RedStone, the innovative oracle development team, has made headlines by deploying its services on MegaETH, a promising Ethereum Layer 2 solution. This deployment marks a significant shift away from the
The United States’ first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump’s campaign with hopes of pro-crypto regulations and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing the world order with his Liberation Day tariff announcements. Bitcoin ( BTC ) and altcoins have crashed alongside currencies and equities in the global markets, losing the edge as “digital gold.” While traders may have treated Bitcoin and crypto as a hedge against declines in global market crashes, Trump’s tariffs have leveled the field for all assets. Table of Contents US Crypto President’s tariffs erase Bitcoin gains Top 3 tokens to navigate the crypto market crash Bitcoin Price Forecast Is altcoin season coming? Expert commentary US Crypto President’s tariffs erase Bitcoin gains US President Donald Trump faced several lawsuits in 2024, the first crypto President now has a net worth of $5.1 billion, according to the 2025 Forbes Billionaire List. Trump has managed to turn around his legal troubles and a $454 million fraud judgment, crash global markets and erase Bitcoin gains in less than 100 days of his term at the Oval Office. Crypto proponents funded Political Action Committees to back the first pro-crypto President less than six months ago. Bitcoin holders and traders are now faced with pain as BTC faces one round after another of a flashcrash. BTC slipped to a new cycle low of $74,500 on Monday. Bitcoin made a swift recovery and BTC is consolidating under the key $80,000 level on Tuesday. BTC/USDT 1-day price chart | Source: Crypto.news You might also like: Black Monday was a disaster. How long did it take to recover after previous crypto market crashes? Top 3 tokens to navigate the crypto market crash Monday’s crypto crash wiped out nearly $300 billion in market capitalization, however three categories of tokens held steady. Liquid staking derivatives finance category of tokens, LSDFi, top payment solutions coins, and the Bittensor ecosystem tokens held onto their gains from last week. Data from CoinGecko shows the top tokens in the three categories are Pendle ( PENDLE ), Telcoin ( TEL ) and Bittensor ( TAO ). PENDLE is the native token of the Pendle Finance ecosystem. PENDLE holders can use the token for incentives and governance. Users who provide liquidity to the platform receive rewards and rebates on a percentage of trading fees. Telcoin enables payment solutions on mobile, and Bittensor’s TAO is part of an ecosystem that powers subnets for AI protocols built on the chain. PENDLE price formed higher highs and higher lows since mid-March. The token could extend gains by another 18% and test resistance at $3.377. RSI reads 51, above the neutral level and MACD flashes green histogram bars above the neutral line, supporting a bullish thesis for the token. PENDLE/USDT 1-day price chart | Source: Crypto.news TEL has been consolidating under resistance at $0.005363 for nearly a week. The mobile payments token ended its downward trend and continues to trade sideways. The daily price chart shows a likelihood of gains in TEL, 18% rally to test resistance at $0.005363. RSI reads 38 and remains above the oversold zone at 30, MACD shows consecutively smaller red histogram bars, meaning the underlying negative momentum in TEL price trend could end soon. A reversal is likely. If TEL suffers a crash, it could find support at $0.003444. TEL/USDT 1-day price chart | Source: Crypto.news In the last seven days of March and in April, TAO has been consolidating, stuck under resistance at $284. TAO’s momentum indicators, RSI and MACD show potential for gains. RSI is sloping upwards and reads 39, MACD shows green histogram bars. An 18% price rally could push TAO to retest resistance at $245.50, a correction could see TAO test support at $167.80, a key level for Bittensor. TAO/USDT 1-day price chart | Source: Crypto.news Bitcoin Price Forecast Bitcoin has consolidated since its drop under support at $85,500. BTC continues to hover close to support at $80,000. On the daily time frame, momentum indicators signal a likelihood of decline in BTC price. The largest cryptocurrency could test support at $76,900, a 2.69% decline in price. A 4% increase could push BTC closer to resistance at $82,379, the first hurdle in Bitcoin’s path to $85,000. MACD flashes red histogram bars under the neutral line and RSI is sloping downwards and reads 38, supporting a bearish thesis. BTC/USDT 1-day price chart | Source: Crypto.news You might also like: AI agent tokens rally led by