If the markets teach anything, it’s this: the loudest headlines don’t always point to the smartest opportunities. Right now, two well-known projects—SEI and Stellar—are facing turbulence that’s got the crypto space buzzing. SEI finds itself tied to a class-action securities fraud lawsuit involving Solaris Energy, while Stellar’s charts are flashing signals of a possible 15% price swing in either direction. In this kind of chaos, the key isn’t just to follow the story—it’s knowing where to pivot. That pivot may be Qubetics. Built as a Web3 aggregator and cross-chain platform with a powerhouse decentralized VPN layer and its QubeQode IDE, Qubetics isn’t reacting to the market—it’s defining it. And with a limited-time crypto presale already topping $16.1 million, many are eyeing this token not just as the next big project—but as the Best Crypto to Invest in April 2025 . Qubetics’ Cross-Border Transaction Power Could Disrupt Legacy Systems If there’s one area where traditional systems still fail miserably, it’s cross-border payments. High fees, long delays, third-party intermediaries—it’s a mess. Qubetics offers a better route with its decentralized VPN infrastructure, allowing seamless, anonymous, and secure transmission of financial data and digital assets across borders. This has game-changing implications not just for individuals but also for international businesses, remote-first teams, and even humanitarian efforts needing unrestricted access to capital. Imagine a logistics startup in Asia using Qubetics to send tokenized invoices to vendors in Europe, with real-time tracking, zero reliance on third parties, and privacy built into every layer. Or consider a nonprofit working in restrictive countries, sending aid in $TICS through encrypted, cross-chain wallets without fear of interference. This is where Qubetics steps in—bridging real economies with blockchain utility. As global payment bottlenecks persist, Qubetics is winning support by addressing them head-on. The Web3 community is taking notice, and some are already dubbing it the Best Crypto to Invest in April 2025, not just because of its tech stack, but because it’s solving problems others haven’t even attempted. Qubetics Presale Heats Up as ROI Projections Reach 8,567.92% — Best Crypto to Invest in April 2025? The Qubetics presale has now entered Stage 30, with $TICS priced at $0.1729. So far, this fast-moving sale has racked up over $16.1 million raised, surpassed 508 million tokens sold, and brought in more than 24,800 token holders. But it’s not just community growth that has eyes turning—it’s the ROI structure that’s setting Qubetics apart. At the current presale price, early participants could see 477.85% ROI if $TICS hits just $1. And that’s only the beginning. Should it hit $5, that’s 2,789.31% ROI. A $100 entry today could become over $2,800. At $6, it scales to 3,367.17% ROI, and if the coin rides to $10 post-mainnet, the return jumps to 5,678.61%. At $15? That’s 8,567.92% ROI—or $8,567 from just a $100 entry. In a world where most altcoins promise, Qubetics is showing calculated upside. More importantly, these numbers aren’t built on hype. They’re backed by a multi-layered ecosystem, a developer-first IDE platform (QubeQode), and real applications in RWA tokenization, DeFi access, and wallet-level cross-chain routing. That’s what sets Qubetics apart. For those still on the fence, this crypto presale isn’t going to stay quiet much longer. SEI Entangled in Solaris Securities Fraud Lawsuit The spotlight on SEI this week isn’t exactly flattering. According to a press release published on April 13, 2025, by GlobeNewswire, community members who acquired Solaris Energy stock during the alleged fraud period now have until May 21, 2025, to move forward with legal action. The complaint centers around accusations that Solaris Energy made materially false and misleading statements—or failed to disclose critical facts—during a key window that impacted token and equity activity. SEI’s connection to Solaris has become a source of tension as legal representatives from Faruqi & Faruqi, LLP prepare for a class-action lawsuit. The case alleges violations of the Securities Exchange Act of 1934, and the firm is pushing to appoint a lead plaintiff among affected participants. What’s important here isn’t just the lawsuit—but the ripple effect it’s already having on SEI’s market image and perception in the Web3 space. While SEI was previously gaining traction for its speed and order-book infrastructure, this legal drama is casting a long shadow. For early adopters looking to allocate toward short-term performance or high-conviction holds, uncertainty around lawsuits tends to make even the most promising fundamentals feel shaky. While not a definitive dealbreaker, it’s hard to ignore that SEI’s recent headline could push risk-aware participants to look elsewhere—especially toward projects like Qubetics with clean slates and stronger growth