- Here’s what happened in crypto todayby Cointelegraph by Cointelegraph on April 24, 2025 at 10:10 pm
Today in crypto, the CME Group has announced plans to launch XRP futures contracts. Meanwhile, The Bitcoin Standard author and economist Saifedean Ammous suggested that President Donald Trump's reversal on tariffs may reflect concerns over rising bond yields. In other news, Strike founder Jack Mallers plans to challenge Michael Saylor’s Strategy. Chicago Mercantile Exchange Group to launch XRP futuresThe Chicago Mercantile Exchange (CME) Group, which operates the largest financial […]
- SEC delays decision on Polkadot ETFby Cointelegraph by Alex O’Donnell on April 24, 2025 at 10:10 pm
The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for a final ruling until June 11, nearly four months after the Nasdaq sought permission to list Grayscale Polkadot Trust on Feb. 24. Grayscale’s ETF filing adds to a roster of roughly 70 proposed ETFs awaiting SEC approval, […]
- Federal Reserve withdraws crypto guidance for banksby Cointelegraph by Brayden Lindrea on April 24, 2025 at 9:56 pm
The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current crypto-asset activities,” the Board of Governors of the Federal Reserve explained in an April 24 statement.Any crypto-related activities will now be monitored through the Federal Reserve’s normal […]
- White House receives over 10,000 comments on AI development planby Cointelegraph by Christopher Tepedino on April 24, 2025 at 9:28 pm
The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates.Among the stakeholders providing inputs were AI giants such as OpenAI, Meta, Amazon, Google, and Microsoft. In addition, organizations in academia, non-profits, and industry associations also took part in the discussion.A preliminary review of comments from major […]
- Avalanche-powered Axiym bets on money services businessesby Cointelegraph by Sam Bourgi on April 24, 2025 at 9:15 pm
Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph.Headquartered in Dubai, United Arab Emirates, Axiym disclosed on April 24 that it has processed more than $132 million in cumulative volume on the Avalanche blockchain.The platform uses Avalanche to deliver real-time credit and liquidity infrastructure to MSBs […]
- Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signalsby Cointelegraph by Marcel Pechman on April 24, 2025 at 9:05 pm
Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date.Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and permissionless financial system, but is that really the case?Source: X/0xMontBlancEther was one of the few major cryptocurrencies that did […]
- Ethereum's L2 approach equals many high-throughput chains — Avail execby Cointelegraph by Vince Quill on April 24, 2025 at 8:55 pm
Ethereum's focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail, a unified chain abstraction solution.In an interview with Cointelegraph, Arjun acknowledged that Ethereum and high-throughput competitors with monolithic architecture are fundamentally different products. However, Ethereum's choice to scale […]
- Securitize, Mantle launch institutional crypto fundby Cointelegraph by Alex O’Donnell on April 24, 2025 at 8:20 pm
Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said. Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Solana (SOL), as well as stablecoins tracking the US dollar, Securitize said in an April 24 […]
- Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correctionby Cointelegraph by Biraajmaan Tamuly on April 24, 2025 at 8:05 pm
Key Takeaways:The Bitcoin long-term holder cohort saw a $26 billion value increase as BTC price surged to $94,900.Short-term holders sold at a loss in early April.Bitcoin’s 30% correction lines up with historical cycles, and BTC could find support in the $88,750 and $91,000 zone. Bitcoin (BTC) long-term holders (LTHs) significantly increased their collective wealth in April as BTC price surged from $74,450 to $94,900. According to data from CryptoQuant, the long-term holders (LTHs) realized […]
- Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud caseby Cointelegraph by Turner Wright on April 24, 2025 at 8:05 pm
Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene William Austin, also known as Hugh Austin, had been sentenced to 18 years in prison following his conviction on conspiracy to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit […]
- Crypto startups no longer welcome in Nvidia’s accelerator programby Cointelegraph by Christopher Tepedino on April 24, 2025 at 7:41 pm
Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant's global network of founders.According to the program website, crypto companies and four other types of businesses are excluded from participating in Nvidia's Inception: consulting and outsourced development firms, cloud service providers, resellers and distributors, and companies that are already public.Nvidia’s Inception […]
- Ethereum sees record single-day inflow with 449K ETH in accumulation addressesby Cointelegraph by Biraajmaan Tamuly on April 24, 2025 at 7:10 pm
Key Takeaways:Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22.Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes.Holders in accumulation addresses remain underwater with a realized price of $1,981. Over the past 10 days, Ethereum inflows into accumulation addresses reached their highest levels since 2018. On April 22, a record-breaking 449,000 Ether (ETH), valued at an average price of […]
