Live Feed

The Sentinel Action Fund, a conservative political action committee (PAC) supported by the Solana Policy Institute, has announced it will spend $8 million to help unseat a senator who opposes cryptocurrency. The funds will be directed toward this year's Ohio Senate election to oppose prominent crypto skeptic Sherrod Brown, with the money supporting promotions and advertising for his Republican opponent, John Husted. The group accused Brown of obstructing innovation-friendly policies on digital assets. The PAC is also backed by crypto venture capital firm Multicoin Capital, as well as financial industry leaders including Stephen Schwarzman (CEO of Blackstone), Ken Fisher (Fisher Investments), Cliff Asness (AQR Capital), and Paul Singer (Elliott Management).

U.S. Bitcoin users are struggling under harsh tax regulations, BeInCrypto reported. Nicholas Anthony, a researcher at the Cato Institute, pointed out that current capital gains tax rules have effectively paralyzed Bitcoin's function as a currency. This is because every time a user makes a payment with Bitcoin, they must record and report the acquisition date, usage date, original cost, and any profit or loss to the IRS. According to the report, a user who buys coffee with Bitcoin daily would need to file over 100 pages of tax documents at the end of the year. The report criticized the tax code for incentivizing long-term holding and discouraging its use as a currency, emphasizing the need for legal improvements such as raising the small-transaction exemption threshold or abolishing capital gains tax on virtual assets.

Tron founder Justin Sun has sharply criticized a new governance proposal from World Liberty Financial (WLFI), a cryptocurrency project linked to President Donald Trump, describing it as an absurd scam. The proposal calls for locking up more than 62 billion tokens for up to five years and indefinitely freezing the assets of any opponents who vote against it. Sun alleged that the project's team is attempting to monopolize power by using specific wallets to overturn voting results and blacklist users. Sun, who once invested $30 million and served as an advisor, recently accused WLFI of treating the project like a personal ATM after it took out a large loan against its tokens, causing the price to crash. WLFI has since threatened legal action, signaling a complete breakdown in the relationship between the two parties.

Prediction market Kalshi has announced it will introduce a portal for parents and an artificial intelligence (AI) verification system to crack down on the illegal use of its services by minors, Cointelegraph reported. The portal will allow parents, even if they are not Kalshi users, to submit their own ID to check if it has been used fraudulently by their children. Additionally, the platform will require a selfie submission to confirm that the user and the ID holder are the same person, which will be verified by AI. Kalshi co-founder and CEO Tarek Mansour said the company plans to introduce a family account option in the future, which would allow family members to monitor each other's betting history.

The U.S. Super PAC Fellowship has contracted with Nxum Group, a firm co-founded by Tether's U.S. CEO Bo Hines, for $3 million in advertising services to date. CoinDesk noted that before its contract with Fellowship, Nxum had no significant track record as an ad agency for PACs or election campaigns. Fellowship secured $11 million in donations in early April and is headed by Jesse Spiro, Tether's vice president of regulatory affairs.

The three major U.S. stock indices closed mixed today. - S&P 500: +0.80% - Nasdaq: +1.59% - Dow Jones: -0.15%

According to CoinNess market monitoring, BTC has risen above $75,000. BTC is trading at $75,005.25 on the Binance USDT market.

St. Louis Fed President Musalem said on April 15 that high oil prices could keep core inflation about one percentage point above the central bank's 2% target for the rest of the year, potentially requiring interest rates to remain at their current levels. He noted a high probability that oil prices would pass through to core inflation, projecting the year-end figure to be around 3% or slightly below, with risks of further increases. Musalem explained that the Fed is likely to maintain its benchmark rate, currently in the 3.50% to 3.75% range, for some time while monitoring incoming data on inflation, employment, and the economy over the next several months. He added that many of his colleagues share this view. While the effects of last year's tariff hikes are fading and housing inflation is slowing, Musalem stated he would remain open to raising rates if rising prices begin to push up inflation expectations. He also warned that the oil market is facing its third negative supply shock in 12 months and that, combined with tariff increases and stricter immigration rules, both the inflation outlook and the job market are at risk, which could also harm economic growth. However, he still expects the economy to grow by 1.5% to 2% this year, despite a slowdown.

The United States and Iran may resume negotiations in Pakistan next week, MSNBC reported, citing two Pakistani officials.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has vowed to crack down on fraud and insider trading in a written statement submitted to Congress. Selig stressed that perpetrators will be identified and will face all sanctions permitted by law.

Economic activity across most of the U.S. continued to grow slightly to modestly, but the war in Iran has introduced new uncertainty and higher energy costs, the Federal Reserve said in its Beige Book released on April 15. The Fed noted that while overall price increases remained moderate, energy and fuel costs rose noticeably across all 12 Federal Reserve districts. The central bank reported that the Middle East conflict was seen as a major source of uncertainty, complicating business decisions on hiring, pricing, and capital investment, and leading many firms to adopt a wait-and-see approach. The report, compiled by the New York Federal Reserve Bank, reflects data through April 6 and captures the initial economic impact of the war. The oil price shock from the conflict has pushed up gasoline prices, contributing to the largest increase in U.S. inflation in March since 2022. Many Fed policymakers have signaled they are leaning toward holding interest rates steady for a significant period to evaluate incoming economic data.

