On:

Bitwise Asset Management is set to close and liquidate two of its ETFs, the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSE:BTOP) and the Bitwise Web3 ETF (NYSE:BWEB), after the niche strategies failed to garner investor interest.

Both funds will see their last day of trading and final opportunity for creation unit purchases fall on May 21. The funds’ final net asset value (NAV) will be calculated on May 28, with liquidation proceeds expected to be distributed to shareholders around May 29. Investors holding shares beyond the trading deadline will have their positions automatically redeemed for cash based on NAV.

The closures come as …

Full story available on Benzinga.com

This post was originally published here

On:

Bitwise Asset Management is set to close and liquidate two of its ETFs, the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSE:BTOP) and the Bitwise Web3 ETF (NYSE:BWEB), after the niche strategies failed to garner investor interest.

Both funds will see their last day of trading and final opportunity for creation unit purchases fall on May 21. The funds’ final net asset value (NAV) will be calculated on May 28, with liquidation proceeds expected to be distributed to shareholders around May 29. Investors holding shares beyond the trading deadline will have their positions automatically redeemed for cash based on NAV.

The closures come as …

Full story available on Benzinga.com

This post was originally published here

On:

A new survey on cryptocurrency policies details that President Donald Trump’s stance on cryptocurrency is increasingly called into question by the public.

Public Trust In Crypto Oversight Declines

A CoinDesk poll, which surveyed 1,000 U.S. voters, found that 62% do not trust Trump’s administration to oversee the crypto industry.

While Trump has advocated for more crypto-friendly policies, respondents expressed broader concerns about governance and conflicts of interest in the sector.

A key issue highlighted in the survey is the overlap between public office and private crypto ventures.

About 73% of respondents opposed government officials having personal financial ties to crypto projects.

Nearly half …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin is back above $80,000 level, notably outperforming stocks on Monday.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $80,309.65
Ethereum (CRYPTO: ETH) $2,365.61
Solana (CRYPTO: SOL) $84.73
XRP (CRYPTO: XRP) $1.40
Dogecoin (CRYPTO: DOGE) $0.1108
Shiba Inu (CRYPTO: SHIB) $0.056217

Notable Statistics:

  • Coinglass data shows 121,511 traders were liquidated in the past 24 hours for $542.80 million.       
  • SoSoValue data shows net inflows of $629.7 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $101.2 million.
  • In the past 24 hours, top gainers include SKYAI, Dash and siren.

Notable Developments:

Full story available on Benzinga.com

This post was originally published here

On:

Hut 8 Corp (NASDAQ:HUT) shares slipped on Monday after the company announced a $200 million Bitcoin-backed credit facility with FalconX, even as the move lowers its cost of debt.

$200 Million Credit Facility

The 364-day facility replaces Hut 8’s prior agreement with Coinbase Credit and carries a fixed interest rate of 7.0%, down from 9.0%.

Earlier terms had ranged between 10.5% and 11.5%, marking a cumulative reduction of up to 450 basis points.

Improved Liquidity And Structure

The refinancing also releases approximately 3,300 BTC from collateral, valued at about $260 million as of May 1, 2026, improving liquidity.

The structure includes protections such as limited recourse to pledged Bitcoin, a no-rehypothecation covenant, and fixed loan-to-value thresholds.

Strategic Balance Sheet Impact

Hut 8 said the transaction supports its strategy to lower borrowing costs, reduce risk, and enhance financial flexibility.

CEO Asher Genoot said, “Our capital strategy is designed to lower our cost of capital, reduce risk, …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin (CRYPTO: BTC) crossed $80,000 Monday as Senate Banking Committee chairman Tim Scott (R-SC) declared the CLARITY Act is in the “red zone.”

Scott Targets May Markup, June Vote

Scott told Fox Business he hopes to hold a markup of the CLARITY Act in May and bring the bill to the Senate floor in June or July. 

The legislation passed the House in July 2025 but stalled in the Senate as banks and stablecoin companies fought over stablecoin yield.

Sens. Thom Tillis (R-NC) and Angela Alsobrooks (D-NY) hammered out a compromise late last week that allows crypto firms to offer stablecoin yield, provided rewards are not “economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit.”

Meanwhile, Coinbase (NASDAQ:COIN) and Circle (NYSE:CRCL) stock …

Full story available on Benzinga.com

This post was originally published here

On:

Coinbase Global, Inc. (NASDAQ:COIN) shares rose on Monday, supported by positive sentiment in the cryptocurrency market and policy developments.

• Coinbase Global shares are powering higher. Why is COIN stock surging?

Stablecoin Policy Support

The move follows news that Coinbase is backing a Senate compromise on stablecoin rewards that could revive the stalled CLARITY Act.

The proposal would restrict rewards that resemble bank deposit interest while allowing incentives tied to actual crypto platform activity, with the Department of the Treasury and Commodity Futures Trading Commission set to define the rules.

The compromise addresses a key dispute between banks and crypto firms over stablecoin yields.

Coinbase Chief Policy Officer Faryar Shirzad said the agreement preserves “the ability for Americans to earn rewards based on real usage of crypto platforms and networks.”

Also Read: Coinbase CEO Brian Armstrong Says ‘Mark It Up’ After Reported Compromise On Clarity Act’s Stablecoin Yields Clause

Full story available on Benzinga.com

This post was originally published here

On:

World Liberty Financial (CRYPTO: WLFI) sued Justin Sun for defamation Monday as WLFI surged more than 20% in three days.

The Short-Selling Accusations

World Liberty filed the lawsuit in Florida state court, claiming Sun funded a deliberate short-selling campaign to suppress WLFI’s price when the token launched in September.

The company froze Sun’s token position to prevent further harm, citing rights outlined in his unlock agreement.

Sun began privately threatening litigation afterward, allegedly claiming his lawsuit would “light World Liberty on fire” and cause WLFI’s price to “go to shit.” 

World Liberty argues Sun then launched a coordinated media smear campaign.

The company accused Sun of hiring social media influencers and deploying bot accounts to amplify accusations. Sun labeled company leaders, including several Trump family members, as “bad actors” …

Full story available on Benzinga.com

This post was originally published here

On:

Iran’s largest cryptocurrency exchange, Nobitex, is facing increased scrutiny from regulators and policymakers after continuing operations during wartime, raising concerns about its role in global financial flows.

