Players were outraged by decisions made with the Solana relaunch of crypto game Wolf Game, with the CEO saying he’s stepped down.
After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin’s (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is currently closer to $90,000 than its new range bottom. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Bitcoin’s higher time frame (HTF) market structure has achieved its first breakout of 2025, fueling optimism among bulls for significant upward momentum. However, the following factors could limit BTC’s gains over the next two weeks, likely capping its price at around $90,000. Related: Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?' Bitcoin needs spot volume, not just leverage-driven Cointelegraph identified a cooldown period in the futures market as the BTC-USDT futures leverage ratio dropped by 50%. De-leveraging in the futures market is a positive development over the long term, but derivatives traders have taken control of the market at the time as well. Bitcoin cumulative net take volume. Source: X.com Bitcoin researcher Axel Adler Jr. pointed out that Bitcoin’s cumulative net taker volume spiked to $800 million on April 11, hinting at a surge in aggressive buying. BTC price also jumped from $78,000 to $85,000 within three days, confirming previous historical patterns where high net take volume triggers price rallies. Likewise, Maartunn, a community analyst at CryptoQuant, confirmed that the current rally is a “leverage-driven pump.” The discrepancy arises because retail or spot traders are still not as relevant. Bitcoin 30-day apparent demand. Source: CryptoQuant As illustrated in the chart, Bitcoin apparent demand is on a recovery path, but it is not net positive yet. Historically, 30-day apparent demand can move sideways for a prolonged period after BTC reaches a local bottom, leading to a sideways chop for the crypto. Thus, it is less likely that Bitcoin could breach $90,000 in the first attempt after dropping close to 20% until there is collective buying pressure from both spot and futures markets. Large liquidation clusters between $80-$90K may bait traders With futures traders positioning in either direction, data from CoinGlass highlighted significant cumulative long and short liquidation leverage between $80,000 and $90,000. Taking $85,100 at the base price, total cumulative short positions at risk of liquidation are at $6.5 billion if BTC price hits $90,035. Bitcoin exchange liquidation map. Source: CoinGlass On the other hand, $4.86 billion in long orders will be wiped out if BTC drops to $80,071. While liquidation clusters do not determine directional bias, they can create long or short squeezes, baiting traders on either side of respective trades. With such high capital at risk under $90,000, it is possible that Bitcoin may target each cluster before moving toward the dominant side. Related: Bitcoin traders target $90K as apparent tariff exemptions ease US Treasury yields This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Given the increased bullishness in the broader crypto landscape, Bitcoin is experiencing renewed upward momentum, pushing the flagship digital asset to key resistance levels. BTC’s recent upward performance has reignited optimism and interest in the sector. However, this bullish sentiment seems to be fading among large BTC investors. BTC Whales Pulling Back On Long Positions Bitcoin’s renewed price growth is receiving controversial reactions from investors and traders. An insightful analysis shared by FundingVest, an on-chain expert and verified author on the X (formerly Twitter) platform, has revealed a bearish sentiment among Bitcoin whale investors. In the X post, the expert highlighted that whale-long positions have been decreasing even as BTC’s price witnessed a surge to the $86,000 threshold. This unexpected turn of events among whale traders suggests a potential shift in conviction or a strategic retreat due to the current market bearish pressure that has increased the volatility of digital assets. Furthermore, the change in behavior might be a signal that institutional confidence in BTC is fading, raising concerns about its recent uptrend. According to the expert, the development implies that big investors might be getting ready to go short or close off their long bets . Even though the whales are banking on a pullback, retail investors, often regarded as small traders, seem to be increasing their long exposure. FundingVest spotted the shift in investor behavior after investigating the Bitcoin Whale vs Retail Ratio, a crucial metric for determining BTC’s trading activity. The key metric shows a surge in retail activity as these traders are becoming more active while whales are stepping back . However, when looking at the 3-day heatmap chart, an increase in long positions and accumulation in both directions can be observed. Such a development sets the stage for potential volatility and strengthens the case for a contrarian strategy. Meanwhile, it is more likely that the market will increase when long positions have been completely flushed out. FundingVest has drawn attention toward some short positions that were closed last week, which he believes should be taken into account during the period. Demand For Bitcoin Gaining Traction BTC’s recent upswing has sparked interest in the flagship asset as apparent demand grows slowly. Kripto Mevsimi reported in a quick-take post on the CryptoQuant platform that Bitcoin Apparent Demand has begun to recover from deep negative territory in the 30-day time frame, suggesting a possible shift in market behavior. Although this is bullish, the on-chain expert believes it is too soon to consider the development as the start of a new bullish trend, highlighting a similar scenario in 2021. Despite a brief stabilization or rebound in price, demand stayed negative or close to zero for months in 2021. Meanwhile, it was not until after prolonged consolidation that a meaningful structural recovery emerged. The current rebound may be significant, but it is more likely a pause in pressure than a clear indication of accumulation or a macro bottom.
