23 Apr 2025

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Breaking News

Stay ahead of the curve with The Coinomist’s breaking news coverage. From major market shifts to regulatory updates and industry-defining announcements, we deliver the critical information you need, fast and accurate. Be the first to know about the stories shaping the world of cryptocurrency, business, investing, and Web3.

BlackRock Adds Its Spot Bitcoin ETF to Model Portfolio

BlackRock Adds Its Spot Bitcoin ETF to Model Portfolio

BlackRock, a global asset management giant, has officially integrated its spot Bitcoin ETF (IBIT) into its model portfolio for financial advisors. This decision could serve as a key catalyst for boosting investor interest in IBIT.

Dmytro Psevdonimenko
Trump to Host First-Ever White House Crypto Summit

Trump to Host First-Ever White House Crypto Summit

Next Friday, U.S. President Donald Trump will host the first White House Crypto Summit, bringing together top industry leaders, experts, and government officials shaping crypto regulations.

Anton Kryshtal
Kyle Chasse: Bitcoin Will Remain Volatile Without Real Investors

Kyle Chasse: Bitcoin Will Remain Volatile Without Real Investors

Kyle Chasse, founder of Master Ventures, argues that Bitcoin volatility will persist until the crypto market sees more long-term investors, not just hedge funds using Bitcoin for short-term speculation.

Anton Kryshtal
THORChain Crisis: Core Developer Resigns Over Lazarus Group Ties

THORChain Crisis: Core Developer Resigns Over Lazarus Group Ties

THORChain’s decentralized exchange is under fire after a vote to suspend Ethereum trading was revoked, prompting core developer Pluto (9R) to walk away from the project.

Anton Kryshtal
Pi Network Price Rise—75% Surge Sparks Frenzy

Pi Network Price Rise—75% Surge Sparks Frenzy

In just one day, Pi Network (PI) price has climbed over 75%, approaching $3 as excitement grows over a potential Binance listing.

Anton Kryshtal
Bitcoin Is Down, But Are There Any Sellers Left?

Bitcoin Is Down, But Are There Any Sellers Left?

Andre Dragosch, Head of Research at Bitwise Europe, notes that Bitcoin’s blockchain data points to a sharp decline in selling pressure after the latest market dip.

The Coinomist
Bitcoin ETFs Face Historic Sell-Off—$938M Pulled in a Day

Bitcoin ETFs Face Historic Sell-Off—$938M Pulled in a Day

CoinGlass data confirms the largest-ever single-day outflow from Bitcoin ETFs, with $938 million in investor withdrawals shaking the market.

The Coinomist
Sam Bankman-Fried Breaks Silence on X

Sam Bankman-Fried Breaks Silence on X

Prison walls aren’t stopping Sam Bankman-Fried (SBF) from posting. The FTX founder took to X with an unexpected 10-post thread about government layoffs, leaving many scratching their heads.

The Coinomist
Is the U.S. Cutting Off Stablecoin Issuers from Treasury Bonds?

Is the U.S. Cutting Off Stablecoin Issuers from Treasury Bonds?

Framework Ventures’ co-founder Vance Spencer believes that a new crypto law in Washington, D.C. is likely to block international stablecoin issuers from purchasing U.S. Treasury bonds.

The Coinomist
Metaplanet Buys 135 BTC—Right Before Bitcoin’s Price Plunge

Metaplanet Buys 135 BTC—Right Before Bitcoin’s Price Plunge

Metaplanet purchased 135 BTC for $96,000 each—just before Bitcoin tumbled below $90,000. Was this strategic foresight or an expensive miscalculation?

The Coinomist
Pectra Update Stumbles—What’s Next for Ethereum’s Testnet?

Pectra Update Stumbles—What’s Next for Ethereum’s Testnet?

The Pectra upgrade was activated on the Holesky testnet on February 24, but unexpected transaction finalization issues now cast doubt on its effectiveness.

The Coinomist
BTC Crashes Below $88K—But Kraken Traders Are Buying Big

BTC Crashes Below $88K—But Kraken Traders Are Buying Big

Fresh data from Kraken shows a strong buying trend among BTC futures traders as Bitcoin tumbled below $88,000.

The Coinomist
Bitcoin Crashes Below $87K—What’s Triggering the Crypto Market Sell-Off?

Bitcoin Crashes Below $87K—What’s Triggering the Crypto Market Sell-Off?

Another sharp decline has shaken the crypto market. On February 25, Bitcoin fell below $87,000, Ethereum dipped under $2,400, and Solana dropped beneath $140. Is this just short-term volatility or a sign of a deeper downturn?

