Author: CryptoHoppers

Key Takeaways Arizona Governor Katie Hobbs vetoed a bill that would allow Bitcoin in state reserves. A related bill, SB1373, could still permit limited investment in digital assets in Arizona. Share this article Arizona will not be adding Bitcoin to its list of official state investments — at least not under Democratic Governor Katie Hobbs.In a veto issued late Friday, Hobbs rejected Senate Bill 1025, also known as SB1025 or “Arizona Strategic Bitcoin Reserve Act,” proposed legislation that would have allowed the state to invest in Bitcoin and other digital assets.The bill, co-sponsored by Wendy Rogers and Jeff Weninger, would…

A closely followed analyst believes that one top-30 altcoin may put up massive gains in the near term. Pseudonymous analyst Altcoin Sherpa tells his 245,300 followers on the social media platform X that the utility token of the decentralized open financial system Hyperliquid (HYPE) may increase 150% from its current value as it prints a bullish pattern on the daily chart. “Bought a small HYPE perp position [April 30th]; not sure how long I’ll hold for. Still one of the best utility coins and projects out there and it’s slowly grinding higher. Wouldn’t be surprised to see this go to…

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Key Takeaways The UK FCA proposes to ban credit card use for purchasing Bitcoin to mitigate consumer debt risks. The FCA aims to increase crypto market regulation by requiring UK-based entities and curbing crypto lending services. Share this article The UK’s top financial regulator is considering banning the use of credit cards and other forms of credit to purchase Bitcoin and other crypto assets due to growing concerns about consumer debt and financial harm.The proposal appears in a new discussion paper (DP25/1) released Friday by the Financial Conduct Authority (FCA), which warns that crypto assets pose high-risk and speculative threats…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy has bought 15,355 Bitcoin tokens at a cost of $1.42 billion, its second huge acquisition in two straight weeks. The executive chairman of the company, Michael Saylor, revealed the acquisition via social media Monday. The move further solidifies Strategy as the biggest corporate holder of the cryptocurrency, with its current holding now standing at 553,555 Bitcoin worth about $52 billion. Strategy Shells Out Premium Price For New Bitcoin Haul Strategy purchased the newest Bitcoin at an average price of $92,737 per coin, based on Saylor’s declaration.…

Libre, a tokenization firm, is launching the Telegram Bond Fund (TBF) on the TON blockchain. The fund will tokenize $500 million worth of Telegram’s debt, offering accredited investors access to high-quality yield products. Backed by Telegram’s $2.4 billion in outstanding bonds, these tokenized assets can also be used as collateral for on-chain borrowing and project development on the TON network. It’s a major move bringing institutional finance directly into the crypto world. Source link

Key Takeaways Morgan Stanley plans to add crypto trading to its E-Trade platform next year. The firm may partner with established crypto firms to facilitate trading of Bitcoin and Ether on E-Trade. Share this article Morgan Stanley, which oversees $1.7 trillion in client assets, is developing a plan to enable trading of Bitcoin and other crypto assets on its E-Trade platform, according to a new report from Bloomberg.The company is targeting a launch window within the next calendar year, though a precise date has not yet been determined. The project is still in early development, the report stated.The latest development…

Web3 platform SmarTrust is taking on platforms like Upwork with an on-chain escrow system. Web3 is coming to the growing market of freelance work. On Wednesday, April 30, Reactive Network Developer Fund announced the latest funding recipient, SmarTrust. The project is building a multichain escrow layer for Web3 freelancers and clients, based on Reactive Smart Contracts. The network will enable clients to lock funds in smart contracts, which can be released in milestones for payments. These programs are transparent and programmable, without the need for centralized intermediaries. The network also enables third-party dispute resolution, which boosts security for both clients…

Share this article As digital currencies gain wider acceptance, more individuals and entrepreneurs are exploring the benefits of accepting cryptocurrency payments. Crypto offers flexibility, global reach, and freedom from traditional banking barriers — but also brings new challenges. Here platforms like Cryptomus come into play as they help accept and manage crypto securely and easily.This article covers the main pros and cons of accepting cryptocurrency and how Cryptomus can support individuals and entrepreneurs entering digital finance.What are cryptocurrency payments?Crypto payments involve using digital currencies like Bitcoin, Ethereum, and Tether for goods and services. Cryptocurrencies are decentralized, operating without central banks,…

SEI price is showing signs of a potential bullish reversal amid building anticipation around a potential staked SEI exchange-traded fund from Canary Capital. Sei (SEI) which had been forming consistently lower highs and lower lows since early January, has recently posted its first slightly higher high. The token is currently testing the key resistance level at $0.20, a zone that previously marked a lower high and also aligns with the descending trendline. SEI has reclaimed both the EMA-20 and SMA-50, and is now edging toward the SMA-100 at $0.22, a signal that a longer-term structural shift could be underway. Momentum…