21Shares Launches TCAN ETF on Nasdaq, Providing Exposure to Canton Coin

Kraken has replaced its CFO, Stephanie Lemmerman, with Robert Moore, who now holds the position of deputy CFO. The company has also promoted Curtis Ting to chief operating officer and Kamo Asatryan to chief data officer, signaling a shift in the finance department's focus.

Bitcoin's value has dropped by 45% from its peak, now stabilizing around $68,500, leading to debates on short-term rebounds and long-term macroeconomic impacts. Analysts predict a potential sharp rally or months of consolidation as the market adjusts to recent changes.

USD1, the Trump-linked stablecoin, has surged over 50% in the past month, making it the fifth largest stablecoin in circulation with $5.4 billion. Binance holds 89% of USD1 tokens, emphasizing its central role in liquidity and custody.

Bithumb is pursuing $9 million in unreturned Bitcoin after mistakenly sending out $43 billion in Bitcoin rewards. Regulators warn of potential criminal proceedings for those who do not return the funds, citing unjust enrichment.

U.S. bitcoin ETFs have seen consecutive net inflows after a redemption streak since mid-January, with $471.1 million and $144.9 million recorded on Friday and Monday. Despite Bitcoin's drop from $98,000 to a recent low of $60,000, investors remain confident in its long-term prospects.

Vitalik Buterin advocates for an AI development path focused on decentralization, verification, and privacy, rather than a blind pursuit of AGI. He emphasizes the need for integrating AI and crypto philosophies to ensure human empowerment and safety in the AI era.

A U.S. court sentenced Daren Li, a crypto scam organizer, to 20 years in prison for his role in a $73 million global fraud scheme. Li, a fugitive, was convicted for targeting victims through social media and spoofed trading websites.

Bitcoin's recent sell-side pressure is showing signs of abating, with large buyers increasing demand and on-chain data indicating a potential slowdown in the drawdown. Despite the market's tight liquidity and regulatory uncertainties, there are promising signs of stabilization, although the broader crypto market is still facing challenges.

Financial technology trade groups, led by the American Fintech Council, are advocating for certain non-bank financial firms to have direct access to U.S. payment rails through a limited Federal Reserve account. This proposal aims to enhance competition and innovation in payments while minimizing risks.

Cango, a publicly traded Bitcoin miner, sold 4,451 BTC to raise $305 million for expanding its AI compute business. The firm used the proceeds to repay a Bitcoin-collateralized loan and appointed a new CTO from Zoom.