Smart money still hunting for memecoins despite end of ‘supercycle’
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">The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump.The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders on Nansen’s blockchain intelligence platform — continue hunting for quick memecoin returns.While growing stablecoin holdings show increased caution, smart money remains open to speculative plays, https://x.com/Cointelegraph/status/1908145005933277529
Here’s what happened in crypto today
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">Today in crypto, Bitcoin creator Satoshi Nakamoto turns 50 as their creation becomes a US reserve asset, and a US Securities and Exchange Commission (SEC) commissioner and known crypto critic pushed back against the agency’s new stablecoin statement after it issued new guidelines.Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve assetSatoshi Nakamoto, the pseudonymous creator of Bitcoin, https://cointelegraph.com/news/satoshi-nakamoto-50-bitcoin-becomes-us-reserve-asset
.According to the new guidelines, covered stablecoin issuers must never co-mingle asset reserves with operational capital or offer tokenholders interest, profit, or yield opportunities. Additionally, the covered stablecoin issuers must never use their reserves for investing or market speculation.
Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off
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">Bitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&P 500.The S&P 500 posted a $5 trillion loss in https://cointelegraph.com/explained/crypto-token-supplies-explained-circulating-maximum-and-total-supply
Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset
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" alt="Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset">Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past. https://web.archive.org/web/20120529203623/http://p2pfoundation.ning.com/profile/SatoshiNakamoto
SEC paints 'a distorted picture' of USD-stablecoin market — Crenshaw
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">US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines.However, many in the crypto industry see the SEC’s decision as a step in the right direction.In an April 4 statement, Crenshaw, widely known for opposing the spot Bitcoin ETFs, https://www.sec.gov/newsroom/speeches-statements/crenshaw-statement-stablecoins-040425?utm_medium=email&utm_source=govdelivery#_ftn1
Codex to build stablecoin-only blockchain, disavowing ‘general-purpose’ chains — Report
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">Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets. The seed round was led by Dragonfly Capital, with additional participation from Coinbase, Circle, Cumberland Labs, Wintermute Ventures and others, Codex told https://fortune.com/crypto/2025/04/04/codex-seed-round-dragonfly-coinbase-circle-15-8-million/
Stablecoin firm Circle mulls IPO delay amid economic uncertainty — Report
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">Stablecoin firm Circle, the issuer of the USDC (https://cointelegraph.com/usdc-price-index
PayPal, Venmo to roll out Solana, Chainlink transfers
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" alt="PayPal, Venmo to roll out Solana, Chainlink transfers">Global payments platform PayPal has expanded its cryptocurrency offerings to include Chainlink (https://cointelegraph.com/chainlink-price-index
Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec
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">The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.While the US is home to Bitcoin (https://cointelegraph.com/bitcoin-price
Malta regulator fines OKX crypto exchange $1.2M for past AML breaches
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">Cryptocurrency exchange OKX is under renewed regulatory scrutiny in Europe after Maltese authorities issued a major fine for violations of Anti-Money Laundering (AML) laws.Malta’s Financial Intelligence Analysis Unit (FIAU) has fined Okcoin Europe — OKX’s Europe-based subsidiary — 1.1 million euros ($1.2 million) after detecting multiple AML failures on the platform in the past, the authority https://fiaumalta.org/app/uploads/2025/04/Publication-Notice_03042025-3.pdf
Genius Group says it’s been banned from buying more Bitcoin
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">Singapore-based artificial intelligence firm Genius Group says it’s temporarily barred from expanding its Bitcoin treasury after a US court order has banned it from selling shares, raising funds and using investor funds to buy more Bitcoin.A New York District court issued the preliminary injunction (PI) and temporary restraining order (TRO) on March 13 in connection with a broader dispute surrounding its merger with Fatbrain AI, the Genius Group https://ir.geniusgroup.net/news-events/press-releases/detail/176/genius-group-blocked-from-raising-funds-and-buying-bitcoin
The stock hit an all-time high of over $96 in June 2022 but has since lost over 99% of its value.
