SEC Sides with McDonaldโs in Rejecting Shareholder Bitcoin Treasury Proposal
The SEC has allowed McDonaldโs to dismiss a proposal by conservative shareholders urging the company to add Bitcoin to its treasury. The fast-food giant argued the matter falls under โordinary business operations,โ and the SEC agreed, stating it wonโt pursue enforcement if the topic is excluded from Mayโs shareholder meeting.
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The SEC has allowed McDonaldโs to dismiss a proposal by conservative shareholders urging the company to add Bitcoin to its treasury. The fast-food giant argued the matter falls under โordinary business operations,โ and the SEC agreed, stating it wonโt pursue enforcement if the topic is excluded from Mayโs shareholder meeting.
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Fartcoin surged nearly 99% in a week and 30% in a day, decoupling from the broader altcoin market after Trumpโs tariff pause. Now the third-largest Solana meme token with a $900M FDV, FARTCOINโs rally has been fueled by AI-driven hype and high liquidity โ proving once again that, in crypto, hot air really does rise.
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WSJ reported that CZ agreed to cooperate with the DOJ against TRON founder Justin Sun as part of his plea deal. Sun dismissed it, calling CZ a โmentor and friend,โ and reaffirmed trust in both CZ and U.S. authorities. He accused critics of trying to divide the crypto space. Meanwhile, Binance is lobbying the U.S. Treasury to remove its federal monitor and eyeing a stablecoin deal tied to Trumpโs WLFI.
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World Liberty Fi โ tied to Trumpโs family โ purchased $775K worth of SEI using USDC, sparking a 7.8% price surge in 24h. The Layer 1 token, down 75% YoY, saw renewed attention as the move signals potential strategic crypto alignment by Trump-affiliated entities.
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Despite ongoing uncertainty from Trumpโs tariff war, whales accumulated key altcoins in the second week of April. DOGE led with 1.41B tokens ($220M) bought, pushing whale holdings to their highest since December. Whales also picked up 2.63M WLD ($1.94M) and 19.41M ONDO ($17M), signaling renewed interest in meme coins, AI-linked assets, and RWA tokens.
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Ripple is reportedly proposing to pay its reduced $50 million SEC penalty using XRP tokens, according to CEO Brad Garlinghouse. The move, revealed during FOX Business talks, comes as both parties reach a preliminary settlement after years of legal battles. If approved by SEC commissioners, this could signal a historic shift in regulatory stance toward digital assetsโfurther boosting XRPโs growing institutional momentum amid its 300% rally post-Trump victory.
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A deep dive into all tokens listed on Binance in 2025 reveals a sobering stat: even under perfect conditions (buying on Day 1, selling the top), the chance of making a profit is just 37%.
Key reasons for the poor performance:
โข Binance likely charges hefty listing fees, pressuring teams to deliver hype over substance.
โข For many projects, the entire narrative is built around โgetting listedโ, not long-term value.
โข The listing itself becomes the final pump, often followed by a prolonged downtrend.
The days of easy listing flips may be over.
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CZ Predicts Bitcoin Will Hit $1MโBut Warns It Wonโt Be Fast
Bitcoin has bounced back to $85,000, and Binance co-founder CZ believes itโs only the beginning. In a recent interview, he predicted Bitcoin will eventually hit $1 millionโjust not overnight.
CZ says wealthy nations will lead the race to buy BTC as a reserve asset, pushing the price up dramatically. He cautions that the market is still young and big gains take time.
Other big names back the thesis: Jack Dorsey sees $20T market cap by 2030, while Arkโs Cathie Wood targets $1.5M BTC by decadeโs end.
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Bitcoin has bounced back to $85,000, and Binance co-founder CZ believes itโs only the beginning. In a recent interview, he predicted Bitcoin will eventually hit $1 millionโjust not overnight.
CZ says wealthy nations will lead the race to buy BTC as a reserve asset, pushing the price up dramatically. He cautions that the market is still young and big gains take time.
Other big names back the thesis: Jack Dorsey sees $20T market cap by 2030, while Arkโs Cathie Wood targets $1.5M BTC by decadeโs end.
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BitMEX founder Arthur Hayes says rising bond yields and fresh Fed signals point to incoming liquidityโmaking this the ideal moment to buy crypto.
He expects the Fed to act soon, pushing Bitcoin into a full โUP ONLYโ mode. With Trumpโs tariff war heating up and macro stress building, Hayes believes risk assets are about to soar.
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He praised Railgun, Farcaster, Polymarket, and Signal, while calling out PumpFun, Terra/Luna, and FTX as examples of poor values.
โIt all comes down to what the builders believe in and aim to achieve,โ he said.
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CZ and Justin Sun Fire Back at WSJ Over Trump Stablecoin Claims
WSJ accused Binanceโs CZ and Justin Sun of secret deals with Trump-linked crypto projects and DOJ cooperation.
CZ called it a paid smear: โThey forgot who went to prison. I heard someone paid WSJ to attack me.โ
Sun denied the claims, calling CZ his โmentor and friendโ, and said Tron works closely with the DOJ.
Both reject the reportโs claims of shady deals and legal cooperation.
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WSJ accused Binanceโs CZ and Justin Sun of secret deals with Trump-linked crypto projects and DOJ cooperation.
CZ called it a paid smear: โThey forgot who went to prison. I heard someone paid WSJ to attack me.โ
Sun denied the claims, calling CZ his โmentor and friendโ, and said Tron works closely with the DOJ.
Both reject the reportโs claims of shady deals and legal cooperation.
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โ Trump family set to launch stablecoin USD1, tied to their crypto ventures
โ Reportedly earned $1B+ from Bitcoin and other crypto investments
โ Deep involvement includes BTC mining and now stablecoins
โ Launch to include airdrop, expanding their crypto footprint
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Just six days after announcing a $108M fund for DeFi and RWA projects, today the Mantra team dumped 90% of circulating $OM, deleted their Telegram, and erased a $3.5B market cap.
Classic crypto exit โ fast, silent, brutal.
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BlackRock just acquired 4,126 ETH via its spot Ethereum ETF, totaling $6.4M. The move came as Ethereum crossed $1,600, marking renewed institutional interest. With JPMorgan and Grayscale also upping their ETH exposure, some analysts see signs of a potential altcoin utility season ahead.
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Waylon Wilcox, 45, pleaded guilty to underreporting nearly $13M in profits from selling 97 CryptoPunks in 2021โ2022. He faces up to 6 years in prison after filing false tax returns that cut his dues by $3.2M.
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Vitalik Buterin Proposes Simple Privacy Roadmap for Ethereum
Focuses on improving privacy across four areas without core protocol changesโsuggests using tools like Railgun and PIR in wallets.
Nasdaq Applies to List VanEck Avalanche Spot ETF
Approval expected by end of December; DOGE ETF likely in October.
TRUMP Token Faces $320M Unlock on April 18
40M tokens unlockedโ20% of supply.
Risk of price pressure if sold.
Ethena Labs Launches Proof-of-Reserve for USDe
Weekly audits by Chainlink, Chaos Labs, and others to ensure USDe backing.
Uniswap Foundation Announces Hackathon Winners
Top prize: AnyPrice (cross-chain oracle access). Other winners: Swoupon and MiladyBank.
OpenSea Asks SEC to Clarify NFT Regulation
Says it's not an exchange or brokerโcalls regulation attempt overreach.
Aave Launches $4M AAVE Buyback Plan
Part of Aavenomics upgrade. Weekly $1M cap for 6 months.
Linea Delays TGE Until Bull Market
Token launch will wait for market recoveryโtimeline still TBD.
HashKey Chain Targets RWA and Finance Use Cases
Positioning as public chain for RWA, PayFi, and stablecoin integration.
Binance Launchpool Introduces WalletConnect (WCT)
67th project goes live April 15. Key bridge for wallets and DApps.
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