Month: April 2025

AWS Network Outage Disrupts Major Cryptocurrency Exchanges – SuperCryptoNews

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Several prominent cryptocurrency exchanges, including Binance, KuCoin, and MEXC, reported service disruptions earlier today due to a significant network interruption affecting Amazon Web Services (AWS). The outage at an AWS data center caused “connectivity issues” impacting at least a dozen of the cloud provider’s services, highlighting the reliance of major crypto platforms on centralized infrastructure.Binance was among the first to acknowledge the issue, stating in a social media post that users were experiencing failures with some orders due to a “temporary network interruption in the AWS data center.” While some…

XRP To Explode? Expert Says ETFs Could Ignite Surge To $15

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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 pundit Zach Rector’s has published a bold projection that XRP could surge to $15 as soon as institutional inflows driven by exchange-traded funds (ETFs) increasingly reshape market dynamics.…

Binance to Halt Key Functions on BNB Chain on April 17, Here’s Reason

Key Notes Due to maintenance, Binance will pause BNB Smart Chain deposits and withdrawals on April 17. The scheduled maintenance starts at 06:00 UTC and is expected to last about one hour. Trading of BNB and other BEP-20 tokens will continue as normal. Leading digital asset exchange Binance has announced that it will perform wallet maintenance on the BNB Smart Chain. Notably, this will lead to a short pause in key functions. This scheduled update will affect all deposits and withdrawals involving BEP-20 tokens. Deposits and Withdrawals Paused for One…

Whales Continue to Offload Ethereum Amid Market Slump, What’s Ahead?

Key Notes Galaxy Digital transferred $40 million worth of ETH to Binance in the last three days. Ethereum’s stablecoin reserves have dropped by more than $1 billion this past week. Analyst highlights $1,546 as a key support zone, with signs of a potential rebound. Galaxy Digital, the crypto investment firm led by Mike Novogratz, has been offloading its Ethereum ETH $1 623 24h volatility: 0.2% Market cap: $195.90 B Vol. 24h: $10.85 B holdings over the past several days. According to blockchain analytics platform LookOnChain, the firm deposited another 12,500…

Bitcoin will thrive under a market structure bill, says Satoshi Act Fund co-founder

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Satoshi Act Fund co-founder, Dennis Porter, believes the market structure legislation will be a ‘massive boon’ for Bitcoin because it will bring in more capital. In a recent post on April 15, the Bitcoin (BTC) advocate said that market structure legislation will be able to open “the flood gates” for capital. He believes that regulatory clarity will lure in more investors to inject capital inflows into the market, paving the way for a bullish season for BTC. “Once signed into law, the flood gates will be wide open and the…

Meme Coins DOGE, SHIB Struggle, Investors Are Turning to Bitcoin Again

Key Notes DOGE and SHIB registered slight declines while the market rebounded. Bitcoin surpassed the $85,000 mark with 63% dominance. The meme coin market cap declined to $46 billion. Leading meme coins, Dogecoin DOGE $0.16 24h volatility: 2.7% Market cap: $23.23 B Vol. 24h: $840.36 M and Shiba Inu SHIB $0.000012 24h volatility: 1.5% Market cap: $7.00 B Vol. 24h: $134.46 M , face correction despite the increasingly positive sentiment in the broader crypto market. DOGE declined 3.6% to $0.159. The leading meme coin has been moving along with the…

Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield

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Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access enhanced yield by leveraging Avalon’s fixed-rate institutional borrowing layer alongside the FBTC asset, which is a bitcoin−pegged token with over $1.25 billion in total value […] Original

$227,000,000 Worth of OM Tokens Moved to Crypto Exchanges Prior to 90% Price Collapse of Mantra: On-Chain Data

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Blockchain intelligence platform Lookonchain says that tokens of the real-world asset (RWA) crypto project Mantra (OM) worth hundreds of millions of dollars were transferred to digital asset exchanges before a massive price crash. Lookonchain says on the social media platform X that multiple wallets had sent millions of OM tokens to crypto exchanges prior to Mantra’s 90% price meltdown over the weekend. Based on Lookonchain’s data, some of the exchanges that received the deposits include OKX and Binance. “Who dropped the price of OM? Before the OM crash(since Apr 7th),…

Swedish lawmakers urge finance minister to consider national Bitcoin reserve

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This week, two Swedish lawmakers urged the country’s finance minister to consider adding Bitcoin to Sweden’s reserves. Sweden Democrat Member of the Riksdag Dennis Dioukarev and MP Rickard Nordin have issued open letters to Finance Minister Elisabeth Svantesson, pushing for a national strategy that embraces Bitcoin as part of the country’s future financial planning. Dioukarev’s letter, submitted on April 14, proposed that Sweden begin accumulating Bitcoin using confiscated crypto assets. He pointed to similar efforts in other countries, notably the United States, which recently launched a national Bitcoin reserve funded…

Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025

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Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits, as bitcoin prices experienced a dip below $100,000 during February. […] Original