Binance met U.S. officials to seek reduced oversight and explore collaborations. Continue Reading: Binance Seeks Greater Autonomy and Collaborations in the U.S. The post Binance Seeks Greater Autonomy and Collaborations in the U.S. appeared first on COINTURK NEWS .
Pi Network price is on a bullish streak today, April 12, after recording a staggering 10% gain in the last 24 hours. These gains pushed Pi Coin to an intraday high of $0.70, with its market cap also surging past $4.5 billion. This article explores whether Pi Coin can sustain this rally and what is driving the momentum. Pi Network Price Gains 12% in 24 Hours Pi Network price has outperformed the rest of the crypto market this week with a staggering 40% gain in the last seven days. Several factors are driving this uptrend including market conditions and economic factors. One of these factors is the recovery across the broader crypto market. At press time, most of the top 10 largest cryptos were trading in the green. This broader crypto market recovery could support a Pi Network price rally. Such gains may also shift the market sentiment to positive, supporting a strong uptrend for the Pi Network token. The second factor that will bolster the gains is shifting macro conditions. A recent report by the Financial Times noted that the Federal Reserve was ready to take measures to ensure normality in the financial markets. If the Fed intervenes with emergency rate cuts , it might bolster a recovery for Pi Network price. Reduced interest rates will free up capital that can be used to buy risk assets such as crypto, which will bode well for the price of Pi Coin. A previous Coingape article also reported that Pi Coin is gaining utility. This rising utility means that investor confidence in the Pi Network token is rising, which is good for the price. Pi Network Technical Analysis Pi Network price has formed a bullish structure and could extend its gains after today’s 12% rally. On the 4-hour chart, Pi Coin had formed an ascending triangle pattern, which often shows a bullish continuation. If it breaches the resistance zone at $0.65, it will support a bullish Pi Network price prediction . The Relative Strength Index (RSI) on the Pi Network chart has also risen to 66, indicating growing bullish momentum. The upward trend of the RSI further shows that the buying pressure is growing strong. The MACD indicator further confirms the bullish thesis for Pi Coin price after forming a bullish crossover above the signal line to enter the positive region. The increasing histogram bars further show the onset of buyer activity. PI/USDT: 4-Hour Chart The four-hour price chart shows that Pi Network price might sustain its uptrend in the near term. If the market conditions remain the same where Bitcoin and altcoins are rallying, the token could extend its gains. Additionally, a shift in the US economic climate with a possible Fed rate cut will also bolster gains. The post Pi Network Price Bounces 12% in 24 Hours – What’s Driving the Rally? appeared first on CoinGape .
The latest update from crypto exchange titan Binance has left traders speculating over a potential price impact on 10 crypto assets. An official press release by the exchange on Saturday, April 12, revealed that the collateral ratio of 10 tokens under portfolio margin is being updated. These tokens include DENT, ENJ, NOT, DASH, CHZ, AXS, ENS, SAND, THETA, and QNT. Binance Updates Collateral Ratio For 10 Crypto Under Portfolio Margin According to a recent Binance announcement , collateral ratios for the abovementioned crypto tokens will primarily be reduced shortly ahead. The exchange revealed that the new ratios will be visible on the platform starting April 18 at 06:00 UTC. This phenomenon raises market concerns as lower collateral ratios mean reduced borrowing power. Market participants can use less of these assets’ value as collateral. This also shrinks their margin buying power, limiting their ability to open or maintain trade positions. Broadly speaking, the impact could be forced portfolio adjustments as market participants look to mitigate potential losses. Here Are The New Collateral Ratios Source: Binance official site Binance added that the update will also affect the Unified Maintenance Margin Ratio (uniMMR). “Users should monitor uniMMR closely to avoid any potential liquidation or losses that may result from the change of collateral ratio,” the leading crypto exchange notified. How Are The Crypto Performing? As mentioned above, the new update ignited cautious investor sentiments about the assets’ prices due to the downsized market and trade offerings. Nevertheless, most of the mentioned crypto tokens have traded in the green against the backdrop of the broader crypto market trend. DENT price was up by 3% and traded at $0.0006567. ENJ price also jumped over 2% and exchanged hands at $0.06690. NOT price witnessed a slight 1% increase in value, closing in at $0.001882. DASH price was also up nearly 2% to $20.69. ENS price soared nearly 3% and exchanged hands at $14.37. SAND price likewise gained nearly 0.5% to reach $0.2609. Also, QNT price surged roughly 2.5% and is currently sitting at $65.77. On the other hand, tokens like CHZ, AXS, and THETA traded in red territory. Market watchers continue to thoroughly eye the tokens for price action shifts ahead. It’s also worth mentioning that Binance has revealed plans to list ONDO, VIRTUAL, and BIGTIME tokens recently, further revolutionizing its trade offerings. The post Binance Issues Important Update On 10 Crypto, Here’s All appeared first on CoinGape .