A Key Channel Beyond Sanctions

Nobitex is widely seen as a central component of Iran’s parallel financial system, enabling users to access global markets despite Western sanctions.

The platform reportedly handles about 70% of the country’s crypto activity and claims to serve roughly 11 million users.

Analysts say the exchange provides a bridge between domestic users and international crypto markets, helping individuals navigate inflation and limited access to traditional banking services.

However, investigations cited by Reuters suggest that …

Full story available on Benzinga.com

This post was originally published here

On:

A Ripple-linked initiative is positioning itself as a potential bridge between traditional finance and XRP (CRYPTO: XRP), but its success may depend on execution and broader market conditions.

‘Strategy-Like’ Model For XRP Exposure

Speaking at a live event in Las Vegas, Ashish Birla of EvernorthXRP outlined plans to offer investors equity-style exposure to XRP through a proposed ticker, XRPN.

The model is like Strategy’s Bitcoin (CRYPTO: BTC) treasury approach, but with an added layer of active management.

Rather than simply holding XRP, Evernorth aims to deploy its holdings into yield-generating strategies over time. …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin’s climb back above $80,000 may look like a clean breakout, but the broader market signals suggest a more complicated story brewing beneath the surface.

While fresh inflows into spot Bitcoin ETFs have helped fuel the latest move, recent market data shows that institutional demand hasn’t been consistently bullish. In fact, Bitcoin lagged equities for much of 2026, with BTC-USD down almost 11% this year so far, as against S&P 500’s 5% gains.

The cryptocurrency even saw periods of ETF outflows in the past couple of weeks, according to data from Farside Investors, despite strong “risk-on” sentiment in stocks, highlighting a disconnect between crypto and traditional markets.

data-variant=”card”
data-news-mode=”manual”

>


Read Also:

Bitcoin, XRP Flat, While Ethereum, Dogecoin Spike After Trump’s ‘Project Freedom’ Announcement: Why This Analyst Suggests BTC’s Bottom Is Here

This post was originally published here

On:

Coinbase (NASDAQ:COIN) is backing a Senate compromise on stablecoin rewards that could revive the CLARITY Act after months of stalemate.

The Stablecoin Rewards Compromise

The new language bans rewards on stablecoins if they are “economically or functionally equivalent” to bank deposits while preserving incentives tied to actual crypto platform activity.

The Treasury Department and CFTC would issue a rulemaking to determine that equivalency standard. 

The rulemaking would address specifics of what crypto companies’ rewards and staking programs need to include to pass the threshold.

This provision addresses one of the main issues that stalled the bill in the Senate: whether crypto firms can reward users for holding stablecoins. 

Banks warned that stablecoin rewards could pull deposits away from regulated lenders if users can earn yield-like rewards on dollar tokens through crypto platforms.

Why Banks And Crypto Firms Were Fighting

Banks …

Full story available on Benzinga.com

This post was originally published here

On:

Strategy Inc. (NASDAQ:MSTR) chairman Michael Saylor announced no Bitcoin (CRYPTO: BTC) purchases this week but analyst Taiki Maeda expects $2 billion to $3 billion in buying over the next two weeks via STRC.

The Ex-Dividend Buying Pattern

Ahead of the March 13 ex-dividend date, Strategy accumulated $1.54 billion in Bitcoin with steady, spread-out purchases. The largest single-day buy hit $402 million on March 12.

The April cycle accelerated dramatically. Ahead of the April 15 ex-dividend date, total purchases jumped to $3.47 billion. 

Buying compressed into the final days with $416 million on April 10, $922 million on April 13, and $1.21 billion on April 14.

Analyst Expects $2B-$3B Next Wave

Maeda believes the aggressive accumulation pattern continues through the next ex-dividend cycle.

“I’m expecting Saylor …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin (CRYPTO: BTC) climbed back above the key $80,000 level on Monday for the first time in three months, supported by renewed capital inflows and improving market sentiment.

Bitcoin ETF Inflows Fuel Price Surge

Data from DefiLlama shows $630 million flowed into spot bitcoin ETFs on the first day of May, extending a streak that helped make April the strongest month since October. The report also pegged Bitcoin’s gain at 19% over the past month.

iShares Bitcoin Trust (NASDAQ:IBIT) pulled in $284.4 million in capital on May 1, followed by inflows of $213.4 million in Fidelity Wise Origin Bitcoin Trust (BATS:FBTC), and $88.5 million in ARK 21Shares Bitcoin ETF (BATS:ARKB). All these funds seek to track Bitcoin’s price.

IBIT is the largest of the three …

Full story available on Benzinga.com

This post was originally published here

On:

A leading cryptocurrency analyst predicted on Monday a bullish breakout for Ethereum (CRYPTO: ETH) if it closes above the crucial resistance at $2,375.

Why The Level Holds Significance

In an X post, Ali Martinez highlighted ETH testing the upper resistance of a descending 4-hour channel at $2,375, a level that previously triggered rejections.

“Failure to clear this barrier could trigger a retracement to the channel’s lower boundary, currently near $2,210,” Martinez projected. “However, if ETH gains the strength to print a daily close above the $2,375 resistance, a 7% bullish breakout could follow, targeting the next structural high at $2,550.

Martinez added that repeated tests weaken resistance.

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin trades around $79,000 as Bitcoin ETFs saw $629.7 million in net inflows on Friday, while Ethereum ETFs reported $101.22million in net outflows.    


Cryptocurrency
Ticker
Price
Bitcoin (CRYPTO: BTC) $78,992
Ethereum (CRYPTO: ETH) $2,339
Solana (CRYPTO: SOL) $83.38
XRP (CRYPTO: XRP) $1.38
Dogecoin (CRYPTO: DOGE) $0.1092
Shiba Inu (CRYPTO: SHIB) $0.056165

Meme coin market capitalization is trading 1.6% higher over the past 24 hours.

Trader Commentary: 

Crypto trader Jelle said Bitcoin’s historical cycle structure suggests major market …

Full story available on Benzinga.com

This post was originally published here

On:

Strategy Inc. (NASDAQ:MSTR) is set to report financials for the first quarter after the market close on Tuesday. Here’s what you need to know before the announcement.

