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South Korea’s K-Bank signed a strategic partnership with Ripple to test blockchain-based cross-border remittances as XRP (CRYPTO: XRP) fails to break $1.45 for the fourth time in two months.

The K-Bank Partnership

K-Bank CEO Choi Woo-hyung and Ripple Asia Pacific Head Fiona Murray recently signed the deal at K-Bank’s headquarters in Seoul. 

The partnership will test on-chain cross-border remittances to countries including the United Arab Emirates and Thailand using Ripple’s Palisade wallet.

The two companies are now in phase two of testing, which evaluates how blockchain-based transfers can improve speed, cost, and transparency compared to traditional banking rails.

Traditional international bank transfers route through correspondent banking networks like SWIFT, which can take days to settle and charge fees at each intermediary along the way.

By contrast, on-chain remittances move funds directly across a blockchain …

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Bitmine Immersion Technologies (NYSE:BMNR) acquired 101,901 Ethereum (CRYPTO: ETH) last week, pushing total holdings to 5.078 million ETH worth $12 billion.

The 5% Target Within Reach

Bitmine now owns more than 4.21% of the total ETH supply of 120.7 million tokens and is 84% of the way to its goal of acquiring 5% in just 10 months. 

Total crypto and cash holdings stand at $13.3 billion, including 200 Bitcoin, $200 million in Beast Industries, $91 million in Eightco Holdings (NASDAQ:ORBS), and $940 million in cash.

Tom Lee, Chairman of Bitmine, called the pace of accumulation astonishing. 

Last week’s purchase marked the highest buying pace since December 15, 2025, as Bitmine accelerates toward its 5% target during what Lee describes as the final stages of the “mini-crypto winter.”

The War-Time Store Of Value

Lee highlighted that ETH …

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Strategy Inc. (NASDAQ:MSTR) acquired 3,273 Bitcoin (CRYPTO: BTC) for approximately $255 million at an average price of $77,906 per coin during the week ended April 24.

The ATM Funding Shift

An SEC filing shows that Strategy funded the purchases entirely through the sale of common shares via its at-the-market equity offering program.

This marks a departure from recent purchases, as the company primarily financed those using proceeds from variable-rate preferred stock STRC.

Strategy now holds 818,334 BTC acquired for a cumulative $61.81 billion at an average cost basis of $75,537 per Bitcoin. 

Moreover, the company has bought Bitcoin every week in April, totalling over $6.4 billion in purchases this month alone.

Saylor Teased The Buy

Michael Saylor hinted at the …

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Stablecoins are steadily moving from the edges of crypto speculation into the core of everyday finance across Africa. What began as a tool for traders seeking dollar exposure is now evolving into a foundational layer for payments, remittances, and business operations across the continent.

The shift is less about hype and more about utility. In markets where cross-border transactions are slow, expensive, and often unreliable, stablecoins are offering an alternative that is faster, cheaper, and increasingly integrated into existing financial workflows. Between July 2024 and June 2025, Sub-Saharan Africa received more than $205 billion in on-chain value, a 52 percent year-over-year increase that placed the region among the world’s fastest-growing crypto markets. Stablecoins accounted for 43 percent of that activity.

Why Stablecoins Are Gaining Ground

Across Africa, traditional payment systems still face structural limitations. Cross-border transfers can take days to settle, often passing through multiple intermediaries outside the continent, each adding fees and delays. For individuals and businesses operating across borders, this friction is more than an inconvenience. It is a direct constraint on economic activity.

Stablecoins are addressing this gap by enabling near-instant transfers that operate around the clock. They are not bound by banking hours, geographic restrictions, or legacy infrastructure. More importantly, they allow users to hold and transact in dollar-denominated value without needing access to a foreign bank account.

Ezekiel Ojewunmi, Director of Marketing at Quidax, points to the practical appeal driving this momentum. “For an African in the diaspora sending money back home, remittances via stablecoins means more money ends up in the hands of the loved ones who need it most. In some cases, these savings can represent a week’s worth of groceries,” he said.

For businesses, the impact is equally pronounced. Cross-border payments that previously took days can now be completed in minutes, improving cash flow and operational efficiency across supply chains spanning multiple African markets.

Remittances and the Cost of Moving Money

Remittances remain one of the most significant financial flows into Africa, yet they are also among …

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Bitcoin (CRYPTO: BTC) hit a 12-week high of $79,488 on Monday morning as Iran offered a new proposal to reopen the Strait of Hormuz, extending April’s rally to 16%.

The Iran Deal Catalyst

The rally marked the highest level since January 31 and the first monthly double-digit gain since May 2025.

Axios reported Iran’s proposal to the U.S. to reopen the Strait of Hormuz, sending Asian shares higher and pulling crude oil back from earlier gains.

Bitcoin has meanwhile pulled back below $78,000 as Rachael Lucas, an analyst at BTC Markets, notes that $80,000 is where many recent buyers approach breakeven, typically where selling pressure emerges.

Institutional Demand Returns

Digital asset investment products saw $1.2 billion of inflows last week, the fourth consecutive positive week, according to CoinShares. 

Total assets under management rose to $155 billion, the highest level since February 1.

Bitcoin …

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Bitcoin (CRYPTO: BTC) is entering one of its most consequential weeks in months, with a convergence of macroeconomic policy, regulatory signaling, and industry catalysts that could shape near term price direction.

After briefly pushing toward the $80,000 level, Bitcoin has pulled back, with traders now shifting focus to a packed calendar that includes the Bitcoin 2026 Conference and an upcoming Federal Reserve rate decision.

The setup reflects a market that is no longer trading purely on crypto native narratives, but increasingly on macro liquidity, policy expectations, and institutional positioning.

Federal Reserve Decision Could Reset Risk Appetite

The biggest macro catalyst this week is the expected policy decision from the Federal Reserve.

Interest rates remain one of the most important drivers of crypto market behavior. Higher rates tend to tighten liquidity and pressure risk assets, while dovish signals often trigger rallies across equities and digital assets.

