Category: Bitcoin News

Binance Advising Multiple Governments On Strategic Bitcoin Reserve

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Financial Times reports that bitcoin and crypto exchange Binance is advising several countries on creating their own bitcoin and crypto regulations and establishing national strategic bitcoin reserves. Binance CEO Richard Teng revealed that multiple governments seek the exchange’s guidance on establishing strategic bitcoin reserves and crafting digital asset policies following recent U.S. moves toward creating a national bitcoin stockpile. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng said in an interview with…

Cash-based crypto can enable financial inclusion for billions

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Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to overlook the billions of people who rely on cash for their daily lives. In developing economies of Africa, South Asia and Latin America, cash is not just dominant — it’s essential. Banking services are sparse,…

How Meta’s antitrust case could dampen AI development

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Meta, the parent company of Facebook, Instagram, WhatsApp and Messenger, is facing antitrust proceedings that could limit its ability to develop AI amid a field of competitors. First filed in 2021, the Federal Trade Commission (FTC) alleges that Meta’s strategy of absorbing firms — rather than competing with them — violates antitrust laws. If the court rules against Meta, it could be forced to spin out its various messenger services and social media sites into independent companies. The loss of its stable of social media companies could harm Facebook’s competitiveness…

Eliza Labs launches auto.fun, a no-code AI spin on Pump.Fun

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Eliza Labs, the developer behind the AI agent framework ai16z, announced the launch of auto.fun, a new no-code platform allowing users to launch AI agents on Web3 applications. Auto.fun allows for the creation, deployment and monetization of AI agents by non-developers without programming knowledge, according to an April 17 announcement. The platform supports the creation of AI agents that interact with social media, decentralized finance (DeFi) apps and other Web3 services. “The vision for auto.fun is to democratize access to both AI and Web3 technologies by creating agents that can…

How Mantra’s OM token collapsed in 24 hours of chaos

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Mantra’s OM token collapsed by more than 90% overnight, and the crypto world can’t agree on why. On April 13, OM’s price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry. The sudden crash drew comparisons to Terra’s LUNA implosion as traders scrambled for answers. Unverified rumors of insider dumping, forced liquidations, mislabeled wallets and exchange manipulation quickly spread — but Mantra insists it was caught in the middle. Mantra had built a strong position…

5 reasons why FARTCOIN is rising faster than everything else

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Fartcoin (FARTCOIN), a Solana-based memecoin launched in October 2024, has soared over 370% from its yearly low, outperforming Bitcoin (BTC) even as global trade tensions weigh on broader risk assets. These are the five key reasons why FARTCOIN is rising faster than top cryptocurrencies. FARTCOIN/USDT vs. BTC/USD 30-day price chart comparison. Source: TradingView PEPE boom similarities fuel FARTCOIN hype FARTCOIN’s recent surge mirrors the early stages of Pepe’s (PEPE) meteoric rise. In 2023, PEPE launched with a rapid ascent to a $1.8 billion market cap before crashing down to $255…

Mantra OM token crash exposes ‘critical’ liquidity issues in crypto

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Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash. The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported. While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the crypto industry, according to Gracy Chen, CEO of the cryptocurrency exchange Bitget. “The OM…

Babylon total value locked drops 32% as wallets unstake $1.2B in Bitcoin

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Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, reducing the protocol’s total value locked by 32%.  On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked a total of 14,929 Bitcoin (BTC) from the staking platform. The security firm flagged four addresses that had unstaked 299 BTC, 499 BTC, 1,000 BTC and 13,129 BTC.  One address held a majority of the unstaked assets worth $1.1 billion. With BTC prices hovering at around $84,400, the total unstaked BTC was worth about $1.26 billion.…

Bitcoin gold copycat move may top $150K as BTC stays ‘impressive’

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Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.” In a post on X on April 16, trading and analytics account Cryptollica predicted BTC/USD would copy gold to hit new all-time highs. Analysis sees key BTC price similarities to gold Bitcoin has made headlines for its inability to follow in gold’s record-breaking footsteps in 2025. While XAU/USD continues to see repeated record highs, BTC/USD is down 9.3% year-to-date, data from Cointelegraph Markets Pro and TradingView shows. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Despite calls…

Bitcoin online chatter flips bullish as price chops at $85K: Santiment

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The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post. The last time Bitcoin (BTC) traded above $90,000 was March 6. Traders regaining confidence in Bitcoin Santiment’s social media tracker, which measures how social media users feel about crypto based on the tone of…