Panama City Council to Accept Crypto for Payments

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Panama City Council has made history as the first-ever public government body to accept crypto for official payments, following years of legislation back-and-forth.

 

Crypto enthusiasts in Panama City are filled with optimism following the city’s decision to accelerate crypto adoption in the economy. The city council voted in favour of this, allowing a partnership with banks to facilitate crypto transactions.

The financial hub of Latin America uses the U.S dollar as a legal tender while hosting over 70 international banks. According to Mayer Mizrachi on X (formerly Twitter):

 

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, USDT.

 

Adding to its favourable tax regulations, using crypto for official payments is a boost to crypto adoption globally. With big global financial institutions integrating crypto payments in the city, the market could see this ripple to other cities where they operate.

 

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Tron (TRX) Holds THIS Support amid Positive Q1 Growth

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Tron bulls hold strong at the $0.2500 support zone, anticipating a price upsurge as TRON DAO announces gas-free USDT transfers.

 

Tron has flipped its previous resistance at the $0.2500 level, turning it into a strong support. Additionally, the coin saw renewed buying interest following its announcement of gas-free USDT transfers.

According to a report by Messari, the TRON network has recorded a 2.7% revenue increase alongside a 6.5% growth in active addresses in Q1 2025. Additionally, USDT stablecoin has gained 99.3% dominance on the network.

 

 

Source: Messari

TRX signals strength in the charts and its fundamentals. The coin could be poised for a price uptrend in the mid-term as bullish momentum strengthens.

With a 3.02% price upsurge in the past 24 hours, at press time, Tron signals high potential. Traders should observe the open interest and buying pressure at this support to understand Tron’s movement in the next few days.

 

 

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Stripe to Integrate Crypto Businesses in its $91B Infrastructure

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Stripe, the giant internet financial infrastructure with over 1.2 million users, plans to serve Bitcoin and Crypto Businesses.

 

Cryptocurrencies face mainstream adoption faster than expected in 2025 as institutional interest increases. Stripe, a company that provides payment processing software and APIs to businesses, has revealed its intention to serve Bitcoin and crypto businesses.

With its huge customer base of over 1.2 million users, the crypto market could see new players boosting adoption. According to a recent post on X (formerly Twitter) by renowned Crypto enthusiast, Ash Crypto:

 

$91 billion Stripe, with 1.2 million users, is planning to serve Bitcoin and Crypto Businesses.

 

 

With Blackrock buying $37 million worth of BTC and Abraxas Capital (worth $3 billion) buying BTC worth $63.48 on the 15th of April, there is a clear sign of serious mainstream Bitcoin adoption.

With growing favourable regulatory compliance policies, the crypto market could see brighter days ahead. Blockchain technology could fuse with diverse aspects of daily life as the freedom associated with decentralization becomes popular.

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Ethereum Weakens as SEC Delays Grayscale’s ETF Approval

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U.S Securities and Exchange Commission has postponed Grayccale’s Ethereum ETFs while the coin approaches a critical support.

 

On April 14th, the U.S. Securities and Exchange Commission(SEC) released a notice citing the postponement of  Grayscale’s Ethereum ETFs approval to the 1st of June. Following this notice, ETH has been facing significant bearish pressure as investors watch closely. Ethereum is trading at $1586 as of press time, per CoinMarketCap data.

According to technical analysis by Ali Martinez on X (formerly Twitter) Ethereum is breaking below its ascending triangle on the hourly chart.

 

Source: X

 

With  heavy pockets sitting below this level, liquidations could trigger more downside as bearish momentum persists. One should watch out for  whale activity, trading volume and momentum at the $1550 level for further insights.

 

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Mantra(OM) CEO to Burn 100% of Team Tokens to Restore Trust

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Mantra CEO JP Mullin has announced a plan to burn 100% of the team allocation tokens to win back the trust of the project’s vast community.

 

April 15th—Mantra CEO JP Mullin has sparked debate in the crypto space regarding the team’s innocence in the recent OM token crash. In a surprising turn of events, Mullin has declared that he is planning a burning strategy for 100% of the team’s allocation tokens. According to his X(formerly Twitter) post:

 

The teams token allocation are actually vesting only starting in 2027, which is 30 months from mainnet launch (Oct. 24). I’m planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back.

 

This follows allegations of insider trading and manipulations leading to massive liquidations of traders’ positions. However, according to Mullin’s recent interview:

 

We did not sell a single OM… The team also did not get liquidated… We don’t have leveraged positions on exchanges…we don’t do that.

 

He also stated that he will create a “comprehensive burn program” for other parts of the OM supply. Some crypto enthusiasts believe burning 100% of the team allocation could lower their morale.

However, Mullin’s announcement is a step towards desirable accountability and leadership in the crypto space.

 

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Chainlink(LINK) Faces Bearish Pressure at $12.5-What’s Next?

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Chainlink flashes signs of weakness as price fluctuates around the $12.5 zone. Will LINK break or make?

