The Bit Journal

HashKey Capital is making waves in the digital asset world by launching Asia’s first XRP Tracker Fund — a bold move supported by Ripple itself. As institutional interest in altcoins grows beyond Bitcoin and Ethereum, XRP is finally entering the spotlight with structured exposure for professional investors.

A Landmark Move for XRP in Asia

Announced on April 18, the XRP Tracker Fund from HashKey Capital, one of Asia’s leading digital asset managers, is designed to offer regulated, secure, and li

Kyrgyzstan President Sadyr Japarov has signed constitutional law amendments that give the Digital Som, the country’s central bank digital currency (CBDC) some legal status.

According to a statement from Kyrgyzstan’s presidential office, the act is a part of the government’s broader effort to create the legal groundwork for a pilot project related to the Kyrgyzstan CBDC project and other digital currency applications.

Digital Som to launch next year

Following the signing of the amendments to t

According to sources, the Bitcoin price has recently risen to $86,000, but has since fallen slightly to $84,650. Experts are closely watching the market to see whether this price drop is just temporary or whether BTC is going to face a longer period of ups and downs. They are trying to know whether Bitcoin will continue to recover or will still be unpredictable. 

CryptoQuant’s Avocado Onchain mentioned in a recent post that Bitcoin’s price is mostly influenced by the different trends in the US

In the first quarter of 2025, Solana charged ahead with a headline-grabbing meme coin surge, capturing more than half of all decentralized exchange (DEX) volume. But while traders rode the hype, Ethereum quietly retook its position as crypto’s economic anchor, less flash, more substance.

Now that the meme coin glitter is fading, the debate heats up: Ethereum vs Solana—who’s really winning in 2025?

Solana’s Q1 Explosion: Volume, Meme coins, and Momentum

The numbers were quite impossible to ign

The renowned venture capitalist Tim Draper spoke on The Raz Report about crypto and business trends as he recently invested early in Tesla, Hotmail, SpaceX, and Bitcoin. 

Draper delivered a mix of sharp insight and trademark optimism, reaffirming his strong conviction that Bitcoin remains significantly undervalued. Draper stated firmly that his Bitcoin price prediction of $250,000 stands firm.

“Sure, yeah. I mean, people want a prediction $250,000 by the end of this year. But realistically, I

Ripple is not just playing the crypto game anymore — it’s rewriting the rules. With its acquisition of Hidden Road, a traditional finance prime brokerage, Ripple has stepped squarely into institutional territory. And with FINRA’s latest green light, the move just got a lot more serious.

Ripple’s Hidden Weapon: Hidden Road Gains FINRA Approval

Ripple-backed Hidden Road has officially secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA), unlocking the firm’s a

The Crypto Reserve Bill from Arizona stands near complete approval after the House of Representatives passed it, demonstrating substantial progress for cryptocurrency adoption at the state level. A new Digital Assets Strategic Reserve Fund would be established by SB 1373 through the collection of digital assets obtained in criminal investigations as per crypto sources. After approval by the House Committee of the Whole on April 17 the bill requires a final vote to become law before Governor Kati

Crypto market confidence took a hit this week as serious allegations emerged against Mantra and its market makers. At the heart of the controversy: claims of inflated OM token liquidity through validation loopholes and wash-trading schemes — shaking investor trust and triggering a dramatic 90% price collapse.

Mantra’s OM Token Under Fire for Liquidity Manipulation

According to a detailed investigation by CryptoSlate, several entities linked to Mantra reportedly exploited data self-reporting ga

According to a recent report, Solana’s price has increased by 4.5%, after getting approval from Canada for its first-ever spot Solana ETFs ( which is a type of investment fund)in North America.

This is a huge step toward attracting more serious and professional investors to the crypto world. The spot Solana ETF allows investors to invest directly in cryptocurrency,  unlike future-based products, which means they can track real-time Solana prices. Investors’ trust is growing because of this move

Market traders focus on the BNB Price Eyes Breakout strategy because Binance Coin (BNB) needs to overcome the $580 resistance barrier. The price for BNB dropped down to reach $576, then increased slightly, but continues to face resistance at the $600 mark, which it has failed to breach based on data provided by Binance chart analysis.

