Summary ⚈ McGlone warns a crypto crash could signal looming economic turmoil and deflation. ⚈ Market indicators point to fragility, with Bitcoin’s strength crucial to broader stability. ⚈ Analysts fear a 2025 recession driven by trade tariffs and tightening liquidity. Bloomberg Senior Commodity Strategist Mike McGlone has asserted that a cryptocurrency crash could signal looming economic turmoil and a deflationary period unlike any in recent history. Drawing on historical parallels like the 1929 United States stock market crash , Japan’s 1989 bubble, and the early 2000s Dot-com bubble , McGlone suggested that the crypto market’s current fragility might be an early indicator of deeper systemic issues, he said in an X on April 26. McGlone pointed to the 200-day moving average ( MA ) of the U.S. Treasury 10-year yield, which is now on the verge of turning lower after reaching its highest levels in nearly two decades. Cryptos have stalled vs. beta may lead deflation. Source: Bloomberg Intelligence “If cryptos break down, it might be a canary in the coal mine for deflation worthy of the inflation on the back of the biggest money pump in history,” he said. Reversing gains Regarding the current market’s fragility, specifically Bitcoin’s ( BTC ) unique role, he cautioned that the asset’s historic rally, which began in 2009 as the stock market bottomed, could now be reversing. When a highly speculative risk asset has to go up, what's the risk? Bitcoin began trading in 2009 when the stock market bottomed, but that historic run could be reverting. Now there's 14-million cryptos noted on CoinMarketCap, most of which depend on Bitcoin to go up for… pic.twitter.com/ZsCLvddijx — Mike McGlone (@mikemcglone11) April 26, 2025 Adding to concerns is the explosive growth in the number of cryptocurrencies, many of which rely heavily on Bitcoin’s strength for survival. Furthermore, he noted that the massive liquidity injections during the pandemic years created one of the largest money pumps in history, inflating asset prices across the board. Thus, a crash in crypto markets could be the first sign that the era of easy money is over, potentially triggering a sharp asset deflation and broader market turmoil. The strategist’s caution comes at a unique moment when cryptocurrencies seek to hit new highs after largely remaining in a consolidated state amid the tariff-induced downturn. Indeed, as signs emerged that the United States might be reaching a deal with China, Bitcoin, alongside stocks, traded higher, with the maiden digital currency surpassing the $90,000 mark. As of press time, BTC was trading at $94,089 with modest losses of less than 0.1% over the last 24 hours, while on the weekly chart, BTC is up over 11%. Bitcoin seven-day price chart. Source: Finbold Nevertheless, analysts remain concerned about a possible market downturn , warning of a potential recession in 2025 driven by uncertainty from the trade tariffs. Featured image via Shutterstock The post Why crypto crash could be the ‘canary in the coal mine’ for economy appeared first on Finbold .
AI-driven tools are helping people track—and potentially reverse—their biological age for longevity. Here's a look at the growing trend.
Crypto thrives on early action and smart timing—and as we approach Q2 2025, key names like Bitcoin (BTC) , Solana (SOL) , and XRP are drawing strong attention. Yet under the surface, another project is rapidly building momentum: MAGACOINFINANCE . For investors focused on strategic positioning, this rising altcoin is quickly becoming one of the most compelling early-stage setups of the coming cycle. MAGACOINFINANCE Is Being Watched for Powerful ROI Potential What separates MAGACOINFINANCE is not just its structure—it’s the organic growth and strategic rollout that early analysts are flagging. With disciplined expansion and growing wallet activity, it’s entering the critical phase where major returns are built before mass exposure. Current market sentiment projects MAGACOINFINANCE for a possible for a breakout as market conditions shift more favorably into Q3 2025 as the project moves into wider listings and broader adoption. Those who recognize its setup now could be positioning ahead of one of 2025’s major success stories. Other Major Movers: XRP, SOL, KAS, and TRX XRP continues leading cross-border payment solutions with high institutional interest. Solana (SOL) dominates the conversation around high-speed blockchain performance. Kaspa (KAS) is earning attention for its innovative blockDAG technology. TRON (TRX) remains strong as a decentralized application platform across emerging markets. While all major players, none currently offer the rare stealth-phase entry that MAGACOINFINANCE provides for strategic investors. Final Word The next cycle’s biggest winners won’t just be the obvious names—they’ll include the projects smart investors spotted early. With Bitcoin, Solana, and XRP commanding the current headlines, MAGACOINFINANCE is positioning as the project few are watching today but many could be chasing tomorrow. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Will MAGACOINFINANCE.COM Outpace SOLANA, XRP, and BITCOIN Over Q2 2025?
