The data shows that on April 17, the amount of ETH staked (124,000) exceeded the withdrawal (64,800) for the first time. So far, 1.06 million ETHs have been withdrawn, 472,000 ETHs have been staked, and 926,000 ETHs to be withdrawn.

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Rates offering on savings accounts:

Wells Fargo 0.15%

Chase 0.01%

Bank of America 0.01%

Apple 4.15%

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What was that?

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Are you

👍 Buying/already Bought
🔥 Selling/already Sold
🤯 Denial/Neutral/Unsure

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The former head of the SEC John Reed Stark tweeted: „The SEC has now charged crypto asset trading platforms Beaxy and Bittrex for operating an unregistered national securities exchange, broker, and clearing agency. IMHO, Coinbase is next. Don’t shoot the messenger.“

https://twitter.com/johnreedstark/status/1647981886558306309

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Sec Chair Gary Gensler can't answer a simple question with clarity :- whether in his opinion as Chair of SEC is $ETH a security or a commodity?

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The Iowa Senate passed a child labor law before dawn today.

The bill lets 14-year-olds work 6-hour night shifts, 15-year-olds work on assembly lines, and 16- and 17-year-olds serve alcohol.

The Senate went through the night, and voted on child labor at 4:52 a.m.

Telegram | Twitter

Tesla will host its earnings call live on twitter tomorrow, Tesla earnings will come out at 4:05pm EST tomorrow.

Would like to know if they bought back the bitcoin they sold previously. FYI back in Feb 2021 tesla announced their Bitcoin purchase which caused a +25% surge in Bitcoin price.

Do you think they would have bought some? 👍/👎

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The United States House of Representatives Committee on Financial Services will hold a hearing on stablecoin regulation on April 19.

The hearing follows the announcement of a new draft bill in the House to provide a framework for stablecoins regulation.

Circle's executive director will be among the speakers.

https://cointelegraph.com/news/speakers-prepare-to-tell-us-house-financial-services-committee-about-stablecoins

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What's happening?

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An anonymous whale sent 300,000 ETH ($600 million) to Coinbase.

https://etherscan.io/tx/0x3d0037a50d089832b1f80d7dc43c1f043db37b4c065b5454a3ade45cf9e0c70f

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Taylor Swift pulled out of a $100 million sponsorship deal with Sam Bankman-Fried's FTX.

The lawyer suing other celebrities for promoting FTX says she was the only one to ask about unregistered securities.

Taylor Swift managed to avoid signing a $100 million sponsorship deal with FTX because she was reportedly the only celebrity to question the crypto exchange, according to the lawyer handling a class-action lawsuit against several FTX promoters.

https://www.businessinsider.in/cryptocurrency/news/taylor-swift-didnt-sign-100-million-ftx-sponsorship-because-she-was-the-only-one-to-ask-about-unregistered-securities-lawyer-says/articleshow/99615443.cms

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⚡ Kraken Approved as Virtual Asset Service Provider in Ireland.

@Crypto_News | link

Binance has activated the ETH 2.0 stacking withdrawal feature.

The exchange is the 4th largest in terms of ETH stacking among companies.

https://www.binance.com/en/support/announcement/updates-on-binance-eth-2-0-staking-withdrawals-a03bc67df117414cbfedf016f6611f9e

Tesla reveals none of their $321,000,000 Bitcoin was sold in Q1 2023.

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Microsoft announces they are dropping Twitter from its advertising platform due to its new API fees (starting @ $42,000 per month).

Telegram | Twitter

BTC Weekly close will be

👍 >$30k
👎 <$28k

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CZ on European Parliament voting for MiCA implementation:

The European Parliament voted for MiCA to be implemented.

This means one of the world’s largest markets is introducing tailored regulations for crypto to protect users and support innovation.

The fine details will matter, but overall we think this is a pragmatic solution to the challenges we collectively face. There are now clear rules of the game for crypto exchanges to operate in the EU. We’re ready to make adjustments to our business over the next 12-18 months to be in a position of full compliance.

https://twitter.com/cz_binance/status/1649018863298703361

https://www.coindesk.com/policy/2023/04/20/eu-parliament-approves-crypto-licensing-funds-transfer-rules/

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NFT trader count taking a nose dive lately.

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Tornado Cash developer Alexey Pertsev to be released pending trial, court rules.

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