🚀 Virtual Asset Providers Aim for Full Compliance with Travel Rule by Mid-2025
#VirtualAssetProviders #Compliance #TravelRule #AntiMoneyLaundering #VASPs #CryptocurrencyRegulation #BeneficiaryInformation #Interoperability #Notabene #Refunds
According to PANews, a recent report by Notabene highlights that 90% of the 91 surveyed virtual asset service providers (VASPs) anticipate full compliance with anti-money laundering travel rules by mid-2025. All participating institutions have committed to meeting these standards by the end of the year. The report notes a significant shift in regulatory attitudes, with the U.S. adopting a more positive stance on cryptocurrency regulation and the European Union's Funds Transfer Regulation coming into effect. This has led to an increase in the percentage of VASPs requiring beneficiary information before allowing withdrawals, rising from 2.9% in 2024 to 15.4%. Additionally, approximately 20% of VASPs have started issuing refunds for transactions lacking complete information. Notabene's CEO pointed out that despite the accelerated compliance process, the lack of interoperability between systems across different jurisdictions remains a major challenge.#VirtualAssetProviders #Compliance #TravelRule #AntiMoneyLaundering #VASPs #CryptocurrencyRegulation #BeneficiaryInformation #Interoperability #Notabene #Refunds
🚀 Bitcoin News: Bitcoin Increasingly Viewed as Hedge Against Geopolitical Risk and Currency Debasement, According to Bernstein Analysts
#Bitcoin #BTC #Hedge #GeopoliticalRisk #CurrencyDebasement #StoreOfValue #InstitutionalAdoption #CryptoMarket #ETF #WhaleActivity
BTC’s Break Above $94K Signals Investor Shift Toward Non-Sovereign Store of ValueBitcoin's price surge past $94,000 on Wednesday has prompted a re-evaluation of the asset’s role in global markets, with analysts at brokerage firm Bernstein suggesting that investors are increasingly treating BTC as a macro hedge rather than a speculative asset.According to a report from DL News, Gautam Chhugani, senior analyst at Bernstein, described the current Bitcoin rally as the strongest he has witnessed in his years covering the crypto market.“In all the time I have covered cryptocurrencies, this is the best performance I have ever seen for Bitcoin prices,” Chhugani wrote in a client note.He emphasized Bitcoin’s resilience during recent equity market volatility, noting that BTC held firm during the Nasdaq’s dip and outpaced its recovery, reinforcing Bitcoin’s growing role as a store of value asset amid shifting macroeconomic conditions.Bitcoin's Role in a Volatile Global EnvironmentChhugani added that Bitcoin is increasingly being viewed as a non-sovereign hedge in portfolios, citing rising concerns over geopolitical tensions, central bank policy errors, and global currency depreciation.“Investors may now view Bitcoin more as a non-sovereign store of value and some form of hedge against geopolitical uncertainty, policy mistakes, and currency debasement,” he stated.This shift in investor perception has aligned with Bitcoin’s outperformance against major asset classes, including traditional tech equities and even gold over the past week.Outlook: Institutional Adoption Reinforces NarrativeBernstein’s commentary comes as institutional demand continues to grow, evidenced by record-setting ETF inflows and increasing whale activity across major exchanges like Binance and Coinbase.With Bitcoin outperforming the Nasdaq and breaking key technical resistance levels, analysts believe the current rally may represent a long-term structural shift in how BTC is valued within diversified global portfolios, according to DL News.#Bitcoin #BTC #Hedge #GeopoliticalRisk #CurrencyDebasement #StoreOfValue #InstitutionalAdoption #CryptoMarket #ETF #WhaleActivity
🚀 Tether, SoftBank, and Jack Mallers Launch Bitcoin Company Twenty-One
#Tether #SoftBank #JackMallers #Bitcoin #TwentyOne #USDT #CantorEquityPartners #BitcoinEcosystem #FinancialSector
According to Odaily, Tether, the issuer of the USDT stablecoin, along with SoftBank Group and Jack Mallers, has launched a new Bitcoin company named Twenty-One. This initiative is a result of a business merger with Cantor Equity Partners. The collaboration aims to enhance the Bitcoin ecosystem and expand its reach in the financial sector.#Tether #SoftBank #JackMallers #Bitcoin #TwentyOne #USDT #CantorEquityPartners #BitcoinEcosystem #FinancialSector
🚀 U.S. Considers Significant Reduction in Tariffs on Chinese Imports
