دسته: تحلیل خبری

  • Two Titans in the Making— Why AurealOne and DexBoss Deserve Your Watchlist!!

    Two Titans in the Making— Why AurealOne and DexBoss Deserve Your Watchlist!!


    Exploring Promising Crypto Projects: AurealOne and DexBoss

    Current investors face numerous challenges to select the right crypto opportunities due to the high number of regularly launched projects in the market. Investors should monitor the progress of AurealOne and DexBoss since both projects show potential. Active investors can currently benefit from acquiring tokens at lower prices through pre-sale phases of these projects. This article examines two crypto projects because of their rising popularity in the market.

    AurealOne: Revolutionizing Blockchain Gaming

    AurealOne was developed to fulfill the unique requirements within the gaming space as well as the metaverse domain. The alenetwork AurealOne delivers blazing transaction speeds alongside minimal expenses for operating costs which transforms it into a suitable solution for immediate gameplay and digital asset trades. AurealOne reaches its performance goals through Zero-Knowledge Rollups which scales the network without diminishing security levels.

    The Role of DLUME Token

    DLUME token serves as the central economic value within AurealOne. The platform token DLUME functions as both payment method in gameplay and stake mechanism and democratic governance system. The DLUME token inherits its utility from being staked by users for both reward earnings and decision-making power on platform development through governance participation. DLUME token functions across multiple games on the network and deepens its presence as essential core platform functionality.

    AurealOne’s Pre-Sale Strategy

    The pre-sale of AurealOne spans twenty-one deals that raise the price rate from $0.0005 to $0.0045. AurealOne’s pre-sale attempt targets a total of $50 million while it provides bigger token allocations to early participants to improve their motivation. The funding strategy uses a specific pricing schedule that simultaneously pays for project expenses and encourages initial support allocations. The value of DLUME tokens will increase as more users and developers join the platform as it continues to grow.

    Clash of Tiles: A Sneak Peek into AurealOne’s Potential

    AurealOne’s flagship game, Clash of Tiles, serves as a proof of concept for the platform’s capabilities. Through Clash of Tiles the game shows how AurealOne provides technological support for interactive blockchain-based gameplay. AurealOne introduced its flagship game which starts the development of a bigger digital universe through multiple gaming projects that expand the AurealOne ecosystem.

    DexBoss: Simplifying DeFi with Cutting-Edge Features

    DexBoss develops tools through which decentralized finance (DeFi) becomes available to users who may not have extensive experience with crypto markets. The platform provides utilization of a user-friendly interface which functions for traders with different skill levels. DexBoss provides users with margin trading alongside liquidity farming and premium liquidity pool access to maximize their investments in a straightforward way through DeFi.

    The Power of $DEBO Token

    The DexBoss platform functions through the core element of the $DEBO token. The $DEBO token serves to stake platform resources as well as affords governance responsibilities and earns rewards from liquidity pools thereby granting owners ownership benefits in community growth. DexBoss tokenomics combines with methods to maintain sustainability while giving initial participants financial benefits. The $DEBO token functions as both a transaction enabler and as a platform basic that lets users interact with finite financial features.

    DexBoss’s Pre-Sale Phases

    The 17 rounds of $DEBO pre-sale begins at $0.01 before moving progressively to $0.0505. The platform has established tactics to disperse tokens totaling $50 million through a format that supports the enduring development of the platform. Through a structured early sale investors enjoy reduced pricing during periods that teach them increased platform value as the platform develops.

    Innovative DeFi Tools and Features

    The trading interface at DexBoss enables users to access deep liquidity pools in addition to margin trading and farming features. The platform offers tools which enable users to boost their returns making it suitable for capitalizing on DeFi market growth opportunities. DexBoss provides swift operations paired with potent assistance to support users at different skill levels within the DeFi domain.

    Why These Projects Could Be the Next Big Thing

    The blend of gaming and metaverse specialization at AurealOne matches exactly the main growth sectors of blockchain technology. The future of digital entertainment will receive considerable shape from AurealOne’s platform because both the metaverse sector and gaming industry continue their growth trajectory.

    DexBoss, with its intuitive platform and DeFi-focused tools, offers a comprehensive solution for crypto traders and investors. The simplified DeFi approach of DexBoss positions the project at the forefront of its marketplace to attract both novices and professionals.

    Final Thoughts: Are AurealOne and DexBoss Worth Investing In?

