Chain News Daily Official TheBitTimes.com

1. Current Situation: Bitcoin Reserves and Trump’s Energy Policy Amid intensifying global competition for Bitcoin reserves, the U.S. government has accumulated approximately 200,000 Bitcoins (worth around $17 billion) through law enforcement seizures and has established a “strategic Bitcoin reserve pool” prohibiting their sale. Meanwhile, the Trump administration’s policy direction exhibits two core tendencies: (1) supporting traditional energy industries, advocating for reduced subsidies and constraints on clean energy; (2) enhancing America’s financial competitiveness without increasing fiscal expenditure. Therefore, utilizing national energy resources for Bitcoin mining to augment reserves theoretically aligns with the administration’s policy objectives. Currently, U.S. national energy assets primarily include decommissioned power plants, Tennessee Valley Authority (TVA) hydroelectric facilities, military backup power sources, and other public energy infrastructures. These resources...

A closely followed crypto strategist believes that the native asset of a layer-2 scaling solution could witness an over 3x rally this year. Pseudonymous analyst Inmortal tells his 231,000 followers on the social media platform X that he’s bullish on Mantle (MNT), noting that he believes the altcoin has already printed a 2025 bottom at around $0.6. According to the trader, a 279% rally for MNT this year is a high-probability scenario. “Starting to feel like bottom is in. Big players have been buying over the last few weeks, and it shows. $3 in 2025 is very likely, high-conviction play for me.” Source: Inmortal/X Based on the trader’s chart, he seems to predict that MNT will surge to $1.30 in the coming months. At time of writing, MNT is worth $0.79. Turning to Bitcoin, the trader unveils a potential path for BTC to print a durable bottom this year. According to Inmortal, BTC could temporarily drop below $70,000 before igniting the next...

The price of Pi Coin in April 2025 looks set for a dramatic surge, with forecasts predicting a potential rise to $3.94. At the time of writing, Analysis shows Pi trading at just $0.698489, but the Pi Coin forecast for April 2025 suggests an extraordinary 464% increase might be just around the corner for this digital asset. Source: CoinCodex Also Read: Ripple: With SEC Lawsuit Settled, Will XRP Hit $4? Pi Coin’s Price in April 2025: Trends, Forecast, & Market Insights Source: Bitget Market Analysis Pi Coin has certainly struggled in recent weeks, with only about 23% green days observed in the past month or so. The Fear & Greed Index currently sits at 26, which signals widespread market caution and uncertainty. Despite this ongoing downturn, Pi Coin price trends for April suggest that a rapid recovery is imminent and could surprise many investors. Short-term Pi Coin price April predictions show consistent daily gains expected through the first week of the month and possibly beyo...

A memecoin creator notorious for being involved with several controversial projects is continuing to dump his coins even after a 95% drop. New data from the blockchain tracking firm Bubblemaps is shedding light on on-chain activity of Hayden Davis, who admitted to having a role in both Libra (LIBRA), a memecoin originally backed by Argentinian President Javier Milei before he quickly disavowed it, and Melania Meme (MELANIA), a coin inspired by Melania Trump. MELANIA began a steep descent the very day it was launched in January and is now down 95.3%. Says Bubblemaps, “Hayden Davis is STILL selling MELANIA He recently sent $1 million to exchanges and extracted over $2 million from the liquidity pools… For weeks, his MELANIA wallets were inactive – until now… In total, Hayden sent $1,065,153 worth of MELANIA to centralized exchanges and extracted $2,050,666 from the liquidity pool over the last 14 days. And many wallets haven’t sold yet. Why a...

Ripple’s XRP is one asset that has seen immense growth, particularly this year. The altcoin broke several levels of resistance and recorded new seven-year peaks. Throughout the past year, the asset went from trading at a low of $0.3911 all the way to a high of $0.3911. This comes after a 259% uptick during this period. While the asset did not reclaim its all-time high, the community is certain that it will over the next few months. Also Read: Cronos Jumps 7.51% to $0.113: Will CRO Keep Rising in April? A Look At XRP’s All-Time High Source: Bitcoin Block At the time of writing, XRP was trading at $2.22. Over the past 24 hours, the entire cryptocurrency market was experiencing bloodshed. Ripple’s cryptocurrency did not hold back as it dipped by nearly 6% during this time. XRP hit an all-time high of $3.84 about seven years ago in 2018. The asset is currently trading 42% below this peak. Source: CoinMarketCap Also Read: GTA 6 Investment: $265M to $7.7B—Can GTA 6’s $2 Bill...

