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Author: James Wilson
Bitcoin’s selling pressure has fallen sharply, suggesting a period of consolidation through April and May. On a Apr. 1 post on X, CryptoQuant analyst Axel Adler Jr. noted that daily selling volume on major exchanges has dropped from 81,000 Bitcoin (BTC) to 29,000 BTC. Following this decline, the asset may enter a supply shortage phase with less sellers and consistent demand, setting the stage for the next Bitcoin price movement. The average selling pressure on top exchanges has dropped from 81K to 29K BTC per day.Welcome to the zone of asymmetric demand.The market has successfully absorbed waves of profit-taking following…
The Trump family has allegedly taken control of World Liberty Financial, gaining a large share of the platform’s revenue from token sales and future fees. According to a review of changes on the company’s website reported by Reuters on Mar. 31, two of the project’s co-founders, Zak Folkman and Chase Herro, were replaced by an organization in which the Trump family owns a majority stake. The Trump family’s company, DT Marks DeFi LLC, gained majority control of the platform in January 2025 by acquiring a 60% share through a new holding company, WLF Holdco LLC. These previously unreported changes mark…
Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers. Vanuatu has finalized its crypto regulation and licensing framework, which has been in development since 2020. On March 26, Vanuatu’s Parliament passed the Virtual Asset Service Provider Act, endowing the Vanuatu Financial Services Commission with the authority to issue licenses and regulate the crypto industry, as originally reported by Finance Magnates. According to the bill, the VFSC may issue licenses to exchanges, NFT marketplaces, and custody providers. It also permits banks to obtain licenses for offering…
The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier. Crypto hacks in the first quarter of 2025 resulted in more than $1.6 billion in losses, making it the worst quarter for crypto security breaches to date, per data from Immunefi’s latest research report. Data from PeckShield also shows that crypto losses from hacks in Q1 more than doubled from $706 million in Q1 2024. #PeckShieldAlert Q1 2025 witnessed 60+ crypto hacks, resulting in total losses of $1.63B, a YoY increase of 131% compared to…
Kentucky has dropped its lawsuit against Coinbase over staking services, becoming the third U.S. state to roll back legal action against the exchange in recent months. On March 31, the Kentucky Department of Financial Institutions filed a joint stipulation of dismissal, officially ending its case that accused Coinbase of offering unregistered securities through its staking program. Following the move, Coinbase Chief Legal Officer Paul Grewal took to X, calling for federal clarity. “Congress needs to end this litigation-driven, state-by-state approach with a federal market structure law ASAP,” he wrote. Kentucky’s exit follows similar dismissals by Vermont and South Carolina. Vermont…
REZ crypto surged by as much as 38% today, ahead of its upcoming listing on South Korea’s Bithumb exchange. According to crypto.news data, Renzo (REZ) hit an intraday high of $0.022 on April 1, lifting its market cap to nearly $43 million. While the token was rallying, its daily trading volume dipped 17% to around $114 million, showing signs of trading activity cooling off after the initial hype. The pump came shortly after Bithumb announced it would be listing REZ on its Korean Won market. Trading is scheduled to go live at 4:00 PM KST on Tuesday, April 1, 2025.…
Tether, the issuer behind the USDT stablecoin, has continued its Bitcoin investment strategy, purchasing an additional 8,888 BTC on the last day of Q1 2025. The latest acquisition, which cost $735 million, expands Tether’s (USDT) total Bitcoin (BTC) holdings to 100,521 BTC, or roughly $8.29 billion, according to data from Arkham Intelligence. The acquisition is part of Tether’s ongoing strategy to bolster its reserves by allocating 15% of its profits to Bitcoin purchases, a commitment the company made in May 2023. Among the company’s other on-chain assets are $5.16 billion in USDT, $215.85 million in XAUT, and $46.17 million in…
Privacy-focused infrastructure provider 0xbow has launched Privacy Pools, a new blockchain tool that lets users protect their transaction history while attempting to follow the law. On a Mar. 31 post on X, 0xbow announced the mainnet launch, stating that Ethereum (ETH) users can now achieve on-chain privacy while avoiding illicit funds. Privacy Pools use zero-knowledge proofs to enable private ERC-20 token transfers. gm Ethereum ☀️It is our great honor to announce the mainnet launch of Privacy Pools!ETH users can now achieve on-chain privacy, while still dissociating from illicit fundsIt is now up to all of us to Make Privacy Normal…
After losing its entire total value locked to an exploit, decentralized finance protocol SIR.trading has offered the attacker a $100K bounty to return the remaining funds. On March 31, Xatarrer, the anonymous creator behind the Ethereum-based platform, made a direct on-chain plea to the hacker. In the message, they asked the attacker to keep $100,000, which accounts for roughly 28% of the stolen funds, as a “fair share” for finding a critical vulnerability, vowing that no legal action would be pursued if the remaining funds were returned. Xatarrer said the project was built from scratch over four years with late-night…
Binance founder CZ has hiked the fee for messaging him on ReachMe, a paid chat platform he recently adopted, after being flooded with messages. On Mar. 27, CZ shared an update on X about his experience with ReachMe, a platform that helps influencers monetize direct messages. Initially setting the fee at 0.04 Binance Coin (BNB), about $24 per message, he was quickly overwhelmed with spam and irrelevant questions. Raising the price to 0.1 BNB ($60) still didn’t deter the flood of messages, leading him to set the fee at the current 0.2 BNB ($120) per message. CZ claims that his…