The latest trading tales of Hyperliquid whales like Andrew Tate and James Wynn underscore that fortunes can be made and lost in the blink of an eye in the DeFi space. Andrew Tate’s recent X post highlights a staggering 138.5% gain on an Ethereum long position with 25x leverage on Hyperliquid. This impressive trade starkly
When someone from the Trump family talks, the entire finance and crypto worlds stop to listen.
Now, Eric Trump has issued a a clear warning to global banks – get on board with cryptocurrency or risk vanishing within the next ten years. Speaking to CNBC in Dubai on April 30, the Trump Organization executive didn’t hold back, calling the current financial system “broken,” “slow,” and designed to serve only the ultra-wealthy.
Is this just another pitch for crypto? Not really. It’s coming from someone who says the system pushed him out. So, why is one of America’s most recognizable business figures suddenly so bullish on blockchain?
Let’s break it down
“It Forced Me Into the Crypto World”
Trump revealed that banking inefficiencies pushed him toward digital assets, warning that banks have just ten years to adapt – or disappear.
“If the banks don’t watch what’s coming, they’re going to be extinct,” he said.
He reserved particular criticism for SWIFT, the global messaging network used for cross-border transactions, calling it an “absolute disaster.” Trump argued that blockchain technology offers faster, cheaper, and more transparent solutions that threaten to replace legacy systems entirely.
“You can open up a DeFi [decentralized finance] app right now, you can open up any cryptocurrency app, and you can send money, wallet to wallet, instantaneously, without the expense, without the variability.”
While Banks Push Back, Crypto Marches On
Despite his stark message, many global banks remain hesitant.
Some institutions, like the Bank of Italy, continue to push against stablecoins and Bitcoin investments. But Trump’s forecast reflects growing optimism within the crypto industry, as major players anticipate increased adoption – especially in the wake of a more crypto-friendly U.S. administration, policies, and regulation.
He’s also very confident about where this is all headed. Back in December 2024, he made headlines by predicting Bitcoin would eventually hit $1 million per coin. His reasoning? As the demand for faster, decentralized, and more inclusive financial tools grows, he believes global governments and institutions will have no choice but to embrace crypto to stay competitive.
Times are indeed looking up, so will players adapt?
The Trump Family’s Full Crypto Pivot
Eric Trump’s warning have grave meaning behind them. Along with his brother Donald Trump Jr., he co-founded American Bitcoin, a mining firm built with Hut 8 CEO Asher Genoot. The duo is also behind World Liberty Financial, a new firm working to launch a U.S. dollar-backed stablecoin.
According to Eric, the family’s shift to crypto was born out of necessity.
“We were the most canceled company, probably on Earth,” he said, referring to banks cutting ties and government scrutiny.
Their foray into meme coins, mining, and decentralized finance is more like a stand against a system they say turned its back on them.
And now, Eric Trump is betting that same system is on borrowed time.
The post Eric Trump Warns: Global Banks Must Adopt Crypto or Die Out appeared first on Coinpedia Fintech News
When someone from the Trump family talks, the entire finance and crypto worlds stop to listen. Now, Eric Trump has issued a a clear warning to global banks – get on board with cryptocurrency or risk vanishing within the next ten years. Speaking to CNBC in Dubai on April 30, the Trump Organization executive didn’t …
PumpFun tokens show renewed strength after a prolonged correction, with activity on the platform accelerating again. Daily token launches have consistently held above 30,000 per day over the past few weeks, and weekly volume has surged back above $1 billion since April 7.
In the last few weeks, three tokens—Alchemist AI (ALCH), FARTCOIN, and AI Rig Complex (ARC)—have emerged as standout performers. Each is riding a wave of momentum into the end of April, backed by strong narratives, technical setups, and growing investor attention.
Alchemist AI (ALCH)
Alchemist AI, a no-code development platform allowing users to build software applications through natural language commands and simple descriptions, has gained significant traction in the market.
Over the past week, ALCH has surged nearly 40%, pushing its market capitalization to $177 million, and is currently one of the biggest PumpFun tokens.
This rally highlights growing interest in user-friendly AI tools and low-code/no-code infrastructure, which are increasingly viewed as the future of accessible software development.
From a technical perspective, ALCH is approaching a key resistance level around $0.229.
If the current momentum continues, a breakout above that zone could propel the token past $0.25 and into new all-time highs.
However, if buying pressure fades and the $0.173 support is lost, a downward move toward $0.132 could follow, potentially extending as low as $0.099 in the event of a sharper correction.
From a technical standpoint, FARTCOIN’s chart remains bullish, with its EMA lines confirming upward momentum as short-term averages stay above the long-term ones.
The token is approaching a critical resistance at $1.20, and a breakout there could lead to a rally toward $1.60.
However, if momentum fades, the first support sits at $0.965, potentially sliding to $0.717 if that level fails to hold.
AI Rig Complex (ARC)
ARC has experienced intense volatility recently, crashing 91% between February and April as part of the broader correction that hit AI agent tokens across the crypto space.
However, momentum has recently shifted, with ARC rebounding nearly 31% in the past seven days.
The project is uniquely positioned at the intersection of two powerful narratives—artificial intelligence and PumpFun tokens—both regaining investor interest. If positive sentiment continues to build, this dual exposure could serve as a strong tailwind for the token.
ARC drives Rig, an open-source framework that allows developers to build modular, portable, and lightweight crypto AI agents.
If the current bullish momentum holds, ARC could soon test the resistance at $0.056 and potentially target $0.071 and $0.083 in extension.
However, the $0.048 and $0.043 levels will be key supports if buying interest fades. A breakdown below those could trigger a deeper pullback, with $0.034 as the next major downside target.
Voxies (VOXEL), a little-known gaming token, surged by over 200% within 24 hours on April 20 following a suspected malfunction in Bitget’s trading system.
The unexpected glitch led to an explosive spike in activity, pushing the VOXEL/USDT contract’s trading volume to an eye-watering $12.7 billion. According to Coingecko data, this significantly outpaces Bitcoin’s $4.76 billion volume on the same platform.
The unprecedented spike drew attention across the crypto space, particularly given that VOXEL is a relatively obscure free-to-play blockchain game token with a market cap under $30 million.
According to on-chain analyst Dylan, the Bitget bot repeatedly executed trades within the narrow $0.125 to $0.138 price range. Savvy traders quickly caught on, using just $100 to scalp profits exceeding six figures.
Reports suggest that the glitch allowed some users to walk away with tens or even hundreds of thousands of USDT in a matter of hours.
In response, Bitget’s spokesperson Xie Jiayin confirmed the platform was aware of the irregular activity and has launched an internal investigation. The company also noted that affected accounts may face temporary restrictions, urging users to contact in-app support for further assistance.
“Every platform, at every stage of development, may encounter challenges and uncertainties, yet these are an inevitable part of the journey. Bitget will provide the event details and resolution within 24 hours,” Jiayin added.
Meanwhile, the incident has sparked criticism from market experts and traders, many of whom question Bitget’s internal safeguards and technical maturity.
Several community members have criticized Bitget’s response to the issue. Some have claimed that the exchange’s decision to forcibly settle VOXEL contracts at discounted rates breached user trust. Bitget’s hybrid custody model is also receiving backlash following the incident.
“The platform’s product design reveals concerning flaws: a hybrid custody risk pool exposes users to systemic risks, and unrestricted position sizes open the door to manipulation. If these issues are not addressed, more altcoins could be weaponized against Bitget—potentially making it the next catastrophic failure in the crypto space,” one analyst stated.