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Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil

The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the…

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Deutsche Bank Survey: Over Half Expect Crypto to Become ‘Important’ Asset Class and Payment Method

A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect…

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$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC

Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin…

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Mysten Labs Announces Suiplay0x1, a Web3 Enabled Gaming Handheld

Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal…

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A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis…

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Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop

On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of…

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Stablecoin Market Expands by $4.46 Billion in 12 Days

In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase…

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Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving

As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week.…

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