Cosmos, a blockchain network aiming to become the “internet of blockchains,” has launched Eureka, an interoperability layer designed to link its inter-blockchain communication (IBC) protocol with Ethereum.According to an April 10 announcement, Eureka has expanded the Cosmos IBC protocol, changing IBC from an ecosystem standard “to a universal interoperability protocol,” setting the hub on a course to become the home of multichain apps.Cosmos projects are integrating into IBC Eureka. Source: CosmosWith the introduction of Eureka, many Cosmos-based applications and blockchains are now accessible to more users by expanding IBC to the Ethereum network. With the new protocol, developers can reportedly build multichain apps across multiple ecosystems without fragmenting the user base.Related: Cosmos co-founder proposes peer-to-peer clearing system in white paperThe announcement said that most projects rely on bridges for interoperability, resulting in the introduction of intermediaries as well as user and liquidity fragmentation. With bridges, users can simply move assets between blockchains, while with Eureka, developers promise to deliver native interoperability.Cosmos Hub Integration Image. Source: CosmosCointelegraph reached out to the Interchain Foundation, the organization behind Cosmos, but did not receive a response by publication.How IBC Eureka worksEureka relies on a distribution zone allowing developers to access all IBC connections, users, liquidity and services without additional infrastructure. The Cosmos Hub also allows users to access apps, services and assets across the included ecosystems.Related: Cosmos ecosystem rocked by North Korean developer allegationsSome early use cases include Bitcoin staking protocol Babylon, whose users will now be able to transfer Bitcoin liquid staking tokens from Ethereum to Babylon’s Cosmos-based chain. Similarly, decentralized finance (DeFi) protocol Elys will enable trading with Wrapped Ether (WETH), Wrapped Bitcoin (WBTC) and USDt (USDT) from Ethereum.More integrations comingIn the future, developers promise that users will be able to leverage Eureka-powered multichain features in major decentralized exchange (DEX) dYdX. Real-world asset tokenization platform Mantra will also reportedly bridge capital from Ethereum into Cosmos-based real-estate markets, staking infrastructure and permissioned DeFi applications.According to the announcement, IBC — which Eureka upgrades — has facilitated an average of up to $3 billion in transaction volume among more than 115 blockchains every month since its launch. Still, the integration was far from seamless for blockchains that were not part of the Cosmos ecosystem.Magazine: Arbitrum co-founder skeptical of move to based and native rollups: Steven Goldfede
American stock exchange Nasdaq has filed an application with the United States Securities and Exchange Commission (SEC) to list and trade shares of the VanEck Avalanche Trust, a proposed exchange-traded fund (ETF) designed to offer indirect exposure to the AVAX token.The filing, signed by Nasdaq’s executive vice president and chief legal officer John Zecca, requests approval to list and trade shares of the VanEck Avalanche ETF under the company’s Rule 5711(d), which governs the trading of commodity-based trust shares. If approved, the VanEck Avalanche ETF would allow investors to gain exposure to the Avalanche (AVAX) price without directly holding them. The ETF would hold the tokens and track their price, allowing investors to profit from the token’s performance without needing crypto wallets or using digital asset trading platforms. According to the filing, asset manager VanEck Digital Assets will sponsor the trust, while a third-party custodian will hold all the Avalanche tokens on the trust’s behalf. Excerpt of Nasdaq’s Avalanche ETF listing application. Source: NasdaqRelated: XRP ETF: Here are the funds awaiting SEC approval so farVanEck joins Avalanche ETF raceThe filing follows VanEck’s efforts to register a spot Avalanche ETF in the US. On March 10, the asset manager registered the crypto investment product as a trust corporate service company in Delaware. The application marks the fourth standalone crypto ETF product submitted by VanEck, alongside its Bitcoin (BTC), Ether (ETH) and Solana (SOL) ETF products. In 2024, VanEck filed for a spot Solana ETF, becoming one of the first issuers to file for a SOL-based ETF. On March 14, VanEck’s formal application for the Avalanche ETF was shared publicly via social media, signaling the firm’s commitment to the product.Grayscale Investments is also pursuing an AVAX-backed ETF. On March 28, Nasdaq applied to list Grayscale’s Avalanche ETF. The product would be a conversion of a close-ended AVAX fund launched by the asset manager in August 2024. Despite the interest in exchange-traded products based on AVAX, the token suffered massive losses in 2025 as the broader crypto markets saw a downturn. On April 10, the AVAX token traded at $18, which is 56% less than its January high of $41. Magazine: XRP win leaves Ripple and industry with no crypto legal precedent set
The United States Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC) in a 52-44 vote on April 9. The decision, supported entirely by Senate Republicans, initiates a departure from the enforcement-led regulatory approach under former Chair Gary Gensler. Atkins, a former SEC Commissioner and longtime Wall Street consultant, is positioned […]
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Until his pardon, Ulbricht was serving a life sentence without the possibility of parole for creating and operating Silk Road.
AG Letitia James recommended stablecoins should be both backed 1:1 by U.S. dollars or treasuries and issued by American companies.
