James Murphy, a prominent crypto attorney widely recognized as MetaLawMan, has filed a Freedom of Information Act (FOIA) lawsuit against the US Department of Homeland Security (DHS). The April 7 legal action aims to uncover what the government may know about the identity of Bitcoin’s elusive creator, Satoshi Nakamoto. DHS claimed to have interviewed Bitcoin …
Continue reading “Crypto attorney sues US authorities to reveal Satoshi Nakamoto’s identity”
Janover Inc., a real estate data platform, is undergoing a significant transformation after a group of former Kraken executives acquired a controlling stake. According to an April 7 statement, the company is rebranding to DeFi Development Corporation and redirecting its focus to decentralized finance, beginning with Solana. Janover explained that it has adopted a new …
Stablecoin company Cap has raised $11 million in seed funding led by Franklin Templeton, Susquehanna International Group, and Triton Capital to advance its yield-generating stablecoin protocol. Franklin Templeton Backs Cap’s $11M Seed Round Stablecoin company Cap has raised $11 million in a seed funding round led by Triton Capital, Franklin Templeton, and Susquehanna International Group. …
Metaplanet, the Japanese hotel developer turned bitcoin treasury firm, announced on Monday that it had fully redeemed or paid off ¥2 billion ($13.5 million) worth of zero coupon bond debt more than five months early (the bonds had a maturity date of Sept. 17, 2025). Funds raised by the bond issuance were used to purchase …
Continue reading “Metaplanet Redeems Zero Coupon Bonds Early”
Crypto markets are reeling as aggressive U.S. tariffs ignite global economic turmoil, triggering a $1 trillion wipeout and fueling extreme volatility, Binance Research finds. Binance Warns of Prolonged Crypto Volatility Amid US Tariff Shock Crypto exchange Binance published research on April 7 analyzing the fallout from escalating U.S. tariffs and their disruptive impact on global …
Continue reading “Crypto Markets Suffer $1T Hit as US Tariff War Escalates”
As Wall Street is flashing red, JPMorgan CEO Jamie Dimon warns soaring inflation, spiraling tariffs, and shaken confidence signal a recession that could upend global markets. JPMorgan’s CEO Flags Recession Threat With Inflation Roaring and a Market Meltdown Near Jamie Dimon, the top executive at JPMorgan Chase, raised alarm Monday in his annual letter to …
Crypto regulation is getting a reality check as the SEC sets the stage for a groundbreaking roundtable to shape the future of digital trading oversight. SEC Gears up to Hammer out Crypto Trading Rules in Upcoming Roundtable Event The U.S. Securities and Exchange Commission (SEC) announced on April 7 that its Crypto Task Force will …
Continue reading “SEC Moves to Reshape Crypto Trading With April Roundtable”
XRP is trading at $1.90 with a market capitalization of $110 billion and a robust global trading volume of $13.96 billion over the past 24 hours. Its intraday price has ranged from $1.65 to $2.05, showcasing significant volatility and liquidity in today’s session. XRP On the 1-hour chart, XRP has shown signs of breaking from …
Continue reading “XRP Price Update: V-Shaped Recovery Sparks Market Buzz”
Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.91 billion non-cash loss tied to its bitcoin ( …
Continue reading “Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025”
Prominent crypto analytics firm Swissblock says one key metric is suggesting that Bitcoin (BTC) is in the midst of carving a major market bottom. Swissblock says on the social media platform X that it’s keeping a close watch on the Bitcoin Fundamental Index (BFI), a metric that combines liquidity and network growth. According to Swissblock, …
Closely followed crypto analyst Jason Pizzino is warning that XRP and other top altcoins most likely have further to fall. In a new post to the social media platform X, Pizzino tells his 131,000 followers that, despite being down 20% in the last month, XRP’s skid is not finished. Says Pizzino, “XRP breaking 50% fib …
A commissioner at the U.S. Securities and Exchange Commission (SEC) says the agency isn’t being realistic about the full extent of the risks stablecoins could pose to retail holders. In a new statement, Commissioner Caroline Crenshaw says that the SEC’s recent announcement about dollar-pegged crypto assets is one that “drastically understates” the risks of the …
A crypto whale with a $340 million position in Ethereum is making quick moves to prevent a liquidation as ETH plummets in value. According to on-chain data tracker Lookonchain, a deep-pocketed whale with a 220,000 ETH long position on the decentralized finance (DeFi) platform Maker (MKR) suddenly deposited more than 3 million DAI to help …
While gold futures are down, the precious metal remains preferred over Bitcoin by fund managers as a safe-haven asset choice during times of uncertainty. Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US …
ETH price dropped to $1,400 but data shows pro traders aren’t ready to jump ship yet. Ether (ETH) price dropped to $1,410 on April 7, marking its lowest level since March 2023. This sharp decline triggered liquidations of leveraged ETH futures worth over $370 million in 2 days, according to CoinGlass data. However, the altcoin …
Continue reading “Ethereum price falls to 2-year low, but pro traders still have hope”
