Solana (SOL) Faces Selling Pressure Even as DEX Volume Surges

Solana (SOL) has been up nearly 18% over the last 30 days. SOL’s bullish structure remains technically intact, although some key momentum indicators show signs of weakening.

At the same time, Solana continues to dominate DEX volume and blockchain revenue rankings, reinforcing its strong position in the broader ecosystem. Here’s a closer look at the latest technical and on-chain developments for Solana.

Bullish Structure Intact for Solana, But Key Momentum Signals Weaken

Solana’s Ichimoku Cloud chart shows the price testing support near the top of the green cloud.

The blue baseline (Kijun-sen) and red conversion line (Tenkan-sen) have flattened and run close to the candles, signaling a loss of short-term momentum.

The green leading span (Senkou Span A) remains above the red span (Senkou Span B), but the narrowing distance points to weakening bullish momentum.

Institutional momentum appears to be building, as DeFi Development Corp aims to become “Solana’s MicroStrategy” with a $1 billion plan and a Coinbase report highlighting corporate treasuries migrating to Solana.

SOL Ichimoku Cloud.
SOL Ichimoku Cloud. Source: TradingView.

If SOL stays above the cloud, the bullish structure remains intact, but a drop inside could trigger deeper consolidation.

SOL’s BBTrend indicator is also weakening, currently 4.06 down sharply from 10.43 three days ago.

SOL BBTrend.
SOL BBTrend. Source: TradingView.

Despite this, BBTrend has stayed positive for 17 days since April 11, showing that broader momentum remains.

The BBTrend measures trend strength through Bollinger Band expansion or contraction; a falling BBTrend often signals slowing momentum or consolidation.

If BBTrend keeps falling, SOL could lose more momentum, but a buyer recovery could still lead to a fresh breakout attempt.

Solana Continues To Dominate DEX Volume and App Fees

Solana continues to dominate DEX volume among different chains, recording $20 billion in trading volume over the last seven days.

In just the past 24 hours, Solana’s DEX volume reached $2.4 billion. Over the past week, Solana’s DEX volume has increased by nearly 32%.

DEX Volume by Chain.
DEX Volume by Chain. Source: DeFiLlama.

Beyond DEX activity, Solana-based applications dominate the charts regarding blockchain revenue and fees.

Six of the top 10 chains and protocols — excluding stablecoins like Tether (USDT) and Circle (USDC) — are directly tied to the Solana ecosystem, with Pump and Jito leading the charge.

SOL at Key Decision Zone With 23% Upside Potential on Breakout

Solana Exponential Moving Average (EMA) lines remain bullish, with the short-term EMAs still positioned above the long-term ones.

However, SOL is now trading very close to a critical support level at $145, which has become an important area to watch. If this support is tested and fails, Solana price could quickly drop to the next support zone around $133.82.

SOL Price Analysis.
SOL Price Analysis. Source: TradingView.

In a deeper selloff scenario, the downtrend could extend further toward $123.41, significantly weakening the current bullish structure.

On the other hand, if buyers step back in and reinforce the uptrend, SOL could rally to test the $157 resistance level.

A successful breakout above $157 would strengthen the bullish momentum and potentially open the way for a move toward $180, offering around 23% upside from current levels.

The post Solana (SOL) Faces Selling Pressure Even as DEX Volume Surges appeared first on BeInCrypto.

Bitcoin’s (BTC) Price Prediction and Why Ruvi AI (RUVI) Is The Most Promising Project in 2025?

ruvi-ai-bitcoin

The post Bitcoin’s (BTC) Price Prediction and Why Ruvi AI (RUVI) Is The Most Promising Project in 2025? appeared first on Coinpedia Fintech News

Bitcoin is once again captivating the world of finance. The cryptocurrency recently surged to $95,000, its highest level this year, and analysts are predicting it could climb even further, with projections reaching $130,000 or more by the end of 2025. This rally signals not just the resilience of digital assets but also a broader bullish trend in the cryptocurrency market. For investors, this opens a door to opportunities that extend far beyond Bitcoin’s impressive performance.

One of the most exciting opportunities in this rising market momentum is Ruvi AI, a project at the intersection of blockchain and artificial intelligence. With a thriving presale and a clear route to massive returns, Ruvi AI is positioning itself as the next big player on the crypto stage.

