Chart of the Week: Meet Crypto's New 'Inverse Cramer'โand the Millions Made Betting Against Him
The latest profitable strategy? Just do the opposite of James Wynn.
James Wynn, a pseudonymous trader on the Hyperliquid exchange, has unexpectedly found himself at the center of a viral trading phenomenon. Dubbed cryptoโs own โInverse Cramer,โ Wynn is gaining notoriety not just for his bold movesโbut for how wrong theyโve been.
For those unfamiliar, Jim Cramer is the bombastic host of CNBCโs Mad Money and a former hedge fund manager whose stock picks have become a meme in trading circles. Over time, many investors noticed a curious trend: some of Cramerโs calls would tank soon after airing. That inspired the idea of doing the exact opposite of his recommendationsโa strategy that became so widespread, an โInverse Cramer ETFโ was created (though later shuttered). The meme, however, lives on.
Now, crypto may have its own version in James Wynn.
Wynn made headlines recently after placing a $1 billion short bet on bitcoinโonly to suffer a $100 million loss. But it wasnโt just the staggering numbers that got people talking. Traders began watching Wynnโs wallet closelyโand doing the opposite of whatever he did.
Blockchain analytics account Lookonchain highlighted the trend on X (formerly Twitter), pointing to one savvy traderโwallet address 0x2258โwhoโs been counter-trading Wynnโs positions. โThe winning strategy lately? Do the opposite of James Wynn,โ Lookonchain wrote, noting that this wallet made around $17 million in one week by taking opposing positions.
According to the data, 0x2258 went long whenever Wynn went short, and short whenever Wynn went longโnetting millions, while Wynn reportedly lost around $98 million during the same period.
While inverse-trading Wynn has proven profitable for now, itโs important to remember the crypto marketโs volatility. These trades can flip fast, and without proper risk management, gains can quickly turn to devastating losses.
Still, Wynn remains unfazed. Following his liquidation over the weekendโwhere he lost billions on high-risk positionsโhe posted: โIโll run it back, I always do. And Iโll enjoy doing it. I like playing the game.โ
So, will this turn into the next viral investing strategy? Reddit users have long joked about tracking โhow much money youโd make doing the opposite of Jim Cramer.โ Whether James Wynn becomes part of that legacy remains to be seenโbut one thingโs clear: in crypto, even your performance report can become a meme. $BTC $XRP
Dogecoin Bulls Hold Strong at $0.18: Is a Rally to $0.30 Coming?
Dogecoin is currently trading above its 50-day EMA, signaling a potential trend reversal. A breakout past $0.20 could open the path toward key resistance zones between $0.28 and $0.30.
As Bitcoin remains steady above the $94,000 mark, meme coins are gearing up for a possible major trend shift. Among them, Dogecoin, the leading cryptocurrency in the meme sector, is showing signs of strength, trading at $0.1812 with a market capitalization of $27 billion.
Over the past seven days, Dogecoin has posted a solid 12% gain. Holding firm above the crucial $0.18 support, the question now is whether DOGE can break through the $0.20 barrier and trigger a fresh rally.
Dogecoin Price Analysis
The daily price chart reflects a strong pullback since Dogecoin's December 2024 rally, during which it tumbled nearly 60% from its swing high of $0.4846.
However, the decline found a local bottom at $0.1410, from where signs of a trend reversal started to emerge. Recently, Dogecoin's recovery crossed the 50-day EMA, a critical indicator suggesting bullish momentum.
Intraday analysis shows lower price rejection from the 24-hour low of $0.1738, leading to a 1% rebound. Furthermore, the MACD indicator remains positive, with both the MACD and signal lines crossing above the zero mark.
Despite this bullish sign, the recent short-term consolidation has slightly weakened the trend momentum, reflected by a decline in positive MACD histograms and the threat of a bearish crossover.
Importantly, Dogecoinโs climb has surpassed the highest volume node near $0.17 (the most traded price area since December 2024), suggesting strong support at these levels. The next significant volume cluster stands near $0.20, making it a critical resistance point.
Should DOGE clear this psychological hurdle, the path to $0.32 opens up, indicating substantial upside potential.
DOGE Price Targets
Dogecoinโs immediate hurdle lies at the $0.20 mark, aligning with the 23.6% Fibonacci retracement level and the 100-day EMA. If bulls overcome this barrier, further targets include:
On the downside, critical support levels are found at $0.17 and then at $0.15.
