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Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary
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Ohio’s midterm election in November will feature a Democrat and Donald Trump-backed Republican who are both friendly to the crypto industry.

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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
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The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow.

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Bitcoin funds saw largest single week of outflows since June 2021
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“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares ...

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South Korea’s new president delays crypto taxes in favor of consumer protections
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The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer ...

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WSJ says ‘the NFT market is collapsing’ but the data says otherwise
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An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a ...

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Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’
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Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable.

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Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC
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The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a Tuesday podcast.

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MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
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As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion.

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Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it
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The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency.

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Markets are weak, but ALGO, FXS and HNT book a 20%+ rally — Here’s why
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Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments.

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