Category: crypto

The US proposed a 20-year pause on Iran’s nuclear program during peace talks, while Iran countered with a 5-year suspension. If a deal is reached, oil prices could drop below $80 a barrel, triggering a significant rally in the crypto market. This negotiation marks progress in resolving the conflict that began in February.

Eric Swalwell resigned from his House seat on April 15, following allegations of sexual misconduct from multiple women. The resignation came after a swift political downfall that also saw him lose his frontrunner status in the California governor’s race. Swalwell denied the allegations but took responsibility for his mistakes.

The IRS 1099-DA crypto reporting requirements are now in effect for the first time, with every American who sold or traded digital assets in 2025 needing to account for those transactions. 53 million filers have already claimed new Trump administration tax exemptions, with average refunds increasing by 11%. IRS CEO Frank Bisignano testified on Tax…

Justin Sun accuses World Liberty Financial of “world tyranny” over coercive token lockups and anonymous control. Trump-backed WLFI faces scrutiny for tying voting rights to 180-day staking and concentration of power in a few wallets. Sun criticizes new governance proposal as a scam, escalating legal and governance disputes as WLFI token trades around $0.08.

House Republicans are divided on the FISA surveillance reauthorization and budget reconciliation, hindering progress on the CLARITY Act for digital assets. Senate Banking Committee must act by late April before midterm politics take over. The bill faces multiple steps for approval, and missing the deadline could delay it until at least 2030.

Circle CEO Jeremy Allaire has been named to the 2026 TIME100 list for his role in the mainstream adoption of USDC as a compliant stablecoin rail for banks, fintechs, and regulators worldwide. USDC processed $9.6 trillion in on-chain volume in 2025 and $217 billion in redemptions, positioning it as a core payment infrastructure.

Allbirds stock skyrockets over 400% after announcing a $50 million pivot into AI as “NewBird AI” and selling its brand for $39 million. The move highlights the trend of investors rewarding consumer brands integrating AI, despite weak financials. The company plans to invest in GPU assets and cloud solutions.

Paris Blockchain Week 2026’s first day focuses on institutional needs for privacy, composability, and gold-backed tokenization. Canton Network and iExec are highlighted for their solutions. The event, attended by decision-makers from banks and regulators, emphasizes the importance of addressing privacy and composability for institutional adoption. Real-world asset tokenization is gaining attention, with JP Morgan reportedly…

President Trump revealed that he and Chinese President Xi Jinping exchanged letters about China’s alleged weapons transfers to Iran, with Xi denying the claim in writing. Trump called this a positive step ahead of their May summit. This exchange could ease tensions between the US and China, impacting Bitcoin and oil markets.

S&P 500 and Nasdaq close at record highs led by Tesla and Apple, while the Dow slips. U.S. stocks finish higher with tech shares surging. Investors rotate into growth and AI-linked names. The S&P 500 nears 7,000 points with expectations for strong earnings growth. Chinese companies also see gains in New York.