TLDR: Riot Platforms sold 3,778 BTC in Q1 2026, generating approximately $289.5 million in net proceeds. The company’s total Bitcoin holdings dropped 18% year-over-year, falling from 19,223 BTC to 15,680 BTC. Deployed hash rate surged 26% year-over-year, reaching 42.5 EH/s by the end of the first quarter 2026. All-in power costs fell 21% to 3.0 [...] The post Riot Platforms Sells 3,778 BTC in Q1 2026, Generates $289.5 Million in Net Proceeds appeared first on Blockonomi.

• #bitcoin

Cannabis stocks surged with Tilray, Canopy Growth, and Curaleaf posting major gains after FDA announced it will ease CBD enforcement starting in 2026. The post FDA CBD Policy Shift Triggers Massive Rally in Cannabis Stocks appeared first on Blockonomi.

The airstrike's escalation could lead to increased geopolitical tensions, impacting global markets and international diplomatic relations. The post Airstrike on Iranian site raises odds of US ground forces entering Iran to 66% appeared first on Crypto Briefing.

BlackRock's Larry Fink warns oil hitting $150/barrel could cause global recession. Exxon economist explains critical warning signs to watch in 2026. The post Could Oil Hit $150? BlackRock CEO Warns of Global Recession Risk in 2026 appeared first on Blockonomi.

Nvidia (NVDA) H100 GPU rental prices jump 40% to $2.35/hr as supply tightens. Blackwell sold out through 2026, China adds $25B potential revenue upside. The post Nvidia (NVDA) Stock Gains Momentum as H100 Rental Costs Jump 40% Amid Supply Crunch appeared first on Blockonomi.

The cloud division of Chinese tech giant Alibaba has launched Qwen3.6-Plus. The model offers a default context window of 1 million tokens, enhanced agent capabilities for programming, and more accurate multimodal perception and reasoning. The chatbot is available via the Alibaba Cloud Model Studio API and is compatible with third-party coding assistants, including OpenClaw, Claude Code, and Qwen Code. Performance and Multimodality Qwen3.6-Plus integrates reasoning, memory, and execution. In code correction tests, the model closely approached market leaders, and in task automation and complex terminal operations, it outperformed competitors. Source: Qwen.  The new version demonstrates some of the best results in long-term planning and the use of external tools. Qwen3.6-Plus also sets records in assessments of STEM reasoning, extracting information from ultra-long contexts, and multilingual environments. Alibaba continues to expand the product's capabilities, shifting focus from basic machine vision to complex multimodal analysis and autonomous AI agent operation. The updated model better understands the structure of complex documents, writes code, and analyzes videos and physical world objects. Qwen3.6-Plus can identify connections between information arrays and independently determine the optimal algorithm for solving a given task. Request for notes on a video lecture and Qwen3.6-Plus's response. Source: Qwen Based on screenshots of interfaces, product prototypes, design layouts, or multimodal instructions, the model generates frontend pages.  Ecosystem and Integrations The model is compatible with several popular tools: Qwen Code — an open-source AI agent for terminal work, specially adapted for this series. It helps analyze complex code bases, automate routine tasks, and speed up development; Claude Code — the Alibaba Cloud API supports the Anthropic API protocol. This allows the use of Qwen3.6-Plus with tools like Claude Code for an enhanced programming experience. The new version of the API includes a preserve_thinking function (disabled by default). It retains the intermediate thought process of the neural network from all previous dialogue stages. Developers recommend using it in agent scenarios: continuous reasoning context makes responses more accurate and often reduces overall token consumption. Alibaba Cloud Model Studio supports protocols compatible with OpenAI and Anthropic specifications. Back in February, the previous version of the AI model — Qwen-3.5 — was released. At that time, the tool first gained native multimodality. 

AI trading platforms like ConfluxCapital gain ground as investors shift from cloud mining to smarter income strategies. Amidst the persistent volatility of the cryptocurrency market, an increasing number of investors are beginning to re-evaluate various avenues for generating passive income.…

The PI token dipped below $0.17 earlier today to a multi-week low.

