Bitcoin’s price recorded the highest weekly close in history, above $107,000, clearing the path towards a new ATH. Meanwhile, the bears have intensified their action, which has dragged the levels below the previous day’s open range, raising huge concerns over the upcoming price action. On the other hand, BTC’s liquidity range has entered a crucial phase wherein a strong conflict between the bulls and the bears could be seen as a means of gaining supremacy in the coming days.
Ever since the BTC price triggered a rebound from the local lows, the whales and the bulls seem to have become more optimistic. As a result, more long traders were being placed with massive leverage. This made the retail traders bullish on Bitcoin, offering a strong boost to the BTC price rally, which almost marked the highs. Frightfully, these whales have begun to extract profit, which seems to be a major reason behind the current downfall.
As suggested by the above data, a Hyperliquid whale who had placed a 40x long trade on Bitcoin has begun to take profits after earning $10 million in 24 hours. Interestingly, the whale still holds a massive $337 million long position on BTC, which shows a serious conviction. Now the question arises whether the Bitcoin bull run has more room or it’s time for the exit door.
The daily chart of Bitcoin continues to remain under bullish influence, despite the bearish interference. The price just faced a rejection before entering the final resistance zone below the ATH, which suggests a final correction before marking a new high. The On-Balance Volume has been plunging, which indicates a drop in the buying activity with an increase in the sell-offs. However, the MA levels keep up some hope as the BTC price could be heading towards a Golden Cross.
The 50/200-day MA is heading for a bullish crossover, which usually triggers a massive upswing. Hence, the upcoming monthly close could have a major impact on the upcoming rally, as a successful completion of a Golden Cross could propel the BTC price above $110,000. In case of a failure, the star crypto may begin with a strong pullback, extending the correction phase.
Arizona has moved closer to establishing the first Bitcoin reserve at the state level in the United States. Lawmakers passed two key bills allowing up to 10% of public funds to be invested in Bitcoin and other digital assets. The bills now await the signature of Governor Katie Hobbs to become law.
On April 28, the Arizona House of Representatives voted on Senate Bill 1025 (SB1025) and Senate Bill 1373 (SB1373). SB1025, which amends state statutes to permit a strategic Bitcoin reserve, passed with 31 votes in favor and 25 against. SB1373, which proposes a broader digital asset reserve, passed with 37 votes in favor and 19 opposed.
State Representative Jeff Weninger explained that the bill provides authority to invest up to 10% of public funds in Bitcoin and potentially other cryptocurrencies. “I think this probably would start as a ‘may’ for the foreseeable future,” Weninger said during discussions.
Arizona’s bills place it ahead of several other U.S. states considering similar legislation. If signed into law, Arizona could become the first state to formally hold Bitcoin as a strategic asset despite criticism from economists like Peter Schiff.
Governor’s Decision Will Determine Final Outcome
Democrat Governor Katie Hobbs has earlier on declared her position as being against any bill signing until a solution on disability funding was reached by the two chambers. Nevertheless, with the recent development on the funding legislation, she has been under pressure to pass the Bitcoin reserve bills.
According to Dennis Porter, the CEO of the Satoshi Action Fund, the American voters should convince their leaders to hold strategic Bitcoin reserves. Porter underlined the need to continue the process as the legislations have passed through different legislative processes.
ARIZONA JUST BECAME THE FIRST STATE IN THE NATION TO PASS STRATEGIC BITCOIN RESERVE LEGISLATION IN THE HOUSE AND SENATE.
A decision from Governor Hobbs will be necessary for the legalization of Bitcoin in managing and investing the state’s funds in Arizona. Some pundits explain that investing in Bitcoin offers protection from inflation and other macroeconomic factors.
Elsewhere, the Chairman of the Swiss National Bank, Martin Schlegel said that Switzerland will not invest in Bitcoin as a reserve currency. Schlegel provided a number of arguments against the use of Bitcoin for long-term reserves, including crisis-related liquidity issues and high volatility.
Global Trends on Government Bitcoin Holdings
Arizona’s legislative push comes at a time when global government Bitcoin holdings are declining. According to a CoinGecko report published in April 2025, governments’ collective Bitcoin reserves dropped from 529,591 BTC in July 2024 to 463,741 BTC.
