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Republican States Pause Lawsuit Against SEC Over Crypto Authority
Crypto lobbyists also dropped a lawsuit against the IRS.
Published on: April 16, 2025 | Source:
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Panama City Will Accept Bitcoin, Ethereum as Payment for Public Services
Panama's largest city will allow its citizens to pay for taxes, tickets, fees and permits in Bitcoin, Ethereum, and stablecoins.
Published on: April 16, 2025 | Source:Crypto Bros Argue Trump Policy Shift Means $25M Fraud Case Should Be Tossed
The defendants argue their case should be dropped in part because of a recent DOJ memo outlining new crypto policies under the Trump administration.
Published on: April 16, 2025 | Source:Family offices show stronger preference for Ethereum ETFs over Bitcoin
Family offices and professional investors are allocating spot Ethereum (ETH) and Bitcoin (BTC) exchange-traded products (ETPs) differently, with family offices demonstrating a relatively stronger preference for Ethereum. According to data compiled by Bitwise as of Dec. 31, 2024, family offices and trusts allocate 0.62% of spot Ethereum ETP assets under management (AUM), compared to just [โฆ] The post Family offices show...
Published on: April 16, 2025 | Source:Solana price is up 36% from its crypto market crash lows โ Is $180 SOL the next stop?
Solanaโs native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoinโs rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the...
Published on: April 16, 2025 | Source:Elon Musk's xAI Launches Grok Studio to Challenge ChatGPT With Split-Screen Collaboration
xAI, Elon Musk's AI company, takes aim at competitors with a new canvas-like interface featuring Google Drive integration and code execution.
Published on: April 16, 2025 | Source:Bitcoin rally to $86K shows investor confidence, but itโs too early to confirm a trend reversal
Bitcoin (BTC) remains under pressure as macroeconomic uncertainty continues to weigh on its price action. After making a strong bounce from the local bottom near $75,000 on April 7 and 9, analysts are beginning to question whether BTC could be gearing up for a reversal of the downward trend thatโs persisted since the start of the year.BTC/USD 1-day, RSI 1-week. Source: Marie Poteriaieva, TradingViewFor some, like the...
Published on: April 16, 2025 | Source:Public mining firms sold over 40% of their BTC in March โ Report
Publicly listed Bitcoin miners sold over 40% of the collective coins mined in March, representing the largest monthly BTC liquidation for mining firms since October 2024 and reversing the post-halving trend of accumulating Bitcoin (BTC) for a corporate treasury strategy, according to TheMinerMag, which screened data from 15 publicly traded mining companies.The increased liquidations come amid widespread macroeconomic...
Published on: April 16, 2025 | Source:Fed Chair Powell advocates for stablecoin regulation, signals openness to crypto innovation
Federal Reserve Chair Jerome Powell reiterated the need for a regulatory framework for stablecoins and signaled that the Fed has no intention of limiting the banking sectors interaction with the crypto industry. Speaking at The Economic Club of Chicago on April 16, Powell said both chambers of Congress are revisiting efforts to legislate a stablecoin [โฆ] The post Fed Chair Powell advocates for stablecoin regulation,...
Published on: April 16, 2025 | Source:Fed's Powell reasserts support for stablecoin legislation
As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a โgood idea,โ said US Federal Reserve Chair Jerome Powell.In an April 16 panel at the Economic Club of Chicago, Powell commented on the evolution of the cryptocurrency industry, which has delivered a consumer use case that โcould have wide appealโ following a difficult โwave of failures and frauds,โ he said.Powell delivers...
Published on: April 16, 2025 | Source:Bybit to end multiple Web3 services in strategic pivot
Crypto exchange Bybit announced that it will discontinue a wide range of its Wweb3 products and services by the end of May, according to an April 16 notice. The exchange said the decision is part of a shift in its operational focus as it enters a new phase of growth and innovation. Discontinued services Among [โฆ] The post Bybit to end multiple Web3 services in strategic pivot appeared first on CryptoSlate.
