The post Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges appeared first on Coinpedia Fintech News Roger Ver, once known as “Bitcoin Jesus,” is now facing serious charges, including mail fraud, tax evasion, and filing false returns. But Ver isn’t relying on the courts alone—he’s taking his fight to Capitol Hill. $600K Lobbying Effort to Influence Congress According to filings, Ver paid $600,000 to Trump ally Roger Stone to lobby Congress to amend the law he’s accused of breaking. The New York Times reported that Stone was hired in February. Ver denies wrongdoing but admits he struggled to manage his U.S. exit tax, citing Bitcoin market illiquidity at the time. In a January video , Ver made a public appeal to Trump, warning he faces over 100 years in prison for promoting crypto. The government accuses Ver of evading at least $48 million in taxes after renouncing his U.S. citizenship. Ver maintains the situation was complicated, blaming the illiquidity of Bitcoin for making it difficult to comply. Crypto Voices Rally Behind Ver Support for Ver is growing. Silk Road founder Ross Ulbricht, serving a life sentence, has called for Ver’s pardon, highlighting Ver’s past support. American economist Jeffrey Tucker also defended Ver, calling him a hero being punished for advocating freedom. Ver’s push coincides with Trump’s growing support for crypto and retreat from tough SEC regulations. Whether Ver’s lobbying will pay off remains uncertain, but the message is clear: crypto’s future now runs through political corridors. Why did Roger Ver pay $600,000 to Roger Stone? Roger Ver paid $600,000 to Roger Stone to lobby Congress to amend the law he is accused of breaking and to influence political support for his legal battle. Is Donald Trump’s pro-crypto stance likely to help Roger Ver’s case? Trump’s softer stance on crypto could create a more favorable political environment, but it’s unclear if it will directly impact Ver’s legal outcome. How did Bitcoin’s illiquidity cause Ver’s tax issues? Ver claims Bitcoin’s market was too illiquid when he renounced his U.S. citizenship, making it difficult to sell enough coins to cover his exit tax obligations.
In the ever-evolving landscape of digital finance, finding a place where cryptocurrency thrives isn’t just about technology; it’s about environment. Crypto enthusiasts, businesses, and investors are constantly seeking locations that offer a supportive ecosystem. According to a recent report, one European capital has risen above the rest, earning the coveted title of the world’s most crypto-friendly city . This recognition highlights not just technological readiness, but a holistic approach embracing the future of finance. Why is Ljubljana Crowned the Most Crypto-Friendly City? The Slovenian capital, Ljubljana, has been recognized by migration advisory firm Multipolitan as the world’s most crypto-friendly city. This significant finding comes from Multipolitan’s 2025 Crypto Report, which evaluated 20 global cities. The ranking isn’t based on a single factor but an all-around assessment covering several crucial areas that contribute to a thriving crypto adoption environment. This comprehensive approach provides a robust picture of what makes a city truly welcoming to the digital asset space. Multipolitan’s methodology delves deep into the elements that matter most to the crypto community. Key factors considered include: Regulatory Environment: Assessing the clarity and supportiveness of local and national regulations concerning cryptocurrencies. A predictable legal framework is vital for both users and businesses. Taxation: Examining how crypto assets and transactions are taxed. Favorable or clear tax policies reduce uncertainty and encourage participation. Crypto Infrastructure: Evaluating the availability of essential services like crypto exchanges, blockchain companies, and the presence of physical infrastructure such as crypto ATMs. Lifestyle Factors: Incorporating broader economic and quality-of-life metrics, including GDP per capita, housing affordability, and internet speed, which indirectly support a tech-savvy population open to crypto. Popularity of Crypto ATMs: A specific metric highlighting accessible points for converting between fiat and crypto, indicating public usage and acceptance. This multi-faceted evaluation places Ljubljana at the forefront, demonstrating a balanced strength across various domains crucial for fostering a positive Slovenia crypto ecosystem. The report indicates that Ljubljana successfully combines supportive policies with tangible infrastructure and a conducive living environment. Ljubljana’s Edge and Global Competition While Ljubljana secured the top spot, the report also highlighted other cities making significant strides. Hong Kong and Switzerland’s Zurich were tied for second place, showcasing their strong positions as financial centers with growing crypto relevance. Their high