Crypto World Echo - Crypto Currency News from Around the World

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Treasury Committee Eyes Stablecoin Boom Fueling US Bond Demand

Stablecoins are rapidly transforming U.S. Treasury demand, reshaping financial markets, and redefining the global role of the U.S. dollar. US Treasury Signals Stablecoin Boom Could Reshape Fiscal Strategy The U.S. Department of the Treasury published on April 30 the official minutes from the April 29, 2025, meeting of the Treasury Borrowing Advisory Committee, emphasizing the […]

Public companies have already acquired 96% of all Bitcoin to be mined in 2025

Publicly listed companies have bought roughly 157,957 Bitcoin (BTC) as of May 1, accounting for 96% of the 164,250 BTC projected to be mined throughout the year.Bitcoin Treasuries data shows that private companies added another 16,799 BTC to their holdings during the same period, while Bitcoin exchange-traded fund (ETF) issuers acquired 34,968 BTC. Combined, these three groups purchased 192,925 BTC during the first four months of the year. This total surpasses the annual expected supply of newly

US Economist Jeffrey Sachs: Trump’s Take on Tariffs Is ‘a Serious Mistake’

Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump administration’s tariff move and its subsequent effects on global trade continue […]

Strategy achieves $5.8B in yearly Bitcoin gains, raises BTC Yield target to 25%

Strategy’s Bitcoin-focused investment operation achieved a year-to-date BTC Yield of 13.7% and a BTC $ gain of $5.8 billion as of April 28, according to its first quarter earnings report.The firm also raised its full-year BTC Yield target from 15% to 25% and increased its BTC gain projection from $10 billion to $15 billion.The firm’s total Bitcoin (BTC) holdings stood at 553,555 BTC as of April 28, acquired at a cumulative cost of $37.9 billion, or approximately $68,459 per coin. The updat

Strategy Unveils $21B Stock Offering to Amplify Bitcoin Holdings Amid Q1 Loss

Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion […]

Strategy reports $4.2B loss but aims to raise $21B to buy more Bitcoin

Strategy posted a $4.2B Q1 loss but plans to raise $21B through equity to keep expanding its Bitcoin holdings.The post <a href="https://cryptobriefing.com/bitcoin-investment-strategy-raise-funds/">Strategy reports $4.2B loss but aims to raise $21B to buy more Bitcoin</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.

Facilitating Spam Attacks or Nothing Burger? Drama Ensues Over Changes to This Bitcoin Guardrail Feature

The bitcoin development community is divided over a proposal to remove certain guardrails designed to deter the use of its blockchain for storing arbitrary data (or ‘spam’). Some developers argue that this change will impact the future of bitcoin, while others assert that it is already happening. ‘Spam’ Drama Grows: Is Bitcoin Destined to Save […]

SPAC Backed by Anthony Pompliano and Brent Saunders Files for IPO

Anthony Pompliano’s blank-check firm, Procap Acquisition Corp., has filed with the U.S. Securities and Exchange Commission (SEC) to raise $200 million in an initial public offering (IPO). Pompliano-Led ProCap to Hunt for Fintech Targets With $200M War Chest Procap Acquisition Corp., incorporated in the Cayman Islands and led by Anthony Pompliano as chief executive officer, […]

21Shares highlights Dogecoin’s role in diversified, high-return investment portfolios

A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk, according to a new analysis by crypto investment firm 21Shares.In its April report, the firm evaluated how Dogecoin performs when added to a Bitcoin-enhanced growth strategy.Stress-tested portfoliosThe firm’s portfolio stress-testing showed that the baseline portfolio, a conventional 60/40 mix of stocks and bonds, returned 7.25% annually.Meanwhile, including a 3% Bi

Kraken Completes $1.5B NinjaTrader Acquisition As Funded Accounts Jump 26% in Q1

Kraken completed its acquisition of NinjaTrader, the prominent U.S. futures trading platform, after announcing the $1.5 billiontransaction in March. With this acquisition, Kraken aims to offer access totraditional derivatives within Kraken's platform, as NinjaTrader users explore crypto markets, according to the two companies. Kraken's Move into Multi-Asset Trading“NinjaTrader's mission has been to redefine retailfutures trading, making it more accessible, cost-effective, andtrader-friendly. Joi

Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest

Algorithmic trading firm Two Primeformally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset.According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that meets institutional standards for liquidity, predictability, and long-term investment viability.The decision follows over a year of performance divergence between B

Kraken Q1 2025 financial update: Strength through market cycles

Kraken began 2025 building on 2024’s solid momentum, navigating a shifting and softening market to outperform, even growing volume share. Our sustained performance across cycles demonstrates the resiliency of our platform, which continues to attract new clients and deepen existing relationships.We took a meaningful step toward our multi-asset vision by acquiring NinjaTrader, and rolled out dozens of new products and features – a few of which we highlight below.Q1 2025 performance highlightsStro

April NFT Carnage: Sales Drop Over 39% as Market Stalls

Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: […]

Bitcoin market clears speculative froth as on-chain indicators stabilize

A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess. A recent Glassnode report noted that theadjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor euphoria, balanced profit-taking, and consolidation near cost basis levels. This collective reset suggests that the recent drawdown has tran

Sam Altman’s Eye-Scanning Identity Project Launches in Six U.S. Cities

Sam Altman's ambition to build a global identity networkbacked by blockchain and biometrics entered the US.According to the company, this project, now known simply as"World", launched its US rollout in six cities, offering curiousparticipants a chance to scan their irises in exchange for a digital identity andcrypto tokens."The United States of America stands at the forefrontof artificial intelligence innovation. Now, it's time for the world's AI hub toembrace the essential counterpart: proof of

Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million

Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent […]

Tether boosts US Treasury holdings by $3B amid YoY profit drop

Tether increased its exposure to US Treasuries by more than $3 billion between quarters while posting a steep year-over-year decline in quarterly profits.According to itslatest attestation report published on April 30, Tether’s combined holdings of US Treasury bills, reverse repurchase agreements, and money market funds with Treasury exposure reached approximately $120 billion by March 31, up from around $116.7 billion at the end of 2024. The bulk of these holdings includes $98.5 billion i

ETF Momentum Breaks: Bitcoin and Ether Funds Record Net Outflows After Strong Run

After more than a week of uninterrupted gains, both bitcoin and ether ETFs saw net outflows on Wednesday, April 30. Bitcoin ETFs lost $56 million, while ether ETFs gave back $2.36 million, pausing the recent bullish streak. Bitcoin ETFs See $56M Outflow, Snapping 8-Day Inflow Streak As Ether ETFs Slip Too The inflow party took […]

Coinbase to delist Movement’s MOVE token amid market-making controversy

The delisting of MOVE token by Coinbase highlights the critical need for transparency and robust governance in blockchain projects.The post <a href="https://cryptobriefing.com/move-trading-halt-amid-controversy/">Coinbase to delist Movement’s MOVE token amid market-making controversy</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.