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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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  • Binance Requires All Indian Users to Re-Verify KYC for AML

    Binance Requires All Indian Users to Re-Verify KYC for AML


    • Binance asks all Indian users to re-verify KYC for AML compliance.
    • Exchange collects PAN data to meet India’s money laundering law requirements.

    In a recent development, Indian users of the global crypto exchange Binance have been asked to re-verify their identities. Binance continues its initiatives to follow India’s rigorous anti-money laundering (AML) standards via this implementation. New users, together with current Binance users, need to repeat the Know Your Customer (KYC) process.

    Binance Aligns with India’s PMLA Rules

    Binance has implemented re-verification as part of the Indian authorities’ ongoing efforts to regulate digital assets despite not assigning penalties to noncompliant users. The exchange aims to enhance account security through its latest announcement while following the existing financial regulations of the country.

    Binance works to fulfill its duty under the requirements of India’s Prevention of Money Laundering Act (PMLA), 2002. PAN (Permanent Account Number) data must be obtained from every user, according to Binance. The mandatory steps apply to Binance and every other Indian and foreign crypto exchange that plans to operate lawfully within Indian territory.

    Previously, Binance encountered difficulties operating in the Indian marketplace before proceeding with its plans. The Indian Financial Intelligence Unit (FIU) sanctioned Binance where it imposing a $2.25 million (INR 188.2 million) fine upon the exchange in June 2025. Binance received the penalty from the FIU because it had not properly followed AML procedures during its time of offering services to Indian customers. The FIU found Binance lacked proper protocols for anti-money laundering in its position as a virtual digital asset service provider.

    Furthermore, the reported situation did not exist as a single occurrence. International digital asset platforms offering services to Indian clients received show-cause notices alongside Binance Group. Binance encountered operational restrictions for serving Indian users on its platform at this time.

    Binance Highlights Secure KYC Process to Protect Indian Traders

    Despite these setbacks, the company Binance works actively to settle regulatory matters and conditions. The company established official registration with India’s Financial Intelligence Unit (FIU-IND) in August 2025. The platform achieved a major operational hurdle through this registration because the platform could now run in India without additional interruptions. Indian users regained access to both the Binance website and mobile application after this development.

    The organization viewed this registration as extending its wide-ranging dedication to maintaining international regulatory requirements and preserving openness. Any data obtained through the KYC procedure was presented by the platform as safe and dedicated exclusively to meeting legal requirements.

    At the same time, Binance emphasized that establishing a safe digital asset ecosystem stands as equally crucial to their endeavors. Customers were assured the security-oriented KYC process would prevent inconvenience while protecting trading security.

    Meanwhile, India keeps building up its digital finance regulations throughout this period. The rise of cryptocurrency as a mainstream asset means India will pass new laws that both protect financial investors and stop criminal activities.

    Lastly, Binance emphasizes re-verifying Indian users as part of an industry-wide trend that promotes regulatory compliance in cryptocurrency markets. The exchange, together with the Indian government, works to develop a legally reliable environment that builds trust for digital asset trading.



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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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  • Slovenia Proposes 25% Tax on Crypto Profits from 2026

    Slovenia Proposes 25% Tax on Crypto Profits from 2026


    • Slovenia introduces 25% crypto tax starting January 2026, seeks feedback.
    • The new tax aligns with global standards, aims for €25M annual revenue.

    Slovenia’s Ministry of Finance has introduced a new proposal to tax personal cryptocurrency profits. According to the draft legislation released in April 2025, Slovenia has announced plans to tax all capital gains from cryptocurrency disposals at 25% starting January 1, 2026. Once approved, the law will start running from 1 January 2026. The proposal accepts public feedback about its contents from May 5 to May 2025 before completing the final law’s draft.

    Slovenia Aligns Crypto Tax with International Standards

    The new proposed legislation exists to modernize Slovenia’s tax system so it matches international financial standards. None of the taxes for capital gains apply currently to cryptocurrency transactions conducted by individuals. A legal loophole formed from this situation enables many investors to evade taxes on their substantial profits. The government intends to establish financial asset taxation with equal fairness through the elimination of these discrepancies.

    The tax proposals from the government target transactions when cryptocurrency owners convert digital assets into standard currency before proceeding with goods transactions or consenting to people obtaining their crypto assets. The Internal Revenue Service would not impose taxation on deals that swap cryptocurrencies between different wallets when both wallets belong to a single person. The exception targets real-world financial deals alone, while the ministry aims to prevent avoidable complexities in tax rules.

    The ministry created a voluntary, simplified approach for tax calculation to help taxpayers manage their administrative tasks. People can use an optional calculation method to determine their tax liabilities from their crypto assets by taking 40% of their December 31, 2025, cryptocurrency values and considering the past five-year disposal amounts. The government has established a 25% tax rate and plans to use this system because it believes it promotes compliance effectively.

    In addition to changes concerning cryptocurrencies, changes to derivative financial instrument taxation are a part of the proposal. The proposed modifications form part of Slovenia’s Capital Market Development Strategy, which extends from 2023 to 2030. The ministry describes derivatives as subject to 25% flat taxation that disregards the time investors hold their investments. The standardized system aims to minimize regulatory challenges through standardized regulations for all types of financial assets.

    Slovenia Expects €25M from New Crypto Tax Plan

    The legislative body predicts that this levy will produce annual income ranging between 2.5 million and 25 million euros. The ministry supports crypto taxation regulation based on international standards, which improves data transparency for sharing between borders. The proposed framework provides officials with an uncomplicated taxation process, which creates ease of compliance for taxpayers who need to carry out minimal administrative activities.

    By aligning its policies with global trends, Slovenia implements global digital asset policies to build a safer and more transparent space for cryptocurrency investments. This financial regulatory framework represents a larger government initiative to manage new financial technologies while sustaining innovative practices in the industry.

    Last but not least, the new tax system, when implemented, would reshape Slovenian laws regarding digital wealth while demonstrating potential impact on EU member states’ regulatory adjustments.



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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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  • Top Bullish Cryptos: BlockDAG, Dogecoin, Avalanche & XRP – 4 Big Movers to Watch in 2025!

    Top Bullish Cryptos: BlockDAG, Dogecoin, Avalanche & XRP – 4 Big Movers to Watch in 2025!


    As the market shows signs of calm, it’s a good time for traders to focus on top bullish cryptos that could offer big returns. The key is finding digital projects that show real use, strong growth chances, and solid support. But spotting these standout names in the busy crypto space can be a real challenge.

    This guide helps make things clearer by pointing to four top bullish cryptos — BlockDAG, Dogecoin, Avalanche, and XRP — that could grow strong. Let’s take a look at what’s driving their rise and why many see a bright future ahead.

    1. BlockDAG: Climbing Fast With a 3932% Growth Target

    BlockDAG (BDAG) has quickly risen as one of the fastest-moving names in the space, with more than 19.2 billion coins sold and over $215 million raised in presale. Its rise is powered by smart tech that uses a Directed Acyclic Graph (DAG) model mixed with proof-of-work, offering both power and speed.

    This setup lets BlockDAG handle up to 15,000 transactions per second, giving it a strong edge in speed. It’s also building global reach through major deals with names like UFC and Inter Milan, opening crypto to new fans worldwide.

    By 2026, BlockDAG plans to bring in over 1,000 dApps, showing real use across many areas. With 10 exchange listings ahead and strong numbers already, some experts think BDAG — priced at $0.0248 in batch 27 — could jump to $1 this year. That means a possible 3932% rise in 2025, placing it firmly among the top bullish cryptos today.

    2. Ripple (XRP): Fast Money Transfers on a Global Scale 

    Ripple (XRP) earns its spot among the top bullish cryptos because of its focus on cross-border payments. Where traditional systems can take days to move funds, XRP completes transfers in seconds, making the process faster and more efficient.

    Ripple’s use of blockchain technology opens up better access to banking and lowers the cost of global transactions for users and businesses. While it continues to face legal pressure from the SEC, which may affect how things play out, its chance to reshape global finance still holds strong.

