Day: April 1, 2025

Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom

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Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH is approaching a bottom or if there is more downside ahead for the altcoin. Ethereum/Bitcoin ratio hits new 5-year low On March 30, the Ethereum/Bitcoin ratio dropped to a five-year low of 0.021. The ETH/BTC…

GoMining launches $100M Bitcoin mining fund for institutional investors

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GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment. GoMining’s Alpha Blocks Fund comes as more companies have added Bitcoin to their balance sheets, capturing enthusiasm surrounding the resurgence of the world’s top cryptocurrency by market capitalization. Companies that have done so, including Japan’s Metaplanet and medical technology company Semler Scientific, have seen their…

Why Bitcoin’s True Power Lies In Motion

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Michael Saylor, you were forced to realise that all the store-of-value assets are defective and pushed you to focus on the only asset that is not. That does not make you immune to seeing the medium of exchange case. You will see how the housing market is huge when you watch it from one point of view and horrible from another. But if you experience pain driving you to keep your billions of dollars purchasing power, housing is a decent tool to keep it. Your SoV obsession misses the mark—badly.…

Eric Trump calls Bitcoin a top store of value and a powerful hedge against real estate

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Key Takeaways Eric Trump embraces Bitcoin as “immediately liquid” and one of the best stores of value. Trump supports clearer crypto regulations and believes US stablecoins can save the dollar. Share this article US President Donald Trump’s son, Eric Trump, has reiterated his embrace of Bitcoin, calling it an excellent store of value and a strong hedge against real estate, an asset class he is deeply familiar with due to his background in construction and property development. “I truly believe that Bitcoin is one of the greatest stores of value,…

US lawmaker will reintroduce crypto retirement bill to help Trump agenda

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For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans. In a March 31 Fox News interview, Sen. Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation after two failed attempts to get the legislation through Congress in 2022 and 2023. In announcing the bill, the Alabama senator said he wanted to help US President Donald Trump’s perceived role as a “crypto president.”  “Give people a chance to breathe for once […]…

Grayscale files S-3 for Digital Large Cap ETF

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Asset manager Grayscale has filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, US regulatory filings show. On April 1, Grayscale submitted an S-3 regulatory filing to the US Securities and Exchange Commission (SEC), which is required to convert the non-listed fund to an ETF.  The Grayscale Digital Large Cap Fund, which was created in 2018 but is not yet exchange-traded, holds a crypto index portfolio comprising Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP) and Cardano (ADA).  As of April 1, the fund has…

Bitcoin price flips volatile as traders eye $84.5K breakout

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Bitcoin (BTC) repeated earlier volatility at the April 1 Wall Street open as US trade tariff talk kept markets nervous. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin stays erratic ahead of crunch tariffs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making rapid moves within its weekly trading range of around $83,000. US stocks ticked lower at the open, while gold came off fresh all-time highs of $3,149 per ounce. Talk of recession began to return to the spotlight ahead of US President Donald Trump’s so-called “Liberation Day,” due on…

Multiple altcoins crash on April Fools’ day, crypto market holds steady

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A number of altcoins and memecoins saw a sharp sell-off on April Fools’ Day, April 1, with some tokens, including Act I The AI Prophecy, dropping nearly 60% in minutes. Act I The AI Prophecy (ACT), a token associated with the eponymous project focused on artificial intelligence, plunged 58% from $0.19 to $0.08 in less than an hour on April 1, with its market cap shedding $96 million, according to data from CoinMarketCap. The sharp drop of ACT came along with notable red action in the altcoin market, with memecoins…

Bitcoin’s quantum-resistant hard fork is inevitable — It’s the only chance to fix node incentives

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Opinion by: Dr. Michael Tabone, senior economist for Cointelegraph Bitcoin (BTC) has long been hailed as unbreakable and untouchable, a digital stronghold against the forces of change. Bitcoin’s bedrock of security is facing its first true test with quantum computing, which should be addressed sooner rather than later. Its cryptographic armor will crack if not addressed, forcing the network to adapt or perish. Bitcoin’s node count is growing, but incentives are still absent Bitcoin’s full node network has grown over time, a sign of increasing adoption and a more robust…

Grayscale files S-3 to turn Bitcoin, Ether, XRP, and ADA large cap fund into a spot ETF

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Key Takeaways Grayscale is seeking regulatory greenlight to convert its Digital Large Cap Fund into a public ETF covering major crypto assets. The proposed ETF will include Bitcoin, Ethereum, XRP, Solana, and Cardano, with Bitcoin at the largest allocation. Share this article American digital assets giant Grayscale has submitted an application to the Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into a spot exchange-traded product (ETF). The existing fund, also known as GDLC, currently holds a basket of major crypto assets, including Bitcoin (79.4%), Ethereum…