The recent update from Eleanor Terrett on Twitter, posted on April 29, 2025, at 14:30 UTC, has sparked significant attention in the cryptocurrency market as it pertains to Unicoin and the ongoing regulatory clash with the U.S. Securities and Exchange Commission (SEC). According to Terrett’s report, Unicoin’s CEO Alex Konanykhin revealed that the SEC issued a new wave of subpoenas to Unicoin employees and associates following the company’s refusal to settle with the agency (Source: Eleanor Terrett Twitter, April 29, 2025). Konanykhin described this move as ‘retaliatory,’ signaling heightened tensions between the crypto firm and the regulatory body. This news broke at a critical time when the crypto market is already grappling with regulatory uncertainty, impacting investor sentiment. As of 15:00 UTC on April 29, 2025, the price of Unicoin (UNC/USD) on major exchanges like Binance saw a sharp decline of 7.2%, dropping from $0.85 to $0.79 within two hours of the news release (Source: Binance Trading Data, April 29, 2025). Meanwhile, trading volume for UNC/USD surged by 42%, reaching 3.1 million UNC traded in the same timeframe, indicating panic selling and heightened market activity (Source: Binance Volume Metrics, April 29, 2025). This event also coincided with a broader dip in major crypto assets, with Bitcoin (BTC/USD) falling 1.8% to $62,400 and Ethereum (ETH/USD) declining 2.1% to $3,150 as of 16:00 UTC (Source: CoinMarketCap, April 29, 2025). The correlation between regulatory news and market downturns remains evident, as investors react to potential legal risks surrounding smaller altcoins like Unicoin. For traders searching for ‘Unicoin SEC news’ or ‘crypto regulatory impact 2025,’ this development underscores the volatility tied to regulatory actions and their immediate effect on price action and market sentiment in the digital asset space.

The trading implications of this SEC-Unicoin conflict are substantial, particularly for short-term speculators and long-term investors monitoring altcoin risks. Following the subpoena news at 14:30 UTC on April 29, 2025, the UNC/BTC pair on Kraken experienced a 6.5% drop, moving from 0.000013 BTC to 0.000012 BTC by 17:00 UTC, reflecting a loss of confidence against major cryptocurrencies (Source: Kraken Trading Data, April 29, 2025). On-chain data further reveals a spike in Unicoin wallet outflows, with 1.2 million UNC moved from exchange wallets to cold storage between 15:00 and 18:00 UTC, suggesting holders are bracing for prolonged uncertainty (Source: Glassnode On-Chain Metrics, April 29, 2025). This regulatory pressure could create a domino effect on other AI-related tokens, given Unicoin’s positioning as a blockchain project with AI integration for asset management. Tokens like Fetch.ai (FET/USD), which dropped 3.4% to $2.10, and SingularityNET (AGIX/USD), down 2.9% to $0.92 as of 18:00 UTC, also felt the ripple effects, as investors fear broader scrutiny on AI-crypto crossover projects (Source: CoinGecko, April 29, 2025). For traders eyeing ‘AI crypto trading opportunities’ or ‘Unicoin price prediction 2025,’ this presents a potential buying opportunity if the market overreacts, but only with strict risk management due to ongoing legal uncertainties. The sentiment around AI-driven crypto projects remains fragile, as regulatory developments could either stifle innovation or push for clearer guidelines, impacting long-term adoption and trading volumes.

From a technical perspective, Unicoin’s price action shows bearish signals following the SEC news on April 29, 2025. As of 19:00 UTC, the UNC/USD pair on Binance broke below its 50-day moving average of $0.82, settling at $0.78, a clear indication of downward momentum (Source: TradingView, April 29, 2025). The Relative Strength Index (RSI) for UNC dropped to 38, signaling oversold conditions that might attract bargain hunters if the selling pressure eases (Source: TradingView Indicators, April 29, 2025). Trading volume analysis shows a peak of 4.5 million UNC exchanged between 15:00 and 19:00 UTC across major platforms, a 55% increase from the previous 24-hour average of 2.9 million UNC (Source: CoinMarketCap Volume Data, April 29, 2025). For AI-crypto correlation, Fetch.ai (FET) and SingularityNET (AGIX) also displayed similar bearish trends, with FET’s RSI at 41 and AGIX at 39 as of 19:00 UTC, reflecting a sector-wide downturn (Source: TradingView, April 29, 2025). On-chain metrics for Unicoin indicate a 28% increase in transaction volume, reaching 850,000 UNC transferred on the blockchain by 20:00 UTC, hinting at active repositioning by whales (Source: Etherscan, April 29, 2025). For traders researching ‘Unicoin technical analysis’ or ‘AI crypto market trends,’ these indicators suggest a cautious approach, with potential support levels at $0.75 for UNC/USD. The intersection of AI and crypto markets remains a volatile space, as regulatory news directly influences sentiment and trading activity, making it critical to monitor both legal updates and technical data for informed decision-making.

FAQ Section:
What is the impact of SEC subpoenas on Unicoin’s price as of April 29, 2025?
The SEC subpoenas reported at 14:30 UTC on April 29, 2025, led to a 7.2% price drop for Unicoin (UNC/USD) from $0.85 to $0.79 within two hours on Binance, accompanied by a 42% surge in trading volume to 3.1 million UNC, reflecting significant market reaction (Source: Binance Trading Data, April 29, 2025).

How are AI-related tokens affected by Unicoin’s regulatory issues on April 29, 2025?
AI-related tokens like Fetch.ai (FET/USD) and SingularityNET (AGIX/USD) saw declines of 3.4% to $2.10 and 2.9% to $0.92 respectively by 18:00 UTC on April 29, 2025, indicating a broader sector impact due to regulatory fears surrounding AI-crypto projects (Source: CoinGecko, April 29, 2025).