The cryptocurrency market is witnessing a significant shift as Bitcoin approaches a six-week high, amidst a turbulent backdrop in traditional financial markets. Amidst declining U.S. dollar strength and ongoing trade
Source: coinotag | Published: Apr 21, 2025S&P 500 Drops 2.4%, NASDAQ Plunges 2.5%
Source: coinotag | Published: Apr 21, 2025
China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on X, the People’s Bank of China has been abruptly accumulating gold. It has acquired five tonnes over the last month. This has taken place amid uncertainty in global markets from the rift caused by persistent tensions in trade along US-China fronts. Bitcoin traders seem to witness this, as the price of the crypto holds strong at $87,280, with scanty negative macronews in the background. Merely four days ago, cryptocurrencies fell back after US President Donald Trump proclaimed a 245% import tax on...
Source: newsbtc | Published: Apr 21, 2025A few major events could trigger major crypto market volatility across the board.
Source: ambcrypto | Published: Apr 21, 2025
Investor Tom Lee says that US equities are still in the middle of a bull cycle after completing a normal price correction. In a new video update for investors on Fundstrat’s YouTube channel, the firm’s chief investment officer says he’s confident that the S&P 500 has already printed its low, but he just isn’t sure if a quick V-shaped recovery like 2020 will play out or if a 2011-style consolidation will unfold. Lee says investors’ interpretation of several risks, such as tariffs and inflation expectations, will likely decide the stock market’s next move. “I think that we’re still in a bull market. I’m just not clear if it’s a V-shaped recovery like 2020 or it’s a range market like 2011. Intuitively, I’m going to say that it makes sense that we’ve made a bottom, but we’re maybe range bound for a bit. And that’s because people are worried that there...
Source: dailyhodl | Published: Apr 21, 2025A closely followed economist says US President Donald Trump is plunging the country into one of the most significant periods of economic turmoil in recent history. Alex Krüger tells his 209,200 followers on the social media platform X that Trump’s tariff policies are causing a massive selloff of US assets. “The US is trying to commit economic suicide and everyone is dumping US assets in response. The tarifacrash is the second most insane financial event in modern history (coronacrash was the first).” Source: Alex Krüger/X He warns that Trump needs to reverse course on the tariffs – otherwise, an economic recession is highly likely. “If Trump does not greatly reduce tariffs [there are] high odds the US goes into a serious recession [and then there are] high odds Dems win midterms by a landslide [creating] high odds they impeach Trump, roll tariffs back and plunge the US towards socialism. It...
Source: dailyhodl | Published: Apr 21, 2025
Activity on Unichain, the Layer 2 (L2) blockchain developed by the Ethereum-based decentralized exchange (DEX) Uniswap, has exploded over the past week after a $21 million liquidity incentive campaign kicked off on April 15. According to DeFiLlama data , Unichain’s total value locked (TVL) has surged by 2569% in the last seven days, while its stablecoin market cap has increased by 2429%. Unichain is now the fifth-largest Layer 2 by TVL, according to L2beat . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: thedefiant | Published: Apr 21, 2025MANTRA has announced that CEO and Founder John Patrick Mullin will be burning 150 million OM tokens from his team offering. This decision follows a promise made to the community last week. As is known, the OM price experienced a very sudden drop in recent days and the altcoin lost 90% of its value, suddenly wiping out $5 billion from its total market value. Following this unexpected development, allegations of manipulation regarding the token emerged. According to the statement made by the development team, in order to support network security, the 150 million OM tokens that were initially staked during the mainnet formation in October 2024 have entered the process of being removed from staking. This unstaking process will end on April 29, 2025, after which the tokens will be sent to a designated burn address and permanently removed from circulation. Related News: After Waiting Patiently For 2.5 Years In...
