On April 20, Dogecoin holders celebrated the annual DogeDay, the event that first gained traction in 2021. But there&#8217;s another cause for celebration as an analyst is heralding a 500% surge for the memecoin, based on a historical pattern that…

DOGE price eyes 500% surge based on historical pattern – another cause for celebration after DogeDay

Omni Foundation has launched a $10 million incentive program aimed at powering 
the next adoption of crypto. In an announcement, the Omni Foundation said its 
$10 million rewards program, which goes live with support for Symbiotic, will 
power the future…

Omni announces $10m rewards program for SolverNet users

New filings from the Federal Election Commission (FEC) reveal that several 
cryptocurrency firms and their executives made significant contributions to US 
President Donald Trump&#8217;s inauguration fund after the results of the 2024 
election.
According to FEC filings made public on April 20 by the Trump-Vance Inaugural 
Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs 
donated $1 million, and software firm Consensys sent $100,000 in January 2025 
to support the then-president-elect&#8217;s inauguration. Many major crypto firms 
had previously announced their support of Trump through donations to the 
inaugural fund, including Coinbase, Ripple Labs, Kraken, Ondo Finance, and 
Robinhood.
_Jan. 9 contribution from Uniswap CEO Hayden Adams to Trump-Vance inauguration 
fund. Source:__FEC_
Altogether, the fund reported more than $239 million in net donations between 
Nov. 15 and April 20 from companies and individuals. These included $1 million 
from McDonald&#8217;s, $1 million from Apple CEO Tim Cook, $1 million from OpenAI 
CEO Sam Altman, and various contributions from Delta Air Lines, ExxonMobil, 
FedEx, Nvidia, PayPal, Target, and Coca-Cola.
Since Trump took office on Jan. 20 and appointed Mark Uyeda as acting chair of 
the US Securities and Exchange Commission (SEC), the agency has dropped 
multiple investigations and enforcement actions against crypto firms, 
including those that donated to the president&#8217;s 2024 campaign or inauguration 
fund. In February, Uniswap reported that the SEC had dropped its probe into 
the firm, and Consensys founder Joseph Lubin said the agency had agreed to end 
a separate lawsuit.
This is a developing story, and further information will be added as it 
becomes available.

Consensys, Solana, and Uniswap CEO donated to Trump's $239M inauguration fund

DeFi protocol MANTRA has begun the process of burning 150 million OM tokens 
from its team and core contributor allocation. The unstaking of these tokens 
is now underway and expected to be completed by April 29, at which point the…

MANTRA to burn 300m $OM tokens in effort to rebuild trust

Crypto analyst Charting Guy (@ChartingGuy), posting to X on April 20, has 
mapped the daily XRP/US Dollar chart on Bitstamp onto a textbook Wyckoff 
re‑accumulation schematic and argues that the pattern is now far enough 
advanced to imply a summer markup toward— and potentially beyond— the $3.70 
region. &#8220;Wyckoff Pattern Ignites XRP Bull Case The chart spans the five‑month 
base that began with preliminary supply (PSY) in late November. A vertical 
surge carried price into a $2.68 Buying Climax (BC) in early December, 
immediately followed by an Automatic Reaction (AR) that washed back to roughly 
$1.90, anchoring the lower boundary of what would become the Phase A trading 
range. A Secondary Test (ST) in mid‑December revisited the $2.72 zone, 
completing Wyckoff’s initial “stop‑action” sequence. Phase B unfolded through 
January: demand rebuilt, producing an Up‑Thrust (UT) in Phase B that briefly 
pierced $3.40 in mid January before supply re‑asserted itself. From that peak 
XRP traced a descending, low‑angle channel—labelled the “Creek”—with 
progressively lower highs and lows into early April. Throughout this descent, 
Charting Guy’s overlay shows the familiar saw‑tooth of Wyckoff’s internal 
testing, suggesting weak‑hand distribution rather than true distributional 
topping. Related Reading: Ripple Takes Asia By Storm With New XRP Product, 
Here Are The Recent Developments On April 7 the market under‑cut range 
support, knifing to about $1.61, and immediately snapped back: the classic 
Spring of Phase C. A shallow Test of the spring followed near $2.00, 
satisfying Wyckoff’s requirement for bullish confirmation. From that point the 
analyst’s projected path turns higher. Phase D begins with what Wyckoff called 
Last Point of Support (LPS) between $2.35 and $2.55 in early May, followed by 
a steeper advance that drives through the February crest. This is followed by 
a Jump Across The Creek (JATC)—a decisive thrust through the descending 
channel top and horizontal resistance at roughly $2.70. The model then shows a 
price breakout above the mid-January high at $3.40 would constitute the Sign 
of Strength (SOS) around $3.40 in late May, completing the transition into 
Phase E. Afterwards, Charting Guy expects a second backing up into a first 
Last Point of Support (LPS) between $3.10 and $3.30 in mid-June, followed by 
an even steeper advance. Related Reading: XRP Is The ‘Strongest Chart In 
Crypto,’ Says Analyst In Phase E the schematic accelerates, taking XRP into 
the $3.70 area by early July—an objective that sits one tick above the $3.40 
resistance band on the analyst’s price axis. With the spot rate at $2.12 at 
publication time, the roadmap implies a potential upside of close to 74% over 
the next two and a half months. However, Charting Guy cautions that “this 
doesn’t mean up‑only now—timing may be slightly off,” underscoring Wyckoff’s 
probabilistic nature. Nevertheless, the meticulous alignment of real‑world 
price action with the classical re‑accumulation phases—complete with labelled 
PSY, BC, AR, ST, UT, Spring, Test, LPS, JATC and SOS—adds weight to the 
bullish case. If the market respects those technical milestones, XRP could 
soon be working with prices not seen since the last cycle’s peaks. At press 
time, XRP traded at $2.11. Featured image created with DALL.E, chart from 
TradingView.com

