As Bitcoin (BTC) steadies, and XRP and Solana (SOL) continue building momentum, one pre-sale is cutting through the noise—MAGACOINFINANCE. With investors from multiple communities aligning behind it, projections of a $555K valuation surge are surfacing. Traders who’ve missed early runs are locking in, sensing another big breakout forming. CURRENT PRICE – $0.0002704 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – NEXT STAGE PRICING JUST HOURS AWAY Unprecedented Growth Potential MAGACOINFINANCE has now raised more than $4.5 million, and the momentum is only accelerating. With a capped 100 billion token supply and mounting interest from BTC, SOL, and XRP holders, it’s becoming one of the most anticipated pre-sales of 2025. Social channels and Telegram groups are lighting up as interest spikes. ACT NOW – GET 50% EXTRA BONUS WITH CODE MAGA50X Lock In Early with Limited-Time Bonus Access At just $0.0002704, and heading toward a $0.007 launch, MAGACOINFINANCE offers a calculated 2,532% ROI potential. Using the promo code MAGA50X gets you a 50% EXTRA BONUS instantly—a powerful edge before the next pricing tier is unlocked. XRP, SOL, KAS, and TRX: Holding Strong in 2025 XRP is steady at $0.62, still pushing into global financial infrastructure.Solana (SOL) trades at $125.89, maintaining dApp dominance with speed and cost-efficiency.Kaspa (KAS) sits at $0.123, delivering speed and decentralization through proof-of-work.Tron (TRX) holds at $0.118, a consistent performer in stablecoin settlement and on-chain media. ACT NOW – JOIN THE BIGGEST PRE-SALE IN HISTORY! Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $555K Crypto Surge? Bitcoin, XRP, and Solana Communities Rally Behind MAGACOINFINANCE
Fidelity Digital Asset Research Analyst Zack Wainwright states that bitcoin might still be in a euphoric, volatile period, which he calls an acceleration phase. At the end of this phase, bitcoin might experience a dramatic rally that could take the asset to new heights. Fidelity Digital Assets Expects Big Rally Taking Bitcoin to Price Discovery
Tron founder Justin Sun quietly intervened to stabilize TrueUSD (TUSD) stablecoin after its reserves faced a significant liquidity crisis despite publicly distancing himself, according to recent Hong Kong court filings. Techteryx, which acquired TrueUSD in December 2020, entrusted First Digital Trust (FDT), a fiduciary based in Hong Kong, with managing TUSD’s reserves. However, court documents reveal that instead of adhering to the agreed-upon structure, FDT allegedly directed $456 million of the stablecoin’s assets into Aria Commodities DMCC, a separate entity based in Dubai. TrueUSD Crisis This entity, which specializes in trade finance and commodity trading, was not part of the original investment strategy. Its projects—ranging from mining operations to renewable energy ventures—were considered highly illiquid, which complicated efforts to redeem funds. FDT had been instructed to invest TUSD’s reserves into the Aria Commodity Finance Fund (Aria CFF), a Cayman Islands-registered vehicle. However, the diversion of funds to Aria Commodities DMCC led to severe liquidity issues for Techteryx, which struggled to recover its investments when it attempted redemptions between mid-2022 and early 2023. Court documents outline that Techteryx faced repeated defaults and missed payments from the Aria entities, which left the stablecoin’s reserves at risk. The firm claims that these actions were misrepresentations and alleged that the funds were misappropriated, adding that the investments did not reflect Techteryx’s intentions. Matthew Brittain, who happens to be the controlling figure behind Aria CFF through Aria Capital Management, and his wife, Cecilia Brittain, who holds sole ownership of Aria Commodities DMCC, have come under scrutiny. Despite the apparent separation of the two companies, court filings suggest that the entities were closely connected. Matthew Brittain even allegedly acknowledged the financial ties between the two. As the liquidity crunch deepened in mid-2023, Techteryx turned to Justin Sun for help. The Tron founder provided emergency funding, structured as a loan, to stabilize the situation and ensure that retail redemptions could continue. This financial intervention helped Techteryx to quarantine $400 million of TUSD, effectively isolating the troubled reserves from affecting everyday users. An earlier announcement revealed that Techteryx assumed full control of TUSD in July 2023, thereby ending TrueCoin’s role in the stablecoin’s operations. The company’s subsequent legal action paints a picture of financial mismanagement and fraud, pointing to unauthorized payments and undisclosed commissions allegedly funneled to entities like “Glass Door.” Defense Meanwhile, FDT’s CEO, Vincent Chok, defended his company’s actions and claimed that FDT had merely acted in its fiduciary capacity. On the other hand, Matthew Brittain dismissed the accusations while asserting that all dealings were transparent and in compliance with the agreed terms. Last January, TUSD experienced a deviation from its $1 parity, which was attributed to sell-offs caused by whales. Reports also suggested that Binance is excluding the stablecoin from the list of cryptocurrencies eligible for staking to earn MANTA. The post Tron’s Justin Sun Allegedly Provided Emergency Loan to Stabilize TUSD Stablecoin appeared first on CryptoPotato .
