Sports-focused crypto platform Chiliz has met with the U.S. Securities and Exchange Commission to discuss a potential re-entry into the U.S. market ahead of the 2026 FIFA World Cup. According to a SEC log published on the agency’s website, Chiliz ( CHZ ), The Digital Chamber, and Zuber Lawler LLP were among the participants in the Apr. 22 meeting. Chiliz presented a draft no-action letter to address concerns regarding the legal classification of fan tokens and outlined a plan to re-enter the U.S. with an investment of $50 million to $100 million. The company argued that its tokens, used for fan engagement through voting rights, exclusive rewards, and more, should not be considered securities. Representatives also sought regulatory guidance on how to proceed. “Our mission is to enable fan engagement through blockchain-based Fan Tokens,” the letter stated. The company emphasized its global reach, with partnerships with major clubs including FC Barcelona, Paris Saint-Germain, AC Milan, and Arsenal. Additionally, it revealed that it had previously had agreements with 13 NFL and 27 NBA teams, but those agreements were put on hold because of regulatory uncertainty. You might also like: Chiliz price prediction in April 2025: CHZ in a descending channel, ready for breakout? According to reports, NBA and NFL teams are considering launching fan tokens if regulatory uncertainty is resolved. Chiliz exited the U.S. in early 2023, citing a lack of regulatory clarity. Its plans to return now aligns with a leadership transition at the SEC. Paul Atkins, the newly appointed SEC Chair and a crypto supporter, is expected to advocate for clearer digital assets regulations. His predecessor, acting chair Mark Uyeda, had already begun rolling back enforcement actions, dropping lawsuits against Gemini, Kraken, Immutable ( IMX ), and Uniswap ( UNI ). Despite expanding international alliances, Chiliz’s market performance has faced major challenges. Its native token CHZ is down 67% over the past year, as per crypto.news price tracker . Its total value locked dropping from $17 million in December to just $6.8 million, according to DefiLlama data . A possible re-entry into the U.S. market could act as a major catalyst that could boost token performance in the short to long to mid-term. Read more: Exclusive: Why Chiliz is betting big on AI and staking for sports blockchain adoption
On April 23, in a move that has sent ripples through financial markets, former President Donald Trump’s public critique of Federal Reserve Chair Jerome Powell has raised alarm over potential
The latest data from COINOTAG reveals a significant uptick in investments within the U.S. spot Bitcoin ETF market, with a remarkable net inflow of $912.7 million recorded on April 22nd.
XRP price started a fresh increase above the $2.150 zone. The price is now consolidating above $2.20 and might clear the $2.250 resistance. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if it clears the $2.250 resistance zone. XRP Price Gains Strength XRP price started a recovery wave above the $2.0650 and $2.10 resistance levels, like Bitcoin and Ethereum . The price traded above the $2.120 and $2.150 levels to start a decent increase. The bulls even pushed the price toward $2.250 before the bears appeared. A high was formed at $2.2490 and the price started a downside correction. There was a move below the $2.2350 and $2.2220 support levels. The price even tested the 23.6% Fib retracement level of the upward move from the $2.060 swing low to the $2.2490 high. However, the bulls protected the $2.20 support. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.20 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.2450 level. The first major resistance is near the $2.250 level. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.80. Another Decline? If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level and the trend line. The next major support is near the $2.150 level and the 50% Fib retracement level of the upward move from the $2.060 swing low to the $2.2490 high. If there is a downside break and a close below the $2.150 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.080 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.20 and $2.150. Major Resistance Levels – $2.250 and $2.350.
