Month: April 2025

Bitcoin Sentiment Still Close To Extreme Fear—Green Sign For Recovery?

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Data shows the Bitcoin sentiment is currently not far from the extreme fear region, something that could be positive for the asset’s recovery. Bitcoin Fear & Greed Index Is Deep Into The Fear Zone The “Fear & Greed Index” is an indicator made by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets. The index uses the data of these five factors in order to determine the market sentiment: trading volume, volatility, market cap dominance, social media sentiment and Google…

Galaxy Digital Deposited 49,681 ETH into CEXs: Is Another Selloff Coming?

Key Notes Galaxy Digital’s movements hint at a potential selloff. This could push ETH below the $1,600 mark. ETH-based ETFs also struggle, strengthening bearish sentiment. Galaxy Digital, a crypto investment service provider, has been depositing Ethereum ETH $1 600 24h volatility: 1.6% Market cap: $193.20 B Vol. 24h: $12.96 B into the top cryptocurrency exchanges, Binance and Coinbase. According to an X post by Lookonchain, Galaxy Digital sent a total of 49,681 ETH, worth nearly $80 million, to Binance and Coinbase between April 12 and 17. The deposits came from…

TRUMP Memecoin Unlock Set To Release 40 Million Coins This Thursday

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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 crypto market is gearing up for an important event this Thursday: the unlocking of a large portion of the TRUMP memecoin launched by President Donald Trump just before…

Bitget Burns $130 Million BGB 2.5% of the Total Token Supply

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

Binance in talks with countries to establish strategic Bitcoin reserves: report

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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…

Bitcoin’s Futures Sentiment Weakens, Is The Ongoing Recovery Running Out of Steam?

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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’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…

Base Is for Everyone: What Just Happened?

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 to launch ‘NODE’ ETF targetting crypto-related stocks

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…

Russia finance ministry official floats country making own stablecoins: Report

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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…

Bitcoin online chatter flips bullish as price chops at $85K: Santiment

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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…