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As traditional finance (TradFi) increasingly moves into the crypto space, tension is brewing between decentralization advocates and institutional giants. Big names like Citadel Securities, Fidelity, and BlackRock are jumping in — with Citadel planning to become a crypto liquidity provider, Fidelity offering Bitcoin and Ethereum in retirement accounts, and BlackRock warning that the U.S. dollar could lose dominance to Bitcoin. Many crypto purists argue that the arrival of major financial institutions threatens decentralization, one of crypto’s core principles. “When institutions enter the space and gain control over huge portions of the market, we lose all the benefits of decentralization,” some…

Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving regulatory framework. The registration, announced on Tuesday, comes after a multi-year process that required exchanges to meet higher standards for investor protection and governance. Kraken said it worked closely with Canadian regulators during this pre-registration phase, upgrading its compliance systems and internal controls to meet expectations set by the Ontario Securities Commission (OSC). To lead its Canadian expansion, Kraken named Cynthia Del Pozo as general manager for North America. Del Pozo, a fintech…

MELBOURNE: Inco­ming Australian Olympic Comm­ittee (AOC) chief Mark Arbib hopes the 2032 Brisbane Games will persuade the nation’s talented young athletes to pursue medals over football careers. Australian Rules football and rugby league have long dominated the country’s professional sports market, offering the kind of salaries and support to young athletes that Olympic sports struggle to match. Arbib, confirmed on Wednesday as the replacement for outgoing Chief Executive Matt Carroll, said the AOC needed to compete hard against the National Rugby League (NRL) and the Australian Football League (AFL) to lure talent. “I am a big fan of the NRL…

Bitcoin hit a record high of $109,000 earlier this year, but the level of sales remains far below the peaks seen in previous cycles, according to research by on-chain analytics firm Glassnode. The study, released on April 1, highlights a trend of investors who purchased Bitcoin between 2020 and 2022 holding onto their assets, even amid significant price volatility. The data shows that buyers from this period, whose cost basis ranges from the 2020 low of $3,600 to the 2021 high of $69,000, have not been motivated to sell, even as the cryptocurrency’s price continues to fluctuate. While the share…

PARIS: Olympic 200m champion Letsile Tebogo said on Wednesday he could have become a delinquent if the sport of athletics had not given him a focus. Tebogo, who stunned the field in Paris last year to became Bots­wana’s first Olympic gold medallist in any sport, said he would take the lessons he learned from his childhood into his new role as a global ambassador for the Kids Athletics scheme. “Sport has really helped me a lot because I think without sport … probably I would be a criminal by now,” 21-year-old Tebogo told reporters on a video conference call. “In…

The cryptocurrency market could hit its lowest point within the next two months, with a 70% chance of this happening before June, according to Aurelie Barthere, principal research analyst at Nansen. The timing depends heavily on the outcome of ongoing global tariff negotiations, particularly the reciprocal import tariffs announced by U.S. President Donald Trump. These tariffs, intended to reduce the country’s trade deficit and boost manufacturing, are creating uncertainty across financial markets. Trump unveiled these measures on April 2, aiming to address a $1.2 trillion trade gap. The global markets have already shown volatility in response to previous tariff announcements,…

LAHORE: The training camp of Pakistan women’s squad resumes here at the LCCA ground on Thursday after a four-day break for Eid-ul-Fitr. The camp is being held to prepare the national team for the ICC Women’s World Cup qualifying round, which Pakistan is hosting at two venues of Lahore — Gaddafi Stadium and the LCCA ground. The Pakistan team will play a practice match with their Thailand counterparts at the LCCA ground on Friday. Besides Pakistan and Thailand, other countries featuring in the qualifiers include West Indies, Bangladesh, Ireland and Scotland. The final will be held at the Gaddafi Stadium…

In February of 2025, Michael Saylor uploaded a short post to X which read “never sell your Bitcoin.” This sentiment has been widely echoed by other Bitcoin advocates and investors for years, who encourage their audiences to have “diamond hands” and to “hodl.” Bitcoin is seen as a long-term play by most people who buy it and while it has generated great returns for those people, there haven’t been many ways to put that liquidity to work outside of staking. Bitlayer founder and CEO, Charlie Hu, sat down for an interview with TheStreet Roundtable to discuss the growing demand for…

Eric Trump, President Donald Trump’s son, dove further into crypto Monday when he Bitcoin mining firm that wants to “become a publicly listed company,” according to a TRUMP, and World Liberty Financial announced plans to release its own stablecoin, or cryptocurrency pegged to fiat currencies like the U.S. dollar. Meanwhile, the White House, under Trump, has signaled a friendlier approach to the crypto industry compared to his predecessor, Joe Biden. He’s appointed an AI and crypto czar, pardoned crypto criminals, and authorized the creation of a strategic Bitcoin and digital assets reserve. The close alignment between the Trump’s family’s crypto…

On Apr. 2, Fidelity Investments launched a new individual retirement account (IRA) that lets American adults invest in cryptocurrencies in a tax-friendly manner. All U.S. adults can add Bitcoin, Ethereum, and Litecoin to their retirement portfolios under the product if Fidelity is offering these services in the state they reside in. The firm is offering tax-free (Roth) and tax-deferred (traditional and rollover) IRA accounts to its customers. While there are no fees to open or maintain an IRA or crypto custody with Fidelity, it will charge a spread of 1% on the execution price of crypto buy and sell transactions.…