On April 23rd, data, the Bitcoin dominance (BTC.D) briefly rose to 64.67% this morning, reaching a new high since February 2021, and is currently back at 64.30%. The high Bitcoin dominance indicates the quietness of the altcoin market, but it may also suggest that a bottom reversal is imminent. Based on historical data, when Bitcoin dominance surged above 60% in November last year, altcoins started a small bull market. In 2019 and 2021, Bitcoin dominance reached highs above 70%, followed by a broad and spectacular uptrend.

A pioneer in the early digital asset industry, Grayscale went on to become the face of a bold legal fight to expand access to Bitcoin through ETFs.

The exchange has wrapped up all prep work for the hearing, where the court will decide on approving WazirX’s restructuring and user compensation plan.

The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system.

The Commodity Futures Trading Commission has opened a public-comment period for around-the-clock derivatives activity, as seen in the digital assets space.

spot gold soared, breaking through the $3500 per ounce integer mark for the first time, rising 2.14% intraday, and rising more than $870 year-to-date. 

US District Judge Barbara Rothstein said she granted the motion because the two lawsuits were very similar and it would promote efficiency and avoid duplicative litigation.

Daily inflows into US-listed Bitcoin exchange-traded funds reached $381.3 million on April 21, their biggest single-day inflows since January.

The POTUS has reiterated his calls to lower interest rates as stock markets continue to tumble and the Dollar Index hits a three-year low.

Paul Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission.