The digital asset continued its upward trajectory on Friday, despite worries of how a drop in Chinese imports will impact the economy. Bitcoin Nears $95K Despite Trump Tariff Turbulence Some economists suggest President Donald Trump’s frequent last-minute trade policy reversals may have a more dire impact on the economy than his initial tariff announcements, leaving
Newly appointed SEC Chairman Paul Atkins delivered a bold critique of his predecessor’s approach to digital assets, decrying years of regulatory uncertainty and promising to usher in a new era of clarity for the crypto industry in his opening remarks at the SEC’s crypto roundtable on commerce. “Innovation has unfortunately been stifled over the last several years due to market and regulatory uncertainty fostered by the SEC,” Atkins said. “Market participants interested in this technology deserve clear, regulatory rules of the road.” Atkins specifically stated his commitment to collaborating with both market participants and policymakers in the Trump administration. “I look forward to engaging with market participants and working with my colleagues in President Trump’s administration and in Congress to establish a rational and purposeful framework for crypto assets,” Atkins said in his first public appearance since taking over as chairman of the agency. Related News: This Altcoin Developer Wallet Woke Up After 3.5 Years: They Sold Big Time - They Would Have Made Another $398 Million If They Sold At The Peak Atkins also expressed optimism about the broader potential of digital assets, saying he expected “big benefits” including risk reduction and cost reduction. Commissioner Hester Peirce, a longtime advocate of crypto innovation, echoed Atkins’ sentiments during a hearing on the SEC’s newly formed Crypto Task Force. “Those who register with the SEC to engage in crypto-related activities have been forced to jump from one poorly lit regulatory landscape to another,” Peirce said. *This is not investment advice. Continue Reading: HOT MOMENTS: SEC’s Critical Cryptocurrency Meeting Begins, New SEC Chair Makes Important Statements
The new SEC chairman emphasizes cryptocurrency regulation as a priority. Positive trends in cryptocurrencies indicate potential growth ahead. Continue Reading: New SEC Leadership Sparks Optimism in the Cryptocurrency Market The post New SEC Leadership Sparks Optimism in the Cryptocurrency Market appeared first on COINTURK NEWS .
The post Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025? appeared first on Coinpedia Fintech News The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity offers a clear window into current sentiment, underpinned by strong fundamentals and amplified by emerging ecosystem narratives. At the start of the week, SOL traded around $134, experiencing moderate fluctuations and rebounded, closing near $140. With this, the token quickly entered an upward channel, which strengthened mid-week after a breakout through previous resistance zones. The most significant breakout occurred in the past couple of days when the price closed above $150 for the first time in Q2, registering a gain of over 10%. Solana On-Chain Analysis Solana’s TVL continues to hold strong at $8.54 billion, reflecting sustained capital commitment to Defi applications on the platform. Social media highlights active development with new partnerships and an increase in staking. Interestingly, Solana surpassed Ethereum in staked market cap, hinting towards a rise in adoption. Despite the bullish indicators, why is the SOL price stuck within a narrow range? Along with the sluggish movement of Bitcoin, the transfers of the SOL token to CEX could have raised some concerns. Pumpfun, a popular Solana-based marketplace, has transferred more than 117K SOL tokens to Kraken in the past few hours. With this, it has deposited a total of over 3 million SOL tokens at $186 and sold nearly 264,373 at $158. These whale-sized SOL deposits usually spell short-term turbulence, as major exchange transfers often foreshadow sell pressure or active hedging. What’s Next? Will SOL Price Reach $200 in Q2, 2025? Solana has displayed a massive rebound after reaching the lows below $100, which witnessed a huge rise in the buying pressure. This validated the presence of bulls who further pushed the price back above $150. With this, the token has reached the threshold of a bullish pattern, and hence, a breakout from this range could initiate a fresh upswing of over 30%. Although the price is facing some bearish pressure, the token remains prone to maintaining a healthy ascending trend. After a bullish crossover, the Ichimoku cloud has turned bullish, which suggests a change in the trend of the rally. On the other hand, the OBV, the volume-based indicator, is constantly rising, which suggests a confirmation of a bullish trend. Therefore, the Solana price, which is facing a minor upward pressure, is expected to hold above the resistance at $150 and withstand bearish activity. Once the selling pressure fades, a fresh upswing could push the price above $180, which may validate a rise to $200 later this year.
