Bitcoin's market capitalization dominance has reached its highest level since early 2021, with several sources reporting a surge to approximately 63.7% to 64%. In Q1 2025, Bitcoin dominance jumped 4.6 percentage points to reach 59.1%. The increase in Bitcoin dominance reflects a shift among investors toward Bitcoin amid global economic uncertainty, as it is perceived as a more stable asset compared to other cryptocurrencies. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Circle, the issuer of the USDC stablecoin, minted an additional 250 million USDC tokens on the Solana blockchain on April 16, 2025. This latest minting increases the total supply of USDC on Solana to approximately 10 billion USDC. The minting activity was confirmed by multiple sources including Whale Alert and Cointelegraph, highlighting a substantial increase in USDC liquidity on the Solana network. 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
Wholesale bitcoin selling is cooling but not vanishing, Cryptoquant researchers write, as data flags a market tilted toward broad caution. Cryptoquant: Accumulation Rate Hits Two‑Month Lull Cryptoquant’s report observes that daily bitcoin ( BTC) outflows from large holders have retreated to 300,000 BTC, down from 800,000 BTC in late February, yet its analysts note the
In a stunning turn of events in the long-standing legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), a U.S. court has just given a significant nod towards potential respite for Ripple. Are you following the rollercoaster of the Ripple SEC lawsuit pause ? Buckle up, because things just took another interesting twist! Let’s dive into the latest development that has the crypto world buzzing. Court Approves Joint Motion: What Does a Ripple SEC Lawsuit Pause Mean? For those closely monitoring the Ripple SEC lawsuit , the news is significant: a U.S. court has officially approved the joint request from both Ripple and the SEC to put a hold on the appeal process. This information, confirmed by former federal prosecutor James K. Filan via a post on X (formerly Twitter), marks a temporary ceasefire in their ongoing legal battle. But what exactly does this Ripple SEC lawsuit pause entail? Joint Request Approved: Both parties, SEC and Ripple, jointly requested the court to put the appeal in abeyance, and the court has granted this request. This indicates a level of agreement, at least on procedural matters, between the two sides. Appeal Held in Abeyance: ‘Abeyance’ means temporary suspension. The appeal is not dismissed, but it’s put on hold. Think of it as pressing the pause button on a movie. Status Report in 60 Days: The SEC is mandated to submit a status report to the court within 60 days. This means we can expect further updates and insights into the situation in approximately two months. Why is SEC Ripple Appeal Abeyance Happening Now? The question on everyone’s mind is, why now? Why are the SEC and Ripple agreeing to a pause in their appeal process? While the exact motivations aren’t explicitly stated, we can infer a few possibilities regarding this SEC Ripple appeal abeyance : Focus on Other Matters: Both the SEC and Ripple might have strategic reasons to temporarily shift their focus. For the SEC, this could involve other regulatory priorities or ongoing cases. For Ripple, it might be about consolidating their legal position or focusing on business operations amidst regulatory uncertainties. Potential Settlement Discussions: A joint motion could subtly suggest a willingness, or at least an openness, to explore settlement possibilities outside the immediate pressure of an active appeal. Pausing the appeal might provide space for behind-the-scenes discussions. Strategic Repositioning: Both sides might be re-evaluating their strategies after the initial summary judgment. A pause allows them time to analyze the legal landscape and potentially adjust their approach for the appeal or future proceedings. XRP Lawsuit Update: What Does This Mean for XRP Holders? For the XRP community, every development in the XRP lawsuit update is closely watched. This news of a paused appeal could be interpreted in several ways. Is this a positive sign? Is it neutral? Or does it hint at further complexities? Potential Positives: Reduced Immediate Legal Pressure: The pause could be seen as a temporary easing of pressure on Ripple and, by extension, XRP. The active appeal process carries uncertainty, and a pause provides a breather. Hope for Resolution: Some might interpret this joint motion as a precursor to settlement talks. A settlement would likely be viewed positively by XRP holders as it could remove a significant cloud of regulatory uncertainty hanging over XRP. Points to Consider: Temporary Nature: It’s crucial to remember that this is a pause, not an end to the legal proceedings. The appeal is in abeyance, meaning it can be reactivated. SEC Status Report: The 60-day status report from the SEC will be critical. It could provide more clarity on the reasons for the pause and potential future steps. Uncertainty Remains: While potentially positive, the underlying legal uncertainty surrounding XRP and crypto regulation, in general, persists. Crypto Regulatory Relief or Just a Temporary Pause? The broader implications of this crypto regulatory relief , or lack thereof, are also worth considering. Does this pause signal a shift in the SEC’s approach to crypto regulation? Is it a sign of potential leniency, or simply a tactical maneuver in a complex legal game? It’s likely too early to definitively say if this marks a significant shift in crypto regulatory relief . However, it does raise questions: Aspect Possible Interpretation Joint Motion Suggests a degree of procedural cooperation, potentially opening doors for communication beyond litigation. Pause in Appeal Reduces immediate legal pressure on Ripple and the crypto market sentiment related to the case. SEC Status Report Will be crucial in understanding the SEC’s perspective and future intentions. For the crypto industry, the outcome of the Ripple case is pivotal. It’s not just about Ripple and XRP; it sets precedents for how digital assets are regulated in the U.S. and potentially globally. Any perceived crypto regulatory relief , even temporary, can be seen as a positive development by market participants. Court Approves Ripple Motion: What’s Next? With the court approves Ripple motion for a pause, all eyes are now on the upcoming 60-day status report from the SEC. This report will be a key indicator of what to expect next. Will it reveal a change in the SEC’s stance? Will it hint at settlement possibilities? Or will it simply be a procedural update? In the meantime, here are some actionable insights for those following this case: Stay Informed: Keep tracking updates from reliable sources, including legal experts and reputable crypto news outlets. Manage Expectations: Avoid overreacting to short-term news. The legal process is complex and can have unexpected turns. Focus on Fundamentals: For XRP holders, while legal developments are important, also consider the fundamental value proposition of XRP and Ripple’s technology. Conclusion: A Pause for Breath in the Ripple SEC Saga The court’s approval of the joint motion to pause the appeal in the Ripple SEC lawsuit is undoubtedly a noteworthy development. It offers a moment of respite and raises intriguing questions about the future direction of this high-profile legal battle. Whether this pause leads to a settlement, a strategic repositioning by either party, or simply a procedural break remains to be seen. For the crypto community, it’s a reminder of the ongoing complexities of navigating regulatory landscapes and the ever-evolving nature of digital asset regulation. The 60-day status report will be the next key milestone in this fascinating and impactful case. Stay tuned, as the Ripple vs. SEC story is far from over, and the next chapter could be just around the corner. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
The Russian government is set to add “ cryptocurrency ” and crypto-related terms to the country’s criminal code. Moscow thinks this will help police confiscate coins during their investigations. Per the Russian newspaper Vedomosti , “two sources close to” the Government Commission on Legislative Activity say the body has approved a bill drafted by the Ministry of Justice. The Russian state-run media agency TASS also says it has seen the ministry’s bill. Russian Crypto Law Incoming? The Vedomosti sources said the commission would send the bill to the State Duma “in the near future.” The Ministry of Justice in Moscow, Russia. (Source: Ministry of Justice Tomsk/RuTube/Screenshot) At present, crypto-related terms are not defined in either the Criminal Code or the Criminal Procedure Code. Police and public prosecutors have complained that this “greatly complicates” their investigations in crypto-related cases. A Complicated Process In 2020, lawmakers approved a bill that allows courts to recognize crypto as intangible property in bankruptcy cases. Since then, lawmakers have also amended laws that allow courts dealing with counter-terrorism and corruption cases to recognize the property status of crypto. But in more general criminal cases, crypto has no legal status whatsoever. Storage platforms and tools like crypto wallets also have no legal definition. This fact reportedly further complicates matters for Russian police