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Genius Group Vows to Defy 'Fraudsters and Market Manipulators' Amidst Legal Ban on Bitcoin Treasury
AI-powered education group Genius Group has revealed that it is being compelled to sell off its Bitcoin reserves following a restriction imposed by the US District Court (Southern District of New York), which prevents the company from raising money, issuing stock, or investing investor funds in BTC. Its chief exec now claims that court orders…
Read MoreExtsy Officially Launches on April 4th, 2025: A New Era of Seamless Crypto Trading with Industry-Leading Features
[PRESS RELEASE – London, United Kingdom, April 4th, 2025] Extsy, the cutting-edge cryptocurrency exchange platform, is set to transform the crypto trading experience with its official launch today. With an innovative approach to simplifying crypto trading, instant asset swaps, low fees, and user-focused features, Extsy is set to disrupt the market and aims to become…
Read MoreHere's Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant
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,…
Read MoreDeFi TVL falls 27% while AI, social apps surge in Q1: DappRadar
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…
Read MoreLawmakers Urge SEC to Preserve Records on Trump-Linked Crypto Firm
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…
Read MoreBitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash
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…
Read MoreAre Trump's Tariffs Impacting Cryptocurrencies as Expected? Santiment Weighs In
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…
Read MoreAlabama, Minnesota lawmakers join US states pushing for Bitcoin reserves
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…
Read MoreImposing Tariffs on Ethereum Layer 2 Solutions Is 'Toxic' for Growth, Says Scroll Exec
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…
Read MoreFormer New York governor advised OKX over $505M federal probe: Report
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…
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