Escalating tensions and military actions diminish prospects for peace, necessitating significant diplomatic efforts to alter current trajectories. The post Ceasefire odds drop sharply amid escalating Iran conflict and missile strikes: FT appeared first on Crypto Briefing.

Iran's military escalation diminishes diplomatic prospects, impacting market confidence and increasing geopolitical tensions in the region. The post Iran escalates military actions, reducing US-Iran ceasefire odds to 1% by April 7 appeared first on Crypto Briefing.

Long traders have suffered more losses as the crypto market liquidation almost hit $300 million.

TLDR: The 30-day average of retail BTC inflows on Binance has dropped to 332 BTC, a 9-year record low.  Spot Bitcoin ETFs launched in January 2024 have pulled retail investors away from direct BTC holdings. Growing preference for exchange custody over self-custody wallets has centralized Bitcoin ownership.  Capital rotation into equities and commodities has reduced [...] The post Bitcoin Retail Activity Hits 9-Year Low as Shrimp Inflows on Binance Fall to 332 BTC appeared first on Blockonomi.

• #bitcoin

Tesla (TSLA) stock targets Japan's top import spot, doubling stores to 60+ and launching Model Y L while facing hybrid-loving consumers and global headwinds. The post Tesla (TSLA) Stock: Aggressive Japan Expansion Targets Mercedes’ Crown appeared first on Blockonomi.

Google has introduced Gemma 4, its latest open artificial intelligence model family focused on advanced reasoning and agent-style workflows. In an April 2 post on X, Demis Hassabis, chief executive of Google DeepMind, announced the launch of Gemma 4, its…

Riot Platforms sold 3,778 bitcoin during the first quarter of 2026, generating $289.5 million in net proceeds at an average price of $76,626 per BTC, according to the company’s official unaudited Q1 2026 production and operations update released this week. Riot Platforms Q1 2026 Update The Texas-based bitcoin miner and data center developer (Nasdaq: RIOT) […]

• #bitcoin

The reported acquisition talks come as South Korea is considering a 20% cap on major crypto exchange shareholders, which would force major platforms to restructure ownership.

Is a massive price prediction the only thing standing between a stagnant portfolio and a legendary breakout? Today, the spotlight is moving away from purely speculative tokens as smart money flows into platforms offering real-world financial integration. This pivot creates a perfect storm for the BlockchainFX ($BFX) ecosystem to dominate the charts. The BFX crypto [...] The post Can a Licensed Global Platform Flip the Script? Why BlockchainFX Utility is Overtaking Litecoin Price Prediction as the Top Crypto Presale to Buy Now appeared first on Blockonomi.

• #litecoin

U.S. stock markets close for Good Friday on April 3, 2026. NYSE and Nasdaq resume trading Monday at 9:30 a.m. ET. Banks and USPS remain open. The post Good Friday 2026: Stock Market Closure Guide for Traders and Investors appeared first on Blockonomi.

Soluna Holdings has achieved full vertical integration by acquiring the 150 MW Briscoe Wind Farm to power its expanding artificial intelligence (AI) data center campus. Soluna Holdings, Inc. announced on April 2, 2026, the successful closing of its $53 million acquisition of the Briscoe Wind Farm in West Texas. This transaction, financed through cash and […]

