Archives par catégorie: Flash News

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty. Galaxy CEO Mike Novogratz says the listing will broaden the company’s investor base and US presence. The Toronto Stock Exchange (TSX) listed […]

US crypto groups urge SEC for clarity on staking

US crypto groups urge SEC for clarity on staking

Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services. The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter to the agency’s Crypto Task Force lead, SEC […]

Crypto token failures soar, with 1 in 4 launched since 2021 dying in Q1: CoinGecko

Crypto token failures soar, with 1 in 4 launched since 2021 dying in Q1: CoinGecko

About one in four crypto tokens launched since 2021 have failed in the first quarter of this year amid a crypto market downturn and token creation becoming easier than ever, says crypto data platform CoinGecko. Since 2021, nearly 7 million cryptocurrencies have been listed on CoinGecko’s token tracking tool GeckoTerminal, and over half, or 3.7 […]

XRP traders predict new all-time highs as ETF approval odds rise to 85%

XRP traders predict new all-time highs as ETF approval odds rise to 85%

Key takeaways: XRP ETF approval odds rise to 85% following a SEC leadership change. Analysts predict XRP could rise to new all-time highs again in 2025. XRP price dropped by 5% over the past 24 hours as US GDP data showed a shrinking economy. However, a strengthening market structure and investors’ growing hope for a […]

Solana futures open interest nears all-time high — Will SOL price follow?

Solana futures open interest nears all-time high — Will SOL price follow?

Key points: Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence. SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest. With rising DEX volumes and a $9.5 billion TVL, SOL could rally to $200 before a potential spot ETF […]

Robinhood beats Q1 estimates despite revenue, crypto trading dip

Robinhood beats Q1 estimates despite revenue, crypto trading dip

Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4. Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping Zacks analyst estimates by 3.16%. The company’s crypto […]

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open new positions. Ether (ETH) has been trading below $1,900 since March, leading investors to question whether the failed […]

'To have freedom of money, you have to have freedom of speech' — CZ

'To have freedom of money, you have to have freedom of speech' — CZ

Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that his investment in social media platform X was aimed at protecting freedom of speech. The former Binance executive joined a fireside panel with macroeconomic analyst Raoul Pal to discuss the […]

‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder

‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder

The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance firm established in 2013. “In the early days, only a few companies approached compliance in a serious way,” Smith told Cointelegraph at the Token2049 event. “Coinbase was our first customer […]

Bloomberg Intelligence boosts Solana ETF approval odds to 90%

Bloomberg Intelligence boosts Solana ETF approval odds to 90%

Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform.  The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding XRP (XRP) and Dogecoin (DOGE), Bloomberg analyst Eric […]

Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY […]

Stablecoins on track for $2T market cap by 2028 — US Treasury

Stablecoins on track for $2T market cap by 2028 — US Treasury

US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion, but “[e]volving market dynamics [have] the potential to accelerate stablecoins’ trajectory to reach ~$2tn in […]

Coinbase files brief with US Supreme Court in support of taxpayers' privacy

Coinbase files brief with US Supreme Court in support of taxpayers' privacy

US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform. In an April 30 filing in the Supreme Court of the United States (SCOTUS), lawyers for Coinbase argued that a […]

CZ aims to teach 1 billion kids through Giggle Academy — Token2049

CZ aims to teach 1 billion kids through Giggle Academy — Token2049

Binance co-founder Changpeng “CZ” Zhao wants to provide free education for up to a billion children worldwide with his Giggle Academy venture, he told an audience at Token2049 in Dubai, United Arab Emirates (UAE). « In a few years, I think, I want to teach 100 million or 1 billion kids for free,” Zhao told the […]

3 Ethereum charts flash signal last seen in 2017 when ETH price rallied 25,000%

3 Ethereum charts flash signal last seen in 2017 when ETH price rallied 25,000%

Key takeaways: Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles. ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally. The MVRV Z-Score has entered the accumulation zone, signaling undervaluation. Ethereum’s native token, Ether (ETH), is flashing a combination of […]

Bitcoin ‘aging’ chart projects sixfold BTC price rally above $350K

Bitcoin ‘aging’ chart projects sixfold BTC price rally above $350K

Key takeaways: Bitcoin’s price increased by sixfold each time its age increased by 40%. If the pattern holds, Bitcoin could rally to $351,046 in 2025. New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price […]

Tether plans US stablecoin launch as soon as this year — CNBC

Tether plans US stablecoin launch as soon as this year — CNBC

Tether plans to launch a stablecoin product in the United States as soon as this year, the stablecoin issuer’s CEO, Paul Ardoino, said in an April 30 CNBC interview. Tether’s flagship stablecoin, USDT (USDT), is already the US dollar’s top “exporter,” Ardoino told CNBC. It has a market capitalization of nearly $150 billion, according to […]

VC Roundup: Funding surge targets confidentiality, tokenization and Web3 infrastructure

VC Roundup: Funding surge targets confidentiality, tokenization and Web3 infrastructure

After months of volatility and extreme fear, crypto markets turned a positive corner in the second half of April, highlighting the industry’s big sentiment shift.  For venture capital, it was business as usual, with investors continuing to pour money into promising startups across layer-1 blockchains, infrastructure, real-world asset tokenization (RWA), and Web3 social media. This […]

Ripple $4B-$5B bid to purchase Circle rejected — Report

Ripple $4B-$5B bid to purchase Circle rejected — Report

Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected. According to an April 30 Bloomberg report, Ripple put in a bid of between $4 billion and $5 billion as part of an attempted takeover of Circle, which was rejected as […]

Ethereum Pectra upgrade goes live next week — Will ETH price rally?

Ethereum Pectra upgrade goes live next week — Will ETH price rally?

Key takeaways: ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network. Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH. Data suggests ETH price bottomed. Will the Pectra narrative reignite bullish momentum? Since 2024, ETH (ETH) […]