Month: April 2025

SEC chair suggests ‘huge benefits’ in agency’s third crypto roundtable

In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation.  In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had…

Nasdaq soars 6% for the week as Bitcoin eyes $100k retest

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Stocks ended the week on a strong note, with the S&P 500 and Nasdaq Composite posting solid gains despite ongoing uncertainty around global trade. The S&P 500 gained 0.5% to close the week, while the Nasdaq added 0.9%. However, the Dow Jones Industrial Average lagged behind other indices, recording a small 47-point, or 0.1%, decline. Google’s parent company, Alphabet, appeared to have boosted investor confidence after topping first-quarter earnings estimates. Notably, revenue of $90.23 billion and earnings per share of $2.81 beat estimates of $89.12 billion and $2.01 per share,…

Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line?

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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. Ethereum is trading above $1,700 after a volatile few weeks, with bulls now trying to reclaim higher levels and flip resistance into support. Despite lingering macroeconomic tensions and the…

Cantor Fitzgerald crypto play, ETF inflows highlight industry’s big sentiment shift

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US President Donald Trump’s first 90 days in office have been miserable for Bitcoin (BTC) and the broader cryptocurrency industry. Despite positive regulatory developments, culminating in the first-ever White House crypto summit on March 7, digital asset prices have been dragged down by the currents of trade war and fear of recession. However, crypto saw a huge sentiment shift this week amid reports that Trump was backing off on his full-scale tariff war against China. It also didn’t hurt that Trump’s media empire, Trump Media and Technology Group, inked a…

Nasdaq urges SEC to treat certain digital assets as ‘stocks by any other name’

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Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter.  The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion of digital assets as “financial securities.” Those tokens, Nasdaq argued, should continue to be regulated “as they are regulated today regardless of tokenized form.” “Whether it takes the form of a paper share, a digital…

LAX Cargo Theft Unveiled: LAPD Catches Suspects Behind $2.7M in Stolen Bitcoin Miners

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A local news outlet reports that two individuals tied to a South American theft ring were apprehended in Los Angeles after allegedly stealing $4 million in goods, including $2.7 million worth of application-specific integrated circuit (ASIC) bitcoin miners. From Tequila to Bitcoin Mining Rigs: LAPD Unravels Multi-Million Dollar Heist The Los Angeles Police Department (LAPD) […] Original

is decoupling here to stay?

In April, many crypto market observers were writing about an ongoing decoupling or divergence of Bitcoin from equities, meaning that the trajectory of Bitcoin’s price took a different direction compared to stocks and equities. Bitcoin and Gold are up, while the American dollar and stocks are down. However, opinions among market experts on whether the Bitcoin and equities markets have truly diverged vary. Some enthusiastically proclaim that Bitcoin has decoupled from risk assets and joined Gold as a safe haven. The reason is not hard to see: lately, Bitcoin and…

The Last Leg-Up That Confirms A Resounding Rally To $150,000

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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. A new Bitcoin price prediction suggests that the flagship cryptocurrency needs just one more leg up to kickstart a powerful bullish move toward $150,000 and beyond. With Bitcoin getting…

Crypto firms launch Wall Street-style funds: Finance Redefined

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Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen, CEO of Bitget, the world’s sixth-largest crypto exchange. In the wider crypto space, Securitize partnered with Mantle protocol to launch an institutional fund that will generate yield on a basket of diverse cryptocurrencies, similar to…