• #bitcoin

The Wallet integrated into Telegram has enabled trading in perpetual futures through its integration with the decentralized exchange Lighter. Introducing Perpetuals in Wallet in Telegram ⚡️Go long or short in seconds — right inside Telegram.50+ markets: Metals, Stocks, Oil & CryptoUp to 50x leverageStart from $1Powered by @Lighter_xyz pic.twitter.com/AhU5VH720f— Wallet in Telegram (@wallet_tg) April 2, 2026 This new tool allows users to open long and short positions with leverage on over 50 assets, including Bitcoin, Ethereum, oil, gold, stocks, and ETFs. All trades are executed directly within the app through the integrated custodial crypto wallet. The maximum leverage is 50x. The infrastructure for the direct integration of Lighter's decentralized order book into Telegram was developed by The Open Platform (TOP), the creators of Wallet. Carving a Niche The project does not intend to compete with specialized exchanges for experienced traders. Its main goal is to attract a mass audience unfamiliar with the derivatives market. The integrated wallet already boasts tens of millions of users, many of whom joined through the ecosystem of mini-apps and incentive programs. “Trading perpetual contracts traditionally required complex interfaces and specialized platforms. Direct integration into Wallet simplifies access and lowers the entry barrier for users who already store and transfer cryptocurrency in Telegram,” said TOP CEO Andrey Rogozov. The new functionality is unavailable to residents of the United States and the United Kingdom. The project team has focused on developing countries where access to traditional brokerage infrastructure is limited. Growth of the Perpetuals Segment Perpetual futures, or “perps”, allow speculation on price movements without an expiration date. This instrument currently dominates the crypto derivatives market, with monthly trading volumes exceeding $1 trillion by the end of 2025. Hyperliquid leads the segment, with daily turnover nearing $7 billion. Perp-DEX ranking. Source: CoinGecko. Lighter ranks fourth in this metric, competing with Aster and edgeX.In recent months, the exchange has expanded its product line by adding spot trading and perpetual contracts on stocks, which are available 24/5. In November, the startup raised $68 million at a valuation of $1.5 billion. Hyperliquid's Expansion: Competing with CEX and TradFi CEX remain a central element of the crypto industry, processing over $3 trillion in perpetual futures trades monthly.  However, the leading perp-DEX is steadily eroding this dominance. In early April, Hyperliquid's share of total perp trading volume exceeded 7% (up from 3.5% a year earlier). The platform's monthly turnover surpassed $200 billion. Notably, key metrics are growing amid a general decline in exchange activity following a peak in August 2025. This indicates effective market expansion rather than a temporary spike alongside a general trend. A significant growth factor is also the platform's entry into the non-crypto asset market. Commodities like oil are traded on Hyperliquid around the clock without breaks. The share of traditional assets in total turnover is steadily increasing, highlighting the structural advantage of DEX over traditional markets. If decentralized futures trading platforms continue to increase liquidity and expand their list of instruments, their target audience is likely to extend far beyond the crypto industry. Back in the day, former BitMEX CEO Arthur Hayes suggested that in the future, stock prices will be determined by perp-DEX, not Nasdaq.

Lucid Group (LCID) stock jumped 4.2% after revealing upgraded 2027 Gravity SUV features and a new Prestige Package. Analysts remain divided on outlook. The post Lucid Group (LCID) Stock Surges on Enhanced 2027 Gravity SUV Features appeared first on Blockonomi.

Arm (ARM) stock rises as company launches first data center chip and partners with IBM on AI infrastructure. Analysts see 17% upside potential. The post Arm Holdings (ARM) Shares Surge After IBM Partnership and First Data Center Chip Launch appeared first on Blockonomi.

Rising tensions and military posturing could destabilize the region, impacting global markets and geopolitical alliances significantly. The post Iran boosts defenses as US troop deployment raises odds for ground operations appeared first on Crypto Briefing.

AMD stock surged 3.5% after Erste Group upgraded to Buy, highlighting data center growth and the upcoming MI450 chip. Price target: $290.53 average. The post Advanced Micro Devices (AMD) Stock Surges 4% Following Bullish Analyst Upgrade appeared first on Blockonomi.

Shiba Inu community trashes Shytoshi Kusama as he goes deeper into religion and further from SHIB.

Toobit is a popular, award-winning cryptocurrency exchange with an international presence. Just recently, the venue announced a new high-yield opportunity window for USDC – the second-largest stablecoin in the industry. What You Need to Know Beginning on April 7th, Toobit will offer a 30% annual percentage rate (APR) for USDC fixed earn. This is a […]

The International Monetary Fund (IMF) has issued a fresh assessment of the tokenization sector, forecasting rapid expansion of on‑chain representation of financial claims while warning that the shift could reconfigure the global financial system and introduce new systemic vulnerabilities. IMF Flags Limits Of Traditional Resolution Tools In a note released by the IMF on Wednesday, […]

Samsung Electronics anticipates Q1 operating profit of 40.5 trillion won ($26.9B), driven by booming AI memory chip demand despite recent market headwinds. The post Samsung Electronics Eyes Historic Q1 Earnings Amid AI Memory Boom appeared first on Blockonomi.

