Illinois is preparing to drop its lawsuit against Coinbase over its crypto staking program, joining a growing list of U.S. states backing away from legal action against the crypto exchange. A spokesperson for Illinois Secretary of State Alexi Giannoulias confirmed the decision, although no specific timeline was provided for when the case will be officially withdrawn.

The Depository Trust & Clearing Corporation (DTCC) has launched a new tokenized real-time collateral management platform, signaling a major institutional commitment to decentralized finance infrastructure in the United States. The initiative is built as an AppChain and represents the first industry-wide use of a blockchain-native financial network to facilitate digital asset-backed collateral operations across markets.

Analysts attribute the DeFi TVL fall-off to a harsh macro environment and the ecosystem's lack of accessibility.

Opinion by: Merav Ozair, PhD Tech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will claim our jobs and act as our autonomous assistants performing on our behalf in our professional and personal lives. Whether these scenarios happen in a few years or are decades away, we will most likely evolve into that future in some manner, and technology, once again, will reshape our lives.

Major cryptocurrencies like Bitcoin, Solana, and Ethereum have dropped following Trump's Liberation Day tariffs announcement. However, analysts believe a crypto rally could be on the horizon.

The crypto market has hit a rough patch, sliding to $2.65 trillion after a 1.02% dip in the last 24 hours. Bitcoin, Ethereum, and XRP had their moment earlier this week, rallying before tumbling as global markets reacted to U.S. tariff news.

AMP crypto surged by as much as 20% today, ahead of its listing on South Korea's Bithumb exchange. AMP (AMP) rose to an intraday high of $0.

The US Senate Banking Committee will conduct a confirmation hearing next Thursday, where it will question Federal Reserve Governor Michelle Bowman on her nomination to become the central bank's new Vice Chair for Supervision.

Crypto markets experienced sharp ups and downs on Wednesday and Thursday ahead of President Trump's tariff announcement, which imposed a 10% fee on all imports. Major tokens like Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP rallied before the speech but quickly dropped as global markets declined, erasing earlier gains.

Police Scotland says serious and organized crime groups are increasingly turning to cryptocurrency, contributing to a 2,000% rise in related cases since 2019.

The U.S. House Financial Services Committee has voted to advance a bill aimed at establishing a regulatory framework for stablecoins, with 32 members in favor and 17 opposed.

Lawmakers in the United States have advanced a bill opposing the creation of a central bank digital currency. On April 2, the US House Financial Services Committee passed the CBDC Anti-Surveillance State Act (H.R.

Investors are eyeing the next crypto tokens to buy as the crypto market prepares for recovery after this dump. Additionally, the anticipation of market recovery, or more specifically, crypto bull runs, are rising as the job cuts and other macroeconomic factors imply.

The upcoming Senate Banking Committee hearing on Michalle Bowman's nomination as Fed Vice Chair for Supervision is drawing intense attention from the cryptocurrency industry. If confirmed, Bowman will play a crucial role in shaping regulations on banks' involvement with digital assets. As concerns about debanking and financial oversight are mounting, crypto advocates are watching closely.

In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking to the U.S. regarding crypto and stablecoin regulation to follow suit. For stablecoins, this is a pretty straightforward matter, he assessed. Circle Believes the World Is Looking Toward the U.S.

The Commodity Futures Trading Commission (CFTC), the U.S. authority overseeing the derivatives markets, has recently announced the withdrawal of two important guidelines in the crypto sector, marking a substantial change in the regulatory approach of the United States towards the industry. The directives, withdrawn with immediate effect on March 28, were introduced at a time when the cryptocurrency industry was facing increasing scrutiny from regulators. According to what was stated by the CFTC itself, the withdrawal of the guidelines reflects the increased experience of the staff in managing derivative products based on cryptocurrencies, as well as the growth and maturity of the market.

The US House Financial Services Committee advanced both the CBDC Anti-Surveillance State Act, and the STABLE Act.

Altcoins may be gearing up for one last major rally in the current market cycle, but only those with real-world utility and strong network activity are likely to benefit. The post Analyst Predicts Final Altcoin Rally This Cycle, Utility and Network Strength Key to Gains appeared first on Cryptonews.

Online battle royale shooter Fortnite has just added a new secret “Dill Bits” server mine location to its latest map update — prompting a small spike in an otherwise obscure memecoin. Videos on social media show a new “Dill Bit” server farm location in the game — made to look like a cryptocurrency mining operation.

The first quarter of 2025 was a turbulent period for web3, with AI and social dApps gaining traction while decentralized finance suffered a sharp decline.