ranking underscores the global nature of the push towards greater crypto integration, with different regions adopting different strategies to become a leading crypto hub . Ljubljana’s success suggests that a supportive regulatory stance, combined with practical infrastructure and a high quality of life, can outweigh the traditional dominance of larger financial hubs when it comes to crypto-friendliness. This provides a compelling case study for other cities looking to attract crypto talent and investment. Beyond City Limits: Slovenia’s Crypto Wealth The positive news for Slovenia extends beyond just its capital city. The Multipolitan report also ranked countries based on the average wealth held per crypto holder. In this category, Slovenia also topped the list, with an approximate average of $245,000 worth of crypto assets per holder. This statistic is remarkable and suggests not only widespread crypto adoption within the country but also a significant level of investment and potentially long-term holding among its population. It paints a picture of a nation where crypto is not just present, but actively utilized and valued at a high level. What Can We Learn from Ljubljana’s Success? Ljubljana’s recognition as the world’s most crypto-friendly city offers valuable insights for policymakers, businesses, and individuals interested in the future of finance. It underscores the importance of: Clear Regulation: Ambiguity is a major hurdle for crypto growth. Supportive and clear rules build confidence. Accessible Infrastructure: Making it easy for people to buy, sell, and use crypto through ATMs and accessible exchanges is key to mass adoption. Integration with Lifestyle: A city’s overall economic health, connectivity, and affordability contribute to its attractiveness for the crypto community, many of whom value flexibility and digital integration in their lives. The case of Ljubljana demonstrates that being a leading crypto hub is achievable through a deliberate strategy focusing on creating a welcoming environment from multiple angles. Conclusion: Ljubljana Leads the Way Multipolitan’s 2025 Crypto Report shines a spotlight on Ljubljana, Slovenia, as a global leader in fostering a crypto-friendly environment. By excelling in areas like regulation, infrastructure, and lifestyle factors, Ljubljana has set a benchmark for what it means to truly embrace the digital asset revolution. Coupled with Slovenia’s impressive average crypto wealth per holder, the country is positioning itself as a significant player in the global crypto space. As the world continues to navigate the complexities and opportunities of cryptocurrency, cities like Ljubljana provide a clear example of how to build a thriving ecosystem for the future of finance. To learn more about the latest crypto market trends, explore our articles on key developments shaping crypto adoption and regulation globally.
MagicBlock, a developer of real-time infrastructure for decentralized games and applications on the Solana blockchain, has secured $7.5 million in a seed funding round. The round was led by Faction Ventures, with participation from Maven 11 Capital, Delphi Digital, Robot Ventures, Mechanism Capital, and Equilibrium. The funding aims to support MagicBlock's efforts to enable fully on-chain gaming experiences on Solana, leveraging scalability features of the Solana network. The company has also received backing from Lightspeed and Solana co-founder Anatoly Yakovenko. Industry observers have praised the MagicBlock team for their innovation and technical expertise in building on the Solana foundation. 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
OKX, a prominent cryptocurrency exchange, announced the upcoming launch of its OKX Pay Wallet next week. The new wallet is designed as a private keyless solution requiring Know Your Customer (KYC) verification and will be integrated with OKX's Ethereum Layer 2 platform. This launch aims to facilitate broader cryptocurrency adoption by targeting up to one billion users. The OKX Pay Wallet will include a card feature, potentially enabling daily transactions using stablecoins such as USDT. The product is part of OKX's broader strategic focus on regulatory compliance and payment finance (PayFi), reflecting its ongoing investments in user experience, research, and development. OKX has recently enhanced its platform with UI upgrades and expanded access, including availability on the US App Store for both its exchange and wallet applications. 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
