The Hashgraph Group, a Switzerland-based venture capital and technology firm supporting the Hedera blockchain network, has announced a strategic investment in agritech company AgNext Technologies. According to details in a press release on April 7, the collaboration will see the Hedera ( HBAR ) blockchain network support AgNext’s growing artificial intelligence-driven agricultural solutions. The investment sees The Hashgraph Group join AgNext’s recent fundraising initiative led by Denmark-based Novo Holdings, but more than that, is a key integration milestone for the Hedera blockchain ecosystem. In particular, AgNext is looking to leverage Hedera’s distributed ledger technology to digitize trust in the supply chain ecosystem, including around insurance and traceability across the food supply chains. “With this strategic co-investment alongside Novo Holdings, we look forward to embarking on the tech-enablement journey with AgNext to drive the convergence of AI and Blockchain/DLT, while jointly bringing to market Hedera-powered AgriTech solutions that will enhance AgNext’s competitive edge in the web3 era,” said Stefan Deiss, co-founder & chief executive officer of The Hashgraph Group. You might also like: MANTRA launches $108M fund for real-world asset innovation AgNext will also tap into Hedera’s blockchain technology and smart contracts for immutability, and efficiency. THG and AgNext’s goals also align around an initiative for Hedera-powered embedded devices, with these set to be available to customers globally via a new web3 venture. The partners will establish this venture in Switzerland. AgNext raised $21 million in a Series A funding in 2021, with Alpha Wave Incubation leading the capital injection initiative. The company has operations in India, the Middle East and the United States, with its first international office having opened in Abu Dhabi, the United Arab Emirates. Meanwhile, Hedera is seeing notable traction in the tokenization of real-world assets. This includes via integrations such as with Chainlink and Alchemy Pay – the latter for onboarding via fiat-crypto on and off ramping. You might also like: Alchemy Pay enables fiat on-ramp for HBAR and USDC on Hedera
Pakistan has appointed Changpeng Zhao, the co-founder and former CEO of Binance, as a strategic advisor to the Pakistan Crypto Council (PCC). This move is aimed at enhancing the country's digital finance and blockchain technology sectors, with a focus on Web3. The appointment was announced by the finance ministry following Zhao's meetings with key members of the PCC, including Federal Minister for Finance Muhammad Aurangzeb and CEO Bilal Bin Saqib. Zhao also met with the Pakistani prime minister and deputy PM in Islamabad. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Crypto analyst Melika Trader has warned of a volume drop that could trigger a 60% Bitcoin price crash. The analyst provided an in-depth analysis of what this price crash could mean and if it would mark the end of the bull run. How The Bitcoin Price Could Crash By 60% And Drop To $49,000 In a TradingView post, Melika Trader revealed how the Bitcoin price could crash by 60% and drop to $49,000. The analyst noted that BTC is hanging just above a critical support zone, an area he claimed many traders recognize as the “most important support level” from a volume perspective on Binance. Related Reading: Analyst Says Bitcoin Price Has Entered The ‘Ideal Buy Zone’, Here’s Why His accompanying chart showed that the Bitcoin price could suffer a 60% drop once it loses the former trend line at $75,000. The flagship crypto is also in danger, having lost the critical support at around $83,000. This drop to $49,000 would bring BTC back toward the high-volume range near $30,000. This provides an ultra-bearish outlook for the Bitcoin price. However, Melika Trader raised a twist, stating that only 20% of traders might actually lose. He noted that, according to Binance’s volume profile data, the majority of buying activity and position accumulation happened below $35,000. The analyst further mentioned that most long-term holders and smart money entered during the 2022/2023 accumulation range. The Volume Profile Visible Range (VPVR) is also said to show significant support below the current Bitcoin price, with minimal trading volume at higher levels. Melika Trader remarked that only a minority of traders bought BTC during its late-stage bull run above $70,000. Meanwhile, the majority of investors are still in profit or break-even, even if the Bitcoin price retraces back to its base. As such, most traders are safe, as BTC risks a drop to as low as $49,000. Why BTC’s Bull Market Is Over CryptoQuant’s CEO, Ki Young Ju, recently asserted that BTC’s bull market is over amid the Bitcoin price decline. He alluded to the ‘Realized Cap’ metric to explain his confidence that the bull run is over. The CryptoQuant CEO noted that if Realized Cap is growing but Market Cap is stagnant or falling, it means capital is flowing in but prices aren’t rising. Related Reading: Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge Ki Young Ju noted that this is a clear bearish signal, and this is what is currently happening. Capital is entering the market right now, but the Bitcoin price isn’t responding, which he claims is typical of a bear market. The CryptoQuant CEO explained that even large purchases like MicroStrategy’s aren’t pushing prices up because there is too much sell pressure at the moment. Ki Young Ju again affirmed that current data points to the Bitcoin price being in a bear market. He noted that sell pressure could ease anytime but warned that historically, real reversals take at least six months. As such, the CryptoQuant CEO believes a short-term rally seems unlikely. At the time of writing, the Bitcoin price is trading at around $77,000, down over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
The EU imposes a 25% customs duty, intensifying concerns in cryptocurrency markets. A lawsuit seeks to unveil the true identity of Bitcoin’s creator, Satoshi Nakamoto. Continue Reading: Legal Battle Unfolds Over Bitcoin Creator’s Identity The post Legal Battle Unfolds Over Bitcoin Creator’s Identity appeared first on COINTURK NEWS .
