Crypto News
Dao5 Closes $222 Million Funding Round to Shape Institutional Interest in Crypto
The crypto investment firm's latest raise brings its assets under management to roughly $550 million. Source link
Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million
Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistentSource link
ETF Momentum Breaks: Bitcoin and Ether Funds Record Net Outflows After Strong Run
After more than a week of uninterrupted gains, both bitcoin and ether ETFs saw net outflows on Wednesday, April 30. Bitcoin ETFs lost $56 million, while ether ETFs gave back $2.36 million, pausing the recent bullish streak. Bitcoin ETFs See $56M Outflow, Snapping 8-Day Inflow Streak As Ether ETFs Slip Too The inflow party tookSource link
CIA Deputy Director Calls Bitcoin ‘Another Tool’ in Fight Against China
Michael Ellis thinks Bitcoin and crypto is here to stay, calling the wider adoption of the crypto “a great trend.”Source link
Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?
Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty. SOL has shown impressive recovery strength, climbing 8% from its April 30 low of $140 to around $152, with daily trading volume jumping 35% over 24 hours. This resilience comes as US-China trade relations deteriorate, creating ripple effects across traditional and digital asset markets.The move comes as the broader market gauge CoinDesk 20 Index, climbed about 4% on Thursday. Technical Analysis HighlightsSOL recovered from a significant 7.4% correction on April 30, dropping from 148.03 to 140.63 before reaching new period highs at 152.69.Overall trading range of 12.04 points (8.3%) showcases volatility, with strong support established at 140.65. Volume...