Author: James Wilson

Pi Network’s PI (PI) token recovered over the weekend as several altcoins moved higher. PI rose more than 5% in 24 hours and traded above $0.18. Summary PI token gained over 5% in 24 hours, trading above $0.18 during weekend recovery move. Bitcoin briefly touched $78,200 before settling near $78,000 after several days of rangebound trading action. Crypto market cap neared $2.7 trillion as select altcoins gained and Bitcoin dominance topped 58%. The rebound followed recent weakness in the Pi Network token. STABLE led the daily gainers with a 7% move to $0.034, while PI ranked among the stronger performers.…

A White House-linked official has warned that failure to pass clear crypto rules in the United States could help China gain ground in digital assets. Summary Patrick Witt warned that failing to pass clear US crypto rules could benefit China’s digital asset ambitions. The CLARITY Act remains stalled as lawmakers debate stablecoin yield rules and market oversight. The Senate Banking Committee’s narrow GOP majority leaves the bill dependent on full Republican support. The comments came as debate over the proposed CLARITY Act continues in Washington. Patrick Witt said the United States risks losing leadership if lawmakers fail to approve a…

Michael Saylor has hinted at another Strategy Bitcoin purchase ahead of the company’s expected Monday update.  Summary Saylor hinted at another Bitcoin purchase after Strategy raised holdings to 815,061 BTC last week. Analysts expect a smaller buy because MSTR share issuance paused while shares traded below par. Strategy still has ATM capacity, but funding conditions may limit near-term Bitcoin accumulation size. The Strategy executive posted his usual Sunday signal on X, writing, “The ₿eat Goes On.” The post drew attention because Strategy made a large Bitcoin purchase last week. The company added 34,164 BTC, lifting its total holdings to 815,061…

Spot XRP ETFs recorded a new all-time high in cumulative net inflows after investor demand returned in April.  Summary Spot XRP ETFs reached $1.29 billion in cumulative inflows after April demand returned strongly again. XRP stayed near $1.43 despite fresh ETF inflows and renewed investor demand this week recently. Nearly 35 million XRP left exchanges, raising hopes of lower sell pressure ahead for traders. Data from SoSoValue showed total net inflows rising to $1.29 billion by the end of the latest business week. The funds added $15.74 million during the week ending April 24. April inflows reached $81.63 million, making…

More than one in three US crypto traders have cut everyday spending due to current market conditions, according to a new CEX.IO survey.  Summary CEX.IO found 36% of US crypto traders reduced daily spending due to current market conditions. About 37% delayed or cancelled purchases, including homes, cars, and renovation plans amid crypto losses. Despite the downturn, 79% of respondents plan to hold or increase crypto positions. The exchange surveyed 1,100 active US-based users. The survey found that 36% of respondents reduced daily expenses because of the crypto downturn. Another 10% said those cuts involved major sacrifices to keep their…

Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound have asked the Arbitrum DAO to release 30,765.67 ETH tied to the Kelp DAO exploit recovery plan.  Summary Aave and Kelp want Arbitrum DAO to release 30,765 ETH for rsETH recovery efforts. The funds would move to a Gnosis Safe managed by Aave, Kelp and Certora. Some Arbitrum delegates warned that the 49-day governance process may delay urgent recovery plans. The assets were frozen by the Arbitrum Security Council after being linked to the exploiter. The frozen ETH is worth about $71 million, based on Ethereum trading near $2,317 at the time…

JPMorgan says tokenization could change how the funds industry operates, including the exchange-traded fund market.  Summary JPMorgan said tokenization could reshape ETFs and the wider funds industry over the coming years. Ciarán Fitzpatrick said strong ETF tokenization use cases may still be a few years away. Tokenized ETFs could support faster settlement, improved redemption, and wider access beyond normal market hours. Ciarán Fitzpatrick, JPMorgan’s global head of ETF product, said tokenization may affect ETFs and wider fund products over time. “We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds industry as…

Evan Tangeman, a 22-year-old California resident, has been sentenced to 70 months in prison for his role in a crypto theft group.  Summary Evan Tangeman received 70 months in prison for helping launder stolen crypto funds for criminals. The group stole about $263 million through social engineering scams, burglary, and other coordinated attacks. Prosecutors said stolen funds paid for Lamborghinis, Rolexes, real estate, and large nightclub bills, too. The group stole about $263 million from victims through social engineering scams and burglary. Tangeman pleaded guilty in December 2025. According to the U.S. Department of Justice, he admitted that he helped…

Pi Network co-founder Nicolas Kokkalis will take the stage at Consensus 2026 in Miami on May 7, joining a panel titled “How to Prove You’re Human in an AI World (Without Doxing Yourself)” at the Convergence Stage, as Pi positions its KYC-verified user base as a direct answer to one of the most urgent problems in the AI era. Summary Nicolas Kokkalis will speak at Consensus 2026 in Miami on May 7 from 10:15 to 10:45 AM EDT on the challenge of verifying human identity online without exposing private data. Co-founder Chengdiao Fan will separately speak on May 6 on…

BridgeTower Capital has officially adopted Chainlink’s full infrastructure stack to tokenize $11 billion in securities from the DOM X Arizona Copper-Gold Project, making it one of the largest live production tokenized asset deployments ever announced and positioning Chainlink as the core operational layer for a pipeline BridgeTower says exceeds $25 billion in natural resources, energy, and metals. Summary BridgeTower Capital announced on April 23 the adoption of Chainlink’s full stack to tokenize $11 billion in securities from the DOM X Arizona Copper-Gold Project, described by both companies as live production infrastructure rather than a pilot. BridgeTower is using Chainlink CCIP…