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Terra’s Do Kwon Will Be Extradited to the U.S.
A court in Montenegro has approved the extradition of embattled cryptocurrency entrepreneur Do Kwon to the United States rather than his native South Korea. According to a recent report by local news outlet Pobjeda, American prosecutors have charged Kwon with financial crimes related to the collapse of his Terra ecosystem. The Podgorica High Court favored......
Michael Saylor Says ‘Bitcoin Is The Exit Strategy’
MicroStrategy founder Michael Saylor declared that he intends to just "keep buying the top forever" when it comes to Bitcoin in an interview Tuesday with Bloomberg TV. The enterprise software firm's outspoken leader argued that BTC itself represents the ultimate portfolio escape hatch. Saylor said he'll never stop buying BTC. Believes capital can keep flowing......
🥛 A record week for crypto 👀
Today’s edition is brought to you by Sui – a Layer 1 blockchain that secured 64% of all assets transferred from Ethereum through Wormhole over the past month.Get 20% off a standard pass to Sui Basecamp with the code “sui-milkroad-20”.GM. This is Milk Road. We pack crypto insights like a suitcase for a weekend getaway......
Ethereum Dormant Whale Awakens After 8.6 Years Post $3,000 ETH Surge
The price of Ethereum (ETH) crossed the key $3,000 threshold on Tuesday for the first time since April 2022. ETH now sits up over almost 12% across the past week and 26% in the last fourteen days. Ethereum rose 1.3% over the past 24 hours to over $3K, up 71% year-to-year. Outpaced Bitcoin's daily gain......
Crypto Funds Witness $2,450,000,000 Inflows; U.S Leads Charge
Crypto investment products experienced a record $2.45 billion of inflows last week. This has pushed year-to-date inflows above $5.2 billion, according to the latest industry report by CoinShares. The notable inflow came almost exclusively from U.S. investors piling into spot crypto ETFs amid swelling enthusiasm. The United States delivered 99% of total weekly inflows at......
🥛 Crypto’s earnings are in… 👀
Today’s edition is brought to you by CoinTracker – a crypto tax solution that simplifies filing with thousands of seamless integrations and auto-import to TurboTax.Generate accurate reports and file in minutes today!GM. This is Milk Road, the crypto newsletter that makes your inbox Snap, Crackle, and Pop.Here’s what we got for you today:Crypto’s earning reports......
Revolut Building Dedicated Crypto Exchange for Advanced Traders
Digital banking app Revolut is developing a standalone crypto exchange targeting sophisticated traders, according to an email seen by CoinDesk. The new exchange platform will provide advanced analytics, reduced trading fees, and custom order capabilities beyond Revolut's existing crypto services. Exchange touts 0-0.9% fees, limit order trading in customer invite Follows Revolut suspension of UK......
Jupiter Blocks XRP ETP Amid Regulatory Confusion: FT
Jupiter Asset Management's compliance division recently blocked one of its funds from retaining exposure to an XRP exchange-traded product (ETP). The compliance team highlighted inconsistent EU regulation, according to a report by FT. The incident demonstrates how divergent national rules create confusion for managers exploring crypto participation. Jupiter was blocked from holding XRP ETP in......
🥛 Can’t stop, won’t stop 🤑
Today’s edition is brought to you by Sui – a Layer 1 blockchain that has recently climbed into the top 10 chains by TVL, and is hosting its inaugural global conference on April 10-11 in Paris.Join Sui Basecamp and get 20% off a standard pass with the code “sui-milkroad-20”.GM. This is Milk Road, the newsletter......
U.S. Authorities Can Control Tether (USDT): JPMorgan
Financial services giant JPMorgan released a report asserting that U.S. authorities retain power to indirectly influence major stablecoin Tether despite its overseas base. The bank's analysts argue Tether remains vulnerable given its heavy reliance on the American market. Treasury sanctions forced Tether on the wallet blacklist. Stablecoin transparency is still lacking, per JPMorgan. Tether's dominance......
