Author Archives: pdgweb

Key takeaways: ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network. Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH. Data suggests ETH price bottomed. Will the Pectra narrative reignite bullish momentum? Since 2024, ETH (ETH) …

Continue reading “Ethereum Pectra upgrade goes live next week — Will ETH price rally?”

Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected. According to an April 30 Bloomberg report, Ripple put in a bid of between $4 billion and $5 billion as part of an attempted takeover of Circle, which was rejected as …

Continue reading “Ripple $4B-$5B bid to purchase Circle rejected — Report”

Key points: Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion. Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above. Although the probability is low, traders should remain cautious about a pullback in the near term. Bitcoin (BTC) has been trading in a tight consolidation near the …

Continue reading “Price predictions 4/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX”

Governments outside the US, including Singapore, are increasingly interested in stablecoins not tied to the US dollar, despite their currently limited liquidity, Fireblocks director of policy Dea Markova told Cointelegraph at Token2049. In an exclusive interview, Markova described the competition with dollar-pegged stablecoins as “all about sovereignty.” She compared the situation to earlier tensions between …

Continue reading “Global demand grows for non-dollar stablecoins, says Fireblocks exec”

Key Takeaways: US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears. Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days. Whales are accumulating BTC, but smaller holders are selling, hinting at profit-taking. Bitcoin’s (BTC) price dropped under $93,000 on April 30, after the US Gross …

Continue reading “Bitcoin selling at $95K is ‘profit-taking pressure test’ but BTC whales are still buying”

Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were “extremely pro-business,” leading to crypto adoption in Dubai, while others …

Continue reading “Ex-Binance CEO chides Europe over crypto adoption”

Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most notable …

Continue reading “Grayscale launches Bitcoin adopters exchange-traded fund”

Key points:  US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support.  Today’s crypto derisking is likely transitory; market fundamentals remain strong. Bitcoin (BTC) price took an abrupt tumble as data showed the …

Continue reading “Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms”

Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards.  Self-sovereign identity (SSI) can fix this.  …

Continue reading “EU digital product passports won’t solve food fraud, but blockchain can”