The 2-year and 10-year US Treasury yields dipped on Monday, April 14, after Bitcoin (BTC) closed its best weekly performance since the second week of January. Bitcoin gained 6.79% over the past week, but are enough factors aligned to support continued price upside? The 10-year treasury yield declined by 8.2 basis points to 4.40% during the New York trading session, while the 2-year treasury saw an 8 basis point slip to 3.88%. The drop in yields occurred on the back of possible tariff exemptions on smartphones, computers, and semiconductors, which were…
Day: April 14, 2025
Bitcoin Climbs to $85K as Trump Eases Tariff Anxiety
The digital asset rallied to $85K on Monday morning after the Trump administration issued a notice on Friday that exempted tariffs on imported electronics. Tariff Relief Sparks Bitcoin Jump to $85K U.S. Customs and Border Protection quietly published a notice late Friday night exempting imported electronics from President Donald Trump’s aggressive tariffs, sparking a Monday […] Original
MEXC Celebrates 7 Years of Innovation as Title Sponsor at Dubai’s Premier Crypto Event TOKEN2049
VICTORIA, Seychelles, April 14, 2025 /PRNewswire/ — MEXC, a global leader in cryptocurrency exchange services, will proudly participate as one of the seven exclusive Title Sponsors at TOKEN2049 Dubai, taking place from April 29 to May 1, 2025, at the prestigious Madinat Jumeirah. This premier industry event coincides with MEXC’s milestone 7th Anniversary, providing an ideal platform to showcase the exchange’s continued commitment to innovation and user-centric solutions. Leading the Way in Crypto Accessibility As TOKEN2049 Dubai prepares to welcome 15,000 attendees from over 4,000 companies worldwide, MEXC will demonstrate why…
Babylon chain may be the most undervalued Bitcoin DeFi bet: Nansen
Bitcoin’s DeFi ecosystem may finally be ready to take on the big players, as a new project leverages Bitcoin’s inherent security. Bitcoin’s DeFi ecosystem has gained a new player, Babylon, that could shape its future. In a recent report, Nansen called the project potentially one of the most undervalued plays on Bitcoin’s DeFi ecosystem. Critically, Babylon enables users to earn staking rewards in Bitcoin terms without relying on wrapped assets or cross-chain bridges. In doing so, the protocol leverages Bitcoin’s inherent security and decentralization, offering a safer and more native…
Chainlink Just Retested Key Support – Here’s Where Price Could Be Headed Next
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Bitcoin volatility aligns with stocks, Dogecoin gets ETP boost, says 21Shares exec
Despite recent market turbulence, 21Shares President Duncan Moir says crypto assets, including Bitcoin and Dogecoin, continue to offer valuable long-term diversification and are gaining momentum as legitimate components of investor portfolios. Speaking on CNBC Monday morning, Moir addressed both the macro backdrop affecting Bitcoin (BTC) and the firm’s launch of a Dogecoin (DOGE) exchange-traded product in Europe. Moir stated the volatility striking crypto has been more subdued than some may think, given the scale of macroeconomic shocks affecting other markets. Rather, volatility in the crypto is “just moving in line…
Tether to deploy hashrate on Bitcoin mining pool OCEAN
Tether plans to deploy hashrate on OCEAN, a move that will see the crypto ecosystem giant contribute to the decentralization of Bitcoin mining. In an announcement on April 14, the Tether (USDT) issuer said that it planned to mine Bitcoin (BTC) through OCEAN’s mining pool, deploying both existing and future hashrate. Tether will roll out the software across its operations globally. It includes underserved locations such as Africa, the company wrote in a blog post. The move to mine via the platform, which was launched by Bitcoin Core developer Luke…
Mantra CEO says OM token recovery ‘primary concern’ but in early stages
Mantra CEO John Mullin addressed key concerns from the community following the sharp decline in the OM token during an Ask Me Anything (AMA) session hosted by Cointelegraph on April 14. Mullin reassured users that Mantra and its partners are actively working to support the recovery of the Mantra (OM) token, though he noted that details around token buybacks and potential burns are still being developed. “We’re still in the early stages of putting together this plan for potential buyback of tokens,” the CEO said, adding that the OM token…
Bitcoin (BTC) Mining Profitability Fell 7.4% in March
Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in transaction fees, the report said. U.S.-listed miners mined 3,534 bitcoin in March versus 3,002 in February, Jefferies said, and these companies accounted for 24.8% of the total network last month, compared to 23.6% the month previous. MARA Holdings (MARA) produced the most bitcoin in March, with 829 tokens, the report said, followed by CleanSpark (CLSK)…
Bots are killing social media, but decentralization can save it
Opinion by: Leroy Hofer, co-founder and CEO at Teneo Protocol As the old wisdom goes, nobody knows you’re a dog on the internet. Often enough, nobody knows if you’re a bot either, to the point where the dead internet theory sometimes feels disturbingly tangible. Bot traffic share hit its highest level in 2024, up 2% on the year before, according to the 2024 Imperva Bad Bot Report. The bot pandemic is ravaging the Web. People are taking notice — people like Chanpeng Zhao, for example, who recently urged Elon Musk…