ProShares has confirmed plans to launch a set of XRP futures-based exchange-traded funds (ETFs) by April 30, according to an updated April 15 filing with the US Securities and Exchange Commission (SEC). According to the filing, the asset management firm plans to introduce three futures-based funds: the ProShares UltraShort XRP ETF, the ProShares Ultra XRP […]
The post ProShares taps into XRP’s momentum with new futures ETFs set for April 30 launch appeared first on CryptoSlate.
The crypto market saw over $240 million in total liquidations over the last 24 hours, as longs faced mass closures across all exchanges. Data from CoinGlass shows that Bitcoin futures accounted for most losses, with roughly $54.5 million in positions wiped out. Ethereum followed closely, accounting for around $49.8 million, while other coins contributed to […]
The post Overextended longs saw $240M in liquidations as Bitcoin dipped to $83,000 appeared first on CryptoSlate.
Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion.Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013.Gold beats records as Bitcoin ETFs slumpAs the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility.BoA figures show inflows to gold funds beating records, with data from Cointelegraph Markets Pro and TradingView capturing new all-time highs for XAU/USD near $3,300 per ounce on April 16.“Gold fund net inflows have hit a record $80 BILLION year-to-date. This is 2 TIMES more than the previous high set in the full year 2020,” Kobeissi noted. “Investors are pouring money into gold at a record pace as the market uncertainty has skyrocketed. As a result, gold prices have rallied 22% year-to-date and have outperformed every other major asset class.”Gold fund flows chart. Source: The Kobeissi Letter/XBTC price action, by contrast, paints a very different picture. Despite the appearance of the US spot Bitcoin exchange-traded funds (ETFs) and growing global integration, BTC/USD reached five-month lows earlier in April.Data from onchain analytics platform Glassnode calculates that the ETFs’ combined assets under management fell from $106 billion at the start of the year to $92 billion this week.“Gold prices have also hit 52 all-time highs over the last year, posting the best streak in 12 years,” Kobeissi concluded. “Gold is the global safe haven.”US spot Bitcoin ETF balances. Source: GlassnodeGold “terminal top” meets Bitcoin bullsDespite its repeated new records, however, market commentators already see gold’s unprecedented upside coming to an end.Related: Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'Addressing the topic on X this week, veteran trader Peter Brandt called a “blow-off top” on XAU/USD.“Gold has now entered its blow-off stage,” he summarized. “Such rapid advancement will come to a terminal top, but attempting to pick a high can be very expensive. Blow off tops can extend well beyond a bear's ability to meet margin calls.”XAU/USD 1-day chart. Source: Peter Brandt/XA gold comedown may well leave room for Bitcoin to catch up, per a popular theory that says that BTC/USD copies gold trends with a delay of several months.Great chart from my Partner, David Foley.Shows how Gold moves first, Bitcoin follows harder. Scale different for each.@DAAF17 pic.twitter.com/jHMe6apewj— Lawrence Lepard (@LawrenceLepard) April 13, 2025“Nobody really knows why that happens,” Professional Capital Management founder and CEO Anthony Pompliano told CNBC on April 15.Pompliano suggested that traditional financial entities were either unauthorized or simply “not used” to the idea of Bitcoin as protection against macro uncertainty.“What we do see though is that when gold runs, about 100 days later or so, Bitcoin not only catches up; it usually runs much harder, and so you get that higher volatility,” he said.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
On the higher time frame, Bitcoin appears to still be in a bearish market with the asset recording a 21.7% decrease away from its all-time high (ATH) above $109,000 recorded in January. However, when slightly zoomed in, it is seen that the asset is seeing a gradual and steady rebound surging 6.8% in the past week to bring its asset closer to the psychological $90,000 mark with a current trading price hovering above $85,000. The latest analysis from CryptoQuant analyst Crypto Dan offers context for this cautious optimism. In a post titled “Why does this cycle feel so boring?”, Dan explained that, unlike previous bull cycles that featured fast-paced rallies and surging interest from short-term participants, the current cycle appears subdued. Related Reading: Bitcoin Lags Gold As Wall Street