Researchers from StarkWare and the Weizmann Institute have unveiled ColliderVM, an innovative solution to Bitcoin’s scripting limitations, poised to enhance smart contract capabilities. This breakthrough promises a more capital-efficient design,
SHIB has risen by 0.5% in the past 24 hours, with its drop to $0.00001199 coming as the crypto market as a whole falls by the same percentage today. Despite the market’s recent lift in response to Trump’s 90-day pause on higher tariffs , SHIB also remains down by 3.5% in a week, by 9% in a fortnight and by 57% in a year. These are disappointing percentages for a token that was the thirteenth-biggest by market cap this time last year , with SHIB since falling down to 21st amid a relative loss of interest and growing competition. But while it looks like SHIB’s days of stratospheric gains may be over, newer coins are appearing to fill the void it has left, with new ERC-20 token SUBBD raising over $100,000 in the first week of its presale. Will SHIB Miss the Next 1,000% Rally? SHIB’s chart is now in an interesting position, given that its indicators look like they’ve begun to show signs of a recovery. Having touched an oversold 30 a few days ago, its RSI (purple) is currently rising towards 50, a clear sign of growing buying pressure. Meanwhile, its 30-day average (orange) looks like it may flatten out, something which could mark the beginning of a rise towards the 200-day average (blue). Source: TradingView Given that SHIB has been in an oversold position since the middle of December, it really is overdue a big rebound. Yet there are two things worth bearing in mind, with the first being that SHIB is dependent, like the rest of the market, on the development of the ongoing tariff situation. If the US can negotiate trade-friendly deals with (or completely drop tariffs on) most countries, then the market will almost certainly continue the recovery it potentially began today. Europe is ready to negotiate with the US. We have offered zero-for-zero tariffs for industrial goods. Because we're always ready for a good deal. But we’re also prepared to respond with countermeasures. And protect ourselves against indirect effects through trade diversion. pic.twitter.com/hpZ77TXH4B — Ursula von der Leyen (@vonderleyen) April 7, 2025 However, if the situation worsens again, we may see SHIB fall even further. On top of this, there’s an argument that SHIB has been suffering from a long-term decline for a couple of years now, with efforts to provide it with more utility falling short. We have seen the launch of its own layer-two Shibarium in August 2023 , as well as the launch of several Shiba Inu-themed games . Yet such developments haven’t done enough to keep SHIB in the top 20, implying that the market is becoming less interested in the coin over time. As such, while an improvement in macroeconomic conditions may see it return to $0.0000150 in the next few weeks, it’s doubtful whether it’s going to experience a true market-beating rally this year. Investors Are Already Piling Into This Other ICO Yet one coin with the opportunity to outpace market averages is SUBBD (SUBBD), an ERC-20 token that launched is very own presale last week. It has already raised just over $140,000 in this sale, providing an early sign of how popular it could become. Spotted: a shiny new token making its debut – and no, it’s not just another coin with a cute name. $SUBBD presale is now officially live. And between us? Early buyers don’t just get perks… they get power. You know where to find it. https://t.co/8yAMjVQD5E pic.twitter.com/g33ipi9kp2 — SUBBD (@SUBBDofficial) April 3, 2025 One big advantage SUBBD has is that it comes with very strong utility, being the native token of an adult-oriented content creation platform. And what’s interesting about SUBBD is that its platform will use AI-based tools to make content creation more efficient for users. It will offer an AI personal assistant to users to help them with content creation, including the generation of ideas, advice and even content itself. In addition, its use of crypto and blockchain will help creators monetize their content in a way that hasn’t been possible with legacy platforms. This includes creating NFTs for particular videos and posts, as well as providing more transparent and automated payouts. All of this gives SUBBD the potential to become the next big content creation platform, with another early sign of popularity being the fact that its X account already has 125,000 followers . $SUBBD PRESALE IS LIVE – Investors, This Is BIG!!! $100K+ raised & counting! $SUBBD is disrupting an $85B market with AI & Web3. EARLY ACCESS = MASSIVE POTENTIAL Secure your tokens now. https://t.co/cc4ZZOjy0V @SUBBDofficial pic.twitter.com/88gkhb8sIl — Mr. Albert (@MrAlbert000) April 9, 2025 Investors can join its presale by going to the SUBBD token website . SUBBD is currently selling at $0.055125, although this price will rise multiple times before the sale ends in the next couple of months. The post Will SHIB Miss the Next 1,000% Rally? Investors Are Already Piling Into This Other ICO appeared first on Cryptonews .
