CryptoFrontNews (CFN) delivers the latest in cryptocurrency with real-time updates, expert analyses, and in-depth articles on digital currencies and blockchain.
SEC Says Some Crypto Interfaces May Skip Broker Rules
SEC guidance allows crypto interfaces to avoid broker rules if they remain neutral and do not provide trading advice or influence execution.
Platforms must use objective routing criteria, disclose fees and conflicts, and avoid promoting “best price” or biased execution paths.
Exemption is narrow and temporary, excluding custody, execution, or advisory services, which still require broker registration.
The U.S. Securities and Exchange Commission said Monday that certain crypto user interfaces may avoid broker-dealer registration under specific conditions. The statement, issued by the Division of Trading and Markets, outlines how these tools can operate within existing laws. It forms part of Project Crypto and aims to clarify how federal securities rules apply to digital asset activities.
Conditions Define Scope of Exemption
According to the U.S. Securities and Exchange Commission, the guidance applies to “covered user interfaces.” These include websites, mobile apps, and browser tools linked to self-custodial wallets. They help users prepare and send transactions involving crypto asset securities on blockchain systems.
However, the staff said these interfaces must remain neutral. Providers cannot recommend trades or influence execution choices. They also must avoid using terms such as “best price” when presenting trading routes.
Notably, users must control all trade decisions, including price and size. In addition, systems must rely on objective and pre-disclosed criteria when routing transactions. The agency said it will not object if providers meet these conditions.
Disclosure and Operational Limits
The SEC also detailed strict disclosure requirements for interface operators. Providers must clearly explain fees, conflicts, and any links to trading venues. Moreover, fee structures must remain fixed and unrelated to trade outcomes.
However, the guidance restricts how platforms present market data. Interfaces cannot prioritize routes based on editorial judgment or incentives. Instead, users should filter options using neutral metrics such as speed or price.
The staff also requires ongoing evaluation of connected trading venues. Providers must assess liquidity, security, and transparency using consistent standards. Default settings must follow objective criteria and undergo regular review.
Statement Remains Temporary and Limited
The SEC clarified that the statement does not create binding rules. Instead, it reflects current staff views under the Securities Exchange Act of 1934. The agency said the framework will remain in place for five years unless updated.Importantly, the exemption remains narrow in scope. It does not apply to firms that execute trades, custody assets, or provide investment advice. Platforms performing those functions must still register as broker-dealers.
The post SEC Says Some Crypto Interfaces May Skip Broker Rules appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CLARITY Act: Banking Members Warns Stablecoin Yield Could Drain Deposits
ABA argues stablecoin yield could shift deposits away from banks, increasing funding costs and tightening credit supply.
Larger $1T–$2T stablecoin market could amplify deposit migration, especially impacting community banks and local lending.
Higher funding costs may force banks to raise rates or cut lending, reducing credit availability for households and SMEs.
The American Bankers Association challenged a recent White House Council of Economic Advisers report on payment stablecoins, arguing it misses key risks. The response followed the CEA paper examining lending impacts if issuers cannot pay yield. ABA said the analysis overlooks how allowing yield could drive deposit outflows and raise bank funding costs.
From Prohibition to Deposit Flight Risk
According to the American Bankers Association, policymakers should examine the effects of allowing stablecoin yield, not banning it. The group said the CEA framed prohibition as the intervention, which narrows the policy debate. However, ABA warned this framing aligns with industry narratives and understates broader risks.
The CEA paper estimated that banning yield could raise bank lending by about $1.2 billion. However, ABA described that figure as small relative to typical quarterly lending changes. It added that the estimate does not address future impacts as stablecoins expand.
Notably, the report used a current market size of about $300 billion. ABA said that baseline would differ from a projected $1 trillion to $2 trillion market. In larger markets, the group said yield becomes a key driver of deposit migration.
Larger Markets and Community Banks Issue
Across studies, ABA said researchers agree that yield-paying stablecoins increase incentives to move funds from bank deposits. However, the group noted that total deposits may stay stable while shifting between institutions. It said smaller banks could lose deposits to larger entities or stablecoin reserves.
That shift, according to ABA, affects lending capacity at the local level. Community banks rely on local deposits to extend credit. When deposits move, their lending ability moves as well.
ABA cited its analysis showing potential state-level effects. For example, lending in Iowa could drop between $4.4 billion and $8.7 billion as stablecoins grow.
Funding Costs and Credit Pressure
The group also addressed how banks respond to deposit losses. It said community banks must replace funding quickly through higher-cost sources. These include wholesale borrowing or capital market funding.
However, banks may also raise deposit rates to retain customers. In both cases, ABA said funding costs increase. It added that higher costs can reduce lending and raise borrowing costs for households and small businesses.The CEA paper suggested deposits could be reshuffled across the system. However, ABA said that shift could still reduce credit where relationship banking matters most.
The post CLARITY Act: Banking Members Warns Stablecoin Yield Could Drain Deposits appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Hyperliquid Price Jumps 12% as ETF Momentum Builds
Key Insights:
Hyperliquid price surged over 12% weekly as ETF filings and institutional activity increased demand, strengthening market confidence and boosting trading volumes significantly.
Trading activity expanded sharply as tokenized oil contracts gained traction, pushing open interest beyond one billion dollars during heightened geopolitical tensions.
Bullish flag breakout and upcoming HIP 4 upgrade support further upside momentum, with technical indicators pointing toward a potential move near fifty-six dollars.
Hyperliquid Price Climbs on Institutional Momentum
Hyperliquid price traded near $41.5, marking a weekly gain exceeding 12% as institutional developments supported market sentiment. Besides this weekly rise, the token has recovered strongly from its year-to-date lows, showing sustained buying pressure. Market participants reacted quickly to new filings that signaled broader access for traditional investors.
Bitwise submitted an updated S-1 filing for a spot in the Hyperliquid ETF on April 10, which increased expectations of a possible U.S. launch. Consequently, interest in the asset grew as investors anticipated regulated exposure without direct ownership. Additionally, the firm introduced a staking exchange-traded product on Germany’s Deutsche Börse Xetra, further expanding access across global markets.