Strategy To Report Loss?

Analysts estimate the Bitcoin (CRYPTO: BTC) treasury company to report a loss of $15.87 per share, a marked reversal from a profit of $16.36 per share in the previous quarter.

The company is forecast to announce quarterly revenue of $124.97 million, representing a 12.5% year-over-year increase.

The MSTR stock has a consensus price target of $401.06 from 19 analysts, with the highest forecast of $705 issued by Benchmark in August last year. The latest rating by Cantor Fitzgerald raised the price target from $192 to $212, while the previous one by TD Cowen slashed it from $440 to $350.

data-variant=”card”
data-news-mode=”manual”

>


Read …

This post was originally published here

On:

Renowned investor Peter Schiff on Sunday doubled down on his statement about Strategy Inc.‘s (NASDAQ:MSTR) preferred stock being “the most obvious” Ponzi scheme.

Schiff’s Jibe At Strategy CEO’s Defense

In an X post, Schiff likely referenced Strategy CEO Phong Le’s interview on the Paul Barron show dated April 24, where he defended the firm’s Perpetual Stretch Preferred Stock (NASDAQ:STRC) offering as “transparent.”

“We are taking the proceeds of Stretch and putting it into Bitcoin, right? It’s not like we’re taking the proceeds, and we’re then using those proceeds to pay out dividends,” Le said. “So, it’s very clear what we’re doing with the proceeds.”

However, the response failed to impress Schiff.

“But I never accused Strategy of hiding the scheme. In contrast, I called STRC the most obvious Ponzi precisely because MSTR is so open about it,” Schiff said.

Strategy didn’t immediately return Benzinga’s request for comment.

Full story available on Benzinga.com

This post was originally published here

On:

Stockholm, 4th of May 2026 – Virtune AB (Publ) (“Virtune”) today announces that it has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm, Nasdaq Helsinki and Xetra (ISIN code SE0023260716).

In addition to the Virtune Crypto Altcoin Index ETP, Virtune’s product portfolio includes:

Virtune Bitcoin ETP
Virtune Staked Ethereum ETP
Virtune Stellar ETP
Virtune Staked Solana ETP
Virtune Staked Polkadot ETP
Virtune XRP ETP
Virtune Avalanche ETP
Virtune Litecoin ETP
Virtune Chainlink ETP
Virtune Arbitrum ETP
Virtune Polygon ETP
Virtune Staked Cardano ETP
Virtune Crypto Top 10 Index ETP SEK
Virtune Crypto Top 10 Index ETP EUR
Virtune Bitcoin Prime ETP
Virtune Coinbase 50 Index ETP
Virtune Staked Near ETP
Virtune Sui ETP
Virtune Stablecoin Index ETP
Virtune Bittensor ETP
Virtune BNB ETP
Virtune Hyperliquid ETP

Index allocation as of 30th April (before rebalancing)

Chainlink: 10.52%
Litecoin: 10.40%
Stellar: 10.18%
Avalanche: 10.16%
Sui: 9.98%
BNB: 9.92%
XRP: 9.91%
Cardano: 9.68%
Bitcoin Cash: …

Full story available on Benzinga.com

This post was originally published here

On:

Large investors piled into Dogecoin (CRYPTO: DOGE), leading to the sharp rally during Sunday’s overnight trading.

Are Whales Driving The Surge?

Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post that whales accumulated 160 million DOGE tokens in the last 96 hours. The accumulation totaled roughly $18 million at prevailing prices.

Institutions Snap Up DOGE

Spot exchange-traded funds rode the bullish wave, as the Grayscale Dogecoin Trust ETF (NYSE:GDOG), 21Shares Dogecoin ETF (NASDAQ:TDOG), and Bitwise Dogecoin ETF

Full story available on Benzinga.com

This post was originally published here

On:

(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.)

U.S. stock futures shed earlier losses to advance on Friday morning, following Thursday’s record advances following mega-cap earnings.

Meanwhile, the Donald Trump administration leveraged the three-week-old ceasefire to avoid a congressional 60-day deadline under the War Powers Resolution to withdraw troops from Iran.

Meanwhile, the 10-year Treasury bond yielded 4.39%, and the two-year bond was at 3.89%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

Index Performance (+/-)
Dow Jones 0.43%
S&P 500 0.30%
Nasdaq 100 0.01%
Russell 2000 0.24%

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.37% at $721.32, while the QQQ advanced 0.12% to $668.53.

data-variant=”banner”
data-news-mode=”manual”

>


Read Also:

Will S&P 500 Open Up Or Down On May 1 After Best Month Since 2020?

This post was originally published here

On:

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong backed legislative advancement of the Clarity Act following a reported compromise on the contentious issue of stablecoin yields.

Armstrong Gives Thumbs-Up

Armstrong quoted the X post of Faryar Shirzad, Coinbase’s Chief Policy Officer, about the release of “final rewards language” in the CLARITY Act, replying, “Mark it up.”

Shirzad drew his comments from a report by Punchbowl News, which had access to the compromise text. The report stated that cryptocurrency firms would be banned from offering rewards that are “economically or functionally equivalent” to deposit interest.

The new text, finalized by Sens. Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.), directs regulators to propose “a new series of stablecoin regulations,”including the development of a new stablecoin disclosure regime and a list of permissible reward activities.

Armstrong’s comment carried weight, given that it was Coinbase that withdrew its support for the key cryptocurrency legislation in January over the stablecoin yield issue. As a result, the markup was postponed indefinitely.

“In the end, the banks were able to get more restrictions on rewards, but we …

Full story available on Benzinga.com

This post was originally published here

On:

By JBizNews Desk | Monday, May 4, 2026

Bitcoin crossed $80,000 in early Asian trading Monday for the first time in more than three months, as risk appetite returned across global markets and gave crypto investors the catalyst they had been waiting for since the Iran war began upending financial markets in late February.

Bitcoin rose above $80,000 as Asian stocks approached record highs, with South Korea’s KOSPI already trading at all-time highs Monday, extending its best monthly gain since 1998 in April. Oil and crypto markets posted contrasting reactions to President Donald Trump’s “Project Freedom” announcement — crude benchmarks saw modest declines while Bitcoin rallied sharply. Brent crude slipped 0.16% to $108 a barrel.

