Binance’s CZ and Bloomberg Continue to Clash Over Crypto Advisory Reports

Changpeng “CZ” Zhao is having another public dispute with Bloomberg over his recent efforts to advise various governments on crypto policy.

The Binance founder once again called out the publication for negatively framing his advisory efforts. CZ continues to stress that several media outlets take his remarks out of context to drive breaking news.

CZ Continues to Face Media Scrutiny

Changpeng “CZ” Zhao, former CEO of Binance, has recently been involved in a few spats with major publications. Three years ago, he sued one of the Bloomberg subsidiaries for defamation.

Most recently, several US-based publications circulated allegations about a potential deal with the Trump family. After denying those claims, Bloomberg again published an article centered on CZ’s work advising various governments, prompting a harsh response.

In recent months, CZ has been actively advising the government on crypto policies and digital asset regulations. This month alone, he advised Kyrgyzstan on building its crypto hub and joined the Pakistan crypto council.

Earlier this week, he met with the Prime Minister of Malaysia to “discuss [the country’s] potential to become a major hub” for crypto.

This particular meeting was the center of Bloomberg’s report today, framing the regulatory efforts in a negative context.

Specifically, the article repeatedly called attention to his prison stint for money laundering charges, which he pleaded guilty to. It mentioned his criminal past several times in addition to previous reprimands from regulators.

In other words, several US-based media outlets find it ironic that CZ influences crypto laws due to his struggles with the legal system.

However, his actual advice is pretty standard. As a major crypto leader, it’s unsurprising that CZ advocates for balanced or even loose regulation.

Bloomberg also quoted a few of CZ’s comments at various public appearances, which he claims were taken out of context. For example, it referred to a Q&A about Giggle Academy.

Giggle is a non-profit online education platform that helps youths in emerging markets find employment. When asked about concerns of promoting child labor, he responded:

“I’ve got to be careful on this one. We don’t want to violate any laws about working age. Giggle doesn’t offer a job market on the platform today, but it plans to in the future. We are also willing to work with labor ministries to review or at least explore what’s the right working age for kids,” CZ said.

CZ called this quote a joke, chiding the publication for focusing on it instead of the talk’s main points. Giggle has enrolled over 28,000 children, he claimed.

The article paints his activities in a dark light by constantly referring to his criminal conviction and pairing this remark about “working with labor ministries” with his efforts advising government policy.

The post Binance’s CZ and Bloomberg Continue to Clash Over Crypto Advisory Reports appeared first on BeInCrypto.

Top 3 Pump.Fun Tokens to Watch For The End of April

PumpFun tokens show renewed strength after a prolonged correction, with activity on the platform accelerating again. Daily token launches have consistently held above 30,000 per day over the past few weeks, and weekly volume has surged back above $1 billion since April 7.

In the last few weeks, three tokens—Alchemist AI (ALCH), FARTCOIN, and AI Rig Complex (ARC)—have emerged as standout performers. Each is riding a wave of momentum into the end of April, backed by strong narratives, technical setups, and growing investor attention.

Alchemist AI (ALCH)

Alchemist AI, a no-code development platform allowing users to build software applications through natural language commands and simple descriptions, has gained significant traction in the market.

Over the past week, ALCH has surged nearly 40%, pushing its market capitalization to $177 million, and is currently one of the biggest PumpFun tokens.

This rally highlights growing interest in user-friendly AI tools and low-code/no-code infrastructure, which are increasingly viewed as the future of accessible software development.

ALCH Price Analysis.
ALCH Price Analysis. Source: TradingView.

From a technical perspective, ALCH is approaching a key resistance level around $0.229.

If the current momentum continues, a breakout above that zone could propel the token past $0.25 and into new all-time highs.

However, if buying pressure fades and the $0.173 support is lost, a downward move toward $0.132 could follow, potentially extending as low as $0.099 in the event of a sharper correction.

FARTCOIN

FARTCOIN has become the undisputed king of the coins launched on PumpFun, boasting a market cap of $1.08 billion and a 20% price increase over the past seven days.

