As Bitcoin (BTC) finally breaches the $100,000 mark following weeks of teasing, a new report from RedStone is challenging one of crypto’s most repeated mantras: BTC is a safe-haven asset similar to gold. The data-backed analysis shared with CryptoPotato suggested that Bitcoin’s best role is not as a protective hedge against inflation, but as a dynamic portfolio diversifier. The Case Against BTC as a Safe Haven RedStone’s report unpacks a year’s worth of correlation data between Bitcoin and the S&P 500 using 30-day trailing windows. While occasional negative associations did occur during short 7-day windows, fueling the chatter of Bitcoin’s decoupling from equities, the broader picture is far more nuanced. According to the oracle provider, linkage values fluctuated between -0.2 and 0.4, which is far from the strong negative link below -0.3 needed to qualify BTC as a true hedge. Despite the periods of independence influenced by “market noise,” there was no sustained inverse relationship to justify the “hedge” label. The study suggests that Bitcoin’s value lies in uncorrelated rather than anti-correlated behavior. Unlike bonds or gold, which often rise when equities fall, Bitcoin marches to its own drumbeat. According to RedStone’s analysis, this makes the world’s largest cryptocurrency by market cap a useful portfolio diversifier but an unreliable hedge against market crashes. Market Implications The firm identified two main implications for market participants. First, BTC’s low to moderate interconnection with stocks can improve risk-adjusted returns, but won’t consistently protect against market downturns. Second, investors should be wary of short-term narratives. While Bitcoin may move independently of equities sometimes, such phases tend to be temporary, making it risky to over-allocate based on fleeting correlation shifts. “If Bitcoin truly transitions to being treated as a safe-haven, risk-off asset, we’d witness the most profound asset narrative transformation in modern financial history,” noted Marcin Kazmierczak, RedStone’s co-founder & COO. “I believe that’s possible. But definitely not in such a short timespan as crypto believers would like it to be.” Meanwhile, the price of BTC is commanding headlines after surging over 33% in the past month. At the time of this writing, the flagship cryptocurrency was trading around $103,577, up 4.1% in the last 24 hours per CoinGecko. But despite the bullish momentum, it still lagged behind the broader crypto sector, with its 7.4% pump across the week failing to match the rest of the crypto market’s 8.8% seven-day rise. The post Report Debunks Bitcoin ‘Safe Haven’ Narrative, Highlights Diversification Role appeared first on CryptoPotato .
A man living in Phoenix, Arizona is heading to prison after allegedly using fraudulent accounts at JPMorgan Chase, Wells Fargo, Bank of America and BBVA to launder millions of dollars. Investigators say US resident and Nigerian citizen Kingsley Ibhadore stole nearly $3 million in a romance scheme targeting multiple women, reports FOX 10 Phoenix. The victims sent Ibhadore checks up to $100,000, believing they were in online relationships. The 37-year-old then opened two dozen bank accounts using fake passports and aliases to deposit victims’ money. “Between 2018 and 2019, court documents say Ibhadore opened 24 bank accounts through Bank of America, Chase, Wells Fargo and BBVA Compass, using different aliases and fake passports. Some names he’d use – Barry Bhoye, Celestin Cheick, Simone Diakite and Celestin Emmanuel.” Prosecutors say Ibhadore withdrew funds in amounts below federal reporting thresholds to avoid detection. U.S. Secret Service Special Agent Scott Windish says $2.95 million was taken in total, with individual victim losses ranging from $30,000 to $200,000. Ibhadore has pleaded guilty to a conspiracy charge and has been sentenced to 17 months in prison and three years of supervised release. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $2,950,000 Enters Fraudulent Accounts at JPMorgan Chase, Wells Fargo, Bank of America and BBVA in Million-Dollar Romance and Money Laundering Scheme: Report appeared first on The Daily Hodl .
