Investments in Bitcoin exchange-traded funds (ETFs) rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns about global trade tariff escalations. US spot Bitcoin ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21... This helped lift the price of bitcoin above $94,000... “Macro factors like a weakening dollar and rising gold correlation” may reinforce Bitcoin’s appeal as a hedge against economic volatility, Ryan Lee, chief analyst at Bitget...

Bitcoin continued it torrid trading streak, flirting with $94,000 on Wednesday morning, despite a robust stock market rally. Some investors have been pulling money out of stocks and stashing them in gold and crypto, which have sent the values of both soaring. Analysts remain bullish on Bitcoin and how high it could go. Robert Kiyosaki, investor and Bitcoin expert, tweeted on April 20, “BITCOIN is $84k today. Strongly believe Bitcoin will reach $180k to $200k in 2025.” Kiyosaki is not alone in his thinking. “There is high short-term uncertainty, but...

Maple Finance is quietly becoming one of the most important bridges between decentralized finance (DeFi) and traditional finance. Co-founded by Sidney Powell in 2021, the institutional crypto lending platform has facilitated over $5 billion in loans and is increasingly positioning itself as the infrastructure layer for tokenized private credit — a sector TradFi is rapidly embracing. After a turbulent few years for crypto credit markets, Maple has staged an impressive comeback.

The team behind the Symbiotic network, the restaking protocol meant to rival EigenLayer, shared Wednesday that it had raised $29 million in a Series A round. The funding will expand the current team and develop the protocol’s Universal Staking framework, broadening its efforts from just restaking to including providing support for other staking activities.

is a correspondent at Vox writing about climate change, energy policy, and science. He is also a regular contributor to the radio program Science Friday. Prior to Vox, he was a reporter for ClimateWire at E&E News. AI is driving demand for data centers that in turn are creating demand for more energy. Sameer Al-Doumy/AFP via Getty Images Though they have no moving parts, they devour electricity as they store and modify bits of information. “Ones and zeros are encoded as these high and low voltages,” said Timothy Sherwood, a...

Coinbase (COIN) has established the industry's most scaled crypto trading platform with a domestic market share of around 66%, broker Benchmark said in a report Wednesday, while also initiating coverage of the stock. Benchmark assumed coverage of Coinbase with a buy rating and a $252 price target. The shares were over 4% higher at around $198 in early trading. The crypto exchange offers a "comprehensive suite of products and services aimed at facilitating the adoption and use of digital assets by both retail and institutional investors," analyst Mark Palmer wrote....

A threat actor seemingly exploited an XRP Ledger’s developer access token to publish illicit code to the burgeoning network in a move that could have been “catastrophic” for the network, the security team that spotted the issue said in an update. Charlie Eriksen, a researcher at Aikido Security who first spotted the problem, said a hidden issue was added to recent versions of a new toolkit used to build apps that work with the XRP Ledger. “A developer's NPM access token was stolen by the threat actors,” Aikido said on...

Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported. The SPAC, dubbed Cantor Equity Partners, raised $200 million in January and will help form a new firm, 21 Capital, seeded with $3 billion in bitcoin from the crypto heavyweights. The deal mirrors MicroStrategy’s bitcoin proxy model and would convert the BTC into equity at a valuation of $85,000 per coin. Cantor Fitzgerald is one of Tether's custodians,...

• Brandon Lutnick spearheads a $3 billion Bitcoin investment through Cantor Fitzgerald, partnered with SoftBank, Tether, and Bitfinex to form 21 Capital. • The aim is to emulate MicroStrategy’s approach of holding Bitcoin as a treasury asset for long-term appreciation. • This initiative reflects the growing institutional adoption of Bitcoin, driven by positive market sentiment and increased demand. Brandon Lutnick is spearheading a $3 billion Bitcoin investment through Cantor Fitzgerald, partnering with SoftBank, Tether, and Bitfinex to form 21 Capital.

Cantor Fitzgerald LP, Tether Holdings Ltd. and SoftBank Group are in talks to form a $3 billion special purpose acquisition vehicle that would absorb billions of dollars in cryptocurrency, according to a Financial Times report . The vehicle, named Cantor Equity Partners, raised $200 million in January and will use the cash to create a new firm, according to the report. Stablecoin giant Tether will contribute $1.5 billion of Bitcoin, while Tether-affiliated exchange Bitfinex Technology Ltd. and SoftBank plan to put in $600 million and $900 million of the cryptocurrency,...