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Solana-Based DEX Jupiter Launches Pro Platform as Trading Volume Surpasses Ethereum

Solana DEX Jupiter Launches Jupiter Pro -

Solana DEX Jupiter: Solana’s decentralized exchange (DEX) volume today surpassed that of Ethereum with 14% weekly gain. In the past 24 hours, Solana’s DEX volume has reached $2.509 blion, with Ethereum still standing at $1.895 billion.

Among the DEXs leading this growth are Orca, PumpFun, Raydium, Meteora, with Orca leading the pack with a 15% increase in trading volume.

This news came in as Jupiter, another dominant 2021-built Solana DEX, launched an advanced version of its platform, Jupiter Pro.

In a bid to maintain its pivotal role, it has introduced new featured and better trading experience.

What’s New in Solana DEX Jupiter’s New Platform?

While platforms like Orca, Raydium, and Meteora continue to operate as independent DEXs, their individual trading volumes are significantly lower than Jupiter’s aggregated volume.

Solana DEX Jupiter’s role as an aggregator enables it to offer superior liquidity and better pricing. This attracts a larger user base and higher trading activity.

Now in its pro version, it has slashed down the gas fees by 10x. The reduced gas fees by 10x will also prove to attractive for users.

It can also be a major advantage for traders looking to make frequent trades with lower costs compared to Ethereum-based tokens. This will ultimately end up in making Solana-based tokens potentially more profitable to trade in 2025.

Other notable new tools and features in Jupiter Pro include:

  • It includes new token page/terminal for better token analysis of Solana coins.
  • Users can choose between SOL or USDC as their default currency. It provides new momentum metrics like Net Buy Volume and Net Buyers.
  • Further, it has also provided community metrics so that investors can make decisions based on the ongoing narratives/sentiments in their community.
Solana DEX Jupiter
Redesigned Token Terminal | Source: Jupiter Pro DEX

MEV Protection for Investors

Solana DEX Jupiter has also introduced the new option of Quick Buy which will allow investors to trade instantly with a default amount. Jupiter Pro’s ultra mode which it has enabled in Quick Buys and in the token terminal, will also provide the MEV protection to users.

The MEV protection ensures that professional traders can execute trades without the risk of malicious actors exploiting transaction reordering for profit, thus, creating fairer trading conditions.

Notably, in January 2025, Jupiter DEX experienced a substantial surge in trading activity, with its monthly trading volume reaching $184 billion. This growth was influenced by factors such as the launch of new tokens like the Trump memecoin, which attracted a large number of traders to the platform.

This dominance is also attributed to Jupiter’s efficient liquidity aggregation from over 29 protocols, including Orca, Raydium, Phoenix, Lifinity, and Meteora. This together contributes to nearly 90% of Jupiter’s trading volume.

This news also come in as MANTRA (OM) Token price looks to rebound after 90% crash.

Growing DeFi on Solana

Solana DEX Jupiter is launching its pro version at a time when Solana’s DEX and Defi ecosystem continues to grow.

This growth of decentralized finance (DeFi) on Solana in 2025 will likely drive more demand for Solana-based tokens like SOL, USDC, and SRM. And as the Solana community deliberates and implements a new network upgrade, this might also bode well for SOL price in Q2 2025.

Further, as decentralized exchanges (DEXs) and lending platforms on Solana grow, tokens like RAY (Raydium) and MNGO (Mango Markets) can see higher trading volumes.

Solana DEXs
Solana DEXs

Nonetheless, whether you’re a casual trader or a professional investor, Jupiter Pro promises to be an exciting development in the world of DeFi. Now it remains to be seen how investors and traders adopt to this new interface of Solana DEX Jupiter.

 

The post Solana-Based DEX Jupiter Launches Pro Platform as Trading Volume Surpasses Ethereum appeared first on CoinGape.

BTC Price Today: Bitcoin Nears $86K Amid Waning Trump’s Tariff Woes

BTC Price Today: Bitcoin Nears $86K Amid Waning Trump's Tariff Woes

BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto. Notably, the crypto market has recorded volatile trading lately, especially as President Donald Trump’s Tariff policy has dampened market sentiment, triggering a massive selloff in the broader financial market. However, with recent indications of further tariff relief, the investors seem to be entering the digital assets space again today.