The US Treasury, having just dropped sanctions against the crypto mixer Tornado Cash, filed a notice last Friday declaring a Texas district court case is now “moot” before a final judgment can be made. The “moot” notice implies the case is no longer practical due to the Treasury removing Tornado Cash sanctions. As such, the Texas District Court might refrain from issuing a final judgment and dismiss the case. The Rage reports that if this happens, there will be no binding court order to stop the Treasury from sanctioning Tornado Cash or similar software again.  US drops Tornado Cash sanctions, frontend remains compromised Read more: OFAC ‘overstepped’ on Tornado Cash sanctions, court orders reversal Plaintiffs brought the case against the Treasury, arguing the agency had overstepped its powers when it sanctioned Tornado Cash over money laundering concerns. The plaintiffs lost and appealed the decision. Last November, the appeals court ruled that the dis...

The US stock market appears to be turning the corner after a rough start to the year. Indeed, a host of tech firms have seen shares make marginal increases that could be setting the stage for a further bull market on the horizon. Among them is Amazon (AMZN), as its Amazon Web Services (AWS) AI expansion may be poised to push the stock closer to the $305 level. The cloud computing sector has been one of the fastest growing in the technology space. Alongside AI, it has garnered significant demand on Wall Street. Yet, Amazon continues to be the cream of the crop, and it may be set to only further extend its lead against a crowded field. Source: REUTERS/Gonzalo Fuentes Also Read: Alphabet (GOOGL) or Amazon (AMZN): Which Stock is Better Buy in March? Amazon AWS Makes Key AI Expansion as Experts Have High Hopes for Stock Like many of its mega-cap peers, Amazon has struggled in March. Currently priced at $202, shares have plummeted more than 5% over the last 30 days. Although they have reboun...

Crypto investment bills are, at the time of writing, reshaping the landscape in both Kentucky and Arizona, with these states passing some really important legislation that could potentially boost Bitcoin regulation and also encourage broader crypto adoption. These new state laws mark significant progress for blockchain technology and digital asset users right now, in early 2025. Also Read: BlackRock Unveils Bitcoin ETP in Europe: What This Means for Investors Find Out How New Crypto Laws in Kentucky & Arizona Impact Investors and Bitcoin Source: WatcherGuru Kentucky Enacts “Bitcoin Rights” Protection Kentucky Governor Andy Beshear signed House Bill 701, also known as the “Bitcoin Rights” bill, into law on March 24. This crypto investment bills package received unanimous support, with all 91 representatives and all 37 senators voting in favor of the measure. Source: Kentucky General Assembly The Satoshi Action Fund said in a March 24 statement to X: “[The bi...

Bitcoin’s ETP presence in Europe marks a major milestone as BlackRock, the world’s largest asset manager, has now launched its physical Bitcoin ETP for European investors. This development follows their highly successful US Bitcoin ETF that has already attracted well over $50 billion in assets, showing growing institutional interest in digital assets right now. JUST IN: BlackRock launches Bitcoin ETP in Europe. — Watcher.Guru (@WatcherGuru) March 25, 2025 Also Read: Solana: Can $5000 Worth Of SOL Become $500,000 By 2030? Exploring the Benefits and Risks of BlackRock’s Bitcoin ETP for Investors Source: The Block The iShares Bitcoin ETP (IB1T) gives investors easier Bitcoin exposure without the hassle of direct cryptocurrency trading and storage. This Bitcoin ETP for investors is domiciled in Switzerland with actual Bitcoin held in Coinbase cold storage, and furthermore, it has already begun trading on Deutsche Boerse, Euronext Paris, and also Euronext Amsterdam. Strate...