Here's a look at what President Trump has done for the crypto industry in his whirlwind early months back in the White House.
The crypto sector is witnessing a remarkable shift as the probability of SEC approval for a spot Cardano (ADA) Exchange-Traded Fund (ETF) by the end of 2025 has escalated dramatically to 70%, according to leading prediction platform Polymarket. This significant increase from merely 20% earlier this year reflects growing institutional confidence in Cardano’s ecosystem and future potential. On April 27, crypto analyst Nala shared a Polymarket screenshot highlighting Grayscale ‘s strategic repositioning towards Cardano. “Grayscale is accumulating more Cardano. The chances of an ADA ETF have jumped from 20% to 70%. Is the ADA ETF closer than we think?” She wrote. Grayscale’s Digital Large Cap Fund (GDLC) has significantly expanded its ADA holdings to over $11 million, representing a calculated re-entry after previously reducing its exposure to the asset. This institutional accumulation, combined with notable whale activity, where major holders acquired over 180 million ADA tokens in March, indicates strong institutional conviction in Cardano’s long-term viability. That said, Cardano , distinguished by its academically driven research-based development approach and robust Web 3.0 infrastructure, continues to make significant advances in decentralized finance. A primary catalyst behind the ETF speculation is Cardano’s groundbreaking integration with BitcoinOS, a specialized Bitcoin smart contract platform that enables seamless Bitcoin DeFi operations without the need for traditional bridging mechanisms. Notably, this technical collaboration unlocks access to Bitcoin’s $1.3 trillion liquidity pool for Cardano’s ecosystem through advanced zero-knowledge cryptographic protocols, ensuring secure transactions without the need for intermediaries. This innovation will position Cardano as a frontrunner in cross-chain functionality, further cementing institutional interest in the platform. Meanwhile, ADA’s price trajectory has become a focal point of speculation, with several analysts projecting potential valuations around $3, representing a substantial appreciation from its current price of around $0.7054 According to analyst LucksideCrypto, ADA could be on the verge of a major price movement within the next 4–6 weeks, with potential gains of 20– 100% against Bitcoin. “These next four to six weeks could be very beneficial for ADA compared to the broader crypto market,” LucksideCrypto said on Monday, noting that several key market signals “ haven’t appeared in a very long time .” Central to the analyst’s thesis is the current state of Bitcoin dominance, which has been “straight up and to the right for a very long period” but now appears “very toppy” and potentially ready for a breakdown. The stochastic RSI indicator on the weekly chart displays similar patterns to those of previous periods, where Bitcoin dominance dropped from around 61% to 54%, potentially signaling a major shift into altcoins. The pundit specifically noted that ADA/BTC is currently “heavily oversold” on the weekly timeframe and is creating a bullish flip. According to him, this particular pattern has occurred approximately four times during the current bull market cycle, with each instance preceding ADA gains of 20-100% against Bitcoin within a 4–6-week timeframe.
Nexo plans to resume services in the U.S. after regulatory challenges. Continue Reading: Nexo Returns to the U.S., Promising Full Product Suite for Cryptocurrency Enthusiasts The post Nexo Returns to the U.S., Promising Full Product Suite for Cryptocurrency Enthusiasts appeared first on COINTURK NEWS .
The battle’s heating up and the next move could be explosive for SUI.
Ethereum (ETH) may still lead the smart contract space, but recent market dips and stalled momentum have left some investors exploring other options. While activity cools on Ethereum (ETH), RCO Finance is gaining momentum, backed by a fresh $7.5 million from a top venture capital firm. Now entering its next development stage, RCO Finance is preparing to launch new features that could redefine how traders engage with the platform. This upcoming wave of features could give new investors a compelling reason to take notice. Why Ethereum’s Price Action Could Cause Uncertainty Over the last month, ETH dropped by 13.83% , falling to around $1,783. With the current price below its realized value of $2,002, many holders could be facing unrealized losses. This pattern often signals a period of sideways trading or further price drops, especially when Ethereum struggles to break through key resistance levels like $2,000. Some experts suggest that Ethereum (ETH) might be entering a consolidation phase similar to its 2022 market structure, marked by slow momentum and cautious accumulation. Although there has been some increase in long-term wallet inflows and a small bounce from the lows, the recovery has been slow. Most traders are buying the dips rather than showing strong bullish sentiment, which creates uncertainty in the market. While the market adjusts to Ethereum’s recent performance, RCO Finance is strengthening the market with innovative features, offering new opportunities that stand out in an unstable crypto market. What to Expect from RCO Finance’s New Features RCO Finance’s token presale has raised over $14.7 million so far, and this new capital injection signals strong institutional interest in the project. As more people join, RCOF’s price potential is expected to increase, and the project is already introducing new features that aim to reinforce its long-term stability and market position. The beta platform , for instance, lets traders access AI-driven strategies with its Robo Advisor. This tool helps maximize profits and reduce risks by offering personalized investment insights. RCO Finance also supports over 120,000 assets, covering both crypto and traditional markets. More updates are coming soon, like the AI-powered simulated trading feature, which will launch in Q2 2025. This feature will allow users to compare manual trades against AI strategies in a risk-free environment. Additionally, the Demo Trading Leaderboard will launch in Q2 2025, providing accurate updates on the top 50 traders. Other features are also being expanded. Calendar-based profit/loss tracking will be available by May 13, 2025, allowing users to track their performance over different periods. Crypto-funded demo trading, launching May 24, 2025, will allow users to start trading instantly with real crypto. CRM integration, launching May 7, 2025, will personalize user experiences and improve engagement. The RCOF project is working to offer more tools for traders, and with even more exciting updates to come, we may not have seen the best of RCOF just yet. Key Features That Make RCO Finance Stand Out The RCO Finance token has experienced impressive growth since the start of its presale, increasing from $0.01 to $0.13 per token. A massive 1,200% rise, and with the price expected to reach $0.15 in the next stage, early investors are anticipating potential gains of over 3,000% after the token is listed. The RCO Finance platform offers a set of core features designed to appeal to a wide range of investors and users, and one standout feature is the non-KYC model. This means that users who worry about privacy can get started without undergoing the usual identity verification process Another key feature is the AI-powered Robo Advisor. The Robo Advisor leverages advanced algorithms to spot profitable market opportunities. It is designed to help users make smarter investment decisions by analyzing market trends in real time, and can benefit both new and experienced investors. RCOF also prides itself on having undergone a thorough audit by SolidProof , a well-known name in the crypto security space. This audit ensures that the platform’s smart contracts are safe and secure, which should give users peace of mind when interacting with the platform. The project also offers staking and leverage features. Users can stake their tokens and earn passive income without needing to actively trade. The platform also provides leverage, which could enable users to amplify their investments and take advantage of greater market movements. Don’t Miss Out on RCO Finance’s Next Big Step RCO Finance is moving forward with new features that aim to change the way traders interact with the platform. With fresh backing from a top venture capital firm, the project could be set to scale to another stage. As Ethereum faces market changes, RCO Finance is stepping in with tools and updates that could provide real value to investors. Join RCO Finance today. Now could be the right time to explore the project and see how its upcoming features unfold. For more information about the RCO Finance Presale: Visit RCO Finance Presale Join The RCO Finance Community The post While Ethereum Faces Market Uncertainty, RCO Finance Launches Its Most Powerful Features Yet appeared first on TheCoinrise.com .
Bettors on prediction platforms Polymarket and Kalshi are flipping bearish on the US economy. As of April 29, both platforms are predicting that the US will log an economic contraction during the first quarter of 2025 in an upcoming economic data release. The US has logged positive growth figures every quarter since 2022, and a reversal in that trend could mark the start of a recession. The pessimistic outlook marks a stark sentiment shift for prediction markets, which had recently anticipated a positive US growth report. On April 29, consensus Q1 US growth estimates on Kalshi, a US derivatives exchange, plunged from around 0.5% to -0.4% in less than 24 hours. Meanwhile, Polymarket bettors are setting the odds of a US economic contraction in Q1 at around 70%. On April 28, they still had a mostly favorable outlook. The shift comes one day after Canada, America’s second-largest trading partner, elected Liberal Mark Carney as prime minister. Carney has vowed to take a more hawkish stance in Canada’s ongoing trade war with the US. Bettors on Kalshi now expect a negative US GDP print. Source: Kalshi Related: Analysts brace for Bitcoin slide on gloomy US manufacturing data The markets are pegged