Category Archives: crypto

Semler Scientific records $41.8M Bitcoin loss in Q1 2025 as BTC slumps 12%

Company held 3,182 BTC worth $263.5 million. Corporate BTC holdings rose 16.1% to 688,000 BTC. Semler plans a $500 million securities offering. Semler Scientific has reported a $41.8 million unrealised loss on its Bitcoin holdings in the first quarter of 2025, underscoring the risks of crypto exposure among corporates. The healthcare technology firm disclosed the […]

Crypto market sheds $633.5B in Q1 2025 as Trump rally momentum fades

Bitcoin’s market share rose to 59.1% despite falling 11.8%. Ethereum’s 2024 gains wiped out in Q1 2025. DeFi TVL fell 27.5% across multichain platforms. The global cryptocurrency market started 2025 with optimism, fuelled by expectations of favourable policy shifts under Donald Trump’s presidency and a strong rally across meme coins. But those hopes have since […]

Panama City joins global move to allow crypto payments in public sector

Local law allows payment for taxes, tickets, and permits. City partners with banks to convert crypto to fiat. Panama bypasses national legislation through local ordinance. Panama City is set to become one of the first Latin American capitals to formally integrate crypto payments into its municipal system, allowing residents to pay for public services in […]

Bitcoin eyes $100K? Hayes cites treasury buybacks, weak dollar as catalysts

Bitcoin surged past $87,700, fueled by a weakening US dollar and potential US Treasury buybacks. Arthur Hayes predicts Treasury buybacks could be a “bazooka,” pushing BTC past $100K (“last chance” below). Weak dollar (lowest since March 2022) and rising gold correlation support Bitcoin’s appeal. Bitcoin’s recent climb, momentarily cresting $87,700, is drawing significant attention, with […]

PepeX maintains upside momentum as Bitcoin, Solana dominate the majors

Bitcoin and Solana have emerged as top performers as crypto majors and meme tokens strive to recover. While investors shift to Bitcoin for its stability, Solana has become a key player in DEX trading. At the same time, investors are on the look out for fresh projects with robust growth potential. PepeX, which has emerged […]

Why Bitcoin ETFs are seeing outflows even as BTC price recovers

$812M has left Bitcoin ETFs in April despite Bitcoin price recovery post‑tariff pause. Institutions are shifting to bonds and AI/tech funds amid risk‑off sentiment. Regulatory delays and media FUD also fuel cautious ETF positioning. Bitcoin ETFs have registered significant fund withdrawals even as spot Bitcoin (BTC) price regained ground following President Trump’s 90‑day suspension of […]

BTC nears resistance zone as analysts flag potential pullback to $76,600

Key resistance zone flagged between $86,549 and $88,244. MicroStrategy buys 6,556 BTC worth $555.8 million. $90,000 is seen as a psychological and technical barrier. Bitcoin has surged back to near $89,000, inching closer to its all-time high and setting the stage for what could be a significant breakout. According to crypto analyst Michael van de […]

Ethereum plunges as Donald Trump’s trade war batters crypto markets

Ethereum leads fresh crypto selloff amid Trump’s trade war. Trump’s insistence on tariffs dims hopes of avoiding a trade conflict. Ethereum fell over 6% to its lowest level since March 2023. Ethereum (ETH-USD), the second-largest cryptocurrency by market capitalization, spearheaded a renewed wave of selling across the digital asset landscape on Wednesday. The downturn comes […]

Shiba Inu, Ethereum prices waver as traders flock to this viral token

Economic uncertainties continue to keep buyers on the sidelines, causing most cryptos to record double-digit losses in recent months. While fear remains the key emotion within the crypto space, most tokens recorded a corrective rebound on Tuesday’s session as they strive to find their footing. Even so, projects transforming the meme crypto space have maintained […]

Flight to safety? Crypto funds see outflows as investors fret over tariffs

Crypto ETPs faced $240 million in outflows last week due to US tariffs. Bitcoin ETPs were the hardest hit, with $207 million in withdrawals. The US led the outflows, followed by Germany. Global cryptocurrency exchange-traded products (ETPs) experienced a sharp reversal of fortune last week, with outflows totaling $240 million as investors grew wary of […]

Whale loses over $106 million as Ethereum price crashes

Whale loses $106M in Ethereum (ETH) liquidation on Sky due to a 14% price drop. Crypto market sees $1.36B in liquidations, affecting 441,856 traders. Trump’s tariffs and economic uncertainty drive market sell-offs. An Ethereum whale on the decentralized finance (DeFi) lending platform Sky, formerly Maker, has been liquidated following the crash of the price of […]

Ethereum stalls, Solana rises as Bitcoin Pepe gains steam

Fear remains the key emotion in the cryptocurrency space; an aspect that has been weighing on most majors and meme coins. For instance, coupled with its internal challenges, the risk-off mood has Ethereum price still trading below the short and medium-term MAs. However, steady investor confidence has benefited Bitcoin and Solana. At the same time, […]

SEC delays call on Grayscale’s Ethereum ETF staking proposal

The SEC said it would defer its decision on the Grayscale ETFs until June 1. A final ruling deadline is set for late October. Ether’s market performance has lagged relative to peers in the current bull market. The US Securities and Exchange Commission (SEC) has postponed its decision on whether to permit Ether staking within […]

Why Ethereum price may be on its way up after a disappointing quarter

Ethereum (ETH) price is showing recovery after falling to a low of $1,415. Bullish patterns and DEX strength signal a potential ETH price rebound. The upcoming Pectra update may drive ETH to $2,140. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has endured a tough quarter, with its price recently dipping to $1,415, reflecting a […]

Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin

The shares will accumulate cumulative dividends at a fixed rate of 10% each year Strategy said that dividend payments will begin paying out on June 30, 2025 To date, Strategy holds under 500k Bitcoin, valued at over $40 billion Strategy is planning to offer five million shares of the company’s Series A perpetual strife preferred […]