Good day, ApolloXplorer!Have you caught today’s key headlines yet? Stay up to date with the latest!<h2 id="header-0">#1. Optimism launches DAO and airdrops OP tokens</h2>Ethereum scaling protocol Optimism has created its own DAO, Optimism Collective, and will airdrop OP tokens to 267,000 Ethereum wallet addresses.Optimism Collective will be tasked with transforming revenue created from Optimism&#39;s transaction fees into grants for &#34;public goods.&#34;Public goods in the digital world can be open-source software and content.Source: <a href="https://decrypt.co/98722/ethereum-scaling-project-optimism-launches-dao-plans-airdrop-op-token" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-1">#2. Brazil’s Senate approves &#39;Bitcoin law&#39;</h2>Brazil’s Senate has passed the country&#39;s first bill governing cryptocurrencies.This will set the stage for the creation of a regulatory framework for the country’s crypto industry.The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country. This is expected to occur by end 2022.Source: <a href="https://cointelegraph.com/news/brazil-s-senate-approves-bitcoin-law-to-regulate-cryptocurrencies" rel="noopener noreferrer nofollow">Cointelegraph </a><h2 id="header-2">#3. Bitcoin slips toward $38K after rally fizzles</h2>Bitcoin is down 3.3% in the past 24 hours, trading at $38,210 – close to the lowest since mid-March.“Bitcoin reversed earlier gains after Russia reportedly suspended gas supplies to Poland,” said Edward Moya, senior market analyst at the foreign-exchange brokerage Oanda.That&#39;s “a sign that war in Ukraine could see further escalations.”Source: <a href="https://www.coindesk.com/markets/2022/04/26/bitcoin-slips-toward-38k-after-rally-fizzles/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. Bitcoin struggles to gain traction in El Salvador</h2>A survey by the U.S. National Bureau of Economic Research in partnership with Cid Gallup was conducted to track El Salvador’s bitcoin gambit.The survey found no evidence the government’s bitcoin wallet, Chivo, is being used to pay for taxes and remittances at a significant scale.“The most important reason not to download the app… is that users prefer to use cash, which was followed by trust issues -- respondents did not trust the system or Bitcoin itself,” the study said.Source: <a href="https://www.bloomberg.com/news/articles/2022-04-26/bitcoin-struggles-to-take-root-in-el-salvador-survey-finds" rel="noopener noreferrer nofollow">Bloomberg</a><h2 id="header-4">#5. Fidelity to allow bitcoin in 401(k) retirement accounts</h2>One of the US’s largest retirement-plan providers, Fidelity Investments, plans to allow investors to put Bitcoin in their 401(k) retirement accounts.The firm would cap the Bitcoin allocation to 20% of the individual account&#39;s assets.However, the US Labor Department published a directive on March 10 raising “serious concerns” over the idea of exposing 401(k) participants to direct investments in crypto.Source: <a href="https://cryptobriefing.com/fidelity-to-allow-bitcoin-in-401k-retirement-accounts/" rel="noopener noreferrer nofollow">Crypto Briefing</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: Optimism launches DAO and airdrop, Fidelity to allow bitcoin in 401(k)

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