Month: April 2025

Altcoin unit bias ‘absolutely destroying’ crypto newbies — Samson Mow

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Jan3 CEO Samson Mow says that Bitcoin dominance hasn’t yet exhausted its upside trajectory after analyzing how altcoin prices would stack up against Bitcoin if all were on equal terms of total supply. His forecast for Bitcoin (BTC) Dominance to rise further comes as the ratio has already exceeded the levels many crypto analysts expected it would reach by late 2024. “Unit bias is absolutely destroying the uninitiated,” Jan3 CEO Samson Mow said in an April 19 X post. Mow suggested that unit bias — a psychological method in behavioral…

‘Crypto is not communism’ — Exec slams BIS’ take on crypto

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The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm. “Many of their recommendations and conclusions — perhaps due to a mix of fear, arrogance, or ignorance — are completely uninformed and, frankly, dangerous,” CoinFund president Christopher Perkins said in an April 19 X post, referring to the BIS’ April 15 report titled “Cryptocurrencies and Decentralized Finance: Functions and Financial Stability Implications.”  BIS recommendations exposes TradFi…

‘Rich Dad, Poor Dad’ author calls for $1 million BTC by 2035

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Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently forecasted a $1 million Bitcoin (BTC) price by 2035 as the US dollar continues to lose value to inflationary monetary policies. “I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, Gold will be $30,000, and silver $3,000 a coin,” Kiyosaki wrote in an April 18 X post. Kiyosaki, a self-described gold bug, has long argued that bearer assets like gold, silver, and more recently Bitcoin, are critical hedges against inflation and key…

Charles Schwab CEO eyes spot Bitcoin trading by April 2026

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Charles Schwab Corp CEO Rick Wurster is reportedly eyeing an April 2026 launch window to provide spot Bitcoin (BTC) trading services to Schwab clients. According to RIABiz, Wurster cited a 400% increase in traffic to Schwab’s crypto website as evidence of investor interest in digital assets. The CEO predicted: “Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto. Our goal is to do that in the next 12 months, and we are on a great path to…

Crypto industry is not experiencing regulatory capture — Attorney

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Brandon Ferrick, general counsel at Douro Labs, said that the Securities and Exchange Commission’s (SEC) openness to public input on crypto policy and their roundtable discussions are positive signs that the crypto industry is not currently experiencing regulatory capture. In an interview with Cointelegraph, Ferrick identified signs of regulatory capture including, a public-to-private sector revolving door of employees, the same roster of attendees at regulatory events, and special treatment given to certain crypto projects. However, Ferrick added: “The reason why I am not worried today is that a lot of…

$10 trillion Charles Schwab plans to launch spot crypto trading in next 12 months, says CEO

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Key Takeaways Charles Schwab plans to launch direct spot crypto trading within 12 months. The firm has observed a 400% increase in traffic to its crypto-focused web content. Share this article Charles Schwab, a top US brokerage firm with over $10 trillion under management, plans to roll out spot crypto trading within the next 12 months, said CEO Rick Wurster during the company’s 2025 Spring Business Update this week. Wurster added that Schwab is well on track to offer spot crypto trading and expects to introduce it once the US…

Every chain is an island: crypto’s liquidity crisis

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Opinion by: Jin Kwon, co-founder and chief strategy officer at Saga Crypto has come a long way in boosting transaction throughput. New layer 1s (L1s) and side networks offer faster, cheaper transactions than ever before. Yet, a core challenge has come into focus: liquidity fragmentation — the scattering of capital and users across an ever-growing maze of blockchains. Vitalik Buterin, in a recent blog post, highlighted how scaling successes have led to unforeseen coordination challenges. With so many chains and so much value splintered among them, participants face a daily…

UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend

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Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions. London-based investment firm Abraxas Capital acquired 2,949 Bitcoin (BTC) worth more than $250 million during the four days leading up to April 19. In the latest transaction, the firm bought over $45 million worth of Bitcoin from Binance on April 18, according to crypto intelligence firm Lookonchain, citing Arkham Intelligence data. Source: Arkham Intelligence, Lookonchain The investment came…

XRP to revisit its $1 ‘realized price’? These charts paint a bearish picture

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XRP (XRP) has bounced nearly 30% after a four-month low of $1.61 amid rising tariff tensions. However, the rebound may be short-lived as technical patterns and on-chain signals now point to a deeper correction ahead. XRP cup-and-handle pattern hints at 40% drop XRP is forming a classic bearish reversal pattern that could see its price falling by at least 40% in the coming weeks. Dubbed inverse-cup-and-handle (IC&H), the pattern forms when the price rounds off in a curved descent (cup) followed by a brief consolidation phase (handle) — all atop…

Bitcoin can reach $138K in 3 months as macro odds see BTC price upside

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Bitcoin (BTC) faces “unprecedented” US dollar correlation as new BTC price research gives a $75,000 floor. In one of his latest analyses on April 18, network economist Timothy Peterson calculated that BTC/USD may rise as high as $138,000 within the next three months. BTC price probabilities give bulls the upper hand Bitcoin is navigating highly unusual macroeconomic conditions as a result of the ongoing US trade war, but history still offers clues as to where BTC price action may head next. For Peterson, the US High Yield Index Effective Yield, currently…