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Ripple to issue stablecoin backed 100% by cash equivalents
Ripple to issue stablecoin backed 100% by cash equivalents

A third party accounting firm will audit these reserves and Ripple will publish monthly attestations

Blockworks·2024/04/04 18:31
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A

CME’s Giovanni Vicioso sat down with Blockworks ahead of the halving to discuss bitcoin ETFs and BTC ahead of the April halving

Blockworks·2024/04/04 18:25
Bitcoin exchange reserves drop to multi-year lows: CryptoQuant
Bitcoin exchange reserves drop to multi-year lows: CryptoQuant

Bitcoin exchange reserves have dropped to multi-year lows, according to CryptoQuant data.However, Glassnode data also suggests that long-term holders are beginning to part with their BTC.

The Block·2024/04/04 16:42
Number of new memecoin traders hits record high — IntoTheBlock
Number of new memecoin traders hits record high — IntoTheBlock

The attention given to memecoins may be driven by the massive gains many projects displayed in the first quarter of 2024.

Cointelegraph·2024/04/04 15:28
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claims
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claims

BTC price strength returns amid bullish signals for Bitcoin and risk assets from the U.S. Federal Reserve and unemployment data.

Cointelegraph·2024/04/04 14:14
Spot Bitcoin ETF Flows Shift Positively as Grayscale’s GBTC Outflows Slow Down
Spot Bitcoin ETF Flows Shift Positively as Grayscale’s GBTC Outflows Slow Down

Wednesday’s inflows totaled $113m, with GBTC’s slowed outflows at $75m, posting its lowest figure since Feb. 26.

Cryptopotato·2024/04/04 14:07
Flash
  • 00:00
    In the past 24 hours, the entire network liquidated 476 million US dollars, the main liquidation of multiple orders, and BTC liquidated 119 million US dollars
    According to Coinglass data, $476 million was liquidated across the entire network in the past 24 hours, of which $365 million was liquidated for long orders and $112 million was liquidated for short orders. Among them, the liquidation of BTC was $119 million, and the liquidation of ETH was $73.8158 million.
  • 2024/11/26 23:57
    Overview of Key Overnight Developments on November 27
    21:00-7:00 Keywords: Pantera, Trump, Brazilian lawmakers, NYSE 1. Pantera Bitcoin fund has increased over 1000 times to date; 2. The Trump administration is considering letting the CFTC lead digital asset regulation; 3. Brazilian lawmakers formally propose establishing a national strategic Bitcoin reserve; 4. The Federal Reserve is considering a technical adjustment by lowering the reverse repo rate by 5 basis points; 5. NYSE submits 19b-4 and S-1 documents to the SEC for Bitwise BTCÐ ETF; 6. Grayscale opens private placement subscriptions for SOL, SUI, XRP, and 17 other token trust funds to qualified investors; 7. CryptoQuant: Long-term holders sold 728,000 BTC in the past 30 days, the highest since April.
  • 2024/11/26 22:54
    The probability that the Fed will cut interest rates by 25 basis points in December is 62.8 per cent
    According to the CME ‘Fed Watch’, the probability that the Fed will keep the current rate unchanged by December is 37.2%, the probability of a cumulative 25 basis points of interest rate cuts is 62.8%. The probability of keeping current rates unchanged by January next year is 28.4%, the probability of a cumulative rate cut of 25 basis points is 56.8%, and the probability of a cumulative rate cut of 50 basis points is 14.8%.
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