Author: Monicah W

CEO Paolo Ardoino of the largest stablecoin (USDT) issuer company, Tether, has revealed the next “unparalleled growth opportunity” in web3.

In a recent X post, he called the ongoing growth in the development of stablecoin related infrastructure as the unprecedented growth opportunity” with the current total market cap of stablecoin market surpassing $234 billion.

His comments came in as the Stablecoins focused and Bitcoin built blockchain, Plasma, announced its latest partnership with Curve Finance. Plasma announced Curve as its next major ecosystem partner after recently collaborating with Ethena too.

Notably, Plasma is building itself as the stablecoin-purposed blockchain, aimed at overcoming the existing difficulties with Ethereum and Tron.

Unparalleled growth opportunity https://t.co/fbTfTBIr6h

— Paolo Ardoino (@paoloardoino) April 17, 2025

Paolo Ardoino Backing And Plasma-Curve Partnership

Calling Stablecoins as the “trillion-dollar opportunity”, Plasma has partnered with Curve to enable stablecoin swaps for traders via its ecosystem.

It has also decided to integrate Curve’s stablecoin, crvUSD, on its blockchain from Day 1. Curve Finance is renowned for its efficient, low‑slippage stablecoin and wrapped‑token liquidity pools.

It has over $10 billion in total value locked (TVL) across Ethereum, Arbitrum, and other chains – highlighting a substantial share of global stablecoin trading volume.

As part of the partnership, Plasma will deploy Curve’s automated market‑maker (AMM) to inject deep liquidity directly into Plasma’s zero‑fee rails.

Curve and Plasma are deeply aligned in our focus on efficient design, deep liquidity, and stablecoin-native infrastructure.

This partnership enables tight swaps for traders and top-tier yields for LPs, reinforcing Plasma as the best network for stablecoins.

— Plasma (@PlasmaFDN) April 21, 2025

Notably, Curve’s StableSwap AMM is a purpose-built automated market maker (AMM) designed specifically for efficient stablecoin trading. StableSwap optimizes for minimal slippage and lower fees when trading tokens of similar value, such as USDT, USDC, and DAI. This is unlike general-purpose AMMs like Uniswap, which use constant product formulas.

Thus, Curve’s AMM enable users to swap USDT and other stable assets with minimal cost and maximal capital efficiency.

Stablecoins as the “trillion dollar opportunity”

Tether CEO Paulo Ardoino is hinting at the evolving opportunities in the stablecoin development and related infrastructure. Recently, his firm, Tether invested in Fizen as well – to Expand Stablecoin Adoption and Self-Custody Solutions.

With many stablecoin-focused projects coming up, major players such as Trump’s WLFI, Ripple, Polygon, are also tapping at the unlocked potential of Stablecoins.

And now the ongoing development of Bitcoin-based stablecoin blockchain, Plasma, with backing from Paolo Ardoino himself can provide further boost to this. It can also boost the dominance of Tether’s USDt as the competition in the stablecoin market continues to heat up at an unprecedented pace.

Notably, CEO Paolo Ardoino made his first association with Plasma in public limelight after participating in its $24 million funding in February this year. Plasma is also backed by Framework Ventures and crypto exchange Bitfinex.

Its specific features such as zero gas fees for USDT transfers unlike Ethereum and TRON’s expensive fees along with ultra-low latency, seems promising. It also doesn’t requires users to have native token to use Stablecoins – allowing users to pay in BTC or USDT.

Thus, as Plasma eyes its beta launch soon, the collaboration and integration with new partners with Paolo Ardoino backing, it seems to have plans of becoming a major leader in the industry.

The post Tether CEO Paolo Ardoino Hails ‘Unparalleled Growth Opportunity’ As Plasma-Curve Partner appeared first on CoinGape.

An anonymous crypto trader has faced the real impact of the crypto market’s volatility as his $19M bet resulted in a $17M loss within a month. Although the Trump trade war is to blame for the ongoing bearish conditions of the financial market, the Mantra (OM) price crash came unexpectedly, leaving many, including this crypto investor, in massive loss. Let’s discuss what went wrong.

Crypto Trader Lost $17M in Mantra Price Crash

According to the Data Nerd X post, a crypto trader with wallet address 0x5AC lost nearly $17M in unrealized loss, as the individual bet on the OM token. The on-chain activity reveals that the traders spent $18.7M to buy 2.9M OM in the previous month.

However, due to the Mantra price crash, the same $18.7M resulted in the $17M unrealized loss. This came to attention as the crypto investor deposited 1.724M OM on the Binance exchange two days ago, potentially to sell.

