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Babylon Labs has seen its total value locked (TVL) drop by 32%, following the unstaking of $1.26 billion in Bitcoin from its platform. On April 17, blockchain analytics firm Lookonchain flagged several addresses involved in the withdrawals, totaling 14,929 BTC. The majority of the unstaked Bitcoin, about 13,129 BTC, valued at roughly $1.1 billion, came from one address. This significant movement of funds caused Babylon’s TVL to fall from $3.97 billion to $2.68 billion. The unstaking coincided with Babylon’s recent airdrop on April 3, where it distributed 600 million BABY tokens to early adopters, including Phase 1 stakers, NFT holders,…

Funds focused on the VIX, the stock market’s so-called fear gauge, aren’t designed for novice investors, but can minimize losses if Trump’s next announcement sends stocks crashing. In a year when the stock market has primarily been driven by the whims of President Donald Trump’s tariff policies and social media posts, it’s even harder than usual to forecast whether the market will move up or down in the next week, or even day.In a year where the stock market has primarily been driven by the whims of President Donald Trump’s tariff policies and social media posts, it’s even harder than…

Bitcoin’s price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty. The stability comes as the cryptocurrency market grapples with the economic effects of U.S. President Trump’s tariffs. The World Trade Organization has warned that these tariffs could slow global growth, adding more uncertainty to the markets. The Federal Reserve’s reluctance to cut interest rates has also been a factor, with Chair Jerome Powell noting that the full impact of the tariffs is still unclear, making it too soon for the Fed to adjust its policies. Despite Bitcoin’s price stability, analysts expect occasional dips…

Washington/New York CNN  —  President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to say the central banker’s “termination can’t come fast enough” and saying in an Oval Office event that Powell will “be out of there real fast” if he wants. While many experts say the president does not in fact have the power to fire the Fed chief due to policy differences, Trump has made clear he’s willing to break with norms and precedent, even in the face of potentially monumental repercussions. Regardless, the leading contender to…

Bitcoin’s (CRYPTO: BTC) long-term track record is unbelievable. In the past 10 years, the world’s top cryptocurrency has seen its price soar 37,000%. This means that a $10,000 investment made back in April 2015 would be worth an eye-popping $3.7 million today. But there has been a lot of volatility along the way, to say the least. This is happening right now. Bitcoin currently trades more than 20% below its peak, as macro concerns propel risk-off sentiment from investors. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue…

ISLAMABAD: Local player Nadir Mirza set up a ITF World Juniors Tennis Championship final date with Japan’s Takaya Ishi after beating compatriot Abubakar Talha 7-5, 6-1 in the boys’ singles semi-final here at the PTF Tennis Complex on Thursday. Ishi, in the other semi-final, got the better of Kazakhstan’s Rodion Likashov 6-1, 6-4. In the girls’ singles semi-finals, Kazakhstan’s Alissa Korolyova overcame compatriot Yelizaveta Slepchenko 6-3, 5-7, 6-2. Meanwhile, Saudi Arabia’s Haniya Aman Minhas secured a convincing 6-2, 6-1 win against Turkey’s Serife Pelin Sari to book her spot in the final. In the boys’ doubles quarter-finals, China’s Yuxuan Li…

As traditional markets take a pause for Good Friday on April 18, global stock exchanges across the U.S. and Europe will remain closed—but the crypto markets won’t sleep. Unlike equities, which operate on fixed hours and take holidays off, cryptocurrencies trade 24/7, including weekends and public holidays. This constant access is a core feature of the crypto economy, offering investors flexibility, liquidity, and real-time market exposure no matter the calendar date. During times of both macroeconomic and geopolitical uncertainty, such as the present U.S.-China tariff dispute, crypto markets offer a continuously available venue for price discovery and portfolio diversification. Traders…

A new study predicts that Bitcoin could hit $1 million as early as 2027 as a result of daily withdrawals from liquid supply exceeding 1,000 BTC. The model is based on economic fundamentals and describes a setting whereby institutional accumulation is increasing and supply is contracting quickly—driving prices at an increasingly rapid rate. Published in the Journal of Risk and Financial Management, the study named ‘A Supply and Demand Framework for Bitcoin Price Forecasting’ uses a supply and demand equilibrium model built specifically off of Bitcoin’s fixed issuance schedule. Unlike traditional commodities, Bitcoin is particularly vulnerable to supply shocks because…

By Pritam Biswas and Ateev Bhandari (Reuters) – Kraken, one of the world’s largest cryptocurrency exchanges, is reorganizing its workforce by reducing some positions and consolidating teams where redundancies exist, while continuing to hire in key areas, a company spokesperson said on Thursday. “We continuously evaluate our workforce to ensure it aligns with our strategic priorities,” the spokesperson said. Last year, Kraken appointed Arjun Sethi as co-CEO and announced a 15% reduction in its workforce, impacting about 400 employees. This follows the U.S. Securities and Exchange Commission’s dismissal of a civil lawsuit in March, which had accused Kraken of operating…

Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors. Markets dipped on Wednesday after hawkish comments from Powell, who criticized Trump’s tariffs policy, saying that it would likely result in a slowing economy and rising prices — what economists call “stagflation.” In his remarks, Powell made clear his larger focus for now would be on prices, suggesting tighter Fed policy than otherwise thought. Trump — who nominated the former investment banker and lawyer as Fed chair during his first…