Citadel-backed EDX Markets taps BitGo for crypto traction
EDX Markets, a cryptocurrency exchange backed by Citadel Securities, Charles Schwab, and Fidelity, has announced a new partnership with digital asset infrastructure firm BitGo to accelerate institutional adoption of crypto. The partnership will see venture capital backed and institution-focused EDX…...
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First Digital Trust Files Defamation Claim Against Justin Sun
Justin Sun’s allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim initiated by the company. First Digital’s FDUSD stablecoin briefly de-pegged on April 3 after Sun claimed the company was “insolvent,” though it has since virtually recovered, according...
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Kalshi wins injunction against Nevada in Federal Court
A U.S. District Court in Nevada has granted Kalshi a preliminary injunction, temporarily halting the state’s efforts to block the crypto-based prediction market from operating. The ruling allows Kalshi to continue offering sports event contracts in Nevada while its legal…...
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Solana price path of least resistance in April is $80 – Polymarket
Solana price continued its freefall this week and is on the verge of forming a death cross, as Polymarket traders bet it may crash to $80 soon. Solana (SOL) was trading at $106 on Wednesday, down by over 60% from…...
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Bitcoin sell-off puts mid-term holders under pressure: Glassnode
Bitcoin’s downside pressure has seen sell-off dynamics shift from newer coins to older cohorts, with the gradual capitulation coming amid broader market weakness. On-chain metrics and data insights platform Glassnode says Bitcoin (BTC) Bitcoin’s downside pressure has seen sell-off dynamics…...
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Big Players Actively Accumulate Bitcoin Amid Market Turmoil – On-Chain Metrics
Bitcoin is currently undergoing one of the most aggressive corrections ever seen during a bull market — not just in terms of price but also in investor sentiment. While BTC remains technically in a long-term uptrend, the emotional toll on the market tells a different story. Panic, confusion, and...
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Bitcoin Stands To Win If Trump Tanks The Dollar, Bitwise Says
In a newly released investor note, Bitwise Chief Investment Officer (CIO) Matt Hougan argues that Bitcoin stands to benefit significantly from the Trump administration’s push toward a weaker dollar—even if that push risks ending the dollar’s long standing role as the world’s reserve currency. The note, dated April 8,...
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Bitcoin DeFi Network Arch Finds VC Backer for Early-Stage Projects
Bootstrapping decentralized finance (DeFi) on any blockchain usually requires a mix of builders with big ideas and funders to back them. That much is as true for baselayers as it is for the financial protocols launching atop them. Arch Labs, whose eponymous network is one of the many projects...
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PARTI price jumps on OKX USD pair news, extending recovery from post-launch slump
OKX has announced the upcoming launch of the PARTI/USD trading pair, sparking renewed investor interest as the token begins to recover from its post-launch decline. OKX has officially announced the launch of the PARTI/USD trading pair, set to go live…...
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U.S. House Hearing Marks Progress Toward Crypto Market-Structure Bill
The U.S. House Financial Services Committee checked the next box in moving toward what Representative Bryan Steil referred to as the “second half” of President Donald Trump’s crypto agenda: a bill to set U.S. crypto market rules for a fully regulated domestic industry. Steil, the Republican chairman of the...
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