Author: CryptoHoppers
Key NotesXRP attracted $3.4 million in inflows amid $795M in total crypto outflows.Bitcoin and Ethereum saw the largest institutional exits.The broader market remains pressured by U.S.and China tariff tensions. . Current market data shows Ripple Labs linked-coin XRP was the only top digital asset to record institutional inflows last week. The coin stands out as general crypto market funds saw $795 million in outflows. While most major assets saw withdrawals, XRP brought in $3.4 million, showing signs of growing interest from institutions. Xrp defies the trend in a bleak week for crypto funds According to CoinShares report, while institutional money…
Bitcoin treasury company Strategy, formerly known as MicroStrategy, has acquired another 3,459 BTC for $285.8 million between April 7 and April 13. Michael Saylor’s Strategy continues aggressively accumulating Bitcoin (BTC) despite the cryptocurrency’s lack of energy to return to the $100,000 mark. In a regulatory filing with the U.S. Securities and Exchange Commission on April 14, Strategy disclosed that it had purchased 3,459 BTC for $285.8 million during the April 7–13 period, using cash proceeds raised from selling nearly 960,000 MSTR shares. $MSTR has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per bitcoin and has achieved BTC Yield of…
Key Takeaways Bitcoin proxy Strategy resumes Bitcoin buying spree after a brief pause. The firm has increased its Bitcoin holdings to 531,644 BTC after purchasing 3,459 more BTC. Share this article Michael Saylor’s Strategy announced today that the company purchased 3,459 Bitcoin between April 7 and 13 at an average price of $82,618 million. The acquisition brings the firm’s total holdings to 531,644 BTC, valued at nearly $45 billion at current prices. Strategy has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per bitcoin and has achieved BTC Yield of 11.4% YTD 2025. As of 4/13/2025, we hodl 531,644 $BTC…
[…] the general crypto market recovering following Trump’s tariffs pause, this could further fuel the price of SOL. […] Source link
Key Takeaways Jack Dorsey initiated a controversy by suggesting the removal of IP law. The debate highlights the growing tension between decentralization advocates and traditional legal frameworks. Share this article Jack Dorsey wants to scrap IP laws entirely. Elon Musk backs the idea, but not everyone vibes with it.The co-founder of Block and Twitter, now rebranded as X, said in a Friday statement that all forms of intellectual property law, such as copyright or patents, should be abolished. delete all IP law — jack (@jack) April 11, 2025The statement quickly stirred discussion across X, as users weighed in on the…
A group of billionaires are brushing past market fears and investing heavily in their companies in an attempt to leverage the volatility. The Persson and Lundin families, along with Carlos Slim, just collectively invested $96.3 million in their respective companies, reports Bloomberg. The Persson family invested approximately $78 million to boost their stake in H&M, where their firm is a major shareholder. The Lundin dynasty spent about $16 million on April 3rd to increase their stake in Lundin Mining. Meanwhile, Slim purchased $2.3 million in PBF Energy shares on the same day, as energy prices slumped. The buying spree followed…
Key Takeaways Ripple CEO Brad Garlinghouse suggests Bitcoin could reach $200,000 due to US crypto-friendly policies. Ripple is settling its SEC litigation for $50 million, facilitating their growth and acquisitions. Share this article Ripple CEO Brad Garlinghouse said Bitcoin’s $200,000 price target is achievable as institutional interest rises and US regulators shift toward a more crypto-friendly approach.“I think $200,00 is not unreasonable,” said Garlinghouse when asked about his Bitcoin price target during an interview with Fox Business Network’s The Claman Countdown on Friday. “I wouldn’t predict XRP. It’s too close to home.”CoinGecko data shows Bitcoin at approximately $83,500, reflecting a…
Crypto venture firm Node Capital has launched a liquid fund to invest in listed tokens, betting that bearish market conditions offer the best entry point.”We see a great opportunity in the market for liquid tokens when you look at current valuations as compared to early-stage pre-launched projects,” Amos Meiri, founding partner at Node Capital, told The Block. “Bear market is the best time to invest in liquid tokens that are what we call today ‘pre-ETF [pre-exchange traded fund assets].'”This is Node Capital’s first liquid fund and it is structured as an open-ended vehicle — meaning it accepts new capital on…
The United States hasn’t traditionally been the friendliest jurisdiction for blockchain startups. Last year, SEC Commissioner Mark Uyeda publicly lambasted the agency for its handling of the industry under ex-Chair Gary Gensler, calling it a “disaster.” Thankfully, the winds of change have turned into a veritable typhoon and the old heavy-handed enforcement approach seems like a distant memory.Regime change at the White House, and consequent musical chairs at the SEC, has made the United States far more appealing to both established Web3 firms already headquartered there (Coinbase, Circle, Block, Ripple) and fast-rising projects seeking to make their mark. Against the…
Key Takeaways President Trump signed a resolution overturning an IRS rule that required DeFi platforms to report crypto transaction data. The reversal alleviates the overburdening of DeFi participants with regulatory demands, supporting digital asset innovation while addressing privacy and taxpayer information sharing concerns. Share this article President Donald Trump today signed legislation nullifying an IRS rule that would have required decentralized finance (DeFi) platforms to report crypto transaction data and collect customer information, according to a press release issued by Rep. Mike Carey, who introduced the bill alongside Sen. Ted Cruz last December.“This is the first cryptocurrency bill ever signed…