    The most exciting crypto assets that are available in pre-sale status are AurealOne and DexBoss. These platforms demonstrate promising prospects because they have solid tokenomics together with well-defined value propositions and aimed towards increasing user involvement. The ongoing expansion of these projects makes them promising competitors that could dominate their individual sectors—gaming and DeFi. Both projects possess growth potential which may enable them to compete with popular cryptocurrencies such as Bitcoin.

    However, the crypto landscape is extremely volatile. So, investors must proceed with caution.

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.



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  • Binance Forces India Users to Update KYC Details After ₹188M AML F…

    Binance Forces India Users to Update KYC Details After ₹188M AML F…


    YEREVAN (CoinChapter.com) — Binance introduced a mandatory KYC re-verification process for all Indian users. This includes both current and new users. They must now update their details and link their Permanent Account Number (PAN).

    The company shared the update on April 18. In a post on X, Binance said,

    “Users in India may need to re-verify their KYC details, including linking their PAN.”

    Binance India KYC Re-Verification Notice. Source: Binance South Asia on X
    Binance India KYC Re-Verification Notice. Source: Binance South Asia on X

    This rule applies under India’s anti-money laundering (AML) law.

    The PAN is a 10-digit alphanumeric ID issued by the Income Tax Department. It is used for tax reporting and financial transactions. Binance stated this step is required by Indian law and is not exclusive to its platform.

    FIU Binance India Fine Reached ₹188.2M in 2024

    India’s Financial Intelligence Unit (FIU) fined Binance ₹188.2 million in 2024. The fine equaled around $2.2 million. Authorities said Binance failed to meet AML rules. As part of that enforcement, India also asked Apple to remove the Binance app from its App Store.

    Following this, Binance registered with the FIU. Since then, it has introduced new compliance steps, including this Binance India KYC re-verification.

    The company said user information will only be collected for legal compliance. According to its statement, Binance India KYC updates will not include data beyond what is needed under the AML law.

    As part of the Binance KYC update, all Indian users must now link their PAN card. This rule applies to both new and existing accounts. Without this, users may face restrictions.

    Binance Identity Verification Update India. Source: Binance Official Blog
    Binance Identity Verification Update India. Source: Binance Official Blog

    The PAN helps the government track financial activity, including cryptocurrency transactions. The new Binance India KYC requirement aims to align the exchange with India’s financial laws.

    Binance emphasized that this requirement is not unique. All crypto firms operating in India must follow the same regulations. The platform clarified this in its statement on X and through official channels.

    Crypto TDS India Investigation Targets Binance Users

    The Economic Times reported that India’s Income Tax Department is investigating some Binance users. Authorities want to know if traders used the platform to avoid the 1% Tax Deducted at Source (TDS).

    By law, crypto traders in India must either pay TDS or show documents proving exemption. Regulators are checking if Binance allowed users to bypass this rule.

    India has increased its focus on crypto TDS enforcement. This includes monitoring foreign platforms like Binance. The ongoing Binance KYC update is part of the response to that scrutiny.

    Binance said the update supports national AML goals. India crypto regulation now applies to both domestic and foreign platforms. This includes Binance and other global firms registered under Indian law.

    The Binance AML fine in 2024 triggered stricter rules for the exchange. Since then, Binance has worked to stay active in India while meeting regulatory conditions.



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  • Vietnam Launches Crypto Trading Pilot with Bybit to Regulate Boomi…

    Vietnam Launches Crypto Trading Pilot with Bybit to Regulate Boomi…


    YEREVAN (CoinChapter.com) — Vietnam’s Ministry of Finance has partnered with cryptocurrency exchange Bybit to test a regulated digital asset trading platform. The initiative introduces a sandbox model to study market behavior, compliance, and infrastructure within a controlled setting.

    On April 17, Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou in Hanoi. According to the official press release, Zhou confirmed that Bybit would assist with technical implementation, including transaction monitoring and anti-money laundering controls.

    Vietnam Bybit Crypto Partnership Meeting. Source: PR Newswire
    Vietnam Bybit Crypto Partnership Meeting. Source: PR Newswire

    The pilot does not name any specific cryptocurrencies yet, but Bybit’s core offerings include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), making them likely candidates.

    Regulatory Draft Expected in May

    The Finance Ministry plans to submit a draft resolution outlining the pilot’s operational model in early May. The document will define oversight mechanisms and criteria for evaluating the sandbox’s performance.

