U.S. stocks surged Tuesday, recouping steep losses from the previous session, as investors bet on easing trade tensions between the U.S. and China. The Dow Jones Industrial Average rose 1,009 points, or 2.7%, while the S&P 500 gained 2.4% and the Nasdaq Composite climbed 2.5%. Markets spiked after Treasury Secretary Scott Bessent told a group of investors that the current U.S.-China trade standoff is “unsustainable” and signaled that a “de-escalation” is likely. “No one thinks the current status quo is sustainable,” Bessent said during a JPMorgan-hosted meeting, according to sources cited by Bloomberg. Stocks closely tied to China responded positively, with the iShares China Large-Cap ETF and the iShares MSCI China ETF each rising about 3%. You might also like: Bitcoin price breaks bearish structure: is a higher low the launchpad to new highs? Deal could take years However, equities eased from session highs after Bessent also warned that trade talks had yet to formally begin and that a final deal could take years. “If we walk out the door of negotiations and signed something in two or three years that looked like that, I would think that it’s a huge win,” he reportedly said. The sharp reversal came after Monday’s sell-off , when the Dow fell nearly 1,000 points following President Trump’s renewed attacks on Fed Chair Jerome Powell. Investors remain wary of the uncertain direction of U.S. trade policy, especially as the administration also engages in discussions with India. Tesla shares rose 5% ahead of its earnings report, although the EV maker remains down roughly 40% year-to-date, amid slumping demand and political controversy surrounding CEO Elon Musk. The global crypto market cap is at $2.85T, a 4.30% increase over the last day with Bitcoin ( BTC ) trading at $91,340, according to crypto.news data. You might also like: Sui rises 11% in a day, as memecoin craze gains momentum
April 2025 has brought turbulence across the crypto sector, with blue-chip assets like Ethereum and popular meme coins like Dogecoin experiencing steep declines. While DOGE has tumbled by over 12% in recent trading sessions, Ethereum is facing intensified selling pressure triggered by long-term wallet dumps and macro fears. This downturn is prompting investors to reconsider their next move. Dragoin ($DDGN) , a meme coin with a live product coming up and a fully structured presale, is gaining traction—not because of hype, but due to numbers that are grounded in progress. In a market driven by headlines and fear, Dragoin’s fundamentals are offering a different kind of clarity. Dogecoin: Slipping Through Support Once the undisputed leader of meme coins, Dogecoin is facing renewed stress as its price dips below key thresholds. This week, DOGE slipped beneath the $0.14 mark, putting its $0.13 support line under pressure—a level it hasn’t tested for weeks. The Relative Strength Index (RSI) now hovers near 34, signaling weakening momentum. Technical charts further suggest a bearish trend, supported by a negative MACD crossover that implies continued downside could be in play. Beyond technicals, Dogecoin continues to struggle with the same underlying challenge it has faced for years: utility. As other tokens evolve into platforms, DOGE still lacks built-in functions that incentivize users to do more than hold and hope. While the coin remains a symbol of crypto’s playful side and benefits from its early visibility, there’s little beyond sentiment to support lasting growth. For many holders, the investment case for DOGE continues to rely on speculative rallies, without a product or incentive structure to drive sustained traction. Ethereum: Macro Pressure and Whale Moves Ethereum’s situation this week is shaped not just by the charts but by high-stakes transactions and global financial indicators. A wallet linked to Donald Trump reportedly sold more than $7 million in ETH, stirring market anxiety over large-scale liquidations. This sale came on the heels of a broader wave of ETH exits by prominent wallets, accelerating the pressure on Ethereum’s already fragile support zones. Analysts now warn that if the current trajectory holds, ETH could revisit the $1,400 level. Adding to the uncertainty is the macroeconomic climate. Ongoing interest rate speculation, global political shifts, and fluctuating inflation numbers have cooled investor enthusiasm across the board. Ethereum continues to support a vast network of decentralized applications, NFT platforms, and DeFi projects, but its price is being driven by external forces more than internal innovation. While the long-term value proposition of Ethereum is widely acknowledged, current price action reflects short-term caution rather than renewed confidence. Dragoin: Real Utility and a Transparent Path In contrast to both DOGE and ETH, Dragoin ($DDGN) is a more accessible and transparent option for retail participants. Its foundation is built around a Telegram-based play-to-earn game that’s already live in beta. Players earn $DDGN tokens by controlling dragons and completing game objectives, tying token