Tom Lee still insists that Bitcoin will reach $150,000 to $200,000 by the end of January next year

On April 2, the U.S. Securities and Exchange Commission (SEC) approved NYSE Arca’s rule change application to list options for cryptocurrency commodity trusts holding multiple digital assets. Previously, the exchange only allowed options for single-cryptocurrency asset trusts; the new rule expands support to include multi-asset commodity trust options. Key listing requirements include: - Each digital asset held by the trust must individually meet a high liquidity threshold: an average daily market value of at least $700 million over the prior 12 months, plus derivative contracts for the asset must have a comprehensive surveillance-sharing agreement with the trading platform. - Trust shares must satisfy the platform’s initial and ongoing listing standards for ETF options and qualify as NMS stocks. Following SEC review, the rule change is expected to give investors expanded cryptocurrency investment opportunities and hedging tools—without requiring additional SEC approval fo

On April 2, stablecoin payment card infrastructure provider Kulipa closed a $6.2 million seed funding round, led by Flourish Ventures and 1kx, with White Star Capital and Fabric Ventures also participating.

On April 2nd, Bitget market data shows U.S. major indexes extended gains: - S&P 500 neared 6,600 points; - Dow rose ~1%; - Nasdaq climbed ~1.7%. U.S. crypto-related stocks were mixed: - MicroStrategy (MSTR): -0.79% - Coinbase (COIN): +0.62% - Circle (CRCL): -1.9% - BitMine Immersion (BMNR): +0.05% - SharpLink Gaming (SBET): +1.16%

April 1st — LookOnChain monitoring data shows that U.S.-listed Bitcoin treasury firm Empery Digital Inc. (EMPD) transferred its remaining 1,795 Bitcoins (valued at approximately $122.53 million) to Gemini one hour ago, potentially for sale. Previously, Empery Digital announced plans to sell all its Bitcoin holdings to fully repay its outstanding term loan. Since March 27, 2024, the company has sold 370 Bitcoins at an average price of roughly $66,632 per coin, generating approximately $24.7 million in gross proceeds.

April 1 (Xinhua) — Iran’s Supreme Leader Ayatollah Ali Khamenei’s first speech was posted on social media by his office Monday, where he reiterated blocking the Strait of Hormuz remains a retaliatory option. The office also shared the speech, noting Iran is exploring “other potential fronts.” Tehran believes its adversary “lacks experience and has clear weaknesses” in that area, the remarks add. Should the conflict persist, these fronts will be activated after a full review of relevant factors.

April 1: Elon Musk’s SpaceX has filed a secret IPO application.