Why BONK Coin Price is Up Today?

The post Why BONK Coin Price is Up Today? appeared first on Coinpedia Fintech News Meme coins are on the rise, and Bonk (BONK) is one of the standout performers, fueled by Bitcoin’s strong performance after its recent surge. Despite sellers trying to push prices down, the market remains strong, and it looks like it could continue climbing. Solana Meme Coins Lead the Way Bonk (BONK), a meme coin on the Solana network , shot up this week, reaching $0.000020, its highest point since early February. The coin has more than doubled from this month’s low, rising over 127%. This surge came as traders flocked to meme coins again, especially those built on Solana. The rise of a newer Solana meme coin, Fartcoin, played a major role in Bonk’s price jump. Fartcoin skyrocketed more than 450%, which sparked excitement about other Solana meme coins. This momentum lifted other tokens like TRUMP, Dogwifhat, Pudgy Penguins, and Popcat, all rising by over 50% in a short time. Although Trump’s meme coin gained on news of a dinner with top holders , it dropped 18% the next day, but remains up this week. Bonk, being one of the more established meme coins, quickly followed the trend. Crypto Market Pushes BONK Memecoin Higher Bonk’s rise is also tied to the overall strength of the crypto market. Bitcoin recently broke past $95,000, Ethereum neared $2,000, and Solana reached $150. When major coins like these perform well, smaller ones like Bonk often follow. Investor confidence is returning, and this is driving prices higher across the board, including for Bonk. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : FLOKI Price Prediction 2025: Is 270% Surge Incoming? , BONK Price Analysis From a technical standpoint, Bonk looks promising. It recently broke through an important level at $0.00001510, which is a sign of strength. Analyst Jonathan Carter pointed out that Bonk has broken out of a wedge pattern, typically indicating that the price could go higher. #BONK Token is breaking out of the upper border of the broadening wedge pattern on daily timeframe This breakout signals strong bullish momentum after period of volatility and could drive price higher If we break above the ma 100, expect price to move towards targets at… pic.twitter.com/1T3yOqLR3r — Jonathan Carter (@JohncyCrypto) April 25, 2025 He believes that if Bonk stays above the 100-day moving average, the next targets could be $0.00001950, $0.0000250, and $0.0000370. The technical indicators show growing strength, suggesting Bonk could keep rising. Bonk’s price surge is a combination of factors: the rise of Solana-based meme coins, the overall strength of the crypto market, and positive political news. With strong technical indicators, Bonk could continue to climb shortly. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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BONK shows bullish technicals, but future gains depend on market strength and holding key support levels. How does Bitcoin’s price affect BONK? BONK often rises when Bitcoin surges, as overall crypto market strength boosts meme coin performance. How high will Bonk go in 2025? The Bonk memecoin price is expected to go as high as $0.0000244 in 2025.

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Solana Acquisition: Massive Potential as DeFi Development Corp. Plans $1B Offering

