DYOR

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tldr; Prosecutors are seeking a 20-year prison sentence for Celsius Network founder Alex Mashinsky for his role in a multibillion-dollar fraud. The DOJ accuses Mashinsky of misleading customers about Celsius's operations, resulting in $7 billion in losses and personal profits of $48 million. Mashinsky pleaded guilty to commodities fraud and conspiracy charges but denies responsibility. Prosecutors compare his case to FTX founder Sam Bankman-Fried's, emphasizing the severity of Mashinsky's deliberate actions to deceive and profit at customers' expense. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The SEC has delayed the approval of spot XRP ETFs, including Franklin Templeton's application, now postponed to June 17, 2025. This decision has heightened investor anxiety, reflecting the SEC's cautious approach to altcoins like XRP. The delay discourages institutional participation and has caused a 2.7% dip in XRP's price, though it retains a 7% weekly gain. Ripple's ongoing SEC lawsuit adds to the uncertainty, with analysts noting that while eventual approval is possible, the extended timeline leaves XRP vulnerable to price fluctuations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; DTCC, a key player in global finance, processes $3.7 quadrillion annually and has patented a system to tokenize global assets on blockchain while maintaining centralized control. The patent outlines hierarchical wallet structures for secure rights delegation, interoperability across blockchains, and quantum-resistant security. DTCC aims to integrate blockchain efficiency with traditional governance, collaborating with platforms like Hedera and Chainlink to streamline financial operations and regulatory compliance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Research from Finbold reveals that during Donald Trump's first 100 days in office, the number of Bitcoin millionaire addresses dropped by 13.22%, with 19,869 addresses lost. Addresses holding $10 million or more in Bitcoin fell by 18.30%. The total number of Bitcoin addresses with over $1 worth of cryptocurrency also declined by 3.28%. Despite a brief rally in April, Bitcoin's value dropped from $102,204 to under $95,000 during this period, impacting the fortunes of Bitcoin holders significantly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; A CoinGecko report reveals that 53% of cryptocurrencies launched since 2021 have failed, with 2024 and 2025 seeing the highest number of failures. The surge in projects, from 428,383 in 2021 to nearly 7 million in 2025, is linked to platforms like Pump.fun, which simplified token creation. Factors such as market volatility, poor fundamentals, and low-effort projects contributed to the failures. In 2025 alone, 1.8 million tokens collapsed, highlighting the risks in the rapidly expanding crypto market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Klutzy_Beyond_9206

No one knows. DYOR, place your bets and pray for the best

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tldr; Blockchain investigator ZachXBT uncovered a $330 million Bitcoin theft from an elderly American via a social engineering scam. Attackers stole 3,520 BTC, routed them through six exchanges, and converted them into Monero, causing a price spike. Social engineering exploits human trust to gain wallet access, highlighting vulnerabilities in user protection. The incident raises concerns about compliance gaps in exchanges and may prompt federal investigation. ZachXBT continues tracking the funds and urging platforms to identify involved accounts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TCZ30

Dude thinks he can see the future. He can't. No-one can. DYOR.

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tldr; Former BitMEX CEO Arthur Hayes predicts Bitcoin will reach $1 million by 2028, driven by increased U.S. dollar liquidity and quantitative easing. Speaking at Token2049 in Dubai, Hayes expressed a bullish outlook on crypto and equities, citing parallels to past market interventions. He believes hedge funds could boost liquidity through Treasury buybacks, supporting Bitcoin's rise. Other industry figures, like Cathie Wood's Ark Invest, have also made ultra-bullish forecasts for Bitcoin's future value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Cryptography pioneer Adi Shamir criticized cryptocurrencies at the RSA Conference, stating the world would be better without them. He argued they fail to achieve decentralization, are used mainly for speculation, and enable malware and financial exploitation. While acknowledging blockchain's potential applications, Shamir contrasted his views with Ed Felten, who likened crypto's current state to the early internet, highlighting its innovative possibilities despite risks. Shamir's cryptographic work underpins many modern security tools, including cryptocurrency wallets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; XRP short positions have reached a 1-month high, with 53.7% of futures positions being short as of April 30, 2025. This comes amid a 5.30% decline in XRP's price and broader economic concerns, including a 0.3% contraction in U.S. GDP for Q1 2025, raising recession fears. Additionally, 1 billion XRP tokens are set to be unlocked on May 1, potentially increasing sell pressure. The SEC's delay in approving a spot XRP ETF further dampens institutional adoption prospects. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; FIFA announced plans to migrate its NFT platform, FIFA Collect, from the Algorand blockchain to a new Ethereum-compatible blockchain called FIFA Blockchain. The migration, aimed at improving performance and scalability, is scheduled to begin no earlier than May 20, 2023. Users will transition to EVM wallets like MetaMask, as Algorand-based wallets will no longer be supported. FIFA will provide step-by-step instructions for the migration process, ensuring a smooth transition for NFT holders. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Bitcoin whales have accumulated over 43,100 BTC, worth nearly $4 billion, in the past two weeks, marking a significant buying spree. This surge coincides with easing global tensions and increased inflows into Bitcoin ETFs, totaling $3.9 billion since mid-April. Meanwhile, BTC miners have sold approximately $850 million worth of Bitcoin, capitalizing on the recent price surge. The contrasting behaviors highlight differing strategies among major market participants in the cryptocurrency space. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Bitcoin has surged past $95,000, reaching $95,444 in the last 24 hours, marking a strong end to the month. This rally, driven by economic uncertainty and institutional interest, has seen Bitcoin rise 13.3% in the past week and 15.7% over the past month. The cryptocurrency's market cap now stands at $1.88 trillion, though daily trading volume has dropped by 20%. Analysts suggest that breaking $98,000 could push Bitcoin back to $100,000, while a decline might see it fall to $85,000–$87,000. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Vitalik Buterin, co-founder of Ethereum, envisions a 2025 where Ethereum's core infrastructure is enhanced for scalability, energy efficiency, and security through its transition to Proof of Stake (PoS). He emphasizes privacy improvements using solutions like zero-knowledge proofs and highlights the importance of fostering decentralized ecosystems beyond Ethereum, including governance and communication tools. His vision aims to create a more inclusive, decentralized, and efficient digital world. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Mastercard has partnered with Circle, Paxos, and Nuvei to integrate stablecoin settlements into its global payment network. This initiative allows merchants to receive payments in stablecoins like USDC and PYUSD, enabling faster, cost-effective cross-border transactions. Leveraging blockchain technology, the partnership aims to reduce foreign exchange fees and settlement times while enhancing liquidity. Mastercard also introduced the Crypto Credential to simplify secure transactions, reflecting the growing adoption of stablecoins in global finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; TOKEN2049 Dubai 2025, the world's largest crypto event, has commenced at the Madinat Jumeirah Resort, hosting over 15,000 attendees from 160+ countries. The event features an outdoor Amphitheater Stage, networking zones, and workshops, focusing on the future of digital assets. With 200+ speakers, including industry leaders like Binance CEO Richard Teng and Tether CEO Paolo Ardoino, and 500+ side events, it aims to redefine crypto industry gatherings. TronWeekly is providing live coverage of the event. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Eric Trump, executive vice president of the Trump Organization, warned global banks that they must adopt cryptocurrency or face extinction within 10 years. He criticized the current financial system as slow, expensive, and favoring the ultra-wealthy, pushing him toward crypto. Trump highlighted blockchain's advantages over traditional systems like SWIFT, which he called a disaster. His comments align with his previous predictions about Bitcoin's growth and the necessity for governments and institutions to embrace crypto. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Bitcoin Cash Weekly News highlights developments in the BCH ecosystem. Key updates include the launch of Bitcoin Cash University for UTXO smart contract tutorials, Selene Wallet's fundraiser for new features, and the Journal of Global Surgery's BCH-funded model for equitable publishing. Other updates include Cashonize Wallet's pre-Bliss update, BCH Bull's new blog on UTXO-based DeFi, and BCH's use in real-world scenarios like dance classes. These initiatives aim to expand BCH adoption and innovation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; El Salvador continues to purchase Bitcoin despite a $1.4 billion loan agreement with the IMF that required scaling back crypto purchases. Economy Minister Maria Luisa Hayem confirmed the government's commitment to accumulating Bitcoin as part of its strategy. The country currently holds 6,162 BTC, worth over $580 million. However, scrutiny has arisen over the implementation of its Bitcoin Law, with reports indicating that nearly 90% of registered crypto firms in El Salvador are not operational. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Senate is set to vote on the GENIUS Act, a bipartisan stablecoin regulation bill, before Memorial Day. The legislation, introduced by Senator Bill Hagerty, aims to establish a regulatory framework for stablecoins, including reserve requirements, anti-money laundering protocols, and consumer protections. It passed the Senate Banking Committee in March and represents a significant step toward comprehensive crypto oversight. If approved, it could strengthen the US dollar and promote market stability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The UK government has introduced draft legislation to regulate cryptocurrency exchanges, dealers, and agents, aiming to enhance consumer protection, investor confidence, and innovation. The rules require crypto firms to meet stringent standards and secure authorization from the Financial Conduct Authority, including overseas firms serving UK clients. The UK is also strengthening regulatory ties with the US, discussing a transatlantic sandbox for digital securities. The legislation is part of the UK's broader plan to become a global fintech hub. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Nasdaq has filed for a rule change with the SEC to list the 21Shares Dogecoin ETF, which would track Dogecoin's price. This follows similar filings by Grayscale and Bitwise, as interest in Dogecoin ETFs grows. The SEC is reviewing these applications, with a decision expected within regulatory timeframes. The Dogecoin Foundation supports the ETF, citing its potential to integrate the meme coin into mainstream finance. Dogecoin is currently the eighth-largest cryptocurrency by market cap, valued at $76.3 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The UK government has introduced draft legislation to regulate crypto assets like Bitcoin and Ethereum, aiming to protect consumers and boost investor confidence. Announced during UK Fintech Week, the framework requires crypto firms to meet standards on transparency, consumer protection, and operational resilience, similar to traditional financial institutions. The move addresses rising crypto adoption and aims to position the UK as a global hub for fintech and responsible digital asset innovation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Howard Lutnick, the U.S. Secretary of Commerce, has labeled Bitcoin as America’s “new gold,” signaling a major shift in U.S. crypto policy under the Trump administration. Lutnick emphasized Bitcoin’s scarcity and its potential to be treated as a commodity, akin to gold or oil. He introduced initiatives like the “Investment Accelerator” to support Bitcoin mining and reduce regulatory hurdles. Lutnick’s vision ties Bitcoin’s growth to entrepreneurship and economic liberty, positioning the U.S. as a leader in the global Bitcoin movement while fostering innovation and investment. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Ripple's xrpl.js npm package was compromised in a supply chain attack, with malicious code added to steal private keys and access cryptocurrency wallets. The attack affected versions 4.2.1, 4.2.2, 4.2.3, 4.2.4, and 2.14.2, and was traced to a hacked npm account. Users are advised to update to versions 4.2.5 or 2.14.3 and rotate private keys to mitigate risks. The vulnerability has been assigned CVE-2025-32965 with a CVSS score of 9.3, highlighting its severity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The article discusses Solana's 'cup and handle' chart pattern, which is a bullish technical indicator suggesting strong potential for a breakout in its price. This pattern is often seen as a precursor to upward price movements, signaling optimism among traders and investors in the cryptocurrency market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Trump Organisation, led by Eric Trump, has announced a $1 billion development in Dubai in partnership with Dar Global. The project will feature a Trump-branded hotel, residential units, and a clubhouse, located at the entrance of Downtown Dubai on Sheikh Zayed Road. Eric Trump stated that the company is open to accepting cryptocurrency payments for property purchases in this development, which is set to be completed in five years. Dubai's booming property market is attracting global investment and high-net-worth individuals. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; ICP (Internet Computer Protocol) aims to revolutionize the internet by enabling fully decentralized hosting of websites, apps, and social platforms directly on the blockchain, eliminating the need for intermediaries like Google Cloud or Amazon servers. Its smart contracts, called canisters, allow for seamless, gas-free user experiences. Existing apps like OpenChat, distrikt, and DSCVR showcase its potential. If ICP fulfills its promises, it could significantly impact the crypto landscape and traditional internet infrastructure. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; World Liberty Financial, a cryptocurrency firm linked to Donald Trump and his family, has been accused of blurring the lines between private enterprise and government policy. The firm allegedly sought secret multimillion-dollar payments from other crypto startups in exchange for partnerships and endorsements, raising ethical concerns. Despite some firms rejecting these offers, World Liberty secured similar deals elsewhere, generating over $550 million in sales, with a significant portion benefiting the Trump family. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The team behind the Official Melania Meme (MELANIA) token sold over $1.5 million worth of tokens in three days, employing a dollar-cost averaging (DCA) strategy. Despite the sales, MELANIA's price recovered by 21% in the past week but remains 96% below its all-time high. Meanwhile, a whale investor opened a $1.33 million short position on the Trump memecoin. Memecoins remain a significant investment narrative, though their popularity appears to be waning, as seen in declining activity on memecoin platforms. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts Bitcoin's price could reach $180k to $200k as the US economy faces challenges. He links this potential rise to a weakening US dollar, inflation, and reduced foreign investment in US bonds. Kiyosaki views Bitcoin as a 'hard asset' akin to gold, benefiting from economic instability. He also highlights strong demand for Bitcoin ETFs and suggests worsening US economic conditions could drive Bitcoin to new highs. Currently, Bitcoin's long-term outlook remains bullish despite its lower value today. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Ethereum Foundation has restructured its leadership to separate board and management responsibilities. The board, including co-founder Vitalik Buterin, will focus on vision and governance, while the management team, led by new co-executive directors Hsiao-Wei Wang and Tomasz K. Stańczak, will handle strategy and operations. The foundation aims to address Ethereum's scaling challenges and improve user experience over the next year. This move follows criticism of the foundation's engagement in decentralized finance innovation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Arizona has become the first U.S. state to pass a Strategic Bitcoin Reserve (SBR) bill, allocating 10% of its public funds annually to Bitcoin to protect against inflation and economic uncertainty. Senate Bill 1025 was approved by the Arizona House with a 31-25 vote and now awaits Governor Katie Hobbs' decision. The move has sparked discussions in other states and influenced Bitcoin's market value, which rose 1% to $94,500. Advocates view this as a step toward financial resilience and fostering a robust digital asset ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Binance co-founder Changpeng ‘CZ’ Zhao speculated in a Turkish interview that Bitcoin's creator, Satoshi Nakamoto, might be an AI from the future or a time-traveling software. CZ admitted he has no knowledge of Satoshi's identity but noted theories range from Nakamoto being an individual to a group. He emphasized the importance of Bitcoin's anonymity and predicted Bitcoin will surpass gold in significance, though the timeline remains uncertain. The identity debate continues, fueled by documentaries and speculation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Tether Gold (XAUT), a gold-backed stablecoin, has reached a market capitalization of $825 million, supported by 7.7 tons of physical gold, according to an attestation by BDO Italia. The token's value has risen alongside gold prices, reflecting investor interest in safe-haven assets amid inflation concerns. Tether CEO Paolo Ardoino highlighted XAUT's potential as a standard tokenized gold product. However, questions persist about Tether's financial reporting practices, with critics urging independent audits and scrutiny of BDO Italia's compliance with auditing standards. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Arizona's legislature has passed a bill to create a Strategic Bitcoin Reserve, allowing the state treasury to invest public funds in Bitcoin. The measure, sponsored by Republican Senator Wendy Rogers, aims to diversify assets and hedge against inflation. Critics cite Bitcoin's volatility and lack of federal regulation as risks. The bill now awaits Governor Katie Hobbs' decision, but her broader veto stance adds uncertainty. If signed, Arizona would be the first U.S. state to officially integrate Bitcoin into its fiscal strategy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Arizona House of Representatives has passed two bills, SB1025 and SB1373, that could allow the state to establish a Bitcoin or digital assets reserve. SB1025, which permits up to 10% investment in Bitcoin or other cryptocurrencies, passed with 31 votes in favor and 25 opposed. SB1373, aimed at creating a state-level digital assets reserve, passed with 37 votes in favor and 19 against. State Representative Jeff Weninger noted the legislation aligns with similar efforts in other states and positions Arizona for future adoption of Bitcoin reserves. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Crypto asset management firm CoinShares reports that digital asset investment products saw $3.4 billion in inflows last week, marking the third-largest weekly inflows on record. The surge is attributed to concerns over tariffs, a weaker US dollar, and digital assets being viewed as a safe haven. Bitcoin led with $3.2 billion in inflows, while Ethereum saw $183 million after weeks of outflows. Altcoins like Solana experienced outflows, but Sui and XRP saw notable inflows of $20.7 million and $31.6 million, respectively. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CounterAdmirable4218

