Crypto

The CFTC’s task force includes five members with legal and crypto backgrounds to help "clear rules of the road for American innovators." The US Commodity Futures Trading Commission has unveiled the first members of its new innovation task force as the agency continues its push to provide greater clarity for the crypto market. The Innovation Task Force was initially launched by CFTC Chairman Mike Selig on March 24, who appointed Michael Passalacqua as the leader of the group. Passalacqua is currently the senior advisor to Selig at the CFTC. In an announcement Friday, the CFTC said that Passalacqua will be joined by a list of five initial members including Hank Balaban, a former Latham & Watkins crypto lawyer; Sam Canavos, an ex-Patomak crypto and prediction markets advisor; Mark Fajfar, a CFTC legal veteran; Eugene Gonzalez IV, an ex-Sidley blockchain lawyer; and Dina Moussa, a CFTC Market Participants Division special counsel. Read more

The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.

Judge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily.

Solana Price: Analysts Eye 60% Correction to $52 The post Solana Price Has Repeated the Same Bearish Pattern Twice Already — Is a Drop to $52 Next? appeared first on Cryptonews.

Alex Thorn, an executive at crypto investment firm Galaxy, said it is monitoring onchain activity for signs of an oil tanker fee paid in BTC. The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes.  The reactions were sparked by a Financial Times report, published on Wednesday, which said that the Iranian government was considering BTC payments for oil tolls to avoid sanctions imposed by the United States. Several conflicting reports have been published since the Financial Times article, which suggest that the tolls are payable in stablecoins or Chinese yuan, according to Alex Thorn, the head of firmwide research at crypto investment firm Galaxy.  Read more

A crucial crossover shows Bitcoin entering a transition phase, where weaker hands exit and price struggles before building a long-term bottom.

A new free-to-play web game based on an arcade classic will give you the chance to earn real Bitcoin—but it won't be easy.

The 10-day lunar flyby mission is expected to end in a splashdown landing in the Pacific Ocean on Friday evening. Users on the prediction markets platform Kalshi are using the platform’s event contracts to bet on the aftermath of the Artemis II mission, NASA’s first manned spacecraft to the Moon in more than 50 years. As of Friday, several event contracts related to a Moon landing were available on the Kalshi and Polymarket platforms, but many users were taking positions on what would be said at NASA’s news conference following the splashdown. With just over $4,000 in volume on the event contracts, Kalshi users anticipate that NASA officials will mention the words “president” or “prime minister,” “radiation,” and “damage” in connection with the Moon mission. Read more

CoreWeave said the agreement means it now serves nine of the 10 major developers of large language models for artificial intelligence. CoreWeave, a publicly traded AI cloud infrastructure company, announced on Friday a “multi-year” agreement with AI developer Anthropic, which will use CoreWeave’s cloud computing data centers for its Claude AI model workloads. The agreement will be rolled out in phases, with the “potential to expand over time,” according to CoreWeave’s announcement.  Shares of CoreWeave surged more than 12% on Friday and are trading at $102.73 at the time of writing.   Read more

Record Ethereum activity signals strong network engagement, but the price is yet to catch up.

Iran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes. Bitcoin is emerging as a potential component in the fragile ceasefire that is taking shape between the United States and Iran after a 39-day conflict disrupted the region and forced the closure of the Strait of Hormuz. Tehran is unlikely to relinquish its grip on the narrow trade artery that handles roughly 20% of global crude oil flows. Instead, it plans to manage transit alongside Oman, collecting tolls from vessels seeking safe passage. And that’s where Bitcoin (BTC) comes into play. Those payments may not be limited to traditional currencies. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, told the Financial Times that certain ships could be required to pay in BTC for safe passage of their oil cargo. Read more

Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April. Bitcoin (BTC) extended its bullish run into the Wall Street open on Friday, rallying above $73,000. Traders now eye a move back toward $80,000 by the end of April, as several indicators point to bulls retaking control of the crypto market. On Tuesday, Bitcoin invalidated what initially appeared to be a bear pennant on the daily chart. Related: Old Bitcoin whales sold $271M in BTC: Is crypto rally at stake?  Read more

Police say a 20-year-old man also threatened to burn down OpenAI’s headquarters shortly after the incident.

World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a massive tranche of its WLFI tokens after a nearly two-year holding period. The impending release will likely target a portion of the remaining 80% of public investors' allocations to the project. According to Tokenomist data, this translates […] The post Trump’s World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming appeared first on CryptoSlate.

The public statement came about three months after the CEO said Coinbase could not support the crypto bill “as written“ before a crucial committee vote. Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for the legislation to pass after months of delays. In a Thursday X post, Armstrong said that Coinbase agreed with comments from US Treasury Secretary Scott Bessent in a recent Wall Street Journal op-ed, in which he urged Congress to act on the crypto bill soon. According to the CEO, the current version of the legislation, after months of negotiations between lawmakers and representatives from the crypto and banking industries, was a “strong bill.” “It's time to pass the Clarity Act,” said Armstrong. Read more

AI usage among Gen Z is up, but excitement over the technology is way down—so are feelings of “hopefulness.”

Bitcoin bulls spent the week stampeding toward a critical overhead resistance level, which, if breached, could restart the bull market in BTC and altcoins. Key points: Buyers are attempting to push Bitcoin toward the $76,000 level but are facing significant selling from the bears. Several major altcoins are likely to pick up momentum if they break above their overhead resistance levels. Read more

"Understand what you're buying and understand that this is not the stock market," he urged.

Bitget's new IPO Prime platform debuts with a Republic-issued token offering exposure to SpaceX's eventual public market performance.

CIA leadership confirmed the agency used AI to generate its first-ever autonomous intelligence report—and expect to use full AI agent teams.