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Th Brazilian President Luiz Inacio Lula da Silva has announced plans to reach out to India and China for a joint BRICS response to rising U.S. tariffs. He said direct talks with President Donald Trump are not on the table, calling such a move humiliating and unnecessary. Lula Urges BRICS Unity as U.S. Tariffs Strain
The post Breaking: Brazil May Push BRICS Front With India, China to Counter U.S. Tariffs appeared first on CoinGape.
Trump Media & Technology Group (TMTG) has filed to launch a Blue-Chip Crypto ETF, a fully crypto-focused fund encompassing various top digital assets, excluding meme coins. The US President, Donald Trump, is putting a stronger foot in the crypto industry after launching TMTG, NFTs, meme-themed cryptos, and more. However, the negligence of the Official Trump
The post Why Trump’s Blue‑Chip Crypto ETF Excludes Meme Coins? appeared first on CoinGape.
Onyxcoin (XCN) has risen more than 3% in the last 24 hours and nearly 12% over the past week, bringing its market cap back to around $640 million.
After a volatile week, XCN’s technical indicators show important shifts that could shape its next move. The token’s RSI, ADX, and EMA structures all suggest a mix of stabilizing momentum and caution signs. Here’s a closer look at the current setup for Onyxcoin heading into the first week of May.
Onyxcoin’s Relative Strength Index (RSI) is currently at 48.89, after reaching as high as 75 just five days ago. The RSI had fallen sharply to 34.88 yesterday but has since recovered, suggesting that selling pressure may be easing.
This recent bounce shows momentum is trying to stabilize, although the token remains well below the recent overbought zone it touched earlier in the week.
The shift also signals that Onyxcoin is no longer close to oversold territory, but has yet to show a clear direction for its next major move.
The RSI is a widely used technical indicator that measures the speed and magnitude of an asset’s recent price movements to assess whether it is overbought or oversold.
Typically, an RSI above 70 indicates overbought conditions and potential for a pullback, while an RSI below 30 signals oversold conditions and potential for a rebound.
With XCN’s RSI now sitting at 48.89, the token is in a neutral zone, providing room for further upside if positive momentum continues. If buying pressure increases from here, XCN could build a stronger recovery without immediately facing technical resistance from overbought conditions.
Onyxcoin Average Directional Index (ADX) is currently at 23.64, a significant drop from the 50 level it reached just two days ago.
This sharp decrease suggests that the strength of the recent trend has weakened, even though Onyxcoin remains technically in an uptrend.
The decline in ADX reflects a cooling in momentum after a strong directional move earlier in the week. While the uptrend is still intact, the lower ADX reading signals that the trend’s strength is no longer as dominant as it was a few days ago.
The ADX is a technical indicator that measures a trend’s strength, but not the direction. Values above 25 typically suggest a strong trend, while values below 20 point to a weak or directionless market.
With XCN’s ADX now sitting at 23.64, the trend is still moderately strong but close to losing strength if the reading continues to fall.
This means that while Onyxcoin’s uptrend remains, it may require renewed buying pressure soon to avoid slipping into a period of consolidation or sideways movement.
XCN gained around 112% in April, making it one of the best-performing altcoins for the month. Its Exponential Moving Average (EMA) lines remain bullish, with the short-term EMAs still positioned above the long-term ones.
However, the gap between the short-term and long-term EMAs has narrowed compared to previous days, indicating that the bullish momentum is losing some strength.
While the general trend remains positive, the shrinking distance between the EMAs suggests that the market is approaching a critical point where a clearer direction could soon emerge.
In the last few days, Onyxcoin successfully tested and held the support zone around $0.018, but this level remains fragile.
If XCN tests this support again and fails to hold it, the price could drop toward the next support near $0.016. On the upside, if buying momentum returns, XCN could rally to test the $0.024 resistance.
A breakout above $0.024 could open the door for a continuation toward $0.027, offering a strong bullish setup if momentum strengthens.
The post Onyxcoin (XCN) Bullish Momentum Could Be Fading Despite 10% Weekly Gains appeared first on BeInCrypto.
The post Fact Check: Did The SEC Drop it’s Appeal Against Ripple? appeared first on Coinpedia Fintech News
There’s been some confusion in the crypto world about whether the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple in March 2025. Let’s clear things up.
In a video from March, called Crypto in a Minute, Ripple’s Chief Legal Officer, Stuart Alderoty, spoke about the case. He said, “I feel good,” as he reflected on the years of legal battles condensed into 60 seconds.
Alderoty claimed that not only did the SEC drop its appeal against Ripple, but it also dropped all its enforcement actions against crypto companies in the U.S. He explained that the SEC finally admitted what Ripple and others had argued for years, that you can’t enforce laws without first clearly defining them.
“We never had clear laws or regulations for crypto in this country,” Alderoty said. “Now, we’re going to clean up the mess, leave the courtrooms behind, and work with Congress to build smart rules that protect consumers and allow innovation to grow.”
However, former SEC attorney James Farrell shared a different view on social media. He wrote, “The SEC still has not dropped its appeal. Both parties’ appeals are still alive (although stayed) today..”
To be clear, while the SEC’s appeal has been stayed (put on hold), it hasn’t been officially withdrawn. Both Ripple and the SEC still have active appeals in court.
The case isn’t over yet, but there’s growing hope that clearer crypto rules will soon be created in the U.S. Ripple’s legal team is staying involved in those conversations, aiming to help shape fair regulations for the industry.
The post Fact Check: Did The SEC Drop it’s Appeal Against Ripple? appeared first on Coinpedia Fintech News
There’s been some confusion in the crypto world about whether the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple in March 2025. Let’s clear things up. In a video from March, called Crypto in a Minute, Ripple’s Chief Legal Officer, Stuart Alderoty, spoke about the case. He said, “I feel good,” as …