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Avalanche-powered Axiym bets on money services businesses
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...
Published on: April 24, 2025 | Source:
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Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signals
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:...
Published on: April 24, 2025 | Source:Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities
Ondo Finance and legal counsel from Davis Polk & Wardwell met with the US Securities and Exchange Commission’s Crypto Task Force on April 24 to discuss regulatory pathways for tokenized versions of publicly traded US securities, according to a memorandum reviewed by the agency’s staff. The meetings focused on structuring options and regulatory considerations for […] The post Ondo meets with SEC Crypto Task Force to...
Published on: April 24, 2025 | Source:Bitcoin Shrugs Off Growing Rate Cut Hopes as Stocks Climb
U.S. President Donald Trump meanwhile continued his tough talk on China.
Published on: April 24, 2025 | Source:Global Tokenized Real Estate Market Could Explode to $4T by 2035, Deloitte Forecasts
Moving loans, funds and land ownership on-chain could reshape private real estate markets, the report said.
Published on: April 24, 2025 | Source:Cantor Equity Stock Surges 134% Ahead of Planned Merger for $3.9 Billion Bitcoin Company
Shares of Cantor Equity Partners have soared ahead of its planned merger to launch a new Bitcoin company called Twenty One.
Published on: April 24, 2025 | Source:Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correction
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....
Published on: April 24, 2025 | Source:Bitcoin tests key threshold as short-term holders cash out and institutions buy in
Bitcoin (BTC) rose to $94,300 this week and is now testing a pivotal price level as short-term holders begin to realize profits and institutional interest strengthens, creating a “decision point” moment for the market. According to a report from Glassnode on April 24, BTC’s price hike momentarily broke above the Short-Term Holder (STH) Cost Basis, […] The post Bitcoin tests key threshold as short-term holders cash out...
Published on: April 24, 2025 | Source:Myriad Moves: Predictions on Trump Tariffs, the Canadian Election, Next Pope and More
Follow what's happening on Myriad Markets' most popular prediction markets, from the Canadian election to the next pope.
Published on: April 24, 2025 | Source:Crypto startups no longer welcome in Nvidia’s accelerator program
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...
Published on: April 24, 2025 | Source:El Salvador's Top Crypto Regulator Meets With U.S. SEC: 'It Was Very Refreshing'
El Salvador’s CNAD met up with the SEC’s Crypto Task Force on April 22.
Published on: April 24, 2025 | Source:Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works
The former fund executive who became a U.S. senator from Pennsylvania this year, Dave McCormick, is BTC's biggest investor in Congress at the moment.
Published on: April 24, 2025 | Source:Ethereum sees record single-day inflow with 449K ETH in accumulation addresses
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...
Published on: April 24, 2025 | Source:Swiss crypto advocates urge central bank to add Bitcoin to national reserves
A coalition of crypto advocates in Switzerland is campaigning for the Swiss National Bank (SNB) to diversify its foreign reserves by acquiring Bitcoin (BTC), citing concerns about overreliance on traditional currencies and political exposure. Reuters reported that the campaign was launched in December as a constitutional referendum initiative and aims to legally require the SNB […] The post Swiss crypto advocates urge...
Published on: April 24, 2025 | Source:Elon Musk: Tesla to Launch Robotaxi Service in Austin by June
Tesla plans to start rolling out its robotaxi service, and says it will begin manufacturing driverless "Cybercabs" in Texas next year.
Published on: April 24, 2025 | Source:Bitcoin-Friendly El Salvador Pitches Tokenized Real Estate 'Sandbox' to Trump's SEC
The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and El Salvador regulators.
Published on: April 24, 2025 | Source:SoftBank Is Buying Bitcoin Again, After $130M Loss in 2018. Is This Time Different?
SoftBank returns to crypto years after founder Masayoshi Son lost $130M on bitcoin.
Published on: April 24, 2025 | Source:PayPal and Coinbase deepen alliance to boost PYUSD adoption
PayPal and Coinbase have announced an expanded partnership to accelerate the adoption and real-world utility of PayPal USD (PYUSD), according to an April 24 press release. The initiative marks a deeper integration between two of the largest names in payments and crypto, as they collaborate to build infrastructure for stablecoin-driven commerce. Payments and DeFi innovation […] The post PayPal and Coinbase deepen...