BTC Price Today Soars Amid Trump’s Tariff Relief

Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets. Investors, previously spooked by tariff escalations, appear to be shifting focus back to crypto.

Bitcoin traded at $85,896k, after touching a high of $85,926 in the last 24 hours. However, its one-day volume fell nearly 6% to $28.58 billion while CoinGlass data showed that BTC Futures Open Interest rose around 1%, reflecting renewed market confidence.

Meanwhile, this rebound in the financial market comes as Trump suggested possible exemptions from the steep 25% tariffs on imported vehicles. This potential relief for key partners like Mexico and Canada has calmed nerves in a market rattled by protectionist policies.

According to reports, Trump’s administration has also walked back some earlier tariffs. Notably, gadgets like smartphones, laptops, and other tech products from China are now off the hook.

However, despite the softer rhetoric, uncertainty looms. Reports suggest the administration may target new areas, such as pharmaceuticals and semiconductors. These sectors are critical to global trade and could face steep duties. Tensions with China remain high, with certain goods still facing tariffs up to 145%, while China maintains retaliatory measures of 125%.

Crypto Market In Focus

Amid the looming market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin. Besides, the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.

Besides, the recent meeting between Donald Trump and BTC president Nayib Bukele has further bolstered market sentiment. On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.

This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.

With BTC currently trading near $86K, the administration’s plan could redefine digital assets’ role in the US economy. Besides, it could also help continue its run towards the run ahead.

BTC price today
Source: Michael van de Poppe, X

Meanwhile, as BTC price today recorded a robust surge, analyst Michael van de Poppe has shared key insights on the potential future trajectory of the coin. In a recent X post, Poppe said that if BTC breaks through $87K, it could potentially target $92K to $94K in the coming days.

The post BTC Price Today: Bitcoin Nears $86K Amid Waning Trump’s Tariff Woes appeared first on CoinGape.

Top 3 Altcoins to Sell as Donald Trump Promises Future Tariffs on Smartphones & Electronics

Top 3 Altcoins to Sell as Donald Trump Promises Future Tariffs on Smartphones & Electronics

The looming uncertainty around Donald Trump’s trade war has created chaos in the crypto market, resulting in investors opting to sell their altcoins. However, the crypto market has witnessed significant recovery since Trump put a pause on smartphone and electronics tariffs. However, his recent announcement of “no country is getting off the hook” is re-introducing concerns among investors.

Trump to Re-introduces Tariff on Smartphones & Electronics, Time to sell Altcoins?

With the ongoing US-China trade war, Bitcoin and altcoins faced a significant downtrend as investors opted to sell them. Even before these assets could regain support, Donald Trump’s Truth post brought uncertainty.

Recently, he emphasized that the exemption of smartphones & electronics from tariffs is short-lived.

There was no Tariff exception; they are just moving to a different Tariff ‘bucket.

Commerce Secretary Howard Lutnick revealed that electronics are only exempted from the reciprocal tariff but are included in the semiconductor tariff. He further claimed that the semiconductor tariff would be coming soon, probably in a month or two.

Additionally, Trump has announced a national security tariff investigation in the semiconductor and electronics supply chain.

We will not be held hostage by other Countries, especially hostile trading Nations like China.

Donald Trump Tariff

As the US has raised tariffs on Chinese goods to 145% and the Chinese government has retaliated with 125%, the new addition of tariffs could bring further volatility. Not only the struggling but also the performing cryptos could struggle. As a result, investors must consider the poor performing and volatility-filled crypto to sell.

Top 3 Altcoins to Sell Now

Although Trump’s tariff affects crypto prices, a few digital assets could face additional downtrends due to massive token unlocks, creating the need to sell them. According to Tokenomist, more than a billion tokens will be unlocked in the upcoming days, affecting the crypto’s price.

This includes Donald Trump’s Official Trump (TRUMP) coin. This once-trending meme coin is already struggling on the charts, and the upcoming $321.6M worth of tokens that will be unlocked on April 18 could crash its price further due to high volatility.

Altcoins to sell

Arbitrum (ARB) and Starkent (STRK) are the two other altcoins to sell due to their $16.40M and $27.20M token unlocks. Notably, these cryptos were impacted by market volatility and are under a significant downtrend. The unlocks would add liquidity, decreasing demand and crashing prices.

The post Top 3 Altcoins to Sell as Donald Trump Promises Future Tariffs on Smartphones & Electronics appeared first on CoinGape.

Meana Raptor Announces Presale with Real-World Utility, NFT Integration, and Anti-Whale Protections

meana-raptor

The post Meana Raptor Announces Presale with Real-World Utility, NFT Integration, and Anti-Whale Protections appeared first on Coinpedia Fintech News

Meana Raptor has announced the launch of its private presale for $MRT. Blending innovative tokenomics, NFT-driven rewards, real-world utility, and a golf-meets-blockchain narrative. Meana Raptor aims to redefine what a truly community-centric crypto project can achieve.

The Meana Raptor Ecosystem

Meana Raptor transcends the typical meme coin or token label. It stands as a decentralized entertainment and real-world integration brand with a multi-layered ecosystem that includes:

1. NFT Integration

    • Golf Perks & Events: Exclusive NFTs that grant holders access to golf club perks, tournaments, and brand-sponsored events.
    • Future VR Park Access: Fusing virtual reality with on-ground access, each NFT becomes a key to Meana Raptor’s expanding VR and park ecosystem.

    2. Native Token ($MRT)

    • Anti-Whale Protections: Smart contract features that limit large-scale market manipulation and ensure a fair token distribution.
    • Cooldown Mechanisms: Preventing rapid buy-sell cycles, safeguarding both new and existing investors.

    3. Storytelling & Entertainment

        • YouTube Shorts & Animated Episodes: Bringing Meana Raptor’s lore to life through engaging stories and characters.
        • Narrative Layer: Transforming holders into characters within the Meana universe — fostering identity and belonging that goes beyond token ownership.

        4. Future DAO Governance

          • Token + NFT Gated Access: Token and NFT holders will have a say in guiding project decisions, ensuring the community’s voice remains central to the project’s evolution.

          Security & Transparency

          From its inception, Meana Raptor has prioritized ethical leadership and technical security:

          • Doxxed Leadership Team: Founder and key team members are publicly known, fostering trust among participants.
          • Anti-Bot / Anti-Dump Architecture: Robust smart contract code designed to protect token holders from pump-and-dump scenarios.
          • Team & Dev Fund Vesting: Hardcoded vesting ensures the team’s interests align with the community’s long-term success.
          • Audit in Progress: A thorough audit by SolidProof is underway, reflecting Meana Raptor’s unwavering commitment to accountability and investor protection.

          About the Founder

          Meana Raptor was founded by Roberto Brown, a Vietnamese-American entrepreneur who entered the crypto arena determined to create an honest, transparent, and utility-focused project. His firsthand experiences with failed projects and rug pulls motivated him to build something genuinely sustainable. Brown’s background in business strategy — combined with a personal commitment to investor protection and transparency — sets the foundation for Meana Raptor’s bold vision. His primary belief: blockchain should create long-term value, not just fleeting hype.

          The Team

          Behind Meana Raptor stands a fully doxxed, global team of experts dedicated to security, user engagement, and community-driven growth:

          • Smart Contract Engineers: From the U.S. and Asia, ensuring robust anti-whale features, anti-bot mechanisms, and security-first protocols.
          • Marketing Specialists: Including members from the U.K. and Nigeria, strategizing brand storytelling, investor education, and real-time campaign engagement.
          • Community Builders: Focused on fortifying the Raptor community, offering top-tier support, and fostering organic growth across different regions and social channels.

          United by a shared vision of investor-first development, this diverse team operates under strict guidelines of trust and accountability.

