Nvidia hoax costs Hedera $1 billion in market value Paul L. Cryptocurrency Apr 9, 2025 Share Distributed ledger cryptocurrency platform Hedera (HBAR) has suffered a massive capital outflow of almost $1 billion after it turned out that news of a collaboration with semiconductor giant Nvidia (NASDAQ: NVDA) was a hoax. The false report claimed that […]
Rumors have been circulating that Strategy will be forced to liquidate its Bitcoin reserves if the price keeps dropping. The specific fears have been overstated, but the fundamental idea might be essentially true. In any event, both Bitcoin and the firm’s stock price rose substantially after Trump announced a tariff pause. The immediate danger of […]
Here’s how Ripple’s Hidden Road acquisition could impact XRP demand Aneena Alex Cryptocurrency Apr 9, 2025 Share Ripple is making a major push into institutional finance with a $1.25 billion acquisition of prime brokerage firm Hidden Road, a deal that could significantly influence future demand for XRP. Announced on April 8, the deal marks one […]
XRP’s network activity explodes to a record-high Paul L. Cryptocurrency Apr 9, 2025 Share After an extended bout with volatility, XRP’s network activity has hit an all-time high, a milestone likely to impact the asset’s price as it seeks to reclaim the $2 resistance level. The network has reached a record-breaking 6.26 million addresses holding […]
U.S. Bitcoin ATM count drops despite ‘pro-crypto presidency’ Andreja Stojanovic Cryptocurrency Apr 9, 2025 Share The cryptocurrency community welcomed Donald Trump’s re-election as promised to help bolster the position of digital assets in the U.S., ending the practice of ‘regulation by enforcement,’ and even establishing a national strategic reserve. The initial months of the actual […]
During Donald Trump’s campaign for the presidency, he promised that “all” bitcoin (BTC) should be “made in the US.” However, his new tariffs are likely to hurt the US BTC mining industry. BTC mining depends on specialized computers based around application-specific integrated circuits (ASICs) that are specifically optimized for Bitcoin’s hashing algorithm. These machines are […]
XRP ETF debuted yesterday; Here’s how it performed Aneena Alex Cryptocurrency Apr 9, 2025 Share The first-ever leveraged XRP ETF in the United States, Teucrium’s 2x Long Daily XRP ETF (NYSE Arca: XXRP), made a strong market debut on April 8, 2025. The fund recorded $5 million in trading volume on day one, placing it […]
This Bitcoin-focused hedge fund outperformed bitcoin last year. 210k Capital, the hedge fund for UTXO Management, was the fifth best performing single major hedge fund in 2024 according to HFR. It returned 164% net of fees in 2024. UTXO Management is the investing arm of BTC Inc., of Bitcoin Magazine and Bitcoin Conference fame. This […]
XPR futures hits monthly high over $21 billion traded Andreja Stojanovic Cryptocurrency Apr 9, 2025 Share April has been highly dynamic for XRP. On the one hand, the token entered uncharted territory as it plunged below the $2 support and, on the other hand, saw its futures activity and noteworthy addresses skyrocket. Specifically, the XRP […]
Bitcoin’s recent decline has brought it to a critical technical juncture, where it’s testing important support levels after a break from a multi-week rising channel. While short-term momentum looks weak, long-term on-chain metrics may hold the key to understanding whether this correction has more downside or if buyers will soon step back in. Technical Analysis […]