Amidst turbulent market conditions, Bitcoin miners are increasingly liquidating their assets to maintain operational viability, according to CryptoQuant. As the price declines and mining difficulty escalates, firms are compelled to
Bitcoin miners are dumping more coins to keep their heads above water, said CryptoQuant, citing the depressed price and growing difficulty.
Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to the announcement shared with Bitcoin.com News, the collaboration aims to automate cross-chain transaction monitoring and reduce
In an unusual turn of events, recent data has shown that stock index volatility reached high levels that brought it on par with the volatility of the world’s most popular cryptocurrency, Bitcoin. The relatively stable traditional asset markets tested turbulent waters thanks to last week’s market activities that saw investors reacting to the tariffs issued by President Donald Trump. Bitcoin has been known for its high volatility and sharp price swings, but data from Nasdaq composites volatility over the past 30 days shows that it surpassed Bitcoin for the first time last week after President Trump reportedly put a hold on tariffs for most countries apart from China for 90 days. For China, Trump increased the tariffs targeting the country. High volatility in the cryptocurrency space has been a constant feature and it’s one of the few things that set’s it apart from the equities market. However, recent trends show that it’s gradually changing as pointed out by industry observers. The volatility landscape is changing For the first time in a long time, Nasdaq’s 21-day realized volatility overtook Bitcoin’s 30-day volatility, reaching 59.8% compared to Bitcoin’s 46.4% on April 10, according to data from Dow Jones Market Data. It’s important to note that Bitcoin trades around the clock, 24 hours a day, seven days a week, while U.S. equities only trade on weekdays from 9:30 a.m. to 4 p.m. ET. This wider trading window can sometimes smooth out extreme fluctuations in crypto as pointed out by analysts. However, the market experienced some resurgence on Monday, ending on a high note after the Trump administration announced that it would exempt smartphones, electronic integrated circuits, and some consumer-electronics products as well as machines used in making semiconductors from the tariffs. Although the White House has added that these exemptions were temporary. Analysts have also pointed out that tariffs affect the stock market directly as they impact the actual companies listed there and their profit margins, which in turn impacts consumer and investors’ confidence. Bitcoin, on the other hand, is relatively insulated or not as impacted by the effects of tariffs. Greg Magadini, the director of derivatives at crypto-data platform Amberdata, has also highlighted another guardrail for Bitcoin’s volatility. Magadini noted that Bitcoin’s volatility has been on a decline in part due to institutional involvement, especially after the launch of Bitcoin exchange-traded funds (ETFs) last year. Policy stability and regulatory shift may be the answer The Donald Trump administration is known to have a pro-crypto regulatory stance, which stakeholders also see as influential in relatively stabilizing Bitcoin. The president signed executive orders to create a federal framework for digital asset regulation and even proposed the establishment of a national Bitcoin reserve . Trump’s stance on crypto marks a major shift from the Biden administration. Under the new administration, the Securities and Exchange Commission has dismissed lawsuits against several crypto companies, and the President has pardoned some players in the crypto space convicted for crypto-related crimes, such as former BitMEX CEO Arthur Hayes. The reduction of speculative volatility may be attributed to these moves boosting institutional confidence in Bitcoin. While it remains to be seen whether this trend continues, the recent convergence in volatility between equities and Bitcoin suggests a changing narrative. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Key Takeaways: Zak Coyne’s role in building and managing Labhost reveals a disturbing evolution in online fraud. Coyne now faces nearly a decade behind bars which shows the growing stakes for cybercriminals. The continued rise of phishing—now infiltrating even government officials’ accounts—shows that cybercriminal networks remain highly active and dangerously effective. According to a press release on April 14 from England and Wales top prosecution agency, the Crown Prosecution Service, British citizen Zak Coyne has been sentenced to almost a decade prison for operating a phishing service intended to generate scams for fraudsters. Labhost’s Zak Coyne Profited Off Of Laundered Crypto The press release stated that Coyne played an “integral role in the creation, operation and administration” of Labhost, a one-stop