Oil Trading Drives Platform Activity
Trading volumes increased sharply as users turned to tokenized oil perpetual contracts during rising geopolitical tensions linked to the Strait of Hormuz. Hence, Hyperliquid benefited from continuous trading availability while traditional markets remained closed over the weekend. Open interest in crude oil contracts crossed one billion dollars, reflecting strong speculative and hedging activity.
Source: TradingView
The surge in trading activity strengthened Hyperliquid’s buyback system, which allocates most platform fees toward purchasing and burning HYPE tokens. Moreover, this mechanism steadily reduces circulating supply and reinforces price stability during periods of high demand. As activity remains elevated, the impact of this model continues to shape market structure.
Upgrade Expectations Add to Growth Outlook
Anticipation surrounding the HIP 4 upgrade has also supported sentiment as the network prepares to expand its offerings. Significantly, the upgrade will introduce prediction markets and binary options, building on earlier expansions into commodities and equities. This development positions Hyperliquid as a broader decentralized trading platform.
Price action confirmed a bullish flag breakout on the daily chart, indicating a continuation of the upward trend. Additionally, the supertrend indicator turned positive, while the relative strength index remained below overbought levels. Consequently, analysts now track a potential move toward $56 if the current momentum holds.
The post Hyperliquid Price Jumps 12% as ETF Momentum Builds appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
OneCoin investors (2014–2019) may be eligible for Department of Justice remission compensation pr...
PHILADELPHIA, April 13, 2026 /PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration on behalf of the United States Department of Justice regarding the OneCoin Cryptocurrency Remission Program ("Remission Program").
What is this about?
The Department of Justice has commenced a petition for remission process to compensate fraud victims who invested in the fraudulent cryptocurrency platform, OneCoin, between 2014 and 2019. The United States Attorney's Office for the Southern District of New York filed a number of OneCoin-related prosecutions in the Southern District of New York.
Between 2014 and 2019, Ruja Ignatova and Karl Sebastian Greenwood, co-founders of OneCoin Ltd., and others, orchestrated a large, international cryptocurrency investment scheme defrauding investors from around the globe. The scheme involved the marketing and sale of fraudulent cryptocurrency, resulting in significant financial losses for victims worldwide. The United States Attorney's Office in the Southern District of New York pursued criminal forfeiture of proceeds of the fraud scheme and the net proceeds of those forfeited assets will be available to compensate victims through the remission process. Victims affected by the OneCoin scheme may file petitions for remission to receive compensation.
Who is eligible for compensation?
Victims who purchased OneCoin cryptocurrency between 2014 and 2019 and experienced a net loss of the investment when accounting for any completed withdrawals or collateral recoveries may be eligible to receive compensation in this matter. However, submission of a petition for remission does not guarantee payment. Neither the Department of Justice nor the Remission Administrator charge fees for you to file a petition or to participate in the remission process. Additionally, you do not need an attorney to file a petition.
What options do victims have?
Submit a Petition Form by June 30, 2026: To participate in this Remission Program, you must submit a completed petition form. As part of your submission, you will be asked to verify monetary losses that were incurred as a result of the scheme. Documentation to support all claimed losses must be included with the submission of your petition form. Petitions for remission can be submitted by mail or online on www.onecoinremission.com.
Do Nothing: If you do not wish to participate in the Remission Program, you do not need to file a petition form. No further action is necessary. If you do not submit a petition for remission, you will not be considered in the Remission Program.
Get More Information
This is only a summary. More details about the petition for remission process and instructions on how to submit a petition are available as follows:
Visit: www.onecoinremission.com
Call: 1-833-421-9748
Email: info@OneCoinRemission.com
Write: OneCoin Remission, c/o Kroll Settlement Administration LLC, P.O. Box 225391, New York, NY 10150-5391
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post OneCoin investors (2014–2019) may be eligible for Department of Justice remission compensation process appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Shiba Inu Sees 237% Jump in Burn Rate Amid Steady Network Activity
Key Insights
Shiba Inu burn activity surged sharply as blockchain trackers recorded 15.5 million SHIB removed from circulation across multiple wallet transactions today.
Ten burn transactions reduced Shiba Inu supply while a Robinhood-linked wallet ranked among the top ten burners over thirty days period review
Price action stayed mostly sideways with only 0.24% gains as Shiba Inu traded near $0.000005917 during the reporting session, market analysis
Shiba Inu recorded stronger network activity as burn transactions increased across multiple wallets on Saturday, April 11. Blockchain tracker Shibburn reported 15,509,996 SHIB removed from circulation, marking a 237% daily burn increase across ten transactions while price action remained largely sideways near $0.000005917. Besides, the burn value stood near ninety-one dollars and reflected a steady level of stability
On-chain data showed ten separate burn transactions that removed SHIB from active circulation across multiple wallets during the reporting period. Additionally, blockchain analysis highlighted that a wallet linked to Robinhood ranked among the top ten SHIB burners over the past thirty days, adding visibility to exchange-related burn participation. Consequently, the steady burn trend reinforced ongoing supply reduction efforts while maintaining consistent activity across community-driven initiatives and automated burn mechanisms. Moreover, this pattern continued to support gradual deflation in total circulating SHIB supply across the network ecosystem level structure
Price Action Remains Sideways Despite Momentum
The Shiba Inu price moved only slightly higher despite the sharp rise in burn activity across the network. Market data indicated a modest 0.24% gain over the last twenty-four hours, placing SHIB near $0.000005917 at the time of writing. However, traders continued to monitor price compression conditions as reduced volatility aligned with ongoing supply burn activity and broader meme coin market stabilization trends across major exchanges. Besides, liquidity levels stayed steady during short-term trading sessions, and market sentiment
Shiba Inu supply continued to contract as burn mechanisms reduced available tokens in circulation. Moreover, the total value of burned SHIB during the period stood at roughly ninety-one dollars based on prevailing market rates. Besides, analysts observed that sustained burn activity and consistent wallet participation have supported a gradual deflation narrative for SHIB while reinforcing long-term interest in supply reduction across decentralized community-driven mechanisms and exchange-linked activity that continues to shape token distribution patterns within the broader ecosystem market structure evolution
Outlook on Burn Driven Momentum
Shiba Inu maintained steady attention from traders as burn activity continued to influence supply expectations across the network. Additionally, the combination of reduced circulating supply and consistent wallet activity kept market participants focused on longer-term structural shifts.
