Month: April 2025

As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has…...

Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and a planned $1.36 billion share issue to reduce debt. Russian social media company VK plans to shut down its marketplace for non-fungible…...

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure. The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi)...

A tumultuous week lies ahead, with global stock and commodity markets already reeling from Donald Trump’s trade war. Crypto market sentiment is deep in bearish territory as the selloff accelerates, and this could well continue over the coming week as March inflation data is released in the United States....

More sideways choppy price action? Or is something even more insane about to happen to Bitcoins price? It looks like… we might have one more insane day within bitcoins market, and then, potentially peace? Its what we’ve been talking about since January… and weirdly enough, the day is almost...

Is the Bitcoin bull run over? BTCUSD crashes below $80,000 as sellers dominate, erasing Q4 2024 gains. Will BTC bears dominate in Q2 2024? There has been a harsh shift in the Bitcoin and crypto markets. Despite high optimism and assertions by believers that the recent dip is just...

A major Ether investor has suffered a staggering $106 million loss after being liquidated on the decentralized finance (DeFi) lending platform Sky, as the price of Ethereum (ETH) plunged sharply on April 6. According to data from Maker Vaults explorer DeFi Explore and blockchain tracker Lookonchain, the investor, often...

Hong Kong’s Securities and Futures Commission (SFC) has officially authorized licensed virtual asset trading platforms to offer staking services. This move aims to reinforce the city’s status as a leading hub for digital assets in the Asia-Pacific region. The announcement was made on Monday, 7 April 2025,  in tandem...

Tether’s US-only stablecoin may become a reality sooner rather than later. Despite having $144 billion of tokens in circulation globally, Tether, the issuer of the world’s largest stablecoin (USDT), currently does not accept customers in the US. However, Tether’s US-exclusive stablecoin comes as a response to President Donald Trump’s vocally...

Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets. Market...