In a crypto market review released on April 16, asset manager Bitwise described Q1 2025 as “the best worst quarter in crypto’s history.” It was a “frustrating” period for the industry, said the firm’s chief investment officer, Matt Hougan. Q1 has been historically positive with the first pro-crypto US president taking office, the creation of a […]
Panama City’s council is all set to accept cryptocurrency payments for taxes, fees, tickets, and permits. The decision, announced on April 16th, marks a significant step in Panama’s integration of digital currencies into everyday public services. The city will initially accept major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), as well as stablecoins like USD […]
OKX announced on Tuesday that it is reopening its U.S. crypto exchange and introducing a new Web3 wallet for American users. The move follows a $505 million deal with the U.S. Department of Justice (DOJ) earlier this year. The Launch Details “We’re officially launching in the U.S. with our centralized exchange and powerful multi-chain Web3 […]
After suffering a devastating 90% plunge a few days ago, Mantra (OM) is staging a partial rebound. CEO John Patrick Mullin has pledged to burn his entire team’s token allocation, worth hundreds of millions of dollars, as a bold move to win back community trust following a massive liquidation event that rattled the ecosystem. A […]
On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have never been at risk. “The ZKsync […]
The current Bitcoin cycle feels unusually subdued compared to previous bull runs. Despite price appreciation, the level of excitement and retail participation remains muted. CryptoQuant believes that an important on-chain metric underlines this shift – the percentage of BTC held for one week to one month is significantly lower than in past cycles. This suggests […]
For the third week in a row, digital asset investment products saw significant outflows, which amounted to $795 million, as the impact of the tariff issues continues to weigh on the sector. This has led to a record $7.2 billion in outflows since February, nearly wiping out all YTD inflows and leaving only $165 million. […]
On April 14, the Securities and Exchange Commission delayed its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF. In February, the New York Stock Exchange filed a proposed rule change on behalf of Grayscale that would permit staking for the products. However, the regulator is not ready […]
Bob Bodily, co-founder of the Bitcoin-based trading platform Odin.fun, has revealed that a suspected hack compromised his account on the website, triggering a halt in trading and withdrawals. Following the incident, Odin’s Dog (ODINDOG), a meme coin native to the platform, saw its price crash by over 55% in the last six hours. The Hack […]
Metaplanet has once again reinforced its commitment to Bitcoin, acquiring an additional 319 BTC worth approximately $26.3 million at an average price of $82,549 each. This latest buy brings the company’s total Bitcoin holdings to 4,525 BTC, valued at about $386.3 million. Relentless Bitcoin Accumulation The publicly traded company listed on the Tokyo Exchange has […]