After a $500 million settlement with the Department of Justice earlier this year, OKX crypto exchange has formally resumed operations in the U.S. The relaunch was announced via press release on Apr. 15, which stated that it includes the release…

OKX re-launches in the U.S. with a new crypto exchange and self-custody wallet

Ethereum&#8217;s pressure continues to deepen as three major investment firms move 
over $40 million worth of ETH to exchanges within 24 hours. According to data 
shared by on-chain analyst The Data Nerd on Apr. 16, within the last 24 
hours,…

Ethereum faces $40m VC dump as ETH price slides below key support

According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound 
in Bitcoin reflects far more than speculative trading, rather it is a direct 
response to growing macroeconomic instability and a shift in global financial 
architecture. Speaking on CNBC&#8217;s…

Bitcoin and gold show loss of confidence in fiat, says Galaxy CEO

Real estate-focused financial technology firm Janover has acquired 80,567 
Solana tokens for roughly $10.5 million.
According to an April 15 announcement, with its latest purchase, Janover&#8217;s 
Solana (SOL) holdings reached 163,651.7 &#8212; worth about $21.2 million, 
including staking rewards. With this investment, the amount of Solana per each 
of the 1.5 million shares reached 0.11 SOL, valued at $14.47 &#8212; an increase of 
120%.
_Janover stock price chart. Source:__Google Finance_
Janover plans to start staking the newly acquired SOL immediately to generate 
additional revenue. The announcement follows the company raising about $42 
million with the expressed intent to enhance its digital asset treasury 
strategy.
The new capital was raised in a convertible note and warrants sale from 
Pantera Capital, Kraken, Arrington Capital, Protagonist, The Norstar Group, 
Third Party Ventures, Trammell Venture Partners and 11 angel investors. At the 
same time, a team of former Kraken executives has taken control of the 
company.
Joseph Onorati, former chief strategy officer at Kraken, stepped in as 
chairman and CEO at Janover following the group&#8217;s purchase of over 700,000 
common shares and all Series A preferred stock.
_**Related:**__**Real estate firm Fathom can now add Bitcoin to its balance 
sheet**_
## Altcoins on the balance sheet?
Janover is one of the latest companies to decide to add digital assets to 
their corporate treasury. What makes it an outlier is the decision to 
accumulate an asset that is not Bitcoin (BTC).
The most notable example of a Bitcoin-accumulating firm is Strategy (formerly 
MicroStrategy). Strategy is a publicly traded business intelligence company 
founded as MicroStrategy in 1989.
In 2020, the firm pivoted to acquiring as much Bitcoin as possible. Strategy 
now holds well over 2.5% of all Bitcoin that will ever be produced.
_**Related:**__**Bitcoin on corporate balance sheets: What &#8216;s the risk and 
reward?**_
## Bitcoin dominates balance sheets
BitcoinTreasuries.NET data shows that Strategy holds 528,185 BTC worth nearly 
$44.2 billion at the time of writing. The company has leveraged debt to 
accumulate its Bitcoin.
Another example of a company that is now focused on accumulating Bitcoin is 
Metaplanet, often referred to as &#8220;Japan&#8217;s MicroStrategy.&#8221; Both companies hold 
Bitcoin as a hedge against inflation and as part of a broader strategy to 
diversify and modernize their treasuries.
According to some analysts, this strategy may soon pay off. Bitcoin is showing 
growing resilience to macroeconomic headwinds compared with traditional 
financial markets, according to a recent Wintermute report. Still, not 
everyone is convinced that the trend will hold, with the founder of 
Obchakevich Research, Alex Obchakevich, saying:
&gt; &#8220;As the trade war intensifies, Bitcoin may return to the list of risky 
&gt; assets. Because investors will most likely look for salvation in gold.&#8221;
_**Magazine:**__**Bitcoin eyes $100K by June, Shaq to settle NFT lawsuit, and 
more: Hodler &#8216;s Digest, April 6 &#8211; 12**_

Real estate fintech Janover doubles Solana holdings with $10.5M buy

VeChain, a layer-1 blockchain platform focused on real-world applications, has 
added Ultimate Fighting Championship (UFC) CEO Dana White as its newest 
official adviser to raise more mainstream awareness of blockchain technology.
White, also the founder of Power Slap, will join VeChain&#8217;s advisory board next 
to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world 
blockchain adoption through &#8220;complementary expertise in mass marketing and 
scientific innovation.&#8221;
&#8220;VeChain is an incredible partner for the UFC and Power Slap, and I&#8217;m honored 
to join their advisory board,&#8221; White said in a statement shared with 
Cointelegraph. &#8220;I&#8217;m passionate about technology, and with their products and 
innovation, I&#8217;m looking forward to helping elevate their brand to the next 
level.&#8221;
_UFC CEO Dana White (left) with Sunny Lu, co-founder and CEO of VeChain 
(right). Source: Jeff Bottari, UFC_
 _**Related:**__**4th gen crypto needs collaborative tokenomics against tech 
giants &#8212; Hoskinson**_
The move could significantly expand blockchain&#8217;s reach. UFC broadcasts reach 
more than 950 million households globally, giving VeChain a major opportunity 
to connect with new users.
White will play a pivotal role in amplifying VeChain&#8217;s sustainability 
initiative, VeBetterDAO, a decentralized platform incentivizing &#8220;real-world 
sustainable actions&#8221; through the DAO&#8217;s incentive tokens (B3TR).
White will not receive any B3TR or VeChain (VET) tokens as compensation for 
his advisory role, VeChain confirmed to Cointelegraph.
_**Related:**__**Bitcoin still on track for $1.8M in 2035, says analyst**_
## UFC taps VeChain for tokenized fighter gloves
The UFC has already implemented VeChain&#8217;s technology, with Near-field 
communication (NFC) chips integrated into a new generation of fighter gloves.
_Source:__VeChain_
&#8220;This was done to combat fraud, as fighter apparel is often auctioned off for 
charity and other causes, but suffers from a high degree of fraud,&#8221; Sunny Lu, 
co-founder and CEO of VeChain, told Cointelegraph, adding:
&gt; &#8220;The NFC + blockchain combination helps demonstrate the items are authentic. 
&gt; An example of how VeChain creates &#8216;RWA&#8217; and phygital goods.&#8221;
&#8220;Additional conversations are underway with the UFC, the UFC Foundation and 
other partners to provide opportunities for VeChain and the VeBetter app 
ecosystem,&#8221; with details to be revealed in the coming weeks, Lu added.
VeChain is a layer-1 smart contract platform designed to enhance the supply 
chain and accelerate the mass adoption of blockchain technology.
_**Magazine:**__**Bitcoin eyes $100K by June, Shaq to settle NFT lawsuit, and 
more: Hodler &#8216;s Digest, April 6 &#8211; 12**_

UFC boss Dana White becomes VeChain adviser to push blockchain mainstream

Stocks trimmed gains, led by global chip makers, to see the U.S. stock market 
opened on Wednesday, April 16. Although the likes of Nvidia were slightly up 
as investors reacted to news China had indicated its readiness to engage the…