Category: News

The crypto market’s volatility continues, compounded by the absence of bullish signals from broader financial markets. While altcoins are becoming less dependent on external developments, they are increasingly relying on internal network progress to drive price movement.

BeInCrypto has analyzed three altcoins to watch, focusing on whether key events could trigger a price shift in the third week of April.

Filecoin (FIL)

FIL price has bounced off the support of $2.26, currently trading at $2.50. This rebound follows the altcoin’s 27% decline at the end of March, and traders are anticipating a recovery. The support level of $2.26 has proven crucial in halting further losses and enabling a potential uptrend.

Upcoming developments, such as the FIP 0097 proposal, could further boost FIL’s price. The transition to FEVM supporting transient storage and aligning with Ethereum’s EIP-1153 promises cleaner contracts, lower costs, and better compatibility. These improvements could drive FIL past the $2.63 resistance level, potentially reaching $2.99.

If FIL fails to break through the $2.63 barrier, the altcoin may fall back to $2.26. Losing this key support would invalidate the bullish outlook, risking a further drop to $2.00. Investors will closely monitor these levels for signs of a reversal or continued decline.

EigenLayer (EIGEN)

Another one of the key altcoins to watch before April ends, the EIGEN price is poised to breach the $0.86 resistance this week, driven by the upcoming Slashing upgrade. The upgrade will introduce a free marketplace where Operators can earn rewards for their work, and AVSs can launch verifiable services.

If EIGEN capitalizes on the momentum from the Slashing upgrade, it could surpass the $0.86 and $0.92 resistance levels. With continued upward movement, the altcoin could reach $1.00 and beyond. Investors are closely monitoring the effects of this update on price performance.

However, if EIGEN fails to breach $0.86, the price may fall back to the support level of $0.69. This would invalidate the bullish outlook and delay the recovery from the 41.5% losses incurred at the end of March.

OFFICIAL TRUMP (TRUMP)

TRUMP price recently hit an all-time low of $7.14 but has since recovered to $8.33. Despite this recovery, the likelihood of a continued rally is uncertain due to the upcoming token unlock on April 18. This event could create additional selling pressure on the altcoin in the coming days.

The first token unlock in three months, set to release 40 million TRUMP worth $331 million, will flood the market. This unlock will also initiate the daily release of 492,000 TRUMP tokens. Investors are concerned that this increased supply may further weigh on the price.

The surge in supply could prove bearish for TRUMP, which is already facing low demand. This may push the price back down to $7.14 or lower, potentially creating a new all-time low. However, if the price breaches $9.11, the bearish outlook would be invalidated, and recovery could occur.

The post 3 Altcoins to Watch in the Third Week of April 2025 appeared first on BeInCrypto.

Tether is deploying its existing and future hashrate on OCEAN, a decentralized Bitcoin mining protocol. It will focus on delivering high-performance operations to undeveloped areas, particularly in Africa.

Tether is showing increased commitment to keeping the Bitcoin ecosystem sustainable. This initiative also builds on the company’s previous investments in Africa.

Tether and OCEAN Team Up

Tether, the world’s leading stablecoin issuer, has been diversifying its interests lately. It’s preparing to make major internal changes, investing in a few different sectors, and considering a major stablecoin launch.

Today, Tether is working to advance decentralized mining infrastructure by deploying both its existing and future hashrate on OCEAN.

“As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity. Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” said Paolo Ardoino, CEO of Tether.

OCEAN is a decentralized Bitcoin mining pool, and despite the naming similarities, it’s not related to the popular AI token. It was founded by Bitcoin Core developer Luke Dashjr in response to centralization fears in BTC mining.

Tether’s hashrate will be able to help OCEAN in a few key ways. Critically, it highlights Tether’s commitment to the long-term viability of Bitcoin, as it is a major holder.

The company will deploy this hashrate through OCEAN’s DATUM Gateway service, which helps miners create high-performance operations in low-bandwidth areas.

Most notably, Tether will prioritize rolling out these services in rural and underdeveloped regions, particularly in Africa. This reflects Tether’s growing business commitments in the continent.

