Invest ideasNews
24 Apr 2026, 21:30
XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means
XRP has been consolidating since early February, building a base that has tested the patience of bulls who have been waiting for a decisive move to higher levels. The market has reached a pivotal moment — and a CryptoQuant report identifies a structural split in the data that changes how we should interpret the current consolidation. Related Reading: Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying The report reveals a divergence that cuts through the surface noise. XRP’s spot market and futures market are currently telling contradictory stories. Across centralized exchanges, spot buying has been strengthening continuously — the All CEX Estimated Spot CVD has risen from $1.08 billion on April 2 to $1.39 billion by April 24, a $310 million increase in real, underlying demand over three weeks. Actual coins are changing hands, and the buyers are winning the order flow. The futures market on Binance is pointing in the opposite direction. Perpetual traders have remained on the bearish side throughout this period. Maintaining net short positioning that creates the appearance of a market lacking conviction. The analysis argues that appearance is misleading. The futures weakness does not reflect an absence of real demand — it reflects a derivatives reset, a clearing of leveraged long excess that was accumulated during previous rallies. Beneath that reset, spot buyers have been quietly absorbing supply the entire time. The divergence is the signal. Which side of it proves correct is the question the next directional move will answer. The Futures Market Is Not Bearish. It Is Being Cleaned. The scale of the futures divergence gives the current setup its structural definition. While spot CVD has climbed $310 million to the positive side, Binance Perpetual CVD has moved in the opposite direction with almost identical force — dropping from -$65 million on March 19 to approximately -$392 million by April 24, a deepening of net selling pressure by roughly $327 million. Two forces of nearly equal magnitude are pulling in opposite directions simultaneously. The perpetual data requires careful interpretation. Futures net selling of this scale can mean one of two things: genuine bearish conviction from informed participants, or a mechanical clearing of excess leverage from a market that had accumulated too many crowded longs. The liquidation data since April 18 clarifies which is happening. Long liquidations have dominated XRP’s derivatives activity — forced exits from overleveraged positions rather than deliberate short-side bets against the asset. That distinction changes everything. Each long liquidation removes a fragile position from the market and replaces it with a more stable price structure. The fresh short positioning that followed is contributing to funding rates normalizing toward neutral, which is precisely what a healthy derivatives reset looks like before a market attempts to move higher. What the CryptoQuant report describes is not a market under sustained bearish assault. It is a market conducting the internal cleanup that typically precedes the next directional leg. Spot buyers are absorbing supply on one side. Derivatives are flushing excess leverage on the other. When both processes complete, the structure that remains tends to be considerably more durable than the one that existed before the reset began. Related Reading: DeFi Just Lost $15 Billion in Three Days. Something Deeper Than a Hack Is Behind It XRP Holds Range Support as Market Compresses Toward Decision Point XRP continues to consolidate around the $1.40 level, with price action reflecting a prolonged equilibrium following the sharp February breakdown. The chart shows a clear shift from trending behavior to range-bound structure, with XRP holding between roughly $1.30 support and $1.50 resistance for several weeks. This compression phase suggests that both buyers and sellers are absorbing liquidity without establishing directional control. The recent bounce from the $1.30–$1.35 zone is technically relevant. That area has acted as a consistent demand region, with multiple tests holding despite broader market volatility. The formation of slightly higher lows since mid-March indicates early accumulation, though not yet strong enough to break the broader downtrend. Related Reading: Another $142M Staked – Bitmine Tightens Its Grip on Ethereum Supply Overhead, resistance remains well-defined. The 50-day and 100-day moving averages are both trending downward and converging near the $1.50–$1.60 region, creating a dynamic ceiling that has rejected recent upside attempts. Until XRP reclaims this zone, the structure remains neutral-to-bearish on higher timeframes. Volume has declined throughout the consolidation, reinforcing the idea of a market waiting for a catalyst. A breakout above $1.50 would likely trigger expansion toward $1.70. Failure to hold $1.30, however, would expose XRP to a deeper retrace toward the $1.10 region. Featured image from ChatGPT, chart from TradingView.com
24 Apr 2026, 21:28
Dogecoin ETF assets stay at $11.19 million as weekly close nears
🚨 $DOGE ETF assets stayed flat at $11.19 million this week. Prices held steady above the $0.0950 support as the week closed. 🔍 Critical data: Institutional interest remains low, retail traders dominate. Continue Reading: Dogecoin ETF assets stay at $11.19 million as weekly close nears The post Dogecoin ETF assets stay at $11.19 million as weekly close nears appeared first on COINTURK NEWS .
