Day: April 2, 2025

VanEck Files for BNB ETF: Major Coin Entering ETF Race?

Key Notes VanEck has filed for the first-ever US spot BNB ETF. BNB is currently trading around $599, down by 1.5% in the past day. Analysts see the ETF filing and upcoming hard forks as catalysts for the BNB rally. Investment giant VanEck has officially filed for a spot Binance Coin BNB $604.5 24h volatility: 1.5% Market cap: $88.13 B Vol. 24h: $1.55 B exchange-traded fund (ETF) in Delaware. The filing, submitted on April 1, lays the groundwork for what could be a major development for BNB. BNB ETF filing…

Sony Adopts USDC Payments in Singapore

Key Notes Circle has submitted its IPO filing to the SEC, planning to list on the New York Stock Exchange (NYSE) under the symbol CRCL. The company reported $1.67 billion in revenue for 2024, with USDC market cap doubling to over $60 billion, over the past year. Over 99% of Circle’s revenue came from stablecoin reserves and yield-bearing Treasury bills. . Tech giant Sony Electronics announced that it would accept USDC stablecoin payments in Singapore, with transactions facilitated through Crypto.com’s payment services. The announcement comes at a time when USDC issuer…

Infamous mixing protocol eXch drops USDT, USDC as US authorities eye its role in Bybit theft

Shady crypto mixing protocol eXch is merging with an offshore entity and restructuring to evade scrutiny over laundering tens of millions stolen from Bybit. Centralized crypto mixing protocol eXch revealed in an update on Bitcoin Talk that it plans to relocate its operations and leave its current structure in Belize as regulatory scrutiny looms over its refusal to stop North Korea-affiliated hackers from laundering millions stolen from the Bybit crypto exchange. The service announced that it would have “new shareholders and new members on the management board,” adding that this…

GameStop completes $1.5B sale, eyeing Bitcoin acquisition

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GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury.  The sale, completed on Apr. 1, 2025, raised $1.48 billion after fees, according to the company’s filing with the Securities and Exchange Commission. GameStop was initially aiming to raise $1.3 billion amid plans to add Bitcoin to its list of treasury assets. The sale surpassed expectations, with an extra $200 million in notes sold. The company stated the funds will be used for…

Bitcoin sales at $109K all-time high ‘significantly below’ cycle tops — Research

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Bitcoin (BTC) investors who bought BTC in 2020 or later are still waiting for higher prices, new research says. In findings published on X on April 1, onchain analytics firm Glassnode revealed that $110,000 was not high enough to make many hodlers sell. Glassnode: 2020 Bitcoin buyers “still holding” Bitcoiners who entered the market between three and five years ago have retained their holdings despite significant BTC price upside. According to Glassnode, this investor cohort, with a cost basis between the 2020 lows of $3,600 and the 2021 highs of…

Bitcoin Price Struggling but Short-Term Holders Might Be Setting the Stage for $150K

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Ethereum and Bitcoin Recover While Lightchain AI Presale Nears End

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This content is provided by a sponsor. PRESS RELEASE. The crypto market is buzzing with activity again. Ethereum and Bitcoin are rebounding from their recent dips, igniting excitement among crypto investors and blockchain enthusiasts. While these two powerhouse cryptocurrencies dominate the headlines, another opportunity looms for forward-thinking investors — the final stage of the Lightchain […] Original

Social platform 9GAG acquires Hong Kong-listed firm to buy Bitcoin, double down on AI

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9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and web3. A regulatory filing with the Hong Kong Exchanges and Clearing Limited reveals that the purchase of Howkingtech involves a maximum cash consideration of HK$79,649,599 (about $10.2 million), assuming all share options are exercised before…

Goldman Sees Yen Rising to Low 140s as BTC Echoes Tech Stock Weakness

The Bitcoin-Japanese yen (BTC/JPY) pair faced a setback at key trendline resistance Wednesday, as Goldman Sachs (GS) cited the anti-risk yen as the leading hedge against rising U.S. tariff and recession risks. The BTC/JPY trading on the Japan-based bitFlyer fell 1% after failing to take out the trendline drawn off the record high reached on Jan. 20, data from charting platform TradingView show. BTC’s USD-denominated price faced similar losses. Meanwhile, Asian equity indices and the U.S. equity futures treaded water ahead of President Donald Trump’s sweeping new “Liberation Day” reciprocal tariffs on…

Dogecoin Breaking These Levels Could Be The Catalyst For Next Bull Run, Analyst Says

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An analyst has pointed out two major Dogecoin resistance levels that could potentially pave the path to the next bull run for the memecoin’s price. These Dogecoin Levels Stand Out In Terms Of On-Chain Resistance In a new post on X, analyst Ali Martinez has discussed about the resistance walls present ahead for DOGE based on the UTXO Realized Price Distribution (URPD). The URPD is an on-chain metric created by the analytics firm Glassnode that tells us, in short, about the amount of supply that was bought at various levels…