James Ding Apr 11, 2025 19:21 BitMEX introduces BABYUSDT perpetual swaps, offering traders up to 50x leverage. The new listing commenced trading on April 11, 2025, enhancing opportunities for crypto enthusiasts. BitMEX, a leading cryptocurrency exchange, has expanded its trading offerings with the introduction of a new…
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI)…
President Donald J. Trump has officially signed a resolution into law repealing the IRS’s controversial DeFi Crypto Broker Rule. This historic move marks the first time a U.S. president has signed a crypto-related bill into law. The rule, which targeted decentralized finance platforms, faced strong opposition from both sides of the aisle. With bipartisan support,…
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US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied on human workers in the Philippines. Albert Saniger of Barcelona, Spain, founder and former CEO of the company Nate, was charged with one count of securities fraud and wire fraud, the Justice Department said in…
The Argentine Chamber has voted to investigate the LIBRA scandal and President Milei. The Chamber backed the creation of a commission of inquiry into the cryptocurrency promoted by President Milei. LIBRA soared in value after Milei’s endorsement but then crashed over 90% in a matter of hours, causing investors to lose hundreds of millions of…
Key Points: Grayscale and Osprey resolve legal dispute over Bitcoin Trust ETF marketing. Court-mandated settlement to be finalized within 45 days. Bitcoin remains central in institutional crypto investments. Grayscale and Osprey have agreed to settle their dispute over marketing practices related to the Bitcoin Trust ETF. The settlement agreement, following Osprey’s 2023 lawsuit against Grayscale,…
Overview of WBTC, LINK, USDS, and UNI — key Ethereum DeFi tokens enhancing blockchain interoperability, trading, and smart contract functionality. Posted by Yasmin Werner Published on Apr 11, 2025 at 09:45 AM GST Updated on Apr 10, 2025 at 10:22 PM GST News WBTC brings Bitcoin liquidity to Ethereum based DeFi apps by maintaining a…
Recent trade tariffs imposed by President Donald Trump have triggered significant upheaval in global financial markets. While conventional assets have experienced pronounced fluctuations, the cryptocurrency sector has notably maintained a sense of stability. This shift has encouraged both retail and institutional players to explore these alternative investment avenues in response to the heightened market volatility….
Dogecoin’s DeFi TVL plunged over 70%, hitting its lowest since early 2023. Market panic and Trump’s tariff news triggered a sharp liquidity exodus. Confidence in meme-based DeFi ecosystems is rapidly deteriorating. Dogecoin— DOGE, recently took a hard hit—not in price, but where strength really counts—utility. Total Value Locked (TVL) on the network has dipped to…
The cryptocurrency industry is charging into 2025 with renewed vigor, as the world’s largest Bitcoin mining companies collectively generated nearly $800 million worth of BTC in the first quarter alone, riding the wave of strong prices and expanding operations. Simultaneously, Cardano founder and Ethereum co-creator Charles Hoskinson has projected that Bitcoin could skyrocket to $250,000…
President Donald Trump’s recent implementation of trade tariffs has destabilized global markets. While traditional investment assets have faced high volatility, the cryptocurrency market has emerged with remarkable stability. Following these announcements, both individual and institutional investors have shown a growing tendency to shift towards alternative asset classes. The sudden spikes in volatility have prompted new…
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As the first quarter of 2025 wraps up, the crypto market has taken a hit, with Bitcoin and Ethereum posting grim returns. Ethereum, in particular, suffered a significant slump, recording a price drawdown of over 45%. This downturn, which has been ongoing since the Dencun upgrade in March 2024, seems driven by the rise of…
This nascent AI-powered token has emerged as the top altcoin to buy amid the ongoing market instability driven by macroeconomics factors. Backed by its low entry price and advanced AI/ML capabilities, this utility-driven altcoin presents significant long-term growth potential. Thanks to its strong fundamentals, experts remain highly optimistic about its future and have identified three…
A rare CryptoPunk NFT just sold for $6 million at a staggering $10 million loss amid the continued slide in NFT prices. CryptoPunk #3100, one of just nine Alien Punks in the original 10,000-piece collection, was sold for 4,000 Ethereum (ETH), worth about $6.07 million at the time of sale, according to an Apr. 10 …
Around 28,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.25 billion. This week’s event is pretty similar to previous weeks, where derivatives trading has been somewhat muted, so the impact on spot markets is likely to be minimal. Markets have been extremely volatile this week,…
Despite a few positive developments, XRP price has failed to gather momentum and is flirting at the crucial support of $2.0; failing to hold can cause another 40% crash to $1.20. The macro uncertainty and Trump tariff war escalation have cast dark clouds on the crypto space, impacting XRP equally, despite key developments in the…
The US stock market has been increasingly volatile in the first three months of 2025. That has led projections to be shrouded in continued uncertainty amid geopolitical tension and a fragile US economy. Subsequently, Microsoft (MSFT) has recently gotten a price target cut and an outperform rating, with the stock eyeing $475. The mega-cap stock…
President Donald Trump signed the first-ever crypto-specific bill into law on April 10, 2025. The bill sought to repeal the IRS DeFi Broker Rule enacted under the Biden administration. Previously, the resolution passed the Senate with a 70-28 vote and the House with a 292-132 margin. This reflected a widespread recognition of the need to…