Month: April 2025

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,…

Here’s why SYRUP surged over 35% today

SYRUP jumped as much as 36% today, driven by strong ecosystem growth and whale accumulation. On April 17, Maple Finance’s SYRUP token hit an intraday high of $0.15, putting it up more than 76% from its monthly low. At the time, its market cap sat around $128.8 million, and daily trading volume surged 157% to over $10.7 million. Much of the hype came from rising demand in Maple’s derivatives market, too, as open interest in SYRUP futures shot up 90% in a day, reaching $359.6k. The rally is largely tied…

Solana (SOL) Breaches Most Important Price Mark as Volume Jump 35%

Key Notes Solana trading volume rose 35%, pushing the price above the $129 pivot zone. Over $120 million in liquidity returned to Solana from other networks. A TD Sequential buy signal and meme coin rally now hint at further upside. Solana SOL $133.1 24h volatility: 5.8% Market cap: $68.69 B Vol. 24h: $5.33 B has crossed a key price level that may shape its near-term direction. Notably, a sharp 35% rise in trading volume and renewed investor activity have brought the network back into focus. Solana Price Sets Key Pivot…

Fartcoin Approaches $1B Market Cap as Whales Buy More

Key Notes A new wallet spent $1M USDC to buy 1.06M Fartcoin, adding fuel to the bullish momentum. If FARTCOIN breaks above $0.98, the next key Fibonacci targets are $1.095, $1.28, and $1.46. Polymarket shows a 73% chance of FARTCOIN claiming an FDV of $1 billion before July. Fartcoin FARTCOIN $0.89 24h volatility: 1.5% Market cap: $882.23 M Vol. 24h: $355.09 M is once again making headlines across the meme coin world. The token, currently priced at $0.9167, has gained 8.34% in the last 24 hours and now boasts a…

Aptos To Continue Moving In ‘No Man’s Land’ – Can It Reclaim $5?

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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. After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT’s party won’t continue until the…

Binance helps countries with Bitcoin reserves, crypto policies, says CEO

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Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT. Teng did not identify any countries but said that the…

Bitcoin Price Falls Below $80,000, Dragging Down Top 10 Crypto Exchanges Volumes in March 2025

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Cryptocurrency exchange trading volumes decreased by 15% in March 2025 compared to the previous month, marking the third consecutive monthly decline in trading activity across major platforms. The declines coincided with Bitcoin’s weakening performance. Although its price contracted by only 2% last month, it briefly fell to $75,000 — the lowest level since November. According to data from Finance Magnates Intelligence and The Block, total trading volume across the top ten cryptocurrency exchanges fell to $1.13 trillion in March from $1.33 trillion in Februaryc, reflecting cooling market sentiment after the…

Auradine Raises $153M Series C for Bitcoin (BTC) Mining, AI Data Center Networking

Auradine, a maker of computing equipment for bitcoin (BTC) mining and AI applications, said it raised $153 million in a Series C funding round. The Silicon Valley, California-based company also formed a new business group, AuraLinks AI, focused on open-standards to address cooling requirements of next-generation AI data centers. AI data centers and BTC mining share similarities in their operational requirements. Given the proliferation of AI in mainstream use in recent years, the subject of data centers is now commonplace in public discourse. This is significant for the cryptocurrency industry…