ProBit Global Highlights:
Mavericks, the Stabull Finance Launchpad Round 2 is in full swing! 🚀
Participate here:
The ProBit Global x Stabull Finance AMA was held on Apr 29, 2025 and it had multiple winners! Follow our telegram channel for instructions on how to claim your rewards (if you are one of the lucky winners!), and stay tuned for the AMA Recap (coming soon!).
And remember, there is still time to be a part of this AWESOME project at its earliest stages! Don’t miss out!
Bitcoin Eyes $100K as Confidence Surges — Here’s What’s Fueling the Momentum
Bitcoin has surged to nearly $95,000, gaining 11% in a week, as investor confidence hits new highs. Despite short-term doubts, over $3.1 billion in spot ETF inflows and massive liquidations of short positions are pushing the price upward. Interestingly, Bitcoin is starting to break away from stock market trends, showing signs of becoming a truly independent asset. While some retail traders remain cautious, institutional investors are doubling down, signaling a possible breakout above $100,000. As market momentum builds, Bitcoin’s resilience is once again proving why it remains the dominant force in the crypto world.
Ethereum's Lead in Real-World Asset Tokenization is Growing—But Can It Keep It?
Ethereum is leading the charge in bringing traditional finance (TradFi) onto the blockchain, powering over half of all tokenized real-world assets (RWAs). Major institutions like BlackRock, Fidelity, and UBS are already building on Ethereum, with billions in tokenized treasuries and real estate flowing through the network. But while Ethereum offers unmatched decentralization, security, and institutional trust, it’s facing growing pressure from faster, cheaper blockchains like Solana and Aptos.
Some experts warn that Ethereum's dominance isn't guaranteed. If the Ethereum community doesn’t actively promote the idea that RWAs must live on Ethereum’s main chain, it could lose ground. While Ethereum L2s are improving speed and cost, other blockchains are evolving fast.
The message is clear: Ethereum may be winning now—but staying ahead in this $16 trillion race will take more than technology. It’ll take strategy, assertiveness, and a clear message that Ethereum is the only true settlement layer for the future of finance.
Visa & Baanx Bring USDC Spending to the Real World
Visa has teamed up with crypto card provider Baanx to launch a new kind of payment card that lets users spend USDC — a stablecoin pegged to the U.S. dollar — straight from their crypto wallets. Instead of converting crypto manually, the card uses smart contracts to move USDC in real time when a purchase is made. Baanx then instantly converts it to fiat for payment. Starting in the U.S., the card supports self-custodial wallets, giving users full control of their funds. This move brings real-world utility to stablecoins and could transform cross-border payments. Baanx is also working with Mastercard on a similar card for MetaMask users, signaling a bigger shift toward crypto-powered spending worldwide.
Did a $212M Bitcoin ‘Spoof’ Shake the Market?
On April 14, a massive $212 million Bitcoin sell order appeared on Binance — and then vanished. This sudden move sparked chaos among traders, raising suspicions of spoofing, a tactic where fake orders are placed to trick the market, only to be canceled before execution. Though illegal in traditional finance, spoofing remains a gray area in crypto, exposing retail traders to manipulation in low-regulated markets. Experts say this is a systemic issue that undermines trust and fairness. While Binance claims to monitor for suspicious activity, enforcement is inconsistent across the industry. As spoofing tactics evolve, calls are growing louder for exchanges and regulators to enforce stricter surveillance. If crypto wants to be taken seriously, it must outgrow these shadowy tactics and build a fairer trading environment for all.
Celsius Founder Faces 20-Year Prison Term for Massive Crypto Fraud
The U.S. Department of Justice is pushing for a 20-year prison sentence for Alex Mashinsky, the former CEO of collapsed crypto lender Celsius, accusing him of orchestrating a multibillion-dollar fraud. According to the DOJ, Mashinsky’s actions were not mistakes — they were calculated lies that left over $4.7 billion of customer funds locked when Celsius froze withdrawals in 2022. He allegedly pocketed $48 million while causing over $550 million in losses. His sentencing is set for May 8. The case has drawn over 200 victim statements and exposed the broader misconduct at Celsius, with co-founders Shlomi Leon and Hanoch Goldstein also charged. As regulators crack down, this high-profile case highlights the urgent need for accountability in crypto’s still-maturing ecosystem.
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