    Vietnam has previously studied digital asset frameworks in regions such as the UAE and Singapore. This pilot is the country’s first move toward applying those insights to a live trading setting.

    Data collected during the trial will inform broader legislation. The aim is to test real-time compliance, user behavior, and risk protocols.

    Vietnam’s Crypto Adoption Rate Among Highest Globally

    Vietnam ranks fifth worldwide in cryptocurrency ownership. Reports from Chainalysis and Triple A estimate over 17 million residents hold digital assets.

    Vietnam Ranks 5th in Global Crypto Adoption. Source: Chainalysis 2024
    Vietnam Ranks 5th in Global Crypto Adoption. Source: Chainalysis 2024

    Factors behind this high adoption include limited banking access and a growing population of tech users. Until now, activity in the crypto space has operated without official regulation, leaving users exposed to unvetted platforms and scams.

    This pilot aims to bring oversight to that market by building legal pathways for compliant platforms.

    Bybit Provides Technology and Compliance Support

    Bybit will supply core systems and advisory input to support platform infrastructure and governance. The exchange will also help design identity verification processes to align with Vietnam’s financial standards.

    Ben Zhou confirmed Bybit’s intent to work directly with government agencies. The company currently holds regulatory status in Dubai and Kazakhstan.

    Vietnam’s choice to collaborate with an international exchange reflects its strategy to draw on external expertise while shaping localized oversight.

    The sandbox format allows regulators to observe activity before writing permanent laws. It also lets participants trial new services without the constraints of full licensing.

    Several countries have used this approach to build crypto legislation incrementally. Vietnam will apply the same model to gather empirical data and define best practices tailored to its own financial system.

    Officials will monitor trading activity, system integrity, and operational risks under defined limits to ensure market safety.

    The pilot exchange may increase investor interest by offering a monitored, legal environment. It also signals Vietnam’s intent to participate in global financial technology shifts without delay.



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  • Dogecoin Holders Mark ‘Dogeday’ as SEC ETF Decisions Near Key Dead…

    Dogecoin Holders Mark ‘Dogeday’ as SEC ETF Decisions Near Key Dead…


    YEREVAN (CoinChapter.com) — Dogecoin holders marked April 20 as “Dogeday,” an unofficial community event tied to the token’s meme origins. The celebration started in 2021 during International Weed Day and gained popularity among Dogecoin supporters.

    Dogecoin holders now connect the day with significant developments. This year, attention focuses on the approaching decisions by the U.S. Securities and Exchange Commission (SEC) on several Dogecoin ETF filings. The timing adds weight to this year’s Dogeday.

    Dogeday Celebration Meme with Elon Musk and Doge. Source: Bitget
    Dogeday Celebration Meme with Elon Musk and Doge. Source: Bitget

    Dogecoin remains one of the top ten cryptocurrencies. Its current market capitalization stands at $23.3 billion, based on CoinMarketCap data from April 20.

    Dogecoin Inflation Rate Tops $2 Million Daily

    The Dogecoin network issues around 14.4 million DOGE every day. This volume results in a daily Dogecoin inflation rate exceeding $2.16 million. Despite inflation, Dogecoin holders continue to support the token, citing accessibility and familiarity.

    : Dogecoin ETF Countdown. Source: Bitget
    Top 10 Cryptocurrency Market Rankings April 20. Source: CoinMarketCap

    Dogecoin inflation differs from Bitcoin or Ethereum. The token has no cap on supply. Instead, about 5 billion DOGE are added each year. This steady increase keeps the price relatively low, often under $1, and contributes to its wide retail circulation.

    Dogecoin holders often emphasize the simplicity of the token’s use and branding. The token was created as a parody in 2013 but has developed a consistent user base.

    Dogecoin ETF Applications Await SEC Response

    The SEC has received four Dogecoin ETF proposals. These include the Bitwise Dogecoin ETF, Grayscale Dogecoin ETF, 21Shares Dogecoin ETF, and the Osprey Fund Dogecoin ETF.

    The SEC must respond to Bitwise’s Dogecoin ETF application by May 18. That deadline marks the end of the 75-day initial review under Rule 19b-4. However, the SEC can delay the process to 240 days. That extension would push a final decision to October 2024.

    Grayscale’s Dogecoin ETF application has a May 21 response deadline. The SEC already delayed this filing once earlier in the year. Both filings follow the standard ETF timeline.