From steps to sleep, these apps use health data to estimate biological age and try to boost your longevity.
Opinion by: Hedi Navazan, chief compliance officer at 1inch Web3 needs a clear regulatory system that addresses innovation bottlenecks and user safety in decentralized finance (DeFi). A one-size-fits-all approach cannot be achieved to regulate DeFi. The industry needs custom, risk-based approaches that balance innovation, security and compliance. DeFi’s challenges and rules A common critique is that regulatory scrutiny leads to the death of innovation, tracing this situation back to the Biden administration. In 2022, uncertainty for crypto businesses increased following lawsuits against Coinbase, Binance and OpenSea for alleged violations of securities laws. Under the US administration, the Securities and Exchange Commission agreed to dismiss the lawsuit against Coinbase , as the agency reversed the crypto stance, hinting at a path toward regulation with clear boundaries. Many would argue that the same risk is the same rule. Imposing traditional finance requirements on DeFi simply will not work from many aspects but the most technical challenges. Openness, transparency, immutability, and automation are key parameters of DeFi. Without clear regulations, however, the prevalent issue of “Ponzi-like schemes” can divert focus from effective innovation use cases to conjuring a “deceptive perception” of blockchain technology. Guidance and clarity from regulatory bodies can reduce significant risks for retail users. Policymakers should take time to understand DeFi’s architecture before introducing restrictive measures. DeFi needs risk-based regulatory models that understand its architecture and address illicit activity and consumer protection. Self-regulatory frameworks cultivate transparency and security in DeFi The entire industry highly recommends implementing a self-regulatory framework that ensures continuous innovation while simultaneously ensuring consumer safety and financial transparency. Take the example of DeFi platforms that have taken a self-regulatory approach by implementing robust security measures, including transaction monitoring, wallet screening and implementing a blacklist mechanism that restricts a wallet of suspicion with illicit activity. Sound security measures would help DeFi projects monitor onchain activity and prevent system misuse. Self-regulation can help DeFi projects operate with greater legitimacy, yet it may not be the only solution. Clear structure and governance are key It’s no secret that institutional players are waiting for the regulatory green light. Adding to the list of regulatory frameworks, Markets in Crypto-Assets (MiCA) sets stepping stones for future DeFi regulations that can lead to institutional adoption of DeFi. It provides businesses with regulatory clarity and a framework to operate. Many crypto projects will struggle and die as a result of higher compliance costs associated with MiCA, which will enforce a more reliable ecosystem by requiring augmented transparency from issuers and quickly attract institutional capital for innovation. Clear regulations will lead to more investments in projects that support investor trust. Anonymity in crypto is quickly disappearing. Blockchain analytics tools, regulators and companies can monitor suspicious activity while preserving user privacy to some extent. Future adaptations of MiCA regulations can enable compliance-focused DeFi solutions, such as compliant liquidity pools and blockchain-based identity verification. Regulatory clarity can break barriers to DeFi integration The banks’ iron gate has been another significant barrier. Compliance officers frequently witness banks erect walls to keep crypto out. Bank supervisors distance companies that are out of compliance, even if it’s indirect scrutiny or fines, slamming doors on crypto projects’ financial operations. Clear regulations will address this issue and make compliance a facilitator, not a barrier, for DeFi and banking integration. In the future, traditional banks will integrate DeFi. Institutions will not replace banks but will merge DeFi’s efficiencies with TradFi’s structure. Recent: Hester Peirce calls for SEC rulemaking to ‘bake in’ crypto regulation The repeal of Staff Accounting Bulletin (SAB) 121 in January 2025 mitigated accounting burdens for banks to recognize crypto assets held for customers as both assets and liabilities on their balance sheets. The previous laws created hurdles of increased capital reserve requirements and other regulatory challenges. SAB 122 aims to provide structured solutions from reactive compliance to proactive financial integration — a step toward creating DeFi and banking synergy. Crypto companies must still follow accounting principles and disclosure requirements to protect crypto assets. Clear regulations can increase the frequency of banking use cases, such as custody, reserve backing, asset tokenization, stablecoin