mechanics. Stellar Braces for a 15% Price Move as Volatility Builds Stellar (XLM) is currently sitting in a zone that’s anything but quiet. According to technical analysis published by U.Today, XLM is facing the potential of a 15% price swing as it hovers around a tight consolidation range. Analysts noted a symmetrical triangle forming, typically a setup that leads to breakout volatility—either bullish or bearish. Right now, that means XLM could either pop upwards into the $0.13 zone or fall back near $0.10. The price is currently fluctuating near $0.115, which places it in a pressure zone. Traders watching momentum indicators have noted that Stellar is showing declining volume, meaning a breakout could occur once buyers or sellers regain control. With that much energy coiling, short-term price action could swing hard in either direction, making Stellar attractive for speculative plays—but far less certain for those seeking predictable upside. While Stellar’s long-term mission around cross-border payments and tokenized asset issuance is intact, the current setup screams caution. This kind of volatility might appeal to day traders, but for community members eyeing strong ROI with minimal whiplash, alternatives like Qubetics—with clear growth curves and ecosystem launches—might be more compelling. Stellar’s move is coming—but the direction remains unknown. Conclusion: SEI Gets Complicated, Stellar Gets Volatile—But Qubetics Stands Tall as the Best Crypto to Invest in April 2025 Every project in this trio has a storyline. SEI is facing heat from legal exposure connected to Solaris Energy, and it’s unclear how deeply the class-action lawsuit could impact its momentum. Stellar, while technically poised for a move, sits at a price fork where anything can happen—and not all outcomes are bullish. Both are on edge, and the community knows it. Then there’s Qubetics—the one project offering clarity, consistency, and a suite of real-world tools built for mass use. With its decentralized VPN layer, multi-chain QubeQode IDE, cross-border asset tokenization, and a well-structured crypto presale, Qubetics is ticking all the right boxes. It’s not only built for developers and token holders alike, but it’s also delivering one of the cleanest and most exciting ROI structures in the market today. In a world of unpredictable lawsuits and price swings, Qubetics represents a focused, growth-driven opportunity. That’s why so many are calling it the Best Crypto to Invest in April 2025. And with time ticking before the next 10% presale price hike, there may never be a better time to join this crypto presale and secure a piece of what could be Web3’s next breakout layer-1 titan. 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 Best Crypto to Invest in April 2025? Qubetics is currently viewed as the best option due to its utility-rich platform, presale ROI potential, and real-world cross-border transaction solutions. Why is Qubetics trending in April 2025? Its growing presale success, decentralized VPN infrastructure, and QubeQode IDE platform have positioned Qubetics as a high-utility breakout project. Is Qubetics still in its presale stage? Yes, the Qubetics presale is in Stage 30 at $0.1729 with over 508 million tokens sold and more than 24,800 holders already participating. The post SEI Faces Legal Firestorm, Stellar Bulls Prepare to Charge — Is Qubetics the Best Crypto to Invest in April 2025? appeared first on TheCoinrise.com .
Astar , a collective promoting Web3 adoption, has partnered with AltLayer , a decentralized protocol that introduces Restaked rollups, and restaking protocol EigenLayer to build a Fast Finality Layer for Soneium , Sony Block Solutions Labs’ Layer 2 blockchain built on Optimism’s OP Stack . Per the announcement , Soneium relies on fraud-proof mechanisms for settlement. However, this causes delayed finality. Therefore, the novel Fast Finality Layer aims to provide “crypto-economic security guarantees through a decentralized network of validators.” This should reduce reliance on centralized sequencers and allow more secure cross-chain interactions, the team says. 2/9 What is Fast Finality Layer for Soneium? Fast Finality Layer for Soneium is an Autonomous Verifiable Service (AVS), built by @alt_layer and powered by @eigenlayer ’s AVS framework. It provides decentralized verification of Soneium’s state transitions to deliver: Near… pic.twitter.com/T1EIApBHKg — Soneium (@soneium) April 16, 2025 To accomplish their goals, the team will utilize AltLayer’s MACH Actively Validated Service (AVS), which EigenLayer’s restaking mechanism will power. They claim that this will “drastically reduce” transaction finality times from several minutes to under 10 seconds. According to Maarten Henskens, Head of Astar Foundation, the collaboration will solve slow finality, which is a key bottleneck to onboarding users to Web3. “The Astar Fast Finality Layer powered by MACH represents the future of how Layer 2 solutions