Michael Saylor predicts IBIT to dominate the ETF landscape within ten years. Bitcoin's price may rise if current support levels are maintained. Continue Reading: Michael Saylor Predicts Bitcoin ETF Dominance in the Next Decade The post Michael Saylor Predicts Bitcoin ETF Dominance in the Next Decade appeared first on COINTURK NEWS .
Bitcoin is now setting the stage for what could become a massive bull run. After surging more than 26% since April 9, BTC is trading firmly above the $90K level, regaining key technical ground and shifting market sentiment. Still, caution lingers. Global tensions, particularly around the escalating trade conflict between the US and China, and broader macroeconomic uncertainty continue to weigh on investor confidence. Despite these risks, on-chain data paints a compelling picture. Top analyst Axel Adler shared insights on X showing a sharp decline in the number of Bitcoin addresses depositing to exchanges—a potential sign of reduced selling pressure. The 30-day moving average has dropped well below the 365-day average. Most notably, the current level of exchange-depositing addresses is now comparable to that of December 2016, just before the historic 2017 bull run . If these trends persist, Bitcoin may soon break into price discovery, fueled by long-term holders and renewed institutional interest. Bitcoin Decouples From Equities As HODL Sentiment Strengthens Bitcoin is showing signs of macro-level strength as it begins to decouple from U.S. equities. While the S&P 500 and NASDAQ face continued pressure due to mounting global tensions and investor unease, BTC has rallied—reaching a local high around $94,000. This divergence signals a potential shift in market behavior, where Bitcoin is increasingly seen as a hedge or alternative to traditional assets during periods of uncertainty. One key factor supporting this divergence is the rising conviction among long-term holders. According to Adler’s insights , the number of Bitcoin addresses depositing coins to exchanges has declined steadily since 2022. The 30-day moving average has now dropped to 52,000 addresses, significantly below the 365-day average of 71,000. Historically, this figure hovered closer to 92,000, making the current level one of the lowest in the past decade. What’s most striking is that today’s numbers resemble those last seen in December 2016, right before Bitcoin’s explosive 2017 bull run. This decline in exchange activity implies that investors are holding, not selling—a trend that has reduced coin sales by a factor of four over the past three years. With selling pressure dropping and investor conviction rising, Bitcoin may be laying the groundwork for a powerful new rally. Price Action Signals Strength With Key Levels In Sight Bitcoin is currently trading at $92,300 after posting a strong weekly candle that briefly pushed into the $95,000 level. Bulls have taken control of short-term momentum, and the $95K mark now stands as a key resistance level. A decisive breakout above it could trigger a fast move toward the long-awaited $100K milestone, especially if buying pressure accelerates amid favorable macro signals. However, analysts also suggest that a healthy retracement may occur before any significant breakout. A pullback could offer stronger technical support for the next leg up, especially if Bitcoin maintains its position above the 200-day moving average and key demand zones. The $88,500 level is especially important in this context. Holding above this zone would signal short-term strength and continued bullish control, even in the event of a consolidation phase. Falling below it, on the other hand, could delay the uptrend and bring a retest of deeper support. Overall, BTC’s current structure favors the bulls. But with global tensions and macroeconomic uncertainty still shaping market behavior, traders are watching closely to see if Bitcoin can build on its recent gains and turn $95K into support. Featured image from Dall-E, chart from TradingView
The Federal Reserve has removed the prior notification requirement for crypto transactions. Regulatory flexibility aims to enhance the stability of the cryptocurrency market. Continue Reading: Federal Reserve Signals New Flexibility for Cryptocurrency Transactions The post Federal Reserve Signals New Flexibility for Cryptocurrency Transactions appeared first on COINTURK NEWS .
