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April 24, 2025 John D’Agostino, head of strategy for Coinbase’s institutional division, said sovereign wealth funds and other institutions are amassing large amounts of bitcoin (BTC) at the same time that retail investors, through the ETFs and spot exits the market. In a recent interview, the Coinbase executive compared Bitcoin to gold and said that…
On April 23, the Financial Times reported that Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chairman of brokerage Cantor Fitzgerald, is working with SoftBank Group, Tether, and the Bitfinex trading platform to create a bitcoin investment fund. The fund, called Cantor Equity Partners, plans to raise $3 billion worth of bitcoin through…
BlockBeats News – Today, April 22, Bitcoin’s market share (BTC.D) pulled up to 64.61%, a new high since February 2021, according to TradingView. Bitcoin’s high market share is a sign that the cottage market is quieting down, but it’s also a sign that a bottoming out is on the way. According to previous historical data,…
On April 21, Markus Thielen, Head of Research at 10x Research, said, “Bitcoin’s rise to $87,000 appears to have been driven by a combination of a sharp decline in the U.S. Dollar Index (down 0.7% against the euro) and a 2% rise in gold, both of which were triggered by news of Donald Trump’s push…
On April 20, top trader Eugene Ng Ah Sio posted on his personal channel that he was “long ETH for the first time since the beginning of January, and from a technical analysis point of view, ETH has been showing a solid and slow uptrend since the beginning of April, with a clearer trend. It…
On April 19th, according to on-chain data analysts, another 2.95 million MELANIA were sold for 9,009 SOLs ($1.2 million) seven hours ago by the project in the form of unilateral liquidity additions. Over the past three days, the MELANIA programmers have continued to transfer 7.643 million MELANIA (~$3.21 million) from liquidity to community addresses, and…
On April 18th, the Synthetix USD stablecoin sUSD became more unanchored, dropping 13.9% in 24 hours to $0.7038, with its market capitalization dropping to $22.96 million, according to ticker information. Previously, Synthetix founder Kain said that the sUSD anchoring fix was in transition, and that he had sold 90% of his ETH and added to…
On April 17th, Lybra Finance, the LSD stablecoin protocol, posted that in order to solve the eUSD liquidity problem, it has destroyed 63,000 peUSDs and unlocked a corresponding number of eUSDs through a configuration contract. unlocked eUSDs are now being sold on CowSwap at a fixed price of $1. The difference in price will be…
On April 16, QCP published its Daily Market Watch stating that the US demonstrated its strength and strategic brinkmanship by implementing shock and awe tactics through exaggerated tariff numbers. However, just as markets were preparing for the shock, the US government offered tariff exemptions and ‘invited’ China back to the negotiating table. Why the sudden…
On April 15, Tether announced a strategic investment in Fizen Limited, a fintech company focused on self-hosted crypto wallets and digital payments. The investment underscores Tether’s commitment to supporting innovative solutions that enhance financial accessibility and security in the digital asset ecosystem. Fizen provides advanced payment technology that facilitates seamless stablecoin transactions and makes digital…