Tornado29

We often hear a popular saying that fortunes are made in times of crisis. Is this true? And can we make a fortune in these times? We are currently experiencing a crisis and wars that could devastate financial markets and impact many companies and digital currencies. We have heard many people say that during the downturn during the coronavirus pandemic, they made profits and seized the opportunity. For example, what was the price of Bitcoin in 2022? In 2022, prices declined due to regulatory and economic pressures. What was the price of Bitcoin in 2022?

Starting price: $46,298

End price: $16,547

Highest price: $48,086

Lowest price: $15,599

Today's price is $104,000. Will Bitcoin maintain these prices and continue to rise, or will it be affected by wars and political conflicts?
$BTC
#FOMCMeeting

Here’s what happened in crypto today.
SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court falling
The SEC is pulling out of yet another crypto case, filing to dismiss its ongoing litigation against Binance and founder Changpeng Zhao.
The Securities and Exchange Commission on Thursday filed to have its long-running lawsuit against crypto exchange Binance and its founder dropped, a court filing shows.

Wall Street's biggest regulator in 2023 alleged that Binance, its boss Changpeng "CZ" Zhao, and U.S.-based sister company Binance.US offered the sale of unregistered securities, failed to block U.S. users from accessing the main exchange, and commingled customer funds through a "web of deceit."
The SEC's chair at the time, Gary Gensler, alleged in the original lawsuit that Binance "attempted to evade U.S. securities laws by announcing sham controls that they disregarded behind the scenes" in a bid to keep big American investors using the platform.

Binance's CCO at the time was alleged in the lawsuit to have told another Binance compliance officer in December 2018: "We are operating as a fking [sic] unlicensed securities exchange in the USA bro."

"The dismissal of the SEC’s case against Binance is a landmark moment," a Binance spokesperson told Decrypt. "We’re deeply grateful to Chairman Paul Atkins and the Trump administration for recognizing that innovation can’t thrive under regulation by enforcement. The U.S. is back—leading from the front in the future of blockchain.”

The lawsuit is the latest under the aggressively pro-crypto Trump administration to be scrapped.

Under the President Biden-appointed Gensler, the regulator went hard after the crypto industry from 2021-2024. The SEC's main gripe with crypto companies was that they were allegedly selling unregistered securities in the form of digital tokens.

During Gensler's reign, the SEC sued Binance, Kraken, Coinbase, and many other companies in the space.
But since President Trump returned to office, the regulator has adopted a softer approach to the industry, dropping a number of high-profile lawsuits and probes.

President Trump campaigned on a ticket to help the crypto industry and received backing from tech and digital asset business bigwigs—including companies sued by the SEC.

"We are pleased that the SEC fully dismissed its charges against Binance.US, confirming what we have always known—that the company did not violate U.S. securities laws," Binance.US said in a statement shared with Decrypt. "Today’s news is a major milestone for our company, as putting this matter to rest allows us to focus entirely on growing our business and work on restoring our relationships that were impacted by the SEC."
$BNB
#Bitcoin2025

Donald Trump tells Jay Powell Fed is making a ‘mistake’ by not cutting US interest rates
Central bank chair meets president at White House to discuss economic expectations.
The talks between Donald Trump, left, and Jay Powell follow pressure from the US president on the Fed chair to lower interest rates © Carlos Barria/Reuters.
Donald Trump told the head of the Federal Reserve that he was making a “mistake” by not loosening US monetary policy, in their first meeting of Trump’s second term.

Fed chair Jay Powell had been invited by the president to the White House on Thursday to discuss, according to the US central bank, “economic developments including for growth, employment and inflation”.
The talks follow pressure from the president on the Fed chair to lower interest rates in order to blunt the impact of the administration’s trade policies.

Following the private meeting, White House press secretary Karoline Leavitt said Trump told Powell he believed the Fed chair was “making a mistake by not lowering interest rates, which is putting us at an economic disadvantage to China and other countries”.

According to the Fed, Powell “did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook”.

The central bank said in a statement following Thursday’s meeting that Powell told Trump that the chair and his colleagues on the Fed’s interest rate-setting committee “will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective and non-political analysis”.

Trump has in the past considered removing Powell from his post before his term ends in May 2026 — a possibility that has unnerved markets by calling into question the Fed’s independence.

