70% chance of crypto bottoming before June amid trade fears: Nansen
The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations, which have been limiting investor sentiment in both traditional and digital markets. US President Donald Trump is set to detail on April 2 his reciprocal import tariffs, measures aimed at reducing the country’s estimated […]
Trader uncovers signs XRP price may have bottomed — Is a rally to $3.80 next?
XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02. The price then increased by 9% to $2.20 before retracing to the current levels. Has the popular altcoin finally bottomed out, or is there a deeper retracement in the cards? XRP bullish divergence on multiple timeframes The […]
VanEck eyes BNB ETF with latest Delaware trust filing
Investment company VanEck filed to register a Delaware trust company for an exchange-traded fund (ETF) tracking Binance-linked BNB cryptocurrency. VanEck, on March 31, registered a new entity under the name VanEck BNB ETF in Delaware, according to public records on the official Delaware state website. In filing 10148820, the entity is registered as a trust […]
Bitcoin can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes
Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world’s first cryptocurrency. Bitcoin’s (BTC) 2025 price rally may be boosted by the US Federal Reserve pivoting to quantitative easing (QE), when the Fed buys bonds and pumps money […]
7-Eleven South Korea to accept CBDC payments in national pilot program
South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project. The convenience store chain will reportedly provide a 10% discount on all products paid for with CBDC during the test period. According to Moon Dae-woo, head […]
Sony Electronics Singapore accepts USDC payments through Crypto.com
The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com. According to an April 2 announcement, Sony Electronics Singapore now accepts USDC (USDC) stablecoin payments through an integration with the Crypto.com exchange. Crypto.com Singapore general manager Chin Tah Ang said: “We’re pushing to make paying in […]
Bitcoin sales at $109K all-time high ‘significantly below’ cycle tops — Research
Bitcoin (BTC) investors who bought BTC in 2020 or later are still waiting for higher prices, new research says. In findings published on X on April 1, onchain analytics firm Glassnode revealed that $110,000 was not high enough to make many hodlers sell. Glassnode: 2020 Bitcoin buyers “still holding” Bitcoiners who entered the market between […]
Nakamoto coefficient explained: Measuring decentralization in blockchain networks
Measuring decentralization in blockchain Decentralization involves spreading control and decision-making across a network instead of a single authority. Unlike centralized systems, where one entity controls everything, decentralized blockchains distribute data among participants (nodes). Each node holds a copy of the ledger, ensuring transparency and reducing the risk of manipulation or system failure. In blockchain, a […]
Crypto PAC-backed Republicans win US House seats in Florida special elections
Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida. Republican Jimmy Patronis won the vacant seat in Florida’s 1st Congressional District to replace Matt Gaetz, taking 57% of the vote to defeat Democrat Gay Valimont, according to […]
SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’
The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange’s Gemini Earn program, saying they want to discuss a potential resolution. In an April 1 letter to New York federal court judge Edgardo Ramos, lawyers representing the SEC and Genesis requested a 60-day hold on […]