Mantra CEO John Mullin said he is planning to burn all of his team's tokens in order to win back the trust of the network’s community following the sudden collapse of the Mantra (OM) token on April 13. “I’m planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back,” Mullin posted to X on April 16. Mantra set aside 300 million OM, 16.88% of the token’s nearly 1.78 billion total supply, for its team and core contributors that are currently locked and were scheduled to be released in stages between April 2027 and October 2029, according to an April 8 blog post. The team’s tokens are worth around $236 million with OM currently trading around 78 cents, but were worth around $1.89 billion before the token sank on April 13, going from around $6.30 to a low of 52 cents and wiping over $5.5 billion in value, according to CoinGecko. Source: JP Mullin Many community members welcomed Mullin’s pledge, but others saw the token burn as a potential blow to the team’s long-term commitment to building the real-world asset tokenization platform. “This would be a mistake. We want teams that are highly incentivized. Burning the incentive may seem like a good gesture but it will hurt the team motivation long term,” said Crypto Banter founder Ran Neuner. Mullin suggested a decentralized vote could determine whether to burn the 300 million team tokens. Mantra recovery process already underway Mullin promised a post-mortem statement explaining what went wrong to be transparent with the community. Speaking to Cointelegraph on April 14, Mullin outlined plans to leverage the $109 million Mantra Ecosystem Fund for potential token buybacks and burns to stabilize OM’s price, which had fallen from $6.30 to as low as $0.52. Related: Red flag? Mantra's TVL jumped 500% as OM price collapsed Mullin’s firm has strongly refuted rumors that it controls 90% of OM’s token supply and engaged in insider trading and market manipulation. Mantra claims the OM price implosion was triggered by “reckless liquidations," adding that it wasn’t related to any actions undertaken by the team. OKX and Binance were among the crypto exchanges that saw significant OM activity right before the token collapse. Both exchanges denied any wrongdoing, attributing the collapse to changes made to OM’s tokenomics in October 2024 and unusual volatility that ultimately triggered high-volume cross-exchange liquidations on April 13. Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
The mood in the equity and crypto market turned sour late Wednesday as Nvidia shares crashed in after-hours trading following a $5.5 billion charge tied to the Trump administration's decision to ban the company's H20 chip sales to China. Bitcoin, the leading cryptocurrency by market value, fell to $83,600, extending the retreat from the two-week high of $86,440 reached earlier in the day, CoinDesk data showed. Payments-focused XRP followed a similar trajectory, falling over 2% to $2.08, while Cardano's ADA token slipped 4% to $0.61. The CoinDesk 20 Index , a broader market gauge, weakened over 2%. Meanwhile, coins supposedly associated with artificial intelligence (AI) continued to fare worse as shares in NVDA tanked 8% to $89.10 after the company disclosed in a regulatory filing that it expects to write down $5.5 billion in the fiscal first quarter due to the new restrictions on exports of its H20 chip to China. The news came a day after unusual activity in NVDA put options pointing to an impending market swoon. The futures tied to the Nasdaq index fell over 1% as well, offering negative cues to risk assets in general. The next catalyst awaiting release Wednesday morning Eastern time is the U.S. retail sales report for March. Per economists polled by Dow Jones, the data is expected to show a 1.2% increase in consumer spending on the month, up from a 0.2% climb in February. A better-than-expected report will likely help assuage recession fears triggered by President Donald Trump's trade war with China and other trading partners. However, there is a risk that markets will