Day: April 21, 2025

Weekly inflows return to Bitcoin ETFs as Trump threatens to fire Fed chair Powell

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Spot Bitcoin ETFs in the United States saw modest weekly inflows as Bitcoin rallied past $85k, driven by expectations of a softer Fed stance on rate cuts amid President Trump’s push to replace the Federal Reserve chair. Data from SoSoValue shows that 12 spot Bitcoin ETFs brought in $15.85 million in net inflows for the week, breaking a two-week outflow streak that saw $886 million leave the funds. From April 14 to 17, Bitcoin ETFs had a mixed but mostly positive run: $1.47 million came in on Monday, a solid…

Bitcoin miner HIVE Digital’s shares jump 2% as it completes 100 MW site in Paraguay

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Canadian Bitcoin mining company HIVE Digital has completed its flagship facility in Paraguay, aiming to reach 25 EH/s by fall 2025. Shares of HIVE Digital soared 2% on pre-market trading on April 21 as the Canadian Bitcoin (BTC) mining company announced the completion of Phase 1 infrastructure at its 100-megawatt facility in Paraguay. In a Sunday press release, HIVE Digital said its Yguazù site is now fully energized and equipped, with the capacity to host 5 exahash per second for ASIC miners. HIVE is already running 200 PH/s of hashrate…

Metaplanet Announces Additional 330 Bitcoin Purchase as Part of Treasury Operations

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen. With this […] Source CryptoX Portal

Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level

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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. The Bitcoin price continues to trend low and has failed to reclaim $90,000. The bears have dominated during the last few months, dragging Bitcoin down from above $100,000 to…

Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg

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Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface.  However, once the UI goes live, Warwick said, if there isn’t enough momentum, then they may have to “ratchet up the pressure” on the stakers in…

Two-thirds of Lazarus-hacked funds remain traceable

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Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable.  In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6% “remains traceable,” 27.6% has “gone dark,” and 3.8% has been frozen. The untraceable funds primarily flowed into mixers, then through bridges to peer-to-peer and over-the-counter platforms, he added.  In February, hackers associated with the Lazarus…

Metaplanet adds 319 BTC, now holds Bitcoin 4,855 Bitcoin

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Japanese investment firm Metaplanet has purchased 330 more Bitcoin, bringing its total holdings to 4,855 BTC. According to the company’s Apr. 21 disclosure, the latest acquisition was made at an average price of ¥12.18 million per Bitcoin (BTC), about $85,605, totaling ¥4.02 billion (~$26 million). Its total Bitcoin stash is now worth ¥62.17 billion ($414 million), with an average purchase price of ¥12.8 million ($85,386) per coin.  To track its performance, Metaplanet uses a metric called BTC Yield. This measures how much Bitcoin it holds per fully diluted share. So far…

Users being polite to ChatGPT is costing OpenAI millions — Sam Altman

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OpenAI CEO Sam Altman says users sending “please” and “thank you” messages to ChatGPT is costing the company tens of millions of dollars. “Tens of millions of dollars well spent — you never know,” Altman said on April 16 after being asked to estimate the cost on X. Source: Sam Altman Altman’s response sparked discussion about what drives users to interact with AI models in a polite manner. Some AI users say they interact politely with the bots in case AI becomes sentient and starts treating people based on how…

US Dollar Risks Breakdown if Fed Chair Is Fired, Warns French Official

Ousting the Fed chair could shatter U.S. credibility and rattle global markets, the French finance minister warned, citing spiraling instability threatening dollar dominance and investor confidence. Global Markets at Risk as Trump Eyes Removal of Fed Chair Jerome Powell French Finance Minister Eric Lombard voiced sharp concerns about U.S. economic stability in remarks published Saturday, […] Source CryptoX Portal

Solana Rallies Past Bitcoin—Momentum Tilts In Favor of SOL

Solana started a fresh increase from the $120 support zone. SOL price is now consolidating and might climb further above the $142 resistance zone. SOL price started a fresh increase above the $125 and $132 levels against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $142 resistance…