Author: John Smith

Florida has taken its first legislative step toward embracing Bitcoin as a state-held asset, joining the race led by Arizona and closely followed by New Hampshire. Florida is the latest U.S. state to make strides toward adopting Bitcoin (BTC) as a strategic reserve asset, as its House Bill 487 (HB 487) passed through the House Insurance and Banking Subcommittee with unanimous support on April 10 hearing. The bill, titled “Investments of Public Funds in Bitcoin,” proposes allowing Florida’s Chief Financial Officer and State Board of Administration to invest up to 10% of key public funds — including the General Revenue…

New Hampshire’s Bitcoin reserve bill has passed the state’s House, making it the fourth state to advance such legislation through one chamber. On April 10, the New Hampshire House voted 192-179 in favour of House Bill 302 after it cleared the House Commerce and Consumer Affairs Committee with a 16-1 vote in early March. The bill now heads to the Senate, where it will face further debate before potentially landing on Governor Kelly Ayotte’s desk for final approval. If signed into law, HB302 would authorize the state treasurer to allocate up to 10% of New Hampshire’s general fund, revenue stabilization…

A rare CryptoPunk NFT just sold for $6 million at a staggering $10 million loss amid the continued slide in NFT prices. CryptoPunk #3100, one of just nine Alien Punks in the original 10,000-piece collection, was sold for 4,000 Ethereum (ETH), worth about $6.07 million at the time of sale, according to an Apr. 10  transaction flagged by Arkham on X. The art brokerage firm Fountain reportedly brokered the sale, which was finalized through a private offer on the CryptoPunks marketplace.  NFT TRADER DOWN $10M ON CRYPTOPUNKThis NFT Trader bought an Alien Cryptopunk 1 year ago for 4.5K ETH ($16M).…

The U.S. Securities and Exchange Commission has officially dropped its case accusing Nova Labs, the team behind the Helium Network, of selling unregistered securities.  In an Apr. 11 blog post on its official Medium page, Helium called the outcome “a major win for Helium (HNT) and The People’s Network.” The dismissal resolves long-standing uncertainty about the regulatory status of its three main tokens, HNT, IOT, and MOBILE. The SEC has agreed to dismiss the case with prejudice, meaning the agency cannot pursue the same charges again in the future.  Helium credited the agency’s new leadership for bringing clarity to crypto…

President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration.  According to an Apr. 10 press release statement from Rep. Mike Carey (R-Ohio), who introduced the bill alongside Sen. Ted Cruz (R-Texas), the president’s signing of the bill marks a major legislative win for the crypto industry and its advocates in Congress.  The bill repeals an IRS DeFi broker rule finalized at the end of 2024 that expanded the definition of “broker” to include decentralized finance platforms and other non-custodial digital asset services. The rule would have required DeFi…

President Donald Trump acknowledged Thursday that his tariff policy changes will be problematic but said he pursued them because no one else had taken the issues on.  Speaking at a Cabinet meeting, Trump defended the shift in trade strategy as a necessary correction, despite short-term pain. “The transition is difficult, but the end result will be positive,” he said, according to a CNBC livestream.  Trump is not ruling out extending the 90-day pause on his “reciprocal” tariffs. During a Cabinet meeting, he stated that if he cannot secure favorable deals with U.S. trading partners, tariffs will revert to higher rates…

XRP is currently on the brink of a major technical shift, with a bearish head and shoulders pattern forming on the charts. If key support levels fail, this could trigger an impulsive move toward significantly lower prices, with $0.61 in sight. Ripple’s (XRP) price action is currently confirming a bearish head and shoulders pattern, a technical formation that signals downside. This pattern is on the verge of being fully activated, and traders should be aware of its implications for upcoming price movement. The activation of the pattern hinges on the current swing low being broken, which would trigger a technical…

Airdrops should be “safe, legal, and frequent,” a16z’s head of policy stated, advocating for a safe-harbor from regulatory enforcement. Crypto industry continues its push for more favorable crypto regulation. On Thursday, April 10, Miles Jennings, the head of policy and general counsel at venture capital firm a16z crypto, published a report advocating for easing regulations on crypto airdrops. The Biden SEC’s attack on crypto created perverse incentives that were detrimental to Americans. For example, it led to them being excluded from airdrops, depriving them of ownership of the internet. Today, we published a quick explainer of our airdrop safe harbor…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto investors hunt for the next big breakout, XRP, Lightchain AI, and Solana are gaining attention. As the market prepares for its next major uptrend, investors are already scouting the cryptocurrencies that could deliver massive returns. While XRP continues to dominate discussions with its legal clarity and rising institutional interest, a powerful new contender has entered the spotlight, stirring talk of a major disruption. Lightchain AI (LCAI), priced at $0.00712, has already raised $18.9 million in its presale…

Taking a closer look at Bitcoin’s current price action on the weekly timeframe and the critical importance of the $65,000 region in maintaining the bullish market structure.  As Bitcoin (BTC) consolidates, it is essential to pay attention to key technical levels that will determine the direction of the market in the coming weeks. By understanding the confluence of levels around $65,000, we can position ourselves for higher-probability trades with a solid risk management framework. Key points: The $65,000 region and its technical confluence, which will allow a higher low to form The importance of waiting for support to be tested…