2024-04-01

Author

Fernando Fierro
April 01, 2024

Howdy folks,

FTX is making headlines again, this time about its plan to start paying back customers by the end of 2024.

Nearly two years after its collapse, the FTX bankruptcy estate is navigating through legal hurdles to reimburse its claimants, though not everyone's thrilled with the payout structure, given the crypto price hikes since 2022. 🌈👀

In other news:

🚀 Base Network's on a tear with record DEX volumes and transactions, thanks to a surge in memecoin activity.

March saw the Coinbase-backed Layer-2 network hitting new highs daily, with trading volume crossing $7.5 billion. It's like memecoins are throwing a never-ending party on Base, potentially pushing the network to become the next big thing in crypto.

💰 Tether's shopping spree continues, with the stablecoin giant purchasing 8,888 Bitcoin, pushing its total reserves to a staggering 75,000 BTC.

This latest acquisition cements Tether as the seventh-largest BTC holder globally, reflecting growing institutional interest in Bitcoin ahead of the anticipated halving event.

Tether is bullish on BTC, and their massive $627 million buy is proof positive.

🤔 The crypto community is debating over how to handle memecoins with offensive content.

At the recent BUIDL Asia Summit, the discussion heated around whether DeFi platforms should block such tokens.

While some advocate for user autonomy and free speech, others are pushing for content moderation to prevent hate speech from tarnishing the crypto space's reputation.

DailyCoin Daily Meme

Bitcoin Whale Awakens After 12 Years and Moves Entire BTC Stash: Is a Sell-off Looming?

Another Bitcoin whale has awakened after nearly 12 years. Is the Satoshi-era wallet preparing to sell before the scheduled halving?

MetaMask’s Parent Company Pushes SEC for Spot Ethereum ETF

ConsenSys pushes for Ethereum ETF approval, highlighting Proof-of-Stake security benefits. Should the SEC listen? Explore Ether ETF arguments on DailyCoin.

Bitcoin Dominates Headlines Amid Uncertain US Economy: How Could Fed Policy Changes Impact BTC’s Future?

Economic uncertainty boosts Bitcoin amid stock market highs and recovering PMI, fueling inflation fears. Explore Bitcoin's hedge potential at DailyCoin.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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