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The Trump International Hotel and Tower in Dubai will accept Bitcoin and other unspecified cryptoassets for real estate purchases. The project won’t be completed for five years, so details are somewhat sparse.

Although the Tower will include a hotel and clubhouse for tourists and temporary guests, crypto payments are only available for condo acquisitions. Permanent occupancy units will sell for between $1 million and $20 million each.

Trump’s Dubai Project Mixes Crypto and Real Estate

According to a report from The National, Eric Trump is apparently his family’s main representative in this plan. The Trump Organization is building the Trump International Hotel and Tower in Dubai, and Eric is its executive vice president.

He gave several comments describing the plan to accept crypto payments:

“[The Tower] is going to be the first truly large-scale project that accepts Bitcoin, that accepts cryptocurrency to purchase units, and that’s really exciting for me, because I love that world and I am deeply invested in that world. I believe in cryptocurrency. When I can see two worlds that I truly love come together, it’s very exciting,” Eric Trump claimed.

Trump name-dropped Bitcoin as an asset that enables these purchases, but he didn’t describe any other specific tokens. To be clear, the Tower will contain both a hotel and condominiums for permanent occupancy; only the latter can pay with crypto.

There is no apparent plan to employ tokenized real estate strategies either. Crypto will purely be used as a payment option.

The Trump family is partnering with Dar Global, a London-listed company, to launch this $1 billion Dubai development project. Its two penthouses will have a $20 million asking price, while other condos will go for between $1 and $1.2 million.

If everything goes according to plan, the Tower will open its doors in five years.

A new address is arriving soon: Trump International Hotel & Tower Dubai.

Learn more: https://t.co/dVStbeekAG #DarGlobal #Trump #Dubai @Trump pic.twitter.com/z3YhLrSAPE

— DarGlobal (@dar_global) April 8, 2025

Eric Trump is an influential member of his family’s crypto enterprises thanks to his involvement with WLFI. He also sits on Metaplanet’s Advisory Board, further lending credence to his interest in crypto.

Eric Trump is also set to appear at Token2049 in Dubai, which could give him another opportunity to advertise the project to potential buyers.

Dubai is an attractive destination for the Trump International Hotel and Tower because it has a booming real estate market and a growing crypto hub.

We are honored to announce that Serenity, along with our valued partner MTA, attended the exclusive Trump event in Dubai.

The iconic Trump Tower model, radiant and visionary, stood as a symbol of excellence during the 2025 Gala.

Here’s to creating extraordinary futures… pic.twitter.com/HHuRX7FuU2

— SerenitySTech (@SerenityStech) April 29, 2025

Since construction is still in its early stages, details about the project are relatively sparse, but it enjoys several solid fundamentals. Its success could be a valuable proof of concept for real estate developments worldwide.

The post Trump’s $1 Billion Dubai Real Estate Project Will Accept Crypto Payments  appeared first on BeInCrypto.

XRP is up 7% over the last week of April, but May 2025 could bring even bigger moves as major catalysts line up. Key metrics like NUPL and active addresses show a market at a crossroads, with strong optimism and warning signs.

Hype around ETF approvals has stirred volatility, and real institutional inflows could decide XRP’s next major trend. Traders should prepare for a month where both sharp rallies and deep corrections remain firmly on the table.

XRP NUPL Signals Rising Confidence, but ETF Rumors Stir Volatility

XRP Long-Term Holders Net Unrealized Profit/Loss (NUPL) is currently at 0.73. This places it firmly in the “Belief – Denial” stage of the market cycle. The indicator measures the average unrealized profit among long-term holders.

It has been stuck in this zone since March 27, over a month ago. In general, NUPL values above 0.75 indicate “Euphoria—greed.”

Readings between 0.5 and 0.75 show belief that prices can rise, but there is also the risk of denial if momentum weakens.

The current value has risen from 0.68 three weeks ago to 0.73 today. Long-term XRP holders are seeing larger paper gains. Still, the market could soon face a critical moment where either continuation or a correction emerges.

Rumors about an SEC-approved spot XRP ETF have recently caused confusion, adding more fuel to market volatility. In reality, only ProShares’ leveraged and short XRP Futures ETFs were approved to begin trading on April 30. A true spot ETF has not been approved.

Although the futures approval is seen as a positive step for XRP’s long-term legitimacy, spreading false information has damaged investor confidence. It has also created unnecessary instability.

Despite that, analysts have suggested XRP market cap could surpass Ethereum’s. Rumours around a XRP and SWIFT partnership have also risen in the last month.

Some experts predict that a future spot ETF could eventually drive up to $100 billion in capital inflows into XRP. However, until that happens, volatility driven by rumors and miscommunication remains a major risk for the token.

