Month: April 2025

New Hampshire Bitcoin Reserve Bill passed Senate committee

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New Hampshire’s move toward integrating digital assets into its financial strategy took a step forward this week as House Bill 302, which would enable the state to invest in Bitcoin and precious metals, passed its second Senate committee. The bill, first introduced in January, has now cleared four major legislative stages. HB302 began with a 16–1 vote in the House Commerce and Consumer Affairs Committee, followed by passage in the full House on April 10 by a narrow 192–179 margin. After being referred to the Senate, the bill was reviewed…

Trump Meme to Host White House Dinner and Lightchain AI Presale Nearing Completion

This content is provided by a sponsor. PRESS RELEASE. Cryptocurrencies, meme coins, and artificial intelligence are at the center of a buzzing intersection, creating businesses and amusing stories that are captivating worldwide audiences. Two recent developments have stirred significant excitement among crypto enthusiasts, meme lovers, and AI followers alike. Donald Trump, in conjunction with the […] Source CryptoX Portal

DeFi platform KiloEx to compensate users impacted by $7.5M hack

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Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April. In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full compensation if their losses increased or profits decreased. The platform said it would pay the difference.  KiloEx urged traders to close their positions immediately once the platform resumes operations, as delaying could affect their profit and losses, which may then impact the compensation amount.…

TRUMP Coin up 60% after dinner offer.

Key Notes The Official Trump meme coin surged 58% after a private dinner announcement for its top 220 holders. Trading volume skyrocketed over 500%, reaching $5.04 billion in just 24 hours. Critics accuse Trump of using White House access to fuel demand for the token. After watching his meme coin, Official Trump TRUMP $12.09 24h volatility: 29.5% Market cap: $2.41 B Vol. 24h: $5.50 B , plunge nearly 90% from its highs earlier this year, United States President Donald Trump may have found a fresh way to revive investor interest.…

BlackRock BTC ETF tops $40B after $643M buy.

Key Notes BlackRock now holds over 573,000 BTC. Spot BTC ETFs recorded $917 million in net inflows on April 23. Spot ETH ETFs still struggle to sustain inflows. BlackRock, the world’s leading asset manager, is seeing increased investor optimism in its IBIT fund. According to data from SoSoValue, BlackRock’s spot Bitcoin BTC $92 289 24h volatility: 1.8% Market cap: $1.83 T Vol. 24h: $36.46 B exchange-traded fund saw an inflow of $643.2 million with a daily trading volume of $3.2 billion on Wednesday, April 23. This brought IBIT’s total net…

Revolut doubles profits to $1.3B on user growth, crypto trading boom

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Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading. According to its annual report published on Thursday, April 24, Revolut’s profit soared from 438 million pounds in 2023, while revenue jumped to 3.1 billion pounds from 1.8 billion pounds. A key contributor to Revolut’s strong performance was its wealth division, which includes stock and digital asset trading. The segment generated 506 million pounds in revenue — nearly four…

Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?

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Recent positive price action has propelled Bitcoin (BTC) above the short-term holders’ realized price of $91,000. This development has prompted some crypto analysts to question whether BTC’s newfound strength is sustainable – or merely a bull trap ahead of a major pullback. Is Bitcoin About To Rally Or Will It Double Top? US President Donald Trump’s recent statement that tariffs on China will be “substantially” lower than the proposed 145% provided a boost to risk-on assets. Both equity and crypto markets responded positively, with BTC up 5.6% over the past…

Metaplanet completes 50% of planned Bitcoin buys for 2025

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Japanese investment firm Metaplanet boosted its Bitcoin holdings to 5,000 BTC with a new 1.9 billion yen purchase. Tokyo-based Metaplanet Inc. has acquired an additional 145 Bitcoin (BTC), bringing its total holdings to 5,000 BTC as part of the firm’s ongoing Bitcoin Treasury Operations, according to a Thursday regulatory filing. The firm disclosed that it bought the 145 BTC for a total of ¥1.9 billion (around $13.4 million). The average purchase price of all Bitcoin held by Metaplanet now stands at ¥12.8 million per Bitcoin (around $89,000). 5,000 BTCを突破しました 🚀…

Kuwait Warns Against Illegal Cryptocurrency Mining

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Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several existing laws. […] Source