Mango Markets exploiter Avraham “Avi” Eisenberg could be facing over six years in prison, as U.S. prosecutors have pushed for a hefty sentence ahead of his May 1 hearing. In an April 22 filing, federal prosecutors told New York district…

US prosecutors seek up to 8 years for Mango Markets exploiter Avi Eisenberg

Bitcoin reserves on cryptocurrency exchanges have dropped to their lowest 
level in more than six years, as publicly traded companies ramp up their 
accumulation of the digital asset following the US presidential election, 
according to Fidelity Digital Assets.
&#8220;We have seen Bitcoin supply on exchanges dropping due to public company 
purchases &#8212; something we anticipate accelerating in the near future,&#8221; 
Fidelity reported on the X social media platform.
_Source:__Fidelity Digital Assets_
Fidelity said the supply of Bitcoin (BTC) on exchanges had fallen to roughly 
2.6 million BTC, the lowest since November 2018. More than 425,000 BTC have 
moved off exchanges since November, a trend often viewed as a signal of long- 
term investment rather than short-term trading.
Over the same period, publicly-traded companies acquired nearly 350,000 BTC, 
Fidelity said.
Fidelity Digital Assets is a subsidiary of Fidelity Investments, the $5.8 
trillion asset manager headquartered in Boston, Massachusetts. The Fidelity 
Digital subsidiary was established in 2018, long before cryptocurrency was 
considered an institutional asset class.
Fidelity is the issuer of the Fidelity Wise Origin Bitcoin Fund, one of the 
first 11 spot Bitcoin exchange-traded funds approved in the United States.
_**Related:**__**Bitcoin exchange buying is back as &#8216;Spoofy the Whale&#8217; lifts 
$90K asks**_
## Strategy dominates public company purchases
While Fidelity noted significant corporate Bitcoin purchases, most of the 
accumulation has been driven by Strategy, the business intelligence firm- 
turned-Bitcoin bank co-founded by Michael Saylor.
Since November, Strategy has acquired 285,980 BTC, accounting for 81% of the 
approximately 350,000 BTC purchased by publicly traded companies.
_A snapshot of some of Strategy &#8216;s Bitcoin purchases over the past six months. 
Source: __Strategy_
Strategy&#8217;s latest purchase of 6,556 BTC was disclosed on April 21.
Outside the United States, publicly traded companies in Asia have adopted a 
similar Bitcoin treasury strategy, with Japan&#8217;s Metaplanet and Hong Kong&#8217;s HK 
Asia Holdings increasing their Bitcoin allocations.
Metaplanet currently holds 5,000 BTC, with CEO Simon Gerovich saying his goal 
is to double that amount this year.
Meanwhile, HK Asia Holdings announced plans to raise roughly $8.35 million to 
potentially increase its Bitcoin reserves.
_**Magazine:**__**Altcoin season to hit in Q2? Mantra &#8216;s plan to win trust: 
Hodler&#8217;s Digest, April 13 &#8211; 19**_

Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelity

According to onchain records from Arkham Intelligence, an entity known as 
“SUN” appears to have linked an HTX cold wallet to the forthcoming Donald 
Trump dinner. Arkham Reports Whale Wallet ‘SUN’ Cracks Top Tier for Trump’s 
Meme Coin Gala On Wednesday, Bitcoin.com News revealed that the leading 220 
holders of the TRUMP meme coin will […]

Charting the TRUMP Leaderboard: Who’s In for Trump’s Meme Coin Feast?

