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What is a bear raid, and how do whales use them in crypto trading?
11.4.2025
Key takeawaysBear raids involve deliberate efforts by whales to drive down crypto prices using short-selling, FUD and large-scale sell-offs to trigger panic and profit from the dip.These raids create volatility, trigger liquidations and damage retail confidence. However, they can also expose weak...
Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
11.4.2025
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot...
Illinois Senate passes crypto bill to fight fraud and rug pulls
11.4.2025
The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures.On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets...
Bitcoin Maturing as Macro Asset Amid Market Turmoil, Expert Says
11.4.2025
James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC)...
CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss
11.4.2025
NFTs, once the darling usecase of crypto, are all but out of favor among investors, with some holders ready to realize huge losses
Pakistan Explores Allocating its Surplus Electricity to Bitcoin Mining
11.4.2025
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto...
Gold Rally Makes Tether’s XAUT Top-Performing Digital Asset as Crypto Markets Remain Flat
11.4.2025
Equities markets are giving mixed results on trade war deescalations
Bitcoiners’ ‘bullish impulse’ on recession may be premature: 10x Research
11.4.2025
It may be too early for Bitcoiners to start getting bullish over the longer-term impacts of a potential recession on Bitcoin’s price, says 10x Research head of research Markus Thielen.Thielen said in an April 11 markets report that credit spreads continue to widen, indicating that...
Democrats slam DOJ’s ‘grave mistake’ in disbanding crypto crime unit
11.4.2025
Crypto-critical US Senator Elizabeth Warren has led six Senate Democrats in urging the Department of Justice to reverse its decision to terminate its crypto investigations and prosecutions division.In an April 10 letter to Deputy Attorney General Todd Blanche, the Senators said the decision...
Standard Chartered, OKX Launch Collateral ‘Mirroring’ Program for Institutional Crypto Trading
11.4.2025
Institutional traders can now leverage cryptocurrencies and tokenized money market funds as off-exchange collateral, thanks to a new program launched by Standard Chartered and OKX. Boosting Institutional Investor Confidence Standard Chartered and OKX have unveiled a “pioneering”...
US crypto miners may rush to buy rigs in tariff pause despite ‘clear disadvantage’
11.4.2025
US Bitcoin mining firms will try to capitalize on the Trump administration’s recent tariff pause by stocking up on mining rigs, but the baseline 10% tariffs will still leave the industry at a disadvantage, industry executives say.President Donald Trump paused his administration's hefty...
Crypto gaming has mixed Q1 as deals jump, investment totals dip: DappRadar
11.4.2025
Blockchain gaming for the first quarter of 2025 has been a “mixed bag,” seeing a greater number of deals while the amount invested significantly dipped, says blockchain analytics platform DappRadar.Web3 gaming projects raised $91 million in Q1 2025, marking a 71% decrease from...
FDIC Clears Crypto Runway With New Blockchain Policy Shift
11.4.2025
The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his address at the American Bankers Association’s...
NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’
11.4.2025
New York Attorney General Letitia James has sent a letter to US congressional leaders urging “common sense” federal crypto regulations and to keep digital assets out of US pensions.“I am urging Congress to pass legislation that would strengthen federal regulations on...
Massive Win for Crypto: Trump Crushes IRS Rule Threatening DeFi Survival
11.4.2025
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump...
Block Fined $40M Over Cash App’s Crypto Compliance Failures and 169K Ignored Alerts
11.4.2025
New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial...
US Lawmakers Push for Crypto Clarity With Urgent Call to Overhaul Securities Laws
11.4.2025
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as...
SEC staff gives guidance on how securities laws could apply to crypto
11.4.2025
US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business.The SEC’s Division of Corporation Finance said in...
Senate Dems Slam DOJ’s Decision to Axe Crypto Unit as a ‘Free Pass’ For Criminals
11.4.2025
In a letter to Deputy Attorney General Todd Blanche on Thursday, the six lawmakers urged him to reconsider his recent decision to disband the DOJ’s crypto enforcement squad
President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
11.4.2025
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress