The rising Open Interest signaled bullish conviction in the short-term- but should traders trust it?
Binance has chosen USDC as the default currency for new users. This update aims to facilitate instant and fee-free transactions. Continue Reading: Binance Adopts USDC as Default Currency to Boost User Experience The post Binance Adopts USDC as Default Currency to Boost User Experience appeared first on COINTURK NEWS .
While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin’s Sunday Decline Triggers Deep Losses Across Digital Assets By Sunday evening, just before 5 p.m. ET, bitcoin ( BTC) was changing hands
In a bold move, MMA champion Conor McGregor has officially entered the crypto arena with the launch of his meme coin, “ REAL .” The project, released on April 5, promises to offer more than just celebrity hype, positioning itself as a token rooted in transparency, integrity, and long-term vision. McGregor’s new venture arrives amid a renewed frenzy in the meme coin market and an increasingly unstable macroeconomic backdrop that has driven investors to alternative assets. I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game. This is just the beginning. This is $REAL @getrealtoken https://t.co/tdUyvqyZHZ #GetReal pic.twitter.com/imoAYwY8D1 — Conor McGregor (@TheNotoriousMMA) April 5, 2025 REAL Meme Coin: “Not Some Celebrity-Endorsed Token” REAL was launched through a sealed-bid auction method designed specifically to counteract the now-common scourge of token sniping and bot invasions. McGregor emphasized that this mechanism ensures fairness by allowing genuine participants to engage without fear of being front-run by bots or manipulated by insiders. Get $REAL baby! pic.twitter.com/PfpxDKmxMq — Real World Gaming (@getrealtoken) April 5, 2025 The token is developed in collaboration with Real World Gaming DAO, a decentralized autonomous organization focused on bridging the gap between digital innovation and real-life sports experiences. Source: Real Token Website According to the project’s whitepaper, holders of the REAL token will gain access to staking rewards and governance rights, allowing the community to influence the project’s trajectory and development. About 31.5% of the total token supply will be directed to the Real Gaming DAO treasury, with nearly 17% distributed among the community. An additional 10% is earmarked for the development team, a relatively high share that has already raised eyebrows among analysts. Still, McGregor frames these systems not as elitist mechanics but as incentives to align the interests of the token holders, developers, and project backers. He claims the REAL token is designed not merely for speculation but as a utility-rich vehicle for financing startups in the sports and gaming sectors. Can REAL Endure in a Volatile Market? Despite McGregor’s charisma and the project’s ambitious pitch, industry analysts remain cautious. The REAL token enters the market just as the so-called “meme coin supercycle” has lost steam. However, this hasn’t deterred savvy traders, who continue to treat meme coins as short-term speculative vehicles while waiting for a clearer macroeconomic picture. With the traditional markets under pressure, this speculative behavior has only intensified. President Donald Trump’s sweeping trade tariffs triggered a massive shakeout in U.S. equities, with markets losing over $11 trillion since February 19 . U.S. stock markets have experienced a staggering $11 trillion wipeout since February 19, with losses accelerating on April 4. #Stocks #Crypto https://t.co/WI6LLnmMpe — Cryptonews.com (@cryptonews) April 5, 2025 On April 4, a staggering $3.25 trillion was wiped out in a single day, surpassing the entire market cap of the global crypto market. In this uncertain environment, Bitcoin has managed to hold firm above $80,000 that day. Bitcoin’s resilience contrasts starkly with the volatility of meme tokens, which tend to explode and fade in quick cycles. Whether McGregor’s REAL can fit into this latter category remains to be seen. Can DAO Utility Push REAL Token? The token’s connection to the Real World Gaming DAO also suggests an effort to build a meaningful foundation. According to its roadmap, REAL will channel funds into ventures that blur the line between traditional sports entertainment and decentralized digital engagement. This includes potential investments in gaming platforms, athlete-backed startups, and fan-driven betting models. However, questions remain. REAL has yet to release comprehensive token metrics, including data on total locked value and available liquidity. Regulatory uncertainty also looms large. While the U.S. SEC has declassified meme coins as non-securities, likening them instead to collectible trading cards, future policy shifts could still impact projects like REAL. Most importantly, the token emerged at a point in the global market when the economy is grappling really hard with Trump’s recently implemented Tariffs. In fact, over $200 million was liquidated from the crypto market within the past 60 minutes alone. JUST IN: $200,000,000 liquidated from the cryptocurrency market in the past 60 minutes. — Watcher.Guru (@WatcherGuru) April 6, 2025 For now, REAL rides the momentum of its audacious launch, powered by one of the most recognizable faces in global sports. Whether that momentum can be sustained will depend on how well the project delivers on its promises and, most importantly, navigates this extremely volatile market. The post Mixed-Martial Arts Star Conor McGregor Launches ‘REAL’ Meme Coin appeared first on Cryptonews .