Bitcoin wasn’t supposed to just sit still.When Satoshi Nakamoto released the white paper in 2008, it wasn’t a blueprint for digital gold; it was a peer-to-peer cash system. But fast-forward to today, and Bitcoin’s biggest critics and supporters alike often agree on one thing: It doesn’t really work like money, at least not yet.In the latest episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with Eli Ben-Sasson, the co-founder of StarkWare and one of the leading minds in cryptographic scaling. His message? That might be about to change.Bitcoin’s three pillarsBen-Sasson lays out a compelling framework for how Bitcoin can evolve — not by abandoning its principles, but by scaling them. He describes three core pillars that need to align in order for Bitcoin to fulfill its promise. Broadness, integrity and verifiability, according to Ben-Sasson, are concrete, technical targets for Bitcoin’s widespread adoption and useability. Not only that, but the tools to hit these targets already exist. The reintroduction of a long-dormant opcode, OP_CAT, could be the first domino. “Nine lines of code,” he said, “that would make Bitcoin programmable again.”Store of value or economic backboneRight now, Bitcoin is often described as digital gold, a pristine, untouchable store of value. But Ben-Sasson wants to see it function more like a digital economy: permissionless, inclusive and usable in everyday transactions. That means rethinking what Bitcoin is for and upgrading how it works.“If we don’t make Bitcoin more useful, we risk making it irrelevant.”The conversation touches on everything from the politics of Bitcoin governance to the role of zero-knowledge proofs and layer-2s in building scalable, decentralized systems. Related: Jack Dorsey pushes Signal to adopt Bitcoin paymentsIt also explores what it would take to build money that works for everyone, not just the technically elite or financially privileged.“We are not in a situation where Bitcoin is a system that today can allow any two parties to transact without any trusted intermediary. We're simply not there. To me, that's the start, middle and end of of the reason why things need to change.”To hear the full conversation on The Clear Crypto Podcast, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows! Magazine: SEC’s U-turn on crypto leaves key questions unanswered
VanEck has filed a request to launch an $AVAX ETF on Nasdaq, aiming to expand access to the Avalanche blockchain. As the cryptocurrency market continues to grow, the proposed ETF would provide investors with an easy and regulated way to invest in $AVAX. The move highlights the increasing interest in cryptocurrency-based investment products and reflects …
A blockchain with Meta DNA, Aptos faces a challenge of differentiation in an increasingly skeptical market. Head of ecosystem Pampati talks with CoinDesk ahead of his appearance at Consensus 2025 in Toronto May 14-16.
The company led by Jack Dorsey has agreed to retain an independent monitor after violating the Department’s money transmitter and virtual currency rules.
Ethereum saw a dramatic turnaround this week, bouncing over 21% from its recent low of $1,380 in just hours. The sharp recovery came in response to an unexpected shift in macroeconomic policy: US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries—except China, which now faces a steep 125% tariff. The news sent a ripple through global markets, sparking a short-term rally in risk assets, including crypto. Related Reading: XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal? Ethereum, which had been under heavy selling pressure for weeks, appears to have found temporary relief. According to Glassnode data, long-term Ethereum holders are starting to fold, offloading positions at a loss after months of decline. Historically, these moments of long-term holder capitulation have often marked bottoming phases and preceded meaningful rebounds. While short-term volatility remains elevated, some analysts view this setup as a potential opportunity zone, especially for contrarian investors looking to accumulate during peak fear. The market now watches to see if ETH can hold its gains or if broader uncertainty will drag prices back down. One thing is clear: the next few days could be pivotal for Ethereum’s trend heading into the second half of 2025. Ethereum Finds Relief Amid Chaos, But Market Remains On Edge Ethereum is now at a pivotal crossroads after enduring weeks of relentless selling pressure and uncertainty. The recent surge from sub-$1,400 levels has offered a glimmer of hope, as bulls begin to push back against the downtrend. This bounce follows aggressive volatility not just in crypto but across global equities, with price action rocked by continued geopolitical unrest and macroeconomic instability. US President Donald Trump’s unpredictable stance on tariffs remains a wildcard, keeping global markets on edge. Since peaking in late December, Ethereum has shed over 60% of its value, triggering growing concern that a full-scale bear market may be unfolding. Many investors have already exited positions, while others remain sidelined waiting for clarity. Still, some see opportunity. According to top analyst Ali Martinez, long-term Ethereum holders have now entered what’s commonly referred to as “capitulation” mode—a stage when even the most patient investors begin to fold under pressure. Martinez believes this could present a rare window for contrarian buyers. “For those watching risk-reward dynamics, this phase has historically marked prime accumulation zones,” he shared on X. While Ethereum’s path forward is still uncertain, current sentiment suggests that a critical test is underway—one that could determine whether this recovery has legs, or if further pain lies ahead. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Bulls Look To Confirm Recovery With Key Breakout Ethereum is showing signs of short-term strength as it forms an “Adam & Eve” bullish reversal pattern on the 4-hour chart. This classic technical formation, which starts with a sharp V-shaped low followed by a rounded bottom, often signals a potential breakout if price action holds and follows through. For Ethereum, reclaiming the $1,820 level is the first step to confirm this bullish structure. If bulls can push ETH above this level with conviction, the next key challenge lies at the 4-hour 200 moving average (MA) and exponential moving average (EMA), both of which converge around the $1,900 mark. A decisive breakout through this zone would validate the recovery setup and could kickstart a more sustained move higher. Related Reading: Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces Coming? However, failure to reclaim the $1,800 level in the coming days may keep ETH stuck in a consolidation range. If rejected, price could remain rangebound between current levels and the lower support area near $1,300, where ETH recently bounced. For now, all eyes are on how price reacts to the resistance levels ahead, as bulls aim to regain control and shift the short-term momentum in their favor. Featured image from Dall-E, chart from TradingView
U.S. inflation has decreased to 2.4%, coming in lower than the anticipated 2.5%. This marks a drop from the previous 2.8%. The decline in inflation signals a positive shift in the economy, offering relief to consumers and businesses. The latest figures indicate that inflationary pressures are easing, with the economy showing signs of stabilization. Analysts …
As the North American financial market gradually opened on Thursday, April 10, it was more evident that the United States investors are bullish on the wider crypto market in the long haul. After President Donald Trump promised more great days ahead, akin to Wednesday, Bitcoin (BTC) price led the wider altcoin market in mild recovery …
Rising geopolitical tensions and the Donald Trump administration’s tariffs are pushing nations to reconsider their dependence on the US financial system. A new report from investment management firm VanEck highlights how the US weaponization of trade and financial infrastructure drives increased interest in neutral payment systems. Once viewed as theoretical, these settlement rails are now […]
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DOGE shows remarkable resilience amid global economic tensions, with technical indicators pointing to continued upward momentum.
