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Dogecoin’s price action on the 1-hour candlestick timeframe chart has been defined by a sharp decline since April 14, with the meme coin slipping into a falling wedge formation. This three-day downtrend, however, is now showing signs of reversal. According to an analysis by crypto analyst KledjiCuni on the TradingView platform, the correction phase may have come to an end, and Dogecoin could be gearing up for a short rally.

Dogecoin Short-Term Correction May Come Before Upside Resumes

The analysis of Dogecoin’s bullish potential reveals that the meme coin recently broke out of a falling wedge, a pattern often considered a precursor to bullish momentum. Notably, this falling wedge formation, which saw the Dogecoin price fall from $0.17 to $0.15 over three days, is part of an extended bearish sentiment that has persisted for almost two months.

However, Dogecoin is starting to break out of this falling wedge, a move that marks a shift in short-term sentiment as price begins to reclaim upward momentum despite lingering bearish pressure in the broader crypto market. 

Currently, Dogecoin appears poised to embark on an upward trend. The breakout has occurred, but the analyst cautions that a pullback to the $0.1550 zone is still likely in the immediate term. Such a correction would serve as a retest of the breakout structure and could help confirm support before the next leg upward. This short-term dip does not invalidate the bullish setup. Instead, it could offer an entry point for traders anticipating further upside. 

Upside Price Targets Identified At $0.1607 And $0.1670

Once Dogecoin completes its expected pullback toward the $0.1550 zone, the next projected move is a continuation of the bullish reversal, with price action that cancels out the entire correction that began on April 14. Interestingly, analyst KledjiCuni identified two key resistance levels to watch in the short-term rally phase. The first resistance level is at $0.1607, a level that formed a lower high in the falling wedge formation.

If Dogecoin manages to clear $0.1607 with strong volume, this will push the price towards the second key resistance at $0.1670. This price level aligns with the apex of the falling wedge and is the technical origin of the downtrend in this wedge. Reaching this point would effectively complete the recovery from the bearish wave.

These targets represent realistic bullish objectives that traders can capitalize on in the short term, provided the market holds above the recent breakout zone and avoids slipping back below the wedge. 

At the time of writing, Dogecoin is trading around $0.1560, still hovering slightly above the $0.155 support zone highlighted. The meme coin has declined by 0.34% in the past 24 hours. Nevertheless, there is still a possibility of a bounce back to $0.17 before the end of the week.

Slovenia’s Finance Ministry released a draft bill that would tax profits from the sale of cryptocurrencies at 25%, potentially sealing the nation’s status as a tax haven for investors in digital assets. The plan is designed to close a loophole that currently excludes individual crypto traders from taxation while businesses are taxed on similar activities.

Tax Changes Target Individual Crypto Investors

According to the proposed rules, Slovenians will remit a quarter of their earnings when exchanging crypto to conventional money such as euros or when they use digital currencies to buy goods and services. The government seeks to establish equitable tax treatment between crypto and conventional investments, which already receive extensive taxation.

The draft law makes an important distinction: exchanging one cryptocurrency for another would remain tax-free. This approach mirrors regulations being adopted across Europe as governments try to balance innovation with tax revenue needs.

Alert: Slovenia Considers 25% Crypto Tax – Decoding the Impacthttps://t.co/hK9olUMgUR

— BitcoinWorld Media (@ItsBitcoinWorld) April 17, 2025

Record-Keeping Requirements Will Increase

If enacted, the bill would provide new documentation to crypto holders. They would be required to document all of their transactions and provide annual tax forms by March 31 covering activity from the past year. Businesses receiving more than €500 worth of payments in crypto would be subject to other reporting responsibilities.

The ministry has made exceptions for central bank digital currencies, electronic money, security tokens, and NFTs, which will not be included in this tax regime. These definitions are in line with European Union’s MiCA regulation and Organization for Economic Cooperation and Development’s CARF framework standards.

‘Reset’ Provision Provides Transition Relief

To facilitate the transition, the proposal contains a useful provision for existing crypto holders. All the digital assets held prior to 2026 would get a “reset” on their cost of acquisition, tied to their value on January 1, 2026. This implies early investors will not be taxed on profits that accrued prior to the new regime coming into operation.

Finance Ministry estimates put the revenue from the new crypto tax between €2.5 million and €25 million annually for the government of Slovenia. This range is a function of not knowing how many Slovenians have crypto assets and their potential worth.

Public Feedback Period Now Open

The proposal has been made open for public comment until May 5 by the government, with the targeted law aimed at becoming effective from January 1, 2026, should it get approved by parliament.

The development is a big change for Slovenia, which numerous investors have been viewing as a crypto-friendly jurisdiction. Existing regulations exempt profits earned in cryptocurrencies from tax if trading does not amount to a “permanent business activity” – an expression not precisely defined.

Featured image from Pixabay, chart from TradingView

With the anticipation for the approval of XRP ETFs XRP ETFs by the United States Securities and Exchange Commission (SEC) growing rapidly, the price of the cryptocurrency may be on the cusp of a dramatic surge. According to a crypto analyst, ETFs could become the ideal driver for a continual price rally for the altcoin fueled by a powerful combination of institutional demand and adoption. 

XRP ETFs Act As Fuel For Steady Price Surge

In a recent podcast, a crypto analyst identified as ‘Good Morning Crypto’ and a speaker on X (formerly Twitter) discussed how the approval and launch of an XRP ETF could positively influence the cryptocurrency’s price. 

The speaker likened these ETFs to “giant vacuum cleaners” placed over the XRP pool, sucking up all of the available liquidity directly from the asset. Each time someone invests in one of these financial instruments, the XRP used is transferred into a secure custodian and effectively taken out of circulation, no longer available for trading or use. 

At present, nine companies have officially filed for an XRP ETF in the US. However, these filings are still under review and awaiting approval by the US SEC. Rumors are swirling that BlackRock, the world’s largest asset manager with over $11 trillion in Assets Under Management (AUM), may be preparing to announce its own XRP ETF. 

If true, this move could dramatically speed up both the demand shock and adoption rate of XRP. The influx of investor interest and the shift in sentiment if the SEC greenlights XRP ETF would likely create upward pressure on the cryptocurrency’s price, potentially driving it to new highs. 

The speaker also illustrated a scenario in which the market gets new US laws and legislation passed by August—things like market infrastructure bills, tax clarity, and stablecoin rules. Once these are settled, he predicts that businesses and financial institutions will begin using XRP for payments. More so, over time, these companies will need to use the network every day to operate. 

As cryptocurrency becomes increasingly integrated into daily financial activity, companies watch as their ETF counterparts continue buying up the altcoin, contributing to its price growth. In anticipation of an ETF-driven scarcity, businesses may begin acquiring large amounts of XRP in advance, potentially adopting a buy-and-hold strategy before prices climb even higher. 

This creates what’s known in commodity markets as a “front-loading effect,” where anticipated future price increases lead to aggressive present-day buying. As a result, the analyst believes that the ongoing demand from ETFs and daily users could be “the perfect storm for a price surge.”

The Altcoin’s Price Predicted To Hit $9 Soon

Now, back in the spotlight, the XRP price is forecasted to experience an explosive breakout to $9.08. According to the Crypto General on X, after recording a significant rally to new highs above $3 this year, the token has been trading within a tight range. 

