American Bitcoin was born from a deal involving members of Trump’s family and Hut 8, a Bitcoin miner. American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg.  On March 31, Hut 8 — a...Continue Reading

MARA Holdings and the head of digital assets research at VanEck endorsed the FLARE Act proposed by Texas Senator Ted Cruz on April 1. Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state. In an April 1 notice, Cruz said he had...Continue Reading

Backpack acquired FTX EU in January 2025 to offer crypto derivatives throughout Europe. Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it...Continue Reading

USDC stablecoin issuer Circle has filed to go public in late April on the New York Stock Exchange under the ticker “CRCL.” Crypto stablecoin issuer Circle Internet Group has filed with the US Securities and Exchange Commission to go public on the New York Stock Exchange. The USDC (USDC) issuer is planning to list its...Continue Reading

Ethereum’s income from L2 blob fees has dropped over 95% since mid-March, raising concerns about the network’s post-Dencun revenue model. The Ethereum network’s main source of income from layer-2 (L2) scaling chains — “blob fees” — has sunk to the lowest weekly levels so far this year, according to data from Etherscan.  In the week...Continue Reading