Day: April 22, 2025

ECB flags risk of financial contagion from US Crypto push

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The European Central Bank (ECB) has raised alarm over the potential fallout from the United States’ aggressive support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by POLITICO, the ECB has asked for a revision of the Markets in Crypto-Assets Regulation (MiCA) regulatory framework for cryptocurrencies just months after it came into effect. At the center of the dispute is the concern that US reforms, backed by President Donald Trump, could flood European markets with dollar-denominated…

Whale Eyes Mantra (OM) Sale amid Token Burn Implementation, Will Price Crash?

Key Notes Whale transferred 1.724 million OM to Binance, possibly preparing for a large-scale sell-off. Mantra plans to burn 150 million OM tokens by April 29, with talks for an additional 150 million token burn in the future. Analyst Moon Jeff sees the dip as a buying chance, targeting a $1 recovery for OM. John Patrick Mullin, CEO and founder of Mantra, recently announced a 300 million OM token OM $0.53 24h volatility: 5.5% Market cap: $500.79 M Vol. 24h: $493.31 M removal from the total supply. However, a whale…

Ethereum Attempts Breakout FromDowntrend, Can It Hold $1,600?

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. Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles…

Polygon NFTs overtake Ethereum collectibles in 7-day sales

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Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days.  On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last week’s overall NFT sales volume, which reached $92.9 million.  The network also had over 39,000 NFT buyers for the week, an 81% increase over the previous week.  Ethereum remained second in sales, with a $19.2 million NFT sales volume for the week. Mythos…

Upbit Listed DeepBook, DEEP Price Doubled in Minutes

Key Notes Upbit listed DeepBook with the Korean won trading pair. DEEP reached a local high of $0.18 a few minutes after the listing. The announcement comes a week after DeepBook’s latest upgrade. Upbit, the leading South Korean crypto exchange, listed DeepBook , the native token of the Sui network-based decentralized finance protocol. According to the announcement, DEEP was listed on the exchange at 05:30 UTC on April 22. The Sui-based token is only available for trading with the Korean won at this point. DeepBook is an on-chain liquidity aggregator…

Bitcoin Spot ETFs See Massive Drawdown, But Here’s Why a Bull Run Might Be Brewing

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Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level. At the time of writing, BTC trades at $87,361, surging a 3.4% in the past day. Interestingly, despite the positive price movement, underlying activity in the broader Bitcoin market presents a more complex narrative. While spot price action appears relatively stable, significant outflows have been…

Bitcoin Gains Momentum While Ethereum Stagnates; Lightchain AI Presale Nears Its End

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This content is provided by a sponsor. PRESS RELEASE. Bitcoin is surging again, capturing the spotlight in the crypto world. While Ethereum struggles to gain ground, there’s another player drawing attention. Lightchain AI, an emerging blockchain project leveraging artificial intelligence, is on the brink of concluding its presale, with only $1 million left to raise. […] Original

Bitcoin ETF inflows hit 3-month high amid Trump-Powell tensions

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Spot Bitcoin exchange-traded funds in the United States recorded their highest daily inflows in three months, fuelled by renewed risk-on sentiment after President Donald Trump threatened to fire Federal Reserve chair Jerome Powell. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $381.4 million in net inflows on April 21, over 250% higher than the previous day’s inflows and marking the highest net inflows seen since Jan. 30. Leading the charge was ARK 21Shares’ ARKB, which pulled in $116.13 million, followed by Fidelity’s FBTC with $87.61 million.  Bitwise’s…

6,556 BTC Added To Massive Bitcoin Stash For Half A Billion

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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. Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC,…

Court Date For Recovery Plan Set in May, With Payouts After 10 Days

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…