and prosecutors. The newspaper quoted Vladimir Gruzdev, Chairman of the Board at the Association of Lawyers of Russia, as explaining that the crypto confiscation process is currently extremely complicated. Gruzdev said that, currently, coins can only be seized with the help of “a specialist,” who can “guarantee the correct handling of such a specific type of property.” The lawyer said that police can seize physical hardware wallets. But when they need to confiscate crypto held in “hot” online wallets, they need to instead “transfer coins to a special address-identifier to ensure its safety.” Russian justice ministry officials at a regional-level meeting. (Source: Ministry of Justice Tomsk/RuTube/Screenshot) Lawyers Respond to Minsitry Proposals TASS quoted Gruzdev as explaining further: “The draft law assumes recognition of [cryptoassets] as items subject to confiscation, and also establishes the procedures for these actions. The draft law should bring clarity to the current legislation. Because, for a long time, there has been no clarity in issues related to the legislative regulation of crimes involving [cryptoassets].” While other lawyers welcomed the move, some raised questions. Maria Bakakina, an adviser to the criminal law practice at Sokolov, Trusov, and Partners, said: “The question immediately arises: What legal mechanism have courts previously used to seize cryptocurrency?” Indonesia won’t allow Russian planes to be stationed on its territory, Australia’s Defence Minister Richard Marles said, following earlier reports that Moscow had requested permission to access a provincial base https://t.co/YJMIi7Tb0G — Bloomberg (@business) April 16, 2025 The newspaper gave the example of a case from 2022, when a district court in St. Petersburg seized control of 24 crypto wallets. Prosecutors claimed a the time that the wallets contained stolen Ethereum (ETH) coins. Others warned that lawmakers and government ministries must verify the “technical readiness” of Russian law enforcement agencies before approving the bill. Daniil Markhiyev, managing partner at Daniil Markhiyev and Partners, said: “Guarantees are needed to protect the rights of law-abiding individuals [in crypto cases]. This will ensure that third parties who are not associated with criminal activity do not suffer as a result.” Russia says it is not easy to agree on a peace deal with the US, El Salvador’s Bukele says he will not return the man the US mistakenly deported, and more. Here are the top 5️⃣ stories you need to know today pic.twitter.com/TXfJRF9fbm — Reuters (@Reuters) April 15, 2025 Earlier this month, Dmitry Aristov, the head of the Russian Federal Bailiff Service, said that his agency had developed new methods to help it convert Bitcoin (BTC) seized in criminal cases into cash for the Treasury. The post Russian Government to Add Crypto-related Clauses to Criminal Code appeared first on Cryptonews .
The Reachy 2 robot, already in use in research labs, is packed with sensors, including stereo vision, microphones, a speaker, and lidar.
Get ready, crypto enthusiasts! The buzz is building around Humanity Protocol, a groundbreaking project aiming to redefine decentralized identity (DID). Terence Kwok, the CEO of Humanity Protocol, has just dropped a major hint that has the crypto community on the edge of their seats: a token generation event (TGE) for their native H token is on the horizon! If you’re invested in the future of Web3 and the power of secure, user-centric digital identity, this news is a game-changer. Let’s dive into what this could mean for Humanity Protocol and the broader crypto landscape. What is Humanity Protocol and Why is the H Token TGE a Big Deal? Humanity Protocol isn’t just another crypto project; it’s tackling a fundamental challenge in the digital age: how to prove you are human online without compromising your privacy. In a world increasingly dominated by bots and AI, and where digital identity theft is rampant, establishing genuine human presence online is crucial. Humanity Protocol proposes a novel solution using palm recognition technology to verify humanness in a decentralized and privacy-preserving manner. Here’s a breakdown of why this is innovative: Decentralized Identity Revolution: Traditional identity systems are centralized and vulnerable to breaches. Humanity Protocol champions a decentralized approach, putting individuals in control of their digital identities. Palm Recognition for Proof of Personhood: Forget passwords and cumbersome KYC processes. Humanity Protocol leverages the uniqueness of your palm print to establish your humanity securely and efficiently. Privacy-First Approach: Unlike many biometric systems, Humanity Protocol prioritizes user