Source: bitcoinsistemi | Published: Apr 21, 2025
The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve’s independence after President Trump’s comments on Fed Chair Jerome Powell. Bitcoin (BTC) surged past the $85,000 mark and is up over 2%, trading around $87,100, with bulls eying the $90,000 level. Ethereum (ETH) has also registered a notable increase, up over 1% and trading around $1,630. Meanwhile, Ripple (XRP) is up 1.26% and trading at $2.10. However, Solana (SOL) is trading in the red, down over 1% and trading at $139, as it struggles to cross $140. Other cryptocurrencies, including Dogecoin (DOGE) , Cardano (ADA) , Chainlink (LINK) , Stellar (XLM) , Toncoin (TON) , Hedera (HBAR) , Sui (SUI) , and Litecoin (LTC) registered notable increases to start the week positively....
Source: cryptodaily | Published: Apr 21, 2025Cryptocurrency markets are known for their volatility, but recent tremors in traditional finance are sending ripples across the digital asset landscape. The US Dollar , long considered a bastion of stability, is facing a significant downturn. Why is this happening, and what does it mean for your crypto portfolio? The answer lies in growing anxieties surrounding the independence of the Federal Reserve, fueled by renewed political pressures. Why is Fed Independence Suddenly in the Spotlight? The Federal Reserve (Fed), the central bank of the United States, operates with a degree of autonomy designed to insulate monetary policy from short-term political considerations. This Fed Independence is crucial for maintaining price stability and fostering long-term economic health. However, recent statements and actions have cast a shadow of doubt over this cherished principle. Political Pressure Mounting: Former President Trump has publicly criticized the Fed’s interest rate policies and has hinted at exerting more...
Source: bitcoinworld | Published: Apr 21, 2025
Circle, the issuer of USDC, the second-largest stablecoin, is set to launch a global payments and cross-border remittance network on April 22, 2025. The new platform aims to provide an alternative to established payment giants Visa and Mastercard by enabling financial institutions and fintech companies to settle transactions using stablecoins. This initiative positions USDC as a potential leader in digital currency payments and remittances, targeting banks, fintech firms, and payment service providers. The move is seen as a strategic product expansion for Circle, emphasizing the growing role of stablecoins in the global payments landscape and posing competitive challenges to traditional payment networks. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: thedefiant | Published: Apr 21, 2025Key takeaways : Monero price prediction suggests a bullish trend, with XMR anticipated to reach $471.42 by the end of 2025. XMR could reach a maximum price of $979.46 by the end of 2028. By 2031, Monero’s price may surge to $1,595.71. Monero (XMR) stands out in the cryptocurrency space for its strong focus on privacy and decentralization of transactions. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant milestones like enhanced protocol upgrades and growing adoption across various sectors, which underscore its utility. As Monero progresses, many wonder about its future price trajectory. Will its unique features drive significant value growth? Can it sustain its competitive edge in the ever-evolving crypto market? Will XMR recapture its ATH at $517.62? Overview Cryptocurrency Monero Token XMR Price $213.45 Market Cap $3,937,483,364.39 Trading Volume 24-h $66,848,300.89 Circulating Supply 18,446,744.07 XMR...
Source: cryptopolitan | Published: Apr 21, 2025
Coinbase has obtained internal documents from the U.S. Securities and Exchange Commission concerning the agency’s investigation into Ethereum 2.0, following a Freedom of Information Act lawsuit. Paul Grewal, Coinbase’s Chief Legal Officer, announced on X that the SEC disclosed a list of withheld documents. These documents include a May 2022 internal analysis of ETH 2.0 under the Howey test, a February 2023 email questioning Ethereum’s ( ETH ) classification as a security, and an April 2023 memorandum prepared for commissioners before authorizing the ETH 2.0 investigation . Also listed is the case closing narrative for the investigation. The SEC initially denied Coinbase’s FOIA requests, citing Exemption 7(A), which pertains to ongoing enforcement proceedings. However, after the closure of the Ethereum 2.0 investigation without charges, the SEC acknowledged that the exemption “may” no longer apply. Despite this, the agency proposed a three-year timeline to review over 132,000 documents for other potential...
