Bitcoin’s recent price rally drives a broad recovery across the cryptocurrency ecosystem. BTC is up by 4.68% over the last 24 hours, trading at approximately $83,014 after rallying from a low of $76,624. Meanwhile, altcoins such as XRP, Dogecoin, and Cardano have cleared key resistance levels, with XRP up 7.42% to $2.193, Dogecoin rising 7.67% to $0.1669, and Cardano staging a rebound from around $0.76. The total crypto market cap has surged by 4.51% to $2.69 trillion, driven by renewed investor optimism fueled by supportive regulatory signals and increased network activity. Despite the strong recovery, some analysts expect further corrections before a new market top is reached.
March 12, 2025 05:57:55 UTC
U.S. Strategic Bitcoin Reserve Implementation Will Be “Compressed”- David Bailey
Bitcoin Magazine CEO David Bailey stated that the U.S. Strategic Bitcoin Reserve Executive Order will be “far more compressed than the market expects,” with a timeline measured in “days and weeks, rather than months or years.” This rapid implementation contrasts with prevailing market expectations, suggesting swift action in setting up the reserve. The move is seen as a key step toward enhancing the government’s strategic approach to Bitcoin, and it could have significant implications for market dynamics and investor sentiment in the cryptocurrency space.
March 12, 2025 05:57:55 UTC
Franklin Templeton Submits XRP ETF Application
Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund’s XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance. This move reflects growing institutional interest in digital assets and could pave the way for broader investor access to crypto-based investment products. Industry watchers see this as a significant step in bridging traditional finance and the evolving cryptocurrency market.
Chainlink is playing an advanced role in Hong Kong’s push for cross-border payment functionality for its central bank digital currency (CBDC) experiments. Leaning on Chainlink’s infrastructure, participants in the pilot will attempt to move tokenized funds between Australia and Hong Kong. Chainlink Facilitates Cross-Border Digital Currency Exchange Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has been tapped
A crypto trader known as James Wynn has sparked widespread interest after reportedly earning over $46 million in profits within just two months on the decentralized exchange Hyperliquid.
Since March, he has bagged surprising profits by a series of high-leverage positions on Bitcoin and various meme coins, including PEPE, TRUMP, and Fartcoin.
Hyperliquid Trader Criticizes CEXs While Riding $46 Million Profit Wave
Since then, he has placed aggressive long positions with leverage ranging from 5x to 40x. Five of those positions remain open and are still generating significant unrealized gains.
Lookonchain reported that Wynn’s most lucrative position is a 10x long on meme coin PEPE, which has delivered approximately $23.8 million in unrealized profits. He also holds a 40x long on Bitcoin with about $5.4 million in paper gains.
Other notable trades include a 10x long on the Trump token, which netted $5.57 million. Another trade involves a 5x long on Fartcoin, which generated $5.15 million, and a 5x long on HYPE, which has yielded around $31,000.
His strategy and consistent performance have put him at the top of Hyperliquid’s trader leaderboard.
In the past 24 hours alone, he reportedly earned $11.4 million, further cementing him as one of the platform’s most successful traders.
Hyperliquid Top Traders List. Source: X/James Wynn
Hyperliquid User Base Continues to Grow Despite Controversy
Meanwhile, Wynn has gained attention not just for his profits. He has also become a vocal supporter of Hyperliquid and a harsh critic of centralized exchanges.
In public posts, he alleged that platforms like Bybit manipulate token listings for internal gain, suggesting they often introduce tokens to dump them on retail traders.
He stated he would reject a $1 million monthly offer to trade on Bybit, citing ethical concerns.
They want me to trade on ByBit, I won’t stop using HyperLiquid even if they offer me $1m a month.
Half the reason I’m shilling my trades publicly is because I want HL to dominate the exchange market share because other exchanges are corrupted.
Hyperliquid is designed for perpetual futures trading and delivers rapid on-chain execution. The platform lets users control their funds fully without intermediaries, making it an attractive choice for many day traders.
