The article discusses tariffs' negative impact on cryptocurrencies. It highlights the ongoing negotiations between the US and major trading partners. Continue Reading: Trump’s Tariff Moves Impact Cryptocurrency Markets The post Trump’s Tariff Moves Impact Cryptocurrency Markets appeared first on COINTURK NEWS .
The Open Network (TON) has announced that the Toncoin Bridge will be officially retired on May 10, 2025. This decision marks the end of an era for the early infrastructure that once played a critical role in Toncoin’s cross-chain accessibility. According to a statement from the Toncoin developers, the closure means that users will no longer be able to bridge Toncoin from TON to the Ethereum or BNB Smart Chain after the set date. However, assets previously bridged to these networks will continue to be claimable. Importantly, bridging to TON will continue to be available for now, with an end timeline to be announced in the future. Related News: Banking Giant Citigroup Makes a Stunning Prediction for the Cryptocurrency Market Toncoin Bridge was initially launched to provide users with a way to trade Toncoin before the token was listed on centralized exchanges (CEXs) or had its own decentralized finance (DeFi) infrastructure. Users would bridge the assets with Ethereum or BNB Smart Chain to access DEX platforms like Uniswap and PancakeSwap. Subsequent developments in TON, such as native USDT support and integration with cross-chain solutions like LayerZero, Stargate, Symbiosis, and Rhino.fi- have made the bridge less necessary. TON developers said that with the network’s growing DeFi environment and native trading options, there is no longer a pressing need for users to exit the ecosystem to engage in financial activities. *This is not investment advice. Continue Reading: The End of an Era for Toncoin (TON): Important Feature Being Removed
Semler Scientific’s recent acquisition of Bitcoin highlights the growing trend of corporate investment in cryptocurrency, showcasing a 23.5% yield for stockholders. As Bitcoin reaches new price highs, more companies are
The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. "For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their high volatility, which is a risk for long term value preservation. In short, one can say that cryptocurrencies for the moment do not fulfill the high requirements for our currency reserves.” Unknown block type "jwpVideo", specify a component for it in the `components.types` option Schlegel’s comments were prompted by the Bitcoin Initiative , a bitcoin advocacy group whose research demonstrates that adding bitcoin to Switzerland’s treasury would complement its overall portfolio and yield substantial return with minimal volatility. Without bitcoin, the Swiss National Bank's investments grew by about 10% since 2015. A 1% bitcoin allocation to the central bank’s portfolio would have nearly doubled returns over the same period, according to a Bitcoin Initiative portfolio simulation. Annualized volatility would have increased only slightly. The Bitcoin Initiative emphasized that bitcoin's volatility should not be evaluated in isolation, but in terms of its influence on the overall dynamics and performance of the investment portfolio. “[Bitcoin] price reached new highs, it showed resilience under market stress, and it continues to be highly liquid with trading volumes in the double digit billions, every day and night, even on bank holidays,” said Luzius Meisser, a member of the Bitcoin Initiative and board member of Bitcoin Suisse. “The Bitcoin network remains one of the most reliable and secure IT systems ever created. And most remarkably, the United States has started a strategic bitcoin stockpile.” In an emailed statement to CoinDesk, the Bitcoin Initiative suggested the Swiss National Bank’s aversion to bitcoin might be political, as it could be perceived as “an expression of distrust towards other currencies” and harm delicate relations between Switzerland and the European Union. European Central Bank President Christine LaGarde has consistently criticized bitcoin, calling it “ worth nothing ” and a “ highly speculative asset ” linked to money laundering. In January, Lagarde said “I’m confident ” that “bitcoins will not enter the reserves of any of the central banks of the General Council” of the ECB. That was in response to comments made by Czech National Bank Governor Ales Michl that his institution was evaluating adding bitcoin to its reserves. LaGarde argued that bitcoin fails to meet the ECB’s criteria for liquidity, security, and safety from criminal associations. In February, Poland's central bank ruled out “keeping reserves in bitcoins under any circumstances” and the Romanian central bank warned banks not to issue loans to crypto companies. Federal Reserve chair Jerome Powell said in December 2024 that the U.S. central bank was “ not allowed to own bitcoin ” per the Federal Reserve Act and it’s not looking to change the law. The Swiss National Bank has bitcoin exposure through stocks that own corporate bitcoin treasuries, including 520,000 shares of Strategy, 8.12 million shares of Tesla, 580,000 shares of MARA Holdings, and 500,000 shares of CleanSpark, as of the end of 2024 according to Fintel data . Schlegel rejected citizen calls to add bitcoin reserves to the Swiss central bank’s coffers as recently as last month . When it comes to technological advancements, Schlegel noted Thursday that the SNB is running a pilot project using central bank digital currencies to facilitate payments between financial institutions. By contrast, U.S. President Donald Trump signed an executive order this year that establishes a strategic bitcoin reserve and crypto stockpile, along with a Crypto Council that will evaluate budget neutral ways to supplement U.S. digital reserves. The order further prohibits government agencies from creating or promoting a central bank digital currency in the United States out of privacy concerns for citizens.
