Decentralized exchange aggregator ParaSwap has rebranded to Velora, unveiling a major technical shift toward intents-based trading—a model that departs from traditional single-block execution by allowing traders to express desired outcomes rather than fixed transaction paths.
The shift, announced Thursday, is built on the release of Velora’s Delta v2.5 infrastructure, introducing a competitive agent model where solvers and market makers vie to fulfill user-defined trading goals.
This marks a move away from the legacy aggregator model that has underpinned decentralized finance since its early growth.
At its core, intents-based trading enables users to specify conditions or outcomes—such as a desired price or action—without defining every technical step of the trade. …
The US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.
In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one of five the committee considered in a markup hearing discussing possible amendments. Lawmakers also approved a bill regulating payment stablecoins, setting up the legislation for a full House vote.
“Last Congress, this bill passed out of the House of Representatives by a 216-192 vote,” said Minnesota Representative Tom Emmer, the anti-CBDC bill’s sponsor. “So far this Congress, this bill has 114 cosponsors and support from groups ranging from the Independent Community Bankers Association and the American Bankers Association to Club for Growth, Heritage Action, and the Blockchain Association.”
Many Republican lawmakers have targeted institutions like the Federal Reserve or Treasury Department from exploring CBDC development, often citing financial privacy concerns.
After reintroducing the bill in March, Rep. Emmer suggested it was an attempt to codify an executive order from US President Donald Trump into law. That order, signed on Jan. 23, prohibited “the establishment, issuance, circulation, and use” of a CBDC in the United States.
Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries.
On April 3, the S&P 500 saw a 4.2% drop at market open, its most significant single-day decline since June 2020. The Dow Jones Industrial Average fell 3.41%, to 40,785.41 from 42,225.32, while the Nasdaq Composite dropped 5.23%. Overall, $1.6 trillion in value was wiped out from US stock at the market open.
Bitcoin’s value dropped by 8%, but a positive is bulls seem capable of defending the $80,000 support level. These steep declines essentially stem from uncertainty surrounding the new tariffs and amplify investors’ concerns about impending recession.
Source: X
Data from CoinGecko suggests that the total crypto market has dropped 6.8% over the past 24 hours and it seems unlikely that a relief rally is viable in the short-term.
According to CoinGlass, in the past 24 hours, more than 200,000 traders were liquidated, with the total amount exceeding $573.4 million. The largest liquidation occurred on Binance, with an ETH/USDT position worth $11.97 million being force closed.
Total crypto liquidation chart. Source: CoinGlass
Meanwhile, Bitcoin’s open interest dropped below $50 billion, reducing market leverage. Joao Wedson, CEO of Alphractal, mentioned that the liquidation heatmaps indicate heavy leverage around $80,000, raising the potential for a potential drop to $64K-$65K if Bitcoin breaks this level with high trading volume.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office.
What Happened: Pseudonymous trader Pickle outlined a “what-if” scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.
He posits that regulatory pressures would have remained high, likely driving Bitcoin (CRYPTO: BTC) down to the high $50,000s from $70,000 before a gradual recovery.
As Bitcoin mining and Dogecoin mining markets recover, the cloud mining industry is seeing unprecedented growth. Leading cloud mining platform ICOminer is attracting global investors, with users earning over $10,000 per day, marking a golden era for individual investors in cryptocurrency mining.
Cloud Mining Profits Soar – Accessible Investment for All
Bitcoin and Dogecoin prices have risen steadily, boosting cloud mining profits. Platforms like ICOminer allow investors to mine crypto without costly rigs, providing a stable passive income.
As a leading cloud mining provider, ICOminer offers flexible cloud mining contracts starting at $50, supporting Bitcoin, Dogecoin, Litecoin mining, and other cryptocurrency investments. With advanced hardware and green energy solutions, the platform ensures high computing power and consistent returns.
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According to ICOminer, some high-investment users have achieved daily mining earnings exceeding $10,000. This highlights the profitability potential of the cloud mining model. The platform employs top-tier security protocols from Norton™ and Cloudflare® to safeguard user funds and data. Additionally, it offers daily sign-in rewards, allowing users to earn passive income even without additional investment.
President Donald Trump‘s sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.
Wall Street saw a staggering $2 trillion in market cap erased, with the U.S.’s biggest 10 companies shedding $1 trillion alone.
Apple Inc. (NASDAQ:AAPL) plunged 8.7%, staring down its worst day since March 2020 and wiping out nearly $300 billion in value. NVIDIA Corp. (NASDAQ:NVDA) tumbled 6.4%, losing $171.9 billion, while Amazon.com Inc. (NASDAQ:AMZN) dropped 8%, on pace for a $166 billion hit.
The group’s director of business development, a speaker at this year’s Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC.
Market analysts say President Donald Trump‘s newly announced global tariff regime is already reshaping investor sentiment, triggering sharp corrections across risk assets—including crypto.
While digital currencies initially showed some resilience, experts caution that they remain exposed to broader macroeconomic shocks.
Trump’s April 2 speech, which introduced a “reciprocal tariff” program with baseline rates starting at 10% and scaling up to 50% by April 9, caused immediate volatility in financial markets.
Bitcoin (CRYPTO: BTC) has dipped below $82,000, while U.S. equity futures and global ETFs slid.
Trump described the move as a “Declaration of Economic Independence,” aimed at rebalancing global trade dynamics.
According to David Hernandez, a crypto investment specialist at 21Shares, the tariffs removed some ambiguity around U.S. trade policy but raised new concerns.