     SEC Delay Notices on Crypto ETF Filings March 2025. Source: U.S. Securities and Exchange Commission
    SEC Delay Notices on Crypto ETF Filings March 2025. Source: U.S. Securities and Exchange Commission

    Meanwhile, the SEC has not released deadlines for the Dogecoin ETF filings submitted by 21Shares and Osprey. These two applications remain in the early review phase.

    The Dogecoin ETF decisions arrive at a time of ongoing debate around cryptocurrency-based investment products. The SEC recently delayed rulings on several altcoin ETF proposals.

    Dogecoin ETF approval timelines depend on standard SEC procedures. The agency may either accept, reject, or delay the applications during the extended period. As of now, no Dogecoin ETF has received final approval.

    Dogecoin holders continue to track the filings closely. The outcome may affect DOGE’s availability to a broader set of investors through regulated financial products.

    Dogecoin Retail Demand Linked to Price and Familiarity

    Dogecoin holders often cite the low unit price as a reason for continued interest. Blockchain author Anndy Lian told

    “Unlike Bitcoin or Ethereum, Dogecoin’s inflationary supply — adding roughly 5 billion coins annually — keeps prices accessible, typically under $1.”

    He added that the meme-based identity makes it relatable to internet-native users. The branding remains a factor in its staying power despite the lack of broader use cases or smart contract features.

    Dogecoin has no direct role in decentralized finance or real-world asset tokenization. However, it consistently ranks among the most talked-about digital assets online.

    Dogecoin Once Surpassed Porsche’s Market Cap

    In November 2024, Dogecoin briefly surpassed Porsche in market capitalization. The rise followed continued social media attention, including posts from Elon Musk. That surge placed Dogecoin above several established companies in market value.

    Despite that moment, Dogecoin’s performance remains driven by retail participation and community activity. Unlike platforms such as Ethereum or Solana, Dogecoin does not support decentralized applications or smart contract protocols.

    Still, Dogecoin holders remain active, particularly during events like Dogeday. The token’s community continues to engage in social media campaigns and track ETF developments as May deadlines approach.



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  • Charles Schwab Confirms Spot Crypto Trading Platform for 2026 Roll…

    Charles Schwab Confirms Spot Crypto Trading Platform for 2026 Roll…


    YEREVAN (CoinChapter.com) — Charles Schwab plans to roll out a spot crypto trading platform within 12 months. CEO Rick Wurster shared the update during the company’s recent earnings call. He said regulatory changes could soon allow direct crypto trading for Schwab clients.

    “Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto and our goal is to do that in the next 12 months and we’re on a great path to be able to do that,”

    Wurster said.

    Rick Wurster Sets Mid-2026 Bitcoin Launch. Source: RIABiz
                                              Rick Wurster Sets Mid-2026 Bitcoin Launch. Source: RIABiz

    Charles Schwab already offers exposure to Bitcoin futures and crypto ETFs. However, the upcoming platform would allow users to buy and sell cryptocurrencies directly. This change would place Schwab in direct competition with crypto exchanges like Coinbase and Binance.

    Wurster also stated that interest in the company’s crypto-related products is rising. He noted this demand as a reason for the expansion into spot crypto trading.

    Spike in Interest Around Charles Schwab’s Crypto Products

    Charles Schwab has seen a 400% increase in visits to its crypto-focused pages. Wurster revealed this data during the earnings call. He added that 70% of this traffic came from people who are not Schwab customers.

    This trend suggests high interest in Charles Schwab’s crypto products beyond its current client base. The firm believes direct spot crypto trading could attract new users.

    Currently, Charles Schwab offers Bitcoin futures and crypto ETFs. The upcoming platform would expand the firm’s product lineup and enable direct exposure to digital assets.

    The platform’s development follows broader shifts in investor behavior. More users are looking for access to digital assets through traditional brokerage firms.

    Rick Wurster Ties Schwab’s Crypto Expansion to Regulation

    Rick Wurster connected Charles Schwab’s crypto platform launch plan to ongoing changes in U.S. financial regulation. He pointed to the current administration’s efforts to create clearer rules for digital assets. These efforts include proposals and policy shifts from federal bodies that regulate financial markets.

    One of the main regulatory players is the U.S. Securities and Exchange Commission (SEC). In 2025, the SEC increased its focus on how crypto assets are traded, stored, and offered to investors. The agency is also working on defining which crypto assets fall under its jurisdiction and what rules apply to them. This affects how companies like Charles Schwab can legally provide crypto services.

