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Boomers to pour $300B into crypto markets — Morgan Creek Capital

Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized, as boomers will continue to gain more exposure to digital assets.

Consensys files lawsuit against SEC and commissioners over Ether regulation

The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and halt innovation in the United States.

Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'

The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.

‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager

“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000–$200,000 Bitcoin price by the end of 2024.

Visa provides stablecoin analytics dashboard with ‘noise’ filtered out

The financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processing.

Meta to let Xbox, Lenovo, Asus build new Quest metaverse hardware

Each company has its own special plans for the Quest mixed-reality device.

SEC reviews new rules for Bitcoin options trading

The Securities and Exchange Commission is evaluating whether exchanges’ current surveillance and enforcement mechanisms can handle Bitcoin exchange-traded products (ETPs).

House committee ranking member says a stablecoin bill could be coming soon

House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate.

a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US

“The SEC argues that nearly every token should be registered under U.S. securities laws,” commented a16z Crypto’s general counsel, Miles Jennings.

Ethereum L2 Movement Labs raises $38M for Move-EVM adoption

Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes

Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.

Here’s the 6 biggest crypto VC deals in Q1 2024 and late 2023

The volume of crypto VC funding in Q1 2024 surged for the first time since the start of the crypto winter in 2022.

Decentralized AI is key to more unbiased AI algorithms — Masa co-founder

Google’s Gemini AI has faced recent outrage after generating historically inaccurate imagery and biased results. Decentralized AI development could be the key to creating more transparent and unbiased results.

Avail integrates leading layer-2 networks to create more cost-efficient chains

Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape

DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’

Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected.

Turkey tops the world in stablecoin buying share vs. GDP

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

Memecoins are like a ‘risky casino’ — Andreessen Horowitz exec

The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

How blockchain-based voting can restore trust in the electoral process

Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.

US SEC expected to deny spot Ether ETFs in May

Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, with Ether ETFs trading in Hong Kong from April 30.

BNB Chain will enable native liquid staking on BSC

The BNB Chain core development team said the move aims to streamline the network and improve efficiency.

Nigeria puts faith in new crypto-friendly regulator

Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development.

Tokenization’s next phase requires real-world data integration — Chainlink

Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance.

Bitcoin short liquidation risk surges as BTC price dips under $64K

Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000.

EU enacts crypto regulations to combat money laundering

The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.

2 on-chain metrics suggest Bitcoin at its ‘best moment to buy’

One crypto analyst says Bitcoin has just undergone one of the “healthiest market resets” he has seen in a long time.

‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M

The original scrawled sign was auctioned off by “Bitcoin Sign Guy” Christian Langalis for 16 BTC after apparently sitting in his sock drawer for years.

Runes make up 68% of all Bitcoin transactions since launch

Runes continue to make up the vast majority of Bitcoin transactions; however, the fees earned by Bitcoin miners from Runes have slightly tailed off since the record-setting halving day.

Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’

President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock's Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

Crypto market stumbles amid arrest of Samourai Wallet founders

The crypto market saw extra turbulence after Samourai Wallet’s CEO and chief technology officer faced legal action from the U.S. DOJ.

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