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Despite recent market turmoil, major Bitcoin ETF issuers are acquiring large amounts of BTC, suggesting confidence in future demand and potential market stabilization.
Solana faces intense bearish pressure, plunging below support with strong downtrend signals from Ichimoku and BBTrend. A retest of February lows looms unless momentum shifts fast.
As traditional markets show clear signs of an impending recession, the crypto space is not immune from damage. Liquidations are surging as the overall crypto market cap mirrors declines in the stock market. Even though the source of these problems is localized to the US, the damage will have global implications. Traders are advised to …
Bitcoin Futures have surged past $100 billion in open interest, showing strong activity from institutional and retail traders. Whales are increasingly taking short positions even as Bitcoin trades above $85,000, diverging from retail sentiment. Altcoin markets are seeing reduced long interest from whales with XVG and ALICE being rare exceptions showing bullish positions.
Wormhole enters April at a crossroads, with weakening momentum and a looming token unlock adding pressure. Traders eye $0.089 as the breakout pivot in an uncertain landscape.
- 16:31Ghana Plans to Regulate Digital Assets by September 2025Ghana is venturing into cryptocurrency regulation, with the Bank of Ghana Governor Johnson Asiama announcing plans to regulate digital assets by September 2025, ahead of the introduction of the Virtual Asset Providers Bill. Recognizing the inevitable rise of blockchain, the Bank of Ghana will establish a dedicated digital assets department. This marks a shift from its 2018 stance warning against the use of cryptocurrencies.
- 16:30Trump: Tariffs Will Significantly Reduce Many People's Income TaxesAccording to Jinshi, Trump recently posted on social media that when tariffs take effect, many people's income taxes will be significantly reduced, and they may even be completely eliminated. The focus will be on individuals with an annual income below $200,000. In addition, a large number of jobs are already being created, and new factories and workshops are being built or planned. This will be a major benefit for the United States, and we are achieving "external revenue services."
- 15:55Crypto Journalist Eleanor Terrett: ProShares' Three XRP ETFs Are Not SpotCrypto journalist Eleanor Terrett stated on the X platform that the three XRP ETFs from ProShares are not spot products but rather an application for futures and leveraged/inverse products. These products do not require "approval" from the U.S. Securities and Exchange Commission like spot products do. They will become effective unless the SEC raises any objections within a certain period after the application is submitted.