dismiss it as backward-looking, failing to account for the major escalation in trade tensions seen this month. Federal Reserve's Chairman Jerome Powell is also scheduled to speak on Wednesday at the Economic Club of Chicago on his outlook for the U.S. economy. "All eyes are on Powell. Markets are holding their breath for Powell on Wednesday. Between the trade war and rising recession chatter, traders are watching for any hint the Fed might be forced to cut sooner than expected," Secure Digital Markets said in Tuesday's research note. The forward-looking market-based measures like the inflation breakevens have dropped amid trade tensions, pointing to the disinflationary impact of Trump's tariffs. That could provide the Fed with a leeway to cut rates. Early this week, Federal Reserve Governor Christopher Waller said the bank would be forced to quickly make a series of "bad news" rate cuts if the U.S. president reimposes the levies unveiled on April 2. Trump announced sweeping tariffs on 180 nations on April 2 but quickly suspended the same for most nations, excluding China, for 90 days. Read more: Bitcoin Hovers at $85K as Fed’s Waller Suggests 'Bad News' Rate Cuts if Tariffs Resume
Meta Title: $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks Meta Description: SOL, BTC, and ETH are solid April buys—but MAGACOINFINANCE is gaining steam as the altcoin with far more upside. $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks In April 2025, crypto’s heavyweights are holding their ground. Solana (SOL) is strong above $117 , Ethereum (ETH) is stable around $1,560 , and Bitcoin (BTC) continues trending above $80K . While these coins make sense for safety, traders hunting 20x–30x plays are locking into a fast-growing altcoin project — MAGACOINFINANCE . ROI Comparison – BTC, ETH, SOL vs MAGACOINFINANCE BTC : $80K to $150K = +87.5% ROI ETH : $1,560 to $10K = +541% ROI SOL : $117.93 to $300 = +154% ROI MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI 🚨 FINAL CALL — ACT NOW & SECURE YOUR SPOT! 📊 BTC and SOL Are Smart—but MAGACOINFINANCE Could Be the Next SHIBA MAGACOINFINANCE is priced at just $0.0002908 with a listing target of $0.007 —yielding a built-in +2,308% ROI . But using the MAGA50X code unlocks 50% extra tokens , boosting the true upside to +3,645% . SOL once ran from $0.50 to $200+ , and SHIBA delivered 60,000% . If you missed those moves, this could be your redemption moment. With 12,500+ holders already in, you’re still early. 🟢 JOIN 12,500+ NOW — LIMITED TIME Analyst Math: $10 to $10K Isn’t Out of Reach Here Analysts are calling MAGACOINFINANCE one of the top altcoins for asymmetric returns. A simple $10 entry today with the 50% bonus could turn into $364.50 . A $250 bet? That could be $9,112.50+ at listing. Compare that to the 2–5x upside expected from majors— the math speaks for itself . Current Price Highlights SOL : Trading near $117.93 , with L1 upgrades growing ETH : At $1,560 , holding strong BTC : Hovering around $80,312 , still bullish 🔓 50% EXTRA BONUS LIVE — USE CODE MAGA50X BEFORE IT’S GONE! Other Coins to Watch: XRP, AVAX, HBAR, SOL XRP is holding strong above $2.03 AVAX at $18.57 is scaling with subnets HBAR near $0.172 sees enterprise traction SOL continues to lead L1 growth Conclusion BTC, ETH, and SOL remain smart April plays—but MAGACOINFINANCE is the boldest. Low entry, viral growth, and analyst-backed ROI make this one a top target. If you missed SHIBA, don’t miss this window. Always do your own research before investing. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post $10 to $10K? SOL, ETH, and BTC Look Like Smart April Picks appeared first on TheCoinrise.com .
A significant security breach has impacted ZKsync, leading to token theft. The ZKsync team confirmed user funds are secure and ongoing security measures are in place. Continue Reading: Significant Security Breach Hits ZKsync Protocol, Triggering Token Price Drop The post Significant Security Breach Hits ZKsync Protocol, Triggering Token Price Drop appeared first on COINTURK NEWS .
