External news feeds 51/2278

Paul Atkins Officially Confirmed as New SEC Chairman in Time of Regulatory Crossroads

Key Takeaways: Paul Atkins officially confirmed as new SEC chairman Known for market-friendly, deregulatory views His appointment comes as cryptocurrencies face mounting pressure to be regulated Market reacts with cautious optimism A Strategic…

Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83

The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1…

Florida Takes Bold Step to Add Bitcoin to State Treasury Reserve

Key Takeaways: A Florida Senate Bill 487 proposes allowing the state treasury to hold part of its reserves in Bitcoin. The bill will be subject to a first public hearing on April 10, 2025. If passed, Florida will be the first U.S. state to directly…

USDT0 Goes Live on Sei Network: A New Era of Unified Stablecoin Liquidity

Key Takeaways: Now USDT0 is natively deployed on Sei Network, the omnichain version of USDT. With this integration, users experience rapid, low-cost DeFi transactions powered by LayerZero’s OFT standard. Sei gets deep, composable USDâ‚® liquidity toâ€

OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit

Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws.The SEC needs to “clearly state that NFT marketplaces like OpenSea do not…

81.6% of XRP supply is in profit, but traders in Korea are turning bearish — Here is why

XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP (XRP) dropped as much as 46% over the past three months, but despite its recent drawdown, Glassnode data indicates that 81.6% of…

Bitwise doubles down on $200K Bitcoin price prediction amid trade tension

Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions.“In December, Bitwise predicted that Bitcoin would end the year at $200,000. I still…

Magic Eden acquires crypto trading app Slingshot to move beyond NFTs

Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden's support to more…

SafeMoon boss cites DOJ’s nixed crypto unit in latest bid to toss suit

Braden John Karony, the CEO of crypto firm SafeMoon, has cited the US Department of Justice’s directive to no longer pursue some crypto charges in an effort to get the case against him and his firm dismissed. In an April 9 letter to New…

Bitcoin inflows to Binance see ‘strong acceleration’ ahead of March CPI print

Bitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump’s tariffs and the upcoming US Consumer Price Index (CPI) results, says an analyst.However, another analyst argued…