The U.S. Treasury Department has added multiple vessels related to Iran to its sanctions list.

UK asset manager Legal & General (L&G) is set to bring its money market funds on-chain via the Calastone tokenization network, Cointelegraph reported. The move is designed to allow investors to access and transfer fund shares using a digital infrastructure that replaces traditional settlement systems. The fund, which manages 50 billion pounds (around $63.5 billion) in assets, invests in high-quality, short-term instruments such as government bonds, bank deposits, and corporate bonds.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Bitcoin inflows to exchanges have surged as the asset tests the $76,000 resistance level, according to CryptoQuant. Approximately 11,000 BTC per hour are moving to exchanges, marking the highest rate since December 2025 and surpassing the volume seen just before the correction last March. The analytics firm explained that this movement indicates whales are taking advantage of the price rise to offload their holdings, and that potential selling pressure should be monitored.

U.S. Senator Elizabeth Warren, a noted cryptocurrency critic, has requested information from Elon Musk regarding X Money. According to Cointelegraph, Warren pointed out that the potential integration of stablecoins and cryptocurrencies into X Money could pose risks to the financial system and U.S. national security. She specifically asked whether the company plans to issue its own stablecoin. Warren also emphasized that stablecoin deposits are not covered by depositor protection and questioned how the platform would fund a proposed high-yield savings offering with a 6% annual interest rate.

The Crypto Basic reported that CryptoQuant's Bitcoin Bullish Score Index (BSI) has risen to 40, signaling that the market has officially entered a recovery phase. The BSI had fallen from a high of 80 in October 2025 to 10 in early March 2026 before its recent rebound. Analysts warn that Bitcoin must hold the $72,000 support level, as a failure to do so risks erasing all recent gains.

Delysium co-founder Wu Shenkun deposited 131,750 RAVE, worth $1.7 million, to Bitget approximately 30 minutes ago, EmberCN reported. Wu received the tokens in an airdrop two months ago, at which point they were valued at just $46,000.

An address linked to the recent hack of Solana's Drift Protocol has minted a North Korean propaganda-themed NFT to the public wallet of Circle CEO Jeremy Allaire, according to on-chain analyst ZachXBT. The address, dprk.arc, operating on Circle's Layer 1 chain Arc, sent the NFT to Allaire's jerallaire.arc address. On the blockchain, anyone can send a newly created NFT to a public address, effectively assigning ownership without the recipient's consent. The dprk.arc address was previously identified as having received approximately $80 million in USDC via a bridge from the Drift Protocol attacker's wallet.

A Bitcoin reserve address belonging to Tether withdrew 951 BTC, worth $70.47 million, from Bitfinex about 15 minutes ago, EmberCN reported. The transaction is believed to represent Tether's purchase for the first quarter. Since 2023, the wallet has been used to buy BTC with 15% of the company's profits. The wallet now holds 97,141 BTC, making it the fifth-largest Bitcoin wallet in the world. Based on the price at the time of withdrawal, Tether's average purchase price for its BTC is $51,312, resulting in an unrealized profit of approximately $2.175 billion.

Qatar's finance minister has warned that severe economic damage could occur within one to two months if passage through the Strait of Hormuz is restricted due to a war with Iran, noting that the current surge in energy prices is just the tip of the iceberg. He cautioned that damage to Qatar's liquefied natural gas (LNG) infrastructure and restrictions on its exports of gas, helium, and fertilizers could lead to a global energy and food shortage, with recovery potentially taking years.

Entities suspected of manipulating the price of the memecoin Binance Life now hold 22.7% of its total supply after a recent accumulation spree, EmberCN reported. Over the past three days, large-scale buying from these entities has driven the price of Binance Life up 112%, from $0.17 to $0.36. About 30 minutes ago, these entities withdrew 30 million Binance Life tokens, worth $11.4 million, from Binance to three on-chain wallets. The addresses now hold a total of 227 million Binance Life tokens on-chain, valued at $81.55 million.

The United States and Iran are reportedly considering a two-week extension of the current ceasefire, according to officials.

The UK's Financial Conduct Authority (FCA) has begun seeking industry feedback on its virtual asset regulatory framework, which is set to take full effect in October 2027, Cointelegraph reported. The guidance outlines clear requirements for key market services, including stablecoin issuance, exchange operations, asset custody, and staking. The FCA plans to accept feedback until June 2026 and will begin processing new license applications in September of that year. As existing firms registered for Anti-Money Laundering (AML) will also need separate authorization under the new Financial Services and Markets Act (FSMA), businesses operating in the UK are expected to face a significant regulatory overhaul.