Bitcoin price mirrors the wild swings seen on US stock markets, leading analysts to predict a final flush down to the $71,000 level. Bitcoin (BTC) price made a swift move to $78,300 at the April 9 Wall Street open as “herd-like” price action in equities markets continued to spook risk-asset traders. BTC/USD 1-hour chart. Source:...Continue Reading

Binance is set to launch LDUSDt, a new reward-bearing margin asset that users can obtain by swapping USDt from its Simple Earn product, emphasizing that it is not a stablecoin. Binance is launching a new “reward-bearing margin asset” LDUSDt, which the company says is not a stablecoin. According to an April 9 announcement, LDUSDt can...Continue Reading

Core’s Rich Rines told Cointelegraph that the success of its staking model shows there’s a way for Bitcoin to be more productive. Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow. Core’s initial contributor, Rich Rines, told Cointelegraph that...Continue Reading

What if you could harness the power of memecoin degeneracy to solve the biggest problems humanity has ever faced: aging and death? Memecoins generate a lot of financial activity without creating much real-world impact.But what if you could harness the power of memecoin degeneracy to solve the biggest problems humanity has ever faced: aging and...Continue Reading

Taurus’s interbank digital asset network launches with participation from Arab Bank Switzerland, Capital Union Bank, Misyon Bank, Swissquote and others. Swiss cryptocurrency fintech Taurus has launched an interbank network that is purpose-built for regulated institutions involved in digital asset operations. On April 9, Taurus said in an announcement shared with Cointelegraph that it had launched...Continue Reading

Bitcoin may see growing recognition as a safe-haven asset thanks to its maturing volatility profile and growing institutional recognition as a digital gold alternative. Update April 9, 1:38 pm UTC: This article has been updated to include the latest developments on US import tariffs. The global trade war may be a silver lining for Bitcoin’s...Continue Reading

A new bill in New York proposes a blockchain study to explore securing voter records and election results, led by experts in voting and cybersecurity. Blockchain may soon earn itself a role in New York State’s voting processes and procedures. New York Assemblymember Clyde Vanel introduced Bill A07716 on April 8, directing the state Board...Continue Reading

Kraken’s Mastercard crypto debit cards will be available in the coming weeks, with clients currently joining a waitlist for the product. Cryptocurrency exchange Kraken has partnered with Mastercard to issue crypto debit cards across the United Kingdom and Europe, the company announced on April 8. The partnership will enable the crypto exchange to expand its...Continue Reading

Thai regulators are sharpening measures against digital asset mule accounts, restricting foreign crypto P2P platforms and imposing penalties of up to $8,700. Thailand is beefing up measures to combat online crimes involving digital assets by passing new amendments to several national laws. Thailand’s cabinet on April 8 passed a resolution approving amendments to emergency decrees...Continue Reading

Charles Hoskinson says crypto must adopt cooperative tokenomics to compete with tech giants as US regulation opens the door to Apple, Amazon and others. The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson. Speaking at...Continue Reading