Month: April 2026

Bitcoin holds steady as war tests its ‘safe haven’ narrative

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Bitcoin has outperformed stocks and even gold during the Iran conflict, giving fresh fuel to Anthony Pompliano’s claim that it is behaving more like a crisis hedge than a high‑beta tech bet. Anthony Pompliano argues that Bitcoin is emerging as a rare stabilizer in a war‑shocked market, claiming the asset has been the “shining light” during the Iran conflict while stocks, bonds, and even gold sell off. In a circulating clip from CNBC’s Squawk Box, the ProCap Financial CEO notes that “in a true risk‑off environment, Bitcoin isn’t following, instead…

1 Reserves and 2-Day Redemptions Required – Bitcoin News

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Key Takeaways: The FDIC approved a proposed rule on April 7, 2026, implementing GENIUS Act standards for stablecoin issuers. Permitted payment stablecoin issuers must hold 1:1 reserves in eligible assets and redeem within 2 business days. The 60-day public comment period closes before the GENIUS Act’s July 18, 2026 regulatory deadline. FDIC Moves on GENIUS Act Stablecoins The proposed rule targets permitted payment stablecoin issuers, or PPSIs, which are typically subsidiaries of FDIC-supervised insured depository institutions such as state nonmember banks and state savings associations. The GENIUS Act, codified at…

Forget XRP Price Weakness, Investors Are Still Pouring In, And Wallet Figures Just Hit An Impressive Target

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Crypto pundit Crypto Eri has revealed a new milestone in terms of the number of XRP Ledger (XRPL) wallets despite the XRP price weakness. This comes as the altcoin risks dropping below the psychological $1.30 level amid uncertainty over a ceasefire in the U.S.-Iran war.  XRP Ledger Wallets Rise Despite XRP Price Weakness In an X post, Crypto Eri noted that despite a softening of the XRP price that began in 2025, wallets continue to climb, with the XRP Ledger wallets currently at 8.1 million, according to CryptoQuant data. This…

Blockstream CEO Adam Back on Bitcoin’s downturn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Adam Back, Blockstream CEO and co-founder, joins ‘Closing Bell Overtime’ to talk the downturn in Bitcoin, the state of the crypto space, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the go with CNBC+: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.…

Crypto Hedge Fund Split Capital Winds Down After 100% Returns; Ebtikar Moves to Plasma – Bitcoin News

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Key Takeaways: Zaheer Ebtikar shut down Split Capital after delivering over 100% net returns since its January 2024 launch. Ebtikar cited $100 billion in venture funding and spot ETFs from BlackRock and Fidelity as reasons the hedge fund model is broken. As Plasma’s new CSO, Ebtikar will lead go-to-market strategy for the Plasma One stablecoin neobank app launching in 2026. Crypto Hedge Fund Era Ending? Split Capital Closes as Founder Pivots to Plasma Stablecoin L1 Ebtikar made the announcement on X, where he described the decision as a strategic pivot…

XRP 1-Year MVRV Falls To -41%, Lowest Since FTX Crash

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Bitcoin Holds $67K as Wintermute Flags Sentiment Divergence

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Bitcoin (BTC) continues to show strong support at $67,000, even as a growing split between BTC’s price stability and bearish sentiment among investors leaves the cryptocurrency in a state of equilibrium. BTC’s resilience in avoiding dips below $60,000 has been driven by strong institutional investor demand and long-term buying, despite volatility stemming from the US-Israel-Iran war. Wintermure flags a shift in BTC positioning Market maker Wintermute noted that Bitcoin’s price and sentiment were diverging. The Fear and Greed Index sat at 11 on Tuesday, staying in “extreme fear” for over…

Meme Prediction Market App Giggles Raises $1.2M as Crypto Social Apps Compete for Gen Z – Bitcoin News

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Key Takeaways: Justin Jin, 19, raised exactly $1,234,567 from crypto VC 1kx for meme prediction market app Giggles on April 7, 2026. Giggles has 450,000 waitlist sign-ups, letting users bet “aura points” on whether short videos will go viral. The app plans to convert aura points to real cryptocurrency, putting Giggles in direct competition with platforms like Kalshi. Crypto VC 1kx Backs 19-Year-Old Founder’s Meme Prediction Market Giggles According to a Techcrunch exclusive published Tuesday, Justin Jin secured the deliberately meme-formatted figure from lead investor 1kx, a blockchain-focused venture capital…

Trump plays roulette with Iran as oil and Bitcoin hold their breath

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Trump’s ‘whole civilization will die’ threat to Iran sends oil, Bitcoin and stocks on knife edge. Summary Trump warns that a “whole civilization will die tonight” if Iran misses his Strait of Hormuz deadline, jolting oil, equities and crypto. Brent crude hovers above $110 as traders price a binary outcome: deal, delay or strikes. Bitcoin and Ethereum slip below recent highs as risk assets wobble ahead of Trump’s 8 p.m. Washington deadline. President Donald Trump’s threat that “a whole civilization will die tonight” if Iran defies his ultimatum on the…