Analyst Predicts Bullish Breakout Toward $0.32
Adding weight to the bullish outlook, crypto analyst Jonathan Carter highlights an impending Dogecoin rally. He points out a consolidation phase on the two-day chart, suggesting a major move is brewing.
Following a breakout from a falling wedge pattern, Dogecoin is currently stabilizing near $0.18. According to Carter, once momentum builds, DOGE could aim for price targets at $0.23, $0.29, and eventually $0.34. $XRP $DOGE
# Analyst Predicts XRP Surge from $27 to $120 โ Here's the Reason
A prominent market analyst has expressed strong confidence that XRP is mirroring its 2017 price pattern, suggesting the asset could skyrocket to a three-digit valuation, far surpassing his previous targets.
This bold forecast comes from EGRAG Crypto, a seasoned analyst and well-known XRP advocate. EGRAG has long maintained that XRP might be replicating its 2017 trajectory, a period during which XRP exploded to an all-time high of $3.80 by January 2018.
In his most recent analysis, EGRAG revealed he is now more certain than ever that XRP is faithfully following this historic pattern. Back in 2017, XRP rallied by an astounding 6,319%, climbing from $0.0062 in March to $0.3988 by May before undergoing a brief consolidation phase. Following this pause, XRP resumed its surge, eventually reaching $3.80.
Is XRP Repeating 2017?
Signs suggest history may indeed be repeating itself. XRP surged 578% from $0.50 in November 2024 to a peak of $3.39 in January 2025 โ a pattern reminiscent of 2017โs initial rally. Much like before, the surge encountered resistance, leading to a pullback and three months of consolidation.
EGRAG now firmly believes XRP is mirroring the 2017 movement, indicating another major rally could be imminent. However, he cautions that while the fractal appears consistent, there could be variations in timing โ either delays or accelerations.
His analysis also highlights that XRP is currently progressing through a classic 5-wave Elliott Wave structure. According to his chart, Wave 1 culminated with the rally to $3.39 in January, and XRP is now correcting in Wave 2. The upcoming Wave 3, typically the strongest in Elliott Wave theory, could bring significant upside once the correction ends.
EGRAGโs Targets: From $27 to $120
According to EGRAGโs projections, Wave 3 could propel XRP to $27 between June and September 2025 โ a target he has consistently championed. Last December, he pointed to a technical signal โ the crossing of the 21 EMA above the Break of Structure (BOS) โ as a key catalyst for this surge.
However, $27 is not where the story ends. EGRAGโs chart suggests that after reaching $27, XRP might experience a sharp decline to around $5 during Wave 4, marking the beginning of a multi-year bear phase.
Despite this projected correction, a powerful recovery is expected in Wave 5. EGRAG envisions XRP soaring past its previous $27 peak to an astonishing new all-time high of $120. This would represent a staggering 5,072% increase from XRPโs current price of $2.32. At $120, XRPโs total market capitalization would approach an impressive $7 trillion. $XRP $BNB $DOGE
Bitcoin Rollup Citrea Launches Clementine Bridge to Ease BTC Collateral Challenges in DeFi
Citrea deploys its upgraded bridge using BitVM2 on Bitcoin testnet
Key Points
Citrea is working to extend Bitcoinโs functionality by addressing the collateral barriers in connecting Bitcoin to programmable layer 2 solutions.
The projectโs Clementine Bridge offers a trust-minimized solution to make BTC usable in DeFi applications.
The bridge is built using BitVM2, a programming upgrade that enhances Bitcoinโs programmability.
Citrea, a Bitcoin rollup project focused on expanding the networkโs utility, has taken a major step toward integrating Bitcoin into decentralized finance (DeFi) by deploying its Clementine Bridge on the Bitcoin testnet.
The new bridge, powered by the BitVM2 programming language, aims to address one of the major hurdles in bringing BTC to programmable environmentsโsecurely bridging Bitcoin to layer 2 and sidechain ecosystems without excessive collateral requirements.
โA secure bridge between Bitcoin and a secondary layer has always been a bottleneck for using BTC in a programmable environment,โ Citrea stated in a recent announcement.
Clementine is designed to overcome this issue by creating a trust-minimized process that allows BTC to be used on DeFi platforms without repeatedly locking large amounts of collateral. Traditionally, the BitVM framework required users to deposit BTC each time a computation was initiated, creating inefficiencies. Clementine improves on this by allowing operators to reuse their collateral, enabling multiple transactionsโcalled peg-outsโwith a single deposit.
