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?
BlackRock smashes $10.5T record in Q1 managed assets
BlackRock’s $76 billion of quarterly long-term net inflows already accounts for nearly 40% of full year 2023 levels.
Cointelegraph·2024/04/12 11:10
$26 million in 'unnecessary liquidations' hit Blast-based lender Pac Finance
An Aave fork on Blast unexpectedly updated its liquidation threshold, causing a large swatch of liquidations.
The Block·2024/04/12 10:52
BTC price inches from new surge at $71K — Bitcoin Pi Cycle Top metric
Bitcoin is consolidating immediately below a key bull market breakout level, which sparked the rapid run to all-time highs in both 2017 and 2020.
Cointelegraph·2024/04/12 10:38
Masa Protocol (MASA): Unleashing The Future Of Identity
Bitget Academy·2024/04/12 09:58
EigenLayer introduces six actively validated services including restaked rollups and Ethereum-native oracle
EigenLayer has introduced six new actively validated services with the stage 3 mainnet launch. The AVSs are AltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio, which will be secured via restaking.
The Block·2024/04/12 07:28
Can Bitcoin Return to ATH When $1.5B BTC Options Expire Today?
The end of the week spells another Bitcoin options expiry event and there is a large batch about to go, will they have an impact on spot prices though?
Cryptopotato·2024/04/12 06:46
Bitcoin Cash open interest folds 47% since halving as price slides
Cointelegraph·2024/04/12 06:43
Ethereum’s Pectra upgrade to make normal wallets ‘smart’ and improve UX
Cointelegraph·2024/04/12 06:25
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.