like Soneium can achieve both security and performance,” says YQ Jia, CEO of AltLayer. The teams are jointly creating an infrastructure that provides Ethereum’s security guarantees with near-instant finality. “This is exactly the kind of solution needed to bring blockchain technology to mainstream adoption,” the CEO added. You might also like Animoca Brands, Soneium, and San FranTokyo Partner on Web3, Anime, and Identity Soneium New Layer Secured by ASTR and Restaked ETH The announcement highlighted that the new implementation will not require changes to Soneium. Instead, the AVS will operate alongside it, with all on-chain AVS contracts deployed on Ethereum. MACH operators will access the blockchain’s blocks only, by running a full node or through RPC endpoints. Moreover, this collaboration will position the ecosystem “as critical infrastructure for latency-sensitive applications across gaming, DeFi, and social platforms,” the partners note. 6/9 Restaking & economic security Fast Finality Layer for Soneium uses @eigenlayer ’s restaking contracts to secure its network via ERC20 tokens: -Bridged ASTR -Restaked ETH -Bridged ASTR LSTs in the future Incorrect challenges are slashed — aligning incentives with… pic.twitter.com/kcgZV2Syyq — Soneium (@soneium) April 16, 2025 Meanwhile, Astar’s ASTR token and restaked ETH will secure the Fast Finality Layer for Soneium. Therefore, its creators argue, ASTR will offer new utility to the holders. They’ll be able to stake their tokens to secure Soneium’s ecosystem to earn rewards and be incentivized through EigenLayer. Henskens added that “by integrating ASTR with EigenLayer and AltLayer’s MACH, we’re enhancing finality on Soneium’s infrastructure and elevating ASTR’s role as a key economic security asset across multiple blockchain environments.” Furthermore, Uniswap recently listed ASTR. This is part of the team’s expansion strategy within the Ethereum ecosystem. They aim to boost its liquidity, utility, and adoption. Meanwhile, at the time of writing, Soneium has surpassed $100 million, now standing at $119.68 million, according to DeFiLlama . You might also like Jurassic World Partners with The Sandbox to Enter Metaverse The post Soneium Slashes Finality by 98% With Astar Network, AltLayer, and EigenLayer appeared first on Cryptonews .
Washington wants Bitcoin on the balance sheet. Traders aren’t so sure. But while policymakers pitch million-dollar BTC dreams, the chart tells a di...
According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture. Speaking on CNBC’s “Squawk Box” segment Wednesday morning, Novogratz connected Bitcoin’s ( BTC ) recent performance with broader geopolitical and fiscal developments, including a sudden tariff policy announcement, rising interest rates, and evolving strategies in Washington. The resulting uncertainty is sparking a reevaluation of traditional security and economic systems that have been in place since the post–World War II era. While Bitcoin typically performs well during macro uncertainty, Novogratz noted the dual nature of the asset. Specifically, it functions both as a geopolitical hedge like gold and as a risk asset reliant on investor adoption. “Bitcoin broadly does well with these kinds of macro conditions,unless there’s this kind of risk-off,” he said, adding “and when there is chaos, new buyers disappear.” Despite institutional adoption progressing, retail participation has slowed. The BTC market, according to Novogratz, has seen more short-term trading than long-term accumulation recently. You might also like: Bitcoin vs. gold: Pompliano explains why BTC may soon outperform Bitcoin vs. Gold: who’s buying what, and why Bitcoin and gold are both “report cards on financial stewardship,” Novogratz said. Notably, the recent gold performance is a reflection of declining confidence in traditional fiat systems. He pointed out that foreign central banks, not retail or institutional investors, are driving recent gold demand. He also predicted the emergence of a BRICS-backed currency, possibly supported by gold, within the next 24 months. Such moves underscore a global shift away from reliance on the U.S. dollar and Western monetary systems. The U.S. is acting like an emerging market? Novogratz warned that the U.S. economy is beginning to behave more like an emerging market than a developed one. “I’m not saying we’ve gotten there yet,” he said. “It’s the early stages and that should get us all nervous. I’m sure that’s got Secretary Bessant nervous. I’m sure it’s got, you know, people around the white House who understand this nervous.” He emphasized the irony of pursuing noble goals like reducing inequality and deficits while undermining long-term stability. It is not possible to simply “wish away 30 years” of global trade systems and supply chains.” You might also like: Ray Dalio, who predicted the 2008 crisis, says the US is on the brink of something worse than a recession. Is Bitcoin reserve a solution?
