Stablecoins
Regulation
SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech
Atkins said that self-custody is a foundational American value that should not disappear in the internet.
Hacks
Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack
The post by president Santiago Peña's X account was potentially the result of a security breach, according to a presidency statement.
Culture
Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Jonathan Mann decided to hold the ETH from the sale, which turned out to be a bad decision in hindsight.
Memecoins
Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
The memecoins amassed over $355 million in daily trading volume, representing 64% of the $556 million registered in the past 24 hours.
ETF
Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B
In addition to the significant inflows, recent data shows that institutional interest surpassed $1 billion in the first quarter.
ETF
Stalling first-mover advantage: VanEck, 21Shares, Canary press SEC to restore first-to-file ETF review order
The letter mentioned the Solana ETF filings when stated that there is "no foreseeable inequity in reinstating the first to file principle for outstanding applications."
Exchanges
Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124
The Gemini filing confirms February reports that the Winklevoss twins saw the regulatory shifts in the US as a favorable scenario for an IPO.
Analysis
Profit-taking, not capitulation: institutions cut Bitcoin ETF exposure by 23% in Q1
CoinShares reported decreasing appeal of the basis trade as likely reason for profit-taking, resulting in declining ETF exposure.
Analysis
Bitcoin bulls must guard key $95.6k support as veteran holders cash in on gains
Long term holders are securing gains, pressuring Bitcoin's price close to key support levels.
Stablecoins
Uber eyes stablecoins for faster settlements, lower FX costs for global operations
Dara Khosrowshahi said stablecoins could compress costs in regions where local banking rails remain expensive or slow.
Trading
Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts
CRCL surpassed $103 in price shortly after its debut on NYSE.
Regulation
Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze
Anthropic CEO Dario Amodei advocated for federal AI oversight to prevent stagnation in state regulation due to Trump bill.
