Summary
gm, Charles Schwab's CEO announces plans to introduce spot Bitcoin trading by April 2026, indicating growing institutional interest in digital assets. Bitcoin showed resilience, rebounding 14.60% after a recent dip below $75,000, though concerns persist about its ability to break the $85,000 resistance level. Meanwhile, the Bitget exchange reported irregular trading activity in VOXEL-USDT futures, leading to account suspensions and a planned rollback, highlighting ongoing challenges in market integrity. Additionally, the crypto community celebrated "Dogeday" amid anticipation of upcoming Dogecoin ETF application deadlines, showcasing the enduring popularity of meme coins in the ecosystem.

News Headlines
💰 'Rich Dad, Poor Dad' Author Predicts $1 Million Bitcoin by 2035

  • Robert Kiyosaki forecasts Bitcoin reaching $1 million by 2035, citing the declining value of the US dollar due to inflationary monetary policies.
  • He also predicts gold reaching $30,000 and silver $3,000 per coin, advocating for investing in bearer assets as a hedge against potential economic downturns.

🏦 CoinFund President Criticizes BIS's Stance on Crypto

  • Christopher Perkins, president of CoinFund, criticized the Bank for International Settlements' recent report on cryptocurrencies and DeFi, describing their views as a mix of fear, arrogance, or ignorance.
  • Perkins argues that crypto is an evolution of the internet that democratizes access to financial services, challenging BIS's concerns about investor protection and stablecoins' potential impact on economies.

📊 Bitcoin Whales Accumulate Despite Price Slump in April

  • Over 60 new wallets holding more than 1,000 Bitcoin were created in April, bringing the total to a four-month high of 2,107 by April 15.
  • Whale holdings exceeded 300% of the annual issuance, indicating strong dip-buying tendencies among large holders and potentially signaling a shift in market momentum.

💻 Vitalik Buterin Proposes Replacing EVM with RISC-V

  • Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) contract language with the RISC-V instruction set architecture to enhance speed and efficiency.
  • Buterin believes this change could lead to significant efficiency gains, potentially up to 100 times, addressing Ethereum's ongoing challenges in improving throughput and competing with newer blockchains.

🔒 Bybit CEO: 68% of $1.4B Hack Funds Still Traceable

  • Bybit CEO Ben Zhou reported that 68.6% of the $1.4 billion stolen by the Lazarus Group in February remains traceable, while 27.6% has "gone dark" and 3.8% is frozen.
  • Bybit established a $140 million bounty program for information about the stolen assets, with $2.3 million already paid out to 12 bounty hunters.

Market Metrics

Fundraising & VC
No fundraising data today.

On-chain Data
1.Space ID (ID) token unlock in 1 day ($2.37M, 1.28%)
2. MANTRA DAO (OM) token unlock in 2 days ($8.71M, 1.73%)
3. Renzo (REZ) token unlock in 2 days ($9.02M, 30.05%)
4. Venom (venom) token unlock in 4 days ($8.95M, 3.1%)
5. AltLayer (ALT) token unlock in 5 days ($5.43M, 6.04%)

Regulatory
🏛️ SEC Shows Openness in Crypto Regulation Discussions

  • The SEC's recent roundtable discussions with diverse stakeholders suggest a more inclusive approach to crypto regulation.
  • This openness indicates that regulatory capture is not currently an issue in the crypto industry, fostering transparency and public discourse.

🏦 BIS Crypto Report Faces Industry Criticism

  • CoinFund's president Christopher Perkins criticized the BIS report on cryptocurrencies, calling its views a mix of fear, arrogance, or ignorance.
  • Perkins defended crypto and DeFi against BIS concerns, highlighting potential improvements over traditional finance.

🎮 SEC Concludes Investigation into CyberKongz NFT Project

  • The SEC has concluded its investigation into the NFT project CyberKongz, lifting uncertainty for the team.
  • This case reflects a trend of the SEC dropping investigations into NFT projects, suggesting a more crypto-friendly regulatory approach.

💹 Bitcoin Surges Amid Dollar Weakness and Fed Independence Concerns

  • Bitcoin reached $87,200 as the dollar index hit a three-year low due to concerns about the Federal Reserve's independence.
  • The weakening dollar is expected to boost risk-taking in financial markets, benefiting cryptocurrencies and gold.

Technical Analysis
Bitcoin - Bitcoin has broken through the ceiling of a falling trend channel in the short term. This indicates a slower falling rate initially, or the start of a more horizontal development. The currency is testing resistance at points 87300. This could give a negative reaction, but an upward breakthrough of points 87300 means a positive signal. The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well. The currency is overall assessed as technically negative for the short term.

Ethereum - Investors have accepted lower prices over time to get out of Ethereum and the currency is in a falling trend channel in the short term. This signals increasing pessimism among investors and indicates further decline for Ethereum. The currency has support at points 1420 and resistance at points 1860. The currency is assessed as technically negative for the short term.

Governance & Code
👻 Aave DAO | Aave <> Bored Ghosts Developing (Phase 5) (Preliminary Discussion)
- This proposal aims to continue the engagement with BGD Labs for an additional six months, until Oct. 1, 2025.

⚔️ Adventure Gold DAO | Treasury Swap Proposal with Gomble (AGIP 11)
- This proposal aims to approve the execution of a treasury swap between the AGLD DAO and Gomble, the "blockchain-native arm of 111%," a "casual mobile gaming" company.