First Mover Asia: Bitcoin Regains $27K, but Investors Search for a Catalyst

ALSO: The CEO of Stablecorp says that bitcoin’s recent dip is part of its growing pains. He says that the scalability of the bitcoin network and liquidity present challenges.Source

Binance.US Explores Ways to Decrease CZ’s Dominant Share: The Information

Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information.Source

Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes

Developers resolved the finalization issues and are investigating what caused the outage.Source

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.Source

Elon Musk’s Twitter, Crypto’s Town Square, Has Found a New CEO

Musk says he’ll shift to being chief technology officer.Source

McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?

The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if they’re ignored any longer.Source

Decentralized Exchange Uniswap Trading Volume Outpaces Coinbase for 4th Consecutive Month

Uniswap, the decentralized exchange, outpaced centralized exchange Coinbase in April.Source

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals

The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privilegesSource

Franklin Templeton to List Blockchain Fund Targeting Institutional Investors

The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000.Source

Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity

Tokens issued on Bitcoin ran to a cumulative market capitalization of as much as $1.5 billion earlier this week before sharply correcting.Source