Global Crypto Crackdown Continues Among Increasing Bans
While some countries regulate or embrace crypto, others have enacted outright bans due to concerns over financial stability, regulatory control, and capital flight, opting instead to develop their own CBDCs (Central Bank Digital Currencies).
Bitcoin Hovers Above $85K, SOL & TRUMP Lead Altcoins
Bitcoin’s (BTC) price remained relatively stable over the past day, gaining slightly to trade above $85,000. It hit a weekly high of $86,500 midweek before facing resistance and dipping, only to bounce back following Fed Chair Jerome Powell’s comments on Trump’s trade war plans.
Web3 Fundraising: 14th – 20th April 2025
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Solana Dominates Blockchain Revenue Despite Activity Drop
Solana (SOL) remains the top blockchain by on-chain revenue, even as meme coin activity on its network has dropped over 80% from its peak, according to Blockworks Research.
Burn Program Almost Finalized, According To Mantra CEO
Mantra co-founder and CEO John Patrick Mullin says the team is close to completing a token burn plan and is actively working on a buyback program following OM’s recent price collapse.
Experts Remain Unconvinced By Google’s AI Safety Promises
Google has released a safety paper for its flagship AI model, Gemini 2.5 Pro, but experts say it lacks critical details on potential risks. The report outlines internal tests but says little about how the system handles misuse or overload.
OpenAI Aims To Acquire WindSurf To Compete With DeepSeek
OpenAI previously held multiple discussions to acquire Anysphere, maker of the Cursor AI coding assistant, in both 2024 and 2025. However, negotiations fell through, prompting the company to turn its attention to rival WindSurf.
The company is now prepared to spend $3 billion on WindSurf, potentially its largest acquisition to date.
May Launch Confirmed For VanEck NODE ETF
VanEck has launched the NODE ETF following U.S. SEC approval. Led by Matthew Sigel, Head of Digital Asset Research, the actively managed fund targets 30 to 60 companies driving digital transformation, such as crypto miners and trading platforms.
MANEKI Leads Meme Coin Market With 333% Rally
The crypto market is currently stable, with no major rallies or crashes, but meme coins like MANEKI are still seeing notable gains.
sUSD Depegged Following Repair Mechanism Changes
Synthetix’s stablecoin, sUSD, is trading at $0.8107, down 5.8% in 24 hours, following a sharp depeg triggered by changes to its anchor repair mechanism.
