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Coin Telegraph

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Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

  • Lawmakers in Minnesota and Alabama have filed companion bills to allow state investment in Bitcoin.
  • The Minnesota Bitcoin Act would enable the state's investment board to invest in Bitcoin and exempt crypto gains from state income taxes.
  • The Alabama bills do not explicitly mention Bitcoin but limit crypto investments to assets with a minimum market value of $750 billion.
  • A total of 26 US states have introduced Bitcoin reserve bills, with Arizona being the closest to implementing such a law.

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Intelalley

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Broadridge: Investments in AI and Digital Assets Surge

  • Data harmonization is vital for implementing AI and digital assets, with 80% of firms investing in AI and 50% predicting significant adoption of digital assets in capital markets in the coming years.
  • 58% of financial services executives prioritize a clear data strategy for maximizing technology ROI, yet 40% face data quality challenges.
  • 41% of executives feel their technology strategy is not progressing fast enough, and 46% believe legacy tech is impacting resiliency negatively.
  • Firms plan to allocate 29% of their total IT spend to technology innovation over the next two years, a 7% increase from the previous year.
  • Financial services focus on data strategy, AI, digital assets, and resilience in response to market demands in 2025, per Broadridge's Digital Transformation & Next-Gen Technology Study.
  • Executives acknowledge the importance of addressing data harmonization and legacy tech to drive digital transformation and innovation in financial services.
  • Investments in GenAI are surging, with 72% of firms making significant investments this year, up from 40% in 2024.
  • Financial services are also heavily investing in blockchain, cryptocurrency, and cloud platforms to enhance operational efficiency and agility.
  • The study reveals a shift towards leveraging GenAI for productivity gains and increased focus on digital assets, including blockchain technologies and cryptocurrency.
  • Cloud technology remains crucial for scalability and operational efficiency, with 86% of firms integrating it and 84% making substantial investments this year.
  • Broadridge's study provides insights from over 500 financial services leaders globally, outlining trends in data, AI, cryptocurrency, cybersecurity, and personalization.

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Bitcoinist

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VanEck Seeks BNB ETF Approval—Big Win For Binance?

  • Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware.
  • VanEck's BNB ETF will track the price of Binance Coin, the fifth-largest cryptocurrency.
  • This marks the first attempt to create a BNB ETF specifically for US investors.
  • The move reflects growing investor appetite for regulated cryptocurrency investment vehicles beyond just Bitcoin.

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Newsbtc

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Analyst Identifies Key Bitcoin Demand Zone For ‘Substantial Gains’ – Details

  • Analyst BorisVest identifies a demand zone for Bitcoin (BTC) that could lead to substantial gains.
  • Based on market dynamics, BTC's Active Realized Price (ARP) is around $71,000, representing almost a 20% pullback from the current price.
  • BTC's True Market Mean Price (TMMP) has a key support level at $65,000, suggesting significant demand in that range.
  • Prominent analysts point out resistance levels at the 200-day MA ($86,200) and the 50-day MA ($88,300) for potential price barriers.

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Coinpedia

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XRP Ripple News: RLUSD Minting Hits $100M As Demand Soars

  • Ripple USD (RLUSD) issuance reaches $100 million, driven by increasing demand.
  • RLUSD could pose competition to major stablecoins like Tether (USDT) and USD Coin (USDC).
  • XRPL-based DeFi apps are expected to benefit from the popularity of RLUSD, increasing demand for XRP tokens.
  • RLUSD market cap nears $250 million, with availability on multiple exchanges including Kraken.

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Cryptopotato

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Tariff Shock Wipes Out $140B From Crypto, Liquidations Jump to $500M (Market Watch)

  • Bitcoin's price rally was halted by Trump's latest tariffs, resulting in a drop of over $6,000 in a few hours.
  • Altcoins also suffered losses, with some losing up to 10% of their value since their local peaks.
  • BTC experienced volatility, reaching a weekly high of over $88,500 but slumping due to the new tariffs to just above $82,000.
  • The total crypto market cap has dropped by about $140 billion, with liquidations reaching $500 million.

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Coinpedia

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EOS, Story, & Litecoin Surge As Markets Consolidate—Here’s What’s Next for These Altcoins

  • Some altcoins, including Story, EOS, and Litecoin, are showing strength in the face of bearish market activity.
  • Story (IP) is expected to consolidate and potentially experience a significant price increase, with upper targets at $4.5, $4.8, and $5.
  • EOS (EOS) has broken above bearish influence and is heading towards a golden cross, with a target price of $1.
  • Litecoin (LTC) is flashing bearish signals, with the possibility of dropping below the trend line, reaching a local support at $75.

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Coinpedia

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Top 10 Solana Blockchain APIs for Developers

  • Bitquery offers an unparalleled Solana API with advanced blockchain analytics, transaction insights, and real-time data access.
  • QuickNode offers an optimized API for faster blockchain queries. Its infrastructure is designed for speed and scalability.
  • Alchemy provides a Solana API suite with debugging tools and enhanced indexing capabilities.
  • Bitquery's Solana API is unmatched in delivering real-time blockchain analytics, transaction insights, and DeFi intelligence.

