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Bittensor (TAO) Soars 10% amid Grave Scam Allegations: Analyst Sees $1,330 While the TAO token has jumped nearly 10% in the past 24 hours, tapping a high of $259.68 and now trading around $254.86, it’s doing so under a darkening cloud of controversy. Despite facing a searing takedown from crypto analyst Thinking Weird, who calls Bittensor a “scam” with deeply flawed tokenomics and centralized control, the token has defied gravity. https://www.coinspeaker.com/bittensor-tao-soars-10-amid-grave-scam-allegations-analyst-sees-1330/
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Russia Eyes National Stablecoin After US Freezes Garantex-Linked Wallets A senior Russian finance official has called for the development of a national stablecoin following the US government’s freeze of wallets linked to the sanctioned crypto exchange Garantex. The move, which also involved stablecoin issuer Tether, has sparked renewed concerns in Moscow over the vulnerability of relying on foreign-backed digital assets. The push for a Russian stablecoin comes amid a surge in global stablecoin usage. According to a joint study by Artemis and Dune, active stablecoin wallets rose by over 50% year-over-year, with total market capitalization surpassing $200 billion in early 2025. https://99bitcoins.com/news/russia-eyes-national-stablecoin-after-us-freezes-garantex-linked-wallets/
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OKX crypto exchange targets American customers with new San Jose regional HQ Seychelles-based OKX cryptocurrency exchange announced on Wednesday that it is officially launching in the United States (US). The third leading spot exchange platform with a daily traded volume above $2.4 billion will establish a regional headquarters in San Jose, California, to spearhead the rollout of its platform and the native OKX Wallet. https://www.fxstreet.com/cryptocurrencies/news/okx-crypto-exchange-targets-american-customers-with-new-san-jose-regional-hq-202504160711
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nice
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Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April Back in 2024, the Dogecoin price trended low for a significant amount of time, shattering expectations of a rally. However, with the year drawing to a close, the tides began to change and the meme coin saw its value rising. One crypto analyst that predicted the rise is World of Charts, who took to X (formerly Twitter), to share with their over 30,000 followers the formation of a falling wedge pattern and the eventual breakout that would lead to new yearly peaks. https://www.newsbtc.com/news/dogecoin/dogecoin-price-rally-300/
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wow, great!
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US SEC drops lawsuit against Nova Labs: HNT, IOT, and MOBILE rallies more than 50% in the last 7 days Nova Labs, the founding team behind Helium (HNT), confirms that the US Securities and Exchange Commission (SEC) has dropped its suit against the firm, which still has to pay $200,000 to settle the SEC’s civil securities fraud charge. This announcement suggests a bullish picture for all compatible Helium hotspots and the distribution of HNT, Helium IOT (IOT), and Helium Mobile (MOBILE) tokens, which have rallied more than 50% in the last seven days. https://www.fxstreet.com/cryptocurrencies/news/us-sec-drops-lawsuit-against-nova-labs-hnt-iot-and-mobile-rallies-more-than-50-in-the-last-7-days-202504140738
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'Clean Cloud Act' draft bill requires crypto miners to cut emissions or face fines A draft bill dubbed the "Clean Cloud Act of 2025" introduced to the U.S. Senate by Democratic Senators Sheldon Whitehouse and John Fetterman seeks to curb emissions from crypto mining facilities and AI data centers, with the eventual goal of fining any facility using non-renewable energy sources by 2035. The draft bill would amend the Clean Air Act to require data centers with more than 100 kW of energy capacity to meet emissions caps that vary by region, as laid out in the Department of Energy's National Transmission Needs Study. https://www.theblock.co/post/350649/clean-cloud-act-draft-bill-requires-crypto-miners-to-cut-emissions-or-face-fines
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Bitcoin Realized Loss Suggests Early Signs Of Seller Exhaustion, Glassnode Says In a new post on X, Glassnode has talked about how the Bitcoin capitulation has looked during the latest price drawdown. The on-chain indicator of relevance here is the “Realized Loss,” which measures, as its name suggests, the total amount of loss that the investors on the Bitcoin network as a whole are ‘realizing.’ The metric works by going through the transaction history of each coin being moved or sold on the blockchain to see what price it was transacted at prior to this. If the previous selling price is more than the current spot price for any coin, then its sale is said to be contributing to loss realization. https://bitcoinist.com/bitcoin-realized-loss-seller-exhaustion-glassnode/
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BNB Chain testnet implements Lorentz hard fork ahead of mainnet upgrade BNB Chain, a blockchain created by Binance, the leading cryptocurrency exchange by daily traded volume, has successfully implemented the Lorentz hard fork upgrade on its test networks, marking significant milestones in its efforts to improve network performance. The platform said that the opBNB and BSC testnets upgrades are not “just technical milestones – they’re about giving builders, validators and users a more responsive chain.” BNB Chain leaps toward faster block times The Lorentz hard fork upgrade, finalized on the opBNB and BSC testnets on Thursday, reduced block times to 0.5 seconds and 1.5 seconds, achieving faster transaction confirmations while improving network efficiency. https://www.fxstreet.com/cryptocurrencies/news/bnb-chain-testnet-implements-lorentz-hard-fork-ahead-of-mainnet-upgrade-202504110749
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Crypto stocks see big gains alongside US stock market rebound Crypto stocks have surged as part of a broader recovery in the US stock market on April 9 following President Donald Trump’s 90-day pause on sweeping global tariffs. The Wednesday, April 9 trading day closed with Michael Saylor’s Strategy up 24.76% to $296.86, while crypto exchange Coinbase (COIN) closed up 17% to $177.09, according to Google Finance data. Crypto mining companies also saw gains, with MARA Holdings (MARA) up 17%, Cipher Platforms (CIFR) up 16.59%, and Riot Platforms (RIOT) rising 12.77%. https://cointelegraph.com/news/crypto-stocks-big-gains-us-stock-market-rebound
