US Senator Asks for Binance Monitor Update Amid Scrutiny of Iran Sanctions
U.S. Senator Richard Blumenthal wrote to the Justice Department and FinCEN demanding an update on Binance’s compliance with the anti‑money‑laundering monitoring program imposed after its 2023 settlement. The settlement required Binance to pay $4.3 billion and subjected the exchange to strict reporting requirements, yet lawmakers cite allegations that roughly $1 billion flowed through the platform to Iran‑linked parties. Earlier this year a bipartisan group of senators urged a comprehensive review of Binance’s controls, and the exchange continues to face political scrutiny over alleged ties to former President Donald Trump.
Ether Accumulation Wallet Balances Increased by 33%: Is a Rally to $3K Next?
Ethereum (ETH) has seen a 33% jump in balances held by accumulation wallets, reaching 26.16 million ETH (≈ $62.8 billion). Daily active addresses surged 89% to 730,278, while inflows into accumulation addresses average 200,000 ETH per day, spiking to 358,000. Staked ETH climbed to...
Circle CEO Sees ‘Tremendous Opportunity’ for Yuan Stablecoin Despite China Curbs
Circle CEO Jeremy Allaire told Reuters that a yuan‑backed stablecoin could be issued within three to five years, presenting a “tremendous opportunity” for China to export its currency. He contrasted this prospect with Beijing’s recent crackdown that declares offshore issuance...
French Minister Says New Measures Are Coming After Crypto Kidnappings
French interior minister delegate Jean‑Didier Berger announced new measures to curb crypto kidnappings, known as wrench attacks, after a recent €400,000 ransom case. Authorities have launched a prevention platform that already has thousands of sign‑ups and are collaborating with Interior...
Study Finds Almost No Crypto Protocols Disclose Market-Maker Terms
A Novora study of over 150 crypto protocols found fewer than 1% disclose market‑maker terms, with only Meteora providing details. The review spanned DEXs, lending, futures, L1/L2, bridges, and CE‑token projects valued $40 million to $45 billion. The same analysis highlighted a...
South Korea to Pilot Tokenized Deposits for Government Spending
South Korea’s Ministry of Economy and Finance announced a pilot that will use tokenized deposits—digital representations of bank deposits on blockchain—to fund government operational expenses, beginning in Sejong City. The sandbox will enforce predefined timing and usage limits, with a...
US Should Scrap Crypto Capital Gains Tax to Fuel Currency Competition: Cato
The Cato Institute is urging Congress to eliminate capital‑gains taxes on Bitcoin and other cryptocurrencies, arguing that the current tax regime discourages everyday use and hampers currency competition. Policy scholar Nicholas Anthony suggests a full repeal or a targeted exemption...
Tech Stocks Push Nasdaq, S&P 500 to Record Highs as Bitcoin Taps $75K
US equities surged on Wednesday as the Nasdaq Composite reached a record 24,016.02 and the S&P 500 hit 7,022.95, propelled by a 2.08% rise in tech stocks. Bitcoin climbed to $75,229, up 1.07% and nearly 10% higher over the past two...
CFTC Probes Oil Futures Trades Tied to Trump's Moves in Iran: Report
The U.S. Commodity Futures Trading Commission is investigating two sharp spikes in oil‑futures trading that occurred minutes before President Trump announced a postponed strike on Iranian energy assets on March 23 and a cease‑fire on April 7. The probe focuses on activity...
Bitcoin’s Brief Rally to $76K May Have Been a Bull Trap: Here’s the Data
Bitcoin surged past $76,000 on Tuesday, sparking $285 million in leveraged short liquidations and closely tracking the S&P 500. The rally coincided with the Federal Reserve’s shift toward balance‑sheet expansion, which could supply fresh liquidity to risk‑on assets. Geopolitical tension from the...
HYPE Hits 2026 High as Hyperliquid Volumes Soar: Is the Rally Sustainable?
Hyperliquid’s native token HYPE surged back to $45 on Tuesday, marking its highest level since late 2025 and extending a 108% rally from the January low of $21. Despite the price climb, on‑chain metrics show a weakening spot cumulative volume...
Goldman Sachs to Use Options Strategy for Planned Bitcoin Income ETF
Goldman Sachs has filed with the SEC to launch a Bitcoin Premium Income ETF that will generate yield by selling call options on Bitcoin‑linked exchange‑traded products while keeping at least 80% exposure to the crypto asset. The fund’s “overwrite” strategy...
