EVENING NEWS – April 28, 2025
MicroStrategy Increased Its Holdings by 15,355 Bitcoin Between April 21 and 27
MicroStrategy reported that it purchased 15,355 Bitcoin at an average price of $92,737 between April 21 and 27, 2025, for a total expenditure of approximately $1.42 billion.
US Congress Aims to Complete Crypto Legislation Before August
Congress members have prioritized completing crypto laws related to stablecoins and market structure by the end of August. Relevant committees will hold a joint hearing on May 6. The Lummis-Gillibrand Bill and FIT21 are also being integrated.
Swiss Supermarket Chain Spar to Launch Bitcoin Payments Nationwide
According to Decrypt, the Spar supermarket chain is preparing to accept Bitcoin payments nationwide in Switzerland following a successful pilot program at its Zug branch. Spar will process transactions using DFX Swiss’ OpenCryptoPay platform via the Lightning Network.
Bitcoin Income Fund for Non-U.S. Institutional Investors Launching
Coinbase is launching a Bitcoin fund targeting non-U.S. institutional investors with an expected return of 4–8% on May 1. The fund will employ an arbitrage strategy between spot and perpetual contracts. Bitcoin income will be paid monthly.
Ethereum Execution Layer Expansion Plan Progressing Smoothly
Toni Wahrstätter from the Ethereum Foundation announced that gas limit increases and other improvement proposals are progressing successfully. The target gas limit will be 100M before the Glamsterdam upgrade. Additionally, the PerfNet test network has been launched.
Polymarket: 56% Chance of a Recession in the U.S. by 2025
According to Polymarket data, the probability of the US economy entering a recession this year has reached 56%. The market is pricing in risks of economic slowdown.
Tether Mints 1 Billion USDT on the Tron Network
According to Whale Alert data, Tether has minted approximately 1.007 billion USDT on the Tron blockchain. This move aims to increase stablecoin liquidity on the network.
by Darkex Research – 1 min read