The Ethereum price has been under pressure this year, having dropped by 56% from its November high. Ethereum&#8217;s (ETH) performance has been worse compared to other top cryptocurrencies like Bitcoin (BTC) and Solana (SOL). In fact, Ethereum has dropped to…

Is Ethereum dead? Chart shows the key ETH price to watch

North Korean cyber operatives reportedly established two fake U.S. businesses 
using false identities to bypass Treasury sanctions and target cryptocurrency 
developers with malware. Hackers Target Unsuspecting Job Applicants North 
Korean cyber operatives reportedly set up two fraudulent businesses in the 
United States, evading Treasury sanctions to infect cryptocurrency developers 
with malware. The entities, Blocknovas LLC […]

North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers

Stripe, a global payments platform, is building a new US dollar stablecoin 
product for companies based outside the United States, the United Kingdom and 
Europe in a move that may further expand the footprint of the dollar around 
the world.
Stripe CEO Patrick Collison confirmed the product on X, posting an invitation 
for companies interested in testing the solution. The move gained traction 
after Stripe recently received regulatory approval to acquire the stablecoin 
payments network Bridge.
Bridge&#8217;s network competes with banks and companies that use the SWIFT system, 
a global financial messaging network that facilitates international wire 
transfers. Two former Coinbase executives, Zach Abrams and Sean Yu, co-founded 
the company in 2022.
_Source:__Patrick Collison_
 _**Related:**__**Former Square, Coinbase execs raise $58M for Bridge 
stablecoin network**_
## Stablecoin adoption grows in 2025
Stripe has a long-standing history with crypto, becoming the first major 
payments processor to integrate Bitcoin (BTC) in 2014. However, it 
discontinued support due to Bitcoin&#8217;s long transfer times and high transaction 
fees. The company began rebuilding its crypto team in 2021 as part of a 
renewed push into the space. 
Stripe has recently accelerated that push. In October 2024, the company 
introduced a stablecoin payment option, which users adopted in over 70 
countries on the first rollout day. In June that year, Stripe partnered with 
Coinbase to offer fiat-to-crypto conversions. Collison noted on X that 
Stripe&#8217;s latest crypto initiative is something the company has &#8220;wanted to 
build for around a decade.&#8221;
Stablecoins are cryptocurrencies designed to maintain a stable value by being 
pegged to assets like fiat currencies. In the United States, USD-backed 
stablecoins have increasingly gained attention at the federal level, with 
figures like US Federal Reserve Chair Jerome Powell calling for dedicated 
legislation. PayPal launched its own stablecoin in 2023 and recently announced 
that it would begin offering yield to holders of its token.
As of April 25, the stablecoin market cap stands at $237.5 billion, according 
to DefiLlama.
_**Magazine: Bitcoin payments are being undermined by centralized 
stablecoins**_

Stripe opens testing for new stablecoin product following Bridge acquisition

The price of SUI has been on a relentless upward trajectory, defying 
traditional market warnings as its Relative Strength Index (RSI) enters 
overbought territory. Typically, an overbought RSI suggests an asset may be 
due for a pullback, yet SUI continues to surge. With bullish momentum still 
strong, key factors such as rising demand, ecosystem developments, or broader 
market trends could be fueling this resilience. However, as the RSI hovers in 
overextended zones, the critical question remains: Can SUI sustain its rally, 
or is a reversal on the horizon? RSI Hits Extreme Levels As SUI Climbs Higher 
In a recent post on X, analyst GemXBT highlighted that the SUI chart continues 
to show a strong bullish structure, marked by consistently higher highs and 
higher lows, a classic signal of upward momentum. According to the chart, key 
support zones are holding firm around $2.80 and $3.00, providing a solid base 
for the price to build upon. Related Reading: SUI Forms Inverse Head And 
Shoulders – Can Bulls Break Above $2.52? Also, resistance is near the $3.60 
level, which could act as a critical barrier for the bulls to overcome. As 
long as the current structure remains intact and price respects these support 
zones, SUI’s upward trend may still have room to run, especially if it manages 
to break through the $3.60 resistance with strong volume. However, GemXBT also 
pointed out that the RSI is currently flashing overbought conditions, which 
typically signals that the asset may be nearing a short-term top. While the 
overall trend remains bullish, this indicator suggests that a potential 
pullback or period of consolidation could be on the horizon. The analyst added 
that although buying pressure remains strong and momentum is clearly in favor 
of the bulls, traders should proceed with caution. Overbought signals often 
precede cooling phases, especially if volume begins to taper off or price 
struggles to break above resistance. Watching The Pullback: Where Bulls Might 
Reload Analyst GemXBT identified the $3.00 and $2.80 levels as critical 
support areas to watch. These zones have acted as solid demand regions in the 
past and may once again serve as springboards if prices dip from current 
highs. A controlled pullback into these levels, especially if accompanied by 
decreasing volume, would suggest profit-taking rather than panic selling—a 
positive sign for bulls aiming to push higher. Related Reading: SUI Poised For 
Price Rally? Ascending Channel Suggests Move Toward $2.50 If buying pressure 
returns around these support zones and the price structure of higher highs and 
higher lows remains intact, SUI could be setting up for a renewed breakout. 
The next major hurdle remains near $3.60, and reclaiming that level would open 
the door for a broader upside run. Featured image from Medium, chart from 
Tradingview.com

