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Whether you're new to cryptocurrency or looking to expand your digital asset portfolio, understanding how to generate Bitcoin in How to generate bitcoin in... - [One Day Noticed, Politicians Wary Resignation Timetable](https://buyfreebitco.in/one-day-noticed-politicians-wary-resignation-timetable/): While mobile phones undoubtedly provide countless benefits and conveniences, their excessive and improper use brings with it a variety of negative effects and challenges that are often overlooked. - [Portrait Of Palestinian Boy Who Lost Both Arms Is World Press Photo](https://buyfreebitco.in/portrait-of-palestinian-boy-who-lost-both-arms-is-world-press-photo/): While mobile phones undoubtedly provide countless benefits and conveniences, their excessive and improper use brings with it a variety of negative effects and challenges that are often overlooked. - [Advancing Beyond Traditional Information Processing Models](https://buyfreebitco.in/advancing-beyond-traditional-information-processing-models/): While mobile phones undoubtedly provide countless benefits and conveniences, their excessive and improper use brings with it a variety of negative effects and challenges that are often overlooked. - [Vacation Without Breaking the Bank: 6 Affordable European Locations](https://buyfreebitco.in/vacation-without-breaking-the-bank-6-affordable-european-locations-3/): While mobile phones undoubtedly provide countless benefits and conveniences, their excessive and improper use brings with it a variety of negative effects and challenges that are often overlooked. - [Uk’s Top Court Says Definition Of A Woman Based On Biological Sex](https://buyfreebitco.in/uks-top-court-says-definition-of-a-woman-based-on-biological-sex/): While mobile phones undoubtedly provide countless benefits and conveniences, their excessive and improper use brings with it a variety of negative effects and challenges that are often overlooked. - [Bitcoin Sentiment Bullish on Social Media – Price Consolidates](https://buyfreebitco.in/bitcoin-social-media-sentiment-bullish-price-continues-consolidate-santiment/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Ciaran Lyons Apr 17, 2025 Bitcoin online chatter flips bullish as price chops at $85K: Santiment Santiment’s Bitcoin social media sentiment tracker has flipped bullish as the cryptocurrency continues to fluctuate around the $85,000 price level. 2236 Total views 5 Total shares Listen to article 0:00 Markets News COINTELEGRAPH IN YOUR SOCIAL FEEDThe tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.“Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post. The last time Bitcoin (BTC) traded above $90,000 was March 6.Traders regaining confidence in BitcoinSantiment’s social media tracker, which measures how social media users feel about crypto based on the tone of their posts, moved into “bullish territory” on April 16 with a score of 1.973. Before that, it was neutral, with a score below 1.606, as social media users were unsure about where Bitcoin’s price was headed as it “has been repeatedly crossing above and below $85K,” Santiment added.Bitcoin tapped as high as $86,000 on April 15 before retracing down to $83,000 the following day. Bitcoin is trading at $84,390 at the time of publication, according to CoinMarketCap.Bitcoin is up 2.73% over the past seven days. Source: CoinMarketCapIf Bitcoin reclaims the $85,000 price level, approximately $254 million in short positions will be at risk of liquidation, according to CoinGlass.In the past 24 hours, several popular crypto accounts on X have shared bullish comments on Bitcoin. Samson Mow’s firm Jan3 said that Bitcoin hitting $500,000 “isn’t crazy.”Crypto trader “Ted” said, “Global money supply is going up, and eventually, this liquidity will go into Bitcoin. Just wait and watch.” Meanwhile, crypto trader Titan of Crypto said that “according to Dow Theory, BTC remains in an uptrend, consistently printing higher highs and higher lows.”Related: Bitcoin’s wide price range to continue, no longer a ’long only’ bet — AnalystOther crypto sentiment trackers are not flashing as bullish, however. The Crypto Fear & Greed Index, which measures overall market sentiment, reads a “Fear” score of 30 out of 100.It comes after the crypto market posted its weakest first quarter performance in years. Bitcoin and Ether (ETH), the two largest cryptocurrencies by market capitalization, saw price declines of 11.82% and 45.41%, respectively, over Q1 2025 — a quarter that has historically seen strong results for both assets. Magazine: Your AI’ digital twin’ can take meetings and comfort your loved onesThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. - [John Reed Stark Opposes SEC Crypto Regulatory Reform](https://buyfreebitco.in/john-reed-stark-opposes-regulatory-reform-sec-crypto-roundtable/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Vince Quill Mar 21, 2025 John Reed Stark opposes regulatory reform at SEC crypto roundtable The US Securities and Exchange Commission held the first crypto roundtable of industry attorneys, officials, and former regulators on March 21. 4160 Total views 4 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDJohn Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.The first-ever SEC crypto roundtable. Source: SEC“The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark said. The former official added:"The volume of case law has developed so quickly because of all these crypto firms. They went for this sort of delay, delay, delay, idea, and they hired the best law firms in the world, and these law firms all fought the SEC with incredible briefs."“I have read every single one of them. And they lost just about, I would argue, every single time,” he continued. Stark concluded that he saw no innovation in digital assets or cryptocurrencies compared to previous online revolutions, such as the debut of the iPhone.John Reed Stark, pictured far right, arguing against comprehensive regulatory reform. Source: SECRelated: SEC’s deadline extension is a ‘fork’ in case against Coinbase — John Reed StarkJohn Reed Stark: One of crypto’s staunchest criticsStark has been one of the most vocal opponents of cryptocurrencies and the digital asset industry, often criticizing the industry for a lack of transparency and accountability.In February 2024, the former SEC official characterized a sponsorship deal between the Dallas Mavericks — a National Basketball Association (NBA) team — and crypto firm Voyager as an agreement with a “heroin manufacturing firm.”Stark later said that the government agency’s regulation by enforcement under former chairman Gary Gensler was warranted and added that cryptocurrency must conform to existing laws rather than the law evolving to embrace the future of money.Stark’s anti-crypto stance has been criticized by industry executives and investors as unhinged. In June 2023, notable investor Mark Cuban called out Reed's views as “crypto derangement syndrome.”Magazine: SEC’s U-turn on crypto leaves key questions unanswered - [What Is a V-Tuber? – Virtual YouTubers Explained](https://buyfreebitco.in/what-is-a-v-tuber/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Tobias Vilkenson Apr 16, 2025 What is a VTuber, and how do you become one in 2025? From motion capture to niche content, here’s what it really takes to launch a successful VTuber career in 2025. 23271 Total views 43 Total shares Listen to article 0:00 How to COINTELEGRAPH IN YOUR SOCIAL FEEDKey takeawaysA Vtuber is a real person behind a digital avatar, blending performance, storytelling, and creativity to connect with audiences through livestreams, games, podcasts, and more.Becoming a VTuber involves designing a unique avatar (2D or 3D), using motion capture for animation, and leveraging software tools like Live2D, VSeeFace, and AI voice modifiers.In 2025, VTubing success often starts with short-form mobile platforms like TikTok and YouTube Shorts. Cross-posting to Discord, X, or Twitch helps build community and drive monetization.Aspiring VTubers should be aware of risks like burnout, privacy breaches, platform dependency, and unpredictable income.Virtual YouTubers, or VTubers, have gained popularity in recent years. VTubers create content for their channels using computer-generated avatars. Although VTubers are particularly popular in Japan and other Asian countries, the trend is slowly spreading across the world.So, what exactly is a VTuber? How does VTubing work, and how can you become one in 2025? This article explores what a VTuber is, the tools and software, and how to start VTubing in 2025. What is a VTuber?Have you ever scrolled Twitch or YouTube and stumbled upon a virtual anime-style character live streaming, playing games and chatting with viewers? That was a VTuber.A VTuber is a digital content creator who uses a virtual avatar to produce videos or live content. These avatars are often animated in real-time using motion tracking and face capture, creating an online personality. These avatars can look like anime characters, animals, robots or even abstract creatures. However, behind every VTuber is a real person, using their voice, expressions and personality to bring the character to life.But how does an avatar actually copy your movements? Motion capture, or mocap, is the technology behind avatars that records a person’s movements using sensors to create realistic animations for virtual characters in games, movies or virtual reality. It converts real-world movement into digital 3D data for more lifelike animation.Some VTubers are run by professional businesses or agencies, while others are single creators with their own background stories and hand-crafted avatars. Whether they’re broadcasting games, selling merchandise, podcasting or just vibing with their audience, VTubers have established a space where technology meets creativity, and it’s growing day by day.VTuber vs. traditional YouTube content creatorAren’t VTubers just YouTubers with cool avatars? Well, not exactly. It all comes down to how they show up on screen. While traditional YouTubers appear as themselves, VTubers use animated avatars to represent their online persona, whether a