FIFA&#8217;s blockchain shift may enhance digital collectible scalability and innovation, impacting user experience and blockchain market dynamics. The post FIFA migrates from Algorand to new EVM-compatible blockchain for NFTs appeared first on Crypto Briefing.

FIFA migrates from Algorand to new EVM-compatible blockchain for NFTs

Bitcoin, altcoins, and the stock market are down on Wednesday after a series 
of weak economic data from the United States. Bitcoin (BTC) price dropped 
below $94,000, much lower than this month’s high of $96,000. Similarly, top 
altcoins like Ripple…

Why are Bitcoin and altcoins like XRP, Pepe, VeChain going down?

**Key points:**
 * Bitcoin&#8217;s 7-day volatility is the lowest in 563 days, signaling an impending range expansion.
 * Bitcoin&#8217;s breakout above $95,000 could swiftly take it to $100,000 and above.
 * Although the probability is low, traders should remain cautious about a pullback in the near term.
Bitcoin (BTC) has been trading in a tight consolidation near the $95,000 level 
for several days. K33 Research head of research Vetle Lunde said in a post on 
X that Bitcoin&#8217;s 7-day volatility has hit a 563-day low.
A range expansion usually follows a low-volatility period. Although it is 
difficult to predict the direction of the breakout, a tight consolidation just 
below a crucial resistance increases the likelihood of an upside rally. 
Several analysts are also optimistic that Bitcoin&#8217;s break will occur to the 
upside.
_Crypto market data daily view. Source:__Coin360_
Although signs point to a possible breakout to the upside, traders should 
remain cautious. Sometimes, short-term buyers book profits when the price 
fails to break out to the upside. That leads to a short-term pullback.
Could Bitcoin break above $95,000, or is a correction around the corner? How 
are the altcoins placed? Let&#8217;s analyze the charts of the top 10 
cryptocurrencies to find out.
## Bitcoin price prediction
Bitcoin bulls are struggling to push the price above the $95,000 barrier, but 
a minor positive is that the buyers have not ceded ground to the bears. That 
suggests the bulls have kept up the pressure.
_BTC/USDT daily chart. Source: Cointelegraph/TradingView_
The upsloping 20-day exponential moving average ($90,102) and the relative 
strength index (RSI) in the positive territory indicate the path of least 
resistance is to the upside. A break and close above $95,000 could swiftly 
propel the BTC/USDT pair to the psychological resistance at $100,000. Sellers 
are expected to vigorously defend the $100,000 obstacle, but if the bulls 
prevail, the pair could soar toward $107,000.
Sellers are likely to have other plans. They will try to yank the price to the 
20-day EMA, which is a strong near-term support to keep an eye on. A bounce 
off the 20-day EMA will keep the bullish momentum intact, but a break below it 
could sink the pair to the 50-day simple moving average ($85,645).
## Ether price prediction
Ether (ETH) is finding support at the moving averages, but the bulls have 
failed to resume the relief rally.
_ETH/USDT daily chart. Source: Cointelegraph/TradingView_
A break and close above $1,858 signals strength to the buyers. The ETH/USDT 
pair could then rally to the breakdown level of $2,111. Sellers are expected 
to aggressively defend the $2,111 level as a break above it suggests that the 
downtrend has ended. The pair could then skyrocket to $2,550.
On the contrary, if the price turns down and breaks below the moving averages, 
it signals a range formation. The pair could swing between $2,111 and $1,368 
for a while.
## XRP price prediction
XRP (XRP) turned down from the resistance line on April 28 and slipped below 
the moving averages on April 30.
_XRP/USDT daily chart. Source: Cointelegraph/TradingView_
If the price continues lower and closes below the moving averages, it suggests 
that the bears have seized control. The pair could then retest the critical 
support at $2. If this level also cracks, the XRP/USDT pair may plunge to 
$1.61.
The resistance line remains the key level to watch out for on the upside. If 
buyers pierce the resistance line, it suggests that the downtrend could be 
over. The pair may then ascend to $3.
## BNB price prediction
BNB (BNB) slipped below the moving averages on April 30, indicating that the 
bulls are losing their grip.
_BNB/USDT daily chart. Source: Cointelegraph/TradingView_
Buyers will have to quickly push the price back above the moving averages to 
stay in the game. A break and close above $620 indicates an advantage to the 
bulls and opens the doors for a rally to $644. Sellers may pose a substantial 
challenge at $644, but if the buyers prevail, the BNB/USDT pair could soar to 
$680.
Contrarily, a close below the moving averages suggests that the bears are 
trying to form a lower high. The pair could drop to $576 and then to $566, 
where the bulls are expected to step in.
## Solana price prediction
Solana (SOL) pulled back from the $153 resistance, but the bulls are trying to 
sustain the price above the 20-day EMA ($140).
_SOL/USDT daily chart. Source: Cointelegraph/TradingView_
Suppose the price rebounds off the 20-day EMA with strength; the likelihood of 
a break above the $153 resistance increases. If that happens, the SOL/USDT 
pair could pick up momentum and surge to $180.
Alternatively, a break and close below the 20-day EMA suggests that the short- 
term bulls are closing their positions. The pair may then slip to the 50-day 
SMA ($131), signaling a consolidation between $110 and $153.
## Dogecoin price prediction
Dogecoin (DOGE) has been range-bound between $0.21 and $0.14 for several days, 
indicating buying near the support and selling close to the overhead 
resistance.
_DOGE/USDT daily chart. Source: Cointelegraph/TradingView_
The flattish moving averages and the RSI just below the midpoint signal that 
the range-bound action may extend for a few more days. The trend will turn in 
favor of the bulls if they push and maintain the DOGE/USDT pair above the 
$0.21 resistance. That completes a double-bottom pattern, which has a target 
objective of $0.28.
On the downside, buyers are expected to vigorously defend the $0.14 support 
because a break below it could resume the downtrend toward $0.10.
## Cardano price prediction
Cardano (ADA) has been sustaining above the moving averages for the past few 
days, but the bulls have failed to start a strong rebound.
_ADA/USDT daily chart. Source: Cointelegraph/TradingView_
If the price skids below the moving averages, it will tilt the short-term 
advantage in favor of the bears. The ADA/USDT pair could drop to $0.58, which 
is expected to act as a strong support.
If buyers want to prevent the downside, they will have to swiftly push the 
price above the $0.75 resistance. If they do that, the pair could rally to 
$0.83, where the bears are likely to mount a strong defense.
_**Related:**__**Bitcoin macro indicator that predicted 2022 bottom flashes 
&#8216;buy signal&#8217;**_
## Sui price prediction
Buyers tried to push Sui (SUI) above the $3.90 overhead resistance on April 
28, but the bears held their ground.
_SUI/USDT daily chart. Source: Cointelegraph/TradingView_
Sellers are trying to strengthen their position by pulling the price below the 
38.2% Fibonacci retracement level of $3.14. If they manage to do that, the 
pair could plummet to the 20-day EMA ($2.89).
Conversely, if the price turns up sharply from the current level, the bulls 
will again try to kick the price above the $3.90 resistance. If they can pull 
it off, the SUI/USDT pair could rise to $4.25 and later to $5.
## Chainlink price prediction
The failure of the bulls to propel Chainlink (LINK) above the $16 overhead 
resistance has pulled the price to the moving averages.
_LINK/USDT daily chart. Source: Cointelegraph/TradingView_
The 20-day EMA ($13.93) is sloping up, but the RSI has dropped near the 
midpoint, suggesting that the bullish momentum is weakening. If the price 
rebounds off the moving averages with strength, the bulls will attempt to 
drive the LINK/USDT pair to the resistance line of the descending channel.
The first sign of weakness will be a break and close below the moving 
averages. That opens the doors for a fall to $11.68.
## Avalanche price prediction
Avalanche (AVAX) has dropped to the moving averages, which is likely to 
attract buying by the bulls.
_AVAX/USDT daily chart. Source: Cointelegraph/TradingView_
If the price rebounds off the moving averages, the bulls will again attempt to 
drive the AVAX/USDT pair above the overhead resistance. If they succeed, the 
pair will complete a double-bottom pattern. That could start a rally to the 
pattern target of $31.73.
If the price continues lower and breaks below the 50-day SMA ($19.68), it 
signals that the bulls have given up. That may keep the pair inside the $23.50 
to $15.27 range for a few more days.
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.