New York City is hosting a powerhouse crypto summit to attract investors with $1 trillion in assets and solidify its position as a global leader in digital finance innovation. NYC Crypto Summit Aims to Lure Giants Holding $1 Trillion The City of New York announced on April 23 that Mayor Eric Adams and Chief Technology
The world of telecommunications is undergoing a quiet revolution, and the latest news involving the Helium Network and telecom giant AT&T is certainly turning heads. Imagine a future where your phone service isn’t solely reliant on massive, centralized cell towers, but instead leverages a vast, community-built network. That future is getting closer, and this collaboration is a significant step. Decentralized communications network project Helium recently announced on X that subscribers of U.S. telecom provider AT&T can now access coverage enabled by its decentralized network across the U.S. This move dramatically expands service access points to thousands of new, user-powered locations, offering a glimpse into the potential of decentralized wireless technology. What is the Helium Network and How Does it Work? At its core, the Helium Network is building a decentralized wireless infrastructure. Unlike traditional telecom companies that own and operate expensive cell towers, Helium relies on individuals and businesses to deploy and manage wireless hotspots. These hotspots provide coverage for various devices, from IoT sensors using LoRaWAN to mobile phones using 5G frequencies. Here’s a simple breakdown: Users Deploy Hotspots: Anyone can purchase a Helium-compatible hotspot device. Provide Coverage: These hotspots create wireless coverage in their location. Earn Rewards: Hotspot owners are rewarded in HNT Crypto (Helium’s native cryptocurrency) for providing coverage and validating network activity. Network Growth: As more hotspots are deployed, the network coverage expands organically, driven by incentives rather than top-down infrastructure planning. This model lowers the barrier to entry for building network infrastructure and aims to provide more ubiquitous and potentially more affordable coverage in the long run. How Does This Partnership Benefit AT&T and Its Subscribers? The announcement that AT&T subscribers can now access coverage via the Helium Network (specifically through Helium Mobile’s roaming agreement) is a game-changer. While the specifics of the technical integration involve roaming onto Helium Mobile’s network which leverages both traditional and decentralized infrastructure, the core benefit is expanded access points. For AT&T users, this could mean: Improved Coverage: Accessing the Helium network’s footprint can provide connectivity in areas where traditional AT&T towers might have weak or no signal, particularly in dense urban environments or remote locations where individual hotspots fill gaps. Enhanced Reliability: A more diverse set of connection points can contribute to a more resilient network overall. Potential for Innovation: This collaboration signals AT&T’s interest in exploring decentralized models, potentially paving the way for future innovations in how telecom services are delivered. For the Helium Network , this partnership with a major carrier like AT&T provides significant validation and visibility. It demonstrates the network’s capability to integrate with existing telecom ecosystems and highlights the potential of the decentralized wireless model on a large scale. The Rise of Decentralized Wireless and Crypto Telecom This development is a clear indicator of the growing momentum behind Decentralized Wireless (DeWi). The idea of leveraging blockchain and crypto-economic incentives to build physical infrastructure is gaining traction across various sectors, and telecom is a prime candidate. Crypto Telecom , as this emerging field is often called, seeks to disrupt the traditional carrier model by: Distributing Infrastructure Ownership: Shifting from a few large corporations owning towers to a multitude of individuals owning hotspots. Incentivizing Participation: Using cryptocurrencies like HNT Crypto to reward network builders and operators. Creating Open Access Networks: Building networks that can potentially be accessed by multiple Mobile Virtual Network Operators (MVNOs) or even directly by users via compatible devices. This approach promises to lower costs, increase coverage density, and foster innovation in wireless connectivity. The partnership between a legacy player like AT&T (via Helium Mobile) and a DeWi network like Helium is a powerful testament to this potential shift. What Does This Mean for HNT Crypto Holders and the Ecosystem? News of major collaborations like this is typically positive for the underlying cryptocurrency of the network involved. For HNT Crypto holders, this AT&T access announcement (facilitated by Helium Mobile) is a significant bullish signal. Increased Network Usage: More users potentially accessing the network (even indirectly via roaming) can drive demand for network resources. Validation of the Model: A partnership with a major U.S. carrier lends credibility and mainstream attention to the Helium project and the decentralized wireless concept. Potential for Growth: Increased awareness and validation could attract more hotspot deployers, further expanding the network’s physical footprint and utility. While the direct impact on HNT price depends on numerous market factors, the fundamental value proposition of the network is strengthened by such integrations. Challenges and the Road Ahead for Decentralized Wireless While the future of Crypto Telecom and Decentralized Wireless looks promising, there are still challenges to navigate: Scalability: Ensuring the network can handle millions of users and devices seamlessly. Reliability and Quality of Service: Maintaining consistent high-quality coverage compared to established carriers. Regulatory Landscape: Navigating evolving telecommunications regulations in different regions. Security: Ensuring the decentralized network is secure against attacks and exploits. Adoption: Educating consumers and businesses about the benefits and how to utilize decentralized networks. However, collaborations like the one enabling AT&T access via the Helium Network demonstrate that the industry is actively working on overcoming these hurdles and integrating decentralized solutions into the existing infrastructure. Actionable Insights: Getting Involved in the Decentralized Wireless Movement Interested in the potential of Decentralized Wireless and Crypto Telecom ? Here are a few ways you can get involved: Become a Hotspot Owner: Research and purchase a Helium-compatible hotspot to provide coverage and earn HNT Crypto . Explore Decentralized Mobile Plans: Look into services like Helium Mobile that leverage the decentralized network for connectivity. Learn More About HNT Crypto: Understand the tokenomics and role of HNT within the ecosystem. Stay Informed: Follow developments in the DeWi space and how it intersects with traditional telecom. This space is evolving rapidly, and early participation or understanding can provide unique opportunities. Conclusion: A Glimpse into Telecom’s Decentralized Future The collaboration enabling AT&T subscribers to access coverage via the Helium Network is more than just a technical integration; it’s a powerful signal that decentralized models are ready to play a significant role in mainstream telecommunications. By leveraging community-built infrastructure and crypto-economic incentives, the Helium Network is demonstrating a viable alternative or supplement to traditional carrier networks. This development validates the vision of Decentralized Wireless and pushes the boundaries of what’s possible in Crypto Telecom . While challenges remain, the path towards a more distributed, resilient, and user-owned wireless future is becoming clearer, with major players like AT&T exploring the possibilities enabled by networks powered by HNT Crypto and its global community. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized wireless infrastructure.
