Author: James Wilson

U.S. stocks opened higher on Wednesday April 23, 2025, with this happening amid a broader market reaction to latest tariffs news and comments on Federal Reserve chair Jerome Powell from President Donald Trump. The Dow Jones Industrial Average rose 2.2%, gaining nearly 900 points, while the benchmark S&P 500 jumped 2.7%. Meanwhile, tech-heavy Nasdaq Composite opened more than 3.6% up as earnings and overall investor sentiment buoyed markets. Among top stock gainers in premarket trading were Tesla (TSLA), Nvidia (NVDA), Palantir Technologies (PLTR) and Apple (AAPL). Investors are also watching IBM, Boeing, and AT&T, which are headlining corporate earnings on…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rallies on Coinbase futures debut and ETF buzz, while Yeti Ouro gears up for a major presale milestone with stage 4 launching tomorrow. XRP is seeing renewed strength in post-tariff markets as Coinbase went live with XRP futures trading, while Yeti Ouro (YETIO) is nearing an important milestone with Stage 4 presale kicking in tomorrow. Ripple’s token gains steam thanks to futures listing, ETF rumors Coinbase Derivatives introduced regulated XRP futures contracts today in an official launch that…

El Salvador’s National Commission on Digital Assets, in collaboration with U.S. law firm Perkin Law Firm and former Goldman Sachs partner Heather Shemilt, has proposed a cross-border crypto regulatory sandbox to the U.S. Securities and Exchange Commission. The initiative, disclosed in SEC Crypto Task Force meeting minutes on April 22, is designed to provide the SEC with real-time data and insights from regulated digital asset activity in El Salvador. The sandbox would allow U.S. and Salvadoran regulators to jointly observe small-scale tokenization projects under El Salvador’s digital asset regime, which has evolved over the past five years. CNAD has developed…

The National Hockey League has named Ndax, one of Canada’s largest crypto exchanges, as the Official Crypto Exchange Partner for the 2025 Stanley Cup Playoffs.  The deal marks the NHL’s first partnership with a crypto platform and Ndax’s first foray into professional sports sponsorship, according to a note shared with crypto.news As part of the agreement, Ndax will receive prominent brand exposure throughout the 2025 Stanley Cup Playoffs in Canada. Its logo will appear in the NHL’s camera-visible corner in-ice brand positions during all Canadian playoff games. “We’re integrating Ndax throughout the playoff atmosphere—with digital rink boards, in-arena logos, and…

While most of the crypto market experienced a bullish rally, PumpBTC unexpectedly plunged 40%, a sharp decline that caught many investors off guard, especially amid positive listing news. On Wednesday, April 23, PumpBTC, a DeFi token that recently launched on Binance, crashed 40% in 24 hours with no immediate news-based catalysts. The 40% crash came despite recent positive listing news. The same day of the crash, BingX listed the PumpBTC token on its spot crypto exchange. What is more, just one day prior, Korean crypto exchange Bithum also listed the token. PumpBTC’s price in the last 24 hours | Source:…

SOL Strategies Inc. has secured a financing facility of up to $500 million through a convertible note agreement with ATW Partners, the company announced Wednesday. The publicly traded firm, which focuses on investments and infrastructure for the Solana (SOL) blockchain, said the funds will be used exclusively to purchase SOL tokens and support the company’s validator operations. The first tranche of the facility will provide $20 million in capital, with additional drawdowns of up to $480 million available pending certain conditions.  The initial closing is expected to occur on or around May 1, 2025, according to a release shared with…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A stealthy crypto newcomer, XYZVerse is drawing top Ethereum insiders — small bets today may mean massive gains tomorrow. A quiet newcomer in the digital currency space is catching the eye of Ethereum’s top insiders. With just a small investment, there’s talk of massive returns. What’s fueling this buzz around XYZVerse, and why are industry leaders betting big on its potential? Delve into the factors that could make a modest stake today transform into a fortune tomorrow. XYZ gears…

Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70. Ethena (ENA) is up over 17% over the past 24 hours, currently trading at $0.34. Today’s surge comes after a clear breakout from a long-forming falling wedge pattern on Tuesday, with a bullish marubozu candle piercing the upper trendline and pushing price above both the 20-day EMA. Today’s candle is also challenging the 50-day SMA, indicating a shift in medium-term momentum. This breakout is supported by momentum indicators, with the RSI…

CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the past three days. At current market prices, the accumulated amount of BTC positions is worth $5.34 billion. “This is the largest liquidity increase in the past year,” said Adler. According to data from CoinGlass, in the past 24 hours, long positions on Bitcoin have gone…

Companies are racing to capture the intersections between Web3, AI, DePIN, RWAs, and more, which is why iExec is investing in developers. In a crowded race to integrate blockchain with real-world industries, iExec is taking a direct approach by launching a dedicated fund for developers, crypto.news can exclusively report. on Wednesday, DeFi platform iExec announced a 1 million RLC ecosystem fund, equivalent to approximately $1.22 million. The fund will support developers working in key industry sectors and will mostly back projects in key areas such as decentralized physical infrastructure, artificial intelligence, and decentralized finance. Additionally, projects focusing on real-world asset…