Trump Coin is back in the spotlight after Donald Trump announced an exclusive dinner event for the top 220 holders, but analysts are warning of a potential sell-off. The endorsement triggered a 75% flash rally, positioning TRUMP as an altcoin front-runner —yet it remains widely sidelined in the “best crypto to buy” conversation. Pseudonymous X trader SCryptoTrader flagged looming inflationary pressures, citing last week’s $400 million token unlock as a red flag. They warned that the rally “could be a trap to lure FOMO buyers before insiders dump,” suggesting the dinner event may double as a well-timed exit for early whales. $TRUMP #trump Token huge Supply just unlocked 18th April $400M+ and daily 0.04% for coming years All this is trap to dump and make millions more from fomo buyers Dinner with top 220 holders is a trap for you Those who bought high before this is a chance to exit Don't miss… pic.twitter.com/NpDNKj9NgD — SCryptoTrader (@ScryptoTrader) April 23, 2025 The project’s developers control 80% of the token’s supply, while the identities of most large holders remain unknown. TRUMP Price Analysis: Is Trump Coin About to Rug? While Trump Coin has fallen 15% since its Wednesday peak, technical indicators display characteristics of a correction rather than a sell-off. TRUMP/USDT 1-day chart, symmetrical triangle breakout. Source: Binance. The Relative Strength Index (RSI) signals buyer exhaustion, making a sharp U-turn after soaring past the overbought threshold at 70—often a precursor to short-term corrections. The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance. The rally also affirms the breakout path of a symmetrical triangle pattern forming since early February. If support at $11.25 holds, TRUMP could regain momentum and target a move toward the triangle’s projected top at $20—marking a potential 65% upside from current levels. New ICO Introduces the Latest Self-Custody Solutions After the multi-month freefall across the altcoin market, presale investing has become a popular strategy—offering a hedge against downturns and a shot at above-average returns. One project catching early attention is Best Wallet ($BEST) , bridging the gap between Web2 familiarity and Web3 functionality with its upcoming “Best Card.” The Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted through Best Wallet. The in-app “Upcoming Tokens” feature, which shows emerging crypto projects, has particularly caught investors’ attention with a reputation for providing high-gain trading alpha. With almost $11.2 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 127% APY on staking that rewards early investors. You can keep up with Best Wallet on X , Discord , and Telegram , or join the presale on the Best Wallet website . The post Trump Coin Price Prediction: Analysts Warn Investors Chasing Presidential Dinner appeared first on Cryptonews .
The cryptocurrency market faced challenges as Bitcoin’s price fluctuated amidst U.S. economic shifts and political rhetoric. Despite a recent drop in Bitcoin’s value, institutional interest remains robust, with significant inflows
U.S. President Donald Trump meanwhile continued his tough talk on China.
Coinbase announces new altcoin listings, boosting trading interest. ZORA and Mantra are key altcoins added to their roadmap. Continue Reading: Coinbase Boosts Altcoin Listings, Igniting Trading Excitement The post Coinbase Boosts Altcoin Listings, Igniting Trading Excitement appeared first on COINTURK NEWS .
Retired NBA legend Shaquille O’Neal has reached a settlement in a lawsuit that allegedly had him on the run. The class action lawsuit accused him of actively participating in FTX’s offer and sale of unregistered securities before the firm’s collapse in 2022. Before the FTX debacle , when things were still rosy, Shaquille O’Neal was featured in an advertisement where he claimed he was “all in” on the exchange, even though he would later claim that he didn’t understand crypto. We couldn't keep it secret any longer! We're partnering with…the one…the only… @SHAQ ! (a.k.a. Shaqtoshi) pic.twitter.com/V37UQ5wsXI — FTX (@FTX_Official) June 1, 2022 Shaquille O’Neal joined in promoting FTX According to court documents filed on April 23 in the Southern District of Florida, the plaintiffs, mostly investors who allege that FTX misled them about its financial stability and operations, and O’Neal, have reached a proposed settlement and will soon submit a formal request for the court’s approval. Sadly, no details have been shared concerning the terms of the settlement, as the filing requested that they remain confidential. It spells an end to a lawsuit that had O’Neal reportedly “running” from lawyers, as attorneys at the Moskowitz Law Firm said they had trouble serving papers to the NBA legend. The firm said that it made several attempts to serve O’Neal with those papers, including staking out the TNT studios in Atlanta for a week in the hopes of hand-delivering the complaint to him. O’Neal was implicated in the FTX drama after a 2023 court filing submitted to the U.S. Bankruptcy Court in Delaware by FTX’s current management revealed a list of celebrities, businesses, and sports teams that had received payments for helping with its marketing efforts. According to the documents, the former NBA star was paid close to $750,000 for his advertisement. The FTX lawsuit is not the first time that O’Neal has been involved in a crypto arrangement that led to a settlement. In 2024, he also agreed to a settlement in relation to his Astrals NFT project. According to a lawsuit from then, O’Neal actively promoted the Astral NFT project , then abandoned it in 2022, which led to some people losing huge sums of money. A Florida federal judge later ruled that the NBA legend could plausibly be considered the “seller” of the asset under securities law, and subsequently, O’Neal and all associated Astrals entities agreed to a settlement of $11 million in monetary relief. Other celebrities have been implicated in the FTX fallout as well O’Neal is the latest celebrity to reach a settlement with plaintiffs from the FTX lawsuit, but he is not the only celebrity to be caught up in legal battles following FTX’s demise. Others like him who have had to face the consequences include NFL quarterback Tom Brady, his ex-wife Gisele Bundchen, tennis star Naomi Osaka, and Shark Tank personality Kevin O’Leary. NFL quarterback Trevor Lawrence, who signed a sponsorship deal with Blockfolio, an FTX subsidiary, in 2021, and YouTubers Tom Nash and Kevin Paffrath were also implicated. Like O’Neal, they also agreed to undisclosed settlements. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Securitize and Mantle Unveil Institutional Crypto Fund 💰Coin: Mantle ( $MNT ) $0.7344
Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said. Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including Bitcoin ( BTC ), Ether ( ETH ), and Solana ( SOL ), as well as stablecoins tracking the US dollar, Securitize said in an April 24 announcement. The fund also integrates liquid staking tokens — including Mantle’s mETH, Bybit’s bbSOL, and Ethena’s USDe — in a bid to enhance returns with onchain yield, according to the announcement. The launch comes as retail and institutions alike increase exposure to cryptocurrencies, particularly Bitcoin, as a hedge amid escalating macroeconomic uncertainty . Mantle’s mETH yields 3.78%. Source: DeFILlama ‘S&P 500 of crypto’ The market capitalization-weighted index fund aspires to “become the de facto SPX or S&P 500 of crypto,” Timothy Chen, Mantle’s global head of strategy, said in a statement. The company offers institutions a way to generate yield from digital assets. One of its liquid staking products, Mantle Staked Ether (mETH), yields holders approximately 3.78% APR as of April 24, according to data from DefiLlama. The protocol has more than $680 million in total value locked (TVL). Securitize is the most popular institutional tokenization platform. Source: RWA.xyz Securitize is one of the most popular platforms for tokenizing real-world assets (RWAs) for institutions, with approximately 71% of market share as of April 24, according to data from RWA.xyz. Its largest affiliated fund — BlackRock Institutional Digital Liquidity Fund (BUILD) — has more than $2.5 billion in net assets. In March, Securitize co-founder and CEO Carlos Domingo told Cointelegraph that demand for tokenized funds is accelerating as “[i]nstitutional investors, private equity firms, and credit managers [turn] to tokenization to enhance efficiency, reduce operational friction, and improve liquidity.” Magazine: What are native rollups? Full guide to Ethereum’s latest innovation