Published on: April 16, 2025 | Source:Trump Ethereum DeFi Project Gets Another Big Investment
Dubai-based DWF Labs has purchased $25 million in WLFI, the native token of the Trump family-backed World Liberty Financial.
Published on: April 16, 2025 | Source:Raydium Debuts Solana Token Launchpad Following Split From Pump.fun
LaunchLab by Raydium is now live, offering a more robust Solana token launchpad following a break with former ally Pump.fun.
Published on: April 16, 2025 | Source:Sam Bankman-Fried's latest California prison once housed Al Capone
Former FTX CEO Sam โSBFโ Bankman-Fried has moved from a transit facility to a California prison that once housed infamous gangster Al Capone.According to the Federal Bureau of Prisons website, officials moved Bankman-Fried from the Federal Transfer Center in Oklahoma City briefly to the Federal Correctional Institution in Victorville before transferring him to a facility in Terminal Island in Los Angeles, California....
Published on: April 16, 2025 | Source:Bitcoin US vs. offshore exchange ratio flashes bullish signal, hinting at BTC price highs in 2025
US-based crypto trading platforms regaining influence over Bitcoinโs (BTC) token transfer volumes could possibly kick-start a rally in the second half of 2025. Bitcoin researcher Axel Adler Jr pointed out that the "US vs. off-shore ratio," which measures token transfer volumes between US-regulated and offshore exchanges, indicated a drop in dominance from US exchanges after BTC reached an all-time high in January....
Published on: April 16, 2025 | Source:Bitcoin Stumbles as Investors Fear Fed Chair Powell Is Slow to React on Rate Cuts
The U.S. central bank has been monitoring the impact of Trumpโs trade war on the labor market and consumer prices.
Published on: April 16, 2025 | Source:Russian Finance Ministry eyes domestic stablecoin to bypass Western infrastructure
Russiaโs Finance Ministry is evaluating the creation of domestic stablecoins pegged to foreign currencies after access to Tetherโs USDT was restricted for wallets linked to the sanctioned Russian exchange Garantex, as Reuters reported. Osman Kabaloev, deputy head of the ministryโs financial policy department, stated that Russian authorities are now โconsidering internal tools similar to USDT,โ [โฆ] The post Russian...
Published on: April 16, 2025 | Source:Auradine raises $153M, debuts business group for AI data centers
Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding round. The new capital will go to increasing the companyโs product suite of infrastructure for AI and blockchain technology.The Series C round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst...
Published on: April 16, 2025 | Source:Trump Meme Coin Team Withdraws $4.6M to Coinbase Ahead of $309M Token Unlock
Ahead of a massive token unlock on Thursday, the TRUMP meme coin team withdrew $4.6 million worth of USDC from a liquidity pool.
Published on: April 16, 2025 | Source:Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear
"We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," said Powell of the effect of the Trump tariffs.
Published on: April 16, 2025 | Source:OpenAIโs New 'o' Series Is a Giant Leap Toward Multimodal AI Assistants
OpenAI lays the groundwork for the agentic layer of AIโthose smarter-than-smart assistants that not only talk and write but observe, act, and autonomously handle tasks.
Published on: April 16, 2025 | Source:Court grants 60-day pause of SEC, Ripple appeals case
An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations.In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance โ temporarily pausing the case โ for 60 days. As part of the order, the SEC is...
Published on: April 16, 2025 | Source:Securitize manages $38B with acquisition of MG Stover admin business
Tokenization company Securitize has expanded its digital asset operations by acquiring MG Stoverโs fund administration business, in a move the company said has significantly grown its assets under management and ability to serve institutional clients.With the acquisition, MG Stoverโs fund administration business has been absorbed into Securitize Fund Services, Securitizeโs wholly owned subsidiary, the company...
