Mark Uyeda, the acting chairman of the SEC, said in a roundtable that the SEC is currently considering the possibility of a temporary crypto regulatory framework. This would provide intermittent relief to crypto firms. While a ‘long-term solution’ is still under work and may take a few months to come to fruition, an ‘exemptive relief’ […]
TL;DR Cross-Chain Breakthrough: Injective’s IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem. Fusion of Strengths: By uniting Bitcoin’s robust asset base with Cosmos’ versatile DeFi […]
Key Takeaways: Digital currency’s role in financial inclusion was explored with UXLINK joining Stanford’s FDCI. The partnership will enable UXLINK’s R&D for creating transparent, accessible payment rails. More people using digital currency could enhance the global value of UXLINK and its adoption. UXLINK Collaborates with Stanford to Shape the Future of Digital Currency UXLINK, the […]
Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ). In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against […]
Ethereum (ETH) price dropped to territory it first discovered in Q4, 2021
BitMEX co-founder Arthur Hayes believes one catalyst could suddenly send Bitcoin (BTC) to new all-time highs amid US President Donald Trump’s tariff policies. Hayes tells his 679,700 followers on the social media platform X that the sudden selling-off of US treasuries and rising 10-year bond yields is likely to result in the printing of more […]
A group of billionaires are brushing past market fears and investing heavily in their companies in an attempt to leverage the volatility. The Persson and Lundin families, along with Carlos Slim, just collectively invested $96.3 million in their respective companies, reports Bloomberg. The Persson family invested approximately $78 million to boost their stake in H&M, […]
The number of active developers in the crypto space has plummeted by double digits over the past year, signaling that the industry may face deeper challenges in the long term due to a lack of significant on-chain activity. Data from the crypto metrics aggregator Artemis Terminal shows that weekly active developers have fallen 40% from […]
The co-founder of COTI believes the controversy surrounding central bank digital currencies will subside as major financial players adopt the technology and optimal designs are established. The co-founder however downplayed the possibility that central bank digital currencies will be built to interface with decentralized finance protocols or Web3 ecosystems. Privacy Crucial for CBDC Implementation Shahaf […]
VanEck confirms Russia is using Bitcoin, Ether, and Tether to settle oil trades with China and India. VanEck’s Matthew Sigel sees this as early evidence of Bitcoin becoming a global trade tool, especially for nations seeking to reduce reliance on the US dollar. A weakening dollar and Trump’s tariff policies, according to the analyst, may […]
A Delhi Township woman will be breathing a sigh of relief after about $35000 she lost to cryptocurrency scammers was recovered by authorities.
As Bitcoin (BTC) recovers from its five-month low, the cryptocurrency attempts to reclaim the $84,000 resistance. Some market watchers suggest that more volatility could be around the counter, as the price is compressing between two key levels. Bitcoin Retests 4-Month Downtrend Line Over the past week, Bitcoin has been trading between the $74,000-$84,000 price range […]
Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained. Speaking during Cointelegraph’s Chainreaction live show on X, Burnett said that Bitcoin is still in a long-term bullish cycle and could […]
With an approximate total value of 2.5 million ETH locked in, Ether.fi has quickly established itself as the top liquid restaking protocol in decentralized finance (DeFi). The pole position in this ecosystem is occupied by eETH, Ether.fi’s flagship liquid restaking token (LRT), which represents Ethereum that has been both kind of “staked” to the Ethereum […]
Key Takeaways: Blockstream introduces three Bitcoin funds for institutions Two of these funds will be dedicated to Bitcoin lending, addressing market demand. It is a sign of renewed confidence in the crypto lending space after recent setbacks. Bitcoin development firm Blockstream has made a multi-billion dollar investment which will power the introduction of three new […]
TL;DR CryptoPunk #3100 sold for $6 million in Ethereum, marking one of the most significant NFT deals of the year. The seller took a loss of nearly $10 million after buying the NFT in 2024 for $16 million, due to the drop in ETH’s price. Despite the sale, CryptoPunks has seen a sharp decline in […]
