April 22, 2025

Bitcoin

Bitcoin

Digital Asset Manager 21shares Files for Dogecoin ETF

The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC) on Wednesday.

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Bitcoin Set to Go ‘Nuclear’ as Governments Flood the World With Fiat, Says Strike CEO

The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.04% on Thursday in the wake of

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Bitcoin Seesaws Despite Tariff Truce and Cooling Inflation

The digital asset surged to $83K late Wednesday on news of President Donald Trump’s 90-day tariff pause. But even lower inflation couldn’t curb its descent back to $79K Thursday morning Tariff Pause and Lower Inflation Fail to Steady Bitcoin’s Choppy Trading Bitcoin roared past $83K late Wednesday after President Donald Trump declared a 90-day pause

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Tariffs Threaten US Bitcoin Mining as Firms Race to Import Mining Equipment

U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs. Bitcoin Miners Charter $3M Flights to Combat Trump’s Tariff Hike U.S. bitcoin miners are scrambling to import

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dollarization | Russia & China Trade Energy with Bitcoin

“De-dollarization is here.” Founder and Principal Attorney Sasha Hodder of Hodder Law, a firm specializing in cryptocurrency-related business law founded in 2022, commented on the implications of the Trump administration’s (now paused) tariffs to the U.S. dollar, as highlighted in an article released Wednesday by asset manager, VanEck. Article by VanEck’s Matthew Sigel The article,

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Bitcoin ETFs Extend Outflow Streak to Five Days With $127 Million Exit

Bitcoin ETFs posted a fifth straight day of outflows, losing $127 million, led again by a major exit from Blackrock’s IBIT. Ether ETFs weren’t spared either, with $11.19 million exiting the space, pushing total net assets further below the $6 billion threshold. Outflows Persist With Significant Withdrawals on Bitcoin ETFs and Further Dips for Ether

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NCET Shutdown | National Cryptocurrency Enforcement Team

The U.S. Department of Justice (DOJ) has officially shut down its digital assets crime division, the National Cryptocurrency Enforcement Team (NCET), in a big policy change under President Donald Trump’s administration. This is a 180-degree change from the Biden-era approach that used enforcement to regulate digital assets. The move was announced in a four-page memo

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Rapid Ascent: Oracle Red Bull Racing in F1 Clinches Suzuka Victory, as Gate.io Drives Racing Forward with Technology

PRESS RELEASE | On April 6, 2025, the F1 Japanese Grand Prix at the Suzuka Circuit concluded successfully, where Oracle Red Bull Racing in F1’s Max Verstappen took pole position, led from start to finish, and clinched the victory. This is a press release submitted to BitPinas. With this win, he secured his fourth consecutive

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NFT Marketplace Magic Eden Expands as Multi-Chain Crypto Platform With Acquisition of Slingshot

Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens. With Slingshot’s technology, users can

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Solana Co-Founder Says There’s No Need for L2s: “L1s Can Be Faster, Cheaper, and More Secure”

“There is no reason to build an L2. L1s can be faster, cheaper, and more secure.” That was the response from Solana co-founder Anatoly Yakovenko after X user @ripdoteth claimed that layer-two networks can be faster, cheaper and more secure, and are just being slowed down by layer-one networks. “They aren’t slowed down by a

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