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Source: Cointelegraph.com

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US DOJ sentences man to 70 months in prison for role in $263M scam group
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Read full article
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Bitcoiners cast doubt on the US military's understanding of the network
Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo's Senate testimony on Tuesday sounded like it was written by an "intern." Read full article
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CFTC sues New York over bid to apply gambling laws to prediction markets
The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. Read full article
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Bitcoin traders eye $73K next as weekly trend line holds price hostage
Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels. Read full article
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Kalshi, Polymarket among 27 prediction platforms banned in Brazil
Brazil has blocked 27 prediction market platforms, including Kalshi and Polymarket, as new rules classify many contracts as gambling. Read full article
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XRP may rise 30% as traders withdraw 35M tokens from exchanges in a day
Recent XRP outflow spikes have often come before short-term price rallies, signaling a potential move higher in May if the pattern repeats. Read full article
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Spot Bitcoin ETFs see 9-day inflow streak as investors show resilience
US spot Bitcoin ETFs recorded $2.12 billion in inflows over nine days, signaling growing conviction among investors. Read full article
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Hyperliquid whale holds $38M short against Bitcoin, but does it matter?
A Hyperliquid whale holds large short positions against Bitcoin and several altcoins. Does the position provide any signal on the markets’ future outcomes? Read full article
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US authorities freeze $344M in crypto linked to Iran
The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement. Read full article
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Bitcoin developer Paul Sztorc announces BTC hard fork called eCash
The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc's announcement. Read full article
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Top memecoin holders expected to attend Trump luncheon
The US President has confirmed his attendance for the Florida event, but it's unclear whether Tron founder Justin Sun, suing the Trump family's crypto business, will appear. Read full article
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Aurelion allocates $48M in tokenized gold to newly launched yield protocol
The XAUE protocol lets holders earn yield on tokenized gold through lending and trading strategies while maintaining exposure to the underlying asset. Read full article
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Quantum computer breaks 15-bit elliptic curve cryptographic key
The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away. Read full article
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Crypto PAC Fellowship halts support of Texas AG for Senate: Report
After reporting more than $1.7 million to election officials, a crypto-aligned political action committee has reportedly backed out of advertising for a Texas Senate candidate. Read full article
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Bitcoin stays 'stalled' at $78K as oil threatens new risk-asset squeeze
Bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk. Read full article
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Crypto Biz: Same players, bigger bets as crypto eyes a rebound
Familiar players ramp up Bitcoin and Ether bets as markets hint at a rebound, while institutions test blockchain rails and US lawmakers stall on crypto rules this week. Read full article
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Solana confirms a bullish signal, which last sparked 100% SOL price gains
A bullish signal from Solana’s MACD indicator hinted at a potential rally, though resistance at $90 could delay the recovery. Read full article
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Nakamoto taps Bitwise and Kraken for Bitcoin options strategy to hedge risk
Nakamoto launched a Bitcoin derivatives program with Bitwise and Kraken, aiming to generate options premiums and hedge part of its BTC treasury exposure. Read full article
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South Africa draft bill would tighten crypto capital controls
South Africa’s draft capital flow rules would bring crypto under exchange controls, with declaration duties, transaction limits and tougher penalties. Read full article
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Strategy stock beats Bitcoin after rising 25% in a month: BTC bottom in?
Historically, MSTR’s outperformance signals traders are taking more risk, betting Bitcoin’s worst drawdown phase may be over. Read full article
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ECB signs standards deals to cut digital euro integration costs
The ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants. Read full article
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China’s new online marketing rules tighten ban on crypto promotions
China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK. Read full article
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Zondacrypto CEO goes off radar as Poland probe deepens
Polish prosecutors are investigating Zondacrypto over alleged fraud and fund access issues, while local media report that CEO Przemysław Kral is in Israel. Read full article
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Bitcoin price set for best gains since Q4 2024 with $77.5K monthly close
Bitcoin price action has one more week to go until it potentially achieves its biggest month's gains since late 2024. Read full article
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Succinct launches iPhone app to cryptographically verify photos
Cryptography company Succinct launched Zcam, an iPhone camera app that signs photos and videos at capture to help prove media authenticity in the AI era. Read full article
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Wisconsin sues Kalshi, Polymarket, others over sports event contracts
Wisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets. Read full article
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XRP price risks 40% decline versus Bitcoin despite 9-day ETF inflow streak
Spot XRP ETFs record net inflows for nine consecutive days, absorbing sell pressure and potentially supporting XRP price recovery over time. Read full article
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Metaplanet raises $50M in zero-interest bonds to buy more Bitcoin
Metaplanet raises $50 million through zero-interest bonds from EVO FUND to expand its Bitcoin treasury, extending its capital markets-driven accumulation strategy. Read full article
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White House confirms Trump to address memecoin gala on Saturday
US President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule. Read full article
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US DOJ strike force 'restrains' $701M in crypto in ongoing scam crackdown
Besides freezing crypto, the strike force also seized a Telegram channel used to recruit unsuspecting job seekers and took down 503 fake crypto investment websites. Read full article
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Jane Street asks US court to toss Terraform’s insider trading suit
Jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated. Read full article
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Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Read full article
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US vows to fight ‘industrial scale’ AI theft by Chinese firms
The White House’s office of technology policy said that foreign entities are using proxy accounts and jailbreaking techniques to distill capabilities from American AI models. Read full article
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Crypto protocols pledge 43K ETH to restore rsETH backing
Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Read full article
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US soldier charged over $400K Polymarket bet on Maduro’s capture
US prosecutors alleged that Gannon Ken Van Dyke asked Polymarket to delete his account after profiting from trades tied to the military operation in Venezuela. Read full article
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Critical Bitcoin trend change in works, but analysts say daily close above $80K required
Bitcoin’s rally above $79,000 may be a sign that the downtrend is ending, but a multi-day candle close above $80,000 would help strengthen the odds of a trend change holding. Read full article
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Altcoins have ‘30% to 60%’ upside if Bitcoin taps $86K: Analyst
MN Trading Capital founder Michael van de Poppe doesn’t expect Bitcoin to drop below $75,000 in the near term, even as Polymarket traders price in a different outcome. Read full article
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