FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto investments, creating new opportunities in the rapidly evolving crypto space.
Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act – a bipartisan bill designed to regulate stablecoins in the United States.
O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into a political weapon against Donald Trump.
O’Leary: Warren Is Politicizing a Vital Crypto Bill
As crypto regulation becomes a bigger part of U.S. policy, O’Leary argues that Warren is distracting from the GENIUS Act’s core purpose. He says the bill is about modernizing the American financial system through properly regulated stablecoins – not about Trump or meme coins.
In a post on X, O’Leary stressed that the bill has nothing to do with Trump and warned that dragging politics into the conversation could hurt the country’s ability to lead in global finance.
According to him, the GENIUS Act is a step toward strengthening the U.S. dollar’s role in digital payments around the world. He believes Warren’s opposition risks slowing innovation and letting countries like China pull ahead in the race for financial dominance.
“This is about establishing the U.S. dollar as the default currency for global price discovery,” O’Leary said, dismissing Warren’s claims as “completely deranged.”
Warren’s Opposition to the GENIUS Act
Senator Warren opposes the bill, citing its ties to a $2 billion MGX-Binance deal involving USD1 which is a Trump-linked stablecoin.
She cautions that exemptions for senior officials, including the president, could give birth to corruption, claiming the bill risks “greenlighting the grift.”
Warren argues that the bill could allow Trump to regulate his own financial product, undermining transparency and public trust.
GENIUS Act Moves Forward with Bipartisan Support
Despite Warren’s strong pushback, the GENIUS Act recently passed a key Senate hurdle. Several Democrats who were initially skeptical have now supported a revised version of the bill.
The bipartisan support signals growing momentum for establishing clear regulations for stablecoins – something many in the industry believe is essential for the future of digital finance in the U.S.
You can best believe that the debate is not over.
The post Shark Tank’s Kevin O’Leary Slams Senator Warren Over GENIUS Act: “Un-American and Dangerous” appeared first on Coinpedia Fintech News
Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act – a bipartisan bill designed to regulate stablecoins in the United States. O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into …
Fartcoin price has become one of the best-performing cryptocurrencies this month. It has surged by over 170% in the last 30 days, outperforming the stock market and top coins like Bitcoin and Ethereum. Fartcoin is still showing bullish signs, a trend that may be boosted if Solana price surges to $200.
Fartcoin Price Would Benefit if Solana Surges to $200
The ongoing Fartcoin surge has triggered more upside for some popular Solana meme coins. Dogwifhat has jumped by 37% in the last seven days, while Popcat, Cat in a dogs world, and Gigachad have soared by 20% and 50%, respectively.
The rally has also sparked a substantial Solana price comeback. After bottoming at $94.5 earlier this month, SOL has soared by 40% to $135, outperforming comparable tokens like Cronos and Avalanche.
This Solana rally has excited some crypto investors, some whom expect it to rebound to $200 eventually. Such a move would signal a 50% surge from the current level. Such a rebound is possible since the coin has a history of dropping and rising over time.
For example, Solana price crashed to $168 on January 13 and then recovered by 75% to $295 a few days later. Also, as shown below, Solana plunged to $109 in August last year and then soared by 140% to $265 a few months later.
A renewed Solana surge would be highly bullish for meme coins in its ecosystem like Fartcoin, Bonk, and Dogwifhat.
Solana Price Chart
Fartcoin Technical Analysis and Key Targets
Fartcoin price has soared after bottoming at $0.19 in March. It has soared by over 300%, making it the best-performing major coins in the market, and pushing its market cap close to the $1 billion mark.
The token moved above the key resistance point at $0.6345 on April 9. This was a notable level since it was the upper side of the cup and handle pattern, a highly accurate continuation sign.
This C&H pattern had a depth of 71%. The coin has now moved above the 25-day Exponential Moving Average (EMA), which is a bullish sign.
Therefore, measuring 71% from the upper side of the cup brings the target price at $1.0730, which also coincides with the 61.8% Fibonacci Retracement level. That target would be a 20% above the current level. A move above that target would point to an increase to the 50% retracement point at $1.3732. A recent CoinGape article quoted an analyst who predicted that Fartcoin would soar to $1.29.
Fartcoin Price
The bullish Fartcoin price forecast will be canceled if the price drops below the crucial support at $0.6345, the upper side of the cup. It would signal a potential drop to the lower side of the cup at $0.2125.
Ethereum price shot up nearly 17% on April 22 and 23, but this optimism is dampened as crypto pundit outlines a potential correction to April 8 swing low of $1,380. This scenario is based on a key fractal that occurred in the past for ETH.
Ethereum (ETH) is down 2.26% today after a near-17% rally between April 22 and 23. The price currently trades at $1,754 after facing a stiff rejection at the 50-day Moving Average (MA). Analysts and traders’ expectation is a bearish short-term Ethereum price prediction before ETH bulls restart the uptrend.
ETH/USDT 4-hour chart
Will Ethereum Price Correct?
As noted above, Ethereum price has hit the blue line at $1,819, which is the 50-day MA. Rejection from this level has led to a 2.26% correction today, which could extend depending on the current state of Bitcoin and the geopolitical tensions due to Trump’s tariffs.
Although the recent uptrend was impressive, the chances of a short-term correction are high. The Relative Strength Index (RSI) just above 50 is producing a top, hinting at a correction, aka a decline in bullish momentum. The lagging Awesome Oscillator (AO) is also approaching the zero line, with receding green histograms, indicating a decline in bearish momentum.
A spike in selling pressure here could drop ETH down to $1,600 which is the 16% rally’s origin.
According to crypto trader RektProof and his Ethereum price fractal, a potential correction that crashes ETH back to the April 8 low of $1,380 is also possible.
Pundit Reveals Revisit of $1,300 is Not Unlikely
In a recent X post, crypto trader RektProof noted an Ethereum price fractal that had a similar uptrend that was followed by a steep correction. The crypto pundit adds “Being mindful with setups incase we start trading below.“
Although RektProof did not explicitly mention that ETH’s value will drop, he is considering the possibility of key levels to watch if the recent run-up may come undone.
ETH/USDT Ethereum price fractal
Key ETH Price Levels to Watch
The first key level to watch is $1,660, which is a level that should hold. If there isn’t proper reaction as price approaches this level, investors can expect price to slide lower.
$1,380 is the next key point of interest, which coincides with higher timeframe equal lows. A sweep of this level is where the fractal suggests Ethereum price could form a bottom and restart the uptrend.
In conclusion, the outlook for Ethereum price is bullish after a near-17% rally, but a potential correction could be incoming. A failure to hold the aforementioned support levels could lead to steep crashes.