Published on: April 16, 2025 | Source:South Korea Presidential Candidate Wants to Use Trump Playbook to Relax Crypto Regulations
Candidate Hong Joon-pyo promised to elevate virtual assets into a fully recognized industry and introduce the technology into public services.
Published on: April 16, 2025 | Source:Almost Nobody in Colorado Is Paying Taxes With Crypto
Just $57,000 of the $11 billion collected in income tax in Colorado since 2022โ0.0005%โwas paid using crypto.
Published on: April 16, 2025 | Source:Auradine Raises $153 Million for Bitcoin, AI Businesses
The U.S.-based Bitcoin mining firm has raised more than $300 million in total capital from its investors.
Published on: April 16, 2025 | Source:World Liberty Financial eyes global expansion as DWF Labs acquire $25 million of its token
World Liberty Financial (WLFI), a DeFi initiative linked to US President Donald Trump, has secured a $25 million investment from DWF Labs as it expands internationally. On April 16, the crypto market maker revealed that it acquired $25 million worth of WLFIโs governance tokens as part of its expansion into the US market. According to [โฆ] The post World Liberty Financial eyes global expansion as DWF Labs acquire $25...
Published on: April 16, 2025 | Source:CoinDesk Announces Eric Trump as a Headline Speaker at Consensus 2025
The presidentโs son will discuss his mining venture American Bitcoin alongside Asher Genoot, Chief Executive Officer of Hut 8.
Published on: April 16, 2025 | Source:Market maker deals are quietly killing crypto projects
The right market maker can be a launchpad for a cryptocurrency project, opening the door to major exchanges and providing valuable liquidity to ensure a token is tradeable โ but when the wrong incentives are baked into the deal, that market maker can become a wrecking ball.One of the most popular and misunderstood offerings in the market-making world is the โloan option model.โ This is when a project lends tokens to a...
Published on: April 16, 2025 | Source:Crypto dips, China open to Tariff talks, Nvidia faces chip ban
Crypto dips, China open to Tariff talks, Nvidia faces chip ban FOMO HOUR EP338 BTC falls below 200D MA in bearish sign. BTC correlation to stocks nearly 0. BTC miners are main sellers amid higher costs. US may purchase BTC with tariff revenue. Oklahoma BTC reserve bill fails to pass. Semler Scientific to raise $500m to buy BTC. Metaplanet issues $10m bonds to buy BTC. XRP ETFs may be the next SEC approved product....
Published on: April 16, 2025 | Source:Ethereum Is What Bitcoin Was Meant to Be
The other major cryptocurrency is becoming the global settlement layer for on-chain assets, says Advantage Blockchainโs Alec Beckman.
Published on: April 16, 2025 | Source:Bitcoin Steadies but Coinbase Analyst Sees Crypto Winter Brewing on Tariffs
The presidentโs trade war has yielded persistent headwinds for risk assets, Coinbaseโs global head of research noted.
Published on: April 16, 2025 | Source:Bitcoin tipped for 2023-style rebound as Goldman says dollar 'overvalued'
Bitcoin (BTC) centered on $84,000 at the April 16 Wall Street open amid hopes that a weak US dollar would fuel a bull market comeback.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin analysis calls for 2023 rally repeatData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after a swift comedown from local highs the day prior.That volatility had accompanied ongoing developments...
Published on: April 16, 2025 | Source:Institutions Drive Bitcoin Dominance: Q1 2025 Crypto Market Analysis
A report by CoinDesk Indices provides a detailed analysis of the crypto marketโs recent performance and the significant shift being driven by institutions. Dive into the results with CoinDeskโs Joshua de Vos and Jacob Joseph.
Published on: April 16, 2025 | Source:Bitcoin Miners With HPC Exposure Underperformed in First Two Weeks of April: JPMorgan
MARA Holdings and CleanSpark outperformed BTC, while miners with exposure to high-performance computing, such as Bitdeer, TeraWulf, IREN and Riot Platforms underperformed.
Published on: April 16, 2025 | Source: