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Crypto Markets Outlook Amid Recent Banking Sector Turmoil
Banrion Capital Management chief investment strategist Victoria Bills discusses her outlook on the crypto markets following recent turmoil plaguing the banking sector. "If there is a perception of failure within the banking sector, we'll continue to probably see more turmoil in banking in these regional banks," Bills said.

New Report Sheds Light on Korean Crypto Market Trends
A new report from Matrixport reveals there is a dominance of altcoins in South Korea currently. Matrixport's Head of Research and Strategy Markus Thielen breaks down which of these tokens are translating into success outside of Korea, citing Ripple's XRP and Aptos Labs' APT token.

Poloniex Agrees to $7.6M Settlement With OFAC
Poloniex LLC, a U.S. entity previously affiliated with the Poloniex crypto exchange, will remit $7.59 million to settle sanctions violation allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC). STORM Partners Managing Partner Sheraz Ahmed reacts to this development, saying, "A lot of the exchanges are going to be looking back at what they are doing and this is an opportunity for them to come clean."

Is Bitcoin Thawing Out of a Crypto Winter?
Bitcoin (BTC) ended the month of April little-changed, gaining roughly 3% in the last 30 days, as investors weigh ongoing concerns about the U.S. banking sector. This comes as a recent CoinDesk opinion piece argues that the bitcoin bear market of 2022-2023 is likely over. Tastycrypto Head of Digital Assets Ryan Grace shares his insights toward current bitcoin sentiment.

Bitcoin Falls Toward $28K, Slipping for the Third Straight Day
Bitcoin (BTC) is down for a third straight day on Friday, falling roughly 9% in the last seven days. Crypto is Macro Now economist Noelle Acheson explains the drawback, saying, "everything seems to be in a wait and hold mood...[and] it's especially noticeable in the volatility of crypto assets." Acheson is also the former head of research at CoinDesk and Genesis Trading.

Rep. Davidson Addresses Mood Toward Crypto in Congress
U.S. Congressman Rep. Warren Davidson (R-Ohio), who is calling for a restructuring of the U.S. Securities and Exchange Commission (SEC) and the removal of Chairman Gary Gensler, discusses the view toward crypto regulation inside Congress. "The current consensus is ignorance is bliss," Davidson said.

EU Parliament Greenlights Crypto Licensing, Funds Transfer Rules
Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto Assets, popularly known as MiCA. John Ehlers, Chief Operating Officer of Bitstamp, which has operated in the E.U. for over a decade, reacts to this landmark vote and how it may impact crypto exchanges.

Blockdaemon CEO on Future of Crypto Custody
Blockdaemon is setting sights on large institutions with its new wallet app. CEO and founder Konstantin Richter discusses the regulatory implications of third-party custodians as well as his outlook for crypto custody following the collapse of FTX.

Bitcoin Falls Below $30K Amid Liquidations, Hot U.K. Inflation Report
Bitcoin slid more than 3% to below $30,000 on Wednesday morning. While the sell-off didn’t appear to stem from any immediate fundamental reason, Forex.com global head of research Matt Weller said an unexpectedly high U.K. March inflation figure of more than 10% may have influenced market sentiment.

Bittrex's Legal Battle With the SEC Could Last Several Years: Lawyer
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Jason Gottlieb, Morrison Cohen LLP partner and chair of the firm's digital assets department, explains the legal challenges facing the crypto exchange may face in the years ahead.
