Crypto News Today : Bitcoin Sell Off, Silver Price Today, Bitcoin News, Coinbase on Crypto Market

A new Coinbase Research report warns that the 41% plunge in altcoin market cap, from $1.6T in Dec 2024 to $950B by mid-April 2025, could mark the onset of another crypto winter. With VC funding down 50–60% and macroeconomic uncertainty gripping decision-makers, investor caution is mounting. The COIN50 Index confirms persistent bearish sentiment. While Coinbase sees potential stabilization by mid-to-late Q2 2025, it advises a defensive stance in the near term amid ongoing structural pressures.

Canada’s inflation dropped from 2.6% in February to 2.3% in March, driven by lower fuel prices and discounted U.S. travel. According to Statistics Canada, airfares to the U.S. fell by 12%, and travel tours dropped 4.7%. This decline comes amid a contentious election where President Trump’s comments about annexing Canada as the “51st state” have fueled political backlash. The shift in public sentiment has boosted the Liberal Party’s chances, despite growing concerns about the country’s economic challenges.

Crypto markets today saw impressive surges, led by Raydium (RAY), which jumped 15.20% to $2.36, backed by a massive 49.93% surge in trading volume. Fartcoin followed closely with a 10.09% gain, hitting $0.9149 as interest in meme coins reignites. Meanwhile, Hyperliquid (HYPR) rallied 12.61% to $16.54, with volume climbing 25.23%, signaling rising momentum. The bullish moves reflect growing investor appetite across DeFi, DEX, and meme coin sectors.

Janover Inc., a fintech firm connecting commercial real estate professionals via AI-powered software, has partnered with BitGo, a leading crypto custody and staking provider, to accelerate its Solana (SOL) accumulation strategy. Through BitGo’s OTC desk, Janover will acquire discounted locked SOL tokens under vesting or project-specific restrictions, held long term and staked to boost SOL yield. BitGo’s custody network and token visibility offer Janover strategic access to this undervalued SOL supply, reinforcing its commitment to the Solana ecosystem.

XRP is trading at $2.08, up 1.94%, with a 24-hour high of $2.12. The RSI stands at 47.69, indicating neutral momentum, while the price hovers just above the 9-day SMA of $2.0785, suggesting a potential short-term breakout. Despite sideways action, slight bullish pressure is forming. If XRP sustains above $2.10, it could test higher resistance. However, a dip below $2.04 could attract sellers

Polymarket traders are 90% confident that Bitcoin could touch $82K on April 18, as bullish sentiment returns. Santiment reports a shift in Bitcoin’s social sentiment to bullish with a score of 1.973, up from neutral. Traders cite global liquidity and economic factors as key drivers. BTC currently hovers around $84.7K, and a reclaim of $85K could trigger $254M in short liquidations, per CoinGlass. Despite optimism, the Crypto Fear & Greed Index still signals fear at 30/100.

Raydium has launched LaunchLab, a memecoin creation platform aiming to rival Pump.fun. LaunchLab offers free token launches, customizable bonding curves, and zero migration fees. Tokens raising 85 SOL graduate to Raydium’s AMM with 10% trading fee share for creators. Following the news, RAY surged 14% before correcting. Meanwhile, PumpSwap continues gaining traction, hitting $460M in daily volume on April 17 and surpassing $7.3B total volume since its March 22 launch.

Dubai-based DWF Labs has expanded into the U.S. with a new office in New York City and a $25 million purchase of World Liberty Financial (WLFI) governance tokens. The move aims to boost institutional partnerships, regulatory engagement, and local hiring. DWF Labs will also provide liquidity for the USD1 stablecoin, using its advanced infrastructure. The firm highlights the U.S. as a key hub for digital asset innovation, supporting the development of next-generation financial systems in collaboration with WLFI.

Glider, a self-custodial DeFi platform, has raised $4 million in a funding round led by Andreessen Horowitz, with backing from Coinbase Ventures, Uniswap Ventures, and GSR. Aimed at making crypto trading more user-friendly, Glider will integrate AI to automate fund management while ensuring users retain full asset custody. Set to launch in the coming months, the platform will charge a management fee. This move aligns with rising investor comfort with AI-driven financial tools and growing demand for secure, self-custodial solutions.

On April 16, U.S. spot Bitcoin ETFs faced a total net outflow of $170 million, with Fidelity’s FBTC accounting for the largest share at $114 million. Meanwhile, spot Ethereum ETFs saw $12 million in outflows, marking the seventh straight day of losses. The steady outflow trend highlights growing caution among investors in the crypto ETF space, as both Bitcoin and Ethereum products continue to face sustained selling pressure.

Hong Kong’s SFC has approved Ethereum staking services, enabling ChinaAMC to launch a staking-enabled Ether ETF with OSL by May 15. This marks a key step in Hong Kong’s push to become Asia’s digital asset hub. OSL, an SFC-licensed platform, partners with Kiln to manage Ethereum validators. The ETF allows investors to earn staking rewards, which are added to its net asset value. This development boosts compliant institutional access to Ethereum’s proof-of-stake ecosystem while meeting regulatory and security standards.

Solana has attracted over $120 million in liquidity from other blockchains in the past 30 days, led by Ethereum and Arbitrum. This surge comes amid strong memecoin rallies and renewed network activity. However, technical indicators show bearish divergence, suggesting possible short-term corrections. With $130 emerging as a key support zone, SOL must close above $147 for a bullish trend reversal. Traders remain cautiously optimistic as Solana consolidates and attempts to break through resistance levels.

The Gold-Silver ratio has surged past 100:1, signaling a rare divergence in precious metals. Gold continues its upward run, while Silver recently broke below its $32.60 support, now trading at $32.47. Resistance is seen at $33.48 and above. Despite historical tendencies to mean-revert, analysts advise caution against betting on a reversal. Instead, risk-managed long positions in Silver using algorithmic trading systems are favored.

Tensions escalate as China warns it will ignore the U.S. “tariff numbers game,” following the Trump administration’s announcement of tariffs up to 245% on Chinese imports. The White House accused Beijing of retaliating and restricting exports of rare earth materials crucial for the tech and defense sectors. In response, China hiked tariffs on U.S. goods to 125% and lodged a WTO complaint. Beijing slammed the U.S. move, calling it a threat to global trade norms.

Ripple’s decade-long legal battle with the SEC is nearing its end, but a crucial step remains. Ripple seeks an “indicative ruling” from Judge Torres to resume private XRP sales, which is vital for a future IPO. While a settlement is on the table, legal delays could stretch the outcome into 2027. Meanwhile, XRP price has surged 20%, reclaiming $2. Analysts now eye a parabolic rally, predicting a potential rise to $10 if bullish patterns and legal clarity align.