Archives par catégorie: Flash News

‘Bad breach of ethics’ — Musk echoes crypto execs in backlash against WSJ

‘Bad breach of ethics’ — Musk echoes crypto execs in backlash against WSJ

Tesla CEO Elon Musk has lashed out at The Wall Street Journal (WSJ), calling the publication’s latest report “an EXTREMELY BAD BREACH OF ETHICS,” after it claimed the Tesla board was actively seeking his replacement as CEO. The report, published on April 30, alleged that the board had approached recruitment firms due to concerns over […]

Strategy ends April up 32% in best month since November as Q1 earnings loom

Strategy ends April up 32% in best month since November as Q1 earnings loom

Key takeaways: Strategy’s stock rose 32% in April, its biggest monthly gain since November. Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings. Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 […]

Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK

Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK

Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK. CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams in April, jumping from […]

Sam Altman’s eye-scanning crypto project World launches in US

Sam Altman’s eye-scanning crypto project World launches in US

OpenAI CEO Sam Altman’s crypto-tied digital identity project World, formerly Worldcoin, has made its US debut in six cities.  The project, which aims to verify humans in the age of artificial intelligence, is initially coming to what it calls the “key innovation hubs” of Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco, according to […]

Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec

Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec

The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says. Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told Cointelegraph at TOKEN2049 in Dubai that “the advantage of Bitcoin DeFi is […]

North Carolina House passes state crypto investment bill

North Carolina House passes state crypto investment bill

North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate. The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by a vote of 71 to 44. Republican House […]

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 […]