For Bitcoin, the stakes are elevated. The asset has shown a strong correlation with broader risk sentiment over the past year, particularly as institutional participation has increased through ETFs and structured products.

A hawkish tone from the Fed could reinforce the recent rejection near $80,000 and push Bitcoin into a consolidation phase. On the other hand, any संकेत of easing or future rate cuts could provide the liquidity tailwind needed for a breakout.

This dynamic has turned macro events into primary catalysts for crypto price action rather …

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Robinhood Markets Inc. (NASDAQ:HOOD) will release earnings for the first quarter after the closing bell on Tuesday. Here’s a quick rundown of what investors should watch in the stock and the business.

Revenue, Earnings Estimates

Analysts estimate the commission-free brokerage platform to announce earnings per share of $0.39, up 5.4% from the same quarter last year.

Robinhood is also expected to report quarterly revenue of $1.14 billion, up sharply from $927 million in the year-ago quarter, but down about 11% from the previous quarter.

Analysts Slash Price Targets

The HOOD stock has a consensus price target of $109.70 based on the ratings of 27 analysts, with the highest forecast of $170 set by JMP Securities in October. JPMorgan and KeyBanc’s latest ratings from earlier this month, however, sharply lowered price targets.

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Influential Wall Street investor Jordi Visser urged investors on Saturday to assess their outlook on the fiat system and adjust portfolios accordingly, favoring assets like Bitcoin (CRYPTO: BTC).

Pace Of Innovation Increasing, Says Visser

During an interview with entrepreneur and investor Anthony Pompliano, Visser stated that the pace of innovation is accelerating, with each year equating to a decade of progress.

He drew on economist Joseph Schumpeter’s concept of creative destruction to argue that in 20 years, the world could potentially see “two centuries’ worth of innovation.” 

“If I believe that in 20 years that world of abundance is here, then the only thing that I want to have as a kind of thought is well, I think Bitcoin and the crypto world, the exchange of velocity of services through this value thing is the way people should be,” he said.

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Telegram founder Pavel Durov made a bold allegation against French authorities on Friday, linking the wave of cryptocurrency-related kidnappings to tax officials “selling” data to criminals.

Allegations Focus on Tax Data and Criminal Targeting

In an X post, Durov stated that French tax officials are selling details of cryptocurrency holders to criminals, all while failing to fix “massive” breaches in their tax databases.

France has seen more than 40 cases of kidnappings or hostage takings linked to cryptocurrencies since the beginning of the year, according to Le Monde, one of France’s most widely read newspapers. Most incidents have targeted wealthy cryptocurrency individuals and their families.

Moreover, a French tax official, Ghalia C., was charged with illegally using government software to find addresses and assets of cryptocurrency investors, then selling that data to organized crime, according to Le Parisien.

Meanwhile, reports of data breaches have also been reported. Earlier this month, the National Agency for Secure Documents confirmed a security incident potentially exposing personal and professional account data on the …

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President Donald Trump hosted the largest holders of his Official Trump (CRYPTO: TRUMP) cryptocurrency at Mar-a-Lago on Saturday. However, reports highlighted the absence of cryptocurrency billionaire Justin Sun, a standout attendee at the previous such event in 2025.

Trump Reportedly Talked About Iran War, Biden

Only the top 297 TRUMP token holders who registered made it to the event at Trump’s Florida resort, while the top 29 qualifying holders got access to a VIP reception with him.

Sander Lutz, White House Correspondent from Decrypt, reported, citing sources, that Trump spoke for 45 minutes on the cryptocurrency industry, the Iran conflict, Joe Biden, among other topics.

Lutz added that Trump didn’t speak much about the Clarity Act, except to say he supports its passage and would sign it immediately.

Alongside Trump, boxing legend Mike Tyson, motivational coach Tony Robbins, and Tether (CRYPTO: USD) CEO Paolo Ardoino were scheduled to speak at the event.

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Leading cryptocurrencies lifted while stock futures ticked lower on Sunday, amid uncertainty from stalled Iran peace talks.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:35 p.m. EDT)
Bitcoin (CRYPTO: BTC) +1.90% $79,016.65
Ethereum (CRYPTO: ETH)
               		 +2.96% $2,385.89
XRP (CRYPTO: XRP)                          +1.24% $1.43
Solana (CRYPTO: SOL)                          +1.66% $87.48
Dogecoin (CRYPTO: DOGE)              +1.86% $0.09979

Crypto Sentiment Pivots From ‘Fear’ To ‘Neutral’

Bitcoin nearly broke $80,000 in the overnight spike, while trading volume surged 53% over the last 24 hours.

Ethereum bettered $2,400, supported by an 84% spike in 24-hour volumes, while Dogecoin and XRP also traded in the green.

Roughly $213  million was liquidated in the past 24 hours,with $177 million in short positions alone wiped out, according to Coinglass data.

Open interest in Bitcoin futures rose 2.66% over the last 24 hours. However, retail and whale derivatives traders on Binance turned “extremely bearish,” betting on BTC’s decline.

Market sentiment shifted from “Fear” to “Neutral,” 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)
ETHGas (GWEI)       +25.35%     $0.1204
Lido DAO (LDO)                  +24.19%     $0.4590
Terra Classic (LUNC)             +18.85%     $0.00006149

The global cryptocurrency market capitalization stood at $2.56 trillion, following a spike of 1.63% in the last 24 hours.

Stock Futures Dip

Stock …

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This week was a whirlwind of activity in the crypto world. From Blockchain Capital setting its sights on a hefty $700 million despite a struggling crypto market, to Senator Bernie Sanders blasting the Trump family’s crypto dealings, the news was buzzing.

Meanwhile, seasoned trader Peter Brandt made some bold predictions about Bitcoin’s future, Bitcoin ETFs saw a significant influx, and meme coins experienced a surprising rally. Let’s dive into the details.

