KEYTAKEAWAYS
- Bitcoin holds steady in the mid-$80,000 range while whales accumulate at record rates, with analysts predicting significant volatility and a potential breakout to $100,000 by May.
- Solana dApps generated $2.8 billion in revenue over the past year, exceeding all other blockchain platforms combined by 47%, despite revenue remaining highly volatile.
- Trump is privately discussing the possibility of firing Fed Chair Powell before his term ends, as Goldman Sachs warns such politicization could drive gold prices to $4,500 per ounce.
CONTENT
Welcome to the CoinRank Crypto News Roundup. CoinRank will provide daily important crypto news in this column series, allowing readers to quickly obtain the latest crucial updates from the cryptocurrency market.
MORNING NEWS
1. Analysts Predict Imminent Bitcoin Volatility Despite Steady Price
Bitcoin continues to hold in the mid-$80,000 range, but analysts forecast significant volatility ahead, with most predicting a potential price rally. CryptoQuant contributor Mignolet highlighted that approximately 170,000 BTC recently moved from the 3-6 month holder cohort, historically preceding notable price swings. Analyst Master of Crypto noted the wide gap between short-term holders (realized price around $92,700) and long-term holders (realized price of $26,500), which often precedes major price movements. Meanwhile, Ali Martinez observed that over 15,000 BTC have been withdrawn from exchanges in the past week, typically a bullish signal as it suggests investors prefer holding rather than selling.
2. Bitcoin Whales in Strong Accumulation Phase According to Glassnode
Glassnode data reveals Bitcoin whales are in a strong accumulation phase, with large holders (100-1000+ BTC) absorbing Bitcoin at the fastest rate in history—exceeding 300% of annual Bitcoin issuance. Simultaneously, exchange-held Bitcoin continues to decline, with an annual absorption rate of -200%, indicating investors’ preference for long-term holding or self-custody. Addresses holding over 10,000 BTC show an accumulation trend score of approximately 0.7, confirming their strong accumulation stance. Technical analysis indicates Bitcoin has broken out of a multi-month descending wedge pattern, potentially breaking $100,000 in May if the current trend continues, with $88,800 representing a key resistance level.
3. Analyst: No Signs of Retail Investors in Current Bitcoin Rally
According to Ali Martinez’s analysis, Bitcoin market tops have historically coincided with surges in retail activity. However, during the current Bitcoin rise from $70,000 to $110,000, there have been no obvious signs of retail investors entering the market, with the structure resembling that of late 2021.
4. Binance Strengthens Market Dominance in Q1 2025
TokenInsight data shows Binance maintained its position as the global spot market leader in Q1 2025, with an average market share of 43.9% for the quarter. The exchange has steadily increased its dominance from 43.5% at the beginning of the year to 45% by the end of March, further solidifying its status as the world’s leading centralized exchange.
5. MoonPay CEO Urges Congress to Ensure Equal Regulatory Rights for Stablecoin Issuers
MoonPay CEO Ivan Soto-Wright wrote to the U.S. Congress supporting proposed amendments by the National Association of State Bank Supervisors (CSBS) regarding equal regulatory rights for state and federal stablecoin issuers in the GENIUS and STABLE Acts. Soto-Wright emphasized that the current provisions favor the federal pathway, potentially weakening state-licensed issuers’ competitiveness, and called on Congress to amend the legislation to maintain competition, fairness, and consumer protection.
NOON NEWS
1. Solana dApps Generate More Revenue Than All Other Chains Combined
According to a report by Syndica, Solana dApps generated $2.8 billion in revenue over the past 12 months, 47% more than dApps on all other chains combined. Solana’s dApp earnings began outpacing all other chains in October last year, with the gap continuing to widen. The impressive revenue demonstrates the network’s appeal to both users and developers, thanks to its low fees and user-friendly experience. However, Solana’s dApp revenue remains largely driven by crypto trading applications, making earnings volatile, as evidenced by the January peak of $701 million coinciding with Solana’s all-time high of $294.33.
2. SKYAI Presale Raises $50 Million from 110,000 Participants
SKYAI has concluded its presale, attracting 110,000 subscribers and raising nearly 84,000 BNB (approximately $50 million). Rather than simply being another AI concept project, SKYAI is building a complete “data liquidity” ecosystem to bridge the gap between blockchain data and large language models (LLMs). The platform currently supports BSC and Solana with over 10 billion rows of data and plans to expand to Ethereum and BASE with multi-chain integration in development.