phishing as a service site for scammers. Zak Coyne, 24, facilitated extensive fraudulent conduct worldwide by creating and running a 'one-stop shop for phishing' online. Today he has been sentenced. https://t.co/YLfp6rGVGs pic.twitter.com/nEM2A2IeDH — Crown Prosecution Service (@CPSUK) April 14, 2025 Coyne, who received $230,000 worth of laundered cryptocurrency for “designing and administering” Labhost’s website, was apprehended at Manchester Airport on Monday. Users of Labhost would pay a monthly service and in turn garner access to websites that appeared to be legitimate government, commercial and banking URLs they could then use to defraud unsuspecting victims. The massive scheme saw over one million victims in 91 countries defrauded, with losses of victims in the U.K. accounting for £32 million ($42 million USD). Coyne pleaded guilty to one count of making or supplying articles for use in fraud, one count of encouraging or assisting the commission of an offense and one count of transferring criminal property at Manchester Crown Court. “This was a sophisticated worldwide criminal enterprise which enabled others to perpetrate fraud on a massive scale, resulting in losses totalling more than £100 million,” Thomas Short, Specialist Prosecutor for the Crown Prosecution Service, said. “Fraud is far from a victimless crime and the harm caused by Coyne’s offending are measured not just in monetary terms, but also in the distress inflicted on countless victims who fell prey to these scams,” he added. Phishing Scams Continue To Pervade Society News of Coyne’s arrest and subsequent guilty plea comes amid the concerning continuation of phishing attacks at large, with 48% all emails in 2022 found to be spam. On Tuesday, the BBC reported that Government Minister Lucy Powell’s X accunt had been hacked to promote a cryptocurrency scam . Overall, Coyne’s conviction shows the growing international efforts to crack down on cyber-enabled fraud, as authorities grapple with the rising tide of phishing scams that continue to exploit millions of victims worldwide. The post British Man Apprehended At Airport, Jailed for More Than 8 Years Over Phishing Scam appeared first on Cryptonews .
Key Takeaways: Despite spearheading a campaign to slash federal regulations and cut spending, Musk’s efforts are proving politically unpopular. Musk’s dual role as a business magnate and government official is reigniting debates over where ethical lines should be drawn when private-sector leaders step into public power. Lawmakers like Senator Elizabeth Warren are pushing for tighter oversight of special government employees. Over 50% of Americans believe Department of Governmental Efficiency (DOGE) head Elon Musk and tech companies overall have too much influence on U.S. government, according to a new poll this week from UMass Amherst. New Poll Finds Majority Believe Musk Influences Federal Government Too Much Conducted from April 4 through to April 9 , the poll found that over half of the U.S. believes Musk, tech companies, and Wall Street at large wield too much influence over the federal government under U.S. President Donald Trump. Majority of Americans Distrust Elon Musk’s Efforts to Cut Federal Spending, New National UMass Amherst Poll Finds : UMass Amherst https://t.co/0pLkdRWC5o — UMass Poll (@UMassPoll) April 15, 2025 Meanwhile, 59% of surveyed participants said that they had little to no trust that Musk would not use his position of power to benefit his own business interests. “Only three months into his tenure at DOGE, questions concerning Musk’s conflict of interests, his legal authority to cut federal programs, and the actual budgetary savings that DOGE has elicited continue to swirl,” says the poll’s director, Professor Tatishe Nteta. “Given the unpopularity of Musk’s efforts to rein in federal spending, it is no surprise that many expect Musk to return to his businesses and to put Washington, D.C., in his rearview mirror,” he added. Democratic U.S. Lawmakers Push Back Musk, who has been a proponent of cryptocurrencies like Dogecoin in the past, has faced widespread backlash for his new position in Trump’s administration. The SpaceX founder has largely spearheaded a campaign directed at cutting government regulations in a bid to curb America’s excess spending, though critics argue his role goes too far. Senator Elizabeth Warren (D-MA), who recently urged the Department of Justice to reverse its decision to disband its crypto enforcement, co-sponsored a bill on Monday that would order ethics checks on special government employees like Musk. Trump, meanwhile, has also faced criticism for his business affiliations while in the Oval Office, with Fortune reporting Tuesday that he will launch his own crypto-infused, Monopoly style real estate game. The post New Poll Shows Americans Believe Tech Companies, Elon Musk Has Too Much Power Over Government appeared first on Cryptonews .
