TLDR Ethereum price crashed over 14% in 24 hours, falling below $1,600 A major whale liquidation of $106 million on Sky (formerly Maker) added to selling pressure Trading volume surged nearly 300%, indicating panic selling ETH is testing critical long-term support levels around $1,350-$1,450 The entire crypto market cap dropped by 6%, wiping out approximately …
Monthly archives: April 2025
Aave DAO greenlights $1 million weekly token buyback amid market decline
DeFi’s largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in favor, well above the required 320,000 quorum, while only 2,020 votes opposed it. This move is part of a broader plan to strengthen Aave’s tokenomics …
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Solana slides under $100 amid global trade tensions and on-chain activity slump
Solana (SOL) fell sharply in the past 24 hours, dipping below the psychological $100 threshold as broader market uncertainty triggered heavy sell pressure. According to CryptoSlate data, SOL slid more than 15% during the reporting window, briefly touching $96 before recovering to around $101 at press time. The decline marked a 14-month low for the …
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Bitcoin plummets $9k as Trump’s tariffs spark over $1B liquidation frenzy
Bitcoin tumbled from $83,000 to $74,000 overnight, triggering over $1.36 billion in liquidations across digital asset markets, according to Coinglass. The sharp correction followed escalating trade tensions, with U.S. President Donald Trump announcing sweeping tariffs on nearly all major trading partners late Friday. More than 441,000 traders were liquidated over the 24 hours, with long …
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Pump.fun Reintroduces Live Streaming to 5% of Users with New Moderation Policy After Five-Month Suspension
Pump.fun, the solana-based memecoin launchpad, has reintroduced its live-streaming feature to 5% of users, five months after suspending it due to incidents involving harmful content. Alon Cohen, co-founder of Pump.fun, announced the rollout on X, stating that the platform now includes “industry standard moderation systems in place and transparent guidelines.” The newly established Livestream Moderation …
Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil
In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. National High Court of Brazil Establishes Cryptocurrency May Be Seized for Debts Cryptocurrency is being …
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A Sea of Red: Bitcoin Dives Below $75K as World Markets Falter
Bitcoin registered prices below $75K on several cryptocurrency exchanges as various markets shed so-called ‘risk assets’ in anticipation of the potential effects of a prolonged trade war between the U.S. and its key trade partners, such as China and Europe. Bitcoin Nosedives Under $75k as World Stock Markets Plunge Under Trump’s Tariffs Bitcoin registered critical …
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Conor McGregor’s Memecoin Fails to Meet Fundraising Goal, Full Refunds Issued
In a recent announcement from the team behind Conor McGregor’s memecoin, it was revealed that the project failed to meet its minimum fundraising goal, leading to a full refund for all bids. The statement emphasized the need for transparency, declaring, “We need to be real. This is not the end.” McGregor, known for his larger-than-life …
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Bitcoin Plummets Below $75,000, Hits Intraday Low of $74,637 Amid Market Turmoil
Bitcoin’s price has fallen below $75,000, reaching an intraday low of $74,637 as of 2:47 AM EST. This decline marks a significant drop of over 12% today and reflects ongoing economic anxiety amid a broader downturn in financial markets. The cryptocurrency’s recent price movement appears to be closely aligned with volatility in traditional markets, including …
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Regulation: ‘Net Positive’ for Crypto Payments Industry, Bybit Exec Says
The digital payments sector, particularly in cryptocurrency, is a regulatory battleground. Some users welcome regulation for weeding out bad actors and enhancing service quality, while others see it as stifling innovation. The head of Bybit’s payment business unit believes regulation brings clarity, safety, and confidence. Regulation a ‘Net Positive’ for Payments Says Bybit Exec The …
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Crypto Trader Unveils Best-Case Scenario for Bitcoin To Avoid 2021-Style Market Meltdown
A crypto strategist known for making timely Bitcoin calls says he sees a path for BTC to remain in bull territory, amid surging bearish momentum. In a new strategy session, pseudonymous trader Cheds tells his 49,800 YouTube subscribers that Bitcoin bears have had the upper hand ever since BTC broke below its crucial support level …
Crypto plunges as Trump tariff ‘medicine’ brutalizes global stock markets
US President Donald Trump told reporters he wasn’t intentionally engineering a market sell-off, but “sometimes you have to take medicine to fix something.” Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy. The Trump administration hit all countries …
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A defendant tried to use an AI avatar in a legal appeal. It didn’t work
“I don’t appreciate being misled,” said a New York judge after seeing an AI avatar used to represent a defendant. A defendant in a New York appeals court has been slammed by a judge for using an artificial intelligence avatar to represent himself in a recent case. A New York appeals court faced an unusual …
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Trader stakes $0.05 of SOL for 3,000 years: Here’s what it’ll be worth in 5138
The chief investment officer at Kronos Research says the staker could be showing their long-term confidence in Solana, while others say it’s just a silly meme trade. A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham …
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Ethereum whale gets liquidated $106M on Sky amid crypto bloodbath
ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms. An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed. The Ether (ETH) whale lost 67,570 ETH worth around …
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