Price predictions 4/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Governments outside the US, including Singapore, are increasingly interested 
in stablecoins not tied to the US dollar, despite their currently limited 
liquidity, Fireblocks director of policy Dea Markova told Cointelegraph at 
Token2049.
In an exclusive interview, Markova described the competition with dollar- 
pegged stablecoins as &#8220;all about sovereignty.&#8221; She compared the situation to 
earlier tensions between governments and US payment giants like Visa and 
Mastercard. &#8220;Now we&#8217;re seeing the same dynamic with stablecoins &#8212; on a 
smaller scale for now &#8212; but they&#8217;re definitely emerging as a new arena for 
sovereign concerns,&#8221; she said.
According to Markova, dollar-pegged stablecoins operating in the European 
Union are already &#8220;having a massive headache,&#8221; particularly from central 
banks. &#8220;Even though they&#8217;re compliant and regulated, they&#8217;re having a fixed 
push back.&#8221;
_Dea Markova at Token2049. Source: Cointelegraph_
The European Central Bank is increasing pressure to accelerate the development 
of a digital euro, citing concerns over the systemic impact of dollar-linked 
stablecoins within the eurozone.
On April 29, the Bank of Italy released a report saying dollar-pegged 
stablecoins&#8217; reliance on US Treasury bonds could increase systemic risk 
vulnerabilities.
Stablecoins&#8217; market capitalization is dominated by dollar-pegged coins, 
especially Tether&#8217;s USDT (USDT) and Circle&#8217;s USDC (USDC). According to 
DefiLlama, those two coins combine for $210.9 billion (or 87.2%) of the $241.8 
billion total market cap for such tokens. In fact, all 10 of the top 
stablecoins are pegged to the dollar.
_Top 10 stablecoins by market cap. Source:__DefiLlama_
For Markova, the situation is similar to previous conflicts between 
governments and US payment giants like Visa and Mastercard. &#8220;Now we&#8217;re seeing 
the same dynamic with stablecoins &#8212; on a smaller scale for now &#8212; but they&#8217;re 
definitely emerging as a new arena for sovereign concerns,&#8221; she said.
## UAE ahead on &#8216;regulatory thinking&#8217;
Markova added that the United Arab Emirates is &#8220;definitely ahead in its 
regulatory thinking&#8221; on stablecoins. She cited Abu Dhabi as an example, noting 
that the emirate does not require stablecoin issuers to be domiciled or 
licensed locally, unlike the regulatory approach in Europe.
Markova explained that Abu Dhabi&#8217;s approach is to conduct its due diligence on 
global stablecoins and decide whether local exchanges can offer them. &#8220;[&#8230;] 
is a far more reasonable approach to give local businesses access to global 
liquidity and payments.&#8221;
In December 2024, USDT was approved as a recognized virtual asset in Abu 
Dhabi, followed by Circle receiving regulatory approval for USDC on April 29. 
Meanwhile, Abu Dhabi institutions are collaborating on the launch of a 
regulated dirham-pegged stablecoin.
_**Related:**__**ECB exec renews push for digital euro to counter US 
stablecoin growth**_

