Crypto News

Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their data center provider Amazon Web Services (AWS). "We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center," Binance said in an X post. "Some orders are still successful, but some are failing. If users failed, they may keep retrying." Binance opened withdrawals just over five minutes after the issue was first reported. Users are still reportedly facing issues placing trades on both Binance and KuCoin, X posts show. Crypto wallet Rabby and on-chain analytics tool DeBank reported issues in separate X posts as well, with all services unavailable. AWS is a...

Crypto exchange Binance briefly stopped allowing users to withdraw from the platform on Tuesday due to an issue involving an Amazon Web Services (AWS) data centre. Binance reported that withdrawals were suspended "to keep safe", before announcing that withdrawals had resumed. The suspension lasted around 23 minutes. AWS's service dashboard indicated a "connectivity issue" that affected its Tokyo cloud region, which was resolved shortly after. Another crypto exchange, KuCoin, also experienced "temporary disruptions". KuCoin indicated that their technical team was working on a fix, assuring users that assets remained secure and all data intact. The disruption was due to an AWS outage affecting services across the Tokyo data centre...

Trading in financial markets feels like dodging a barrage of stones, each demanding constant vigilance and agility. Just as bitcoin (BTC) and traditional risk assets stabilize after last week's Trump tariff-led panic, unsettling movements in Japanese bonds emerge, throwing a spanner into the mix. The yield on the 30-year Japanese government bonds rose to 2.88% early Tuesday, the highest since 2004, registering a nearly 60 basis point increase in one week. The yield differential between the 30- and five-year bonds, representing the premium investors demand to hold ultra-long bonds over five-year bonds, has widened to a nearly two-decade high. The 10-year yield has bounced roughly 30 basis points to 1.37% in one week but stays well below...

Dogecoin (DOGE) shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. Prominent financial figures have started to warn that the U.S. is heading into a potential recession, with betting markets placing 40% to 60% odds of one happening in 2025. Sentiment often frames reality, not the other way around. Crypto has benefited from recent market shifts, with equities experiencing higher volatility than Bitcoin during risk-off movements. A policy with tariffs has pushed spot gold to all-time highs, with BTC finally regaining some of its long-lost 'store of value' narrative. Crypto majors tracked by the...

© Reuters. reports The Trump administration was reportedly considering using tariff revenue to purchase Bitcoin, aiming to boost reserves without borrowing more money or raising new taxes.  The move follows Trump’s executive order to build a strategic crypto reserve, media reports stated.  Crypto price today: altcoins mixed amid tariff tensions Altcoins were mixed on Tuesday, with most moving in tight ranges amid economic uncertainty. World no.2 crypto Ether rose 0.9% to $1,638.57. World no. 3 crypto XRP gained 0.8% to $2.1378. Solana declined 0.7%, while Cardano and Polygon were largely unchanged. Among meme tokens, Dogecoin lost 3.3%, while $TRUMP declined 3.8%...

Dogecoin (DOGE) shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. “Prominent financial figures have started to warn that the U.S. is heading into an imminent recession, with betting markets placing 40% to 60% odds of one happening in 2025. Our view is that it probably doesn't matter, as sentiment often frames reality, not the other way around.” “As such, crypto has benefited from the recent shake-out, as equities have been realizing higher volatility than Bitcoin through the risk-off move. A beggar-thy-neighbour policy with tariffs has pushed spot gold to ATHs, with BTC finally regaining some...

The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024, according to a report from Galaxy Digital published on April 14. This decline began in 2022, following the collapse of several major centralized finance (CeFi) lenders including Genesis, Celsius Network, BlockFi, and Voyager. These firms filed for bankruptcy as crypto prices fell, leading to a significant reduction in both the supply and demand for crypto loans. The impact on CeFi lending was severe. At its peak in 2022, CeFi lending had a combined book size of $34.8 billion. By the end of 2024, this had dropped to $11.2 billion—a 68% decline. According to Galaxy Digital...

