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12 Apr 2026, 07:24
Steep sell-off in Trump-linked crypto assets raises fresh scrutiny on digital asset space
A steep sell-off in Trump-linked crypto assets is raising fresh scrutiny across the digital asset space, especially after the TRUMP token suffered a staggering 90% collapse. The concern intensified after data from CoinGecko showed that the Official Trump ($TRUMP) token, a Solana-based meme cryptocurrency backed by the US President, fell to a record low of approximately $2.73 last month and is currently trading at $2.83, down 0.75% in the past 24 hours. Moreover, as earlier reported by Cryptopolitan, the Trump-backed WLFI token has decreased by more than 19% this week, primarily due to complications arising from its multi-million-dollar self-collateralized loans on the Dolomite platform. The WLFI token dropped nearly 75% from its September 2025 peak of about $0.31, while the TRUMP meme coin has plunged by roughly 90% since hitting a high of more than $73 in January 2025. Trump’s involvement in the crypto ecosystem significantly heightens public anxiety Concerning the recent token price declines , Professor Tonya Evans, the Founder and CEO of Advantage Evans Global Regulatory Strategies, stated that, “We thought Sam Bankman-Fried or Gary Gensler were the worst things for the crypto industry, and they were terrible. But it turns out it was someone who surrounds himself with yes-men, takes every bit of value for himself, and quickly bankrupts companies and casinos without facing any consequences.” Democratic lawmakers serving in the United States Senate, including Elizabeth Warren, Richard Blumenthal, and Adam Schiff, also expressed concerns about Trump’s involvement in the crypto ecosystem. Their concerns intensified after he released a public statement about an upcoming gala for token holders scheduled for April 25. According to them, the president misused his influence by providing token holders with exclusive access to him. In an attempt to discover the truth, the three senators wrote a letter to Bill Zanker, the individual behind the introduction of the Trump meme coin, requesting further clarification concerning the objective of the upcoming gala. In the meantime, Ross Gerber, the co-founder, President, and CEO of Gerber Kawasaki Wealth & Investment Management, earlier iss ued a statement expressing his belief that introducing these coins around the inauguration period, followed by a sharp rise in meme tokens, diminished investor engagement in the sector. Gerber explained that, “celebrity-backed meme coins often turn out to be scams or appear like one; either way, regular investors end up losing money while celebrities profit.” According to him, people, deceived by these scams, ultimately suffer losses, as their funds are stolen rather than merely lost. Gerber deemed this situation a critical challenge in the sector. He noted that losing money on meme coins often drives people away from crypto for good. Additionally, he stressed that the Trump administration’s lenient regulatory environment for cryptocurrencies diminishes their appeal to everyday investors. Upcoming gala for token holders sparks heated debate Earlier, analysts observed a rapid price increase in $TRUMP Coin following the announcement of a new project event featuring a keynote address from Trump. This gathering, a Conference & Gala Luncheon, is scheduled to take place at Mar-a-Lago on April 25 this year. The event is aimed at top TRUMP token holders and will follow the same approach as the private dinner the project hosted last year. Moreover, the organizers behind this occasion hinted that invitations to the luncheon are limited to the top 297 qualifying token holders. In addition to the main attendees, the event will feature 18 high-profile participants, dubbed “Superstars,” including Donald Trump, who is expected to attend. The development drew inquiries from reporters seeking further details from the organizers. In response, organizers said the event is designed to deliver exclusive, curated experiences to a select group of participants. As part of these perks, 29 chosen attendees will receive VIP access, including a private tour of the Mar-a-Lago estate. If you're reading this, you’re already ahead. Stay there with our newsletter .
12 Apr 2026, 07:22
The $2K Drop Today Was Just the Beginning: Why This Analyst Says Bitcoin Isn’t Done Crashing
Bitcoin’s weekend price ascent came to a halt hours ago after the peace talks between the US and Iran fell apart, and the asset slipped by over two grand from top to bottom. Meanwhile, a few analysts outlined possible reasons why BTC could be on the verge of a more profound correction. Is BTC Heading South? After yesterday’s bullish article, in which we cited several on-chain reasons that could lead to a price pump, now it’s time for the different and contrasting perspective as noted by a few popular analysts. Ted Pillows, for example, predicted that a reclaim of the $73,000-$74,000 level could give BTC one final push before it reverses to new lows. However, the asset couldn’t even go beyond $74,000 before it slipped to $71,500 over the past 12 hours. In a separate post, he noted that BTC’s ‘electrical cost’ has dropped further to $47,000, and noted that the cryptocurrency has formed a lower floor. Bitcoin “Electrical Cost” has almost dropped to $47,000. $BTC bottom floor is going lower. pic.twitter.com/6uTlNy388J — Ted (@TedPillows) April 10, 2026 Pillows is highly bearish on BTC’s price performance and outlined another chart that “isn’t looking good” for the asset. He compared bitcoin’s moves to software stocks, noting that the two asset classes tend to move along, which could spell trouble for the cryptocurrency. Meanwhile, Crypto Rover outlined a bullish crossover for BTC on the weekly timeframe MACD. However, the analyst claimed this “does NOT mean the bear market bottom is in,” as when it happened twice during the 2022 crash, BTC plunged by 60% and 40%, respectively. The Dark Horse (Again) As with our bullish article, we also need to talk about the big elephant in the room: the war in the Middle East. No matter what on-chain data is showing at the moment, BTC has been predominantly impacted by the developments in the US/Israel vs Iran front, and the past 12 hours only proved that narrative. BTC had climbed from $68,000 to almost $74,000 from Tuesday to Saturday evening after the two-week ceasefire announced by the US and Iran. However, the failure of the peace talks in Pakistan led to an immediate crash of over $2,000 in minutes. As such, it’s expected that bitcoin will continue to follow the developments in the Middle East and its price will be more influenced by Trump’s comments rather than fundamentals, at least for now. The post The $2K Drop Today Was Just the Beginning: Why This Analyst Says Bitcoin Isn’t Done Crashing appeared first on CryptoPotato .
