The post China and U.S. Reduce Bitcoin Reserves, Total Government Holdings Fall 12% in Nine Months appeared first on Coinpedia Fintech News Governments around the world continue to play an important role in the crypto space. However, a new report shows some interesting shifts. According to Coingecko , as of April 2025, governments collectively hold over 463,741 BTC, which is roughly 2.3% of Bitcoin’s total supply. This marks a decrease from 529,591 BTC in July 2024, which shows that the governments are changing strategies. While El Salvador and Bhutan are accumulating more BTC, others like the United States and Germany are cutting down. United States Holds $18B Worth Of BTC The U.S. remains the largest holder with 198,012 BTC, worth around $18.3 billion, although it’s slightly down from July 2024 after liquidating some assets. Next comes China, which, despite banning crypto trading and mining, holds 194,000 BTC valued at $17.6 billion. Most of China’s holdings came from the 2019 PlusToken Ponzi scheme. Bhutan Mines Over 8,000 BTC The United Kingdom holds 61,000 BTC, all seized from criminal activities. The government is still weighing whether to sell or use these funds for public finance needs. Bhutan, the small Himalayan nation, has impressively mined 8,594 BTC using sustainable hydroelectric energy. It’s one of the few countries accumulating Bitcoin through mining rather than seizures or purchases. Meanwhile, El Salvador has steadily built up 6,135 BTC worth $567.8 million and continues to buy 1 BTC daily as part of President Nayib Bukele’s strategy to integrate Bitcoin into the national economy. Since 2024, Ukraine has received 256 BTC worth $21.3 million in donations, which have been fully liquidated for military and humanitarian efforts. Germany sold its 46,359 BTC stash in mid-2024, which caused a 15.7% drop in Bitcoin’s price.
CHINA DENIES RECENT TRADE TALKS WITH US, NO ENGAGEMENT REPORTED
Veteran Bitcoin analyst Willy Woo says that the flagship cryptocurrency is setting up for a potential break of new highs amid growing capital flows. Posting to the social media platform X, Woo tells his 1.1 million followers that Bitcoin ( BTC ) fundamentals have turned bullish, and that its current structure is “not a bad setup” for a break of all-time highs. “Capital flows into the network are ramping up. Both total and speculative flows have bottomed. When both align, they join forces to make a bullish environment anchored in fundamentals.” Source: Willy Woo/X However, in the near term, Woo says there’s a high chance of more sideways price action before BTC gains the strength for a new leg up, noting that his volume-weighted average price (VWAP) indicator is relatively high. VWAP is the average price of an asset over a period of time, but weighted for trading volume. “…but in the short term, on-chain VWAP is at +three standard deviations, meaning it’ll be hard to move upwards with decent momentum due to overextension. Sideways action or, in the most bullish case, a slow grind upwards is the order of the day.” Source: Willy Woo/X Says Woo in summary, “BTC is setting up for another break of all-time highs if the capital flow trend continues. It’s a solid long-term setup. All dips are for buying under the present regime. In the very short term, there are good chances of dips.” At time of writing, Bitcoin is trading at $93,768, up 11% in the last seven days. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Setting Up for Break of All-Time Highs As Capital Flows Into BTC Ramp Up, Says Analyst Willy Woo appeared first on The Daily Hodl .