A TradingView chart shared by the crypto expert shows the formation of a classic Bull Pennant pattern — a typical continuation signal that often precedes sharp upward movement.

The analyst notes that despite the tightening range, the altcoin is moving as planned, with price action respecting key support levels and building pressure below resistance. The key levels on the XRP price chart include a final target of $9.08 and support areas around $1.97 and $0.94.

Input Output Global’s (IOG’s) research arm has formally asked the Cardano community to bankroll a twelve‑month programme of cutting‑edge R&D that it says is essential to keeping the blockchain competitive through the end of the decade. In a post on X on Thursday, the company wrote, “Cardano’s sustainable future and competitiveness depends on research & innovation. Today, Input | Output Research submitted its ‘Cardano Vision – Work Program 2025’ proposal to fund the foundational work required for long‑term growth.”

The message goes on to spell out the scope of the request: twenty fundamental research streams—among them Ouroboros, Tokenomics, Hydra and Interchains—and six technology‑validation streams covering Leios, Minotaur, Jolteon Liveness, RSnarks and a revamped anti‑grinding defence, all of them “aimed at scalability, sustainability & interoperability and defined through an evidence‑based approach.”

‘Cardano Vision 2025’

The proposal, archived on the Cardano Gov Tool, sits in the Research budget category and is formally titled “Input Output Research (IOR): Cardano Vision – Work Program 2025.” It seeks 26.848 million ADA—equivalent to $13.42 million at a placeholder rate of $0.50 per ADA—to finance a head‑count of 56.1 full‑time equivalents and the associated equipment, licences, subcontracting and overhead. According to the cost breakdown, the research department would receive roughly $5.895 million for 27.5 FTEs, while the innovation arm would absorb $7.525 million to field 28.6 FTEs. IOG says that equates to an average burdened cost of about $239,000 per person, or $1,030 per working day.

At the heart of the application is a five‑year vision that IOG describes as “an ambitious research initiative spanning nine thematic focus areas, organised into structured annual work programmes.” The 2025 tranche alone covers next‑generation consensus (Ouroboros Omega, Leios vertical scaling, the hybrid Minotaur protocol, proof‑of‑useful‑work schemes and congestion‑aware fee markets), macro‑level tokenomics, decentralised identity, a two‑part governance overhaul dubbed Democracy 4.0, an expanded Hydra layer‑2 stack, and a suite of Interchains studies on light clients and partner‑chain tokenomics. Each stream will, the firm says, be staffed by multidisciplinary teams drawn from what it calls “the leading blockchain research network worldwide including more than 14 universities,” a consortium whose previous output already exceeds 200 peer‑reviewed papers.

The problem statement attached to the filing is blunt: “Commercialising deep technologies like Web3 cannot rely solely on market demand; it depends on sustained scientific and technical excellence. Without proactive investment, valuable opportunities may be lost.” IOG argues that Cardano’s clean record of 100% uptime will count for little unless the protocol can absorb quantum‑resistant cryptography, high‑throughput zero‑knowledge proofs and sophisticated smart‑contract logic fast enough to match an accelerating competitive field. “By focusing on high‑potential R&D areas,” it writes, “this initiative builds a strong foundation for innovation, accelerates time to market, and drives meaningful economic and societal outcomes.”

Deliverables are framed in software‑readiness terms. On the research side, IOR promises “at least 20 peer‑reviewed publications and artefacts” every year, noting that a typical paper now takes two years from inception through conference acceptance. Six of those streams are expected to graduate each year to technology‑validation status, yielding formal specifications, prototypes, simulations, Cardano Problem Statements and Cardano Improvement Proposals. Quoting the proposal, “Prototypes and technical documentation will provide in‑depth analysis and serve as critical foundations for product development within the Cardano ecosystem,” while CIPs “promote transparency and community‑driven evolution.”

Cardano stakeholder endorsement, a prerequisite for funding, appears to be gathering momentum. The proposal notes that eighteen months of drafting culminated in six months of review by the Intersect Product Committee. According to the Cardano Gov Tool website, 63% of participating Delegated Representatives are signaling support for the proposal.

At press time, ADA traded at $0.61

Cryptocurrency exchange eXch will close down on May 1 after being accused of facilitating money laundering of funds stolen in the record-breaking Bybit hack. The firm made the announcement yesterday in a statement that cited pressure from law enforcement as the primary reason for closure.

North Korean Hackers Tied To Stolen Funds

eXch was allegedly employed by North Korea’s Lazarus Group to wash around $35 million, part of a significantly larger $1.4 billion heist in February from rival exchange Bybit. The attack is one of the largest ever on the cryptocurrency space.

After initially claiming not to have participated, eXch later acknowledged that it had facilitated some funds from the hack. The exchange minimized this operation, referring to it as “an insignificant portion of funds” but refusing to state precisely how much money passed through their service.

Cryptocurrency exchange eXch announced it will cease operations on May 1 following allegations linking it to North Korea’s Lazarus Group, accused of laundering approximately $35 million connected to the $1.4 billion Bybit hack. The exchange acknowledged handling a small portion…

— Wu Blockchain (@WuBlockchain) April 18, 2025

Management Team Votes To ‘Cease And Retreat’

Most of the leadership of eXch decided to shut operations instead of ongoing struggles with what they termed as “an active transatlantic operation” geared towards them. Law enforcement appears to be trying to develop evidence to lead criminal charges against the exchange.

“We do not see any utility to work in a hostile environment where we are targeted by SIGINT merely because some individuals misunderstand our objectives,” eXch said in their release. SIGINT is a term used to describe “signals intelligence”, implying government agencies are intercepting their communications.

The exchange attempted to present their shutdown as a stance on privacy. They asserted that other cryptocurrency platforms “abuse customers with nonsensical policies” in rolling out anti-money laundering measures. This position seems to put eXch forward as a victim instead of addressing the charges directly.

Bybit Recovers From Record-Breaking Hack

The February attack on Bybit caused immediate panic, with users withdrawing more than $5 billion from the platform. CEO Ben Zhou initially reassured customers on February 22 that the exchange could “cover the loss” if the stolen money wasn’t recovered.

After the hack, Bybit shut down its non-fungible token market and suspended certain Web3 services. Despite all this, the exchange has recovered very well. By April 10, Bybit had regained its pre-hack market share of around 8%.

Bybit provided more than $2 million in incentives for bounty hunters who assisted in tracking the stolen money. This move seems to have paid off. According to reports, officials have been able to freeze about 85% of the stolen $1.4 billion by following transactions to other exchanges.

The eXch shutdown illustrates repeated difficulties in the regulation of cryptocurrency exchanges. In providing users with privacy and convenience, these websites occasionally serve as conduits for transferring stolen funds, causing a conflict between advocates of privacy and those combating financial crime.

Featured image from Pexels, chart from TradingView

Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins. 

Developments In the Dogecoin Ecosystem

Recent developments in the Dogecoin ecosystem include the launch of 21Shares’ Dogecoin ETP in partnership with the House of Doge, the corporate arm of the Dogecoin Foundation. This is the first fund that the House of Doge is officially backing. The ETP is set to go live in Europe on the SIX Swiss Exchange. 

Shortly after the announcement of the Dogecoin ETP in Europe, 21Shares also filed for a Dogecoin ETF with the US Securities and Exchange Commission (SEC), becoming the third firm to do so, following Grayscale and Bitwise. 21Shares and House of Doge will also collaborate for the DOGE ETF, as the latter will help in marketing the fund. 