BNB PRICE

BNB Price Faces Resistance Below $600 Mark

BNB Price showed indications of price weakness through price data provided by TradingView on Binance when i

Stocks in the United States dropped sharply Wednesday amid growing trade tensions and fresh warnings from the Federal Reserve (Fed). Investors reacted negatively to export restrictions and economic uncertainty, leading to steep losses in major indexes. Meanwhile, Bitcoin (BTC) and the crypto market remained stable, defying market trends and drawing interest from investors seeking alternatives.

Nvidia-led Tech Plunge Hits Markets Hard

Nvidia‘s shares suffered a steep 10% decline after the firm

XRP is at a crossroads again as it hovers above the XRP $2 support. What initially appeared to be a healthy correction has evolved into a standoff between bulls holding onto key levels and bears pushing for a deeper decline. While technicals are losing steam, broader market signals, regulatory news and exchange behavior are all fueling the speculation around XRP’s next move.

XRP Pulls Back From $2.25—Support Tested Again

The latest drop from $2.25 was quick and sharp, taking XRP below $2.15 an

Ethereum, the once-uncontested king of smart contracts, is now navigating increasingly choppy waters. As fresh capital pours into Solana — over $120 million bridged from rival chains in just 30 days — crypto watchers are asking the tough question: is Ethereum Scalability losing its iron grip on DeFi?

Once known as the launchpad of every major crypto trend — from NFTs to DeFi and DAO governance — Ethereum is now facing an identity crisis. The latest shift in liquidity marks a growing appetite fo

The Panama City Council has set a precedent by becoming the first Latin American government institution to accept crypto payments for public services.

According to Mayor Mayer Mizrachi’s announcement on the social media platform X, the city will allow citizens to pay their fees, taxes, tickets, and permits using BTC, ETH, USDC, and USDT.

The Mayor stated that Panama City Council had partnered with a local bank to facilitate receiving crypto payments for public services before converting them t

The crypto market has taken a sharp downturn, rekindling fears of another prolonged crypto winter. According to data reported by Yahoo Finance, Bitcoin has officially slipped below its 200-day simple moving average, a critical threshold often viewed as a tipping point between bullish and bearish sentiment.

A Familiar Chill Sweeps Across the Market

With this drop, Bitcoin joins a growing list of top 50 cryptocurrencies now deep in bear market territory — prompting analysts to declare that the w

According to an official announcement by Bybit on April 16, the global crypto exchange will be closing many of their web3 chapter by the end of May 2025. This move is a part of a bigger plan, which has a goal to grow more on its blockchain features and to improve the user experience. 

Bybit made this decision to focus on its long-term goals for blockchain development, especially because of the growing competition, and users are always looking for different features. 

Major Web3 Chapter Set to

Chinese local governments are reportedly intensifying efforts to manage and deal with billions of dollars’ worth of criminal crypto stashes confiscated from illicit activities.

According to a report in Reuters, the absence of a unified rule has triggered concerns over potential corruption and inconsistent enforcement. This has prompted local governments to try to find ways of cashing out the hordes of digital assets, igniting calls from courts and the financial industry for better regulation.

According to Nvidia’s SEC filing, on Tuesday evening, both tech stocks and cryptocurrencies saw a sharp drop, as the revelation of Nvidia $5.5B charge caused the market to shake. The U.S. government banned Nvidia, a California-based tech company that designs chips. 

On April 9 2025, the company was restricted from selling its H20 chips, which are a special part that enables AI tasks. Nvidia, without having an official license to export, cannot sell its H20 AI chips to China, Hong Kong, and Maca

According to recent reports, Ripple CEO Brad Garlinghouse told Fox Business on 11 April that the company has reached a potential $50 million Ripple vs SEC settlement agreement with the SEC pending final commissioner approval.

The resolution is part of a larger $125 million escrow, it indicates regulatory thaw and institutional confidence in crypto regulation in the United States. “We even talked about making that available in XRP,” Garlinghouse said, suggesting XRP’s growing legitimacy in regul

According to Bo Hines, the Executive Director of the Presidential Council of Advisers on Digital Assets, the United Nations is trying to find innovative methods to grow its Strategic Bitcoin Reserve without adding burden to the federal budget. 

In a recent podcast with Anthony Pompliano, Hines said that the government is trying to explore different options to purchase more Bitcoin without affecting the federal budget. It will be using the Tariff revenue, gold revaluation and surplus funds to ex