issuance and offering accounts to digital asset businesses. Building bridges between regulators and innovators in DeFi Experts pointing out concerns about DeFi’s over-regulation killing innovation can now address them using “regulatory sandboxes.” These dispense startups with a “secure zone” to test their products before committing to full-scale regulatory mandates. For example, startups in the United Kingdom under the Financial Conduct Authority are thriving using this “trial and error” method that has accelerated innovation. These have enabled businesses to test innovation and business models in a real-world setting under regulator supervision. Sandboxes could be accessible to licensed entities, unregulated startups or companies outside the financial services sector. Similarly, the European Union’s DLT Pilot Regime advances innovation and competition, encouraging market entry for startups by reducing upfront compliance costs through “gates” that align legal frameworks at each level while upgrading technological innovation. Clear regulations can cultivate and support innovation through open dialogue between regulators and innovators. Opinion by: Hedi Navazan, chief compliance officer at 1inch. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
At just $0.025, Mutuum Finance (MUTM) is turning heads with bold predictions and big-money backing. While most altcoins fight for incremental gains, MUTM is gunning for a 50x return, which would catapult it to $1.25 in just two months. Mutuum Finance (MUTM) resides within Phase 4 of its presale period before it advances to Phase 5. The price of MUTM token will climb to $0.03 during Phase 5 closing a milestone at the conclusion of existing Phase 4. From its launch the project managed to secure 9100 investors who contributed $7.2 million in funding. Though high-reward plays come with risk, MUTM’s trajectory has many questioning whether they are looking at the next lightning-fast crypto moonshot. The Mutuum Finance team has just introduced a new dashboard featuring a leaderboard that highlights the top 50 holders, who will earn bonus tokens for maintaining their position in the top 50. Mutuum Finance: Shaping the Next Generation of DeFi Lending Mutuum Finance attracts major investor interest through its unique method of decentralized financing. Users can benefit from the combined Peer-to-Contract (P2C) and Peer-to-Peer (P2P) framework which creates a dual-lending system that provides users with adaptive control together with improved efficiency. The lending process in P2C is managed by smart contracts which accept USDT in liquidity pools while providing loan backing through ETH. The P2P model gives users complete control over their loan management which provides increased privacy alongside self-directed autonomy. Mutuum Finance provides a high-yield DeFi platform through its adaptive operations alongside liquidity provider returns exceeding 10% which makes it both profitable and easy to use. Boosting Adoption Through a $100K Community Giveaway Mutuum Finance has initiated a $100K prize drive where ten investors receive worth of $10K Mutuum Finance tokens each. These motivating measures attract present platform users while boosting community growth through person-to-person participation and raised membership. The move serves as a strategic method that enhances exposure while promoting genuine user expansion. Security is built into Mutuum Finance by design. The system offers a fully collateralized Ethereum-backed USD-pegged stablecoin to offer long-term stability and avoid volatility common in algorithmic designs. Regular smart contract audits and offering financial transparency build trust with users and counter common vulnerabilities for DeFi protocols. In this setup, Mutuum Finance offers a sensible and trustworthy option for serious long-term investors. Phase 4 Presale: A Timely Entry into a Promising DeFi Project Early-stage investors now have a limited-time chance to acquire Mutuum Finance tokens at just $0.025 in the ongoing Phase 4 of the presale. As the token is expected to climb incrementally to $0.06 by the final phase, current participants could realize returns of up to 140% even before the token hits the open market. With a growing ecosystem and expert projections pointing to a potential post-launch price of $2, Mutuum Finance is being positioned as one of 2025’s breakout DeFi projects. The presale has already generated over $7.2 million in market cap, a strong signal of investor faith and long-term potential. Mutuum Finance has already raised over $7.2 million from more than 9,100 early investors, demonstrating serious traction in a crowded market. Its innovative dual-lending model, stablecoin-backed ecosystem, and aggressive community incentives set it apart as a DeFi disruptor with real staying power. At just $0.025 in Phase 4 of its presale, and with a projected launch price of $0.06, early participants can secure up to 140% ROI before public trading even begins. For those looking to move beyond the limitations of traditional meme coins and secure a front-row seat in the next major DeFi breakthrough, now is the time to act. Head to the official Mutuum Finance website and join the presale before Phase 4 ends. Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Reddit Points surged more than 45% on Sunday after new disclosures revealed that New York-based Totem Point Management LLC purchased a stake in the company during the fourth quarter worth approximately $1.273 million. The sharp upward trend highlights growing investor excitement not only around Reddit’s broader platform growth but also its unique blockchain-based Community Points system. Reddit Points, which allow users to earn, own, and spend blockchain tokens based on their contributions to certain subreddits, have become an increasingly important piece of the company’s ecosystem. You might also like: Reddit tokens surged over 15% pre-IPO Unlike traditional “karma” on Reddit, Points are decentralized — meaning users actually own them and can store them in crypto wallets, tip others, unlock special memberships, and even trade them. Communities like r/CryptoCurrency (with its “Moons” token ) have led to adoption. See the seven-day trend below. Source: CoinGecko There’s also r/FortNiteBR, which rallied over the past week: Source: CoinGecko The rally also reflects broader market dynamics, as crypto assets have been buoyed by a mix of institutional interest, optimism around blockchain-based social networks, and the social media company’s recent initial public offering . Investors appear to view Community Points as a potential “sleeper asset” that could drive new engagement models in the evolving creator economy. Read more: Reddit co-founder joins bid to buy TikTok and bring it on-chain
Summary CleanSpark is a compelling buy due to increased production, reduced mining costs, and a strong Bitcoin treasury, despite recent price volatility. CleanSpark's March production hit a record 706 Bitcoins, with plans to boost capacity by 18% by mid-2025. The company's cost per Bitcoin mined has dropped to $34k, enhancing gross margins and operational efficiency. CleanSpark trades at a modest 4.8x EV/adjusted EBITDA multiple, offering significant upside potential if Bitcoin prices stabilize or rise. The stock market isn't the only asset class that has seen a major relief rally over the past week: cryptocurrencies have joined in on the party too, and as of the time of writing, Bitcoin has rallied back very close to the critical $100k threshold. This upswing benefits crypto miners, which are still shaken by recent price volatility. CleanSpark ( CLSK ), one of the most notable and publicly traded miners, is still down ~5% since January and down ~50% over the past year. The question for investors now is: is CleanSpark overdue its rebound? Data by YCharts I last wrote a bullish note on CleanSpark in January, when the stock was trading higher at ~$10 per share (and when Bitcoin was also trading at similar ~$95k levels). Given price stabilization in the crypto market, plus new operational improvements on CleanSpark's end that are allowing CleanSpark to produce more Bitcoin at a lower cost, I'm reiterating my buy rating on CleanSpark. Increasing capacity, lowering cost Let's start with the obvious: Bitcoin prices are outside of CleanSpark's control, and while the stock will always see correlation with the broader crypto market, investors who have a long-term belief in the durability of Bitcoin's relevance and market value should focus on CleanSpark's operational progress, which is where management is focusing its attention as well. CleanSpark just reported mining results for the month of March, as it does every month. CleanSpark March bitcoin production (CleanSpark March mining update) As shown in the chart above, the company produced 706 Bitcoin (worth $85.2 million, at current prices of $94k per coin). Note that this is the highest monthly production rate for CleanSpark on record. In February, the company had mined 624 Bitcoin; throughout the second half of 2024, the company had averaged between 620-605 Bitcoin per month, so this improvement translates to a ~10% increase in production. The company achieved this by adding a new low-cost facility in Wyoming, adding 2 EH/s (exahash per second, representing one quintillion "hashes" per second, which are computations that Bitcoin mining computers solve to receive blockchain rewards). As shown as well above, the company's total mining capacity is currently 42.4 EH/s, with a target to improve to 50 EH/s (a further 18% improvement) by the end of the first half of 2025. What seemingly gets less credit, however, is the fact that CleanSpark is reducing the cost per coin production as well, effectively improving its "gross margin" per Bitcoin mined. CleanSpark doesn't report mining cost each month alongside production results, but in its most recent quarter (reported February), the