Key takeaways : Monero price prediction suggests a bullish trend, with XMR anticipated to reach $471.42 by the end of 2025. XMR could reach a maximum price of $979.46 by the end of 2028. By 2031, Monero’s price may surge to $1,595.71. Monero (XMR) stands out in the cryptocurrency space for its strong focus on privacy and decentralization of transactions. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant milestones like enhanced protocol upgrades and growing adoption across various sectors, which underscore its utility. As Monero progresses, many wonder about its future price trajectory. Will its unique features drive significant value growth? Can it sustain its competitive edge in the ever-evolving crypto market? Will XMR recapture its ATH at $517.62? Overview Cryptocurrency Monero Token XMR Price $ 215.81 Market Cap $3,981,046,715.16 Trading Volume 24-h $55,956,363.58 Circulating Supply 18,446,744.07 XMR All-time High $517.62 May 07, 2021 All-time Low $0.213, Jan 15, 2015 24-h High $226.27 24-h Low $216.15 Monero price prediction: Technical analysis Sentiment Bullish 50-Day SMA $220.29 200-Day SMA $187.92 Price Prediction $468.95 (116.86%) F & G Index 22.87 (extreme fear) Green Days 14/30 (47%) 14-Day RSI 74.97 Monero price analysis TL;DR Breakdown Monero price rose to $206 as bearish pressure declined. The XMR coin rose by over 0.98% at the time of writing. Monero price has support and resistance at $215 and $225, respectively. The Monero price analysis for April 6 shows high volatility. XMR rose to the $230.00 mark as bullish pressure dominated the market. The price rose to the $230 mark, but the selling pressure has caused another breakdown to $215 where the bulls seek stability. Monero price analysis 1-day chart: XMR falls back to $215 The 24-hour XMR/USD price chart indicated a bullish trend in the market as prices moved toward $230.00. Recently, the price fell to $220, but the bullish pressure rose to $230, where it found significant resistance and fell back to $215. Monero price analysis 1-day chart The Indicators reflect the declining bullish price sentiment, as all three major technical indicators show positive signs. The MACD is bearish at -0.38 units and shows slowing bullish pressure at the current price level. The RSI also shares this sentiment, falling to around the 44.05 index level from the 60.00 mark, showing room for downward movement in the short term. The converging Bollinger Bands suggest lower volatility, indicating that the $215.00 support may hold for the week. Monero price analysis 4-hour chart The 4-hour price chart shows that Monero fell as the price broke below $190. The bulls steadily recovered to the $225 mark but could not hold it, and the price fell back towards the $215 mark. Monero price analysis 4-hour chart The RSI is at 41.02, suggesting the asset is near the center of the neutral region. The MACD, at -0.26, shows strong bearish momentum on the 4-hour charts. The EMAs further support the sentiment, which shows a falling slope. These indicators collectively indicate a bearish trend forming at the current price level. Monero technical indicators: Levels and actions Daily simple moving average (SMA) Period Value Action SMA 3 $ 211.58 SELL SMA 5 $ 214.69 SELL SMA 10 $ 214.49 SELL SMA 21 $ 211.46 SELL SMA 50 $ 218.14 SELL SMA 100 $ 212.58 SELL SMA 200 $ 187.92 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 217.29 SELL EMA 5 $ 217.38 SELL EMA 10 $ 214.37 SELL EMA 21 $ 208.02 BUY EMA 50 $ 196.53 BUY EMA 100 $ 184.08 BUY EMA 200 $ 172.40 BUY What to expect from Monero price analysis? 4-hour price chart by Tradingview Monero price analysis shows that XMR has been in a bullish rally since early October. Despite the flash crash a few days ago, the bulls quickly bought the dip to recover the asset’s price to $180.00. The bulls have crushed the short-term resistances held by the bears, but as the price nears $230, it cannot move past the level without significant bullish momentum. As such, the price will continue rising towards the $250 mark after several days of consolidation. However, if the bulls guard the $215 and $210 key support levels, they can prevent a fall to the $200 level. Is Monero a good investment? Monero is an attractive investment because it emphasizes privacy and security, utilizing advanced cryptographic techniques to ensure transaction confidentiality. Its growing adoption across various use cases and a decentralized development