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Tim Draper recommends founders hold 'at least' two payrolls 'worth of cash' in crypto

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American venture capital investor Tim Draper warned business founders to prepare for "more and more" bank failures if the government continues to "print money and whipsaw interest rates." via Cointelegraph.com News https://ift.tt/ARIkqoh

US explores additional bank support favoring First Republic's benefit: Report

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While the Federal Reserve liquidity offerings must be equally accessible to "all eligible users," unnamed sources reportedly warned that it could be “made in a way” to ensure First Republic Bank benefits. via Cointelegraph.com News https://ift.tt/poc51ji

Nasdaq to Launch Crypto Custody Service to Meet Growing Market Demand – Here's What You Need to Know

Nasdaq aims to launch its much-anticipated crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services.  In an interview with Bloomberg on Friday, Ira Auerbach, senior vice president and head of Nasdaq Digital Assets, said Nasdaq is "pushing ahead to get all the necessary technical infrastructure and regulatory approvals in place."... Read More: Nasdaq to Launch Crypto Custody Service to Meet Growing Market Demand – Here's What You Need to Know

Bitcoin Price and Ethereum Prediction: Weekend Breakout Possible Amidst Choppy Market Conditions

The cryptocurrency market has been experiencing a choppy session lately, with both Bitcoin and Ethereum struggling to break out of their current price range. Investors and traders are closely monitoring the market for any signs of a potential breakout during the upcoming weekend. Bitcoin (BTC), the world's largest cryptocurrency, failed to extend its upward rally and lost some ground today, possibly due to ongoing regulatory scrutiny in the cryptocurrency sector. ... Read More: Bitcoin Price and Ethereum Prediction: Weekend Breakout Possible Amidst Choppy Market Conditions

The UK Has Created Crypto Banking Problems

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U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/FfYjeZz

NFT investor accidentally burns $135k CryptoPunk trying to borrow money

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While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. via Cointelegraph.com News https://ift.tt/V4ih5Ej

Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B

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Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.” via Cointelegraph.com News https://ift.tt/d5LCOQq