Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary The world’s largest crypto regained the $69,000 level at one point in the session before slipping a bit.

Crypto Has ‘Too Many Tokens’ and Mergers Are Coming TK

What Does Ripple’s Stablecoin Mean for XRP? XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?

Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said.

Coinbase Says Canadian License Makes It Country’s Biggest Registered Crypto Exchange Coinbase’s expansion into Canada has cleared the hurdle of a “restricted dealer” registration, the company said on Thursday, making it the biggest registered crypto exchange in that jurisdiction.

Near Record High Funding Rate Suggests Bitcoin Pullback Not Over Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.

DAOs Beware: Neo-Imperialism Is on the Rise in Crypto-Land Wyoming’s new legal entities for decentralized unincorporated nonprofit associations sets up legal entities that cheapens the idea of creating protocols that work independent of nation states, Martin Schmidt writes.

Coinbase to Benefit From Long-Term Adoption of Blockchain Technology: Oppenheimer

Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton

Crypto for Advisors: Governance in a Blockchain World Scott Sunshine discusses how advisors can leverage blockchain-based governance to enhance trust, improve accountability, streamline operations and unlock new investment opportunities for their clients.

Binance Stops Support for Bitcoin NFTs Citing ‘Streamlining’ of Offered Products Cryptocurrency exchange Binance will cease support for bitcoin-based non-fungible tokens (NFTs) as it undergoes a process to “streamline” its product offerings.

Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.

First Mover Americas: Galaxy Digital to Raise $100M for New Fund The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.”

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.

Credbull’s First Crypto Fund Chases High Fixed Yields Crypto’s high yield structured product sector is getting a bit more mature.

Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.

Crypto Market Maker GSR Recieves Singapore Crypto License The license is the first awarded by Singapore to a crypto market maker.

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.