    3. Dogecoin: A Meme Coin That Still Moves Markets

    Dogecoin makes the list of top bullish cryptos thanks to its active and loyal fanbase. Though it started as a joke linked to the viral “Doge” meme, it’s become a standout due to backing from high-profile names like Elon Musk and Vitalik Buterin.

    Even though it lacks deep technical value, Dogecoin’s massive social presence and cultural impact allow it to swing markets in surprising ways. Its popularity shows no signs of fading, giving it room to make strong moves in the crypto space.

    4. Avalanche: Lightning Speed Meets Blockchain Growth

    Avalanche (AVAX) wraps up our list of top bullish cryptos, known for its speed and large-scale performance. It can handle thousands of transactions per second, making it a solid choice for fast and flexible blockchain use, including things like payments and staking.

    Its reward system keeps users engaged, while its support for a variety of blockchain projects gives developers space to build fresh and creative tools. All of this points to strong potential for future growth in both use and value.

    Which One Tops the Chart of Top Bullish Cryptos?

    Each of these names brings something different to the table in the world of top bullish cryptos. Ripple aims to change global payments with faster transfers, Dogecoin drives waves with community power and meme fame, and Avalanche delivers fast, flexible tools for developers.

    Still, BlockDAG stands out in a league of its own. At just $0.0248 in batch 27, BDAG is expected to rise by 3932% in the coming months. Its strong speed, growing network, and planned listings make it one of the top bullish cryptos to watch closely. With batch 27 almost sold out, many are jumping in before the next price jump hits.

    Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.



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  • Analysts Certain BlockDAG’s Mainnet Will Send BDAG to One Dollar – Solana ETF To Launch In Canada & Ethereum Value Forecast Mixed!

    Analysts Certain BlockDAG’s Mainnet Will Send BDAG to One Dollar – Solana ETF To Launch In Canada & Ethereum Value Forecast Mixed!


    ​Crypto watchers have plenty to keep an eye on this week, from regulatory updates to presale hype. The upcoming Solana (SOL) ETF launch in Canada draws interest of traders curious to see if direct staking access through major issuers like Purpose and Evolve can boost SOL’s appeal. 

    Meanwhile, the Ethereum (ETH) price forecast remains in limbo as the SEC delays its decision on staking within ETH ETF products. Analysts are split, pointing to resistance zones and shifting regulatory signals.

    On the other end of the market, BlockDAG (BDAG) is gaining serious traction for its upcoming mainnet launch and exchange listings. These events are generating quite a bit of hype around the coin, positioning BDAG as a potential breakout and, according to analysts, the best crypto for 2025 if it delivers on expectations.

    Solana ETF Set for Canadian Launch This Week

    The Solana (SOL) ETF is preparing to launch in Canada following approval by the Ontario Securities Commission. Purpose, Evolve, CI, and 3iQ are the firms behind the new Solana ETF products, which will allow staking and direct exposure to SOL tokens. Analysts are watching closely to see if this Solana ETF draws more interest than recent US-based futures ETFs, which saw limited inflows. 

    While the US continues to review its own Solana ETF proposals, Canadian investors now have early access. The Solana ETF launch may offer new opportunities for yield-driven participation, especially among institutions. Despite some caution around adoption, the upcoming debut of the Solana ETF adds a new layer of access to one of crypto’s top performers.

    ETH Value Forecast: Pressure from Regulatory Delays

    The Ethereum (ETH) price forecast has come under fresh scrutiny after the SEC postponed its decision on staking within Grayscale’s spot ETH ETFs. ETH briefly climbed to $1,640 but pulled back as traders assessed the delay’s impact. For now, the Ethereum price forecast remains mixed. 

    A key descending trendline continues to act as resistance, and some analysts warn that another rejection could send ETH back toward the $1,522 support zone. Traders are closely watching whether staking approvals will move forward after Paul Atkins takes over as SEC Chair. Until then, the Ethereum price forecast reflects a cautious market, caught between regulatory uncertainty and technical resistance points.

