Nexo Announces U.S. Return During Bulgaria Event with Donald Trump Jr.

Crypto services firm Nexo Capital has revealed plans to reenter the U.S. market, marking a significant comeback two years after settling regulatory disputes with a $45 million fine . The announcement came during a high-profile event in Sofia, Bulgaria, on Sunday, where Donald Trump Jr. was the featured speaker, according to a report from Reuters . The conference, titled “Trump Business Vision 2025” and hosted by Nexo, brought together leaders from finance and technology to discuss global market trends. Nexo to Reenter U.S. in Coming Months Nexo co-founder Antoni Trenchev confirmed that the company is preparing for a return to the U.S. in the coming months. He noted ongoing “constructive” discussions with regulators, including the U.S. Securities and Exchange Commission (SEC), though specific details remain undisclosed. “We see the opportunity for the financial sector and want to ensure we bring that back to the U.S.,” said Donald Trump Jr. Trenchev clarified that Trump Jr. is not directly assisting Nexo’s regulatory navigation but is instead promoting broader crypto adoption in the U.S. “He’s spreading the message that crypto is important to the United States and setting the stage,” Trenchev explained. Nexo, headquartered in the Cayman Islands, exited the U.S. market following regulatory clashes over its crypto lending products, culminating in a multimillion-dollar settlement in early 2023. Our historic re-entry was unveiled at an exclusive event with Donald Trump Jr., Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology, and Antoni Trenchev, Co-Founder of Nexo. — Nexo (@Nexo) April 28, 2025 The company’s decision to return coincides with a notable shift in Washington’s stance toward digital assets under President Trump’s administration. Since taking office, President Trump has championed a more crypto-friendly regulatory environment, pausing SEC lawsuits against crypto firms and easing banking guidelines related to digital assets. The Trump family itself is expanding its footprint in the crypto space through World Liberty Financial, where Trump Jr. serves as an ambassador. Describing a “tectonic shift” in U.S. crypto policy, Trenchev emphasized that real progress is underway to position America as a hub for digital finance. Nexo’s Sofia event, attended by figures like Israel’s Minister of Innovation Gila Gamliel, underscored the growing alignment between U.S. enterprise and global capital. Nexo offers a range of crypto services, including trading, crypto-backed loans, and exchange platforms, positioning itself to capitalize on the evolving U.S. market landscape. Crypto-Friendly Paul Atkins Sworn as SEC Chair As reported, Paul Atkins was sworn in as Chairman of the SEC last week, marking a leadership shift that is being welcomed by the digital asset industry. Under Atkins’ leadership, the SEC has already withdrawn or delayed several prominent cases against crypto firms. The agency dropped its lawsuits against Coinbase and Cumberland DRW earlier this year, and a separate investigation into Uniswap Labs closed in February without enforcement action. Last week, the agency also closed its investigation into CyberKongz , a prominent Ethereum-based NFT and gaming project, with no enforcement action taken. More recently, the SEC announced it would not pursue further legal action against Richard Schueler, better known as Richard Heart, the founder of Hex, PulseChain, and PulseX. The post Nexo Announces U.S. Return During Bulgaria Event with Donald Trump Jr. appeared first on Cryptonews .

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Congress Struggles to Meet Trump’s August Deadline for U.S. Crypto Regulation