    As regulation becomes more defined, Schwab believes it will be in a stronger position to enter the market with spot crypto trading. This type of trading allows customers to buy and sell actual cryptocurrencies, such as Bitcoin, in real time—rather than only gaining exposure through futures or ETFs.

    Wurster explained that the company is ready to move forward once regulators finalize the rules. If conditions align, Charles Schwab plans to launch the platform before mid-2026. Until then, Schwab is keeping track of the latest updates from agencies like the SEC and preparing to comply with all required legal standards.

    Charles Schwab Holds Custodial Role for Truth.Fi

    Charles Schwab is already involved in crypto through its role with Truth.Fi. The digital investment platform is part of Trump Media and Technology Group. Schwab acts as the custodian for crypto products offered on the platform.

    Truth.Fi plans to offer Bitcoin access, separately managed crypto accounts, and other digital asset services. Charles Schwab’s involvement in this project adds to its experience in handling crypto infrastructure.

    The custodial relationship with Truth.Fi shows Schwab is already active in the space while preparing its own trading platform. The partnership could also support its internal product development process.

    Industry Executives Respond to Schwab’s Spot Crypto Trading Plan

    Charles Schwab’s crypto expansion received attention from other financial industry leaders. Bitwise CEO Hunter Horsley commented on the plan. He called it a milestone in digital assets gaining ground in the traditional financial sector.

    Rachael Horwitz, Chief Marketing Officer at Haun Ventures, also reacted. She suggested Charles Schwab could explore crypto-collateralized lending in the future.

    “Schwab should implement crypto-collateralized lending as part of its banking services next,”

    Horwitz said.

    Charles Schwab Spot Crypto Trading Plans Shared by Analysts. Source: X @HHorsley
    Charles Schwab Spot Crypto Trading Plans Shared by Analysts. Source: X @HHorsley

    Schwab has not confirmed any new crypto banking features. The focus remains on regulatory readiness and launching spot crypto trading by 2026.



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  • Ethereum Faces Internal Shift But Price Stays Flat at $1600

    Ethereum Faces Internal Shift But Price Stays Flat at $1600


    YEREVAN (CoinChapter.com) — Ethereum price continues to stay at March 2023 levels, trading near $1,600 as of April 20, 2025. Despite community activity and changes within the Ethereum Foundation, there has been no major breakout.

    David Hoffman from Bankless said on April 19 that “the Ethereum ship is slowly turning around.” He claimed the shift began more than six months ago. His comment comes as Ethereum faces internal restructuring and attempts to improve scaling.

     Ethereum Strategic Pivot Visual. Source: Bankless
          Ethereum Strategic Pivot Visual. Source: X

    Uniswap founder Hayden Adams also joined the public discussion, focusing on Ethereum scaling and the ongoing roadmap debate. At the same time, the Ethereum Foundation has added new leadership roles.

    Ethereum Foundation Faces Leadership and Culture Shift

    The Ethereum Foundation experienced leadership issues earlier in 2025. Some developers left, while fear, uncertainty, and doubt (FUD) increased online. However, Ethereum still supports decentralized applications, stablecoins, real-world asset tokenization, and DeFi systems.

    David Hoffman pointed to six areas of internal change. First, the Ethereum Foundation has adopted a more active role by naming new co-executive directors. Second, it is shifting from a protocol-first to a product-first approach. Third, Ethereum developers plan to scale layer-1 by increasing gas limits tenfold over two years.

    Fourth, there is now broader participation in roadmap talks. Hoffman noted that Ethereum is opening up its “Ivory Tower” by including more voices in decision-making. Fifth, Ethereum is now focusing on interoperability and better integration between layer-1 and layer-2 networks. Sixth, roadmap cycles have become shorter, with a faster pace for protocol upgrades.

    Ethereum Foundation researchers Ansgar Dietrichs and Dankrad Feist confirmed in a recent podcast that the group is trying to help coordinate these changes. Hoffman said,

    “Parts of the Ethereum community have been pushing for this shift, while others have been resisting it.”

    He also said,

    “Ethereum is a big tent that holds space for many different voices.”

    Ethereum Scaling Debate: Hayden Adams Warns Against Mixed Strategies

    Hayden Adams added his thoughts on Ethereum scaling. He said,

    “I’m all for scaling improvements to L1, the rollup-centric roadmap actually requires it.”

