Tron founder Justin was one of the speakers at the Bitcoin 2025 conference during a panel discussion. During his speech, the crypto founder commented on Donald Trump’s impact on Bitcoin and the crypto industry, describing the president’s support as being genuine. Justin Sun Comments On Donald Trump’s Impact So Far During the Bitcoin 2025 conference, the Tron founder asserted that Donald Trump has really shown his commitment to Bitcoin and the whole crypto ecosystem. He further remarked that the BTC price would have been unable to surge past the $100,000 market without the president’s influence. In line with this, Sun opined that Trump’s support is really enormous and important to the whole crypto industry. Indeed, the Bitcoin price surged past the psychological $100,000 mark for the first time last year following the president’s victory over Kamala Harris in the November presidential elections. Sun’s statement comes following the Trump crypto dinner,… Read More at Coingape.com
XRP continues to show strength despite recent market volatility. While Bitcoin experienced sharp moves, XRP’s price action has remained relatively stable. As of now, XRP is trading around $2.20, with strong support forming between $2.17 and $2.23.
Looking ahead to next week, several key economic events could cause short-term swings in the broader crypto market. On Wednesday, investors will closely watch the core PCE inflation report and GDP data, followed by jobless claims and manufacturing PMI on Thursday. Friday’s unemployment data will round out the week. Although this data can trigger intraday volatility, analysts believe it is unlikely to shift XRP’s long-term trend unless results differ significantly from forecasts.
From a technical perspective, XRP remains within a broader trading range, despite recent lower highs and lower lows. Analysts suggest this movement still supports the idea of consolidation rather than a full downtrend. XRP might briefly dip toward $2.05, but a continuation to $2.35 or $2.40 appears more likely if current support levels hold.
Volume for XRP remains relatively low, but its 84% correlation with Bitcoin means it may mirror BTC’s movements in the short term. For now, XRP is holding steady, and unless there is a major shift in macroeconomic data, it may see gradual upward movement in the coming days.
The post XRP Price Prediction And Analysis For April 27 appeared first on Coinpedia Fintech News
XRP continues to show strength despite recent market volatility. While Bitcoin experienced sharp moves, XRP’s price action has remained relatively stable. As of now, XRP is trading around $2.20, with strong support forming between $2.17 and $2.23. Looking ahead to next week, several key economic events could cause short-term swings in the broader crypto market. …
A suspicious post from John Deaton’s X account has raised concerns of a possible hack. This prompted Ripple Labs’ Chief Technology Officer to issue a public warning, advising followers to refrain from engaging with the account. He placed the embargo until John Deaton could confirm that the account was compromised.
Suspected Post from John Deaton
In a recent development, well-respected crypto lawyer John Deaton, taking to the X platform shared a message promoting Arch Public, a cryptocurrency-related platform.
As detailed, the post also tagged notable names like crypto exchange Gemini, making it appear like an endorsement. However, long-time followers of Deaton found it strange.
As his previous social media post shows, John Deaton is widely known for defending XRP holders and supporting regulatory clarity in crypto. He recently advocated for releasing Hinman documents in a crypto case for more clarity
His usual posts focus on legal battles, industry policy, and crypto rights. However, the Arch Public post stood out. Some market participants mentioned that it lacked any background, explanation, or context that normally comes with his advocacy updates.
The Ripple CTO Flag and Community Reaction
It is worth noting that the gap in tone and content is what made Ripple CTO David Schwartz step in. Commenting on the post, he warned John Deaton’s followers and the community not to trust the message until Deaton confirmed it was real.
According to the CTO, the post looked wrong in many ways, and he urged the lawyer’s 354,000 followers to remain cautious.
His concern sparked reactions from other users. Many began questioning whether Deaton’s account had been taken over, especially with the unusually long silence. Others shared screenshots of the post, highlighting the red flags in its writing.
Meanwhile, in his recent X post, Deaton appreciated the community’s concern but pointed out some misinformation. He promised to go live on X at 3 PM EST on April 16, 2025, to address any questions.
Crypto Hacks Soar in the Industry
This incident comes amid a wave of recent hacks in the crypto space. According to reports earlier this week, KiloEx, a decentralized exchange, lost $7.5 million.
According to the update, hackers exploited weaknesses in the platform’s pricing mechanism. This hack ultimately led to a sharp drop of nearly 32% in the value of its native token, KILO.
The attack targeted BNB Smart Chain, Base, and Taiko, three core blockchains supporting KiloEx’s multi-chain operations.
As reported by CoinGape, on April 15, zkSync suffered a breach as well. Hackers got into an airdrop admin account and minted 111 million ZK tokens, which caused the price of the token to drop by 12%.
Pi Network (PI) is entering May with mixed technical signals. Momentum indicators point to a strong downtrend, while money flow hints at potential accumulation. The ADX has surged above 50, signaling a powerful bearish trend.
At the same time, the Chaikin Money Flow (CMF) has turned positive for the first time in weeks, suggesting early signs of renewed buying interest. However, with short-term EMAs still trending below long-term ones, PI must hold key support at $0.547 to avoid deeper losses.
Pi Network Enters Strong Downtrend as ADX Spikes Above 50
At the same time, the breakdown of directional indicators suggests that the dominant trend is bearish.
The +DI, which measures upward movement, has dropped sharply from 15.88 to 4.61, while the -DI, which tracks downward movement, has climbed significantly from 23 to 45.
This widening gap between the +DI and -DI reinforces the view that Pi Network is in a strong and accelerating downtrend. Unless buying pressure returns soon, the technical indicators suggest further downside may be ahead.
PI CMF Hits Highest Level Since Mid-April
Pi Network’s Chaikin Money Flow (CMF) has climbed to 0.06, up from -0.08 just one day ago, marking its highest level since April 14.
The CMF is a volume-based indicator that measures the flow of money into or out of an asset over a specified period. It ranges between -1 and +1, with values above 0 indicating buying pressure (accumulation) and values below 0 signaling selling pressure (distribution).
Sustained readings in positive territory often suggest that market participants are starting to accumulate the asset.
With PI’s CMF now at 0.06, this shift signals a potential change in sentiment, showing that more capital flows into the token after a period of outflows.
While the level is still relatively low, the move into positive territory and its multi-week high could suggest that bearish momentum is weakening.
Pi Network Faces Key Support Test as EMA Structure Remains Bearish
Pi Network is currently in a bearish technical setup, with its short-term Exponential Moving Averages (EMAs) sitting below the long-term EMAs—a structure that typically signals ongoing downward momentum.
The token has dropped over 12% in the past seven days, reflecting increased selling pressure. If the correction continues, PI may soon test the immediate support level at $0.547.
A breakdown below that could open the door to a deeper decline toward the $0.40 range.
