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Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now less than three days away.

Other Solana-based airdrop tokens W and TNSR have seen declines in value, while the network has been experiencing major congestion issues.

The Lummis-Gillibrand Payment Stablecoin Act prohibits unbacked, algorithmic stablecoins and requires issuers to back their tokens.

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S.

Bitcoin’s fourth mining reward halving is just two days away.

Rodarmor created last year’s breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.

Overall, spot bitcoin ETF volumes have steadied throughout April after a steady decline from their early March peak.

Privacy protocol Railgun said the claim of its use by North Korean hackers was a “mistaken, false allegation in the first place.”

Some other catalyst needs to happen before bullish sentiment returns, says one trader.