Could this underdog ETF soon rival Wall Street’s biggest giants? IBIT leads $442M inflow in spot Bitcoin ETFs, signaling strong institutional interest. Bitcoin surges to $93K as ETF inflows hit
Could this underdog ETF soon rival Wall Street’s biggest giants?
In a move that underscores the growing local scrutiny faced by the digital asset industry, the U.S. city of Vilonia, Arkansas , recently made a significant decision regarding a proposed crypto mining operation within its limits. This event highlights the increasing intersection between technological advancements and local community concerns. Vilonia Stands Against Proposed Mining Facility The planning commission in Vilonia, a city located in the heart of Arkansas, took a definitive stance by unanimously rejecting a proposal for a new mining facility . This decision followed a period of intense debate and considerable local pressure. The proposal, which aimed to establish a significant cryptocurrency mining operation, met with a wall of community opposition that ultimately proved decisive. The unanimous vote by the planning commission reflects the strong sentiment held by the city’s residents. For weeks leading up to the decision, public forums and local discussions were dominated by concerns surrounding the potential impacts of such a facility. This level of engagement from the Vilonia community played a critical role in shaping the outcome. Understanding the Community Opposition in Vilonia The rejection wasn’t arbitrary; it was fueled by specific, vocal concerns from the citizens of Vilonia. Local reports and community meetings revealed several key areas of apprehension regarding the proposed crypto mining site. These concerns are not unique to Vilonia and represent common challenges faced by similar projects globally: Noise Pollution: Cryptocurrency mining operations often involve arrays of powerful computers and cooling systems that generate significant noise. Residents voiced fears that the constant hum and potential industrial sounds would disrupt the peace and quiet of their suburban environment. Increased Energy Consumption: Mining cryptocurrencies like Bitcoin is an energy-intensive process. The prospect of a large facility drawing substantial power raised worries about the strain on the local energy grid and potentially higher electricity costs for residents. Environmental Impact: Beyond energy use, concerns were raised about the environmental footprint, including potential heat output, electronic waste, and the source of the energy used (e.g., reliance on fossil fuels). These points of community opposition demonstrate that while the technology is digital, its physical presence can have tangible effects on the surrounding area and its inhabitants. Why Crypto Mining Facilities Face Local Hurdles The case in Arkansas , specifically in Vilonia, serves as a prime example of the challenges developers face when proposing large-scale industrial operations in or near residential areas. While cryptocurrency mining is a legitimate business activity, its operational requirements can conflict with traditional zoning laws and community expectations regarding quality of life. A mining facility requires not only vast amounts of electricity but also significant infrastructure for cooling and security. These needs often translate into large buildings, potentially visible from homes, and constant operational noise. Without proactive engagement and clear mitigation strategies from developers, it’s easy for local populations to perceive these projects as detrimental rather than beneficial. Lessons from Vilonia: Actionable Insights for Developers and Communities The Vilonia decision offers valuable lessons for both the cryptocurrency industry and local governments/communities: For Developers: Transparency and community engagement are paramount. Proactively addressing concerns about noise through soundproofing technology, exploring renewable energy sources, and communicating the potential economic benefits (jobs, tax revenue) are crucial steps. Ignoring or downplaying community opposition is a recipe for rejection. For Communities: Organized and informed participation in local planning processes is effective. Residents in Vilonia successfully articulated their specific concerns, providing the planning commission with a clear basis for their decision. Understanding the proposed project and its potential impacts is key. For Regulators/Planners: Developing clear guidelines and zoning regulations specifically for energy-intensive operations like crypto mining can provide predictability for developers and protection for residents. The situation in Vilonia is a reminder that the expansion of the digital economy into the physical world requires careful consideration of local contexts and human factors. Conclusion: Community Voices Shape the Future of Crypto Mining The unanimous rejection of the crypto mining facility proposal by the Vilonia, Arkansas , planning commission is a powerful illustration of the impact that organized community opposition can have on local development decisions. Fueled by legitimate concerns over noise, energy, and environmental impacts, residents successfully advocated for their quality of life. This case underscores the need for the cryptocurrency industry to prioritize sustainable practices and engage meaningfully with potential host communities. As the industry continues to grow, finding ways to mitigate its physical footprint and address local concerns will be essential for successful integration and long-term viability. The Vilonia decision serves as a clear signal that local voices matter and can significantly influence the trajectory of technological expansion. To learn more about the latest crypto mining trends and regulatory challenges, explore our articles on key developments shaping the digital asset landscape.
Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement. The company purchased 111 Bitcoin ( BTC ) for $10 million at an average price of roughly $90,000 per coin, Semler said . It holds a total of more than 3,300 Bitcoin worth approximately $300 million in aggregate. Semler said its Bitcoin purchases have earned stockholders a Bitcoin yield of 23.5% in the year to date. Bitcoin yield measures the ratio of BTC holdings to outstanding shares, reflecting growing exposure per share for investors. “Semler Scientific uses BTC Yield as a [key performance indicator] to help assess the performance of its strategy of acquiring bitcoin in a manner Semler Scientific believes is accretive to stockholders,” it said. Semler bought 111 BTC since Feb. 14. Source: Eric Semler The company said it acquired its Bitcoin treasury for an average price of nearly $89,000. As of April 25, Bitcoin trades at approximately $95,000 per coin, according to data from Cointelegraph. Semler Scientific is a healthcare technology company that develops and sells medical diagnostic products, with a primary focus on detecting chronic diseases. The company has partially financed its Bitcoin purchases by issuing roughly $125 million in new stock, it said. Semler also announced plans to raise $75 million through the private offering of convertible senior notes in January. Corporations are among the biggest Bitcoin buyers. Source: BitcoinTreasuries.NET Related: Bitcoin, showing 'signs of resilience', beats stocks, gold as equities fold — Binance Corporate Bitcoin buying In 2024, Bitcoin’s surging price pushed Michael Saylor’s Strategy (formerly MicroStrategy) up more than 350%, according to data from FinanceCharts. Strategy’s success has inspired dozens of other companies, such as Semler, to start accumulating Bitcoin treasuries. Public companies are now among the largest institutional Bitcoin holders. As of April 25, corporate Bitcoin holdings are worth approximately $71 billion in the aggregate, according to data from BitcoinTreasuries.NET. Strategy is still the largest corporate Bitcoin holder, with a treasury worth more than $50 billion. During the week of April 14, Strategy bagged 6,556 Bitcoin for an average price of $84,785 per coin. Among institutional buyers, corporate treasuries still lag exchange-traded funds (ETFs), which cumulatively hold approximately $110 billion in Bitcoin as of April 25, according to Coinglass data. Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express
Bitcoin (BTC) redefined crypto wealth. Solana (SOL) proved scalability at speed. XRP is back in bullish territory after a 13% weekly climb. And now, another name is circulating through every major investment group: MAGACOIN FINANCE . This isn’t a maybe. It’s a momentum play backed by one of the most aggressive growth forecasts in recent memory — with analysts projecting up to 50,000% upside from current levels. While XRP’s resurgence and Kaspa’s breakout to $0.14 have reignited the altcoin narrative, MAGACOIN FINANCE is quietly becoming the main event. Why MAGACOIN FINANCE Is Becoming Crypto’s Most Watched New Coin 1. Undiscovered Value, Uncapped Potential MAGACOIN FINANCE remains under the radar — but not for long. It’s positioned in the sweet spot where early-stage pricing meets mounting exposure. That’s where exponential growth happens, and that’s exactly where MAGACOIN FINANCE is right now. It’s not just another meme coin. It’s engineered for explosive ROI with a structure built around demand scaling, timed unlocks, and referral-driven acceleration. 2. Viral Demand Without Public Markets While top coins like SOL and LINK are widely accessible, MAGACOIN FINANCE is only available at magacoinfinance.com — and that exclusivity is creating real scarcity. Investors are rushing in, but the project remains off centralized exchanges , giving early buyers the price advantage that major listings usually wipe out. No CEX. No hype games. Just organic demand, building every day. How It Compares to the Big Names XRP: Up 13% this week, but with 500% already priced in, its growth curve is now tapering. Kaspa (KAS): Broke key resistance this month, but with heavy distribution, upside may be slower from here. Solana (SOL): Trading above $140, SOL remains strong — but its early explosive phase is long gone. Chainlink (LINK): Gaining institutional traction again, but its growth feels more gradual than generational. MAGACOIN FINANCE , on the other hand, is still below $0.007 — yet it’s commanding the kind of attention we only see before parabolic climbs. Why Analysts Are Watching Closely Multiple investor groups are now tracking MAGACOIN FINANCE’s stage-based momentum, with models suggesting a possible 25x–35x return based on price-action forecasts and community expansion velocity. Key reasons behind these projections: Limited, staged supply with built-in scarcity Exclusivity — no CEX listing dilution Strategic narrative alignment with 2025 macro trends Community-first growth , no VC overhang The playbook is working — and if this structure holds, MAGACOIN FINANCE could be the best-performing altcoin of the year . Final Word: Don’t Miss the Window Every cycle produces one coin that catches fire before it hits mainstream radar . This time, all signs point to MAGACOIN FINANCE. XRP’s pump is real. KASPA’s breakout matters. But those moves are already in progress. MAGACOIN FINANCE is just beginning — and the buyers getting in now are setting themselves up for what could be crypto’s next historic return curve. Buy MAGACOIN FINANCE now — exclusively at MAGACOINFINANCE.COM Website: https://magacoinfinance.com X/Twitter: https://x.com/magacoinfinance
