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Crypto Asset Outflows Continue, Witnessing 4 Consecutive Days of Decline
April 30, 2024
Crypto ETFs Face Fourth Consecutive Day of OutflowsApril 29 marked the fourth consecutive trading day of outflows for US Bitcoin ETFs, recording an outflow of $51.6 million, according to data …
Read moreBitcoin Lightning Network - A Game-Changer for Efficient Transactions
April 30, 2024
A layer-2 solution for Bitcoin, the Lightning Network, paves the way for efficient, faster, and cheaper transactions. However, adoption is still in the early stages. In a recent discussion, Jesse …
Read moreRipple Expands Enterprise Solutions in Japan with HashKey DX Partnership
April 30, 2024
Cryptocurrency firm Ripple is broadening its enterprise solutions in Japan through its alliance with Tokyo-based consulting firm HashKey DX. This collaboration is designed to develop and implement blockchain-based supply chain …
Read moreBitcoin Recovers to a High of $64,500 Amid Uncertain Market
April 30, 2024
With fluctuations in the market, Bitcoin pulled back from a low of $61,774 to reach a high of $64,738, despite initial concerns from the disappointing trading volumes of Asia's first …
Read moreHong Kong's Bitcoin and Ethereum ETFs Debut with Modest $11 Million Volume
April 30, 2024
Hong Kong's newly launched Bitcoin and Ethereum exchange-traded funds (ETFs) started off with a tepid $11.19 million trading volume, a figure considerably short of initial expectations that predicted volumes surpassing …
Read moreEthereum's EigenLayer Announces Token Launch and Airdrop Strategy
April 30, 2024
Ethereum-based EigenLayer has revealed plans for its exclusive EIGEN token. The announcement was made by the Eigen Foundation, noting that token distribution will commence from May 10. However, stakeholders based …
Read moreMicroStrategy Bolsters Bitcoin Portfolio Amid Revenue Downturn
April 30, 2024
MicroStrategy's Q1 financial report reveals the firm added approximately 25,250 BTC to its holdings, purchased for $1.65 billion. These purchases brought the company's total BTC holdings to 214,400, equivalent to …
Read moreAdvanced Concept: Analyzing Bitcoin Market Trends Using On-chain Metrics
April 30, 2024
In recent developments, despite the current lows of Bitcoin, market indicators suggest a potential resumption of the bull trend. A primary basis for this analysis derives from various on-chain data …
Read moreSamourai Wallet Developer Keonne Rodriguez Released on $1 Million Bond, Pleads Not Guilty
April 30, 2024
Keonne Rodriguez, a developer for Samourai Wallet, has pleaded not guilty to criminal charges and is now under home incarceration until trial. As stipulated in a docket entry dated April …
Read moreAnticipated Record-Breaking Launch for Bitcoin and Ethereum ETFs in Hong Kong
April 30, 2024
Hong Kong is set for the launch of its first spot Bitcoin and Ethereum ETFs. Managed by Huaxia Fund Management (Hong Kong) and digital asset service provider OSL, the funds …
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