Lives | Cryptocurrency News

Articles
Authors

Suggested:

Covid-19
Health
WFH
UltraNet
Hospital
Policies
Energy
Business

Justin Sun: FDT has fallen into insolvency and is suspected of fraud, calling on Hong Kong regulators to take decisive measures

Apr 03, 20259470 Views

Apr 03, 2025

Justin Sun once again accused FDT in a post on X: "First Digital Trust (FDT) has been unable to fulfill its obligation to redeem customer funds and is actually insolvent. However, despite the existence of serious violations, the institution continues to operate in Hong Kong under the guise of a public trust. This case illustrates that there seems to be significant loopholes in the Hong Kong trust industry that can be used to avoid financial and banking regulations. This not only poses a risk to the public, but also threatens Hong Kong's reputation as a global financial center. I strongly urge Hong Kong regulatory agencies and law enforcement to take decisive action to plug the loopholes and prevent further losses to the public."

[db:描述]...

Share In

Forecast market data shows that the probability of the US economy falling into recession this year exceeds 50%.

Apr 03, 202515612 Views

Apr 03, 2025

April 3 news, analyst Geiger Capital on X platform said that market predictions from Kalshi data show that the possibility of the U.S. economy entering a recession this year has just exceeded 50%.

[db:描述]...

Share In

US Senator Introduces FLARE Act to Convert Waste Energy into Power for Bitcoin Mining

Apr 02, 202514186 Views

Apr 02, 2025

<br>On April 2nd, according to Decrypt, Ted Cruz, a Republican senator from Texas, officially introduced the "Facilitate Lower Atmospheric Released Emissions" (FLARE) Act on March 31st, aiming to convert waste natural gas that would have been burned or emitted into electricity for Bitcoin mining.

[db:描述]...

Share In

XRP Price Analysis: Bullish Divergence Signals Potential Bottom at $2.02

Apr 02, 20259593 Views

Apr 02, 2025

XRP (XRP) experienced a 22% price drop from March 19 to March 31, potentially establishing a local bottom at $2.02. Following this, the price rose by 9% to $2.20 before retracing to current levels. The question arises whether XRP has reached its bottom or if a deeper retracement is on the horizon. Analyst CasiTrades noted bullish divergence on various timeframes, suggesting a positive indicator for potential short-term bounces and macro recovery. Resistance at $2.25 is highlighted as a key level to watch, with a break above signaling a bullish breakout.

[db:描述]...

Share In

Russia Faces Challenges in Selling Seized Bitcoin

Apr 02, 202519674 Views

Apr 02, 2025

The country is in the process of establishing legal frameworks for managing confiscated digital assets. The focus is on a high-profile case involving Marat Tambiev, a former official who was convicted of accepting cryptocurrency bribes. Tambiev, who previously served as the head of the Investigative Committee for the Tverskoy District, received 1,032.1 BTC in 2023, which was valued at around $28 million at the time. Despite facing difficulties in legally selling the seized Bitcoin, the government is working with other entities to develop a process for converting confiscated crypto into revenue. While Russia is progressing with its plans, it remains cautious, with Deputy Finance Minister Vladimir Kolychev stating that the country has no plans to include cryptocurrency in its national reserves due to concerns about Bitcoin's volatility and unpredictable market movements.

[db:描述]...

Share In

Cryptocurrency Market May Find Local Bottom Amid Global Uncertainty

Apr 02, 20256302 Views

Apr 02, 2025

The cryptocurrency market could reach a temporary low in the next two months due to global uncertainty surrounding ongoing import tariff negotiations, which have been impacting investor sentiment in traditional and digital markets. US President Donald Trump is expected to announce reciprocal import tariffs on April 2, with the goal of reducing the country's trade deficit and boosting domestic manufacturing. According to Aurelie Barthere, a principal research analyst at Nansen crypto intelligence platform, there is a 70% chance that cryptocurrency prices will hit their low point by June. Barthere also mentioned that once the toughest part of the negotiations is over, there could be a clearer opportunity for crypto and risk assets to find a bottom. The market is currently in a "wait and see" mode, with investors hesitant to take large positions as both traditional and cryptocurrency markets lack direction.

[db:描述]...

Share In

Bitfarms and Macquarie Group reach preliminary agreement on $300 million private debt financing

Apr 02, 20256592 Views

Apr 02, 2025

according to official sources, Nasdaq-listed mining company Bitfarms announced that it has reached a preliminary agreement for a $300 million private debt financing with Macquarie Group, to fund the initial HPC project development at Panther Creek in Pennsylvania. The initial financing amount is $50 million, with a maximum withdrawal amount of $300 million after the final document is signed. Macquarie Group is expected to provide funding for the initial construction of the Panther Creek data center in a non-dilutive manner.

[db:描述]...

Share In

DWF Labs Partner: Four projects contacted us yesterday and will allocate $16.5 million to repurchase tokens

Apr 02, 202518902 Views

Apr 02, 2025

Andrei Grachev, a partner at DWF Labs, posted on the X platform stating that four projects contacted us yesterday. DWF Labs will allocate $16.5 million to repurchase tokens from the market. Once completed, the on-chain proof will follow.

[db:描述]...

Share In

Did Bitcoin Top Yet? Declining Interest Signals Crypto Euphoria May Be Delayed

Apr 02, 20258148 Views

Apr 02, 2025

The firm notes that the anticipated excitement for this market cycle has not materialized yet. A significant observation is the continuous decrease in Google search interest for cryptocurrencies. Compared to previous market peaks, search trends for cryptocurrencies are significantly lower, indicating a decline in public curiosity. Wikipedia searches related to cryptocurrencies also show a similar trend, with searches not reaching previous cycle highs and starting to decrease in recent months. The lack of public interest in cryptocurrencies could be due to various factors such as global macroeconomic conditions, market sentiment, or the delayed arrival of the expected euphoria.

[db:描述]...

Share In

Japan's Sumitomo Mitsui Bank plans to launch a stablecoin in cooperation with Ava Labs

Apr 02, 20259548 Views

Apr 02, 2025

 according to Nikkei News on Tuesday, Mitsubishi UFJ Financial Group, which operates Mitsui Sumitomo Bank, plans to collaborate with Ava Labs and Fireblocks to launch a stablecoin. The team behind Avalanche, Ava Labs, intends to use blockchain technology to establish the "foundation" of the stablecoin, while the crypto security company Fireblocks will provide token development management system. The banking giant plans to collaborate with local IT company TIS to conduct experiments on the project in the second half of 2025 and may issue the stablecoin next year.

[db:描述]...

Share In

Index

End