Bill introduced by Senator Bill Hagerty and the Stable Act of 2025 from Representative French Hill. These laws aim to solidify the U.S. dollar’s status as the world’s dominant reserve currency by encouraging the issuance of fully-backed, transparent stablecoins. Stablecoin issuers like Tether—currently the world’s largest—have become significant holders of U.S. Treasury bills, with Tether alone now ranking as the seventh-largest holder globally, surpassing nations like Germany and Canada. U.S. Treasury Secretary Scott Bessent underscored the importance of stablecoin regulation during the White House Digital Asset Summit on March 7, describing it as central to the administration’s strategy for maintaining dollar dominance in the digital age. SEC Commissioner Crenshaw Pushes Back Against New Stablecoin Guidelines However, not all reactions have been positive. SEC Commissioner Caroline Crenshaw, known for her critical stance on cryptocurrencies, publicly criticized the new guidelines. In an April 4 statement , she accused the SEC of misrepresenting the risks of USD-backed stablecoins and claimed the report contained “legal and factual errors.” Crenshaw highlighted that most stablecoins are only accessible to retail buyers via intermediaries, not directly from issuers—a point she argued the SEC downplayed. The SEC has determined that fully-reserved, liquid, dollar-backed stablecoins are not securities. Therefore blockchain transactions to mint or redeem them do not need to be registered under the Securities Act. Helpful clarity from @SECGov . pic.twitter.com/oUsq0snLaF — David Sacks (@davidsacks47) April 4, 2025 She said over 90% of USD-stablecoins are distributed on secondary markets through crypto trading platforms. Despite her concerns, the broader crypto industry has welcomed the guidance. Token Metrics founder Ian Balina described it as a positive development, calling it “a clear step in focusing on what really matters in the crypto space.” Last month, Federal Reserve Chair Jerome Powell affirmed the central bank’s support for developing a regulatory framework around stablecoins during a Senate hearing. Powell stated that the Federal Reserve supports the creation of a regulatory framework for stablecoins , noting the importance of protecting consumers and savers. The post SEC Says Certain Stablecoins Qualify as ‘Non-Securities’ Under New Guidelines appeared first on Cryptonews .