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.
Trump has signed the first-ever crypto bill into law, easing regulations and encouraging DeFi innovation.
A controversial IRS rule that required DeFi platforms to act like traditional brokers and report user data to the authority has been limiting innovation in the digital asset market. However, on the 10th of April, in what is deemed a “major win” for the crypto space, U.S. President Donald Trump signed a new legislation repealing this barrier into law.
Source:Carey.house.gov
What does this mean for Bitcoin and the Future of DeFi?
Most DeFi platforms in the U.S. have faced challenges in protecting user privacy while complying with the IRS requirements of data disclosure. DeFi platforms exist to minimize the bureaucracy associated with traditional finance infrastructure.
This includes both anonymity and transparency, depending on user requirements. As a result, the IRS rule was overwhelming for most DeFi projects, hindering their growth and user adoption. With the new Legislation, DeFi projects could be in for exponential growth, pushing demand for Bitcoin and cryptocurrencies higher.
Large Investor Demand signals that Bitcoin is transitioning into a healthy investment and store of value, attracting more smart money.
A recent Bitcoin market update by Cryptoquant on X (formerly Twitter) has given valuable insights regarding Bitcoin as a strategic investment. According to the post, the demand for BTC from large investors has been on the rise despite market volatility in the past month.
Source: Coinglass
Excluding addresses by exchanges and mining firms, investors owning 1,000 -10,000 BTC have shown a steady increase. Despite the recent market crash affecting the crypto market, the whales seem long-sighted on Bitcoin as a maturing, healthy asset in their portfolios.
What does this mean?
When large investors keep their hands strong amid market volatility, this often signals a bullish market ahead. Such Whale behaviour suggests long-term investor conviction in BTC. As the market recovers, whale accumulation could strengthen BTC’s rally in the next few weeks.
XRP has hit $2 following a 14% surge as the crypto market rebounds from the trenches.
Following a week of turmoil in the global economies and over $1 billion in crypto liquidations, the market could be poised for stabilization. Many altcoins are seeing a rebound from the market dip, with XRP rallying 14% in the last 24 hours. Per CoinMarketCap, XRP was trading at $1.99 at press time.
XRP could be eyeing $2.5 in the mid-term
Looking at XRP’s technical setup, the coin’s MACD is on the verge of a bullish crossover. This could be a potential confirmation signal of XRP’s uptrend rally as it secures a daily close above $2. According to CryptoAndy, on CoinMarketCap, capital inflow into the market could see XRP target $2.5 next after breaking above this level.
Source: CoinMarketCap
As the market recovers from the trade war, traders entering new positions could strengthen XRP’s bullish momentum. With open interest rising, one should keep an eye on the altcoin’s next moves at this level.
What does the disconnect between President Trump’s claims and market sentiment suggest?
Popular prediction market, Polymarket, has predicted the chance of a U.S. recession as 61%, according to its latest update. However, the U.S president, Donald Trump, has kept his confidence in the U.S economy as indicated by his recent X (formerly Twitter) posts. Trump cites falling interest rates, low inflation, and strong tariffs as positive indicators of this.
Source: Polymarket
The contradiction in the market sentiment and Trump’s claims raises concerns about where the crypto and global finance stand in 2025.
Will the global market anxiety slow crypto growth?
A potential U.S recession could ripple across global economies, lowering investor confidence and digital asset demand while slowing trade. Traders could expect increased volatility in the crypto market over the next few weeks and months if global trade wars persist.
As traditional markets dip, fueled by recession fears, capital outflow from DeFi and blockchain projects is possible. This could plunge several altcoins. One should keep an eye on the progression of Trump’s trade tariffs for further insights.
In the rapidly evolving world of cryptocurrencies, ensuring security and trust is of paramount importance. That’s where crypto audit companies play a crucial role. These firms provide expert analysis and evaluation of blockchain projects, helping investors and businesses navigate the complex crypto landscape. In this article, we’ll introduce you to the top crypto audit companies in the world, known for their expertise in ensuring transparency, reliability, and compliance.
From independent auditors to global consulting firms, these companies offer a range of services, including smart contract audits, blockchain security assessments, and risk management. They play a critical role in safeguarding digital assets and promoting trust in the ever-expanding crypto industry.
With the rise of decentralized finance (DeFi) and the increasing adoption of blockchain technology, the need for reliable crypto audit services has never been greater. Whether you’re an individual investor or a business operating in the crypto space, understanding the importance of a thorough audit and selecting the right company is essential.
Join us as we explore the leading crypto audit companies, their unique approaches, and their contributions to building a secure and flourishing crypto ecosystem.