He is still left with 1.173M OM, worth only $585k at the current price, and the recovery seems challenging. Notably, a bunch of other traders lost $400M in the Mantra crash.

How’s Mantra Trading Today & Will it Recover Further?

The Mantra price crash led to wiping out billions from the market. The team reveals that the whales’ liquidation on the centralized exchanges has resulted in this incident, affecting all holders, including the aforementioned crypto trader.

Even now, the OM price is down, currently trading at $0.5328 with a market capitalization of $505.44M. Interestingly, the token is attempting recovery today, as the value is up 5% due to high trading volume and investor activity after MANTRA announced 300M token burn.

However, despite that, the broader trajectory remains bearish for the token.

The ongoing bearish conditions amid the Trump tariff and delayed Fed rate cut are affecting the investors’ sentiments, challenging the Mantra’s price recovery.

The post Crypto Trader’s $19M Bet Turns Into a $17M Nightmare: What’s the Fallout? appeared first on CoinGape.

The crypto market has somewhat come to a standstill after the massive bloodshed that happened after US President Donald Trump took the seat. This not only caused most crypto prices to drop but also instilled negative sentiments. The Pi Network price also fell victim to this, as its value dropped by over 37% in the last month. 

Pi’s price today stands at $0.6349 with a market capitalization of over $4.4 billion. However, the entire scenario might change soon. World Of Charts, a popular crypto analyst, recently posted a tweet highlighting a notable development. As per the tweet, the total crypto market capitalization broke above a falling wedge pattern. This suggested that the bulls are ready to take over, which can result in a crypto bull run, in turn helping the Pi Network price to rise again. 

#Crypto Total Market Cap Breakout Confirmed, Expecting Strong Recovery In Midterm https://t.co/4D3fDdpE1w pic.twitter.com/JvUJHENx4j

— World Of Charts (@WorldOfCharts1) April 22, 2025

What Pi Network Price Analysis Suggests…

Since the analyst pointed at a possible bull breakout soon, let’s take a look at Pi Network’s current state to understand whether it’s also preparing for the same. The Pi Network price chart revealed that the price broke above a similar falling wedge pattern a few days ago.

However, after that, it has entered a non-volatile zone, as depicted by the narrow Bollinger Bands. Therefore, if the crypto market turns bullish, the Pi Network price might break the upper resistance of the Bollinger Bands and enter a high volatility zone. Nonetheless, this might take a few days or weeks more to happen. 

Decoding Pi’s Upcoming Targets

Notably, since the Pi price dropped over the last month, market sentiment around it has also turned bearish. For instance, the token’s weighted sentiment remains in the negative zone. Pi, which created a lot of buzz recently, witnessed a massive decline in social dominance during the same period. Nonetheless, in case of a fresh crypto bull run, market sentiments might pivot. 

In a utopian scenario where the crypto market actually explodes, the Pi Network price has to cross a few barriers, though. Mentioning Pi Network price prediction, in case of a bullish market switch, it will be crucial for Pi price to first go above its strong resistances at $0.65 and $0.7. This will allow the token to target $1.5 next. Going further ahead, if market conditions remain favorable, the Pi price might as well go beyond $3 in case of a continued crypto bull market. 

To Conclude

Right now, the Pi Network price is facing trouble and seems to have a bearish sentiment around it. However, there are possibilities of an upcoming crypto bull run to change this. Should the momentum build for the Pi price to thrive, the following hike in investor confidence could see some optimistic targets hit.

The post Is Pi Network Price Ready to Moon? Crypto Bull Run Sparks Fresh Predictions appeared first on CoinGape.

The post WazirX News: Relaunch Soon? Key Court Hearing Nears After $234M Hack appeared first on Coinpedia Fintech News

India’s leading crypto exchange WazirX is gearing up for a comeback after being rocked by a massive $234 million hack in July 2024. The exchange recently confirmed it’s ready to resume operations, with a crucial hearing scheduled for May 13, 2025, in the High Court of Singapore.

FAQ: What’s the current update on the restart of WazirX operations?

A: We understand the eagerness around the platform restart and truly appreciate your continued patience. Since the beginning, we have communicated that the First Distribution and restart would occur within the… pic.twitter.com/VJtfX4EBLh

— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) April 21, 2025

The upcoming hearing will decide the fate of WazirX’s proposed restructuring and user compensation plan. A favorable ruling could end a nearly year-long wait for thousands of affected users and clear the way for the platform’s return.