PolitiFi tokens jumped across the board on Wednesday, April 23, after President Donald Trump announced plans to host a private dinner for the top 220 holders of his token. The announcement came a week after another 20% of the Official Trump memecoin (TRUMP) supply was unlocked , increasing available supply. While the TRUMP token jumped nearly 60% on the news, many other politically-themed memecoins, known as PolitiFi tokens, showed a similar spike Wednesday afternoon after news of the invitation broke. At press time, multiple PolitiFi assets are still up double digits over the past 24 hours, with even more up over 20% on the week, per CoinGecko data. TRUMP’s market cap jumped from $1.9 billion to $2.9 billion, before falling back to a still substantial increase of $2.7 billion, according to CoinGecko. The price of TRUMP is currently up over 9% on the day and a notable 76% on the week. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bitcoin's price has surged back to around $94,000 after dipping below $75,000 earlier this month. This recovery is largely driven by significant buying from "whales"—investors holding over 10,000 BTC. According to Glassnode, these whales have an Accumulation Trend Score of 0.90, indicating strong buying activity. Wallets with 1,000 to 10,000 BTC also show a positive trend with a score of 0.7. Even smaller holders are starting to accumulate, reflected by a score of 0.5. Additionally, CryptoQuant reports the highest BTC outflow from exchanges in two years, suggesting that investors are moving their holdings to long-term storage, reducing the available supply on the market.
Sol Strategies, a company focused on Solana blockchain projects, has launched Orangefin, the first dedicated mobile app for native Solana staking. The app is available on Android, iOS, and Solana Mobile, enabling users to stake SOL tokens without the need for seed phrases and with zero commission fees. Orangefin is powered by Sol Strategies, which recently raised $500 million to build a SOL treasury. The wallet mobile app has successfully completed a security assessment conducted by Halborn Security. This launch marks a significant step in mobile staking solutions for the Solana ecosystem. 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
Stripe, a leading financial technology company that also integrates crypto payments, is building its first stablecoin financial product. Jeff Weinstein, Stripe’s co-founder and chief executive officer Patrick Collison confirmed the development via X on April 25. He said the company has had plans for such a product for “a decade.” The American payment giant’s first financial product focused on stablecoins comes a few months after the company completed a major ecosystem acquisition. In February this year, the company announced the $1.1 billion acquisition of Bridge , a stablecoin infrastructure provider that’s now at the center of Stripe’s initiative. We've wanted to build this product for around a decade, and it's now happening. https://t.co/zK9dADvGhG — Patrick Collison (@patrickc) April 25, 2025 The new stablecoin project will leverage Bridge’s infrastructure. In a recent report, Stripe revealed that businesses using its payments service processed over $1.4 trillion in payment volume in 2024. This marks a 38% increase from 2023 and brings Stripe’s scale to the equivalent of 1.3% of global gross domestic product. Read more: Citigroup sees stablecoin issuers among top US Treasury holders by 2030 One of the biggest crypto-related announcements in 2024 was Stripe’s reintegration of crypto payments , with a rollout for customers in the United States. This allowed customers to pay merchants via the USDC ( USDC ) or Pax Dollar on multiple blockchain networks, including Ethereum, Solana, and Polygon. Earlier this year, Stripe co-founders John Collison and Patrick Collison described stablecoins as “room-temperature superconductors for financial services.” Patrick and John shared the view in an annual letter , reiterating the importance role the newly acquired Bridge would play in its new venture into the stablecoin market. Stripe sees stablecoins as having key benefits that include cheap and faster money transfer, global availability and programmability. As stablecoin regulation takes shape across the globe, including the U.S. with key bills, the biggest players in the sector are grappling with increased competition. Tether and Circle currently dominate global stablecoin volumes, but there are new players including Ripple that are eyeing the potential for growth. You might also like: Coinbase waives fees for PayPal’s PYUSD stablecoin conversions