Bitcoin’s Rally as a Beacon for Market Trends

Bitcoin achieving $95,000 is significant for more than just record-breaking numbers. It reflects a growing maturity in the cryptocurrency ecosystem and renewed interest from institutional and retail investors alike. Spot Bitcoin exchange-traded funds (ETFs) recently saw inflows of $2.7 billion, showcasing investors’ confidence despite macroeconomic challenges. Furthermore, Bitcoin’s ability to decouple from traditional assets like stocks and its correlation with gold reinforce its position as a haven for long-term value.

This renewed optimism around Bitcoin ripples across the entire crypto market, increasing visibility and liquidity for promising digital assets. Now is the time to discover hidden gems, such as Ruvi AI, that offer not only eye-catching potential but also solutions for real-world applications.

What Ruvi AI Brings to the Table

Ruvi AI is not just another blockchain project. By combining the power of artificial intelligence with decentralized technologies, it addresses inefficiencies in industries ranging from healthcare to business automation. Its unique vision has already caught the attention of early investors during a highly successful presale, selling over 10 million tokens and raising $100,000 in just a few days.

Unlike projects relying on speculative hype, Ruvi AI delivers value through real utilities. This clear focus makes it an ideal candidate to thrive in the bullish trends set in motion by Bitcoin’s rally.

The VIP Tier 5 Bonus and High ROI Potential

For investors keen on maximizing their rewards, Ruvi AI’s VIP Tier 5 bonus is a standout feature. Accumulating 500,000 tokens during the presale, investors qualify for VIP 5 tier bonus. At the current price of $0,01 per token it equals to $5,000. Once it is achieved, the purchased amount will double thanks to a 100% bonus, totalling at 1,000,000 tokens. 

When Ruvi AI lists at a confirmed price of $0.07, this $5,000 investment will instantly be worth $70,000. That’s an ROI of over 1,300%. But the potential doesn’t stop there. Industry experts are projecting Ruvi AI’s token price could reach $1 in the long term. If this occurs, the same $5,000 investment would transform into a jaw-dropping $1,000,000, yielding a return of 19,900% for early believers.

ruvi-ai-presale

The combination of accessibility, high bonuses, and long-term growth potential makes the VIP Tier 3 bonus a must-consider for forward-thinking investors.

Ruvi AI further rewards its highly engaged community through leaderboard incentives. Top contributors competing during the presale phase can secure additional perks and recognition. The most loyal supporters who secured their spot in the top 10 will receive additional 500,000 tokens which equal to $35,000 at the token’s listing and $500,000 if the token achieves it’s projected $1 valuation post listing. 

This system encourages a vibrant investor community while offering extra rewards to those committed to the project’s success.

Why Ruvi AI Is More Than Just a Token

While Bitcoin serves as a benchmark for digital asset resilience, Ruvi AI offers something distinct. It brings together innovation and usability. By addressing existing problems and creating utility across industries, Ruvi AI has laid the foundation for sustainable growth. Unlike Bitcoin, which acts primarily as a store of value, Ruvi AI is focused on creating practical tools that improve lives and enhance productivity.

The project’s commitment to transparency and community engagement further underscores its value. Tokens come with a clear roadmap, and offerings such as the leaderboard and bonus structure create a sense of inclusion and shared purpose for everyone involved.

Seizing the Moment

Bitcoin’s bullish momentum has reignited enthusiasm for cryptocurrencies across the globe. With its record-breaking gains and promising projections, this is an environment ripe for high-growth projects like Ruvi AI. For investors willing to act swiftly, the ongoing Ruvi AI presale offers an unparalleled opportunity to secure tokens at an early-stage price and benefit from bonuses that elevate earnings potential.

Set against the backdrop of a thriving market, Ruvi AI embodies the innovation and capability required to excel in the evolving world of blockchain and artificial intelligence. Whether you’re an experienced crypto investor or someone new to the scene, there has never been a better time to consider Ruvi AI as your next investment. Take action today and be part of a project poised to lead in a bullish market wave.

