The dominance of Bitcoin and Ethereum is being directly challenged in a new outlook from Bloomberg Intelligence strategist Mike McGlone. An unexpected competitor He is in a position to overtake both. With Tether USDT’s market capitalization steadily closing in on Ethereum, Mike McGlone believes the stablecoin’s rise is only just beginning, but the two largest cryptocurrencies could be headed in opposite directions. Unlikely candidate gains ground Mike McGlone, senior macro strategist at Bloomberg Intelligence, said: selected Tether (USDT) is the asset most likely to reshape the hierarchy of the cryptocurrency market in the near future. The crypto market has grown…
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Kuala Lumpur, Malaysia, April 9th, 2026, Chainwire Enhanced Labs Inc, a company focused on building DeFi solutions that package sophisticated options and derivatives strategies into very easily-accessible products for users, has successfully closed a $1,000,000 strategic pre-seed funding round. The round was led by Maximum Frequency Ventures with participation from GSR, Selini, Flowdesk, and other angel investors. The team has highlighted that this is a strategic pre-seed round, with the composition of its investor base being intentional, prioritising strategic alignment. These investors have targeted expertise in trading infrastructure, market-making, institutional distribution, and more. According to the announcement article , Enhanced’s…
Tether has launched QVAC SDK, an open-source software development kit designed to let developers build, run, and fine-tune AI directly on local devices across major operating systems. The company said applications built with the toolkit can run across iOS, Android, Windows, macOS, and Linux from a single codebase, without relying on cloud-only infrastructure. Tether said QVAC SDK is designed to keep AI functions such as writing assistance, transcription, translation, image generation, search, and summarization running directly on consumer hardware, including smartphones, laptops, desktops, and servers. The company said that should improve privacy, lower latency, and keep services functioning even when…
Luisa Crawford Apr 09, 2026 09:52 HKMA confirms 4% interest rate for Silver Bond third payment as Hong Kong inflation averages just 1.28%, highlighting fixed-rate floor protection for senior investors. The Hong Kong Monetary Authority confirmed a 4% annual interest rate for the third payment on its Silver Bond Series due 2027, as the city’s persistently low inflation continues to make the fixed-rate floor the determining factor for bondholders.Announced April 9, the rate applies to payments scheduled for April 23, 2026. The HKMA calculated a Floating Rate of just 1.28% based on six months of Consumer Price Index data—well below…
APIA, Samoa, April 9, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, reported that crude oil perpetual futures volume on its TradFi platform surged over 300% week-over-week, as the US-Iran ceasefire announcement triggered the largest single-day oil price swing since the 1991 Gulf War. Phemex TradFi offers WTI (XTI) and Brent crude oil (XBR) perpetual futures settled in USDT, available 24/7 with no expiry dates, enabling traders to react to geopolitical events regardless of traditional market hours. Weekly crude oil trading volume on Phemex TradFi exceeded $300 million, with the asset’s share of total TradFi volume quadrupling from approximately 3% to…
CryptoDirectories Press, Crypto airdrops are becoming one of the most exciting ways for investors to earn free tokens while supporting innovative blockchain projects. In 2026, airdrops are evolving beyond simple giveaways, with many projects using them as a tool to reward community engagement, liquidity provision, and early adoption. This article explores everything investors need to know about crypto airdrops, how they work, strategies to maximize rewards, risks to consider, and real-world examples. For those looking for innovative DeFi projects that reward early participants, see our Berachain article. What Are Crypto Airdrops? Definition and Purpose of Airdrops A crypto airdrop is…
Is Poke an OpenClaw for the rest of us? That’s the idea coming from a new startup offering an AI agent that you can access via iMessage, SMS, Telegram, and, in some markets, WhatsApp. The AI agent Poke launched publicly in March, allowing consumers to access a personal assistant that can take action on their behalf through a familiar interface. Today, Poke can help with everyday needs, like daily planning, managing your calendar, tracking your health and fitness, controlling your smart home, editing your photos, and more, all via text message. Image Credits:Poke/The Interaction Company of California While you may…
DALLAS, April 8, 2026 /PRNewswire/ – Cango Inc. (NYSE: CANG), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for March 2026. Cango is strategically optimizing its mining operations to prioritize cash margin over scale. This includes refining the mining fleet, decommissioning inefficient miners, deploying alternative models such as hashrate leasing in regions with high hosting fees, and migrating capacity to lower-cost power regions. Operational Strategy: Targeted Efficiency and Risk Mitigation As of March 31, 2026, Cango’s total operational hashrate stood at 37.01 EH/s, consisting of core…
Bitcoin rose above $71,000 on news of a conditional ceasefire between the US and Iran following the reopening of the Strait of Hormuz. Bitcoin rebounds…for now According to today's QCP Market Color, after the ceasefire was announced, risk assets rebounded, stock prices rose, and crude oil cooled to the low $90s. However, the report warns that all this looks like a temporary pause rather than a permanent solution. Remember, according to President Donald Trump himself, the ceasefire depends on how Iran deals with the Strait of Hormuz in the coming weeks. 🚨 President Donald J. Trump issues statement on Iran:…
London, UK, April 8th, 2026, Chainwire Wirex BaaS provides Utorg’s consumer wallet ecosystem with non-custodial card infrastructure, IBAN banking rails, and global payment acceptance — going live in weeks, not months Wirex, a full-stack crypto card issuer and Banking-as-a-Service (BaaS) provider, today announced a strategic partnership with Utorg (utorg.com), a global fintech company building consumer and business infrastructure for the stablecoin economy, working with EU-regulated fintech companies behind Utorg’s rapidly growing onchain-financial application — serving more than 2 million users across 190+ countries. Through Wirex BaaS, Utorg will embed fully compliant card issuance and banking infrastructure directly into its consumer…