The cryptocurrency world is buzzing with news that could signal a significant shift for one of its leading blockchains. Reports indicate that DeFi Development Corp. (formerly known as Janover Inc.) is exploring a substantial financial maneuver that could directly impact the Solana ecosystem. This development, centered around a potential Solana acquisition , has captured the attention of investors and market observers alike, highlighting the increasing complexity and ambition within the decentralized finance (DeFi) and broader crypto space. What’s Behind the DeFi Development Corp. $1 Billion Plan? According to a report by Wu Blockchain on X, DeFi Development Corp. has taken a major step towards potentially funding significant corporate activities, including a possible Solana acquisition . On April 25, the company filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing indicates a plan to offer up to $1 billion in various securities. Additionally, the filing includes the registration of 1,244,471 shares for potential resale by selling shareholders. The stated purpose for the proceeds from this offering is broad, covering general corporate purposes. However, the filing specifically mentions that these funds could be used for the “acquisition of Solana (SOL)”. This particular detail is what has ignited widespread discussion and speculation across the crypto community. Understanding the SEC Filing and its Implications An SEC filing , particularly a Form S-3, is a standard regulatory step for companies looking to raise capital in public markets. A Form S-3 is typically used by companies that have been public for at least 12 months and meet certain filing requirements, allowing them to register securities quickly and efficiently. This type of filing provides flexibility, enabling the company to sell securities ‘off the shelf’ when market conditions are favorable, up to the registered amount. Here’s a breakdown of what the filing signifies: Registration of Securities: DDC is registering different types of securities (which could include stocks, bonds, warrants, etc.) to be sold to the public or institutional investors. Potential $1 Billion Raise: The filing allows DDC to raise up to this significant amount over time. It doesn’t mean they will raise the full amount immediately or even at all, but it provides the framework to do so. Share Resale: The registration of existing shares for resale allows certain shareholders (often insiders or early investors) to sell their holdings publicly under specific conditions. Transparency: Filing with the SEC makes the company’s intentions and financial status public, providing transparency to potential investors and the market. The mention of using proceeds for a Solana acquisition within an official SEC filing lends credibility to the possibility, moving it beyond mere rumor into a stated potential use of funds by the company itself. What Does a Potential Solana Acquisition Mean? The phrase “acquisition of Solana (SOL)” is open to interpretation, especially in the context of a decentralized network. It could mean several things: Acquiring Significant SOL Tokens: DDC could plan to use a portion of the raised funds to purchase a large amount of SOL tokens on the open market or through private deals. This would represent a major investment in the network’s native asset. Acquiring the Solana Foundation or Related Entities: It might refer to acquiring the non-profit foundation or specific companies heavily involved in the development or ecosystem of Solana. Acquiring Assets or Projects within the Solana Ecosystem: The funds could be targeted at buying up promising DeFi protocols, NFT platforms, or other projects built on Solana to integrate them into DDC’s operations. Given DDC’s name, focusing on “DeFi Development,” the latter interpretations, or a combination involving significant SOL holdings, seem plausible. A large-scale Solana acquisition , in any form, would be a landmark event in the crypto industry, potentially bringing new resources, strategies, and attention to the Solana network. How Could This Impact SOL Price? News of a potential large-scale investment or acquisition often has a significant impact on asset prices. For SOL price , the implications could be substantial, although market reactions are complex and depend on various factors. Increased Buying Pressure: If DDC intends to use a significant portion of the $1 billion to acquire SOL tokens, this would create considerable buying pressure, potentially driving the SOL price upwards. Market Confidence: A major corporation planning such a large investment could be seen as a vote of confidence in Solana’s technology, ecosystem, and future potential, attracting other investors. Speculation: The news itself can fuel speculation, leading to increased trading volume and volatility as market participants react to the potential acquisition. Funding Certainty: Knowing that a large pool of capital is potentially earmarked for Solana-related activities could provide a level of certainty and positive sentiment for the ecosystem. Conversely, the market’s reaction will also depend on the specifics of the plan, regulatory hurdles, overall market sentiment, and whether the offering successfully raises the intended capital. Investors should watch for further announcements from DDC and monitor market dynamics closely to understand the evolving impact on SOL price . Broader Trends in Crypto Acquisition This potential move by DDC fits into a growing trend of crypto acquisition and consolidation within the blockchain industry. As the space matures, companies are looking for ways to expand their reach, acquire technology, gain market share, and integrate different parts of the ecosystem. We’ve seen acquisitions in various sectors of crypto, including: Exchanges acquiring trading platforms or data providers. DeFi protocols merging or acquiring complementary services. Traditional companies acquiring crypto startups to enter the space. A large-scale crypto acquisition like a significant investment in or acquisition related to a major blockchain like Solana would represent a new level of institutional interest and strategic maneuvering. It highlights the increasing value placed on established blockchain ecosystems and the potential for traditional corporate finance structures (like public offerings) to fund growth in the crypto sector. Key Considerations and Actionable Insights This development raises several points for consideration: Regulatory Scrutiny: A large offering and potential acquisition involving a major blockchain asset could attract significant attention from regulators beyond the initial SEC filing . Execution Risk: Raising $1 billion is a significant undertaking, and successfully deploying it for an acquisition in the volatile crypto market presents challenges. Integration: If DDC acquires entities or projects within the Solana ecosystem, successful integration will be crucial for long-term value creation. Community Reaction: The Solana community’s response to a potential corporate acquisition could influence the outcome and perception of the move. For investors and market participants, actionable insights include: Monitor DDC Announcements: Keep an eye on official statements from DeFi Development Corp. regarding the offering and their plans for the proceeds. Track SEC Updates: Follow any further filings or communications with the SEC related to the Form S-3. Observe SOL Price Action: Analyze how the market reacts to this news and subsequent developments. Evaluate the Specifics: Wait for details on *how* DDC intends to use the funds for “acquisition of Solana (SOL)” before making investment decisions based solely on this initial news. In Conclusion The news of DeFi Development Corp.’s $1 billion securities offering and the stated potential use of funds for a Solana acquisition is a significant development. It underscores the growing intersection of traditional finance mechanisms and the dynamic world of decentralized technology. While the specifics of the “acquisition” remain somewhat ambiguous, the sheer scale of the potential offering and the explicit mention of Solana in an SEC filing make this a story worth following closely. The outcome of this offering and DDC’s subsequent actions could have meaningful implications for DeFi Development Corp. , the SOL price , and the broader landscape of crypto acquisition in the coming months. To learn more about the latest crypto market trends, explore our articles on key developments shaping the future of digital assets.

