NASDAQ 100 turns negative after erasing 0.7% gain.
Bitcoin ETFs kept their inflow streak alive with $117 million on Thursday, powered by Blackrock, Fidelity, and Ark 21shares. Ether ETFs extended their outflow streak to a third day, losing $16.11 million. Bitcoin ETF Momentum Builds but Ether ETFs Post Day Three in the Red Investor appetite for bitcoin ETFs continued to build momentum Thursday
Meta Platforms Inc. is reportedly in discussions to re-enter the cryptocurrency market by deploying stablecoins, three years after abandoning its landmark Libra/Diem project. The company is engaging with crypto firms to explore stablecoin integration primarily for managing payouts, especially for content creators. Meta has also hired a vice president of product with crypto experience to oversee these initiatives. The plan involves leveraging existing stablecoins to facilitate cross-border payments. Additionally, Meta aims to introduce crypto wallets and payment options across its platforms, including Facebook, Instagram, and WhatsApp, which collectively serve around 3 billion users. This move marks Meta's first major crypto initiative since the Diem project was discontinued. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The Trump-linked stablecoin USD1, issued by World Liberty Finance (WLFI), has experienced a rapid market cap increase from $130 million to over $2.12 billion since late April 2025. Approximately $2.11 billion worth of USD1 stablecoins have been issued on the Binance Smart Chain (BNB Chain), pushing the total stablecoin market cap on the chain close to $10 billion. StakeStone has partnered with World Liberty Finance to launch cross-chain liquidity support for the USD1 stablecoin. This collaboration aims to bridge real-world assets (RWA) and native decentralized finance (DeFi) liquidity, allowing users to transfer funds across different blockchain networks, earn sustainable yields, and access liquidity more efficiently. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bitcoin's price rise attracts significant institutional attention and options trading interest. Call options at Deribit show expectations for Bitcoin reaching new highs. Continue Reading: Bitcoin Investment Surge Captivates Institutional Attention The post Bitcoin Investment Surge Captivates Institutional Attention appeared first on COINTURK NEWS .
QCP analysts highlighted upsides in Bitcoin’s (BTC) recovery compared to previous cycles largely driven by speculation. The recent price rally and decoupling from gold further entrenched its deepened demand among institutional and retail investors. Sitting comfortably above $100k, BTC traders project fresh gains as institutional inflows continue for the second consecutive week. Macro Sentiments Trigger BTC Demand This month, Bitcoin has recorded tremendous growth after a sustained recovery. The massive inflows led to decoupling from correlated assets while larger investors embrace its utility as a store of value. Initially, the crypto leader moved alongside gold and not equities, pointing to the latter’s reduced pressure on a BTC surge. After recent macro events jolted financial markets, the assets sustained recovery, and recovery is now seen as a hedge. Last week saw billions poured into the crypto market, with new institutions leading the pack. The asset also outpaced gold in the same time frame, further backing the narrative. Simultaneously, the options market is rebounding, tipping a major price growth based on present factors. “ But is BTC truly “digital gold”? Not quite. Midweek, BTC pivoted, decoupling from gold and rallying alongside equities, largely in response to headlines surrounding “21 Capital.” This flip-flopping between safe-haven and risk-asset behaviour suggests that traditional correlation frameworks are becoming less instructive. Instead, market participants are now focused on the durability of BTC’s “up only” trend, QCP added. On-chain factors and institutional demand make this surge healthier than other cycles. Traditional investors have increased their appetite for Bitcoin in the last two weeks. Last week, it was reported that Cantor Fitzgerald, alongside Tether, Bitfinex, and SoftBank, partnered to launch a new venture, 21 Capital. The firm is expected to receive $3 billion from its partners to acquire Bitcoin, similar to Michael Saylor’s Strategy model. Market At Critical Point Despite positive factors ranging from recovering prices to whale inflows and positive macro trends, Bitcoin traders face new resistance due to short-term profit taking. Crypto analyst BorisVest explained that the market has entered a stagnation phase. After the BTC price slumped below $80k, many traders bought the dip, taking the asset above $100k. This growth ushered in profit-taking, and if not fully absorbed, could trigger new sell-offs. Furthermore, centralized exchange reserves , which took a nosedive are now relatively stable hindering another massive swing. At the time of writing, Bitcoin price leaped 9.6% in the last seven days.