In a market where everyone watches Bitcoin (BTC) , Solana (SOL) , and XRP , the biggest wins often come from the places few are looking. That’s exactly where MAGACOINFINANCE is right now—quietly gaining strength, flying under the radar, and attracting serious early-stage interest. Investors aren’t guessing. They’re positioning. Why MAGACOINFINANCE is commanding attention Bonus still live: The limited bonus is active and disappearing fast. Once it’s gone, so is the early advantage. Listings approaching fast: The pre-listing phase is closing. Early buyers know what happens when access goes public. Underexposed but climbing: The market hasn’t fully priced in this project—which makes entry timing critical. Trader activity is rising: From niche communities to experienced investors, entry is happening now—not later. MAGACOINFINANCE shows unmatched early-stage strength MAGACOINFINANCE isn’t trying to be everything. It’s focused, exclusive, and structured to reward early conviction. With its well-designed mechanics and growing recognition, it’s building serious momentum quietly—and without the crowd. It offers something MATIC, ETH, APT, and INJ can’t Polygon (MATIC) and Ethereum (ETH) are mature leaders. Aptos (APT) and Injective (INJ) are well-known in their niches. But none of them offer true early access anymore. MAGACOINFINANCE is still early, still limited, and still available to those who know how this market works. Final thoughts on MAGACOINFINANCE If history has taught us anything, it’s that timing beats hype. Bitcoin , Ethereum , and XRP all offered windows that were easy to miss. MAGACOINFINANCE is that window right now—still open, but not for long. This is your entry. Don’t delay. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Your $700 Investment Could Surge to $670K—Bitcoin, Solana, and MAGACOINFINANCE.COM Are in Focus!
Justin Sun sees great potential for JST tokens through JustLend's growth. Buyback and token burn strategies aim to enhance JST's market value. Continue Reading: Justin Sun Highlights the Promising Future of JST Token Through JustLend The post Justin Sun Highlights the Promising Future of JST Token Through JustLend appeared first on COINTURK NEWS .
The post Crypto Market Update Today: BTC and ETH Display Stability While PENGU, XMR, WAL Gain Massive Strength appeared first on Coinpedia Fintech News After the rise in the past week, the investors have become more optimistic about the upcoming price action. As a result, the prices of the top two cryptos, Bitcoin & Ethereum, remain stagnant, displaying minor fluctuations. With this, the altcoins have begun to display massive strength, with a couple of them surging by over 30%. The overall markets remain elevated, with the crypto price prediction for today being pretty bullish. Bitcoin, Ethereum & the Top 10’s After the rise to the pivotal resistance zone, the Bitcoin price seems to be preparing to secure the range, which may help the token to initiate the next upswing. Meanwhile, Ethereum closely follows the top token and remains consolidated just below the pivotal resistance at $1800. Meanwhile, the XRP price has broken out from a pattern, which suggests a fresh rise to $3 could be imminent. Cardano rises and sustains above $0.71, Dogecoin hovers in and around $0.18, BinanceCoin sticks above $600, but Solana is struggling to reach $150. The crypto market sentiments have become neutral from fear, which suggests greener days could follow this month. Top Gainers-PENGU, XMR and WAL While the top tokens have refrained from maintaining a strong upswing, other altcoins like Monero and Walrus have begun a bull-run-type rally. While XMR and WAL prices attract 28% and 20% gains, respectively, Pudgy Penguins lead the table with a whopping 41.5% surge. The XRP price has surged with a large margin compared to the other top 10 tokens, as it received a strong boost following the launch of a spot XRP ETF, while the PENGU price surged by 45% with a massive increase in the volume of over 225% to reach $580 million. Meanwhile, the other memecoins have also displayed some strength, which suggests the market participants have become bullish over the next price action. Top Losers- BSV, WLD and FET The volume of some altcoins has increased significantly, but the global trading volume dips by over 7.7%, suggesting a drop in bullish activity. The drop in the prices of Bitcoin SV , Worldcoin and Artificial SuperIntelligence Alliance suggests a notable shift in the momentum to other altcoins. Despite a drop of between 6% and 8% in these altcoins, the community sentiments for Kaspa and Pi remain extremely bullish, followed by Virtuals Protocol, Cardano, and XRP. The rise in the sentiments among the top 10 suggests the bulls could be preparing for the next upswing.
