Public Keys: Circle Goes Quiet, Miners Dump Bitcoin, and Semler Gets Bailed Out
This week on Public Keys: Reading tea leaves during Circle and eToro quiet periods, Bitcoin miners selling a lot of Bitcoin, and Semler's plan for paying the DOJ.
Keep up with what's happening in the crypto world in real-time.
This week on Public Keys: Reading tea leaves during Circle and eToro quiet periods, Bitcoin miners selling a lot of Bitcoin, and Semler's plan for paying the DOJ.
Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York. The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) — is difficult to project but is “definitely a bigger trillion-dollar market,” Arnab Naskar, STOKR's CEO, said during an April 16 panel at the event.
Kyrgyzstan has officially authorized the development of a central bank digital currency (CBDC) following the passage of new legislation signed by President Sadyr Zhaparov, granting legal tender status to a future “digital som.
Strategy chairman Michael Saylor, a vocal promoter of Bitcoin, stoked renewed chatter among crypto circles with his recent enigmatic tweet. Thursday's message stating merely “Bitcoin is Calling” left many asking if a forthcoming significant purchase looms.
Bitcoin ETFs snapped back with a $108 million inflow on Thursday, April 17, recovering nearly two-thirds of the prior day's outflow thanks to strong entries into Blackrock and Fidelity products. Ether ETFs, meanwhile, were frozen in place with no net flows.
Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for what Solana venture investors find valuable.
A Brazilian court has sentenced the men behind Bitcoin investment scam Braiscompany to a combined 170 years behind bars.
Even though XRP recently dropped below the psychological threshold of $2 due to intensified volatility, the fourth-largest cryptocurrency's network remains robust.
Bitcoin has spent the past week locked in a sideways range after rejecting from a swing high. Volatility has dried up, and price action remains muted as the market coils tighter.
Having traversed murky waters, all hope is not lost for Ethereum (ETH) after recently reclaiming the psychological threshold of $1,600.
Solana's dApp ecosystem earned more than all other chains combined in the last 12 months, with a revenue of $2.8 billion.
GBP/USD and EUR/USD perpetual futures will be available on Kraken Pro, the exchange's product offering more technical tools for advanced traders launched in 2022.
Canary's ETF filing could accelerate mainstream crypto adoption by simplifying access to TRX investments and staking rewards. The post Canary files for TRON spot ETF with staking feature appeared first on Crypto Briefing.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
Chinese local governments have been quietly selling confiscated cryptocurrencies worth around $1.4 billion, operating in a regulatory gray area that experts warn could foster corruption and undermine the country's official ban on crypto trading.
Current market price data shows renewed buying activity from large Bitcoin (BTC) holders, sparking talk of a potential rally. According to the market outlook, whales are now buying around three times more Bitcoin than what is being mined daily.
Prominent Bitcoin pundit Davinci Jeremic has shared a bullish outlook for XRP despite his long-standing reservations about the Ripple-linked coin.
Arizona's push to develop state-run cryptocurrency reserves gained momentum this week. One bill cleared a crucial hurdle when the Strategic Digital Assets Reserve Bill (SB 1373) moved through the upper chamber of the House Committee of the Whole on April 17.
The U.S. Securities and Exchange Commission (SEC) has greenlit a new crypto-related exchange-traded fund (ETF) from the financial giant VanEck. Matthew Sigel, VanEck's head of digital assets research, will manage the new “Onchain Economy ETF,” which he says will hold 30-60 stocks tied to the crypto sector.
SOL's next move could help the bulls in the market.
On April 7, the CBOE Volatility Index (VIX) posted a rare spike to 60, a level seen as a barometer of extreme market fear and uncertainty. According to Dan Tapiero, CEO of 10Tfund, the VIX has hit 60 only five times in the last 35 years, and data suggests a rebound for risk assets such as Bitcoin (BTC) in 6 to 12 months.
XRP is currently showing signs of indecision, trading sideways with limited momentum as traders await a clearer signal. Over the past 24 hours, XRP's trading volume has dropped by 20.37%, now sitting at $2.4 billion—a decline that reflects cooling interest in the short term.
The US Federal Reserve under Jerome Powell has developed a reputation for dragging its feet on implementing important policy changes. However, a top central banker has assured that the Fed is “absolutely” ready to do whatever it takes to avoid a financial crisis, whether triggered by the US-led trade war or other adverse developments.Although the long-awaited “Fed pivot” could still be months away, policymakers appear poised to gradually ease financial conditions, beginning last month when they reduced the redemption cap on Treasurys by 80%.
A widely followed crypto analyst says that investors should continue hanging on as we are nowhere near the start of the next crypto bear market. In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.