BlackRock’s BUIDL goes multichain

The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and its impact on Ether's price, the futures open interest remained above $20.5 billion, which is 5% below the previous month.After the sell-off, there were…

Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole. Currently, Tether (USDT) and…

A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.

In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games have an advantage over traditional gaming business models. In other news, learn about how OpenSea is implementing…

The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose.Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on whether the Federal Reserve plans to launch a national digital currency,…

The company’s Circom technology has been tested by Deutsche Bank and HSBC, among others. Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World.  According to a Feb.

Issuers are lining up for the next wave of cryptocurrency exchange-trade funds.

The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The development was reported by Indian tech startup news source Inc42 on April 3.Amit Bhardwaj and his brother, Vivek Bharadwaj, have succeeded in their appeal for interim bail, which…