The Dogecoin ecosystem recently celebrated the 2nd anniversary of Elon Musk and the X team temporarily changing the social media’s logo from the iconic blue bird to DOGE’s logo. This happened in the first week of April 2023, just before Twitter rebranded to X. The Dogecoin price had surged about 30% following that move.  

The Dogecoin team also recently countered Michael Saylor after the MicroStrategy co-founder stated that “Bitcoin is Chess.” In an X post, the DOGE team replied, saying that “Bitcoin is Hungry Hungry Hippos.” This suggests that the BTC ecosystem is filled with Degens who are driven by frenzy and hype. 

Recent Happenings In The Shiba Inu Ecosystem

Meanwhile, in the Shiba Inu ecosystem, SHIB’s burn rate has witnessed a 1,944% surge in the last twenty-four hours, with 17.5 million tokens burnt during this period. One transaction accounted for most of these token burns, with 16.6 million SHIB sent to a dead wallet. The burn rate has also surged over 70% in the last seven days, with 130.9 million coins burnt during this period. 

This development is bullish for the Shiba Inu price, as its value could skyrocket as more SHIB tokens are burnt. SHIB’s price is currently on the decline along with the broader crypto market, but could quickly rebound as soon as the market picks up, thanks to the sustained momentum in the token burns. 

Another recent development in the Shiba Inu ecosystem is the return of the Lead Developer, Shytoshi Kusama. SHIB’s marketing lead, Lucie, shared a Telegram message from Kusama on her X platform. In the message, Kusama suggested that he would continue to play an active role in Shiba Inu’s development, stating, “Next week, let’s go back to it, can we?” 

Kusama also shared the first episode of his podcast, in which he discussed the Karma system, which is set to help boost transparency in the SHIB ecosystem.

Ripple Labs-owned Hidden Road has announced that its subsidiary, Hidden Road Partners CIV US LLC, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer. 

This approval allows Hidden Road to enhance its recently launched fixed income prime brokerage platform, which currently offers Fixed Income Repo and Global Funding services.

New Broker-Dealer Status Amid Ripple Acquisition

The designation as a broker-dealer enables Hidden Road to provide both new and existing institutional clients with a comprehensive suite of regulatory-compliant services, including prime brokerage, clearing, and financing for fixed income assets. 

Noel Kimmel, President at Hidden Road, emphasized the importance of this registration, stating, “Our broker-dealer registration is a significant step in the development of Hidden Road’s fixed income prime brokerage platform and bolsters our capabilities in traditional financial markets.”

With its new status, Hidden Road aims to deliver a technology-driven service offering to a wider range of institutional clients. Kimmel noted the momentum behind the business and expressed optimism about continuing to provide “superior execution.”

The backdrop to this announcement includes Ripple’s recent definitive agreement to acquire Hidden Road for $1.25 billion, which was disclosed on April 8, 2025. The acquisition is expected to close in the coming months, pending regulatory approvals. 

US Market Ready For Digital Asset Adoption

With Ripple’s substantial financial backing, Hidden Road anticipates a significant expansion in its service capacity, positioning itself as one of the largest non-bank prime brokers globally.

Brad Garlinghouse, CEO of Ripple, highlighted the current landscape for digital asset adoption in the US, noting that the market is now more receptive than ever following regulatory changes. 

“We are at an inflection point for the next phase of digital asset adoption – the US market is effectively open for the first time due to the regulatory overhang of the former SEC coming to an end,” he stated. 

The acquisition also enhances the utility of Ripple USD (RLUSD), an enterprise-grade USD-backed stablecoin, which will be utilized as collateral across Hidden Road’s prime brokerage products. 

Furthermore, Hidden Road plans to migrate its post-trade activities to the XRP Ledger (XRPL), which is expected to streamline operations and reduce costs.

Ripple also aims to optimize costs and liquidity within its cross-border payments solution, Ripple Payments, while providing essential custody services for Hidden Road’s clientele who require bank-grade digital asset custody.

Marc Asch, Founder and CEO of Hidden Road, remarked on the transformative potential of the deal, stating, “With new resources, licenses, and added risk capital, this deal will unlock significant growth in Hidden Road’s business, allowing us to increase capacity for our customer base, expand into new products, and service more markets and asset classes.” 

Asch emphasized that the partnership with Ripple will maintain the trust and reliability that institutional clients expect from traditional markets, now designed for a digital future.

At the time of writing, XRP trades at $2.0570, down over 10% on the monthly time frame. 

Featured image from DALL-E, chart from TradingView.com

Pedro Guerra, chief of staff to Vice‑President Geraldo Alckmin, has reaffirmed that he intends to press ahead with the idea of adding Bitcoin to Brazil’s sovereign reserves, arguing that the country can no longer afford to ignore “the most rigorously stress‑tested monetary network on the planet.”

The proposal first surfaced late last month when Guerra deviated from a prepared address at the inauguration of the parliamentary “Competitive Brazil Front.” In that speech he urged lawmakers to study Bitcoin “with the same seriousness we bring to fiscal frameworks and tax reform,” a call that ricocheted through Brasília and the broader crypto sector.

Push For Bitcoin Reserve Gains Momentum In Brazil

Speaking with economist and author Fernando Ulrich in a one‑hour interview, the political aide expanded on the rationale behind the initiative and dismissed suggestions that the idea was a publicity ploy. “We’re not talking about a hypothetical experiment; Bitcoin has survived sixteen years of open‑source adversarial testing,” Guerra told Ulrich. “If the United States Treasury can hold confiscated bitcoin and publicly debate how to manage it, Brazil—a G20 economy with a sophisticated payments stack—must at least evaluate whether a strategic allocation makes sense.”

Guerra’s advocacy dovetails with a bill from 2024 by Congressman Eros Biondini, which would authorize the Central Bank of Brazil and the National Treasury to accumulate bitcoin alongside gold and foreign currency. The text has yet to reach committee, but Guerra calls it “a very important first step” that will “democratize a debate that ultimately concerns every Brazilian: the long‑term purchasing power of our money.”

He stressed that any reserve strategy would need “a clear governance framework—who custodies the keys, what disclosure cadence, what risk metrics” but argued that Brazil’s post‑hyperinflation institutions are mature enough to handle the task. The Central Bank’s track record with PIX instant payments and the ongoing wholesale‑CBDC pilot, Drex, proves the state can deliver complex digital infrastructure, he said—though he was careful to draw sharp boundaries between CBDCs, altcoins and Bitcoin itself.

“Three confusions dominate in Brasília,” Guerra observed. “First, lumping Bitcoin together with every other crypto asset; second, equating it to Drex; third, reducing it to ‘just blockchain.’ They are three entirely different animals.” For Guerra, the macro case is straightforward: Brazil’s public‑investment gap is widening even as its dollar reserves earn negative real yields, and a hard‑capped digital asset could serve as an intergenerational store of value akin to a sovereign wealth fund. “If we’re proud of hosting COP 30 and speaking of future stewardship, preserving purchasing power for the next generation is part of that duty,” he said, pointing to Bitcoin’s 21‑million‑unit limit and censorship‑resistant settlement layer.

