Crypto Price Today : Mantra OM Crash, Bitcoin Price,Gold Price, Metaplanet INC And More

The post Crypto Price Today : Mantra OM Crash, Bitcoin Price,Gold Price, Metaplanet INC And More appeared first on Coinpedia Fintech News April 14, 2025 07:53:19 UTC What’s Happening In Crypto Today? The global crypto market cap dipped 0.57% to $2.67 trillion, while the 24-hour trading volume rose 6.79% to $82.95 billion. The Fear & Greed Index remains in “Fear” at 29. Bitcoin held steady at $84,459, with Ethereum and Solana posting modest gains. Flare led the top gainers, soaring nearly 16%, followed by MANA and RAY. On the downside, OM plummeted over 87%, making it the biggest loser, with JASMY and MOVE also seeing double-digit losses. April 14, 2025 07:34:02 UTC Metaplanet Becomes Top 10 Public Bitcoin Holder Metaplanet Inc. has become the ninth-largest public Bitcoin holder after acquiring 319 BTC at an average price of $83,147. This brings its total holdings to 4,525 BTC, valued at over $408 million. The move is part of a strategic treasury expansion launched in December 2024 aimed at boosting shareholder value. With a BTC Yield of 95.6% in Q1 2025 and 6.5% year-to-date, the company is leveraging capital market tools to scale its Bitcoin reserves without significant shareholder dilution. April 14, 2025 07:31:18 UTC Gold-Backed PAXG, XAUT Surge as ETF Inflows Hit 3-Year High Gold-backed cryptocurrencies like PAXG and XAUT have surged over 23% year-to-date, closely tracking gold’s rally and outperforming the broader crypto market. Their rise mirrors a significant spike in gold ETF demand, which hit a three-year high in Q1 2025. With over $42.7 million in new token minting, tokenized gold offers investors a digital gateway to real-world assets amid macroeconomic uncertainty. This growing interest signals a shift toward safe-haven assets amid ongoing global tensions. April 14, 2025 07:25:25 UTC Crypto Now Seizable by Law In Brazil! In a landmark ruling, Brazil’s National High Court (STJ) authorized the seizure of cryptocurrency assets to settle debts. The decision allows judges to request data directly from exchanges if no funds are found in the banking system. Recognizing crypto as a taxable asset and store of value, the court affirmed its role in financial settlements. Although operational challenges remain, a system to streamline crypto asset seizures is underway. This overturns earlier rulings citing a lack of regulation and confidentiality concerns. April 14, 2025 07:08:23 UTC BRICS Plans Payment System to Bypass Western Sanctions? Global analysts suggest the upcoming BRICS payment system could significantly weaken the U.S. dollar’s dominance in global trade. Experts highlight key advantages, including lower costs, sanctions evasion, and reduced reliance on Western financial infrastructure. Anton Tabakh emphasized that the lack of alternatives has long upheld the dollar’s supremacy, but new systems could change that. Alexander Ignatov also noted the system’s potential to democratize trade. Russia confirmed the BRICS platform would be open to non-member countries, broadening its impact. April 14, 2025 07:08:23 UTC XRP Price Rebounds: Can It Break Past $2.25? XRP has turned bullish, breaking above the $2.050 resistance and currently consolidating above $2.10. A key bullish trend line supports the price near $2.10 on the hourly chart. For further gains, XRP must close above $2.20, with the next targets at $2.25 and $2.32. On the downside, support lies at $2.080 and $2.00. The RSI is above 50, and the MACD is gaining bullish momentum, indicating growing upside potential if XRP holds key support zones. April 14, 2025 07:04:02 UTC Gold Hits Record $3,245: Goldman Sachs Predicts $4,500 Peak Gold has soared to a record high of $3,245, prompting Goldman Sachs to raise its 2025 year-end forecast to $3,700, with a bullish target of $4,500. A post by Moby AI highlights that the key drivers include aggressive gold accumulation by emerging market central banks, a potential comeback of gold ETFs amid looming rate cuts, and rising global uncertainty fueling safe-haven demand. The post also highlights the role of speculators, suggesting fear-driven momentum could send prices even higher. April 14, 2025 06:56:58 UTC OKX CEO Calls OM Collapse a Major Crypto Scandal OKX CEO Star called the OM token collapse a major scandal, shaking the entire crypto industry. He emphasized that all on-chain unlocking and recharge data are publicly accessible, and the collateral and liquidation activity across major exchanges can be fully investigated. In response to growing concerns, OKX has committed to preparing and publishing all relevant reports. The statement signals a push for greater transparency and accountability in the aftermath of the OM token’s dramatic price crash. April 14, 2025 06:53:29 UTC Nine Chinese Sentenced for $6M USDT Fraud Targeting Indians A Chinese court has sentenced nine individuals to prison terms ranging from five to fourteen years for orchestrating a USDT fraud scheme targeting Indian citizens. According to Wu Blockchain , the group defrauded approximately 66,800 Indians, scamming a total of around US$6 million. The case highlights the growing risks associated with crypto-related frauds and the need for cross-border cooperation in tackling digital financial crimes. The convicted fraudsters will also face additional penalties, including fines and asset seizures. April 14, 2025 06:43:26 UTC Mantra Crypto Crashes 90%: Reckless Liquidations or Insider Panic? MANTRA’s OM token plummeted 90%, wiping out around $5 billion in market value amid insider sell-off allegations. The crash saw OM’s price drop to $0.7748, down 87.66% in 24 hours, with a market cap of $751 million. Trading volume spiked 2979% to $2.25 billion. Co-founder JP Mullin denied abandonment rumors, assuring, “We are here and not going anywhere,” while sharing the team’s wallet. MANTRA attributed the collapse to “reckless liquidations,” distancing the team from direct involvement.