The Ripple community anticipates key decisions from the SEC meeting today. Legal experts warn that the Ripple case is far from over. Continue Reading: Ripple Community Awaits Crucial SEC Meeting Decisions The post Ripple Community Awaits Crucial SEC Meeting Decisions appeared first on COINTURK NEWS .
The post CZ Donates $1.2M in Crypto to Earthquake Victims appeared first on Coinpedia Fintech News Binance founder CZ has donated 1,000 BNB ($600K) each to Myanmar and Thailand to support earthquake relief efforts. The combined $1.2 million donation aims to provide urgent aid to affected communities. This move highlights the growing role of crypto philanthropy in disaster response, offering fast and borderless support. Binance continues to use its resources to make a real-world impact in times of crisis.
Shardeum, the popular Ethereum (ETH) Virtual Machine-based autoscaling network, is debiting its native token SHM with an airdrop to reward the community member. These events are part of the Shardeum mainnet launch this April with the awaited token listing, exciting investors for the potential SHM token price on launch and further performance. Shardeum Airdrop & SHM Token Listing Details Shardeum airdrop is among the most anticipated crypto airdrops of 2025. This is because the validators and community members have been long awaiting its mainnet launch. The mainnet will finally go live on April 15 behind the SHM airdrop on April 13. Interestingly, the eligibility and allocation are already shared with the participants for the registration period between March 14 and 21. All the eligible candidates are supposed to receive the airdrop during the token generation event. Besides, the airdrop is in two phases, and the second registration phase is currently live, running from March 22 to April 13. The participants of this phase will receive their tokens by June 13, 2025. According to the official SHM eligibility announcement , 5,516,575 SHM (2.22% of the initial supply) are allocated for the airdrop. These will be distributed across 63,494 qualified wallets. With this news, the expectation for the SHM token price is rising. SHM Token Listing & Price Anticipation at Launch After the token generation event, the team will live the Shardeum airdrop this April 13. Due to high demand, experts anticipate a major crypto exchange listing, which will attract exciting investors. This is because top exchanges listing could influence the SHM token price significantly. For now, it is uncertain what the Shardeum token’s price will be at launch. However, experts believe it could be around $0.50-$1.00 in the optimistic case, i.e., high investor demand and exchange listing. However, if the Shardeum token fails, the price can be anywhere between $0.05 to $0.50. Notably, this will entirely depend on the SHM’s circulating supply, airdrop hype, tokenomics, crypto market performance , and other factors. Final Thoughts: Is the Shardeum Airdrop Worth It? Crypto airdrops offer eligible candidates free tokens, which can turn profitable once the price rises. More importantly, it provides staking and governance participation on the blockchain network, making the airdrops worth it. However, the token’s performance depends on various factors, so smart handling is a must, especially as the token distribution often leads to price volatility. SHM airdrop is a milestone for the network and the community, whose worth can depend on the token’s further performance. The post Shardeum Airdrop Listing Date: What Will Be SHM Token Price on Launch? appeared first on CoinGape .
