The Islamic world debates whether cryptocurrencies like Bitcoin comply with Sharia law. Three main scholarly stances emerge: total prohibition, conditional permission, and recognition as digital assets. Key objections include speculation, lack of regulation, and extreme volatility.
Coinbase rose 5% after reporting weaker results, with lower transaction revenue and larger losses. Several Wall Street firms kept buy ratings but cut price targets as crypto market pressure continued.
Bitmine has moved from NYSE American to the NYSE main board and raised its share repurchase authorization from $1 billion to $4 billion. The company said it held about 4.803 million ETH as of April 6, equal to roughly 3.98% of circulating supply.
Coinme offers cash and debit card crypto purchases through 40,000+ US retail locations, supporting 11 assets. Fees are high (5% spread + flat fee), and features are limited compared to exchanges like CEX.IO.
A 203.6 million DOGE transfer worth about $20.1 million hit Robinhood as Dogecoin rebounded 6%. The move followed another large transfer earlier in the week and came during a period of weak liquidity and elevated volatility.
ARO Network has launched its Lite 2026 Welcome Bounty, a 45-day campaign featuring 20,000 USDT and Jade rewards. The project says its token generation event is expected in Q2 2026.
XRP dropped 3.4% on Wednesday, losing the $1.15 support level as a breakout attempt failed at the descending trendline. Surging volume confirmed seller dominance, with $1.25 remaining the key resistance.
Charles Hoskinson announced a break, ADA dropped to $0.194, a 5-year low. Cardano's largest data platform TapTools shut down, and the flagship Cardano Summit 2026 was canceled after a funding vote failed by 1.46 points.
