Binance now enables USDC deposits via the Sonic network. The coins are managed by Sonic Labs using smart contracts. Continue Reading: Binance Accelerates USDC Deposits Using Sonic Network The post Binance Accelerates USDC Deposits Using Sonic Network appeared first on COINTURK NEWS .
Big news is shaking up the world of institutional crypto investing! Coinbase Asset Management, the dedicated arm of the well-known crypto exchange, is stepping up its game by launching a brand-new product designed specifically for sophisticated players: the Coinbase Bitcoin Yield Fund . Set to go live on May 1st, this fund isn’t just another way to hold Bitcoin. It’s structured to generate returns on deposited Bitcoin, aiming for an annualized yield of between 4% and 8%. And here’s a key detail: these returns are paid out directly in Bitcoin, allowing investors to compound their holdings. But who exactly is this fund for, and how does it plan to generate these returns? Let’s dive in. Who Can Invest in the Coinbase Bitcoin Yield Fund? Unlike many retail-focused crypto products, the Coinbase Bitcoin Yield Fund is exclusively targeting non-U.S. institutional investors. This means large financial firms, asset managers, endowments, and similar entities based outside the United States are the primary audience. The focus on non-U.S. institutions likely stems from the varying regulatory landscapes around cryptocurrency investments across different jurisdictions. Coinbase is positioning this fund to meet the specific needs and regulatory requirements of institutional players operating in regions with potentially clearer frameworks for crypto asset management products. The fund allows investors to deposit Bitcoin directly and offers the flexibility of monthly withdrawals, providing a degree of liquidity that is crucial for institutional portfolio management. How Does the Fund Generate Bitcoin Yield? Understanding the Basis Trading Strategy Generating yield in the crypto space can involve various strategies, from lending assets to participating in complex DeFi protocols. However, the Coinbase Bitcoin Yield Fund employs a specific, often considered lower-risk approach: basis trading. What exactly is basis trading? In simple terms, it’s a market-neutral strategy that seeks to profit from the price difference (the ‘basis’) between a spot asset (like Bitcoin itself) and its corresponding derivatives contract (like a futures contract) on different exchanges or markets. Here’s the basic idea: An investor buys the spot asset (e.g., Bitcoin) on one market. Simultaneously, they sell a futures contract for the same asset on another market, typically one that is trading at a premium (a higher price) to the spot market. As the futures contract approaches its expiration date, its price tends to converge with the spot price. The profit comes from the difference between the price at which the futures contract was sold and the price at which the spot asset was bought (or vice versa), minus any costs like trading fees or funding rates. This strategy is often described as ‘low-risk’ because it is largely market-neutral. The trader is not betting on whether the price of Bitcoin will go up or down significantly. Instead, they are profiting from a predictable price relationship between the spot and futures markets. While not entirely risk-free (there are risks like execution risk, funding rate volatility, and counterparty risk), it generally carries less directional price risk compared to simply holding Bitcoin or engaging in more complex yield farming activities. By utilizing this Basis Trading Strategy , Coinbase Asset Management aims to provide a more stable and predictable yield source for institutional clients compared to strategies that are highly exposed to Bitcoin’s price volatility. Why is Institutional Crypto Investing Evolving? The launch of products like the Coinbase Bitcoin Yield Fund highlights a significant trend: the increasing maturity and sophistication of Institutional Crypto Investing . As the digital asset market grows, institutional players are looking for regulated, familiar, and lower-risk ways to gain exposure and generate returns. Traditional finance firms are becoming more comfortable with the asset class, but they require infrastructure and products that meet their compliance, security, and operational standards. Simple spot buying is one thing, but generating yield in a controlled, predictable manner is another challenge. This fund caters directly to that need, offering a structured product managed by a regulated entity (Coinbase Asset Management) that employs a strategy understood in traditional finance circles (arbitrage/basis trading). Benefits and Considerations for Investors For eligible non-U.S. institutions, the Coinbase Bitcoin Yield Fund presents several potential benefits: Yield Generation: Provides a way to earn a return on idle Bitcoin holdings. Lower Risk Profile: The basis trading strategy is generally less volatile than directional trading or some DeFi yield methods. Regulated Access: Investing through Coinbase Asset Management offers a layer of regulatory oversight and institutional-grade infrastructure. Paid in Bitcoin: Returns are reinvested in Bitcoin, potentially increasing the overall BTC holdings over time. Liquidity: Monthly withdrawal options offer flexibility. However, institutions considering this fund should also keep potential considerations in mind: Targeted Audience: It’s only available to non-U.S. institutions, limiting accessibility. Target vs. Guaranteed Yield: The 4-8% is a target annualized return, not a guarantee. Performance can fluctuate based on market conditions for basis trading. Risks Involved: While lower risk, basis trading still involves risks like funding rate volatility, counterparty risk with exchanges, and operational risks. Minimum Investment: Institutional funds typically have high minimum investment requirements (though not specified in the source, it’s standard practice). Coinbase Asset Management’s Role The launch of this fund underscores the growing importance of dedicated Crypto Asset Management firms. These entities specialize in building and managing investment products tailored for the digital asset space, bridging the gap between traditional finance and crypto. Coinbase Asset Management’s move into the yield fund space signals its commitment to serving institutional clients with sophisticated products beyond basic trading and custody. The fact that the fund is seeded by firms like Aspen Digital indicates early institutional confidence in the product and strategy. This development is a positive sign for the broader crypto ecosystem, demonstrating that the market is maturing and attracting serious institutional capital through regulated and innovative financial products. In Conclusion The launch of the Coinbase Bitcoin Yield Fund marks a significant step in the evolution of Institutional Crypto Investing . By offering a regulated product that leverages a low-risk Basis Trading Strategy to generate Bitcoin Yield , Coinbase Asset Management is directly addressing the needs of non-U.S. institutional investors looking for safer ways to earn returns on their digital assets. While exclusively available to a specific type of investor, this fund sets a precedent for how established players like Coinbase are building the infrastructure and products necessary for mainstream institutional adoption of crypto assets. It’s a compelling opportunity for eligible firms seeking yield in the digital asset space without taking on excessive directional risk. To learn more about the latest explore our article on key developments shaping Bitcoin institutional adoption.
Will XMR rally higher ahead of a likely breakout above long-term resistance at $260?
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Mobile devices now allow users to earn cryptocurrencies through Bitcoin mining applications. The following article presents a collection of the speediest Bitcoin mining applications that excel in credibility for the year 2025. The article provides you with the best functioning applications, including cloud mining and free payout features, which make making money in this domain hassle-free. Can you Earn Money with a Mining App? Your smartphone enables you to begin mining Bitcoin even though the prospect might appear too fantastic to believe. FioBit and similar apps enable users to generate reliable passive earnings. Most mining applications shift from using smartphone hardware to cloud mining technology which delivers a safer and more efficient way to obtain Bitcoin. Potential Bitcoin mining earnings from using a mobile app become a point of curiosity for potential miners. The different packages listed in the table reveal the profits available to users. 10 Approved Bitcoin Mining Apps for Android & iOS 1. FioBit (Rating 9.8/10) FioBit provides users with a range of experience levels with simplified cryptocurrency mining operations. This platform enables AI-driven optimization and completely renewable energy usage to deliver efficient and sustainable mining operations. The platform enables users to view clear prices, secure system operation, and multiple flexible investment plans. FioBit provides everyone from novices to experienced users, with a simple and lucrative method to extract top cryptocurrencies using minimal work. Users who want to experience FioBit’s capabilities first can explore the platform through its free trial period. New User Reward Policy： Click to register to receive $100 for free , and you can participate in free computing power activities every day to earn $1 in real income for free every day Provide stable and high-return investment plans: no hidden fees, transparent returns, payments every 24 hours, guaranteed profits, not affected by market changes, worry-free and safe. Miner Model Contract Price Term (Days) Daily Profit Total Profit WhatsMiner M63S+ 424Th/s $200 1 $7.00 $7.00 Antminer L7 8.8Gh/s $600 2 $16.80 $33.60 Antminer S21 Hyd 335Th/s $1,200 3 $37.20 $111.60 Antminer L7 9.3Gh/s $3,600 5 $126.00 $630.00 Antminer L7 9.5Gh/s $7,800 6 $312.00 $1,872.00 Antminer S21 XP Hyd 473Th/s $16,800 7 $840.00 $5,880.00 2. ECOS (Rating 9.7/10) The platform provides mining services together with financial investment capabilities under regulatory oversight. The platform provides customers with a complete set of financial instruments that combines portfolio management alongside crypto savings functionality. 3. Binance Pool (Rating 9.6/10) Users receive mining services from a platform that receives authentication support from the renowned Binance cryptocurrency exchange. The mining platform provides a secure environment together with affordable fees while offering straightforward asset transfer capabilities to Binance user accounts. 4. NiceHash (Rating 9.5/10) The decentralized mining marketplace allows users to acquire and sell hashing power through its popular platform that supports various cryptocurrencies. The platform enables users to trade and manage different cryptocurrencies while miners can adapt their earnings using current market conditions. 5. Bitdeer (Rating 9.4/10) The company delivers cloud mining solutions with adjustable plans which suit various budget ranges. Throughout its operations the company offers clear pricing as well as high-performance mining rigs and multiple contract choices suitable for novices and professional miners. 6. Kryptex Miner (Rating 9.3/10) A mining software with user-friendly features which supports PC and mobile operative systems. Users can profit from mining with this software by enabling it to pick the highest profitable coin which also includes simple withdrawal features in either crypto or fiat currency. 7. Bitdeer App (Rating 9.2/10) The application serves as a user-friendly platform for cloud mining operations with a simplified design for easy access. The user-friendly interface of this product allows unskilled users to access its features. 8. Bitfufu (Rating 9.1/10) Users can access Bitcoin free claims through a distinctive platform that also allows mining services. The platform enables users to accumulate Bitcoin for free through their process before they mine additional Bitcoin to boost their earnings. 9. BeMine (Rating 9/10) The service provides users with cloud mining capabilities across Bitcoin and multiple associated cryptocurrencies. Users can purchase mining equipment shares remotely through this service while obtaining price-competitive energy agreements for maximum financial returns. 10. CryptoTab Browser (Rating 8.9/10) This web browser includes the necessary cryptocurrency mining protocol within its framework. Users can mine Bitcoin while browsing the internet through this application because it provides a smooth mechanism to acquire cryptocurrency without dedicated mining hardware. Best Free Bitcoin Mining Apps That Pay Instantly Optimal mining applications with no initial costs and speedy payment options include the following: FioBit– Free cloud mining with instant withdrawals. CryptoTab Browser – Pays users in BTC for browsing. How to Pick the Best Bitcoin Mining App for Maximum Profits The world of mining applications features various solutions that do not perform with equivalent efficiency. Check the following factors while choosing an app. Mining Speed: The faster the mining algorithm, the better the earnings. Fees & Commissions: Choose applications that demand small transaction fees when making the selection. Payment Methods: Check that the application allows money withdrawals to your selected preferred digital wallet. Security Features: Choose applications that provide two-factor authentication (2FA) as well as encryption features. Benefits of Using a Bitcoin Mining App There are several advantages, a few of which are mentioned below: Convenience: Mine Bitcoin on the go. Low Entry Barrier: No expensive hardware is needed. Passive Income: Earn Bitcoin with minimal effort. Low Maintenance: No hardware setup or upkeep is required. Accessibility: Easy for beginners to start. Flexible Payouts: Fast and reliable payment options. Conclusion: The enjoyment of mining Bitcoins through applications provides users with small returns of cryptocurrency assets. Your earning potential in mining will improve if you select a secure application that offers dependable services, quick transfers, and minimal transaction costs. People who wish to expand their mining potential can find enhanced profit opportunities in cloud mining platforms . Get on the best platform, and then download the application to initiate your crypto-mining journey. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