privacy. The technology is designed to verify humanness without collecting or storing sensitive personal data in a centralized location. The H Token’s Role: The upcoming H token is set to be the economic engine of the Humanity Protocol network. It will incentivize participation, secure the network, and facilitate transactions within the ecosystem. The token generation event (TGE) is a pivotal moment because it marks the official launch of the H token and the broader ecosystem’s economic framework. It’s the gateway for the community to become stakeholders in the network and participate in its growth. Why Palm Recognition for Decentralized Identity? Exploring the Benefits You might be wondering, why palm recognition ? In a sea of biometric solutions, palm recognition stands out for several compelling reasons: Uniqueness and Security: Palm prints, like fingerprints, are highly unique and difficult to replicate, offering a robust layer of security against fraud and impersonation. User-Friendly: Palm recognition is contactless and intuitive. It eliminates the need for complex hardware or intrusive procedures, making it accessible to a wide range of users. Privacy Advantages: Palm recognition can be implemented in a privacy-preserving way. Humanity Protocol’s architecture aims to minimize data collection and storage, focusing solely on verifying humanness. Scalability: Palm recognition technology is scalable and can be deployed in various environments, from mobile devices to public kiosks, making it suitable for global adoption. Imagine a future where you can seamlessly prove you are a real person online simply by scanning your palm – no more CAPTCHAs, no more endless identity verification processes. This is the vision Humanity Protocol is striving to achieve. Token Generation Event (TGE) on the Horizon: What We Know So Far While CEO Terence Kwok’s announcement was exciting, details about the token generation event (TGE) are still under wraps. Here’s what we’ve gleaned from the announcement and what to anticipate: Teased, Not Dated: Kwok hinted at the TGE but did not specify a launch date. This suggests the event is in the planning stages and could occur in the near future. H Token Utility: The H token will be the utility token for the Humanity Protocol ecosystem. Expect it to be used for network governance, transaction fees, incentivizing node operators, and potentially accessing premium features within the platform. Community Focus: Given the project’s emphasis on decentralization, it’s likely the TGE will be designed to be inclusive and allow broad community participation. Keep an eye out for announcements regarding allocation mechanisms and eligibility criteria. Official Channels: The best way to stay informed about the TGE is to follow Humanity Protocol’s official channels, including their website, social media, and community forums. As we await more concrete details, the anticipation surrounding the H token TGE is palpable. It represents a significant milestone for Humanity Protocol and a potential turning point for decentralized identity solutions in the crypto space. Decentralized Identity: Addressing Key Challenges and Looking Ahead The concept of decentralized identity (DID) is not without its hurdles. While promising, widespread adoption faces several challenges: Challenge Description Humanity Protocol’s Approach User Education and Adoption Educating users about DID and its benefits, and encouraging them to switch from familiar centralized systems. Focus on user-friendly technology (palm recognition), clear communication, and demonstrating tangible benefits (privacy, security, ease of use). Interoperability Ensuring DID systems are interoperable across different platforms and applications. Humanity Protocol is built with open standards in mind and aims to collaborate with other DID projects to foster interoperability within the ecosystem. Regulatory Landscape Navigating the evolving regulatory landscape surrounding digital identity and data privacy in different jurisdictions. Proactive engagement with regulators and building a system that aligns with global privacy standards and compliance requirements. Security and Trust Maintaining the security and trustworthiness of decentralized identity systems against attacks and vulnerabilities. Leveraging robust cryptographic techniques, decentralized architecture, and continuous security audits to ensure network integrity and user trust. Humanity Protocol is actively addressing these challenges through its innovative technology, community-centric approach, and commitment to privacy and security. The upcoming H token TGE is not just about launching a token; it’s about building a robust and sustainable