The crypto market faced a substantial downturn this past Sunday, leading to Bitcoin’s price falling below $80,000, amidst growing global economic uncertainties. This recent decline highlights the pressure on cryptocurrencies,
The payment solution developed by the leading crypto exchange Binance has made the stablecoin USDC the default currency for its new users. In a post on social media platform X, USDC issuer Circle says that its US-dollar pegged stablecoin is now the preset token on Binance Pay, which also supports over 100 other crypto assets. “USDC is now the default currency for new Binance Pay users! With Binance Pay, users can send and receive USDC to friends and family instantly with zero gas fees, and businesses can accept USDC payments seamlessly.” Circle CEO Jeremy Allaire commends Binance’s decision. He says the development will allow millions of users to more readily access USDC on the exchange’s crypto payment platform. “A big move by Binance, who has quietly built one of the largest financial super apps in the world with over 250 million users, and has now made USDC the default currency for Binance Pay, their P2P (peer to peer) and merchant payment solution with over 40 million monthly active users (MAUs).” USDC is currently the second-largest stablecoin by market cap, with a valuation of over $60.518 billion. Tether ( USDT ) is still the leading stablecoin by a large margin, with a market cap of $144.03 billion. The news comes following reports that Circle is preparing for an initial public offering (IPO) launch this month. In March, Fortune reported that Circle was teaming up with JPMorgan Chase and Citi to publicly list the stablecoin issuer’s shares late this month. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Stablecoin Issuer Circle Says USDC Now Default Currency for New Binance Pay Users appeared first on The Daily Hodl .
Bitcoin faces its most challenging quarter in a decade with significant market decline. Historical data suggests potential for recovery despite current uncertainties. Continue Reading: Bitcoin Faces Toughest Quarter Yet as Uncertainty Grows The post Bitcoin Faces Toughest Quarter Yet as Uncertainty Grows appeared first on COINTURK NEWS .
In a market filled with inflated prices, savvy investors are zeroing in on high-potential altcoins still trading under $1. While Ripple (XRP) and Bitcoin (BTC) have long dominated attention, it’s MAGACOINFINANCE that’s turning heads in 2025 with an explosive pre-launch setup and one of the best risk-reward profiles in the space. Bitcoin (BTC), Ethereum (ETH), and XRP Provide Stability—but MAGACOINFINANCE Brings the Ascent Bitcoin (BTC) and Ethereum (ETH) offer foundational strength, but their potential for rapid growth is limited at current valuations. XRP, sitting at $0.75, is rebuilding bullish sentiment. But for those hunting explosive upside, MAGACOINFINANCE is where the action is truly happening. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – $5.3 MILLION RAISED AND COUNTING Unprecedented Growth Potential MAGACOINFINANCE has raised over $5.3 million during its limited-supply pre-sale. With only 100 billion tokens, and the price still far below a cent, it stands out as a top under-$1 coin poised for real movement. Get a 50% BONUS with MAGA50X – ROI Jumps to 3,782% At $0.0002704, with a listing confirmed at $0.007, MAGACOINFINANCE offers a 2,488% ROI, or 25.88x. Use MAGA50X and buy at $0.0001803, unlocking a 3,782% ROI, or 37.82x. A $500 position at that rate could return $189,100—and that’s still under the $1 mark. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X TON, ETH, SUI, and BCH: Strong Projects, But MAGACOINFINANCE Offers the Edge Toncoin (TON) sits at $5.49, gaining traction via Telegram integrations.Ethereum (ETH) remains dominant at $3,218, but with less room to multiply.Sui (SUI) trades at $1.24, gaining attention in the Web3 space.Bitcoin Cash (BCH) holds at $295.10, offering fast peer-to-peer usage. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 5 Big Predictions for 2025: XRP, Bitcoin (BTC), and Ethereum Could Lead
