On April 27th, **COINOTAG** reported that Arizona’s legislative assembly is preparing for a crucial third reading of two proposed **Bitcoin reserve bills**. This session, scheduled for next Monday, could culminate
Solana has surpassed Ethereum, Base, and BNB Chain in decentralized exchange (DEX) trading volume over a 24-hour period, according to DeFiLlama. Multiple sources report that Solana's DEX volume exceeded the combined total of these major blockchains. Solana's market dominance in DEX trading has reached a two-month high of 35%. The blockchain also leads in weekly DEX trading volume, outpacing Ethereum and all its Layer 2 networks combined. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Twenty One Capital, a new Bitcoin accumulation company, has launched with backing from Tether, SoftBank, and Cantor Fitzgerald. The company started with a portfolio of approximately 42,000 BTC, valued around $3 billion, and has secured $1.5 billion in funding from Tether and $900 million from SoftBank. Led by Jack Mallers of Strike, Twenty One Capital aims to compete directly with MicroStrategy by employing a strategy of issuing stock to buy Bitcoin, leveraging convertible debt and a reflexive flywheel model. The company plans to accumulate Bitcoin at scale through a global alliance and is preparing to go public via a SPAC backed by Cantor Fitzgerald. This move signals a shift in Bitcoin investment focus from grassroots to Wall Street, embracing Leveraged Bitcoin Equities (LBE) rather than spot ETFs. Analysts note that the success of this approach depends on maintaining a premium on the stock. The initiative represents a $4 billion head start over MicroStrategy's similar playbook and reflects growing institutional interest in Bitcoin acquisition vehicles. 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
Cardano users can now perform XRP transactions through Lace Wallet. The Midnight Network is introducing new airdrop opportunities for XRP holders. Continue Reading: Cardano Empowers Users with XRP Transactions via Lace Wallet The post Cardano Empowers Users with XRP Transactions via Lace Wallet appeared first on COINTURK NEWS .
Could Solana become the next Bitcoin for corporate balance sheets?
Dogecoin (DOGE) users celebrated DogeDay on April 20, 2025 while hoping for a 500% market growth up to $0.73583 even though prices traded for $0.1832 with daily growth of 13.39%. The cryptocurrency analyst from SwallowAcademy predicts Dogecoin (DOGE) will experience a 40% price decrease which will push its valuation to $0.09 before starting its rise. During its presale funding phase Mutuum Finance (MUTM) managed to secure $7.2 million in investment money while distributing 425 million tokens to a total of 9,100 token holders. The current price of the token stands at $0.025 during phase 4 but it aims to achieve a 140% gain until it reaches the public listing value of $0.06. This DeFi project’s systematic growth path proves itself to be a dominant competitor against Dogecoin in the crypto market space. Dogecoin’s Uncertain Path Dogecoin shows price volatility with trading at $0.1832 following its 103% volume increase that drove trading volume to 1.89 billion. The analyst Steph_iscrypto predicts a breakout based on a 129-day price downtrend which has historically led to 500% market runs. SwallowAcademy presents an unfavorable view of Dogecoin by warning about its impending collapse because hype serves as a crutch for its survival. JavonTM1 forecasts Dogecoin will reach $1.25 but each successive higher low points to susceptibility. The path of Dogecoin progresses without practical use and depends heavily on social opinion and potential ETF project initiatives. Structured investment alternatives feature low volatility which compels investors to choose projects using concrete financial instructions. Mutuum Finance’s Presale Surge Mutuum Finance (MUTM) currently operates within phase 4 while its token price remains at $0.025. The strong market interest led investors to purchase 9,100 tokens out of the 425 million available which generated $7.2 million in total sales. Current buyers participating in Phase 5 will obtain a 20% increase as the token value rises to $0.03 from the current $0.025 during phase 4. Tokenomics structure ensures investors will achieve a total 140% return after the assets list on exchanges for $0.06. An analysis predicts Mutuum Finance tokens will reach $3.50 after launch date which would result in a 13900% return on investment across phase 4. One starts with a $1,000 investment and will grow to become $140,000 during 2025. A Certik smart contract audit result will soon be made