OKX market data shows that BTC fell below 81,000 USDT and is now at 80,970.1 USDT, a 24-hour drop of 2.4%. (This newsletter is generated with the assistance of AI)

On Apr 06, 2025, 17:35 PM(UTC). According to Binance Market Data, BNB has dropped below 570 USDT and is now trading at 569.780029 USDT, with a narrowed 3.98% decrease in 24 hours.

On Apr 06, 2025, 17:28 PM(UTC). According to Binance Market Data, Ethereum has dropped below 1,700 USDT and is now trading at 1,699.73999 USDT, with a narrowed 4.87% decrease in 24 hours.

null source: https://x.com/rewkang/status/1908934790855966817

OKX market data shows that ETH fell below 1700 USDT and is now at 1698.77 USDT, a 24-hour drop of 4.94%. (This newsletter is generated by AI)

According to Cointelegraph, the Consumer Financial Protection Bureau (CFPB) is expected to see a reduced role in cryptocurrency regulations as other federal agencies, such as the Securities and Exchange Commission (SEC), and state-level regulators take on more significant responsibilities in shaping crypto policy. Ethan Ostroff, a partner at the Troutman Pepper Locke law firm, highlighted this shift, noting that the current administration is likely to witness a substantial pullback by the CFPB in favor of other regulatory bodies. Ostroff explained that state regulators, empowered by the Consumer Financial Protection Act (CFPA), could assume some of the CFPB's regulatory roles. However, he emphasized that certain regulatory functions would remain under the CFPB's jurisdiction due to established legal frameworks. He pointed to the New York Department of Financial Services (NYDFS) and the California Department of Financial Protection and Innovation (DFPI) as key state-level entities poised to lead in crypto regulation. Despite the anticipated reduction in the CFPB's role, Ostroff clarified that the agency would not be dismantled during U.S. President Donald Trump's administration. The CFPB's existence is safeguarded by statutory obligations and requirements that necessitate Congressional action for any significant changes. The Trump administration has targeted the CFPB as part of a broader initiative by the Department of Government Efficiency (DOGE) to cut government spending and reduce federal debt. Russell Vought, the newly appointed head of the CFPB, announced significant funding cuts and operational scale-backs shortly after taking office in February 2025. Massachusetts Senator Elizabeth Warren, a co-founder of the CFPB, criticized these moves, particularly targeting Elon Musk, whom she accused of dismantling the agency. Warren described Musk as a "bank robber" and argued that the Trump administration's actions aimed to undo consumer protection rules and exert greater control over the financial system. In a February 12 interview with Mother Jones, Warren stressed that the Executive Branch lacks the statutory authority to fully dismantle the CFPB, a process that requires Congressional approval. This ongoing debate highlights the complexities and challenges in balancing regulatory oversight and government efficiency in the evolving landscape of financial regulation.

Aptos' stablecoin market cap surpassed $1 billion in March, which is a 10x increase year-over-year and 3x growth since December. source: https://cryptopotato.com/aptos-tvl-doubles-year-over-year-despite-apt-token-price-drop/

Former BitMEX co-founder Arthur Hayes has outlined a scenario in which the Federal Reserve's monetary policy could drive Bitcoin price to $1 million. source: https://zycrypto.com/arthur-hayes-explains-how-the-fed-could-send-bitcoin-to-1-million/

The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exchange Commission (SEC) and state-level regulators assume a bigger role in crypto policy, according to Ethan Ostroff, partner at the Troutman Pepper Locke law firm. "I think with the current administration, my sense is, we are highly likely to see a significant pullback by the CFPB in the context of the activity by other regulators," Ostroff told Cointelegraph in an interview. State regulators also have the authority under the Consumer Financial Protection Act (CFPA) to assume some of the regulatory roles of the CFPB, the attorney said but also added that some regulatory functions will continue to fall within the purview of the CFPB as a matter of established law. Ostroff cited the New York Department of Financial Services (NYDFS) and the California Department of Financial Protection and Innovation (DFPI) as regulators to keep an eye on as potential leaders of crypto regulations at the state level source: https://cointelegraph.com/news/cfpb-step-back-crypto-regulation-attorney?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to PANews, Bitcoin's value has recently dropped below the $82,000 mark. As of the latest update, the cryptocurrency is priced at $81,999.10 per coin, reflecting a 0.66% decrease within the day.

A mischevious canine went viral online after it was revealed to be the culprit who has stolen his owner grandma's dentures.

USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.

Rescue teams at the frontlines of the Myanmar earthquake are reportedly deploying China's AI model, DeepSeek, to assist Chinese rescue teams to better communicate with the locals.

The European Union is preparing to fine Elon Musk's platform, X, over $1 billion for alleged violations of the Digital Services Act, including failure to manage disinformation. X is also facing an investigation into its handling of hate speech, with the potential for further penalties.

Unresolved lawsuits usually transfer to the acquiring company. If ByteDance sells TikTok's US operations, legal challenges could deter potential buyers from taking on its 170 million American users.

Just this week, Sentient unveiled Open Deep Search, a groundbreaking open-source AI search framework that has already proven itself as a formidable competitor to industry giants like OpenAI’s GPT-4o and Perplexity.

The Cardano Foundation has launched Veridian, an open-source digital identity platform that gives users control over their data without relying on third-party verification. The platform features a Veridian Wallet for secure credential management and integrates with the Cardano blockchain for added trust and security.

Crypto donations in 2025 are expected to hit $2.5 billion, fuelled by digital wealth and better regulations. Binance co-founder CZ’s 1,000 BNB donation to Myanmar and Thailand’s earthquake relief highlights crypto’s rising role in global aid.

AI image generators are causing concerns in the animation industry, with some fearing they could replace traditional animators, including at Studio Ghibli. Despite the rise of AI, Goro Miyazaki believes the emotional depth and authenticity of Ghibli’s hand-drawn style cannot be replicated by machines.

The U.S. government has just prohibited American diplomats and their family members from engaging in romantic or sexual relationships with Chinese citizens while stationed in China.