The crypto community is buzzing after a bold claim from prominent XRP advocate Amelie, who took to X to suggest that David Schwartz, the current CTO of Ripple , may have been involved in the creation of Bitcoin. Amelie’s assertion is based on intriguing circumstantial evidence, which has sparked debates among enthusiasts and skeptics. The Timeline That Raises Eyebrows According to Amelie’s post, Satoshi Nakamoto’s last known communication occurred in April 2011, after which the enigmatic Bitcoin creator vanished from the public eye. In a curious coincidence, David Schwartz began working on the XRP Ledger just a month later, in May 2011. This temporal overlap has led some to question whether Schwartz, who has a long history in cryptography and blockchain development, could have been involved in Bitcoin’s early days. Satoshi’s last known communication was in April 2011. David Schwartz began working on the XRP Ledger in May 2011, shortly after Satoshi’s departure. The same people who created BTC, also created $XRP . pic.twitter.com/xaE1y9g6co — EDO FARINA 🅧 XRP (@edward_farina) May 10, 2025 Amelie’s theory hinges on the idea that the same team or individuals responsible for Bitcoin’s creation might have also played a key role in developing XRP. The implication is that Schwartz’s immediate transition from Bitcoin’s apparent conclusion to XRP’s inception might be more than just a coincidence. Could Schwartz Be Part of the Bitcoin Founding Team? David Schwartz’s credentials certainly make him a compelling candidate. As a seasoned cryptographer, Schwartz has worked on various innovative projects long before Ripple. His technical expertise and early involvement in blockchain technology add a layer of plausibility to the theory. However, Schwartz has consistently denied any direct involvement in Bitcoin’s creation, maintaining that his focus has always been building scalable and efficient payment systems, such as the XRP Ledger. Critics of Amelie’s claim argue that while the timing is interesting, it is hardly conclusive. Correlation does not equal causation, and without concrete evidence linking Schwartz to Satoshi’s identity , the theory remains speculative. Nevertheless, the debate highlights the enduring mystery surrounding Nakamoto’s true identity, a question that has fueled countless theories within the crypto space. Community Reactions and Expert Opinions Amelie’s post quickly gained traction, with the XRP community expressing intrigue and skepticism. Some supporters find the idea plausible, given Schwartz’s technical background and the apparent timeline overlap. Others, however, caution against making definitive assumptions based on circumstantial evidence. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Blockchain historian and analyst Eric D., who has extensively studied Bitcoin’s origins, weighed in on the debate. He emphasized that although Schwartz’s involvement would be notable, there’s no concrete evidence linking him directly to Nakamoto’s inner circle.. Moreover, Bitcoin’s early development involved numerous contributors, many of whom remained anonymous or pseudonymous. Why the Claim Matters Speculation around Satoshi Nakamoto’s identity is nothing new, but Amelie’s claim is noteworthy because it connects two of the most influential blockchain projects — Bitcoin and XRP. If Schwartz were proven involved in Bitcoin’s creation, it could reshape perceptions of both assets and their intertwined histories. It would also prompt a reevaluation of Ripple’s role within the broader blockchain narrative. However, the lack of concrete evidence means that, for now, this claim remains speculative. As long as Nakamoto’s identity remains unknown, theories like Amelie’s will continue to captivate the crypto community. Whether this new angle will lead to deeper investigations or fade into the background remains to be seen. Amelie’s assertion that David Schwartz may have been part of the original Bitcoin development team adds a fascinating twist to the ongoing saga of Satoshi Nakamoto’s identity. While the timing of Schwartz’s involvement with the XRP Ledger following Satoshi’s departure from the Bitcoin scene is intriguing, concrete proof is still lacking. For now, the crypto community can only speculate and continue to debate one of blockchain’s greatest mysteries. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Proponent Claims Ripple CTO Is One of Bitcoin Creators, Presents Proof appeared first on Times Tabloid .
