[PRESS RELEASE – Dublin, Ireland, April 11th, 2025]

AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org, marking the beginning of a public-interest initiative built on institutional credibility and advanced blockchain technology. Headquartered in Ireland with recognized legal status under EU law, the Foundation is positioned as a global nonprofit entity committed to reshaping the future of public trust and sustainable development by bridging governments, civil society, and the tech community.

The Foundation’s governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Ireland and a key architect of the Good Friday Agreement. Board members include Lawrence Gonzi (former Prime Minister of Malta), Péter Medgyessy (former Prime Minister of Hungary), Danilo Türk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).

The Foundation is actively expanding its global advisory board, bringing together respected figures from all five continents—including former presidents, scientists, diplomats, and cultural leaders—to guide strategic planning and foster international collaboration in delivering impactful social initiatives.

At the heart of the Foundation’s mission lies a commitment to public good: advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aims to build a “verifiable model of cooperative goodwill,” powered by transparent governance and next-generation technology. As its founders emphasize, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation.”

AB Charity Foundation is technically supported by AB DAO, which provides the blockchain infrastructure underpinning the Foundation’s operations. Through smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain are directed into a dedicated charity pool. This mechanism enables a new operational model for charitable funding—combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance.

In addition, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also be directed into the Foundation’s pool. The fund has already supported dozens of projects, with more initiatives in the pipeline—strengthening the financial sustainability of the Foundation’s mission.

By leveraging blockchain’s inherent transparency, the Foundation aspires to become a scalable model for next-generation philanthropic infrastructure—ensuring every donation is traceable, every distribution verifiable, and every intention honored.

About AB Charity Foundation

AB Charity Foundation is an Ireland-based nonprofit operating under EU legal status, focused on advancing global public good through transparent governance and blockchain technology. Led by a board of former European heads of state, the Foundation supports initiatives in education, healthcare, environmental protection, and humanitarian aid. Powered by AB DAO, its blockchain infrastructure ensures traceable donations and automated, compliant distribution of funds, creating a scalable model for next-generation philanthropy.

To follow AB Charity Foundation and support its mission:

Official Website: www.ab.org

Global Community Portal: www.ab.org/community

US President Donald Trump made some big moves on the Trade War scene that he started, which led to substantial volatility in the cryptocurrency markets all week. Let’s unpack.

After last week’s ‘Liberation Day,’ in which the POTUS announced taxes on all countries of at least 10%, while many big partners got higher percentages, bitcoin’s price went on a rollercoaster that only worsened in the past five trading days.

The weekend was sluggish, during which BTC spent trading sideways at around $82,000 and $84,000. However, the asset started to lose value on Sunday evening and Monday, especially, when it dumped to a five-month low of just over $74,000.

After an unsuccessful recovery attempt, BTC dropped once again to those levels on Wednesday as Trump warned China that he would raise the tariffs against it to 104% if Beijing didn’t retract its own retaliation taxes. Even more madness took place in the following days as the US President paused the tariffs against all other countries, except for China (which were raised to 125%).

Bitcoin reacted to all that news, charting multi-thousand-dollar pumps and dumps frequently. The pause, though, led to a surge from under $77,000 to over $83,000 within hours on Wednesday and Thursday, perhaps also supported by the favorable CPI data for March. BTC was stopped at that point and now sits at around $82,000, which is essentially the same spot as last Friday’s valuation.

In contrast, ETH, which dumped to $1,400 earlier this week and erased all gains from the past seven years, is down by 13% on a weekly scale, even though it has recovered to $1,570 as of press time. XRP, DOGE, TON, ADA, and XLM are also with big losses, while PI, OKB, and HYPE are with the most substantial gains.

Market Data

Market Cap: $2.7T | 24H Vol: $118B | BTC Dominance: 60.6%

BTC: $82,450 (-0.2%) | ETH: $1,568 (-13%) | XRP: $2 (-5.5%)

This Week’s Crypto Headlines You Can’t Miss

ETH/BTC Collapse Isn’t the End: Analyst Sees Silent Rebuild. As mentioned above, Ethereum’s performance in the past few months has been brutal, and the asset plunged to $1,400. Moreover, it has lost 77% of its value against BTC since the 2021 peak. However, one analyst envisions a comeback for the second-largest cryptocurrency.

