Author: CryptoHoppers
Key Takeaways Brazil has introduced the first-ever XRP spot ETF, debuting on the B3 stock exchange. The ETF, managed by Hashdex, is set to track XRP’s price using the Nasdaq XRP Reference Price Index. Share this article The world’s first ETF that tracks the spot price of XRP, Ripple’s native crypto asset, officially debuted on Brazil’s main stock exchange B3 on April 25, according to a press release from Valor Econômico.The fund, dubbed Hashdex Nasdaq XRP Fundo de Índice, or Hashdex Nasdaq XRP FI, is managed by Hashdex and administered by Genial Investments Securities Brokerage SA. Genial Bank SA is…
Trade frictions between Washington and Beijing are reviving sales of Intel’s older personal-computer and server chips as customers look for cheaper parts before threatened tariffs raise costs. According to a Reuters report, Intel, whose biggest market is China, warned investors that the June quarter will be weak. Yet, it beat Wall Street’s first-quarter revenue forecasts because buyers have been stockpiling processors ahead of possible levies. “In client, we are seeing strong demand on older-gen parts and in data center as well,” Michelle Johnston Holthaus, head of Intel’s product unit, told analysts after the results. “Macroeconomic concerns and tariffs have everybody hedging…
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Key Takeaways Lazarus Group set up fake US companies to target crypto industry developers with malware. The operation represents an evolution in North Korea’s efforts to target the crypto sector for funding. Share this article North Korea’s Lazarus Group, through its subunit, spun up fake US-registered companies as part of a campaign to phish crypto developers and steal their wallets, according to a new report from Reuters.The companies, Blocknovas LLC and Softglide LLC, were registered in New Mexico and New York using fake personas and addresses. Another entity, Angeloper Agency, is reportedly connected to the operation, but it is not…
Key NotesFormer CEO of Celsius, Alex Mashinsky, is expected to be sentenced on May 8.The sentencing was delayed by one month following a request from the defense to present additional evidence.Mashinsky pleaded guilty to securities and commodities fraud related to Celsius’s token, CEL. Alex Mashinsky, the former CEO of Celsius, is set to be sentenced by a US court on May 8, 2025, after pleading guilty to two criminal counts. Two years ago, he faced accusations of wire fraud, securities fraud, commodities fraud, and multiple counts of market manipulation. A New York district court filing released on 23 April 2025…
Sui is partnering with xMoney and xPortal to launch a virtual Mastercard for European users, allowing them to spend crypto like cash. Sui is expanding into everyday payments through a new partnership with financial platform xMoney and crypto super-app xPortal. Together, they are launching a virtual Mastercard that allows European users to spend crypto like cash. The partnership introduces a full-stack payment solution: a custom Sui (SUI) wallet experience integrated into xPortal’s app, already used by 2.5 million people. Sui is going full lifestyle chain 🌊We’ve partnered with @xPortalApp + @xMoney_com to bring you:💳 A virtual Sui Mastercard, with Tap…
Key Takeaways Tether has increased its stake in Juventus Football Club to 10.12% of issued share capital. Tether views this investment as a commitment to innovation and collaborative growth with Juventus. Share this article Tether has increased its stake in Juventus Football Club to 10.12% of issued share capital, representing 6.18% of voting rights, following its additional share purchase, according to the company’s Thursday announcement.The investment builds upon Tether’s initial 8.2% stake in the Turin-based football club, expanding the crypto company’s position in one of Italy’s most prominent sports institutions. “We are proud to become a significant shareholder of Juventus,…
What Happens When a $100M+ NFT Project Goes Dark — And Leaves Holders Hanging In the golden age of NFT mania, few projects shone brighter than CloneX, a sleek, futuristic collaboration between RTFKT Studios (later acquired by Nike) and the legendary Japanese artist Takashi Murakami. It was stylish, innovative, and loaded with promise — avatars built for the metaverse, with traits designed for modularity, fashion drops, and future integrations. CloneX wasn’t just an NFT project; it was a vision of digital identity at scale. But today? That vision feels like a ghost in the machine. Go to any CloneX token…
Bitcoin’s bullish sentiments, with Futures and Options Open Interest hitting a monthly high. Can BTC push to $100,000 again? Over the past day, Bitcoin [BTC] surged by 6.33% to hit a one-month high of $93,756, at press time. Over the same period, investors have shown extreme bullishness. Notably, at the time of writing, the Put/Call Open interest was at 0.59. Source: Glassnode The ratio highlights trader sentiment, with 1.7 call contracts for every 1 put contract. This translates to $19.3 billion in Call Open Interest, compared to $11.5 billion in put open interest. Such a ratio suggests traders are…
[…] Sui has managed to stage a steady but significant recovery as the general crypto market recovers. Notably, Bitcoin has managed to reclaim $94,000 while Ethereum is trading above $1,800 hence signifying a renewed trust in cryptocurrencies. […] Source link