Author: Defx Intern

Just days after the launch of President Donald Trump’s Truth.Fi fintech venture, the firm is already plotting to offer Bitcoin investment products. According to recent reports, Truth.Fi is planning to launch a ‘Bitcoin Plus’ ETF, signaling a strong interest in the cryptocurrency market.

The move comes as a surprise to many, given Trump’s previous criticisms of Bitcoin and other cryptocurrencies. However, it appears that the former president’s views on digital assets may have evolved, or perhaps the potential for significant financial gains has outweighed his initial skepticism.

The launch of a Bitcoin ETF by Truth.Fi could have significant implications for the cryptocurrency market. ETFs have long been seen as a potential catalyst for greater mainstream adoption of cryptocurrencies, as they provide a more accessible and regulated way for investors to gain exposure to digital assets.

If successful, the Truth.Fi Bitcoin Plus ETF could attract a new wave of institutional and retail investors to the cryptocurrency space, potentially driving up demand and prices. However, it remains to be seen how regulators will respond to the proposal, given the ongoing regulatory uncertainty surrounding cryptocurrencies in the United States.

As more details emerge about Truth.Fi’s Bitcoin Plus ETF, market participants will be closely watching to see how this development unfolds and what impact it may have on the broader cryptocurrency landscape.

Tags: Trump, Truth.Fi, Bitcoin ETF, Cryptocurrency, Fintech

Source: https://decrypt.co/304735/president-trump-truthfi-bitcoin-plus-etf

XRP’s price has taken a sharp downturn in the past 24 hours, extending its seven-day losses and slipping below a critical support level at $2.50. This breakdown opens up the risk of further decline to the next key support range between $2.25 and $2.30. The bearish sentiment is reinforced by the looming death cross on the 4-hour chart, signaling a potential shift in momentum favoring the bears.

The imminent death cross, indicated by the 50-day moving average crossing below the 200-day moving average, suggests that the ongoing power struggle between bulls and bears might be tilting in favor of the bears. If the bears maintain their dominance, XRP could breach minor support levels at $2.30 and $2.25, potentially dropping to $1.91 and erasing its gains from the past two months.

Furthermore, XRP’s performance against Bitcoin has turned negative, with the altcoin closing below its 50-day MA on the XRP/BTC daily chart for the first time in nearly three months. This trend shift is confirmed by the Relative Strength Index (RSI), which is now in a downtrend.

At the time of writing, XRP is trading at $2.43, down 3.26% over the past 24 hours and 21.66% over the past week. These losses, coupled with weakening technical indicators, paint a cautious outlook for the altcoin in the near term. However, if Bitcoin’s price stabilizes above $100,000, the ongoing dip could present potential accumulation opportunities for investors between $2.40 and $2.50.

Tags: XRP price, death cross, moving averages, technical analysis, crypto market

Source: https://bitcoinist.com/xrp-threatens-death-cross/

Bitcoin’s price has been on a rollercoaster ride, oscillating between $95,850 and $96,234 in the past hour. Despite the fluctuations, the leading cryptocurrency boasts a valuation of $1.917 trillion and a global volume footprint of $47.52 billion. However, Bitcoin currently lingers 11% beneath its historic lifetime price high, facing a crucial test of key support levels.

The hourly chart reveals price stabilization with modest declines, suggesting that bulls are struggling to maintain their grip on the market. As Bitcoin approaches critical support levels, the outcome of this battle could determine the short-term trajectory of the cryptocurrency.

Market participants should keep a close eye on these key support levels, as a breach could potentially trigger further downside pressure. On the other hand, if Bitcoin manages to hold above these crucial levels, it could pave the way for a potential recovery and a renewed attempt at breaking through resistance.

The current market sentiment appears to be cautiously optimistic, with investors closely monitoring the developments around these key price levels. As Bitcoin continues to face the ultimate test of its resilience, the coming hours and days could prove to be pivotal in shaping the near-term outlook for the world’s largest cryptocurrency.

Tags: Bitcoin price analysis, key support levels, market sentiment, cryptocurrency market, technical analysis

Source: https://news.bitcoin.com/bitcoin-price-analysis-rollercoaster-fluctuations-as-key-support-faces-ultimate-test/

The Solana-based meme coin BONK has seen a dramatic 76% price decline from its peak, effectively wiping out all of its gains from 2024. Despite this significant pullback, a crypto analyst suggests that the current dip could present a strategic buying opportunity for investors.

BONK’s recent crash marks the fourth major correction in its history, with the meme coin experiencing three significant price drops of over 60% in 2024 alone. The current 76.08% decline in 2025 is the highest crash compared to the previous corrections.