Peg-outs refer to the transfer of assets from a sidechain back to the Bitcoin mainnet, where the original BTC is then unlocked and returned to the user.
This latest version of Clementine builds upon Citreaโs earlier testnet deployment from September 2024, which was based on the original BitVM model. The new version utilizes BitVM2, which introduces more flexibility and securityโsuch as allowing any participant, not just a predefined set of operators, to challenge suspicious activity.
By tackling the collateral inefficiency and security concerns in Bitcoin-DeFi integration, Citreaโs Clementine Bridge marks a significant milestone in making Bitcoin a more viable player in the world of decentralized finance.
SOL Strategies Soars on $500M Credit Facility to Boost Solana Investment
Toronto-listed firm to expand SOL holdings and validator operations
Key Highlights:
SOL Strategies secured a convertible note facility worth up to $500 million to deepen its Solana-based investments. The firmโs stock surged up to 18% after the news, ending the day with a 7% gain. The funding will go toward acquiring more SOL tokens and expanding the companyโs Solana validator infrastructure.
SOL Strategies (HODL), a digital asset firm listed on the Toronto Stock Exchange, announced it has obtained a convertible note facility of up to $500 million aimed at enhancing its investment and operational footprint within the Solana ecosystem.
According to the company's official release, the capital will be allocated specifically for purchasing Solana (SOL) tokens and scaling its validator business. Following the announcement, HODL shares climbed to a high of C$2.16โan 18% spikeโbefore settling with a 7% gain over the previous close.
โThis is the largest financing facility of its kind in the Solana ecosystemโand the first ever directly linked to staking yield,โ said CEO Leah Wald. โEach dollar deployed is immediately yield-generating and accretive to both our balance sheet and validator operations. This innovative structure is also highly scalable.โ
The first $20 million tranche of the financing, arranged with New York-based private equity firm ATW Partners, is expected to close by May 1. Interest on the convertible notes will be paid in SOL, calculated as up to 85% of the staking rewards from SOL staked via SOL Strategies' validators.
The company is also weighing a potential listing on the Nasdaq exchange in the United States to broaden its investor baseโmirroring the recent move by Galaxy Digital, which is set for a Nasdaq debut next month.
Led by Leah Wald, who also co-founded Valkyrie Investments, SOL Strategies has championed the adaptation of Michael Saylorโs Bitcoin treasury strategy to Solana. As of March 2025, the firm held 267,151 SOL tokensโworth over $40 million at current pricesโand expanded its validator footprint by acquiring three additional businesses. This brought the total amount of SOL staked with its validators to 3,351,617 SOL, valued at over $500 million.
Following SOL Strategiesโ lead, U.S.-listed real estate firm Janover, now operating as DeFi Development Corp, has also embraced a similar Solana-based treasury and validator strategy. $SOL $BTC
New SEC Chair Paul Atkins Promises Clear Crypto Rules
Newly appointed SEC Chairman Paul Atkins has pledged to create a principled and transparent regulatory framework for digital assets. Speaking at the White House alongside President Donald Trump, Atkins emphasized removing politics from SEC decisions and focusing on structure rather than enforcement.
His appointment signals a shift from former Chair Gary Genslerโs enforcement-led approach, which critics said hindered innovation. Atkins, who previously served as an SEC Commissioner and has been active in crypto policy since 2017, aims to position the U.S. as a global crypto leader.
Industry figures like Michael Saylor praised the move, while Senator Elizabeth Warren raised concerns over Atkins' ties to Wall Street. $SOL $XRP $DOGE
#MarketRebound Markets bounced back after recent lows, driven by positive earnings, easing inflation concerns, and renewed investor confidence. Tech and banking sectors led the recovery.
Crypto surges past key benchmarks amid renewed investor optimism and easing trade tensions.
Key Highlights:
Bitcoin's market capitalization has reached $1.86 trillion, surpassing Google and making it the fifth-largest asset globally.
The cryptocurrency broke past $94,000, boosted by easing U.S.โChina trade tensions and a broader tech market rally.
Bitcoin outperformed the Nasdaq, signaling a major technical breakout across traditional and digital asset classes.
Bitcoin (BTC) has reached a historic milestone, overtaking Google in market capitalization to become the worldโs fifth-largest asset. With its market cap climbing to $1.86 trillion, Bitcoin is trading above $94,000โmarking a major rebound and turning positive for the year.