Learn More

The post Bitcoin’s (BTC) Price Prediction and Why Ruvi AI (RUVI) Is The Most Promising Project in 2025? appeared first on Coinpedia Fintech News
Bitcoin is once again captivating the world of finance. The cryptocurrency recently surged to $95,000, its highest level this year, and analysts are predicting it could climb even further, with projections reaching $130,000 or more by the end of 2025. This rally signals not just the resilience of digital assets but also a broader bullish …

What’s Next for BTC, ETH, XRP Price Prediction As US Banks Face $482 billion in Unrealized Losses

Bitcoin (BTC) and most altcoins may have another bullish catalyst hidden in plain sight: the US banking sector is in a crisis despite the veneer of stability. The unrealized losses are surging, a trend that may ultimately benefit alternative assets like BTC, considered as an inflation hedge or an uncorrelated asset over time. This BTC, ETH, and XRP price prediction highlights what to expect as these losses jump.

US Banks Unrealized Losses are Soaring

The Federal Reserve and the CEOs of large U.S. banks have continually emphasized the sector’s stability. Besides, the too-big-to-fail banks like Bank of America and Wells Fargo have passed one stress test after the other. Also, some of these banks, especially JPMorgan, have boosted their CET-1 ratio, a figure that showcases their ability to withhold losses under stress.

However, beneath the veneer of stability, US banks have a big hole that may one day benefit BTC, ETH, and XRP prices. They are sitting at over $482 billion in unrealized losses, a figure that has continued to swell.

The risk is that these banks cannot sell their held-to-maturity bonds for now since that would mean that they take substantial losses, hurting their share prices. At the same time, the Fed cannot cut interest rates rapidly as Trump has demanded. Doing that would spark inflation.

Furthermore, there is a growing risk that trust in the US is eroding as the Trump trade war persists. Indeed, Japan has already sold $20 billion of its international bonds, while China has continued to scale down its US holdings. In a note, an analyst on X said:

“This massively reinforces the structural case for Bitcoin. Because Bitcoin isn’t just an “inflation hedge.” It’s becoming the collateral of last resort as trust in traditional collateral evaporates.”

XRP Price Prediction: Breaks Crucial Resistance

The daily chart reveals that the XRP price has surged, and moved above the descending trendline connecting the highest swings since January 15. Moving above that level was important because it invalidated the descending triangle pattern that has been forming.

Ripple price also jumped above the 100-day moving average, a level it has resisted in the past few weeks. Additionally, it has validated the bullish view of the inverse head-and-shoulders pattern.

Therefore, the most likely Ripple price forecast is bullish, with the initial target being the psychological point at $3. This target is about 30% above the current level, and along the shoulders section of the H&S pattern that formed earlier this year.

XRP Price chart
XRP price chart

BTC Price Analysis: Rally to Accelerate

The chart below reveals that the BTC price has surged above $95,000. It sits much higher than the 100-day moving average and has formed a bullish flag chart pattern. This pattern has a tall flagpole and a consolidation and often leads to more gains.

The Bitcoin price has jumped above $88,827, the neckline of the double bottom at $76,800. Therefore, with US banks unrealized losses rising, there is a likelihood that it will blast above $100,000 soon.

BTC price chart
BTC price chart

ETH Price Technical Analysis

Like the XRP price forecast, there are signs that Ethereum will blast higher soon. That’s because it has jumped above the key level at $1,600, the upper side of the falling wedge pattern. This wedge is a common reversal chart pattern.

ETH price has also formed a small bullish flag pattern. Oscillators are also pointing upwards. Therefore, the two Ethereum price forecast levels to watch are the psychological point at $2,000, followed by $2,120. It will need to jump above these levels to confirm a solid breakout.

ETH price chart
ETH price chart

Summary on Bitcoin, Ethereum, and Ripple Price Predictions

Technical analysis suggests that the of BTC, ETH, and XRP prices will experience a bullish breakout in the near term. This view is also supported by their respective fundamentals, including institutional demand and whale buying.

The post What’s Next for BTC, ETH, XRP Price Prediction As US Banks Face $482 billion in Unrealized Losses appeared first on CoinGape.