The post Congress Struggles to Meet Trump’s August Deadline for U.S. Crypto Regulation appeared first on Coinpedia Fintech News As lawmakers return to Capitol Hill after a two-week recess, crypto legislation is at the top of their agenda. With just three months left before President Trump’s August deadline , Congress has a lot of work ahead to craft laws that could define the future of digital assets in America. Eleanor Terrett took to X to give a *spicy* update on everything that’s brewing. NEW from me: Lawmakers are back on the Hill to tackle crypto legislation. Plus, a spicy industry letter to Crypto & AI Czar @davidsacks47 , and an interview with @WisdomTreeFunds breaking down Friday’s SEC custody roundtable. https://t.co/BoH5xf5hPz — Eleanor Terrett (@EleanorTerrett) April 28, 2025 The pressure is on, but are lawmakers up for the challenge? Here’s the rundown. Crypto Legislation: The Countdown Begins Lawmakers are hard at work to push through two key bills: the market structure and stablecoin regulations. With little time left before the August deadline, there’s not much room for error. And let’s be honest, it was about time. Last Friday, the House Financial Services Committee scheduled a joint hearing with the House Agriculture Committee for May 6, titled “ American Innovation and the Future of Digital Assets .” It’s clear that Congress is aiming for a forward-thinking approach.But can they pull it off in time? That’s the million-dollar question. House Financial Services Committee Chairman French Hill (R-AR) shared that a discussion draft of the new legislation is expected soon. This draft is an updated version of last year’s FIT21 market structure bill. Meanwhile, Senate staffers are working on their own version, incorporating elements from both the 2022 Lummis-Gillibrand Responsible Financial Innovation Act and the FIT21 bill. Industry Leaders Step Up: DOJ, It’s Time to Listen While Congress scrambles, the crypto industry is raising its voice. A petition led by the DeFi Education Fund , along with key industry leaders, has been launched urging President Trump’s Crypto and AI Czar, David Sacks , to intervene in the Department of Justice’s prosecution of Tornado Cash co-founder Roman Storm . The petition argues that developers shouldn’t be criminally liable for how bad actors use their code, especially when they have no control over it. The legal theory behind the prosecution has the potential to seriously impact innovation. If lawmakers want to ensure the growth of the crypto ecosystem, this issue needs immediate attention. What’s Next for Crypto? With Congress hustling to meet the August deadline and the industry pushing for reform, we’re in for a wild few months. It is a critical time for the future of crypto in America. At Coinpedia, we’ll keep you updated on how it all shapes up.

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Bitcoin Store of Value: A Resilient Haven Amid Trump’s Tariff Turmoil, Says NYDIG