available through social channels to enhance trust in the platform. Mutuum’s DeFi Edge Mutuum Finance now permits the top 50 community members to receive bonus tokens as part of their extended platform support. Mutuum Finance runs with a stable lending system that combines peer-to-peer together with peer-to-contract lending due to its overcollateralized loan requirement and interest-generating capability of mtTokens. The platform directs revenue towards buying tokens to sustain market demand through its buy-and-distribute operation strategy. A rapidly selling ecosystem in Phase 4 serves as the main advantage for early platform investors to take an interest. The utility-based approach of MtToken outperforms Dogecoin because it draws investors whose main goal is dependable market expansion. Why Mutuum Outshines Dogecoin The predicted 500% rally for Dogecoin entices investors yet its speculative nature fails to match Mutuum Finance (MUTM) that utilizes mathematics to construct its DeFi system. The entry price of $0.025 during Phase 4 operates as a brief but vital moment to achieve 140% listing revenue growth and subsequent opportunities for up to 13,900% returns when the price reaches $3.50 in 2025. Visit Mutuum Finance to join the presale before phase 5’s price jump. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
ADA at the Crossroads: Can Cardano Defend Its Key Support? In the ever-changing world of digital assets, Cardano (ADA) finds itself at an important stage, with its price action presently moving around the most important support levels. This moment, noted by attentive investors, shows that it is a decisive period for the token and is in contrast with the increased exposure and bullish sentiment surrounding both Avalanche (AVAX) and the emerging force that is MAGACOIN FINANCE. Cardano’s Balancing Act: Testing Key Support Cardano’s journey has never lacked drama for those who have always followed its developments and price movement. According to the latest live market data, ADA is presently trading around the $0.38 price mark–a zone that is watched closely by analysts and investors. While the project’s community and its technology remain strong, investors are still advised to be cautious. A drop below the $0.38 support could open the asset to an increased movement downwards. A sustained bounce here could also kickstart bullish optimism Experienced traders are looking at the best entry strategies ADA’s ability to hold ground here will likely shape the way the token will trade. Avalanche Builds Momentum Amid Investor Optimism AVAX Rises with Ecosystem Growth and Layer 1 Traction Avalanche (AVAX) has been seeing increased analyst attention thanks to its huge ecosystem advances and a clear rise in investor demands. According to live data, the token is trading around $26.07, seeing a jump of 9% in the past week, showing a big market interest. AVAX is benefitting from scalability and its high-speed transaction capabilities. Its growing ecosystem has been impressing developers and investors alike. Its position in the layer 1 space appears to favor the token. Smart investors see this action as evidence of Avalanche’s strong positioning within the broader crypto industry. MAGACOIN FINANCE: A Rare, High-Reward Opportunity Emerging While established projects continue to move close to important technical levels, experienced investors are currently scanning the market for opportunities where rewards could transform things. Enter MAGACOIN FINANCE–the new crypto star attracting lots of forward-thinking investors looking for early entry. Structured for long-term upside and designed for increased multiple growth. Access is still open for early investors before a wider exposure in the market. Detailed tokenomics and a perfect foundation that fuels investor momentum. What makes MAGACOIN FINANCE attractive? It is a project that has been gaining attention from smart money, positioned well before listings, and has global access–a true rare quality in the crowded market of today. Knowledgeable traders recognize this upside before the rest of the market catches on, seeing that the entry window is still open, and the token is still trading below its breakout zone. Why Investors Are Jumping In Now For experienced investors, the mathematics is simple: the best opportunities are found where Visionary projects like MAGACOIN FINANCE offer the best entry position ahead of the herd. Backed by a constantly growing community Backed by detailed fundamentals Capable of delivering big returns in the next wave of digital investments. MAGACOIN FINANCE is making its mark as a standout performer among the next generation of digital assets. To find out more about MAGACOIN FINANCE, visit: https://magacoinfinance.com https://x.com/magacoinfinance
