In Q1 2025, Ethereum reinforced its position as the leading blockchain for decentralized applications (DApps) with a staggering fee revenue of $1.021 billion. Ethereum’s dominance is bolstered by its long-standing
Altman’s startup is reportedly testing an X-style app, as legal and business clashes with Elon Musk escalate.
The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC), describing it as “a community driven digital currency.” Source: Daniel Green A member of Powell’s staff confirmed to the BBC that the account had been hacked and that “steps were taken quickly to secure the account and remove misleading posts.” DEX Screener shows the HOC token saw limited interest from would-be investors, achieving a peak market cap of just over $24,000 shortly after the posts from Powell’s account. The token has seen a total of 736 transactions and a trading volume of just $71,000. While Powell hasn’t promoted a cryptocurrency before, it isn’t unheard of for political figures to back real crypto tokens. US President Donald Trump and First Lady Melania Trump both launched and promoted memecoins days before they entered the White House, sparking criticism from the president’s political rivals and even some supporters. Argentine President Javier Melei also promoted a token called LIBRA, which quickly crashed in value and has caused a political scandal in Argentina and calls for a probe into Melei’s involvement with the token. Powell’s account hack follows similar attack on Ghana’s president In March, the X account of Ghana’s President John Mahama saw a similar breach, with attackers taking over his account for 48 hours to promote a scam cryptocurrency called Solanafrica. The Ghanaian president’s X account was hacked in March 2025. Source: CrediRates Related: UK trade bodies ask government to make crypto a ‘strategic priority’ The scammers made similar crypto-promoting posts to Mahama’s 2.4 million followers, claiming that the scam project was “making payments fast and free across the continent with support from Solana and the Bank of Ghana.” After regaining control of the president’s X account, his spokesman Kwakye Ofosu, confirmed to AFP that the account "has now been fully restored, and we urge the public to disregard any suspicious cryptocurrency-related posts from the handle." Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
Markets may have moved past the peak of U.S. tariff policy uncertainty, but the path ahead remains volatile, according to a new report from Nansen. Nansen Highlights ‘Bessent Put’ as U.S. Moderates Trade Stance In a report shared with Bitcoin.com News, Aurelie Barthere, Principal Research Analyst at Nansen, argues that recent U.S. tariff negotiations suggest
Ethereum price started a fresh decline from the $1,690 zone. ETH is now consolidating and might decline further below the $1,580 support zone. Ethereum started a fresh decline after it failed to clear $1,700 and $1,720. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There was a break below a new connecting bullish trend line with support at $1,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,640 resistance zone. Ethereum Price Faces Rejection Ethereum price formed a base above $1,550 and started a fresh increase, like Bitcoin . ETH gained pace for a move above the $1,600 and $1,620 resistance levels. The bulls even pumped the price above the $1,650 zone. A high was formed at $1,690 and the price recently corrected gains. There was a move below the $1,640 support zone. Besides, there was a break below a new connecting bullish trend line with support at $1,625 on the hourly chart of ETH/USD. The price tested the 50% Fib retracement level of the upward move from the $1,472 swing low to the $1,690 high. Ethereum price is now trading below $1,625 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,620 level. The next key resistance is near the $1,640 level. The first major resistance is near the $1,650 level. A clear move above the $1,650 resistance might send the price toward the $1,690 resistance. An upside break above the $1,690 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,750 resistance zone or even $1,800 in the near term. More Losses In ETH? If Ethereum fails to clear the $1,640 resistance, it could start another decline. Initial support on the downside is near the $1,580 level. The first major support sits near the $1,555 zone and the 61.8% Fib retracement level of the upward move from the $1,472 swing low to the $1,690 high. A clear move below the $1,555 support might push the price toward the $1,525 support. Any more losses might send the price toward the $1,450 support level in the near term. The next key support sits at $1,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,580 Major Resistance Level – $1,640
Binance has officially announced the launch of INITUSDT futures trading, set to commence at 06:30 UTC on April 16th. Traders can leverage up to 5x, offering both opportunities and risks
