Illinois Senate passes crypto bill to fight fraud and rug pulls
The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures. On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets and...
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HashKey Wins Hong Kong Approval to Offer Staking, Boosting Institutional PoS Appeal
Hong Kong-based cryptocurrency exchange HashKey has received regulatory approval to offer staking services, a move that could significantly expand the appeal of proof-of-stake (PoS) investments like spot Ether exchange-traded funds (ETFs) among institutional investors. The announcement came on April 10, when HashKey revealed that it had secured authorization from...
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New Hampshire and Florida Advance Bills to Establish State Bitcoin Reserves
Legislative efforts to introduce state-level Bitcoin reserves are gaining momentum in the United States, with both New Hampshire and Florida advancing bills aimed at allowing their respective governments to hold Bitcoin as part of their financial reserves. On April 10, New Hampshire’s House passed bill HB302 in a narrow...
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Largest BTC Inflow Since 2022 Hits Accumulation Wallets: CryptoQuant
The crypto market witnessed a brief respite after Trump’s surprise policy pivot. Major Bitcoin wallets sprang into action, triggering movement not seen in years. The numbers paint a picture of quiet accumulation following market turbulence. Strategic Buying On April 9, accumulation addresses received a whopping 48,575 BTC. This was...
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Bitcoin’s Recent Drawdown Proves Its More Than Just a Leveraged Tech Play
The U.S. dollar index (DXY) has fallen below 100 and gold has surged to new all-time highs as escalating tariffs have heightened global economic uncertainty. Consequently, asset prices have taken a hit—most notably in the tech sector and cryptocurrencies. Since reaching its all-time high of $109,000 in January, bitcoin...
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Bitcoin Hashrate Hits Record High Amid Price Slide – Is BTC Undervalued?
According to a CryptoQuant Quicktake post published today, Bitcoin’s (BTC) hashrate and mining difficulty continue to reach new all-time highs (ATH), even as the price of the digital asset declines. The slump is largely attributed to growing global uncertainty surrounding escalating trade tariffs. Bitcoin Hashrate Defies Price Decline Spooked...
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Ethereum co-founder Vitalik Buterin proposes a simplified layer-1 privacy roadmap
Vitalik Buterin has shared a new proposal aimed at improving user privacy on Ethereum without making big changes to the network itself. In an Apr.11 post on the Ethereum Magicians forum, the Ethereum (ETH) co-founder explained how wallets and developers…...
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Japan’s FSA introduces new framework that divides crypto into two categories
Japan’s FSA has released a discussion paper on crypto regulations that seeks to categorize digital assets into two distinct categories. According to a recent report by Coinpost, the country’s Financial Services Agency has asked for public feedback regarding a discussion…...
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Trump seeks to fire Fed Chair Jerome Powell via the Supreme Court. Good news for the crypto market?
The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump’s tariffs policy. Since Powell ignored Trump’s urges to cut interest rates, Trump…...
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BITCOIN: THEY WILL PRINT!!!!!! (powell)
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