Settlement in Sight? Ripple and SEC File Joint Motion to Stay the Appeal. Although Ripple’s CEO, Brad Garlinghouse, announced a few weeks ago that the lawsuit between his company and the SEC had concluded, more information on the case continues to pop up, and there’s no official statement by the agency. However, there could be a settlement in sight, according to a recent motion filed by both sides.

Largest BTC Inflow Since 2022 Hits Accumulation Wallets: CryptoQuant. In the aftermath of the tariff massacre and the substantial BTC volatility, long-term bitcoin holders accumulated and withdrew the biggest portion of the cryptocurrency in over three years in the span of just a few days.

Charles Hoskinson Predicts Bitcoin Could Hit $250,000 by End of 2025. Charles Hoskinson, who recently spoke at the 2025 Paris Blockchain Week, continues to be bullish on the cryptocurrency industry and bitcoin in particular. He doubled down on a previous prediction that the largest digital asset could skyrocket to $250,000 by the end of next year.

Ripple Shelves IPO Plans Even After SEC Lawsuit Closure, Says President at Paris Blockchain Week. During the aforementioned conference in Paris, Ripple’s President, Monica Long, said the company has no immediate plans to go public. However, she made a big acquisition announcement for $1.25 billion that could be a game-changer for Ripple and for its native token, XRP.

Arthur Hayes Suggests Fed or China’s PBOC Will Spark Bitcoin Boom. While the US Federal Reserve continues to keep the key interest rates unchanged, BitMEX’s co-founder, Arthur Hayes, believes it will either be the US central bank or the colleagues from China’s PBoC that will lead the next bull run chapter in BTC’s history.

Charts

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana – click here for the complete price analysis.

Despite suffering a near 30% drop from its peak, Bitcoin (BTC) is outperforming traditional markets like the S&P 500 when adjusted for volatility, sparking renewed debate over the cryptocurrency’s role as a systemic hedge.

Market analysts, led by Bloomberg’s Jamie Coutts, say BTC’s behaviour may not just be a sign of endurance but a signal of deeper cracks in the global financial system.

Bitcoin’s Bear Market Resilience

Coutts reignited the conversation, highlighting Bitcoin’s risk-adjusted outperformance despite recent fluctuations in global markets shooting through the roof as a result of a Donald Trump-instigated tariff standoff. Even while trading at 2.5x the volatility of the S&P 500, BTC’s drawdown was only marginally worse, a trend the market strategist notes has persisted since 2022. 

His analysis builds on a 2023 thread where he dissected Bitcoin’s Sortino ratio, a risk-adjusted performance metric that showed the number one cryptocurrency consistently topping traditional assets like equities, bonds, and gold across several market cycles.

Coutt’s thesis hinges on a broader narrative: Bitcoin’s fixed supply and decentralized nature make it a hedge against the “entropy” of fiat-driven markets. “What is happening right now is epic. Things are breaking,” he tweeted on April 9, suggesting that nation-states may soon recognize Bitcoin as a “global settlement layer” as trust in traditional finance erodes.

His 2023 analysis modeled the impact of reallocating just 1% of a traditional 60/40 bond-equity portfolio into Bitcoin. The backtest, running from 2015 to 2022, showed improved returns, even though it still trailed monetary debasement. According to him, this meant even modest BTC allocations could boost long-term portfolio durability.

Critics have, however, cautioned against extrapolating Bitcoin’s short history too much, pointing to its liquidity constraints. Coutts also concedes, advising “smaller [portfolio] positions, rebalanced less frequently.”

Volatility Persists

Despite the bullish long-term view, BTC’s short-term behavior is still volatile. Following the release of the U.S. Consumer Price Index (CPI) data for March, showing inflation cooled more than expected, the asset initially went against expectation, retreating from $82,500 to around $78,600 per data from CoinGecko.

Currently, it sits at $82,000, down about 0.3% in the last 24 hours but still up almost 15% year-on-year. Additionally, its 2% dip over seven days means it is outperforming the broader crypto market, which has shed 4.4%.