Invest ideasNews
12 Apr 2026, 19:00
Hyperliquid struggles near $41: Why HYPE’s recovery depends on demand
Whale conviction is holding the move, but without broader demand, momentum risks stalling under growing leverage pressure.
12 Apr 2026, 18:52
Aave governance overhaul: $140M revenue shift to DAO treasury with AWW
🔔 Aave’s $140M+ annual revenue flows directly to its DAO after AWW vote. All product and swap income now benefits AAVE token holders. Continue Reading: Aave governance overhaul: $140M revenue shift to DAO treasury with AWW The post Aave governance overhaul: $140M revenue shift to DAO treasury with AWW appeared first on COINTURK NEWS .
12 Apr 2026, 18:50
Bittensor faces crisis after Covenant AI’s departure from the network wiped around 25% off TAO’s price in 24 hours
Bittensor is trying to rebuild investor confidence following one of the most damaging internal scuffles in the decentralized artificial intelligence sector’s short history. Ironically, it plans on rectifying the challenges by launching a recovery plan that was drafted by the very man who just walked out the network’s door. Jacob Steeves, co-founder of the network, shared the above information in an extended statement that is also seen as a response to Samuel Dare’s announcement of the departure of subnet developer Covenant AI from the Bittensor network. Bittensor’s native token, TAO, lost about a quarter of its value in under 24 hours, following Dare, who is Covenant AI’s founder, publishing a scathing public statement accusing Steeves of running a centralized operation behind a decentralized facade . What drove one of crypto’s most prominent AI builders to the exit? Covenant AI operated three subnets in Bittensor’s network and delivered the Covenant-72B, which many in the decentralized AI sector considered a landmark achievement. Covenant-72B is a 72-billion-parameter language model trained permissionlessly across more than 70 independent contributors on commodity hardware. In his April 10 statement, Dare alleged that Steeves had suspended emissions to Covenant AI’s subnets, overridden the team’s moderation authority over its own community channels, unilaterally deprecated its subnet infrastructure, and applied economic pressure through large, timed token sales. He criticized Bittensor’s governance, alleging that it is not decentralized as portrayed. Dare wrote, “Bittensor operates a triumvirate structure, three individuals who manage the multisig for network upgrades, presented to the community as distributed governance. It is not. It is decentralization theater.” Dare added, “Jacob Steeves maintains effective control over the triumvirate, resists any meaningful transfer of authority, and deploys changes unilaterally whenever he chooses, without process and without consensus. The individuals involved serve as legal shields, people who can be held accountable and sued while he remains insulated.” Dare’s comments triggered an immediate sell-off, compounded by reports that Covenant AI had itself offloaded around 37,000 TAO tokens, worth more than $10 million, prompting accusations of a coordinated exit at retail investors’ expense. How badly did the drama damage TAO and Bittensor’s institutional standing? The market has not reacted favorably to TAO , which dropped from the $337 range to a low of $254 within 12 hours, a decline of over 25%. The token has since come up a bit, trading around $261 as of the time of writing. The episode arrived at a particularly delicate moment for Bittensor’s institutional narrative. Just days before the crisis broke, asset manager Grayscale had filed an amendment to its S-1 registration statement with the US Securities and Exchange Commission, advancing its effort to convert its over-the-counter Bittensor Trust (GTAO) into a listed spot exchange-traded fund. However, with the latest development, that institutional momentum now faces a more skeptical audience. GTAO is currently trading at $9.20, a decline of over 12.5% as of the close of trading on April 10. Can a proposal built by the man who just left save the network? Steeves’ recovery plan is based on a feature called Locked Stake. The mechanism would introduce a time dimension to token ownership on Bittensor. Subnet owners would be able to lock their holdings for a defined period, making the combination of stake size and remaining lock duration a new, publicly legible measure of commitment. In his statement, Steeves wrote that Locked Stake was among the last pieces of work Dare completed before departing the Opentensor Foundation, adding that his failure to implement it sooner was his “real error,” suggesting that the mechanism might have prevented this 25% value drop. On the network’s operational continuity, Steeves said members of the mining community, and potentially former Covenant team members, are already organizing to sustain work on subnets 3, 39 and 81. Steeves added that the governance proposal will be put to the community at Bittensor’s next open Thursday call on its Discord server. If you're reading this, you’re already ahead. Stay there with our newsletter .
