Crypto M - Crypto News

🚀 Treasury Secretary Advocates for Clarity Act Amid Rising Stablecoin Transactions Treasury Secretary Scott Bessent has called on Congress to approve the Clarity Act, highlighting the growing significance of stablecoin transactions. According to NS3.AI, a report by Chainalysis projects that stablecoin transaction volume could escalate to $1.5 quadrillion by 2035, up from $28 trillion last year. The likelihood of the bill passing this year has increased, with Polymarket odds rising to nearly 70% from 50% earlier this week. Senate Banking Committee members are reportedly preparing to hold a hearing to vote on the bill before the month's end. #TreasurySecretary#ClarityAct#Stablecoin#StablecoinTransactions#ScottBessent#Congress#Chainalysis#Polymarket#SenateBankingCommittee#Blockchain#Cryptocurrency

🚀 Tether-Linked Super PAC Reports $300,000 Ad Spend Amid Zero Account Balance Fellowship, a super PAC reportedly associated with Tether, has revealed a $300,000 advertising expenditure to Nxum Group, a company co-founded by Tether US CEO Bo Hines. According to NS3.AI, the Federal Election Commission filing indicates that the spending was in support of Georgia Republican Clay Fuller. Despite this significant expenditure, Fellowship's current federal disclosures continue to show its accounts at zero, even after a prior announcement that it would be established with pledges totaling $100 million. #Tether#SuperPAC#AdSpend#NxumGroup#BoHines#FederalElectionCommission#GeorgiaRepublican#ClayFuller#Fellowship#PoliticalExpenditure#ZeroBalance#NS3AI

🚀 StarkWare Researcher Proposes Complex Bitcoin Transaction Scheme StarkWare researcher Avihu Mordechai Levy has introduced a Bitcoin transaction scheme that aims to circumvent the need for a protocol change. According to NS3.AI, the proposed method involves solving a pre-broadcast puzzle, which would necessitate approximately 70 trillion attempts. Levy characterized this design as a last-resort solution due to its significant computational demands, large transaction size, and potential relay-policy challenges, all of which could hinder scalability. #StarkWare#Bitcoin#transaction#AvihuMordechaiLevy#protocol#computationaldemands#scalability#relaypolicy#BTC

🚀 U.S. President Trump Orders Navy to Target Iranian Activities in International Waters U.S. President Donald Trump has announced directives for the U.S. Navy to search and seize any vessels that have paid transit fees to Iran in international waters. According to Odaily, the President also stated that the Navy will begin destroying mines laid by Iran in the strait. He warned that any Iranian forces firing upon U.S. or peaceful vessels will face severe retaliation. #Trump#USNavy#Iran#InternationalWaters#Mines#Retaliation#PresidentialDirective#Strait

🚀 Tether-Linked PAC Makes Initial Expenditure Ahead of 2026 U.S. Midterm Elections A political action committee associated with Tether, Fellowship PAC, has made its first expenditure ahead of the 2026 U.S. Congressional midterm elections. According to Odaily, the PAC paid approximately $300,000 to Nxum Group, a company co-founded by Bo Hines, to provide advertising services for Republican candidates. Bo Hines currently serves as the head of Tether's U.S. operations and previously worked as a digital asset policy advisor in U.S. President Donald Trump's administration. Jesse Spiro, the chairman of Fellowship PAC, is also affiliated with Tether US. Public records indicate that Nxum Group was established by Bo Hines and his partners. This transaction coincides with the PAC's initial expenditure report submission to the U.S. Federal Election Commission (FEC). Although Fellowship PAC has announced plans to invest up to $100 million in support of crypto-friendly candidates, its current account disclosures show nearly zero funds. Under U.S. campaign finance regulations, political committees can pay affiliated entities for services, provided they adhere to the "fair market price" principle. This has sparked discussions about potential conflicts of interest. Fellowship PAC has begun targeted advertising and candidate support in Republican elections, positioning itself as a new political influence tool for the crypto industry in the 2026 election cycle. However, questions remain regarding the transparency of its funding sources and operations. #Tether#FellowshipPAC#2026Midterms#USPolitics#CampaignFinance#CryptoPolitics#BoHines#RepublicanCandidates#PoliticalActionCommittee#ElectionAdvertising#CryptoInfluence#FEC#PoliticalFunding#ConflictOfInterest#NxumGroup

