Crypto M - Crypto News

🚀 PRECIOUS METALS | SPDR Gold Trust Reduces Holdings by 0.571 Tons The world's largest gold ETF, SPDR Gold Trust, has decreased its holdings by 0.571 tons, bringing the current total to 1,052.419 tons. According to Jin10, this adjustment reflects ongoing market dynamics and investor sentiment towards gold. The reduction in holdings may indicate a shift in investment strategies or responses to recent economic developments. SPDR Gold Trust's holdings are closely watched as a barometer for global gold demand and investment trends. #preciousmetals#SPDRGoldTrust#goldETF#goldholdings#investmentstrategies#economicdevelopments#globalgolddemand#goldmarket

🚀 Senate Banking Committee Cancels Hearing for Federal Reserve Chair Nominee Kevin Warsh The Senate Banking Committee has decided not to proceed with a confirmation hearing for Kevin Warsh, who was nominated for the position of Federal Reserve Chair. According to NS3.AI, this decision marks a significant shift in the nomination process, raising questions about the future leadership of the Federal Reserve. The reasons behind the cancellation have not been disclosed, leaving the financial community speculating on potential implications for monetary policy and economic stability. The Federal Reserve plays a crucial role in managing the country's monetary policy, and the appointment of its chair is closely watched by investors and policymakers alike. The committee's decision to halt the hearing could impact market sentiment and investor confidence in the short term. #Senate#BankingCommittee#FederalReserve#KevinWarsh#Nomination#MonetaryPolicy#EconomicStability#MarketSentiment#InvestorConfidence#Leadership

🚀 BNB Surpasses 610 USDT with a 0.89% Increase in 24 Hours On Apr 09, 2026, 22:18 PM(UTC). According to Binance Market Data, BNB has crossed the 610 USDT benchmark and is now trading at 610.580017 USDT, with a narrowed 0.89% increase in 24 hours. #BNB#USDT#Binance#Cryptocurrency#CryptoNews#CryptoTrading#PriceUpdate#MarketData#Crypto涨幅#数字货币

🚀 TD Cowen Adjusts Price Targets for Strategy and Sharplink TD Cowen has revised its price target for Bitcoin treasury firm Strategy to $350. According to NS3.AI, the financial services company also initiated coverage on Ethereum treasury company Sharplink with a 'buy' rating and set a price target of $16. TD analysts expressed confidence that Sharplink's staking revenue would be sufficient to cover its operating costs, even if Ethereum's market performance remains subdued. #TDCowen#PriceTarget#Bitcoin#Strategy#Sharplink#Ethereum#StakingRevenue#FinancialServices#Cryptocurrency#InvestmentAnalysis#BTC#ETH

🚀 CFTC and DOJ Legal Actions Could Influence Future of Prediction Markets The Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) have initiated legal proceedings against the states of Arizona, Connecticut, and Illinois concerning their actions against CFTC-registered prediction markets. According to NS3.AI, a recent 2-1 ruling by the Third Circuit Court upheld an injunction preventing New Jersey from applying its gambling laws to Kalshi, a prediction market platform. The court determined that Kalshi's contracts related to sports events are classified as swaps under the Commodity Exchange Act, thereby falling under the exclusive jurisdiction of the CFTC. This legal dispute has the potential to significantly influence the regulatory framework for decentralized prediction markets and crypto-native derivatives across the United States. #CFTC#DOJ#PredictionMarkets#Kalshi#CommodityExchangeAct#Regulation#CryptoDerivatives#USLaw#LegalActions#DecentralizedFinance

🚀 PRECIOUS METALS | Spot Gold and Silver Open Slightly Higher, WTI Crude Oil Rises Spot gold and silver prices opened slightly higher on Friday, alongside an increase in WTI crude oil prices. According to Jin10, the futures for the three major U.S. stock indices showed a slight decline. This movement in the commodities market comes amid ongoing global economic uncertainties, influencing investor sentiment and market dynamics. The fluctuations in precious metals and crude oil prices are closely watched by traders and analysts, as they reflect broader trends in the financial markets. #preciousmetals#gold#silver#WTI#crudeoil#economy#commodities#globaluncertainty#financialmarkets#trading#investors