Blockchain Capital’s Bold Move

Despite the broader downturn in the cryptocurrency market, Blockchain Capital is ambitiously aiming to raise $700 million for two new funds. The firm is targeting its seventh early-stage vehicle and a second growth fund, both of which are expected to close within the next five to six months. Interestingly, other crypto-focused VC firms have also managed to raise capital in recent months despite the market’s struggles.

Read the full article here.

Sanders Slams Trump Family’s Crypto Profiteering

Senator Bernie Sanders has sharply criticized the Trump family’s reported …

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Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong recently described how his early obsession with popular strategy-based video games later mapped into entrepreneurship and business.

Armstrong’s Love For Playing Video Games

In an X post dated April 19, Armstrong admitted to an “almost unhealthy” addiction to playing StarCraft and Civilization in his teens.

StarCraft focuses on managing resources, building bases, and commanding large armies in high-speed, tactical combat, and has been described as one of the greatest video games of all time.

“Harvesting resources, building things, and expanding was super addictive to my brain,” the cryptocurrency mogul said.

The ‘Ultimate Game’ Which Matters

But as he grew older, he realized the “ultimate game” was entrepreneurship and business.

“It scratches the same …

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Dogecoin (CRYPTO: DOGE) is testing $0.10 for the fifth time as Shiba Inu (CRYPTO: SHIB) burns surged 673% in 24 hours, with both memecoins hitting make-or-break technical levels simultaneously.

DOGE’s Fifth Test At $0.10

Dogecoin is holding just below the $0.10 psychological level and the Supertrend at $0.10278 that has capped every rally for weeks. 

The ascending triangle remains intact with the rising lower trendline lifting the floor from $0.088 to current levels.

The MACD is firmly positive with the blue line well above signal and histogram staying green, confirming momentum favors buyers even during consolidation. 

Meanwhile, Open Interest ticked up 0.47% to $1.37 billion while Options Volume …

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The US Treasury sanctioned multiple crypto wallets tied to Iran today, one day after stablecoin issuer Tether froze roughly $344 million in (CRYPTO: USDT) linked to the same network.

The freeze hit two Tron (CRYPTO: TRX) addresses holding around $213 million and $131 million respectively, carried out in coordination with the Office of Foreign Assets Control and US law enforcement.

“We will follow the money that Tehran is desperately attempting to move outside of the country,” Treasury Secretary Scott Bessent said.

A Shadow Economy In The Strait

The action fits a broader pattern of Iran leaning on crypto rails to sidestep sanctions.

Since mid-March, Tehran has been charging transit …

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Cardano (CRYPTO: ADA) founder Charles Hoskinson landed UK bank Monument with $250 million in tokenized deposits at launch for his new privacy blockchain Midnight alongside partnerships with Google Cloud, MoneyGram, and Vodafone.

The $250 Million Monument Deal

Hoskinson said the deal makes sense because compliance officers can write scripts defining what’s allowed and how assets interact with other chains while staying compliant with UK regulation.

He credited Fahmy Syed, who formed over 100 partnerships in nine months at the Midnight Foundation, with closing the deal. 

The partnership creates a direct path to syndicate similar deals with U.S. and European financial institutions and the Bank of England.

Monument wants to step into what Hoskinson calls the “Web 2.5 space”—one foot in traditional regulated business and one foot in crypto with rules and control. “There really isn’t a bespoke chain for that,” Hoskinson said.

Why Midnight Exists

Hoskinson built …

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After the $294 million hack at Kelp DAO last weekend, traders yanked over $15 billion from major protocols. It’s as close as DeFi’s ever come to an old-school bank run, sending shockwaves across DeFi markets. The twist? You didn’t have to use Kelp to feel it.

Aave (CRYPTO: AAVE) saw around $10 billion in outflows while Morpho (CRYPTO: MORPHO) and Sky (CRYPTO: SKY) saw $1.7 billion and $600 million in respective outflows. Even Kamino, a Solana-based lending platform with no direct link to Kelp DAO, saw roughly $280 million take flight.

Welcome to DeFi’s new reality. If you make a bet on one protocol, you need to reckon with every other chain it touches.

The Hidden Risk In Your Yield

DeFi’s core appeal hasn’t changed, but restaking protocols like Kelp DAO have broadened it. Instead of earning from just one source of yield, you can now stack multiple types of return atop the same underlying asset. Deposit ETH, receive a liquid token like rsETH, then deploy that token across lending markets, liquidity pools, or other strategies.

It sounds like a winner: Capital stays productive and your earning potential rises. But so does complexity.

That rsETH token was plugged into multiple major protocols as collateral. When 116,500 rsETH, roughly 18% of its circulating supply, was drained in the exploit, the problem mushroomed. Platforms that had integrated rsETH had to react quickly.

Some paused markets. Others saw users rush to withdraw funds or unwind positions, thinning out liquidity. If you were …

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U.S. spot Bitcoin (CRYPTO: BTC) ETFs logged eight straight days of inflows totaling $2.1 billion through April 23—the longest streak since the nine-day October 2025 run that took Bitcoin to its $126,000 all-time high.

The ETF Momentum Is Back

Bloomberg ETF analyst Eric Balchunas said every single rolling period they track is now positive for the first time in months. BlackRock’s IBIT (NASDAQ:IBIT) has pulled in $3 billion in one-year flows, putting it in the top 1% of all ETFs.

April 23 alone brought $223.21 million, with IBIT doing roughly 75% of the lifting at $167.49 million. Fidelity’s FBTC (BATS:FBTC) posted the one meaningful outflow at $16.93 million.

Bitcoin has climbed from $68,000 to $77,000 over the streak—a 12% move that has coincided almost perfectly with the ETF bid returning. Cumulative …

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President Donald Trump will speak at a Mar-a-Lago conference for top TRUMP (CRYPTO: TRUMP) meme coin holders on Saturday, even as the token crashed 95% from its January 2025 high and the price of VIP access plunges 84% from last year’s event.

VIP Tickets Drop 84%

The top 29 qualifying holders get access to a VIP reception with Trump. 

