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Telegram vows to exit markets over encryption backdoor demands

Telegram founder Pavel Durov has criticized the French government for attempting to ban encryption, calling it a serious threat to digital privacy. In an April 21 statement on X, Durov revealed that French lawmakers nearly passed a bill last month that would have forced messaging apps to include backdoors that would give law enforcement agencies [โ€ฆ] The post Telegram vows to exit markets over encryption backdoor...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Investors sue Meteora and VC firm, alleging fraud

A group of investors has filed a class-action lawsuit against decentralized cryptocurrency exchange Meteora, alleging the firm was involved in manipulating the launch and market price of the M3M3 token.In an amended complaint filed on April 21 in the US District Court for the Southern District of New York, the plaintiffs allege that venture capital firm Kelsier Labs, Meteora, and four current or former executives โ€œ...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Can Bitcoin Benefit From Trump Firing Powell? Turkey's Lira Crisis May Provide Clues

Turkey's President Erdogan's experience with central bank interference serves as a warning, as it led to a currency collapse and increased investment in bitcoin and stablecoins.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Decoupling? BTC Rises as Equity Markets Swoon

Trumpโ€™s rhetoric is weakening the greenback, according to one analyst.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Strategy Bitcoin purchases show minimal effect on BTC price

Weekly Bitcoin (BTC) purchases by Strategy have little to no measurable effect on BTCโ€™s market price, according to VanEckโ€™s head of digital assets research Matthew Sigel. Sigel pointed out that Strategy-related only accounted for 8.4% of average weekly volume, a figure skewed by four weeks where purchases exceeded 20%. However, Strategy represented just 3.3% of [โ€ฆ] The post Strategy Bitcoin purchases show minimal...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Holding Near $87k While Stocks Slump a 'Strong Sign' of Maturing BTC Sentiment

The top cryptocurrency has never held so well with volatility being so high, according to macroeconomic expert Lawrence McDonald.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Upexi shares skyrocket over 600% after revealing Solana treasury strategy

Upexi Inc.โ€™s shares soared more than 630% on April 21 after the Nasdaq-listed company announced plans to build a Solana (SOL)-based crypto treasury using newly raised funds. The $100 million private investment in public equity (PIPE) was anchored by GSR, a leading crypto trading and investment firm, and included backing from Maelstrom Capital, Delta Blockchain [โ€ฆ] The post Upexi shares skyrocket over 600% after...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

More than 70 US crypto ETFs await SEC decision this year โ€” Bloomberg

More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins to memecoins to derivatives instruments. โ€œEverything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,โ€ Balchunas said in...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Incoming SEC Chair to Weigh More Than 70 Crypto ETF Filingsโ€”Including Solana and XRP

Spot crypto ETFs are currently limited to Bitcoin and Ethereum in the U.S., but analysts expect new approvals this year.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Zora faces backlash over token supply control and โ€˜for funโ€™ label

Zora recently announced its intent to launch a ZORA token, but its plans have faced criticism after it was revealed that 65% of the tokenโ€™s supply is allocated to the team, treasury, and early investors, despite the tokenโ€™s official documentation describing it as โ€œfor fun only.โ€ According to Zoraโ€™s publicly available supply breakdown, ZORA will [โ€ฆ] The post Zora faces backlash over token supply control and โ€˜for funโ€™...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Vitalik Buterin Proposes Replacing Ethereumโ€™s EVM With RISC-V

Buterin argues that transitioning Ethereum to the open-source RISC-V architecture will โ€œgreatly improve the efficiency of the Ethereum execution layer.โ€

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

The GPT Gold Rush Is Failing Crypto Traders

Crypto traders donโ€™t need another ChatGPT wrapper. They need battle-tested copilots built for the thrill of the trade.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Shorts Get Rekt as Bitcoin Rises Following Trump Attack on 'Loser' Fed Chair

Bitcoin topped $88,000 at one point Monday, its highest point since late March, before losing some ground.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

SEC reviewing 72 crypto-related ETF applications, including derivatives as of April 21

The US Securities and Exchange Commission (SEC) is currently reviewing 72 crypto-related exchange-traded fund (ETF) filings, according to data shared by Bloomberg senior ETF analyst Eric Balchunas on April 21. The filings cover assets ranging from XRP, Litecoin (LTC), and Solana (SOL) to memecoins like Dogecoin (DOGE) and themed funds linked to internet culture, such [โ€ฆ] The post SEC reviewing 72 crypto-related ETF...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Nasdaq-listed Upexi shares up 630% after $100M raise, SOL treasury

Upexi, a brand owner that specializes in supply chain management, is diversifying into the cryptocurrency sector. On April 21, the company announced a $100 million raise, with over 90% earmarked for building a Solana (SOL) treasury strategy.After the announcement, shares of Upexi have skyrocketed from a $2.30 close on April 17 to $16.79 at this writing, marking a 632% jump for the day.UPXI intraday performance on the...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

SEC Still Plans on Charging Miami Crypto Companyโ€”But It's Vowing to Fight Back

Miami-based Unicoin was given until April 18 to agree to a settlement with the SEC. CEO Alex Konanykhin plans to fight the charges in court.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Consensys, Solana, Uniswap CEO donated to Trump's $239M inauguration fund

New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trumpโ€™s inauguration fund after the results of the 2024 election.According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Strategyโ€™s Bitcoin Buying Spree Has Minimal Impact on Prices, TD Cowen Says