Momentum is building fast for XRP and Solana , both showing strong weekly growth and renewed investor excitement. Meanwhile, Bitcoin (BTC) is holding its ground but hasn’t matched the same pace—at least not yet. While the majors dominate headlines, many early investors are shifting their attention toward MAGACOINFINANCE , which is building major traction through structure, timing, and growing demand. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – Structure, Scarcity, and Strategic Timing MAGACOINFINANCE isn’t chasing buzz—it’s building a foundation. With a hard cap of 100 billion tokens , no early unlocks, and zero private allocations, the token is designed to put regular investors first. Its current offering price sits at $0.002804 , with a confirmed exchange listing set at $0.007 , offering a built-in 2,396% upside . But more than numbers, it’s the execution that’s turning heads. From rising wallet activity to an active and growing online community, this project is proving that fair structure and smart timing still matter. Traders are getting in early—not just because it’s new, but because it’s built differently. MAGA50X Bonus – Still Available The MAGA50X bonus promotion is live, offering a 50% token bonus to all contributors. Once final allocation is claimed, the offer ends permanently. TON, ADA, LINK, and XLM Continue Delivering Value TON pushes forward with blockchain-based messaging solutions. Cardano (ADA) builds out governance tools and smart contract support. Chainlink (LINK) holds near $12.82 , anchoring decentralized data feeds. Stellar (XLM) trades close to $2.113 , supporting low-cost global payments. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CODE MAGA50X Conclusion With XRP and Solana leading the charge and BTC holding steady, momentum is shifting fast. TON , ADA , LINK , and XLM add vital depth to today’s evolving crypto landscape. And for early-stage positioning in a retail-first model, MAGACOINFINANCE continues to emerge as one of 2025’s sharpest setups. For more information and to participate in the pre-sale: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: XRP and Solana Are Running Hot—Can BTC Catch Up?
Bitcoin might be approaching a crucial moment, with historical trends and significant moves by large investors hinting at a major rise. This article explores these signals and highlights five cryptocurrencies that could be poised for substantial gains, potentially offering returns up to 500 times the initial investment. The insights presented could point to remarkable opportunities ahead. XYZVerse Sets a New Trend, Could This be the Next 50X Meme Coin? The buzz around XYZVerse is real. As the first-ever all-sports meme token, it’s attracting both sports fans and crypto enthusiasts, creating a unique crossover that’s gaining serious traction. With a strong presale and an engaged community, some investors are already eyeing major potential gains. More Than Just a Meme Coin Unlike most meme coins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value. Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.003333 by Stage 12, with over 70% of the $15 million milestone already raised. Investors who got in early have secured a steep discount, and with a final presale target price of $0.1, those numbers have people paying attention. Still Time to Get in Before the Presale Ends Bullish Mood on $XYZ XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating $XYZ to grow. XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster , who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.” Of course, in crypto, nothing is guaranteed, but the excitement is undeniable. Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for $XYZ over time. A Community-Driven Project With Big Plans One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start—there are already talks with major sports celebrities to help boost visibility. By bringing together traditional sports fans and the fast-moving crypto space, XYZVerse is building something different—something with entertainment value and real engagement. Could XYZVerse Be the Next Big Meme Coin? With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever—so if you’re interested, now might be the time to take a closer look. Join XYZVerse, the Next Moonshot Opportunity Solana’s Sprint: The Future of Fast Decentralized Apps In the world of blockchain platforms, Solana is making waves with its focus on speed and scalability. Unlike competitors like Ethereum and Cardano, Solana doesn’t rely on splitting tasks or adding extra layers to boost performance. Instead, it uses unique designs to handle more transactions quickly. This makes it a solid choice for developers building decentralized apps. With support for different programming languages, Solana offers flexibility for those looking to create the next big thing in blockchain. At the heart of Solana is SOL, its native cryptocurrency. SOL powers the entire ecosystem, facilitating transactions and rewarding network supporters. In the current market, where scalable and efficient blockchain solutions are in demand, SOL stands out. As developers and investors seek platforms that can handle busy services, Solana’s high-capacity network puts it in a strong position. Compared to other coins, SOL’s focus on speed and ease of development makes it an attractive option today. Cardano’s ADA: The Eco-Friendly Crypto Shaping the Future of Blockchain Cardano is making waves in the cryptocurrency world. It’s a flexible and sustainable platform built for smart contracts. This means developers can create apps for finance, new tokens, or even games. At the heart of Cardano is its native coin, ADA. Similar to Ethereum’s ETH, users can make payments, store value, or earn rewards by staking ADA on the network. What sets Cardano apart is its green approach. Instead of using lots of energy like some others, it uses a system called Ouroboros, which is much kinder to the environment. One of Cardano’s big ideas is how it’s built. It has two layers. One handles transactions, and the other runs smart contracts. This design could let it process up to a million transactions every second someday. That’s a huge deal in the crypto space. Since March 2021, Cardano has made it easier and cheaper to interact with smart contracts. This boosts its efficiency and scalability. In a market pushing for greener and faster solutions, ADA stands out. Compared to others, its focus on sustainability and speed could make it a strong player in the future of blockchain. Ethereum’s Next Chapter: A Leader in Decentralized Innovation Ethereum isn’t just another blockchain—it’s the pioneer of smart contracts and a hub for decentralized apps. Since its launch in 2015 by Vitalik Buterin, it has transformed how we think about finance and technology. With Ethereum, developers can build decentralized finance (DeFi) platforms, and Layer 2 solutions like Arbitrum and Polygon make transactions faster and cheaper. In 2022, Ethereum shifted to a Proof-of-Stake system with the Merge, making the network more energy-efficient. Looking ahead, Ethereum plans to introduce sharding to improve scalability and lower costs even more. Ether (ETH), the network’s native coin, is essential for transactions and rewards. It remains a valuable asset for trading and as collateral. Compared to other coins, Ethereum’s continuous upgrades and active community make it stand out. With the crypto market evolving and technologies advancing, ETH looks promising in the current cycle. Its strong foundation and future plans could make it an attractive option for those interested in the crypto space. Bitcoin Unveiled: The Original Cryptocurrency’s Potential Today Bitcoin is the world’s first cryptocurrency, created by someone known only as Satoshi Nakamoto. It was introduced as a new form of electronic cash. Unlike traditional money, Bitcoin doesn’t rely on banks or governments. Instead, it works through a technology called blockchain, which is like a shared record kept across many computers. People called miners check and approve transactions by solving complex puzzles, and in return, they earn new bitcoins. This system aims to make transactions secure and prevent fraud. Bitcoin’s design limits it to 21 million coins, making it scarce like gold. Every four years, the