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 The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end.
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 Lamborghini Bros No More: Crypto Is Creating a New Wealth Effect.
Research shows crypto boosted home prices in some markets.
Dollar of unrealized crypto gains led to nine-cent expenditure.
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 Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker.
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 Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds.
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 Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern.
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 Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that they are “real money that goes up in value, especially in a market crash.”
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 Sui Network addresses claims about its token supply. Sui maintains that its tokenomics are sound and that it uses reputable third parties to handle token storage.
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 The man sometimes called "Bitcoin Jesus" did not pay capital gains on hundreds of millions of dollars he raised in selling bitcoin in 2017, the DOJ alleged.
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 Tether said it aims to boost USDT and XAUT tokens on TON for peer-to-peer payments targeting Telegram's 900 million user base.
The TON network was launched by Telegram, but separated after regulatory concerns.
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 USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks.
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 Bitcoin shakes off bear attack as 6 altcoins begin bull run.

Alex Krüger says he is 'long' on Bitcoin and believes in new all-time highs despite the risk of further declines.
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 Victim loses over $71 million worth of WBTC in purported 'address poisoning' attack.
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 Legally connecting physical assets with digital tokens can enhance global trade efficiency and asset liquidity by streamlining transactions and broadening access to asset markets.
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 In a speech delivered on Friday, the CFTC Commissioner Johnson outlined her concerns about AI and how that applies to DeFi.
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 Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC.
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 JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets.
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 Cross-chain interoperability protocol LayerZero completes first airdrop snapshot. LayerZero's ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world's largest perps DEX, suggesting a potential fully diluted $17 billion valuation.
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 Web3 publishing app Mirror is being acquired by Paragraph, a competing platform. Mirror's team will continue to operate independently and will shift its focus to developing "Kiosk," a Web3 social app based on Farcaster that blends blockchain and e-commerce.
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 NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines.
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 Jack Dorsey's Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups.
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 Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges.
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 Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work 'Like Dog Sh*t'.
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 DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer.
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 Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression.
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 Deutsche Bundesbank President on Digital Euro: 'The Eurosystem Has No Interest in Monitoring People’s Payment Patterns'.
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 The crypto community reiterated that bank failures are the "best possible narrative for crypto"?

Republic First Bank closed by US regulators — crypto community reacts.
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 New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today.
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 Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns.
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 DePIN for the Win: Spreading the Benefits of the Gig Economy.
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 The U.S. Department of Justice pushed back against Tornado Cash developer Roman Storm's motion to dismiss a criminal indictment against him.
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 A16z Exec Blasts Meme Coins: They Make Crypto Look 'Like a Risky Casino'.
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 The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns.
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 DePIN project Natix raises funds ahead of token launch and airdrop on Solana.
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 Cathie Wood’s Fintech ETF Bleeds Assets After 93% Return Last Year.
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 Stablecoin Bill Spells ‘Huge Disaster’ for Consumers, American’s Allen Says.
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 BRICS Mulls Stablecoins, CBDCs for Intermember Economic Integration and International Settlements.
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 According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%.
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 Blockchain gaming tokenomics may have got a bad wrap last cycle, but GameFi execs say it’s not going away anytime soon as it’s one of the key ways to build a player base.
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 Cryptocurrency Might Be the Last Hope for a Crumbling Democratic System.Democracy Fails Without Cryptocurrency.

What do you think of the crypto spirit?
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 Venezuela's state-run oil company started experimenting with Tether in 2023.

Venezuela is using USDT to bypass sanctions, Reuters reported.

This is the country's second experiment with crypto as a means to bypass sanctions. 
 Avraham 'Avi' Eisenberg convicted for $110 million Mango Markets exploit.
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 Ragnarök, a game with a record 21 thousand simultaneous online players in Brazil, will be launched on the Axie Infinity blockchain.

Ronin, an EVM-based layer 2 blockchain, announced a partnership with Ragnarok: Monster World, an immersive strategy game that combines elements of tower defense and monster collecting, bringing the beloved universe of Ragnarok Online to blockchain gaming.
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 Three-Quarters of Defi Yield Market in Very Low-Risk Contracts.
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 Token holders approve $7.5 billion AI merger

The Artificial Superintelligence Alliance's new ASI token will begin trading next month and will be valued at $7.5 billion at launch.

Token holders of SingularityNet, Fetch.ai, and Ocean protocols have approved a $7.5 billion merger that would create a combined project called the Artificial Superintelligence Alliance (ASI).
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=717/https://s3.cointelegraph.com/uploads/2024-04/094b4057-4363-4f2c-97ca-4fb019063050.jpg 
 Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields.

Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.

Flows into the U.S.-listed spot BTC ETFs have dried.

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 TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits.
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 Mysten Labs to Pioneer the Web3 Gaming Handheld Market With Suiplay0x1.
During its Sui Basecamp, a gathering of the SUI community in Paris, the company announced that it is working on the development of Suiplay0x1, a Web3 handheld gaming console that will feature various app stores on the same device.
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 Coinecko points out the 5 cryptocurrencies that rose the most in the last 30 days, one of which rose 128,832%.

The leader of the ranking is IdeiaChain (ICH), which registered an incredible increase of 128,832%.

In second place we have Pups (Ordinals), with an impressive increase of 2278.7%.

In third place is Jeo Boden (BODEN), with an increase of 1985%.

Next, Degen (BASE) saw a 1769% increase.

Finally, Decimal DEL recorded an increase of 1571%.

While Bitcoin has been trading sideways looking to once again break its pre-halving all-time high, some altcoins are recording astronomical gains in a short period of time.
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 Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence.
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 Cathie Wood Muscles Into ChatGPT Boom With New OpenAI Stake.
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 Half of Solana Pre-Sales Are Scams, Blockaid Says.

Pre-sales on Solana have become increasingly common following the rapid gains of meme coins like book of meme (BOME).

Scammers are targeting users with social-engineering techniques on social media platforms.
https://miro.medium.com/v2/resize:fit:828/format:webp/0*PxkVUUUF4f7eIh4P.jpg 
 Aave Decentralized Autonomous Organization (AaveDAO) continued to debate limits on Dai collateral (DAI) on April 5, while risk management consultants Chaos Labs offered a new proposal to reduce loan-to-value (LTV) ratios ) of Dai by 12%. Previously, Aave Chan initiative founder Marc Zeller had argued for a 75% reduction.
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 The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise.
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 The Blockchain Association, Coin Center and DeFi Education Fund supported a motion for the US government to dismiss the charges against Storm Romana.
 
 According to investigations, the pyramid created by the Belgian harmed thousands of investors in several European countries.
 
 Restaking has grown into the second-largest DeFi sector on the Ethereum blockchain and is likely to become a core part of the network’s infrastructure, the report said.
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 The ISM report “feeds into the narrative coming out of last week,” whereby the economy’s resilience enables the Fed “to be patient,” said Gregory Faranello, head of US rates trading and strategy for AmeriVet Securities. For the bond market, that means rates stay “higher for longer.” 
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 Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce.
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 Investment Efficiency: Comparing the ROI Efficiency of Bitcoin (BTC), Ethereum (ETH) and Furrever Token (FURR)
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 CoinDesk caught up with Schneider to talk about how blockchain can help expand democratic control online, where DAOs are falling short and what he means by the “implicit feudalism” of today’s internet. 
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 Shiba Inu (SHIB) and Dogwifhat (WIF) on the radar, but a new meme coin steals the show. Shiba Inu team member Lucie predicts that this meme coin will reach a new ATH shortly before or after the Bitcoin halving event.
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 Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit.
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