Day: April 8, 2025

BlackRock adds Anchorage Digital as custodian for Bitcoin ETF

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​BlackRock, the world’s largest asset manager, has appointed Anchorage Digital Bank N.A. as an additional cryptocurrency custodian for its iShares Bitcoin Trust ETF. Anchorage Digital will serve as an additional cryptocurrency custodian for IBIT, according to a Form 8-K filing dated April 7.  This move introduces a dual-custodian model, with Anchorage Digital joining Coinbase, the existing custodian, to enhance the security and operational resilience of IBIT’s Bitcoin (BTC) holdings.​ Anchorage Digital Bank N.A. is the only U.S. federally chartered digital asset bank, providing services such as digital asset custody, staking,…

Binance to purge 14 tokens following ‘vote to delist’ process

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Binance is planning to delist 14 tokens from its platform on April 16 in a move designed to purge low-quality projects that do not adhere to the crypto exchange’s tighter listing requirements.  The tokens are being delisted following a “comprehensive evaluation of multiple factors,” including the exchange’s first “vote to delist” results, where community members nominated projects with less than stellar metrics, Binance announced on April 8. Other factors included the team’s commitment to the project, development activity, trading volume and liquidity, network stability, responsiveness to Binance’s due diligence requests…

Bitcoin rebounds as traders spot China ‘weaker yuan’ chart, but US trade war caps $80K BTC rally

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Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC’s upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Hayes: Bitcoin can repeat historic China inflows Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling while the S&P 500 and Nasdaq Composite Index gained up to 4.3% in the first few hours of trading. Stocks built on a strong rebound that had accompanied the start…

Bitcoin’s Next Big Move? Open Interest Says ‘Get Ready’

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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. Bitcoin price rebounded to $80,000 after a sharp decline triggered by fears over US President Donald Trump’s tariff policies. The cryptocurrency market saw panic selling in the past 12…

Bitcoin ETFs Lose $109 Million in Monday Slump

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Bitcoin ETFs kicked off the week deep in the red, logging a $109 million outflow and extending the bleed to a third straight trading day. Meanwhile, Ether ETFs recorded no activity, marking a rare day of total trading silence. Bitcoin ETF Outflows Stretch to Day Three as Ether Funds Go Silent The new week began […] Original

Ripple Labs Acquires Prime Broker Hidden Road For $1.25 Billion

Key Notes Payments giant Ripple Labs has bought a brokerage firm, Hidden Road. The digital currency payments firm announced the deal is valued at $1.25 billion, making it one of the largest in the market. The acquisition will integrate several of Ripple’s products, including RLUSD and the XRP Ledger. Ripple Labs, the American tech company, is back in the spotlight following its $1.25 billion acquisition of prime brokerage firm Hidden Road, one of the biggest deals in the crypto ecosystem. According to the update, Ripple Labs said the acquisition is…

Ripple acquisition of Hidden Road a ‘defining moment’ for XRPL — Ripple CTO

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Ripple’s $1.25 billion acquisition of prime broker Hidden Road is a “defining moment” for the blockchain payments company, potentially unlocking more use cases for the XRP Ledger among institutions, said David Schwartz, Ripple’s chief technology officer.  “Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP,” Schwartz said on social media on April 8.  Hidden Road is a prime brokerage and credit network with more than 300 institutional customers. On a typical day, it clears more than $10 billion and processes more than 50 million…

Scaling the EVM requires an L1, not an L2

Opinion by: Jay Jog, co-founder of Sei Labs  When CryptoKitties crashed the Ethereum network in 2017, the industry learned a hard lesson about blockchain scalability. Today, with over $100 billion locked in decentralized finance (DeFi) and millions of non-fungible tokens (NFTs) being traded, that lesson is more relevant than ever. The Ethereum Virtual Machine (EVM) — the engine that powers this activity — is reaching its limits. So far, the crypto community’s answer has been layer 2 solutions — separate chains that process transactions and report back to Ethereum. But…

Crypto execs expect global banking push into Bitcoin by end of 2025

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Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025. Speaking on a panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger said they expect a significant shift in the banking sector’s involvement with crypto in the second half of the year. According to the executives, the global banking push into Bitcoin (BTC) services has great potential to happen in the second half of 2025…

SEC Crypto Roundtable: Former Rivals Coinbase, Cumberland, and Uniswap to Attend

Key Notes SEC’s second crypto roundtable features Coinbase, Uniswap, and Cumberland DRW, focusing on regulatory clarity for the digital asset industry. Trump administration shifts SEC approach, dropping lawsuits against Coinbase and Cumberland DRW, fostering a crypto-friendly environment. SEC announces future roundtables on topics like crypto custody, tokenization, and decentralized finance (DeFi) to clarify regulations. The US Securities and Exchange Commission (SEC) will be conducting its second round of crypto roundtable on April 11, while speaking to representatives from different crypto firms, including Coinbase, Uniswap Labs, and Cumberland DRW. The event,…