Mantra (OM) token's value surged by 30% following a team burn proposal. Community debates arise over the implications of the proposed token burn. Continue Reading: Mantra (OM) Token Soars as Team Proposes Complete Token Burn The post Mantra (OM) Token Soars as Team Proposes Complete Token Burn appeared first on COINTURK NEWS .
Key Takeaways : Litecoin’s price faces volatility around $75. Our Litecoin price prediction for 2025 expects the maximum price of LTC to be $201. In 2030, we expect Litecoin to attain a maximum of $1,228. Following Bitcoin’s move toward $100K, Litecoin faced increasing buying activity. This surge in activity raises several questions for investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) hold above $200 in 2025? These are common questions that make predicting Litecoin’s price a bit tricky. We have prepared a detailed analysis and forecast of Litecoin price prediction from 2025 to 2031 to assist you with these questions. This article includes the latest updates, news, and technical analysis to aid in your investment decisions. Let’s dive into the most recent predictions for Litecoin’s price for 2025, 2026, and beyond! Overview Cryptocurrency Litecoin Ticker Symbol LTC Rank 20 Price $74 Price Change 24-H -1.1% Market Cap $5,865,715,463 Circulating Supply 74,485,583 Trading Volume $367,159,933 All-Time High $413 All-Time Low $1.11 Litecoin price Prediction: Technical analysis Metric Value Current Price $74 Price Prediction $ 110.37 (26.41%) Fear & Greed Index 26 (Fear) Sentiment Bearish Volatility 11.99% Green Days 15/30 (50%) 50-Day SMA $ 108.23 200-Day SMA $ 95.68 14-Day RSI 36.78 Litecoin price analysis: LTC price faces rising bearish threat below $75 TL;DR Breakdown: LTC’s price faced a bearish pressure below $75 Resistance for LTC is at $80.77 Support for LTC/USD is at $63.11 The LTC price analysis for 16 April confirms that the LTC price is facing a bearish pressure below the $75 level. Buyers attempted to make a surge but failed to meet further demand and met a rejection. LTC price analysis 1-day chart: LTC/USD triggers intense selling pressure Analyzing the daily price chart, Litecoin experienced a bearish correction after facing selling pressure above $75. Currently, bears are aiming for a hold below the immediate resistance line. The 24-hour volume dropped to $26.9 million, showing a decreased interest in trading activity. LTC price is currently trading at $74, dropping by over 1.1% in the last 24 hours. LTC/USD chart. Source: Tradingview The RSI-14 trend line has dropped from its previous level and trades around 37, hinting that sellers are gaining control of the price chart. LTC/USD 4-hour price chart: Bears aim for a hold below EMA trend lines The 4-hour Litecoin price chart suggests that bullish domination is increasing to keep the altcoin above the EMA trend lines. However, bears are defending a surge in the price chart and preparing for a hold below the EMA20 trend line. LTC/USD chart. Source: Tradingview The BoP indicator trades in a bearish region at 0.66, signifying that sellers are triggering a minor downward correction. Additionally, the MACD trend line has formed red candles above the signal line, and the indicator aims for positive momentum, strengthening the chances of a bullish push. Litecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 109.33 SELL SMA 5 $ 115.56 SELL SMA 10 $ 120.27 SELL SMA 21 $ 124.36 SELL SMA 50 $ 118.94 SELL SMA 100 $ 114.08 SELL SMA 200 $ 92.73 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 120.24 SELL EMA 5 $ 118.01 SELL EMA 10 $ 114.08 SELL EMA 21 $ 110.90 SELL EMA 50 $ 106.66 SELL EMA 100 $ 98.15 BUY EMA 200 $ 88.88 BUY What to expect from LTC price analysis next? The hourly price chart confirms that bulls induce buying pressure to hold the price; however, sellers may soon return. If the LTC holds momentum above $80.77, it may climb toward $96.79. LTC/USD chart If bulls fail to initiate a surge, the LTC price may drop below the immediate support line at $63.11, which may result in a correction to $52.66. Is Litecoin a good investment? Litecoin is an alternative to Bitcoin, making it an appealing choice for everyday transactions worldwide. Additionally, with a finite cap of 84 million coins, LTC presents itself as a potential investment for value preservation, akin to Bitcoin’s role as a digital asset. Why is the LTC price down today? As the bearish pressure intensified due to rising selling pressure, LTC price lost momentum around $75. As a result, the price is now aiming for a hold below $70. Will LTC Recover? If bulls defend the support at $63 strongly, we might see a strong recovery toward the $80 mark. What is the LTC price prediction for 2025? The forecasted lowest price for Litecoin is $186.72. According to our analysis, the highest possible price for LTC could be $201.25, with an average expected price of $195.03 in 2025. Will Litecoin reach $100? Litecoin price already touched the $100 mark this year; however, it is now consolidating. By the end of 2025, Litecoin might surge above $200. Will LTC price reach $500? According to our Litecoin price prediction, the LTC price might hit the $500 mark in 2028. However, this rally depends on the future buying interest in the altcoin market. Does LTC have a good long-term future? Despite the recent adjustments and potential peak