What makes FARTCOIN especially notable is its resilience—since early March, the coin has steadily climbed despite broader market corrections impacting most of the crypto space.

In fact, its price has surged 329% since March 1, making it one of the strongest performers among meme-driven tokens.

FARTCOIN Price Analysis.
FARTCOIN Price Analysis. Source: TradingView.

From a technical standpoint, FARTCOIN’s chart remains bullish, with its EMA lines confirming upward momentum as short-term averages stay above the long-term ones.

The token is approaching a critical resistance at $1.20, and a breakout there could lead to a rally toward $1.60.

However, if momentum fades, the first support sits at $0.965, potentially sliding to $0.717 if that level fails to hold.

AI Rig Complex (ARC)

ARC has experienced intense volatility recently, crashing 91% between February and April as part of the broader correction that hit AI agent tokens across the crypto space.

However, momentum has recently shifted, with ARC rebounding nearly 31% in the past seven days.

The project is uniquely positioned at the intersection of two powerful narratives—artificial intelligence and PumpFun tokens—both regaining investor interest. If positive sentiment continues to build, this dual exposure could serve as a strong tailwind for the token.

ARC Price Analysis.
ARC Price Analysis. Source: TradingView.

ARC drives Rig, an open-source framework that allows developers to build modular, portable, and lightweight crypto AI agents.

If the current bullish momentum holds, ARC could soon test the resistance at $0.056 and potentially target $0.071 and $0.083 in extension.

However, the $0.048 and $0.043 levels will be key supports if buying interest fades. A breakdown below those could trigger a deeper pullback, with $0.034 as the next major downside target.

The post Top 3 Pump.Fun Tokens to Watch For The End of April appeared first on BeInCrypto.

Official Trump (TRUMP) Dominates Crypto Market as US President Rewards Top Bagholders

Solana-based meme coin Official Trump (TRUMP) is today’s top gainer in the crypto market, surging nearly 30% in the past 24 hours. 

The rally follows a major announcement that the US president will host an exclusive “gala dinner” for the token’s top 220 holders, sparking renewed investor interest.

TRUMP Token Dominates Charts 

The Donald Trump-inspired meme coin TRUMP has surged 29% in the past 24 hours, fueled by news of an exclusive incentive tied directly to the U.S. president. 

According to the project’s official website, the top 220 holders of the TRUMP token will receive invitations to a private gala dinner with the president on May 22. The website touts the event as “the most EXCLUSIVE INVITATION in the world.”

Since the announcement, the market sentiment around the token has shifted dramatically. Trading volume has skyrocketed by over 500%, reaching $5.11 billion, marking the meme coin’s highest single-day volume since February 14. 

TRUMP Price and Trading Volume.
TRUMP Price and Trading Volume. Source: Santiment

When an asset’s price and trading volume spike simultaneously, it signals strong market interest and growing momentum behind the move. This trend indicates that new investors are entering the TRUMP market, fueling the continuation of its current uptrend.

On the daily chart, readings from TRUMP’s Parabolic Stop and Reverse (SAR) indicator support this bullish outlook. At press time, the dots of this indicator rest below TRUMP’s price, forming dynamic support at $7.85.

TRUMP Parabolic SAR
TRUMP Parabolic SAR. Source: TradingView

An asset’s Parabolic SAR indicator identifies potential trend direction and reversals. When its dots are placed under an asset’s price, the market is in an uptrend. This confirms TRUMP’s current rally and also hints at the likelihood of sustained growth in the short term. 

TRUMP Faces Make-or-Break Moment

As of this writing, TRUMP trades at $11.82. If the bulls hold on to control and demand strengthens ahead of the private gala dinner, the meme coin could extend its rally and climb toward  $22.14. 

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView

However, if profit-taking resumes, TRUMP could shed its recent gains and plummet to $7.14.

The post Official Trump (TRUMP) Dominates Crypto Market as US President Rewards Top Bagholders appeared first on BeInCrypto.