Analysis by the Financial Times shows winners of a VIP ticket held a median of $539,000 of $TRUMP at the end of the contest. 

That compares with approximately $3.28 million last year—an 84% drop.

“Mem ecoins have gotten wrecked,” said Austin Campbell, managing partner of crypto advisory firm Zero Knowledge Consulting. “The Trump brand is not enough of a carrot to elevate them.”

Trading Volume Collapses

Nansen shared data showing more than $12.9 billion traded hands in the token through decentralized crypto trading platforms in …

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BitMEX co-founder Arthur Hayes predicts Bitcoin (CRYPTO: BTC) will hit $145,000 by year end as the Federal Reserve quietly expands its balance sheet by $40 billion per month and wartime spending forces commercial banks to print money.

The Fed Is Already Printing

Hayes said the Fed’s balance sheet is expanding at approximately $40 billion per month through reserve management purchases, despite all the inflation concerns.

He noted that people were freaking out after Federal Reserve Chair nominee Kevin Warsh testified to the Senate about how quantitative easing has harmed poor people, but the reality is different. 

When Warsh gets in, the impetus will be to continue the policies of his predecessor, which is balance sheet expansion.

Hayes added that he doesn’t believe the Fed balance sheet will shrink. It’s going to take a long time for them to agree about a framework that governs that shrinkage.

War …

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SkyBridge Capital founder Anthony Scaramucci sparked a conversation on Thursday about Bitcoin’s (CRYPTO: BTC) potential worth if it becomes critical infrastructure for cybersecurity, specifically to counter AI-driven threats.

Bitcoin’s Real Worth

In an X post, Scaramucci highlighted gold’s $30 trillion valuation and asked, “What is Bitcoin, being a potential global requirement for cybersecurity to fend off AI, worth?”

Bitcoin’s market value sits at about $1.50 trillion right now, after hitting a high of $2.42 trillion back in October 2025.

Users’ Question: What Exactly Is The Link

The replies ranged from projections of massive market growth to questions about the exact technical linkage between Bitcoin and AI defense.

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Cryptocurrency punters are growing less optimistic about XRP (CRYPTO: XRP) reaching new highs this year.

XRP To Miss All-Time High Bus Again?

Polygon (CRYPTO: POL)-based Polymarket currently assigns only a 13% chance of XRP bettering its all-time high of $3.84—set more than eight years ago—before Dec. 31. The odds at the beginning of the year were 41%.

Similarly, chances of XRP hitting all-time highs by Sept. 30 stood at 12%, down from 35% at the start of 2026.

Nearly $250,000 has been wagered on the outcome. The market resolves to “Yes” if any XRP/USDT 1-minute candle on Binance on the specified date has a final …

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Leading cryptocurrencies retreated alongside stocks on Thursday, amid lingering uncertainty over the Iran conflict.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m. EDT)
Bitcoin (CRYPTO: BTC) -0.12% $78,092.54
Ethereum (CRYPTO: ETH)
               		 -1.78% $2,323.86
XRP (CRYPTO: XRP)                          -0.74% $1.43
Solana (CRYPTO: SOL)                          +0.49% $85.94
Dogecoin (CRYPTO: DOGE)              +1.30% $0.09717

Crypto Market Cools After Rally

Bitcoin wobbled in the $78,000 zone after teasing $80,000 the day before. Trading volume plunged 23% over the last 24 hours.

Ethereum also consolidated at $2,300, failing to sustain Wednesday’s momentum, while Dogecoin traded upward.

Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 3.84% and 4.03%, respectively.

Over $200 million was liquidated in the past 24 hours, with $126 million in bullish long positions erased, according to Coinglass data.

Open interest in Bitcoin futures fell 3.66% over the last 24 hours to $61.57 billion. Bitcoin’s Long/Short ratio on Binance remained below 1, indicating that derivatives traders were betting on price declines.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:20 p.m. EDT)
Stable (STABLE)       +43.22%     $0.03742
Lab (LAB)                  +35.83%     $0.7669
Spark (SPK)             +34.25%     $0.05090

The global cryptocurrency market capitalization stood at $2.51 trillion, following a drop of 1.62% in the last 24 hours.

Stocks Retreat, Oil Prices Spike

Stocks pulled back from record highs on Thursday. The Dow Jones Industrial Average lost …

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New York Attorney General Letitia James moved to shut down prediction-market offerings tied to Coinbase Financial Markets and Gemini, escalating a broader fight over whether event contracts belong under financial regulation or state gambling law. In statements released by the New York Attorney General’s Office on April 21, James said the platforms offered products that “allow users to wager on the outcome of future events” without the licenses New York requires for gambling activity, putting two prominent crypto-linked firms into a fresh legal and regulatory spotlight.

According to court petitions filed in New York state court by the Office of the Attorney General, the state argues that the companies’ so-called event contracts function like bets on real-world outcomes, including sports, elections and other public events. In the filings, cited by the attorney general’s office, James said New York law “prohibits risking something of value upon the outcome of a contest of chance or a future contingent event not under the actor’s control,” framing the products as unlawful gambling rather than permissible financial instruments.

The case lands at a sensitive moment for prediction markets, which have drawn rising interest from traders, crypto firms and political observers as platforms package binary contracts into an easy-to-use retail product. The Commodity Futures Trading Commission has said in prior public orders and litigation involving other event-contract venues that certain contracts can fall under federal commodities law, while state officials continue to assert their own authority where products resemble wagering. That tension, legal experts told outlets including Reuters and Bloomberg in earlier coverage of the sector, has left the industry operating in a patchwork of overlapping rules.

In its petition against Coinbase Financial Markets, New York said the company offered contracts that let users buy “yes” or “no” positions priced to reflect implied odds and receive a payout if the event occurred, according to the filing. The state said that structure mirrors a wager because the result depends on an external event outside the customer’s control. Coinbase has not publicly embraced the gambling label; in prior public statements about derivatives and event contracts, the company has said it seeks to expand access to regulated markets and work with U.S. authorities, according to company materials and regulatory disclosures.

