Nexo co-founder Antoni Trenchev spoke alongside President Donald Trump at a Bulgarian press event on Sunday. Nexo co-founder Antoni Trenchev spoke alongside President Donald Trump at a Bulgarian press event on Sunday. , Markets Decrypt
[PRESS RELEASE – Zug, Switzerland, April 28th, 2025] Ika, the world’s fastest parallel MPC network, set to launch on the Sui blockchain, reveals a strategic investment from Sui Foundation after recently concluding a record-setting 1.4M SUI NFT art campaign on Sui. Ika is the first sub-second MPC network, enabling zero trust interoperability between blockchains at…
sUSD depeg, explained: Why Synthetix’s stablecoin fell below $0.70 In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a dramatic 31% deviation from its intended peg of 1:1 with the US dollar, a…
Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000. In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27. The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by…
ADA is moving higher as it aims for 90 cents next. Will it succeed? Key Support levels: $0.64, $0.45 Key Resistance levels: $0.90, $1.3 1. Buyers Hesitate Even if ADA managed to secure the 64 cents level as support, the current price action is showing some hesitation. The buying volume remains low and this can…
XRP continues to move higher after successfully testing $2 as support. Key Support levels: $2, $1.6 Key Resistance levels: $2.6, $3 1. Buyers are Returning With the key support at $2 secured, XRP has a clear path to move to the next imporant target at $2.6. If the price is able to break that resistance,…
Ethereum Foundation researcher Dankrad Feist on Sunday filed the Ethereum Improvement Proposal 9698, a plan to let the blockchain’s gas limit grow on autopilot over the next four years. Feist is best known in crypto circles for his efforts in scaling the Ethereum network. The “danksharding” element of the network’s Dencun update was named after…
Bitcoin Magazine Strategy Buys $1.42 Billion Worth of Bitcoin, Bitcoin Price Surges Above $95,000 The world’s largest corporate Bitcoin holder announced in a Form 8-K filing on Monday that it purchased 15,355 BTC between April 21 and April 27, 2025, at an average price of $92,737 per bitcoin. The acquisition was funded through proceeds from…
1inch price performance amid market recovery The 1INCH token has spiked 15% in the past week amid Bitcoin’s rise to above $95k. Could a key 1inch Investments Fund development help 1INCH price higher? The 1inch Network token (1INCH) has seen an impressive 15% surge over the past week, reaching $0.2089 as of April 28, 2025….
Strategic allocation away from U.S. assets by investors could see bitcoin hit a new all-time high in the second quarter of the year, Standard Chartered’s Geoff Kendrick said in a report Monday. Kendrick sees the world’s largest cryptocurrency as reaching $120,000 this quarter as he reiterated his previous target of $200,000 by the end of…
