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Caitlin Long slams US Fed over stablecoin policy favoring big banks


Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.In an April 27 thread on X, Long explained that while the Fed recently...

Bitcoin upside could stop at $100K despite $3B in ETF inflows


Key points:High Bitcoin ETF inflows don't always signal a price top as historical data is mixed. Spot Bitcoin inflows often precede short-term price rises, not reversals.Bitcoin may hit $100K but faces resistance.Bitcoin’s (BTC) price recovery may be stalled at $100,000 as questions emerge...

Nexo back in the United States as Trump Jr. attends exclusive event


Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges.According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said that he thinks “crypto is the future of finance,”...

Melania memecoin team sells $1.5M tokens as price pumps 21%


The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million of tokens over the past three days, suggesting a programmatic selling strategy that may add downside pressure to the token.The team behind the Melania memecoin sold another $930,000 worth of tokens on April...

Coinbase presses to axe rule banning SEC staff from holding crypto


Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto.SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters...

Trump-backed World Liberty Financial partners with Pakistan Crypto Council


The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets.Under the partnership, World Liberty will help the Council launch...

China-based Huawei to test AI chip aiming to rival Nvidia: Report


Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia.The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated...

Bitget takes legal action on alleged VOXEL futures price manipulation


Crypto exchange Bitget says it is issuing legal letters to account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million...

Nike sued for $5 million over its shutdown of NFT platform RTFKT


Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court...

Researcher proposes scaling Ethereum gas limit by 100x over 4 years


The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist.Feist, who had the blockchain’s “danksharding” data storage...

New Bitcoin price all-time highs could occur in May — Here is why


Key takeaways:Heavy liquidations played a role in Bitcoin’s return to $95,000.Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above...

Many Physical Switch 2 Games Don't Contain The Game At All


As pre-orders for the Switch 2 went live earlier this week, we started to learn more about many of the launch and post-launch games that will be available for Nintendo’s next big console. And it turns out that a lot of physical Switch 2 games are “Game Key Card” carts which, rather than actually...

Switch 2 Pre-Orders Are Popping Up On Ebay Already


Just an hour after Switch 2 pre-orders went live on April 24 in the United States, Kotaku has spotted over two dozen eBay listings for the upcoming Nintendo console. Some are real. Others are actually people making fake listings to throw off bots and scalpers. Read more

Switch 2 Preorders Are Live And Pure Chaos


Switch 2 preorders went live online at 12:01 a.m. ET and were every bit the mess some fans feared: pages timing out, error messages that weren’t real, and email cancelations being received just moments after it seemed like orders had gone through. There must be a better way to do these. Not in time...

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