Litecoin will be the 2nd crypto to have an ETF. It is almost identical to Bitcoin, some would claim it's better. DYOR.

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tldr; Tether minted $1 billion USDT on the Tron network, increasing its total issuance to 12 billion since January. This significant minting reflects growing demand for stablecoins and could signal bullish market sentiment, particularly for Bitcoin. Historically, large Tether issuances have coincided with price surges. The Crypto Fear and Greed Index is trending toward Greed, indicating optimism. However, the impact depends on whether the newly minted USDT reaches exchanges and the broader market quickly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The article argues that the cryptocurrency industry is overly focused on financial applications and attracting investment, neglecting solutions that enable trade and spending. It highlights the need for crypto projects to diversify into commerce and skill/job trade platforms to drive mass adoption. These platforms could create buying pressure for cryptocurrencies, reduce reliance on fiat, and stabilize the ecosystem. The current focus on finance apps limits growth and fails to address the needs of the masses, who prioritize earning and spending over investment opportunities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Stablecoins and tokenization are transforming global finance by modernizing financial infrastructure and increasing accessibility. Stablecoins, pegged to reserve assets like the U.S. Dollar, processed over $27 trillion in 2024, offering low-cost, transparent, and programmable transactions. Tokenization enables fractional ownership of assets like real estate and U.S. Treasuries, enhancing liquidity and participation. This shift is creating borderless, efficient systems, blending decentralized and traditional finance, while addressing challenges like digital identity and regulatory clarity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The FBI's 2024 Internet Crime Complaint Center (IC3) report highlights a surge in cybercrimes, particularly targeting seniors and crypto investors, with $16.6 billion in losses reported, a 33% increase from 2023. Crypto-related scams, including 'pig butchering' schemes, accounted for $9.3 billion in losses. Scammers use sophisticated tactics like fake platforms, emotional manipulation, and AI-driven tools. The report urges public vigilance, education, and reporting to combat these threats and emphasizes the importance of secure practices and tools in the crypto ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The Lithuanian cryptocurrency project Bankera raised over €100 million in an ICO, promising to create a blockchain-era bank. However, the token's value collapsed, leaving investors with losses. An investigation revealed that the co-founders used ICO funds to acquire a bank in Vanuatu, which issued loans to their companies and funded luxury real estate purchases. Lawyers denied fraud but declined to comment on specific transactions. Critics allege misrepresentation of fund usage, raising suspicions of misconduct. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; PayPal has launched the PayPal Agent Toolkit, a library designed to integrate its suite of APIs into AI frameworks, enabling developers to create intelligent workflows for financial operations. The toolkit simplifies tasks like order management, invoice handling, and subscription management by providing pre-built tools and compatibility with popular frameworks. Currently supporting Typescript, with Python support coming soon, it aims to streamline commerce processes and enhance agentic capabilities for businesses. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Standard Chartered's Geoffrey Kendrick predicts Bitcoin could reach $120,000 by Q2 2025 and $200,000 by year-end 2025. Key factors include rising U.S. Treasury term premiums, whale accumulation, and shifting investor preferences toward Bitcoin. Asian investors and ETF flows reallocating from gold to Bitcoin further bolster its status as a digital safe-haven asset. Institutional catalysts, such as stablecoin legislation and pension fund investments, may drive Bitcoin's summer rally and long-term growth. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Monero (XMR) surged 51% after on-chain investigators flagged a suspicious transfer of $333M in stolen Bitcoin, likely linked to hackers laundering funds. The stolen BTC was swapped to XMR via multiple exchanges, boosting Monero's price temporarily. Monero, known for its privacy features, is popular among malicious actors. Despite its robust privacy, poor operational security can expose transactions. Monero's market cap is $5.3 billion, ranking 27th among cryptocurrencies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Ethereum researcher Dankrad Feist has proposed EIP-9698 to increase the network's gas limit by 100x over four years, potentially boosting transaction throughput to ~2,000 TPS. Starting June 2025, the gas limit would grow gradually, reaching 3.6 billion and enabling ~6,000 transactions per block. This Layer 1 scaling effort complements Layer 2 solutions and addresses throughput limitations. While promising, the proposal raises concerns about node operability and block propagation delays, which Feist suggests can be mitigated through gradual implementation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Itur_ad_Astra

It's some good DYOR instead of listening to random shills in here. Including myself.