          Join the Raptor Movement

          Meana Raptor isn’t just launching; it’s awakening a movement that merges immersive storytelling, blockchain rewards, and real-world access perks. Early adopters have an unprecedented chance to mint NFTs, participate in the presale, and shape the direction of a brand poised to innovate in both virtual and physical realms.

          “This project is about more than crypto,” says founder Roberto Brown. “It’s about building a community that stands for trust, creativity, and tangible value. We’re here to reshape the conversation around what a token — and its holders — can achieve together.”

          Join Meana Raptor in pioneering a decentralized future that values trust, community input, and tangible utility. Welcome to a realm where the fairway meets the blockchain, and every participant holds a stake in the story.

          For more information, connect at:

          Website: www.meanaraptor.com

          For press inquiries, contact:

          • Info@meanaraptor.com
          • felipe@meanaraptor.com
          • michael@meanaraptor.com
          • robin@meanaraptor.com

          Media Contact

          • Company Name: Meana Raptor
          • Contact Person: Roberto Brown
          • Email: info@meanaraptor.com

          The post Meana Raptor Announces Presale with Real-World Utility, NFT Integration, and Anti-Whale Protections appeared first on Coinpedia Fintech News
          Meana Raptor has announced the launch of its private presale for $MRT. Blending innovative tokenomics, NFT-driven rewards, real-world utility, and a golf-meets-blockchain narrative. Meana Raptor aims to redefine what a truly community-centric crypto project can achieve. The Meana Raptor Ecosystem Meana Raptor transcends the typical meme coin or token label. It stands as a decentralized …

          All About the $6 Billion OM Token Crash: Was This an Inside Job?

          The post All About the $6 Billion OM Token Crash: Was This an Inside Job? appeared first on Coinpedia Fintech News

          In what was a major shocker to the entire industry, the OM token crashed by 93% in just 30 minutes yesterday, wiping out more than $6 billion in value. It caught the crypto world completely off guard – one moment it was flying high, and the next, it was in freefall.

          The collapse is already being compared to the infamous Terra Luna crash, and investors are left asking: was this just bad luck, or something more sinister? From mysterious wallet movements to deleted chats and sudden sell-offs, there’s a lot that doesn’t quite add up.

          Here’s a deep dive into what really happened, what the red flags were, and why the OM meltdown might be one of the biggest crypto scandals of the year.

          Warning Signs Were There — But Ignored

          According to the community, the signs were there long before the crash, but they were overlooked. Crypto Jargon shared a detailed thread on X, breaking down exactly what happened, and whether there’s any chance investors can recover their losses.

          On April 13, 2025, OM was trading at $6.70 with a market cap of $5.8 billion. But by 6:00 PM UTC, it had dropped to just $0.37 — a massive 93% drop in less than an hour. While some traders made big profits by shorting OM, most were blindsided. So, what exactly triggered this crash?

          Odd Tweets and Sudden Silence

          At 2:00 PM UTC — just hours before the crash — OM co-founder Mullin tweeted, “No wifi, will be offline for a bit.” Then, four hours later, the price started to freefall. Later that evening, MANTRA’s official Telegram channel was deleted without explanation.

          Even more suspicious, on April 12 — a day before the crash — 3.9 million OM tokens were sent to the crypto exchange OKX. The crash itself was triggered by around $66.97 million in forced liquidations over 12 hours. However, deeper problems had been building up for months.

          For example, the team controls roughly 90% of the token supply — giving them major influence over the market.

          Airdrop Issues and Investor Frustration

          Investor confidence had already taken a hit.

          Just a month earlier, OM’s airdrop blacklisted over 50% of participating wallets, claiming they were bots — without showing any evidence. On top of that, the unlocking schedule kept changing: from an initial 20% unlock, to 0.3% per day, and then to a 10% unlock with vesting until 2027. These constant changes left investors confused and frustrated.

          Market Manipulation? Suspicious Moves Before the Crash

          Concerns were growing as market makers were allegedly pushing OM’s price up artificially. Airdrops kept getting delayed, and many feared a price dump was coming. In the days before the crash, on-chain data showed that 17 wallets had sent 43.6 million OM (worth about $227 million) to exchanges — about 4.5% of the total supply.

