Key Takeaways: State regulators have dropped legal claims against Coinbase over staking, reflecting a move toward rethinking crypto oversight. Similar decisions across states point to a reassessment of enforcement tactics in digital asset management. The change invites discussion on streamlining regulatory rules to foster a more unified national crypto framework. Illinois is preparing to drop…
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Senate Banking Committee Advances Paul Atkins to Lead SEC 13-11
On Thursday, the U.S. Senate Banking Committee voted 13–11 to advance businessman Paul Atkins—former SEC commissioner and President Donald Trump’s nominee—to lead the Securities and Exchange Commission (SEC), as part of wider regulatory reform efforts. Paul Atkins Moves Forward as Trump’s Pick for SEC Chair The committee’s decision on Atkins, who served as SEC commissioner…
BNY Mellon Launches Blockchain Accounting Tool, BlackRock as First Client
Key Takeaways: The tool automates the updating of fund valuations on a secure blockchain, cutting down on manual interventions and third-party reliance. BlackRock’s early use signals a growing trend among established asset managers to integrate digital solutions into traditional finance. This development could prompt the broader financial sector to modernize data systems and boost transparency…
Binance Co-founder CZ Donates 1,000 BNB to Thailand and Myanmar Earthquake Relief Efforts
Binance Co-founder and former CEO Changpeng Zhao (CZ) donated 1,000 BNB tokens (worth about $598,025) on April 3 to help Myanmar and Thailand recover from the recent earthquake. The funds will be split equally between these two Asian nations. Both countries were struck by a magnitude 7.7 earthquake on March 28. The disaster destroyed infrastructure…
Polymarket Bettors Predict Nearly 50% Chance of Recession as Tariffs Hit Markets
Key Takeaways: Nearly half (47%) of Polymarket bettors now predict a U.S. recession in 2025, a sharp rise from 20% at the poll’s start in January. Following Trump’s “Liberation Day” tariffs announcement, the Dow plummeted 1,300 points, with the Nasdaq and S&P 500 also experiencing steep declines. Yale’s Budget Lab estimates that rising price levels…
Trump Sell-off: Bearish Conditions Persist After Tariff Announcement: CryptoQuant
Key Takeaways: Investors moved large amounts of BTC, ETH, and XRP into exchanges before and after Trump’s speech, signaling a strong intent to sell. Bitcoin fell from $88,500 to $83,000, Ethereum dropped 6% to $1,820, and XRP declined 5% after Trump announced tariffs on 100+ countries. CryptoQuant reports Bitcoin open interest dropped from 334K to…
Is Ripple Building the Next USDT? RLUSD Stablecoin Quietly Nears $250M
The new Ripple stablecoin’s market cap has grown fivefold in less than a month as the company has secured key exchange listings. Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating. This Ripple-native stablecoin was launched in December last year as part of an effort to strengthen the blockchain’s…
Will Pi Network Survive This Unlock? Token Nears All-Time Low as Supply Flood Looms
Pi Network has dived by 15% in the past 24 hours, sinking to $0.5645 after Donald Trump’s tariff announcement yesterday sent the crypto market tumbling. This continues a very bad run of form for PI, which is now down by 33% in week and 67% in a month, and not to mention by 81% since…
CZ Calls for Utility-First AI Agents – Crypto Trading Profits Top the List
Former Binance chief Changpeng Zhao, better known as “CZ,” has made it clear: he’s not a fan of AI agents that prioritize token launches over actual utility. CZ emphasizes that a token should only be launched once there’s a product-market fit – in other words, the AI agent should already serve a specific demand in…
Best Meme Coins to Buy Today – 2025’s Dogecoin Killers?
Meme coins exhibit greater volatility compared to traditional assets, often experiencing sharp declines but rebounding quickly when market sentiment shifts. Due to this price instability, meme coins frequently become undervalued during downturns, presenting strong upside potential when momentum returns. This trend is evident now. Over the past 24 hours, the overall cryptocurrency market dipped by…