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CryptoSlate

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Ripple eyes major roles for XRP, RLUSD, and XRPL following $1.25 billion Hidden Road acquisition
Ripple is set to acquire global prime brokerage platform Hidden Road for $1.25 billion. According to an April 8 statement, this acquisition makes Ripple the first crypto-native firm to own and operate...

US DOJ disbands crypto enforcement team amid policy shift under Trump
The US Department of Justice (DOJ) has reportedly shut down the National Cryptocurrency Enforcement Team (NCET), its specialized division tasked with investigating crypto-related crimes. The move, con...

BlackRock adds new Bitcoin custodian Anchorage Digital alongside Coinbase
BlackRock has expanded the custodial structure of its iShares Bitcoin Trust (IBIT), formalizing Anchorage Digital Bank N.A. as an additional Bitcoin custodian through a new Master Custody Service Agre...

Trump-backed World Liberty Financial proposes USD1 stablecoin airdrop
World Liberty Financial (WLFI), the DeFi venture partly owned by US President Donald Trump, has launched a proposal to distribute its upcoming stablecoin, USD1, to existing WLFI token holders. The ini...

Bitcoin may spike with China yuan devaluation amid trade conflict with US
Bitcoin could emerge as a major winner from the intensifying trade conflict between the United States and China. Arthur Hayes, co-founder of BitMEX, believes aggressive monetary policy responses, part...

Australia shutters crypto scam network linked to $35M in global losses
Australia’s financial regulator has shut down 95 companies linked to crypto and romance scams. On April 7, the Australian Securities and Investments Commission (ASIC) announced that the Federal Cour...

Bitcoin ETFs see sharp $103 million outflow as market reacts to US-China war
On April 7, total spot Bitcoin ETF outflows reached $103.9 million, with no funds reporting inflows. Ark (ARKB) saw a $4.7 million outflow, Invesco (BTCO) shed $12.9 million, Valkyrie (HODL) and WTree...

XRP climbs 7% as first leveraged ETF set to launch on NYSE
The New York Stock Exchange (NYSE) has approved listing a new exchange-traded fund (ETF) tied to XRP. The Teucrium 2x Long Daily XRP ETF (XXRP) will launch on April 8 and aims to deliver twice the dai...

Tracking Bitcoin bills: A state-by-state breakdown of US crypto legislation
The post Tracking Bitcoin bills: A state-by-state breakdown of US crypto legislation appeared first on CryptoSlate....

Stablecoin loan repayments flag early signs of Ethereum volatility, report finds
Repayments of on-chain loans using stablecoins can often serve as an early warning indicator of liquidity shifts and volatility spikes in Ethereum’s (ETH) price, according to a recent Amberdata repo...