Category: crypto

Block plans to bring back the Bitcoin faucet model on April 6 through a new site called btc.day. This initiative is part of Jack Dorsey’s efforts to increase Bitcoin access and education. The website currently features a countdown timer and branding related to the old faucet concept. The company has not disclosed the rules for…

A Nevada court has extended the ban on Kalshi’s event contracts, equating them to sports betting. The case highlights the clash between state gambling laws and federal oversight over prediction markets. The judge granted a preliminary injunction, preventing the company from offering contracts without a gaming license in Nevada. Other states are also taking legal…

Traders are pricing fewer Fed cuts in 2026 due to U.S. unemployment dropping to 4.3%, impacting liquidity for Bitcoin and Ethereum but not causing a risk-asset capitulation. This shift reflects skepticism about inflation returning to target quickly enough for deep easing, while the labor market remains strong, leading to a slower normalization of real yields.

The Ethereum Foundation completed its 70,000 ETH staking target by depositing approximately 45,000 ETH worth $93 million in a single on-chain session on April 3. This marks a shift in funding operations from periodic ETH sales to yield-bearing staking. The foundation aims to strengthen network security and generate annual revenue of $4-6 million.

Gemini has updated its ActiveTrader platform with drag-to-modify tools for orders, targeting fast markets. Despite Gemini’s stock trading below IPO price, users still complain about lag. The update aims to improve speed and usability for high-frequency traders, but questions remain about the company’s execution and product strategy amidst market challenges.

Bitcoin remained above $67,000 on Good Friday as the U.S. added 178,000 jobs in March, beating expectations. With traditional markets closed for Easter, crypto was the main indicator of investor sentiment. Bitcoin’s stability in response to the strong job report suggests a decoupling from traditional market influences.

Coinbase has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency, making it the first major U.S. crypto exchange to achieve this. Despite this milestone, community banking groups have criticized the decision, calling it a “grave mistake” and potentially threatening legal action.

Marex has created a “prediction market bond” linked to Nvidia, paying a 7% coupon if Nvidia remains the world’s most valuable company for a year. The structure combines principal protection with credit risk, mirroring prediction markets like Polymarket. This innovative bond reflects the growing integration of traditional and crypto-native markets.

President Trump has replaced Pam Bondi with Todd Blanche as interim U.S. Attorney General. Blanche, who dismantled the DOJ’s crypto enforcement unit in April 2025, holds up to $485,000 in personal digital asset holdings. His appointment signals a continuation of the DOJ’s current approach to digital asset enforcement, with the NCET remaining disbanded.

X is implementing auto-locking for any crypto scam account that mentions cryptocurrency for the first time, aiming to eliminate 99% of the economic incentive behind fraud on the platform. This measure targets accounts hijacked for fraudulent crypto schemes. The feature requires verification before posting about cryptocurrency, reducing scam activity.