space alien or a talking cat. The core content and interaction with the audience might be similar. Still, VTubing often leans into storytelling, roleplay and unique esthetics to create a more immersive experience for their fans, making the methods and approaches differ. Did you know? In 2024, the VTuber market was valued at $2.55 billion; by 2035, it is projected to reach $20.0 billion.How VTubing works and what tools are neededAs more creators dive into VTubing, the preparation required has also evolved, with a greater emphasis on crafting recognizable and unique characters to stand out in a crowded space. Below are the key aspects that make up the process of becoming a VTuber, ensuring your avatar captures attention and engages audiences. Virtual avatarThe process of creating a VTuber avatar in 2025 begins with concept development that involves designing the avatar’s appearance, personality and backstory. Once the concept is in place, you can move on to creating the 2D or 3D model using specialized software such as Live2D Cubism for 2D models and Blender, Viverse Avatar or Vroid Studio for 3D models. Choosing between a 2D or 3D avatar depends on your desired level of detail and animation, with 2D offering a more stylized, simpler look and 3D allowing for more dynamic, lifelike movement and depth.After designing the avatar, the next step is rigging, which involves adding bones and joints to enable movement. This process is done by using rigging software like Live2D or VUP for 2D and tools like VSeeFace for 3D models. These tools allow the virtual avatar to replicate the performer’s movements, making the character blink, talk and gesture in real-time.To capture and animate the performer’s movements, many VTubers use face-tracking mocap software such as VTube Studio or VSeeFace to track facial expressions. Livestreaming and content creationThe VTuber can start creating livestream content once the virtual avatar has been designed and animated. Livestreaming on platforms like YouTube and Twitch and gaming streams can be realized using software like OBS Studio or Streamlabs OBS. To edit pre-recorded videos, creators rely on software such as DaVinci Resolve or Adobe Premiere Pro. Additionally, voice changers like Voicemod or MagicVox can help modify the creator’s voice to match their avatar. Custom graphics and overlays can be created using tools like Photoshop or Canva.Engaged audienceThe power of the virtual avatar to have real-time conversations with the audience is a unique feature of VTubing. Building a credible brand is essential to becoming a successful VTuber, just like it is for other types of content creation. This means creating a unique character or identity for the virtual avatar and creating content that appeals to the intended audience.How to become a VTuber in 2025Besides the core aspects of VTubing covered above, there are a few more essentials to consider if you’re serious about starting VTubing in 2025.Use AI or avatar builders: Tools like Inworld or Ready Player Me offer plug-and-play solutions with simple customization. These are ideal for beginners who want to skip drawing and rigging. AI can also help with real-time voice modulation, AI-powered NPCs, or “non-player characters,” for collabs and even AI-generated scripts. Some VTubers are blending AI sidekicks into their streams.Customize stream setup: In 2025, customizing your VTuber stream setup entails incorporating stylish overlays, notifications, background music and chat widgets. Also, practicing your stream flow is essential to ensure smooth delivery of voice, emotive reactions and transitions.VTubing on TikTok and mobile: Short-form VTuber content is booming, especially on TikTok and YouTube Shorts. Many new creators start on mobile-first platforms before moving to full streams. Creating and sharing videos on platforms such as TikTok, X or Discord is essential for cross-platform marketing to reach new audiences, move your fans across platforms, and attract potential brand partnerships for sponsorship and ads.Did you know? Kuzuha from Nijisanji topped the 2024 view hours chart with over 40 million hours, retaining his position as a fan favorite for the second year in a row, according to Vstats, which compiles data from websites such as YouTube, Twitch and Soop.VTubing trends of 2025Due to developing technologies and shifting audience tastes, starting a VTuber career in 2025 means understanding the latest trends to stand out in an increasingly crowded industry.Niche contentIn 2025, standing out as a VTuber can also mean going niche. GFE or BFE, girlfriend or boyfriend experience, continue to lead the charge. These formats build one-sided emotional connections with fans who often become long-term supporters through monetizing exclusive content on platforms like Patreon.Autonomous sensory meridian response (ASMR) content continues to thrive, though creators must now carefully navigate platform rules to avoid demonetization. This content is designed to trigger relaxing tingles through soft sounds and visuals. Gaming and “Let’s Play” content continue to be a cornerstone while being an oversaturated niche. In the end, the most prominent VTubers in the competitive landscape of 2025 are those who establish a clear identity, respect boundaries, and provide consistent, emotionally resonating material.2D estheticsAnime-style VTubers remain fan favorites, but 2025 has brought an extra layer of polish. Expect hyper-stylized 2D models with dynamic lighting, soft shading and intricate accessories. Subtle breathing, animated eyes and natural motion physics are raising the bar for Live2D designs.Focus on culture and uniqueness Avatar localization and distinctiveness extend beyond language; it entails modifying features, content and tactics to conform to regional norms, cultural preferences and local regulations. Platforms may increase user engagement by creating a feeling of community and relevance by customizing themselves for particular geographic areas.Decentralized identities and NFTsSome VTubers use blockchain to secure their avatars and sell collectibles such as non-fungible tokens (NFTs), helping monetize the avatars. Risks of becoming a VTuber in 2025While the VTuber space continues to grow rapidly in 2025 — with better tools, bigger audiences and even corporate sponsorships — aspiring creators should be aware of the risks involved. Here are key challenges to consider before jumping in:Burnout and creative fatigue: VTubing often requires constant content creation, livestreaming and staying in character, which can quickly lead to exhaustion without proper balance or breaks.Privacy and doxxing threats: While VTubers use avatars to remain anonymous, popular creators are still at risk of having their real identities exposed, especially in toxic or competitive environments.Platform dependency: Most VTubers rely heavily on platforms like YouTube, Twitch or TikTok. Sudden algorithm changes, demonetization or account bans can drastically affect visibility and income.Monetization challenges: Generating steady income as a VTuber isn’t guaranteed. Success depends on audience growth, sponsorships and fan support — all of which can take years to build.High upfront costs: Creating a professional-grade 2D or 3D avatar, along with streaming equipment and software, often requires significant financial investment before any returns are made.Intense market competition: As the VTuber space grows globally, it becomes harder for new creators to stand out without a unique niche, strong branding or technical polish.AI impersonation and deepfakes: In 2025, advanced AI tools make it easier for bad actors to clone VTuber voices or designs, increasing the risk of content theft, brand damage or viewer confusion.So, becoming a VTuber in 2025 offers creative freedom, global reach and new career paths — but it’s not without challenges. From financial risks to mental strain and evolving tech threats, success requires more than just a good avatar. Do your research, protect your privacy, and approach the journey with both passion and preparedness. - [Bitcoin Price Reacts to Trump Statement – Traders Stay Cautious](https://buyfreebitco.in/bitcoin-price-thaws-after-trump-statement-trader-says-stay-nimble-and-cashed-up/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Big Smokey Mar 20, 2025 Bitcoin price thaws after Trump statement — Trader says ‘stay nimble and cashed up’ Bitcoin holds the steady near $85,000 as the Coinbase Premium returns and positive comments from the Fed and President Trump add to traders' confidence. 8419 Total views 7 Total shares Listen to article 0:00 Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDBitcoin (BTC) price rallied to an intraday high of $87,453 in the early hours of the NY trading session but quickly retraced its gains to $83,655 shortly after US President Donald Trump made a video appearance at the Digital Asset Summit in New York. Prior to the video statement, rumors circulated on X, suggesting that President Trump would announce zero capital gains taxes on certain cryptocurrencies or issue a favorable statement about the US strategic Bitcoin reserve. To the disappointment of some traders, neither rumor proved to be true, and Trump simply doubled down on his promise not to sell Bitcoin that has been confiscated by the government, and he called for Congress to enact clear stablecoin legislation as soon as possible. The most positive statement made by President Trump was his restated goal of making the US the leader in all things crypto. “Together, we will make America the undisputed Bitcoin superpower and the crypto capital of the world.” As is commonplace for crypto markets, traders clearly bought into the rumor that Trump would make some sort of pro-Bitcoin executive order statements, and once this was clearly not the case, they sold on the news. In an X post, chartered market technician Aksel Kibar said that there is still a chance of Bitcoin price correcting to $73,700. BTC/USD 1-day chart. Source: Aksel Kibar / X Kibar said, “Long-term chart on BTC/USD. Still looks like a pullback to the broken $73.7K. What follows from here will decide on the following several month’s price action.” Not