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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firmโ€™s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is [โ€ฆ] The post Circle denies plans to become a bank, focuses on aligning with stablecoin...

Published on: April 25, 2025 | Source: CryptoSlate favicon CryptoSlate

SEC Chair Paul Atkins Slams Gensler Regime for 'Stifling' Crypto Innovation

Overhauling the SECโ€™s crypto policies was the sole subject of the new agency chairโ€™s first address in office.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

SEC Chair Paul Akins Slams Gensler Regime for 'Stifling' Crypto Innovation

Overhauling the SECโ€™s crypto policies was the sole subject of the new agency chairโ€™s first address in office.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

CoinDesk Announces Consensus 2026 in Miami

โ€œMiami provides an exceptional setting for innovation and collaboration,โ€ said Consensus Chair Michael Lau.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

Biotech Firm's Shares Plummet Amid Planned Pivot to Dogecoin Mining

Dogecoin mining is quite the shift for biotech firm Coeptis Therapeutics, and shareholders don't appear thrilled with the proposed move.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

BlackRock, five others account for 88% of all tokenized treasury issuance

New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market continues to develop.The largest issuer of tokenized treasures continues to be BlackRock. The company's tokenized US treasury fund, called BUIDL, has a market capitalization of $2.5 billion, 360% higher...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

DOGE Mining Firm Z Squared To Go Public Through Merger

The merger with Coeptis (COEP), a biopharmaceuticals company, is expected to occur in Q3 2025.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

DOGE Mining Firm Z Squared to Go Public Through Merger

The merger with Coeptis (COEP), a biopharmaceuticals company, is expected to occur in Q3 2025.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

Swiss National Bank dismisses Bitcoin for reserves due to volatility concerns

The Swiss National Bank rejected growing calls to adopt Bitcoin (BTC) as part of its foreign currency reserves, saying cryptocurrencies fail to meet its requirements for liquidity and stability. Speaking at the central bankโ€™s annual shareholder meeting in Bern, SNB Chairman Martin Schlegel said the institution needs assets it can reliably buy and sell, and [โ€ฆ] The post Swiss National Bank dismisses Bitcoin for reserves...

Published on: April 25, 2025 | Source: CryptoSlate favicon CryptoSlate

GameStop Stakeholders Are Not Aligned on Bitcoin Strategy: Strive CEO

When will GameStop buy Bitcoin after raising $1.5 billion for the move? Strive CEO Matt Cole says there's still internal debate.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing major sovereign nations, the report projected.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

New SEC Chief Atkins Says Agency Doesn't Have to Wait to Impose Crypto Policy

In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

Senator Lummis criticizes Fedโ€™s crypto guidance withdrawal as โ€˜noise, not real progressโ€™

Senator Cynthia Lummis said the Federal Reserveโ€™s recent decision to withdraw certain crypto-related supervisory directives is โ€œjust noise, not real progress,โ€ criticizing the move as superficial in a statement shared on April 25 on X. Lummis dismissed the withdrawals as insufficient. She accused the Fed of โ€œassassinating companies within the industryโ€ by previously restricting access [โ€ฆ] The post Senator Lummis...

Published on: April 25, 2025 | Source: CryptoSlate favicon CryptoSlate

'Battle of the Three Kingdoms' Oasys Game Based on Sega IP Launching Next Week

Sega's arcade game Sangokushi Taisen is getting its own crypto card game spinoff next week on the Oasys blockchain.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

Fed ends Crypto Crackdown, SUI leads L1s, AI coins rebound

Fed ends Crypto Crackdown, SUI leads L1s, AI coins rebound. FOMO HOUR EP345. BTC stable, SUI leads gains in L1s. Fed ends crypto reporting mandate for banks. BTC supply on exchanges lowest since Nov 2018. Cantor stock doubles after Capital 21 announced. CME Group to launch XRP futures on May 19. US delays DOT, HBAR ETF decisions. Citi projects $3.7T stablecoin market by 2030. New Hampshire BTC bill clear Senate. Tether...

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

If Trump fired Powell, what would happen to crypto?

Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump turns to Jerome Powell, chair of the Federal Reserve, and demands he lower the Fed Funds Rate โ€” the rate at which the Fed lends money to banks. And the steely-eyed Powell will say, โ€œNo.โ€Trump wants to lower rates because...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Tops $95K for the First Time in Months as Stocks Remain Flat

Bitcoin soared above $95,000 per coin on Friday morningโ€”the first time it has topped that mark in two months.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

Nigerian court green lights arrest for six CBEX promoters โ€” Report

A high court in Nigeria has reportedly granted the countryโ€™s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange.According to an April 24 report from Nigerian news outlet The Cable, the Federal High Court in Abuja approved the arrest and detention of six people who promoted the Crypto Bridge Exchange (CBEX),...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk Weekly Recap: Finally, the Bitcoin Rally

After weeks of plateau, this week we saw an upswing in prices and a return to post-election crypto confidence. Hereโ€™s how CoinDesk reported the news that mattered.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

MELANIA token hits turbulence as developers allegedly offload $18 million in tokens

The MELANIA token, a memecoin linked to US First Lady Melania Trump, is under scrutiny after blockchain data suggested that its developers may be behind a series of major sell-offs. According to blockchain analyst EmberCN, the projectโ€™s team has allegedly offloaded over 31 million tokens over the past month, raising concerns about insider-driven activity. Since [โ€ฆ] The post MELANIA token hits turbulence as developers...

Published on: April 25, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin ETFs Add $2.7 Billion in a Week as Market Rebound Continues

โ€œBitcoin and the Nasdaq have seen a strengthening positive correlation since the start of the year, which is now above 50%," an analyst told Decrypt.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

Nasdaq Tells SEC Precise Crypto Labeling Will Be Everything in Future Regulation

A highly specific taxonomy is needed for the U.S. to move forward with crypto regulation, the company argued in a letter to the agency.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

Ethical finance must guide cryptoโ€™s evolution

Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own FoundationCrypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled.We must return crypto to its decentralized roots, a technological revolution built on...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Dragonchain Token Surged 104% After the SEC Moved to Drop Its Lawsuit

The SEC originally filed its complaint against Dragonchain in August 2022, claiming that it conducted unregistered securities offerings.

Published on: April 25, 2025 | Source: Decrypt favicon Decrypt

What is a flash crash in Bitcoin, and why does it matter?

What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize.The appearance of unique market conditions causes a jolt in the leading cryptocurrencyโ€™s market price. Typically, the reason behind a flash crash is a large group of sellers (called whales) deciding to sell Bitcoin (BTC) suddenly and flood the...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound

Key points:Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March.BTC price action is making traders increasingly wary due to the pace of recent gains.$100,000 is likely to remain out of reach for the short term, multiple commentators say.Bitcoin (BTC) headed into key resistance after the April 25 Wall Street open as doubts over the BTC price breakout...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitwise eyes first NEAR-focused ETF amid rising token value

Bitwise Asset Management has taken a significant step toward launching a new exchange-traded fund (ETF) based on NEAR Protocolโ€™s native token, NEAR. According to information on Delawareโ€™s official state website, the firm registered a new entity called Bitwise NEAR ETF on April 24. The filing, listed under number 10174379, classifies the entity as a corporate [โ€ฆ] The post Bitwise eyes first NEAR-focused ETF amid rising...

Published on: April 25, 2025 | Source: CryptoSlate favicon CryptoSlate

Swiss National Bank chief dismisses Bitcoin reserve calls

An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil.According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that โ€œcryptocurrency cannot currently fulfil the requirements for our currency reservesโ€ during a shareholder meeting in Bern earlier today. The comments come amid mounting...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Nous Research secures $50M from Paradigm to build decentralized AI on Solana

Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous investors include Distributed Global, North Island Ventures, and Delphi...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Atkins SEC era sparks massive industry optimism, crypto execs speak out

The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkinsโ€™ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agencyโ€™s recent legacy.In the latest episode of Byte-Sized Insight with Cointelegraph,...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Dinner With the U.S. President? All You Need Is $420 Worth of TRUMP

You donโ€™t need to be a big-name whale to make it a supposed dinner with Trump at his private, members-only Club in Washington, D.C.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

CoinDesk 20 Performance Update: SUI Surges 13.7% as Index Trades Higher from Thursday

Bitcoin Cash (BCH) joined Sui (SUI) as a top performer, rising 7.1%.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

Russian crypto exchange Mosca raided amid cash-to-crypto ban talks

As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have experienced police raids.Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one of its customers, Moscaโ€™s development head Dmitry Titarenko confirmed to Cointelegraph.โ€œLaw enforcement agencies have...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Shiba Inu Breaks Free From Downtrend as Bitcoin Eyes $100K, Dogecoin Sees Accumulation Around 18 Cents

Check what HUMINT and TECHINT has to say about the price trajectory of BTC and major meme coins.

Published on: April 25, 2025 | Source: CoinDesk favicon CoinDesk

US banks are โ€˜free to begin supporting Bitcoinโ€™ โ€” Michael Saylor

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable uplift in Bitcoin (BTC) investor sentiment.The...

Published on: April 25, 2025 | Source: Cointelegraph favicon Cointelegraph