XRP User Engagement Slows as Active Addresses Stay Below 200,000

XRP’s 7-day active addresses have dropped significantly, currently at 147,000, compared to their all-time high of 1.22 million, which reached March 19.

This steep decline reflects a broader cooldown in network activity after the massive surge seen earlier this year.

Monitoring active addresses is crucial because it offers real-time insight into user engagement, transaction volume, and overall ecosystem health—lower address activity often signals waning interest, reduced transaction flow, and a softer foundation for sustained price growth.

Since April 1, XRP’s 7-day active address count has consistently stayed below 200,000, reinforcing that user activity has yet to recover fully.

While the drop does not necessarily mean a major price collapse is imminent, it highlights a critical point: strong rallies are often backed by growing network participation.

Without a meaningful pickup in active addresses, XRP could struggle to maintain momentum or ignite a new bullish phase soon.

XRP ETF Approval Could Trigger 49% Rally, But Downside Risks Remain

The final approval of a Spot XRP ETF could become a major catalyst for the token’s price. It would potentially unlock significant institutional inflows. Recently, the world’s first XRP ETF began trading in Brazil.

Experts predict that, if real demand follows the approval like it did with Bitcoin, XRP price could rally sharply. The next major upside target is $3.40, representing a 49% increase from current levels.

This move would be driven by fresh inflows, greater mainstream acceptance, and a tightening supply as more investors gain direct exposure through regulated channels.

On the downside, if momentum fails to recover and a strong downtrend takes hold, it could face a sharp correction. A break below the psychological $2.00 level would expose the token to deeper losses, with the next major support around $1.61.

Such a move would imply a 29% drop from current prices, reflecting a scenario where optimism around ETFs fades and selling pressure takes over.

In this case, XRP could remain stuck in a broader consolidation or bearish phase until stronger catalysts appear.

The post What to Expect from XRP in May 2025 appeared first on BeInCrypto.

Crypto lender Nexo, which manages $11 billion in assets, announces return to the US after regulatory exit in late 2022

Nexo’s return to the American market has become possible thanks to the changes in crypto industry regulations under the Donald Trump administration.

Nexo Is Coming Back to the US – Why It Matters

Nexo co-founder Antoni Trenchev announced the return during an exclusive business event attended by Donald Trump Jr., a vocal supporter of the crypto industry. The gathering underscored the growing political support for digital assets in the US.

“America is back — and so is Nexo. Thanks to the vision and leadership of President Donald J. Trump, his administration, and his family, the United States is once again a place where innovation is championed, not stifled. A place where pioneers are celebrated. Nexo is returning to America — stronger, smarter, and determined to win,” Trenchev said.

Donald Trump Jr. reinforced this sentiment, stating:

“Crypto is the future of finance. We must bring this innovation back to American soil to maintain our economic leadership.”

US users will regain access to all Nexo services, including:

• High-yield crypto savings accounts
• Asset-backed credit lines
• Advanced trading
• Institutional-grade liquidity solutions

Over the past week, the network’s native token, NEXO, surged by more than 12%, and the positive sentiment continued today following the news. Its market cap stands at $1.2 billion.

Nexo is a popular crypto lending platform that has been operational since 2018. It has processed over $320 billion in transactions.

It exited the US in 2022 due to regulatory pressure. The SEC and several states (New York, Kentucky, and Vermont) accused Nexo of offering unregistered securities through its Earn Interest products. The crypto lender later agreed to pay a $45 million fine and discontinued services for US customers.

Now, with a more favorable regulatory climate, Nexo’s return marks a pivotal shift. The platform now aims to reinforce its mission of empowering users to grow and preserve crypto wealth with secure, tailored solutions.

Under Trump’s leadership, US regulators appear more open to crypto innovation, potentially paving the way for other exiled platforms to return. Recently, crypto market maker DWF Labs also announced its entry into the US market.

In January, TON Foundation said it is preparing for a major expansion in the United States thanks to the changing crypto regulatory environment.

The post Crypto Lender Nexo Returns to the US Market Amid Regulatory Shifts appeared first on BeInCrypto.

The SEC delayed a final decision on the XRP Spot ETF until June 17, disappointing the market’s more bullish hopes. It also postponed a ruling on the DOGE and Ethereum staking ETFs and could delay again until mid-October.

Although this deferral seems bearish on the surface, it didn’t cause a huge market splash. The Commission has been moving slowly on precedent-setting decisions like a settlement with Ripple, but it may decide on an XRP ETF before October.

No Decision Yet on US XRP ETFs

Right now, the crypto industry is so amped to welcome an XRP ETF that false rumors are driving market confusion. The world’s first such asset began trading in Brazil last week, further fueling optimism.

However, the SEC officially delayed Franklin Templeton’s XRP ETF proposal, putting a downer on these sentiments.

