Drjivago

Whale's Recent Ethereum Shorting Strategy Yields No Success
According to BlockBeats On-chain Detection, recent attempts by a whale to short Ethereum (ETH) have been unsuccessful. In the past 50 minutes, the whale borrowed 5,000 ETH, valued at approximately $12.45 million, from a decentralized finance platform and shorted it at a price of $2,491.

Gt hold.Gt hold.Gt hold Gt hold.GT HOLD.GT HOLD.GT HOLD.GT HOLD.GT Holld

Happy 12th birthday to Gate.io! I hope the new cycle will keep getting better and provide more rewards for GT holders.

Stablecoin Market Projected to Surge by 2028 Amid Regulatory Developments
According to BlockBeats, analysts at Standard Chartered Bank have projected a significant increase in the total supply of stablecoins, anticipating a nearly tenfold rise by the end of 2028.

OpenAI's Advanced AI Model Priced at $20,000 Monthly
According to PANews, OpenAI is reportedly considering a monthly fee of $20,000 for access to its PhD-level artificial intelligence model, as reported by The Information. This pricing reflects the advanced capabilities and potential applications of

Block Inc. Settles $40 Million with NYDFS Over Compliance Failures
AI Summary
According to BlockBeats, Block Inc., led by Jack Dorsey, has reached a $40 million settlement with the New York Department of Financial Services (NYDFS) due to significant lapses in its anti-money laundering compliance pro

Bitcoin News: Bitcoin Nears $80K as ‘Death Cross’ Forms, US Stocks See Worst Sell-Off Since COVID Crash
Bitcoin (BTC) is under heavy pressure once again, dropping toward $80,000 after failing to hold early April gains. The price dip comes as U.S. stocks mirror their worst single-day performance since the 2020 COVID-19 pandemic crash, and BTC prints a bearish “death cross” signal on-chain.

Tether Mints Additional 1 Billion USDT on Tron Network
According to BlockBeats, Onchain Lens monitoring has revealed that Tether has minted an additional 1 billion USDT on the Tron network. Since the beginning of 2025, Tether has cumulatively minted 8 billion USDT.

Sonic Labs Shifts Focus to UAE Dirham Stablecoin Amid Criticism
According to Cointelegraph, Sonic Labs has decided to abandon its plans to launch a US dollar-pegged algorithmic stablecoin instead of developing a stablecoin denominated in the United Arab Emirates dirham. This strategic shift was announced by Sonic Labs co-founder Andre Cronje, who initially revealed the company's intention to create a US dollar-pegged stablecoin with an annual percentage rate (APR) of up to 23% on March 22. However, just a week later, Cronje announced a change in direction, stating in a March 28 post on X that

Federal Reserve's Daly Anticipates Two Rate Cuts in 2025
According to BlockBeats, Federal Reserve official Mary Daly has indicated that there is a reasonable expectation for two interest rate cuts in 2025. This statement reflects ongoing discussions within the Federal Reserve regarding monetary policy adjustments in response to economic conditions. Daly's comments suggest a cautious approach to managing interest rates, aiming to support economic stability.

Ripple Labs Settles with SEC, Ending Legal Dispute Over XRP
According to ShibDaily, Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), concluding a lengthy legal battle that has been closely monitored by the cryptocurrency industry. As part of the settlement, Ripple will pay a $50 million penalty and withdraw its cross-appeal. This resolution is significant in the ongoing regulatory discussions surrounding digital assets. Ripple's Chief Legal Officer, Stuart Alderoty, announced the settlement on social media, marking the end of the legal dispute. The S

Ripple and SEC Reach Agreement on Appeals and Penalties
According to BlockBeats, Ripple's Chief Legal Officer Stuart Alderoty announced that the U.S. Securities and Exchange Commission (SEC) has agreed to unconditionally withdraw its appeal from last week.

Trump Urges Federal Reserve to Lower Interest Rates
According to Odaily, U.S. President Donald Trump has expressed his desire for the Federal Reserve to reduce interest rates. Additionally, Trump announced plans to impose tariffs on automobiles, aluminum, and pharmaceuticals in the near future. He s

BlackRock BUIDL Fund's Ethereum Investments Surpass $1 Billion
According to Odaily, data from Token Terminal reveals that BlackRock's BUIDL Fund has deployed over $1 billion on the Ethereum blockchain, currently reaching approximately $1.145 billion. The BUIDL Fund focuses on tokenized re

Ripple USD Market Cap Reaches Record High
According to PANews, the market capitalization of Ripple's stablecoin, Ripple USD (RLUSD), has surpassed $170 million, reaching an all-time high of $176,801,211, as reported by Coingecko. This milestone follows Ripple's recent announcement that th

U.S. Treasury Aims to Maintain Dollar's Dominance with Stabllecoin
According to Odaily, Bitwise Chief Investment Officer Matt Hougan shared insights on social media, referencing remarks by U.S. Treasury Secretary Scott Bessent. Bessent emphasized the commitment to ensuring the U.S. dollar

SEC Clarifies Stance on Proof-of-Work Mining Activities
According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has issued a statement regarding certain Proof-of-Work (PoW) mining activities. This move aims to provide greater clarity on the application of federal securi

SEC Drops Appeal Against Ripple, XRP Tokens Considered Digital Commodities
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple, marking a significant development in the ongoing legal saga. Crypto lawyer John Deaton em

Trump Administration Considers Simplified Reciprocal Tariff Plan
According to PANews, the Trump administration is exploring a simplified reciprocal tariff plan. This initiative aims to streamline trade tariffs between the United States and its trading partners. The proposal is part of ong

Hong Kong's Blockchain Sector Sees 250% Growth Since 2022
According to PANews, a recent report by Hong Kong's InvestHK and its partners reveals a significant 250% growth in Hong Kong's blockchain applications and software industry since 2022. This surge underscores Hong Kong's emerging ro