Tether obviously has self-interested reasons to deploy its hashrate on OCEAN, as it benefits from potential stablecoin users in new regions.

Moreover, the firm cast Bitcoin’s independence as a key motivator in itself. Tether is a major component of the global crypto economy, and it recognizes the importance of BTC beyond its desire to custody the asset.

In short, this operation gives a few insights into Tether’s plans for the future. By deploying hashrate on OCEAN, Tether is working to strengthen Bitcoin’s network and put more of the world on the blockchain.

Eventually, both of these aims can directly benefit the company.

The post Tether To Deploy Existing and Future Hashrate on OCEAN Mining Pool appeared first on BeInCrypto.

Despite recent chaos and fears of a recession, public companies Strategy and Metaplanet are doubling down on new Bitcoin purchases. Strategy purchased BTC worth $285 million, while Metaplanet spent $26.3 million.

Metaplanet’s activity is particularly noteworthy because Japan’s 30-year treasury yields are soaring. For public companies in Japan, conventional economic practice is to pull back from the dollar, but committing to Bitcoin is a bold strategy.

Strategy and Metaplanet Resume Bitcoin Accumulation

Strategy (formerly MicroStrategy) is one of the world’s largest Bitcoin holders, and it’s been going through a chaotic period. In recent weeks, it has alternated between massive BTC purchases and abrupt acquisition pauses, prompting a great deal of speculation.

Today, however, its Chair, Michael Saylor, announced a major new Bitcoin buy at $285 million:

“Strategy has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per bitcoin and has achieved BTC Yield of 11.4% YTD 2025. As of 4/13/2025, Strategy holds 531,644 BTC acquired for ~$35.92 billion at ~$67,556 per bitcoin,” Saylor claimed via social media.

A lot of this chaos is due to fears of a US recession, which has made the price of Bitcoin swing wildly. When Bitcoin was down, it prompted speculation that MicroStrategy may have to dump its assets.

However, since BTC has started to recover, Michael Saylor’s firm is back on the market.

Critically, Strategy isn’t alone in its Bitcoin acquisitions. Metaplanet is a Japanese firm with substantial BTC holdings and ambitions to acquire even more.

Two days before Strategy made its own major purchase, Metaplanet CEO Simon Gerovich announced a similar investment:

“Metaplanet has acquired 319 BTC for ~$26.3 million at ~$82,549 per bitcoin and has achieved BTC Yield of 108.3% YTD 2025. As of 4/14/2025, we hold 4525 BTC acquired for ~$386.3 million at ~$85,366 per bitcoin,” Gerovich claimed.

Metaplanet’s commitment here is particularly noteworthy because it contradicts near-term macroeconomic headwinds. The global market is filled with risk-averse behavior right now, and Japan’s 30-year bond yields surged to the highest level in over two decades.

Despite this clear signal, the Japanese Metaplanet is continuing to make major Bitcoin investments. The latest purchases also had a positive impact on the company’s stock market. It’s currently up by 3% today, after suffering notable losses the past month.

In short, major corporate Bitcoin holders like Strategy and Metaplanet aren’t interested in tapering off yet. Despite the recent chaos, there is serious confidence that BTC will either gain in price or represent a stable store of value.

Either way, when public firms like this publicly take a bullish stance, it can shore up confidence across the entire market.

The post MicroStrategy and Metaplanet Reveal New Bitcoin Purchases: Buying the Dip? appeared first on BeInCrypto.

Meme coins have garnered investors’ interest today more than any other category of crypto assets. Leading the joke tokens was Maneki, who continued the momentum from the previous week.

BeInCrypto has analyzed two other meme coins for investors to watch and the direction in which they are taking.

Maneki (MANEKI)

• Launch Date – April 2024
• Total Circulating Supply – 8.85 Billion MANEKI
• Maximum Supply – 8.85 Billion MANEKI
• Fully Diluted Valuation (FDV) – $25.32 Million

MANEKI price surged by nearly 28% over the last 24 hours, reaching $0.0028. This significant rise marks a continuation of the altcoin’s rally from the previous week.