Bitcoin remains under the spotlight as Anthony Pompliano, founder and CEO of Professional Capital Management, outlined a bullish long-term vision for the cryptocurrency in a recent CNBC interview. With Bitcoin ( BTC ) hovering around $85,000, following a recent dip to $76,000, Pompliano weighed in on Bitcoin’s place in the global financial landscape, comparing it to gold and hinting at major institutional and governmental developments ahead. Bitcoin has kicked off 2025 down roughly 10%, while gold is up 20%. But Pompliano was quick to point out a key trend: over a one-year horizon, both assets are up about 35%. This divergence, he notes, is not uncommon. “Gold usually leads these rallies and nobody really knows why that happens,” Pompliano said. “My kind of guess would be that a lof of the central banks and institutional investors they are either not approved to buy Bitcoin or they’re not used to running to Bitcoin in these moments of kind of geopolitical uncertainty. What we do soo though, is when gold runs about suggesting that central banks and institutional players tend to favor gold in times of geopolitical uncertainty.” He added that typicall when gold runs higher around 100 days later Bitcoin not only “catches up” but “tends to run even harder due to its higher volatility.” You might also like: Stocks, crypto eye gains as investors ponder next tariff moves ETFs and sovereign wealth funds buying in One of the most notable shifts is how investors are gaining exposure to Bitcoin. Pompliano noted a growing use of spot Bitcoin ETFs , not just by retail traders but also by sovereign wealth funds. Pompliano highlighted a recent overlooked disclosure by an undisclosed sovereign fund that exposure to Bitcoin exposure through ETFs. This shows institutions “want price exposure without the regulatory and geopolitical complications of self-custody.” Is the U.S. preparing a strategic Bitcoin reserve? Pompliano discussed details from a recent conversation with Bo Hines, executive director of the President’s Advisory Council for Digital Assets. The takeaway? The U.S. government is reportedly not just interested in holding confiscated Bitcoin, it may be looking to actively acquire more. “They’re going to buy as much Bitcoin as they possibly can,” Pompliano said. While the methods of purchasing are still being debated, whether via selling revalued gold or using tariff revenues, he confirmed that an interagency task force is actively exploring the best route. That move, if finalized, could set the stage for an entirely new layer of geopolitical positioning around Bitcoin. As Pompliano puts it, “Other countries may be acquiring Bitcoin by mining; the U.S. might buy it outright.” You might also like: Key US dollar data hits 2006 levels: will this boost Bitcoin and altcoins?