Fartcoin’s 25% surge Is altcoin season coming? The altcoin season index, a tracker to determine whether it is altcoin season, a period where 75% of the top 50 altcoins outperform Bitcoin in a 90-day timeframe, read 65 on March 65. The indicator has dropped to 33 on Tuesday, as traders digest the developments surrounding Trump’s tariff announcements and the retaliation from its trade partners. As tariff wars brew, Bitcoin attempts to regain investor confidence as a hedge against uncertainty and maintains its dominance, pushing an “altcoin season,” further away. Typically, capital rotation from Bitcoin to altcoins fuels gains in tokens every cycle. Traders may have to wait longer for the phenomenon to occur in this market cycle. Altcoin Month Index | Source: Blockchaincenter Expert commentary Dan Greer, CEO of DeFi App told Crypto.news that he sees a bounce coming in Bitcoin. Greer said: “Bitcoin’s drop today is part of a broader risk-off move. When macro stress hits, everything sells off. But unlike equities, Bitcoin isn’t tethered to earnings or central bank policy. Historically, it’s bounced back stronger from macro shocks, especially when trust in traditional systems is shaken. What we’re seeing isn’t a failure of crypto but a flight to liquidity.” Ian Balina, CEO of Token Metrics believes the meltdown in crypto is part of the plan. Balina told Crypto.news: “The market has been very volatile due to the ongoing Trump tariff wars. All risk assets from stocks to crypto have had liquidity flushed to the sidelines. There’s been speculation that an emergency FED meeting is being scheduled, Trump saying the tariffs will be temporarily paused, and the EU saying they are willing to negotiate tariffs. All this volatility seems to be going according to plan for Trump’s administration as we get closer to having to refine the national debt.” Disclosure: This article does not represent investment advice. 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Speculation surrounding a potential emergency rate cut by the Federal Reserve has grown more fervent, fueled by escalating anxieties over an economic slowdown catalyzed by U.S. President Donald Trump’s trade battle. Speculators Bet on Emergency Rate Trump’s declaration of broad tariffs targeting global trading partners has rattled financial markets, triggering a steep Wall Street downturn
Bitcoin price rises above $80,000 after Trump's mixed messages. Trump hints at potential agreements with China and South Korea. Continue Reading: Bitcoin Surges Past $80,000 as Trump Sends Mixed Signals on China Relations The post Bitcoin Surges Past $80,000 as Trump Sends Mixed Signals on China Relations appeared first on COINTURK NEWS .
On April 8th, **COINOTAG News** reported a significant development involving the Abracadabra ($MIM_Spell) hack. According to **CertiK**, the blockchain security firm, the perpetrator has moved **1,200 ETH** to the **Tornado
Dogecoin price recorded a notable rally during the last quarter of 2024. During this period, DOGE rallied from $0.11 to $0.46 within a few weeks. The rally drove optimism within the DOGE community that the largest meme coin may reach $1 in 2025. However several challenges including tariff wars, minimal utility, and Elon Musk’s silence on Dogecoin have hindered this rally. Analysts have now weighed in saying this price target may not be attained in the near term. Analysts Speculate Whether Dogecoin Price Will Reach $1 The Dogecoin community remains hopeful that the price will eventually rally to $1. However, top crypto market analysts have shared multiple reasons why this meme coin may never attain this price level in the near term. The analysts shared their thoughts under an X post by Michael Gayed who noted that he has never understood why this top ten crypto has never reached $1. In response to the post, analyst DerektheCleric noted that it was “basically impossible” for Dogecoin price to reach $1 because of its tokenomics. He observed that, unlike Bitcoin, Dogecoin does not have a cap on the maximum supply. He added, “You can produce it like fiat. Its price will always relate to its production cost.” Others also observed that most of the current holders bought Dogecoin when the price was significantly low. Therefore, each time DOGE shows signs of breaking toward $1, these traders sell, which in turn pushes the price lower. Some even named Tesla CEO Elon Musk as the main reason why Dogecoin price may never reach $1. They observed that Musk has been quiet towards DOGE. This view mirrors a previous Coingape article which noted that Musk’s involvement with the DOGE department has killed Dogecoin’s popularity. Key Factors That Could Drive Dogecoin to $1 Several