VanEck to launch ‘NODE’ ETF targetting crypto-related stocks on May 14
VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck’s head of digital assets, Matthew Sigel, announced in an Apr. 16 post on X that the…...
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Synthetix’s sUSD stablecoin falls below $0.8 despite peg recovery measures
Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours.…...
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Mike Novogratz’s Galaxy Ventures Fund on track to raise $180m for crypto startups
Billionaire Mike Novogratz’s Galaxy Ventures Fund I LP is on track to raise up to $180 million by June to back early-stage crypto and blockchain startups, with a focus on payments and stablecoins. According to unnamed sources cited in an…...
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Russia finance ministry official floats country making own stablecoins: Report
A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether. Deputy director of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, said the...
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Bitcoin online chatter flips bullish as price chops at $85K: Santiment
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment...
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Bhutan Flexes Hydropower For Bitcoin Mining, Explores Sale Of ‘Green’ Coins
Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened: In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan’s sovereign wealth fund, Druk Holding and Investments Ltd., revealed the Himalayan nation’s...
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Q1 Has Been The Best Worst Quarter in Crypto History: Bitwise
In a crypto market review released on April 16, asset manager Bitwise described Q1 2025 as “the best worst quarter in crypto’s history.” It was a “frustrating” period for the industry, said the firm’s chief investment officer, Matt Hougan. Q1 has been historically positive with the first pro-crypto US president...
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Three Wallets Snag ‘Base is for everyone’ Tokens Before Official Announcement, Profiting $666K
Token debuts remain a contentious issue, often criticized for their poor execution that allows individuals, supposedly armed with insider information about impending launches, to profit through front-running campaigns. The latest example is the “Base is for everyone” token announced by Coinbase’s Ethereum Layer 2 solution Base on Wednesday. Three...
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Coinbase’s Base sparks controversy after experimental token melts down, then rockets back
The incident highlights the volatility and risks of experimental tokenization, underscoring the need for clearer market guidelines and user education. The post Coinbase’s Base sparks controversy after experimental token melts down, then rockets back appeared first on Crypto Briefing....
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Raydium debuts LaunchLab to rival memecoin maker Pump.fun
The firm behind the Solana-based automated market maker (AMM) Raydium has launched its memecoin-making protocol, LaunchLab, which looks to compete with Pump.fun. The arrival of LaunchLab on April 16 comes a month after Pump.fun, previously a key contributor to Raydium’s revenue, severed ties with the firm by moving its...
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