Author: John Smith

Luxor Technology Corporation has expanded its partnership with MicroBT through a $100 million commitment to buy WhatsMiner bitcoin mining rigs.  Summary Luxor will buy $100 million worth of MicroBT WhatsMiner rigs under an expanded partnership. MicroBT signed a term sheet to invest in Luxor, though the investment size was not disclosed. Luxor will add LuxOS firmware support for WhatsMiner rigs to improve mining operations. The deal strengthens ties between the mining infrastructure firm and the hardware maker. The companies announced the expanded agreement on Sunday. Luxor said the purchase commitment forms part of a broader plan to support miners using…

South Korea’s internet-only lender KBank has entered into a strategic partnership with Ripple to test blockchain-based cross-border remittances. Summary KBank has partnered with Ripple to test blockchain-based cross-border remittances through a multi-phase proof of concept. Testing has moved to a virtual environment where on-chain transfers are being assessed across corridors, including the UAE and Thailand, according to local media reports. According to multiple local media reports, the collaboration focuses on a proof-of-concept designed to measure improvements in transaction speed, cost efficiency, and transparency using Ripple’s global blockchain network. Having completed an initial phase, the two firms verified a wallet-based remittance…

Bitcoin (BTC) begins the week with traders watching several U.S. economic events that could shape risk appetite.  Summary Bitcoin traders are watching the Fed decision for clues on inflation, growth and future rate cuts. GDP and PCE inflation data could shape market expectations and trigger fresh Bitcoin price swings. Tech earnings and geopolitical headlines may add pressure as Bitcoin tracks broader risk sentiment. The focus has shifted from war headlines to the Federal Reserve, inflation data, GDP numbers and large technology earnings. The Federal Reserve will hold its two-day FOMC meeting on April 28 and 29. Its policy decision and…

Ripple CEO Brad Garlinghouse has been named the 2026 Business Leader of the Year by the Harvard Business School Association of Northern California.  Summary Brad Garlinghouse received Harvard’s 2026 Business Leader of the Year award in San Francisco this week. Harvard praised Garlinghouse for scaling Ripple while keeping focus on the company’s long-term business vision. Ripple expanded through major acquisitions, global licenses, and XRP ETF momentum after its SEC battle. The award was presented during a dinner at the Julia Morgan Ballroom in San Francisco. The Harvard Business School Association of Northern California has given the award since 1969. Past…

More than one in three US crypto traders have cut everyday spending due to current market conditions, according to a new CEX.IO survey.  Summary CEX.IO found 36% of US crypto traders reduced daily spending due to current market conditions. About 37% delayed or cancelled purchases, including homes, cars, and renovation plans amid crypto losses. Despite the downturn, 79% of respondents plan to hold or increase crypto positions. The exchange surveyed 1,100 active US-based users. The survey found that 36% of respondents reduced daily expenses because of the crypto downturn. Another 10% said those cuts involved major sacrifices to keep their…

Pi Network will sponsor Consensus 2026 in Miami, placing the project before blockchain builders, investors, and policy figures.  Summary Pi Network will sponsor Consensus 2026 in Miami, with both founders scheduled to speak. Chengdiao Fan and Nicolas Kokkalis will address AI, Web3, and online identity verification. Protocol 22 and Protocol 23 upgrades could support smart contracts and wider Pi ecosystem growth. The event comes as the network tries to turn its large user base into broader ecosystem activity. The project’s two co-founders, Nicolas Kokkalis and Chengdiao Fan, will speak during the conference. Their sessions will focus on Pi’s blockchain infrastructure,…

Pi Network’s PI (PI) token recovered over the weekend as several altcoins moved higher. PI rose more than 5% in 24 hours and traded above $0.18. Summary PI token gained over 5% in 24 hours, trading above $0.18 during weekend recovery move. Bitcoin briefly touched $78,200 before settling near $78,000 after several days of rangebound trading action. Crypto market cap neared $2.7 trillion as select altcoins gained and Bitcoin dominance topped 58%. The rebound followed recent weakness in the Pi Network token. STABLE led the daily gainers with a 7% move to $0.034, while PI ranked among the stronger performers.…

Spot XRP ETFs recorded a new all-time high in cumulative net inflows after investor demand returned in April.  Summary Spot XRP ETFs reached $1.29 billion in cumulative inflows after April demand returned strongly again. XRP stayed near $1.43 despite fresh ETF inflows and renewed investor demand this week recently. Nearly 35 million XRP left exchanges, raising hopes of lower sell pressure ahead for traders. Data from SoSoValue showed total net inflows rising to $1.29 billion by the end of the latest business week. The funds added $15.74 million during the week ending April 24. April inflows reached $81.63 million, making…

Michael Saylor has hinted at another Strategy Bitcoin purchase ahead of the company’s expected Monday update.  Summary Saylor hinted at another Bitcoin purchase after Strategy raised holdings to 815,061 BTC last week. Analysts expect a smaller buy because MSTR share issuance paused while shares traded below par. Strategy still has ATM capacity, but funding conditions may limit near-term Bitcoin accumulation size. The Strategy executive posted his usual Sunday signal on X, writing, “The ₿eat Goes On.” The post drew attention because Strategy made a large Bitcoin purchase last week. The company added 34,164 BTC, lifting its total holdings to 815,061…

A White House-linked official has warned that failure to pass clear crypto rules in the United States could help China gain ground in digital assets. Summary Patrick Witt warned that failing to pass clear US crypto rules could benefit China’s digital asset ambitions. The CLARITY Act remains stalled as lawmakers debate stablecoin yield rules and market oversight. The Senate Banking Committee’s narrow GOP majority leaves the bill dependent on full Republican support. The comments came as debate over the proposed CLARITY Act continues in Washington. Patrick Witt said the United States risks losing leadership if lawmakers fail to approve a…