- SEC task force met with Trump-supporting firms to discuss crypto regulationby Cointelegraph by Turner Wright on April 24, 2025 at 6:15 pm
The US Securities and Exchange Commission (SEC) crypto task force, headed by Hester Peirce, has continued meeting with digital asset company representatives as the agency explores regulatory changes.In an April 24 notice, the SEC task force disclosed a meeting with representatives from crypto firm Ondo Finance and the law firm Davis Polk and Wardwell to discuss “issuing and selling wrapped, tokenized versions of publicly traded US securities.” Ondo Finance donated $1 million to Donald […]
- Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gapby Cointelegraph by Sam Bourgi on April 24, 2025 at 5:51 pm
Cryptocurrency exchange Binance has introduced a new fund management solution designed to simplify asset management for portfolio managers, highlighting the growing sophistication of institutional tools in the digital asset space. On April 24, Binance launched Fund Accounts, a tool commonly used by traditional asset managers and brokerage firms to consolidate client assets and streamline portfolio management.Binance said Fund Accounts allow portfolio managers to “consolidate […]
- Bitcoin rebounds as bulls eye $100K and bears scramble to cover short positionsby Cointelegraph by Marcel Pechman on April 24, 2025 at 5:04 pm
Key takeaways: Bearish Bitcoin traders were caught off guard by BTC’s rally above $90,000.Spot volumes are driving the Bitcoin price rally.Derivatives positions with a bearish bias remain at risk of liquidation.Bitcoin (BTC) held above the $93,000 mark on April 24, suggesting a potential conclusion to the 52-day bear market that bottomed at $74,400. Although Bitcoin is beginning to show signs of decoupling from the stock market, professional traders have not altered their strategies, as […]
- Chicago Mercantile Exchange Group to launch XRP futuresby Cointelegraph by Vince Quill on April 24, 2025 at 4:37 pm
The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivatives exchanges worldwide, recently announced that XRP (XRP) futures contracts will go live on May 19.According to the April 24 announcement, investors have the option of choosing between micro-sized contracts, featuring 2,500 XRP, or standard contract sizes of 50,000 XRP. All XRP futures contracts will be cash-settled.In January 2025, the CME Group signaled an impending launch of XRP futures before quietly […]
- Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelityby Cointelegraph by Sam Bourgi on April 24, 2025 at 3:55 pm
Bitcoin reserves on cryptocurrency exchanges have dropped to their lowest level in more than six years, as publicly traded companies ramp up their accumulation of the digital asset following the US presidential election, according to Fidelity Digital Assets. “We have seen Bitcoin supply on exchanges dropping due to public company purchases — something we anticipate accelerating in the near future,” Fidelity reported on the X social media platform.Source: Fidelity Digital AssetsFidelity […]
- Bitcoin 'short squeeze' or $87K dip next? BTC price predictions varyby Cointelegraph by William Suberg on April 24, 2025 at 3:25 pm
Key points:Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price.That key level near $93,500 is the main target for traders hoping that BTC/USD will cement its latest breakout.The next support retest could involve $87,000, analysis suggests.Bitcoin (BTC) consolidated below a key resistance target on April 24 as a BTC price forecast brought sub-$90,000 levels into play.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewAnalyst: BTC price correction […]
- The hidden risk of updatable firmwareby Cointelegraph by Igor Zemtsov on April 24, 2025 at 3:00 pm
Opinion by: Igor Zemtsov, chief technology officer at TBCCCrypto security is a ticking time bomb. Updatable firmware might just be the match that lights the fuse.Hardware wallets have become the holy grail of self-custody, the ultimate safeguard against hackers, scammers and even government overreach. There’s an inconvenient truth, however, that most people ignore: Firmware updates aren’t just security patches. They’re potential backdoors, waiting for someone — whether a hacker, a […]
- Angels from Citadel, Jane Street, JPMorgan back $20M raise for Theo networkby Cointelegraph by Sam Bourgi on April 24, 2025 at 3:00 pm
Theo, a provider of onchain trading infrastructure, has raised $20 million from 17 investors to enhance its institutional-grade trading platform aimed at retail investors.The funding round was co-led by Hack VC and Anthos Capital, with additional participation from venture capital firms Manifold Trading, Miranda Ventures, Flowdesk, MEXC and Amber Group, Theo disclosed on April 24. Citadel, Jane Street, IMC and JPMorgan were listed as angel investors in the deal.Created by former quant traders, […]
- Tether boosts Juventus stake to 10% in latest strategic buyby Cointelegraph by Adrian Zmudzinski on April 24, 2025 at 2:59 pm
Tether Investments — the investment arm of leading stablecoin issuer Tether — acquired additional shares in Juventus Football Club.According to an April 24 announcement, with its latest investment, Tether brought its total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. The investment follows the firm’s initial acquisition of 8.2% of the issued shares.Tether's second Juventus investment announcement’s image. Source: […]