Major Debut: Gate.io Introduces CandyDrop Airdrop Platform with Free Tokens Up for Grabs

Gate.io officially launched the brand-new airdrop platform CandyDrop. CandyDrop adopts a task-incentive mechanism, aiming to lower the entry barrier and enhance interaction between users and quality projects, creating a more convenient and efficient way for users to acquire cryptocurrencies.

Task-Driven Airdrops: Bridging Users with Quality Projects

CandyDrop is a token airdrop platform built by Gate.io, with its core mechanism being task-driven participation. Users can complete various tasks such as reaching a certain trading volume, depositing specific tokens, and inviting new users to register to earn candy points, which can be exchanged for project token airdrops.

Gate.io maintains its consistent professional standards in project selection, strictly controlling project quality, and selecting mature or high-potential tokens to ensure that users receive real and reliable rewards. This helps users access more quality assets while participating in the activities.

Easy Participation: Join CandyDrop Seamlessly

Participating in CandyDrop activities is very simple. On the web platform, users simply need to click “Startup” on the navigation bar and scroll to expand the “CandyDrop” page to easily join. On the app, click profile picture in the top left corner, scroll down to the “Earn” section, and open “CandyDrop” to quickly join the event as well.

After completing specified tasks, the system will award a corresponding amount of candy based on the task type. The more candy a user collects, the more tokens they will receive after the activity ends. After the activity ends, the platform will distribute the corresponding tokens to the user’s wallet based on the total amount of candy accumulated. Users can then choose to trade immediately to realize gains or hold the tokens long-term and wait for value appreciation.

CandyDrop Explained: Helping Users Participate with Confidence

CandyDrop activities have virtually no entry barrier, and all verified Gate.io users can participate. In addition to the aforementioned deposit, trading, and referral tasks, more innovative tasks will be introduced in the future.

CandyDrop’s candy distribution mechanism is closely tied to user engagement. The more tasks users complete, the more candy they receive, and the more likely they are to reach the required candy threshold to earn substantial rewards in each round. It is important to note that each CandyDrop event has an independent candy system, and candy from one event will not carry over to the next.

Each CandyDrop activity has its own rules and task requirements, which serve as the foundation for fair and orderly execution. Users must carefully read the detailed terms on the activity page before participating, to understand the rule specifics and better plan their participation strategy, allowing them to fully enjoy the event and its potential rewards.

CandyDrop: A New Model for Unlocking Asset Growth Opportunities

As the cryptocurrency market continues to develop, the CandyDrop platform, with its innovative, transparent, and user-friendly features, is expected to attract more users and inject new vitality into the industry. In the future, CandyDrop will continue to optimize platform functions, expand task types and incentive mechanisms, and provide users with diversified paths for asset appreciation, contributing to the prosperity of the crypto ecosystem.

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 User Agreement.

The post Major Debut: Gate.io Introduces CandyDrop Airdrop Platform with Free Tokens Up for Grabs appeared first on BeInCrypto.

TRUMP’s Rally Sparks Rise in These PoltiFi Tokens | Meme Coins To Watch Today

The crypto market had a rather bullish week and a positive 24 hours, as PolitiFi coins noted a surge. Led by the Official Trump token, the PolitiFi market grew by 29% and is collectively worth over $2.80 billion.

BeInCrypto has analyzed two other Political meme coins for investors to watch as they piggyback on TRUMP’s growth.

Official Trump (TRUMP)

  • Launch Date – January 2025
  • Total Circulating Supply – 199.99 Million TRUMP
  • Maximum Supply – 1 Billion TRUMP
  • Fully Diluted Valuation (FDV) – $12.46 Billion

TRUMP price has surged by 34% over the last 24 hours following the announcement of a Gala Dinner with the US president for the top 220 holders. The top 25 holders will also receive a private White House tour, boosting investor sentiment and driving demand for the token.

