Market Trends
- #Bitcoin Price : Bitcoin holds around $94,000 despite market volatility, with some analysts predicting it could reach $100,000 or even $1 million.
- *Global Crypto Market*: The global cryptocurrency market capitalization decreased by 0.6% to $3.11 trillion, with a daily trading volume of $111 billion.
- *Top 10 Coins*: All top 10 coins are in the green, with Solana (SOL) increasing by 3.4% to $151.58 and Dogecoin (DOGE) appreciating 12.6% ¹.
Regulatory Updates
- *Slovenia's Crypto Tax*: Slovenia proposes a 25% tax on profits from crypto asset disposals and related derivatives, potentially marking one of the most comprehensive digital-asset tax frameworks in the European Union.
- *UK's FCA*: The UK's Financial Conduct Authority seeks public input on staking, lending, and DeFi in a new discussion paper ² ¹.
Adoption and Partnerships
- *BNY's Blockchain Expansion*: The Bank of New York (BNY) expands its digital asset platform with the launch of an on-chain offering.
- *Circle's CPN*: Circle announces the Circle Payments Network (CPN) to transform global money movement, slated for a limited release in May 2025.
- *Kraken's NinjaTrader Acquisition*: Kraken finalizes the acquisition of NinjaTrader, with Q1 revenue jumping 19% to $472 million ² ³.
Other News
- #XRP ETF : Standard Chartered predicts XRP ETF inflows could reach $8.3 billion, despite potential limitations compared to Bitcoin ETFs.
- *Immutable (IMX)*: Immutable surges 15% with bullish sentiment supported by a rising long/short ratio above 1.
- *Blockaid and Ledger*: Blockaid integrates with Ledger's new Transaction Check feature to enhance on-chain security ⁴ ¹.