TD Cowen analysts evaluated the Strategyโ€™s treasury activity against bitcoin trading volume and price action over the past six months.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

WazirX exchange sets sights on mid-May comeback amid legal deliberations

Indian crypto exchange WazirX is preparing to resume operations by mid-May 2025, according to an update shared on April 21. The exchange confirmed it is on track to relaunch within the previously announced Aprilโ€“May timeframe, pending a final court decision in Singapore. WazirX revealed that its parent company, Zettai, has completed all preliminary requirements. The [โ€ฆ] The post WazirX exchange sets sights on mid-May...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

5 Ways the SEC Can Embrace Innovation

Tuongvy Le, a former senior SEC attorney, lays out an agenda for the worldโ€™s most important regulator to stay ahead of the competition. One approach: adopting blockchain tech.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin price tops $88.5K as BTC doubles down on stocks decoupling

Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated.BTC/USD 1-day chart. Source: Cointelegraph/TradingViewTrade war reactions fuel BTC price gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD matching month-to-date highs above $88,000.Bitcoin continued higher after the weekly close to catch up with gold as the latter set fresh...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Is ETH Still Special?

Andy Baehr, Head of Product at CoinDesk Indices, says ETH has yet to find a โ€œgrowth storyโ€ this cycle. Among the CoinDesk 20, it sits in 16th place YTD.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

GSR Anchors $100M Investment in Upexi to Purchase SOL, Stock Rockets 700%

Upexi will use the capital to build a treasury model centered on solana staking, with GSR leading the private placement.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Strategy Boosts Bitcoin Holdings Above $47 Billion With Latest Buy

The company has purchased Bitcoin consistently since mid-March, despite uncertainty weighing on markets.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Unlocking the potential of dormant Bitcoin in DeFi

Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAOBitcoin is the principal asset of the cryptocurrency world and even one of the worldโ€™s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year.This idle Bitcoin has an enormous...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoiner PlanB slams ETH: โ€˜Centralized & preminedโ€™ shitcoin

Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the projectโ€™s co-founder, Vitalik Buterin.PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F โ€œis really not looking good now.โ€ PlanB responded with a new posting stating, โ€œEthereum is really not looking good now.โ€Source: PlanBIn his response to Buterinโ€™s criticism from years ago, PlanB...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum L2 Base Launchpad Zora Announces TGE Amid Jesse Pollak 'Content Coin' Campaign

Last week Jesse Pollak started creating โ€˜content coinsโ€™ on Base social media platform Zora. Now itโ€™s launching a token amid some raised eyebrows.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Bitcoin longs cut $106M โ€” Are Bitfinex BTC whales turning bearish above $86K?

Despite Bitcoinโ€™s (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a price correction or, at the very least, are not confident in further short-term gains. Letโ€™s look closer at whether...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Illegal Crypto Mining โ€˜Powerful Toolโ€™ for Cybercrime Syndicates: UN Report

Crypto is helping to fuel transnational organized crime, according to a new report from the United Nations Office on Drugs and Crime.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

Bitcoin rallies past $87k as Metaplanet and Strategy purchase 6,856 BTC worth almost $600M

Bitcoinโ€™s rally past $87,000 comes amid reignited aggressive buying from institutional players. On April 21, Japan-based Metaplanet and US firm Strategy (formerly MicroStrategy) both disclosed major Bitcoin acquisitions, adding a combined total of nearly 7,000 BTC to their corporate reserves. This move signals their continued confidence in Bitcoin as a hedge against inflation and monetary [โ€ฆ] The post Bitcoin rallies...

Published on: April 21, 2025 | Source: CryptoSlate favicon CryptoSlate

El Salvador works with Nvidia to develop sovereign AI infrastructure

El Salvador, the first country in the world to adopt Bitcoin as legal tender, is working with the computer chip giant Nvidia to implement artificial intelligence for national development.El Salvador signed a letter of intent to collaborate with Nvidia on โ€œsovereign AI to drive innovation and economic growth,โ€ the National Bitcoin Office (ONBTC) of El Salvador announced on X on April 21.As part of the collaboration, El...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

CZ receives fake โ€˜Grokโ€™ coins amid new wave of Elon Musk scam tokens

Scammers are once again capitalizing on the popularity of Elon Muskโ€™s artificial intelligence chatbot Grok, with fake tokens again emerging as part of potential phishing attacks.A wallet linked to former Binance CEO Changpeng โ€œCZโ€ Zhao received 90 million fake Grok (GROK) tokens on April 21, according to blockchain security firm PeckShield.The tokens are โ€œlikely a scam,โ€ since the โ€œdeployer distributed it to multiple...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Price Touches $87K for First Time Since Trump's Liberation Day

After Liberation Day, "key market sentiment indicators such as the Fear & Greed Index and S&P 500 RSI(14) formed a bottom," an analyst told Decrypt.

Published on: April 21, 2025 | Source: Decrypt favicon Decrypt

CoinDesk 20 Performance Update: NEAR Gains 11.7%, Leading Index Higher Over Weekend

Aptos (APT) joined NEAR Protocol (NEAR) as a top performer, gaining 8.7% from Friday.

Published on: April 21, 2025 | Source: CoinDesk favicon CoinDesk

Circle, BitGo about to apply for bank charters, others may follow: WSJ

Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses.According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and others are considering applying for some form of banking license. Other firms cited include the publicly traded US-based crypto exchange Coinbase and the...

Published on: April 21, 2025 | Source: Cointelegraph favicon Cointelegraph