Archives par catégorie: Flash News

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 […]

Bitcoin whales, pundits continued to stack throughout April, data shows

Bitcoin whales, pundits continued to stack throughout April, data shows

The number of addresses holding more than a thousand Bitcoin has surged in April as whales continue to accumulate.  More than 60 new wallets holding over 1,000 Bitcoin (BTC) have appeared since early March, a signal of increasing whale activity.  The number of these whale wallets has increased from 2,037 in late February to hit […]

Debate as Solana briefly flips Ethereum in staking market cap

Debate as Solana briefly flips Ethereum in staking market cap

The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana.  More than $53.9 billion worth of SOL is now staked on the Solana network from 505,938 unique wallet holders, who are making an 8.31% annualized […]

Blocksquare, Vera Capital ink deal to tokenize $1B in US real estate

Blocksquare, Vera Capital ink deal to tokenize $1B in US real estate

Ethereum-based real-world asset (RWA) tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1 billion.  Announcing the deal on April 18, Blocksquare and Vera Capital said a marketplace would launch in the coming weeks to enable global investors to […]

NFT project plans crowdfund purchase of Cold War nuclear bunker

NFT project plans crowdfund purchase of Cold War nuclear bunker

A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England. Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The the rest will be sold off starting April 21, starting […]

Bitcoin 'breaking out' as it retakes $87K after early April slump

Bitcoin 'breaking out' as it retakes $87K after early April slump

Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest level since late March.  Bitcoin (BTC) surged above $87,400 on April 21, its highest price since March 28, according to TradingView. It has climbed by more than $3,000 from an intraday low of just over […]

Over 13K institutions exposed to Strategy as Saylor hints at BTC buy

Over 13K institutions exposed to Strategy as Saylor hints at BTC buy

Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase by Strategy and said that more than 13,000 institutions now have direct exposure to the company. The company’s most recent acquisition of 3,459 BTC, valued at over $285 million at the time of purchase, on April 14, brought Strategy’s total holdings to 531,644 BTC, […]