How Bitcoin Got Here

The path to $80,000 has been defined almost entirely by the Iran war and the diplomatic signals surrounding it. Bitcoin fell to roughly $62,000 in February when the conflict erupted and the Strait of Hormuz closed, wiping out months of gains and triggering more than $6 billion in spot Bitcoin ETF outflows between November 2025 and February 2026.

Each credible diplomatic signal since then has produced a rapid repricing in Bitcoin, while setbacks reversed gains just as quickly. When a brief U.S.-Iran ceasefire was announced in early April, Bitcoin surged more than 4% to briefly exceed $72,000, with about $427 million in crypto short positions liquidated within 48 hours. April became the strongest month for Bitcoin ETF inflows this year, with roughly $2.44 billion entering the market over the first three weeks.

Morgan Stanley launched its MSBT spot Bitcoin ETF on April 8, 2026 — the first such product from a major U.S. bank — drawing $34 million in day-one inflows. The bank’s roughly 16,000 financial advisors, overseeing $9.3 trillion in client assets, now have a proprietary Bitcoin vehicle to offer clients, a structural shift analysts say is broadening institutional participation.

What the $80,000 Level Means

The $80,000 level carries more than psychological significance. Bitcoin’s 200-day moving average sits near $82,228 — a level it has not closed above since October 2025. A sustained move above that threshold would mark the first meaningful trend reversal since February, signaling to institutional investors that the Iran-driven macro overhang may be easing.

Bitcoin spot ETFs recorded approximately $471 million in net inflows on April 6 — the strongest single day since late February — led by BlackRock’s IBIT, Fidelity’s FBTC, and Ark Invest’s ARKB. Flat-to-negative funding rates indicated the rally was driven primarily by spot demand rather than leveraged speculation, a sign analysts view as more sustainable.

The Risk That Remains

The move above $80,000 remains fragile. Ebrahim Azizi, a senior Iranian lawmaker, warned Monday that any U.S. interference in the Strait of Hormuz would be treated as a violation of the current ceasefire. “The Strait of Hormuz and the Persian Gulf would not be managed by Trump’s delusional posts,” he said, underscoring the geopolitical tension still hanging over markets.

If the ceasefire holds and oil prices retreat below $90, analysts say Bitcoin could continue to rally alongside broader risk assets. But a renewed escalation — particularly if Brent crude climbs toward $130 — could trigger another sharp sell-off. Bitcoin has shown roughly 85% correlation with the Nasdaq-100 during oil price spikes in 2026, reinforcing its role as a high-beta risk asset rather than a traditional safe haven in the current environment.

For now, the break above $80,000 marks both a milestone and a test. Whether it holds may depend less on crypto fundamentals than on developments in a narrow stretch of water in the Middle East over the coming days.

— JBizNews Desk

© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.

On:

Cryptocurrency markets held steady as stock futures jumped Sunday, driven by fresh developments in the U.S.–Iran conflict following President Donald Trump’s “Project Freedom” announcement.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:35 p.m. EDT)
Bitcoin (CRYPTO: BTC) +0.88% $78,907.12
Ethereum (CRYPTO: ETH)
               		 +1.21% $2,233.16
XRP (CRYPTO: XRP)                          +0.84% $1.39
Solana (CRYPTO: SOL)                          +0.51% $84.26
Dogecoin (CRYPTO: DOGE)              +3.76% $0.1119

Overnight Spike For Crypto Market

Bitcoin picked up momentum late in the evening, climbing to an intraday high of $79,400 as bulls set their sights on a breakout above $80,000.

Ethereum also gained but faced resistance from the bears at $2,250. Dogecoin was up over 3.70% in the last 24 hours.

Over $160 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.

Open interest in Bitcoin futures rose 1.80% over the last 24 hours to $58.44 billion. However, both retail and whale traders on Binance derivatives continued to lean bearish on the asset.

“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:35 p.m. EDT)
Tagger (TAG)       +50.61%     $0.001665
LAB (LAB)                    +36.66%     $2.38
BUILDon (B)             +22.63%     $2.00

The global cryptocurrency market capitalization stood at $2.57 trillion, up 0.29% …

Full story available on Benzinga.com

This post was originally published here

On:

This week was a whirlwind of news in the world of finance and cryptocurrency. From political figures raising concerns about crypto ties to companies leveraging Bitcoin reserves for funding, the stories were as diverse as they were intriguing.

Let’s dive into the top five stories that made headlines.

Elizabeth Warren Questions Trump Family’s Crypto Ties

Senator Elizabeth Warren (D-Mass.) expressed concerns about the alleged connections between the Trump family’s cryptocurrency company, World Liberty Financial, and a venture reportedly linked to sanctioned individuals. The senator’s concerns were based on a Wall Street Journal report that highlighted the company’s deployment of a USD1 stablecoin on a lesser-known blockchain network, AB Chain, in November 2025.

Read the full article here.

Riot Platforms Leverages Bitcoin Reserve For Funding

Riot Platforms’ VP, Chung, revealed during the company’s first-quarter earnings call that the firm’s Bitcoin holdings were the “most capital-efficient source of funding” for its data center business. The company managed to fund its CapEx through a disciplined sale of a portion of its …

Full story available on Benzinga.com

This post was originally published here

On:

Venture capitalist and entrepreneur Erik Finman made a bet with his parents that if he became a millionaire by 18, they wouldn’t force him to college. He won eventually, all thanks to Bitcoin (CRYPTO: BTC).

The Journey To A Million In BTC

When Finman was just 12, his grandmother gave him $1,000 for college savings, which he instead put into Bitcoin. This was back in 2011, when Bitcoin hovered around $10, fetching him nearly 100 BTC.

“I kept buying and growing, and you make your best to predict,” Finman said in a podcast in November 2025. “A lot of it was, you know, just doing what I could as a teenager to pull in money.”

Bitcoin then showed its magic, skyrocketing to $16,000 by 2017. Finman was 18 by then and officially became a millionaire.