The petition involving Gemini Titan makes a similar argument, with the attorney general’s office saying the exchange operator enabled New York users to participate in event-based contracts without obtaining state gambling approvals. In the office’s public statement, James said companies “cannot evade the law simply by calling gambling something else,” underscoring the state’s position that branding the products as contracts or market instruments does not change their legal character under New York statutes. Gemini, founded by Cameron Winklevoss and Tyler Winklevoss, has frequently said in public communications that it supports rules for digital-asset markets and favors clear oversight.

The dispute matters beyond two companies because event contracts have become one of the fastest-growing corners of retail trading, attracting users who treat elections, sports and economic releases like investable outcomes. In public commentary on the sector, analysts cited by Bloomberg and CNBC have said the appeal lies in simple, binary pricing and the perception that prediction markets aggregate information efficiently. Critics, including some state regulators and anti-gambling advocates quoted in those reports, argue the products can sidestep consumer protections and invite speculation under the veneer of financial innovation.

New York’s action also adds to the compliance burden facing crypto firms that already contend with a dense state-by-state framework. The state’s financial regime, administered separately by the New York State Department of Financial Services, already ranks among the toughest in the U.S. for digital-asset businesses. While this case centers on gambling law rather than virtual-currency licensing, the message from James remains broad: companies serving New York residents need to match product design with local legal requirements, the attorney general’s office said in its release.

The legal theory could test how far states can go when products sit near the boundary between derivatives trading and gaming. The CFTC has faced its own battles over event contracts, including disputes over whether contracts tied to political outcomes or sports should trade on federally regulated venues. In prior public orders, the agency said certain event contracts may involve gaming or activity contrary to the public interest, while market operators have argued that properly structured contracts serve hedging and price-discovery functions. That unresolved federal debate gives New York’s case broader significance for exchanges, brokers and fintech firms exploring similar products.

What comes next likely turns on whether the companies fight the petitions, restrict access in New York, or seek a licensing or structural workaround. For executives across crypto, brokerage and online trading, the signal from Letitia James and the New York Attorney General’s Office looks clear: products tied to real-world outcomes face scrutiny not only from Washington but from aggressive state enforcers prepared to classify them as gambling. That matters because the outcome could shape where event contracts trade, who can offer them, and whether one of finance’s most talked-about new products scales nationally or fragments under local law.

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Crypto analyst Benjamin Cowen says Bitcoin (CRYPTO: BTC) remains the strongest asset in the digital asset market, as he outlined expectations for the current bear cycle to follow historical patterns.

Cycle Timing Points To Potential Late-2026 Bottom

In an Apr. 22 discussion with Jacob from BeInCrypto, Cowen compared the current cycle to previous ones, noting that Bitcoin has historically bottomed roughly one year after its peak.

Based on that framework, he identified October 2026 as a base-case timeline for a market bottom. He added that an earlier bottom, potentially as soon as May 2026, would likely require a significant capitulation event, which …

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Bitcoin is holding around $78,000, suggesting resilience even as broader markets react to geopolitical risk-off sentiment.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $77,912.47
Ethereum (CRYPTO: ETH) $2,310.76
Solana (CRYPTO: SOL) $85.45
XRP (CRYPTO: XRP) $1.43
Dogecoin (CRYPTO: DOGE) $0.09620
Shiba Inu (CRYPTO: SHIB) $0.056095

Notable Statistics:

  • Coinglass data shows 100,758 traders were liquidated in the past 24 hours for $221.37 million.       
  • SoSoValue data shows net inflows of $85.04 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $42.8 million.
  • In the past 24 hours, top gainers include Stable, Humanity Protocol and MemeCore.

Notable Developments:

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There are moments in the history of any asset class that, in hindsight, everyone agrees were turning points. The problem is that most people do not recognize them as they happen.

April 21, 2026, may be one of those moments.

What a Four-Star Admiral Said About Bitcoin Under Oath

Admiral Samuel Paparo, the Commander of the United States Indo-Pacific Command, appeared before the Senate Armed Services Committee to discuss the FY2027 defence budget. It was a routine hearing by Washington standards. 

He confirmed that the US military is actively running a live Bitcoin (CRYPTO: BTC) node and conducting operational network security tests on the protocol. 

Then, he went on to describe Bitcoin as a “peer-to-peer, zero-trust transfer of value” and called it a meaningful computer science tool for American power projection. 

He stated, unambiguously, that anything which strengthens all instruments of US national power is, in his words, “to the good,” and he placed Bitcoin in that category.

The Signal Inside the Statement

It would be easy to read this story as simply another milestone in Bitcoin’s journey toward mainstream acceptance. But the way Admiral Paparo framed his remarks deserves careful attention, because it signals something deeper than institutional adoption.

He did not describe Bitcoin as an investment. He did not talk about price, market capitalisation, or portfolio diversification.

He spoke about Bitcoin the way military strategists speak about technologies that shape the balance of power – cryptography, decentralization, proof-of-work architecture. He was describing Bitcoin as infrastructure.

That distinction matters enormously. When an asset transitions from being viewed as a financial instrument to being viewed as strategic infrastructure, the rules of the game change. Demand becomes less discretionary and more structural. Governments do not sell their strategic infrastructure when markets get volatile.

The Geopolitical Race for Bitcoin Has Already Begun

To understand the full weight of this moment, you have to …

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Robinhood Markets (NASDAQ:HOOD) received in-principle approval from the Monetary Authority of Singapore to offer brokerage services.

The Singapore Milestone

The in-principle approval allows Robinhood to offer trading of securities, exchange-traded derivatives, custody, product financing, and collective investment funds through its local entity, Robinhood Singapore Pte. Ltd.

“Singapore’s world-class regulatory environment, high rates of digital adoption, and growing population of retail investors make it the ideal hub for our mission,” said Patrick Chan, Head of Asia for Robinhood.

Singapore will serve as Robinhood’s Asia-Pacific headquarters. The firm’s subsidiary Bitstamp Asia Pte. Ltd. already holds a Major Payment Institution license from MAS.