formation, Litecoin exhibits a robust long-term price trajectory and outlook, indicating a high potential for future growth. If the network continues to witness robust activities and growth, the price might reach $1000 in no time. Recent news/opinion on Litecoin The U.S. Securities and Exchange Commission (SEC) has accepted Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF), potentially making it the third cryptocurrency with an ETF in the U.S. after Bitcoin and Ethereum. This step, following the necessary filings by Canary Capital and Nasdaq, opens the ETF to public comments. Litecoin price prediction April 2025 Litecoin’s price shows signs of bearish moves as it has been dropping steeply for the past few days. However, as BTC’s price aims for a hold above the $100K mark in April, Litecoin’s price intends to end this month on a bullish note. As a result, we might see the LTC price record a low of $75, with a maximum price of $126 and an average price of $115. Month Potential Low ($) Potential Average ($) Potential High ($) Litecoin Price Prediction April 2025 $75 $115 $126 Litecoin price prediction 2025 A report from Messari shows significant growth in Litecoin’s network. The coin has been around an all-time high in transactions and active addresses. These figures indicate a strong and bustling network, suggesting good growth potential for Litecoin in 2025. Hence, the forecasted lowest price for Litecoin is $60. According to our analysis, the highest possible price for LTC could be $201.25, with an average expected price of $195.03. Year Potential Low ($) Potential Average ($) Potential High ($) Litecoin Price Prediction 2025 60 195.03 201.25 Litecoin Price Predictions 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 226.67 233.15 268.45 2027 323.83 335.49 390.17 2028 461.29 478.06 562.1 2029 695.94 715.07 811.35 2030 1,003 1,039 1,228 2031 1,230 1,350 1,680 Litecoin price prediction 2026 Litecoin’s growing popularity is evident in its expanding social media presence, particularly on Reddit, with active users reaching 2021 levels before its all-time high. Experts predict a significant rally by 2026, with prices ranging between $226.67 and $268.45 and an average of $233.15. Advancements from the Litecoin Foundation are expected to drive a strong rebound, boosting its market cap and valuation. Litecoin (LTC) price prediction 2027 In 2027, the price of Litecoin is expected to reach a minimum value of $323.83. The maximum price could be as high as $390.17, with the average trading price throughout the year around $335.49. Litecoin price prediction 2028 In 2028, the lowest forecasted price of Litecoin is $461.29. Based on our analysis, the maximum price could rise to $562.10, with an average price of $478.06 for the year. Litecoin price prediction 2029 Our detailed analysis of past Litecoin price data indicates that in 2029, the minimum price of Litecoin could be approximately $695.94. The price could peak at $811.35, with an average trading value around $715.07. Litecoin (LTC) price prediction 2030 For 2030, the minimum predicted price of Litecoin is $1,003. The price could reach a maximum of $1,228, with the average trading price expected to be about $1,039 throughout the year. Litecoin price prediction 2031 Our detailed analysis of past Litecoin price data indicates that in 2031, the minimum price of Litecoin could be approximately $1230. The price could peak at $811.35, with an average trading value around $1350. Litecoin price prediction 2025-2031 Litecoin price prediction: Analysts’ LTC price forecast Firm Name 2025 2026 Gov.Capital $211 $280 DigitalCoinPrice $202 $266 Changelly $131 $189 Cryptopolitan Litecoin price prediction According to the Litecoin price prediction by Cryptopolitan, it is anticipated that various leading institutions will invest in and start accepting LTC as a form of payment. Additionally, the growing frequency of events likely to influence LTC’s price could enhance its public perception. Hence, the forecasted lowest price for Litecoin is $60. According to our analysis, the highest possible price for LTC could be $201.25, with an average expected price of $195.03. Litecoin historic price sentiment LTC price history Litecoin traded between $1 and $5 in its early years before surging to over $300 during the crypto bubble of late 2017 to early 2018. In 2021, Litecoin hit an all-time high of $412.96 early in the year but dropped significantly, closing at $144.56 by the end of the year. In 2022, Litecoin experienced significant losses, dropping below $45 mid-year. However, it managed to outperform the broader market despite a nearly 55% decline overall. 2023 saw high volatility for Litecoin, peaking at $114.50 in July but declining sharply due to market pressures, ending the year at $72.80 with a modest 7% rise despite underperforming the broader market. In 2024, Litecoin started the year around $68.20, climbed to $102.40 in April, and then fell below $80. After further declines in May and June, it dropped to $49 in August before rebounding to $70. By November, Litecoin surged past $100 and attempted to hold above $140 in December. In January 2025, the price of Litecoin surged to $140. However, the LTC price crashed in February as it dropped toward the low of $80. In March, the price of LTC consolidated below $90 after failing to break the $100 resistance.
