Investors Ignite New Hopes for Solana with $1 Billion Investment Plan

DDC's $1 billion offering boosts confidence in Solana's potential. Technical indicators suggest a promising outlook for SOL price movements. Continue Reading: Investors Ignite New Hopes for Solana with $1 Billion Investment Plan The post Investors Ignite New Hopes for Solana with $1 Billion Investment Plan appeared first on COINTURK NEWS .

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Bitcoin Custody: SEC Commissioner Calls for Crucial Allowance for State Trust Companies

The landscape of digital asset regulation is constantly evolving, and a recent comment from a key U.S. official has sparked significant discussion. SEC Commissioner Mark Uyeda has voiced his opinion that the U.S. Securities and Exchange Commission (SEC) should pave the way for state-chartered trust companies to handle the custody of Bitcoin and other cryptocurrencies. This isn’t just a technical point; it touches upon fundamental questions about how digital assets fit into the existing financial system and who is best equipped to safeguard them. Understanding SEC Crypto Regulation and Commissioner Uyeda’s Stance The U.S. regulatory environment for cryptocurrencies remains complex, with multiple agencies asserting jurisdiction. The SEC, primarily focused on securities, has taken various actions regarding crypto assets it deems to be securities. However, the regulation surrounding the custody of assets, particularly non-security digital assets like Bitcoin, involves other bodies, including state financial regulators and federal banking agencies. According to a report by Bitcoin Magazine via X, SEC Commissioner Mark Uyeda expressed a view that could potentially simplify or clarify one aspect of this complexity. He stated that the SEC should allow state-chartered trust companies to provide custody services for Bitcoin and other digital assets. This suggestion is noteworthy because it comes from within the SEC and points towards a potential path for traditional financial institutions operating under state charters to more formally engage with the crypto market. Currently, the path for traditional financial entities to offer robust Bitcoin custody services is often fraught with regulatory uncertainty. While some federal regulators have issued guidance, the interaction with securities laws, as enforced by the SEC, adds layers of complexity, especially for entities dealing with assets that might be perceived differently by various agencies. Why State Trust Companies Matter for Bitcoin Custody State-chartered trust companies have a long history in the U.S. financial system. They are regulated at the state level and specialize in holding and managing assets on behalf of individuals, families, or institutions. Their traditional role includes managing trusts, estates, and providing custodial services for various types of assets, from real estate and equities to precious metals. Here’s why Commissioner Uyeda’s focus on these entities for Bitcoin custody is relevant: Existing Regulatory Framework: State trust companies already operate under established regulatory and fiduciary duties tailored to asset custody. Experience with Complex Assets: While digital assets are new, trust companies are experienced in securely holding and managing diverse and sometimes complex asset classes. Client Relationships: They often serve high-net-worth individuals and institutions already interested in digital asset exposure. State-Level Innovation: Some states have been proactive in developing frameworks for digital assets, potentially offering clearer pathways than federal routes in certain instances. Allowing these entities a clear path for Bitcoin custody could leverage existing infrastructure and expertise, potentially providing a familiar and regulated option for investors seeking secure storage for their digital assets. Exploring Potential Benefits and Challenges of Expanded Crypto Custody Rules Commissioner Uyeda’s suggestion, if adopted or acted upon by the SEC, could bring several benefits, but it also presents potential challenges that need careful consideration. Potential Benefits: Enhanced Investor Protection: State trust companies are subject to rigorous audits, capital requirements, and fiduciary standards, which could offer a higher level of security and accountability for custodial services compared to some unregulated or less-regulated options. Increased Clarity: Clearer crypto custody rules from the SEC regarding state-chartered entities would reduce regulatory ambiguity, making it easier for trust companies to enter the market. Facilitating Traditional Finance Entry: Providing a clear regulatory on-ramp could encourage more traditional financial institutions, including banks and trust