10 things you need to know before the opening bell
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1. US futures rise after jobless claims hit a new pandemic low. See what markets are doing today.
2. Cathie Wood says Elon Musk will eventually prove positive for bitcoin. She predicted central banks will begin adding crypto to their balance sheets.
3. Bitcoin's use in crime is a bizarre regulatory concern, Nic Carter says. Data shows the dollar is used far more often for illegal purposes than bitcoin, the crypto fund co-founder said.
4. Fidelity and Skybridge Capital's bitcoin ETFs are under SEC review. A decision on asset manager VanEck's application is expected in June.
5. Chamath Palihapitiya says SPACs need more oversight and regulation. The billionaire investor has created six of his own SPACs and participated in PIPE funding rounds for another eight deals.
6. Earnings expected. Gazprom is scheduled to announce first-quarter results.
7. On the data docket. US wholesale inventories, the Baker Hughes US oil rig count, and personal consumption expenditure indices are due.
8. A 'dogecoin millionaire' explains why the recent drop does not shake his bullishness in the meme coin. Glauber Contessoto also shares his advice for new buyers.
9. A crypto expert discusses how to avoid getting caught up in Reddit-fueled hype that can cost you millions of dollars. Scott Morgan also shares his top tips for picking worthwhile NFTs in a landscape littered with scams.
10. NYC real-estate heir Kent Swig is planning a $6 billion cryptocurrency offering. But the venture is tied to a mining company that has been accused of wrongdoing.