Author: Admin-aX9d7
Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books.Meliuz, which provides cashback and financial technology services, is taking the plan to make Bitcoin (BTC) the primary strategic asset in the firm’s treasury to shareholders in a meeting slated for May 6, according to a translated April 14 statement.The company said its core business will remain unchanged, but “the generation of cash from operations is fundamental to the strategy of acquiring more Bitcoin over time.” If shareholders approve the measure, Bitcoin will be adopted as the firm’s…
Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential growth, rapidly becoming one of the most significant financial innovations of the last two decades, […]
Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date.Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and permissionless financial system, but is that really the case?Source: X/0xMontBlancEther was one of the few major cryptocurrencies that did not reach a new all-time high in 2025, unlike competitors such as Solana (SOL), Tron (TRX), and BNB (BNB).Some critics argue that moving away from proof-of-work mining…
April 19th, 2025— The Ethereum price experienced a slight uptick of 0.75% to reach $1,595 during Friday’s trading session. While the broader market sentiment remains uncertain amid U.S.-China trade tensions, the buying pressure in ETH could be attributed to whale accumulation. The renewed recovery from investors sets the coin price for a breakout past the multi-month resistance of the current correction. Is the $2,000 rally close? Massive Whale Withdrawals Fuel Bullish Hopes Amid the tariff-driven uncertainty, the Ethereum price has projected a sideways action around $1,600 for nearly two weeks. The series of neutral candles with rejection on either side…
The following is a guest post by Mauricio Di Bartolomeo, Co-founder and CSO at Ledn.After years of dismissing the asset, Wall Street is finally recognising Bitcoin’s potential. At Bitcoin 2024 in Nashville, the air crackled not just with the usual enthusiasm, but with the unmistakable scent of vindication. As Donald Trump pledged allegiance to Bitcoin as a reserve asset and Cantor Fitzgerald talked through its plans for a sizable $2 billion Bitcoin financing facility, it became crystal clear: traditional finance is no longer just dipping its toes into digital assets; it is diving headfirst. Our industry’s long-held thesis is playing…
Polygon Labs CEO Marc Boiron called for a fundamental shift in how decentralized finance (DeFi) protocols manage liquidity, labeling the sector’s ongoing liquidity crisis as “self-inflicted.” In an exclusive interview, Boiron outlined Polygon’s vision for sustainable DeFi, emphasizing chain-owned liquidity and transparent economic models as the path forward.Boiron criticized DeFi protocols for fueling a cycle of “mercenary capital” by offering sky-high annual percentage yields (APYs) through token emissions. “It’s just renting liquidity; it’s not real loyalty,” he told Cointelegraph, noting that such strategies lead to fleeting liquidity that vanishes when yields drop or token prices falter. This reliance on short-term…
Trump continues criticizing Powell as global leaders stress importance of independence
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. President Trump is still going after Fed Chair Powell. In a Monday Truth Social Post, Trump reiterated that he wants to see lower interest rates now, adding that Powell is “a major loser.” Trump is hardly the first president to voice frustrations with the Fed and its leadership. But he is the only sitting president in modern history who has publicly threatened to fire the chair. Both Joe Biden and Barack Obama — during their respective terms — said they were disheartened by slow progress on…
Key takeaways: SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies.The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted investor confidence.SUI’s TVL is up 40%, and daily DEX volumes surge by 177%, signaling strong ecosystem trust and utility.Sui (SUI) price was up 23% in one day, to trade at $3.67 on April 25. This is part of a prevailing rebound that began on April 21 and has seen Sui rise more than 73% over the last seven days.Data from Cointelegraph Markets Pro and TradingView shows SUI rose from a low of…
Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral.According to the firm, the facility will be accessed through staged withdrawals over two months until the full $100 million is drawn. Riot confirmed that the capital will support expansion efforts and other corporate priorities.The loan terms include an annual interest rate based on the higher federal funds rate upper limit or 3.25%, plus an additional 4.5%. The credit line matures in 364 days, but Riot can request an extension for another year, pending Coinbase’s approval.The facility is unique in its…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. There’s a refrain in crypto these days that while many in the industry expected crypto to become more like traditional finance over time, TradFi has actually just become more like crypto. Zeitgeisty stocks can trade more like memecoins than based on any sort of price-to-earnings ratio. Robinhood offers sports betting. The president of the United States cryptically encouraged investors to buy on social media before a tariff slowdown sent public markets rocketing. And here’s a new piece of crypto culture to add to the traditional financial world:…