Cryptocurrency exchange BitMEX has announced the introduction of commission-free Bitcoin spot trading. This promotion will remain in effect until the price of Bitcoin hits $100,000. The move aims to attract more users to the platform and increase trading activity within the Bitcoin market.
Gitcoin, a prominent Ethereum-based platform, is restructuring due to financial constraints and evolving Web3 landscapes. The platform is set to shut down its software division, Gitcoin Labs, by May 31, 2025. This decision reflects a strategic shift towards prioritizing its grants program, a move driven by profitability challenges and personnel changes. The specific reasons behind the restructuring, alongside the shifting focus, highlight the dynamic nature of the web3 space.
Digital souvenirs, primarily NFTs, are transforming how we collect and own memories. Built on blockchain technology using smart contracts and standards like ERC-721, they offer unique ownership, provenance, and security. Benefits include global accessibility, liquidity, and programmability. Examples like NBA Top Shot and Hadestown collectibles demonstrate their potential. The article explores the future of these digital assets and their integration with experiences.
Spot Bitcoin ETFs experienced a dramatic turnaround, attracting over $3 billion in net inflows between April 21st and 25th. This surge in institutional investment marks a significant shift from previous weeks’ sluggish demand. The increased interest in Bitcoin ETFs is directly correlated with a recent price breakout, signaling growing confidence in the cryptocurrency market and potentially leading to record-breaking investment flows in 2025.
A recent report from the Cambridge Centre for Alternative Finance indicates that over 50% of Bitcoin mining energy consumption comes from sustainable sources. This highlights a growing trend within the industry towards renewable energy. The report also notes increased diversification and innovation in operational metrics, suggesting a push for long-term resilience within the Bitcoin mining sector.
ProShares’ planned XRP futures exchange-traded funds (ETFs) will not launch on April 30th, according to a statement from Bloomberg analyst James Seyffart. While the U.S. Securities and Exchange Commission (SEC) has approved the ETFs, a confirmed launch date is still pending. The article clarifies that despite the approval, the products will not be available for trading as previously anticipated, leaving investors awaiting further announcements.
TRON DAO is the Platinum Sponsor of the Harvard Blockchain Conference 2025, organized by the Harvard Undergraduate Blockchain Club. The conference brought together 350 participants, including students and industry professionals. This sponsorship highlights TRON DAO’s commitment to fostering innovation and supporting the development of future leaders in the blockchain and AI sectors. The event provided a platform for networking and exploring advancements within the rapidly evolving digital asset space.
Arizona’s legislature has passed a bill establishing a strategic Bitcoin reserve, making it the first state to do so. The bill, which saw votes largely split along party lines, allows the state treasury to invest public funds in Bitcoin. The legislation is now awaiting approval from the Governor.
Fidelity Digital Assets’ Q2 outlook highlights contrasting trends for Bitcoin (BTC) and Ethereum (ETH). Despite Bitcoin’s recent decline from its all-time high, Fidelity anticipates a period of stability. Conversely, the report suggests potential growth opportunities for Ethereum. The analysis is based on market performance in the first quarter, offering insights into the future of these leading cryptocurrencies.
Custodia Bank CEO Caitlin Long alleges the US Federal Reserve is enacting policies that favor big banks in the stablecoin market, despite claims of easing crypto regulations. She criticized the Fed for rescinding some restrictive crypto policies while maintaining a rule from January 2023 that restricts banks from directly interacting with digital assets. This, according to Long, creates an uneven playing field that benefits established financial institutions over newer crypto-focused entities.