The American stock exchange, Nasdaq, has urged the U.S. Securities and Exchange Commission (SEC) to develop a clear and consistent classification framework for crypto assets, emphasizing the need for regulatory clarity as digital assets continue to develop. In a 23-page letter addressed to the SEC’s Cryptocurrency Task Force, Nasdaq called for a structured taxonomy to help define which agency should regulate specific types of crypto assets. Nasdaq Pushes for Four-Tier Crypto Classification in Letter to SEC The exchange operator proposed categorizing digital assets into four distinct categories: financial securities, digital asset investment contracts, digital asset commodities, and other digital assets that fall outside existing definitions. Nasdaq sent a detailed letter to the SEC outlining a plan to split digital assets into four clear groups: securities, digital asset investment contracts, commodities, and everything else. I think having a clear guide now could really help shape smarter rules down the line. — Ian Balina (@DiaryofaMadeMan) April 25, 2025 Nasdaq asserted that this framework would help delineate regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), depending on the nature of the asset. “While a stock by any other word would still be a stock, the existing market ecosystem can readily absorb digital assets by establishing the proper taxonomy and calibrating certain rules to reflect what is truly new and novel about digital assets,” the letter stated. According to Nasdaq, digital assets that qualify as financial securities, such as tokens tied to stocks, bonds, or ETFs, should be treated the same as their underlying assets and regulated by the SEC. Investment contracts that meet the criteria under a clarified version of the Howey test would also fall under the SEC’s jurisdiction. However, commodities would be regulated by the CFTC, while digital assets that don’t fit these classifications would be exempt from securities or commodities rules. The letter, signed by John Zecca , Nasdaq’s Chief Regulatory Officer, emphasized the importance of respecting the existing financial system while adapting it to accommodate digital assets. “Digital assets that constitute financial securities must trade as they do today,” Zecca wrote. Nasdaq also suggested that regulators create a new crossover designation for trading platforms that handle multiple types of digital assets under a single roof. The company noted that its global infrastructure already supports digital asset platforms across six continents, including trading, surveillance, and clearing services. Additionally, Nasdaq advised that regulators consider enhanced oversight or constraints for vertically integrated crypto firms that manage all aspects of investor activity, from issuance to trading and custody. The letter was submitted in response to SEC Commissioner Hester Peirce’s call for industry input on future crypto regulation. SEC Indicates Shift Toward Clearer Crypto Rules Under New Leadership As Nasdaq calls for well-defined crypto asset classifications, momentum is building in Washington for a broader regulatory reset. SEC Commissioner Mark Uyeda recently outlined a shift from the agency’s prior enforcement-first approach , intending to take a more open and collaborative regulatory tone under the Trump administration. In a CNBC interview during the World Bank and IMF Spring Meetings, Uyeda revealed that the SEC has launched a new crypto task force focused on crafting clear, cost-effective rules for digital assets, an effort he says seeks to reverse the chilling effect past enforcement actions have had on innovation. SEC Commissioner Mark Uyeda joins us from the World Bank in D.C. to discuss the @SECGov 's shifting stance on regulation, crypto and much more as the new Chair is sworn in. https://t.co/KFTsdeI6ZE — Money Movers (@moneymoverscnbc) April 23, 2025 Uyeda acknowledged that years of aggressive legal actions pushed many crypto firms offshore. The agency is now engaging with the White House and Treasury through joint task forces on crypto and AI, and hosting public roundtables to gather industry feedback. The first session addressed the core question of how to apply the Howey Test to digital assets, a decades-old standard still fueling legal uncertainty. Meanwhile, newly sworn-in SEC Chairman Paul Atkins affirmed his intent to make digital asset regulation a top priority, pledging a “principled” approach to ensure the U.S. remains a global hub for crypto innovation. The post Nasdaq Presses SEC for Four-Tier Crypto Rulebook, Demands Regulatory Clarity appeared first on Cryptonews .