#tariffs #China #imports #US #Trump #trade #economy
According to Foresight News, the Trump administration is contemplating a substantial reduction in tariffs on Chinese imports. The Wall Street Journal, citing informed sources, reports that the potential cuts could exceed fifty percent in certain cases. While U.S. President Donald Trump has not yet made a final decision, discussions are ongoing, and multiple options are under consideration.#tariffs #China #imports #US #Trump #trade #economy
🚀 SEC Receives Application for VanEck Avalanche ETF
#SEC #VanEck #Avalanche #ETF #cryptocurrency #financialproducts
According to PANews, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application from VanEck for a spot Avalanche ETF. This development marks a significant step in the ongoing expansion of cryptocurrency-based financial products in the United States. The application is part of VanEck's efforts to offer investors exposure to Avalanche, a blockchain platform known for its high throughput and low transaction fees. The SEC's decision on this application will be closely watched by industry stakeholders, as it could influence the future of cryptocurrency ETFs in the market.#SEC #VanEck #Avalanche #ETF #cryptocurrency #financialproducts
🚀 Bitcoin Shows Resilience Amid Altcoin Decline
#Bitcoin #Altcoins #Ethereum #MarketTrends #Cryptocurrency #Trading #Investment #BearishSentiment #TechnicalAnalysis
According to Odaily, Adam, a macro researcher at Greeks.live, released a report highlighting a bearish sentiment towards altcoins among group members. Many traders have reported a 50% decline in their portfolios, with Ethereum and altcoins struggling to surpass the 21-day moving average. In contrast, Bitcoin appears relatively strong, with some traders observing increased buying support. However, traders are closely watching the $88,000 level, considered a key resistance point. Bitcoin's strength compared to altcoins is evident, with one trader noting its significant decoupling from the S&P 500, indicating a divergence from traditional markets.#Bitcoin #Altcoins #Ethereum #MarketTrends #Cryptocurrency #Trading #Investment #BearishSentiment #TechnicalAnalysis
🚀 Glassnode: Bitcoin Faces Strong Resistance at $97K as Selling Pressure Builds
#Bitcoin #Glassnode #Resistance #CryptoMarket #BTC #PriceAnalysis #MarketOutlook #Ethereum #ETFs #Investing
$100K Breakout May Be Delayed as 392K BTC Sit at Break-Even ZoneAs Bitcoin eyes a potential breakout toward $100,000, new data from on-chain analytics platform Glassnode highlights a critical resistance zone at $97,000, where substantial selling pressure could emerge.In its latest report, Glassnode revealed that approximately 392,000 BTC are held by investors whose cost basis is clustered around the $97,000 level. These holders may be inclined to sell at break-even, creating a potential supply barrier that could slow or temporarily cap Bitcoin’s current rally.Cost Basis Cluster Creates Headwind Near $97K“If Bitcoin is to break through the $100,000 mark again, it still needs to overcome considerable supply-side resistance,” Glassnode stated.The cost basis distribution map shows that the $97K level is densely packed with prior buyers who may view the current price zone as an opportunity to exit or de-risk, especially after enduring recent market volatility.This makes $97,000 a key psychological and technical resistance level, not just a round-number checkpoint on the way to six figures.Market Outlook: Bulls Eye $100K, But Supply Wall LoomsBitcoin is currently trading around $94,000–$95,000, following a sharp rebound fueled by ETF inflows, macroeconomic optimism, and institutional buying pressure across major exchanges.While sentiment has flipped bullish in recent sessions, Glassnode cautions that a clean break above $100,000 will require the market to absorb substantial selling volume in the $96K–$98K zone.“This is a region where prior buyers may look to exit positions after recovering from underwater levels,” the report noted.Historical ContextResistance at tightly clustered cost basis levels is a recurring theme in Bitcoin bull markets. Similar zones emerged around $20K in late 2020 and $64K in late 2021, each time resulting in temporary slowdowns or corrections before further continuation.The current challenge at $97K underscores the psychological weight of round numbers, and the importance of spot demand and institutional conviction in overcoming supply walls.#Bitcoin #Glassnode #Resistance #CryptoMarket #BTC #PriceAnalysis #MarketOutlook #Ethereum #ETFs #Investing