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Anthony Scaramucci Rode His BTC Boat Through Choppy Waters Of 2022 Bear Market: 'Didn't Sell Any Bitcoin There, And I Was Rewarded' Anthony Scaramucci, founder and managing partner of SkyBridge Capital, reflected on his unwavering faith in Bitcoin on Tuesday despite being mocked for it in the past. What Happened: During an interview with journalist and author Katty Kay, Scaramucci talked about a bobblehead made by his staff, depicting him sinking in a Bitcoin boat. This was a reference to a picture featured in a New York Post’s three-year-old piece about Scaramucci’s Bitcoin conviction despite pressures faced by his flagship SkyBridge fund. The cartoon showed Scaramucci sinking his Bitcoin-laden boat, labeled “S.S. Mooch,” in water. https://www.benzinga.com/25/04/44705594/anthony-scaramucci-reminisces-bitcoin-conviction-amidst-market-slump
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Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record On-chain data shows the Bitcoin Hashrate has shot up to a new all-time high (ATH), despite the fact that BTC has continued its bearish trajectory. The “Hashrate” refers to a metric that keeps track of the total amount of computing power that the miners as a whole have currently connected to the Bitcoin blockchain. When the value of this metric goes up, it means new miners are joining the network and/or old ones are expanding their facilities. Such a trend implies the chain is looking attractive to these chain validators. https://bitcoinist.com/bitcoin-miners-unfazed-by-crash-hashrate-new-record/
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Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. Cryptocurrency is being acknowledged and integrated into the international legal and economic system. The National High Court of Brazil (STJ) issued a landmark decision establishing that crypto could be seized as payment for outstanding debts. The case, which has now put the digital assets system in the sights of the judicial system, enables a new set of opportunities to redeem debts from actors that have not used the traditional finance system for storing funds. https://news.bitcoin.com/historic-cryptocurrency-assets-are-now-legally-seizable-in-brazil/
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Billionaire investor would ‘not be surprised’ if Trump postpones tariffs Bill Ackman, who backed the crypto industry in the wake of the FTX collapse, is now forecasting that Trump may postpone the tariffs to give himself room to "make deals." Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7. “One would have to imagine that President Donald Trump's phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect,” Ackman, founder of Pershing Square Capital Management, said in an April 5 X post. https://cointelegraph.com/news/billionaire-investor-bill-ackman-predicts-us-president-donald-trump-postpone-tariffs
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SpacePay’s Competitive Edge: How Its Features Compare to Traditional Payment Processors as Presale Reaches $1M Payment processing remains a necessary expense for businesses, but the costs and limitations of traditional systems have changed little despite technological advances. While merchants typically pay 2.5-3.5% on every card transaction and wait days for settlements, SpacePay offers an alternative approach through its crypto payment platform. As the project has reached $1 million in presale funding with tokens at $0.003181, many are examining how its features compare to established payment processors. https://99bitcoins.com/news/spacepays-competitive-edge-how-its-features-compare-to-traditional-payment-processors-as-presale-reaches-1m/
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Penguin Island Tariff: Has Trump’s Trade War Gone Too Far? The Trump administration rolled out sweeping tariffs this week, taking aim at targets at a Penguin Island tariff, a territory only inhabited by animals. Times are tough as Trump’s trade war expand to this, eh? More specifically known as the Heard and McDonald Islands, this desolate, ice-covered patch of wilderness 4,000 kilometers off Australia is suddenly part of a global trade shakedown. The move leaves many wondering about its strategy, impact, and global reaction. https://99bitcoins.com/news/penguin-island-tariff-has-trumps-trade-war-gone-too-far/
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Binance Skips Pi Network Listing Again amid Heavy Token Sell-offs The selected tokens, VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME, will undergo a final review process that considers community votes and factors like trading demand, compliance, and risk assessments. Pi Network was also excluded from Binance’s first Vote to List event in March. The exchange has since clarified that it will only consider BNB-based projects for the initiative, effectively ruling out Pi Network from participation. This has put an end to a possible listing via the new program. However, the Pi community members are still hopeful that the 26th largest digital asset could see a direct Binance listing in the near future. https://www.coinspeaker.com/binance-skips-pi-network-listing/
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Tokenized Stocks Are Sleeping Mammoth: Is ONDO Crypto The Best HODL This Decade? Tokenized stocks are a sleeping giant industry in finance, and has the potential to reshape investment systems. They bridge traditional finance and Web3, and are now gaining traction, as seen with ONDO crypto. The tokenized stocks market are positioning themself as attractive crypto investments, while industry leaders predict tokenized stocks to surpass stablecoins in impact. The concept of tokenized stocks involves representing traditional assets like equities on a blockchain, enabling fractional ownership, 24/7 trading, and global access. It is predicted that tokenized equities will pocket stablecoins, unlocking liquidity and democratize access to high-value assets. They are expected to grow rapidly in the coming years. https://99bitcoins.com/news/tokenized-stocks-are-sleeping-mammoth-is-ondo-crypto-the-best-hodl-this-decade/
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Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million Key Notes - According to ZachXBT, one single theft of 400 BTC worth $34.9 million, was the biggest in the phishing scam. Fraud tactics like address poisoning and wallet spoofing continue to exploit users, with Coinbase remaining the most impersonated crypto brand. - Coinbase advises users to enable two-factor authentication, use a dedicated email, and store funds in Coinbase vaults. Blackchain sleuth ZachXBT has recently reported that users of crypto exchange Coinbase have collectively lost over $46 million just over the past two weeks to suspected phishing scams. https://www.coinspeaker.com/coinbase-victim-of-phishing-scam/
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