Despite market uncertainty as memecoin's struggle, Shiba Inu long-term holders remain optimistic.
Credit spreads are widening and have reached their highest levels since August 2024 — a period that coincided with bitcoin (BTC) dropping 33% during the yen carry trade unwind. One way to track this is through the ratio of the iShares 3–7 Year Treasury Bond ETF (IEI) to the iShares iBoxx $ High Yield Corporate Bond ETF (HYG). This IEI/HYG ratio, highlighted by analyst Caleb Franzen , serves as a proxy for credit spreads and is now showing its sharpest spike since the Silicon Valley Bank crisis in March 2023 — a moment that marked a local bottom in bitcoin just below $20,000. Historically, bitcoin and other risk assets tend to fall during sharp credit spread expansions. The key question now is whether this surge has peaked or if more downside lies ahead. If spreads continue to rise, it could reflect mounting stress in financial markets — and spell further trouble for risk-on positioning. A credit spread represents the yield difference between safe government bonds and riskier corporate bonds. When spreads widen, it signals growing risk aversion and tightening financial conditions. However, Friday's market action seems to indicate that bitcoin is starting to decouple from the traditional markets, outperforming equities. One analyst event called it the new "U.S. isolation hedge," indicating that BTC might be starting to act more like a safe haven or digital gold for TradFi investors. Read more: Crypto Outperforms Nasdaq as BTC Becomes 'U.S. Isolation Hedge' Amid $5T Equities Carnage
The White House's new investment policy could reshape Bitcoin's role in the market. Investors are encouraged to remain vigilant amid changing financial dynamics. Continue Reading: White House Policies Impact Bitcoin and Nasdaq: A New Investment Era The post White House Policies Impact Bitcoin and Nasdaq: A New Investment Era appeared first on COINTURK NEWS .
Regulators in Malta have fined crypto exchange OKX’s European arm, Okcoin Europe, $1.2 million after discovering several anti-money laundering (AML) violations from 2023. While OKX has improved its AML policies, Malta’s Financial Intelligence Unit (FIAU) could not dismiss its compliance violation from 2023. MiCA Licensed Exchange Fined for Past Compliance Issues OKX has come under regulatory fire in Europe after Maltese authorities slapped the exchange with a fine over AML failures that took place in 2023. Malta’s Financial Intelligence Analysis Unit (FIAU) issued a $1.2 million fine to the exchange’s European arm, Okcoin Europe, after identifying multiple AML failures in 2023. OKX is among the first exchanges to be licensed under the EU’s newly enacted Markets in Crypto-Asset (MiCA) regulation. The exchange received its license through its Maltese-based arm in January 2025. In an April 3 announcement, the FIAU stated that while OKX significantly improved its AML policies in recent months, it “could not ignore” the past failures. Despite acknowledging OKX’s improvements, the FIAU explained that some of the transgressions were “serious and systematic.” Details of OKX’s AML Violations According to the FIAU, OKX drafted a business risk assessment (BRA) to identify vulnerabilities and threats in 2023 and found several issues. The regulator explained it identified numerous deficiencies in the BRA and CRA’s methodology, which rendered the exchange unable to access the money laundering risks it was vulnerable to sufficiently and to take the necessary measures to manage these risks. In its notification, the FIAU detailed: “Specifically, the Committee expressed greater concerns pertaining to the Company’s past failure to undertake an adequate assessment of the ML/FT risks emanating from its business and its customers, its inability to establish an adequate customer profile, in inadequately monitoring and scrutinising the activity of the majority of the files reviewed, and in failing to report to the FIAU suspicion of ML/FT in one of its customers. All such past administrative breaches could have potentially led to the unintentional facilitation of ML/FT.” Despite OKX’s vow to exclusively serve European customers, the FIAU noted money laundering risks associated with Okcoin Europe’s exposure to other jurisdictions, stating: “Despite the company’s strategy adopted to only service European-based customers, it was essential to also consider the potential [money laundering/financing terrorism exposure emanating from other jurisdictions, including from where the sources of the customers’ funding originated.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
XRP's recovery ended before beginning, which certainly creates problematic landscape for asset
