Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation

Crypto legislation worries, Gold starts rallying again, CFTC to trial tokenisation – FOMO HOUR EP351

BTC: 93.7k (-1%), ETH: 1765 (-3%), SOL: 142 (-3%). Top Gainers: XDC, XMR, DEXE, TAO, NEXO. BTC ETFs: +$426mn, ETH ETFs: $0mn. Crypto dips on worries about US legislation passing. Florida’s BTC reserve bills postponed. Semler Scientific buys $16m BTC. Riot Platforms sold $39m BTC in April. BTC coinbase premium dropping again. DeFi Development buys $72m SOL. SOL April revenue is more than all L1, L2 chains. SUI stablecoin supply $900m, sets new ATH. SEC delays Canary LTC ETF. CFTC to observe pilot tokenisation programs. Trump set for 2 crypto focused dinners in May. ETH Pectra upgrade live tomorrow. TVL of tokenised RWAs surpasses $22bn. FTX estate sold $500m Cursor stake for $200k. CZ wants BTC, BNB in Kyrgyzstan’s reserves. CZ does 1hr long interview on crypto outlook.

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