Author: WebDesk

Three prominent voices in finance, crypto, and policy urged Congress this week to move quickly on the Clarity Act, a long-awaited bill to define how cryptocurrencies and blockchain-based financial products operate under U.S. law. Treasury Secretary Scott Bessent called for the Senate Banking Committee to advance the legislation to President Trump’s desk, saying that Congress has spent years debating a framework to “onshore the future of finance.” “Senate time is precious, and now is the time to act,” Bessent said on social media, echoing points from his Wall Street Journal op-ed that argued U.S. leadership in global finance depends on…

Kuala Lumpur, Malaysia, April 9th, 2026, ChainwireEnhanced Labs Inc, a company focused on building DeFi solutions that package sophisticated options and derivatives strategies into very easily-accessible products for users, has successfully closed a $1,000,000 strategic pre-seed funding round. The round was led by Maximum Frequency Ventures with participation from GSR, Selini, Flowdesk, and other angel investors. The team has highlighted that this is a strategic pre-seed round, with the composition of its investor base being intentional, prioritising strategic alignment. These investors have targeted expertise in trading infrastructure, market-making, institutional distribution, and more.According to the announcement article , Enhanced’s approach will be…

Crypto analyst Cupra has revealed that Bitcoin has printed a historical aggressive recovery setup, signaling that a rally to the upside may be on the horizon. The analyst predicted that BTC could rally to a new all-time high (ATH) of $150,000 as the next bull phase approaches.  Bitcoin Prints One of the Most Aggressive Setups In Years In an X post, Cupra stated that Bitcoin has just printed one of the most aggressive recovery setups that the market has seen in years. He noted that such a setup played out in 2019 after months of “pain,” which then led to…

Road Town, British Virgin Islands, April 9th, 2026, ChainwireToday, USDT0, the unified liquidity network for Tether’s US dollar-pegged stablecoin (USDT), announces XAUt0, the omnichain deployment of Tether Gold (XAUt), is now live on the Conflux Network, expanding access to tokenized gold within one of Asia’s most strategically connected blockchain ecosystems.With this launch, XAUT0 joins USDT0 on Conflux, giving developers and users access to both dollar-denominated stablecoin liquidity and gold-backed digital assets within the same omnichain environment. Together, these assets allow builders across the Conflux ecosystem to work with two of the world’s most widely trusted forms of money in a…

The Yuga lawsuit that gripped the NFT world for years has officially come to a close. Yuga Labs — the company behind the Bored Ape Yacht Club (BAYC) — has settled its long-running legal battle with artist Ryder Ripps and entrepreneur Jeremy Cahen. It’s a landmark moment for NFT intellectual property law.What Started the Yuga Lawsuit?Yuga Labs filed suit in 2022, accusing Ripps and Cahen of selling lookalike tokens through their RR/BAYC NFT collection — earning millions by confusing buyers in the process.Ripps had a different take. He and Cahen defended their project as satirical commentary on Bored Ape Yacht…

TradFi perpetuals are growing quickly as exchanges test crypto-native derivatives mechanics on commodities, equities and other traditional assets. New reports suggest the product is moving beyond a niche use case, with rising volumes, growing weekend activity and deeper links to broader macro markets. The line between crypto markets and traditional finance is getting thinner, and perpetual swaps are one of the clearest places to see it. According to reports by BitMEX and Binance published on April 9, argue that so-called TradFi perpetuals, crypto-style perpetual derivatives tied to assets such as gold, silver, oil, and equities, are moving from experiment to…

According to a report by Grayscale’s Head of Research, Zach Pandl, Aave (AAVE) could soon become a household name. Pandl called the project “a bank without bankers.” Pandl’s report also cites a Bank of Canada report which stated that “Aave has a significantly lower net interest margin (NIM) than major US and Canadian banks.” However, despite the bullish outlook from Grayscale and the Bank of Canada, AAVE’s price continues to dip. Let’s discuss what’s going on.AAVE Price Dips Despite Grayscale And Bank Of Canada BackingSource: CoinpediaAccording to CoinGecko data, AAVE’s price has fallen nearly 5% in the last 24 hours, 4% in…

Key Takeaways Morgan Stanley’s MSBT drew $30.6 million, but bitcoin ETFs still lost $93.9 million amid uneven demand. Blackrock IBIT added $40.38 million, yet Fidelity FBTC saw $79.12 million in exits, signaling weak alignment. Ether ETFs lost $18.6 million while Solana saw a modest $1.9 million exit, suggesting selective flows may persist. MSBT Debuts Strong as Bitcoin ETFs Lose $94 Million A new entrant arrived with momentum for bitcoin ETFs, but it wasn’t enough to flip the continued funds exit. Bitcoin ETFs extended their outflow streak, shedding $93.9 million even as Morgan Stanley’s much-anticipated MSBT made a strong first impression.…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Former Ripple executive Sagar Shah said XRP digital asset treasuries offer more strategic utility than spot XRP ETFs despite strong institutional demand for ETF products. Shah argued that while XRP ETFs provide regulated exposure, DATs can deploy assets on-chain, generate yield and support deeper ecosystem adoption. Institutional appetite for regulated XRP exposure is clearly there. The debate now is what kind of vehicle actually does more with that demand. Sagar Shah, business development officer at Evernorth and a former Ripple executive, said XRP digital asset…

XRP’s case for being the world’s most important asset is, right now, no longer something the community argues alone — regulatory decisions, live payment infrastructure, and also institutional capital have started making it for them. As BlockNow reported in their Clean 16 breakdown, the SEC and CFTC jointly classified XRP as a digital commodity in March 2026, one of 16 digital assets now carrying formal legal status under US law. Japan’s crypto adoption has also accelerated, with live XRP Ledger corridors already processing real cross-border transfers at scale. No less important, institutional XRP adoption has engineered real product structures —…