Importance of Crypto Audits
In the burgeoning world of cryptocurrencies, the significance of audits cannot be overstated. The decentralized nature of blockchain technology, while offering myriad benefits, also opens the door to risks such as hacking, fraud, and mismanagement. Crypto audits serve as a safeguard against these vulnerabilities by ensuring that projects adhere to best practices and regulatory standards. This process enhances security and fosters trust among investors and users, which is crucial for the long-term viability of any blockchain project.
Moreover, audits provide a comprehensive examination of the underlying code, identifying potential vulnerabilities that could be exploited by malicious actors. By conducting thorough code reviews and security assessments, audit firms help developers rectify issues before they escalate into catastrophic failures. This proactive approach is vital in an industry where a single exploit can lead to the loss of millions of dollars and irreparable damage to a project’s reputation.
Additionally, as regulatory scrutiny on cryptocurrencies intensifies worldwide, having a reliable audit can bolster compliance with legal frameworks. Many jurisdictions are beginning to mandate audits for crypto projects to ensure consumer protection and promote market integrity. By engaging with a reputable audit firm, companies can demonstrate their commitment to transparency and accountability, enhancing their standing in the eyes of regulators and investors alike.
Top Crypto Audit Companies in the World
As the cryptocurrency landscape continues to grow, several audit firms have emerged as leaders in blockchain security. These companies are recognized for their expertise, rigorous methodologies, and contributions to enhancing the security of blockchain projects. Below, we delve into the top 10 crypto audit companies in the world, each with unique strengths and services.
1. Trail of Bits
Trail of Bits specializes in securing blockchain applications through comprehensive security assessments, smart contract audits, and cryptographic analysis. Their expertise spans across multiple blockchain platforms.
2. Quantstamp
Quantstamp provides both automated and manual smart contract audits, enhancing the security of decentralized applications. They have audited top projects like MakerDAO and Binance Smart Chain.
3. OpenZeppelin
OpenZeppelin offers secure development frameworks and conducts thorough audits to ensure the reliability of smart contracts. Their work is widely used in the Ethereum ecosystem.
4. Hacken
Hacken delivers comprehensive blockchain security services, including smart contract audits and penetration testing, to safeguard digital assets. They are well-known for auditing various DeFi projects.
5. CertiK
CertiK utilizes formal verification methods to provide rigorous security audits, enhancing trust in blockchain ecosystems. They have audited major projects like Aave and PancakeSwap.
6. Halborn
Halborn focuses on offensive security strategies to identify and mitigate potential threats in blockchain applications. Their expertise is sought after by major crypto exchanges and DeFi platforms.
7. Sigma Prime
Sigma Prime is known for in-depth security assessments and contributions to Ethereum 2.0 development, ensuring robust blockchain solutions. Their expertise in cryptographic security is widely recognized.
8. SlowMist
SlowMist offers security audits and threat intelligence services, specializing in blockchain ecosystem protection. They have worked extensively with crypto exchanges and wallet providers.
9. PeckShield
PeckShield provides security consulting and auditing services, with a focus on detecting vulnerabilities in blockchain platforms. Their real-time monitoring solutions enhance crypto security.
10. ConsenSys Diligence
Part of the ConsenSys ecosystem, ConsenSys Diligence offers smart contract audits and security tools to ensure the safety of Ethereum-based projects. Their MythX tool is widely used for automated security analysis.
These firms have established themselves not only through rigorous audits but also by providing valuable insights and recommendations to their clients. Their work contributes to the security of individual projects and fosters greater trust in the cryptocurrency ecosystem as a whole.
Conclusion and Final Thoughts
In conclusion, the importance of crypto audits in the rapidly evolving cryptocurrency landscape cannot be overstated. As the industry matures and regulatory scrutiny increases, the role of audit firms in ensuring security, compliance, and trust will continue to be crucial. The top crypto audit companies in the world—Trail of Bits, Quantstamp, OpenZeppelin, Hacken, CertiK, Halborn, Sigma Prime, SlowMist, PeckShield, and ConsenSys Diligence—have each demonstrated their expertise and commitment to enhancing blockchain security.
When selecting a crypto audit company, it is imperative to consider their expertise, range of services, and reputation in the industry. A thorough audit not only identifies potential vulnerabilities but also fosters trust among investors and users, contributing to the overall health of the cryptocurrency ecosystem. By engaging with reputable audit firms, businesses can mitigate risks and build a solid foundation for future growth.
As the crypto landscape continues to evolve, the demand for reliable audit services will only increase. Companies that prioritize security and compliance will be better positioned to navigate the complexities of the digital asset space. By understanding the value of crypto audits and choosing the right partner, businesses can thrive in this dynamic environment, ensuring a safer and more transparent future for the cryptocurrency industry.
