In a live interview on CNBC’s Squawk Box on Monday, Peter Chung, Head of Research at quantitative trading firm Presto, reaffirmed his conviction that Bitcoin can reach $210,000 before the end of 2025, arguing that the asset is evolving into a macro-level refuge during moments of stress in the global financial system. Bitcoin Set To…
A wallet reportedly linked to the official Donald Trump memecoin project has transferred nearly $20 million worth of TRUMP tokens to centralized exchanges. On April 29, on-chain analyst EmberCN reported that the team’s wallet transferred 1.346 million TRUMP tokens, valued at $19.53 million, to three major exchanges. Data from Arkham Intelligence, cited by EmberCN, revealed…
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO…
Miden has raised millions to spin out from Polygon Labs, expand its team, and launch a blockchain protocol focused private transactions. Miden has raised millions to spin out from Polygon Labs, expand its team, and launch a blockchain protocol focused private transactions. Technology Decrypt
SIGN, the token linked to its namesake’s multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit. The listing follows the token’s release on Binance, where it became the first project to be selected by the Binance Alpha campaign. Trading was initially muted on Binance as it traded between $0.06…
By James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) remains stuck near the $95,000 mark, apparently unfazed by the Canadian election result, which saw the crypto-friendly candidate for prime minister lose his seat. Key macroeconomic data due later this week could serve as a catalyst for bitcoin’s next move, with the standout…
Bitcoin Magazine Public vs Private Bitcoin Treasury Strategy for Pre-IPO Companies Enacting a Bitcoin treasury strategy changes more than reserve composition. It redefines capital strategy, risk posture, and market positioning—especially for companies preparing for public markets. For pre-IPO companies considering or building a Bitcoin treasury strategy, the decision between remaining private or transitioning to public…
Ethereum developers have officially removed the EVM Object Format (EOF) from the upcoming Fusaka network upgrade, citing technical uncertainties and community opposition. According to Tim Beiko, Protocol Support Lead at the Ethereum Foundation, the decision was finalized during the Ethereum All Core Developers (ACD) call on April 28. This announcement came shortly after Tomasz Stańczak,…
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the…
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali,…
