Solana whales have sold nearly $50 million of recently unlocked tokens. Solana whales have offloaded their tokens to cash in on gains from a staking play that began four years ago. In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million. The stake was unlocked on April 4,...Continue Reading
Bitcoin bulls aim to hold the $80,000 level to prevent BTC from following the record-breaking losses seen across US equities markets. Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro...Continue Reading
FDUSD depegged after Justin Sun accused First Digital of insolvency, but the firm has since redeemed nearly $26 million in stablecoins. First Digital Trust (FDT) has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun. First Digital USD...Continue Reading
In an exclusive interview, Hut 8 CEO Asher Genoot reveals how the Trump-backed American Bitcoin venture is aiming to dominate US mining and ultimately take its vision public. Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its...Continue Reading
Ethereum saw $3 trillion worth of stablecoin transactions and an all-time high in stablecoin addresses despite Ether’s 45% price decline. Despite a $30 billion surge in stablecoin supply to new record levels, cryptocurrency investors remained cautious as they awaited market stability amid US tariff fears. The total stablecoin supply rose by more than $30 billion...Continue Reading
CLS Global is one of the “victims” of the FBI’s trap token NexFundAI, alongside Hong Kong-linked ZM Quant Investment and Russia-linked Gotbit Consulting. Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global. A federal court in Boston on April 2...Continue Reading
Over $21 million in Bitcoin was unstaked from Babylon as early users claimed 600 million BABY tokens in the platform’s latest airdrop. Update April 4, 10:40 am UTC: This article has been updated to insert comments from Bitlayer co-founder Kevin He. More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in...Continue Reading
“It will take a decade for the US to catch up with cutting-edge chip manufacturing,” Braiins chief marketing officer Kristian Csepcsar said. The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive. While the US is home...Continue Reading
The growing BTCFi sector and potential interest rate cuts on the horizon may create more demand for Bitcoin as a productive, yield-bearing asset. The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset,...Continue Reading
Players have discovered another secret location Fortnite that looks loosely similar to a Bitcoin mining farm — prompting a small spike in an unaffiliated memecoin. Online battle royale shooter Fortnite has just added a new secret “Dill Bits” server mine location to its latest map update — prompting a small spike in an otherwise obscure...Continue Reading
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