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Gold Forecasted to $6,000, Bitcoin to Reach $150,000
Frank Holmes, CEO of U.S. Global Investors, predicts gold could reach $6,000/ounce and Bitcoin could rise to $120,000 โ $150,000 thanks to tariff policies.
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors in San Antonio, has just made a bold forecast about the price of gold and Bitcoin in an interview with Kitco News this week. According to Holmes, gold could rise to $6,000 per ounce during Donald Trump's second term, mainly due to the anticipated strong tariff policies that will weaken the USD.
Bitcoin Recovers to $94,000 After Saylor's 'Buying Spree'
Bitcoin has recovered to the $94,000 mark after Strategy, under the leadership of Michael Saylor, purchased an additional 15,355 BTC, worth approximately $1.42 billion.
Bitcoin has just recovered back to the $94,000 level after a slight correction over the past weekend down to around $92,000, partly driven by the announcement of significant additional Bitcoin purchases from Michael Saylor's company, Strategy. On Monday, Strategy announced the addition of 15,355 BTC with a total value of approximately $1.42 billion, at an average price of $92,737 per BTC.
Bitcoin and Ethereum ETFs Shine with Consecutive Inflow Sessions
Bitcoin and Ethereum ETFs reported strong inflows, reaching $380 million and $104 million respectively, indicating that optimistic sentiment is returning to the crypto market.
Bitcoin ETFs attracted an additional $380 million with BlackRock leading, while Ethereum ETFs recorded their best trading day in months with $104 million in new capital, with no funds reporting outflows.
Bitcoin and Ethereum exchange-traded funds (ETFs) wrapped up the trading week on Friday, April 25, with a significant amount of capital flowing in, demonstrating the growing positive sentiment among crypto investors. Bitcoin ETFs recorded $379.99 million in net inflows, continuing a streak of strong momentum days.
CoinShares: Digital Asset Funds Record Inflows of $3.4 Billion
Digital asset funds recorded inflows of $3.4 billion in one week, the third highest in history, with Bitcoin and Ethereum leading the trend.
According to the latest fund flow report from CoinShares, digital asset investment products recorded a strong inflow of $3.4 billion last week, marking the third largest inflow week in history. This increase occurs amidst a backdrop of investors increasingly viewing cryptocurrencies as a safe haven against prolonged concerns over tariffs and escalating trade tensions.
Lombard and Eigenlayer Collaborate to Bring Bitcoin Restaking to ETH
Lombard and Eigenlayer integrate Bitcoin into the Eigenlayer restaking ecosystem on Ethereum, creating new profit-making opportunities for BTC holders.
Lombard has just announced an official partnership with Eigenlayer and the Eigen Foundation to integrate Bitcoin into the Eigenlayer restaking ecosystem. This is the first time Bitcoin, through Lombard's LBTC token, has been used as collateral for decentralized finance (DeFi) services on Ethereum.
Tether Gold (XAUT) Backed by Over 7.7 Tons of Real Gold
Tether announces an independent confirmation report, affirming that over 7.7 tons of real gold back the XAUT token, equivalent to a 1:1 ratio between the token and physical gold.
Tether Holdings has just published the Q1/2025 asset confirmation report for Tether Gold (XAUT), affirming that over 7.7 tons of physical gold fully back the circulating tokens. According to a report conducted by BDO Italia S.p.A., as of March 31, 2025, a total of 246,524.33 troy ounces of pure gold are being held in storage in Switzerland.
Stacks Asia Promotes Bitcoin Layer 2 Innovation at ADGM
Stacks Asia DLT Foundation registers operations at ADGM, aiming to develop Layer 2 Bitcoin solutions and expand Bitcoin applications in the Middle East and Asia.
Stacks Asia DLT Foundation has officially registered operations at Abu Dhabi Global Market (ADGM), marking a milestone as the first Bitcoin-based foundational organization to establish a presence in this international financial center.
According to the announcement shared with Bitcoin.com News, this move aims to support the development and promotion of layer 2 (L2) Bitcoin solutions in the Middle East and Asia. By leveraging ADGM's regulatory framework for distributed ledger technology (DLT), the organization plans to collaborate with regional partners to enhance Bitcoin's programmability.
Standard Chartered: Bitcoin Will Reach $200,000 by the End of the Year
Standard Chartered predicts Bitcoin will soar to $120,000 by summer and reach $200,000 by the end of 2025, due to capital flowing away from U.S. assets.
Standard Chartered, the London-based international bank, continues to maintain a strong growth forecast for Bitcoin in 2025. According to a research report just released on Monday, Mr. Geoffrey Kendrick, Head of Digital Asset Research at the bank, asserts that Bitcoin will reach the milestone of $200,000 by the end of this year.
Nasdaq Proposes New Legal Framework for Digital Assets
Nasdaq proposes a legal framework for digital assets to the SEC, aiming to integrate crypto into the U.S. capital market, protect investors, and promote innovation.
The leading technology stock exchange Nasdaq has just submitted a comprehensive legal framework proposal to the U.S. Securities and Exchange Commission (SEC) to integrate digital assets into the existing financial system without impacting investor protection mechanisms.