          Laser Digital denied any involvement in token sales on OKX. Shorooq Investors also denied selling and pointed to large-scale forced liquidations as the cause, based on blockchain data.

          Meanwhile, Mullin disputed data from Arkham Intelligence, claiming that the wallets accused of selling were “mislabeled.” He also referenced a transparency report from April 8 listing verified wallet addresses.

          Mass Panic Selling

          The panic really started when $3.9 million worth of OM showed up on OKX. This triggered fear of a major sell-off. Some insiders reportedly sold large amounts of tokens over-the-counter (OTC) at a 50% discount. These tokens were then dumped right after the crash, worsening the situation. Stop-loss orders were triggered, leveraged positions got liquidated, and short sellers profited.

          In just one hour, OM lost 93% of its value. Over $5.5 billion in market cap disappeared. The situation quickly reminded many of the LUNA crash. MANTRA’s Telegram channel vanished, leaving behind a chilling final message: “LUNA 2.0.” With no official communication, investors were left in the dark.

          So, Who’s to Blame?

          The MANTRA team claimed the crash was due to wider market pressure and centralized exchanges closing positions, which led to a chain reaction of liquidations. OKX added that the sell-off started with increased trading volume and early price drops on exchanges outside of OKX, before spreading more broadly. On April 14, OKX warned that OM’s tokenomics had changed a lot since October 2024 and flagged suspicious activity on several exchanges.

          Rumors of a rug pull quickly spread. Some traders feared the developers would abandon the project. Market investor Gordon even said this could be the biggest rug pull since LUNA and FTX. But MANTRA executives strongly denied this and shared wallet addresses to prove that the team’s tokens were still locked.

          “To be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors selling tokens. Tokens remain locked and subject to the published vesting periods,” the team stated in their community update.

          What’s Next for OM?

          As of now, OM is trading between $0.65 and $0.80, but the trading volume is still low. Investor trust has taken a major hit. On top of that, 1.2 million OM was recently moved to an unknown wallet, sparking fears of more dumping.

          Exchanges like HTX and Poloniex have reduced trading options for OM, while Binance has issued a warning to users. Meanwhile, Dubai’s crypto regulator VARA is now investigating MANTRA’s license after receiving multiple complaints.

          OKX’s CEO called the situation a “major scandal,” pointing out the lack of transparency despite everything being on-chain. Just two months ago, OM had hit an all-time high of $9.04 and was up 825% year-on-year, even as the rest of the crypto market struggled.

          OM was seen as a rising star in the Real-World Asset (RWA) space — but now, it’s hanging by a thread. And unlike LUNA, OM hasn’t shown any signs of recovery yet.

          Why did the OM token’s price drop so suddenly?

          OM token saw a 93% price drop due to liquidation pressure, large token movements and panic in the market.

          Were there any warning signs?

          The warning signs included large wallet sell-offs, delayed airdrops, and changes to token unlock terms which impacted the investor trust.

          Is OM recovering after the crash?

          OM has recovered slightly but remains volatile with low trading volume and ongoing concerns about further selling.

          The post All About the $6 Billion OM Token Crash: Was This an Inside Job? appeared first on Coinpedia Fintech News
          In what was a major shocker to the entire industry, the OM token crashed by 93% in just 30 minutes yesterday, wiping out more than $6 billion in value. It caught the crypto world completely off guard – one moment it was flying high, and the next, it was in freefall. The collapse is already …

          Wake Up Call? Analyst Warns Pi Network After Mantra Crypto Crash Erases $6B

          Pi Network Faces Growing Criticism as Delays, Price Dips, and Frustrations Mount

          The post Wake Up Call? Analyst Warns Pi Network After Mantra Crypto Crash Erases $6B appeared first on Coinpedia Fintech News

          The crypto industry was left stunned.

          MANTRA – one of the most trusted real-world asset tokens – dropped by 95% in just a few hours. The sudden crash has left the crypto world stunned, with billions in value wiped out almost instantly. What went wrong? And could it happen again – with other major projects?