The post Why Bitcoin, Ethereum, and XRP Are Down Today? Top Reasons Behind the Crypto Dip appeared first on Coinpedia Fintech News Bitcoin (BTC) price led the wider altcoin market, led by Ethereum (ETH) and XRP, in a bearish outlook in the past 24 hours. The flagship coin dropped over 1 percent in the past 24 hours to trade about $83.3k on Thursday, during the early Western financial markets. Ethereum price slipped around 2 percent in the last 24 hours to trade around $1,824 at the time of this writing. Ripple Labs’ XRP recorded similar losses to trade below $2 for the first time in April. Top Reasons Why BTC, ETH, and XRP Dropped Mixed Reactions from Whale Activities According to on-chain data analysis, long-term Bitcoin holders have acted differently from the ongoing accumulation by public companies . For the past few months, public companies have purchased 95k BTCs while long-term holders have offloaded 178k BTCs. With the notable cash outflows from the U.S. spot BTC and Ether ETFs in the past few months, the crypto market was prone to bearish sentiment . Meanwhile, Ripple diluted the XRP market with 300 million coins from its monthly unlocks, which weighed down on the potential bullish outlook. Bearish Technical Playbook Ethereum and XRP prices followed Bitcoin prices in a sudden correction, which caused a $500 million crypto liquidation in the past 24 hours. As Coinpedia previously pointed out, most of the crypto assets led by BTC have been forming a bearish continuation pattern, characterized by a rising wedge in a falling market. The crypto correlation with major stock indexes and gold markets has significantly declined in the recent past. The short-term macroeconomic uncertainty has pushed more investors to the gold market and away from tech and crypto assets. Trade Wars Increasing Odds for Recession in 2025 Following the announcement of the reciprocal tariffs by U.S. President Donald Trump on Wednesday, the odds of a recession in major economies significantly surged. According to the Polymarket, the offs of a U.S. recession in 2025 surged by 32 percent to around 51 percent chance on Thursday. Although a recession is considered bullish for the crypto market, the fear of short-term bearish sentiment was palpable. Moreover, the new tariffs will significantly disrupt global supply chains, and possibly cause financial strains to middle and low-income households. What Next? The crypto market has approached a crucial pivotal moment, which could either trigger a parabolic rally in the coming months or further pain. However, the ongoing rally of gold price has signaled a potential crypto recovery in the near term. 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Bitcoin dropped due to whale sell-offs, ETF outflows, and bearish technical patterns, triggering broader crypto market losses. How do trade wars affect cryptocurrency prices? Trade wars increase recession fears, pushing investors toward safer assets like gold, reducing demand for crypto in the short term. Is Ethereum (ETH) following Bitcoin’s price trend? Yes, ETH often mirrors BTC’s price movement, and recent bearish patterns led to Ethereum’s 2% drop in the last 24 hours.