Cardano (ADA) continues its impressive run with a 15% gain over the past week, yet shows early signs of consolidation as trading volume dips. Recent data reveals a slight uptick
The world of cryptocurrency is constantly evolving, seeking ways to bridge the gap between digital assets and everyday financial transactions. A significant leap forward has just been announced, poised to make using your digital holdings for real-world purchases more seamless than ever. Layer-1 blockchain network, Sui crypto , has joined forces with innovative financial platforms xPortal and xMoney to introduce a game-changing product: a virtual Mastercard packed with powerful crypto features. Bridging Crypto and Commerce: The Sui Crypto Mastercard This exciting partnership, revealed by Sui on their official X channel, aims to dissolve the complexities often associated with spending cryptocurrencies. The core of this collaboration is the creation of a virtual Mastercard. But this isn’t just any virtual card; it’s specifically designed to integrate deeply with the crypto ecosystem, starting with support for SUI payments. Imagine being able to use your SUI tokens for your morning coffee, your online shopping, or even your monthly bills, just as easily as you would with a traditional debit or credit card. That’s the promise of this new crypto Mastercard . It represents a crucial step towards mainstream adoption by providing a familiar and widely accepted payment rail – Mastercard – powered by blockchain technology. What Makes This Virtual Crypto Card Stand Out? The virtual Mastercard launched through the Sui, xPortal, and xMoney collaboration is more than just a payment tool. It’s designed as a gateway, connecting users to both traditional finance and advanced crypto functionalities. Here are some of the key features that make this virtual crypto card noteworthy: Direct SUI Payments: Users can directly spend their SUI tokens wherever Mastercard is accepted. This dramatically increases the utility of the SUI token beyond trading or staking within the Sui ecosystem. Seamless Mobile Integration: A major highlight is the integration with leading mobile payment systems, Apple Pay and Google Pay. This allows users to add the virtual card to their mobile wallets for contactless payments in physical stores and quick online checkouts, leveraging the convenience they are already accustomed to. Fiat On-Ramps: The card and associated platform facilitate easy conversion of fiat currency into crypto, allowing users to fund their crypto balance conveniently. Compliance Tools: Built-in compliance features ensure that transactions adhere to necessary regulations, providing a secure and trustworthy experience for users and merchants alike. Access to the Sui Ecosystem: The partnership leverages the capabilities of the Sui network, potentially offering users integrated access to features like managing NFTs, participating in staking, and interacting with decentralized applications (dApps) directly or indirectly through the associated platforms. This combination of features positions the virtual card as a comprehensive financial tool for crypto holders. The Role of the xPortal App and xMoney Payments Understanding the functions of xPortal and xMoney is crucial to appreciating the full scope of this initiative. The xPortal app serves as the central hub for users. It’s a comprehensive financial app that acts as a digital wallet and interface for managing both crypto assets and traditional currencies. Within the xPortal app, users can likely manage their SUI holdings, access the virtual Mastercard details, track their spending, and utilize the various integrated features. The app provides the user-friendly layer that makes the underlying technology accessible. xMoney payments is the financial infrastructure provider facilitating the conversion and transaction processing. They handle the complexities of moving value between the crypto world and the traditional fiat system, ensuring that when you use your virtual card, the merchant receives fiat currency seamlessly, while your SUI tokens are converted on the backend. Their expertise in compliance and payment processing is vital for the smooth operation of the crypto Mastercard. Why This Matters for Sui Crypto Adoption For the Sui network, this partnership is a significant catalyst for adoption and utility. By enabling easy spending of SUI tokens via a widely accepted payment network like Mastercard, Sui increases the token’s real-world applicability beyond just being a speculative asset or a tool for network fees. This initiative can attract new users who are interested in using crypto for payments but might be intimidated by complex exchanges or manual conversion processes. Furthermore, the integration with Apple Pay and Google Pay instantly provides millions of potential users with a familiar and convenient way to interact with Sui crypto , lowering the barrier to entry considerably. It demonstrates Sui’s commitment to building a practical and user-centric blockchain ecosystem. Benefits Unleashed by the Crypto Mastercard The introduction of this crypto Mastercard brings a wealth of benefits to users: Enhanced Liquidity: Easily convert and spend your SUI or other supported crypto