Currently trading at $12.40, TRUMP is nearing the resistance of $12.57. If the positive momentum persists, it could flip this resistance into support and continue its rise. A successful breach of $12.57 may lead TRUMP to the next resistance level at $14.53, attracting further investment.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView

However, if investors decide to sell and lock in profits, TRUMP could experience a decline. If the token fails to hold above the $12.57 resistance, it could drop to $11.44 and potentially fall further to $10.29, invalidating the bullish outlook and erasing recent gains.

ConstitutionDAO (PEOPLE)

  • Launch Date – December 2021
  • Total Circulating Supply – 5.06 Billion PEOPLE
  • Maximum Supply – 5.06 Billion PEOPLE
  • Fully Diluted Valuation (FDV) – $72.80 Million

PEOPLE price has surged 12% over the last 24 hours, adding to its 40% growth over the week. This rally follows TRUMP’s gains, and PEOPLE is now trading at $0.0144. The recent surge signals a potential continuation of the bullish trend, supported by market optimism.

If the momentum persists, PEOPLE could breach the $0.0152 resistance level. Successfully flipping it into support would propel the meme coin to new heights, targeting $0.0184. This would solidify the recovery and potentially bring further investor interest in the altcoin, boosting its market performance.

PEOPLE Price Analysis.
PEOPLE Price Analysis. Source: TradingView

However, a pullback is likely if PEOPLE fails to break through $0.0152. Falling below this resistance would send the price back to $0.0128, which could invalidate the bullish outlook. This scenario would erase recent gains, potentially increasing investors’ selling pressure.

Doland Tremp (TREMP)

  • Launch Date – November 2024
  • Total Circulating Supply – 99.95 Million TREMP
  • Maximum Supply – 100 Million TREMP
  • Fully Diluted Valuation (FDV) – $3.30 Million

TREMP, a meme coin that benefited from TRUMP’s rally, surged by 33% in the past day despite a 14% dip today. The token, often seen as a mockery of Donald Trump, is currently stuck in a volatile market. This fluctuation indicates ongoing investor interest in the meme coin.

If TREMP can hold its current support at $0.0319, the altcoin could bounce back. With the right investor backing, it may push towards $0.0389 in the coming days, furthering its recovery. This would be essential to maintaining bullish sentiment and securing a more sustained rise in the future.

TREMP Price Analysis.
TREMP Price Analysis. Source: TradingView

However, if investor confidence falters, the meme coin may struggle. A failure to maintain the $0.0319 support would likely push TREMP down to $0.0290, invalidating the current bullish outlook.

This could lead to further price declines, especially if selling pressure intensifies.

The post TRUMP’s Rally Sparks Rise in These PoltiFi Tokens | Meme Coins To Watch Today appeared first on BeInCrypto.

Is the TRUMP Gala Dinner an NFT Promotion Stunt?

A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin stated that if former President Trump does not attend, attendees may receive a limited NFT.

This has sparked speculation about the event’s true purpose. Could it ignite a new market wave?

New NFT Collection Launch at the TRUMP Gala Dinner?

According to official details from the TRUMP meme coin team, the Trump Gala Dinner is an exclusive event for the top 220 holders of the meme coin. It will be held at Trump National Golf Club in Washington on May 22, 2025.

However, organizers have noted they reserve the right to change the date and venue, raising questions about the event’s certainty.

More intriguingly, there’s uncertainty about Trump’s participation. Despite the event bearing his brand, terms state that Trump may not attend. If the dinner is canceled or Trump is absent, eligible TRUMP holders will receive a limited-edition NFT as compensation.

This has fueled speculation that Trump may use the event to launch a new NFT collection, building on his previous NFT ventures.

“President Trump may not be able to attend the TRUMP Gala Dinner. In the event President Trump is unable to attend the TRUMP Gala Dinner, or if the Gala Dinner does take place, then in our sole discretion, it may be rescheduled to another date, or TRUMP Meme holders who are qualified for the Gala Dinner and/or reception will receive a limited edition TRUMP NFT in lieu thereof,” the terms and coditions wrote.

Donald Trump’s NFT Journey

Trump is no stranger to the NFT market. In early 2025, Donald Trump’s NFT collection, “Trump Bitcoin Digital Trading Cards,” debuts with 160 pieces on the Bitcoin network.