Doubts Persist, Claims Expert Why The Current Cycle Is Different One major indicator supporting Dan’s observation is the notably lower percentage of Bitcoin held for short durations (1 week to 1 month), reflecting minimal engagement from newer market entrants. Dan attributes this behavioral shift to two primary structural changes. First is the macroeconomic environment. In contrast to the aggressive liquidity injections and near-zero interest rates of the 2020–2021 period, the current market faces tight liquidity and high interest rates, reducing the pace and scale of capital inflows. Second is the transition in market leadership from retail traders to institutional investors. The approval and growing adoption of Bitcoin exchange-traded funds (ETFs) have transformed the nature of capital movement into the space, making price movements more measured and incremental. As a result, the market’s development is more cautious, lacking the euphoria typically seen in previous cycles. Dan emphasized that while some on-chain metrics may suggest a cycle top, the current structure could instead be pointing to a more extended and gradual market evolution. He suggested that long-term patience, rather than short-term speculation, may yield better outcomes under these conditions, noting: In times like this, what matters most isn’t chasing quick pumps— It’s understanding the slower structure and having the patience to stay with it. Bitcoin On-Chain Metrics Signal Strength Despite Unusual Cycle Supporting this longer-term perspective, another CryptoQuant analyst elcryptotavo noted that a key on-chain metric remains strong. According to his analysis, over 70% of the Bitcoin supply remains in profit—a level historically associated with price stability. This metric tracks the percentage of circulating BTC with a cost basis below the current market price. A supply-in-profit ratio that remains elevated, particularly above the 70% mark, has often served as a foundation for further upward momentum. Elcryptotavo added that the next target is to push this metric back toward the 80% level, which would reinforce bullish momentum and possibly sustain the current upward trend. Related Reading: Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 If this threshold is achieved alongside improving macro conditions and continued ETF inflows, Bitcoin could see renewed strength even in the absence of speculative enthusiasm. Featured image created with DALL-E, Chart from TradingView
Analysts expect occasional market dips to occur until tariff tensions ease. Coin Bureau's founder said a slight bitcoin dip may be "healthy."
Traditional metrics for bear markets may not fully capture shifts in investor sentiment and market structure in the crypto space.
According To Google Finance Today, gold has surged past the crucial $3,300 all-time high, marking a significant milestone in its ongoing rally. The sharp upward movement has energized investors, especially gold enthusiasts. Notably, outspoken gold advocate Peter Schiff has seized this moment to question the future of Bitcoin. He has even urged investors to sell …
The 2025 US-China trade war On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping new import tariffs.Dubbed “Liberation Day,” the policy set a baseline 10% tariff on all foreign goods, with a massive 145% rate on products from China. The move was framed as a way to fix long-standing trade imbalances and protect national industries.China responded almost immediately. Tariffs on US imports jumped to 125%, and restrictions were introduced on the export of rare earth elements, materials essential to global manufacturing. Within days, trade between the world’s two largest economies had slowed dramatically.The markets didn’t take it well. The S&P 500 dropped 15% in under a week. The Nasdaq was down nearly 20% for the year by April 7. Investors were rattled by the scale of the escalation and the potential knock-on effects on global growth.Crypto didn’t stay quiet either. As stocks fell and uncertainty spread, Bitcoin (BTC) saw a surge in trading volumes, with many turning to digital assets as a hedge.What follows is a closer look at how these trade tensions hit financial markets, starting with traditional stocks and then crypto. Trade wars' impact on stocks Markets don’t like surprises – and they really don’t like trade wars. When the US announced its 145% tariff on Chinese imports in April 2025, the response from Wall Street was swift and brutal. The S&P 500 tanked more than 10% in just two days. Tech stocks took it even harder, with the Nasdaq shedding nearly 20% since the start of the year.Still, if you’ve watched the markets