factors could drive Dogecoin price to $1. One of these factors is the approval of a spot DOGE ETF. Asset managers including Bitwise and Grayscale have filed for a spot DOGE ETF to give institutions access to these products. On Polymarket, the odds of the SEC approving a spot DOGE ETF in 2025 have surged to 69%. If this approval happens, it will be the main catalyst that drives DOGE to $1. Polymarket Secondly, rising utility might also fuel this price rally. DOGE is already accepted as a means of payment by top platforms like Tesla and streaming platform Twitch. If more companies endorse DOGE payment, it will be a catalyst for a price rally to $1. Lastly, the Dogecoin blockchain gaining adoption will also support such a rally. This adoption will see DOGE gain massive utility that will boost its price growth. Dogecoin Technical Analysis as Buy Signal Emerges Despite analysts sharing a mixed Dogecoin price forecast on why the meme coin may never reach $1, technical analysis on the lower timeframe hints towards a recovery. The MACD line has crossed above the signal line, which is typically a buy signal. DOGE bounced from a multi-month low after this buy signal emerged. As this demand continues, it may be the catalyst that drives the meme coin’s gains. The AO histogram bars are also showing a bullish divergence. If bulls push DOGE to the 78.6% Fibonacci level of $0.18, it could catalyze further gains to the 123.6% Fib of $0.22. DOGE/USDT: 4-Hour Chart Therefore, Dogecoin price may never reach $1 in 2025 unless there is significant adoption and the SEC approves a spot DOGE ETF. However, the four-hour chart shows DOGE has formed a buy signal that can fuel a rally to $0.22. The post Will Dogecoin Price Ever Reach $1? Top Analysts Weigh In appeared first on CoinGape .
Today in crypto, Ripple announced it has acquired crypto-friendly prime broker Hidden Road in a $1.25 billion deal, crypto lawyer James Murphy has filed an FOIA lawsuit to find out information about a supposed meeting between Satoshi Nakamoto and the US Department of Homeland Security, and Pakistan has tapped former Binance CEO Changpeng “CZ” Zhao as an adviser to its national crypto council. Ripple acquires crypto-friendly prime broker Hidden Road for $1.25 billion Blockchain-based payments network Ripple announced it has acquired crypto-friendly prime broker Hidden Road in one of the largest mergers in the cryptocurrency industry to date. Ripple is acquiring Hidden Road in a $1.25 billion deal, the company officially announced on April 8. The deal will make Ripple the first crypto firm to own and operate a global, multi-asset prime broker. According to the company’s April 8 announcement, the acquisition is expected to position Ripple as the world’s largest non-bank prime broker, with Hidden Road currently clearing more than $3 trillion across more than 300 institutions. The acquisition also aims to reinforce the position of Ripple USD (RLUSD), an institution-focused stablecoin launched by Ripple in December 2024. Ripple has been a customer of Hidden Road for years and “knows their breadth of expertise firsthand,” Ripple CEO Brad Garlinghouse said in an X post on April 8. He also mentioned that Hidden Road’s $3 trillion in annual clearing will tap into Ripple-backed XRP ( XRP ) and its underlying decentralized, public blockchain, the XRP Ledger (XRPL). Source: Brad Garlinghouse “Instead of waiting for up to 24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services,” Garlinghouse wrote on X. Lawyer sues US homeland dept to probe supposed Satoshi Nakamoto meeting A crypto lawyer has sued the US Department of Homeland Security, alleging the agency may know who created Bitcoin — compelling the department to share what it knows. The Freedom of Information Act lawsuit was filed by James Murphy, who based his accusations on claims made by DHS Special Agent Rana Saoud at a conference in April 2019, where she said a few of her colleagues had previously met with four people involved in creating Bitcoin. Source: James Murphy “My FOIA lawsuit simply asks for the notes, email and other documents relating to that alleged interview,” Murphy posted to X after announcing the April 7 suit. “IF the interview really happened as the DHS Agent claimed, there should be documentation of the substance of that meeting,” added Murphy, who goes by MetaLawMan on X. If the DHS resists disclosure, Murphy said he will “pursue the case to conclusion” to solve the mystery. 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
