Market
Legal
SEC cracks down on new $198M crypto fraud as it drops case against Hex’s Richard Heart
The moves mark a pivotal moment for the SEC, which appears to be reevaluating its crypto enforcement tactics.
Investments
Cantor Fitzgerald spearheads $3B move into Bitcoin with Tether, SoftBank, and Bitfinex
The newly unveiled 21 Capital emerges with robust financial support, aiming to transform institutional Bitcoin investment landscapes.
Bitcoin
ETH/BTC ratio hits five-year low amid Bitcoin’s surge towards $90k
The growing macroeconomic threats has elevated Bitcoin as Ethereum stumbles.
ETF
Donald Trump-linked stocks and memecoins surge on crypto ETF move
The TRUMP memecoin saw a 7% rise following ETF news, despite substantial decline from its ATH.
Macro
European Central Bank wary of US stablecoin influence despite EU’s MiCA safeguards
ECB's warnings on US crypto policy highlight broader concerns over American financial influence.
Investments
XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market
European appetite for risk boosts XRP despite overall market hesitance for Bitcoin and Ethereum.
Derivatives
XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave
XRP futures and RLUSD stablecoin integration signal pivotal growth for Ripple in derivatives and DeFi markets.
Regulation
Paul Atkins takes over as SEC chair today aiming to usher in new pro-crypto era
Paul Atkins' leadership is viewed as an inflection point, potentially reviving stalled crypto ETF applications and policy changes.
AI
El Salvador sets ambitious AI goals with national lab launch amid NVIDIA deal
El Salvador's AI lab with NVIDIA aims to transform healthcare, education, and economy through sovereign technological advancements.
Privacy
Telegram vows to exit markets over encryption backdoor demands
Telegram's founder stresses the importance of encryption as a fundamental right over potential market access.
Exchanges
WazirX exchange sets sights on mid-May comeback amid legal deliberations
WazirX's restructuring gained over 93% creditor support and looks to revive the platform through a DEX launch.
Adoption
Bitcoin rallies past $87k as Metaplanet and Strategy purchase 6,856 BTC worth almost $600M
Economic uncertainties propel giants like Metaplanet and Strategy to amass Bitcoin.