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Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
29.4.2025
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...
Tether still dominates stablecoins despite competition — Nansen
28.4.2025
Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt (USDT) continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April...
Arizona legislature passes Bitcoin reserve bills, moving closer to stockpiling crypto
28.4.2025
Lawmakers in the Arizona House of Representatives passed two bills that could allow the state to adopt a reserve using Bitcoin (BTC) or other cryptocurrencies.In a third reading on April 28 of Senate Bill 1025 (SB1025), a proposal to amend Arizona’s statutes to allow for a strategic...
Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week
28.4.2025
Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes.If PCE, the ISM PMI, and jobs data align with market expectations, BTC could rally. Bitcoin...
Gold-backed cryptocurrencies spike amid global trade uncertainty
28.4.2025
Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520...
US senators press for answers on Trump's crypto interests
28.4.2025
Massachusetts Senator Elizabeth Warren has called on government officials to address questions related to US President Donald Trump’s memecoin and his media company.In an April 25 letter to Jamieson Greer, acting director of the US Office of Government Ethics (OGE), Warren, a Democrat from...
Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals
28.4.2025
Key Takeaways:Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.Positive funding rates point...
Price predictions 4/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
28.4.2025
Key points:Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high.Solid spot Bitcoin ETF inflows do not always signal a short-term top.Select altcoins are showing early signs of a short-term trend change.Bitcoin (BTC) pierced the $95,000 resistance...
Global central bank gold rush could spark Bitcoin price run to new all-time highs
28.4.2025
Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting...
Loopscale hacker in talks to return stolen crypto
28.4.2025
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults...
Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?
28.4.2025
Key Takeaways:Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets.Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000.A true breakout toward $100,000 will require Bitcoin to decouple from...
Polymarket bets on Mark Carney for PM as Canadians head to the polls
28.4.2025
Update (April 29 at 12:40 am UTC): This article has been updated to include information on Elon Musk’s and Brian Armstrong’s citizenships.Crypto users betting on the outcome of the snap election to determine Canada’s next prime minister appear to be favoring a Liberal Party...
Ethereum Fusaka scheduled for late 2025: EVM upgrade likely included
28.4.2025
Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official.In an April 28 X post, Ethereum Foundation co-executive director Tomasz Kajetan Stańczak said that the organization is aiming to deploy...
Bitcoin price chart looks set for $100K, SUI, AVAX, TRUMP and TAO expected to follow
27.4.2025
Key points:Bitcoin booked a 10% gain in the past week and technical indicators remain bullish going into a new week.Analysts expect Bitcoin to gain an additional 40% by the end of the yearSelect altcoins are showing a positive bias on improving crypto sentiment.Bitcoin (BTC) rose more than 10% this...
'Strategy is synthetically halving Bitcoin' — Author and analyst
27.4.2025
Michael Saylor's Strategy is "synthetically halving Bitcoin" (BTC) by purchasing half or more of the newly minted supply from miners every single month, according to Adam Livingston, a BTC analyst and author of "The Bitcoin Age and The Great Harvest."Livingston said miners currently produce around...
Ethereum community members propose new fee structure for the app layer
27.4.2025
Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to strike a balance between revenue generation for app builders and fairness in fee extraction.The April 27 proposal outlined a simple equation that uses a square root...
DeFi Development seeks $1B to boost Solana investments, expand treasury
26.4.2025
DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders...
Trump’s WLFI crypto investments aren’t paying off
26.4.2025
World Liberty Financial (WLFI), the crypto firm associated with the family of US President Donald Trump, made waves when it debuted late last year.WLFI caused a stir when it launched ahead of the president’s inauguration. Observers have accused the project of front-running important...
Nasdaq Tells SEC Precise Crypto Labeling Will Be Everything in Future Regulation
25.4.2025
A highly specific taxonomy is needed for the U.S. to move forward with crypto regulation, the company argued in a letter to the agency
Here’s what happened in crypto today
25.4.2025
Today in crypto, ARK Invest has said Bitcoin could hit a top of $2.4 million by 2030, the CME Group said it plans to launch XRP futures contracts and The Bitcoin Standard author Saifedean Ammous said Donald Trump's tariffs reversal may reflect concerns over rising bond yields. ARK Invest ups...