Legacy financial institutions, from global banks to regulators have never been this pro-crypto until President Trump took office. In what can be termed as a seismic shift, global banking giants like Deutsche Bank and Standard Chartered are now planning to expand their presence in the U.S, according to a recent Wall Street Journal report.
Although the details are still unclear, the latest interest comes as traditional finance slowly shifts back toward crypto, especially after the collapse of FTX and the shutdown of key crypto-friendly banks. The rising client demands, new revenue opportunities, regulatory clarity and the banks’ urge to stay competitive in the ever evolving market could be driving this new interest.
Major Banks Seek Licenses
With Trump’s promise to make the U.S. “the crypto capital of the planet,” these banks seem more ready than ever to dive into the crypto world. The recent bills in Congress aim to regulate stablecoins requiring the issuers to secure banking licenses or charters. While some crypto firms are pursuing full banking licenses, while others want limited approvals just to issue stablecoins.
Several crypto firms including BitGo, Circle, Coinbase and Paxos are planning to apply for Bank Charters or licenses as they plan to expand their operations in the US.
Currently, Anchorage Digital is the only crypto company in the US with a federal Bank Charter. However, it has spent millions of dollars to comply with the regulatory requirements and is currently under investigation.
A recent Barron’s report reveals that the US Department of Homeland Security’s El Dorado Task Force has launched an investigation into Anchorage possibly over money laundering or financial crime concerns. Former employees have also been contacted as part of the probe. However, Anchorage has denied the claims saying that the report is just based on mere speculations.
Bank of America is also ready to issue its own stablecoin once there is legal clarity. Similarly, U.S. Bancorp has resumed its crypto custody services in partnership with NYDIG.
However, while KeyCorp CEO Chris Gorman recognizes the opportunity, he has decided to wait and evaluate to see how the space develops with the regulatory challenges.
Three Bittensor subnet tokens — Chutes, Proprietary Trading Network, and Targon — are among the top projects to watch this week.
Chutes remains the largest subnet token by market cap despite recent price pressure, while Proprietary Trading Network is gaining attention through the DeFAI narrative. Targon, meanwhile, is trading at deeply oversold levels and could be setting up for a potential rebound. Here’s a closer look at each of these Bittensor-based tokens heading into the first week of May.
Chutes
Chutes is a serverless AI compute platform built by Rayon Labs. It is designed to deploy, run, and scale any artificial intelligence model within seconds.
Users can interact directly with the Chutes platform or integrate it easily through a simple API, offering fast and flexible AI infrastructure without the complexity of traditional server management.
Chutes is currently the largest Bittensor Subnet token by market cap, but it has faced pressure recently, falling nearly 18% over the past seven days.
After rallying 67% between April 7 and April 12, the token has since dropped about 30% from its peak. Its Relative Strength Index (RSI) is now at 23.78, signaling deeply oversold conditions.
This setup could mean that Chutes is nearing a potential reversal zone.
If the project manages to recover its earlier momentum, being the biggest Subnet on Bittensor could amplify its gains through network effects, potentially triggering a strong uptrend that could drive the price back toward the $0.40 range.
Proprietary Trading Network
Proprietary Trading Network, or Taoshi, is a decentralized finance platform operating within the Bittensor ecosystem. It builds dynamic subnetworks where decentralized AI and machine learning models analyze data across multiple asset classes.
Its mission is democratizing access to sophisticated trading strategies, combining AI, blockchain, and finance to deliver advanced data that helps users make more informed financial decisions.
Proprietary Trading Network’s market cap is close to $50 million, with its trading volume jumping nearly 160% in the last 24 hours to reach $3 million.
Proprietary Trading Network Token Performance. Source: Tao Stats.
If the current momentum strengthens, the token could soon rise to retest the $0.20 and $0.25 resistance levels, supported by growing attention across these sectors.
Targon
Manifold Labs developed Targon, which is a Bittensor Subnet token that is building an AI cloud platform that enables users to run inferences on AI models at high speed and low cost.
Through its Playground and API, Targon offers many models optimized for completion and chat tasks.
The platform emphasizes fast performance, high scalability, and cost-efficiency, allowing developers and companies to deploy and scale AI models while minimizing infrastructure complexity easily.
The Solana Foundation has signed a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA) to collaborate on talent development, economic data sharing, and founder workshops. This partnership aims to support the growth of the Solana Economic Zone in Dubai, fostering innovation and building a strong blockchain ecosystem. Together, they plan to nurture local talent and provide resources to accelerate Solana-based projects in the region.
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The Solana Foundation has signed a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA) to collaborate on talent development, economic data sharing, and founder workshops. This partnership aims to support the growth of the Solana Economic Zone in Dubai, fostering innovation and building a strong blockchain ecosystem. Together, they plan to nurture …
Bitcoin and Ethereum are showing signs of fatigue in 2025, with analysts raising concerns that BTC could retest the $50K range and ETH may fall toward $700. As market volatility lingers, traders are shifting attention to more promising assets with real utility.
Projects like Remittix are gaining ground, offering stable use cases amid market uncertainty. This new wave of investor interest reflects a broader move toward practical, real-world crypto solutions with long-term upside.
