Die Bitcoin-Bestände des Unternehmens sind nach dem jüngsten Kauf mit 553.555 BTC mehr als 50 Milliarden US-Dollar wert.
Sign token surges 80% after major exchange listings
- Sign (SIGN) price has jumped more than 80% amid multiple exchange listings, including on South Korea’s largest crypto exchange.
- Upbit plans to list SIGN trading pairs for Korean won, Bitcoin and Tether (USDT).
- Profit taking could derail Sign price momentum.
Sign (SIGN) is up more than 80% in the past 24 hours, skyrocketing as multiple exchanges and trading platforms list the token.
As of writing, the SIGN token traded near $0.13, up 85% and likely to rally further following its listing on Upbit, the largest cryptocurrency exchange in South Korea.
Market buzz as Sign surges
Sign is an omni-chain attestation protocol designed to power on-chain claims for identity, ownership, and credentials.
The Sign Protocol, which operates across multiple blockchains, aims to make attestation technology more accessible and user-friendly, embedding it into everyday digital interactions.
With services like Token Table for on-chain token distribution, EthSign for web3 signing, and the Sign Protocol for omni-chain attestation.
Meanwhile, the Sign (SIGN) token is the platform’s native token, used for gas fees, staking and airdrop rewards.
SIGN token’s remarkable price rally comes as Upbit, South Korea’s largest cryptocurrency exchange, announced the listing of the token.
It joins other platforms, including Bitget, Bitrue and Gate.io in adding support for the token.
신규 디지털 자산 사인(SIGN) 거래지원 안내
✅ 지원 마켓: KRW, BTC, USDT 마켓
📅 거래지원 개시 시점 : 추후 공지 예정🔗공지 바로가기:https://t.co/aXbkAJGAQB#Upbit #SIGN@ethsign pic.twitter.com/iFe88IcmGH
— Upbit Korea (@Official_Upbit) April 29, 2025
The hype amid these developments have seen Sign’s token price jump sharply.
Upbit plans to list SIGN with Korean won (KRW), Bitcoin (BTC), and Tether (USDT) trading pairs.
Upbit said in a notice that deposits/withdrawals will open three hours after the announcement.
However, the exchange did not provide an exact listing time for the token.
Why does Upbit listing matter?
South Korea is a major hub for crypto trading, and Upbit’s dominant position in the market has given SIGN a significant boost.
The exchange’s decision to support SIGN reflects growing confidence in the project’s potential, especially given the fact that South Korean investors have historically shown massive enthusiasm for digital assets. Its listing of the token could help push prices higher.
Notably, the trading volume of Sign (SIGN) has reached over $658 million, representing a staggering 1,462,136% increase in 24 hours.
CoinGecko analysts indicate the spike signals a sharp rise in sentiment and market activity.
Analysts are optimistic about its short-term trajectory, given the heightened trading volume and market interest.
Price discovery may see buyers extend beyond $0.13, with momentum continuation benefiting from overall market performance.
However, monitoring of whale activity could be key as is the fact that a reversal amid profit taking may be equally sharp and painful.
The post Sign token surges 80% after major exchange listings appeared first on CoinJournal.
SEC genehmigt drei XRP-Futures-ETFs von ProShares
Die beliebte Kryptowährung XRP bekommt diverse ETFs in den USA. Bis dato wurden jedoch nur Futures-Produkte zugelassen, keine Spot-ETFs.
Donald Trump speech looms: can Bitcoin leverage exchange outflows, safe haven status for $100K?
- Bitcoin climbed above $95,490 Monday ahead of Trump’s 100-day speech, eyeing policy clarity.
- Potential confirmation of a US Bitcoin strategic reserve could be a major catalyst towards $100K.
- Bitcoin shows resilience (YTD +5.6%) vs. US stocks (YTD -5%) amid tariff uncertainty, boosting safe-haven appeal.
Bitcoin demonstrated renewed strength on Monday, climbing back above the significant $95,000 mark as the broader financial markets turned their focus towards President Donald Trump’s upcoming 100-day policy review speech.