companies, to offer digital asset services, bridging the gap between traditional finance and crypto. Driving Institutional Crypto Adoption: A major hurdle for institutions entering the crypto space is the lack of regulated, secure, and scalable custody solutions they are comfortable with. Allowing state trust companies could significantly boost institutional crypto adoption . Competition and Innovation: Increased participation from established financial players could foster competition and drive innovation in secure digital asset custody solutions. Potential Challenges: Regulatory Overlap and Conflict: Navigating the intersection of state-level regulation and federal SEC crypto regulation could still be complex. Ensuring consistent standards and avoiding regulatory arbitrage is crucial. Technical Expertise: While experienced in traditional custody, trust companies would need to develop or acquire specialized technical expertise in managing private keys, securing digital wallets, and navigating blockchain technology. Security Risks: Digital assets face unique security threats (hacking, protocol risks) that differ from traditional assets, requiring specialized infrastructure and protocols. Varying State Laws: Regulations for trust companies and digital assets vary from state to state, which could create a fragmented national landscape for crypto custody services. SEC’s Jurisdiction: The extent of the SEC’s authority over non-security digital assets and the custody thereof remains a debated topic, which could impact the implementation and effectiveness of any new rules. Impact on Institutional Crypto Adoption One of the most significant potential impacts of clearer crypto custody rules for entities like state trust companies is on institutional crypto adoption . Large financial institutions, asset managers, and corporate treasuries require highly secure, compliant, and insured custody solutions before they can commit significant capital to digital assets. Traditional finance operates within a framework where asset segregation, security audits, and regulatory oversight are standard. The ability to use a familiar entity like a state-chartered trust company for Bitcoin custody could lower the barrier to entry for these players. It provides a level of comfort and trust that is often missing when relying solely on crypto-native startups, many of which do not have the same long history or regulatory background. Increased institutional crypto adoption driven by improved custody options could lead to greater market liquidity, stability, and mainstream acceptance of digital assets. It’s a critical piece of the puzzle for the continued maturation of the crypto market. What’s Next for State Trust Companies and Bitcoin Custody? Commissioner Uyeda’s comment is a significant signal, but it is just that – a comment from one commissioner. It doesn’t instantly change SEC crypto regulation or establish new crypto custody rules . However, it does highlight an area where regulatory clarity is needed and suggests a potential path forward that leverages existing, regulated financial infrastructure. The next steps would likely involve: Further discussions and potentially formal proposals within the SEC regarding digital asset custody. Coordination (or lack thereof) between the SEC and state financial regulators. State trust companies assessing the technical and regulatory requirements to offer these services. Industry participants advocating for clear and workable rules. The journey towards fully integrated and regulated Bitcoin custody solutions for traditional finance is ongoing. Commissioner Uyeda’s statement represents a notable voice advocating for a specific, potentially effective, approach. Conclusion: SEC Commissioner Mark Uyeda’s suggestion to allow state-chartered trust companies to custody Bitcoin and other cryptocurrencies is a noteworthy development in the ongoing discussion about digital asset regulation in the U.S. By potentially leveraging the existing framework and expertise of these traditional financial entities, the SEC could help provide clearer crypto custody rules , enhance investor protection, and significantly boost institutional crypto adoption . While challenges related to regulatory coordination and technical requirements remain, this perspective offers a promising avenue for integrating digital assets more seamlessly and securely into the broader financial system. The path forward requires careful consideration and collaboration among regulators and industry participants to build robust and trustworthy infrastructure for the future of finance. To learn more about the latest Bitcoin custody and crypto regulation trends, explore our articles on key developments shaping institutional crypto adoption and market structure.

