UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend
Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions. London-based investment firm Abraxas Capital acquired 2,949 Bitcoin (BTC) worth more than $250 million during the four days leading up to April 19. […]
Crypto, DeFi may widen wealth gap, destabilize finance: BIS report
The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto and decentralized finance (DeFi) have “reached a critical mass,” with investor […]
$400M Web3 investment fund ABCDE halts new investments, fundraising
Web3 and blockchain-focused investment fund ABCDE is halting new investments, but the $400 million fund remains committed to supporting its existing projects. In an April 19 X post, ABCDE co-founder and Huobi exchange founder Du Jun said the $400 million fund will no longer invest in new projects or raise capital for the second phase […]
Base creator Jesse Pollak admits ‘Base is for pimping’ art was a mistake
The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.” Several social media users found the artwork offensive and inappropriate. “It was a single phrase among many, but I’ll own this was a mistake and apologize,” Pollak […]
Tariffs, explained: How they work and why they matter
What are tariffs? Tariffs are taxes placed on imported goods by a government or a supranational union. Occasionally, tariffs can be applied to exports as well. They generate government revenue and serve as a trade regulation tool, often to shield domestic industries. Four main categories of tariffs are: Ad valorem tariffs: These are calculated as […]
Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano
Crypto entrepreneur Anthony Pompliano says that US President Donald Trump shouldn’t follow through on his recent threat to fire the head of the US Federal Reserve, saying it would set a dangerous precedent — especially considering the true motive behind it. “I do not believe that the President of the United States should come in […]
Lyn Alden lowers Bitcoin forecast after ‘tariff kerfuffle,’ eyes liquidity
Macroeconomist Lyn Alden expects Bitcoin to finish 2025 higher than its current price of around $85,000, though she says it would have been much higher if not for US President Donald Trump’s tariff announcement in February. “Before all this tariff kerfuffle, I would have had a higher price target,” Alden told Natalie Brunell on the […]
Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren
US Senator Elizabeth Warren warned that if President Donald Trump eventually moves to fire Federal Reserve Chair Jerome Powell, it could undermine investor confidence in the integrity of US capital markets and trigger a financial crash. During an appearance on CNBC, the Massachusetts Senator said the President does not have the legal authority to remove […]
Tokenized stocks could top $1T in market cap — Execs
Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York. The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) — is difficult to project but is “definitely a bigger […]
Price predictions 4/18: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty. Cryptocurrency analysts remain bullish […]