all of Bitcoin’s recent strength is attributed to excitement over today’s Trump statement. On March 19, BTC responded positively to the release of FOMC minutes and Federal Reserve Chair Jerome Powell’s confirmation that the Fed’s quantitative tightening regime would reduce its pace and that the possibility of two interest rate cuts in 2025 remained on the table. BitMEX co-founder Arthur Hayes took a victory lap at what he described as the Fed’s admission that QT would essentially end on April 1, but he cautioned that while $77,000 may have been the Bitcoin price bottom, surprise bouts of volatility could lead to more pain in stocks and BTC. Hayes said, “JAYPOW delivered, QT basically over Apr. 1. The next thing we need to gt bulled up for realz is either SLR exemption and or a restart of QE. Was BTC $77K the bottom, prob. But stonks prob have more pain left to fully convert Jay to team Trump so stay nimble and cashed up.” Related: Trump says US will be ‘Bitcoin superpower’ as BTC price breaks 4-month downtrendAs reported by , a majority of Bitcoin’s recent price action has been driven by activity in the futures markets, but the reappearance of the BTC Coinbase premium could be a sign that spot demand is returning to the market. Bitcoin Coinbase premium index. Source: CryptoQuantThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. - [Why Is Bitcoin Price Down Today? – Market Insights](https://buyfreebitco.in/why-is-bitcoin-price-down-today/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Nancy Lubale Apr 16, 2025 Why is Bitcoin price down today? US tariffs remain a key headwind, and Bitcoin may drop toward the range low of $74,400 in the coming days if the psychological $80,000 support level is lost. 1185 Total views 409 Total shares Listen to article 0:00 Markets News COINTELEGRAPH IN YOUR SOCIAL FEEDBitcoin’s (BTC) price has dropped by over 2.5% over the last 24 hours to $83,400 as concerns over tariff impacts continue to sour investor sentiment.BTC/USD daily chart. Source: /TradingViewSeveral factors are behind Bitcoin’s decline today, including:Sluggish institutional demand as spot Bitcoin ETF flows turn negative.Bullish momentum stalls.Low whale accumulation.BTC price rejection at key trendlines.Negative spot Bitcoin ETF flows returnSpot Bitcoin exchange-traded funds (ETFs) have been a significant driver of institutional interest, but recent data suggest the demand is waning.Spot Bitcoin ETFs saw a total of $964 million in net outflows between March 28 and April 15, according to data from Farside Investors. The strong selling pressure began at the end of March, as global trade tensions increased and fears of an economic recession grew.Negative inflows into spot BTC ETFs signal waning demand from institutional investors. This lack of fresh capital reduces buying pressure, pushing prices down as supply outpaces demand.Spot Bitcoin ETF flows table. Source: Farside InvestorsInvestors are now closely monitoring spot Bitcoin ETFs as a persistent outflow trend could exacerbate the correction.“ETF demand is cooling,” said a market intelligence firm, CryptoQuant, in an April 14 post on X.The CEO of the onchain data provider, Ki Young Ju, said:“When the total assets under management of spot Bitcoin ETF products experience a significant decrease, it can be considered a substantial withdrawal of institutional investors.”ETF demand is cooling.A sharp drop in Bitcoin spot ETF assets signals institutional outflows.Watch this trend closely. pic.twitter.com/IVVNL1kPYy— CryptoQuant.com (@cryptoquant_com) April 14, 2025 - [21Shares Files Spot Dogecoin ETF – Bitwise & Grayscale Follow](https://buyfreebitco.in/21shares-files-spot-dogecoin-etf-us-follows-bitwise-grayscale/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Brayden Lindrea Apr 10, 2025 21Shares files for spot Dogecoin ETF in the US Crypto asset manager 21Shares has made an initial filing with the US Securities and Exchange Commission for a spot Dogecoin ETF, following rivals Bitwise and Grayscale. 3161 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDDigital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale.The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm’s April 9 Form S-1 registration statement. The Dogecoin Foundation’s corporate arm, House of Doge, plans to assist 21Shares with marketing the fund.21Shares said Coinbase Custody would be the proposed custodian of its Dogecoin ETF but did not specify a fee, ticker or what stock exchange it would list on.Source: James Seyffart21Shares must also file a 19b-4 filing with the SEC to kickstart the regulator's approval process for the fund. DOGE currently has a $24.2 billion market cap and is the eighth-largest cryptocurrency by value. It was created in 2013 as a joke and is a fork of Lucky Coin, which itself is a fork of Bitcoin.21Shares’ proposed Dogecoin ETF is the company’s latest effort to expand its spot crypto ETF offerings, which currently includes only a spot Bitcoin (BTC) and Ether (ETH) fund.The issuer also filed with the SEC in February to launch a spot Polkadot (DOT) ETF and last year, it filed to create a spot XRP (XRP) ETF.Related: Dogecoin millionaires are buying dips as DOGE price eyes 30% rallyThe recent surge in crypto ETF filings reflects a “spaghetti cannon approach” from issuers testing which products the new SEC leadership might approve, Bloomberg ETF analyst James Seyffart said in February.“Issuers will try to launch many many different things and see what sticks,” Seyffart said.Seyffart and fellow Bloomberg ETF analyst Eric Balchunas said in February that there is a 75% chance that the SEC will approve a spot Dogecoin ETF this year, while the betting platform Polymarket currently gives approval odds of 64%.21Shares and House of Doge partner for DOGE funds in Switzerland21Shares also said on April 9 that it partnered with House of Doge to launch a fully backed Dogecoin exchange-traded product on Switzerland’s SIX Swiss Exchange.The 21Shares Dogecoin product will trade under the ticker “DOGE” with a 2.5% fee.21Shares president Duncan Moir said that Dogecoin “has become more than a cryptocurrency: it represents a cultural and financial movement that continues to drive mainstream adoption, and DOGE offers investors a regulated avenue to be part of this exciting project.”Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research - [Trader Turns $2K into $43M with PEPE – Nets $10M Profit](https://buyfreebitco.in/crypto-trader-turns-2k-into-43m-with-pepe-sells-for-10m-profit/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Zoltan Vardai Mar 30, 2025 Crypto trader turns $2K PEPE into $43M, sells for $10M profit The savvy trader’s position peaked at $43 million during Pepe’s peak valuation as memecoins continue minting new crypto millionaires. 55682 Total views 36 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDA savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value.The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain.“This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x), Lookonchain wrote in a March 29 X post.Source: LookonchainThe trader realized over $10 million in profit despite Pepe’s price falling over 74% from its all-time high of $0.00002825, which it reached on Dec. 9, 2024, Markets Pro data shows.PEPE/USD, all-time chart. Source: Markets ProMemecoins are considered some of the most speculative and volatile digital assets, with price action driven largely by online enthusiasm and social sentiment rather than fundamental utility or innovation.Still, they’ve proven capable of generating life-changing returns. In May 2024, another early Pepe investor turned $27 into $52 million — a 1.9 million-fold return — according to onchain data.Related: $1T stablecoin supply could drive next crypto rally — CoinFund’s PakmanMemecoins are stealing the spotlight from altcoinsDespite their intrinsic lack of utility, memecoins continued to steal the spotlight from more established cryptocurrencies, Stella Zlatareva, dispatch editor at digital asset investment platform Nexo, told :“High-beta, i.e., volatile tokens, are stealing the spotlight. Case in point, memecoins surged 5.6% on average, with DOGE, PEPE, and FLOKI responding to rate cut optimism and broader crypto strength.”Top 100 cryptocurrencies, weekly performance. Source: CryptobubblesWhile investor demand for memecoins has surged, it may also be siphoning capital from more established assets. For example, Solana (SOL) has fallen more than 51% since the launch of the Official Trump (TRUMP) token in January, according to data.Related: Friday’s US inflation report may catalyze a Bitcoin April rallyMemecoins “don’t tend to draw in much external capital flow; instead existing eco-system capital ‘round-robins’ from one meme to the next,” Dan Hughes, founder of the decentralized finance platform Radix, told , adding:“Even in the case of TRUMP, most of the inbound liquidity was outflow from other crypto assets, people selling their crypto portfolio to buy TRUMP in extreme FOMO .”SOL/USDT, 1-day chart. Source: /TradingViewInsider scams and fraudulent activity have plagued the memecoin industry, and US regulators are taking note. On March 5, New York lawmakers introduced a bill aimed at protecting crypto investors from rug pulls and similar insider scams shortly after the scandal around the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei.Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge - [SEC Drops XRP Case – Is It Priced in Trump’s Election?](https://buyfreebitco.in/sec-dropping-xrp-case-priced-in-trump-s-election/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Zoltan Vardai Mar 21, 2025 SEC dropping XRP case was ‘priced in’ since Trump’s election: Analysts Market participants have already been expecting the SEC to drop it’s four-year lawsuit against Ripple Labs, due to the Trump administration’s more crypto-friendly regulations. 