Hodler’s Digest, April 6 – 12 – Cointelegraph Magazine

The best stories of the week

Shaquille O’Neal obtains the judge’s green light for $ 11 million Astrals NFT Settlement

The former NBA star, Shaquille O’Neal, obtained approval from the final court to set up a collective appeal for $ 11 million with non -fascinating tokens (NFT) Astrals.

Florida Federal Court judge Federico Moreno, granted the approval of the regulation between O’Neal and the class group led by Daniel Harper in an order of April 1 made available on April 8.

The agreement created a fund of up to $ 11 million for members of the eligible price and granted $ 2.9 million in costs and lawyers. All those who bought astrals NFTS from May 2022 to January 15 and those who bought the GLXY tokens natives of the project until mid-January are eligible.

“The fees requested by the main class lawyers have been examined and approved as fair and reasonable by the complainants,” said Moreno’s order.

The New York bill proposes to legalize Bitcoin, crypto for state payments

New York legislator has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling a growing political dynamic for the integration of digital assets in public services.

The bill assembled A7788, presented by the deputy Clyde Vanel, seeks to modify the financial law of the State to allow the agencies of the State of New York to accept cryptocurrencies as a method of payment.

It would allow state agencies to accept payments in Bitcoin, Ether, Litecoin and Bitcoin Cash, according to the text of the bill.

Synthetix USD Stablecoin loses a dollar PEG, falls at 5 years by $ 0.83

The native stable of the synthetix protocol, Synthetix USD (SUSD), fell to its lowest value in five years, extending a fight of several months to maintain its ankle by $ 1.

The asset has faced persistent instability since the start of 2025 on January 1, Susd fell to $ 0.96 and bounced only $ 0.99 in early February. Prices continued to fluctuate until February before stabilizing in March.

On April 10, SUSD fell at a lower over five years of $ 0.83, according to Coingecko data.

SUSD is a crypto-collateralized stablecoin. Users locate SNX tokens with Susd mint, which makes its stability very dependent on the market value of SNX.

Dry, ripple file joint request to take a break calls in the XRP case

The American Securities Society and Exchange Commission and Blockchain Payments Ripple has agreed to suspend their calls in the legal battle of XRP in progress, indicating a potential movement towards a final regulations.

The dry and undulation agreed to put their calls in “suspension”, which means that the procedure is now interrupted pending a planned regulations of the XRP case.

“A suspension would retain legal resources and parties while the parties would continue to continue a negotiated resolution of this case,” the parties said in a judicial file on April 10 jointly.

The CEO of Ripple, Brad Garlinghouse, had previously announced the end of the XRP case on March 19, and the new file indicates that the SEC is ready to settle once appointed and confirmed that President Paul Atkins took office, according to community speculation.

Crypto shares see big gains alongside the American stock market rebound

Crypto’s shares increased as part of a broader resumption on the US stock market on April 9 after the 90 -day break from President Donald Trump on world scanning prices.

On Wednesday, April 9, the negotiation day closed with Michael Saylor’s strategy up 24.76% at $ 296.86, while Crypto Exchange Coinbase (Coin) closed $ 177.09, according to Google Finance Data.

Cryptographic mining companies have also seen gains, with Mara Holdings (Mara) up 17%, Cipher Mining (CIFR) up 16.59%and Riot Platforms (Riot) increasing by 12.77%.

Winners and losers

At the end of the week, Bitcoin (BTC)) is $ 83,430, Ether (Ethn)) has $ 1,566 And Xrp has $ 2.02. Total market capitalization is at $ 2.63 Billion Billions, according to CoinmarketCap.

Among the 100 largest cryptocurrencies, the three main winners of the week are onyxcoin (XCN) at 129.71%, Fartcoin (Fartcoin) at 77.87% and hyperliquidal (THRESHING) at 30.17%.

The three main Altcoin losers of the week are EOS (EOS) At 20.78%, Tezos (XTZ) at 17.25% and near the protocol (CLOSE) at 15.91%. For more information on cryptography prices, be sure to read Cointelegraph market analysis.

Most memorable quotes

“If we do not make Bitcoin more useful, we risk making it out of words.”

Eli Ben-SassonStarkware co-founder and CEO

“Perpetual exchanges play a key role in the price discovery for newly launched altcoins and are a strong sign of feeling of the market because they are often the first derivative product to be launched.”

