CryptoCryptocurrency

MoonPay has acquired crypto key management firm Sodot in a deal reportedly worth around $100 million, while launching a new institutional division to expand beyond retail services.

Bitcoin fell below the $76,000 level after Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz, raising fears of escalating geopolitical tensions.

Meta has begun offering content creators the option to receive earnings in USDC stablecoin via crypto wallets on Solana and Polygon, marking its return to digital payments after abandoning its Diem project.

Canada’s Department of Finance has proposed a nationwide ban on Bitcoin and crypto ATMs as part of efforts to curb rising fraud targeting vulnerable individuals.

Thom Tillis has called for the Senate Banking Committee to vote on the long-delayed Clarity Act when lawmakers return in mid-May, signalling renewed momentum for US crypto legislation.

Stable Sea has integrated WisdomTree’s tokenised US Treasury money market fund into its platform, enabling businesses to earn yield on idle cash through blockchain-based infrastructure.

Ethereum is facing renewed selling pressure concerns after Galaxy Digital transferred 45,000 ETH worth over $100 million to major exchanges.

PUMP token rose more than 6% in 24 hours after Pump.fun burned roughly $370 million worth of tokens, significantly reducing circulating supply.

Solana has fallen about 71% from its 2025 peak, with Fidelity pointing to a key onchain metric suggesting a potential rebound despite ongoing price weakness.

Bitcoin has rebounded roughly 20% from its February lows, with Bitwise CIO Matt Hougan attributing much of the rally to aggressive buying by Strategy.

More than 100,000 Polymarket accounts have recorded losses of at least $1,000 since January 2025, according to a Bloomberg analysis highlighting widespread retail underperformance.

Galaxy Digital reported a $216 million net loss for the first quarter as a roughly 20% decline in the crypto market weighed on its investment portfolio.