With BTC dropping below $57K and a look at Coinbase’s first-quarter results as it prepares to go public, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by bybit.com.

Today's stories:

Stock Futures Wobble Ahead of Fed Minutes (WSJ)

Q1 2021: Institutional Crypto Growth Slows Down, Retail Picks Up

IMF proposes ‘solidarity’ tax on pandemic winners and wealthy (FT)

Bitcoin Drops 6% in Korea, Shrinking the so-called ‘Kimchi Premium’

Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B