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Bitcoin ETF activity to remain robust until the halving: Santiment – Cointelegraph

Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving at the end of this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume has not slowed down since hitting an all-time high in mid-March. to add “Trader activity remains significantly higher than […]

Aave contemplates fee distribution in DeFi shake-up – Cointelegraph

A proposal may be in the works at decentralized lending platform Aave, as consideration is set to begin on triggering a “fee switch” to distribute fees to owners. according to Mark Zeller, founder of the Ave Chan Initiative. After noting that Aave DAO, the community-driven decentralized autonomous organization (DAO) behind the Aave platform, currently has […]

Bitcoin bulls nudge at $70K as BTC price sees 'not typical' weekend – Cointelegraph

Bitcoin (BTC) headed higher towards the week’s close on April 7th as BTC’s unusual price action over the weekend boosted the bull market. BTC/USD 1 hour chart. Source: TradingView BTC price reflects initial price up to $70,000 Cointelegraph Markets Pro and TradingView showed a sudden move above $69,000 over the weekend, with Bitcoin hitting a […]

Bitcoin 'pretty unlikely' to revisit $50K price level, says analyst – Cointelegraph

The frequency with which Bitcoin (BTC) hits higher support price levels and the “lack of immediate froth” in derivatives markets could see its price return to $50,000 soon, according to one cryptocurrency analyst. This suggests that the gender is low. Dylan LeClair, senior analyst at digital asset fund UTXO Management, explained among the analysts. Note […]

South Korean party bets on US Bitcoin ETF access for votes – Cointelegraph

South Korea’s major political parties are promising crypto-related incentives to secure voter support ahead of the upcoming parliamentary elections. according to According to a Bloomberg report on April 5, the opposition Democratic Party has vowed to remove restrictions on domestic and foreign exchange traded funds (ETFs) that directly hold virtual currency tokens, including US Bitcoin […]

Genesis purchases $2.1B of Bitcoin following GBTC sell-off – Cointelegraph

Bankrupt crypto finance company Genesis sells approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin (BTC) as part of preparations to settle debts with creditors is reported to have been sold. According to recent Bloomberg reportOn April 2, Genesis liquidated approximately 36 million GBTC shares, valued at approximately $58.50 per share […]

Bitcoin Cash price hiccups amid second-ever halving event – Cointelegraph

Bitcoin Cash (BCH) briefly fell on Wednesday following a three-month rally, but quickly rebounded as the blockchain experienced its second-ever halving. reward It is cut in half. Bitcoin Cash is a proof-of-work blockchain network and a cryptocurrency designed to be faster and cheaper to use than Bitcoin (BTC). The first Bitcoin Cash halving event took […]

SEC's spot Ether ETF concerns unfounded, Consensys asserts – Cointelegraph

ConsenSys has responded to a U.S. Securities and Exchange Commission (SEC) investigation into potential fraud and manipulation risks regarding Ethereum’s proof-of-stake system, specifically the Spot Ether Exchange Traded Fund (ETF). by comment letter It has been submitted ConsenSys, the blockchain and Web3 software developer responsible for the popular MetaMask wallet, told regulators that concerns about […]