Donald Haymatter

The latest survey from El Salvador reveals a downward shift in Bitcoin usage: only 12% of locals used it for transactions in 2023, a sharp drop from 24.4% in 2022. This decline prompts questions about Bitcoin's long-term viability and acceptance in everyday commerce.

This group cleverly lured people with promises of exotic tours to Thailand and Dubai, leveraging various websites and apps to execute their scams. They conducted fake cryptocurrency transactions, deceiving investors and amassing over $1.5 million.

Concurrently, the Pi cycle top indicator hints at a potential further correction of Bitcoin's value, suggesting a possible downturn towards the $37,000 mark.

John Deaton, sharing Grewal's view, drew connections between the Revak case and ongoing legal cases involving companies like LBRY, Ripple, and

The SEC's case centers on the claim that the duo deceitfully promoted HyperFund as a golden opportunity to profit from crypto asset

This postponement by the SEC was largely expected by industry experts. Bloomberg Intelligence ETF analyst James Seyffart shared his views on the delay, indicating that the more significant dates for the decision are expected to be in late May. This prediction by Seyffart points to late May as a critical period for definitive actions regarding the approval or rejection of the Fidelity Ethereum ETF.

In response to community concerns, Tether has made a significant move by accumulating enough excess reserves to completely cover all its secured loan exposures.

While acknowledging the encouraging growth of the stablecoin market's capitalization, the analysts pointed out that Tether's rising influence is fraught with risks.

Goran Rodic, the legal representative for both executives, commented on the situation, stating, “We are still waiting for the decision about Do Kwon, following our appeal.” Han Chang-joon's extradition follows his completion of a separate four-month prison sentence in Montenegro for the passport forgery charge. Terraform Labs, which sought Chapter 11 bankruptcy protection in the United States in January, remained unresponsive to requests for comment on these unfolding developments.

This broader opposition is evident in earlier efforts led by Senator Lummis to overturn the SEC's Staff Accounting Bulletin 121, a rule perceived to potentially restrict cryptocurrency custody practices. Additionally, Lummis has championed a bipartisan bill aimed at defining clear regulatory roles for cryptocurrency between the SEC and CFTC, although progress on the bill has been limited since its reintroduction in mid-2023.