Christopher Perkins, president of CoinFund, has issued a disapproval of the Bank for International Settlements&#8217; (BIS) recent paper on crypto. Perkins called its recommendations &#8220;completely uninformed and frankly, dangerous.&#8221; The BIS report, titled &#8220;Cryptocurrencies and decentralized finance: functions and financial…

CoinFund president criticizes BIS crypto containment strategy as “dangerous”

Popular crypto analyst Tony Severino has shared a bold take on the current 
Bitcoin (BTC) market structure. The chartered market technician has stated 
that the Bitcoin bull market remains active unless the price falls below a 
specific level. Notably, Bitcoin saw a heavy correction after hitting a peak 
price of $109,000 in January. Over the last three months, the premier 
cryptocurrency has traded as low as $74,000, representing a devaluation of 
over 32.5%. Although there has been a notable price bounce in April, an ever- 
present market uncertainty means speculation remains abound on the viability 
of the present bull cycle. Related Reading: Bitcoin Dominance At Risk Of Crash 
To 40%, Why This Is Good For Ethereum, XRP, And Altcoins $49,000 As Key Price 
Level For Bitcoin &#8211; Here&#8217;s Why In an X post on April 18, Severino has 
identified the $49,000 price region as the make-or-break zone for the Bitcoin 
market. With the help of a weekly trading chart, Severino highlights that 
Bitcoin remains on an ascending trendline stretching as far back as Q3 2023. 
An ascending trendline represents a sustained uptrend in price action, 
typically confirmed by the formation of successive higher highs and higher 
lows. It typically demonstrates a persistent buying pressure and sufficient 
underlying demand, thus ensuring a prolonged price rally. Generally, the 
higher lows reflect the strength of an ascending trend. Therefore, any fall 
below the previous higher low undermines the bullish momentum and indicates a 
likely change in market sentiment. According to Severino’s chart, the last 
higher low on Bitcoin’s ascending trendline stands at $49,140. Therefore, this 
level represents a key support region, any price fall below which would 
invalidate the present bull run and signal a new market cycle. At the time of 
writing, Bitcoin remains in consolidation trading between $83,000 and $86,000 
as seen over the past week. The market appears to be finding stability with 
accumulation now on the rise. Amid the US 90-day pause on new tariffs, the 
likelihood of a sharp downside catalyst is relatively low. However, the 
potential for a decisive price breakout remains uncertain, as broader market 
sentiment continues to face key resistance barriers at $86,000 and $91,000 
price regions. Related Reading: Brace For Impact: Dogecoin May Plunge Before 
Skyrocketing 400%—Analyst Bitcoin Price Forecast At press time, Bitcoin is 
trading at $85,312, reflecting a price gain of 0.91% in 24 hours. 
Interestingly, the asset’s trading volume is up 19.77% and valued at $15.26 
billion. According to price prediction firm Coincodex, market sentiment among 
investors is neutral. However, there remains a significant level of caution 
with the Fear &amp; Greed Index standing at 37. In forecasting Bitcoin fortunes, 
Coincodex anticipates a full bullish market reversal with projections of 
$108,296 in five days and $111,236 in a month. Featured image from Adobe 
Stock, chart from Tradingview

Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst

Although bitcoin has remained confined within a narrow band this 
week—fluctuating between $83,268 and $85,917—and briefly dipped to $74,434 on 
April 6, some claim that the bull run may have concluded. Should the peak have 
coincided with Trump’s inauguration as the 47th U.S. President, there may be 
considerably more room for prices to decline in […]

Will a 70% to 80% Bitcoin Slide Shake out New Entrants?

