A U.S. presidential candidate is excited about the potential of blockchain technology; Bitcoin’s future post-halving remains uncertain; and regulators may not approve a spot Ethereum ETF. Here’s a roundup of the latest news in the cryptocurrency world.

RFK Jr. on Blockchain
During a rally in Michigan, U.S. presidential candidate Robert F. Kennedy Jr. proposed putting the U.S. budget on the blockchain for increased transparency. This move would allow Americans to track government spending and prevent corruption.

Standard Chartered’s Prediction
Geoff Kendrick, from Standard Chartered, predicts a Bitcoin price of $150,000 by the end of the year. However, analysts at Kaiko doubt that Bitcoin’s halving will lead to a sustained bull run in the next 12 to 18 months.

Ethereum ETF Approval Delay
The SEC has postponed its decision on a spot Ethereum ETF application, with a new review date set for June 11. Industry leaders like BlackRock and Grayscale are vying for approval, but chances are slim according to some analysts.

Wallet Woes
Samourai Wallet founders were arrested for money laundering, while Wasabi Wallet is blocking U.S. citizens from using its services. Phoenix Wallet will also stop operating in the U.S. from May 3.

Legal Battles
Custodia Bank is challenging a court decision to join the U.S. banking system, while the SEC is taking action against a Bitcoin mining company for an unregistered securities offering. Consensys, the developer of MetaMask, is suing the SEC over its oversight of Ethereum.

Market Updates
The spot Bitcoin ETF sector saw a $217 million outflow on April 25. BNY Mellon, a leading custodian bank, is exposed to BTC ETFs, indicating growing institutional interest in cryptocurrencies. Ethereum co-creator Vitalik Buterin highlighted issues with the network’s PoW design.

Blockchain Investments
Movement Labs raised $38 million in venture capital led by Polychain Capital. VC interest in the cryptocurrency sector is on the rise, with total investments reaching $2.5 billion in the first quarter.

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