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Showing posts from April, 2025

Here’s how much Michael Saylor’s Strategy lost on crypto in Q1 2025

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Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, has reported unrealized losses on its cryptocurrency haul for the first three months of 2025, coinciding with the company’s continued spree of accumulating Bitcoin. In a Monday, April 7 filing with the Securities and Exchange Commission (SEC), the firm disclosed $5.91 billion in unrealized digital asset losses, primarily tied to its massive Bitcoin treasury. The Michael Saylor-led firm stated that the losses are partially offset by $1.69 billion in income-tax benefits. “Our unrealized loss on digital assets for the quarter ended March 31, 2025, was $5.91 billion, which we expect will result in a net loss for the quarter ended March 31, 2025, partially offset by a related income tax benefit of $1.69 billion,” the company stated.  Bitcoin’s challenging period  The announcement comes during a challenging stretch for Bitcoin (BTC), which has dropped below the $80,000 support level. BTC was t...

Solana Jumps in Price After PayPal and Venmo Roll Out Support for SOL and Chainlink (LINK)

Solana defied the crypto market doldrums and surged by more than 5% on Friday after the retail payment giants PayPal and Venmo rolled out support for SOL. PayPal announced on Friday that users of both payment platforms could now buy, sell, hold and transfer SOL and LINK, the native asset for the decentralized oracle platform Chainlink. LINK jumped by more than 1% on Friday and is trading at $13.00 at time of writing. Meanwhile, SOL rose from $117.15 to a high of $124 before closing the trading day at $122.78. By comparison, the overall crypto market cap dipped by nearly 1% in the past 24 hours and nearly 2% in the past week, per data from CoinGecko. Crypto prices have dropped as President Donald Trump’s new wave of tariffs rattles global markets. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on all imported goods entering the US, with the stated goal of protecting domestic manufacturing. He also issued a proclamation detai...

ASEAN Ready to Counter US Tariffs: Replacing US Dollar

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ASEAN local currencies trade initiatives are gaining significant momentum as Southeast Asian nations face brand new U.S. tariffs. The 10-nation bloc is actively accelerating plans to reduce dollar dependency and also promote native currencies for cross-border transactions. This strategy, which actually began developing several years ago, has suddenly gained new urgency following Donald Trump’s recent tariff announcement affecting regional trade integration and also forcing new ASEAN economic strategies to adapt at this time. Also Read: Shiba Inu: You Can Now Get 1 Million For $12 ASEAN’s Response to US Tariffs: A New Era of Regional Trade Cooperation Source: The Spectator Following Wednesday’s U.S. tariff announcement, experts are urgently calling for collective action from ASEAN nations—Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The U.S. tariffs impact varies quite significantly, from 49% for Cambodia to just 1...

Shiba Inu (SHIB) & Dogecoin (DOGE) Mid-April 2025 Price Forecast

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Shiba Inu (SHIB) and Dogecoin (DOGE) are both tokens that have lately been experiencing mellow price action. Both tokens are moving steadily despite the current market circumstances, unable to score new highs at the moment. However, DOGE and SHIB, both tokens, have been putting efforts to breach major price milestones as the market momentum shifts to accommodate new changes under Donald Trump’s regime. Will these two tokens be able to hit new highs this April? Let’s find out. Also Read: Gold Hits Record $3,167: How Trump’s Tariffs Are Fueling the Surge Shiba Inu Price Prediction for Mid-April Source: Watcher Guru Shiba Inu (SHIB) is putting in incredible efforts, despite the token’s mellow pace and slow market shifts at the moment. The token is currently sitting at $0.00001220, up 0.30% in the last 24 hours. In a feat, Shiba Inu’s Shibarium has completed 1 billion transactions in 19 months, hyping the community further to celebrate the aforementioned win. At the same time, w...

Amazon in Talks to Purchase TikTok

Amazon is reportedly in bidding talks to purchase the social media platform TikTok, sources tell the Wall Street Journal. The e-commerce giant has put in a last-minute bid to buy the social app as the latter nears an April deadline to separate from ByteDance. JUST IN: Amazon in talks to buy TikTok. pic.twitter.com/HBGh1JCWEL — Watcher.Guru (@WatcherGuru) April 2, 2025 The Chinese internet technology company has been threatened by the US to sell the company to a US-based company for months or else the app would be banned in the states. After a delay in that decision back in January, a new deadline is approaching for that sale to be executed, and Amazon is reportedly a late contender. Various parties involved in the talks do not appear to be taking Amazon’s bid seriously, the sources tell NYT. The bid came via an offer letter addressed to Vice President JD Vance and Howard Lutnick, the commerce secretary, according to a person briefed on the matter. Policymakers have often expressed secu...

Coinbase employee may have accessed user data for phishing

Coinbase revealed that one of its employees may have illegally accessed the records of various users and broken internal company policy in the process, according to a screenshot shared by the co-founder of The Block, Mike Dudas, detailing an email sent to him by Coinbase.  The email warned about scammers claiming to be from the exchange and stated that Coinbase would never ask you to transfer your funds or manipulate them.  However, it also let Dudas know that one of its employees may have accessed his data. It claimed, “We detected activity suggesting a Coinbase employee may have reviewed a small number of Coinbase customer accounts records, including yours, in a way that did not align with our internal policies.” that explains the fake @coinbase phishing emails and phone calls today pic.twitter.com/7x6gm3aWI6 — Mike Dudas (@mdudas) April 1, 2025 Read more: Coinbase restrictions almost ruined crypto trader’s wedding In response to Dudas sharing th...