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TRON Foundation, Justin Sun Ask U.S. Court to Dismiss SEC Lawsuit

The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over the foreign defendants.

https://www.coindesk.com/policy/2024/04/02/tron-foundation-justin-sun-ask-us-court-to-dismiss-sec-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Exchange Deribit's Dubai-Based Unit Wins Conditional VASP License

Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange's new CEO Luuk Strikers told...

https://www.coindesk.com/business/2024/04/02/crypto-exchange-deribits-dubai-based-entity-wins-conditional-vasp-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Market Setup Looks Positive for Second Quarter: Coinbase

The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said.

https://www.coindesk.com/markets/2024/04/02/crypto-market-setup-looks-positive-for-second-quarter-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Bulls See $400M Liquidations as Solana, Dogecoin Lead Slide in Majors

The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4.5%.

https://www.coindesk.com/markets/2024/04/02/crypto-bulls-see-400m-liquidations-as-solana-dogecoin-lead-slide-in-majors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Singapore Enacts Licencing Requirements for Crypto Custody Services and Others

Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.

https://www.coindesk.com/policy/2024/04/02/singapore-enacts-licencing-requirements-for-crypto-custody-services-and-others/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High

The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.

https://www.coindesk.com/markets/2024/04/02/bitcoin-drops-over-5-as-upbeat-us-factory-data-powers-dollar-index-to-nearly-5-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried Now Feels Remorse for His Actions After Getting a 25-Year Prison Sentence

FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week.

https://www.coindesk.com/policy/2024/04/02/sam-bankman-fried-now-feels-remorse-for-his-actions-after-getting-a-25-year-prison-sentence/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s Future as Currency

Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile.

https://www.coindesk.com/consensus-magazine/2024/04/01/bitcoins-future-as-currency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

12 Future Bitcoin Scenarios: From Bullish to Bearish

Predictions from Anthony Pompliano, Des Dickerson, Cory Klippsten, Isaiah Jackson, David Johnston, Wendy O, Cas Piancey, and others.

https://www.coindesk.com/consensus-magazine/2024/04/01/12-future-bitcoin-scenarios-from-bullish-to-bearish/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether Added Nearly 8.9K Bitcoin to Holdings in First Quarter: On-Chain Data

The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.

https://www.coindesk.com/markets/2024/04/01/tether-added-nearly-89k-bitcoin-to-holdings-in-first-quarter-on-chain-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Who Will Trump Pick for Veep? Polymarket Gives Tim Scott Best Odds: Prediction Markets

Plus: Free money? "Democrat wins New York" contract trades at 90 cents on the dollar.

https://www.coindesk.com/markets/2024/04/01/who-will-trump-pick-for-veep-polymarket-gives-tim-scott-best-odds-prediction-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%

Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.

https://www.coindesk.com/markets/2024/04/01/trading-volume-on-south-korean-crypto-exchange-upbit-crashes-75/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg

The exchange's owner signaled its intention to sell shares to the public in a 2023 letter that didn't give a timeframe.

https://www.coindesk.com/business/2024/04/01/thai-crypto-exchange-bitkub-plans-2025-ipo-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes

Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.

https://www.coindesk.com/tech/2024/04/01/meme-coins-on-degen-chain-flourish-as-new-layer-3-racks-up-millions-in-volumes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Becomes More Volatile Than Ether as Halving Approaches

Bitcoin's annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether's 30-day realized volatility by nearly 10 percentage points.

https://www.coindesk.com/markets/2024/04/01/bitcoin-becomes-more-volatile-than-ether-as-halving-approaches/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn't entitled to membership in the Federal Reserve or to a Fed master account.

https://www.coindesk.com/policy/2024/03/29/custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Executives File Suit Against Nigeria: Local Media

The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights.

https://www.coindesk.com/policy/2024/03/29/binance-executives-file-suit-against-nigeria-local-media/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Foundation Says It Can Filter Through the Offensive Meme Coin Problem

Panelists at a BUIDL Asia summit said racist meme coins can be handled with a light touch.

https://www.coindesk.com/tech/2024/03/29/solana-foundation-says-it-can-filter-through-the-offensive-meme-coin-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines