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Cryptocurrency News
TronWeekly
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Upbit Suspension Frozen by Court, Crypto Giant Back in Action
- A South Korean court has temporarily halted a regulatory suspension imposed on Upbit, allowing the crypto exchange to resume new user registrations.
- The Financial Intelligence Unit accused Upbit of conducting transactions with unregistered foreign crypto service providers.
- The court granted an injunction that allows Upbit to continue operations until authorities make their final determination.
- Bithumb, another South Korean crypto exchange, is being investigated for misusing company resources during a real estate deal.
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Financemagnates
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250
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Bitpanda Secures Full Dubai License in Major Regulatory Win Outside Europe
- Bitpanda has secured a full Broker-Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing it to offer services in the UAE.
- This marks Bitpanda's first fully licensed expansion outside of Europe.
- The license enables Bitpanda to introduce a wide range of virtual assets to UAE investors, including over 500 cryptocurrencies, crypto indices, and savings plans.
- The UAE's regulatory clarity and investor-friendly policies have made it an attractive destination for crypto firms, and Bitpanda's entry will provide local investors with access to a comprehensive digital asset offering.
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Blockonomi
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246
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Hexydog Presale Hits $300K Milestone, Signals Strong Investor Support for Animal Welfare Crypto
- Hexydog, a cryptocurrency with a focus on animal welfare, has reached a $300K presale milestone, showcasing strong investor support.
- By combining animal welfare advocacy with innovative blockchain features, Hexydog aims to attract a diverse range of investors in the crypto market.
- The project stands out by dedicating a portion of transaction fees to support animal shelters and charities, appealing to socially conscious investors.
- Hexydog's emphasis on ethical investment aligns with the increasing interest in sustainable projects, making it a compelling option for crypto enthusiasts.
- The project prioritizes transparency by providing clear documentation of funds allocation, allowing early supporters to track their contributions.
- Hexydog ensures security through measures like liquidity locks, KYC checks, and smart contract audits, addressing common concerns in the crypto space.
- With multi-chain support, Hexydog aims to offer a seamless user experience while mitigating issues such as high gas fees and slow transaction speeds.
- The project incentivizes holders through staking rewards, NFT offerings, and a DAO-governance model, enhancing user engagement and participation.
- Hexydog's successful presale indicates growing confidence in the project's future viability and appeal in a competitive crypto landscape.
- By integrating profit and philanthropy, Hexydog aims to attract investors looking to support a noble cause while benefiting from potential financial gains.
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Cryptopotato
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149
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GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan
- Video game retailer GameStop plans to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions.
- The debt offering could go as high as $1.5 billion as the company plans to give the initial purchasers the option to purchase up to $200 million in extra notes.
- GameStop intends to use the proceeds for general corporate purposes, including the acquisition of Bitcoin in line with its Investment Policy.
- This move comes after GameStop's board approved adding Bitcoin to its investment policy, and CEO Ryan Cohen met with leading advocate for corporate Bitcoin adoption, Michael Saylor.
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TronWeekly
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ICE and Circle Partner to Integrate USDC and USYC into Finance
- Ice and Circle Internet Group have signed a MoU to integrate Circle's USDC stablecoin and US Yield Coin into traditional financial markets.
- The partnership aims to improve market efficiency using digital assets and leverage the benefits of speed and low cost of digital currencies.
- USDC, with a market capitalization of over $60 billion, will enhance capital efficiency and risk management in global financial markets.
- The integration of USDC and USYC aligns with the growing acceptance of stablecoins as valuable assets in mainstream financial systems and the adoption of digital currencies in traditional finance.
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Blockonomi
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101
Image Credit: Blockonomi
Hedera (HBAR) Down at $0.198 As HBAR Faces Competition From Coldware’s Interoperable Blockchain For IoT Micro Transactions
- Hedera (HBAR) faces competition from Coldware's interoperable blockchain for IoT micro transactions.
- HBAR's price has dipped below $0.20 and faces liquidation risk.
- Coldware (COLD) offers a Layer-1 blockchain with built-in interoperability for IoT micro transactions.
- Coldware (COLD) gains traction with its developer-friendly tools, security-first architecture, and inclusive ecosystem.
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Blockonomi
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382
Image Credit: Blockonomi
Toncoin (TON) Consolidates Around $3.59 As TON Whales Take Position In Mobile Friendly Blockchain With Gaming Utility
- The cryptocurrency market is brimming with activity in 2025, with Toncoin (TON) consolidating around $3.59.
- Toncoin whales are staking their position in the network's mobile-friendly blockchain with gaming utility.
- While Toncoin focuses on scalability in mobile gaming, Coldware (COLD) is emerging as a strong contender in the DeFi space.
- Toncoin's resilience amid market volatility and the upcoming Layer-2 solution contribute to its position in the blockchain space.
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Coin Telegraph
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$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?