The Aptos Foundation has invested in Universal Health Token to accelerate the use of blockchain and Artificial Intelligence in decentralized healthcare solutions. According to a press release shared with crypto.news, Aptos Foundation, a nonprofit dedicated to supporting the development of the Aptos layer 1 blockchain, has made an “undisclosed investment” as a part of Aptos’ ongoing effort to support real-world applications that showcase the potential of blockchain technology. Universal Health Token, or UHT, is a Singapore-based firm behind the Proof-of-Health protocol, an initiative that combines AI-powered health tracking with blockchain. The Web3 project introduces a gamified approach to healthcare through its primary partner, GOQii, offering rewards to users for engaging in healthy behaviour. These rewards can be redeemed for digital services and healthcare-related products. GOQii was the first full health and fitness app to add UHT rewards. By combining behavioral science, blockchain, and AI, UHT hopes to empower people to take control of their health data while encouraging them to adopt healthier lifestyles through incentives. You might also like: Here’s why Aptos price is on the verge of a big breakout Although the announcement did not specify the technical details of the integration, UHT CEO Agastya Samat confirmed in a comment to crypto.news that Universal Health Token will be launching on Aptos. “With Aptos’s scalable infrastructure and developer-first ecosystem, we’re pioneering a new era of healthcare, powered by user-owned health data. From dynamic insurance to tokenized loyalty for healthy behaviors, we’re making preventive care more accessible, rewarding, and personalized. Aptos’ support across product, ecosystem, and growth makes them the perfect chain to support bringing this vision to life.” UHT CEO Agastya Samat With this investment from the Aptos Foundation, UHT plans to scale its infrastructure, expand global access, and fast-track partnerships, especially as it deepens integration with gamified engagement tools and AI features. The protocol has already secured support from several high-profile Web3 players, including Animoca Brands, Polygon Ventures, and other digital health-focused funds. Last year, UHT launched a quiz-driven game ‘Health Adventure by UHT’ on Telegram in partnership with GOQii. In related news, Aptos is making headlines in traditional finance circles. On March 6, asset manager Bitwise filed for an Aptos ETF with the U.S. Securities and Exchange Commission. If approved, it would be the first fund to give traditional investors direct exposure to APT, the native token of the Aptos blockchain. Read more: Bitwise files Aptos ETF with US SEC
The AI Prophecy memecoin has crashed over 70% in 3 days after Binance’s adjustment of the leverage and margin tiers for ACT/USDT pair had triggered liquidations and forced sell-offs. The AI Prophecy ( ACT ) continues to bleed, currently trading at $0.05, down by 24% in the past 24 hours. The crash began on April 1, as part of a broader market downturn that saw several altcoins on Binance drop between 20 – 50% in a single day. ACT saw the largest drop, crashing almost 60% from $0.19 to $0.08 in less than an hour and its market cap losing $96 million. In response, the ACT team launched an investigation to identify the cause of the crash. Yesterday, they posted an update attributing it to Binance ’s recent changes to leverage and margin tiers for multiple tokens, including ACT. Post Mortem Dear ACT Community, Over the past 24 hours, the ACT token experienced a significant and sudden price drop. We want to address the incident transparently and provide context. As you know, we are a community-driven project with no centralized leadership, and our… — Act I : The AI Prophecy (@ACTICOMMUNITY) April 2, 2025 You might also like: ACT team launches investigation into near 50% price drop on Binance On April 1, Binance reduced the maximum leverage position for ACT/USDT futures to $4.5 million and changed margin tiers, announcing the changes only 3 hours before implementation. As a result, traders who held leveraged positions on ACT were forced to reduce them, which triggered massive sell pressure. Binance’s investigation attributed the price crash to four users—three VIP traders and one non-VIP—selling a combined total of over $1 million worth of ACT on Binance spot market. The incident wiped 57 % from ACT price on April 1 alone, as the price opened at $0.19 and closed at $0.08 on that day. On April 2, ACT continued to bleed, losing further 35% and stabilizing at around $0.05. Its market cap now stands at $49.5 million, down by 94% since its zenith at $890 million. Source: crypto.news You might also like: Hyperliquid will adjust leverage limits for BTC and ETH after the recent 50X ETH liquidation event