Real estate fintech firm Janover has made headlines by acquiring 80,567 Solana tokens for $10.5 million, significantly expanding its digital asset portfolio. This strategic purchase has propelled Janover’s total Solana
In a dramatic turn of events, Oklahoma has exited the high-stakes Bitcoin Reserve Race following the Senate Revenue and Taxation Committee’s narrow rejection of House Bill 1203 (HB1203). The bill , which would have authorized the allocation of state treasury funds into Bitcoin and other leading digital assets, failed by a single vote in a 6–5 decision. State Reserve Race Update: Oklahoma Reserve Bill HB1203 has FAILED in the Senate Revenue and Taxation Committee, 6-5. The No votes were: – Sen. Todd Gollihare [R] – Sen. Chuck Hall [R] – Sen. Brent Howard [R] – Sen. Julia Kirt [D] – Sen. Mark Mann [D] – Sen. Dave Rader [R] pic.twitter.com/EadkwOq2xZ — Bitcoin Laws (@Bitcoin_Laws) April 15, 2025 HB1203 was proposed as the Strategic Bitcoin Reserve Act. It was designed to allow the Oklahoma State Treasurer to invest up to 10% of various state funds in Bitcoin and digital assets with market capitalizations exceeding $500 billion. The bill also aimed to integrate digital asset staking strategies and provide options for crypto investments in state retirement portfolios. Provisions were included to ensure that any taxes or fees paid in crypto, such as Bitcoin, would be converted into U.S. dollars before being deposited into state accounts. The bill had significant momentum when it passed the House Government Oversight Committee with a 12–2 vote in February. It received overwhelming support from the full House, which passed 77–15 on March 24. Despite early victories, the bill stumbled at the Senate committee level on April 14. The six senators who voted against the bill included Republicans Todd Gollihare, Chuck Hall, Brent Howard, and Dave Rader, alongside Democrats Julia Kirt and Mark Mann. WATCH: Oklahoma Bitcoin Reserve bill FAILS to pass the Senate Revenue and Taxation Committee Bill sponsor Sen. Brian Guthrie spoke in favor. https://t.co/8KXvEdt4IA pic.twitter.com/SIMDS136H5 — Bitcoin Laws (@Bitcoin_Laws) April 15, 2025 Bill sponsor Senator Brian Guthrie passionately defended the measure. Senator Christi Gillespie revealed that she had changed her position to vote in favor after being persuaded by local constituents just hours before the vote. Nevertheless, it wasn’t enough to push HB1203 through. With this rejection, Oklahoma officially withdraws from the ongoing race among U.S. states to adopt Bitcoin as a strategic reserve asset. Arizona, New Hampshire, and Texas remain the front-runners, each pushing forward with their crypto reserve initiatives. How Oklahoma’s Bitcoin Dream Unfolded The demise of HB1203 stands in sharp contrast to Oklahoma’s ambitious start in crypto legislation. The state made early headlines when State Senator Dusty Deevers introduced the Bitcoin Freedom Act (SB325) on January 9, 2025. The bill aims to integrate Bitcoin deeply into the state’s financial infrastructure. That bill proposed enabling employees and vendors to transact in Bitcoin and was lauded for envisioning a future where Bitcoin could shield Oklahomans from inflationary pressures. His rhetoric, which often drew comparisons to President Donald Trump’s pro-Bitcoin stance, resonated among conservatives and crypto enthusiasts alike. This push gained more traction in May 2024 when the state enacted the Bitcoin Rights Bill (HB3594). Oklahoma moves closer to Bitcoin adoption with the Strategic Bitcoin Reserve Act approval. #Oklahoma #Bitcoin https://t.co/8uMp7IYMrD — Cryptonews.com (@cryptonews) February 26, 2025 The bill prohibited the state from banning or placing undue restrictions on hardware wallets or self-managed digital assets. It included measures protecting crypto mining activities, whether home-based or industrial, provided they complied with local regulations. What’s