Crypto prices retreated in the first 100 days of Trump’s administration as his tariff policies impacted market sentiment. Bitcoin ( BTC ) and most altcoins have dropped even as Donald Trump’s administration implemented positive policies, including supportive moves on crypto reserves. The Securities and Exchange Commission has ended lawsuits against prominent companies, including Uniswap ( UNI ), Coinbase, and Ripple Labs. However, crypto prices have fallen mainly due to macro factors, as Trump reignited a trade war with countries like Canada, Mexico, and China. This article highlights the top 5 crypto charts that have defined Donald Trump’s first 100 days in office. Crypto market cap has crashed by 14.7% The first chart below shows that the broader crypto market has significantly lagged behind the stock market since Trump took office. The total market capitalization of all cryptocurrencies has dropped by 14.7%, compared to declines of 6.9% for the S&P 500 and 7.9% for the Nasdaq 100. This performance is notable, considering Trump campaigned on being the “most pro-crypto president” in U.S. history, and his policies have been largely supportive. On a positive note, the crypto market cap has recovered somewhat, rising from $2.39 trillion earlier this month to $2.9 trillion. Crypto market cap chart | Source: TradingView You might also like: Exclusive: Oasis Protocol unveils verifiable AI agents for crypto trading DEX volume has moderated Decentralized exchanges saw a strong performance in January, fueled by a surge in meme coins. Much of this initial rally was driven by Donald and Melania Trump launching their own tokens ahead of the inauguration. DEX volume peaked at $564 billion in January, before moderating to $382 billion in February and $248 billion in both March and April as meme coin enthusiasm faded. DEX volume | Source: DeFi Llama Stablecoin market cap has jumped Stablecoins have continued to grow under Trump’s administration. Data shows that the total stablecoin market cap has risen to over $240 billion, led by Tether, USD Coin, Dai, Sky Dollar, and Athena. Since Trump took office, stablecoins have added $40 billion in total market capitalization. Stablecoin market cap | Source: DeFi Llama RWA growth has accelerated Meanwhile, demand for Real World Asset tokenization has grown to a record high. The market value of all RWA tokens has jumped to over $11.17 billion, up from $7.92 billion when Trump took office. The biggest players in the RWA industry are BlackRock BUIDL, Athena USDtb, Ondo Finance, Tether Gold, and Paxos Gold. One of the top stories in RWA was the collapse of Mantra , one of the biggest chains in the industry. RWA growth chart | Source: DeFi Llama Bitcoin ETFs had net inflows of $3.73 billion Spot Bitcoin ETFs have recorded $3.85 billion in net inflows so far under Trump’s administration. After seeing $5.25 billion in inflows in January, the ETFs experienced two months of outflows, but bounced back with $2.85 billion in inflows this month. Bitcoin ETF inflows | Source: SoSoValue Ethereum ETFs, on the other hand, have had net outflows of $132 million. This occurred as the Ethereum price plummeted against the US dollar and other assets, including Bitcoin and Solana. You might also like: PI Network faces mounting sell pressure as future token unlocks weigh on price
UK crypto rules enforce transparency and robust consumer protection. China removed tariffs to ease petrochemical production costs. Continue Reading: Crypto Surge: UK Enacts New Regulations as China Relaxes Tariffs The post Crypto Surge: UK Enacts New Regulations as China Relaxes Tariffs appeared first on COINTURK NEWS .
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin ( BTC ). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re at the forefront of the US lowering interest rates and expanding the money supply (or easily said: starting doing printer brr again). That is a heavy trigger for risk-on assets and will likely start pushing Bitcoin towards a new all-time high.” Next up, Van de Poppe thinks that investors who benefited from gold’s strong rally over the past few months will start to move their capital into crypto after the precious metal printed a local top at $3,500 per ounce. “The markets have started to peak for gold in the short term. I truly approve that we’re in a bull market for risk-off assets and that there are certain windows in between that provide windows for risk-on momentum. We’re on the edge of one. That means a 12-18 month window of risk-on assets to do well as the correlation between a strong gold price and falling altcoins has provided strong data. Gold has extended massively upwards as the RSI (relative strength index) data has gone into levels not seen since 1980, while ETH has gone so deep that it’s on the lowest point ever against Bitcoin on the weekly and monthly data.” Lastly, Van de Poppe says that historical data suggest that the offshore Chinese Yuan and US dollar ratio (CNH/USD) is tightly correlated to the value of the Ethereum versus Bitcoin ( ETH /BTC) pair. According to the trader, CNH/USD printed major bottoms in 2016 and 2019, and during those periods, ETH/BTC and the rest of the altcoin markets carved cycle bottoms before sparking huge upside bursts. Now, Van de Poppe believes that CNH/USD has bottomed out following the “tariff madness,” putting Ethereum and altcoins in a position to finally witness a true bull run. “Just like liquidity is the key trigger for Bitcoin, that’s the risk-on and risk-off appetite for altcoins, which can be provided through charts like the CNH/USD and gold. The altcoin markets have just witnessed the longest bear market ever, which was four years. The previous longest bear market was in 2016, although that was just 2.5 years… Macroeconomic tables are turning, and I assume we’ll see gold correct, Chinese Renminbi to turn upwards and altcoins to fire off.” Source: Michaël van de Poppe/X At time of writing, the ETH/BTC pair is trading for 0.01894 BTC worth $1,798. 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 Analyst Says Altcoins Turning Bullish After ‘Longest’ Bear Market, Names Three Factors Driving Crypto Rallies appeared first on The Daily Hodl .
SOL is back in the spotlight, as a bullish multi-year cup-and-handle pattern fuels growing excitement around an ambitious Solana price prediction . The formation has gained fresh relevance with recent strong performance—up 55% since early April—positioning Solana as one of the standout gainers among major altcoins . Still, broader economic uncertainty casts a shadow. As the US-China trade war starts to hit consumers and analysts price in a summer recession, sentiment could sour quickly. Solana has shown particular vulnerability to macro turbulence, shedding more than 65% since the US tariff war started just four months ago. Solana Price Prediction: Is SOL in for a New High? Popular X analyst Ali Martinez brought attention to the “textbook-perfect” cup and handle pattern after a decisive rebound off the lower support of the descending channel forming the handle. SOL / USDT 1-week chart, cup-and-handle pattern. Source: TradingView / Binance. The month’s reversal has proven the pattern’s integrity and set the Solana price on the breakout path, approaching its upper resistance. A successful breakout targets highs around $450, marking a potential 200% gain from current prices, though Martinez alluded to potential 4-figure gains. The setup appears increasingly plausible as technical indicators skew bullish. The Relative Strength Index (RSI) is trending upward, now closing in on the neutral 50 mark—typically a sign of growing buying pressure. More so, the MACD line closes in on a bullish golden cross, en route to overtake the signal line. This formation on the weekly time frame often coincides with major trend shifts. The last of which corresponded to the post-election and inauguration rallies—explosive periods which took the Solana price ot new highs. That said, Solana’s recent push has been rejected at the $160 resistance level—a key barrier that must be overcome to confirm a breakout. Overcoming it could trigger a rally towards the next key resistance level at $190. However, failure may trigger a correction, eying the next significant support around $125—a cause for concern with looming economic uncertainty. This New ICO Could Benefit Most From the Next Solana Rally New ICO Solaxy ($SOLX) could be the biggest beneficiary of a Solana price breakout as its first-ever Layer-2 scaling solution, filling a critical gap in the ecosystem. Solana has long lacked this capability, limiting its DeFi and cross-chain use case—until now. By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion and lowers transaction costs, while offering seamless interoperability across both blockchains. With over $32 million in its ongoing presale , investors are already rallying behind the project. When demand for Solana returns, it could be the one to reap fresh ecosystem liquidity. You can keep up with Solaxy on X and Telegram , or join the presale on the Solaxy website . The post Solana Price Prediction: Could the ‘Cup and Handle’ Pattern Send SOL to New Highs? appeared first on Cryptonews .
