The SEC has reportedly delayed the Franklin Ethereum spot ETF, while Standard Chartered doubts a May approval.
However, the bank remains optimistic, expecting BTC to reach $150k and ETH to hit $8k by year-end, suggesting negative news is already priced in.
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The Blockchain Association and Crypto Freedom Alliance have reportedly sued the SEC to invalidate a rule they argue was imposed without proper consideration for its impact on digital assets.
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Bitcoin's carbon emissions decreased by 3m tonnes (MtCO2e) from April 19 to 22, dropping from 90.62 to 87.20 MtCO2e after the halving.
⚫️Yearly increase in emissions: 41.48%
⚫️Six-month increase in emissions: 28.75%
⚫️Three-month increase in emissions: 21.65%
⚫️One-month increase in emissions: 1.03%
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PayPal and EnergyWeb are incentivizing Bitcoin miners to use renewable energy by offering Bitcoin rewards for adopting green practices, aiming to reduce the environmental impact of mining.
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Transactions on the TON network have reportedly increased by over 100% since mid-March, nearing the daily transaction volume of the BNB chain.
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Presidential candidate Robert F. Kennedy Jr. has pledged to put the "entire US budget on blockchain" if elected.
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The SEC is reportedly seeking a $5.3bn judgment against Terraform Labs and Do Kwon for fraud, proposing $520m in penalties and restrictions to prevent future violations.
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Two SEC lawyers reportedly resigned after a federal judge accused them of misstatements in a case against Debt Box's crypto platform, criticizing the agency for gross abuse of power.
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X has reportedly secured a money transmitter license for payment services in 25 US states.
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Pavel Durov remarked on China removing apps like Telegram from Apple's App Store, stating it hasn't impacted Telegram's downloads in China.
He suggested the action targets Apple, pushing users to Android phones like Xiaomi that allow sideloading apps.
Durov criticizes Apple's strict policies, predicting a decline in its market share in China due to prioritizing profits over user freedom.
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The latest Digital Asset Fund Flows Weekly Report reveals significant movements in digital asset investments and regional sentiments:
⚫️Digital asset investment products experienced $206m in outflows for the second consecutive week
⚫️US ETFs faced the most significant outflows at $244m, while Canada and Switzerland recorded inflows of $30m and $8m, respectively
⚫️Bitcoin outflows totaled $192m, and Ethereum outflows were $34m, marking its sixth consecutive week of losses
⚫️Blockchain equities extended their outflow streak to 11 weeks, totaling $9m, influenced by concerns over the impact of halving on mining companies
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According to multiple posts on Reddit, MtGox's website now shows details on the expected withdrawals of BTC, BCH, and yen, with the platform set to distribute 142k BTC, 143k BCH, and 69bn yen ($446mn) to creditors by October 31, 2024.
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💌💌💌💌💌
✔️ This week's crypto market highlights:
⚫ Trust Wallet alerts iOS users
⚫ Pavel Durov’s interview takeaways
⚫ South Korea, Singapore, Japan may introduce BTC ETFs
⚫ Tether supports USDT on TON
⚫ Telegram to enable in-app purchases of physical goods soon
⚫ Apple removes major messaging apps from Chinese store
⚫ 4th Bitcoin Halving occured on April 20
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Google search queries for "Bitcoin halving" have reached an all-time high, surpassing the previous peak set during the last halving in May 2020.
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💡💡💡
The fourth Bitcoin Halving occured on April 20, 2024 at 4:09 AM GMT+4. The Bitcoin block reward has been reduced from 6.25 BTC to 3.125 BTC.
🎉Happy Halving!
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Tether is reportedly committed to blocking payments to entities sanctioned by the Office of Foreign Assets Control, ensuring timely action on affected addresses.
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Crypto.соm has reportedly postponed its launch in South Korea to address local regulatory concerns about its anti-money laundering measures, following a review of its documentation.
No new launch date has been announced.
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Binance's share of Bitcoin trading outside the US has reportedly declined from 81.3% to 55.3% over the past year due to increased competition and stricter global regulations.
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The Philippines SEC has requested Google and Apple to remove Binance apps from their stores and warned against using Binance, considering blocking its online presence since November 2023.
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According to the FT, the NYSE is considering 24/7 trading, surveying interest in weekend trading to adapt to the continuous trading model popularized by platforms like Robinhood.
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Venezuela's oil and natural gas company PDVSA has reportedly adopted USDT for transactions amid US sanctions and requires new customers to use cryptocurrencies.
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The Ontario Superior Court of Justice has sued Binance for selling unregistered crypto derivatives to retail investors, violating securities laws.
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The United Arab Emirates reportedly leads the Middle East in cryptocurrency adoption, with 72% of its local users investing in Bitcoin.
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Russia and China have nearly ceased using the US Dollar in their bilateral trade, according to statements from the Russian Foreign Minister.
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FTX will auction its next batch of locked Solana tokens due to high demand, announced by Figure CEO Mike Cagney.
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MEXC stated they are merely investors in ZKasino and are not responsible for its actions, identifying themselves as victims.
ZKasino recently secured $350m in Series A funding with MEXC among the investors.
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SBF has reportedly agreed to a $1.3m settlement to assist in pursuing celebrities who promoted FTX, following his 25-year fraud sentence. He will disclose his assets and his ties to the Anthropic AI startup.
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The SEC is asserting jurisdiction over Tron founder Justin Sun for spending 380 days in the US promoting tokens TRX and BTT, alleging unregistered securities sales.
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ZKasino, a crypto betting platform, is facing allegations of fraud after users were blocked from withdrawing funds and its official Telegram was shut down.
The platform's deposits total 10,500 ETH, worth $32m, amid accusations from ZigZag of fraudulent activities.
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