    Adams said Ethereum should not rely solely on layer-1 for DeFi support, especially when other platforms like Solana offer strong scaling models.

    He argued Ethereum should stick to its existing rollup-centric layer-2 scaling approach. According to him, switching between strategies could create uncertainty.

    “People need to pick a lane and attempt to mitigate the risks associated with it vs scrambling to shift narratives and strategy every month,”

    Adams said.

    Hayden Adams on Ethereum Scaling. Source: X @haydenzadams
    Hayden Adams on Ethereum Scaling. Source: X @haydenzadams

    He also disagreed with the idea of using every possible scaling solution. He said doing everything at once could cause more problems than staying on a single path. “Just do every approach” is “probably the only thing worse than not picking an approach,” he said.

    Ethereum Roadmap Adjustments Do Not Reflect in Market Price

    Ethereum price remains around $1,600, showing no reaction to recent leadership changes or roadmap updates.

    While the network still supports most DeFi activity and real-world asset tokenization, its market value has not moved. Despite several public statements and structural adjustments, trading levels have stayed flat in recent weeks.

    Ethereum Price Stalls Near $1600. Source: TradingView
    Ethereum Price Stalls Near $1600. Source: TradingView

    Ongoing discussions continue to influence Ethereum’s development, but those changes have yet to affect price action.



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  • Dogecoin Price Analysis: False Breakout Could Trigger Rally, Despite Bearish Indicator


    A well-known cryptocurrency expert anticipated an upward trend for Dogecoin on Tuesday, after a false breakout in the dog-themed memecoin’s trend. 

    What Happened: A user on X named Trader Tardigrade, who is known for being very positive about Dogecoin, noticed that the coin made a fake breakout for the first time since December 2024.

    “It is remaining above the support zone for days, verifying the traits of a failed breakout,” the chartist mentioned. “A new DOGE rally could start from this failed breakout.” 

    False Breakout in Dogecoin

    False breakouts happen when the price moves in a way that makes traders assume that a trend is changing, but then quickly reverses, causing big price changes in the reverse direction. In this example, Trader Tardigrade pointed out that Dogecoin stayed above the support level of $0.153, which led them to predict a price turnaround and a potential rise.

    dogecoin price analysis

    The positive outlook was reflected in DOGE’s future market as well. Around 55% of Binance traders with open DOGE positions were in the market, indicating anticipation for a recovery, according to the Coinglass data. 

    On the other hand, the Awesome Oscillator, a popular tool for tracking market momentum by comparing recent and past price movements, showed a “Sell” signal for Dogecoin, according to TradingView. Also, the Relative Strength Index, which helps identify whether a market is overbought or oversold, was showing a “Neutral” signal at the time.

    Why It Matters: The predictions surfaced as Dogecoin dropped overnight on Tuesday; the drop came during a wider market correction as the cryptocurrency market followed the stock futures, which dropped when news came out that China had imposed new restrictions on Nvidia’s chips.

    According to IntoTheBlock, High-value transactions worth above $100,000 surged 41% in the past 24 hours, while the daily engagement address count increased 35%. 

    Price Action: At the time of reporting, Dogecoin was transacted at $0.1558, which dropped 2.45% in the past 24 hours. So far this year, the meme coin has fallen by 51.96%.

    Read also:- Mantra CEO Commits to Burning $236M in Tokens After OM Price Plunge

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing. 

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  • XRP Technical Analysis: Is XRP On The Verge Of A Bullish Reversal?


    Main Takeaways:-

    • XRP has approached a downward trend line many times since January 2025; still, it is approaching the level with a powerful upward trend.
    • Volume is surging, and the market mood is changing as XRP is close to the $2.15-$2.20 supply zone.
    • A validated breakout over the trend line might push XRP in the direction of the $3.50-$4.50 range, reflecting late 2024 upward levels.

    XRP Price Chart Shows Classic Reversal Patterns

    An expert named Stephi’s Crypto noticed a textbook bullish trend reversal on the XRP price 24-hour chart.

    The downward trend line that started in January 2025 has been stopping price increases. However, recently, Ripple has been pushing against this level with more strength. When the price gets squeezed near resistance, it usually means selling pressure is weakening, and a breakout may be more likely.

    The pattern indicated an increasing demand. Volume gradually increased as rising candles indicated stronger closes, showing that buyers were taking charge. 

