Crypto casino Stake has become the seventh-largest gambling group in the world by revenue, generating nearly $2.6 billion in gross gaming revenue in 2022, up from $1.2 billion in 2021, according to data from Regulus Partners.

Bitcoin has recovered above the $28,000 level, showing resilience despite regulatory action against crypto exchange Binance. XRP tokens have jumped for a second straight day, gaining 11% in the past 24 hours, buoyed by speculation that they may be classified as commodities rather than securities, which could help Ripple win its case against the SEC. Other tokens have also rallied, including Ether, which rose 4% after Ethereum developers confirmed the Shapella upgrade for April 14, and Cardano's ADA, which jumped 8%. However, on-chain analysis suggests that XRP prices may dip in the coming days, as transactions "in profit" have reached a 19-month high, suggesting traders may lock in recent gains.

Cryptocurrency users will benefit greatly from the widespread availability of these machines in the long run, but it’s crucial to acquire all the information prior to actually activating a Bitcoin ATM in your area.

In recent weeks, in light of the SVB collapse, Bitcoin had uncorrelated itself from the traditional markets. Bitcoin was up 24%, other assets remained relatively flat, and gold was also a winner. But in recent days, the correlation to assets has spiked back up to almost February levels. Bitcoin has a negative relationship with the dollar, which would be bearish if the dollar was to start going higher in the face of a liquidity or credit crisis as investors rush to dollars. 

Bitcoin is currently experiencing seven consecutive days of outflows from exchanges, according to Glassnode data. This is the longest streak of outflows since December of last year. Before this recent streak of outflows, there was a week or so of inflows to exchanges around the collapse of SVB that triggered the initial panic of the current banking crisis. Investors still remain cautious amid market uncertainty as these are not significant withdrawal amounts. Illiquid supply has also increased by 44,000 Bitcoin in the past two weeks, suggesting that self-custody continues to grow.

There has been a significant increase in the number of Bitcoin miners transferring their coins to exchanges in recent weeks, which could be a sign of selling pressure in the market. The article notes that miners have historically been a major source of selling pressure in the Bitcoin market, as they often need to sell their coins to cover their operational costs.

The price of Bitcoin has held its ground in the wake of a case filed by the US Commodity Futures Trading Commission (CFTC) against Binance, one of the world's largest cryptocurrency exchanges. The lawsuit alleges that Binance engaged in illegal trades on its platform and seeks damages and other relief.

In a surprising turn of events, some of China’s largest banks have come out to support Hong Kong’s cryptocurrency industry.

Irish farmers are turning cow dung into Bitcoin through a unique process called "cow mining." The process involves using the methane produced by cow manure to generate electricity, which is then used to power Bitcoin mining rigs.