Prediction market says Canada's former central banker will likely take the Liberal Party into an easy victory – thanks to aggressive posturing by U.S. President Donald Trump.
Filecoin (FIL) was also among the top underperformers, declining 4.5% from Wednesday.
Austrian fintech unicorn Bitpanda has secured its third license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, further expanding its regulatory footprint across the bloc.Bitpanda announced on April 10 that it would receive a new MiCA license from Austria’s Financial Market Authority (FMA), its third after approvals from regulators in Germany and Malta.Its latest approval marks “another step toward building the most regulated crypto platform in Europe,” the exchange said in an announcement on X.Source: BitpandaMiCA, which took full effect on Dec. 30, 2024, is designed to provide a harmonized legal framework for crypto asset service providers (CASPs) across the EU. Despite this goal, Bitpanda’s pursuit of multiple licenses raises questions about how consistently MiCA is being interpreted and enforced across the bloc.Bitpanda’s MiCA collection storyVienna-headquartered Bitpanda was one of the first crypto asset service providers (CASP) to receive a MiCA license after the framework entered into full force.Germany’s Federal Financial Supervisory Authority (BaFin) was the first regulator to issue a MiCA license for Bitpanda, the firm announced on Jan. 23.According to Bitpanda’s announcement on LinkedIn, it subsequently secured another MiCA license from the Malta Financial Services Authority (MFSA).Related: Malta regulator fines OKX crypto exchange $1.2M for past AML breaches“Following yesterday’s announcement of our first MiCAR license, this second license sends a clear message: Bitpanda is setting the standard as Europe’s most secure and well-regulated crypto platform,” the company wrote.Bitpanda announced receiving a MiCA license from the MFSA in a LinkedIn post. Source: LinkedIn posting date extractorAt the time of publication, none of the relevant regulators — Austria’s FMA, Germany’s BaFin, or Malta’s MFSA — maintain publicly available registries showing which firms have received MiCA licenses.Data from Austria’s Financial Market Authority on Bitpanda’s licensing. Source: FMAAccording to Austria’s FMA records, Bitpanda currently holds four different approvals in Austria and Germany for entities including Bitpanda Asset Management GmbH, Bitpanda Financial Services GmbH, Bitpanda GmbH and Bitpanda Payments GmbH.Does MiCA provide for multiple licenses in EU states?Proposed in 2020, the MiCA framework is designed to set comprehensive regulations for CASPs across the EU, creating “uniform EU market rules for crypto-assets,” according to a key MiCA regulator, the European Securities and Markets Authority.Despite MiCA’s aim to harmonize crypto regulation across the EU, Bitpanda’s pursuit of multiple licenses suggests regulatory inconsistencies may still exist among member states.Cointelegraph approached Bitpanda for comment regarding its approach to securing multiple MiCA licenses but did not receive a response at the time of publication.Magazine: How crypto laws are changing across the world in 2025
"We see a great opportunity in the market for liquid tokens when you look at current valuations," Node Capital's Amos Meiri told The Block.
The integration of crypto by tech giants and regulatory clarity could accelerate institutional adoption, reshaping global financial dynamics.
The post Charles Hoskinson sees Bitcoin hitting $250K as tariffs fade and liquidity returns appeared first on Crypto Briefing.
Major South Korean banks are pushing for a change in the country’s crypto policy, aiming to expand their ability to partner with multiple crypto exchanges. This proposed change, reported by local outlet MT, surfaced during an April 9 meeting organized by the Korea Federation of Banks alongside lawmakers from the ruling People Power Party. According […]
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Umoja achieves the yield through covered calls and arbitrage.
