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April 15, 2025
Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy.Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of its...
Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin price faces multiple resistance hurdlesData from Cointelegraph Markets Pro and TradingView showed BTC/USD seeking to break through $86,000.Continued strength through the weekend had set up the pair for an attack on levels...
Opinion by: Blake Cassidy, CEO of BambooCrypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow.While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in for the...
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.“While it’s tempting to draw parallels between...
Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100.Ethereum’s market dominance keeps fallingOn April 9, Ethereum’s market dominance, or the measure of Ether’s share of crypto’s overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph Markets Pro and TradingView...
Bitcoin joins the safe-haven debate as trade tensions rise For decades, investors fled to gold and US Treasurys during crises, but in today’s digital, decentralized world, Bitcoin is starting to enter the safe-haven conversation. Despite its volatility, Bitcoin (BTC) has shown signs of resilience during global turbulence, including trade wars, prompting a fresh look at...
The crypto industry’s inability to access banking services still concerns many industry observers despite recent policy victories.In past years, financial services firms and banks concerned about fiduciary risk, reporting liabilities and reputational risk often would refuse to offer service to crypto firms — i.e., “debanking” them. Legislative efforts in the United States and Australia are attempting...
Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity agencies and exchanges to uncover information about the...
Market data shows PumpSwap, the decentralized exchange of memecoin launch platform Pump.Fun, processed $2.5 billion of trades last week.DefiLlama data shows that in the week of April 6, PumpSwap saw a trading volume increase of nearly 40% over the previous week starting on March 30, with its trading volume of $1.8 billion. Since its launch in late...
XRP (XRP) price is up 15% over the past seven days from a low of $1.61. According to several technical analysts, a sustained recovery daily close above $2.20 will signal a strong trend reversal that could put double digits within reach. XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP price must reclaim $2.20After the cryptocurrency market experienced a relief...
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