He debuted his Trump Digital Trading Cards in December 2022, marking his entry into the crypto space. The first collection, featuring 45,000 NFTs, quickly gained traction due to Trump’s brand. It raised approximately 648 ETH, roughly $785,000 as per the ETH rate during the sale.

After that, Trump launched Series 2 of the Trump Digital Trading Cards. Trump’s second round of ‘Digital Trading Cards’ sold out quickly. However, not everything went smoothly.

The value of the original Series 1 collection took a significant hit. The rapid release of new collections raised concerns in the community about “value dilution,” diminishing the appeal of earlier NFTs.

According to OpenSea data, the total trading volume for Trump Digital Trading Cards reached 17,167 ETH, equivalent to tens of millions of USD—an impressive figure for an NFT collection.

Trump Digital Trading Cards collection. Source. OpenSea
Trump Digital Trading Cards collection. Source. OpenSea

By April 2025, CryptoSlam data shows the trading volume for Trump Digital Trading Cards dropped to just $2,000, a stark contrast to its peak.

Trump Digital Trading Cards sales volume. Source: CryptoSlam
Trump Digital Trading Cards sales volume. Source: CryptoSlam

The Trump Gala Dinner could have implications beyond TRUMP holders, potentially influencing meme coin and NFT markets. If Trump launches a new NFT collection and succeeds, it could reignite interest in celebrity-driven NFT projects.

Conversely, if the event flops or the new NFT fails to gain traction, it may deepen skepticism about the sustainability of meme coin and NFT ventures.

The post Is the TRUMP Gala Dinner an NFT Promotion Stunt? appeared first on BeInCrypto.

Pi Network (PI) Inches Up 7%, Yet Bulls Struggle to Take Control

PI’s price has climbed 7% over the last seven days, signaling modest upward momentum. It currently trades at $0.65. 

However, technical readings reveal that the rally largely lacks conviction from bullish traders, suggesting the price growth is more reflective of overall market growth than demand for PI.

PI Climbs, But Momentum Stalls

A key indicator supporting this outlook is the Relative Strength Index (RSI), which has remained largely flat despite the price uptick. This indicates a balance between PI’s buying and selling pressure, rather than a surge in bullish sentiment that typically accompanies sustainable rallies.

PI RSI.
PI RSI. Source: TradingView

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

When it is flat like this, there is a balance between buying and selling pressure, with no clear momentum in either direction. This signals market indecision or consolidation, rather than a strong trend, despite PI’s price hike. 

Further, PI’s Super Trend indicator, which continues to act as dynamic resistance above the token’s price, adds to the cautious outlook. This is currently at $0.85

The indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility. 

PI Super Trend Indicator.
PI Super Trend Indicator. Source: TradingView

As with PI, when an asset’s price trades below the Super Trend line, it signals a bearish trend, indicating that the market is in a downtrend and selling pressure is dominant.

As PI struggles to break above this level, the trend line reinforces bearish sentiment and suggests pushing the asset higher in the short term will be difficult.

PI Risks Drop to $0.40 Without Renewed Demand

PI currently trades at $0.65, resting below its 20-day exponential moving average (EMA). This indicator measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. 

When the EMA is positioned above the asset’s current price, it signals a short-term downtrend, indicating that recent prices are lower than the average of the past 20 days. If demand wanes further, PI could extend its losses and revisit its all-time low of $0.40. 

PI Price Analysis.
PI Price Analysis. Source: TradingView

On the other hand, if the bulls regain market dominance, they could drive PI’s value above its 20-day EMA and toward $1.01.

The post Pi Network (PI) Inches Up 7%, Yet Bulls Struggle to Take Control appeared first on BeInCrypto.

Dormant Bitcoin Movements Surge by 121% in Q1 2025 Amid Sentiment Shifts

According to an on-chain analyst, the movement of dormant Bitcoins (BTC) increased by 121% in Q1 2025 compared to Q1 2024.

