Author: CryptoDigestAlert.com
XRP price rose 6% to a three-week high of $1.42 on Thursday, becoming the strongest gainer among the top 10 cryptocurrencies by market cap. Summary XRP price rose to $1.42 as easing macro tensions lifted sentiment, with the token emerging as the top gainer among major cryptocurrencies. Regulatory clarity via the CLARITY Act and $38.8M in ETF inflows signal growing institutional confidence. Expanding utility through Ripple’s RWA push and partnerships could support a move toward the $1.60 level. According to data from crypto.news, XRP (XRP) price rallied to $1.42 on Thursday, April 16, with its market cap moving back above…
TLDR: Ethereum stablecoin supply reached $180B, up 150% in three years, holding 60% of the total market share. Token Terminal projects up to $850B in Ethereum inflows by 2030, even if its market share drops to 50%. Public crypto sales fell 93% in eight months, dropping from $698M in June 2025 to $46.8M in February 2026. Private fundraising remains strong, with December 2025 recording $14.5B raised across all crypto funding rounds. Ethereum stablecoin supply has crossed $180 billion, marking a new all-time high according to Token Terminal data. This figure represents a 150% increase over the past three years. Ethereum…
Revised PARITY Act would exempt everyday regulated stablecoin payments from capital gains, aligning them with cash-like transactions in the U.S. tax code. Summary Revised Digital Asset PARITY Act would shield everyday regulated stablecoin payments from capital gains tax. Proposal aligns “regulated payment stablecoins” with foreign currency rules while tightening wash-sale rules for other crypto. USDC and USDT transactions are currently treated as taxable disposals under IRS guidance. Under a new draft of the Digital Asset PARITY Act in Washington, gains on everyday payments made with regulated dollar-pegged stablecoins could be ignored for tax purposes, a shift that would make routine…
Senhwa Biosciences, a clinical-stage biopharmaceutical company based in Taiwan, has entered a partnership with a global investment group to accelerate its artificial intelligence-related drug development. Summary Senhwa Biosciences secured up to $16 million from Global Emerging Markets affiliate GEM to advance its clinical pipeline and AI-driven drug discovery platform. The firm is expanding oncology programs and leveraging C2S “cell-to-sentence” technology with CellType to accelerate identification of combination cancer therapies. Early AI validation supports its “cold-to-hot tumor” strategy, positioning Senhwa within the emerging immuno-oncology 2.0 space. According to an April 14 report, Senhwa Biosciences has signed a Memorandum of Understanding (MOU)…
TLDR: TAO fell from $337 to $270 within 24 hours after Covenant AI announced its exit over governance concerns. Covenant AI claimed revenue was halted abruptly, and decision-making power shifted away from the broader community. Infrastructure updates were reportedly introduced without consensus, raising concerns among contributors about control. The project, once backed by major AI figures, now faces scrutiny over whether it still operates as decentralized. Bittensor’s native token, TAO, recorded a sharp decline within 24 hours after a public dispute raised concerns about governance and network control. The development followed the exit of Covenant AI, a key contributor, which…
The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface. Related Reading On-chain data from CryptoQuant shows that one cohort of market participants is stepping back from exchange activity at a pace not seen in nearly a year, while another is quietly rebuilding at a scale that demands attention. Whale Inflows On Binance Fall To Multi-Month Lows The 30-day sum of whale inflows to Binance has fallen massively in recent days, falling to $2.96 billion as of the latest CryptoQuant data, the first reading below $3 billion since…
Donald Trump is facing fresh scrutiny as crypto tokens tied to his name and family trade near record lows. Summary TRUMP fell about 90% from its peak as renewed scrutiny hit Trump-linked crypto projects again this week. WLFI dropped to a fresh all-time low as criticism of Trump family crypto ties intensified. Senators pressed Bill Zanker for details after Trump announced an April 25 gala for token holders. The pressure has grown after a new gala for token holders raised new questions from Democratic lawmakers. The Official Trump token, known as TRUMP, fell to an all-time low of about $2.73…
TLDR: Arizona must pause criminal charges against CFTC-regulated prediction markets after the federal TRO order. The CFTC says federal law grants exclusive authority over event contracts and market enforcement. Connecticut and Illinois now face similar federal lawsuits over state prediction market restrictions. The ruling strengthens legal momentum for federally supervised crypto-linked trading platforms. A federal judge in Arizona temporarily halted the state’s criminal case against federally regulated prediction markets on Friday. The order came after the Commodity Futures Trading Commission asked the court to stop Arizona’s enforcement push. The ruling preserves the status quo while a broader federal preemption fight…
The US Commodity Futures Trading Commission revealed the first lineup of its Innovation Task Force (ITF), now headed by Michael Pascualaqua, a senior adviser to Acting Chairman Mike Selig. The team now features blockchain lawyers who worked at leading law firms, a prediction markets consultant, and seasoned legal professionals from within the CFTC. The move comes amid escalating jurisdictional battles over platforms such as Kalshi and Polymarket, which allow users to trade contracts on real-world outcomes ranging from elections to sports. The CFTC has argued that such products fall under federal derivatives law, not state gambling statutes, a position that…
Bitcoin pushed higher this week but headed into Thursday’s U.S. CPI inflation print with traders still treating it as a macro asset first and a crypto trade second. According to The Block’s price page, bitcoin (BTC) traded around $72,267 after climbing 8% over the past week. Ether (ETH) similarly rose over 7.8% over the same period, with several altcoins rallying. Spot bitcoin ETFs also drew $358 million in net inflows on April 9 as Morgan Stanley joins the fray, and ether funds added about $85 million, per Farside data. Expand Chart The rebound followed a stretch of stronger long positioning…