Trump-backed World Liberty Financial appears to be offloading Ethereum following increasing losses as ETH plunges below $1,500. According to data shared on X by Lookonchain, on Apr. 9, a wallet linked to WLFI reportedly sold 5,471 Ethereum (ETH) for around $8 million, at a price of $1,465 per coin. The sale represents a major loss….
Michael Saylor’s software company, Strategy, which is heavily invested in Bitcoin, may soon have to sell some of its Bitcoin holdings to meet financial obligations. In an Apr. 7 regulatory filing, the company disclosed that if it fails to secure timely financing, either through equity or debt, it may be forced to sell Bitcoin (BTC)…
A filing to list a SUI exchange-traded fund on Cboe BZX has landed with the SEC, setting the stage for potential approval of a spot fund tied to the layer-1 token. Filed on April 8, the proposal was submitted by Cboe BZX Exchange and seeks regulatory clearance to list and trade shares of the Canary…
M^0 has expanded its stablecoin platform to Solana, enabling developers to launch programmable stablecoins. Stablecoin protocol M^0 is expanding to Solana, allowing developers to create digital dollars that are tailored to their needs and easily interchangeable with high liquidity, the firm said in a press release shared with crypto.news. KAST, a neobank built on stablecoins,…
The U.S. Department of Justice is scaling back its efforts to regulate the cryptocurrency industry and shutting down its National Cryptocurrency Enforcement Team. Launched in 2022 under the Biden administration, NCET was a key player in prosecuting cryptocurrency-related offenses, including the DOJ’s historic $4.3 billion settlement case against Binance and its CEO Changpeng Zhao. However,…
How did Janover go from real estate loans to a Solana validator network — and what explains its 840% stock jump in less than 24 hours? A tiny SaaS firm goes full crypto Janover (JNVR), a relatively unknown software company that connects commercial real estate borrowers with lenders, has made an unexpected move into the…
The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets. ESMA, the European Union’s securities watchdog, has once again touched on the issue of crypto regulation, warning that crypto-related risks could impact financial stability. According to ESMA executive director Natasha Cazenave, this possibility has increased…
Binance’s BNSOL is quietly capturing Solana’s liquid staking market, reaching second place in dominance just six months after launch Binance is quietly gaining dominance in Solana’s (SOL) liquid staking market. According to Dune analytics, after just six months of launch, Binance’s BNSOL reached a market share of 21.4%. This puts the BNSOL total value locked…
Exploring Bitcoin’s recent price developments through the lens of Auction Market Theory, a market philosophy that helps explain how price moves between periods of balance and imbalance With Bitcoin (BTC) having recently broken away from a key consolidation zone, understanding this shift through AMT offers valuable insight into both immediate and long-term expectations. As price…
Bitcoin, Ethereum, and most altcoins are down amid an unprecedented US tariff hike on China. Crypto markets are still reeling from the latest US tariff hike. On Tuesday, April 8, the White House confirmed that the tariff on all goods from China will increase to 104%, effective on April 9, 12:01 AM, Eastern Time. Shortly…