Are you watching how global economic shifts and political decisions impact financial markets? Recent analysis from cryptocurrency lender New York Digital Investment Group (NYDIG) suggests a fascinating trend: Bitcoin store of value characteristics are becoming increasingly apparent, especially during periods of policy uncertainty like those seen under U.S. President Donald Trump’s administration. Understanding the NYDIG Report on Bitcoin’s Role NYDIG, a prominent player in the institutional Bitcoin space, regularly publishes research analyzing the cryptocurrency market. Their recent weekly report highlighted a significant observation regarding Bitcoin’s behavior. According to Greg Cipolaro, NYDIG’s Global Head of Research, Bitcoin has shown signs of separating itself from the performance of traditional financial assets, specifically U.S. equities. This decoupling is not just a random fluctuation; NYDIG’s analysis points to Bitcoin beginning to act more like a non-sovereign store of value, drawing parallels to traditional safe-haven assets like gold. What does a ‘store of value’ truly mean? In simple terms, it’s an asset that maintains its purchasing power over time without significant depreciation. Gold has historically filled this role due to its scarcity, durability, and universal acceptance. Currencies, while mediums of exchange, can lose value due to inflation or government policy. NYDIG’s report posits that Bitcoin is starting to exhibit these store of value qualities, particularly when geopolitical or policy-driven risks increase in traditional markets. This is a crucial point, suggesting Bitcoin is maturing beyond purely speculative trading and gaining recognition for its potential as a long-term wealth preservation tool. How Trump Tariffs Sparked Risk Aversion The NYDIG report specifically references the period following President Trump’s tariff announcements, including those around April 2nd (referred to as “Liberation Day” in the report’s context, likely signifying a specific policy or set of policies announced then). These announcements were part of a broader trade policy strategy that involved imposing tariffs on goods from various countries, notably China. Here’s why trade tariffs can cause market turmoil: Increased Costs: Tariffs are taxes on imported goods, increasing costs for businesses and consumers. Supply Chain Disruption: Businesses may struggle to find alternative suppliers or face higher expenses in doing so. Retaliation Risks: Targeted countries often impose their own tariffs, escalating trade disputes and harming export industries. Policy Uncertainty: Frequent changes or threats of new tariffs create unpredictability, making it difficult for businesses to plan and invest. This uncertainty and potential negative economic impact triggered a wave of risk-aversion sentiment across global financial markets. Investors typically react to such periods by moving capital out of riskier assets (like stocks) and into assets perceived as safer, such as government bonds, gold, or certain currencies like the Swiss franc. NYDIG observed that while traditional safe havens remained resilient, Bitcoin also demonstrated strength, suggesting it was being viewed through a similar lens by some investors. The Phenomenon of BTC Decoupling One of the most compelling arguments in the NYDIG report is the observed BTC decoupling from U.S. equities. For a long time, Bitcoin’s price movements often correlated with technology stocks or broader market indices, sometimes behaving like a high-beta risk asset – performing well when markets were bullish and falling sharply during downturns. However, NYDIG’s research indicates that during specific periods of heightened policy-induced risk, Bitcoin’s correlation with these traditional assets weakened. Instead of falling in lockstep with stocks facing headwinds from trade wars, Bitcoin held its ground or even appreciated, mirroring the behavior of gold or the Swiss franc. Why might this decoupling occur? Several factors could contribute: Non-Sovereign Nature: Bitcoin is not tied to any single country’s economy or government policy, making it immune to risks specific to national currencies or markets like trade tariffs. Global Accessibility: It operates on a decentralized, global network, accessible to anyone with internet access, providing an alternative outside traditional financial systems. Limited Supply: Bitcoin’s fixed supply schedule and predictable halving events create inherent scarcity, a key characteristic of traditional stores of value like gold. Growing Institutional Interest: As more institutional investors allocate capital to Bitcoin, driven by a variety of theses (including its potential as digital gold), this influx of capital can provide support independent of broader equity market sentiment. This decoupling is significant because it suggests that Bitcoin’s value proposition might be evolving or becoming clearer to investors. It’s not just another tech stock; it’s potentially a distinct asset class with unique properties that make it attractive during specific market conditions. Is Bitcoin a True Crypto Safe Haven ? The idea of Bitcoin as a crypto safe haven is gaining traction, but it’s not without debate. A safe haven asset is typically expected to retain or increase in value during times of market turbulence. While Bitcoin has shown this characteristic during certain events, its history is also marked by significant volatility, which is not typical of traditional safe havens like gold or government bonds. Comparing Bitcoin to Gold: Characteristic Bitcoin (BTC) Gold Nature Digital, Decentralized Physical, Centralized Production Supply Fixed (21 million cap) Finite, but new supply added annually Portability Extremely easy (digital keys) Difficult (physical weight/security) Divisibility Highly divisible (to 8 decimal places) Divisible, but less practical for small transactions Verification Easy (blockchain verification) Can be complex (purity testing) Volatility High Lower relative to Bitcoin Market Cap (approx) $1.8 Trillion (as per report context) $13 Trillion+ (updated figure, report says $22T which might include above ground stock/derivatives) Note: Market capitalization figures are estimates and fluctuate. The report’s $22T gold figure might represent a broader measure including derivatives or total estimated above-ground stock at that specific time. Current estimates for physical gold market cap are closer to $13-14 trillion. While Bitcoin’s market capitalization is still significantly smaller than gold’s, NYDIG’s point is that its *behavior* during specific stress periods is aligning with safe havens. The argument is that for a certain segment of investors, particularly those wary of risks within traditional sovereign-backed assets or looking for digital alternatives, Bitcoin is increasingly filling this safe-haven role. Bitcoin vs. Other Cryptocurrencies as Store of Value Greg Cipolaro of NYDIG also made a crucial distinction: Bitcoin differs from many other cryptocurrencies. While the broader crypto market is vast and diverse, with thousands of different coins (altcoins), the vast majority are focused on enabling decentralized applications (dApps), smart contracts, or providing utility within specific ecosystems. Bitcoin, by contrast, was designed primarily as a decentralized digital currency and store of value. Its simple, robust protocol, focus on security via Proof-of-Work, and lack of a central governing body make it uniquely suited for this purpose compared to more complex or utility-focused blockchains. Key differences highlighting Bitcoin’s store of value focus: Purpose: Bitcoin’s primary function is a secure, scarce digital asset. Many altcoins prioritize speed, scalability, or specific application functionality. Network Effect & Security: Bitcoin has the largest and most secure decentralized network, making it incredibly difficult to attack or alter. Monetary Policy: Bitcoin has a fixed, predictable supply schedule, unlike many altcoins which may have inflationary models or governance structures that could alter supply. Cultural & Historical Context: Bitcoin was the first cryptocurrency and has the longest track record, cementing its position as ‘digital gold’ in the minds of many early adopters and institutions. This doesn’t diminish the value or potential of other cryptocurrencies for their intended uses, but it explains why NYDIG and others specifically identify Bitcoin as the leading candidate for a digital store of value, separate from the broader crypto market focused on decentralized applications. Actionable Insights for Investors What does NYDIG’s perspective mean for investors navigating today’s complex global landscape? Consider Diversification: The potential for BTC decoupling suggests it could offer diversification benefits, acting differently from traditional assets during certain market stresses. Assess Risk Tolerance: While showing store of value characteristics, Bitcoin remains volatile. Any allocation should align with your personal risk tolerance and investment goals. Long-Term Perspective: The store of value thesis is typically a long-term view. Short-term price swings are still likely. Stay Informed: Keep an eye on macroeconomic trends, geopolitical developments, and regulatory news, as these factors can influence both traditional markets and Bitcoin’s perceived role. NYDIG’s report serves as a reminder that the investment landscape is constantly evolving. As global policy uncertainty persists, assets like Bitcoin, with their unique properties, may continue to carve out new roles in investor portfolios. Conclusion: Bitcoin’s Emerging Role NYDIG’s analysis presents a compelling case for Bitcoin’s evolving role in the global financial system. By highlighting its observed decoupling from traditional equities and its behavior akin to traditional safe havens like gold during periods of heightened policy risk stemming from events like Trump trade policy announcements, the report underscores Bitcoin’s potential as a digital store of value. While challenges remain, including volatility and regulatory clarity, the fundamental characteristics of Bitcoin – its scarcity, decentralized nature, and increasing institutional acceptance – position it as a unique asset. As the world continues to grapple with economic shifts and political uncertainty, the narrative of Bitcoin as a potential safe haven and long-term store of value, distinct from other cryptocurrencies, is likely to grow stronger. To learn more about the latest crypto market trends , explore our article on key developments shaping Bitcoin institutional adoption.

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Strategy’s Bitcoin Holdings Exceed $50 Billion with Recent Purchase of 15,355 BTC Amid Price Surge

Strategically enhancing its cryptocurrency portfolio, Strategy recently boosted its Bitcoin holdings to over $50 billion, marking a significant milestone in the digital asset arena. This move reflects the company’s confidence

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Bitcoin (BTC) Golden Cross Is Here. This History Says It’s Bullish

The Bitcoin market is once again heating up as a major technical event has just occurred: the formation of a Golden Cross. According to a recent update shared by Merlijn The Trader on X, Bitcoin ($BTC) has officially completed the pattern that, historically, has been a precursor to massive bullish runs. Traders and investors alike are now watching closely, as historical data suggests that Bitcoin’s next major move could be nothing short of explosive. BITCOIN GOLDEN CROSS IS HERE! Past moves: 2016 → +139% 2017 → +2200% 2020 → +1190% Same signal. Same setup. $BTC next stop: the moon? pic.twitter.com/KA9wRBkczP — Merlijn The Trader (@MerlijnTrader) April 27, 2025 What Is a Golden Cross and Why Does It Matter A Golden Cross occurs when a shorter-term moving average, typically the 50-day moving average, crosses above a longer-term moving average, such as the 200-day moving average. In technical analysis, this is widely interpreted as a strong bullish signal, suggesting the beginning of a significant upward trend. For Bitcoin, the Golden Cross has been an exceptionally powerful indicator in previous market cycles. Merlijn The Trader highlighted key examples from the past where this signal preceded extraordinary gains, giving traders plenty of reasons to be excited. A Look Back at Past Golden Cross Events Merlijn pointed out that Bitcoin’s past Golden Cross formations have consistently preceded massive price surges. In 2016, following the cross, Bitcoin rallied an impressive 139%. The 2017 Golden Cross was even more dramatic, preceding a staggering 2,200% increase that saw Bitcoin reach its then-all-time high near $20,000. The 2020 Golden Cross was no less significant, leading to a 1,190% surge, catapulting Bitcoin above $60,000, and kicking off the historic bull run that defined the 2020-2021 cycle. With this powerful historical backdrop, the current Golden Cross is seen as a major bullish confirmation for Bitcoin’s trajectory in the months ahead. Is Bitcoin’s Next Stop the Moon? Given the setup and the technical confirmation, the mood across the Bitcoin community is becoming increasingly optimistic. While no technical signal guarantees future results, the consistency with which previous Golden Crosses have led to large upward moves is difficult to ignore. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Adding to the bullish case, the broader macroeconomic environment seems increasingly favorable for Bitcoin. Growing institutional interest, regulatory advancements in key markets, and the ongoing narrative of Bitcoin as “digital gold” are further strengthening the foundation for another major rally. As Merlijn The Trader hints, Bitcoin’s “next stop” could very well be “the moon,” especially if history repeats itself. The market is already beginning to show signs of rising momentum, with increased trading volumes, renewed retail interest, and a growing number of analysts raising their near-term price targets. The formation of a Bitcoin Golden Cross has once again captured the imagination of traders and investors worldwide. With history providing a bullish blueprint, many are now wondering not if, but how high Bitcoin could go from here. While caution is always warranted in volatile markets, the historical track record of this signal gives significant cause for optimism. If previous cycles are any indication, the current Golden Cross could mark the beginning of Bitcoin’s next legendary rally. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Bitcoin (BTC) Golden Cross Is Here. This History Says It’s Bullish appeared first on Times Tabloid .

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Whale Alert: Major ETH Shift as $1800 Short Turns into 7289 ETH Buy at $1825.8

COINOTAG News reports that on April 28th, significant movements in Ethereum (ETH) have been unveiled by WhaleAlert. A prominent whale, who had previously opened short positions on ETH near the

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Ripple rally holds above $2.30 — is XRP quietly heading toward much bigger targets?

Ripple price prediction leans bullish after recent gains, but is $2.50 the final wall standing between XRP and a return to larger macro trendlines? Table of Contents Ripple rallies amid positive momentum Ripple ecosystem updates XRP technical analysis Ripple price prediction Ripple rallies amid positive momentum After spending much of April trading within a relatively stable range, Ripple ( XRP ), the native token of the Ripple network, is beginning to show signs of a steady recovery. As of Apr. 28, XRP is priced around $2.32, reflecting a 7% gain over the past 24 hours. Over the past week, XRP has climbed about 10%, continuing a gradual rebound from its early April low near $1.64. The token’s trajectory appears to be gaining consistency, supported by renewed interest and a series of positive catalysts linked directly to the Ripple ecosystem. Amid this, trading activity has remained strong during this period. Daily trading volume has hovered around $5.2 billion over the last 24 hours, indicating sustained market engagement. Meanwhile, XRP’s market cap is now approaching $136 billion, securing its position as the fourth-largest crypto by market value. With XRP gaining momentum, what does the Ripple price prediction suggest about where it could go next? Let’s find out. Ripple ecosystem updates XRP’s recent price movement is being shaped by several developments that are altering how the market engages with the asset. One of the key catalysts is the upcoming launch of three new XRP exchange-traded funds from ProShares. ProShares plans to introduce the ProShares Ultra XRP ETF, the ProShares UltraShort XRP ETF, and the ProShares Short XRP ETF. Scheduled for Apr. 30, these funds will allow traders to gain leveraged exposure to XRP’s price through futures contracts. In traditional financial markets, spot ETFs typically launch before futures-based products. In the case of crypto assets, including Bitcoin ( BTC ) and Ethereum ( ETH ), futures ETFs have received approval first, and XRP is following a similar path. The announcement of ProShares’ XRP ETFs has contributed to a more positive sentiment around the asset. However, attention is already turning toward the potential launch of a spot XRP ETF, which would involve direct holdings of the token. Asset managers including Bitwise, 21Shares, and Grayscale have filed applications for spot XRP ETFs, and the U.S. Securities and Exchange Commission has formally acknowledged these filings. Based on usual review timelines, decisions could arrive around mid-October 2025, according to Bloomberg data. Outside the ETF space, Ripple’s ecosystem is also expanding in ways that could impact XRP’s long-term utility. Flare Networks, a blockchain platform focused on interoperability, is preparing to launch XRPFi on Apr. 29. This will introduce smart contract functionality for XRP holders, addressing a gap that the XRP Ledger has historically had. XRPFi will enable users to stake, lend, borrow, and trade using FXRP, a wrapped version of XRP. The platform uses Flare’s decentralized oracle system to provide real-time price feeds and decentralized services without requiring users to give up custody of their tokens. These developments, both in financial markets and at the protocol level, help explain why XRP’s price has strengthened in recent days and why market engagement around the asset remains elevated. XRP technical analysis As of Apr. 28, the technical setup for XRP points to a cautiously optimistic outlook, although short-term volatility remains a factor. XRP price chart | Source: crypto.news XRPis currently trading within a range of $2.18 to $2.35, with support established at $2.18 and immediate resistance near $2.36. The 14-day Relative Strength Index is positioned at 51, indicating strengthening bullish momentum and reinforcing the possibility of a developing upward trend. Alongside this, the 50-day moving average has been rising steadily, signaling that XRP’s short-term momentum remains positive. The 200-day moving average, which has been trending upward since late January, continues to support the broader view that the longer-term trend is healthy. Despite these positive indicators, some caution remains necessary. XRP has recently pulled back below a rising parallel channel, a technical development that raises concerns about the sustainability of the current rally. If the price fails to reclaim resistance near $2.36, there is a risk that it could decline toward $2.10 or lower in the near term. If buyers are able to push XRP above the $2.50 level, the asset could open a path toward the $3 mark, a level last reached in January 2025. In the coming days, how XRP behaves around these key levels will be important in shaping its next direction. Ripple price prediction XRP’s price predictions indicate a cautiously optimistic outlook. Various analyses and forecasting tools present a range of possible outcomes across both the short and long term. One perspective comes from a technical analysis by Dark Defender, who has applied Elliott Wave theory to XRP’s long-term chart. People are getting distracted, but don't be. Next week might be volatile. #XRP will continue to climb to the top. I will make a projection for you for the Bull Run! Tick-Tock ⏰ pic.twitter.com/vBKuakitne — Dark Defender (@DefendDark) April 27, 2025 According to his view, XRP is currently completing a corrective phase, identified as Wave (4), within a descending wedge pattern. The expectation is that a breakout could occur soon, initiating Wave (5), which would likely represent a strong upward move. Based on Fibonacci extension levels, the primary target is around $5.85, with the minimum breakout confirmation seen if XRP moves above $3.39. A more speculative scenario, which depends on broader market conditions, suggests potential upside as high as $8.50. However, this remains a secondary case rather than the core expectation. Meanwhile, according to CoinCodex, XRP’s five-day projection points toward a possible rise to approximately $2.51, in line with the continuation of the recent positive trend. Their one-month and three-month forecasts, however, show a potential pullback, with targets near $1.99 and $1.69 respectively, suggesting that while immediate momentum could stay positive, a period of consolidation or retracement cannot be ruled out. Amid this, DigitalCoinPrice provides a longer-term outlook extending through 2030. For 2025, they project an average price around $4.90, with a potential high near $5.09. Their forecasts for the period between 2026 and 2030 indicate a gradual climb, with XRP potentially reaching an average price of $12.21 by the end of the decade. As always, it is important to remember that this remains a technical outlook based on historical price behavior. Real-world factors, liquidity conditions, and broader market sentiment will ultimately determine whether this projected path materializes. Trade wisely and never invest more than you can afford to lose.

