Archives par catégorie: Flash News

Unlocking the potential of dormant Bitcoin in DeFi

Unlocking the potential of dormant Bitcoin in DeFi

Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO Bitcoin is the principal asset of the cryptocurrency world and even one of the world’s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market […]

Bitcoin price tops $88.5K as BTC doubles down on stocks decoupling

Bitcoin price tops $88.5K as BTC doubles down on stocks decoupling

Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated.  BTC/USD 1-day chart. Source: Cointelegraph/TradingView Trade war reactions fuel BTC price gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD matching month-to-date highs above $88,000. Bitcoin continued higher after the weekly close […]

CZ receives fake ‘Grok’ coins amid new wave of Elon Musk scam tokens

CZ receives fake ‘Grok’ coins amid new wave of Elon Musk scam tokens

Scammers are once again capitalizing on the popularity of Elon Musk’s artificial intelligence chatbot Grok, with fake tokens again emerging as part of potential phishing attacks. A wallet linked to former Binance CEO Changpeng “CZ” Zhao received 90 million fake Grok (GROK) tokens on April 21, according to blockchain security firm PeckShield. The tokens are […]

El Salvador works with Nvidia to develop sovereign AI infrastructure

El Salvador works with Nvidia to develop sovereign AI infrastructure

El Salvador, the first country in the world to adopt Bitcoin as legal tender, is working with the computer chip giant Nvidia to implement artificial intelligence for national development. El Salvador signed a letter of intent to collaborate with Nvidia on “sovereign AI to drive innovation and economic growth,” the National Bitcoin Office (ONBTC) of […]

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?

Despite Bitcoin (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a price correction or, at the very least, […]

Bitget’s $12B VOXEL frenzy fizzled fast, but questions remain

Bitget’s $12B VOXEL frenzy fizzled fast, but questions remain

A little-known VOXEL trading pair on cryptocurrency exchange Bitget suddenly clocked over $12 billion in volume on April 20, dwarfing the metrics of the same contract on Binance. The activity centered on VOXEL/USDT perpetual futures, where traders reported instant order fills — an anomaly many described as a bug that allowed savvy traders to rack […]

Circle, BitGo about to apply for bank charters, others may follow: WSJ

Circle, BitGo about to apply for bank charters, others may follow: WSJ

Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and others are considering applying for some form of banking license. Other firms cited include the publicly traded […]

Gold-backed vs USD-backed stablecoins: Key differences

Gold-backed vs USD-backed stablecoins: Key differences

What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days of cryptocurrency, with developers aiming to create a reliable store of value.  Each gold-backed stablecoin represents a […]

Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week

Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, has added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy acquired 6,556 Bitcoin for $555.8 million in the period from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest […]

Crypto casino revenue hit $81B in 2024 despite global restrictions

Crypto casino revenue hit $81B in 2024 despite global restrictions

Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue […]

Pavel Durov says Telegram would exit markets before betraying users

Pavel Durov says Telegram would exit markets before betraying users

Telegram CEO Pavel Durov has expressed concerns over the growing threat to private messaging in France and other European Union countries, warning that Telegram would rather exit certain markets than implement encryption backdoors that undermine user privacy. In an April 21 post to his “Du Rove’s channel” on Telegram, he posted an alarming message about the EU’s […]

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures […]

Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes

Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes

Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment […]

Ethereum Foundation shifts focus to user experience, layer-1 scaling

Ethereum Foundation shifts focus to user experience, layer-1 scaling

The Ethereum Foundation, the nonprofit organization developing the Ethereum ecosystem, is shifting its focus to user experience and layer-1 scaling challenges following its March leadership reshuffle.  On April 21, the Ethereum Foundation co-executive director Tomasz Stańczak shared an X post detailing how the organization has changed since its change in leadership structure. Stańczak said the […]

Crypto adoption will be driven by high-growth markets, with or without the US

Crypto adoption will be driven by high-growth markets, with or without the US

Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit […]

Metaplanet tops $400M Bitcoin holdings with new $28M purchase

Metaplanet tops $400M Bitcoin holdings with new $28M purchase

Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of […]

US dollar goes 'no-bid' — 5 things to know in Bitcoin this week

US dollar goes 'no-bid' — 5 things to know in Bitcoin this week

Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal […]

Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable

Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable

Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable.  In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6% […]

Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg

Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it […]

Users being polite to ChatGPT is costing OpenAI millions — Sam Altman

Users being polite to ChatGPT is costing OpenAI millions — Sam Altman

OpenAI CEO Sam Altman says users sending “please” and “thank you” messages to ChatGPT is costing the company tens of millions of dollars. “Tens of millions of dollars well spent — you never know,” Altman said on April 16 after being asked to estimate the cost on X. Source: Sam Altman Altman’s response sparked discussion […]