 

Chainlink price action suggests weak bullish momentum in the last 24 hours, as of press time. The altcoin has recently broken below multiple BOS (Break of Structure) and CHoCH ( Change of Character) levels, flashing bearish signals.

According to the analyst, BlockchainBaller on CoinMarketCap, traders are eyeing the $13 EQH (Equal High) as a resistance zone for LINK to break. If the bears pull strongly, Chainlink could retest the $11-$10 support and demand zone.

 

Source: CoinMarketCap

 

Following LINK’s technical setup, one should watch for the coin’s open interest, long-short ratio, and trading volume at the $12.5 zone. If Chainlink’s bulls step in with high buying pressure, the coin could see strengthened bullish momentum and break past $13, attempting a rally in the mid-term.

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Memecoin Mania:PumpFun and PumpSwap Hit $551.29 M 24H Volume

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The crypto meme coin frenzy could be back following all-green memecoin candlesticks on the charts and high trading volume in the past 7 days.

 

Meme coin hype could be crawling back in the crypto market as speculative trading gains renewed interest. In the past 7 days, memecoins flashed all-green candles on the charts with notable price surges, signalling a steady capital inflow.

According to Whale Insider, Pumpfun and PumpSwap platforms hit a combined new all-time high with $551.29 million in 24 hour trading volume.

 

So, what is driving the hype?

PumpFun and PumpSwap have made it easy for crypto enthusiasts to launch and trade their meme fantasies or ideas backed by an established Solana ecosystem and community. The availability of this tool at ease and the wide social media buzz around memes appeals to degen traders.

Additionally, the speed of on-chain transactions across the Solana ecosystem and affordable fees allow the launch of many memecoins on the platform in a single day, pushing the trading volume through the roof.

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Highest-ever Bitcoin Purchase in Q1-Corporations Bought 95,431 BTC!

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Corporate Bitcoin adoption is surging as companies buy 95,431 BTC in Q1, 2025, signalling heightened institutional confidence in crypto.

 

Bitcoin has found itself in the crypto spotlight on Tuesday, not only for hitting the $86k milestone, but also for the highest corporate acquisition in Q1 history over the years.

According to the latest report shared by Bitwise, institutions have recorded a total purchase of 95,431 BTC in Q1, 2025. Per the data, this marks BTC’s highest acquisition by large institutions in Q1 over the years.

 

Source: Bitwise

 

Bitcoin saw its first stages of Corporate interest during the COVID-19 pandemic period, following Strategy’s (formerly Microstrategy) 21,454 BTC purchase in August 2020 at $ 250 M. From treasury diversification to balance sheet reserves, BTC is spreading its wings in corporate finance.

Bitwise has noted this surge as a sign of increased investor confidence post-ETF approvals and clearer regulatory policies.

 

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How to Leverage Real-World Assets(RWAs) in DeFi Protocols

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The tokenization of real-world assets (RWAs) presents opportunities for Decentralized Finance (DeFi) users to earn yield via blockchain protocols.

 

As of 2025, real-world assets such as real estate and bonds are finding their way into the decentralized finance (DeFi) ecosystem powered by blockchain technology. Property, treasury bills, and invoices are on the verge of tokenization for usage in DeFi protocols.

A recent report by Ripple Labs and BCG revealed that the tokenization market could hit $19 trillion by 2033.

So, where can you access and earn from RWAs

DeFi protocols like Centrifuge, MakerDao, and Goldfinch have pioneered the integration of RWAs in their Ecosystems. For instance, MakerDao allows users to earn yield via tokenized U.S. treasury bonds, enabling them to gain exposure to such investments in a decentralized manner.

Using blockchain protocols, real data on ownership and market trends in RWAs is available on-chain for users to access their assets at all times.

Source: TradingView

 

With the total value locked (TVL) on RWAs projected to grow exponentially over the next decade, it could be a high time for investors to consider this emerging asset class into the future.

 

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U.S to Consider Buying Bitcoin with Tarrif Revenue

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U.S Digital Assets Executive Director Bo Hines has revealed that the Trump administration may consider using tariff revenue to buy Bitcoin.

 

In an interview with the Pomp Podcast, the executive director of Trump’s Council of Advisors on Digital Assets, Bo Hines, has raised market enthusiasm regarding Bitcoin’s future. According to the Interview, the Trump administration is considering revenue from tariffs as capital to acquire more Bitcoin in addition to its reserves.

Bitcoin has surged 7.06% in the past 7 days, with its price fluctuating around $85,712 at press time, per CoinMarketCap Data. This is indicative of BTC’s strong momentum amid institutional and government support.

 

Source: CoinMarketCap

 

Trump’s meeting with pro-Bitcoin El Salvador’s President on 1the 4th of April has fuelled BTC’s bullishness as the market anticipates their cooperation in the advancement of Bitcoin adoption.

Crypto enthusiasts and Bitcoin maximalists are closely watching these developments and the Trump administration’s direction concerning BTC reserves.

 

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