However, price movement remained limited in the short term, even as on-chain metrics suggested continued engagement from burn contributors and steady participation from large holders across the ecosystem, which helped sustain a balanced market environment despite muted trading momentum across major exchanges during the reporting period analysis cycle
The post Shiba Inu Sees 237% Jump in Burn Rate Amid Steady Network Activity appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ether Machine Cancels $1.5B Ethereum Fund Listing Plan
Ether Machine scrapped its Nasdaq listing and $1.5B Ethereum fund after terminating its SPAC merger deal.
A $50M clause requires payment within 15 days, while Dynamix now seeks a new business combination.
Broader market pressure drives exits and strategy shifts among firms pursuing Ethereum treasury models.
Ether Machine has canceled its planned Nasdaq debut after terminating its merger with Dynamix Corporation, the company confirmed in a filing. The decision took effect immediately and followed worsening market conditions. The move halts a proposed $1.5 billion Ethereum fund and ends a SPAC deal that also involved The Ether Reserve LLC.
Merger Termination Triggers $50 Million Clause
Ether Machine and Dynamix agreed to end their business combination through a mutual decision. According to the filing, deteriorating market conditions drove the termination. The agreement includes a financial clause tied to the exit.
An unnamed payor must deliver $50 million to Dynamix within 15 days. However, the identity of the payor remains undisclosed in public filings. This obligation forms part of the original merger agreement structure.
Dynamix now shifts focus to securing another deal. The company has until November 22, 2026, to complete a new business combination.
Nasdaq Debut and Ethereum Fund Paused
The canceled deal stops Ether Machine’s planned public listing under the ticker ETHM. The firm had positioned the offering as a large yield-bearing Ethereum fund. According to earlier disclosures, the fund aimed to launch with over 400,000 Ethereum under management.
At the time, that holding exceeded $1.5 billion in value. The company, co-founded by Andrew Keys and David Merin, built its treasury ahead of listing. In September, Ether Machine raised $654 million in private financing. That round included 150,000 Ethereum from Jeffrey Berns, who joined its board.
Ethereum Treasury Strategies Face Pressure
The cancellation comes as other Ethereum treasury strategies unwind. Trend Research exited its position by selling 651,757 Ethereum. The firm recorded an estimated $747 million loss on that transaction. This sale marked one of the largest recent liquidations.
Meanwhile, ETHZilla moved away from its Ethereum-focused strategy. The company rebranded as Forum Markets and dropped its accumulation model. These developments follow tightening market conditions across crypto. As a result, several institutional Ethereum treasury plans have stalled or reversed direction.
The post Ether Machine Cancels $1.5B Ethereum Fund Listing Plan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Coinbase CEO Brian Armstrong Reverses Stance, Pushes For CLARITY Act Passage
Brian Armstrong now supports CLARITY Act after revisions addressed concerns on yields and tokenized equity rules.
Senate negotiations advance toward agreement, with committee approvals still needed before a full vote.
Industry and political backing grows, though divisions remain over stablecoin provisions and regulatory structure.
Coinbase CEO Brian Armstrong backed the Digital Asset Market CLARITY Act after previously opposing it. He said the updated bill is strong enough to pass after months of negotiations. His position aligns with Scott Bessent, who urged Congress to move the legislation forward.
Armstrong Reverses Stance After Earlier Objections
Armstrong confirmed his support in a post on X, stating it is time to pass the bill. Notably, this marks a shift from his earlier positions in January and March. At that time, Armstrong withdrew support before a Senate Banking Committee markup vote.
That decision delayed the process and exposed divisions across the industry. He had raised concerns over stablecoin yield restrictions and tokenized equity provisions. However, recent negotiations addressed key issues raised by Coinbase.
According to Armstrong, bipartisan work improved the bill’s structure over recent months. As a result, Coinbase now supports advancing the legislation.
Negotiations Move Closer to Final Agreement
Progress has continued across both Senate committees handling the bill. The Senate Agriculture Committee approved its portion in January. However, the Senate Banking Committee has yet to schedule its markup. This step must occur before the full Senate vote.
Coinbase Chief Legal Officer Paul Grewal said lawmakers are close to reaching an agreement. His statement reflects narrowing differences between regulators. The bill splits oversight between securities and commodities frameworks. Therefore, coordination across committees remains necessary for passage.
Industry and Political Pressure Intensifies
Support for the bill now includes both policymakers and industry leaders. Bessent urged Congress to act, warning about global competition. Meanwhile, Donald Trump has called for faster progress on crypto regulation. Reports also indicate Armstrong met with Trump before this endorsement.
Industry participants remain divided on certain provisions. Brad Garlinghouse supported the bill, while banking groups raised concerns over stablecoin yields. A compromise on yield provisions helped move discussions forward.
A White House analysis estimated a full ban could cost consumers $800 million annually. The House passed the CLARITY Act in July 2025, but Senate delays stalled progress.
The post Coinbase CEO Brian Armstrong Reverses Stance, Pushes For CLARITY Act Passage appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
BlackRock Eyes Yield Strategy With New Bitcoin ETF Plan
BlackRock’s BITA ETF uses a covered-call strategy to turn Bitcoin volatility into income through option premiums.
The fund caps upside gains during rallies, balancing steady yield generation with limited price appreciation potential.
Strong IBIT liquidity and institutional setup support execution as demand grows for income-focused crypto products.
BlackRock has advanced plans for its Bitcoin income ETF, filing updates on April 1, 2026, to refine structure and strategy. The product, trading under ticker BITA, aims to generate yield from Bitcoin using options. The move follows strong demand for its spot ETF IBIT and reflects a shift toward income-focused crypto exposure.