The crypto world is once again buzzing with political intrigue! In a stunning turn of events, U.S. lawmakers are demanding a closer look at a DeFi project linked to none other than the family of former President Donald Trump. Could this be another chapter in the ongoing saga of crypto regulation, or is it a politically motivated move? Let’s dive into the details of this developing story and what it could mean for the future of DeFi and crypto in general. Why is a SEC Investigation into the Trump DeFi Project Being Requested? The request for a SEC investigation comes from prominent Democratic figures, Senator Elizabeth Warren and Representative Maxine Waters. Both are known for their critical stance on the crypto industry and their advocacy for stronger regulatory oversight. Their concern centers around World Liberty Financial (WLFI), a DeFi project reportedly associated with the Trump family. The core issue? Potential conflicts of interest arising from Donald Trump’s past and possible future political positions. Here’s a breakdown of the key points: Conflict of Interest Concerns: With Donald Trump potentially eyeing another presidential run, lawmakers are questioning whether a DeFi project connected to his family could create ethical dilemmas and potential misuse of power. Regulatory Scrutiny: Elizabeth Warren, a vocal proponent of stricter crypto regulation , has publicly stated on X (formerly Twitter) that an examination is crucial to ascertain any conflict of interest. Financial Oversight: Maxine Waters, a leading voice on the House Financial Services Committee, is also pushing for transparency and accountability in the burgeoning DeFi sector, especially when it intersects with political figures. What is World Liberty Financial (WLFI) and its Connection to the Trump Family? World Liberty Financial (WLFI) is described as a Trump DeFi project , although the exact nature and extent of the Trump family’s involvement remain somewhat unclear. Details about WLFI are still emerging, but it’s understood to be operating within the decentralized finance space. This sector is known for its innovative financial services built on blockchain technology, often outside the traditional regulatory framework. Here’s what we know so far about WLFI: Decentralized Finance Focus: WLFI operates in the DeFi space, suggesting it may offer services like lending, borrowing, or trading of digital assets without intermediaries. Trump Family Link: The connection to the Trump family is the central point of concern, prompting questions about influence and potential preferential treatment. Limited Public Information: Specific details about WLFI’s operations, team, and tokenomics are not widely publicized yet, adding to the need for greater transparency. Elizabeth Warren and the Push for Stricter Crypto Regulation Elizabeth Warren has consistently been a strong voice advocating for increased crypto regulation in the United States. Her concerns range from consumer protection and financial stability to the use of crypto in illicit activities. Her involvement in this request for an SEC investigation is not surprising given her track record. Warren’s key arguments for tighter crypto controls include: Investor Protection: She emphasizes the need to protect retail investors from the volatility and risks associated with cryptocurrencies. Systemic Risk: Warren has voiced concerns about the potential for crypto markets to pose systemic risks to the broader financial system if left unregulated. Illicit Finance: She highlights the use of crypto for money laundering, terrorist financing, and other illegal activities. Regulatory Gaps: Warren believes current regulations are insufficient to address the unique challenges posed by the rapidly evolving crypto landscape. Potential Implications of a DeFi Conflict of Interest The allegations of a DeFi conflict of interest involving the Trump family and WLFI raise significant questions about ethics and governance in both the political and crypto spheres. If an investigation uncovers impropriety, the repercussions could be far-reaching. Consider these potential consequences: Potential Implication Description Legal and Regulatory Action If the SEC investigation finds violations, WLFI and associated individuals could face fines, penalties, and restrictions. Reputational Damage The Trump family’s brand and the credibility of the DeFi project could suffer significant damage, impacting public trust. Increased Regulatory Pressure This case could further fuel the debate for stricter crypto regulation and potentially lead to new laws and oversight mechanisms. Impact on DeFi Sector Negative publicity could temporarily dampen enthusiasm for DeFi, though it could also push for greater transparency and accountability within the industry. What Happens Next in the SEC Investigation? The next steps are crucial. The SEC will now need to consider the lawmakers’ request and decide whether to formally launch an investigation into WLFI. This process can take time, and the outcome is uncertain. Key steps to watch for: SEC Response: The SEC will likely issue a public statement acknowledging the request and outlining its next course of action. Investigation Initiation: If the SEC decides to investigate, they will gather information, interview relevant parties, and analyze WLFI’s operations. Findings and Report: The SEC will compile its findings into a report, which could be made public. Enforcement Actions (if any): Based on the findings, the SEC may pursue enforcement actions if violations are found. Actionable Insights for Crypto Enthusiasts This situation serves as a stark reminder of the growing intersection between politics and cryptocurrency. For those involved or interested in the crypto space, here are some actionable insights: Stay Informed: Keep abreast of regulatory developments and policy changes impacting the crypto industry. Demand Transparency: Support projects and platforms that prioritize transparency and accountability, especially in DeFi. Engage in Dialogue: Participate in constructive conversations about responsible crypto regulation and its role in the financial system. Understand Risks: Be aware of the risks associated with DeFi and always conduct thorough due diligence before investing in any crypto project. Conclusion: A Pivotal Moment for Crypto and Politics? The request for an SEC investigation into the Trump DeFi project is a significant development. It highlights the increasing scrutiny facing the crypto industry and the growing concerns about potential conflicts of interest when political figures are involved. Whether this investigation leads to major repercussions or not, it underscores the need for robust crypto regulation and ethical practices within the rapidly evolving digital asset landscape. The coming months will be crucial in determining the direction of this story and its lasting impact on the crypto world. To learn more about the latest crypto regulation trends, explore our article on key developments shaping crypto institutional adoption.
