The digital asset continued its upward trajectory on Friday, despite worries of how a drop in Chinese imports will impact the economy. Bitcoin Nears $95K Despite Trump Tariff Turbulence Some economists suggest President Donald Trump’s frequent last-minute trade policy reversals may have a more dire impact on the economy than his initial tariff announcements, leaving […] Original
Month: April 2025
Bitwise Files Delaware Trust Registration for Proposed NEAR Protocol ETF
Crypto asset manager Bitwise has taken a preliminary step toward launching a NEAR Protocol-focused exchange-traded fund (ETF) by filing registration documents for a Delaware statutory trust, public records show. Bitwise Advances NEAR ETF Plans with Delaware Statutory Trust Filing A Bitwise NEAR ETF entity was registered as a Delaware statutory trust on April 24, 2025, […] Source CryptoX Portal
As Bitcoin and altcoin prices rise, should you sell in May and go away?
Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin (BTC) price has jumped for three consecutive weeks and is now 28% above its lowest level this month. Most altcoins have also jumped, with the best weekly performers being Official Trump (TRUMP), Sui (SUI), Dogwifhat (WIF), Fartcoin (FARTCOIN), and Stacks (STX). All these tokens have jumped by over 50% in the last seven days. Other risky assets have also bounced back. The S&P 500, Nasdaq 100, and Dow Jones indices…
Ghost Town Vibes: Bitcoin Soars On ETFs, Not Users
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
If Trump fired Powell, what would happen to crypto?
Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump has turned to Jerome Powell, chair of the Federal Reserve, and now demands he lower the Fed Funds Rate — the rate at which the Fed lends money to banks. And the steely eyed Powell will say “No.” Trump wants to lower rates because doing so is an effective cash injection into the United States economy,…
Nigerian court green lights arrest for six CBEX promoters — Report
A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange. According to an April 24 report from Nigerian news outlet The Cable, the Federal High Court in Abuja approved the arrest and detention of six people who promoted the Crypto Bridge Exchange (CBEX), allegedly defrauding investors out of 1 billion naira, or roughly $620,000. The suspects in the cases did not appear to have been arrested at…
Swiss Central Bank Rejects Bitcoin as Reserve Asset
Key Notes The Swiss National Bank refuses to add Bitcoin to its reserves due to market instability. Martin Schlegel says cryptocurrencies lack the liquidity needed for national reserves. Crypto advocates launch a referendum campaign to push for Bitcoin and gold in reserves. The Chairman of the Swiss National Bank (SNB), Martin Schlegel, stated that the central bank has no intention of adding Bitcoin to its reserves due to the stability risks associated with the cryptocurrency. This comes after the local crypto industry intensified its calls for Bitcoin to be used…
Trade War Watch: China and the US Contradict on State of Negotiations
While there have been positive developments regarding the loosening of the U.S. tariffs on Chinese imports, the state of negotiations to finally solve this trade war is still uncertain. President Trump stated that there were meetings addressing the issue, but China has outright denied that these ever happened. China Denies Having Trade War Negotiation Meetings, […] Source CryptoX Portal
Ronin Bridge Taps Chainlink for Cross-Chain Security
Key Notes Ronin Bridge has finalized its migration to Chainlink’s CCIP in April 2025. Over $450 million in tokens were moved from the legacy bridge. Ronin Bridge now offers enhanced cross-chain functionality and security. The long-awaited migration from the old Ronin Bridge to the Chainlink Cross-Chain Interoperability Protocol (CCIP) has now been completed. As detailed, all supported tokens are officially operating on the new system. Notably, this latest development will bring a new level of security and cross-chain functionality to the Ronin network. All Tokens Moved to Chainlink CCIP According…
Bitcoin At 40% Discount As ‘Triple Put’ Unfolds: Hedge Fund
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 is changing hands at prices almost 40% below its modeled “energy value,” yet an unusual confluence of technical, fundamental and policy signals suggests the market may be turning,…