Global demand grows for non-dollar stablecoins, says Fireblocks exec

Cardano has surpassed Ethereum in central developer activity, a dramatic turn 
that disputes its long-held status as a &#8220;ghost chain.&#8221; The development has 
kindled fresh optimism among investors that Cardano&#8217;s price may soon 
experience significant increases. Related Reading: Only XRP? Expert Claims 
That’s All You Need To Succeed Developer Numbers Reflect Shocking Flip 
According to data platform Cryptometheus, Cardano now ranks first in 
blockchain development with 21,439 GitHub commits over the past 12 months. 
These commits span 550 core repositories, putting Cardano ahead of Ethereum&#8217;s 
20,962 commits during the same period. The data indicates activity in 12 
fundamental Cardano projects, with the wider ecosystem demonstrating activity 
in 36 projects. This wave of developments has driven activity in 4,276 GitHub 
repositories, offering tangible proof to counter accusations that Cardano is 
not being utilized in the real world. Ethereum Faces Increased Competition 
Ethereum&#8217;s ranking in second place is what some refer to as an &#8220;underwhelming 
year&#8221; for the network. The network lagging behind in terms of developer 
numbers comes as Cardano founder Charles Hoskinson speculates that Ethereum 
will collapse by 2040. Hoskinson cites several reasons for his prediction: old 
tech, layer 2 solution fragmentation, and declining developer participation. 
This criticism comes at a sensitive moment since Ethereum is also struggling 
with Internet Computer, which is currently ranking third in developer 
activity. The Ethereum Foundation has set out a new vision for scaling its 
layer 1 capabilities, which could reverse the trend of developer 
disengagement. Price Predictions Follow Development Success Cardano&#8217;s 
cryptocurrency, ADA, is currently trading at $0.69 and seems to be maintaining 
crucial support levels. This steadiness, coupled with the uptick in developer 
activity, has prompted analysts to forecast substantial price increases. 
Crypto analyst &#8220;Token Talk&#8221; proposes ADA might observe a 100% jump to 
$1.20-$1.30 within the existing market cycle. Looking further down the line, 
the analyst estimates a possible value of $10 by 2029. $ADA sideways around 
$0.70, but holding key support! 💪 Analysts eye potential 100% recovery to 
$1.20-$1.30. Long-term bullish case for $10 by 2029! #Cardano #ADA #Crypto 
#Bullish pic.twitter.com/tUeVXJaRlM — Token Talk (@TokenTalk3x) April 29, 2025 
Technical indicators are also supportive of shorter-term optimism. The golden 
cross pattern has traders looking for the $1 level, with around $20 million of 
ADA having just transferred off exchanges recently – widely regarded as a 
bullish sign. Related Reading: Bold Call: Bitcoin Could Soar To $210K This 
Year, Says Research Chief Strategic Partnerships Fuel Ecosystem Growth Cardano 
is making efforts to expand its ecosystem with strategic alliances, such as an 
upcoming integration with XRP for its Lace Wallet. As reported, the alliance 
is intended to establish mutual gains for both blockchain networks. The 
alliance will look to improve price performance for both tokens as well as 
increase the real-world uses of their respective ecosystems. The move is 
consistent with Cardano&#8217;s overall effort to drive up adoption and use on its 
platform. For Cardano enthusiasts, the convergence of top developer metrics, 
strategic collaborations, and upward price indicators portends that the 
project might be finally shaking off its &#8220;ghost chain&#8221; stigma. Featured image 
from Techbuild Africa, chart from TradingView

Code Wars: Cardano Claims The Crown From Ethereum In Core Development

Eric Trump said traditional banks could “be extinct in ten years” unless they 
embrace cryptocurrency and blockchain, telling CNBC that today’s financial 
plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a 
Disaster,’ Blockchain Does It Better Eric Trump, executive vice president of 
the Trump Organization, argued that legacy rails such as the […]