Day: April 21, 2025

BNB Springs Back From $531 With Unshaken Bullish Conviction

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Pavel Durov says Telegram would exit markets before betraying users

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Telegram CEO Pavel Durov expressed concerns over a growing threat to private messaging in France and other European Union countries, warning that Telegram would rather exit certain markets than implement encryption backdoors that undermine user privacy. In an April 21 post to his “Du Rove’s channel” on Telegram, he posted a message about the EU’s increasing efforts to weaken messaging encryption by adding backdoors, a method that would allow authorities to bypass encryption and access private user data. Durov cited initiatives from French and EU lawmakers to require messaging apps like Telegram…

Saylor’s Strategy buys 6,556 Bitcoin for $555 million

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Key Takeaways Saylor’s Strategy bought 6,556 Bitcoin for $555 million between April 14 and 20. Strategy aims to hold $42 billion in Bitcoin by the end of 2027. Share this article Michael Saylor’s Strategy announced today that the company had purchased another 6,556 Bitcoin at an average price of $84,785 between April 14 and 20, spending around $555 million on the coins. The purchase was funded through proceeds from Strategy’s Common ATM equity offering and Series A perpetual convertible preferred stock offering. Between April 14 and 20, the company sold 1.7…

Crypto casino revenues hit $81B in 2024 despite global restrictions

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Crypto casinos generated more than $81 billion in revenue from betting in 2024, even as regulators in key jurisdictions continue to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue (GGR). This metric refers to the difference between bets taken and winnings paid out.   Yield Sec data also showed that the annual revenue for crypto casinos increased five times since 2022 despite gambling…

Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes

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Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. “Seriously fam, this might be the last chance you have to buy $BTC post, hinting at incoming “treasury buy backs” as the “Bazooka” for Bitcoin’s price trajectory. Source: Arthur Hayes Treasury buybacks…

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

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XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures may launch on April 21 From a fundamental perspective, XRP may receive a boost from the anticipated launch of XRP futures contracts on the Coinbase Derivatives platform, scheduled for April 21 under the US Commodity…

Ethereum Foundation shifts focus to user experience, layer-1 scaling

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The Ethereum Foundation, the nonprofit organization developing the Ethereum ecosystem, is shifting its focus to user experience and layer-1 scaling challenges following its recent leadership reshuffle.  On April 21, the Ethereum Foundation co-executive director Tomasz Stańczak shared an X post detailing how the organization has changed since its change in leadership structures. Stańczak said the change aims to give Ethereum co-founder Vitalik Buterin more time for research and exploration rather than dealing with day-to-day tasks and crisis management. “Each time Vitalik shares insights or communicates a direction, he accelerates major…

US dollar goes ‘no-bid’ — 5 things to know in Bitcoin this week

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Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal Reserve speakers lining up to take to the stage. Gold is shattering all-time highs again, but this time Bitcoin is starting to react. US dollar weakness exhibits historic traits as three-year lows spark bullish predictions…

Metaplanet tops $400M Bitcoin holdings with new $28M purchase

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Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet. The firm’s Bitcoin yield surpassed 119% year-to-date after its latest investment. Source: Simon Gerovich Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds to buy more Bitcoin on March 31, Cointelegraph reported. Related:…

Crypto adoption will be driven by high-growth markets, with or without the US

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Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit an all-time high in February 2025, signaling a broader shift in how seriously the technology is being taken at the highest levels. This momentum is good for the industry. US-based crypto companies have spent nearly…