Circle's IPO delay reflects turmoil in U.S. markets and fintech companies. Continue Reading: Leading Crypto Analysts Share Insights Amid Market Turbulence The post Leading Crypto Analysts Share Insights Amid Market Turbulence appeared first on COINTURK NEWS .
The recent guidance from the U.S. Securities and Exchange Commission (SEC) indicates a significant shift in the regulatory landscape for stablecoins, particularly those tied to the U.S. dollar. This announcement
Analysts have set bold targets for Solana price near $50 and BNB price at $300 before the end of the year, despite the market’s recent volatility. At the same time, a relatively new token, Remittix(RTX) —currently priced at $0.0734 and having raised over $14.3 million with 525+ million tokens sold—could be on track to enter the Top 50 projects on CoinMarketCap by December. Solana Price Eyes $50 Despite PayPal Integration SOL around $113. Source: CoinGecko PayPal’s recent addition of SOL to its offerings has brought new energy to the Solana price, which now sits at around $113.82 . Many traders see PayPal’s endorsement as a major sign that Solana is ready for mainstream adoption. Solana’s quick and low-fee transactions make it a strong choice for digital payments. Despite this, Solana price is set to see a bullish target of $50. Some watchers also note that Kamino Meta-Swap and other developer-friendly solution s have helped the Solana price find stability. PayPal’s readiness to include Solana suggests that big platforms are prioritizing speed and user experience—two things the network is known for. If no unexpected market shake-ups occur, the Solana price may keep climbing, aiming to avoid that $50 marker within months. BNB Price May Drop to $300 BNB near $587. Source: CoinGecko Meanwhile, BNB price near $587.67 has drawn attention after Binance co-founder ChangpengZhao (CZ) pledged to donate 1,000 BNB (approx. $600,000) to earthquake victims in Myanmar and Thailand. This philanthropic move demonstrates how swiftly crypto-based aid can reach disaster zones. By removing red tape, blockchain donations provide funds directly where they’re needed. The charitable action highlights the role of BNB in boosting Binance’s public image , fueling speculation that the BNB price could surge. However, some crypto analysts see a dip to $300 or more. Furthermore, while some critics say these donations are publicity stunts, many see them as proof of cryptocurrency’s rising influence in humanitarian efforts. Remittix Soaring Toward the Top 50 Amid all the hype around Solana price potential and BNB price targets, Remittix (RTX) at $0.0734 has quietly stunned investors by raising $14.3+ million and selling well over 525 million tokens in its presale. Unlike tokens relying on advanced staking or meme culture, Remittix solves a tangible global problem: cross-border money transfers. By converting major cryptos into local fiat and delivering funds into traditional bank accounts—often within 24 hours—Remittix aims to disrupt a multi-trillion-dollar remittance market. For families, freelancers, and businesses tired of hefty fees and multi-day waits, Remittix (RTX) is a practical fix. Many see this approach as more stable than any short-lived hype. If Remittix inks partnerships with e-commerce or payroll platforms, usage could skyrocket, vaulting RTX into the CoinMarketCap Top 50 as soon as December. Observers note that real-world utility tends to drive more consistent demand, making Remittix less vulnerable to sudden dumps that often plague pure speculation coins. Conclusion Between the potential Solana price dip to $50, a planned BNB price drop to $300, Remittix(RTX) eyeing the CoinMarketCap Top 50 is a crypto market prediction that shows bullish signs by December. Solana’s integration with PayPal suggests mainstream platforms value fast, low-fee networks, supporting an upward move. Binance’s philanthropic efforts underscore BNB’s growing relevance, possibly pushing it to $300 if market sentiment remains positive. Yet it’s Remittix that might steal the spotlight, as its everyday solution for cross-border transfers resonates with both retail and institutional interests. Only time will tell if these targets hold true, but for now, momentum is on their side—and investors are clearly paying attention. Ready to Give Remittix a Go? Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The rise of structured Bitcoin exchange-traded funds (ETFs) signals a significant shift in how traditional investors are approaching cryptocurrency investments. The introduction of innovative offerings, such as those from First
First Trust Advisors has launched two Bitcoin ( BTC ) strategy exchange-traded funds (ETFs) designed to provide investors with Bitcoin exposure while capping losses and earning yield, the asset manager said. The move comes amid an outpouring of funds seeking to enhance Bitcoin’s appeal to traditional investors by offering tailored exposure to the cryptocurrency’s performance. The FT Vest Bitcoin Strategy Floor15 ETF (BFAP) is designed to track Bitcoin’s performance up to a capped upside while limiting drawdown risk to approximately 15%, First Trust said in an announcement . “Over the past few years, investors have shown a remarkably strong appetite for bitcoin-linked ETFs, but the potential for sharp drawdowns has kept many on the sidelines,” Ryan Issakainen, an ETF strategist at First Trust, said in a statement. First Trust launched two new Bitcoin strategy funds. Source: First Trust The FT Vest Bitcoin Strategy & Target Income ETF (DFII) is an actively managed fund aiming to offer partial Bitcoin exposure while generating a yield that beats short-dated US Treasurys by at least 15%, according to the asset manager. The DFII fund “will seek to take advantage of bitcoin’s high volatility to generate income by selling call options,” Issakainen said. The BFAP fund also uses financial derivatives to hedge downside risk. Options are contracts granting the right to buy or sell — “call” or “put,” in trader parlance — an underlying asset at a certain price. Related: Trump-linked Strive files for ‘Bitcoin Bond’ ETF Structured Bitcoin funds Launched in January 2024, Bitcoin ETFs emerged as one of last year’s hottest investment products. As of April 4, spot BTC ETFs collectively manage approximately $93 billion in assets, according to data from Bitbo. Bitcoin ETFs saw outflows after US President Trump announced tariffs. Source: Farside Investors Other types of ETFs designed to offer tailored exposure to Bitcoin’s performance are also gaining popularity. On April 2, Grayscale — a cryptocurrency-focused asset manager — launched two Bitcoin strategy ETFs . Like First Trust’s ETFs, they use financial derivatives to optimize for downside risk management and income generation. In March, asset manager Bitwise launched an ETF holding stocks of companies with large Bitcoin treasuries . Spot BTC ETFs saw nearly $100 million in outflows on April 3 amid the heightened market volatility following US President Donald Trump’s tariff announcement of sweeping tariffs on April 2. Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29
Bitcoin and the crypto market were hit by a price correction in response to the U.S. President Donald Trump’s tariff announcements on Liberation Day. Cosmos’s token ATOM defied the trend with nearly 10% gains on the day. ATOM could extend the rally by double-digits in the coming week. Table of Contents ATOM could gain from these catalysts ATOM technical analysis and price forecast On-chain and derivatives analysis ATOM ranks in top 7 gainers among 100 tokens eToro announces staking support for ATOM, driving gains ATOM could gain from these catalysts ATOM ( ATOM ), the native crypto token of the Cosmos network, gained nearly 10% on the day. The token could gain from key catalysts like higher utility and adoption of the underlying blockchain, and bullish on-chain metrics. ATOM above key support at $5, and technical indicators on the daily price chart show likelihood of further gains in the token. Both RSI and MACD signal an underlying bullish momentum in ATOM price trend. ATOM/USDT daily price chart | Source: Crypto.news The updates of the 21Shares staking ETP, Cosmos network partnerships, and gains in Bitcoin are the key catalysts that could influence ATOM price. ATOM technical analysis and price forecast ATOM could test resistance at the upper boundary of the FVG on the daily timeframe at $5.793. This marks nearly 15% gain in the token’s price. Two key momentum indicators, the RSI and MACD support a bullish thesis for ATOM. RSI reads 60, well under the overbought level at 70, and MACD flashes two green histogram bars in a row, meaning there is underlying positive momentum in ATOM price. ATOM could face resistance at $5.530 on its path to re-test $5.793 resistance and flip it into support. In the event of a price crash, ATOM could find support at the lower boundary of FVG at $3.965 and $3.582, the March 10 low for the token. ATOM/USDT daily price chart | Source: Crypto.news You might also like: XRP, ADA crash after Trump tariffs, traders race to this altcoin breaking records in March On-chain and derivatives analysis On-chain and derivatives data from Santiment show that there is a large spike in the total open interest in ATOM, in terms of USD. The increase corresponds with an increase in ATOM trade volume and the percent of stablecoin supply held by whales with over $5 million. These metrics represent the demand side for ATOM, signaling sustained demand that could support price gain in the token. ATOM on-chain and derivatives analysis | Source: Santiment Derivatives data from Coinglass shows an over 180% increase in volume, at $595.87 million on Friday. The long/short ratio, a key indicator of the position of derivatives traders, reads greater than one, meaning traders are betting on an increase in ATOM price. Typically, derivatives markets are considered indicative of price trend reversals or changes in the trend, therefore anticipation of price gain could result in higher spot prices in the medium to short term. Cosmos derivatives data analysis | Source: Coinglass You might also like: Circle files IPO amid declining profits and stiffening competition — will this shake Tether’s stablecoin dominance? ATOM ranks in top 7 gainers among 100 tokens Data from Social Intelligence platform LunarCrush shows 93 out of the top 100 cryptocurrencies ranked by market capitalization were down, as traders digested the impact of Trump’s Liberation Day announcements. ATOM ranks among the seven best performers with nearly double-digit gains and likelihood of an extended rally in the token. Bitcoin and top altcoins are consolidating or recording moderate gains, attempting to recover lost ground as crypto traders return to the market after a period of uncertainty. eToro announces staking support for ATOM, driving gains eToro, a social trading and multi-asset investment company, announced the addition of Cosmos and Polkadot to its crypto staking options. The announcement contributed to the catalysts driving gains in the token. Shortly after the announcement, ATOM started rallying and confirmed its uptrend. A Bitcoin flash crash could usher a market-wide correction and a decline in ATOM price. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Coinbase stock took a significant hit last Friday, tumbling over 10% amidst a broader market selloff influenced by geopolitical tensions. With Bitcoin maintaining relative stability, the contrasting performance of crypto
The leading American crypto exchange sank more than 10% at one point on Friday, even as Bitcoin and other cryptos stood firm.
As of April 5th, **cryptocurrency-related companies** in the US exhibited a **mixed performance** in the stock market, reflecting the volatile nature of the digital currency sector. **Coinbase**, a leading exchange,
Trump's SEC says that stablecoins tied to and backed by the U.S. dollar generally aren't securities—but some questions remain.