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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Fantom TVL exceeds $200 million
Fantom TVL exceeds $200 million

Cointime·2024/05/17 07:58
US spot Bitcoin ETFs saw fourth straight day of inflows, totaling $257 million yesterday
US spot Bitcoin ETFs saw fourth straight day of inflows, totaling $257 million yesterday

The 11 spot bitcoin ETFs in the U.S. saw daily net inflows of $257.34 million on Thursday.Major Wall Street institutions revealed large shares in U.S. spot bitcoin ETFs recently in their quarterly 13F reports.

The Block·2024/05/17 07:25
How are advisers using bitcoin ETFs in client portfolios? It depends.
How are advisers using bitcoin ETFs in client portfolios? It depends.

Some investment pros are mulling crypto allocations between 1% and 10% and seeking ex-BTC exposure for interested clients

Blockworks·2024/05/17 06:25
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Bitget Announcement·2024/05/17 03:00
Flash
  • 08:59
    Trump: Israel ignores Biden's words, thus escaping trouble
    According to foreign media reports, former U.S. President Trump discussed the relationship between Israel and the United States during wartime and the tense situation in the Middle East during a three-hour interview with American podcaster Joe Rogan on Friday. Trump criticized U.S. President Biden and his election opponent, Vice President Harris, for telling Israel "not to do anything" in the conflict between Israel and Hamas. Trump also praised Israel for "not listening" to Biden throughout the war. He said: "I think if they (Israel) had listened to Biden, they would now be waiting for a bomb to fall on their heads." "Biden made too many mistakes. You have to say that Harris was wrong too because she always says they make decisions together." Trump stated that changes are happening rapidly in the Middle East, some prophecies say that the world will end in the Middle East... there is a need to cool down the situation.
  • 08:58
    The Linea mainnet has bridged over 780,000 ETH
    Dune data shows that Linea's mainnet has bridged and transferred 786,003 ETH, with a transaction count reaching 1,217,535 and the number of interacting addresses reaching 564,792.
  • 08:57
    American Venture Capitalist: If Bitcoin rises to $100,000, El Salvador's holdings will yield more than IMF loans
    Billionaire and American venture capitalist Tim Draper said this week that if Bitcoin rises to $100,000, it could enable El Salvador to repay its loan from the International Monetary Fund (IMF) "without having to negotiate with them anymore." It is reported that El Salvador owes the IMF about $80 million, while holding 5913.76 BTC. Therefore, if Bitcoin rises to $100,000, El Salvador will gain a profit of $189 million from its Bitcoin holdings, exceeding its IMF loan. However, this calculation needs to be based on two assumptions: 1. The country's Bitcoins are not pledged i.e., they have not been used for other purposes or as collateral for other loans or contractual obligations; 2. Non-IMF debts are ignored - these debts amounting up to billions of dollars - meaning the country would be able to directly remit profits from revalued Bitcoin holdings straight back into the IMF without first repaying higher-ranking creditors. As both assumptions are hard to achieve, El Salvador may need a far greater than $100k per bitcoin in order for it pay off its debt with the IMF and all other lenders.(Protos)
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