model enhance its long-term potential. With a limited supply and increasing investor interest, Monero offers a unique opportunity for those seeking financial autonomy and privacy to invest in cryptocurrency. However, investors should remain cautious of regulatory risks and market volatility when considering Monero as part of their portfolio. Why is XMR up? After failing to secure support past the $240 mark, the XMR price fell to $190, but the bullish support allowed it to recover to $206, where it currently trades. Will XMR recover to its all-time high? Monero is expected to recover toward its all-time high of $518 by mid-2026 as the privacy chain continues to reduce its tech debt and progresses toward greater utility and privacy. However, the platform might have to overcome regulatory scrutiny and challenges before it can see mass adoption. How much will Monero be worth in 5 years? The Monero price prediction for 2030 suggests a minimum price of $1,048.76 and an average trading price of $1,142.11 . The maximum forecasted price is set at $1,208.35. Will XMR reach $1000? The chance of Monero (XMR) hitting $1,000 hinges on various factors. The adoption of privacy transactions and technological advances could increase demand. Favorable regulations and market sentiment toward privacy coins would also help. Yet, regulatory risks, competition, and market volatility are challenges. $1,000 is possible with favorable conditions, but market dynamics and regulations will shape its path. Does XMR have a good long-term future? Monero (XMR) has the potential for a strong long-term future due to its focus on privacy and security, which makes it attractive to users seeking anonymity. However, regulatory scrutiny and notoriety from being the favored medium for some past criminals make it challenging to become the star of the market. Monero’s commitment to privacy gives it a solid foundation for long-term growth, but it must carefully navigate market and regulatory landscapes. Recent news/ opinion on Monero Monero announced that Cuprate, the upcoming Rust-written Monero node, has achieved full sync verification in 20 hours. Cuprate, the upcoming Monero node software written in Rust, has achieved fantastic sync results! https://t.co/9YFZuKgNCS — Monero (XMR) (@monero) February 4, 2025 Monero price prediction April 2025 The XMR price prediction for April 2025 suggests a minimum value of $188.62 and an average price of $240.44. The price could reach a maximum of $454.63 during the month. Month Minimum Price ($) Average Price ($) Maximum Price ($) April $188.62 $240.44 $454.63 Monero price prediction 2025 The Monero price prediction for 2025 anticipates a potential increase in the price of Monero upon adoption, resulting in a maximum price of $471.42 . Based on the analysis, investors can expect an average price of $459.43 , while the minimum price could be around $188.62. Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 188.62 485.27 497.93 Monero price prediction 2026-2031 Year Minimum Price Average Price Maximum Price 2025 0.0194 0.0452 0.0475 2026 0.0467 0.0518 0.0555 2027 0.0640 0.0745 0.0788 2028 0.0838 0.0957 0.0999 2029 0.0838 0.0957 0.0999 2030 0.10 0.12 0.12 2031 0.15 0.16 0.16 Monero Price Prediction 2026 According to the XMR price forecast for 2026, Monero’s price is anticipated to reach a minimum trading price of $460.25 . The potential maximum XMR price could be $536.19, with an average price of $513.92. Monero Price Prediction 2027 The XMR price prediction for 2027 will continue rising and exhibit minimum and maximum prices of $630.86 and $779.66 , as well as an average price of $758.54. Monero Coins Price Prediction 2028 Monero’s price is expected to reach a minimum of $825.16 in 2028. The maximum expected XMR price is $979.46, with an average price of $946.37. Monero Price Prediction 2029 The XMR price prediction for 2029 expects XMR to reach a minimum of $825.16 . The XMR price can reach a maximum level of $979.46, with an average price of $946.37 throughout 2029. Monero Price Prediction 2030 The Monero price prediction for 2030 suggests a minimum price of $1,017.66 and an average trading price of $1,108.24. The maximum forecasted price is set at $1,172.52. Monero Price Prediction 2031 The Monero price prediction for 2031 suggests a minimum price of $1,446.23 and an average trading price of $1,565.10. The maximum forecasted price is set at $1,595.71. Monero price prediction 2025 – 2031 