Category: News

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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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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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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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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