Day: April 16, 2025

Will The United States Dump Gold For Bitcoin? A Geoeconomic Shift In Real Time

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The Dawn of a New Reserve Era? From Gold, to Treasuries to Bitcoin The United States has long relied on the dollar and U.S. Treasuries as the twin pillars of its economic, fiscal and monetary strategies. But what happens when these instruments lose their luster? According to the Bitcoin Policy Institute’s Head of Policy, Zack Shapiro, the current financial system is entering a historic inflection point. In a recent interview for the Bitcoin Policy Hour, he noted “If the United States announces that we are buying a million Bitcoin, that’s…

Market maker deals are quietly killing crypto projects

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The right market maker can be a launchpad for a cryptocurrency project, opening the door to major exchanges and providing valuable liquidity to ensure a token is tradeable — but when the wrong incentives are baked into the deal, that market maker can become a wrecking ball. One of the most popular and misunderstood offerings in the market-making world is the “loan option model.” This is when a project lends tokens to a market maker, who then uses them to create liquidity, improve price stability, and help secure listings at…

SEC vs Ripple court appeal paused as XRP case nears resolution

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Key Takeaways The US Court of Appeals has paused the Ripple v. SEC appeal, granting a joint motion from both parties. The outcome of this case could set important precedents for the regulation of digital assets in the US. Share this article The US Court of Appeals for the Second Circuit has granted a joint motion to pause the appeal in the SEC-Ripple Labs case, as both parties move toward finalizing a settlement agreement. According to a Wednesday update from lawyer James Filan, Circuit Judge José Cabranes signed the court…

Bitcoin tipped for 2023-style rebound as Goldman says dollar ‘overvalued’

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Bitcoin (BTC) centered on $84,000 at the April 16 Wall Street open amid hopes that a weak US dollar would fuel a bull market comeback. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin analysis calls for 2023 rally repeat Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after a swift comedown from local highs the day prior. That volatility had accompanied ongoing developments in the US-China trade war, with crypto and risk assets staying sensitive to headlines and statements from parties such as US President Donald Trump. The S&P 500…

Emerging markets need boutique market-making to reach their full potential

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Opinion by: Mārtiņš Beņķītis, co-founder and CEO of Gravity Team As crypto adoption plateaus in some developed nations, emerging markets have led the charge for adoption. Southeast Asia, Africa and Latin America have become rapid growth centers, with new activity driven by limited banking options, local currency instability and growing smartphone use. The need for alternative finance in these regions is acute. While blockchain technology can deliver it, it certainly won’t be easy. A significant hurdle in emerging crypto markets is market-making, where traditional approaches have struggled as a result…

Mantra post-OM token crash statement leaves key questions unanswered

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Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13. An April 16 announcement titled “Statement of Events: 13 April 2025” reiterates that the crash did not involve any token sales by the project itself, and the Mantra team remains fully functional and continues investigating the incident. Although Mantra CEO John Mullin previously said that the team was preparing a post-mortem, the new statement offered few new details about the reasons behind the rapid movement of OM…

Panama City accepts Bitcoin, Ether, and stablecoins for tax and fee payments

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Key Takeaways Panama City now accepts Bitcoin, Ether, and stablecoins for paying taxes and fees. Crypto payments are converted to USD by a partner bank as government institutions require transactions in USD. Share this article Panama City residents can now pay taxes, fees, tickets, and permits using Bitcoin, Ether, and stablecoins following a city council vote this week, as announced by Mayor Mayer Mizrachi Matalon on X. Matalon said that the approval makes the capital and largest city of Panama the first public institution in the country—and one of the…

Real estate fintech Janover doubles Solana holdings with $10.5M buy

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Real estate-focused financial technology firm Janover has acquired 80,567 Solana tokens for roughly $10.5 million. According to an April 15 announcement, with its latest purchase, Janover’s Solana (SOL) holdings reached 163,651.7 — worth about $21.2 million, including staking rewards. With this investment, the amount of Solana per each of the 1.5 million shares reached 0.11 SOL, valued at $14.47 — an increase of 120%. Janover stock price chart. Source: Google Finance Janover plans to start staking the newly acquired SOL immediately to generate additional revenue. The announcement follows the company…

UFC boss Dana White becomes VeChain adviser to push blockchain mainstream

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VeChain, a layer-1 blockchain platform focused on real-world applications, has added Ultimate Fighting Championship (UFC) CEO Dana White as its newest official adviser to raise more mainstream awareness of blockchain technology. White, also the founder of Power Slap, will join VeChain’s advisory board next to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world blockchain adoption through “complementary expertise in mass marketing and scientific innovation.” “VeChain is an incredible partner for the UFC and Power Slap, and I’m honored to join their advisory board,” White said in a statement shared with…

Ethereum L2 development is ‘double-edged sword’ for ETH value

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Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research. The report suggests that Ethereum’s L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may be cannibalistic of the Ethereum base layer, negatively impacting the price of Ether (ETH). Ethereum’s dominance in terms of decentralized exchange (DEX) volume and fees generated is “under threat” by Solana and BNB Smart Chain, Binance Research wrote.…