Leveraged 2x XRP ETF to Launch in US Tomorrow Despite Spot XRP ETF Still Pending Approval – Eric Balchunas 💰Coin: XRP ( $XRP ) $1.91
The cryptocurrency market has recently faced a significant downturn, with an average decline of 15% across major digital assets. Despite this volatility, seasoned investors continue to place their confidence in established cryptocurrencies like Solana (SOL), XRP, and Bitcoin (BTC), anticipating their resilience and potential for recovery in 2025. Concurrently, emerging projects such as MAGACOINFINANCE are gaining attention for their promising prospects. Solana (SOL), XRP, and Bitcoin (BTC): Current Market Performance and Outlook As of April 7, 2025, the cryptocurrency landscape reflects the following prices: Solana (SOL): Trading at $101.40, SOL has experienced a 14.8% decline from the previous close. XRP: Currently priced at $1.79, marking a 14.4% decrease. Bitcoin (BTC): With a current price of $77,114.00, BTC has seen a 6.9% drop. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: An Emerging Opportunity Amid Market Volatility While established cryptocurrencies navigate the current market fluctuations, MAGACOINFINANCE is distinguishing itself as a project with significant growth potential. Unprecedented Growth Potential MAGACOINFINANCE has successfully raised over $5.3 million in its pre-sale phase, reflecting strong investor confidence. With a total supply capped at 100 billion tokens, the project is strategically positioned for potential appreciation as it approaches its official listing. Exclusive Offer: 50% Bonus with MAGA50X Investors have a limited-time opportunity to maximize their holdings through the MAGA50X bonus: Pre-sale Price: $0.0002704 per token Listing Price: $0.007 per token By applying the MAGA50X bonus, the purchase price is effectively reduced to $0.0001803 per token. This adjustment enhances the potential Return on Investment (ROI) to approximately 3,782%, or a 37.82x increase. Consequently, a $1,000 investment at this rate could potentially grow to $37,820 before the first exchange listing. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Hedera (HBAR) and Chainlink (LINK): Additional Considerations Other cryptocurrencies also present investment opportunities: Hedera (HBAR): Currently trading at $0.1373, down 12.4% from the previous close. Chainlink (LINK): Priced at $10.83, experiencing a 14.0% decline. While these assets have potential, their capacity to deliver exponential returns from current price points may be more constrained compared to emerging projects like MAGACOINFINANCE. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion MAGACOINFINANCE offers compelling opportunities for substantial returns, especially for investors seeking early-stage ventures with high growth prospects. As always, thorough research and consideration of market dynamics are essential when making investment decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Crypto Market Crashes 15%, But Solana, XRP, and Bitcoin (BTC) Remain 2025 Favorites
Former Binance CEO Changpeng Zhao has reportedly been appointed to advise Pakistan on Web3 and blockchain technology. Local media in Pakistan is reporting that CZ has joined the Pakistan Crypto Council as a strategic advisor for the country of 247 million. Says Senator Muhammad Aurangzeb, Finance Minister of Pakistan, of CZ’s involvement, “This is a landmark moment for Pakistan. We are sending a clear message to the world: Pakistan is open for innovation. With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth.” Bilal Bin Saqib, CEO of the Pakistan Crypto Council said, “Pakistan is opening its doors to the future of finance. And who better to guide us on this journey than CZ — a pioneer who built the world’s largest crypto exchange and changed the way billions think about financial freedom.” According to CZ, Pakistan offers “limitless” potential to crypto. Last week, the Binance founder also inked a deal to advance crypto technologies in the Central Asian nation of Kyrgyzstan. Said CZ at the time, “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ex-Binance CEO Changpeng Zhao Appointed Strategic Advisor by Pakistan’s Crypto Council appeared first on The Daily Hodl .
Galaxy Digital Secures SEC Approval for U.S. Listing, Targets Nasdaq Debut in May
Big money is flowing into Ethereum's market. But is a profitable ROI assured?
Galaxy Digital is moving closer to a U.S. stock market listing after the Securities and Exchange Commission (SEC) approved its registration statement tied to a corporate reorganization. The crypto and AI infrastructure firm, currently listed in the Toronto Stock Exchange, aims to shift its home base from the Cayman Islands to Delaware and list shares on the Nasdaq as “GLXY.” The firm’s expansion into the U.S. market comes as institutional demand for regulated crypto products continues to grow. The company has scheduled a shareholder vote on the reorganization for May 9. The firm is expected to list shortly afterward. CEO Mike Novogratz called the registration effectiveness “an important milestone” in the firm’s bid to expand its reach. Galaxy provides institutional services in crypto trading, asset management, and tokenization. It also invests in and operates data centers that power AI and high-performance computing. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy .
As Ethereum (ETH) has reached $1,814, many long-term ETH traders are now diversifying into Mutuum Finance (MUTM), an emerging player in the DeFi lending space. Despite ETH’s market strength, these investors are recognizing the immense growth potential of MUTM, which is priced at $0.025 in its current presale phase. The project has managed to secure over $6.3 million from investors. Over 7900 holders have entered the Mutuum Finance (MUTM) presale during phase 4 due to the system plans to double its price from $0.025 to $0.03. Those starting to invest now during this phase will earn 140% return at the launch price of $0.06. MUTM could hit $4 after launch. A DeFi Powerhouse Gaining Traction Mutuum Finance is transforming the decentralized lending market through its revolutionary dual-lending technology which drives its exponential growth. Approximately 7900 investors partook in support of the project by investing $5.9 million after recognizing its value potential during its presale period. The current price of Mutuum Finance Token stands at $0.025 in Phase 4 but investors will experience additional value from the upcoming Phase 5 price increase of 20%. Mutuum Finance brings out the revolutionary change to Defi by incorporating Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. The P2P provides passive income opportunities to customers by placing them in USDT liquidity pools through smart contract managed automatic lending capabilities. The P2P method enables direct lending relations that allow customers to operate deals without intermediaries while keeping their capital intact. The linkage of P2C and P2P models at Mutuum Finance creates an investment opportunity with enhanced safety alongside improved efficiency and decentralized features as a DeFi investment solution for maximum-yield seekers. A Secure and Trustworthy Financial Ecosystem Mutuum Finance plans to construct a completely collateralized stablecoin backed by USD fixed within the Ethereum blockchain to support its entire ecosystem. This cryptocurrency exceeds algorithmic stablecoins’ requirements by using extra collateral thus reducing both the risks and maintaining stability over time. Such an approach provides complete investor confidence because it combines open financial architecture with audited smart contracts while avoiding the failures that devastated other DeFi projects. Investor Incentives and Community Expansion The company builds its community base through rewarding investors with attractive benefits. The fund will send 10 fortunate participants $10,000 worth of Mutuum Finance tokens through its $100,000 token distribution campaign combined with its award-winning referral system that rewards users for acquiring new participants. The platform offers exclusive staking pools and governance rights and VIP update access to its early adopting community members as they develop long-term loyalty with Mutuum Finance. Sustainable Tokenomics for Long-Term Growth The tokenomics system of this project uses mechanisms which control token release and promote price stability for the long-term. Scarcity of tokens and deflationary mechanisms applied during presales lead Mutuum Finance to establish price appreciation potential in the long term. High incentive rewards and active token participation are possible through its staking feature which builds long-term functionality and maintains a healthy ecosystem. The growing interest from long-term Ethereum (ETH) traders in Mutuum Finance (MUTM) highlights a shift toward emerging opportunities in the DeFi market. Despite Ethereum’s strong market position, many investors are recognizing the impressive growth potential of MUTM, which has already raised over $6.3 million from more than 7,900 presale investors. With its price set to increase by 20% in Phase 5, those investing now are positioned to see a 140% return when the project launches at $0.06. Don’t miss the chance to invest before the next price increase as this could be your opportunity for significant returns in the crypto market. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Today in crypto, Pakistan has tapped former Binance CEO Changpeng “CZ” Zhao as an adviser to its national crypto council; an Ethereum whale moved to deposit $14 million in ETH to prevent liquidation on a $340 million short position; and Bitcoin’s hashrate has officially surpassed 1 zetahash per second, marking a major milestone for the network. Pakistan appoints Changpeng Zhao as crypto adviser as adoption heats up Former Binance CEO Changpeng “CZ” Zhao has been appointed as an adviser to Pakistan’s Crypto Council, a newly formed regulatory body tasked with overseeing the country’s embrace of blockchain technology and digital assets. The appointment was confirmed by Pakistan’s finance ministry and reported by Bloomberg on April 7. Zhao will advise the regulatory body on cryptocurrency regulation, infrastructure and adoption, Bloomberg reported. In March, the CEO of Pakistan’s Crypto Council, Bilal bin Saqib, told Bloomberg that the country plans to develop a clear regulatory framework for digital assets. “Pakistan is done sitting on the sidelines,” Saqib said. “We want to attract international investment because Pakistan is a low-cost high-growth market with [...] a Web3 native workforce ready to build.” CZ is seen signing documents during his appointment by Pakistan’s Ministry of Finance. Source: Business Recorder Whale makes $14 million Ether emergency deposit to avoid $340 million liquidation An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure. The whale is reportedly close to liquidation on a 220,000 Ether ( ETH ) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai ( DAI ) to raise the position’s liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X. “If $ETH drops to $1,119.3, the 220,000 $ETH($340M) will be liquidated.” Source: Lookonchain The development came hours after another Ether investor was liquidated for over $106 million on the decentralized finance (DeFi) lending platform Sky. The whale lost more than 67,000 ETH when the asset crashed by around 14% on April 6. Sky’s system employs an overcollateralization ratio, typically 150% or higher, meaning that users need to deposit at least $150 worth of ETH to borrow 100 DAI. Bitcoin hashrate tops 1 zetahash in historic first The Bitcoin network hashrate has topped 1 zetahash per second (ZH/s) for the first time in Bitcoin’s 16-year history, according to several blockchain data sources. Bitcoin’s hashrate crossed the milestone on April 5 at a peak of 1.025 ZH/s, according to mempool.space data, while BTC Frame data said it hit 1.02 ZH/s a day earlier. Bitcoin’s hashrate has fallen back below 0.95 ZH/s on April 7 since reaching 1 ZH/s. Source: BTC Frame Data from Coinwarz says that Bitcoin hashrate soared to as high as 1.1 ZH/s on April 4 at block height 890,915 — however, the same data indicates that Bitcoin first crossed 1 ZH/s on March 24. The Bitcoin network’s reported rise to 1 ZH/s — equivalent to 1,000 Exahashes per second — marks a 1,000x increase since late January 2016, when Bitcoin first hit 1 EH/s for the first time.
Larry Fink said many of his peers believe the U.S. is mired in a recession, but he added that it's a good time to buy the dip.
Swissblock highlights a positive trend in Bitcoin's Fundamental Index. Liquidity levels are critical for new market entries and potential price increases. Continue Reading: Swissblock Reveals Bitcoin’s Potential Upsurge with Key Indicators The post Swissblock Reveals Bitcoin’s Potential Upsurge with Key Indicators appeared first on COINTURK NEWS .