Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Kraken has partnered with Mastercard to make it easier for people in the EU to spend their crypto. With this collaboration, users can now use Bitcoin and other cryptocurrencies at over 150 million merchants where Mastercard is accepted. This move brings crypto one step closer to everyday use, allowing holders to pay for goods and services just like they would with cash or a card. It’s a big step toward making digital assets truly usable in real life.

Ripple has announced its acquisition of Hidden Road for $1.25 billion, marking a major step in the crypto world. With this deal, Ripple becomes the first crypto company to own and run a global, multi-asset prime broker. The partnership aims to deliver digital asset services to institutional clients at scale, creating a stronger bridge between traditional finance and decentralized finance. This move highlights Ripple’s push to lead innovation and expand crypto’s role in mainstream financial markets.

The U.S. Department of Justice has officially disbanded its crypto enforcement unit, effective immediately, following an order from Donald Trump. The move shifts the DOJ’s focus away from targeting crypto exchanges, mixers like Tornado Cash, and offline wallets. Instead, the department has been directed to prioritize prosecuting individuals who defraud or exploit digital asset investors. The decision marks a significant change in how the U.S. plans to approach crypto-related crimes going forward.

A Nigerian court has postponed Binance’s tax evasion case to April 30, giving the country’s tax authority more time to respond to a request from the exchange. The case involves serious claims—Binance is accused of owing $2 billion in back taxes and $79.5 billion in economic damages. Nigerian authorities allege the crypto platform’s operations contributed to destabilizing the naira. The delay adds to the growing tension between Binance and Nigeria amid a wider regulatory crackdown on crypto platforms. Contine To Read

Cathie Wood’s Ark Invest took advantage of the market downturn on Monday, buying 84,514 shares of Coinbase across two ETFs, totaling around $13.3 million. The ARK Next Generation Internet ETF (ARKW) picked up 64,806 shares, while the ARK Fintech Innovation ETF (ARKF) added 19,708 shares. Following the move, Coinbase now ranks as the second-largest holding in ARKF at 7.65% and the fourth-largest in ARKW at 5.92%, highlighting Ark’s strong confidence in the crypto exchange.

Metaplanet has made a major financial move, fully redeeming ¥2 billion ($13.69M) in bonds, leaving only ¥3.75 billion ($25.65M) in outstanding debt. The company now holds 4,206 BTC, valued at ¥46.81 billion ($320.6M). The bold move shifts their balance sheet into crypto dominance, signaling confidence in Bitcoin over traditional finance. Metaplanet is sending a clear message—they’re playing the long game with Bitcoin.

WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) saying “yes.” A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing in hand, Zettai is now taking the next step by moving the proposal forward to the Singapore Court for formal approval.

Bitcoin’s price dropped below $77,000 due to a sharp selloff in global markets triggered by President Trump’s announcement of sweeping global tariffs. This sparked fears of a global recession, prompting investors to flee risk assets like crypto. Over $1.3 trillion was wiped from the crypto market, with major coins like Ethereum and Solana also seeing heavy losses. The plunge to market-wide panic, liquidations, and loss of key support levels—not to any specific crypto-related news. Read complete Story.

The Hong Kong Securities and Futures Commission (SFC) has released updated guidelines for licensed virtual asset trading platforms. The new rules allow these platforms to offer staking services, enabling users to earn rewards on digital assets. However, the guidelines mandate strict risk reduction measures, robust protection of customer assets, and full disclosure of staking risks. The move aims to strike a balance between fostering crypto innovation and ensuring investor safety in Hong Kong’s rapidly evolving market, while driving sustainable growth. Read More

In a dramatic market crash today, $985 million was liquidated, sending shockwaves through the crypto world. Bitcoin fell below $78,000, while key altcoins such as XRP, SOL, and ETH dropped roughly 15%. The rapid sell-off underscores the inherent volatility of digital assets as investors face uncertainty amid ongoing regulatory and economic pressures. With sharp downturns across the board, this event serves as a stark reminder of crypto’s unpredictable nature and the high risks involved in the market today.