Solana’s meme coin market is experiencing a resurgence, with daily trading volumes soaring over $100 million as user participation reaches new heights. Axiom and Pumpswap are leading the charge, showcasing
With Bitcoin (BTC) holding near $80K , Ethereum (ETH) showing strength above $1,560 , and Solana (SOL) gaining momentum, some traders still believe a $1K setup could reach life-changing levels. But the ones looking beyond the majors are targeting a fast-growing altcoin project — MAGACOINFINANCE . Current Price Highlights BTC : Trading at $80,165 , testing higher breakout levels ETH : Holding near $1,560 , with institutional ETF demand rising SOL : Active at $117.93 , leading Layer-1 development again FINAL CALL — ACT NOW & SECURE YOUR SPOT! Stage 7 Nearly Filled – Join Before ROI Shrinks MAGACOINFINANCE is moving fast. After Stage 6 SOLD OUT , Stage 7 went live with pricing at just $0.0002908 . But here’s the urgency— over 60% is already filled , and every stage pushes the price higher. With a listing target of $0.007 , the base ROI is +2,308% . Add in the MAGA50X bonus for 50% more tokens , and the upside jumps to +3,645% . More than 12,500 holders are already in. You missed Stage 6— don’t miss this one. JOIN 12,500+ NOW — LIMITED TIME BTC and SOL Are Solid—but MAGACOINFINANCE Is the Early Entry SOL and BTC are power plays, no doubt. But they won’t deliver a 25x return in 2025. Analysts compare MAGACOINFINANCE to early-stage SHIBA and DOGE —those who acted early saw astronomical ROI. With current entry still under $0.0003 , MAGACOINFINANCE could be the next breakout altcoin traders are looking for. ROI Comparison – BTC, ETH, SOL vs MAGACOINFINANCE BTC : $80K to $150K = +87.5% ROI ETH : $1,560 to $10K = +541% ROI SOL : $117.93 to $300 = +154% ROI MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI 50% EXTRA BONUS LIVE — USE CODE MAGA50X BEFORE IT’S GONE! Other Coins to Watch: XRP, TON, LINK, HBAR XRP holds firm above $2.03 , gaining use case exposure. TON at $1.08 and LINK at $12.42 continues powering Web3 oracles while HBAR at $0.172 is quietly expanding enterprise traction Conclusion The market is heating up—but nothing matches the urgency, ROI math, and early momentum behind MAGACOINFINANCE right now. This could be your SHIBA moment—if you act fast. Buy early, stay smart, and move before Stage 7 closes. Always do your own research before investing. For more information and to participate in the presale:Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $1K Could Still Hit $75K With ETH, SOL, and BTC
Recent developments regarding XRP’s regulatory landscape have sparked renewed interest and optimism among investors and analysts alike. The anticipation surrounding a potential XRP ETF approval is gaining traction, as recent
Get ready for a seismic shift in the crypto world! The stablecoin market, already a vibrant space, is about to get even more dynamic. Industry experts at Fireblocks are signaling a major escalation in stablecoin competition , with traditional financial powerhouses like banks and payment firms gearing up to launch their own digital currencies. What does this mean for the future of finance and the crypto landscape? Let’s dive in and explore this exciting development. Why is Stablecoin Competition Heating Up? According to Ran Goldi, SVP of payments at Fireblocks, we’re on the cusp of a new era in the stablecoin market. Several factors are converging to fuel this stablecoin competition : Regulatory Tailwinds: The regulatory landscape is becoming clearer, especially in regions like the EU with its Markets in Crypto-Assets (MiCA) regulation. Pending legislation in the U.S. is also providing a framework for banks and financial institutions to operate within the crypto space. This clarity is giving institutions the confidence to move forward with their stablecoin strategies. Growing Demand for Digital Payments: The need for efficient and cost-effective cross-border payments is rising. Stablecoins offer a compelling solution, providing faster transaction times and lower fees compared to traditional systems. Technological Maturity: Blockchain technology and stablecoin infrastructure have matured significantly, making it easier and safer for banks and payment firms to launch and manage digital currencies. Goldi predicts a surge in stablecoin offerings, estimating as many as 50 new stablecoins could emerge by the end of the year. This influx of new players will undoubtedly intensify the stablecoin competition and reshape the market. Bank Stablecoins: A New Era of Digital Currency? The entry of banks into the stablecoin arena is a game-changer. For years, the crypto market has been largely dominated by decentralized players. Now, traditional financial institutions are stepping in, bringing with them trust, regulatory compliance, and vast customer networks. But what exactly are bank stablecoins , and what advantages do they offer? Bank stablecoins are digital