    BlockDAG Set for One Dollar: Empty Hype or Next Big Win for 2025?

    BlockDAG (BDAG) is gearing up for a serious glow-up, thanks to its upcoming mainnet launch and listings on 10 major exchanges. Analysts suggest these moves could create a frenzy around the project and broaden the user base, sending the value of BDAG to  $1 in 2025. 

    The coin is priced at $0.0248 and has already secured over $215 million in funding, with 19.2 billion coins sold since the crypto presale opened. Early supporters have experienced an impressive 2,380% ROI, which underscores the project’s strong track record so far. The presale is in batch 27, and momentum continues to grow. Each phase has only cranked up the hype higher. 

    The mainnet launch is expected to be the real litmus test — a moment to prove the tech’s fully ready to scale. And the CEX listings are seen as another crucial step to boost trading volume. The anticipated rapid growth is speculated to drive additional participants, creating even more curiosity. 

    Analysts are highly bullish about BDAG, with some saying $1 isn’t just possible, it’s coming fast if the market keeps accelerating in its current direction. And with that kind of energy behind it, BlockDAG is becoming hard to ignore.

    Where Is The Market Headed? 

    This week’s updates show how differently each project is pacing. The Solana ETF launch in Canada is giving SOL some added credibility, but traders are still cautious after past ETF products fell flat. Ethereum’s next move remains uncertain, with the Ethereum price forecast hinging heavily on upcoming SEC decisions and resistance trends. 

    Meanwhile, BlockDAG isn’t waiting on regulators to set its course. Its upcoming mainnet launch and centralized exchange listings are lining up and building excitement. At $0.0248 and already delivering 2,380% returns to early buyers, BDAG has caught the attention of traders. BlockDAG is shaping up to be one of the best cryptos for 2025, especially as it inches closer to the $1 predicted price.

    Presale: https://purchase.blockdag.network

    Website: https://blockdag.network

    Telegram: https://t.me/blockDAGnetworkOfficial’

    Discord: https://discord.gg/Q7BxghMVyu ​

    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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  • Brazilian Crypto Ponzi Scheme Operator Gets 128-Year Sentence

    Brazilian Crypto Ponzi Scheme Operator Gets 128-Year Sentence


    • 128 years for a $190M crypto scam puts Joel de Souza in prison 
    • Braiscompany’s false trading promises cost 20,000 investors money.

    Joel Ferreira de Souza was handed a 128-year prison sentence by a Brazilian court on April 18, 2025. Braiscompany set up the $190 million cryptocurrency Ponzi scheme, and the court convicted him for it.

    The scam ran from June 2018 till early 2023 and defrauded around 20,000 investors. Media reports state that Braiscompany promised to generate 8% daily returns through crypto trading. Prosecutors said that the operation also involved the use of shell companies and unregulated crypto wallets for laundering funds.

    Judge Vinicius Costa Vidor convicted De Souza for operating an unlicensed financial institution and engaging in money laundering. The court also identified him as the mastermind behind the pyramid scheme.

    Two other executives, Gesana Rayane Silva and Victor Veronez got 27 and 15 years. They acted as an intermediary managing client funds. The combined sentences total 171 years.

    Authorities said the five people organized the scheme. The company had raised R$1.11 billion, or $190 million. The operators used informal money transfers and conducted transactions with high commissions.

    Assets valued at R$36 million were ordered to be seized by the court. The victims will not know how much will be returned to them. Artêmio Picanço, a lawyer representing investors, told Reuters a victim has to file a civil claim to quickly recover the money.

    The court acquitted Mizael Moreira Silva and Clélio Fernando Cabral do Ó, declaring them not guilty of all charges. The court ruled that they lacked evidence to prove that they were involved in money laundering.

    Details of the Braiscompany Scheme

    Braiscompany advertised that it was a crypto trading company. It promised high returns and attracted investors. The company used aggressive marketing, slick promotional materials, and other such things to lure customers.

    The platform required investors to lock in their funds for a full year. The company claimed profits came from proprietary trading software, but investigators uncovered no trace of such software or any actual trading activity.

    Throughout 2022, Braiscompany repeatedly postponed investor withdrawals, and by January 2023, disbursements had effectively come to a standstillFollowing the collapse in February 2023, Brazil’s Federal Police launched Operation Halving to investigate the incident.

    Police searched Braiscompany’s offices. When the company’s founders, Antônio Ais and Fabrícia Farias Campos, fled to Argentina. In February 2024, the court sentenced them to 88 and 61 years in jail and approved their extradition.

    Impact on Investors and Regulation

    The battle involves 20,000 investors seeking to recoup their losses. The victims can only access seized assets through civil claims which they have to go through. 

    The case has exposed the absence of crypto regulation in Brazil. They are calling for closer monitoring of cryptocurrency platforms. Such an event demonstrates the dangers related to uncontrolled crypto investments.

    The court said the scheme was a model of a legitimate investment. The scheme had also masked illegal activities through complex financial structures. This sophistication that the authorities took a long time to detect.

     



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  • Solana Pump Is Coming Towards $190: Signals Turn Bullish


    Main Takeaways:-

    • 71.87% of traders on Binance are assuming that Solana’s price will surge toward the $190 aim with a 40% bullish potential.
    • Solana’s reverse head and shoulder formation suggests a potential 40% price surge.
    • The start of Solana spot ETFs in Canada makes big investors more confident and adds more money to the market.

    Solana Price Setup Hints at Uptrend with Inverse Head and Shoulders

    Solana displays upward momentum through an inverse head and shoulders formation in its 4-hour time range.

    A price increase is likely after the neckline resistance is broken. According to Ali Charts, 71% of traders on Binance are betting that Solana’s price will go up, showing strong positive sentiment.

    The market value of SOL hit $134, which experienced a small dip below the 1% intraday. Still, it displayed a 17% rise over the last week. The IH&S chart pattern consists of three separate parts: the middle part is the lowest, followed by the higher outer areas.

    Solana Pump Is Coming Towards $190: Signals Turn Bullish 1

    Depending on its worth, the recognised pattern suggests around 40% market opportunity, which would support Solana’s price to hit the $190 zone. 

    Solana’s price has moved back above the 200-period exponential moving average (EMA) on the 4-hour chart, which is a key indicator that traders often see as a sign of positive price movement.

    Canadian SOL ETFs Spark Positive Market Movement

    A significant factor for the current Solana price rise was the introduction of the initial spot Solana exchange-traded funds (ETFs) in Canada.

    These ETFs give investors direct access to Solana’s price. Analysts also think it’s a significant step that could attract more interest from big investors in Solana (SOL) coins. 

    3iQ Corp., Evolve Funds, CI GAM, and Purpose Investments started their Solana ETFs on the Toronto Stock Exchange (TSX) on April 16.

    Hence, Canada emerged as the first country in North America to provide such products. The ETF authorisation procedure will appeal to both institutional and retail investors to join the Solana marketplace. 

    These ETFs provide a government-approved way for investors to invest in Solana’s price. This is expected to boost market activity and build investor confidence.

    Traders Monitor Key Levels as SOL Price Holds Firm

    At the reporting time, Solana’s price was trading at close to $133.9 level. Traders were closely observing whether the price would still be above key support levels. 

    A significant demand level between $120 and $122 has remained strong in recent weeks. If SOL price returns to this support area and remains stable, it could set the stage for a possible recovery, notably, buying activity increases at these levels. 

    Market experts displayed limited concern about a price cut. When prices stay the same for a while, it often means a new market trend is coming soon. Solana’s price has gone up and cleared important levels because of good market conditions and progress with getting an ETF approved.

    Solana Pump Is Coming Towards $190: Signals Turn Bullish 2

    The ongoing support at the $120 level shows the possibility of the price trending upward from $150 to $180. When the price remains at important levels, it makes many traders think that a big price change might happen soon.

    A price surge above $135 will likely suggest the start of another climb, even support breaking under $120, which could cause both a pause in price changes and a price drop.

    Read also:- SUI Price Prediction: Will SUI Hit $5?

    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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