Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations
Digital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares. On April 14, CoinShares reported that crypto ETPs saw $795 million in outflows last week, with Bitcoin (BTC)-based products accounting for $751 million, while Ether (ETH) products followed
Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users. According to an April 14 X Avalon Labs announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon explains that it will allow the platform’s users to earn yield
Michael Saylor’s digital asset firm, Strategy, has purchased an additional 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy has acquired 3,459 Bitcoin (BTC) for $285.5 million at an average price of $82,618 per BTC. The purchase brings Strategy’s total Bitcoin holdings to 531,644 BTC, acquired
Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project. Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on
Mantra’s OM (OM) token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam. OM bounces 200% as co-founder addresses concerns As of April 14, OM was trading for as high as $1.10, almost 200% higher than its post-crash low
Bitcoin (BTC) price has been consolidating within a roughly $3,000 range since April 9 as the 200-day SMA trendline remains a stubborn barrier. Data from Cointelegraph Markets Pro and Bitstamp shows that BTC price oscillates within a tight range between $83,000 and $86,000, as shown in the chart below. BTC/USD four-hour chart. Cointelegraph/TradingView Key factors
Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April
Bitcoin (BTC) is holding down the fort as the US trade war rages on into the third week of April. BTC price action attempts to overcome a long-term resistance trend line without success as trade war concerns dictate traders’ expectations. Tariffs are the key macroeconomic topic of the week as risk assets brace for potential
Why some blockchains die Blockchains can die from flawed tokenomics, scams, security issues or lack of community and development momentum. Without active participation, even cutting-edge technology gathers dust. Ever heard of a blockchain that no one uses? It happens more often than you think. While the cryptocurrency space is full of innovation, but not every