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TRUMP Skyrockets Another 20% as Bitcoin Price Calms Close to $95K (Weekend Watch)

Bitcoin’s price ascent as of late continued on Friday as the asset tapped a two-month peak of almost $96,000 before retracing slightly. Several meme coins have produced impressive gains over the past 24 hours, led by BONK and TRUMP, both of which have soared by over 20%. BTC Calms at $95K The primary cryptocurrency began the trading week on the right foot, with its price surging from $84,000 to over $87,000. Thus, it broke above the upper boundary of its recent consolidation range. The gains continued in the following days, including a surge past $90,000 on Tuesday, and BTC hasn’t looked back since. It jumped to $93,000 on Wednesday, where it faced minor resistance and was pushed down to $92,000. However, that was short-lived, and the asset started pushing north once again on Thursday and Friday. The culmination came yesterday when BTC came inches away from tapping $96,000. Although it couldn’t penetrate that level, it still marked a two-month high. For now, its price stands just below $95,000 after a small correction on a daily scale. Its market cap has calmed at $1.880 trillion on CG, and its dominance over the alts has declined slightly to 61.2%. BTCUSD. Source: TradingView TRUMP on the Rise Again After the news went out that the top 220 TRUMP holders would have the chance to attend a special dinner with the US President, the meme coin’s price went parabolic. As more information is revealed by the team, investors rush into buying the token, and its price is up by another 20% on a daily scale. Its value has roughly doubled in the past week, currently trading close to $15. The top performer today is Bitcoin SV, though, which has returned to the biggest 100 alts by market cap after a 31% surge. WLD follows with 24%, and BONK completes the top 3 with a 22% increase. Most larger-cap alts are trading more quietly, aside from SHIB and PEPE, which have posted impressive gains. DOGE and XLM are also in the green. Cryptocurrency Market Overview. Source: QuantifyCrypto The post TRUMP Skyrockets Another 20% as Bitcoin Price Calms Close to $95K (Weekend Watch) appeared first on CryptoPotato .

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USDT Sees Major Inflows While BTC Faces Significant Outflows: April 2023 Cryptocurrency Market Review

According to data from Coinglass, recent trends in cryptocurrency exchanges have revealed significant shifts in market liquidity. Over the last 24 hours, the most notable spot inflows include a robust

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From $999 to $999K? MAGACOINFINANCE.COM and XRP Could Make It Happen!