WLFI founders and CZ met in Abu Dhabi to discuss standardizing the crypto industry and boosting global adoption efforts. The meeting signified WLFI’s broader initiative to drive innovation, create new
ProShares will introduce three XRP -linked exchange-traded funds this week, following recent approval from the US Securities and Exchange Commission (SEC). The new products include an Ultra XRP ETF offering 2x leveraged exposure, a Short XRP ETF, and an Ultra Short XRP ETF with -2x leverage, according to regulatory filings . A 2x leveraged ETF aims to deliver twice the daily performance of XRP prices, while a -2x leveraged ETF seeks to deliver twice the inverse of XRP’s daily returns, allowing investors to potentially profit when the token’s price falls. Image Source: SEC ProShares Readies XRP ETFs as Spot Approval Remains Elusive The ETFs are set to go live on April 30, 2025, marking another milestone for XRP-related investment products in the United States. However, no approval has yet been granted for a spot XRP ETF. Several applications, including one from fund manager Grayscale , remain under review, with a critical SEC decision deadline looming on May 22. ProShares’ move comes shortly after Teucrium launched the first-ever XRP futures ETF earlier this month. Teucrium’s 2x XRP fund recorded more than $5m in trading volume on its debut day, making it the firm’s most successful launch to date. New XRP Listings Signal Softer Regulatory Stance After Court Victory The recent surge of XRP-focused investment products reflects a shifting regulatory landscape. Last week, CME Group announced that XRP futures would soon be listed on its derivatives exchange . The new offerings will appear alongside Bitcoin, Ether and Solana products. As a result, momentum around XRP investment products continues to build. This surge follows the resolution of a years-long court battle between Ripple Labs and the SEC. In March, Ripple secured a final legal victory. Consequently, significant regulatory hurdles for XRP’s use and listing across financial markets have been removed. Investors and issuers have long awaited a spot XRP ETF. Such a product would track the token’s price directly, rather than through futures contracts. However, spot crypto ETFs have historically faced greater resistance from regulators. Recently though, approvals for spot Bitcoin ETFs have raised hopes that other tokens could eventually follow. For now, ProShares’ futures-based products provide investors with an alternative way to gain exposure to XRP’s price movements. As a result, the market’s response in the coming weeks will be closely watched. Attention will be especially high as the SEC approaches its next major decision on Grayscale’s spot XRP proposal. The post SEC Clears ProShares XRP Futures ETFs to Launch on April 30 appeared first on Cryptonews .
Crypto markets traded flat during the Asia morning hours, with bitcoin (BTC) trading above $94,000 and the CoinDesk 20 , a measure of the performance of the largest cryptocurrencies flat. XRP led majors gains with a 4% move higher from the past day, driven by a ProShares ETF approval that will see three futures-tracked products go live on April 30. Cardano’s ADA, BNB Chain’s BNB and ether (ETH) showed moves between 1-3%. One exception to the relatively dormant market has been privacy coin Monero (XMR), up more than 40% in the past 24 hours. It traded over $320 in Asian morning hours Monday, a level last seen in May 2021. Trading volumes zoomed from an average of $50 million on a 7-day rolling basis to over $220 million in the past 24 hours. "There appears to be no clear catalyst behind $XMR’s recent rally,” Min Junng, a research analyst at Presto told CoinDesk in a Telegram message, Network activity remains consistent with typical levels, suggesting the move may be more speculative in nature." The privacy-centric token is based on the CryptoNote protocol, which ensures that all its transactions are unlinkable and untraceable. Sentiment among traders carries over from last week with a near-term bullish view intact but with a cautious attitude as macroeconomic headwinds remain. “Bitcoin has maintained a relatively stable range above $92k as Trump's administration soften tariff policies of the crypto industry,” Jupiter Zheng, Partner, Liquid Fund and Research, HashKey Capital, told CoinDesk in a Telegram message. “This crypto-friendly attitude can boost Bitcoin and other cryptocurrencies to develop their own market direction, less correlated with US equities, and enable more growth and innovation in the industry." Broader equity markets showed mixed movements on Monday. A regional gauge advanced 0.6% while futures for the S&P 500 declined 0.6%, indicating a four-day US equities rally may snap. Gold pared last week’s gains after a record-breaking rally. Hong Kong's Hang Seng index was also flat as were other major indices around Asia.
COINOTAG News, April 28—In a significant move that could reshape the regulatory landscape for cryptocurrencies, Coinbase has formally requested the U.S. Office of Government Ethics (OGE) to reconsider the existing