Ethereum’s recovery faces resistance as large whale inflows raise fresh concerns about sell pressure.
The Bitcoin price has just printed a rare Golden Cross on the weekly chart — a technical signal that historically appears once every market cycle. This Golden Cross has previously preceded some of Bitcoin’s most explosive bull runs, and analysts are eyeing its return as a sign that the next bullish leg up could be near. A Golden Cross occurs when a shorter-term Moving Average (MA), usually the 50-week MA, crosses above a longer-term one, like the 20-week MA. In the crypto world, this technical formation is perceived as a significantly bullish indicator that often leads to a long-term trend reversal or the start of a new uptrend. While the signal alone doesn’t guarantee gains, Bitcoin’s price history suggests it’s one worth watching closely. Bitcoin Price Flashes Super Rare Golden Cross According to ‘Merlijn The Trader’, a crypto analyst on X (formerly Twitter), the Bitcoin price has just flashed a Golden Cross, one that has only been seen three times in the past decade. Each time Bitcoin has printed this Golden Cross, it has undergone a parabolic move upwards. Related Reading: Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says In 2016, Bitcoin recorded a massive surge of 139% after flashing a Golden Cross on its price chart. Similarly, in the 2017 bull cycle, the flagship cryptocurrency underwent another crossover, which led to an astonishing 2,200% increase, marking one of its most parabolic rallies and capturing the attention of the world. In 2020, during the historic bull market that led to Bitcoin’s global exposure and dominance, the same Golden Cross pattern was formed. Following this, Bitcoin recorded a 1,190% rally, pushing its price to its then all-time high near $69,000 in 2021. Now, in 2025, five years after the previous Golden Cross appearance, Bitcoin has once again printed this powerful signal and could be on the verge of another historic rally. The analyst’s price chart shows the crossover forming clearly, with many comparisons to the previous cycle setups While the exact percentage price increase this time remains unknown, the consistency of the pattern has sparked the analyst’s prediction that Bitcoin may be gearing up for a powerful rally above $200,000. Analyst Predicts BTC’s Next ATH Target In another similarly bullish Bitcoin price analysis, Crypto Caeser, an analyst on X, has projected that the flagship cryptocurrency will soon hit a new ATH this cycle. While many suggest that the Bitcoin price surge above $109,000 during US President Donald Trump’s inauguration was its market top, a significant portion of the community still expect a rally to a higher peak before a bear market. Related Reading: Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means For Price Sharing a Bitcoin price chart that outlines its possible bullish trajectory, Crypto Caeser predicts that the flagship cryptocurrency could be heading to a “weak high” of $110,000. The analyst has pinpointed a key support zone around $90,000, emphasizing that this was the most optimal price level for maximum buying. Featured image from Pixabay, chart from Tradingview.com
Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store stablecoins . Crypto compliance firms typically score crypto wallet addresses based on their likelihood of involvement in illicit activities. The higher the risk, the higher the likelihood of foul play, and the less likely compliant crypto businesses are to accept the assets. Per the report, the amount accounted for roughly 5.14% of all stablecoin transaction volume in 2024. This is down 0.8% from 5.94% the previous year, but significantly higher than the 2.8% reported in 2022 and 1.63% in 2021. Proportion of high-risk stablecoin transactions. Source: Bitrace Related: Americans lost $9.3B to crypto fraud in 2024 — FBI Tron USDT tops high-risk transactions Tron -based USDt ( USDT ) dominates high-risk stablecoin transactions, with Bitrace data indicating that well over 70% of the volume moved on the network. The remaining high-risk stablecoin transactions are mostly Ethereum-based USDt and a small amount of USDC ( USDC ). A likely explanation for the prevalence of USDT is likely due to its larger market capitalization and adoption compared with other stablecoins. At the time of writing, CoinMarketCap shows that USDt has a market cap of over $148 billion, while USDC stands at over $62 billion. Tron’s prevalence is not as easy to explain. Ethereum remains the more popular choice for most stablecoin users, with DefiLlama showing nearly $124.3 billion worth of stablecoins circulating on the network. Tron ranks second, with about $71 billion — almost 43% less than Ethereum. When comparing USDT balances alone, Tron holds slightly more than Ethereum: 47.4% of USDT supply, versus Ethereum’s 45.44%. High-risk inflows by stablecoin type. Source: Bitrue Related: Tether stablecoin issuer and Tron launch financial crime unit Crypto gambling continues its rise Bitrace also reported that in 2024, online gambling platforms processed $217.8 billion worth of stablecoins — a 17.5% increase over the previous year. Once again, USDT also dominated this type of activity. Still, USDC’s market share is rapidly rising, clocking in at 13.36% in 2024. Stablecoin inflows to gambling platforms. Source: Bitrue The data follows recent reports that crypto casinos generated more than $81 billion in revenue in 2024 , even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Magazine: Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express
Traditional finance and blockchain efficiency draw closer each month, cementing real-world assets (RWAs) as crucial components of tomorrow’s financial infrastructure.
