Day: May 2, 2025

Free speech is at risk without decentralized, open-source technology

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Opinion by: Chris Jenkins, adviser to Pocket Network Tim Berners-Lee’s vision of the World Wide Web is dead. Instead of an open and accessible global information system, the web is controlled by centralized global data conglomerates, which don’t just restrict free speech but also monetize your data as a price of entry. Web2 firms have built walled gardens with massive information asymmetry between companies and users. Blockchain-based decentralized tech challenges the status quo, offering an alternative to Web2’s closed-source infrastructure.  It enables developers and engineers to build a censorship-resistant and…

Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD

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As Ether’s price has struggled in the first quarter of 2025, a US-based investment adviser firm, Two Prime, has dropped support for ETH and adopted a Bitcoin-only strategy. After lending $1.5 billion in loans both in Bitcoin (BTC) and Ether (ETH) over the past 15 months, Two Prime decided to ditch ETH to focus solely on BTC asset management and lending, the firm announced on May 1. “ETH’s statistical trading behavior, value proposition, and community culture have failed beyond a point that is worth engaging,” Two Primes stated. The firm’s…

Moon soon? XRP’s strongest spot premium aligns with 70% rally setup

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Key takeaways: XRP’s strongest spot premium phase suggests real buying demand, not just speculative futures trading. The number of XRP addresses holding ≥10,000 tokens has steadily climbed, even during recent price pullbacks. A falling wedge pattern points to a possible breakout toward $3 to $3.78, with up to 70% upside if confirmed. XRP (XRP) is experiencing its strongest sustained phase of spot premium in history, a period where the spot market has been consistently trading at stronger levels compared to perpetual futures. XRP’s 350% rally is backed by real demand…

Equity Fund Founder Reveals Why XRP ETF Is Anticipated, ‘There’s Value There’

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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. The XRP ETFs have become one of the most anticipated filings in the crypto space, with over 10 already crossing the desk of the Securities and Exchange Commission (SEC).…

Bitcoin unsure as recession looms, US-China tariff talks kick off

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Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph. Appetite for global risk assets such as Bitcoin (BTC) may take another hit, with analysts from Apollo Global Management predicting a recession by the summer. “Apollo predicting Summer Recession: Sharpest decline in earnings outlook since 2020,” cross-asset analyst Samantha LaDuc wrote in an April 26 X post. The progress on the tariff negotiations may be the most significant factor…

Metaplanet Issues $25 Million In Bonds To Buy More Bitcoin

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The Tokyo-based company said in a regulatory filing that the 12th series of ordinary bonds will be sold entirely to EVO FUND, carrying no interest and maturing on October 31, 2025. The bonds will be issued at 90 million yen per unit and redeemed at face value, according to the company notice. “The proceeds raised through this issuance will be allocated to the purchase of Bitcoin,” Metaplanet stated in the filing, noting the funding aligns with plans disclosed in January regarding its series of stock acquisition rights. The company expects…

UK regulator moves to restrict borrowing for crypto investments

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The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments. According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of payments and digital finance, told the FT that “crypto is an area of potential growth for the UK, but it has to be done right.” He added: “To do that we have to provide an…

Are Donald Trump’s tariffs a legal house of cards?

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On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year. Asked about his tariff program, the president remarked, “Somebody said, ‘Oh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.’” But the toy stores where those dolls are sold might have something to say about it.  Earlier in the week, Mischief Toy Store in St. Paul, Minnesota joined a…

UK plans to ban use of credit for Bitcoin, crypto purchases as debt risks grow

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Key Takeaways The UK FCA proposes to ban credit card use for purchasing Bitcoin to mitigate consumer debt risks. The FCA aims to increase crypto market regulation by requiring UK-based entities and curbing crypto lending services. Share this article The UK’s top financial regulator is considering banning the use of credit cards and other forms of credit to purchase Bitcoin and other crypto assets due to growing concerns about consumer debt and financial harm. The proposal appears in a new discussion paper (DP25/1) released Friday by the Financial Conduct Authority…

Why MSTR Could Outperform BTC In 2025

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As Bitcoin continues to show signs of sustained strength, it’s worth zooming in on one of the most highly leveraged plays on BTC’s long-term thesis: MicroStrategy (MSTR), recently rebranded as “Strategy.” In this article, we’ll assess the scale of Strategy’s accumulation, examine its risk/reward profile, and explore whether this equity proxy could be primed for a period of outperformance versus Bitcoin itself. With multiple indicators converging and capital rotation possibly underway, this may be a critical inflection point for investors. Strategy’s Bitcoin Accumulation Soars to 550,000 BTC It is clear…