Plus: The most crypto-friendly city in the world right now

GM. We picked today’s news fresh off the vine, but warning: some of these grapes are fermented.

🚀 The Fed removes anti-crypto rule.

🍋 News drops: the most crypto-friendly city in the world, blockchain's ChatGPT moment + more

🍍 Market flavor today

Find out more about the Fear & Greed Index here.

Crypto Market Cap: $2.98T 1.61% (24H)
Name		Price	24H	7D
	Bitcoin BTC	$94,770.98	1.60%	12.12%
	Ethereum ETH	$1,791.89	1.26%	13.12%
	XRP XRP	$2.19	-0.44%	6.35%
	BNB BNB	$601.75	0.56%	1.31%
	Solana SOL	$153.25	1.76%	15.35%

The hype has cooled off a bit - investor sentiment dropped from Greed to Neutral.

That said, prices are holding up well, and we’re still seeing some nice spring-green across the major coins.

CryptoQuant contributor IT Tech pointed out that Bitcoin’s apparent demand has finally flipped positive after spending weeks in the red.

What does that mean, in human language?

Apparent demand is a 30-day total of how many long-forgotten coins (the ones untouched for over a year) are suddenly getting active again.

• When a lot of old coins move, it means dormant capital is going into the market → apparent demand goes up.

• If a bunch of those coins stay untouched, it means less market interest → apparent demand goes down.

For a while, that number was way down - like, below -200K BTC.

But now, it’s bounced back hard. This means some of that sleeping capital is heading back into the market.

Even better, this jump in demand lines up with Bitcoin climbing back over $87K. That’s a good combo: it means this price recovery isn’t just speculative trading - there's actual on-chain activity backing it up.

This sudden increase aligns with increased BTC ETF inflows ($2.6B just this week) and long-term holders adding to their bags (we touched on this yesterday).

Now, what does all this actually mean for where we’re headed next?

Well, when apparent demand flips this quickly, it’s often followed by a rally, or at the very least, a solid support level forming.

So, if the upward trend continues, Bitcoin might finally get the momentum it needs to test the $90K+ range.

🥝 Memecoin harvest

You spent 3 hours researching tokenomics. Meanwhile, a sausage meme is doing this:

Data as of 06:30 AM EST.

Check out these memecoins and plenty more here.

🙅 No more "May I?"

I know, it's not that exciting when we start talking about regulatory changes again, 'cause it kinda became just a normal thing.

But trust me - this one's actually a big deal:

The US Federal Reserve removed that party pooper guidance that was basically telling banks to stay away from crypto and stablecoins.

This guidance used to warn everyone that crypto might mess with bank safety, consumer protection, and the stability of America's entire financial system.

So, now that it's gone, what's changing? Lemme break it down:

• No more asking first: banks don't have to ask the Fed for permission first when they wanna do something with crypto. They can just... do it;

• Easier for stablecoins: banks don't need special approval to work with stablecoins anymore;

• Opening the door for wider bank adoption: with these barriers gone, more banks might wanna start offering crypto services;

• Less strict rules: another proof that we're headed toward a less prohibitive regulatory environment.

TL;DR: the Fed's stepping back a bit and letting banks explore crypto more freely.

Whether this turns into something massive depends on how banks respond to this new freedom.

But if they do use this opportunity to hop on the crypto train, we could see increased adoption, greater liquidity, new innovative products, better security solutions, etcetcetc.

Interesting future ahead of us, fellas.

🍋 News drops

🤖 The White House got over 10,000 comments on its new AI plan. A lot of people pointed out that if the US wants to stay ahead in AI, it needs better energy systems to handle the huge power demands of all those data centers.

🚀 Citigroup says regulatory changes could help stablecoins and blockchain go really big in 2025. They think it could be the year blockchain has its “ChatGPT moment” in terms of adoption.

🗿 The small Italian town of Fornelli is planning to build a monument dedicated to Satoshi Nakamoto, Bitcoin's creator. They're keeping us in the dark about what it'll actually look like or how big it'll be tho'.

🖼 NFT images from Nike's bought-then-killed company RTFKT stopped displaying thanks to some Cloudflare hosting issues. This affected the Clone X and Animus collections.

🇸🇮 Slovenia's capital, Ljubljana, took the top spot as the world's most crypto-friendly city. It was ranked based on stuff like how easy it is to get licenses, how much they'll tax your crypto gains, and if the internet is fast enough to actually use your crypto without throwing your computer out the window.

🍌 Juicy memes