The Japanese government passed an amendment to the Financial Instruments and Exchange Act on Friday, officially reclassifying crypto assets as financial instruments. Summary The Japanese government officially reclassified cryptocurrency as a financial instrument on Friday through an amendment to the Financial Instruments and Exchange Act. New regulations reported by Nikkei now prohibit insider trading and
Galaxy Digital has been named an approved validator for BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), the firm’s first crypto exchange-traded product designed to generate staking rewards, according to a Thursday press release. Launched last month, ETHB is expected to follow in the footsteps of BlackRock’s Bitcoin ETF, which has grown into a top-performing digital
Another Friday is upon us again, which means another batch of Bitcoin options are expiring as the asset holds ground above $70,000. Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry,
Render price is up 3.55% on April 9 as a W pattern develops across the daily chart, with the Supertrend flipping green and the MACD histogram turning positive for the first time in months. The $2.646 resistance is the pattern confirmation trigger and the immediate bull case target. Summary Render price is trading at $2.071
TAO, the native token of Bittensor, dropped by double digits on Thursday after Covenant AI announced its departure from the decentralized network due to concerns over centralized control and governance. CoinGecko data shows that TAO dropped over 15% from around $337 to $284 following Covenant AI’s announcement. The token was trading at $292 at press
After recovering most assets, Bithumb is now pursuing court action against a small group of users who continue to resist repayment. South Korean cryptocurrency exchange Bithumb has moved to secure court approval to freeze 7 BTC that remain unreturned following a payout error earlier this year. The dispute escalated after a small number of
AAVE price is holding just below $100 on April 9, a level that has shifted from multi-week support to confirmed resistance following this week’s sharp breakdown. With the 4H Supertrend red and the MACD histogram printing at a deeply negative 0.85, the next meaningful floor sits at $77.97. Summary AAVE price is trading at $91.02
Imagine walking into a casino, placing a single chip on a roulette number, and winning. Now imagine the wheel has 100,000 slots. That’s roughly what a solo Bitcoin miner just pulled off. On April 9, a lone miner using just 70 terahashes per second of computing power solved block 944,306, pocketing 3.128 BTC, worth approximately
The USPS crisis reached Congress in mid-March when Postmaster General David Steiner testified before the House Oversight Subcommittee on Government Operations that the agency will run out of cash in less than 12 months at its current rate and may be forced to stop delivering mail. Summary Steiner told lawmakers directly: “At our current rate,
Bitcoin pushed above $72K this week, notching an 8% gain over seven days. Normally, that kind of move would have the market doing a victory lap. Instead, the vibe is something closer to a horror movie where the characters celebrate too early. One anonymous whale just placed an $80 million bet that this rally is