ecosystem for decentralized identity that can empower individuals and transform the digital landscape. Taking Action: Staying Informed About the Humanity Protocol H Token TGE Want to stay ahead of the curve and be ready for the Humanity Protocol token generation event (TGE) ? Here’s what you can do: Follow Official Channels: Monitor Humanity Protocol’s official website, Twitter, Telegram, and Medium for announcements and updates. Join the Community: Engage in community discussions on platforms like Discord or Telegram to connect with other enthusiasts and stay informed. Do Your Research: Dive deeper into Humanity Protocol’s whitepaper and documentation to understand their technology, vision, and roadmap. Prepare for Participation: If you’re interested in participating in the TGE, start researching typical TGE processes and ensure you have the necessary crypto wallets and knowledge. The decentralized identity revolution is unfolding, and Humanity Protocol is positioned to be a key player. The teased H token TGE is a significant step forward, and by staying informed and engaged, you can be part of this exciting journey. Conclusion: The Future of Decentralized Identity is Human Terence Kwok’s teaser about the upcoming H token generation event has ignited excitement within the crypto community, and for good reason. Humanity Protocol is pioneering a truly innovative approach to decentralized identity using palm recognition , addressing critical issues of privacy, security, and user experience. As we move towards a more decentralized and user-centric web, solutions like Humanity Protocol are not just desirable – they are essential. The H token TGE represents a unique opportunity to get involved in a project that has the potential to reshape how we interact with the digital world. Keep your eyes peeled for further announcements, do your due diligence, and get ready to witness the dawn of a more human-centric internet, powered by decentralized identity and the ingenuity of Humanity Protocol. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Key Takeaways: Raydium’s LaunchLab intensifies the Solana DEX rivalry by directly challenging Pump.fun’s PumpSwap. The platform’s permissionless, fast, and customizable launch process seeks to attract creators and developers seeking seamless on-chain token creation and immediate trading. Raydium’s move to launch LaunchLab is part of a broader industry shift toward decentralization, innovation, and fierce competition. Raydium, the leading decentralized exchange (DEX) on Solana by cumulative volume, announced the launch of its anticipated token creation platform, LaunchLab on Tuesday — directly challenging the dominance of Pump.fun. This development follows months of speculation after early signs of the platform’s creation surfaced last month. LaunchLab marks a major evolution for Raydium, which had previously maintained a close working relationship with Pump.fun before pivoting to build its launch infrastructure. A few weeks ago, Pump.fun launched its own DEX called PumpSwap, indicating an intensifying rivalry between two major players in the Solana ecosystem. Raydium Fires Back at Pump.fun with LaunchLab LaunchLab provides seamless on-chain token creation with direct integration into Raydium’s automated market maker (AMM), allowing tokens to begin trading immediately on the exchange after launch. Introducing LaunchLab, Raydium's all-in-one token launchpad. Built for Creators, Developers, and the Community https://t.co/yZVzShVZSJ More info pic.twitter.com/r6s1DAegWf — Raydium (@RaydiumProtocol) April 16, 2025 It allows third-party platforms to set custom transaction fees and supports a referral program that rewards users in SOL. With this new platform, Raydium has moved from being a backend liquidity provider for meme coin launches to offering its launchpad infrastructure. The platform offers two modes: a customizable launch feature for more complex projects and a simplified “JustSendIt” mode. In the latter, users can launch a token and, once 85 SOL is raised through a bonding curve, liquidity is automatically migrated to a Raydium pool, LP tokens are burned, and trading continues without interruption. The process is designed to be fast and permissionless, with no migration fee and minimal friction. The platform’s trading fee structure includes a 1% base fee, 50% of which goes to a community pool, 25% to $RAY token buybacks, and 25% to infrastructure and operations. Creators can also opt in to earn 10% of trading fees from their token’s AMM pool after launch, a move intended to incentivize long-term development and sustainability. LaunchLab also introduces a referral program that pays 10 basis points of swap volume to wallets