Consensys Challenges CFPB Rule on Unhosted Wallets, Warning of Harm to Developers and Users

Bitcoin's price surged above $95,000 as investors monitored Trump's trade negotiations with China. Altcoins like Ethereum rose 2% to $1,800, while XRP fell 0.7% to $2.20. China's consideration of tariff exemptions signaled potential market stability.

Semler Scientific, a Nasdaq-listed healthcare company, has purchased an additional 111 BTC for $10 million, bringing its total Bitcoin holdings to 3,303 BTC valued at nearly $314 million. Chairman Eric Semler stated they will not sell Bitcoin even if shareholders sell their shares due to disagreeing with the firm's strategy.

Newly sworn-in SEC Chair Paul Atkins praised the Commission's recent pro-crypto work and criticized previous regulatory uncertainty that stifled innovation. Atkins commended Commissioner Hester Peirce for advocating common-sense crypto policies and leading the new crypto task force.

Coeptis Therapeutics and Z Squared Inc. are merging to become the largest publicly traded Dogecoin miner, pending regulatory and shareholder approval. Coeptis shares dropped 40% to $7.53 as investors reacted negatively to the news.

Strive Asset Management advocated for GameStop to invest in Bitcoin, but Strive CEO Matt Cole said that there are ongoing internal debates about the extent of the investment. Cole mentioned that GameStop has not finalized the amount of Bitcoin it will purchase, despite raising funds and confirming Bitcoin reserve plans.

KAI: Battle of the Three Kingdoms, a modern reimagining of Sega's Sangokushi Taisen, will launch on April 30. The game will feature NFTs called "Awakened Warlords" and a SGC token for in-game purchases and rewards.

Bitcoin's recent surge follows a dip below $75,000 earlier this month, triggered by President Trump's trade tariff announcements. Unlike stocks, Bitcoin has rebounded more strongly, with investors pouring over $2.6 billion into new ETFs. Futures positions in Bitcoin and other coins worth nearly $300 million have been liquidated.

Bitcoin ETFs saw inflows of $442 million yesterday, marking the seventh consecutive day of positive accumulation. Total assets under management have reached $108 billion, the highest level since late February, as Bitcoin continues its recovery.

The SEC and Dragonchain have mutually agreed to drop the lawsuit over the crypto firm's alleged unregistered securities offerings. The SEC cited the Crypto Task Force's work on crypto regulation as the reason for dismissing the case against Dragonchain.

Roger Ver paid Roger Stone $600,000 to help him escape a federal criminal case involving tax evasion and false tax returns related to his crypto holdings. Stone, known for his Nixon tattoo, was hired to lobby against U.S. tax provisions targeting Ver's $48 million tax debt.