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Frank BisignanoVictor J. Blue | Bloomberg | Getty ImagesTwo Democratic Senators — Elizabeth Warren of Massachusetts and Ron Wyden of Oregon — sent a letter Monday to Frank Bisignano, the nominee to lead the Social Security Administration, to ask whether he supports privatizing the agency and if he would be willing to undo recent changes.Bisignano, who is the chief executive officer of payments technology company Fiserv, has been nominated by President Donald Trump to serve as commissioner of the Social Security Administration.Bisignano’s Senate confirmation hearing is scheduled for Tuesday.The hearing comes as current temporary leadership of the agency last week…

Tokyo-based investment firm Metaplanet said Monday it had acquired an additional 150 bitcoin (BTC) to bring its total holdings to 3,350 BTC, valued at approximately $291 million at current market rates. The purchase comes just days after the company made Eric Trump, son of U.S. President Donald Trump, to its newly formed strategic advisory board. He is expected to bring a high-profile perspective to Metaplanet’s ambitions. Metaplanet is working to boost its value for shareholders by buying and holding bitcoin, using a measure called BTC Yield to track how well this plan is working. BTC Yield shows the percentage change…

In 2019 when ABS became the first Private Bank to bridge the world of crypto finance and regulated banking in order to serve clients who were seeking custody for digital assets and a suite of associated services, we expected an eventful ride. We got one – Crypto’s short term valuations roller coaster has been extraordinary, creating and destroying hundreds of billions of notional value over the last five years. However, like our clients, we have remained focused on the long term properties of this exciting space. We have learned to distinguish between noise and the overall direction of travel which…

Former Bangladesh one-day cricket captain Tamim Iqbal was taken to hospital on Monday after suffering a heart attack on the field during a domestic match. Tamim, 36, was leading Mohammedan Sporting Club in a match of the 50-over Dhaka Premier Division Cricket League. He participated in the toss but later complained of chest pain and after initial treatment on the field he was transported to a nearby hospital. “He suffered a heart attack. What I know so far is that his heart started to function better,” Debashis Chowdhury, a medical officer of the Bangladesh Cricket Board (BCB), told AFP. Tariqul…

MIAMI: World number one Aryna Sabalenka reached the last 16 at the Miami Open when Elena-Gabriela Ruse retired injured on Saturday, while men’s top seed Alexander Zverev beat Jacob Fearnley 6-2, 6-4 to reach the third round. Sabalenka, who arrived in Miami fresh off a defeat in last week’s Indian Wells final, wrapped up the first set 6-1 before Romanian Ruse was forced to retire with a right thigh injury. Up next for three-times Grand Slam champion Sabalenka will be American defending Miami champion Danielle Collins, who beat Swiss qualifier Rebeka Masarova 6-4, 3-6, 6-3. Former world number one Naomi…

Financial markets gave risk-on vibes early Monday during Asia hours based on reports that the next round of Trump tariffs due on April 2 could be more measured than initially expected. Bitcoin (BTC), the largest digital asset by market value, traded at around $86,500, up 2.7% on a 24-hour basis, with Solana’s SOL token trading nearly 6% higher at $138, according to CoinDesk data. Payments-focused XRP was up 2.5% at $2.44, trading above its 50-day simple moving average (SMA) after two consecutive weeks of positive price action. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq rose…

SHANGHAI: Australian Oscar Piastri roared back from season-opening disappointment to win the Chinese Formula One Grand Prix in a McLaren one-two on Sunday while Ferrari had both drivers disqualified. Lando Norris held on with fading brakes for second place ahead of Mercedes rival George Russell to stretch his championship lead, over Red Bull’s Max Verstappen, to eight points after two race weekends. Verstappen was fourth with Ferr­ari’s Charles Leclerc and Saturday sprint winner Lewis Hamilton finishing fifth and sixth before being disqualified when their cars failed post-race technical checks. Leclerc’s was underweight while Hamilton’s had suffered excessive skid wear. Piastri’s…

NANJING: World Athletics president Sebastian Coe insisted on Sunday that his unsuccessful challenge to succeed Thomas Bach as head of the International Olympic Committee was water under the bridge. Coe had to be content with third place in the vote for the new IOC president in Greece this week. Kirsty Coventry, a former Olympic gold medal-winning swimmer for Zimbabwe, won in the first round of voting with 49 of the 97 votes cast from IOC members to become the first African and the first woman to hold the post. Kirsty Coventry, the newly elected International Olympics Committee (IOC) President, addresses…

Misleading Crypto Narratives Persist, Fueled by Speculative Market Sentiment Bitcoin’s current market dynamics are being shaped by conflicting narratives, with long-term holders standing firm despite claims of capitulation. According to data from CryptoQuant’s Onchained, long-term Bitcoin holders have not shown significant selling pressure. The Inactive Supply Shift Index (ISSI) reinforces this, indicating that long-held Bitcoin remains relatively stable, defying market sentiment that suggests holders are panicking. Onchained emphasized that these narratives often lack on-chain validation and are instead driven by market speculation, advising investors to trust data over sensational claims. Meanwhile, analysts are questioning long-held market beliefs, including the relevance…

Haun Ventures Targets $1 Billion for New Crypto Funds, Expects Oversubscription Haun Ventures, a venture capital firm led by former federal prosecutor Katie Haun, is aiming to raise $1 billion to invest in the cryptocurrency sector. The funds, expected to close by June 2025, will be split equally between early-stage and late-stage investments, with $500 million allocated to each. The goal of $1 billion is lower than the $1.5 billion Haun Ventures raised in 2022, which was deployed during the crypto market downturn, largely after the collapse of FTX. However, the firm anticipates the new round will be oversubscribed, despite…