12 Apr 2026, 18:48
China Faces Immediate 50% Tariffs if Caught Arming Iran, Trump Says
U.S. President Donald Trump said Sunday that China would face a 50% tariff on all goods exported to the United States if Beijing is caught supplying weapons to Iran during the ongoing ceasefire. Key Takeaways: Trump told Fox News on April 12 that China faces a 50% tariff if Beijing supplies weapons to Iran during
12 Apr 2026, 18:15
TRON founder Justin Sun claims he is the “largest victim” of World Liberty Financial (WLFI)
TRON founder, Justin Sun, has accused Trump’s World Liberty Financial of embedding a trap in its code that permits the arbitrary freezing, restricting or confiscating the property rights of any token holder. Sun claims he has been a victim of the trap, alleging that his wallet was frozen back in 2025. Sun’s comments pile on as lawmakers investigate Trump’s upcoming gala, sharing concerns about political access being bought. What is Justin Sun criticizing WLFI’s code? Justin Sun, the founder of the TRON blockchain (TRX), has publicly turned against World Liberty Financial (WLFI), a DeFi project associated with the Trump family. In a series of posts on X, Sun alleged that WLFI’s smart contract contains a hidden “backdoor blacklist function” that gives the WLFI team unilateral power. He claims they can freeze, restrict, or confiscate the property rights of any token holder “without notice, without reason, and without any avenue for recourse.” The investor stated that this feature was never disclosed to him or other backers when he invested. He emphasized that this mechanism turns the platform into a trap for retail investors and claims he is the “first and largest victim” of this practice. He alleges that his personal WLFI token wallet was illegally blacklisted by the project as early as 2025. According to a previous Cryptopolitan report , Sun’s assets were blacklisted in September after he transferred roughly $9 million in WLFI tokens. Furthermore, Sun accused the “bad actors” running the project of holding fake community votes where outcomes have already been decided, and key information is withheld from voters. He stated that the project’s leaders only represent “the will of those who designed them,” not the community. “The WLFI team’s actions are eroding the community’s trust in the project. Unlock the tokens. Uphold transparency to the community.” Sun wrote . Trump token prices crash Amid these allegations, Trump-associated crypto assets are facing severe declines. The WLFI token , for instance, has plummeted nearly 65% from its peak in September 2025. The token is currently trading near $0.079. Cryptopolitan reported that the Official Trump memecoin (TRUMP) is in an even worse position, facing a steep decline from its January 2025 peak of around $49 to a current price of approximately $2.83. The latest World Liberty Financial price crash is linked to controversy surrounding how WLFI manages its treasury. On-chain data revealed that the project borrowed roughly $75 million in stablecoins using its own WLFI tokens as collateral on the Dolomite lending protocol. Critics call this “circular financing.” WLFI’s actions have raised concerns that if the token’s price drops further, it could potentially collapse the protocol’s stablecoin pools. Data shows that WLFI’s activity currently makes up 55% of Dolomite’s total value locked, creating a massive concentration risk. Democratic lawmakers like Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff are also investigating Trump, but rather than his finances, they have sent letters demanding information regarding his upcoming “Gala” for token holders scheduled for April 25 at Mar-a-Lago. The lawmakers are concerned that the event, which offers exclusive access to the President for top-tier token holders, is simply a way for wealthy crypto investors to buy political access and influence certain decisions. Following its decline and Sun’s damning allegations, the WLFI team has announced plans to organize a vote next week. The team is proposing a phased token unlock in an attempt to appease early buyers who are currently locked out of their funds. The smartest crypto minds already read our newsletter. Want in? Join them .
12 Apr 2026, 18:02
XRP Price Prediction: History Often Serves As a Good Teacher
A video circulating on X has put one of crypto’s more dramatic XRP price predictions back in the spotlight. Eri (@sentosumosaba) posted the clip alongside a pointed caption: “History often serves as a good teacher.” The video showed that Jimmy Vallee, Managing Director of Valhil Capital, had blocked her on the platform. The clip featured a 2021 interview with Vallee. His predictions were striking. He told an interviewer he believed XRP would “immediately shoot up to $10, potentially $20” once the SEC lawsuit ended. He went further. If central banks adopted XRP as a global bridge currency, he said the price would settle “somewhere between $10,000 and $35,000 a coin .” History often serves as a good teacher. #XRPpricepredictions pic.twitter.com/RCkyThN7os — Eri ~ Carpe Diem (@sentosumosaba) April 11, 2026 The Timeline Since the Prediction In 2021, Vallee expressed confidence that the SEC lawsuit would be resolved within a quarter. It did not. Instead, the case ran until 2025. A significant milestone came in 2023, when the court ruled XRP was not a security. The case briefly concluded in 2024, but both parties filed appeals. A final resolution only came in 2025, when both parties agreed to drop their appeals . XRP did experience a major rally in late 2024, surging roughly 500% and crossing $3. It reached an all-time high of $3.65 in July 2025 . Since then, it has retraced considerably. It currently trades at $1.36. While those numbers represent meaningful growth from prior levels, they are not close to the $10,000 to $35,000 range Vallee described. The Human Cost of Misplaced Expectations Eri’s post carried a follow-up statement that added significant weight to the conversation. She pointed to thousands of comments left on her YouTube videos since 2018, from people who had gone all in on these predictions, purchasing more than they could afford. She stated that those expectations eventually turned into anger. That statement puts a human dimension on what might otherwise read as a straightforward case of an inaccurate forecast. Retail investors made financial decisions based on projections with high confidence . The predictions came with specific numbers, specific timelines, and specific scenarios. However, Vallee’s predictions have not materialized, leaving many investors stranded. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What This Moment Reveals Vallee’s 2021 prediction rested on a chain of conditions, including swift legal resolution, central bank adoption, and XRP becoming a global reserve asset. Each condition was presented as plausible, but none arrived as described. XRP remains a significant asset. Its legal clarity , now established, matters for the industry. However, there is a distinction between an asset performing well and reaching five-figure valuations. That distinction carries real weight for anyone who sized their position around the higher figure. 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 XRP Price Prediction: History Often Serves As a Good Teacher appeared first on Times Tabloid .
