Day

April 16, 2025
Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability.Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a strategic partnership with AltLayer and EigenLayer to...
Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market.According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post:“Today, I’m thrilled to announce the launch of OKX’s centralized crypto...
Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments.Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins present...
Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion.Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013.Gold beats records as Bitcoin ETFs slumpAs the US trade war sees investors flee...
The 2025 US-China trade war On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping new import tariffs.Dubbed “Liberation Day,” the policy set a baseline 10% tariff on all foreign goods, with a massive 145% rate on products from China. The move was framed as a way to fix long-standing...
Chipmaking giants Nvidia and AMD have seen their share prices slide in after-hours trading after Nvidia said US restrictions on artificial intelligence chips to China would cause it to face major costs.Nvidia stated in an April 15 regulatory filing that it is expecting around $5.5 billion in charges associated with its AI chip inventory due...
Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research.While many crypto analysts predict new Bitcoin (BTC) all-time highs by June, Markus Thielen said in an April 14 markets report that he...
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges.The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 report.Chinese...
Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books.Meliuz, which provides cashback and financial technology services, is taking the plan to make Bitcoin (BTC) the primary strategic asset in the firm’s treasury to shareholders in a meeting slated for May...
Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately $41.8 million since Dec. 31, according to a filing with the...
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