Crypto exchange OKX has appointed Jonathan Brockmeier, a former compliance officer at fintech firm Thunes, as its new Chief Compliance Officer. OKX announced the leadership change on April 24, confirming that Brockmeier is officially stepping into the role. He replaces…

OKX taps former Thunes exec as chief compliance officer

New York City is hosting a powerhouse crypto summit to attract investors with 
$1 trillion in assets and solidify its position as a global leader in digital 
finance innovation. NYC Crypto Summit Aims to Lure Giants Holding $1 Trillion 
The City of New York announced on April 23 that Mayor Eric Adams and Chief 
Technology […]

NYC Announces First Crypto Summit to Court Titans Holding $1T in Assets

The Italian municipality of Fornelli in the Molise region of Italy will be 
dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.
In an April 23 Facebook post from the municipality, Fornelli said it plans to 
unveil the Satoshi artwork on May 1. Details surrounding the monument were 
unclear in the announcement, but the municipality said it had been designed by 
artist Mattia Pannoni and financed by the local government.
&#8220;It is important, indeed fundamental, as an administration, to take into 
consideration all the new ideas that come from our young people,&#8221; said 
Fornelli Mayor Giovanni Tedeschi.
According to the local government, Fornelli has the &#8220;highest density of 
Bitcoin adoption in the world&#8221; among its roughly 1,800 residents. Other 
regions have attempted to use BTC or other cryptocurrencies to attract 
visitors, including the Bitcoin Beach area of El Salvador and the Swiss city 
of Zug, which accepts crypto payments for many local goods and services.
## Portraying a faceless individual through art
The identity of Satoshi, whether a single individual or a group of people, 
remains one of the biggest mysteries in the crypto space since the publication 
of the Bitcoin white paper in 2008.
_**Related:**__**Italy finance minister warns US stablecoins pose bigger 
threat than tariffs**_
Many artists, both crypto investors and otherwise, have released artwork 
attempting to represent the pseudonymous creator through statues and digital 
images. A common theme in these pieces is showing Satoshi without any clearly 
defined facial features, sometimes wearing a hoodie or working on a computer.
According to the announcement, the monument will be unveiled in the Piazza 
Umberto I area of Fornelli on May 1.
_**Magazine:**__**Former Love Island star &#8216;s tips on how to go viral in 
crypto: Van00sa, X Hall of Flame**_

Italian town to unveil locally financed Satoshi Nakamoto monument

Bitcoin (BTC), the market’s leading cryptocurrency, has seen a remarkable 
surge of 10% over the past week, maintaining its position above $90,000 since 
Tuesday. This upward momentum comes as President Donald Trump softens his 
approach toward the Federal Reserve and suggests that trade negotiations, 
particularly with China, are progressing positively. Bitcoin And Major 
Altcoins Rally Earlier this month, President Trump had announced a 90-day 
pause on imposing significant tariffs on various US trading partners. This 
decision appears to have revitalized investor confidence in Bitcoin, which 
reached a peak of $94,000 on Wednesday, marking its highest value since March 
2, after recovering from a low of $75,000 earlier this month. The broader 
cryptocurrency market has mirrored Bitcoin&#8217;s gains, with Ethereum (ETH) rising 
by 11%, XRP increasing by 7%, and Solana (SOL) climbing 13% over the last 
week. Related Reading: Dogecoin (DOGE) Pulls Back — Is A Bounce from $0.1650 
Support on the Horizon? James Gernetzke, CFO of crypto exchange Exodus, noted, 
“While the broader macro environment may be very volatile, especially for 
equities and fixed income, the digital asset class has been holding up 
remarkably well.” The recent fluctuations in Bitcoin&#8217;s price can be traced 
back to Trump’s earlier announcements of sweeping tariffs, which initially 
sent the cryptocurrency market into a tailspin. However, after the temporary 
pause on tariffs for most countries, investor sentiment shifted. Trump’s 
recent comments signaling a more conciliatory tone toward China—stating his 
intention to be “very nice” in trade negotiations—have further fueled this 
renewed optimism. He indicated that he would “substantially” lower tariffs if 
a deal could be achieved. Investor Appetite Revives This shift in tone has 
reignited investor appetite, with Bitcoin emerging as a primary beneficiary. 
Juan Leon, an investment strategist at Bitwise, commented, “This week’s 
announcements from the Trump administration on negotiations with China 
prospectively leading to a lowering of tariffs have reignited investor 
appetite.” Additionally, Treasury Secretary Scott Bessent has suggested that 
the president is “very close” to finalizing a trade deal with India, with 
White House officials highlighting progress in discussions with other nations 
as well. Related Reading: XRP Price Slips After Rally — Bulls Still in Play or 
Fading Fast? The market rally is also occurring against a backdrop of Trump’s 
recent statements regarding Federal Reserve (Fed) Chair Jerome Powell. After 
briefly expressing frustration over Powell&#8217;s reluctance to lower interest 
rates amid economic turmoil caused by tariffs, Trump reassured markets on 
Wednesday that he has “no intention” of firing the Fed chair. Despite the 
temporary tensions with the Fed, some cryptocurrency advocates view this 
situation as a testament to Bitcoin&#8217;s strength as a decentralized asset. As 
investors seek alternatives amid volatility in American assets and a weakening 
US dollar, Bitcoin&#8217;s value continues to rise. James Butterfill, head of 
research at ETF issuer CoinShares, remarked, “In this environment, investors 
are seeking alternative safe-haven assets.” Featured image from DALL-E, chart 
from TradingView.com

Crypto Market Rallies: Bitcoin Gains 10% Amid Renewed Investor Confidence And Tariff Pauses

POPCAT is showing early signs of life as it presses against a level it hasn’t 
cleared in over two months. But can this altcoin finally shift momentum and 
kickstart a fresh trend? POPCAT (POPCAT) is currently trading at a region…

POPCAT eyes breakout moment after months of pressure below major level

Coinbase and Paypal are unleashing a payments revolution, fusing stablecoin 
tech with mass adoption muscle to drive billions onchain through frictionless, 
instant digital transactions. Coinbase and Paypal Collide to Supercharge 
Crypto Payments—Onchain Adoption Begins Coinbase has broadened its alliance 
with digital payments powerhouse Paypal, aiming to deepen the impact of Paypal 
USD (PYUSD), a stablecoin […]