Full story available on Benzinga.com

This post was originally published here

On:

(Editor’s note: This story has been updated to include the White House’s response)

Sen. Elizabeth Warren (D-Mass.) raised concerns on Wednesday about the reported links between the Trump family’s cryptocurrency company, World Liberty Financial, and a venture allegedly linked to sanctioned individuals.

WLFI’s Links With AB Chain Under Scanner

In an X post, Warren pointed to a Wall Street Journal report highlighting World Liberty Financial’s USD1 stablecoin deployment on a little-known blockchain network called AB Chain back in November 2025.

The report subsequently highlighted how AB promoted a planned “blockchain theme resort in Timor-Leste, a Southeast Asian nation, to advance blockchain technology and philanthropic initiatives.

However, a subsequent investigation revealed that the planned resort involved individuals later sanctioned by the U.S. Treasury amid a crackdown on Cambodia’s Prince Group—a conglomerate accused of running one of the world’s largest online scam operations.

Notably, the investigation by the Guardian and Organised Crime and Corruption Reporting Project found no evidence directly connecting AB to the Prince Group or that illicit funds flowed into the resort project. The sanctioned individuals were also removed from the project.

This post was originally published here

On:

Strike CEO Jack Mallers announced a $2.1 billion credit facility from Tether (CRYPTO: USDT) to power Bitcoin-backed loans and unveiled volatility-proof loans that prevent liquidations regardless of price swings.

The Volatility-Proof Loan Changes Everything

Mallers revealed Strike’s most requested feature at Bitcoin 2026 in Las Vegas: loans where customers cannot get liquidated no matter what happens to Bitcoin’s (CRYPTO: BTC) price.

Customers told Strike they feared price wicks down and liquidations more than anything else. 

They wanted to pay a fee and guarantee that no one would touch their Bitcoin, regardless of volatility.

Strike built that product in partnership with Tether. The volatility-proof loan rolls out first to private clients who reach out to private@strike.me, then expands to all customers in the app within weeks or months. 

Strike also lowered loan pricing to as low as 7.49% and now offers Bitcoin-backed loans and lines of credit …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin is up to $78,000 as strength in the stock market is lifting risk sentiment.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $78,496.62
Ethereum (CRYPTO: ETH) $2,306.89
Solana (CRYPTO: SOL) $84.12
XRP (CRYPTO: XRP) $1.39
Dogecoin (CRYPTO: DOGE) $0.1087
Shiba Inu (CRYPTO: SHIB) $0.056337 

Notable Statistics:

  • Coinglass data shows 78,930 traders were liquidated in the past 24 hours for $285.59 million.
  • SoSoValue data shows net inflows of $14.8 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $23.6 million.
  • In the past 24 hours, top gainers include Zcash, Humanity …

Full story available on Benzinga.com

This post was originally published here

On:

Growing inflows into spot crypto ETFs signal steady accumulation by traditional investors, according to 21Shares Investment Strategist Adrian Fritz.

Gradual Institutional Adoption

In a Apr.27 CoinDesk interview, Fritz noted that spot Bitcoin (CRYPTO: BTC) ETFs have attracted about $1.1 billion in inflows year to date, despite ongoing geopolitical tensions.

He said participation is expanding among large asset managers, including Morgan Stanley and U.S. hedge funds, reflecting a gradual shift rather than a sudden surge in demand.

According to Fritz, ETF structures make it difficult to distinguish between new and existing investors, but the overall trend points to increasing comfort with Bitcoin as an institutional asset.

He added that Bitcoin’s scale and liquidity, now …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin (CRYPTO: BTC) has sold off during every Fed chair transition since 2014, as Kevin Warsh takes over May 15 inheriting 3.50% rates with just one cut projected for 2026.

The Historical Pattern Is Consistent

When Janet Yellen became Fed Chair, Bitcoin dropped 86%. When Powell was first appointed, the crypto shed 73.56% of its value. 

At Jerome Powell’s second term confirmation in 2022, Bitcoin fell 60.72%.

Powell held his final FOMC meeting as Fed Chairman Thursday. Warsh inherits 3.50% rates and just one rate cut projected for the rest of 2026, setting up a potentially challenging environment for risk assets.

With Bitcoin currently trading around $77,367, analysts …

Full story available on Benzinga.com

This post was originally published here

On:

New York City, NY, April 30, 2026 (GLOBE NEWSWIRE) — Introduction – What Is Juvthorix?

Juvthorix is an advanced AI-powered trading platform designed to streamline market analysis and support efficient decision-making across multiple financial markets. Built around sophisticated algorithmic technology, the platform continuously monitors global market conditions, identifies emerging trends, and delivers actionable trading insights in real time. Its infrastructure combines artificial intelligence, machine learning, and automated execution tools to help optimize trading performance while maintaining speed and precision.

At its core, Juvthorix focuses on transforming complex market data into simplified, data-driven opportunities. The platform analyzes large volumes of historical and live market information, including price movements, momentum indicators, volatility metrics, and technical patterns. By processing this information instantly, Juvthorix can detect high-probability trading setups that may otherwise be difficult to identify manually.

One of Juvthorix’s defining strengths is its accessibility. The platform is designed with an intuitive interface that supports both desktop and mobile devices, ensuring seamless access from virtually anywhere. Users can monitor account activity, review trading signals, and manage positions through a streamlined dashboard that emphasizes clarity and efficiency.

Security is another central component of the Juvthorix ecosystem. The platform incorporates modern encryption protocols, secure payment gateways, and rigorous account verification procedures to protect sensitive data and financial transactions. This security-first approach helps maintain a reliable trading environment while supporting operational integrity.

By combining intelligent automation, real-time analytics, institutional-grade security, and multi-asset accessibility, Juvthorix positions itself as a comprehensive solution for modern digital trading. Its technology-driven framework is built to deliver speed, accuracy, and efficiency in today’s rapidly evolving financial markets.

Join Juvthorix Now – Visit Official Website Now

Top Core Features of Juvthorix

Juvthorix is built around a sophisticated suite of trading technologies designed to deliver speed, precision, and analytical depth. Every component of the platform is engineered to enhance market monitoring, streamline execution, and support efficient portfolio management across multiple asset classes. Its feature set reflects a strong emphasis on automation, data intelligence, and operational reliability.

