Crypto PAC Secures $11 Million Ad Deal
The @Fellowship_PAC, backed by $11M, has spent $3M on ads supporting Republican candidates, with funding from Cantor Fitzgerald and Anchorage Digital; it aims for $100M total backing. #Update #Crypto $USDT
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Bitcoin Surges with $70 Million Reserve Boost
Tether added $70 million in bitcoin, bringing its total holdings to 97,141 BTC worth approximately $7.16 billion, as part of its strategy to allocate up to 15% of profits into bitcoin. #Update #Crypto $BTC
Wall Street Rejects Trustless Security Promises
Crypto exchanges face security challenges despite $190B in daily trading volume, with over $3B stolen in 2025. True security requires strict internal controls and crisis response plans. #Update #Crypto
Allbirds Surges 300% After AI Pivot
Allbirds (BIRD) shares surged 300% after announcing a pivot to AI computation services, selling its footwear brand for $50M to build AI infrastructure, highlighting growing demand for computing power. #Update #Crypto $BIRD
Crypto Treasuries Form Around Strategy’s High-Yield Stock
A new class of crypto treasury companies is forming around @Strategy’s high-yield stock, STRC, which saw over $1.6 billion in trading volume as firms seek bitcoin exposure and yield. STRC now trades below par value post-ex-dividend. #Update #Crypto $STRC
Ethereum Firm Bitmine Reports $3.8B Loss
@Bitmine reported a $3.8 billion net loss for Q1, with outstanding shares doubling and 4.87 million $ETH held at an average cost of $2,206; unrealized losses total $3.78 billion. #Update #Crypto $ETH
Bitcoin Developers Launch Quantum Defense Initiative
Bitcoin’s developer community proposes BIP-361, potentially freezing coins in quantum-vulnerable addresses, challenging Bitcoin’s core principle of ownership. Community backlash grows against this defensive measure. #Update #Crypto $BTC
Bitcoin Holds Above $74000 Amid Market Pullback
Bitcoin holds above $74,000 as global markets recover from the US-Iran conflict; $ETH rises 4% to $2,325, while $SOL, $ADA, and $DOGE see pullbacks. #Update #Crypto $BTC
XRP Launches as Payment for 44 Million Users
@Rakuten is integrating $XRP into its Rakuten Pay app, enabling 44 million users to spend XRP at over 5 million merchants starting April 15. #Update #Crypto $XRP
Fed Chair Nominee Holds Crypto Portfolio
Kevin Warsh, Trump’s Fed chair nominee, holds crypto assets across multiple platforms, including $SOL and $OP. He must divest before confirmation amid scrutiny over potential conflicts. #Update #Crypto $SOL $OP
Bitcoin Breaks $76K But Signals Major Bottom
Bitcoin ($BTC) failed to maintain a breakout above $76,000, slipping back below $74,000 despite a 1.3% gain; Ether ($ETH) rose 2.5%, while bearish sentiment persists with negative funding rates. #Update #Crypto $BTC
Ethereum Launches $1M Audit Subsidy Program
@EthereumFndn launches a $1M “Audit Subsidy Program” to enhance smart contract security by partnering with top audit firms, part of its broader Trillion Dollar Security Initiative. #Update #Crypto $ETH
Bitcoin ETF Launches Amid Goldman Sachs Push
Goldman Sachs files for a Bitcoin Premium Income ETF, allowing investors to gain exposure to $BTC while generating income through options selling, signaling a shift in crypto investment strategies. #Update #Crypto $BTC
Avalanche Secures Telescope Records with SkyMapper
Avalanche’s @AvaLabs launches SkyMapper L1, a blockchain network for real-time verification of telescope data, enhancing scientific reliability with tamper-proof records. #Update #Crypto $AVAX