- Bolivia has lifted the ban on Bitcoin and cryptocurrency payments.
- A former US Congressman described Bitcoin as "an independent and transparent currency that is not controlled by the government."
- BlackRock announced that investors are using Bitcoin to hedge against geopolitical uncertainties.
- Galaxy Digital projected that $7.5 billion will be invested in spot $ETH ETFs within the first five months.
- The $APT Foundation is collaborating with Alibaba Cloud to develop the Japanese Web3 ecosystem.
- The Chairman of the UK Innovation Cryptography Committee emphasized the need for swift regulation of encryption companies.
- It is predicted that the **transaction volume of the Ethereum L2 ecosystem** will surpass that of Solana by 100 times in five years.
- The International Monetary Fund advised the Fed to wait until at least the end of 2024 before reducing policy rates.
- The Wintermute founder mentioned that a $SOL ETF will be challenging to get approved this year.
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