At the center of Juvthorix is its artificial intelligence engine, which continuously scans live market conditions twenty-four hours a day. The system processes enormous volumes of price data, technical indicators, historical patterns, and volatility metrics in real time. This allows the platform to identify emerging trends, momentum shifts, and statistically favorable trading opportunities with remarkable speed.

The platform also integrates advanced algorithmic execution technology. Orders are processed rapidly, helping minimize latency and improve trade efficiency during fast-moving market conditions. Precision execution can be especially valuable when market volatility creates narrow entry and exit windows.

Juvthorix supports a wide selection of tradable assets, including cryptocurrencies, foreign exchange pairs, equities, and commodities. This broad market access enables diversified trading strategies while allowing the AI engine to detect opportunities across global financial sectors.

A highly intuitive dashboard simplifies complex trading operations. Real-time charts, portfolio summaries, market analytics, and account management tools are presented in a clean, professional interface optimized for both desktop and mobile devices. Users can easily monitor activity and adjust settings without navigating unnecessary complexity.

Additional standout features include automated risk management tools, customizable trading parameters, real-time market alerts, and secure fund management systems. These functions work together to support disciplined trading while maintaining operational control.

Juvthorix also utilizes cloud-based infrastructure, ensuring high uptime, rapid data synchronization, and consistent platform performance across international markets. This scalability allows the system to handle substantial market activity without sacrificing responsiveness.

Visit the Official Juvthorix Website Now

Juvthorix – Security Measures and Factual Performance Data

Juvthorix incorporates a multi-layered security architecture designed to safeguard account information, transaction data, and operational integrity across its entire trading environment. The platform utilizes advanced SSL encryption protocols to protect all communications between users and its servers, ensuring that sensitive personal and financial information remains secure during every session. This encryption standard aligns with widely accepted financial technology security practices.

Account protection is further enhanced through comprehensive identity verification procedures. Know Your Customer (KYC) protocols help maintain compliance standards while reducing the risk of unauthorized account access. Additional authentication layers, including secure login mechanisms and transaction verification systems, provide further protection against fraudulent activity.

Juvthorix’s infrastructure operates on secure cloud-based servers with continuous monitoring, redundancy systems, and proactive threat detection protocols. These systems help maintain platform uptime while defending against cyber threats, unauthorized intrusion attempts, and system vulnerabilities. Routine security audits and infrastructure updates further strengthen platform resilience.

From a performance standpoint, Juvthorix’s algorithmic framework processes market data in real time using advanced artificial intelligence and machine learning models. The system continuously evaluates thousands of data points, including price action, volatility patterns, historical trends, and technical indicators. This rapid analysis enables efficient identification of potential market opportunities.

Execution speed remains a critical component of Juvthorix’s operational design. Low-latency order processing helps reduce slippage and allows the platform to respond effectively during highly volatile trading conditions. Fast execution can be particularly valuable in markets where price fluctuations occur within fractions of a second.

The platform also provides transparent performance metrics through its dashboard, including trade history, account balances, transaction records, and portfolio analytics. These reporting tools allow for detailed performance monitoring and operational visibility.

Algorithmic Markets Operate 24/7 — Visit the Official Juvthorix AI Website

What Reddit, Podcasts, and TikTok Creators Are Highlighting

Across financial communities and digital media channels, Juvthorix has generated considerable discussion surrounding its technological framework, automation capabilities, and market analysis engine. Online conversations frequently focus on the platform’s advanced AI architecture, particularly its ability to process live market data and identify opportunities across multiple asset classes.

On Reddit, discussions often center around Juvthorix’s algorithmic infrastructure and its data-driven approach to market analysis. Contributors commonly highlight the platform’s streamlined interface, automated scanning systems, and multi-market coverage. Technical conversations frequently examine how the AI evaluates price movements, volatility, and momentum indicators in real time.

Financial podcasts have increasingly explored the growing role of AI-powered trading platforms, with Juvthorix often referenced in broader discussions about automation and modern market technology. Analysts frequently emphasize the importance of machine learning, low-latency execution, and real-time analytical capabilities—areas where Juvthorix demonstrates significant technical sophistication.

TikTok creators covering financial technology have highlighted Juvthorix’s intuitive dashboard, live market analytics, and seamless mobile accessibility. Short-form content often showcases the platform’s clean interface, automated features, and efficient account setup process. Educational creators frequently discuss the broader implications of AI-driven trading systems and the increasing adoption of automated financial technologies.

Another recurring topic across these platforms is Juvthorix’s support for diverse asset classes, including cryptocurrencies, forex, stocks, and commodities. This …

This post was originally published here

On:

XRP (CRYPTO: XRP) is seeing renewed attention, after a large token unlock from Ripple coincided with growing discussion around the network’s long-term cryptographic security and supply dynamics.

Quantum Exposure Raises Concerns

XRP Ledger validator Vet reviewed all 7.8 million XRP Ledger accounts and found that a large portion of supply is technically “quantum exposed.”

An account is considered exposed if it has ever made a transaction since that reveals its public key on chain. Accounts that have never transacted remain theoretically safer because their public keys are not yet visible.

About 76.8 billion XRP across 5.6 million accounts is held …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin (CRYPTO: BTC) is increasingly seen as digital gold by institutional investors, but altcoins are losing appeal, according to industry insiders.

Bitcoin’s Strength Against Speculative Coins

In an Apr.28 CNBC interview, Mark Wong, Head of Trading at Independent Reserve, highlighted scarcity as Bitcoin’s core strength.

While Bitcoin’s case has strengthened over time, he noted that the broader crypto market, including Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP), still follows more cyclical and narrative-driven patterns.

Wong explained that altcoins tend to move in cycles influenced by shifting themes …

Full story available on Benzinga.com

This post was originally published here

On:

Strategy Inc. (NASDAQ:MSTR) surged 33% in April, ending eight consecutive months of declines despite Peter Schiff calling STRC “the largest Ponzi in the world.”

Four Catalysts Drove The April Rally

Bitcoin (CRYPTO: BTC) jumped from $69,000 in early April to $78,000 today helped by reports of a possible U.S.-Iran ceasefire plan that could reopen the Strait of Hormuz. This set the stage for Strategy’s massive accumulation spree.

Strategy made four separate Bitcoin purchases in April totaling 56,235 BTC for approximately $4.1 billion. 