          Now, popular crypto analyst Dr. Altcoin is sounding the alarm, urging the Pi Network team to take a hard look at what happened with Mantra and avoid walking the same path. Here’s what unfolded—and why the entire crypto space should be paying close attention.

          OM Token Falls Hard

          OM is the native token of the Mantra blockchain, which aims to bring real-world assets like houses and land onto the blockchain in digital form. It was considered a reliable project and had even reached the top 25 cryptocurrencies by market cap.

          But things changed quickly. In just one hour, OM’s price dropped from $6.10 to $0.38. This crash erased over $6 billion in value, and many investors lost their life savings.

          A Warning for Pi Network

          Dr. Altcoin called this a serious warning for the entire crypto space. He specifically urged the Pi Core Team (PCT) to pay attention to what happened with Mantra OM and take steps to avoid a similar disaster.

          He pointed out that Pi Network is now moving from its Open Network phase to the Open Mainnet—an important milestone that also brings more responsibility.

          Dr. Altcoin stressed that before this big transition, the Pi team should speed up the development of safety measures. He also said that the team needs to be more transparent, have clear rules, and communicate openly with their community.

          Mixed Reactions From the Pi Community

          After Dr. Altcoin shared his views on X, many users responded. Some agreed with his warning, while others defended the Pi Core Team.

          One user said Pi Network is not like other projects that pump and dump their coins. They believe the team is focused on building real value and growing the network step by step.

          Another user pointed out that the Pi team has been quiet recently, but said this could be part of their plan. They believe the team is working hard behind the scenes and will speak when the time is right.

          In crypto, trust can vanish fast – Mantra’s fall is proof that even the strongest hype can have weak foundations.

          The post Wake Up Call? Analyst Warns Pi Network After Mantra Crypto Crash Erases $6B appeared first on Coinpedia Fintech News
          The crypto industry was left stunned. MANTRA – one of the most trusted real-world asset tokens – dropped by 95% in just a few hours. The sudden crash has left the crypto world stunned, with billions in value wiped out almost instantly. What went wrong? And could it happen again – with other major projects? …

          AWS Outage Disrupts Binance and KuCoin Services

          The post AWS Outage Disrupts Binance and KuCoin Services appeared first on Coinpedia Fintech News

          Both KuCoin and Binance are experiencing disruptions due to a large-scale AWS network outage. Binance saw issues with failed orders and temporarily suspended withdrawals, though services are now recovering and withdrawals have resumed. KuCoin assured users that their assets remain secure and data is safe, despite the temporary disruptions. Both platforms are working on resolving the issues and encourage users to stay tuned to official updates. While recovery is underway, delays may continue for some services

          The post AWS Outage Disrupts Binance and KuCoin Services appeared first on Coinpedia Fintech News
          Both KuCoin and Binance are experiencing disruptions due to a large-scale AWS network outage. Binance saw issues with failed orders and temporarily suspended withdrawals, though services are now recovering and withdrawals have resumed. KuCoin assured users that their assets remain secure and data is safe, despite the temporary disruptions. Both platforms are working on resolving …

          Cardano (ADA) Price Prediction: Consolidation Before Parabolic Rally Toward $1.38

          The post Cardano (ADA) Price Prediction: Consolidation Before Parabolic Rally Toward $1.38 appeared first on Coinpedia Fintech News

          Cardano (ADA) price has gradually followed the ongoing Bitcoin (BTC) bullish sentiment, catalyzed by Gold’s meteoric growth. In the past seven days, ADA price gained over 10 percent to trade at about $0.645 on Tuesday, April 15, during the mid-London session.

          Similarly, Cardano’s Futures Open Interest (OI) has experienced growth, whereby it increased by around 3.13 percent in the past 24 hours to hover about $632 million.

          Cardano Whales Capitulate

          According to on-chain data from Santiment, Cardano whales, with a balance of between 1 million and 10 million ADA coins, offloaded more than 100 million coins during the past weeks.

          As a result, the specific ADA whale group now holds 5.65 billion coins, currently worth about $3.64 billion.

