Ethereum overcomes setbacks, confirms Pectra upgrade for May 7

Ethereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7. Nixo Rokish, a member of the Ethereum Foundation’s protocol support team, shared the news in an April 3 post on social media, saying: “Pectra mainnet date confirmed May 7. Let’s gooooo.” Ethereum core contributor Terence further clarified that …

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile …

Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes

President Donald Trump has formally invited El Salvador’s President Nayib Bukele for an official meeting at the White House on April 14. Bukele confirmed the development in an April 3 post on X, formerly Twitter, where he revealed that the invitation came directly from the US President on April 1. According to details of the …

S&P 500 opened down 3.6% threatening top 10 all-time drop as Bitcoin attempts $82k hold

The S&P 500 opened 3.65% lower on April 3, with pre-market pricing at $543.89, following President Donald Trump’s announcement of sweeping tariff policies. SPY pre-market April 3 (Source: Google Finance) [Update: In the moments after the market opened, it recovered 1% in early morning trading.] The move, which introduces blanket 10% tariffs on all imports …

Bitcoin’s estimated leverage ratio falls below short-term average as traders pull back after March spike

What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …

FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown

Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March 3, 2025. The April 2 court filing includes 2,378 pages of invalidated claims, representing around 500,000 entries. The court order clearly disallows any claim listed that is not backed by KYC …

TRUMP Coin Falters 15.6% After Tariff News, 40M Token Unlock Nears

Amid a sweeping downturn across the crypto sector, the official TRUMP meme coin relinquished over 15% of its value against the U.S. dollar on Thursday. This decline precedes the token’s first significant unlock, scheduled for April 18. TRUMP Token Stumbles, Now 87% Off-Peak On April 3, U.S. President Donald Trump’s meme coin, known as official …

Bitcoin Tumbles After Trump Tariff Bombshell

The leading digital asset fell sharply after Trump’s Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump’s Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday’s high of more than $88K. …

Crypto Economy and Wall Street Plunges After ‘Liberation Day’—Was It by Design?

U.S. equities tumbled sharply Thursday, hours after President Donald Trump introduced expansive trade levies in his “Liberation Day” address. Analysts speculate that the administration aims to orchestrate economic deceleration to curb inflation and ease debt burdens, with Wall Street’s tumult ranking low among its priorities. Trump’s Tariff Policy Shockwaves Rattle Markets, But Is That What’s …

Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth 

Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions Cango’s (NYSE: CANG) cash deal includes an initial payment of $210.64 million upon …

Tariff Fallout Turns Crypto Red: $2.61 Trillion Market Cap Under Siege

The digital asset realm contorted under intensifying pressures Thursday, its aggregate valuation plummeting by nearly 4% to $2.61 trillion as bearish currents engulfed speculative markets. Mass Liquidations Rock Crypto: Nearly 200K Traders Caught in the Crossfire Even before U.S. markets stirred, Dow Jones Industrial Average futures telegraphed unease, projecting a 3% downturn in pre-bell trading. …

Ethereum Price Stalls as Lightchain AI Presale Approaches Completion

This content is provided by a sponsor. PRESS RELEASE. The world of cryptocurrency never stands still, but sometimes, even the biggest coins experience a pause. Ethereum ( ETH), often hailed as the foundation of decentralized finance (DeFi) and blockchain applications, is currently in a phase of stalling price movements. Meanwhile, all eyes are turning toward …

Bitcoin Price Watch: $83K in Play as Market Stalls Below Resistance

On April 3, 2025, bitcoin consolidated near $83,155 as market participants navigated a high-volume, high-volatility session with pronounced intraday swings. The asset exhibited mixed signals across multiple timeframes, hinting at indecision but with critical levels coming into focus for both bulls and bears. Bitcoin Across the daily chart, bitcoin’s trajectory reflected a recent peak near …

JPMorgan Chase, Capital One and Other US Banks Engaging in ‘Cancel Culture,’ Creating Need for Crypto: Eric Trump

Eric Trump, executive vice president of the Trump Organization, says that de-banking concerns make a strong case for cryptocurrency adoption. In a new interview with Fox Business, the son of US President Donald Trump alleges that he is a victim of the “cancel culture” engaged in by US banks, including Capital One and JPMorgan Chase. …

Kadena Solves Ethereum Scalability with Chainweb EVM

April 3rd, 2025 – New York, New York Kadena, the industry leader in scalable blockchain technology, has announced Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network. Moving Beyond Layer 2s Through Native Parallel Execution on Proof of Work (PoW) Chainweb EVM positions Kadena as a decentralized alternative to Ethereum Layer …

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