The Coinomist
Ye (Kanye West) and Crypto Chaos—What’s Behind Swasticoin?

Ye (Kanye West) and Crypto Chaos—What’s Behind Swasticoin?

The crypto world is buzzing after Ye’s latest social media posts. On Saturday, the rapper-turned-entrepreneur made waves by claiming he’s launching Swasticoin, a meme token that has already sparked heated debate. What’s really going on?

The Coinomist
10x Research: The Bitcoin ETF Market—56% Is Arbitrage

10x Research: The Bitcoin ETF Market—56% Is Arbitrage

10x Research’s Markus Thielen reports that just 44% of U.S. spot Bitcoin ETF purchases are for long-term investment, raising questions about institutional strategies.

The Coinomist
Bybit Replenishes ETH Reserves After Hack, Ethereum Prices Surge

Bybit Replenishes ETH Reserves After Hack, Ethereum Prices Surge

After suffering a massive hack with losses estimated at $1.46 billion—the largest in crypto history—Bybit is now actively restoring its ETH balance. This recovery effort is believed to be contributing to the recent rise in Ethereum prices.

The Coinomist
Bybit Reserves Cover Liabilities Despite $4.3B Withdrawals

Bybit Reserves Cover Liabilities Despite $4.3B Withdrawals

After the largest hack in its history, Bybit users withdrew over $4.3 billion within days. Despite this, the exchange’s reserves continue to exceed its liabilities.

The Coinomist
NFTs Aren’t Securities? SEC Withdraws in the OpenSea Case

NFTs Aren’t Securities? SEC Withdraws in the OpenSea Case

The U.S. SEC has terminated its investigation into the OpenSea NFT marketplace.

The Coinomist
Bybit at the Center of the Largest Crypto Hack Ever – Losses Near $1.5 Billion

Bybit at the Center of the Largest Crypto Hack Ever – Losses Near $1.5 Billion

On 21 February 2025, the crypto exchange Bybit became the target of the biggest hack in history, with estimated losses reaching approximately $1.46 billion—a figure that far exceeds the $611 million Poly Network breach of 2021.

The Coinomist
Pi Token Crashes After Its Grand Debut

Pi Token Crashes After Its Grand Debut

Following its mainnet debut, the Pi Token issued by Pi Network experienced a significant decline exceeding 60%, in conjunction with fraud allegations from the CEO of crypto exchange Bybit, prompting an extensive industry review.

The Coinomist
Michael Barr Details the Fed’s Position Amid Crypto Debanking

Michael Barr Details the Fed’s Position Amid Crypto Debanking

On 21 February 2025, Federal Reserve Vice Chairman Michael Barr delivered an enlightening report that not only mapped out the central challenges of today’s financial system but also detailed the regulator’s measured perspective on the crypto industry.

The Coinomist
OpenSea Reclaims Its Throne – Market Share Climbs to 78.5%

OpenSea Reclaims Its Throne – Market Share Climbs to 78.5%

In a mere four weeks, OpenSea’s market share in the Ethereum NFT space has nearly tripled, now standing at 78.5%.

The Coinomist
Mask Network Announces Major Restructuring of MaskDAO

Mask Network Announces Major Restructuring of MaskDAO

On February 21, 2025, Mask Network, a decentralized social protocol, announced a major restructuring of its MaskDAO ecosystem.

The Coinomist
South Africa’s Altvest Capital Launches Bitcoin Reserve

South Africa’s Altvest Capital Launches Bitcoin Reserve

South African investment firm Altvest Capital has announced its venture into bitcoin, positioning itself as the first company on the continent to pursue this investment strategy.

The Coinomist
ECB Develops Payment Infrastructure on DLT

ECB Develops Payment Infrastructure on DLT

On Thursday, 20 February 2025, the European Central Bank (ECB) disclosed its plans to broaden its blockchain-based payment system, designed to facilitate digital settlements in central bank money, thereby advancing the frontier of digital currency integration..

The Coinomist
Crypto Talk on X Today: Barry Silbert vs. Pledditor, BTC Resistance & More

Crypto Talk on X Today: Barry Silbert vs. Pledditor, BTC Resistance & More

At the top of crypto discussions on X (Twitter) today are the spat between Barry Silbert and Pledditor, Bitcoin’s price resistance, Paul Atkins’ speech, and more.

Zora Network Reviewed: A Testnet Guide

Zora Network Reviewed: A Testnet Guide

Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.