Author: William

Bitcoin Price Holds Above $84,000 as MicroStrategy and Kiyosaki Back Bullish Sentiment Bitcoin price holds above $84,000, showing strong recovery from last week’s dip to $76,000. Buyers have taken control again, with support from an ascending trendline and the 50-period EMA at $82,530 keeping momentum intact. The technical setup is still bullish, signaling possible upside in the near term. Among the greatest confidence enhancers? MicroStrategy is back on its BTC purchasing binge. The company added 22,048 BTC on March 31, bringing its total holdings to an astounding 528,185 BTC. This gives them an unrealised profit of more than $8.6 billion—a…

FDUSD Stablecoin Attestation Report Verifies Full Asset Backing, Dispelling Misappropriation Allegations FDUSD Stablecoin Attestation Report published on April 14 confirms that the total supply of 2.58 billion FDUSD tokens is fully backed by equivalent reserves, assuring users of the token’s financial integrity amid swirling fraud allegations. First Digital Labs published the report, which states that the stablecoin’s reserves consist of $1.74 billion in U.S. Treasury bills, $603 million in overnight repurchase agreements, and other sums spread over several fixed deposits in several countries. Reportedly, all assets are kept in bankruptcy-remote accounts, so guaranteeing separation from company activities and therefore strengthening…

Andrew Kang Bitcoin Bet Doubles to $200M Following Trump Trade Policy Shift and Bullish Momentum Andrew Kang Bitcoin bet has now reached a staggering $200 million, according to on-chain analysis shared by Arkham Intelligence on April 12, 2025. The Mechanism Capital founder appears to be doubling down on his bullish conviction, having opened a second $100 million leveraged long position on Bitcoin—just three days after his initial wager of the same size. According to Arkham’s blockchain data, the wallet linked to Kang now has a leveraged Bitcoin position with an estimated $6.8 million in unrealised possible gains or losses. Many…

Mantra Token Crash Sparks Market Chaos as Project Denies Insider Trading and Blames Reckless Liquidations Mantra token crash sent shockwaves through the crypto market on April 13, 2025, as OM, the native cryptocurrency of the MANTRA blockchain, plummeted by over 90% in just one day. Dropping from $6.30 to below $0.50, the event erased more than $6 billion from its market capitalization and left the decentralized finance (DeFi) community questioning the stability of real-world asset (RWA) tokenization platforms. Many traders called the Mantra token drop a “rug pull” since it happened over a weekend session with minimal liquidity, hence aggravating…

Bitcoin Technical Analysis Suggests Consolidation With Bullish Bias as Traders Eye $88K Breakout Bitcoin technical analysis shows a market poised at a pivotal juncture as BTC traded at $83,681 on April 13, 2025. With a market capitalization of $1.66 trillion and a 24-hour trading volume of $26.01 billion, Bitcoin is moving within a tightening consolidation zone. This comes after BTC bounced from a recent low of $74,434, approaching the critical resistance at $88,000. Though slowly, Bitcoin is quietly recovering on the daily chart, trapped between significant support at $74,000 and resistance close to $88,000. Often a harbinger to accumulation or…

Bitcoin Price Surge Continues as Investors Seek Safe-Haven from Economic Uncertainty and Trump’s Tariff Shock Bitcoin price surge has once again captured global attention, pushing BTC above the $83,000 mark as investors hedge against mounting stagflation fears and geopolitical risks. The latest rally, representing over a 5% gain this week, follows a wave of economic anxiety triggered by President Trump’s massive 145% tariff increase on Chinese imports—a move that has reignited fears of supply chain instability, rising inflation, and sluggish growth. Economic stress is clear given the University of Michigan’s consumer mood index falling to 54.0—its lowest in almost six…

Bitcoin Maturing as Macro Asset as It Shows Resilience During U.S. Tariff-Led Market Turmoil Bitcoin maturing as macro asset is a theme gaining traction as the world’s leading cryptocurrency demonstrates unexpected resilience amid global economic turbulence. This observation, shared by James Toledano, COO of Unity Wallet, comes in the wake of a sharp global sell-off triggered by the U.S. government’s announcement of “reciprocal” tariffs on over 100 countries. Historically noted for its strong volatility and association with risk assets, bitcoin (BTC) astonished many observers with its measured reaction during the current market decline. While the other financial markets—including stocks—saw a…

Japan Crypto Regulation Paper Outlines New Asset Categories and Future Legal Reforms Japan Crypto Regulation is entering a new phase as the country’s Financial Services Agency (FSA) releases a comprehensive discussion paper aimed at restructuring the regulatory framework around digital assets. Published on April 10, 2025, the paper titled “Examining the Structure of Regulatory Frameworks Related to Crypto Assets” lays the foundation for a more organized and transparent crypto market in Japan. Stakeholders and the public are invited to provide feedback until May 10, marking a key participatory step in shaping the nation’s digital finance policy. The main idea of…

XRP Price Analysis Points to Bullish Momentum with Eyes on $2.60 Target XRP Price Analysis on April 9, 2025, reveals growing bullish momentum as the token trades at $2.07, showing a 24-hour volume of $8.12 billion and a market cap of $121 billion. XRP fluctuated between $1.73 and $2.086, illustrating high volatility and active trading behavior across major timeframes. XRP had an explosive rise followed by consolidation on the 1-hour chart, creating a short-term bullish scenario. Increased trading activity confirmed a breach above $1.85 towards $2.086, hence verifying substantial purchasing intent. $2.00 to $2.05 presently serves as a main support…

Bitcoin ETF Outflows Continue Even as Global Markets Rebound on Tariff Pause Bitcoin ETF Outflows are dominating headlines once again, with the trend extending despite a broad global market rally fueled by President Trump’s decision to pause new trade tariffs. On April 9, U.S. spot Bitcoin ETFs recorded a staggering $127.12 million in net outflows, even as the Nasdaq saw its best day since 2001. This divergence between traditional markets and crypto investment vehicles highlights the unique behavior and evolving maturity of institutional crypto assets. Leading the departure was BlackRock’s IBIT, which lost $89.71 million; Grayscale’s GBTC followed with a…