James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC) showed a measured reaction to a historic sell-off sparked by […] Original
Month: April 2025
Florida joins Bitcoin reserve race with first committee approval of HB 487
Florida has taken its first legislative step toward embracing Bitcoin as a state-held asset, joining the race led by Arizona and closely followed by New Hampshire. Florida is the latest U.S. state to make strides toward adopting Bitcoin (BTC) as a strategic reserve asset, as its House Bill 487 (HB 487) passed through the House Insurance and Banking Subcommittee with unanimous support on April 10 hearing. The bill, titled “Investments of Public Funds in Bitcoin,” proposes allowing Florida’s Chief Financial Officer and State Board of Administration to invest up to…
VeChain and 4ocean Collaborate to Tackle Ocean Plastic Crisis with Blockchain
Luisa Crawford Apr 11, 2025 09:34 VeChain partners with 4ocean to leverage blockchain technology in combating ocean plastic pollution, aiming to remove 300,000 pounds of debris in 2025. VeChain, a leader in blockchain-powered enterprise solutions, has announced a strategic partnership with 4ocean, a global ocean cleanup company, to address the escalating issue of plastic pollution in the oceans. This collaboration aims to leverage blockchain technology to enhance transparency and incentivize cleanup efforts, according to VeChain Official. Initiatives to Combat Plastic Pollution The…
New Hampshire House passes Bitcoin reserve bill in close vote
New Hampshire’s Bitcoin reserve bill has passed the state’s House, making it the fourth state to advance such legislation through one chamber. On April 10, the New Hampshire House voted 192-179 in favour of House Bill 302 after it cleared the House Commerce and Consumer Affairs Committee with a 16-1 vote in early March. The bill now heads to the Senate, where it will face further debate before potentially landing on Governor Kelly Ayotte’s desk for final approval. If signed into law, HB302 would authorize the state treasurer to allocate…
Kaiko Report Highlights Key Drivers of Q1 Crypto Market Decline and Outlook for Q2
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Pakistan Explores Allocating its Surplus Electricity to Bitcoin Mining
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) […] Original
Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers
US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied on human workers in the Philippines. Albert Saniger of Barcelona, Spain, founder and former CEO of the company Nate, was charged with one count of securities fraud and wire fraud, the Justice Department said in an April 9 statement, while the Securities and Exchange Commission filed a parallel civil action. Court documents said Saniger founded Nate around 2018 and launched an app of the same name in July 2020, marketing…
Sui Blockchain Prepares for Quantum Computing Challenges
Rongchai Wang Apr 11, 2025 14:15 Sui blockchain is enhancing its cryptographic systems to tackle the looming threat of quantum computing, ensuring long-term data security and integrity. The impending advancement of quantum computing presents a significant challenge to existing cryptographic systems, including those utilized by blockchains. As these powerful machines become capable of breaking traditional encryption methods, blockchain projects like Sui are taking proactive steps to secure their platforms. According to Mysten Labs, Sui is designed with cryptographic agility, enabling it to…
S&P 500 More Volatile Than Bitcoin as U.S. Assets Lose Investor Favor
For years, Wall Street criticized bitcoin (BTC) for its volatility, but the situation has dramatically changed as President Donald Trump’s aggressive trade policies diminish the appeal of U.S. assets. Since Trump’s Liberation Day tariff announcement on April 2, the seven-day realized volatility of the S&P 500, Wall Street’s benchmark equity index, has surged from an annualized 50% to 169%, according to data from TradingView. That’s the highest level since the coronavirus crash in 2020. BTC’s seven-day realized volatility has doubled to 83%, yet it remains significantly lower than the S&P…
Bitcoiners’ ‘bullish impulse’ on recession may be premature: 10x Research
It may be too early for Bitcoiners to start getting bullish over the longer-term impacts of a potential recession on Bitcoin’s price, says 10x Research head of research Markus Thielen. Thielen said in an April 11 markets report that credit spreads continue to widen, indicating that “recessionary concerns may be seeping deeper into the economy.” “Expecting a bullish impulse is too early,” he said. Bitcoin may face short-term headwinds While the long-term effects of a recession could be bullish for Bitcoin (BTC) — due to the monetary easing that typically…