But the president last month said he had “no intention of firing [Powell]” in comments that soothed investors. The Fed has kept its main interest rate steady with a target range between 4.25 per cent and 4.5 per cent since Trump took office for a second time in January.

$BTC
#CEXvsDEX101

Senator Lummis Proposes U.S. Bitcoin Reserve at BTC 2025

What to Know:
Lummis proposes U.S. Bitcoin reserve at Bitcoin 2025.
Plan to acquire 1 million Bitcoin in five years.
Potential major impact on global Bitcoin supply.
Senator Lummis Proposes U.S. Bitcoin Reserve at BTC 2025.

Senator Cynthia Lummis advocated for a strategic U.S. Bitcoin reserve at Bitcoin 2025 in Las Vegas, emphasizing its economic significance.

The proposal could reshape U.S. cryptocurrency policy and influence global Bitcoin supply and market trends.

Lummis Introduces BITCOIN Act of 2025
Senator Cynthia Lummis introduced the BITCOIN Act of 2025, calling for the creation of a strategic U.S. Bitcoin reserve. This initiative was unveiled at the Bitcoin 2025 conference, highlighting its potential to bolster the national economy.
The proposal, endorsed by former President Trump, suggests acquiring up to 1 million Bitcoin over five years. Lummis and political figures like Senators Justice and Blackburn are key supporters of this strategy.
Bitcoin Reserve's Market Impact Explored
Establishing a Bitcoin reserve could significantly impact the market by reducing available Bitcoin supply. The proposal highlights the growing institutional acceptance of Bitcoin as a strategic asset.
Lummis indicated that the reserve could also serve as a hedge against economic issues, including the nation's $36 trillion debt. The plan receives support from military leaders recognizing Bitcoin's potential in economic strength. In her statement, Senator Lummis emphasized: "U.S. military generals are strong advocates for establishing a strategic Bitcoin reserve because they recognize economic strength as being equally important as military power."
U.S. Seizes Opportunity Post-China Crypto Ban
China's Bitcoin mining ban has been positioned as an opportunity for the U.S., suggesting a shift in global crypto leadership. Lummis's proposal builds on earlier legislative efforts from 2024.
Experts predict the plan could lead to economic diversification and competition with other nations. Historical parallels suggest strategic reserves may bolster national economic resilience.
$BTC
#Bitcoin2025

What Exactly is Happening with Bergen County Blockchain?
Bergen County has partnered with Balcony, a firm specializing in land records on the blockchain. The ambitious plan is to migrate 370,000 property deeds onto the Avalanche blockchain network. To put that into perspective, these deeds represent a staggering $240 billion worth of real estate. This move, as reported by CoinDesk, positions Bergen County as a potential leader in integrating distributed ledger technology into government functions.
This project aims to take traditional paper or centralized digital records and place them onto an immutable, transparent, and secure ledger. It’s a step that could have far-reaching implications for property ownership and management in the region.

Why Move Property Deeds to the Blockchain?
The traditional system for managing property deeds and land records can be complex, slow, and prone to errors or potential fraud. Think about the lengthy process of buying or selling a home, involving title searches, escrow, and significant paperwork. By moving property deeds blockchain, Bergen County is looking to leverage the inherent advantages of this technology:
Enhanced Security: Blockchain records are cryptographically secured and extremely difficult to alter once entered. This provides a high level of integrity for official documents like property deeds.
Increased Transparency: While specific personal data might be kept off-chain or encrypted, the transaction history and the existence of a deed can be publicly verifiable on the blockchain ledger (depending on the specific implementation).
Improved Efficiency: Automating certain processes related to record-keeping and verification could significantly speed up transactions and reduce administrative overhead for the county and residents.
Reduced Fraud: The immutable nature of blockchain makes it much harder to forge or tamper with property records.
This initiative represents a forward-thinking approach to modernizing essential government services and potentially setting a precedent for other municipalities.