About 55 million Americans, or 21% of adults, now own crypto, showing its growing role in everyday financial life, a study shows. The post Over 50 Million Americans Now Use Crypto — With Most Users Seeing Value, Study Finds appeared first on Cryptonews.

The U.S. Senate Banking Committee recently held a crucial vote to advance President Trump's nominees for key financial roles. In a 13-11 party-line decision, the committee approved Paul Atkins to be the next Chair of the Securities and Exchange Commission (SEC) and Jonathan Gould as Comptroller of the Currency.

A US congressional committee has approved a bill to block the launch of a government-backed digital currency.

CZ will soon cooperate in the “development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic.” The post Kyrgyzstan President Office Signs MoU With Changpeng Zhao in Crypto Push appeared first on Cryptonews.

Gemini expands to Miami amid easing regulatory pressure while Velora, formerly ParaSwap, unveils a major upgrade to enhance DeFi trading and minimize MEV risks.

The former CEO of Binance, Changpeng Zhao (CZ) has revealed that Kyrgyzstan, a country that was originally skeptical about crypto, has adopted it.

Friday has arrived again, which means another batch of Bitcoin options is due to expire. Meanwhile, spot markets have been reeling from Trump's reciprocal tariff announcement this week.

Will Fidelity flip BlackRock's crypto dominance anytime soon?

The crypto market tumbled 3% Friday, with Bitcoin briefly dropping 6%, as Trump's new tariffs sparked fears of a global slowdown. The post Crypto Market Slides 3% As Trump's Sweeping Tariffs Rattle Assets, Recession Fears Mount appeared first on Cryptonews.

Altcoins may have just one last rally this cycle, but only those with real utility and strong network activity will see price gains, according to an analyst. “I think there will be one more breadth thrust from altcoins.

Binance is targeting untapped crypto talent through its Seeds program, offering mentorship, real-world training, and full-time roles to early-career professionals and university graduates.

Gemini, backed by Cameron and Tyler Winklevoss, intends to move into a South Florida office space as the US Securities and Exchange Commission (SEC) enforcement case may have reached its end.

The state would become the fourth to withdraw its legal actions against the crypto exchange. Six other cases are pending.

Almost half of Brazilian investors have put their money into crypto, a new survey has found, with adoption rising in the wider Latin American region. The post 42% of Brazilian Investors Have Bought Crypto – Survey appeared first on Cryptonews.

Editor's Note: A typographical error in the headline of this story has been corrected. Cryptocurrency bettors sharply upped the odds of a U.S. recession Thursday following President Donald Trump's worse-than-expected "Liberation Day" tariff rollout.

Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country's foreign investment agency.“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.

Senator Elizabeth Warren and Representative Maxine Waters have formally requested transparency from the U.S. Securities and Exchange Commission (SEC) concerning potential conflicts of interest involving President Donald Trump's family and their ties to World Liberty Financial (WLF), a cryptocurrency firm.

Minnesota Republicans' Anti-CBDC Act passes key committee, aiming to curb federal surveillance through digital currencies.

Unicorn's CEO is urging the SEC to drop its probe against his company, pointing to recent dismissals of multiple high-profile cases.

On April 2, 2025, the U.S. House Financial Services Committee passed the Anti-CBDC Surveillance State Act, a bill introduced by House Majority Whip Tom Emmer, by a 27-22 vote.

CLS Global, a UAE-based financial services firm, has been fined $428,059 after admitting to wash trading in U.S. cryptocurrency markets.

Controversies surrounding token listings, the depegging of the FDUSD stablecoin, and allegations of unethical behavior have raised a crucial question: Is Binance losing its credibility?

Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm.“Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector's 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the same period.

The Japanese megabank Mitsubishi UFJ Trust and Banking is set to issue the nation's first fiat-pegged stablecoin. The post Mitsubishi UFJ ‘On Verge of Launching Japan's First Stablecoin' appeared first on Cryptonews.

Illinois plans to drop its lawsuit against Coinbase over staking services, joining other states in easing legal actions, though some cases remain open, reflecting shifting regulatory dynamics in the crypto industry. The post Illinois Drops Coinbase Staking Lawsuit, Following Other U.S. States appeared first on Cryptonews.

As President Donald Trump's latest tariff announcements sent shock waves through global markets, the cryptocurrency sector found itself caught in the crossfire, raising questions about the long-term implications for crypto and blockchain. The immediate reaction in the crypto market was one of volatility.

Paul Atkins' SEC chair nomination was approved by a 13-11 vote in the Senate Banking Committee. He advocates for clearer crypto regulations, citing issues like FTX's collapse due to unclear policies.

As traditional markets show clear signs of an impending recession, the crypto space is not immune from damage. Liquidations are surging as the overall crypto market cap mirrors declines in the stock market.