Every bull run has a story. The traders who spotted momentum early, the coins that defied expectations, and the small bets that turned into fortune-changing wins. As the market heats up, bold voices are suggesting that MAGACOINFINANCE.COM and XRP might be two of the next breakout names—and those watching closely don’t want to miss it. With narrative, structure, and timing all aligning, the potential for a true breakout story feels possible again. And MAGACOINFINANCE is standing at the center of that conversation. MAGACOINFINANCE Is Acting Like a Token Built for This Moment When most tokens are fighting for attention, MAGACOINFINANCE is doing something different—it’s gaining it naturally. There’s no fake flash, no inflated announcements—just real community momentum and steady technical development that’s creating one of the most watched early-stage plays in 2025. Investor channels are increasingly referencing it as a strategic long shot with high conviction. Its roadmap is on track. Wallet creation is climbing. And most importantly, the energy around the project doesn’t feel temporary—it feels earned. The question is no longer “what is MAGACOINFINANCE ?” but “how early am I?” Momentum Watch: Solana, Toncoin, Optimism, and Sei Solana remains a high-performance network that continues to attract developers across sectors—from gaming to tokenized tools. Its scalability and low transaction costs remain a competitive advantage. Toncoin is becoming known for seamless onboarding through mobile-native interfaces and social app integrations. Its user-first approach continues to broaden its reach. Optimism is leading the charge in Layer-2 scaling solutions. As Ethereum evolves, OP’s tech remains central to reducing costs and improving access to key dApps. Sei is still in its early phase, but it’s showing promise with performance-focused infrastructure designed to serve next-gen financial applications. Each of these plays has merit—but none are where MAGACOINFINANCE is right now: rising fast, still early, and increasingly hard to ignore. Final Word From $999 to $999K? It’s the kind of question that makes crypto exciting. MAGACOINFINANCE.COM and XRP aren’t just trending—they’re proving that momentum, utility, and smart execution still matter in a market that moves fast. Don’t be the one who watches from the sidelines this time. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: From $999 to $999K? MAGACOINFINANCE.COM and XRP Could Make It Happen!

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Pundit Calls Out Influencers Who Claim XRP Could Hit $200–$400 In Four Weeks

All Things XRP (@XRP_investing), a well-known crypto pundit, sent a message to XRP influencers on X. He criticized them for the continued spread of baseless and exaggerated claims. The post responds to a rumor that XRP could reach $200–400 in four weeks, supposedly cited by Forbes. Responding to this claim, All Things XRP wrote, “If you’re still posting this garbage, you’re not helping. You’re hurting.” The influencer urged others to prioritize depth, accuracy, and effort over speculation and engagement tactics. He added, “Will my audience be smarter, more informed, or better off after reading this? If yes—post it. If no—don’t.” Dear XRP influencers (again), I just saw this post: "JUST IN: According to Forbes, XRP might reach $200–400 during the next four weeks." Seriously? If you're still posting this garbage, you're not helping. You're hurting. The XRP community is done with hype. They want… — All Things XRP (@XRP_investing) April 24, 2025 Community Response The message aligned with the views of many in the XRP community. One user criticized the environment of content farming, stating, “Anything for engagement. Old news, fake news, redundant news, hype, and AI-generated content.” He said he actively unfollows accounts that rely on these tactics to reduce noise in his feed. Other experts, including Alex Caraco, the former CEO of a stock market firm, have weighed in on the wild claims, condemning them as harmful to the XRP army. He believes the asset will grow, but expects it to happen gradually as adoption increases. Another commenter acknowledged having once fallen for hype but said he had shifted to a fact-based approach. “I fell for the hype in the beginning… now, I post facts. I look up everything,” he explained. His focus now is on providing real-time corrections and educating others without engaging in personal attacks. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Pushing for Higher Standards All Things XRP’s post comes amid growing calls for a more responsible and credible approach to crypto communication. Claims of dramatic price movements with no supporting data are increasingly seen as harmful and manipulative. Many in the XRP community believe this kind of messaging undermines the asset’s reputation and the credibility of those who promote it. All Things XRP has previously called out influencers for these wild predictions, and the demand is clear: influencers must do better. Thoughtful, researched content is seen as not just a preference but a requirement for those who want to retain the trust of their followers. The community’s tone continues to evolve, moving away from blind enthusiasm toward informed advocacy. As the space matures, supporters greatly value analysis, context, and transparency. XRP holders want influencers to earn attention through meaningful contributions, not sensational headlines. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit Calls Out Influencers Who Claim XRP Could Hit $200–$400 In Four Weeks appeared first on Times Tabloid .

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Charles Hoskinson Reveals Exciting Plans for Lace Wallet’s XRP Functionality

Charles Hoskinson announces XRP functionality for Lace wallet. Integration aims to enhance multi-chain support and user experience. Continue Reading: Charles Hoskinson Reveals Exciting Plans for Lace Wallet’s XRP Functionality The post Charles Hoskinson Reveals Exciting Plans for Lace Wallet’s XRP Functionality appeared first on COINTURK NEWS .