Key takeawaysAI tools like ChatGPT can help both experienced and new crypto investors track portfolios with ease, freeing up time for other investment activities and making the process more accessible.Defining specific requirements, such as which cryptocurrencies to track and the desired data points, is essential for building an effective portfolio tracker tailored to your investment goals.By combining ChatGPT with real-time crypto data from APIs like CoinMarketCap, you can generate valuable market commentary and analysis, providing deeper insights into your portfolio performance.Developing additional features like price alerts, performance analysis and a user-friendly interface can make your tracker more functional, helping you stay ahead of market trends and manage your crypto investments more effectively.If you’re a cryptocurrency investor, you’ve clearly got a strong appetite for risk! Cryptocurrency portfolios involve many immersive stages, from desktop research on the profitability of cryptocurrencies to actively trading crypto to monitoring regulations. Managing a portfolio of cryptocurrencies can be complex and time-consuming, even for savvy investors. Conversely, if you’re a newbie in the world of cryptocurrencies and want to set yourself up for success, you may be put off by the complexity of it all. The good news is that artificial intelligence (AI) offers valuable tools for the crypto industry, helping you simplify portfolio tracking and analysis when applied effectively. As an experienced crypto investor, this can help free up your valuable time to focus on other activities in your investment lifecycle. If you’re a new investor, AI can help you take that all-important first step. Read on to see how AI, and specifically, ChatGPT, can help you build a customized portfolio tracker.To begin with, what is it? Let’s find out.What is ChatGPT?ChatGPT is a conversational AI model that can deliver various tasks using user-defined prompts — including data retrieval, analysis and visualizations. The GPT stands for “Generative Pre-trained Transformer,” which references the fact that it is a large language model extensively trained on copious amounts of text from diverse sources across the internet and designed to understand context and deliver actionable results for end-users. The intelligence of ChatGPT makes it a powerful resource for building a crypto portfolio tracker specifically geared toward your investment profile and objectives.Let’s learn how to build a custom portfolio tracker with ChatGPT.Step 1: Define your requirementsTechnical specifics notwithstanding, it is crucial to first define what you expect from your crypto portfolio tracker. For example, consider the following questions:What cryptocurrencies will you track? What is your investment approach? Are you looking to actively day trade cryptocurrencies or are you looking to “buy and hold” them for the long term?What are the data points you need to compile for the tracker? These may include but are not limited to price, market cap, volume and even news summaries from the web that could materially alter your investment decisions.What exactly do you need the tracker to deliver for you? Real-time updates? Periodic summaries? Perhaps a combination of both?What do you want the output to look like? Alerts, performance analysis, historical data or something else?Once you have a clear understanding of your requirements, you can move on to the next steps. It is best practice to write down your requirements in a consolidated specifications document so you can keep refining them later if required.Step 2: Set up a ChatGPT instanceThis is the fun bit! Well, it is if you enjoy geeking out on code. Remember that ChatGPT is a large language model with a vast amount of intelligence sitting underneath it. Using ChatGPT effectively therefore requires you to be able to access the underlying model, which you can do via an Application Program Interface, or API. The company that owns ChatGPT — OpenAI — provides API access to the tool you can utilize to build your tracker. It’s simpler than you might think. You can use a basic three-step process to set up your own ChatGPT instance:Navigate to OpenAI and sign up for an API key.Set up an environment to make API calls. Python is an ideal choice for this, but there are alternatives, such as Node.js.Write a basic script to communicate with ChatGPT using the API key. Here’s a Pythonic script that you may find useful for incorporating OpenAI capabilities into Python. (Note that this is only intended as a representative example to explain OpenAI integration and not to be viewed as financial advice.)Step 3: Integrate a cryptocurrency data sourceWith your ChatGPT instance set up, it is time to complete the other part of the puzzle, namely, your cryptocurrency data source. There are many places to look, and several APIs can help with the information required for this step. Examples include CoinGecko, CoinMarketCap and CryptoCompare. Do your research on these options and choose one that fits your requirements. Once you’ve made your choice, choose one that fits your requirements and integrate it with the ChatGPT instance you spun up as part of Step 2. For example, if you decide to use the CoinMarketCap API, the following code will get you the latest price of Bitcoin, which you may be trading as part of your crypto portfolio. Step 4: Combine ChatGPT and crypto dataYou’ve done the hard bit, and given that you now have both an AI capability (ChatGPT) and a cryptocurrency data source (CoinMarketCap in this example), you are ready to build a crypto portfolio tracker. To do this, you can leverage prompt engineering to tap into ChatGPT’s intelligence to request data and generate insights.For example, if you want your tracker to return a summary of cryptocurrency prices at a desired time, summarized in a data frame for visualization, consider writing the following code:====================================================================```python # Set your OpenAI API key client = OpenAI(api_key=openai_api_key) messages = [ {"role": "system", "content": "You are an expert market analyst with expertise in cryptocurrency trends."}, {"role": "user", "content": f"Given that the current price of {symbol} is ${price:.2f} as of {date}, provide a concise commentary on the market status, including a recommendation."} ] try: response = client.chat.completions.create( model="gpt-4o-mini", messages=messages, max_tokens=100, temperature=0.7 ) commentary = response.choices[0].message.content return commentary except Exception as e: print(f"Error obtaining commentary for {symbol}: {e}") return "No commentary available."def build_crypto_dataframe(cmc_api_key: str, openai_api_key: str, symbols: list, convert: str = "USD") -> pd.DataFrame: records = [] # Capture the current datetime once for consistency across all queries. current_timestamp = datetime.now().strftime("%Y-%m-%d %H:%M:%S") for symbol in symbols: price = get_crypto_price(cmc_api_key, symbol, convert) if price is None: commentary = "No commentary available due to error retrieving price." else: commentary = get_openai_commentary(openai_api_key, symbol, price, current_timestamp) records.append({ "Symbol": symbol, "Price": price, "Date": current_timestamp, "Market Commentary": commentary }) df = pd.DataFrame(records) return df# Example usage:if __name__ == '__main__': # Replace with your actual API keys. cmc_api_key = ‘YOUR_API_KEY’ openai_api_key = ‘YOUR_API_KEY’ # Specify the cryptocurrencies of interest. crypto_symbols = ["BTC", "ETH", "XRP"] # Build the data frame containing price and commentary. crypto_df = build_crypto_dataframe(cmc_api_key, openai_api_key, crypto_symbols) # Print the resulting dataframe. print(crypto_df)```====================================================================The above piece of code takes three cryptocurrencies in your portfolio — Bitcoin (BTC), Ether (ETH) and XRP (XRP), and uses the ChatGPT API to get the current price in the market as seen in the CoinMarketCap data source. It organizes the results in a table with AI-generated market commentary, providing a straightforward way to monitor your portfolio and assess market conditions.Step 5: Develop additional featuresYou can now enhance your tracker by adding more functionality or including appealing visualizations. For example, consider:Alerts: Set up email or SMS alerts for significant price changes.Performance analysis: Track portfolio performance over time and provide insights. Visualizations: Integrate historical data to visualize trends in prices. For the savvy investor, this can help identify the next major market shift.Step 6: Create a user interfaceTo make your crypto portfolio tracker user-friendly, it’s advisable to develop a web or mobile interface. Again, Python frameworks like Flask, Streamlit or Django can help spin up simple but intuitive web applications, with alternatives such as React Native or Flutter helping with mobile apps. Regardless of choice, simplicity is key.Did you know? Flask offers lightweight flexibility, Streamlit simplifies data visualization and Django provides robust, secure backends. All are handy for building tools to track prices and market trends!Step 7: Test and deployMake sure that you thoroughly test your tracker to ensure accuracy and reliability. Once tested, deploy it to a server or cloud platform like AWS or Heroku. Monitor the usefulness of the tracker over time and tweak the features as desired. The integration of AI with cryptocurrencies can help track your portfolio. It lets you build a customized tracker with market insights to manage your crypto holdings. However, consider risks: AI predictions may be inaccurate, API data can lag and over-reliance might skew decisions. Proceed cautiously.Happy AI-powered trading!
