The crypto market has struggled for eight weeks, causing retail investors to leave the industry or their assets until general sentiments improve. While most assets are in the red, the on-chain intelligence platform Santiment has found signs that some alternative cryptocurrencies are rebounding. According to a report from the firm, altcoins with large capitalizations like Ripple (XRP), Binance Coin (BNB), Tron (TRON), and Stellar (XLM) have been quietly gaining momentum and even price dominance on bitcoin (BTC). Altcoins Rebound Amid the Dip Examining the on-chain activities of crypto projects, Santiment discovered that some are seeing surges in their network utility, active address count, whale activity, exchange inflows/outflows, and social sentiment. This can also be seen in Santiment’s Activity Matrix, which provides data for 114 of crypto’s most well-known assets in eight categories over a three-month range. Santiment said the Activity Matrix indicates some projects have the potential to turn their fates around in the near future. The firm noted that most assets would see their lowest network activity in a year because retail traders could be waiting for market sentiment to improve before returning to their positions. Some assets witnessing this include Pepe (PEPE), Chainlink (LINK), and Shiba Inu (SHIB). “Well, unfortunately, the price trend is more likely to continue for these projects than others. Ideally, during a market-wide price downturn, we see sudden pick-ups in whale transactions (indicating accumulation from them) or network growth (indicating upcoming on-chain transaction increases),” Santiment explained. Positive Network Metrics Santiment’s analysis found top candidates for each category in the Activity Matrix, including Dogecoin (DOGE), Pax Gold (PAXG), Magic Token (MAGIC), Audius (AUDIO), Uma (UMA), Joe (JOE), and Threshold (T). DOGE is experiencing the highest rise in address activity. This means there is a rising amount of unique addresses interacting on the coin’s network, with an increasing number of individuals on the sending or receiving side of transactions. For the highest network growth, Santiment highlighted PAXG as the top candidate, indicating that the network has more opportunities for rising utility in the future. Magic Token is seeing the highest number of transactions surpassing $100,000 in value. This shows that major stakeholders are taking an increasing interest in MAGIC. Furthermore, Audius is seeing the highest rise in positive sentiment across crypto communities, while Uma is dominating discussions on social media platforms. PAXG emerged as another top candidate for exchange outflows, while Joe and Threshold are the top Mean Dollar Invested Age and Age Consumed risers, respectively. The post These Large Cap Altcoins Are Rebounding Following the Crash, According to Santiment appeared first on CryptoPotato .
This content is provided by a sponsor. XRPTurbo ($XRT) has soared past another major milestone, raising over 70,000 XRP during its highly anticipated presale, and industry analysts believe the presale may wrap up far ahead of schedule. With XRP’s recent price spike amidst growing optimism that Ripple Labs may soon resolve its longstanding legal battle
More on crypto Bitcoin: The Last Opportunity Of 2025 Is Bitcoin Heading Lower? Examining Mt. Gox, Tariffs, And Technical Indicators Alt Season May Not Happen; Long-Term Bitcoin Bullishness REX creates ETF for convertible bonds of corporations holding bitcoin SA Charts: How did Bitcoin miners do in February?