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Altcoin Season Is Coming for SUI, but Could Ruvi AI (RUVI) Be the Real Winner? Experts Predict 1$ and 10,000% Growth in 2025

Cryptocurrencies are on fire as the altcoin season is finally here. Among the stars is SUI which just surged to $3.60 , up 71.86% in the past week. While SUI’s growth is getting all the headlines, it’s just part of a broader altcoin recovery that’s getting everyone excited across the crypto space. But as great as SUI’s gains are, there’s an even bigger opportunity hiding beneath the surface. Ente r Ruvi AI —a revolutionary blockchain project that’s redefining the future of decentralized tech with its AI and blockchain integration. Unlike SUI’s market-dependent growth, Ruvi AI offers a structured high-reward opportunity through its presale and VIP reward tiers , with unparalleled ROI. Ruvi AI’s Presale Ruvi AI has blown up the market with its presale success, selling over 10 million tokens in just a few days. This early investment raised $100,000 with tokens priced at $0.01 during the presale. The confirmed listing price of $0.07 means early adopters will see an instant 600% return at launch. But that’s not all. Analysts predict Ruvi AI’s token could go to $1 or higher as the technology and user base grows. Unlike most other projects, Ruvi AI has real-world applications that go far beyond speculative trading. VIP Tier 5 Rewards and ROI One of the best things about Ruvi AI is its VIP rewards system , which offers huge bonuses and returns for committed investors. Let’s take a look at the returns for VIP Tier 5 . To qualify for this tier you must buy and hold at least 500,000 tokens which is a $5,000 investment at the presale price of $0.01. The rewards for meeting this threshold are massive, VIP 5 members will get a 100% bonus. This will double their holding to 1,000,000 tokens for the same initial investment. The token’s listing price is confirmed to be $0,07 per token which means the initial $5,000 investment will turn into $70,000.If $RUVI reaches the $1 valuation projected by crypto analysts these tokens will be worth $1,000,000 upon maturity. That’s a 19,900% return on investment which is unmatched by most opportunities in the crypto space. VIP 5 also offers more than just financial benefits. Qualifying investors get first access to new platform features and are positioned as key players in the Ruvi AI ecosystem, giving them even more long term influence and benefits. SUI vs. RUVI While SUI’s recent surge to $2.96 is 38.86% in the past week, it’s nowhere near the exponential returns RUVI offers. The structured growth through VIP tiers ensures every investor has clarity and confidence about their returns no matter the market conditions. Leaderboard Rewards for Top Investors Another great feature of RUVI is its leaderboard rewards program , which rewards its most loyal supporters. This unique structure provides massive bonuses to top contributors: Top 10 investors get 500,000 tokens each, valued at $500,000 at the projected price of $1. Top 50 investors get 250,000 tokens each, worth $250,000 . Top 1,000 investors aren’t left out, getting 20,000 tokens each, valued at $20,000 . These rewards show RUVI’s commitment to building a strong and engaged community of supporters. Why RUVI Shines RUVI i sn’t just another blockchain project riding the crypto hype. It stands out because of its superapp ecosystem that uses AI to solve real-world problems across industries. From automating business workflows to enhancing creative processes, RUVI’s capabilities go far beyond simple transactions. At the heart of RUVI is the $RUVI token , which powers its ecosystem. This token isn’t just a speculative asset; it’s a gateway to AI tools and applications, ensuring both utility and value. Combined with its rewards-focused structure, RUVI is designed to benefit its investors every step of the way. Altcoin Season vs. RUVI Altcoin season has historically been a period of rapid growth for alternative cryptocurrencies and SUI’s rise is a perfect example of that. However, altcoin performance is often tied to short term market trends and external factors such as Bitcoin dominance or macroeconomic shifts.RUVI doesn’t follow the market cycles. Its growth is driven by a product, a roadmap and an investor first approach. Altcoin season may come and go but RUVI’s intrinsic value means it’s a good investment regardless of market conditions. Get in Early SUI’s rise and altcoin season are exciting but for those looking for long term high value opportunities RUVI outperforms the rest . With its explosive presale, groundbreaking tech and VIP reward system RUVI offers returns that are too good to pass up. Don’t miss out . Join RUVI’s presale today and get in on the revolution. While others chase trends be part of the movement with RUVI. The future is now. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register

