Trust Wallet Temporarily Ousted From Google Play Store

Well-known noncustodial cryptocurrency wallet Trust Wallet, temporarily ousted from Google Play store, is back after a brief spell on the Android app store. Trust Wallet, in an X post, announced news of its return to members of the community.

Google had temporarily delisted the app from the Play store after notifying Trust Wallet of its potential action. Although Google was silent on the reason for the removal of the app from the Play store, Trust Wallet immediately filed an appeal contesting the action.

While awaiting the response from Google, Trust Wallet provided an alternative to its users on the Android APK from its website, pending resolution of the misunderstanding. However, with the reinstatement of the noncustodial crypto wallet on Google, users are now able to access the app.

📈 Neko Forecasting $TWT for short-term correction and bounce from current marked demand zone for buy position.

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MicroStrategy buys 122 BTC in April to bring total holdings to 214,400 BTC🪙

Michael Saylor's firm MicroStrategy released Monday new figures on its bitcoin holdings, alongside its first-quarter 2024 earnings report. The firm holds a total of 214,400 bitcoin valued at $7.54 billion overall, or $35,180 per token, the quarterly report notes. Since the end of the fourth quarter, the firm bought 25,250 bitcoin for $1.65 billion at $65,232 per BTC. Saylor noted in a social media post that the firm acquired an additional 122 BTC for $7.8 million in April.

By March 31, MicroStrategy reported 214,278 BTC holdings. The firm likely purchased 32 BTC after March 19, when it disclosed it held 214,246 BTC, The Block previously reported. The firm reported a 5% decrease in year-over-year revenue of $115.2 million.

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After Hong Kong regulators some time ago approved trading of Bitcoin ETF assets in the country, for the first time spot Bitcoin ETF will be traded today in Hong Kong.

Previously, the approval of a Bitcoin ETF in the United States took Bitcoin to a high of $73,500. Will the approval of a Bitcoin ETF in Hong Kong bring Bitcoin prices soaring again?

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💵Ripple Expands Its Presence in Japan with Latest Partnership

San Francisco-based company Ripple has announced a tie-up with HashKey DX, a Tokyo-based specialized consulting company in blockchain technology.

HashKey DX, which is part of the HashKey Group, provides support for foreign companies that aim to speed up their growth in the Japanese market.

The main purpose of the partnership is to roll out enterprise solutions for Japanese customers with the help of the XRP Ledger. They will be launched in collaboration with SBI Ripple Asia, a joint venture between Japanese financial giant SBI and Ripple that went live back in 2018. Notably, SBI Group is going to pioneer this particular supply chain solution among Japan-based corporations.

📈 Neko Forecasting $XRP for short-term correction and bounce from current marked demand zone for buy position.

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🪙 Spot Bitcoin ETFs: The Latest Updates from the US

They've been experiencing negative net inflows for four consecutive days. Notably, the iShares Bitcoin Trust (BlackRock's ETF) hasn't seen any inflows during this period.

📉 On April 29, outflows were not limited to GBTC but also impacted FBTC and ARKB. The total net inflows for US spot Bitcoin ETFs amounted to -$51 million on that day.

Thankfully, the crypto ETF landscape in Hong Kong doesn't have a player like GBTC, which requires constant efforts to offset its outflows.

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Kava.io Announces Token Swap on April

Kava.io has announced that all BEP3 assets will be migrated to Binance Smart Chain. The migration is scheduled to take place on April 30th. This move aims to streamline asset transfers, enhance security, and facilitate more efficient financial operations.

📈 Neko Forecasting $KAVA for short-term correction and bounce from current marked demand zone for buy position.

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CZ, the founder of Binance has been sentenced to 4 months in prison.

⚫CZ's lawyers were asking for house arrest or probation period
⚫DOJ attorneys were asking for 3 years
⚫US Probation Department was recommending 5 months

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