Bitcoin at the Checkout and DeFi in Crisis Zones: Today’s Crypto Round-Up
The crypto world saw a diverse set of developments today—from supermarket Bitcoin payments in Switzerland to DeFi lifelines in Yemen and renewed political pressure on the US Federal Reserve. Here’s a round-up of the top stories shaping the global crypto landscape. Bitcoin Goes Retail in Switzerland Bitcoin adoption took a
EigenLayer Introduces ‘Slashing,’ Completing Its Security Vision
Ethereum’s restaking protocol, EigenLayer, has rolled out its long-awaited slashing mechanism, addressing security concerns and fulfilling its initial promise. The update marks a pivotal moment for the network, which has attracted over $7 billion in restaked assets since its launch. What Is EigenLayer? EigenLayer revolutionised Ethereum’s proof-of-stake by introducing the
Expert Calls for India’s $10B Crypto Reserve: A Modest Bet?
Financial analyst Aravind has urged the Reserve Bank of India (RBI) to establish a strategic crypto reserve. His proposal includes an initial $10 billion allocation to top assets like Bitcoin (BTC) and XRP, positioning India to embrace the global shift towards digital currencies. A Blueprint for India’s Crypto Reserve Aravind
BNB Burns $900M in Tokens — But Price Stays Flat
BNB Chain has just completed its 31st quarterly token burn, destroying over $900 million worth of BNB tokens. Despite the massive burn, the market reaction was underwhelming, with the token’s price barely moving. $916 Million Burn, Minimal Price Reaction On April 16, BNB Chain burned 1.57 million BNB tokens, valued
Nvidia’s $5.5B Hit Rattles Markets as Bitcoin, XRP, and ADA Retreat
Investor sentiment turned sour on Tuesday as Nvidia’s $5.5 billion charge over halted China chip sales sent shockwaves across both equities and crypto. With Bitcoin, XRP, and ADA all slipping, market jitters signal growing concerns over the broader economic impact of renewed U.S.-China trade tensions. Bitcoin Falls Below $84K Amid
Crypto’s Debanking Dilemma: Progress Made, Problems Persist
Despite recent policy wins in key regions, crypto firms worldwide still struggle to access traditional banking services. The issue of “debanking”—the practice of denying financial services to crypto companies—remains a pressing barrier to industry growth, especially in the US, Australia, and Canada. United States: Policy Shifts, Lingering Resistance The US
Ripple Defies the Crash: XRP Gains as Crypto Bleeds $795M
While the broader crypto market faces sharp losses, Ripple’s XRP has emerged as an unexpected winner. As Bitcoin and Ethereum suffer massive investor outflows, XRP attracted $3.5 million in inflows, cementing its status as a potential safe haven amid digital market volatility. XRP Shines Amid $795M Crypto Exodus According to
Solana Overtakes XRP as Short Sellers Face Heavy Losses
Solana (SOL) has reclaimed the spotlight in the crypto market, overtaking XRP in total liquidations as short sellers reel from the latest price rebound. The recent surge in Solana’s value has triggered a wave of forced liquidations, especially among those who bet against the asset. Short Sellers Hit Hard on
Bitcoin Still on Track for $1.8M by 2035, Says Analyst
Despite market corrections and global trade uncertainty, Bitcoin’s long-term outlook remains bullish, with some experts forecasting a price of $1.8 million or more by 2035. Joe Burnett, Director of Market Research at Unchained, reaffirmed this ambitious projection during Cointelegraph’s Chainreaction live show on X, arguing that Bitcoin is still in
Japan Unveils Dual Crypto Framework: Type 1 vs Type 2 Assets
Japan’s Financial Services Agency (FSA) has proposed a new regulatory framework for digital assets, introducing a two-tier classification system that aims to bring clarity and investor protection to the crypto market. The FSA is now inviting public feedback on the discussion paper titled “Verification of the state of the system
