Trump signed an order affecting tariffs, impacting cryptocurrency projections. FLOKI and PEPE coins show potential if ETH rises, while DOGE awaits ETF decisions. Continue Reading: Tariff Trends Shape Cryptocurrency Moves: What Floki, PEPE, and DOGE Anticipate The post Tariff Trends Shape Cryptocurrency Moves: What Floki, PEPE, and DOGE Anticipate appeared first on COINTURK NEWS .
The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, citing concerns for both investors and the financial system. In its April 2025 Financial Stability Report, the Bank of Italy flags crypto volatility and rising integration with the broader economy, singling out stablecoins and non-financial firms’ crypto exposure as key concerns. "The strong growth of Bitcoin and of other crypto-assets with high price volatility means risks not only for investors but also potentially for financial stability, given the growing interconnections between the digital asset ecosystem, the traditional financial sector and the real economy,” the report notes. Excerpt from the Bank of Italy’s Financial Stability Report. Source: Bank of Italy The Bank of Italy’s report also addressed the trend of non-financial corporations holding Bitcoin, stating that it exposes them to “marked price volatility” driven by “the belief that Bitcoin can support their share prices.” Strategy (formerly MicroStrategy) helped popularize the corporate purchase of Bitcoin, beginning its acquisitions in August 2020. Since then, several companies have followed its lead, including Metaplanet, Semler Scientific, and GameStop. The Bank of Italy also addressed stablecoins in its report, noting potential risks if dollar-pegged tokens were to become systemic. It suggested that increased reliance on US government bonds to back these assets could introduce broader financial vulnerabilities. According to the report, disruptions in either the stablecoins or the underlying bonds could have “repercussions for other parts of the global financial system.” The report comes just a few days after Giancarlo Giorgetti, the country’s minister of economy and finance, warned that the appeal of US dollar stablecoins should not be underestimated. According to Giorgetti, US stablecoin policies are more dangerous than US President Donald Trump’s tariffs . Related: Italy scales back plans to hike crypto tax rate: Report Giorgetti, in his speech, highlighted the need to enhance the euro’s position on the global stage, noting that the development of the Digital Euro will play a crucial role in reducing reliance on foreign digital solutions. Related: Italy’s largest bank enters crypto market with $1M Bitcoin investment
On Tuesday, the crypto economy edged 0.51% higher over the past 24 hours, cruising at a valuation of $2.98 trillion, with bitcoin ticking up 0.5% and ethereum climbing 1.5% in the same window. Meanwhile, SAFE token vaulted more than 23% today, while AI16Z appreciated by 9.29% against the U.S. dollar. Wall Street Ends Up, Crypto
Bitcoin (BTC) metrics suggest caution amid rising price following a swift recovery. Following the April 28 spike, traders flagged incoming risk due to higher profit-taking from whales and miners. Short-term holders are mostly at risk of sparking a reaction, especially from retail investors who are also in the mix. Short-Term Demand Is Negative According to CryptoQuant researchers, the short-term momentum for Bitcoin demand remains in the red zone. Onchain data shows the 30-day demand falling to previous levels, gradually ushering in low sentiments. Similarly, the 30-day Simple Moving Average (SMA) plunged further compared to a bull cycle level. While demand stands at -483.88K BTC, SMA fell to -310.70K BTC. This metric highlights the shift in active demand from long-term holding, showing the difference between speculative distribution and accumulation. Bitcoin traders have expressed concern, citing previous bear markets. In the 2021-2022 cycle, plunging short-term demand preceded major macro pullbacks. This is also seen in periods laced with multiple flash dips. Last month, Bitcoin entered into a correction phase due to the United States tariffs. A look at the charts shows the pullback in short-term trades before subsequent whale absorption. “ The sustained negative momentum reflects declining demand pressure from short-term participants, possibly driven by profit-taking or market uncertainty. Long-term holders continue to absorb less BTC than what’s being distributed by short-term holders, a dynamic typically seen in late-cycle distribution phases or during macro consolidation. Despite the price holding above $94.4K, the underlying demand engine is cooling off.” Profit-taking tops the reasons for the increased sell pressure over the last two weeks. The Bitcoin price reclaimed $ 95,000 after weeks in the doldrums as macro sentiment flipped green. This led to huge outflows and inflows to centralized exchanges. In the last 24 hours, miners’ reserves dropped by 943 BTC, approximately $850 million. Bulls Maintain Pressure The short-term demand triggered caution among traders, but the majority of actors are bullish. Whale inflows continued to drive the market as bulls set sights on multi-month peaks. Last week, over 60 new wallets holding more than 1000 BTC emerged, signalling new inflows. Whale activity spiked trader confidence as new retail investors began circling the asset class. Institutional products notched a massive $3.4 billion in inflows in seven days, the third-largest weekly gains. Likewise, altcoins posted double-digit gains on speculation about new spot ETFs in the United States and an altcoin season if the pressure gains steam.
Truth Social, the social network of President Trump's Trump Media & Technology Group, is considering launching a crypto token.