Next in the State-Level Crypto Push? Oklahoma’s exit from the Bitcoin Reserve Race comes amid a broader wave of legislative interest in crypto at the state level. Representative Derek Merrin became one of the first state leaders in Ohio to propose integrating Bitcoin into treasury reserves in December 2024. This was followed by the introduction of Senate Bill 57 (SB 57) by State Senator Sandra O’Brien. An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in crypto. #Ohio #Bitcoin https://t.co/XpgQPCqg6K — Cryptonews.com (@cryptonews) February 5, 2025 This bill seeks to establish an “Ohio Bitcoin Reserve Fund” with a five-year minimum holding period for acquired BTC and provisions for accepting crypto payments for taxes and fines. Meanwhile, in Pennsylvania, Representative Mike Cabell also proposed allocating up to 10% of the state’s treasury balance sheet to Bitcoin as a safeguard against economic uncertainty. While states are staking their claims in the crypto reserve movement, the federal government has yet to make a decisive move. Washington remains cautious despite increasing corporate adoption of Bitcoin and growing public interest. Looking forward, Oklahoma’s HB1203 may have failed, but its earlier legislative efforts suggest that the conversation around crypto is far from over. The post Oklahoma Drops Out of Bitcoin Reserve Race as Tax Committee Rejects HB1203 appeared first on Cryptonews .
As global economic tensions escalate, gold prices have surged to an unprecedented $3,317 per ounce, raising questions about Bitcoin’s safe-haven status. Despite recent price rebounds, Bitcoin experienced an 11.8% decline
Stocks trimmed gains, led by global chip makers, to see the U.S. stock market opened on Wednesday, April 16. Although the likes of Nvidia were slightly up as investors reacted to news China had indicated its readiness to engage the United States amid ongoing tariffs war, earlier losses impacted greater sentiment and contributed to the major indices opening lower. Nvidia (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), and ASML Holding (ASML) all fell sharply in premarket trading. The stocks flipped green ahead of Wall Street’s open, but the cautious sentiment lingered after the bell as Washington’s ramped-up tariffs on China imposed further jitters. In particular, the latest move to curb exports of an artificial intelligence chip Nvidia makes for the Chinese market contributed to the earlier rout, with global chip makers AMD and ASML also feeling the pressure. Nvidia’s warning regarding a $5.5 billion quarterly charge amid the AI chip curbs saw NVDA stock dip 6%. AMD, ASML, and other chip stocks also recorded notable losses. The S&P 500 and Nasdaq dropped by 1.2% and 2.1%, respectively, while the Dow Jones Industrial Average opened about 0.6% lower. You might also like: AI crypto tokens at risk as Nvidia faces restrictions on China exports Optimism remains tempered but investors appear to be seeing an imminent thaw in the China vs. U.S. tariffs arena. Despite President Donald Trump’s administration noting China faced up to 245% in tariffs amid the recent standoff and retaliatory moves, Beijing has signalled it may be willing to come to the table. However, China says this readiness for trade talks comes with demands of “respect” from U.S. counterparts. While this course of events might see a slight uptick in investor sentiment, stocks are largely unmoved . Crypto also notched a slight dip as the S&P 500, Nasdaq Composite and DJIA all opened lower on Wednesday. Meanwhile, retail sales rose 1.4% in March, aligning with consensus estimates. With recent positive inflation readings doing little to lift markets, the focus remains on what this means for the overall U.S. economic outlook before the reciprocal tariffs kicked in on “Liberation Day.” You might also like: China faces regulatory gap in handling seized crypto assets, relies on local firms: report