BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of…
Fartcoin price gained momentum on Friday as it jumped by over 26%, making it one of the best-performing tokens in crypto. Fartcoin (FARTCOIN), the third-largest Solana meme coin, rose to $0.9192—its highest point since January 31. The token has now climbed 332% from its lowest level this year. The ongoing surge coincides with a sharp…
As Bitcoin falls and volatility spreads, Schiff sees the end. But with the S&P now mirroring BTC’s behavior, is Bitcoin really failing? Bitcoin “dies” again Peter Schiff has long been one of Bitcoin’s (BTC) most vocal critics. Over the years, he has maintained that the asset lacks intrinsic value, that its price is driven purely…
Asset management giant Grayscale has updated its lists of crypto assets under consideration and included in its products, naming Maple, Geodnet, and Story as the projects it’s most bullish on this quarter. On April 10, Grayscale Investments updated its lists of crypto assets under consideration and included in its products. Among the new additions in…
Lomond School declares parents can pay tuition fees in Bitcoin starting from Autumn, in a landmark move that makes it the first school in the U.K to accept Bitcoin payments. According to a report on the Independent School Management site, the co-educational boarding school has become the first school in the U.K. to accept Bitcoin…
The US dollar index crashed to its lowest level since April 2022 as the trade war between China and the US escalated and jitters in the bond market continued. The DXY index, which tracks the greenback against a basket of developed-world currencies like the euro, sterling, and Japanese yen, dropped to $99—down 10% from its…
Stellar may be gearing up for a breakout, as stablecoins, active addresses, and other metrics are on the rise. Stellar (XLM) is showing signs of strength, both in decentralized finance and in technicals. On Friday, April 11, the stablecoin market cap on the chain broke $300 million, reaching an all-time high of $3.6 million. At…
Synthetix’s algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90. The depeging began in March, with sUSD briefly slipping below $1, but the situation worsened after the implementation of SIP-420—a governance proposal aimed at improving capital efficiency and simplifying the user experience within the Synthetix (SNX) ecosystem. According to…
North Carolina lawmakers have proposed a bill that would allow citizens to use crypto assets to carry out economic transactions, including tax payments. In a bill filing sponsored by State Representative Neal Jackson, House Bill 920 aims to allow the use of crypto assets for tax payments as well as other economic transactions. If enacted…
A bill targeting crypto fraud and deceptive practices has been passed by the Illinois Senate. Dubbed the Digital Assets and Consumer Protection Act, Senate Bill 1797, introduced by Senator Mark Walker, cleared the chamber with a 39-17 vote on April 10. The bill sets out to bring crypto businesses under tighter scrutiny by requiring them…