Crypto market consolidates after a rally earlier this week; Bitcoin’s return above $94,000 supported trader sentiment. While most altcoins suffered a pullback in the market-wide correction, three tokens could yield gains for holders in the coming weeks: Dogecoin, Solana and ONDO. Dogecoin ( DOGE ), Solana ( SOL ) and Ondo ( ONDO ) could begin rallying in the coming weeks amidst several catalysts in the ecosystem. From U.S. President Donald Trump’s softening stance on tariffs to Bitcoin’s attempt to reclaim the “digital gold” title, a few altcoin rallies are pending and could yield gains for traders. Table of Contents Bitcoin pullback and what to expect Bitcoin bull run strategy, top three tokens to watch Dogecoin, Solana and Ondo price forecast Experts believe Bitcoin could see limited upside, pave way for altcoin rally Crypto adoption is rising, DOGE, SOL, ONDO could benefit Bitcoin pullback and what to expect Bitcoin started the week strong, making a comeback above the $94,000 level before correcting mid-week. Early on Thursday, Bitcoin hovered close to the $93,000 support level. The market-wide crypto correction affected altcoins in the top 30 cryptocurrencies by market capitalization, and tokens have kicked off a slight recovery in the past 24 hours. Cryptos in the top ten ranked by market capitalization | Source: Crypto.news The Bitcoin pullback highlighted two key support zones for BTC and a sticky resistance above $95,000. The two support zones, between $88,465 and $91,935 and $85,230 and $87,076, are key to Bitcoin’s current consolidation phase. Consecutive daily candlestick closes under these levels could signal the beginning of a downward trend in Bitcoin. BTC/USDT daily price chart | Source: Crypto.news You might also like: $7.25b in Bitcoin options set to expire, market poised for big move Bitcoin bull run strategy, top three tokens to watch The total crypto market capitalization excluding Bitcoin and Ethereum ( ETH ) is currently lagging behind. The zone between $837 billion and $850 billion is important for altcoins and has served as a support level in previous bull markets. Crypto market capitalization excluding Bitcoin and Ethereum | Source: Crypto.news Once the altcoin market capitalization breaks into this zone, top altcoins could yield gains for holders. Tokens like Dogecoin, Solana, and Ondo, with pending price rallies, could climb higher. In April 2025, the altcoin market cap excluding Bitcoin and Ethereum grew by 2.2%, from $797 billion to $815 billion. Similar market conditions could drive value higher. If Bitcoin dominance slips and the largest cryptocurrency declines, it could pave the way for an altcoin rally. You might also like: SEC meets with Ondo Finance to discuss tokenizing US securities Dogecoin, Solana and Ondo price forecast Dogecoin traded at $0.18047 early on Thursday. The largest meme coin could rally nearly 20% and test resistance at $0.21465, a key resistance level that coincides with the lower boundary of an imbalance zone on the DOGE/USDT daily price chart. RSI, a key momentum indicator, reads 59, and the MACD shows underlying positive momentum in DOGE’s price trend, with green histogram bars flashing above the neutral line. Technical indicators paint a bullish picture for the meme coin in the short term; traders could expect a recovery next week. DOGE/USDT daily price chart | Source: Crypto.news The Solana daily price chart paints a similar picture with both momentum indicators, RSI and MACD signaling a rally in SOL price. RSI reads 64 and is sloping upwards. It remains well under the “overbought” level at 70, that typically generates a sell signal. MACD flashes consecutively taller green histogram bars above the neutral line, implying positive momentum underlying Solana’s price trend. SOL could extend gains by 18% and test resistance at a key level of $180. A daily candlestick close above this level and flipping it into support could signal an end to the consolidation phase and the start of an upward trend in Solana. The $125 level serves as key support for the Ethereum-alternative token. SOL/USDT daily price chart | Source: Crypto.news Ondo could also see gains in the coming weeks, with the token breaking out of its consolidation phase. A daily candlestick close above $0.98 could confirm that the token has kicked off an upward trend. A 21% rally could push ONDO to test resistance at $1.1895. The $1.0667 level acts as an intermediate resistance. ONDO could find support at $0.8174, and a decline to this level could trigger a liquidity sweep and a rebound toward R1 and R2 levels. ONDO/USDT daily price chart | Source: Crypto.news Experts believe Bitcoin could see limited upside, pave way for altcoin rally CoinShares bi-weekly digest published on April 24 notes that global digital asset ETFs recorded inflows of $1 billion, pushing weekly inflows to $2.4 billion. Alongside rising inflows, a decline has been observed in the ETH/BTC ratio, now down to 0.018. Analysts at CoinShares believe Bitcoin has limited upside. While tariff policies remain a key driver of volatility, minor developments are ushering in price swings in cryptocurrencies. Traders remain cautious as Bitcoin reverses gains from earlier this week. Innokenty Isers, Chief Executive Officer at the crypto exchange Paybis told Crypto.news: “In the last 24-hours Bitcoin has started reversing its growth trend and is now hovering at $92,507.12, a sign that the current rally might not be a sustainable one. Current market outlook suggests that Bitcoin price may face more stiff resistance moving forward. In the last two months, the uncertainty around the tariff war triggered an unusual concern for investors as many decided to temporarily steer clear of more volatile assets like Bitcoin. Adding to this, the Federal Reserve has spotlighted the inflationary risks the tariff war may introduce. Despite this outlook, there are clear indications of sustained accumulation of BTC by institutional investors and market whales.” Crypto adoption is rising, DOGE, SOL, ONDO could benefit Ethereum, the largest altcoin and a token often labeled as a “zombie” in some circles, has gained 1.83 million new users in just a week, raising hopes for broader crypto adoption and altcoin demand. Data from IntoTheBlock shows a 40% rise in Ethereum adoption. Altcoins and meme coins could benefit from the rising demand for crypto among new users. Dogecoin, considered a blue-chip meme coin, Solana, an Ethereum-competitor that has solidified its place in the top 10 cryptos and Ondo, an RWA token rising in popularity could benefit from an influx of new users and demand from users in the ecosystem. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Real estate tokenization—once a niche experiment—may soon become a core pillar of how property is financed, owned and traded, according to a Thursday report by Deloitte Center for Financial Services. The market of tokenized real estate could reach $4 trillion by 2035, growing at a compound annual rate of 27% from the current size of under $300 billion, the firm forecasted. Tokenization of real-world assets (RWA) is a red-hot sector at the intersection of crypto tech and traditional finance. It consists of creating digital versions of assets like bonds, funds and real estate, that represent ownerships on blockchain rails. The process offers operational efficiencies, cheaper and faster settlements and broader investor access. For the real estate sector, tokenization's appeal lies in its ability to automate and simplify complex financial agreements, the report explained, such as launching a real estate fund on-chain with coded rules handling ownership transfers and capital flows. An example for this is Kin Capital's $100 million real estate debt fund tokenization platform Chintai with trust-deed-based lending, Deloitte noted. The report outlines a three-pronged evolution of tokenized property: private real estate funds, securitized loan ownership, and under-construction or undeveloped land projects. Of these, tokenized debt securities are expected to dominate, hitting $2.39 trillion in value by 2035, based on the report's forecast. Private funds could contribute around $1 trillion, while land development assets may account for some $500 billion. Despite the advantages, challenges remain, the report noted, especially around regulation, asset custody, cybersecurity and default scenarios. Read more: Tokenized Funds' Rapid Growth Comes With Red Flags: Moody's
U.S. stocks closed higher Thursday, driven by strong gains in megacap tech companies as investors parsed mixed signals on global trade policy from the White House and Beijing. The Nasdaq Composite climbed 2.74%, while the S&P 500 added 2.03%. The Dow Jones Industrial Average lagged behind but still gained 1.23%, held back by a 6% drop in IBM shares after the company cited lost government contracts due to budget cuts. Shares of Nvidia, Meta, Amazon, Tesla, and Microsoft all rose, lifting the broader market and pushing the tech sector higher for a third consecutive day. You might also like: $7.25b in Bitcoin options set to expire, market poised for big move China talks continue The rally came despite China’s commerce ministry denying any current trade talks with the U.S. and demanding the removal of all existing tariffs. Meanwhile, President Trump appeared to soften his tone , with Treasury Secretary Scott Bessent hinting at a potential agreement with South Korea next week. Baird analyst Ross Mayfield expressed skepticism about the sustainability of the rally. “China was pretty explicit there are no negotiations ongoing,” he told CNBC . “The market may still be reacting to signals that the administration wants a deal.” Despite the optimism, investors remain cautious. The S&P 500 is still down 3.5% since Trump’s April 2 tariff announcement, while the Dow has declined 5.3% and the Nasdaq 2.8% over the same period. Looking ahead, markets are awaiting earnings from Alphabet, Google and Intel. While Alphabet is not expected to show immediate effects from trade tensions, analysts will be watching for any signs of future tariff-related impacts. Intel’s results will mark the debut of new CEO Lip-Bu Tan’s leadership. Bitcoin ( BTC ) traded in the mid-$93,000 range for most of the day. You might also like: New $3.6b Bitcoin giant Twenty One Capital takes aim at Saylor’s Strategy