7112 Total views 12 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDCrypto investors rejoiced after one of the industry’s longest-standing legal battles was overturned by the United States Securities and Exchange Commission, yet markets have seemingly accounted for the victory months ahead of the announcement, according to industry watchers.On March 19, Ripple CEO Brad Garlinghouse revealed that the SEC would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020.However, the outcome may not be as “bullish” since markets may have already priced in this development since President Trump’s election, according to Dmitrij Radin, the founder of Zekret and chief technology officer of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.Ripple’s CEO said the SEC is dropping its case against the blockchain developer. Source: Brad Garlinghouse“Yes, they are dropping the case, but there was already the appeal,” he told on the March 20 Chainreaction X show:“One of the most talked about and oldest cases in crypto has been won. It’s great for the market and Ripple as it can start its expansion in the US. But in general, it’s already priced in. I don’t see a big impact on price or the market.”XRP/USD, 1-month chart. Source: Markets ProDespite an 11% relief rally after the March 19 announcement, the XRP (XRP) token is unable to remain above the key $2.5 psychological mark. The token fell over 6.3% since March 19, Markets Pro data shows.Related: Crypto market’s biggest risks in 2025: US recession, circular crypto economySEC dropping Ripple case was “already expected” - Nansen analystOther analysts also attribute the XRP token’s lack of momentum to investors expecting an end to the SEC’s lawsuit against Ripple Labs, paired with generally poor market sentiment.“I’d attribute it to the market already pricing it in as well as the general market situation,” Nicolai Sondergaard, research analyst at Nansen, told , adding:“It was, to be honest already expected at this point and the macro environment and general uncertainty are not doing XRP any favors.”Related: Bitcoin speculative appetite declines as investors seek safetyStill, some technical chart patterns point to a potential 75% XRP rally after the end of the SEC’s lawsuit.XRP/USD weekly price chart. Source: TradingViewAs of March 21, XRP bounced after testing the triangle’s lower trendline, eyeing a rise toward the upper trendline— around the apex point at the $2.35 level—by April. The ultimate target for this possible breakout is $4.35 by June, up 75% from the current price levels.Conversely, a drop below the lower trendline could invalidate the bullish setup, setting XRP on the path toward $1.28. The bearish target is obtained by subtracting the triangle’s maximum height from the potential breakdown point at $2.35.Despite XRP’s price trajectory, the SEC overturning the case will have a beneficial “long-term effect on the market because of the narrative change,” and investors’ expectations of a more crypto-friendly SEC, added Fideum’s Radin.Magazine: SEC’s U-turn on crypto leaves key questions unanswered - [Price Analysis (Apr 14): SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO](https://buyfreebitco.in/price-analysis-4-14-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-leo/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Rakesh Upadhyay Apr 14, 2025 Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO Bitcoin price pushed above a long-term descending trendline but will potential selling near 200-MA cap the upside in BTC and altcoins? 3665 Total views 5 Total shares Listen to article 0:00 Price Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDBitcoin (BTC) bulls are trying to start the week on a positive note by pushing the price above $85,000. Michael Saylor’s Strategy has used the recent dip to buy 3,459 Bitcoin for $285.5 million at an average price of $82,618. That boosts the total holding of the firm to 531,644 Bitcoin purchased at an average price of $67,556.However, not everyone is bullish in the near term. Several institutional investors seem to have trimmed their holdings. CoinShares reported on April 14 that digital asset exchange-traded products (ETPs) witnessed $795 million in outflows last week. The $7.2 billion in outflows since February have reversed nearly all year-to-date inflows, now at just $165 million.Daily cryptocurrency market performance. Source: Coin360Although Bitcoin seems to have bottomed out in the short term, a roaring bull market rally is unlikely to start in a hurry. The tariff headlines and the outcome of the tariff talks between the United States and other countries could dictate the price action.Could Bitcoin build upon the recovery, pulling altcoins higher? Let’s analyze the charts to find out.S&P 500 Index price analysisThe S&P 500 Index (SPX) witnessed a hugely volatile week, but a positive sign is that lower levels attracted solid buying by the bulls.SPX daily chart. Source: /TradingViewAfter the massive volatility of the past few days, the index could enter a quieter phase. Sellers are likely to sell the rallies near 5,500, while the bulls are expected to buy the dips to the 5,119 support. That signals a possible range-bound action between 5,500 and 5,119 for some time.The next trending move is expected to begin after buyers push the price above 5,500 or sink below 4,950. If the 5,500 level gets taken out, the index could surge to 5,800.US Dollar Index price analysisThe US Dollar Index (DXY) has been in a freefall since turning down from the 20-day exponential moving average (102.81) on April 10.DXY daily chart. Source: /TradingViewBuyers defended the 99.57 level on a closing basis on April 11, but the bears renewed their selling on April 14. If the price closes below 99.57, the index could tumble to 97.50 and, after that, to 95. The longer the price remains below 99.57, the greater the risk of starting a new downtrend.If buyers want to prevent a downward move, they will have to swiftly push the price back above 99.57. That could start a recovery to 101.Bitcoin price analysisBitcoin broke above the resistance line on April 12, and the bulls successfully held the retest of the breakout level on April 13.BTC/USDT daily chart. Source: /TradingViewThe 20-day EMA ($82,979) has flattened out, and the RSI is near the midpoint, suggesting that the selling pressure is reducing. The BTC/USDT pair could climb to $89,000, which is likely to act as a stiff resistance. If the price turns down sharply from $89,000 and breaks below the 20-day EMA, it will indicate a range formation. The pair may oscillate between $89,000 and $73,777 for a few days.If sellers want to trap the aggressive bulls and retain control, they will have to quickly pull the price back below the 20-day EMA. If they do that, the pair may descend to $78,500 and subsequently to the vital support at $73,777.Ether price analysisEther (ETH) is facing selling at the 20-day EMA ($1,722), as seen from the long wick on the April 14 candlestick.ETH/USDT daily chart. Source: /TradingViewIf the price plummets below $1,546, the ETH/USDT pair could retest the $1,368 support. This is a crucial level for the bulls to defend because a break below $1,368 could start the next leg of the downtrend toward $1,150.Conversely, if buyers propel the price above the 20-day EMA, it signals that the bears are losing their grip. There is resistance at the 50-day SMA ($1,955), but it is likely to be crossed. The pair may then ascend to the solid resistance at $2,111.XRP price analysisXRP (XRP) turned down from the 50-day SMA ($2.24) on April 13, indicating that sellers are active at higher levels.XRP/USDT daily chart. Source: /TradingViewThe 20-day EMA ($2.10) has flattened out, and the RSI is near the midpoint, indicating a balance between supply and demand. A break below $2 will tilt the advantage in favor of the bears. The XRP/USDT pair could drop to $1.72 and later to $1.61.Buyers will gain the upper hand if they push and maintain the price above the 50-day SMA. If they can pull it off, the pair could rally to the resistance line. Sellers are expected to aggressively defend the resistance line because a break above it signals a potential trend change.BNB price analysisBNB (BNB) is facing resistance at the downtrend line, but a minor positive is that the bulls have not ceded much ground to the bears. BNB/USDT daily chart. Source: /TradingViewThat increases the likelihood of a break above the downtrend line. If that happens, the BNB/USDT pair could ascend to $645. Sellers will try to guard the $645 level, but it is likely to be crossed.This positive view will be invalidated in the near term if the price turns down sharply from the downtrend line and breaks below $566. That could keep the pair stuck inside the triangle for a while longer.Solana price analysisSellers are trying to defend the 50-day SMA ($130) in Solana (SOL), but the bulls have kept up the pressure.SOL/USDT daily chart. Source: /TradingViewIf the price closes above the 50-day SMA, the SOL/USDT pair could rise to the $147 to $153 resistance zone. Sellers are expected to vigorously defend this zone, but if the bulls prevail, the pair could surge to $180.The first support on the downside is the 20-day EMA ($123). A bounce off the 20-day EMA will keep the positive momentum intact, while a break below it could sink the pair to $110 and eventually to $95.Related: Solana rallies 20% against Ethereum, but is $300 SOL price within reach?Dogecoin price analysisBuyers are trying to start a recovery in Dogecoin (DOGE) but are expected to face stiff resistance from the bears at the moving averages.DOGE/USDT daily chart. Source: /TradingViewIf the price turns down from the moving averages, the bears will again attempt to sink the DOGE/USDT pair below $0.14. If they manage to do that, the selling could accelerate, and the pair may slump to $0.10.Contrarily, if buyers propel the price above the moving averages, the pair could rally to $0.20. This is an important near-term level to watch out for because a break above it will complete a double-bottom pattern. The pair could then climb toward the pattern target of $0.26.Cardano price analysisBuyers are struggling to push Cardano (ADA) above the 20-day EMA ($0.65), indicating that demand dries up at higher levels.ADA/USDT daily chart. Source: /TradingViewIf the price turns down from the 20-day EMA, the next support on the downside is $0.58 and then $0.50. Buyers are expected to fiercely defend the $0.50 level because a break below it could sink the ADA/USDT pair to $0.40.On the upside, buyers will have to drive and maintain the price above the 50-day SMA ($0.71) to signal that the downtrend could be over. That could propel the pair to $0.83 and subsequently to $1.03.UNUS SED LEO price analysisBuyers are trying to push UNUS SED LEO (LEO) above the 20-day EMA ($9.39), but the bears are posing a substantial challenge.LEO/USD daily chart. Source: /TradingViewThe flattening 20-day EMA and the RSI near the midpoint suggest a balance between supply and demand. That could keep the LEO/USD pair stuck between $9.90 and $8.79 for a few days.The next trending move could begin on a break above $9.90 or below $8.79. If buyers kick the price above $9.90, the pair will complete a bullish ascending triangle pattern. This bullish setup has a target objective of $12.04.On the downside, a break below $8.70 could signal the start of a deeper correction toward $8.30.