Rex Shares has introduced a new exchange-traded fund (ETF) designed to provide investors with exposure to convertible bonds issued by companies incorporating Bitcoin into their corporate treasuries. The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), launched on March 14, 2025, is the first fund of its kind. Rex Shares Introduces First Bitcoin Corporate Treasury Bond ETF According to a press release , BMAX aims to give retail investors and financial advisors easier access to convertible bonds from companies that use debt to finance Bitcoin acquisitions. These bonds, often linked to Bitcoin treasury strategies, have typically been difficult for individual investors to access directly. “BMAX is the first ETF giving retail investors and investment advisors access to convertible bonds issued by companies integrating Bitcoin into their financial strategy,” said Greg King, CEO of Rex Financial. The fund offers a more accessible option for investors looking to gain exposure to the growing trend of Bitcoin-backed corporate debt, which has been primarily used by companies like Strategy (formerly MicroStrategy), headed by Michael Saylor. A New Investment Option for Bitcoin-Related Corporate Debt The BMAX ETF focuses on firms that have issued convertible bonds to fund Bitcoin purchases. The strategy of using convertible bonds to acquire Bitcoin was pioneered by Strategy, which has used this method to acquire a significant portion of its total Bitcoin holdings, now reaching nearly 500,000 BTC. BMAX simplifies access to these corporate bonds by consolidating them into a single, actively managed ETF. Convertible bonds are an attractive option for many companies because they provide a way to raise capital without immediately diluting existing equity. By investing in BMAX, investors can gain exposure to Bitcoin via corporate debt instruments while benefiting from the potential upside of equity conversion in the future. Rex Shares designed the ETF to offer both debt security and potential equity upside, making it an appealing option for those looking to capitalize on Bitcoin’s growing role in corporate finance without directly owning the cryptocurrency. Additionally, Rumble, the media platform, has recently added around 188 BTC to its corporate treasury. This aligns with its plans to diversify its holdings and integrate Bitcoin into its financial strategy. Diversified Holdings and Key Issuers in BMAX The BMAX ETF’s holdings are concentrated in convertible bonds issued by companies like Strategy, which accounts for over 80% of the fund’s weight. Other significant holdings include bonds from Bitcoin mining companies such as Marathon Digital Holdings (MARA) and Riot Platforms, which together make up 18.6% of the ETF’s portfolio. The remaining assets are allocated to cash and other investments. This concentration reflects the growing trend of Bitcoin-backed corporate debt in the market, as more companies leverage this financial strategy. For example, Strategy, after completing a $2 billion zero-coupon convertible note offering in February 2025, acquired an additional 20,356 BTC. This further strengthened the company’s Bitcoin treasury, which is now valued at over $41 billion. With such substantial investments, Strategy continues to lead the movement of Bitcoin adoption in corporate treasuries. Market Reception and Broader Crypto ETF Trends BMAX’s launch follows a surge in interest in Bitcoin-related financial products. The ETF provides an alternative to traditional Bitcoin spot ETFs, which offer direct exposure to Bitcoin itself. In addition to BMAX, other Bitcoin-focused ETFs have recently debuted, such as Bitwise’s Bitcoin Standard Corporations ETF (OWNB), which focuses on companies holding large amounts of Bitcoin. Rex Shares’ entry into the Bitcoin ETF market marks an expansion of crypto-related investment products, providing opportunities for investors seeking exposure to Bitcoin’s potential without directly holding the cryptocurrency. The growing number of Bitcoin-focused ETFs highlights how Bitcoin is becoming an integral part of traditional finance, with institutional and corporate investors leading the way. The post Rex Shares Debuts Bitcoin Corporate Treasury Convertible Bond ETF appeared first on CoinGape .
In a significant development within the cryptocurrency regulatory landscape, David Sacks, the White House’s newly appointed chief for AI and cryptocurrency affairs, liquidated over $200 million in digital asset investments
Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple ( XRP ) price jumped by 4%, while Chainlink ( LINK ), Bonk ( BONK ), and JasmyCoin ( JASMY ) rose by over 5%. The rebound followed a report showing that U.S. consumer confidence crashed to its lowest level in two years. Most consumers are worried about Donald Trump’s tariffs and their potential impact on inflation. There are also concerns about ongoing job cuts by Elon Musk’s Department of Government Efficiency and their impact on the economy. As a result, consumers fear that the U.S. may be heading toward a recession. Risky assets often perform well during a recession because of Federal Reserve intervention. Historically, the Fed has responded to major black swan events by cutting interest rates and implementing quantitative easing. There are signs that the Fed may signal more interest rate cuts when it meets next week. The U.S. dollar index and U.S. bond yields have continued to decline. These rate cut expectations explain why U.S. stocks surged on Friday. The Dow Jones Index rose by 625 points, while the S&P 500 and Nasdaq 100 gained 102 and 400 points, respectively. The Russell 2000, which tracks small-cap companies, climbed more than 3%. Most notably, gold jumped to a record high of $3,000 for the first time. You might also like: 3 reasons Shiba Inu price may skyrocket 60% soon XRP, LINK, BONK, JASMY rise as US appears to avoid a recession Altcoins like XRP, LINK, BONK, and Jasmy also jumped as signs emerged that the U.S. would avoid a government shutdown. In a New York Times opinion piece, Senator Chuck Schumer argued that a government shutdown would benefit Elon Musk and Donald Trump, who are pushing to cut government spending. Further, these coins are likely rising as some investors buy the dip, considering that most of them are down by over 30% from their highest level in December. In a note to Bloomberg, an analyst from Janney Montgomery Scott said : “Nearly everyone is looking for a bottom and to ‘buy the dip’ at some point, but the current condition of the markets has not implied any real improvement on a technical basis – the tape is simply very oversold at this stage.” However, there’s a risk that the ongoing recovery in stocks and altcoins is part of a dead cat bounce, a temporary rebound during a broader downtrend. A DCB occurs when an asset in freefall bounces back briefly before resuming its downward trend. You might also like: Solana price slowly forms a rare pattern: can SOL surge 270%?