Covered-Call Structure Drives Income Strategy
The BITA fund converts Bitcoin volatility into cash flow through a covered-call strategy, according to filings. It will hold Bitcoin, cash, and shares of IBIT to maintain exposure.
Notably, the fund will sell call options tied mainly to IBIT shares. Each sale generates premiums, which form the core income stream for investors.
However, this structure introduces trade-offs. If Bitcoin rises above strike prices, the fund must sell at lower levels. As a result, upside gains become capped during strong rallies.
Institutional Setup and Liquidity Edge
BlackRock assigned Coinbase as custodian, mirroring its IBIT structure. This ensures continuity in custody and operational design. Meanwhile, IBIT’s scale provides a liquidity advantage. With over $50 billion in assets, it offers deep options markets for efficient execution.
According to ETF analyst Eric Balchunas, the launch could arrive within weeks, not months. This timeline reflects accelerated preparation following regulatory filings. Additionally, BlackRock’s broader crypto expansion includes its Ethereum staking ETF, ETHB. That product reached over $435 million in assets within a month.
Performance Context and Market Positioning
Covered-call Bitcoin ETFs already exist, including BTCI, YBTC, and BAGY. These funds offer high distribution rates but lag Bitcoin’s price performance. Their income model performs best in flat markets, where price movement remains limited.
However, strong rallies reduce relative returns due to capped upside. Meanwhile, Bitcoin trades near the mid-$60,000 range amid a prolonged downturn phase. Despite this, institutional activity continues to expand.
BlackRock’s on-chain holdings exceed $58 billion as of April 2026, according to Arkham data. Settlement delays mean blockchain movements appear one day after trades. This structure places BITA within a growing segment focused on yield rather than pure price exposure.
The post BlackRock Eyes Yield Strategy With New Bitcoin ETF Plan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.875 Million Tokens, and Tota...
Bitmine now owns more than 4% of the total ETH coin supply of 120.7 million
Bitmine is 81% of the way to the 'Alchemy of 5%' in just 9 months
Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026
Bitmine has 3,334,637 staked ETH, representing $7.4 billion at $2,206 per ETH
MAVAN (Made in America Validator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience
Bitmine owns $85 million of Eightco (NASDAQ-ORBS), now one of the only publicly listed equities in the world to give investors direct exposure to OpenAI
Bitmine Crypto + Total Cash Holdings + "Moonshots" total $11.8 billion, including 4.875 million ETH tokens, total cash of $719 million, and other crypto holdings
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine is the 117th most traded stock in the US, trading $747 million per day (5-day avg)
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH
NORWALK, Conn., April 13, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $11.8 billion.
The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026. The Company's common stock continues to trade under the symbol "BMNR".
As of April 12, 2026 at 3:30pm ET, the Company's crypto holdings are comprised of 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin (BTC), $200 million stake in Beast Industries, $85 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $719 million. Bitmine's ETH holdings are 4.04% of the ETH supply (of 120.7 million ETH).
"The Iran war enters its 7th week and this war remains the most important driver of global markets. ETH is now the best performing asset since the start of the war, with a 17.4% gain and outperforming the S&P 500 by 1,830 basis points. And we believe ETH beating gold by 2,743 basis points demonstrates ETH is the wartime store of value," said Thomas "Tom" Lee, Chairman of Bitmine.
"Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains," continued Lee.
"Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 71,524 ETH which is the highest pace of buys since the week of December 22, 2025." stated Lee.
Bitmine announced the official launch of MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.
As of April 13, 2026, Bitmine total staked ETH stands at 3,334,637 ($7.4 billion at $2,206 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $310 million annually (using 2.89% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now $212 million. And this 3.3 million ETH is about 68% of the 4.87 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.73%, while Bitmine's own staking operations generated a 7-day yield of 2.89% (annualized)," continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 766,970 BTC valued at $54.5 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $747 million (5-day average, as of April 10, 2026), ranking #117 in the US, behind Intuitive Surgical (rank #116) and ahead of Applied Digital (rank #118) among 5,704 US-listed stocks (statista.com and Fundstrat research).
The GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here: https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the long-term value of Ethereum; (ii) the Company's beliefs regarding Ethereum's performance relative to other assets, including its characterization as a "wartime store of value" and its performance during geopolitical events; (iii) the Company's expectations regarding the current state and future trajectory of the cryptocurrency market, including statements that ETH may be in the "final stages of the mini-crypto winter"; (iv) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (v) the Company's share repurchase program, including statements regarding shares trading below intrinsic value, the Company's ability to accretively retire common shares, and the execution of repurchases through open market transactions; (vi) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems utilizing public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company's financial flexibility to support its treasury operations and expanded repurchase authorization. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, share repurchase program, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.875 Million Tokens, and Total Crypto and Total Cash Holdings of $11.8 Billion appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP in a nine-year ascending triangle, with long-term structure intact despite recent consolidation near $1.32.
Analyst flags $0.75–$0.80 as key dip zone aligning with trendline, offering potential buy opportunity if revisited.
Weak RSI and MACD show low momentum, with resistance near $1.36–$1.38 and support around $1.30 guiding next move.
Analyst Ali outlined a long-term XRP price setup pointing to a potential breakout. He noted XRP continues trading within a nine-year ascending triangle, while current price action near $1.32 shows consolidation after recent volatility, keeping focus on both short-term levels and a deeper support retest.
Long-Term Triangle and Key Support
According to Ali, XRP has followed a consistent pattern since 2017 within an ascending triangle structure. Each rally has reached horizontal resistance before pulling back toward a rising trendline support.
Following the August 2025 rejection, he now tracks a possible move toward the $0.75–$0.80 zone. Notably, this range aligns with the macro trendline and represents a key support area.
He stated this level could act as a “buy the dip” zone if price revisits it. However, the broader structure remains intact as the triangle approaches its apex.
