May 6, 2025
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Crypto Resilience

Crypto casino revenue hit $81B in 2024 despite global restrictions

Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue

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Crypto Resilience

Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes

Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment

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Crypto Resilience

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures

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Crypto Resilience

Ethereum Foundation shifts focus to user experience, layer-1 scaling

The Ethereum Foundation, the nonprofit organization developing the Ethereum ecosystem, is shifting its focus to user experience and layer-1 scaling challenges following its March leadership reshuffle.  On April 21, the Ethereum Foundation co-executive director Tomasz Stańczak shared an X post detailing how the organization has changed since its change in leadership structure. Stańczak said the

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Crypto Resilience

US dollar goes 'no-bid' — 5 things to know in Bitcoin this week

Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal

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Crypto Resilience

Metaplanet tops $400M Bitcoin holdings with new $28M purchase

Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of

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Crypto Resilience

Crypto adoption will be driven by high-growth markets, with or without the US

Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit

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Crypto Resilience

Crypto vs. traditional stocks and bonds: What’s the difference?

Crypto, stocks and bonds: Are they the same? When you dive into investing, you’ll find three frequently utilized investment options: Crypto is the risky thrill-seeker’s choice, stocks offer a middle ground with growth potential, and bonds are for those who prefer a steadier, more predictable path.  While both stocks and crypto offer growth potential, regulation

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Crypto Resilience

Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg

A Synthetix spokesperson told Cointelegraph on April 18 that sUSD’s volatility was driven by “structural shifts” after the SIP-420 launch. 2081 Total views 1 Total shares Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD)

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Crypto Resilience

Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable

Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable.  In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6%

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