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news-imageApril 2, 2025

Binance April Fools' Scandal Sparks Market Chaos: ACT Drops 63% Amid Liquidations

The impact of the April Fool's Binance scandal has continued to unfold amid market confusion and heavy liquidations. In the past 24 hours, Act I The AI Prophecy (ACT) price has dropped over 63 percent to trade at about $0.06987 on Wednesday, during the early Western financial markets.
Publisher: CoinPedia
Sentiment: Negative
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Negative
cover-imageCoinPedia
April 3, 2025

Crypto Liquidations: $500M Wiped Out as Trump Tariffs Shake the Market

In the past day, the cryptocurrency market experienced significant volatility, leading to widespread liquidations of both short and long positions. This turmoil was primarily triggered by President Donald Trump's announcement of new tariffs, which injected uncertainty into global markets, including cryptocurrencies.

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Positive
cover-imageBitcoin
April 3, 2025

Kazakhstan, UAE Seek to Boost Digital Asset Cooperation

Kazakhstan's financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan's financial sector recently visited the United Arab Emirates (UAE) to strengthen collaboration in digital assets and blockchain technology.

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Negative
cover-imageCoinPedia
April 3, 2025

Why Crypto Market Is Down Today? Expert Insights on Market Volatility

The crypto market experienced heightened volatility in the past 24 hours, triggering significant liquidations. The total crypto market cap slipped 2% to hover about $2.68 trillion on Thursday, April 3, during the mid-Eastern financial market trading session.

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Positive
cover-imageTokenpost
April 3, 2025

Kraken Secures Restricted Dealer Status in Canada, Expands Crypto Services

Kraken, one of the leading global cryptocurrency exchanges, has officially registered as a restricted dealer in Canada. This move enables the platform to continue offering crypto trading services to Canadian users under the countrys evolving regulatory landscape.

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Positive
cover-imageTokenpost
April 3, 2025

DTCC Unveils Blockchain Platform for Real-Time Tokenized Collateral Management

The Depository Trust and Clearing Corporation (DTCC), the worlds largest securities settlement system, is advancing into crypto with a new blockchain-powered platform for tokenized collateral management. The platform aims to streamline outdated collateral systems by leveraging smart contracts and real-time blockchain infrastructure.

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Positive
cover-imageBitcoin
April 3, 2025

Blackrock Wins UK Crypto Approval With Razor-Sharp Focus on Institutional Play

Blackrock's FCA approval to support a crypto ETP marks a breakthrough for institutional adoption in the UK, unlocking new pathways into regulated digital asset exposure. UK's FCA Clears Blackrock as Arranger for Crypto ETP, Marking Major Institutional Shift Blackrock International Ltd.

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Negative
cover-imageCointelegraph
April 3, 2025

‘National emergency' as Trump's tariffs dent crypto prices

Crypto markets dipped after US President Donald Trump's declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%.

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Negative
cover-imageCointelegraph
April 2, 2025

Former 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 2021 when he resigned as New York overnor, Bloomberg reported on April 2, citing people familiar with the matter. “He spoke with company executives regularly and counseled them on how to respond to the criminal investigation,” Bloomberg said.

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Negative
cover-imageCryptonews
April 2, 2025

Binance Leverage Adjustment Triggers ACT Sell-Off; Project Dismisses Issues

ACT's token value dropped 58% following Binance's leverage adjustment, with cascading liquidations accelerating the decline. The ACT team dismissed any flaws in the project, pointing instead to market triggers. The post Binance Leverage Adjustment Triggers ACT Sell-Off; Project Dismisses Issues appeared first on Cryptonews.

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Positive
cover-imagePYMNTS
April 2, 2025

Fidelity Launches IRA That Allows Direct Investments in Crypto

Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital assets without directly investing in them, CoinDesk reported Wednesday.

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Negative
cover-imageCointelegraph
April 2, 2025

US lawmakers press SEC for info about Trump family-backed crypto firm

Two Democratic lawmakers in the US Senate and House of Representatives have called on acting Securities and Exchange Commission (SEC) Chair Mark Uyeda to preserve information regarding World Liberty Financial, the crypto firm backed by President Donald Trump's family.In an April 2 letter, Senator Elizabeth Warren and Representative Maxine Waters — ranking members of the Senate Banking Committee and House Financial Services Committee, respectively — asked Uyeda to provide information to Congress based on Trump's ties to World Liberty Financial (WLFI). The two lawmakers suggested the SEC may be being influenced by the firm, and “this conflict of interest may be interfering with its mission to protect investors and maintain fair and orderly markets.

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Positive
cover-imageCointelegraph
April 2, 2025

Fidelity introduces retirement accounts with minimal-fee crypto investing

Fidelity, a financial services company with $5.9 trillion in assets under management, has introduced new retirement accounts that will allow Americans to invest in crypto nearly fee-free.The three accounts — a tax-deferred traditional IRA and two Roth IRAs (one is a rollover) — permit the buying and selling of Bitcoin (BTC), Ether (ETH), and Litecoin (LTC). While there are no fees to open or maintain the accounts, Fidelity charges a 1% spread on the execution price of crypto buy and sell transactions.

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Positive
cover-imageCointelegraph
April 2, 2025

DoubleZero protocol announces validator funding round

The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator funding round to sell token-purchase agreements for its native token to prospective validators.Applications for the funding round will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States since 2019. The round is only available to accredited investors.

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Positive
cover-imageCointelegraph
April 2, 2025

DoubleZero protocol announces validator token sale

The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator token sale to sell token-purchase agreements for its native token to prospective validators.Applications for the sale will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States since 2019. The round is only available to accredited investors.

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Neutral
cover-imageCrypto news
April 2, 2025

Crypto braces for Trump's tariff announcment: what to expect

Markets are preparing for volatility ahead of President Donald Trump's tariff announcement, with Bitfinex analysts warning that the final details could trigger either a relief rally or a deeper correction across crypto and equity markets. U.S.

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Positive
cover-imageBitcoin
April 2, 2025

Fidelity Launches Crypto IRAs

Boston-based Fidelity Investments, the world's third-largest investment manager with nearly $6 trillion in assets under management (AUA) has launched new Individual Retirement Accounts (IRAs) that allow clients to invest directly in crypto. The development was revealed on or around April 2nd via the company's website.

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