Marathon Digital Holdings recorded a $533.4M net loss in Q1 after Bitcoin valuation adjustments. The firm’s revenue jumped 30% to $213.9 million, with Bitcoin holdings surging 174% to 47,531 BTC. The firm delivered strong operational metrics in Q1, with a 25% year-over-year improvement in daily cost per petahash. The company also noted that its cost of revenue per petahash per day declined by 10% during the same period. MARA Holdings reports net loss in Q1 Marathon Digital Holdings, $MARA , Q1-25. Results: 📊 EPS: -$1.55 🔴 💰 Revenue: $213.9M 🔴 🔎 Loss driven by $510M markdown in digital assets, despite 30% revenue growth and 81% more blocks won YoY. pic.twitter.com/hUB1PGVQa1 — EarningsTime (@Earnings_Time) May 8, 2025 MARA reported a net loss of $533.4 million or negative $1.55 per diluted share, compared to last year’s Q1 net income of $337.2 million or $1.26 per diluted share. The firm noted that its revenue increased 30% from $165.2 million in Q1 2024 to $213.9 million in Q1 2025. Despite recording positive revenue, the BTC miner’s stock price has dropped 15% year-to-date, suggesting a disconnect between market sentiment and company fundamentals. The company’s Bitcoin production dropped by 19% year-over-year to 2,286 BTC in Q1 2025. MARA Holdings argued that it faces challenges in Bitcoin production from rising global hash rates and increased network difficulty. “We are a growth company, but not at any cost. Our goal isn’t to chase an arbitrary [Exahash] number. We believe that staying steadfast to our strategy will, in time, lead to greater value creation for our shareholders.” ~ Fredrick Thiel, CEO at MARA Holdings. The company also saw a 174% increase in its Bitcoin holdings to over 47,531 BTC held on its balance sheet from just 17,320 BTC a year ago. MARA Holdings stated that the 12% drop in Bitcoin’s price as of March 31, 2025, resulted in an unrealized loss of $510.2 million. MARA’s adjusted EBITDA also decreased to a loss of $483.6 million in Q1 2025 from $542.1 million in Q1 2024. MARA wants to monetize underutilized energy Chairman and CEO of MARA, Fred Thiel, acknowledged that the crypto market values the company for its BTC holdings rather than for its mining operations. He also argued that states and institutions see Bitcoin as a strategic reserve, which will drive prices up. MARA said it purchased its Bitcoin holdings at $35,728 per coin and $0.04 per kilowatt hour. The firm also revealed it completed the construction of a fully owned 200-megawatt data center in Ohio, with 100 megawatts now online. The crypto company acknowledged that it transformed from 0% owned and operated capacity to approximately 70% since the beginning of 2024. Thiel said that MARA is focusing on collaborations with energy companies to monetize underutilized energy such as wind, solar, and flare gas. The firm’s CEO highlighted the importance of flexible load solutions to support AI data centers and revealed global discussions with major energy companies. He revealed that the company was exploring a mix of thermal, wind, solar, and flare gas energy sources. Thiel acknowledged that off-grid mining sites, such as wind farms and flare gas operations, will offer the company low-cost energy and high profitability. He also noted that MARA focuses on intermittent operations that align with its energy demands, which can be more profitable despite lower uptime. Manon also highlighted that the IRR for these energy-based projects is expected to be higher than that of traditional models. The company’s CFO, Salman Manon, noted that MARA has been reducing cash costs through capital and cutting on operations. He also said that the firm expects further cost reductions from sourcing low-cost megawatts and leveraging its own energy generation projects, such as the 114-megawatt wind farm in Texas, which helps decongest the grid and reduce electricity costs. Thiel noted that MARA’s 30-megawatt immersion pilot project for AI data centers has shown the ability to overclock systems, reducing the number of miners needed and saving on CapEx. The company’s CEO added that the firm is developing liquid cold plate technology for AI applications, which he believes will offer environmental benefits and cost savings. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