Applied Digital (APLD) stock maintains Buy rating from Roth MKM ahead of Q3 earnings on April 8. Analyst sees 130% upside potential with $58 target. The post Applied Digital (APLD) Stock: Analyst Maintains $58 Target Before Q3 Results appeared first on Blockonomi.

For years, saving money meant one thing: putting cash in a bank account and earning modest interest. That model still exists, but it no longer dominates the conversation. In 2026, a growing share of capital is moving into crypto-based savings products. The reason is simple—yield, access, and control. The gap between traditional bank returns and crypto [...] The post Crypto vs Bank Savings Accounts: Where Does Your Money Earn More? appeared first on Blockonomi.

Dogecoin's state turns much more bullish than before, as pressure on bearish traders builds up.

MARA Holdings (MARA) stock drops amid layoffs, $1.1B Bitcoin sale, and 30% debt reduction. The company shifts focus toward AI and computing infrastructure. The post MARA Holdings (MARA) Stock: Company Offloads $1.1B in Bitcoin Amid Workforce Reductions and AI Shift appeared first on Blockonomi.

• #bitcoin

Gold fell 2% after Trump threatened Iran escalation, defying safe-haven expectations. Oil surged to $108, strengthening the dollar. UBS cuts 2026 forecast. The post Gold Drops 2% Despite Rising Iran Tensions: Why the Safe Haven Trade Failed appeared first on Blockonomi.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been flat this week, and the price managed to hold above $2,000, which can be considered a bullish signal. Market participants returned to ETH as soon as it dipped below $2,000. While holding around $2,000 is a […]

SpaceX negotiates $5B anchor investment with Saudi Arabia's PIF for record-breaking IPO targeting $75B raise and $1.75T valuation. Details inside. The post SpaceX IPO: Saudi Arabia’s PIF Considers Massive $5 Billion Anchor Investment appeared first on Blockonomi.

Microsoft unveils $10B Japan AI investment plan. Sakura Internet shares jump 20% as MSFT partners with SoftBank for local AI infrastructure through 2029. The post Microsoft (MSFT) Commits $10B to Japan AI Infrastructure with SoftBank and Sakura Internet Partnership appeared first on Blockonomi.

Researchers at Google DeepMind have warned that the open internet can be used to manipulate autonomous AI agents and hijack their actions. The study titled “AI Agent Traps” comes as companies deploy AI agents for real-world tasks and attackers begin…

Google has introduced Gemma 4, a new family of open AI models designed for advanced reasoning and agentic workflows. We just released Gemma 4 — our most intelligent open models to date.Built from the same world-class research as Gemini 3, Gemma 4 brings breakthrough intelligence directly to your own hardware for advanced reasoning and agentic workflows.Released under a commercially… pic.twitter.com/W6Tvj9CuHW— Google (@Google) April 2, 2026 “Gemma 4 is our most intelligent open model to date, providing an unprecedented level of intelligence per parameter,” the statement reads. Since the launch of the first generation, developers have downloaded Gemma over 400 million times, creating more than 100,000 model variants within the Gemmaverse ecosystem. The latest version is built on the same research and technology as the Gemini 3 chatbot. Various Sizes The Gemma 4 neural network family includes four versions: Effective 2B (E2B), Effective 4B (E4B), 26B Mixture of Experts (MoE), and 31B Dense. The compact E2B and E4B, with 2.3 billion and 4.5 billion active parameters respectively, focus on multimodality, low latency, and seamless integration. They can be run on a smartphone or a regular laptop. The 26B MoE and flagship 31B (with 26 billion and 31 billion parameters) require a graphics accelerator like the Nvidia H100 with 80 GB of memory. These models are optimized for researchers and developers. The senior versions perform well in benchmarks. In the global Arena AI open text model rankings, the flagship 31B ranks third, while the 26B ranks sixth. According to developers, the new lineup surpasses competitors' models, which are 20 times larger. Source: Google. Key Features One of the main advantages of Gemma 4 is its advanced reasoning capabilities. The models can construct complex logic and plan multi-step tasks. They show significant progress in mathematics benchmarks and follow instructions accurately. Other features include: Agentic workflows — built-in support for function calls, structured output in JSON format, and system instructions allows for the creation of autonomous assistants that interact with tools and API; Code generation — Gemma 4 supports high-quality code writing offline, turning a workstation into a local AI assistant; Vision and audio — all models process video and images with variable resolution, recognize text, and analyze diagrams. E2B and E4B also support speech recognition and understanding; Extended context window — compact versions support 128,000 tokens, while larger ones support up to 256,000. This is sufficient for processing entire repositories or large documents in a single request; Multilingualism — the model family can work with more than 140 languages. Gemma 4 is already available in Google AI Studio and Google AI Edge Gallery. Integration is also supported by popular third-party tools and frameworks, including Hugging Face, vLLM, llama.cpp, MLX, Ollama, NVIDIA NIM, and LM Studio. The models can be customized via Google Colab, Vertex AI, or on local graphics cards. For production, deployment is available on Google Cloud, including Cloud Run, GKE, and Sovereign Cloud. Earlier in April, Google introduced a new AI model for video generation — Veo 3.1 Lite.