through past trade fights, this was all pretty familiar. In 2018–19, during the first round of US-China tariff battles, every tweet about negotiations or new duties sent stocks whipsawing. And if you zoom way out, the Smoot-Hawley Tariff Act of 1930 is one of the earliest and most notorious examples as tariffs piled up, global trade shrank and the Great Depression got worse.So why do stocks get hit so hard? A few reasons. Tariffs raise the cost of imported goods, which squeezes profit margins for companies that rely on international supply chains. When a carmaker or electronics brand has to pay more for components, that cost either eats into profits or gets passed on to customers. Either way, it’s bad news for earnings, and earnings are what drive stock valuations.There’s also the fear factor. Trade wars inject a lot of uncertainty into the economy. Will more tariffs follow? Will other countries retaliate? That kind of unpredictability causes companies to delay investments and hiring, while consumers may start pulling back on spending. This shows up as increased market volatility, often tracked by the VIX, Wall Street’s so-called “fear index,” which tends to spike in times like this.Central banks sometimes try to cushion the blow by tweaking interest rates or injecting liquidity. But there’s only so much they can do when the root of the problem is political. Did you know? On April 9, 2025, Trump announced a 90-day pause on new tariffs for most countries. He explained the pause by saying people were getting "a little bit yippy," his way of describing nervousness in the markets. When tariffs hit, crypto takes a punch, then bounces back The tariffs hit crypto, too, but the market recovered just days later, reflecting crypto’s volatile yet responsive nature during global uncertainty.After Trump’s new tariffs were announced, Bitcoin slid to around $76,000. Ethereum and other major tokens followed suit, and around $200 billion was wiped off the total crypto market cap in a few days.Again, this kind of sell-off isn’t unusual. When uncertainty spikes – like during a sudden escalation in global trade tensions – investors tend to play it safe. That means pulling out of more volatile assets, including crypto, and moving into what’s seen as safer ground, like cash or bonds. It’s a classic “risk-off” move.But as you've seen before, crypto doesn’t stay down for long. By mid-April, Bitcoin had bounced back and was trading at just under $85,000. Ether (ETH), XRP (XRP) and other major altcoins also recovered some ground. For many investors, this rebound was a reminder that while crypto is volatile, it’s also increasingly viewed as a valuable hedge, something outside the reach of any government or policy decision.In 2018–19, during an earlier round of US-China tensions, Bitcoin showed similar patterns: short-term drops followed by fast recoveries. And earlier in 2025, new tariffs on Canadian and Mexican imports triggered a dip that quickly reversed.Stocks, meanwhile, tend to have a tougher time recovering. As of April, the S&P 500 is down nearly 9% for 2025, and the Nasdaq is off more than 13%. There was a brief lift after the US paused some tariffs for 90 days, but overall, the mood in equity markets remains shaky. What trade wars mean for supply chains and consumers The ripple effects of the 2025 trade war are grinding through global supply chains, one industry at a time. From electronics to autos to medicine, the cost of moving goods worldwide is rising. Let’s talk about a few industries in particular. Trade wars' impact on electronics and semiconductorsElectronics are at the heart of it. In 2024, the US imported $146 billion of electronics from China. With tariffs on those goods jumping, companies could be looking at an added $182 billion in annual costs if these rates stick around.This is also a problem for consumers. Take Apple, for example. With no lasting exemption for phones, an iPhone 16 Pro Max could climb from $1,199 to over $1,800. Add in uncertainty about future duties on laptops, chips and smart devices, and the entire sector is on edge. Trade wars’ impact on the automotive industryCarmakers are in a similar bind. The US has raised tariffs on Chinese-made vehicles from 25% to more than 100%. And it’s not just the finished cars — batteries, chips, and other parts sourced from China are also caught in the crossfire.For electric vehicle manufacturers, in particular, this is a serious hit. Chinese battery components are essential for many US and European EV brands. With supply chains suddenly tangled in red tape and higher costs, some automakers are pausing production or switching suppliers.Trade