The surge comes amid a wave of optimism driven by softening trade tensions between the U.S. and China. As global risk appetite grows, tech stocks and crypto have rallied in tandem, with Nasdaq futures up by 2%.
Bitcoinโs latest rise also signifies a technical breakout, pushing past resistance levels identified earlier in the week. Importantly, BTC has not only surged in dollar terms but has also hit record highs relative to the Nasdaq, reinforcing its growing dominance among major global assets.
While Bitcoin previously reached a market cap above $2 trillion when trading over $109,000, this current ranking marks its highest relative position, as many tech stocks have yet to regain their prior valuations.
With momentum building and broader market sentiment turning bullish, Bitcoin's position among the worldโs leading assets signals a pivotal moment in the evolving financial landscape.
Bitcoin, Ether Rally as Investor Optimism Grows on Trade Hopes and Fed Stability
Bitcoin (BTC) and Ethereum (ETH) saw strong price gains on Tuesday, driven by renewed optimism over a U.S.-China trade deal and reassurances from President Trump about Federal Reserve stability. BTC surged 6.79% to nearly $94,000, while ETH jumped 11% to $1,175 โ both posting their best single-day performances in weeks.
The rally was backed by a sharp rise in open interest in perpetual futures โ up 10% for BTC ($17.83B) and 16% for ETH ($6.6B) โ signaling growing investor confidence. Most of the new positions were long, especially on exchanges like Binance, Bybit, OKX, and Deribit.
Moderately positive funding rates (5โ10% annualized) indicate traders are willing to pay to hold bullish positions, confirming a strong market sentiment. The move was likely accelerated by a short squeeze, as funding rates flipped from negative to positive within 24 hours.
Overall, the surge in prices, open interest, and funding rates points to sustained bullish momentum for BTC and ETH. $BTC $ETH $PEPE
Bitcoin surged past $93,000, rising nearly 7% on Tuesday, fueled by renewed optimism over U.S.-China trade relations. President Trump announced tariffs on China would "come down substantially" from the current 145%, while Treasury Secretary Scott Bessent called the current standoff โunsustainable,โ suggesting de-escalation may come soon.
The CoinDesk 20 Index rose 7% as altcoins followed BTC higherโEthereum (ETH) jumped 8% above $1,700, Dogecoin (DOGE) gained 8.6%, and SUI soared 11.7%. Stocks also rebounded, with the S&P 500 and Nasdaq up over 2.5%, while gold dropped 1% from record highs.
Despite the rally, CryptoQuant warned of underlying weakness. On-chain data shows BTC demand down by 146,000 coins in 30 days, and investor interest is at its lowest since October 2024. USDT growth also lags historical bullish thresholds.
Bitcoin faces resistance between $91Kโ$92K, a zone thatโs acted as a ceiling in bearish markets. Analysts caution that unless liquidity and sentiment improve, a pause or pullback may follow. $BTC $ETH $BNB
#XRPGoal ChatGPT vs. Google Gemini: XRP or Cardano for a $1,000 Investment?
As crypto markets face turbulence, two AI giantsโChatGPT and Google Geminiโweigh in on a $1,000 investment choice between XRP and Cardano.
Market Overview:
XRP trades at $2.23, up 7.42% in 2025 after a massive 237% gain in 2024. With a $130B market cap, itโs the third-largest non-stablecoin asset.
Cardano (ADA) trades at $0.8450, down 18.16% YTD after a 42.27% rise in 2024. It ranks seventh with a $24.42B market cap and continues to expand in DeFi and real-world applications.
ChatGPT's View: Favors XRP for its stability, legal clarity, and institutional backing, suggesting $600 in XRP. But also recommends $400 in Cardano for its speculative upside, innovative tech, and potential in emerging markets.
Google Geminiโs Take: Leans toward Cardano, highlighting its real-world integrations and smart contract growth. While acknowledging XRPโs strengths, Gemini cites Cardanoโs broader potential and scalability as reasons for long-term confidence.
Conclusion: ChatGPT splits the bet; Gemini prefers ADA. The decision boils down to risk tolerance: XRP for stability, Cardano for innovation and potential growth.