How Does Real Estate Blockchain Work in Practice?
Putting real estate blockchain isn’t about owning your house with an NFT (at least, not yet!). In this context, it’s about using the blockchain as a secure, shared database for official records. Here’s a simplified view:
When a property transaction occurs (sale, transfer, mortgage), the official deed information is digitized.
This digital record (or a unique identifier/hash of the record) is then securely anchored onto the blockchain ledger via Balcony’s platform.
Each entry is timestamped and linked to the previous one, creating an unbroken, verifiable chain.
Anyone with access to the network can verify the existence and history of the record without needing to trust a single central authority (though the county remains the official source).
The choice of the Avalanche blockchain is also notable. Avalanche is known for its speed, scalability, and relatively low transaction costs compared to some other networks, making it a suitable choice for handling a large volume of records and potential future activity.
What Are the Potential Benefits for Residents and the County?
This move isn’t just a technical upgrade; it has practical benefits:

For Residents: Potentially faster and more transparent property transactions. Increased confidence in the security and accuracy of official property records.
For Bergen County: Streamlined administrative processes, reduced costs associated with managing physical or legacy digital records, enhanced security against data breaches or tampering, and improved public access to non-sensitive record information.
For the Real Estate Industry: Could pave the way for faster title searches, more efficient closing processes, and potentially new ways of managing property-related data.
This project serves as a tangible example of how blockchain technology can move beyond cryptocurrency speculation and be applied to real-world governmental and administrative functions.

Are There Challenges to Implementing Property Deeds on Blockchain?
While the benefits are clear, transitioning to a property deeds blockchain system isn’t without its hurdles:
Legal Framework: Does state law recognize a blockchain record as the official, legal deed? This often requires updates to existing statutes.
Integration Complexity: Connecting the new blockchain system with existing county databases and workflows can be technically challenging.
Data Privacy: Ensuring sensitive personal information is handled according to privacy regulations while still leveraging the transparency of blockchain.
Adoption and Education: County staff, real estate professionals, and the public need to understand how the new system works.
Long-term Maintenance: Ensuring the blockchain infrastructure remains secure and accessible for decades to come.
Bergen County and Balcony will need to navigate these challenges carefully to ensure a successful and compliant implementation.

What Does This Mean for the Future of Real Estate and Government Records?
The Bergen County initiative could be a significant case study. If successful, it could inspire other counties and states to explore similar applications of real estate blockchain. Imagine a future where property records across the country are easily verifiable and securely stored on distributed ledgers, drastically simplifying interstate transactions and reducing administrative burdens.
This project highlights a growing trend: governments exploring blockchain for various uses, from supply chain tracking to digital identity and now, land records. The choice of the Avalanche blockchain for such a large-scale governmental use case also underscores the increasing maturity and adoption of specific blockchain networks for enterprise and public sector applications.

Conclusion: A Bold Step Forward
Bergen County’s decision to place 370,000 property deeds representing $240 billion onto the Avalanche blockchain is a bold and potentially transformative step. It demonstrates a willingness to embrace innovative blockchain technology to improve efficiency, security, and transparency in a critical government function. While challenges remain, the potential benefits for residents, the county, and the broader real estate sector are substantial. This project is a compelling example of how blockchain can move from theoretical potential to practical application in the public sector, setting a precedent for the future of digital record-keeping.
$AVAX
#BinanceHODLerSOPH

Open interest jumps 20% to $3.89B in 24 hours.
RSI climbs to 58, signalling bullish momentum.
Risk remains if XRP loses $2.00 key support level.
Ripple’s XRP is gaining traction again, climbing steadily above the $2.00 mark after a volatile start to April. As of Wednesday, the token was trading at $2.26, buoyed by a renewed wave of risk appetite across crypto markets.

The upswing aligns with a broader shift in macroeconomic sentiment, driven in part by President Donald Trump’s softened stance on Federal Reserve Chair Jerome Powell and a fresh call for rate cuts.

The President’s pivot has sent ripples across asset classes, including Bitcoin, Ethereum, and Solana—bringing renewed optimism to the altcoin sector, with XRP front and centre.

Trump’s Fed policy pivot lifts risk sentiment
US President Donald Trump’s recent remarks—clarifying he has no intention of removing Fed Chair Jerome Powell—helped calm investor nerves.

Trump’s earlier criticism, which accused Powell of being slow to cut rates, had fuelled speculation of a shake-up at the central bank.

However, on Tuesday, Trump told reporters that the media had exaggerated his stance, stating, “Never did. The press runs away with things.”