Not A Full License Yet

The in-principle approval is not a license at this stage. MAS said a license …

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Bitcoin (CRYPTO: BTC) is entering a structurally different phase of market development, according to Matt Hougan and Ryan Rasmussen at Bitwise Asset Management.

Weak Q1, Strong Narrative Shift

In a Apr.22 interview with Milk Road, Hougan and Rasmussen described Q1 as the weakest crypto quarter in several years across price action and on-chain metrics. However, they emphasized a sharp divergence between weak data and strong fundamentals.

They noted that while market performance lagged, major developments, including ETF expansion, regulatory clarity, and institutional participation, remained strongly positive.

This disconnect, they argue, could set up a …

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Bitcoin (CRYPTO: BTC) has broken above the True Market Mean at $78,100 for the first time since mid-January, but Glassnode data shows profit-taking spiked to levels that marked every local top this year.

The $80,000 Resistance Wall

The Short-Term Holder Cost Basis at $80,100 represents the average acquisition price of investors who purchased within the last 155 days. 

A recovery toward $80,000 would push more than 54% of recent buyers into profit, historically the threshold where distribution pressure has exhausted bear market rallies.

“This is the second instance of this structure forming,” Glassnode analysts wrote. “Repeated encounters with this threshold reinforce its reliability as a local top indicator,” they added.

Short-Term Holder Realized Profit spiked to $4.4 million per hour. Every prior spike above $1.5 million per hour has coincided with a local top formation. The …

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Shark Tank star Kevin O’Leary said investors only need to own Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to capture 97% of crypto market volatility, dismissing thousands of altcoins that “collapsed last October and never came back.”

The Two-Coin Portfolio

O’Leary said he dumped all his altcoin holdings after the October 2025 crash and now holds only Bitcoin and Ethereum. 

“So what’s happened to the poo-poos is they collapsed last October, and all of them, thousands of them, never came back,” O’Leary said. “So I dumped all my coins, and I own those two.”

O’Leary cut his holdings from 27 cryptocurrencies down to just three: Bitcoin, Ethereum, and USDC (CRYPTO: USDC) stablecoin. As of April 2026, …

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XRP (CRYPTO: XRP) supply dynamics and accumulation trends are beginning to draw attention from traders watching for a potential shift in momentum.

Supply Shows Interesting Developments

In an X post on Apr.23, EvernorthXRP noted that a record 7 billion XRP were withdrawn from exchanges in February, marking the largest monthly outflow since November 2025.

Such movements are typically interpreted as a shift away from short-term selling pressure, as assets moved off exchanges are more often held in longer-term storage.

In early April, large holders reportedly resumed accumulation at a pace of around 11 million XRP per day, reversing a period of inactivity that lasted more than three months.

Spot XRP ETFs …

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Meme coins have rallied nearly 20% in the past month, but analysts warn the gains are concentrated in a few tokens and the sector remains down 75% from its December 2024 peak.

The Concentrated Rally Problem

Illia Otychenko, lead analyst at CEX.IO, told DL News the rally may “overstate the sector’s health” as much of the growth came from a few fast-rising assets that distort the real picture.

“The rise in the meme coin sector appears driven by a mix of improving risk sentiment, rising on-chain speculation, and sharp gains in a handful of outsized tokens,” Otychenko said.

Meanwhile, Charles Chong, vice president of strategy at BlockSpaceForce, said the spike reflects a tired pattern rather than fresh conviction. 

“What you’re seeing isn’t bullish community energy. It’s a dead market full of sidelined gamblers desperate for the next game of musical chairs,” he said.

Dogecoin Still Down 87% From 2021 …

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A coalition including Coinbase (NASDAQ:COIN), Ripple (CRYPTO: XRP), Andreessen Horowitz, Circle (NYSE:CRCL), and Kraken has urged the Senate Banking Committee to advance the Clarity Act, warning delays risk pushing crypto offshore.

The April 23 Letter

The Crypto Council for Innovation and the Blockchain Association led the letter dated April 23, addressed to Senate Banking Committee Chairman Tim Scott (R-SC), Ranking Member Elizabeth Warren (D-Mass.), Digital Assets Subcommittee Chair Cynthia Lummis (R-Wyo.), and Ranking Member Ruben Gallego (D-AZ).

“With thoughtful market structure legislation, Congress has the opportunity to extend that leadership into the next generation of financial technology,” the groups wrote.

The coalition also backed the committee’s work on stablecoin-linked consumer rewards and efforts to …

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Anthony Scaramucci said the current downturn in Bitcoin (CRYPTO: BTC) reflects a typical market cycle rather than a structural issue, as he reiterated a long-term bullish outlook on the crypto sector.

Near-Term Weakness, Long-Term Optimism

Speaking at the Solana Policy Summit, Scaramucci said he expects continued market softness in the near term, with a more meaningful recovery likely toward late 2026 or early next year.

He attributed recent price declines to macroeconomic factors, including geopolitical tensions and profit-taking by large investors, rather than any deterioration in Bitcoin’s long-term fundamentals.

Scaramucci also emphasized the importance of regulatory clarity, arguing that clearer legislation would enable major banks …

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Bitcoin is trading sideways as Bitcoin ETFs saw $85.04 million in net inflows on Wednesday, while Ethereum ETFs reported $42.8 million in net inflows.  

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $77,793
Ethereum (CRYPTO: ETH) $2,331
Solana (CRYPTO: SOL) $85.46
XRP (CRYPTO: XRP) $1.41
Dogecoin (CRYPTO: DOGE) $0.09576
Shiba Inu (CRYPTO: SHIB) $0.056065

Meme coin market capitalization is trading 4.5% lower over the past 24 hours.

Trader Commentary: 

Trader Alex Wacy said market sentiment appears overly bullish despite Bitcoin not yet confirming a breakout. A decisive move higher could push BTC toward …

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Fundstrat’s Tom Lee said the U.S. is entering “an 18-to-24-month period that might be one of the best we’ve ever seen” as retail investors begin chasing the stock rally.