that refer new users, automatically airdropping SOL to incentivize platform growth. For developers, LaunchLab offers integrated token visibility across multiple terminals and apps, designed to streamline distribution from day one. Pump.fun’s PumpSwap Heats Up Solana DEX Wars as Trading Activity Soars Raydium’s new LaunchLab is important in the Solana DEX ecosystem, as Pump.fun’s freshly launched PumpSwap rapidly gains ground. Launched on March 20 , PumpSwap shows Pump.fun’s bold move to control its trading flow, ending its reliance on Raydium. Raydium previously handled secondary market activity for meme coins that hit a $69,000 market cap. Introducing PumpSwap, Pump’s new native DEX beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap PumpSwap enables – instant migrations – 0 migration fees (down from 6 SOL) – more liquidity – creator revenue sharing (coming soon) & more pic.twitter.com/T9BkmmaVVS — pump.fun (@pumpdotfun) March 20, 2025 Since debuting, PumpSwap has quickly become a powerhouse. According to DeFiLlama , the platform processed $2.5 billion in trades last week, with a 40% week-over-week surge from $1.8 billion. Cumulatively, PumpSwap has cleared nearly $100 million in trades since launch. Source: Dune Dune data shows PumpSwap recorded over 6.1 million daily swaps on April 12, 5.7 million on April 14, and over 264,000 active wallets on that day. That same day, the platform hit a record $417.8 million daily trading volume, generating $14.2 million in fees. As competition in Solana’s DEX space heats up, Raydium’s move positions it as a direct challenger in the token launch space. It aims to capture momentum from Pump.fun’s viral success while reinforcing its foothold in the ecosystem. Frequently Asked Questions (FAQs) How does Raydium’s LaunchLab challenge the traditional approach to token launches? It shifts from relying on external platforms to offering an integrated, fast, and permissionless launchpad directly within a leading DEX, giving creators and developers the power to control their token’s journey from inception to trading. Could LaunchLab’s features influence the future of decentralized project launches? Yes, its customizable options and immediate trading enable a more democratic and efficient ecosystem, which could encourage innovation and reduce barriers for new projects. What broader trend does this DEX war show in the crypto industry? It demonstrates the ongoing shift toward specialized, user-centric DeFi infrastructure that prioritizes speed, transparency, and community incentives over traditional centralized control. The post Raydium Fires Back with LaunchLab as $2.5B DEX War with Pump.fun Explodes on Solana appeared first on Cryptonews .
The recent downturn in Ethereum’s market share marks a significant shift as analysts remain cautiously optimistic about its recovery trajectory. Despite Ethereum’s market share plummeting to a record low of
As April 2025 moves into full swing, traders are eyeing low-cost altcoins with explosive potential. While XRP and Solana (SOL) continue to gain attention for their large-cap strength, the biggest upside right now may lie in a breakout-stage project— MAGACOIN FINANCE . FINAL CALL — ACT NOW & SECURE YOUR SPOT! MAGACOIN FINANCE – Over 3,600% ROI Still on the Table MAGACOIN FINANCE is holding strong at $0.0002908 , with a confirmed listing target of $0.007 —an automatic +2,308% ROI . Using promo code MAGA50X , investors receive 50% more tokens , boosting total return potential to +3,645% . Stage 7 is over 60% full , with 12,500+ holders already in. Once the next price tier kicks in, ROI decreases—so timing is everything. JOIN 12,500+ NOW — LIMITED TIME ROI Comparison: XRP, Solana, and MAGACOIN FINANCE XRP : $2.09 to $5.00 = +139% ROI Solana (SOL) : $125.36 to $300 = +139% ROI MAGACOIN FINANCE : $0.0002908 to $0.007 = +3,645% ROI While XRP and Solana offer respectable gains, MAGACOIN FINANCE delivers unmatched potential for early-stage investors focused on 30x–40x upside. Current Price Highlights XRP : $2.09 – steady with large-cap support Solana (SOL) : $125.36 – strong L1 momentum continues MAGACOIN FINANCE : $0.0002908 – trending pre-sale entry 50% EXTRA BONUS LIVE — USE CODE MAGA50X BEFORE IT’S GONE! Conclusion XRP and Solana remain reliable picks—but for traders seeking next-level ROI, MAGACOIN FINANCE is clearly the smarter Q2 move. With hype building, media coverage rising, and prices still low, this may be your last best chance to get in early. Don’t let Stage 7 pass you by. Always do your own research before investing. For more information and to participate in the presale: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Top 3 Altcoins Under $1 That Could 30x by the End of April