Blockstream chief executive Adam Back has a huge prediction for Bitcoin’s (BTC) market cap. Back says on the social media platform X that the business intelligence firm Strategy and other companies employing a BTC treasury policy “are an arbitrage of the dislocation between the Bitcoin future and today’s fiat world.” “A sustainable and scalable $100-$200 …
Monthly archives: April 2025
SoFi CEO Says Bank To Bring Back Crypto Investing After Trump Triggers Shift in Regulatory Landscape: Report
The head of a fintech giant SoFi says the firm is bringing back crypto banking thanks to the new presidential administration’s stance on the industry. In a new interview with CNBC, SoFi CEO Anthony Noto says crypto is returning to the company after SoFi had to halt crypto activities in 2023 due to regulatory pressure. …
Crypto Lending Platform Nexo Returns to US Market on ‘Renewed Optimism and Entrepreneurial Momentum’
Crypto lender Nexo says it’s planning to reopen operations in the United States as the country has become more welcoming of digital assets. In a new thread on the social media platform X, Nexo says it will resume services for American customers after shutting them down about two years ago when running afoul of US …
Nasdaq Submits Application to SEC To List Spot Dogecoin (DOGE) ETF Sponsored by 21Shares
One of the top stock exchanges in the world has filed to list a spot-based exchange-traded fund (ETF) for the original memecoin. Nasdaq has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to list a Dogecoin (DOGE) ETF that will be sponsored by 21Shares, a financial firm specializing in crypto investments. …
UK gov’t proposes crypto rules in response to scams
The notice from HM Treasury suggested the policies were in response to increasing crypto ownership in the UK and the risk from scams and bad actors. The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.” In an April 29 …
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$649B stablecoin transfers linked to illicit activity in 2024: Report
Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities. Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those …
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Bitcoin ‘hot supply’ nears $40B as new investors flood in at $95K
Bitcoin is enjoying a “surge in capital turnover” as speculators begin to take an interest in the market thanks to multimonth BTC price highs, new analysis says. Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local …
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Bunq, Europe’s second-largest neobank, expands into crypto
An estimated 65% of European citizens are seeking a single application to manage their banking, savings and cryptocurrency investment, according to Bunq’s research. Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide. The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering …
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Bitcoin Now Emerging As Safe-Haven Asset Following Trump’s ‘Liberation Day,’ According to Crypto Firm NYDIG
Bitcoin (BTC) is looking more like a safe-haven asset amid the financial wreckage caused by President Donald Trump’s tariff rollouts, according to the digital asset investment management firm NYDIG. Greg Cipolaro, the global head of research at NYDIG, notes in a new analysis that Bitcoin demonstrated some decoupling with equities, US Treasuries and the dollar …
Russian ruble stablecoin: Exec lists 7 ‘Tether replica’ features
As the Russian government reportedly eyes ruble-backed stablecoins, a local industry executive warned that a viable “Tether replica” would require a lot of effort. The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core …
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Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance
Nasdaq has filed a 19b-4 form with the US Securities and Exchange Commission (SEC) to support the listing of a new 21Shares Spot Dogecoin (DOGE) Exchange-Traded Fund (ETF), according to an April 29 filing. The proposed fund would offer investors passive exposure to Dogecoin’s price without engaging in speculative trading activities like leverage, derivatives, or …
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s …
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BlackRock’s IBIT holds over 3% of Bitcoin supply following record $970 million inflow
BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot BTC exchange-traded fund by net assets, recorded a positive inflow of $970 million on April 28. This marks its second-largest single-day inflow since launching in January 2024. The strong inflow pushed IBIT’s assets under management to over $56 billion. According to SoSoValue data, the fund controls over …
Likely $150M TRUMP insider wallet moves $20M tokens to exchanges as price dips
A wallet reportedly linked to the official Donald Trump memecoin project has transferred nearly $20 million worth of TRUMP tokens to centralized exchanges. On April 29, on-chain analyst EmberCN reported that the team’s wallet transferred 1.346 million TRUMP tokens, valued at $19.53 million, to three major exchanges. Data from Arkham Intelligence, cited by EmberCN, revealed …
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P2P.org Joins TRON Network as Newest Super Representative
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › George Town, Grand Cayman, Cayman Islands – April 29, 2025 – P2P.org, a leading validation and staking provider across multiple blockchain networks, has been officially elected as a TRON Super Representative (SR), supporting TRON’s mission to …
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