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. - [Ethereum Fees Hit Five-Year Low – What’s Behind the Drop?](https://buyfreebitco.in/ethereum-fees-drop-five-year-low-user-lull/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Stephen Katte Apr 17, 2025 Ethereum fees drop to a 5-year low as transaction volumes lull Fees on the Ethereum blockchain have dropped to the lowest level since 2020 thanks to fewer users sending Ether and using smart contracts, says Santiment. 3589 Total views 2 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDTransaction costs on the Ethereum network have dropped to the lowest level in five years as the amount of activity on the blockchain is in a lull, according to the onchain analytics platform Santiment.Ethereum network fees are now around $0.168 per transaction and the reduction in fees coincides with fewer people sending Ether (ETH) and interacting with smart contracts, Santiment marketing director Brian Quinlivan said in an April 17 blog post.“When many people are using Ethereum, users bid higher fees to get their transactions confirmed faster This drives the average costs up,” Quinlivan said.“When fewer people are transacting, like we see now, users don’t need to bid much. As a result, the average fee drops,” he explained. “It’s essentially a supply and demand system.”Source: SantimentQuinlivan said that, from a trading perspective, low fees can preclude a price rebound, still, he added that traders appear to be patiently waiting for the global economic uncertainty to pass before scaling up their usual frequency of Ether and altcoin transactions.Traditional and crypto markets tanked after US President Trump’s sweeping tariffs were announced on April 2. Many assets haven’t recovered to the same level as before their unveiling, despite tariff exemptions and a 90-day pause for most countries.ETH has fallen over 12.5% in the past 14 days and has traded flat over the past 24 hours, hovering just under $1,600, according to CoinGecko.“We can visibly see the increased sensitivity toward Ethereum discussions and tariff/economy news as prices have really threatened long-time support levels,” Quinlivan said.“The more the retail community leans away from an asset, especially one with still thriving development, the higher the likelihood of an eventual surprise rebound with little resistance,” he added.  Pectra upgrade on the wayAfter delays due to configuration issues and an unknown attacker causing headaches during the Holesky and Sepolia testnet activations, the Pectra upgrade for the Ethereum network is now scheduled to go live on the mainnet on May 7.Phase one is expected to double the layer-2 blob capacity from three to six, reduce transaction fees and network congestion and allow fees to be paid in stablecoins like USDC (USDC) and DAI (DAI).Related: Ethereum devs prepare final Pectra test before mainnet launchThe maximum staking limit will also be increased from 32 ETH to 2,048 ETH.The second phase of Pectra is expected in late 2025 or early 2026 and will introduce a new data structure to enhance data storage efficiency and a system that improves scalability by enabling nodes to verify transaction data without storing the entire data set.The Pectra fork follows the network’s Dencun upgrade in March 2024, which slashed transaction fees for layer-2 networks and improved the economics of Ethereum rollups.Magazine: What are native rollups? Full guide to Ethereum’s latest innovation - [Eric Trump Joins Metaplanet Strategic Board – Crypto Meets Politics](https://buyfreebitco.in/eric-trump-joins-metaplanet-strategic-board-advisors/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Brayden Lindrea Mar 21, 2025 Eric Trump joins Metaplanet’s strategic board of advisers US President Donald Trump’s son Eric has been named the first member of Metaplanet’s strategic board of advisers, established to further the firm’s Bitcoin adoption aspirations. 7230 Total views 2 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDBitcoin-stacking firm Metaplanet has appointed US President Donald Trump’s son Eric to its newly established strategic board of advisers to further Metaplanet’s mission to become a “global leader in the Bitcoin economy.””His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies,” Metaplanet CEO Simon Gerovich said in a March 21 announcement on X.”As a globally recognized business leader and entrepreneur, Eric Trump brings a wealth of experience in real estate, finance, brand development, and strategic business growth and has become a leading voice and advocate of digital asset adoption worldwide,” Metaplanet added.Metaplanet’s March 21 letter appointing Eric Trump to the firm’s Strategic Board of Advisors. Source: MetaplanetThe move is part of Metaplanet’s plan to establish a board of influential voices, speakers and thought leaders around the world who are committed to furthering Bitcoin adoption.Metaplanet shares increased 17.8% to 4,730 Japanese yen ($31.74) over the first 80 minutes of the March 21 trading day on the Tokyo Stock Exchange, Google Finance data shows.Source: Simon GerovichMetaplanet currently holds 3,050 Bitcoin (BTC) — worth nearly $4.1 billion — making it the 12th largest corporate Bitcoin holder, BitBo’s BitcoinTreasuries.NET data shows.The Japan-based investment firm set a target to accumulate at least 10,000 Bitcoin before the end of 2025. Gerovich’s firm has purchased 1,288 Bitcoin over the first 11 or so weeks of 2025 — a substantial rise in pace compared to 2024 but not quite on track to reach the ambitious target.Related: Bitcoin price thaws after Trump statement — Trader says ‘stay nimble and cashed up’The company has been adopting a range of financial instruments to bolster its Bitcoin reserve since it made its first purchase on April 23, 2024.Meanwhile, Eric Trump has been a key contributor to the Trump family’s World Liberty Financial crypto platform, which completed its second token sale in March 2025, bringing its total funding to $550 million.The Trump-affiliated platform currently holds $80.8 million worth of crypto assets, according to crypto analytics platform Arkham Intelligence.The president’s son also recently revealed that his personal crypto holdings include Bitcoin, Ether (ETH), Solana (SOL) and Sui (SUI).Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions - [Ethereum Open Interest Hits All-Time High – Will ETH Follow?](https://buyfreebitco.in/ethereum-open-interest-hits-new-all-time-high-will-eth-price-follow/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Marcel Pechman Mar 21, 2025 Ethereum open interest hits new all-time high — Will ETH price follow? Ether’s open interest hit a record high, but macroeconomic concerns and a decline in Ethereum network fees are deterring investors from buying ETH. 7367 Total views 30 Total shares Listen to article 0:00 Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDEther (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period.Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21. This has led traders to question whether large investors are positioning for a potential rally toward $2,400 while also raising concerns about the risks of cascading liquidations due to heightened leverage.Ether futures aggregate open interest, ETH. Source: CoinGlassThe aggregate open interest in Ether futures rose 15% over two weeks, hitting a record 10.23 million ETH on March 21. Binance, Gate.io, and Bitget collectively dominate 51% of the market, while the Chicago Mercantile Exchange (CME) holds 9% of ETH open interest, according to CoinGlass data. This contrasts with Bitcoin futures, where CME leads with a 24% market share.Demand for leveraged ETH longs has declinedThe increased activity in ETH futures contracts typically indicates institutional investors’ interest, as open interest measures the demand for leverage. However, buyers (longs) and sellers (shorts) are always matched, so an increase in open interest does not inherently indicate a positive outlook.To gauge whether buyers are seeking more leverage, analysts should compare ETH futures monthly contract prices to spot exchange rates. In neutral markets, these derivatives typically trade 5% to 10% higher on an annualized basis to account for the extended settlement period. If traders turn bearish, this premium would likely drop below that range.Ether futures 2-month annualized premium. Source: LaevitasThe annualized premium for ETH monthly futures dropped to below 4% on March 21, down from 5% two weeks earlier. This decline in the futures premium suggests reduced incentives for traders to use the “cash and carry” strategy, which involves selling futures contracts while simultaneously buying spot ETH to capture the premium as a fixed-income trade.Spot ETF outflows and reduced network fees pressure ETH pricePart of Ether’s decline stems from weak demand for US-based Ether exchange-traded funds (ETFs), which saw $307 million in net outflows over the two weeks ending March 20. The macroeconomic environment has also dampened investor confidence, as economists warn of rising recession risks due to global tariff wars, inflationary pressures, and US government spending cuts, according to the Boston Globe.However, some analysts argue that Ether’s recent price weakness stems from an imbalance between network fees—required to compensate validators—and the interests of decentralized applications (DApps) and layer-2 scaling solutions. This critique was perfectly summarized by Martin Köppelmann, co-founder of Gnosis.Source: koeppelmannIn a sense, Ethereum’s successful shift to proof-of-stake and the introduction of blob space to enhance scalability through rollups—while significantly boosting the network’s capabilities—are also seen as factors limiting Ether’s price growth. Despite the low transaction costs of its layer-2 solutions, some ETH investors believe they are not being adequately rewarded.Ether’s price has faced pressure from rising macroeconomic risks, while demand for DApps continues to decline—whether due to increased competition or waning investor interest. Ethereum’s 7-day base layer revenue fell to $605,000 on March 17, a sharp drop from $2.5 million just two weeks earlier.There is no indication that the surge in ETH futures open interest is driven by bullish positioning. On the contrary, demand for leveraged long positions remains notably weak, suggesting cautious market sentiment.