Singapore, Singapore, April 15th, 2025, Chainwire HTX, a leading crypto exchange, has released its Q1 2025 performance report, demonstrating significant growth across user activity, asset onboarding, and platform utility despite a turbulent crypto market. HTX has reported a 210% increase in net inflows compared to the previous quarter, alongside the achievement of several operational milestones. These developments contribute to the platform’s continued expansion and presence in the global cryptocurrency market. Strong Growth in Users and Capital Inflows In Q1 2025, HTX recorded a 116% increase in new registered users and a 210% jump in net inflows compared to the previous quarter. The platform’s March performance was particularly...

TermMax Announces Mainnet Launch – Revolutionizing DeFi Borrowing and Lending fixed-rates borrowing and lending with a single click. The extended features include one-click looping positioning, range orders, and customizable pricing curves. Think of TermMax as Uniswap V3 for borrowing and lending—a platform that combines the flexibility of Uniswap V3 with a V4 upgrade in the near future. How TermMax Solves Key DeFi Challenges TermMax is designed to address key challenges faced by DeFi users, streamlining the borrowing, lending, and leveraging experience. Here’s how it solves these issues: TermMax’s Vision: Building the Future of Fixed-Income Markets The global financial markets exceed $100 trillion in fixed income and over $600...

The world’s largest cryptocurrency exchange by trading volume has experienced a massive withdrawal involving 1,000 BTC, worth over $84 million, according to blockchain monitoring firm Whale Alert. While the move comes amid rising sentiment as Bitcoin (BTC) and other altcoins begin to show signs of potential price recovery, the blockchain tracker spotted the transaction, which saw the large amount of Bitcoin withdrawn to an unknown wallet during the late hours of April 14. The large Bitcoin withdrawal comes as BTC sees an impressive surge in key metrics, suggesting the coin may be set for a potential boom. According to data provided by CoinMarketCap, Bitcoin has surged by 1.98% in price and 25.82% in trading volume, respectively. As...

The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024, according to a report from Galaxy Digital published on April 14. This decline began in 2022, following the collapse of several major centralized finance (CeFi) lenders including Genesis, Celsius Network, BlockFi, and Voyager. These firms filed for bankruptcy as crypto prices fell, leading to a significant reduction in both the supply and demand for crypto loans. The impact on CeFi lending was severe. At its peak in 2022, CeFi lending had a combined book size of $34.8 billion. By the end of 2024, this had dropped to $11.2 billion—a 68% decline. According to Galaxy Digital...

Bitcoin (BTC) drifted gently upwards Monday as the broader market adjusts favorably to trade-related news. The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period to $1,630. The broad-market CoinDesk 20 Index, which consists of the top 20 cryptocurrencies by market capitalization except for stablecoins, memecoins, and exchange coins, advanced 1.2%, led by gains in SOL and AVAX. After a couple of wild weeks, the stock market also edged higher today, with the Nasdaq closing with a 0.6% gain and the S&P 500 rising 0.8%. Strategy (MSTR) and MARA Holdings (MARA) led among crypto stocks with roughly 3% gains. The modest rally came as Federal...

© Reuters Tether Reveals Next Big Plan for Bitcoin Paolo Ardoino, Tether CEO, took to X to highlight the new move that the stablecoin issuer is taking with Bitcoin (BTC). The protocol plans to deploy both existing and future hashrates on the OCEAN protocol. Tether to utilize OCEAN’S DATUM gateway software For context, OCEAN is a leading Bitcoin mining pool specifically focused on decentralization. The pool, launched by long-time Bitcoin Core developer Luke Dashjr, provides miners with the resources required to build their own block templates. They utilize their open-source DATUM protocol, which helps to reduce dependence on centralized intermediaries. This also enhances censorship resistance within the Bitcoin network. Tether...

Bitcoin ETFs have faced persistent outflows throughout April, with investors pulling money from the products despite the recent price recovery, according to data from U.K.-based asset manager Farside Investors. The outflows have been nearly consistent across the month, with all but one day in April recording outflows from the various Bitcoin ETFs. Total April outflows reached $812.3 million as of Friday, with BlackRock's iShares Bitcoin Trust (IBIT) leading the exodus at $393.2 million withdrawn. The Grayscale Bitcoin Trust ETF (GBTC) has also experienced large outflows, with $256.4 million leaving the fund during this period, according to Farside. The Fidelity Wise Origin Bitcoin Fund (FBTC) had $64.5 million in outflows, while the...