12 Apr 2026, 07:12
Bitcoin eyes $76,000 breakout as market debates fresh bull run
Despite heightened expectations for a downtrend in the cryptocurrency market, some analysts believe Bitcoin and Ethereum are approaching critical thresholds that could spark a new rally. Jordi Visser, recognized for his macroeconomic insights, stated that if current price levels are surpassed, a lasting uptrend could emerge within the year. Continue Reading: Bitcoin eyes $76,000 breakout as market debates fresh bull run The post Bitcoin eyes $76,000 breakout as market debates fresh bull run appeared first on COINTURK NEWS .
12 Apr 2026, 07:02
Developer Predicts Next Major Move for XRP Within the Next 10 Days
A well-known voice in the XRP community has set a precise timeline. Crypto analyst Bird (@Bird_XRPL) posted a technical analysis on XRP recently, stating that a major move is coming within the next 10 days. The chart he shared tells a detailed story. What the Chart Shows At the time of his analysis, XRP traded at $1.3418. The daily chart he shared covers September 2024 through April 2026. The price peaked at an all-time high of $3.65 in July 2025, then entered a prolonged downtrend to $1.3 by late 2025. I think we get the next major move for XRP within the next 10 days. pic.twitter.com/xUuNTudfxJ — Bird (@Bird_XRPL) April 10, 2026 The chart features a horizontal dotted line sitting just above $1.3. This level appears to act as key support. XRP tested this zone multiple times before stabilizing. The analyst also highlighted a symmetrical triangle on the chart, suggesting that XRP’s recent movements could be building up to something big. A green circle marks the current position at the apex of that triangle. This is where compression reaches its peak, and XRP is rapidly approaching the point. Traders watching XRP should note the $1.3 support level. Bird places the expected breakout window within 10 days of his analysis. Potential Target for XRP The triangle pattern is fully formed, and XRP sits at the point of maximum compression. The most recent session opened at $1.3438, reached a high of $1.3508, a low of $1.3405, and closed at $1.3418. That is a range of just $0.0103 for the full day. The dotted support line at approximately $1.3 has held across multiple tests. That level now functions as the base from which a move could launch. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 While Bird did not provide an explicit target, he recently predicted that XRP could hit double-digit levels, with a potential peak of $27 . The triangle Bird drew is a classic continuation or reversal structure. What matters is that the breakout timing aligns with the 10-day window he outlined. The price has respected the upper and lower trendlines throughout the compression phase. The compression itself signals that a directional decision is approaching. The longer the price holds within this tight range near a key support level, the more significant the eventual move tends to be. If XRP breaks out successfully, it could begin the climb toward Bird’s $27 target. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Developer Predicts Next Major Move for XRP Within the Next 10 Days appeared first on Times Tabloid .
12 Apr 2026, 06:43
Ripple Vet Questions NYT Reporter's Satoshi Hunt Proof
Ripple CTO David Schwartz has jumped into the debate over the true identity of Bitcoin creator Satoshi Nakamoto.
12 Apr 2026, 06:41
Ethereum price prediction: sending mixed signals as ETH ETF inflows rise
Ethereum price has risen in the past few days, helped by the ongoing exchange-traded funds (ETF) inflows and the recently announced US-Iran ceasefire. ETH token was trading at $2,220 on Sunday, up by 30% from its lowest level this year. Ethereum price is sending mixed signals The three-day chart shows that Ethereum price is sending mixed signals this year. On the positive side, the coin has formed a large inverted head-and-shoulders pattern, which is a common bullish reversal sign in technical analysis. In this case, it is now in the right shoulder. On the other hand, the coin has formed a bearish flag pattern, which is made up of a vertical line and an ascending channel. It has already completed the formation of the flagpole and is now in the ascending channel. In most cases, this pattern often leads to a strong sell-off. Ethereum has dropped below all moving averages and is below the Supertrend indicator, a common bearish sign. Therefore, if the bearish flag works out, the pair will likely have a strong bearish breakdown, potentially to the year-to-date low of $1,750. A drop below that level will point to more downside, potentially to $1,500. On the other hand, if the inverted head-and-shoulders pattern works out, the coin will likely rebound to the next key resistance level at $3,000. ETH price chart / Source: TradingView Ethereum has some key bullish catalysts but risks remain One key Ethereum catalyst is that American investors bought spot ETH ETFs last week, a sign that they have started to accumulate the token. Spot ETH ETFs added over $187 million in inflows last week after shedding assets in the previous three weeks. These funds now hold nearly $12.96 billion in assets. Meanwhile, Tom Lee has continued to accumulate the token. BitMine, his firm, now holds over 4.8 million in Ethereum tokens, which are now worth over $10.6 billion. It now plans to continue accumulating the token as it seeks to achieve its 6 million tokens. This accumulation has led to a big drop in the supply of supply in exchanges. The supply has dropped to 12.10 million, down from over 17.85 million. Falling exchange supply is a sign that investors are continuing to buy the token. More data shows that the network’s stablecoin supply has jumped to $176 billion, while the transaction volume jumped to over $1.01 trillion. Its stablecoin addresses have jumped to over 6.3 million, a figure that may continue. The main short-term risk that Ethereum faces is that the peace talks between the US and Iran have largely failed, which may lead to high volatility in the market if the war resumes. The other main challenge is the ongoing Hyperliquid growth, which has seen it process more transaction volume than all DEX platforms on Ethereum. The post Ethereum price prediction: sending mixed signals as ETH ETF inflows rise appeared first on Invezz