Monero market price prediction: Analysts’ XMR price forecast Firm 2025 2026 Coingecko $420.93 $568.19 Digitalcoinprice $349.23 $478.65 Cryptopolitan’s Monero (XMR) price prediction Cryptopolitan’s Monero price forecast suggests a bullish outlook for Monero’s future price should the market recover soon. According to our expert analysis, XMR might record a maximum price of $471.42 , a minimum price of $192.22 , and an average price of $459.43 at the end of 2025. Monero historic price sentiment Monero’s market value has changed dramatically since its launch in 2014, from less than $1 to over $475. May 2021 marked the highest point in Monero’s history. Monero’s price projections revealed the coin’s security. They provide investors with optimism that they will be freed from the persecution of some authorities simply by buying or selling Monero. Monero price history; Source: Coinmarketcap Across 2023, Monero’s price rose by 11.49%. The highest price was $278.56, and the lowest was $114.16. In January 2024, Monero stayed stable around the $150.00 mark as market momentum remained low. However, the stability was short-lived as February crashed to $101.95. However, XMR showed swift recovery as it closed the month near the $150.00 level again. In March and April 2024, XMR saw a steady decline from $150.00 to $120.00, where it found key support. In May 2024, XMR observed steady bullish pressure as the price rose from $120.00, approaching resistance at $150. In June 2024, Monero (XMR) traded within the $150 – $175 price range as either side struggled to make a clear breakthrough. In July, the crypto traded around the $155 mark as the price volatility remained relatively low. XMR opened trading at $156.05 in August and ended the month at $176.00, making remarkable gains. September was bearish for the asset, as the price declined below the $160 mark by the end of the month. In October, Monero observed a steep crash and has been making a swift recovery since then. In December, Monero made remarkable strides as the asset’s price broke past the $220 mark, albeit briefly as it closed the month below $200. In January, Monero saw a bullish January as the price rose from below the $200 mark to $238 by the end of the month. In February, the pricefell towards the $215 mark as bears dominate the markets. In March, the price observes mixed momentum and closed the month slightly below $215. In April the consolidation has continued.
Germany is storing over $109 billion worth of gold in the New York Federal Reserve’s vaults, but some officials in the country are beginning to call for less trust and more verification. Michael Jäger of the European Taxpayers’ Association – a federation of 29 national taxpayers associations throughout Europe – is urging Germany to immediately obtain its gold from the USA amid tention between the White House and the US, Bild reports . Says Jäger, “The Bundesbank and the German government must demonstrate foresight in this phase of global power shifts and immediately retrieve German gold from the USA. Especially at a time when Berlin and Brussels are discussing immense new debt, we need immediate access to all gold reserves in an emergency.” Jäger says that at a minimum, Germany should at least be able to “physically inspect” the gold bars. European Member of Parliament Markus Ferber echoes Jäger’s sentiments, telling Bild: “I demand regular checks of Germany’s gold reserves. Official representatives of the Bundesbank must personally count the bars and document their results.” Meanwhile, lawmaker Marco Wanderwitz says Germany’s CDU (Christian Democratic Union) is advocating that Germany needs to “either check regularly or retrieve the gold.” The Germans’ calls for inspecting the gold reserves comes as Elon Musk, tech billionaire and close aid of President Trump, is suggesting that an audit of Fort Knox in Kentucky be “livestreamed.” The last time Fort Knox was audited was in September of 1974. In a statement to Bild, a spokseperson for Germany’s Bundesbank quoted and reiterated a Feburary statement from the bank’s President, Joachim Nagel. “We have (…) absolutely no doubt that with the Fed in New York we have a trustworthy, reliable partner in the storage of our gold reserves.” 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 $109,000,000,000 in US Gold Reserves Now in Question as German Officials Demand to Count Bullion Bars At New York Fed: Report appeared first on The Daily Hodl .
