El Salvador Says It Will Buy Bitcoin After IMF Deal
According to Bloomberg, El Salvador’s Economy Minister Maria Luisa Hayem said the country will continue to accumulate Bitcoin despite the loan agreement with the IMF. Speaking at the Web Summit, Hayem emphasized that President Bukele remains committed to this decision. According to official sources, El Salvador purchased an additional 8 Bitcoin over the past 7 days, bringing its total reserves to 6,162.18 BTC.
Number of Independent Addresses in the Ethereum L2 Ecosystem Reaches 13.6 Million
According to Cointelegraph data, the number of independent addresses on the Ethereum Layer 2 network increased by 74% in just 7 days, reaching 13.6 million. The weekly transaction volume exceeded 832,000, while Layer 2’s dominance over Ethereum rose to 6.69 times.
US Senate to Vote on GENIUS Act Related to Stablecoins in May
The GENIUS Act aims to balance innovation with consumer protection by introducing reserve requirements and regulatory rules for stablecoins. According to Cointelegraph, the bill will be put to a vote in the Senate in May and will be an important step for the stablecoin market.
UK Treasury Plans to Partner with the US to Promote Innovation in the Crypto Industry
According to The Block, the UK Treasury plans to collaborate with the US to develop new regulations for crypto assets. The “Change Plan” announced by Finance Minister Rachel Reeves includes regulations aimed at increasing investor confidence in assets like Bitcoin and Ethereum.
Eric Trump: Blockchain Technology Will Transform the Banking Sector
Speaking at a crypto event in Dubai, Eric Trump criticized the traditional financial system. Trump said that SWIFT is inefficient and that blockchain can solve these problems and that the current system could collapse within a decade.
ESMA Publishes Final Guidelines to Prevent the Misuse of the Crypto Market
The European Securities and Markets Authority (ESMA) announced new guidelines focused on preventing insider trading and market manipulation. The guidelines are part of the MiCA regulations and also cover the monitoring of misinformation on social media and digital platforms.
Trump’s Media Company Plans Utility Token for Truth Social
Trump Media & Technology Group is considering developing a token that Truth digital wallet users can use to pay subscription fees. The token could also be used for other services within the Truth Social ecosystem.
Trump Organization to Accept Crypto Payments for New Dubai Property Project
Eric Trump announced that cryptocurrency payments will be accepted for a new $1 billion project in Dubai. The project, which includes a hotel, residential units, and clubs, is being developed in partnership with Dar Global and is expected to be completed within five years.
Tether Mints 2 Billion USDT on the Ethereum Network
According to Whale Alert, Tether minted a total of 2 billion USDT in two transactions early this morning. CEO Paolo Ardoino stated that this transaction is an inventory refresh for future issuance requests.
Nasdaq has filed with the SEC to list a Dogecoin ETF managed by 21Shares. The ETF will only be available for cash subscription and redemption and will be custodied by Coinbase Custody.
Bitcoin Spot ETFs Record Net Inflows for the 8th Consecutive Day
According to SoSoValue data, Bitcoin spot ETFs saw a total of $173 million in net inflows on April 29. The highest daily net inflow was recorded by Blackrock’s IBIT ETF, amounting to $217 million.
Ethereum Spot ETFs Record Net Inflows for the 4th Consecutive Day
Ethereum spot ETFs saw a total of $18.4 million in net inflows on April 29. Fidelity’s FFETH ETF led the way with a daily inflow of $25.5 million.
by Darkex Research – 2 min read
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