🚀 Bank of Korea Advocates Bank-Led Model for Won Stablecoins The Bank of Korea has proposed a bank-led model for issuing won stablecoins, citing media ownership laws as justification. According to NS3.AI, the central bank suggests that issuers should adhere to a rule requiring banks to hold 50% plus one share ownership. This proposal was detailed in materials submitted to Democratic Party lawmaker Park Min-gyu's office, referencing Article 8 of the Broadcasting Act and Article 18 of the Newspaper Act. However, critics argue that using media ownership laws to regulate stablecoins represents a significant logical leap. #BankofKorea#Stablecoins#WonStablecoins#BankLedModel#MediaOwnershipLaws#NS3AI#DemocraticParty#ParkMinGyu#BroadcastingAct#NewspaperAct#Criticism

🚀 Venezuela's National Assembly Approves New Mining Law to Attract Foreign Investment Venezuela's National Assembly unanimously passed a new mining law on Thursday, which includes 131 articles aimed at garnering support from the United States and attracting foreign investment. According to Jin10, the law features provisions that support foreign investment, such as an 'economic balance' clause and international arbitration options, differing from the 1999 framework that restricted disputes to local courts. The legislation introduces a simplified tax system, with royalties up to 13% of production and a new mining tax up to 6% of total revenue, while exempting several existing taxes. The maximum concession period is extended to 30 years, up from the previous 20 years, with the possibility of two 10-year extensions. Officials stated that the reform aims to attract investment in projects involving gold, bauxite, and other strategic minerals. However, the government retains the authority to designate certain resources or areas as national interests and impose special conditions. #Venezuela#MiningLaw#ForeignInvestment#Gold#Bauxite#EconomicReform#TaxIncentives#NaturalResources#NationalAssembly#InternationalArbitration

🚀 Circle Shares Decline After Downgrade Amid Drift Exploit Concerns Circle's stock experienced a 9.9% drop, closing at $85.10, following a downgrade by Compass Point from neutral to sell. According to NS3.AI, this development comes amid a notice urging investors impacted by the $280 million Drift exploit to reach out to Gibbs Mura for potential financial recovery. This notice suggests the possibility of an early-stage class-action investigation. It is important to note that Circle was not directly involved in the exploit. #Circle#StockMarket#Downgrade#DriftExploit#FinancialRecovery#ClassAction#Investing#USDC

🚀 Pepe ETF Filed Amid Limited Interest in Smaller Crypto ETFs Canary Capital has filed for a Pepe ETF, marking a significant development in the cryptocurrency market. According to NS3.AI, this move comes as CoinShares-tracked Dogecoin ETFs have attracted only $13 million in inflows so far this year. On Thursday, Pepe was trading at approximately $0.00000359, reflecting a slight increase of about 0.6% over the previous day. James Butterfill of CoinShares noted that crypto ETFs, apart from the largest ones, have not gained much traction among investors. #PepeETF#CryptoETF#Cryptocurrency#Dogecoin#CanaryCapital#NS3AI#Investing#Blockchain#ETFLaunch#CryptoNews#DOGE#PEPE

🚀 Android SDK Vulnerability Poses Risk to Crypto Wallet Apps A vulnerability in an Android Software Development Kit (SDK) could potentially expose sensitive data from crypto wallet applications, according to Microsoft Defender researchers. The flaw, which affects apps downloaded over 30 million times, may lead to the leakage of personally identifiable information, user credentials, and financial data. According to NS3.AI, there have been no reported instances of attackers exploiting this vulnerability so far. #AndroidSDK#vulnerability#cryptowallet#MicrosoftDefender#NS3AI#dataleak#personallyidentifiableinformation#usercredentials#financialdata#cybersecurity

🚀 Quantum Safe Bitcoin Proposed to Resist Quantum Attacks Avihu Levy has introduced a concept called Quantum Safe Bitcoin, which is a hash-based transaction design intended to withstand quantum computing attacks. According to NS3.AI, this proposal seeks to enhance Bitcoin's security without altering its fundamental rules. The estimated cost for implementing this design using cloud GPU computing ranges from $75 to $150. However, the complete transaction assembly and broadcast have yet to be demonstrated on the blockchain. #QuantumSafeBitcoin#Bitcoin#QuantumComputing#Blockchain#Cryptocurrency#CyberSecurity#DigitalCurrency#CryptoInnovation#BTC