Bitcoin Shorts Above $70K at Risk Since ‘90% of Downside’ Is Already Complete
Bitcoin futures open interest dropped 2.46% to about 318,000 BTC, signaling the start of a broad leverage reset. Funding rates across major exchanges turned negative, meaning short sellers are paying long holders to keep positions open. Valuation metrics such as...
Jito, KODA Team up on Institutional Staking in South Korea
Jito Foundation has signed a memorandum of understanding with Korean custodian KODA to launch institutional custody and staking services for JitoSOL in South Korea. The partnership will enable compliant pathways for large financial firms and corporate treasuries to mint and...
Strategy Buys 13,927 Bitcoin for $1B, Holdings Near 800,000 BTC
Strategy, led by Michael Saylor, bought 13,927 Bitcoin for about $1 billion between April 6‑12, paying $71,902 per coin—below its average cost. The purchase was financed through a $1 billion sale of STRC perpetual preferred equity, bringing total holdings to 780,897 BTC valued...
StarkWare Cuts Staff in Push Toward Revenue-Generating Products
Zero‑knowledge scaling firm StarkWare announced a restructuring that will split the company into two units—one for applications and one for Starknet development—and cut headcount, though the exact number of jobs eliminated was not disclosed. CEO Eli Ben‑Sasson said the move is...
Nigel Farage-Backed Stack BTC Adds $2.7M in Bitcoin to Treasury
Stack BTC, a publicly listed Bitcoin treasury firm chaired by former UK chancellor Kwasi Kwarteng, purchased 37 Bitcoin for roughly $2.7 million, bringing its holdings to 68.19 BTC. The buy follows Nigel Farage’s equity investment, making him the first sitting UK...
South Korea Says API Crypto Trading Now Makes up 30% of Market: Report
South Korea’s Financial Supervisory Service reported that API‑driven trading now represents about 30% of the country’s crypto transaction volume. The regulator warned that some market participants are using automated tools to inflate trade volumes, spoof orders and coordinate activity across...
Bitcoin Miners Face a Tougher Road to the 2028 Halving
Bitcoin’s next halving in April 2028 will slash the block reward to 1.5625 BTC, halving miners’ revenue per block. The sector now faces record‑high hashrate, rising energy costs and a tighter regulatory landscape, forcing a shift from pure mining to energy‑infrastructure models....
Banks, Corporates in Europe ‘Actively Selecting Partners’ for Stablecoin Push
European banks and corporates are moving from study to implementation of stablecoins, selecting infrastructure partners after the EU’s MiCA regulation created a unified framework. Board‑level approved projects include ClearBank Europe’s MiCA licence, the ING‑led Qivalis euro stablecoin, and Societe Generale’s cross‑border...
US Down to 'Last Chance' To Pass CLARITY Act Before 2030: Lummis
U.S. Senator Cynthia Lummis warned that the CLARITY Act—legislation aimed at giving the crypto sector clear regulatory oversight—faces its final window for passage before a de‑facto deadline in 2030. The push comes amid concerns that the November midterm elections could...
Polymarket Bets Removed From Google News After Brief Appearance: Report
Polymarket, a crypto‑based prediction market, briefly showed up in Google News results alongside major outlets like Reuters and The Guardian before being removed. Google said the inclusion was an error and the platform no longer appears in News. The incident...
Ether Machine Scraps SPAC Merger with Dynamix, Citing Market Conditions
Ether Machine and Dynamix have mutually terminated their planned SPAC merger, ending a proposed Nasdaq debut for the Ethereum‑treasury firm. The termination triggers a $50 million payment from an undisclosed “Payor” to Dynamix within 15 days. Ether Machine had previously raised...
Bitcoin, Ether Near Levels that Could Signal Trend Reversal: Analyst
Macro analyst Jordi Visser says Bitcoin and Ether are poised for a possible trend reversal in 2026 if they break key price levels. Bitcoin would need to rise above $76,000, a 6.1% gain from its current $71,646 price, while Ether must...
US President Trump Faces Renewed Backlash as Trump-Linked Tokens Crash
President Donald Trump’s crypto initiatives are under fire as the official TRUMP memecoin slumped to an all‑time low of $2.86, a 90% drop from its $73 peak. The WLFI governance token, tied to a DeFi platform co‑founded by his sons,...
