Day: April 28, 2025

ProShares XRP futures ETFs face launch delay

admin

Key Takeaways ProShares delayed the launch of its XRP futures ETFs, with no specific date set. Market sentiment for the approval of an XRP ETF remains positive, especially after CME Group’s XRP futures announcement. Share this article ProShares will not launch its XRP futures ETFs on April 30, Bloomberg ETF analyst James Seyffart confirmed today, countering earlier reports about the expected debut date. UPDATE: a lot people posting/reporting that @ProShares will be launching XRP ETFs on April 30th. We’ve confirmed that’s not the case. We don’t have a confirmed launch…

Price predictions 4/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

admin

Key points: Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high. Solid spot Bitcoin ETF inflows do not always signal a short-term top. Select altcoins are showing early signs of a short-term trend change. Bitcoin (BTC) pierced the $95,000 resistance on April 28, but the bulls are struggling to sustain the higher levels. This suggests that the bears have not given up and are trying to defend the level. A minor positive in favor of the bulls is that they have not ceded…

U.S. Secretary Of Commerce Howard Lutnick Has A Bitcoin Vision For America

admin

On Wednesday, April 23, 2025, I sat down with U.S. Secretary of Commerce Howard Lutnick to discuss his Bitcoin vision for America. We discussed the U.S. Department of Commerce’s new investment accelerator that will benefit Bitcoin mining companies; why he views bitcoin as a commodity, like gold; and why it’s only natural that the Bitcoin industry finds a home in the United States. Bitcoin Miners to Benefit from Investment Accelerator On March 31, 2025, the Commerce Department launched an investment accelerator. The aim of the accelerator is to help firms…

Crypto Analyst Reveals XRP Price Crash In The Short-Term, Here’s The Target

admin

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. XRP’s price outlook has taken an unexpected twist as one of its most ardent supporters, EGRAG CRYPTO, issued a short-term bearish prediction. Known across the crypto community for his…

Global central bank gold rush could spark Bitcoin price run to new all-time highs

admin

Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points. Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%. Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome in 2025. The global financial tides are shifting significantly, and Bitcoin (BTC) price could greatly benefit from it. Recent data indicates that US Treasury funds saw $19 billion in net inflows last week, exceeding the…

Loopscale hacker in talks to return stolen crypto

admin

The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said.  The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily pause its lending markets.  The following day, the hacker sent a message on the Etherscan blockchain scanner “indicat[ing] a willingness to return the exploited funds in exchange for a bounty,” Loopscale said in an April…

Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?

admin

Key Takeaways: Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets. Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000. A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals. Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April 28. This price movement closely tracked the decline in US Treasury yields, suggesting that traders were seeking the relative safety of more secure assets. While Bitcoin traders are moderately satisfied with the 6% gains achieved…

Polymarket bets on Mark Carney win as Canadians head to the polls

admin

Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party victory as residents head to cast their votes. As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal Party candidate Mark Carney a 79% chance of defeating Conservative Party candidate Pierre Poilievre in the race for the country’s next PM. Data from the platform showed users had poured more than $75 million into bets surrounding the race, predicting a Poilievre…

BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why

admin

What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which still lags compared to competitors. Altcoin price action has been underwhelming for much of the 2023-2026 cycle, pushing many crypto traders to focus primarily on Bitcoin. However, with moderate optimism returning to the markets, a…

PEPE Rising Trendline Holds Firm: A Reliable Launchpad For Price Rally

admin

UniChartz recently pointed out on X that PEPE is respecting a rising trendline with remarkable consistency, highlighting strong underlying bullish strength. Multiple clean touches along the trendline show that buyers are firmly in control, stepping in at key moments to defend support levels. This pattern of repeated validation is a powerful technical signal, often seen in sustainable uptrends. The firm hold above the trendline suggests that market sentiment remains positive, with bulls maintaining momentum even during minor pullbacks. UniChartz emphasized that as long as PEPE continues to honor this rising…