Bitcoin Magazine Pro Crypto, Anti Privacy: Will Trump Free Samourai? Last month, the Treasury lifted sanctions on Tornado Cash. In response, many rekindled their calls for the Trump administration to drop the charges against Keonne Rodriguez and William Lonergan Hill, the developers of Samourai Wallet who are currently being prosecuted in the Southern District of New York. What many appear to have missed is that the Treasury’s sanctions reversal for Tornado Cash also revealed the Treasury’s stance on privacy services. And it isn’t looking good. Tornado Cash’s removal from OFAC’s SDN list followed a lawsuit by Tornado Cash users in a Texas District Court case that has become known as Van Loon v. US Department of the Treasury, in which it was argued that the sanctioning of the software was unlawful and violated the right to free speech. The lawsuit went to appeal in the Fifth Circuit, where three judges ruled that sanctioning a software like Tornado Cash was indeed unlawful, as OFAC’s SDN list was reserved for businesses, foreign nationals, and property – of which Tornado Cash is neither. The Fifth Circuit, in turn, directed the Texas District Court to grant the plaintiff’s motion for partial summary judgement, which would constitute a binding court order that software like Tornado Cash cannot be sanctioned by the US Government under current sanction laws. Now the Treasury is fighting back, in attempts to avert the judgement that would strip the agency of its powers to sanction immutable privacy software, by arguing that a judgement is not needed because Tornado Cash has been removed from the OFAC list. But without the judgement, the agency could continue to sanction software that works like Tornado Cash, and even re-sanction Tornado Cash itself. The sanctions reversal on Tornado Cash has little to do with the prosecution of Samourai Wallet developers, as neither are charged with sanctions evasion. But the criminal prosecution of Tornado Cash developer Roman Storm is extremely important to their case, as it may set precedent for the prosecution of Rodriguez and Hill, who have been charged with conspiracy to operate an unlicensed money transmitter and conspiracy to commit money laundering. Both Tornado Cash and Samourai Wallet are purely non-custodial software projects, which have long been understood to be exempt from falling under anti-money laundering frameworks usually applied to banks. If Storm is found guilty in July, the Government would have a much easier time to successfully prosecute the two Bitcoin developers as well. While many were hopeful that the new administration would put an end to the former administration’s witch hunt on cryptocurrency developers, it seems that Trump’s Treasury is just as unfavorable to the development of privacy code. As CoinCenter pointed out at the end of last year, a pro-crypto administration does not necessarily equal a pro-privacy and pro-financial freedom administration. It seems that we are now witnessing what this means: while lawsuits are being dropped against “crypto casinos” like Coinbase and Uniswap, privacy software developers like Rodriguez and Hill continue to face the threat of decades in jail. The Treasury appears to reason these prosecutions with their hardline stance against terrorist financing and cyber crime. As the agency wrote in the announcement of Tornado Cash’s sanctions reversal: “Treasury remains committed to using our authorities to expose and disrupt the ability of malicious cyber actors to profit from their criminal activities through the exploitation of digital assets and the digital assets ecosystem.” In what appears to be a first, the Treasury also issued a warning for users of privacy services, stating that “U.S. persons should exercise caution before engaging in transactions that present such risks.” In an email addressing the reversal of sanctions against Tornado Cash, blockchain surveillance firm Chainalysis appears to echo the Treasury’s sentiment, writing that “organizations with exposure to [mixer] addresses should seek legal counsel on their responses and obligations to OFAC.” The messaging seems clear: while it is not officially illegal to use or deal with mixing services, the Treasury appears to attempt to keep all options open to pursue charges against persons involved with privacy services in the future. As I have argued in several Bitcoin Magazine print articles, this stance should not be a surprise, and is rather an immediate consequence of integrating digital assets into US regulatory frameworks. The more important Bitcoin becomes for the Government, the more important it will be to root out any conduct deemed illicit or criminal. Treasury Secretary Scott Bessent has now argued as much in Tornado Cash’s sanctions reversal, stating that “securing the digital asset industry from abuse by North Korea and other illicit actors is essential to establishing U.S. leadership and ensuring that the American people can benefit from financial innovation and inclusion.” While North Korea allegedly relies on cryptocurrency financing for its operations, the overall share of illicit funds within the cryptocurrency space is minimal, placed at a mere 0.14% of all on-chain transactions by Chainalysis itself. At the same time, the reasons for people to use privacy services are numerous. As every transaction is visible on-chain, privacy services help people keep their transaction histories and net worth private, which in turn protects their physical security. As Jameson Lopp regularly highlights in his physical Bitcoin attacks repository, having information about your Bitcoin public may result in violent home invasions, kidnappings, and in some cases, murder. The Government’s continued crackdown on privacy services does not seem proportionate to eliminating 0.14% illicit actors, but it seems that the Trump administration is in no hurry to do the right thing to protect Americans and #FreeSamourai. This is a guest post by L0la L33tz. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine. This post Pro Crypto, Anti Privacy: Will Trump Free Samourai? first appeared on Bitcoin Magazine and is written by L0La L33Tz .
