Month: April 2025

Why is Nexo (NEXO) Up 7% Today? Weekly Gains Surpass 17%

Key Notes Nexo (NEXO) jumped 7% today and posted weekly gains exceeding 17%, fueled by its official reentry into the US. Nexo’s comeback, endorsed by Donald Trump Jr., comes after resolving previous regulatory issues. The immediate resistance is at $1.24 and an upside target of $1.39, although RSI is nearing overbought levels. Nexo NEXO $1.33 24h volatility: 19.0% Market cap: $1.33 B Vol. 24h: $23.52 M is making headlines today after rising by 7.85% in the past 24 hours, bringing its weekly gains to an impressive 17%. As of now,…

Michael Saylor’s Bitcoin Strategy Adds Another 15,355 BTC; Total Now 553,555 BTC

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Following a cryptic Sunday post on X alluding to fresh bitcoin ambitions, Michael Saylor’s enterprise revealed Monday it had expanded its digital treasury by procuring 15,355 BTC. The tech magnate broadcasted the transaction on the social media platform, declaring: “MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC […] Original

Coinbase to launch yield-bearing Bitcoin fund for institutions

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Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address the growing institutional demand for bitcoin yield, Coinbase Asset Management is excited to introduce the Coinbase Bitcoin Yield Fund (CBYF),” the company wrote. The fund is backed by multiple investors, including Aspen Digital, a digital…

Digital Asset Funds Sees $3.4 Billion Inflow As Investors’ Interest Shifts

Key Notes Bitcoin funds attracted $3.18 billion, with assets under management hitting $132 billion. The second-largest cryptocurrency, Ethereum, made a comeback with $183 million in inflows after weeks of outflows. US investors accounted for $3.3 billion of the total flows, with Europe showing growing demand. Current market data shows that global digital asset investment products attracted significant attention last week, recording inflows totaling $3.4 billion. ‘According to the update, this marks the largest inflows since mid-December 2024 and the third-largest weekly inflow on record. The shift in investor interest comes…

XRP To Hit $8, No Double Digits This Cycle: Crypto Analyst

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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. Chart technician “Charting Guy” told his audience that XRP’s current four-hour structure suggests a measured climb toward a cycle peak near $8—yet nothing higher. Displaying a BITSTAMP four-hour chart…

SPAR grocer to launch Bitcoin payments across Switzerland after successful pilot in two locations

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SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC) as a payment option across Switzerland. SPAR’s crypto payment system is powered by OpenCryptoPay, a platform developed by DFX Swiss, which uses the Bitcoin Lightning Network to enable fast and low-cost transactions. To complete their purchase, shoppers simply scan a static QR code presented by the cashier on checkout. The…

Web3 games with one wallet still the vision for players — The Sandbox

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Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox.  In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and his fellow The Sandbox co-founder and chief operating officer, Sebastien Borget, told Cointelegraph that Web3 gaming interoperability remains the goal for The Sandbox. Madrid said:  “So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet…

Is Someone Lying? IMF Confirms El Salvador’s Compliance With Bitcoin Non-Accumulation Commitment

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In a press briefing during the spring meetings of 2025, the IMF highlighted that, according to their data, El Salvador has complied with the bitcoin non-accumulation agenda to which it committed. Nonetheless, the country continues to report regular bitcoin purchases. IMF States El Salvador Has Not Accumulated More Bitcoin, but Bukele Keeps ‘Buying’ The controversy […] Original

Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership

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The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives. Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) — one of the world’s fastest-growing financial centers — in a move that could boost the adoption of its Bitcoin (BTC) layer-2 (L2) solution in the Middle East and Asia. The new partnership will play a “pivotal role” in shaping the future of Bitcoin’s “programmability and adoption” in these…