Notable news in the past 24 hours (April 7) BTC traded around 27,974 USD, down 0.25% compared to 24 hours ago. 1️⃣ Market Base of Tether (USDT) is about to hit a record high: Tether's current capitalization is only $3 billion from its record high of $83 billion reached in May of the previous year. Tether's valuation has been driven higher by active minting and issuance work on the TRON network, for more than half of the current market value of this Stablecoin. 2️⃣CPIC Investment Management, the second largest property insurer in China, will launch two crypto funds in partnership with investment firm Waterdrip Capital. 3️⃣ The German government is ending the introduction of more friendly regulations for startups working in the financial innovation sector in the country. This measure is called the "Financial Futures Act". 4️⃣ Japan adopts Web3 White Paper, ending the growth of the crypto industry, setting the stage for large Japanese companies to enter the cryptocurrency market.