While crypto prices have seen short-term pullbacks, long-term projections for Solana , Bitcoin (BTC) , and XRP remain firmly bullish. Analysts continue to see substantial upside—up to 50x in some forecasts—citing growing adoption, solid fundamentals, and historical patterns that favor strong rebounds from market corrections. Alongside these headline assets, established players like Ethereum (ETH) , Cardano (ADA) , Hedera (HBAR) , and Chainlink (LINK) remain active in development and institutional partnerships. Yet among early-stage launches, few are drawing more attention than MAGACOINFINANCE , a transparent, retail-first token model that’s rapidly gaining steam. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CO-DE MAGA50X MAGACOINFINANCE – Public-Powered and Built for Real Growth MAGACOINFINANCE has now raised over $5.3 million , powered entirely by public participation. There are no private sales, no early unlocks, and no preferential treatment—every token sold has been offered at a flat $0.0002704 , with a confirmed listing at $0.007 , giving early contributors a 2,488% upside even before open trading. What makes MAGACOINFINANCE different is its simplicity and fairness. With a fixed 100 billion token supply and a growing community that’s actively sharing the project across platforms, it’s become a rare example of a crypto launch that truly favors retail participants over institutions. With the final tokens quickly being claimed, this is one of the last chances to gain access before the project hits centralized exchanges. PRE-SALE SELLING OUT -CLICK HERE TO JOIN A BILLION DOLLAR PROJECT MAGA50X BONUS – FINAL OPPORTUNITY TO GET 50% MORE The MAGA50X promotion remains live and gives all contributors an additional 50% bonus in token allocation. Once the remaining supply is sold, the offer ends permanently. ETH, ADA, HBAR, and LINK Remain Developer Favorites Ethereum (ETH) continues to lead in smart contract execution and ecosystem depth. Cardano (ADA) pushes forward with network improvements and governance upgrades. Hedera (HBAR) maintains focus on scalable, enterprise-level distributed ledger solutions. Chainlink (LINK) supports multi-network communication through its trusted oracle network. JOIN 10,000+ INVESTORS-CLICK HERE TO SECURE A SPOT NOW Conclusion Despite recent dips, the long-term picture for Solana , Bitcoin (BTC) , and XRP remains strong, with many projecting significant returns by 2025. Paired with sustained development from ETH , ADA , HBAR , and LINK , the broader market remains vibrant. Meanwhile, MAGACOINFINANCE continues to carve out its place as one of the most promising new tokens for retail-focused investors looking ahead. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Despite the Dip, Solana, Bitcoin (BTC), and XRP Still Show 50x Upside
A Nigerian court has delayed proceedings in the tax evasion case involving Binance and two of its executives until April 30, allowing more time for the country’s tax authority to respond to a legal challenge raised by the cryptocurrency exchange. The Nigeria Federal Inland Revenue Service (FIRS) had earlier secured a court order to serve legal documents on Binance via email, citing the platform’s lack of a physical presence in Nigeria. Binance’s legal counsel, Chukwuka Ikwuazom, argued that the court order permitting substituted service was granted improperly, as the tax authority failed to seek court approval to serve documents on a foreign entity. According to Ikwuazom, Binance is registered and domiciled in the Cayman Islands and, therefore, should not be subject to local procedures without explicit judicial consent. The defense has filed a motion to annul the order issued by the court on February 11. $81.5 Billion in Claims and Allegations of Currency Impact The legal action is part of broader efforts by Nigerian authorities to assert regulatory control over cryptocurrency operations. The Nigerian government is seeking $79.5 billion in damages for alleged economic disruptions caused by Binance’s operations and an additional $2 billion in back taxes. Authorities claim that the exchange played a role in exacerbating the volatility of the naira by facilitating crypto-based currency exchanges. In 2024, two Binance executives were detained amid rising scrutiny of cryptocurrency platforms in Nigeria. The government argues that Binance’s activities amount to a “significant economic presence,” making it liable for corporate income tax under Nigerian law. The FIRS is pursuing taxes for fiscal years 2022 and 2023, alongside a 10% annual penalty on the unpaid amounts. Binance has stated that it is cooperating with the FIRS to resolve any historic tax obligations and remains engaged with Nigerian authorities on the matter. Implications for Crypto Regulation and International Jurisdiction The ongoing legal developments raise broader questions about jurisdictional authority in the digital age. The court’s decision to initially allow email service on a company without a local physical presence may test the boundaries of Nigeria’s legal system in dealing with cross-border digital entities. The challenge posed by Binance’s legal team reflects the complexities of international law, particularly in cases involving digital asset platforms that operate across multiple jurisdictions. The case may also influence future regulatory frameworks in emerging markets, especially those seeking to curb the potential for cryptocurrencies to circumvent traditional financial oversight. As more countries explore central bank digital currencies and digital tax compliance, the Binance case could become a benchmark for how similar disputes are handled globally. The outcome of the April 30 hearing could shape the regulatory roadmap for crypto firms operating in regions with evolving financial laws. Featured image created with DALL-E, Chart from TradingView
Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in
Singapore, 9 April – HTX DAO recently unveiled its official $HTX Holding-Based Voting Mechanism. This significant development marks a pivotal shift in HTX DAO’s governance system , transitioning from “proposal discussion” to “on-chain decision-making”. This launch propels HTX DAO closer to its vision of becoming the “People’s Exchange”, setting a new benchmark for financial democratization within the Web3 landscape. Participate in Voting: https://www.htxdao.com/en-us/proposals Governance Evolution: From Community Input to On-Chain Action Since the inception of the HTX DAO Forum, the community has actively engaged in robust discussions on key areas including asset listings, fee optimization, and ecosystem incentives. The introduction of the $HTX Holding-Based Voting Mechanism now completes the “proposal-voting-execution” governance cycle. This crucial step reflects HTX DAO’s systematic restructuring into a clearly defined “three-layer governance framework”. ● Foundation Layer: The Foundation Layer establishes the governance value of the $HTX token based on a “one token, one vote” principle. Serving as both a core trading medium and a vital governance token, $HTX leverages on-chain holding verification on the TRON network, ensuring governance rights are securely vested in actual token holders. ● Execution Layer: A standardized HIP (HTX Improvement Proposal) process has been established as the formal framework for all governance proposals. Distinct from the initial draft governance process, all proposals submitted via HIP are immutably recorded within the governance system, creating a permanent record of DAO decisions that will serve as a long-term governance reference. ● Supervisory Layer: Establishes a committee comprising early initiators, core contributors, and community representatives to ensure balanced ecosystem governance. This body assumes essential decentralized development responsibilities, including governance system construction, financial oversight, and governance support. In contrast to traditional exchanges with centralized governance, $HTX empowers its holders to directly influence major platform decisions via on-chain voting. This equitable system, where voting power is directly proportional to individual holding amounts, ensures fair governance rights and the equitable distribution of benefits, fostering a truly decentralized governance ecosystem driven by $HTX holders. $HTX: Empowering Holders Through Governance and Rewards HTX DAO’s innovative governance model presents two compelling core advantages for the community: the direct influence granted by holdings and the tangible economic incentive of votes. Holding $HTX provides a direct voice and the means to actively participate in the ecosystem’s governance.. By casting votes, holders directly shape the platform’s future direction, a revolutionary departure from the traditional CEX model where users often passively adhere to established directives. Future Voting initiatives are anticipated to encompass critical decisions such as asset listings and delistings, participation in “Trade to Earn” events, management of risk reserve funds, and the prioritization of new product feature development. The HTX DAO governance roadmap reveals future integration of rewards like fee rebates and governance incentives, making participation a profitable activity that encourages long-term $HTX holding. This forward-thinking system design creates a powerful positive feedback loop: “greater involvement → improved decisions → enhanced ecosystem value → direct feedback of rewards”. Pioneering a Blended CeFi/DeFi Governance Paradigm The essence of HTX DAO’s innovation lies within a pioneering “financial free hub” governance experiment: it strategically blends the operational efficiency and robust regulatory structure of a centralized exchange (CEX) with the open governance and strong community consensus inherent in a decentralized autonomous organization (DAO). Inspired by successful DAO models like Curve and Velodrome, the launch of HTX DAO’s voting function is another key step in bridging CEX and DAO principles, with the potential to pioneer a new paradigm of diverse collaboration at the governance layer. As user sovereignty gains prominence, the DAO mechanism offers a measurable route to financial democratization by linking fee revenue, ecosystem benefits, and other elements to governance participation. Within this “financial free hub” experiment, HTX DAO is redefining the relationship between trading platforms and users – evolving from a traditional service provider to a collaborative community that shares in its value. As every $HTX holder transforms into a crucial decision-making node within the ecosystem, and each individual vote actively contributes to the platform’s continuous evolution, the emergence of a fully autonomous financial ecosystem within the Web3 era can be collectively anticipated and witnessed. HTX DAO’s meticulously designed framework serves as the guide toward a truly decentralized “financial free hub.” About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact information Website: www.htxdao.com Email Address: media@htxdao.com The post HTX DAO Launches $HTX Holding-Based Voting Mechanism, Ushering in a New Era of Decentralized Governance first appeared on HTX Square .