According to the IRS, the average tax refund for the 2025 season is $3,271 as of March — a bigger windfall than many taxpayers will see all year. America’s 24/7 consumer culture offers no shortage of ways to blow it all for those who just can’t resist the temptation of shiny things. However, many others will put their refunds to better use by using the money to pay down debt, build an emergency fund or invest — and that last one is where things get interesting. A new study from the consumer research platform Attest found that nearly one in four taxpayers plan to use their refund to buy cryptocurrency, with millennials being most likely to convert their repayment from Uncle Sam to digital tokens. But is crypto investing a smart move...

© Reuters. Bitcoin Facing 'Hangover' After 'Biggest Pump in History,' Bloomberg's Mike McGlone Says Mike McGlone, senior commodity strategist at Bloomberg Intelligence, has published two tweets dedicated to what is happening to Bitcoin and gold today, claiming that BTC is risking losing its “digital gold” status, as physical gold is on the rise. Bitcoin shows "enduring risk-asset apex" In the first tweet, McGlone spoke about Bitcoin ETFs facing massive outflows for several months in a row as institutional investors have been pulling funds out of those ETFs, while the decline that gold has been facing over the past four years has reversed. Bloomberg’s analyst has stated that this “might mark 2024’s crypto frenzy as an enduring...

© Reuters Bitcoin, Fed Reserve, Strategy – Vinny Lingham Shares Hot Take Prominent internet entrepreneur Vinny Lingham has taken to his account on X to share his thoughts on the large Bitcoin purchase that was made just recently by Michael Saylor’s company Strategy but announced only today. Vinny Lingham and his X followers seem critical of Michael Saylor’s Strategy since it is slowly but surely becoming one of the largest Bitcoin holders and perhaps pushing BTC to becoming a centralized asset managed by financial elites. "Strategy is now the Federal Reserve for Bitcoin" The Bitcoin-focused firm has purchased a $285.8 million worth of BTC, which comprises 3,459 Bitcoins. Now, the renowned firm that switched its main business from...

© Reuters $9,000,000,000 in Bitcoin (BTC): Saylor's Strategy Is Working Once more, Michael Saylor’s Bitcoin playbook is demonstrating its tenacity. At this point, Strategy’s Bitcoin holdings have grown to an incredible $44.86 billion, locking in a 25.85% profit, or an incredible $9.2 billion in gains. The strategy seems to be working even with some recent volatility on the larger cryptocurrency market, as there are currently over 528,000 BTC under management and an average purchase price of $67,485. The performance graph shows Strategy’s strategic timing in addition to its belief in Bitcoin. By making large purchases during the 2020, 2022 and late 2023 dips, the company was able to drastically reduce its average cost basis. Even...

Even though crypto started over a decade ago, many investors are now taking a closer look at this asset class. While the financial press mainly focuses on the most popular coins, there are hundreds of alternative options in the cryptocurrency space. Many of these coins have advantages over names like Ethereum or Bitcoin, particularly concerning privacy. Quick Take: What Is Private Crypto? Some coins manage to keep transactions more private, which enhances user anonymity and financial confidentiality. This is achieved by concealing transaction details and using technologies like ring signatures and stealth addresses to hide transaction amounts and the identities of senders and receivers, making transactions untraceable. Monero (XMR)...

On-chain data aggregator CryptoQuant has posted a tweet pointing out at a negative trend related to spot Bitcoin exchange-traded funds. It believes that institutional investors might be losing interest in this brand new asset, which launched at the start of last year and attracted billions of U.S. dollars once it began to conquer the financial markets. "Bitcoin ETF demand is cooling" CryptoQuant shared an infographic showing a sharp decline in spot Bitcoin ETF inflows. The company’s chief executive and founder, Ki Young Ju, added a comment to clarify the infographic reading. He said that while the overall amount of assets under management in Bitcoin ETFs face a substantial decline, “it can be considered as a substantial withdrawal of...