XRP Wyckoff Pattern Maps Bullish Run To $3.70 This Summer

Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall 
Street open as US trade war tensions escalated. _BTC/USD 1-day chart. Source: 
Cointelegraph/TradingView_
## Trade war reactions fuel BTC price gains
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD matching 
month-to-date highs above $88,000.
Bitcoin continued higher after the weekly close to catch up with gold as the 
latter set fresh all-time highs of $3,430 per ounce.
_XAU/USD 1-hour chart. Source: Cointelegraph/TradingView_
By contrast, stock markets came under renewed selling pressure, with the S&amp;P 
500 and Nasdaq Composite Index both down over 2% at the time of writing.
Newfound BTC price strength thus appeared to end lockstep trading with 
equities as part of reactions to trade-war headlines.
These included warnings about the deterioration of relations with the US from 
both China and Japan, while US President Donald Trump renewed existing attacks 
on Federal Reserve Chair Jerome Powell over interest rates.
_Source:__Truth Social_
&#8220;Technology stocks have gotten crushed again over the last week. Nvidia, 
$NVDA, is down over -15% since last Monday while multiple other Mag 7 stocks 
are down 10%+,&#8221; trading resource The Kobeissi Letter wrote in part of a 
reaction thread on X.
&gt; &#8220;Without technology stocks, this market cannot bottom.&#8221;
_S &amp;P 500 1-hour chart. Source: Cointelegraph/TradingView_
Kobeissi also referenced downside pressure on the US dollar index (DXY), which 
traded at its lowest levels since March 2022.
&#8220;While the USD, $DXY, falls to a new 52-week low below 99, Bitcoin and Gold 
are surging,&#8221; it summarized.
&gt; &#8220;Markets need trade deals ASAP.&#8221;
_US dollar index (DXY) vs. BTC/USD chart. Source: The Kobeissi Letter/X_
## Bitcoin &#8220;institutional confidence returning&#8221;
Continuing, trading firm QCP Capital struck an optimistic tone.
_**Related:**__**US dollar goes &#8216;no-bid&#8217; &#8212; 5 things to know in Bitcoin this 
week**_
Bitcoin, it argued in its latest bulletin to Telegram channel subscribers, 
seemed to be sharing some of gold&#8217;s limelight as a hedge against macroeconomic 
uncertainty after months of failure.
&#8220;With equities finishing last week in the red and extending an April drawdown, 
the narrative of BTC as a safe haven or inflation hedge is once again gaining 
traction. Should this dynamic hold, it could provide a fresh tailwind for 
institutional BTC allocation,&#8221; it wrote.
QCP even suggested that recent outflows from the US spot Bitcoin exchange- 
traded funds (ETFs) may soon recover.
&#8220;Indeed, we&#8217;re already seeing early signs of institutional confidence 
returning. Spot BTC ETF flows turned positive last week with net inflows of 
$13.4 million, a stark contrast to the previous week&#8217;s $708 million in 
outflows,&#8221; the bulletin noted.
&gt; &#8220;In options markets, positioning has turned more balanced. Risk reversals 
&gt; across tenors have flattened out, diverging from the persistent near-dated 
&gt; put skew that has dominated for weeks.&#8221;
_US spot Bitcoin ETF flows (screenshot). Source: Farside Investors_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.