          ADA Price Analysis 

          From a technical analysis perspective, ADA price, against the U.S. dollar, has been following a similar fractal pattern to the 2021 bull cycle, but with the exception of the tariff and COVID-19 extremities. As a result, the large-cap altcoin, with a fully diluted valuation of about $29 billion and a 24-hour average trading volume of about $668 million, has potentially entered the final consolidation before kickstarting the much anticipated parabolic rally toward price discovery.

          For the market reversal, ADA price could consolidate between 74 cents and 55 cents in the coming weeks. From a different perspective, ADA price could continue with bullish sentiment and surge toward $1.38 in the near future, all without further consolidation.

          Market Picture

          The Cardano network has gradually grown to a vibrant web3 ecosystem, with a total value locked (TVL) of about $298 million and a stablecoins market cap of $31 million. The mention of the Cardano network by the U.S. SEC as a strategic crypto asset likely to revolutionize government contracts, including the education system, has played a crucial role in the mainstream adoption of ADA.

          Never Miss a Beat in the Crypto World!

          Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

          The post Cardano (ADA) Price Prediction: Consolidation Before Parabolic Rally Toward $1.38 appeared first on Coinpedia Fintech News
          Cardano (ADA) price has gradually followed the ongoing Bitcoin (BTC) bullish sentiment, catalyzed by Gold’s meteoric growth. In the past seven days, ADA price gained over 10 percent to trade at about $0.645 on Tuesday, April 15, during the mid-London session. Similarly, Cardano’s Futures Open Interest (OI) has experienced growth, whereby it increased by around …

          Coinbase Prime to End Custody Support for 49 Altcoins by April’s End

          Coinbase Prime, the institutional arm of the popular cryptocurrency exchange, has announced it will end custody support for 49 altcoins by the end of this month. 

          The move will affect a range of lesser-known tokens. These include assets associated with niche blockchain projects and even real estate-related tokens.

          49 Altcoins Lose Custody Support on Coinbase Prime 

          The decision was made public in an April 14 post on X (formerly Twitter).

          “We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month,” the post read.

          The impacted tokens include BOSAGORA (BOA), 0chain (ZCN), pNetwork (PNT), Telcoin (TEL), and Oraichain Token (ORAI). The list also mentioned Sentinel Protocol (UPP), Cellframe (CELL), Ideaology (IDEA), and RioDeFi (RFUEL), which cater to different use cases within the blockchain ecosystem

          Even real estate and investment-related assets were impacted. 1717 Bissonnet (1717), The Edison (EDSN), Draper Garland Apartments (GFDG), Forest Crossing Apartments (GFFC), Hello Albemarle (HLAB), etc were some of the mentioned tokens.

          While some of the featured tokens saw modest declines, others remained unaffected. In addition, PNT, ORAI, IDEA, and TEL have apprecaited in price over the past day.

          COINBASE PRIME CUSTODY ASSETS
          CELL, TEL, BOA, ZCN, PNT, RFUEL, IDEA, ORAI Price Performance. Source: TradingView

          For context, Coinbase Prime offers a suite of services designed to meet the needs of institutional investors. The platform provides custody, trading, and financing solutions. The former allows institutions to securely store digital assets, ensuring compliance and protection for large-scale investments. 

          Nevertheless, the latest decision to remove these assets suggests that the platform is reassessing its offerings. Coinbase has not disclosed specific reasons for removing these particular assets. 

          Still, the move could be linked to factors such as low liquidity, market activity, or failure to meet institutional-grade compliance standards. For institutional clients using Coinbase Prime, this change means they will need to transfer or liquidate their holdings before the end of April 2025.

          According to its website, Coinbase Prime currently supports over 430 assets. Thus, the shift represents a relatively small adjustment in the broader offering. 

          The announcement comes as the exchange Coinbase continues to expand its portfolio. A few weeks ago, the exchange listed Doginme (DOGINME), Keyboard Cat (KEYCAT), and then Definitive (EDGE). The move led to notable price upticks for the tokens.

          However, broader market conditions have negatively impacted the exchange. BeInCrypto reported that Coinbase’s stock experienced a 30% dip in Q1 2025. Moreover, the period marked the company’s worst quarter since the defunct cryptocurrency exchange FTX collapsed.

