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The past few months have been difficult for the Ethereum ecosystem, with ether (ETH) falling to levels not seen since 2020. ETH is significantly underperforming compared to bitcoin (BTC) and some major cap altcoins. Worse still, the bleeding does not appear to be stopping soon. According to a report by the market analytics platform CryptoQuant,…

Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm. “Broader economic uncertainty and lingering aftershocks from the…

Two Democratic legislators have requested the U.S. Securities and Exchange Commission (SEC) to preserve and disclose records related to World Liberty Financial (WLFI). In an April 2 letter, Senator Elizabeth Warren and Representative Maxine Waters raised concerns about potential conflicts of interest arising from the Trump family’s involvement in the project. Concerns Over Trump Family’s…

Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Bitcoin gives early April gains as stocks plummet Data from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTC/USD since the start of…

Since United States President Donald Trump took over the White House, the crypto market has mostly underperformed, with bitcoin (BTC) reacting negatively to most policy changes. The latest policy change—the confirmation of reciprocal tariffs on global trades—has triggered a market-wide reaction, with participants wondering if this is a desired effect. The on-chain analytics platform Santiment…

Lawmakers in the US state of Minnesota and Alabama have filed companion bills to identical existing bills that will allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946, was introduced to the state’s House by Republican Representative Bernie Perryman on April 1, following an identical bill introduced on March 17 by…

Ye Zhang, co-founder of Layer 2 smart contract platform Scroll, has sharply criticized proposals to impose fees on Ethereum Layer 2 solutions. In a series of tweets on X, the exec called “tarriffing Layer 2s” “one of the most toxic ideas” for the blockchain’s future. Ye Zhang Opposes L2 Fees Zhang argued that such a…

Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties. Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August…

VanEck, a prominent American investment management firm, is set to launch the first Binance Coin (BNB) exchange-traded fund (ETF) in the United States. On March 31st, the firm filed to establish a trust entity in Delaware under filing number 10148820, as confirmed by public records on the state’s official website. This development serves as a…

Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors. The company announced the public release of Open Deep Search (ODS) on April 2, describing it as a high-performance, developer-friendly alternative to platforms like Perplexity AI and OpenAI’s GPT-4o.…