Semler Applies for $500 Million Short-Term Corporate Bond Issuance...Including BTC Purchase
Nasdaq-listed medical technology company Semler Scientific has applied to the U.S. Securities and Exchange Commission to issue $500 million in short-term corporate bonds. The company stated that the proceeds will be used for comprehensive corporate operations, including Bitcoin purchases.
US SEC Concludes Financial Investigation of Coinbase
Coinbase's Chief Legal Officer (CLO) Paul Grewal announced via X that the U.S. Securities and Exchange Commission has concluded its financial investigation of Coinbase. This comes two years after the SEC initiated the investigation. Grewal explained, "The SEC did not request additional materials or further clarification from Coinbase. Essentially, the investigation was concluded without any sanctions."
BTC Spot ETF Sees $108.9 Billion Net Inflow
According to Trader T, on April 15th (local time), the U.S. Bitcoin spot ETF saw a net inflow of $76.89 million (approximately 10.98 billion won). This marks the second consecutive trading day of net inflows. BlackRock IBIT received $38.69 million, Ark Invest ARKB received $13.42 million, and Bitwise BITB received $10.98 million.
MetaPlanet to Issue $10 Million Bond for 'BTC Additional Purchase'
Japanese listed company MetaPlanet announced via its official X account that it will issue a $10 million interest-free common stock bond to purchase additional Bitcoin. Currently, MetaPlanet holds 4,525 BTC.
3iQ Selects Figment as Staking Provider for SOL Spot ETF
After Canadian regulators approved Solana spot ETFs with staking functionality from issuers like Purpose, Evolve, CI, and 3iQ, 3iQ announced the selection of Figment as the staking provider for its product. According to Cointelegraph, the product will be listed on the Toronto Stock Exchange with the ticker SOLQ on the 16th (local time).
"Guaranteed Minimum 00% Profit"...Cryptocurrency Reading Rooms to be Regulated
Bizwatch reported that Democratic Party lawmakers Min Byung-deok and Kang Hoon-sik have proposed amendments to the Virtual Asset User Protection Act, focusing on regulating cryptocurrency reading rooms and strengthening exchange management. The amendment designates cryptocurrency reading rooms as virtual asset quasi-advisory services, requiring registration with the Financial Services Commission, and prohibits activities such as loss compensation, profit guarantees, and false yield presentations.
OKX Enters US Market, Plans Nationwide Service Expansion by Year-End
OKX announced via its official blog that it is expanding its business into the U.S. market. The regional headquarters will be established in California. OKX explained that it plans to expand services nationwide by the end of this year.
Galaxy Digital Deposits Additional 2,031 Million ETH to Binance
Spot On Chain reported that an estimated Galaxy Digital cryptocurrency financial services company address deposited 12,500 ETH ($20.31 million) to Binance 8 hours ago. The same address had deposited 37,500 ETH ($60.34 million) over the past 4 days.
Solv Completes BABY Token Distribution to xSolvBTC Holders
Solv Protocol announced through its official channel that it has completed the distribution of Babylon (BABY) tokens to eligible xSolvBTC holders. This makes Solv Protocol the first Bitcoin ecosystem protocol to complete BABY token distribution. Babylon launched its own BABY token this month, which is currently listed on major exchanges like Binance, OKX, Bybit, and Bithumb.
Mantra CEO "Plans to Burn 772,000 OM Held"
Mantra (OM) CEO John Mullin announced plans to burn the OM tokens he holds. Out of the team's 300 million OM, Mullin holds 772,000 OM, with a lock-up period until April 2027. Previously, he mentioned in an AMA that he was in the initial stages of developing a buyback and burning plan related to the OM price crash.
Movement Labs Investigates Binance Market Maker Issue from Last Month
According to Blockworks, Movement Labs and Movement Network, a blockchain development company based on the Move language, are conducting an investigation into the inappropriate market maker activities that occurred last month. Last month, Binance excluded certain market makers due to inappropriate activities with the MOVE token. The details of the market makers were not disclosed, but are believed to be related to the Movement Labs token. The project is conducting an internal investigation, including a third-party review, and is operating normally.
Coinbase: "Cryptocurrency Prices Likely to be Stable in Q2"
Coinbase, in a report, predicted that "cryptocurrency prices are expected to be stable in the latter half of the second quarter, which will lay the groundwork for improving market sentiment in the third quarter." They added that "over the next 4-6 weeks, a cautious market approach is necessary. It's a time to adopt a defensive risk strategy."
WLFI Recruits Chief Advisor to Pakistan Cryptocurrency Council
World Liberty Financial (WLFI), a DeFi project associated with the Trump family, announced via X that it has recruited Bilal Bin Saqib, Chief Advisor to the Pakistan Cryptocurrency Council. The project explained that he was selected as one of Forbes' 30 under 30 and participated in drafting cryptocurrency regulatory proposals in Pakistan.
Upbit Temporarily Suspends SCR Deposits and Withdrawals
Upbit announced on its official website that deposits and withdrawals for Scroll (SCR) will be temporarily suspended from 22:00 today due to the mainnet upgrade.
WSJ: "Elon Musk Approached Crypto YouTuber, Asked to 'Have My Child'"
The Wall Street Journal reported, citing sources, that Elon Musk, Tesla's CEO, reportedly approached famous crypto YouTuber Tiffany Fong. The media explained, "He consistently liked her content after she released content about the past FTX collapse, and subsequently, Tiffany Fong consistently posted supportive posts about Elon Musk. As a result, Tiffany Fong's X followers dramatically increased, and her income reportedly grew significantly. However, Elon Musk later sent her a direct message asking her to bear his child. The conservative Tiffany Fong reportedly rejected this and shared her dilemma with people around her."
ARDR rises 280% after becoming a 'Binance delisting candidate'
According to Coinness market monitoring, Ardor (ARDR) has risen by approximately 280% since becoming a Binance delisting candidate on the 10th.
Altcoin Season Index at 15...same as previous day
CoinMarketCap's 'Altcoin Season Index' recorded 15, the same as the previous day. The Altcoin Season Index is determined by comparing the price fluctuations between the top 100 coins by market cap (excluding stablecoins and wrapped coins) and Bitcoin. If 75% of the top 100 coins have higher growth rates than Bitcoin over the past 90 days, it is considered an Altcoin Season; otherwise, a Bitcoin Season. The closer to 100, the more it is considered an Altcoin Season.
Crypto 'Fear and Greed Index' at 29...fear continues
Alternative's self-calculated 'Fear and Greed Index' dropped 9 points from the previous day to 29. The fear stage continues. The index indicates extreme market fear closer to 0 and extreme optimism closer to 100. The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market cap proportion (10%), and Google search volume (10%).
Coinness Market Briefing on April 16th
As of 9 AM on April 16th, Bitcoin is trading at $83,643, down -1.13%. Among the TOP100 coins by market cap, the 24-hour TOP3 risers are OM (+35.74%), IP (+6.88%), and CORE (+3.40%).