Ethereum co-founder Vitalik Buterin has proposed replacing the current 
Ethereum Virtual Machine (EVM) contract language with the RISC-V instruction 
set architecture to improve the speed and efficiency of the Ethereum network&#8217;s 
execution layer.
Buterin&#8217;s April 20 proposal outlined several long-term bottlenecks for scaling 
the Ethereum network including, stable data availability sampling, ensuring 
block production remains competitive, and zero-knowledge EVM proving.
The Ethereum co-founder argued that implementing the RISC-V architecture in 
smart contracts would keep block production markets competitive and improve 
the efficiency of zero knowledge functions for the execution layer. Buterin 
wrote:
&gt; &#8220;The beam chain effort holds great promise for greatly simplifying the 
&gt; consensus layer of Ethereum, but for the execution layer to see similar 
&gt; gains, this kind of radical change may be the only viable path.&#8221;
The proposal highlights the Ethereum network&#8217;s struggle to improve throughput 
and remain competitive with next-generation monolithic blockchains such as 
Solana and the Sui networks at a time when investors are losing confidence in 
the original smart contract blockchain.
_Buterin provides numbers suggesting that implementing the proposal could lead 
to efficiency gains of 100x. Source:__Vitalik Buterin_
 _**Related:**__**Vitalik Buterin unveils roadmap for Ethereum privacy**_
## Ethereum&#8217;s scaling woes and a collapse of Ether&#8217;s price
Ethereum&#8217;s blob fees, transaction fees taken from Ethereum layer-2 scaling 
networks, dropped to a weekly low of 3.18 Ether (ETH) during the week of March 
30, according to data from Etherscan.
Using current Ether prices, the 3.18 ETH collected for blob fees during the 
period equaled approximately $5,000.
In April 2025, Ethereum network fees dropped to their lowest levels since 
2020, averaging around $0.16 per transaction.
According to Santiment marketing director Brian Quinlivan, the dramatic 
reduction in fees is due to fewer users sending transactions on the Ethereum 
base layer, opting instead to use smart contracts or one of Ethereum&#8217;s many 
layer-2 scaling solutions.
_Ethereum network weekly transaction fees declined significantly in Q1 2025. 
Source:__Token Terminal_
Ethereum&#8217;s layer-2 networks have been described as a double-edged sword that 
dramatically lowered transaction costs on the base layer but also cannibalized 
the Ethereum base layer&#8217;s revenue.
Concerns surrounding revenue generation on the base layer and the corrosive 
effects of layer-2 scaling solutions on Ethereum&#8217;s market share have driven 
the price of Ether to historic lows and could plunge Ether prices further to 
around $1,100 if investor confidence continues to wane.
_**Magazine:**__**Proposed change could save Ethereum from L2 &#8216;roadmap to 
hell&#8217;**_

