April 16, 2025

OKX Returns to US Market Following $505M DOJ Deal

OKX announced on Tuesday that it is reopening its U.S. crypto exchange and introducing a new Web3 wallet for American users. The move follows a $505 million deal with the U.S. Department of Justice (DOJ) earlier this year. The Launch Details “We’re officially launching in the U.S. with our centralized exchange and powerful multi-chain Web3...
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Crypto Takes Off in Panama: City to Accept Bitcoin, Ethereum for Public Services

Panama City’s council is all set to accept cryptocurrency payments for taxes, fees, tickets, and permits. The decision, announced on April 16th, marks a significant step in Panama’s integration of digital currencies into everyday public services. The city will initially accept major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), as well as stablecoins like USD...
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Datai Network Takes the Stage at Google HQ Hong Kong for “Unlocking the Future of AI on BNB Chain”

[PRESS RELEASE – Hong Kong, Hong Kong, April 16th, 2025] Datai Network announced its participation at the prestigious Google Cloud x BNB Chain event, Unlocking the Future of AI on BNB Chain, held at Google’s Hong Kong Headquarters. The event brought together innovators at the cutting edge of Web3 and Artificial Intelligence. Maria Mounayar, co-founder...
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PoSciDonDAO Approves First Research Funding Proposal from Rare Compute

[PRESS RELEASE – Panama City, Panama, April 16th, 2025] PoSciDonDAO, a decentralized organization dedicated to advancing scientific research, has approved its first-ever research funding proposal following the launch of its governance platform on March 19. The proposal, submitted by the Rare Compute Foundation, was made available to the DAO community for a vote and has...
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Bitget Launches Industry-First On-Chain Affiliate Program with 40% Rebates to Support Content Creators

[PRESS RELEASE – Victoria, Seychelles, April 16th, 2025] Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative program bridges centralized (CEX) and decentralized (DEX)...
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MSTR Outshines Magnificent 7 With 133% 1-Year Return Fueled By Bitcoin

In a period marked by economic turbulence, Strategy is quietly outperforming Silicon Valley’s brightest stars, delivering a staggering 133% return over the past 12 months. The company’s Bitcoin-holding plan has seen it eclipse the so-called “Magnificent Seven” tech stocks, which have slumped under the weight of a global trade war. The Bitcoin Bet Data from...
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Peter Schiff Suggests Selling Bitcoin in Favor of Gold Mining Stocks Amid Crypto Struggles

Prominent economist and gold advocate Peter Schiff, who gained notoriety for accurately predicting the 2008 financial crash, is at it again, taking another swipe at Bitcoin. In his latest commentary, Schiff is advising investors to sell all of their Bitcoin, which he deems the “epitome of risk assets,” and instead place their bets on gold...
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Diverging Trends: Bitcoin Price Recovers, But Futures Sentiment Weakens

Bitcoin experienced volatile price swings in the second part of Q1 2025 as it struggled to reclaim its record high of over $109,000. The start of Q2 was quite painful as it briefly slid to new yearly lows around $74,500. Although there’s been a slight rebound this week, sentiment among futures traders appears to have...
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This $0.025 Project Raises Over $6.75 Million — Why Top Traders Call It the Next Big Crypto

Some crypto projects build visibility through marketing. Others earn it by quietly raising millions while still under the radar. That’s precisely the case with Mutuum Finance (MUTM). With more than $6.75 million raised during its presale, top traders are paying attention—and not because of hype. At a glance, the project’s pitch seems simple: bring DeFi...
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Analyzing the Impact of BNB’s Latest Token Burn on Market Trends

TL;DR The Binance Smart Chain continues to operate as expected, and it just completed the 31st quarterly burn of BNB tokens. Although this one was the lowest in terms of BNB since October 2021, it still reaffirms the project’s goal to reduce the token’s supply to 100 million. The 31st quarterly $BNB token burn has...
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AB DAO and Bitget Launch Dual Reward Campaign, Distributing $2.6M Worth of $AB Globally

[PRESS RELEASE – Singapore, Singapore, April 16th, 2025] Today, AB DAO officially announced the launch of a dual reward campaign in collaboration with Bitget (bitget.com), the world’s second-largest digital asset trading platform. In celebration of AB’s Token Generation Event (TGE), the campaign will distribute a total of 213,307,000 $AB, valued at approximately $2.6 million USD,...
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Bitcoin Whales Have Been Buying ‘Like Never Before:’ Analyst 

Bitcoin whale activity picked up in March and April this year, observed crypto YouTuber Lark Davis on April 16. Over the past two months, large holders with a balance from 1,000 to 10,000 BTC “have been buying like never before,” he added, citing a chart from CryptoQuant. The graph shows a steep increase in whale...
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OM Jumps 30% as Mantra CEO Announces Team Token Burn to Rebuild Trust After Crash

After suffering a devastating 90% plunge a few days ago, Mantra (OM) is staging a partial rebound. CEO John Patrick Mullin has pledged to burn his entire team’s token allocation, worth hundreds of millions of dollars, as a bold move to win back community trust following a massive liquidation event that rattled the ecosystem. A...
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Ethereum Layer-2 ZKsync Airdrop Account Hacked for $5M

On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have never been at risk. “The ZKsync...
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Why This Bitcoin (BTC) Rally Isn’t Bringing the Usual Hype

The current Bitcoin cycle feels unusually subdued compared to previous bull runs. Despite price appreciation, the level of excitement and retail participation remains muted. CryptoQuant believes that an important on-chain metric underlines this shift – the percentage of BTC held for one week to one month is significantly lower than in past cycles. This suggests...
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Bitcoin (BTC) $ 105,459.26 0.43%
Ethereum (ETH) $ 2,515.47 0.47%
Tether (USDT) $ 1.00 0.03%
XRP (XRP) $ 2.18 0.23%
BNB (BNB) $ 651.80 0.70%
Solana (SOL) $ 150.93 0.37%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.184492 1.90%
TRON (TRX) $ 0.281064 0.67%
Cardano (ADA) $ 0.663458 0.56%
Bitcoin (BTC) $ 105,459.26 0.43%
Ethereum (ETH) $ 2,515.47 0.47%
Tether (USDT) $ 1.00 0.03%
XRP (XRP) $ 2.18 0.23%
BNB (BNB) $ 651.80 0.70%
Solana (SOL) $ 150.93 0.37%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.184492 1.90%
TRON (TRX) $ 0.281064 0.67%
Cardano (ADA) $ 0.663458 0.56%