Author: Admin-aX9d7

Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden’s support to more than 8 million tokens across almost every major blockchain, the firm said in an April 9 X post.“No bridges. No CEXs. This is another major step towards our vision of providing the best platform to trade all assets, on all chains,” Magic Eden said.Source: Jack LuSlingshot has amassed nearly 1 million users to date, allowing users to access any token on 10…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Crypto investment products notched net inflows of $3.4 billion from April 21-25, a CoinShares report highlighted — the largest influx since December and the third-biggest weekly haul ever.  Nearly $3.1 billion went into US spot bitcoin ETFs, according to Farside Investors data. Their Ethereum counterparts got some love too, as the $183 million of net inflows broke an eight-week outflow streak.  “We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned towards…

Coinbase Asset Management is preparing to introduce the Coinbase Bitcoin Yield Fund (CBYF) on May 1.According to an April 28 statement, Coinbase described CBYF as a conservative investment strategy that seeks to generate annual net returns between 4% and 8% over a typical market cycle.The fund is designed to offer international institutional investors a new way to earn returns directly in Bitcoin. This product will be exclusively available to investors outside the United States.This move is seen as a strategic effort to broaden Bitcoin’s appeal, particularly among traditional investors.Matheus Celtic, a crypto analyst, suggests CBYF could attract Baby Boomers and…

Key points:Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high.Solid spot Bitcoin ETF inflows do not always signal a short-term top.Select altcoins are showing early signs of a short-term trend change.Bitcoin (BTC) pierced the $95,000 resistance on April 28, but the bulls are struggling to sustain the higher levels. This suggests that the bears have not given up and are trying to defend the level. A minor positive in favor of the bulls is that they have not ceded much ground to the bears. That improves the prospects of a move toward $100,000.Another…

Lombard has partnered with Eigenlayer and the Eigen Foundation to integrate bitcoin into Eigenlayer’s restaking ecosystem. This marks the first time bitcoin (via Lombard’s LBTC) will be used as collateral for decentralized services on Ethereum. Lombard’s LBTC Integrates With Eigenlayer, Unlocking New Bitcoin Utility The collaboration enables bitcoin (BTC) holders to restake LBTC, earning yield […]

Opinion by: Steven Smith, head of protocol and applied research, Tools for HumanityBlockchains were designed as systems of trust that are transparent, decentralized and accessible. The age of AI has, however, introduced significant new challenges. Nearly half of all internet traffic is generated by bots, with up to 80% of blockchain transactions now automated and AI agents accounting for most onchain activity. While some bots serve legitimate and helpful purposes, others — like those used for airdrop farming and fake account creation — clog networks, drive up fees, and monopolize space and resources. It’s up to humans to protect the blockchains…

This is a segment from the Empire newsletter. To read full editions, subscribe. This morning’s Empire podcast was all things BlackRock.  Empire co-host Jason Yanowitz chatted with BlackRock’s Samara Cohen. There’s a lot of insight to be gleaned from Cohen, who’s a powerhouse in her own right, and she certainly delivered.  It’s no secret at this point that bitcoin’s not really acting the way some folks think it should — that is, being a safe haven like gold during market downturns.  “This is an important moment to play out in terms of how Bitcoin’s price performance does show up. I…

Physical infrastructure is becoming increasingly intelligent, connected, and autonomous. But while machines are generating more data and services than ever before, that value still flows to a handful of centralized platforms and corporations.  DePINs (Decentralized Physical Infrastructure Networks) level the playing field. Instead of relying on a single company to own and operate the physical infrastructure we use daily, DePINs enable communities to build and run these networks themselves, using blockchain to coordinate machines, verify activity, and distribute rewards fairly among participants. It’s a powerful shift: infrastructure is owned and operated by the people who use it. And this shift…

As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously upwards, bitcoin has once again spiked and is trading above $41,000. The correlation to traditional markets seems broken, at least for the moment.According to data analysts Santiment, Bitcoin has remained closely pegged to the equities market, as traders await a breakout sign. The latest bitcoin market movements might be that sign, though it might be too early to say for sure.Generally speaking, though there are several positive signs…

On Wednesday, April 23, 2025, I sat down with U.S. Secretary of Commerce Howard Lutnick to discuss his Bitcoin vision for America. We discussed the U.S. Department of Commerce’s new investment accelerator that will benefit Bitcoin mining companies; why he views bitcoin as a commodity, like gold; and why it’s only natural that the Bitcoin industry finds a home in the United States. Bitcoin Miners to Benefit from Investment Accelerator On March 31, 2025, the Commerce Department launched an investment accelerator. The aim of the accelerator is to help firms that want to invest in America get new projects off…