Cantor Fitzgerald is reportedly preparing to launch a multibillion-dollar Bitcoin investment vehicle in partnership with SoftBank, Tether and Bitfinex, as institutional interest in digital assets intensifies under the pro-crypto stance of the Trump administration . The initiative comes at a moment when Bitcoin continues to trade near historic highs and investors seek exposure to the next phase of the cryptocurrency cycle. The Financial Times reported Wednesday that the deal would see the creation of a new entity called 21 Capital, backed by $3b worth of Bitcoin contributed by the crypto firms. Tether would contribute $1.5b in Bitcoin, while SoftBank would add $900m and Bitfinex would provide $600m, FT said. The structure is designed to mirror the strategy used by MicroStrategy , which transformed itself from a modest software company into a Bitcoin powerhouse with tens of billions in digital assets. Cantor didn’t return Cryptonews’ request for comment by press time. *CANTOR NEARS $3B CRYPTO VENTURE WITH SOFTBANK AND TETHER: FT Brandon Lutnick is partnering with SoftBank, Tether, and Bitfinex to create a multibillion-dollar bitcoin acquisition vehicle, according to three people briefed on the matter. The vehicle raised $200M in January and… — db (@tier10k) April 22, 2025 Cantor’s Bitcoin Push Led By Lutnick Heir as Firm Deepens Crypto Ties Brandon Lutnick, who took over as chairman of Cantor Fitzgerald after his father Howard Lutnick joined the Trump administration as commerce secretary, is leading the effort. Under his leadership, the firm has increased its involvement in digital assets, advising on high-profile deals such as Tether’s $775m investment in video platform Rumble. The vehicle will operate through Cantor Equity Partners, a special purpose acquisition company that raised $200m earlier this year. It will also issue a $350m convertible bond and raise an additional $200m through a private equity placement to expand its Bitcoin holdings. The strategy involves converting the Bitcoin contributions into shares of 21 Capital at a price of $10 each, with an internal valuation of $85,000 per Bitcoin. While the parties are aiming to announce the deal in the coming weeks, the details are still subject to change. The final agreement could shift or fall through altogether. Crypto Resurgence, Policy Tailwinds Draw Wall Street Deeper Into Bitcoin The timing reflects a broader resurgence in institutional crypto investment. Bitcoin’s price soared to over $108,000 following Trump’s electoral victory in November and has since fluctuated, now sitting around $92,000. Despite volatility, the broader trend has attracted interest from firms seeking to replicate the gains of early adopters. MicroStrategy, whose pivot to Bitcoin began in 2020, now carries a market capitalisation of more than $9b. Its model of raising equity and debt to accumulate Bitcoin has become a template for firms seeking to position themselves as crypto-native entities within public markets. The new venture also comes with a degree of reputational risk. Tether and Bitfinex, both of which are owned by the same parent company, settled major investigations with US regulators in 2021. However, the Trump administration has promised a lighter regulatory touch for crypto, which may create a more favourable environment for such initiatives. The post Cantor Fitzgerald to Launch $3B Bitcoin Investment Vehicle With Tether and SoftBank: Report appeared first on Cryptonews .
On April 23rd, COINOTAG News reported a significant **net inflow** of **$38.8 million** to the U.S. Ethereum spot ETF. Notably, this influx is bolstered by a **$32.7 million** contribution to
The post Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K appeared first on Coinpedia Fintech News The crypto market today is seeing gains as Bitcoin price surge above $93,000 , triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite. Trade Optimism and Institutional Inflows Drive Rally U.S. President Donald Trump and Treasury Secretary Scott Bessent made market-moving remarks hinting at potential relief in the U.S.-China trade war. Bessent called the current 145% tariffs “unsustainable” and suggested a de-escalation could be near. That was enough to boost investor confidence, not just in equities but also in risk-on assets like crypto . Backing the momentum, Bitcoin spot ETFs saw $381 million in net inflows on Monday , the highest since January. The return of institutional money is a bullish signal, especially as MicroStrategy added another 6,500 BTC to its holdings — reinforcing long-term belief in Bitcoin. SEC Shakeup, Altcoin Surge, But Caution Remains Adding to the bullish sentiment, newly appointed SEC Chairman Paul Atkins has already dismissed several crypto enforcement cases. His pro-crypto stance is giving the industry fresh hope for a more innovation-friendly regulatory climate. Meanwhile, Ethereum jumped above $1,700 , Dogecoin surged 8.6% , and SUI spiked nearly 12% . Traditional markets also bounced back, with the S&P 500 and Nasdaq recovering from recent losses. However,the liquidity and new demand remain weak compared to past bull runs, according to CryptoQuant . Resistance zones could still trigger pullbacks, but for now, the rally has reignited crypto market momentum .
