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Cryptography News
Cryptopotato
7d
244
Image Credit: Cryptopotato
Settlement in Sight? Ripple and SEC File Joint Motion to Stay the Appeal
- Ripple Labs and the SEC have jointly requested a pause on their individual appeals case.
- The case awaits the SEC's approval to be officially paused.
- If approved, the SEC and Ripple Labs can draft the final settlement terms.
- XRP's price experienced a decline following the joint motion, but later rebalanced.
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Coindoo
7d
178
Image Credit: Coindoo
Bybit Web3 Exclusive: BTC Staking with Lombard, up to 5% APY and Points Multipliers
- Bybit, the world’s second-largest cryptocurrency exchange, is expanding access to BTC staking with Lombard Finance.
- Bybit Web3 users can stake BTC within the wallet to earn extra points across Lombard, Babylon, and Veda.
- LBTC is the leading BTC liquid staked token, allowing BTC holders to activate their assets in DeFi and earn staking yields.
- Bybit Web3 users can earn up to 5% APY in DeFi yield, along with additional rewards, through the BTC staking campaign.
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Coinjournal
7d
253
Crypto price predictions: What’s next for Pi Network, XRP, and PepeX?
- Pi Network surges to $0.5920, eyeing $1.83 with bullish signals.
- XRP hits $2.00, targeting $2.25 amid ETF optimism.
- PepeX presale at $0.0255 offers 222.745% returns by the end of the presale.
- The cryptocurrency market rebounds following the US tariffs pause, with investors focusing on Pi Network, XRP, and PepeX for potential gains.
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Coindoo
7d
111
Image Credit: Coindoo
Is Senator Lummis Hinting That the USA Could Start Buying Bitcoin?
- Wyoming Senator Lummis has raised the question of whether the USA could start buying Bitcoin.
- The possibility of creating a strategic Bitcoin reserve is being discussed, either through legislative action or independent initiation by the Treasury Secretary.
- Former President Donald Trump's executive order supporting the concept of a national BTC reserve has fueled the momentum behind this initiative.
- Whether the move towards Bitcoin as part of the strategic financial arsenal will require congressional approval or executive action is still uncertain.
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Zycrypto
7d
269
Image Credit: Zycrypto
Dogecoin Secures Big Institutional Nod As 21Shares Files For Spot DOGE ETF After ‘Exclusive’ Partnership With House Of Doge
- 21Shares has applied for a spot exchange-traded fund based on Dogecoin (DOGE) in the US, backed by the House of Doge.
- The partnership aims to bring transparent and institutional-grade investment options for Dogecoin to the market.
- Dogecoin, with a market cap of $22.9 billion, is the eighth biggest cryptocurrency.
- 21Shares joins Bitwise and Grayscale in the race to offer Dogecoin-based investment products in the United States.
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Zycrypto
7d
269
Image Credit: Zycrypto
Crypto Bull Doubles Down On Solana, Swoops 32,000 SOL, Will Price Uptick Sustain?
- A crypto whale has accumulated 32,000 Solana (SOL) tokens following a significant leap in crypto prices.
- Solana whale bought 32,000 tokens worth about $3.72 million, backing Solana across many price cycles.
- Renewed demand for whales and rollout of confidential balances aided Solana's positive traction.
- Institutional demand for crypto assets surged as institutional investors have their gaze fixed on numerous spot altcoin ETFs.
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Coindoo
7d
340
Image Credit: Coindoo
Florida Unanimously Passes Bitcoin Reserve Bill in House Committee
- Florida unanimously passes Bitcoin reserve bill in House Committee.
- The measure heads to the full state legislature, a landmark achievement without opposition.
- The bill proposes a $1.5 billion investment in Bitcoin as part of a strategic reserve.
- Florida joins other states in embracing cryptocurrency as a legitimate financial asset.
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Coindoo
7d
74
Image Credit: Coindoo
China Will Ignore U.S. Further Tariff
- China's commerce ministry has announced a further tariff hike on US goods exported to China.
- China's commerce ministry states that it will ignore any further tariffs imposed by the US.
- Chinese officials are seeking to form a broader coalition with other nations against Washington's trade policy.
- The tariff war between China and the US may result in a prolonged standoff with global repercussions.
