Samourai Wallet co-founders and U.S. prosecutors have asked a federal judge to delay court proceedings as they weigh a possible dismissal of the case. In an April 28 letter to Judge Richard Berman, Samourai Wallet defense attorneys said they had…

US prosecutors seek more time to decide on dropping Samourai Wallet charges

Sonic, one of the fastest-growing blockchains for stablecoin activity, is set 
to transition from bridged USDC to native USDC and integrate Circle’s Cross- 
Chain Transfer Protocol V2 (CCTP V2). The upgrade is expected to begin with a 
bridging pause on May…

Sonic to upgrade from bridged to native USDC, adds CCTP V2 support

The Ripple price has remained steady this week, hovering at its highest level 
in over a month after surging by 40% from its lowest point of the year. Ripple 
(XRP) XRP was trading at $2.27 on Monday, giving it a…

Can XRP price rise to $5 if the SEC approves Ripple ETFs?

Crypto prices retreated in the first 100 days of Trump’s administration as his 
tariff policies impacted market sentiment. Bitcoin (BTC) and most altcoins 
have dropped even as Donald Trump’s administration implemented positive 
policies, including supportive moves on crypto reserves. The…

Top 5 crypto charts that define Trump’s first 100 days in office

The Bitcoin price has just printed a rare Golden Cross on the weekly chart — a 
technical signal that historically appears once every market cycle. This 
Golden Cross has previously preceded some of Bitcoin’s most explosive bull 
runs, and analysts are eyeing its return as a sign that the next bullish leg 
up could be near. A Golden Cross occurs when a shorter-term Moving Average 
(MA), usually the 50-week MA, crosses above a longer-term one, like the 
20-week MA. In the crypto world, this technical formation is perceived as a 
significantly bullish indicator that often leads to a long-term trend reversal 
or the start of a new uptrend. While the signal alone doesn’t guarantee gains, 
Bitcoin’s price history suggests it’s one worth watching closely. Bitcoin 
Price Flashes Super Rare Golden Cross According to ‘Merlijn The Trader’, a 
crypto analyst on X (formerly Twitter), the Bitcoin price has just flashed a 
Golden Cross, one that has only been seen three times in the past decade. Each 
time Bitcoin has printed this Golden Cross, it has undergone a parabolic move 
upwards. Related Reading: Is The Bitcoin Price Top In At $109,000 Already? 
What The MVRV Z-Score Says In 2016, Bitcoin recorded a massive surge of 139% 
after flashing a Golden Cross on its price chart. Similarly, in the 2017 bull 
cycle, the flagship cryptocurrency underwent another crossover, which led to 
an astonishing 2,200% increase, marking one of its most parabolic rallies and 
capturing the attention of the world. In 2020, during the historic bull market 
that led to Bitcoin’s global exposure and dominance, the same Golden Cross 
pattern was formed. Following this, Bitcoin recorded a 1,190% rally, pushing 
its price to its then all-time high near $69,000 in 2021. Now, in 2025, five 
years after the previous Golden Cross appearance, Bitcoin has once again 
printed this powerful signal and could be on the verge of another historic 
rally. The analyst’s price chart shows the crossover forming clearly, with 
many comparisons to the previous cycle setups While the exact percentage price 
increase this time remains unknown, the consistency of the pattern has sparked 
the analyst’s prediction that Bitcoin may be gearing up for a powerful rally 
above $200,000. Analyst Predicts BTC’s Next ATH Target In another similarly 
bullish Bitcoin price analysis, Crypto Caeser, an analyst on X, has projected 
that the flagship cryptocurrency will soon hit a new ATH this cycle. While 
many suggest that the Bitcoin price surge above $109,000 during US President 
Donald Trump&#8217;s inauguration was its market top, a significant portion of the 
community still expect a rally to a higher peak before a bear market. Related 
Reading: Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means 
For Price Sharing a Bitcoin price chart that outlines its possible bullish 
trajectory, Crypto Caeser predicts that the flagship cryptocurrency could be 
heading to a “weak high” of $110,000. The analyst has pinpointed a key support 
zone around $90,000, emphasizing that this was the most optimal price level 
for maximum buying. Featured image from Pixabay, chart from Tradingview.com

Bitcoin Price Flashes Golden Cross That Only Happens Once Every Cycle, What To Expect

Cryptocurrency compliance firm Bitrace found that $649 billion worth of 
stablecoins flowed through addresses classified as high-risk in 2024, 
according to an April 29 report. 
Bitrace defines high-risk blockchain addresses as those used by illegal 
entities to receive, transfer or store stablecoins.
Crypto compliance firms typically score crypto wallet addresses based on their 
likelihood of involvement in illicit activities. The higher the risk, the 
higher the likelihood of foul play, and the less likely compliant crypto 
businesses are to accept the assets.
Per the report, the amount accounted for roughly 5.14% of all stablecoin 
transaction volume in 2024. This is down 0.8% from 5.94% the previous year, 
but significantly higher than the 2.8% reported in 2022 and 1.63% in 2021.
_Proportion of high-risk stablecoin transactions. Source:__Bitrace_
 _**Related:**__**Americans lost $9.3B to crypto fraud in 2024 &#8212; FBI**_
## Tron USDT tops high-risk transactions
Tron-based USDt (USDT) dominates high-risk stablecoin transactions, with 
Bitrace data indicating that well over 70% of the volume moved on the network. 
The remaining high-risk stablecoin transactions are mostly Ethereum-based USDt 
and a small amount of USDC (USDC).
A likely explanation for the prevalence of USDT is likely due to its larger 
market capitalization and adoption compared with other stablecoins. At the 
time of writing, CoinMarketCap shows that USDt has a market cap of over $148 
billion, while USDC stands at over $62 billion.
Tron&#8217;s prevalence is not as easy to explain. Ethereum remains the more popular 
choice for most stablecoin users, with DefiLlama showing nearly $124.3 billion 
worth of stablecoins circulating on the network. Tron ranks second, with about 
$71 billion &#8212; almost 43% less than Ethereum.
When comparing USDT balances alone, Tron holds slightly more than Ethereum: 
47.4% of USDT supply, versus Ethereum&#8217;s 45.44%.
_High-risk inflows by stablecoin type. Source:__Bitrue_
 _**Related:**__**Tether stablecoin issuer and Tron launch financial crime 
unit**_
## Crypto gambling continues its rise
Bitrace also reported that in 2024, online gambling platforms processed $217.8 
billion worth of stablecoins &#8212; a 17.5% increase over the previous year.
Once again, USDT also dominated this type of activity. Still, USDC&#8217;s market 
share is rapidly rising, clocking in at 13.36% in 2024.
_Stablecoin inflows to gambling platforms. Source:__Bitrue_
The data follows recent reports that crypto casinos generated more than $81 
billion in revenue in 2024, even as regulators in key jurisdictions continued 
to block access to the platforms, according to a new report.
_**Magazine:**__**Ridiculous &#8216;Chinese Mint&#8217; crypto scam, Japan dives into 
stablecoins: Asia Express**_