Retail Finally Chasing The Rally

Lee told Bloomberg TV on Wednesday that retail investors initially sat out the war rally due to “policy puzzlement” and fears about gasoline prices causing a recession. 

Surveys showed many investors didn’t know how big the Iran war could become.

“I was quite surprised because I would have assumed if someone asked me in 2026, a war is going to start, what will retail do? I would assume that they’d buy the dip,” Lee said.

He now believes retail investors are beginning to take money off the sidelines and buy stocks. “I think the retail investor will end up …

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Shiba Inu (CRYPTO: SHIB) lead ambassador Shytoshi Kusama alleged on Wednesday an attempt to erase Ryoshi’s foundational role in building the memecoin ecosystem.

Kusama’s Big Allegation

Kusama responded to an X post by “Oscar OG Shiba Inu,” an old community member, who pointed out that SHIB’s official website does not acknowledge Ryoshi and instead says the project had “no founders.”

“Erase the history so they can claim as their own. Ignore the lies,” Kusama said

SHIB’s Official Handle Responds

The official SHIB account stated that it was a minor footer error that was promptly fixed, and appreciated it being …

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Cryptocurrency punters betting on short-term moves of Dogecoin (CRYPTO: DOGE) are doubtful the memecoin will finish Thursday in the green.

Bookmakers Speculate On DOGE

Polygon (CRYPTO: POL)-based Polymarket currently assigns only a 14% chance that DOGE will finish higher by 12:00 p.m. ET on April 23.

The market resolves to “Up” if the 12:00 p.m. ET closing price of the DOGE/USDT 1-minute Binance candle exceeds its closing price at 12:00 p.m. ET on April 22. Otherwise, the market resolves to “Down.” If both prices are exactly equal, the market resolves 50-50, meaning participants can redeem their shares for half the potential $1 payout, i.e, at $0.50.

The closing price on April 22 was $0.097970, effectively …

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Tesla Inc. (NASDAQ:TSLA) held onto its Bitcoin (CRYPTO: BTC) through the first quarter, but reported significant paper losses on the holdings on Wednesday.

Tesla’s BTC Hoard Suffers In Bear Market

The Elon Musk-led mobility giant reported $786 million in digital assets as of March 31, down 22% from the fourth quarter of 2025.

Tesla reported paper losses of $222 million on its cryptocurrency holdings, marking back-to-back quarters of red ink.

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Billionaire investor and television personality Mark Cuban praised on Wednesday the new documentary on the real identity of Bitcoin‘s (CRYPTO: BTC) mysterious creator, Satoshi Nakamoto.

New Documentary ‘Really Good,’ Says Cuban

In an X post, Cuban found the film “really good” and “entertaining,” and the kind that will get people to think.

Titled “Finding Satoshi: The Search Ends Here,” the documentary claims to be an “evidence-based investigation” to uncover one of the biggest, if not the biggest, mysteries in the cryptocurrency world.

It follows investigative journalist William D. Cohan and private investigator Tyler Maroney as they interview early adopters and key voices in the industry, including Strategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor, along with influential security experts such as Jameson Lopp.

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Leading cryptocurrencies rallied, while stocks closed at new records on Wednesday on the Iran ceasefire extension, even as Strait of Hormuz tensions simmer.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m. EDT)
Bitcoin (CRYPTO: BTC) +2.39% $78,191.58
Ethereum (CRYPTO: ETH)
               		 +1.77% $2,366.07
XRP (CRYPTO: XRP)                          -0.39% $1.42
Solana (CRYPTO: SOL)                          +0.11% $86.48
Dogecoin (CRYPTO: DOGE)              +0.81% $0.09597

Crypto Market Gains Momentum

Bitcoin nearly topped $80,000 before easing off to the low $78,000s. Trading volume spiked 36% over the last 24 hours.

Ethereum topped $2,400, also supported by strong buying pressure,  while XRP and Dogecoin moved sideways.

Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed up 9.39% and 5.25%, respectively.

Over $460 million was liquidated in the past 24 hours,with $350 million in bearish positions alone wiped out, according to Coinglass data.

Open interest in Bitcoin futures rose 8.64% over the last 24 hours to $61.57 billion. Whale and retail traders on Binance, however, were “extremely bearish” on BTC, placing more shorts than longs.

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

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:20 p.m. EDT)
USD.A1 (CHIP)       +137.06%     $0.1323
Spark (SPK)                  +32.76%     $0.03881
Unibase (UB)            +24.71%     $0.05752

The global cryptocurrency market capitalization stood at $2.61 trillion, …

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Editor’s note: Updated to correct attribution and identify the cited source as a Treasury Department study.

Morgan Creek Capital CEO Mark Yusko said the CLARITY Act is “a horrible bill” written by big banks to delay the transition to better money, warning that if it passes, the crypto bear market could extend longer than expected.

The CLARITY Problem

Yusko told the Paul Barron Network that the CLARITY Act and GENIUS Act were written to forestall the inevitable transition to a system where people can be their own bank. 

He pointed to Bank of America (NYSE:BAC) CEO Brian Moynihan, who – on the company’s January earnings call – cited a recent Treasury Department study, which warned that upwards of $6 trillion in deposits could flow out of the banking system into the stablecoin environment.

“They’ve said the quiet part out loud,” Yusko said. “If you don’t pay people for their capital and they can get paid somewhere …

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Bitcoin is nearing $79,000, supported by fresh hopes about a settlement in the Iran war.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $78,815
Ethereum (CRYPTO: ETH) $2,392
Solana (CRYPTO: SOL) $88.18
XRP (CRYPTO: XRP) $1.45
Dogecoin (CRYPTO: DOGE) $0.09735
Shiba Inu (CRYPTO: SHIB) $0.056259

Notable Statistics:

  • Coinglass data shows 100,948 traders were liquidated in the past 24 hours for $448.03 million.       
  • SoSoValue data shows net inflows of $11.8 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $43.4 million.
  • In the past 24 hours, top gainers include SPX6900, Pudgy Penguins and Sei.