Stephan LutzBitmex CEO

“No one of the Melania team has addressed this. Not the movements. Not the sale.”

BubblemapsBlockchain analysis company

“So there is a real perspective that Bitcoin competes with gold and then begins to take some of the cases of use of gold, as like geopolitical hedge, take part of this money in Bitcoin.”

Adam backCEO of Blockstream

“In the end, almost all other tariff negotiations and rhetoric consist in bringing China to conclude an agreement.”

Raoul Palfounder of Global Macro Investor

“I actually think that the real question is, when does the Haussier market come?” If you ask me, it will be the third quarter of this year. ”

Eric TurnerMessari CEO

Superior prediction of the week

Bitcoin $ 100,000 targets “ Back on the table ” after the feeling of the overeating market on Trump pricing supervision

Bitcoin organized a bright rebound after US President Donald Trump announced a break on rates for non -repairing countries, rekindling the bullish momentum and increasing hopes for a potential increase towards the $ 100,000 mark.

On April 9, BTC / USD jumped approximately 9%, reversing most of the losses it suffered earlier in the week, to retest $ 83,000. In doing so, the pair got closer to the validation of a corner model that has been formed on its daily table since December 2024.

From April 9, the price of Bitcoin was confined in the range of down corners while looking at an escape above its trend line greater than about $ 83,000. If confirmed, the main objective of increase in BTC by June could be around $ 100,000.

Top Fud of the week

Feds, sec Office Application manufacturers with fraud, saying that the “IA” service was Filipino workers

The American authorities billed fraud to a technological application, alleging that its application for electronic commerce powered by the announced artificial intelligence was in fact based on human workers in the Philippines.

Albert Saniger de Barcelona, ​​Spain, founder and former CEO of the NATE company, was accused of a chief of fraud in securities and fraud by wire, said the Ministry of Justice in a statement of April 9, while the Securities and Exchange Commission has filed a parallel civil action.

The court documents said that Saniger had founded Nate around 2018 and launched an application of the same name in July 2020, marketing it as a universal purchase basket propelled by the AI ​​which offered users the possibility of carrying out online retail transactions, in particular the filling of shipping details and dimensioning, without human contribution.

Democrats have DOJ’s “serious error” in the dissolution of the cryptographic crime unit

American Cryptic-Critical Senator Elizabeth Warren led six Senate Democrats by urging the Ministry of Justice to overthrow her decision to put an end to her division of surveys and crypto prosecution.

In a letter of April 10 to the deputy prosecutor general Todd Blanche, the senators declared that the decision to dissolve the national team of application of the cryptocurrency of the department was a “serious error” which would support “the escape of sanctions, drug trafficking, scams and sexual exploitation of children”.

Senators Richard Durbin, Mazie Hirono, Sheldon Whitehouse, Christopher Coons and Richard Blumenthal signed the letter in addition to Warren.

The Jack Dorsey block sentenced to a fine of $ 40 million for alleged compliance with cryptography, AML failures

The Block digital payments company, Inc. has reached a regulation of $ 40 million with New York regulators concerning the so-called compliance faults linked to its cash platform, Bloomberg reported on April 10.

Block was fined by the New York Department of Financial Services following an investigation into laundering fighting operations and compliance with Cash App Crypto-money, said Bloomberg after examining the government agency’s consent.

The NYDFS determined that Block would have violated consumer protection laws and would not have shown reasonable diligence on its customers. The company would have been too slow to report suspicious transactions to regulators and failed to adequately project the bizarre “high -risk” transactions.

Top Magazine Histories of the week

Same degeneracy finances revolutionary anti-aging research

Crypto projects like Pump.Science and Vitadao use cryptographic speculation to seek longevity and anti-aging treatments.

Illegal arcade disguised as… a false bitcoin mine? Soldiers scams in China: Asia Express

False scam of door crypto to the door of the Chinese soldier, a Bitcoin extraction company serves a legitimate front for illicit operations, and more!

System of prediction of the murder of the orwellian IA of the United Kingdom, will AI take your work? Eye a

Prices on China to launch robot factories based in the United States, scary robot dogs receiving pretty dragon talents, is your work at risk for AI?