However, the TradingView analyst ‘Cusdridge19523’ believes that BONK’s current price level, which aligns with past support and consolidation areas, offers an attractive entry point for investors looking to capitalize on market dips. Historically, BONK has demonstrated a clear pattern of strong price reversals following sharp market corrections.

Furthermore, the analyst reveals a bullish outlook for the broader crypto market in 2025, with growing speculation surrounding Solana-based Exchange Traded Funds (ETFs). The potential introduction of a Solana ETF could drive institutional interest, indirectly benefiting meme coins like BONK. The possibility of a BONK ETF has also been highlighted, adding to the bullish sentiment.

While the recent price decline may seem discouraging, it is essential to consider the historical context and potential market catalysts. BONK’s past performance suggests that significant dips often precede strong recoveries, making the current price level an intriguing opportunity for risk-tolerant investors.

As always, it is crucial to conduct thorough research and consider individual risk tolerance before making any investment decisions. The volatile nature of meme coins and the broader cryptocurrency market demands caution and a well-informed approach.

Tags: Solana, BONK, meme coins, price analysis, buying opportunity, ETFs

Source: https://www.newsbtc.com/analysis/bonk/solana-bonk-roundtrips/

Economist Peter Schiff has sounded the alarm on the Federal Reserve’s stress tests, claiming they fail to account for a potential financial catastrophe that could bring down major banks. In his view, the Fed’s recent 2025 stress test scenarios, which outline hypothetical economic conditions, do not adequately address the true risks facing the banking system.

Schiff’s warning carries weight given his track record of predicting the 2008 financial crisis. If his assessment proves accurate, it could have far-reaching implications for the stability of the global financial system. The potential for a banking collapse would likely send shockwaves through markets, leading to a significant downturn in asset prices and a flight to safe-haven investments like gold and bitcoin.

For cryptocurrency enthusiasts, Schiff’s warning may reinforce the narrative of bitcoin as a hedge against traditional financial instability. If confidence in the banking system erodes, more investors may turn to decentralized assets as a means of protecting their wealth. However, it’s important to note that bitcoin’s price would not be immune to a broader market sell-off in the short term.

Ultimately, the Fed’s response to Schiff’s critique and its ability to navigate potential economic headwinds will be critical in determining the severity of any future financial crisis. As the situation develops, market participants will need to remain vigilant and adapt their strategies accordingly.

Tags: Peter Schiff, Federal Reserve, financial crisis, bitcoin, banking system

Source: https://news.bitcoin.com/no-major-bank-could-survive-it-peter-schiff-warns-fed-is-unprepared-for-real-threat/

Berachain, a new “proof-of-liquidity” blockchain with a bear theme, has officially launched its mainnet. Alongside the launch, the project is conducting a massive $1.1 billion airdrop of its native BERA token.

As a rival to established networks like Solana and Ethereum, Berachain aims to attract developers and users with its unique consensus mechanism and the allure of the substantial initial token distribution. The proof-of-liquidity model is said to prioritize projects and users that contribute significant liquidity to the ecosystem.

The $1.1 billion BERA airdrop is likely to generate significant attention and potentially drive short-term demand for the token. However, the long-term success of Berachain will depend on its ability to foster a thriving developer community, attract meaningful applications, and demonstrate clear advantages over existing blockchain networks.

Investors should approach new blockchain projects with caution and conduct thorough research before participating in any token sales or airdrops. The hype surrounding large airdrops can sometimes overshadow the fundamental value and viability of a project.

As Berachain enters the competitive landscape of layer-1 blockchains, it will need to differentiate itself through technical innovation, ecosystem growth, and strong partnerships. The project’s progress in the months following its mainnet launch will provide crucial insights into its potential to establish itself as a significant player in the blockchain industry.

Tags: Berachain, BERA token, proof-of-liquidity, blockchain, airdrop

Source: https://decrypt.co/304738/berachain-bera-airdrop-mainnet-launch

In a recent interview with the Wall Street Journal, iconic actor Harrison Ford praised the voice actor who portrayed him in the new ‘Indiana Jones’ video game. Ford, also known for his role as Han Solo in the Star Wars franchise, emphasized that the actor did a brilliant job without the need for artificial intelligence (AI) to replicate his voice and performance.

This statement comes amidst growing concerns in the entertainment industry about the potential use of AI to replace human actors and voice artists. Ford’s endorsement of the human voice actor’s work in the ‘Indiana Jones’ game serves as a testament to the unique value and authenticity that human performers bring to their craft.

While AI has made significant strides in voice synthesis and replication, it still lacks the emotional depth, nuance, and soul that human actors can infuse into their performances. Ford’s comments underscore the importance of preserving the human element in creative industries, even as technological advancements continue to shape and transform various aspects of entertainment.

As the debate surrounding AI’s role in the entertainment industry evolves, Harrison Ford’s stance serves as a reminder of the irreplaceable value of human talent and the need to strike a balance between embracing innovation and preserving the essence of artistic expression.

Tags: Harrison Ford, Indiana Jones, Video Games, Voice Acting, Artificial Intelligence

Source: https://decrypt.co/304739/harrison-ford-indiana-jones-video-game-ai

In a significant development, the U.S. Securities and Exchange Commission (SEC) has reassigned its lead crypto prosecutor, signaling a potential shift towards a more pro-crypto regulatory approach. This move comes as Republican leadership and directives from the Trump administration push for a more accommodating stance on cryptocurrencies.

The reassignment of top crypto enforcers at the SEC marks a turning point in the agency’s approach to regulating the crypto industry. With the departure of key figures who have been at the forefront of the SEC’s crypto enforcement actions, a new era of regulatory oversight may be on the horizon.

The implications of this policy shift could be significant for the crypto market. A more pro-crypto stance from the SEC could pave the way for greater institutional adoption and mainstream acceptance of cryptocurrencies. It may also provide clarity on the regulatory framework surrounding digital assets, reducing uncertainty for investors and entrepreneurs alike.

As the SEC navigates this new direction, market participants will be closely watching for any changes in enforcement actions and regulatory guidance. The crypto industry has long sought clearer rules and a more supportive regulatory environment, and this shift at the SEC could be a step towards achieving those goals.

However, it remains to be seen how this new approach will play out in practice. While a pro-crypto stance is encouraging, the SEC will still need to balance investor protection with fostering innovation in the crypto space. Striking the right balance will be crucial in shaping the future of the crypto market in the United States.

Tags: SEC, crypto regulation, Trump administration, pro-crypto, regulatory shift

Source: https://news.bitcoin.com/secs-lead-crypto-prosecutor-reassigned-as-regulatory-shift-takes-hold/

Crypto strategist Ali Martinez’s recent fractal analysis suggests that Cardano (ADA) could be on the verge of a staggering 1,850% rally, potentially reaching $15 from its current price around $0.76. The analysis, based on comparing the current market structure to the 2018-2021 cycle, points to a near-identical setup that could lead to a parabolic surge in ADA’s price.

The key level to watch, according to Martinez, is the $0.76-$0.80 range, which is acting as a critical support zone. In the previous cycle, this level served as a springboard for a massive bull run. If history repeats itself, ADA could see a significant upside move, with the next major resistance around $1.60, followed by a potential rally towards $15.

While fractals are not guarantees of future price action, they provide valuable insights into potential market behaviors. Martinez’s analysis underscores the importance of the $0.76 support level for Cardano and suggests that a successful retest of this level could lead to a strong bullish momentum.

As with any technical analysis, it’s crucial to consider broader market conditions and sentiment. If the overall crypto market remains bullish and Cardano continues to see strong development and adoption, the fractal-based projection could play out, leading to substantial gains for ADA holders.

However, it’s important to note that the crypto market is known for its volatility, and past performance does not guarantee future results. Investors should always conduct their own research and exercise caution when making investment decisions.

Tags: Cardano price prediction, ADA price analysis, crypto market analysis, fractal analysis, technical analysis

Source: https://www.newsbtc.com/news/cardano-explode-1850-monster-parabolic-rally/

In a recent market downturn, three of the top cryptocurrencies – Dogecoin, XRP, and Cardano – have experienced significant losses, each shedding approximately 26% of their value over the past week. This decline comes as Bitcoin, the world’s largest cryptocurrency by market capitalization, struggles amidst the ongoing trade war initiated by former U.S. President Donald Trump.

The current market sentiment appears to be driven by a combination of factors, including geopolitical tensions and regulatory uncertainty. As Bitcoin, often regarded as a bellwether for the broader crypto market, faces challenges, altcoins such as Dogecoin, XRP, and Cardano have found themselves caught in the downdraft.

This recent market volatility serves as a reminder of the inherent risks associated with investing in cryptocurrencies. While these digital assets have the potential for significant gains, they are also susceptible to rapid and substantial declines. Investors should exercise caution and conduct thorough research before allocating funds to any cryptocurrency.

Moving forward, market participants will likely keep a close eye on developments surrounding the trade war and any potential regulatory actions that could impact the crypto space. As the market continues to evolve, it remains to be seen how these top coins will fare in the face of ongoing challenges and uncertainties.

Tags: Dogecoin, XRP, Cardano, Bitcoin, Crypto Market Downturn

Source: https://decrypt.co/304737/dogecoin-xrp-cardano-down-bad-bitcoin-sinks