Tesla holds onto Bitcoin as Musk says time at DOGE to ‘drop significantly’
Tesla has held onto its Bitcoin during the first quarter of 2025 as CEO Elon Musk promised shareholders that he would scale back his time working as the Trump administration’s cost-cutting czar. Musk’s comment appears to have been the main catalyst behind Tesla’s (TSLA) 5.4% price jump in after-hours trading on April 22 to $250.80 […]
SEC says it won’t re-file fraud case against Hex’s Richard Heart
The US Securities and Exchange Commission has said it doesn’t intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart. “Plaintiff Securities and Exchange Commission provides this notice that it does not intend to file an amended complaint in this matter,” the regulator’s lawyer, Matthew Gulde, stated in an […]
Trump Media inks deal with Crypto.com for ‘Made in America’ ETFs
US President Donald Trump’s media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.” Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville […]
Bitcoin price hits 7-week high as Trump softens tone on trade war
Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside. Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen […]
SEC and feds charge man over $200M crypto trading scheme
The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the […]
Australia’s top court sides with Block Earner, dismisses financial regulator’s suit
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not a financial product, or a managed investment scheme, and is not a derivative […]
Former SEC Chair Jay Clayton sworn in as interim US attorney for Manhattan
Former SEC Chair Jay Clayton confirmed that he has been appointed as the interim US Attorney for the Southern District of New York after the Democratic Party’s Senate leader used a “blue slip” to block a vote confirming Clayton’s position. The appointment comes a little over five months after US President Donald Trump nominated Clayton […]
Chiliz meets with SEC Crypto Task Force amid US market reentry plans
Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to discuss an investment and reentry into the US crypto market under the crypto-friendly White House and increased push for regulatory clarity surrounding digital assets. According to the meeting request made public by the SEC, Chiliz plans a reentry into […]
Bitcoin breaks downtrend with spike toward $92.6K, but who’s behind the price momentum?
Bitcoin (BTC) price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a new all-time high of $3,500. While the BTC rally and its growing decoupling from equities are noteworthy, […]
DeFi Development Corp adds $11.5M SOL, shares jump 12%
DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives. According to an April 22 announcement, the company added 88,164 Solana (SOL) to its treasury, worth $11.5 million and bringing its Solana stake to $34.4 million. On April 7, DeFi Development Corporation was acquired […]