Day: April 17, 2025

Coinbase Premium Recovers as Bitcoin, Altcoins Eyes Big Breakout

Key Notes Coinbase Premium shows signs of recovery after Bitcoin’s 30% drop in the past 30 days. Korean traders remain cautious, while U.S.investors build momentum. Strategy and Semler Scientific make fresh Bitcoin-related moves, a sign of sustained corporate adoption. Bitcoin may be finding its footing again after lifting off from a sharp decline earlier in the week. The latest market data shows that recent Coinbase Premium activity offers a positive outlook for market watchers. Likewise, a key signal tied to U.S. buying behavior shows signs of recovery, even as broader…

North Korean hackers target crypto devs with fake recruitment tests

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North Korean hackers linked to the $1.4 billion Bybit exploit are reportedly targeting crypto developers using fake recruitment tests infected with malware.  Cybersecurity outlet The Hacker News reported that crypto developers have received coding assignments from malicious actors posing as recruiters. The coding challenges have reportedly been used to deliver malware to unsuspecting developers. Malicious actors approach crypto developers on LinkedIn and tell them about fraudulent career opportunities. Once they convince the developer, the hackers send a malicious document containing the details of a coding challenge on GitHub. If opened,…

Melania Token Tanks 5% as Insider Dumping Stirs Controversy

Key Notes Insiders have sold over 13 million MELANIA tokens, worth over $8 million, in the past month. Wallets connected to the MELANIA team control 92% of the token’s supply, raising concerns. The MELANIA token price has plummeted by over 97% from its peak, attracting criticism. While most of the meme coin market basked in green on April 17, the Official Melania Meme MELANIA $0.41 24h volatility: 3.7% Market cap: $160.44 M Vol. 24h: $19.56 M token slipped 5% to trade around $0.40. The drop follows another round of token…

Binance Supports Countries in Managing Bitcoin Reserves and Shaping Crypto Policies, Says CEO

Key Notes Richard Teng says Binance is supporting countries in creating crypto reserves. Binance plans to set up an official headquarters. Trump’s interest in Bitcoin encourages other countries to develop more crypto-friendly policies. Binance is reportedly supporting countries in managing their Bitcoin reserves and shaping their crypto policies, according to its CEO, Richard Teng. This comes after the U.S. President Donald Trump reaffirmed his support for cryptocurrencies and pushed forward the development of digital assets in the country. In an interview with the Financial Times, Teng highlighted that Trump’s decision…

Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe […] Source CryptoX Portal

Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge

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 remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin…

Mantra OM token crash exposes ‘critical’ liquidity issues in crypto

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Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash. The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported. While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the crypto industry, according to Gracy Chen, CEO of the cryptocurrency exchange Bitget. “The OM…

Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

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The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking. “Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and…

Bitcoin’s hashrate hits record high amid miner sell-offs

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Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second on a daily basis, according to data from BitInfoCharts. Bitcoin miner revenue (monthly) | Source: Newhedge But while hashrate climbs, miner revenue remains under pressure. Bitcoin miners’ revenue in March dropped nearly 50% from March…

Jio partnership to drive real-world Web3 adoption for 450M users

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As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization. Polygon is working with Jio, a telecom giant owned by India’s richest man, Mukesh Ambani, to find ways to infuse blockchain technology into its existing services. The duo is currently adding blockchain-based capabilities to the JioSphere web browser, which would have been expensive, cumbersome and time-consuming via traditional methods. “We’re building at an insane pace,…