Monero Surges After Bitcoin Money Laundering Suspicion of $330 Million
The price of Monero (XMR) surged 50% on April 28th, after renowned on-chain investigator ZachXBT uncovered a suspicious Bitcoin money laundering case worth approximately $330.7 million.
According to ZachXBT, a large transaction, equivalent to 3,520 BTC, was made from the wallet of a potential victim to a new address (bc1qcryโฆvz55g). Shortly thereafter, the entire amount of Bitcoin was dispersed through at least six instant exchanges and converted into Monero (XMR) โ the cryptocurrency known for its high privacy security.
Tether Gold (XAUT) and Paxos Gold (PAXG) increased by about 7% in the past month, reaching historical peaks as investors sought safe-haven assets.
The value of gold-backed cryptocurrencies has seen a significant rise in the past month as global investors sought safe-haven assets amid escalating trade and geopolitical instability. This momentum was further fueled after U.S. President Donald Trump announced a series of new tariffs on April 2, increasing defensive sentiment across both traditional financial markets and digital assets.
Loopscale Suspends Lending After 5.8 Million USD Attack
The DeFi protocol Loopscale suspended lending after a 5.8 million USD attack on Solana restored some operations, but many features remain limited during the investigation.
Loopscale, a decentralized finance (DeFi) protocol built on the Solana network, had to suspend lending market activities after being attacked by hackers with estimated damages of around 5.8 million USD.
According to Mary Gooneratne, co-founder of the platform, on April 26, an attacker withdrew about 5.7 million USDC and 1,200 Solana (SOL) from the protocol by executing 'a series of uncollateralized loans'.
New Fee Structure for Ethereum Amid Competitive Pressure
The dynamic fee model uses a square root function to balance revenue and fairness in the Ethereum ecosystem.
In the context of Ethereum facing challenges regarding transaction fee revenue, two community members, Kevin Owocki and Devansh Mehta, have proposed a new dynamic fee structure for the application layer, aimed at balancing revenue generation for developers and ensuring fairness in the ecosystem.
The proposal on April 27 introduces a formula using a square root function to reduce the fee rate exponentially as the funding for a project increases. "For small grants, the fee will follow the square root function (sqrt(1000 x N)), providing relatively higher returns," Owocki and Mehta explain.
Tax Regulations That Digital Nomads Need to Know in 2025
The strong rise of cryptocurrency and the popularity of remote working models have driven the rapid increase in the number of digital nomads โ those digital nomadic workers โ globally. According to a survey from the Flatio platform, the majority of digital nomads today are U.S. citizens.
Another study noted that in 2021, the number of Americans pursuing this lifestyle increased by 42%, reaching 15.5 million people, and continued to rise to 16.9 million in 2022, equivalent to a 131% growth compared to the pre-pandemic period. The Digital Nomad Outlook 2025 report predicts that 43% of American digital nomads will live abroad for at least six months each year.
El Salvador Purchases More Bitcoin While Maintaining Compliance with IMF
El Salvador continues to invest in BTC but remains compliant with the terms of the $1.4 billion loan.
El Salvador continues to buy Bitcoin despite previously signing an agreement with the International Monetary Fund (IMF) that includes a clause requiring the cessation of cryptocurrency accumulation. According to blockchain data from the Bitcoin Office of El Salvador, this national treasury has purchased an additional 7 Bitcoins worth approximately $650,000 over a seven-day period ending April 27.
Ghana Will Regulate Cryptocurrency Activities Starting September 2025
Ghana establishes a dedicated digital asset unit, marking a significant shift from the prohibitive stance of 2018 to a more progressive regulatory model.
The Governor of the Bank of Ghana (BOG), Mr. Johnson Asiama, has just announced plans to begin regulating cryptocurrency activities and related platforms by the end of September 2025. A prerequisite for this implementation is that the Ghanaian Parliament must pass the Virtual Asset Providers Act.
Grayscale Urges SEC to Approve Staking for Ethereum ETF
Grayscale calls on the SEC to allow ETH ETF staking, arguing that this will provide investment benefits, enhance network security, and attract capital inflows into crypto.
Grayscale Investments met with the SEC's Crypto Task Force on April 21 in Washington D.C. to advocate for the expansion of staking regulations for Ethereum ETF funds. The company submitted a request to amend the Form 19b-4 filing related to the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) to allow these two funds to participate in staking.
The total market capitalization of stablecoins increased by $4.58 billion last week, reaching $239.108 billion, reflecting the growing importance of stablecoins in the crypto ecosystem.
The stablecoin market has witnessed impressive growth over the past week, adding $4.581 billion to the total market cap and bringing the entire market closer to the $240 billion milestone. According to data from defillama.com, as of Sunday (April 27, 2025), the total value of the stablecoin sector has reached $239.108 billion, an increase of 1.96% compared to the previous week, and is just $892 million short of hitting the $240 billion mark.
BlackRock's IBIT fund is nearing the milestone of 600,000 BTC, amid a strong influx of capital into spot Bitcoin ETFs in the U.S.
Spot Bitcoin ETFs in the United States continue to attract impressive investment capital with 3.06 billion USD in the past week, pushing the total capital raised since their launch in January 2024 to 38.43 billion USD. Among them, BlackRock's iShares Bitcoin Trust (IBIT) is leading and is close to the historic milestone of 600,000 BTC.