BTC is currently trading around $98,000 and ETH around $2,750. Notable gainers in the last 24 hours are TRUMP, XRP, and JUP. The global crypto market cap is $3.39T, up 2.8% over the last day. DeFi Total Value Locked is ~$111b and BTC dominance is around 61%.
Notable news includes: the SEC’s crypto task force met with various firms to discuss key crypto-related items including staking in ETFs; the SEC acknowledged Grayscale’s filings for XRP and Dogecoin ETFs; a US judge granted the requested 60-day pause in the legal dispute between the SEC and Binance; Michigan proposed a state-level strategic Bitcoin reserve; the state of Wisconsin reported owning over $320m of BTC; Abu Dhabi’s sovereign wealth fund reported owning over $435m in Bitcoin; Dubai’s regulator cautioned investors about memecoins; Hong Kong’s SFC held its first virtual asset consultative panel meeting; Citigroup is exploring adding crypto custody services; GameStop revealed plans to potentially invest in Bitcoin; Yuga Labs sold its Meebits intellectual property; stablecoin issuer Tether invested in Italian football club Juventus FC; Ethereum’s Pectra upgrade went live on the Ephemery testnet; Ethereum devs set an April 10 deadline to finalize the Fusaka upgrade; Vitalik advocated for a 10x increase in Ethereum’s block gas limit; TRUMP was listed on Upbit; memecoin launchpad pump.fun launched a mobile app; and, decentralized computing marketplace Akash revealed plans to scale its GPU supply.
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Author:
Brian Rudick, Head of Research | Twitter, Telegram, LinkedIn
Carlos Guzman, Research Analyst | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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