On April 16, COINOTAG News reported that the publicly traded medical technology firm, Semler Scientific (SMLR), has formally filed an S-3 registration statement with the U.S. Securities and Exchange Commission
Publicly listed bitcoin mining company Bitdeer is preparing to manufacture its mining equipment in the United States, a move shaped by U.S. President Donald Trump’s trade policies. Trump’s Tariffs Push Bitdeer Toward Self-Mining and American-Made Bitcoin Miners Facing the Trump administration’s tariffs, bitcoin mining rig producers are recalibrating their operational strategies. As reported by Bloomberg
Get ready for a jolt of intrigue at Token2049 in Dubai! The crypto world is buzzing with the announcement that Eric Trump, son of former U.S. President Donald Trump, is slated to speak at this premier digital asset event. Scheduled for April 30th to May 1st, Token2049 Dubai is already shaping up to be a landmark conference, but Eric Trump’s participation adds an unexpected layer of political and social commentary to the typically tech-centric discussions. What does this mean for the future of crypto and its intersection with global figures? Let’s dive into the details. Why Eric Trump at a Crypto Conference? Decoding Token2049 Dubai’s Bold Move The inclusion of Eric Trump in the speaker lineup at Token2049 Dubai has undoubtedly raised eyebrows and sparked conversations across the crypto community and beyond. While not directly involved in the cryptocurrency space professionally, Eric Trump’s presence brings a unique dimension to the conference. Here’s why this is a noteworthy development: Amplified Global Attention: The Trump name carries significant global recognition and media attention. Eric Trump’s appearance is guaranteed to draw a wider audience to Token2049, extending its reach beyond the typical crypto circles. This increased visibility can be beneficial for the entire industry, bringing cryptocurrency and blockchain technology into mainstream conversations. Bridging Traditional and Digital Worlds: Having a speaker from a prominent political family signals a potential bridge between traditional power structures and the burgeoning world of digital assets. It could indicate a growing acceptance and interest in cryptocurrency at higher echelons of influence, even if indirectly. Diverse Perspectives: Token2049 aims to be a global platform for diverse voices within the crypto and Web3 space. While most speakers are industry leaders and innovators, including figures from outside the core crypto ecosystem, like Eric Trump, can introduce fresh perspectives and spark unexpected dialogues. Who Else is Speaking? A Lineup of Crypto Heavyweights at Token2049 While Eric Trump’s participation is generating significant buzz, Token2049 Dubai boasts an impressive roster of confirmed speakers who are central figures in the cryptocurrency and blockchain industry. This lineup underscores the conference’s commitment to providing a platform for in-depth discussions and insights from the leaders shaping the future of digital assets. Let’s take a look at some of the other prominent speakers: Richard Teng, CEO of Binance: Leading the world’s largest cryptocurrency exchange, Richard Teng’s insights into the exchange landscape, regulatory challenges, and the future of crypto trading are highly anticipated. His perspective on market trends and Binance’s global strategy will be invaluable for attendees. Paolo Ardoino, CEO of Tether: As the head of Tether, the issuer of USDT, the world’s largest stablecoin, Paolo Ardoino is at the forefront of discussions surrounding stablecoins, their role in the crypto ecosystem, and regulatory scrutiny. His views on the stability and transparency of stablecoins are crucial in the current market environment. Jeremy Allaire, CEO of Circle: Circle is the issuer of USDC, another leading stablecoin, and a major player in crypto finance infrastructure. Jeremy Allaire’s expertise lies in bridging traditional finance with the crypto world, regulatory compliance, and the institutional adoption of digital assets. Robert Mitchnick, Head of Digital Assets at BlackRock: BlackRock, the world’s largest asset manager, entering the crypto space is a monumental development. Robert Mitchnick’s presence signifies the growing institutional interest in cryptocurrency and his insights into BlackRock’s digital asset strategy are highly sought after. This powerhouse lineup, combined with Eric Trump’s unique presence, sets the stage for a dynamic and multifaceted crypto conference Dubai attendees won’t want to miss. What to Expect at Token2049: More Than Just Speakers Token2049 Dubai isn’t just about keynote speeches. It’s a comprehensive event designed to immerse attendees in the world of cryptocurrency and blockchain technology. Here’s what you can expect beyond the speaker sessions: Networking Opportunities: Token2049 is renowned for its unparalleled networking opportunities. It brings together industry leaders, investors, developers, entrepreneurs, and media from around the globe, providing a fertile ground for collaborations, partnerships, and deal-making. Exhibitor Booths: Explore the latest innovations and projects in