to the outcome of an April 30 report by the US Bureau of Economic Analysis, which issues official measures of America’s gross domestic product (GDP). The report will provide the clearest view yet into the impact of US President Donald Trump’s controversial trade policies. Prediction markets work by letting users trade contracts tied to specific events, with prices fluctuating dynamically based on expected outcomes. In 2024, event contracts proved to be as reliable as traditional polling, forecasting not only Trump’s election win but also his party’s sweep of the US House and Senate. Polymarket’s US GDP growth wagers. Source: Polymarket Tariff turmoil On April 2, Trump announced plans to place sweeping tariffs on US imports. The president has since paused the rollout of tariffs on certain countries, but the prospect of a global trade war still looms. The macroeconomic uncertainty has already weighed on US economic data. In April, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in activity since 2020 . Analysts said factories are bracing for the impact of Trump’s tariff plans, which could potentially raise production costs for manufacturers. Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
TRUMP: CHINA WANTS TO MAKE A DEAL, AND WE WANT TO MAKE A DEAL TOO (ON TARIFFS)
TRUMP: PLANS TO NEGOTIATE FAIR TRADE TARIFFS WITH CHINA
Tether announced that it holds $770 million in physical gold bullion, backing up its Tether Gold stablecoin (XAUT). Tether owns several stablecoins, including USDT. XAUT, Tether’s gold stablecoin, was released in 2020 and is pegged to one ounce of physical gold. When traders buy XAUT, their tokens are backed by gold bullion stored in Swiss vaults. The gold price, meanwhile, has hit record highs of $3.5k in recent weeks. Tether announced on its website that its gold token, XAUT, which is backed one-to-one with gold in Switzerland, is showing significant growth. As of April 28, the token had a gold backing of 7.7 tons, a price of $3,100, and a market capitalization of $770 million. The increase in value, according to Tether, is a result of global economic tensions and a tradition of using gold as a reliable store of value. There are many gold tokens on the market, but XAUT has met various standards of compliance and transparency. The rise in interest in gold has been a global phenomenon, with a particular interest from BRICS nations in acquiring the precious metal. Tether concluded its announcement by saying that it aims to provide access to its gold token while continuing to educate the public about Bitcoin. XAUT is the highest market cap stablecoin of gold, with each token representing one ounce of London bullion. The tokens are backed one-to-one with physical gold in Swiss vaults, which are stored to high standards of compliance. The Swiss standards include regular audits and certificates of issues so that the one-to-one relationship between Tether’s token and the gold vaults is transparent and accurate. The measurement of gold, one ounce from the London Bullion Market Association (LBMA), is a certified standard often used as a reliable and valid measure of gold value. Tether believes that the surge in gold trading is a result of traders seeking assets that are inflation-resistant. Many traders have noticed something strange happening with gold. Time will tell what happens with the markets and whether gold proves to be a safe haven from international conflicts and economic crises. BRICS nations have been accumulating gold at a rapid rate. Bitcoin has been compared to a digital form of gold, due to its inflation-resistant properties. According to the World Gold Council, central banks bought 1044.6 metric tons of gold in 2024. Tether made the latest announcement because it wishes to promote the XAUT gold token as a reliable digital form of gold. This announcement comes as investors are taking a serious look at gold, gold stocks, and gold royalty companies. The latter is a preferred method for many investors to make money from the increase in gold’s price. The availability of one-to-one tethered gold reserves may be an attractive option for traders who wish to get in on the gold rush before missing out on the potential rise. Tether CEO Paolo Ardoino said the company aimed to provide customers with the security of gold through its stablecoin product.
The post TON Price Analysis Today: Key Short-Term Targets for April 2025 appeared first on Coinpedia Fintech News The significant cash inflows to the TON network from institutional investors will bolster bullish sentiment. The TON/USD pair has not yet broken out of crucial resistance levels to kickstart a fresh bull rally. The Open Network (TON) has emerged as a top contender in the highly anticipated 2025 crypto altseason. Toncoin (TON), a large-cap altcoin with a fully diluted valuation of about $16 billion and a 24-hour average trading volume of around $114 million, has experienced low bearish sentiment in the recent past, signaling a potential momentum shift. The vast integration of the TON ecosystem with the Telegram messaging platform has helped attract new customers. Furthermore, TON price has depicted extremely small price correlation with Bitcoin (BTC) price action, thus acting as a reliable alternative altcoin. Most importantly, only 20 percent of TON coin holders are currently in profit signaling a high chance of bullish sentiment ahead. Midterm Expectations for TON YTD, TON price has been trapped in a falling logarithmic trend, but the bottom has likely happened. In the daily timeframe, TON price has been forming a potential reversal pattern, characterized by double bottom coupled by a rising divergence of the Relative Strength Index (RSI). Additionally, the daily MACD indicator has signaled bullish sentiment, especially after crossing above the zero line again. In case of further bullish sentiment, TON price is well positioned to rally towards the next liquidity range between $4.6 and $7.2. However, TON price must consistently close above the daily logarithmic trend to invalidate further market correction. Fundamental Outlook The Open Network has grown to a robust blockchain ecosystem with more than 400 node validators who have over 700k staked assets. As of this writing the TON network had a total value locked of about $138 million and a stablecoins market cap of about $1 billion. The TON network is expected to grow exponentially in the coming months, backed by top-tier web3 venture capitals and global liquidity expansion.