Riot Platforms Reports 533 BTC Produced in March: A 13% Increase for Bitcoin Mining Firm

In a recent report dated April 4th, Nasdaq-listed Bitcoin mining entity Riot Platforms provided its unaudited operational update for March. The data indicates a remarkable **mining output** of **533 BTC**,

Read more

Illinois to End Lawsuit Against Coinbase Over Staking Program: Report

The state would become the fourth to withdraw its legal actions against the crypto exchange. Six other cases are pending.

Read more

Eric Trump Critiques Banking Practices; Advocates for Blockchain Solutions

Eric Trump criticizes banks for account closures targeting businesses. He advocates for blockchain technology as a viable alternative. Continue Reading: Eric Trump Critiques Banking Practices; Advocates for Blockchain Solutions The post Eric Trump Critiques Banking Practices; Advocates for Blockchain Solutions appeared first on COINTURK NEWS .

Read more

Coinbase Institutional Files To Launch XRP Futures With CFTC

Coinbase Institutional has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP through its subsidiary, Coinbase Derivatives. This filing aims to launch XRP futures on April 21, 2025, offering both institutional and retail investors a regulated way to gain exposure to XRP in a more capital-efficient manner. The filing marks a significant development for XRP’s broader market acceptance, especially in regulated environments where futures contracts provide both liquidity and opportunities for risk management. XRP Futures: Regulatory Developments and Market Entry Coinbase’s application for self-certification with the CFTC enables it to launch XRP futures without waiting for direct approval from the agency, as long as it adheres to regulatory guidelines. This approach is commonly used by exchanges when launching new financial products. By introducing XRP futures, Coinbase Derivatives is adding a new structured trading product that could boost liquidity and allow for more institutional participation in the asset. We're excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures – bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets. We anticipate the contract going live on April 21, 2025. Stay tuned… pic.twitter.com/nKUPjjnMKW — Coinbase Institutional (@CoinbaseInsto) April 3, 2025 Futures contracts are particularly useful for hedging against price fluctuations or speculative trading, which may increase the accessibility of XRP for a broader range of investors. Concurrent with this move, Kraken, one of the major U.S.-based cryptocurrency exchanges, added Ripple USD (RLUSD) to its trading platform. Prior to this listing, Bitstamp was the primary exchange offering RLUSD. The addition of Kraken further strengthens XRP’s trading ecosystem, leading to increased trading volumes and a broader range of institutional players engaging with the asset. XRP Price Trend Amid New Futures Announcement As of the latest price action, XRP has been navigating key technical levels. Last night, during a livestream, market analysts highlighted that XRP’s price tested a significant .382 retracement level, which acted as key resistance. The price briefly touched this level before experiencing a pullback, with the current focus shifting towards a potential decline toward the $1.95 price target. The $1.90 mark is seen as a critical level and should XRP dip below this, it could indicate a deeper correction. However, if XRP’s price holds at or above these levels, it could signal that the market is preparing for a rebound, especially if there is bullish RSI divergence. Source: X Consequently, the next XRP price move is critical. A successful retest of these lower levels, coupled with signs of strength from the relative strength index (RSI), could suggest that XRP is nearing a bottom before a potential breakout. If the price holds steady at $1.90, a strong rally into a new wave higher may be on the horizon. Community Reaction To Coinbase Filing While the filing has generated considerable interest, it also sparked confusion within the cryptocurrency community. Coinbase initially referred to the futures product as “Ripple futures” in a now-deleted post, a term that led to criticism from XRP holders. The confusion arose because Ripple is the company behind the XRP network, while XRP is the digital asset itself. A user named Adam on X (formerly Twitter) pointed out the distinction, urging Coinbase to correct the language. “Ripple and XRP are separate entities,” he noted, emphasizing the importance of accurate terminology in the crypto space. Coinbase corrected the mistake shortly after, clarifying that the product is, in fact, XRP futures. Meanwhile, late last month, Crypto Options and Futures Exchange Bitnomial announced the launch of its XRP futures contract. This new product has been on the exchange’s radar since at least October 2024. The post Coinbase Institutional Files To Launch XRP Futures With CFTC appeared first on CoinGape .

