Day: April 17, 2025

When gold price hits new highs, history shows ‘Bitcoin follows’ within 150 days — Analyst

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The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison. Source: Cointelegraph/TradingView In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months earlier. Similarly, gold reached a new high near $2,075 in 2020 during the COVID-19 pandemic, which preceded Bitcoin’s surge to $69,000 in 2021. Bitcoin has historically surpassed its previous all-time highs whenever gold rallies, reflecting a dynamic relationship between the two assets during periods of economic…

Huaxia to add staking to Ether ETF, Hong Kong’s second of its kind

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Huaxia Fund is set to launch staking services on its Ether exchange-traded fund (ETF), making it the second in Hong Kong. OSL Digital Services (OSL) will provide custody and staking infrastructure for the fund. The staking feature will be live on May 15, moving the ETF from a strictly passive investment vehicle to an “active participant” in the Ethereum ecosystem, according to the announcement from OSL. Huaxia Fund, a subsidiary of China Asset Management (ChinaAMC), first launched its Ether ETF in April 2024.  The introduction of a staking provision comes…

Slovenia floats 25% tax on personal crypto profits

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Key Takeaways Slovenia proposes a 25% tax on personal crypto profits, effective January 1, 2026. Crypto-to-crypto trades and specific digital assets are excluded from the proposed tax framework. Share this article Slovenia’s finance ministry has proposed a 25% tax on personal profits from crypto asset disposals, seeking to close a tax system loophole that currently exempts individual investors while taxing business income from crypto trading. The proposed legislation aims to ensure greater fairness in the taxation of investment income among Slovenian citizens. Currently, individuals trading crypto enjoy a tax advantage…

Digital Currency Group CEO Barry Silbert says he should have just held BTC

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Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012. During an April 17 appearance on Raoul Pal’s Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once the price of BTC surged, Silbert started looking for early-stage crypto companies to invest in. The executive told Raoul Pal: “I was using Bitcoin to make a bunch of those investments, and you would…

How Do We Protect Bitcoin From Quantum Computers? Not With A Joke

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Recently, Project Eleven (a quantum computing research group) announced a 1 bitcoin reward for the first team able to complete a challenge to demonstrate breaking a ECC (elliptic curve cryptograph) key using Shor’s algorithm on a quantum computer.  The deadline for this challenge is April 5th, 2026, meaning in order to qualify for the prize a team must demonstrate breaking a key pair it must be done before that deadline.  This is frankly a completely absurd and meaningless prize for a number of reasons, the first of which is the…

Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth…

Why it’s outperforming altcoins — and what comes next

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Over the past year, most altcoins have struggled to keep up with Bitcoin, but one project is breaking away from the pack: XRP. While other tokens have stagnated or slid, XRP (XRP) has surged more than 300% in just six months against Bitcoin (BTC) to quickly become one of the best-performing assets in the crypto space. But what’s really behind this rally — and more importantly, can it last? Some say it’s the fundamentals finally shining through. Others argue it’s just hype and speculation driven by a passionate community. Then…

Corporate Bitcoin Holdings Hit Record High In Q1 2025 As Public Companies Accelerate Accumulation

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Public Companies Now Hold Over 688K BTC, Signaling Record Institutional Bitcoin Adoption Bitcoin adoption by public companies has reached an all-time high, according to a new report from Bitwise. In Q1 2025, publicly traded firms now hold a combined over 688,000 BTC, up 16.11% quarter over quarter, representing 3.28% of Bitcoin’s fixed 21 million supply. Image via Bitwise This corporate treasure trove is valued at over $57 billion, based on a Bitcoin price of $82,445, reflecting a 2.15% increase in total value from the previous quarter. The number of public…

Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

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Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing.  Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show. The investment includes a $2.25 million initial deposit, with $1.2 million being non-refundable. The transaction is expected to close on May 15. Bit Digital disclosed the acquisition in a Form 8-K filed with the US…

Crypto Privacy Legalized? Tornado Cash And Samourai Cases Suggest Uncertainty Remains

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Last week, Deputy Attorney General (DAG) Todd Blanche sent a memo to employees of the Department of Justice, directing the agency to stop prosecuting mixers, exchanges, and “offline wallets” for the criminal conduct of their users. Understandably, the community broke out in celebration. Privacy is now legal again! Some proclaimed. #FreeSamourai! Others demanded. DOJ ends “regulation by prosecution”, media outlets headlined, referring to the memo’s title, as companies who had previously left the US due to regulatory uncertainty announced plans to return. This will change everything, appeared to be the…