Author: Anthony M. Orbison

Last month, the Treasury lifted sanctions on Tornado Cash. In response, many rekindled their calls for the Trump administration to drop the charges against Keonne Rodriguez and William Lonergan Hill, the developers of Samourai Wallet who are currently being prosecuted in the Southern District of New York. What many appear to have missed is that the Treasury’s sanctions reversal for Tornado Cash also revealed the Treasury’s stance on privacy services. And it isn’t looking good. Tornado Cash’s removal from OFAC’s SDN list followed a lawsuit by Tornado Cash users in a Texas District Court case that has become known as…

Diving into the chaos of global markets, Bloomberg Senior Commodity Strategist Mike McGlone warns more turmoil could be on the way.In an exclusive interview with Cointelegraph, McGlone points to deepening market sell-offs, intensified by US President Donald Trump’s ongoing tariff wars, and forecasts a sharp correction in crypto assets. He predicts Bitcoin could tumble to $10,000, citing excessive speculation and overvaluation within the digital asset space.”Look at Dogecoin — it still has a $20 billion market cap. It should go to zero. The whole space needs purging, just like the dot-com bubble did.”According to McGlone, Bitcoin’s current price could face…

It is the prospect of the sovereign individual that seems to most trouble the nation-state today. This odd threat perception has been the outgrowth of a political genealogy that, in the generations since the American Revolution, has increasingly come to equate the state with society while constellating the individual as the enemy of both. This equation would have been profoundly disconcerting to the founders of the American republic, who called forth a new national project precisely to preclude the abuses of an entrenched and predatory overclass—an aristocracy—that deemed itself the rightful custodian, in perpetuity, of the fate and best interests…

Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position.Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, the company disclosed on April 7. The zero-interest bonds were issued in March through Metaplanet’s Evo Fund and used to acquire additional Bitcoin (BTC). Since the bonds carry zero interest, the repayment would not have a material impact on the company’s fiscal 2025 results, it said.Source: MetaplanetMetaplanet,…

Hong Kong Sets the Stage for a Bold New Era in Virtual Assets Hong Kong is taking confident strides to position itself as a global leader in digital finance. By the end of 2025, the city plans to introduce an updated virtual asset policy framework that aims to deepen its involvement in Web3 innovation and create a more robust regulatory environment for digital assets. This announcement came from Financial Secretary Paul Chan during the recent Hong Kong Web3 Festival. According to Chan, the upcoming policy statement will build on the groundwork laid in previous years, adding more structure and clarity…

Cardano Futures volatility cuts both ways – Bullish or a risk if conditions worsen There is now high FUD as ADA nears pre-election levels In the ongoing bearish phase, aggressive long positioning remains a high-risk strategy, as volatility continues to flush out overleveraged traders. Cardano’s [ADA] price action has been reflecting this trend. At press time, ADA was 15.20% down, breaching the critical $0.60 support level. As a result, 60% of traders who were previously long have been wiped out. Now, de-risking is in full effect, triggering cascading liquidations and further intensifying downside pressure. In such a climate, HODLing sentiment…

Ripple (XRP) is undoubtedly one of the most trending and promising cryptocurrency tokens to exist in the market. Despite the intense overhauls that the token has experienced in the past, XRP has received its due recognition under the Trump regime and is currently on track to hit major milestones. However, the token has hit a mild bump due to Trump’s aggressive tariff policies that have taken the world by storm as of late. Will XRP be able to brave this storm with ease and grace as before? Let’s find out.Also Read: Analyst Claims Trump Is Destroying The Stock Market: Here’s…

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure.The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position’s liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.“If $ETH drops to $1,119.3, the 220,000 $ETH($340M) will be liquidated.”Source: LookonchainThe…

A widely followed crypto analyst is identifying what needs to happen for the next altcoin season to ignite. In a new thread, crypto strategist Rekt Capital tells his 543,1000 followers on the social media platform X that altcoin season will start once Bitcoin’s (BTC) Dominance level, or its percentage of the total market capitalization of the sector, starts to fall. According to the trader, the crypto king’s dominance level should start dropping sometime next year after it reaches 71%, though no specific date was mentioned. “‘Will there ever be another Altseason?’ Yes, the next time BTC Dominance collapses, which is…

Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations. Ethereum (ETH), the largest altcoin, fell over 19% in just 24 hours, dropping to around $1,450. That puts it down more than 60% for the year. Other popular coins like XRP (XRP), Solana (SOL), and Dogecoin (DOGE) also lost key support levels, each dropping about 18–20%. In total, the crypto market recorded over $1.38 billion in liquidations, with the majority coming from long positions. Approximately…