#DLNEWS News

Changpeng Zhao and Justin Sun deny ‘baseless hit piece’ alleging DOJ cooperation deal
dlnews.com Binance co-founder Changpeng Zhao and TRON founder Justin Sun are pushing back after a Wall Street Journal report claimed Zhao agreed to provide evidence against Sun as part…

Biopharma firm spins off cancer research to mine Dogecoin instead
dlnews.com After years of advancing cancer and autoimmune therapies, one biopharma firm is taking the next logical step: Dogecoin mining. Coeptis Therapeutics, a publicly traded…

Georgia Senator calls Trump memecoin dinner ‘impeachable offense’
dlnews.com US lawmakers should impeach President Donald Trump for his decision to reward investors who bought his memecoin with a “gala dinner,” according to US Senator Jon Ossoff.…

Why pro-Bitcoin US senator calls Fed’s crypto-friendly move ‘just lip service’
dlnews.com The Federal Reserve on Thursday withdrew from a slew of Biden-era guidance warning banks against engaging the crypto industry. The reversal could lead to an injection of…

Stablecoins just hit a record $237bn in value as sector gets hot
dlnews.com For all the excitement about Bitcoin’s latest surge, the sleeper story in crypto this week is the steady march of stablecoins toward mainstream adoption. The global…

Stablecoin issuers on course to leapfrog China and Japan as US Treasury holders, Citigroup says
dlnews.com When it comes to hoovering up US government debt, you normally look at nation states — China, Japan, the UK — and major corporations such as Warren Buffett’s Berkshire…

Vanishing Nike-linked NFTs spark panic among collectors
dlnews.com Art linked to tens of thousands of NFTs from the CloneX and Animus collections suddenly disappeared on Thursday leaving owners blindsided. The cause? A bug with Cloudflare,…

Bitcoin gets complicated as Tether and SoftBank tap Wall Street alchemy
dlnews.com A version of this story appeared in our The Roundup newsletter on April 25. Sign up here. Investing in Bitcoin is pretty simple. You can open a Coinbase or a Robinhood…

Coinbase dismisses Circle rivalry as PayPal deal rides $237bn stablecoin surge
dlnews.com Coinbase waved away concerns about mounting rivalries in the growing stablecoin space on Thursday after expanding its partnership with crypto-curious fintech PayPal. The tie…

BlackRock Reveals The Asset That Can Replace The US Dollar
watcher.guru BlackRock’s Larry Fink has once again given a blunt warning to the world about the changing financial dynamics. Fink has raised concerns over the rising US debt and the fact…

Roger Ver pays Trump’s ‘dirty trickster’ $600,000 to escape extradition
dlnews.com If renouncing your US citizenship and moving to the Caribbean doesn’t get the tax man off your back, you can always try cutting a six-figure cheque to a top Trump ally to go…

How Trump tariffs left investors reeling and crypto execs searching for new answers: ‘It’s chaos’
dlnews.com Even by crypto standards, it’s been a volatile week. As industry enthusiasts and business leaders descended on Paris for a weeklong industry event in the heart of the French…

Solana and AI firms top $644m investment haul this week
dlnews.com Venture capitalists and other investors poured $644 million into crypto and DeFi deals this week amid renewed optimism in the crypto markets as Bitcoin breached $94,000.…

Most of BlackRock’s $2.5bn tokenised fund is held by four wallets. Here’s why, says Michael Sonnenshein
dlnews.com There’s no doubt BlackRock’s debut tokenised fund is off to a fast start. The BUIDL fund, comprising crypto versions of cash and US Treasury bonds, has ballooned to more…

How Trump’s trade war is hurting Bitcoin miners: ‘It’s literally chaos every day’
dlnews.com Donald Trump’s trade war is now putting Bitcoin miners in dire straits. Hashprice — a key measure of profitability for Bitcoin miners — has dropped to $40, its lowest level…

Bitcoin bulls flash $437m signal price will skyrocket to $110,000
dlnews.com Bitcoin traders seem to have caught a fresh case of FOMO. Data from crypto derivatives exchange Deribit shows Bitcoin options markets have flipped bullish almost overnight,…

Indicted Tornado Cash dev just got a boost from an unlikely source
dlnews.com The Department of Justice this week said it would stop pursuing certain crypto crimes. And that could be good news for Tornado Cash co-founder Roman Storm, crypto attorneys…

Why XRP’s sudden popularity with institutions means it will be ‘an outperformer’
dlnews.com XRP might be on the verge of a major price rally. Last week, institutional investors bagged $37 million worth of XRP even as most cryptocurrencies struggled to attract…

Crypto bulls buy the dip as ‘stubborn optimism’ sends volume 153% higher
dlnews.com Investors have piled into bets that crypto will reach new heights, according to eToro data. The number of long crypto positions opened on April 7 — the day US President…

Cantor SPAC soars after launch of $3.9bn SoftBank-backed Bitcoin venture
dlnews.com Shares of Cantor Equity Partners, the so-called blank-cheque vehicle that launched in January, soared just a day after announcing it will merge to become the…