reward miners get is cut in half, in an event called “halving.” This can influence the price and the health of the network. Right now, Bitcoin remains the most well-known and valuable cryptocurrency. With increasing interest from big investors and companies, Bitcoin’s potential continues to grow. While newer coins offer different features, Bitcoin’s strong foundation and widespread acceptance make it an attractive option in today’s market. Its technology and limited supply could mean it will keep playing a key role in the future of money. Conclusion Bitcoin’s potential surge highlights cryptos like ETH, ADA, SOL, but XYZVerse (XYZ), the first all-sport memecoin, uniquely blends sports and meme culture, aiming for significant growth. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse
The post SafeMoon V2 Price Prediction: When Will SFM Retest its All-time High? appeared first on Coinpedia Fintech News Story Highlights The live price of the SFM token is $ 0.00003827 . The SFM price could reach a high of $0.000165 in 2025. The future growth success rate for SFM is heavily dependent on the adoption rate for the VGX ecosystem. The SafeMoon (SFM) project has gradually signaled bullish momentum since the acquisition by VGX Foundation post-bankruptcy. The new Safemoon team has been working on regaining the community’s trust after the former team was charged by the Department of Justice with wire fraud and money laundering. The commitment to deflate the SFM tokens by the VGX team will play a crucial role in its price action in the next five years. Considering the fundamental aspects of the Safemoon project, Coinpedia formulated a technical SFM price prediction for the next five years. Table of contents Overview FAQs .shortcode_title h6 { font-size: 14px; font-weight: 600; margin-bottom: 0; margin-left: 5px; } .top-gainer { background: transparent; border-radius: 10px; padding: 0; margin-bottom: 15px; } .top-markets { background: #fff; padding: 10px 10px 3px; border: 1px solid #eee; text-align: center; border-radius: 8px; position: absolute; z-index: 99; } .top-gainers-loosers ul { padding-left: 0 !important; margin-left: 0; overflow: auto; white-space: nowrap; } .top-gainer h2 { font-size: 16px; } .top-gainers-loosers ul li .top-gainer-desc { background: #fff; border-radius: 5px; padding: 10px; border: 1px solid #0052CC4D; } .top-gainer-desc h4 { font-size: 14px; font-weight: 400; line-height: 22px;}.top-gainer-desc .color-green { color: #0DA71D; font-size: 12px; font-weight: 300; line-height: 20px; float: right;}.color-green img, .color-red img { width: 12px; display: initial;} .top-gainers-loosers ul li { padding: 5px; width: 200px; margin: 0 !important; vertical-align: top;}.top-gainer h3 { font-size: 13px; margin-top: 0px; font-weight: 500; max-width: 150px; white-space: nowrap; overflow: hidden; text-overflow: ellipsis; }.top-gainer-desc h3 span{ color: #171717B2; font-weight: 400;}.top-gainer-desc .color-red { color: #ff3e55; font-size: 12px; font-weight: 500; line-height: 20px; float: right;}.top-gainers-loosers .curve-image{border-radius: 50%;}/* .top-gainers-loosers ul::-webkit-scrollbar { height: 5px; border-radius: 50px;} *//* .top-gainers-loosers ul::-webkit-scrollbar-track { background-color: #f1f1f1; } */.top-gainers-loosers ul::-webkit-scrollbar { display: none; /* Hides the scrollbar in WebKit browsers */}/* For Firefox */.top-gainers-loosers ul { scrollbar-width: none; user-select: none;}.circle-image{ border-radius:50px;} Market Top Gainer 4444 Meme/ 4444 $ 0.001080 331.265% Wayfinder/ PROMPT $ 0.500712 164.193% MANEKI/ MANEKI $ 0.002226 98.662% Babylon/ BABY $ 0.148382 72.829% Butthole Coin/ BHC $ 0.013633 52.772% document.addEventListener("DOMContentLoaded", function () { const gainersContainer = document.querySelectorAll('.top-gainers-loosers'); gainersContainer.forEach(container => { const list = container.querySelector('ul'); // Select the first ul within this container // Attach event listeners for drag scrolling list.addEventListener('mousedown', handleMouseDown); list.addEventListener('mouseleave', handleMouseLeave); list.addEventListener('mouseup', handleMouseUp); list.addEventListener('mousemove', handleMouseMove); });});// Named