- How to set up and use AI-powered crypto trading botsby Cointelegraph by Callum Reid on April 24, 2025 at 2:44 pm
Key takeawaysAI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions.Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests.Bots can run 24/7, react to data instantly and are ideal for passive income seekers and active traders.While powerful, they’re not “set-it-and-forget-it” tools. You’ll need to monitor performance and tweak strategies over time.Understanding your […]
- Why is XRP price down today?by Cointelegraph by Nancy Lubale on April 24, 2025 at 2:29 pm
Key takeaways:XRP price drops 5% amid a marketwide correction.XRP Ledger Foundation spots a backdoor vulnerability in its code library.The 6% drop in open interest over the last 24 hours signals waning confidence. Over $11 million in long position liquidations liquidated.XRP (XRP) fell on April 24, down 5% in the last 24 hours to trade at $2.16, fueled by fundamentals, market dynamics, and technical factors.XRP/USD hourly chart. Source: Cointelegraph/TradingViewLet’s take a closer look at […]
- Serbia’s Prince Filip says Bitcoin is being stifled, expects huge rallyby Cointelegraph by Zoltan Vardai on April 24, 2025 at 1:45 pm
Bitcoin’s price trajectory may be suppressed ahead of its upcoming “omega candle” rally, according to Prince Filip Karađorđević, the hereditary prince of Serbia and Yugoslavia.In an April 24 interview with Simply Bitcoin, Filip said some market participants may be limiting Bitcoin (BTC) price action.“People are able to control the market to some extent,” he said. “Maybe that’s what acted on the 2021 market that suppressed its price from jumping high up. We could get that again […]
- How crypto payments can become the new ‘tap-and-go’ — Pulsar co-founderby Cointelegraph by Savannah Fortis on April 24, 2025 at 1:30 pm
What if paying with crypto was as easy and as fun as sending a meme on X?In the latest episode of The Clear Crypto Podcast, StarkWare’s Nathan Jeffay and Cointelegraph’s Gareth Jenkinson sit down with Stefana Banciu, growth lead at Pulsar Money, to explore how blockchain is bringing payments into the digital age, with speed, transparency and a dash of playfulness.Transforming Web3 paymentsBanciu lays out how Pulsar is pushing the frontier of Web3 payments with features like social transfers […]
- New Hampshire Bitcoin reserve bill heads to full Senate voteby Cointelegraph by Ezra Reguerra on April 24, 2025 at 1:21 pm
A bill that would allow New Hampshire to invest a portion of its state funds in digital assets and precious metals has advanced to a full Senate vote after passing a second committee.On April 23, House Bill 302 (HB 302) was reviewed in the second Senate committee and passed in a 4-1 vote.The legislation, introduced in January, cleared the New Hampshire House earlier this month in a 192–179 vote. It now faces a vote by the full Senate and, if approved, will require the governor’s signature […]
- Helium partners with AT&T to bring WiFi to thousands of US locationsby Cointelegraph by Adrian Zmudzinski on April 24, 2025 at 1:00 pm
The telecommunications decentralized physical infrastructure network (DePIN) project, Helium, partnered with US telcom giant AT&T to bring WiFi to its users.According to an April 24 announcement shared with Cointelegraph, as part of the partnership, AT&T customers can now connect to Helium’s community-built WiFi network. Helium Mobile data shows that the network includes over 93,500 hotspots, most of which are in the United States.Helium Network nodes map. Source: Helium WorldThe […]
- Asian firms ramp up Bitcoin buys: Metaplanet, HK Asia lead chargeby Cointelegraph by Amin Haqshanas on April 24, 2025 at 12:39 pm
Asian investment firms are stepping up their Bitcoin accumulation strategies, with Japan’s Metaplanet and Hong Kong’s HK Asia Holdings leading the way.Tokyo-based Metaplanet disclosed on April 24 that it acquired an additional 145 Bitcoin (BTC) for 1.9 billion Japanese yen (around $13.4 million), boosting its total holdings to 5,000 BTC.Metaplanet CEO Simon Gerovich confirmed the company had reached 50% of its initial goal of amassing 10,000 BTC by the end of 2025.Metaplanet CEO Simon […]
- Bitcoin's next big resistance is $95K— What will trigger the breakout?by Cointelegraph by Nancy Lubale on April 24, 2025 at 12:03 pm
Key takeaways:Spot Bitcoin ETF inflows are at their highest since January 2025.Inflows to exchanges down to levels last seen in December 2016.Bitcoin’s negative funding rates could set up a short squeeze.BTC price is above major moving averages, which can now provide support.Bitcoin’s (BTC) price rose to a new range high at $94,700 on April 23, its highest value since March 2.Several analysts said the next psychological resistance remains at $95,000, and the price might drop to test support […]
- Trump fought the bond market, the bond market won: Saifedean Ammousby Cointelegraph by Zoltan Vardai on April 24, 2025 at 10:57 am
Analysts are criticizing the financial implications of US President Donald Trump’s import tariffs, a development that some say highlights Bitcoin’s unique economic properties during times of global uncertainty.Trump’s 90-day pause on higher reciprocal tariffs, reverting them to a 10% baseline for most countries except China, has exposed vulnerabilities in the US bond market, according to critics.Economist and author of The Bitcoin Standard, Saifedean Ammous, said Trump’s decision to […]
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