the crypto space at the exhibitor booths. Companies and projects will showcase their technologies, products, and services, offering attendees a hands-on experience with the cutting edge of the industry. Workshops and Breakout Sessions: Delve deeper into specific topics through workshops and breakout sessions led by industry experts. These sessions offer practical knowledge and insights on various aspects of crypto, from DeFi and NFTs to regulation and security. Side Events and Parties: The Token2049 experience extends beyond the conference venue with a plethora of side events and parties hosted by various companies and projects. These events provide informal settings for networking and socializing with fellow attendees. In essence, Token2049 Dubai is designed to be a holistic experience, fostering learning, collaboration, and growth within the cryptocurrency ecosystem. Navigating the Crypto Landscape: Insights from Cryptocurrency Speakers The diverse range of cryptocurrency speakers at Token2049 promises to offer invaluable insights into the current state and future trajectory of the digital asset landscape. Attendees can expect to gain knowledge on a wide array of topics, including: Market Trends and Analysis: Hear from industry leaders about the latest market trends, price predictions, and investment strategies in the cryptocurrency space. Regulatory Developments: Gain insights into the evolving regulatory landscape for cryptocurrencies globally and understand how these regulations are shaping the industry. Technological Innovations: Explore the newest technological advancements in blockchain technology, including layer-2 solutions, DeFi protocols, NFTs, and the Metaverse. Institutional Adoption: Understand the growing institutional interest in cryptocurrency and how traditional financial institutions are integrating digital assets into their portfolios. The Future of Web3: Delve into the concepts and potential of Web3, the decentralized internet, and its implications for various industries. By attending sessions and engaging with these cryptocurrency speakers , participants can equip themselves with the knowledge and understanding needed to navigate the complexities and opportunities within the crypto market. Is Token2049 Dubai Worth Attending? Weighing the Pros and Cons Considering attending Token2049 Dubai ? Here’s a balanced look at the potential benefits and considerations: Pros Cons World-Class Speakers: Access insights from industry leaders like Richard Teng, Paolo Ardoino, Jeremy Allaire, and Robert Mitchnick, along with the unique perspective of Eric Trump. Cost: Attending a major international conference like Token2049 involves expenses for tickets, travel, and accommodation, which can be significant. Networking Powerhouse: Unparalleled opportunities to connect with industry professionals, investors, and innovators from around the world. Time Commitment: Attending a multi-day conference requires a significant time commitment, taking away from other work or personal obligations. Comprehensive Content: A wide range of topics covered through keynotes, panels, workshops, and breakout sessions, ensuring there’s something for everyone. Information Overload: The sheer amount of information and activity can be overwhelming for some attendees. Dubai as a Crypto Hub: Experience Dubai’s growing prominence as a global crypto hub and explore the local ecosystem. Travel Distance: For attendees from certain regions, travel to Dubai can be long and potentially expensive. Future-Oriented Focus: Token2049 is dedicated to exploring the future of cryptocurrency and blockchain, providing valuable insights into upcoming trends and opportunities. Potential for Hype: Like any major crypto event, there’s a potential for hype and promotional content, so critical evaluation of information is always recommended. Ultimately, the decision to attend Token2049 Dubai depends on your individual goals, budget, and interests within the cryptocurrency space. However, for those serious about engaging with the global crypto community and staying ahead of industry trends, it presents a compelling opportunity. Conclusion: Token2049 Dubai – A Stage Set for Crypto’s Next Act Token2049 Dubai is poised to be more than just another crypto conference. With a speaker lineup featuring industry titans like Richard Teng, Paolo Ardoino, Jeremy Allaire, Robert Mitchnick, and the unexpected addition of Eric Trump, it’s shaping up to be a pivotal event for the cryptocurrency world. Whether you’re interested in networking, learning about the latest innovations, or gaining insights from leading cryptocurrency speakers , Token2049 offers a comprehensive platform to engage with the dynamic and ever-evolving digital asset landscape. The inclusion of Eric Trump adds a layer of political and mainstream interest, potentially broadening the reach and impact of the conference. As Dubai solidifies its position as a global crypto hub, Token2049 stands as a testament to the growing significance of digital assets on the world stage. Keep an eye on Dubai this April – the future of crypto might just be unveiled there. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption.