The U.S. remains the largest government holder with 198,012 BTC, despite recent asset liquidations. China follows with 194,000 BTC, primarily from the 2019 PlusToken Ponzi scheme seizures. The United Kingdom holds around 61,000 BTC, mostly acquired through criminal seizures, while Bhutan has mined its way to 8,594 BTC.
El Salvador continues its Bitcoin accumulation policy under President Nayib Bukele. The country now holds 6,135 BTC, with Bukele announcing daily purchases of Bitcoin for the national reserve.
Meanwhile, at the corporate level, MicroStrategy announced a new acquisition of 15,355 BTC for $1.42 billion. The company’s total Bitcoin holdings now stand at 553,555 BTC, valued at approximately $52.76 billion.
Gate.io, a world-leading cryptocurrency exchange, successfully concluded its 12th Anniversary Global Celebration in Dubai. The two-day series of events gathered investors, blockchain entrepreneurs, and industry leaders from around the world, injecting fresh energy and ideas into the Web3 space. The celebration was made possible with strong support from key partner Huawei, underscoring a pivotal moment in Gate.io’s brand evolution.
Charting the Path to “The Next-Generation Crypto Exchange”
At the main event, Gate.io Founder and CEO Dr. Han delivered a keynote speech, reflecting on the platform’s twelve-year growth journey and key achievements. He also presented the strategic vision for Gate.io, outlining a comprehensive upgrade in both technological capabilities and ecosystem roles for the future of the exchange.
Dr. Han noted that the past twelve years have been marked by a technology-driven, user-first, and long-term vision approach. Standing at a new starting point, Gate.io will continue to strengthen Web3 infrastructure and drive the broader global adoption of crypto. He emphasized, “We are advancing toward the ‘next-generation crypto exchange’. It is a transformation that not only signifies a leap in technology but also a comprehensive evolution in capability.”
Dr. Han further stated that a truly long-term leading exchange must possess five core capabilities: serving billions of users, supporting millions of tokens, executing trillions in trading, providing custody for trillions in funds, and adhering to compliance and regulations. “This is not just a vision of Gate.io. It is the path we are actively building.”
A Convergence of Ideas: Resonating with Web3’s Future Value
More than a celebration, the event served as a high-level forum for dialogue and reflection. During the Fireside Chat, Gate.io CBO Kevin Lee talked to IBC Group Founder and CEO Mario Nawfal for an in-depth discussion on the topic “Crypto Influence in 2025: Still a Net Positive?” In addition, Kevin joined Gate.io CGEO Laura to moderate two dedicated panel discussions, centered on “The drives of the Next Bull Run” and “The Real Value of Web3 Projects”, sparking widespread engagement and lively debate among attendees.
Cross-Industry Synergy: Creating New Web3 Social Experiences
Serving as a prelude, the SPORT3 DUBAI 2025 sports carnival took place on April 29. Featuring a range of athletic competitions including football, badminton, and padel, the event built a vibrant bridge between technology and sports, platforms and users, as well as industry partners. The atmosphere on-site was electric. Gate.io CBO Kevin Lee personally joined the football and padel matches, exemplifying team spirit and competitive drive, while Founder and CEO Dr. Han attended the event, bringing the carnival to an exciting climax.
The success of Gate.io 12th Anniversary Global Celebration reinforced the platform’s pioneering influence in the crypto space and delivered a bold message about the spirit and vision of Web3 connectivity, showcasing its strategic transformation toward becoming the “next-generation crypto exchange”. As Gate.io embarks on its next twelve-year journey, it will continue working hand in hand with global users and partners to usher in a more advanced, collaborative era in the digital asset industry.
Disclaimer:
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the applicable user agreement.
As the crypto market gears up for a significant shift, three small-cap cryptocurrencies are making waves for their potential to deliver extraordinary returns. These obscure tokens may skyrocket before the big rally predicted for summer 2025. Those in search of high-growth opportunities might want to explore these promising contenders.
XYZVerse Sets a New Trend, Could This be the Next 50X Meme Coin?
The buzz around XYZVerse is real. it is going to break records in the meme coin space, targeting 50X growth upon launch.
The current presale gives early investors the chance to grab $XYZ tokens at a significantly discounted price, far below the expected listing price.
Bullish Mood on $XYZ
XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating $XYZ to grow.
XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster, who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.”
More Than Just a Meme Coin
Unlike most meme coins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value.
Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.003333 by Stage 12, with over 70% of the $15 million milestone already raised. Investors who got in early have secured a steep discount, and with a final presale target price of $0.1, those numbers have people paying attention.
Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for $XYZ over time.
A Community-Driven Project With Big Plans
One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start—there are already talks with major sports celebrities to help boost visibility.
The recent partnership with decentralized sportsbook bookmaker.XYZ underscores XYZVerse’s commitment to expanding its utility. It’s a big move that gives the community something to actually use.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>First Exclusive Bonuses from Our Partners<br><br>You showed huge interest — now it’s time to cash in <a href=”https://twitter.com/bookmakerxyz?ref_src=twsrc%5Etfw”>@bookmakerxyz</a> is kicking things off with an exclusive First Bet Insurance for <a href=”https://twitter.com/search?q=%24XYZ&src=ctag&ref_src=twsrc%5Etfw”>$XYZ</a> holders.<br><br> How it works:<br>1⃣ Visit: <a href=”https://t.co/iIVMCfXh8H”>https://t.co/iIVMCfXh8H</a><br>2⃣ Connect your EVM wallet that you… <a href=”https://t.co/ydY353SLTE”>pic.twitter.com/ydY353SLTE</a></p>— XYZVerse (@xyz_verse) <a href=”https://twitter.com/xyz_verse/status/1907433069201518625?ref_src=twsrc%5Etfw”>April 2, 2025</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
As part of the deal, $XYZ holders get a special bonus on their first bet—a nice perk that adds extra value just for being part of the ecosystem.
By bringing together traditional sports fans and the fast-moving crypto space, XYZVerse is building something different—something with entertainment value and real engagement.
Could XYZVerse Be the Next Big Meme Coin?
With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever—so if you’re interested, now might be the time to take a closer look.
Exploring Terra Classic (LUNC): The Rebranded Stablecoin Blockchain
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payment systems. It combines the price stability and wide adoption of fiat currencies with the censorship resistance of Bitcoin, offering fast and affordable settlements. Development on Terra began in January 2018, and its mainnet launched in April 2019. As of September 2021, Terra offered stablecoins pegged to currencies like the U.S. dollar, South Korean won, and Mongolian tugrik, with plans to introduce more options.
In May 2022, the original Terra chain was rebranded as Terra Classic, and its native token LUNA was renamed LUNA Classic (LUNC). The new chain operates under the name Terra (LUNA) without stablecoins. The term “classic” may reference the Ethereum and Ethereum Classic split of 2017. Terra Classic continues to use stablecoins, now called Terra Classic stablecoins like USTC. The potential of LUNC lies in its approach to combining fiat stability with blockchain technology. Whether the coin looks attractive in the current market cycle depends on various factors, including market conditions and investor sentiment.
TRON (TRX): A Blockchain Platform Empowering Digital Content Creators
TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Initially, TRX tokens were ERC-20 tokens on the Ethereum network, but they migrated to their own blockchain in 2018. The platform aims to build a decentralized Internet and provides tools for developers to create decentralized applications (dApps). TRON supports smart contracts and uses a transaction model similar to Bitcoin’s UTXO, with transactions recorded on a public ledger.
The main goal of TRON is to give full ownership rights to digital content creators by enabling direct interaction between consumers and producers of content. By eliminating intermediaries like YouTube or Apple, creators can receive more rewards for their work. Users can create dApps on the TRON network, offer content, and receive digital assets as compensation. The ability to share content openly without concern for transaction fees is a significant advantage. In the current market cycle, TRON’s focus on decentralization and support for dApps positions it as an alternative to platforms like Ethereum, potentially attracting developers and users interested in decentralized content distribution.
Conclusion
LUNC and TRX offer promise, but XYZVerse (XYZ) shines brighter with its sports-meme fusion, targeting 20,000% growth and leading a community-driven movement in this 2025 bull market.
You can find more information about XYZVerse (XYZ) here:
The post Act Fast: These 3 Microcap Cryptos Could See 50x Gains Before the Summer 2025 Rally! appeared first on Coinpedia Fintech News
As the crypto market gears up for a significant shift, three small-cap cryptocurrencies are making waves for their potential to deliver extraordinary returns. These obscure tokens may skyrocket before the big rally predicted for summer 2025. Those in search of high-growth opportunities might want to explore these promising contenders. XYZVerse Sets a New Trend, Could …
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