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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us mixed messages. A fresh IPO filing, but a bleak outlook for exits overall. New funding rounds, but founders frustrated over lack of capital….
The Federal Reserve’s monthly manufacturing survey showed the sharpest decline in activity since 2020. Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of…
Traders expect Bitcoin price to benefit from global stimulus, a weaker US dollar, and BTC’s decoupling from equities. Key points: Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Read more If you liked the article, do…
The panel at TokenizeThis 2025, in New York City, centered on yield-bearing stablecoins, KYC, and the dominance of US-pegged stablecoins. Stablecoins rose to popularity as a result of limitations in the US financial system — particularly restricted banking hours and the lack of a non-USD trading pair, according to Jerald David, president of Arca Labs….
“Stablecoins are a digital product that could actually have fairly wide appeal and should contain consumer protections,” Powell said. As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell. In an April 16 panel at the Economic Club of Chicago, Powell commented…
Auradine is aiming to expand its presence in the Bitcoin mining market, but it faces strong competition from established Chinese manufacturers. Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding round. The new capital will go…
“BitBonds” would allow the US to save money to refinance $14 trillion of debt even in a scenario where Bitcoin “goes to zero,” VanEck’s Matthew Sigel said. VanEck’s head of research has pitched a new type of US Treasury bond partially backed by Bitcoin to help refinance $14 trillion in US debt. Matthew Sigel pitched…
Bitcoin Policy Institute executive director Matthew Pines said that tariff earnings are “budget-neutral” and can be used by the US government to buy Bitcoin. A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the…
Italy’s Minister of Economy and Finance Giancarlo Giorgetti said US stablecoins’ appeal to Europeans should not be underestimated. Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Ethena Labs has exited the German market after regulators flagged “deficiencies” in its USDe stablecoin. In El Salvador, new data from the central bank…