Month: April 2025

Grayscale launches Bitcoin adopters exchange-traded fund

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Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most notable firms in the ETF include Michael Saylor’s Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group. Grayscale’s Bitcoin Adopters ETF highlights the growing trend of Bitcoin…

Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms

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Key points:  US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support.  Today’s crypto derisking is likely transitory; market fundamentals remain strong. Bitcoin (BTC) price took an abrupt tumble as data showed the US gross domestic product (GDP) retracting by 0.3% in Q1, raising alarms among analysts anticipating a recession. Following the news, BTC price dropped to an intra-day low of $92,910, while the DOW and S&P 500…

Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key

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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. Bitcoin continues to show signs of resilience at the $95,000 region, pushing higher from recent lows and attempting to reclaim its bullish structure after a volatile April. The monthly…

Why is Bitcoin price stuck in a tight range?

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Bitcoin’s lack of movement lately isn’t unusual as price action is trapped within a tight lower time frame trading channel. Until either support or resistance is broken with strong volume, expect continued chop, indecision, and frustrating fakeouts for both bulls and bears. Since April 23rd, Bitcoin (BTC) has been locked in a sideways range between $91,610 support and $95,700 resistance. This range has acted as a short-term zone of price acceptance, and BTC has failed to build momentum beyond either boundary. As long as this structure holds, the market will…

Bitcoin Dips Slightly as US Economy Shrinks

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The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report published […] Original

Mercado Bitcoin taps Wormhole to scale $200m in tokenized assets

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Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across more than 30 blockchain ecosystems. The Rio de Janeiro-based exchange is already a major player in Latin America’s digital asset landscape, with over 4 million clients and a growing portfolio of tokenized offerings. By integrating Wormhole’s interoperability protocol, MB seeks to offer a more scalable and transparent solution for on-chain…

Roswell Becomes First U.S. City to Add Bitcoin to Reserves

Key Notes Roswell has become the first U.S.city to create a Bitcoin reserve. The reserve was initiated with a 0.0305 BTC anonymous donation. The fund will support public services and disaster relief in Roswell. Roswell became the first U.S. city to create a Bitcoin reserve on April 29, 2025, when it established the Roswell Strategic (Bitcoin) Reserve, confirmed by Acting Mayor Juliana Halvorson and Bitcoin professional Guy Malone. Guy Malone, using his X page, released an official document from Roswell city, confirming the receipt of its first Bitcoin donation. The…

Jubilation Or Warning Sign? 90% of Bitcoin Supply In Profit

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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. Bitcoin continues to attempt to breach the $95,000 barrier with investors looking out for indicators that it might indeed do so. The digital money has failed to breach the…

Semler Scientific Adds 165 BTC, Expands Bitcoin Strategy

Key Notes Semler Scientific bought 165 Bitcoin for $15.7 million between April 25 and 29. Total BTC holdings now stand at 3,467 BTC, worth $330.6 million. The firm spent $15.7 million on its latest BTC acquisition, which emerged from a recent share sale. Semler Scientific, a Nasdaq-listed company, has taken another step in its ambitious and deliberate plan to accumulate Bitcoin. In a recent update, the company’s Chairman, Eric Semler, confirmed the addition of 165 more BTC to its balance sheet on April 29. The move brings its total holdings…

EU digital product passports won’t solve food fraud, but blockchain can

Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards.  Self-sovereign identity (SSI) can fix this.  The UK Food Standards Agency and the European Commission both urge reform to tackle this concern by creating a robust traceability database within supply chain networks to ensure consumer transparency and trust. Data, however, is…