Geologists have announced the discovery of a massive 1,000-ton gold deposit in northeastern China. Deposit Discovery Occurs Amid Gold Rally Chinese geologists recently claimed to have discovered a 1,000-ton deposit of gold in the country’s northeast. This latest discovery comes a few months after geologists using China’s advanced mineral prospecting technology found another deposit with […]
Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements. New Grayscale ETFs Leverage Bitcoin Volatility for Income Generation Grayscale has launched two new exchange-traded […]
Bitcoin price caught an unexpected bid by rallying to a session high at $88,500, but will the price gains be capped at a multimonth overhead resistance that is aligned with the 50-day moving average? Key points: Bitcoin extended its April. 1 gains as news that the Trump administration had not finalized its “Liberation Day” tariffs […]
West Virginia’s Bitcoin (BTC) strategic reserve bill would give the state more sovereignty from the federal government and freedom from a potential central bank digital currency (CBDC), State Senator Chris Rose told Cointelegraph in an exclusive interview. “You hear these rumors that there are people at the federal government that will want to have a […]
The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator token sale to sell token-purchase agreements for its native token to prospective validators. Applications for the sale will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States […]
Bitcoin exchange-traded funds (ETFs) extended their outflow streak with a $158 million exit, marking three straight days of declines, while ether ETFs lost $3.6 million after two brief days of inflows. Bitcoin ETFs Extend Losing Streak With $158M Outflow As Ether ETFs Also Retreat The bleeding continued for bitcoin ETFs on the first day of […]
Bitcoin’s (BTC) price is off to a swift start in Q2, rallying by 5.53% to an intraday high of $87,333 on April 2. Currently, Bitcoin is emerging from a ten-week downtrend that began on Jan. 20 when the price peaked at $110,000. A decisive close above the trendline might lead to continued bullish momentum for […]
Fidelity Launches Crypto IRAs
Categories
Boston-based Fidelity Investments, the world’s third-largest investment manager with nearly $6 trillion in assets under management (AUA) has launched new Individual Retirement Accounts (IRAs) that allow clients to invest directly in crypto. The development was revealed on or around April 2nd via the company’s website. “You can currently trade bitcoin, ethereum [ether], and litecoin in […]
First Digital’s stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company’s CEO. Adding fuel to the fire, Tron founder Justin Sun took to X on Wednesday, declaring First Digital “insolvent.” Stablecoin FDUSD Slips as Legal Action, $456M Allegations Hit First Digital Earlier that same […]
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed company. Addressing lawmakers at an April 2 hearing, Waters said Trump had […]
Ripple has integrated its USD-backed stablecoin, RLUSD, into its Ripple Payments platform to streamline cross-border transactions for enterprise clients, with the asset nearing $250 million in market capitalization since its December 2024 launch. Ripple Adds Enterprise Stablecoin RLUSD to Cross-Border Payment System Ripple Payments, a platform that claims to process billions in transaction volume, now […]
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term. According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can […]