US SEC Approval of XRP ETFs Spurs $30M Trading Frenzy in Just Minutes

US SEC Approval of XRP ETFs Spurs $30M Trading Frenzy in Just Minutes

A major development shook the cryptocurrency market today after the U.S. Securities and Exchange Commission (SEC) approved the first XRP futures-based exchange-traded fund (ETF). This decision triggered a sharp trading surge, with $30 million worth of XRP ETF shares exchanged within just 30 minutes.

The news has fueled optimism among investors and market watchers, who now anticipate further growth and investment into the XRP market. The launch of ProShares’ XRP futures ETFs is scheduled for April 30, 2025, and has already begun creating strong momentum in trading activity.

XRP Futures ETF Approval and Immediate Market Response

The SEC has granted ProShares approval to introduce the first XRP futures ETF in the United States. According to WhaleFUD, $30 million in XRP ETF shares changed hands within half an hour following the announcement.

ProShares is launching three distinct products: the ProShares XRP Strategy ETF, the ProShares Short XRP Strategy ETF, and the ProShares XRP Blend Strategy ETF. These will provide investors with different strategies to gain exposure to XRP’s price movements without owning the digital asset directly.

Market expert John Squire noted, “The real catalyst will come when a Spot XRP ETF gets approved,” but emphasized that this futures ETF as a crucial development. Meanwhile, the XRP community is watching closely as ProShares prepares to bring these products to market.

XRP Price Movement and Technical Patterns

Following the SEC’s decision, XRP’s price saw an upward movement. Analysts have identified bullish patterns forming on XRP’s price charts. Ali, an analyst stated, “$XRP looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90.”

World of Charts, another market analyst, shared, “$XRP after giving a 4x bullish rally, now consolidating within a tight range and building up for another breakout.” They suggested that the price could potentially move towards the $5 mark in the coming weeks if the breakout occurs.

Image

These technical patterns suggest that many traders are positioning themselves ahead of the ETF’s launch and further regulatory developments. The recent price action reflects growing anticipation for broader XRP adoption among institutional investors.

Spot XRP ETF Applications and Future Developments

While the futures ETF approval marks progress, the SEC has yet to approve a Spot XRP ETF. Several applications are pending, with decision dates ranging from May to October 2025.

According to Crypto Eri, Bitwise’s application is due on May 18, Grayscale’s on May 21, and 21Shares Core’s on May 22. Other prospects filed by WisdomTree, CoinShares, and Franklin Templeton that have applications pending with expected decisions before October 25.

However, one commenter Reckamech opined that the SEC might approve all the applications on the same day which will deny any of the firms a first mover advantage. Crypto Eri also agreed with it, labelling it as “a very good point.”

Building on this, the introduction of exchange-traded products by Teucrium last week bolster the notion of XRP’s acceptance in conventional financial market. Further, CME Group has recently revealed plans to list XRP futures on its US derivatives market. The entry of CME Group into XRP futures trading indicates that more institutions are now interested in XRP products. This is just like what we saw with Bitcoin and Ethereum back years when their introduction of futures paved way for Spot ETF approvals.

The post US SEC Approval of XRP ETFs Spurs $30M Trading Frenzy in Just Minutes appeared first on CoinGape.

Presto Exec Peter Chung Reveals Bitcoin Price Target For 2025

Presto Exec Peter Chung Reveals Bitcoin Price Target For 2025

Presto executive Peter Chung has reaffirmed the bullish stance of his company on Bitcoin price. Chung, in a recent CNBC interview, said that they did not alter their market view.

The price forecast comes as Chung referred to as a “healthy correction” in the crypto market. He suggested that the recent pullback has “paved the way for the further rewriting of Bitcoin as a mainstream asset.” His indication is that the temporary setback could strengthen Bitcoin’s positioning in the financial ecosystem.

Peter Chung maintains his Bitcoin price target

Chung maintained a Bitcoin price target of $210,000 for 2025 despite recent market volatility. “So Bitcoin target price remains $210,000 and driven by institutional adoption and global liquidity expansion,” Chung stated in the interview.

He offered insights into Bitcoin’s market behavior and described it as having “two faces.” These are functioning as both digital gold and a risk-on asset depending on market conditions. Chung clarified that Bitcoin generally acts as a risk-on asset under regular market times. This is because its value is sourced from “user adoption and network effect, very much like an internet company.”