The value of the $TRUMP token has increased by more than 70% since the 
announcement of an ‘Exclusive dinner with President Trump’ for the top 220 
$TRUMP coin holders. Although it may sound like a scam, we can confirm that 
it&#8217;s REAL. The top 220 investors holding the most $TRUMP coins from April 23 
to May 12 will be invited for an exclusive dinner gala with the ‘crypto 
president’ himself on Thursday, May 22, 2025, at the Trump National Golf Club. 
Moreover, the top 25 $TRUMP coin holders will also be invited to a private VIP 
reception with Trump and a separate special VIP tour. With the biggest 
PolitiFi meme coin, $TRUMP, offering such non-financial yet prestigious perks, 
we&#8217;ve included the best altcoins you can invest in for similar exclusive 
benefits below. A Smart Move to Boost Demand Trump launched his proprietary 
meme coin just a few days before swearing in as president. The coin soared to 
a lifetime high of over $75 within the next two days, riding on the initial 
hype and popularity. However, since then, $TRUMP has plummeted and has been 
trading around the $7.50 mark before this announcement. That said, April 20 
marked the beginning of a daily token unlocking event for the $TRUMP coin, 
which will release 0.049% of the total 1B supply into the market every day. 
This will further dilute $TRUMP&#8217;s market capitalization and offer sell-side 
opportunities. To combat this, the promoters have launched this never-seen- 
before campaign where investors are incentivized to HODL $TRUMP to meet the 
president himself. It&#8217;s an excellent tactic not only to boost demand but to 
ensure that the additional daily supply is absorbed by investors. There are a 
few conditions to this invitation. For starters, you can&#8217;t be from a KYC 
watchlist country and must pass a background check after you&#8217;re selected for 
the invitation. Also, you cannot bring along any guests with you. However, 
$TRUMP isn&#8217;t the only token offering exclusive benefits. We&#8217;ve gone hunting, 
and here are the top three cryptos with additional perks. 1. MIND of Pepe 
($MIND) – Best Altcoin to Buy Now for Investment Advice MIND of Pepe ($MIND) 
is arguably the best crypto to buy now if you&#8217;re looking for a project 
offering top-notch benefits. That&#8217;s because $MIND aims to give real-time 
crypto investment advice to its token holders. While free tokens and 
governance rights are great, $MIND&#8217;s roadmap shows it could offer more, 
allowing you to invest in a project that has the potential to create a money- 
making crypto portfolio on your behalf. MIND of Pepe is an autonomous AI agent 
that will track online crypto trends and community hype to identify crypto 
projects with the potential to explode. It will do so by talking to crypto 
influencers on dApps and social media sites like X and assessing their biases. 
It&#8217;s worth noting that the developers have lived up to the expectations, and 
they&#8217;re finally launching $MIND on May 10. In addition to early-bird access to 
$MIND&#8217;s investment, presale holders will also get exclusive access to the 
tokens created by this revolutionary and self-evolving intelligence system. 
You heard that right! As we noted above, MIND of Pepe will be launching its 
own tokens based on social sentiment trends and market fundamentals. Don&#8217;t 
miss out on possibly the biggest holder-centric crypto presale on the market 
right now. With over $8.2M raised so far, you can get in for just $0.0037365 
per coin. For more, here&#8217;s how to buy $MIND tokens. 2. SUBBD Token ($SUBBD) – 
Top New Altcoin Revolutionizing the Online Creator Industry SUBBD Token 
($SUBBD) is the newest crypto subscription platform, but it&#8217;s unique because 
it&#8217;s the first one ever to integrate AI into its ecosystem. Not to mention, 
its mission is to revolutionize the $85B online creator industry with its long 
list of benefits. For starters, creators on SUBBD get access to futuristic AI 
tools, like AI image, video, and voice generators, that they can use to 
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— plus, early access to new features. Moreover, you can also stake your $SUBBD 
tokens for additional benefits. These include a fixed 20% APY, exclusive 
creator livestreams, premium content from SUBBD&#8217;s top talent, and daily BTS 
drops. As a new cryptocurrency on presale, each token is available for just 
$0.05525. And with predictions that $SUBBD could jump over 1,200% and reach 
$0.668 by 2026, this is a project many are keeping an eye on. 3. Fartcoin 
($FARTCOIN) – Trending Meme Coin Offering Free Tokens $FARTCOIN holders might 
not get the kind of VIP benefits offered by $MIND or $SUBBD, but its extremely 
positive future outlook could result in double- or triple-digit gains in your 
investment. With a market cap of over $1B, Fartcoin has been one of the top 
trending cryptos in the last few weeks, which were some of the most sluggish 
for the larger crypto market. What&#8217;s driving $FARTCOIN, you ask? Well, it&#8217;s 
not strong fundamentals or a large-scale revolutionary goal. It&#8217;s something 
simpler but perhaps more important: amusement and the community&#8217;s shared love 
for stinking farts. Token holders get free $FARTCOIN tokens if they submit 
hilarious fart jokes. Considering that the token is up nearly 100% in the last 
30 days, it wouldn&#8217;t be a bad idea to collect free $FARTCOIN and maximize your 
profits from the token&#8217;s hot form. The Best Altcoins to Rally Higher? At the 
end of the day, it&#8217;s worth remembering that the best altcoins aren&#8217;t those 
that offer the best VIP benefits – those are nice additions, of course – but 
without strong fundamentals, a token is unlikely to survive the market&#8217;s heat. 
Even then, though, the crypto market&#8217;s volatility and unpredictability are 
such that no returns can be guaranteed. We urge our readers to do their own 
research before investing. Our articles are not intended to be taken as 
financial advice.

$TRUMP Up 70% as President Invites Top 220 Holders to Dinner: Best Altcoins with Even More Valuable VIP Benefits

#### Key points:
 * Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price.
 * That key level near $93,500 is the main target for traders hoping that BTC/USD will cement its latest breakout.
 * The next support retest could involve $87,000, analysis suggests.
Bitcoin (BTC) consolidated below a key resistance target on April 24 as a BTC 
price forecast brought sub-$90,000 levels into play.
_BTC/USD 1-hour chart. Source: Cointelegraph/TradingView_
## Analyst: BTC price correction &#8220;fairly normal&#8221;
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retesting 
$92,000 as support overnight.
The pair broadly maintained six-week highs while global markets remained at a 
loss over the trajectory of the ongoing US trade war.
&#8220;The market is now up over +1% on the day on no news at all,&#8221; trading resource 
The Kobeissi Letter summarized alongside a chart of the S&amp;P 500 in part of its 
latest analysis on X.
&gt; &#8220;As we have seen multiple times this year, it almost feels like someone is 
&gt; front-running something right now. We expect to see some sort of bullish 
&gt; announcement soon.&#8221;
_S &amp;P 500 4-hour chart. Source: Cointelegraph/TradingView_
Bitcoin continued to brush off news events, leaving volatility to equities, 
while gold attempted to stabilize after slipping from record highs earlier in 
the week.
&#8220;Fairly normal to have a slight correction here on Bitcoin as it&#8217;s just had a 
massive breakout,&#8221; crypto trader, analyst and entrepreneur Michael van de 
Poppe told X followers on the day.
&gt; &#8220;Buyers likely going to step in and then we&#8217;ll be continuing our path 
&gt; towards a new ATH.&#8221;
_BTC/USDT 12-hour chart with RSI data. Source: Micha el van de Poppe/X_
Others increasingly entertained the idea of a deeper correction following 
brisk gains for BTC/USD, potentially taking the market back below the $90,000 
mark.
&#8220;A dip to 88k would be lovely,&#8221; popular trader Inmortal argued.
&gt; A dip to 88k would be lovely. 
&gt; 
&gt; If the market gives it, I will probably play one of these two setups, or 
&gt; both.$BTC pic.twitter.com/ysqiheds7X 
&gt; 
&gt; &#8212; Inmortal (@inmortalcrypto) April 24, 2025
Trader and analyst Rekt Capital had a similar conception of the potential 
support retest move.
BTC price action, he observed, was closely copying behavior from the middle of 
its previous bull market in 2021.
&#8220;Part of Bitcoin continuing to repeat mid-2021 price tendencies relative to 
the Bull Market EMAs would be a dip into the $87000 (green EMA) level for a 
post-breakout retest, if at all needed,&#8221; he commented on a weekly chart 
showing two exponential moving averages (EMAs).
&gt; &#8220;Depends on how BTC Weekly Closes relative to $93500.&#8221;
_BTC/USD 1-week chart. Source: Rekt Capital/X_
## Bitcoin bulls seek leveraged shorts wipeout
The main target for bulls thus remained the yearly open level just above 
$93,000, one which remained intact as resistance at the time of writing.
_**Related:**__**Bitcoin exchange outflows mimic 2023 as whales buy retail 
&#8216;panic&#8217;**_
This coincided with a block of potential liquidation levels on exchange order 
books, providing fertile conditions for a &#8220;short squeeze&#8221; should price attack 
them.
&gt; $BTC Liquidation heatmap shows that liquidity of leveraged positions is 
&gt; building up on both sides. 
&gt; Leveraged longs mainly around $91,400. 
&gt; Leveraged shorts around $93,500-$94,500. pic.twitter.com/d2jCyO2FdC 
&gt; 
&gt; &#8212; chad. (@chad_ventures) April 24, 2025
The latest data from monitoring resource CoinGlass showed the largest 
concentration of liquidation leverage centered around $93,600.
Earlier, Cointelegraph reported on a large trading entity dubbed &#8220;Spoofy the 
Whale&#8221; removing a wall of asks at $90,000.
_BTC liquidation leverage data. Source: CoinGlass_
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.

Bitcoin 'short squeeze' or $87K dip next? BTC price predictions vary

CME Group has announced plans to launch XRP futures, with the derivatives 
marketplace eyeing a debut date of May 19, 2025. In an announcement, the CME 
Group said the unveiling of XRP (XRP) futures, set to offer access to both…