Ulrich, who endured the country’s 1980s hyperinflation, concurred that ignorance of basic monetary mechanics plagues policymaking. Guerra agreed, recalling that in two decades of party work “everyone talks fiscal adjustment, no one asks ‘what is money?’” He cited former Central Bank president Gustavo Franco—“Currency is a national symbol; it must have purchasing power”—to underline that reserve debates are as much about identity as spreadsheets.

Inside the government, Guerra says reactions have been “surprisingly positive.” While acknowledging silent skeptics, he reported encouragement from economists and civil servants intrigued by the fiscal diversification angle. Criticism has focused less on principle than on implementation questions, especially custody. Guerra insists those technicalities are solvable: “The benefits of even a modest pilot position outweigh the complications.”

The chief of staff plans to brief Vice‑President Alckmin and relevant cabinet members in the coming weeks, after which the government may submit comments on the Biondini bill or propose an alternative framework. In parallel, Guerra is encouraging think‑tanks to model optimal position sizing relative to Brazil’s $350 billion reserve portfolio.

At press time, BTC traded at $84,631.

In a Thursday announcement, the Panama City Council has officially unveiled that is has approved the acceptance of Bitcoin (BTC) and other digital assets for municipal services including tax, fees and permits. 

Panama City Council Votes To Embrace Bitcoin And Crypto

Mayor Mayer Mizrachi announced the decision on X (formerly Twitter), highlighting the council’s Bitcoin vote as a pivotal moment for the city. “Panama City council has just voted in favor of becoming the first public institution of government to accept payments in crypto. Citizens will now be able to pay taxes, fees, tickets, and permits entirely in crypto, starting with BTC, ETH, USDC, and USDT,” Mizrachi stated.

This decision represents a major shift in how residents can interact with their local government, allowing for seamless transactions using Bitcoin and digital currencies for everyday expenses. 

While announcing this development, the mayor also emphasized that this achievement was realized without the need for new Bitcoin and crypto legislation, a challenge that had previously hindered similar initiatives in the country. 

“Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legislation,” The Panama City mayor further explained.

Banking Agreement For Cryptocurrency Transactions

The approach involves partnering with a bank that will process the transactions, receiving payments in cryptocurrencies and converting them to US dollars on the spot. 

This partnership not only facilitates the acceptance of digital currencies but also ensures compliance with existing legal frameworks that mandate public institutions to receive funds in dollars. “This allows for the free flow of crypto in the entire economy and entire government,” Mizrachi added.

The Panama City Mayor’s Office further confirmed the news through its official social media channels, stating, “We will soon become the first public institution in the country to allow payment for municipal services in cryptocurrency, through an authorized bank that will be responsible for converting the proceeds into dollars for the Mayor’s Office.”

Looking ahead, Mayor Mizrachi revealed that the agreement with the banking partner is set to be finalized next week. “The deal’s being signed next week at the Blockchain conference in Panama. Look out for the signing of the deal next week,” he noted.

When writing, BTC trades at $84,825, up nearly 5% in the weekly time frame after a sharp decline toward 75,700 last week. As of now, the market’s leading cryptocurrency is 22% below its all-time high reached back in January of this year. 

Featured image from DALL-E, chart from TradingView.com

The debate between XRP and Bitcoin has been a long one as Ripple’s vision for the blockchain spanned far beyond the initial expectations of cryptocurrencies. Bitcoin continues to lead in terms of adoption, but that has not stopped comparisons of altcoins to the pioneer cryptocurrency. The latest comparison comes from Ripple President Monica Long, who has compared the energy conservation capabilities of both blockchains.

Ripple President Says XRP Ledger Is More Efficient

In a video posted on X (formerly Twitter), Ripple President Monica Long opined on the fact that the XRP Ledger is more energy efficient than Bitcoin. Long points out the fact that Bitcoin uses a Proof of Work mechanism, which has been proven to be energy-intensive, so much so that the likes of Ethereum and Cardano moved to a Proof of Stake mechanism to reduce their energy consumption.

As for the XRP Ledger, the Ripple President explains that it uses “its own flavor of a consensus algorithm”. This makes it consume way less energy than Bitcoin, which uses the Proof of Work mechanism. In fact, Long explains that the consensus algorithm used by XRP Ledger makes it 120,000 times more energy efficient than the Proof of Work mechanism used by Bitcoin.

Stretching further, the Ripple President also explains that the XRP Ledger’s consensus algorithm also makes it more energy efficient than cash. This is due to the underlying technology and how transactions are confirmed on the blockchain. Thus, making it greener than established forms of money like cash, and then Bitcoin itself, making it a more sustainable option.

Taking On The World Of Payments

Ripple continues to take strides in bringing the traditional finance world to the blockchain as it looks to make transactions more efficient. The most recent of the moves made by the crypto firm is the acquisition of the brokerage, clearing, and financing firm Hidden Road for $1.25 billion.

Ripple looks to bring a piece of the $3 trillion annual volume handled by Hidden Road to the XRP Ledger for faster and smoother settlements. This is also expected to boost XRP’s value in the market as it becomes an important part of this new volume, alongside Ripple’s RLUSD stablecoin.

Another important development for the crypto firm is the fact that, after four long years, the legal battle with the Securities and Exchange Commission (SEC) over the security status of XRP has finally come to an end. This marks the end of an era, allowing Ripple to move forward after being held back for years due to the lawsuit.

On-chain data shows the stablecoins have been witnessing a slowdown in growth recently. Here’s what this could imply for Bitcoin and other cryptos.

Stablecoin Market Cap Still Rising, But At A Much Slower Rate

In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the market cap of the stablecoins. A “stablecoin” is a cryptocurrency that has its price pegged to a fiat currency.

Investors generally store their capital in the form of these assets whenever they want to avoid the volatility associated with assets like Bitcoin. These holders often plan to eventually buy back into the volatile side of the market and when they do, they naturally provide a bullish boost to the price of whatever coin it is that they are swapping into.

As such, the supply of the stablecoins can be looked at as a measure of the available dry powder waiting on the sidelines for BTC and other volatile digital assets. In this view, an increase in the metric would naturally be a bullish sign for the sector.

Now, here is the chart for the market cap of the stables shared by the analytics firm that shows the trend in its value over the last few years:

As displayed in the above graph, the stablecoins have been seeing their combined market cap going up for a while now, suggesting these fiat-tied tokens have been getting capital injections.

Compared to the last couple of months of 2024, however, the metric’s growth rate has today severely declined. The percentage change in the indicator still continues to be positive, but it has come quite close to dipping into the negative region.

The analytics firm explains,

As stablecoins serve as core quote assets across crypto markets, this slowdown adds further evidence of a broad contraction in digital asset liquidity and a more risk-off environment.

From the chart, it’s apparent that a reversal to the downside meant a bear market in full swing for Bitcoin back in 2022. The trend in the stablecoin market cap could thus be to keep an eye on in the near future, to see if a similar reversal would take place for the metric this time as well.

In some other news, the Bitcoin Coinbase Premium Gap has been making some recovery recently, as an analyst has pointed out in a CryptoQuant Quicktake post.

The “Coinbase Premium Gap” keeps track of the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair). The metric is currently negative, implying Coinbase users are potentially applying selling pressure relative to the Binance users, but its value has slowly been rising, which can potentially be a positive sign for the asset.