Bitcoin is experiencing increased volatility, recovering from a low of $74,508, yet sustaining higher levels may prove difficult as selling pressure mounts. The cryptocurrency market is reacting sharply to macroeconomic
JPMorgan Chase CEO Jamie Dimon issued a stern warning about the potential consequences of U.S. President Donald Trump's latest tariff policies, warning caution should be exercised as they could raise inflation and increase the likelihood of a global economic slowdown. In his annual letter to shareholders, Dimon expressed concern about the short-term impact of the tariffs, saying they could dampen U.S. economic growth and spark fears of a recession. “The latest tariffs will likely increase inflation and make many think the possibility of a recession is greater,” the JPMorgan CEO wrote. “Whether the tariff menu will cause a recession is debatable, but it will slow growth.” While Dimon acknowledged that some of the motivations behind tariffs may be justified, he urged policymakers to consider their broader implications: “Whatever you think of the legitimate reasons for the newly announced tariffs or their good or bad long-term effects, they will likely have significant short-term effects. These price increases will not only affect imports but also domestic prices.” Related News: JUST IN: Coinbase Decides to Delist Two Cryptocurrencies Dimon reaffirmed his general support for Trump’s “America First” agenda, while noting that maintaining global alliances was important: “If the military and economic alliances of the Western world disintegrate, America itself will inevitably weaken over time. ‘America First’ cannot become ‘America Alone.’” *This is not investment advice. Continue Reading: Stern Warnings from Wall Street CEOs About the US Economy Keep Coming: Now JPMorgan CEO Warns
Over the last week, nearly every asset in global markets has cratered, but despite the market crash, memecoins FARTCOIN and SPX6900 are up more than 10%. Assets perceived as low-risk, such as the S&P 500 and gold, are down more than 10% over the last week. Meanwhile, FARTCOIN is up 16%, and SPX6900 is up 10.5% in the same period. Major cryptocurrencies have also been battered, with BTC down 6% and ETH down 16%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Changpeng Zhao, the co-founder of Binance, is set to play a pivotal role in shaping Pakistan’s digital asset landscape as the country seeks to attract foreign investment. This collaboration signifies
Key takeaways: Pendle’s price is projected to reach a maximum of $4.10 by the end of 2025. By 2028, Pendle’s price is expected to reach an average of $10.28. In 2031, the price of Pendle is predicted to reach a maximum of $35.42. Pendle (PENDLE) innovates the DeFi space by enabling future yield trading. This unique approach helps users maximize returns through advanced smart contracts and seamless integration with other DeFi platforms. Pendle’s recent progress, such as smart contract updates and strategic partnerships, marks its growth and commitment to innovation. Will these developments increase the value of $PENDLE? Is Pendle worth investing in? Let’s dive into the Pendle price prediction for 2025-2031. Overview Token PENDLE Price $2.81 Market Cap $454.27M Trading Volume $65.06M Circulating Supply 281.52M PENDLE All-time High $7.52 (Apr 11, 2024) All-time Low $0.03349 (Nov 10, 2022) 24-hour High $2.99 24-hour Low $2.39 Pendle price prediction: Technical analysis Metric Value Price Prediction $ 8.61 (225.26%) Volatility 12.04% 50-day SMA $ 2.91 14-Day RSI 52.20 Sentiment Bearish Fear & Greed Index 26 ( Fear) Green Days 14/30 (47%) 200-Day SMA $4.08 Pendle price analysis TL;DR Breakdown : Pendle is showing early bullish momentum on both the 4-hour and 1-day charts Indicators like RSI and MACD suggest potential for continued upward movement A sustained hold above support may push the price toward the $3.42 resistance level PENDLE/USD 1-day chart PENDLE 1-Day price chart; Tradingview Based on the 1-day chart of Pendle on April 7, the token appears to be recovering from recent lows with strong bullish momentum. The latest daily candle shows a significant upward move of over 7%, closing above the middle Bollinger Band, suggesting a shift toward a short-term uptrend. The RSI is rising steadily and now sits at 55.78, reflecting growing buying pressure without entering the overbought territory. Bollinger Bands are widening slightly, indicating increased