Day: April 8, 2025

Kain Warwick, X Hall of Flame

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Infinex founder Kain Warwick has a few ideas on how hype could return to the fading asset that is Ethereum — but says there’s no “one easy narrative” to breathe life back into it. Warwick’s red light therapy. (Infinex) “There’s no fucking certainty in ETH land right now,” Warwick tells Hall of Flame, but that doesn’t mean a comeback is off the table. “If there’s demand for ETH the asset, demand for block space on the L1, that will drive things,” he says. Warwick, who admits he sold off 90%…

Ripple Announces $1.25B Acquisition Of Hidden Road To Set Major Milestone

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. Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has…

Dubai gov’t agencies to link real estate registry with property tokenization

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Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector. On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system.  The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management efficiency. It also aims to support Dubai’s broader economic strategy, which includes…

Top 3 cryptos to gain from Trump tariffs and Bitcoin price crash

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The United States’ first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump’s campaign with hopes of pro-crypto regulations and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing the world order with his Liberation Day tariff announcements.  Bitcoin (BTC) and altcoins have crashed alongside currencies and equities in the global markets, losing the edge as “digital gold.” While traders may have treated Bitcoin and crypto as a hedge against declines in…

HBAR Gains 8.6% as Nearly All Assets Trade Higher

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 2309.92, up 2.5% (+55.35) since 4 p.m. ET on Monday. Nineteen of the 20 assets are trading higher. Leaders: HBAR (+8.6%) and APT (+5.6%). Laggards: FIL (+0.0%) and AAVE (+1.4%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal

Trump administration reportedly shutters DOJ’s crypto enforcement team

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The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen the document in an April 8 report. The official is quoted saying in the note: “The Department of Justice is not a digital assets regulator. However, the prior Administration used the Justice Department to pursue a reckless strategy of regulation by prosecution.” Blanche is the second-highest-ranking official in the…

Bitcoin may surge as Chinese investors hedge against yuan drop

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Trump’s trade war has wreaked havoc on crypto markets, Bitcoin included. However, Arthur Hayes believes they will bring a new catalyst that investors are overlooking. Since peaking in January, Bitcoin (BTC) has lost more than half a trillion dollars in market cap, largely due to fears surrounding Donald Trump’s trade war. However, on Tuesday, April 8, BitMEX co-founder Arthur Hayes argued that these tariffs could have a hidden, positive effect on BTC. If not the Fed then the PBOC will give us the yachtzee ingredients. CNY deval = narrative that…

Bitcoin and altcoins at risk after Goldman Sachs, Blackrock, Citi warning

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Bitcoin and other altcoins could be at risk as the biggest players on Wall Street warn about the state of the market. Bitcoin (BTC) price held steady on February 8 and reached an intraday high of $79,300 as investors bought the dip. Other altcoins were also up for the day, with Ethereum (ETH), Ripple (XRP), and Binance Coin (BNB) rising by over 3%. The other top-performing coins were JasmyCoin (JASMY), Core (CORE), and Zcash (ZEC), which rose by over 18%. The stock market was also upbeat, with futures tied to…

XRP Down, But History Says Millionaires Were Made This Way

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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. Major cryptocurrencies plunged to multi-month lows today as investors sold off digital assets amid broader market concerns. XRP fell to $1.65, Bitcoin dropped to $74,100, and Ethereum crashed to…

Cathie Wood’s Ark Invest Buys Coinbase Shares as Market Offers Discount

Key Notes Ark Invest recently bought 84,514 COIN shares from the open market. The firm is a big advocate of Coinbase, which is now one of the largest components of ARKW. Bitcoin and risk-on assets are recovering from the recent global market selloff. Cathie Wood’s asset management firm Ark Invest disclosed that it purchased a fresh batch of Coinbase shares on April 7. Several crypto analysts have described the move as strategic, given that the acquisition occurred during a global market downturn that unsettled investors worldwide. Ark Invest Buys $13.3…