Author: boss

Hope For Iran Deal Sparks Risk-On Rally, Bitcoin Nears $75K

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A wave of forced liquidations swept through crypto markets on Tuesday as traders who had bet against Bitcoin and Ether were caught off guard by a sharp price surge tied to hopes of a US-Iran agreement. Related Reading Around 80% of the $530 million in total liquidations over 24 hours — roughly $425 million — came from leveraged short positions in the two largest cryptocurrencies. Bitcoin touched just under $75,000 on CoinMarketCap, a level not seen in nearly a month, before running into heavy resistance and retreating to about $74,655.…

Deutsche Börse to Invest $200M in Kraken’s Parent Company for 1.5% Stake

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Deutsche Börse said Tuesday it will invest $200 million in Payward, the parent company of crypto exchange Kraken, deepening a partnership between the two companies as the German exchange operator expands further into digital assets. The investment, which is subject to regulatory approval and is expected to close in the second quarter, will give Deutsche Börse a 1.5% fully diluted stake in Kraken through a secondary share purchase. The investment is another sign of growing interest in the cryptocurrency industry from traditional finance (TradFi) institutions. The deal is part of…

Colombia’s Petro Forced to Seek Congressional Approval for Gambling VAT After Courts Block Emergency Decrees – iGaming Bitcoin News

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Key Takeaways: Colombia’s Constitutional Court blocked Petro’s $3.1 billion emergency tax decree on April 9. Fecoljuegos reported a 30% online GGR drop after the 19% VAT was introduced in February 2025. Decree 0240 named crypto deposits as taxable for the first time under Colombian law. 13 Months of Executive Decrees End With a Constitutional Wall The court ruled that Decree 1390, signed by Petro’s full cabinet last December, exceeded the president’s constitutional powers. Magistrate Carlos Camargo Assís, who authored the lead opinion, called the move an “affront to the operation…

XRP Sentiment Is Sitting At Levels That Have Led To A Price Rally, But Is This Time Different?

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XRP sentiment among retail investors has declined to severe lows as fear and doubt continue to plague the market. The cryptocurrency has seen continuous declines in its price since reaching a high above $3 in 2025. This poor performance has triggered rapid sell-offs and weakened XRP’s market structure to the point that its short-term direction remains uncertain. Nevertheless, new reports suggest that XRP is now sitting at sentiment levels that previously preceded massive price rallies. If historical trends repeat perfectly, the cryptocurrency could be gearing up for a highly anticipated…

Nauru Appoints Dadvan Yousuf Trade Commissioner for Crypto Push

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Nauru has appointed crypto entrepreneur Dadvan Yousuf as an international trade commissioner to help advance its digital asset strategy and attract global investment.    In a statement on Tuesday, President David Adeang said the appointment is part of the Pacific nation’s efforts to strengthen international partnerships and position itself as a hub for virtual asset activity. The government said Yousuf will support cross-border engagement with virtual asset service providers, financial institutions and technology firms. The move comes less than a year after Nauru passed legislation establishing the Command Ridge Virtual Asset…

Y Combinator Makes First All-Stablecoin Startup Investment – Crypto News Bitcoin News

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Key Takeaways: Y Combinator invested $500,000 USDC in Totalis via Solana, marking its first all- stablecoin deal. 3 onchain transfers of $1, $124,999, and $375,000 settled in seconds, showing faster startup funding vs banks. YC’s USDC move signals growing onchain capital trends, with more deals likely ahead. YC Funds Startup Entirely in USDC in Industry First Y Combinator has completed its first investment fully settled in stablecoins, backing prediction-markets startup Totalis with $500,000 in USDC, underscoring the growing role of blockchain-based funding. The Silicon Valley accelerator said the investment was…

Bitcoin ETFs Post $291M Outflows as BTC Tops $74K

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US-listed spot Bitcoin exchange-traded funds (ETFs) clocked a day of outflows on Monday despite BTC surging above $74,000. Spot Bitcoin (BTC) ETFs recorded $291 million outflows on Monday, the largest daily outflow since March 27, according to SoSoValue data. The selling largely came from the Fidelity Wise Origin Bitcoin Fund (FBTC), which led the outflows at $229 million, according to Farside data. As Bitcoin rose by about 5% on Monday to reach four-week highs near $75,000, the outflows interrupted what had otherwise been a firmer stretch for US Bitcoin ETFs,…

Crypto Market Cap Hits $2.6 Trillion as Bitcoin Eyes $75K Amid Hormuz Standoff – Markets and Prices Bitcoin News

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Key Takeaways: The crypto market cap hit $2.6 trillion on April 14 as bitcoin reached a session high of $74,959. A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers. Rising tensions after a U.S. blockade of the Strait of Hormuz may force a reaction from China next. Bitcoin Leads the Charge The crypto economy’s market capitalization topped $2.6 trillion early Tuesday, April 14, as both bitcoin and altcoins shrugged off geopolitical tensions to post significant gains. According to daily chart data, the market…

Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm

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Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. Summary Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC. The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business. The Liberal Democrats sent a…

Relm Insurance Launches Crypto and Cannabis Kidnap Coverage – Crypto News Bitcoin News

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Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a 10% mitigation allowance for proactive training and 24/7 access to security directors. Relm Responds to Targeted Threats in Frontier Industries Bermuda-based Relm Insurance has launched a specialized kidnap and ransom (K&R) insurance product tailored for the Web3 and cannabis sectors. The move marks a shift in the specialty insurance market, addressing a new…