The meme coin is expected to maintain its upward trajectory, aiming to breach the $0.0036 barrier in the coming days. A successful breach could attract more investors, sparking inflows and potentially propelling the price even higher. This would enhance the altcoin’s visibility and fuel its growing popularity.

However, if MANEKI fails to hold its support at $0.0022, it could fall to $0.0017. A drop to this level would invalidate the bullish outlook and extend the recent losses, halting its upward momentum.

Keyboard Cat (KEYCAT)

• Launch Date – January 2024
• Total Circulating Supply – 10 Billion KEYCAT
• Maximum Supply – 10 Billion KEYCAT
• Fully Diluted Valuation (FDV) – $35.39 Million

KEYCAT’s price saw a modest 11% increase today, reaching $0.0035, continuing its rally from the previous week, which now totals 64%. Despite not performing as well as MANEKI, this consistent upward trend could attract investors’ attention.

The next resistance level for KEYCAT is at $0.0040, and to breach this level, the altcoin will likely need broader market support. If successful, this could propel the meme coin toward $0.0053, solidify the current bullish outlook, and fuel further price action, drawing in more investors.

However, if KEYCAT fails to break through $0.0040, it may drop to $0.0030, with further declines possible if this support is lost. Such a fall would invalidate the bullish thesis and signal a potential reversal in price.

Popcat (SOL) (POPCAT)

• Launch Date – December 2023
• Total Circulating Supply – 979.97 Million POPCAT
• Maximum Supply – 979.97 Million POPCAT
• Fully Diluted Valuation (FDV) – $262.19 Million

POPCAT saw an impressive 115% rise over the past week, positioning it as one of the best-performing tokens. However, despite this surge, the meme coin faced a slight decline in the last 24 hours. The volatility signals a possible shift, though the outlook remains generally positive.

While the recent decline has almost been recovered, POPCAT’s momentum seems to be waning. Currently holding above the $0.244 support, the coin looks poised to bounce back and potentially rise to $0.342. Continued support from the market could allow for a more sustained recovery in price.

However, if POPCAT fails to maintain support at $0.244, the price could fall to $0.205, significantly invalidating the bullish outlook. A break below this support would suggest further price erosion, reversing the recent gains and potentially setting the coin on a downward trajectory.

The post MANEKI Rallies 28% as Cat-Themed Tokens Dominate | Meme Coins To Watch Today appeared first on BeInCrypto.

The MANTRA (OM) token suffered a catastrophic price collapse on April 13, plummeting over 90% in under an hour and wiping out more than $5.5 billion in market capitalization. 

The sudden crash, which took OM from a high of $6.33 to below $0.50, has drawn comparisons to the infamous Terra LUNA meltdown, with thousands of holders reportedly losing millions.

Why did MANTRA (OM) Crash? 

Multiple reports suggest that the trigger is a large token deposit linked to a wallet allegedly associated with the MANTRA team. Onchain data shows a deposit of 3.9 million OM tokens to OKX, sparking concerns about a possible incoming sell-off. 

Given that the MANTRA team reportedly controls close to 90% of the token’s total supply, the move raised immediate red flags about potential insider activity and price manipulation.

The OM community has long expressed concerns around transparency. Allegations have surfaced over the past year suggesting the team manipulated the token’s price through market makers, changed tokenomics, and repeatedly delayed a community airdrop. 

When the OKX deposit was spotted, fears that insiders might be preparing to offload were amplified.

Reports also indicate that MANTRA may have engaged in undisclosed over-the-counter (OTC) deals, selling tokens at steep discounts — in some cases at 50% below market value. 

As OM’s price rapidly declined, these OTC investors were thrown into losses, which allegedly sparked a mass exodus as panic selling took hold. The chain reaction triggered stop-loss orders and forced liquidations on leveraged positions, compounding the collapse.

Dear @MANTRA_Chain @_RichardTeng @cz_binance

I invested $3,500,000 into your RWA token, $OM. That investment is now worth barely $200,000, a drop of over 90%.