wars’ impact on pharmaceuticalsEven the healthcare system is feeling it. The US depends heavily on China for key medical supplies and pharmaceutical ingredients. With new tariffs, prices are climbing, and existing shortages are worsening.Industry experts are warning of major disruptions. Everything from common medications to hospital-grade equipment is likely to get more expensive. And in a healthcare system already under pressure, even a small bottleneck can cause big problems down the line.Did you know? European markets are already seeing signs of a spillover. Chinese exporters, locked out of the US by tariffs, are redirecting goods to Europe, especially in tech and consumer goods. Rising tariffs, shaky markets, what’s next? The big picture regarding the 2025 US-China trade war still looks hazy amid real implications for investors, business leaders and policymakers worldwide.Let’s examine the short-, medium- and long-term outlooks. Short-termThere’s been a bit of short-term relief. When the US announced exemptions on some tech products – like smartphones and laptops – from the harshest tariffs, markets breathed a sigh of relief. The S&P 500 saw an uptick, and global markets followed suit. Tech-heavy Asian indexes rallied, and European markets, including Germany’s DAX and the UK’s FTSE 100, climbed. Even US bank earnings helped push optimism a bit further.Still, it’s probably temporary. These exemptions are under review, and the bigger trade policy feels like shifting sand. Medium-termLooking ahead a bit further, the risks start to grow. If the trade conflict drags on, it could seriously slow down global growth. JPMorgan recently raised its global recession risk to 60%, and that’s no small thing. Central banks are already weighing their next moves; interest rate adjustments, coordinated actions, and contingency planning are all back on the table.Some voices, like former UK Prime Minister Gordon Brown, call for a global response similar to what we saw during the 2008 financial crisis. Meanwhile, businesses are rethinking their supply chains and scrambling to find alternatives, something that’s easier said than done.Long-term You’re seeing a pivot with nations exploring new trade deals and trying to reduce reliance on traditional powerhouses. China, for example, is pushing harder to internationalize the yuan and accelerate its Belt and Road Initiative. Conversely, the US is leaning into domestic manufacturing and trying to reduce its dependence on imports.And the consequences could be massive. The WTO has warned that trade between the US and China could shrink by as much as 80%. That’s a huge shift, considering these two countries account for about 3% of global trade. If that drop materializes, it could rattle the global economy.
Tech stock futures fell as the U.S. imposed tariffs of up to 245% on Chinese imports while gold hit a record high and Nvidia plunged on export control fallout.
However, crypto prices may find a floor in mid-to-late Q2 — setting up a better Q3 — Head of Research David Duong said.
China has built up a large stash of cryptocurrencies from illegal activities, and now local governments are looking for ways to sell off the holdings. Courts and financial industry have raised concerns calling out on clearer rules to handle these digital assets. Despite its 2021 ban on crypto trading, recent reports reveal that China has …
Gold prices continue to climb, reaching new record highs above $3,300, driven by trade uncertainties and US recession fears. Weakened confidence in US policies, particularly amid President Trump’s shifting tariffs, has further boosted demand for the safe-haven asset. Additionally, speculation that the Federal Reserve may ease policy in 2025 has pressured the US Dollar. Investors …
S&P 500 futures extended losses early Wednesday with a 1.6% intraday drop, falling to 444.32 and erasing nearly two days of gains. The move came as investors digested rising uncertainty surrounding U.S. trade policy, including potential new tariffs targeting Chinese semiconductors and pharmaceuticals. As of 8:00 A.M. GMT, futures on the benchmark index were down […]
The post S&P 500 futures fall further as Bitcoin lags all major asset classes over last 24 hour appeared first on CryptoSlate.
The Supreme Court of India has dismissed a criminal petition against WazirX and its co-founder, Nischal Shetty, related to a Rs 2000 crore cyber hack in July 2024. The petitioners accused WazirX, Binance, and Liminal Custody of negligence over Rs 4500 crore in cryptocurrencies. Over 4.4 million Indian users have had their funds stuck on …
A human and machine view of the markets today.