The Lazarus Group Connection

The July 2024 exploit was linked to North Korea’s infamous Lazarus Group and specifically targeted WazirX’s Safe Multisig wallet. Following the attack, the exchange had to suspend all crypto and fiat withdrawals. It remains one of the largest hacks in India’s crypto history and sent shockwaves through the local digital asset ecosystem.

Recovery Plan: Tokens, Payouts, and a 10-Day Timeline

If the court gives the green light, WazirX’s parent company, Zettai PTE Ltd, will resume operations within 10 business days. The recovery plan includes distributing recovery tokens to compensate users, with over 90% of creditors already voting in favor.

The plan aims to restore between 75-80% of user funds using profits from future operations.

Legal Setback for Indian Users

While things move forward in Singapore, victims in India hit a roadblock. The Supreme Court of India recently dismissed a petition filed by 54 victims of the hack. The petition sought legal action against WazirX, its founder Nischal Shetty, Binance, and custody partner Liminal. The court stated the issue falls under broader crypto policy and advised petitioners to approach regulatory bodies instead.

Exchange Sticks to April–May Relaunch Timeline

WazirX has consistently maintained that its restart and first round of compensation will take place between April and May 2025. Most of the groundwork is already in place, and with just the court’s approval pending, the exchange appears poised for a fresh start.

A positive outcome in Singapore could mark the official return of WazirX – restructured, more secure, and focused on user recovery. The platform’s comeback will be closely watched, not just as a test of its resilience, but as a case study in how exchanges can bounce back after major security failures.

The post WazirX News: Relaunch Soon? Key Court Hearing Nears After $234M Hack appeared first on Coinpedia Fintech News
India’s leading crypto exchange WazirX is gearing up for a comeback after being rocked by a massive $234 million hack in July 2024. The exchange recently confirmed it’s ready to resume operations, with a crucial hearing scheduled for May 13, 2025, in the High Court of Singapore. FAQ: What’s the current update on the restart …

The post 100X MEMEBOX Launches to Redefine Wealth Building in Crypto appeared first on Coinpedia Fintech News

100X has officially launched one of its most powerful and forward-thinking ecosystem products to date—100X MEMEBOX—marking a bold leap into the future of structured, trend-driven wealth generation in the crypto space. In an industry where investors are constantly torn between risk and security, 100X MEMEBOX offers a fresh, intelligent approach: giving users access to market upside while eliminating the complexity of day-to-day trading.

What is 100X MEMEBOX?

100X MEMEBOX is a unique meme coin asset management system designed for users to earn from the explosive meme coin trend—without needing trading skills. It offers smart fund management, market timing, and profit sharing, with a guaranteed 5% monthly income.

Launched during a volatile market, MEMEBOX capitalizes on meme coin hype, emotion-driven cycles, and viral trends. The 100X team has transformed this momentum into a reliable, passive income opportunity for everyday investors.

Why 100X MEMEBOX is Different

Unlike typical high-risk DeFi projects or speculative meme tokens, 100X MEMEBOX is built on a stable, managed model. By integrating professional trading execution, smart portfolio allocation, and transparent distribution logic, MEMEBOX ensures that participants benefit from both fixed returns and bonus sharing. The 5% monthly return serves as a cornerstone of the platform’s offering, giving investors the confidence of knowing their wealth will grow steadily over time. This model is active, optimized, and designed with long-term sustainability in mind.

The 5% monthly income is guaranteed, making MEMEBOX one of the most secure passive income opportunities in the crypto space. Whether you are a novice or an experienced investor, this feature offers peace of mind, allowing you to invest without worrying about market fluctuations. With a blend of consistent fixed returns and profit sharing based on actual trading performance, MEMEBOX gives users both stability and growth.

Investor Protection and Multi-Income Advantage

To further enhance investor confidence—especially for larger contributors—100X MEMEBOX has implemented a dual-layered fund management structure. For any investor contributing $1 million or more, their capital is divided into two equal portions:

• 50% of funds are secured in a multi-signature wallet and used solely for fund management of high-potential meme coin investments. This ensures a strong security foundation and long-term strategic growth.
• The other 50% is actively deployed for meme coin trading, leveraging the 100X team’s real-time market analysis and trading infrastructure.

This structure not only protects investor capital but also enables diversified income streams. As a result, 100X MEMEBOX investors can benefit from four types of income:

1. Fixed monthly income of 5%
2. Profit sharing from meme coin trading
3. Profit sharing from managed fund investments
4. Airdrop rewards in the form of 100XT Tokens

Strategic Market Positioning

What sets 100X MEMEBOX apart is its bold and strategic positioning in this space. The 100X team has invested $3 million to purchase $18 million worth of a high-potential meme coin, acquiring approximately 20–30% of the coin’s total market capitalization. This significant holding gives the platform powerful leverage in wave-based trading and price cycles. With this infrastructure, MEMEBOX is able to capture upside and redistribute profits—empowering users to earn without trading on their own.