🚀 Bitcoin(BTC) Drops Below 93,000 USDT with a Narrowed 3.08% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #marketdata #trading
On Apr 23, 2025, 13:59 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 93,000 USDT and is now trading at 92,928.65625 USDT, with a narrowed narrowed 3.08% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #marketdata #trading
🚀 U.S. Treasury Secretary Emphasizes Cooperation with IMF and World Bank
#USTreasury #IMF #WorldBank #EconomicStability #Cooperation #AmericaFirst #DebtLimits
According to Odaily, U.S. Treasury Secretary Besent stated that the 'America First' policy does not imply isolation. The Trump administration is eager to collaborate with the International Monetary Fund (IMF) and the World Bank, provided they adhere to their missions. Besent emphasized that economic stability and growth should be the benchmarks of the IMF's success, rather than the size of debt limits.#USTreasury #IMF #WorldBank #EconomicStability #Cooperation #AmericaFirst #DebtLimits
🚀 Uniswap Protocol's Swap Volume Surpasses Canada's GDP
#Uniswap #SwapVolume #CanadaGDP #Crypto #Blockchain #UNI
According to Odaily, Uniswap Labs announced on the X platform that the Uniswap Protocol has achieved a swap transaction volume of $2.94 trillion. This figure exceeds the entire GDP of Canada.#Uniswap #SwapVolume #CanadaGDP #Crypto #Blockchain #UNI
🚀 Solana Foundation Implements Policy to Enhance Network Decentralization
#Solana #Decentralization #Blockchain #Validators #DelegationProgram #Crypto #CommunitySupport #SOL
According to PANews, the Solana Foundation has introduced a new policy aimed at strengthening decentralization within its network. The initiative involves adjustments to the Delegation Program, where for each new validator added, three existing validators will be removed if they have been eligible for Solana Foundation delegation on the mainnet for at least 18 months and have less than 1,000 SOL staked outside of the foundation's delegation. This change is designed to reduce reliance on foundation delegation, encourage community-supported validators, and maintain a more efficient and decentralized network.#Solana #Decentralization #Blockchain #Validators #DelegationProgram #Crypto #CommunitySupport #SOL
🚀 🔥 Binance Wallet: ZORA Airdrop Completed, Team Investigating Sell Issue 🔥
#Binance #Wallet #Zora #Airdrop #Tokens #SellIssue #Investigation #ZORATrading #Crypto #Blockchain
Binance Wallet has announced via its official social media channels that the Zora (ZORA) token airdrop has been completed. However, the team has acknowledged that some users are currently experiencing issues when attempting to sell ZORA tokens.“The Zora token airdrop has been completed,” Binance Wallet stated.“We are aware that some users are experiencing issues when attempting to sell Zora tokens. Our team is actively investigating it and will endeavor to resolve the issue asap. We appreciate your understanding and support.”The statement comes shortly after ZORA trading went live on Binance Alpha, where the token was listed under the Seed Tag following its HODLer Airdrop campaign.Team Actively InvestigatingWhile the distribution process has concluded, the inability to sell tokens has affected a segment of users, prompting Binance Wallet’s technical team to launch an internal investigation. #Binance #Wallet #Zora #Airdrop #Tokens #SellIssue #Investigation #ZORATrading #Crypto #Blockchain
🚀 Trump Denies Plans to Fire Fed Chair Powell, Calls Media Reports “False Talk”
#Trump #FederalReserve #JeromePowell #Media #FalseTalk #MarketVolatility #InterestRates #Bitcoin #TreasuryYields #CentralBankIndependence
U.S. President Donald Trump has publicly denied ever planning to remove Federal Reserve Chairman Jerome Powell, dismissing recent speculation as “false talk spread by the media,” according to a report by the Wall Street Journal.