Day: April 14, 2025

Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A crypto analyst has presented a compelling case, suggesting that the XRP price may be closely mirroring Bitcoin’s historical macro action. By comparing its multi-year chart patterns and market…

Bitcoin takes back seat as Trump, Bukele focus on trade and immigration

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US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda. Pressing issues of migration and bilateral security cooperation set the tone of Bukele’s first official meeting at the White House during Trump’s second term.  According to a livestream shared by Bukele’s office on X, Trump raised the possibility of transferring US citizens convicted of crimes to prisons in El Salvador, urging Bukele to expand the country’s prison system to house…

Trade wars could spur governments to embrace Web3 — Truebit

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Escalating trade wars are rattling cryptocurrency markets — but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph.  On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures. Trump later paused the tariff rollout for certain countries — but the possibility of a global trade war still looms, especially after Trump reiterated his commitment to taxing Chinese goods. If high tariffs materialize, blockchain technology can play an important role in ensuring governments apply them…

South Korea blocks 14 crypto exchanges on Apple Store — Report

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South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among the affected exchanges are KuCoin and MEXC. The report, which was made public on April 14, says the banned exchanges were allegedly operating as unregistered overseas virtual asset operators. The report also states that the Financial Information Analysis Institution (FIU) will continue to promote the blocking of the apps and internet sites of such operators…

Bitcoin bucks downtrend with rally to $85.8K — Are BTC bulls really back?

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Bitcoin (BTC) reclaimed the $84,500 level on April 14, and the recovery appears partially fueled by the announcement of partial import tariff relief by US President Donald Trump. However, traders’ optimism faded on April 13 when it became apparent that the relaxation was temporary and that tariffs on the electronics supply chain could be revisited. Uncertainty surrounding the ongoing trade tensions between the US and China impacted Bitcoin markets, causing traders to lose some of their regained confidence. This explains why Bitcoin’s price failed to break above $86,000 and why…

Spot Solana ETFs to launch in Canada this week

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Spot Solana exchange-traded funds (ETFs) are set to launch in Canada on April 16, according to Bloomberg analyst Eric Balchunas.  In an X post on April 14, the analyst shared a private client note from TD Bank, a Canadian financial institution, claiming the Ontario Securities Commission (OSC) greenlighted asset managers Purpose, Evolve, CI and 3iQ to issue ETFs holding Solana (SOL). The OSC did not immediately respond to Cointelegraph’s request for comment. Canada does not have a federal securities agency, with its territories and provinces applying their own securities laws.…

Anchorage Digital faces scrutiny from US Homeland Security — Report

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Update (April 14 at 10:37 pm UTC): This article has been updated to include Anchorage’s response. The US Department of Homeland Security’s El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm.  According to an April 14 Barron’s report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies. The report cites unidentified sources.  The reported Homeland task force probe hints at cross-national financial activities. Established in 1992, the El…

Bitcoin surge to $137K by Q3 possible if US Treasury continues liquidity injections — Analysts

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The US Treasury has injected $500 billion into financial markets since February by drawing liquidity from its Treasury General Account (TGA), funding government operations after a $36 trillion debt ceiling was hit on Jan. 2, 2025. Macroeconomic financial analyst Tomas said that this liquidity surge boosted the net Federal Reserve liquidity to $6.3 trillion, and it may support Bitcoin’s (BTC) price in the future, even though risk assets have reflected minimal growth so far. US Treasury General Account’s expected liquidity flow. Source: X.com The TGA represents the government’s checking account…

OpenAI unveils GPT-4.1 series, promising better performance at lower cost

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Key Takeaways OpenAI unveiled the GPT-4.1 series promising major improvements in coding, instruction following, and context understanding. The GPT-4.1 models offer reduced latency and improved cost efficiency compared to previous versions. Share this article OpenAI has officially released its next-generation model lineup—GPT-4.1, along with GPT-4.1 mini and GPT-4.1 nano—featuring major improvements in coding, instruction following, and context understanding. The rollout follows a statement earlier this month from OpenAI CEO Sam Altman revealing the company’s plans to release the o3 and o4-mini models “in a couple of weeks.” Shortly after his…

Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

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Bitcoin (BTC) bulls are trying to start the week on a positive note by pushing the price above $85,000. Michael Saylor’s Strategy has used the recent dip to buy 3,459 Bitcoin for $285.5 million at an average price of $82,618. That boosts the total holding of the firm to 531,644 Bitcoin purchased at an average price of $67,556. However, not everyone is bullish in the near term. Several institutional investors seem to have trimmed their holdings. CoinShares reported on April 14 that digital asset exchange-traded products (ETPs) witnessed $795 million…