News
De Fi United Commits 69, 642 ETH to Aave Rescue After Kelp DAO Hack
56+ min ago (231+ words) Major decentralized finance players have joined an Aave rescue plan in a coordinated response to the fallout from the Kelp DAO hack. Lookonchain, an on-chain data platform, said on April 25 that 14 projects and individual contributors had joined De Fi United…...
Ape Coin Jumps 80% on Yuga Labs CEO Change, Sparking Insider Trading Suspicion
9+ hour, 50+ min ago (213+ words) Ape Coin surged nearly 80% after Yuga Labs announced a new chief executive officer, with the sharp rally also prompting insider trading suspicions after a large leveraged long position surfaced just before the move. As of April 25, Ape Coin was trading…...
NYT Says Musk Borrowed $500 Million From Space X, Tapped Firm to Aid Tesla, Solar City
5+ hour, 7+ min ago (254+ words) Elon Musk borrowed billions of won in his personal capacity from Space X, the aerospace company he runs, and also used the company's funds to support affiliated businesses facing financial strain, the New York Times reported. The newspaper said on…...
Bitcoin Spot Buying Regains Upper Hand, but Short-Term Breakout Still Elusive
4+ hour, 14+ min ago (170+ words) Buying pressure is gradually regaining the upper hand in Bitcoin's spot market, according to a Crypto Quant analysis. Still, analysts say it is too early to call a full trend reversal. On April 25, Crypto Quant analyst Ray wrote in a…...
Space X Seeks $75 Billion IPO, Sparking Concern Over Crypto Liquidity Drain
5+ hour, 20+ min ago (358+ words) A planned blockbuster initial public offering by Space X is fueling concern that it could draw liquidity away from the cryptocurrency market. A wave of listings by technology and artificial intelligence companies could also alter money flows across risk assets....
Indonesia Official Retracts Remarks on Possible Malacca Strait Tolls After Backlash
6+ hour, 49+ min ago (320+ words) An Indonesian official has withdrawn remarks that stirred controversy by suggesting the Malacca Strait, one of the world's busiest maritime routes, might need measures similar to Iran's tolls on ships transiting the Strait of Hormuz. Purbaya Yudhi Sadewa, head of…...
Iran Says It Never Sought Direct Talks With US, Alleges Washington Is Using Mediators
17+ hour, 38+ min ago (108+ words) Iran denied reports about negotiations with the US and reaffirmed its existing position, adding to confusion over whether talks will take place. Walter Bloomberg reported on April 24 that Iran said it had never requested direct negotiations with the US. Instead,…...
US Spot-Bitcoin ETFs Record $14. 47 Million of Net Inflows
8+ hour, 8+ min ago (158+ words) All 12 U. S. **spot-Bitcoin ETFs** recorded combined **net inflows of $14. 47 million**, marking a ninth straight trading day of inflows. Most of the money was concentrated in **Black Rock (IBIT)** and **Morgan Stanley (MSBT)**, which drew inflows of $22. 9 million and $11. 13 million, respectively. **ARK…...
US Spot XRP ETFs Draw $6. 44 Million, Lifting Cumulative Inflows to $1. 29 Billion
10+ hour, 14+ min ago (131+ words) US spot XRP exchange-traded funds extended their streak of net inflows. Data from So So Value show the five US spot XRP ETFs posted combined net inflows of $6. 44 million on April 24. Cumulative net inflows climbed to $1. 29 billion. All of the…...
Warsh's Hawkish Remarks Fuel Bets Fed Will Hold Rates Through September 2027
13+ hour, 43+ min ago (227+ words) Markets are betting the Federal Reserve will keep its benchmark interest rate unchanged through at least September 2027. The view gained traction after Kevin Warsh, President Donald Trump's nominee for Fed chair, stressed monetary-policy independence and struck a hawkish tone. According…...