Philip

@philipstrade

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397 Followers

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US Labor Department Rescinds Biden-Era Crypto Warning for Retirement Plans The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. The original release, issued under the Biden administration, had signaled skepticism about the inclusion of digital assets in retirement investment menus. It advised plan managers to treat cryptocurrencies with heightened caution, citing concerns about volatility and investor protection. However, that guidance introduced a standard—“extreme care”—not found in the Employee Retirement Income Security Act (ERISA). https://news.bitcoin.com/us-labor-department-rescinds-biden-era-crypto-warning-for-retirement-plans/

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What is XRP At Today? Dubai’s Real Estate Tokenization Platform Launches on the XRP Ledger What is XRP at today? Well, Dubai is turning real estate into code. Backed by a $16 billion plan built on the XRP Ledger, the city’s new property tokenization platform will let investors buy slivers of buildings like they buy crypto. XRP is still standing after all the lawsuits and clown takes. Boomers love it, banks tolerate it, and it won’t die. That’s something. The goal is to shift property ownership from paperwork to blockchain, with $16 billion in assets set to be tokenized by 2033. https://99bitcoins.com/news/altcoins/what-is-xrp-at-today-dubais-real-estate-tokenization-platform-launches-on-the-xrp-ledger/

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Bessent: Biden 'Starved' Crypto—Trump’s Plan Could Flood Treasuries With Trillions This week, U.S. Treasury Secretary Scott Bessent told the press that the Trump Administration is “going big on digital assets,” with a sharp focus on crypto tokens tied to the U.S. dollar. Bessent argues that stablecoins, by their very design, could fuel a growing appetite for U.S. Treasury bonds. https://news.bitcoin.com/bessent-biden-starved-crypto-trumps-plan-could-flood-treasuries-with-trillions/

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Dogwifhat (WIF) Targets $1.50 Amid 50% Weekly Jump – Here Are The Levels To Watch Over the past month, dogwifhat has seen a massive 190% surge, climbing back to the $1.00 barrier. The memecoin has been in a downtrend since hitting its Q4 2024 high of $4.19 in November, retracing over 92% in five months. After the TRUMP memecoin and LIBRA token controversial launches, the sector faced market exhaustion, with most memecoins struggling during the Q1 2025 retraces. As a result, WIF lost the $1.00 mark for the first time in a year. https://www.newsbtc.com/news/dogwifhat-wif-targets-1-50-amid-50-weekly-jump-here-are-the-levels-to-watch/

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Quant Price Forecast: QNT poised for next leg higher as buy-side pressure builds Quant (QNT) price is stabilizing near $100.70 on Thursday after rebounding from a key support level earlier this week. On-chain data reinforces the bullish outlook, with QNT’s Spot Taker Cumulative Volume Delta (CVD) turning positive and trending upward, signaling increased buy-side dominance. Adding to the positive sentiment, Robinhood EU has announced that its European customers can now access QNT trading, potentially expanding the token’s investor base. https://www.fxstreet.com/cryptocurrencies/news/quant-price-forecast-qnt-poised-for-next-leg-higher-as-buy-side-pressure-builds-202505150603

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Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed? The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced on X (formerly Twitter) that Bitcoin has officially hit a local bottom. The analyst shared a chart showcasing that Bitcoin is flashing one of the strongest bullish signals. https://www.newsbtc.com/news/bitcoin/bitcoin-confirmed-local-bottom/

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Wemade's Wemix token plunges 60% after South Korean exchanges announce delisting Wemix, the cryptocurrency from South Korean Web3 game developer Wemade, dropped over 60% on Friday after local exchanges announced plans to delist the token for the second time. Starting around 3 p.m. Friday in South Korea, the price of Wemix plummeted from $0.7225 to a low of $0.2757 in a matter of 15 minutes. It has since recovered to around $0.36 as of publication time, though it remained down 50% compared to the same time yesterday, according to CoinMarketCap data. The plunge appears to have been triggered by a collective announcement from major local crypto exchanges regarding their decisions to delist the token from their platforms. https://www.theblock.co/post/352911/wemades-wemix-token-plunges-after-south-korean-exchanges-announce-delisting

