Day: April 3, 2025

Senate panel approves Paul Atkins to lead the SEC

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Key Takeaways Paul Atkins has been approved by the Senate Banking Committee to lead the SEC. Atkins’ confirmation faced scrutiny due to his involvement with the 2008 financial crisis and the FTX crypto exchange. Share this article The Senate Banking Committee has advanced Paul Atkins’ nomination to lead the US SEC in President Donald Trump’s second term. The next step is a full Senate confirmation vote to finalize his appointment. The approval follows Atkins’ Senate Committee Hearing on March 27, which saw sharp divisions concerning his previous tenure at the…

AI-driven Genius Group forced to sell Bitcoin holdings after NY court order

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Key Takeaways Genius Group is forced to sell Bitcoin due to a US court order blocking financial actions. Genius Group’s market value has decreased significantly since the court order was issued. Share this article Genius Group, an AI-powered education company, announced today that it must sell its Bitcoin holdings after a US court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. Genius Group has been forced to reduce its Bitcoin holdings from 440 to 430 Bitcoin following a preliminary injunction granted by the US District Court…

How Bitcoin stays true to its values

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Bitcoin’s (BTC) journey from a radical experiment to a trillion-dollar asset has been fueled by grand narratives: Digital gold, decentralized money and an alternative financial system. Beyond the hype, how does Bitcoin remain true to its core values?  That’s the central theme of the latest episode of The Clear Crypto Podcast, where hosts Nathan Jeffay and Gareth Jenkinson are joined by Charlie Spears, co-founder of Blockspace Media, to unpack Bitcoin’s evolving role in the global financial system. Bitcoin’s evolution From the outset, Bitcoin was designed as a decentralized alternative to…

Bitcoin Startups Raised Nearly $1.2 Billion

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New research from venture capital firm Trammell Venture Partners (TVP) highlights continued growth in bitcoin native startup activity, with nearly $1.2 billion raised by early-stage companies between 2021 and 2024. Despite a broader downturn in crypto and tech venture capital markets during 2023 and 2024, Bitcoin-specific startup formation and funding showed resilience, particularly at the Pre-Seed stage. According to the 2024 edition of TVP’s Bitcoin-Native Venture Capital Landscape Research Brief, Bitcoin Pre-Seed startup transaction volume rose 767% compared to 2021, signalling a maturing and sustained venture category. In 2024 alone,…

Trump ‘Liberation Day’ tariffs create chaos in markets, recession concerns

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US President Donald Trump introduced a slew of tariffs on April 2, sending markets into a tailspin and dividing crypto observers as to their possible long-term effects.  At a special event at the White House, Trump signed an executive order and claimed emergency powers, leveling reciprocal tariffs at every country that has a tariff on US goods, starting at a 10% minimum. The long-term effect that this swathe of new taxes could have on global markets is unknown. The uncertainty is compounded by the ambiguous methodology the Trump administration used…

The ultimate gateway to global and web3 job opportunities

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Share this article The shift to a digital-first economy demands smarter, faster, and more efficient connections between job seekers and employers. Bossjob, a next-generation recruitment platform, is transforming the way professionals find jobs and companies hire talent. With a strong presence across multiple regions and languages, Bossjob helps businesses attract top talent while empowering job seekers to explore opportunities in Web3 and beyond. A global job platform with local and international reach Unlike traditional job boards, Bossjob supports professionals worldwide with a multi-region, multi-language platform. Whether candidates prefer on-site, hybrid,…

Rep. Keith Ammon Is New Hampshire’s Premier Bitcoin Advocate

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On Tuesday, Rep. Keith Ammon addressed a New Hampshire House Ways and Means Committee on House Bill (HB) 302, which would permit the state’s treasurer to invest in bitcoin. In speaking to the committee, he brought up the United States’ excessive debt and made the case for the state of New Hampshire to invest in bitcoin as a means to mitigate the ravaging effects of inflation. As I listened to his petition, I got the sense that Rep. Ammon was a dyed-in-the-wool Bitcoiner, someone inside of the system doing his…

Jack Dorsey says Bitcoin payments for Square and Bitkey are in progress

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Key Takeaways Jack Dorsey confirms development of Bitcoin payments for Square and Bitkey. Dorsey’s Block is a major Bitcoin holder, currently owning 8,485 BTC valued at over $700 million. Share this article Jack Dorsey, co-founder of Block, the fintech firm behind Square and Bitkey, has confirmed that his team “is working on” integrating Bitcoin as a payment option for Bitkey and Square. Dorsey’s statement came in response to an X user’s question about the delay in enabling Bitcoin payments across Block’s services. He also pushed back against the idea that…

Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity

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Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin. The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent. Market marker Wintermute transferred over 75 million FDUSD tokens back to First Digital within a day since the stablecoin depegged to $0.87. Source: Lookonchain “Since $FDUSD depegged, #Wintermute has transferred 75M $FDUSD to First Digital Labs,” wrote blockchain intelligence platform Lookonchain, in an April 3 X post,…

CEX listings outperform Nasdaq and Dow IPOs with 80% average returns

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Cryptocurrency listings have outperformed the average of traditional stock listings, despite recent community criticism regarding the manipulation potential of token listings on centralized exchanges. Token listing procedures on centralized cryptocurrency exchanges (CEXs) drew significant controversy after Changpeng “CZ” Zhao, co-founder and former CEO of Binance, called the process flawed after disappointing performances of some token listings. Despite the criticism, crypto exchanges have outperformed traditional stock exchanges in terms of listings with positive returns on investment (ROI) and average ROI, according to an April 3 CoinMarketCap report shared exclusively with Cointelegraph.…