Category: Bitcoin News

Bitcoin DeFi surge may boost BTC demand and adoption — Binance

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The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance. BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8.6 billion. The growing value of BTCFi, “along with potential interest rate cuts, may reinforce positive sentiment for Bitcoin…

Fortnite doubles down on crypto joke with another secret ‘Dill Bits’ location

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Online battle royale shooter Fortnite has just added a new secret “Dill Bits” server mine location to its latest map update — prompting a small spike in an otherwise obscure memecoin. Videos on social media show a new “Dill Bit” server farm location in the game — made to look like a cryptocurrency mining operation. There are other locations on the map where it has appeared. Fortnite added a Bitcoin mine to the new map pic.twitter.com/z8ABokLG2b — Documenting ₿itcoin 📄 (@DocumentingBTC) April 3, 2025 Players in the game can collect…

Coinbase Institutional files for XRP futures trading with CFTC

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US crypto exchange Coinbase has filed with the US Commodity Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP token. “We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures — bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” stated Coinbase Institutional on April 3.  The firm added that it anticipates the contract going live on April 21. According to the certification filing, the XRP (XRP) futures contract will be a monthly cash-settled and…

Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech

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Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency. “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.” His comments came in response to an earlier X post from Kyrgyzstan President Sadyr Zhaparov announcing…

DeFi TVL falls 27% while AI, social apps surge in Q1: DappRadar

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Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm. “Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector’s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the…

EigenLayer to begin ‘slashing’ restakers in April

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EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said in an April 2 announcement.  Implementing slashing will mark EigenLayer’s final step toward establishing the protocol as “infrastructure for a new generation of verifiable apps and services built on the Verifiable Cloud,” it said in a post on the X platform. In 2024, EigenLayer started distributing rewards — including emissions of its native EIGEN token — to incentivize restakers. However, slashing has so far been limited to EigenLayer’s testnets. Once slashing…

10-year Treasury yield falls to 4% as DXY softens — Is it time to buy the Bitcoin price dip?

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On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the weakening of the US dollar. The yield on the 10-year Treasury note briefly touched 4.0%, down from 4.4% a week earlier, signaling strong demand from buyers. US 10-year Treasury yield (left) vs. Bitcoin/USD (right). Source: TradingView / Cointelegraph At first glance, a higher risk of economic recession may seem negative for Bitcoin (BTC). However, lower returns from fixed-income investments encourage…

Pre-seed crypto startup deals have grown 767% since 2021: Report

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The number of pre-seed funding rounds for Bitcoin (BTC) startup companies has grown by 767% since 2021, according to a report from venture capital firm Trammell Venture Partners (TVP). Bitcoin pre-seed transactions increased 50% year-over-year in 2024, with a 27.5% year-over-year increase in the number of startup companies funded. Christopher Calicott, TVP’s managing director, attributed the increased deals to the robust security of the BTC network: “Many entrepreneurs across crypto are revisiting the Bitcoin stack as the long-term place to build their companies. It makes perfect sense: The objectively most…

Covenants, CTV, And Making Things Easier For Developers

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Builder: Stu Language(s): Rust Contributes To: CTV Prototypes, Char Network Work(s/ed) At: ZBD Before Bitcoin, Stu spent his days working as a Windows System Administrator and in IT Support. His routine consisted of long boring days of sitting in a chair engaging in monotonous maintenance work, reconfiguring systems, and resetting passwords for users who’d forgotten them. It was the kind of job where a problem occurring that actually requires you to engage your attention in a meaningful way is so rare an occurrence that you wind up sitting around hoping…

Bitcoin drops 8%, US markets shed $2T in value — Should traders expect an oversold bounce?

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Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the S&P 500 saw a 4.2% drop at market open, its most significant single-day decline since June 2020. The Dow Jones Industrial Average fell 3.41%, to 40,785.41 from 42,225.32, while the Nasdaq Composite dropped 5.23%. Overall, $1.6 trillion in value was wiped out from US stock at the market open. Bitcoin’s value dropped by 8%, but a positive…