Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation

Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation

Crypto legislation worries, Gold starts rallying again, CFTC to trial tokenisation – FOMO HOUR EP351

BTC: 93.7k (-1%), ETH: 1765 (-3%), SOL: 142 (-3%). Top Gainers: XDC, XMR, DEXE, TAO, NEXO. BTC ETFs: +$426mn, ETH ETFs: $0mn. Crypto dips on worries about US legislation passing. Florida’s BTC reserve bills postponed. Semler Scientific buys $16m BTC. Riot Platforms sold $39m BTC in April. BTC coinbase premium dropping again. DeFi Development buys $72m SOL. SOL April revenue is more than all L1, L2 chains. SUI stablecoin supply $900m, sets new ATH. SEC delays Canary LTC ETF. CFTC to observe pilot tokenisation programs. Trump set for 2 crypto focused dinners in May. ETH Pectra upgrade live tomorrow. TVL of tokenised RWAs surpasses $22bn. FTX estate sold $500m Cursor stake for $200k. CZ wants BTC, BNB in Kyrgyzstan’s reserves. CZ does 1hr long interview on crypto outlook.

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