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Ethereum bounces back! 3 reasons why ETH’s bull run is on the horizon

Ethereum’s buzzing—more activity, devs locked in, charts looking sharp. A fresh rally could be brewing.

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Ethereum Up 12% In a Week, but Derivatives Data Suggests Caution

Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs of sustained strength or renewed volatility. Despite this short-term rise, ETH remains approximately 63% below its all-time high of $4,878 reached in 2021, highlighting the broader downturn that has characterized the Ethereum market since late 2021. Related Reading: Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming? Ethereum Derivative Exchange Inflows Point to Potential Volatility Recent on-chain data and exchange flows suggest Ethereum’s price trajectory may be influenced by broader macro factors and strategic trading behavior. Among the latest observations is a notable surge in ETH sent to derivative exchanges, a metric often linked to increased speculative activity or changes in trader positioning. This trend, coupled with key political developments in the US, has raised new questions about what might be next for Ethereum and the wider crypto market. According to an analysis by Amr Taha, a contributor on CryptoQuant’s QuickTake platform, Ethereum has recorded unusually large inflows to derivative exchanges in the past 48 hours, with one spike exceeding 80,000 ETH. Historically, such inflows are seen ahead of periods of increased volatility, as traders shift assets to leverage positions or hedge against expected price movements. While not a definitive predictor of direction, this behavior suggests rising expectations of short-term market activity. Taha’s analysis notes that the inflow coincided with a recent political statement from US President Donald Trump, who confirmed he has no intention of removing Federal Reserve Chair Jerome Powell. This announcement was interpreted by markets as a signal that the Fed will continue to operate independently, easing concerns about political interference in monetary policy. Taha notes that given how closely crypto markets respond to central bank tone and economic indicators, this development added a layer of macro stability to a market already reacting to technical signals. BTC Whale Activity and Derivatives Data Suggest Tactical Shifts While Ethereum-specific data remains the primary focus, Taha also highlighted key movements in Bitcoin markets that may have indirect effects on ETH. On April 23, over $600 million worth of BTC was transferred from whale wallets to exchanges, marking the largest single-day BTC inflow in several weeks. This came after a breakout in the BTC/GBP pair, which triggered significant short liquidations. According to Taha, the large BTC transfer may reflect a setup where late long entries could face downside risk if selling pressure intensifies. For Ethereum, this backdrop raises the possibility of a short-term retracement, especially if correlated selling occurs across major digital assets. Related Reading: Ethereum Flashes Bullish Golden Cross – Is A Major Rally On The Horizon? A buildup of long positions sitting just below current price levels, paired with newly added exchange supply, introduces liquidity zones that the market may test. As a result, both BTC and ETH could see increased volatility in the near term, driven by stop-loss hunts or profit-taking activity. Featured image created with DALL-E, Chart from TradingView