Buckle up, crypto enthusiasts! The market winds are shifting, and not in a bullish direction. Bitcoin (BTC), the king of cryptocurrencies, just took a noticeable dip, sliding from a high of $88,000 to around $82,500 after former U.S. President Donald Trump announced the implementation of reciprocal tariffs. Currently hovering around $83,300 according to CoinDesk, BTC’s price movement is sending signals that are hard to ignore. But what exactly is behind this sudden downturn, and what does it mean for your crypto portfolio? Let’s dive into a market analysis of the situation. Why is Bitcoin Sentiment Suddenly Worsening? The primary catalyst for this shift in Bitcoin sentiment appears to be the announcement of reciprocal tariffs by Donald Trump. Tariffs, in essence, are taxes on imported goods. While intended to protect domestic industries, they often spark trade tensions and can lead to retaliatory measures from other countries. In a globally interconnected financial system, such actions can create uncertainty and fear, prompting investors to move away from riskier assets like cryptocurrencies. Here’s a breakdown of how tariffs can impact the crypto market: Increased Economic Uncertainty: Tariffs can disrupt global trade flows, leading to slower economic growth and increased inflation. This uncertainty makes investors nervous, and they tend to seek safer havens. Risk-Off Sentiment: When traditional markets react negatively to trade tensions, the ripple effect often extends to the crypto market . Investors might reduce their exposure to all risky assets, including Bitcoin and other cryptocurrencies. Potential for Currency Devaluation: As highlighted by Robin Brooks, chief economist at the International Institute of Finance, countries might devalue their currencies to offset the impact of tariffs, further adding to global economic instability. The Ominous ‘Death Cross’: Should You Be Worried? Adding fuel to the fire is the looming formation of a bearish technical pattern known as the “death cross.” This occurs when the 50-day simple moving average (SMA) crosses below the 200-day SMA. Historically, this pattern is viewed by some technical analysts as a signal of a potential long-term downtrend. Understanding the Death Cross: Moving Average Timeframe Significance in Death Cross 50-day SMA Short-term Represents recent price momentum 200-day SMA Long-term Represents long-term price trend Death Cross Crossover of 50-day SMA below 200-day SMA Potentially signals shift from short-term bullish to long-term bearish trend However, it’s crucial to remember that the “death cross” is not a foolproof predictor. Its accuracy in forecasting market downturns is debated, and many analysts consider it a lagging indicator. Nevertheless, its appearance during a period of heightened trade tariffs and economic uncertainty adds to the overall negative sentiment surrounding Bitcoin and the broader crypto space. China’s Yuan Devaluation: A Potential Crypto Black Swan? Robin Brooks’s warning on X about China’s potential response to U.S. tariffs is particularly noteworthy. If China decides to devalue its currency, the yuan, to make its exports cheaper and counter the impact of tariffs, it could trigger a cascade of negative consequences for global markets. Why Yuan Devaluation Matters for Crypto: Global Risk-Off Move: Yuan devaluation could spark a broader “risk-off” sentiment across global financial markets. Investors might rush to sell off risky assets, including cryptocurrencies, and move towards safer assets like the U.S. dollar or gold. Emerging Market Contagion: Historically, currency devaluations in major economies have often led to contagion in emerging markets. This could further exacerbate the risk-off environment and impact the crypto market, particularly in emerging economies where crypto adoption is growing. Dollar Strength: A weaker yuan could lead to a stronger U.S. dollar. Since Bitcoin is often priced against the dollar, a stronger dollar can sometimes exert downward pressure on Bitcoin prices. Brooks points out that China has been cautious so far in responding to trade tensions. However, with tariffs now becoming a reality, this caution might wane, and a more aggressive response, such as yuan devaluation, cannot be ruled out. This potential for a significant economic event adds another layer of uncertainty to the current crypto market landscape. Navigating the Crypto Storm: Actionable Insights So, what should crypto investors do amidst this swirling storm of negative Bitcoin sentiment and global economic uncertainties? Stay Informed: Keep a close watch on developments related to trade tariffs, China’s economic policies, and overall global market sentiment. Reliable news sources and market analysis are your best friends right now. Manage Risk: Consider reviewing your portfolio risk. If you have a high-risk tolerance, you might choose to hold your positions and weather the storm. However, if you are risk-averse, it might be prudent to reduce your exposure to cryptocurrencies or implement stop-loss orders to protect your capital. Diversify (Wisely): While diversification is generally a good strategy, during periods of heightened risk-off sentiment, correlations between different asset classes can increase. Consider diversifying across different types of cryptocurrencies and potentially into other asset classes like precious metals, but understand that broad market downturns can impact most asset classes. Long-Term Perspective: Remember that the cryptocurrency market is inherently volatile. Short-term price fluctuations