Tag: Bullish rally

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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XRP:66.86% of Traders in Binance are Going Long!

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XRP bulls show strength as the Binance Exchange Long-to-Short ratio reaches 2.02. Does this mean more upside for the altcoin?

 

Over the past 24 hours, most XRP traders on the largest Exchange by trading volume, Binance, have signaled high conviction in XRP’s bullishness. At press time, XRP was trading at $2.17, a 1.66% price surge in the last 24 hours and 16.27% in the past week, despite a low trading volume in the past day.

Looking at the on-chain metrics, 66.86% of traders on Binance bet on XRP’s price uptrend, over 33.14% shorting the asset.

Source: X

Why are traders betting on XRP’s Price upsurge?

XRP’s price rally could be fueled by the following reasons:

  • XRP ETFs are on the verge of approval.
  • Japanese banks are considering XRP for payments.
  • SWIFT integration with XRP is underway.
  • Ripple’s SEC case nears resolution.
  • Possible usage of XRP ledger on real-world asset (RWA) tokenization.

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Strategy Adds 3,459 Bitcoin to Hold over Half Million BTC

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Michael Saylor announces that Strategy has bought another 3,459 Bitcoin, boosting the Company’s BTC stash to surpass half a million.

 

Strategy, formerly known as Microstrategy, is a U.S.-based business intelligence company that has shifted its focus to a bold Bitcoin investment vision since 2020. The company’s Executive Chairman and Co-founder, Michael Saylor, has announced its latest BTC purchase on the 13th of April. According to his X post ;

 

$MSTR has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per bitcoin and has achieved BTC Yield of 11.4% YTD 2025. As of 4/13/2025, @Strategy holds 531,644 $BTC acquired for ~$35.92 billion at ~$67,556 per bitcoin.

 

He revealed that the company’s yield on BTC has hit 11.4%  year to date. MicroStrategy became the first major company to adopt Bitcoin as a treasury reserve. Despite BTC’s volatility during market cycles, the company has kept “strong hands” on its coins, advocating a HODL Bitcoin investment approach.

Strategy’s Bold Bitcoin acquisition suggests rising corporate confidence and institutional adoption of Bitcoin as a digital asset in large portfolios.

 

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THIS Whale Goes 40X Long on BTC with $200M Position!

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On-chain metrics hint at whale accumulation as Bitcoin’s Bullish momentum strengthens.

 

A recent observation of large Bitcoin transactions has revealed heightened investor conviction in BTC’s bullish momentum. As of this writing, BTC was trading at $84,717, a 10.6% surge in the past 7 days, per CoinMarketCap. Following the Trump administration’s sentiment on Bitcoin and its potential reserves, many institutional and large investors signal confidence in BTC’s long-term uptrend.

A recent post by CryptoGoos on X (formerly Twitter) has revealed a mysterious whale’s transaction. According to the on-chain data, the whale went on a 40X long position on BTC with approximately $200 million.

 

Source: X

 

Bitcoin’s Relative Strength Index(RSI) stands at 51, suggesting more room for buying. With the MACD(12,26), short-term and mid-term moving averages flashing a strong “buy”, BTC could hit $85K in the next few days as the bulls grow stronger.

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World Liberty Financial: Trump Holds 94% Ethereum-based Portofolio

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Trump, through World Liberty Financial, is holding a crypto portfolio consisting of 94% Ethereum blockchain. What does he know?

 

U.S President Donald Trump is holding a crypto portfolio that is surprisingly going almost fully into Ethereum. Despite recent market volatility and rumoured sell-offs, World Liberty Financial has kept a strong hand on the Ethereum blockchain. With so many projects full of potential in the market,  Crypto enthusiasts wonder what could be the reason for this.

 

Source: X

The possible reasons for such a portfolio

Ethereum is not just an ordinary coin but a bridge connecting a huge DeFi, NFTs, and Smart Contracts ecosystem. World Liberty Financial was established to promote digital freedom, financial independence, and the tokenization of assets.

Ethereum is a suitable and well-established blockchain that supports this agenda. It has notable market dominance as the King of altcoins. Therefore, Trump could be betting on its huge infrastructure with confidence that it will reshape finance and politics in the future.

 

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Binance Bitcoin Perpetual-Spot Gap is Narrowing-Bullish Signal?

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The perpetual-Spot Gap tracks the difference between Binance’s perpetual futures price and BTC spot price. When this Gap turns positive, BTC enters a bullish phase.

 

The narrowing Binance BTC perpetual-spot gap is a significant market insight worth considering to understand Bitcoin’s market signals. The perpetual futures price of BTC on the Binance exchange is trading below its spot price. This means that traders are cautious in their moves and unwilling to pay a premium.

 

The gap is narrowing. What does this mean?

