✅ Bitcoin has fallen from $71k to $65k since the beginning of last week and has been gradually recovering its price since then, but has not been able to do so fully even with today's pump 🐮💦

During the week there was also a noticeable decoupling between the stock market and the crypto market after statements about rate hikes from the Fed officials 📊

Weekly news digest:

💎 Crypto

🔸 Ripple will launch its dollar stablecoin

🔸 Grayscale fund sold all of its ADA and ATOM holdings after quarterly rebalancing

🔸 Twitter users are paying a man to buy goats and name them after crypto things 🐐

🔸 Galaxy Digital's venture will raise $100 million for crypto venture fund

🔸 Crypto-focused VC firm Paradigm is in talks with investors to raise between $750-$850 million

🔸 A memecoin called “OZMPC” rugged traders of $5 million

🏦 Crypto exchanges

🔸 KuCoin has published its latest asset holdings statement, the amount of BTC is down by 25.4% from last month

🔸 Binance has appointed its first inaugural board of directors

🔸 Binance announced strengthened KYC standards

🔸 Bitcoin mining generated the highest-ever monthly revenue in March (over $2 billion)

🔸 Goldman Sachs says its clients have not voiced interest in exposure to the crypto 🤨

🔸 Fed Chair Powell emphasizes that more evidence of weakening inflation is needed before cutting rates

🔸 Chinese government has launched a blockchain project titled "Ultra-Large Scale Blockchain Infrastructure Platform"

🔸 Do Kwon and Terraform Labs found liable for fraud in SEC trial

🔸 Argentine government passes registration requirements for crypto firms 🇦🇷

🔸 Tron requested that the US SEC lawsuit be dismissed

🔸 Google filed a lawsuit against two Chinese nationals accusing them of using its Google Play store to scam more than 100k users

🔸 Mark Zuckerberg became the third richest person in the world

🔸 MakerDAO co-founder warned that the EU MiCA regulations could lead to a disruption in the development of DeFi