Although the cryptocurrency market initially withstood last week’s US tariff shock well, led by Bitcoin, Bitcoin lost 4%, Ethereum lost 10%, XRP lost 6.5% and BNB lost 5.91% following the major decline over the weekend. With the decline felt more severely in altcoins, the entire cryptocurrency market lost 4.88% in the last 24 hours, and at the time of writing this article, the total cryptocurrency market value is at the level of $2.53 trillion. However, there will be a large number of token unlocks in many altcoins in the new week. Here is the token unlock calendar we have prepared for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) MANTRA (OM) Market Value: $5.75 Billion Token Unlock: $1.42 Million (0.02%) Unlock Time: April 7, 2025, 03:00 Worldcoin (WLD) Market Value: $785.80 Million Token Unlock: $3.19 Million (0.41%) Unlock Time: April 7, 2025, 03:00 To the left (LEFT) Market Value: $55.47 Billion Token Unlock: $51.10 Million (0.09%) Unlock Time: April 7, 2025, 09:00 Celestia (TIA) Market Value: $1.40 Billion Token Unlock: $2.38 Million (0.17%) Unlock Time: April 7, 2025, 21:00 Neon (NEON) Market Value: $27.09 Million Token Unlock: $5.49 Million (20.24%) Unlock Time: April 7, 2025, 23:00 Xterio (XTER) Market Value: $30.66 Million Token Unlock: $2.73 Million (8.89%) Unlock Time: April 8, 2025, 03:00 DEAPCOIN (DEP) Market Value: $29.76 Million Token Unlock: $1.78 Million (5.93%) Unlock Time: April 8, 2025, 03:00 Movement (MOVE) Market Value: $796.25 Million Token Unlock: $16.56 Million (2.08%) Unlock Time: April 9, 2025, 03:00 Saga (SAGA) Market Value: $27.49 Million Token Unlock: $32.67 Million (118.40%) Unlock Time: April 9, 2025, 03:00 Xai (XAI) Market Value: $59.96 Million Token Unlock: $1.81 Million (3.01%) Unlock Time: April 9, 2025, 09:00 Cheelee (CHEEL) Market Value: $434.61 Million Token Unlock: $63.62 Million (14.69%) Unlock Time: April 10, 2025, 12:00 Related News: Binance-Invested Project Finally Announces Airdrop - Here's Who's Eligible to Receive Tokens Internet Computer (ICP) Market Value: $2.24 Billion Token Unlock: $11.00 Million (0.49%) Unlock Time: April 11, 2025, 03:00 io.net (IO) Market Value: $83.10 Million Token Unlock: $1.96 Million (2.35%) Unlock Time: April 11, 2025, 03:00 Nereus Token (NRS) Market Value: $3.39 Million Token Unlock: $1.73 Million (51.11%) Unlock Time: April 11, 2025, 03:00 Moca Network (MOCA) Market Value: $152.80 Million Token Unlock: $12.75 Million (8.33%) Unlock Time: April 11, 2025, 17:00 Aptos (APT) Market Value: $2.65 Billion Token Unlock: $49.75 Million (1.87%) Unlock Time: April 12, 2025, 03:00 Axie Infinity (AXS) Market Value: $394.94 Million Token Unlock: $26.93 Million (6.79%) Unlock Time: April 12, 2025, 03:00 Game7 (G7) Market Value: $7.79 Million Token Unlock: $1.32 Million (16.95%) Unlock Time: April 12, 2025, 03:00 DIMMO Market Value: $19.75 Million Token Unlock: $1.58 Million (7.98%) Unlock Time: April 12, 2025, 21:00 Covalent X Token (CXT) Market Value: $24.15 Million Token Unlock: $1.84 Million (7.62%) Unlock Time: April 13, 2025, 03:00 *This is not investment advice. Continue Reading: Watch Out: 20 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
In a renewed effort to draw a clear line between Ripple, the company, and the XRP Ledger (XRPL), Ripple CEO Brad Garlinghouse has emphasized a key legal and structural distinction that could shape the future of XRP’s regulatory standing. According to a recent X post by crypto commentator Xaif, Garlinghouse affirmed that “the XRP Ledger existed before Ripple,” making a compelling case for XRP being classified as a commodity rather than a security. Xaif shared an image of Garlinghouse’s statement, where the CEO likened Ripple’s relationship with XRP to that of an energy company with natural resources. “Certainly, we are an interested party in the success of the XRP Ledger, for sure—we own a lot of XRP. But it’s a bit like saying Exxon owns a lot of oil. That doesn’t make oil a security. Oil, of course, is classified as a