Source: crypto_news | Published: Apr 21, 2025Onyxcoin (XCN) has experienced a significant pullback of nearly 10% this week, following an impressive rally, as market indicators hint at a critical turning point. The cryptocurrency’s recent performance is
Source: coinotag | Published: Apr 21, 2025
On Tuesday, Circle, the company behind the well-known USDC stablecoin , is launching a new payments and cross-border remittance network. The event will occur at Circle’s headquarters on the 87th floor of One World Trade Center in New York City. This event marks an important step in the company’s plan to expand its role in global payments. Circle Driving New Payment Frontier Circle CEO Jeremy Allaire will share the company’s vision for the future of payments at the event. The launch will target banks, fintech companies, payment service providers, remittance companies, and USDC partners. Circle sees a chance to grow as new rules open up the stablecoin market. The company plans to compete with bigger players like Tether and strengthen its role in the payments industry. While Circle has been a leader in stablecoins, it is now shifting its focus to payments. The new network will begin by focusing on...
Source: thecoinrise | Published: Apr 21, 2025Kernel DAO offers enhanced security and yields through innovative re-staking protocols. KERNEL coin serves as the backbone for governance and rewards within the ecosystem. Continue Reading: Maximize Your Crypto Gains with Kernel DAO’s Innovative Protocol The post Maximize Your Crypto Gains with Kernel DAO’s Innovative Protocol appeared first on COINTURK NEWS .
Source: cointurken | Published: Apr 21, 2025
The cryptocurrency landscape is poised for a transformation as over 70 new ETFs await SEC approval this year, signifying a pivotal moment for the industry. Investment experts note that this
Source: coinotag | Published: Apr 21, 2025After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen Block Times Bitcoin’s computational capacity has eased since last Thursday, when it reached 920 EH/s—just shy of
Source: bitcoin.com | Published: Apr 21, 2025
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . As the global trade war rages on, US companies navigating earnings season are being cautious to avoid forward-looking statements. We’ve already seen Delta Airlines pull its 2025 guidance, with executives saying tariff policy “uncertainty” makes future projections challenging. CarMax also withdrew its long-term growth timeline. “Why put a target out there that’s really speculative, not knowing exactly where this environment is going to go?” CarMax CEO and president Bill Nash said on the company’s earnings call earlier this month. United Airlines executives took a different approach, opting on their earnings call to provide investors with two vastly different profit forecasts. On the high end — should conditions remain “stable” — adjusted earnings per share could be as high as $13.50. On the low end — if the US economy enters a recession — EPS could...
Source: blockworks | Published: Apr 21, 2025Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu and Lightchain AI are rapidly gaining ground, positioning themselves as serious competitors to Dogecoin. Table of Contents Could Shiba Inu and Lightchain AI outpace Dogecoin? The factors that might propel SHIB and Lightchain AI Investors’ shift from DOGE to emerging alternatives Dogecoin (DOGE) may have pioneered the memecoin movement, but in 2025, it’s no longer the only name drawing investor attention. Shiba Inu (SHIB) and Lightchain AI (LCAI) are quickly emerging as frontrunners, each offering distinct value propositions that could push them ahead of DOGE. SHIB has matured beyond its meme roots, building an ecosystem that includes decentralized finance tools and utility-focused upgrades. Meanwhile, Lightchain AI — still in presale at $0.007 with $19.3 million raised — is gaining traction for its forward-thinking integration of AI and...
Source: crypto_news | Published: Apr 21, 2025
More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins to memecoins to derivatives instruments. “Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,” Balchunas said in an April 21 post on the X platform. “Gonna be a wild year.” Crypto ETFs’ SEC review schedule. Source: Eric Balchunas/Bloomberg Related: ARK adds staked Solana to two tech ETFs Uncertain institutional demand The planned funds listings come as institutional investors turn increasingly bullish on crypto as an asset class. Upward of 80% of institutions say they plan to increase allocations to crypto in 2025, according to a March report by Coinbase and EY-Parthenon. However, analysts caution that just because ETFs are approved for US listings doesn’t...