Story Highlights The live price of the Status crypto is . The SNT price could reach a maximum of $0.05204 in 2025. Status price with a potential surge, may reach a high of $0.27989 by 2030. Bulls are dominating some of the altcoins in the crypto market, and it looks like the post-Bitcoin halving uptrend. …
Data shows the Bitcoin Net Taker Volume has been highly positive on Binance recently, a sign that the bulls are putting up aggressive bets. Bitcoin Binance Net Taker Volume Is Currently At A Notable Positive Level As explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin taker buyers have dominated the Binance platform during the last few days. The indicator of relevance here is the “Net Taker Volume,” which measures the difference between the taker buyer and taker seller volume on any given centralized exchange. When the indicator has a positive value, it means the taker buyers are outweighing the taker sellers on the platform. This kind of trend implies a bullish sentiment is shared by the majority of the users. Related Reading: Behind The Mantra (OM) Collapse: Glassnode Reveals The On-Chain Side Of Things On the other hand, the metric being under the zero mark suggests a bearish mentality is dominant on the exchange as the short volume is larger than the long volume. Now, below is the chart shared by the analyst that shows the trend in the 7-hour moving average (MA) Bitcoin Net Taker Volume for the largest exchange in the cryptocurrency sector: Binance. As displayed in the above graph, the Bitcoin Net Taker Volume has mostly remained inside the positive territory since April 11th. The metric’s green values haven’t been small, either, which suggests the futures users have been placing some aggressive bullish bets on the platform. The shift toward the positive sentiment on the exchange has come as BTC has been making recovery following the news of the 90-day pause on the tariffs for most countries. Historically, Bitcoin has tended to move in the direction that the crowd least expects, so this bullish mood may actually prove to be a bad sign for the recovery rally. It only remains to be seen, though, whether a top would now be hit or if the bet of these investors would pay off. In some other news, the 30-day of the Bitcoin Market Value to Realized Value (MVRV) Ratio has hit the lowest level in six months, as an analyst has pointed out in a CryptoQuant Quicktake post. The MVRV Ratio is an indicator that basically tells us about the profit-loss status of the Bitcoin investors. From the chart, it’s apparent that the 30-day value of this metric has plunged recently, suggesting holder profitability has declined. Related Reading: Cardano Could Drop To $0.54 If This Support Gives Out, Analyst Says The same level as now was also reached at a couple of points last year and BTC formed a bottom during both of those instances. As such, it’s possible that this trend could once again prove to be bullish for the cryptocurrency. BTC Price At the time of writing, Bitcoin is floating around $85,800, up more than 8% in the last seven days. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin and other major cryptos like Ether, XRP, Solana, Dogecoin and Cardano also dropped over 3% early Wednesday as traders booked profits after Tuesday’s price rally. The total crypto market cap fell over 4% in the past 24 hours to $2.73 trillion as per data from Coingecko. Bitcoin was down to $83,600 from $84,200 while …
Binance has announced that, after a recent review, it will be delisting the RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC spot trading pairs. The delisting will take place on April 18 at 03:00 UTC. This decision comes as part of the exchange’s ongoing review of trading pairs to ensure a streamlined experience for its users. Traders …
Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research.While many crypto analysts predict new Bitcoin (BTC) all-time highs by June, Markus Thielen said in an April 14 markets report that he is skeptical, pointing out that onchain data signals “more of a bear market environment than a bullish one.”Short-term indicators signal potential market topThielen said the Bitcoin stochastic oscillator — which compares a particular closing price to a range of prices over a specific period to determine momentum — shows patterns “more typical of a market top or late-cycle phase rather than the early stages of a new bull run.”Bitcoin is trading at $83,810 at the time of publication. Source: CoinMarketCap“As a result, short-term signals are not aligning with longer-term indicators, highlighting the disconnect in the market outlook,” Thielen said.“Bitcoin is no longer a parabolic ‘Long-Only’ retail-driven market,” he added, explaining it now “demands a more sophisticated, finance-oriented approach.”“Bitcoin’s rally over the past year hasn’t been driven by typical ‘crypto-bro’ speculation but by long-term holders seeking diversification and adopting a buy-and-hold strategy,” Thielen said. Over the past 12 months, Bitcoin is up 32.80% and is trading at around $83,810 at the time of publication, according to CoinMarketCap.Bitcoin price action may repeat 2024 patternThielen reiterated his stance that Bitcoin may consolidate for an extended period, much like it did in 2024. “Despite our cautious optimism, we view Bitcoin as trading within a broad range of $73,000 to $94,000, with a slight upward bias,” he said.In March 2024, Bitcoin reached its then-all-time high of $73,679 before entering a consolidation phase, swinging within a range of around $20,000 until Donald Trump won the US elections in November.Related: Bitcoin price recovery could be capped at $90K — Here’s whyMany crypto analysts are eyeing June as the month when Bitcoin could surpass its current all-time high of $109,000, which it reached in January just before Trump’s inauguration.Swan Bitcoin CEO Cory Klippsten told Cointelegraph in early March that “there’s more than 50% chance we will see all-time highs before the end of June this year.”Sharing a similar view, Bitcoin network economist Timothy Peterson and Real Vision chief crypto analyst Jamie Coutts have also marked June as when Bitcoin could reach a new high.