Some trending crypto news stories:
Recent Developments
- *Bitcoin Price*: Bitcoin's rally is expected to extend to $90,000, but traders are uncertain about prices. Its price has been fluctuating, with buyers dominating on Binance.
- *Ethereum Price*: Ethereum's market dominance decreased to 7.18%, with a bear flag pointing to a deeper ETH price correction toward $1,100.
- *OKX Re-launch*: OKX has re-entered the US market following a $505 million DOJ settlement, with a phased rollout of a new crypto exchange and new US CEO.
Market Trends
- *Trade Wars*: Trade wars are driving stock volatility and investor flight to havens, with crypto seeing a boost as an alternative asset, but not without risks.
- *Crypto Adoption*: Amazon's AWS powers leading crypto exchanges with high-throughput cloud infrastructure, indicating growing adoption.
- *Bitcoin ETFs*: Bitcoin ETF inflows made headlines with an $872 million net outflow from April 3 to April 10, affecting market sentiment.
Regulatory News
- *El Salvador's Bitcoin Law*: El Salvador's Bitcoin Law requires an AML program, showcasing the country's efforts to regulate crypto.
- *Google's Crypto Ads Policy*: Google will debut a new crypto ads policy on April 23, affecting exchanges and wallets under MiCA or CASP.
Other Notable News
- *Mantra CEO's Token Burn*: Mantra CEO John Mullin plans to burn 300 million locked-up OM tokens to win back community trust after OM's collapse.
- *CleanSpark's Bitcoin Sale*: CleanSpark plans to sell mined Bitcoin each month and secured a $200 million credit line from Coinbase Prime.
- *SOL ETFs Launch*: SOL ETFs launched in Canada on April 16, expanding crypto investment options ¹ ² ³.