Source: cointelegraph | Published: Apr 21, 2025LUCE, a Vatican-themed memecoin, saw its value rise more than 100% today after the Catholic Church announced the death of Pope Francis. The token, which launched in 2024, had lost more than half of its value before the latest resurgence. According to data from CoinMarketCap, the LUCE token, inspired by the Catholic Church’s official mascot for the 2025 Jubilee event, went from as low as $0.00892 to reach $0.02711. Although it has now seen a correction, LUCE is still trading at $0.014. Luce token performance (Source: CoinMarketCap) LUCE memecoin launched during the memecoin season in October 2024, just hours after the Catholic Church announced that it would be the mascot for its once-in-25-years Holy Year Celebration. However, it has struggled for most of 2025 as interest in memecoins faded. Its positive performance highlights how memecoin traders reacted to the attention the coin received upon the news of Pope Francis’ death....
Source: cryptopolitan | Published: Apr 21, 2025
With a favorable environment for capital investment, the business of mining bitcoin on U.S. soil is once again gathering momentum.
Source: forbes | Published: Apr 21, 2025As the cryptocurrency market continues to evolve, the SEC now considers 72 active ETF proposals, signaling heightened interest in altcoin products. Despite this surge in interest, Bitcoin ETFs still dominate,
Source: coinotag | Published: Apr 21, 2025
The post Coinbase Derivatives Announces Listing of CFTC-Regulated Futures for XRP: What Next? appeared first on Coinpedia Fintech News Coinbase’s listing of CFTC-regulated futures for XRP follows Bitnomial’s launch of a similar product last month. The rising demand for XRP by institutional investors has helped increase bullish sentiment. XRP/USD pair may retest $1.77 in the coming days before continuing with a macro bullish outlook. Coinbase Global Inc. (NASDAQ: COIN), a top-tier cryptocurrency exchange in the North American markets, announced a major trading expansion for Ripple Labs’ XRP on Monday, April 21. After filing with the Commodity Futures Trading Commission (CFTC), on April 3, to offer XRP futures contracts, the exchange announced a successful listing of the regulated products on Monday. Coinbase will offer monthly, cash-settled margin contracts, each representing 10k XRP, to its clients ahead. The launch of Coinbase’s XRP futures contract follows a similar product by Bitnomial in mid-March...
Source: coinpedia | Published: Apr 21, 2025Q3 2025 leads altcoin season expectations among Korean crypto investors. Bitcoin sentiment improves, with fewer investors anticipating a price decline. Over 70% of Korea’s wealthy invest heavily in crypto, favoring long-term growth. South Korean crypto traders increasingly expect an altcoin rally in Q3 2025, a new CoinNess and Cratos investor survey reveals. Conducted Apr 14-18 among 2,000 respondents, the poll shows shifting expectations, highlighting Q3 as the prime time for renewed altcoin strength amid shifting views. According to the findings , 36.7% of respondents anticipate the next ‘altcoin season’ to begin between July and September. This timeframe showed the strongest consensus among survey participants. Another 22% expect altcoin momentum to return in the year’s final quarter, while 16.7% foresee gains materializing in Q2. However, a smaller portion, 13.3%, do not expect a bull market until 2026, and 11.3% believe no future altseason is coming. Bitcoin Sentiment Improves, But Overall Mood...
