The Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In a new press release , the regulator says it is withdrawing four previous statements and letters regarding the Fed’s expectations of banking crypto activities. “The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities. These actions ensure the Board’s expectations remain aligned with evolving risks and further support innovation in the banking system.” The Reserve Board is officially withdrawing its expectation of banks to give advance notice of crypto activities. It plans to continue to monitor crypto activities under a “normal supervisory process.” The Fed is also withdrawing a letter “regarding the supervisory nonobjection process for state member bank engagement in dollar token activities.” In partnership with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), the Federal Reserve is also withdrawing two joint statements regarding US bank crypto activities. “The Board will work with the agencies to consider whether additional guidance to support innovation, including crypto-asset activities, is appropriate.” The move follows a trend of regulators taking a relaxed stance against the crypto sector since the reinstatement of the Trump administration. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/bluefish_ds/Salamahin The post US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities appeared first on The Daily Hodl .
In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 halving and hashrate increase. According to CoinShares, the weighted average cash cost to mine a bitcoin among publicly traded mining firms jumped sharply by 47%, from $55,950 in Q3 2024 to approximately $82,162 in Q4. Excluding the non-standard Hut 8, the average cost was slightly lower at $75,767, but this still represents a significant 35% increase quarter-over-quarter. When non-cash expenses such as depreciation and stock-based compensation are included, the total average cost rose to $137,018 per bitcoin, far exceeding Bitcoin’s current market price of around $95,000. Despite this, many miners have managed to remain profitable with rising Bitcoin prices and strategic efficiency improvements. The Bitcoin network’s hashrate accelerated sharply in Q4, reaching an all-time high of 900 exahashes per second (Eh/s), beating CoinShares’ previous estimate of 765 Eh/s. The firm now predicts that the network could reach the symbolic 1 zettahash/second (Zh/s) milestone as early as July 2025 and climb to 2.0 Zh/s by early 2027. Related News: Bitcoin Whales Continue to Accumulate BTC! Will It Affect the Rise? Here Are the Details This exponential growth was fueled by a combination of positive political developments and a strong Bitcoin price rally that encouraged miners to rapidly deploy new hardware. But CoinShares notes a shift in investor sentiment: valuation multiples among mining firms have been squeezed, suggesting that Bitcoin mining is increasingly viewed as a net-zero business where one miner’s gain is another’s loss. As a result, many companies are turning to data center infrastructure and high-performance computing (HPC) hosting to diversify their revenue streams. While most miners are seeing increased production costs, CleanSpark, Iren, and Cormint have bucked this trend, reducing their revenue costs per Bitcoin by 8%, 39%, and 44%, respectively. A notable outlier was Hut 8, which reported a high tax expense of $281,000 per Bitcoin, due in part to a $93 million deferred tax liability related to unrealized gains on Bitcoin holdings. Additional financial burdens were due to interest expenses related to the $150 million Coatue convertible note and increased borrowing from Coinbase’s credit facility. *This is not investment advice. Continue Reading: Critical Number Revealed for Bitcoin: Miners Start Losing Money If BTC Falls Below This Number
In the fast-moving world of crypto, short-term fluctuations are inevitable—but strong fundamentals still win over time. Bitcoin , Solana , and XRP have shown again and again that their strength isn’t tied to the week’s headlines, but to long-term structure, adoption, and community confidence. Even with recent dips and rebounds, these tokens remain key players in strategic portfolios. They’ve earned that trust by proving resilient through corrections, regulatory changes, and shifting narratives. But as the industry matures, it’s not just about which assets hold value—it’s also about which new projects are quietly creating it. One of those projects is MAGACOINFINANCE . MAGACOINFINANCE Is Building With Intent—and Investors Are Starting to Notice Where many new tokens try to capitalize on hype, MAGACOINFINANCE is taking a more methodical path. It’s not aiming to be a one-week trend—it’s establishing itself through consistency, delivery, and engagement that runs deeper than surface-level speculation. The project’s early growth has caught the attention of traders who focus on structure over sentiment. Wallet activity is rising. The roadmap is progressing without delay. And community engagement isn’t being manufactured—it’s being earned. As short-term volatility rattles weaker projects, MAGACOINFINANCE is doing the opposite—becoming more stable and increasingly visible among early adopter circles. Core Players Rebound Steadily: Bitcoin, Cardano, Ethereum, and XRP Bitcoin remains the benchmark for long-term conviction in crypto. Every correction is met with renewed institutional interest, further solidifying its status as a reliable store of value in an otherwise volatile market. Cardano