Bitcoin (BTC) has surged above the critical $100,000 mark, trading around $103,688 at the time of writing. This milestone represents a 7.6% weekly gain, driven by a wave of institutional investments and positive macroeconomic news. Goldman Sachs, for instance, recently disclosed a $1.65 billion Bitcoin investment via exchange-traded funds (ETFs), underscoring Wall Street’s growing confidence in the long-term potential of digital assets. Goldman Sachs disclosed $1.4 billion ownership in #Bitcoin via BTC-ETF. pic.twitter.com/DQivlNytMT — cryptonews.website (@cryptonewsweb) May 10, 2025 This move aligns Goldman Sachs with major players like BlackRock and Fidelity, further validating Bitcoin as a mainstream investment. In addition to institutional interest, Japanese corporation Metaplanet Inc. has issued $21.25 million in bonds to expand its Bitcoin holdings. This bond issuance allows Metaplanet to acquire roughly 206 BTC at current market prices, reinforcing its position as one of the largest public Bitcoin holders. *Metaplanet Issues 21.25 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC * pic.twitter.com/tofk3rKMO8 — Metaplanet Inc. (@Metaplanet_JP) May 9, 2025 These actions reflect a broader trend among corporations diversifying their balance sheets with Bitcoin as a strategic asset. U.S.-U.K. Trade Deal Hints Boost Market Sentiment Adding to the bullish sentiment, hints of a potential new U.S.-U.K. trade deal are further propelling Bitcoin’s surge. U.S. President Donald Trump recently hinted at a new trade agreement between the U.S. and the U.K., which reduced market concerns over tariff uncertainties. As the U.S.-U.K. trade relationship strengthens, the overall market sentiment is lifting, and investors are turning to riskier assets like Bitcoin to capitalize on the growing optimism. TRUMP-APPROVED UK DEAL SETS THE STANDARD FOR FUTURE NEW TRADE PLANS WITH AMERICA https://t.co/wlXXhW7cGT JUST IN: President Trump has announced the "historic" details of his trade deal with the U.K.: "The deal includes a plan that will bring the United Kingdom into the… pic.twitter.com/KFm6zBIsdT — Iam Breitbart (@JacSarobahs) May 8, 2025 This news follows the U.S. Federal Reserve’s decision to maintain interest rates at 4.25%-4.50%, which has helped improve risk appetite across markets. These macroeconomic developments, coupled with easing trade tensions, have reignited investor interest in higher-beta assets like Bitcoin. Bitcoin Price Levels to Watch From a technical standpoint, Bitcoin is currently consolidating just below a critical Fibonacci resistance at $103,681. If the price breaks above this level, the next target is the 2.618 Fibonacci extension at $105,249, representing a potential 1.5% upside. However, the MACD is showing early signs of a bearish crossover, indicating the risk of a short-term pullback. Immediate Resistance: $103,681 (2.272 Fibonacci extension) Next Resistance: $105,249 (2.618 Fibonacci extension) Immediate Support: $102,448 (2.0 Fibonacci level) Next Support: $100,717 (1.618 Fibonacci level) Trade Setup: Buy Above: $103,681 Take Profit: $105,249 Stop Loss: $102,448 Strategy: Consider buying above $103,681, targeting the 2.618 extension at $105,249. Set a tight stop below $102,448 to manage downside risk, as a break below this level could trigger a deeper correction. BTC Bull Token Crosses $5.54M as Flexible 78% Staking Yield Draws Investors BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.54 million in funds raised as it nears its $6.27 million presale cap. Priced at $0.002505, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking. Utility-Driven Tokenomics Fuel Demand Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods. This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment. Current Presale Stats: USDT Raised : $5,544,498 of $6,272,266 Current Price: $0.002505 per BTCBULL Staking Pool Total: 1,342,549,903 BTCBULL Estimated Yield: 78% annually With less than $727K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle. The post Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June? appeared first on Cryptonews .