functions for handling eventslet isDown = false;let startX;let scrollLeft;function handleMouseDown(e) { isDown = true; this.classList.add('active'); // Optional: for styling active state startX = e.pageX - this.offsetLeft; scrollLeft = this.scrollLeft;}function handleMouseLeave() { isDown = false; this.classList.remove('active'); // Optional: remove active state}function handleMouseUp() { isDown = false; this.classList.remove('active'); // Optional: remove active state}function handleMouseMove(e) { if (!isDown) return; // Stop the function from running if mouse is not down e.preventDefault(); // Prevent text selection const x = e.pageX - this.offsetLeft; const walk = (x - startX) * 2; // Scroll-fast this.scrollLeft = scrollLeft - walk;} Overview Cryptocurrency SafeMoon V2 Token SFM Price $ 0.00003827 -1.68% Market cap $ 0.00 Circulating Supply 0.00 Trading Volume $ 275,478.4609 All-time high $ N/A All-time low $ N/A SafeMoon V2 (SFM) Price Prediction 2025 In the weekly timeframe, SFM price, against the US dollar, has been hinting on a potential reversal in the near future. The small-cap altcoin has formed a potential inverted head and shoulders (H&S) pattern, coupled with bullish divergence of the Relative Strength Index (RSI). SFM V2 price analysis Year Potential Low ($) Average Price ($) Potential High ($) 2025 $0.00002014 $0.00013 $0.0024 SafeMoon V2 Price Prediction For 2026 – 2030 Year Potential Low Average Price Potential High 2026 $0.000029 $0.0001911 $0.003504 2027 $0.00004205 $0.0002771 $0.005046 2028 $0.00005718 $0.0003935 $0.007266 2029 $0.000072 $0.0005351 $0.0104 2030 $0.00008784 $0.0006742 $0.014 Safemoon V2 Coin Price 2026 Considering the four-year crypto cycle and the ongoing regulatory outlook, SFM price may reach a peak of $0.003504 and a low of about $0.000029 in 2026. SFM Crypto Price Prediction 2027 The value of SFM price in 2027 will largely follow the general crypto outlook, with a potential peak of about $0.005046 and a possible low of around $0.00004205. Safemoon V2 Crypto Price 2028 As the next Bitcoin halving year, which coincides with the U.S. Presidential election, SFM’s price action will be heavily influenced by the two events. Based on Coinpedia’s projections, the SFM price may reach a peak of $0.007266 and a potential low of about $0.00005718 SFM Price Prediction 2029 By 2029, the crypto market adoption is anticipated to have attracted more retail and institutional investors. Consequently, the SFM price could reach a peak of $0.0104 and a possible low of about $0.000072. Safemoon V2 Price Prediction 2030 The value of SFM may end this decade at a peak of about $0.014 and a possible low of around $0.00008784 Market Analysis Firm Name 2025 2026 2030 Pricepredictions $0.00006945 $0.000108 $0.000262 CoinCodex $0.00008434 $0.00005858 $0.000134 * Figure above represents peak forecasting for respective end of years by the different firms CoinPedia’s SFM V2 Price Prediction According to Coinpedia’s formulated Safemoon price predictions for 2025, if the wider crypto market records a bullish recovery in the coming months, the SFM price may hit a peak of $0.0024 this year. On the other hand, if the crypto market continues with capitulations, SFM price may reach a low of about $0.00002014 in 2025. Year Potential Low Average Price Potential Low 2025 $0.00002014 $0.00013 $0.0024 Check out our Ravencoin (RVN) price prediction for 2025-2030 and discover where this blockchain asset could be heading! FAQs Will SFM rally to the ‘moon’ in 2025? Based on broader crypto market outlook and the developments by the VGX team, SFM price may retest its ATH in 2025. Is Safemoon dead? The Safemoon project was revived by the VGX Foundation following the bankruptcy case and money laundering charges for the founding team. Is SFM a good investment in the next five years? Having been heavily oversold in the past years, amid ongoing ecosystem growth by the VGX team, considering SFM in the coming years is prudent. Top factors that may influence SFM in coming years. The wider crypto regulatory outlook and the adoption rate for the VGX ecosystem. Where to buy SFM tokens? The SFM tokens are listed for trading by Gate.io, MEXC, BitMart, and PancakeSwap V2. SFM GATEIO
