PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin. PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action. The company said it received a subpoena from the SEC’s Division of Enforcement […]

FTX has initiated legal proceedings against NFT Stars Limited and Delysium, seeking to recover digital assets allegedly withheld from its estate. The lawsuits are the latest in its ongoing efforts to reclaim funds and maximize creditor recoveries following its collapse in November 2022. Token Allegations The defunct crypto exchange announced on April 29 that it […]

Bitcoin Magazine Bitcoin Price Steady At $95,000 As US Bitcoin ETFs See $591 Million Inflows US spot Bitcoin ETFs attracted $591.3 million in net inflows on Monday, extending last week’s momentum that saw over $3.3 billion in total inflows. BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $970.9 million in purchases, marking its second-largest daily inflow […]

Celsius founder and ex-CEO Alex Mashinsky is facing two decades in prison for his role in the multibillion collapse of the former crypto lending firm. According to a new court filing, the U.S. Attorney’s Office for the Southern District of New York is asking a federal judge to sentence Mashinsky to at least 20 years […]

Hashdex launched the world’s first spot XRP ETF, XRPH11, on Brazil’s B3 exchange, tracking the Nasdaq XRP Reference Price Index with Banco Genial as custodian. The ETF debuted with about US$40M in net assets, requires at least 95% allocation to XRP-related products, and charges a maximum 0.7% annual management fee. While Brazil advances with spot […]

Solana Eyes $144 Breakout and XRP Targets $3.15; Why is Cold Wallet Presale Trending? Altcoins are regaining momentum, but investor focus is shifting toward utility-driven projects with early-stage potential. Solana (SOL) is rallying toward a key resistance level as it posts record network revenues. XRP, meanwhile, is nearing a breakout pattern that could send it […]

Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS nations, embodies the growing leadership of developing economies and stands as a golden symbol of Global South cooperation. Xi advocated […]

The European Securities and Markets Authority (ESMA) has published its final guidelines for national authorities on how to prevent and detect market abuse in the crypto-asset sector. The guidelines were released today (Tuesday) and follow the implementation of the Markets in Crypto-Assets Regulation (MiCA), which began to apply on 30 December 2024. These guidelines are […]

According to PANews, Russia's Federal Financial Monitoring Service is advocating for criminal charges against illegal cryptocurrency mining, …

Meme coins are once again commanding attention, but this time, it’s not just about hype,it’s about execution. Shiba Inu (SHIB) aggressively reduces its supply with token burns surging over 3,200%, while whale activity signals renewed confidence. Hedera (HBAR) has broken out of a long downtrend, riding bullish momentum and strategic expansion into real-world payment systems.  […]

A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. The meme coin, which is now trading at $0.17, has recorded a 10% gain in the last week and continues to be up 11% over a 14-day period. Bullish Divergence Indicates Possible Upswing […]

Australia’s financial intelligence agency has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled over fears that the dormant firms could be used for scams. There are currently 427 crypto exchanges registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), but the agency said on April 29 that it […]

Let’s take a look at what happened in the crypto space over the last weekend of April in U.Today’s news digest!

Key Takeaways: Arizona’s House of Representatives approved two bills proposing the creation of a state-managed Bitcoin reserve. SB1025 allows the treasurer to invest up to 10% of state funds in Bitcoin; SB1373 focuses on a digital asset reserve from seized assets. Pending governor approval, Arizona is currently spearheading U.S. state-level initiatives to include cryptocurrencies into […]

Regulators in the European Union (EU) have released new guidance on blockchain technology as it pertains to the processing of personal data. In a new report, the European Data Protection Board (EDPB) says that in order to properly comply with the EU’s General Data Protection Regulation (GDPR), “evaluations” may need to be conducted on how […]

A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to […]

At the 2025 Paris Blockchain Week, CryptoPotato spoke to Dimitar Stalimirov, Director of Brand Marketing at Nexo, who offered insight into how the company is repositioning itself within the financial services and digital assets space. As the industry continues shifting, Nexo appears to be adapting by exploring new marketing strategies, business verticals, and client engagement […]

Bitcoin Magazine EXCLUSIVE: Bo Hines – Making America “The Global Bitcoin Superpower” In an exclusive interview, Bo Hines, Executive Director of the President’s Council of Advisors on Digital Assets, lays out the Trump administration’s to make the United States the global Bitcoin superpower. He discusses the early successes of President Trump’s second term, including ending […]

Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday […]

Dogecoin, the meme-inspired cryptocurrency that began as a joke, may soon find itself listed on Wall Street. Nasdaq has submitted a formal request to the U.S. Securities and Exchange Commission (SEC) to list an exchange-traded fund holding Dogecoin. Regulatory Approval in Progress The application follows 21Shares’ filing on April 10 to create a Dogecoin ETF. […]

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Bitget is suing eight accounts accused of exploiting its VOXEL futures market to steal US$20M, freezing their accounts and rolling back trades. The exploit followed a suspicious 560% VOXEL price surge, triggering Bitget to suspend trading and launch an internal investigation. Bitget vowed to return recovered funds via an airdrop, but the incident raised questions […]

Top 10 ICOs of 2025: New Coins, Real Utility, and Big Gains Ahead With hundreds of crypto launches happening every month, only a few stand out with actual product utility, fair tokenomics, and strong early community support. April 2025 has already delivered a lineup of standout ICOs that are not just hype but backed by […]

Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buyers have regained control, and a break above $4,000. […]

Bettors on prediction platforms Polymarket and Kalshi are flipping bearish on the US economy. As of April 29, both platforms are predicting that the US will log an economic contraction during the first quarter of 2025 in an upcoming economic data release. The US has logged positive growth figures every quarter since 2022, and a […]

The head of a fintech giant SoFi says the firm is bringing back crypto banking thanks to the new presidential administration’s stance on the industry. In a new interview with CNBC, SoFi CEO Anthony Noto says crypto is returning to the company after SoFi had to halt crypto activities in 2023 due to regulatory pressure. […]

Blockstream chief executive Adam Back has a huge prediction for Bitcoin’s (BTC) market cap. Back says on the social media platform X that the business intelligence firm Strategy and other companies employing a BTC treasury policy “are an arbitrage of the dislocation between the Bitcoin future and today’s fiat world.” “A sustainable and scalable $100-$200 […]

TL;DR Charles Hoskinson questioned the criticism that reduces Cardano’s value to its market price and defended the sustained growth of its ecosystem. Cardano has posted a 58% increase over the past year and now exceeds $25 billion in market capitalization, with over three million active users on its network. Charles highlighted the need for clear […]

TL;DR Nasdaq filed a formal request with the SEC to list a Dogecoin ETF operated by 21Shares, using the S-1 form. Grayscale and Bitwise also moved forward with similar proposals, anticipating a possible increase in institutional demand for DOGE. After the filing was made public, Dogecoin rose 2% and reached $0.1796, while traders speculate on […]

Bitcoin nears $94K as Michael Saylor foresees explosive growth from banking endorsement

Key Takeaways: Marco Santori, former Chief Legal Officer at Kraken, has become a General Partner at Pantera Capital. He brings deep expertise in crypto regulation, having crafted the SAFT framework and led Kraken’s legal team through major SEC actions. At Pantera, Santori will guide compliance, token structuring, and IPO readiness for portfolio companies. His dual […]

Bitcoin Magazine Phoenix Group Amps Up Their Bitcoin Mining Power To a Global Capacity of Over 500 Megawatts On April 29, 2025, Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining capacity in Ethiopia, increasing its total in the country to one hundred and thirty-two […]