Nasdaq submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to approve the listing of a spot Dogecoin exchange-traded fund (ETF) managed by 21Shares. A 19b-4 filing is a part of the process for proposing an ETF to the SEC. Once acknowledged by the SEC, the application will be published in the Federal Register, tying the regulator to a decision deadline. 21Shares’ proposed Dogecoin ETF will operate as a passive investment product, with shares created and redeemed in blocks of 10,000 through authorized participants using cash transactions only. As per the filing, the trust will not employ leverage or derivatives. Trading of ETF shares will be subject to Nasdaq’s surveillance procedures and trading rules. In supporting the proposal, Nasdaq claimed that its membership in the Intermarket Surveillance Group (ISG) provides strong surveillance-sharing agreements, enabling it to detect and prevent potential manipulation in the underlying Dogecoin market. When the Switzerland-based crypto asset manager filed its S-1 form on April 9, it also announced an “exclusive” partnership with the House of Doge, which will help market the fund. DOGE is currently the 8th biggest cryptocurrency by market cap at $26.6 billion, CoinGecko data shows. If a DOGE ETF is approved, it would become the first ETF to track a meme coin, a cryptocurrency that was initially created as a joke. But DOGE has evolved into more than that, inspiring the name of the government’s new initiative, the Department of Government Efficiency (DOGE), helmed by technocrat Elon Musk. Flurry Of Altcoin ETF Filings Under Trump Administration 21Shares application comes at a time when interest in altcoin-based funds has skyrocketed, evidenced by a wave of new filings and a more lenient regulatory environment under the Donald Trump administration. Firms, including Grayscale, as well as Fidelity, Franklin Templeton, Bitwise, and Canary Capital, are looking to get the SEC’s regulatory clearance for various crypto-related ETFs such as Solana (SOL), Ripple’s XRP, Litecoin (LTC), Cardano, and Official Trump (TRUMP). Bloomberg analysts in February estimated that LTC ETFs (90%) have the highest likelihood of approval, followed by Dogecoin funds (75%), Solana (70%), and XRP (65%) products.
Bitcoin is at a critical juncture . Market watchers and analysts are turning their attention to the closing of this week’s candle, which could either confirm the resilience of the current recovery or signal the start of a deeper corrective phase. In a recent analysis shared on X, respected market analyst EGRAG Crypto highlighted a compelling historical pattern that could shed light on what lies ahead for the world’s leading cryptocurrency. #BTC – This Weekly Candle: Make It or Break It In the last cycle, #BTC dropped below the yellow moving average twice. The first time, it managed to recover and continued the #BULL run, forming a double top. However, the second recovery lasted just one week before it fell… pic.twitter.com/0kqF8JX0b3 — EGRAG CRYPTO (@egragcrypto) April 29, 2025 Revisiting the 2021 Cycle for Clues EGRAG draws a parallel between Bitcoin’s current position and the 2021 cycle, where a similar structure unfolded. During that bull run, Bitcoin dipped below the yellow moving average line twice. The first drop was short-lived, and BTC quickly reclaimed the trendline, rallying to form a double top. However, the second breach was more severe: although Bitcoin momentarily bounced back, it failed to sustain momentum and fell beneath the trendline just one week later, triggering a prolonged bear market. Today’s chart suggests that BTC may be repeating this pattern. After an initial drop below the same key moving average, Bitcoin has once again recovered. But the question remains—will this second recovery mirror the resilience of the 2021 double top, or will it unravel like the final leg before the last bear cycle? Technical Indicators Suggest a Pivotal Phase EGRAG emphasizes that the weekly candle’s closure is crucial. A strong bullish close above the moving average would significantly improve market sentiment and lend credence to the idea that BTC could be headed toward a parabolic rally, possibly targeting the $150,000 range . On the flip side, a weak or bearish close could confirm waning momentum and open the door for downside risk. To add weight to the analysis, EGRAG is currently examining five separate oscillators to validate the trend. These likely include key tools such as the RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), stochastic RSI, volume-based momentum indicators, and moving average crossovers—all of which are widely used by technical analysts to gauge potential market direction. Macro and Sentiment Contexts Reinforce Uncertainty Bitcoin’s current indecision is unfolding amid mixed macroeconomic signals. On one hand, increasing institutional adoption and the recent launch of spot Bitcoin ETFs in the U.S. and Hong Kong are pushing long-term sentiment into bullish territory. On the other hand, lingering inflation concerns, Fed policy uncertainty, and profit-taking by short-term holders are keeping upward momentum in check. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 In this context, the importance of the weekly candle cannot be overstated. A bullish confirmation could reignite retail enthusiasm and bring sidelined capital back into the market. But if Bitcoin falters here, it could embolden bears and create a domino effect of negative momentum, reminiscent of past capitulation events. BTC’s Future Hinges on Key Levels If history is any guide, the next few days could set the tone for Bitcoin’s trajectory in the coming months. Should Bitcoin decisively close above the yellow moving average, it would validate a bullish continuation and open the possibility of surpassing previous all-time highs. However, a failure to hold this level might push BTC back into the $50,000s or lower, challenging investor confidence once again. As EGRAG Crypto aptly points out, “This is make or break.” Traders, investors, and institutions alike are watching this week’s close with anticipation. Whether Bitcoin will replicate the bullish follow-through of the first cycle or stumble as it did before the bear market of 2022 is a question that only time—and this candle—will answer. 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 Bitcoin (BTC) Weekly Candle: A Make-or-Break Moment appeared first on Times Tabloid .
