Coinbase rolls out Lightning Network support in collaboration with Lightspark — link | tl;dr

“Sell in May, and stay away” pattern may re-emerge — link

CZ sentencing hearing — x thread

Roger Ver arrested in Spain and charged with mail fraud, $48 million tax evasion, and filing false tax returns, wanted for extradition to the United States — doj | theblock | tl;dr

CZ sentenced to 4 months in prison — link

Tether releases Q1 2024 attestation, reports record net profit of over $4.52 billion — link

Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies — link

Jack Dorsey's Block faces scrutiny from federal authorities over non-compliant crypto services — link | tl;dr

U.S. spot Bitcoin ETFs recorded $563.7m outflows on Wednesday, largest daily net outflows ever — link | tl;dr

BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs — link | tl;dr

Hong Kong Bitcoin & Ether ETFs saw $292m in assets on Day One — EricBalchunas

The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K — link

Coinbase Q1 revenue $1.64b (estimated $1.32b) — link | tl;dr

Jack Dorsey’s Block says it will buy Bitcoin every month with 10% of its Bitcoin-related gross profit until the end of 2024 — link | tl;dr

U.S. Bitcoin ETF saw $36.7m net outflows. Only $GBTC was negative today — link

In Q1 2024, venture capitalists invested $2.49bn (+29% QoQ) into crypto and blockchain-focused companies across 603 deals (+68% QoQ).

This was the first rise in both capital invested and deal count in 3 quarters, perhaps signaling that Q4 2023 was the “bottom,” However, sustained and larger increases are needed to confirm this trend — link

Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion — link

US spot Bitcoin ETFs saw a +$378.5m net inflows today — link