But Chung noted that Bitcoin displays gold-like characteristics under certain crisis situations, especially “when the market has concerns regarding the stability of the US dollar-dominated financial system.” He cited several historical examples where this pattern emerged. This includes the Russian invasion of Ukraine in early 2022, the Silicon Valley Bank collapse in early 2023, and most recently, in the aftermath of the “Liberation Day” tariff announcements.

“It was during a crisis that the Bitcoin behaves like gold because it’s designed after the physical gold in terms of digital scarcity and so forth,” Chung stated. This dual nature helps explain Bitcoin’s recent price action during April’s market volatility, according to Chung. “Bitcoin is just doing what it does, which is sometimes it acts like a risk-on asset most of the time. But during the crisis, it acts like gold. And that’s what we saw in the month of April.”

Chung views the market correction as healthy

While acknowledging that macro events haven’t happened as anticipated, Chung mentioned the recent market pullback as ultimately beneficial for Bitcoin’s long-term prospects. “In hindsight, I think it was actually a healthy correction, which have paved the way for the further rewriting of the Bitcoin as a mainstream asset,” he stated during the interview.

This perspective suggests that Presto’s analysis views temporary price declines as opportunities for market participants to reassess Bitcoin’s fundamental value proposition and role within investment portfolios. Chung mentioned that his team has been focused on deciding whether the recent volatility revealed any structural issues in crypto markets.

The comments from Chung come as MicroStrategy has bagged 15,355 Bitcoin for $1.42 billion. These acquisitions from large firms can help drive the price of Bitcoin higher in the long term.

As per the latest data, the Bitcoin price is trading at $93,000 at press time.

The post Presto Exec Peter Chung Reveals Bitcoin Price Target For 2025 appeared first on CoinGape.

Start Exploring Pigdom With A Surprise From The King Pig-The $KOPS ICO Is Fast Approaching

the-king-of-pigs

The post Start Exploring Pigdom With A Surprise From The King Pig-The $KOPS ICO Is Fast Approaching appeared first on Coinpedia Fintech News

The memecoin market is always chaotic and holds lots of hidden surprises. Yet, many traders gain, and many traders lose. The FUD and FOMO are the best allies for a memecoin trader. All those ebbs and flows are opportunities to capitalize and proliferate the investment portfolio. 

In the year 2025, the market is about to witness a new dawn in the memecoin realm. The King of Pigs ($KOPS) is set to kick-start its rally, and it is fast approaching the market to thrill the crypto community. Let us understand the main motive behind the $KOPS team.

Ever since the launch of the first meme coin, DOGE, this sector has been known for the stunts it creates and the humour it brings. The PNUT, TRUMP, MELANIA, WEPE, and so many have created a quick hype, but failed to retain the momentum. A meme token that lasts till eternity has only been in the imagination. To make this happen, a development team came up with a creative idea to launch the $KOPS. This mere memecoin is not just here for cracking jokes, but to crush the hunger of many pigs around the world.

Key Features of The King of Pigs

The Kingdom of this King Pig is called the Pigdom, and it comes with an array of exciting features to entertain as well as reward the community. Here are a few elements to explore.

NFT Market Place: The Pigdom is the right destination for those who have a hobby of collecting digital collectibles. It offers rare collectibles narrating the story about the legacy of the King Pig through rewards.

Piggy Palace: Apart from spreading humour, this meme coin offers a secure way of investment in the current volatile economy. The Piggy Palace is where traders can stake and earn “Truffles” for rewards. This way, $KOPS helps its community to diversify their portfolio and offer a better ROI.

Charity: The team behind $KOPS has a real motive to build the Pigdom. They have initiated a charity to help the starving pigs around the world and ensure their safety.

Community & Governance: Decentralization is what makes an ecosystem trustable, and that is the vision of Satoshi as well. The Community & Governance set up of the Pigdom would allow $KOPS holders to make key decisions and let them shape it.

Contest & Giveaways: The King of Pigs was developed to offer real utility and to be generous. The team would conduct regular contests to boost the adrenaline of the meme traders, and it also promises rewards.

