Author: James Wilson
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In a rapidly expanding digital ecosystem, the ongoing AI revolution has fundamentally transformed how we live and work, with 65% of all major organizations regularly employing AI tools like ChatGPT, Dall-E, Midjourney, Sora, and Perplexity. This marks a nearly twofold increase from ten months ago, with experts estimating this metric to grow exponentially in the near future. The meteoric rise has come bearing a major shadow—despite the market’s projected value set to reach $15.7 trillion by 2030,…
Fartcoin has jumped 35% in the past 24 hours, reinforcing its ongoing recovery after months of consolidation. Fartcoin (FARTCOIN) is up 35% in the past 24 hours, currently trading at $0.52 with trading volume at $164 million. The surge is noteworthy as it indicates a strengthening recovery from the prolonged consolidation phase which ensued after the price crashed from its all-time of $2.48 high on Jan, 19. The FARTCOIN price started rebounding from the $0.20–$0.30 range, where it has been consolidating from February to mid-March 2025, around March 19, when the price surged over 30% from $0.297318 to $0.395195. During…
Bitcoin ETFs posted a second consecutive month of net outflows, with inflows slowing as retail interest remains weak. Bitcoin ETFs have lost momentum after a strong January, with outflows continuing for a second month as retail interest stays weak and investor enthusiasm fades. In a recent research post on X, analysts at blockchain firm Matrixport noted that while total year-to-date inflows stand at $1.05 billion, this is largely due to a strong January, when funds saw a $5.3 billion surge. Since then, inflows have slowed, with March seeing net outflows. “Bitcoin ETFs remain heavily reliant on favorable funding rates and…
While Western darknet markets faltered, Russian platforms dominated Bitcoin and TRON drug sales, analysts at TRM Labs say. Darknet marketplaces saw a slight revenue bump in 2024, bringing in over $1.7 billion, with Russian-language platforms still leading the way in crypto drug sales, analysts at blockchain forensic firm TRM Labs say. New darknet markets and Monero-only proportion | Source: TRM Labs In their latest 2025 Crypto Crime Report, the analysts pointed out that Russian-language marketplaces have been the main drivers of illicit drug sales, accounting for over 97% of overall revenue in Bitcoin (BTC) and TRON (TRX). “Despite the many…
Backpack, a crypto exchange founded by former FTX executives, has initiated the fund claim process for FTX’s EU customers as part of the ongoing global efforts to distribute FTX bankruptcy recovery funds. On April 1, Backpack announced the launch of a two-step process for customers to claim their euro funds. Step 1, identity verification, is now live, while Step 2, the withdrawal of funds, will be announced soon. FTX’s Chapter 11 bankruptcy reorganization plan was approved by a U.S. bankruptcy judge in October 2024, paving the way for the distribution of funds to creditors. This approval set the stage for…
Metaplanet acquired 696 Bitcoin in Q1 by executing a put options strategy, securing an effective purchase price of 13.48 million yen per BTC. Tokyo-based Metaplanet Inc. acquired 696 Bitcoin (BTC) in the first quarter of 2025 through its Bitcoin Income Generation business, a program focused on selling cash-secured Bitcoin put options, the firm said in a regulatory filing on April 1. In the document, the firm stated that it earned 770.35 million yen (around $5.15 million) in operating revenue from the strategy, which it described as a way to “generate recurring revenue while increasing long-term Bitcoin holdings.” According to the report,…
EOS rallied as high as 23% today, ahead of its major rebranding to Vaulta, as multiple bullish patterns emerged on its charts. EOS (EOS) price shot up for the third day in a row, hitting an intraday high of $0.707 on April 1 as its market cap climbed to over $1 billion when writing. The price surge was accompanied by an 87% increase in trading volume, with $371.6 million exchanged between traders. There are three main catalysts driving EOS crypto’s gains today. First off, there’s a lot of hype around EOS’s upcoming rebranding to Vaulta, expected to go live by…
Will the XRP breakout to the upside or continue it’s bearish pattern? Let’s find out in this XRP price prediction. Since its launch back in 2014, the XRP (XRP) token has seen an all-time high of $3.40 followed by a 38.2% drop in price. At the time of writing, it is now trading at $2.11, which is around an 19.1% increase from its previous weekly high of $2.50. XRP 1d chart | Source: crypto.news In this article, we’ll discuss the XRP price prediction by giving you its short and price forecasts, and explore whether this token can continue its bullish…
Bitcoin’s selling pressure has fallen sharply, suggesting a period of consolidation through April and May. On a Apr. 1 post on X, CryptoQuant analyst Axel Adler Jr. noted that daily selling volume on major exchanges has dropped from 81,000 Bitcoin (BTC) to 29,000 BTC. Following this decline, the asset may enter a supply shortage phase with less sellers and consistent demand, setting the stage for the next Bitcoin price movement. The average selling pressure on top exchanges has dropped from 81K to 29K BTC per day.Welcome to the zone of asymmetric demand.The market has successfully absorbed waves of profit-taking following…
Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers. Vanuatu has finalized its crypto regulation and licensing framework, which has been in development since 2020. On March 26, Vanuatu’s Parliament passed the Virtual Asset Service Provider Act, endowing the Vanuatu Financial Services Commission with the authority to issue licenses and regulate the crypto industry, as originally reported by Finance Magnates. According to the bill, the VFSC may issue licenses to exchanges, NFT marketplaces, and custody providers. It also permits banks to obtain licenses for offering…