Month: April 2025

Ripple’s RLUSD Stablecoin Nears $250M Market Cap Amid Payments Expansion

Ripple has integrated its USD-backed stablecoin, RLUSD, into its Ripple Payments platform to streamline cross-border transactions for enterprise clients, with the asset nearing $250 million in market capitalization since its December 2024 launch. Ripple Adds Enterprise Stablecoin RLUSD to Cross-Border Payment System Ripple Payments, a platform that claims to process billions in transaction volume, now […] Source CryptoX Portal

Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds

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Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements. New Grayscale ETFs Leverage Bitcoin Volatility for Income Generation Grayscale has launched two new exchange-traded […] Original

Bitcoin rally to $88.5K obliterates bears as spot volumes soar — Will a tariff war stop the party?

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Bitcoin price caught an unexpected bid by rallying to a session high at $88,500, but will the price gains be capped at a multimonth overhead resistance that is aligned with the 50-day moving average?  Key points: Bitcoin extended its April. 1 gains as news that the Trump administration had not finalized its “Liberation Day” tariffs emerged.  Israel, Mexico and India have already rolled back their tariffs on US imports or suggested that they will not do “tit for tat” tariffs in response to the expected April 2 US tariffs.  Bitcoin…

Coinbase Says FDIC Not Cooperating With Exchange’s Freedom of Information Request in New Court Filing

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Coinbase’s legal representatives say the U.S. Federal Deposit Insurance Corporation (FDIC) hasn’t been cooperating with Freedom of Information Act (FOIA) requests. Coinbase has been attempting to leverage FOIA to uncover instances of the FDIC asking banks to freeze crypto services, known as “pause letters,” but the top US crypto exchange says the regulator hasn’t been complying with its information requests. Paul Grewal, Coinbase’s chief legal officer, claims the pause letters were part of “Operation Choke Point 2.0,” an alleged attempt by Biden Administration government regulators to stifle the crypto industry.…

Why A Massive Drop To $1,400 Could Rock The Underperformer

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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 Klejdi has indicated that Ethereum’s pain is far from over, with the second-largest crypto by market cap set to suffer a further downtrend. Specifically, he warned that…

DoubleZero protocol announces validator funding round

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The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator funding round to sell token-purchase agreements for its native token to prospective validators. Applications for the funding round will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States since 2019. The round is only available to accredited investors. According to the protocol, only validators currently serving the high-throughput Solana, Celestia, Sui, Aptos, and Avalanche networks are eligible to apply. Interested parties are…

Crypto braces for Trump’s tariff announcment: what to expect

Markets are preparing for volatility ahead of President Donald Trump’s tariff announcement, with Bitfinex analysts warning that the final details could trigger either a relief rally or a deeper correction across crypto and equity markets. U.S. President Donald Trump is set to reveal his “Liberation Day” tariff plan at 4 p.m. ET, potentially altering decades worth of trade relations with partners like China, Mexico, and Canada. The specifics of the levies remain unconfirmed, but proposed measures include delayed 25% tariffs and new duties on commodities such as lumber, copper, and…

Bitcoin ETFs Face Heavy Sell-Off With $158 Million Exit

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Bitcoin exchange-traded funds (ETFs) extended their outflow streak with a $158 million exit, marking three straight days of declines, while ether ETFs lost $3.6 million after two brief days of inflows. Bitcoin ETFs Extend Losing Streak With $158M Outflow As Ether ETFs Also Retreat The bleeding continued for bitcoin ETFs on the first day of […] Original

XRP’s Rise To Rarity? Only 1% May Afford It, Expert Says

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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. XRP holders may see huge profits if they can hold on through tough economic times, according to one crypto academy founder. Edoardo Farina of Alpha Lions Academy claims that…

Pump.fun launches lending platform to finance memecoin buys

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Pump.fun is launching a lending platform to enable users to buy memecoins and non-fungible tokens (NFTs) with borrowed cryptocurrency, the Solana-based memecoin launchpad said.  Dubbed Pump.Fi, the onchain lending protocol provides “immediate… financing for [any] digital asset,” Pump.fun said in an April 1 X post. According to Pump.fun, borrowers pay one-third up front and the rest over 60 days. In addition, Pump.Fi will create a marketplace for lenders to buy debt. The protocol did not specify how Pump.Fi — which doesn’t do credit checks — plans to ensure repayment of undercollateralized…