The total market cap of stablecoins has surged to nearly $240 billion, marking a significant milestone as it nears a new all-time high. According to DeFiLlama data , over $5 billion in new stablecoin supply was issued in the past week alone, representing a 2.18% increase over seven days and a 2.62% rise over the past month. Source: DeFiLlama Notably, Tether (USDT) continues to dominate the market with a market share of 61.92%, followed by other major players, including USD Coin (USDC), Ethena USDe (USDe), and Dai (DAI). Citigroup has released a report predicting explosive growth for the stablecoin market , estimating it could surpass $2 trillion by 2030 if favorable regulatory developments continue. Citigroup has projected a rise in stablecoin market, forecasting its total market cap to soar from $240 billion to $2 trillion by 2030. #Stablecoin #Citigroup https://t.co/tGNT3XfNC0 — Cryptonews.com (@cryptonews) April 25, 2025 Under its base-case scenario, the bank expects stablecoin supply to reach $1.6 trillion, while its optimistic projection puts that figure at $3.7 trillion. However, the report also cautions that without clearer regulations, the market could stall at around $500 billion. This growth is bolstered by a 53% year-on-year increase in active stablecoin wallets, which rose from 19.6 million in February 2024 to 30 million by February 2025. Additionally, the total stablecoin supply increased from $138 billion to $225 billion during the same timeframe, representing a 63% surge. With increasing adoption by institutions, integration in DeFi platforms, and usage in global payments, stablecoins are now fundamental to the digital economy. Even Federal Reserve Governor Christopher Waller recently acknowledged their significance , suggesting that U.S. dollar-backed stablecoins could help preserve the dollar’s global dominance. Federal Reserve Governor Christopher Waller has emphasized the potential of stablecoins to expand the reach of the US dollar. #Fed #Stablecoin https://t.co/nC0CRpmz4B — Cryptonews.com (@cryptonews) February 13, 2025 Mastercard and the Race to Mainstream Adoption A key driver of stablecoin adoption has been mainstream integration, most notably in the payments sector. Mastercard recently unveiled its “360-degree” strategy for stablecoin acceptance , enabling 150 million merchants to receive payments in digital dollars. Mastercard announced its partnership with payments processor Nuvei, Circle and Paxos to enable a seamless stablecoin payment ecosystem. #Mastercard #Stablecoin #OKXCard https://t.co/VyzaH9fRyY — Cryptonews.com (@cryptonews) April 29, 2025 Teaming up with payment processor Nuvei and stablecoin issuers Circle and Paxos, Mastercard has made it clear that stablecoins are not just a crypto novelty but a viable solution for seamless global payments. Their full-stack strategy includes wallet support, card issuance, on-chain remittances, and real-time merchant settlement. In tandem, Mastercard launched the OKX Card with the crypto exchange OKX, further easing access to stablecoin spending. Stripe, the payment giant, is also preparing the launch of its own USD stablecoin , with a target to expand beyond the US, UK, and Europe. @stripe is developing a U.S. dollar-backed stablecoin aimed at companies operating outside the United States, United Kingdom, and Europe. #Stripe #Stablecoin https://t.co/GJC0NTqA6X — Cryptonews.com (@cryptonews) April 26, 2025 Meanwhile, legislative momentum in the U.S. is creating fertile ground for this growth. The bipartisan GENIUS Act aims to establish a clear regulatory framework for stablecoins , encouraging adoption among traditional financial institutions. According to Standard Chartered, this clarity could expand the stablecoin market to $2 trillion within just three years, with implications not only for the cryptocurrency sector but also for U.S. Treasury demand and the dollar’s global dominance. Geopolitical Expansion: UAE and Russia Enter the Fray As the West lays the groundwork for a regulated stablecoin future, other regions are accelerating their digital currency strategies. Abu Dhabi, in particular, is emerging as a hub for stablecoin innovation. Three major entities, ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB), have recently joined forces to launch a dirham-backed stablecoin on the locally developed ADI blockchain. Three of Abu Dhabi’s top institutions have announced plans to launch a dirham-backed stablecoin regulated by the UAE’s central bank. ⁰ #AbuDhabi #Stablecoins https://t.co/O70EZA9WqY — Cryptonews.com (@cryptonews) April 29, 2025 The initiative is backed by the UAE’s central bank and is designed for a wide range of use cases, including everyday retail transactions, as well as machine-to-machine and AI-driven payments. FAB is expected to issue the stablecoin once it receives regulatory clearance, and the ADI Foundation has touted the blockchain’s scalability and transparency. Not far behind is Russia, where the idea of a ruble-backed stablecoin was a focal point at the recent Blockchain Forum in Moscow. Sergey Mendeleev, founder of the Exved exchange, proposed a list of seven criteria for what he called a “Tether replica.” Source: Cointelegraph Among the controversial features suggested were untraceable transactions and transfers without Know Your Customer (KYC) checks, elements that would conflict with existing regulations. While Mendeleev praised the overcollateralized DAI model, he admitted skepticism about the feasibility of such a product under current Russian law. In summary, the stablecoin market is expanding and evolving across multiple dimensions. From Wall Street to Abu Dhabi and Moscow, the global financial sector is gearing up to adopt. The post Stablecoins Market Cap Nears $240B All-Time High After $5B Weekly Surge appeared first on Cryptonews .
Polygon-incubated project Miden has raised $25 million in seed funding. The seed funding comes from investors including a16z crypto, 1kx, and Hack VC, with backing from figures like Rune Christensen of MakerDAO and Sreeram Kannan of EigenLayer. The round comes as Miden spins out of Polygon ( POL ) Labs’ Agglayer Breakout Program. Led by former Meta blockchain engineers Bobbin Threadbare, Dominik Schmid, and Azeem Khan, Miden is building a new type of zero-knowledge blockchain it calls an “edge blockchain,” according to a company release . An edge blockchain moves most of the computing and data storage from centralized servers to users’ own devices, like phones or laptops. This approach helps apps run faster, stay private, and scale more easily, without relying on a single, congested blockchain. You might also like: 1inch launches Solana integration to boost DeFi liquidity Confidentiality and auditability By decentralizing execution to the client side, Miden allows developers to build apps with hybrid public-private states and complex logic, while maintaining confidentiality and auditability. It plans to integrate with Polygon’s Agglayer and follow in the footsteps of other Breakout Program projects by distributing around 10% of its native token to POL stakers . Miden is currently in the final alpha phase, with early developers onboarded via its Pioneer program. According to 1kx’s Wei Dai, the project solves three critical problems in blockchain infrastructure: fragmentation, scaling bottlenecks, and privacy. The funding will support protocol development, ecosystem growth, and developer tooling. A mainnet launch is expected later this year. You might also like: OKX publishes proof of reserves with over 100% assets held for 22 cryptocurrencies