Healthcare technology firm Semler Scientific has further deepened its Bitcoin investment, acquiring approximately $10 million worth of the digital asset since February 14, according to a statement released on April 25. The company confirmed the purchase of 111 Bitcoin at an average price of around $90,000 per coin. Overall, Semler now holds more than 3,300 Bitcoin, valuing its total crypto treasury at about $300 million. Measuring Bitcoin Yield Performance Semler highlighted that its Bitcoin acquisitions have contributed to a Bitcoin yield of 23.5% for shareholders so far this year. The Bitcoin yield metric compares the company’s Bitcoin holdings to its number of outstanding shares, helping to demonstrate how Bitcoin exposure per share has grown. “Semler Scientific uses BTC Yield as a [key performance indicator] to help assess the performance of its strategy of acquiring bitcoin in a manner Semler Scientific believes is accretive to stockholders,” the company explained. Since initiating this strategy in February, Semler has been aggressively building its Bitcoin position. Financing the Bitcoin Strategy The company stated it purchased its Bitcoin treasury for an average price close to $89,000 per coin. With Bitcoin currently trading at around $95,000, Semler’s investment has seen early gains. To support its Bitcoin acquisitions, Semler has financed the purchases by issuing roughly $125 million in new stock. Additionally, in January, the firm announced plans to raise another $75 million through a private offering of convertible senior notes. Semler Scientific primarily operates in the healthcare sector, developing diagnostic products that help detect chronic diseases. Corporate Bitcoin Holdings on the Rise Semler’s move follows a broader trend among corporations accumulating Bitcoin for their treasuries. Data shows public companies collectively hold approximately $71 billion worth of Bitcoin as of April 25. Leading the pack is Michael Saylor’s Strategy (formerly MicroStrategy), which boasts a treasury valued at over $50 billion. During the week of April 14 alone, Strategy acquired an additional 6,556 Bitcoin at an average price of $84,785 per coin. Despite corporations building significant Bitcoin reserves, they still trail behind Bitcoin holdings managed by exchange-traded funds (ETFs), which control about $110 billion in Bitcoin. Semler’s aggressive Bitcoin strategy mirrors the growing institutional appetite for digital assets, signaling a continuing shift in corporate finance strategies.
On Friday, the Social Security Administration rolled out a new ChatGPT-style chatbot called “Agency Support Companion.” The tool was meant to help staff handle routine tasks and boost productivity. Instead, employees say it barely works, and a mismanaged launch has left many wondering if automation is the right path for America’s largest social services agency. In recent months, Musk’s organization, known internally as DOGE , has aggressively reduced federal agencies by cutting jobs and budgets. The push toward an “AI-first” model aims to replace human workers with software wherever possible. As part of that strategy, the new chatbot was built into the everyday workflows of agency staffers, reported by Wired, with the promise of easing their workload. An internal email described it as a way to “assist employees with everyday tasks and enhance productivity,” but in practice, the app has received little attention. Sources inside the agency say the roll-out was accompanied by a painfully bad training video featuring a poorly animated, four-fingered woman. The clip was supposed to guide users through the app’s features, but it failed to warn staff against uploading sensitive personal data. This slip forced the agency to send a follow-up email reading, “Our apologies for the oversight in our training video,” to warn employees of the risk. Few people have taken the SSA AI training video seriously “I’m not sure most of my coworkers even watched the training video,” one Social Security staffer told Wired. They added that when they tested the chatbot, “several of the responses I received from it were incredibly vague and/or inaccurate.” Other employees reportedly mocked the crude graphics. “Nobody I know is [using it]. It’s so clumsy and bad,” the source said. Critics warn that this stumbling start may foreshadow wider failures. Similarly, in Brazil, during 2018, a state-owned company called Dataprev launched Meu INSS, an app designed to process social security claims