Bitcoin officially destroyed its major psychological milestone, the $90,000 mark. Many traders and investors wonder if they can hold this level, but some analysts have seen this breakout come. Tools like Market Cipher showed bullish patterns on their weekly charts. Currently, we have an eye in the $88,000 support zone to confirm sustainability.
Gold is also rising sharply, hitting an all-time high amid ongoing geopolitical tensions between the US and China over tariffs and trade transactions. Some argue that gold gatherings help push Bitcoin, but I think Bitcoin was pumped on its own.
On April 21st, Coinbase Derivatives Platform launched two XRP futures products. Contracts, one standard (10,000 XRP) and one Nano (500 XRP) are cash-defined and benchmarked by the MarketVector Coinbase XRP index. These launches were approved by the CFTC earlier this month thanks to Trump’s code-friendly US administration.
Ripple’s ecosystem is also growing especially in Defi. Backed by Ripple, the new RLUSD Stablecoin, which works with both XRPL and Ethereum, is currently integrated into Ethereum’s Aave V3. Although current use, with a $50 million supply and $5 million borrowing, is modest, Stablecoin has already reached a market capitalization of $294 million since its launch in December.
Other Altcoin News apparently used Goala Games (Gala) for the White House digital Easter egg hunt.
Hedera (HBAR) is moving forward with AI with the launch of agent-to-agent communications via the OpenConvai portal by Moonscape Labs. Currently living in Hedera’s testnet, offering a unified directory of ChatGpt-style interactions, monetization-enabled agents, and registered AI agents.
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In the news of the regulations, Paul Atkins was sworn in as chairman of the 34th second. A longtime defender of transparency and regulatory consistency, Atkins is expected to replace Gary Gensler and introduce more custody policies and laws. (It will be displayed)
Michael Saylor made another headline this week. MicroStrategy acquired 6,556 BTC (valued at its current price of $555.8 million) for an average price of $84,770. The company currently owns 2.7% of the total supply of Bitcoin, accounting for 77% of all BTC held by public companies.
Finally, Ethereum co-founder Vitalik Buterin came to mind replacing EVM with RISC-V to improve scalability and reduce on-chain costs by up to 100 times. This upgrade will remain EVM compatible and allow interpreters to translate contracts. This is a move that has already been investigated by other blockchains like Polkadot.