The Linux Foundation has established the x402 Foundation to steward an open protocol for seamless payments over HTTP. The Linux Foundation announced the launch of the x402 Foundation on April 2, 2026, during the MCP Dev Summit North America in New York. The initiative involves the formal contribution of the x402 protocol from Coinbase to […]

Telegram Wallet adds perpetual futures via Lighter, enabling 150M+ users to trade with 50x leverage on crypto, stocks, and commodities. US/UK excluded. The post Telegram Wallet Introduces Leveraged Trading for 150M Users via Lighter Integration appeared first on Blockonomi.

BNB plunges over 5% below $600 as oil hits $110 and Middle East tensions escalate. Critical support at $580 with potential decline to $520 ahead. The post BNB Crashes Below $600 as Middle East Turmoil Shakes Cryptocurrency Markets appeared first on Blockonomi.

Algorand price shot up 21% on Friday, April 3, becoming the top gainer of the day, bucking the relative stillness of the broader crypto market that has gone cold amid the escalating war situation in the Middle East. According to…

This paid press release was provided by MEXC and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Victoria, Seychelles, April 03, 2026 —MEXC, the world’s fastest-growing digital asset exchange and a pioneer in zero-fee trading, has announced a series of initiatives to integrate […]

Bittensor (TAO) price nearly doubled in March to $317, driven by Covenant-72B launch and Grayscale's TAO Trust filing. Market cap surpassed $3 billion. The post Bittensor (TAO) Price Surges 100% in March Following Major Network Developments appeared first on Blockonomi.

Bitcoin miner Riot Platforms sold a sizeable portion of its holdings in the first quarter, offloading 3,778 BTC as crypto firms navigated a tough market environment. According to its Thursday operational update, the company sold the Bitcoin at an average…

• #bitcoin

The US Commodity Futures Trading Commission (CFTC) has escalated a jurisdictional clash with state governments by filing lawsuits against three states in a bid to assert exclusive federal authority over prediction markets.  The litigation targets Arizona, Connecticut, and Illinois — and in Illinois’ case, specifically names Governor J.B. Pritzker — after those states took steps […]

According to analysts, BTC could drop to $10,000 in case of a complete blockage of the Strait of Hormuz or a full regional war.

• #bitcoin

Justin Sun announces TRX steps back as Huobi’s platform token. The move aims to let Huobi and HTX…

On April 2, the Uniswap (UNI) price plunged below its monthly low with 13% drop on a daily…

On Thursday, Zcash (ZEC) price plunged by over 4% on a daily chart, forcing its value to drop…

The Chainlink price is poised for another 10% drop before challenging the bottom support of $7.7. A Solana-based…

• #litecoin

Following the bearish sentiment in the market, Dogecoin (DOGE) and Shiba Inu (SHIB) prices plunged by over 2%…

The Solana price showcased a fresh bearish reversal from the resistance trendline of a long-coming channel pattern. On…

ALGO broke out of a descending pattern and surged 20% into a fourth straight daily gain. Price now…

Bittensor (TAO) price has dropped by over 4% on a daily chart following a downfall in the crypto…

SUI price is up by almost 1.2% in the last 24-hours. The network announced integration with Erebor Bank.…

Bitfinex's support for El Salvador's Bitcoin adoption highlights the need for broader institutional backing and regulatory clarity to drive market impact. The post Bitfinex backs El Salvador’s Bitcoin adoption, eyes on $100K by June 30: FT appeared first on Crypto Briefing.

