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In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trump’s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency. Tuberville, the sitting Senator since 2021, spotlighted his “Freedom’s Act,” a policy that would allow Americans to invest their retirement funds in Bitcoin ( BTC ) and other altcoins . Tuberville introduced his act in 2022 and 2023 but it failed to make any notable progress. He hopes that now with the backing of President Donald Trump his vision can become a reality. “President Trump has become the crypto president and we want to help him with this,” he said. “This would be something good for everybody… diversify. It’s a free country., do what you want with your money. Tuberville contrasted Trump’s crypto-friendly policies with what he described as the Biden administration’s that “didn’t want anything to do with crypto.” The senator linked the pro-crypto stance to Trump’s wider economic vision, which includes deregulation, tax cuts, energy independence, and trade reform. He argued that deregulation through executive orders is a necessary move to counter Democrat opposition and provide Americans “a chance to breathe for once” after four years of being “strangled.” “We have to get this done… if we’ve got to stay up here every night, all through the weekend,” Tuberville said. “American people have to know that the tax cuts are going to be done and done permanently.” As Trump’s “Liberation Day” announcement approaches, Tuberville made it clear: crypto is no longer a fringe issue, rather it’s at the center of the GOP’s economic strategy.

Hut 8 CEO Asher Genoot discussed in a Bloomberg interview the logic behind the newly launched American Bitcoin venture. Genoot, speaking on Bloomberg TV in a joint interview with Eric Trump, said that Hut 8 is not starting its venture with members of the Trump family from scratch. Instead the venture is launching as a “scaled mining operation from day one.” Hut 8 will contribute its mining rigs in exchange for an 80% stake in American Bitcoin, allowing the venture to begin with substantial infrastructure and operational capacity to mine Bitcoins ( BTC ). “We’ll contribute our rigs into the entity in return for an 80% stake,” Genoot said. “And then we’ll go build and scale and build this business together rather than from kind of a startup,” Genoot said. He also highlighted that the company plans to go public in the future, positioning itself as a “pure play” Bitcoin miner that can produce BTC more cheaply than buying it outright. American Bitcoin will focus on holding Bitcoin on its balance sheet, building a strategic reserve, and establishing itself as a major player in the sector. “The vision here is to give shareholders a pure play mining company that has the ability to produce Bitcoin cheaper than just buying it.” he said. “And so continuing to build the strategic reserve and be one of the largest Bitcoin miners and Bitcoin holders out there.” Genoot framed the partnership with Eric Trump and American Data Centers as a synergy between crypto and America’s energy infrastructure. He said “we believe in Bitcoin, we believe in America” and the energy infrastucture in place. He also indicated strong support for broader adoption of Bitcoin at the state and federal level. He noted multiple state governments are exploring strategic reserves of their own but his venture will “lead by example.”

OpenAI makes a big move. With a funding round led by SoftBank, the AI company secures 40 billion dollars. Result: its valuation rises to 300 billion. A strong signal for the entire tech industry! It seems that AI company OpenAI is entering a phase of unprecedented growth. The financial contribution of 40 billion from SoftBank is indeed the largest private fundraising ever recorded in the technology sector. OpenAI’s valuation now reaches 300 billion dollars, positioning it just behind SpaceX in the ranking of the most valued private companies. The majority of the funds aim to strengthen technological infrastructure. OpenAI plans to allocate 18 billion to the Stargate project. This program aims to create a vast network of data centers specializing in AI in partnership with Oracle, SoftBank, and other industry players. In its statement , OpenAI claims it wants to use these resources to develop systems capable of: The technical ambitions are accompanied by a long-term vision. OpenAI aims to establish itself as the architect of a centralized, high-performance, and sustainable global AI. OpenAI will first receive 10 billion from SoftBank. To unlock the remaining 30 billion, the AI company will need to move away from its hybrid model to adopt a fully capitalist status. Indeed, the clause included by SoftBank stipulates a reduction of its investment to 20 billion if the legal transition does not occur before December 31, 2025. This shift therefore implies a formal disengagement from the historical non-profit branch, founded in 2015. It will require the approval: According to experts, this change could emerge internal tensions. Elon Musk, co-founder of OpenAI and a recurring critic of its governance, could indeed oppose this reconfiguration. Beyond legal considerations, the shift in model also raises questions about the very identity of the company: can it still embody a beneficial and open AI while yielding to the most classical financial logics? In any case, OpenAI confirms (once again!) its role in the AI revolution. Its future will depend on its ability to reconcile technological ambitions, economic demands, and ethical responsibilities, as shown in the roadmap recently unveiled by Sam Altman .

Chinese gaming firm The9 secures $8M strategic investment from crypto investment funds The9 Limited, a Nasdaq-listed Chinese gaming company, has raised $8 million in strategic investment from three crypto investment funds, including Elune Capital, Fine Vision Fund and Bripheno

X2Y2 is closing its marketplace after three years, acknowledging the decline of NFT trading and shifting focus to AI. NFT marketplace X2Y2, which was launched as an alternative to OpenSea and LooksRare, will shut down on April 30, citing a steep decline in trading activity and the challenges of staying competitive. In a March 31 statement , the project’s mysterious TP founder said the X2Y2 team is “sunsetting X2Y2 as an NFT marketplace” after three years in the industry, adding that the “90% shrinkage of NFT trading volume from its peak in 2021 is for sure one of the many reasons.” “The NFT chapter taught us a lot — most of all, that lasting value beats chasing trends. That lesson’s why we’re drawing a line here, not a pause or a maybe, but a full stop on X2Y2 as we knew it.” TP, founder of X2Y2 X2Y2, which was once positioned as a key player in the space, reaching $5.6 billion in all-time trading volume and peaking as the second-largest NFT marketplace behind OpenSea , has since shrunk to $53.6 million, per data from Token Terminal. The platform’s smart contracts will remain operational, allowing users to interact with them, but the team warned that the shutdown could impact its token. “I know this might sting, especially when it comes to token price. X2Y2 tokens were tied to this NFT vision, and as we close this chapter, that’s likely to hit hard. I feel that with you, and I’m not here to sugarcoat it.” TP, founder of X2Y2 Following the news, the X2Y2 token dropped 6.95%, per data from crypto price aggregators. While closing the marketplace, X2Y2 is not completely stepping away from crypto. The team hinted at a pivot into AI, calling it “hands down the biggest paradigm shift we’ll see in our lifetimes.” While no details were given, the team described their next project as something that “takes everything we’ve learned and aims higher,” focusing on “yields in a permissionless way, powered by AI.”