Source: coinquora | Published: Apr 21, 2025
Bitcoin’s long-term holders (LTHs) are experiencing significant profit margins as market dynamics shift in their favor. Recent data indicates that LTHs are realizing approximately 85% profits, showcasing their resilience despite
Source: coinotag | Published: Apr 21, 2025In the ever-volatile world of cryptocurrency investments, unexpected trends often emerge, catching even seasoned investors by surprise. Recently, a rather contrarian narrative has unfolded in the U.S. ETF market, highlighting the remarkable performance of Ether 2x short ETFs . Yes, you read that right – ETFs designed to profit from a decrease in Ethereum’s price are currently basking in the limelight as some of the top performers of the year. Let’s dive into this intriguing development and understand what’s fueling this unexpected surge. Unveiling the Unlikely ETF Stars: Ether 2x Short ETFs According to Bloomberg ETF analyst Eric Balchunas, who shared a noteworthy observation on X, Ether 2x short ETFs are not just performing well; they are stealing the show. Balchunas pointed out that these inverse Ethereum ETFs are holding the second and third positions in the U.S. ETF market for year-to-date (YTD) returns. His tweet addressed the queries about...
Source: bitcoinworld | Published: Apr 21, 2025
New filings show that Consensys, Solana, and Uniswap were among the crypto firms that donated millions to Trump’s inauguration. Multiple crypto firms donated quietly to Trump, including Consensys, Solana, and Uniswap. A recent FEC filing , published on Sunday, April 20, revealed more details about the crypto industry’s donations to Trump’s inauguration fund. The filings show that Solana Labs was among the major donors, pledging $1 million to Trump’s inauguration, which they did not reveal to the public. At the same time, Hayden Adams, CEO of the decentralized exchange Uniswap, gave $245,000 to the fund. Crypto analytics firm Consensys donated $100,000, without making a big fuss about it. You might also like: Uniswap Labs no longer under SEC scrutiny as agency halts enforcement actions This helped Trump raise over $239 million for the lavish event, which prominently featured its corporate donors, including several crypto executives. Ripple, Coinbase, and Kraken donate...
Source: crypto_news | Published: Apr 21, 2025Several leading cryptocurrency firms, including Circle and BitGo, are preparing to apply for banking licenses or similar financial regulatory approvals in the United States, according to a report by The Wall Street Journal. The move signals a concerted effort by the industry to forge stronger ties to the U.S. banking system after years of heightened regulatory scrutiny. The crypto industry’s access to traditional financial infrastructure has been severely hindered since the collapse of FTX in late 2022, triggering widespread market panic and regulatory crackdowns. The subsequent closure of crypto-friendly banks like Silvergate Bank and Signature Bank further isolated digital asset companies from traditional financial services. Since then, many crypto firms have faced difficulties finding reliable banking partners, limiting their ability to operate efficiently in the U.S. market. Regulatory pressure has intensified due to concerns over financial stability, fraud prevention, and systemic risk. Companies like USDC stablecoin issuer Circle and digital...
Source: bitcoinsistemi | Published: Apr 21, 2025
Bitcoin's long-term holders are seeing a spike in profit margins.
Source: ambcrypto | Published: Apr 21, 2025The landscape of cryptocurrency exchange-traded funds (ETFs) is on the brink of significant change as anticipation builds for new SEC approvals. With the recent appointment of Paul Atkins as the
Source: coinotag | Published: Apr 21, 2025
Spot crypto ETFs are currently limited to Bitcoin and Ethereum in the U.S., but analysts expect new approvals this year.
Source: decrypt | Published: Apr 21, 2025Key takeaways : Bonk price prediction for 2025 anticipates a maximum price of $0.0000219. Our Bonk price prediction for 2028 anticipates a price range of $0.00005109 to $0.00005839. In 2031, we expect Bonk price to record a maximum price of $0.00009488 with an average price of $0.00009123. Bonk (BONK) is a crypto token built on the Solana blockchain, much like DOGE, WIF, or SHIB. Bonk is a digital asset that can be traded on a number of online platforms, such as Binance, KuCoin, Kraken, MEXC, CoinEx, OKX, gate.io, and Bybit. Bonk has a maximum supply of 93 trillion. It is important to note that 76.92 trillion BONK are already in circulation. Interestingly, despite being a meme coin, Bonk’s supply is tied to its burning process to appreciate its value. The token became popular in 2022 after an airdrop to the Solana community. Despite its popularity and appeal, Bonk is highly...
