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1Bitget Daily Digest | BTC faces short-term drop, XRP ETF filed by WisdomTree2Trump team looking to shift crypto regulation to CFTC, dilute SEC's role: report3US appeals court says Treasury 'overstepped' authority in Tornado Cash sanctions
Bitcoin halving will lead to more sustainable BTC mining: Report
The block reward halving’s impact on mining profitability could prompt Bitcoin miners to look for more sustainable energy sources, turning the grid more sustainable.
Cointelegraph·2024/04/16 10:59
How low can Bitcoin price go? Analysis disputes 'black swan event'
From a fresh BTC price dip as soon as April 16 to a retreat to $40,000 long-term, Bitcoin market observers weigh in on where the market is headed.
Cointelegraph·2024/04/16 10:40
Grayscale's GBTC reaches its own halving, down 50% in bitcoin holdings since spot ETFs launch
Grayscale’s converted GBTC fund is now down 50% in bitcoin holdings since the spot ETFs launched on Jan. 11.GBTC’s market share by bitcoin holdings has fallen to 37% in the same period, with BlackRock’s IBIT and Fidelity’s FBTC the main beneficiaries.
The Block·2024/04/16 09:58
Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)
OKB is the only larger-cap altcoin in the green now.
Cryptopotato·2024/04/16 08:43
10xresearch: We Sold Everything Last Night
Institutional Crypto Research Written by Experts
10xresearch·2024/04/16 08:42
Polkadot Price Analysis: DOT Fails To Get Past $7 As Bears Tighten Grip
Cryptodaily·2024/04/16 08:28
Matrixport: Looking at Bitcoin market share, the broader rally may still be in its infancy
Mars Financial ·2024/04/16 08:11
A whale sold 1,200 BTC at a loss 3 hours ago and still holds 388 BTC
MarsBit·2024/04/16 07:00
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K
Bear market comments are being bandied about on crypto social media again as markets continue to retreat.
Cryptopotato·2024/04/16 06:58
Flash
- 08:21The Aptos ecological lending agreement Echelon will launch governance tokens in a few monthsOn November 28, the Aptos ecological lending protocol Echelon released a statement outlining the project's future roadmap. Echelon stated that it will advance the following tasks in the coming months: 1. Promote TVL growth to over $300 million; 2. Double the number of collateral assets supported by the protocol; 3. Launch Movement and Inita mainnets; 4. Expand RWA, LST and BTC use cases within the protocol; 5. Release governance tokens for the protocol.
- 08:20Clanker has completed its first contract upgrade, and will open user revenue sharing claims on December 4thOn November 28, Base Ecological AI agent Clanker announced via Twitter that it has completed its first contract upgrade and will carry out the second upgrade on November 9. At the same time, user revenue sharing claims will begin on December 4. The official statement said that when Clanker deploys tokens, a Uniswap V3 pool with a 1% fee will be launched on Base. Each time a token is traded, this pool will collect and distribute 1% of each exchange as rewards; where 60% of the exchange fees are allocated to the protocol party (Clanker), and 40% are distributed to requesters (users requesting Clanker to deploy tokens). For tokens deployed before November 14,2024,the distribution ratio is set at75%and25%.
- 08:09The AI company Databricks has raised 5 billion dollars in its latest round of financing, reaching a post-investment valuation of 55 billion dollarsOn November 28, according to Bitcoin.com, San Francisco-based data analytics and artificial intelligence (AI) company Databricks raised $5 billion in its latest funding round, bringing the company's valuation to $55 billion. Sources say that Databricks plans to raise a total of $8 billion, potentially making it the largest fundraising round this year. The report suggests that the purpose of Databrick's latest funding round is to allow employees to sell shares, thereby reducing the need for an immediate initial public offering (IPO). However, while an IPO may not be imminent, it could still occur in the second half of 2025. While the report did not disclose who participated in this latest funding round, it revealed well-known supporters of the company including Nvidia, Capital One, Andreessen Horowitz(a16z), Baillie Gifford,Fidelity , Insight Partners and Tiger Global. In September 2023,Databricks raised $500 million with a valuation of $43 billion. Openai currently holds the record for largest financing round in 2024 having raised $6.6 billion in October. Billionaire Musk's xai also received a financing amounting to $5 billion which brought its valuation up to$50billion.Another AI startup Anthropic has secured$400million from Amazon taking their total funds raised up till now at$8billion.