The monster purchase came April 13 to 19 when Strategy bought 34,164 BTC for $2.54 billion at an average of $74,395, its largest acquisition since November 2024. 

Total holdings reached 818,334 BTC worth around $65 …

Full story available on Benzinga.com

This post was originally published here

On:

Ripple CTO David Schwartz dismissed $10,000 XRP (CRYPTO: XRP) price predictions, arguing that if wealthy rational investors believed there was even a 1% chance of that outcome, XRP would already trade at $20 instead of $1.37.

The Market Efficiency Argument

The discussion started when an X user asked Schwartz to respond to theories suggesting XRP could reach $10,000 based on a valuation model popularized by Chris Burniske using the formula Price = PQ / (V × S).

“If there were a few very rich, very rational people who really believed that there was a 1% chance that XRP could hit $10K in 10 years, they’d bid XRP up to at least $20 today,” Schwartz posted. 

“Why aren’t they? Conspiracy?” he added.

With XRP currently trading …

Full story available on Benzinga.com

This post was originally published here

On:

Dogecoin (CRYPTO: DOGE) rose 10% over the past week, supported by a sharp increase in on-chain activity and whale accumulation.

Network Activity Spike

Data from Santiment shows Dogecoin saw 739 large transactions (each over $100,000) in a single day, its highest level in six months.

At the same time, holdings among large wallets continue to concentrate. Wallets containing 100 million DOGE or more, totaling 149 addresses, now control approximately 108.52 billion DOGE, valued at about $11.6 billion.

Analysts say the recent price gain of roughly 14% over 10 days appears to be driven primarily by accumulation from large …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin trades above $77,000 on Friday morning as Bitcoin ETFs saw $14.8 million in net inflows on Thursday, while Ethereum ETFs reported $23.6 million in net outflows.    


Cryptocurrency
Ticker
Price
Bitcoin (CRYPTO: BTC) $77,805
Ethereum (CRYPTO: ETH) $2,305
Solana (CRYPTO: SOL) $84.38
XRP (CRYPTO: XRP) $1.39
Dogecoin (CRYPTO: DOGE) $0.1081
Shiba Inu (CRYPTO: SHIB) $0.056303

Meme coin market capitalization is trading 1.3% higher to $36.6 billion over the past 24 hours.

Trader Commentary: 

Michael van de Poppe said Bitcoin typically starts the month with strength, supported by ETF inflows and …

Full story available on Benzinga.com

This post was originally published here

On:

A leading cryptocurrency analyst anticipated a potential rally for Bitcoin (CRYPTO: BTC) before a final leg down.

Will History Repeat?

In an X post on Thursday, Ali Martinez said that Bitcoin’s ongoing price action has “similarities” with the 2022 bottoming structure.

“If this holds, we could see another push higher before a final leg down,” he predicted.

The analyst shared a chart comparing the 2022 decline to $16,000 with the current 2026 consolidation in the $76,000$76,000–$77,000 range.

If the current structure replicates the 2022 pattern, Bitcoin might potentially reach a higher peak near $82,000 before plunging to lows around $56,000.

Full story available on Benzinga.com

This post was originally published here

On:

April saw the highest number of cryptocurrency hacking incidents on record, compounding challenges for an industry grappling with a bear market.

Crypto Hacks Hit A 14-Month High

DeFiLlama, a decentralized finance analytics platform, posted an X chart highlighting a dramatic rise in monthly incidents during April, reaching nearly 30 and far above historical peaks.

Hackers stole $635.24 million in April, the highest monthly total since Bybit’s infamous $1.4 billion exchange heist in February 2025.

The Infamous Cases

The biggest hack of the month was the $290 million exploit of KelpDAO’s liquid restaking protocol, followed closely by Drift Protocol’s $285 million exploit. Both incidents were linked to North Korean state-sponsored hackers.

In the KelpDAO incident, the hacker targeted a cross-chain bridge, powered by interoperability protocol LayerZero, and robbed restaked Ethereum (CRYPTO: ETH). …

Full story available on Benzinga.com

This post was originally published here

On:

Riot Platforms Inc. (NASDAQ:RIOT) leveraged its Bitcoin (CRYPTO: BTC) holdings to finance its data center development, the company’s Executive Vice President Jason Chung said on Thursday.

RIOT Entirely Relying On Balance Sheet For CapEx Needs

During Riot’s first-quarter earnings call, Chung outlined the funding strategy for the data center business, emphasizing strong reliance on its existing balance sheet.

“During the quarter, we funded this CapEx through a disciplined sale of a portion of our Bitcoin holdings, the most capital-efficient source of funding currently available to us,” Chung said.

Chung added that Riot didn’t have to issue any common equity during the quarter.

data-variant=”card”
data-news-mode=”manual”

>


Read Also:

Is …

This post was originally published here

On:

Elon Musk said most cryptocurrencies are “scams” during his Thursday testimony in the OpenAI trial, according to a reporter covering the case.

Musk’s Response To Initial Coin Offering Question

Mike Isaac, a tech reporter from The New York Times, quoted Musk explaining cryptocurrency to the jury in the Federal Courthouse in downtown Oakland.

“Some of them have merit, but most of them are scams,” Musk was quoted as saying.

The comment was in response to a question about OpenAI’s reported plans to raise funds through an initial coin offering—a cryptocurrency-based fundraising—in 2018, Issac said.

Full story available on Benzinga.com

This post was originally published here

On:

The Senate unanimously passed on Thursday a resolution introduced by Sen. Bernie Moreno (R-Ohio) that bans Senators, Officers, and staff from participating in prediction markets.

Senate Says No To Prediction Market Wagering

The Senate agreed to pass the resolution “effective immediately,” according to an update on Moreno’s official Senate website.

The resolution alters the Senate’s standing rules, preventing lawmakers from entering financial agreements where the “outcome depends on whether a specific event does or does not happen.”

