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Jack Dorsey’s Block says it will buy Bitcoin every month with 10% of its Bitcoin-related gross profit until the end of 2024 — link | tl;dr

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The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K — link

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BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs — link | tl;dr

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Jack Dorsey's Block faces scrutiny from federal authorities over non-compliant crypto services — link | tl;dr

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Tether releases Q1 2024 attestation, reports record net profit of over $4.52 billion — link

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CZ sentenced to 4 months in prison — link

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🖤CZ sentencing hearing — x thread

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Coinbase rolls out Lightning Network support in collaboration with Lightspark — link | tl;dr

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Since the beginning of March, there has been a sharp rise in ETH staking outflows (dark blue) — link

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Samourai Wallet co-founder Keonne Rodriguez pleads not guilty, released on $1M bond — link | tl;dr

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ZachXBT claims North Korea's Lazarus Group laundered $200 million from crypto to fiat — link | tl;dr

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Digital asset investment products saw outflows for the third consecutive week totalling $435m, marking the largest outflows since March this year — link

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SEC charges Texas mining firm and co-founders for $5.6 million fraud scheme — link | tl;dr

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Pantera capital seeks to raise $1 billion for a new crypto fund

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U.S. Bitcoin ETF saw $36.7m net outflows. Only $GBTC was negative today — link

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Coinbase Q1 revenue $1.64b (estimated $1.32b) — link | tl;dr

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Hong Kong Bitcoin & Ether ETFs saw $292m in assets on Day One — EricBalchunas

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Spot BTC aggregate flows: -559.5m: BBG

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Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies — link

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The top 10 Solana memecoins grew by +801.5% or $8.32 billion in 2024 Q1. They ended the quarter with a total market cap of $9.36 billion — link

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Roger Ver arrested in Spain and charged with mail fraud, $48 million tax evasion, and filing false tax returns, wanted for extradition to the United States — doj

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“Sell in May, and stay away” pattern may re-emerge — link

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Hong Kong Bitcoin and Ether ETFs have soft debut, the total trading volume hit $11 million — link

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Interactive Brokers introduces Hong Kong Spot Bitcoin and Ether ETPs, start trading — link

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The share of Bitcoin perpetual futures traded during APAC opening hours (1am-8am UTC time) has increased to 26%, up from 21% in the months preceding the CFTC’s lawsuit against Binance in early 2023.

The share of trading during US opening hours has decreased slightly from 48% to 46% — link

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Tether invests $200 million in biotech firm Blackrock Neurotech — link | tl;dr

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Australia’s largest stock exchange could list approved spot Bitcoin ETFs by end of 2024 — link | tl;dr

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While the U.S. consistently accounts for the lion’s share of stablecoin purchases, global demand is increasing, with a diverse representation of nations and regions contributing to over $40 billion in purchases in March 2024 alone — link

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FBI warns Americans against using unregistered crypto money transmitting services — link | tl;dr

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