Despite standing by his earlier concerns, Trump’s softened tone came alongside a renewed push for the Fed to lower interest rates.

That aligns with ongoing discussions around tariff negotiations, with the administration reportedly aiming for a temporary deal with China in the short term, followed by a comprehensive agreement within two years.

Markets responded positively. Bitcoin, Ethereum, and Solana posted intraday gains, reflecting the return of risk-on appetite. XRP also capitalised on the moment, continuing its uptrend and gaining technical strength near its short-term resistance levels.

XRP climbs above key moving averages
XRP’s price is holding firm around $2.22–$2.26, bolstered by support from both the 50-day and 100-day Exponential Moving Averages.

These indicators have acted as a confluence resistance zone, but XRP’s consistent testing of this level points to an attempt at a sustained breakout.

Momentum indicators are confirming the bullish bias. The Relative Strength Index (RSI) rose above 58 at the time of writing, heading towards overbought territory.

A continuation of this trend could allow XRP to challenge the descending trendline and make a run for the $3.00 psychological resistance.

Open interest and liquidations suggest trader confidence
XRP’s derivatives market data shows a clear tilt towards bullish positioning. According to Coinglass, open interest surged by over 20% in the past 24 hours to reach $3.89 billion.

That uptick confirms a renewed interest in the asset, with short positions liquidated to the tune of $8.46 million—vastly outpacing the $2.63 million in long liquidations.

The long-to-short ratio stood at 1.0243, indicating more traders are betting on continued upside.

Such a surge in leverage often raises the potential for short-term corrections. If profit-taking follows, XRP could revisit support levels. A confirmed close above the 50 and 100-day EMAs would be necessary to validate a longer-term breakout.

Caution if XRP slips below $2.00 support

If the bullish momentum stalls, XRP risks falling back toward its next key support level at $2.00. A break below this zone could invite further declines, potentially targeting the 200-day EMA around $0.96 and the $1.80 demand zone.

These levels remain crucial for maintaining XRP’s broader uptrend structure.

With macroeconomic sentiment shifting and Trump’s messaging turning less combative, XRP appears well-positioned to benefit from increased risk appetite in the short term.

However, confirmation through price action and technical closes above resistance will be essential before any sustainable push to 3.00 dollars.
#CryptoMarketCapBackTo$3T
$XRP

How Will the Funds Be Utilized?
The raised capital will primarily focus on acquiring SOL tokens and boosting validator activities within the Solana ecosystem. Initially, a portion of $20 million is earmarked to be formalized through a partnership with a New York-based private equity firm by the upcoming May 1 deadline.
Is Nasdaq Transition Part of a Bigger Plan?
Indeed, Sol Strategies is not only keen on investment but also on enhancing its presence. The firm has initiated its transition to the Nasdaq stock exchange, aligning itself with the recent trend of cryptocurrency companies gaining Nasdaq listings.

An interesting aspect of the financing is the structure—yields from the convertible bonds will depend on staking revenues derived from SOL tokens. This approach allows the company to engage actively as a validator in the Solana network while managing debt through staking returns.
CEO Leah Wald highlights that this financing model provides an exceptional opportunity for returns while bolstering the company’s balance sheet. Wald asserts that every dollar invested has the potential for immediate benefits, presenting an innovative and scalable approach.

In recent developments, Sol Strategies has expanded its influence by acquiring three validator operations, drastically increasing the amount of staked SOL to over 3.3 million tokens, valued around $500 million. The company’s own holdings include over 267,000 SOL tokens, amounting to nearly $40 million.

Sol Strategies’ unique financing structure not only sets the stage for financial advancement but also operational growth within the cryptocurrency industry. The scalable model promises direct returns, potentially shifting the competitive landscape significantly.

Key points from Sol Strategies’ recent developments include:

Funding of up to $500 million through convertible bonds.
Focus on acquiring SOL tokens and validator activities.
Transitioning to Nasdaq to connect with U.S. investors.
Increased staked SOL to over 3.3 million tokens.
Innovative financing structure aimed at immediate returns.
With an eye on growth, Sol Strategies is steadily moving forward, adapting successful treasury models to explore opportunities in alternative networks like Solana.
#MarketRebound
$SOL