“There was never a plan to fire Powell,” Trump reportedly told aides this week. “It was all fake news.”However, behind the scenes, White House officials had taken the idea seriously after Trump repeatedly criticized the Fed and floated the idea of firing Powell in public forums.According to sources cited by the Wall Street Journal, White House legal teams were privately reviewing the feasibility of removing Powell, prompting concerns over potential market disruptions and legal blowback.Internal Pushback Prevented Powell OusterThe discussions came to an abrupt halt earlier this week when Treasury Secretary Jeff Benson and Commerce Secretary Lutnick intervened directly, warning President Trump of the potential consequences.Sources say Benson and Lutnick argued that firing Powell would likely:Trigger volatility in global financial marketsErode investor confidence in U.S. monetary independenceFail to achieve the intended result, since most Fed members are likely to maintain a similar monetary policy stanceLutnick reportedly told Trump that replacing Powell wouldn’t significantly impact interest rates, as other FOMC members were unlikely to adopt a materially different course.Market Impact: Bond Yields Stabilize, Bitcoin SurgesFollowing Trump’s decision to back off from firing Powell, long-term U.S. Treasury yields pulled back, easing market concerns over central bank stability. The clarification also coincided with a surge in Bitcoin, which broke above $94,000 on renewed investor confidence and declining dollar strength.The episode underscores the delicate relationship between U.S. fiscal leadership and central bank independence, especially amid heightened global market sensitivity and ongoing geopolitical uncertainty.#Trump #FederalReserve #JeromePowell #Media #FalseTalk #MarketVolatility #InterestRates #Bitcoin #TreasuryYields #CentralBankIndependence
🚀 Canary Registers Staked SEI ETF in Delaware
#Canary #StakedSEI #ETF #Delaware
According to Odaily, market reports indicate that Canary has registered the Canary Staked SEI ETF in Delaware.#Canary #StakedSEI #ETF #Delaware
🚀 BNB Chain Expands MVB Program With Rolling Applications and Selections
#BNBChain #MVBProgram #Web3 #AI #DeFi #startups #mentorship #funding #launchsupport #ecosystem #DemoDay
New Format Offers Builders Continuous Access to Funding, Mentorship, and Launch SupportBNB Chain has announced a major update to its flagship incubation program, the Most Valuable Builder (MVB) Program. Co-hosted by YZi Labs and CMC Labs, the MVB Program will now accept rolling applications and announce selected projects on an ongoing basis, shifting away from its previous quarterly cohort model.Builders can now apply anytime here and get selected without waiting for the next cohort cycle.The update is aimed at making founder access more inclusive and removing time constraints, allowing early-stage Web3, AI, DeFi, and infrastructure startups to engage with the MVB program as soon as they are ready.MVB 10 Begins in July, Season 9 Demo Day Set for April 24While the MVB 10 cohort is officially set to begin in July 2025, selected teams will now be announced every two weeks, with immediate access to mentorship and ecosystem resources.Meanwhile, MVB Season 9 Demo Day is scheduled for Thursday, April 24, where 16 teams will showcase their projects and pitch to top investors globally. Participants can tune in virtually from anywhere in the world. #BNBChain #MVBProgram #Web3 #AI #DeFi #startups #mentorship #funding #launchsupport #ecosystem #DemoDay
🚀 U.S. Treasury Secretary Reaffirms Commitment to Strong Dollar Policy
#USTreasury #StrongDollar #Besent #IMF #MacroeconomicIssues #USPolicy
According to Odaily, U.S. Treasury Secretary Besent has reiterated the country's commitment to maintaining a strong dollar policy. He noted that the previous administration set a post-war deficit record, and the current government is focused on addressing this issue. Besent emphasized the importance of the International Monetary Fund (IMF) being a transparent institution that pays attention to the critical macroeconomic issues of all member countries.#USTreasury #StrongDollar #Besent #IMF #MacroeconomicIssues #USPolicy
🚀 U.S. Treasury Secretary Benson Reaffirms Commitment to Strong Dollar Policy
#USTreasury #StrongDollar #DXY #Bitcoin #Gold #MarketVolatility #EconomicPolicy #CryptoInvesting #CurrencyStability #FinancialSystem #BTC
