Ethereum Foundation shuffles leadership, splits board and management

The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors. The board will act as the “security council to protect the heart and soul” of the foundation and set visions for Ethereum, while the new management will … Read more

BONK price gains 60% in a week as Solana memecoins make a comeback

Key takeaways: BONK price is up 73% since April 22, hitting a five-month high of $0.00002167. BONK’s open interest surged 290% to $43.2 million.  Bonk (BONK), the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low … Read more

Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk

Coinbase unleashes a game-changing Bitcoin Yield Fund, offering powerful returns with minimized risk, revolutionizing institutional crypto investing and setting a new gold standard for secure yield. Coinbase Launches Bitcoin Yield Fund, Avoiding High-Risk Loans and Call Selling Crypto exchange Coinbase (Nasdaq: COIN) announced on April 28 the launch of the Coinbase Bitcoin Yield Fund (CBYF), … Read more

MetaMask to launch self-custody crypto card with Mastercard

Wallet provider MetaMask is launching a crypto payments card that will allow users to spend self-custodied funds, offering crypto holders additional ways to use their tokens. The new card is backed by Mastercard and is being developed in partnership with CompoSecure and Baanx, according to the company. The product uses smart contracts to execute the … Read more

Stacks Asia DLT Foundation Registers in ADGM to Advance Bitcoin L2 Innovation

The Stacks Asia DLT Foundation has officially registered in the Abu Dhabi Global Market (ADGM), becoming the first Bitcoin-based foundation to establish a presence in the financial center. Bitcoin L2 Projects Get Support Through New ADGM Registration According to the announcement shared with Bitcoin.com News, the foundation’s move aims to support Bitcoin layer two (L2) … Read more

Tether still dominates stablecoins despite competition — Nansen

Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt continues to lead among US dollar-pegged stablecoins, even as competition intensifies. As of April 25, Tether (USDT) has a roughly 66% market share among stablecoins, compared to around … Read more

Arizona legislature moves forward with Bitcoin reserve bills

Lawmakers in the Arizona House of Representatives have voted to pass two bills that could allow the state to adopt a reserve using Bitcoin (BTC) or other cryptocurrencies. In a third reading on April 28 of the Senate Bill 1025 (SB1025), a proposal to amend Arizona’s statutes to allow for a strategic BTC reserve, 31 … Read more

Over 7.7 Tons of Gold Now Support Tether’s XAUT Tokens

Tether Holdings has released its first-quarter 2025 attestation for Tether Gold (XAUT), confirming that more than 7.7 tons of physical gold fully back the tokens in circulation. Tether Releases Independent Verification of XAUT Reserves Tether’s attestation report, completed by BDO Italia S.p.A., independently verified that 246,524.33 fine troy ounces of gold were held in custody … Read more

Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week

Key takeaways:  A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment.  Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes. If PCE, the ISM PMI, and jobs data align with market expectations, BTC could rally.  Bitcoin (BTC) price could face a period of range-bound trading after managing a … Read more