Trump memecoin soars 60% after president pledges to invite top holders to ‘gala dinner’ at golf club
dlnews.com A controversial memecoin created by Donald Trump in January soared 58% Wednesday after its website said the top 220 investors will be invited to a dinner with the US…

Ethereum dev who gave lecture on crypto in North Korea released from prison
dlnews.com Former Ethereum developer Virgil Griffith was released from prison on Wednesday after serving almost five years behind bars. Griffith was sentenced in 2022 to 63 months in…

Traders are running out of safe havens. Now should be Bitcoin’s time to shine
dlnews.com Investors are running out of places to hide. US Treasuries, once a handy haven in times of strife, aren’t looking so safe anymore. Jittery traders are bucking past trends…

Satoshi Nakamoto has been known by US government for years, lawyer claims
dlnews.com Wait... The US government knows the identity of Satoshi Nakamoto? When it comes to unmasking the pseudonymous inventor of Bitcoin, a Virginia lawyer may have just come up…

Forget altseason, 70% of hedge funds see Bitcoin dominance soaring
dlnews.com A majority of hedge fund managers are banking on Bitcoin’s dominance to surge over the next year and kneecap the budding altcoin season many investors were hoping for.…

Arthur Hayes hails Bitcoin price rebound as dawn of ‘up only’ era
dlnews.com The next time US President Donald Trump sends markets cratering with tariffs, Bitcoin investors won’t blink, says Arthur Hayes. In a blog post on Tuesday, Hayes, the…

Why this analyst says Bitcoin price moves are best he’s ever seen
dlnews.com Bitcoin surged past $94,000 on Wednesday, signalling what some analysts say is a shift in how investors value the asset. The sudden rally puts the top crypto back to where…

Aavegotchi ditches Polygon for Coinbase’s Base blockchain
dlnews.com Aavegotchi, the crypto game, will leave the Polygon blockchain after members voted overwhelmingly on Tuesday to migrate to Coinbase’s Base blockchain. The open source game…

Why analysts see Bitcoin breaking its all-time highs this year
dlnews.com Bitcoin’s sharp rise past $91,000 on Tuesday has jolted markets, signaling what some analysts believe could be the beginning of a broader crypto resurgence. Behind the…

Hacker infects Ripple’s XRP Ledger software with crypto stealing ‘backdoor’
dlnews.com A hacker compromised a key piece of software used by developers of Ripple’s XRP Ledger blockchain on Monday, putting thousands of users’ funds at risk, according to Aikido,…

Binance demands Nigeria drop $81bn case after prosecutors misspell lawyer’s name in email
dlnews.com There’s a big difference between a dot and a dash. Perhaps as much as $81 billion of a difference. On Monday, lawyers for Binance asked a Nigerian judge to invalidate an $81…

Bitcoin recoups ‘Liberation Day’ losses. Here are three factors seen driving the price
dlnews.com At nearly $91,000, Bitcoin has just recouped all the losses incurred by US President Donald Trump’s bellicose tariff regime. The $1.7 trillion cryptocurrency even added 7%…

Ripple exec says $1.2bn acquisition of Hidden Road will supercharge its stablecoin offering
dlnews.com Ripple says it acquired the prime broker Hidden Road for $1.25 billion. The deal, revealed by Monica Long, the crypto firm’s president, will see Hidden Road integrate…

Bitcoin can replace the dollar as the world’s reserve currency. No really
dlnews.com Wolfgang Münchau is a columnist for DL News. He is co-founder and director of Eurointelligence, and writes a column on European affairs for the New Statesman. Opinions are…

Cardano ETF approval chances just surged as 72 altcoin applications await SEC nod
dlnews.com The chances on Cardano’s token, ADA, winning approval for its spot exchange-traded fund rose sharply on Polymarket Tuesday morning, to 63%. That’s from a Monday low of 56%.…

The secret to Maple Finance’s $1bn revival? Courting institutions, its CEO says
dlnews.com Sam Bankman-Fried almost killed Maple Finance. The collapse of FTX, the crypto exchange, in 2022 almost dragged down the crypto lender, too, especially after the strain…

Matt Hougan and other crypto leaders look past tariff turmoil: ‘Good day to remember why we’re here’
dlnews.com Even as Wall Street billionaires such as Bill Ackman urge Donald Trump to reverse course or at least pause his punishing tariff plan, leading crypto voices have a different…

XRP ETF bet just got juicer as potential approval seen to unleash $8bn bonanza
dlnews.com Crypto bettors on Polymarket are twitching about the prospects of a spot XRP exchange-traded fund in the US. On Tuesday, Polymarket punters put the chances of the Securities…

Saylor’s Strategy expects net loss after $5.9bn Bitcoin drop
dlnews.com Strategy, the enterprise software-cum-Bitcoin holding company formerly known as MicroStrategy, likely lost money through the first three months of the year due to the…

