Day

April 30, 2025
Key points:Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result.Major risk-asset volatility is expected as US macro data precedes the monthly candle close.April BTC price performance is on track to be the best since 2020.Bitcoin (BTC) spent another day around $95,000 on April 30 as volatility waited in the...
Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research.Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value.Bitcoin (BTC) weekly...
Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the continent using USDC.According to a press release shared with Cointelegraph, Circle aims to pilot USDC (USDC) settlements within Onafriq’s vast network, which connects over 500 wallets and 200 million bank accounts in more than...
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption.Banks around the world will have to adopt cryptocurrency or go extinct in a decade, Trump predicted in an interview with CNBC’s Dan Murphy in Dubai on April 30.“The modern...
Key takeawaysSet up your Pi Wallet and secure it with a 24-word seed phrase before transferring your coins.KYC is often required on both CEXs and P2P platforms to transfer and sell Pi Coins.You can sell Pi through CEXs or P2P platforms, each offering different security, speed and control.Always do your own research (DYOR) before selling...
Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in 2025. However, its high volatility and centralization concerns mean it remains a speculative asset rather than a guaranteed safeguard against inflation.What is inflation? Inflation refers to the general increase in the...
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action.The company said it received a subpoena from the SEC’s Division of Enforcement over its...
Key takeawaysApproving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric BalchunasETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after launching.For inflows...
The Open Network (TON) ecosystem participant Broxus has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like decentralized exchanges (DEXs) and blockchain-based games.In an April 30 post on Telegram, the project said TON Factory aims to help developers rapidly build and scale projects with modular components, integration...
Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to maintain a mirror record of share ownership for investors.The DLT shares will track BlackRock’s BLF Treasury Trust Fund (TTTXX), which may only be purchased from BlackRock Advisors and The Bank...
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