Month: April 2025

ZachXBT flags suspicious $330M Bitcoin transfer triggering Monero surge

by

Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC) (valued at $330.7 million) that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and … Read more

Bitcoin Core Developer: Erosion of Security Budget May Undermine Bitcoin’s Monetary Fundamentals

by

James O’Beirne, a Bitcoin Core developer, has raised concerns about the state of Bitcoin’s security budget and how its ongoing erosion might jeopardize what he refers to as ‘property rights.’ O’Beirne emphasized that there is little time to address this issue. Bitcoin Core Developer James O’Beirne Warns About Possible Erosion of Bitcoin ‘Property Rights’ as … Read more

Beyond tariffs and chaos — blockchain emerges as the backbone of a parallel economy

by

Opinion by: Ross Shemeliak, co-founder and chief operating officer of Stobox The Trump administration is pushing a much-revived policy trajectory, marked by tariffs and sanctions that aim to reshore production. Despite exemptions favorable to technology, this dramatic turnaround may seem like a case of the White House treating global trade as its playground. The president’s … Read more

Bitcoin upside could stop at $100K despite $3B in ETF inflows

by

Key points: High Bitcoin ETF inflows don’t always signal a price top as historical data is mixed. Spot Bitcoin inflows often precede short-term price rises, not reversals. Bitcoin may hit $100K but faces resistance. Bitcoin’s (BTC) price recovery may be stalled at $100,000 as questions emerge whether high ETF inflows have always marked the local … Read more

Nexo back in the United States as Trump Jr. attends exclusive event

by

Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges. According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said that he thinks “crypto is the future of finance,” adding: “We see the opportunity for the financial sector and want to ensure we … Read more

Citi Projects Stablecoin Market at $1.6T to $3.7T by 2030, Highlights Blockchain’s Rise in Banking Sector

by

In its April 2025 Global Perspectives and Solutions report, Citi Institute underscores the growing adoption of blockchain technology by banks and the public sector, spotlighting stablecoins and system modernization. The report forecasts the stablecoin market could reach $1.6 trillion by 2030 in its base case, driven by regulatory clarity and US dollar demand, potentially spurring … Read more

Melania memecoin team sells $1.5M tokens as price pumps 21%

by

The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million of tokens over the past three days, suggesting a programmatic selling strategy that may add downside pressure to the token. The team behind the Melania memecoin sold another $930,000 worth of tokens on April 28, two days after selling $630,000, according … Read more