24 Apr 2026, 21:20
Researcher wins 1 BTC bounty for escalating quantum threat timeline
Today, April 24, Giancarlo Lelli, an Italian researcher, was awarded a one-Bitcoin prize after the world’s largest demonstration of the possible quantum attacks elliptic curve keys could face. This type of attack could not only threaten Bitcoin but also Ethereum, leading to a possible loss of more than $2.5 trillion in digital assets protected by elliptic curve cryptography (ECC). Over the last couple of years, there have been speculations about the security risks that quantum computers pose to elliptic curve cryptography. It has been described severally as a theoretical and distant problem, but that reality seems a lot less distant after today’s success. What Lelli actually did Elliptic curve cryptography is the math behind crypto wallets being able to handle user funds without revealing the private keys. To break through it, Lelli made use of Shor’s algorithm alongside a powerful quantum computer to derive the private key from its public key. By using a variant of Shor’s algorithm, Lellii was able to derive the private key across a search gap of 32,767 by targeting the Elliptic Curve Discrete Logarithm Problem (ECDLP). This allowed him access to the mathematical formula that supports the security systems that secure Bitcoin. The most notable part of this accomplishment is the accessibility itself. Project Eleven’s bounty program, launched last year, was created to break elliptic curve keys ranging from 1 to 25 bits by April this year. Lelli was able to achieve this task on cloud-accessible hardware, no special equipment, no institution funding his research, and nothing illegal. He was able to carry out the attack with equipment available to any motivated researcher today. How fast is the gap closing? The last recorded public break was a 6-bit demonstration by Steve Tippeconnic in September 2025 using IBM’s 133-qubit quantum computer. Lelli’s recent accomplishment, however, has expanded that factor by 512 in just seven months. Aside from the practical success, the theoretical aspect is also growing as fast, with Google’s April 2026 whitepaper putting the requirement for a full 256-bit (Bitcoin’s scale) attack at about 500,000 physical qubits, down from the initial estimate of several million. Building on the white paper, a subsequent paper from Caltech and Oratomic brought the number to as low as 10,000 qubits in a neutral-atom architecture. What Lelli’s success signifies is a practical side to the theoretical findings. Proving that the hardware aspect and the theoretical aspect are both moving in the right directions. While the jump from 15 bits to 256 bits still remains large, the possibilities look closer than ever, and could now be only a matter of time Who should be worried? Major users at risk are wallets whose public keys are already on-chain. An estimated 6.9 million Bitcoins are stored in such addresses, including Satoshi Nakamoto’s estimated 1 million Bitcoins, which have been left untouched since the network’s inception. In response to this possible threat, Bitcoin developers have begun reviewing multiple proposals. Cryptopolitan has reported on some solutions, such as BIP-360 , which looks to introduce a quantum-resistant transaction format, while BIP-361 looks to phase out older systems and freeze tokens that fail to migrate. Additionally, an Ethereum post-quantum security team has also been formed in an attempt to find and replace vulnerable parts of the Ethereum crypto network. While many are taking recent developments seriously, a few still believe it to be a fire alarm that people are overreacting to, making Lelli’s result all the more important. His success shows just how much the attack class is progressing, showing that it is moving much faster than we could have predicted. Still letting the bank keep the best part? Watch our free video on being your own bank .
24 Apr 2026, 21:11
xrp sees $34.9 million outflow as price eyes $1.51
🚨 $34.9M worth of $XRP left exchanges in one of 2024’s biggest outflows. XRP held above $1.40 as price eyes $1.51 resistance. 🟡 Critical data: Fed’s April 29 rate decision and tensions with Iran could tip the balance. Continue Reading: xrp sees $34.9 million outflow as price eyes $1.51 The post xrp sees $34.9 million outflow as price eyes $1.51 appeared first on COINTURK NEWS .