As Cardano (ADA) trends with divisive predictions, brace for big moves in the crypto market One analyst, Alex Becker, has predicted that ADA can rally to $5 based on its technical positioning and the fact that Cardano has also been receiving institutional adoption under recent policies in the U.S. Others are even bolder, pointing to an $8 peak before a plunge below $1 in 2025, deepening puzzles about its sustainability. In the meantime, Mutuum Finance (MUTM) has also shaken things up after its presale has now eclipsed $6.3 million and 7,900 holders fighting for a spot before an anticipated 25,730% post-launch rally. Cardano’s Precarious Ascent Cardano is down 40% in the past month, trading at $0.62 as global markets contending with geopolitical tensions send cryptocurrencies lower. To reach $8 requires a 1,190% surge — an unprecedented ascent. Such upgrades and partnerships stoke the optimism, but skeptics point to ADA’s April 2021 peak of $3.09 and ask if it can actually triple from all-time highs. Becker has bigger institutional inflows to look forward to from Trump-era hoarding mandates, but the regulatory winds blow erratically. If ADA does manage to defy the odds, however, profit taking could lead to a rapid correction, reminiscent of previous altcoin season cycles where gains disappear within months. Mutuum Finance Keeps Up Momentum In Presale Amidst the volatility of Cardano leading to caution, Mutuum Finance (MUTM) presents itself as a strategic alternative. Its presale is now in Phase 4, during which tokens are priced at $0.025 — 20% lower than Phase 5, when tokens will cost $0.03. For early buyers locking in today, that translates to a 140% windfall by launch, with an MUTM exchange debut of $0.06. In addition to listing, analysts predict an increase to $3.50 within 2025, representing a 13,900% ROI for Phase 4 investors. Meanwhile, the decentralized lending model has natural buy pressure, where professional loan investors use income to buy back MUTM strategically, both returning the tokens to stakers and limiting sell pressure on MUTM. Together with mtTokens, interest-bearing assets representing deposits as eth or dai, this mechanism builds a self-sustaining ecosystem. The $100,000 presale giveaway alongside an excellent audit progress has already convinced over 7,900 holders to get in place. A security review is nearly completed by Certik and results will be posted on Mutuum’s social channels. Exponential Growth When Done at the Right Time The crash of the speculated Cardano highlights the dangers of hype-driven assets. In comparison, Mutuum Finance focuses on utility by introducing decentralized lending which stabilizes returns through overcollateralized loans and dynamic interest rates. Phase 4’s tokens at $0.025 each is currently the lowest price at this stage available, similar to Phase 1 where it sold out quickly when opened! Each successive stage heightens FOMO, with latecomers paying higher prices for less potential upside. With $6.3 million already raised and Certik’s endorsement incoming, MUTM is no longer speculative. And its tokenomics — underpinned by buybacks, staking rewards, and real-world DeFi use cases suggest a longevity that is rare in volatile markets. Ready for turbulence with Cardano, sharp investors are taking advantage of Mutuum’s presale window, where a $500 investment today would garner $69,500 at $3.50. The clock is ticking. MUTM’s Phase 4 price of $0.025 will vanish when Phase 5 begins, taking the final chance at a triple-digit pre-launch theta with it. With ADA whipsawing between a boom and a bust, investors are moving to diversify their portfolios with a more structured growth experience with MUTM — and that could be game-changing as we head towards what’s sure to be a crazy cycle for the markets in 2025. Act Before Phase 4 Concludes Mutuum Finance’s presale is about to close Phase 4 with the next stage with a 20% price increase. For the price to reach $3.50, it requires adoption accelerating—something also predicted as a result of Certik’s audit and the platform’s upcoming lending launch. But for those who care to skip ADA’s unknowns, there is a unique alignment of safety, utility and stratospheric gains, with MUTM. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
