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Performance of Hard Assets Bitcoin and Gold ‘Remains Remarkable:’ Glassnode

The macroeconomic environment remains uncertain as global trade relations realign, reported onchain analytics firm Glassnode on April 16. However, it added that “the performance of hard assets remains remarkable,” citing gold’s all-time high and Bitcoin holding above $80,000 despite the headwinds . “One could consider this a fascinating signal as the foundations of the financial system enter a period of transition and change,” the analysts noted . The macroeconomic environment remains uncertain as global trade relations realign. Still, the performance of hard assets remains remarkable, with gold surging to new ATH of $3300 and #Bitcoin holding above $80k. Discover more in the latest Week On-Chain: https://t.co/FWiMuimRUk pic.twitter.com/W4136o3dgx — glassnode (@glassnode) April 16, 2025 Gold at ATH Volatile US Treasury yields swinging from 3.7% to 4.5% have created major turbulence in financial markets, affecting both bonds and equities. The MOVE and VIX indexes reflect this high volatility. The former measures expected volatility in the US bond market, while the latter measures expected volatility in the US stock market. Both reflect market stress; when they spike, investors are nervous. Bitcoin has seen its largest drawdown of this cycle at around 32%, but this remains milder than in past cycles, indicating stronger investor confidence and demand resilience, it noted. Glassnode reported that the median drawdown for the current cycle is “considerably shallower” than all previous cases. Additionally, corrections since 2023 have been shallower and more controlled in nature, “suggesting a more resilient demand profile, and that many Bitcoin investors are more willing to hodl through market turmoil.” It noted that currently, profit and loss-taking activities are “relatively balanced,” which results in a relatively neutral rate of capital inflow, which could lead to extended consolidation. Meanwhile, gold prices hit an all-time high of $3,354 per ounce on April 16, having gained a whopping 26% since the beginning of this year as investors flee to safe-haven assets. “As the world adjusts to changing trade relationships, Gold and Bitcoin are increasingly entering the centre stage as global neutral reserve assets.” Bitcoin Price Outlook Bitcoin hit an intraday high of $85,300 on Wednesday but has fallen back since to trade at around $84,340 during the Thursday morning Asian session. The asset has been very tightly range-bound at this price level for the past five days and trading within a wider channel since the beginning of March. The three-month downtrend is still intact, but it is shallowing out, which could lead to a longer period of consolidation before any breakout. $BTC Holding up better than stocks, for now. If equities keep nuking I expect BTC to do what it does best which is catch up and then overperform to the downside. pic.twitter.com/x9EYsKUAoV — Mayne (@Tradermayne) April 16, 2025 The post Performance of Hard Assets Bitcoin and Gold ‘Remains Remarkable:’ Glassnode appeared first on CryptoPotato .

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Binance India Enters Full Compliance with Re-Verification

Binance India has announced a comprehensive initiative to ensure full regulatory compliance within the country, mandating a thorough re-verification process for all its users. This move underscores the cryptocurrency exchange’s commitment to adhering to local regulations and fostering a secure and compliant trading environment for its Indian user base. Implementing Mandatory KYC Re-Verification The mandatory … Continue reading "Binance India Enters Full Compliance with Re-Verification" The post Binance India Enters Full Compliance with Re-Verification appeared first on Cryptoknowmics-Crypto News and Media Platform . Crypto Potato

Could $250 in BTC, XRP, and Ethereum Jump to $25K?

It’s a question that crypto investors are revisiting in 2025: Can a small entry turn into a big return? Bitcoin (BTC) , Ethereum (ETH) , and XRP are holding strong—and analysts still believe there’s room for them to grow. But for $250 to transform into $25,000 , there’s only one altcoin that insiders are pointing to right now—and that’s MAGACOINFINANCE , the most watched early stage altcoin of the year , and it’s gaining traction across every major investor platform. FINAL CALL — ACT NOW & SECURE YOUR SPOT! MAGACOINFINANCE: The Top 25x Presale Altcoin Set to Outperform BTC, XRP, and SOL in 2025 While BTC may 2x, ETH may 3x, and XRP might hit a solid 4x over time, MAGACOINFINANCE is still positioned at the ground floor of a potential 25x breakout . The presale is in full swing, the buzz is accelerating, and early adopters are locking in access before it hits mainstream headlines . The value isn’t just in its price—it’s in the momentum. With the MAGA50X bonus offer still live , investors are capitalizing on a once-per-cycle launch setup. ACT NOW — STAGE 6 SOLD OUT Why MAGACOINFINANCE Is Dominating the Presale Scene This project isn’t coasting on hype. MAGACOINFINANCE has a detailed roadmap, early network traction, and consistent daily growth across X, Telegram, and crypto presale trackers. More importantly, it offers what few projects can: Early positioning before exchange listings Built-in 25x ROI potential A clear window for aggressive entry Bonus rewards that reward early believers Presales like this don’t come often. And when they do, they don’t stay hidden for long. 50% EXTRA BONUS LIVE — USE CODE MAGA50X BEFORE IT’S GONE! ETH, ADA, BCH, and XLM: Steady, But Not Explosive Ethereum (ETH) is still powering the DeFi economy. Cardano (ADA) remains a strong smart contract layer. Bitcoin Cash (BCH) and Stellar (XLM) continue to support real-world transactions. These assets have staying power—but none of them offer the pre-viral exposure or immediate upside potential that MAGACOINFINANCE is delivering in real time. Conclusion BTC, ETH, and XRP will always be at the foundation of crypto investing—but in 2025, the coin that could actually flip a $250 bet into something massive is MAGACOINFINANCE . It’s early. It’s moving. And it’s the kind of presale project that investors remember years later. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Could $250 in BTC, XRP, and Ethereum Jump to $25K? Crypto Potato