FDUSD stablecoin depegs following claims made by Justin Sun
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" alt="FDUSD stablecoin depegs following claims made by Justin Sun">The First Digital US-dollar pegged stablecoin (https://cointelegraph.com/first-digital-usd-price-index
This is a developing story, and further information will be added as it becomes available.
Most opportune time to buy Bitcoin? Now — Bitwise CIO Matt Hougan explains why
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">If you’ve ever wondered when is the right time to invest in Bitcoin (BTC), you won’t want to miss our latest interview with Matt Hougan. As the chief investment officer at Bitwise, Hougan provides an in-depth analysis, explaining why, from a risk-adjusted perspective, there has never been a more opportune time to buy Bitcoin.In our discussion, Hougan lays out a compelling argument: Bitcoin’s early days were filled with uncertainty — technology risks, regulatory threats, trading inefficiencies, and reputational concerns. Fast forward to today, and those risks have significantly diminished. The launch of Bitcoin ETFs, adoption by major institutional investors, and even the US government’s strategic Bitcoin reserve have all cemented its place in the global financial ecosystem. “Bitcoin is only 10% of gold. So just to match gold, which I think is just a stopping point on its long-term journey, it has to ten-x from here,” he said. But that’s just the beginning. Hougan also touches on Bitcoin’s long-term price potential, why institutional adoption is about to accelerate, and how market fundamentals could push Bitcoin to new heights. “There's just too much structural long-term demand that has to come into this market against a severely limited new supply,” he said.https://youtu.be/aBn8nvGdw34
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Trader uncovers signs XRP price may have bottomed — Is a rally to $3.80 next?
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">XRP (https://cointelegraph.com/xrp-price-index
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
UK trade bodies ask government to make crypto a ‘strategic priority’
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">Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.In a March 31 https://www.linkedin.com/feed/update/urn:li:activity:7312864255559544832/
US lawmaker will reintroduce crypto retirement bill to help Trump agenda
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" alt="US lawmaker will reintroduce crypto retirement bill to help Trump agenda">For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.In a March 31 Fox News interview, Sen. Tuberville https://www.youtube.com/watch?v=YKw408AoueQ
This is a developing story, and further information will be added as it becomes available.
Crypto ETP outflows, explained — What investors need to know
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"> What are crypto ETP outflows? Crypto ETPs give exposure to digital assets via traditional financial instruments. When more money exits these products rather than entering them, it is known as an “outflow” rather than an “inflow” — i.e., more people are selling than buying. Crypto exchange-traded products (ETPs) hold crypto assets as their underlying commodity. The goal is for them to provide an exchange-traded investment for investors who want exposure to crypto without directly buying the digital assets. Many investors, particularly institutions, prefer this method, as it opens up crypto investing within traditional financial instruments. There is no need to venture into unregulated market areas or take responsibility for the security and safety of crypto assets. There are https://cointelegraph.com/learn/articles/etp-vs-etf
have gained significant attention following their approval and launch. These new products have even seen inflows despite downturns in Bitcoin and Ether ETPs.As the crypto market continues to evolve, the launch of new ETPs is likely to drive further innovation and attract a broader range of investors. With increasing regulatory clarity and growing institutional interest, future offerings may expand to include other promising cryptocurrencies. As a result, you can expect continued diversification in the crypto ETP space, with potential for increased inflows and new market opportunities, even amid fluctuations in established assets like BTC and ETH.
zkLend hacker claims losing stolen ETH to Tornado Cash phishing site
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" alt="zkLend hacker claims losing stolen ETH to Tornado Cash phishing site">The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds.In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have lost 2,930 Ether (https://cointelegraph.com/ethereum-price
Crypto funds see $226M of inflows, but asset values slump — CoinShares
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">Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.Global crypto ETPs posted $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares https://blog.coinshares.com/volume-227-digital-asset-fund-flows-weekly-report-b8acc1fc9411
DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possible
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">Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack. The hack, which occurred March 30, was initially detected by blockchain security firmshttps://x.com/TenArmorAlert/status/1906268185046745262