Vitalik Buterin proposes swapping EVM language for RISC-V

Rick Wurster, Charles Schwab Corp. CEO, is planning to introduce spot Bitcoin 
trading for Schwab clients by April 2026. Rick attributed a 400% traffic 
increase on Schwab’s crypto website to these plans. A large part of this 
decision was dictated by the regulatory environment. As per Rick, Schwab was 
waiting for a more &#8216;positive regulatory catalyst&#8217; to offer crypto trading 
directly to its clients. Read on to know how this development speaks 
positively about the overall crypto market. We’ll also suggest some of the 
best cryptos to buy now to make the most of it. The Right Regulatory Catalyst 
The crypto industry has seen some positive regulatory developments ever since 
the appointment of Trump as the president. Be it the formation of a US Bitcoin 
reserve or doing away with the draconian debanking policies, the changes are 
now starting to bear fruit. In fact, the first Bitcoin ETF was approved in 
January 2025, right alongside Trump&#8217;s entry. And now, a bunch of crypto-pegged 
ETFs are pending approval with the SEC. Schwab has also entered into a 
partnership with Trump Media and Technology Group (TMTG) to assist in offering 
customized ETF and cryptocurrency services for Truth.Fi. In case you didn&#8217;t 
know, Truth.Fi is an upcoming project that will blend digital assets with 
traditional banking. Bitcoin Can Reach $138K After a sluggish couple of 
months, Bitcoin looks well-positioned to be the dominating force everyone&#8217;s 
expecting it to be. In an X post, Timothy Peterson, a network economist, 
predicted that $BTC may reach as high as $138K in the next three months. A 
very important determinant of the prediction is the US High Yield Index 
Effective Yield, which now sits at 8%. Since 2010, there have been 38 
instances when the monthly rate has crossed 8%. Whenever this has happened, 
$BTC went up 71% of the time with a median gain of 31%, with the worst-case 
loss of 16%. This means that the floor price for $BTC should be around $75K, 
with $138K being the possible high. However, this means that Bitcoin would 
need to deliver around 60% returns from current levels. This wouldn’t be an 
easy climb given the current choppy macroeconomic conditions and the ongoing 
trade tariff war. Then again, with the probability on the bulls’ side, 
Peterson’s predictions may not be ridiculously wrong after all. If you’re 
looking to make the most of the upcoming Bitcoin frenzy, this is probably the 
best time to accumulate some hot new cryptos, like the following. 1. BTC Bull 
Token ($BTCBULL) – Best Crypto to Buy If You’re Bullish on Bitcoin The king 
cryptocurrency, Bitcoin itself, doesn&#8217;t come cheap and would require a huge 
upfront investment before it could make you any noteworthy profits. BTC Bull 
Token ($BTCBULL) solves that problem. It&#8217;s the best crypto to invest in if you 
want to benefit from Bitcoin&#8217;s upcoming rally in a cost-effective manner. As 
the first-ever and only crypto to offer free $BTC to token holders, BTC Bull 
Token has been built to follow Bitcoin&#8217;s coattails. It&#8217;s worth noting, though, 
that $BTCBULL&#8217;s love for Bitcoin isn&#8217;t the reason it could rally alongside it. 
That will happen because its $BTC giveaways are scheduled to occur every time 
Bitcoin reaches a new milestone, such as $150K, $200K, and $250K. Another 
reason we&#8217;ve predicted $BTCBULL to explode to $0.0096 by 2026 is its 
deflationary approach. By burning a percentage of the total token supply every 
time $BTC rises by $25K, the BTC Bull Token developers have ensured the 
crypto&#8217;s demand stays intact and its price follows an upward trajectory. 
Luckily for you, BTC Bull Token is currently in presale ($4.8M+ raised), which 
is why it&#8217;s one of the best cheap cryptos to buy now. One token costs just 
$0.00247. For more info, here&#8217;s a detailed guide on how to buy $BTCBULL. 2. 
Solaxy ($SOLX) – Top Altcoin Creating the First-Ever Solana Layer-2 Solaxy 
($SOLX) is one of the hottest crypto presales on the market right now, and for 
a very good reason. It&#8217;s a token with real utility – Solaxy&#8217;s goal is to 
revamp Solana and restore its past glory. At the time of writing, Solana is 
struggling to accommodate the increased number of investors on its network, 
leading to network congestion, failed transactions, and limited scalability. 
Solaxy will build the first-ever Layer 2 scaling protocol on Solana. It will 
reduce the burden on the network&#8217;s mainnet by offloading a significant number 
of its transactions onto a sidechain. Solaxy plans to do so by utilizing two 
leading blockchains: Ethereum and Solana. As a multi-chain token, $SOLX will 
be able to blend Ethereum&#8217;s liquidity and Solana&#8217;s speed. The best part? You 
can join Solaxy&#8217;s $30M+ presale by shelling out just $0.0017 per token. Check 
out our how to buy Solaxy guide for more information. 3. SUNDOG ($SUNDOG) – 
Best Dog Meme Coin on TRON As the biggest dog-themed meme coin on the TRON 
network, SUNDOG, though a relatively low-cap coin, deserves to be in the same 
conversation as $DOGE and $SHIBA. Built with the &#8216;serious&#8217; goal of spreading 
good vibes and joy on the TRON blockchain, SUNDOG is currently one of the top 
trending cryptos. It&#8217;s up over 15% in the last seven days, and a closer look 
at its price action suggests that if it continues to hold the break above 
$0.0490, it could surge past its recent high of $0.05187. That would result in 
a gain of over 100%, making SUNDOG&#8217;s current price of $0.04863 an excellent 
entry point for both short- and long-term investors. Final Thoughts on the 
Potential of the Best Cryptos The potential of the best cryptos aside, let&#8217;s 
never forget that this market is subject to high volatility. That&#8217;s why you 
should tread cautiously, irrespective of your level of conviction. In addition 
to only investing a small amount, ensure you do your own research before 
buying cryptos. As for our articles, they&#8217;re solely educational and not 
financial advice.

Best Cryptos to Buy as Charles Schwab CEO Eyes Spot Bitcoin Trading by April 2026

Christopher Perkins, president of CoinFund, has issued a disapproval of the 
Bank for International Settlements&#8217; (BIS) recent paper on crypto. Perkins 
called its recommendations &#8220;completely uninformed and frankly, dangerous.&#8221; The 
BIS report, titled &#8220;Cryptocurrencies and decentralized finance: functions and 
financial…