My intention was to support the future of RWAs. I conducted thorough due diligence, and the supposed partnership with… pic.twitter.com/G11642FWYC

— JB (@Jeetburner) April 13, 2025

The MANTRA team has denied all allegations of a rug pull and maintains that its members did not initiate the sell-off. 

In a public statement, co-founder John Patrick Mullin said the team is investigating what went wrong and is committed to finding a resolution. 

The project’s official Telegram channel was locked during the fallout, which added to community frustration and speculation.

“We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” wrote MANTRA founder JP Mullin.

If OM fails to recover, this would mark one of the largest collapses in crypto history since the Terra LUNA crash in 2022. 

Thousands of affected holders are now demanding transparency and accountability from the MANTRA team, while the broader crypto community watches closely for answers.

The post MANTRA’s OM Token Crashes 90% and Erases $5.5 Billion in Seconds appeared first on BeInCrypto.

US Senators Sheldon Whitehouse and John Fetterman have introduced the Clean Cloud Act of 2025. The bill aims to reduce carbon emissions from energy-intensive crypto-mining operations and artificial intelligence data centers.

This comes at a time when Bitcoin miners are increasingly moving towards renewable energy sources to power their operations.

Clean Cloud Act Links Rising Energy Demand to Bitcoin Mining

According to the bill, the Environmental Protection Agency (EPA) would have the authority to set annual carbon performance standards for facilities with over 100 kilowatts of installed IT power.

These standards would tighten each year, with emissions limits declining by 11% annually.

Companies that exceed the cap will pay a starting fee of $20 per ton of carbon dioxide equivalent. This fee will rise yearly, adjusting for inflation and an additional $10 per ton. The bill also enforces strict accounting methods to include indirect emissions from the grid.

The lawmakers argue that crypto miners and AI centers are driving up power demand at an unsustainable pace. According to them, the current clean energy sources cannot keep up with the rapid growth of the demand for Bitcoin mining.

They noted that data centers alone use 4% of all electricity in the US and could hit 12% by 2028. They also pointed out that utilities have even restarted old coal plants to meet rising demand, worsening the country’s carbon footprint.

Considering this, Senator Whitehouse noted that this pressure is driving up electricity costs for consumers. He said the bill would push tech firms toward clean energy investments and help ensure the US power grid can reach net-zero emissions within the next decade.

“The good news is that we don’t have to choose between leading the world on AI and leading the world on climate safety: big technology and AI companies have all the money in the world to pay for developing new sources of clean energy, rather than overloading local grids and firing up fossil fuel pollution.  The Clean Cloud Act will drive utilities and the burgeoning crypto and AI industries to invest in new sources of clean energy,” the lawmaker stated.

To protect low-income households, 25% of the revenue generated from emissions penalties will offset energy costs. The rest will fund grants supporting long-duration storage and clean power generation projects.

Meanwhile, this move is coming as the crypto industry steadily transitions to greener energy.

A recent MiCA Crypto Alliance report shows that renewable energy powered 41% of Bitcoin mining by the end of 2024, up from 20% in 2011.

Following this rapid adoption rate, the report forecast that renewables could support over 70% of mining activities by 2030, driven by cost efficiency, evolving policies, and a broader shift toward sustainable practices

The post New US Bill Targets Carbon Emissions From Bitcoin Mining and AI Data Centers appeared first on BeInCrypto.

Cybercriminals have found a new attack vector, targeting users of Atomic and Exodus wallets through open-source software repositories.

The latest wave of exploits involves distributing malware-laced packages to compromise private keys and drain digital assets.

How Hackers are Targeting Atomic and Exodus Wallets

ReversingLabs, a cybersecurity firm, has uncovered a malicious campaign where attackers compromised Node Package Manager (NPM) libraries.

These libraries, often disguised as legitimate tools like PDF-to-Office converters, carry hidden malware. Once installed, the malicious code executes a multi-phase attack.

First, the software scans the infected device for crypto wallets. Then, it injects harmful code into the system. This includes a clipboard hijacker that silently alters wallet addresses during transactions, rerouting funds to wallets controlled by the attackers.