Due to this, the platform’s rise has been swift over the past year. According to DeFiLlama, Hyperliquid now commands over 60% of the decentralized perpetual market, up from 44% as of the end of 2024.
As the crypto market prepares for another explosive cycle, investors are eyeing the top contenders that could deliver life-changing gains. Chainlink and XRP have long been spotlighted through top technology and growing use cases. However, a new challenger, Mantix, is turning heads with its ongoing presale momentum and high-leverage trading platform. With a million-dollar potential, the question is which project is stronger and which could mint the next wave of crypto millionaires.
Chainlink builds momentum, but can it outshine emerging contenders like Mantix
Chainlink has been showing promising momentum lately. Over the past month, it has climbed by over 7.3%, a sign of an upward trend despite a pullback of less than 1% on the weekly chart. While this short-term price action reflects volatility, the bigger picture suggests Chainlink regains strength after price fluctuations. Over the past six months, Chainlink’s price has stabilized with a modest gain of 0.37%, hinting at a recovery in progress.
Technical indicators also support a bullish outlook. Chainlink is currently trading within the range of $14.53 to $17.60. The 10-day simple moving average is $16.31, slightly above the 100-day average of $15.75, which often signals growing momentum. However, traders are watching closely, with an RSI of 63.42 placing Chainlink near overbought territory and the stochastic oscillator reading of 84.98 reinforcing caution. These levels suggest a price cooldown may be on the horizon before another breakout.
XRP faces a legal setback, but bullish momentum holds firm
XRP has shown strong signs of recovery, with a 5% gain over the past month, but a recent event has pulled the token back into bearish territory. After reaching a high of $2,70, XRP dropped to around $2.30 within the week. This sharp decline came after a U.S. judge dismissed the proposed settlement between Ripple and the SEC, creating new uncertainty for investors. This has led to whales selling over 60 million $XRP in the last 72 hours.
Despite the legal setback, optimism remains in the XRP ecosystem. The prior ruling that XRP is not a security stands, but many in the market believe the token can rebound. Although short-term sentiment has taken a hit, XRP’s long-term confidence is far from lost, especially as the bullish momentum grows beneath the surface.
Mantix redefines decentralized trading for the next generation of crypto traders
Mantix sets a bold standard in decentralized trading by empowering users to trade, bridge and swap assets across multiple blockchains with unmatched liquidity and 1000x leverage. Mantix is built for scalability, accessibility and security. Every trade on Mantix is protected by advanced encryption and blockchain technology to ensure the safety of users’ data and assets.
More so, Mantix is fully web-based, eliminating the need for downloads or complicated setups. This makes it easy for anyone to get started instantly. Whether you are an experienced trader or new to crypto trading, the Mantix platform interface keeps every feature simple, fast and intuitive.
Mantix does not stop at functionality, it thrives on community. Mantix promotes user engagement with real-time updates, direct feedback channels and a dynamic environment where traders can stay informed and connected.
With more than $600,000 raised so far, the $MTX presale is gaining serious momentum. Investors are snapping up tokens at $0.02, anticipating a rise to $0.0218 in the coming days. Market experts forecast a 100x surge post-launch, prompting a rush from Chainlink and XRP communities eager to get in early.
Conclusion
Mantix is a decentralized exchange with a novel trading solution that tackles the gaps left by traditional DEXs. With top security, performance and user rewards backed into its DNA, Mantix will lead the next wave of crypto innovation and change traders’ expectations from DeFi.
Find Out About The Newest Online Trading Platform Below
The post Chainlink, Ripple (XRP) Or Mantix? Which One Of These Could Make You A Millionaire In 2025? appeared first on Coinpedia Fintech News
As the crypto market prepares for another explosive cycle, investors are eyeing the top contenders that could deliver life-changing gains. Chainlink and XRP have long been spotlighted through top technology and growing use cases. However, a new challenger, Mantix, is turning heads with its ongoing presale momentum and high-leverage trading platform. With a million-dollar potential, …