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of .#Cryptocurrencies #Altcoin #Ethereum #DApps #Economy #Markets #Fees #Leverage #Futures #Market Analysis #Layer2 #Ethereum ETF Add reaction Editor’s Choice Buying Bitcoin vs gold: Which is easier for investors to purchase? Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next? 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FOLLOW US Terms of services and Privacy policy © 2013 - 2025 - [Solana Network Inflows Surge – Will SOL Price Rise?](https://buyfreebitco.in/solana-network-inflows-surge-will-sol-price-follow/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Biraajmaan Tamuly Apr 17, 2025 Solana network inflows surge — Will SOL price follow? Crypto investors bridged $120 million to Solana from competing blockchains, but technical data suggests SOL price will struggle to hold its recent gains. 1943 Total views 1 Total shares Listen to article 0:00 Altcoin Watch COINTELEGRAPH IN YOUR SOCIAL FEEDOver the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to data from Debridge. Meanwhile, users on Base, BNB Chain and Sonic moved $16 million, $14 million and $6.6 million, respectively. Total transferred amount from other chains to Solana. Source: debridgeThe return of liquidity to Solana paints a stark contrast to the network's recent challenges. Following Argentina’s LIBRA memecoin scandal, which ensnared President Javier Milei, Solana saw investors move $485 million to other blockchains like Ethereum and BNB Chain. The current liquidity influx to Solana coincides with the return of double-digit price rallies from memecoins as POPCAT, FARTCOIN, BONK and WIF rose 79%, 51%, 25% and 21%, respectively, over the past seven days. However, further analysis shows the total generated fees for March coming in just under $46 million. For context, Solana’s fees peaked at over $400 million in January 2025. Currently, the total fees generated for the month of April are roughly $22 million. Solana total generated fees and revenue. Source: DefiLlamaRelated: Spot Solana ETFs to launch in Canada this weekSolana price has a tough uphill climb aheadFrom a technical perspective, Solana remains in a bearish trend on the 1-day chart. SOL must exhibit a bullish break of structure by closing a daily candle above $147 for a bullish trend shift. Solana 1-day chart. Source: /TradingViewSolana remains under the $140 level, with the 50-day exponential moving average (blue line) acting as a strong resistance. A bullish close above the 50-EMA would have increased the likelihood of a positive trend reversal, but SOL prices have stalled at current levels. On a lower time frame (LTF) chart, Solana exhibited a bearish divergence between the price and relative strength index (RSI) indicator. Historically, a bearish divergence setup has signaled a correction period for Solana in 2025. SOL has experienced four bearish divergences since January, each following a price decline. Solana 4-hour chart. Source: /TradingViewThere is a strong similarity between its previous and current bearish divergence. Both setups took place after the price moved temporarily above the 50-day and 100-day EMA (blue and green line) on the 4-hour chart, eventually leading to a price drop. Thus, it is possible that Solana could follow a similar path in the next few days. The 1-day demand zone is the immediate area of interest for a bounce between $115 and $108. Meanwhile, in a recent X post, Glassnode reported a significant shift in Solana’s realized price distribution, with over 32 million SOL bought at the $130 level over the past few days. That is 5% of the total supply, which means the $130 level could be a strong support level in the future. The analysis added,“Below $129, we see 18M $SOL (3%) at $117.99, while above, 27M $SOL(4.76%) sit at $144.54. In the short term, $144 could act as resistance and $117 as the lower bound of the price range, with $129 serving as the key pivot zone.”Solana UTXO realized price. Source: GlassnodeRelated: Bitcoin price recovery could be capped at $90K — Here’s whyThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. - [Bitcoin Nearing $65K – Why Traders Are Still Bearish](https://buyfreebitco.in/bitcoin-going-65k-traders-explain-why-still-bearish/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Yashu Gola Mar 21, 2025 Is Bitcoin going to $65K? Traders explain why they're still bearish Bitcoin is paring recent losses but still struggles to sustain its uptrend, leading some analysts to predict another drop to as low as $65,000. 13467 Total views 20 Total shares Listen to article 0:00 Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDBitcoin (BTC) rebounded by as much as 14% after plunging to a four-month low near $76,600 on March 11. But BTC price is down approximately 25% from its record high of around $110,000, which is normal for a “bull market correction.”Still, some analysts anticipate the Bitcoin price declines to continue in the future.“Dark cloud” hints Bitcoin is topping outBitcoin faces renewed bearish pressure after rejecting at $87,470, the descending channel resistance, with a “dark cloud cover” pattern reinforcing the downtrend, according to an analysis shared by GDXTrader on X.BTC/USD daily price chart. Source: TradingView/@GDXTraderThe dark cloud cover pattern occurs when a strong green candle is followed by a red candle that opens above the previous close but closes below the midpoint of the first candle’s body.Illustration of a dark cloud cover. Source: GoldenEye Analysis Such a shift in sentiment indicates that buyers attempted to push higher but were overpowered by sellers, often leading to further downside.Bitcoin's failure to close within the $90,000-$93,000 resistance zone suggests a lack of buying conviction, GDXTrader noted, saying the cryptocurrency will remain under bearish pressure unless it decisively breaks above the said range.BTC price “perfect rejection” risks $65,000Bitcoin’s potential to decline further arises from its “perfect rejection” after testing the $86,000-88,000 zone as resistance, according to analysis from popular trader CrediBULL Crypto.Related: Here’s why Bitcoin price can’t go higher than $87.5KNotably, Bitcoin attempted to break toward the local supply zone marked in red but failed to sustain above the said resistance zone, illustrated by the orange circle in the chart below.BTC/USD hourly price chart. Source: TradingView/CrediBULL CryptoFailure to reclaim the supply zone has increased the probability of a drop toward lower support levels around $77,000-79,000 (highlighted in green) by March. Testing this area as support has led to sharp price rebounds in March.Nonetheless, if this support zone breaks, a deeper move below the $77,000-79,000 region could extend toward the $65,000-74,000 area—the larger green liquidity zone in the chart above—by April.Analyst George shared a similar outlook, as shown below.Source: George1Trader/X“Hard to stay bullish” with a bear flag patternAccording to analyst CryptOpus, Bitcoin remains tightly correlated with traditional equity markets, particularly the S&P 500 (SPX) and Nasdaq 100 (NDX), both of which are displaying bear flag patterns on the charts.A bear flag forms when the price consolidates higher inside an ascending parallel channel. It resolves if the price breaks below the lower trendline and drops by as much as the previous downtrend’s height.Source: CryptOpusBTC is following a similar bear flag structure, with $84,000 acting as the lower trendline support. A break below this threshold could trigger a deeper sell-off toward $72,000 per the technical rule explained above.Moreover, Bitcoin's correlation with equities has grown due to a broader decline in risk-on sentiment, led by the US President Donald Trump’s global trade war. BTC/USD and Nasdaq Composite 30-day correlation. Source: TradingViewArthur Breitman, the co-founder of Tezos, has called US recession one of the crypto market’s biggest external risks.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. - [Mantra (OM) Crash Explained – Liquidity & Concentration Issues](https://buyfreebitco.in/mantra-om-crash-critical-liquidity-concentration-issues/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Zoltan Vardai Apr 17, 2025 Mantra OM token crash exposes ‘critical’ liquidity issues in crypto Mantra’s OM token crash exposed crypto’s weekend liquidity risks and insider dumping concerns linked to major exchange activity, according to the CEO of Bitget. 2600 Total views 2 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDMantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, reported.While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the crypto industry, according to Gracy Chen, CEO of the cryptocurrency exchange Bitget.“The OM token crash exposed several critical issues that we are seeing not just in OM, but also as an industry,” Chen said during ’s Chainreaction daily X show, adding:“When it’s a token that’s too concentrated, the wealth concentration and the very opaque governance, together with sudden exchange inflows and outflows, combined with the forced liquidation during very low liquidity hours in our industry, created the big drop off.”