currencies issued by regulated banks and pegged to a fiat currency, typically the US dollar or Euro. This backing by traditional banks provides a level of security and stability that some perceive as lacking in purely crypto-native stablecoins. Here’s a breakdown of the potential benefits: Benefit Description Enhanced Trust and Security Backed by regulated banks, offering greater assurance and consumer protection. Regulatory Compliance Designed to meet stringent regulatory requirements, reducing compliance burdens for users. Integration with Traditional Finance Seamless integration with existing banking infrastructure and payment systems. Wider Adoption Potential Banks’ established customer base and brand recognition can accelerate stablecoin adoption. However, the rise of bank stablecoins also presents challenges. Interoperability between different stablecoin platforms and ensuring robust security protocols will be crucial for widespread adoption. Moreover, the regulatory landscape is still evolving, and banks will need to navigate complex compliance requirements across different jurisdictions. Stablecoin Regulation: MiCA and Beyond Regulation is playing a pivotal role in shaping the future of stablecoins. The EU’s MiCA regulation is a landmark piece of legislation that provides a comprehensive framework for crypto-assets, including stablecoins. MiCA aims to foster innovation while mitigating risks, and it’s already influencing how stablecoin issuers operate in Europe and beyond. Key aspects of stablecoin regulation under MiCA include: Licensing Requirements: Issuers of significant stablecoins will need to obtain licenses and adhere to strict operational and capital requirements. Reserve Requirements: Stablecoin issuers must maintain adequate reserves to back their tokens, ensuring they can meet redemption requests. Consumer Protection: MiCA includes measures to protect consumers, such as transparency requirements and mechanisms for dispute resolution. In the United States, while there isn’t a single, comprehensive federal framework yet, various agencies are actively working on stablecoin regulation. Pending legislation is expected to bring more clarity and potentially pave the way for broader adoption of digital currency and stablecoins within the U.S. financial system. The Power of Crypto Payments: Cross-Border Transactions and Beyond One of the most compelling use cases for stablecoins is in crypto payments , particularly for cross-border transactions. Traditional cross-border payments can be slow, expensive, and involve multiple intermediaries. Stablecoins offer a faster, cheaper, and more efficient alternative. Goldi highlighted the increasing use of stablecoins in cross-border payments, noting that banks in Brazil and Singapore are already actively utilizing them. This real-world adoption underscores the practical benefits of crypto payments for businesses and individuals engaged in international trade and remittances. While USDT (Tether) currently dominates the global stablecoin market, USDC (USD Coin) is positioning itself to gain ground, particularly in Europe, due to its licensing under MiCA. The regulatory clarity provided by MiCA could give USDC a competitive edge in the European market and beyond. Navigating the Digital Currency Landscape: What’s Next? The digital currency landscape is evolving rapidly, and the intensifying stablecoin competition is a key driver of this change. Banks and payment firms are not just dipping their toes in the water; many are actively developing strategies for stablecoin adoption and implementation. CoinDesk reports that numerous banks are currently drafting stablecoin strategies, with actual implementations expected to begin as early as 2026. This timeline suggests that we are still in the early stages of this transformation, but the momentum is building. Key Takeaways for Navigating this Evolving Landscape: Stay Informed: Keep abreast of regulatory developments, particularly in regions relevant to your business or interests. Explore Stablecoin Options: Evaluate different stablecoins and their suitability for your payment needs, considering factors like regulation, security, and interoperability. Prepare for Change: The financial landscape is shifting. Businesses and individuals should prepare for increased adoption of digital currencies and explore how stablecoins can enhance their operations. Engage with the Ecosystem: Participate in industry discussions, attend conferences, and network with experts to gain deeper insights into the evolving stablecoin market. The stablecoin market is poised for explosive growth and innovation. As banks and payment firms enter the fray, stablecoin competition will intensify, driving further development and adoption of digital currency solutions. This is a space to watch closely, as it promises to reshape the future of finance and payments. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action.