Through every cycle, certain names hold their ground. In the wake of recent corrections and price shifts, tokens like Solana , XRP , and Bitcoin are being recognized not just for performance—but for consistency. These assets have demonstrated staying power, not through hype, but through infrastructure, adoption, and utility. From high-speed networks to institutional-grade payment layers, these tokens continue to serve as foundational pillars in an unpredictable ecosystem. But while legacy names dominate conversations, another project is beginning to gain ground—not by matching their scale, but by building smart and moving with intent. That project is MAGACOINFINANCE . MAGACOINFINANCE Is Growing on the Strength of Execution, Not Speculation In an industry where many tokens come and go without ever making meaningful impact, MAGACOINFINANCE has chosen a different route—steady development, real utility, and community traction that’s building day by day. What makes this project increasingly relevant is its ability to grow without relying on typical short-term hype cycles. It’s gaining exposure through trusted investor groups, real wallet engagement, and platform expansion that’s not being forced—it’s being earned. For those monitoring early-stage potential, MAGACOINFINANCE represents something refreshing: a new asset not chasing the spotlight, but slowly moving into it based on credibility. A Closer Look at Market Mainstays: XRP, Toncoin, Hedera Hashgraph, and Chainlink XRP has regained institutional attention thanks to its regulatory positioning and long-time focus on efficient cross-border finance. Its partnerships with major financial entities reaffirm its practical relevance. Toncoin continues to grow through integrations with messaging platforms and mobile-friendly features. Its intuitive approach to crypto use is making it accessible to audiences traditionally left behind by complex blockchain platforms. Hedera Hashgraph continues to set itself apart with speed and enterprise-grade functionality. Its expanding use cases with governments and global corporations keep it on watchlists for serious utility-driven investors. Chainlink is integral to smart contract infrastructure. As on-chain systems demand more accurate, real-world data feeds, Chainlink remains one of the most trusted sources across multiple blockchain ecosystems. These tokens are well-established and widely respected. But they also come with less surprise potential. That’s where MAGACOINFINANCE brings something new: an evolving narrative that isn’t yet defined—and therefore, still full of upside. Final Word Bitcoin , XRP , and Solana continue to shine as models of consistency in crypto’s ever-changing landscape. They are long-term staples for a reason. But as new investors and seasoned analysts alike look for what’s next, MAGACOINFINANCE is emerging—not loudly, but deliberately. And in crypto, that quiet, consistent progress often signals the biggest future moves. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Solana, XRP, and Bitcoin (BTC) Highlighted for Consistent Strength
Stripe, a rapidly growing payment app, is testing its native stablecoin. CEO Patrick Collison announced that the stablecoin idea has been in his mind for a decade. CEO Patrick Collison announced the payment app will add a native stablecoin. He added that the idea for a stablecoin has been in consideration for almost a decade, but the moment for a launch has come. Collison posted on X, revealing his company’s plans for a globally accessible stablecoin. We've wanted to build this product for around a decade, and it's now happening. https://t.co/zK9dADvGhG — Patrick Collison (@patrickc) April 25, 2025 The new stablecoin is yet to determine its parameters, but it may help with dollarized liquidity. Stripe’s offer may be available for markets outside the USA, the EU and the UK. Those regions are hard to access even for fintech apps, due to banking limitations. Stripe is also targeting not just end users, but businesses. The company is now exploring the stablecoin parameters that would allow it to build its native stablecoin. The launch may happen during a period of general stablecoin expansion, with over $234B already in circulation. Stripe returned to crypto at the end of 2024, after adding USDC to its platform. The announcement comes just as PayPal is trying to supercharge its PyUSD with a passive yield offer. Tether, on its part, is trying to break out into fintech apps, integrating its USDT stablecoin into multiple payment tools. Stablecoin will be tested on Bridge Network The new stablecoin will use the infrastructure of Bridge Network, which Stripe acquired at the end of 2024. The Bridge Network acquisition for $1.1B was finalized in February, setting up a native infrastructure for the payment firm. Bridge Network is an already working platform offering safe payment gateways between fiat and stablecoins. The payment channels specifically target the needs of large businesses, including SpaceX and the Dollar App for remittances. A native stablecoin by Stripe would further simplify those payment tools. Stripe is already available in 46 countries and territories, supplying services to over 1.38M websites. It is the payment app of choice for 3.9% of the top 1M websites and services. Company statistics show half of the Fortune 100 companies now use Stripe, opening both a consumer and a B2B market for the new stablecoin. Stripe fulfills its plan to expand into stablecoins Stripe has previously stated its plans to invest in stablecoin research and catch up with the latest payment trends. The company has been planning the expansion after a highly successful performance in 2024. Stripe is turning into a more widely adopted payment gateway, growing its total payment volume to $1.4T in 2024. The app expanded its transaction volume by 38% for the whole of 2024. Stablecoins are growing in influence, replacing other crypto coins and tokens for their reliable pricing. Fintech apps have expanded into stablecoins by offering a more intuitive experience and safeguards against loss. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now