Today's Top Crypto Headlines:

SEC Chair Backs Bitcoin | Ubisoft's Web3 Game | $635M Liquidated Fast and more...

Author

King Fatrick Gil Añasco
April 24, 2025

Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

  1. SEC Chair Supports Bitcoin: New SEC Chair Paul Atkins is winning praise from crypto leaders like Michael Saylor for his pro-Bitcoin stance and openness to dialogue.

  2. 📈Technical Analysis Masterclass - Trump’s memecoin just pumped nearly 60%, and the crypto crowd is buzzing. Watch UseTheBitcoin’s latest Youtube video “The Trump Coin Hype Is BACK. But Will It Last?” before you FOMO in or join our Official Telegram Channel for more alpha! 

  3. Ubisoft Launches Web3 Game: Ubisoft and Immutable unveiled Might & Magic: Fates, a blockchain card game with NFT trading.

  4. 💡Feature of the Day - $635M Crypto Liquidation: Over $635M in positions were wiped out in 24 hours, with Bitcoin short sellers hit hardest as BTC surged past $94K.


    All this and more in today’s headlines!

📰 News Highlights:

SEC Chair Backs Bitcoin [Source][Source][Source]

Newly appointed SEC Chair Paul Atkins is being hailed by key crypto leaders as a positive force for Bitcoin.

Michael Saylor and T. Rowe Price’s Blue Macellari praised Atkins for his openness to crypto, noting his engagement with the industry via multiple roundtables and his potential to create thoughtful regulatory policies.

Atkins’ leadership could lead to long-awaited clarity around crypto asset classification and custody rules, unlocking a new wave of product innovation.

 📈Technical Analysis Masterclass:

🧠 Hype vs. Reality: What the Charts Say

  • 4-Hour Chart shows a bullish breakout — price smashed through all moving average ribbons.

  • Momentum is strong — but this is mostly news-driven, not organic.

  • Short-term uptrend looks promising, but sustainability is questionable.

⚠️ Remember the Last Pump?

  • Trump Coin surged big last time after similar promotions.

  • But once whales exited, the crash was brutal.

  • Retail traders got liquidated — don’t let that be you.

🛡️ Smarter Strategy: DCA, Not FOMO

If you’re thinking of buying, avoid diving in at the top. Instead, try this:

Suggested DCA Plan:

  • First buy: $12

  • Second buy: $11

  • Third buy: $10

✅ Helps manage risk
✅ Averages down entry price
✅ Gives breathing room during volatility

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

Ubisoft's Web3 Game [Source][Source][Source]

Ubisoft has teamed up with Immutable to launch Might & Magic: Fates, a blockchain-enabled card game merging strategy and NFT trading.

The title will be available on iOS and Android and will leverage Immutable’s Web3 infrastructure, allowing players to truly own and trade digital assets.

The game promotes a skill-based progression system without paywalls, where players advance by collecting cards and crafting tactical strategies.

💡 Feature of the Day: 

$635M Liquidated Fast [Source][Source][Source][Source]

Over $635 million in crypto positions were liquidated within 24 hours, with Bitcoin short traders bearing the brunt as BTC surged past $94,000.

A massive $293 million in short positions was wiped out, sparking speculation of a potential short squeeze toward $100,000.

Analyst Mister Crypto highlighted building liquidity at the $100K level, suggesting many traders may be forced to buy back in if BTC nears that price.

😂 Crypto Meme of the Day: 

Meme of the day provided by @bitbo

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com