BTC Price

At the time of writing, Bitcoin is trading around $85,300, up over 7% in the last week.

Richard Teng, Binance’s chief executive, said that the company is involved in supporting and advertising ‘a number of governments’ with crypto policy frameworks.

Interestingly, Teng didn’t disclose which governments Binance is working with. All he said was that they’ve been approached by ‘quite a lot’ of countries.

Is this a positive development that can impact the crypto markets, including the best altcoins worldwide? You bet. How? Keep reading to find out.

Binance – The Leading Advisor

This change in fortune for Binance is a blessing from Trump. Less than two years ago, the company had pleaded guilty to sanctions violations and money laundering in the US.

We benefited greatly in the past few months from the policies coming out from the U.S. I think the sentiment has shifted a lot – Teng

However, a change in administration that’s willing to push crypto to new heights has benefitted Binance. Although it still remains under U.S. supervision through a compliance monitoring arrangement for five years, it has been able to execute operations without much regulatory interference.

Meanwhile, the ex-CEO of Binance, Changpeng ‘CZ’ Zhao, has also been guiding countries like Kyrgyzstan and Pakistan on digital assets and blockchain technologies.

EU Losing Its Hold over Crypto

The ECB (European Central Bank) cut interest rates for the sixth straight time. However, the crypto markets didn’t bat an eye. The markets have seen a small decline of 0.2% since the official announcement. Does this mean that crypto has become immune to macro factors?

Well, no. Last week, the crypto market saw a huge rally on the tariff pause rumors. It’s worth noting, though, that the gains came when the rumors turned out to be true. So, it’s safe to say that macroeconomic factors still affect crypto assets.

However, it’s the EU that seems to be losing its hold on crypto. The US and Asian markets are currently driving the crypto bus. One reason could be the harsh crypto regulations in the EU, which limit crypto participants. For instance, Tether was pushed out of the EU, citing MiCA regulations. However, it had little to no impact on its business.

At a time when other countries are moving ahead, the EU seems to be stuck in a tangle of regulations. Their loss, not the world’s.

Countries moving towards a comprehensive and regulated crypto environment is always good news for wider global crypto adoption. This will make crypto more mainstream and result in tokens with real-world applications, leading to a surge in digital asset valuations.

If you want to benefit from this favorable regulatory environment, here is new cryptocurrency you can consider investing in right now.

1. SUBBD Token ($SUBBD) – First-Ever Crypto Subscription Platform to Integrate AI

SUBBD Token ($SUBBD) is a new cryptocurrency revolutionizing the entire experience for online creators and their fans.

It’s the first crypto subscription platform to leverage AI and offer online creators a streamlined way to upscale their content.

Creators can use various AI tools, such as a video generator and a profile creation feature, to eke out enough time to foster an organic connection with their fans.

Fans, on the other hand, can use $SUBBD tokens, which are the SUBBD platform’s native cryptocurrency, to buy creator subscriptions and access exclusive content without any intermediaries.

$SUBBD token holders also get other perks, such as platform discounts, governance rights, and staking rewards (20%).

Considering its one-of-a-kind application, we’ve predicted $SUBBD to reach $2.50 by the end of 2030. One token is currently priced at just $0.0552, which means a gain of over 4,500% is on the cards.

Why is SUBBD Token a cheap crypto, you ask? Because it’s currently in presale, where it has already raised over $196K. Join the tribe now – here’s how to buy $SUBBD.

2. Solaxy ($SOLX) – Top Altcoin Building Debut Solana L2 for Scalability

With over $30.5M in presale funding so far, Solaxy ($SOLX) is easily the best crypto presale on the market right now.

Such a huge amount of investor interest becomes completely understandable when you take a look at Solaxy’s whitepaper.

Essentially, it’s building the first-ever Layer-2 scaling solution on Solana, a popular blockchain that has been riddled with scalability issues.

Solaxy’s brand-new Layer-2 scaling protocol will reduce the burden on Solana’s mainnet by processing transactions off-chain.

In addition to enhancing Solana’s speed and efficiency, $SOLX will also improve its affordability. It will do so by processing transactions in batches rather than one by one.

One of the best cryptos to buy now, Solaxy is in a pole position to surge past $0.20 by the end of 2026. Check out our Solaxy price prediction for more details about this token’s future.

If you want to buy Solaxy, this is the perfect time. The presale is ongoing, meaning you can grab the token for a low price of $0.001698. Here’s how to buy Solaxy.

3. Tutorial ($TUT) – Trending Meme Coin with an Educational Background

Tutorial ($TUT) is a unique meme coin that’s essentially the perfect blend between blockchain education and meme culture.

Its mission is to educate folks about the world of cryptocurrency. This includes breaking down complex topics, such as blockchain technology, DeFi, and BNB Chain, into easy-to-understand, fun, and digestible bits.

In its initial days, though, $TUT was a blockchain developer’s learning project. It was created to specifically teach people how to launch a token on BNB Chain.

With a practical purpose behind its creation, $TUT is certainly more noteworthy than the average meme coin that exists just for laughs.

As a result, the token has recorded a rise of more than 10,000% since its launch. It’s also one of the top trending cryptos right now, seeing as it’s up 11% in the last seven days.

You can buy one $TUT for just $0.02655 if you get in now.

Could the Best Altcoins Still Explode in 2025?

To conclude, the altcoins mentioned above enjoy significant investor interest, have real-life applications, and are currently available at a discount – all of which make them the best cryptos to invest in now.

Even then, however, it’s worth remembering that the crypto market guarantees no returns. It’s highly volatile, and one high-impact negative news story can alter every single prediction.

Therefore, you must always do your own research before investing. This article isn’t financial advice, either.

AI agent tokens and meme coins both took a hit in Q1 as the broader crypto market fell 18.6% from market peaks in January.

But both sectors dominated the crypto narratives over the same time period.

With AI tokens heating up again, what’s ahead for the AI and crypto intersection? And will AI agents like MIND of Pepe change the story and send AI meme coins to new heights?

Time to take a closer look at what’s going on.

Why AI Tokens Struggled in Q1 – And Why That Might Change

In Q1, leading AI tokens like $TAO, $RENDER, $NEAR, and $ICP all saw sharp declines, underperforming even volatile meme coins.

Much of that may have been due to general market malaise – market declines of over 18% from mid-January to late March means that losses were often the rule, rather than the exception.

And it didn’t help that Solana and pump.fun, a leading meme coin platform on the Solana blockchain, had a no-good, very bad quarter.

But interest in AI overall hasn’t gone away. Venture capitalists continue to pour money into the intersection of crypto and AI, with the potential of the latter mostly untapped.

Despite the drawdowns, AI overtook meme coins as the top crypto narrative by investor attention, capturing 35.7% of global interest. That’s more than a third of all crypto buzz.

AI and meme coins together accounted for over 62% of investor buzz.

That’s a lot of interest in a sector that hasn’t yet broken into the mainstream. When it does, the possibilities could be endless.

Blending AI Breakthroughs with Memecoin Cultural Relevance

Meme coins got hit hard in Q1. As the CoinGecko report states:

‘The Top 5 meme tokens ended Q1 with significant losses of over 40%-60%. $TRUMP saw the largest decline at -65.3%, followed closely by $PEPE (-63.9%) and $BONK (-63.2%). $PENGU, which broke into the Top 5 last quarter, had fallen back out.’