The Commission didn’t stop there; it also delayed Bitwise’s Dogecoin ETF proposal as well as one for an Ethereum staking ETF.

Despite this bearish signal from the SEC, analyst James Seyffart concluded that these delays were anticipated. He went one step further, claiming that the Commission will probably also delay Solana and HBAR ETFs:

“These dates are all intermediate and we will likely see final decisions on a lot of the crypto ETPs in Q4. For the XRP spot ETF, [I’m] eyeing mid-October, around the 18th, as a final decision deadline. It’s possible the SEC won’t take all that time to make its decision, but a lot will hinge on how actively they engage on the applications,” Seyffart explained.

Although the SEC is under more crypto-friendly leadership, that doesn’t mean a bonanza of ETF approvals will start immediately.

More than 70 active ETF proposals are awaiting their verdict, and it will need to proceed carefully to sort them all out. This June deadline is not final, and the Commission could enact further delays until mid-October.

Following today’s delay, Polymarket odds of Q2 XRP ETF approvals also saw a sharp decline.

However, the crypto community already knew that October would be the latest possible deadline. For a few reasons, the SEC has to be cautious about establishing a new precedent with these crypto ETFs.

For one thing, if it greenlights these products too hastily, the market might experience unpredictable outcomes.

Additionally, the Commission is receiving criticism that it’s losing its neutrality with these crypto reforms. Although the SEC is committed to its new stance, a spree of ETF approvals might invite further pushback.

The Commission ostensibly wrapped up the Ripple case, yet loose ends will linger for the foreseeable future.

In other words, this delaying action is not as bearish as it first appears. Since the Commission has been refraining from hasty action in different areas, the market can easily stomach another new deadline.

October is presently the worst-case scenario. Depending on a lot of small factors, the SEC could approve an XRP ETF much sooner than that.

The post SEC Delays Spot XRP ETF Decision Until June 17 appeared first on BeInCrypto.

Solana (SOL) is at a critical point after recently breaking above $150 and surpassing a major milestone of 400 billion total transactions.

On-chain activity remains strong, but momentum indicators like RSI and narrowing EMA gaps suggest bullish strength has started to cool. SOL is now trading near an important support level at $145.59, with both downside risks and upside opportunities in play.

Solana Network Surpasses 400 Billion Transactions

Solana just shattered a major milestone, surpassing 400 billion total transactions. The achievement comes during renewed momentum for SOL, with the price recently pushing above $150 for the first time since early March before facing a modest pullback.

On-chain activity remains strong, with decentralized exchange (DEX) volume surging to $21 billion over the last seven days—a 44% increase that keeps Solana firmly at the top of the leaderboard.

Since hitting rock bottom at $9.98 on January 1, 2023, SOL has delivered a staggering 1412% rally, standing out as one of the cycle’s top performers.

Solana has also seen an ecosystem explosion in the last year. Pump alone has generated over $75 million in fees over the past month, while heavyweight protocols like Raydium, Meteora, Jupiter, and Jito continue to generate millions in monthly revenue.

Momentum Cools for SOL as RSI Falls Sharply From Recent Highs

Solana’s Relative Strength Index (RSI) has cooled sharply, dropping to 50.61 after hitting 70.52 four days ago.

The fast decline mirrors the slowdown in SOL’s price momentum after its rally above $150, suggesting that bullish strength is losing steam.

The RSI, a widely used momentum indicator, measures how quickly and strongly prices move over a given period. Readings above 70 signal overbought conditions, and below 30 indicate oversold territory. A level around 50 typically reflects a neutral stance, where buying and selling forces are more balanced.

The market is at a key crossroads with Solana’s RSI now hovering near 50.

If bullish pressure picks up again, the RSI could rise back toward overbought levels, paving the way for another leg higher. On the other hand, a continued drift lower could confirm weakening momentum, opening the door for a broader price correction.

SOL’s momentum has clearly cooled for now, and traders are watching closely for the next decisive move.

SOL’s Bullish Setup Faces Test: Support or Breakout Ahead?

Solana’s EMA lines still signal a bullish setup, with short-term averages above long-term ones. However, the gap between them has narrowed compared to a few days ago, reflecting a loss of momentum.

Solana price is currently hovering near a key support level at $145.59—an area traders are watching closely.

If this support breaks, the price could slip toward $133.82, and if selling pressure intensifies, a deeper move to $123.46 could be in play.

Conversely, if buyers regain the momentum seen earlier this month, Solana could bounce and retest resistance around $157.

A clear breakout above that zone would likely trigger a push toward $180, reviving the bullish trend.

The post Solana Surpasses 400 Billion Transactions as SOL Tests Key Support appeared first on BeInCrypto.