XRP is navigating a critical phase, with key resistance and support levels determining its next price action. This analysis examines XRP’s recent behavior across the daily, weekly, and monthly charts, offering insights for traders and investors looking for potential entry points, targets, and risk management strategies. Monthly and Weekly Outlook On the monthly chart, XRP has been trapped in a consolidation range between $2.00 and $2.20. This narrow price action signals market indecision. A break above $2.20 could trigger a bullish move towards $2.50, while a drop below $2.00 might push XRP back to $1.80 support. On the weekly chart, XRP is holding above $2.02, which is key for maintaining upward momentum. Resistance at $2.94 remains the next hurdle. A move above this level could fuel a rally, while failure to maintain support at $2.02 could push the price towards $1.80, testing lower support at $1.50. Daily Analysis The daily chart shows a bearish head-and-shoulders pattern, with the neckline at $2.00. A breakdown below this level could lead to a decline towards $1.50. Technical indicators, including the RSI and MACD, also suggest waning bullish momentum, reinforcing the risk of further downside. However, a breakout above $2.20 would negate this pattern and could drive XRP higher, targeting $2.50 and $2.94. Trade Setups: Entry, Take-Profit, and Stop-Loss Ideal Entry: Consider entering near $2.00 , as it aligns with strong support, offering a favorable risk-to-reward setup. Take-Profit Levels: Target $2.20 (monthly resistance), $2.50, and $2.94 for potential bullish targets. Stop-Loss: Place a stop-loss just below $1.90 to manage downside risk if support breaks. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP is at a crucial crossroads. A breakout above $2.20 could signal a shift towards higher levels like $2.50 and $2.94, while a failure to hold $2.00 could send the price lower, with $1.50 as the potential target. Short-term traders can capitalize on the range between $2.00 and $2.20, while long-term investors should wait for a breakout confirmation above resistance. With proper risk management, XRP’s price action presents opportunities for both short-term and long-term strategies. 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 X , Facebook , Telegram , and Google News The post XRP Set for a Major Breakout: Key Levels That Could Spark Explosive Gains appeared first on Times Tabloid .