Source: cryptopolitan | Published: Apr 21, 2025
Ethereum’s co-founder, Vitalik Buterin, has sparked debate within the crypto community following an April 20 blog post on the Ethereum Magicians forum in which he proposed the idea of replacing the Ethereum Virtual Machine (EVM), the virtual machine language that Ethereum smart contracts are written in, with RISC-V, an open-source computer program architecture. According to Buterin, adopting RISC-V would “greatly improve the efficiency of the Ethereum execution layer, resolving one of the primary scaling bottlenecks, and can also greatly improve the execution layer’s simplicity.” He argues that the change would, in the long term, address at least two key bottlenecks to Ethereum’s Layer 1 (L1) scalability concerns, including maintaining competitive block production and enhancing zero-knowledge (zk-EVM) capabilities. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: thedefiant | Published: Apr 21, 2025In a bold claim that has sparked debate in the crypto community, market pundit Versan Alajjarah asserts that XRP’s future price has already been predetermined by major financial institutions long before retail investors entered the market. Alajjarah’s argument comes even as XRP price continues to lag despite Ripple’s recent major wins like the XRP legal battle with the SEC and expanding ecosystem. In a recent article titled “XRP Price Already Set: What Global Institutions Know,” the pundit outlined a theory comparing XRP’s current situation to traditional pre-IPO processes. “The price of XRP has already been determined,” he stated, a position he’s maintained since 2022. According to his analysis, just as large institutional investors negotiate share prices before a company goes public, global financial entities like central banks, JP Morgan, BlackRock, and the IMF have already established XRP’s true value behind closed doors. “XRP is being adopted by the world’s largest...
Source: zycrypto | Published: Apr 21, 2025
Bitcoin tests the $88,500 level before finding support at $86,800. AVAX's performance hinges on Bitcoin's strength and US market trends. Continue Reading: Navigate the Latest Trends in AVAX, Shiba Coin, and Pi Coin Price Predictions The post Navigate the Latest Trends in AVAX, Shiba Coin, and Pi Coin Price Predictions appeared first on COINTURK NEWS .
Source: cointurken | Published: Apr 21, 2025In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks. According to a report by crypto analytics firm CoinShares, Cardano recorded $63.3 million in month-to-date inflows as of March 29, 2025, positioning it as the top-performing cryptocurrency asset for institutional investors. This achievement is particularly notable given the broader market context, where total crypto outflows reached $2.2 billion during the same period. The surge represents a remarkable 500% increase in weekly inflows for Cardano , jumping from $0.1 million to $0.6 million in late March. This growth stands in stark contrast to Bitcoin, which, despite pulling in $195 million in weekly inflows, suffered $826 million in monthly outflows. Similarly, Ethereum experienced $370 million in outflows for the month. Solana showed positive performance with $26.9 million in inflows, but still...
Source: zycrypto | Published: Apr 21, 2025
Are you a Bitcoin investor wondering if the recent market surge has lifted all boats? While headlines celebrate Bitcoin’s climb, a closer look reveals a nuanced picture, especially for those who haven’t been holding onto their BTC for very long. Recent data suggests that not everyone is basking in profit, and a critical price point could determine the market’s next move. Let’s dive into the details and see what this means for your crypto strategy. Bitcoin Investors: Are Short-Term Holders Really Losing Out? According to crypto analyst Crazzyblockk, in a recent CryptoQuant post, the rising tide of Bitcoin’s price to around $87,000 has indeed brought cheer to the newest entrants in the market. New investors , defined as those holding Bitcoin for less than a month, are experiencing an average unrealized gain of 3.73%. This is undoubtedly positive news, indicating renewed interest and capital inflow into Bitcoin. However, the story...
