Key takeaways: SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies. The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted investor confidence. SUI’s TVL is up 40%, and daily DEX volumes surge by 177%, signaling strong ecosystem trust and utility. Sui (SUI) price was up…
The Graph (GRT) price was up 15% and above $0.10, rising as most altcoins gained. Bitcoin’s bullish flip this past week could boost altcoins, including GRT. The Graph’s price is above a key level after a breakout of a technical pattern. The Graph (GRT) has emerged as one of the standout performers in the latest…
Coinglass shows a long/short ratio of 0.95, indicating bearish sentiment. STX could fall to $0.47 if correction unfolds. Resistance at $1.07 is the next key test for bulls. Stacks (STX) has emerged as the strongest performer in the crypto market over the past 24 hours, registering a 16% surge in its price. The jump has…
Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks. He pointed to…
An executive at major stablecoin issuer Circle denied reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer and head of global policy, Dante Disparte, denied that the company is interested in obtaining a US federal bank charter or acquiring an insured…
Experts told Decrypt that address poisoning scams are on the rise, with attackers deploying a “pray-and-prey” tactic to find victims. Experts told Decrypt that address poisoning scams are on the rise, with attackers deploying a “pray-and-prey” tactic to find victims. , Coins Decrypt
US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the president. On April 25, the official X account of the Trump memecoin clarified that there is no $300,000 requirement to join the memecoin project’s dinner…
The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement. One significant change involves the 2022 supervisory letter, which required banks to notify regulators before engaging in any crypto activities. Going forward, banks will no longer need to provide advance notification….
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency. On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable…
Semler Scientific (SMLR) bought an additional 111 bitcoin (BTC) for an average purchase price of $90,124, using proceeds from at-the-market offering and cash on hand, it announced in a press release. This brings the medical device maker’s total bitcoin holdings to 3,303 BTC, which were purchased at a total cost of $290.4 million. Semler said…