value directly to user interaction. Rather than speculating on future use cases, users are already participating in the ecosystem today. As of now, Dragoin’s presale is in Stage 1, with each token priced at $0.0000292. The launch price is set at $0.002, offering a potential 6,750% return for early-stage buyers. The presale will move through 25 structured stages, each with incrementally higher pricing, encouraging early adoption without relying on artificial scarcity or opaque mechanics. Tokenomics have been carefully laid out. Half of the 200 billion token supply is reserved for presale participants. Thirty percent support the broader ecosystem, including in-game rewards and future development. Liquidity receives 15%, while the team receives 5%, with that portion locked for two years to ensure alignment with project goals. Additionally, all unsold tokens will be burned permanently following the presale, tightening supply and reinforcing value. What’s more, the Dragoin smart contract will be renounced after launch, eliminating centralized control. The referral program, staking incentives, and active community channels are further driving organic growth. It’s a project designed with early adopters in mind, yet built for scalability without leaning on influencer campaigns or vague roadmaps. Key Takeaways Dogecoin and Ethereum may still command name recognition, but recognition doesn’t guarantee results. Dogecoin’s fundamentals remain thin, while Ethereum is temporarily weighed down by whale activity and economic tension. Both assets are navigating unclear futures—whether it’s DOGE’s lack of innovation or ETH’s exposure to macro forces. Dragoin, by comparison, is moving with a defined structure, open economics, and a working product. Its user-first incentives and transparent rollout give it immediate relevance and a stronger case for long-term value. For investors eyeing practical growth rather than passive holding, Dragoin offers not just a fresh name, but a functional reason to engage now. Learn More About Dragoin: Presale: https://purchase.dragoin.io/ Website: https://dragoin.io/ Telegram: https://t.me/DragoinOfficial Twitter: https://x.com/DragoinOfficial Continue Reading: With DOGE Down 12% and Ethereum Price Sliding, Here’s Why Dragoin is the Best Crypto to Buy Now
Trump Media & Technology Group (TMTG), behind Truth Social, is moving into the financial sector with a new offering. Announced earlier today, the company has partnered with Crypto.com and Yorkville America Digital to create new crypto investment products. These exchange-traded funds (ETFs) will focus on digital assets like Bitcoin (BTC) and American-made companies. If regulators approve, these digital products will be sold under the brand “Truth.Fi” and may launch later this year. Truth ETFs: Invest in Crypto and U.S. Businesses The upcoming “Truth” ETFs will allow users to invest in cryptocurrency and American businesses. The idea is to support the U.S. economy and participate in the growth of digital assets. Other investment options, like managed accounts, will also be available. Users can buy these through regular brokerage platforms in the U.S., Europe, and Asia. This initiative has sparked much interest in the crypto community and from major industry players. TMTG CEO Devin Nunes sees this move as a major step into the financial world. He believes the new products will appeal to people who support the U.S. economy and digital assets. Crypto.com’s CEO Kris Marszalek believes the deal shows the company’s strength in connecting traditional finance with digital assets. Yorkville CEO Troy Rillo sees the initiative as an important “America-first” investing step. TMTG Commit To New ETF With Massive Investment Trump Media is not just launching these products; it is also investing in them. The company plans to invest up to $250 million in the new funds. Charles Schwab, a well-known financial firm, will help keep these funds safe as their custodian. Interestingly, before TMTG’s latest announcement, Rick Wurster, Charles Schwab’s CEO, predicted that the U.S. market would likely see the launch of new spot crypto trading within the next 12 months. Furthermore, TMTG has also applied for trademarks for six different investment products under the Truth.Fi brand. These focus on American manufacturing, energy independence, and Bitcoin investment. This move shows Trump Media wants to be more than just a social media company. Will the SEC Approve the New ‘Truth’ ETFs? The launch of TMTG’s “Truth” ETFs is pending approval from the U.S. Securities and Exchange Commission (SEC). While the SEC has approved some spot Bitcoin ETFs in the past, approving these new crypto ETFs will depend on regulatory reviews. Many are watching to see the agency’s evolving stance under new leadership . Meanwhile, the SEC is currently reviewing several crypto-related ETFs. These include those focused on popular cryptocurrencies like SUI , XRP, Solana (SOL), and Dogecoin (DOGE). The post Trump Media Partners With Crypto.com To Launch New ETFs Line appeared first on TheCoinrise.com .