3. Goldman Sachs Warns Political Fed Could Drive Gold to $4,500
Goldman Sachs has issued a stark warning that if the Federal Reserve becomes politicized, gold prices could surge to $4,500 per ounce. This prediction comes amid increasing concerns about political interference in monetary policy, which could undermine the Fed’s independence and credibility. The investment bank argues that such a scenario would lead to heightened uncertainty and market volatility, making gold an attractive safe-haven asset. Goldman’s analysts emphasize that the Fed’s independence is crucial for maintaining stable economic conditions, and political pressure could erode confidence in the U.S. dollar and other financial instruments, further boosting gold’s appeal.
4. Manta Network Co-Founder Targeted in Sophisticated Phishing Attempt
Kenny Li, co-founder of Ethereum layer-2 project Manta Network, was targeted in a sophisticated Zoom phishing attempt believed to be orchestrated by the Lazarus Group, a North Korean state-backed hacking unit. The attack involved a known contact on Telegram arranging a Zoom call where familiar faces appeared on camera but remained silent, followed by a prompt urging Li to download a script to fix audio issues. Li found this suspicious and immediately left the call. This incident is part of a broader pattern of attacks attributed to Lazarus, known for some of the largest crypto heists in history, including the February Bybit hack. Security experts recommend firms adopt basic defenses such as least privilege access, two-factor authentication, device segregation, and contacting security groups like SEAL 911 if breached.
5. Sui Approaches Critical Support Level for Potential Macro Reversal
Sui (SUI) is trading at a major high timeframe support region with multiple technical confluences in its favor. This area is reinforced by strong confluence, including the point of control from VWAP, daily support, and weekly support—all aligning to create a high-probability trade zone. With volume decreasing and the structure showing compression signs, traders are watching this level for a potential macro reversal. If this support holds and the next retest is defended, it could form a high-timeframe double bottom reversal structure. However, confirmation requires a breakout above the local range high with increased volume. Failure to hold this level would invalidate the bullish thesis and could lead to deeper downside targets.
EVENING NEWS
1. Analyst Identifies Key Support and Resistance Levels for Solana
Crypto analyst Ali Martinez stated on Twitter that Solana’s current key support level is $129, with a key resistance level at $144. Price movements outside this range may determine SOL’s next trend direction.
2. Whale Accumulates $10M in Losses Across Three Token Positions
According to AI monitoring service @ai_9684xtpa, a whale who invested $16.41 million in positions across PNUT, ai16z, and arc has accumulated losses of $9.98 million within five months, with assets shrinking by over 60%. Previous analysis suggests this address may belong to Galaxy Digital, though it remains unconfirmed whether it serves as a market maker for these three tokens.
3. Trump Reportedly Discussing Firing Fed Chair Powell Before Term Ends
According to informed sources, President Trump has been privately discussing firing Federal Reserve Chairman Jerome Powell for several months, though no final decision has been made on whether to remove him before his term ends next year. During a meeting at Mar-a-Lago, Trump reportedly discussed the possibility of replacing Powell with former Federal Reserve Board Governor Kevin Warsh. Sources indicate that Warsh advised against firing Powell, suggesting the Fed chairman should complete his term without interference. However, in an Oval Office meeting on Thursday, Trump asserted his belief that he has the right to remove Powell, stating, “If I want him to leave, he will leave quickly.”
4. OKINTAMA Meme Token to List on LBank Exchange
LBank Exchange announced that OKINTAMA (Hamster With Biggest Balls) will be listed on their platform on April 19, 2025, at 07:55 UTC, with the trading pair OKINTAMA/USDT in the MEME Zone. The token is based on anime-style hamster artwork published by a Japanese artist and fully minted on the Solana blockchain. Deposits will open at the same time as trading begins, while withdrawals will be available starting April 20. Trading fees for the pair are set at 1% for both takers and makers.
5. Donald Trump Announces Exclusive Dinner for TRUMP Token Holders
Former President Donald Trump has announced an exclusive dinner event specifically for holders of the TRUMP token. A dedicated webpage has been created for the event, which is part of Trump’s broader strategy to engage with supporters and leverage his influence in the digital asset space. By limiting attendance to token holders, Trump aims to create a sense of exclusivity and strengthen the connection between himself and his supporters in the crypto community. This initiative is expected to enhance the perceived value of the TRUMP token and generate significant interest among holders.
▶ Buy Crypto at Bitget
CoinRank x Bitget – Sign up & Trade to get $20!
