China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low
10.4.2025
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly...
Binance Gains Market Share as Bitcoin Volume Declined 77% From Yearly Peak: CryptoQuant
10.4.2025
A volume drop of such magnitude suggests traders and investors are losing interest or confidence, possibly due to uncertainty, fear, or waiting for better conditions
Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty
10.4.2025
The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street
OpenAI Counter-Sues Elon Musk, Accusing Him of Spreading Misinformation
10.4.2025
OpenAI has announced a counter-lawsuit against Elon Musk, alleging that his ongoing actions against the organization are bad-faith tactics aimed at undermining its operations and seizing control of its AI innovations for personal gain. In a statement on X, OpenAI accused Musk of spreading false...
EU Regulator: Crypto Assets Pose No Significant Risk to Financial Stability
10.4.2025
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems. Crypto Assets 1% of Global Financial Assets The European Securities and Markets Authority (ESMA)...
Crypto stocks see big gains alongside US stock market rebound
10.4.2025
Crypto stocks have surged as part of a broader recovery in the US stock market on April 9 following President Donald Trump’s 90-day pause on sweeping global tariffs.The Wednesday, April 9 trading day closed with Michael Saylor’s Strategy up 24.76% to $296.86, while crypto exchange...
NFT Marketplace Magic Eden Buys Trading App Slingshot
10.4.2025
Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains
OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit
10.4.2025
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws.The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities...
81.6% of XRP supply is in profit, but traders in Korea are turning bearish — Here is why
10.4.2025
XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP (XRP) dropped as much as 46% over the past three months, but despite its recent drawdown, Glassnode data indicates that 81.6% of XRP’s current circulating supply remains...
Bitcoin Eyes $87K After Double Bottom Breakout; Dogecoin, XRP Bulls Look to Establish Control
10.4.2025
Price charts of major tokens flash bullish signals after a prolonged battering
Bitwise doubles down on $200K Bitcoin price prediction amid trade tension
10.4.2025
Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions.“In December, Bitwise predicted that Bitcoin would end the year at $200,000. I still think that’s in play,” Bitwise chief...
Metaplanet Gets First Third-Party Research Coverage From Storm Research
10.4.2025
Japanese bitcoin treasury firm Metaplanet received its first third-party coverage by an equities research company when it was featured in a report on Monday by UK-based Storm Research. The boutique equities research shop founded in 2009, specializes in small to mid-cap Japanese stocks. “The world’s...