Chiliz meets with SEC Crypto Task Force amid US market reentry plans

Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to discuss an investment and reentry into the US crypto market under the crypto-friendly White House and increased push for regulatory clarity surrounding digital assets. According to the meeting request made public by the SEC, Chiliz plans a reentry into … Read more

European Central Bank Claims Trump’s Crypto Push to Impact Europe Economy

The European Central Bank (ECB) has recently taken the stage to warn against Trump’s crypto push, claiming it could stifle the European economy. Primarily, the ECB has questioned whether the current MiCA regulations are ample enough to cushion the blow caused by financial spillover effects due to Trump’s support for cryptocurrencies. However, the European Commission … Read more

XRP Ledger Foundation spots ‘crypto stealing backdoor’ in code library

The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said. On April 22, blockchain security specialist Aikido said in a blog post that XRP Ledger’s open-source JavaScript library was “compromised by sophisticated attackers who put in a backdoor to … Read more

Crypto-Linked Tickers Jump on US-China Optimism, Mining Stocks Post Double-Digit Gains

As digital tokens glittered on Tuesday, equities tethered to the sector followed suit, with Coinbase ending the session up 8.57% and Strategy’s common stock advancing 7.95%. Bitcoin Sits Idle While Its Proxies Sprint: Publicly Traded Miners Chalk up Double‑digit Gains Listed firms linked to the crypto economy rallied sharply on April 22, eclipsing bitcoin’s own … Read more

Senior Bloomberg Analyst Says Bitcoin Needs the Small Wins to Be True Alternative Asset

A senior analyst at Bloomberg says Bitcoin must secure small wins to be considered a true alternative asset amid outperformance. For context, Bitcoin price has gained significant momentum this week, climbing from $84,000 on Monday to nearly $90,000. As of the latest update, Bitcoin stands at $90,790, up 2.85% over the last 24 hours.  This … Read more

BlackRock’s Bitcoin ETF IBIT Hit $4.2 Billion In Trading Volume As Bitcoin Price Surpasses $91,000

BlackRock’s spot Bitcoin ETF, IBIT, recorded a massive $4.2 billion in trading volume today as the price of Bitcoin soared above $91,000 for the first time since early March. According to data from Barchart, IBIT traded a staggering 81,098,938 shares, ending the trading session at a price of $52.08. The surge in ETF activity comes … Read more

Bitcoin analysts target $95K as Trump’s trade war cools — Do BTC futures agree?

Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors’ concerns over a potential economic recession amid ongoing global trade tensions. The tides are shifting, but does data support a Bitcoin price rally above $95,000? Bitcoin … Read more

key Short-term Targets for ETH to Consider Ahead

The post Ethereum Price Analysis Today: key Short-term Targets for ETH to Consider Ahead appeared first on Coinpedia Fintech News On-chain data shows whales have been accumulating Ether relentlessly in the last few days. ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction. Ethereum has continued to … Read more

Peirce signals SEC ‘reorientation’ under new chair Paul Atkins

US Securities and Exchange Commission member Hester Peirce, currently leading the agency’s crypto task force, offered a preview of what the industry could expect now that Paul Atkins has been sworn in as the regulatory body’s chairman. Speaking to Cointelegraph before the US Senate confirmed Atkins’ nomination and he took his position as SEC chair, … Read more

Report: Crypto Casino Industry Soars to $81.4 Billion in Revenue, Outpacing Traditional Gambling

A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some … Read more