Crypto News
Crypto Advocate Kristin Smith to Exit Blockchain Association for New Solana Group
Kristin Smith, the longtime chief executive of the Blockchain Association, a leading lobbying group for crypto policy in Washington, is leaving next month to take a role as president of the new Solana Policy Institute, according to a Tuesday announcement."I am incredibly proud of what we’ve accomplished together and confident that the organization’s future is bright," Smith said in a statement.Earlier this week, Miller Whitehouse-Levine founded the organization and announced his position as CEO shortly after stepping down from the Defi Education Fund.Though the group hasn't yet clarified its source of funding, its website said it will focus its message on "how decentralized networks like Solana are the future of the digital economy."Smith has led the Blockchain Association for almost...
Dogwifhat Abandons Las Vegas Sphere Plans, Team to Refund Nearly $700K
Organizers claim that nearly $700K worth of refunds are coming as plans to put Dogwifhat on the Las Vegas Sphere failed to materialize.Source link
$10.1B Floods Into Stablecoins in March — Sector Sees Major Capital Inflow
The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning of the year with an infusion of $31.590 billion. March alone accounted forSource link
Is Hope a Strategy? Bitcoin Reclaims $85K Ahead of Trump ‘Liberation Day’ Tariff Announcement
Recently very shaky risk assets — crypto among them — are attempting a rally on Tuesday, perhaps. buoyed by chatter that Donald Trump's tariffs won't be as stringent as feared.In early afternoon U.S. action, bitcoin (BTC) had climbed to just above $85,000, ahead 2.1% over the past 24 hours. Previously really roughed up crypto majors like ether (ETH), dogecoin (DOGE) and cardano (ADA) had put in gains of roughly twice that amount.Crypto stocks are also performing well, with bitcoin miners Core Scientific (CORZ) and CleanSpark (CLSK) jumping almost 10% on the day. Strategy (MSTR) is up 5.4% and Coinbase (COIN) 2.1%.U.S. stocks reversed early session losses to turn higher as well, with the Nasdaq now ahead just shy of 1%...
Top Lawmaker Shuts Down Coinbase Plea for Interest-Bearing Stablecoins
House Financial Services Chair French Hill said there is no consensus on Capitol Hill to allow stablecoins to generate yield for users, dismissing the pleas from industry leaders like Coinbase CEO Brian Armstrong.Source link