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#Key Insights The TAO token of Bittensor falls over 20% post-exit of Covenant AI, citing governance issues. Fears of centralization impact the sentiment of the crypto market negatively. Currently, TAO

#Key Insights The TAO token of Bittensor falls over 20% post-exit of Covenant AI, citing governance issues. Fears of centralization impact the sentiment of the crypto market negatively. Currently, TAO is testing the $250-$263 support level, which requires a recovery above $280. Price Plunge for TAO Due to Governance Issues The native coin of Bittensor named TAO fell dramatically by more than 20% to reach approximately $273. This dramatic price plunge came as a rude shock to many traders after witnessing steady gains by the token. The reason behind this selloff could be the unexpected departure of Covenant AI from the Bittensor network. Although departures happen all the time in blockchain projects, the reason why this departure became noteworthy was due to the substantial reputation that Covenant AI holds in the ecosystem. Changes in Market Sentiment Happen Quickly The news about Covenant AI being accused spread quickly throughout cryptocurrency circles, leading to a swift change in market sentiments. Investors who used to consider Bittensor a potential decentralized AI platform started rethinking the possible dangers related to governance transparency and sustainability in the long run. Apart from damaging the reputation of the project, the departure of Covenant AI also led to negative changes in terms of finances. The organization is said to have liquidated a significant number of TAOs, putting additional pressure on the already falling price of the asset. Moreover, as soon as traders saw how Covenant AI sold its tokens, they rushed to do the same to avoid losses. Thus, the market sentiment worsened quickly. The governance mechanism of Bittensor was accused of centralization and failing to distribute governance among many members of the network. Liquidity Puts Downward Pressure on TAO Price This led to massive selling by leveraged investors whose trades depended on further increases in the price. Their exits accelerated the downward trend. In other words, forced l

Key Insights The TAO token of Bittensor falls over

WL: Ethereum L2/Sidechain

Short-term success in crypto often comes from attention. Long-term success comes from structure. What we’re seeing with TRON DAO feels like a focus on the latter. Building layers: liquidity assets con

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with new developments influencing price dynamics across various tokens. Recently, a significant announcement from OKX Boost has the potential to reshape trading strategies and investment opportunities

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT! Leadership turmoil deepens at Ethereum Foundation as Josh Stark announces sudden exit A



Leadership turmoil deepens at Ethereum Foundation as Josh Stark announces sudden exit


A key leader, core member, and executive at the Ethereum Foundation (EF), Josh Stark, announced his resignation from the Swiss-based non-profit after five years of dedicated service, underscoring that leadership issues within the Ethereum Foundation are on the rise.

Stark’s decision sparked controversy, as he failed to disclose the key reason for his departure. What he noted on his X account was that he had not formulated any future objectives. Instead, Stark alleged that he is taking a break to spend time with family and friends.

“The Ethereum ecosystem has consistently achieved what many believed was impossible. It’s easy to forget how much real fear and doubt existed about whether Ethereum would ever launch, if decentralized finance (DeFi) would succeed, or if Proof of Stake would actually be implemented,” the senior EF official said.

According to reports, Stark is among four senior members of the Ethereum Foundation’s leadership team, with most staff reporting to this group. Attempts by journalists to seek further clarification on his resignation were unsuccessful, as he declined to comment.

The recent resignations in the Ethereum ecosystem have sparked concerns among individuals

The resignation comes amid broader concerns about turnover within the Ethereum ecosystem. Earlier, Danny Ryan, a Researcher at the EF, submitted a proposal to Ethereum’s primary co-founder, Vitalik Buterin, dated November 2024, regarding a significant transformation for the network. Notably, Ryan had served in the EF organization for seven years. The Ethereum Foundation acts as the primary governing authority for Ethereum.

Since its launch in 2014, analysts have noted that the foundation has consistently improved technology and decentralized power while expanding its user base

Leadership turmoil deepens at Ethereum Foundatio

On April 17, Bloomberg reported that Flow Capital Partners plans to launch its $150 million private credit fund on a blockchain platform based in Singapore by the end of this month, becoming one of th

Flow Capital to Launch $150 Million Private Credit Fund on Blockchain

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge XRP Price Prediction: Ripple Posting Biggest Gain Edging BTC and ETH – Why t

Claim1,200 USDT in the Monthly Creation Challenge

XRP Price Prediction: Ripple Posting Biggest Gain Edging BTC and ETH – Why the Sudden Surge?
XRP is outpacing both Bitcoin and Ethereum with a margin right now, and the prediction around its price is getting bullish. Trading at above $1.42, XRP records a 5% jump from yesterday, while Bitcoin and other major alts remain stuck.

The catalyst stack is building fast. Multiple analysts have converged on a $2.00 median bull-case target, while net inflows hit $17 million, the second-largest inflow day. Seven spot XRP ETFs now hold a combined $1 billion AUM, a legitimacy marker that was unthinkable eighteen months ago.

Meanwhile, Bitcoin and Ethereum are offering traders little directional conviction. XRP’s relative strength against both majors suggests something more specific is at work. Regulatory momentum, ETF flows, and technical structure deserve a precise breakdown.


XRP Price Prediction: Ripple Posting Biggest Gain

BASED: Hyperliquid’s On-Chain Super App

On April 17, the Islamic Revolutionary Guard Corps of Iran issued a statement declaring that both the IRGC and the Iranian military are prepared to deliver a strong response to any acts of aggression 

Iran Ready to Strongly Respond to Enemy Aggression

On April 17, local time, Iranian Foreign Ministry spokesman Baghaei stated that Iran welcomes the ceasefire achieved in Lebanon. Baghaei pointed out that the ceasefire between Lebanon and Israel is pa

Iranian Foreign Ministry Welcomes Ceasefire in Lebanon

📊 Bitcoin ETF Demand Increasing Bitcoin is seeing renewed attention due to rising demand from exchange-traded funds (ETFs). Recent reports suggest that institutional inflows are increasing again, whic

📊 Bitcoin ETF Demand Increasing

Bitcoin is seeing renewed attention due to rising demand from exchange-traded funds (ETFs). Recent reports suggest that institutional inflows are increasing again, which is providing strong support to the current price levels.

ETF activity is important because it represents long-term investment rather than short-term trading. When institutions enter through ETFs, it usually indicates confidence in Bitcoin’s future growth. This also reduces selling pressure in the market.

The steady inflow of capital is helping Bitcoin maintain stability even during uncertain market conditions. This is one of the key reasons why price is holding strong despite volatility in altcoins.

If this trend continues, Bitcoin could see sustained upward momentum in the coming sessions.

📊 Institutional support rising
📈 Long-term bullish signal

📊 Bitcoin ETF Demand Increasing Bitcoin is seein

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On April 17, according to data from HTX, as mainstream tokens like Bitcoin have recently stabilized, previously oversold altcoins have begun to rebound. Among them, ORDI has increased by 190% in the l

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