continues to prove that slow, research-driven development has a place in the crypto landscape. With a steady flow of upgrades and a loyal community, it remains one of the more thoughtful projects in the space. Ethereum holds its ground as the backbone of most decentralized infrastructure. Its steady adoption by enterprises and ongoing technical upgrades make it central to the broader blockchain ecosystem. XRP , now clearer in its regulatory stance, is regaining traction in global payments and institutional channels. Its consistent vision, paired with expanding use cases, keeps it highly relevant despite market churn. All of these tokens carry weight. But they also represent established cycles. MAGACOINFINANCE , by contrast, is just beginning—and that makes it one of the most interesting developments to watch. Final Thought Short-term market noise may shake confidence in lesser projects, but tokens like Bitcoin , Solana , and XRP have proven their ability to weather any storm. They remain essential to the crypto economy. Meanwhile, MAGACOINFINANCE is emerging in the background—not fighting for attention, but quietly earning its place among the next generation of serious assets. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Solana, XRP, and Bitcoin (BTC) Remain Positive Despite Short-Term Swings
Ljubljana was listed as one of the most crypto-friendly cities worldwide for 2025 in a new index. It topped the list, leading others like Hong Kong, Zurich, Singapore, and Abu Dhabi. The report suggests a surge in the use of digital currencies globally. Asian Cities Lead the List of Crypto-friendly Cities Immigration investment platform Multipolitan released the “2025 Crypto-Friendly Cities Index” report. Usually, the research assesses the crypto-friendliness of these cities through five indicators: their regulatory environment, wealth and quality of life, tax system, digital infrastructure, and available crypto infrastructure. Based on these indexes, Ljubljana, the capital of Slovenia, took the first position in the world with 173 points, followed by Hong Kong and Zurich, which bagged 172 points each. Next were Singapore and Abu Dhabi, ranking fourth and fifth, respectively. Other countries on the list are Luxembourg City, Muscat, Porto, Oslo, Sydney, Riga, Doha, and even London. Dominance Moves to Regions With Clear Crypto Policies This clearly indicates the swift migration of crypto wealth from regulatory-unfriendly regions to emerging crypto financial centers with clear policies and sound infrastructure, such as the UAE, Singapore, and Hong Kong. It will no longer be news when control shifts from traditional financial cities to emerging global cities that prioritize cryptocurrencies. About a month ago, InvestHK reported the massive growth in Hong Kong’s blockchain technology sector. In the space of two years, this industry has seen more than 250% increase . Hong Kong is obviously investing effort in strengthening its position as global crypto powerhouses in Asia . Why Ljubljana? Ljubljana boasts of an outstanding crypto infrastructure that has made it quite easy for residents to use digital assets. One strategy used to achieve this feat is the availability of up to 150 crypto ATMs spread across the city. Many merchants, including locals, are open to using crypto as a payment option. This promotes financial inclusion and daily use of the asset class. Markedly, this outlook has contributed significantly to making Ljubljana a crypto-friendly hub. In addition, there is significant support from locals like the Blockchain Alliance Europe, which has been instrumental in bringing together businesses and people who are interested in crypto. The post Ljubljana Tops List of 2025 Crypto-Friendly Cities Index appeared first on TheCoinrise.com .
With XRP bulls eyeing a return to the $5 mark, optimism is rising, but another contender is stealing the spotlight. Mutuum Finance (MUTM) is gaining traction as the altcoin with the potential to explode by 28,650%, far outshining Ripple’s projected comeback. The next-generation DeFi model of MUTM shines with demand from early investors to establish itself as a prominent 2025 crypto token. Mutuum Finance (MUTM) soars within Phase 4 of its presale period at a price of $0.025 before it advances to Phase 5. The price of MUTM token will climb to $0.03 during Phase 5 closing a milestone at the conclusion of existing Phase 4. From its launch the project has managed to secure 8,400 investors who have contributed $7 million in funding. The forthcoming year sees XRP showing promise while MUTM presents itself as a potential challenger in the market for crypto profits. The Mutuum Finance team has recently introduced a new dashboard featuring a leaderboard that highlights the top 50 holders. These holders will earn bonus tokens for maintaining their position in the top 50. Mutuum Finance: Shaping the Next Generation of DeFi Lending Mutuum Finance attracts major investor interest through its unique method of decentralized financing. Users can benefit from the combined Peer-to-Contract (P2C) and Peer-to-Peer (P2P) framework which creates a dual-lending system that provides users with adaptive control together with improved efficiency. The lending process in P2C is managed by smart contracts which accept USDT in liquidity pools while providing loan backing through ETH. The P2P model gives users complete control over their loan management which provides increased privacy alongside self-directed autonomy. Mutuum Finance provides a high-yield DeFi platform