One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee. The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that changed the transaction’s target address, sending 0.48 Bitcoin ($37,770) with 0.2 BTC of change…
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Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty, according to Blockstream CEO Adam Back. Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said rising inflation and monetary instability across global economies will drive…
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Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position in Coinbase. ARK has acquired $26.6 million of Coinbase (COIN) stock since US President Donald Trump announced new trade tariffs on April 2, according to trading…
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China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes. “If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said Hayes on X on April 8 in reference to the catalyst needed to…
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A Nigerian court has reportedly delayed the country’s tax evasion case against Binance until April 30 to give time for Nigeria’s tax authority to respond to a request from the crypto exchange. Reuters reported on April 7 that a lawyer for Binance, Chukwuka Ikwuazom, asked a court the same day to invalidate an order allowing…
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Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca. The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1.85% management fee and annual…
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Recent fake news that US President Donald Trump was considering a 90-day pause in tariffs shows the potential for a strong market rebound should a real one take place, according to observers. A fake news post on X on April 7 from the verified “Walter Bloomberg” account claimed that the White House was considering a…
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Australia’s corporate watchdog has been given the nod to shut down 95 “hydra” companies that it suspects engaged in crypto investment and romance scams, known as “pig butchering.” The Australian Securities and Investments Commission’s application to wind up the companies was approved by the Federal Court of Australia on just and equitable grounds after ASIC…
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The US Securities and Exchange Commission has released the list of executives from US crypto and finance giants that will take part in a roundtable discussion on crypto trading regulation. On April 7, the regulator said its upcoming April 11 roundtable will discuss how it should handle crypto trading rules, calling it “Between a Block…
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Authorities in Spain have arrested six people who helped operate a global AI-powered investment scam that stole over $20 million from at least 208 victims. The scammers would swindle victims up to three times. After stealing an initial sum through the investment scam, the fraudsters contacted victims twice more, masquerading as investment managers and then…
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