commodity,” Garlinghouse noted. BREAKING Brad Garlinghouse: XRP Ledger Existed Before Ripple, $XRP Is a Commodity pic.twitter.com/khDF3Vosgu — 𝕏aif | (@Xaif_Crypto) April 6, 2025 The Legal and Structural Distinction Between Ripple and XRP Garlinghouse’s remarks underscore a point Ripple has consistently argued in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC): that XRP, as a digital asset, should not be considered a security simply because Ripple holds a significant amount of it. By drawing parallels with commodities like oil, the Ripple CEO is attempting to reinforce the view that XRP, like other decentralized cryptocurrencies, functions independently of any one company, even one that holds large reserves of it. The XRP Ledger, a decentralized, open-source blockchain launched in 2012, was created to facilitate fast, low-cost cross-border payments. Ripple was established after the XRP Ledger (XRPL) was already operational, making the company a contributor and stakeholder rather than the network’s creator. This timeline is essential in countering claims that XRP was issued as part of an unregistered securities offering. Commodity vs Security: The Regulatory Stakes At the heart of Garlinghouse’s statement is a broader and increasingly urgent debate in the crypto space: how should digital assets be classified under U.S. law? A designation as a commodity places XRP under the jurisdiction of the Commodity Futures Trading Commission (CFTC), which is seen as a more favorable regulator for the industry. In contrast, classifying XRP as a security would trigger strict SEC regulations, potentially severely restricting its use and availability in the US market. Garlinghouse’s analogy with Exxon and oil is particularly pointed. The comparison underscores the notion that ownership alone does not dictate regulatory classification, especially in cases where the underlying asset is freely traded on public markets and has established use cases beyond speculation. The argument is that if oil, a vital commodity for global commerce, isn’t considered a security just because corporations own large quantities, then XRP shouldn’t be either. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Pivotal Moment for XRP and Crypto Regulation The timing of Garlinghouse’s reiteration is significant. The SEC vs Ripple case, which has spanned several years, appears to be drawing closer to a conclusion. As industry observers speculate on the outcome, clarifying the distinction between XRP and Ripple remains critical to shaping the asset’s future within the United States and globally. Xaif’s spotlight on this key statement has sparked renewed interest in the ongoing legal interpretations surrounding XRP , especially as regulators, investors, and companies wait for more clarity on how digital assets will be governed. The commodity argument strengthens Ripple’s legal position and helps articulate a broader framework that could benefit other decentralized blockchain projects facing similar scrutiny. In conclusion, Brad Garlinghouse’s reaffirmation that “the XRP Ledger existed before Ripple” and that “XRP is a commodity” is more than a defensive statement—it is part of a calculated narrative aimed at shaping the future of crypto regulation. As the Ripple case approaches its potential resolution , this distinction could be crucial in deciding XRP’s legal status and long-term viability in the evolving digital economy. 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 Twitter , Facebook , Telegram , and Google News The post Ripple CEO: XRP Ledger Existed Before Ripple, XRP Is a Commodity appeared first on Times Tabloid .
New tariffs raise production costs for technology firms in the U.S. Industry experts predict significant price increases passed to consumers. Continue Reading: New Tariff Regulations Pressuring Technology Firms and Shaping Market Dynamics The post New Tariff Regulations Pressuring Technology Firms and Shaping Market Dynamics appeared first on COINTURK NEWS .
