This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Once at the center of major enforcement actions, Binance now appears to be advising countries on creating strategic crypto reserves. Despite facing criminal charges in 2023, Binance now seems to be advising governments and sovereign wealth funds on how to create national strategic Bitcoin (BTC) reserves and set digital asset regulations, Binance CEO Richard Teng told the Financial Times. In a Thursday interview, Teng said that the exchange has received “quite a number of approaches by a few governments and sovereign wealth funds” on the establishment of “their own crypto…
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’s upward momentum appears to be slowing down following a recovery phase earlier this week. After climbing close to $86,000, BTC has retraced slightly, hovering just above the $84,000…
Key Notes Base’s “Base is for everyone” tweet sparked an unofficial token frenzy with extreme volatility. Three early wallets profited $666,000, raising insider trading concerns and criticism of Base. Base and creator Jesse Pollak defended the chaotic event as an experiment in tokenizing online content. Coinbase’s Layer 2 network Base unintentionally kicked off one of the most chaotic experiments in recent Web3 memory. It started with a simple post “Base is for everyone”. Base is for everyone. pic.twitter.com/gq3lLLuXO1 — Base (@base) April 16, 2025 What followed was an experimental token…
VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck’s head of digital assets, Matthew Sigel, announced in an Apr. 16 post on X that the U.S. Securities and Exchange Commission has approved its upcoming ETF, NODE. The firm plans to launch the ETF on May 14, offering equity exposure to companies shaping the digital asset and blockchain economy. 🚨Now Effective: VanEck Onchain Economy ETF ($NODE) Actively managed, $NODE will aim to hold 30–60 names from…
A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether. Deputy director of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, said the Kremlin should be exploring the possibility of developing a stablecoin like Tether’s (USDT) to avoid similar actions in the future, according to April 16 reports by Reuters and the state-owned news agency TASS. “We do not impose restrictions on the use…
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post. The last time Bitcoin (BTC) traded above $90,000 was March 6. Traders regaining confidence in Bitcoin Santiment’s social media tracker, which measures how social media users feel about crypto based on the tone of…
A US federal judge has agreed to pause a lawsuit filed by 18 state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission after all parties said new SEC leadership could make the action moot. Kentucky District Court Judge Gregory Van Tatenhove ordered a 60-day stay on the case on April 16, noting a mid-March filing from the SEC that “this case could potentially be resolved” due to a leadership transition at the regulator. He added that the parties must file a joint…
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…
Transaction costs on the Ethereum network have dropped to the lowest level in five years as the amount of activity on the blockchain is in a lull, according to the onchain analytics platform Santiment. Ethereum network fees are now around $0.168 per transaction and the reduction in fees coincides with fewer people sending Ether (ETH) and interacting with smart contracts, Santiment marketing director Brian Quinlivan said in an April 17 blog post. “When many people are using Ethereum, users bid higher fees to get their transactions confirmed faster This drives…