The Real World Asset tokenization industry is growing, attracting major players like Franklin Templeton, BlackRock, and Blackstone. Cryptocurrencies in the space have performed well over the past few months, with their total market capitalization soaring to over $30 billion. Mantra ( OM ), a popular cryptocurrency, has become the second-largest RWA coin after Chainlink ( LINK ). Its token has surged by 640% over the last 12 months, giving it a market cap of over $6 billion. Crypto.news recently spoke with Patrick Mullin, Mantra’s CEO, about its newly launched ecosystem fund, the token’s performance, and the future of Real World Asset tokenization. Congratulations on the strong performance of your cryptocurrency. With so many RWA projects in the space, what made MANTRA stand out? Thank you! We’re proud of MANTRA ( OM ) momentum and the growing recognition in the RWA space. What sets MANTRA apart is our commitment to building a fully compliant, end-to-end ecosystem for real-world asset tokenization and trading. Our permissionless chain was designed from the beginning to meet regulatory standards. We recently secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), authorizing us to operate as a Virtual Asset Exchange. This positions MANTRA as one of the most regulatory-compliant platforms in the RWA sector today. Beyond compliance, we’re driving real-world adoption through strategic partnerships – most notably with DAMAC Group , recently committing to tokenize more than US$1 billion in Dubai real estate. Unlike projects that focus on just one piece of the RWA puzzle, MANTRA is building a comprehensive ecosystem – from asset tokenization to exchange infrastructure and investment services. You might also like: Mantra surges 12% in a week to become the second-largest RWA project: Can OM reach $10 next? You have just launched the MANTRA Ecosystem Fund. Which kind of projects do you aim to support? Working alongside MANTRA’s capital partners, MEF plans to deploy this capital over the next four years through a combination of OM-token grants and partner capital investments. The MEF will operate with an open-arms policy, welcoming projects at any developmental stage globally with a particular focus on RWA’s and DeFi. Applications can be made with just a one pager through our portal and we’re interested in meeting teams that are building in categories that include; lending and borrowing, asset management, trading and exchanges, infrastructure and tools and derivatives and synthetics. How will MANTRA ensure that the fund’s investments align with its commitment to regulatory compliance and security, given the complexities of tokenizing real-world assets? The MEF will only invest in teams that share a similar commitment to compliance and security that we do. Truly scalable adoption for us, and anyone building in RWA, only comes through a compliance and regulatory orientation. We think it is a prerequisite in achieving PMF therefore, that teams adhere as tightly as we do. We will lend our expertise and network to ensure teams are sufficiently positioned for the challenges they will face in this vertical. Many blockchain projects have launched ecosystem funds in the past with limited success. How do you plan to ensure that projects in your fund do well? We are taking a very differentiated approach from previous ecosystem funds, one we believe will mitigate that. Firstly, most ecosystem funds refuse to accept that we live in a multi-chain world. The result is that they only work with teams that will exclusively partner with them on the infrastructure layer side. This constrains the variety of the teams that funds can work with. By acknowledging this, this means we can work with teams across ecosystems, and thus can pick from a more diverse range of applications. We want to work with much fewer teams, and make larger resourced bets. This way we believe teams will be properly invested in us and our commitment, as we are them. The second difference is that we are trying to make fundamental, high-conviction bets. This differentiates from other approaches, that issue small cheques, that don’t result in any meaningful or fruitful relationship for either partner. We’re saying that from day zero, we are looking to be long-term partners with those in the MEF. Aiding not just on the infrastructure side but on set up, distribution, press, and so on. You might also like: MANTRA trading volumes spikes 55% as OM tracks to 10$ MANTRA has positioned itself as a leader in real-world asset tokenization. What unique challenges do you see in bridging traditional finance with DeFi through RWAs, and how is MANTRA addressing them? The biggest challenge MANTRA faces, in its singular pursuit of being the blockchain infrastructure partner of asset issuers and managers globally, is getting these traditional institutions educated with a new technology stack, its benefits and risks; and arguably most importantly, getting our technology working with them, in a way that is compliant and regulatory