Crypto’s Clarity Act Survives Senate Calendar Crunch
April’s timeline for the U.S. Senate’s crypto Clarity Act faces delays, with potential committee hearings in May; final vote needed by July amid stablecoin yield concerns. #Update #Crypto $BTC
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Firms Gain Fed Payment Access
The Bipartisan PACE Act aims to expand crypto firms’ access to Federal Reserve payment services, potentially enhancing operational efficiency and market integration. #Update #Legal
Iran Cancels Talks Escalating US Tensions
Iranian hardliner Ali Gholhaki cancels Pakistan talks, rejecting US demands on nuclear program and Strait of Hormuz, dropping US-Iran ceasefire odds to 21.5%. #Update #Diplomacy
Cryptocurrency Fraud Scheme Nets Gotti Grandson Prison Time
Mob boss John Gotti’s grandson, Carmine Agnello, sentenced to 15 months for defrauding $1.1M in Covid relief funds, investing in crypto. #Update #Legal $BTC
Macron Pledges Lebanon Support in Israel Talks
Macron pledges support for Lebanon in Israel talks, but France won’t mediate. Diplomatic meeting odds by April 30 remain at 100% YES. #Update #Diplomacy
Crypto Hackers Steal $17B in Decade
Crypto hackers stole $17B over the past decade, with recent DeFi exploits indicating a shift from smart contract vulnerabilities to private key compromises. #Update #Crypto
Trump Cabinet Shakeup: Patel Joins by June
Rep. Ted Lieu suggests FBI Director Kash Patel is next for a Trump Cabinet shakeup, with markets predicting a 61% chance of departure by June 30. #Update #Political
Crypto Faces Quantum Computing Threat Ahead
A report by @Coinbase warns that while quantum computing won’t immediately threaten crypto, preparations for quantum-resistant cryptography are urgent as a future threat looms. #Update #Crypto $BTC $ETH
Hedge Funds Add Risk as Market Set to Soar
Hedge funds are increasing risk exposure as retail investors return to the market, signaling a potential multi-year stock rally, according to Fundstrat’s Tom Lee. He cites improved earnings estimates and U.S. economic strength as key factors. #Update #Crypto $BTC (+5) ↗
Fed Markets Stable Trump Urges Rate Cuts
President Trump expresses disappointment if Fed Chair nominee Kevin Warsh doesn’t cut rates; muted market reaction suggests skepticism of Trump’s influence. #Update #Politics
CLARITY Act Advances in Senate Banking Committee
The Digital Chamber urged the Senate Banking Committee to expedite the CLARITY Act markup, stressing urgency as over 70 million Americans adopt digital assets; time is limited before potential delays. #Update #Crypto
Equity Rally Soars as BlackRock’s Rieder Touts Market
BlackRock’s Rick Rieder highlights strong market technicals and earnings growth, noting a $1 trillion stock buyback this year amid a recent S&P 500 rally. #Update #Crypto $SPY (+2) ↗
CBDC Push Signals Bank of Korea’s Future
Bank of Korea Governor Shin Hyun-song emphasizes CBDCs and deposit tokens in his inaugural address, omitting stablecoins amid ongoing regulatory discussions. He aims for enhanced crypto market oversight. #Update #Crypto $BTC
Alibaba Cloud Launches Qwen LLMs Onchain
@0GFoundation and @AlibabaCloud enable onchain access to Qwen LLMs for AI agents, shifting from APIs to tokenized systems for autonomous platforms. #Update #AI