Binance Futures to Launch USD-Margined INIT USDT Perpetual Contract Trading
The post Semler Scientific Files for $500 Million Raise to Fuel Bitcoin Investment Strategy appeared first on Coinpedia Fintech News Semler Scientific, a healthcare tech company, is going full steam ahead with its Bitcoin strategy. The company has filed a new S-3 registration with the SEC, signaling plans to raise to $500 million. This capital raise would come through a variety of securities like common stock, debt, and warrants. While the funds will be used for general corporate purposes, the company clearly stated that a portion will go toward buying more Bitcoin. JUST IN: Semler Scientific files with the SEC to raise $500 Million to buy more Bitcoin The company currently holds 3,192 $BTC acquired for total cost of ~$280.4 Million pic.twitter.com/In2z3VDOOR — CryptosRus (@CryptosR_Us) April 15, 2025 Already a Major Bitcoin Holder Semler is not new to crypto; they already own 3,192 BTC and has been steadily increasing its stash. Back in February, the company added 871 BTC for $88.5 million, paying an average of over $101,000 per coin. That followed a separate $30 million purchase late last year. Despite Bitcoin’s recent dip below $99,000, Semler appears committed to its long-term crypto strategy. Semler Scientific CEO Eric Semler claims he’s “excited to buy more BTC.” We have reached a settlement in principle, EXCITED TO BUY MORE BTC! — Eric Semler (@SemlerEric) April 15, 2025 Bitcoin as a Corporate Lifeline Notably, this shift is more than the investment strategy, it’s part of a larger turnaround story. Before adopting its Bitcoin treasury strategy in May 2024, Semler was viewed as a stagnant rich public company with solid cash reserves but poor stock performance. Now, with one of the largest BTC holdings among public companies, it’s reinventing itself. The firm believes Bitcoin is not just a hedge against inflation but a safe haven during times of global uncertainty. Dealing DOJ Settlement At the same time, the company is navigating a major legal hurdle. Semler recently reached a tentative $29.75 million settlement with the Department of Justice over allegations tied to how it marketed its QuantaFlo product. To pay off this settlement, the company plans to borrow from Coinbase and use its Bitcoin holdings as collateral. It will also tap into its existing cash on hand to cover part of the cost. Still a High-Risk Strategy Even with its bold Bitcoin stance, Semler’s stock hasn’t seen the boost you’d expect. The share price has fallen 37% so far this year. Still, the company is standing firm on its belief that Bitcoin is a long-term asset worth holding. By continuing to build its crypto portfolio and reshaping how it does business, Semler is clearly betting that this high-stakes strategy will eventually pay off.
Asia-Pacific stocks mostly in red on Wednesday, taking cues from a negative lead on Wall Street, as earnings jitters and tariff concerns dampened investors’ mood, while gold hit a record and the dollar stayed under pressure. In the latest trade policy twist, President Donald Trump ordered a probe into possible tariffs on all U.S. critical mineral imports, many of which are sourced from China. The move added to investor anxiety, further weighing on the dollar. Traders grew cautious ahead of both Powell’s comments and ongoing trade developments with key U.S. partners. Gold climbed toward $2,630 per ounce on Wednesday, setting a new record, as ongoing uncertainty around US trade policy continued to support safe-haven demand, alongside a broadly weaker dollar. Japan ( NKY:IND ) fell 0.61% to below 34,200 on Wednesday, halting a two-day winning streak. The Japanese yen strengthened past143 per dollar on Wednesday, recovering from the previous session’s losses, as broad-based weakness in the U.S. dollar persisted. The Bank of Japan may take policy action if U.S. tariffs harm its economy, Governor Kazuo Ueda said in an interview with the Sankei newspaper. The central bank is considering a response as risks from Trump's trade measures are closer to the expected bad scenario. Ueda emphasizes the need to assess the economic impact of tariffs without preconceptions. Meanwhile, attention is shifting to upcoming trade talks between Japan and the U.S., with Tokyo pushing for the full removal of Trump's tariffs. On the domestic front, traders digested data showing an eight-month high in Japanese manufacturing sentiment for April that jumped to +9 from -1 in March. However, the outlook remains cautious as fears around U.S. trade policy persist. Japan’s core machinery orders rebounded sharply in February 2025, rising 4.3% month-on-month to ¥894.7 billion, well above market expectations for a 0.8% increase. China ( SHCOMP ) fell 0.76% to around 3,250 while the Shenzhen Component dropped 1% to 9,755 on Wednesday, halting a six-day winning streak as trade war concerns overshadowed upbeat economic data, and the offshore yuan steadied around 7.32 per dollar on Wednesday, following the release of stronger-than-expected economic data from China. The pullback came after President Donald Trump ordered a probe into potential new tariffs on critical mineral imports—many of which are sourced from China—raising fears of further deterioration in U.S.