Month: April 2025

CleanSpark to start selling Bitcoin in ‘self-funding’ pivot

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CleanSpark will start selling a portion of the Bitcoin earned from its mining operations each month in a bid to become financially self-sufficient, the US Bitcoin miner said on April 15.  In addition, CleanSpark secured a $200 million credit facility backed by Bitcoin (BTC) through an agreement with Coinbase Prime, the institutional brokerage division of the crypto exchange, according to a statement. Together, the Bitcoin sales and credit line mean CleanSpark has “achieved escape velocity — the ability to self-fund operations, augment our bitcoin treasury, and contribute to expansion capital…

Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In?

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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. Ethereum is trading above the $1,600 mark after a turbulent period marked by heightened volatility and growing uncertainty surrounding global trade policies. As US President Donald Trump’s tariff measures…

Should Bitcoin investors worry about flat inflows to the spot BTC ETFs?

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Spot Bitcoin (BTC) exchange-traded funds saw a total of $872 million in net outflows between April 3 and April 10, causing traders to wonder if overall interest in Bitcoin is fading. The strong selling pressure began on April 3, as global trade tensions increased and fears of an economic recession grew. This trend is especially concerning after two days of spot Bitcoin ETF net flows below $2 million on April 11 and April 14. Spot Bitcoin ETFs aggregate net flows, USD. Source: CoinGlass Bitcoin’s price has remained relatively stable near $83,000…

Tokenization Firm Securitize Acquires MG Stover’s Digital Asset Fund Administration Unit

Securitize, one of the largest tokenized asset issuers, said on Tuesday it has acquired MG Stover’s fund administration business, making its subsidiary Securitize Fund Services the largest digital asset fund administrator. MG Stover’s team will now operate under Securitize Fund Services (SFS), enhancing the company’s institutional-grade offerings, the company said in a press release. With the acquisition, SFS now oversees $38 billion of assets under administration across 715 funds, including Securitize’s tokenized fund offerings such as BlackRock’s $2.45 billion tokenized U.S. Treasury fund (BUIDL). Securitize now offers an integrated suite…

3iQ’s Canadian Solana ETF selects Figment as staking provider

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Blockchain infrastructure provider Figment has been selected as the staking provider for 3iQ’s newly approved Solana exchange-traded fund (ETF), underscoring Canada’s continued efforts toward adoption of digital asset financial products. Figment will enable institutional staking for the 3iQ Solana (SOL) Staking ETF, which launches on the Toronto Stock Exchange on April 16 under the ticker SOLQ, the companies said in a statement. In addition to 3iQ, Figment provides staking infrastructure solutions to more than 700 clients.  The Ontario Securities Commission (OSC), a provincial regulator, green-lighted 3iQ’s SOL fund on April…

Top three tokens that will 3x in Bitcoin bull run

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Bitcoin is back above $85,000, and BTC dominance is climbing towards its four-year peak. This may be the perfect time for altcoins with a high BTC correlation to rally during the bull run. Altcoin tokens with a real use case, growing adoption, and bullish on-chain and technical indicators could double or climb to three times their value this cycle.  Sui, XRP and Fartcoin prices likely to rally  Sui (SUI), the native token of a Layer 1 blockchain platform, XRP (XRP), and Fartcoin (FARTCOIN) are the top three picks for altcoins…

XRP leads in new ETF applications ahead of SEC’s deadlines

XRP could be the most likely candidate for the next spot crypto ETF approval, claims Kaiko research. XRP is emerging as possibly the most likely candidate among potential altcoin Exchange Traded Funds. According to a recent report by Kaiko, XRP (XRP) is leading all other tokens by the number of ETF filings, which stand at 10. Solana (SOL) is in second place, with filings by five ETF issuers. Altcoins by number of ETF filings | Source: Kaiko XRP’s liquidity makes it a key candidate for ETF approval According to Kaiko,…

Dogecoin Price To Enter Phase E After Testing Last Point Of Support, Here’s The Target

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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. Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next, during which…

OpenAI is building ‘X-like social network’ to rival Elon Musk — Report

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Large language model developer OpenAI is reportedly working on a new social media network, putting the company on a collision course with Elon Musk’s X and Mark Zuckerberg’s Meta Platforms. Citing anonymous sources, The Verge reported on April 15 that OpenAI is developing an “X-like social network” that combines ChatGPT’s image generation tools and a social feed, presumably to allow users to share their AI-generated pictures with a broader audience.  It’s unclear whether OpenAI will spin out a new social media platform or roll the features into ChatGPT, the sources…