company noted that its fiscal Q1 (December quarter) had an average mining cost of "approximately $34,000." That's a significant improvement versus $36,250 in fiscal Q4 (the September quarter), and as long as CleanSpark continues to add mining capacity in low-cost areas such as Wyoming, where land is plentiful and energy is cheap, the company can continue to improve its marginal cost per coin. We note as well that CleanSpark barely sells any Bitcoin (only 14.2 in March at an average price of $87.7k, versus 706 produced), preferring to build up its treasury and selling only as needed to sustain operations. A business with tremendous earnings power CleanSpark is a tough business to value, given the fluctuating price of Bitcoin, its constantly changing production rate, and shifting energy costs. And yet to get a good grounding on what this business is worth, I like to construct a conservative, yet simple P&L around this company's prospects. Let's start with revenue. If we assume the company can continue running at its March production rate of 706 coins, it will produce 8,472 Bitcoins per year, or $796 million in revenue at current prices of $94k/coin. At a cost per coin of $34k, each Bitcoin would produce $60k in gross margin, or $508.3 million in gross margin dollars per year. The final piece is operating expenses. In FY24, the company reported $528.0 million in total costs, which was inclusive of $165.5 million in mining costs which we calculated separately above. CleanSpark opex (CleanSpark Q4'24 earnings release) If we take include only the true operating expenses (professional fees, payroll expense, and G&A expense) - CleanSpark's "pro forma" opex is $118.1 million, with the other costs related to depreciation/amortization and impairment not accounted for in an adjusted EBITDA figure. If we conservatively assume that CleanSpark will grow opex by ~15% in FY25 (which corresponds to its planned EH/s capacity growth through the first half), opex would be $135.8 million. This gives us an approximate adjusted EBITDA of $372.5 million ($508.3 million in gross margin dollars, less $135.8 million in pro forma operating costs excluding depreciation/amortization). This represents 52% y/y growth over $245.8 million in adjusted EBITDA in FY24. Valuation and risks/opportunities to the earnings forecast Despite operating a growing and efficient business with seemingly rich earnings potential, CleanSpark trades at very modest multiples. At current share prices near $9, CleanSpark's market cap is just $2.53 billion. Meanwhile, its latest December balance sheet showed $277.6 million in cash and investments, alongside $648.6 million in debt - or a $371.0 million net debt position. Its enterprise value, excluding the value of its Bitcoin holdings, is $2.90 billion. Of course, as we previously mentioned, CleanSpark is stingy when it comes to selling its mined Bitcoin, and it's sitting on a trove of crypto value. As of its March mining update, the company notes that it has 11,869 coins in its treasury, worth $1.11 billion at current market prices of $94k. This means that CleanSpark's true enterprise value, including the value of its Bitcoin holdings, is $1.79 billion. This means that CleanSpark trades at just a 4.8x EV/adjusted EBITDA multiple, assuming the ~50% y/y growth in adjusted EBITDA as I've laid out above. Of course, the major risk to CleanSpark's earnings power is the price of Bitcoin itself. To take an extreme example of price risk: at the absolute lowest point of the post-tariffs market volatility, Bitcoin briefly dipped to $76k before rallying back above $90k. Bitcoin price history ( coinmarketcap.com ) If prices of Bitcoin stabilize at $76k, assuming no change in mining cost, CleanSpark would shed $18k in gross margin dollars per coin mined, or $152.5 million of risk to adjusted EBITDA - or a ~40% hit to the $372.5 million adjusted EBITDA used as the basis of my valuation. Of course, this downside risk could also be upside risk, if the price of Bitcoin rallies instead of falls. Another major opportunity to this earnings forecast is that we assumed flat production to March (706 coins per month), even though CleanSpark is investing resources into increasing its capacity to 50 EH/s, 18% higher than its current March production run rate. Key takeaways To me, CleanSpark remains a very compelling buy as the company increases its production rate, cuts down on cost per coin mined, and maintains its policy of holding bitcoin for investment - leading to a sizable balance sheet. Investors are rightly nervous about recent price volatility in Bitcoin, which is likely the main cause of CleanSpark's discounted valuation. In my view, however, if you're looking for some exposure to cryptocurrency in your portfolio, this Bitcoin miner is a more solid long-term investment than Bitcoin itself, largely because of the company's track record for increasing production capacity and lowering its marginal cost of mining. Stay long here.
