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"Bitcoin Just Hit $87K — Bulls Now Eye a Breakout to $92K!"

The Crypto Basic

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#Bitcoin has reclaimed $87K and is now targeting $92K, fueled by hype surrounding Michael Saylor and a surge in derivative market activity. 

Read more on: https://thecryptobasic.com/2025/04/21/bitcoin-tops-87k-bulls-anticipate-breakout-rally-to-92k/
#CryptoNewsCommunity 

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"Cardano Just Broke Out — Is $1.40 Next for ADA After This Bullish Chart Pattern?"

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#Ripple CEO Brad Garlinghouse reacts to the upcoming launch of XRP futures on CME Group’s trading platform, suggesting that the launch is long overdue. In a statement yesterday, the Ripple CEO acknowledged the delay in launching XRP futures, noting that the product is ‘overdue in a bunch of ways.’ This suggests that although XRP has existed since 2012 and has recorded increased volumes, derivative marketplaces like CME Group have stalled in launching future products for the coin. Despite this delay, Garlinghouse characterized CME Group’s XRP futures as a crucial step in enhancing the growth of the XRP market. He calls CME Group’s XRP futures incredibly important for XRP growth. The Ripple CEO’s statement suggests that the launch of XRP futures on a Tier-1 derivatives exchange like CME Group could potentially lure professional investors and hedge funds to adopt XRP. The product would also provide a regulated way for investors to gain exposure to XRP, while also laying the groundwork for future offerings like spot ETFs. CME Confirms XRP Futures Launch Garlinghouse’s statement comes a few hours after CME Group confirmed it would launch XRP futures on its trading platform. The Crypto Basic reported that CME Group will launch the XRP futures on May 19, pending regulatory approval from the U.S. CFTC. Notably, the product would give investors indirect exposure to XRP as they can hedge against its future price movement without owning it or creating a blockchain wallet. The CME Group XRP futures come in two separate contract sizes: Micro XRP futures (MXP) and XRP futures (XRP). The XRP futures are designed for institutional players, with a contract size of 50,000 XRP. In contrast, the micro version is suitable for retail investors, boasting a contract size of 2,500 XRP. CME Group’s XRP futures are cash-settled, meaning that investors will receive cash instead of physical XRP once the contract expires. #CryptoNews🚀🔥V

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With the leaderboard shaping up nicely, the Trump Meme team has clarified emerging misconceptions about participating in the draws. The organizers took to X on Thursday to clear the air amid growing backlash from market observers. Some of them include the amount of the TRUMP token one needs to hold to participate and skepticism about token unlock. Trump Meme Team Clarifies Backlash On Wednesday, the Official Trump Meme token announced an event at the Trump National Golf Club in Washington, DC, for 220 top TRUMP holders. The event, slated for late May, will see users compete for a place in the gala dinner between April 24 and May 12, with the top 25 holders receiving extra perks. Meanwhile, the Trump Meme team has identified some misconceptions circulating on X and in the media about the event. One of them is that users must hold at least $300,000 worth of the token to participate in the draws. The organizers clarified that this was wrong, citing the current leaderboard standings. According to the tweet, the highest-ranked is an address, identified as “Sun,” which holds 1,176,803 TRUMP ($14 million). However, the 220th-ranked user on the leaderboard holds just 35.3 TRUMP ($420), suggesting that participation is open to everyone. Furthermore, the team stressed that the speculation that #220 on the blockchain explorer is the cutoff for participation is also false. This is because the ranking includes exchanges, market makers, and people who are not necessarily participating in the event. Additionally, the project paused its daily token unlock, which started this week, for 90 days. The extension would ensure that locked tokens remain locked throughout the dinner meeting with Donald Trump. Justin Sun Joins Race Meanwhile, Tron founder and advisor to the Trump-inspired World Liberty Financials (WLFI), Justin Sun, seems to have joined the race to meet with the 47th US president, further adding to the frenzy. Arkham shared that someone has registered HTX’s cold wallet for the dinner, with Lookonchain suggesting it may be Sun.... #CryptoNewsFlash

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"Shiba Inu About to Skyrocket: Latest Forecast Predicts a Moonshot to $0.0001971"

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The FBI’s Internet Crime Complaint Center (IC3) released its 2024 report, detailing the amount scammers stole via crypto-related scams over the past year. The IC3 marked its 25th anniversary by releasing the 2024 Internet Crime Report yesterday. According to the report, the FBI’s IC3 received a total of 859,532 complaints in 2024, with losses reaching a whopping $16.6 billion. The losses recorded in cyber-enabled crimes in 2024 marked a 33% increase from the figure registered in the previous year. Crypto-Related Losses Out of the total $16.6 billion in losses, $9.32 billion were lost to crypto-related scams in 2024, up 66% from 2023. Overall, victims submitted 149,686 crypto-related complaints to the IC3 in 2024. Individuals aged 60+ were the major victims of crypto fraud. According to the report, these older victims submitted around 33,369 complaints, up 96% from last year’s 16,968 count. Notably, these 60+ victims reported a total loss of $2.84 billion, marking a 71% increase from 2023 losses. Other age groups also suffered significant losses in crypto scams. According to the report, the IC3 received 1,819 complaints from victims under 20, with losses totaling $7.77 million. The 20 – 29, 30 – 39, 40 – 49, and 50 – 59 age groups submitted 13,591, 22,218, 22,555, and 19,317 complaints, respectively. The reported losses for these groups were $370.44 million, $1 billion, $1.46 billion, and $1.18 billion, respectively. Crypto-Related Fraud Trends In terms of fraud trends, the report noted that victims submitted 41,557 complaints relating to crypto investment scams. This investment scam led to a total loss of $5.81 billion, marking an increase of 47% from the previous year. The IC3 also received 10,956 complaints linked to crypto ATM/Kiosks use, with losses reaching $246.7 million. In addition, other trends like extortion and s*xtortion saw around 54,936 complaints, with $33.5 million in losses registered in 2024.. #Crypto

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