[Update: GDP came in well under estimates, contracting by 0.3%.] At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly …
Continue reading “Bitcoin beats falling US GDP growth trend as Q1 data risks stagflationary economy”
The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report published …
Continue reading “Bitcoin Dips Slightly as US Economy Shrinks”
On April 30, 2025, Malaysia launched the Malaysia Blockchain Infrastructure (MBI), a step in its digital transformation journey aimed at unifying fragmented digital ecosystems and making blockchain-based services accessible to all. Developed by MIMOS Berhad and MY E.G. Services Berhad, and powered by the Zetrix public layer-1 blockchain, MBI is designed to facilitate seamless cross-border …
Bloomberg Intelligence exchange-traded fund (ETF) analysts Eric Balchunas and James Seyffart have released updated odds for 2025 U.S. spot cryptocurrency ETF approvals, assigning a 90% chance to solana ( SOL). Bloomberg Intelligence Analysts Forecast 90% Chance for Solana, Litecoin Spot ETFs The analysts note that litecoin ( LTC) and digital asset index baskets also have …
Continue reading “Solana, Litecoin, and XRP Lead 2025 ETF Approval Odds”
Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that would …
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Bitcoin ETFs continued their winning streak with an eighth consecutive day of inflows, bringing in $173 million as Blackrock’s IBIT remained the dominant force. Ether ETFs held firm, notching their fourth straight day of inflows, led by Fidelity’s FETH. Bitcoin and Ether ETFs Keep Momentum With $191 Million Combined Inflows The crypto exchange-traded funds (ETF) …
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Crypto veteran Arthur Hayes says he looks for two main features when considering what digital asset protocols to invest in. The BitMEX founder notes in a new interview with The Rollup that he specifically looks for protocols that have a track record of users spending their own money for the project’s services. “They’re not spending …
April 30th, 2025 – Sydney, Australia STEPN, the leading Web3 lifestyle app, is proud to announce a new global partnership with the Argentina Football Association – The World Cup winners and one of the most celebrated teams in football history. This two-year-long partnership brings together two global leaders in their respective fields: STEPN, a trailblazer …
Continue reading “STEPN and the Argentina Football Association Announces their latest NFT Drop”
The top stablecoins are booming on the layer-1 blockchain Tron (TRX), according to the crypto tracker Lookonchain. Lookonchain notes that the value of USDT and USDC on Tron surged by $2.17 billion in the past week. USDT and USDC are the top two stablecoins by market cap, respectively. The stablecoin issuer Tether minted another 1 …
BitcoinOS and Starknet are on the verge of adding smart contract functionality to Bitcoin — with, or without, the controversial OP_CAT fork. BitcoinOS and Starknet arent waiting around for the controversial OP_CAT hard fork to add new functionality to Bitcoin, with both projects devising innovative ways to scale Bitcoin using zero-knowledge (ZK) proofs right now.The …
Continue reading “ZK-proofs unlock trillions in Bitcoin for DeFi — BitcoinOS and Starknet”
FIFA is launching a new EVM-compatible blockchain, which will host its NFT collections and fan experiences. The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30. FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility …
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Bitcoin volatility drops to a 563-day low, suggesting asset maturity as Arthur Hayes forecasts a $1 million BTC price by 2028 amid rising ETF flows and investor confidence. Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new …
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The indicator is making a strong case for a Bitcoin price rally toward $100,000 and higher, helped further by growing bullish signals from the futures market. Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that …
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As forex takes the spotlight, BProTrade’s proving it can lead traders through the shifts with precision. The forex market is buzzing with activity as 2025 unfolds, and BProTrade.io is stepping up to meet the moment. On Sunday, March 16, 2025, the EUR/USD pair surged 2% following hints from the European Central Bank (ECB) about potential …
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April 30th, 2025 – Victoria, Seychelles The exclusive wallets made their debut at the TOKEN2049 event, where attendees had the chance to receive them for free through on-site interactive activities. This special edition wallet retains the advanced security features of the original Ledger Nano X, while incorporating custom BYDFi design elements, including visual branding and …