Source: bitcoinworld | Published: Apr 21, 2025The CEO of financial services giant Charles Schwab says the firm is looking into launching a spot crypto trading platform for clients within the next year. In the company’s Q1 earnings call, CEO Rick Wurster says he believes that Charles Schwab is a “great destination” for investors interested in crypto, and there’s an obvious new wave of interest in the asset class. “And we’ve seen that in the level of new account growth and the level of engagement in our crypto site, where we saw a 400% increase in traffic to it recently, 70% of whom were prospects and what that – were not clients. And what that says to us is that as people in the industry are thinking about crypto, they’d love to work with a trusted brand and a firm that can bring them a lot of capabilities, and we’re that firm. So as we roll out...
Source: dailyhodl | Published: Apr 21, 2025
After a sharp rise near the end of the weekend, Bitcoin is now at a technical crossroads. While momentum sparked hopes of a trend reversal, the underlying structure tells a more cautious story — one that traders shouldn’t ignore. Bitcoin ( BTC ) began the week with an impulsive move to the upside, breaking out of a short-term consolidation and sweeping liquidity above recent highs. While this breakout captured attention, the broader structure tells a different story. Despite the rally, Bitcoin has failed to shift the overall trend, which continues to reflect a bearish bias. The recent swing high at $88,465 falls just short of breaking the previous high at $88,500 — a key level that defines the continuation of the downtrend. Key points Bitcoin’s recent high at $88,465 remains below the prior lower high of $88,500, keeping the bearish structure intact. Price has yet to show an impulsive breakout...
Source: crypto_news | Published: Apr 21, 2025Strategy, formerly MicroStrategy, is following through on its plans to accumulate as much Bitcoin ( BTC ) as possible. According to on-chain data from Lookonchain, Strategy, led by founder and CEO Michael Saylor, now holds close to $47 billion worth of the crypto king after a massive half-billion buying spree last week. “Strategy bought another 6,556 BTC($555.85M) at an average price of $84,785 last week. #Strategy currently holds 538,200 BTC($46.83B), with an average buying price of $67,766 and an unrealized profit of $10.36B.” Source: Lookonchain/X On April 15, Strategy bought 3,459 BTC for about $285.8 million, in line with plans announced earlier this year to raise more capital for BTC purchases. According to data from BitcoinTreasuries.net , Strategy currently owns over 2% of the global circulating BTC supply. Strategy’s stock ( MSTR ) is up 1.9% today, bucking the stock market downtrend, trading for $323 at time of writing. According...
Source: dailyhodl | Published: Apr 21, 2025
ARK Invest’s recent move to introduce exposure to staked Solana (SOL) highlights the growing acceptance of cryptocurrency assets among mainstream financial products. With the launch of Solana ETFs in Canada,
Source: coinotag | Published: Apr 21, 2025The world of cryptocurrency is constantly evolving, and one of the most powerful trends emerging is the tokenization of Real-World Assets (RWAs). Imagine being able to trade real estate, stocks, or even commodities on decentralized platforms just like you trade Bitcoin or Ethereum. This isn’t just a futuristic fantasy; it’s rapidly becoming a reality, and the Bank for International Settlements (BIS) is taking notice. Their recent paper highlights how RWA tokenization is poised to strengthen the connection between the crypto sphere and traditional finance (TradFi). Let’s dive into what this means for the future of finance and what you need to know. What is RWA Tokenization and Why Does it Matter? At its core, RWA tokenization is the process of representing real-world assets – anything from tangible items like gold and real estate to intangible assets like bonds and stocks – as digital tokens on a blockchain. Think of it...
Source: bitcoinworld | Published: Apr 21, 2025
ARK Invest has added exposure to staked Solana ( SOL ) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph. As of April 21, the two ARK funds — ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) — now hold shares of 3iQ’s Solana Staking ETF (SOLQ), a Canadian ETF holding staked SOL, ARK said. The two ARK funds are designed to offer broad exposure to emerging technologies, and comprise a mix a technology stocks — including crypto-focused companies such as Coinbase, Block, and Robinhood — and spot cryptocurrencies, according to ARK’s website. According to ARK, adding the SOL ETF shares makes “ARKW and ARKF the first US-listed ETFs to gain exposure to Solana.” In March, asset manager Volatility Shares launched two ETFs that offer exposure to SOL using financial derivatives, but spot Solana...