Based in Bermuda, Meanwhile offers a "BTC Whole Life" insurance product, which is a "whole life" insurance plan that's based in bitcoin.
Tokenized gold trading volume surged to a two-year high this week, topping $1 billion as investors pivoted toward safe-haven assets amid global uncertainty triggered by US President Donald Trump’s import tariffs.The weekly trading volume of tokenized gold surpassed the $1 billion mark for the first time since March 2023, when a US banking crisis saw the sudden collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Signature Bank was also forced to close operations by New York regulators on March 12, two days after Silvergate’s liquidation.Tokenized gold has experienced a significant surge in trading interest since early February, when global trade war fears started spreading to digital markets, according to a CEX.io research report shared with Cointelegraph.Top tokenized gold assets, trading volume. Source: CoinGecko, Cex.ioSince Trump’s first tariff announcement on Jan. 20, Paxos Gold (PAXG) trading volume has surged by over 900%, Tether Gold (XAUT) trading rose over 300% and Kinesis Gold (KAU) volume increased by more than 83,000%.Tokenized gold has become one of the best-performing crypto categories since Trump’s inauguration, surging over 21% in market cap and over 1,000% in trading volume, while stablecoins saw an 8% market cap increase and a 285% trading volume expansion during the same period.Tokenized gold, market cap. Source: Cex.ioTokenized gold is part of the growing real-world asset (RWA) tokenization sector, which refers to financial products and tangible assets such as real estate and fine art minted on the blockchain.Related: BlackRock ‘BUIDL’ tokenized fund triples in 3 weeks as Bitcoin stallsGold prices hit new highsThe surge in tokenized gold coincides with a record-setting performance in physical gold. On March 31, gold hit an all-time high of over $3,100 per ounce and was trading above $3,118 at the time of writing.BTC, gold, year-to-date chart. Source: Cointelegraph/TradingViewSince the beginning of 2025, the price of gold has risen over 18%, outperforming Bitcoin (BTC), which has fallen by more than 12% year-to-date, TradingView data shows.Gold’s robust price performance after key tariff-related events highlights a growing appetite for safe-haven assets, according to Illia Otychenko, lead analyst at Cex.io.However, tokenized gold remains far from being a physical gold competitor at the current “stage of RWA development,” the analyst told Cointelegraph, adding:“Tokenized gold presents a compelling alternative for crypto-native investors who might otherwise look to Bitcoin or stablecoins.”“In this context, tokenized gold has primarily served as a diversification tool, gaining increasing traction in investor portfolios as market uncertainty deepens,” he addedRelated: Stablecoins, tokenized assets gain as Trump tariffs loomGeopolitical trade tensions caused by Trump’s import tariffs have inspired a flight to safety among crypto investors, specifically toward stablecoins and tokenized assets.Following the 2023 banking crisis, the Federal Reserve created the Bank Term Funding Program, offering banking loans of up to a year in return for posting “qualifying assets” as collateral.This emergency measure was what started the Bitcoin bull run in 2023, according to BitMEX co-founder and former CEO Arthur Hayes.Magazine: Ripple says SEC lawsuit ‘over,’ Trump at DAS, and more: Hodler’s Digest, March 16 – 22
The U.S. Consumer Price Index (CPI) for March has dropped to 2.4%, lower than the expected 2.5%. This comes right after President Trump’s 90-day pause on tariffs, bringing new hope to the market. With inflation slowing down, financial markets are reacting fast. Bitcoin, which was struggling, has now surged past $82,000. But will this rally …
Whether the fresh inflation numbers boost rate cut hopes or the price of bitcoin is another story as the data is from prior to last week's sweeping tariff announcements.