24 Apr 2026, 21:10
TRUMP memecoin luncheon attendees revealed: Crypto elite gather at Mar-a-Lago for exclusive event
BitcoinWorld TRUMP memecoin luncheon attendees revealed: Crypto elite gather at Mar-a-Lago for exclusive event Key attendees for the upcoming TRUMP memecoin luncheon have been officially revealed, marking a significant convergence of cryptocurrency industry leaders and political power. The event, hosted by U.S. President Donald Trump, is scheduled for April 25 at Mar-a-Lago in Palm Beach, Florida. This exclusive gathering highlights the growing intersection between digital assets and mainstream politics. List of key attendees for TRUMP memecoin luncheon The list of confirmed participants includes some of the most influential figures in the crypto space. Among them are Paolo Ardoino, CEO of Tether, and Cathie Wood, founder of Ark Invest. These leaders represent a broad spectrum of the industry, from stablecoin issuers to venture capital firms. The event is limited to 297 participants, with eligibility determined by the ranking of TRUMP token holdings. Other notable attendees include Song Chi-hyung, Chairman of Dunamu, the company behind the South Korean exchange Upbit, and Joey Krug, Partner at Founders Fund. Zhu Xiaoxiao, head of Jupiter, a major DeFi platform on Solana, will also be present. Arianna Simpson, General Partner at a16z Crypto, and Tim Draper, founder of Draper Venture Network, add further weight to the guest list. Nikil Viswanathan, co-founder of Alchemy, a leading blockchain infrastructure provider, and Lee Seung-yoon, co-founder of Story Protocol, are also attending. Mike Alfred, founder of Alpine Fox, and Aaron Weaver, head of Molecule, a biotech-focused DAO, round out the diverse group. Anthony Pompliano, CEO of ProCapFinancial, Nathan McCauley, CEO of Anchorage Digital, and Luke Martin, a well-known crypto trader and analyst, complete the list of high-profile participants. Exclusive nature of the Trump crypto event The TRUMP memecoin luncheon is not a public affair. Only the top holders of the TRUMP token received invitations. This ranking system ensures that only the most committed investors and influential figures can attend. The venue, Mar-a-Lago, adds a layer of prestige and political significance to the event. This private club has become a central hub for Trump’s post-presidential activities and business ventures. For the crypto industry, this event represents a rare opportunity to engage directly with a sitting U.S. president. The guest list includes leaders from exchanges, venture capital, infrastructure, and DeFi. This diversity suggests that the luncheon will cover a wide range of topics, from regulatory frameworks to blockchain innovation. The exclusivity of the event also underscores the growing importance of memecoins as a tool for community building and political engagement. Justin Sun’s uncertain attendance One notable figure whose attendance remains uncertain is Justin Sun, founder of Tron (TRX). According to reports from Cointelegraph, Sun is on the leaderboard for TRUMP holdings, which would normally qualify him for an invitation. However, he has filed a lawsuit against the World Liberty Financial (WLFI) team, a Trump family-affiliated crypto business. Sun is a major Trump supporter and has invested heavily in WLFI. The lawsuit alleges abuse of token authority, creating a complex dynamic for his potential participation. Sun’s situation highlights the legal and personal entanglements that can arise in the crypto-political sphere. His attendance could signal a resolution or at least a temporary truce. Conversely, his absence might indicate deeper divisions. Either way, his status adds a layer of intrigue to the event. The outcome could influence market sentiment around both TRUMP and TRX tokens. Broader implications for the crypto market The TRUMP memecoin luncheon is more than a social gathering. It signals a maturing relationship between digital assets and political power. For years, crypto advocates have sought legitimacy and clear regulation. An event like this, hosted by the president, provides a platform for direct dialogue. The attendees include key decision-makers who can shape policy and investment trends. Market analysts are watching closely. The TRUMP token itself has seen volatility since the announcement. Prices surged on news of the event but have since stabilized. The presence of figures like Cathie Wood and Tim Draper could boost investor confidence. Their track records in identifying disruptive technologies lend credibility to the memecoin space. However, skeptics warn that such events may be more about publicity than substance. For the broader crypto ecosystem, the luncheon represents