Mutuum Finance (MUTM) is positioning itself as one of the most promising cryptos of 2025, with projections suggesting an extraordinary 11,300% return. Mutuum Finance tokens available during their Phase 4 presale which are priced at $0.025. A strong investor backing emerged through the acquisition of more than 8300 buyers who have raised $6.8 million during the presale process. Investors participating in Mutuum Finance Phase 4 token purchase earn 140% profit at $0.06 at exchange launch. Mutuum Finance Presale Accelerates in Phase 4 The fourth phase of Mutuum Finance presale is in progress while the platform attracts increasing investor interest. The DeFi solution provided by Mutuum Finance operates as a scalable long-term solution instead of hyper-inflated meme coins. Investor confidence remains high since Phase 4 of the presale has surpassed $6.8 million total shares and attracted more than 8300 token holders before the following price adjustment. The presale token price has reached $0.025 during Phase 4 of the presale while the launch will bring it to $0.06. Investors who bought in Phase 4 obtained 140% growth from their investment once MUTM launches. Furthermore analysts predict MUTM will reach $4 upon listing. The current cost of MUTM attracts investors to buy during Phase 5 since it will undergo another pricing increase to 0.03. The team has recently launched an updated dashboard that includes a leaderboard showcasing the top 50 holders. These holders will receive bonus tokens as a reward for keeping their spot in the top 50. Revolutionizing DeFi Lending with an Advanced Dual-Model System The non-custodial liquidity protocol of Mutuum Finance delivers decentralized lending which grants users absolute control of their assets. Through lending activities users accumulate passive earnings from lenders and borrowers instantly access funds by placing multiple assets above their loan value. The automatic interest rate adjustments of the system optimize capital structure and sustainability for the ecosystem. Mutuum Finance operates a dual-lending framework that delivers exceptional flexibility to users which features Peer-to-Contract (P2C) and Peer-to-Peer. The Peer-to-Contract (P2C) system enables smart contracts to regulate lending pools that shift interest rates in harmony with market conditions. Lenders receive dependable income while borrowers get secure financing opportunities through this system. The P2P approach takes out middlemen by enabling direct communication between borrowing parties and lending participants. Any asset with volatility needs this complete decentralized model which provides maximum flexibility to users. Security takes precedence in this ecosystem through combination with open-source smart contracts along with third-party audits to establish complete transparency. The MUTM token holders benefit from both price growth potential and earn passive income while receiving investments through a strategic buyback system that strengthens long-term token value. Mutuum Finance aims to increase accessibility and liquidity by implementing multi-chain expansion which will include EVM and non-EVM blockchain support. $100,000 Giveaway & Community Incentives The $100,000 giveaway conducted by Mutuum Finance aims to give away $10,000 in MUTM tokens to 10 participants as part of its adoption drive. The referral system within Mutuum Finance provides users with rewards for bringing new members into the platform which helps the community to expand while accelerating its growth naturally. Mutuum Finance (MUTM) is redefining the future of decentralized finance, with its innovative dual-lending model, robust investor momentum, and staggering growth potential. With over $6.8 million raised and 8,300+ holders secured during Phase 4 of its presale, early adopters are already poised for a 140% return when the token lists at $0.06. Projections estimating an 11,300% return in 2025 highlight the unparalleled upside MUTM offers compared to traditional cryptocurrencies. As Phase 5 approaches and the price rises to $0.03, the opportunity to invest at today’s rate is rapidly closing. Join the Mutuum Finance presale now to lock in early rewards, earn passive income, and become part of a community reshaping DeFi from the ground up. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
JPMorgan's CEO expresses concerns over U.S.-China relations and trade tariffs. Dimon warns of risks due to tariffs impacting U.S. Continue Reading: JPMorgan CEO Raises Alarm on Trade Tariffs and Cryptocurrencies The post JPMorgan CEO Raises Alarm on Trade Tariffs and Cryptocurrencies appeared first on COINTURK NEWS .
