The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses. Tether, the company that issues the USDt dollar-pegged stablecoin, said Thursday that it froze more than $344 million in USDt at the request of US law enforcement officials. The company froze two wallet addresses at the request of US authorites for “activity tied to unlawful conduct,” according to Tether’s announcement. Tether did not provide a specific reason for the asset freezes, but said that it…
Category: News
Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B
A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising? Bitcoin (BTC) has rallied 30% since its 2026 low of $60,000, and stablecoin balances on exchanges suggest the market has entered a disbelief phase, with roughly $7.5 billion in USDC on Binance highlighting readily deployable capital that traders could start positioning soon. Data show that derivatives market positioning has not kept pace with the bullish price trend. Crypto analyst Darkfost tracked the 30-day cumulative funding…
MoonPay Expands Stablecoin Virtual Accounts to New York
MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins and settle them directly to non-custodial wallets through a single API. The product is underpinned by technology provider Iron and allows platforms to issue named, dedicated accounts that receive fiat and automatically convert it into stablecoins, enabling payment, trading and treasury flows without relying on prefunded balances or multiple intermediaries. The rollout in New York follows MoonPay’s acquisition of Iron in 2025 and builds on…
Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying
Ethereum has been grinding below $2,400 for weeks, testing the patience of holders who have watched the recovery build slowly, but without the decisive breakout, the price structure seemed to be setting up. That breakout may have just arrived. Ethereum pushed through to $2,423 in the latest session, driven by a daily trading volume of 337,000 ETH — well above its 20-day average of 298,000 ETH — with the RSI sitting at 60.18, a level that reflects genuine upward traction without the overheated conditions that typically precede sharp reversals. Related…
Bitcoin to $100k? Fed shake-up and Clarity Act put bulls on edge
Bitcoin’s path to $100k hinges on Kevin Warsh’s Fed bid and the CLARITY Act’s shrinking window, as Washington rewires crypto market structure. Summary Bitcoin eyes $100,000 as it trades near $78,000, with structural macro tailwinds more important than short‑term rate moves. Kevin Warsh could become the most crypto‑literate Fed chair ever, but his confirmation odds have slid, adding policy risk to Bitcoin’s rally. The CLARITY Act’s passage window is narrowing, threatening to delay comprehensive U.S. crypto market rules and blunt bullish structural momentum. Bitcoin (BTC) at $100,000 is back on the table…
Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘
More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital asset market structure bill. In a Thursday letter to leaders in the US Senate Banking Committee, the Crypto Council for Innovation (CCI) and Blockchain Association said that the body should “proceed towards a markup of the CLARITY Act to provide a comprehensive federal market structure framework for digital assets.” The legislation, expected to be one of the most significant laws to potentially impact the industry crypto,…
Bitcoin Retreats From $79K Peak as Middle East Economic Warfare Intensifies
Key Takeaways: On April 23, bitcoin dipped to $77,201 after failing to sustain its $79,500 peak. Market volatility triggered $218 million in liquidations, hurting overleveraged bitcoin long traders. Analysts fear Iran may target Gulf nations if the U.S. Navy blockade continues to stifle port revenues. Geopolitical Tensions in the Strait of Hormuz On April 23, 2026, bitcoin initially appeared to harness the momentum that propelled it past the $79,000 threshold on Wednesday afternoon. However, that bullish energy evaporated as the day progressed. Daily charts reveal a sustained downward trajectory after…
How High Will The Price Be If Ripple Captures 50% Of SWIFT?
The conversation around XRP’s long-term price potential has always gravitated toward one question: what happens when Ripple’s infrastructure meets global banking at scale? That same line of thinking extends to scenarios where the XRP Ledger begins handling a significant share of SWIFT’s transaction flow. An XRP enthusiast called The Real Remi Relief, who is known for his ultra-bullish predictions for XRP, projected that the cryptocurrency would need to trade somewhere around $1,500 to $2,000 just to provide enough liquidity and keep slippage under control if this happens. 50% Of SWIFT…
EigenDA Pushes Blockchain Throughput to New Heights
Lawrence Jengar Apr 23, 2026 16:55 EigenDA expands Ethereum scalability, boosting data throughput 450x and enabling high-performance rollups like MegaETH and RISE. EigenDA, a data availability protocol built on EigenLayer, is redefining blockchain scalability by expanding Ethereum’s data throughput by a staggering 450x. With 100 MiB/s of write throughput on mainnet, compared to Ethereum’s native 0.219 MiB/s, EigenDA is addressing one of the most significant bottlenecks in blockchain performance. The Problem: Execution vs. Data Availability Public blockchains face two fundamental limitations: execution…
Ethereum Metrics Signal ETH Price Rally Toward $6K Next
Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin may be primed for a bigger rally toward $6,000 or higher. Key takeaways: Ether is currently displaying a technical setup similar to past cycles that ignited a massive rally in ETH price. Supply squeeze potential is growing as increasing accumulation and exchange outflows reduce immediate sell pressure. A rising Coinbase premium reflects the return of US institutional demand. Ether’s fractal targets a $6,000 ETH price Ether is currently bouncing…