U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.Source

Bitcoin Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments

Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie’s analysts said.Source

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.Source

Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market

Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain.Source

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.Source

Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation

The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.Source

Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation

The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.Source

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.Source

3% Tax on Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

Kenya’s Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.Source