TL;DR Despite the recent calamity in the crypto market, Standard Chartered reportedly forecasts a surge to $5.50 for XRP this year and $12.50 before the end of his term. While some analysts see bullish signals like an MACD breakout, others warn of a potential drop to $1.30 as the asset trades just below $2. Gigantic XRP Jump in the Following Years? Ripple’s native token seemed stuck at around $0.50-$0.60 for most of 2024. However, Donald Trump’s victory in the US presidential election in November changed everything and was followed by a massive rally. XRP surpassed $2.50 less than a month after the triumph, while in January 2025, it almost matched its all-time high of $3.40. Over the next months, the price retraced substantially and currently trades at roughly $1.80 . According to the British bank Standard Chartered, XRP has much more fuel left for another bull run in the near future . The institution supposedly noted the asset’s progress since Trump’s victory, predicting that the valuation could reach $5.50 by the end of this year and $12.50 by the end of 2028 (shortly before the president’s term finishes). According to Standard Chartered, the potential approval of XRP exchange-traded funds while the Republican stays in charge will be a major catalyst. Earlier this week, asset manager Teucrium introduced the first XRP-based ETF in the US, while the community still awaits the launch of a spot ETF. The companies racing to roll out such an investment vehicle include Grayscale , Bitwise, 21Shares, Franklin Templeton, and others. The POTUS re-entered the White House with a splash and an entirely different stance toward the crypto industry (compared to his previous presidency). He made numerous promises to let the sector flourish, pledged to turn America into a global hub for crypto, and has consistently signaled his support for the growth of US-based digital asset companies. At the beginning of March, he confirmed that his administration would move forward with establishing a strategic crypto reserve that would include XRP (among other leading cryptocurrencies). Shortly after, though, the US president signed the executive order on the initiative, and Ripple’s cross-border token was not included as it was solely focused on bitcoin . In the aftermath, XRP’s price soared significantly, but the spike was short-lived. Further endorsement of the token from Trump may positively impact its value in the following months and years. However, it is important to note that an explosion to $12.5 would require the asset’s market cap to hit almost $700 billion. As of this writing, XRP’s capitalization is less than $105 billion, while BTC is the only cryptocurrency whose figure exceeds that level. Additional Forecasts Crypto X is rife with analysts envisioning that XRP could head north soon. JAVON MARKS recently assumed that the asset’s MACD (Moving Average Convergence Divergence) indicator nears “a breaking point.” “This divergence suggests that bulls can return with dominance and shift prices into continuing the recent major uptrend back towards $3.30+. XRP can have more in the tank,” the trader added. The MACD is a technical analysis tool that helps traders spot trend changes and momentum in XRP’s price, giving possible buy or sell signals. However, there are also some pessimists. Ali Martinez noted the token’s plunge below $2, predicting a further slump to $1.30. Those willing to explore additional bearish forecasts made after the crypto crash on April 7 can look at our article here . The post XRP to the Moon? Standard Chartered Predicts a 500% Price Surge (Report) appeared first on CryptoPotato .