Bitcoin’s recent surge over the Easter weekend reflects a significant shift in market dynamics, signaling renewed institutional interest and optimism. This movement away from traditional equity markets is underscored by
Ethereum is at a crucial crossroads as whale movements suggest possible bearish sentiment, while retail engagement remains steadfast amidst fluctuations. Transaction data indicates that while large transfers have notably increased,
Ethereum has responded to a critical daily support level with a strong bounce, offering a glimmer of hope for bulls. However, price action remains within a larger range, and the path to recovery depends on structural confirmation and volume support. Ethereum recently found support at the key daily level of $1,550 after undergoing a steep and aggressive sell-off. This level has historically acted as a strong area of interest, and price reacted accordingly, printing a sharp 10% bounce to the upside. While this move looks promising in isolation, it’s important to note that it occurred within a broader bearish market structure, which has remained intact for several months. The sustainability of this bounce depends largely on follow-through and whether volume can support continued upward momentum. Key points Ethereum bounced 10% from daily support at $1,550, but the move lacks volume strength. The $2,000 resistance is critical for breaking the bearish structure and confirming a higher high. Failure to reclaim $2,000 increases the probability of a return to range lows near $800. EThereum USDT Daily Timeframe (1D) Source: TradingView Despite the rally, the volume profile remains subdued. For this bounce to evolve into a structural shift, Ethereum must not only hold above the $1,550 level but also push higher with conviction. The $2,000 zone serves as a pivotal resistance level; it marks the threshold for breaking the current sequence of lower highs and lower lows. A confirmed break above this level would establish a new higher high and potentially reset the market structure toward a bullish direction. Without this confirmation, the recent bounce may simply be another lower high in the ongoing downtrend. You might also like: Dutch Blockchain Week 2025 If Ethereum fails to clear the $2,000 mark, the likelihood increases that the asset will remain trapped within its broader range. In that scenario, price action could slowly rotate back toward the range low around $800, especially if bearish momentum returns. The current rally could then be interpreted as a reactive bounce from support, rather than the start of a trend reversal. This underscores the importance of watching not just price levels, but the quality of the move itself, particularly volume and continuation candles. Ethereum’s trajectory hinges on how the market reacts at the next critical resistance. A continuation of the upward move with strong participation could signal that the bottom is in, and that a new higher low is forming, a key ingredient for a bullish reversal. However, any sign of exhaustion or failure to maintain bullish pressure will likely result in a retrace or, worse, continuation of the existing downtrend. What to expect in the coming price action If Ethereum can hold above the $1,550 support and push through $2,000 with increasing volume, a new bullish market structure may begin to take shape. Until then, this bounce should be treated with caution. If rejected below $2,000, the market may drift back into its established range, with $800 acting as the next major support. Traders should be prepared for either scenario and manage risk accordingly. Read more: Matter Labs sued by BANKEX over alleged theft of technology
On April 20, Zora coins surged to an all-time high in daily active users, driven by a wave of viral activity tied to the cannabis-themed cultural moment of “4/20.” The spike saw more than 200,000 transacting users, marking a milestone for the platform. But instead of being a celebratory moment for Base and its ecosystem, it sparked a polarizing debate over the value, or lack thereof, of so-called “content coins.” The Surge and the Backlash At the center of the storm is Head of Base and Coinbase Wallet Jesse Pollak, who took to X to hail the milestone as a sign of growing on-chain adoption. However, the fanfare was cut short by sharp criticism from pseudonymous blockchain investigator ZachXBT. “All of these ‘viral’ coins yet not even a single $5M+ runner,” he posted, criticizing the model as little more than micro-cap meme coins repackaged. His argument? If most content tokens never achieve meaningful liquidity, how can they realistically support creators? Pollak responded with an impassioned defense, arguing that a lot of content was worth nothing: “Most of it is worth close to zero, a small percentage of it is worth something, and an even smaller amount is worth a large amount.” He also likened content coins to the monetization models of social platforms like TikTok and Instagram, where only a few posts can generate huge returns: “How often do you think instagram or tiktok generates enough revenue from a single piece of content attention to generate a $5m valuation?” The developer maintained that Zora’s model, which lets creators tokenize individual pieces of content, is still in its infancy, “day one,” as he put it, and should be judged by engagement and cultural relevance rather than speculative trading volume. Prominent crypto commentator Zach Guzmán also weighed in on the debate, suggesting that content coins shouldn’t be viewed like their meme counterparts. Instead, he framed Zora’s model as a way for creators to monetize volume rather than rely on speculative pumps. Still, critics remain unconvinced, with some dismissing the trend as a “throw as much sh*t out there and see what might rise above” approach that harms the industry’s reputation. A Battle of Philosophies There’s also an ideological split about who these coins are really for. While Pollak insists that platforms prioritize creators and developers, critics like Pump.fun co-founder Alon Cohen are of the opposite opinion. “If you’re tokenizing anything, traders come first,” he argued , claiming that when crypto traders cannot benefit, “creators & devs don’t eat.” The controversy follows closely on the heels of the contentious rollout of the Base is for everyone token. Marketed as a content coin rather than a meme asset, it skyrocketed to a $17 million market cap before crashing amid suspicions of insider trading, with on-chain trackers pointing to wallets that allegedly profited over $600,000 by front-running the token’s launch. The post Zora Coins Hit User High as ZachXBT Blasts Platform’s Value for Creators appeared first on CryptoPotato .
