The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.
cointelegraph.com
2 on-chain metrics suggest Bitcoin at its ‘best moment to buy’ [cointelegraph]
One crypto analyst says Bitcoin has just undergone one of the “healthiest market resets” he has seen in a long time.
‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M [cointelegraph]
The original scrawled sign was auctioned off by “Bitcoin Sign Guy” Christian Langalis for 16 BTC after apparently sitting in his sock drawer for years.
Runes make up 68% of all Bitcoin transactions since launch [cointelegraph]
Runes continue to make up the vast majority of Bitcoin transactions; however, the fees earned by Bitcoin miners from Runes have slightly tailed off since the record-setting halving day.
Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’ [cointelegraph]
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.
BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time [cointelegraph]
BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.
Crypto market stumbles amid arrest of Samourai Wallet founders [cointelegraph]
The crypto market saw extra turbulence after Samourai Wallet’s CEO and chief technology officer faced legal action from the U.S. DOJ.
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32% [cointelegraph]
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera.
Banks could flood into stablecoins if new bill passes: S&P Global [cointelegraph]
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.
39% of Canada’s institutional investors have exposure to crypto: KPMG [cointelegraph]
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.