Michael Saylor continues to accumulate Bitcoin despite market uncertainties
Welcome to the Daily Tribune for Tuesday, April 15, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today, we are Tuesday, April 15, 2025, and as every day from Tuesday to Saturday, we summarize the latest 24-hour news you should not miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
🧭 Charles Hoskinson leaves Cardano, the project remains solid
Charles Hoskinson announces his departure from Cardano. He states that the project now has autonomous governance and a strong community.
💰 Michael Saylor acquires 285 million USD of Bitcoin
Michael Saylor, via his company Strategy, purchases 3,459 bitcoins for an amount of 285.5 million dollars, bringing his total holdings to 531,644 BTC.
📉 Bitcoin falls back after a 346 % imbalance in liquidations
On April 13, Bitcoin surpasses 86,000 dollars before falling below 84,000, due to a marked imbalance between long and short positions.
🚨 Crypto ETPs record 7.2 billion USD outflows since February
Since February, crypto investment products have experienced 7.2 billion dollars in outflows, nearly erasing the net inflows of January.
Crypto of the day: VeChain (VET)
VeChain is an enterprise-level smart contract platform designed to facilitate blockchain adoption in the real world. It stands out for its dual-token architecture:
VET: used as a store of value and for transferring value across the network.
VTHO: used to pay transaction fees, ensuring stable and predictable costs for businesses.
This separation helps maintain low and stable transaction fees, encouraging enterprise adoption. VeChain also integrates technologies such as the Internet of Things (IoT) and NFC chips to offer traceability solutions across various sectors, including logistics, healthcare, and food industry.
The VET token mainly serves to transfer value on the VeChain network. VET holders automatically generate VTHO tokens, which are used to pay transaction fees. This incentivizes holding VET, as the more you own, the more VTHO you generate, reducing your network usage costs. Moreover, VeChain offers a fee delegation mechanism, allowing companies to cover transaction costs for their users, thereby enhancing user experience.
Recent Performance
Current price: $0.0236 USD
24-hour change: +4.91 %
Market capitalization: approximately $2.03 billion
Rank on CoinMarketCap: #42
XRP at a crossroads: a key resistance under surveillance
XRP is currently at a strategic turning point, facing a major technical resistance around $0.67. This critical level could determine whether the recent bullish rally continues or stops.
The $0.67 threshold in the line of sight
After testing the resistance at $0.62, corresponding to the Fibonacci retracement of 0.702, XRP now moves within a channel bounded by this zone and the upper threshold of $0.67. A close above this level could open the way to more ambitious targets, between $0.75 and $0.85. Conversely, a rejection below this resistance could bring the price back to supports around $0.55.
Notable regional enthusiasm
Beyond technical considerations, XRP benefits from renewed interest, especially in South Korea, where it recently surpassed Bitcoin and Solana in volume on the Upbit platform. This regional dynamism strengthens the liquidity of the asset and indicates increased investor confidence in certain geographical areas.
XRP is at a decisive inflection point. The ability to break through the $0.67 resistance will determine the future direction of the market. Investors should remain vigilant, taking into account both technical signals and fundamental dynamics to adjust their positions accordingly.
