Author: John Smith

Bitcoin posted one of its worst Q1 returns in 2025, Ethereum performed even worse, with over 45% drawdown in its price. Ethereum’s price has been in a decline since the Dencun upgrade in March 2024. Ethereum’s downfall seems driven by the Layer 2 protocols amassing large transaction volume and passing on the fraction of the revenue to the ETH chain.  Ethereum (ETH) leaned into its role as security infrastructure and the underlying blockchain for Layer 2 protocols, scaling the crypto ecosystem and losing its value throughout 2025. Traders and investors holding the largest altcoin ask the question whether Ethereum will…

Neptune Digital Assets Corp. has expanded its Bitcoin treasury to 401 BTC as of April 10, 2025. The Vancouver-based firm claims it still has its Bitcoin (BTC) at an average price of $31,564—significantly below the 2024 average of $65,901 and the $67,458 average paid by institutional players like Strategy (formerly MicroStrategy). The move builds on Neptune’s earlier purchase of 20 BTC and 1 million Dogecoin (DOGE) between late December and early February, bringing its total Bitcoin holdings from 376 to 401 BTC. Neptune’s disciplined, cost-efficient strategy has helped it outperform many corporate treasuries in terms of acquisition cost, bolstering its…

New York Attorney General Letitia James has urged lawmakers in the United States to pass federal legislation on cryptocurrencies. In her letter on Thursday, April 10, Attorney General James warned that the lack of a robust federal regulatory framework for crypto raises the risk of fraud, crypto-related crime and financial instability.  A strong legal framework would help mitigate against these potential risks as well as allow for better protections for investors, James said. She addressed the letter to Senate Majority Leader John Thune,  Senate Senate Minority Leader Charles Schumer, U.S. House Speaker Mike Johnson and House Minority Leader Hakeem Jeffries.…

Bitcoin and stocks fell after reality set in on Wall Street, with recession fears starting to drive the market narrative. Both stocks and crypto markets declined during the trading day, giving back much of the previous day’s rally. On Thursday, April 10, the S&P 500 traded at 5,233.61, losing 223.36 points, or 4.31%. At the same time, the Dow Jones was at 39,296.45, dropping 1,312.00 points, or 3.23% from the day prior. The Nasdaq declined 4.66%, or 790.22 points, trading at 16,333.49. The declines came after the third-biggest daily rally in the S&P 500’s history, and the best day since…

A Bitcoin-denominated life insurance firm regulated by the Bermuda Monetary Authority called meanwhile has secured $40 million in a Series A funding round. The company, whose pioneering product is a Bitcoin (BTC) denominated Whole Life Insurance, announced it raised the funding in a round co-led by venture capital firms fulgur.ventures and Framework Ventures. Fulgur.ventures is a BTC-focused VC, while Framework Ventures is a leading investor in decentralized finance and crypto-native funds. Meanwhile also attracted participation from Wences Casares, a Bitcoin pioneer and co-founder of Bitcoin-enabled Xapo Bank. The company, founded three years ago, will use the capital injection to accelerate…

Tron founder Justin Sun took to X to continue accusing First Digital Trust, a Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, of orchestrating a $500 million embezzlement scheme.  In a lengthy post on X, Sun continued his claim that FDT and its alleged co-conspirators illegally redirected nearly half a billion dollars in client funds through a network of unauthorized investments and fraudulent address changes. Sun alleges that FDT, alongside Aria DMCC—a Dubai-based commodities company—and other firms including Finaport and TrueCoin, deceived the stablecoin issuer Techteryx into transferring $456 million to Aria DMCC under the guise of a…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. At Keynote 3, BlockDAG announces 10,000 miner shipments and a $212.5m presale, contrasting sharply with Kaspa and Aptos’ Q2 2025 decline. Explore why BlockDAG’s Proof-of-Work strategy stands apart. Proof-of-work is far from obsolete; it’s evolving. Despite recent downturns in price and market cap for projects like Kaspa and Aptos, BlockDAG is embracing PoW with renewed energy and a unique, hardware-centric approach. During its Keynote 3 event, the team revealed the shipment of 10,000 mining units, underlining a strong commitment…

Optimism has seen an increase in cross-chain transfers, while Base dominates DEX transactions, with Ethereum consistently trending down. DeFi markets are experiencing major shifts recently. According to Dune analytics, Optimism (OP) has seen significant growth in cross-chain transfers. At the same time, Base is leading in DEX transactions and fees. 1/ On April 8, @Optimism led all chains in value transferred:$410MThat’s nearly 40% of all value moved across major chains in one dayAlso topped in value per transaction: 0.22 ETH avg per transaction pic.twitter.com/4kNjHVCwmy— Dune (@Dune) April 10, 2025 Traders moved $410 million in value transfers to and from Optimism.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto markets reel, one undervalued memecoin and a major altcoin may be gearing up for a dramatic comeback. After a sharp market downturn, hope for massive returns may seem distant. Yet, cryptocurrencies like XYZ and Solana might still possess the potential to transform a $100 investment into $10,000. Could these digital assets be poised for explosive growth despite the crash? This article delves into their prospects and why they might be worth attention. Undervalued XYZ memecoin prepares for…

OKX is partnering with Standard Chartered to enable institutional clients to use crypto as collateral in a regulated way. OKX (OKB) is boosting its offering for institutional clients. On Thursday, April 10, a crypto exchange partnered with Standard Chartered, with backing from Brevan Howard and Franklin Templeton, to launch a collateral mirroring program. This program will enable institutional clients to keep their collateral with Standard Chartered, instead of with OKX. The exchange will then “mirror” this collateral into their accounts, without ever taking custody of the funds. The program launched as a pilot, complying with Dubai’s Virtual Asset Regulatory Authority…