Category Archives: Crepto News

FDUSD stablecoin depegs following claims made by Justin Sun

First Digital Trust has denied Justin Sun’s claims of liquidity issues, saying it is part of “smear campaign.” News COINTELEGRAPH IN YOUR SOCIAL FEED The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, […]

Sentient open-source AI search outperforms GPT-4o and Perplexity

Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors. The company announced the public release of Open Deep Search (ODS) on April 2, describing it as a high-performance, developer-friendly alternative to platforms like Perplexity AI and OpenAI’s GPT-4o. […]

Bitcoin breaks $86K as US tariff ‘Liberation Day’ risks 11% BTC price dip

Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin teases breakout in US tariff countdown Data from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28. Volatility […]

Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment

Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network’s utility token. The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, […]

70% chance of crypto bottoming before June amid trade fears: Nansen

The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations, which have been limiting investor sentiment in both traditional and digital markets. US President Donald Trump is set to detail on April 2 his reciprocal import tariffs, measures aimed at reducing the country’s estimated […]

Trader uncovers signs XRP price may have bottomed — Is a rally to $3.80 next?

XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02. The price then increased by 9% to $2.20 before retracing to the current levels. Has the popular altcoin finally bottomed out, or is there a deeper retracement in the cards? XRP bullish divergence on multiple timeframes The […]

Bitcoin can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes

Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world’s first cryptocurrency. Bitcoin’s (BTC) 2025 price rally may be boosted by the US Federal Reserve pivoting to quantitative easing (QE), when the Fed buys bonds and pumps money […]

Cointelegraph Bitcoin & Ethereum Blockchain News

Measuring decentralization in blockchain Decentralization involves spreading control and decision-making across a network instead of a single authority.  Unlike centralized systems, where one entity controls everything, decentralized blockchains distribute data among participants (nodes). Each node holds a copy of the ledger, ensuring transparency and reducing the risk of manipulation or system failure. In blockchain, a […]

GameStop finishes $1.5B raise to add Bitcoin to its balance sheet

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to raise at least $1.3 billion, but purchasers opted for an additional $200 million aggregate principal amount of notes, GameStop said in an April 1 filing with […]

SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange’s Gemini Earn program, saying they want to discuss a potential resolution.  In an April 1 letter to New York federal court judge Edgardo Ramos, lawyers representing the SEC and Genesis requested a 60-day hold on […]