Decentralized cryptocurrency exchanges (DEXs) continue to challenge the dominance of centralized platforms, even as a recent $6.2 million exploit on Hyperliquid highlights risks in DEX infrastructure. A cryptocurrency whale made at least $6.26 million profit on the Jelly my Jelly (JELLY) memecoin by exploiting the liquidation parameters on Hyperliquid, Cointelegraph reported on March 27. The exploit was the second major incident on the platform in March, noted CoinGecko co-founder Bobby Ong. “$JELLYJELLY was the more notable attack where we saw Binance and OKX listing perps, drawing accusations of coordinating an attack against Hyperliquid,” Ong said in an April 3 X post , adding: “It’s clear that CEXes are feeling threatened by DEXes, and are not going to see their market share erode without putting on a fight.” DEX growth reshapes derivatives market Hyperliquid is the eighth-largest perpetual futures exchange by volume across both centralized and decentralized exchanges. This puts it “ahead of some notable OGs such as HTX, Kraken and BitMEX,” Ong noted, citing an April 4 research report . Related: Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined Hyperliquid’s growing trading volume is starting to cut into the market share of other centralized exchanges. Top derivative exchanges by open interest. Source: CoinGecko Hyperliquid is the 12th-largest derivatives exchange, with an over $3 billion 24-hour open interest — though it still trails Binance’s $19.5 billion by a wide margin, CoinGecko data shows. According to Bitget Research analyst Ryan Lee, the incident may harm user confidence in emerging decentralized platforms, especially if actions taken post-exploit appear overly centralized. “Hyperliquid’s intervention — criticized as centralized despite its decentralized ethos — may make investors wary of similar platforms,” Lee said. Whale exploits Hyperliquid’s trading logic The unknown Hyperliquid whale managed to exploit Hyperliquid’s liquidation parameters by deploying millions of dollars worth of trading positions. The whale opened two long positions of $2.15 million and $1.9 million, and a $4.1 million short position that effectively offset the longs, according to a postmortem by blockchain analytics firm Arkham. Hyperliquid exploiter, transactions. Source: Arkham When the price of JELLY rose by 400%, the $4 million short position wasn’t immediately liquidated due to its size. Instead, it was absorbed into the Hyperliquidity Provider Vault (HLP), which is designed to liquidate large positions. Related: Polymarket faces scrutiny over $7M Ukraine mineral deal bet As of March 27, the unknown whale still held 10% of the memecoin’s total supply, worth nearly $2 million, despite Hyperliquid freezing and delisting the memecoin , citing “evidence of suspicious market activity” involving trading instruments. The Hyperliquid exploit occurred two weeks after a Wolf of Wall Street-inspired memecoin — launched by the Official Melania Meme (MELANIA) and Libra (LIBRA) token co-creator Hayden Davis — crashed over 99% after launching with an 80% insider supply. Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge
Two projects are stealing the spotlight as 2025 progresses: XRP, now trading at $2.10, and MAGACOINFINANCE, which has surged to $0.0002757 from early entry prices. For traders watching momentum, these two are commanding serious attention—and for good reason. At the same time, key tokens like ADA, ETH, LINK, and AVAX remain solid components of any crypto portfolio, delivering steady development, performance, and strong community backing. CLICK HERE TO JOIN THE BILLION DOLLAR PROJECT MAGACOINFINANCE – From Fractions of a Cent to Market Focus MAGACOINFINANCE launched with an entry point under a third of a cent and has already reached $$0.0002757, reflecting intense early interest and a well-structured offering. With over $5.3 million raised and limited allocation remaining, the project continues to gain momentum as it approaches listings on public exchanges. What’s unique about MAGACOINFINANCE is its no-shortcuts model: a 100 billion token cap, public-only distribution, and no early investor advantage. It’s a level playing field designed for retail traders who want access without restrictions. Wallet distribution continues expanding, and community engagement has grown across every platform. The jump in price has brought even more visibility, but many still believe it’s early—especially when factoring in the long-term roadmap and growing demand. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CO-DE MAGA50X GET 50% MORE TOKENS WITH MAGA50X The MAGA50X promo is still active, giving investors 50% more tokens on every order. As token allocation continues to tighten, this limited-time offer is helping new buyers get stronger positioning ahead of wider public access. ADA, ETH, LINK, and AVAX Continue Their Push Cardano (ADA) is priced at $0.62, staying focused on measured, research-first expansion. Ethereum (ETH) holds around $1,860.00, continuing its leadership in Layer-1 smart contract systems. Chainlink (LINK) trades at $13.82, fueling the data infrastructure behind smart contract reliability. Avalanche (AVAX) maintains a value near $41.18, offering flexible scaling through subnet customization. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH Conclusion The rise of XRP and MAGACOINFINANCE is reshaping how traders view early entries and timely positions. With MAGACOINFINANCE now trading at $$0.0002757, early supporters are already seeing significant returns—and new investors are watching closely. As ADA, ETH, LINK, and AVAX continue their strong development paths, it’s clear the spotlight has expanded to include one of the most talked-about new tokens of the year. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $100 Investment in XRP, Bitcoin (BTC), and Solana—Here’s What It Could Be Worth
A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months. The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Shows Unusual Strength Amid Crypto Slump While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced. According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit other popular coins such as Solana and Dogecoin. XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook. I agree 100%, this is just showing that the possibility being there is just telling us how XRP is in its own league even for just wave counts! — XForceGlobal (@XForceGlobal) April 2, 2025 Elliott Wave Analysis Points To Massive Gains The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next. Trillion-Dollar Valuation Projections Questioned By Critics Many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase. At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term. Source: CoinGlass CoinGlass: Trading Interest Grows Despite Market Uncertainty In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency. Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates that traders are opening positions in the asset irrespective of the direction of the market. I will be laughing at everyone who said $XRP can never hit $10-20. — XForceGlobal (@XForceGlobal) April 2, 2025 When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels. With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections. Featured image from Gemini Imagen, chart from TradingView
Stellar Lumens price has dropped in the past few months, mirroring the performance of most altcoins like Cardano and Avalanche. Stellar ( XLM ) was trading at the crucial support at $0.25 on Sunday, much lower than last year’s high of $0.6380. On-chain data shows that the Stellar ecosystem is doing relatively well. Nansen data shows that transactions have risen by 24% in the last seven days to 21.5 million. They have risen by almost 30% in the last 30 days to 70.5 million, making Stellar one of the most active chains in crypto. The number of active addresses in the Stellar ecosystem has also jumped in the past few days. They rose by 15% in the last seven days to 162,947. These numbers have also translated to a 105% increase in weekly transaction fees. You might also like: Bitcoin holds steady amid stock market crash, says Unchained analyst Further data by DeFi Llama shows that the amount of stablecoins in the Stellar ecosystem has soared to a record high. These stablecoins, which are mostly USD Coin, have soared to nearly $300 million. This is significant since Stellar had stablecoins worth $104 million in November last year. Stablecoin market cap on Stellar | Source: DeFi Llama Stellar price analysis XLM price chart | Source: crypto.news The daily chart shows that the XLM price has dropped sharply from its highest point in November last year. It has moved below the 61.8% Fibonacci Retracement level. Worse, the token will form a death cross pattern as the 50-day and 200-day moving averages approach their confluence. Such a crossover would potentially lead to a further downside. On the positive side, there are signs that the token is slowly forming a falling wedge pattern. This pattern consists of two descending and converging trend lines, and in most cases, it leads to a bullish breakout. A good example of this pattern in action happened with the Pi Network price , which rebounded on Saturday. There are signs that the XLM price is slowly forming a double-bottom pattern at $0.2282, whose neckline is at $0.30. A double bottom is another highly bullish chart pattern. Therefore, the Stellar price will likely bounce back if it remains above the double-bottom point at $0.2282 and avoids a death cross. More gains will be confirmed if it rises above the upper side of the wedge pattern. Read more: Pi Network price goes parabolic as wedge pattern activates
Tomorrow may become Bitcoin's 'Black Monday,' warns top crypto expert and former BitMex CEO