How to Join the $KOPS Army?

It’s simple to join the army of the King Pigs. All you need to do is to acquire the $KOPS token. The team has announced that the ICO is about to commence with a bang. It is an exclusive opportunity for anyone to enter the pigdom and enjoy the benefits of being an early participant. 

Follow the instructions of King Pig and gain the token – Visit here

To Wrap Up

The memecoin market bubbled, and its total market capitalization reached a peak of $127 billion during December 2024. But this didn’t last long. It began to fall after its peak. As of the data recorded on CoinMarketCap on April 20, 2025, the overall memecoin market capitalization reached $46 billion with a trading volume of $4.4 billion.

Amidst this scenario, the development team has taken a bold initiative to build the Pigdom, with a trust in the meme coin community. The  King of Pigs has stepped into the world to give a boost to the meme coin market and save the pigs around the world. Participating in the initiatives of the pigdom could be your chance to earn 1000x profits and a way to secure your investments.

Website | Twitter | Telegram

The post Start Exploring Pigdom With A Surprise From The King Pig-The $KOPS ICO Is Fast Approaching appeared first on Coinpedia Fintech News
The memecoin market is always chaotic and holds lots of hidden surprises. Yet, many traders gain, and many traders lose. The FUD and FOMO are the best allies for a memecoin trader. All those ebbs and flows are opportunities to capitalize and proliferate the investment portfolio.  In the year 2025, the market is about to …

Pi Network (PI) Faces Market Standoff, Prepares for Breakout

Pi Network’s PI token seems to have entered a consolidation phase, as the price action has leveled off. Since April 16, the token has faced resistance at $0.66 while finding support at $0.60, creating a narrow trading range. 

This signals a period of indecision in the market, with neither PI buyers nor sellers taking full control.

PI’s Price Action in Limbo

Readings from PI’s Aroon indicator confirm the recent stagnation in its price. As of this writing, the token’s Aroon Up Line (yellow) is at 0%, while its Aroon Down Line (blue) is in decline at 14.29%. 

PI Aroon Indicator.
PI Aroon Indicator. Source: TradingView

The Aroon indicator identifies market trends and determines whether a trend is strong or weak.

A 0% reading on the Aroon Up Line suggests that PI has not reached a new high recently, signaling a lack of upward momentum. Meanwhile, the Aroon Down Line’s decline to 14.29% indicates that the token has not been experiencing significant downward pressure either. 

This trend suggests a balanced market, where neither bulls nor bears are taking the lead. The setup confirms that PI is in a consolidation phase, with a breakout in either direction dependent on shifts in market sentiment.

Further, the steady decline in PI’s Average True Range (ATR) since early March confirms the decrease in its market volatility and the shift towards consolidation. At press time, this indicator stands at 0.07.

PI Average True Range.
PI Average True Range. Source: TradingView

The ATR  indicator measures market volatility by calculating the average range between the high and low prices over a set period. When it falls like this, it indicates a decrease in market volatility, suggesting that price movements are becoming less erratic. 

This often signals a period of consolidation or indecision in the market, as traders await a potential breakout or shift in direction. For PI, this is evident as both buyers and sellers hesitate, waiting for a catalyst to drive their next moves.

Will Bullish Momentum Drive PI to $1 or Will Bears Retake Control?

A breakout—whether to the upside or downside—could signal the start of a new trend, making PI a token to watch in the coming days. If bullish pressure soars and demand for the altcoin spikes, its price could witness a rally and attempt to break above the resistance at $0.66.

A successful breach of this level could propel PI’s price to $1.

Pi Price Analyses
Pi Price Analyses. Source: TradingView

Conversely, if the bears regain full control and selloffs resume, PI could break below the support at $0.60 and fall to $0.50.

The post Pi Network (PI) Faces Market Standoff, Prepares for Breakout appeared first on BeInCrypto.

Government Bitcoin Holdings Drop by Over 12% in a Year

According to a new report from CoinGecko, government accounts hold 2.3% of the total Bitcoin supply. Collectively, their holdings amount to 463,741 BTC, a decrease from 529,591 less than a year ago.

Despite these impressive surface numbers, the general trend is in decline. Two of the seven holders completely liquidated their assets, and only El Salvador is actually buying more Bitcoin.

