•Blockchain for Transparency:
- U.S. presidential candidate Robert F. Kennedy Jr. suggests putting the U.S. budget on the blockchain for increased transparency 💡
- Americans could track funds and expose corruption, like a $16,000 toilet seat purchase 🚽
•Bitcoin's Bull Run in Doubt:
- Standard Chartered predicts $150,000 by year's end, but analysts are skeptical 🤔
- Bitcoin's halving may not spark a lasting bull run over the next 12-18 months 📉
- Miners are losing money, and transaction fees are declining 💸
•Ethereum ETF Approval Unlikely:
- SEC delays decision on spot Ethereum ETFs, extending review period to June 11 📆
- Industry heavyweights like BlackRock and Grayscale face bleak prospects for approval 🤕
- Analysts estimate only a 35% chance of spot Ether ETF approval 🤔
•Wallet Woes:
- Samourai Wallet founders arrested for laundering over $100 million 🚔
- Wasabi Wallet blocks U.S. citizens, Phoenix Wallet ceases operations for U.S. residents 🚫
•Legal Battles:
- Custodia Bank appeals lower court decision denying entry into U.S. banking system 🏢
- Pro-crypto lawyer John Deaton supports Coinbase's motion for interlocutory appeal 🤝
- SEC sues Bitcoin mining company Geosyn for unregistered securities offering 🚨
- MetaMask developer Consensys sues SEC over Ethereum oversight 🤖
• Market Insights:
- Spot Bitcoin ETF sector experiences capital outflow of $217 million on April 25 📉
- BNY Mellon exposed to BTC ETFs, highlighting institutional interest in cryptocurrencies 🏦
- Ethereum co-creator Vitalik Buterin highlights drawbacks of proof of work design 🤔
- Blockchain developer Movement Labs raises $38 million in venture capital 💰
$ETH $BTC
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