Read more

42% of Brazilian Investors Have Bought Crypto – Survey

Almost half of Brazilian investors have put their money into crypto , a new survey has found, with adoption rising in the wider Latin American region. Most of the survey respondents said they were turning to crypto in hope of making “big” returns on their investments. Brazilian Crypto Interest on the Rise The survey, conducted by Locomotiva, was commissioned by the crypto exchange Binance, the Portuguese-language media outlet Livecoins reported. Trading volumes on Bitso, one of Latin America’s most popular crypto exchanges, over the past year. (Source: CoinGecko) The researchers found that interest in cryptoassets has now risen higher than demand for stocks, private pensions, government bonds, and even foreign currencies. The survey compilers said that they spoke to 1,000 people aged between 25 and 45 with “investments in addition to cash savings.” The results showed that crypto investments are equal in popularity with investment funds. But crypto’s popularity outpaces high interest-bearing payment accounts and private bonds. The data also shows that 55% of respondents said they have made at least three forms of investment.” The remaining 45% said they have made “four or more types of investment.” Brazil's central bank chief sees need for reforms to unblock monetary policy transmission channels https://t.co/ft3xPZAIx5 pic.twitter.com/BCLkoKiwWS — Reuters (@Reuters) April 2, 2025 Liquidity a Draw While most investors said that the hopes of “high returns” had motivated them to buy crypto, others said they were attracted to the crypto market’s “high liquidity.” Others still said they felt crypto offered them “independence from the traditional financial system” and “secure transactions.” The study’s authors noted that crypto investment levels were noticeably higher among men, as well as people with higher levels of education. People with higher levels of income and knowledge about investments also tend to prefer crypto as an investment tool, the authors added. Cryptocurrency adoption in Latin America is on the rise, with more investors diversifying their portfolios, according to report from @Bitso . #LatinAmerica #Adoption https://t.co/YSNDJhTlPS — Cryptonews.com (@cryptonews) March 13, 2025 They explained that 62% of respondents said they think domestic brokers and crypto exchanges are “safe and reliable.” The survey comes hot on the heels of another study, conducted by Datafolha and Paradigma Education, which found that 16% of Brazilians have made crypto investments. And a March survey by the crypto trading platform Bitso revealed that the firm’s Latin American clientele had grown by 12% in 2024 . The platform said that 38% of its users now have holdings in at least three different cryptoassets. Late last month, the Brazilian Senate said that it was preparing to hold a public hearing on crypto regulation . The post 42% of Brazilian Investors Have Bought Crypto – Survey appeared first on Cryptonews .

Read more

OpenAI Makes ChatGPT Free for Millions of North American College Students

Students at accredited U.S. and Canadian colleges and universities can access the premium version of ChatGPT for free.

Read more

Rising Fast: MAGACOINFINANCE Is Emerging as 2025’s Top Contender With XRP and BTC

The cryptocurrency space in 2025 is more competitive than ever. Yet one name is consistently being mentioned alongside the giants—MAGACOINFINANCE. As major players like Bitcoin (BTC) and Ripple (XRP) continue their push, MAGACOINFINANCE is rapidly climbing to the top of investor watchlists for its early-stage potential and breakout momentum. CURRENT PRICE – $0.0002704 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – TOP CRYPTO PICK OF 2025 Unprecedented Growth Potential MAGACOINFINANCE – MAGACOINFINANCE has already secured over $4.8 million in its ongoing pre-sale, proving investor demand is heating up. With a strict 100 billion token cap and increasing buzz across crypto communities, MAGACOINFINANCE is quickly establishing itself as the year’s most talked-about contender. ACT NOW – GET 50% EXTRA BONUS WITH CODE MAGA50X Get 50% EXTRA BONUS and Unlock 3,782% ROI Potential At the current pre-sale price of $0.0002704, and a confirmed listing at $0.007, MAGACOINFINANCE offers early buyers a 2,488% ROI, or 25.88x their investment. When you apply promo code MAGA50X, your token quantity increases by 50%, effectively reducing your cost to $0.0001803. That boosts your ROI to 3,782%, or a 37.82x return—making it one of the strongest asymmetric setups of the year. LINK, DOT, MATIC, and ADA: Still Solid, But Overshadowed in Momentum Chainlink (LINK) trades at $13.84, leading in smart contract oracle tech.Polkadot (DOT) sits at $4.15, focused on multichain network innovation.Polygon (MATIC) is priced at $0.209, still crucial to Ethereum scaling.Cardano (ADA) trades at $0.71, maintaining its research-driven ecosystem approach. ACT NOW – JOIN THE BIGGEST PRE-SALE IN HISTORY! Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Rising Fast: MAGACOINFINANCE Is Emerging as 2025’s Top Contender With XRP and BTC

Read more

Interview With BitMart CEO On Navigating Security And AI Revolution

As BitMart celebrates 7 years, it strives to balance technological innovation with security fundamentals and user empowerment.

