Bitcoin price started a revival surge, surpassing the $83,500 zone. At present BTC is now stabilizing and may fight to settle, surpassing the $85,500 zone. Bitcoin started a light recovery wave if it surpassed the $83,500 zone. At present, the price is now trading above $83,000 and the 100-hourly Simple moving average. On the hourly…
Investment manager Vaneck has registered to list an exchange-traded fund (ETF) that will track BNB, the native cryptocurrency of the Binance-linked BNB Chain. The New York-based firm has proposed the establishment of a trust in Delaware as a preliminary step toward a formal application with the U.S. Securities and Exchange Commission (SEC). If approved, Vaneck’s…
Global cryptocurrency platform OKX recently released its 29th consecutive proof-of-reserves (PoR) report, confirming $24.6 billion in primary assets backing customer funds and showing 11% growth since March 2024. The report was independently audited by blockchain security firm Hacken. Reserve Ratios and Asset Breakdown OKX highlighted that the report shows more than 100% reserve ratios for…
BTC Q1 close below $90k because whales play open shorts. After 2018, Ethereum recorded its worst Q1, with a 38% drop. Before Trump’s tariff explanation on April 2nd, the analysts didn’t expect any rally. The first quarter of 2025 is finished in the red by Bitcoin and Ethereum prices, with the market expectations weakened by…
Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud Promotions Africa faces a growing threat from hackers who are hijacking the social media…
UPCX, a decentralized payment network, has temporarily suspended deposits and withdrawals due to unauthorized activity in its management accounts. Unauthorized Transfer of Millions in UPC Tokens UPCX, a decentralized payment network, has announced the temporary suspension of deposits and withdrawals following the detection of unauthorized activity involving its management accounts. In an update shared via…
Metaplanet Inc. added 696 BTC in Q1 2025, using options to lower acquisition costs. The firm’s total Bitcoin holdings reached 4,046 BTC. Japan’s Metaplanet Grows Bitcoin War Chest to 4,046 BTC Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), announced on April 1 that it had increased its…
The U.S. dollar’s reign as the world’s safe-haven currency is under threat, an expert warns, citing inflation, tariffs, and fading global trust in U.S. leadership. US Dollar Could Lose Global Throne With Inflation Rising and Allies Backing Away A major shake-up to the global financial order could be looming, according to Nigel Green, CEO of…
Circle Internet Group Inc., a leading stablecoin operator, is aiming to go public with an S-1 filing that outlines major opportunities and challenges in the fast-evolving digital finance sector. Circle’s High-Stakes Leap Into Public Trading Circle, the issuer behind the widely circulated stablecoin USDC, has unveiled plans for an initial public offering (IPO), signaling a…
The world’s largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether’s primary bitcoin wallet on March 31st. The…