Tesla reported first-quarter revenue of $19.34 billion, below estimates of $21.37 billion. The company did not sell Bitcoin, nor did it buy any. *This is not investment advice. Continue Reading: BREAKING: Tesla Released Earnings Report! Did He Sell Bitcoin? Here are the Details
Bitcoin ( BTC ) price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a new all-time high of $3,500. While the BTC rally and its growing decoupling from equities are noteworthy, it's the derivatives market that offers an even more bullish signal. According to data from CoinGlass , Bitcoin open interest (OI) soared by 17%, reaching a 2-month high at $68.3. OI measures the total capital invested in BTC derivatives, and such an uptick shows a growing bullish sentiment among traders. The market is currently in contango — a situation where futures prices (notably CME Bitcoin futures) are higher than the spot price. This typically occurs because investors anticipate rising prices and take advantage of leverage tools offered by exchanges, allowing them to gain greater exposure through futures than they could with direct spot purchases. This raises two questions: Who is buying, and why? Institutional interest reawakens A key metric for understanding investor composition is the Coinbase Bitcoin Premium Index. It measures the percentage price difference between Bitcoin on Coinbase Pro (BTC/USD) and Binance (BTC/USDT). Since Coinbase Pro caters predominantly to US-based institutional investors, while Binance has a broader global retail audience, this premium can indicate where the buying pressure is coming from. While the first half of April showed strong retail dominance, April 21–22 saw institutional demand kick in, with the Coinbase premium rising to 0.16%, per CoinGlass . Coinbase Bitcoin premium index. Source: CoinGlass Michael Saylor’s Strategy could be among those buyers. On April 21, Saylor announced the acquisition of 6,556 more BTC for approximately $555.8 million at an average price of ~$84,785 per coin. This brings MicroStrategy’s total holdings to an eye-watering 538,200 BTC, worth approximately $48.4 billion at current prices. On a smaller scale, Japan-based Metaplanet also added 330 BTC to its treasury, pushing its total to 4,855 BTC, the company’s CEO announced on the same day. Meanwhile, investors who favor traditional financial instruments over direct Bitcoin holding have also begun to renew their interest. According to the CoinGlass data , on April 21, BTC ETFs recorded $381 million in inflows — a much-needed reversal after a prolonged period of heavy outflows. Since February, ETFs had suffered 33 days of net outflows versus just 21 days of inflows, with outflows strongly dominating in volume. The recent reversal suggests renewed confidence, particularly from TradFi-aligned investors. Related: Bitcoin risks 10%-15% BTC price dip after key rejection near $89K The dollar fades as Bitcoin rises Since tariff fears took grip of the market, institutional investors have kept Bitcoin and equities at arm’s length, but something shifted over the Easter weekend. Crypto analyst Rekt Capital noted that Bitcoin has decisively broken out of its multimonth downtrend “The multimonth downtrend is over. And when a technical downtrend is broken, technical uptrends emerge.” BTC/USD 1-day chart. Source: Rekt Capital Another, more macroeconomic, factor may be the increasing tension between US President Donald Trump and Federal Reserve Chair Jerome Powell. Their growing rift, centered on concerns about inflationary pressure from tariffs and the Fed’s reluctance to cut rates, has cast a shadow over the US dollar. The US Dollar Index , which tracks the dollar’s value against a basket of currencies, has been in freefall since February, reaching lows last seen in 2022. Trump’s public pressure on Powell, and speculation that he might attempt to remove him or other Fed officials, is fueling anxiety over the Fed’s independence — a foundational pillar of the US financial system. The potential consequences of a falling dollar for the global economy are difficult to predict, but one thing is clear: Bitcoin stands poised to be a major beneficiary. A decentralized, censorship-resistant money governed solely by code, with a fixed supply schedule and no central authority to manipulate its issuance. As confidence in traditional monetary systems continues to erode, Bitcoin’s narrative grows ever stronger. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
On Tuesday, the global crypto market climbed 4.94%, buoyed by bitcoin reaching an intraday peak of $91,761. The leading digital asset has appreciated 5.1% within the past 24 hours, with the broader crypto economy expanding by $130 billion since 5 p.m. on Monday. Bitcoin Booms, Wall Street Rebounds: Dow, Nasdaq, and S&P Ride Tuesday High