Paying Iran in Crypto Could Put Shippers at Sanctions Risk: Chainalysis
Shipping companies that consider paying Iran’s transit fees with cryptocurrency face heightened sanctions exposure, according to Chainalysis senior analyst Kaitlin Martin. Under U.S. and international sanctions, any crypto payment to the Iranian regime could be deemed material support, risking violations....
Trump-Linked WLFI Hits New Low as Token-Backed Loan Triggers Concern
The WLFI token, tied to Donald Trump‑backed World Liberty Financial, slumped to an all‑time low of about $0.077, an 83% drop from its September peak. On‑chain data revealed the platform pledged roughly 5 billion WLFI tokens as collateral on the Dolomite...
Federal Court Blocks Arizona Crackdown on Kalshi’s Event Contracts
A federal judge in Arizona issued a temporary restraining order that bars state officials from enforcing gambling laws against Kalshi’s event‑based contracts, aligning with a request from the Commodity Futures Trading Commission (CFTC). The order, effective until at least April 24,...
Bitwise Edges Closer to Hyperliquid ETF Launch with Second Amended Filing
Bitwise Asset Management filed a second amendment with the SEC for its spot Hyperliquid ETF, adding the ticker BHYP and setting a 0.67% management fee. The filing signals an imminent launch, as the HYPE token has surged roughly 200% over...
Price Predictions 4/10: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, LINK
Bitcoin is hovering around $72,500, with bulls targeting a $76,000 breakout while bears defend the level. Spot BTC ETFs recorded a weekly net inflow of $576.5 million, but the on‑chain data suggests Bitcoin must clear the $78,000 True Market Mean and...
US CPI Comes in Lower than Expected, but April Rate Cut Still Unlikely
The U.S. Bureau of Labor Statistics reported that March’s headline CPI rose 0.9% month‑over‑month and 3.3% year‑over‑year, staying above the Federal Reserve’s 2% target. Energy prices surged, with the energy index up 11% and gasoline climbing 21.2% amid the Iran‑related...
Bank of France Calls for Tougher MiCA Limits on Stablecoin Payments
French officials are tightening crypto oversight as Bank of France Deputy Governor Denis Beau urged the EU to impose stricter limits on non‑euro stablecoins under the MiCA framework. At the same time, France’s National Assembly approved a provision requiring annual...
Bitcoin Analysis Sees $55K BTC Price 'Iron Bottom' By December 2026
CryptoQuant’s on‑chain analytics platform projects Bitcoin will find an "iron bottom" around $55,000 in the second half of 2026, based on the market‑value‑to‑realized‑value (MVRV) Z‑score falling below zero. The firm cites three on‑chain indicators, with the MVRV Z‑score historically marking...
South Korea Court Cancels Upbit Suspension, Citing Regulatory Gaps: Report
South Korea’s Seoul Administrative Court annulled the Financial Intelligence Unit’s three‑month partial suspension of Dunamu, the operator of crypto exchange Upbit. The court ruled that while AML rules exist for transactions above 1 million won (about $675), the regulator failed to...
Bessent Ramps up Pressure on Congress to Pass CLARITY Act
U.S. Treasury Secretary Scott Bessent urged Congress to swiftly pass the Digital Asset Market Clarity (CLARITY) Act, warning that Senate floor time is limited. The bill, already cleared by the House, aims to establish clear rules for cryptocurrencies, tokenized assets...
Dubai Clarifies Token Issuance Rules for RWAs and Stablecoins
Dubai’s Virtual Assets Regulatory Authority (VARA) released detailed guidance clarifying how stablecoins and real‑world asset (RWA) tokens should be issued, disclosed, and distributed. The rulebook defines three issuance pathways—Category 1 fiat‑referenced and asset‑referenced tokens, Category 2 tokens that must use VARA‑licensed intermediaries,...
Bithumb Launches Legal Action to Recover 7 Bitcoin From Payout Error
South Korean exchange Bithumb has filed for a provisional attachment to freeze assets of users who have not returned 7 Bitcoin after a February payout glitch that mistakenly sent 620,000 BTC—about $42 billion—rather than a 620,000‑won prize. The exchange reversed most of the...
