Day: April 2, 2025

NASDAQ-listed FAT Brands accepts Bitcoin for franchise payments

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FAT Brands, an iconic restaurant chain listed on the Nasdaq, has added cryptocurrency to its accepted payment methods. The global restaurant franchising company announced the move via a press release on April 2, noting that it now officially accepts Bitcoin (BTC) for royalty payments. The company now supports BTC for franchise payments at its more than 2,300 locations worldwide. FAT is the parent company of Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and 14 other restaurant franchises across the globe. It launched in 2003 with the acquisition of Fatburger,…

Avalanche (AVAX) To Outpace Both Bitcoin and Ethereum By End of 2029, Standard Chartered Predicts After Initiating Coverage

Avalanche’s AVAX token is poised for major gains in coming years that should outpace already bullish outlooks for both bitcoin and ether, according to Standard Chartered’s Geoff Kendrick. “The unique thing about Avalanche is how it is attempting to achieve scale. Unlike Ethereum or Solana, Avalanche (AVAX) uses a set of subnets, or sidechains,” Kendrick said in a note on Wednesday, initiating coverage on AVAX with a $55 price target for the end of 2025, $100 for 2026, $150 for 2027, $200 for 2028 and $250 by the completion of…

Bitcoin Tops $86K on ‘Liberation Day’

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The cryptocurrency is trading higher as markets brace for President Donald Trump’s official tariff announcement on Wednesday afternoon. BTC Ticks Upward as Markets Await Trump Tariff Announcement President Donald Trump is set to announce new U.S. tariffs on the country’s global trading partners on Wednesday afternoon and bitcoin is trending upward on the news. The […] Original

SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan

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Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan. Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized…

7-Eleven Joins South Korea’s CBDC Pilot Program

Key Notes 7-Eleven has begun participating in South Korea’s CBDC trials. The prospect of a Digital Won has long been in the works for the Bank of Korea. Other countries, like the Bank of England, are also trialing CBDC prospects. South Korea has launched a nationwide test for its Central Bank Digital Currency (CBDC). This will allow selected businesses and consumers to participate. 7-Eleven, Inc., a leading convenience store chain, is one of the businesses taking part in the experiment. The trial, which started on April 1 and will run…

‘Liberation Day’ Nears: Trump’s Trade Agenda Sends Ripples Through Bitcoin, Stocks

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According to multiple accounts, U.S. President Donald Trump’s much-anticipated “Liberation Day” announcement is slated for 4 p.m. ET, broadcast from the White House Rose Garden. In the lead-up, financial markets have experienced pronounced fluctuations—touching equities, gold, and leading digital assets such as bitcoin. Here’s a breakdown of what has come to light so far and […] Original

Cardano Founder Reveals What Will Onboard 3 Billion New Users Into Crypto

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The crypto market spent most of March on a steady downtrend. Cryptocurrency prices across the board struggled on a downfall as investor caution and a lack of momentum suppressed…

Bitcoin breaks $86K as US tariff ‘Liberation Day’ risks 11% BTC price dip

Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin teases breakout in US tariff countdown Data from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28. Volatility remained in the run-up to US President Donald Trump announcing a sweeping round of reciprocal trade tariffs. The measures would be unveiled in an address from the White House Rose Garden at 4 pm Eastern…

Binance Altcoin Crash: A Trading Bot Mishap or Market Manipulation?

Key Notes ACT token crashed a whopping 80% in the past 24 hours alongside other coins on Binance. Traders blamed trading firm Wintermute for causing this slump on altcoins on Binance. Binance said that three VIPs sold a combined $514,000 worth of ACT tokens, causing the crash. Leading crypto exchange Binance came under the crosshairs of the digital asset community when a sudden and drastic price crash hit multiple tokens. Investors were left scrambling as coins like ACT, DEXE, and DF plunged, with ACT dropping almost 57% on April 1st…

Grayscale launches two new Bitcoin outcome-oriented products

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Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs). According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility: “Both strategies may be considered as an alternative income stream that’s less correlated to traditional income-oriented investments.“ A complex derivative product The Bitcoin Covered Call product seeks to capture…