Day: April 11, 2025

FTX Unstaked 186K SOL: Is Another Selloff Coming?

Key Notes FTX’s wallet unstaked over 186,000 SOL. This could trigger short-term selling pressure. Solana became the sixth-largest crypto, swapping USDC, despite the market-wide selloff. A wallet address tagged as FTX/Alameda Staking unstaked 186,326 Solana SOL $117.0 24h volatility: 2.1% Market cap: $60.26 B Vol. 24h: $4.59 B tokens, worth $21.5 million, early Friday, April 11. While the assets haven’t moved from FTX’s address, the unstaking process has, historically, led to a selloff as the bankrupt exchange aims to repay its creditors. The address also unstaked over 185,000 SOL last…

Bitcoin price at risk as cooling CPI data fails to offset Trump tariff concerns

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Bitcoin could keep sliding as cooler-than-expected U.S. inflation data has sparked fears that President Trump might go harder on tariffs, a move that could actually bring inflation back up in the long run. On Friday, Bitcoin (BTC) dropped below $80,000 and was still down about 1.6% over the last 24 hours at press time. This came even as the U.S. Consumer Price Index (CPI) for March showed inflation falling to 2.4%, down from 2.8% in February and slightly better than the 2.5% forecasted by analysts. The CPI, released monthly by…

Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms

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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. According to a recent X post by crypto analyst Ali Martinez, Ethereum (ETH) is inching closer to a critical demand zone that has historically marked market bottoms. Notably, ETH…

Trump seeks to fire Fed Chair Jerome Powell via the Supreme Court. Good news for the crypto market?

The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump’s tariffs policy. Since Powell ignored Trump’s urges to cut interest rates, Trump decided to fire him via the Supreme Court. Let’s dive deeper into the nature of this conflict and figure out if Powell’s resignation would be good for crypto. What led to the conflict? First off, the Powell-Trump conflict is not new. The consistent leaning of Powell’s Fed towards keeping interest…

Florida joins Bitcoin reserve race with first committee approval of HB 487

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Florida has taken its first legislative step toward embracing Bitcoin as a state-held asset, joining the race led by Arizona and closely followed by New Hampshire. Florida is the latest U.S. state to make strides toward adopting Bitcoin (BTC) as a strategic reserve asset, as its House Bill 487 (HB 487) passed through the House Insurance and Banking Subcommittee with unanimous support on April 10 hearing. The bill, titled “Investments of Public Funds in Bitcoin,” proposes allowing Florida’s Chief Financial Officer and State Board of Administration to invest up to…

VeChain and 4ocean Collaborate to Tackle Ocean Plastic Crisis with Blockchain

Luisa Crawford Apr 11, 2025 09:34 VeChain partners with 4ocean to leverage blockchain technology in combating ocean plastic pollution, aiming to remove 300,000 pounds of debris in 2025. VeChain, a leader in blockchain-powered enterprise solutions, has announced a strategic partnership with 4ocean, a global ocean cleanup company, to address the escalating issue of plastic pollution in the oceans. This collaboration aims to leverage blockchain technology to enhance transparency and incentivize cleanup efforts, according to VeChain Official. Initiatives to Combat Plastic Pollution The…

New Hampshire House passes Bitcoin reserve bill in close vote

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New Hampshire’s Bitcoin reserve bill has passed the state’s House, making it the fourth state to advance such legislation through one chamber. On April 10, the New Hampshire House voted 192-179 in favour of House Bill 302 after it cleared the House Commerce and Consumer Affairs Committee with a 16-1 vote in early March. The bill now heads to the Senate, where it will face further debate before potentially landing on Governor Kelly Ayotte’s desk for final approval. If signed into law, HB302 would authorize the state treasurer to allocate…

Kaiko Report Highlights Key Drivers of Q1 Crypto Market Decline and Outlook for Q2

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Pakistan Explores Allocating its Surplus Electricity to Bitcoin Mining

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Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) […] Original