- The $16.5 billion monthly options expiry for Bitcoin (BTC) is expected to have a limited market impact.
- Bitcoin's drop below $90,000 invalidated many bullish positions and provided an opportunity for bears to escape potential losses.
- Bullish investors aim for levels above $92,000, but the advantage for their bets has weakened.
- Bulls and bears both have incentives to influence Bitcoin's spot price as the options expiry date approaches.
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Crypto-News-Flash
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114
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Bitcoin Price Outlook: Range-Bound BTC Faces Uncertain Momentum
- Bitcoin hovers around $87K amid mixed momentum, with RSI near-neutral and traders hesitant to make bold moves.
- Long-term holders quietly accumulate while short-term holders face losses, signaling a possible shift in market control.
- Bitcoin is in a range-bound market, swinging between $78,000 and $88,000, with no clear control from buyers or sellers.
- Political and regulatory conversations in Washington impact Bitcoin's position in the financial system, with uncertainties affecting broader investor sentiment.
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Crypto-News-Flash
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149
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Cardano (ADA) Price Forecast: Key Levels to Watch in April 2025
- ADA's inclusion in Donald Trump's strategic crypto reserve and its involvement in ongoing Cardano ETF discussions have bolstered investor confidence.
- Technical indicators suggest a bearish trend, heightened volatility, and neutral market sentiment, urging traders to watch critical price levels closely.
- ADA's short-term action indicates that a sustained hold above $0.75 could lead to a bullish trend, potentially pushing the price towards $0.80.
- Despite recent resilience, there are predictions of a possible price fall for Cardano in the next few months, with a projected drop of over 3% by late April 2025.
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Crypto-News-Flash
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140
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Hoskinson Highlights Leios: Cardano’s Answer to the Blockchain Trilemma
- Cardano is set to introduce Leios, a new scaling solution exclusive to the ecosystem.
- Leios aims to address scalability, security, and decentralization concerns within the Cardano network.
- The protocol will enable parallel creation and processing of blocks, increasing transaction speed.
- Leios is part of Cardano's long-term plan for growth and aims to streamline network synchronization and introduce a new fee structure.
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Crypto-News-Flash
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35
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Korean Lawmaker Declares $1M in XRP as Government Crypto Holdings Rise
- The Government Public Ethics Committee in South Korea has revealed that 411 out of 2,047 public officials are holding virtual assets worth a total of 14.41 billion won.
- Seoul City Council Member Kim Hye-young is the largest holder, with assets totaling 1.7 billion won, including 519,004 XRP worth $1.2 million.
- XRP has firmly established itself as the top choice among South Korean investors, with Upbit, the country’s largest exchange, holding around 4-5% of the total XRP supply.
- South Korea is intensifying its regulatory efforts to protect investors, with the Financial Intelligence Unit (FIU) restricting access to 17 overseas cryptocurrency exchange apps.
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Bravenewcoin
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127
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Pepe Coin (PEPE) Price Prediction: On-Chain Data Hints at 25% Surge as PEPE Holds Key Support
- The frog-themed meme coin, Pepe Coin (PEPE), is potentially poised for a 25% surge, backed by technical indicators and on-chain data.
- PEPE recently cleared a key resistance level, and if it maintains support above $0.0000080, it could push further to $0.000010 and beyond.
- On-chain data shows an increase in long-term PEPE holders, a drop in exchange reserves, and a rise in futures open interest, indicating growing investor confidence.
- The market sentiment and social interest in meme coins, combined with positive funding rates and a high long/short ratio, support the potential for a further rally in PEPE's price.
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TechBullion
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180
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Beyond the Hype: A Realistic Look at the FloppyPepe (FPPE) Presale’s Roadmap and Its Potential to Become a Top 10 Crypto Asset
- FloppyPepe (FPPE), an AI-enabled meme coin, is gaining attention in the cryptocurrency market with its unique combination of meme culture and artificial intelligence.
- The project aims to attract more users by expanding to Binance Smart Chain (BSC) and Solana, listing on CEX and DEX, and implementing the Meme DAO protocol for direct governance rights to token holders.
- The presale of FloppyPepe has received significant traction, with the private round reaching $907,200 within the first 24 hours. Optimistic price predictions suggest explosive gains ranging from 5,746% to 100,000%.
- While becoming a top crypto asset in the short term may be challenging, FloppyPepe's differentiating factors, including AI utility and community-centric governance, position it for long-term success.
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Cryptonews
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241
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Stablecoin Surge Threatens Traditional Banking, Senator Gillibrand Warns Against FDIC Protection
- US Senator Kirsten Gillibrand supports stricter regulations and protections for stablecoin issuers.
- She warns against diluting the stablecoin bill and weakening its provisions.
- Gillibrand argues that allowing stablecoin yield products could harm local banks.
- She emphasizes the need for a robust backing and clear rules for consumer protection in stablecoin issuers.
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