Your Favorite Crypto Digest From TradeCrypto.com

April is getting warmer in crypto as BTC goes up again!

BTC is now trading above $40,000, ETH is trading around $3,000.

💪 Bitcoin dominance: 41.3%

📉 Total Cryptocurrency Market Cap: $1,864 tr

😲 Fear and greed index: 22 (Extreme fear)

🚀 Gainers(Top-100)

Ripple (XRP) +5.26%

Dogecoin (DOGE) +4.30%

Stellar (XLM) +2.82%

😭 Losers(Top-100)

THORChain (RUNE) -9.52%

Terra (LUNA) -7.65%

Audius (AUDIO) -7.51%

Circle Will Apply for U.S. Crypto Bank Charter in ‘Near Future’

The crypto payments startup Circle Internet Financial said it’s closer to submitting an application to operate as a bank🏦🏦🏦 in the U.S., pushing forward with a months-old plan even as regulators make it more difficult for crypto companies to secure this kind of license.

Dogecoin Aims for Offline Transactions via Starlink Technology

Two key staff members working for the Dogecoin Foundation penned an article recently about using RadioDoge technology combined with the Starlink satellite network to conduct DOGE 🐶🐶🐶transactions without using the Internet.

The team admitted there is still a long way to go, but the groundwork had been laid for future experiments. It included connecting RadioDoge to the Dogecoin testnet 🐾through Starlink’s technological support.

Decentralized Exchange (DEX) aggregator 1inch said is expanding to the Fantom Network.

The integration will allow traders to source best execution across Curve, Saddle, SushiSwap and other crypto trading venues in Fantom’s cheap, Ethereum-compatible ecosystem.

SEC Proposal to Redefine 'Exchange' Is 'Unconstitutional'

It's rulemaking season over at the U.S. Securities and Exchange Commission🏛️🏛️🏛️. This means lobbying groups and think tanks focused on cryptocurrency are on high alert.

Washington, D.C.-based advocacy group Coin Center is directing attention to the SEC's proposed redefinition of the term "exchange" within the Securities Exchange Act to "include systems that offer the use of non-firm trading interest and communications protocols to bring together buyers and sellers of securities."

SBF Explains How Twitter Could Be Decentralized and Monetized

Reacting to Tesla🚀 CEO Elon Musk’s $43 billion bid to buy Twitter🚀, FTX CEO Sam Bankman-Fried today hypothesized that decentralizing the social media platform could be good for its bottom line.

Bankman-Fried envisioned a few ways Twitter could be monetized by using Web3 technology, including adding display ads to the user interface and using the proceeds to pay network fees when tweets are sent, and therefore added to a blockchain.

Terraform Labs gifts another $880M to Luna Foundation Guard

Terra (LUNA) blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard 10 million LUNA worth around $820 million💰💰💰 at current prices.

The Luna Foundation Guard (LFG) is a nonprofit organization attached to Terra that is tasked with collateralizing the network’s algorithmic stablecoin Terra USD (UST) to keep it pegged with the U.S. dollar💵💵💵.

OlympusDAO Co-Founder Doxxed? Lawsuit Claims to Unmask 'Apollo'

A lawsuit filed Thursday in the U.S. District Court for Connecticut alleges that co-founders of the OlympusDAO decentralized finance (DeFi) project cheated🐱‍👤🐱‍👤🐱‍👤 an early funder out of nearly 4 million in OHM tokens, which are now worth at least $20 million.

In what may be an unprecedented case testing the limits of pseudonymity in decentralized autonomous organizations (DAOs), the lawsuit names a Connecticut resident as the supposed identity behind “Apollo,” one of Olympus’s pseudonymous co-founders👨‍⚖️.

That's all we've got!

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What is Crypto Ping Pong digest?

So all the TC lads here are working quite hard and from time to time we gotta chill.

That’s why we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

During the game, we have a rule not to discuss serious topics like analytics, predictions, etc.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.