SUI Price Soars Despite Overbought RSI – Can The Rally Sustain?

Semler Scientific has bought approximately $10 million worth of Bitcoin since 
Feb. 14, the healthcare technology company said in an April 25 statement.
The company purchased 111 Bitcoin (BTC) for $10 million at an average price of 
roughly $90,000 per coin, Semler said. It holds a total of more than 3,300 
Bitcoin worth approximately $300 million in aggregate.
Semler said its Bitcoin purchases have earned stockholders a Bitcoin yield of 
23.5% in the year to date. Bitcoin yield measures the ratio of BTC holdings to 
outstanding shares, reflecting growing exposure per share for investors.
&#8220;Semler Scientific uses BTC Yield as a [key performance indicator] to help 
assess the performance of its strategy of acquiring bitcoin in a manner Semler 
Scientific believes is accretive to stockholders,&#8221; it said.
_Semler bought 111 BTC since Feb. 14. Source:__Eric Semler_
The company said it acquired its Bitcoin treasury for an average price of 
nearly $89,000. As of April 25, Bitcoin trades at approximately $95,000 per 
coin, according to data from Cointelegraph.
Semler Scientific is a healthcare technology company that develops and sells 
medical diagnostic products, with a primary focus on detecting chronic 
diseases. The company has partially financed its Bitcoin purchases by issuing 
roughly $125 million in new stock, it said. Semler also announced plans to 
raise $75 million through the private offering of convertible senior notes in 
January.
_Corporations are among the biggest Bitcoin buyers. 
Source:__BitcoinTreasuries.NET_
 _**Related:**__**Bitcoin, showing &#8216;signs of resilience&#8217;, beats stocks, gold 
as equities fold &#8212; Binance**_
### **Corporate Bitcoin buying**
In 2024, Bitcoin&#8217;s surging price pushed Michael Saylor&#8217;s Strategy (formerly 
MicroStrategy) up more than 350%, according to data from FinanceCharts. 
Strategy&#8217;s success has inspired dozens of other companies, such as Semler, to 
start accumulating Bitcoin treasuries.
Public companies are now among the largest institutional Bitcoin holders. As 
of April 25, corporate Bitcoin holdings are worth approximately $71 billion in 
the aggregate, according to data from BitcoinTreasuries.NET.
Strategy is still the largest corporate Bitcoin holder, with a treasury worth 
more than $50 billion. During the week of April 14, Strategy bagged 6,556 
Bitcoin for an average price of $84,785 per coin.
Among institutional buyers, corporate treasuries still lag exchange-traded 
funds (ETFs), which cumulatively hold approximately $110 billion in Bitcoin as 
of April 25, according to Coinglass data.
_**Magazine: **__**Pok emon on Sui rumors, Polymarket bets on Filipino Pope: 
Asia Express**_

Semler Scientific buys another $10M worth of BTC

Medical technology company Semler Scientific announced the acquisition of 111 
more bitcoins for $10 million between February 14 and April 24, 2025. The 
acquisition brought Semler Scientific’s holdings to 3,303 bitcoins. Semler 
Scientific BTC Holdings Acquired for an Average of $87,929 per Coin Semler 
Scientific (Nasdaq: SMLR), a medical technology company, announced that 
between Feb. […]