News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
This week’s crypto news covers Pi Network’s integration with Chainlink, Mantra’s OM token crash, Grayscale’s altcoin update, and rumors surrounding XRP and SWIFT. A weakening US dollar also boosts Bitcoin’s price.
US Treasury plans to issue over $31 trillion in bonds this year—around 109% of GDP and 144% of M2. This would be the highest recorded level of bond issuance in history. How will it impact the crypto market? Heavy supply may push yields higher, as Treasury financing needs outstrip demand. Higher yields increase the opportunity …
Crypto whales showed increased interest in Cardano (ADA), ApeCoin (APE), and Toncoin (TON) in mid-April 2025, hinting at a possible market rebound as they accumulate these altcoins.
- 09:32An address liquidated 9 million SPX worth approximately $3.88 million over the past 3 daysAccording to monitoring by on-chain analyst Onchain Lens, a crypto KOL oxvyz(@oxvyz) has completely sold 9 million SPX in the past 3 days for a total amount of $3.88 million, with an average selling price of $0.432 per SPX.
- 09:31Gibraltar Court Ends Two-Month Freeze on 542 Million PLAY Tokens in Legal DisputeThe Gibraltar Supreme Court recently lifted the freeze on 542 million PLAY tokens involved in a legal dispute between two affiliates of the Web3 gaming platform PLAY Network. Judge John Restano ruled on April 17 that continuing the freeze could damage the value of the tokens and that the plaintiff's evidence was insufficient. These tokens make up about two-thirds of the circulating supply and are currently valued at approximately $2.6 million, but have plummeted 97% since their listing in December last year.
- 09:31CryptoQuant: The selling pressure in the current market is still strong, and the rise driven by derivatives usually lacks sustainabilityCryptoQuant analyst Darkfost pointed out that the current market has seen the largest scale of growth in open contracts in 24 hours recently. Historically, derivatives-driven rises often lack sustainability. During the strong bull market stages in November and December 2024, open contract volumes grew by 16% and 15% respectively, with positive momentum from the spot market strongly supported by active trading on the derivatives market. However, this time prices only rose by 4.2%, while similar past events led to price increases of 10% and 7%. This difference suggests that there is still strong selling pressure in the current market.