Short-Term Price Action
Meanwhile, at press time, XRP was trading at $1.32 after failing to hold gains near $1.38. Earlier, price rallied from $1.30 to $1.38 with rising volume, indicating strong initial demand.
Source: TradingView
However, momentum faded quickly, leading to a pullback and sideways movement. Since April 9, XRP has traded between $1.32 and $1.36, with repeated resistance near $1.36–$1.38.
A sharp drop on April 12 pushed price back toward $1.33, reinforcing selling pressure at higher levels. As a result, the market remains locked within a narrow range.
Indicators Show Weak Momentum and Indecision
Technical indicators further confirm limited direction. The RSI is near 46, slightly below neutral, indicating mild bearish pressure without oversold conditions.
Meanwhile, the MACD hovers near the zero line with a weak crossover attempt. The small histogram reflects low momentum and lack of strong trend confirmation.
Support is between $1.30 and $1.32, while resistance stands at $1.34–$1.36 and $1.38. A break above resistance could extend gains, while a drop below support may trigger further downside.
The post XRP Eyes Breakout as Analyst Flags Key Dip Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Cango’s HPC and AI Inference Subsidiary, EcoHash, Begins Commercial Operations
DALLAS, April 13, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced the launch of the official digital portal for its subsidiary, EcoHash Technology LLC ('EcoHash' or the 'Subsidiary'). Accessible at www.ecohash.com, this platform serves as the primary interface for EcoHash's high-performance computing (HPC) and AI inference operations. The site is designed to streamline strategic engagement with two key audiences: AI developers seeking low-latency, near-source compute, and energy-intensive compute operators pursuing modular pathways to infrastructure diversification.
Goldman Sachs Research forecasts that U.S. data center power demand could reach 700 TWh by 2030, largely driven by AI inference workloads, yet the maximum available supply remains just above 300 TWh, underscoring a structural gap of roughly 400TWH between soaring compute demand and delayed infrastructure deployment. EcoHash addresses these challenges by leveraging Cango's global energy footprint to deploy standardized, plug-and-play compute modules, paired with its proprietary EcoLink Orchestration Platform. This integrated system unifies and schedules geographically dispersed compute capacity to deliver enterprise-grade uptime through intelligent failover. The result: elastic, low-latency compute that scales seamlessly and activates on demand.
Cango is dedicating space at its owned 50MW Georgia mining facility to this initiative. By utilizing the facility's existing infrastructure and energy access, the site will operate full-series container models as a "living showroom". This facility is designed not only to demonstrate real-world performance across varying thermal and power configurations but also to serve as a strategic proof-of-concept hub for industry collaborators across the digital infrastructure and mining ecosystem. By showcasing the commercial viability of these plug-and-play modules, Cango aims to invite global partners to integrate into the EcoHash network. This collaborative approach aims to build a robust, globally distributed AI power grid, replicating the Georgia model across high-potential sites both within and beyond Cango's current network.
Jack Jin, Chief Technology Officer of EcoHash, commented, "EcoHash represents the core vehicle of our strategy to architect a future-ready platform and serve as our next growth engine, now entering a phase of accelerated commercialization. Our proprietary orchestration layer, the central nervous system of our network, is built to enable intelligent, real-time resource allocation. This connects decentralized energy assets directly to the demands of LLM inference, generative AI, and a growing spectrum of compute-intensive applications as our node infrastructure scales."
Contact: ir@cangoonline.com
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post Cango’s HPC and AI Inference Subsidiary, EcoHash, Begins Commercial Operations appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Aave Passes $25M Funding Deal With 75% Community Vote
Aave DAO approved $25M funding with 75% support, allocating stablecoins and tokens to support ongoing development efforts.
Funds will be distributed in phases over 12 months, with unused capital returning to the DAO and tokens vesting over 4 years.
Vote showed strong backing but internal division, indicating a shift to a structured treasury-led funding model for growth.
Aave DAO has approved a $25 million funding package for Aave Labs following a binding on-chain vote that closed with about 75% support. The decision, finalized in early April, allocates stablecoins and tokens to fund development, as the DAO shifts toward a structured, treasury-led model under its “Aave Will Win” framework.
Funding Structure Sets Phased Distribution Plan
The approved package includes $25 million in aEthLidoGHO stablecoins and 75,000 AAVE tokens. Notably, the stablecoin allocation will roll out in three phases over 12 months. An initial $5 million releases immediately, followed by another $5 million within six months.
The remaining $15 million will be issued within 12 months, completing the allocation cycle. However, any unused funds after this period must return to the DAO treasury. Meanwhile, the 75,000 AAVE tokens will vest linearly over 48 months.
This structure ensures controlled capital deployment while aligning incentives over a longer timeframe. As a result, the DAO links funding with execution timelines and accountability measures.
Vote Reveals Support But Highlights Internal Divide
The proposal recorded 522,780 votes in favor against 175,310 opposing votes. Despite strong approval, notable resistance emerged from the Aave Chan Initiative. It cast 166,200 AAVE votes against the plan, reflecting governance concerns raised earlier.
Other participants, including institutions and individual holders, split across both sides of the vote. However, the final outcome confirmed majority backing for Aave Labs’ operational roadmap.
Following the vote, on-chain execution began, with funds scheduled for transfer to an address controlled by Aave Labs. This step moves the decision from governance approval into active funding.
Framework Introduces New DAO Funding Model
The grant marks the first major allocation under the “Aave Will Win” framework. Under this model, revenue generated from Aave products flows into the DAO treasury. The DAO then redistributes capital for development and ecosystem growth.
However, the current vote covers only core funding. Separate proposals will address growth and product-specific grants. This approach allows tokenholders to review each initiative individually.According to founder Stani Kulechov, the framework represents a key milestone for the protocol. Earlier governance debates, including a failed proposal on brand control, shaped the current structure.
The post Aave Passes $25M Funding Deal With 75% Community Vote appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Analyst Revises Bitcoin Targets, Warns of Near-Term Trap
Analyst lowers partial profit target to $76.2K, aiming to secure gains early as probability of higher targets weakens.