Token launch platform CoinList is returning to the US market for the first time since 2019 and is set to host a token sale for the DoubleZero Foundation, the team behind the DoubleZero protocol. The DoubleZero token, called 2Z, will be offered to accredited U.S. investors and will be CoinList’s first token sale open to U.S. participants in more than five years. The last such offering was the Kadena token sale in 2019, CoinList President Scott Keto said in a statement. CoinList’s comeback comes as the Donald Trump administration has taken a more positive stance towards the crypto space. The platform exited the US market in late 2019 due to increased regulatory enforcement under the Joe Biden administration, which was seen as overly aggressive by the crypto industry. Related News: Minutes Left Now: Analysts Share Possible Reaction of Bitcoin and Cryptocurrencies Ahead of Donald Trump's Tariff Announcement “The perceived sanctions risk and associated costs have increased radically during the Biden administration,” Keto explained. “Many projects and companies have complied, but that has not prevented an activist SEC from filing unreasonable sanctions lawsuits, many of which were summarily dismissed in 2025.” Under the current administration, the SEC has dropped numerous lawsuits, including those against major crypto firms like Coinbase, Kraken, and Ripple. Keto noted that between 2020 and 2024, several top blockchain projects, including Solana, Near, and Ondo, have opted to exclude U.S. participants from their token sales due to regulatory uncertainty. *This is not investment advice. Continue Reading: For the First Time Since 2019, An Altcoin Will Be Directly Available to US Users – Here Are The Details
The Bank of Russia is reportedly pushing back the digital ruble’s launch to mid-2026 as banks face hurdles in migrating from foreign software amid sanctions. Russia ‘s central bank, the Bank of Russia, is considering delaying the full launch of its central bank digital currency — known as the digital ruble — until mid-2026, as banks expected to support it face technical migration challenges, according to a Frank Media report citing unnamed banking executives. The Bank of Russia had initially planned to roll out the CBDC for mass use by July this year but later decided to push the date further. Central bank head Elvira Nabiullina said in February that the launch would take place at a later date but didn’t specify when nor the reason for the delay. You might also like: Survey reveals 30% of Russian banks reluctant to support CBDC adoption: report Now, sources say one of the reasons is banks’ difficulties in transitioning from foreign database solutions as not everyone successfully migrated from Oracle, database management systems, which banks use to store and manage vast amounts of data. Another banking executive mentioned concerns about technical security and how the digital ruble system would function during power outages. Despite the delay, officials say the pilot program is still on track. A central bank official said at a Russian economic forum in early April that the platform’s functionality is working as expected and there haven’t been any major issues so far. They also mentioned that the number of pilot participants has grown, with individual users rising from 500 to 2,000 and businesses increasing from 30 to 50. Read more: Russia embraces crypto, but Kremlin goals remain ambiguous
Binance has introduced new regulations to protect users trading volatile altcoins. Ten altcoins will be closely monitored, requiring users to pass risk tests. Continue Reading: Binance Tightens Regulations on Volatile Altcoins to Protect Users The post Binance Tightens Regulations on Volatile Altcoins to Protect Users appeared first on COINTURK NEWS .
The Ripple community has been eagerly awaiting updates on the prolonged XRP lawsuit as the case nears its ultimate resolution. As the US Securities and Exchange Commission (SEC) has scheduled a closed-door meeting today, all eyes are on its potential implications for the Ripple vs SEC case. Notably, experts believe that the SEC’s closed-door meeting could bring regulatory clarity on XRP and broader digital assets. Let’s explore expert insights and the possible implications of today’s meeting on the XRP lawsuit and the crypto industry. XRP Lawsuit: SEC’s Meeting To Bring Regulatory Clarity The XRP community is anticipating an imminent Ripple vs SEC case settlement, especially following Brad Garlinghouse’s critical statement. As XRP lawsuit nears its end, the community awaits an official confirmation from the US Securities and Exchange Commission. Reportedly, the US SEC’s closed-door meeting scheduled on April 3, 2025, would bring more clarity to the Ripple lawsuit. Market analyst STEPH IS CRYPTO suggested that the SEC would discuss the Ripple lawsuit, potentially deciding on the fate of XRP. How Will the April 3 SEC Meeting Impact XRP Lawsuit? As per expert insights, the US SEC is expected to include the XRP lawsuit as a key topic of discussion during the closed-door meeting scheduled today. The Commission is set to decide whether to drop its appeal claiming XRP is a security. This crucial vote, happening today, could determine the future of Ripple’s XRP. Further, the US House crypto hearing on April 9 is expected to focus on the structure of the crypto market. The House will discuss the necessity of introducing a solid regulatory framework for the crypto industry. Is the Ripple vs SEC Case Over? In a surprising turnaround, Ripple CEO Brad Garlinghouse revealed that the SEC dropped its appeal in the XRP lawsuit, following which the company withdrew its cross-appeal. This significant development has sparked enthusiasm within the XRP community, anticipating a swift settlement in the prolonged Ripple vs SEC case. However, legal expert Fred Rispoli clarified that the lawsuit wasn’t over as there are still procedures pending. He posited that the Ripple case could be settled within two months with the SEC commission’s vote on the matter. If today’s vote concludes to drop the appeal, the case could surprisingly wrap up. The post XRP Lawsuit: April 3 SEC Meeting to Decide Fate of Ripple vs SEC Case appeared first on CoinGape .