The Future of Crypto Investing

The launch of 100X MEMEBOX signals more than just a new product. It represents 100X’s commitment to innovation, market awareness, and empowering everyday investors. With MEMEBOX, users aren’t just investing in a trend—they’re investing with a strategy. More than that, they’re joining a movement that values clarity, consistency, and long-term value creation.

100X MEMEBOX is now live. The system is working. The trend is in motion. The only question left is: Will you follow the hype—or lead with strategy?

The post 100X MEMEBOX Launches to Redefine Wealth Building in Crypto appeared first on Coinpedia Fintech News
100X has officially launched one of its most powerful and forward-thinking ecosystem products to date—100X MEMEBOX—marking a bold leap into the future of structured, trend-driven wealth generation in the crypto space. In an industry where investors are constantly torn between risk and security, 100X MEMEBOX offers a fresh, intelligent approach: giving users access to market …

The post Ripple’s Massive $4M Gift to Trump Inauguration Draws Scrutiny appeared first on Coinpedia Fintech News

The start to President Trump’s second term in the US has been quite rocky to the crypto sector. Although Bitcoin soared to its highs of $109K in the initial days, the crypto sector also witnessed lows close to $70K levels due to the fears driven by Trump Tariffs and global market volatility. 

Even though there has been momentum in crypto regulation and stronger ties with the sector, the economic uncertainty due to the global trade war has led to instability in the markets. 

Nevertheless, Trump had solid support from crypto heavyweights as recent documents from the Federal Election Commission (FEC) reveals that several major digital asset firms donated millions to Trump’s inauguration fund. As per records, Crypto firms and executives poured in about $18 million into the fund.

crypto companies and execs donated $18 million to trump’s inauguration fund, according to sunday’s FEC filing:https://t.co/5wJo077vmT pic.twitter.com/XyNLwSyY6k

— Ben Weiss (@bdanweiss) April 21, 2025

Ripple Donates About $5 Million

According to the filings, Solana Labs donated $1 million USD to back the current administration. There were other contributions from Uniswap’s CEO Hayden Adams ($245,000) and Consensys ($100,000) too. But who led the pack? It was Ripple Labs who has been the biggest donor so far which contributed about $5 million ($7.8 million AUD). Pilgrim’s Pride Corp, a U.S.-based poultry producer, was the only company which donated more. 

Between Trump’s victory and the release of the report on April 20, his political party attracted around $239 million USD (AU $372 million) in donations. Several major crypto firms including Coinbase, Ripple Labs, Kraken, Ondo Finance, and Robinhood made seven figure donations. Meta, PayPal, FedEx, Open AI’s Sam Altman, Nvidia and Apple, were also among the top contributors.  

As the Trump administration has taken a pro-crypto stance, the SEC has dropped major lawsuits, giving relief to big players like Coinbase, OpenSea, and Ripple. 

Trump had announced that his executive order on digital assets will create a new U.S. strategic cryptocurrency reserve which is expected to include Bitcoin, Ether, XRP, Solana, and Cardano.

XRP Fails To Rally

XRP saw impressive gains after CEO Brad Garlinghouse and CLO Stuart Alderoty met Trump. However, XRP has failed to rally despite the latest developments. It is currently trading at $2.10, down 0.9% in the past day and over 3% in the past week.

The post Ripple’s Massive $4M Gift to Trump Inauguration Draws Scrutiny appeared first on Coinpedia Fintech News
The start to President Trump’s second term in the US has been quite rocky to the crypto sector. Although Bitcoin soared to its highs of $109K in the initial days, the crypto sector also witnessed lows close to $70K levels due to the fears driven by Trump Tariffs and global market volatility.  Even though there …

The post National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance appeared first on Coinpedia Fintech News

On March 6, 2025, U.S. President Donald Trump

Donald Trump

Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election

President

signed an Executive Order establishing a Bitcoin Strategic Reserve and a U.S. Digital Asset Stockpile. This marked a major step in integrating digital assets into the U.S. financial framework.

For now, the reserve only holds Bitcoin seized through criminal and civil forfeiture cases. But many believe this could be the beginning of something much bigger.

Is the U.S. Preparing a Full-Scale National Bitcoin Reserve?

Although limited in scope today, talk is growing around a possible expansion into a full National Bitcoin Reserve. The idea would mirror the structure of the Strategic Petroleum Reserve, but for digital assets.