Soneium New Game:- In a move that signals the increasing convergence of artificial intelligence and blockchain technology in gaming, Sony-powered blockchain, Soneium has launched its latest on-chain game, “Crystal Caves.” Launched in partnership with World3, the game combines AI-powered gameplay with real-time incentives. This AI-driven onchain game is built on the “Play-to-earn” model – allowing users to earn $USDC. Notably, this launch comes at a time of exponential growth in the blockchain gaming sector. With the growing adoption of AI in Blockchain gaming, gaming ecosystems with blockchains like Soneium are trying to curb the challenges of network latency by providing augmented reality experience. What is Soneium’s New Game, Crystal Caves Crystal Caves is an AI-driven, multichain on-chain mining game launched by WORLD3 in collaboration with Soneium. Built on the SKALE Network, the game on Soneium delivers a seamless, gas-free user experience. It offers real-time rewards and intelligent in-game dynamics. In Crystal Caves, players explore procedurally generated 3D cave environments to mine valuable resources like Lumens and SOUL Dragons. Gamers play the game while earning stablecoin incentives in USDC. Interestingly, what sets Crystal Caves apart is its integration of autonomous AI agents that guide gameplay, perform automated tasks, and enhance user interaction. These AI agents evolve based on player behavior and choices, creating a personalized and strategic experience. The Soneium- World3 game also supports cross-chain functionality and is currently live on SKALE, Base, and B² Network. With new integration on Soneium, it has plans to expand to opBNB and Sui. Players can also participate in quests, mining campaigns, and competitive leaderboards to unlock exclusive rewards. The game launch reflects a broader trend in the Web3 gaming space – combining decentralized infrastructure, AI logic, and real-world incentives to redefine digital ownership and interactivity. Notably, the Japanese tech giant Sony launched Soneium , its Layer-2 blockchain this year only. Soneium gaming ecosystem is growing! @WORLD3_AI , an AI-powered Autonomous World featuring AI agents, has officially launched Crystal Caves on Soneium! Start exploring caves and compete to be rewarded: https://t.co/4Em5tspBvG In Crystal Caves AI Agents and humans co-compete… pic.twitter.com/XVHC1zNa3R — Soneium (@soneium) April 11, 2025 Future of AI-Driven OnChain Gaming Market Soneium’s Game Launch come at a strategic timing. In 2024, the blockchain gaming sector experienced a substantial increase in daily unique active wallets (dUAW), reaching 7.4 million—a 421% growth from January 2024. The centre of this growing market is the increasing integration of AI agents in games. These agents are capable of acting autonomously on gamers’ behalf in the gaming ecosystem. As the autonomous, intelligent programs, they operate within a game’s logic—interacting with environments, users, and other agents. Further, in on-chain games, these agents are integrated into smart contracts or decentralized logic, making their actions transparent, verifiable, and trustless. According to a report by Custom Market Insights, the global blockchain gaming market was valued at $10.2 billion in 2024. It is projected to grow at a compound annual growth rate (CAGR) of 67.7%, reaching approximately $304.3 billion by 2033. Top AI*Gaming Players | Source This growth is driven by the rising adoption of augmented reality (AR) and virtual reality (VR) games, which increasingly incorporate AI to enhance user experiences. Further, another report from the industry highlights that the AI in games market size is forecast to increase by USD 27.47 billion at a CAGR of 42.3% between 2024 and 2029. Thus, this positions Soneium’s launch of Crystal Caves as both timely and strategic, capturing two of the fastest-growing trends in the gaming world. The post Soneium Launches AI-driven ‘Crystal Caves’ as Onchain Gaming Market Eyes $304B by 2033 appeared first on CoinGape .