The world’s largest cryptocurrency, Bitcoin (BTC), has experienced a sharp decline, falling from $83,000 to below $80,000, down nearly 3% in just a few hours. At the time of writing, BTC is trading at $79,600, down 3.93% on the day. Chart showing the decline in BTC price in the last 24 hours. The sudden drop comes amid a broader risk-off sentiment and ongoing liquidity shifts in global markets ahead of Wall Street’s opening bell, after BTC showed resilience when markets across the board were slumping following the U.S. tariff announcement last week. Over $390 million worth of crypto positions were liquidated in the past 24 hours, including $325 million in long positions, according to CoinGlass data. Bitcoin accounted for $121.4 million of those liquidations, followed closely by Ethereum (ETH) with $108.6 million. Related News: Massive Whale Dumped Binance-Listed Altcoin: Price Plunges South Korea’s leading exchange Upbit is currently listing Bitcoin at a 1.83% premium, while the overall crypto market cap has fallen to $2.59 trillion. Ethereum has been particularly hard hit, falling to its lowest level since October 2023. ETH is currently down 65% from its all-time high, further weighing on investor sentiment. “After a delayed reaction on Friday, cryptocurrencies are finally starting to crack,” said economist and longtime crypto skeptic Peter Schiff. “Bitcoin just hit a weekly low of $81,000. It could be a long day for those stuck in Bitcoin ETFs.” Other major altcoins also took a hit, with Solana (SOL) seeing $19.5 million in liquidations, XRP $8.6 million, and Dogecoin (DOGE) $7.8 million. *This is not investment advice. Continue Reading: HOT MOMENTS: Bitcoin Price Drops Below $80,000, Huge Liquidation Wave – Here’s The Reason For The Drop and Peter Schiff’s Comments
Bitcoin’s Unexpected Resilience Amid Stock Market Turbulence As global markets react to escalating trade tensions, Bitcoin (BTC) has demonstrated considerable resilience against downside pressures, instigating a brewing optimism among traders
Bitcoin ( BTC ) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView CNBC’s Cramer: 1987 crash not “off the table yet” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $80,000 on the day, down 3% since the start of the week. The days in between had seen several bouts of flash volatility as US trade tariffs and recession concerns stoked major losses across risk assets. US stocks in particular recorded significant losses , with both the S&P 500 and Nasdaq Composite Index finishing the April 4 trading session down nearly 6%. “Trump's tariff announcement this week has wiped out $8.2 TRILLION in stock market value — more than was lost during the worst week of the 2008 financial crisis,” author and financial commentator Holger Zchaepitz summarized in a response on X. Bloomberg World Exchange Market Capitalization chart. Source: Holger Zschaepitz/X The poor close caused some to wonder how the coming week would open, with comparisons to the “Black Monday” 1987 crash surfacing across social media. “It's tough to build a new, weaker, world order on the fly,” Jim Cramer, host of CNBC’s “Mad Money” segment, argued on X over the weekend. “Frantically trying to do it but don't see anything yet that takes the October 87 scenario off the table yet. Those who bottom-fished are sleeping with the fishes ...so far.” S&P 500 1-day chart. Source: Cointelegraph/TradingView Cramer had previously warned over a 1987 scenario playing out live on air, but subsequently reasoned that control mechanisms in the form of market circuit breakers “could slow things down.” Bitcoin circles also saw some daring predictions of how markets would behave in the short term. Max Keiser, the popular yet controversial Bitcoin supporter, even called for BTC/USD hitting a giant $220,000 before the end of the month. “A 1987 style mega crash will push Bitcoin to $220,000 this month as trillions in wealth seek the ultimate safe haven: Bitcoin,” he wrote in part of an X response to Cramer. Bitcoin resists copycat BTC price dive Among traders, the diverging sentiment over Bitcoin and stocks was increasingly apparent . Related: Bitcoin crash risk to $70K in 10 days increasing — Analyst says it’s BTC’s ‘practical bottom’ After withstanding the worst of the tariff shock last week, many argued that the coming days could even result in pronounced BTC price upside. $BTC - #Bitcoin : Ofcourse we can go lower first. However I think we will see the last push of this cycle soon. pic.twitter.com/dp6otpgE16 — Crypto Caesar (@CryptoCaesarTA) April 5, 2025 Bitcoin is gearing up for a breakout next week — the $150K run might just be starting! $BTC #Bitcoin pic.twitter.com/jNWNoiHnwo — @CryptoELlTES (@CryptooELITES) April 5, 2025 “$BTC Volatility going lower and lower while the $VIX (Volatility Index) on Stocks has closed at the highest level since the Covid Crash in 2020,” popular trader Daan Crypto Trades acknowledged in his latest analysis. “This is pretty unheard off and due to this compression I'm pretty confident a large move for crypto is going to occur next week as well. Whether it's up or down comes down to whether stocks can find a bottom early in the week or not I'm assuming.” BTC/USD vs. VIX volatility index chart. Source: Daan Crypto Trades/X Fellow trader Cas Abbe suggested that recent $76,000 lows on BTC/USD may end up as a classic fake breakdown. “This looks no different than the post-ETF dump and August 2024 crash,” he told X followers. “I'm waiting for a weekly reclaim of $92,000 to confirm the uptrend.” BTC/USDT 1-week chart. Source: Cas Abbe/X 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.
BTC Drops Below $80,000 Once Again 💰Coin: BTC ( $BTC ) $80,046.20
Pi Network price has left investors puzzling over a steady decline that saw Pi Coin nearly sink to $0. 3. To prevent a repeat of the steep drop, the pseudonymous Satoshi Nakamoto is making a case for a decentralized market stabilization mechanism for the Pi Network. A Community-Driven Liquidity Pool For The Pi Network The pseudonymous Satoshi Nakamoto theorized on X that a community-driven liquidity pool (CDLP) will provide a range of benefits for Pi Network. According to his post, CDLP will operate as a decentralized market stabilization mechanism focused on Pi Coin price performance. The plan, leaning on the Dollar-Cost Averaging (DCA) buying strategy, will require participants to commit to purchasing a fixed amount of Pi monthly. Each user participating in the CDLP will have full control of the Pi coins in their wallets without the need for any intermediaries. Per Nakamoto, users purchasing Pi coins each month will form a “massive” CDLP capable of preventing steep price drops. The CDLP achieves this by increasing Pi liquidity, reducing circulating supply while demand continues to increase. “This pool increases market depth, cushions sharp price drops, and promotes a more stable price structure,” said Nakamoto. Nakamoto says the CDLP is not a short-term strategy to prop up Pi Network as it advocates for long-term holding. In the short term, Dr Altcoin wants Pi Network to burn tokens as a near-term solution to falling prices. The Entire Ecosystem To Benefit From CDLP Apart from stabilizing the Pi Network price, the CDLP will have an impact on the broader ecosystem. First, Nakamoto says developers building projects will have a stable environment without the hassle of sharp price drops. The Pi Network has previously come under fire after PiDAOSwap launched NFTs on BSC over lengthy KYB delays Furthermore, a stable price will be an incentive for businesses to accept Pi as a payment mechanism. Nakamoto says Pi holders will be rewarded by future decentralized applications (DApps) building on the network. “This doesn’t just stabilize the price – it transforms Pi’s visibility, strengthens the community, and attracts more developers and real-world use cases,” said Nakamoto. Nakamoto says the CDLP is viable and sustainable as it does not require whales to support the price. Nakamoto claims that a $10 monthly commitment to buy Pi will result in a “steady $100 million inflow” into PI that is user-controlled without third-party risks. Centralized exchanges like Binance sidelining Pi in listing processes have affected community sentiments, triggering a bearish sentiment for Pi. The post Expert Reveals Decentralized Strategy To Stabilize Pi Network Price appeared first on CoinGape .