a milestone. It demonstrates that memecoins, often dismissed as frivolous, can attract serious attention. The involvement of institutional investors and venture capitalists suggests a shift in perception. If successful, this event could pave the way for similar gatherings tied to other tokens or projects. Expert analysis and industry reactions Industry experts have offered mixed reactions to the guest list. Some see it as a positive step toward mainstream acceptance. Others worry about the concentration of power among a few wealthy individuals. The event’s exclusivity raises questions about fairness and access. Critics argue that memecoins should be decentralized, not tied to political figures or elite gatherings. Proponents counter that the luncheon is a natural evolution of the crypto space. They point out that Bitcoin and other assets have long been associated with influential conferences and private events. The key is transparency and clear communication. The Trump team has not disclosed the agenda for the luncheon, but attendees are expected to discuss regulatory issues, blockchain innovation, and future collaborations. Legal experts are also weighing in. The involvement of a sitting president in a memecoin event raises ethical considerations. Campaign finance laws and conflict of interest rules may apply. However, the event is framed as a private gathering, not an official government function. This distinction could shield it from legal challenges. Still, the optics are noteworthy, especially given Trump’s history with business and politics. Timeline and logistics of the Mar-a-Lago event The luncheon is scheduled for April 25, 2025, at Mar-a-Lago. Invitations were sent out in early April based on TRUMP token holdings. The exact criteria for ranking have not been disclosed, but sources suggest that top 297 holders were selected. Security will be tight, given the high-profile nature of the attendees and the venue. Mar-a-Lago has hosted numerous political and business events since Trump’s presidency. Its ballrooms and gardens provide a luxurious setting for such gatherings. The event is expected to last several hours, with networking opportunities and formal discussions. Media access will be limited, but official statements may follow. The Trump team has not confirmed whether the event will be live-streamed or recorded. For attendees, the luncheon offers a chance to network with peers and engage with the president. Many are likely to use the opportunity to advocate for favorable crypto policies. The timing is critical, as the U.S. Congress is considering several bills related to digital assets. Direct access to the White House could influence legislative outcomes. Conclusion The revelation of key attendees for the TRUMP memecoin luncheon underscores the deepening ties between cryptocurrency and political power. With figures like Paolo Ardoino, Cathie Wood, and Tim Draper present, the event represents a significant moment for the industry. The exclusive nature of the gathering, limited to top TRUMP token holders, adds an element of prestige and urgency. As the crypto market continues to evolve, events like this will shape its trajectory. The TRUMP memecoin luncheon is not just a meal; it is a statement about the future of digital assets in the political landscape. FAQs Q1: What is the TRUMP memecoin luncheon? The TRUMP memecoin luncheon is an exclusive event hosted by U.S. President Donald Trump at Mar-a-Lago. It is limited to the top 297 holders of the TRUMP token, featuring key crypto industry figures. Q2: Who are the key attendees for the TRUMP memecoin luncheon? Notable attendees include Paolo Ardoino (Tether CEO), Cathie Wood (Ark Invest), Tim Draper (Draper Venture Network), and others from major crypto firms and venture capital. Q3: Why is Justin Sun’s attendance uncertain? Justin Sun, a major TRUMP token holder, has filed a lawsuit against the World Liberty Financial team, which is affiliated with the Trump family. This legal dispute makes his participation unclear. Q4: How are attendees selected for the event? Attendees are selected based on their ranking of TRUMP token holdings. The top 297 holders receive invitations, ensuring only the most committed investors can attend. Q5: What are the broader implications of this event for crypto? The event signals a growing relationship between digital assets and political power. It could influence regulatory discussions and boost the legitimacy of memecoins in the mainstream market. This post TRUMP memecoin luncheon attendees revealed: Crypto elite gather at Mar-a-Lago for exclusive event first appeared on BitcoinWorld .
24 Apr 2026, 21:10
Bitcoin Tests $80K While Market Waits for Clear Direction