XRP investors have long enjoyed the reputation of backing a fast, scalable token that targets global payments. But after years of holding, many are now seeking new ways to generate passive income, especially options that don’t require deep technical knowledge or costly equipment. That’s where Bitcoin Solaris comes in. With its mobile-friendly mining solution and massive growth potential, it’s capturing the attention of XRP holders ready to diversify and profit. Why XRP Investors Are Looking for New Income Paths Ripple’s XRP brought powerful innovation to the table—fast transaction speeds, institutional partnerships, and cross-border payment utility. For a while, it seemed like XRP was the future of finance. But in today’s market, where passive income and ecosystem rewards are becoming the standard, XRP investors are beginning to seek out platforms that do more than just move money—they want platforms that generate it. That’s why the spotlight is shifting. While XRP remains a strong player, it’s Bitcoin Solaris that’s now offering a way for people to earn income simply by using devices they already own. No mining rigs, no wires, no headaches. Meet Bitcoin Solaris: Mobile Mining for the Masses Bitcoin Solaris (BTC-S) is a next-generation cryptocurrency built for one goal—making mining easy and profitable for everyone. Unlike traditional coins that demand expensive ASICs or complex setups, Bitcoin Solaris can be mined directly from your smartphone, laptop, or desktop when the Solaris Nova App is released. Whether you’re a teenager with an Android or a trader with a MacBook, you can mine BTC-S from anywhere in the world with just one click. What truly sets it apart is its hybrid consensus model—Proof-of-Work for base-layer security and Delegated Proof-of-Stake for speed and scalability. This gives it the trust of Bitcoin and the performance of Solana, all while slashing energy consumption by 99.95%. Even better, the smart contracts behind Bitcoin Solaris are fully audited, ensuring both safety and reliability for every miner and investor. Start Mining with What You Already Have The Solaris Nova App was built to remove every barrier standing between you and crypto mining. Here’s what you get: Cross-Platform Support: Works on iOS, Android, Windows, macOS, Linux, and even in-browser. One-Click Mining: No configuration needed—just tap and start earning. Built-In Wallet: Securely store your BTC-S in-app. Smart Adaptive Algorithm: Adjusts mining activity based on your device’s performance. Beginner-Friendly Tutorials: Learn the ropes from within the app itself. New Token, Familiar Strength—Meet BTC-S Today Whether you’re holding an old phone or a gaming PC, Bitcoin Solaris makes sure you’re not left out. The Presale Everyone Is Talking About Bitcoin Solaris isn’t just a great tech platform—it’s also delivering serious wealth potential. Current Presale Price: $2 Next Phase: $3 Launch Price: $20 Bonus This Round: 14% That’s a potential 1,900% return if you join now and hold until launch—set for July 31, 2025. And unlike year-long ICOs, Solaris is running one of the shortest presales on the market: just 90 days total. This is your limited window to 20x before public launch. And it’s not just hype—Solaris recently wrapped up Phase 1 with massive support, and the Solaris Nova app is already in private beta testing with the community. Gaining Momentum and Community Buzz The project is catching fire across the crypto space. Analysts are raving, users are excited, and influencers are taking notice. Check out this deep dive by Crypto Nitro who explains why this might be one of the best passive crypto income plays of the year. The Easiest Way to Start Building Crypto Wealth Conclusion Bitcoin Solaris is changing the way people think about mining. By making it possible with just a smartphone, it breaks the wall that used to separate tech experts from everyday users. Now, XRP holders, casual investors, and crypto newcomers all have the chance to mine, earn, and build wealth without lifting a wrench or configuring a single rig. This is your chance to move early, join a community-driven ecosystem, and earn from your phone in a way that could actually change your financial future. Don’t watch another opportunity slip by—Bitcoin Solaris is here, and it’s built for you. For more information on Bitcoin Solaris: Website: https://www.bitcoinsolaris.com/ Telegram: https://t.me/Bitcoinsolaris X: https://x.com/BitcoinSolaris
Coinbase follows a unique strategy in managing its Bitcoin holdings. The company integrates with the sector for strategic investment and risk management. Continue Reading: Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently The post Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently appeared first on COINTURK NEWS .
A sweeping shift hit the digital asset space last week as the U.S. Securities and Exchange Commission intensified its enforcement actions, triggering volatility across major altcoins. As outdated tokens lost traction, attention pivoted toward innovative platforms like Qubetics , which is engineered for cross-border scalability, real-world enterprise integration, and institutional-grade utility. This shift has dramatically recalibrated how analysts identify the top cryptocurrency to buy in the current cycle. In the middle of this realignment, Qubetics surged into the spotlight. Unlike legacy chains clinging to past successes, Qubetics addresses the actual needs of tomorrow’s decentralized economy—making it a clear frontrunner among the top cryptocurrency to buy. What makes Qubetics a decisive disruptor among the top cryptocurrency to buy this year? While projects like Cosmos