Investor sentiment is shifting as key projects face mounting pressure. POPCAT is down 29% this week, testing the patience of its meme-driven community. Chainlink (LINK), once a dominant infrastructure token, is hovering just above a crucial $7.50 support, sparking fears of a deeper correction. In contrast, Dragoin ($DDGN) is steadily making progress without headline volatility. With a decent amount raised during the first presale stage at $0.0000292 per token, and a fully functional Telegram-based play-to-earn game already live, Dragoin isn’t just preparing for a breakout—it’s actively building. While many tokens rely on future promises, Dragoin is already delivering real-time utility, offering retail investors a rare sense of clarity in a market clouded by speculation. POPCAT: Community Energy vs. Technical Weakness POPCAT is down nearly 30% over the past week, sending shockwaves through a meme coin community that had previously leaned on virality and token enthusiasm. Analysts note that the project is in the middle of a technical retest phase, attempting to form support in the wake of its price collapse. Despite holding onto some core community backing, there are concerns that interest is thinning out, particularly in the absence of product development or roadmap updates. The project still benefits from social media presence, but momentum indicators show weakening engagement and fading volume. Unless buyers step in at current levels, POPCAT could be looking at deeper losses in the near term. The latest declines suggest the coin may not yet be ready to bounce back, with many traders adopting a wait-and-see approach. Chainlink: Facing Pressure Near Key Support Chainlink (LINK), one of the better-known infrastructure tokens in the crypto space, is showing technical strain. The token is approaching a pivotal $7.50 support level after a gradual decline from recent highs. According to analysts, a confirmed drop below this zone could spark a steeper sell-off. Despite Chainlink’s integrations with major blockchain platforms and continued relevance in the smart contract oracle space, price performance has been muted. Recent reports suggest that LINK has not capitalized on ecosystem progress in its price chart, which continues to trend downward. Traders are watching closely, and if this support level fails, confidence could take a significant hit. Chainlink’s long-term appeal remains tied to its utility, but near-term momentum is clearly lacking. Unlike newer entrants with community engagement tools and staking incentives, LINK’s movement is now largely reactive to broader market sentiment. Dragoin: Game-Integrated Growth and Clearer Trajectory Dragoin, in contrast, is giving investors visible benchmarks. The token’s presale has now raised over $12k, with each $DDGN priced at $0.0000292. The project’s structured roadmap plans for a public launch price of $0.002, setting up a potential 6,750% return for those entering early. But the real difference lies in what Dragoin is doing right now. The Ethereum-based meme coin is already offering gameplay via a Telegram-integrated platform. Users can control digital dragons and earn $DDGN tokens through daily interaction. This gamified approach anchors Dragoin in active use, rather than pure speculation. It also makes the presale more than just a placeholder—it ties participation to actual experience. The tokenomics are structured to avoid early pitfalls. Of the 200 billion total supply, half is allocated to the presale across 25 stages, each incrementally higher than the last. Thirty percent is reserved for ecosystem growth, game development, and user incentives. Fifteen percent secures post-launch liquidity, while the remaining 5%—set aside for the team—is locked for two years to maintain trust. To reinforce scarcity and decentralization, all unsold tokens will be permanently burned, and smart contract ownership will be renounced upon launch. Referral programs and community incentives further encourage participation without relying on hype or external capital. What Dragoin offers is not just the promise of growth, but an already active model that integrates community interaction, token distribution, and decentralization. In a market where so many tokens are still waiting to deliver, Dragoin is already operating. The Last Line POPCAT and Chainlink each face critical moments. POPCAT is grappling with fading momentum after a steep decline, while Chainlink is trading near a technical line that could dictate its next move. Both projects have their respective strengths, but also clear vulnerabilities. Dragoin, by contrast, is steadily hitting its presale goals while delivering a product users can already engage with. With over $12K raised and a working play-to-earn model tied directly to its token, Dragoin is doing more than most meme coins at this stage. Investors looking for action instead of speculation may find Dragoin’s approach refreshingly simple—and more dependable. Learn More About Dragoin: Presale: https://purchase.dragoin.io/ Website: https://dragoin.io/ Telegram: https://t.me/DragoinOfficial Twitter: https://x.com/DragoinOfficial The post POPCAT Struggles and Chainlink Faces a $7.50 Threat While Dragoin Becomes the Top Crypto to Buy – Here’s Why appeared first on TheCoinrise.com .
Global liquidity has surged to recent highs, leaving investors to turn to Bitcoin amidst market turmoil.
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