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 BoThe current status of the Bitcoin ecology industry, my views on the Layer 2 definition proposed by Bitcoin Magazine, and my own evaluation method for Bitcoin Layer 2.
JinseFinanceSwan Bitcoin, a financial services firm, ventures into bitcoin mining amid market volatility. With plans for a Series C funding and public listing, Swan aims to diversify services under Swan Institutional. The move aligns with industry shifts, including the upcoming bitcoin halving and challenges faced by mining companies.
SanyaLayer 2 of general computing smart contracts on Bitcoin has always been a problem because the Bitcoin network cannot be relied on to ensure the security of smart contracts.
JinseFinanceIts web traffic and engagement have plummeted, with visits falling 76% from over 30 million in March to 7.2 million in May.
Beincrypto自 2023 年年初 Ordinals 开启 Bitcoin 的 NFT 试验以来，如何在 Bitcoin 上创立丰富的去中心化用例项目，成为行业关注的热点。
MarsBitIn addition to the CFTC lawsuit, a U.S. District Court has halted the sale of Voyager Digital.
cryptopotato“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long.
CointelegraphThe expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country.
CointelegraphBitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.
CointelegraphThe cryptocurrency exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails and the Routefire platform.
Cointelegraph