Bitcoin price dropped sharply over the weekend, declining 7% to a 25-day low amid rising trade tensions and fading market liquidity. Bitcoin trades $80,000 first time in 25-days as Trade Tensions worsen Bitcoin price fell sharply over the weekend, declining 7% to hit a 25-day low of $79,000 on Sunday, April 6. This marks the first time BTC has traded below the $80,000 level in 25 days dating back March 11, Bitcoin Price Action, April 6, 2025 | CoinMarketCap After showing initial resilience last week, BTC has now surrendered gains made in late week Amid escalating global trade tensions, bearish sentiment caught up with Bitcoin (BTC) markets over the weekend. TradingView data shows that BTC price traded as low as $78,964 according to CoinMarketCap , marking 7% losses from last week’s peak of $86,000 recorded when China’s reciprocal tariffs prompted investors to rotate capital into crypto markets on Thursday. Crypto market liquidations cross $580M as bears exploit slow weekend demand After China’s initially announced retaliatory 34% tariff on US imports, Bitcoin surged above $85,000 on Thursday, briefly lifting prominent altcoins like Ripple (XRP), Solana (SOL), and Ethereum (ETH) to gains exceeding 5% in 24 hours. This spike hinted at a temporary decoupling of crypto from the broader U.S. stock market, as risk-averse investors rotated capital into cryptocurrencies to hedge against escalating trade tensions. However, as U.S. markets closed on Friday, the momentum faded. Liquidity dried up across major exchanges, creating an opening for bearish traders to seize control. Within 48 hours, Bitcoin shed more than 7%, triggering cascading losses across the crypto landscape. The sudden shift highlights how thin weekend trading volumes can leave markets vulnerable to aggressive short-side pressure. Validating this stance, derivatives data at press time on April 6, shows that crypto traders have racked up considerable liquidation losses in the last 24 hours, Crypto Market Liquidations, April 6 | Source: Coinglass According to Coinglass data, over $597 million in leveraged positions were liquidated in the past 24 hours alone—affecting more than 205,000 traders. Bitcoin led the wipeout with $203.78 million in liquidations, followed by Ethereum at $164.72 million. Notably, the majority of these losses—$514 million—came from long positions, suggesting that bullish traders were caught off guard by the sharp BTC price reversal. Beyond that, the liquidation heatmap shows how altcoins such as Solana ($29.35M), XRP ($13.65M), and Dogecoin ($12.97M) were also heavily affected, as panic spilled over from Bitcoin’s price correction to 25-day lows. This sweeping liquidation event has not only erased a large portion of the recent gains but has also shaken investor confidence ahead of the new trading week. Bitcoin Price Forecast: BTC Eyes $76K as Bears Break Technical Support Bitcoin price forecast remains tilted to the downside after BTC decisively broke below key support near $80,700, marked by the VWAP. The daily candle posted a 6.33% drop, closing below the 50-day SMA ($84,068) and 200-day EMA ($82,828), both of which acted as prior support zones. This signals a structural breakdown, with bearish momentum accelerating as weekend volatility triggered liquidations across $597 million in positions. Bitcoin Price Forecast Volume spiked to 26.04K on April 6, confirming strong sell-side conviction. Meanwhile, the MACD histogram has turned deeply negative, with the signal line sharply diverging from the MACD line—both indicating an intensifying bearish crossover. This pattern has historically preceded deeper retracements, especially when volume confirms directional bias, as it does here. Despite this, bulls may argue that BTC remains in a long-term uptrend and sits just above March’s intraday low of $78,694. A sustained defence of this zone could invite dip-buying, especially if macro sentiment improves post-Monday’s market open. However, should BTC fail to reclaim $80,700 swiftly, downside risk toward $76,000 and potentially $72,500 remains firmly in play. Bitcoin price forecast now hinges on whether bulls can reclaim broken trend lines or risk deeper correction into lower liquidity zones. The post Bitcoin Price Forecast: Crypto liquidations hit $600M as BTC plunges below $80K First Time in 25-days appeared first on CoinGape .