In a move that signals a significant push towards enhancing the reliability and performance of Artificial Intelligence, OpenAI has acquired Context.ai, a startup specializing in AI model evaluation. This strategic acquihire brings together Context.ai’s expertise in assessing AI models with OpenAI’s leading position in AI development, promising a future where AI applications are not only powerful but also thoroughly evaluated and understood. Why is AI Evaluation Crucial for the Future of AI? As AI Models become increasingly integrated into various aspects of our lives, from cryptocurrency trading algorithms to healthcare diagnostics, ensuring their accuracy and reliability is paramount. But how do developers truly know if their models are performing as expected? This is where AI Evaluation platforms like Context.ai come into play. They provide the necessary tools and analytics to peer into the ‘black box’ of AI, offering insights into model behavior and areas for improvement. Consider these key benefits of robust AI Evaluation : Enhanced Model Performance: By identifying weaknesses and areas of underperformance, developers can fine-tune their AI Models to achieve optimal results. Increased Trust and Reliability: Rigorous evaluation builds confidence in AI Models , making them more trustworthy for critical applications. Faster Development Cycles: Understanding model performance early in the development process can save time and resources by guiding development efforts effectively. Improved User Experience: Well-evaluated AI Models lead to better user experiences, as applications become more responsive, accurate, and helpful. Startup Acquisition : OpenAI Welcomes Context.ai Team Context.ai, founded in 2023 by former Google engineers Henry Scott-Green and Alex Gamble, quickly made a name for itself in the burgeoning field of AI Evaluation . Backed by GV (Google Ventures) and Theory Ventures, the startup raised $3.5 million in seed funding, highlighting the investor confidence in their approach to AI Model analytics. OpenAI’s Startup Acquisition of Context.ai is not just about acquiring technology; it’s about bringing in talent. Scott-Green and Gamble, along with their team, are set to join OpenAI, focusing on building the next generation of AI Evaluation tools. This move underscores OpenAI’s commitment to not only pushing the boundaries of AI innovation but also ensuring the responsible and effective deployment of these powerful technologies. Key Highlights of the Acquisition: Aspect Details Acquired Company Context.ai Focus of Context.ai AI Model Evaluation and Analytics Founders Joining OpenAI Henry Scott-Green (CEO) and Alex Gamble (CTO) Investment in Context.ai $3.5 million seed funding from GV and Theory Ventures OpenAI’s Goal Enhance AI Evaluation capabilities and build better development tools Context.ai’s Innovative Approach to AI Model Analysis What made Context.ai stand out in the crowded Artificial Intelligence landscape? Their flagship product was a user-friendly dashboard that allowed developers to delve deep into the data generated by their AI Models . This platform helped users understand if their models were truly answering queries effectively. By using an API to share transcripts, Context.ai analyzed and categorized the data, providing valuable insights into model performance. Henry Scott-Green, in a 2023 interview with Bitcoin World, highlighted a common pain point for developers: the ‘black box’ problem. Many developers struggle to understand how users interact with their AI Models and how well these models are actually performing. Context.ai aimed to solve this by providing clarity and actionable data. Challenges in AI Evaluation and OpenAI’s Solution AI Evaluation is not without its challenges. It’s a complex field requiring expertise in both Artificial Intelligence and data analysis. Some of the key hurdles include: Defining Evaluation Metrics: Choosing the right metrics to accurately measure AI Model performance can be tricky. Handling Complex Models: Evaluating sophisticated AI Models , like large language models, requires advanced techniques and tools. Ensuring Fairness and Bias Detection: AI Evaluation must also address ethical concerns, such as identifying and mitigating biases in models. Scalability: As AI Models grow in size and complexity, evaluation platforms need to scale accordingly. OpenAI’s Startup Acquisition of Context.ai is a direct response to these challenges. By integrating Context.ai’s team and technology, OpenAI is investing in building robust internal capabilities for AI Evaluation . This will not only benefit OpenAI’s own AI Model development but also potentially contribute to the broader Artificial Intelligence community by setting