Prediction market platform Kalshi currently puts the chances of such a move at 50%. This potential reserve would include Bitcoin not obtained through seizures – and could even involve other cryptocurrencies.

Importantly, the Kalshi contract requires that the reserve be fully functional and operational, not just announced.

Market Sentiment on the Move

Kalshi’s data shows just how much public sentiment has shifted in the past few months:

• 57.2% probability at the start of 2025
• 41.2% low on January 9
• 70.6% peak on March 6 (following Trump’s executive order)
• 50% as of April 22

This swing reflects growing interest and speculation as the administration takes real action on crypto policy.

Timeline: Trump’s Key Moves on Bitcoin and Crypto

• July 2024 – Trump announces plan for a Bitcoin Reserve during campaign
• Nov 2024 – Wins the U.S. Presidential election; promises pro-crypto cabinet members
• Dec 2024 – Plans nomination of Paul S. Atkins as SEC chair
• Jan 2025 – Forms a crypto regulation task force via the SEC
• Mar 2025 – Signs Executive Order to form the Bitcoin Strategic Reserve

Each of these steps suggests a broader digital asset strategy may be in the works.

What a National Bitcoin Reserve Could Mean

If Trump moves forward with a fully operational National Bitcoin Reserve, it could mark a historic turning point in U.S. economic policy. It would position Bitcoin not just as a financial asset, but as a strategic one.

Such a development could:

• Enhance investor trust in U.S. crypto policies
• Accelerate regulatory clarity and institutional adoption
• Signal America’s leadership in global digital finance

Still, much will depend on how the plan is executed, how it aligns politically, and how other countries respond.

The days of digital assets sitting on the sidelines of U.S. policy may be numbered, and Bitcoin just took one step closer to the main stage.

The post National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance appeared first on Coinpedia Fintech News
On March 6, 2025, U.S. President signed an Executive Order establishing a Bitcoin Strategic Reserve and a U.S. Digital Asset Stockpile. This marked a major step in integrating digital assets into the U.S. financial framework. For now, the reserve only holds Bitcoin seized through criminal and civil forfeiture cases. But many believe this could be …

The post Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why! appeared first on Coinpedia Fintech News

SUI, a blockchain project that many now call Solana’s biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture. Several signs are pointing to something much bigger on the horizon for this rising Sui token.

Sui Stablecoin Inflows Hit Record High

SUI was once seen as one of the worst-performing assets this year, with its price falling nearly 60% since January. But things started to change in March and April, as the token began showing signs of a strong comeback.

In the last week alone, the SUI network saw a major jump in stablecoin activity. Around $60 million worth of stablecoins flowed into the network in just 24 hours, marking a new record. 

This surge has now placed SUI among the top blockchain networks when it comes to stablecoin inflows, even outpacing giants like Ethereum and Solana.

SUI Showing Strong Bullish Signals

Adding even more excitement, popular crypto analyst Raoul Pal has shared a very bullish outlook for the token. Looking at the SUI’s 1-day price chart, Pal believes the coin is close to breaking out of a downward trend and may be ready for a strong rally. 

Sui – Knock knocking knocking on heavens door… $SUI pic.twitter.com/LbBiYzRzNR

— Raoul Pal (@RaoulGMI) April 21, 2025

Supporting this view, another well-known crypto trader, Capital Faibik, points to a “falling wedge” pattern forming on SUI’s chart. This pattern often signals a breakout, and if that happens, he believes the price could surge to around $4.80.

Big Prediction: SUI to $10?

But the most eye-catching prediction comes from investment giant VanEck. The firm, which manages over $116 billion in assets, says SUI could rise by more than 350% and hit $10 by the end of 2025.

This prediction seems more likely now, as Canary Capital Funds has just filed for the first-ever SUI token ETF. This move could attract institutional investors, which usually helps the asset grow in the long term.

SUI Price Analysis

As of now, SUI is currently trading at $2.32, showing a 1.5% increase in the last 24 hours, with the market cap reaching $7.5 billion.

Looking at the charts, it’s clear that the bulls are in control. The RSI has jumped from 48 to 68, indicating renewed buying activity. Plus, the MACD has turned bullish, showing that the trend could continue its upward trajectory.

The token recently broke past a critical resistance at $2.25, a level that now offers solid support. If SUI keeps pushing forward, the next resistance point to watch is $2.78. A breakout above this could lead to a rise toward $3.17.

The post Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why! appeared first on Coinpedia Fintech News
SUI, a blockchain project that many now call Solana’s biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture. Several signs are pointing to something much bigger on the …