British multinational bank Standard Chartered is saying that Bitcoin (BTC) could hit a new all-time high over the coming weeks, according to a new report. Standard Chartered’s head of digital assets research, Geoffrey Kendrick, sees Bitcoin appreciating by around 26% from the current level and reaching a price of $120,000 before the end of Q2 …
Monthly archives: April 2025
Ethereum ETF staking will have little impact without multimonth rally: Analyst
Bloomberg ETF analyst Eric Balchunas says Ether needs “more than just a good week here and there.” Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric Balchunas ETH dropped significantly in price after the launch of …
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Ethereum (ETH) Price: Technical Indicators Point to $2,100 Target in Near-Term
TLDR Ethereum maintains $1,800 support level with price showing resilience amid broader altcoin market rotation ETH trading volume remains steady, suggesting patient accumulation rather than sell-offs Trump Media’s new token announcement has sparked interest in crypto markets, with spillover effects for Ethereum Key technical support at $1,735 aligns with Elliott Wave pattern projections Institutional interest …
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BlackRock unveils blockchain-enabled shares for $150B money market fund
BlackRock, the world’s largest asset manager, has made additional moves to incorporate blockchain technology into its traditional finance operations. According to an April 28 filing with the US Securities and Exchange Commission (SEC), the firm seeks approval to introduce a blockchain-enabled share class, referred to as “DLT Shares,” tied to its $150 billion money market …
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DWF Labs Named Official Market Maker for JST as JUST Ecosystem Expands
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Dubai, UAE – April 29, 2025 – DWF Labs, the new generation Web3 investor and market maker, today announced that it will operate as the official market maker for JST, the native governance token of the …
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SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD
The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according to the company’s latest 10-Q filing. The decision, disclosed in Q1 2025 financials, follows a November 2023 subpoena that had raised industry speculation over whether PYUSD might be treated as an unregistered …
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Trump Media pivots to crypto with planned TruthPlus token, DeFi platform and digital wallet
Trump Media and Technology Group, the company behind Truth Social and backed by US President Donald Trump, is preparing to deepen its involvement in the crypto space. On April 29, Trump Media CEO Devin Nunes revealed that the firm is considering working on a utility token and a digital wallet to support transactions within its …
EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA
On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the …
UK Treasury Unveils Draft Cryptoasset Regulations, Seeks Feedback by May 2025
On April 29, 2025, the UK Treasury announced the release of a draft Statutory Instrument (SI) and a Policy Note detailing the UK’s upcoming financial services regulatory framework for cryptoassets, including stablecoins. Following proposals outlined in October 2023 and reaffirmed in November 2024, the draft SI establishes new regulated activities, such as operating cryptoasset trading …
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Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges
AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s AUSTRAC is taking decisive action against inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or risk forced cancellation. The agency …
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Bunq Launches Crypto Investing in Banking App, Expanding Services Across Europe and Beyond
On April 29, 2025, Bunq, the second largest neobank in Europe, announced the launch of Bunq Crypto, enabling users to invest in cryptocurrencies directly through its secure banking app. Initially available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, the service will gradually expand to the entire European Economic Area, as well as the …
Gate Secures Key VASP License in Dubai, Eyes Regional Growth
The United Arab Emirates division of the cryptocurrency exchange Gate has secured a license from Dubai’s Virtual Assets Regulatory Authority, allowing it to offer exchange services to institutional and retail investors. Gate’s Commitment to Operating Within Legal Frameworks Gate Technology FZE, the United Arab Emirates (UAE) division of the cryptocurrency exchange Gate Group, has been …
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UAE Greenlights Stablecoin Issuer Circle as Money Services Provider
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company and issuer of the USDC stablecoin, has received In-Principle Approval (IPA) from the …
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Team behind popular Telegram wallet Grindery reveals wallet infra for AI agents
April 30th, 2025 – Singapore, Singapore The Binance Labs-backed company is building Aventino, the permissionless payments layer for autonomous AI agents. Following the success of its Binance Labs-incubated (now Yzi Labs), self-custodial crypto wallet with 3.5 illion users, Grindery has turned its sights on building the permissionless payments layer for AI agents. The team behind …
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Analyst Predicts Fresh Crypto Rallies Led by Bitcoin, Says BTC Looking Strong and Healthy
An analyst who continues to grow a following with timely Bitcoin calls believes that BTC is primed to spearhead the next wave of crypto rallies. Pseudonymous analyst Credible tells his 467,100 followers on the social media platform X that Bitcoin’s capital flows indicate that BTC is gearing up for another upside burst. According to the …