Bitcoin shows consolidation between $68K–$76K after decline, with indicators suggesting cautious market structure shift.
Key levels define direction, with $80K breakout signaling upside, while drop below $68K may resume downtrend.
Analyst Doctor Profit has updated Bitcoin his trading plan following recent price action. He confirmed a long position from $71,000 remains active, however he now targets partial profit at $76,200 instead of $79,000–$84,000, citing changing probabilities and market structure.
Revised Profit Targets
Doctor Profit said he will now close half of his position at $76,200, instead of the previous higher range. He plans to move his stop loss to entry after that level hits. This adjustment locks in gains while removing downside risk on the remaining position.
However, the upper target remains unchanged for the second half of the trade. He still intends to exit fully between $79,000 and $84,000 if price reaches that zone. In contrast, he clarified no short positions will open at $76,200, maintaining focus on higher resistance.
He attributed the shift to probability changes. According to his statement, the likelihood of hitting $76,000 is now high, while the $79,000–$84,000 range holds only medium probability.
Market Structure Shows Consolidation After Decline
Price action supports a cautious stance. Bitcoin declined from above $110,000 to near $70,000 between October and January. During that period, price stayed below both MA50 and MA200, confirming a broader downtrend.
Source: Santiment
In late January, a sharp breakdown pushed Bitcoin below $80,000 with strong volume. This move coincided with a death cross, as MA50 crossed below MA200. That formation reinforced bearish momentum at the time.
Since February, however, price has stabilized between $68,000 and $76,000. The MA50 has flattened and started curving upward, indicating early consolidation.
Key Levels Define Next Directional Move
Support currently Is between $68,000 and $70,000, while resistance forms near $75,000–$80,000. A move above $80,000 would test higher resistance near $90,000. However, a break below $68,000 would likely resume the prior downtrend.
Doctor Profit also maintained existing short positions between $115,000 and $125,000. Additionally, he placed new short orders within the $79,000–$84,000 range if price reaches that zone.
He further noted expectations of a broader market decline. According to his outlook, a larger downside move could follow once current levels resolve.
The post Analyst Revises Bitcoin Targets, Warns of Near-Term Trap appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Hyperliquid Price Climbs Toward $50 as Futures Demand Strengthens
Key Insights
Hyperliquid maintains upward momentum above forty-one dollars as futures open interest increases and retail demand remains steady across the derivatives market activity
Hyperliquid DeFi TVL and revenue decline while total value locked holds near the five billion mark as platform activity slows across trading sessions
Technical indicators show a bullish structure with price holding above moving averages, while MACD and RSI signal sustained buying pressure toward higher levels
Hyperliquid (HYPE) edges up above $41.00 at the time of writing on Friday, buoyed by improving sentiment around the native Decentralized Exchange (DEX) token. Retail demand remains steady as futures open interest rises to $1.63 billion from $1.60 billion a day earlier.
Derivatives positioning shows continued participation from traders as liquidity builds in the HYPE market. Consequently, momentum remains supported by rising speculative activity across short-term contracts.
Open Interest Signals Steady Derivatives Interest
Open interest signals steady derivatives interest
Derivatives positioning shows continued participation from traders as liquidity builds in the HYPE market. Consequently, momentum remains supported by rising speculative activity across short-term contracts.
TVL and revenue trends show softer network activity
Hyperliquid DeFi total value locked holds at $4.93 billion after a recent peak near $5.07 billion, while earlier strength fades slightly. Additionally, revenue levels ease to $2.25 million from $2.36 million as platform activity cools across trading sessions.
Technical Indicators Support Bullish Structure
Price action holds above the 50-day and 100-day exponential moving averages, which reinforce a constructive trend setup. Moreover, momentum signals stay positive with MACD in positive territory and RSI near the mid-60s, indicating sustained buying pressure.
Source: TradingView
Immediate support sits near $36.37, aligned with the 50-day EMA at $35.77, offering a short-term buffer zone. Further downside exposure opens toward $32.73, where the 100-day EMA converges with structural trendline support, maintaining broader bullish structure.
Derivatives' Strength Contrasts With On-Chain Cooling
Market participants continue to monitor the divergence between rising futures positioning and softer on-chain metrics as Hyperliquid maintains attention from traders seeking directional exposure in decentralized derivatives markets while price stability above key moving averages encourages short-term confidence and supports rotation strategies across leveraged positions even as trading revenue and total value locked show signs of cooling momentum across the broader ecosystem while institutional interest remains selective and focused on liquidity conditions in perpetual markets rather than spot accumulation.
Despite softening platform metrics, traders continue to position around technical strength in HYPE as rising open interest and stable price structure attract leveraged participation across short-term horizons while market participants evaluate whether momentum can extend toward higher resistance levels supported by consistent activity in derivatives markets and ongoing engagement within decentralized trading infrastructure that underpins liquidity and price discovery mechanisms across global crypto trading venues and related ecosystems' expansion.
The post Hyperliquid Price Climbs Toward $50 as Futures Demand Strengthens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Dubai Enables Crypto Payments For Government Services
Dubai partners with Crypto.com to enable crypto payments for government services via digital wallets.
Payments convert to dirhams, ensuring integration with existing financial systems and infrastructure.
Initiative supports Dubai’s goal of 90% cashless transactions by 2026 and digital economy growth.
Dubai has announced plans to accept cryptocurrency payments for government services through a partnership with Crypto.com, according to the Dubai Department of Finance. The agreement, signed during the Dubai FinTech Summit, outlines how residents and businesses will pay fees using digital assets once technical integration is completed.
Partnership Outlines Payment Structure
The agreement brings together Dubai officials and Mohammed Al Hakim to establish a crypto payment channel. Users will pay government service fees through Crypto.com digital wallets.
Notably, the platform will convert crypto payments into Emirati dirhams before transferring funds to government accounts. This process ensures compatibility with existing financial systems.
Additionally, the system will support large-cap cryptocurrencies. According to a Crypto.com spokesperson, payments will cover services such as utilities and parking.
