FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto investments, creating new opportunities in the rapidly evolving crypto space.
Meme coins are continuing to observe bullishness in a market which is cooling down following the recent rise. Leading the joke tokens was ConstitutionDAO as it posted a 56% rise.
BeInCrypto has analysed two more such meme coins for investors to watch and the direction in which they are heading.
PEOPLE price surged 56% today, making it one of the top-performing tokens. Trading at $0.035, PEOPLE is working to secure $0.031 as a critical support level. This rise highlights increased investor interest and could signal more positive movement if the support level holds strong in the coming days.
Securing $0.031 as support is essential for the meme coin to maintain its bullish momentum. If the token can successfully hold above this level, it has the potential to continue rising. The next target would be $0.041, which could attract more buying pressure and strengthen its position in the market.
If PEOPLE fails to secure $0.031 as support, the altcoin may experience a decline. Increased selling pressure or profit-taking could drive the price lower, possibly reaching $0.023. Such a drop would invalidate the current bullish outlook, affecting investor sentiment and potentially leading to further losses.
BOME resurfaced this week, showing impressive growth with a 25% rise in the last 24 hours. The meme coin is currently trading at $0.0028 and is facing a key resistance at $0.0033. The price action suggests potential for further upward movement, but this resistance could hinder continued gains.
Despite the recent surge, BOME’s bullish momentum seems to be losing strength. The token appears to be consolidating between $0.0033 and $0.0023, which could limit price movement in the short term. A lack of buying pressure could stall its rally, causing it to remain in this range for now.
If broader market conditions remain positive, BOME may break through the $0.0033 resistance. This could trigger a further rally, pushing the price toward $0.0040. Such a move would invalidate the bearish outlook and attract more investors, strengthening its position in the market.
ELON is currently trading at $0.0000001757, just below the resistance level of $0.0000001781. The meme coin is tracking broader market trends, but it is showing positive signs with a growing number of holders. As of now, the total number of ELON holders stands at 162,419, indicating increasing investor interest.
ELON has demonstrated strong performance in the past, earning its place as a reliable token. To reach its target of $0.0000002075, the coin needs to flip the $0.0000001781 resistance into support. Securing this level would pave the way for further upward movement and attract more investors to the token.
If ELON fails to secure $0.0000001781 in support, it may experience a reversal. A drop below $0.0000001627 could lead to a further decline, potentially reaching $0.0000001402. This would invalidate the current bullish thesis and shift market sentiment away from the meme coin.
In a 70-28 vote, the U.S. Senate has approved a resolution to repeal the IRS’s controversial DeFi broker rule. The rule, which aimed to impose stricter tax reporting requirements on decentralized finance (DeFi) transactions, faced strong opposition from the crypto community. With the Senate’s decision, the resolution now moves to President Trump, who will decide whether to sign or veto it. The outcome could significantly impact the future of DeFi regulations in the U.S.
The post Senate Overturns IRS DeFi Rule – Now in Trump’s Hands appeared first on Coinpedia Fintech News
In a 70-28 vote, the U.S. Senate has approved a resolution to repeal the IRS’s controversial DeFi broker rule. The rule, which aimed to impose stricter tax reporting requirements on decentralized finance (DeFi) transactions, faced strong opposition from the crypto community. With the Senate’s decision, the resolution now moves to President Trump, who will decide …
The US crypto market seems poised for bullish trends after Senate Banking Chair Tim Scott stated that most of the pending crypto bills will be passed by August 2025. As this deadline fast approaches, crypto traders are looking for the best altcoins to buy to make significant gains once demand for digital assets rises.
The recent remarks by Senator Scott coincide with a notable recovery across the crypto market today, April 13. At press time, Bitcoin and all the top ten altcoins were edging higher as the total crypto marketcap reached $2.79 trillion.
This rally may extend in the coming months as the US emerges as a leading crypto hub. According to Senator Scott, the pending crypto bills will ensure that the US dominates the digital asset space.
The statement also comes after US President Trump signed the first crypto-related bill. The bill, which was signed earlier this week, seeks to remove tax reporting requirements in the DeFi industry.
Top Altcoins to Buy Before August
With the US emerging as one of the most pro-crypto countries, the top altcoins to buy today for investors to make significant gains are Ripple (XRP), Solana (SOL), and Pi Network (PI).
Ripple (XRP)
XRP is one of the top altcoins to buy today. One of the reasons that makes Ripple a good buy is that it is the largest US-made altcoin by market cap. Therefore, as the US crypto regulatpry framework changes, XRP is well-positioned to benefit.
The four-hour XRP price chart suggests the altcoin is in an uptrend. The RSI has risen to 63 showing a prevalence of buying pressure. Meanwhile, the MACD line and green histogram bars support the bullish thesis.
If the uptrend continues, XRP price may flip resistance at $2.23. Doing so will trigger a 17% rally to the 161.8% Fibonacci level of $2.61. If Ripple reaches This level, it might pave the way for more gains to new highs above $3.
XRP/USDT: 4-Hour Chart
Solana (SOL)
Solana also ranks among the best altcoins to buy today. SOL trades at $132 today. April 13 after a 10% increase in 24 hours. Analyst Momin has shared a bullish Solana price prediction saying the altcoin might rally to $180 in the coming weeks.
The analyst also added that Solana is on the verge of making a decisive close above $120 on the weekly chart. If this happens, it will spark a Solana price rally towards $180. Additionally, Solana price has breached the upper trendline of a descending trendline, showing that the bullish momentum is strong, which may spark a surge to $257.
Solana Price Chart
Pi Network (PI)
Pi Network price had posted a 15% gain at press time. Data from CoinMarketCap also shows that trading volumes have increased by 200% to over $663 million as buyers purchased the asset.
One of the reasons why Pi Coin is one of the best altcoins to buy ahead of the crypto bills being passed is the asset’s rising presence in the US. The altcoin will be adopted as a means of payment by firms like Zito Realty. At the same time, Chainlink has added Pi Network token to its Data Streams, making it more accessible.
Pi Coin is trading within an ascending triangle pattern on the four-hour price chart, which shows a positive outlook. At the same time, the AO histogram bars and the RSI are tipping north, which supports a bullish Pi Network price forecast.
PI/USDT: 4-Hour Chart
Summary of Top Altcoins to Buy
The US will pass most of the pending crypto bills before August according to the Senate Banking Chair Tim Scott. Once these bills are passed, the crypto market is poised to make significant gains. The top altcoins to buy today to position yourself for these gains are XRP, SOL and Pi Coin.
