Crypto
Analysis
Bitcoin maintains gains despite bloodbath across crypto, equities after Minneapolis Fed comments
Total liquidations stood at $199.2 million over the past 24 hours, with longs accounting for more than half at $109.4 million.
AI
Google eyes ‘premium’ AI features to revamp business model
Google is exploring the possibility of incorporating AI-enhanced search capabilities into its existing suite of premium subscription services.
ETF
SEC opens request for comments on 3 spot Ethereum ETFs
The comment periods apply to filings from Grayscale, Fidelity, and Bitwise.
Regulation
Lithuania to establish strict licensing regime for crypto firms by 2025
The move aims to establish robust oversight for the industry as digital assets are increasingly integrated with the financial system.
ETF
Grayscale falls behind in ETF outflows first time since launch as ARKB loses $87.5 million
GBTC recorded the lowest outflows since March 12 at $82 million.
AI
US, UK enter agreement to develop AI safety standards
The countries plan to carry out at least one joint test on an AI model.
Mining
Hut8 Mining CEO says Bitcoin’s coming halving will be on a ‘different scale’
Genoot said that large scale miners must become "low-cost operators" to ensure they can survive the turbulent market conditions post-halving.
ETF
Burkett Financial Services buys Bitcoin via ETFs
The company holds IBIT and BITO shares and if one of the first major financial planning firms to disclose Bitcoin investments.
Regulation
Coinbase CFO believes Ethereum is unlikely to be classified as a security
The Coinbase CFO said that the classification issue stems from a lack of regulatory clarity around crypto in the US.
Legal
Court rules Custodia Bank not entitled to Federal Reserve master account
A summary judgment favored the Fed's Board of Governors and Kansas City bank.
Regulation
CFTC’s Caroline Pham says KuCoin charges may infringe on SEC authority
Pham distinguished ownership of fund shares and derivatives trading.
Payments
Court rules in favor of Apple in class action over crypto payment policies
Plaintiffs in the class action can file an amendment within 21 days.