The post CLS Global Concludes $428,059 Settlement with Massachusetts Federal Court appeared first on Coinpedia Fintech News CLS Global , a leading digital asset market maker and liquidity provider founded in 2017, announced that it has reached agreements with the U.S. Securities and Exchange Commission and the U.S. Department of Justice. These successful resolutions follow CLS Global’s remediation and proactive cooperation with the SEC and DOJ to address concerns about specific trading activities on platforms including Uniswap. On April 2, 2025, a federal court in Boston concluded the matter with a $428,059 fine and a three-year probationary period during which CLS Global will not offer services in the U.S. market. The case involved allegations related to the FBI’s NexFundAI token investigation from May 2024. As noted in the official documents, CLS Global “promptly retained counsel” and strengthened its internal policies. CLS Global’s cooperation and immediate action emphasizes the importance of the company’s compliance systems and ethical business conduct. “We’ve implemented sophisticated compliance protocols that set new standards for market makers in the digital asset space,” said Filipp Veselov, CEO of CLS Global. “This resolution allows us to close this chapter and focus our resources on delivering exceptional service to our global clients in jurisdictions where we maintain full regulatory alignment.” The agreement has resulted in clear regulatory parameters that benefit the entire industry. As part of this resolution, CLS Global has refined its service geography and enhanced its compliance infrastructure to ensure continued operational excellence. These improvements further safeguard both the company and its clients across global markets. “Our proactive approach to this matter demonstrates CLS Global’s unwavering commitment to transparency and ethical business practices,” added Filipp V. “We are excited to continue serving our global client base by integrating even stronger operational controls into our compliance regime.” About CLS Global CLS Global is a leading digital asset market maker, serving clients globally with advanced trading solutions and liquidity provision services. With over 110,000 followers on X, the company continues to expand its operations within established regulatory frameworks, ensuring reliable and compliant services for its clients worldwide.
Trump’s recent intensification of tariff policies and fears of even greater tariffs to come have ignited widespread concern among economists, investors, and policymakers. Unsurprisingly, markets have crashed. Major indices experienced sharp declines: S&P 500 is down 11% over the past month, and the Dow Jones is down 10.6% over the same period. Tech stocks suffered even more, with tariffs threatening global supply chains. The NASDAQ is down over 12% in the past 30 days. Cryptocurrency markets aren’t immune, of course. On Monday, Bitcoin’s price fell below $75,000 at one point, before later rebounding, while Ethereum lost 14%. But there could be a silver lining in the looming tariff clouds. Crypto ETFs, New Crypto Projects Provide Potential Refuge Despite Bitcoin’s plummet on Monday, the world’s leading crypto is already on the rebound. One reason Bitcoin has been hit less than during previous market disruptions – such as in the wake of COVID in 2020-2022 – is that the crypto economy is far more mature now. Today, the crypto industry has more sophisticated tools built to weather such volatility, one of those being crypto ETFs. To be clear – $BTC ETFs have taken a hit also, with outflows of $109.21M on Monday. But against a total traded value of $6.59B, that’s a small percentage. And Monday’s losses came after a two-week stretch where $941M flowed into the various $BTC spot ETFs. The crypto ETF world is bigger than $BTC and is about to grow even larger, despite the market uncertainty. For example, Tuesday, April 8 will see the launch of the first-ever XRP ETF in the US. The 2x leveraged product from Teucrium. Ripple’s flagship crypto, couldn’t come at a crazy time. But could that play to its advantage? Around the world, the crypto framework is shifting, and the budding trade war might bleed over into crypto, too. Even as Trump and China trade threats over insanely high tariffs, Hong Kong quietly builds out its own crypto guidelines. The latest regulations would allow crypto staking for licensed platforms and crypto ETFs . Tariff Resistance Grows: Investors Turn to Crypto US President Trump’s announcement of sweeping new tariffs, including a 10% baseline on all imports and higher rates for specific countries such as China and the European Union, provoked a backlash. China’s swift retaliation with equivalent tariffs only exacerbated fears of a full-scale trade war. Now, prominent financial figures are voicing their apprehensions. Bill Ackman, a hedge