oriented. We have found that traditional institutions fully understand the benefits of tokenization, and are compelled by the various operational and cost efficiency gains. But there has been hesitancy on regulation and compliance from other possible infrastructure partners (L1s/L2s). That is precisely why we designed our L1 in the way we did, with compliance and regulation at its very core. We have designed not just our tech stack, but the fabric of our firm, from our staff to our pursuit of top-tier licensing/regulatory status, so we are an obvious day 0 partner to any financial institution. We work in lock-step with our institutional partners, to address all the unique challenges that come with tokenizing a broad spectrum of assets, across different classes and jurisdictions. What is the progress on your partnership with DAMAC? When can we see tangible results on this? Our partnership with DAMAC to tokenize more than $1 billion of assets spanning real estate, hospitality, data centers, and other critical sectors has already begun. We look forward to sharing more details soon. How do you see the RWA tokenization market evolving over the next decade, and what role does MANTRA aim to play in shaping that future? Just like the wider industry, we’ll see evolution come from adoption, with adoption coming from regulation and a collective composed of both institutional players and passionate builders. We believe in an open-arms and source approach when it comes to regulation. T his means working alongside regulators, like we did with VARA to obtain the first Decentralized Finance (DeFi) Virtual Asset Service Provider (VASP) Licence, to draft regulations that suit both parties. We’ll continue to do this as we enter new markets. The next part is assisting others seeking to enter those regions and jurisdictions we already have, by sharing our learnings. You might also like: MANTRA secures VARA license to operate in the UAE
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 2375.69, up 3.5% (+79.38) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: SOL (+6.4%) and BCH (+5.3%). Laggards: HBAR (+1.5%) and DOT (+2.4%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Sidechain developer StarkWare and Weizmann Institute of Science researchers claim to have created a workaround for multiple Bitcoin script limitations. According to a recent research paper , the new design claims to allow the deployment of complex smart contracts on Bitcoin in a more capital-efficient manner. The new system may also be vastly more efficient from a computing standpoint. ColliderVM is a protocol designed to enable stateful computation on Bitcoin, allowing multi-step processes to be securely executed over multiple transactions. Traditionally, Bitcoin script output is not accessible to other scripts, making complex calculations nearly impossible. The researchers argue that ColliderVM could allow the use of Scalable Transparent Arguments of Knowledge (STARKs) — a type of zero-knowledge proof — on Bitcoin without requiring consensus-level changes to the network. The architecture would let Bitcoin verify complex offchain computations with minimal onchain data. ColliderVM targets Bitcoin limitations Each Bitcoin block can contain up to 4 million OPCodes (commands) across all transactions, and a single Bitcoin script can contain up to 1,000 stack elements (data entries). Furthermore, stateless execution means that each script executes without memory of previous state or intermediate computations from earlier transactions, making complex computations impractical. The BitVM implementation from a 2023 paper by Robin Linus from Bitcoin research firm ZeroSync allowed for complex smart contracts on Bitcoin but required fraud proofs. Fraud proofs are cryptographic proofs that prove a particular transaction or computation was performed incorrectly, possibly triggering corrective actions. Fraud-proof implementation typically requires operators to front capital for potential corrective actions. In BitVM, operators pay an advance to cover potentially fraudulent transactions, recovering the capital after the fraud-proof window closes. The new system is also more efficient from a computing point of view, compared with previous implementations, but still expensive. Previous implementations used cryptographic one-time signatures ( Lamport and Winternitz ) that were notably computationally heavy. ColliderVM draws from the November 2024 ColliderScript paper by researchers from StarkWare, web services firm Cloudflare and Bitcoin sidechain developer Blockstream. This system relies on a hash collision-based commitment setting a challenge to produce an input that, when run through a hash function, produces an output with pre-determined features. Related: A beginner’s guide to the Bitcoin Taproot upgrade This setup requires significantly fewer computing resources from honest operators than from malicious actors. Computational resources needed by honest and malicious actors depending on collision