The report also noted that even with heavy hits to leading meme coins, larger tokens like $DOGE and $SHIB suffered less than many DeFi tokens. Could the losses be temporary, with new meme coins ready to emerge to carry the sector forward?

It’s worth noting that even with Q1 declines, the total crypto market cap climbed higher than where it began Q4 of last year.

With a steadily-improving crypto regulatory framework, meme coins could quickly regain their cultural relevance.

Add in AI’s potential, and the stage is set for an AI agent token that combines the best of both worlds in one of the best crypto presales of 2025.

MIND of Pepe ($MIND) – All-Powerful AI Agent Token with Exclusive Market Alpha

MIND of Pepe ($MIND) unleashes the power of AI for token holders. The AI agent, fully-autonomous and trained on X to understand and map the crypto market, will deliver exclusive insights to the community of $MIND token holders.

As the MIND agent learns, it will also interact directly with the underlying blockchain, launching its own tokens on Telegram for $MIND holders and controlling a full 25% of the $MIND token supply.

The MIND presale passed $8M raised so far, demonstrating continued investor interest. Learn how to buy MIND of Pepe in our guide, and read our detailed analysis about how $MIND could reach $0.00535 by the end of 2025. The token is currently priced at $0.0037215.

Visit the MIND of Pepe presale to learn more.

MIND Closes The Gap Between AI and Memecoins

What makes MIND such an interesting project? As the CoinGecko report shows, AI remains the narrative to watch. It’s dominant in search data, social chatter, and emerging launches – even after brutal Q1 corrections. And meme coins can still be cultural rocket fuel when done right.

MIND of Pepe hits both targets.

Pepe’s cultural relevance and the untapped potential of a crypto-native AI agent could send $MIND to the moon if the market rebounds.

Don’t take our word for it, of course. This isn’t financial advice. Do your own research before venturing into the always-volatile crypto market.

If MIND of Pepe delivers, it might not just ride the next AI wave – it could lead it.

As Bitcoin (BTC) continues to trade in the mid-$80,000 range, optimism on social media appears to be strengthening around the leading cryptocurrency. Crypto analysts suggest that BTC may be gearing up for its next move upward, with some eyeing a potential target of $95,000.

Bitcoin Sentiment Improves Despite Tariff Uncertainty

Macroeconomic uncertainty continues to brew amid rising tariff tensions. Still, BTC has remained relatively stable in an increasingly volatile global environment, hovering around the $84,000 mark over the past few days.

In a recent post on X, crypto market intelligence platform Santiment noted that social sentiment toward BTC is on the upswing. The platform shared the following chart illustrating how positive BTC-related news has outweighed negative coverage over the past week. The post stated:

Cryptocurrency markets are enjoying a mild rebound, and Bitcoin has been repeatedly crossing above & below $85K. Traders are showing optimism that $BTC can regain $90K, which will likely be dependent on tariff & global economy news as the week progresses.

Crypto analyst Titan of Crypto also noted that BTC is nearing an “inflection point” on the hourly chart. The analyst shared a chart showing Bitcoin consolidating within a symmetrical triangle pattern, and highlighted that BTC’s Relative Strength Index (RSI) remains above 50 – indicating potential momentum to break resistance.

Meanwhile, well-known analyst Ali Martinez pointed out that the TD Sequential indicator is flashing a buy signal on the BTC weekly chart. Martinez added that a sustained close above $86,000 could pave the way for a rally toward $90,000 – or possibly even $95,000.

Fear & Greed Index Still Shows Warning

Despite improving sentiment on social platforms, the Fear & Greed Index remains at 30 out of 100, signaling that many investors are still cautious about entering the crypto market. That said, several technical indicators continue to point toward a potential rally.

Notably, Bitcoin’s Moving Average Convergence Divergence (MACD) recently flashed a bullish crossover on the three-day chart – raising hopes for a push to new all-time highs in the medium term.

In addition, on-chain data reveals that whales – large, experienced BTC investors – haven’t reacted strongly to the tariff-related panic. This aligns with insights from crypto analyst CryptoGoos, who cautioned against overreacting to short-term volatility driven by trade war headlines.

However, not all analysts are bullish. CryptoQuant CEO Ki Young Ju recently stated that the BTC bull cycle might be over. At press time, BTC trades at $84,149, down 0.2% in the past 24 hours.

On-chain data shows the Ethereum transaction fee has dropped to the lowest level in years recently. Here’s what this could mean for ETH’s price.

Ethereum Average Fees Now Valued At Just $0.168

In a new Insight post, the on-chain analytics firm Santiment has discussed the latest trend in the Average Fees of Ethereum. The “Average Fees” is a metric that, as its name suggests, keeps track of the average amount of fees that senders on the ETH network are attaching with their transactions.

This indicator’s value directly correlates to the amount of traffic that the blockchain is dealing with. The reason behind this lies in the fact that the network only has a limited capacity to handle transfers.

When the chain is busy, transfers can remain stuck in waiting until the transactions ahead of them clear out. Those who want their transactions to be processed ASAP can choose to attach a larger-than-average fee, so that the validators prioritise them.

In times of especially high traffic, this kind of competition among users can quickly drive the Average Fees up to significant levels. When there is little activity, however, senders have little incentive to pay any notable amount of fees, so the metric’s value can remain low.

It would appear that Ethereum has been witnessing the latter kind of conditions recently, as the Average Fees have registered a drop.

As displayed in the above graph, the Ethereum Average Fees have fallen to a low of $0.168 recently, which is the lowest that it has been since 2020. This means that activity on the network is historically low at the moment.

According to the analytics firm, this may not actually be so bad from a trading perspective, as low fee periods can often precede rebounds in the cryptocurrency’s price.

Below is a chart that shows an example of this trend in action:

As is visible in the above graph, the Ethereum Average Fees falling under the $1 mark back in 2023 led to bullish momentum for the asset. The explanation behind this pattern may lie in the fact that low-fee periods can indicate disinterest from the crowd.

Historically, ETH and other digital assets have tended to move in a way that goes contrary to the expectation of the majority. This means that a lack of optimism can lead to rebounds, while excessive hype can result in tops. From the chart, it’s apparent that ETH’s Q1 2024 top came as the metric surpassed $15, indicating a plethora of excitement.

“Generally, fee levels under $1 are a pretty promising sign that the crowd has become disinterested,” notes the analytics firm. “Just remember that there is no set guaranteed “bottom” or “top” level every time fee costs breach below or above a certain level.”

ETH Price

At the time of writing, Ethereum is trading around $1,600, up more than 1% in the last 24 hours.

A quantum‑computing collective known as Project Eleven has thrown down a public gauntlet to the global cryptography community, offering a reward of one Bitcoin to the first team that can break a deliberately down‑scaled version of Bitcoin’s elliptic‑curve cryptography using a genuine quantum computer before 5 April 2026.

Announcing what it calls the “Q‑Day Prize” on X, the group wrote: “We just launched the Q‑Day Prize. 1 BTC to the first team to break a toy version of Bitcoin’s cryptography using a quantum computer. Deadline: April 5, 2026. Mission: Protect 6 M BTC (over $500 B).” The post crystallises a concern that has hovered over the Bitcoin ecosystem for more than a decade: the eventual arrival of large‑scale, error‑corrected quantum hardware capable of running Shor’s algorithm against real‑world keys.