• #bitcoin

January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.

Big Tech firms have come together to back a new industry body focused on standardizing how AI agents handle payments across crypto and traditional rails. The Linux Foundation on Thursday announced the launch of the x402 Foundation, a governance initiative…

ST Group will join the blockchain-based Lise exchange to fund industrial scaling and fulfill record order volumes. On April 2, 2026, Toulouse-based ST Group announced its upcoming listing on Lise, a specialized French stock exchange utilizing blockchain technology for Small and Medium Enterprises (SMEs). The subscription period for the aerospace component manufacturer begins on April […]

Benchmark initiates Buy rating on Cantor Equity Partners II (CEPT) with $16 target ahead of merger with Securitize, which controls 70% of US tokenization market. The post Cantor Equity Partners II (CEPT) Receives Bullish Analyst Rating Before Securitize Deal appeared first on Blockonomi.

Algorand (ALGO) surged 23% after Google's Quantum AI paper cited it 32 times. PostFinance and Revolut integrations add momentum to the rally. The post Algorand (ALGO) Rockets 23% After Google Quantum AI Research Highlights Token 32 Times appeared first on Blockonomi.

Tom Zschach, the chief innovation officer at SWIFT for the past six years, has announced his resignation.

The CFTC and DOJ filed lawsuits against Illinois, Connecticut, and Arizona over state attempts to regulate prediction markets like Kalshi and Polymarket. The post Federal Government Sues Three States Over Prediction Market Crackdowns appeared first on Blockonomi.

Bitcoin trades around $66,600 heading into Easter weekend. Stocks end 5-week decline as WTI crude surges 11% in largest single-day jump since 1983. The post Bitcoin (BTC) Dips Below $67K as Markets Enter Easter Break While Oil Hits 11% Single-Day Surge appeared first on Blockonomi.

• #bitcoin

United States President Donald Trump took credit for an unprecedented attack on the Ghadir Bridge, Iran’s largest bridge, as continued geopolitical tensions kept crypto markets suppressed. On April 2, Trump shared a video of part of the newly built 136-metre-high…

• #bitcoin

The legendary 1.1 million BTC stash belonging to pseudonymous creator Satoshi Nakamoto is facing a major quantum threat, according to Bloomberg.

• #bitcoin

Riot Platforms (RIOT) sold 3,778 BTC in Q1 2026 for $289.5M, exceeding production. Hash rate up 26% but stock slides on analyst downgrades. The post Riot Platforms (RIOT) Stock Drops After Massive Bitcoin Sale to Cover Operating Expenses appeared first on Blockonomi.

• #bitcoin

X introduces auto-lock security feature for first-time crypto posts to eliminate phishing scams where hackers hijack accounts to promote fraudulent tokens. The post X Introduces Automatic Account Locks to Combat Cryptocurrency Phishing Schemes appeared first on Blockonomi.

Solana (SOL) falls below $80 as geopolitical tensions escalate. With over $20M in liquidations and weakening technicals, $67 may be next. The post Solana (SOL) Plunges Under $80 Amid Rising Geopolitical Concerns appeared first on Blockonomi.