United Kingdom regulators are increasingly concerned about the impact of stablecoins and the broader crypto industry on the country’s financial system and monetary stability.During Financial Policy Committee meetings held on April 4 and 8, regulators noted that while the current “interconnectedness of unbacked crypto asset markets with the real economy and financial sector is growing but remains relatively limited,” stablecoins and crypto markets have expanded significantly in the past year, drawing heightened regulatory attention.The UK, its central bank and its local regulator, the Financial Conduct Authority, have been developing frameworks for stablecoins to ensure financial resilience. The committee claims to have determined the factors that make a stablecoin resilient:“A key determinant of the resilience of stablecoins was the liquidity, credit and market risks of their backing assets, which were in place to ensure that redemptions can be met in a timely manner at par, even in periods of stress.“The committee raised alarm over the “greater issuance of sterling offshore stablecoins with inappropriate backing assets.” This has implications for UK financial markets and “even with appropriate regulation, greater use of stablecoins denominated in foreign currencies could make some economies vulnerable to currency substitution,” the committee said.Bank of England. Source: WikimediaRelated: Builders beware — The UK’s 2026 crypto regime is comingCurrency substitution risks spark concernCommittee members are worried that if stablecoin use were to move beyond crypto settlements, it could result in “implications for retail and wholesale cross-border payments.” In retail flows, stablecoin use by households and small and medium-sized enterprises could, for cross-border payments, “result in currency substitution,” increasing counterparty risk.The statement followed reports about growing stablecoin adoption not limited to crypto remittances in emerging markets, especially in Africa. A recent report from Chainalysis found that stablecoins now make up nearly half of all transaction volume in Sub-Saharan Africa.Similarly, a late 2024 report suggested that a number of emerging economies across Africa have the potential to become digital asset hubs. Ben Caselin, chief marketing officer of Johannesburg-based crypto exchange VALR, told Cointelegraph at the time:“South Africa is the entryway to the rest of Africa with a good rule of law and independent judiciary. It’s easy to open a company in South Africa.”Still, reports of similar trends in developed economies with easily accessible financial infrastructure are scarce. Experts often point to the unavailability of banking services and unstable local fiat currencies as the reason why developing countries — from Africa in particular — are eager to adopt dollar-based stablecoins and crypto.Related: 3 reasons why stablecoin growth thrives globally — Will US follow under Trump?UK is not alone in worryingThe United Kingdom is in good company in worrying about the impact of stablecoins and the broader crypto industry on monetary stability. The European Securities and Markets Authority (ESMA) recently warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with conventional finance players. ESMA’s executive director, Natasha Cazenave said:“We cannot rule out that future sharp drops in crypto prices could have knock-on effects on our financial system.”Local regulators are already acting on those concerns. In late March, the European Union’s insurance authority proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of their crypto holdings as part of a measure to mitigate risks for policyholders.Magazine: Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express
What is GHIBLI memecoin? Ghiblification (GHIBLI) is a memecoin built on the Solana blockchain. It draws inspiration from the Ghibli-styled ChatGPT-generated images, which are influenced by the aesthetic work of Studio Ghibli, a Japanese animation studio. The token gained viral traction shortly after its launch on March 25, 2025, via the @ghibli account on X.Riding a wave of community-generated content on social media, particularly X, GHIBLI saw a sharp price rise, peaking at $0.03918 on March 28, 2025, before declining to $0.0033 by April 7. During this period, its market capitalization fell from $39.179 million to $3.37 million. In its first 24 hours, the GHIBLI/SOL trading pair jumped 37%, signaling strong investor interest. Some traders view this as a hopeful signal for the memecoin sector, which has slumped by more than 50% since December 2024. The total token supply of GHIBLI memecoin is capped at 1 billion, with over 999 million currently in circulation.Studio Ghibli, founded in 1985 by Hayao Miyazaki, Isao Takahata and Toshio Suzuki, is known for its meticulously hand-drawn animation, richly detailed backgrounds and emotional storytelling. By April 7, 2024, the studio had produced 22 full-length animated features. Some well-known films by the studio include Grave of the Fireflies (1998), Spirited Away (2001) and The Tale of the Princess Kaguya (2013).GHIBLI reflects the emerging pattern of memecoins driven by cultural references and movements. It follows in the footsteps of the CHILLGUY token launched on the Solana blockchain on Nov. 15, leveraging the viral “Just a chill guy” meme. By Nov. 27, CHILLGUY propelled to a $643-million market capitalization, though its value sharply declined later. Memecoins are cryptocurrencies that take a humorous jab at mainstream cryptocurrencies and their disruptive aspirations against traditional finance. Their very existence stems from viral internet memes. Since the introduction of ChatGPT’s image generation feature, several memecoins linked to the feature have emerged on the Solana and Ethereum blockchains.Did you know? The studio’s name, “Ghibli,” is derived from a Libyan Arabic word meaning a hot desert wind. How to buy GHIBLI on a Solana-based DEX To purchase GHIBLI memecoin on a Solana-based DEX, you need to set up a wallet, acquire SOL, connect to a DEX, and swap SOL for GHIBLI.Here is a step-by-step guide on how to purchase GHIBLI memecoin on a Solana-based decentralized exchange (DEX):Step 1: Set up a cryptocurrency walletInstall Trust Wallet by downloading it from the official Trust Wallet website or Google Play Store.Complete the setup process.Securely store your seed phrase. It is essential to recover your wallet if any issues arise.Step 2: Acquire SOL and transfer it to your walletPurchase Solana (SOL) on a centralized exchange like Binance or another platform that facilitates SOL trading.Transfer the SOL to your Trust Wallet address via the Solana network. Step 3: Connect to a DEXVisit a Solana-supported DEX.Connect your Trust Wallet to the platform.Step 4: Purchase GHIBLIAfter connecting your wallet, locate a trading pair like SOL/USDT or SOL/GHIBLI on the DEX.Specify how much SOL you want to swap for GHIBLI and finalize the transaction.Once the swap is complete, the GHIBLI tokens will appear in your Trust Wallet.Did you know? Studio Ghibli, known for its whimsical and dreamlike animation style, puts a strong emphasis on hand-drawn animation, even in the digital age. GHIBLI memecoins — From AI art to crypto craze The rise of GHIBLI memecoins began with the viral impact of OpenAI’s ChatGPT-4o update on March 25, 2025. This update introduced a unique feature that allowed users to transform regular images into the iconic art style of Studio Ghibli. GHIBLI represents a growing