This shift may signal that long-term investors are reacting to broader economic trends or anticipating market changes.

Dormant Bitcoin on the Move: What’s Driving the Trend?

In a recent post on CryptoQuant, the analyst revealed that investors moved around 28,000 dormant Bitcoins in Q1 2024. March was particularly noteworthy, with approximately 19,296 BTC moved. This was in contrast to the lower figures in January (approximately 3,034 BTC) and February (approximately 5,678 BTC).

“In the first three months of 2025, more than twice the amount of long-dormant Bitcoin has been moved compared to the same period in 2024,” the post read.

Dormant Bitcoin Movements
Dormant Bitcoin Movement. Source: OnChain School/ CryptoQuant

Comparing this to the first quarter of 2025, the total amount of Bitcoin moved was notably higher. Over 62,00 BTC, dormant for over seven years, was transferred. Specifically, investors moved 24,595 BTC in January, 21,820 BTC in February, and 16,456 BTC in March.

The analyst suggested that this surge in activity reflects a shift in sentiment among long-term Bitcoin holders. This shift could be driven by macroeconomic factors, evolving price expectations, or institutional liquidity demands

Notably, 2025 has proven to be a turbulent year for Bitcoin. Geopolitical shifts, rising trade tensions, and growing economic concerns have significantly impacted the market. 

Recently, Glassnode pointed out that Bitcoin has experienced its deepest drawdown of the cycle. In its weekly newsletter, the firm emphasized that investors are facing intense pressure. Furthermore, many are currently experiencing their largest unrealized losses ever.

“Current unrealized losses are largely concentrated among newer investors, while long-term holders remain in a position of unilateral profitability. However, an important nuance is emerging, as recent top buyers age into long-term holder status, as noted, the level of unrealized loss within this cohort is likely to increase,” the newsletter read.

However, Glassnode noted that BTC’s dip remains within the typical range of previous corrections seen in bull markets. Importantly, Bitcoin has also been on a recovery rally lately. 

Over the past week, its value has appreciated by 8.9%. Yet, daily losses stood at 2.2%. At the time of writing, BTC was trading at $92,164. The decline wasn’t isolated, as the broader crypto market also experienced a correction. 

BTC Price Performance
BTC Price Performance. Source: BeInCrypto

Meanwhile, the increased movement of dormant assets is not limited to Bitcoin. A parallel trend has emerged in the Ethereum (ETH) market. Data from Lookonchain showed that in early February, a whale deposited its entire holdings of 77,736 ETH into Bitfinex after being inactive for six years.

In early April, Onchain Lens posted about an eight-year dormant whale moving 11,104 ETH worth 19.97 million.

“Of this, 247.93 ETH was sent to Coinbase and 10,856 ETH to a new wallet. The whale initially withdrew ETH for $2.51 million from Kraken and Gemini, 8 years ago,” Onchain Lens added.

This asset movement reflects investors’ strategic repositioning amid economic uncertainty.

The post Dormant Bitcoin Movements Surge by 121% in Q1 2025 Amid Sentiment Shifts appeared first on BeInCrypto.

KILO Drops Over 5% Despite KiloEx Resumption Plans: What Users Should Know

Barely two weeks after a hacking incident compelled KiloEx’s suspension, the platform is staging a comeback and offering a compensation plan for affected victims.

The comeback highlights the platform’s resilience even as bad actors remain a consistent threat to the crypto industry.

How KiloEx Will Compensate Victims of $7 Million Hack

The YZi Labs-backed decentralized exchange (DEX) revealed the news in an X (Twitter) post, detailing how it would compensate victims.

“Due to the security incident on April 14, 2025, where KiloEx was exploited by a hacker, some user activities were affected. We are now announcing resolution plans for traders, Hybrid Vault stakers, and VIP users,” wrote the DEX.

In a follow-up Medium post, KiloEx detailed how it would unite traders, Hybrid Vault Stakers, and VIP users.