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Ondo Finance Bridges to Solana: Will the Next RWA Boom Be Driven on this Meme Coin Hub? Ondo Finance bridges to Solana, integrating its yield-bearing USDY asset and Decentralized Verifier Network. Will Solana drive the next RWA boom? Ondo Finance is a leader in tokenizing real-world assets (RWA). On this platform, firms like BlackRock can convert U.S. Treasuries into digitized versions that are available on-chain for transparent auditing. According to Coingecko, the project is among the most valuable in the sector, and its token, ONDO, is considered one of the best cryptos to buy in 2025. DISCOVER: Best Meme Coin ICOs to Invest in Today https://99bitcoins.com/news/ondo-finance-bridges-to-solana-will-the-next-rwa-boom-be-driven-on-this-meme-coin-hub/

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Ripple Crypto’s $5B Offer for Circle Crypto Rejected: What Is Circle Crypto? Ripple offers $5 billion to buy Circle. USDC issuer rejects the proposal. What’s next for Ripple and XRP crypto? Will XRPUSDT rise, and will Circle agree to an improved offer? Insiders claim the Ripple bid was too low and didn’t factor Circle’s growth potential. To gauge how quickly tokenization is being adopted, look at how fast fiat is brought onchain. The first to achieve major success was USDT by Tether Holdings, now the largest stablecoin with over $148 billion in market cap. USDT ranks as the third-largest crypto project, trailing only Bitcoin and Ethereum, surpassing even Solana, home to some of the best meme coin ICOs. https://99bitcoins.com/news/ripple-cryptos-5b-offer-for-circle-crypto-rejected-what-is-circle-crypto/

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AVAX Crypto Forms Bullish Breakout: Will Avalanche Price Hit $50 In May? Avalanche’s AVAX crypto has been making some exciting moves lately with its recent bullish breakout. It does trigger the question on everyone’s mind whether AVAX can climb to $50 by May. What’s driving this momentum? Avalanche has been on a roll, recently surging from the $18 mark to slightly above $22, a tidy 10% jump in just days. This breakout smashed through a key resistance at $20.40, forming a visible bull flag pattern. High trading volume also backed this move, proving AVAX’s climbing demand. The price is now holding steady around $21-$22, with support forming at $19.50, and bulls standing their ground. https://99bitcoins.com/news/presales/avax-crypto-forms-bullish-breakout-will-avalanche-price-hit-50-in-may/

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South Korea's ruling party pledges spot crypto ETF trading, expanded bank access as election looms: report The People Power Party (PPP), a major right-wing political party in South Korea, has pledged to expand banking access for crypto exchanges and allow trading of spot crypto exchange-traded funds within this year, as it seeks to court the crypto sector ahead of the upcoming presidential election. In a Monday meeting at the National Assembly, the party unveiled seven initiatives to foster a crypto asset ecosystem, local news outlet Edaily reported. The party first pledged to scrap the "one exchange, one bank" rule, which financial authorities had enforced to curb money laundering and monitor suspicious transactions by requiring crypto exchanges to partner with a single bank for real-name verified accounts. https://www.theblock.co/post/352313/south-korea-crypto-pledge

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Elon Musk Is Planning to Raise $20Bn With xAI: Best AI Crypto to Buy? Elon Musk’s xAI Holdings is discussing raising around $20 billion for the AI firm with potential investors. With the AI space undergoing a resurgence, Mind Of Pepe (MIND) looks set to be a blue-chip AI play for 2025. The most notable releases from xAI are the Grok AI chatbot and a text-to-image model named Aurora. Grok has undergone multiple upgrades and is currently on V3. It has also been integrated into the messenger app Telegram. From Bloomberg. XAI in discussions to do a $20 billion funding round. pic.twitter.com/6LCpwy2oqM — Brian Wesbury (@wesbury) April 26, 2025 Further $20 Billion Raise For xAI Holdings Would Value The Firm At More Than $120 Billion https://99bitcoins.com/news/presales/elon-musk-is-planning-to-raise-20bn-with-xai-best-ai-crypto-to-buy/

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Bitcoin Continues To Flow Out Of Major Exchanges — Supply Squeeze Soon? It was quite the coincidence that the cryptocurrency market jolted back to life after Easter Sunday, with Bitcoin leading the way with more than a double-digit gain. While the price of BTC continues to hold above the critical $94,000 level, the premier cryptocurrency seems to be losing some momentum. Unsurprisingly, investors appear to be increasingly confident in the promise of this recent rally, as significant amounts of BTC continue to make their way off major centralized exchanges over the past few days. Here’s how much investors have moved in the past few days. https://www.newsbtc.com/news/bitcoin/bitcoin-continues-to-flow-out-major-exchanges/

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Peak Euphoria: Peter Schiff Asks X Followers to Donate Bitcoin Famous Bitcoin Hater Peter Schiff Now Wants Some He then posted a Bitcoin wallet address for X followers to send BTC donations. According to one blockchain explorer, he has received about $20 worth of the cryptocurrency from two transactions since making the post. Peter Schiff’s sudden interest in owning Bitcoin may be one of the most bullish portents of this market cycle so far. He has worked hard to stoke a reputation for hating Bitcoin. Searching his X timeline for posts mentioning the cryptocurrency, it is replete with hundreds of posts. All of them are fiercely critical. But not his latest post soliciting BTC donations. https://cryptopotato.com/peak-euphoria-peter-schiff-asks-x-followers-to-donate-bitcoin/

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Stablecoin issuers are projected to become major holders of US Treasuries by 2030 – Citibank GPS report Citibank's "Digital Dollars" report, released on Thursday, highlights that stablecoin issuers are projected to become major holders of US Treasuries by 2030. The report identifies 2025 as the potential year for blockchain's 'ChatGPT' moment in adoption, driven by regulatory change. Moreover, the adoption of blockchain in the public sector is rising, driven by a push for transparency and accountability in public spending, evident in the US government’s Department of Government Efficiency (DOGE) initiative and blockchain pilots by central banks. https://www.fxstreet.com/cryptocurrencies/news/stablecoin-issuers-are-projected-to-become-major-holders-of-us-treasuries-by-2030-citibank-gps-report-202504250756

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Zerebro Crypto is Pumping From the Grave: Solana Season Coming Back? Crypto meme season is back in full swing, and the standing ovation goes to the Zerebro 300% pump and volume over $150 million. What started as a low-profile crypto altcoin has exploded into the spotlight. Traders, influencers … everyone is wondering what triggered the unexpected surge for Zerebro. FOMO is spreading fast, and it feels like the beginning of something huge, doesn’t it? https://99bitcoins.com/news/presales/zerebro-crypto-is-pumping-from-the-grave-solana-season-coming-back/

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Shein Mystery Box – vērts izmēģināt vai tā ir krāpšana? Pēdējos gados Mystery Box ir kļuvis par populāru veidu, kā apvienot iepirkšanos ar pārsteigumiem. Klienti pasūta paku, nezinot, ko tieši tā satur, un tas arī rada uztraukumu un prieku. Viens no pazīstamākajiem šo paku veidiem ir Shein Mystery Box “parakstītais noslēpumainais piedāvājums” kas īpaši uzrunā modes un tendenču cienītājus. https://www.newsbtc.com/news/shein-mystery-box-verts-izmeginat-vai-ta-ir-krapsana/

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Astra Fintech Launches $100 Million Fund to Boost Solana Ecosystem Innovation Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event. In addition to funding, Astra is advancing its Payment Finance (PayFi) strategy by integrating Banana Pay, positioning itself at the intersection of decentralized and traditional finance to facilitate seamless blockchain transactions. With Korea as its regional hub, Astra plans to deploy capital and forge partnerships to drive solana adoption across Asia, leveraging the country’s tech-savvy market as a launchpad for broader expansion. https://news.bitcoin.com/astra-fintech-launches-100-million-fund-to-boost-solana-ecosystem-innovation/

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@nimaleophotos.eth

GM GM base friends, have a nice day 💙

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Ethereum may be ready for a breakout despite bearish sentiment – Here’s why! - Ethereum stands resilient, with its DeFi throne unshaken and its foundation fortified by whales - Is ETH quietly undervalued? Ethereum remains structurally resilient. Whale accumulation has been rising fast, showing strong conviction from high-net-worth entities. In fact, just recently, an address acquired 12,010 ETH at an average entry of $1,531. That’s approximately $18.39 million in fresh capital inflows. Simultaneously, Ethereum continues to anchor the DeFi stack, commanding the lion’s share of Total Value Locked (TVL) across protocols. At press time, the TVL for the Ethereum L1 ecosystem hovered near $190 billion. https://ambcrypto.com/ethereum-may-be-ready-for-a-breakout-despite-bearish-sentiment-heres-why/

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