and Arweave focus on modularity and storage, respectively, Qubetics approaches blockchain through the lens of real-world application. Qubetics Shines with Interoperability—Why Enterprises and Builders Are Buying $TICS Qubetics has designed its entire ecosystem around usability, compliance, and interoperability—three pillars that most legacy chains overlooked in their pursuit of theoretical decentralization. At its core is QubeQode, a proprietary development environment that streamlines smart contract deployment without demanding extensive coding knowledge. Complementing this is the Qubetics IDE, which supports intuitive dApp creation, making blockchain accessible to businesses, professionals, and technical teams alike. The Non-Custodial Multi-Chain Wallet underpins Qubetics’ real-world orientation. Supporting multiple blockchains, it allows seamless transitions between ecosystems and enables cross-border asset movement. These features aren’t theoretical—they’re designed for real deployment by real companies in need of reliable blockchain infrastructure. Presale momentum validates this model. Qubetics has: Reached Stage 33 of its crypto presale Raised $16.8 million Sold over 511 million tokens Attracted more than 26,000 holders Analysts tracking high-utility tokens believe $TICS may deliver substantial returns post-mainnet: $TICS at $1 = 334% ROI $TICS at $5 = 2071% ROI $TICS at $15 = 6414% ROI This early-stage positioning places Qubetics squarely among the top cryptocurrency to buy. The platform’s focus on compliance and ease-of-use aligns with the direction of the global regulatory environment, suggesting durability well beyond its crypto presale . Sei to Drop Cosmos Support as It Moves Toward Full EVM Integration Sei Labs has proposed a bold shift with SIP-3, aiming to phase out Cosmos-style transactions and CosmWasm contracts in favor of complete Ethereum Virtual Machine (EVM) adoption, marking a critical evolution for the Sei (SEI) blockchain. This transition would eliminate the current dual-account system—supporting both Cosmos (ATOM) and EVM addresses—streamlining the developer experience and enhancing scalability for DeFi, gaming, and real-world applications. If approved, only EVM addresses would function on the network, forcing users and infrastructure providers to migrate accordingly, while essential functions like staking and governance would be preserved through EVM precompiled. Co-founder Jay Jog cited increasing EVM dominance as a key driver behind the change, which positions Sei to better align with the broader Ethereum (ETH) ecosystem. AR.IO Enables Credit Card Payments for Permanent Web3 Identity and Hosting on Arweave AR.IO has introduced credit card payments for its decentralized domain name and web-hosting service, ArNS, marking a major step toward mainstream adoption of Web3 identity infrastructure on the Arweave (AR) blockchain. This upgrade allows users to purchase permanent domain names and hosting credits using fiat through a one-time transaction, powered by AR.IO’s open-source “Turbo” bundler. ArNS eliminates the need for renewals and centralized control, offering censorship-resistant, programmable domains that support websites, apps, and smart contract integrations. CEO Phil Mataras emphasized the importance of permanence and sovereignty in today’s volatile digital landscape, positioning ArNS as a resilient alternative to traditional DNS. How Interoperability Became the Backbone of Blockchain Success in 2025 The rise of Qubetics highlights a truth the crypto world ignored for years: Interoperability is no longer optional. As institutions, retailers, and application developers demand real functionality from blockchain, projects must offer seamless interaction between ecosystems. Qubetics has directly responded to this demand through: QubeQode: Simplifies smart contract creation across chains Multi-Chain Wallet: Supports smooth transactions across ecosystems Modular Security: Enables businesses to customize risk management Qubetics IDE: Lowers the barrier to entry for decentralized app development Conclusion: Compliance-Ready Innovation Defines the Top Cryptocurrency to Buy While Cosmos refines modular security and Arweave strengthens decentralized storage, Qubetics has taken the lead in offering a unified, compliance-aligned, business-friendly solution for 2025. Its ongoing crypto presale, record community growth, and actionable tools position it as the top cryptocurrency to buy now. For decision-makers assessing blockchain strategies, Qubetics stands out among the top cryptocurrency to buy due to its real-world utility, crypto presale affordability, and regulatory alignment. The project’s early access price of $0.2302 and projected ROI of up to 6414% make this an entry point worth attention. As capital rotates toward practical use cases, Qubetics is already proving itself the top cryptocurrency to buy before its mainnet era begins. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs What is the current price of $TICS in the Qubetics presale? The price is $0.2302 in Stage 33. How many tokens has Qubetics sold so far? Over 511 million tokens have been sold. What makes Qubetics different from Cosmos and Arweave? Its real-world utility, enterprise focus, and regulatory readiness set it apart. What’s the ROI potential of Qubetics? Analysts predict up to 6414% ROI post-mainnet. Why is interoperability important in crypto now? Regulatory and business demands require blockchains to work across ecosystems seamlessly. The post $TICS Hits 26K Holders – Top Cryptocurrency to Buy Now as Cosmos Goes Full EVM, Arweave Adds Fiat Domains appeared first on TheCoinrise.com .