through its adaptive operations alongside liquidity provider returns exceeding 10% which makes it both profitable and easy to use. Mutuum Finance has initiated a $100K prize drive where ten investors receive worth of $10K Mutuum Finance tokens each. These motivating measures attract present platform users while boosting community growth through person-to-person participation and raised membership. The move serves as a strategic method that enhances exposure while promoting genuine user expansion. Security is built into Mutuum Finance by design. The system offers a fully collateralized Ethereum-backed USD-pegged stablecoin to offer long-term stability and avoid volatility common in algorithmic designs. Regular smart contract audits and offering financial transparency build trust with users and counter common vulnerabilities for DeFi protocols. In this setup, Mutuum Finance offers a sensible and trustworthy option for serious long-term investors. Phase 4 Presale: A Timely Entry into a Promising DeFi Project Early-stage investors now have a limited-time chance to acquire Mutuum Finance tokens at just $0.025 in the ongoing Phase 4 of the presale. As the token is expected to climb incrementally to $0.06 by the final phase, current participants could realize returns of up to 140% even before the token hits the open market. With a growing ecosystem and expert projections pointing to a potential post-launch price of $2, Mutuum Finance is being positioned as one of 2025’s breakout DeFi projects. The presale has already generated over $7 million in market cap, a strong signal of investor faith and long-term potential. XRP Eyes $5, But MUTM Aims for the Moon XRP may be setting its sights on $5, but Mutuum Finance (MUTM) is aiming for something far bigger. At just $0.025 and backed by over 8,400 investors and $7M in funding, MUTM is positioning itself to deliver a staggering 28,650% return. The dual-lending model, leaderboard rewards, and $100K giveaway are driving momentum and community growth. As DeFi changes, MUTM isn’t just participating, it’s redefining what’s possible. Don’t miss your shot—join the presale now before Phase 5 kicks in and the price jumps. Your path to 100x gains starts here. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
GameStop’s ongoing deliberation over a Bitcoin purchase signals a strategic shift in its corporate treasury management after raising $1.5 billion. Strive Asset Management’s push reflects a broader trend among companies
A lot of Solana-based meme coins have been in the spotlight over the past few days, with Popcat posting massive gains since yesterday. It is currently one of the trending tokens on DexScan as per CMC data. Prior to the latest surge in volatility, Popcat went through downturns in the first quarter of the year due to an increasing supply, though it found support at $0.118 a few weeks back after revisiting its bottom. Initiating a fresh buy from the bottom, it surged to a key resistance level of $0.3 with a V-shaped pattern and entered a consolidation mode due to a rejection. This brought a little indecisiveness in the market, but the $0.22 level provided support, and the price slowly increased daily. Things got more interesting this week following a significant break above the key resistance, and the price almost hit the $0.43 level in the past few hours. Despite the slight daily rejection, which caused a little slowdown in buying pressure, it still targeted a key level that broke on January 24. A surge through that level could fuel a rally into the psychological $1 level before halting buying. Reclaiming the $2 level in the process could lead to a complete reversal in the mid-term bearish trend, while the bulls gain control. Popcat’s Key Levels To Watch Source: Tradingview Approaching a close resistance level of $0.53, a surge through it could allow more recoveries to the $0.75 resistance and potentially $1. In case of a pullback, the $0.3 level could serve as support. If it fails to produce a rebound, there’s immediate support at $0.22. Right below it lies the $0.15 level and the recent $0.118 bottom. Key Resistance Levels: $0.53, $0.75, $1 Key Support Levels: $0.3, $0.22, $0.15 Spot Price: $0.41 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
In April, many crypto market observers were writing about an ongoing decoupling or divergence of Bitcoin from equities, meaning that the trajectory of Bitcoin’s price took a different direction compared to stocks and equities. Bitcoin and Gold are up, while the American dollar and stocks are down. However, opinions among market experts on whether the Bitcoin and equities markets have truly diverged vary. Some enthusiastically proclaim that Bitcoin has decoupled from risk assets and joined Gold as a safe haven. The reason is not hard to see: lately, Bitcoin and Gold have been the only major assets with positive price movements. On April 21, 2025, the price of Gold crossed the $3,400 mark for the first time. This unprecedented rally is widely seen as a response to growing uncertainty among investors, stocks and altcoins went through a wave of liquidations and some of the strongest declines in years, prompting a shift toward Gold. For most of the 2020s, the gold price fluctuated between $1,800 and $2,000, only starting to climb in the fall of 2023. MacroTrends points to a correlation between the price of gold and global economic uncertainty. Another correlation is the alignment of gold prices with the level of U.S. national debt. Read more: Why will gold continue