SCOOPIST

Stablecoins Surpass Visa in Payment as Ethereum Handles 95% Transcations

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For the first time, stablecoins have outpaced Visa in annual payment volume, with the Ethereum network handling 95% of all transactions.

A development in the global payment infrastructure has hinted at a potential shift from traditional payment systems toward crypto-based payment solutions. An annual report tracking the past 6 years of Visa and stablecoin payments has revealed exponential growth in stablecoin usage in the past 12 months.

According to data shared by Ethprofit on X(formerly Twitter), trust in stablecoins like USDT and USDC has heightened. The growth in stablecoin usage was more than 50% in 2024, with the Ethereum network backing 95% of the transactions executed.

As of 2025, the crypto market is witnessing a huge fusion with traditional finance systems as Bitcoin and Ethereum lead the adoption process. This comes as a challenge to the old financial market giants. The question is, will they adopt crypto as the next phase in payments and value transfer soon enough?

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Hyperliquid (HYPE) Holds Key Support- Is $36 Next on the Cards?

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Hyperliquid surges 8.67% with a high trading volume after retesting and bouncing off a key support. Technical analysis hints at $36 as a long-term target.

Hyperliquid, the high-performance decentralized perpetuals exchange, has seen its token, HYPE, surge 8.67% in the past 24 hours, as of this writing. Per CoinMarketCap data, the coin’s trading volume has risen 28.41% following a retest and bounce-off at the $12-$13.5 key support zone on the daily chart.

According to technical analyst Solberg Invest, with the momentum building, traders are eyeing the $19-$27 key resistance zone in the mid-term while targeting $36 in the long-term.

Derivatives data by Coinglass signals heightened open interest (+10.12%) as HYPE’s Open Interest (OI) Weighted Funding Rate turns positive.

With prices fluctuating around the $16.7 level, hype could be geared up for a rally soon. One should watch for the coin’s buying volume, open interest, and Relative Strength Index(RSI) in the current setup to understand HYPE’s next moves.

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Web3 DDIDS: Is this the Future of Privacy and Data Control?

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Web3 Distributed Decentralized Identifiers Systems (DDIDS) could be the future of digital identity, presenting privacy, trust, and personal data control to people online. So what are DDIDS?

Considering the evolution of the internet, the current generation of internet users has traded their privacy with giant corporations for services. This has raised concerns over surveillance and data leaks that could harm innocent internet users. However, with the birth of blockchain technology, people could be safe from risking personal information for every sign-up or login they make online.

Distributed Decentralized Identifier Systems in Web3 use blockchain technology to create secure and self-owned digital identifiers. This means a user controls their own Decentralized Identifier(DID) and not big tech companies. DDIDs have already been tested in some Decentralized Finance (DeFi) platforms, healthcare, education, and Decentralized Autonomous Organization (DAO) governance.

Is this the future of data privacy?

With rising misuse of personal data by the big corporations in the tech industry, a mistrust of centralized systems is kicking in. Internet users have incurred losses due to database breaches or leakages, fuelling the desire for privacy and personal data control. DDIDs could be the solution to data privacy in the future.

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Japanese Fashion Retailer Anap Buys BTC for Reserves-Digital Gold FOMO?

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Japanese fashion retailer Anap has added Bitcoin to its treasury, joining the list of companies accumulating Bitcoin for reserve assets. Is this fear of missing out(FOMO) on Digital Gold?

A rising global “Bitcoin treasury movement” has hit the digital asset market as traditional finance(TradFi) flows into Bitcoin, the “digital gold”, per crypto enthusiasts. A new report by The Bitcoin Historian has revealed this global trend.

According to the post on X (formerly Twitter):

¥ 10 BILLION PUBLIC JAPANESE FASHION RETAILER ANAP JUST BOUGHT #BITCOIN FOR ITS TREASURY “THE GLOBAL TREND OF BTC BECOMING A RESERVE ASSET IS IRREVERSIBLE.”

Anap Holdings has acquired 10 billion Japanese yen (approximately $ 67 million) worth of Bitcoin in a move to diversify its investment assets.

As of 2025, other major non-mining companies holding BTC include Strategy, Tesla, Block Inc., Galaxy Digital Holdings, and Bitcoin Group SE, among others. Bitcoin is joining the TradFi balance sheet at a faster rate, signalling growing adoption globally.

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Solana Reclaims $69B Market Cap amid Highest 7-day DEX Volume

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Solana has reclaimed its $69B market cap, fuelled by heightened institutional interest and high DEX volume.

Solana ecosystem has caught the market’s attention following its 7-day market performance. In the past 24 hours, Solana recorded a 36.96% increase in trading volume with a 5.51% price surge at press time, per CoinMarketCap.

Solana has topped the list and surpassed Ethereum in Decentralized Exchange(DEX) trading volume in the past 7 days, while its market cap reclaimed the $ 69 billion mark. Additionally, the real estate fintech firm Janover has bought 80,567 $SOL, worth approximately $10.5 million for its treasury.

With rising institutional interest, Solana is geared up for a bullish rally in the coming days. In fact, according to Ali Martinez’s post on X (formerly Twitter), 71.87% of traders in Binance with open positions are betting on upward price movement.

As institutional interest rises and heightened memecoin frenzy, Solana’s uptrend chances are high. One should keep an eye on the ecosystem’s developments, SOL open interest, and trading volume in the next few days for further insights.

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Whale Accumulation: THIS New Wallet Moved BTC Worth $118.3M!

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A brand-new wallet has withdrawn 1,398 BTC valued at $118.3 million from the Kraken Exchange. Could this be another institutional buyer?

Bitcoin is signalling a potential mid-term rally and has drawn significant institutional interest as of Q1 2025. As of press time, BTC is trading at $84,460 per CoinMarketCap data. Despite slight price fluctuations, Whale Insider has reported a mysterious wallet accumulating BTC, potentially anticipating a rally soon. According to the X post:

Newly created wallet withdraws 1,398 $BTC worth $118.3 million from Kraken exchange.

A look at the on-chain metrics reveals that this is a new wallet with no prior transaction history.

So, what does this suggest?

As centralized exchange reserves drop due to large withdrawals (potential accumulation), BTC’s scarcity rises. As demand grows, Bitcoin surges as traders anticipate and speculate on future price increases.

While the withdrawal seems like another crypto transfer, timing and scale influence the market behaviour in the crypto space.

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Russia’s Finance Ministry Proposes Ruble-Pegged Stablecoin

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Russia’s Finance Ministry calls for a ruble-based stablecoin to reduce reliance on U.S dollar-backed stablecoins.

Russia, a member of the BRICS economic alliance, has been vocal on the concept of de-dollarization as a way of minimizing U.S dominance on the global economy. In addition to U.S. sanctions over the Russia-Ukraine War, the country also saw its wallets holding over $30 million in USDT frozen.

As a result, Osman Kabaloev, a senior officer in the Ministry of Finance, has proposed a ruble-pegged stablecoin in a move to strengthen Russia’s financial independence. However, the Bank of Russia opposes the idea of private stablecoins while promoting its digital ruble.

What does this mean for Russia?

The recent development in Russia’s Ministry of Finance is a step toward wider crypto adoption in its regulated crypto space. The growing split between central regulators and advocates of innovation could open more opportunities for crypto enthusiasts in Russia.

Similarly, this comes a challenge to Russia’s crypto strategy as the country minimizes exposure to western financial control.

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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.

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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