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Bitcoin faced a rare historical trend as long liquidations showcased new negative milestones. Trade tensions have caused market-wide jitters, affecting the spot Bitcoin ETF market. Investors remain watchful as Bitcoin rebounded above $82,000 on the paused tariff war.
WLFI is losing money on its Ethereum holdings as the price selloff grows. Although selloff chances are high, WLFI is highly pro-crypto. Ethereum price rebound is imminent after latest bottom set-up.
The XRP network just hit a major adoption milestone in the number of addresses. XRP is in the spotlight amid major validation from industry leaders. With the higher prospect of XRP ETF, the boost for price rebound remains visible.
- 10:01DWF Labs Announces Becoming Market Maker for JST TokenAccording to official news, DWF Labs has announced a collaboration with JUST DAO to invigorate the JST market. As a market maker for JST, DWF Labs will aid in the comprehensive upgrade of the JUST ecosystem.
- 09:20Circle Receives In-Principle Approval from Abu Dhabi Regulator to Operate as a Money Services ProviderApril 29 news, according to TheBlock, the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted in-principle approval to stablecoin issuer Circle, allowing it to operate as a money services provider. This move follows Circle's establishment of a new legal entity within ADGM in December 2024, aimed at expanding its global business presence in the Middle East and Africa regions.
- 09:20Standard Chartered: Three Reasons BTC May Be in a New Rally and Hit New Highs This QuarterStandard Chartered analyst Geoff Kendrick has reiterated that despite Bitcoin's decline at the beginning of this year, three major reasons will drive Bitcoin into a new rally this quarter and reach new historical highs: 1. Economic turmoil increases Bitcoin's appeal, with the shift of funds among safe-haven assets already underway. Funds are moving from gold ETFs to Bitcoin ETFs, indicating that investors are starting to view Bitcoin as a better safe-haven asset than gold. 2. Buying behaviors triggered by tariffs show that "Bitcoin whales" (investors holding more than 1,000 bitcoins) have been accumulating Bitcoin during price drops caused by tariffs. 3. More catalysts are forming, such as the increased purchase by pension funds and sovereign wealth funds. Previously, Trump has highlighted that stablecoin legislation may be introduced this summer.