🚀 Cryptocurrency Market Experiences $299 Million Liquidation in 24 Hours
#Cryptocurrency #Market #Liquidation #Coinglass #BlockBeats #LongPositions #ShortPositions
According to BlockBeats, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $299 million over the past 24 hours. Of this amount, long positions accounted for $107 million, while short positions saw liquidations amounting to $192 million.#Cryptocurrency #Market #Liquidation #Coinglass #BlockBeats #LongPositions #ShortPositions
🚀 SEC Hosts Third Cryptocurrency Policy Roundtable Focusing on Custody Issues
#SEC #cryptocurrency #policyroundtable #custodyissues #brokerdealer #walletcustody #investmentadvisors #investmentcompanies
According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) is conducting its third cryptocurrency policy roundtable, which commenced at 1 a.m. UTC+8. The event is available via live stream, and SEC Chairman Paul Atkins is expected to deliver a speech.
The roundtable will concentrate on custody issues, featuring two panel discussions. The first will address broker-dealer and wallet custody, while the second will focus on custody by investment advisors and investment companies.#SEC #cryptocurrency #policyroundtable #custodyissues #brokerdealer #walletcustody #investmentadvisors #investmentcompanies
🚀 SEC Chair Paul Atkins Addresses Blockchain Regulation Challenges
#SEC #PaulAtkins #Blockchain #Cryptocurrency #DigitalAssets #Regulation #DistributedLedger #FinancialTechnology #MarketInnovations #Efficiency #Transparency
According to Odaily, the newly appointed Chair of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, expressed his eagerness to tackle longstanding issues in the blockchain sector during the third cryptocurrency roundtable meeting. On his fourth day in office, Atkins emphasized the importance of addressing regulatory concerns surrounding digital assets and distributed ledger technology. He plans to collaborate with colleagues and staff while also seeking external input. Atkins highlighted the significance of this work, noting that entrepreneurs across the United States are leveraging blockchain technology to modernize the financial system. He anticipates substantial benefits from market innovations in terms of efficiency, cost reduction, transparency, and risk mitigation.#SEC #PaulAtkins #Blockchain #Cryptocurrency #DigitalAssets #Regulation #DistributedLedger #FinancialTechnology #MarketInnovations #Efficiency #Transparency
🚀 U.S. Treasury Secretary to Attend Congressional Hearing in May
#USTreasury #CongressionalHearing #EconomicIssues #FinancialStrategies #EconomicManagement
According to BlockBeats, U.S. Treasury Secretary Besent is scheduled to appear at a House of Representatives hearing on May 7. This event is anticipated to address key economic issues and policies. The hearing will provide an opportunity for lawmakers to discuss financial strategies and challenges facing the nation. Besent's participation is expected to offer insights into the administration's approach to economic management.#USTreasury #CongressionalHearing #EconomicIssues #FinancialStrategies #EconomicManagement
🚀 Ethereum(ETH) Surpasses 1,800 USDT with a 2.04% Increase in 24 Hours
#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #trading
On Apr 25, 2025, 20:15 PM(UTC). According to Binance Market Data, Ethereum has crossed the 1,800 USDT benchmark and is now trading at 1,800.599976 USDT, with a narrowed 2.04% increase in 24 hours.#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #trading
🚀 Fed Report Highlights Rising Global Trade Risks and Policy Uncertainty
#FedReport #GlobalTradeRisks #PolicyUncertainty #FinancialStability #USTreasuryMarket #MarketVolatility #USAssets #DollarValue
According to BlockBeats, the latest financial stability report released by the Federal Reserve on Friday highlights increasing global trade risks, overall policy uncertainty, and the sustainability of U.S. debt as the top potential threats to the American financial system. This marks the first semi-annual survey on financial risks since U.S. President Donald Trump returned to office.
The report reveals that 73% of respondents identified global trade risks as their primary concern, more than double the percentage reported in November. Additionally, half of the respondents expressed that overall policy uncertainty is a significant worry, showing an increase compared to the same period last year.