rising? Gold is traditionally seen as a safe haven. Bitcoin has a similar reputation among many investors. However, an influx of institutional investors buying Bitcoin led to a relative alignment of BTC’s price with stocks. Some viewed Bitcoin as an extension of the stock market, but with higher price amplitude. The chart below clearly shows that over the past three years, Bitcoin has mirrored Nasdaq movements closely, mimicking its ups and downs with sharper swings. Experts remain divided on this. For instance, in March 2025, BlackRock’s Robbie Mitchnick stated that Bitcoin is still yet to consistently move in line with Wall Street, although he anticipates it will happen as more TradFi investors start trading Bitcoin. Did Bitcoin really decouple from stocks? The second half of April saw Bitcoin and Gold rise, while major assets including stocks and the USD dropped. On April 22 alone, Bitcoin gained 7%, while risk assets ended the day in negative territory. Many in the crypto community quickly reacted, declaring that Bitcoin was undergoing a decoupling from stocks. Bitcoin and Gold seemed to confirm their roles as safe havens, while other assets appeared increasingly risky and vulnerable amid political and economic turmoil. 🇺🇸 BLOOMBERG JUST SAID #BITCOIN IS DECOUPLED FROM THE STOCK MARKET IT’S HAPPENING!!! 🚀 pic.twitter.com/gEbBXxHosq — Vivek⚡️ (@Vivek4real_) April 22, 2025 However, the debate over whether Bitcoin is truly decoupling continues. While there is no doubt that Bitcoin currently stands apart from stocks and the dollar, some market observers warn this could be a short-term phase. They suggest that as headwinds take hold, Bitcoin may eventually follow the broader stock market’s downtrend. In other words, the current divergence could turn out to be just a temporary fluctuation. "Bitcoin divergence" and "Bitcoin decoupling" will be dominant headlines for 2025. pic.twitter.com/VBXqZNLFul — Tuur Demeester (@TuurDemeester) April 22, 2025 Some commenters attributed the Bitcoin rally to increased liquidity, encouraging investors to “ignore the noise.” They argue that Bitcoin can surge thanks to technical triggers even when news sentiment is mixed. Others pointed to macro headlines as a major driver of the demand for Bitcoin, including comments from U.S. Treasury Secretary Scott Bessent suggesting a possible de-escalation between the U.S. and China. Meanwhile, headlines reported that India was considering sanctions against China, and China itself urged countries to reject collaboration with the U.S. In this light, it appears that Bitcoin’s rally was at least partly news-driven. Such major economic shake-ups don’t happen often, suggesting that the current decoupling may be more extraordinary than permanent. Bitcoin could realign with the stock market once the trade tensions subside. Why is decoupling important? We asked our market analyst and trader, Ekta Mourya , to enlighten our readers on this topic. Here’s what she replied to why decoupling is important and whether she sees the current decoupling as a temporary or a long-term phase: “Bitcoin’s decoupling comes at a time when the largest cryptocurrency’s correlation with Gold rises. BTC’s outperformance against the Nasdaq during Trump’s tariff crisis marked a pivotal shift in Bitcoin’s price this cycle, bringing back the “digital Gold” narrative. Bitcoin’s 30-day Pearson correlation coefficient with Gold is up from -0.7 in March 2025 to 0.45 and rising as of April 2025. For traders, this signals an opportunity to enter long positions; it opens doors for Bitcoin’s re-test of the $109K all-time high and likely price discovery. Bitcoin’s divergence from the stock market feels more like a temporary blip rather than a permanent shift. Market volatility, tariff tensions, and weak earnings are rattling U.S. equities, while Bitcoin is catching a bid as a safe haven for traders’ capital. However, structurally, BTC has always stood apart; it is a high-beta asset with a growing appeal for portfolio diversification. Both retail and institutional traders should watch Bitcoin for its evolving risk/reward profile and gains.” You might also like: Pantera founder: ‘Bitcoin is better than gold’ as a reserve asset
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Ljubljana outperformed Hong Kong and Zurich to become the world’s most crypto-friendly city. Slovenia also leads in global crypto wealth concentration, with the average holder owning over $240K in crypto. A proposed 25% capital gains tax on crypto in Slovenia could reshape the country’s regulatory reputation. Ljubljana, Slovenia’s capital, has surprisingly taken the crown as the world’s most crypto-friendly city. That’s according to the 2025 Crypto Report from migration advisory firm Multipolitan. The report ranked 20 global cities based on how welcoming they are to crypto, looking at things like local rules, taxes, digital setup, lifestyle, and overall crypto culture. Beating out traditional financial hubs like Hong Kong and Zurich, both of which tied for second place, Ljubljana’s rise reflects Slovenia’s deeper national embrace of crypto technologies. According to Multipolitan, the city’s high concentration of crypto ATMs, widespread retail adoption, fast internet speeds, and affordable living costs helped it secure the top spot. OUT NOW: 2025 Crypto-Friendly Cities Index Explore the top cities for crypto holders based on adoption, regula… The post Slovenia’s Capital Ljubljana Outranks Hong Kong and Zurich in Crypto City Ranks for 2025 appeared first on Coin Edition .