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XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend.Onchain and technical data now show that the XRP/USD pair is well-positioned for a breakout toward $3.00.XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP whale accumulation is backXRP’s price has been consolidating between $2.03 and $2.13 since April 14. The daily relative strength index (RSI) remained flat at around 49 over the same period, signaling market indecision.Despite this sideways price action, whale activity paints a promising picture, with onchain data showing large investors took…

Bitcoin may be about to take off as China’s money supply just hit an all-time high. In the past few weeks China’s M2 money supply — which includes cash, savings and liquid deposits — has reached 326 trillion Yuan or $44.7 trillion. This is getting global attention, especially from bitcoin analysts who think it will push the scarce digital asset to the much-awaited $90,000 price. China’ M2 money supply graph — Bitcoin News on X “China’s M2 money supply just hit 326 trillion. The money printers are back on. Risk assets are about to go parabolic,” said analyst Kong Trading.…

Florida’s sweeping gambling reform initiative, House Bill 1467, is progressing through the state legislature, even as it encounters strong resistance from veterans’ groups, horse racing interests, and the amusement industry. Introduced by Republican Representatives John Snyder and Adam Anderson, the bill proposes a series of changes to the state’s gambling laws, including stricter enforcement against illegal gaming, restrictions on former regulators, and the contentious inclusion of racetrack decoupling.A major goal of the legislation is to expand the authority of both the Florida Gaming Control Commission (FGCC) and law enforcement to pursue illegal gambling operations more effectively. Should HB 1467 pass, the…

As gold reached new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the crypto community.“Gold is not just any commodity, it’s money,” Schiff wrote in an X post on April 22 after gold prices briefly broke above $3,500.While praising gold, Schiff sounded the alarm about the state of the economy, emphasizing that gold’s abnormal rally in the past few weeks holds negative implications for the US dollar.Source: Peter Schiff“This is the end of the US dollar’s dominance. Life in America is about to change…

Chatbots and other kinds of AI agents may feel like a dime a dozen these days. But the truth is that, for both businesses and consumers, some may be infinitely more useful (and perhaps less dystopian) than others. Today, a startup that’s built a successful business around that concept is announcing a major growth round to expand its business. Manychat, which provides a tool for managing and automating conversations and engagement across multiple messaging channels, has picked up $140 million in a Series B round led by Summit Partners. The funding is coming on the heels of strong growth for…

Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against global economic disruption.Bitcoin’s (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according to Alex Svanevik, co-founder and CEO of the Nansen crypto intelligence platform.Bitcoin staged a 12% recovery in the two weeks leading up to April 22, despite ongoing tariff escalation between the world’s largest trading nations. The US increased reciprocal tariffs on China to 125% as of…

Bitcoin (BTC) traders see a BTC price reversal beginning as classic resistance stops bulls in their tracks.BTC/USD 1-hour chart. Source: Cointelegraph/TradingView200-day moving average keeps BTC price pinnedData from Cointelegraph Markets Pro and TradingView shows BTC/USD cooling after hitting new April highs of $88,874.Having found strength at the start of the week, Bitcoin raised hopes of a gold copycat move as the latter set multiple all-time highs.Those highs continued on April 22, while BTC price action conversely saw rejection at the key 200-day simple moving average (SMA).“Interesting spot. Broke above the Daily 200EMA (Blue) and diagonal resistance. So far, saw a…

US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend.The 11 Bitcoin (BTC)-tracking funds saw a joint net inflow of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according to CoinGlass data.It’s the largest inflow day for the ETFs since the funds had a $588.1 million joint net inflow on Jan. 30, days after Bitcoin hit a peak and was trading with a six-figure price tag.Total Bitcoin ETF flows since their launch in January 2024.…

Aidan Gomez, the co-founder and CEO of generative AI startup Cohere, has joined the board of EV maker Rivian, according to a regulatory filing. The appointment is the latest sign that Rivian sees promises in applying AI to its own venture while positioning itself as a software leader — and even provider — within the automotive industry. Rivian increased the size of the board and elected Gomez, whose term will expire in 2026, according to the filing. Gomez has had a long career as a data scientist and AI expert. He launched Cohere in 2019 with co-founders Nick Frosst and…

Tue, Apr 22 20252:50 AM EDTJapanese yen strengthens past psychological 140 level against U.S. dollarThe Japanese yen has appreciated beyond the psychological 140 level against the dollar as investors continue to flock to the safe haven currency amid market turmoil.The recent U.S. dollar sell-off has seen safe haven currencies like the Swiss franc and yen strengthen, with the latter appreciating over 10% against the greenback since the start of the year, data from LSEG showed. The last time the yen fell below the 140-level was in September 2024.The bullish case for the yen is particularly noteworthy on the back of…