Day: April 8, 2025

Gaming NFT maker Aavegotchi votes to ditch Polygon for Base

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Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote.  On April 8, Aavegotchi’s community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol’s smart contracts on Polygon and re-deploying on Base, according to Aavegochti’s governance page.  “Given our close relationship with the Base team, as well as recent developments in the Base ecosystem […] we believe…

BlackRock taps Anchorage Digital for digital asset custody

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Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors. According to an April 8 announcement, BlackRock is the world’s largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers of crypto exchange-traded products (ETPs), with holdings totaling $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), according to data from Arkham. BlackRock’s crypto holdings. Source: Arkham Intelligence Anchorage is the only federally…

Hong Kong Regulator Greenlights Staking Services for Licensed Crypto Exchange Platforms

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Hong Kong’s Securities and Futures Commission (SFC) has greenlit staking services for licensed digital asset exchanges. On Monday, the regulator issued regulatory guidance for the new services, noting that staking comes with potential benefits, such as enhancing the security of blockchain protocols while enabling users to earn yields for their participation. The SFC says that regulated entities should take precautions to manage investor risks. “They should maintain measures to effectively prevent errors associated with the services, safeguard staked client virtual assets, and ensure proper disclosure of risks to which such…

Bitcoin price targets $65k–$68k as market seeks fair value, AMT shows

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Exploring Bitcoin’s recent price developments through the lens of Auction Market Theory, a market philosophy that helps explain how price moves between periods of balance and imbalance With Bitcoin (BTC) having recently broken away from a key consolidation zone, understanding this shift through AMT offers valuable insight into both immediate and long-term expectations. As price action now trends lower, the search for fair value intensifies, and traders must be aware of the implications for strategy, sentiment, and structure. Key points: Bitcoin recently exited a 133-day balance phase, initiating a bearish…

Bitcoin, Ethereum drop as Trump confirms 104% tariffs on China

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Bitcoin, Ethereum, and most altcoins are down amid an unprecedented US tariff hike on China. Crypto markets are still reeling from the latest US tariff hike. On Tuesday, April 8, the White House confirmed that the tariff on all goods from China will increase to 104%, effective on April 9, 12:01 AM, Eastern Time. Shortly after this announcement, Bitcoin (BTC) dropped to a daily low of $76.508, while Ethereum (ETH) bottomed at $1.454. The drop was likely due to fears of the negative effects these unprecedented tariffs would have on…

This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets

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. Crypto analyst Joao, who correctly predicted the XRP price crash, has revealed the altcoin’s next targets. Based on his latest prediction, more pain could lie ahead for XRP, which…

Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?

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Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will start on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation. Source: X / Kobeissi Letter After dropping below the $75,000 level for the first time since Nov. 6, 2024, BTC retested a key demand zone that traders hope will provide a safe haven for the bulls. The safe haven is a fair value…

XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30

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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. XRP is trading at critical levels after dropping below the $2 mark on Sunday, following a wave of panic selling across the crypto market. The move came as global…

DeFi Game Aavegotchi to Leave Polygon, Migrate Entire Ecosystem to Coinbase’s Base

The DAO running Aavegotchi, a niche non-fungible token (NFT) game, voted overwhelmingly to migrate the entire ecosystem to Base from Polygon, a move reflecting shifting developer and user sentiment in the broader Ethereum layer-2 landscape. With 93.25% of the vote in favor, the proposal — titled “Make Aavegotchi Based Again” — lays out plans for a full deployment on Base, the Coinbase layer-2 blockchain that has gained traction among decentralized applications. All Aavegotchi NFTs, wearables, game assets and smart contracts will be cloned and relaunched on Base, according to the…