Day: April 25, 2025

Ghost Town Vibes: Bitcoin Soars On ETFs, Not Users

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

If Trump fired Powell, what would happen to crypto?

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Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump has turned to Jerome Powell, chair of the Federal Reserve, and now demands he lower the Fed Funds Rate — the rate at which the Fed lends money to banks. And the steely eyed Powell will say “No.” Trump wants to lower rates because doing so is an effective cash injection into the United States economy,…

Nigerian court green lights arrest for six CBEX promoters — Report

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A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange. According to an April 24 report from Nigerian news outlet The Cable, the Federal High Court in Abuja approved the arrest and detention of six people who promoted the Crypto Bridge Exchange (CBEX), allegedly defrauding investors out of 1 billion naira, or roughly $620,000. The suspects in the cases did not appear to have been arrested at…

Swiss Central Bank Rejects Bitcoin as Reserve Asset

Key Notes The Swiss National Bank refuses to add Bitcoin to its reserves due to market instability. Martin Schlegel says cryptocurrencies lack the liquidity needed for national reserves. Crypto advocates launch a referendum campaign to push for Bitcoin and gold in reserves. The Chairman of the Swiss National Bank (SNB), Martin Schlegel, stated that the central bank has no intention of adding Bitcoin to its reserves due to the stability risks associated with the cryptocurrency. This comes after the local crypto industry intensified its calls for Bitcoin to be used…

Ronin Bridge Taps Chainlink for Cross-Chain Security

Key Notes Ronin Bridge has finalized its migration to Chainlink’s CCIP in April 2025. Over $450 million in tokens were moved from the legacy bridge. Ronin Bridge now offers enhanced cross-chain functionality and security. The long-awaited migration from the old Ronin Bridge to the Chainlink Cross-Chain Interoperability Protocol (CCIP) has now been completed. As detailed, all supported tokens are officially operating on the new system. Notably, this latest development will bring a new level of security and cross-chain functionality to the Ronin network. All Tokens Moved to Chainlink CCIP According…

Bitcoin At 40% Discount As ‘Triple Put’ Unfolds: Hedge Fund

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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. Bitcoin is changing hands at prices almost 40% below its modeled “energy value,” yet an unusual confluence of technical, fundamental and policy signals suggests the market may be turning,…

Ethical finance must guide crypto’s evolution

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Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own Foundation Crypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled. We must return crypto to its decentralized roots, a technological revolution built on long-term value, inclusivity and ethics rather than cyclical, speculative gains. The industry should take inspiration from emerging regions and how ethical financial investing can help to repair some…

Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound

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Key points: Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March. BTC price action is making traders increasingly wary due to the pace of recent gains. $100,000 is likely to remain out of reach for the short term, multiple commentators say. Bitcoin (BTC) headed into key resistance after the April 25 Wall Street open as doubts over the BTC price breakout persisted. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin sellers and buyers battle for control Data from Cointelegraph Markets…

12 Legacy Bitcoin Wallets Move 1,200 BTC After 9 Years of Silence

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With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation. 1,200 Sleeping Bitcoins From 2015 Wallets Migrated Into New Structures Bitcoin.com News chronicled the revival of inactive coins two days […] Original