Strategy almost doubles last Bitcoin haul with $555m purchase
dlnews.com Strategy’s relentless hoovering of Bitcoin has accelerated, with the firm following up a recent $286 million purchase with the announcement Monday it has bought almost twice…

Trump’s tariffs stall crypto IPOs as Circle rethinks listing strategy
dlnews.com A slate of fintech firms looking to go public in 2025, including stablecoin stalwarts Circle, are shelving those plans as the world economy spirals into a trade war. Just…

Opinion: New Vitalik documentary could have been so much more
dlnews.com Aleks Gilbert is a DeFi correspondent at DL News. Opinions expressed are his own. Early in the documentary “Vitalik: An Ethereum Story,” journalist and professor Nathan…

If Satoshi Nakamoto’s identity is in a government file Bitcoin advocates want it closed forever
dlnews.com A version of this story appeared in our The Guidance newsletter on April 21. Sign up here. Somewhere in Washington there’s a vault with proof of extraterrestrial life and…

Here’s where bettors see Bitcoin’s price as markets plunge: ‘We’ll still go lower from here’
dlnews.com What are the chances that Bitcoin will recover after crashing below $75,000? Bettors on Polymarket aren’t optimistic. They’re betting that Bitcoin has a 56% chance of…

Pope Francis’ passing triggers payout for Polymarket bettors
dlnews.com Catholics around the world are mourning the death of Pope Francis, the beloved pontiff who led the Church through more than twelve years of change and challenge. But for…

How a DeFi whale lost $74m when an Ethereum-backed loan hit the wall
dlnews.com A heavyweight DeFi user lost $74 million on Sunday after Ethereum’s sudden price drop caused them to default on a large loan. The whale took out the loan some time ago…

Gold and Bitcoin prices rally amid Trump-Powell feud, sinking dollar, and tariffs
dlnews.com Bitcoin may finally be having its golden moment, this time soaring in tandem with gold itself. The top cryptocurrency surged to a one-and-a-half-month high of $87,500 this…

Bitcoin’s crash to $74,700 means markets will get ugly, says Standard Chartered
dlnews.com Bitcoin fell 10% over the past 24 hours to trade just under $74,700 as US President Donald Trump’s trade war continues to rock global markets. The fall could hint at bad…

Cardano Price Forecast: ADA Traders Deploy $700M Leverage as Charles Hoskinson says “no deal” with Trump
coingape.com Cardano price is floating above the $0.62 level on Sunday April 20, down 0.7% on the daily candle. However, derivatives trading signals observed over the weekend suggest…

UK-based crypto fund snaps up $250m in Bitcoin as public firms boost their treasuries
dlnews.com A London-based digital asset fund has withdrawn nearly 3,000 Bitcoin from exchanges over the past four days, adding to a trend of companies boosting their holdings while…

Recession bets spike as markets flash eerie echoes of ‘Black Monday’ crash
dlnews.com Investors are bracing for what some fear could be a repeat of Black Monday, as markets reel from a brutal week marked by sharp losses and escalating tariff tensions. On…

Schwab plans crypto trading features to stay competitive while warning value could ‘disappear’
dlnews.com Charles Schwab is preparing to launch spot crypto trading features within the next 12 months. It’s a major shift for the investment platform, which has traditionally taken a…

FTX and Celsius repayments left billions in value behind. The DOJ may change that
dlnews.com The US Department of Justice is reconsidering how victims in digital asset bankruptcies and enforcement cases are compensated. In an April 7 memo, the DOJ said it may…

Will Trump fire Fed chair ‘Too Late Powell’? Polymarket odds are rising
dlnews.com Crypto traders on prediction platform Polymarket are raising their bets that President Donald Trump may move to oust Federal Reserve Chair Jerome Powell this year. The odds…

Tornado Cash’s ‘incredible victory’ in sanctions case thrown into doubt, crypto lawyers say
dlnews.com It was an “incredible win” for privacy, for software developers, and freedom of speech. Or was it? The crypto industry celebrated when the US Treasury Department removed…

Kraken makes ‘difficult decision’ to shed jobs ahead of potential IPO
dlnews.com Kraken, which appears to be preparing for an initial public offering, is getting leaner. The second-biggest US crypto exchange is making “the difficult decision” to…

Crypto slides as trade war fears mount. ‘There are no winners in a trade war’
dlnews.com Crypto has fallen almost 2% over the past day as traders digest US President Donald Trump’s tariffs before pivoting towards China’s retaliation. On Friday morning China…

Polymarket punters pour into bearish Bitcoin bets as Trump tariffs bite
dlnews.com Crypto investors are scaling back their optimism after US President Donald Trump’s sweeping tariffs shook the market this week. On Friday, Polymarket, where punters can bet…

Why Cardano’s Charles Hoskinson isn’t miffed by White House snub: ‘I don’t need to make a deal with Trump’
dlnews.com As more than a dozen top crypto executives strolled into the White House State Dining Room in March for the digital assets summit, one founder was left out. Charles…