Solana (SOL) has gone down by 0.75% in the past 24 hours and currently sits at $132 per token but this cryptocurrency has had a good week as odds that a Solana ETF will be approved by the U.S. Securities and Exchange Commission (SEC) skyrocketed in the past few days. Wagers on Polymarket have raised the odds that a SOL-linked exchange-traded fund (ETF) will receive the nod from the regulator before the end of 2025 to 82%. Bettors responded favorably to Paul Atkins’s confirmation as Chairman of the agency around six days ago as the Trump administration continues to place industry-supportive figures in key positions. A Solana-linked ETF will drive additional liquidity and capital inflows to this utility token while it will also open up the door for further institutional interest in the network, which should result in higher prices in the long term. Like most cryptocurrencies, SOL has had a difficult year and has accumulated losses of 30.2% since the year started as macroeconomic conditions have deteriorated lately. Although Trump’s rise to power initially boosted the price of most digital assets, his hostile trade policies have spooked market participants as they could result in higher inflation, slower economic growth, and no interest rate cuts. SOL Could Rise to $150 Soon After Trend Line Break The daily Solana chart shows that the price has broken above its trend line resistance and has temporarily invalidated a bearish outlook for the token. Meme coins could be responsible for this positive performance as Fartcoin (FART), a Solana-based token, has rallied in the past week and has driven significant transaction volumes to the network. Other assets in this category like Bonk (BONK) and Popcat (POPCAT) have also experienced strong demand, all of which benefit SOL. Momentum indicators have improved in the past few days as the Relative Strength Index (RSI) has crossed above the signal line and has delivered a strong buy signal. Meanwhile, the MACD’s histogram has been rising for five consecutive days and has surged to its highest level since late March. As a result, SOL could retest the $150 resistance soon, meaning a 13.6% upside potential in the near term for the token. With Solana’s growth pushing network limits, it’s no surprise over $30 million has already flowed into Solaxy presale , a Layer 2 built to ease congestion. Solaxy ($SOLX) Presale Will End Soon – This is The Time to Invest Solaxy (SOLX) is a layer-two scaling protocol that increases the Solana mainnet’s efficiency by bundling transactions offline in a side chain. Back in January when TRUMP and MELANIA were launched, users and exchanges received transaction errors and experienced delays when they tried to buy and sell these tokens. The protocol’s presale event will end soon. At its discounted presale price of $0.001694, SOLX offers significant upside potential to early buyers as the demand for this token will skyrocket once the L2 is launched. To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet ). You can either swap SOL, USDT, or ETH for this token or use a bank card to make your investment. The post Can ETF Hype Push SOL Past $150? Traders Eye Breakout Levels appeared first on Cryptonews .
Ethereum Could Be AI’s Key to Decentralization, Says Former Core Dev A former Ethereum core developer, Eric Connor, believes Ethereum may hold the answer to one of AI’s most pressing challenges: centralization. In a post on X dated April 15, Connor outlined how Ethereum’s transparent and decentralized infrastructure could help fix AI’s growing “black box” issue. Ethereum Offers an Alternative to Big Tech’s AI Connor argues that AI is rapidly becoming omnipresent in every aspect of modern life but is still constrained by black-box algorithms and centralized frameworks. Ethereum, on the other hand, offers open smart contracts and verifiable contracts, decentralized infrastructure, token incentives, and micropayment systems with integration. These traits would bring accountability into AI model training, what it is trained on, and how decisions are made—topics now veiled behind proprietary processes. “Ethereum already has the ethos with openness, collaboration and trust minimization,” Connor wrote. Resistance From Big Tech Is Expected Although Ethereum has promise, Connor conceded that big AI players will not adopt open-source models willingly. “They profit from secrets and control,” he claimed. However, greater demand for fairness, transparency, and ownership of data may cause a tide shift in favor of decentralized sites like Ethereum. Building for the Future of AI Connor emphasized proactive growth: tooling, research, and actual-world implementation that makes Ethereum interesting for AI developers. Adopting Ethereum could go well beyond finance if it is successful, into the broader tech ecosystem. Connor left the Ethereum community in January to focus on AI projects due to concerns over the leadership vision of the network. Agentic AI Is Already Emerging on Ethereum The Ethereum blog recently caught on to its growing relevance to agentic AI—a new class of independent software agents that can learn, choose, and communicate with blockchains. Projects like Luna, a wallet-holding virtual influencer that resides onchain; AIXBT, a crypto market analytics AI; and Botto, a decentralized artist that employs AI and community suggestion, are already demonstrating real-world use cases. Other businesses, such as Bankr and HeyAnon, are bringing blockchain to humans via chat interfaces, in which users can conduct transactions and manage wallets by natural language. As blockchain meets AI, Ethereum could find itself at the edge of a new technology horizon—one defined by decentralization, rather than centralization, but by transparency, collaboration, and self-governance.