XRP has surged to $2.36, marking a 5% increase over the past 24 hours, with a market capitalization of $136 billion. Trading volume for the day reached $4.09 billion, as the cryptocurrency moved within an intraday range of $2.22 to $2.39, remaining 30.6% below its all-time high of $3.40. XRP On the one-hour chart, XRP
World Liberty Financial, a DeFi project associated with the Trump family, has denied recent media reports, calling them politically motivated and damaging to the crypto industry. In a statement posted on X, WLFI pushed back against coverage from The Wall Street Journal , Bloomberg, and other outlets, urging the public to disregard what it described as “sensational headlines.” “We encourage you to ignore clickbait and look beyond sensational headlines,” WLFI stated, reaffirming its mission to democratize finance. The unsubstantiated articles in the WSJ, Bloomberg, and elsewhere seem to be politically motivated and demonstrate a troubling pattern of agenda-driven journalism set on damaging the crypto industry. To set the facts straight: WLF is a DeFi project with a tremendous mission to… — WLFI (@worldlibertyfi) March 14, 2025 The project also highlighted its partnerships with leading blockchain organizations, positioning itself as a key player in the industry’s future. You might also like: Russia using crypto to bypass sanctions in oil trade with China, India: report Trump’s Binance stake and CZ’s pardon The media reports in question suggested that the Trump family has considered acquiring a stake in Binance.US, potentially through WLFI. These discussions allegedly coincided with Binance founder Changpeng Zhao’s reported efforts to seek a presidential pardon following his 2023 guilty plea for violating anti-money-laundering laws. https://twitter.com/cz_binance/status/1900482606568763681 While WLFI did not directly address the allegations, its response frames the coverage as part of a broader “war on crypto” narrative. Zhao also denied any discussions of a deal for clemency, calling the reports inaccurate and politically driven. You might also like: Crypto influencer sentenced to 45 months for swindling $2m from investors
BitMEX co-founder Arthur Hayes believes that crypto markets are undergoing a short-term correction before Bitcoin ( BTC ) and other digital assets soar to new all-time highs by the year’s end. In a new interview, Hayes says that deep corrections are not unusual based on historical bull cycles and believes it’s creating a healthier market structure that will help propel Bitcoin to $250,000 this year. “This thing is a short-term pain. We’re clearing out the deadwood. We had a great run from $20,000 to $110,000 on Bitcoin, essentially FTX low until TRUMP coin, and now we got a 30% correction. It’s pretty normal for a bull market. Yes, people might have had a little bit too much leverage. Maybe they bought too many shitcoins. But I think we’re going to clear out all that deadwood, and I still believe that we could be $250,000 Bitcoin by the end of the year. Does that mean that the particular shitcoin you own is going to be 100x higher? Probably not, because people get a little bit more discerning in the type of thing that they own, but at least from Bitcoin’s perspective, and overall market capitalization of crypto, I think we’re going to be much higher by the end of the year than we are today.” Hayes believes one main driver for Bitcoin and other digital assets to soar will be a large expansion of the monetary supply as governments print more money to address worsening macroeconomic conditions. “We know the response. When there’s financial distress, they always print money. It doesn’t matter what the political leanings, left, right, center, print money. This is the system that we’re in. We need the stress. We know what the response is. Survive the stress, profit from the response and so that’s our goal as crypto investors.” Bitcoin is trading for $84,677 at time of writing, up 4.4% in the last 24 hours. 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. Featured Image: Shutterstock/sakkmesterke/Andy Chipus The post ‘This Is Short-Term Pain’: Arthur Hayes Forecasts $250,000 Bitcoin Price, Says Market Clearing Out Deadwood appeared first on The Daily Hodl .
The ongoing legal battle between Ripple Labs and the SEC over XRP’s classification continues to evolve, potentially reshaping the regulatory landscape for cryptocurrencies. Despite facing legal challenges, XRP has seen