Month: April 2025

WazirX confirms restart on track as it awaits sanction hearing in May

Indian crypto exchange WazirX, which was hacked for $234 million last July, says it is on track to restart its operations pending a May 13 court decision on its restructuring proposal and user compensation plan.  If Singapore’s High Court gives the nod, WazirX parent company Zettai PTE Ltd can restart the exchange and begin its compensation scheme for affected users within 10 business days, WazirX said in an April 21 update to X. WazirX lost $234 million of crypto from a Safe Multisig wallet mid-July 2024 in an attack since…

Bitcoin Price Continues Higher—Momentum Signals More Room to Run

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 price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term. Bitcoin found support at…

A step-by-step guide for beginners

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Key takeaways Staking Solana allows you to earn passive income through staking rewards while participating in network governance. There is no minimum requirement for staking Solana, but the practical minimum is around 0.01 SOL. All you need to start staking Solana is a SOL-compatible wallet. Staking is considered one of the safer ways to participate in crypto ecosystems. Solana is a blockchain network known for its fast transaction speeds and extensive ecosystem of decentralized applications (DApps). It also combines the proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms, allowing you to…

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply.  Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin’s Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply. Source: John Patrick Mullin Mullin said it was a “first step in rebuilding trust with…

$5 Prediction As Whales Take Out Millions

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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…

Cardano Breaks Out Of Triangle—27% Surge Incoming?

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An analyst has pointed out how Cardano is currently breaking out of a Triangle pattern, a signal that could be bullish for ADA’s price. Cardano Has Surged Beyond Triangle Resistance Line In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the hourly price of Cardano. The pattern in question is a Triangle, which forms when an asset consolidates between two converging trendlines. The upper trendline is likely to act as a source of resistance in the future, while the lower…

U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on Horizon

Bitcoin is the crypto sector’s top asset and is also universally defined by U.S. regulators and courts as a commodity, putting it under the jurisdiction of the Commodity Futures Trading Commission. That agency is now seeking public comments on whether it should open the wider world of derivatives to around-the-clock trading, as already executed for bitcoin and other digital assets. Though the CFTC is expected to be established as a crypto market regulator in Congress’ ongoing effort to establish industry rules, the agency’s invitation for comments issued on Monday doesn’t…

Paul Atkins, nominated by Trump, has been sworn in as SEC chair

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Paul Atkins has officially been sworn in as the 34th chairman of the Securities and Exchange Commission. The April 21 announcement comes nearly two weeks after Atkins’ position was confirmed by the US Senate in a 52-44 vote on April 9. “I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” Atkins said in a statement. “As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its…

Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners

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Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.com data compiled by Wolfie Zhao, hashprice temporarily fell below $40 per petahash per second in early April, […] Original

Over 1,300 Economists Condemn Trump’s Tariffs as Economic Folly

A coalition of over 1,300 economists—including Nobel laureates and former policymakers—has publicly denounced the Trump administration’s 2025 tariff policies as reckless, harmful, and historically misguided. Trump’s Tariffs Face Elite Academic Rebuke In a sweeping condemnation of U.S. trade policy, more than 1,300 economists have signed the “Anti-Tariff Declaration,” a public statement opposing the Trump administration’s […] Source CryptoX Portal