#SHIBA๐ Shiba Inu Could Surge 200%, Says Analyst
A veteran analyst, MMB Trader, predicts a potential 200% rise in Shiba Inu (SHIB), pointing to strong historical support at the $0.00001 level. Currently trading at $0.00001252, SHIB has recently bounced off this key support zone, similar to major rallies in 2021 and 2024.
MMB Traderโs chart analysis suggests SHIB could reach $0.000037 if it breaks past the next resistance at $0.00002562. In the past, SHIB surged over 1,000% in 2021 and nearly 400% in 2024 after hitting similar support levels.
Another trader, Lars Kooistra, has also taken a long position on SHIB, citing accumulation signals on higher timeframes that hint at a bullish breakout.
Supporting this outlook, data from IntoTheBlock shows an increase in long-term holders (+2.07%) and a decline in short-term traders (-16.78%), indicating growing investor confidence in SHIBโs future. $DOGE $SHIB $XRP
The European Central Bank (ECB) and the European Commission are at odds over the adequacy of the EU's new crypto regulation, MiCA, in light of growing U.S. support for stablecoins under President Trump. The ECB warns that a surge in dollar-backed stablecoins could destabilize Europeโs economy by shifting capital toward the U.S., calling MiCA too weak to counter the threat.
The ECB is especially concerned about the โmulti-issuanceโ model and wants urgent revisions to MiCA. Standard Chartered projects U.S. stablecoins could reach $2 trillion by 2028, intensifying ECB fears.
In contrast, the European Commission defends MiCA, arguing it already provides strong safeguards, including ECB powers to block harmful issuers. It says itโs too early to judge the impact of U.S. policy changes.
Meanwhile, ECB Chief Economist Philip Lane underscores the need for a digital euro to protect Europeโs monetary sovereignty and counter U.S. payment dominance. $BNB $USDC
#XRPDonationsUSElections # Rippleโs XRP Donation Ranks Second-Largest in Trumpโs Inauguration Fund
New FEC filings confirm Rippleโs $4.89 million donation in XRP was the second-largest contribution to Donald Trumpโs inauguration fund, trailing only behind Pilgrimโs $5 million. Overall, Trump raised a record $245 million for his second inaugurationโmore than double his 2017 figure and four times what Biden raised.
The crypto sector collectively contributed $18 million, with Ripple leading the pack. Other notable crypto donors included Robinhood ($2M), Circle, Coinbase, Galaxy Digital, Solana Labs, and others ($1M each).
Rippleโs support extended beyond the event, with its chairman donating $1M in XRP to Kamala Harris, and Chief Legal Officer Stuart Alderoty contributing over $500K in XRP to Trump.
The industryโs support reflects a shift toward Trump due to his pro-crypto stance, especially after regulatory hostility under the Biden administration. Trump has since appointed Paul Atkins as SEC Chair, and lawsuits against firms like Coinbase and Ripple have been paused as settlements are explored. $XRP $SOL $DOGE
#Xrp๐ฅ๐ฅ Analyst โPapaโ Predicts XRP Surge to $14 Despite Current Pullback
Market analyst โPapaโ remains bullish on XRP, predicting a breakout to $14 based on historical patterns and Fibonacci extensions, despite the tokenโs recent dip from $2.24 to $2.04. Drawing parallels to XRPโs 2017 surge, where it gained over 7,800% before consolidating and rallying again, Papa sees a similar setup forming now. XRP has risen 578% from $0.50 to $3.39 since November 2024 but is now consolidating in a parallel channel. A breakout above $3 could mirror the 2017 rally. Other analysts also support the $14 target, citing technical and macro trends.
Bitcoin (BTC) surged past $88,000, nearing the 200-day SMA ($88,238). A breakout could fuel a rally to $95,000 and possibly $100,000. Support lies at the 20-day EMA ($84,176); a drop below it could pull BTC down to $78,500.
S&P 500 (SPX) faced resistance at the 20-day EMA (5,399). If 5,119 support holds, the index may range between 5,119 and 5,500. A break below 5,119 could lead to 4,950.
US Dollar Index (DXY) plunged below 98, with support at 97.50. Resistance lies between 99โ100.27. A move above 100.27 could indicate a short-term reversal.
Ether (ETH) is attempting a rebound. Resistance is expected between $1,754 and $1,846. A breakout above could target $2,111โ$2,600. A drop below $1,368 would be bearish.
XRP slightly recovered above the 20-day EMA ($2.09), facing resistance at the 50-day SMA ($2.21). A drop below $2 could lead to $1.72 or $1.61.
