Grayscale report: Bitcoin, crypto market poised for growth pending stable macroeconomy. Bitcoin resilient despite April dips. Fed hints at rate cuts amidst inflation concerns. Positive crypto developments include Bitcoin halving, stablecoin market growth.
EdmundHong Kong's spot Bitcoin ETFs saw second straight day of outflows, with 90.16 BTC leaving on Thursday. China Asset Management's ETF led outflows, reversing earlier inflow trends. Despite this, total AUM for all three ETFs reached 4,260 BTC and $261.45 million. Investor behavior shifts with $5.5 million total daily outflows.
EdmundHoskinson voices concerns over Biden administration's crypto approach, criticizes SEC's SAB 121. Warns of talent exodus and urges voting for crypto-friendly candidates. Contrasts Biden's stance with Trump's support for crypto. Calls for voter prioritization of crypto issues in upcoming elections.
Xu LinEU explores integrating cryptocurrencies into €12 trillion investment market, potentially eclipsing US crypto ETFs. ESMA's consultation on crypto under UCITS framework heralds a significant shift. Despite benefits, challenges like aligning custody practices remain, indicating a complex path ahead.
Xu LinViaBTC underscores the significance of Bitcoin transaction fees, propelled by applications like Ordinals and Runes, in sustaining miners amidst halving events. Despite challenges, ViaBTC's record-setting transaction fee on halving day highlights the potential of increased network activity for miner compensation, aligning with Satoshi Nakamoto's vision.
Huang BoVan de Poppe warns of Bitcoin's vulnerable position, signaling a possible dip to $52,000-$55,000. Declining whale accumulation and bearish market trends heighten concerns despite ongoing demand from American spot Bitcoin ETFs and MicroStrategy.
EdmundGrayscale's Q1 revenue flat despite GBTC's conversion to ETF; outflows prompt fee reconsideration. US spot Bitcoin ETFs face competition; DCG sees 11% revenue rise; Foundry and Luno subsidiaries thrive amidst volatility.
Huang BoDOGE price dips 5.8% after Robinhood's SEC trouble. Tight BTC correlation adds pressure. Technical analysis points to $0.143-$0.146 support zone. Resilient indicators offer cautious optimism.
Huang BoPublicly traded companies collectively hold over $19 billion worth of Bitcoin in their treasuries. Leading the pack are prominent names such as MicroStrategy, Tesla, and Coinbase, along with Bitcoin mining firms.
KikyoTrump endorses cryptocurrency, vows to support industry growth, considers accepting digital donations for 2024 campaign.
Huang BoSNEK introduces a Cardano-based snake game, combining nostalgia with blockchain technology.
BrianHong Kong's rigorous stablecoin regulations challenge global digital currency norms, setting a new benchmark in virtual asset governance.
AlexEthereum's evolution and optimistic price projections for 2024, influenced by ETFs and Buterin's updated roadmap, indicate a bullish future.
KikyoVitalik Buterin presents a slightly updated Ethereum 2024 roadmap, focusing on six key elements and maintaining the original cypherpunk vision.
BrianTelcoin's effective response and recovery from a major security breach underscores the importance of robust security and trust in the digital currency world.
BrianTerraForm Labs swiftly addresses network congestion on Terra through strategic measures and explores dynamic fee modeling for future resilience.
KikyoAptos blockchain sees a surge in user activity and APT token value, signaling a potential shift in the crypto landscape.
AlexCoinbase Canada's expansion enhances the digital economy's access and addresses regulatory and market challenges.
KikyoA severe security vulnerability in the OKX Web3 wallet leads to an influx of fake sats, urging users to cease trading immediately to avoid losses.
BrianThis advancement aims to facilitate rapid and seamless transactions, reducing the risk of front-running and MEV attacks commonly observed on other blockchains.
Alex