Month: April 2025

New SEC chair ‘will be good for Bitcoin’ — Michael Saylor

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Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for newly appointed US Securities and Exchange Commission (SEC) Chair Paul Atkins. In an April 23 X post, Saylor wrote that “SEC Chairman Paul Atkins will be good for Bitcoin.” The statement follows Atkins’ swearing-in as the 34th chairman of the SEC on April 21. Source: Michael Saylor Blue Macellari, the head of digital assets at investment firm T. Rowe Price, also commented positively on Atkins’ swearing in during a recent Bloomberg interview. She seemed hopeful and…

PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use

PayPal is upping the ante in the stablecoin wars as it’s set to begin offering U.S. users 3.7% annual returns on balances of its PayPal USD (PYUSD) stablecoin. The yield, accrued daily and paid monthly in PYUSD, is designed to spur adoption by making the token more appealing and stand out among the competition, Bloomberg reported. Set to launch this summer, the program will allow users to earn rewards while keeping their stablecoins in PayPal and Venmo wallets. The stablecoin can be spent via PayPal Checkout, transferred to other users,…

Altcoins may never recover, while Bitcoin dominance got biggest since early 2021

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Bitcoin dominance has been growing steadily after dropping to 40% in November 2022. This April, Bitcoin dominance crossed the 64% mark, meaning that the market cap of Bitcoin accounts for nearly two-thirds of the entire crypto market capitalization. While some still wait for the altcoin season to begin, others state this cycle is different, and there will probably be no altcoin seasons ever again. Bitcoin dominance is nearing 64%, last seen at the peak of the 2020 bear market. This isn’t just a $BTC move. Its capital rotating out of…

Bitcoin Price Watch: MACD and Moving Averages Align in Bullish Formation

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Bitcoin continues to command investor attention with its price settling at $93,574, supported by a market capitalization of $1.85 trillion. In the past 24 hours, the cryptocurrency has traded between $88,499 and $94,510 on a robust volume of $58.72 billion, underscoring heightened activity and trader interest across various timeframes. Bitcoin Bitcoin‘s technical indicators from the […] Original

Cardano Breakout Eyes $0.80 – ADA Repeating Its ATH Playbook?

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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. Amid the market recovery, Cardano (ADA) has seen a 5% daily surge to retest the $0.66 level. Its recent price action has led the cryptocurrency to break out of…

Bitcoin enters top 5 world’s largest assets, surpassing Google, Silver, Amazon

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Bitcoin (BTC) has officially overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization. As of April 23, Bitcoin’s market cap had surged to $1.87 trillion, edging past Alphabet’s $1.859 trillion valuation, according to asset ranking data. BTC is now only behind gold, Apple, Microsoft, and Nvidia. Top assets by market cap. Source: CompaniesMarketCap.com Bitcoin beats Nasdaq 100 returns in April Bitcoin’s edge over Alphabet coincides with an ongoing “decoupling” from its long-standing correlation with US tech stocks, especially in April, wherein BTC’s price has rallied…

Bitcoin Flips Silver and Amazon as BTC Price Eyes $95,000

Key Notes Bitcoin surpassed silver and Amazon, becoming the sixth most valuable asset in the world, with a market capitalization of $1.846 trillion. BTC’s recent surge aligns with Arthur Hayes’ prediction that it will retest $110,000 soon. Despite criticisms, corporate investors continue accumulating Bitcoin as a treasury reserve asset. Bitcoin BTC $93 597 24h volatility: 5.9% Market cap: $1.86 T Vol. 24h: $58.94 B surged past Silver and Amazon, becoming the sixth most valuable asset in the world. The cryptocurrency reached a price of $94,311, marking a 6.63% increase in…

$635M liquidated in 24H as trader predicts $100K Bitcoin short squeeze

Crypto markets have faced a wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. Most of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders. Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC surged past $94,000, marking a 6.29% gain within one day, according to CoinGlass data. Ether (ETH) followed, with over $109 million in short liquidations as its price climbed nearly 10% to $1,787. Data from…

XRP, Pi Network prices jump with Bitcoin nearing $95k

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XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP’s ETF prospects and Pi Network’s mainnet progress. The crypto market is showing early signs of recovery, with Ripple’s XRP (XRP) up 8.83% and Pi Network’s PI (PI) token gaining 6.5% on Wednesday, as Bitcoin (BTC) continues its climb toward the $95,000 level. Part of the renewed attention around XRP may relate to recent comments from Teucrium CEO Sal Gilbertie, who spoke with Bloomberg about the token’s real-world applications. Calling XRP a coin with the “most utility…

Whales Continue to Accumulate Ethereum, ETH Rally Ahead?

Key Notes ETH surged to $1,787, gaining 13% in just 24 hours. A whale who lost $40 million on April 9 returned to accumulate nearly 20,000 ETH. Spot Ether ETFs saw a $38.74 million inflow, ending a 10-day drought. Early on April 23, Ethereum ETH $1 793 24h volatility: 10.9% Market cap: $216.19 B Vol. 24h: $27.62 B recorded a 13% daily surge in its value, trading around $1,787 at the time of writing. The rally has pushed its 24-hour trading volume up by 73%. This surge comes as whale…