Bitdeer Technologies Group plans to take advantage of a 90-day suspension of U.S. tariffs to ship mining rigs from Southeast Asia to the United States. According to Bloomberg, Bitdeer, a Bitcoin ( BTC ) mining company listed on Nasdaq and founded by crypto mogul Jihan Wu, is experiencing a decline in profitability and a slump in demand for Bitcoin mining hardware. As a result, the Singapore-based company is pivoting to self-mining rather than selling its machines to other operators. It will also begin U.S.-based manufacturing as a result of Trump’s tariff policies . “Our plan going forward is to prioritize our own self-mining,” said Jeff LaBerge, Bitdeer’s head of capital markets and strategic initiatives. The shift comes as Bitcoin’s hash price—a measure of mining profitability— remains near historic lows, following last year’s halving event that reduced block rewards. Meanwhile, U.S. tariffs under President Trump’s trade policy are causing supply chain disruptions for rigs built largely in Asia. You might also like: Mantra’s token crash exposes liquidity risks, market manipulation U.S.- based manufacturing Bitdeer also intends to begin U.S.-based manufacturing in the second half of 2025, aiming to reduce its dependence on overseas production and bring jobs to the U.S. While chips from Taiwan’s TSMC are currently exempt from tariffs, the company is preparing for possible cost increases. Some customers have delayed orders for rigs, prompting Bitdeer to reroute inventory to its own facilities in Bhutan and Norway. The company currently operates about 900 megawatts of mining capacity globally and aims to scale to 2.6 gigawatts by 2026. It’s also expanding into new markets including Canada and Ethiopia and repurposing its data centers in Texas and Ohio to support artificial intelligence and high-performance computing. You might also like: Amazon outage ‘textbook example’ of centralized systems risks, experts say
Mantra, a popular real-world asset tokenization coin that collapsed by over 90% in 24 hours, bounced back after a statement by the founder and as investors bought the dip. Mantra ( OM ) price soared by over 50% on Tuesday, making it the best-performing top 100 coin by percentage point gains. It rose to an intraday high of $0.82 in a high-volume environment. Still, the coin remains significantly lower than its all-time high of $9.10. It would need to jump by over 1,000% from the current level to retest its record high. In a statement, JP Mullin, who we interviewed last week, insisted that the OM price crash was not a rug pull as some analysts have estimated. Instead, he insisted that the plunge was because of a forced liquidation of large holders in an unnamed crypto exchange. 1) A quick note to say how much I appreciate all the support the MANTRA team has received in the past 36+ hours. The support and kind words have come from many sources – from partners, investors, friends, and from the wider Web3 community. Thank you. — JP Mullin (🕉, 🏘️) (@jp_mullin888) April 15, 2025 Mantra will publish a post-mortem of the recent crash and announce initiatives to build trust and support its price. Two of these events will include a token buyback and a burn mechanism, demonstrating the team’s commitment to the project. You might also like: Mantra price plummets: What happened to the real-world asset token? A token buyback is when a project uses funds in its treasury to buy coins on the open market. On the other hand, a token burn refers to coins being removed from circulation by being moved to an inaccessible wallet. In theory, these initiatives help to boost a token’s value by reducing those in circulation, which often boosts the staking yield. StakingRewards data shows that Mantra has a staking yield of 5.4%, higher than top coins like Hedera ( HBAR ) and Tron ( TRX ). Mantra price surge could be a bull trap OM price chart | Source: crypto.news The OM price rebound is likely because some investors see value in the coin after a significant crash. However, there is a risk that this rebound is part of a dead cat bounce or a bull trap. A dead cat bounce occurs when a falling asset briefly rebounds as retail investors buy the dip. In most cases, this rebound is temporary, and the asset often resumes its downtrend. Buying a falling knife is a concept known as timing the market. Popular cryptocurrencies have had similar dead cat bounces during their downfall. Some of these tokens include Terra Luna, Celsius, and FTX Token. Therefore, while the Mantra price surge might continue for a while, crypto analysts recommend patience and sound risk management strategies. You might also like: Mantra DAO moves $26.96m in OM to Binance amid insider selling concerns