Remarks Come Amid Sharp Decline in DXY and Renewed Interest in Bitcoin and GoldU.S. Treasury Secretary Scott Benson stated on Tuesday that the United States remains committed to a strong dollar policy, despite recent market volatility and the dollar index (DXY) dropping to its lowest level in over three years.“The U.S. continues to adhere to a strong dollar policy,” Benson said in prepared remarks during his financial system address in Washington, D.C.The reaffirmation comes as the U.S. dollar has weakened nearly 9% year-to-date, falling to 98.8 — a level last seen in April 2022 — amid heightened concerns over trade tensions, Treasury buybacks, and potential shifts in monetary policy.Market Context: Dollar Weakness, Crypto StrengthThe timing of Benson’s statement is notable as Bitcoin (BTC) and gold have surged to multi-week highs, with investors increasingly viewing both assets as hedges against dollar depreciation and macroeconomic instability.BTC recently crossed $94,000, its highest since early MarchGold hit a new all-time high of $3,382 per ounceEquity markets also remain elevated, with the S&P 500 gaining 2.5% on the dayDespite these moves, analysts suggest Benson’s remarks are intended to calm markets and reinforce the U.S. government’s long-standing currency policy.#USTreasury #StrongDollar #DXY #Bitcoin #Gold #MarketVolatility #EconomicPolicy #CryptoInvesting #CurrencyStability #FinancialSystem #BTC
🚀 Ethereum Foundation's Focus on Investors Highlighted by Vitalik Buterin
#Ethereum #VitalikButerin #Investors #EthereumFoundation #Infrastructure #ETH #ValueStorage #Crypto
According to Odaily, Nick Tomaino, founder of 1confirmation, shared insights on the X platform about his recent conversation with Ethereum co-founder Vitalik Buterin. Tomaino emphasized that the Ethereum Foundation is dedicated to creating a trustworthy and neutral infrastructure for developers. However, he noted that the largest group currently interested in Ethereum consists of ETH investors, suggesting that the foundation should prioritize this demographic. Vitalik Buterin agreed with Tomaino's perspective and expressed enthusiasm for Tomaino's leadership in this area, highlighting ETH as a reliable and internet-native value storage tool. Buterin, while not opposed to business and capitalism, is distinct in his approach, as he does not pursue money and attention like others.#Ethereum #VitalikButerin #Investors #EthereumFoundation #Infrastructure #ETH #ValueStorage #Crypto
🚀 🔥 New SEC Chairman Paul Atkins to Speak at Crypto Roundtable on April 25 🔥
#SEC #PaulAtkins #Cryptocurrency #DigitalAssets #CryptoRegulation #Bitcoin #Ethereum #DeFi #Stablecoins #TokenClassification #BTC #ETH
First Public Remarks on Digital Assets Since Taking OfficeAccording to official SEC sources, newly appointed U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins is scheduled to speak at an upcoming cryptocurrency roundtable on April 25, 2025.This will mark Atkins’ first public address focused specifically on digital assets since assuming the chairmanship earlier this month, and the crypto industry is closely watching for any indications of his regulatory vision for the space.Expectations High After Pro-Crypto Inaugural SpeechAtkins made headlines during his inaugural speech earlier this week, promising to transform the SEC’s digital asset regulatory framework into a more “rational, coherent, and principled” approach. He pledged to ensure that the United States becomes the “best and safest place in the world” for crypto innovation and operations.The upcoming roundtable is expected to build on that momentum, offering greater clarity around his stance on key regulatory topics, including:Spot Bitcoin and Ethereum ETFsDecentralized finance (DeFi) and DAO regulationStablecoin frameworksToken classification and registration pathways #SEC #PaulAtkins #Cryptocurrency #DigitalAssets #CryptoRegulation #Bitcoin #Ethereum #DeFi #Stablecoins #TokenClassification #BTC #ETH
🚀 Los Angeles Police Seize $2.7 Million in Stolen Bitcoin Mining Equipment
#LosAngeles #Police #Bitcoin #MiningEquipment #Theft #Crime #Recovery #Investigation #BTC
According to Odaily, the Los Angeles Police Department has successfully resolved a theft case, recovering Bitcoin mining equipment valued at $2.7 million. Other stolen items included tequila, pet food, and coffee. Two suspects linked to a South American crime group have been apprehended. The investigation is ongoing, and additional arrests may follow. The police have not yet disclosed how they plan to handle the recovered Bitcoin mining machines.#LosAngeles #Police #Bitcoin #MiningEquipment #Theft #Crime #Recovery #Investigation #BTC
🚀 Bitcoin(BTC) Drops Below 92,000 USDT with a Narrowed 1.09% Increase in 24 Hours
#Bitcoin #BTC #cryptocurrency #USDT #Binance #marketdata #trading #priceupdate
On Apr 23, 2025, 15:28 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 92,000 USDT and is now trading at 91,983.71875 USDT, with a narrowed narrowed 1.09% increase in 24 hours.#Bitcoin #BTC #cryptocurrency #USDT #Binance #marketdata #trading #priceupdate