          As Coinbase moves forward in a volatile cryptocurrency market, this decision to delist certain assets seems to be part of a larger strategy to concentrate on more liquid tokens and better serve the needs of institutional clients.

          The post Coinbase Prime to End Custody Support for 49 Altcoins by April’s End appeared first on BeInCrypto.

          White House Advisor Bo Hines Pushes for US Bitcoin Reserve Funded by Tariff Revenues

          According to Bo Hines, the executive director of the Presidential Council of Advisers on Digital Assets, the Trump administration could consider using tariff revenues to build a national Bitcoin reserve.

          It marks a notable shift, given recent indications that revenue generated from gold sales would help fund the Bitcoin reserve.

          Trump Tariff Revenues To Fund US Bitcoin Reserve

          Bo Hines explained the possibility during recent interviews. He cited the need for the US to act swiftly amid global competition for Bitcoin accumulation.

          Speaking to Thinking Crypto on Tuesday, Hines emphasized that the US must compete globally in Bitcoin. He highlighted the creation of a Strategic Bitcoin Reserve (SBR) through budget-neutral means. This, he said, includes novel funding mechanisms such as tariff revenues.

          “SBR recognizes the value of what Bitcoin is and how it can be harnessed for the American people. There is a finite number of Bitcoin and I think there will end up being a race to accumulate,” Hines stated.

          He reiterated this in an interview with Anthony Pompliano, the founder and CEO of Professional Capital Management. Bo Hines discussed the re-evaluation of tariffs, Bitcoin, and gold during the discussion. He labeled them as key components of the administration’s macroeconomic strategy.

          “The strategic reserve is just the beginning. We’re thinking long-term about what assets can empower the American people and insulate us from global shocks,” Hines told Pompliano.

          This plan is different from what Republican Senator Cynthia Lummis of Wyoming proposed. BeInCrypto reported that she introduced legislation to increase the government’s Bitcoin holdings by selling a portion of the Federal Reserve’s gold. 

          “We will convert excess reserves at our 12 Federal Reserve banks into bitcoin over five years. We have the money now,” said Senator Lummis back in July at the Bitcoin 2024 Conference.

          The notion of using tariff revenue to buy Bitcoin is novel. However, such a move could redefine the role of digital assets in the US economic strategy. It reflects a broader ideological pivot, treating digital assets as more than speculative instruments but as national economic tools.

          Crypto advocates responded enthusiastically. Influencer Crypto Rover called the tariff-based Bitcoin acquisition plan “mega bullish,” reflecting wider market sentiment.  

          However, some experts caution that the policy may backfire. Charles Hoskinson, founder of Cardano, questioned the effectiveness of tariffs, warning that future government-imposed taxes on crypto will be ineffective.

          Meanwhile, others warn that Trump’s aggressive tariff stance could undermine US Bitcoin mining dominance. Hardware costs and international trade barriers could harm domestic miners, especially if Chinese-made mining equipment is further taxed or restricted.

          Despite these complexities, the administration appears undeterred. Hines also hinted at integrating stablecoin legislation and blockchain technology within banking infrastructure. He said this would bolster law enforcement capabilities in crypto and signal a multi-pronged strategy.

          Hines’ comments come amid broader financial shifts. Reports suggest the Trump administration is considering replacing Federal Reserve Chair Jerome Powell.

          As inflation pressures mount and trade tensions with China escalate, speculation is that a more crypto-friendly Fed chair could align monetary policy with the administration’s digital asset goals.

          With geopolitical tensions rising and central banks racing to define their digital currency strategies, the US appears to be moving toward a more assertive position.

          Bitcoin (BTC) Price Performance
          Bitcoin (BTC) Price Performance. Source: BeInCrypto

          BeInCrypto data shows Bitcoin was trading for $85,465 as of this writing. This represents a modest 1.09% surge in the last 24 hours.

          The post White House Advisor Bo Hines Pushes for US Bitcoin Reserve Funded by Tariff Revenues appeared first on BeInCrypto.