In crypto news today: Crypto market is red today Taurus and Figment Partner to Enable Global Institutional Staking Vaulta and Ultra Partner to Build the ‘Netflix of Gaming’ PancakeSwap Unveils PancakeSwap Infinity (PancakeSwap v4) __________ Crypto market is red today The market is back to red today. Over the past 24 hours, the global cryptocurrency market capitalization has decreased by 1.6%, currently standing at $3.07 trillion. At the time of writing, the daily crypto trading volume is $86.5 billion, trending downwards again. Looking at the top 10 coins category, we find three coins in the green. Ethereum (ETH) increased the most among these. It’s up 1.3%, now trading at $1,821. Bitcoin (BTC) and TRON (TRX) are also green but are up just 0.2% each, meaning they are unchanged over the past day. BTC is changing hands at $95,022, while TRX stands at $0.2462 at the time of writing. At the same time, XRP fell the most: 0.9% to $2.29. Of the top 100 coins per market cap, a third are red today. Official Trump (TRUMP) fell the most: 8.6% to the price of $13.64. It’s followed by Ethena (ENA) , which decreased by 5.6% to $0.3263. On the other hand, Virtuals Protocol (VIRTUAL) is the only coin with a double-digit increase today. It’s up 14.8%, now trading at $1.47. The next highest gainer on this list is Flare (FLR) , having appreciated 9% to $0.01875. Taurus and Figment Partner to Enable Global Institutional Staking Taurus SA , a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse , and Figment , an independent provider of staking infrastructure, have partnered to integrate Figment’s enterprise-grade staking infrastructure into Taurus’ digital asset platform. Per the announcement shared with Cryptonews , the collaboration will enable Taurus’ customers globally to access Figment’s staking services. At the same time, they are protected by the Taurus PROTECT platform, a custody solution for banks, it says. Taurus has partnered with @Figment_io to enable institutional staking on a global scale. Through this partnership, our clients can securely access Figment’s enterprise-grade staking services using the Taurus-PROTECT custody platform. https://t.co/2DHx5dHNqU pic.twitter.com/zVOVsyw4fH — Taurus (@taurus_hq) April 29, 2025 Furthermore, Taurus clients can earn rewards on major blockchain networks, including Ethereum, Solana, and many other Proof-of-Stake protocols. They do so by staking their digital assets via Figment’s infrastructure. “This integration ensures clients retain full ownership of their digital assets and rewards throughout the entire staking flow,” the team claims. Eva Lawrence, Figment’s Regional Managing Director in EMEA, commented that the collaboration “leverages both companies’ experience working with leading regulated banks and large institutions.” Victor Busson, Chief Marketing Officer at Taurus, added that it reflects their commitment to “providing regulated financial institutions with secure, compliant, and scalable access to staking services.” You might also like Taurus Integrates with Solana, Enables Institutions to Enter Tokenized Asset Space Vaulta and Ultra Partner to Build the ‘Netflix of Gaming’ Web3 Banking OS Vaulta (previously EOS Network ) has announced a financial and technical partnership with blockchain gaming platform Ultra to position Ultra as Vaulta’s gaming arm. According to the press release shared with Cryptonews , the partners will accelerate the creation of a full-service platform that will allow digital assets to be tokenized, traded, and monetized across games. Furthermore, it will support decentralized marketplaces, cross-game integrations, and metaverse banking. Ultra doesn’t do hype. We build foundations. Gaming needs infrastructure. Finance needs it too. With @Vaulta_ , we’re building both, together. https://t.co/GRRLc2IpMf — Gus van Rijckevorsel (@Gusvanrijck) April 29, 2025 The platform will be powered by a low-cost, fast, and interoperable infrastructure, the team says. Additionally, Ultra will gain access to the Vaulta Spring framework to boost scalability, security, and user experience. Finally, the announcement argues that “Ultra will also benefit from the Vaulta Banking OS framework, offering enhancements in transaction speed and asset management, while giving Ultra’s gaming ecosystem access to the multi-chain interoperability (IBC) environment.” You might also like Vaulta (ex-EOS Network) and Virgo Launch Cross-Border Payments Solution PancakeSwap Unveils PancakeSwap Infinity (PancakeSwap v4) Decentralized exchange (DEX) PancakeSwap has launched its latest upgrade, called PancakeSwap Infinity (formerly known as v4). The team says that this is its most advanced upgrade. Per the announcement, this is “a significant leap in DeFi” as it offers “unparalleled” customization and cost efficiency for traders and liquidity providers. It comes with improved flexibility and liquidity solutions, as well as lower transaction costs. Also, PancakeSwap Infinity’s codebase will be released under an open-source license. Why the Rebrand to PancakeSwap Infinity? “Infinity” symbolizes boundless potential, where innovation knows no limits Represents our commitment to infinite possibilities in DeFi A community-driven protocol where everyone can contribute — PancakeSwap (@PancakeSwap) April 28, 2025 PancakeSwap Infinity supports multiple pool types to enable maximum flexibility: LBAMM (Liquidity Book AMM) and CLAMM (Concentrated Liquidity AMM) at launch and more pool types in the future. Moreover, liquidity providers maintain full control over their fee pool structure. While previous versions had fixed fee tiers, this one allows them to choose between dynamic or static fee pools based on their strategy. PancakeSwap Infinity also introduces Hooks, externally deployed contracts that act as add-ons, allowing projects and developers to deploy and apply custom features that improve their strategies. Furthermore, the upgrade optimizes smart contract infrastructure to lower gas costs. “By consolidating all liquidity pools into a single contract (the Singleton Contract), pool creation costs have been reduced by up to 99%,” the announcement says. You might also like PancakeSwap Reveals No-Code Token Launchpad Platform ‘SpringBoard’ __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .
Summary ⚈ Trump Tower Dubai will accept cryptocurrency payments for apartments priced from $1 million. ⚈ Eric Trump says the project will redefine luxury and price standards in Dubai real estate. ⚈ Crypto volatility concerns have eased with stablecoins, making real estate payments more viable. Scheduled for completion in 2029 , the 47-story Trump Tower in Dubai, located on Sheikh Zayed Road, will offer a variety of purchasing plans, with prices estimated to range from $1 million for a four-bedroom apartment to $20.4 million for a penthouse. Notably, the Trump Organisation has confirmed it will accept cryptocurrency payments for property purchases, per a statement made by EVP Eric Trump to The National , a United Arab Emirates-based news outlet, on April 29 . “Dubai’s real estate market is going to continue to absolutely boom and we’re going to set the kind of new standard in terms of price per square foot and luxury in the market,” Mr Trump said. Trump Tower Dubai accepting cryptocurrencies for payment could accelerate adoption While accepting cryptocurrency payments for real estate is nothing new — the first such instance having occurred in 2022 , this particular use case hasn’t caught on and reached mainstream appeal. However, developments like the one regarding the Trump Tower in Dubai could serve to change that going forward. Eric Trump, the organization’s executive vice president (EVP), unveiled the official launch of the project in a December 11, 2024 X post , announcing the investment of $1 billion in a development in Dubai. Incredibly proud to officially launch a project that has been underway for many months, Trump Tower – Jeddah! Thank you to our partners @dar_global – This will be our 5th project together and among the most luxurious buildings anywhere in the world! pic.twitter.com/uzlbrteZG4 — Eric Trump (@EricTrump) December 11, 2024 With a more mature cryptocurrency ecosystem in place, particularly with the rise of stablecoins, what was once considered the main obstacle toward the widespread use of crypto in real estate transactions, volatility, is now an entirely solvable issue. Featured image from Shutterstock The post Trump Tower in Dubai to accept crypto payments appeared first on Finbold .
XRP (XRP-USD) is trading around $2.28 today, but fresh whale moves, the approval of XRP futures ETFs, and bullish analyst targets up to $15 are giv...
Bitcoin Experiences Surge in Capital Turnover as Speculators Re-enter the Market Bitcoin’s recent price resurgence is drawing attention, indicating a revival of interest from speculators in the cryptocurrency market. With
In a significant development within the luxury real estate sector, Eric Trump recently disclosed the Trump Organization’s commitment to a substantial $1 billion investment in Dubai. This ambitious initiative will