Moreover, the malware also collects system details and monitors how successfully it infiltrated each target. This intelligence allows threat actors to improve their methods and scale future attacks more effectively.

Meanwhile, ReversingLabs also noted that the malware maintains persistence. Even if the deceptive package, such as pdf-to-office, is deleted, remnants of the malicious code remain active.

To fully cleanse a system, users must uninstall affected crypto wallet software and reinstall from verified sources.

Indeed, security experts noted that the scope of the threat highlights the growing software supply chain risks threatening the industry.

“The frequency and sophistication of software supply chain attacks that target the cryptocurrency industry are also a warning sign of what’s to come in other industries. And they’re more evidence of the need for organizations to improve their ability to monitor for software supply chain threats and attacks,” ReversingLabs stated.

This week, Kaspersky researchers reported a parallel campaign using SourceForge, where cybercriminals uploaded fake Microsoft Office installers embedded with malware.

These infected files included clipboard hijackers and crypto miners, posing as legitimate software but operating silently in the background to compromise wallets.

The incidents highlight a surge in open-source abuse and present a disturbing trend of attackers increasingly hiding malware inside software packages developers trust.

Considering the prominence of these attacks, crypto users and developers are urged to remain vigilant, verify software sources, and implement strong security practices to mitigate growing threats.

According to DeFiLlama, over $1.5 billion in crypto assets were lost to exploits in Q1 2025 alone. The largest incident involved a $1.4 billion Bybit breach in February.

The post Malicious Actors are Targeting Atomic and Exodus Wallet Users appeared first on BeInCrypto.

Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks.

Both TRUMP and Polyhedra are about to unlock tokens worth more than 20% of their market cap. Here’s what to know.

TRUMP

Unlock Date: April 18
Number of Tokens to be Unlocked: 40 million TRUMP (4.00% of Max Supply)
Current Circulating Supply: 199 million TRUMP

US President Donald Trump’s OFFICIAL TRUMP meme coin is about to unlock new tokens worth 20% of its market cap. On April 18, 40 million TRUMP tokens will be released, with a combined market value of $338.57 million. 

Of this, 36 million tokens (10%) are assigned to Creators & CIC Digital 1, while 4 million tokens (10%) go to Creators & CIC Digital 4. 

Overall, with such a massive amount unlocked, this release is likely to impact volatility. TRUMP is currently down more than 30% this month.

StarkNet (STRK)

Unlock Date: April 15
Number of Tokens to be Unlocked: 127.60 million STRK (1.28% of Max Supply)
Current Circulating Supply: 2.9 billion STRK

StarkNet is an Ethereum Layer 2 scaling solution built with STARK-based zero-knowledge rollups. Its role is to enhance throughput and reduce gas costs. STRK is the network’s native utility and governance token.

On April 15, 127.60 million STRK tokens will be unlocked, representing $16.71 million in value—roughly 4.40% of the current market cap. Of this, 66.92 million tokens (3.34%) are allocated to early contributors, and 60.68 million tokens (3.34%) to investors. 

Also, STRK has declined over 26% in the past month and is currently down nearly 100% from its February 2024 all-time high.

Polyhedra Network (ZKJ)

Unlock Date: April 19
Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply)
Current Circulating Supply: 60 million ZKJ

Polyhedra Network delivers blockchain interoperability through its zkBridge technology. It enables cross-chain messaging, asset transfers, and storage with zero-knowledge proofs.

The April 19 unlock includes 15.50 million ZKJ tokens, valued at $35.16 million—25.7% of ZKJ’s market cap. 

The release consists of 8.47 million tokens (2.65%) for ecosystem and network incentives and 2.61 million tokens (1.74%) for community, airdrop, and marketing.

Meanwhile, 3.61 million tokens will be allocated for foundation reserves, and 800,000 tokens for pre-TGE token purchasers. 

Also, ZKJ is currently up 10% over the past month.

Overall, this week’s unlocks collectively introduces over $400 million worth of new tokens into the market. While some projects face downward pressure, others like ZKJ show positive momentum. 

