Author: James Wilson
The largest corporate Bitcoin holder in the world, Strategy, has purchased 6,556 BTC for $555.8 million after the cryptocurrency broke through its monthly high of $87,400. According to a regulatory filing addressed to the U.S. Securities and Exchange Commission on April 21, Michael Saylor’s company Strategy, formerly MicroStrategy, has bought 6,556 BTC (BTC) worth around $555.8 million at the time of purchase. So far, the company has achieved a BTC Yield of 12.1% on a year-to-date basis in 2025. The company declared that the purchase was made using proceeds gained from the Common ATM and STRK ATM. In the case…
On April 20, Dogecoin holders celebrated the annual DogeDay, the event that first gained traction in 2021. But there’s another cause for celebration as an analyst is heralding a 500% surge for the memecoin, based on a historical pattern that preceded a major rally in the previous cycle. At press time, Dogecoin (DOGE) is trading at $0.16132, hovering at a major horizontal support level. It has been moving sideways in the $0.14–$0.16 range since late March, indicating an accumulation phase following a prolonged downtrend. The price action is currently testing the 20-day Exponential Moving Average at $0.16067 and appears to…
STX formed a God candle today, rallying as high as 19.5% after it broke out of a bullish pattern as the broader market recovered. Stacks (STX) rose to an intraday high of $0.717 on April 21, Asian time, before settling at $0.714 as of press time. Its market cap was set at nearly $1.1 billion while its daily trading volume was up over 200% at $153 million, indicating a surge in trading activity. Being a Bitcoin-based protocol, STX’s gains today can be largely attributed to it mirroring the uptrend in Bitcoin (BTC), which has risen nearly 3.4% over the past…
Ethereum Foundation’s new co-executive director Tomasz K. Stańczak says Buterin’s proposals are meant to spark discussions and invite scrutiny regarding the network’s future goals and breakthroughs. In a recent post following Buterin’s previous proposal on replacing Ethereum (ETH) Virtual Machine with RISC-V to improve long-term scalability, Stańczak said that under the change in leadership, the Foundation will shift its focus from research and development to working on Layer 1 scaling, Layer 2 support, optimizing user experience, and interoperability. This includes improving the network under the new protocol upgrades, such as the upcoming Pectra upgrade, Fusaka and Glamsterdam. Our discussions about…
Zora, the Ethereum-based platform known for its creator-friendly approach to non-fungible tokens and onchain content, has announced it will launch its long-awaited token, ZORA, on Apr. 23, 2025. According to an Apr. 21 post shared on X, the token distribution will be based on two snapshots of user activity. The first snapshot covers contributions from Jan. 1, 2020, to Mar. 3, 2025, while the second includes activity up to Apr. 20, 2025. These snapshots will help determine eligibility for a retroactive airdrop, part of a wider strategy to reward long-time creators, collectors, developers, and participants in the Zora ecosystem. Zora…
Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine with RISC-V, an open-source instruction set architecture, as the new foundation for Ethereum smart contracts. In a post shared on the Ethereum Magicians forum on Apr. 20, Buterin argued that the switch could drastically improve the performance and simplicity of Ethereum’s (ETH) execution layer. The EVM is responsible for executing smart contract code across the Ethereum network. According to Buterin, its limitations have become a long-term bottleneck for scaling. He believes replacing it with RISC-V, a hardware-standard architecture already used in zero-knowledge EVMs, could provide massive improvements in proving…
Today’s edition of the weekly recap covers Strategy’s continued Bitcoin purchases, Kraken’s expansion into traditional financial products, and another SEC investigation closure. Strategy acquires additional 3,459 Bitcoin Kraken expands to stocks and forex trading SEC closes CyberKongz investigation Healthcare firm… Source link
Bitcoin is currently worth around $83,793.85, marking a 2.47% decline over the past 24 hours, despite still being up 8.39% over the past week. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While Bitcoin’s (BTC) pullback might appear minor in the broader scheme, deeper market signals hint at something more complex brewing beneath the surface, possibly the onset of a new crypto winter. Coinbase’s recent report outlines a cocktail of bearish indicators: global tariff escalations, reduced risk appetite in equities, and a notable 41% drop in the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. From memecoin mania to AI-powered innovation, analysts suggest Cardano, Pepe, Shiba Inu, and Lightchain AI could be among the next millionaire makers. As the crypto market continues to evolve, investors and analysts are focusing on the next round of potential millionaire-makers for 2025. Among the top contenders are Cardano (ADA), Pepe (PEPE), Shiba Inu (SHIB), and Lightchain AI (LCAI) — each bringing its own narrative, community, and unique strengths. While Cardano is praised for its scientific approach and roadmap…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a sports-fueled narrative and a $13m presale, XYZVerse could be the memecoin to replicate Dogecoin’s early success. Memecoins have become a prominent fixture of the crypto landscape. From Dogecoin’s unexpected rise to the multitude of spin-offs that followed, they represent a recurring trend; community-driven assets with little to no initial utility that occasionally deliver significant returns. However, XYZVerse is positioning itself as a memecoin with a different narrative. Rather than relying solely on internet culture or celebrity endorsement,…