The US Senate has confirmed Paul Atkins as the new chairman of the SEC! 🎉 An experienced Wall Street consultant, Atkins promises to continue the crypto-friendly approach initiated during the Trump administration. His appointment may lead to a reduction in regulatory barriers and support for innovation in digital assets.
Senator Tim Scott is confident that Atkins will help restore clarity to crypto regulation, which will support the competitiveness of US markets. 🚀
sUSD back in the spotlight! 📉 The stablecoin from Synthetix has dropped to $0.83, causing a wave of concern about stability mechanisms. The main reason is an oversupply, particularly noticeable on Curve, where sUSD constitutes 75% of the DAI-USDC-USDT-sUSD pool. Recovery of the peg is in process, but volatility is expected.
Despite the drop, Synthetix founder Kane Warwick is confident about the future. He has increased his SNX holdings by selling 90% of his ETH. However, SNX is also down, having fallen 97% from its all-time high. 💼
Swiss company 21Shares has filed an application with the SEC to launch a spot ETF on Dogecoin! 🚀 The fund will track the OG meme coin Dogecoin, which is currently priced at $0.156. Details such as the ticker and fees have not yet been disclosed.
21Shares is collaborating with House of Doge Inc. to support the fund. The chances of SEC approval are estimated at 64% on Polymarket, reflecting growing optimism in the crypto industry. 📈
Bitcoin is back in the spotlight! 🚀 After Trump's freeze on tariffs, BTC surged to $83,000, but has now slightly retraced to $81,800. Analysts predict that a breakthrough above $86,900 could lead to a new record of $208,550. However, caution is advised: BTC flows to Binance have increased, which may signal a potential sell-off. 📉 We are monitoring the CPI and waiting for new movements!
Ethereum holds at $1.5K, but the market is still tense! 📉 Technical analysis shows that this level could become a turning point, but sellers are not giving up, and the risk of a drop to $1K remains. The 4-hour chart shows that the price is fluctuating in a descending channel, and if there is no breakout, volatility will increase.
On-chain analysis shows that sellers dominate, but the recent rise in purchases could change the situation. Will Ethereum rise or fall? The upcoming weeks promise to be interesting! 🚀
The flow of bitcoins on Binance has sharply increased over the past two weeks, reflecting investor activity amid macroeconomic uncertainty. 📈 Analysts attribute this to expectations surrounding the U.S. Consumer Price Index report. In a climate of volatility caused by Trump's tariff changes, cryptocurrencies, including bitcoin, are showing growth. All eyes on the CPI!
🚀 The crypto market is buzzing! BTC has soared to $83,000 after a pause in rates. Trump continues to influence the macro scene, and his actions have led to volatility. Yesterday, Bitcoin reached $83,500 but slightly corrected to $81,000. The market capitalization of BTC is now $1.620 trillion, with dominance above 60%.
🟢 Altcoins are also in the green zone. XRP leads with a 10% increase, almost reaching $2. Ethereum has returned to $1,600. The total market capitalization of the crypto market is nearly $2.7 trillion.
The XRP Army eagerly awaits April 16, when Ripple will present its appeal. 🗓️ Lawyer Fred Rispoli believes that the likelihood of a settlement or dismissal notification is 90%. Last month, the Ripple community celebrated the end of a lengthy court battle with the SEC, but the regulator remains silent for now. The question: is the case truly over? 🤔
A recently filed motion by Justin Kinner has become a new point of contention between Ripple and the SEC. The court document is an "emergency request" aimed at providing crucial evidence in favor of the defendants. However, the SEC argues that the request is "unnecessary," and Ripple can decide for itself whether the evidence is useful.
Crypto News: China and Russia have started using bitcoin for payments in energy deals! 🌍💰 This could mark the beginning of bitcoin's transformation from a speculative asset into a real monetary instrument, especially for countries seeking to reduce their dependence on the dollar.
The decline of the dollar's value may strengthen bitcoin's position. Analysts note that the weakening of the dollar has historically been associated with the rise of bitcoin. Keep an eye on changes in the Fed's policy and the dollar index (DXY).
Large investors have parted ways with DOGE for nearly $200 million over the past two days. 🐋 Their actions may trigger panic among small players and contribute to further declines in the meme coin's price.
