News

AI Coins Rebound as OpenAI’s $40B Raise Sparks Fresh Momentum

Coins Legend April 1, 2025 0

Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan’s Softbank, Microsoft, and other investors. With this latest round, OpenAI’s valuation now stands at $300 billion. OpenAI’s $40B Funding Round Lifts AI

News

Bitcoin ETFs Face $71 Million Exit Amid Tariff Concerns as Ether ETFs Gain $6 Million

Coins Legend April 1, 2025 0

Bitcoin ETFs saw a $71 million outflow to start the week, extending Friday’s losses, while ether ETFs added $6.42 million in inflows. Investors may be reacting to economic concerns, including upcoming tariffs from President Trump. Bitcoin ETF Outflows Continue as Investors React to Market Uncertainty Bitcoin ETFs stumbled into the new week, shedding $71.07 million […]

News

Stocks and Crypto Markets Rally Ahead of Trump’s ‘Liberation Day’ Tariff Reveal

Coins Legend April 1, 2025 0

The crypto economy climbed Tuesday, mirroring gains in equities, as markets moved in anticipation of President Donald Trump’s tariff blueprint, an event many have dubbed “Liberation Day.” Wall Street and Crypto Align Ahead of April 2 Trade Shake-Up Each time Trump introduced a new tariff idea during his tenure as the 47th U.S. president, financial […]

News

Tether Bought 8,888 BTC and Now Holds $7.8B in Bitcoin

Coins Legend April 1, 2025 0

The world’s largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether’s primary bitcoin wallet on March 31st. The […]

News

$10.1B Floods Into Stablecoins in March — Sector Sees Major Capital Inflow

Coins Legend April 1, 2025 0

The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning of the year with an infusion of $31.590 billion. March alone accounted for […]

News

Bitcoin Climbs to $85K as Institutional Players Go on a Buying Spree

Coins Legend April 1, 2025 0

The leading digital asset continued its ascent as companies such as stablecoin behemoth Tether revealed billions worth of BTC on the books. BTC Reclaims $85k As Bullish Firms Go Shopping The world’s largest stablecoin firm revealed on April 1 that it had acquired 8,888 BTC during the first quarter of 2025 and now holds nearly […]

News

Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings 

Coins Legend April 1, 2025 0

March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from its early March benchmark. Hashprice’s 3.93% Slide Meets 862 EH/s Frenzy Fresh data collected on April 1, 2025, via hashrateindex.com, illustrates a

News

LBank Q1 Report Highlights $4B Trading Volume and 20% Surge in Traffic

Coins Legend April 1, 2025 0

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, April 1, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, has released its Q1 2025 Performance Report, showcasing record-breaking trading volume, robust product growth, and major security enhancements as it solidifies its position as a global leader in digital asset trading. LBank’s

News

XRP Price Analysis: Bulls Eye $2.20 Breakout Amid Choppy Action

Coins Legend April 1, 2025 0

The current trading environment for XRP reflects consolidation within a cautious downtrend, with prices anchored at $2.12 to $2.135 amid a 24-hour trading range of $2.07 to $2.19, underpinned by a $123 billion market cap and $4.18 billion in trading volume. XRP On the 1-hour chart, XRP displays choppy price action with a recent lower […]

News

Brazil Bans Retirement Funds From Investing in Cryptocurrency

Coins Legend April 1, 2025 0

The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and risk characteristics” in a resolution issued on March 27. Brazil Prohibits Pension Funds’ Investments in Cryptocurrency and Bitcoin Brazil has taken another