A Bitcoin ( BTC ) wallet that has enjoyed more than a decade of dormancy suddenly sprang to life earlier this week. According to Bitcoin explorer BitInfoCharts, the whale moved 2,186 BTC worth approximately $207.51 million at the time of the transaction to another wallet. The long-dormant wallet initially received the stash of Bitcoin in July of 2013 when BTC was trading at $85. At the time of the transaction earlier this week, Bitcoin was trading at $94,929, representing a price gain of around 111,581% over the period of around 142 months. The long-dormant whale also moved a smaller stash of Bitcoin, alongside the older trove. The smaller stash was deposited into the wallet on two diverse dates in 2014. In March of 2014, the wallet received 82 BTC when the crypto king was trading at approximately $612. The wallet also received 75 BTC in November of 2014 when Bitcoin was trading at approximately $377. During the period of dormancy, the wallet also received trace amounts of Bitcoin, an indication that the whale could have been a victim of dusting attacks. Dusting attacks are usually conducted with the goal of deanonymizing a cryptocurrency user. This is done by sending tiny amounts of Bitcoin to an address to build a profile of the user’s holdings and their transaction activities with the eventual goal of linking the address to a real-world identity. Dusting attacks can be conducted by academics, cybersecurity researchers, law enforcement or even scammers. Bitcoin is trading at $100,405 at time of writing. 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. Generated Image: Midjourney The post Ancient Bitcoin Whale Comes Alive, Moves $207,514,794 in BTC at 111,581% Profit appeared first on The Daily Hodl .
Tensions have increased in South Asia where crypto adoption is picking up, is retail and the investment class hedging their bets?
The post Trump Slashes China Tariffs to 80% Ahead of May 10 Trade Talks appeared first on Coinpedia Fintech News President Donald Trump has made a U-turn in the US-China trade war. He now proposes 80% tariffs on Chinese imports, down from the 145% duties imposed in April 2025. But why a sudden change? This soft stance on tariffs may be a result of pressure from financial markets and advisors like Treasury Secretary Scott Bessent, who felt the higher rates were “unsustainable,” and aimed to stabilize economic ties as trade talks with Beijing loom. The tariffs triggered intense market volatility, with China retaliating through 125% duties on US goods. This tit for tat actions caused uproar to global supply chains and impacting market prices. Can this be fixed? Yes, the reduced tariffs may signal a probable de-escalation, and hoping for smoother US-China relations. Trump Defends His Move In a whirlwind of Truth Social posts , President Trump hinted at an 80% tariff on China, leaving the decision to Scott Bessent. Days later, he softened, suggesting lower tariffs if talks go well. This comes after dismissing tariff rollbacks on China’s 145% duties. Trump also demanded China open its markets, claiming it’s “so good” for them. Is this a strategic dance or a policy pivot? Saturday’s talks may tell. Scott Bessent To Take The Final Call: Trump Trump defends his proposal of an 80% tariff on China. He added that the final call will be taken by US Treasury Secretary Scott Bessent, as the latter will lead the team to negotiate in trade talks to be held on May 10. Will These Trade Talks Impact Bitcoin’s Bull Run? Trump’s proposed 80% tariffs on Chinese imports, which have been making news for a while, had no impact on Bitcoin’s rally as it crossed $100K comfortably on Thursday. Reduced tariffs could stabilize markets, pushing Bitcoin further. However, stalled talks may risk volatility. Investors eye negotiations closely as the negotiations happen on May 10.