trend of anime-themed tokens gaining traction, fueled by increasing interest in both Japanese animation and AI-generated art. Days after the launch of GHIBLI anime images, an overwhelming number of users, including influencers and politicians, started using ChatGPT to transform their images into art. This intense interest in the new image-generation capability resulted in an 11% increase in global downloads and a 5% rise in weekly active users compared to the previous week of launch, while in-app purchase revenue also grew by 6%. According to data from market research firm Similarweb, the number of average weekly active users breached the 150 million mark for the first time in 2025. The extensive demand placed a significant load on OpenAI’s servers, leading to temporary restrictions on users accessing the tool.As Ghibli-style images flooded social media, the Ghiblification phenomenon quickly inspired a new wave of anime-themed memecoins. These tokens, themed after Studio Ghibli’s timeless creations like Howl’s Moving Castle and Kiki’s Delivery Service, captured the imagination of crypto enthusiasts. Rather than offering traditional utility, Ghibli memecoins thrive on cultural nostalgia and online hype.Leading the movement is GHIBLI, which became the face of the trend. What began as a viral AI art trend soon evolved into a full-blown crypto sensation, transforming playful creativity into market momentum almost overnight.Interestingly, similar memecoins failed to gain traction. For instance, Ghibli Rizzler (GRIZLLER) attained a market capitalization of $6,000, while Ghibli Sigma (GIGMA) and Ghibli Mona Lisa (GLISA) fared even worse, reaching meager market caps of just $4,200 and $3,800, respectively.Most memecoins are created anonymously, making it very difficult to verify if they are legitimate or safe investments. Only investors with advanced Web3 skills can access the vetting methods necessary to determine the legitimacy of these projects, as the available vetting tools primarily require a high level of Web3 expertise.Did you know? Sam Altman, founder and CEO of OpenAI, has suggested an upcoming version of the feature, which will be more advanced than the current one. No wonder the next version of the anime images tool propels another memecoin spree. What fueled the GHIBLI memecoin surge? The way GHIBLI memecoin prices fluctuate isn’t just by chance; it’s driven by a blend of cutting-edge technology, celebrity buzz and a market eager to chase the next big trend.Backing by top tech influencersTech influencers like Sam Altman and Elon Musk helped amplify the trend. On March 27, 2025, just after the launch of the GHIBLI feature — Musk posted a hilarious image of himself as Rafiki from The Lion King, raising a Dogecoin mascot in the air. That post alone triggered massive attention for Ghibli-themed tokens.Five days later, on April 6, Altman also posted a playful Ghibli-themed image on X, giving another push to the image-generating feature.Joining the Ghibli trend, Binance co-founder and ex-CEO Changpeng Zhao updated his X profile picture in the style of the animation studio. White House crypto czar David Sacks also participated, sharing a Ghibli-esque image of himself with the US president working in the office.Massive market gainsPost-launch, GHIBLI experienced a sharp rise in value, exceeding 40,000% within a 24-hour period. Getting listed on exchanges like Gate.io and Binance Alpha added credibility to the token and sparked a wave of FOMO (fear of missing out) among investors eager for big returns.Emotional appealStudio Ghibli’s storytelling and beloved characters evoke strong emotional connections worldwide. Their timeless charm blends perfectly with the memecoin formula of fun, fandom and hype. For many, buying GHIBLI tokens feels like honoring their favorite anime memories while riding the wave of a hot trend.Vibrant communityOn social media, GHIBLI’s community is thriving. Users have been sharing memes, tips and posts out of excitement and are pumping the token in the process. The energy resembles the early Dogecoin (DOGE) days, though it has an anime twist with GHIBLI. Risk factors concerning GHIBLI memecoin Potential investors in GHIBLI should consider volatility, possible legal issues and the ethical considerations highlighted by Studio Ghibli’s leadership.Here’s what you need to know:Volatility and trend dependency: Ghibli memecoins, while currently popular, are highly susceptible to the transient nature of internet trends. Their value is closely tied to the trend of ghiblification. As this trend loses steam, the tokens’ appeal and market value are likely to go down as well. Historical precedents, such as the rapid rise and fall of memecoins like CHILLGUY, highlight the probability of significant losses after the initial excitement subsides.Legal and ethical considerations: Studio Ghibli has a history of actively protecting its intellectual property. The studio has previously taken legal action against unauthorized use of its artwork, emphasizing its commitment to safeguarding its creations. The emergence of Ghibli-themed memecoins and AI-generated art raises concerns about potential copyright infringements. Studio Ghibli could pursue action against organizations that take advantage of its distinctive style without permission, especially if such use dilutes the brand value of the studio. Miyazaki’s stance on AI and artistic integrity: Hayao Miyazaki, co-founder of Studio Ghibli, strongly disapproves of AI-generated art. In a 2016 documentary, he described such creations as “an insult to life itself,” underscoring his belief that AI cannot capture the depth of human experience essential to authentic artistry. This perspective adds an ethical dimension to the proliferation of AI-generated Ghibli-style images and related memecoins. How to do spot trading of GHIBLI GHIBLI has been listed on centralized exchanges such as Gate.io and Kraken for spot trading. For spot trading on centralized exchanges, you must deposit funds on the exchange or purchase stablecoins such as Tether’s USDt (USDT) or USDC (USDC). You navigate to the “Spot Trading” page, select a trading pair, and execute trades using market or limit orders.Here is the process for spot trading in more detail:Create an account: If you don’t have one, create an account on the exchange.Deposit funds: Deposit funds into your Gate.io account using an approved method or purchase compatible stablecoins.Navigate to spot trading: Go to the “Spot Trading” page on the platform.Select a trading pair: Select the cryptocurrency pair you want to trade (e.g., GHIBLI/USDC).Place orders: You have two options: market order and limit order. With a market order, you can execute a trade at the current market price, whereas with a limit order, you can set a specific price for buying or selling.Monitor and close positions: Monitor your trades and close your positions when desired. Caution! Centralized exchanges carry risks — hacks have cost billions (e.g., Mt. Gox in 2014 and Bybit hack in 2025), liquidity can dry up during volatility, and regulatory shifts may freeze funds. Verify platform security, fees and withdrawal limits before committing. Research GHIBLI’s volatility and exchange reputation to avoid losses.Moreover, memecoins like TRUMP and GHIBLI carry risks: Their hype-driven volatility can lead to rapid losses, and scams or rug pulls often target uninformed investors. Therefore, with full self-ownership, always protect your keys and funds; scams exploit the unwary.