volatility. However, resistance near the $3.23 level could pose a challenge. If Pendle maintains momentum above $2.78, it could aim for higher resistance levels in the short term. PENDLE/USD 4-hour chart PENDLE 4-hour price chart; Tradingview Based on the 4-hour chart, Pendle is exhibiting a rebound from recent lows, registering a 5.11% gain in the most recent candle, suggesting short-term bullish momentum. The price has moved above the midline of the Bollinger Bands, with the upper band expanding, indicating growing volatility and potential for further upside. The MACD shows a narrowing gap between the signal and MACD lines, hinting at a possible bullish crossover. Meanwhile, the Balance of Power (BoP) indicator reads 0.33, showing stronger buyer influence. If Pendle maintains support above $2.48, a retest of resistance near $3.42 could be anticipated in the short term. Pendle technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $ 3.24 SELL SMA 5 $ 3.16 SELL SMA 10 $ 3.15 SELL SMA 21 $ 2.62 BUY SMA 50 $ 2.91 SELL SMA 100 $ 3.54 SELL SMA 200 $4 .04 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $ 2.65 BUY EMA 5 $ 2.81 SELL EMA 10 $ 3.22 SELL EMA 21 $ 3.86 SELL EMA 50 $ 4.56 SELL EMA 100 $ 4.72 SELL EMA 200 $ 4.53 SELL What can you expect from PENDLE price analysis next Based on the 4-hour and 1-day charts, Pendle shows early signs of bullish momentum following a recent correction. On the 1-day chart, the price has rebounded above the middle Bollinger Band, with RSI rising toward 56, indicating renewed buying strength without being overbought. The 4-hour chart confirms this trend with a 5.11% intraday gain, a positive Balance of Power, and MACD lines hinting at a potential bullish crossover. If Pendle holds support near $2.78 and sustains volume, it could target the upper resistance around $3.42. However, caution remains due to broader market volatility and recent selling pressure. Is PENDLE a good investment? Investing in Pendle coin offers a unique opportunity in the DeFi sector. Pendle’s approach to tokenizing and trading future yields allows for the flexible management of yield-bearing assets, enhancing investment portfolios. Conducting their research is crucial for potential investors to understand the Pendle market cap and the dynamics of its price movement. Pendle’s ecosystem shows strong community trust, with impressive TVL, market cap growth, and endorsements from industry veterans like Arthur Hayes. These factors and high yields make Pendle a compelling investment in innovative DeFi projects. Will Pendle reach $50? Pendle’s current price is around $2.4. Given its recent market trend, predictions suggest that by 2032, Pendle’s maximum price could approach the $50 mark. Will Pendle reach $100? Pendle price is likely to reach $100 in the foreseeable future. Is Pendle a safe investment? Pendle cryptocurrency offers innovative yield management features, making it appealing for investors. However, it carries risks like market volatility and potential technological issues. Investors should conduct thorough research and consider their risk tolerance before investing in Pendle. Does Pendle have a good long-term future? PENDLE has shown volatility and recent downward movement. Its short-term outlook appears uncertain. However, its long-term future could be positive if the project innovates, gains wider adoption, and maintains strong community and developer support. Recent news/opinion on Pendle Pendle is expanding toward permissionless yield markets, allowing external protocols to list their ERC20/4626 tokens. The new Community Listing process enables projects to deploy their yield markets, with Pendle ensuring final checks before whitelisting. The first listed asset is sUSDX, a synthetic USD stablecoin. Additionally, Pendle Prime will feature pools meeting specific criteria like proven traction and TVL, ensuring security through audits. With Pendle Instance, the ecosystem embraces community-driven growth, enabling faster scaling and broader adoption of its technology. pic.twitter.com/wiAgl8jFel — Pendle (@pendle_fi) March 5, 2025 Pendle announced that @AerodromeFi has launched the first-ever VIRTUAL/cbBTC yield market on @Base, combining AI agents, liquidity marketplaces, and yield trading through Pendle. This innovative solution allows users to unlock additional rewards on top of Aerodrome LP with the same liquidity, revolutionizing the utility of liquidity beyond traditional single-use