are common. If you have a long-term investment horizon and believe in the fundamental value of Bitcoin and other cryptocurrencies, these periods of downturn can sometimes present buying opportunities – but only if you’ve done your research and are comfortable with the risks. Conclusion: Weathering the Crypto Uncertainty The current Bitcoin sentiment is undeniably bearish, fueled by renewed trade tensions and the specter of a potential “death cross.” The possibility of China devaluing the yuan adds another layer of complexity and risk to the global economic outlook, which naturally spills over into the cryptocurrency market. While short-term volatility is expected, it’s crucial to maintain a balanced perspective, stay informed, and manage risk effectively. The crypto market has weathered storms before, and understanding the underlying dynamics can help you navigate these turbulent times with greater confidence. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Bitcoin (BTC) continues to exhibit dynamic price action across various timeframes, shaped by key technical indicators and broader market sentiment. This analysis covers BTC’s price trends on the daily, weekly, 4-hour, and 15-minute charts, along with potential entry points, take-profit targets, and stop-loss levels. Daily and Weekly Analysis On the daily chart, BTC is facing resistance at $86,722, with crucial support at $82,899. A potential “death cross” — where the 50-day moving average may fall below the 200-day moving average — raises concerns of a downside shift. However, breaking above $86,722 could trigger a resurgence in bullish momentum, aiming for $90,000 as the next key target. The weekly chart reflects a mixed outlook. While BTC holds steady, breaking $86,722 resistance would open up a path to $90,000. However, failure to maintain support at $82,899 could prompt deeper corrections, testing the $80,000 psychological level. 4-Hour and 15-Minute Analysis On the 4-hour chart, BTC is consolidating between $82,900 (support) and $85,500 (resistance). A breakout from this range would signal the next major move. If BTC surpasses $85,500, expect a rise toward $88,000; otherwise, a drop below $82,900 could spur further selling pressure. The 15-minute chart shows increased volatility, with immediate support at $83,000 and resistance at $84,500. Short-term traders can leverage this volatility , but they must stay cautious due to the quick price swings. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Entry, Take-Profit, and Stop-Loss Levels Ideal entry lies near $82,900. Traders should target take-profit levels at $85,500 (4-hour resistance), $86,722 (daily resistance), and $90,000 for longer-term gains. A stop-loss below $81,500 provides a safety net against downside risks. BTC’s price action remains volatile and responsive to broader market movements. Short-term traders can capitalize on fluctuations, while long-term investors should watch for key breakouts above resistance levels. Risk management is essential to navigate these highly volatile conditions. 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 X , Facebook , Telegram , and Google News The post Bitcoin (BTC) Ready to Explode: Key Resistance Levels That Could Trigger Massive Gains appeared first on Times Tabloid .
COINOTAG News reports that as of April 3rd, the Binance Wallet has initiated the Token Generation Event (TGE) for StakeStone, inviting investors to participate. This opportunity allows investments until April
Hold onto your hats, crypto enthusiasts! Arizona is making waves in the digital asset space. The Arizona House is seriously considering a future where Bitcoin isn’t just a buzzword, but a strategic asset for the state. Two groundbreaking bills, SB1025 and SB1373, just cleared a major hurdle, passing through the House Committee of the Whole. This could be a monumental leap for Bitcoin legislation and for Arizona’s financial future. Let’s dive into what these bills are all about and what they could mean for the crypto landscape. Arizona’s Bold Move into Bitcoin Reserves According to Bitcoin Laws on X, the Arizona House Committee of the Whole has given the green light to SB1025 and SB1373. These bills are not just minor tweaks; they represent a significant shift in how a state government views and potentially utilizes cryptocurrency , specifically Bitcoin. Imagine a state not just regulating digital assets, but actively incorporating them into its financial strategy. That’s precisely what Arizona is exploring. Let’s break down each bill to understand the specifics: SB1373: Creating a Strategic Digital Asset Reserve This bill is about building a war chest of digital assets , but with a unique source. SB1373 proposes establishing a “strategic digital asset reserve.” The key here is how this reserve would be filled: with digital assets seized through criminal proceedings. Think about it – instead of just liquidating seized crypto into fiat, Arizona could be holding onto it, strategically. SB1025: Bitcoin Investment for State Funds SB1025 takes an even bolder step. It proposes allowing Arizona’s Treasury and the state retirement system to invest a portion of their funds – up to 10% – in Bitcoin . This is a significant move towards mainstream adoption at the state level. Imagine the implications if other states follow suit! Understanding Arizona’s Digital Asset Reserve Legislation (SB1373) SB1373 is particularly fascinating because it pioneers a novel approach to managing seized digital assets . Instead of immediately converting seized cryptocurrencies into traditional currency, Arizona is considering holding them as part of a strategic reserve. This reserve would be managed by the state treasurer. Here’s why this is noteworthy: Innovative Asset Management: It’s a forward-thinking approach to dealing with seized digital assets, recognizing their potential value and strategic importance. Potential Revenue Generation: Depending on market fluctuations, this reserve could potentially grow in value, offering a new revenue stream for the state in the long run. Setting a Precedent: Arizona could become the first state to establish such a reserve, setting a precedent for others to follow in managing seized cryptocurrencies. However, there are also considerations. The volatility of the crypto market means this reserve’s value could fluctuate significantly. Effective management and security of these digital assets will be crucial. Exploring Bitcoin Investment for Arizona’s Treasury (SB1025) SB1025 is arguably the more impactful bill in terms of mainstream cryptocurrency adoption. Allowing state institutions to invest in Bitcoin is a major endorsement of Bitcoin as a legitimate asset class. Let’s unpack the potential implications: Diversification of State Investments: Investing in Bitcoin could offer diversification benefits to the state’s investment portfolio, potentially reducing overall risk. Exposure to a Growing Asset Class: Bitcoin has shown significant growth potential over the years. Early adoption could position Arizona to benefit from future appreciation. Attracting Crypto Businesses and Talent: Such progressive legislation could make Arizona a more attractive destination for crypto businesses and talent, boosting the state’s economy. Of course, this also comes with challenges. Bitcoin is known for its volatility, and investing public funds requires careful consideration and risk management. There will be debates around the prudence of investing taxpayer money in such a volatile asset. However, the proposed 10% limit suggests a measured and cautious approach. What’s Next for Arizona’s Bitcoin Legislation? The journey for SB1025 and SB1373 isn’t over yet. Having passed the Committee of the Whole, the bills now proceed to a third reading and a final vote in the House. If they clear this hurdle, they will be sent to the Governor for signing into law. The crypto world will be watching closely. If Arizona’s Governor signs these bills, it would send a powerful message about the state’s stance on Bitcoin and digital assets. Key Takeaways: Bill Description Potential Impact SB1373 Establishes a strategic digital asset reserve from seized assets, managed by the state treasurer. Innovative asset management, potential revenue, precedent-setting for other states. SB1025 Allows Arizona’s Treasury and state retirement system to invest up to 10% in Bitcoin. Mainstream adoption, investment diversification, attracting crypto businesses, potential for growth. Why Arizona Bitcoin Legislation Matters for the Crypto World Arizona’s move is significant for several reasons: Legitimization of Bitcoin: State-level consideration of Bitcoin as a strategic reserve and investment asset further legitimizes Bitcoin in the eyes of traditional finance and government. Catalyst for Broader Adoption: Arizona’s actions could inspire other states and even countries to explore similar initiatives, accelerating the mainstream adoption of cryptocurrency . Economic Opportunities: Embracing Bitcoin and digital assets can position Arizona as a hub for innovation and attract investment and talent in the burgeoning crypto industry. The outcome of these bills in Arizona could be a bellwether for how governments worldwide approach Bitcoin legislation and the integration of digital assets into public finance. It’s a story worth following closely. Conclusion: Arizona Potentially Forges a Crypto-Forward Path Arizona stands at the cusp of potentially becoming a leader in state-level digital assets adoption. By advancing these groundbreaking Bitcoin reserve bills, the state is signaling a willingness to embrace innovation and explore the transformative potential of cryptocurrencies. Whether these bills become law remains to be seen, but the message is clear: the conversation around Bitcoin and its role in government finance is evolving, and Arizona is right in the thick of it. This is a development that could reshape the landscape of state finance and cryptocurrency adoption for years to come. Keep watching this space! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Binance's exclusion of Pi Network raises transparency concerns. Pi Network faces challenges despite recent success on BTCC Exchange. Continue Reading: Pi Network Faces Setback as Binance Excludes It from Listing The post Pi Network Faces Setback as Binance Excludes It from Listing appeared first on COINTURK NEWS .