A narrowing gap means the market’s bearish pressure is weakening. Historically, when perpetuals trade at a premium(positive gap), it is a bullish signal. Traders are willing to pay more to get future BTC exposure based on rising confidence.

 

Source: Cryptoquant

 

So, why does this matter?

The narrowing gap signal appeared in the late 2020-2021 bull run, and some parts of 2024. As the bearish pressure weakens, trade war calms down, and governments become pro-crypto, will the gap flip positive soon?

Heightened ETF inflows, funding rates, and macro sentiment could strengthen the signal and give insights into the strength of BTC’s growing bullish momentum.

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U.S White House to Consider Using Gold Reserves to Buy Bitcoin

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U.S. Senate Banking Committee Member, Tim Scott, says major Bitcoin and crypto bills will be passed by August as the U.S. considers selling some of its Gold Reserves to buy Bitcoin.

 

The United States Treasury claims to hold about 261 million troy ounces of gold, equivalent to 8133.46 metric tons, in its reserves. A new report by a Senior White House official has fueled market enthusiasm regarding Bitcoin’s future. According to the report circulating online, the US is considering selling some of its gold reserves to buy Bitcoin.

 

A part of the circulating report has the following details, giving insights into what looks like a bullish signal for the market.

 

Source: X

 

Lately, Michael Saylor, Microstrategy’s Co-founder and Executive Chairman, has advised the U.S administration to sell its gold reserves and buy Bitcoin to “bankrupt” its enemies by dominating the world of reserve capital. In other cases, he calls it “buying the future”. As policies regarding digital assets become clearer, Bitcoin could see its value rise exponentially in 2025.

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Bitcoin is Recovering and Testing a Key Resistance Zone

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Bitcoin is recovering and currently testing the $83k-84k resistance zone. With the trade war cooling, is BTC’s rally on the cards?

 

Bitcoin has surged 2.07% in the past 24 hours signalling a strengthening bullish momentum. According to CoinMarketCap data, BTC was trading at $83,810 at the time of writing.

Following a freeze on trade tarrifs by U.S President Donald Trump, the stock market has been recovering. Similarly, Bitcoin bulls are pushing upwards as BTC tests the $83k-84k key resistance zone on the 12-hour chart.

Source: X

 

Based of Technical analysis by World of Charts on X( formerly Twitter), if Bitcoin bulls break past the $84k above this key resistance zone, the King of crypto could be poised for a notable uptrend.

Bitcoin’s RSI stands at 51, a neutral zone showing more buying potential. With more than 313 million in Exchange outflow, and 88% of holders in profit, the happy “strong hands” could be accumulating more. While new traders enter new positions, a breakout could lead to the next bull rally.

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What is Blockchain Interoperability and Why does it Matter?

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Blockchain interoperability remains the missing link in bridging and uniting blockchains to a giant seamless digital ecosystem powering DeFi growth.

 

Blockchain technology is no longer a tech-savvy word for revolutionary technological pitches in conferences, but the next industrial revolution after the internet in the late 1990s. As Blockchain utility grows, the ability to perform fast and efficient communication between blockchains has become challenging.

So, what is blockchain interoperability?

Blockchain interoperability refers to the process of making unique and separate blockchains “talk to each other” and cooperate to execute tasks. As of today, projects like Polkadot, Cosmos, and Thorchain are leading the way in easy and secure connectivity between blockchains. Thanks to these projects, users can easily swap digital assets across different networks without involving a centralized exchange.

Why does it matter?

Blockchain interoperability is not just an upgrade, but a pillar in the growth of Decentralized Finance ( DeFi) in this decade. The digital asset market could unlock faster innovation, crypto adoption, and financial freedom as blockchain interoperability advances.

 

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ONDO Surges 30% as Binance Announces Listing

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Ondo has caught the market’s attention following a 30% price surge and listing on the Binance exchange.

 

April 11- Binance has concluded its “vote to list” community campaign that saw ONDO listed on its exchange. With the trading pairs ONDO/USDT and ONDO/USDC on the exchange, the asset has surged nearly 30% in price. Ondo’s price is consolidating around $0.880, with its trading volume hitting 125% in the past 24 hours, per CoinMarketCap.

 

The decentralized investment banking protocol could be poised for long-term growth, considering its focus on bridging traditional finance with DeFi.Additionally, following Trump’s move to repeal the “DeFi  Broker rule” into a favourable law, the protocol’s financial products could see renewed interest from the market.

 

Source: CoinMarketCap

 

Ondo has seen its community sentiment hit new highs amid DeFi-friendly regulatory policies in the market and Binance listing. ONDO’s MACD (12,26), short-term and mid-term moving averages are flashing “buy”. With its Relative Strength Index (RSI) at 52 (not overbought zone) and high community sentiment, Ondo’s bullish momentum is strengthening.

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