Cryptonews

Yes, you heard that right. The place you might have thought was just famous for its charming medieval old town and seemingly endless bridges has now outshone crypto-heavyweights like Hong Kong and Zurich. Both of these cities, by the way, ended up tying for second place in the Crypto-Friendly Cities Index (2025 edition), because why not make it extra confusing? 🏙️💸

Until now, swapping your sacred USD stablecoins for their more exotic brethren or shiny RWAs was akin to bargaining in a market run by cats: unpredictable, expensive, and you’d need a proper sorcerer’s guide to understand the ritual.

But, as if hit by the cold slap of reality (or bad coffee), it promptly reversed on April 23rd, erasing almost all that week’s gains faster than you can say “what just happened?”

With leveraged positions stretching past a dizzying $10 billion, the market is wound tighter than a grandmother’s knitting needles, and you just know it’s about to unravel spectacularly — but in which direction?

The news broke on April 23, and yes, it’s official! 🎉 KuCoin Thailand is now a fully licensed digital asset service provider, offering secure, expert services that match international standards (so you don’t have to worry about your crypto vanishing into thin air). They’ve got all the right moves, tailor-made for the Thai market. 🏆

So, what’s the deal? Well, in his most recent outpouring on X (don’t ask me why it’s called X, because I have no idea), Wu delivers the news with the gravity of a man who’s just discovered fire. ADA has *officially* broken out of its downward spiral, and if you’re not paying attention, you might miss the “classic bullish reversal indicator” flashing before your eyes like a neon sign in a desolate town square. A sign of strength, of momentum, of hope… or, you know, just a random blip on the chart. Who’s to say? 🤷‍♂️

First of all, let’s talk about Dogecoin’s Futures Open Interest (OI). Sounds fancy, right? It’s not just any interest—it’s the kind of interest that makes investors salivate. Over the past two weeks, Dogecoin’s OI surged from a paltry $1.3 billion to a much more respectable $2 billion. It’s like watching your investment grow while eating potato chips on the couch. Meanwhile, whales (and no, I don’t mean the aquatic kind) are making moves—led by fund managers like 21Shares, who seem to think a spot DOGE ETF is just what the crypto world needs.

Chatting with CryptoMoon, Arjun admitted Ethereum and those speedy, all-in-one blockchains are as different as a steamboat and a river raft rattling down the Mississippi. But Ethereum’s chosen trick—scaling by stacking a whole mess of layer-2 solutions—gives it a hidden gem:

Bitcoin reserves on exchanges have dropped to a measly 2.6 million BTC, the lowest since 2018. Fidelity Digital Assets is practically yelling this news from the rooftops right here. They say since November 2024, over 425,000 BTC have packed their bags and left exchanges. And wait for it—public companies have scooped up almost 350,000 BTC, right after the U.S. election drama (politics + crypto? Sure, why not). Apparently, corporate buyers have been splurging on 30,000 BTC every month in 2025. Wow, big spender energy.

The crypto market recently saw a bit of a breather after a thrilling rally earlier this week, and guess who showed up to support the party? Bitcoin, with its triumphant return above the $94,000 mark. This momentary surge gave traders hope (and probably some needed coffee). However, as altcoins took a breather in the market-wide correction, a few could soon find their groove again. Enter Dogecoin, Solana, and ONDO—your altcoin heroes for the coming weeks! ⚡