Spot Solana ETFs Set to Launch in Canada This Week
Canada is gearing up to introduce its first spot Solana exchange-traded funds (ETFs) on April 16, according to Bloomberg analyst Eric Balchunas. In a post on X dated April 14, Balchunas shared details from a confidential TD Bank client note. The note revealed that the Ontario Securities Commission (OSC) has given the green light to […]
Michael Saylor’s Strategy Firm Acquires $285 Million in Bitcoin Amidst Market Volatility
Michael Saylor’s digital asset company, Strategy, recently made a significant move by purchasing 3,459 Bitcoin for a total of $285.5 million, reaffirming its strong belief in Bitcoin despite ongoing global economic uncertainty. The acquisition of these 3,459 Bitcoins at an average price of $82,618 per coin increases Strategy’s total Bitcoin holdings to 531,644 BTC, which […]
Trump’s World Liberty Financial Acquires $775K in SEI Tokens in Altcoin Acquisition Frenzy
World Liberty Financial, a crypto project backed by the Trump family, recently purchased 4.89 million SEI tokens, worth $775,000, as part of a broader altcoin acquisition strategy, according to blockchain data. On April 12, one of WLFI’s trading wallets acquired the SEI tokens using USDC transferred from its main wallet. This wallet had previously been […]
Mantra CEO Highlights OM Token Recovery as ‘Top Priority’ Despite Being in Early Phases
Mantra CEO John Mullin discussed the challenges surrounding the OM token’s recent drop during a Cointelegraph Ask Me Anything (AMA) on April 14, emphasizing that the token’s recovery remains a top priority for the company, despite being in the early stages of formulating a recovery plan. Mullin reassured the community that both Mantra and its […]
Trump Grants Tech Tariff Relief — Crypto Market Reacts Positively
In a move that may ripple across both the tech and crypto sectors, former U.S. President Donald Trump has announced exemptions for a range of technology-related imports from trade tariffs. Items such as smartphones, semiconductors, laptops, modems, and other electronics are now excluded from the previously proposed retaliatory tariffs. According to the U.S. Customs and […]
Saylor Hints at More Bitcoin Buys as Markets Struggle
Michael Saylor, co-founder of Strategy, has suggested that the company is planning to increase its Bitcoin holdings following a brief pause in accumulation. On March 31, the firm added 22,048 BTC to its reserves, bringing the total stash to 528,185 Bitcoin. Per data from SaylorTracker, Strategy’s Bitcoin portfolio has surged by about 24%, reflecting unrealized […]
Mantra Token Price Drops Over 90% in Just 24 Hours
The value of MANTRA’s OM token has crashed by more than 90% in just 24 hours, sparking widespread concern and speculation in the crypto space. As of April 13, 2025, OM is priced at roughly $0.66, down from a high of about $6.40 the previous day, wiping out billions from its market cap, which once […]
Swedish Lawmaker Suggests Bitcoin Be Included in National Reserves
A Swedish Member of Parliament has proposed incorporating Bitcoin into Sweden’s foreign exchange reserves, signaling a shift toward more openness to cryptocurrency within Europe, following similar actions taken by the United States. Rickard Nordin, a Swedish MP, wrote an open letter to Finance Minister Elisabeth Svantesson urging her to consider Bitcoin as part of the […]
S&P 500 briefly experiences Bitcoin-like volatility amid Trump’s trade war
The S&P 500 Index saw a sharp surge in volatility, briefly matching Bitcoin’s notorious fluctuations, following US President Donald Trump’s tariff announcement on April 2. This highlighted the uncertainty and fear gripping traditional financial markets amid the ongoing trade conflict. Bloomberg analyst Eric Balchunas pointed out on X that the S&P 500’s volatility, tracked by […]
Bitcoin Stays Above $82K as US Dollar Hits 3-Year Low and PPI Inflation Plunges
Bitcoin eyed higher price levels as the US inflation data for April 11 provided optimism for market bulls. Analyst: Lower-than-expected PPI is “positive” for the US trade conflict According to TradingView data, Bitcoin (BTC/USD) reached a high of $83,245 after the PPI data came in lower than expected. The PPI for March came in at […]