BNB broke out of a downtrend, eyeing $645 and potentially $680. Bears need to pull the price below $566 to regain control.
Solana (SOL) is nearing the $148โ$153 resistance zone. A breakout could push it to $180, while failure may keep it range-bound between $120โ$153.
Dogecoin (DOGE) is hovering around its 20-day EMA ($0.16), showing reduced selling pressure.
Cardano (ADA) is holding above the 20-day EMA ($0.63), aiming for the 50-day SMA ($0.69). A breakout may lead to $0.83โ$1.03; below $0.58 turns bearish.
Chainlink (LINK) climbed above the 20-day EMA and hit the 50-day SMA ($13.63). If broken, it could rally toward $16. Support lies at $12.90 and $11.68.
Dogecoin has surged 7%, breaking key technical levels and testing a resistance trendline near $0.1680. The rally, fueled by a Morning Star pattern and five bullish candles, has pushed prices above the 50 and 100 EMAs. A breakout above this resistance could send DOGE to $0.20โa potential 25% upside. However, a dip below $0.15 remains possible if momentum fades.
Derivatives data shows rising optimism: open interest is up 3.74% to $1.67B, and long positions now exceed shorts, signaling bullish sentiment. However, a $15M DOGE token unlock between April 21โ28 may pressure the rally by increasing supply.
Despite this, the broader market recovery and growing hype in the meme coin sector keep Dogecoinโs breakout hopes alive. $DOGE $XRP
Jake Claver, Managing Director of Digital Ascension Group, revealed he is solely investing in XRP due to its potential as a bridge currency for global high-value payments. In a post on X, Claver shared an infographic showing XRP at the center of the Interledger Protocol, connecting traditional financial networks (like SEPA, Fedwire, and Zengin) with modern platforms (Amazon, Microsoft, SAP, etc.).
The graphic suggests XRP could enable fast, low-cost cross-border transactions, bypassing traditional systems like SWIFT. However, critics note that the Interledger Protocol is blockchain-agnostic and doesnโt require XRP, and no major institution has officially adopted the setup shown.
Despite skepticism and ongoing legal issues between Ripple and the SEC, Claver remains optimistic. His investment is likely influenced by Rippleโs tech potential and his firmโs ties with Ripple partner Standard Custody & Trust. He emphasized this is a personal strategy, not investment advice.
#BTCโ๏ธ Strategy Invests $555M More in Bitcoin, Total Holdings Reach 538,200 BTC
Key Points:
Strategy acquires 6,556 BTC for $555.8 million.
Funded through proceeds from recent stock offerings.
Company now holds 538,200 BTC bought at an average of $67,766 per coin.
Full Story:
Strategy (MSTR), the largest corporate holder of bitcoin, has expanded its bitcoin portfolio once again. According to a regulatory filing published Monday, the company purchased an additional 6,556 BTC for approximately $555.8 million.
The acquisition was funded through the proceeds of two at-the-market (ATM) stock offerings conducted between April 14 and April 20. Strategy raised $547.7 million through the sale of 1.76 million shares of its Class A common stock and an additional $7.8 million from over 91,000 shares of its STRK preferred stock.
With this latest purchase, Strategyโs bitcoin holdings have reached a total of 538,200 BTC. The firm has spent $36.47 billion to acquire this stash, averaging a cost of $67,766 per bitcoin.
Led by Michael Saylor, Strategy remains the most aggressive institutional investor in bitcoin. Shares of MSTR rose 2.77% in pre-market trading, coinciding with BTCโs surge to $87,300 โ hinting at the possibility of a further rally toward the $90Kโ$92K range.
Banking giants Standard Chartered and Deutsche Bank are reportedly planning to expand their crypto operations in the U.S., signaling renewed interest amid a more favorable regulatory climate. According to the Wall Street Journal, the shift is driven by growing national acceptance of digital assets and regulatory reforms under President Donald Trump, who has branded himself as the โBitcoin President.โ
Following past hesitations due to major crypto collapses like FTX and Terra, the recent push for crypto and stablecoin regulations, including a proposed national crypto reserve, is easing barriers for banks.
At the same time, crypto firms like Circle, BitGo, Coinbase, and Paxos are exploring banking charters to deepen integration with traditional finance. Anchorage Digital remains the only U.S. crypto firm with such a charter, granted in 2021 after a costly regulatory process. $BTC $SOL $XRP