Bitcoin (BTC) navigates a crucial period, with its recent price movement underscored by conflicting indicators amidst macroeconomic uncertainty. Despite rising volatility signals, resistance levels indicate sellers still dominate, complicating bullish
Crypto momentum is picking up fast in Q2 2025, and savvy investors are tracking a handful of assets with consistent signals and strong narratives. Solana (SOL) , XRP , Bitcoin (BTC) , and Kaspa (KAS) are among the standouts, each offering a unique angle on performance, use case, or network strength. However, the growing story behind MAGACOINFINANCE is capturing the attention of early adopters—and for good reason. MAGACOINFINANCE – The Early-Stage Narrative With Long-Term Potential While the market watches large caps, MAGACOINFINANCE is gaining serious traction beneath the surface. The project blends political branding with early-stage tokenomics, creating a unique opportunity that’s just beginning to trend. Already, over $7.8 million has been raised , and investor engagement is climbing across Telegram, YouTube, and X. This isn’t just another campaign—it’s a community-backed, high-conviction entry point for those seeking asymmetric returns. With a 50% bonus still live (promo code: MAGA50X ), this is one of the rare opportunities to lock in exposure before listings begin. Solana and XRP Continue Gaining Market Share Solana (SOL) has reclaimed territory above $140 , with key resistance at $150 now in sight. A break higher could open the door to $200+ targets. XRP is holding steady around $2.15 , fueled by institutional flows ahead of the CME XRP futures listing . Analysts are watching for a test of $2.50 , with long-term projections extending toward $5 . Bitcoin and Kaspa Show Strength in Different Ways Bitcoin (BTC) remains the core driver of crypto macro trends. Holding above $95,000 , BTC is setting the tone for broad market direction. Kaspa (KAS) , trading near $0.10 , isn’t chasing headlines. Instead, it’s advancing on the back of real innovation. Final Thoughts As Solana , XRP , Bitcoin , and Kaspa continue to deliver momentum and investor confidence, MAGACOINFINANCE is stepping into the spotlight with strategic strength. In a market where timing matters more than ever, this may be the opportunity investors look back on in 2025 as the one that redefined their portfolio. To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: XRP, Ethereum, and Bitcoin Continue to Dominate Volume — What It Means for May 2025
U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets. The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations for imminent trade deals during a meeting with Canadian Prime Minister Mark Carney. “We don’t have to sign deals,” Trump said , contradicting earlier remarks by both himself and Treasury Secretary Scott Bessent, who had suggested major agreements were close. Shares of Tesla declined over 2% after new car sales in Germany and the U.K. hit two-year lows, despite growing demand for electric vehicles. Tech stocks like Nvidia and Meta also fell, along with Goldman Sachs, which pulled the Dow lower. You might also like: Why is the crypto market down today? Federal Reserve meeting Markets are also focused on the Federal Reserve, which kicked off its two-day policy meeting Tuesday. The central bank is widely expected to hold rates steady, with futures markets pricing in just a 2.7% chance of a rate cut. However, investors are looking for guidance from Chair Jerome Powell on how the Fed is interpreting the economic impact of renewed tariff tensions. While service sector data released Monday showed surprising strength, market participants remain concerned about the longer-term implications of Trump’s evolving stance on trade. Hedge fund manager Paul Tudor Jones warned that even partial tariffs could still act as significant tax increases, potentially shaving several percentage points off economic growth. You might also like: Canada-listed SOL Strategies buys more Solana
Bitcoin’s price stabilization at $95,000 amidst rising investor concerns about U.S. trade negotiations highlights the intricate link between crypto markets and global economics. As top altcoins like Ethereum and Solana
KuCoin cryptocurrency exchange has released its 30th Proof of Reserves report. According to the report, all of the top cryptocurrencies on the exchange are overcollateralized and completely reserved as of April 30, 2025. As per the data, Bitcoin reserves are covered at 106%, Ethereum at 116%, USDT at 114%, and USDC at 109%. This transparency initiative comes as exchanges face increased scrutiny over their reserve management practices and amid contradictory claims about KuCoin’s actual holdings. Detailed KuCoin reserve ratios exceed 100% across all major assets The most recent Proof of Reserves report of KuCoin provides a transparent picture of the exchange assets. It indicates that user deposits are fully covered and have excess funds on top of the 100% coverage mandate. Based on the information gathered on April 