Project Eleven is not asking contestants to shatter Bitcoin’s 256‑bit curve directly. Instead, teams must demonstrate Shor’s algorithm against elliptic‑curve keys ranging from one to twenty‑five bits—sizes derisively called “toy” by professional cryptographers but still orders of magnitude beyond what has been publicly achieved on physical quantum processors. The organisers argue that even a three‑bit break would be “big news,” because it would provide the first quantitatively verifiable benchmark of quantum progress on the elliptic‑curve discrete‑log problem (ECDLP). In their words, “Nobody has rigorously benchmarked this threat yet.”

To qualify, a submission must include gate‑level code or explicit instructions runnable on actual quantum hardware, along with a narrative of methods employed, error‑rates managed and the classical post‑processing required. Hybrid attacks that lean on classical shortcuts are disallowed. All entries will be published, a decision the group frames as an exercise in radical transparency: “Instead of waiting for breakthroughs to happen behind closed doors, we believe in facing this challenge head‑on, in a transparent and rigorous manner.”

Why 1 Bitcoin—And Why Now?

Bitcoin’s security ultimately rests on the hardness of the discrete‑logarithm problem over the secp256k1 curve. While classical attacks scale exponentially, Peter Shor’s 1994 quantum algorithm could in principle solve the problem in polynomial time, collapsing the cost from cosmic to merely gargantuan. Current research estimates that on the order of two thousand fully error‑corrected logical qubits—perhaps backed by millions of physical qubits—would be sufficient to threaten a 256‑bit key. Firms such as Google, IBM, IonQ and newcomer QuEra are racing to cross the four‑digit logical‑qubit threshold, though none has publicly demonstrated anything close to that capability today.

Project Eleven says its prize is intended less as a bounty and more as a diagnostic. More than ten million Bitcoin addresses, holding over six million coins, have already exposed their public keys through prior spending activity. If quantum technology crosses the critical threshold before those coins are migrated to post‑quantum addresses, the funds would be vulnerable to immediate theft. “Quantum computing is steadily progressing,” the group warns. “When that happens, we need to know.”

The initiative lands amid a flurry of quantum‑resilience proposals within the wider Bitcoin ecosystem. Earlier this month, a group of developers submitted the Quantum‑Resistant Address Migration Protocol (QRAMP), a Bitcoin Improvement Proposal that would orchestrate a network‑wide move to post‑quantum key formats. Because QRAMP would require a consensus‑breaking hard fork, its political prospects remain uncertain.

Separately, Canadian startup BTQ has pitched an exotic proof‑of‑work alternative called Coarse‑Grained Boson Sampling, which would substitute today’s hash‑based mining puzzles with photonic sampling tasks executed on quantum hardware. Like QRAMP, BTQ’s concept demands a hard fork and has yet to garner broad support.

From a technical standpoint, running even a five‑bit elliptic‑curve version of Shor’s algorithm is brutally unforgiving: qubits with fidelities above 99.9 %, coherent for hundreds of microseconds, and orchestrated through deep circuits numbering in the thousands of two‑qubit gates would be required. Error‑correction overhead further compounds the engineering burden, meaning that contenders will likely have to employ small‑code logical qubits and impressive compilation techniques merely to keep noise under control.

Yet the prize may prove irresistible for university labs and corporate R&D teams eager to demonstrate practical quantum advantage. Cloud‑accessible devices from IBM’s Quantum System Two, Quantinuum’s H‑series and OQC’s superconducting platforms already allow limited, pay‑per‑shot access to dozens—or in IBM’s case, hundreds—of physical qubits. Whether any of those machines can sustain the circuit depth necessary remains to be seen.

Either outcome supplies invaluable data. In the words of Project Eleven’s launch tweet, the objective is stark: “Break the biggest ECC key with Shor’s algorithm. The reward: 1 BTC + go down in cryptography history.”

At press time, BTC traded at $84,771.

Crypto exchange Binance is remodeling its attitude toward regulation, flipping the script on its former notoriety as a pain in the neck of sorts to a role as an insider policy adviser to governments worldwide. The organization currently advises governments in several countries on crypto policy, recent quotes by CEO Richard Teng report.

From Rule-Breaker To Policy Consultant “We have received in fact a significant number of proposals by several governments and sovereign wealth funds to set up their own crypto reserves,” Teng said in a recent interview with the Financial Times.

The CEO said that Binance now has a framework “that regulators like much more than before.”

This shift represents a dramatic turnaround for a business previously infamous for evading regulation. Now, nearly 25% of Binance’s 6,000 staff are compliance employees, indicating just how committed the business is to playing by the book.

Trump Administration Creates New Opportunities

The shift follows US crypto policy evolution under US President Donald Trump. His recent directive to establish a national reserve of Bitcoin has set the world abuzz with interest in cryptocurrency policy. Most nations now turn to Binance for guidance.

“Compared to many other jurisdictions, [the US] is way ahead on that front,” Teng said.

Binance is now negotiating with the US Treasury to de-escalate tensions as it contemplates a return to the American market. The US Securities and Exchange Commission has suspended its investigation of the company amid these negotiations.

Binance Considers First Official Headquarters

Following years of operating without a home base, Binance is considering opening a global headquarters. That would bring its stateless period to an end, which helped it skirt around certain regulations previously.

“It demands serious consideration,” said Teng. The board and senior leadership at the company are currently mulling over options for where they can open up this base.

The firm is also increasing its political reach. Trump-supporting crypto project World Liberty Financial is set to release a stablecoin on Binance’s blockchain, which would further tie the exchange to political circles.

Legal Challenges Still Remain In Several Countries

Even with its new path, the crypto exchange hasn’t left its history entirely behind. Spanish authorities have lodged criminal charges against the exchange for the misappropriation of investors. French officials continue to probe suspected breaches of European anti-money laundering rules.

At home in the United States, Binance is subject to a five-year surveillance program at the hands of FinCEN to guarantee continued adherence to regulations.

At the same time, Binance founder and former CEO Changpeng Zhao (CZ) recently became an adviser to blockchain policy in Pakistan, further spreading the company’s reach in emerging markets.

Featured image from MakeUseOf, chart from TradingView

Dogecoin’s latest price formations suggest that an early-stage recovery might be underway, supported by signals on both short-term and mid-term timeframes. A close look at the chart activity shows technical setups that has historically led to strong breakouts. The observations come from crypto analyst Trader Tardigrade, who recently shared two updates based on patterns forming on the 1-hour and 4-hour candlestick charts.

Symmetrical Triangle Builds Quiet Momentum on 4-Hour Chart

Trader Tardigrade highlighted a symmetrical triangle forming on the 4-hour timeframe, with Dogecoin’s price gradually narrowing into the apex of the structure. While the movement appears indecisive on the surface, symmetrical triangles are known for building quiet volatility. 

In the case of Dogecoin, this symmetrical triangle has been playing out since April 8, and recently bounced off the lower trendline. According to the analyst, the longer the price continues to consolidate inside this triangle, the more momentum builds for an eventual breakout. If confirmed, this could mark the beginning of a sustained rally.

