Crypto

Source: Coin Tegraph A number of altcoins and memecoins saw a sharp sell-off on April Fools’ Day, April 1, with some tokens, including Act I The AI Prophecy, dropping nearly 60% in minutes. Act I The AI Prophecy (ACT), a token associated with the eponymous project focused on artificial intelligence, plunged 58% from $0.19 to…

Source: Coin Tegraph Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace. In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain development firm Peersyst Technology has confirmed the live testnet launch of an Ethereum-compatible sidechain for the XRP Ledger. The project, known as the XRPL EVM sidechain, is being propelled by a collaboration that includes RippleX—the research and development arm…

Source: Coin Tegraph Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022. Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data. This…

Source: Coin Tegraph A former executive of the Web3 game Blade of God X (BOGX) accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space. On April 1, BOGX’s former chief marketing officer Amber Bella claimed in an X post that despite being funded by Web3 sources, the game “completely…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has been navigating sharp volatility and renewed selling pressure as financial markets continue to face deep uncertainty. Global investors are reacting to rising geopolitical tensions and erratic policy moves, particularly from US President Donald Trump, whose latest tariff announcements…

Source: Coin Tegraph Key takeaways Smart money consists of institutional investors with advanced tools and knowledge that can influence crypto market trends. Key concepts like order blocks, liquidity zones and fair value gaps can help traders align with smart money strategies. Real-time tracking tools such as Glassnode, Nansen and CoinGecko allow traders to follow smart…

Source: Coin Tegraph The use of hydrocarbon fuels in mining Bitcoin has seen a sharp decline over the past 13 years, with the use of coal energy in mining dropping significantly. The share of coal energy use in Bitcoin (BTC) mining has dropped from 63% in 2011 to 20% in 2024, an average annual decrease…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BlackRock CEO, Larry Fink, says that the US dollar risks losing its dominance to Bitcoin, a sentiment shared by political heavyweights like Senator Cynthia Lummis. We take a look at how pro-crypto assertions like these could help rally the market…

Source: Coin Tegraph Tether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data. Onchain transaction data shows that Tether moved its newly acquired Bitcoin (BTC), worth roughly $750 million at the time of writing, from a Bitfinex address to a wallet it controls. Data provided by…