difficulty. Source: ColliderVM paper Hash, but no food or weed A hash is a non-reversible mathematical function that can be run on arbitrary data, producing a fixed-length alphanumeric string. Non-reversible means that it is impossible to run the computation in reverse to obtain the original data from a hash. This results in a sort of data ID identifying data to the bit, without containing any underlying data. Hash function examples. Source: Wikimedia This system — somewhat resembling Bitcoin ( BTC ) mining — requires significantly fewer hash operations compared to BitVM, reducing both script size and processing time. ColliderVM researchers claim to have reduced the number of those operations even further, by at least a factor of 10,000. The researchers seemingly suggest that this implementation is nearly making a STARKs-based Bitcoin sidechain practical. The paper reads: “We estimate that the Bitcoin script length for STARK proof verification becomes nearly practical, allowing it to be used alongside other, pairing-based proof systems common today in applications.” STARKs are a ZK-proof system recognized for their scalability and trustless nature (no trusted setup is needed). ZK-proofs are a cryptographic system that allows users to prove a particular feature of a piece of data without revealing the underlying data. Many early ZK-proof systems necessitated a one-time secure setup that relied on “toxic waste” data. If a party were to keep hold of the toxic waste, it would allow them to forge signatures and generate fraudulent proofs. STARKs do not rely on such a setup, making them trustless. Traditional implementation of STARK verifiers would require scripts that exceed Bitcoin’s limits. Now, researchers behind ColliderVM argue that their more efficient system approaches make an onchain verification script for STARK-proofs “nearly practical.” Related: Bitcoin sidechains will drive BTCfi growth Bitcoin-based trustless sidechains? Bitcoin is widely considered the most secure and reliable blockchain , but its critics raise issues with its feature set being significantly more limited when compared to many altcoins. Sidechains such as Blockstream’s Liquid exist, but are not trustless. Director of research at blockchain firm Blockstream and mathematician Andrew Poelstra told Cointelegraph as far back as 2020 that ZK-proof-based systems are “one of the most exciting areas of development ” in the cryptography space. Cypherpunk, a developer cited in the Bitcoin white paper and Blockstream founder, explained in a 2014 paper that more work was needed to implement trustless ZK-proof-based sidechains on Bitcoin. Still, even 10 years later, a system based on ColliderVM would be trust-minimized rather than trustless. This is because users would still need to trust that at least a minimal subset of network participants will act honestly to ensure the correct functioning of the system. The study’s lead authors include Eli Ben-Sasson, co-founder of StarkWare, along with researchers Lior Goldberg and Ben Fisch. Ben-Sasson is one of the original developers of STARKs and has long advocated for the use of zero-knowledge proofs to improve blockchain scalability. In a recent interview with Cointelegraph, StarkWare co-founder Ben-Sasson noted that a real Bitcoin layer-2 solution would need to have “the security of Bitcoin itself.” Instead, current solutions rely on trust in signers or fraud-proof-based economic incentives. Still, he recognized the Lightning Network: “We should also acknowledge there’s, of course, today, lightning networks, which have the security of Bitcoin.“ Magazine: ‘Bitcoin layer 2s’ aren’t really L2s at all: Here’s why that matters
While investors are eagerly waiting for the downtrend in Bitcoin to end and the rise to begin, John Bollinger, the creator of Bollinger Bands, stated that there is a bottom formation in BTC. At this point, John Bollinger said that Bitcoin Bollinger bands are trying to form a double bottom formation, but this has not been confirmed yet. Following the sharp declines, John Bollinger said that Bitcoin may be forming a classic “W” bottom pattern based on the %b indicator. The %b indicator measures the closing price of an asset based on its position within the Bollinger Bands. This means that Bitcoin has formed a bottom according to the Bollinger Bands. “According to Bollinger Bands, a classic W bottom is forming in the Bitcoin/USD trading pair. However, this still needs confirmation. Because Bollinger Bands on both the weekly and daily time frames show that a trend reversal has not yet occurred.” While confirmation is still needed, it could signal a potential price recovery, according to Bollinger. “W” bottoms occur when prices make a higher low and touch the lower band. Experienced analyst Timothy Peterson also shared his expectations for Bitcoin, predicting that Bitcoin could only rise after stocks find their bottom. *This is not investment advice. Continue Reading: Has Bitcoin Finally Found a Bottom? Bollinger Bands Inventor Explained!