“Serving in Congress should never be about finding new ways to profit; it should be about delivering results for the American people,” said Moreno. “Senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period.”

data-variant=”card”
data-news-mode=”manual”

>


Read Also:

White House Warns Staff Against Prediction Market Insider Trading

This post was originally published here

On:

Leading cryptocurrencies moved sideways, while stocks rallied to record highs on Thursday as investors digested the U.S. economy’s first-quarter growth that fell short of forecasts.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT)
Bitcoin (CRYPTO: BTC) +0.22% $76,501.45
Ethereum (CRYPTO: ETH)
               		 -0.51% $2,261.30
XRP (CRYPTO: XRP)                          -0.63% $1.36
Solana (CRYPTO: SOL)                          -0.56% $83.34
Dogecoin (CRYPTO: DOGE)              +1.09% $0.1080

Crypto Market Stuck

Bitcoin moved in a narrow band from the mid-$75,000s to mid-$76,000s, as volume dropped sharply in the past 24 hours.

Ethereum also wobbled in the $2,200 region amid a 47% drop in volume, while Dogecoin eked out a gain of 1.09%

Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed up 4.59% and 3.32%, respectively.

Over $130 million was liquidated in the past 24 hours, with $71 million in long positions wiped out, according to Coinglass data.

Open interest in Bitcoin futures fell marginally by 0.46% over the last 24 hours. Retail and whale Binance derivatives traders were positioned “Bearish” on the apex cryptocurrency, with more short positions vis-à-vis longs.

“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:30 p.m. EDT)
Block Street (BSB)       +39.70%     $0.6128
SKYAI (SKYAI)                    +29.80%     $0.3754
Orca (ORCA)             +22.63%     $2.00

The global cryptocurrency market capitalization stood at …

Full story available on Benzinga.com

This post was originally published here

On:

Bitcoin trades near $76,000 as broader crypto markets traded flat following the Federal Reserve’s decision to keep interest rates unchanged. Sentiment has stabilized at neutral levels after recent volatility and ETF-driven flows.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $76,261.27
Ethereum (CRYPTO: ETH) $2,255.35
Solana (CRYPTO: SOL) $83.05
XRP (CRYPTO: XRP) $1.36
Dogecoin (CRYPTO: DOGE) $0.1056
Shiba Inu (CRYPTO: SHIB) $0.056291

Notable Statistics:

  • Coinglass data shows 71,062 traders were liquidated in the past 24 hours for $176.54 million.
  • SoSoValue data shows net outflows of $137.8 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $87.7 million.
  • In the past 24 hours, top gainers include Terra Classic, Zcash and Curve DAO Token.

Notable Developments:

This post was originally published here

On:

Bitcoin (CRYPTO: BTC) is trading sideways near $76,000 as traders closely watch Federal Reserve policy and regulatory developments.

“Two Major Overhangs“

During an Apr. 30 crypto roundtable featuring Benjamin Cowen, analysts highlighted two key near-term risks: tightening global regulation and uncertainty around Federal Reserve policy.

Chair Jerome Powell is maintaining a cautious stance and persistent inflation, particularly tied to energy prices, continues to keep monetary policy tight.

Market sentiment has deteriorated, with crypto discussions fading across social platforms, often a sign of declining retail …

Full story available on Benzinga.com

This post was originally published here

On:

21Shares has rolled out the 21Shares 2x Long HYPE ETF (NASDAQ:TXXH), offering investors a leveraged play on HYPE, the native token of Hyperliquid (CRYPTO: HYPE).

• 21Shares 2x Long HYPE ETF shares are showing limited movement. What’s next for TXXH stock?

The fund is designed to deliver twice (2x) the daily price performance of HYPE, giving traders amplified exposure through a familiar exchange-traded structure — without directly holding the underlying cryptocurrency. Notably, the launch puts 21Shares ahead of rivals racing to bring HYPE-linked products to market, even as several firms pursue spot offerings still awaiting regulatory approval.

The ETF uses derivatives such as swaps, futures and options to achieve its objective, allocating at least 80% of its assets to instruments aligned with its daily leverage goal. Like other leveraged ETFs, TXXH resets daily and is intended for short-term, actively managed strategies rather than long-term holding. …

Full story available on Benzinga.com

This post was originally published here

On:

Bitwise Asset Management CEO Hunter Horsley says the crypto industry is entering a new phase in 2026, driven by rapid institutional adoption and improving regulatory clarity.

Banks Accelerate Crypto Initiatives

In an Apr. 30 interview, Horsley said banks, corporations and financial institutions are moving aggressively into digital assets, with some firms pushing teams to go “from zero to 500 miles an hour” on crypto strategies.

He attributed this acceleration to a combination of clearer regulations, more mature infrastructure and rising demand for assets such as Bitcoin (CRYPTO: BTC) and stablecoins.

Horsley also pushed back on concerns that …

Full story available on Benzinga.com

This post was originally published here

On:

World Liberty Financial (CRYPTO: WLFI) has drawn new ire from Democratic lawmakers as the token plunged over 15% after a controversial governance vote.

The Southeast Asian Syndicate Connection

The Wall Street Journal recently linked WLFI to a Southeast Asian criminal syndicate. Last year, WLFI partnered with crypto firm AB, which was overseeing a blockchain-themed resort in East Timor led by two sanctioned men.

The resort’s controlling shareholder Yang Jian and General Manager Yang Yanming were sanctioned by the U.S. last October as part of a crackdown on the billion-dollar overseas crypto scam industry and the Prince Group conglomerate.

WLFI told The Wall Street Journal that it never held a relationship with the pair nor knew about the resort. 

Additionally, the company downplayed the partnership to a “limited non-exclusive technology integration” and claimed its due diligence was proportional to its arrangement.

Warren Calls For Legislation

Senator Elizabeth Warren (D-Mass.) responded that Congress needs to ensure digital asset legislation protects …

Full story available on Benzinga.com

This post was originally published here

On:

XRP (CRYPTO: XRP) social sentiment has hit a two-year high, driven by renewed optimism around adoption and corporate integrations.

Sentiment Boost From Adoption Developments

Recent excitement has been fueled by XRP’s integration with Rakuten, which now allows users to convert loyalty points into XRP.

The development has strengthened market enthusiasm, particularly among retail traders, by expanding perceived real-world use cases for the asset, Santiment data shows.

Despite the increased attention, analysts note that such announcements do not typically lead to immediate price surges.

Instead, markets often react with a delay, with stronger price impact emerging once initial hype subsides …

Full story available on Benzinga.com

This post was originally published here