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Ripple (XRP) Price Predictions for This Week

XRP continues to move higher after successfully testing $2 as support. Key Support levels: $2, $1.6 Key Resistance levels: $2.6, $3 1. Buyers are Returning With the key support at $2 secured, XRP has a clear path to move to the next imporant target at $2.6. If the price is able to break that resistance, then a move toward $3 becomes likely as buyers will rush to take advantage of the current uptrend. Chart by TradingView 2. Key Resistance at $3 Even if bulls manage to make it to $3, they will have to face a stiff resistance at that level where the price was rejected twice in the past. Sellers always returned there to challenge any attempts by XRP to escape higher. It is critical for $3 to turn into a support if buyers want to go higher later. Chart by TradingView 3. MACD Bullish Cross The buy momentum is quickly gathering strength with a clear bullish cross on the 3-day MACD. This is a significant change after the MACD moving averages were in a downtrend since late January. This cross can be the start of a sustained rally in the days and weeks to come. Chart by TradingView The post Ripple (XRP) Price Predictions for This Week appeared first on CryptoPotato .

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Strategy bags 15,355 Bitcoin for $1.42B as price surged above $90K

Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000. In an April 28 announcement , Strategy reported acquiring 15,355 Bitcoin ( BTC ) between April 21 and 27. The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by roughly 3% to a total of 535,555 BTC worth more than $50 billion. An excerpt from Strategy’s Form 8-K filing with the United States Securities and Exchange Commission. Source: Strategy Strategy’s latest buy is its largest since late March, when the firm bagged 22,048 Bitcoin for $1.92 billion at an average price of $86,969 per BTC. Strategy’s Bitcoin yield is at 13.7% Announcing the purchase on X, Strategy co-founder Saylor said the firm has achieved the BTC yield of 13.7% year-to-date. “As of April 27, we hodl 553,555 BTC acquired for approximately $37.90 billion at $68,459 per Bitcoin,” Saylor noted. Source: Michael Saylor Strategy’s BTC yield — an indicator representing the percentage change of the ratio between its BTC holdings and assumed diluted shares — amounted to 74% in 2024 . The company expects to reach a BTC yield target of 15% in 2025. This is a developing story, and further information will be added as it becomes available. Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26

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Nike and Major Brands Consider Retreat from NFTs Amid Legal Challenges and Market Decline

The recent retreat of major brands from the NFT market highlights significant challenges in the evolving landscape of digital assets. After experiencing initial excitement, brands are recalibrating their approach to

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