Day: April 4, 2025

Bitcoin Selling Pressure on the Rise: What to Expect?

Key Notes Following the Babylon protocol’s airdrop, 256 BTC was unstaked within 24 hours. Long-term Bitcoin holders moved over $90 million worth BTC, signaling possible profit-taking. $2.18 billion in Bitcoin options contracts are set to expire on April 4. The Bitcoin staking ecosystem saw a major shift following the recent airdrop by the Babylon protocol. Within 24 hours of Babylon distributing 600 million BABY tokens, 256 BTC, worth over $21 million, was unstaked from the platform. in the past 24 hours, 256 BTC has been unstaked from Babylon these unstaking…

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

boss

The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive. While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph. On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal”…

Malta regulator fines OKX crypto exchange $1.2M for past AML breaches

boss

Cryptocurrency exchange OKX is under renewed regulatory scrutiny in Europe after Maltese authorities issued a major fine for violations of Anti-Money Laundering (AML) laws. Malta’s Financial Intelligence Analysis Unit (FIAU) fined Okcoin Europe — OKX’s Europe-based subsidiary — 1.1 million euros ($1.2 million) after detecting multiple AML failures on the platform in the past, the authority announced on April 3. While admitting that OKX has significantly improved its AML policies in the past 18 months, the authority “could not ignore” its past compliance failures from 2023, “some of which were…

Solana Slammed By Whale Dump—More Pain Ahead?

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana’s price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency…

Circle President: ‘The World Yearns for US Crypto Regulation’

In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking to the U.S. regarding crypto and stablecoin regulation to follow suit. For stablecoins, this is a pretty straightforward matter, he assessed. Circle Believes the World Is Looking Toward the U.S. for Regulation While the regulatory frameworks of […] Source CryptoX Portal

Nasdaq Composite on track for biggest single day percentage drop, will Bitcoin survive the crash?

boss

Bitcoin slipped under $82,000 support, and the Nasdaq Composite is on track for the biggest one-day percentage drop since March 2020. Stock and crypto traders are reeling from the aftermath of the U.S. President Donald Trump’s Liberation Day. All trade partners of the United States are facing the heat of reciprocal tariffs.  Will Bitcoin (BTC) recover from the shock? What’s in store for crypto traders and the sector? Trump tariffs take a toll on Bitcoin and crypto U.S. crypto stocks suffered a steep correction on Thursday, in response to President…

Filecoin Price Skyrockets amid Upbit Listing Announcement: What’s Next for FIL?

Key Notes FIL surged 7.11% after being listed on South Korean exchange Upbit. The token stabilized at $2.88, reflecting a 5.3% increase over the past day. The project recently saw a 305% rise in development activity. Filecoin FIL $2.76 24h volatility: 4.9% Market cap: $1.78 B Vol. 24h: $501.73 M saw an immediate 7.11% spike after Upbit, South Korea’s largest cryptocurrency exchange, listed the token on its platform. At the time of writing, FIL has stabilized around $2.88. The listing, which occurred on April 4 at 16:30 KST, introduced FIL…

US court fines UAE crypto firm CLS Global $428K for wash trading

boss

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global. A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of crypto trading volume, according to an announcement from the Massachusetts US Attorney’s Office. In addition to a $428,059 fine, the court prohibited CLS Global from offering services in the US for a probation period of three years. CLS Global, a crypto market maker registered in the United…

Bitcoin DeFi surge may boost BTC demand and adoption — Binance

boss

The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance. BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8.6 billion. The growing value of BTCFi, “along with potential interest rate cuts, may reinforce positive sentiment for Bitcoin…

US Recession Odds Top 50% On Kalshi

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Following President Donald Trump’s “Liberation Day” tariff announcement on April 2, recession probabilities have spiked across leading economic trackers, putting Bitcoin on high alert. Kalshi’s prediction markets now stand…