Yuga Labs Settles Lawsuit Against Artists Accused of Copying Its NFTs
Yuga Labs, the creator of the Bored Ape Yacht Club, has settled its four‑year lawsuit with artists Ryder Ripps and Jeremy Cahen, who were accused of minting and selling look‑alike NFTs. Under the agreement, the artists are permanently barred from using Yuga’s...
Democrats Question CFTC Chair on Insider Trading in Prediction Markets
Seven Democratic members of the U.S. House have written to CFTC Chair Michael Selig demanding information on the agency’s handling of insider trading in prediction‑market event contracts, especially those tied to U.S. military actions in Iran and Venezuela. The lawmakers...
Bitcoin Holds $67K Support as Data Exposes Price to Sentiment Divergence
Bitcoin has held a $67,000 support level, keeping prices above the $60,000 floor despite a month‑long “extreme fear” reading on the Fear & Greed Index. Institutional investors drove the market, with spot ETFs absorbing roughly 50,000 BTC (≈ $3.35 billion) and corporate...
US Prosecutors Reject Tornado Cash Co-Founder‘s Argument for Dismissal
Jay Clayton, U.S. Attorney for the Southern District of New York, rejected Roman Storm’s attempt to use a recent Supreme Court copyright ruling as a defense in his criminal case. Storm, co‑founder of Tornado Cash, was previously convicted of operating...
Split Capital Winds Down as Founder Joins Stablecoin Startup Plasma
Split Capital, a digital‑asset hedge fund founded by Zaheer Ebtikar, announced it is winding down despite posting over 100% returns in both 2024 and 2025. Ebtikar cited a fundamental shift in the crypto market that makes the traditional hedge‑fund model...
Polymarket Bags 97% of Onchain Prediction Market Fees After Pricing Overhaul
Polymarket’s recent pricing overhaul propelled it to generate roughly $7.1 million in fees during the first week of Q2, representing about 96.8% of all on‑chain prediction‑market revenue. At that pace, the protocol is on track for an annualized $365 million run rate,...
CME Group Expands Crypto Futures with Avalanche and Sui Contracts
CME Group announced it will add Avalanche (AVAX) and Sui (SUI) futures to its crypto derivatives platform, with both standard and micro contracts launching on May 4 pending regulatory clearance. The contracts will be sized at 5,000 AVAX/500 AVAX and 50,000 SUI/5,000 SUI respectively, expanding...
North Korean Workers Have Been Infiltrating DeFi for 7 Years: Researcher
Cybersecurity researcher Taylor Monahan disclosed that North Korean IT specialists have been embedded in more than 40 decentralized finance projects for at least seven years. The Lazarus Group, linked to the DPRK, has stolen roughly $7 billion in crypto, including high‑profile...
Rwanda Swats Bybit’s P2P Platform Offering Franc-to-Crypto Trading
Rwanda’s central bank publicly warned that crypto payments and peer‑to‑peer trades using the Rwandan franc (FRW) are illegal after Bybit announced FRW support on its P2P platform. The bank emphasized that only the FRW is legal tender and that licensed...
Bitcoin and the US Dollar Have a 'Symbiotic' Relationship: BPI Exec
Sam Lyman, head of research at the Bitcoin Policy Institute, says Bitcoin and US dollar‑pegged stablecoins share a "symbiotic" relationship, with the BTC/USD pair dominating crypto trading. He likens the dynamic to the petrodollar, arguing Bitcoin bolsters dollar demand rather...
Robert Kiyosaki Recommends Bitcoin, Gold as 1974 Shift Comes Full Circle
Robert Kiyosaki argues that the economic realignment begun in 1974—when the United States adopted a petrodollar system and ended the gold standard—has resurfaced as today’s inflation and energy‑related geopolitical tensions. He warns that the shift to 401(k)‑style retirement accounts has...
Bitcoin Bearish Social Chatter Reaches 5-Week High: Santiment
Santiment reports Bitcoin’s social‑media sentiment has turned sharply bearish, with the bullish‑to‑bearish comment ratio dropping to 0.81 – the lowest since February 28. This translates to roughly five negative remarks for every four positive ones, pushing the Crypto Fear &...
Telegram Founder Pavel Durov Says Iranian Government's Ban Backfired
Telegram co‑founder Pavel Durov says Iran’s ban on the app backfired, as tens of millions of Iranians now use VPNs to access it. He estimates roughly 50 million Iranian users have turned to VPNs, joining a similar number of Russian users....