The Facts.
Crypto

Crypto firms moving into Wall Street territory amid ‘growing synergy’

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players

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Crypto

Oregon AG lawsuit against Coinbase calls XRP unregistered security

Oregon Attorney General Dan Rayfield’s lawsuit against Coinbase argues that XRP and other digital assets are unregistered securities. Rayield sued US-based, publicly traded crypto exchange Coinbase for allegedly violating Oregon’s securities law. In an April 18 announcement, the Oregon Department of Justice said the suit was part of an effort to fill what it described

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Crypto

XRP price holds above key trendline — Can whale accumulation push it to $3?

XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend. Onchain and technical data now show that the XRP/USD pair is well-positioned for a breakout toward $3.00. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP whale accumulation

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Crypto

Solana whale sits on $153M profit after 4-year staking play

A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset.  Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time of the staking, Solana tokens

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Crypto

Mixed sentiment as crypto funds see modest $6M inflows — CoinShares

Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows after shedding more than $1 billion in outflows in the previous two weeks. Crypto investment products saw modest inflows of $6 million during the week of April 14–18, reflecting mixed investor sentiment, CoinShares reported on April 22. “While the week began with

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Media

Lockheed Martin’s quarterly profit rises on resilient defense demand

Lockheed Martin reported a higher first-quarter profit on Tuesday and reaffirmed its forecasts for the year on the back of resilient demand. ​Read More

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Crypto

Gold is money, says Peter Schiff as price hits $3,500 ATH

Amid gold reaching new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the crypto community. “Gold is not just any commodity, it’s money,” Schiff wrote in an X post on April 22 after gold prices briefly broke above $3,500.

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Crypto

Coinbase considering applying for US bank license

US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter. In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, a company spokesperson said. “This is something Coinbase is actively considering but has not made any formal decisions yet,” the

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Crypto

Bitcoin acting "less Nasdaq" and more like gold, despite 60% recession odds

Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against global economic disruption. Bitcoin’s (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according

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Crypto

Polygon NFTs overtake Ethereum collectibles in 7-day sales

Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days.  On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last week’s overall NFT sales volume, which reached $92.9

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