Read more

Here’s what the trillion dollar tariff wall means for big tech

President Donald Trump’s new tariffs have created what trade experts are calling a nearly $1 trillion “trade wall” around the U.S. economy. Based on estimates using tariff costs paid in 2024, American big tech companies could face daily expenses ranging from $1 billion to $2 billion. The new tariff policy is set to cost U.S. businesses an estimated $654 billion a year. That figure is projected to grow even further when considering up to an additional $300 billion in tariffs imposed under the International Emergency Economic Powers Act (IEEPA) and Section 232 of the Trade Expansion Act on products like steel, aluminum, and autos. “If this holds up in court, then we are waking up to a new global economy with a different set of costs than we have known for the last several decades,” said Josh Teitelbaum, former Deputy Assistant Secretary of Commerce during the Obama administration. Big tech companies may suffer The U.S. stock market suffered its worst daily loss since 2020 on Thursday. The effects reach beyond Apple in the tech sector. The company has already seen its worst stock drop since the COVID-19 outbreak. While Apple is particularly vulnerable due to its heavy reliance on Asian manufacturing, the new tariff framework puts the entire tech sector’s trade surplus under the microscope. According to Cesar Hidalgo, a professor at the Toulouse School of Economics, tech giants have long benefited from a large trade surplus with the rest of the world. Alphabet exported $141 billion in services, followed by Meta with $71.2 billion, Oracle at $45.2 billion, Amazon at $40.2 billion, IBM at $31.9 billion, and Microsoft at $31.6 billion. Apple stock price. Source: Google Finance. The US exported $2 trillion in physical goods in 2024, while importing around $3.27 trillion. On the surface, this suggests a trade deficit of roughly $1 trillion. However, the digital economy is different. Every time a foreigner streams a movie on Netflix or purchases an ad on Facebook, the United States is effectively exporting its digital services. “We estimate that the U.S. enjoys a trade surplus of at least $600 billion in digital products,” Hidalgo explained. U.S. exports in digital advertising and cloud computing reached about $260 billion and $184 billion, respectively. Hidalgo noted that these figures are even larger than the country’s exports of crude or refined petroleum, which have long been considered one of its major export products. Trade retaliation, however, may not be limited to digital services. Jason Miller, an assistant professor at Michigan State University, warned that massive foreign countermeasures are likely. This means that U.S. exports in tech industries like aerospace, machinery, electrical equipment, computers and electronic products, and energy could all face significant tariff-based retaliation. Could big tech actually benefit from the trade war? The trade war has also raised questions about whether big tech companies could ultimately benefit from the administration’s aggressive tactics. With Wall Street in a state of panic and allies around the globe voicing their displeasure, the fallout from Trump’s trade policies continues to grow. Some of the world’s richest companies might see gains if Trump can successfully negotiate better terms. Issues ranging from the sale of TikTok to digital services taxes, and even Europe’s antitrust actions against Silicon Valley giants, have now become part of the broader trade dispute. Yet the question remains – What exactly does Trump want in exchange for easing these tariffs? Michael Froman, president of the Council on Foreign Relations, addressed the issue on the POLITICO Tech podcast. “Leverage is only good if you take it out for a drive,” Froman said, stressing that the administration must clearly outline what it expects in return from other nations. “You’ve got to be able to lay out for the other countries, for the other markets what it is you want them to change, or do, in order to reduce the tariffs, get rid of the tariffs,” he explained. He noted that, so far, the Trump administration has not provided a detailed plan outlining these demands. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Read more

Trump’s USDT Transfer Fuels Americana Technologies’ NFT Revolution

On April 4th, COINOTAG reported a significant transaction involving the Trump WLFI address, which transferred 213,159 USDT to an address linked to Americana Technologies, the innovative NFT deployer. This move

Read more