    XRP Technical Analysis: Is XRP on the Verge of a Bullish Reversal? 1

    The critical breakout level between $2.15 and $2.20 contained several resistance levels. If the price closes above this level on a daily chart, it could confirm the bullish trend and push XRP toward the $3.50–$4.50 range.

    Price Breakout From Falling Wedge Pattern Signals New Move

    In addition, crypto expert CryptoToes disclosed that the Ripple token has broken above a downward trend pattern in the daily chart. 

    Falling wedges usually signal a price increase or continued uptrend when the price closes above the top line of the pattern. XRP’s move above $2.10 confirmed this signal. 

    The Parabolic SAR shifted from negative to positive just as the XRP price finished above the resistance line of the wedge. 

    XRP Technical Analysis: Is XRP on the Verge of a Bullish Reversal? 2

    Increased trading volume came with this move, confirming the breakout’s strength. In the past, XRP price dropped from a comparable wedge pattern, causing a rapid price surge when backed by strong volume. 

    The price broke above a resistance level that had stopped gains for months. The chart pattern, indicators, and price movement all supported the idea that the price might keep going up.

    The next areas noted range from $3.00 to $4.50, depending on wedge price targets and previous resistance levels. 

    Resistance Zone at $2.15–$2.20 Takes Centre Stage 

    Significantly, as the XRP prices surged, experts shifted focus to the $2.15–$$2.20 level. This area combined multiple technical factors, a falling wedge pattern at the top, a downward trend line, and resistance around an important round number.

    XRP Technical Analysis: Is XRP on the Verge of a Bullish Reversal? 3

    For buyers to keep the momentum going, the Ripple token wants a daily settlement above this area.

    Additionally, indicators strengthened the bullish argument. The Relative Strength Index (RSI) boosted higher but is still under the high price zone, indicating potential for additional growth. 

    At the same time, the MACD histogram bars turned green, and the MACD line crossed above the signal line, indicating a bullish signal.

    XRP Price Structure Shifts, Momentum Begins to Build

    In addition, the XRP price chart indicates the signals of a fundamental change. The long period of decline seems to have turned into the beginning of a new trend.

    Rising lows had developed since late March, showing a shift in market conditions. The price breaking out of the falling wedge pattern and bouncing back from the $1.80 level showed that buyers were interested.

    The top altcoin sustained a trading value of $2.12, which showed a 16.39% surge in the previous week. Even though the market cap and volume dropped a bit, the price has stayed strong above the $2.10 level.

    Read also:- Dogecoin Price Analysis: False Breakout Could Trigger Rally, Despite Bearish Indicator

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing. 

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  • Bitcoin Bullish Momentum Grows As Binance Metric Shifts To Neutral


    Bitcoin’s positive market sentiment is beginning to build momentum as data indicates buyers are beginning to take over volumes on Binance.

    Positive feelings about Bitcoin might be coming back, as a key number from Binance, the biggest crypto exchange by trade volume, shows that buyers are beginning to take over most of the trading activity.

    The Binance Buy-to-Sell activity ratio, which determines the ratio of buyers to sellers of Bitcoin in Binance, “has moved back to a balanced level,” CryptoQuant supporter DarkFost stated in an April 15 report.

    Bitcoin Regains Upward Momentum

    The ratio presently holds at 1.008. When the ratio is above 1, it means buyers are in control, which is often seen as a sign of positive market sentiment. On the other hand, a ratio below 1 shows that sellers are dominating, indicating negative market sentiment.

    According to CoinMarketCap data, at the time of reporting, Bitcoin is trading at $83,810, dipping 1.47% in the last seven days. 

    “In the last few days, the ratio has been mainly positive, indicating that the Binance derivatives market is seeing a resurgence of bullish sentiment,” Darkfost said. On April 14, when Bitcoin was priced above $86,000, the ratio was higher than 1.1.

    According to CoinGlass data, if Bitcoin recovers $85,000, approx $637 million in short positions may be at risk of being forced out. Most of the important market signals show that investors still prefer Bitcoin over other cryptocurrencies. 

    CoinMarketCap’s Altcoin Season Index is presently at 15 out of 100, meaning it is still mostly “Bitcoin Season.” TradingView’s Bitcoin Dominance Chart shows Bitcoin’s market share is at 63.81%, which has increased by 9.82% this year.

