News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
1The next "Sui opportunity"? After Fantom changed its name to Sonic, which opportunities are worth ambush?2Which chains are involved in Pump.fun?3Can liquid staking tokens depeg due to market volatility?
Hong Kong to approve spot bitcoin, ether ETFs as soon as Monday: Bloomberg
Hong Kong regulators are expected to greenlight spot ETFs for both bitcoin and ether as early as Monday, Bloomberg reported, citing sources familiar with the matter.
The Block·2024/04/12 15:28
Why’s Ripple Unlocking 500M XRP Worth $306M in the Middle of the Month?
Coinedition·2024/04/12 15:01
Grayscale transferred approximately 109 BTC to the CEX address
Arkham·2024/04/12 14:12
The U.S. dollar index DXY stands above the 106 mark for the first time since November last year
Mars Finance·2024/04/12 13:33
What’s Next for These Altcoins: ETH, DOGE, UNI, DOT, and VET?
Coinedition·2024/04/12 13:13
US gov’t among states with largest Bitcoin holdings — Arkham
According to Arkham, the U.S. government holds 212,847 BTC, while the treasuries of the U.K. and Germany hold 61,245 BTC and 49,858 BTC, respectively.
Cointelegraph·2024/04/12 12:52
Ark Invest sells another $20 million worth of Coinbase shares, adds OpenAI to Venture Fund
Cathie Wood’s Ark Invest offloaded another 77,561 Coinbase shares on Thursday — worth $20.4 million — as the investment firm continues to rebalance its fund weightings.Ark’s Venture Fund also invested in OpenAI for the first time — the artificial intelligence firm led by Worldcoin co-founder Sam Altman.
The Block·2024/04/12 12:49
Crypto Price Analysis Apr-12: ETH, XRP, ADA, SHIB, and DOGE
Cryptopotato·2024/04/12 11:58
Anonymous Whale Pulls $24M ENA Token From Binance: Here’s Why
Coinedition·2024/04/12 11:31
Hong Kong prepares to approve Bitcoin and Ethereum spot ETFs as soon as next Monday
Bloomberg·2024/04/12 11:23
Flash
- 06:13A wallet withdrew 4.26 million TRUMP from CEX, approximately equivalent to 13.9 million US dollarsAccording to Onchain Lens monitoring, a dormant wallet withdrew 4.26 million TRUMP (@MAGAMemecoin) from the CEX exchange about 20 minutes ago, equivalent to approximately $13.9 million.
- 06:12Analysis: The approval of Bitcoin ETF options will increase market volatility in the short termThe U.S. SEC has approved options trading for multiple Bitcoin spot ETFs, and analysts predict this will increase the market volatility of Bitcoin. Kbit CEO Ed Tolson believes that retail investors will use Bitcoin ETF options for speculation, which may amplify price fluctuations. "Retail speculation is likely to be a major use case for BlackRock's IBIT options, with institutional market makers expected to be the other party in these trades. This means they need to buy when prices rise and sell when they fall, which could exacerbate volatility." Galaxy Digital's Head of Trading Operations Michael Harvey also expects short-term volatility to intensify. "We expect the number of retail traders initially will exceed institutions, which could exacerbate volatility. Over time, as institutions adopt yield-generating strategies such as selling volatility, this might suppress the overall volatility we see today." Yesterday's news reported that the U.S Securities and Exchange Commission (SEC) approved several Bitcoin ETF option products listed on Cboe exchange and NYSE American exchange. Cboe was granted permission to list Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) options; NYSE American was allowed to list Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB) options. According to documents shown, both exchanges have set a unilateral position limit of 25 thousand contracts per each bitcoin ETF option product lower than other ETF option products.
- 06:06Chief Economist of the International Monetary Fund: Lowering inflation could be a blessing for risk assets such as cryptocurrenciesIn a statement issued on October 22, Pierre-Olivier Gourinchas, Chief Economist of the International Monetary Fund, stated that the global inflation rate is expected to drop to 3.5% by the end of 2025. This is largely due to the resilience of the global economy. Lowering inflation will bring a series of benefits such as reducing living costs and interest rates, which may be good news for risk assets like cryptocurrencies.