President Trump just watched his biggest crypto push collapse because of his own wallet. On Thursday, the Senate rejected the GENIUS Act, a bill meant to set federal rules for stablecoins. The vote ended 48-49, with three senators missing. And no, it wasn’t party politics that killed the bill—it was Trump’s personal coin empire blowing everything up from the inside. This should’ve been one of the rare moments where Democrats and Republicans found common ground. Lawmakers had been warming up to the idea of regulating stablecoins, especially after years of gridlock under Biden. But just as the finish line got close, Trump’s $TRUMP meme coin, his wife’s $MELANIA coin, and a family-run crypto company pulled the whole thing down. Trump’s own crypto ventures kill his legislation Senator Jeff Merkley, a Democrat from Oregon, said what everyone else was thinking: “Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns or controls.” He called the setup “a profoundly corrupt scheme,” adding that it threatens national security and tears down public trust. Senator Lisa Blunt Rochester from Delaware said she couldn’t vote yes because of “ongoing self-dealing and financial conflicts of interest being carried out by the Trump family.” That includes the $TRUMP coin’s recent promo: offering dinner and a White House tour to its biggest holders. Senator Richard Blumenthal, from Connecticut, slammed it as a “pay-for-play scheme” and demanded a full investigation. He wants financial records from World Liberty Financial, a Trump-linked crypto company launched last year. That company just rolled out its own stablecoin, conveniently while the White House pushed for looser rules around the entire space. Then came the foreign angle. Reports say that Abu Dhabi-based MGX is using Trump’s stablecoin to fund a $2 billion investment in Binance, the world’s largest crypto exchange. That kind of international deal tied directly to a sitting US president is what got a chunk of Senate Democrats spooked. Four of them had supported the GENIUS Act in committee. But over the weekend, they pulled their support, calling for tougher language around money laundering, foreign actors, and security risks. Crypto industry leaders slam Trump’s interference The political disaster doesn’t stop at Congress. Earlier this week, Democrats also introduced the End Crypto Corruption Act, a new bill designed to stop elected officials, their top staff, and family members from launching or promoting any kind of crypto. It was led by Merkley and Senate Minority Leader Chuck Schumer. If it passes, it would ban Trump and his family from running the kinds of crypto projects they’ve been cashing in on since January. Senator Kirsten Gillibrand from New York, who helped draft the original GENIUS Act, turned away from the bill too. She said there were still “a number of outstanding issues” to fix before the bill could go to the floor. “I believe it is essential to the future of the US economy and to everyday Americans that we enact strict stablecoin regulations and consumer protections where none currently exist,” she said. Senator Ruben Gallego, a Democrat from Arizona, had been ready to support the legislation. But he said there wasn’t enough time left to negotiate. “Without more time to at least finish the bill, there was no true bipartisan path forward,” he posted on X. Meanwhile, fintech investors who had rallied behind Trump’s return to office are now watching their hopes burn. Ryan Gilbert, founder of Launchpad Capital, said the situation is “unfortunate” and urged the administration to stop mixing business and policy. “I would hope that everybody in the administration, including the president, gets out of the way of good policy,” Gilbert said. At a press briefing on Friday, White House press secretary Karoline Leavitt claimed that “the president is abiding by all conflict of interest laws.” She added, “The president is a successful businessman, and I think it’s one of the many reasons that people reelected him back to this office.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
An experienced analyst highlights Solana, XYZVerse, and Bitcoin as crucial assets ready for a significant rebound. Signs suggest a market turnaround could be imminent, with these cryptocurrencies potentially leading the way. Explore the factors that make them stand out and what this could mean for the broader digital asset landscape. Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project , further solidifying its appeal. Price Dynamics and Listing Plans During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges. The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization. So far, more than $13 million has been raised, and the presale is approaching another significant milestone of $15 million . This fast progress is signaling strong demand from both retail and institutional investors. Champions Get Rewarded In XYZVerse , the community calls the plays . Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price , and to rally a community of believers who believe this is the start of something legendary. Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits Solana’s SOL: The Fast Lane of Cryptocurrency Solana is a rising star in the blockchain world. It’s built for speed and can handle lots of transactions quickly. This makes it a strong foundation for decentralized apps, known as dapps. Unlike some competitors like Ethereum and Cardano, Solana doesn’t rely on complex solutions to scale up. Its native coin, SOL, is the engine that powers the whole system. SOL isn’t just for trading; it runs programs, processes transactions, and rewards people who support the network. The potential of Solana lies in its high-capacity network. Developers might find it appealing because they can build and run apps without worrying about slowdowns. In the current market, where speed and scalability are important, SOL stands out. While other coins work on improving their networks, Solana offers fast performance right now. This could make it an attractive option for those interested in the latest market trends. Comparing it to others, SOL’s focus on efficiency might give it an edge in the busy world of cryptocurrencies. Bitcoin: The Digital Revolution Transforming Money as We Know It Bitcoin is the first cryptocurrency, changing how we think about money. Created by the mysterious Satoshi Nakamoto, it allows people to send funds directly to one another without needing banks. Instead of physical coins, Bitcoin exists as a shared record on a network of computers around the world. This system, called blockchain, keeps transactions secure and transparent. Miners help verify these transactions by solving tough puzzles, earning bitcoins as rewards. Every four years, the reward for mining is cut in half—a process known as “halving”—which helps control the number of bitcoins in circulation, capped at 21 million. In today’s market, Bitcoin shows great potential. Its decentralized nature makes it independent of governments and banks, offering an alternative in uncertain economic times. While other cryptocurrencies are emerging with new features, Bitcoin remains the most widely recognized and trusted. The upcoming halving events continue to generate interest, as they can lead to increased scarcity. This scarcity, combined with growing acceptance, might make Bitcoin an attractive option compared to other digital coins. As the financial landscape evolves, Bitcoin stands out as a pioneer leading the way. Conclusion As SOL and BTC show promising recovery signs in the bull market, XYZVerse (XYZ) stands out as a pioneering sports memecoin aiming for 20,000% growth. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Continue Reading: Breakout Imminent? Top Analyst Flags Solana, XYZVerse, and Bitcoin as Key Recovery Plays!
The post Altcoins Season Incoming — Here’s Why Top Crypto Experts Belives It appeared first on Coinpedia Fintech News After a long, painful stretch for altcoins, the market is finally showing signs of recovery. Ethereum (ETH) jumped over 32% in just one week, sparking excitement across the crypto space. But as momentum builds, many investors are left wondering: should they take profits, or double down? Let’s break down what’s really driving this sudden surge and what it could mean for the months ahead. China Lights up the Rally Michael van de Poppe, a popular crypto trader and analyst, said this rally didn’t start because of anything the U.S. did. Instead, he says it all began in China. Poppe further noted that China’s central bank cut interest rates to a record low of 1.3%, and also lowered the amount of money banks need to keep in reserve. This is called quantitative easing (QE), and it often pushes more money into the market. Poppe believes this move from China gave global markets a boost, especially crypto. He pointed out that the Chinese Yuan (CNH) is getting stronger. When that happens, the U.S. Dollar gets weaker, which is usually good for Bitcoin and Ethereum. As per Poppe’s chart analysis, whenever CNH/USD goes up, ETH/BTC often rises too. FED Rate Kept Unchanged Meanwhile, the Federal Reserve’s May 7 meeting kept interest rates unchanged —no surprises there. While investors are now keeping an eye on rising unemployment and tariff tensions, which could eventually force the Fed to cut rates. If U.S. unemployment rises above 5%, the Fed might be forced to cut rates to boost economic activity. Ethereum Leading Altcoin Rally Ethereum isn’t just going up, it’s now outperforming Bitcoin by over 30%. He says this could be the early sign of an altcoin season, when smaller coins rally more than Bitcoin. Poppe also highlighted two major bullish catalysts for Ethereum: Stripe is now supporting stablecoin payments on Ethereum. The new Pectra upgrade is on the way, which will improve the Ethereum network. These upgrades make Ethereum more useful, not just something to invest in. What’s Next For Altcoin Holders? Poppe says the market is split right now, some people think this is the start of a new bull run, while others think it’s just a short-term bounce. While Poppe is on the bullish side, he says crypto follows a 4-year cycle: 2 years of a bear market, followed by 2 years of a bull run. And based on that, he believes the next big move is just beginning.