Swedish MP proposes Bitcoin reserve to finance minister

A member of Sweden’s parliament has proposed adding Bitcoin to the country’s national foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States. Swedish MP Rickard Nordin has issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin (BTC) as a national reserve asset. … Read more

What is a bear raid, and how do whales use them in crypto trading?

Key takeaways Bear raids involve deliberate efforts by whales to drive down crypto prices using short-selling, FUD and large-scale sell-offs to trigger panic and profit from the dip. These raids create volatility, trigger liquidations and damage retail confidence. However, they can also expose weak or fraudulent projects. Signs include sudden price drops, high trading volume, … Read more

Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes

Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the … Read more

Ethical hacker intercepts $2.6M in Morpho Labs exploit

A known maximal extractable value (MEV) white hat actor intercepted about $2.6 million in crypto assets stolen from Morpho Labs’ decentralized finance (DeFi) protocol.  On April 10, Morpho Labs implemented a front-end update on its Morpho Blue application. A day later, a hacker breached an address through a vulnerability caused by the update. Blockchain security … Read more

Bollinger bands creator says Bitcoin forming ‘classic’ floor near $80K

Bitcoin (BTC) is exhibiting familiar “bottom” behavior at current prices, according to one of its best-known leading indicators.  In an X post on April 10, John Bollinger, creator of the Bollinger bands volatility metric, revealed good news in progress for Bitcoin bulls. Bollinger bands %b metric teases BTC price comeback Bitcoin may already be establishing … Read more

SEC, Ripple file joint motion to pause appeals in XRP case

The US Securities and Exchange Commission and blockchain payments firm Ripple agreed to pause their appeals in the ongoing XRP legal battle, signaling a potential move toward a final settlement. The SEC and Ripple agreed to put their appeals in “abeyance,” meaning the proceedings are now paused pending an anticipated settlement of the XRP (XRP) … Read more

Argentine Congress to Formally Investigate Government Officials’ Involvement With Libra

The lower chamber of the Argentine Congress approved the creation of a commission to formally investigate the involvement of government officials with Libra, the cryptocurrency shared by President Javier Milei. The group will begin its investigative work on April 23. Argentine Congress to Open Libra Probe The lower chamber of the Argentine Congress approved the … Read more

Conor McGregor’s REAL memecoin: Everything you need to know

What Is REAL? Conor McGregor’s staking-enabled memecoin explained Conor McGregor, also known as “Notorious,” is an Irish mixed martial artist born in Dublin on July 14, 1988. He is renowned for his achievements in the Ultimate Fighting Championship (UFC), where he became the first fighter to simultaneously hold titles in two weight classes — featherweight … Read more

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