-China relations. On the data front, China’s economy posted better-than-expected growth in Q1 , supported by robust policy stimulus. Key indicators including retail sales, industrial production, and fixed asset investment all exceeded forecasts in March . China’s surveyed unemployment rate fell to 5.2% in March 2025, easing from a two-year high of 5.4% in the previous month and coming in below market expectations of 5.3%. China's industrial capacity utilization rate increased to 74.1 percent in Q1 of 2025 from 73.6 percent in the same period a year earlier. China’s new home prices in 70 cities fell by 4.5% year-on-year in March 2025, easing slightly from a 4.8% decline in February. Hong Kong ( HSI ) fell 2.06% Australia ( AS51 ) rose 0.26% to 7,760 on Wednesday. The Australian dollar held above $0.63 on Wednesday, eyeing a sixth consecutive session of gains. The Westpac-Melbourne Institute Leading Economic Index for Australia edged down 0.1% month-over-month in March 2025, reversing the 0.1% increases in the previous two months. Investors turned their focus to Thursday’s employment data, which could offer fresh insights into the labor market and influence the Reserve Bank of Australia’s policy direction. In the U.S., on Tuesday, all three major indexes ended in red as investors weighed a new round of corporate earnings and ongoing concerns over tariffs and trade policy uncertainty. U.S. stock futures fell early Wednesday, pressured by a sharp drop in Nvidia shares during after-hours trading: Dow -0.32% ; S&P 500 -0.90% ; Nasdaq -1.44% . Investors are also bracing for a wave of corporate earnings set to be released later in the day, including reports from Abbott, U.S. Bancorp, and Travelers. Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ). More on Asia: China's March retail sales rises more than expected to 5.9%; industrial output rises 7.7%; unemployment rate falls 5.2% China's Q1 GDP expands 1.20% Q/Q RBA minutes reveal cautious approach to future interest rate moves China's March trade surplus above estimates, exports surge while imports fall Trump intensifies tariff pressure: "No one off the hook," denies tariff rollbacks
April 2025 is already full of volatility—and competition is heating up. While Ethereum (ETH) continues pushing upward above $1,560 , XRP is attempting to defend its lead above $2.03 . But there’s one rising force that’s turning heads across Telegram calls and CMC feeds: MAGACOINFINANCE . ROI Comparison – XRP, ETH, SOL vs MAGACOINFINANCE XRP : $2.03 to $10 = +392% ROI ETH : $1,560 to $10K = +541% ROI SOL : $117.93 to $300 = +154% ROI MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI STAGE 6 SOLD OUT — STAGE 7 LIVE NOW Urgency Builds as Stage 7 Moves Past 60% MAGACOINFINANCE entered Stage 7 just days ago—but it’s already well past 60% capacity . The current price of $0.0002908 is holding for now, but once this stage closes, the price will increase—and with it, your ROI window shrinks. The listing is confirmed at $0.007 , offering an automatic 2,308% ROI —but if you use promo code MAGA50X , your token bonus increases the real return to +3,645% . Over 12,500 holders are already positioned before the next surge. PRESALE LIVE NOW – CLICK HERE TO SECURE A SPOT XRP and SOL May Be Strong—But They Can’t Beat This Entry XRP remains a top-tier asset in cross-border payments, and Solana (SOL) is leading Layer-1 developer activity. But neither offers the same early-stage positioning that MAGACOINFINANCE holds right now. Traders remember what SHIBA did from early lows. They’ve seen SOL run from $1 to $200. This altcoin could follow that same arc—and this time, you’re early. Current Price Highlights ETH : Trading at $1,560 , steady on ETF interest XRP : Holding around $2.03 , pushing against resistance SOL : At $117.93 , regaining Layer-1 dominance 50% BONUS TOKEN OFFER — ENDS SOON! USE MAGA50X Other Coins to Watch: TON, AVAX, XLM, SOL TON trades at $1.08 , building on Telegram expansion. AVAX at $18.57 continues to gain subnet tractionand XLM at $0.236 leads in remittance rails while SOL still sees strong inflows, but MAGACOINFINANCE is faster Conclusion ETH and XRP may dominate headlines, but the urgency, value, and early-stage ROI all point to MAGACOINFINANCE . Entry under $0.0003 won’t last forever—and it’s already climbing fast. Secure your position now before Stage 7 closes out. 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: Will MAGACOINFINANCE and ETH Overtake XRP in April?