Bitcoin (BTC) centered on $84,000 at the April 16 Wall Street open amid hopes that a weak US dollar would fuel a bull market comeback. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin analysis calls for 2023 rally repeat Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after a swift comedown from local highs the […]
Archives par catégorie: Flash News
Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13. An April 16 announcement titled “Statement of Events: 13 April 2025” reiterates that the crash did not involve any token sales by the project itself, and the Mantra team remains fully functional […]
Opinion by: Mārtiņš Beņķītis, co-founder and CEO of Gravity Team As crypto adoption plateaus in some developed nations, emerging markets have led the charge for adoption. Southeast Asia, Africa and Latin America have become rapid growth centers, with new activity driven by limited banking options, local currency instability and growing smartphone use. The need for […]
Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research. The report suggests that Ethereum’s L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may be cannibalistic of […]
VeChain, a layer-1 blockchain platform focused on real-world applications, has added Ultimate Fighting Championship (UFC) CEO Dana White as its newest official adviser to raise more mainstream awareness of blockchain technology. White, also the founder of Power Slap, will join VeChain’s advisory board next to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world blockchain adoption […]
Real estate-focused financial technology firm Janover has acquired 80,567 Solana tokens for roughly $10.5 million. According to an April 15 announcement, with its latest purchase, Janover’s Solana (SOL) holdings reached 163,651.7 — worth about $21.2 million, including staking rewards. With this investment, the amount of Solana per each of the 1.5 million shares reached 0.11 […]
Crypto market maker DWF Labs announced a $25 million investment in World Liberty Financial, the decentralized finance (DeFi) project backed by US President Donald Trump and his sons, as the company expands into the United States with an office in New York City. On April 16, Dubai-based DWF Labs said it had purchased World Liberty […]
VanEck’s head of research has pitched a new type of US Treasury bond partially backed by Bitcoin to help refinance $14 trillion in US debt. Matthew Sigel pitched the concept of “BitBonds” — US Treasury bonds with exposure to Bitcoin (BTC) — at the Strategic Bitcoin Reserve Summit 2025 on April 15. The new 10-year […]
A monthly market review by publicly traded US-based crypto exchange Coinbase shows that while the crypto market has contracted, it appears to be gearing up for a better quarter. According to Coinbase’s April 15 monthly outlook for institutional investors, the altcoin market cap shrank by 41% from its December 2024 highs of $1.6 trillion to […]
A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the US would have a massive […]
Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability. Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a strategic partnership with AltLayer and EigenLayer […]
Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s […]
Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins […]
Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion. Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013. Gold beats records as Bitcoin ETFs slump As the US trade war […]
The 2025 US-China trade war On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping new import tariffs. Dubbed “Liberation Day,” the policy set a baseline 10% tariff on all foreign goods, with a massive 145% rate on products from China. The move was framed as a way to fix […]
Chipmaking giants Nvidia and AMD have seen their share prices slide in after-hours trading after Nvidia said US restrictions on artificial intelligence chips to China would cause it to face major costs. Nvidia stated in an April 15 regulatory filing that it is expecting around $5.5 billion in charges associated with its AI chip inventory […]
Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research. While many crypto analysts predict new Bitcoin (BTC) all-time highs by June, Markus Thielen said in an April 14 markets report that […]
Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books. Meliuz, which provides cashback and financial technology services, is taking the plan to make Bitcoin (BTC) the primary strategic asset in the firm’s treasury to shareholders in a meeting slated for […]
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges. The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 […]
Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately $41.8 million since Dec. 31, according to a filing with […]