Despite the launch of the Dogecoin ETP by 21Shares on the Swiss exchange, the price of DOGE has remained in the red zone. A spot ETF may have a more positive impact. 📉
The crypto market is coming alive! 🌟 PI Network has marked a solid growth against the backdrop of easing trading tensions between the USA and other countries. The price of PI soared to $0.65, but then retreated to $0.60, which still represents a 6% increase for the day.
The community is excited, predicting a possible rise above $2.50. Recent deals, including collaboration with Banxa, highlight confidence in the PI ecosystem. Let's keep an eye on the developments! 📈
Almost $250 billion returned to the spot crypto markets in the last 12 hours thanks to a 90-day pause and a reduction in US tariffs. 📈 The total market capitalization reached $2.7 trillion, increasing by 6% over the day.
Bitcoin rose by 8%, reaching $83,425, but then cooled off a bit. Analysts believe that BTC is ready for a breakout. Ethereum and other altcoins also showed growth, but the altseason has not yet arrived. 🚀
The Argentine Chamber of Deputies approved the creation of a special committee to investigate the scandal involving the meme coin Libra, linked to President Javier Milei. 🔍 The committee will be able to summon officials and demand documents. However, criticism has arisen due to the exclusion of the president and his sister from the investigation.
Milei is accused of promoting Libra, which led to a sharp rise and fall in its value. 🤔 Analysts found that 86% of investors lost $251 million.
The US Department of Justice has announced that it will no longer prosecute crypto exchanges, developers, and users for violating regulations. 🚀 This is due to the disbanding of the National Cryptocurrency Crimes Enforcement Team (NCET). The department will now focus on prosecuting those who use cryptocurrency for crimes such as terrorism and fraud. 🎯
🚀 Despite the panic sell-offs, TRON (TRX) and Ripple (XRP) remain bright spots in the crypto world! Glassnode reports that over 80% of their supply is still in profit, despite the market decline.
🌍 Global finances are shaken by trade conflicts, but TRX and XRP show resilience. Unlike ETH and SOL, where most holders are at a loss, TRX and XRP continue to stay afloat.
📈 XRP shows signs of life! Despite the recent decline, key indicators for Ripple are on the rise. The number of addresses holding at least one token has reached a record 6.26 million, indicating growing interest and confidence among investors.
Standard Chartered predicts a price surge for XRP to $5.50 this year and $12.50 by 2028. Potential approval of an ETF could serve as a growth catalyst. 🚀
Trump lowered global tariffs, and Bitcoin soared 🚀! The President announced a reduction of mutual tariffs to 10%, which caused BTC to rise from $77,000 to $81,900. More than 75 countries are ready for negotiations, while China raised its tariffs to 125%. According to Coinglass, $169 million in shorts were liquidated. Unexpected twists in the market continue! 📈
Ripple makes a historic move by acquiring brokerage giant Hidden Road for $1.25 billion! 🚀 This is not just a deal, but the creation of infrastructure for institutional investments in XRP and XRPL.
Now Ripple controls access to major exchanges, paving the way for instant settlements on XRPL. This could make XRP a bridge between crypto and traditional finance.
Although XRP has fallen by 3%, forecasts remain optimistic: up to $5.50 by the end of the year! 📈
Grayscale strengthens support for Cardano, solidifying it as the third largest position in its smart contract fund with a share of 22.91%. 🤑 This puts Cardano ahead of Avalanche and Polkadot.
The community is buzzing with rumors of a possible partnership with Ripple after a mysterious video. Exciting collaborations may be ahead!
The price of ADA has fallen by 16% over the week, but analysts see strong support levels. 📉 Investors are maintaining patience in anticipation of growth.
The chances of ETF approval for ADA in the US have dropped to 52%, but this could become an important catalyst for the price in the future.
Solana (SOL) is experiencing wild price fluctuations, and analysts are divided in their opinions. 🚀 One of them predicts a rise to $147 if the price exceeds a certain level. Others see a possibility of a drop to $80, but consider it a buying opportunity.
Last week, the price of SOL fell below $100 but quickly recovered to $107. Analyst Ali Martinez believes that if it holds above $95 and rises above $121, a jump to $147 is possible.
Some experts, like Alex RTB, expect a drop to $80 but are ready to invest at that level. 💡 Crypto_Jobs suggests that SOL may find a "key bottom" at the level of $68 – $70.