Posts

Showing posts from April, 2025

BNB Chain Reports 58% Revenue Surge In Q1, Driven By Increased On-Chain Activity

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Strategy Reaches 553,555 Bitcoin after Latest Purchase

Image
The business-intelligence company now trading under the shorthand “ Strategy ” disclosed in a United States Securities and Exchange Commission filing on 28 April that it had bought 15,355 bitcoin during the previous week for about $1.42 billion. At the prevailing market price of roughly $95,000 per coin, the firm’s treasury comes to 553,555 BTC, valued at just over $52 billion, or about £41.5 billion. Stock Sales and Preferred Shares According to the filing, the latest tranche was financed through two at-the-market programmes that sold ordinary shares and a 10 per cent Series A perpetual preferred line. The combined offerings have raised more than $21 billion since October 2024, leaving only a small allocation still available. Strategy said the average price paid for the fresh coins was $92,737, pushing its overall average purchase cost to $68,459. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 202...

Polkadot Price Caught In A 5-Year Channel – Can It Finally Break Free?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

TRUMP Meme Coin Sparks Dump Fears With $19M Exchange Move Before Top Holders Dinner

Image
The TRUMP meme coin team has triggered alarm among investors after moving $19.6 million worth of tokens to major crypto exchanges, just days before a private dinner with Donald Trump for the token’s top 220 holders. Lookonchain’s on-chain data shows that the team sent 1.35 million TRUMP tokens to Binance, OKX, and Bybit in the past 24 hours. The deposits landed the same week that $300 million in TRUMP tokens are set to be unlocked. The team had previously told investors that the unlocked tokens would not be sold, but traders now fear a dump. Meanwhile, Democratic Senators Adam Schiff and Elizabeth Warren are calling for an ethics inquiry into the upcoming TRUMP dinner. TRUMP Meme Coin Deposits Made Same Week As Massive Unlocks The on-chain data cited by Lookonchain showed the majority of the tokens in the recent deposit were sent to Binance, with 700,000 TRUMP tokens sent to the leading centralized crypto exchange. Of the remaining tokens, 350,000 and 296,000 toke...

Temu adds 145% "Import Charges" After Trump Tariffs

Temu, a popular online Chinese e-commerce company, is adding “import charges” of around 145% after Trump’s tariffs, surging prices sitewide. Some of the fees range between 130% and 150%, more than doubling the cost of those items. The efforts are to counter the US’ tariffs against China that have sent prices for imports from the country sky-high. The e-commerce site warned earlier this month of counter-measures to tariffs that would hurt customers who turn to the site for cheaper products. JUST IN: Chinese company Temu known for its cheap prices adds import charges of up to 150% to counter US tariffs. pic.twitter.com/wIwUK2tiCC — Watcher.Guru (@WatcherGuru) April 28, 2025 The import charges can be seen on a wide range of products across Temu’s marketplace. For example, a summer dress sold on Temu for $18.47 will cost $44.68 after $26.21 in import charges are added to the bill, a 142% surcharge, a CNBC Analysis shows. A child’s bathing suit priced at $12.4...

Pepe Coin Price Prediction: What to Expect by May 1st, 2025

Image
The Pepe Coin price prediction for May 1st, 2025 is actually looking pretty good right now, with an expected increase to about $0.00001002, which represents around 12.58% growth. At the time of writing, this popular meme coin is trading at approximately $0.0058901 as of April 28, along with a market cap of $3.74 billion. This Pepe Coin price prediction May 1st Analysis comes while the token still maintains its position as #3 in the meme coin sector, even though there was a slight 24-hour decrease of 0.59%. Also Read: Trump Misleading on China Tariff Talks—Gold Price Dips Amid Chaos Is Pepe Coin Set for Growth by May 1st, 2025? Key Market Insights Source: Coin98 Insights Short-term Pepe Coin prediction data seems to indicate some gradual growth before May 1st arrives. For instance, April 29 could see a small 0.17% rise to around $0.0058916, while April 30 might actually bring a more substantial 5.60% increase to approximately $0.0059398. These crypto price prediction figures definitely...

De-Dollarization: 'Sell America' Gains Steam, Who Is Dumping the US Dollar?

Image
Is China or the leading hedge funds behind the recent dumping of the US Treasuries, bonds, and the dollar as the ‘Sell America’ style of de-dollarization emerges in 2025? The US dollar was down nearly 9.5% year-to-date as the DXY index fell to the 98.06 mark. Just recently, reports of China dumping $23 billion worth of US Treasuries made the rounds as the Communist country is decreasing its holdings down from $1,350 billion in 2012-13 to $760 billion in 2025. That’s a reduction of nearly 45% in 13 years and is a massive loss to the American economy. Also Read: De-Dollarization: Will the US Dollar Remain Dominant Currency? De-Dollarization: China or Hedge Funds Are Dumping the US Dollar & Treasuries? Source: nypost.com / Xinhua News Agency / Getty Images However, many analysts speculate that China was not behind the US dollar fall and they did not deliberately dump Treasuries. The ‘Sell America’ style of de-dollarization came from somewhere else, claim finan...

Dubai Positions Itself as the Web3 World’s New Crossroads

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

How Tether-backed Twenty One plans to rival MicroStrategy

US Commerce Secretary Lutnick’s son, Brandon Lutnick, overtook his father’s asset management company, Cantor Fitzgerald, when his father accepted President Donald Trump’s cabinet appointment. This week, Brandon announced a new competitor to MicroStrategy, Twenty One, led by Tether. Cantor is a major player in the crypto industry because it manages many of the bonds backing Tether’s USDT stablecoin. Howard and Brandon Lutnick have staunchly supported Tether. Yesterday, Cantor Chairman Brandon announced a Tether-controlled bitcoin (BTC) acquisition company involving Tether, SoftBank, and Jack Mallers, the founder of Strike. Mallers will lead the company as CEO. The entities, blessed by the son of a Trump cabinet member, are forming Twenty One (NASDAQ:XXI).  XXI is the Roman numeral symbol for 21, a reference to BTC’s 21 million supply limit. Twenty One: Tether-controlled, Jack Mallers-led The company will acquire and manage a large treasury of over 42,000 BTC . ...

Latest Market Overview 24th Apr: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, SUI

Image
A surge in market inflows to spot Bitcoin exchange-traded funds (ETFs) has prompted analysts to project a potential rise in Bitcoin’s value to $200,000 by the end of 2025. This upward momentum could also create favourable conditions for several altcoins to gain traction. On 23 April, Bitcoin’s price approached the $95,000 resistance mark, supported by strong capital inflows into spot BTC ETFs and encouraging economic indicators in the United States. Data from Farside Investors showed that these ETFs attracted net inflows of $381.3 million on 21 April and a further $912.7 million on 22 April. Market analysts at Standard Chartered and Intellectia AI suggested that growing institutional interest in Bitcoin ETFs, coupled with BTC’s appeal as a hedge against broader economic uncertainty, may be key drivers behind the asset’s long-term potential to reach the $200,000 milestone. Crypto market data daily view. Source:  Coin360 Not everyone is convinced about the cur...

iExec launches $1M RLC Ecosystem Fund to promote Web3

iExec, a trust layer for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI), has launched a $1 million RLC Ecosystem Fund to help accelerate Web3 project development, as per the reports shared with Finbold on Wednesday, April 23.  The fund offers dilutive and non-dilutive capital to early-stage and scaling projects working on DePIN, AI, and related Web3 solutions. iExec RLC Ecosystem Fund As a trust layer for DePIN and AI applications, iExec will provide developers not just with financial support but also the tools and mentorship necessary to create advanced decentralized solutions.  According to Nathan Chiron, iExec’s Chief Revenue Officer (CRO), the fund is not only an investment but a catalyst for future changes in the industry:  “We invest in conviction, not consensus, and with the launch of the RLC Ecosystem Fund, we’re confident we can add real value by backing the builders defining the future of AI and ...