Falling Wedge Breakout And RSI Point To Positivity On 1-Hour Timeframe

As Dogecoin continues to trade in the symmetrical triangle on the 4-hour timeframe with the hopes of an upward breakout, another interesting price action is playing out on the daily candlestick timeframe chart. The focus shifts to the lower timeframe, where crypto analyst Trader Tardigrade identified a falling wedge breakout on the 1-hour chart in another analysis. More interestingly, the wedge breakout move coincided with a recovery from the oversold zone on the RSI indicator.

Falling wedges often serve as bullish reversal indicators, and the breakout from this formation is one of the first signs that Dogecoin might be preparing for a broader trend shift. The broader trend has been a bearish one for the past six weeks or so, and a trend shift will be a change into bullish momentum. The RSI bouncing from the oversold level further supports the case for growing bullish strength in the short term, although trading volume is still subdued for now.

Despite these promising price pattern, there is still a need for bullish confirmations. The symmetrical triangle’s upper boundary will need to be broken with a strong candlestick close and accompanying volume for the bullish case to take full shape. Speaking of trading volumes, trading volume is one of the means of confirming the strength of a breakout. A huge trading volume contributes to the prospect of a strong upside move. However, this wedge breakout hasn’t been accompanied by a strong surge trading volume, although the price action has increased by a few percentage points.

At the time of writing, Dogecoin is trading at $0.1557, up by 1.3% in the past 24 hours. Trading volume, on the other hand, is down by 4.7% in the same timeframe, coming out to $745 million.

A top crypto asset manager has doubled up on its backing of Dogecoin, asserting the meme coin is more than a joke due to its provision of actual utility. The company recently pointed to Dogecoin’s community orientation, speed of transactions, and low costs as important benefits in the cryptoverse.

Speed And Low Costs Drive Everyday Use Cases

According to 21Shares, Dogecoin processes blocks every minute – 10 times the rate of Bitcoin. This rapid processing combined with low fees makes it particularly useful for making small payments and tips. The asset manager attributed these technical attributes as the reasons why firms such as Tesla, AMC Theatres, and Newegg now take Dogecoin as payment.

Dogecoin has just been added by the Open House Group, one of the major real estate players listed on Japan’s Tokyo Stock Exchange. Payments processor BitPay has also assisted thousands of global merchants in taking DOGE on everyday transactions.

10-Year Growth Reaches Staggering 130,000%

Over the past decade, Dogecoin has seen its value climb by an eye-popping 130,000%, which breaks down to an annual growth rate of nearly 130%. These figures, reported by 21Shares, put DOGE at the top of the performance chart among the 25 largest cryptocurrencies by market value.

In contrast to Bitcoin’s fixed supply, there is no ceiling on the total amount of Dogecoin in existence. 10,000 DOGE is added to the network every minute, producing roughly 5.25 billion new tokens annually. 21Shares contends this linear mining system has resulted in decreasing inflation rates over time while securing the network.

Partnership And Dogecoin ETP

21Shares has gone from just applauding Dogecoin. The company recently partnered with House of Doge to list the first Dogecoin ETP (Exchange-Traded Product) to bear the Dogecoin Foundation’s stamp of approval. The product offers institutional investors a regulated vehicle for wagering on Dogecoin’s future without directly acquiring the cryptocurrency.

The asset manager also submitted filings with the Securities and Exchange Commission last week for a possible Dogecoin ETF in the United States. They’re not the only ones doing this—companies like Grayscale and Bitwise have done the same to create Dogecoin ETFs.

Technical Indicators Suggest Potential Price Rise

Meanwhile, traders looking at Dogecoin are watching closely the Relative Strength Index (RSI) at 62.32, which indicates excellent buying pressure but not yet on the verge of overbought.

Market observers point out the histogram has switched to positive and some short-term traders interpret that as a “buy” sign. Although deep-pocketed investors are cautious, retail traders are eyeing the next resistance at $0.21.

Piercing through that level could push DOGE to rise as high as $0.24 or even $0.29, technical analysts monitoring the performance of the cryptocurrency have disclosed. Under these trends, some market players anticipate Dogecoin’s increasing trend to extend.

Featured image from Pixabay, chart from TradingView

Bitcoin is once again at a pivotal moment as it trades below key moving averages, signaling mounting selling pressure and a market weighed down by growing uncertainty. The ongoing tensions between the United States and China continue to escalate, with a full-scale trade war now likely to persist through the coming months. These macroeconomic headwinds have sparked volatility across global financial markets, putting pressure on risk assets like Bitcoin.

Despite the bearish backdrop, there are signs of strength beneath the surface. According to recent data from CryptoQuant, long-term holders (LTHs) have increased their Bitcoin holdings by 297,000 BTC over the past nine days. This surge in accumulation suggests that high-conviction investors are taking advantage of the recent dip, betting on a longer-term recovery.

The market is now watching closely to see whether Bitcoin can hold its current range and eventually reclaim critical resistance levels. A strong defense of key support could offer bulls a path toward renewed momentum. Until then, uncertainty will likely drive price action, as investors assess the broader economic outlook and Bitcoin’s role as a potential hedge in an increasingly unstable global environment.

Long-Term Holders Accumulate as Bitcoin Braces for Macroeconomic Storm

Bitcoin is navigating through heightened global uncertainty as US President Donald Trump continues to escalate trade tensions with China. While last week’s 90-day tariff pause for all countries except China offered brief relief, the ongoing economic standoff between the two superpowers continues to spook global markets. Investors remain on edge, as the direction of US-China trade will likely influence broader macroeconomic conditions and capital flows.

In this uncertain environment, Bitcoin and the broader crypto market have come under pressure. Risk-off sentiment has taken hold, prompting many traders to exit volatile assets like cryptocurrencies in favor of safer investment options. However, beneath the surface, strong hands appear to be preparing for the next move.

Top analyst Axel Adler shared on-chain insights revealing that over the past nine days, Bitcoin’s Long-Term Holder supply has increased by 297,000 BTC. This trend suggests growing conviction among seasoned market participants, who are using the recent price weakness as a buying opportunity. Historically, similar accumulation phases have preceded major price rallies, indicating that long-term believers are positioning themselves for a bullish breakout once macroeconomic uncertainty begins to ease.

While short-term volatility remains likely, the growing LTH supply signals that institutional and high-conviction investors are still betting on Bitcoin’s long-term strength.

BTC Price Holds Above Key Support: $89K Breakout Next?

Bitcoin is currently trading at $84,300, maintaining its position above the 4-hour 200 moving average (MA) and exponential moving average (EMA)—two crucial technical indicators signaling short-term trend strength. Bulls now face a pivotal challenge: defending the $84K level and reclaiming the $89K resistance zone, which has capped upside attempts in recent weeks.

Holding above $84K reinforces market confidence and preserves the bullish structure on lower timeframes. A decisive move above $89K would confirm a breakout from the current consolidation range, potentially triggering a strong upward impulse toward the $93K–$95K zone as buyers regain momentum and sideline capital re-enters the market.

However, if bulls fail to protect $84K, selling pressure could accelerate. A breakdown below this level would invalidate short-term bullish signals and likely open the door to a retest of the $80K psychological support. Falling below $80K could extend the current correction, especially if macroeconomic tensions worsen or risk sentiment deteriorates further.

Overall, BTC remains in a holding pattern, with $84K serving as the battleground for short-term control. A reclaim of $89K could mark the start of a recovery rally, while a failure here risks deeper downside in the days ahead.

Featured image from Dall-E, chart from TradingView