Bitcoin Price: Analysts Say Bitcoin Could Retest Lower Support Levels
Bitcoin is holding just under $85,000, yet it’s still trailing 23% below the record highs seen in January 2025. The market has shifted gears. While Bitcoin price has rebounded nearly 8% in the last week, analysts remain cautious. Some suggest this isn’t a breakout forming, but a structural transition in how Bitcoin grows.
CryptoQuant contributor Crypto Dan argues that this cycle diverges sharply from the past. During the 2020–2021 surge, rapid price moves were the norm, supercharged by retail FOMO and easy money.
Now, short-term holders have mostly vanished. Instead, the supply is dominated by wallets holding for months, a sign of patient conviction rather than speculative frenzy. Combine that with high interest rates and limited liquidity, and it’s no surprise the price action feels sluggish.
Technical indicators reinforce the narrative. CryptoQuant’s Gaah points to Bitcoin’s MVRV MA30d, now sitting in the 1.8 to 2.1 zone—a level that’s historically acted as a floor during corrections. This same metric flashed back in late 2024, just before Bitcoin bounced from $50,000 to fresh highs. While another plunge remains possible, the current range offers support that many investors are watching closely.
Most new buyers are either flat or slightly in the red, which tends to flush out weak hands and pave the way for renewed accumulation. The absence of forced selling is another sign that downside momentum may be fading. If Bitcoin can stabilize above this zone, the next leg up could begin—not with a bang, but a deliberate build fueled by institutional inflows and macro recalibration.
Ethereum Risks Drop Toward $700 If Bulls Fail To Regroup
Ethereum continues to tread cautiously in 2025, despite some short-term price recovery. After losing just over 5% in the past week, ETH is hovering between $1,420 and $1,730, but momentum is far from convincing.
The 10-day moving average edges past the 100-day, signaling mild optimism, yet long-term indicators remain tilted toward downside risk. Ethereum has dropped more than 18% in the last month and nearly 40% over six months—figures that paint a challenging picture for the second-largest cryptocurrency.
The RSI and Stochastic indicators both sit near neutral zones, reinforcing the notion of hesitation rather than conviction in either direction. Ethereum bulls are eyeing a break past $1,860, a key resistance that could open the door to $2,163.
But if price slips further, critical support sits lower at $1,253, and failure there may lead to a painful fall below $1,000. Such a move would put Ethereum dangerously close to the $700 price mark that a growing number of traders are whispering about as a worst-case scenario.
Beyond price, Ethereum’s DeFi dominance is also under quiet stress. While it still commands over half of the $232 billion stablecoin market, its volume has steadily declined for months. A $1 billion drop in stablecoin inflow last week confirms the trend.
Other tokens are now closing in on Ethereum’s share, signaling that capital is flowing into more cost-effective alternatives. Investors aren’t ignoring Ethereum, but they are growing more selective, looking for performance—not promises—in this evolving market.
As BTC flirts with downside and ETH momentum falters, many investors are rotating into newer assets showing stronger upside potential in both price and user growth. That’s where the search for 2025’s real gains begins.
Remittix Becomes a Top Choice for Payment-Focused Investors
Remittix (RTX) is quickly becoming a standout in 2025 as investors move away from the choppy performances of legacy coins like Bitcoin and Ethereum and toward projects delivering real utility. While BTC and ETH battle macro headwinds and tapering momentum, Remittix is capturing fresh capital thanks to its focus on fast, low-cost cross-border payments.
With more than 528 million tokens already sold at $0.0757 apiece, the presale alone signals strong conviction behind this payment-focused DeFi project.
What makes Remittix different is its direct appeal to the underbanked population—people with limited or no access to formal financial institutions. Through its PayFi solution, Remittix lets users convert crypto from their wallets into fiat currency that can be withdrawn at physical cash points. No banking app. No five-day wait. Just instant access to usable money, even in rural regions.
This practical, boots-on-the-ground approach is why analysts are calling Remittix one of the best crypto alternatives to watch in 2025. While BTC’s resistance looms at $85,000 and ETH struggles to maintain DeFi dominance, Remittix has been quietly building a payment network with the potential to 10x in value, based on current projections and demand.
Its hybrid infrastructure brings privacy, control, and speed into a single interface. Instead of chasing speculative narratives, Remittix is responding to a real market need: giving people direct, quick access to their money without jumping through regulatory or technical hoops.
With investors increasingly asking what crypto can do, not just what it can promise, Remittix delivers a clear answer. As Bitcoin hovers and Ethereum slides, Remittix continues to rise—offering utility over volatility, and growth that feels grounded in purpose.
Discover the future of PayFi with Remittix by checking out their presale here:
The post Could Bitcoin Be Heading To $50K & Ethereum To $700? Where Are Investors Finding Gains In 2025? appeared first on Coinpedia Fintech News
Bitcoin and Ethereum are showing signs of fatigue in 2025, with analysts raising concerns that BTC could retest the $50K range and ETH may fall toward $700. As market volatility lingers, traders are shifting attention to more promising assets with real utility. Projects like Remittix are gaining ground, offering stable use cases amid market uncertainty. …
