Author: boss

UK Betting Industry Warns Affordability Checks Will Push Punters to Black Market – iGaming Bitcoin News

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Key Takeaways: Yougov poll for BGC finds 65 percent of UK bettors would refuse to submit financial documents British Horseracing Authority letter to Lisa Nandy signed by 408 industry figures UK Remote Gaming Duty rose from 21 percent to 40 percent on April 1, 2026 408 Racing Figures Urge Culture Secretary to Pause Rollout The findings, published on April 8, land as the UK Gambling Commission prepares to sign off on its financial risk assessment framework next month, with full operator compliance expected by the third quarter of the year.…

JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Stablecoin Volumes Could Hit $1.5 Quadrillion in a Decade: Chainalysis

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Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit a lofty $1.5 quadrillion within the next decade, beating the total volume of global cross-border payments today.  In a report on Wednesday, the Chainalysis team said that adjusted stablecoin volume could hit $719 trillion by 2035 just through organic growth, up from $28 trillion in 2025. However, this figure could double by 2035 if two major catalysts come into play, said Chainalysis — the baby boomer generation passing $100 trillion in wealth to a crypto-loving generation and stablecoins knocking over…

Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News

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Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s outstanding BTC-collateralized debt to $30.6 million and reduced its hashrate to 37.01 EH/s by March 31. Cango secured a $65 million insider equity investment and a $10 million convertible note from DL Holdings to fund its AI compute pivot. Bitcoin Miner Cango Cuts Crypto-Backed Loans With Pair of Large BTC Sales Cango Inc. (NYSE: CANG) executed the first sale on approximately Feb. 7-8, offloading 4,451 BTC…

Iran’s Crypto Mining Sector Hit Hard, Hashrate Drops Nearly 80%

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Binance Adds Institutional Focus With Capital Connect Upgrade and Portfolio Accounts – Exchanges Bitcoin News

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Key Takeaways: Binance introduces Capital Connect upgrade with 0-commission rollout and strict onboarding requirements. Marketplace integrates Binance Portfolio Accounts, aligning custody, execution, and compliance in one system. Platform adds standardized data metrics, signaling broader institutional shift toward structured crypto investing. Binance Expands Capital Connect Institutional Crypto Marketplace Binance, a global cryptocurrency exchange, announced an upgraded version of Capital Connect on April 8, enhancing its institutional crypto marketplace. The platform connects professional trading teams with institutional investors through the Binance Portfolio Accounts infrastructure. It focuses on structured strategy discovery, allocation, and…

North Korean IT Worker Gets Hacked, Secrets Revealed

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A group of North Korean IT workers made more than $3.5 million in just a few months by faking their identities to work as developers while also attempting to hack crypto projects, according to documents obtained by a hacker who compromised one of their devices. The leaked data obtained by the unnamed hacker was shared by blockchain sleuth ZachXBT in a post to X on Wednesday. It revealed that one of the IT workers, “Jerry,” and a team of 140 members were making roughly $1 million a month, amounting to…

Bitcoin Price Trims Gains, But Uptrend Still Holds Strong

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Bitcoin price started a strong increase above the $70,500 zone. BTC is consolidating gains and might aim for more gains above the $71,650 zone. Bitcoin gained pace for a move above the $70,500 and $71,500 levels. The price is trading above $70,200 and the 100 hourly simple moving average. There is a new bullish flag pattern forming with resistance at $71,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $70,250 and $69,500 levels. Bitcoin Price Holds…

Evernorth Amended SEC Filing Deepens XRP Role in Crypto Market Structure – Featured Bitcoin News

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Key Takeaways: Evernorth advances SEC filing with XRP-based equity tied to 126,791,458 tokens from Ripple. Ripple-backed structure links token pricing to CME CF rates, tightening valuation and share issuance mechanics. Funding framework outlines $214.05 million plus staged capital, signaling a structured path toward public listing. Evernorth SPAC Merger Structure and XRP Contribution Details Evernorth Holdings Inc., a Nevada-based digital asset-focused company, filed an amended Form S-4 with the U.S. Securities and Exchange Commission (SEC) on April 7, detailing XRP-linked financing tied to its SPAC merger with Armada Acquisition Corp. II…

Charles Schwab Identifies 2 Crypto Allocation Approaches Driving Bitcoin Weights as High as 22.4% – Markets and Prices Bitcoin News

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Key Takeaways: Charles Schwab shows bitcoin allocations up to 22.4% depending on return assumptions. Bitcoin allocations reach 16.9% for moderate portfolios when expected returns climb to 25%. Risk-based models show 1.2% bitcoin exposure can account for 10% of total portfolio risk. Crypto Allocation Models Shift With Return Assumptions Cryptocurrency allocations are increasingly being formalized within portfolio construction as investors move from curiosity to structured exposure. Charles Schwab, a major financial services firm, examined this shift in a report released April 6. The analysis outlines two primary approaches for incorporating bitcoin…