Notable Developments:

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Every week we are treated to news about new upgrades to agentic AI programs like Anthropic‘s Claude model, or the new products made by Austrian developer Peter Steinberger – OpenClaw – now owned by OpenAI. These products all stem from the traditional Web2 developer sphere. Their constant upgrades have overshadowed similar AI development in the Web3 universe. Within the financial press, blockchain AI startups are non-existent.

“Big Tech dominates today’s AI economy with its centralized infrastructure,”said Jacob Cantele,  Co-founder & CEO of CoinFello. Cantele was a key product leader at Consensys, where he oversaw MetaMask, the leading Ethereum wallet. CoinFello is an AI agent platform launched in March.

Blockchain based AI projects exist, of course, but that corner of the Web3 market is much smaller than the overall blockchain/cryptocurrency market. 

AI projects in Web3 represent a minority, roughly between 20% to 30%, of the overall money flow into Web3. According to India-based market research firm Market.Us, there were an estimated 17,000 AI agents operating on Web3 platforms by the end of 2025. Autonomous agents now cover 19% of all Web3 activity with billions in daily transaction volume.

The market’s largest AI-linked tokens mostly use blockchains for payments and identity. The strongest current examples are Cortex Labs for direct on-chain inference, and AI infrastructure plays ORA and Ritual. These are available to more sophisticated crypto traders on decentralized exchanges rather than on the big centralized ones like Kraken. 

For crypto traders who like the AI theme, Bittensor (CRYPTO: TAO) may be a way to play it without getting too focused.  Bittensor powers open-source, collective AI as a Web3 alternative to the centralized giants and can still be considered part of the AI/blockchain story. Investors who bought Bittensor in 2023 and held …

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Kalshi built its reputation letting users trade on elections, inflation prints, and Fed decisions. Now it wants to be where traders speculate on Bitcoin prices with leverage.

The prediction market platform plans to launch perpetual futures tied to the prices of cryptocurrencies in the coming weeks, according to a Bloomberg report, citing a person familiar with the plans.

The move marks the first time Kalshi will offer a product outside its core event contract business and it puts the company in direct competition with some of the biggest names in crypto.

What happens when a platform built for betting on outcomes starts offering leveraged crypto trades? The answer matters for prediction market users, crypto traders, and anyone watching the future of financial derivatives in the United States.

What Kalshi Actually Does

Kalshi is a federally regulated prediction market. Its core product is event contracts, binary yes/no markets on real-world outcomes. Users can trade on whether the Federal Reserve will cut rates, whether inflation will exceed a target, or who will win a presidential election. Unlike a traditional brokerage, Kalshi users are not buying assets. They are pricing probabilities.

That distinction matters. Kalshi’s users are already traders in a meaningful sense — they are assigning values to uncertain outcomes, managing positions, and taking on risk. The cognitive leap to crypto derivatives is shorter than it might appear.

Bernstein recently estimated that prediction market volumes will grow from approximately $51 billion in 2025 to $1 trillion by 2030.  Kalshi sits at the top of that market alongside Polymarket. The question its expansion answers is: what do you build when you’ve dominated a niche and the niche is about to go mainstream?

What Are Perpetual Futures?

A perpetual future or “perp”,  is a derivative contract that tracks the price of an underlying asset, typically a cryptocurrency, with no expiration date. Unlike a standard futures contract that settles on a fixed date, a perp stays open indefinitely. Traders pay or receive a funding rate — a …

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American Bitcoin Corp. (NASDAQ:ABTC), co-founded by Eric Trump, saw its shares rise about 10% in a single session on Wednesday after expanding its mining capacity and benefiting from a broader increase in Bitcoin (CRYPTO: BTC) prices.

Mining Expansion Boosts Capacity

American Bitcoin said it has activated approximately 11,298 additional mining machines at its Drumheller facility, adding about 3.05 exahashes per second (EH/s) of computing power at an efficiency of roughly 13.5 joules per terahash (J/TH).

The deployment completes …

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XRP (CRYPTO: XRP) is testing a key breakout zone as two technical patterns converge at the same trigger point, setting up a potential move to $1.70 if price breaks above $1.47.

The 4H Cup And Handle

The 4H chart shows a perfect cup and handle formed from March 21 to present. 

The cup scoops from $1.42 down to the $1.28 lows in early April and curves back up. The handle is consolidating right at the $1.45 neckline.

The measured move from this cup projects directly to $1.70. Current price at $1.4519 is sitting on the neckline trigger. A 4H close above $1.46 with volume activates this pattern.

The Daily …

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French banking giant Société Générale (OTC:SCGLY) is expanding its crypto client base through its digital asset subsidiary, Société Générale-FORGE (SG-Forge), as it positions for a projected rise in stablecoin usage.

Building A Broader Crypto Client Base

The bank currently serves about 15 crypto-focused firms, including exchanges, brokers and wallet providers. It has increasingly begun offering traditional banking services to crypto-native companies as Europe’s regulatory framework continues to mature.

CEO Jean-Marc Stenger said the bank expects corporate use of stablecoins to grow, although adoption remains limited, according to a Reuters report.

At present, stablecoins are primarily used for trading …

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Peter Schiff called Strategy’s (NASDAQ:MSTR) preferred stock STRC “the largest Ponzi in the world” after the company claimed the security was backed by Bitcoin (CRYPTO: BTC), warning the structure could collapse if new investors dry up.

The “Ponzi” Attack

Schiff responded to Strategy’s tweet claiming STRC was “backed by Bitcoin” on Tuesday, writing on X: “You mean it’s the largest Ponzi in the world. Investors don’t want Bitcoin. They want the 11.5% yield.”

He added that such returns were “financed by a pure Ponzi scheme,” warning that the structure could collapse if new investors dry up. “Then STRC crashes to zero,” Schiff wrote.

In an earlier response to Michael …

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