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tldr; ProShares is set to launch three XRP ETFs on April 30, following SEC approval. The ETFs include Short XRP ETF, Ultra XRP ETF (2x leverage), and UltraShort XRP ETF (-2x leverage), offering futures-based exposure to XRP price movements without holding the asset. This follows the recent approval of Teucrium's XRP ETF. XRP's price has risen 4.86% to $2.28, with a market cap of $133 billion and increased trading activity. Institutional interest in XRP ETFs is growing, with several firms awaiting SEC decisions on their applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Strategy, the largest corporate Bitcoin holder, acquired 15,355 BTC for $1.4 billion between April 21-27, 2025, at an average price of $92,737 per coin. This purchase, funded by selling shares, brings its total holdings to 553,555 BTC, valued at $52.7 billion at current market prices. The company has seen approximately $15 billion in unrealized gains from its $37.9 billion investment. This marks the third consecutive week of Bitcoin acquisitions by Strategy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; MicroStrategy announced the purchase of 15,355 Bitcoin between April 21-27, 2025, for approximately $1.42 billion at an average price of $92,737 per Bitcoin. Founder Michael Saylor shared that the company now holds a total of 553,555 BTC acquired for $37.90 billion at an average price of $68,459 per Bitcoin. The acquisition has generated a 13.7% BTC yield year-to-date in 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; XRP has surpassed Ethereum in popularity within Japan's altcoin market, marking a significant shift in the region's cryptocurrency landscape. This development highlights XRP's growing dominance and appeal among Japanese investors, potentially influenced by its unique features and use cases compared to Ethereum. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Master analyst Willy Woo has expressed a bullish outlook on Bitcoin (BTC), suggesting that the cryptocurrency is transitioning towards a positive trend. He anticipates a potential breakout that could lead to a new all-time high (ATH). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Complex_Fox_4559

If you're considering entering the crypto space and are interested in projects with potential for long term growth, you should explore WhiteRock. This innovative platform provides tokenized stocks and bonds connecting traditional finance with blockchain technology. With a solid history, more than $200 million in total value locked (TVL), and collaborations with prominent companies such as Mastercard, WhiteRock could be a compelling option for diversification. They also have an upcoming debit card that will enable you to spend $WHITE and $XRP directly. It's definitely a project to investigate if you're looking for next generation, regulated crypto opportunities. Remember to DYOR as well.

coinfeeds-bot

tldr; Coinbase, in partnership with Founders Factory, Animoca Brands, and Fabric Ventures, is launching a 16-week crypto and AI accelerator in the UK. The program, supported by the UK government, aims to foster blockchain and AI startups, offering £250k investments for selected participants. The initiative seeks to boost the UK's position as a leader in blockchain technology, with applications opening in June and the program starting in September. It reflects optimism about the UK's crypto industry despite past challenges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; A class-action lawsuit has been filed against Nike, accusing the company of conducting a 'rug pull' by shutting down its RTFKT platform in January 2025. Plaintiffs allege Nike promoted sneaker-themed NFTs, profited from sales, and then abruptly ended the platform, leaving investors with losses and worthless assets. The lawsuit seeks $5 million in damages, claiming Nike violated consumer protection laws and sold unregistered securities. The shutdown reportedly devalued the NFTs and eliminated promised features like rewards and trading opportunities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; The supply of Bitcoin on centralized exchanges has dropped to its lowest level since 2018, with only 2.5 million BTC remaining as of April 2025. This decline is attributed to investors moving their holdings to self-custodial wallets, signaling long-term holding behavior. Institutional demand, including major purchases by firms like Fidelity, has accelerated this trend. Reduced exchange supply could lead to price stability or increases, with potential for a supply shock if demand rises. Analysts view this as a bullish indicator for Bitcoin's market outlook. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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tldr; Nike faces a $5 million class-action lawsuit accusing the company of abandoning NFT investors by shutting down its RTFKT subsidiary and devaluing sneaker-themed digital assets. The plaintiffs allege Nike promoted unregistered securities and misled buyers, violating U.S. securities and consumer protection laws. The lawsuit claims Nike profited from NFT sales while leaving investors with losses. Nike has not commented on the allegations, which come amid regulatory scrutiny of NFTs as potential securities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; RsCrypto, an unverified token, has a market capitalization of $4.18K and a daily trading volume of $4.3057 as of April 28, 2025. Its circulating supply is 1 billion tokens, with no maximum supply, allowing for potential creation of new tokens. RsCrypto can be bought and traded on platforms like Phantom. Market data is sourced from third parties and is for informational purposes only, not financial advice. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Same_Marionberry_956

DYOR, with time im sure you’ll find it’s just that; all talk and very little truth. A lot of holders are gripped by the hype, it won’t last forever once they realize it’s not replacing fiat and has awful tokenomics. Not saying it can’t go up some more from here, but I see a mostly sideways and downward long term future.

coinfeeds-bot

tldr; Bitcoin's price has shown resilience, nearing $94,000, with factors like institutional inflows into Bitcoin ETFs and a weakening correlation with the S&P 500 supporting its growth. Despite bearish signals in perpetual futures funding rates, institutional interest in monthly futures contracts suggests bullish momentum. Bitcoin's independence as an asset is growing, and its sustained performance above $90,000 could pave the way for new all-time highs, potentially exceeding $100,000 in the near future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

cryptoNcoffee

This is the issue is that gaming and all of the other stupid hype cycles makes people ask this. AI actually has a use case. It’s not just hype. Make sure to actually DYOR and the project is building what it says they are. Ask devs, don’t rely on marketing material because 99% of them are chat GPT API wrapped looking to extract as much value as possible with no plans on making anything long term

coinfeeds-bot

tldr; The FBI's Internet Crime Complaint Center (IC3) reported $2.8 billion in cryptocurrency scam losses for individuals aged 60 and above in 2024, marking a sharp rise in fraud targeting older Americans. Total crypto-related losses reached $9.3 billion, a 66% increase from 2023. Investment scams were the primary source, alongside schemes like sextortion and crypto ATM fraud. Older adults were particularly vulnerable, while younger individuals increasingly fell victim to pig butchering scams. Efforts like 'Operation Level Up' aim to combat these frauds. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; World Liberty Financial (WLFI), a crypto firm linked to Donald Trump's family, has faced challenges with its investments. Despite raising $550 million through token sales and holding a diverse crypto portfolio, WLFI has seen significant losses, including a $4.28 million average portfolio decline. Concerns have arisen over potential conflicts of interest, as Trump’s position could influence crypto markets. Regulatory scrutiny and allegations of market manipulation have added to the controversy surrounding WLFI's operations and its USD1 stablecoin project. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin ETFs experienced significant net inflows of $2.78 billion (29,321 BTC) over seven days, according to Lookonchain, as Bitcoin's price surged. The iShares (Blackrock) ETF alone saw inflows of 3,500 BTC worth $332.07 million. Ethereum ETFs also recorded positive net inflows of $36.5 million (20,518 ETH). As of April 25, total investments in US Bitcoin ETFs reached $109.27 billion, while US Ethereum ETFs totaled $6.14 billion. Bitcoin is trading at $94,879, and Ethereum at $1,837. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Ljubljana has been named the world's most crypto-friendly city, surpassing Hong Kong and Zurich. Factors contributing to its ranking include favorable tax policies, infrastructure, crypto integration into daily life, and a growing number of crypto-enabled businesses. However, Slovenia's finance ministry is considering a 25% tax on crypto trading profits, which could impact its appeal as a crypto hub. Other notable cities in the rankings include Singapore and Abu Dhabi, known for low taxes and supportive regulatory frameworks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Celsius Network founder Alex Mashinsky faces calls for a life sentence from victims who claim he devastated lives through his failed crypto lending platform. Over 200 impact statements have been submitted ahead of his May 8 sentencing, following his guilty plea to misleading customers and manipulating Celsius's native token, CEL. Mashinsky's actions trapped $4.7 billion in customer assets and contributed to the broader crypto collapse of 2022. Victims demand severe punishment to restore trust in the justice system. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; This week in crypto (Apr. 20-26, 2025), Bitcoin surged past $90K, driven by ETF inflows and whale accumulation. Ethereum unveiled a 5-year strategy focusing on scalability and security. MANTRA burned 150M $OM tokens after a 90% crash, while Trump Media partnered with Crypto.com for ETFs. Immutable's IMX soared 40% on a Ubisoft game deal, and Tether, SoftBank, and Cantor launched a $3B Bitcoin fund. XRP futures and Solana's stablecoin growth also made headlines, alongside Litecoin's rally and North Korea's crypto phishing schemes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Solana co-founder Anatoly Yakovenko stated that Ethereum is unlikely to replicate XRP's success, emphasizing that sentiment-driven valuations in the crypto market don't guarantee similar outcomes for other assets. His comments followed criticism from Omid Malekan, who noted XRP's valuation surpassing Ethereum's despite Ripple owning half of XRP's supply. Yakovenko argued that Ethereum's ecosystem is fundamentally different, making XRP's strategy ineffective for it. The discussion highlights tensions between sentiment-driven investing and fundamental analysis in crypto. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin's price is surging amid predictions of a U.S. dollar downtrend and geopolitical fragmentation. Deutsche Bank analysts foresee a prolonged dollar decline due to shifts in U.S. trade policy and global leadership reassessments. BlackRock's Jay Jacobs highlights bitcoin's potential as an uncorrelated asset in uncertain times, with the firm leading efforts to launch spot bitcoin ETFs. BlackRock CEO Larry Fink has shifted his stance, now calling bitcoin 'digital gold' and part of a financial revolution tied to blockchain technology. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; SEC Commissioner Hester Peirce likened the U.S. regulatory approach to crypto to playing 'the floor is lava' in the dark, highlighting unclear rules that force financial firms to avoid directly holding crypto assets. At an SEC roundtable, Peirce called for clearer regulations to enable firms to engage with crypto safely. Commissioner Mark Uyeda emphasized the need for custodial options meeting legal requirements, while SEC Chair Paul Atkins advocated for a rational framework to unlock blockchain benefits and reduce regulatory uncertainty. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Reddit Points surged over 45% after Totem Point Management LLC disclosed a $1.273 million stake in the company during Q4. The rally highlights investor excitement around Reddit's blockchain-based Community Points system, which allows users to earn, own, and trade tokens tied to subreddit contributions. This decentralized system is seen as a key asset in Reddit's ecosystem, driving engagement and aligning with broader crypto market trends and blockchain-based social networks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Hackers exploited two DeFi protocols, Loopscale and Term Finance, resulting in over $7 million in losses. Solana-based Loopscale lost $5.8 million due to an issue in its collateral pricing system, while Ethereum-based Term Finance lost $1.5 million due to a faulty oracle update. Loopscale has offered a 10% bounty for the return of funds and is working with authorities, while Term Finance assured users of a reimbursement plan. These incidents highlight ongoing vulnerabilities in the DeFi sector, which has seen nearly $2 billion in losses this year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

