Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state treasurer and retirement system to invest […]
“Ethereum just scored a monster win,” said former Ethereum developer Eric Connor on X on April 30. His comment came in reaction to an April 28 prospectus filing with the US Securities and Exchange Commission by BlackRock, which aims to tokenize its $150 billion Treasury Trust market fund with a new “DLT Shares” asset class. […]
The overall demand and interest for the spot Bitcoin ETFs in the US has returned in full force as the products have recorded an impressive streak of seven consecutive days of net inflows. On April 28, though, many showed signs of weakness, while BlackRock’s IBIT stole the show with a multi-month record. IBIT Sees Almost […]
Digital asset investment products saw $3.4 billion in inflows last week, the largest since mid-December 2024 and ranking as the third-biggest weekly inflow ever recorded. CoinShares’ Head of Research James Butterfill suggested the shift is driven by mounting fears of tariffs impacting corporate earnings and the steep decline of the US dollar. As such, Investors […]
On April 28, Mastercard announced a partnership with the OKX crypto exchange and Canadian payments processor Nuvei, which will “unlock a 360-degree approach where consumers can spend stablecoins and merchants can receive them.” The firm described the new technology as having “global end-to-end stablecoin acceptance and payments capabilities,” and cited “increasing global regulatory clarity” for […]
The latest on-chain data suggests that the team behind the popular meme coin, which exploded in value in the past week or so, has begun to transfer large portions to centralized exchanges. The community quickly picked up the move and most criticized it as a potential dump scheme. TRUMP to Exchanges The meme coin has […]
Nexo, the global digital assets wealth platform, has announced its return to the United States market. The development was revealed during an exclusive business event featuring keynote addresses from Donald Trump Jr., Executive Vice President of The Trump Organization; Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology; and Antoni Trenchev, Co-Founder of Nexo. Optimism […]
“Bitcoin fundamentals have turned bullish, not a bad setup to break all-time highs,” said technical analyst Willy Woo on April 27. He added that capital flows into the network “are ramping up,” sharing a chart that showed an increase in 30-day total flows and a decrease in 30-day speculative flows. “Both total and speculative flows […]
In its 2024 annual report, the FBI’s Internet Crime Complaint Center (IC3) revealed a sharp rise in the number and severity of cryptocurrency-related fraud cases. Over the course of the year, the IC3 recorded over 140,000 complaints linked to cryptocurrency, which led to staggering financial losses of $9.3 billion. Alarming Trend A significant portion of […]
THORChain weathered a turbulent start to 2025, as the Layer 1 network faced mounting macroeconomic pressure, internal network challenges, and shifting altcoin sentiment. Following a volatile end to 2024, THORChain’s native token, RUNE, suffered a sharp correction in Q1 2025 and ended up closing the quarter at $1.14, down 74.5% quarter-over-quarter (QoQ). This significantly underperformed […]