On Wednesday, Bitcoin surged more than 8% to reach a high of $83,588 following President Donald Trump’s announcement of a 90-day pause on new reciprocal tariffs for over 75 countries, excluding China. Investors and market analysts viewed the move as a signal of relief, reflecting hopes that the rapid escalation of tariffs would abate, at least temporarily. Yet President Trump simultaneously hiked the tariff rate on China to 125%, indicating that the trade battle between the world’s two largest economies remains far from settled. Trump’s decision to pause most of his newly announced tariffs was tied to concern over disruptive shifts in the bond market. Yields on 10-year Treasury notes, which had soared to a seven-week high, remained elevated after the tariff pause was revealed. Despite the temporary relief for many countries, the immediate tariff hike on China highlighted the ongoing stalemate, suggesting persistent uncertainty for global markets. Some analysts see the surge of risk assets, including Bitcoin, as partly driven by changing expectations around future negotiations. Potential China Deal Not Priced In For Bitcoin Amid this backdrop, Joe McCann, founder, CEO, CIO, and solo managing GP of the crypto fund Asymmetric, voiced his perspective on X, observing that the market was originally pricing in tariffs for China, EU and the entire world, but is now only pricing China. Related Reading: Next Bitcoin Peak Delayed To Late 2026, Business Cycle Expert Warns He indicated that a deal with Beijing remains unpriced, so if a breakthrough emerges, the market “explodes” higher. “Market was priced for China, EU and everyone else getting tariffed. Market now pricing only China. Market not pricing a China deal,” McCann remarks. He also notes that “the explosion on the long end is risk parity pods blowing up,” referencing abrupt market movements in long-duration bonds. McCann sees the current environment as reminiscent of the market bottom during the COVID period, with funds starting to re-gross positions and short-sellers covering. He highlights the possibility that if the yuan strengthens against the dollar, it would likely mean China is prepared to negotiate, implying that equity and crypto markets may be trading too low. “But today, long only funds re-grossed and shorts covered.Trump has signaled max pain for China and is willing to negotiate. Market can only re-price higher. If the Yuan rallies against the Dollar tonight, that is likely a sign China wants to negotiate, which means the market is mispriced (too low). UST 30Y auction tomorrow should see further indirect bids – same story as today,” McCann writes. “Not Out Of The Woods Yet” Jeff Park, Head of Alpha Strategies at Bitwise, cautioned that the environment remains fragile, noting on X that weakened yuan dynamics, a still-robust 10-year yield above 4%, and ongoing credit concerns at spreads beyond 400 basis points persist as potential headwinds. According to him, “[this] will be an unpopular opinion […] we are out the woods yet […] the net outcome is still negative for risk assets,” especially if the Federal Reserve does not cut rates as previously anticipated. Related Reading: Crypto Analyst: 33% Chance Bitcoin Already Topped—Brace For $52,000 He cited this lack of monetary support as a factor that amplifies volatility. “If anything its actually more concerning how little liquidity is in the market to experience casino swings like this,” he writes via X. X user Adam Yoder agrees that “bonds still went up today, gold went up,” suggesting there are still enough safe-haven flows to keep traditional investors wary of riskier assets. Park concurred, suggesting “this is actually kind of a horrible move” and expressing confusion over what the White House hopes to achieve with a partial pause that leaves China alone to bear the brunt. Meanwhile, in a swift reversal of its earlier call, Goldman Sachs withdrew a recently announced recession baseline after the 90-day pause was confirmed. Its revised outlook, published by Jan Hatzius, maintains that total tariffs—both the existing 10% and anticipated sector-specific rates of 25%—will still be implemented, but that the market has been spared an immediate global escalation. Goldman now returns to its previous non-recession baseline forecast of 0.5% Q4/Q4 GDP growth in 2025, a 45% recession probability, and three successive 25-basis-point “insurance” cuts by the Federal Reserve in June, July, and September. According to the statement, “we continue to expect additional sector-specific tariffs” and an overall rate that could approach the 15 percentage-point increase Goldman had initially anticipated. All Eyes On Today’s CPI Release Notably, today, the US Consumer Price Index (CPI) data for March 2025 is scheduled to be released by the US Bureau of Labor Statistics (BLS) at 8:30 ET – a big report for the market which could be crucial for BTC’s next move. The CPI for February 2025 showed a year-over-year (YoY) increase of 2.8% (not seasonally adjusted), with a month-over-month (MoM) rise of 0.2% (seasonally adjusted). Core CPI, excluding food and energy, was up 3.1% YoY. This marked a slight cooling from January’s 3.0% YoY headline rate, suggesting a gradual disinflation trend. Expectations for the March CPI are to potentially drop to around 2.5% YoY, with some analysts suggesting it could even fall to 2.6% or lower if trends in housing costs, rents, and energy prices continue to ease. Core CPI is anticipated to hover around 3.0% to 3.1% YoY, reflecting persistent pressure from services and shelter costs. At press time, BTC traded at $81,438. Featured image created with DALL.E, chart from TradingView.com
With more value tied up in BTC than every other cryptocurrency in existence combined, Babylon is aiming to channel this into the wider crypto ecosystem