The post XRP Price Prediction: Standard Chartered Sees $12.50 by 2028 Despite Market Crash appeared first on Coinpedia Fintech News While the whole crypto is juggling with Trump’s tariff mess with Bitcoin dipping to $75K level , altcoins are also facing a downward pressure. ETH, BNB, SOL, XRP, LINK, and LTC, all top altcoins, are down over 15-20% in 24 hours! However, despite this, XRP is once again grabbing headlines , as Standard Chartered believes XRP could rise to $5.50 by the end of this year and even hit $12.50 by 2028. That’s more than a 500% increase from its current price of around $1.94. The forecast was brought to light by Bloomberg’s senior ETF analyst Eric Balchunas, who jokingly said , “Nature is healing,” pointing to the return of big, confident price calls in the crypto space. Standard Charter is back to making super-bullish crypto-related predictions, says XRP will hit $5.50 by EOY and $12.50 in 3yrs. Curr it's $1.94. Nature is healing.. pic.twitter.com/vKmQ5B8tbe — Eric Balchunas (@EricBalchunas) April 8, 2025 The Bank Thinks XRP Has Serious Potential The prediction comes from Geoffrey Kendrick, the head of digital assets research at Standard Chartered. According to him, XRP could slowly climb its way up over the next few years, hitting $8 in 2026, $10.40 in 2027, and finally $12.50 in 2028. The bank even thinks the XRP price has a shot at overtaking Ethereum in total market value, which would make it the second-largest crypto behind Bitcoin. That’s a huge deal, and it shows how much faith Standard Chartered has in XRP’s long-term use case . I have to tell you, it is just buck wild to see a multinational bank predict that the price of XRP is going to hit $12.50. This is the the type of thing that the XRP community has believed to be possible for over a decade now. Finally, the rest of the world is coming… — Moon Lambo (@MoonLamboio) April 8, 2025 Crypto analyst Moon Lambo said he is thrilled that a big global bank like Standard Chartered now believes XRP could reach $12.50. He finds it crazy in a good way because the XRP community has believed in this kind of potential for over ten years. To him, it feels like the world is finally starting to see what XRP supporters have seen all along. New ETF Sparks Attention, But Not Price Action The excitement around XRP also grew after the launch of the first XRP-related ETF in the U.S. This product doesn’t actually hold XRP directly—it’s based on financial contracts (called swaps) that follow XRP’s price. It’s a unique approach, but it didn’t cause a major rally. In fact, XRP’s price dropped by about 4% after the ETF news, showing that traders may be cautious for now. Legal Win and Real-World Use Keep Hope Alive One of the biggest reasons behind this renewed optimism is XRP’s legal clarity. The U.S. Securities and Exchange Commission recently dropped its appeal in its lawsuit against Ripple, removing a long-standing threat that had weighed heavily on XRP. On top of that, XRP continues to be used globally by banks and payment providers to move money across borders quickly and cheaply. What Comes Next? Even though XRP hasn’t pumped right away, the pieces may be falling into place for a strong comeback. If Standard Chartered is right, this could just be the beginning of a multi-year rise. 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The post Argentina Sets Up Committee to Investigate Milei’s Link to $LIBRA Crypto Scandal appeared first on Coinpedia Fintech News Argentina’s Chamber of Deputies on Tuesday, approved three proposals aimed at launching a special commission to investigate into the LIBRA memecoin scandal. The controversy has been a cause of concern for President Javier Milei’s administration since February. The LIBRA Scandal Initially, the Libertarian President praised the LIBRA memecoin as a private initiative to boost Argentina’s economy by supporting small businesses. On 14th of February, in an X post he wrote that “the world wants to invest in Argentina. $LIBRA”, however he soon deleted the post later after the coin crashed. Experts note this project as a ‘rug pull’, a scam where creators pump a crypto token’s value before quickly cashing it out. Notably, LIBRA soared in value after Milei’s post but crashed 90% in just 2 hours. However, Milei backed off later saying that he was not aware of the project’s details. Congress Launches $LIBRA Probe as Pressure Mounts On Tuesday, Argentina’s lower house voted 128–93 (with 7 abstentions) to launch an investigation into the LIBRA scandal. Over 75,000 retail investors lost about $280 million in over the alleged rug-pull scam. This sparked serious questions over the President’s ties to the project and his ties to the project and whether he allowed it to happen. Besides, Lawmakers also approved a motion to summon Economy Minister Luis Caputo, Justice Minister Mariano Cuneo Libarona, and other top officials to testify over it. Meanwhile, a judge has been assigned to investigate President Milei’s ties to LIBRA amid allegations of fraud, criminal collusion, and breach of his duties. Pablo Juliano, a representative of the Democracia para Siempre bloc urged Congress to investigate if Argentina was harmed, and emphasized that they’re committed to finding the truth. In contrast, Nicolás Mayoraz from the ruling La Libertad Avanza party called the probe an “interference” and argued that it disrespects the separation of powers. President’s Ties Questioned Milei had also previously conducted meetings with people involved in the coin’s launch including businessmen from US, Singapore and Argentina, who are now under investigation in local and foreign courts. Furthermore, after the crash, LIBRA creator Hayden Davis also accused Milei of “betrayal” for deleting posts and claimed that he was an advisor to the government. The case has sparked bigger concerns over politicians getting involved with unregulated digital assets, especially in a country like Argentina which is already struggling with high inflation and economic instability.
