US Senators Thom Tillis (R-NC) and John Hickenlooper (D-CO) have reintroduced a legislative measure to prevent digital asset custodians from co-mingling customer funds with institutional or proprietary capital. The bill, dubbed the Proving Reserves of Others Funds (PROOF) Act, also mandates monthly third-party inspections of custodial reserves, building on standards already used informally across the…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. When Donald Trump paired his Solana memecoin with USDC, the Solana network’s stablecoin supply predictably shot upwards — creating 306 days of supply growth over a long weekend, as we put it in this newsletter. Although much of this supply growth stemmed…
The US stock market has been increasingly volatile in the first three months of 2025. That has led projections to be shrouded in continued uncertainty amid geopolitical tension and a fragile US economy. Subsequently, Microsoft (MSFT) has recently gotten a price target cut and an outperform rating, with the stock eyeing $475. According to Wedbush,…
FARTCOIN has been one of the standout performers in the meme coin space, with its price soaring nearly 250% over the last 30 days. After weeks of consistent gains, the token is now trading just below a key resistance level as technical indicators continue to support the bullish trend. Momentum remains strong, with on-chain metrics…
Jessie A Ellis Apr 11, 2025 20:09 The Astar Contribution Score (ACS) campaign significantly boosts the Soneium ecosystem, achieving major milestones and integrating innovative projects at the halfway point of its 100-day run. The Astar Contribution Score (ACS) campaign is proving to be a transformative force within…
The crypto market has taken a pause in early Q2, with Bitcoin floating under $78,000 and Ethereum unable to push past $2,000. XRP, one of the most widely held altcoins, continues to face stiff resistance at around $1.96, after multiple failed attempts to break out. The result? Uncertainty for long-term holders and fading excitement among…
U.S. stocks edged higher Friday following remarks from the White House indicating the Trump administration’s confidence in securing a trade agreement with China. On the same day, Susan Collins, the president and CEO of the Federal Reserve Bank of Boston, stated that the central bank stands ready to implement measures aimed at steadying financial markets….
Chainlink (LINK) price is revisiting a critical level after a sharp 15.9% weekly correction. Currently, the top coin is trading at $12.91, showing 6.97% daily gains. The trading volume was also low at $345.41 million after lowering by 43.7% in a day. This suggests buyers are not active even price rises. Furthermore, LINK’s ascending trendline…
The market is bouncing back after Trump paused plans to raise tariffs, and recent inflation data (CPI and PPI) showed signs of slowing down. Because of this, altcoins are holding strong, and XRP is looking to make a big move past the $2 mark. With several indicators showing growth, buyers seem to be in control…
Crypto whales have been active this week. From big Bitcoin accumulation to tactical Ethereum moves and investment in new altcoins, these moves tell us something about market direction. This week has seen whale activity across many cryptos, so let’s get into it. Bitcoin (BTC): Whale Transactions Soar Amid Volatility Whales have been busy, with 1,000…
– Advertisement – Dollar-cost averaging advised as 30-day altcoin trading volume dips below yearly average, hinting at accumulation opportunities. Investor caution persists despite favorable metrics, echoing 2023’s delayed but eventual altcoin rebound after prolonged low-volume phases. Recent trade tensions between the U.S. and China have contributed to declines across global financial markets, including cryptocurrencies. Bitcoin…
GPT-4 Retirement: OpenAI’s Revolutionary Shift to GPT-4o in ChatGPT Skip to content Home AI News GPT-4 Retirement: OpenAI’s Revolutionary Shift to GPT-4o in ChatGPT Source link
Ripple made headlines this week when it became the first crypto-native company to acquire a multi-asset prime broker, potentially setting the stage for wider adoption of its XRP Ledger technology. The acquisition of Hidden Road didn’t come cheap, either, as Ripple doled out $1.25 billion for the brokerage. It was a price Ripple CEO Brad…
The presale for Mutuum Finance (MUTM) has sparked fierce debate in crypto as it passes $6.5 million in sales, while over 396 million tokens have been snatched up by over 8,100 holders. Now in Phase 4 of an 11-stage presale, MUTM tokens are being offered at $0.025 — an amount that will jump 20% to $0.03 as…
The United States Securities and Exchange Commission (SEC) has dropped a lawsuit against Nova Labs, the creator of the decentralized wireless network Helium. The SEC had alleged the firm had issued unregistered securities. The lawsuit against Nova Labs was the agency’s final act under former Chair Gary Gensler and aimed to penalize the crypto firm…
Key Points: Record gold price surge due to global economic factors. Spot gold exceeds $3,200 per ounce. U.S.-China trade tensions heighten, boosting safe-haven demand. Gold Reaches Historic $3,200 Amid Geopolitical Tensions On April 11, spot gold experienced a record-breaking increase, soaring past $3,200 per ounce. This surge occurred amidst significant geopolitical tensions and economic shifts,…
The BUIDL fund managed by BlackRock experienced significant growth from its original $500M AUM to $2.1B AUM. Investors prefer to purchase BUIDL tokens through Ethereum because the blockchain network maintains more than 90 percent of the total supply. The volatility in markets, together with increasing treasury yields, creates strong market demand for approved blockchain funding…
The Bank of England is raising concerns regarding the potential risks associated with the burgeoning stablecoin market in the United Kingdom. During recent discussions on April 4 and 8, the Financial Policy Committee (FPC) examined the financial threats posed by the expanding presence of stablecoins in the economy. What Are the Risks Involved with Stablecoins?Could…
Bitcoin creates a descending wedge pattern which indicates the potential for breaking through the $91,500 resistance barrier. The Bitcoin price increased by 5.5% within a day while ranging from $79K to $84K which indicates strong purchasing behavior. The analyst team anticipates BTC to rise toward $108,000 resistance if the price breaks through $91,500. A major…
Argentina’s politics took a decisive turn this week as the lower chamber of Congress greenlit a formal investigation into the controversial Libra cryptocurrency, a token reportedly linked to President Javier Milei and his inner circle. The commission, backed by 128 lawmakers and opposed by 93, will examine whether top officials were complicit in the launch…