fund titan and ardent Trump ally, called for a 90-day pause on US tariff escalations. He warned of an ‘economic nuclear winter’ characterized by diminished business confidence, halted investments, and widespread layoffs. The Federal Reserve has also expressed concern. Chairman Jerome Powell cautioned that the new tariffs might lead to stagflation – a scenario of stagnant economic growth coupled with rising inflation – making it challenging for the central bank to balance its monetary policy objectives. And yet, a growing number of average Americans are becoming crypto investors, with 76% of the 1-in-5 Americans who own crypto saying it’s had a positive impact on their portfolios. So, with crypto investors remaining bullish, let’s take a look at three new crypto projects primed for big growth potential. 1. BTC Bull Token ($BTCBULL) – Earn Three Ways as Bitcoin Grows BTC Bull Token ($BTCBULL) brings a unique fusion of Bitcoin’s legacy and memecoin hype and innovation. By offering free crypto airdrops whenever $BTC reaches milestone price points, BTC Bull Token ties its own growth to Bitcoin’s seemingly inevitable rise. And why not? Bitcoin boasts an astounding 230% AAR since its inception, a rate of return that far outstrips any other asset. Ultimately, $BTCBULL holders have three ways to earn: Presale staking rewards of 93% p/a $BTCBULL token price growth – currently $0.00245 $BTC airdrops (as long as Best Wallet is used to hold $BTCBULL) That makes BTC Bull Token one of the most compelling presales around, particularly as Bitcoin seems to be riding out the market turmoil better than most other cryptos – and indeed better than most other assets, period. Learn how to buy Bitcoin Bull in our guide , and see why we think the $BTCBULL token price could reach $0.0835 by the end of the year. The ongoing presale has already raised $4.4M. Visit the page to grab yours now or learn more. SUBBD Token ($SUBBD) – Hottest New Presale with Fixed 20% APY, Instant Rewards, and AI Integration SUBBD Token ($SUBBD) powers a subscription-based content platform tailored for content creators and fans. By allowing creators to monetize via blockchain, SUBBD is tapping into a fast-growing sector with a strong market fit. The subscription-based content industry is an $85B market, ripe for the disruption of blockchain and AI. The SUBBD platform stands to capitalize on that disruption, with the $SUBBD token powering the ecosystem and offering perks like exclusive access, voting rights, and creator tipping. Creators and fans can use $SUBBD to connect and transact directly, share content, and engage in new interaction opportunities using AI tools. These include an AI creator, voice notes, AI video, and livestreams. Real content creators can use those tools to supercharge their own content creation processes, turning SUBBD into a high-powered content creation engine. $SUBBD’s tokenomics emphasize marketing and product development. The project has raised over $100K in the first few hours of its presale and is set to grow rapidly as the word gets out. The token price is currently $0.0551. Visit the SUBBD Token presale to learn more. Amnis Finance ($AMI) – Aptos Liquid Staking for Maximum Rewards Amnis Finance is building a next-generation DeFi protocol focused on seamless liquidity and sustainable yield generation. With a robust ecosystem including decentralized exchanges, staking, and yield farming, Amnis aims to solve the liquidity fragmentation problems plaguing current DeFi solutions. Amnis addresses a real pain point in the DeFi space, and the project offers investors a variety of tools to counter those problems. Liquidity staking is traditionally a complicated process, but Amnis aims to change that. And in a time of market turmoil, anything that generates passive income becomes even more appealing to investors. Stake Aptos ($APT), earn, and then deploy your earnings on key DeFi protocols to double down on your gains. The $AMI token is the gateway to the ecosystem, making it a new crypto with major upside potential. Tariff Turmoil Sets Stage for New Crypto Gains As traditional investment options and even established cryptos falter, investors can find safe alternatives in new crypto projects still in presale. With Bitcoin’s momentum in question, altcoin presales are gaining steam. These new crypto projects are set to explode , and could offer unique ways to get in early to ride the next wave of gains. As always, do your own research – none of this is financial advice. Crypto remains volatile, and you should only invest what you can afford to lose. But new cryptos can provide great opportunities to get ahead of the market, so don’t overlook these exciting projects.