Strategy Targets Cashless Economy
The initiative connects directly to Dubai’s broader financial plans. Officials said the move supports the Dubai Cashless Strategy.
This strategy aims to reach 90% cashless transactions across public and private sectors by 2026. Therefore, crypto payments form part of a wider digital transition.
Moreover, officials confirmed the framework will focus on secure and streamlined transactions. The system integrates digital wallets with government payment infrastructure.
Regulatory Groundwork Already in Place
Dubai has built regulatory support for crypto services in recent years. Crypto.com secured a license in 2023 to operate virtual asset services in the emirate.
However, the regulatory expansion continued recently. The platform also received a limited license to offer derivatives products.
This backdrop supports the new payment initiative. According to Mohammed Al Hakim, the program represents a “global first” for government payments.
Dubai officials confirmed that implementation will follow once technical arrangements are finalized.
The post Dubai Enables Crypto Payments For Government Services appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CFTC Signals Bigger Role In Crypto With New Task Force
CFTC forms Innovation Task Force to guide crypto policy and define regulatory boundaries in U.S. markets.
Team covers crypto, AI, blockchain, and prediction markets, reflecting broader regulatory scope.
Initiative follows SEC coordination and new guidance, signaling stronger oversight and clearer rules ahead.
The Commodity Futures Trading Commission has launched an Innovation Task Force to shape crypto regulation, with Chairman Michael S. Selig announcing the move on March 24 and staff named on April 10. The unit will guide policy across digital assets, aiming to define regulatory boundaries and support oversight of evolving U.S. markets.
Task Force Expands Beyond Crypto Focus
The new unit, led by Michael J. Passalacqua, brings together internal staff and external expertise. The agency confirmed the group will address crypto assets, blockchain systems, artificial intelligence, and prediction markets.
Notably, the April 10 announcement also named Mark Fajfar as senior adviser and Taylor Foy as senior counsel. This structure shows the agency is building a dedicated policy team.
According to Chairman Michael S. Selig, the task force aims to deliver “clear rules of the road” for innovators. This statement sets the tone for broader regulatory engagement.
Policy Steps Follow Recent Guidance
The launch follows several actions taken in March. On March 17, the CFTC worked with the Securities and Exchange Commission to clarify how securities laws apply to crypto assets. However, the agency also noted that some digital assets may fall under commodities law.
This distinction is key to ongoing regulatory discussions. Then, on March 20, the CFTC issued guidance for firms handling crypto activity. These FAQs outlined how regulated entities can operate within existing frameworks.
These steps connect directly to the new task force. The agency is building structured channels for policy and oversight.
Team Structure and Coordination Efforts
The task force includes members with both regulatory and private sector backgrounds. These include Hank Balaban, Sam Canavos, Eugene Gonzalez IV, and Dina Moussa. According to Michael J. Passalacqua, the team combines legal and market expertise. This approach supports practical policy development.
The agency also confirmed coordination with other regulators. This includes collaboration with the Securities and Exchange Commission and internal advisory groups. These efforts aim to clarify jurisdiction boundaries while supporting oversight across derivatives and digital asset markets.
The post CFTC Signals Bigger Role In Crypto With New Task Force appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Multi-agency oversight by CBK, CMA, and Treasury aims to strengthen supervision and enforcement.
Kenya has moved a step closer to regulating virtual assets after concluding public participation on the 2026 VASP Regulations, according to Kenya National Treasury. The process follows the 2025 VASP Act and outlines licensing, compliance, and oversight measures. Authorities now shift to reviewing submissions before finalizing rules aimed at managing crypto activity and protecting users.
Framework Sets Licensing and Compliance Rules
The draft regulations establish a legal structure for virtual asset businesses operating in Kenya. These include cryptocurrencies, tokenized assets, and stablecoins. According to the Kenya National Treasury, the framework introduces licensing requirements and strict operational standards.
Notably, firms must meet capital thresholds and ownership suitability checks. They must also implement governance systems and risk management controls. In addition, anti-money laundering and counter-terrorism financing measures form a core requirement.
This structure connects directly to broader oversight. Regulators aim to ensure consistent supervision across all licensed entities operating within or from Kenya.
Consumer Protection and Market Integrity Measures
Beyond licensing, the draft outlines specific consumer protection rules. Service providers must disclose risks clearly and maintain transparent pricing models. They must also establish complaint handling systems.
However, asset protection remains a central focus. Firms must separate customer funds from operational accounts. This reduces misuse risks and improves accountability.
Meanwhile, the framework enforces market conduct rules. Authorities require due diligence before listing assets and continuous monitoring of trading activity. Manipulation, insider trading, and false trading face strict prohibition.
Coordinated Oversight and Next Steps
To support enforcement, Kenya adopts a multi-agency approach. The Central Bank of Kenya, Capital Markets Authority, and the Treasury will oversee implementation jointly. This coordination aims to strengthen supervision and regulatory consistency.
Moreover, the draft introduces ongoing reporting and cybersecurity requirements. Firms must conduct audits and maintain insurance coverage. These measures address operational risks and system resilience.
Following the consultation phase, authorities will consolidate stakeholder feedback. The review process will determine final provisions before the regulations take effect.
The post Kenya Moves Closer To Crypto Law With VASP Draft Review appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Experts Flag XRP’s Lower Quantum Exposure Over Bitcoin
XRP shows minimal quantum exposure, with only 0.03% of supply in wallets with revealed public keys.
Bitcoin faces higher risk, with up to 37% of supply potentially exposed due to address reuse and structure.
XRP’s key rotation and account design enhance security, though quantum threats remain theoretical today.
Experts point to XRP’s lower exposure to quantum threat compared to Bitcoin. According to XRPL validator Vet, XRP shows minimal vulnerability due to wallet behavior and design. The findings come amid rising concerns following Google’s recent quantum-focused research.
XRP’s Exposure Remains Limited
According to Vet, only about 21 million XRP sits in wallets with exposed public keys. This equals roughly 0.03% of the total circulating supply. Notably, these funds belong to two long-dormant whale accounts.
