US


Markets

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.

BTC's price chart (CoinDesk)

Policy

Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud

Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.

Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)

Markets

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

The crypto market faces the U.S. tax season liquidity test around the time the Bitcoin blockchain implements the fourth mining-reward halving on April 20.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March

Crypto-related companies looked set to start the week on a positive note.

Price rising charts markets indices (Unsplash)

Policy

Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps

The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."

Google logo on the front of a building

Finance

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.

Grayscale ad (Grayscale)

Policy

Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial

Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Markets

Bitcoin's Price Rally May Add to Inflation. Here's Why

The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.

(stevepb/Pixabay)

Policy

Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission

The money is set to cover the costs associated with having meetings including travel expenses.

Virginia, USA (Stephen Poore/Unsplash)

Policy

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect

Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)