doyzer9

Love Kraken, pro and plus. People rarely take the time to write positive reviews, but as soon as they have an issue, no matter the real reason, they are quick to TP to rant about their frustration. All exchanges have rules, laws and regulations that they must comply with, so if you are not legit you could get stung. Also, no one likes spread or exchange rates, Eth fees, let alone exchange fees. DYOR. 👍

nickert0n

Honestly, if you can wait 10 years, you will probably 10x your investment. NFA DYOR

coinfeeds-bot

tldr; Bitcoin's price performance following the April 2024 halving has been the weakest on record, with only a 49% increase compared to much larger gains in previous cycles. Analysts attribute this to high interest rates and macroeconomic uncertainties, which have dampened the cryptocurrency's growth. The halving, which reduces mining rewards, has also strained the mining industry due to increased competition and operational costs. Despite expectations of a significant rally, Bitcoin's post-halving surge has underwhelmed both investors and miners. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; DELI FM 68.8 is a 24/7 live-stream radio station broadcasting live crypto news from Deliverance, KS. Hosted by Buzz Shipmann, a sentient cardboard box, the station features light jazz, bossa nova, and a mix of humor and crypto insights. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Bitcoin is reportedly trading at a 40% discount to its intrinsic value, with its energy value estimated at $130,000 post-April 2024 halving. Recent data shows significant Bitcoin outflows from Coinbase and Binance, suggesting institutional buying or ETF-related demand, with $3 billion in spot Bitcoin ETF inflows in one week. Analysts note Bitcoin's price action mirrors Q4 2024 patterns, potentially signaling a rise above $100,000, though resistance at $96,100 may pose challenges. Fractal patterns suggest bullish momentum but are not guaranteed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

RefrigeratorLow1259

It will be the go-to UTXO DeFi layer for BTC, as BTC is not capable of smart contracts or scalability. DYOR......

Ok-Western-5799

Good points, especially the DYOR tip. Looking into tokenomics and long-term potential is key. Take EOS for example, the rebrand to Vaulta has solidified its potential, and with such strong fundamentals, it's something worth keeping an eye on.

coinfeeds-bot

tldr; Senator Jon Ossoff criticized former President Donald Trump for inviting top holders of his memecoin, $TRUMP, to a gala dinner, calling it an 'impeachable offense.' Ossoff argued that the event, which grants access to Trump in exchange for significant investments in the coin, constitutes 'selling access' and raises ethical concerns. The memecoin, largely controlled by Trump-affiliated entities, has generated millions in trading fees, sparking accusations of corruption and conflict of interest. Other lawmakers and advocacy groups have also condemned the move, urging investigations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Icy_Mushroom_425

Good beginner resources: \-Binance Academy (free and covers everything from basics to advanced) \-Coin Bureau (YouTube channel - good deep dives) \-Investopedia (great for definitions and basics) \-Messari and CoinGecko (for project research) For DYOR, start by learning how to read whitepapers, check tokenomics, team background and real use cases. It gets easier the more you dig into it.