models. Introducing the first of its kind on @Base : The @AerodromeFi VIRTUAL/cbBTC yield market Where AI Agent meets liquidity marketplace meets yield-trading 🤖 pic.twitter.com/O3pVv1RE8k — Pendle (@pendle_fi) January 2, 2025 Pendle price prediction April 2025 In April 2025, Pendle prediction suggests it could reach a maximum price of $4.10, with a potential low of $3.42. The average trading price is expected to be $3.55. Pendle price prediction Potential Low Average Price Potential High Pendle price prediction April 2025 $3.42 $ 3.55 $ 4.10 Pendle price prediction 2025 In 2025, Pendle’s price is predicted to have a potential low of $3.41 and a potential high of $3.85 with an average price of $3.51. Pendle Price Prediction Potential Low Average Price Potential High Pendle Price Prediction 2025 $ 3.41 $3.51 $3.85 Pendle price prediction 2026-2031 Year Minimum price Average price Maximum price 2026 $ 5.14 $ 5.31 $5.94 2027 $6.95 $ 7.12 $8.80 2028 $ 9.99 $ 10.28 $ 12.38 2029 $14.67 $15.08 $17.74 2030 $ 20.68 $ 21.28 $ 25.41 2031 $30.07 $30.92 $35.42 Pendle Price Prediction 2026 In 2026, the price of Pendle is predicted to reach a minimum level of $5.14. It can also reach a maximum level of $5.94 and an average trading price target of $5.31. Pendle price prediction 2027 In 2027, the average price of Pendle is predicted to reach a minimum level of $6.95. Also, $PENDLE’s price can attain a maximum level of $8.80, and an average trading price of $7.21. Pendle price prediction 2028 The PENDLE price prediction for 2028 projects a minimum price of $9.99 for the token. According to the analyst forecast, the token could reach a maximum price of $12.38 and an average trading price of $10.28. Pendle price prediction 2029 The price of Pendle is predicted to reach a minimum value of $14.67 in 2029. Per the predictions, holders can expect a maximum price of $17.74 and an average trading price of $15.08. Pendle price prediction 2030 The Pendle price forecast for 2030 projects has a minimum price of $20.68, a maximum price of $25.41, and an average forecast price of $21.28. Pendle price prediction 2031 Pendle’s price is expected to reach a maximum price of $35.42, with a minimum price of $30.07. The average trading price is expected to be $30.92. Pendle price prediction 2025-2031 Pendle market price prediction: Analysts’ $PENDLE price forecast Firm 2025 2026 DigitalCoinPrice $6.20 $7.33 Coincodex $4.91 $3.69 Cryptopolitan’s PENDLE price prediction In 2025, Cryptopolitan projects that $PENDLE could experience notable price fluctuations, with a potential low of $2.12, an average of $2.62, and a possible high of $3.14. Pendle historic price sentiment PENDLE price history In September 2020, the price of Pendle started at around $1.0849, and a gradual decline followed. Between October and December 2020, the price decreased steadily, ending the year below $1.0. Between January and June 2021, the price remained relatively stable, fluctuating around the $0.90 to $1.0 range. Between July and December 2021, Pendle continued to exhibit minor fluctuations, maintaining a range around the $1.0 mark but showing no significant upward or downward trend. The price of Pendle from January to December 2022 remained relatively flat, hovering around the $1.0849 mark with minimal fluctuations. There was little to no significant upward or downward movement during this period. In June 2023, the price remained stable, with slight declines observed but staying well below the $1.0 mark. Pendle price movements showed no significant upward momentum and maintained a steady range. Starting from mid-2023, the price began to show slight upward movements, though it was still relatively low. By the end of December 2023, the price showed some initial signs of increase, moving closer to the $1.2 mark. $PENDLE experienced strong growth in 2024, reaching $5.5 in March and its ATH of $7.52 in April. After retesting support at $3.8 in May, it rebounded, closing Q2 at $6.8 and trading in the $4.6–$6.3 range by June. By December, $PENDLE surged to $6.7 before closing the year at $5.07, with notable trading activity, including a peak volume of $94.61M in November. In January 2025, Pendle is trading between $5.1 to $5.3 However, the closing price for Pendle in January was $3.1. As of February 2025, Pendle is trading at $3.2 Pendle value decreased further in March as it dipped to the $2.0 range. Pendle has increased slightly and currently trades between $2.5 and $2.8