using computer vision and natural language processing. However, the system has often rejected valid claims due to minor errors, triggering lengthy legal appeals. One example involves 55-year-old Josélia de Brito, a former sugarcane worker whose retirement application was denied because the automated system misidentified her gender. “I have all the documents proving my health condition, proving everything, and [the benefit] still gets denied. It’s a humiliation,” she told the Rest of World. Rural farmworkers, many of whom lack basic digital skills, have struggled with the shift to online services. “People out here cannot [even] work with Gmail, Facebook, Instagram,” said Francisco Santana, president of the Union for Rural Workers at Barra do Corda. “Processes are [getting] more and more automated, and society wasn’t made ready for it, especially further away, in the outskirts, for people that live in rural areas.” Those hurdles abroad highlight potential pitfalls for the U.S. Social services are already under pressure to “modernize,” a push that began under the Trump administration’s team of so-called technocrats. Musk’s DOGE has taken that mission further by seeking to cut the federal workforce in half. “Everything that can be machine-automated will be. And the technocrats will replace the bureaucrats,” a person familiar with DOGE’s plans told the Washington Post. DOGE’s emphasis on automation has bred confusion rather than efficiency. A recent mishap at the SSA illustrates the stakes. DOGE staff reportedly marked “countless” living benefit recipients as “dead,” cutting off their payments. “About 4 million people, they marked them as dead,” said Rennie Glasgow, a longtime claims technical analyst at the agency, speaking to The Daily Beast. “They’re sending us an email saying, ‘If these people come into the office with their identification, you can reinstate them.’” That reinstatement process can take “about three to four days,” Glasgow added, as staff must manually “resurrect” each recipient in the system. Beyond stopping benefits, DOGE also plans to rewrite the SSA’s entire software codebase within months. Sources say that to meet that deadline, the team will almost certainly rely on AI for coding, a practice that demands close oversight because of the high error rate in machine-generated code. Given DOGE’s rocky track record so far, an automated overhaul could introduce even more chaos. Some observers suspect those mistakes may be intentional. A school of critics argues that DOGE’s goal isn’t genuine reform but rather the destabilization of the SSA to pave the way for privatization. If so, the misfires and mayhem may be exactly what Musk’s team is aiming for. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Cryptocurrency analytics company Alphractal has published a new analysis of the altcoin market. According to the company’s data, RAY has the highest Long/Short ratio among all altcoins. Following RAY, GTC, COS, DOT, ALPHA, MELANIA, AUDIO and REZ are among the other altcoins where long positions are higher than shorts. The Alphractal team noted that excessively high long/short ratios generally negatively impact altcoin performance, but can also occasionally trigger price bottoms. According to the company, this can create a short squeeze dynamic, with traders closing long positions and opening short positions when prices start to rise again. However, it was emphasized that an increase in Open Interest volume is required for this scenario to occur. Alphractal predicts that there is currently no significant increase in Open Interest in altcoins, so prices may move sideways in the coming days. Image shared by Alphractal showing the long/short ratio in altcoins. Related News: Will History Repeat Itself in Bitcoin (BTC)? Expert Analysts Give Their Predictions On the other hand, Alphractal CEO Joao Wedson announced that an important signal has re-emerged on the Bitcoin side. Wedson stated that the Bitcoin/Stablecoin Reserve Ratio on Binance has given a signal in the $76,000–$77,000 range again, reminding that this level has predicted major Bitcoin rallies in the past. Wedson used the following statements in his statement: “This behavior suggests that stablecoin reserves are growing faster than Bitcoin reserves, suggesting that there is ample capital ready to flow into crypto assets. The same signal appeared after the ‘Coronadump’ in 2020, at the end of 2022, and now again. In all of these instances, the Bitcoin price reacted positively.” *This is not investment advice. Continue Reading: Top 8 Altcoins with the Highest Long Position Ratio Revealed: Here’s the List and What It Means