coinfeeds-bot

tldr; Ethereum's price has rebounded to $1,800, up 30% from its yearly low, as investor sentiment improves and the Fear and Greed Index moves to neutral. Spot ETH ETFs saw net inflows of $157 million, reversing weeks of outflows. Ethereum's network activity also showed strength, with decentralized exchanges handling $11.5 billion in volume over the past week. Analysts predict Ethereum could target the $2,000 level, supported by bullish technical patterns, though risks remain from declining perpetual futures funding rates. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; North Korean hackers linked to the Lazarus Group set up fake US shell companies, Blocknovas LLC and Softglide LLC, to target cryptocurrency developers with malware under the guise of job offers. Using falsified documentation, they posed as legitimate employers, primarily on LinkedIn, and tricked victims into downloading malware during fake interviews. The FBI seized the Blocknovas domain, highlighting vulnerabilities in business registration systems. The Lazarus Group has a history of exploiting fake job opportunities for cyber thefts, including the $625M Ronin Bridge hack in 2021. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Locked token investors have faced significant losses, averaging 50% from over-the-counter (OTC) valuations to current spot prices, with some altcoins like Scroll and Blast dropping as much as 85-88%. Data from STIX highlights that locked token holders have underperformed the broader crypto market, which declined by 40.7% during the same period. With $40 billion in locked altcoins set to unlock soon, sellers face steep discounts, exacerbating losses. Compared to Bitcoin's 45% gain, locked token holders have seen an 82.8% loss in value over the past year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The crypto market cap has surged to $3 trillion, driven by a rally in major cryptocurrencies like Bitcoin and meme coins such as Brett. This recovery is linked to bond vigilantes, investors who sold bonds to pressure the U.S. government to reverse tariff policies and avoid unfunded tax cuts. Rising bond yields impacted public debt servicing and influenced President Trump to reconsider firing Federal Reserve Chair Jerome Powell. Tariff risks easing and potential Fed rate cuts may further boost crypto prices. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Cardano achieved a record-breaking governance vote turnout, with 99.5% of the 4.657 billion ADA in delegated stake participating via the Delegated Representatives (DReps) system. Of the votes cast, 76% supported the proposed measure, while 918 million opposed, and 169 million were no-confidence votes. This milestone marks progress in Cardano's 'Voltaire governance era,' utilizing a liquid democracy model where ADA holders can delegate voting power while retaining control. The system was enabled by the Plomin hard fork in January 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The DTCC (Depository Trust & Clearing Corporation) has announced the creation of the 'Collateral AppChain,' a blockchain-based platform for real-time collateral management. This marks a significant shift as the DTCC, traditionally resistant to blockchain technology, aims to modernize its settlement processes from T+X to real-time, reducing liquidity bottlenecks. Built on Hyperledger Besu, the AppChain will be centralized and permissioned, offering advantages like high liquidity and efficiency, challenging the value proposition of public blockchains in TradFi. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Semler Scientific, a healthcare technology company, announced it has purchased $10 million worth of Bitcoin (111 BTC) at an average price of $90,000 per coin, bringing its total holdings to over 3,300 BTC valued at approximately $300 million. The company uses Bitcoin yield as a performance indicator and has partially financed its purchases through stock issuance and plans for a $75 million private offering. Semler's strategy aligns with a growing trend of corporate Bitcoin treasuries, inspired by firms like MicroStrategy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Nike is being sued by purchasers of Nike-themed NFTs and cryptocurrency assets after the company abruptly shut down its RTFKT unit in December 2024. The plaintiffs, led by Australian Jagdeep Cheema, claim the closure caused significant losses and allege the NFTs were unregistered securities. The lawsuit, filed in New York federal court, seeks over $5 million in damages for violations of consumer protection laws. Nike acquired RTFKT in 2021, promoting it as a leader in next-generation collectibles merging culture and gaming. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Arthur Hayes, founder of BitMEX, predicts Bitcoin will benefit from the ongoing US-China trade war, deglobalization, and economic decoupling. He argues that governments will likely print money to mitigate the effects of these shifts, which historically boosts Bitcoin. Hayes also notes that reduced US current account deficits could lead to foreign investors selling US stocks, prompting further money printing and benefiting Bitcoin. However, he believes central banks will continue to favor gold over Bitcoin as a hedge. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Brazil has become the first country to launch a spot XRP exchange-traded fund (ETF), named XRPH11, which began trading on April 25, 2025, on B3, Brazil's main stock exchange. Created by Hashdex and managed by Genial Investimentos, the ETF invests at least 95% of its assets in XRP or related financial products. It tracks the XRP Reference Price Index and charges annual fees of up to 0.7%. This marks a significant milestone in Brazil's crypto market, offering regulated access to XRP for investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Ohio residents may soon be able to pay fees and taxes in cryptocurrencies under a new GOP proposal aimed at making digital assets mainstream. State Treasurer Robert Sprague and Secretary of State Frank LaRose are leading the initiative to position Ohio as a leader in innovation. The proposal includes allowing state agencies to accept digital assets, though not mandatorily. Concerns about volatility, fraud, and security persist, but officials suggest systems could convert crypto payments to USD immediately to mitigate risks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Justin Sun, founder of the Tron blockchain, predicts Ethereum's price will reach $5,000 by its 10th anniversary in July 2025, a nearly 200% increase from its current value of around $1,789. Sun shared his forecast on social media, linking Ethereum's launch date to his birthday. He proposed strategies for achieving this target, including limiting ETH sales, focusing on core development, and improving scalability. Ethereum's upcoming 'Pectra' upgrade in May 2025 aims to address issues like high gas fees and slow transactions. Sun's support is notable given his leadership of a competing blockchain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Sen. John Boozman, Chair of the Senate Agriculture Committee, expressed optimism about bipartisan efforts to pass market structure reform for digital assets this year. He noted that many entities in the digital asset space fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), and his committee will collaborate with the House Banking and Financial Services Committee. Boozman emphasized the importance of legislation that protects consumers while fostering industry growth to prevent losing it to other countries. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Spot Bitcoin ETFs in the U.S. saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks. The surge brought April's net inflows to $2.26 billion, reversing earlier outflows. ETF analyst Eric Balchunas highlighted the rapid shift in inflow momentum, while BlackRock’s iShare Bitcoin ETF was recognized as the 'Best New ETF.' Bitcoin's price hovers around $94,613, with ARK Invest raising its bullish price target to $2.4 million by 2030, citing institutional adoption and its role as 'digital gold.' *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; An Ethereum user lost $700,000 in USDT to an address poisoning scam, where scammers create wallet addresses resembling legitimate ones to deceive victims. The attacker sent a small transaction to mimic a Binance wallet the victim had just interacted with, leading the victim to send a large sum to the scammer. The funds were quickly converted to DAI to avoid freezing. Experts advise double-checking full wallet addresses and avoiding reliance on truncated or transaction history addresses to prevent such scams. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Fun_Raise_7858

BS talker! You don't have a clue how and what. DYOR