Month: April 2025

Solana whales begin offloading SOL amid $200M staking unlock

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Solana whales have offloaded their tokens to cash in on gains from a staking play that began four years ago.  In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million. The stake was unlocked on April 4, in what Arkham Intelligence called “the largest single-day unlock of staked SOL.” The firm noted that the next similar unlock is not expected until 2028. At the time of the unlock, the tokens were valued at roughly $206 million, representing a 446% gain from the initial…

Here’s why Bitcoin, altcoins, and the stock market continued falling on Friday

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Bitcoin, altcoins, and the stock market continued their downward trend on Friday as the trade war between the U.S. and China escalated. Bitcoin (BTC) price dropped to $82,000, erasing some of the gains made during the Asian and European markets. Ethereum (ETH) dropped below $1,800, while the market cap of all coins fell to $2.64 trillion. The stock market’s performance was even worse as futures tied to the Dow Jones, S&P 500, and Nasdaq 100 indices plunged by over 3%. This means that these blue-chip indices have all moved into…

Stablecoin supply surges $30B in Q1 as investors hedge against volatility

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Despite a $30 billion surge in stablecoin supply to new record levels, cryptocurrency investors remained cautious as they awaited market stability amid US tariff fears. The total stablecoin supply rose by more than $30 billion in the first quarter of 2025, even as the overall crypto market capitalization fell 19%, according to a new report by crypto intelligence platform IntoTheBlock. “The correlation between crypto and stocks climbed as macro expectations quickly shifted from “golden era” optimism to tariff-led doom and gloom,” according to IntoTheBlock’s quarterly report, shared with Cointelegraph. Source:…

Stablecoin adoption grows with new US bills, Japan’s open approach

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Stablecoins are front and center of late: Critical bills have made their way through US Congress, First Digital’s coin briefly depegged over reserve concerns, and Coinbase’s efforts to take on banks saw pushback from lawmakers — to name just a few recent headlines. Dollar-backed cryptocurrencies are under the spotlight as the market considers the role of the US dollar and the future of US economic power under the controversial policies of President Donald Trump. In Europe, stablecoins face a stricter regulatory regime, with exchanges delisting many coins that aren’t compliant…

Has Michael Saylor’s Strategy built a house of cards?

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Strategy Inc, formerly MicroStrategy, has discarded its core product, assumed a new identity, swallowed over half a million Bitcoin, spawned equity classes with double-digit yields, and inspired an arsenal of leveraged exchange-traded funds (ETFs) — a unique and significant market phenomenon. Michael Saylor’s firm has constructed a comprehensive financial framework based around Bitcoin (BTC), tying its corporate performance directly to the cryptocurrency’s price fluctuations. As a result, Strategy’s common stock has evolved into a proxy for Bitcoin exposure, its preferred shares offer yields tied to cryptocurrency risk, and a series…

Bitcoin Price (BTC) at $82.6K Following March Employment Numbers

The U.S. employment situation continued to roll along in strong fashion in March, adding another piece to the puzzle as the Federal Reserve contemplates the path of short-term interest rates in a world that’s markedly changed in the last 48 hours. Nonfarm payrolls rose by 228,000 last month, the Bureau of Labor Statistics reported Friday morning. Economists had expected a gain of just 135,000 following February’s increase of 117,000 jobs (revised from an originally reported 151,000). The unemployment rate for March, however, rose a tick to 4.2% against economist consensus…

Chainlink Whales Dump Over 170 Million LINK In Three Weeks – Selling Pressure Ahead?

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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. Chainlink is trading at crucial demand levels as the entire crypto market faces heightened selling pressure and uncertainty. After weeks of volatility and downside moves, bulls continue to struggle…

Bitcoin Selling Pressure on the Rise: What to Expect?

Key Notes Following the Babylon protocol’s airdrop, 256 BTC was unstaked within 24 hours. Long-term Bitcoin holders moved over $90 million worth BTC, signaling possible profit-taking. $2.18 billion in Bitcoin options contracts are set to expire on April 4. The Bitcoin staking ecosystem saw a major shift following the recent airdrop by the Babylon protocol. Within 24 hours of Babylon distributing 600 million BABY tokens, 256 BTC, worth over $21 million, was unstaked from the platform. in the past 24 hours, 256 BTC has been unstaked from Babylon these unstaking…

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

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The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive. While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph. On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal”…