Day

April 23, 2025

Binance tightens South African compliance rules for crypto transfers

April 23, 20250
Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals.In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands.Starting April 30, Binance users in South...

Bitcoin exchange buying is back as 'Spoofy the Whale' lifts $90K asks

April 23, 20250
Key points:Whales on Binance joins Coinbase in adding BTC exposure as Bitcoin recovers above $90,000.The Coinbase premium is back in the green amid a broad risk-asset relief rally.Resistance attributed to an entity dubbed “Spoofy the Whale” at $90,000 disappears.Bitcoin (BTC) has fresh whale buying pressure across major exchanges as large-volume investors boost BTC price gains.New...

What are spot Solana ETFs with staking? Canada’s crypto innovation explained

April 23, 20250
What are spot Solana ETFs and why are they important? A spot Solana ETF is an exchange-traded fund that holds Solana (SOL) tokens directly, providing investors real-time exposure to the asset’s market price. Rather than using complex trading platforms or crypto wallets, you can access Solana via a regulated financial product traded on a traditional...

Bitcoiners should be cautious over rally as stablecoin indicator lags: Analyst

April 23, 20250
Bitcoin’s 12% rally over the week and a surge in related exchange-traded fund inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals.“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious...

Ethereum bounces back as market dominance recovers from all-time low

April 23, 20250
Ethereum’s price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows.Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto market, which has climbed almost...

SEC says it won’t re-file fraud case against Hex’s Richard Heart

April 23, 20250
The US Securities and Exchange Commission has said it doesn’t intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart.“Plaintiff Securities and Exchange Commission provides this notice that it does not intend to file an amended complaint in this matter,” the regulator’s lawyer, Matthew Gulde, stated in an April...

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report

April 23, 20250
Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor’s company Strategy, the...

Bitcoin price hits 7-week high as Trump softens tone on trade war

April 23, 20250
Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside.Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen over...

Tesla holds onto Bitcoin as Musk says time at DOGE to ‘drop significantly’

April 23, 20250
Tesla has held onto its Bitcoin during the first quarter of 2025 as CEO Elon Musk promised shareholders that he would scale back his time working as the Trump administration’s cost-cutting czar.Musk’s comment appears to have been the main catalyst behind Tesla’s (TSLA) 5.4% price jump in after-hours trading on April 22 to $250.80 after...

Australia’s top court sides with Block Earner, dismisses financial regulator's suit

April 23, 20250
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not a financial product, or a managed investment scheme, and is not a derivative under...
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