Month: April 2025

The Cardano Foundation has rolled out Veridian, a new open-source platform aimed at helping people and businesses manage their digital identities, according to a Friday release. Alongside it comes the Veridian Wallet, a tool designed to keep personal info secure and let users prove who they are online without...

Avara, the parent company of decentralized finance (DeFi) platform Aave, has announced the arrival of Lens Chain mainnet, a fast and inexpensive Ethereum overlay blockchain for developing decentralized social media applications. There are now several blockchain-oriented, or “Web3,” startups looking to provide users with an alternative to the giant,...

Looming recession fears are making traders hedge their bets, as falling funding rates and other indicators show....

BitMEX co-founder Arthur Hayes believes the economic chaos triggered by U.S. President Donald Trump’s sweeping tariffs will inevitably lead to a monetary easing cycle, which, in his view, will act as rocket fuel for Bitcoin (BTC). With digital asset markets struggling to stabilize, the crypto enthusiast is doubling down...

The U.S. employment situation continued to roll along in strong fashion in March, adding another piece to the puzzle as the Federal Reserve contemplates the path of short-term interest rates in a world that’s markedly changed in the last 48 hours. Nonfarm payrolls rose by 228,000 last month, the...

Coinbase Global Inc. (NASDAQ:COIN) has just flashed a dreaded Death Cross, the technical indicator that sends shivers down bullish spines. The stock’s 50-day simple moving average (SMA) has plunged below the 200-day SMA, historically a signal of bearish momentum. But before you start shorting Coinbase’s stock into oblivion, there’s...

A series of Bitcoin transfers from wallets linked to the Bhutanese government has caught the attention of cryptocurrency watchers. According to blockchain data from Arkham, addresses tied to Druk Holdings, the commercial arm of Bhutan’s government, moved 419.5 Bitcoin worth approximately $34.51 million to an unidentified address on April...

First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun. First Digital USD (FDUSD) depegged on April 2, briefly falling as low as $0.87 after Sun claimed that First Digital...

Bitcoin (CRYPTO: BTC) is increasingly demonstrating a dual identity—mirroring the performance of high-growth tech stocks while simultaneously acting as a hedge against broader financial uncertainty, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. In a market note shared with Benzinga on Friday, Kendrick highlighted recent...

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