FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits against those who remain unresponsive. The company urges these parties to engage promptly to avoid further legal action.
Paul Atkins, President Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission (SEC), recently addressed the Senate Banking Committee on March 27, calling for a clear and supportive framework for the cryptocurrency market.
He said, “Since 2017, as I have led industry efforts to develop best practices for the digital asset industry, I have seen how ambiguous and non-existent regulations for digital assets create uncertainty in the market and inhibit innovation.”
Atkins said that a top priority of his chairmanship will be to work with his fellow commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach.
He criticized outdated rules that block innovation and said vague policies have undermined investor confidence. Atkins vowed to create a framework that encourages growth, technology, and investor protection, aligning with Trump’s vision for global leadership in digital assets.
“It is time for the SEC to return to its core mission that Congress set out for it: investor protection; fair, orderly, and efficient markets; and capital formation,” he added.
Atkins, a former SEC commissioner and current CEO of Patomak Global Partners, opened up about the need for regulatory clarity in the rapidly growing digital asset space.
“I am eager to get to work for American markets and investors. Should I be confirmed, my goal will be to ensure that the United States is the best and most secure place in the world to do business and for Americans to invest their hard-earned dollars to save and provide for their future,” he explained.
The post What’s Next for Crypto After Ripple, Coinbase Dismissals? Incoming SEC Chair Paul Atkins Speaks appeared first on Coinpedia Fintech News
Paul Atkins, President Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission (SEC), recently addressed the Senate Banking Committee on March 27, calling for a clear and supportive framework for the cryptocurrency market. He said, “Since 2017, as I have led industry efforts to develop best practices for the digital asset industry, I …
On-chain data shows whales have been accumulating Ether relentlessly in the last few days.
ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction.
Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months.
Ethereum (ETH) price followed Bitcoin (BTC) in a bullish outlook on Tuesday, April 22, potentially ending a multi-week market correction. The large-cap altcoin, with a fully diluted valuation of about $205 billion, recorded a 36 percent surge in its 24-hour average trading volume to hover about $20B at the time of this writing.
For the first time since April 6, Ether’s price rallied beyond $1.7k on Tuesday during the mid-North American session.
Ethereum Whales Gradually Returns
According to market data from Intotheblock, Ethereum’s adoption rate has gradually grown, signaling potential decoupling from crazy speculation. The rising tokenization of real-world assets (RWAs) on the Ethereum network has helped increase on-chain activity and attract more whale traders.
On-chain data by Lookonchain shows a whale investor has accumulated 48,477 ETH from crypto exchanges since Feb 15, and is currently sitting on a loss of about $21 million. Meanwhile, cash outflow from U.S. spot Ether ETFs has significantly declined in the past few days, signaling growing market confidence.
Midterm Ether Price Target
For the first time since the second inauguration of U.S. President Donald Trump, Ether price, against the U.S. dollar pierced through the daily falling logarithmic trend. After establishing a robust support level above $1,500 in the past two weeks, Ether’s price is well primed for a market reversal.
From a technical analysis standpoint, the daily MACD indicator is approaching the bullish flippening zone. Meanwhile, the daily Relative Strength Index (RSI) has been forming a bullish divergence and a reversal will be confirmed if the indicator consistently closes above the 50 percent level.
The post Ethereum Price Analysis Today: key Short-term Targets for ETH to Consider Ahead appeared first on Coinpedia Fintech News
On-chain data shows whales have been accumulating Ether relentlessly in the last few days. ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction. Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months. Ethereum (ETH) price followed Bitcoin (BTC) …
Made in USA coins like Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals heading into the last week of April.
SOL is bouncing back with strong DEX volume, SUI is gaining ecosystem momentum despite price weakness, and AERO is under pressure as Base experiments with a new “Content Coins” narrative. From recovery rallies to ecosystem expansion and narrative shifts, each offers a unique setup to watch this week.
Solana (SOL)
Over the past seven days, Solana has climbed 6%, reclaiming the $130 level and reigniting bullish sentiment after correcting by 53% between February 7 and April 7.
If this positive momentum holds, SOL could challenge resistance at $147. A decisive break above that level may lead to further gains toward $160 and potentially $180.
However, if the rally stalls, support at $124 becomes critical. A drop below that could push prices down to $112, risking the recent recovery.
SUI
The SUI ecosystem has gained notable traction over the past few days, driven by a surge in meme coin activity and a spike in decentralized exchange (DEX) usage.
SUI reached $2.14 billion in DEX volume, placing it 6th among all chains and even surpassing Arbitrum’s daily volumes on several occasions.
Despite the ecosystem buzz, however, SUI’s price has struggled to keep up with the momentum.
Over the last seven days, SUI has dropped more than 9%, showing signs of a deeper correction. If the downtrend continues, it could test the key support at $2.02, with further downside toward $1.71 if that level breaks.
On the flip side, a bullish reversal could send SUI toward resistance at $2.28. A breakout there opens the door to $2.41, $2.54, and potentially $2.83 if the rally gains strength.
Aerodrome Finance (AERO)
Aerodrome, the leading decentralized exchange focused on the Base chain, has generated $6.38 million in fees over the past 30 days, solidifying its position as the backbone of Base’s DeFi activity.
Despite its dominance, AERO has been under pressure, falling over 10% in the last seven days and more than 20% in the last month.
At the same time, Base is pushing a new narrative centered around “Content Coins,” though some users argue they resemble meme coins more than a distinct innovation.
Base’s DEX volume has dropped 21% in the past week, but if the “Content Coins” trend gains traction, it could reignite interest in the ecosystem—and in AERO.
Should momentum return, AERO could climb to test resistance at $0.414, with potential upside toward $0.47 and $0.54 if the rally is strong.
On the downside, if bearish pressure continues, support at $0.36 is key. A breakdown there could lead to further losses toward $0.34 and possibly $0.28, making the coming weeks critical for AERO’s direction.