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Crypto News Today Live : Crypto tax , Bitcoin Price, Pi Network Listing, XRP News, Dogecoin Price

The post Crypto News Today Live : Crypto tax , Bitcoin Price, Pi Network Listing, XRP News, Dogecoin Price appeared first on Coinpedia Fintech News April 26, 2025 06:34:55 UTC Crypto Fear and Greed Index Currently, the Crypto Fear and Greed Index stands at 53, indicating a neutral sentiment in the market. Over the past month, the market moved from fear (34) to neutrality, showing improving confidence among investors. The highest sentiment was extreme greed (88) on November 21, 2024, while the lowest was extreme fear (15) on March 11, 2025. When the Fear and Greed Index was high, Bitcoin prices surged above $100K, while during periods of extreme fear, prices dropped significantly.

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The 3 Best Cryptos To Buy Before the Next Bull Run

The post The 3 Best Cryptos To Buy Before the Next Bull Run appeared first on Coinpedia Fintech News As the next bull run nears, investors are weighing their best options. On the list of the best cryptos to buy, three tokens stand out: FXGuys ($FXG), Stellar (XLM), and Hedera (HBAR). However, the true winner among the three is FXGuys, a new crypto trading platform that holds massive growth promise, excellent benefits, and incredible utility, securing its top spot among the best cryptos to buy before the next bull run begins. >>>JOIN FXGUYS HERE FXGuys: The New Crypto Trading Platform That Everybody Wants It might come as a surprise that a new crypto trading platform is at the top of the list of the best cryptos to buy before the next bull run starts. But once you take a closer look at FXGuys, you will not only understand why it is at the top but you will also agree with its placement. The FXGuys may be new, but it brings solutions to problems that go back years. First off, this new crypto trading platform provides same-day payouts and unlimited withdrawals, solving the years-long issues traders have had with payout delays. These two features also allow traders to manage their earnings as they wish, providing them with the flexibility they have long been waiting for. Another major factor that has made the $FXG public presale one of the most popular on the market is the free trial FXGuys launched for its BETA trading platform. This allows investors and traders to try out the FXGuys before investing in it. This is quite an uncommon move for a DeFi presale, as most wait for it to be over before realizing anything. As a result, this move by the FX Guys is not only a show of confidence but a testament to the quality and smooth service this new crypto trading platform offers. FXGuys also provides excellent terms for traders who need funding, like an 80/20 profit split and access to $500,000 in funds. This way, funded traders can make thousands in profits with just one FX Guys account. This new crypto trading platform also offers great rewards. One of them is the FXGuys Trade2Earn program which allows traders to earn $FXG tokens by making trades. Another is the FX Guys staking rewards program, which traders can use to stake their $FXG tokens, earning a share of the FXGuys trading volume and fees in return. So, after learning more about this new crypto trading platform, it is clear why it has secured its spot at the top of the best cryptos to buy list. And as the next bull run approaches, investors are eager to join this amazing project before $FXG enters its next presale stage and its price rises. Stellar At a Make-Or-Break Point Stellar is facing uncertain waters at the moment. As XLM hits its current price level, the Stellar community is left wondering whether the XLM price is going to go up or down from here. Experts say that XLM will need strong whale activity if it wants to break above $0.5 before the next bull run. However, they say that this might prove to be difficult, as XLM has formed a bearish price pattern. So, much to the disappointment of the Stellar community, experts believe that if the bearish XLM pattern materializes, Stellar could see its native XLM token crash by 30%. Many Stellar holders are still holding strong, believing that XLM is not only one of the best cryptos to buy right now but that it will also experience a rally before the next bull run. However, most Stellar holders are not that confident, opting to invest in FXGuys instead as this new crypto trading platform shows promise and potential XLM currently cannot match. Will Hedera Reach $0.2 Before the Next Bull Run? After HBAR lost over 19% of its value in the past week, things seem to be looking up for Hedera. Namely, the Hedera community and experts alike have noticed strong buying pressure surrounding HBAR. Currently, the HBAR price is facing a critical resistance level at $0.19. If the Hedera community manages to band together and push the HBAR price to break above this resistance, HBAR could see a 40% increase in its price. On the other hand, if Hedera holders do not manage to sustain an upward momentum, the HBAR price could drop below $0.17 before the next bull run. Experts say that, due to the lack of interest from outside investors in Hedera, the second scenario is most likely to happen. And by the looks of it, many Hedera holders agree with this sentiment, choosing to jump ship and take their money to the $FXG presale in search of bigger and more stable gains. >>>JOIN FXGUYS HERE $FXG: One of the Best Cryptos To Buy In 2025 With all the perks and amazing utility it offers, it’s no surprise that $FXG has become one of the best cryptos to buy even before it launches on exchanges. Currently in Stage 3 of its presale, $FXG is available at $0.05. However, as this presale stage nears its end, $FXG will soon enter Stage 4 of its presale, where its price will go up to $0.06. Once $FXG reaches $0.10 and launches on exchanges, experts predict a huge rally for the token. They predict that $FXG will rise by 100x before Q2 of 2025, delivering massive gains to its holders. So, if you want to secure such gains for yourself, head over to the $FXG presale and stock up! To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit

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XRP ETF: Brazil Unlocks Historic First Crypto ETF Launch

Get ready for some exciting news from the world of digital assets! A major milestone has just been reached that could significantly impact how institutional investors access the XRP market. The world’s first ever XRP ETF has officially launched, and it’s happening in Brazil. XRP ETF: A Historic Launch on the Brazil Stock Exchange The buzz is real. Hashdex, a prominent player in the crypto asset management space, has just made history. Their XRP ETF , known by the ticker symbol XRPH11, commenced trading today on the Brazil Stock Exchange , also known as B3. This isn’t just another fund; it’s the very first exchange-traded fund globally that focuses specifically on XRP. The approval for this groundbreaking fund came in February, paving the way for its debut this week. The structure of XRPH11 is designed with a clear focus: it will invest a minimum of 95% of its assets directly or indirectly in XRP. This high allocation ensures that investors in XRPH11 gain significant exposure to the performance of the XRP digital asset. Why is this such a big deal? For years, the financial world has been eyeing ways to bridge the gap between traditional finance and cryptocurrencies. ETFs are a familiar and regulated investment vehicle for institutions and retail investors alike. The launch of an XRP ETF on a major regulated exchange like the Brazil Stock Exchange represents a significant step towards mainstream acceptance and accessibility for XRP. Hashdex: Pioneering Crypto Investment Products Who is behind this innovative product? Hashdex is the asset manager responsible for bringing the XRPH11 to market. They have been at the forefront of creating regulated crypto investment products in Brazil and other markets. Their experience in navigating the regulatory landscape and structuring funds that meet institutional requirements is crucial for such a launch. Hashdex’s move into the XRP space follows their previous successes in the crypto ETF market. Brazil, in fact, has been a pioneering country in this regard. Last year, the Brazil Stock Exchange also saw the launch of the world’s first Solana ETF, also facilitated by Hashdex. This track record demonstrates Brazil’s progressive stance on crypto regulation and Hashdex’s commitment to expanding investment opportunities in the digital asset class. The decision by Hashdex to launch an XRP-focused fund signals growing confidence in XRP as an investable asset and acknowledges the demand from investors looking for regulated exposure beyond just Bitcoin and Ethereum. Institutional Adoption: Why This Matters for XRP The primary target audience for the XRPH11 fund is institutional adoption . While retail investors can also access ETFs, the structure and regulatory wrapper make them particularly attractive to large financial institutions, wealth managers, and corporate treasuries. Here’s why this launch is significant for fostering Institutional Adoption : Regulatory Clarity: Investing in a regulated ETF on a traditional stock exchange offers a level of regulatory clarity and compliance that direct crypto holdings might lack for some institutions. Ease of Access: Institutions can buy and sell ETF shares through their existing brokerage accounts, simplifying the process compared to setting up crypto wallets or accounts on various exchanges. Custody Handled: The ETF structure means the asset manager (Hashdex) handles the complexities and security risks associated with storing the underlying XRP, a major concern for institutions. Familiar Structure: ETFs are a well-understood investment vehicle, making it easier for investment committees and compliance departments within institutions to approve allocations. Increased Institutional Adoption through products like the XRPH11 could potentially bring significant capital into the XRP market, leading to increased liquidity and potentially impacting price discovery. It also lends further legitimacy to XRP as a recognized asset class within traditional finance. The Global Crypto ETF Landscape and Future Implications The launch of the first XRP ETF in Brazil is not happening in isolation; it’s part of a larger global trend towards integrating cryptocurrencies into traditional financial markets via ETFs. While the U.S. has seen the approval of Bitcoin ETFs, the regulatory path for altcoin ETFs, including XRP, has been less clear and often subject to significant debate. The performance and trading volume of XRPH11 on the Brazil Stock Exchange will be closely watched by market participants and regulators worldwide. According to a report by BeInCrypto, while the initial trading volume figures for XRPH11 are not yet publicly available, the fund’s performance and the level of investor interest it garners could provide valuable insights. Specifically, these insights could be particularly relevant for jurisdictions like the United States, where discussions around approving altcoin ETFs are ongoing but have faced hurdles. A successful, well-performing XRP ETF in a regulated market like Brazil could serve as a compelling case study, demonstrating market demand and the feasibility of managing such a product within a regulated framework. The approval process for crypto ETFs varies significantly by country. Here’s a simplified look at the landscape: Country/Region Status of Crypto ETFs Examples Brazil Approved (Bitcoin, Ethereum, Solana, XRP, Multi-crypto) Hashdex Crypto Index ETF, QR Capital Bitcoin ETF, Hashdex XRP ETF (XRPH11) Canada Approved (Bitcoin, Ethereum, Multi-crypto) Purpose Bitcoin ETF, CI Galaxy Ethereum ETF Europe (various exchanges) Approved (ETPs/ETNs for various cryptos including Bitcoin, Ethereum, Solana, etc.) CoinShares Physical Bitcoin, 21Shares Ethereum ETP United States Approved (Bitcoin Spot & Futures) BlackRock iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBTC) Australia Approved (Bitcoin, Ethereum) Various funds on Cboe Australia This table highlights that Brazil is among the leaders in offering a diverse range of crypto ETFs, including now the first dedicated XRP ETF . Potential Benefits and Challenges Ahead While the launch is undoubtedly positive, it’s important to consider both the potential benefits and the challenges that lie ahead for the XRPH11 and the broader trend of Crypto ETF launches. Potential Benefits: Increased legitimacy and awareness for XRP. New avenue for capital inflow from traditional finance. Potential for reduced price volatility due to increased liquidity (though this is not guaranteed). Provides a regulated option for investors who are uncomfortable with direct crypto ownership. Potential Challenges: Market volatility of XRP itself, which will directly impact the ETF’s performance. Regulatory uncertainties in other major markets (like the US) could limit global impact. Competition from other investment products or direct crypto ownership. Educating traditional investors about XRP and the nuances of crypto ETFs. The success of XRPH11 will depend on investor demand, market conditions, and the ongoing evolution of the regulatory landscape for cryptocurrencies worldwide. It serves as a crucial experiment and a potential catalyst for further approvals elsewhere. Conclusion: A Landmark Moment for XRP and Crypto ETFs The launch of the world’s first XRP ETF by Hashdex on the Brazil Stock Exchange is a truly historic moment for the cryptocurrency market. It represents a significant step forward for Institutional Adoption of XRP and highlights Brazil’s leading role in creating regulated investment products for digital assets. While challenges remain, particularly in terms of global regulatory harmonization, the XRPH11 offers a new, accessible pathway for traditional investors to gain exposure to XRP. This development could provide valuable data and inspiration for other countries considering similar funds, potentially accelerating the integration of altcoins into the mainstream financial system. The crypto world watches with anticipation to see how this pioneering Crypto ETF performs and the doors it might open for the future. To learn more about the latest crypto market trends and institutional adoption, explore our articles on key developments shaping the digital asset landscape.

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Whale Moves $3.38 Million in TRUMP: Major Withdrawals from Binance and Bybit

On April 26th, COINOTAG News highlighted significant activity in the cryptocurrency market, specifically involving a large-scale investor. According to data from LookIntoChain, a notable whale wallet executed withdrawals of 229,694

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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. 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} } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: '84ba6abe30', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); FAQs Is Bonk (BONK) a good buy now? 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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