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Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand …
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The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so. Accepting Bitcoin is part of the school’s plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to “prepare students …
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Ripple made headlines this week when it became the first crypto-native company to acquire a multi-asset prime broker, potentially setting the stage for wider adoption of its XRP Ledger technology. The acquisition of Hidden Road didn’t come cheap, either, as Ripple doled out $1.25 billion for the brokerage. It was a price Ripple CEO Brad …
Continue reading “Crypto Biz: Ripple’s ‘defining moment,’ Binance’s ongoing purge”
The US Federal Reserve is prepared to use its vast arsenal of monetary policy tools to prevent financial and economic conditions from deteriorating rapidly but will do so only if liquidity dries up or markets become disorderly, a top central banker said. In an interview with the Financial Times, Boston Fed President Susan Collins said …
Continue reading “US Fed 'absolutely' ready to step in if liquidity dries up — Voting member”
Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury …
Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post …
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Neel Kashkari, President of the Minneapolis Federal Reserve, addressed the issue of rising Treasury yields on April 11, suggesting that they might indicate a shift in investor sentiment away from United States government debt. Kashkari highlighted that the Federal Reserve has tools to provide more liquidity if necessary. While underscoring the importance of maintaining a …
Continue reading “Fed’s Kashkari hints at liquidity support — Is $100K Bitcoin back on the table?”
A key Bitcoin (BTC) metric signaled a potential shift in its positioning after BTC’s long-term holder realized cap (LTH Realized Cap) surpassed $18 billion for the first time since September 2024. Data from CryptoQuant indicated that this cohort has exhibited aggressive accumulation, which previously marked the BTC bottom in Q3 2024. The LTH realized cap …
Trump kills DeFi broker rule in major crypto win: Finance Redefined, April 4–11 In a significant win for decentralized finance (DeFi) protocols, US President Donald Trump overturned the Internal Revenue Service’s DeFi broker rule, which would have expanded existing reporting requirements to include DeFi platforms. Increasing US crypto regulatory clarity will attract more tech giants …
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Bitcoin (BTC) price has rebounded by over 11% from the April. 7 low of $74,400, and analysts believe that onchain and technical indicators point to a sustained recovery. According to popular analyst AlphaBTC, Bitcoin will see a sustained recovery if it holds above $81,500. Bitcoin price reclaimed the $80,000 psychological level after retesting the “weekly …
Continue reading “Bitcoin sellers tap out, clearing the path for a fresh run at new all-time highs”
