Tag: News

Bitcoin Shows Little Conviction as Signals Skew Negative – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin held near $66,992 on April 5, 2026; weak momentum signals limit upside. Bitcoin trades below 10–200 MAs; bearish structure pressures broader crypto sentiment. Bitcoin range $65.5K–$69.5K holds; breakout or breakdown likely next move. Bitcoin Chart Outlook On the daily chart, bitcoin continues to compress within a broad sideways structure, holding above support near $66,500 while failing to challenge resistance closer to $74,500. The formation of a lower high near the mid-$70,000s reinforces a mild bearish tilt, though not an outright trend reversal. Price remains pinned in the…

Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws – News Bytes Bitcoin News

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Key Takeaways Judge Jason Woodbury issued a preliminary injunction against Kalshi in Carson City on April 3, 2026. The Nevada Gaming Control Board successfully argued that event contracts require a state gaming license. Kalshi must implement mandatory geofencing by May 4, 2026, to block all Nevada-based participants. Nevada Court Rejects Federal Swap Defense Judge Jason Woodbury of the First Judicial District Court in Carson City ruled on Friday that the event contracts offered by Kalshi, a New York-based prediction market, constitute unlicensed gambling. The decision extends a temporary restraining order…

Dmail Network to Cease Operations Following Five Years of Service – News Bytes Bitcoin News

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Key Takeaways Dmail Network will officially terminate its decentralized email services on May 15, 2026. High infrastructure costs for storage and bandwidth impacted the Dmail budget over 5 years. Users must export data to platforms like Gmail before the May 2026 deadline to avoid loss. Infrastructure Costs and Market Shifts Force Closure Dmail Network has announced that the platform will gradually cease all operations due to unsustainable infrastructure costs and a failed economic model. The decision follows a long period of strategic evaluation after the team struggled to maintain the…

VC Chamath Palihapitiya Warns Non-State Actors Will Leverage Quantum Computing to Attack Bitcoin’s ‘Honeypot’ – Crypto News Bitcoin News

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Key Takeaways: On the All-In podcast, Chamath Palihapitiya stated the quantum threat to Bitcoin had accelerated from 25 to 7 years. Palihapitiya states Bitcoin will be the 1st honeypot hackers drain to send prices crashing to 0. To survive, the Bitcoin network faces a 5 to 7-year deadline to migrate and redesign nodes and wallets. Chamath Palihapitiya Warns Bitcoin Would Be Targeted by Non-State Actors Leveraging Quantum Supremacy The issue of quantum computing cracking cryptocurrencies became a mainstream subject, with experts and investors offering their opinions on the problem. On…

Cambodian Parliament Approves New Law Imposing Life Sentences for Crypto Scammers – News Bytes Bitcoin News

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The Cambodian Senate passed the Law on Anti-Technology Fraud on April 3, 2026, with 58 votes in favor. Offenders whose operations lead to fatalities face life sentences or 15–30 years in prison. Cambodia targets an April 2026 deadline to dismantle all illegal scam compounds within its borders. New Legal Framework Targets Cybercrime Hubs The Cambodian Senate unanimously approved the Law on Anti-Technology Fraud on April 3, 2026, marking the nation’s first dedicated legal framework to dismantle illicit scam centers. The legislation follows a unanimous 112-member vote in the National Assembly…

Federal Reserve Set to Hold Rates as Markets Fully Price out 2026 Cuts – Bitcoin News

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Key Takeaways: Fed funds futures on CME show a 99.5% probability the Fed holds rates at 3.50%-3.75% at the April 29 FOMC meeting. WTI crude topping $110 per barrel after Trump’s April speech pushed Polymarket’s 0-cuts odds to 36% for all of 2026. The next major test arrives June 17, when markets price a 96.7% chance the Fed keeps borrowing costs unchanged again. Fed Faces Market Consensus: No Cuts, No Rush to Ease As of this weekend, Fed funds futures tracked by the CME Fedwatch Tool now show a 99.5%…

Defying US Criticism, Brazil Mulls Pix’s Globalization – Fintech Bitcoin News

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Key Takeaways: Brazil’s Central Bank plans to launch International Pix to connect its 175M users globally. Pix’s 200B reduced fee transactions threaten giants like Visa and Mastercard, per the USTR. Colombian President Gustavo Petro wants Colombia to adopt Pix next. Central Bank of Brazil Plans Internationalization of Pix Payment System The Central Bank of Brazil has revealed its next steps to keep improving and growing Pix, the ubiquitous instant payment system used by almost all adults in the country. According to local media, the Central Bank plans to launch International…

Japan Advances Crypto Regulation Overhaul, Aligning Digital Assets With Traditional Financial Market Frameworks – Regulation Bitcoin News

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Key Takeaways: Japan’s Financial Services Agency reframes crypto as core finance, accelerating mainstream acceptance. Bitcoin and digital assets gain clearer rules, unlocking institutional demand and market maturity. Japan’s parliament advancing reforms signals global trend toward legitimizing crypto as a regulated asset class. Japan Crypto Regulation Shift Toward Financial Instruments Framework Japan is advancing changes to crypto asset regulation as institutional oversight expands across financial markets and policy priorities shift toward investor protection and market integrity. The country’s top financial regulator, the Financial Services Agency (FSA), published findings in February 2026…

Japan Anchors 30+ Crypto Tokens in Regulated Framework – Regulation Bitcoin News

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Key Takeaways: JVCEA Green List spans 30+ tokens, with FSA backing enabling faster exchange listings. FSA and JVCEA alignment accelerates approvals, unlocking rapid growth for compliant crypto platforms. Japan’s Diet reforms push crypto into mainstream finance, positioning FSA-led markets for major expansion. Japan Crypto Regulation Advances With JVCEA Green List Framework Japan’s cryptocurrency market continues evolving as regulators and industry groups advance oversight frameworks alongside market expansion. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) maintains its Green List on its website. The list covers more than 30 tokens.…

Ripple’s Schwartz Says He’d Pick XRP or BTC Over USD for Locked Funds – Featured Bitcoin News

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Key Takeaways: Ripple’s David Schwartz favors XRP and BTC over USD for escrow, citing stronger upside. He warns issuers can freeze funds, exposing users to centralized control risk. He says stablecoins tied to fiat limit global utility across borders and multi-currency systems. Ripple CTO Emeritus Breaks Down 3 Key Crypto Advantages David Schwartz, CTO emeritus of Ripple, shared on social media platform X on April 2 his views on stablecoins and cryptocurrencies. He outlined three specific advantages cryptocurrencies hold over stablecoins. His remarks focused on cross-border limitations, issuer control risks,…