ETH falls below the $3200 mark

Borderless CEO Kevin Lehtiniitty argues that Circle’s position as the second-largest stablecoin issuer is not secure, largely because the market is becoming saturated and commoditized. Circle filed an S-1 to go public on Tuesday, giving industry observers insight into the firm’s profitability. 

U.S. Securities and Exchange Commission acknowledged Fidelity’s application for a spot Solana ETF, an incremental step that edges the product closer to approval.Solana, the seventh-largest cryptocurrency by market cap, fell 15% amid a broad market decline amid fallout from President Donald Trump’s tariffs.  

JUST IN: 🇪🇺 European Union prepares to fine Elon Musk's X 1,000,000,000 for "disinformation."

According to BlockBeats, on April 4th, according to Finncefeeds, Kim Sung jin, head of the virtual assets department at the Financial Services Commission (FSC) in South Korea, expressed support for allowing foreign investors to enter the cryptocurrency market in South Korea, provided that local exchanges demonstrate strong anti money laundering compliance capabilities. Currently, due to capital controls and real name account requirements, non residents are almost unable to trade cryptocurrency assets in South Korea. But as the United States sends signals of more friendly encryption policies under the leadership of the Trump administration, South Korean regulators are starting to reassess existing restrictions. FSC still maintains a cautious attitude and believes that the Korean exchange still has shortcomings in international compliance, especially in the implementation of Travel Rules. Starting from 2022, this rule requires exchanges to collect and store information on trading parties exceeding 1 million Korean won (approximately $680), and some platforms have recently lowered the applicable threshold.

Using blockchain technology to support real-world infrastructure, DePIN creates tangible value and generates real revenue, says Fluence Network’s Tom Trowbridge.