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South Korea’s 7-Eleven to accept CBDC payments
South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retailer said that by June, all of its shops across the country will accept payments in CBDCs. From April 1 to June 30, many stores in South Korea will participate […]Cryptopolitan
Wed, Apr 2
Stablecoin giant Circle reveals revenue growth in US IPO filing
April 2 (Reuters) - Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange.The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 ...Reuters
Wed, Apr 2
Arthur Hayes says Bitcoin will hit $250k in Q4 because Bessent will force Fed’s Powell to start printing
Arthur Hayes said on Wednesday that Bitcoin could hit $250,000 by the end of 2025 because President Trump’s crypto-loving Treasury Secretary Scott Bessent will make Fed chair Jerome Powell start printing again to keep the US government afloat. In a new essay titled The BBC, published on his blog and reviewed by Cryptopolitan, Arthur explained […]Cryptopolitan
Wed, Apr 2
Bitcoin Reverses Losses—Analysts Say $100K Is On The Horizon
Bitcoin prices have jumped to $85,020 in the last 24 hours, marking a 1.2% increase that reverses some of the recent downward momentum. The cryptocurrency is now testing a key resistance level that dates back to its January peak of $110,000, according to market analysts. Related Reading: Shiba Inu S...NewsBTC
Wed, Apr 2
US Bitcoin Reserve: Lummis Confirms Treasury Probes Direct BTC Buys
In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic Bitcoin Reserve (SBR), disclosing that the Treasury Department is probing its legal authority to purchase and custody BTC on behalf of the federal governme...Bitcoinist
Wed, Apr 2
Shiba Inu Holders Drop In April Whilst Remittix Is Predicted To Grow Over 50x By August As Investors Go Wild For This Viral Altcoin
The second quarter of the year has started officially, and the crypto market may already be showing signs of recovery. Shiba Inu is sporting a decent uptrend on the weekly timeframe, although it has not been enough to offset its seven-day losses. On the flip side, bullish or bearish markets do not affect the Remittix […]Cryptopolitan
Wed, Apr 2
Bitfarms Enters Into Initial Agreement For Private Debt Facility With A Division Of Macquarie Group For Up To $300 Million To Fund Initial Hpc Project Development At Panther Creek
April 2 (Reuters) - Bitfarms Ltd BITF.TO:BITFARMS ENTERS INTO INITIAL AGREEMENT FOR PRIVATE DEBT FACILITY WITH A DIVISION OF MACQUARIE GROUP FOR UP TO $300 MILLION TO FUND INITIAL HPC PROJECT DEVELOPMENT AT PANTHER CREEKBITFARMS LTD - INITIAL TRANCHE OF $50 MILLION FOR PROJECT DEVELOPMENTBITFARMS LT...Reuters
Wed, Apr 2
Wall Street downgrades MicroStrategy to sell, says debt play is ‘tapped out’
Looks like Wall Street is done playing along with MicroStrategy’s Bitcoin binge. On Tuesday, investment firm Monness Crespi Hardt downgraded the company’s stock from neutral to sell and slapped a $220 price target on it. That number is about 23% below Monday’s closing price. The firm doesn’t think Strategy has any gas left in the […]Cryptopolitan
Wed, Apr 2
Bitcoin Mining Momentum: Eric Trump, Metaplanet, and BTC Bull Token in Focus
Bitcoin is back in the spotlight – and not just because of the price charts. In the latest twist of crypto-meets-mainstream, Eric Trump has officially stepped into the Bitcoin mining game. Teaming up with heavyweight Bitcoin miner Hut 8, Trump is backing a new venture that aims to go public soon. If...Bitcoinist
Wed, Apr 2
3 Altcoins To Turn $500 into $35,000 Much Sooner Than Dogecoin (DOGE) Ever Could
Current Situation in The Crypto Market: DOGE is having a slow performance while three other altcoins Shiba Inu (SHIB), Sui (SUI), and Mutuum Finance (MUTM) are on traders’ radar with technical set-ups, real world utility, and presale strength. Of these, one project—and its presale phase—is particularly blazing a trail, Mutuum Finance (MUTM) having already secured early buyers a […]Cryptopolitan
Wed, Apr 2
Visa bids $100M to replace Mastercard as Apple’s new credit card partner
According to a Tuesday Wall Street Journal exclusive, Visa has reportedly offered Apple Inc. around $100 million to take over the tech giant’s credit card partnership from Mastercard and become the issuer behind its Apple Card. The offer comes as Goldman Sachs, which has issued the Card since its debut, pulls out of the consumer […]Cryptopolitan
Wed, Apr 2
Solana, Dogecoin Or Remittix? One Of These Viral Crypto Assets Is Predicted To Rise Over 50X By August
It is common for crypto investors to always be on the lookout for the next big thing on Solana news. Right now, all attention is on Solana, Dogecoin, and Remittix. One of these top altcoins is predicted to surge by 50% by August. Attracting a wave of evidently increasing interest noticed by analysts and investors, […]Cryptopolitan
Wed, Apr 2
Citigroup lowers Robinhood PT on crypto pullback
** Brokerage Citigroup cuts price target on Robinhood Market's HOOD.O stock to $50 from $60 ** Citigroup says that the pullback in crypto prices has weighed on the stock** Bitcoin BTC=, the world's largest cryptocurrency, has lost nearly 9% YTD and is trading below the $85,000 mark ** HOOD...Reuters
Wed, Apr 2
Bitcoin Hashrate Sets New Record—Do Miners Think Bottom Is In?
On-chain data shows the Bitcoin Hashrate has set a new all-time high (ATH) recently, a potential sign that miners are still hopeful about BTC’s future. 7-Day Average Bitcoin Hashrate Achieved A New Record Recently The “Hashrate” refers to a metric that keeps track of the total amou...Bitcoinist
Wed, Apr 2
Is The Bitcoin Bull Run Over? Watch This Key Price
The Bitcoin price is currently down more than -22% from its all-time, displaying a series of lower highs on the daily timeframe. While the weekly and monthly time bullish, the calls for the beginning of the Bitcoin bear market are growing louder on X. Two prominent analysts have weighed in on what t...NewsBTC
Wed, Apr 2
Stablecoin giant Circle reveals revenue growth in US IPO filing
April 2 (Reuters) - Circle Internet Group, the company behind the USDC stablecoin, filed for an initial public offering on Tuesday after markets closed, as it prepares to list its shares on the New York Stock Exchange.The IPO market is currently in a delicate place, as investors look to balance dema...Reuters
Wed, Apr 2
Coinbase Circles USDC Profits, Highlights New Crypto to Explode
What happens if you build the second-largest stablecoin in the world, with over $60B in market cap – but someone else earns most of the profits? That’s exactly the situation that Circle finds itself in with $USDC. But while it’s a bit awkward for Circle, $USDC’s success highlights a major crypto win...Bitcoinist
Wed, Apr 2
China to explore the use of blockchain technology to promote the “on-chain” of key data
China applied privacy computing to the sharing of credit information to reduce the risk of information leakage. The country will explore the use of blockchain technology to promote the "on-chaining" of important data, realize data encryption processing and process flexibility.Cryptopolitan
Wed, Apr 2