Published on: April 24, 2025 | Source:SEC task force met with Trump-supporting firms to discuss crypto regulation
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...
Published on: April 24, 2025 | Source:Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gap
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...
Published on: April 24, 2025 | Source:Tether takes larger stake in Juventus, triggering fan token surge
Stablecoin issuer Tether has raised its stake in Juventus Football Club to 10.12% of issued shares, which gives it 6.18% of the club’s voting rights. Following the news, Juventus’s crypto fan token, JUV, jumped over 10% to a two-month high of $1.08, according to CryptoSlate’s data. Meanwhile, other fan tokens also benefited from the momentum. […] The post Tether takes larger stake in Juventus, triggering fan token...
Published on: April 24, 2025 | Source:Bitcoin rebounds as bulls eye $100K and bears scramble to cover short positions
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...
Published on: April 24, 2025 | Source:Strategy Stock Could Climb as New Rival Twenty One Validates Its Bitcoin Strategy
TD Cowen says launch of Twenty One could shift institutional sentiment and validate MSTR’s long-term bitcoin strategy.
Published on: April 24, 2025 | Source:Chicago Mercantile Exchange Group to launch XRP futures
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...
Published on: April 24, 2025 | Source:China denies trade talks, 21 Capital to buy 42K BTC, TRUMP pumps on dinner prize
China denies trade talks, 21 Capital to buy 42K BTC, TRUMP pumps on dinner prize. - FOMO HOUR EP343 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to...
Published on: April 24, 2025 | Source:Coinbase Introduces Free Conversion for PayPal's PYUSD as Stablecoin Competition Intensifies
The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.
Published on: April 24, 2025 | Source:CME Group eyes May launch for XRP futures product
CME Group is preparing to roll out XRP futures on May 19, pending regulatory approval. According to an April 24 statement, the product will feature two contract sizes, including one tied to 2,500 XRP and another to 50,000 XRP. These contracts are designed to accommodate varying investment strategies. They will be cash-settled and benchmarked against […] The post CME Group eyes May launch for XRP futures product...
Published on: April 24, 2025 | Source:Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelity
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...
Published on: April 24, 2025 | Source:'Peaky Blinders' TV Show Is Getting a Crypto Game in 2026
Anonymous Labs, which launched the Simon’s Cat meme coin, is developing a licensed blockchain game based on hit TV show Peaky Blinders.
Published on: April 24, 2025 | Source:Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange
The suit named a host of other celebrity promoters, including baseball player Shohei Otani, comedian Larry David, and model Gisele Bundchen.
Published on: April 24, 2025 | Source:Stablecoin Legislation Must Ensure Financial Privacy
Lawmakers designing stablecoin legislation must ensure that anti-money laundering measures don’t open the door to unfettered financial surveillance of stablecoin users, says Cato Institute’s Jennifer J. Schulp.
Published on: April 24, 2025 | Source:Bitcoin 'short squeeze' or $87K dip next? BTC price predictions vary
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...
Published on: April 24, 2025 | Source:Shaquille O’Neal settles lawsuit over FTX endorsements amid ongoing bankruptcy drama
NBA Champion Shaquille O’Neal has reached a confidential settlement with a group of investors who sued him over his role in promoting the now-defunct crypto exchange FTX. A court filing submitted on April 23 revealed that both parties have reached a proposed resolution and will now seek court approval to move forward. The agreement, signed […] The post Shaquille O’Neal settles lawsuit over FTX endorsements amid ongoing...
Published on: April 24, 2025 | Source:Crypto for Advisors: Crypto — No Longer the Wild West?
Crypto has evolved from a speculative bet to a strategic asset that now plays a credible role in institutional portfolios. It’s not the Wild West anymore.
Published on: April 24, 2025 | Source:Angels from Citadel, Jane Street, JPMorgan back $20M raise for Theo network
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...
Published on: April 24, 2025 | Source: