Day: April 7, 2025

Binance Exchange Lands WorldPay Partnership, Here’s the Big Catch For Users

Key Notes Binance has partnered with Worldpay to enable Apple Pay and Google Pay for crypto purchases directly on its platform. The integration aims to make crypto access easier, especially for unbanked and mobile-first users worldwide. Over 1,000 payment methods and over 125 fiat currencies are now supported as Binance expands its global reach. Leading cryptocurrency exchange Binance has announced a strategic partnership with Worldpay, a global payment technology provider. The collaboration between the two firms will allow users to purchase crypto using Apple Pay and Google Pay directly through…

Mantra unveils $108M fund to back real-world asset tokenization, DeFi

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The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), amid rising demand for stable, asset-backed digital products. Mantra, a layer-1 (L1) blockchain built for tokenized RWAs, launched the Mantra Ecosystem Fund (MEF) to accelerate the growth and adoption of projects and startups building on its network, according to an April 7 announcement shared with Cointelegraph. Mantra said it will deploy the capital over the next four years among “high-potential blockchain projects” worldwide,…

Crypto Investment Products Bled $240M Last Week: CoinShares

Key Notes Bitcoin investment products saw outflows worth $207 million last week. Ethereum saw outflows worth $37.7 million while ETH lost $1,500. Toncoin defied the trend, confirming $1.1 million in inflows. . The digital asset market is feeling the squeeze as geopolitical tensions spill into investor sentiment and bears dominate the price action of cryptocurrencies. According to the latest report from CoinShares, crypto investment products witnessed outflows totaling $240 million last week, a reflection of mounting anxiety triggered by the US trade tariffs announced by President Donald Trump. In the past…

XRP Price News: XRP Eyes Major Selloff as Black Monday Concerns Grow

Key Notes XRP price has dropped below the key support level at $1.7. A major tariff scare impacts The digital currency alongside the broader market. The ecosystem remains hyped as the Coinbase XRP futures launch may rebuild sentiment. XRP XRP$1.7724h volatility:15.6%Market cap:$103.18 BVol. 24h:$10.81 Bprice is in the spotlight as the crypto ecosystem faces an extended selloff due to President Donald Trump’s tariff policies. XRP price has fallen below a key support level at $2 as bulls capitulate. With market uncertainty growing, many traders fear what could become another historic…

Ethereum Capitulation May Be Nearing End – Will A Fed Pivot Spark A Recovery?

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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. Ethereum has extended its downtrend, setting fresh lows around $1,400 — a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many…

Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT

Tether, issuer of the world’s largest stablecoin USDT, may offer a new token specifically for the U.S., according to a Financial Times report on Monday. Paolo Ardoino said the company had been involved in discussions about the U.S. rules on stablecoins and that it may create a token just for the U.S, depending on how these discussions unfold, the FT reported, citing an interview with the Tether CEO. Ardoino said that if new rules are brought in”make [U.S.] stablecoins competitive, there could be an interest from Tether to create a…

Solana Below $100: Drops to 7th Position amid Market Crash

Key Notes SOL fell below $100, marking its first drop below this level since February 2024. SOL is currently trading at $101, down by 40% over the past year. Despite facing unrealized losses, a whale recently staked $7.6 million worth of SOL. Solana SOL $106.5 24h volatility: 7.2% Market cap: $55.01 B Vol. 24h: $10.92 B plunged more than 16% on Monday, falling below the psychologically critical $100 mark for the first time since February last year. The sharp decline comes amid a major sell-off in risk assets following trade…

Hong Kong introduces crypto staking rules, reaffirms Web3 commitment

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Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services. In an April 7 announcement, the SFC announced new guidelines for crypto exchanges offering staking services and locally authorized funds exposed to digital assets involved in staking. The announcement follows recent remarks from Christina Choi, the SFC’s executive director of investment products, who said during a speech at the Hong Kong Web3 Festival: “The SFC is committed to supporting Hong Kong’s Web3 journey.” In its announcement, the regulator said it “recognizes the potential…

Whale makes $14M Ether emergency deposit to avoid $340M liquidation

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An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure. The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position’s liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.…