Day

April 25, 2025

If Trump fired Powell, what would happen to crypto?

April 25, 20250
Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump has turned to Jerome Powell, chair of the Federal Reserve, and now demands he lower the Fed Funds Rate — the...

Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound

April 25, 20250
Key points:Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March.BTC price action is making traders increasingly wary due to the pace of recent gains.$100,000 is likely to remain out of reach for the short term, multiple commentators say.Bitcoin (BTC) headed into key resistance...

What is a flash crash in Bitcoin, and why does it matter?

April 25, 2025, 0
What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the reason behind a flash crash...

Ethical finance must guide crypto’s evolution

April 25, 20250
Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own FoundationCrypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled.We must return crypto to its decentralized roots,...

Atkins SEC era sparks massive industry optimism, crypto execs speak out

April 25, 20250
The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy.In the...

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

April 25, 20250
Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous...

Swiss National Bank chief dismisses Bitcoin reserve calls

April 25, 20250
An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil.According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting in...

Trump memecoin team denies $300K dinner requirement rumors

April 25, 20250
US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the president. On April 25, the official X account of the Trump memecoin clarified that there is no $300,000 requirement to join the memecoin project’s dinner event...

US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor

April 25, 20250
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable uplift...

Russian crypto exchanger Mosca raided amid cash-to-crypto ban talks

April 25, 20250
As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have experienced police raids.Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one of its customers, Mosca’s development head Dmitry Titarenko confirmed to Cointelegraph.“Law enforcement agencies...
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