Author: James Wilson
At Token2049, experts discuss the U.S. and China trade war outlook and how Bitcoin could become the next “arms race” for countries looking to maintain economic power. On April 30, founder and CEO of Ex Uno Plures, Zoltan Pozsar commented on the trade war between China and the U.S. as both countries levy tariffs against the other in an attempt to tip the global trade system in their favor. According to Pozsar in a closed door panel, China is currently in a precarious position; similar to that of the U.S. during the Great Depression. The economist explained how China’s economy…
During a panel discussion at Token2049, the founders of Real Vision, Pantera Capital and Ex Uno Plures talk about how the world is shifting towards crypto amidst piling global debt and economic uncertainty. On April 30 at Token2049 in Dubai, founder and managing partner of Pantera Capital, Dan Morehead explained how the global trade system is now being disrupted. He compared the macroeconomic phenomenon to the shaking of a snow globe, meaning that traditional investments like stocks and bonds are no longer holding up amidst the economic uncertainty. Though no direct quotes were permissible at the event, crypto.news attended and…
XDC Labs and LayerZero Labs have announced a major collaboration that integrates LayerZero’s universal messaging protocol into the XDC Network, unlocking secure interoperability across dozens of blockchains. At XDC Tech Webinar 6.0, held virtually this month, XDC Labs and LayerZero Labs unveiled their latest collaboration, which aims to deliver secure omnichain interoperability by integrating LayerZero’s universal messaging protocol directly into XDC’s blockchain infrastructure. By combining XDC’s fast, low-cost blockchain with LayerZero’s universal messaging protocol, developers can now build truly omnichain applications. This integration lets smart contracts on XDC interact directly with dozens of other networks without relying on wrapped tokens or…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For millions of adopters, Bitcoin (BTC) represents freedom from capital controls, centralized intermediaries, and central bank debasement. But for institutions, holding Bitcoin isn’t free. In fact, it comes with persistent, measurable costs that accumulate quietly and erode value over time. This is Bitcoin’s “silent tax”—the negative carry that stems from fees, insurance costs, accounting friction, and opportunity cost. For an individual investor with conviction and a long time horizon, this drag might be avoidable or tolerable. But…
On-chain data shows that more than 85% of holders are now sitting on profits, raising speculations of short-term profit-taking. In an analysis published on Apr. 29 by CryptoQuant contributor Darkfost, the “supply in profit” metric, which tracks the percentage of Bitcoin (BTC) holders currently above their cost basis, has climbed back above 85%. This marks a strong recovery from a recent dip to 75%, a level often seen as a key support zone in past market cycles. “Having a large portion of supply in profit is not a bad thing,” Darkfost wrote. “It tends to support bullish trends — until…
BNB Chain delivered a standout Q1 performance in revenue and on-chain metrics, even as its market cap dipped almost 15%. According to a new report by Messari, BNB Chain posted strong revenue performance in Q1 2025, with network earnings jumping 58.1% quarter-over-quarter to $70.8 million. The surge was largely driven by a 122.6% increase in wallet-to-wallet transaction fees, accounting for 17.4% of total revenue, surpassing DeFi. The DeFi category contributed a modest 8.4% of total revenue, growing 7.6% QoQ, while stablecoin-related activities made up 5.2% of revenue, increasing 23.4% QoQ, but with a reduced revenue share of 5.2%. Source: Messari…
Banks have about a decade left unless they catch up with blockchain, Eric Trump warned during a stop in Dubai, calling the traditional financial system slow, expensive, and on its way out. During his visit to Dubai, Eric Trump warned that banks have about a decade to adapt to blockchain technology or face becoming obsolete as decentralized finance continues to grow. In an interview with CNBC, Eric Trump, the executive vice president of the Trump Organization, criticized the traditional financial system, calling it “broken,” “slow,” and “expensive.” He added that blockchain technology could offer superior solutions, saying “there’s nothing that…
Bunq, the second largest neobank in the EU, is expanding its services to include crypto trading with the help of crypto exchange Kraken. With more than 17 million users across Europe, the Dutch neobank plans to launch a crypto trading service called Bunq Crypto. The service will be initially available across six European nations, including the Netherlands, France, Spain, Ireland, Italy, and Belgium. However, the bank’s CEO declared it will soon be available across the rest of the European Economic Area. Launched in partnership with crypto exchange Kraken, users will be able to open an account “within seconds” and trade…
PayPal says the U.S. Securities and Exchange Commission has ended its investigation into its PYUSD stablecoin without taking any enforcement action. In a regulatory filing on Apr. 29, PayPal confirmed the SEC had wrapped up its inquiry and decided not to pursue enforcement. The investigation began in November 2023, when the SEC’s Division of Enforcement issued a subpoena asking PayPal to provide documents related to the launch and structure of PYUSD. The company said it cooperated fully. In its latest filing, it revealed that the SEC informed it in February that it “was closing this inquiry without enforcement action.” The…
Trump Media & Technology Group is exploring the addition of a utility token and digital wallet for its streaming platform, Truth+, that would allow users to pay for subscriptions. According to a letter addressed to shareholders, CEO and Chairman of Trump Media Devin Nunes declared the platform is considering a number of crypto-related innovations for users within what the firm deems as a ‘Truth ecosphere.’ Among those proposed features, the company is considering the addition of a rewards program involving its own utility token for its streaming service, Truth+. The concept of a Truth+ digital wallet and token aligns with…