The survey also indicates heightened attention to issues related to recent market volatility, with 27% of respondents expressing concern about the functioning of the U.S. Treasury market, up from 17% last fall. Concerns about foreign divestment from U.S. assets and the value of the dollar have also risen on the list of worries.#FedReport #GlobalTradeRisks #PolicyUncertainty #FinancialStability #USTreasuryMarket #MarketVolatility #USAssets #DollarValue
🚀 BNB Drops Below 600 USDT with a 0.01% Decrease in 24 Hours
#BNB #Binance #USDT #crypto #cryptocurrency #marketdata #pricedrop #trading
On Apr 25, 2025, 21:50 PM(UTC). According to Binance Market Data, BNB has dropped below 600 USDT and is now trading at 599.969971 USDT, with a narrowed 0.01% decrease in 24 hours.#BNB #Binance #USDT #crypto #cryptocurrency #marketdata #pricedrop #trading
🚀 First XRP-Linked ETF Begins Trading on Brazilian Exchange
#XRP #ETF #Brazil #Hashdex #GenialInvestimentos #B3 #Nasdaq #XRPReferencePriceIndex
According to PANews, the world's first spot exchange-traded fund (ETF) linked to XRP has been launched by Hashdex and is managed by Genial Investimentos. Trading commenced on April 25, 2025, at the B3 stock exchange in Brazil. The ETF, identified by the code XRPH11, tracks the Nasdaq XRP Reference Price Index. Hashdex has stated that at least 95% of the ETF's net assets will be allocated to XRP.#XRP #ETF #Brazil #Hashdex #GenialInvestimentos #B3 #Nasdaq #XRPReferencePriceIndex
🚀 Grayscale Sees Mixed Fund Flows with Bitcoin and Ethereum
#Grayscale #Bitcoin #Ethereum #fundflows #GBTC #EETH #crypto #BTC #ETH
According to BlockBeats, recent data from Farside Investors indicates that Grayscale experienced a net outflow of $7.5 million from its GBTC fund. In contrast, the mini Bitcoin fund saw a net inflow of $19.9 million. The EETH fund reported no net inflow or outflow, while the mini Ethereum fund recorded a net inflow of $10.2 million.#Grayscale #Bitcoin #Ethereum #fundflows #GBTC #EETH #crypto #BTC #ETH
🚀 Ethereum Co-Founder Criticizes Mainstream Programming Languages
#Ethereum #VitalikButerin #programming #coding #technology #innovation #ETH
According to Foresight News, Ethereum co-founder Vitalik Buterin expressed his views on Warpcast, stating that all mainstream programming languages have minor issues due to their tendency to copy from each other. He specifically mentioned his dislike for using the caret symbol (^) for the XOR operation, describing it as confusing.#Ethereum #VitalikButerin #programming #coding #technology #innovation #ETH
🚀 Whale Increases WBTC Holdings with Leveraged Loans
#Whale #WBTC #WrappedBitcoin #LeveragedLoans #USDT #Aave #CryptoInvestment #Blockchain #Bitcoin #Cryptocurrency #AAVE
According to Foresight News, a significant investor known for leveraging loans to purchase Wrapped Bitcoin (WBTC) has recently borrowed an additional 8.7 million USDT to acquire more WBTC. This transaction occurred eight hours ago, and the investor's address now holds a total of 400.9 WBTC, valued at approximately 38 million USD, with an average cost of 89,881 USD per WBTC.
In the past three days, the investor acquired 253.9 WBTC using a 23.9 million USDT loan from Aave through a leveraged loan strategy. The current health rate of the leveraged loan position is 1.18, with a liquidation price set at 80,545 USD.#Whale #WBTC #WrappedBitcoin #LeveragedLoans #USDT #Aave #CryptoInvestment #Blockchain #Bitcoin #Cryptocurrency #AAVE
🚀 SEC Commissioner Suggests State-Chartered Trust Companies as Qualified Crypto Custodians
#SEC #CryptoCustody #TrustCompanies #Regulation #CryptoAssets #FinancialServices #Competition #CapitalMarkets
According to PANews, U.S. Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda recently addressed a roundtable on crypto asset custody, highlighting that federal regulators currently permit national banks to act as trustees for crypto assets. Given the historical precedent of allowing state-chartered banks to compete with federally chartered banks, Uyeda proposed that the SEC should consider recognizing state-chartered trust companies as qualified crypto custodians.