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Coinpedia

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U.S. House Passes STABLE Act: Trump’s Stablecoin Ties Spark Debate

  • The U.S. House Financial Services Committee has passed the STABLE Act, a bill aimed at regulating stablecoins.
  • Democrats express concern over Donald Trump's involvement with World Liberty Financial and its USD1 stablecoin.
  • Republicans are pushing for quick action on stablecoin regulations while Democrats raise questions about Trump's personal gain.
  • The House also discussed banning a U.S. central bank digital currency (CBDC) and combating illicit crypto activities.

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Medium

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STONfi Now Powers TON Swaps on OKX Wallet:

  • The integration of STONfi with OKX Wallet represents a major milestone in the adoption and usability of the TON blockchain.
  • STONfi is a decentralized exchange (DEX) built on the TON blockchain, offering users the ability to trade assets efficiently with low fees.
  • The integration brings seamless TON swaps, deeper liquidity, better accessibility, and increased security for everyday users and traders.
  • This partnership strengthens the foundation for further innovation and adoption in the DeFi space on the TON blockchain.

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TronWeekly

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Why AVAX Could Hit $250 While Bitcoin Lags Behind

  • Standard Chartered Bank predicts that AVAX (Avalanche) will reach $250 by 2029, outperforming BTC and ETH.
  • The bank praises AVAX's scalability through subnets, but some critique the predictions as overly optimistic.
  • Grayscale files for an AVAX ETF, highlighting its low fees and customization options.
  • Despite recent price underperformance, AVAX has gained institutional support and interest.

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Cryptopotato

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Tron’s Justin Sun Allegedly Provided Emergency Loan to Stabilize TUSD Stablecoin

  • Tron founder Justin Sun provided an emergency loan to stabilize TrueUSD (TUSD) stablecoin.
  • TrueUSD's reserves faced a liquidity crisis after funds were diverted into illiquid investments.
  • Techteryx turned to Justin Sun for help, and he provided emergency funding to quarantine troubled reserves.
  • Techteryx assumed full control of TUSD, ending TrueCoin's role in the stablecoin's operations.

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Crypto-News-Flash

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Compound Adopts Uniswap-Style Governance with New Foundation

  • Compound Finance is exploring the establishment of a dedicated foundation to enhance its governance and operational efficiency.
  • The proposed foundation takes inspiration from the Uniswap Foundation, aiming to emulate its successful blueprint for a more organized and decentralized ecosystem.
  • Compound Labs plans to involve the community in conversations about the proposed foundation, encouraging feedback and active collaboration.
  • The market has shown optimism following the news, with Compound's COMP token seeing notable gains in price.

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TronWeekly

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5 Best Crypto Casinos (no KYC) | Listed Biggest Online Bitcoin Casinos with High Payout – April Update

  • This article highlights the top five best crypto casinos for players who enjoy crypto gambling and want to steer clear of fraudulent platforms.
  • 7Bit Casino tops the list with its vast game library of over 10,000 games, robust security features, and a generous welcome bonus package of up to 5.25 BTC and 250 free spins.
  • BitStarz, a well-established online casino, stands out with over 6,000 games, exceptional customer service, and a welcome bonus of 5 BTC and 180 free spins.
  • KatsuBet offers more than 7,000 games, a user-friendly interface, and a welcome bonus of 5 BTC and 200 free spins, making it a popular choice for crypto gaming enthusiasts.
  • MIRAX Casino, known for its French style design and extensive game collection, entices players with a welcome bonus of up to 5 BTC and 150 free spins.
  • Bets.io shines with a game library of over 10,000 games, sportsbook options, and attractive bonuses like a 100% up to 1 BTC welcome bonus with 100 free spins.
  • Various bonus offers, such as cashback, reload bonuses, and exclusive promotions, are available across these casinos to enhance the gaming experience for players.
  • Accepted cryptocurrencies and fiat payment methods make transactions convenient, with some platforms offering more than 500 cryptocurrencies for deposits and withdrawals.
  • Players are advised to thoroughly review the terms and conditions of each casino before engaging in online gambling to ensure a seamless and enjoyable gaming experience.
  • Choosing a reputable crypto casino like 7Bit Casino can provide players with top-notch security, diverse gaming options, and rewarding bonuses, setting the stage for an immersive gaming journey.
  • Despite the specific recommendations, all five casinos mentioned in the article offer standout features that cater to different preferences, making them viable options for cryptocurrency enthusiasts.

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TronWeekly

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Bitcoin Plunges as Markets Lose $2 Trillion in Trump Tariff Chaos

  • Bitcoin and major cryptocurrencies took a nosedive after former President Donald Trump announced new tariffs targeting 185 countries.
  • The move triggered a widespread market selloff, wiping out $2 trillion in equity value.
  • Nasdaq 100 futures plunged nearly 900 points before stabilizing, while Ethereum crashed 4.5%.
  • Resistance to Trump's tariff policy is mounting in Washington, with bipartisan efforts to curb emergency tariff powers facing uphill battles.

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