The post Pepe Price Analysis: Dead Cat Bounce or 100% Surge Next? appeared first on Coinpedia Fintech News The rising demand for memecoins amid anticipated altseason has helped Pepe price regain bullish sentiment. On-chain data shows Pepe has recorded a significant increase in large transaction volume. The gradual Bitcoin (BTC) price rebound has increased the appetite for risky crypto assets, led by memecoins such as Pepe (PEPE). The anticipated altseason in the coming weeks has increased the speculative FOMO trading across the wider crypto market. Moreover, the total crypto Open Interest (OI) surged from around $91 billion on April 9 to about $120 billion on Tuesday, April 29. With the global trade negotiations moving in a positive direction, the demand for inflation hedge assets, led by Bitcoin, is expected to grow exponentially in the coming months. Midterm Expectations for Pepe Price For the last few weeks, Pepe price has experienced a significant decline in selling pressure. As a result, Pepe price is about to record the first monthly bullish close, if the frog-themed memecoin closes above $0.00000784 in the coming days. In the daily timeframe, Pepe price has gained bullish sentiment after establishing a robust support level above $0.0000057. Moreover, the daily Relative Strength Index (RSI) has formed a bullish divergence coupled with a double bottom. Additionally, the daily MACD line has already crossed the zero line at the time of this writing. Market Outlook According to market data analysis from Intotheblock, Pepe memecoin recorded a $430 million surge in large transaction volume in the last seven days. The mid-cap memecoin, with a fully diluted valuation of about $3.7 billion and a 24-hour average trading volume of around $450 million, recorded a high correlation with Bitcoin price action in the past 30 days. With Bitcoin’s price on the cusp of a bullish breakout toward a parabolic phase in the near future, it is safe to assume that Pepe’s price is ready for a rally toward a new all-time high.
INIT, the native token of Initia, experienced a sharp surge this morning following the modular blockchain platform’s mainnet debut last week. Launched on April 24 , INIT increased 30% over the past 24 hours, climbing to $0.81 from $0.65 in just five hours, according to CoinGecko . The rally boosted the token’s market capitalization to approximately $121 million, marking a 34% increase from its lowest recorded price. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
FTX has initiated legal proceedings against NFT Stars Limited and Delysium, seeking to recover digital assets allegedly withheld from its estate. The lawsuits are the latest in its ongoing efforts to reclaim funds and maximize creditor recoveries following its collapse in November 2022. Token Allegations The defunct crypto exchange announced on April 29 that it had filed two formal complaints after multiple attempts to engage with the firms in question were ignored. The suits allege that NFT Stars and Delysium failed to transfer tokens to which the firm is contractually entitled. Legal filings in the case against Delysium state that Alameda Ventures, now Maclaurin Investment, paid $1 million in January 2022 for rights to receive 75 million AGI tokens. These coins officially launched in April 2023 with a vesting structure allowing 20% to unlock after 12 months, followed by quarterly releases. However, Delysium allegedly changed the terms by extending the period to 48 months without FTX’s consent and refused to transfer any tokens, citing ongoing bankruptcy proceedings. The complaint against NFT Stars claims that the exchange paid $325,000 in November 2021 to secure 1.35 million SENATE tokens and 135 million SIDUS tokens. While some coins were delivered before FTX’s bankruptcy filing, the company asserts that over 831,000 SENATE and 83 million SIDUS remain unpaid. FTX alleges breach of contract and a violation of the automatic stay triggered by its bankruptcy protection. “We urge token and coin issuers to return assets that rightfully belong to FTX, and are willing to initiate litigation barring adequate engagement,” the Estate said in a statement. “Our team continues to work tirelessly to maximize recoveries for the FTX Estate and return funds to creditors.” The company also confirmed that it is in discussions with several other token issuers and warned that further legal action would follow if they don’t cooperate. Recovery Efforts These lawsuits come amid the defunct exchange’s broader recovery campaign, which has already seen some success. On February 18, 2025, the company began distributing recovered funds to creditors, starting with approved claims under $50,000 in the Convenience Class. The next round of disbursements is scheduled for May 30, 2025, with the record date set on April 11. This one will cover Class 5 Customer Entitlement Claims, Class 6 General Unsecured Claims, and additional approved Convenience Claims. The initiative follows a court-approved reorganization plan finalized in October 2024 that projects average recoveries of 119% per claim, with some creditors receiving up to 140% in cash. FTX estimates that total asset recoveries will range from $14.7 billion to $16.5 billion, aided by successful recovery efforts from the U.S. Department of Justice and global regulators. The post FTX Sues NFT Stars and Delysium Over Undelivered Tokens appeared first on CryptoPotato .