Are Governments Disposing of Bitcoin

Although corporations like MicroStrategy frequently attract substantial press attention for their gigantic Bitcoin holdings, governments also represent two of the 10 largest BTC whales.

CoinGecko found some interesting trends when it broke down all the relevant statistics. For example, only five nations currently maintain active Bitcoin holdings.

governments that own Bitcoin
Government Bitcoin Holdings in Decline. Source: CoinGecko

The US federal government is the largest national Bitcoin holder. Crypto has studied its behavior quite closely, and the industry is making major efforts to influence policy. The key issue is this: the US doesn’t purchase BTC, it seizes it in criminal operations.

Towards the end of Joe Biden’s Presidency, the country started to liquidate its BTC holdings, and this is a major motivating factor in Trump’s Crypto Reserve. The Reserve isn’t intended to purchase Bitcoin, but it organizes the existing stockpile and protects it from future sales.

China is something of an overlooked government Bitcoin holder, which can largely be attributed to two reasons. Obviously, China is somewhat hostile to crypto, and unverified rumors of policy liberalization can impact the market.

The country seized nearly 200,000 bitcoins in 2020 and hasn’t moved since. Thus, this large stockpile can escape mainstream notice.

US government crypto holding
US Government’s Total Crypto Holdings. Source: Arkham

The British government mirrors China’s Bitcoin strategy, keeping its substantial reserves in a holding pattern. Germany enacted a complete liquidation last year, bringing its substantial holdings to zero. It did this to cover a budget deficit, not for any anti-crypto ideological reasons.

Ukraine performed a similar total BTC liquidation to fund its ongoing war effort.

All the aforementioned government whales obtained their Bitcoin solely through criminal seizures, except for Ukraine, which accepted cross-border donations.

On the other hand, only two holders are actively trying to acquire it. Bhutan has attracted international attention for its BTC gains, but this comes from mining, and it has sold nearly half its supply in recent months.

In other words, El Salvador is the only government in the world building its Bitcoin supply. It agreed to stop BTC purchases to qualify for an IMF loan, but acquisitions continue. This generated some hostility within the country, but the IMF is apparently satisfied with its behavior.

el salvador bitcoin holdings
El Salvador’s Bitcoin Holdings in 2025. Source: Bitcoin Treasuries

This is to say that CoinGecko took a closer look at impressive numbers and found revealing conclusions. On paper, governments hold a massive supply of Bitcoin, but this trend is surprisingly fragile.

Only seven governments held BTC last year, and two of them have lost it since. A few political changes could totally change this environment.

The post Government Bitcoin Holdings Drop by Over 12% in a Year appeared first on BeInCrypto.

Investors Buy HOUSE, Not Homes, Sparking 816% Price Surge | Meme Coins To Watch Today

The condition of the crypto market has improved considerably as April comes to an end. Meme coins are expected to start off strong in May as investors seem to be taking these joke tokens a lot more seriously, as seen with Housecoin (HOUSE).

BeInCrypto has analyzed three meme coins for investors to watch and how their interest is cementing in these tokens.

Zerebro (ZEREBRO)

  • Launch Date – November 2024
  • Total Circulating Supply – 999.95 Million ZEREBRO
  • Maximum Supply – 1 Billion ZEREBRO
  • Fully Diluted Valuation (FDV) – $60.01 Million

ZEREBRO has surged by 30% in the last 24 hours, trading at $0.061. The meme coin is showing strong bullish momentum and looks poised to continue its uptrend.

With the 50-day Exponential Moving Average (EMA) providing solid support, ZEREBRO demonstrates strong technical strength. This support level could help propel the altcoin toward the next major resistance at $0.086. If the altcoin continues to hold above the 50-day EMA, it may continue its upward trajectory with sustained investor interest.

ZEREBRO Price Analysis.
ZEREBRO Price Analysis. Source: TradingView

However, profit-taking from investors could trigger a price correction, sending ZEREBRO lower. A drop below the $0.051 support level could lead to further declines toward $0.042. The recent gains could be wiped out if this support is breached, and the bullish outlook would be invalidated.

