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news-imageApril 6, 2025

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Stablecoins are the single best tool for the United States government to maintain the US dollar's hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino.In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero interoperability protocol recently chosen by Wyoming to be the distribution partner for the Wyoming stablecoin, said that the cross-border accessibility of dollar-pegged tokens makes them an obvious choice to drive US dollar demand. Pellegrino added: "Stablecoins for the US dollar are the single best tool — the last Trojan Horse or vampire attack on every single other currency in the world — whether it is Argentina, whether it is Venezuela, whether it is all of the countries that have massive inflation.
Publisher: Cointelegraph
Sentiment: Positive
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cover-imageBeInCrypto
April 8, 2025

Crypto Stocks Plunge As Trump's 104% China Tariffs are Set to Go Live

The White House confirmed that 104% tariffs against China will go live at midnight tonight, much to the woe of the crypto market. After a brief recovery to $79,000, Bitcoin fell to $76,000 amid $300 million in total crypto liquidations.

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Positive
cover-imageCryptonews
April 8, 2025

Trump's Tariff Policies May Accelerate Interest In Crypto, Binance CEO Says

Binance CEO Richard Teng believes Donald Trump's latest tariff policies could push investors to explore crypto as an alternative to government-controlled assets, especially amid rising economic volatility. The post Trump's Tariff Policies May Accelerate Interest In Crypto, Binance CEO Says appeared first on Cryptonews.

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Neutral
cover-imageCryptopolitan
April 8, 2025

Stablecoin activity spikes amid global tariff wars

Stablecoin activity increased in the last 24 hours after the market rout caused by trade wars between the US and other countries. IntoTheBlock data shows daily active addresses hit 300,000, while on-chain stablecoin volume also hit $72 billion.

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Positive
cover-imageCryptonews
April 8, 2025

Dubai Agencies Collaborate to Link Real Estate Registry with Property Tokenization

Dubai Land Department and VARA integrate blockchain into real estate, enabling tokenized property ownership to boost liquidity, expand investment access, and align with Dubai's ambitious economic and innovation strategies. The post Dubai Agencies Collaborate to Link Real Estate Registry with Property Tokenization appeared first on Cryptonews.

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Negative
cover-imageCNBC Television
April 8, 2025

DOJ shakes up crypto enforcement policies, citing Trump executive order: CNBC Crypto World

On today's episode of CNBC Crypto World, ether falls along with the broader market as stock indexes gave up much of their early gains amid a multi-day plunge spurred by President Trump's tariff announcement. And, the DOJ issues a memo directing prosecutors to narrow down crypto investigations to crimes involving investor fraud, terrorism, human trafficking, cartel operations and cybercrime.

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Positive
cover-imageCointelegraph
April 8, 2025

BlackRock taps Anchorage Digital for digital asset custody

Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors.According to an April 8 announcement, BlackRock is the world's largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers of crypto exchange-traded products (ETPs), with holdings totaling $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), according to data from Arkham.

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Positive
cover-imageCryptoSlate
April 8, 2025

FDIC working on new crypto guidelines, eyes public blockchain use by banks

The Federal Deposit Insurance Corporation (FDIC) is formalizing a more permissive and transparent framework for US banks engaging with crypto, including the use of public, permissionless blockchains. In remarks delivered at the American Bankers Association Washington Summit on April 8, FDIC Acting Chairman Travis Hill addressed the agency's evolving stance on crypto-related activities.

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Positive
cover-imageThe Daily Hodl
April 8, 2025

Hong Kong Regulator Greenlights Staking Services for Licensed Crypto Exchange Platforms

Hong Kong's Securities and Futures Commission (SFC) has greenlit staking services for licensed digital asset exchanges. On Monday, the regulator issued regulatory guidance for the new services, noting that staking comes with potential benefits, such as enhancing the security of blockchain protocols while enabling users to earn yields for their participation.

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Negative
cover-imageThe Daily Hodl
April 8, 2025

DOJ Disbands Crypto Unit, Alleges Biden Administration Used Branch for ‘Reckless' Regulation

The U.S. Department of Justice (DOJ) is scrapping a unit within the federal agency that focused exclusively on crypto-related investigations. In a new memo released Monday, the DOJ says it plans to eliminate the so-called National Cryptocurrency Enforcement Unit (NCET), which was established during the Biden Administration to prosecute crypto-related enterprises. U.S.