Uyeda also suggested that the SEC could enhance competition by revising or eliminating the 'special purpose broker-dealer' framework. This could involve providing interim guidance on how firms can custody non-security crypto assets, crypto asset securities, and traditional securities while adhering to capital and customer protection rules. Ultimately, these guidelines could be incorporated into amendments to existing regulations.#SEC #CryptoCustody #TrustCompanies #Regulation #CryptoAssets #FinancialServices #Competition #CapitalMarkets
🚀 Bitcoin(BTC) Surpasses 95,000 USDT with a 1.36% Increase in 24 Hours
#Bitcoin #BTC #USDT #Binance #Cryptocurrency #PriceIncrease #MarketData
On Apr 26, 2025, 01:20 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 95,000 USDT benchmark and is now trading at 95,062.257813 USDT, with a narrowed 1.36% increase in 24 hours.#Bitcoin #BTC #USDT #Binance #Cryptocurrency #PriceIncrease #MarketData
🚀 Toncoin Bridge to Cease Operations on May 10
#Toncoin #CeaseOperations #Blockchain #Ethereum #BNBSmartChain #CrossChain #Deactivation #TON #ETH
According to Foresight News, an official announcement has revealed that the Toncoin Bridge will be deactivated on May 10. After this date, users will no longer be able to transfer Toncoin from the TON network to Ethereum or BNB Smart Chain using the bridge. However, previously transferred cross-chain assets will still be retrievable. The bridging function between Toncoin and TON will remain operational for the time being, with the termination date to be announced later.#Toncoin #CeaseOperations #Blockchain #Ethereum #BNBSmartChain #CrossChain #Deactivation #TON #ETH
🚀 Ethereum Surpasses $1,800 Amid Daily Decline
#Ethereum #ETH #cryptocurrency #trading #marketupdate #pricedecline #PANews
According to PANews, Ethereum (ETH) has recently surpassed the $1,800 mark, currently trading at $1,802.10 per coin. Despite this milestone, the cryptocurrency has experienced a daily decline of 0.24%.#Ethereum #ETH #cryptocurrency #trading #marketupdate #pricedecline #PANews
🚀 DeFi Development Corp. Files $1 Billion Registration Statement with SEC
#DeFi #DevelopmentCorp #SEC #RegistrationStatement #Fundraising #Securities #Solana #Cryptocurrency #SOL
According to Foresight News, DeFi Development Corp., formerly known as Janover Inc., submitted a $1 billion S-3 registration statement to the U.S. Securities and Exchange Commission on April 25, 2025. The company aims to raise funds through the issuance of various securities, including common stock, preferred stock, bonds, and warrants. The primary purpose of this fundraising effort is to purchase Solana cryptocurrency.#DeFi #DevelopmentCorp #SEC #RegistrationStatement #Fundraising #Securities #Solana #Cryptocurrency #SOL
🚀 Solana's USDC Circulation Surpasses 10 Billion
#Solana #USDC #Blockchain #Cryptocurrency #TokenCirculation #SOL
According to BlockBeats, data from Solscan indicates that the circulation of USDC on the Solana blockchain has exceeded 10 billion tokens. The current reported figure stands at 10,443,337,954.43 tokens.#Solana #USDC #Blockchain #Cryptocurrency #TokenCirculation #SOL
🚀 Elon Musk's xAI Seeks $20 Billion Funding for AI and Social Media Ventures
#ElonMusk #xAI #AI #SocialMedia #Funding #Investment #Startup #OpenAI #Valuation #Twitter #XPlatform #Business #TechNews
According to BlockBeats, Elon Musk's xAI Holdings is in discussions with investors to raise approximately $20 billion for its newly integrated artificial intelligence startup and social media operations. If successful, this funding round would be the second-largest for a startup, following OpenAI's $40 billion earlier this year, as reported by PitchBook.