Pudgy Penguins (PENGU)

  • Launch Date – December 2024
  • Total Circulating Supply – 62.86 Billion PENGU
  • Maximum Supply – 88.88 Billion PENGU
  • Fully Diluted Valuation (FDV) – $943.05 Million

PENGU has surged by 25% since Sunday, trading at $0.0123, showing strong upward momentum. The meme coin is aiming to breach the $0.0147 resistance. For this to happen, continued strong support from investors is necessary. If momentum continues, PENGU could make its way through this key level to further gains.

A breakout above $0.0147 resistance could set PENGU on a path toward $0.0225, indicating the potential for continued upward movement in the coming days.

PENGU Price Analysis.
PENGU Price Analysis. Source: TradingView

A failure to break the $0.0147 resistance would likely trigger a decline in PENGU’s price. If the altcoin falls below $0.0100, it could continue to slide toward the $0.0071 support level. Such a drop would invalidate the current bullish outlook and could lead to a prolonged downturn.

Small Cap Corner – Housecoin (HOUSE)

  • Launch Date – April 2025
  • Total Circulating Supply – 998.83 Million HOUSE
  • Maximum Supply – 998.83 Million HOUSE
  • Fully Diluted Valuation (FDV) – $66.90 Million

HOUSE has emerged as a surprising contender in the meme coin market, drawing attention with its humorous concept of investing in crypto rather than purchasing real estate. This fresh approach has resonated with investors, and many are actively supporting the token as it gains traction within the crypto community.

Over the past week, HOUSE has skyrocketed by 816%, currently trading at $0.0664. The altcoin is aiming to flip the $0.0666 level into support, a crucial step before targeting the $0.1000 resistance. If successful, this would set the stage for continued growth, potentially drawing more investors into the token.

HOUSE Price Analysis.
HOUSE Price Analysis. Source: TradingView

However, if the novelty of the idea fades or investors decide to lock in profits, HOUSE could see a sharp decline. A fall below $0.0666 could lead to a drop to $0.0170, invalidating the current bullish outlook. Such a correction would likely signal the end of the altcoin’s recent uptrend.

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Why Tether (USDT) Moves $1 Billion in Just 24 Hours?

Why Tether (USDT) Moves $1 Billion in Just 24 Hours?

Stablecoin giant Tether has once again sent shockwaves across the crypto market by minting a staggering 1 billion USDT on the Tron network. This mover by the entity primarily aims to boost up liquidity and provide funds for future developments on one of the most renowned blockchains across the globe.

Tether Moves 1B USDT To Tron Network

Lookonchain’s X post on April 28 revealed that Tether minted 1 billion USDT on Tron. With this massive mint in play, the stablecoin giant marks the completion of 12 billion coins minted since January 29 to date on the same network.

As of now, the leading stablecoin’s total supply on the network has reached $71.7 billion worth of tokens. Justin Sun’s blockchain has emerged as a hotspot for USDT transactions, mainly as it offers lower transaction fees and quicker transaction times as compared to its rivals.

As a result, stablecoin giant Tether continues cementing its foothold network-wide, bringing a fresh inflow of funds. Intriguingly, historical data shows that the stablecoin giant’s minting activities have primarily followed Bitcoin price rallies.

BTC price has rallied nearly 10% in the last seven days, exchanging hands at $95K. Other major altcoins like ETH, XRP, & SOL have also gained 8%-10% in the interim. In turn, the massive minting has gained significant traction across the industry.

However, it’s also worth pointing out that some market watchers speculate the USDT minting activity to be a false alarm. Nevertheless, usual broader market sentiments remain bullish amid such massive inflows on a network.

Yet, the blockchain’s native coin, TRX price saw a slight 1% dip and exchanged hands at $0.2456. The weekly chart for crypto showcased a slight 1.5% increase, remaining undermined the broader market’s recent gains.

Even the coin’s trading volume saw a 15% decline intraday and is resting at $519.69 million. The contrary price metrics have sparked mixed sentiments despite Tether’s growing stablecoin activity on the network.

TRX’s futures OI also slipped over 3% today, reaching $231.75 million. Besides, the derivatives market volume also plunged 14% to $235.5 million, igniting market concerns despite a broader bullish landscape.

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