🚀 Former CEO Targeted in Violent Home Robbery for Cryptocurrency Keys Former BCB Group CEO and current Greater Things CEO, Oliver von Landsberg-Sadie, and his family were victims of a knife-point robbery at their home in Maidenhead, Berkshire, on April 2. According to Foresight News, four assailants tied up the family and demanded cryptocurrency wallet keys. Oliver von Landsberg-Sadie reported that the robbers were specifically targeting cryptocurrency assets, showing no interest in the Aston Martin parked in the driveway. As he did not possess any cryptocurrency, the thieves ultimately stole cash, silverware, and jewelry. Thames Valley Police are currently investigating the incident. Following the robbery, Oliver issued a warning to founders, CEOs, and public figures in the cryptocurrency industry, urging them to be vigilant against organized and targeted crimes and to enhance personal security measures. #CEO#cryptocurrency#robbery#cryptowallet#security#Maidenhead#ThamesValleyPolice#OliverVonLandsbergSadie#GreaterThings#BCBGroup#personalsecurity#organizedcrime

🚀 Bitcoin(BTC) Drops Below 71,000 USDT with a 2.59% Decrease in 24 Hours On Apr 12, 2026, 13:01 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 71,000 USDT and is now trading at 70,972.90625 USDT, with a narrowed 2.59% decrease in 24 hours. #Bitcoin#BTC#USDT#cryptocurrency#marketupdate#Binance#pricechange#decrease#24hour

🚀 Paradigm CEO Highlights Gen Z's Impact on Crypto Innovation Paradigm, a crypto investment firm managing approximately $12 billion, is led by co-founder and CEO Matt Huang. According to Odaily, Huang acknowledges that while Gen Z employees can sometimes create chaos, their creativity and technological breakthroughs are impressive. He remains committed to investing in young talent, citing the example of Charlie Noyes, who joined Paradigm at 19 after dropping out of MIT. Noyes played a crucial role in MEV research and Flashbots investment, contributing significantly to the Ethereum ecosystem. Huang likens the Paradigm team to running an 'X-Men Academy,' noting that despite the unpredictability of young employees, their technical skills and innovation often surpass those of traditional professionals. #GenZ#CryptoInnovation#Paradigm#MattHuang#Ethereum#MEV#Flashbots#Investment#YoungTalent#TechBreakthroughs#XMenAcademy#ETH

🚀 XRP's Triangle Breakout Sets $2.59 Price Target, Analyst Says Crypto analyst Dark Defender has highlighted a potential price target of $2.59 for XRP following its weekly triangle breakout. According to NS3.AI, Dark Defender noted that the cryptocurrency could find support at key Fibonacci levels of $1.31 and $1.37, provided it maintains its position above the previous resistance. #XRP#TriangleBreakout#PriceTarget#Crypto#DarkDefender#Fibonacci#NS3AI#Cryptocurrency

🚀 Bitcoin Tracker Update Sparks Speculation on Strategy's Next Move Michael Saylor, founder of Bitcoin treasury company Strategy, has released new information regarding Bitcoin Tracker. According to Odaily, Saylor shared the message 'Think ₿igger,' prompting speculation about Strategy's potential actions. Historically, Strategy has disclosed Bitcoin acquisitions the day after releasing such updates. #Bitcoin#MichaelSaylor#Strategy#BitcoinTracker#CryptoNews#BitcoinAcquisition#ThinkBigger#Cryptocurrency#BTC

🚀 AI TRENDS | UK Financial Regulator Assesses Risks of Anthropic's Latest AI Model The UK Financial Times reports that the British financial regulatory authority is urgently evaluating the risks associated with Anthropic's latest AI model. According to Jin10, this assessment comes amid growing concerns about the potential implications of advanced artificial intelligence technologies on financial stability and security. The regulator aims to understand the model's capabilities and any possible threats it may pose to the financial sector. This move reflects a broader trend of increased scrutiny on AI developments by global financial institutions. #AI#UKFinancialRegulator#AnthropicAI#FinancialStability#AIEthics#FinancialSecurity#GlobalScrutiny#ArtificialIntelligence

🚀 Crypto Projects Face Significant Valuation Declines According to NS3.AI, recent data from CryptoRank reveals that ten cryptocurrency projects, which once boasted billion-dollar private valuations, are now trading at market capitalizations ranging from $7 million to $294 million. These projects have experienced valuation gaps between 88% and over 99%. Notably, Scroll recorded the steepest decline at 99.54%, while Starknet saw the largest absolute drop, falling from an $8 billion valuation to approximately $199 million. #Crypto#Cryptocurrency#Valuation#MarketCrash#Blockchain#DeFi#CryptoNews#TokenEconomy