“It is entirely possible Bitcoin could reach a new all-time high before June,” Peterson said.Meanwhile, Coutts said, “The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out.”Magazine: Riskiest, most ‘addictive’ crypto game of 2025, PIXEL goes multi-game: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Chipmaking giants Nvidia and AMD have seen their share prices slide in after-hours trading after Nvidia said US restrictions on artificial intelligence chips to China would cause it to face major costs.Nvidia stated in an April 15 regulatory filing that it is expecting around $5.5 billion in charges associated with its AI chip inventory due to significant export restrictions imposed by the US government affecting the company’s business with China. Nvidia said that the US government informed it on April 9 that export licenses are now required for its popular H20 integrated circuits and any chips with similar bandwidth capacity.“First quarter results are expected to include up to approximately $5.5 billion of charges associated with H20 products for inventory, purchase commitments, and related reserves.”The restrictions specifically mention China, Hong Kong and Macau, and the government indicated that the license requirement “addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China.” The H20 is the most advanced AI chip Nvidia can export to China under previous export rules. Government officials have been calling for stronger export controls on the chip, which was reportedly used to train models from China-based AI startup DeepSeek. The Trump administration initially put the restrictions on hold following President Donald Trump’s meeting with Nvidia CEO Jensen Huang earlier this month, NPR reported. Related: Nvidia's stock price forms ’death cross’ — Will AI crypto tokens follow?On April 14, Nvidia announced that it would spend hundreds of millions of dollars over the next four years manufacturing some AI chips in the US. However, that has not prevented the stock slump in light of the latest filing and predicted impact on its upcoming revenue report. “Truly no company is safe from tariffs,” commented the Kobeissi Letter. Nvidia’s first quarter of fiscal year 2026 ends on April 27.Nvidia, AMD stocks slump after hours Shares in Nvidia (NVDA) fell 6% in after-hours trading on April 15 to $105, according to Google Finance.Nvidia’s share price is down 22% so far this year, slumping in a wide market rout caused by Trump’s escalating trade war and tariff threats. NVDA price tanks in after-hours trading. Source: Google FinanceRival chipmaker Advanced Micro Devices (AMD) saw a similar share price drop, falling more than 7% to $88.55 in after-hours trading. AMD shares have declined by more than 25% since Jan. 1. Magazine: Illegal arcade disguised as … a fake Bitcoin mine? Soldier scams in China: Asia Express
Local governments in China are teaming up with private firms to sell seized cryptocurrencies in offshore markets, turning them into cash to bolster public funds, reports Reuters. By the end of 2023, they held about 15,000 BTC worth $1.4 billion, making these sales a vital income source. With a total of 194,000 BTC valued at …
One of the most anticipated token unlocks of April is happening today, as PI Network prepares to release 2.8 million PI tokens into circulation. With the price currently sitting 79.62% below its all-time high, investors are watching closely to see how the market reacts. PI Token Unlock: What You Should Know According to PI Scan, …
Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books.Meliuz, which provides cashback and financial technology services, is taking the plan to make Bitcoin (BTC) the primary strategic asset in the firm’s treasury to shareholders in a meeting slated for May 6, according to a translated April 14 statement.The company said its core business will remain unchanged, but “the generation of cash from operations is fundamental to the strategy of acquiring more Bitcoin over time.” If shareholders approve the measure, Bitcoin will be adopted as the firm’s main strategic treasury asset, but it will also look to foster “the incremental generation of Bitcoin for its shareholders, whether through the generation of operating cash or through possible financial transactions and strategic initiatives.” Shareholders who disagree with the new direction and held their shares before April 14 can request reimbursement. Meliuz shares jump on Bitcoin planIn the trading session after its new Bitcoin plan was announced, Meliuz (CASH3) jumped over 14% from 3.28 Brazilian reals ($0.56) to 3.76 Brazilian reals ($0.64) on the Brazilian Stock Exchange, according to Google Finance.In total, Meliuz’s share price has spiked up over 27% in the last five days to 3.85 Brazilian reals ($0.65).Meliuz’s share price has risen over 27% in the last five days, including a 14% spike after its new Bitcoin plan was revealed. Source: Google Finance Meliuz purchased Bitcoin for the first time in March after its board of directors approved using up to 10% of the company’s cash for Bitcoin, purchasing 45 BTC for about $4.1 million.Related: Corporate Bitcoin treasuries drop more than $4B on US tariff hike impactThe amount of Bitcoin held on the books of publicly traded companies rose by 16.1% in the first quarter of 2025, according to Bitwise. Public companies bought around 95,431 Bitcoin over the quarter, increasing the total holdings across all company’s balance sheets to around 688,000. Meliuz was among 12 firms that added Bitcoin to their balance sheets for the first time in Q1 20025, joining the likes of video-sharing platform Rumble.Michael Saylor’s digital asset firm, Strategy, has also continued its long-term strategy of acquiring more Bitcoin with its most recent April 14 purchase consisting of 3,459 Bitcoin bought for $285.5 million. Asia Express: Bitcoiner sex trap extortion? BTS firm’s blockchain disaster
Janover's Solana holdings now total 163,651.7 SOL — valued at $21.2 million, inclusive of staking rewards.