Coinbase, the largest crypto exchange in the US, has achieved a major milestone after securing a key approval from the main banking regulator, which could unlock a broader market for the company. Related Reading: Fed Governor Calls For Strong Stablecoin Oversight As CLARITY Act’s Final Text Gets Delayed Coinbase Wins Major OCC Approval On Thursday, […]

The company behind USDC, Circle, has unveiled a wrapped version of the original cryptocurrency — cirBTC.  Circle Wrapped Bitcoin is coming.Backed 1:1 by BTC and readily verifiable onchain, cirBTC is being built to work seamlessly with Circle infrastructure and the broader DeFi ecosystem.Learn more: https://t.co/wWzVBZdIz1 pic.twitter.com/Db5U3InaNA— Circle (@circle) April 2, 2026 The token will be backed by real bitcoins at a 1:1 ratio. Its aim is to enhance the functionality of digital gold. The issuer has opened registration for the waiting list.  “cirBTC is ideal for over-the-counter platforms, market makers, lending protocols, and anyone needing a neutral, secure, and high-performance tokenized bitcoin,” states the issuer's website. Circle will fully integrate cirBTC into its technology stack: Arc blockchain and the Circle Mint platform for issuing and redeeming stablecoins. Initially, the asset will launch on Arc and Ethereum. The wrapped bitcoin will be one of the few products from the company not linked to stablecoins. The issuer manages the income-generating tokenized money market fund USYC and, according to unofficial sources, is preparing a native token for the Arc network. Circle closed its previous bitcoin payment service — Circle Pay — in 2019, shifting its focus exclusively to stablecoins. There are several wrapped versions of bitcoin on the market. The largest remains WBTC from BitGo, with a capitalization exceeding $7.9 billion.  Source: CoinGecko.  In September 2024, a similar token was launched by the Coinbase exchange. The market value of cbBTC reached $5.9 billion, according to CoinGecko.  To stand out among competitors, Circle positions cirBTC as a “global institutional-grade standard.”  In recent weeks, the USDC issuer has faced criticism from community members. In March, on-chain detective ZachXBT accused the company of unjustly freezing 16 wallets.  In early April, the same researcher and other industry representatives were outraged by Circle's response to the Drift Protocol hack. The firm did not promptly block funds related to the attack, despite having all necessary tools.

• #bitcoin

Bitcoin (BTC) faces potential drop to $52,500 as negative gamma positioning, ETF outflows, and declining demand create precarious market conditions. The post Bitcoin (BTC) Faces Critical Test as Options Data Signals Potential Drop to $52K appeared first on Blockonomi.

• #bitcoin

Japanese and South Korean equities advanced on Friday after a late rebound on Wall Street, as traders bet that tensions in the Iran war may be edging closer to a managed outcome. Japan’s Nikkei 225 rose 1.4%, while South Korea’s…

Rising tensions and market skepticism highlight the potential for prolonged instability and the need for urgent diplomatic interventions. The post Ceasefire odds drop sharply amid US-Israel airstrikes and Iran threats: FT appeared first on Crypto Briefing.

Escalating tensions and market volatility highlight the fragile geopolitical landscape, complicating diplomatic efforts and economic stability. The post US-Iran ceasefire odds drop sharply amid airstrikes and threats: 2% for April 7 appeared first on Crypto Briefing.

Ethereum (ETH) price analysis: Trading at $2,056 after seven rejections at $2,150. $1B futures selloff and key support levels at $1,900, $1,736 in play. The post Ethereum (ETH) Faces Critical Test at $2,150 as Selling Pressure Mounts appeared first on Blockonomi.

Vitalik Buterin abandons cloud AI for local solutions, warning 15% of AI agent tools harbor malicious code. Learn how to protect your crypto data. The post Ethereum’s Vitalik Buterin Raises Alarm Over AI Privacy Threats in Crypto appeared first on Blockonomi.

XRP breaks $1.31 support with 4% decline. ETF outflows hit $3.6M, active addresses drop 42%, and bearish signals point to potential $1.05 target. The post XRP (XRP) Price Under Pressure as ETF Withdrawals and Network Activity Signal Bearish Trend appeared first on Blockonomi.

Circle (CRCL) launches cirBTC, a 1:1 Bitcoin-backed wrapped token for institutional users, entering a market dominated by WBTC and cbBTC. The post Circle (CRCL) Unveils cirBTC: A New Institutional Wrapped Bitcoin Token appeared first on Blockonomi.

