Category: Bitcoin News

Stablecoin Yield Fight Nears Resolution as Tillis, Alsobrooks Finalize Draft Language – Regulation Bitcoin News

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Key Takeaways: Sen. Thom Tillis plans to release revised CLARITY Act draft language this week, targeting a Senate Banking Committee markup in late April 2026. The proposed Tillis-Alsobrooks framework bans passive stablecoin yield but permits activity-based rewards, splitting a dispute between banks and Coinbase. Prediction markets give the CLARITY Act a 59% chance of passage in 2026, down from 82% earlier this year, as unresolved DeFi and ethics provisions remain. Tillis Targets Late April Markup for CLARITY Act After Stablecoin Yield Deal in Principle According to a report from Politico…

Colombia’s Petro Forced to Seek Congressional Approval for Gambling VAT After Courts Block Emergency Decrees – iGaming Bitcoin News

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Key Takeaways: Colombia’s Constitutional Court blocked Petro’s $3.1 billion emergency tax decree on April 9. Fecoljuegos reported a 30% online GGR drop after the 19% VAT was introduced in February 2025. Decree 0240 named crypto deposits as taxable for the first time under Colombian law. 13 Months of Executive Decrees End With a Constitutional Wall The court ruled that Decree 1390, signed by Petro’s full cabinet last December, exceeded the president’s constitutional powers. Magistrate Carlos Camargo Assís, who authored the lead opinion, called the move an “affront to the operation…

Y Combinator Makes First All-Stablecoin Startup Investment – Crypto News Bitcoin News

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Key Takeaways: Y Combinator invested $500,000 USDC in Totalis via Solana, marking its first all- stablecoin deal. 3 onchain transfers of $1, $124,999, and $375,000 settled in seconds, showing faster startup funding vs banks. YC’s USDC move signals growing onchain capital trends, with more deals likely ahead. YC Funds Startup Entirely in USDC in Industry First Y Combinator has completed its first investment fully settled in stablecoins, backing prediction-markets startup Totalis with $500,000 in USDC, underscoring the growing role of blockchain-based funding. The Silicon Valley accelerator said the investment was…

Crypto Market Cap Hits $2.6 Trillion as Bitcoin Eyes $75K Amid Hormuz Standoff – Markets and Prices Bitcoin News

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Key Takeaways: The crypto market cap hit $2.6 trillion on April 14 as bitcoin reached a session high of $74,959. A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers. Rising tensions after a U.S. blockade of the Strait of Hormuz may force a reaction from China next. Bitcoin Leads the Charge The crypto economy’s market capitalization topped $2.6 trillion early Tuesday, April 14, as both bitcoin and altcoins shrugged off geopolitical tensions to post significant gains. According to daily chart data, the market…

Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm

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Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. Summary Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC. The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business. The Liberal Democrats sent a…

Relm Insurance Launches Crypto and Cannabis Kidnap Coverage – Crypto News Bitcoin News

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Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a 10% mitigation allowance for proactive training and 24/7 access to security directors. Relm Responds to Targeted Threats in Frontier Industries Bermuda-based Relm Insurance has launched a specialized kidnap and ransom (K&R) insurance product tailored for the Web3 and cannabis sectors. The move marks a shift in the specialty insurance market, addressing a new…

Bitcoin price eyes ascending triangle breakout, will it reclaim $80,000?

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Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. Summary Bitcoin price climbed toward $75K on U.S.-Iran ceasefire hopes and easing inflation fears as oil prices dropped. A $225 million short squeeze across derivatives markets accelerated BTC’s rally and strengthened bullish momentum. BTC is approaching a breakout above $76K from an ascending triangle, with $80K as the next key resistance level. According…

Shrinkflation Hits Brazilians as Middle East Conflict Pushes Prices Higher – Economics Bitcoin News

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Key Takeaways: With Brazil’s March inflation at 4.14%, firms adopted shrinkflation, ensuring prolonged consumer pain next. Bloomberg notes that March food prices surged 1.56% due to Middle East war costs, ensuring tighter budgets next. Despite a 7% Jan. wage hike, angry voters blame Lula da Silva, making his upcoming reelection bid uncertain. Shrinkflation Hits Brazilian Households Even as Lula Jumps to Lighten the Burden Shrinkflation, a term made famous by former U.S. President Joe Biden during his last reelection bid, has entered the Brazilian economy. According to reports, companies have…

Circle, Dunamu Partner on Crypto Education in South Korea – Crypto News Bitcoin News

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Key Takeaways: Circle and Dunamu signed a 2026 deal to boost USDC education, strengthening Korea’s crypto trust. Upbit operator Dunamu’s partnership with Circle signals tighter compliance in South Korea’s market. Jeremy Allaire targets Korea growth, with stablecoin plans likely as regulations evolve. USDC Issuer Circle Expands Korea Ties With Dunamu Circle, the issuer of the USDC stablecoin, has entered into a partnership with South Korea’s Dunamu, operator of the country’s largest cryptocurrency exchange Upbit, as both firms seek to deepen engagement in one of Asia’s most active digital asset markets.…

Bitcoin, Ether ETFs See Nearly $1 Billion in Weekly Inflows – Markets and Prices Bitcoin News

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Key Takeaways Bitcoin ETFs gained $786 million and ether $187 million from April 6–10, led by Blackrock IBIT demand. IBIT and ETHA drove flows, while Grayscale GBTC outflows show uneven investor confidence. XRP added $11.75 million but solana lost $5.6 million, signaling selective inflows may continue for altcoin ETFs. Crypto ETFs Rebound With Strong Weekly Inflows The week began with force and it ended with conviction. After a choppy stretch, crypto ETFs delivered a decisive rebound between April 6 and April 10, with capital returning in size to both bitcoin…