Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving
GBTC again led the outflows, while inflows into BlackRock’s IBIT continued to slow, provision data from Farside show.Source
Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark
Bitcoin’s rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.Source
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.Source
Bitcoin Dips Below $60K as Israel Launches Strike on Iran
Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.Source
Bitcoin Back Above $62K as Crypto Market Calms After Reports of Limited Damage From Israeli Attack
Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.Source
Chia Network Makes Progress Toward an IPO, CEO Says
The cryptocurrency company founded by BitTorrent’s inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse.Source
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”Source
Sen. Lummis: It’ll Pay to ‘Choose Circle Over Tether’ Under U.S. Stablecoin Proposal
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill’s authors, Sen. Cynthia Lummis (R-Wyo.).Source
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.Source
Kraken Is Buying TradeStation Crypto, Expanding Cryptocurrency Exchange’s U.S. Reach
The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.Source