JUST IN: Coinbase has announced it will open its Bitcoin Yield Fund to non-U.S. institutional clients on May 1, offering 4–8% net returns through low-leverage basis trades, monthly liquidity, and external custody.
JUST IN: Brazilian bank Itaú invests $210M in BTC, launching Oranje to accumulate Bitcoin as a strategic reserve and reshape corporate treasury strategies, per report.
🇦🇪 JUST IN: Abu Dhabi’s ADQ, IHC, and First Abu Dhabi Bank to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, to accelerate the nation’s digital asset strategy.
JUST IN: Monero (XMR) surged over 50% this week, spiking from $232 to $331, after on-chain investigator ZachXBT linked the rally to a suspicious transfer of 3,520 stolen Bitcoin (BTC) that was laundered into XMR through multiple instant exchanges.
OPINION: Michael Saylor, chairman of Strategy and prominent Bitcoin advocate, predicts that Bitcoin will become "unaffordable" for many once traditional banks and financial experts fully embrace the asset.
ANALYSIS: Digital asset investment products saw $3.4B in inflows last week, the third-highest on record, with BTC leading at $3.18B and ETH ending an eight-week outflow streak, according to report.
JUST IN: Coinbase to launch Bitcoin Yield Fund on May 1, offering 4-8% annualized returns to non-US institutional investors through a cash-and-carry trade strategy.
JUST IN: Ethereum researcher Dankrad Feist proposes a four-year plan to increase Ethereum’s gas limit by 100x which could theoretically increase the blockchain’s TPS to 2,000, per report.
JUST IN: Saylor's Strategy has acquires 15,355 BTC for $1.42B, bringing their total holdings to 553,555 BTC, worth $37.9B at an average price of $68,459.
⚡️ TODAY: WLFI founders met with Binance founder CZ in Abu Dhabi to discuss growing global adoption, setting new standards, and advancing crypto to the next level.
