Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Today, April 5, 2025, marks the 50th birthday of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, based on the birthdate on his P2P Foundation profile. Despite revolutionizing global finance and technology, Satoshi remains an enigma with a hidden fortune of about $91 billion. His groundbreaking work in launching Bitcoin continues to inspire and puzzle the crypto community. As enthusiasts celebrate this milestone, questions about his true identity and lasting legacy persist, keeping the mystery alive. Read More

Grayscale has taken a big step towards mainstream adoption of Solana (SOL) by filing an S-1 application for a Solana Exchange-Traded Fund (ETF). This move could make Solana more accessible to both retail and institutional investors, providing a regulated way to invest in the cryptocurrency. As Solana continues to gain traction in the blockchain space, the ETF filing signals growing confidence in its potential. If approved, this could bring more stability and legitimacy to Solana, further cementing its place in the crypto market.

April 3 marked another tough day for crypto ETFs, with Ethereum ETFs losing $3.59 million in net outflows for the third straight day. Bitcoin ETFs took an even bigger hit, with $99.86 million in outflows, signaling investor caution. However, BlackRock’s IBIT stood firm as the only fund to see net inflows, proving its resilience in a volatile market. As traders weigh their options, all eyes remain on ETF flows for the next big move.

Brazil’s largest bank, Itaú Unibanco, with over 55 million customers, is considering launching its own stablecoin. Guto Antunes, head of digital assets, says interest has grown due to the U.S. government’s evolving crypto stance. He highlights blockchain’s potential for atomic transactions and hints at a possible Brazilian real-backed stablecoin. However, Itaú is first studying the experiences of other banks and waiting for stablecoin regulations to be established in Brazil before moving forward.

Japanese public company Metaplanet has secured ¥2.63 billion in funding to expand its Bitcoin holdings. This move reinforces its commitment to crypto as a strategic asset, following the footsteps of major institutional investors embracing Bitcoin as a hedge. As traditional markets fluctuate, Metaplanet’s bold decision highlights growing corporate confidence in digital assets. With this latest investment, the company strengthens its position in the evolving financial landscape.

Binance founder CZ has donated 1,000 BNB ($600K) each to Myanmar and Thailand to support earthquake relief efforts. The combined $1.2 million donation aims to provide urgent aid to affected communities. This move highlights the growing role of crypto philanthropy in disaster response, offering fast and borderless support. Binance continues to use its resources to make a real-world impact in times of crisis.

Following a 13-hour debate, the U.S. House Financial Services Committee has passed the STABLE Act with a 32-17 vote, with six Democrats joining Republicans in support. This bill focuses on stablecoin regulation and now heads to a full House vote for further approval. The strong bipartisan backing suggests growing interest in establishing clear rules for digital assets. If passed, the legislation could shape the future of stablecoins in the U.S. All eyes are now on the full House decision. Contine To Read

In the past 24 hours, the crypto market saw $500 million in liquidations, with $300 million wiped out in just four hours. Major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA) were hit hard. The sell-off also slashed $200 billion from the market’s peak valuation, causing widespread volatility. This rapid downturn highlights the risks of leverage and the unpredictable nature of crypto markets. Continue To Read

Bhutan’s Royal Government recently transferred 377.78 BTC ($32 million) to a new wallet, bringing its total Bitcoin holdings to 8,594 BTC, now valued at $726 million. This move highlights the country’s continued involvement in crypto investments. Bhutan has been actively accumulating Bitcoin, signaling its strategic interest in digital assets. As institutional adoption grows, Bhutan’s Bitcoin strategy positions it as a key player in the evolving financial landscape.

As of April 2, 2025, the cryptocurrency market remains volatile. Bitcoin is trading around $84,564, showing slight recovery from recent dips. Analysts are cautious due to the potential ‘death cross,’ where the 50-day moving average falls below the 200-day average, signaling possible downturns. Additionally, President Trump’s upcoming tariffs are causing market uncertainty, impacting risk assets like cryptocurrencies. While some experts predict a rebound, others advise caution, emphasizing the unpredictable nature of the crypto market.​