Source: cointelegraph | Published: Apr 21, 2025DeFi Technologies has announced the development of Kenya Digital Exchange, a regulated platform earmarked for the tokenization of real-world assets. Announced on April 21, Kenya Digital Exchange is a collaboration between DeFi Technologies and its subsidiary Valour Inc., as well as SovFi and the Nairobi Securities Exchange. KDX offers a new exchange that will allow for the trading of various tokenized products, including equities, debt, funds and commodities. “This partnership marks a bold and strategic leap toward the future of African capital markets,” said Frank Mwiti, chief executive officer of the NSE. KDX will help unlock new investment opportunities for users, increase market access and bring benefits tokenization and trading to more users across the continent. Notably, KDX will tap into blockchain technology, including Hedera ( HBAR ), to bring these benefits to users. “By collaborating with NSE, we will empower investors with new asset classes, driving economic growth, and...
Source: crypto_news | Published: Apr 21, 2025
Ethereum co-founder Vitalik Buterin shared a new proposal over the weekend that would radically overhaul the system that powers its smart contracts. Buterin's suggestion, which he posted on Ethereum's primary developer forum, involves replacing the Ethereum Virtual Machine , the software engine that powers programs on the network, with RISC-V, a popular open-source framework that offers built-in encryption and other benefits. . The EVM is a key piece of Ethereum's underlying design and has been seen as one of the main elements that helped the network succeed in a crowded field of other blockchains. Many non-Ethereum networks have used the EVM to build their own chains, as has a growing ecosystem of layer-2 networks built atop Ethereum, including Coinbase's Base chain. The EVM has long played an essential role in Ethereum's development. Other chains that use it can seamlessly connect with apps on Ethereum, and developers on EVM-based networks can...
Source: coindesk | Published: Apr 21, 2025Trump has made it clear that he is considering firing Jerome Powell. However, one of the vice chairs of Evercore ISI, Krishna Guha, has warned that stocks and bonds would likely drop sharply if President Trump tried to fire the Fed’s Chair. It almost seems like the markets are on Powell’s side. Soon after Trump criticized the Fed’s chair today, markets fell sharply. As of 11:30 a.m. Monday, the Dow Jones Industrial Average of the largest U.S. stocks was down 2.4%, the S&P 500 was down over 2.5%, and the Nasdaq composite was down almost 2.9%. Now, if Trump goes further to get rid of Powell, it could be worse. Krishna Guha said , “If you actually did try to remove the Federal Reserve chairman, I think you would see a severe reaction in markets with yields higher, dollars lower and equities selling off. I can’t believe that that’s what...
Source: cryptopolitan | Published: Apr 21, 2025
The recent downturn in the U.S. equity markets has caught the attention of many market analysts. According to Forexlive analyst Adam Button, this week has been particularly challenging, with the
Source: coinotag | Published: Apr 21, 2025Hold on to your hats, folks! The financial world is buzzing because gold has just smashed through the roof! We’re not talking about a minor bump; we’re talking a monumental leap. The gold price has officially hit an all-time high, surging past the $3,400 mark per ounce. Yes, you read that right – $3,400! According to the latest data from goldprice.org, the precious metal is currently trading at a staggering $3,401.36 per ounce. This isn’t just news; it’s a seismic shift in the commodities market, and if you’re in the world of crypto or traditional investments, you need to pay attention. Why is the Record Gold Price Surging? So, what’s fueling this incredible record gold price surge? It’s not just one thing, but a perfect storm of global factors coming together. Let’s break it down: Economic Uncertainty: Globally, we’re seeing persistent economic uncertainties. Inflation worries are far from fading, geopolitical...
Source: bitcoinworld | Published: Apr 21, 2025