XRP is no longer waiting for a green light, it’s pushing ahead. Multiple major asset managers, including ProShares and Bitwise, have now filed to launch XRP ETF, signaling a wave of institutional interest in the cryptocurrency. The most talked-about filing is from ProShares, which applied for a futures-based “Short XRP ETF,” aiming for a launch …
Coinbase called on Australia to back crypto reform in the May 3 vote, warning lack of regulation is driving talent and capital offshore.
Semler Scientific, a publicly traded company, has filed with the SEC to raise up to $500 million, mainly for corporate purposes, including Bitcoin purchases. Similarly, Metaplanet Inc., a Japanese firm, is raising $10 million through 0% bonds to buy more Bitcoin. These moves highlight the increasing corporate interest in Bitcoin as a key investment asset, …
A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.
Bitcoin has experienced a notable rebound over the past week, following a brief period of downside pressure earlier this month. After dropping below $80,000 amid the tariff turmoil, the asset has regained its losses and is now trading above $85,000. This recovery marks a nearly 10% surge over the last seven days and comes as investors reassess macroeconomic cues and on-chain signals. Related Reading: Bitcoin Price Forecast: What Experts Anticipate Following The Jump Toward $85,000 Bitcoin On-Chain Trends Indicate Continued Uptrend The market’s resilience appears to be underpinned by several important metrics. According to a recent post by CryptoQuant analyst BorisVest, various on-chain indicators continue to suggest that Bitcoin remains undervalued in the current cycle. The analysis points to declining exchange reserves, a stablecoin supply ratio that suggests available liquidity for new purchases, and normalized funding rates that may indicate a reduced risk of overheated market conditions. One of the striking observations in BorisVest’s analysis is the ongoing reduction in exchange-held Bitcoin reserves, which have now returned to levels not seen since 2018. The total number of BTC on exchanges stands at around 2.43 million, significantly down from the 3.4 million observed during the 2021 bull market peak. This reduction implies a shift toward long-term holding behavior among investors, limiting available supply for immediate sale and potentially contributing to upward price pressure. In addition, the Stablecoin Supply Ratio (SSR) currently stands at 14.3. The SSR is a metric used to gauge the purchasing power available in the market via stablecoins. A lower SSR indicates higher purchasing power and potential for further buying activity. Since the SSR has not reached the elevated levels seen during the last cycle’s peak, the data implies that capital remains on the sidelines and could be deployed as prices stabilize or rise. Normalized Funding Rates and Bullish Implications Another significant factor highlighted in the report is the normalization of funding rates. During Bitcoin’s recent all-time highs, funding rates spiked as long positions accumulated rapidly, suggesting an overheated market and increased short-term risk. However, since the correction, these rates have returned to neutral territory, now hovering between 0.00% and 0.01%. This return to balance is interpreted as a reset of market sentiment, reducing the likelihood of immediate downside caused by over-leveraged longs. The report concludes that the combination of declining exchange reserves, a stable SSR, and subdued funding rates supports a constructive outlook for Bitcoin in the near term. Related Reading: Strategy’s Bitcoin Portfolio Grows To Nearly 600,000 BTC After Recent Purchase While broader macroeconomic factors, such as the global tariff environment and monetary policy, will continue to influence sentiment, current on-chain dynamics suggest that investor confidence remains intact. The focus now shifts to whether these conditions will translate into sustained upward momentum or if a period of consolidation will take hold before the next major move. Featured image created with DALL-E, Chart from TradingView