30, 2025, at 23:59:59 UTC+8, the exchange has assets in its wallets that are higher than the combined deposits by users in all the popular cryptocurrencies. KuCoin explains that there are 9,751.17 BTC stored in users’ accounts and a total of 10,306.78 BTC stored in the total wallets in the case of Bitcoin. That equates to a reserve rate of 106%. What the exchange then effectively has is nearly 555 more BTC than have been deposited by users. With Ethereum, this reserve rate of 116% means there are 145,807.40 ETH stored by users against the total 168,779.13 ETH held in wallets. Source: KuCoin The stablecoin reserves are more than fully collateralized. USDT is backed at a 114% ratio, with 1.18 billion in user assets against wallet assets of 1.34 billion. USDC is backed at a ratio of 109%, with 85.71 million in user assets against wallet assets of 93.42 million. These statistics show that if all the users withdrew simultaneously, KuCoin would have reserves to cover all the withdrawals and still have some assets left over. Conflicting narratives about KuCoin’s actual reserves Although a recent proof of reserves report by KuCoin showed strong overcollateralization, the exchange has become a victim of misleading accusations about the true assets on its balance sheets. Since June 2023, KuCoin’s Bitcoin reserves have decreased by 77.6%, according to CryptoQuant’s Onchain School. That’s when the exchange started enforcing more stringent Know Your Customer (KYC) regulations. The analytics firm found that KuCoin’s Bitcoin reserves dropped from about 18,300 BTC to at least 4,100 BTC. This was following the June 5, 2023, rumors regarding shifting KYC rules and the June 28, 2023, release of a real-name system requirement. KuCoin said the claims are false and objected to the release of what it called “unverified claims.” They also asked CryptoQuant to be more careful when releasing information that can affect trust in the market. The exchange claims that its reserves are sufficient, as demonstrated by its reserve period reports. While proof of reserves reports provide a snapshot of an exchange’s holdings at a specific moment, critics argue these reports may not give the complete financial picture. This included potential liabilities or off-chain arrangements. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Thumzup Media Corporation has increased its maximum issuance amount from $200 million to $500 million in its updated Form S-3 registration statement filed with the U.S. Securities and Exchange Commission (SEC). According to the company’s statement, the net proceeds will be used for general corporate purposes, working capital, and specifically Bitcoin (BTC) purchases. In this regard, Thumzup continues to adopt BTC as its primary treasury reserve asset. Once the registration statement becomes effective, Thumzup will be able to raise up to $500 million in total through various capital raising methods over three years. The securities that can be issued during this period include common stock, preferred stock, notes, warrants and purchase agreements. Related News: HOT MOMENTS: US President Donald Trump Says He Will Make a Big Announcement - The Market Reacts! Here Are the Details Thumzup’s Board of Directors previously authorized the company to allocate up to 90% of its liquid assets to BTC. This strategy makes digital asset investments a core part of the company’s long-term growth plans. The company said it does not currently plan to sell any securities, but will file a separate prospectus with the SEC for each potential future issuance. *This is not investment advice. Continue Reading: Company That Recently Announced It Would Purchase $200 Million Worth of Bitcoin Has Changed Its Mind: Now Plans to Purchase $500 Million Worth of BTC
Binance’s latest token listings have again proved to be a catalyst for price surges, particularly impacting Maple’s SYRUP and Kamino’s KMNO. Both tokens, despite some volatility, have shown resilience, with
Elon Musk, CEO of Tesla, changed his display name on the social media platform X to "Gorklon Rust," a move that coincided with a surge in the value of the Solana-based memecoin Gork. Following Musk's posts referencing "gork" and adopting the persona in his profile picture, the Gork memecoin briefly increased in value by over 70%. The cryptocurrency $GORK has since become available for trading on the KuCoin exchange, paired with USDT. Despite speculation, there is no confirmation that Musk directly manages the Gork memecoin project. The incident has drawn attention from various users and crypto communities, highlighting the influence Musk's social media activity can have on digital assets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bitcoin remains steady around $95,000, despite investor concerns stemming from ongoing trade negotiations led by President Trump. Recent remarks from President Trump indicate a growing frustration with investor impatience over
The president appeared bothered by investors’ rising angst about trade deals.