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Coinjournal
7d
336
Block settles $40 million crypto investigation linked to Cash App
- Block Inc., the parent company of Cash App, has agreed to a $40 million settlement with the New York Department of Financial Services (NYDFS) following findings of compliance shortcomings tied to its crypto services.
- The compliance failures included insufficient customer due diligence, weak transaction monitoring, and inadequate screening of high-risk crypto activity.
- The settlement comes after Block paid $80 million in penalties earlier this year and showcases the increasing regulatory scrutiny of fintech platforms offering crypto services.
- Despite the compliance challenges, Block reported growth in its crypto and banking offerings, with Cash App having more than 57 million monthly active users and generating $6.03 billion in revenue in 2024.
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Coindoo
7d
178
Image Credit: Coindoo
President Trump Makes History With First Crypto Bill Signing
- President Trump has made history by signing the first crypto bill into law.
- The bill overturns the IRS's revised crypto tax reporting rule, which aimed to include decentralized finance (DeFi) exchanges.
- The cryptocurrency industry strongly criticized the rule, highlighting the unique structure of DeFi platforms that make it difficult to comply with reporting requirements.
- With the bill signed, the crypto industry has halted the expansion of the IRS's definition of brokers, benefiting DeFi platforms and other stakeholders.
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Cryptoticker
7d
149
Image Credit: Cryptoticker
Bitcoin's Next Move After 145% Tariffs
- Bitcoin price is facing uncertainty and volatility as global geopolitics, particularly US-China trade tensions, affect the cryptocurrency market.
- While Bitcoin has seen brief price spikes, market sentiment remains cautious as investors are uncertain about the impact of the trade war.
- The daily chart shows that Bitcoin is in a holding pattern, with the price consolidating around $80,400, and resistance from the 20-day SMA and 50-day SMA.
- In the short term, Bitcoin's hourly chart suggests a potential rebound, with the price reclaiming key moving averages. However, lack of conviction from institutional investors is a red flag.
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Coindoo
7d
195
Image Credit: Coindoo
China to raise tariffs on U.S. goods to 125%
- China will raise tariffs on U.S. goods to 125% in response to the U.S. raising tariffs on Chinese imports to 145%.
- The Chinese Ministry of Finance criticized the U.S. actions as 'unilateral bullying and coercion' and vowed to counter any measures harming China's interests.
- China called the U.S. tariff hikes 'a joke in the history of world economy' and stated that current tariff rates have destroyed the market for U.S. goods in China.
- China responded to the U.S. actions by raising tariffs on U.S. imports from 84% to 125%, effective April 12, 2025.
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Coindoo
7d
273
Image Credit: Coindoo
Ripple and SEC Move Closer to Settlement
- Ripple and the SEC have agreed in principle to settle the legal dispute over the sales of XRP tokens.
- The motion proposes an 'abeyance' period to conserve resources for further negotiations.
- The case centers around the classification of XRP as a security, with Ripple arguing against it.
- A final ruling from the district court is pending, awaiting SEC approval of the settlement.
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Coindoo
7d
153
Image Credit: Coindoo
European Stocks Recover as Volatile Week Ends
- European stocks rebounded after reaching their lowest point in nearly 18 months earlier in the week.
- Despite the volatility caused by erratic tariff changes, European stocks gained between 0.3% and 0.7% across regional indexes.
- The European Union paused its retaliatory tariffs on U.S. goods, creating an opportunity for potential negotiations or countermeasures in case the tariff war resumes.
- Tensions between the U.S. and China escalated, adding more pressure to the ongoing trade conflict and raising uncertainty in international trade relations.
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Cryptopotato
7d
157
Image Credit: Cryptopotato
Crypto Price Analysis April-11: ETH, XRP, ADA, SOL, and BNB
- Ethereum (ETH) closed the week with a 14% loss, and the momentum remains firmly bearish.
- Ripple (XRP) experienced a 4% loss this week and is turning bearish. A clean rally above $2 could reverse this sentiment.
- Cardano (ADA) closed with a 5% loss and the previous support at $0.64 appears to be turning into resistance.
- Solana (SOL) saw a 1% loss, and maintaining a three-digit valuation is critical for the price.
- Binance Coin (BNB) closed the week with a 3% loss but managed to keep its price above the support at $550.
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