Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, Cardone Capital joins other major institutions recognizing Bitcoin as a long-term store of value and a hedge against traditional market volatility.
Tether just released its Q1 2025 Attestation Report, describing a massive increase in US Treasury bond holdings. The firm purchased over $65 billion in these assets between January 1 and the end of the quarter.
Tether’s report also repeatedly mentioned a potential role in global US dollar flows, calling USDT “the leading digital representation” of this currency. The firm’s treasury holdings now represent more than 80% of its total assets.
An entire quarter has since passed, and the firm’s newest report details a massive pattern of acquisitions. By March 31, it held $98.5 billion in Treasury bonds, with another $21.3 billion in indirect exposure.
The company’s report further claims that its total assets amount to $149.2 billion. In other words, more than 80% of Tether’s assets are directly and indirectly held in US Treasury bonds.
Rumors suggested that the firm would de-prioritize Bitcoin to better align with US stablecoin regulations, and this event may be taking place. If proposed legislation becomes law, the US will require Tether to hold most of its reserve assets in Treasury bonds. Thanks to these acquisitions, that requirement has been fulfilled.
The report repeatedly mentioned concepts like “Tether’s growing role in distributing dollar-denominated liquidity” and “supporting the global relevance of the US dollar in a rapidly evolving economy.”
The firm described USDT as “the leading digital representation of the US dollar,” and its CEO, Paolo Ardoino, echoed these sentiments:
“Our mission is clear: to responsibly and compliantly power the digital economy and strengthen the role of the US dollar on the global stage,” he claimed.
If Tether wants to take on this transformative role, its massive US Treasury holdings will substantially help that task. Its holdings are vastly larger than most governments’, to the extent that it could move the global treasury market.
Overall, these purchases will likely drive Tether’s substantial business ventures in the US market soon.
XRP is rallying after the SEC officially dropped its lawsuit against Ripple, triggering a 13% price surge in the past 24 hours. Strong technical signals and growing market participation are supporting the bullish momentum.
XRP’s network activity is also hitting record levels, with active addresses soaring to new highs. As traders digest the legal victory and positive market signals, XRP’s outlook is strengthening, increasing the chances of further upside in the near term.
XRP DMI Shows Buyers Are In Full Control
XRP’s DMI chart reveals a notable shift in momentum, with its ADX (Average Directional Index) rising to 20.4 from 15.64 following the news that the SEC is dropping its lawsuit against Ripple.
This increase signals a strengthening market trend, as the ADX tracks the overall strength of a trend without specifying its direction.
The recent surge suggests that the price action is gaining conviction, especially as the market digests the positive legal developments surrounding Ripple.
In XRP’s case, the +DI has jumped from 18.3 to 39, while the -DI has dropped from 19.63 to 12.97, indicating a clear bullish divergence.
This sharp rise in buying strength (+DI) combined with a weakening bearish signal (-DI) supports the idea that XRP is attempting to maintain and possibly extend its uptrend. If this dynamic continues, it could see further upside in the short term as bullish momentum builds.
XRP Active Addresses Are Reaching New Records
XRP’s network activity has been surging, with the number of 7-day Active Addresses reaching an all-time high of 1.19 million. This is a massive increase from the 237,000 recorded on February 27, marking an almost fivefold rise in just a few weeks.
Tracking the number of active addresses is crucial as it offers insight into the level of user engagement and real demand on the blockchain.
Generally, an increase in active addresses can suggest that more participants are transacting or interacting with the network, which often correlates with stronger liquidity and potentially higher price volatility. In XRP’s case, this record-breaking surge in activity could act as a bullish signal, hinting at growing interest and possibly renewed capital inflows.
While it doesn’t guarantee immediate price appreciation, such strong network participation could help support XRP’s price and reduce downside risk, especially if coupled with other bullish technical or fundamental factors.
Can XRP Reach $3 Soon?
Its EMA lines are currently pointing to a potential new golden cross forming soon.
Should this scenario unfold, XRP price may first challenge the resistance at $2.648. If buying momentum strengthens further, the price might push toward $2.99, potentially breaking above the barrier at $3.
In this case, the key support level at $2.47 would become clear. A breakdown below this threshold could expose XRP to further downside risk, testing $2.21 and possibly driving it down to as low as $1.90.
The Donald Trump Executive Order signing for the Bitcoin Reserve is one of the industry’s biggest events. However, the market has witnessed an unaffected outcome, especially with MicroStrategy Stock. Since the signing, the MSTR Stock price has crashed 10%, showing the hidden bearish factor of the announcement.
Not only that, the Bitcoin price crashed 5% as well, whereas the rest of the crypto market witnessed recovery. Let’s discuss what went wrong with this bullish news.
Top Reasons Why MSTR Stock Price Crashed 10% Today
The crypto investors’ sentiments are a major factor in the MSTR stock price performance. Their bullish outlook on the situation helps it grow, but a bearish outlook leads to a decline in value. Although Trump’s approval of the Bitcoin Reserve is bullish news, there’s quite a lack of clarity on many factors.
This affected the investors’ sentiments and fueled the selling emotions. In the end, the MicroStrategy stock price declined 10%, currently trading at $304.11.
Overbuilt Market Expectations Led to a Sell-Off
The primary reasons for the decline in the MSTR stock price are simple and explain the intricacies of the market. The investors were awaiting a much bigger and better announcement and have placed their trades accordingly. Some even anticipated that the U.S. government would buy billions of Bitcoin for the reserve and bring the market uptrend.
However, the opposite happened, as David Sacks’s announcement revealed that no buying would be made. Instead, the reserve of criminal and civil counterfeited seized assets will be used.
The announcement fell short of expectations, resulting in a massive sell-off. This is a common phenomenon called “buy the rumor and sell the news,” which resulted in people profit-taking on what they could and selling.
As a result, this news has brought Bitcoin and BTC-related stocks to a more organic trading pattern, as previous speculations and institutional buyers like MicroStrategy fueled it.
MicroStrategy’s Role as a Bitcoin Proxy Changed Overnight
With its Bitcoin buying strategy, MicroStrategy has built a significant image in the market. The endorsements of the founder, Michael Saylor, and the BTC buying have affected the entire crypto market. More importantly, with a 165% return on its BTC investment, MSTR is among the top-performing stocks. As a result, it is often viewed as an alternative to Bitcoin.
Additionally, the regulatory uncertainty around the digital currency made it superior. However, Donald Trump is hosting the Crypto Summit and the executive order, which is bringing better regulatory clarity to Bitcoin and increasing confidence in this digital asset.
As a result, some market participants moved from MSTR and into Bitcoin itself, causing downward pressure on MSTR.
What’s Next for MSTR Stock and Bitcoin Price?
The MSTR stock price crash has raised investors’ concerns over its performance with the Bitcoin Reserve in the picture. However, investors must keep a broader vision in mind, as there is likely to be short-term selling pressure. More importantly, its fundamentals remain the same.
The firm still holds a massive BTC treasure and serves the purpose of the adjacent asset. Although the future of Bitcoin price actions seems optimistic with the Bitcoin Reserve, the uncertainty may keep it in control.
As a result, the performance of the MicroStrategy stock will also depend on this digital asset. Investors must closely monitor the news around this subject and trade accordingly.
