Blogs

26
Apr

Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis

United States Senator Cynthia Lummis suggests the crypto industry may be celebrating too soon over the US Federal Reserve softening its crypto guidance for banks.“The Fed withdrawing crypto guidance is just noise, not real progress,” Lummis said in an April 25 X post. Lummis called the Fed’s April 24 announcement — withdrawing its 2022 supervisory...
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26
Apr

Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks

Spot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.On April 25, the 11 spot Bitcoin (BTC) ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over five consecutive inflow...
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26
Apr

Bitcoiner Jack Mallers assures Strike investors, Twenty One won’t distract

Strike CEO Jack Mallers said his new role as CEO of Bitcoin treasury firm Twenty One Capital won’t distract him from heading Strike, revealing the platform processed over $6 billion in volume in 2024.“This is not a shift in my commitment; it’s an extension of it,” Mallers said in an April 25 letter to Strike...
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25
Apr

Price predictions 4/25: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points:Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000.Institutional investor demand is back, suggesting that the bearish trend could be over.Select altcoins could break above their respective overhead resistance levels if Bitcoin remains strongBitcoin (BTC) bulls are trying to sustain the price above $95,000, but they are likely to face...
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25
Apr

Traders still offloading TRUMP holdings after dinner announcement — Nansen

Though the identities of many of the top holders of US President Donald Trump’s memecoin were still unknown, blockchain data showed significant outflows over the past seven days — during which time he announced a dinner and White House tour for certain tokenholders. According to data from blockchain analytics firm Nansen as of April 25, the...
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25
Apr

Semler Scientific buys another $10M worth of BTC

Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement. The company purchased 111 Bitcoin (BTC) for $10 million at an average price of roughly $90,000 per coin, Semler said. It holds a total of more than 3,300 Bitcoin worth approximately $300 million...
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25
Apr

Stripe opens testing for new stablecoin product following Bridge acquisition

Stripe, a global payments platform, is building a new US dollar stablecoin product for companies based outside the United States, the United Kingdom and Europe in a move that may further expand the footprint of the dollar around the world.Stripe CEO Patrick Collison confirmed the product on X, posting an invitation for companies interested in...
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25
Apr

Crypto Biz: Cantor Fitzgerald crypto play, ETF inflows highlight industry’s big sentiment shift

US President Donald Trump’s first 90 days in office have been miserable for Bitcoin (BTC) and the broader cryptocurrency industry. Despite positive regulatory developments, culminating in the first-ever White House crypto summit on March 7, digital asset prices have been dragged down by the currents of trade war and fear of recession.However, crypto saw a...
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25
Apr

SEC chair suggests 'huge benefits' in agency's third crypto roundtable

In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and...
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25
Apr

Nasdaq urges SEC to treat certain digital assets as 'stocks by any other name'

Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter. The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion of...
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25
Apr

Crypto firms launch Wall Street-style funds: Finance Redefined

Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets.With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen, CEO...
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25
Apr

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,...
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