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Georgia Senator Labels Trump’s $TRUMP Coin Dinner an ‘Impeachable Offense’

The post Georgia Senator Labels Trump’s $TRUMP Coin Dinner an ‘Impeachable Offense’ appeared first on Coinpedia Fintech News Senator John Ossoff of Georgia is the latest Democrat in Congress who believes that US lawmakers should impeach Trump despite him barely reaching the 100-day mark in his current term. The comment comes after Trump offered a ‘Gala Dinner’ for the top 220 holders of his memecoin TRUMP. “When the sitting president of the United States is selling access for what are effectively payments directly to him, there is no question that that rises to the level of an impeachable offense,” Ossoff said at a town hall on Friday. Sen. @ossoff faces a question at his town hall on why he and other Democrats aren’t pushing to impeach Trump. “As strongly as I agree with you, ma’am, I regret if this is an unwelcome response, but my job is to be honest with you: The only way to achieve what you want to… pic.twitter.com/YGPV24rnsu — Greg Bluestein (@bluestein) April 25, 2025 Notably, the House of Representatives can vote to impeach any federal official, including the President, for treason, bribery, or high crimes and misdemeanors. Impeachment Unlikely Without a Democratic Majority Trump was impeached twice during his first term, but was acquitted both times by the Senate. To turn the US into a “Bitcoin Superpower”, he has appointed several pro-crypto regulators and called for crypto-specific regulations. However, Ethics experts have expressed concerns that his involvement in several crypto ventures could lead to serious conflicts of interest. Impeachment is unlikely with Republicans controlling the House. Senator Ossoff says a Democratic majority is needed to change that. Senators Call For Ethics Probe Besides, CNBC reported that Senators Adam Schiff and Elizabeth Warren are calling for an ethics investigation into whether Trump broke federal ethics rules by offering exclusive access to his top TRUMP investors. Senators wrote in a letter to the U.S. Office of Government Ethics that Trump may be engaged in “pay to play” corruption, selling presidential access for money or favors and personally benefiting, possibly even from foreign or corporate interests. However, since Republicans control the government and with Trump’s appointee leading the ethics office, the investigation probably won’t go far. Trump and his family are becoming increasingly involved in crypto, planning a new stablecoin, and have already earned over $350 million in fees from the TRUMP coin since its launch.

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Swiss National Bank President Makes Statement on Bitcoin (BTC) Following Heavy Demand

Martin Schlegel, President of the Swiss National Bank (SNB), has categorically rejected suggestions that the central bank should hold Bitcoin in its reserves, stating that cryptocurrencies do not meet the institution’s reserve asset standards. Speaking at the SNB’s annual shareholders’ meeting in Bern, Schlegel cited growing pressure from crypto advocates who argue the central bank needs to diversify its reserves in light of growing global economic uncertainty. The move has gained momentum since U.S. President Donald Trump imposed new tariffs that critics say could destabilize international markets. The movement is launching a referendum initiative aimed at amending the Swiss constitution to make it mandatory for the SNB to hold Bitcoin alongside gold as part of its official reserves. The initiative is being led by the Bitcoin Initiative, a group founded by Luzius Meisser, a prominent figure in the Swiss crypto community. Related News: Critical Number Revealed for Bitcoin: Miners Start Losing Money If BTC Falls Below This Number Despite this momentum, Schlegel remained steadfast. “Cryptocurrencies are not currently fulfilling the requirements for our foreign exchange reserves,” he said. He emphasized the need for the central bank to reliably buy and sell assets, raising concerns about market liquidity. Schlegel also pointed to the extreme volatility of cryptocurrencies, describing their value swings as “very, very high,” casting doubt on their role as stable reserve assets. Addressing shareholders earlier in the meeting, Meisser argued that Bitcoin offers strategic value in a changing geopolitical environment. “I must admit that it may not be very valuable in the scenarios that most of you consider normal,” he said, adding, “But Bitcoin will be very valuable in the specific scenario of a multipolar world order where reliance on sovereign debt is decreasing.” *This is not investment advice. Continue Reading: Swiss National Bank President Makes Statement on Bitcoin (BTC) Following Heavy Demand

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