new standards for model assessment. The Future of AI Models : Enhanced Evaluation and Transparency The acquisition of Context.ai by OpenAI points towards a future where transparency and rigorous AI Evaluation are integral to AI Model development. As Artificial Intelligence continues to evolve and impact more industries, including the cryptocurrency and blockchain space, the need for reliable and understandable AI Models will only increase. OpenAI’s move is a proactive step towards building that future. With Scott-Green now a product manager at OpenAI focused on building evaluation tools, the industry can anticipate advancements in how AI Models are tested, analyzed, and ultimately, improved. This development is particularly relevant for sectors like cryptocurrency, where AI Models are increasingly used for trading, risk assessment, and fraud detection, requiring utmost accuracy and reliability. In conclusion, OpenAI’s Startup Acquisition of Context.ai is a strategic and insightful move that underscores the growing importance of AI Evaluation in the Artificial Intelligence landscape. By bringing in a team dedicated to making AI Models more transparent and understandable, OpenAI is not just enhancing its own capabilities but also contributing to a more responsible and reliable future for Artificial Intelligence across all sectors. To learn more about the latest AI Model trends, explore our article on key developments shaping AI features.
Market action is heating up once again, with Solana and Dogecoin showing early signs of strength as price charts flash bullish signals. While both coins remain in focus, BlockDAG (BDAG) is capturing broader attention after raising $214 million and posting a 2,380% rise in price. Now, its newly launched 600% Golden Ticket offer is drawing waves of new participants. With special airdrop access and a major global convention on the horizon, interest continues to climb. The highly anticipated 7th AMA, scheduled for April 17, has further added to the momentum surrounding what many now view as one of 2025’s most promising blockchain stories. Solana’s 16.7% Recovery Strengthens Confidence Among Big Players Solana’s price trend is beginning to shift in a positive direction. After retreating close to the $100 mark, it has climbed back by 16.7%, now holding steady above $120. Analysts link this upward move to renewed accumulation from major entities, highlighted by a recent $3.72 million SOL acquisition by a large whale—a strong show of faith in Solana’s future growth. Chart indicators back this optimism. Solana has established firm support above $100 and has moved past a key downward trendline at $107. The next notable zones to watch are $130 and $140, which may trigger further upside action. With its fast, low-cost framework still favored by developers, Solana continues to stand out as a key Layer-1 altcoin heading into the second quarter. Dogecoin Gears Up for Potential Breakout Toward $0.40 Dogecoin is showing early signs of building momentum. Currently trading near $0.14, it’s been consolidating tightly, with forecasts now pointing toward a jump to $0.21 or even a possible test of $0.40 if the trend holds. Technical markers like the RSI suggest bullish behavior is gaining ground, indicating an upward breakout could be forming. Excitement around Dogecoin has been revived by ETF rumors and rising usage across payment platforms. These developments are reigniting interest from retail buyers, especially as it nears key resistance levels. If these barriers are crossed, Dogecoin could reenter the spotlight with strong price action in the coming sessions. BlockDAG’s 600% Golden Ticket Pushes Presale Success Higher Beyond what’s happening with Solana and Dogecoin, BlockDAG’s achievements continue to set it apart. In just ten months, the project has generated $214 million in crypto presale funds while climbing 2,380% in price. But the latest move—the launch of its 600% Golden Ticket bonus—is taking things to a new level. Anyone joining the ecosystem with code BDAG1200 will receive 600% more coins, setting a new benchmark for presale incentives. Alongside this, participants will also receive early access to an exclusive coin airdrop, adding further appeal. These features, backed by strong project fundamentals, have pushed BlockDAG to the top of the Layer-1 conversations heading into 2025. The campaign is being actively highlighted ahead of the April 17 AMA, where the team plans to reveal fresh roadmap updates and strategic initiatives. There’s also strong excitement around the first BlockDAG Global Convention, which will move the discussion from digital platforms to live events in multiple cities. While the full schedule remains under wraps, those attending are expected to gain early exposure to various elements of the BlockDAG network. CEO Antony Turner, speaking during the third keynote, described the current phase by saying: “We’re not simply dreaming about the future—we’re shaping it, building it, and defining it with purpose and commitment.” The platform’s hybrid model—blending Directed Acyclic Graph (DAG) technology with Proof-of-Work (PoW)—delivers both scalability and security. This architecture enables parallel transaction handling without compromising on decentralization. With large-scale miner preparation already underway, BlockDAG is delivering the kind of performance many protocols only claim to provide. Final Words! Solana’s recent price growth and Dogecoin’s move toward key levels are both worth watching, but BlockDAG’s numbers already show strong traction. A 600% Golden Ticket bonus, $214 million raised, exclusive airdrops, and a fast-approaching AMA give this project real presence. People joining the platform are doing so for its performance, community rewards, and its practical use potential. From mining to long-term engagement and network activity, BlockDAG offers a wide range of features. As the Global Convention nears, the project continues to shift expectations for what a presale success can look like in 2025. Join BlockDAG Presale Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Continue Reading: Dogecoin Targets $0.40, Solana Bounces Back, — Yet BlockDAG’s 600% Bonus and $214M Presale Boom Steals Crypto Whales’ Attention
The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency. Bitcoin Price Faces Pressure Amid Massive Outflows CoinShares’ weekly report on Digital Asset Fund Flows has disclosed a massive $795 million in outflows from the crypto market—shockingly, $751 million of which came from Bitcoin alone. This mass exodus marks one of the largest single-week outflows of the year, and it comes at a time when the price of Bitcoin has hit a wall. Related Reading: $9.41 Billion In Shorts At Risk Of Liquidation If Bitcoin Price Hits This Level James Butterfill, the Head of Research at CoinShares, revealed that since early February 2025, digital asset investment products have suffered cumulative outflows of approximately $7.2 billion, effectively erasing almost all the year-to-date inflows. Notably, this week marks the third consecutive week of declines, with Bitcoin leading the downturn and recording the most significant losses among major digital assets. As of this report, net flows for 2025 have dwindled to a modest $165 million, a sharp drop from a multi-billion dollar peak just two months ago. This steep decline underscores a cooling sentiment among institutional investors and highlights a growing sense of caution amid ongoing market volatility. Currently, the Bitcoin price is struggling to regain past all-time highs, with recent outflows serving as one of the many barriers hindering the cryptocurrency’s breakout potential. Until these outflows reverse and the market stabilizes, Bitcoin’s path to setting new all-time highs remains challenged. Despite losing $751 million in outflows, Bitcoin still maintains a moderately positive position with $545 million in net year-to-date inflows. However, the sheer scale and speed of the latest outflows raise concern. The fact that Bitcoin suffered such a massive withdrawal signals a potential shift in sentiment among institutions. Whether it’s due to profit-taking or macroeconomic uncertainty, this move suggests that big players are beginning to pull out — at least in the short term. In addition to Bitcoin, Ethereum saw $37 million in outflows, while Solana, Aave, and SUI also posted losses of $5.1 million, $0.78 million, and $0.58 million, respectively. Surprisingly, even short Bitcoin products, designed to benefit from market downturns, weren’t spared, recording $4.6 million in outflows. Tariffs And Political Volatility Drive Outflows One of the key drivers behind the pullback across digital assets is the rising economic uncertainty sparked by tariff policies that have adversely influenced investor sentiment. The wave of negative sentiment began in February after United States (US) President Donald Trump announced plans to impose tariffs on all imports coming into the country from Canada, Mexico, and China. Related Reading: Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point However, a late-week rebound in crypto prices was seen after Trump’s temporary reversal of the controversial tariffs, providing a brief respite for the market. This policy shift helped boost total Asset Under Management (AUM) across digital assets from a low of $120 billion on April 8 to $130 billion, marking an 8% recovery. Featured image from Adobe Stock, chart from Tradingview.com