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Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome in 2025. The global financial tides are shifting significantly, and Bitcoin (BTC) price could greatly benefit from it. Recent data indicates that US Treasury funds saw $19 billion in net inflows last week, exceeding the 2020 pandemic peak of $14 billion, with the 4-week moving average rising…
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily pause its lending markets. The following day, the hacker sent a message on the Etherscan blockchain scanner “indicat[ing] a willingness to return the exploited funds in exchange for a bounty,” Loopscale said in an April 27 X post. “We are agreeable to collaborating with you to reach a…
Key Takeaways:Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets.Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000.A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals.Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April 28. This price movement closely tracked the decline in US Treasury yields, suggesting that traders were seeking the relative safety of more secure assets.While Bitcoin traders are moderately satisfied with the 6% gains achieved over the past week, there is ongoing uncertainty as to why BTC has been unable…
Some stocks have made major swings in the days since President Donald Trump returned to the White House. Trump has put U.S. investors on alert with market-moving plans such as tariffs and federal government spending cuts. The S & P 500 is slated to record its worst first 100 days of a presidency since Richard Nixon’s second tenure in the 1970s. Underneath the hood, some names are seeing outsized moves. CNBC screened the S & P 500 to see which stocks have performed the best and worst since Trump came back to the Oval Office in January. To do this,…
Update (April 29 at 12:40 am UTC): This article has been updated to include information on Elon Musk’s and Brian Armstrong’s citizenships.Crypto users betting on the outcome of the snap election to determine Canada’s next prime minister appear to be favoring a Liberal Party victory as residents head to cast their votes.As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal Party candidate Mark Carney a 79% chance of defeating Conservative Party candidate Pierre Poilievre in the race to become the country’s next PM. Data from the platform showed users had poured more than $75…
The streets of Lisbon are “calm and serene,” the mayor said, but the Portuguese capital is still dealing with a host of challenges following a widespread power outages. “The information that I have right now, it will be another 6 or 7 hours, but I’m counting that overnight, probably, the situation will not be solved,” Lisbon Mayor Carlos Moedas told CNN of the status of restoring power, with nightfall approaching. The head of Portugal’s electricity grid operator also said energy is expected to be restored “within five to six hours.” João Faria Conceição, of Rede Electrica Nacional (REN), said Porto,…
Multiple WWE 2K25 fans have reported a frustrating count out glitch that’s been affecting their matches. Released just last March of this year, WWE 2K25 offers new experiences, like The Island. The game’s roster features over 300 WWE superstars and counting. The WWE 2K franchise allows fans to experience different match types and build up their personalized wrestlers to become the company’s top star. WWE 2K25’s Showcase Mode also gives them a chance to relive iconic moments in wrestling, like Rocky Maivia (aka The Rock) vs. Hunter Hearst Helmsley (aka Triple H) in 1997 and The OG Bloodline vs. The…
News about Android is being relegated to a side show at Google’s annual developer conference, Google I/O, next month. On Monday, the company announced it would share information about the latest updates coming to the Android ecosystem at an upcoming virtual event called “The Android Show: I/O Edition,” airing on May 13. The decision to move the Android portion of Google I/O to its own separate event ahead of the start of I/O suggests this year’s developer conference could be even more AI heavy than usual. AI news and updates were already taking up an increasingly longer portion of the…
What to know:Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high.BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps.The blockchain’s weakest point is its revenue, which still lags compared to competitors.Altcoin price action has been underwhelming for much of the 2023-2026 cycle, pushing many crypto traders to focus primarily on Bitcoin. However, with moderate optimism returning to the markets, a closer look reveals that not all altcoins are struggling. In fact, the total altcoin…
What to know:Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high.BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps.The blockchain’s weakest point is its revenue, which still lags compared to competitors.Altcoin price action has been underwhelming for much of the 2023-2026 cycle, pushing many crypto traders to focus primarily on Bitcoin. However, with moderate optimism returning to the markets, a closer look reveals that not all altcoins are struggling. In fact, the total altcoin…