🎙️ CEXs hit with outages as AWS runs into trouble. The question is, do we need more decentralization? Today, @RKBaggs and @ZVardai are joined by @GracyBitget, CEO of @Bitgetglobal on #CHAINREACTION to unpack the problem!https://t.co/OPoyu1IORC— (@) April 15, 2025 - [Can Bitcoin’s Hard Cap of 21 Million Be Changed? – Explained](https://buyfreebitco.in/can-bitcoins-hard-cap-of-21-million-be-changed/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About HomeexplainedCan Bitcoin’s hard cap of 21 million be changed? • Feb 26, 2025 Can Bitcoin’s hard cap of 21 million be changed? What is a hard cap? A hard cap is the maximum supply of a cryptocurrency that can ever exist. It’s hardcoded into the blockchain’s code and sets a strict limit on how many tokens or coins can be created. This limit promotes scarcity, which can help boost the value of each token over time.Take Bitcoin (BTC), for example. Its creator, Satoshi Nakamoto, set a hard cap of 21 million coins. No matter how much demand there is or how many miners try to produce new Bitcoin, the supply will never exceed 21 million.Why does a hard cap matter?Absolute scarcity is a big deal in crypto; it’s like Bitcoin being digital gold, but even more limited. If demand increases, the price may rise because no new coins can be created to meet that demand. The only way a cryptocurrency could increase its supply would be by changing its core code — basically reinventing itself.Compare this to gold: If it were easier for everyone to mine gold suddenly, the supply would increase, and the price would drop. Bitcoin doesn’t have this issue because of its fixed, hard cap.Hard cap vs. soft cap in ICOsThe term “hard cap” also shows up in the world of initial coin offerings (ICOs). When projects raise money through ICOs, the hard cap is the maximum amount they aim to collect, while the soft cap is the minimum needed to launch the project.Think of the soft cap as the minimum fundraising goal, while the hard cap is more of a stretch goal. The hard cap is usually set higher to allow for more fundraising potential, but it doesn’t always mean the project will reach that target.In both cases — whether talking about total supply or fundraising limits — a hard cap helps set clear boundaries, promoting transparency and scarcity.Now, let’s explore Bitcoin’s 21-million hard cap — why it’s so important and what could happen if this cap were changed. The significance of the 21-million Bitcoin hard cap Bitcoin’s 21-million hard cap ensures its scarcity, acting as digital gold and a store of value, but ongoing debates question whether it could ever be changed.Bitcoin’s hard cap of 21 million coins is like its DNA, and it’s what makes Bitcoin the treasured asset it is today. It’s the digital equivalent of gold’s scarcity, and it’s a big reason why people see it as a store of value. Bitcoin is also considered the apex asset within the cryptocurrency asset class. But as Bitcoin grows and evolves, some folks have started to wonder: Could this hard cap ever be changed?Let’s break it down and see why this is such a hot topic.Imagine if someone suddenly decided to print more gold. It wouldn’t be as precious anymore, right? It is basic economics between supply and demand. As supply increases, the perceived value typically decreases, and vice versa. The same goes for Bitcoin. The 21-million hard cap was baked into its code by Satoshi Nakamoto, Bitcoin’s mysterious creator. It’s what gives Bitcoin its digital scarcity, a feature that’s pretty rare in the world of fiat currencies.Even in the world of cryptocurrencies, other blue-chip assets like Ether (ETH) and Solana (SOL) do not enjoy the same status as Bitcoin with respect to their economic model.Here’s why this cap is such a big deal.Store of value: Bitcoin is often called “digital gold” because, like gold, it’s scarce. There’s only so much of it, and no one can just make more. This scarcity is a huge part of its value.Decentralization and trust: Unlike fiat currencies, where central banks can print money whenever they want, Bitcoin’s supply is fixed. This means no one can mess with it for their own gain.Predictable monetary policy: Bitcoin’s supply grows at a predictable rate, thanks to the halving event that happens approximately every four years. This event cuts the mining reward in half, slowing down the creation of new BTC until the 21-million cap is reached.As of  2025, over 19.8 million BTC has already been mined, leaving less than 1.2 million left to be created. This scarcity is a big part of what drives Bitcoin’s value, currently hovering around $100,000 per coin. Proposals to change the 21-million cap While the 21-million cap is a cornerstone of Bitcoin, past debates, from early inflation concerns to the 2017 block size wars, show how difficult changing Bitcoin’s core rules would be.While the 21-million cap is pretty much gospel in the Bitcoin world, there have been a few whispers about changing it over the years. Let’s take a look at some of these discussions.Back in Bitcoin’s early days, some people wondered if an inflationary model might be necessary. The concern was that once all BTC was mined, miners might lose the incentive to secure the network. But Satoshi Nakamoto had a solution: transaction fees. As block rewards decrease over time, fees would take over as the main incentive for miners. This idea has held up pretty well so far.Hal Finney, one of Bitcoin’s earliest adopters (and possibly the first person to receive a Bitcoin transaction from Satoshi), once mused about the possibility of introducing some inflation after the 21-million cap was reached. But he was clear that this was just a thought experiment, not a serious proposal. In his words:“Imagine if Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should be equal to the total value of all the wealth in the world.”Even so, Finney remained a staunch supporter of Bitcoin’s scarcity.While not directly about the supply cap, the block size debates of 2017 showed just how hard it is to change Bitcoin’s core rules. The community was deeply divided over whether to increase the block size, and the disagreement eventually led to a hard fork, creating Bitcoin Cash. If something as relatively minor as block size can cause such a rift, imagine the chaos that would ensue if someone tried to mess with the 21-million cap. What would happen if Bitcoin’s 21-million hard cap changed? Changing Bitcoin’s 21-million cap would shatter trust, trigger market panic, and likely lead to a hard fork, but history shows the community fiercely protects its scarcity.Some in the crypto space have speculated that, as Bitcoin adoption grows and mining rewards dwindle, there could be pressure to introduce a small inflationary mechanism. But let’s be real, this would be trying to rewrite the constitution of the largest crypto asset. The Bitcoin community is fiercely protective of its principles, and any attempt to change the supply cap would likely face massive resistance.But it is worth thinking through: What would happen if the hard cap were changed?Let’s play out this scenario. What if someone actually tried to change Bitcoin’s hard cap? Spoiler alert: It wouldn’t go well.Loss of trust and credibility: Bitcoin’s entire value proposition is built on trust. If the supply cap were changed, that trust would be shattered. As investor and author Nassim Taleb once said: “Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” Messing with the hard cap would undermine that greatness.Market reaction and price impact: Bitcoin’s price is heavily tied to its scarcity. If the supply cap were increased, the market would likely panic. We could see a massive sell-off as investors lose confidence in Bitcoin’s value. Remember, Bitcoin’s price has historically been driven by its fixed supply, and any change to that would be a seismic event.Hard fork and network split: If a proposal to change the supply cap gained traction, it would almost certainly lead to a hard fork. The community would split into two camps: those who support the change and those who don’t. The result? Two competing versions of Bitcoin. But history shows us that forks like this rarely succeed. Just look at Bitcoin Cash; it’s still around, but it’s nowhere near as valuable or widely adopted as Bitcoin.Developer and community support: Bitcoin Core developers would need to get on board with the idea. But these folks are like the guardians of Bitcoin’s principles. They’re not likely to support something that undermines its core value.Miner agreement: Miners would also need to agree to the change. But why would they? Miners have a vested interest in Bitcoin’s value. Increasing the supply would dilute their holdings and reduce their long-term profits. There can be an argument that if, in the process of increasing supply, the difficulty of mining goes down, effectively making Bitcoin mining more economical. This could make miners more viable and supportive of the increase in supply cap.Node consensus: Even if developers and miners agreed, the majority of node operators would also need to get on board. Nodes are the backbone of the Bitcoin network, and they have the final say in what changes are adopted from a governance perspective.Another possibility worth keeping in mind is the role of large institutional Bitcoin holders like BlackRock and Strategy. If they see benefits in increasing the supply through a fork and are willing to move capital at scale into the forked Bitcoin, that might potentially trigger the beginning of a meaningful alternative to Bitcoin. Even with greater capital backing than Bitcoin Cash, the community’s acceptance is crucial for any forked chain to become a meaningful Bitcoin alternative. Bitcoin’s hard cap is one of its most sacred principles, fiercely guarded by its community.As Andreas Antonopoulos, a well-known Bitcoin advocate, once said:“Bitcoin is not just a currency; it’s a movement. It’s about taking control of your own financial destiny.”So, in theory, it’s possible to change Bitcoin’s hard cap. After all, it’s just code, and code can be rewritten. But in practice? It’s a whole different