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Neutral
cover-imageBitcoinist
April 8, 2025

Crypto Lawyer Files Lawsuit To Force US Gov't To Reveal Satoshi Nakamoto

A cryptocurrency lawyer has filed a case against the US Department of Homeland Security in an effort to uncover who actually invented Bitcoin. James Murphy, also referred to online as ‘MetaLawMan,' is requesting that the government hand over information regarding Satoshi Nakamoto, the enigmatic figure behind the largest cryptocurrency in the world.

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Negative
cover-imageCoingape
April 8, 2025

US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect

The trade war between the United States (US) and China is heating up, which is threatening to tumble the global markets, including the crypto market. Specifically, the US has announced that a 104% tariff rate on China will begin on April 9, while the Asian country is already making moves to retaliate.

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Positive
cover-imageCryptonews
April 8, 2025

52% of Crypto Holders in Singapore Use It for Payments of Goods and Services: Reports

Singapore is emerging as a leader in cryptocurrency adoption, with digital currencies becoming increasingly practical for payments, especially among tech-savvy youth. Growing transaction volumes and a supportive regulatory environment are driving this trend. The post 52% of Crypto Holders in Singapore Use It for Payments of Goods and Services: Reports appeared first on Cryptonews.

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Positive
cover-imageCoingape
April 8, 2025

BlackRock Taps Anchorage Digital For Crypto Custody Solutions

Anchorage Digital has announced that it will offer investment giant BlackRock its array of institutional cryptocurrency custody solutions. The custody service provider will extend its services to a range of BlackRock's spot crypto exchange-traded funds (ETFs) as part of the deal.

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Positive
cover-imageBenzinga
April 8, 2025

Raoul Pal Says Crypto Market Nowhere Near COVID-19 'Peak Fear'

Macro investment strategist Raoul Pal believes the recent crypto market pullback is far from a cause for panic and could, in fact, be a rare entry point for Bitcoin (CRYPTO: BTC) investors. What Happened: Speaking in a podcast on April 7, Pal said investor sentiment hasn't yet reached the “peak fear” levels last seen during the COVID-19 crash, but it's getting close—and that's exactly when big opportunities arise.

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Negative
cover-imageCryptonews
April 8, 2025

Justin Sun Calls Out Seven Sins by First Digital Trust

Justin Sun said First Digital Trust has misappropriated over $500 million in TUSD reserves through unauthorized transfers and falsified records, and launched a $50 million bounty program to recover the funds and expose alleged fraud, laundering, and regulatory violations. The post Justin Sun Calls Out Seven Sins by First Digital Trust appeared first on Cryptonews.

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Positive
cover-imageUToday
April 8, 2025

Binance CEO Says Tariff Mayhem May Benefit Crypto

Richard Teng, chief executive officer at cryptocurrency exchange behemoth Binance, has predicted that the macrofinancial uncertainty caused by the tariff mayhem might end up benefiting the crypto market in the long term.

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Negative
cover-imageReuters
April 8, 2025

EU markets watchdog warns of crypto-related financial stability risks

The European Union's securities watchdog warned on Tuesday that problems in the cryptocurrency industry could pose risks to broader financial stability in future, as the sector grows and as ties between it and traditional financial markets increase.

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Negative
cover-imageCoindesk
April 8, 2025

Don't Buy the Dip! Here's Why

The Crypto Trader author Glen Goodman joins CoinDesk to discuss whether investors should buy the dip in crypto following the recent market crash. Plus, long-term outlook on bitcoin's price and the correlation between BTC and the stocks market.

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Negative
cover-imageCointelegraph
April 8, 2025

Binance to purge 14 tokens following ‘vote to delist' process

Binance is planning to delist 14 tokens from its platform on April 16 in a move designed to purge low-quality projects that do not adhere to the crypto exchange's tighter listing requirements. The tokens are being delisted following a “comprehensive evaluation of multiple factors,” including the exchange's first “vote to delist” results, where community members nominated projects with less than stellar metrics, Binance announced on April 8.

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Positive
cover-imageBenzinga
April 8, 2025

Trump Administration Shuts Down The Department Of Justice's Crypto Crime Unit

The U.S. Department of Justice has terminated its specialized cryptocurrency investigation team, signaling a significant shift in federal oversight of digital assets. What Happened: In a detailed internal memorandum, Deputy Attorney General Todd Blanche announced the immediate dissolution of the National Cryptocurrency Enforcement Team (NCET), aligning with President Donald Trump's directive to foster a more crypto-friendly regulatory environment.

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