Tag: Crypto

Sumitomo Mitsui Financial Group, the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin. The stablecoin project, according to a report published on April 1, 2025 by Nikkei, will be a collaboration between…...

Despite a minor recovery this week, Bitcoin’s price continues to struggle well below $90,000. The crypto asset has been under tremendous market stress as traders remained cautious due to economic uncertainties. However, BitMEX co-founder Arthur Hayes believes that Bitcoin could surge to $250,000 by the end of 2025. Bitcoin’s...

Although Strategy’s (MSTR) aggressive buying of bitcoin (BTC) has sent its shares soaring over 2,500% over the past five years, one analyst argues that the reverse could soon be the case. “While we were negative on several respects upon initiation, we have gained incremental confidence that the convertible issuance...

TL;DR The broader crypto market has posted impressive gains over the past 24 hours, led by bitcoin’s surge past $85,000. However, PI continues to disappoint even in such more positive times, as its price is close to breaking below $0.7 after another minor daily decline. PI Token Price. Source:...

April 2, 2025, marks what President Donald Trump calls “Liberation Day.” On this day, he plans to roll out a series of new import taxes on various countries. These tariffs, previously delayed, are now expected to take effect. The full […] The post Trump’s Liberation Day: What It Means...

Coinbase has experienced a significant decline in its stock value, dropping approximately 30% in the first quarter of 2025. It’s been a tough first quarter for Coinbase’s stock. Coinbase (NASDAQ: COIN) experienced a 31% decline, marking its worst quarterly performance…...

The first quarter of 2025 ended on a sour note, with Bitcoin (BTC) and Ethereum (ETH) posting their weakest quarterly performance in nearly a decade. Data from the crypto futures trading and information platform CoinGlass shows that last quarter was the worst Q1 BTC and ETH have posted since...

Ethereum co-founder Vitalik Buterin has again made the news with a big donation to a Swiss project called Zuitzerland. Isla, a Web3 researcher developing the project, received the 274 ETH, equivalent to around $500,000, from Buterin, according to reports. The donation was identified by Onchain Lens, a blockchain monitoring...

The U.S.’ crypto-friendly stance could increase the level of risk in financial markets by deepening the connections between traditional finance (TradFi) and the digital asset economy, according to regulator the European Securities and Markets Authority. “This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors,”...

A number of altcoins and memecoins saw a sharp sell-off on April Fools’ Day, April 1, with some tokens, including Act I The AI Prophecy, dropping nearly 60% in minutes. Act I The AI Prophecy (ACT), a token associated with the eponymous project focused on artificial intelligence, plunged 58%...