TL;DR A white hat MEV operator, known as “c0ffeebabe.eth”, successfully intercepted a malicious transaction attempting to steal $2.6 million from the DeFi protocol Morpho Labs following a faulty frontend update. Morpho Labs immediately reversed the compromised update, confirming that the core protocol remains secure and user funds were not affected. This is not c0ffeebabe.eth’s first […]
Former Binance CEO makes an ultra-bullish Bitcoin price prediction
An official committee of the Bank of England tasked with monitoring the economy of the UK says it will continue to monitor developments in stablecoins and the financial risks associated with these assets. In a report of its April 4th and April 8th meetings, the Financial Policy Committee (FPC) identifies the risks posed by stablecoins […]
Prominent crypto analytics firm Swissblock says Bitcoin (BTC) may have yet to find a market bottom despite the US enacting a 90-day tariff pause. Swissblock says on the social media platform X that Bitcoin’s momentum to the upside is not yet a sign of a convincing breakout. “Don’t let your guard down yet! The 90-day […]
Meanwhile, a crypto-focused life insurance startup that collects payments and pays life insurance policies in bitcoin has raised $40 million in its Series A funding round. Led by Framework Ventures and Fulgur Ventures, with the participation from Xapo founder Wences Casares, the round gives Meanwhile a valuation of $190 million. Zac Townsend, co-founder and CEO […]
TL;DR Despite its substantial price surge in the past several months, XRP failed to break its 2018 all-time high but came agonizingly close. It has retraced substantially since then, alongside the rest of the market, but ChatGPT believes there are certain factors that could restart its bull run. What Happened With XRP? CryptoPotato reported recently […]
According to BlockBeats, recent data from Coinglass reveals notable movements in the cryptocurrency market over the past 24 hours.
According to a recent X post by seasoned crypto analyst Ali Martinez, Ethereum (ETH) may have already gone through its capitulation phase for this market cycle. Notably, the second-largest cryptocurrency by market cap is down more than 55% over the past year. Is Ethereum Capitulation Over? Unlike Bitcoin (BTC) and altcoins such as XRP, Solana […]
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao, following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DoJ). “I’m not aware of the circulating rumors. CZ is both my mentor and a close […]
Paul Atkins has been confirmed as the new SEC chair, replacing acting chair Mark Uyeda and signaling a shift in regulatory direction. Known for criticising the SEC’s enforcement-heavy approach, Atkins aims to prioritise clear crypto regulation, raising hopes for a more innovation-friendly environment. The US Senate has officially confirmed Paul Atkins as the next chair […]
21Shares launched the first physically backed Dogecoin ETP on Switzerland’s SIX Exchange, endorsed by the Dogecoin Foundation and trading under the ticker DOGE. The ETP is fully backed by DOGE held in custody, carries a 2.5% management fee, and is regulated under European financial frameworks. While approval odds for a US Dogecoin ETF remain mixed, […]
Key Takeaways: Animoca Brands’ bookings increased by 12% in 2024, reaching $314 million. The company took a calculated approach to diversification, spearheaded by Digital Asset Advisory. Operating expenses decreased by 12%, driven by AI and optimization efforts. Animoca Brands, a leading player in blockchain games and Web3 investments, has published its unaudited financial results for […]
Users of the world’s largest crypto exchange by volume have voted to add three new altcoins to the trading platform. In a new announcement, Binance says traders that use its services have voted to add decentralized investment banking protocol Ondo (ONDO), blockchain-based multiplayer role-playing game Big Time (BIGTIME), and artificial intelligence (AI)-based gaming protocol Virtuals […]
Billionaire Warren Buffett has recorded billions of dollars in gains this year despite the global market selloff, according to a new report. Buffett’s net worth is now $153.5 billion after surging $11.5 billion this year alone, reports Bloomberg. Buffett’s gains stand out amid the tariff-induced selloff triggered by President Trump, which wiped trillions of dollars from […]
The Synthetix protocol, whose issuance is algorithmic, has an asset—sUSD—that has seen its peg continue to deteriorate. The current assets that are over-collateralized do not seem to be affecting the intended value that sUSD should hold. The asset dipped as low as $0.869 and now hovers at about $0.908. The mechanism that maintains the value […]
BTC maintains high investor profitability against Ethereum