assets without needing to navigate complex exchange platforms every time you want to make a purchase. Global Acceptance: Use your crypto funds anywhere Mastercard is accepted worldwide, both online and in physical stores (via mobile payment integration). Convenience: Pay with your phone using Apple Pay or Google Pay, making transactions quick and effortless. Integrated Experience: Manage your crypto and traditional finances within a single platform, the xPortal app. Access to Ecosystem Features: Stay connected to the broader Sui ecosystem, including NFTs and dApps, potentially through the same interface you use for payments. This initiative truly empowers users by putting their crypto assets to work in practical, everyday scenarios. Challenges and the Road Ahead for Virtual Crypto Cards While the launch of this virtual crypto card is a momentous step, challenges remain. Regulatory landscapes for crypto payments are still evolving globally. User education on managing crypto assets and understanding the mechanics of such cards is also crucial for widespread adoption. Furthermore, transaction fees and exchange rates during crypto-to-fiat conversion will be important factors for users to consider. However, the collaboration between Sui, xPortal, and xMoney signals a strong push towards overcoming these hurdles by building compliant, user-friendly solutions. The integration with established payment networks like Mastercard is key to navigating traditional financial systems. Conclusion: A New Era for Sui Crypto Payments The partnership between Sui crypto , xPortal, and xMoney to launch a virtual Mastercard is more than just a product announcement; it’s a declaration of intent. It highlights a clear vision for the future where using cryptocurrencies for everyday transactions is not a niche activity but a seamless, convenient, and widely accessible option. By combining the power of the Sui blockchain with the user-centric design of the xPortal app and the robust payment infrastructure of xMoney payments, this initiative is poised to significantly impact how people perceive and use digital assets. The introduction of this feature-rich crypto Mastercard , complete with SUI payment support and integration with Apple Pay and Google Pay, marks a pivotal moment in the journey towards mainstream crypto adoption. It brings us closer to a future where the lines between traditional finance and the decentralized world are increasingly blurred, offering users unprecedented control and utility over their digital wealth. To learn more about the latest crypto payment trends, explore our article on key developments shaping virtual crypto card adoption.
The post Sui (SUI) Price Analysis Today: Key Targets to Consider Ahead appeared first on Coinpedia Fintech News The Sui network has attracted significant investment from institutional investors seeking to capitalize on its growing popularity. SUI price has already broken out of a multi-week falling trend and is aiming for a new ATH soon. Since the beginning of this week, the Sui (SUI) price has rallied more than 55 percent to trade at about $3.29 on Thursday, April 24 during the late North American trading session. The large-cap altcoin, with a fully diluted valuation of about $32.8 billion and a 24-hour average trading volume of around $3 billion, led the top 20 crypto assets in bullish sentiment following today’s 11 percent gain. In the past 24 hours, Sui’s Futures Open Interest (OI) surged 21 percent to hover about $1.29 billion, up from $491 million on March 11. As a result of the heightened volatility, more than $12.88 million was liquidated from Sui’s leveraged market. Sui Network Growth Outlook The Sui network has experienced explosive growth in the past few months, catalyzed by rising demand for institutional investors. As of this writing, the Sui network had a total value locked of about $1.45 billion and a stablecoins market cap of around $865 million. In the past 24 hours, the Sui network has announced several strategic investments by institutional investors led by Space and Time and Grayscale Investments. Earlier on Thursday, the Sui Network announced the launch of the Sui Mastercard, in collaboration with the xPortal crypto wallet. Sui Mastercard? @xPortalApp is making that happen AND bringing their 2.5M-user wallet to Sui! In their app, you can: → Spend SUI with a Sui-branded virtual Mastercard → Custom wallet UI that reps your favorite chain → Built-in access to NFTs, dApps, staking, and more →… pic.twitter.com/o1gY4QrTZc — Sui (@SuiNetwork) April 24, 2025 SUI Price Aims for Mew ATH As the wider altcoin market signals bullish sentiment following the Bitcoin price pump above $93k, the SUI price has already signaled bullish sentiment. In the daily timeframe, SUI’s MACD indicator has already crossed above the signal line, thus suggesting the buyers are in control. Additionally, the daily Relative Strength Index (RSI) has already crossed the 70 percent level, suggesting the onset of a parabolic rally.
A Bitcoin whale has recently moved 50 BTC mined nearly 15 years ago, potentially turning a modest investment into a nearly $5 million fortune. This rare move highlights the remarkable
A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold.