Bitcoin Bears Target $50K as Final Flush Looms
Bitcoin’s drop to $50,000 is viewed as the “last significant accumulation zone” prior to a potential recovery, according to LVRG Research director Nick Ruck. #Update #Crypto $BTC
Ripple CEO Celebrates CLARITY Act Milestone
Ripple CEO @bgarlinghouse expressed optimism that the CLARITY Act could pass soon, signaling progress in bank-crypto negotiations over stablecoin yields. He expects resolution by May-end. #Update #Crypto $XRP
Dogecoin Surges 3% Toward 10 Cents
$DOGE climbs 3% to $0.0936 amid renewed institutional interest, supported by strong volume; resistance at $0.094 remains unbroken. Immediate support at $0.0925 critical for maintaining upward momentum. #Update #Crypto $DOGE
SEC Launches Pro-DeFi Crypto Policies
The SEC exempts certain DeFi interfaces from broker-dealer registration, advancing its crypto agenda despite Congress’s inaction. Industry leaders celebrate this regulatory shift as a win for decentralized finance. #Update #DeFi
Ethereum Holdings Surge to 4 Percent Milestone
Bitmine Immersion Technologies buys 71,524 $ETH, reaching 4% of total supply, with holdings now at $11.8B. Ethereum retests support zone amid geopolitical tensions. #Update #Crypto $ETH
USDC Freeze Policy Defended Amid Criticism
@Circle CEO Jeremy Allaire defends USDC freeze policy, emphasizing legal basis over public pressure amid criticism post-Drift Protocol exploit. $USDC #Update #Crypto
CFTC Chair Giancarlo Launches Crypto Advisory Firm
Chris Giancarlo, former CFTC chairman who approved the first Bitcoin futures ETF, transitions to advising fintech and digital asset founders. #Update #Crypto
Crypto Tax Bill Revamped by U.S. Lawmakers
Congressmen Steven Horsford and Max Miller re-introduced the PARITY Act to update U.S. crypto tax policy, potentially including de minimis exemptions for small transactions. #Update #Crypto $BTC
Starknet Cuts Jobs Amid Revenue Pivot
StarkWare reduces headcount to focus on revenue, consolidating Starknet team into two units; $STRK trades at $0.03, down 75% in a year. #Update #Crypto $STRK
Bitcoin Surges Beyond $74K Milestone
Bitcoin price surges nearly 5%, breaking the $74,000 barrier and consolidating above key levels. Potential gains could target $75,000 and beyond. #Update #Crypto $BTC
Bitcoin: Korea Launches Crypto Circuit Breakers
South Korea’s Bank of Korea urges crypto exchanges to adopt circuit breakers after Bithumb’s bitcoin distribution error exposed control weaknesses. #Update #Crypto $BTC
Tokenization Boosts Unified EU Capital Market
Tokenization via DLT could unify Europe’s digital capital markets, says ECB, highlighting liquidity and regulatory challenges. Read more: [link] #Update #Finance
StarkWare Splits into Two Divisions
@StarkWare announces a strategic reorganization, reducing staff and forming two divisions focused on product development and Starknet to enhance revenue generation and streamline decision-making. #Update #Crypto $STRK
Ethereum Price Aims for $3000 Rally
Large Ether investors are regaining profitability, boosting prospects for a rally towards $3,000, though resistance at $2,800 may hinder progress. #Update #Crypto $ETH