In a recent update shared via social media, Chris Burniske, a partner at Placeholder, highlighted crucial levels for Bitcoin. He indicated that if the cryptocurrency fails to maintain its current
Cryptocurrency markets are in turmoil as Bitcoin and Ethereum experience steep declines amidst escalating trade tensions between the U.S. and China. The recent policy changes from the White House have
Ukraine has taken a big step toward formalizing its approach to taxing cryptocurrencies, with the National Securities and Stock Market Commission (NSSMC) releasing a detailed taxation matrix for virtual assets. The proposal outlines both standard and preferential tax models, signalling a move to align the country’s financial system with global digital asset norms. Shared publicly on Telegram by Commission head Ruslan Magomedov on Tuesday, the proposal suggests a personal income tax rate of 18% and an additional 5% military levy on virtual asset gains. Introduced during wartime, the military levy functions as an additional tax to help fund the country’s defense efforts. Alternatively, the model includes preferential tax rates of 5% and 9% for certain categories. These recommendations draw on international examples and are tailored to fit within Ukraine’s legal framework. “In the digital age, taxation of cryptocurrencies is no longer a hypothesis – it’s a rapidly approaching reality,” Magomedov said. “That’s why the NSSMC has developed a matrix presenting various taxation options for virtual asset transactions – from mining to airdrops.” Ukraine is considering a 5-10% tax on crypto income, with legislation expected by mid-2025. The move looks to bolster state revenue while navigating regulatory hurdles. #CryptoRegulations #CryptoTax #Ukraine https://t.co/MbtXiYCWi3 — Cryptonews.com (@cryptonews) February 28, 2025 Ukraine Looks Abroad for Guidance as It Builds Its Crypto Tax Framework The proposed rules define taxable income either as gross revenue or net income after expenses. Income would generally be recognized when received or when assets are exchanged for fiat currency or non-virtual goods and services. Transactions that involve only virtual assets would not trigger a tax under this model. The matrix references countries with more favorable treatment of crypto activity. Austria and France, for example, do not tax crypto-to-crypto exchanges. Singapore does not levy capital gains taxes on individuals or companies. Malaysia exempts transactions unless they are routine or business-related. Georgia offers full exemptions for individuals on income and capital gains from digital assets. Reports in February indicated that Ukrainian authorities were working on legislation to introduce a 5%-10% tax on crypto by mid-2025, aiming to boost state revenue and support military funding amid the ongoing war with Russia. Ukraine Clarifies VAT Treatment for Crypto Operations Like Mining and Staking The document also provides tax guidance on mining, staking, airdrops and hard forks. Activities like free token supply, token creation, and storing virtual assets would not be subject to VAT. However, rewards or services that involve token modification or crypto payments for goods and services may be taxed. Some of these transactions may qualify for exemptions under Article 135 of the EU VAT Directive. This applies especially if they are considered payment-related services. The Commission noted that this classification may need additional interpretation and legal guidance. Ukraine’s effort to establish a clear tax policy for virtual assets comes at a time of economic strain and heightened interest in digital finance. The Commission has already introduced the matrix to lawmakers and now plans to engage directly with market participants as part of its regulatory development process. The post Ukraine Sets 18% Income Tax on Virtual Assets appeared first on Cryptonews .