The US dollar index crashed to its lowest level since April 2022 as the trade war between China and the US escalated and jitters in the bond market continued. The DXY index, which tracks the greenback against a basket of developed-world currencies like the euro, sterling, and Japanese yen, dropped to $99—down 10% from its highest point this year. This crash came after China announced its retaliatory tariffs against the United States. All US goods entering the country will now face a universal 125% tariff. Beijing made this announcement after the US imposed a 145% levy on most Chinese goods. As such, the retaliation signals that the game of chicken will continue, with Trump likely to respond in kind. The ongoing crash in the US dollar index may benefit risk assets like Bitcoin ( BTC ) and altcoins. That’s because a weaker US dollar typically pushes investors toward Bitcoin, which is often viewed as a store of value due to its 21 million supply cap. You might also like: Goldman Sachs scraps recession forecast as Trump pauses tariffs Further, Bitcoin and most altcoins are primarily traded against either the US dollar or Tether ( USDT ), a stablecoin backed by the greenback. As a result, a falling dollar may make Bitcoin appear cheaper and more attractive. Bitcoin and altcoin prices may benefit if the Fed slashes rates The ongoing US dollar index crash is happening as investors remain concerned that the US may be heading towards a recession. A Polymarket poll places the odds of a recession in the US this year at 63%, while Kalshi’s odds are a bit higher at 65%. Mark Zandi, the chief economist at Moody’s, also put the odds of a recession at 60%, citing high tariffs as a major contributing factor. With US inflation falling , there is increasing speculation that the Federal Reserve may intervene by cutting rates this year. Odds of an emergency rate cut have risen to 31% on Polymarket, while traders anticipate three cuts over the course of the year. Bitcoin and altcoins tend to thrive when the Fed is cutting interest rates and when the US dollar index is declining. For instance, crypto prices surged during the pandemic, as the dollar index fell to $89.25 and the Fed implemented several rate cuts. The weakening dollar partially explains why Bitcoin and other altcoins held steady on Friday. Bitcoin was trading at $82,000, while XRP hovered at $2. You might also like: Ethereum price rally stalls as economist maintains recession odds at 60%
The return of risk-on sentiment has sparked a recovery, but many still question Ethereum as a “best crypto to buy” contender, with long-term holders offloading at a loss. As global investment markets rallied on Trump’s 90-day “tariff war” pause, the front-running altcoin saw a 24% surge during Wednesday trading to a $1695 peak. While this policy shift opened the door to fresh liquidity, sentiment quickly cooled. A likely “sell-the-news” event has since dragged Ethereum back to $1550. Now down over 60% from its post-election rally highs, ETH is seeing capitulation trades from holders looking to limit further downside. Long-Term Holders Enter Capitulation Mode Long-term Ethereum holders have now entered what’s commonly referred to as “capitulation” mode—a stage when even the most patient investors begin to fold under pressure. Ethereum long-term holder Net Unrealise Profit/Loss (NUPL). Source: Ali Martinez / X. With the multi-month free fall, many investors have already exited positions, while others remain sidelined waiting for clarity. Still, some see opportunity. According to popular analyst Ali Martinez, this could present a rare window for contrarian buyers. “For those watching risk-reward dynamics, this phase has historically marked prime accumulation zones,” he shared on X . ETH Price Analysis: Time to Accumulate Ethereum? The buy-the-dip opportunity may not be over for Ethereum with the loss of a critical historical support that marked every major bottom since mid-2020. ETH / USDT 1-week chart, symmetrical triangle breakdown. Source: Binance. This breakdown breaches the lower boundary of a massive symmetrical triangle pattern—a final line of defense before deeper losses set in. While much of these losses have already materialized, the next key support sits at $1,050. That marks a potential 30% slide before substantial buying pressure is likely to return. While much of the downside has already played out, the next key support lies at $1,050, leaving room for a potential 30% slide before meaningful demand returns. This scenario holds weight, with the MACD line accelerating its move away from the signal line, underscoring dominant selling pressure. While the Relative Strength Index (RSI) has hit the oversold threshold at 30—a sign of seller exhaustion—a pronounced reversal seems slim without conviction from buyers. Instead, a short-term consolidation around the immediate $1,525 support level—seems the most probable outcome without any fresh market catalysts. Keep Your Eyes on This New ICO Before the Bull Market Returns Any trader hedging their risk likely features Bitcoin (BTC) as a major part of their portfolio, especially as the altcoin market continues to fall. While Bitcoin provides stable gains, it often sacrifices upside potential—that’s where Bitcoin Bull (BTCBULL) comes in, offering a fresh way to capitalize on BTC tailwinds. True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model. The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter. With some analysts forecasting BTC highs of $1 million by 2030, BTCBULL could become a Bitcoin Maxi’s best friend. With over $4.5 million raised in its initial few months, the project is already gaining strong momentum—potentially credited to its 91% APY on staking that rewards early investors. You can keep up with Bitcoin Bull on X and Telegram , or join the presale on the Bitcoin Bull website . The post Are Ethereum Whales Giving Up? Long-Term Holders Start Selling as Price Recovers appeared first on Cryptonews .
Ripple's legal battle with the SEC approaches a critical deadline on April 16, 2025. Experts predict this date will have implications for the entire cryptocurrency market. Continue Reading: Ripple Faces a Pivotal Moment as April 16, 2025 Approaches The post Ripple Faces a Pivotal Moment as April 16, 2025 Approaches appeared first on COINTURK NEWS .