  • Instructions for KiloEx Traders

Traders’ limit orders will be canceled while taking profit, and stop losses will be executed as normal. Traders whose positions remained open during the platform suspension will remain active after the KiloEx platform resumes. However, those whose losses increased or profits decreased during this suspension will be fully compensated for the difference.

“Please close your position as soon as possible after the platform resumes,” KiloEx directed.

This directive comes as DEX will calculate compensation based on the platform’s resume time. Accordingly, traders who delay their position closure could incur differences between their actual PnL (profit and loss) and the compensation amount.

  • Instructions for Hybrid Vault Stakers on KiloEx

Hybrid Vault Stakers’ principal and earnings during the suspension period remain unaffected. The platform recovered and fully reinjected all stolen funds into the Hybrid Vault.

Nevertheless, KiloEx will still, based on eligibility, incentivize this cohort of users with a Special Yield Boost Campaign upon resuming.

“Users will receive an additional 10% APY on top of the base platform yield. The bonus yield will be paid out in USDT,” read an excerpt in the Medium post.

  • Instructions for KiloEx VIP Users

For this cohort of KiloEx $7 million hack victims, there will be a +1 level upgrade, excluding VIP7 users. However, all affected users, including VIP7, will also get a 30-day VIP status protection period.

Notably, the VIP status was determined based on a real-time snapshot taken at the time of the KiloEx security incident.

KiloEx Details Resumption Plans After Audits and Consultation

BeInCrypto reported that KiloEx suspended its platform following the attack, amidst collaborations with security partners to investigate the breach and track stolen funds. 

Like the Zksync incident, it also commissioned a bounty program to encourage whitehat assistance and recover user assets. Following these measures and due diligence, the platform is ready to resume operations.

“KiloEx is coming back! Following a thorough security audit by SlowMist, we are officially resuming soon,” the DEX shared.

Blockchain security firm SlowMist corroborated the report, detailing its involvement in resolving the KiloEx incident.

“Recently, SlowMist helped KiloEx communicate with the attacker via on-chain messages, leading to the recovery of $8.44 million in stolen funds,” SlowMist wrote.

Further, the security firm highlighted the role of on-chain messaging in the recovery, presenting it as a crucial communication tool in blockchain, including security incidents.

Despite the news about resumption and compensation, KiloEx’s native token, KILO, is down by over 5%. As of this writing, it was trading for $0.0425 on CoinGecko.

KiloEx (KILO) price performance
KiloEx (KILO) price performance. Source: TradingView

Meanwhile, it is worth noting that YZi Labs (formerly Binance Labs) incubated KiloEx. The DEX launched its token generation event (TGE) on March 27 in partnership with Binance Wallet and PancakeSwap

The post KILO Drops Over 5% Despite KiloEx Resumption Plans: What Users Should Know appeared first on BeInCrypto.

5 Divergence Signals in April Point to a Recovery for Bitcoin and Altcoins

The crypto market shows positive signs in the second half of April 2025. Several divergence signals have appeared, suggesting a potential recovery for Bitcoin and altcoins.

Divergence is a key concept in data analysis. It happens when the values of two metrics suddenly shift and move in opposite directions compared to their previous trend. This often signals a change in price momentum. Based on expert analysis and market data, this article highlights five major divergence signals—three for Bitcoin and two for altcoins—to help investors better understand the market outlook.

3 Divergence Signals in April Point to a Bitcoin Price Rally

Historically, Bitcoin and the DXY Index (US Dollar Index) move in opposite directions. When DXY rises, Bitcoin tends to fall, and vice versa. But from September 2024 to March 2025, Bitcoin and the DXY moved in the same direction.

This correlation broke in April when the US announced a new tariff policy. The inverse relationship seems to have returned.

Joe Consorti, Head of Growth at TheyaBitcoin, noted that Bitcoin started decoupling from the US dollar after the announcement of the sweeping tariff regime. A chart from his post shows that in April, while the DXY fell sharply from 103.5 to 98.5, Bitcoin surged from around $75,000 to over $91,000.

