Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup
Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector, driven by regulatory change,” a team of Citigroup financial analysts said in an April 23 […]
Slovenia’s capital of Ljubljana ranked as world’s most crypto-friendly city
The capital city of Slovenia — Ljubljana — has been named the world’s most crypto-friendly city by migration advisory firm Multipolitan. The city outranked runners-up Hong Kong and Switzerland’s economic powerhouse Züric, which scored the same in the Crypto-Friendly Cities Index, found in its 2025 Crypto Report. The index featured 20 cities and ranked their […]
Italian town to unveil locally financed Satoshi Nakamoto monument
The Italian municipality of Fornelli in the Molise region of Italy will be dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. In an April 23 Facebook post from the municipality, Fornelli said it plans to unveil the Satoshi artwork on May 1. Details surrounding the monument were unclear in the announcement, but the […]
Federal Reserve withdraws crypto guidance for banks
The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities. ”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current crypto-asset activities,” the Board of Governors of the Federal Reserve explained in an April […]
White House receives over 10,000 comments on AI development plan
The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates. Among the stakeholders providing inputs were AI giants such as OpenAI, Meta, Amazon, Google, and Microsoft. In addition, organizations […]
Securitize, Mantle launch institutional crypto fund
Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said. Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including […]
Ethereum’s L2 approach equals many high-throughput chains — Avail exec
Ethereum’s focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail, a unified chain abstraction solution. In an interview with Cointelegraph, Arjun acknowledged that Ethereum and high-throughput competitors with monolithic architecture […]
Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signals
Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date. Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and […]
Avalanche-powered Axiym bets on money services businesses
Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph. Headquartered in Dubai, United Arab Emirates, Axiym disclosed on April 24 that it has processed more than $132 million in cumulative volume on the Avalanche blockchain. The […]
Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correction
Key Takeaways: The Bitcoin long-term holder cohort saw a $26 billion value increase as BTC price surged to $94,900. Short-term holders sold at a loss in early April. Bitcoin’s 30% correction lines up with historical cycles, and BTC could find support in the $88,750 and $91,000 zone. Bitcoin (BTC) long-term holders (LTHs) significantly increased their […]