• #bitcoin

Polymarket has partnered with oracle provider Pyth Network to launch traditional asset markets on its platform. According to an Apr. 2 announcement, the latest addition brings daily up-or-down and closing price contracts for major equity indexes, alongside commodities such as…

Another outflow from Riot Platforms has been spotted on the Bitcoin network, a sign that the mining company may be participating in further selling. Bitcoin Mining Company Riot Has Moved Another 500 BTC As shared by on-chain sleuth Lookonchain in an X post, Riot Platforms has made a transfer away from its Bitcoin wallet during […]

• #bitcoin

Openeden has launched HYBOND, a tokenized product offering onchain access to a BNY-managed high-yield bond strategy. The move expands institutional-grade fixed income options in the growing RWA market. BNY Strategy Goes Onchain Through Openeden Token Launch Openeden has introduced HYBOND, a new tokenized investment product that gives eligible investors onchain access to a high-yield bond […]

The legendary 1.1 million BTC stash belonging to pseudonymous creator Satoshi Nakamoto is facing a major quantum threat, according to Bloomberg.

Cryptoquant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.

• #bitcoin

Introduction: Beyond the Hype Web3 has been full of noise. Memes, big promises, and viral projects grab headlines. But . It will focus on real tools that solve everyday problems. No more empty hype. Instead, simple, working solutions for money, […] The post The Quiet Revolution: Web3’s Future Won’t Be Loud — It’ll Be Useful appeared first on Blockmanity.

OpenAI has acquired technology talk show TBPN as it looks to refine how it communicates with audiences beyond its core products. According to an Apr. 2 announcement, the deal brings the Los Angeles-based program under OpenAI’s umbrella. Financial terms of…

Chinese authorities seized over 127,000 Bitcoin — worth more than $15 billion — from the head of a massive crypto fraud network. That seizure, tied to Chen Zhi of Prince Group, was just the opening move. Now his right-hand man is in custody too. Related Reading: Crypto ATMs Face Ban In Massachusetts City Amid Scam […]

Stalled US-Iran talks heighten geopolitical tensions, diminishing hopes for a ceasefire and increasing the likelihood of military escalation. The post US informs Israel of deadlocked Iran negotiations, ceasefire odds plummet appeared first on Crypto Briefing.

Circle plans to launch its own version of wrapped Bitcoin on the Ethereum network to target institutional markets. In a Thursday announcement, stablecoin issuer Circle said it plans to introduce cirBTC, a token that is backed 1:1 by bitcoin and…

• #bitcoin

The end of the week is here again, which means another batch of crypto options contracts is expiring as spot markets continue to retreat again.

• #bitcoin

The National Football League (NFL) entered April without a single official sportsbook partner for the first time since 2021, as its trio of existing deals with Fanuel, Draftkings, and Caesars each expired at midnight on March 31 without renewal. The lapse coincides with a period when the league is facing scrutiny over in-game betting practices. […]

Circle, known for issuing stablecoins including USDC and EURC, is expanding into the Bitcoin space, targeting institutional users.

• #bitcoin

Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.

The IMF said tokenization could improve cross-border payments and financial inclusion in emerging economies but cited concerns over volatility and the “erosion of monetary sovereignty.”

The National Policy Committee of Korea pushed the “second‑phase” crypto act debate until after the June 3 local elections. Crypto Framework Postponed In A Time Of Need The Korean outlet Maeil Business Newspaper reported uncertainty in the crypto industry deepening after the National Policy Committee excluded the Framework Act on Digital Assets from the 31st […]

The escalating US-Iran tensions and military actions suggest prolonged instability, impacting global markets and diplomatic relations. The post Ceasefire odds plummet amid ongoing US-Iran tensions and military escalation: FT appeared first on Crypto Briefing.

The prolonged conflict and low ceasefire odds suggest escalating regional instability and potential for broader geopolitical tensions. The post Ceasefire odds drop to 1.8% as Iran continues missile attacks on Israel appeared first on Crypto Briefing.

Potential US special forces deployment in Iran could escalate tensions, impacting global markets and diplomatic relations significantly. The post Trump weighs sending US special forces to seize Iran’s uranium stockpiles appeared first on Crypto Briefing.

Potential US ground operations in Iran could escalate conflict dynamics, impacting geopolitical stability and market speculation significantly. The post Trump weighs sending US special forces to Iran as April 30 odds rise to 66% appeared first on Crypto Briefing.