The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust to launch multiple XRP-related futures exchange-traded funds (ETFs), with an effective date set for April 30, 2025. The approved products, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, are designed to provide leveraged and inverse exposure based on XRP futures prices. However, the SEC has not yet approved any XRP spot ETF in the United States. There was a sudden increase in the XRP price following the news from the SEC: Chart showing the rise in XRP price. Related News: Experienced Analyst Fred Krueger Predicts the Highest Price Bitcoin (BTC) Will Reach in the Current Cycle Meanwhile, Brazil has taken the global lead in XRP investment products. On April 25, the world’s first spot XRP ETF, issued by Hashdex and managed by Genial Investimentos, began trading on Brazil’s B3 exchange. According to Hashdex, the ETF, listed under the ticker XRPH11, tracks the Nasdaq XRP Reference Price Index and will allocate at least 95% of its net assets to XRP. The fund’s structure allows for exposure through direct or indirect holdings, futures contracts that aim to replicate the performance of the index, or other financial instruments that reflect the price of XRP relative to Nasdaq’s benchmark. XRPH11 marks Hashdex’s ninth ETF offering in B3, expanding its lineup of single-asset crypto ETFs that already includes products based on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). *This is not investment advice. Continue Reading: SEC Approves Highly Anticipated XRP ETF – Price Reacts – Not Yet Approved Spot ETF on the Horizon Now
The post Ripple CEO Hints XRP Could Match Bitcoin’s Price appeared first on Coinpedia Fintech News The crypto market is starting the week with a slight pullback. XRP is currently trading around $0.617, down by 0.63% in the last 24 hours. This comes as Bitcoin has also retreated slightly after touching the $95,700 resistance level last week. Meanwhile, Bitcoin’s supply on exchanges continues to drop, which could lead to a supply crunch if demand stays strong. Some analysts believe this could eventually push prices higher. This week is also massive for the broader financial market, with about 40% of the S&P 500 companies reporting earnings. Big names like Meta, Microsoft, Amazon, and Apple will release their results. These earnings calls could influence U.S. government policies, especially if major companies express concern over economic challenges like tariffs. XRP has remained under pressure since its January peak, partly due to macro factors and regulatory uncertainty. However, recent on-chain data shows that over 838 million XRP were moved in just 24 hours—signaling strong network activity, though not necessarily immediate price gains. In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse has indirectly hinted at XRP’s potential to match Bitcoin’s price one day. Speaking about XRP’s role in solving trillion-dollar financial problems, Garlinghouse said that Ripple works closely with banks and regulators—even in uncertain environments. Brad Garlinghouse indirectly confirmed that #XRP will reach Bitcoin’s price. XRP IS THE NEXT BITCOIN pic.twitter.com/kiAvOag5DK — JackTheRippler © (@RippleXrpie) April 27, 2025 He explained that by working with the financial system instead of against it, XRP could scale globally. His comments suggest that XRP has the utility, partnerships, and long-term vision needed to eventually rival Bitcoin in value.