Amidst a complex macroeconomic backdrop shaped by Trump’s second term policies, on-chain data showing significant Bitcoin withdrawals from exchanges added fuel to bullish sentiment, prompting speculation about a potential push towards the $100,000 milestone.
Anticipation builds ahead of Trump’s 100-day review
After a period of consolidation, Bitcoin prices pushed higher, reaching levels above $95,490 according to CoinGecko data, marking an 0.8% gain over 24 hours and reflecting a robust 8.9% increase week-over-week.
This price action mirrored gains seen in US equity markets, particularly among top technology stocks, as investors awaited clarity from Trump’s address.
Crypto-related policies have been a notable feature of Trump’s second term thus far, and market participants are particularly keen for updates on proposals like the potential creation of a US Bitcoin strategic reserve.
A definitive announcement confirming the strategic reserve initiative could serve as a powerful catalyst, potentially triggering a rapid (“parabolic”) move towards and beyond $100,000.
Conversely, renewed emphasis on aggressive tariff strategies or drastic budget cuts in the speech could dampen overall market sentiment, potentially capping Bitcoin’s near-term upside despite its recent resilience.
Macro crosscurrents: tariffs, inflation, and Fed pressure
The first 100 days of Trump’s term have been marked by distinct policy trends influencing market dynamics.
While US inflation has continued its downward trend (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures widely warned by economists as potentially inflationary – creates tension.
The President has claimed victory over inflation while simultaneously pushing for policies that could reignite price pressures.
This backdrop informs Trump’s recently intensified calls for the Federal Reserve to cut interest rates, including public pressure and threats aimed at replacing Fed Chair Jerome Powell.
While these pronouncements have sparked market speculation, data from the CME FedWatch tool still indicates a dominant (90.1%) probability that the Fed will maintain current rates at its upcoming May 7 FOMC meeting.
However, the administration’s focus on tariffs (“impose across-the-board tariffs on most foreign-made goods”) continues to inject uncertainty into US stock markets.
This uncertainty appears to be bolstering Bitcoin’s narrative as a potential safe-haven asset, relatively insulated from direct geopolitical trade spats and supply chain disruptions.
Notably, Bitcoin has posted year-to-date gains of 5.6%, contrasting with declines seen in the S&P 500 and Dow Jones indices (down 5% YTD) during the same period.
Should Trump’s policies continue to foster volatility in traditional financial (TradFi) markets, Bitcoin’s perceived resilience could attract further capital inflows.
On-chain flows signal accumulation?
Adding weight to the bullish case is compelling on-chain data indicating significant Bitcoin movement off cryptocurrency exchanges.
Analysis from CryptoQuant reveals that investors have withdrawn over $4 billion worth of Bitcoin from tracked exchange wallets since Trump’s recent calls for rate cuts began around April 22.
Total exchange reserve balances reportedly fell from $237.8 billion to $233.8 billion during this period.
This trend of coins leaving exchanges is often interpreted bullishly, as it suggests investors are moving Bitcoin into private storage (“cold wallets”) for longer-term holding rather than keeping it readily available for sale on trading platforms.
This reduction in easily accessible supply, coupled with potentially steady or increasing demand triggers (like the safe-haven narrative or strategic reserve news), strengthens the argument for a potential price breakout.
Bitcoin tests $95K resistance, eyes $100K breakout
With demand factors seemingly active and exchange supply tightening, the technical picture comes into sharp focus. Bitcoin is currently testing the significant resistance zone around 95,000−95,500.
Successfully overcoming and holding above this level is seen as crucial for confirming the next leg higher.
The $100,000 psychological milestone remains the key upside target in the near term, with the confluence of macro uncertainty, potential policy catalysts from Trump’s speech, and supportive on-chain data suggesting the stage could be set for such a move.
The post Donald Trump speech looms: can Bitcoin leverage exchange outflows, safe haven status for $100K? appeared first on CoinJournal.
Sol Strategies in Invesco ETFs – Aktie legt stark zu
Sol Strategies sorgt derzeit für Schlagzeilen im Blockchain-Sektor. Nach der Aufnahme in wichtige Invesco-ETFs verzeichnete die Aktie einen deutlichen Kursanstieg.