Month: April 2025

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Australia’s financial regulator is going after inactive crypto companies still appearing on official lists. The Australian Transaction Reports and Analysis Centre (AUSTRAC) disclosed Tuesday that it would remove registrations from exchanges that have ceased trading but are still on their books. ‘Use It Or Lose It’ Warning To Dormant...

Tether, the issuer behind the nearly $150 billion USDT stablecoin, has finalized the purchase of a 70% stake in the Latin American agricultural firm Adecoagro (AGRO), which has a market cap of nearly a billion dollars. Tether initially invested $100 million in Adecoagro in September 2024 for a 9.8%...

Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform.  The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding XRP (XRP)...

A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5% of all stablecoin activity for that year, which, while a slight decline from 2023’s numbers, remains alarmingly higher than...

US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion, but “[e]volving market dynamics [have] the potential to accelerate...

There was a bit of volatility in crypto on Wednesday, but most of the market continued the weeks’ trend of trading in a very tight range. Shortly after the close of the U.S. stock market, bitcoin (BTC) was changing hands at $94,700, down just 0.4% over the past 24...

Key takeaways: Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles. ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally. The MVRV Z-Score has entered the accumulation zone, signaling undervaluation. Ethereum’s native token, Ether...

U.S. stocks closed mixed on Wednesday, wrapping up a turbulent April marked by economic contraction and trade policy uncertainty.  The S&P 500 rose 0.15%, the Nasdaq Composite lost .086%, and the Dow Jones Industrial Average gained 141 points after new…...

A discarded hard drive, a billion-dollar Bitcoin wallet, and a trash-strewn landfill in Wales are now the foundation for a high-stakes docuseries.  Entertainment company LEBUL announced this week that it has acquired exclusive rights to the story of James Howells,…...