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522 articles
Crypto Market Wipeout: $500M Liquidated in 24 Hours!
In the past 24 hours, the crypto market saw $500 million in liquidations, with $300 million wiped out in just four hours. Major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA) were hit hard. The sell-off also slashed $200 billion from the market’s peak valuation, causing widespread volatility. This rapid downturn …
Qadir AK·3 Apr 20251 min
Short NewsBhutan Moves $32M in Bitcoin to New Address
Bhutan’s Royal Government recently transferred 377.78 BTC ($32 million) to a new wallet, bringing its total Bitcoin holdings to 8,594 BTC, now valued at $726 million. This move highlights the country’s continued involvement in crypto investments. Bhutan has been actively accumulating Bitcoin, signaling its strategic interest in digital assets. As institutional adoption grows, Bhutan’s Bitcoin …
Elena R·2 Apr 20251 min
When Will Crypto Market Go Back Up?
As of April 2, 2025, the cryptocurrency market remains volatile. Bitcoin is trading around $84,564, showing slight recovery from recent dips. Analysts are cautious due to the potential ‘death cross,’ where the 50-day moving average falls below the 200-day average, signaling possible downturns. Additionally, President Trump’s upcoming tariffs are causing market uncertainty, impacting risk assets …
Zafar Naik·2 Apr 20251 min
Jetking Strengthens Bitcoin Holdings with Equity Sale Approval
Jetking, a publicly listed Indian company, has approved an equity sale to expand its Bitcoin reserves. This move aligns with the growing trend of businesses adopting Bitcoin as a hedge against inflation and economic uncertainty. As institutional interest in crypto rises globally, Jetking’s decision signals confidence in Bitcoin’s long-term value. The move could encourage more …
Elena R·2 Apr 20251 min
Japan’s Banking Giant SMBC Plans Stablecoin Launch by 2026
Sumitomo Mitsui Financial Group, the parent company of Japan’s second-largest bank, SMBC, is stepping into the stablecoin space. The bank is collaborating with Ava Labs for blockchain infrastructure and Fireblocks for token management. Testing is set to begin in the second half of 2025, with a potential launch as early as next year. This move …
Elena R·2 Apr 20251 min
Franklin Templeton Eyes Bitcoin ETP Launch in Europe
Global asset manager Franklin Templeton, overseeing $1.5 trillion in assets, is considering launching a Bitcoin Exchange-Traded Product (ETP) in Europe. As institutional demand for digital assets grows, major financial firms are increasingly entering the crypto space. A Bitcoin ETP would provide investors with a regulated and convenient way to gain exposure to Bitcoin without directly …
Qadir AK·2 Apr 20251 min
VanEck Files for First BNB ETF in the U.S.!
VanEck has registered a Binance Coin (BNB) exchange-traded fund (ETF) in Delaware, marking its fifth crypto asset ETF filing in the state. This is the first attempt to launch a BNB ETF in the U.S. market. With this move, BNB joins Bitcoin, Ether, Solana, and Avalanche as cryptocurrencies with standalone ETF registrations by VanEck. As …
Elena R·2 Apr 20251 min
Short NewsMetaplanet’s Bitcoin Holdings Increase to 4,206 BTC
Metaplanet has again expanded its Bitcoin holdings, purchasing an additional 160 BTC for ¥1.9 billion. This latest buy brings its total Bitcoin stash to 4,206 BTC, with a total investment of ¥54 billion. The company continues to bet big on Bitcoin as part of its long-term strategy. With each new acquisition, Metaplanet strengthens its position …
Qadir AK·2 Apr 20251 min
Short NewsGrayscale Files for Crypto ETF – Will the SEC Approve?
Grayscale has officially filed an S-3 form with the U.S. SEC to register its Digital Large Cap Fund as an exchange-traded fund (ETF). This fund holds major cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. If approved, the ETF could open the door for greater institutional investment in crypto, making regulated exposure easier for big …
Qadir AK·1 Apr 20251 min