Amidst the nearing XRP lawsuit settlement, the US SEC released the long-awaited Hinman report, sparking controversy. Despite this development, the XRP community remains disappointed, as the Inspector General’s report on Bill Hinman’s controversial speech reportedly lacks clarity. Experts like John Deaton and MetaLawMan highlight the inconsistencies in the IG’s Hinman report. Let’s analyze their statements and the report’s key implications on the XRP lawsuit. XRP Lawsuit: Experts Reveal Inconsistencies in Hinman Report Although the US SEC has released the Inspector General’s Hinman report, the XRP community raises concerns about its inconsistencies. Prominent players like John Deaton and MetaLawMan, who have been vocal throughout the XRP lawsuit, emphasized the IG’s “whitewashing” of William Hinman’s Ethereum speech. Significantly, XRP lawyer John Deaton posited that the IG’s Hinman report is flawed. He added that the IG is competent, hinting at her biased findings. Listing a few reasons for his statement, Deaton wrote, “Here’s a few points off the top of my head that proves the IG is either incompetent or something else is at play.” What Are John Deaton’s Findings? In his recent X post, John Deaton pointed out several reasons for his disappointment with the IG report of Bill Hinman’s speech . According to Deaton, the IG’s claim that owning ETH wouldn’t constitute a conflict of interest contradicts SEC policies that prohibit token ownership to prevent conflicts. The XRP lawyer highlighted multiple points to question the report’s credibility. Hinman’s Meetings with Simpson Thacher Reportedly, Bill Hinman met his partners at Simpson Thacher, despite warnings from SEC Ethics. One of the partners Hinman met with was involved in the Canaan IPO, a company that manufactured Ethereum (ETH) mining equipment. This raises questions about potential favoritism or influence. Were Hinman’s Words Personal? In the XRP lawsuit, Hinman claimed that his speech that deemed Ethereum as a non-security represented his personal opinion. In contradiction, the IG stated that it was collaborative. Previously, John Deaton urged the SEC to release the Hinman report to provide more clarity to the ongoing crypto case, including the XRP lawsuit. Though the SEC publicized the report, he remains disheartened due to the IG’s biased statements. Experts Slam IG’s Hinman Report Furthermore, lawyer MetaLawMan underscored the “narrow scope” of the IG’s investigation of Hinman’s speech. According to him, the investigation was limited to determining whether Hinman broke any criminal laws rather than thoroughly examining potential conflicts of interest or ethics violations. Moreover, highlighting its biased nature, the XRP proponent stated, “And, of course, the investigation was conducted, and the report completed, under the Gensler regime.” What’s Next for the XRP Lawsuit? In a surprising development, the US SEC dropped its appeal in the XRP lawsuit, after which Ripple withdrew its cross-appeal . Despite this development, the ultimate settlement of the case remains uncertain, sparking multiple interpretations. Many believe that an imminent settlement is likely in the XRP case. However, the Hinman report’s inconsistencies have further complicated the Ripple lawsuit, with uncertain implications for its outcome. The post XRP Lawsuit: Ripple Community Remains Disappointed With Hinman Report, What’s Next? appeared first on CoinGape .
COINOTAG reported on April 12th that DWF Labs has initiated the addition of liquidity for the newly launched USD1 stablecoin from the DeFi project WLFI. This stablecoin, notably supported by
Ethereum sees rising skepticism as market dominance wanes and competitors gain traction. ONDO surges in popularity following its Binance listing and strong community backing. Solana, Orca, and XCN trend upward amid bullish sentiment and increased trading activity. As the weekend kicks off, data from the market intelligence platform Santiment shows top crypto conversations range from fresh questions about Ethereum to excited talk surrounding ONDO and Orca. Why Are Crypto Watchers Questioning Ethereum’s Path Forward? While traditionally seen as the go-to platform for dApps and smart contracts, Ethereum now meets fresh doubt from parts of the crypto world. Specifically, concerns are emerging about its long-term viability. Users point to its declining market dominance and rising competition from alternative layer-1 chains like Solana and Avalanche. Notably, since this year started, the price of ETH has tanked by 52% to trade near $1,580, the same level it traded three years ago. This underwhelming performance compared to Bitcoin is what has raised apprehension among market participants. Social Media Excitement for the Newly Binance-listed ONDO Mean… The post Weekend Trending in Crypto: Ethereum Under Scrutiny, ONDO Surges on Binance Listing, Solana & Orca Make Waves appeared first on Coin Edition .