Strategy Boosts Its Holdings By Buying 6,556 Bitcoin
MicroStrategy’s subsidiary Strategy bought 6,556 BTC at an average price of $84.785 between April 14-20, 2025. The total investment reached $555.8 million. The company’s Bitcoin holdings have thus expanded even further.
USDC Treasury Prints 250 Million New USDCs on the Solana Chain
According to Whale Alert, USDC Treasury has issued $250 million in new USDC on the Solana blockchain. This step aims to increase USDC’s liquidity and use cases on Solana.
Tether Destroys 1.5 billion USDT on Ethereum Network
According to Whale Alert data, Tether Treasury has removed approximately $1.5 billion worth of USDT tokens from circulation on the Ethereum network. This process is considered as a burning process to ensure the supply balance.
Telegram Founder Durov: I Withdraw from the Market for Encryption, I Don’t Use Backdoors
Telegram founder Pavel Durov criticized France’s proposed anti-encryption bill. The law, which would require apps to install backdoors, was rejected by the French National Assembly, but was brought back to the agenda with the Paris Police Chief’s recent statement of support. Durov said he may shut down Telegram if the “backdoor” requirement goes into effect.
Solana Briefly Leaves Ethereum Behind in Staking Value
Solana briefly surpassed Ethereum in staking on April 20th. SOL’s total staked value reached $53.9 billion, surpassing Ethereum’s $53.7 billion on the same day. However, this dominance was short-lived; Ethereum took the lead again with $56 billion.
BNB Chain Tops Active USDT Addresses
In the last month, the number of active USDT addresses on BNB Chain has exceeded 12 million, ranking first among all chains. This data shows that BNB Chain has become the most preferred network for USDT transactions.
by Darkex Research – 1 min read