Insiders suggest that the funding could exceed $20 billion, although the final amount and terms are yet to be determined. The financing would elevate the company's valuation beyond $120 billion. The negotiations are in the early stages, with the company aiming to complete the fundraising in the coming months. xAI Holdings was formed in March through the merger of the X platform, formerly known as Twitter, and Musk's AI enterprise.
A source indicated that part of the new funds might be used to repay debts incurred when Musk privatized Twitter, later renamed X. This substantial funding effort highlights investor enthusiasm for AI ventures and underscores Musk's status as a prominent business leader and influential political figure.#ElonMusk #xAI #AI #SocialMedia #Funding #Investment #Startup #OpenAI #Valuation #Twitter #XPlatform #Business #TechNews
🚀 Phishing Alert: Solscan Search Result on Google Leads to Scam
#Phishing #ScamAlert #Solscan #Google #Solana #CyberSecurity #OnlineSafety #SOL
According to BlockBeats, Scam Sniffer has detected that the first result for "Solscan" on Google search is a phishing advertisement link. Users are advised to exercise caution and verify the authenticity of links when searching for the Solana network browser.#Phishing #ScamAlert #Solscan #Google #Solana #CyberSecurity #OnlineSafety #SOL
🚀 Ark Invest Raises Bitcoin Price Forecast for 2030
#ArkInvest #Bitcoin #PriceForecast #CathieWood #Crypto #Investment #MarketScenarios #Blockchain #BTC
According to Foresight News, Ark Invest, led by Cathie Wood, has increased its Bitcoin price prediction for 2030. The new forecast is approximately 40% higher than previous estimates based on a foundational model, incorporating factors such as active supply and network activity.
Under the revised model, Ark Invest predicts Bitcoin prices in bear, base, and bull market scenarios to be around $500,000, $1.2 million, and $2.4 million per Bitcoin, respectively.
Previously, Ark Invest's predictions for bear, base, and bull market scenarios were approximately $300,000, $710,000, and $1.5 million per Bitcoin.#ArkInvest #Bitcoin #PriceForecast #CathieWood #Crypto #Investment #MarketScenarios #Blockchain #BTC
🚀 Jack Mallers Addresses Concerns Over Dual CEO Roles
#JackMallers #Strike #Bitcoin #TwentyOneCapital #BitcoinAssetManagement #Tether #Softbank #CantorFitzgerald #BitcoinPayments #FinancialTools #CryptoInvesting #BitcoinGrowth #BTC
According to Odaily, Jack Mallers, CEO of Strike, has addressed investor concerns regarding his new role as CEO of Bitcoin asset management firm Twenty One Capital. In a statement on the X platform, Mallers assured investors that his commitment to Strike remains unchanged. He emphasized that his leadership at Twenty One Capital is an extension of his efforts, not a shift in focus. Strike continues to prioritize the global promotion of Bitcoin payments, while Twenty One Capital aims to develop native Bitcoin financial tools to offer investors more efficient capital exposure.
Mallers also revealed that Strike processed over $6 billion in transactions in 2024, marking a 600% year-over-year growth, with a gross profit margin of 85%. The company anticipates achieving net profits in the range of eight to nine figures in 2025.
Previously, it was reported that Mallers would lead Twenty One, a Bitcoin purchasing company supported by Tether. The firm, backed by stablecoin issuer Tether, Softbank Group, and Wall Street investment bank Cantor Fitzgerald, is focused solely on accumulating Bitcoin assets. The company's charter specifies its exclusive dedication to Bitcoin asset accumulation, with an initial holding equivalent to 0.2% of the current Bitcoin circulation, placing it among the top five global public companies in Bitcoin holdings.#JackMallers #Strike #Bitcoin #TwentyOneCapital #BitcoinAssetManagement #Tether #Softbank #CantorFitzgerald #BitcoinPayments #FinancialTools #CryptoInvesting #BitcoinGrowth #BTC