Divergence Between BTC And USD
Divergence Between BTC And USD. Source: Joe Consorti

This divergence may reflect investors turning to Bitcoin as a safe-haven asset amid global economic uncertainty caused by the tariffs.

“Bitcoin has been diverging from the US dollar since the US announced its sweeping tariff regime. Amidst this global economic reordering, gold and bitcoin are shining,” Joe Consorti predicted.

Another key divergence comes from Tuur Demeester, an advisor to Blockstream. He pointed out a separation between Bitcoin and the NASDAQ Index, which represents tech stocks. Historically, Bitcoin closely followed the NASDAQ due to its ties to tech and macroeconomic sentiment.

But in April 2025, Bitcoin started showing independent growth. It no longer moves in sync with the NASDAQ. While some, like Ecoinometrics, argue that this divergence isn’t necessarily bullish, Demeester remains optimistic.

Divergence Between Bitcoin And NASDAQ. Source: Ecoinometrics.
Divergence Between Bitcoin And NASDAQ. Source: Ecoinometrics

“Bitcoin divergence” and “Bitcoin decoupling” will be dominant headlines for 2025,” Tuur Demeester said.

Specifically, NASDAQ has faced downward pressure from interest rate concerns and slowing growth. Meanwhile, Bitcoin has shown strength, with significant price gains. This suggests that Bitcoin is cementing its role as a standalone asset less tied to traditional markets.

Data from CryptoQuant highlights another divergence—this time in investor behavior. Long-term Bitcoin holders (LTH, those who’ve held BTC for over 155 days) began accumulating again after the recent local peak.

In contrast, short-term holders (STH) are selling off. This divergence often signals the early stage of a re-accumulation phase and hints at a future price rebound.

Bitcoin Long Term Holder Net Position Change. Source: CryptoQuant.
Bitcoin Long Term Holder Net Position Change. Source: CryptoQuant.

“Why This Divergence Matters? LTH behavior is generally associated with macro conviction, not speculative moves. STH activity is often emotional and reactive, driven by price volatility and fear. When LTH accumulation meets STH capitulation, it tends to signal early stages of a re-accumulation phase,” IT Tech, an analyst at CryptoQuant, predicted.

Altcoin Recovery Round the Corner

Divergence signals also appeared for altcoins, indicating a positive short-term outlook.

Jamie Coutts, Chief Crypto Analyst at Realvision, pointed to a key divergence using the “365-day new lows” indicator. This metric tracks how many altcoins hit their lowest point in the past year.

In April 2025, although altcoin market capitalization dropped to a new low, the number of altcoins hitting new 365-day lows decreased significantly. Historically, this pattern often precedes a recovery in altcoin market caps.

365-day New Low Indicator. Source: Jamie Coutts.
365-day New Low Indicator. Source: Jamie Coutts

“Divergence shows downside momentum was exhausted,” Jamie Coutts said.

In simpler terms, fewer altcoins hitting rock bottom means less panic-selling. It suggests that negative market sentiment is weakening. At the same time, rising prices show renewed buying interest. These factors hint that altcoins may be gearing up for a recovery—or even an “altcoin season,” a period when altcoins outperform Bitcoin.

Another technical divergence comes from the RSI (Relative Strength Index) on the Bitcoin Dominance chart (BTC.D), noted by analyst Merlijn The Trader. This chart reflects Bitcoin’s share of the total crypto market capitalization.

Divergence Between Bitcoin And RSI. Source: Merlijn The Trader
Divergence Between Bitcoin And RSI. Source: Merlijn The Trader

“Bearish Divergence Spotted on BTC.D. Higher highs on the chart. Lower highs on RSI. This setup doesn’t lie. Altcoin strength is brewing. Watch for trade setups,” Merlijn said.

This pure technical divergence suggests that BTC.D might soon undergo a strong correction. If that happens, investors may shift more capital into altcoins.

The altcoin market cap (TOTAL3) rebounded by 20% in April, from $660 billion to over $800 billion. The divergence signals discussed above suggest that this recovery could continue.

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