story. Changing the hard cap would undermine that movement and the trust that’s been built over the years.Bitcoin’s 21-million cap isn’t just a number; it’s a promise that the Bitcoin community intends to keep. So, while the idea of changing the cap might make for an interesting thought experiment, it’s highly unlikely to pan out as a credible alternative to Bitcoin. Bitcoin’s scarcity is here to stay, and that’s a big part of what makes it so special. Page Contents News Markets Policy Business Tech & AI Deals NFTs Market Price Indices Crypto Exchanges Memecoins Heatmap Partner Converter Solana RPC In Depth Magazine Opinion Interview Features Investigation Learn Guides How to Tutorials Explained Glossary History of Crypto Top 100 2023 Top 100 2022 Top 100 2021 Top 100 2020 Industry Research Podcasts Press Releases Events Accelerator Changelly Partner Switchere Partner About us Franchise Advertise Team Widgets Newsletters Contacts Are you a journalist or an editor? Join us MOBILE APPS COINTELEGRAPH NEWSLETTER Email Address Subscribe covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money. FOLLOW US Terms of services and Privacy policy © 2013 - 2025 - [Court Pauses SEC vs. Ripple Appeal – Latest Legal Update](https://buyfreebitco.in/court-pause-sec-ripple-appeals-case/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Turner Wright Apr 16, 2025 Court grants 60-day pause of SEC, Ripple appeals case The case in the Second Circuit is still winding down despite both parties seemingly agreeing to drop the matter. 6113 Total views 5 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDAn appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations.In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15.April 16 order approving a motion to hold an appeal in abeyance. Source: PACERThe SEC’s case against Ripple and its executives, filed in December 2020, was expected to begin winding down after Ripple CEO Brad Garlinghouse announced on March 19 that the commission would be dropping its appeal against the blockchain firm. A federal court found Ripple liable for $125 million in an August ruling, resulting in both the SEC and blockchain firm filing an appeal and cross-appeal, respectively.However, once US President Donald Trump took office and leadership of the SEC moved from former chair Gary Gensler to acting chair Mark Uyeda, the commission began dropping multiple enforcement cases against crypto firms in a seeming political shift. Ripple pledged $5 million in XRP to Trump’s inauguration fund, and Garlinghouse and chief legal officer Stuart Alderoty attended events supporting the US president.Related: SEC dropping Ripple case is ‘final exclamation mark’ that XRP is not a security — John DeatonDespite support for the end of the case coming from both Ripple and the SEC, the August 2024 judgment and appellate cases leave some legal entanglements. Alderoty said in March that Ripple would drop its cross-appeal with the SEC and receive a roughly $75 million refund from the lower court judgment. It’s unclear what else may result from negotiations over a settlement in appellate court.New leadership at SEC incomingActing chair Uyeda is expected to step down following the US Senate confirming Paul Atkins as SEC chair on April 9. During his confirmation hearings, lawmakers questioned Atkins about his ties to crypto, which could create conflicts of interest in his role regulating the industry. In financial disclosures, Atkins stated he had millions of dollars in assets through stakes in crypto firms, including Securitize, Pontoro and Patomak. Magazine: SEC’s U-turn on crypto leaves key questions unanswered - [Solana Price Up 36% After Market Crash – Is $180 Next?](https://buyfreebitco.in/solana-price-is-up-36-from-its-crypto-market-crash-lows-is-180-sol-the-next-stop/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Marcel Pechman Apr 16, 2025 Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop? The Solana network saw an uptick in deposits over the past week. Is this enough to sustain a rally toward $180? 4193 Total views 26 Total shares Listen to article 0:00 Altcoin Watch COINTELEGRAPH IN YOUR SOCIAL FEEDSolana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term.Blockchains ranked by total value locked, USD. Source: DefiLlamaSolana has established itself as the second-largest blockchain by total value locked (TVL), with $6.9 billion. After gaining 12% over the seven days ending April 16, Solana has pulled ahead of competitors such as Tron, Base, and Berachain. Positive signs include a 30% increase in deposits on Sanctum, a liquid staking application, and 20% growth on Jito and Jupiter.Solana's DEX volume surpasses Ethereum layer-2sOne could argue that Solana’s TVL roughly matches the Ethereum layer-2 ecosystem in deposits. However, this comparison overlooks Solana’s strong position in decentralized exchange (DEX) volumes. For example, in the seven days ending April 16, trading activity on Solana DApps totaled $15.8 billion, exceeding the combined volume of Ethereum scaling solutions by more than 50% during the same period.Blockchains ranked by 7-day DEX volumes, USD. Source: DefiLlamaSolana reclaimed the top spot in DEX activity, surpassing Ethereum after a 16% gain over seven days. This was supported by a 44% increase in volume on Pump-fun and a 28% rise on Raydium. In contrast, volumes declined on the three largest Ethereum DApps—Uniswap, Fluid, and Curve Finance. A similar trend occurred on BNB Chain, where PancakeSwap, Four-Meme, and DODO saw reduced volumes compared to the previous week.It would be unfair to measure Solana’s growth only by DEX performance, as other DApps handle much smaller volumes. For example, Ondo Finance tokenized a total of $250 million worth of assets on the Solana network. Meanwhile, Exponent, a yield farm protocol, doubled its TVL over the past 30 days. Similarly, the yield aggregator platform Synatra experienced a 43% jump in TVL during the past week.Synatra DApp screenshot. Source: Analysts are confident that a Solana spot exchange-traded fund (ETF) will be approved in the United States in 2025. However, expectations for significant inflows are limited due to a general lack of interest from institutional investors and the recent poor performance of similar Ethereum ETF instruments. If the spot ETF is approved, it could strengthen Solana’s presence—especially if the US government’s Digital Asset Stockpile plans come to fruition.Related: Real estate fintech Janover doubles Solana holdings with $10.5M buyInvestors are eagerly awaiting the full audit of US federal agencies’ crypto holdings, initially expected by April 7. However, after missing this deadline, some journalists suggest that the executive order signed on March 7 did not require the findings to be made public. Regardless of whether SOL appears on that list, there are currently no plans from the government to acquire cryptocurrencies other than Bitcoin (BTC).Currently, there are few catalysts to justify a rally to $180, a level last seen 45 days ago on March 2. Without external factors causing a large influx of new participants into the crypto ecosystem, the increase in TVL and DEX market share alone is unlikely to push SOL’s price to outperform the broader market.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of . - [Bitcoin Logo in Austin Sets Gemini World Record – Full Story](https://buyfreebitco.in/bitcoin-logo-austin-gemini-world-record/): Ecosystem English News Indices In Depth Learn Newsletters Crypto Bonus Research Podcasts About Arijit Sarkar Mar 14, 2025 Bitcoin logo shines over Austin, Texas, as Gemini sets new world record Gemini organized a record-breaking drone show featuring a massive Bitcoin logo to celebrate the US Strategic Bitcoin Reserve. 5432 Total views 2 Total shares Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDCryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol.The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative.Source: GeminiGemini’s drone show featured depictions of a rocket launch and moon landing, among others. During the show, the Bitcoin (BTC) logo was followed by a text that read: “Go where dollars won’t.” The company said:“In celebration of the US Strategic Bitcoin Reserve, we’re hosting a Guinness World Record breaking drone show. The show explores the future of money and features the iconic Bitcoin “₿” as the largest currency symbol in the sky.”Following the drone show, Gemini received a certificate for “The largest ariel display of a currency symbol formed by multirotor/drones.”Source: DocumentingBTCThe Bitcoin logo origin storyIn over 16 years of Bitcoin’s existence, its logo has undergone several iterations driven by community feedback. The first Bitcoin logo, created by Satoshi Nakamoto, was a gold coin with a “BC” text embedded in the center, as shown below.The original Bitcoin logo. Source: bitcointalk.orgRelated: Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boostHowever, Nakamoto introduced a new logo on Feb. 24, 2010, which replaced the “BC” text with “₿.”Satoshi Nakamoto incorporates design changes based on community feedback. Source: bitcointalk.orgThe logo was released as a copyright-free image and was widely accepted as the official symbol for Bitcoin. On Nov. 1, 2010, a new iteration of the Bitcoin logo was created by a Bitcoin community member bitboy (unrelated to YouTuber BitBoy Crypto), which received overwhelming support from the early Bitcoiners.bitboy’s design a.k.a. official Bitcoin logo. Source: bitcointalk.orgAs a result, bitboy’s logo was accepted as the official Bitcoin logo and continues to be used to date.The updated logo replaced the gold background with a bright orange color and featured Nakamoto’s “₿” logo tiled clockwise by 14%.Read ’s detailed BTC origin story to learn more about the evolution of the Bitcoin logo.Magazine: Vitalik on AI apocalypse, LA Times both-sides KKK, LLM grooming: AI Eye #Bitcoin #Altcoin #Business #North America #Gemini #United States #Records Add reaction Editor’s Choice Buying Bitcoin vs gold: Which is easier for investors to purchase? Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next? 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