    Bitcoin Bullish Momentum Grows as Binance Metric Shifts to Neutral 1

    Generally, crypto market members are still looking uncertain. The Crypto Fear & Greed Index indicates the general market mood on April 16 is “scared” with a score of 29 out of 100. 

    Some experts, like DeFiDaniel, said that Bitcoin’s recent price movements are “very dull.” 

    On the other hand, Cointelegraph previously reported that Bitcoin’s demand seems to be recovering, but it has not fully improved yet. In the past, Bitcoin’s demand has stayed flat for a long time after hitting a low point, causing its price to move in a sideways pattern.

    Experts have different points of view concerning Bitcoin’s upcoming movement. 

    Real Vision chief crypto expert Jamie Coutts said to Cointelegraph at the end of March that the market might not realise how fast Bitcoin could rise, it could even reach new record highs before the second quarter ends.

    AnchorWatch CEO Rob Hamilton mentioned in an April 15 X post that Bitcoin’s price is staying the same because there is a big battle between people selling Bitcoin to pay their taxes and others buying Bitcoin with their tax refunds. The US tax deadline was April 15.

    Read also:- XRP Technical Analysis: Is XRP on the Verge of a Bullish Reversal?

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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  • SUI Price Predication: Will SUI Hit $5?


    Main Takeaways:-

    • SUI stablecoin supply rises to $746.81M, a 99.82% Growth Year-To-Date, enhancing network liquidity and prospective development.
    • According to experts, SUI’s chart pattern indicates breakout potential, with a possible breakout above $2.90, aiming for $5.
    • SUI remains steady above $2, even with a 7.38% monthly drop, backed by a bullish RSI recovery and recent developments in Greece partnerships.

    SUI’s Stablecoin Supply Hits $746.81M Mark

    Significantly, the SUI blockchain reached its maximum stablecoin supply when it surpassed $746.81 million in worth. According to recent Year-To-Date (YTD) information shared by Torero Romero on X, SUI revealed a significant 99.82% increase in stablecoin supply.

    sui stablecoin supply

    In consequence, stablecoin supply growth has enhanced network liquidity, hence establishing stability along with growth opportunities.  Because of more liquidity, SUI is ready to handle bigger transactions, which will bring in more users and attract new investors and stakeholders. 

    Also, as the supply of stablecoins grows, it will help all network activities, including decentralised apps and smart contract operations.

    Wedge Pattern Suggests a Possible Price Breakout

    Even more, the SUI price has currently developed a wedge formation pointing to a potential price breakout. 

    SUI crypto has displayed price stability at $2, even with a 60% price adjustment. Significantly, wedge formation developed during the market stabilisation phase when prices move towards two lines that get closer to each other.

    SUI Price Predication: Will SUI Hit $5? 1

    The price shift after the breakout of this formation generally results in a strong trajectory change that may be both higher and lower.  Also, SUI crypto’s Relative Strength Index shows signs of price recovery as the token moves from being overbought back toward neutral levels.

    The drop in downward momentum indicates that SUI crypto tokens might be positioning for an upcoming upward trend. The maintaining support at the $2 level shows increasing optimism about SUI’s possible surge above the $3 price target.

    SUI Price Maintains $2 Support Amid Monthly Decline

    On the other hand, SUI crypto price has dropped by 7.38% but has managed to hold the important $2 support level. The token’s sustainability at this price level highlights its strength to withstand overall market volatility.

    SUI Price Predication: Will SUI Hit $5? 2

    After four successive downward candlesticks, a small upward candle appeared, suggesting a potential change in market direction. In this situation, the expected price action is likely to create a bullish trend that may exceed the resistance barrier at $2.90.

    A crypto expert, CryptoWZRD has observed that if the price surpasses this level, it could show a major market surge, potentially driving the token towards the $5 mark.

    SUI Crypto Price Strengthened by Greece Partnership

    In a different update, SUI made a key blockchain advancement by partnering with Greece’s National Stock Exchange. The strategic alliance marks a significant step forward in SUI’s growth strategy while building trust in the network and creating more practical uses in the real world.

    In addition, the growing interest from institutions in the SUI blockchain, shown by this partnership, points out the positive effects that could increase the token’s market value.

    At the time of reporting, the SUI crypto price was trading at $2.14, indicating a 0.97% surge in the last 24 hours. The price shortly tested the resistance level at $2.12 before undergoing slight variations, indicating a holding pattern at present levels.

    Read also:- Deep Analysis: What Triggered the OM Sell-Off

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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