However, most XRP wallets have never revealed their public keys through transactions. Around 300,000 accounts holding 2.4 billion XRP remain unexposed. As a result, these accounts stay “quantum-safe by default,” according to the analysis.
This difference links directly to how XRP handles accounts. Unlike Bitcoin, XRP does not require public key exposure before spending. Consequently, fewer wallets face potential future risks.
Bitcoin Faces Broader Exposure Concerns
In contrast, Bitcoin’s structure exposes more public keys during transactions. Early P2PK outputs and reused addresses contribute to this issue. Estimates suggest between 11% and 37% of Bitcoin’s supply could be vulnerable.
This includes coins from early network activity that cannot rotate keys. As a result, these holdings remain exposed if quantum capabilities advance. However, no current quantum systems pose a real threat today.
Still, the comparison highlights structural differences. XRP allows key rotation without moving funds, while Bitcoin lacks this native feature. This distinction shapes the current risk assessment.
Built-In Tools Offer Additional Protection
Beyond exposure levels, XRP includes additional security mechanisms. Key rotation allows users to update credentials without transferring assets. Meanwhile, escrow and time-lock features can restrict access conditions.
These tools provide flexibility in managing potential risks. According to Vet, users can strengthen security without complex steps. This becomes relevant as discussions around post-quantum solutions continue.However, experts stress that current risks remain theoretical. Vet noted that no known quantum computer can break blockchain cryptography today. As a result, both networks continue operating without immediate threat concerns.
The post Experts Flag XRP’s Lower Quantum Exposure Over Bitcoin appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Senator Cynthia Lummis Pushes Urgent Vote On CLARITY Act As Deadline Looms
Cynthia Lummis warns CLARITY Act could face delays until 2030 without urgent Senate action before key deadline.
Lawmakers face tight timeline, with limited Senate floor time and competing proposals slowing progress.
Stablecoin yield debate remains central, with banks raising concerns over deposits and consumer costs.
U.S. Senator Cynthia Lummis warned that Congress may not pass the CLARITY Act until at least 2030 without immediate Senate action. Her statement comes as lawmakers approach a key April 13–20 committee deadline. The bill, which already passed the House, now faces a tight timeline as legislative pressure builds in Washington.
Senate Timeline Tightens Amid Key Deadline
Cynthia Lummis urged lawmakers to move quickly as the Senate Banking Committee prepares for markup. She stated that failure to act now could delay progress for several years. According to her, the current window represents the last viable chance before the next political cycle.
Following committee review, the bill must clear reconciliation and a full Senate vote. It will also require alignment between chambers before reaching President Donald Trump. However, limited Senate floor time adds pressure as the timeline narrows.
Lawmakers Push as Delays Raise Concerns
Treasury Secretary Scott Bessent also called for swift action on the legislation. He said Senate floor time remains scarce and emphasized the need to move forward. His comments follow growing concern about delays ahead of the Memorial Day recess starting May 21.
At the same time, internal discussions continue among lawmakers. Some Republican senators are weighing broader financial frameworks, which complicates negotiations. These overlapping proposals have slowed progress on the CLARITY Act.
Stablecoin Debate Remains Central Issue
A key disagreement centers on stablecoin yield provisions within the bill. The proposal restricts passive yield while allowing activity-based rewards. This has drawn attention from banking groups concerned about deposit outflows.
However, the White House Council of Economic Advisers provided new data on the issue. The report estimated only a 0.02% increase in lending if yield is restricted. It also projected about $800 million in annual costs to consumers.
Faryar Shirzad, Chief Policy Officer at Coinbase, said stablecoin yield could expand financial services. Meanwhile, the bill’s outcome now depends on how lawmakers resolve these disputes within the limited timeframe.
The post Senator Cynthia Lummis Pushes Urgent Vote On CLARITY Act As Deadline Looms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitwise Updates Hyperliquid ETF Filing With New Details
Bitwise adds FalconX, Flowdesk, Nonco, and Wintermute as counterparties, finalizing key ETF structure details.
ETF will include staking with a 0.67% fee, offering yield alongside HYPE price exposure for investors.
Filing signals nearing launch as competition grows from 21Shares and Grayscale in crypto ETF market.
Bitwise filed a second amendment on April 10 for its proposed spot Hyperliquid ETF, adding counterparties and finalizing key details. The update names FalconX, Flowdesk, Nonco, and Wintermute as trading partners. The filing advances the product toward a potential U.S. launch, as competition intensifies among issuers seeking approval.
Filing Adds Counterparties and Pricing Structure
The latest amendment expands the list of approved trading counterparties. FalconX, Flowdesk, Nonco, and Wintermute now support trading operations tied to the fund. Previously listed entities included A1, Nonco, and Solios, with Solios now identified as part of FalconX.
Anchorage Digital Bank remains custodian of the trust’s HYPE holdings. Meanwhile, CF Benchmarks will provide the daily pricing reference rate at 4 p.m. ET. These updates complete core operational components required before launch.
Structure Includes Staking and Fee Model
Bitwise confirmed the ETF will trade under the ticker BHYP with a 0.67% management fee. The trust plans to stake most of its HYPE holdings while keeping a 30% liquidity reserve. Staking rewards will carry a 15% fee shared between Bitwise and service providers.
Attestant, a Bitwise affiliate, may act as a staking operator. This structure introduces yield generation alongside price exposure. However, it also adds complexity compared to standard spot crypto ETFs.
Competition Builds as Launch Nears
According to Bloomberg analyst Eric Balchunas, the inclusion of final details often indicates an imminent launch. He noted that Hyperliquid’s HYPE token has gained about 200% over the past year. This growth aligns with increased activity on its on-chain perpetuals platform.Bitwise was the first firm to file for a spot Hyperliquid ETF in September. Since then, 21Shares and Grayscale have submitted competing proposals. Additionally, Bitwise Europe listed a related product on Deutsche Börse Xetra on April 9.
The post Bitwise Updates Hyperliquid ETF Filing With New Details appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.