After a sharp market correction that tested conviction across the board, optimism is slowly returning to the crypto sector. Leading the recovery are the usual suspects— Bitcoin , Ethereum , and XRP —each demonstrating that time-tested fundamentals and large-scale adoption matter, especially in turbulent times. These projects have proven they can absorb shocks, adapt quickly, and continue to lead the broader conversation. But as attention settles on familiar names, a new generation of assets is quietly forming its own path forward. One name gaining traction in these early stages is MAGACOINFINANCE . MAGACOINFINANCE Is Earning Respect by Avoiding the Spotlight—and Delivering Anyway While some projects live off hype, MAGACOINFINANCE has taken the opposite approach—building quietly and consistently. It didn’t surge with the market, nor did it fade during the crash. It simply kept developing, growing its user base, and attracting the attention of researchers and early investors who look past surface-level trends. In recent weeks, conversations about MAGACOINFINANCE have shifted. It’s no longer a question of whether the token has potential—it’s about how much of that potential is already being realized. Community strength, wallet metrics, and early integrations all point in one direction: steady, healthy momentum. It’s not trying to outshine giants like Ethereum or Bitcoin . It’s simply carving out space of its own—and doing it well. Rebound Watch: Cardano, Toncoin, Chainlink, and Stellar Cardano continues to play the long game. Its slow, peer-reviewed approach to development can frustrate some, but it has earned deep trust from long-term holders. After the crash, it has rebounded with the same steady resilience that defines its roadmap. Toncoin is expanding its reach via integrations with everyday digital platforms. Its growth trajectory is unique—leaning on mobile usability and mainstream accessibility to drive real-world engagement. Chainlink remains the cornerstone of smart contract data. With nearly every major Decentralized finance protocol depending on its oracles, its value is undeniable. Volatility doesn’t shake its relevance—it reinforces it. Stellar remains mission-driven. Focused on cross-border payments and financial inclusion, its post-crash performance reflects strong backing and continued use in emerging economies and fintech platforms. All four continue to bring substance to the table. But in a market hungry for new momentum, MAGACOINFINANCE is offering something different: the promise of early-stage movement built on execution—not speculation. Closing Outlook The dust hasn’t fully settled, but the direction is clearer. Bitcoin , Ethereum , and XRP continue to inspire confidence. They are the cornerstones of this space for good reason. But as 2025 approaches, investors aren’t just asking which coins will recover. They’re asking which ones are quietly getting ready to lead. MAGACOINFINANCE may not have peaked—because it’s only just begun. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Post-Crash Optimism Remains for Ethereum, XRP, and Bitcoin (BTC)
The post Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K appeared first on Coinpedia Fintech News Bitcoin price is closely correlated with many altcoins that closely follow the trend. These altcoins have been following the BTC price rally and experiencing a similar price action to the star token. Therefore, now that Bitcoin is believed to revive a strong ascending trend soon, these cryptos are expected to follow and probably rise and reach new highs. The entire market triggered a massive breakout in Q4 2024, which pushed the BTC price to a new ATH close to $109K. This has also elevated the prices of the altcoins like Ethereum, XRP, Litecoin, Solana & Dogecoin. While Ethereum peaked above $4000, XRP above $3.3, Bitcoin almost reached $150, and Dogecoin $0.5. Meanwhile, the winner of the race was Solana, which managed to peak and form a new ATH above $295. While almost the whole market faced a major rejection, followed by a pullback, these altcoins maintained the same ascending consolidation as Bitcoin. The prices of ETH, XRP, LTC, DOGE & SOL have been consolidating since the start of the month but under bullish influence. All of them are testing the resistance strongly and preparing for the next bullish move by the BTC. Once done, these altcoins are believed to trigger a 30% upswing. While Bitcoin price is primed to rise back to $100K after securing the resistance at $95,000, Ethereum price is expected to surge above $2000. Besides, the XRP price is expected to surpass the crucial resistance at $2.6. Meanwhile, Solana’s price is expected to make it to $180, and Dogecoin’s price could surge above $0.2 and eventually reach $0.25. However, to do so, the Bitcoin price is required to close the weekly trade above $95,000 and secure the resistance at $96,800 before the end of the month.
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XRP shows uncertainty in its short-term price movements and patterns. Key support at $1.82 is essential for potential recovery. Continue Reading: Navigate Uncertainty: XRP’s Price Movements Stumble Yet Show Potential The post Navigate Uncertainty: XRP’s Price Movements Stumble Yet Show Potential appeared first on COINTURK NEWS .
Bitcoin has seen a modest decline in price after climbing above $94,000 earlier in the week. At the time of writing, BTC is trading at $92,775, reflecting a 1.3% decrease over the past 24 hours. The move comes after a multi-day rally that saw Bitcoin gain nearly 10% since the beginning of the week, raising questions about whether the recent momentum is sustainable or a temporary uptick amid broader market uncertainty. While price action has stalled slightly, on-chain data and exchange behavior are beginning to shape a clearer narrative for Bitcoin’s short-term outlook. Related Reading: Bitcoin Explodes Above $94,000 — What’s Igniting The Fire? Shift in Exchange Flows Signals Accumulation and Reduced Selling Pressure According to a new analysis from CryptoQuant contributor Novaque Research, investor behavior on Binance, currently one of the largest retail-focused crypto exchanges, may offer valuable insight into what comes next for BTC, particularly regarding liquidity conditions, positioning, and potential short-term price squeezes. Novaque Research pointed to notable changes in exchange flow patterns that appear to coincide with Bitcoin’s recent price behavior. Between April 6 and April 10, Bitcoin inflows into Binance exceeded 15,000 BTC. During this same period, Bitcoin’s price hovered in the $85,000 to $87,000 range. The analysts interpret this as indicative of increased sell-side pressure, likely driven by short-term traders liquidating positions or preparing for tax-related obligations. In contrast, between April 19 and April 23, Binance experienced over 15,000 BTC in outflows as the price moved above $93,000. This activity suggests a shift toward accumulation, with investors moving assets into self-custody—a trend often viewed as bullish since it implies reduced short-term selling risk. Supporting this view, the Exchange Reserve metric shows a declining trend since April 18, while the Exchange Whale Ratio fell below 0.3 on April 23, suggesting that large-volume traders are stepping back, and the market is becoming more influenced by retail behavior. Bitcoin Short Squeeze Potential Emerges as Leverage and Whale Activity Decline Alongside changes in exchange flows, Novaque Research notes that the structure of Bitcoin’s leveraged positions has also evolved. According to the analysis, leveraged long positions were largely flushed out in the $82,000 to $88,000 range, indicating that many short-term traders exited during the recent price swings. At the same time, short positions remain concentrated just above the $92,000 level, which could make them vulnerable to a short squeeze if the market gains further upward momentum. Related Reading: Bitcoin Buyers Take Control on Binance, But Funding Rates Flash a Warning The report concludes that market conditions are now more balanced, with fewer large players influencing price direction and thinner liquidity zones above current levels. The CryptoQuant contributor noted: With the market structure cleaned up and liquidity thin above present levels, any trigger (ETF flows, Fed pivot , EM weakness) may rapidly propel BTC above $98K-$100K. Featured image created with DALL-E, Chart from TradingView
Data shows the Bitcoin Funding Rate has remained negative during the latest price rally, a sign that short behavior is dominant. Bitcoin Funding Rates Are Red At The Moment In a new post on X, on-chain analyst Checkmate has talked about the trend in the Funding Rate of Bitcoin. The “ Funding Rate ” refers to an indicator that keeps track of the amount of periodic fee that futures market traders are exchanging between each other right now. When the value of this metric is positive, it means the long contract holders are paying a premium to the short contract ones in order to hold onto their positions. Such a trend suggests a bullish sentiment is shared by the majority of investors on derivatives platforms. On the other hand, the indicator being under the zero mark implies the short holders are outweighing the long ones and a bearish sentiment is the dominant one. Now, here is the chart shared by the analyst that shows the trend in the Bitcoin Funding Rate over the last few years: As is visible in the above graph, the Bitcoin Funding Rate has slipped into the negative territory recently, which suggests short behavior has become more dominant on the exchanges. This trend has interestingly come while BTC has been going through a recovery rally. It would naturally suggest that the futures market users don’t think that this run would last. This bearish mentality can actually play to the benefit of the cryptocurrency, however, as if demand keeps the rally going, these shorts would end up finding liquidation , thus acting as fuel for the run. As Checkmate has noted in a reply post, the market has already seen significant short liquidations recently. It now remains to be seen whether this trend of a short squeeze would continue in the coming days, potentially allowing the Bitcoin price recovery rally to keep up. While futures market users may be getting bearish bets up, the overall sentiment in the cryptocurrency sector has turned bullish following the price surge, as the Fear & Greed Index suggests. The Fear & Greed Index is an indicator created by Alternative that uses various market factors to determine the sentiment present among the investors of Bitcoin and other digital assets. The metric is currently sitting at a value of 63, which implies a greedy mentality is dominant among the traders. BTC Price At the time of writing, Bitcoin is trading around $93,200, up more than 9% in the last seven days.