As always, traders should monitor token distribution closely to assess potential shifts in market sentiment and liquidity.

The post 3 Token Unlocks for the Third Week of April 2025 appeared first on BeInCrypto.

The Solana-based meme coin FARTCOIN has emerged as an unlikely outperformer over the past month. The altcoin has defied the broader market troubles and surged by nearly 250% in the past 30 days.  

However, buyer exhaustion could soon set in, potentially triggering a wave of profit-taking among FARTCOIN holders eager to lock in gains.

FARTCOIN Enters Overbought Zone 

FARTCOIN’s triple-digit rally has pushed its price above the upper band of its Bollinger Bands (BB) indicator, a sign that the meme coin is overbought. 

The BB indicator identifies overbought or oversold conditions and measures an asset’s price volatility. It consists of three lines: a simple moving average (middle band) and two bands (upper and lower) representing standard deviations above and below the moving average. 

When the price breaks above the upper band, it means the asset’s current value is moving significantly away from its average, making it overbought and due for a price correction.

This pattern suggests that FARTCOIN’s current price level may not be sustainable, increasing the likelihood of a near-term pullback.

Moreover, readings from the token’s Relative Strength Index (RSI) confirm its nearly overbought status. At press time, this momentum indicator rests at 69.09. 

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.

At 69.09, FARTCOIN’s RSI signals that the meme coin is nearly overbought. Its upward momentum may be weakening, and a price correction could be near.

Will It Hit $1.16 or Slip Back to $0.37?

If the current momentum fades, FARTCOIN could face a short-term correction that causes it to shed some recent gains. In that scenario, the Solana-based asset could retest support at $0.74.

Should it fail to hold, the downtrend strengthens and could continue toward $0.37. 

However, if FARTCOIN maintains its uptrend, it could rally to $1.16. 

The post FARTCOIN’s 250% Rally Faces Potential End as Buyers Near Exhaustion appeared first on BeInCrypto.

Since plunging to its year-to-date low of $1.61 on April 7, XRP holders have taken full advantage of the dip, ramping up accumulation efforts. This buying pressure has steadily increased the asset’s value over the past week. 

At press time, XRP trades at a seven-day high of $2.19 and technical indicators show that it’s positioned to extend the gains.

XRP Golden Cross Drives Bullish Momentum

On the daily chart, a golden cross has formed on XRP’s Moving Average Convergence Divergence (MACD) indicator, which is often viewed as a key signal of a shift toward long-term upside. 

The MACD indicator measures an asset’s price trends and momentum, and identifies reversal points. It forms a golden cross when its MACD line (blue) crosses above its signal line (orange). 

When a golden cross emerges like this, it signals a positive shift in investor sentiment. Traders interpret it as a cue that buying pressure outpaces selling activity, which can attract even more inflows and drive the price higher.

For XRP, this golden cross occurred on April 11, reinforcing the growing bullish sentiment surrounding the asset. This pattern confirms that the altcoin’s recent price rebound is not just a short-lived reaction but may mark the beginning of a more sustained uptrend.

Further, the token’s positive Chaikin Money Flow (CMF) supports this bullish outlook. At press time, it rests above the center line and in an uptrend at 0.07.

The CMF indicator measures how money flows into and out of an asset. A positive CMF reading, as with XRP, means buying pressure is stronger than selling pressure over a given period. It suggests capital is flowing into the token, signaling accumulation and potential price growth.

XRP Maintains Uptrend—Next Stop: $2.50 or Back to $1.99?

Since its rally began on April 7, XRP has traded above an ascending trend line. This bullish pattern emerges when an asset forms higher lows over time, creating an upward-sloping support line.

It signals sustained buying interest in XRP and suggests that momentum is building in favor of the bulls as the token’s price continues to climb.

If demand soars, XRP could extend its gains and climb to $2.29. A successful flip of this resistance into a support floor could propel XRP to $2.50.

However, if profit-taking resumes and selling pressure rises, XRP could reverse its uptrend and fall to $1.99.

The post XRP Surges to Weekly High as Demand Spikes and Bulls Take Charge appeared first on BeInCrypto.