Day

April 17, 2025

Wyoming commission floats whether stablecoin is 'covered' by SEC rules

April 17, 20250
The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC).In an April 17 meeting in the extension of the Wyoming Capitol building, Commissioner Joel Revill suggested the body...

XRP: Why it’s outperforming altcoins — and what comes next

April 17, 20250
Over the past year, most altcoins have struggled to keep up with Bitcoin, but one project is breaking away from the pack: XRP.While other tokens have stagnated or slid, XRP (XRP) has surged more than 300% in just six months against Bitcoin (BTC) to quickly become one of the best-performing assets in the crypto space....

Digital Currency Group CEO Barry Silbert says he should have just held BTC

April 17, 20250
Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.During an April 17 appearance on Raoul Pal’s Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once...

TWAP vs. VWAP in crypto trading: What’s the difference?

April 17, 20250
Algorithmic trading strategies in crypto Algorithmic trading has become a go-to for many traders as it lets you automate trades based on specific rules — no emotions, no hesitation, just pure logic. These strategies can scan markets 24/7, react instantly to price movements, and handle large volumes way faster than a human ever could.Some common...

Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

April 17, 20250
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show. The...

Cash-based crypto can enable financial inclusion for billions

April 17, 20250
Opinion by: Alexander Guseff, founder and CEO of TectumCrypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to overlook...

How Mantra’s OM token collapsed in 24 hours of chaos

April 17, 20250
Mantra’s OM token collapsed by more than 90% overnight, and the crypto world can’t agree on why. On April 13, OM’s price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry.The sudden crash drew comparisons to Terra’s LUNA implosion as...

Eliza Labs launches auto.fun, a no-code AI spin on Pump.Fun

April 17, 20250
Eliza Labs, the developer behind the AI agent framework ai16z, announced the launch of auto.fun, a new no-code platform allowing users to launch AI agents on Web3 applications.Auto.fun allows for the creation, deployment and monetization of AI agents by non-developers without programming knowledge, according to an April 17 announcement.The platform supports the creation of AI...

Bitcoin price levels to watch as Fed rate cut hopes fade

April 17, 20250
Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $86,000 on April 16 as  Fed Chair Jerome Powell dashed hopes of early rate cuts, citing the impact of Trump’s tariffs.Since April 9, BTC price has formed daily candle highs between $75,000 and $86,400, but has been unable to produce a close above $86,000.BTC/USD...

How Meta’s antitrust case could dampen AI development

April 17, 20250
Meta, the parent company of Facebook, Instagram, WhatsApp and Messenger, is facing antitrust proceedings that could limit its ability to develop AI amid a field of competitors.First filed in 2021, the Federal Trade Commission (FTC) alleges that Meta’s strategy of absorbing firms — rather than competing with them — violates antitrust laws. If the court...
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